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F ederal

Reserve Bank of Dallas

DALLAS, TEXAS 75222

Circular No. 71-127
June 8, 1971

OPERATING RATIOS OF MEMBER BANKS
ELEVENTH FEDERAL RESERVE DISTRICT

To All Member Banks
in the Eleventh Federal Reserve D istrict:

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 1970, with comparative ratios for 1969.
Enclosed in the statement sent to the chief executive officer of your
bank is a separate tabulation giving the 1970 and 1969 operating ratios
for your bank.
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 YEARS 1970 AND 1969 — ELEVENTH FEDERAL RESERVE DISTRICT
BANKS WITH AVERAGE DEPOSITS (In thousands of dollars)
$5,000-$ 10,000

$10,000-$25,000

$25,000-$50,000

$50,000-$100,000

1970

1969

1970

1969

1970

1969

1970

1969

1970

1969

1970

1969

1970

1969

Number of banks in group

157

181

178

178

176

171

46

46

31

28

29

27

6

6

PROFITABILITY
P ercen tag e of Equity C ap ita l Including All R eserves:
1. Income after taxes and before securities gains or losses1----------------- ---- —------------------2. Net income -... ...............................................- --------------------------------------------------- -------

9.73
9.82

8.23
8.36

10.44
10.57

10.82
10.68

12.25
12.46

11.64
11.39

12.70
12.69

10.43
10.50

10.81
11.13

10.32
10.05

10.07
9.89

9.87
9.67

11.12
11.21

10.45
9.93

1
2

33.82

28.00

24.82

25.05

29.15

29.16

33.19

32.30

31.05

35.38

36.40

33.53

46.25

48.96

3

SOURCES AND DISPOSITION OF INCOME
P ercen tag e of T otal A ssets:
4. Total operating income ....... ...... ...... ------ --------------------------- --------- ----..................... ...... ....................... ..
5. Salaries, wages, and fringe benefits .
6. Interest on deposits--------------------------- -------- -........................ ............ .... - ...............
7. Net occupancy expense of bank prem ises---- ---- ----- -------- - ..... ........ . ......... ..............
8. All other operating expenses ....................— ---------- ------- ------ ---------------9.
Total operating expense . . . ------------------ ------------ -------------------- ----- --------10. Income after taxes and before securities gains or losses1 ------- ----------- --------------11. Net income _______________________ _________ _______ -...............----------------------- -----

6.23
1.89
1.32
.23
1.35
4.81
1.02
1.04

5.90
1.84
1.22
.23
1.38
4.69
.86
.88

6.58
1.64
1.84
.25
1.50
5.24
.95
.97

6.06
1.52
1.71
.25
1.27
4.76
.95
.94

6.50
1.46
2.00
.23
1.37
5.08
1.00
1.01

6.06
1.40
1.83
.24
1.26
4.73
.92
.91

6.52
1.43
2.03
.28
1.40
5.16
1.00
1.00

6.00
1.32
1.89
.26
1.31
4.80
.84
.86

6.07
1.21
2.11
.22
1.23
4.79
.92
.94

5.53
1.11
1.86
.20
1.14
4.33
.84
.83

5.95
1.19
1.87
.17
1.48
4.73
.79
.78

5.54
1.13
1.72
.17
1.30
4.32
.80
.78

5.45
.82
1.51
.02
1.59
3.96
.99
1.00

5.10
.75
1.35
—
1.54
3.64
.92
.88

4
5
6
7
8
9
10
11

P e rcen tag e of Total O p eratin g 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 loans2 .................... ...... ............................ ............. ............. ......... —
.......
17. All other operating income ...... _........................................ .................... ..............
—
18.
Total operating income ---- ------------ —-------- ---- ------- ------------ -------- - —
19. Service charges on deposit accounts (Included in item 17)®------ ------ -.. ....
20. Trust department income (Included in item 17)3 ------------------ -----------------------------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 2 7 )8
______________________
30. Income before taxes and securities gains or losses ________ ___________________ ____
31. Income after income taxes and before securities gains or lo sses....... ________ _______ _
32. Net securities gains (-(-) or losses (— ), after tax effect______ __ _________ ___ ____ —
33. All other additions and subtractions, net, including minority interest, if any ..... . .. _
34. Net income ____________ _______ - --- --------------------------- ----------- ~ _ ........... ..............

