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Federal

reserve

Ba n k

of

Dallas

DALLAS, TEXAS 7 5 2 2 2

Circular No. 74-104
April 30, 1974

OPERATING RATIOS OF MEMBER BANKS
ELEVENTH FEDERAL RESERVE DISTRICT

To All Member Banks
in the Eleventh Federal Reserve District:
The annual statement of operating ratios of member banks in the
Eleventh Federal Reserve District is shown in the inside pages of this
release reflecting the 1973 data compared to that of 1972. Of particular
note is the increase in net income as a percent of Equity Capital.
A separate tabulation giving the relevant ratios for your bank have
been enclosed in the statement sent to the chief executive officer of your
bank.
Additional copies of this report are available upon request.
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 1973 AND 1972 — ELEVENTH FEDERAL RESERVE DISTRICT

!
Num ber of banks in group

U nder $5,000
1972
1973
93
110

$5,000-110,000
1972
1973
122
139

BANKS W ITH AVERAGE DEPO SITS (In thousands of dollars)
$50,000$100,000
$10,000-125,000
$25,000-$50,000
1972
1972
1972
1973
1973
1973
39
234
222
42
90
66

$100,000-$500,000
1972
1973
35
36

Over $500,000
1972
8

1973
9

PROFITABILITY
P ercen tag e of Equity C a p ita l Including All Reserves:
12.52
12.51

9.05
9.30

14.62
14.53

10.76
11.12

14.46
14.63

11.96
12.86

13.76
13.93

12.13
12.62

12.58
12.57

11.36
11.78

10.95
10.83

10.01
10.24

11.94
11.73

11.60
11.69

1
2

___________

22.27

28.21

19.19

22.99

21.05

24.36

25.54

25.37

27.86

29.50

32.06

32.27

36.47

45.01

3

Total operating incom e_________
____
Salaries, wages, and fringe benefits__________________________ _____ ______
Interest on d e p o sits__________________
__ ____ ...
Net occupancy expense of bank prem ises___________________________________
All other operating ex p en ses_______________________________________________
Total operating e x p en se _________________________________________
Income after taxes and before securities gains or losses1_____ ________ ____
Net income ___________________________________________ ____________ _____

6.91
1.93
1.59
.25
1.58
5.35
1.21
1.21

6.09
1.81
1.56
.24
1.27
4.88
.93
.95

6.74
1.52
2.03
.22
1.27
5.04
1.27
1.26

6.20
1.54
1.97
.21
1.28
5.00
.94
.97

6.79
1.40
2.38
.23
1.29
5.30
1.14
1.15

6.35
1.39
2.25
.24
1.25
5.13
.94
1.01

6.76
1.28
2.52
.23
1.29
5.32
1.09
1.11

6.30
1.31
2.27
.22
1.29
5.09
.95
.99

6.46
1.14
2.56
.22
1.37
5.29
.91
.92

5.91
1.13
2.21
.23
1.24
4.81
.85
.88

6.32
1.08
2.52
.15
1.71
5.46
.79
.78

5.52
1.10
1.99
.16
1.32
4.57
.73
.74

6.31
.86
2.14
.03
2.18
5.21
.84
.82

5.07
.85
1.56
.01
1.48
3.90
.86
.87

4
5
6
7
8
9
10
11

12.70
6.61
3.63
1.19
68.36
7.51
100.00
4.28

15.01
7.54
5.14
1.30
63.09
7.92
100.00
4.51
—
28.24
1.99
25.56
.07
3.69
2.90
17.41
79.86

12.00
7.12
8.48
.73
63.04
8.63
100.00
5.75
1.16
22.78
2.19
31.86
.11
3.41
3.12
16.60
80.07
19.93
15.82
.41
.04
16.27

9.00
6.30
9.49
.29
66.57
8.35
100.00
5.27
.78
18.07
2.49
35.32
.31
3.42
2.80
15.34
77.75
1.37
22.25
17.12
.07
.14
17.33

10.07
6.05
10.05
.44
64.08
9.31
100.00
5.96
.93
19.37
2.45
35.77
.20
3.82
2.72
16.28
80.61
1.15
19.39
15.58
.64
.06
16.28

6.08
5.11
9.67
.37
70.37
8.40
100.00
4.86
.84
16.47
2.41
37.54
.87
3.40
2.61
15.36
78.66
1.31
21.34
16.36
.05
.18
16.59

6.55
4.81
10.31
.40
67.99
9.94
100.00
5.79
1.21
18.33
2.45
36.16
.55
3.61
3.17
16.46
80.73
1.54
19.27
15.23
.35
.27
15.86

