View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

July 20, 1920.
St. 1 2 9 9
Subject:

Statistics relating to State
banks and Trust companies e l igible for membership in F-RSystem.

Dear Sir:
With the view of 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 is 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 latest available reports, and forwarded to the
Board at your earliest convenience:
State Banks and Trust Companies with Capital Stock
sufficient to meet capital requirements for membership in Federal Reserve System.
(In thousands of dollars, i . e . , 000 omitted.)
* Members of F. R. System
*
Non-members of F. R. System
*
on June 30, 1920.
J
on June 30, 1920.
:
:
: Surplus :
: Date :
:
: Surplus :
:
:
rexclusive: Total : of :
:
;exclusive: Total
:Hun-:Capital:
of
: re-' :condi-:Nun-:Capi-:
of
: re:ber :
:undivided:sources: tion :ber : tal :undivided;sources
:
:
: profits :
:report:
:
: profits:
S t a t e of

Banks with a combined capital
and surplus of~
Less than

$1,000,000 e — — — —

Over $1,000,000
but less than
$5,000,000
$5,000,000and. over- - — — —
In addition to furnishing separate data for each State, i t will be appreciated
i f you will give the name and location of each non-ueuVber State Bank and Trust




144.5

- a-

St.

1299

company in your district which has a combined, capital and surplus of $1,000,000
or over, with separate figures of capital, surplus and total resources.
While i t i s recognized that figures as of June 30, 1920, will not be available
for all banks and that consequently the latest available data w i l l have to be
utilized, i t i s desired that banks be classified as members and non-members on
the basis of their status on June JO in order that reports for a l l districts may
be on a uniform basis.

It will be appreciated i f you w i l l give the necessary

instructions that care be exercised to exclude a l l institutions which, on the
basis of capital requirements, are not eligible for membership in the Federal
Reserve System.
Yours very truly,

Secretary.

Copy of this letter sent to Chairman of each F. R. Bank.