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ANNUAL REPORT OF THE

Comptroller of the Currency

DECEMBER 7, 1931

UNITED STATES
GOVERNMENT PRINTING OFFICE
WASHINGTON : 1932

For sale by the Superintendent of Documents, Washington, D. C.







TREASURY DEPARTMENT

Document No. 3046
Comptroller of the Currency

CONTENTS
Submission of the report
Legislation recommended:
Amendments to national bank act
Amendments to laws of the District of Columbia
Organization and liquidation of national banks, year ended October 31,
1931, and since establishment of system
Branches of national banks:
Statement relative to
Number and kind of branches on February 25, 1927, and number and
manner of acquisition of additional branches, by years to close of
October 31, 1931
Number and kind of branches authorized and closed during year
ended October 31, 1931
Number and manner of acquisition of domestic branches during year
ended October 31, 1931, by States
__„_
Number and class of domestic branches closed during year ended
October 31, 1931, by States
National banks in the trust field:
Statement relative to
Fiduciary activities of, during year ended June 30, 1931, segregated
according to capital
Fiduciary activities of, during year ended June 30, 1931, segregated
according to population of places in which banks are located
Fiduciary activities of, by Federal reserve districts, June 30, 1931
Fiduciary activities of branches, during year ended June 30, 1931,
segregated according to population of places in which branches are
located
National-bank failures:
Statement relative to
„
Receiverships, year ended October 31, 1931
Receiverships 1865-1931
Active receiverships as of October 31, 1931
Receiverships terminated 1865-1931
Receiverships terminated year ended October 31, 1931
Financial operations of division of insolvent national banks from September 30, 1930, to September 30, 1931
Summary showing progress and results of liquidation of all national
banks placed in charge of receivers from 1865 to October 31, 1931
Capital, date of appointment of receiver, and per cent of dividends
paid by insolvent national banks, the affairs of which w^ere closed
during year ended October 31, 1931
Number of all bank suspensions in the United States in the 10% years
ended June 30, 1931
Bank suspensions other than national, year ended June 30, 1931
National-bank circulation:
Statement relative to
Statement of capital stock of national banks, national-bank notes, and
Federal reserve bank notes outstanding, bonds on deposit, etc., July
1, 1931
Bond transactions relative to, year ended October 31,1931
Redemption of national and Federal reserve bank circulation, year ended
June 30, 1931
National banks of issue
Condition of national banks at date of each call during each year ended
October 31, 1931
—-in




Page

1

1-12
12, 13
13, 14
14, 15
15
15
16
17,18
19, 20
21, 22
23-25
26
27, 28
29
29, 30
30, 31
31
31-33
33, 34
34
35
35, 36
37
37, 38
38
38,39
39, 40
40
40, 41
41

IV

CONTENTS
Page

Principal items of resources and liabilities of national banks, September
29, 1931
42, 43
National-bank liabilities on account of bills payable and rediscounts at
date of each call during year ended October 31, 1931
44
Loans and discounts of national banks:
Classification of, June 29, 1929, and June 30, 1930 and 1931
54
Classification of, by reserve cities and States, June 30, 1931
46-49
Comparative statement of as of, June 30 for the last three years, in
central reserve and other reserve cities, all reserve cities and elsewhere
50
Comparative changes in demand and time deposits, loans and discounts,
United States Government and other bonds and securities owned, and
the amount of reserve of national banks with Federal reserve banks
since June 30, 1927
50
United States Government securities owned by national banks June 30,
1931:
Classification of, by reserve cities and States
.
51-53
Investments of national banks:
Comparison of, June 29, 1929, and June 30, 1930 and 1931
__
53
United States Government, domestic, and foreign bonds, securities, etc.,
owned by national banks June 30, 1931:
Classification of, by reserve cities and States
54-57
Per capita demand and time and savings deposits in all reporting banks
June 30, 1931:
Statement, by States, showing approximate population, demand and
time deposits, per capita demand and time deposits, savings deposits,
and per capita savings deposits
58 59
Savings deposits and depositors in all reporting banks, according to class
of banks, June 30, 1931, by States
.
60-65
Earnings, expenses, and dividends of national banks:
Comparison of, years ended June 30, 1930 and 1931
_66
Abstract of reports o—
f •
By reserve cities and States, year ended June 30, 1931
67-76
By Federal reserve districts, year ended June 30, 1931
77, 78
National-bank investments in United States Government and other bonds
and securities, etc., loans and discounts, and losses charged off on
account of bonds and securities and loans and discounts, years ended
June 30, 1918 to 1931
79
Number of national banks, capital, surplus, net addition to profits, dividends, and percentage ratios, years ended June 30, 1914 to 1931
79
National banks classified according to capital stock, December 31, 1930:
Number, loans and discounts, bonds and securities owned, aggregate
resources, capital, surplus and undivided profits, and total deposits
of
79,80
National bank examiners, list of, November 1, 1931
80-85
Convictions of national-bank officers and others for violations of the
national banking laws during year ended October 31, 1931, list of
85-96
Federal reserve banks:
Assets and liabilities of the 12 Federal reserve banks combined, as of
the last weekly statement date in October, 1922, to 1931
;_
97
Principal assets and liabilities of the 12 Federal reserve banks combined, on the last weekly statement date in each month, from
January, 1927, to October, 1931
.
98
Percentage of bills discounted secured by United States Government
obligations to total bills discounted and purchased by Federal
reserve banks at end of each month, year ended October 31, 1931 __
99
Federal reserve bank discount rates in effect November 1, 1931, date
established, and previous rate with respect to all classes and maturities of eligible paper
99
Discount rates prevailing in Federal reserve bank and branch cities
on bulk of loans of each class made by about 200 representative
banks during week ending the 15th of the month, October, 1930,
and September and October, 1931.__
._ 99, 100
Rates for money in New York:
Range of, monthly, year ended October 31, 1931
101
Comparison of range of, annual from January, 1922, to October,
1931
._-102




