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Af li11
i

1973

operating ratios
of second district member banks




FEDERAL RESERVE BANK of NEW YORK

FED E R A L R ESER VE BANK
OF NEW YORK

March 29, 1974

To A ll Member Banks in the
Second Federal Reserve District:

Recently, your chief executive officer received a copy of your bank’s
1973 and 1972 individual operating ratios. We are now pleased to send
you this report on the 1973 operating ratios of member banks in the Second
Federal Reserve District, prepared by our Regulations and Bank Analysis
Department.
We believe you will find this report useful in analyzing your operating
performance and comparing it with the average results for banks of similar
size and character. The report also includes comparable 1972 operating
ratios.
If you have any questions about this report, you may contact our Regula­
tions and Bank Analysis Department.
Additional copies will be furnished upon request.




A l f r e d H ayes,

President.

CONTENTS

Tables

Page

Income and Expenses of Second District Member Banks, 1972-1973...................................

2

1973 Average Operating Ratios of Member Banks in the Second Federal Reserve District

3

1973 Average Operating Ratios of Second District Member Banks—
With Deposits under $5 Million..........................................................................................

4

With Deposits of $5 Million to $10 Million.......................................................................

5

With Deposits of $10 Million to $50 Million.....................................................................

6

With Deposits of $50 Million to $150 Million..................................................................

8

With Deposits of $150 Million and Over...........................................................................

9

Notes to ta b le s..............................................................................................................................

10




Explanatory Remarks
All ratios are expressed in percentages and are arithmetic
averages of the ratios of individual banks in each category,
rather than ratios based on aggregate dollar figures. Operat­
ing ratios that are less than .01 per cent are not shown. Ratios
may not always add to totals because of rounding. Condition
report figures used are averages of amounts reported for
December 1972, June 1973, and December 1973.
On pages 4-9, the columns headed “ Highest Quartile” in­
dicate average ratios for those banks in the top 25 per cent,
when ranked by the ratio of net income to total assets (ratio
11) ; in order to maintain confidentiality, however, no less
than three banks are represented in the quartile. On page 4,
in the table containing average operating ratios of member

cent; accordingly, this ratio breakdown is not shown in the
table.

Income and Expenses of Second District Member Banks

1972-1973
(In millions of dollars)
All Second D istrict
m em ber banks

N ew Y ork C ity
m oney m arket banks *

A ll other Second D istrict
m em ber banks

Item

1973

1972

1973

1972

1973

Number of banks at year-end.........................................

333

335

9

9

324

1972

326

Current operating revenue:

On loans..........................................................................

7 ,3 1 3 .8

4 ,6 9 5 .0

4 ,9 6 4 .5

2 ,9 0 9 .7

2 ,3 4 9 .3

1 ,7 8 5 .3

On U. S. Government securities.................................

5 9 6.7

4 3 8.5

288.9

239.2

3 0 7 .8

199.3

On other securities.........................................................

651.3

7 6 7.0

318.7

347.6

33 2.6

419.4

Service charges on deposit accounts..........................

15 7.8

153.4

59 .1

56 .1

9 8 .7

9 7 .3

Trust department earnings..........................................

4 5 0 .6

4 3 9 .0

3 3 9 .8

3 3 6 .2

11 0.8

102.8

Other operating earnings.............................................

1 ,0 0 9 .3

739.1

85 4 .0

61 7.3

155.3

121.8

Total current operating revenue....................

1 0 ,1 7 9 .5

7 ,2 3 2 .0

6 ,8 2 5 .0

4 ,5 0 6 .1

3 ,3 5 4 .5

2 ,7 2 5 .9

Salaries and wages— officers and employees.............

1 ,5 3 6 .7

1 ,4 3 2 .2

9 4 2.5

885.3

5 94.2

546.9

Pensions and other employee benefits.......................

33 6 .0

3 0 0.6

218.2

195.8

117.8

104.8

Interest on time and savings deposits.......................

3 ,4 7 8 .8

2 ,0 6 1 .9

2 ,2 2 6 .0

1 ,1 2 2 .9

1 ,2 5 2 .8

93 9.0

Interest on borrowed m on ey.......................................

1 ,3 4 1 .5

5 0 6.5

1 ,0 6 4 .4

39 0 .6

27 7.1

115.9

Occupancy expenses of bank premises, n et..............

4 0 4 .8

3 5 4 .6

24 0.9

214.1

163.9

140.5

Furniture and equipment— depreciation, rents, etc.

182.3

167.4

102.1

9 6 .6

8 0 .2

7 0 .8

Provision for loan losses...............................................

287.9

212.3

207.4

137.0

8 0 .5

7 5 .3

Other operating expenses.............................................

9 1 3.2

7 5 3.9

571.4

4 5 1.5

3 4 1.8

3 02.4

Total current operating expenses...................

8 ,4 8 1 .2

5 ,7 8 9 .4

5 ,5 7 2 .9

3 ,4 9 3 .8

2 ,9 0 8 .3

2 ,2 9 5 .6

Net current operating earnings...................................

1 ,6 9 8 .3

1 ,4 4 2 .6

1 ,2 5 2 .1

1 ,0 1 2 .3

4 4 6.2

4 30.3

Applicable income taxes...............................................

44 7 .5

3 5 2.0

3 7 3 .8

282.1

7 3 .7

6 9 .9

87 8.3

73 0.2

3 7 2 .5

3 6 0 .4

14.1

2 .9

4 .7

86 4.2

72 7.3

Current operating expenses:

Income before securities gains or losses....................
Net securities gains or losses.......................................
Net income before extraordinary item s....................
Extraordinary charges or credits................................
Net incom e.........................................................

1 ,0 9 0 .6

1 ,2 5 0 .8
-

18 .8

+

1 ,0 9 4 .2

1 ,2 3 2 .0
+

6 .0
1 ,2 3 8 .0

3 .6

+

8 .8
1 ,1 0 3 .0

-

—
8 6 4.2

+

6 .1
7 3 3.4

+

3 6 6 .9

3 6 7 .8
+

6 .0
3 7 3 .8

6 .5

+

2 .7
3 6 9 .6

* D eposits over $1 billion.
S ou rce:

In com e and expenses are derived from the year-end Report of Income subm itted b y m em ber banks in the Second Federal Reserve District.




2

1973 Average Operating Ratios of Member Banks in the Second Federal Reserve District
All
Second
District
Member
Banks*

All other banks with deposits of—
Money
Market
Banks**

Under
$5
Million

$5-$10
Million

$10-$50
Million

$150
Million
and Over

$50-$150
Million

1973

PROFITABILITY

1972

1973

1972

1973

1972

1973

1972

1973

1972

1973

1972

1973

1972

322

325

9

9

21

23

31

40

136

131

63

62

62

60

Number of banks.............