17.74
5.81
4.69
.34
63.95
7.45
100.00
4.05
.05
28.74
1.91
21.05
.05
3.68
4.31
16.89
76.66
—
23.33
17.45
-.4 1
.03
17.07

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
—
21.11
15.98
-.5 2
-.0 9
15.35

11.14
4.99
7.73
.14
66.57
9.40
100.00
6.49
.07
22.78
2.20
28.18
.25
3.89
4.89
16.81
79.03
.01
20.96
15.60
- .2 6
- .0 2
15.31

12.93
5.27
7.04
.21
65.05
9.47
100.00
6.46
.04
23.07
2.12
28.53
.18
4.19
3.26
16.87
78.26
—
21.73
16.48
-.5 5
-.0 5
15.85

10.17
4.40
9.31
.26
66.49
9.35
100.00
6.06
.33
20.24
2.31
31.13
.29
3.68
3.79
16.57
78.05
.07
21.94
15.96
- .0 9
-.0 1
15.85

11.28
4.54
8.45
.31
65.79
9.60
100.00
6.34
.32
20.96
2.21
30.45
.35
4.05
3.81
16.13
77.99
.03
22.00
16.23
-.8 1
—
15.36

7.04
3.49
9.67
.29
68.86
10.63
100.00
6.35
.92
19.05
2.94
31.50
1.03
4.46
3.31
16.96
79.27
.18
20.72
15.43
.16
-.1 3
15.46

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 .7 9
1.78
14.97

11.55
2.72
8.71
.36
67.44
9.18
100.00
3.99
1.62
17.39
2.60
34.84
2.08
3.84
2.73
15.28
78.78
.03
21.21
15.37
.38
.06
15.82

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
—
.35
15.13

8.05
1.73
6.92
.30
72.81
10.17
100.00
2.52
3.12
17.65
2.57
31.75
5.48
2.97
3.19
15.85
79.49
.24
20.50
13.58
-.1 3
- .0 6
13.38

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

5.34
.02
9.56
.46
74.39
10.21
100.00
1.08
4.39
13.09
2.13
27.72
14.37
.59
1.66
13.13
72.71
—
27.28
18.33
.17
—
18.51

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 OF RETURN ON SECURITIES AND LOANS
Return on S ecu rities:4
_
35. Interest on U.S. Treasury securities _____ __ _____ __ _—........... ........ .................................
36. Interest on securities of U.S. Government agencies and corporations5 ___
____ _ ...
37. Interest on obligations of states and political subdivisions _ _______ __ _ ___ ... ...
_
38. Interest and dividends on all other securities ----- ------------------ ----- ... .... ........

5.84
3.58
3.76
3.70

5.97
4.98
3.38
3.70

5.77
4.94
4.03
3.51

5.60
4.71
3.18
4.38

5.48
4.84
4.10
4.40

5.59
4.60
3.74
5.24

5.44
4.72
4.11
5.48

5.71
4.92
3.54
5.90

5.63
4.33
3.95
5.34

5.45
5.03
3.68
5.87

5.38
4.57
4.08
5.39

5.21
4.98
3.70
5.56

4.87
—
4.22
4.98

4.55
—
3.93
5.55

35
36
37
38

Return on Loans:2
39. Interest and fees on lo a n s _________ _________ _ _.................. ...... . ........ ... ........ ........... ...
40. Net losses (— ) or recoveries ( + ) on lo a n s _____ ______ ____ _ _ _________________

8.91
- .0 6

8.27
-.0 9

9.48
- .3 4

8.48
-.2 2

9.36
-.5 3

8.38
-.3 7

9.05
- .5 7

8.30
-.3 3

8.55
- .3 9

7.65
-.3 8

8.73
- .6 2

7.79
-.3 1

8.33
-.3 0

7.61
-.0 6

39
40

DISTRIBUTION OF TOTAL ASSETS
P ercen tag e of T otal A ssets:
41. U.S. Treasury securities4 __ __ ____________ ___ ___________ __ ....________ ___ _
_
42. Securities of other U.S. Government agencies and corporations5 ________ __ ________ __
43. Obligations of states and political subdivisions ________ __________ ___ _____ _______
44. All other securities _______________ ___ __ _________ ___ ___ _____________________
_
45. Gross loans2 ___ _____ —
............ —
......... ...................................... .......... ..... .... ..
__
46. Cash assets .— ............ ............................. .................. ............. ..................... ........ .... ......
47. Real estate _______________ ______ _
_______ ______ ______ _________ _________

