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1212 EX OFFICIO MEMBERS DAVID F. HOUSTON SECRETARY OF THE TREASURY CHAIRMAN JOHN SKELTON WILLIAMS COMPTROLLER OF THE CURRENCY FEDERAL RESERVE BOARD A D D R E S S REPLY T O WASHINGTON FEDERAL RESERVE BOARD W. P. 6. HARDING. GOVERNOR ALBERT STRAUSS. VICE GOVERNOR ADOLPH C. MILLER CHARLES S. HAMLIN HENRY A. MOEHLENPAH W. T. CHAPMAN. SECRETARY R G. EMERSON. ASSISTANT SECRETARY W. M.I MLAY, FISCAL AGENT J u l y 20, 1920. st. 1299 Subject? S t a t i s t i c s r e l a t i n g t o State banks and Trust companies e l i g i b l e f o r membership i n F.R. System • Dear S i r : With the view o f enabling the Board to continue the preparation of tables similar to those appearing on pages 29 and 30 of the I919 annual report, i t i s requested that you have the following data regarding State banks and Trust companies in your d i s t r i c t compiled from the l a t e s t a v a i l a b l e reports, and forwarded to the Board a t your e a r l i e s t convenience: State Banks and Trust Companies w i t h Capital Stock s u f f i c i e n t to meet c a p i t a l requirements f o r membership i n Federal Reserve System. (In thousands of d o l l a r s , i . e . , 000 omitted.) Members of F. R. System Non-members of F# R» System on June 30, 1920. on June JO, 1920. : Surplus : : Date : : : Surplus : : e x c l u s i v e : Total : o f : : : e x c l u s i v e : Total Num- Capital: of : r e - ; condi- ;Nun-: Capi-: of : reber :undivided:sources: tion :ber : t a l :undivided;sources : profits : ~ :report; : : profits: State of Banks with a combined c a p i t a l and surplus o f Less than $1,000,000 — — — — Over $1,000,000 but l e s s than $5,000,000 — — — — $5,000,000 and over In addition to furnishing separate data f o r each State, i t w i l l be appreciated i f you w i l l g i v e the name and l o c a t i o n of each non-oeiaber State Bank and Trust 1213 — 2 — St» 1299 company i n your d i s t r i c t which has a combined capital and surplus of $1,000,000 or over, with separate f i g u r e s of capital, surplus and t o t a l resources. While i t i s recognized that figures as of June 30, 1920, w i l l not be available for a l l banks and that consequently the l a t e s t available data w i l l have to be u t i l i z e d , i t i s desired that banks be c l a s s i f i e d as members and non-members on the basis of their s t a t u s on June be on a uniform b a s i s . i n order that reports for a l l d i s t r i c t s may I t w i l l be appreciated i f you w i l l give the necessary instructions that care be exercised to exclude a l l i n s t i t u t i o n s which, on the basis of c a p i t a l requirements, are not e l i g i b l e for membership i n the Federal Beserve System. Yours very truly, Secretary. Copy of t h i s l e t t e r sent to Chairman of each F. R. Bank.
@FedFRASER