Percentage of Equity Capital Including All Reserves
9.42
9 .39

9.23
9.59

10.26
10.06

9.05
9.19

5.49
5.41

5.52
5.82

9 .58
9 .46

7.33
7.87

9.15
9.13

9.61
10.04

9.97
9.83

9 .29
9.64

10.61
10.70

11.06
11.18

34.71

35.44

47.95

51.48

21.89

28.64

22.83

19.71

27.82

30.50

39.53

36.56

52.30

55.77

6.65
1.50
2.66
.28
1.24
5.69
.79
.78

6.02
1.42
2 .30
.25
1.08
5.06
.77
.80

6.49
1.20
2.04
.26
1 .81
5.32
.80
.79

4 .89
1.28
1.14
.26
1.17
3.86
.74
.75

6.50
1.69
2.35
.27
1.34
5.66
.64
.63

5.95
1.56
2.06
.21
1.16
5.00
.68
.71

6.74
1.69
2.55
.26
1.16
5.68
.84
.83

5.99
1.56
2.21
.24
1.07
5.09
.66
.71

6.62
1.47
2.72
.26
1.20
5.67
.78
.77

6.09
1.36
2 .48
.23
1.04
5.12
.78
.81

6.71
1.49
2.86
.28
1.12
5.77
.79
.78

6.09
1.44
2.39
.27
1.02
5.14
.80
.83

6.67
1.44
2.56
.32
1.40
5.72
.82
.83

6.02
1.43
2.11
.29
1.20
5.05
.85
.85

10.13

11.45

3 .47

5.21

18.20

18.10

14.84

16.02

11.11

12.31

7.52

8 .88

6.53

7 .56

3.43

3 .68

1.26

1.01

1.32

1.78

2.95

4.25

3 .9 8

4 .09

3 .55

3.9 6

3 .3 5

3.21

9.24
1.21
68.67
7.30

10.42
1.27
65.06
8.09

4.46
.45
72.43
17.90

7.28
.67
63.27
22.53

6 .78
1.33
68.19
4.19

8.06
1.88
65.15
5.00

6.84
1.31
68.12
5.90

7 .02
1.06
64.55
7.07

9.41
1.35
67.95
6.17

10.72
1.57
64.87
6.40

10.37
1.09
69.56
7.88

11.67
.86
65.89
8.71

10.43
1.04
69.23
9.42

12.12
1.04
65.21
10.83

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

3.27

3.84

.72

1.05

2 .55

3.61

4.21

3.34

3.69
3.87
4 .15
1.28
2.48
19.20
18.88
20.17
3.41
3.08
3 .50
40.91
42.75
39.30
.43
1.35
3.79
4.25
2.29
1.67
13.62
14.26
83.99
85.97
.05
.30
.23
14.02
16.01
15.85
12.92
11.96
13.39
.13 +
+ .60 .30
+ .01 + .03 4- .08
13.53
11.86
13.80

3 .15
2 .50

3 .72
3.00
19.97
3.90
35.03
2.79
4 .95

1. Income after taxes and before securities gains (losses)" ..
Percentage of N e t Income

SOURCES A N D D ISP OSITION OF INCOM E
Percentage of Total Assets

10. Income after taxes and before securities gains (losses)0. .
Percentage of Total O p eratin g Income

13. Interest on securities of U. S. Govt, agencies &
14. Interest on obligations of States and political

19. Service charges on deposit accounts'i (part of item 1 7 ) .........

3 .58
.50
21.84
3.30
37.55

2.14
4.17
2.06
14.34
85.29
.19
14.70
12.12
.11
+
.06
12.06

20.36
3.36
38.11
1.06
4.20
2.40
14.54
84.07
.17
15.92
12.91
+
.47
+
.01
13.40

6.10

5.67

5.77

5.31

6.15

5.38

6.50

5.73

6.20

5.78

5.99

5.33

5.09

6.97

6.27

2.02

2.11

3.22

3 .56

5.62

5.48

4.23
7.89

4.13
6.85

4.57
6.73

4.42
6.59

3.65
9.30

4.43
4.80

3.81
7.83

3.81
6.39

4.30
8.51

5.98
.17 -

9.95
.35 -

7.88
.50 -

9.48
.21 -

8.14
.14 -

8.84
.25 -

3.31

29. Interest on capital notes and debenturesd (part of item 2 7 ) ..
31. Income after taxes and before securities gains (losses)0. .
32. Net securities gains ( + ) or losses ( —) after tax effect...

23.45
3 .30

4.06
2.75
9.76
82.17
.52
17.82
12.28
.20
12.07

23.57
8.61
5.38
2.93
12.68
79.26
.90
20.73
14.97

34.57
.48
4.12
3.43
16.31
86.29

23.01
3.26
37.02
.05

3.82

83.93

85.91

13.70
16.06
16.77
14.08
10.35
11.45
13.23
10.66
.22 +
.51 .16 +
.75
+
.16
+
.04
15.13
10.12
11.96
13.11
11.42

41.26
.75
3.98
2.12
15.06
85.34
.09
14.65
12.04
.10
+ .04
11 .97

4 .72
1.87
13 .34
85.66
.43
14.34
12.47
.05
+ .17
12.59

.45
16.25
14.13
+ .26
.07
14.32

5.55

5.82

5.67

5.93

5.73

6.02

5.58

4.24
7.20

4.43
7.39

4.06
7.57

4.22
6.73

4.00
6.45

7.75
.26 -

8.55
.17 -

7.65
.23

RATES OF RETURN O N SECURITIES A N D LO AN S
Return on Securities/

36. Interest on securities of U. S. Govt, agencies &
37. Interest on obligations of States and political

Return on Loans#

40. Net losses ( —) or recoveries ( + ) on loans.......................

-

8.84
.23

-

7.68
.27

-

8.54
.28

-

-

8.50
.22

-

7.47
.32

DISTRIBUTION OF ASSETS
Percentage of Total Assets
10.75
3.57
13.74
1.08
57.07
10.98
1.62

42. Securities of other U. S. Govt, agencies & corporations-^.

12.06
3.53
14.98
1.10

3 .86
1.18
6.33

4.71
.88
7.93
.50

18.57
1.52
10.10
1.08
54.11

19.59
1.63
10.12
1.92
53.35
12.13

11.70
4.13

14.92
3.62
10.27
1.25
57.65
10.38
1.59

17.40
4.17
10.08
1.00
53.62
11.45
1.69

57.12
9.92
1.58

9.83
1.54

3.06
17.88
29.20
10.93

1.55

.91

27.78
1.01

2.73
20.66
26.91
14.10

27.95
12.60

7.76
.10
48.63
7.62
35.86

7.72
.07
50.65
8 .40
33.13

34.87
9.58
12.12
25.82
17.60

36.60
11.63
13.87
26.63
11.24

33.00
5.93
15.67
26.57
18.80

4 81
14.97
27.83
16.58

37.96
2.77
18.70
27.61
12.92

9 .15
59.85

8.85
59.56

8.23
37.04

8.77

14.22
57.42

11.57
56.13

10.48
59.49

10.46
60.01

9.00
62.25

5.13
4 .85
7.94

4.37
10.51
7.39

7.21
26.56
8.32

22.85
5.98

4.75
14.70

4.04
20.85
7.58

19.28
7.84

368,638
36,941

330,851
33,692

8,706,030
914,617

7,730,996
834,109

3,476
465

7,613
896

1.78

12.69
3.95
15.24
1.28

8.40
3.57
15.69

1.74

9.57
3.76
17.44
.78
55.08
10.67
1.70

3.34
16.05

11 71
1.66

7 .90
3 .07
18.03
.91
54.85
11.77
1.63

DISTRIBUTION OF LO A N S
Percentage of Gross Loans *
7
38.07

33.98
.33

29 89
9.43

37.99
1.36
20.82
29.94
9.87

"
4.75

32.87
.34
26.25
26.68
13.83

8.52

8.23
62.29

8 .18
61.29

8.15
56.45

8.18
55 .50

4.23
4.95
17.83 — 7 .55
7.53
7.85

4 .44

5.24
- 1 9 .9 7

5.38
6.84

4 .43
9 .50
7.34

7,511 24,762
925
2,393

24,778
2,328

511,625
45,896

491,746
44,185

OTHER R ATIOS

55. Interest on time and savings deposits to total time
-

7.42

4 .40
7.42 7.40

IN TH O U S AN D S OF DOLLARS

Notes are on page 10.




3

3,420
612

7,172

77,687
7,083

Member Banks with Deposits under $5 Million
Time deposits to total deposits
60 per cent and under
Group
Average

Over 60 per cent

Highest
Quartile

Group
Average

Highest
Quartile

1973

PROFITABILITY
Percentage of Equity Capital Including All Reserves

1972

1973

1973

1972

1973

13

16

6

8

7

YO U R
BANK

3

Numbei of banks. . . .

1. Income after taxes and before securities gains (losses)0............
2. Net income.....................................................................................

