View PDF

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

F ederal R eserve Bank of Dallas

DALLAS, TEXAS 75222

Circular No. 69-70
April 4,1969

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 1968, with comparative ratios for 1967. 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 YEARS 1968 and 19671— ELEVENTH FEDERAL RESERVE DISTRICT

Number of banks in group

Under $1,000
1967
1968
19
16

$l,000-$2,000
1967
1968
41
61

$2,000-$5,000
1967
1968
169
185

BANKS WITH AVERAGE DEPOSITS (In thousands of dollars)
$5,000-$10,000
$10,000425,000 $25,000450,000 $50,0004100,000 $100,0004200,000 $200,0004500,000
1967
1967
1967
1967
1968
1968
1968
1968
1968
1967
1967
1968
183
128
38
24
18
187
144
4
35
29
18
6

Over $500,000 [
1967
1968
6
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.............................................................

12.7
10.5
8.9
2.7

10.0
8.4
6.9
2.6

11.3
8.9
7.5
2.2

10.3
8.1
6.3
2.5

13.6
9.9
7.7
3.0

12.8
9.1
7.3
2.6

17.2
12.6
10.0
3.5

15.3
11.6
9.1
3.7

18.3
14.1
10.8
3.7

17.2
12.9
10.1
3.6

18.1
12.5
9.2
3.5

16.8
13.0
10.1
3.9

17.3
12.9
9.6
3.8

15.7
11.7
8.2
3.5

19.2
14.7
10.3
4.1

17.8
14.4
10.1
4.2

16.5
13.5
9.5
4.0

16.5
13.6
9.0
3.8

17.0
15.4
10.2
6.9

15.4
13.0
8.8
5.5

1
2
3
4

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

6.02
1.60
1.13

5.31
1.33
.95

5.82
1.22
.81

5.46
1.20
.73

5.72
1.34
.78

5.82
1.31
.76

5.98
1.38
.80

5.46
1.29
.75

5.87
1.38
.81

5.71
1.33
.77

5.66
1.22
.61

5.38
1.17
.71

5.37
1.28
.71

5.15
1.18
.62

5.34
1.38
.74

4.87
1.33
.74

5.14
1.20
.68

4.62
1.11
.61

4.68
1.50
.90

4.31
1.40
.81

5
6
7

SOURCES AND DISPOSITION OF EARNINGS
Percentage of Total Operating Revenue:
8. Interest and dividends on:
a. U.S. Government securities..................................................
19.1
4.7
b. Other securities ......................................................................
69.8
9. Revenue on loans..........................................................................
6.4
10. All other revenue..........................................................................
11.
Total operating revenue................................................ 100.0
4.8
12. Service charges on deposit accounts (Included in item 10) 2
—
13. Trust department revenue (Included in item 10)2...............
14. Salaries and wages...................................................................... 39.5
15. Pension, hospitalization, social security taxes, etc................
2.2
10.0
16. Interest on time and savings deposits.......................................
5.4
17. Net occupancy expense of bank premises..............................
17.2
18. All other expenses........................................................................
74.3
19.
Total operating expenses.............................................
25.7
20. Net current earnings...................................................................
21. Net recoveries (losses — ) 3...................................................... -3 .6
- .7
22. Net decrease (increase— ) in valuation reserves.................
4.0
23. Taxes on net income...................................................................
17.4
24. Net income after taxes...............................................................

16.5
5.6
70.1
7.8
100.0

5.8
—

40.0
2.6
10.4
5.8
16.8
75.6
24.4
-1 .7
-.8
4.1
17.8

20.4
5.3
66.5
7.8
100.0
5.4
—

33.5
1.8
18.5
5.9
18.9
78.6
21.4
-4 .5
.5
3.0
14.4

20.2
5.7
66.5
7.6
100.0

5.0
—

34.2
1.9
16.6
5.7
19.1
77.5
22.5
-3 .0
-1 .2
4.1
14.2

19.8
9.0
62.3
8.9
100.0
6.3
—

29.0
2.1
22.3
5.3
17.0
75.7
24.3
-4 .8
-1 .0
4.1
14.4

18.3
8.0
63.3
10.4
100.0

7.8
—

29.3
2.1
20.7
5.8
18.2
76.1
23.9
-5 .6
-.5
3.6
14.2

15.5
10.7
63.9
9.9
100.0
7.3
.2
24.4
2.2
28.7
4.9
16.3
76.5
23.5
-3 .8
-2 .0
3.9
13.8

16.3
11.1
63.3
9.3
100.0

6.7
.2
25.9
2.3
26.4
5.3
15.9
75.8
24.2
-3 .8
-1 .7
4.3
14.4

14.2
11.2
64.6
10.0
100.0
7.3
.2
22.6
2.3
31.2
4.7
15.8
76.6
23.4
-3 .8
-1 .4
4.4
13.8

13.5
10.4
65.5
10.6
100.0

7.8
.3
23.3
2.4
30.1
4.9
16.3
77.0
23.0
- 4 .5
- 1 .3
3.9
13.3

10.9
12.4
66.1
10.6
100.0
5.6
1.5
20.5
2.6
33.8
5.1
16.3
78.3
21.7
-7 .7
1.1
3.9
11.2

11.8
11.1
66.1
11.0
100.0
5.5

1.8
21.4
2.7
33.0
5.0
15.9
78.0
22.0
-2 .6
- 2 .1
3.9
13.4

16.1
10.1
65.0
8.8
100.0
4.1
1.7
18.5
2.6
35.0
3.9
16.2
76.2
23.8
-3 .3
-2 .4
4.9
13.2

