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Federal

reserve

bank

OF DALLAS

Dallas, Texas, March 30,1962

O PER A TIN G RATIOS OF M EM BER BANKS
E L E V E N T H FE D E R A L R E SER V E D ISTRICT

To th e M em ber B anks in th e
E leventh F ederal R eserve D is tric t:
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
D istrict for 1961, with comparative ratios for 1960. Each of the 1961
ratios represents an average of the ratios of individual banks computed
from data taken from reports of condition as of December 31, 1960, June
30,1961, and September 27,1961, and from reports of income and dividends
for the year 1961. 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,
Watrous H. Irons
President

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 FOR TH E YEARS 1961 and 1960 — ELEVENTH FEDERAL RESERVE D IS TR IC T
Your bank
1960
1961
Number of banks in group

$500 and under
1960
1961
6
7

$500- $1,000
1960
1961
33
31

$1,000 - $2,000
1961
1960
99
103

BANKS WITH AVERAGE DEPOSITS (In thousands of dollars)
$2,000 $5,000 $5,000 - $10,000 $10,000 - $25,000 $25,000 $50,000 $50,000-$100,000
1961
1961
1960
1960
1961
1960
1961
1960
1961
1960
207
142
207
141
74
69
29
26
17
18

Over $100,000
1960
17

1961
18

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

8.8
6.7
5.0
3.0

8.4
6.3
3.8
3.2

9.8
7.2
5.1
2.7

5.24
1.44
.79

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

5.11
1.28
.55

4.37
1.24
.61

10.5
8.3
5.9
2.3

12.0
10.2
7.4
3.4

13.7
11.9
9.1
3.4

13.5
11.3
8.1
3.4

15.2
12.1
8.9
3.5

14.9
12.3
8.3
3.3

17.8
14.0
10.2
3.5

15.2
11.9
7.6
3.3

19.0
13.9
9.2
3.3

15.6
14.2
8.5
3.6

17.8
16.3
10.3
3.7

15.8
12.9
7.5
3.5

19.0
13.1
8.2
3.4

17.2
16.8
9.7
4.4

19.1
18.0
9.9
4.2

1
2
3
4

Percentage of Total Assets:
5. Total operating revenue1.......................
6. Net current earnings................................
7. Net income after taxes............................

4.61
1.35
.78

4.34
1.31
.82

4.46
1.45
.97

4.27
1.28
.76

4.31
1.41
.83

4.27
1.24
.69

4.41
1.42
.82

4.39
1.14
.59

4.52
1.41
.69

4.11
1.21
.66

4.36
1.36
.81

3.63
1.10
.53

3.96
1.34
.60

3.64
1.39
.78

3.92
1.55
.80

5
6
7

SOURCES AND DISPOSITION OF EARNINGS
Percentage of Total Operating Revenue:1
8. Interest and dividends on:
a. U. S. Government securities...............................................
b. Other securities....................................................................
9. Revenue on loans......................................................................
10. All other revenue......................................................................
Total operating revenue...............................................
11
12. Service charges on deposit accounts (Included in item 10) 2
13. Trust department revenue (Included in item 10) 2................
14. Salaries and wages....................................................................
15. Pension, hospitalization, social security taxes, etc...............
16. Interest on time and savings deposits....................................
17. Net occupancy expense of hank premises..............................
18. All other expenses......................................................................
Total operating expenses...............................................
19.
20 . Net current earnings..................................................................
21. Net recoveries (losses — ) 3.....................................................
22. Net decrease (increase — ) in valuation reserves...............
23. Taxes on net income..................................................................
24. Net income after taxes.............................................................

.