6.04
5.75

4.99
5.16

5.21
5.24

4.61
4.86

6.75
7.36

6.37
6.45

25.62

29.78

23.45

15.85

26.06

14.85

6.51
1.73
2.17
.28
1.25
5.42
.88
.84

5.90
1.66
1.90
.20
1.21
4.96
.66
.67

6.51
1.58
1.84
.25
1.39
5.08
1.00
.99

6.49
1.63
2.66
.27
1.50
6.07
.27
.30

6.08
1.34
2.44
.24
1.08
5.10
.73
.80

1.64
2.72
.35
1.33
6.05
.30
.31

20.26

16.73

21 .01

14.88

21.26

10.43

1.86

2.11

.16

.45

1.05

.04

8.14
1.81
62.82
5.14

7.78
1.46
66.41
5.52

5.70
3 .28
65.44
4.40

4.57
.55
76.91
2.65

8.72
2.85
62.29
3.82

8.18
.37
77.86
3.14

Percentage of N et Income

3. Cash dividends declared................................................................
SOURCES A N D DISPO SITIO N OF INCOM E
Percentage of Total Assets

4.
S.
6.
7.
8.
9.
10.
11.

Total operating income.................................................................
Salaries, wages, and fringe benefits..............................................
Interest on deposits........................................................................
Net occupancy expense of bank premises....................................
All other operating expenses.........................................................
Total operating expenses...............................................................
Income after taxes and before securities gains (losses)0............
Net income......................................................................................

Percentage of Total O p e ra tin g Income

12. Interest on U. S. Treasury securities...........................................
13. Interest on securities of U. S. Govt, agencies &
corporations................................................................................
14. Interest on obligations of States and political
subdivisions.................................................................................
15. Interest and dividends on all other securities.............................
16. Interest and fees on loans6............................................................
17. All other operating income*..........................................................
18.

Total operating incom e.............................................................

100.00

100.00

100.00

100.00

100.00

100.00

19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.

Service charges on deposit accountsd (part of item 1 7 ) ....................
Trust department incomed (part of item 1 7 ) ....................................

3 .09

4 .08

3.41

1.68

2.56

2 .46

Salaries and w ages.........................................................................
Officer and employee benefits......................................................
Interest on deposits......................................................................
Interest on borrowed m oney.......................................................
Net occupancy expense of bank premises...................................
Provision for loan losses (n e t)......................................................
All other operating expenses.........................................................
Total operating expenses...........................................................
Interest on capital notes and debentures* {part of item 27) ..............
Income before taxes and securities gains (losses)3 .....................
Income after taxes and before securities gains (losses)0 ............
Net securities gains ( + ) or losses ( —) after tax effect..............
All other additions and subtractions (net)e ................................
Net incom e......................................................................................

23.24
3.18
32.89
.72
3.99
4.17
13.64
81.83

25.16
3.00
32.14
.12
3.33
6.88
13.57
84.20

21.61
2.56
28.42
.06
3.91
6.97
14.23
77.79

22.23
2.91
41.02
.10
4.33
2.25
20.67
93.54

19.54
2.50
40.15
.48
3.84
1.09
15.73
83.35

22.90
2.87
41.70
.13
5.77
1.36
19.25
94.01

6.45
4.09
.46

16.65
12.43
+ 1.12
.01
13.54

_

—

—

—
18.17
14.20
.65

15.80
11.03
+
.24

_

_

22.20
15.54
.06

—

—

_

_

—

—

_

+
-

5.99
3.81
.10
.01
3.91

13.55

11.27

15.48

6.03

5.39

5.90

6.35

5.38

1.70

1.97

1.06

2.56

2.46

_

4.47

4.49
5.13

4.58
7.36

2.33

4 .30
4.06

2.93
4.63

4.55

RATES OF RETURN O N SECURITIES A N D LO A N S
Return on Securities/

35. Interest on U. S. Treasury securities...........................................
36. Interest on securities of U. S. Govt, agencies &
corporations................................................................................
37. Interest on obligations of States and political
subdivisions.................................................................................
38. Interest and dividends on all other securities.............................

6.19

14.36

5.85

Return on Loans£

39. Interest and fees on loans.............................................................
40. Net losses ( —) or recoveries ( + ) on loans..................................

-

9.75
.40

7.91

-

.62

-

9.27
.57

10.29

-

.28

-

7.82
.22

-

12.35
.18

DISTRIBUTION O F ASSETS
Percentage of Total Assets

41.
42.
43.
44.
45.
46.
47.

U. S. Treasury securities-''..............................................................
Securities of other U. S. Govt, agencies & corporations-'..........
Obligations of States and political subdivisions^........................
All other securities-'........................................................................
Gross loans4.....................................................................................
Cash assets......................................................................................
Real estate assets...........................................................................

20.77

17.77

2.06

22.28
.22

15.01

2.26

.33

23.75
.64

11.75

10.15

7.81

7.43

10.07

1.51
48.64

1.28
54.49

2.48

.38
62.99

50.78

13.67

13.09

52.10
14.08

1.15

.98

.95

2.82

34.63

36.01

33.03

10.85

11.15
11.21
27.79
13.85

14.77

9.48
20.60
22.11

11.07
52.01

11.08
47.01

3.90

9.95
.98

.38
62.58
9.36
3.88

35.25
7.52

37.95

41.57

12.76

5.24

11.72

19.98

25.81

24.01

10.62
20.43

19.67

5.28

22.13

17.97
69.47

10.46

3.38

11.11
.04
12.41

DISTRIBUTION OF LO A N S
P ercentage of Gross Loans b

48.
49.
50.
51.
52.

Real estate loans.............................................................................
Loans to fa rm e rs ......................................................................................
Commercial and industrial lo a n s .................. .....................................
C onsum er loans to in d iv id u a ls ............................................................
All other lo a n s b.........................................................................................

12.36
25.83
16.33

OTHER R ATIOS

53. Total capital accounts and reserves to total assets'1....................
54. Time and savings deposits to total deposits ....................
55. Interest on time and savings deposits to total time
deposits .........................................................
56. Income taxes to net income plus income taxes' ................
57. Interest and fees on loans excluding Federal fu n d s...................

12.23
51.75

17.47

12.74

66.66

65.56

4.59
16.29
7.87

21.78

3.65
20.30
7.81

5.02
12.13
7.72

18.73

7.56

7.66

4.93
8.35
7.76

3,347
475

3,570
441

2,986
354

3,537
835

3,262
519

3,867
836

4.39

IN TH O U S A N D S OF DOLLARS

58. Average total deposits...................................................................
59. Average equity capital including all reserves ...................
Notes are on page 10.




4

100.00

M e m b er B an k s with D eposits o f $ 5 M illio n to $ 1 0 M illio n
Time deposits to total deposits
Under 50 per cent
Group
Average

50-60 per cent
Highest
Quartile

Group
Average

Over 60 per cent
Group
Average

Highest
Quartile

1973

PROFITABILITY

1972

1973

1973

1972

1973

1973

4

6

3

11

11

3

Highest
Quartile

16

Number of banks.........

1972

YO U R
BANK

1973

23

4

Percentage of Equity Capital Including All Reserves

1. Income after taxes and before securities gains (losses)®. .
2. Net income...........................................................................