13.2
8.8
68.5
9.5
100.0

4.2
2.2
20.3
3.0
32.0
4.4
17.1
76.8
23.2
-3 .8
-1 .6
5.5
12.3

12.0
8.5
69.5
10.0
100.0
3.6
3.1
18.9
2.6
32.9
3,8
15.6
73.8
26.2
-3 .4
-2 .5
6.3
14.0

12.6
8.8
69.6
9.0
100.0

3.6
2.9
19.7
2.7
31.4
3.9
14.8
72.5
27.5
-2 .6
-2 .6
7.0
15.3

11.5
8.6
69.8
10.1
100.0
2.0
4.9
18J5
2.4
33.9
2.7
19.1
76.6
23.4
-3 .9
- .4
5.7
13,4

16.4
9.1
64.9
9.6
100.0

2.4
5.3
18.1
2.3
36.9
2.2
16.4
75.9
24.1
-1 .9
-2 .6
6.4
13.2

8.1
9.7
73.1
9.1
100.0
1.2
4.4
13.3
2.3
33.2
.3
18.8
67.9
32.1

-.1
-2 .7
9.9
19.4

8.7
9.7
72.4
9.2
100.0

1.2
4.4
13.8
2.4
32.9
.4
17.8
67.3
32.7
-2 .9
-2 .0
9.0
18.8

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 securities3..........

5.12
3.66
-.3 9

4.54
4.29
—

5.29
3.73
-.0 5

4.94
3.51
.01

5.25
3.74
-.0 4

4.98
3.64
-.0 4

5.25
3.57
-.0 6

4.95
3.50
- .0 5

5.27
3.51
-.0 7

4.94
3.38
-.0 6

4.81
3.93
-.1 7

4.48
3.67
-.0 4

5.17
3.54
-.0 7

4.86
3.64
.21

4.77
3.64
-.2 7

4.59
3.35
.14

4.50
3.75
-.2 3

4.64
3.65
.06

4.16
4.09
-.0 7

3.93
3.90
- .0 2

25
26
27

7.99
-.8 8

7.96
- .3 3

8.29
-.4 4

7.88
-.2 8

7.91
-.6 2

7.75
- .6 2

8.04
-.3 3

7.50
- .3 7

7.91
-.3 7

7.60
-.4 0

7.56
-.5 7

7.09
- .3 2

7.28
-.2 7

7.00
- .4 1

7.01
-.2 0

6.59
-.2 6

6.99
-.2 5

6.12
- .1 8

6.72
-.0 3

6.03
- .2 3

28
29

Percentage of Total Loans (N e t):
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............................................................................

.1

18.7
6.0
47.5
27.0
.7
.1

21.1
8.7
46.7
21.9
1.4
.2

20.8
9.8
46.2
21.4
1.6
.2

19.8
13.7
45.0
19.5
1.8
.2

18.9
12.5
47.1
19.2
2.1
.2

16.4
16.8
47.7
16.7
2.1
.3

17.0
16.6
46.4
17.9
1.9
.2

14.7
18.7
48.2
15.9
2.1
.4

14.2
17.5
49.4
16.4
2.2
.3

11.8
17.7
49.7
17.4
2.8
.6

13.1
16.4
50.1
17.2
2.7
.5

16.4
15.5
48.0
17.5
2.1
.5

14.7
12.4
50.4
19.8
2.2
.5

13.1
12.2
52.9
19.0
2.0
.8

13.2
12.8
51.7
19.6
2.0
.7

12.8
12.0
51.3
20.5
2.3
1.1

16.5
11.5
49.2
19.9
2.1
.8

9.5
11.4
50.8
24.6
2.3
1.4

9.5
11.1
51.7
24.0
2.5
1.2

30
31
32
33
34
35

13.2

13.6

12.2

12.6

10.2

10.7

8.2

8.6

7.7

7.8

7.0

7.3

7.4

7.5

7.3

7.7

7.3

6.8

8.8

9.2

36

25.2
15.3
18.8
4.14

26.2
15.9
17.5
3.89

22.7
14.3
28.3
4.28

22.9
14.7
26.4
3.95

17.4
11.6
33.4
4.22

18.4
12.1
33.7
4.08

12.6
9.1
42.3
4.34

13.7
9.6
38.0
4.16

11.3
8.5
44.8
4.43

11.4
8.6
44.7
4.13

10.0
7.7
45.1
4.65

10.6
8.0
43.8
4.42

11.5
8.2
44.0
4.70

11.7
8.3
40.2
4.39

10.9
8.1
41.8
4.64

11.6
8.6
40.8
4.19

10.9
8.3
42.6
4.65

10.7
7.6
44.8
4.25

13.5
10.4
35.4
5.11

13.8
10.7
36.5
4.54

37
38
39
40

19.7
6.9
46.9
25.8
.6

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...........................................................
t or notes see back page.

NOTES FOR TABLE
1 Each of the 1968 ratios represents an average of the ratios of individual banks com­
puted from data taken from reports of condition as of December 30, 1967, and June
29, 1968, and from reports of income and dividends for the year 1968. Figures used as
a basis for the 1967 ratios are averages of amounts taken from reports of condition as
of December 31, 1966, and June 30, 1967, and from reports of income and dividends
for the year 1967.
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 (after adjustments for trans­
fers to and from reserves for bad debts), rather than on the basis of figures furnished
on the face of the Report of Income and Dividends.
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