100.0

15.7
.7
75.2
8.4
100.0 100.0

4.2
—

43.9
2.1
2.8
6.3
19.1
74.2
25.8
- 5 .4
—

4.7
15.7

13.9
.4
78.7
7.0
100.0
3.2
—

43.6
—

2.4
—

29.1
75.1
24.9
-6.8
—

7.6
10.5

18.4
3.4
70.5
7.7
100.0

4.8
—

39.7
1.4
5.2
5.7
19.9
71.9
28.1
- 4 .8
- 2 .0
6.4
14.9

21.5
4.0
67.5
7.0
100.0
4.1
—

39.7
—

4.1
—

27.0
70.8
29.2
-4.5
-.9
6.7
17.1

21.0
7.6
62.4
9.0
100.0

6.2
—

36.9
1.5
8.3
5.7
17.2
69.6
30.4
- 3 .5
-.4
7.2
19.3

22.1
8.4
60.2
9.3
100.0
6.0
.8
35.6
—-

7.2
—

24.1
66.9
33.1
-3.7
-.2
6.9
22.2

21.5
8.8
60.3
9.4
100.0

6.8
1.1
34.0
1.7
10.0
5.8
17.8
69.3
30.7
- 2 .9
- 1 .7
7.6
18.5

23.7
9.3
57.6
9.4
100.0
6.3
.2
33.3
—

8.7
—

24.6
66.6
33.4
-4.8
-1.5
7.1
20.0

20.1
9.2
60.1
10.6
100.0

7.8
1.2
31.8
2.0
13.4
6.0
17.3
70.5
29.5
- 3 .0
- 1 .8
8.1
16.6

22.8
9.0
56.9
11.3
100.0
7.5
1.2
31.2
—

11.5
—

24.7
67.4
32.6
-3.7
-2.5
7.2
19.3

17.4
7.7
61.4
13.5
100.0

10.0
.9
31.2
2.1
15.4
6.3
18.8
73.8
26.2
- 2 .5
- 2 .4
7.6
13.7

17.7
7.2
60.8
14.3
100.0
9.8
.7
30.6
—

13.1
—

25.2
68.9
31.1
-6.0
-1.9
7.8
15.3

19.2
6.2
62.3
12.3
100.0

7.0
3.3
28.7
3.0
16.0
6.0
16.7
70.4
29.6
- .3
-2 .1
10.9
16.3

19.6
5.7
59.1
15.6
100.0
6.4
2.8
27.9
—

13.8
—

27.2
68.9
31.1
-.2
-1.7
10.4
18.9

17.8
4.7
67.5
10.0
100.0

5.5
2.0
27.7
3.8
14.8
5.6
18.1
70.0
30.0
- 3 .6
- 1 .4
10.5
14.5

17.1
4.0
66.9
12.0
100.0
5.4
1.7
27.2
—

11.8
—

27.3
66.3
33.7
-5.5
-3.9
9.0
15.3

18.6
4.9
67.3
9.2
100.0

3.3
3.8
22.7
2.9
17.0
3.3
15.5
61.4
38.6
2.6
- 3 .2
15.9
22.1

15.9
4.6
65.6
13.9
100.0
3.0
3.3
21.8
—

13.7
—

25.0
60.5
39.5
-1.9
-.4
16.6
20.6

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.......

—

3.15
4.12
.05

3.51
4.10
.06

3.42
3.49
.06

3.62
3.73
.01

3.59
3.02
.04

3.69
3.08
-.01

3.35
2.83
.13

3.65
2.91
.04

3.17
2.82
.14

3.32
2.97
.10

3.07
2.77
.38

3.16
2.83
.26

2.96
2.30
.14

3.18
2.40
.09

2.85
2.88
.82

2.85
3.40
.02

25
26
27

8.62
-.71

7.79
- .5 4

8.37
-.64

7.52
- .3 3

7.68
-.43

7.26
- .3 2

7.35
-.41

6.98
- .3 4

7.17
-.39

6.79
-.31

6.91
-.54

6.29
-.2 1

6.53
-.18

5.76
- .3 8

5.93
-.34

5.51
- .2 3

5.65
-.19

28
29

3.48
6.48

3.27
3.65

—
8.37
- .5 9

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.............................

—

24.9
10.8
36.7
26.2
1.3
.1

26.1
10.3
35.6
26.8
1.1
.1

24.8
12.6
35.9
25.0
1.6
.1

26.7
12.9
34.2
24.7
1.4
.1

24.0
13.4
37.6
23.3
1.6
.1

26.3
13.0
35.7
23.3
1.6
.1

23.4
11.4
40.4
22.6
2.0
.2

23.5
10.7
40.4
23.3
1.9
.2

24.9
9.4
40.9
22.0
2.5
.3

25.8
8.7
39.9
23.0
2.3
.3

21.8
8.4
43.0
24.4
2.0
.4

21.4
7.3
44.7
24.3
2.0
.3

22.8
6.4
44.4
23.7
2.0
.7

21.1
6.2
45.3
24.6
1.9
.9

30
31
32
33
34
35

12.6

13.0

11.5

11.1

9.7

9.5

8.6

8.2

7.7

7.7

8.1

7.9

7.2

7.3

8.2

8.2

36

29.7
14.6
9.7
2.64

31.4
15.1
8.2
2.51

24.8
13.2
15.2
2.62

24.8
12.6
13.2
2.69

20.3
10.9
17.9
2.61

20.7
10.6
15.6
2.69

17.5
9.5
23.0
2.69

17.3
9.0
20.5
2.72

14.7
8.5
29.0
2.55

15.0
8.5
25.7
2.52

15.8
8.9
27.7
2.60

15.9
8.7
25.3
2.57

13.5
7.8
26.2
2.29

13.6
8.0
22.4
2.34

15.5
9.1
26.3
2.58

15.2
9.2
23.8
2.48

37
38
39
40

24.4
4.4
40.1
30.3
.7
.1

26.7
4.7
38.0
29.7
.9

—

18.8
.8
46.4
33.1
.8
.1

15.9

15.8

34.4
19.2
8.4
2.61

34.0
19.1
7.1
3.02

19.9
.8
46.5
32.1
.7

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 Beginning in 1961, income and expenses related to bank premises are reported net (plus
or minus) under current operating expenses. By the effect of this change, 1961 ratios
related to total operating revenue are not comparable with those of earlier years.
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 transfers
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: 1. Balance sheet figures used as the basis for ratios are averages of amounts
reported as of December 31, 1960, June 30, 1961, and September 27, 1961.
2. Details may not add to totals because of rounding.

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