10.37
8.97

3.59
3 .86

10.49
10.54

11.88
11.74

9 .98
10.79

15.48
16.50

7.80
8.02

7.04
7.52

8.06
8.33

36.40

25.20

33.93

20.91

16.98

18.22

20.75

19.59

11.57

5.93
1.87
1.48
.24
1.15
4.75
.89
.79

5.46
1.90
1.34
.25
1.44
4.95
.29
.31

5.80
1.82
1.51
.23
.95
4.52
.95
.96

6.52
1.70
2.26
.22
.93
5.11
1.03
1.01

6.06
1.59
2.15
.27
.99
5.01
.81
.87

6.33
1.43
2.26
.19
.78
4.67
1.30
1.38

7.10
1.65
3.02
.30
1.32
6.30
.70
.72

6.09
1.45
2.47
.22
1.02
5.17
.69
.74

7.07
1.69
3.22
.47
1.40
6.78
.63
.66

28.88

23.69

32.83

15.06

18.47

6.56

11.19

12.86

10.20

.59

.93

.76

4.11

5.34

3.39

2.75

4.60

3.61

8.32
.32
55.22
6.62

4.45
.49
63.98
6.45

8.56
.19
52.37
5.26

6.78
1.85
65.12
7.05

7.16
1.51
59.02
8.49

11.89
6.33
63.02
8.80

6.51
1.18
73.41
4.93

7.62
1.00
67.34
6.55

9.47
.44
72.51
3.75

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

4.54

4.63
.84
29.52
5.14
24.76

3 .46

3 .80

4.69

1.90

3 .19

2.64

26.20
5.25
26.29
.14
4.02
.73
15.45
78.09

23.09
2.85
34.83
.27
3.37
1.48
12.23
78.15

23.47
2.64
35.68
.04
4.46
1.20
15.04
82.55

19.95
2.69
35.82

19.69
3.30
42.48
.10
4.06
2.41
15.43
87.48

3.87
2.49
21.09
3.08
40.86
.07
4.02
1.53
15.80
86.48

Percentage of Net Income

3. Cash dividends declared.....................................................
SOURCES A N D D IS P O SITIO N O F INCOM E
Percentage of Total Assets

4.
5.
6.
7.
8.
9.
10.
11.

Total operating income.......................................................
Salaries, wages, and fringe benefits...................................
Interest on deposits.............................................................
Net occupancy expense of bank premises.........................
All other operating expenses..............................................
Total operating expenses....................................................
Income after taxes and before securities gains (losses)®. .
Net income...........................................................................

Percentage of Total O p eratin g Income

12. Interest'on U. S. Treasury securities................................
13. Interest on securities of U. S. Govt, agencies &
corporations......................................................................
14. Interest on obligations of States and political
subdivisions......................................................................
15. Interest and dividends on all other securities..................
16. Interest and fees on loans6.................................................
17. All other operating income'................................................
18.
Total operating income...................................................
19. Service charges on deposit accountsd (part of item 17)........
20. Trust department incomed (part of item 17)........................
21. Salaries and wages...............................................................
22. Officer and employee benefits.............................................
23. Interest on deposits.............................................................
24. Interest on borrowed money..............................................
25. Net occupancy expense of bank premises.........................
26. Provision for loan losses (net)............................................
27. All other operating expenses..............................................
28.
Total operating expenses................................................
29. Interest on capital notes and debentures6 (part of item 27)..
30. Income before taxes and securities gains (losses)” ..........
31. Income after taxes and before securities gains (losses)®. .
32. Net securities gains ( + ) or losses ( —) after tax effect...
33. All other additions and subtractions (net)*.....................
34. Net income...........................................................................

27.00
4.53
25.32
.10
4.13
1.00
18.03
80.15
19.85
15.03
- 1.49

4 .60
2.82
23.04
89.92
10.08.
5.86
-41

21.90
16.39
.09

13.52

6 .28

16.47

21.84
16.16
.27
-04
15.93

6.66

5.52

6.56

6.25

1.75

2.08

2.23

3.15

4.06
5.05

4.22
6.44

4.14
5.62

4.12
4.70

+

+

+

17.45
13.39
1.04
.03
14.47

3.02
.89
11.05
73.45

5 .87
1.20
17.33
92.38

22.15

12.51
10.76
.24
.05
11.07

6.32

5.93

6.63

5.50

7.47

4 .05

5.52

3.63

3.72

3 .3 8

3.74
5.51

+
+

4 .20
6.08

3.53
10.67

3 .74
6.81

3.48
19.87

+

26.54
20.93
1.21

20.17
2.89
44.90

+
+

+
-

13.51
10.61
.70
.01
11.30

+

7.62
10.95
.43
11.39

RATES OF RETURN O N SECURITIES AN D LO AN S
Return on Securities/

35. Interest on U. S. Treasury securities................................
36. Interest on securities of U. S. Govt, agencies &
corporations......................................................................
37. Interest on obligations of States and political
subdivisions......................................................................
38. Interest and dividends on all other securities..................
Return on Loans £

39. Interest and fees on loans...................................................
40. Net losses ( —) or recoveries ( + ) on loans.......................

-

8.03
.12

-

8.09
.36

-

7.60
.09

-

9.31
.04

-

8.21
.02

-

11.35
.04

-

9.95
.35

-

8.11
.15

-

10.32
.31

DISTRIBUTION OF ASSETS
Percentage of Total Assets

41.
42.
43.
44.
45.
46.
47.

U. S. Treasury securities'...................................................
Securities of other U. S. Govt, agencies & corporations'.
Obligations of States and political subdivisions'..............
All other securities'...........................
Gross loans6.................................
Cash assets......................................
Real estate assets...............................

25.86
1.06
11.55
.57
45.05
14.04
1.80

21.58
1.22
6.70
.59
51.64
14.69
2 .18

29.33
.69
11.18
.29
43.33
13.37
1.73

15.08
4.80
10.37
1.53
54.88
11.77
1.46

18.75
4 .95
9.80
1.22
50.47
13.05
1.57

7.12
4.11
17.57
4.96
49.74
15.23
1.04

12.08
3.44
9.88
1.24
62.70
8.50
1.63

15.66
4.57
11.10
1.00
55.64
9.83
1.62

9 .78
5.72
14.00
.22
61.06
7.39
1.21

14.43
5.31
23.70
34.64
21.90

11.70
3.41
30.45
24.56
29.85

8.54
6.65
20.01
40.19
24.59

34.24
8.58
14.44
24.81
17.91

41.04
4.29
13.87
23.12
17.66

30.73
10.40
11.02
16.92
30.92

36.80
4 .26
14.51
25.77
18.65

39.56
5.42
11.45
30.93
12.61

35.75
3.15
13.06
24.90
23.12

8.84
35.71

12.04
38.68

9.48
36.94

8.91
55.69

8.75
56.01

8.56
53.45

11.96
68.04

10.86
67.48

14.24
71.31

4 .60
26.88
7 .30

4.08
21.09
7.33

4.54
23.55
7.03

4.54
26.46
7.59

4.29
20.48
7.49

4.62
19.66
7.47

5.19
12.45
8.16

4 .24
15.71
7.60

8,709
863

8,229
1,223

8,740
937

7,083
781

7,097
696

6,679
607

7,209
983

7,522
956

DISTRIBUTION O F LO AN S
P ercentage of Gross Loans b

48.
49.
50.
51.
52.

Real estate loans................................................
Loans to farmers.............................................
Commercial and industrial loans......................
Consumer loans to individuals..............
All other loans6.........................................

OTHER RATIOS

53. Total capital accounts and reserves to total assets*.
54. Time and savings deposits to total deposits..
55. Interest on time and savings deposits to total time
deposits....................................................
56. Income taxes to net income plus income taxes’ . .
57. Interest and fees on loans excluding Federal funds..

-

5.52
1.53
8.03

IN TH O USA N D S OF DOLLARS

58. Average total deposits...................................
59. Average equity capital including all reserves.......
Notes are on page 10.




5

6,851
1,152

100.00

M e m b er B an k s with D eposits o f
Time deposits to total deposits
50-55 per cent

Under 50 per cent
Group
Average

Group
Average

Highest
Quartile

55-60 per cent
Highest
Quartile

Group
Average

1973

PR OFITABILITY

Number of banks. . . .

1972

1973

1973

1972

1973

1973

1972

10

8

3

21

16

5

21

18

Percentage of Equity Capital Including All Reserves

1. Income after taxes and before securities gains (losses)0.
2. Net incom e.........................................................................