17.98
4.88
7.17
.39
47.48
20.30
1.34

17.57
5.20
6.93
.29
48.40
19.80
1.47

12.22
4.91
11.70
.32
51.22
17.22
1.93

13.41
5.17
11.25
.35
51.00
16.42
1.96

11.49
4.07
14.38
.35
50.49
16.61
1.92

11.88
4.30
13.97
.37
50.62
16.34
1.91

8.01
3.54
14.70
.34
52.26
17.24
2.65

8.65
3.63
14.48
.28
51.83
17.44
2.69

12.02
2.23
13.24
.65
50.75
17.68
2.27

12.68
2.61
12.73
.61
50.63
17.52
2.09

8.86
1.58
10.35
.30
54.34
20.48
2.14

9.83
1.05
10.06
.22
54.14
20.61
2.18

6.02
—
12.15
.43
53.50
22.17
2.63

6.24
—
11.21
.39
52.91
24.22
2.44

41
42
43
44
45
46
47

11.80
28.87
18.88

13.46
19.41
24.08

22.30
21.30

11.79
3.94
41.23
24.46
18.55

8.79
.33
49.45

27.38
12.03

12.86
4.88
44.32
25.49
12.43

11.43
3.74
41.19

33.38
9.26

17.46
3.48
36.53
35.03
7.48

13.50
4.40
42.66

30.65
10.66

15.84
13.43
30.08
31.65
8.98

15.88
5.01
36.44

30.79
12.24

13.80
20.46
24.32
31.42
9.97

15.66
13.31
29.69

27.19
13.24

12.20
29.52
19.41
28.46
10.38

13.43
27.98

9.14
.36
53.28
14.02
23.19

48
49
50
51
52

10.80
33.10
4.00
21.47
8.50

10.96
32.83
3.74
16.27
7.72

9.15
44.03
4.63
27.32
8.62

8.94
44.22
4.29
17.45
7.71

8.53
46.51
4.79
24.63
8.58

8.41
45.88
4.42
20.99
7.81

8.26
46.20
4.98
20.83
8.63

8.43
46.40
4.59
21.67
7.76

8.67
46.29
5.18
24.75
8.10

8.48
45.33
4.67
24.22
7.28

8.30
41.88
5.24
28.86
7.92

8.38
41.44
4.84
25.05
7.39

9.41
34.55
5.59
29.55
7.61

9.40
33.38
5.11
30.11
7.24

53
54
55
56
57

Under $5,000

P ercen tag e of N et Income:
3. Cash dividends paid ....... ...... ............................ — ............ —----------------------------- ----

DISTRIBUTION OF LOANS
P ercen tag e of G ross Loans:2
48. Real estate loans ......... .... .......... ...... ............... _
.......... ...............................................................
49. Loans to farmers _______________ __________ ___________ ____ _____ _____________
50. Commercial and industrial loans __________________ _ _______ ____ ___________ ___ _
_
51. Consumer loans to individuals ....... —
............ ......... .... ...... . .............. ........
52. All other loans2 ................................. ................ ............................. ........ ............... .... . ...

$100,000-1500,000

Over $500,000

I

OTHER RATIOS

53.
54.
55.
56.
57.

Total capital accounts and reserves to total assets6 ................ .....
..................
.
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
Each of the 1970 ratios represents an average of the ratios of individual banks
computed from data taken from Call Reports of Condition as of December 31, 1969; June
30, 1970; and December 31, 1970; and from Consolidated Reports of Income for the year
1970. Figures used as a basis for the 1969 ratios are averages of amounts taken from Call
Reports of Condition as of June 30, 1969 and December 31, 1969, and from Consolidated
Reports of Income for the year 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.
4Excludes trading account securities.
5Figures are not shown where there were fewer than three banks in a group.
a Includes capital notes and debentures and all valuation reserves.
NOTE: Details may not add to totals because of rounding.

Prepared by
Research Department
Federal Reserve Bank
of Dallas

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