View original document

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

FEDERAL RESERVE BANK OF DALLAS

DALLAS, TEXAS

75222

Circular No. 67-69
April 7, 1967

OPERATING RATIOS OF MEMBER BANKS
ELEVENTH FEDERAL RESERVE DISTRICT

To All Member Banks
in the Eleventh Federal Reserve District:
T h e re is p re s e n te d on th e in sid e p ag e s o f th is le tte r th e a n n u a l
s ta te m e n t o f o p e ra tin g ra tio s o f m em b er b a n k s in th e E le v e n th F e d e ra l
R eserv e D is tric t f o r 1966, w ith c o m p a ra tiv e ra tio s f o r 1965. R a tio s fo r
y o u r b a n k a r e in cluded f o r y o u r convenience in m a k in g co m p ariso n s.
I f you should like to h av e a d d itio n a l copies o f th is re p o rt, w e w ill be
g la d to sen d th e m to you.
Y o u rs v e ry tru ly ,
W a tro u s H . Iro n s
P re s id e n t

Enclosure

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

O P E R A T IN G R A TIO S O F MEMBER BANKS FO R THE YEARS 1966 a n d 1 9 6 5 1— ELEVENTH FEDERAL RESERVE DISTRICT

Number of banks in group

Under $1,000
1965
1966
31
23

$1,00042,000
1966
1965
81
66

$2,000-$5,000
1965
1966
209
207

BANKS WITH AVERAGE DEPOSITS (In thousands of dollars)
$5,000410,000 $10,000-$25,000 $25,000-$50,000 $50,000-$100,000 $100,000-$200,000 $200,000-$500,000
1965
1966
1965
1966
1966
1965
1965
1965
1965
1966
1966
1966
4
167
161
17
4
104
36
19
16
118
39
23

Over $500,000
1965
5

1966
6

SUMMARY RATIOS
Percentage of Total Capital Accounts:
1.
2.
3.
4.

Net current earnings...............................................................
Net income before related taxes..........................................
Net income after taxes...........................................................
Cash dividends declared.........................................................

9.8
7.9
6.6
2.2

9.4
6.7
5.5
2.2

9.6
7.6
6.2
2.3

5.20
1.27
.85

5.65
1.23
.71

5.39
1.09
.89

10.4
7.9
6.6
2.2

12.9
8.9
7.4
2.6

11.6
8.6
7.0
3.0

16.0
12.1
9.7
3.7

15.2
11.6
9.0
3.7

18.1
12.9
10.2
3.6

16.7
11.9
9.2
3.5

16.9
13.2
9.9
3.9

15.1
10.7
8.4
3.9

16.9
12.4
8.2
3.6

17.3
13.6
8.7
3.9

16.4
12.1
8.0
4.3

15.6
11.7
8.2
4.2

15.2
11.6
7.8
3.4

13.8
10.1
7.3
3.6

14.1
12.2
8.4
5.2

15.3
13.7
8.7
5.3

1
2
3
4

Percentage of Total Assets:
5. Total operating revenue.........................................................
6. Net current earnings.............................................................
7. Net income after taxes...........................................................

5.69
1.26
.76

5.64
1.31
.74

5.28
1.18
.70

5.30
1.32
.80

5.10
1.28
.76

5.39
1.34
.77

5.27
1.26
.68

4.99
1.20
.70

4.73
1.09
.62

4.87
1.24
.61

4.49
1.22
.62

4.67
1.26
.61

4.40
1.19
.60

4.31
1.01
•52

4.09
1.07
.58

4.11
1.27
.76

3.75
1.31
.75

5
6
7

SOURCES AND DISPOSITION OF EARNINGS
Percentage of Total Operating Revenue:
8. Interest and dividends on:
a. U.S. Government securities.............................................. 18.9
b. Other securities ..................................................................
5.1
9. Revenue on loans.................................................................... 68.7
10. All other revenue....................................................................
7.3
11.
Total operating revenue............................................ 100.0
12. Service charges on deposit accounts (Included in item 10) 2.
5.0
—
13. Trust department revenue (Included in item 10) 2.............
14. Salaries and wages................................................................. 37.6
15. Pension, hospitalization, social security taxes, etc..............
2.0
16. Interest on time and savings deposits.................................. 10.4
17. Net occupancy expense of bank premises...........................
6.4
18. All other expenses.................................................................... 19.2
19.
Total operating expenses.......................................... 75.6
20. Net current earnings............................................................... 24.4
21. Net recoveries (losses— ) 3................................................... - 4 .6
22. Net decrease (increase — ) in valuation reserves...............
- .3
23. Taxes on net income...............................................................
4.1
24. Net income after taxes........................................................... 15.4