8.60
9.50

7.53
8.05

12.02
13.00

4 .78
4.6 8

7 .80
8.09

3.82
4.03

5.84
5.71

8.42
8.83

26.37

20.03

8.96

18.90

30.35

31.23

31.58

29.83

6.87
1.90
1 .97
.35
1.65
5.90
.72
.76

5.89
1.63
1.64
.31
1.75
5.34
.36
.41

6.69
1.58
1.65
.25
1.60
5.08
1.23
1.31

6.54
1.75
2.26
.34
1.71
6.07
.43
.42

5.96
1.63
1.95
.30
1.17
5.05
.65
.68

6.55
1.50
2 .22
.30
1.64
5.68
.57
.60

6.70
1.76
2.55
.34
1.41
6.07
.55
.53

6.00
1.47
2.22
.23
1.12
5.05
.76
.79

9.93

19.45

11.65

12.89

15.54

15.97

12.66

10.62

4 .20

1.53

1.49

3 .70

5.53

1.00

4.35

3.32

3.81
.38
73.03
8.63

11.31
.27
60.36
7.06

6.56
.41
70.59
9.28

8.42
1.38
67.28
6.29

8.45
1.66
60.93
7.87

11.15
.18
64.84
6.82

7.74
.45
68.01
6.76

9.74
67.99
7.41

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

4.60
1 .08
24.37
3.32
28.89
1.58
5.13
1.63
20.68
85.62
.09
14.37
10.66
+
.67

4.22
.35
24.82
2 .38
28.27
4.03
5 .18
5.38
19.91
90.00
.15
9.99
7.00
+ 1.13
.18
7 .94

3 .06

3.80
1.28
22.77
4.10
34.63
1.61
5.24
4 .85
19.24
92.47
.21
7.53
7.12
.29

5.02
1.07
23.25
4.05
32.88
.17
5.06
2.51
16.72
84.68
.11
15.31
11.13
.44
.04
11.62

4.20

3.70
.35
22.16
3 .84
38.19
.90
5.02
2.40
17.39
89.93

4.36
1.78
21.38
3.12
37.10
.10
3 .9 8
3.17
15.16
84.03

10.07
8.68
.08
.12
8.46

15.96
12.78
+
.66
.08
13.36

Percentage of N e t Income

3. Cash dividends declared...................................................
SOURCES A N D D IS P O SITIO N O F IN CO M E
Percentage of Total Assets

4.
5.
6.
7.
8.
9.
10.
11.

Total operating incom e.......................................................
Salaries, wages, and fringe benefits...................................
Interest on deposits.............................................................
Net occupancy expense of bank premises.........................
All other operating expenses...............................................
Total operating expenses....................................................
Income after taxes and before securities gains (losses)1
*..
Net incom e...........................................................................

Percentage of Total O p e ra tin g Income

12. Interest on U. S. Treasury securities................................
13. Interest on securities of U. S. Govt, agencies &
corporations......................................................................
14. Interest on obligations of States and political
subdivisions.......................................................................
15. Interest and dividends on all other securities..................
16. Interest and fees on loans4 .................................................
17. All other operating incom e'................................................
18.
Total operating income...................................................
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.

Service charges on deposit accounts'1 (part of item 17)........
Trust department income4 (part of item 17)........................
Salaries and wages...............................................................
Officer and employee benefits.............................................
Interest on deposits.............................................................
Interest on borrowed m oney..............................................
Net occupancy expense of bank premises.........................
Provision for loan losses (n e t)............................................
All other operating expenses..............................................
Total operating expenses.................................................
Interest on capital notes and debenturesd (part of item 27) . .
Income before taxes and securities gains (losses)3 ..........
Income after taxes and before securities gains (losses)0 . .
Net securities gains ( + ) or losses ( —) after tax effect ...
All other additions and subtractions ( n e t ) '......................
Net incom e...........................................................................

_

11.33

_

19.99
3.65
25.23
3.53
3.56
.48
19.05
75.48

_

24.51
18.66
+ 1.41

—

—

20.08

+
+

6.83

_

19.81
2 .68
34.23
1.63
4.59
9 .10
12.68
84.90

_

15.09
10.25
+
.40

—

10.66

—

_

RATES O F RETURN O N SECURITIES A N D LO A N S
Return on Securities f

35. Interest on U. S. Treasury securities................................
36. Interest on securities of U. S. Govt, agencies &
corporations......................................................................
37. Interest on obligations of States and political
subdivisions.......................................................................
38. I nterest and dividends on all other securities..................

5.77

5.50

5.13

6.09

5.77

6.49

6.19

5.58

4.76

2.89

2.05

4.73

4.89

2 .25

4.91

8.56

3.71
13.82

4.71
6.16

3.17
6 .2 8

3.92
8 .96

4.34

3 .57
5.71

3.90
6 .60

3.85
5.42

6.68

Return on Loans t

39. Interest and fees on loans...................................................
40. Net losses ( —) or recoveries ( + ) on loans.......................

-

10.02
.67

-

8 .16
.93

-

12.12
.03

-

9.21
.6 5 ,

-

7.51
.31

-

9.59
1.36

-

8.47
.11

-

7.70
.42

D ISTRIBU TION OF ASSETS
Percentage of Total Assets

41.
42.
43.
44.
45.
46.
47.

U. S. Treasury securities/ ...................................................
Securities of other U. S. Govt, agencies & corporations-^.
Obligations of States and political subdivisions-''..............
All other securities/ ..............................................................
Gross loans6..........................................................................
Cash assets...........................................................................
Real estate assets.................................................................

11.53
4.69

19.68
1.63

14.56
1.80

13.70

15.66

16.00

13.47

3.66

5.75
.30
61.50
13.50

13.53
.23

9.53
.45

11.93

5.07
12.03

49.52

51.36

4.62
11.62
.50
57.32

13.23

57.46
13.69

1.12
55.62

1.10
15.11
.21

1.38

1.51

25.41

1.68

11.40
1.69

1.43
12.07

1.65

53.98
11.18
1.58

9 .98

1.61

11.33
2 .78
14.94

.82
57.33
10.26
1.71

D ISTRIBUTION O F LO A N S
Percentage of Gross Loans b

Real estate loans..................................................................
Loans to farmers..................................................................
Commercial and industrial loans.......................................
Consumer loans to individuals...........................................
All other loans6.....................................................................

32.77
1.31

27.27
1.26

37.70
1.01

29.09
1.24

2.37

19.13
24.31

31.03

19.27

17.41

29.91

22.45

28.17
27.54
15.73

21.57

15.62

37.14
24.10
12.79

19.67
18.95

27.76
11.21

31.10
12.55

8 .40
43.21

8.25
43.42

11.27
41.47

10.69

9.15

52.29

52.08

9.37
57.95

57.60

5.16
-82 .2 3
8.22

4.39
15.39

4 .73

5.03

4.26

5.04

22.12

17.30
7.13

5.01
- 2.46

7.89

-4 3 .5 1
7.97

18.93

7.43

8.26

7.87

4.35
11.69
7.44

29,238

48.
49.
50.
51.
52.

27,038
2,595

27,549
3,134

24,505
2,735

27,275
2,674

25,461

23,149

23,547

3,267

2,363

2,201

25.04
2.31
28.55

.55

28.46

9.78

39.27

35.55
3.38

OTHER R ATIO S

53. Total capital accounts and reserves to total assets*..........
54. Time and savings deposits to total deposits.....................
55. Interest on time and savings deposits to total time
56. Income taxes to net income plus income taxes*..............
57. Interest and fees on loans excluding Federal funds.........

1.0
10
51.92

8.72

IN T H O U S A N D S O F DOLLARS

59. Average equity capital including all reserves....................

2,445

Notes are on page 10.




6

$ 1 0 Million to $ 5 0 Million
Time deposits to total deposits
65-70 per cent

60-65 per cent
Group
Average

Highest
Quartile

Over 70 per cent
Group
Average

Highest
Quartile

Group
Average

Highest
Quartile

Highest
Quartile

YO U R
BANK

1973

1972

1973

1973

5

29

33

7

26

28

1973

1972

1973

7

1973

1973

1972

29

28

7

6.81
7.50

12.12
11.91

10.41
10.79

16.05
16.59

11.24
11.19

10.75
11.21

15.41
15.83

10.05
10.15

9.91
10.44

12.72
13.60

1.
2.