CONTENTS

V

New York clearing house:
Page
Statement relative to transactions of, year ended September 30, 1931- 103
Clearing-house associations in the 12 Federal reserve bank cities and elsewhere :
Statement relative to transactions of, year ended September 30, 1931, 103
Banks other than national, June 30, 1931:
List of officials of State banking departments and number of each
class of banks under their supervision from which reports of condition were received
103-105
State (commercial) banks—•
{Summary of resources and liabilities of, and comparison with
June 30, 1930
106, 107
Loan and trust companies—
Summary of resources and liabilities of, and comparison with
June 30, 1930
108, 109
Principal Hems of resources and liabilities of, in June of each
year, 1914 to 193.1
110
Stock savings banks—
Summary of resources and liabilities of, and comparison with
June 30, 1930
.
„
110-112
Mutual savings banks—
Summary of resources and liabilities of, and comparison with
June 30, 1930
112-114
Number of mutual and stock savings banks, number of savings
depositors, savings deposits, and average deposit account, by
States, June 30, 1930 and 1931
114-116
Number of savings banks (mutual and stock), number of savings
depositors, amount of savings deposits, and average amount due
each depositor, June 30, 1914 to 1931
117
Private banks—
Summary of resources and liabilities of, and comparison with
June 30, 1930
117-119
All reporting banks other than national—
Summary of resources and liabilities of, and comparison with
June 30, 1930
119-121
Resources and liabilities of each class of
122
Resources and liabilities of, June 30, 1927 to 1931
123
National banks, June 30, 1931:
Summary of resources and liabilities of, and comparison with June
30, 1930
124, 125
Resources and liabilities of, June 30, 1927 to 1931
126
Banks, all reporting, June 30, 1931:
Summary of resources and liabilities of, and comparison with June
30, 1930
126-128
Abstract of resources and liabilities of, by States
128-137
Demand and time deposits in, classification of
„
138
Resources and liabilities of, June 30, 1927 to 1931
1
139
Principal items of resources and liabilities of, in the continental
United States, as compared with similar data for member banks
of the Federal reserve system
140
Banks in District of Columbia:
Number, capital, demand and time deposits, and total resources of,
June 30, 1931
140
Earnings, expenses, and dividends of, other than national 6-month
periods ended December 31, 1930, and June 30, 1931, and comparison of, in years ended June 30, 1931 and 1930
140, 141
Building and loan associations in the District of Columbia—
Number of, loans, installments on shares, and aggregate resources, years ended June 30, 1909 to 1931
142
Building and loan associations in the United States:
Statistics relative to, by State, year ended 1930
143
Mortgage loan investments held by, in 1929 and 1930, by States
144
Failures of, each year 1920 to 1930
-_
145
Money in the United States:
Stock of, years ended June 30, 1914 to 1931
145
Circulation statement of United States money, June 30, 1931
146, 147
Imports and exports of merchandise, gold, and silver, calendar years
1914 to 1930, and from January 1 to September 30, 1931
148



VI

CONTENTS

Monetary stock of principal countries of the world:
Page
Statistics relative to, at end of calendar years 1929 and 1930.
149-157
Federal land banks, condition of, September 30, 1931
158, 159
Joint-stock land banks, condition of, September 30, 1931
160, 161
Federal intermediate credit banks, condition of, September 30, 1931
162
National agricultural credit corporations
163
United States Postal Savings System:
Statistics relative to activities of, years ended June 30, 1930 and
1931-^
163-167
School savings banking:
Statistics relative to, in each State, in school years 1929-30 and
1930-31, and summary each year since 1919
168, 169
Savings banks in principal countries of the world:
Statistics relative to, as of various dates
169, 170
Assets of leading foreign banks of issue:
Statistics relative to, on or about June 30, 1931
171
Expenses of the Currency Bureau:
Summary of, in the fiscal year ended June 30, 1931—
172
(See contents of appendix, pages vii to xi.)