8.32
5.16
10.43
.56
66.93
8 60
100.00
3.68
1.91
15.29
2.43
39.90
2.94
3.43
2.75
15.12
81.86
1.32
18.14
14.41
-.1 2
.15
14.44

10.24
4.91
10.61
.94
63.53
9.77
100.00
4.04
2.09
16.67
2.52
37.49
1.19
4.09
2.96
16.47
81.39
1.46
18.61
14.63
.54
- .0 3
15.14

7.36
2.35
8.92
.94
71.86
8.57
100.00
2.01
2.44
14.55
2.52
39.85
8.57
2.46
2.07
14.20
84.22
.86
15.78
12.68
- .1 7
.07
12.58

8.02
2.31
8.94
.53
68.98
11.22
100.00
2.48
3.02
17.09
2.82
36.11
3.84
3.05
3.20
16.58
82.69
1.03
17.31
13.43
.40
- .0 4
13.79

4.67
.84
8.47
.36
75.14
10.52
100.00
.87
4.13
11.43
2.18
34.09
,
20.16
.65
1.70
12.34
82.55
.60
17.45
13.37
- .2 0

5.27
.49
10.43
.46
70.51
12.84
100.00
.87
5.29
14.25
2.50
30.68
11.81
.40
2.41
14.83
76.88

20.14
15.69
.22
.04
15.95

11.44
7.32
7.47
.69
65.59
7.49
100.00
4.76
1.86
20.69
2.03
30.00
.19
3.29
2.46
15.34
74.00
1.09
26.00
19.44
- .0 7
- .0 7
19.30

13.17

23.12
17.24
.19
- .0 4
17.39

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

6.17
4.40
3.68
4.43

5.52
4.03
3.63
4.05

6.39
4.74
3.95
5.60

5.85
4.71
3.91
4.34

6.31
5.13
4.33
5.18

5.69
4.79
4.19
4.48

6.15
5.61
4.21
5.45

5.49
5.08
4.12
5.43

6.34
5.89
4.40
5.42

5.89
5.87
4.15
4.79

6.18
5.86
4.17
6.32

5.39
5.46
3.83
5.54

5.34
4.90
4.03
5.55

5.00
4.73
3.82
5.26

35
36
37
38

11.15
- .0 6

9.21
- .0 9

10.44
- .2 0

9.09
-.2 3

10.17
- .3 2

9.14
- .2 3

9.60
- .3 2

8.95
- .2 6

9.25
- .3 3

8.33
- .2 3

9.05
- .2 0

7.89
- .2 8

9.79
- .0 8

7.64
- .2 7

39
40

13.70
7.10
5.59
.75
52.75
17.85
1.54

15.56
7.32
6.76
.68
48.39
19.40
1.38

11.85
7.86
11.11
.50
50.87
15.91
1.43

12.04
7.43
11.82
.59
49.46
16.63
1.56

9.38
7.11
14.20
.46
51.99
14.97
1.74

10.79
6.71
14.43
.49
50.17
14.87
1.81

6.32
5.29
15.17
.52
54.93
14.50
2.06

7.13
4.91
15.64
.44
52.98
15.44
2.27

8.23
5.44
14.85
.47
51.61
15.77
2.23

10.43
4.63
14.82
.83
49.37
16.19
2.42

7.56
2.34
13.50
.70
55.42
16.97
1.92

8.38
2.03
13.08
.41
54.10
18.14
2.12

5.29
.86
13.30
.42
56.73
17.96
2.50

5.46
.46
13.97
.52
54.47
19.71
2.51

41
42
43
44
45
46
47

9.92
24.69
14.68
27.60
23.11

10.57
29.50
15.83
27.11
16.97

13.75
21.27
19.36
26.74
18.88

12.77
23.13
21.93
28.34
13.81

15.23
14.44
22.60
31.27
16.46

15.42
13.90
24.66
32.29
13.70

17.14
11.03
29.82
29.84
12.17

16.59
8.32
32.55
32.17
10.34

15.66
3.80
38.63
28.22
13.69

13.43
4.19
40.74
28.18
13.42

16.25
6.00
36.67
20.29
20.79

14.91
5.17
37.88
20.98
21.03

11.61
1.73
38.29
12.96
35.41

11.27
1.68
40.33
14.79
31.92

48
49
50
51
52

11.08
36.23
4.96
19.43
8.86

10.68
36.25
4.81
17.08
8.59

9.00
43.81
5.16
20.55
8.64

8.94
44.95
4.89
16.51
8.31

8.16
50.23
5.26
19.47
8.67

8.17
50.59
4.92
16.77
8.52

8.16
51.61
5.51
17.95
8.62

8.15
50.28
5.07
15.48
8.34

7.74
51.35
5.65
18.45
8.43

7.86
50.38
4.93
17.59
7.92

7.49
49.63
5.98
15.24
8.35

7.62
47.08
4.91
19.48
7.30

7.52
45.61
6.26
17.28
8.62

8.05
41.47
4.85
21.45
6.89

53
54
55
56
57

1. Income after taxes and before securities gains or losses1.— _____ _________ —
2. Net income ______ ____________ ________________________ ______ ___ ..
. ...