14.92

29.50

29.54

14.78

29.66

28.91

21.03

28.74

36.73

28.32

3.

6 .65
1.36
2.66
.20
1.36
5.59
.89
.91

6.55
1.40
2.64
.23
.99
5.27
1.05
1.03

6.05
1.35
2.45
.23
.94
4.99
.88
.92

6.74
1.34
2 .53
.21
.84
4.93
1.41
1.46

6.56
1.27
2.93
.20
.98
5.39
.91
.90

6.11
1.25
2.68
.19
.93
5.07
.83
.87

6 .44
1.14
2.72
.17
.73
4 .7 8
1.31
1.35

6 .67
1.17
3 .33
.20
.93
5.65
.83
.84

6.29
1.17
3.04
.20
.92
5.33
.81
.85

6 .59
1.08
3.02
.16
.75
5.02
1.22
1.29

4.
5.
6.
7.
8.

9.
10.
11.

10.92

10.45

12.22

8.79

8.89

10.73

9.00

11.74

11.20

11.87

12.

1.68

1.93

4.12

1.10

6.66

5.37

10.98

3.51

3.19

3.13

13.

10.36
.19
72.28
4.56

12.73
1.65
67.47
5.74

12.38
1.08
63.79
6 .38

14.16
1.73
69.37
4.82

10.07
1.47
66.44
6.44

10.12
1.93
65.72
6 .10

13.98
3.92
53.82
8.28

9.37
1.91
68.46
4 .9 8

11.14
2.56
66.82
5.06

12.45
1.21
68.05
3.27

14.
15.

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

2.44
.46
17.73
2.45
39.91
.04
2.90
2.29
17.33
82.69
—
17.31
13.58
+ 1.02
----14.61

3 .43
.37
18.10
3 .10
40.46
.30
3.51
1.40
13.28
80.18
.07
19.81
16.25
.30
—
15.94

3.89
1.29
18.92
3.27
40.65
.13
3.86
2.14
13.23
82.24
.04
17.75
14.74
+
.60
+
.03
15.37

3.40
—
16.82
2.98
37.59
—
3.12
.59
11.75
72.86
.04
27.13
21.06
+
.55
+
.04
21.66

3.01
2.56
16.60
2.71
44.84
.70
3 .17
1.32
12.82
82.19
.07
17.80
13.97
.13
+
.10
13.93

3.59
1.33
17.48
2.91
44.23
.31
3.11
1.32
13.61
83.00
.04
16.99
13.65
+
.54
+
.01
14.21

2.97
3.47
15.62
2.13
42.34
.35
2.77
.58
10.47
74.29
25.70
20.42
+
.15
+
.41
20.99

2.50
.79
15.07
2.42
50.15
.23
3.10
1.54
12.21
84.76
.09
15.23
12.57
.03
+
.18
12.72

3 .03
1.02
15.91
2.65
48.55
.24
3.15
1.85
12.51
84.88
.05
15.11
12.85
+
.55
+
.09
13.50

1.99
—
13.81
2 .54
45.97
.26
2 .46
.98
10.19
76.23
.35
23.76
18.64
—

6.37

6.30

5.90

6 .45

5.68

5.88

5.46

6.80

4.81

6.97

4 .18

15.93

6.23

5 .94

7.17

5.20

4.30
6.13

4.75
11.09

4.22
7 .98

4.45
24.67

4.45
6.79

4 .13
7.03

4 .40
9.33

4.49
6.72

7.71
.20

10.42
—

12.40
3 .80
17.60
.84

9.52
6.38
14.84
1.19
56.79
8.79
1.61

10.84
5.85
14.31
1.24
56.31
9.09
1.59

10.64
9.79
20.91
2.67
45.84
8.31
1.26

12.00
4.12
13.46
1.88
57.46
8 .96
1.56

12.08
3.03
15.90
2.35
56.86
7.87
1.45

12.15
2.93
16.79
1.56
57.45
7.07
1.66

41.
42.
43.

9.98
1.46

8.39
1.05
21 .62
.67
57.38
9 .2 8
1.26

-

9.02
.28

-

8.97
.11

-

-

8.21
.15

-

7.76
.10

_

-

8 .17
.07

-

8.87
.16

16.
17.
100.00

18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.

32.
33.
34.

5 .74

6.17

35.

5.67

6.90

36.

4.45
8.21

-

19.66

4 .9 0
8.67

37.

7.83
.18

+

l .o i

-

8 .44
.05

38.
39.
40.

11.43
2.23
15.11
.20
58.42
10.31
1.32

10.66
1.92
18.16
1.21
56.50
9.53
1.44

35.35
6.40
19.87
26.90
11.46

41.30
1.86
15.23
26.66
14.92

4 2 .IS
1.76
15.90
28.60
11.52

35.00
2 .44
13.71
25.16
23.67

42.88
2.77
17.48
27.31
9.54

39.80
3.23
19.38
27.16
10.40

45.69
3.31
15.68
25.40
9.90

41.47
5.21
12.61
28.48
12.21

40.86
6 .10
11.38
31.77
9.86

45.37
3.22
12.56
29.06
9.77

48.
49.
50.
51.

10.13
58.73

8.92
62.. 70

8.65
62.71

9.12
62.94

8 .25
67.15

8.14
67.23

8.62
66.82

8.46
74.28

8.31
73.75

10.32
74.52

53.
54.

5.15
12.03
7.93

4.74
8.51
7 .80

4.40
10.99
7.44

4 .53
21.31
8.04

4.91
9.91
7.72

4.49
15.07
7.40

4.55
17.91
7.54

5.03
8.80
7 .7 8

4 .63
8.99
7.58

4 .63
16.81
7.63

55.

16,018
1,853

22,754
2,205

24,131
2,340

15,733
1,544

29,442
2,717

25,634

28,925
2,756

22,387
2,047

23,403

22,224

58.




53.33

2,306

7

2,143

2,566 |

44.
45.

46.
47.

52.

56.
57.

59.

M e m b er B a n k s with D eposits o f $ 5 0 M illio n to $ 1 5 0 M illion
Time deposits to total deposits
50-60 per cent

Under 50 per cent

Group
Average

Highest
Quartile

Group
Average

Over 60 per cent
Highest
Quartile

Group
Average

YO U R
SAN K
Highest
Quartile

1973

1972

1973

1973

1972

1973

1973

1972

1973

7

8

3

16

18

4

40

36

10

11.68
11.96

11.31
11.88

14.11
14.04

9.03
9.27

5.79
6.09

10.64
11.66

10.04
9 .68

10.60
10.91

13.33
13.41

32.75

36.53

45.83

49.08

40.16

43.32

36.90

34.76

32.29

6.61
1.77
1.86
.43
1.18
5.26
.95
.97

5.58
1.62
1.38
.37
.98
4 .37
.90
.94

6.59
1.61
1.79
.54
.83
4.78
1.20
1.19

6.55
1.58
2.53
.27
1.27
5.66
.77
.79

6.04
1.51
2.12
.27
1.16
5.07
.77
.78

6.37
1.46
2.41
.22
1.04
5.15
1.06
1.14

6.79
1.41
3.17
.26
1.05
5.91
.77
.75

6.23
1.37
2.76
.24
.96
5.34
.80
.82

6.82
1.32
3.06
.21
.90
5.49
1.10
1.10

9.36

10.58

9.46

6.74

9.29

6.37

7.51

8.31

8.20

2.30

2.36

1.66

3.91

5.66

3.43

3.63

3.47

4.37

10.64
.30
65.21
12.16

12.02
.41
60.78
13.82

13.32
.42
60.18
14.93

10.89
1.16
68.71
8.56

11.38
1.02
63.28
9.34

13.19
.66
67.22
9.10

10.11
1.20
70.66
6.86

11.74
.87
68.33
7.26

13.25
.56
65.69
7.90

100.00

P R O FITABILITY

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

4.34
7.65
22.56
4.14
28.33
1.18
6.13
1.79
14.83
78.99
.44
21.00
15.14
+
.23
—
15.37

