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F e d e r a l Re s e r v e

b a nk of

Da l l a s

DALLAS, TEXAS 75222

Circular No. 70-178
August 5, 1970

OPERATING RATIOS OF MEMBER BANKS
ELEVENTH FEDERAL RESERVE DISTRICT

To All Member Banks
in the Eleventh Federal Reserve District:
There is presented on the inside pages of this letter the annual state­
ment of operating ratios of member banks in the Eleventh Federal Reserve
District for 1969. This annual statement includes 19 operating ratios not
previously reported. Moreover, substantive definition changes for certain
items on the 1969 Report of Condition and on the Consolidated Report of
Income preclude comparison of many of the previously reported operating
ratios with those reported in 1969. Consequently, 1968 operating ratios are
not included. The notes on the back page of this letter elaborate on the
changes that have been made in the 1969 reports. Ratios for your bank are
included for your convenience in making comparisons.
If you should like to have additional copies of this report, we will be
glad to send them to you.
Yours very truly,
P. E. Coldwell
President
Enclosure

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

OPERATING RATIOS OF MEMBER BANKS FOR THE YEAR 1969 — ELEVENTH FEDERAL RESERVE DISTRICT
BANKS WITH AVERAGE DEPOSITS (In thousands of dollars)
Under $5,000

$10,000-$25,000

$25,000-$50,000

$50,000-$100,000

$100,000-$500,000

Over $500,000

1969

Number of banks in group

$5,000-$10,000
1969

1969

1969

1969

1969

1969

181

178

171

46

28

27

6

8.23
8.36

10.82
10.68

11.64
11.39

10.43
10.50

10.32
10.05

9.87
9.67

10.45
9.93

1
2

28.00

25.05

29.16

32.30

35.38

33.53

48.96

3

5.90
1.84
1.22
.23
1.38
4.69
.86
.88

6.06
1.52
1.71
.25
1.27
4.76
.95
.94

6.06
1.40
1.83
.24
1.26
4.73
.92
.91

6.00
1.32
1.89
.26
1.31
4.80
.84
.86

5.53
1.11
1.86
.20
1.14
4.33
.84
.83

5.54
1.13
1.72
.17
1.30
4.32
.80
.78

5.10
.75
1.35

4
5
6
7
8
9
10
11

17.85
5.81
4.37
.37
63.03
8.53
100.00
4.61
.01
29.61
1.88
20.75
.04
4.12
4.67
17.77
78.88

12.93
5.27
7.04
.21
65.05
9.47
100.00
6.46
.04
23.07
2.12
28.53
.18
419
3.26
16.87
78.26

11.28
454
8.45
.31
65.79
9.60
100.00
6.34
.32
20.%
2.21
30.45
.35
4.05
3.81
16.13
77.99
.03
22.00
16.23
-.8 1
15.36

8.35
3.98
8.62
.40
67.68
10.95
100.00
6.24
1.18
19.46
2.50
31.76
.94
4.47
3.69
16.69
79.55
.15
20.44
14.99
-1.79
1.78
14.97

12.55
3.28
8.58
.52
66.50
8.55
100.00
3.93
1.48
17.64
2.61
33.74
2.37
3.78
3.15
14.90
78.21
.02
21.78
15.42
.06
-.3 5
15.13

9.31
1.37
6.72
.21
72.48
9.87
100.00
2.74
3.26
17.87
2.58
31.16
5.43
3.09
2.32
15.40
77.87
.22
22.12
14.61
-.4 1
.15
14.35

PROFITABILITY
P ercentage of Equity Capital Including All Reserves:

1. Income after taxes and before securities gains or losses1
.................................
2. Net income ..........................................................................................................
P ercentage o f N et Income:

3. Cash dividends p aid ...........................................................................................
SOURCES AND DISPOSITION OF INCOME
P ercentage o f Total A ssets:

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 expense................................................. ....................
Income after taxes and before securities gains or losses1..................................
Net income ..........................................................................................................

—

1.54
3.64
.92
.88

Percentage o f Total Operating Income:

12. Interest on U.S. Treasury securities....................................................................
13. Interest on securities of U.S. Government agencies and corporations........
14. Interest on obligations of states and political subdivisions..............................
15. Interest and dividends on all other securities...................................................
16. Interest and fees on loans*...................................................................................
17. All other operating income.................................................................................
18.
Total operating incom e.......................................................................
19. Service charges on deposit accounts (Included in item 17)*............................
20. Trust department income (Included in 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 ................................................................................
27. All other operating expenses...............................................................................
28.
Total operating expense.......................................................................
29. Interest on capital notes and debentures (Included in item 27)*.....................
30. Income before taxes and securities gains or losses..........................................
31. Income after income taxes and before securities gains or losses.......................
32. Net securities gains ( + ) or losses (—), after tax effect..................................
33. All other additions and subtractions, net, including minority interest, if any.
34. Net income ..........................................................................................................