P ercen tag e of N et Income:
3. Cash dividends p aid _____________ ____ ... .............

.

SOURCES AND DISPOSITION OF INCOME
P ercen tag e of T otal A ssets:
4.
5.
6.
7.
8.
9.
10.
11.

P ercen tag e of T otal O p eratin g Income:
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.

Interest on U.S. Treasury se c u rities_____________ __________________________
Interest on securities of U.S. Government agencies and corporations______ ____
Interest on obligations of states and political subdivisions_______ ___ ______
Interest and dividends on all other securities_______________________ ____ Interest and fees on loans2_________ ______________________________________
All other operating incom e________________________________ _____ ________
Total operating income __________________________________ ______
Service charges on deposit accounts (Included in item 17 )8______ __________
T rust departm ent income (Included in item 1 7 )3__________ ___ _____________
Salaries and w a g e s__________________________ __ ______________ ___ _________
_
Officer and employee benefits_____ .. __________________ ____ ________ __ ___
_
Interest on d ep o sits__________________________________________________ ___ _ _ _
Interest on borrowed money___________________________________ ___________
Net occupancy expense of bank prem ises___________________________________
Provision for loan losses____________________________________________________ _____
All other operating expenses_____________________________________ _________
Total operating expense________________ ___ _____ _____ ______ _____
Interest on capital notes and debentures (Included in item 2 7 )3______
_
.
Income before taxes and securities gains or lo sses___________________________
Income after income taxes and before securities gains or losses_______________
Net securities gains ( + ) or losses (—), after tax effect..._______ _____________
All other additions and subtractions, net, including m inority interest, if any_
_
Net income ________ ___ ____________ ______________________________________

—

25.69
2.19
23.00
.10
3.49
2.59
17.98
75.04
1.13
24.96
18.31
-.0 4
.03
18.30

—

—

—

—

RATES OF RETURN ON SECURITIES AND LOANS
Return on Securities:4
35.
36.
37.
38.

Interest
Interest
Interest
Interest

on U.S. Treasury secu rities________________________________________
on securities of U.S. Government agencies and corporations_________
on obligations of states and political subdivisions___________________
and dividends on all other securities________________________________

Return on Loans:2
39. Interest and fees on loans____________________ ____________________________
40. Net losses (—) or recoveries ( + ) on lo a n s _____ ___________________________

DISTRIBUTION OF TOTAL ASSETS
P ercen tag e of Total A ssets:
41.
42.
43.
44.
45.
46.
47.

U.S. Treasury securities4______________ ____________________________ _________
Securities of other U.S. Government agencies and corporations_______________ _____
Obligations of states and political subdivisions________________________ _ .. .
_
All other securities_________________________________________ _______ ___ ____
Gross loans2 ____ ______________ ____ _________________________ _____________
Cash assets _________ __ ____________ _____________ __ _________ ___________
Real estate ___ ____ ______ ______ ________ ________________________ ______

DISTRIBUTION OF LOANS
P ercen tag e of G ross Loans:2
48.
49.
50.
51.
52.

Real estate loans __---- ----------------------------- --------- ---- ------ ---- -----------------------__
Loans to fa rm e rs_______________________ ___ _______________________________
Commercial and industrial loans________________________ __________________
Consumer loans to in d iv id u als___________________ ___ _____________________
All other loans2_______________________________________ ___ _________________

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 BANKS
Each of the 1973 ratios represents an average of the ratios of individual banks
computed from data taken from Call Reports of Condition as of December 31, 1972;
June 30, 1973; and December 31, 1973; and from Consolidated Reports of Income for
the year 1973. Figures used as a basis for the 1972 ratios are averages of amounts
taken from Call Reports of Condition as of December 31, 1971; June 30, 1972; and
December 31, 1972; and from Consolidated Reports of Income for the year 1972.
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. Figures are
not shown where there were fewer than three banks in a group.
4 Excludes trading account securities.

5Includes 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