15.7
3.3
71.3
9.7
100.0
7.0
—

37.6
1.6
10.7
6.7
20.2
76.8
23.2
-5 .0
- .6
3.2
14.4

19.8
5.9
65.2
9.1
100.0
6.4
—

34.7
1.8
15.3
5.8
20.0
77.6
22.4
-5 .3
—

3.4
13.7

17.6
5.2
67.9
9.3
100.0
6.3
—
35.2
1.5
13.5
6.6
20.4
77.2
22.8
-4 .0
-1 .3
3.1
14.4

17.3
7.2
64.7
10.8
100.0
8.0
—

29.6
2.0
19.0
6.1
18.6
75.3
24.7
-5 .3
-1 .2
3.0
15.2

17.4
7.7
65.3
9.6
100.0
7.0
—
30.8
1.8
18.4
6.0
19.3
76.3
23.7
-4 .3
-1 .2
3.6
14.6

17.5
9.2
64.1
9.2
100.0
6.7
.2

26.6
2.3
24.2
5.2
16.1
74.4
25.6
-4 .6
-1 .2
4.2
15.6

17.4
9.3
63.6
9.7
100.0
7.0
.2
27.8
2.1
22.2
5.5
16.9
74.5
25.5
—4.0
-1 .2
4.8
15.5

13.5
10.2
65.4
10.9
100.0
7.6
.4

23.8
2.2
27.4
5.2
16.4
75.0
25.0
- 5 .4
- 1 .4
3.6
14.6

13.1
9.0
66.9
11.0
100.0
7.6
.5
25.5
2.3
25.8
5.6
16.9
76.1
23.9
-4 .9
-2 .1
4.0
12.9

12.9
10.0
66.6
10.5
100.0
5.5
1.8

22.8
2.7
28.7
5.8
15.8
75.8
24.2
- 4 .0
- 1 .4
4.6
14.2

14.3
9.1
66.0
10.6
100.0
5.7
1.8
23.8
2.7
29.3
5.5
15.7
77.0
23.0
-3 .6
-2 .7
3.5
13.2

13.7
7.5
68.7
10.1
100.0
4.6
2.5

21.1
3.0
29.5
4.4
16.7
74.7
25.3
-5 .8
- .7
6.3
12.5

16.0
6.3
66.8
10.9
100.0
4.7
2.8
22.8
3.1
25.6
4.5
16.9
72.9
27.1
-4 .2
-1 .6
7.6
13.7

14.2
8.6
67.9
9.3
100.0
4.0
2.9

20.4
2.9
29.8
4.5
15.4
73.0
27.0
-6 .4
-.8
6.6
13.2

13.3
7.1
70.6
9.0
100.0
4.2
2.8
21.8
3.1
27.4
5.0
15.5
72.8
27.2
-3 .7
-3 .4
6.3
13.8

16.8
8.2
65.7
9.3
100.0
2.4
5.3

18.7
2.4
36.4
3.6
15.6
76.7
23.3
-3 .5
- 1 .9
5.9
12.0

17.8
7.8
65.5
8.9
100.0
1.9
5.1
17.9
2.6
34.3
3.2
16.0
74.0
26.0
-3 .9
-2 .4
5.7
14.0

9.3
8.9
73.2
8.6
100.0
1.1
4.3

13.6
2.2
33.3
1.3
18.5
68.9
31.1
- 3 .4
-J S

8.7
18.5

13.0
6.5
71.6
8.9
100.0
1.1
4.5
14.3
2.3
28.3
2.2
17.7
64.8
35.2
-1 .4
-2 .0
11.7
20.1

8
a
b
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24

RATES OF EARNINGS ON SECURITIES AND LOANS
Percentage of Securities:
25. Interest and dividends on U.S. Government securities......
26. Interest and dividends on other securities.........................
27. Net recoveries and profits (losses — ) on securities8........