CONTENTS

VII

APPENDIX
TABLES

Page
No. 1. Comptrollers and Deputy Comptrollers of the Currency
175
No. 2. Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, October 31, 1931
175-177
No. 3. Number of national banks organized since February 25, 1863,
number passed out of the system, and number in existence
October 31, 1931
177
No. 4. Authorized capital stock of national banks on the 1st day of each
month from January, 1926, to November 1, 1931, bonds on
deposit to secure circulation, circulation secured by bonds,
lawful money on deposit to redeem circulation, and nationalbank notes outstanding
178, 179
No. 5. National banks reported in liquidation from November 1, 1930,
to October 31, 1931, the names (where known) of succeeding
banks in cases of succession, with date of liquidation and
capital
179-187
No. 6. Capital stock, surplus, undivided profits, and aggregate resources
of banks consolidated under act of November 7, 1918, as
amended February 25, 1927, for the year ended October 31,
1931, as shown by their last reports prior to consolidation. __ 188-191
No. 7. National banks consolidated under act of November 7, 1918, their
capital, surplus, undivided profits, and aggregate resources,
year ended October 31, 1931
192
No. 8. State banks and national banks consolidated under act of February 25, 1927, their consolidated capital, surplus, undivided
profits, and aggregate resources, year ended October 31, 1931 193, 194
No. 9. Number and capital of State banks converted into national
banking associations in each State and Territory from 1863 to
October 31, 1931
195
No. 10. Conversions of State banks and primary organizations as national
banks from March 14, 1900, to October 31, 1931
195
No. 11. Number of national banks increasing their capital, together with
the amount of increase monthly for years ended October 31,
since 1926
196
No. 12. Number and authorized capital of national banks chartered and
the number and capital stock of banks closed in each year ended
October 31, since 1913, with yearly increase or decrease
196
No. 13. Total number of national banks organized, consolidated under act
of November 7, 1918, insolvent, in voluntary liquidation, and
in existence on October 31, 1931
197
No. 14. Changes of corporate title of national banks, year ended October
31, 1931
198
No. 15. Changes of corporate title incident to consolidations of national
banks, and of State banks with national banks, year ended
October 31, 1931
199
No. 16. National banks chartered during year ended October 31, 1931. 200-202
No. 17. National banks chartered which are conversions of State banks
during year ended October 31, 1931
202
No. 18. National banks, by States and geographical divisions, organized,
failed, and reported in voluntary liquidation during year ended
October 31, 1931
203,204
No. 19. Number and classification of national banks chartered monthly
during year ended October 31, 1931
204
No. 20. Principal items of resources and liabilities of national banks classified according to capital stock, December 31, 1930
205-212
No. 21. United States bonds on deposit to secure circulating notes of
national banks in years ended October 31, 1900 to 1931
213
No. 22. Profit on national-bank circulation, based upon deposit of $100,000
United States consols of 1930, etc., a t the average net price,
monthly, during year ended October 31, 1931
214, 215