5.02
8.59
24.12
4.45
24.76
.52
6.44
.71
16.07
77.09
.20
22.90
17.10
+
.16
.65
17.93

3.66

4.77
2.92
21.36
3.70
35.26
.65
4.51
2.92
15.70
84.14
.27
15.85
12.72
+
.36
.11
13.04

3.57
5.10
19.18
3.57
38.01
.66
3.56
1.46
14.11
80.56
.36
19.43
16.80
+ 1.24
—
18.05

3.51
1.33
17.54
3 .28
46.89
1.35
3.95
1.48
12.57
87.07
.23
12.92
11.40
.34
+
.05
11.10

3 .65
1.25
18.69
3.19
44.55
.61
3.97
1.72
12.95
85.71
.21
14.28
12.90
+
.30
+
.05
13.26

3 .70
1.44
16.49
2.87
44.86
.82
3.12
1.15
11.19
80.52

28.50
19.67
.10
—
19.56

3.84
3.07
20.63
3.42
38.72
1.43
4.19
2.10
15.74
86.27
.45
13.72
11.99
+
.24
—
12.23

19.48
16.18
.04
+
.13
16.26

Number of banks.........

Percentage of Equity Capital Including All Reserves

1. Income after taxes and before securities gains (losses)0. .
Percentage of N e t Income

SOURCES A N D D IS P O SITIO N OF IN CO M E
Percentage of Total Assets

4. Total operating income.......................................................
5. Salaries, wages, and fringe benefits...................................
7.
8.
9.
10.

Net occupancy expense of bank premises.........................
All other operating expenses...............................................
Total operating expenses.....................................................
Income after taxes and before securities gains (losses)0. .

Percentage of Total O p e ra tin g Income

12. Interest on U. S. Treasury securities.................................
13. Interest on securities of U. S. Govt, agencies &
14. Interest on obligations of States and political
15. Interest and dividends on all other securities..................

19. Service charges on deposit accounts'1 (part of item 17)........
20. Trust department income? (part of item 17)........................
22. Officer and employee benefits.............................................
25. Net occupancy expense of bank premises.........................
27. All other operating expenses...............................................
29.
30.
31.
32.
33.

Interest on capital notes and debenturesd (part of item 27) . .
Income before taxes and securities gains (losses)” ...........
Income after taxes and before securities gains (losses)0. .
Net securities gains ( + ) or losses ( —) after tax effect...
All other additions and subtractions (n et)*.....................

—
20.67
3.55
27.51
.16
7.17
.07
12.34
71.50

—

—

RATES O F RETURN O N SECURITIES A N D LO A N S
Return on Securities f

35. Interest on U. S. Treasury securities.................................
36. Interest on securities of U. S. Govt, agencies &

5.39

5.43

4.75

5.90

5.62

5.92

6.13

5.55

6.01

4.65

4.71

3.91

6.72

6.13

6.39

5.83

5.75

5.42

5.44
5.21

4.24
4 .96

5.64
5.78

4.21
7.39

3.76
7.27

4.12
11.34

4 .35
7.77

4 .1 8
8.30

4.64
7.91

37. Interest on obligations of States and political
38. Interest and dividends on all other securities..................
Return on Loans i

40. Net losses

( —)

or recoveries ( + ) on loans.......................

-

9.46
.13

-

7.45
.09

+

10.81
.18

-

8.34
.22

-

7.65
.42

-

8.35
.22

-

8.48
.16

-

7 .70
.17

-

8.57
.13

DISTRIBUTION O F ASSETS
Percentage of Total Assets

42. Securities of other U. S. Govt, agencies & corporations'.
43. Obligations of States and political subdivisions'..............

11.03
2.50
13.76
.39
53.06
16.54
1.46

11.03
2.43
15.64
.63
51.22
16.38
1.46

11.30
2.16
15.83
.53
48.09
19.50
1.13

7.44
3.97
16.71
1.07
57.09
10.87
1.87

9.68
5.00
17.64
.83
52.82
11.24
1.83

6.96
3.57
20.29
.35
56.35
10.07
1.42

8.32
3.61
15.62
1.20
59.62
8.95
1.73

9.19
3.44
17.75
.78
57.06
9.12
1.69

9.14
4.29
19.46
.56
54.61
9.14
1.60

20.78
3.30
33.29
20.45
22.16

21.04
3.13
30.39
21.46
24.06

15.90
7.27
26.70
16.69
33.43

39.82
.82
21.69
29.83
7 .82

38.90
.13
21.77
30.32
8.85

44.59
.18
17.60
27.51
10.10

40.40
1.52
18.63
31.57
7.85

41.30
1.58
18.24
31.64
7.22

39.51
2.69
16.60
32.87
8.31

8.94
40.53

8.69
39.34

9.25
40.35

8.77
56.59

8.52
56.27

10.08
56.73

7.89
68.37

7.90
68.68

8.35
68.42

5.31
21.74
7.99

4.07
23.83
6.79

5.18
31.94
7.66

5.11
8.59
7.79

4.29
15.76
7.36

4.85
10.88
7.46

5.28
-3 8 .6 9
8.01

-

4.53
.38
7.55

5.06
13.57
8.08

77,830
7,886

77,775
7,664

82,248
9,390

71,277
6,968

70,930
6,934

85,802
9,769

81,640
7,128

81.046
7,029

73,573
7,021

DISTRIBUTION O F LO A N S
Percentage of Gross Loans b

51. Consumer loans to individuals...........................................

OTHER R ATIO S

53. Total capital accounts and reserves to total assets*..........
54. Time and savings deposits to total deposits.....................
55. Interest on time and savings deposits to total time
56. Income taxes to net income plus income taxes1 ..............
57 Interest and fees on loans excluding Federal funds.........
IN T H O U S A N D S OF DOLLARS

58. Average total deposits.........................................................
59. Average equity capital including all reserves...................
Notes are on page 10.




100.00

M e m b e r B an k s with D eposits o f $ 1 5 0 M illion and O v er
Time deposits to total deposits
Under 50 per cent
Group
Average

50-60 per cent
Group
Average

Highest
Quartile

Over 60 per cent
Highest
Quartile

Group
Average

Highest
Quartile

1973

PROFITABILITY

1972

1973

1973

1972

1973

1973

1972

1973

14

13

4

25

25

6

23

22

YO U R
BANK

3

Number of banks.........

Percentage of Equity Capital Including All Reserves

1. Income after taxes and before securities gains (losses)0. .
2. Net income...........................................................................

10.88
10.77

9.29
9.69

12.63
12.63

9.82
9.85

10.19
10.20

12.32
12.64

11.30
11.56

13.10
13.19

17.60
17.64

60.50

76.51

60.61

53.04

55.79

42.25

49.18

43.49

25.04

6.43
1.56
1.95
.36
1.50
5.38
.86
.86

5.61
1.56
1.47
.33
1.28
4 .66
.78
.81

5.90
1.36
1.67
.29
1.07
4.39
1.22
1.23

6.66
1.50
2.54
.34
1.34
5.74
.78
.79

5.95
1.51
2.07
.31
1.15
5.05
.79
.80

6.62
1.47
2.40
.27
.99
5.14
1.12
1.15

6.82
1.28
2 .9 5
.25
1.40
5.89
.84
.86

6.35
1.27
2.52
.25
1.22
5.27
.95
.95

7.72
1.18
3 .07
.21
1.44
5.90
1.63
1.63

5.44

6.70

6.64

7.10

8.24

8.10

6.55

7.31

5.39

1.79

1.36

.84

2.08

2.12

2.56

5.67

5.55

6.51

10.91
.60
69.49
11.75

11.72
.59
66.22
13.38

16.98
.47
65.69
9.36

10.13
1.17
70.11
9.39

12.38
1.62
65.18
10.45

11.42
2.48
66.52
8.90

10.46
1.15
68.10
8.04

12.06
.64
64.67
9.74

13.31
.50
57.59
16.64

Percentage of N e t Income

3. Cash dividends declared.....................................................
SOURCES A N D DISPO SITIO N O F INCOM E
Percentage of Total Assets

4.
S.
6.
7.
8.
9.
10.
11.

Total operating income.......................................................
Salaries, wages, and fringe benefits...................................
Interest on deposits.............................................................
Net occupancy expense of bank premises.........................
All other operating expenses...............................................
Total operating expenses....................................................
Income after taxes and before securities gains (losses)0. .
Net income...........................................................................