4.31
4.38
.01

4.07
4.70
.01

4.56
3.72
- .0 4

4.11
4.07
-.0 9

4.63
3.40
-.0 6

4.17
3.4]
.01

4.70
3.22
-.1 6

4.22
3.22
-.0 4

4.48
3.16
- .1 4

4.20
3.13
-.0 5

4.32
3.33
-.1 3

3.93
3.12
-.1 2

4.28
3.22
- .2 4

3.95
3.06
.02

4.43
3.29
-.4 9

7.88
-.4 0

8.07
-.7 3

7.68
-.7 2

7.95
-.4 5

7.71
-.5 6

7.63
-.4 5

7.44
-.3 8

7.34
-.4 0

7.37
-.4 3

7.29
-.4 1

6.70
- .2 9

6.55
-.2 7

6.55
-.3 7

6.18
-.2 9

6.10
-.3 2

—

4.03
3.28
- .1 5

3.56
3.41
-.2 2

3.42
3.51
-.3 4

3.36
3.42
-.0 4

25
26
27

5.93
-.2 7

5.87
- .1 8

5.58
-.1 1

5.86
- .1 3

5.30
-.1 1

28
29

3.90
3.19

Percentage of Total Loans (N et):
28. Revenue on loans....................................................................
29. Net recoveries (losses — ) on loans3....................................

DISTRIBUTION OF TOTAL ASSETS
Percentage of Total Assets:
30.
31.
32.
33.
34.
35.

U.S. Government securities...................................................
Other securities ......................................................................
Loans (net) ............................................................................
Cash assets ..............................................................................
Real estate assets......................................................................
All other assets ......................................................................

22.1
5.5
46.2
25.2
.9
.1

20.7
3.1
47.2
26.5
2.2
.3

21.2
8.7
45.1
23.1
1.8
.1

20.1
7.4
47.5
23.0
1.9
.1

18.8
12.0
47.4
19.4
2.2
.2

20.4
11.5
45.4
20.3
2.2
.2

18.8
14.8
45.9
18.4
1.9
.2

19.9
14.1
44.7
19.1
2.0
.2

15.6
17.0
48.2
16.8
2.1
.3

16.2
15.1
48.6
17.7
2.1
.3

14.8
14.8
49.8
17.7
2.5
.4

17.4
13.7
47.9
18.3
2.4
.3

15.5
11.4
51.4
19.1
2.2
.4

17.7
9.4
49.0
21.1
2.3
.5

14.6
12.2
52.1
18.4
2.1
.6

15.0
10.0
52.4
19.6
2.4
.6

18.0
10.8
48.4
19.8
2.3
.7

19.2
9.4
48.2
20.2
2.3
.7

10.5
51.3
23.5
2.4
1.3

13.7
7.3
50.7
24.7
2.2
1.4

30
31
32
33
34
35

13.9

16.1

13.2

14.5

10.9

11.1

8.5

8.6

7.7

7.8

7.5

7.6

7.3

7.1

7.9

7.9

6.6

7.9

9.1

8.5

36

28.3
16.5
16.5
3.89

31.0
20.8
20.0
3.81

25.4
15.7
25.7
3.87

26.7
17.9
24.6
3.62

18.1
12.4
31.6
3.82

19.2
12.7
28.6
3.76

14.2
9.4
35.0
3.97

15.1
9.5
32.1
3.81

11.6
8.5
41.2
3.85

12.0
8.6
39.0
3.78

11.2
8.3
39.6
3.93

12.0
8.3
39.8
3.80

11.5
8.0
38.5
4.05

11.9
7.8
33.7
3.72

11.8
8.8
39.0
3.98

12.2
8.8
35.7
3.77

10.7
7.4
43.4
4.02

13.0
9.0
41.2
3.84

13.9
10.5
36.6
4.35

14.0
9.8
31.9
3.82

37
38
39
40

11.0

OTHER RATIOS
36. Total capital accounts to total assets....................................
37. Total capital accounts to total assets less
Government securities and cash assets...................
38. Total capital accounts to total deposits................................
39. Time deposits to total deposits............................................
40. Interest on time deposits2.......................................................[
For notes see back page.

NOTES FOR TABLE
1 Each of the 1966 ratios represents an average of the ratios of individual banks
computed from data taken from reports of condition as of December 31, 1965, and
June 30, 1966, and from reports of income and dividends for the year 1966. Figures
used as a basis for the 1965 ratios are averages of amounts taken from reports of
condition as of December 31, 1964, and June 30, 1965, and from reports of income
and dividends for the year 1965.
2 Banks reporting zero amounts were excluded in computing this average, and figures
are not shown where there were fewer than three banks in a group.
3 Computed on the basis of actual net losses or recoveries (a fte r adjustm ents for
tran sfers to and from reserves for bad debts), rath e r than on the basis of figures
furnished on the face of the Report of Income and Dividends.
NO TE: Details may not add to totals because of rounding.