—

—

21.11
15.98
-.5 2
-.0 9
15.35

21.73
16.48
-.5 5
-.0 5
15.85

5.97
4.98
3.38
3.70

5.60
4.71
3.18
438

5.59
4.60
3.74
5.24

5.71
4.92
3.54
5.90

5.45
5.03
3.68
5.87

5.21
4.98
3.70
5.56

8.27
-.0 9

8.48
-.22

8.38
-.3 7

8.30
-.3 3

7.65
-.3 8

7.79
-.3 1

17.57
5.20
6.93
.29
48.40
19.80
1.47

13.41
5.17
11.25
.35
51.00
16.42
1.%

11.88
4.30
13.97
.37
50.62
16.34
1.91

8.65
3.63
14.48
.28
51.83
17.44
2.69

12.68
2.61
12.73
.61
50.63
17.52
2.09

9.83
1.05
10.06
.22
54.14
20.61
2.18

12.20
29.52
19.41
28.46
10.38

13.80
20.46
24.32
31.42
9.97

15.84
13.43
30.08
31.65
8.98

17.46
3.48
36.53
35.03
7.48

12.86
4.88
44.32
25.49
12.43

10.96
32.83
3.74
16.27
7.72

8.94
44.22
4.29
17.45
7.71

8.41
45.88
4.42
20.99
7.81

8.43
46.40
4.59
21.67
7.76

8.48
45.33
4.67
24.22
7.28

—

5.52
.05
8.62
.41
76.38
8.98
100.00
1.14
4.29
12.76
1.98
26.74
14.95
-.1 6
1.03
13.90
71.22

—
28.78
18.34
-.7 8

—
17.56

12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34

RATES OP RETURN ON SECURITIES AND LOANS
Return on Securities:4

35.
36.
37.
38.

Interest on U.S. Treasury securities.......................................................
Interest on securities of U.S. Government agencies and corporations6.
Interest on obligations of states and political subdivisions.................
Interest and dividends on all other securities........................................

4.55
3.93
5.55

35
36
37
38

7.61
-.0 6

39
40

6.24
11.21
.39
52.91
24.22
2.44

41
42
43
44
45
46
47

11.79
3.94
41.23
24.46
18.55

9.14
.36
53.28
14.02
23.19

48
49
50
51
52

8.38
41.44
4.84
25.05
7.39

9.40
33.38
5.11
30.11
7.24

53
54
55
56
57

—

Return on loans:1

39. Interest and fees on loans
.............................................................
40. Net losses (—) or recoveries ( + ) on loans...........................................
DISTRIBUTION OF TOTAL ASSETS
Percentage o f Total Assets:

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

U.S. Treasury securities4 .....................................................................
Securities of other U.S. Government agencies and corporations6....
Obligations of states and political subdivisions....................................
All other securities .................................................................................
Gross loans*..............................................................................................
Cash assets ..............................................................................................
Real estate ..............................................................................................

—

DISTRIBUTION OF LOANS
Percentage o f Gross Loans:*

48.
49.
50.
51.
52.

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

OTHER RATIOS

53.
54.
55.
56.
57.

Total capital accounts and reserves to total assets*.............
Time and savings deposits to total deposits..........................
Interest on time and savings deposits to total time deposits.
Income taxes to net income plus income taxes.....................
Interest and fees on loans to other loans..............................

For notes see back page.

NOTES FOR TABLE
There are 19 new ratios contained in this report. They are ratios 3, 5-9, 11, 24, 26,
29, 32-33, 48-52, and 56-57. There are no previous ratios that can be compared with those
listed in this report.
In addition, there are a number of ratios based on the 1969 Call Report of Condition
and Report of Income that are no longer comparable with similar items on previous
reports. There are three primary changes in the reports for 1969 that account for this
lack of comparability. These are:
(1) Valuation reserves are currently listed on the liability side of a bank’s Call Re­
port of Condition and all asset items are now listed on a “GROSS” basis. Prior to June
30, 1969, valuation reserves were listed as a negative item on the asset side of the
balance sheet, and all loans and securities were reported “NET” of valuation reserves.
(2) Federal funds purchased and securities sold under agreements to repurchase
are currently listed as a separate item on a bank’s Call Report of Condition. Prior to
June 30, 1969, these funds were included in the “Other Loans” category.
(3) Currently, commercial banks determine “Applicable Income Taxes” before
adding or subtracting “Securities Gains (or Losses).” Prior to December 31, 1969,
these gains or losses were added or charged-off to “Net Current Operating Earnings”
before income taxes were determined. Consequently, “Net Income” determined at yearend 1968 is no longer comparable with “Net Income” determined at year-end 1969.
1 Excludes minority interest in operating income, if any.
2 Loans include Federal funds sold and securities purchased under agreements to resell.
3 Banks reporting zero amounts were excluded in computing this average.
* Excludes trading account securities.
5 Figures are not shown where there were fewer than three hanks in a group.
6 Includes capital notes and debentures and all valuation reserves.
NOTE: Details may not add to totals because of rounding.

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