CONTENTS
Page

No. 23. Investment value of United States bonds—Panama Canal bonds
and 2's of 1930
216
No. 24. United States bonds (circulation)—monthly range of prices in
New York, November, 1930, to October, 1931, inclusive
216, 217
No. 25. Number, capital stock, and circulation outstanding of national
banks issuing circulating notes, together with number and
capital stock of national banks not issuing circulating notes,
June 30, 1931, by reserve cities and States
217-219
No. 26. National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on October 31, each year, 1920 to
1931
220,221
No. 27. National-bank currency issued to banks monthly from November
1, 1930, to October 31, 1931, and since 1863.
222
No. 28. National-bank notes received monthly for redemption during
year ended October 31, 1931
__.
... 222
No. 29. National-bank notes received at currency bureau and destroyed
yearly since establishment of system
223
No. 30. National-bank notes issued and destroyed, etc., account of active,
insolvent, and liquidated banks, years ended October 31,1914 to
1931
223
No. 31. Amount, denomination, and cost of national-bank currency received from Bureau of Engraving and Printing, year ended
October 31, 1931.-.
224
No. 32. Vault account of currency received and issued by Currency bureau
during year and amount on hand October 31, 1931
224
No. 33. Vault account of currency received and destroyed during year
ended October 31, 1931
224
No. 34. Amount of currency received for redemption, by months, from
July 1, 1930, to June 30, 1931, and counted into the cash of the
National Bank Redemption Agency
225
No. 35. Amount of currency received by National Bank Redemption
Agency for redemption in year ended June 30, 1931, from
principal cities
225
No. 36. Cost of redemption of national-bank notes during year ended
June 30, 1931
226
No. 37. Classification of Federal reserve currency redemptions, amount
redeemed, number of notes, cost of redemption per 1,000 notes,
and amount assessed upon Federal reserve banks, year ended
June 30, 1931
226
No. 38. Taxes assessed on national-bank circulation, years ended June 30,
1864 to 1931; cost of redemption, 1874 to 1930; and assessments
cost of plates, etc., 1883 to 1931
227
No. 39. Federal reserve notes outstanding according to weekly statements
•
(amount issued by Federal reserve agents to Federal reserve
banks, less notes redeemed), and collateral security therefor,
from November 5, 1930, to October 28, 1931
228
No. 40. Federal reserve notes, segregated by series, printed, shipped, and
canceled, issued to banks, retired, and destroyed since organization of the banks, with balance in vaults and amount outstanding October 31, 1931
229-231
No. 41. Aggregate amount of Federal reserve bank notes printed, issued,
canceled, and redeemed, by denominations, since the inauguration of the Federal reserve system, and amount on hand and
outstanding October 31, 1931
.
_._ 231
No. 42. National banks in charge of receivers during year ended October
31, 1931, capital at date of organization, capital and deposits
at date of failure, causes of failure, dividends paid while solvent,
and circulation outstanding, etc
232-253
No. 43. National banks in charge of receivers during year ended October
31, 1931, dates of organization, appointment of receivers, and
final closing, with nominal amounts of total assets at date of
failure and additional assets acquired subsequent thereto, capital stock and stock assessments, amounts collected from all
sources including offsets allowed together with the disposition
of such collections, and various other data indicating the progress
or results of liquidation to October 31,1931.
254-301



CONTENTS

IX
Page

No. 44. National banks restored to solvency after having been placed in
charge of receivers
302, 303
No. 44a. National banks restored to solvency which subsequently became
insolvent
303
No. 45. Dividends paid to creditors of insolvent national banks during
year ended October 31, 1931
303-309
No. 46. National banks placed in charge of receivers, dates of organization, appointment of receivers, and final closing, with apparent
cause of failure, amounts of total nominal assets and capital
stock, circulation outstanding, and total deposits at date of
failure, together with various data indicating the results or progress of liquidation thereof, from April 14, 1865, to October 31,
1930, arranged chronologically
311-471
No. 46a. National banks placed in charge of receivers the affairs of which
have been closed, amounts of total nominal assets and capital
stock, circulation outstanding, and total deposits at date of
failure, together with various data indicating the results
of liquidation thereof, from April 14, 1865, to October 31,1931,
summary by years
472-475
No. 47. National banks placed in charge of receivers, dates of organization, appointment of receivers, and final closing, with apparent
cause of failure, amounts of total nominal assets and capital
stock, circulation outstanding, and total deposits at date of
failure, together with various data indicating the results or
progress of liquidation thereof, from April 14, 1865, to October
31, 1930, arranged by States
477-621
No. 47a. National banks placed in charge of receivers the affairs of which
have been closed, amounts of total nominal assets, and capital
stock, circulation outstanding, and total deposits at date of
failure, together with various data indicating the results
of liquidation thereof, from April 14,1865, to October 31,1931,
summary by States
622-625
No. 48. Dates of reports of condition of national banks from 1914 to 1931 __ 626
No. 49. Condition of foreign branches of National City Bank and Chase
National Bank, of New York, N. Y., and First National Bank
of Boston, Mass., on June 30, 1931
627-632
No. 50. Number, capital stock paid in, circulation outstanding, and aggregate resources of national banks at date of each report from
February 21, 1921, to September 29, 1931, money in the United
States, June 30, each year, etc
633
No. 51. Abstract of reports of condition of national banks in the central
reserve cities of New York and Chicago, in other reserve cities,
and elsewhere, September 29, 1931
634
No. 52. Abstract of reports of condition of national banks in central reserve
and other reserve cities and country banks at date of each call
during year ended October 31, 1931
635-638
No. 53. Classification of amounts'' due from " and'' due to " banks reported
by nationalfranks,according to reserve cities and States, at date
of each call during year ended October 31, 1931
639-653
No. 54. Classification of demand and time deposits in national banks,
according to reserve cities and States, at date of each call during
year ended October 31, 1931
654-669
No. 55. Classification of bills payable and rediscounts of national banks,
according to reserve cities and States, at date of each call during
year ended October 31, 1931
670-680
No. 56. Classification of cash in vaults of national banks, according to
reserve cities and States, at date of each call during year ended
October 31, 1931
681-684
No. 57. Gold and silver coin, certificates, legal tenders, and other currency
held by national banks at date of each call from March 10, 1922,
to September 29,1931
685
No. 58. Gold, etc., held by national banks in the central reserve city of New
York at date of each call from March 10,1922, to September 29,
1931
686
No. 59. Reserve computation of national banks according to reserve cities
and States, at date of each call during year ended October 31,
1931
687-702