Percentage of Total O p eratin g Income

12. Interest on U. S. Treasury securities................................
13. Interest on securities of U. S. Govt, agencies &
corporations.....................................................................
14. Interest on obligations of States and political
subdivisions......................................................................
15. Interest and dividends on all other securities..................
16. Interest and fees on loans6.................................................
17. All other operating income'................................................
18.

Total operating income...................................................

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.

Service charges on deposit accountsd (part of item 17)........
Trust department income? (part of item 17).......................
Salaries and wages...............................................................
Officer and employee benefits.............................................
Interest on deposits.............................................................
Interest on borrowed money..............................................
Net occupancy expense of bank premises.........................
Provision for loan losses (net)............................................
All other operating expenses..............................................
Total operating expenses................................................
Interest on capital notes and debenturesd (part of item 27) ..
Income before taxes and securities gains (losses)0...........
Income after taxes and before securities gains (losses)0. .
Net securities gains ( + ) or losses ( —) after tax effect...
All other additions and subtractions ( n e t ) '.....................
Net income...........................................................................

3.45
4.01
20.09
4.14
30.45
6.81
5.57
1.94
14.32
83.35
.63
16.64
13.81
.21
+
.11
13.71

3.90
4.91
23.01
4.47
26.75
2.91
5.96
3.88
15.74
82.73
.63
17.26
14.26
+
.48
+
.13
14.87

3.52
3.50
18.82
4.46
28.63
3 .32
4 .94
1.15
13.42
74.76
.33
25.23
20.83
.03
+
.14
20.93

3.52
2.38
18.75
3.92
38.37
4 .3 2
5.09
2.12
13.52
86.12
.22
13.87
11.86
+
.06
+
.03
11.96

4.17
2.57
21.13
4.16
35.11
1.77
5.26
2.36
15.01
84.83
.29
15.16
13.46
+
.32
.24
13.54

4.27
1.97
18.25
3.90
36.39
1 .49
4.14
1.21
12.19
77.60
.20
22.39
17.06
+
.53

2.55
1.86
15.91
3.02
43.51
6.22
3.80
1.53
12.53
86.55
.52
13.44
12.30
.08
+
.35
12.57

3.09
2 .2 8
16.87
3.26
39.82
3.86
3.99
1.95
13.32
83.10
.54
16.89
14.80
+
.06
14.87

2 .16
1.43
13.55
2.55
40.38
4.05
2.91
1.10
12.52
58.73
.67
22.94
20.69
.07
+
.11
20.73

4.93

5.84

6.82

—

17.58

_

RATES OF RETURN O N SECURITIES A N D LO AN S
Return on Securities/

35. Interest on U. S. Treasury securities................................
36. Interest on securities of U. S. Govt, agencies &
corporations......................................................................
37. Interest on obligations of States and political
subdivisions......................................................................
38. Interest and dividends on all other securities..................

5.31

4.97

5.56

5.73

5.88

5.04

5.00

3.12

6.58

5.54

4.11
6.31

3.71
6.62

4.19
5.60

4.19
6.94

4.05
6.39

6.74
4.14
8.62

4.11
6.42

4.32
6.75

5.13
13.12

Return on Loans#

39. Interest and fees on loans...................................................
40. Net losses ( —) or recoveries ( + ) on loans.......................

-

8.51
.29

-

7.26
.48

-

8.08
.16

-

8.35
.24

-

7.27
.31

-

8.37
.15

-

8.66
.14

-

7.81
.23

+

9.87
.03

DISTRIBUTION OF ASSETS
Percentage of Total Assets

41.
42.
43.
44.
45.
46.
47.

U. S. Treasury securities'..................................
Securities of other U. S. Govt, agencies & corporations'.
Obligations of States and political subdivisions'........
All other securities'....................................
Gross loans6...................................................
Cash assets..................................................
Real estate assets...........................................

6.24
1.93
16.28
.62
54.72
15.00
1.70

7.19
1.29
17.34
.48
55.55
14.49
1.70

6.95
.80
23.25
.66
48.77
12.79
1.64

8.15

8.43

9.97

7.08

7.71

5.59

15.76
.94
57.97
11.68
1.73

18.14
1.36
55.26
11.58
1.67

17.51
1.64
55.18
10.62
1.66

16.21
1.05
56.70
9.74
1.55

18.32
.65
53.98
10.39
1.53

19.41
.39
49.14
10.96
1.70

26.18
.22
35.84
23.36
17.13

22.77
.22
36.06
22.21
18.71

32.01
.17
28.59
28.24
20.61

34.49
.18
25.44
26.17
13.70

35.58
.17
23.63
26.76
13.83

35.93
.10
18.60
26.63
18.72

38.17
.56
20.30
26.53
14.42

35.77
.61
23.43
29.23
10.94

38.99
.07
18.02
20.41
22.52

8.64
42.49

8.84
40.35

10.30
40.57

8.17
55.83

8.07
55.12

9.39
56.14

7.83
65.61

7.90
64.60

10.27
68.06

5 .39
10.78
8.52

4.26
15.85
7.11

4.81
9.39
8.85

5.30
19.70
8.15

4.32
7.19
7.21

4.91
22.59
7.97

5.44
3.59
7.91

4 .65
5.46
7 .62

5.44
9.39
8.94

716,558
64,102

723,093

454,710

536,223

466,100

65,465

59,718

49,935

42,204

229,232
23,496

360,145
30,426

384,183
33,863

374,116
39,570

DISTRIBUTION OF LO AN S
Percentage of Gross Loansb

48.
49.
50.
51.
52.

Real estate loans........................................................
Loans to farmers................................................................
Commercial and industrial loans.....................................
Consumer loans to individuals.........................................
All other loans6..............................................................

OTHER RATIOS

53. Total capital accounts and reserves to total assets*...
54. Time and savings deposits to total deposits...............
55. Interest on time and savings deposits to total time
deposits...........................................................................
56. Income taxes to net income plus income ta x e s'..............
57. Interest and fees on loans excluding Federal funds.......

-

-

IN TH O U S A N D S OF DOLLARS

58. Average total deposits...................................................
59. Average equity capital including all reserves.............
Notes are on page 10.




9

100.00




NOTES TO TABLES
a Excludes minority interest in operating income, if any.
b Loans include Federal funds sold and securities pur­
chased under agreements to resell.
c Includes net income on trading account securities.
d Averages exclude banks not reporting these items, or
reporting negligible amounts. Ratios are not shown when
fewer than three banks comprise the group.
e Net of tax effect. Includes minority interest in operat­
ing income, if any.
f Excludes trading account securities.
g Denominator is average of total loans for the 15 cal­
endar days ending with each call date. Loans include Federal
funds sold and securities purchased under agreements to resell.
h Total capital accounts include capital notes and deben­
tures, and all valuation reserves.
1 Negative sign (— ) for this ratio reflects tax credit.
*
Excludes eleven member banks whose ratios would have
distorted the averages.
Banks headquartered in Manhattan with deposits over
SI billion.

1
0


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102