X

CONTENTS
Page

No. 60. Abstract of reports of condition of national banks, at date of each
call from February, 1920, to September, 1931
----703-714
No. 61. Abstract of reports of condition of national banks, according to
reserve cities and States, at date of each call during year ended
October 31, 1931---.
------715-829
No. 62. Abstract of reports of condition of national banks in each Federal
reserve district at date of each call during year ended October 31,
1931
830-837
No. 63. Loans and discounts of national banks, according to reserve cities
and States, December 31, 1930, March 25 and September 29,
1931
--838-849
No. 64. United States Government securities owned by national banks,
according to reserve cities and States, December 31, 1930,
March 25 and September 29, 1931
-850-855
No. 65.. Classification of investments of national banks, according to
reserve cities and States, December 31, 1930, March 25 and
September 29, 1.931
856-867
No. 66. Classification of investments in living and court trust accounts
under administration by the active national-bank trust departments, segregated according to capital of banks and population
of places in which national banks were located on June 30,1931. 868, 869
No. 67. Principal items of resources and liabilities of national banks according to counties in each State, by Federal reserve districts,
March 25, 1931
-- 871-935
No. 68. Abstract of reports of earnings, expenses, and dividends of national banks, according to reserve cities and States, for the six
months ended December 31, 1930
936-945
No. 69. Abstract of reports of earnings, expenses, and dividends of national banks, by Federal reserve districts, for the six months
ended December 31, 1930
_ 946,947
No. 70. Abstract of reports of earnings, expenses, and dividends of national
banks, according to reserve cities and States, for the six months
ended June 30, 1931
948-957
No. 71. Abstract of reports of earnings, expenses, and dividends of national banks, by Federal reserve districts, for the six months
ended June 30, 1931
958,959
No. 72. Abstract of reports of savings and State banks in the District of
Columbia at date of each call during year ended October 31,
1931
960
No. 73. Abstract of reports of loan and trust companies in the District of
Columbia at date of each call during year ended October 31,
1931__
960
No. 74. Principal items of resources and liabilities of each savings and
State bank in the District of Columbia, September 29, 1931. 961, 962
No. 75. Principal items of resources and liabilities of each loan and trust
company in the District of Columbia, September 29, 1931
963
No. 76. Principal items of resources and liabilities of savings and State
banks in the District of Columbia on or about .October 1, 1914
to 1931
964
No. 77. Principal items of resources and liabilities of loan and trust companies in the District of Columiba on or about October 1, 1914
to 1931
_- 964
No. 78. Indiyidual statements of resources and liabilities of the 24 building and loan associations in the District of Columbia, June 30,
1931
965, 966
No. 79. Summary of resources and liabilities, receipts and disbursements
of building and loan associations in the District of Columbia for
the six months ended December 31, 1930..
967
No. 80. Summary of resources and liabilities, receipts and disbursements
of building and loan associations in the District of Columbia 968
for the six months ended June 30, 1931
No. 81. Abstract, by States, of resources and liabilities of State (commercial) banks June 30, 1931
969-977
No. 82. Abstract, by States, of resources and liabilities of loan and trust
companies June 30, 1931
978-985
No. 83. Abstract, by States, of resources and liabilities of stock savings
banks June 30, 1931
986-989



CONTENTS

XI
Page

No. 84. Abstract, by States, of resources and liabilities of mutual savings
banks June 30, 1931
990-993
No. 85. Abstract, by States, of resources and liabilities of private banks
June 30, 1931
994-997
No. 86. Abstract, by States, of resources and liabilities of all reporting
banks other than national June 30, 1931
998-1005
No. 87. Abstract, by States, of resources and liabilities of national banks
June 30, 1931
1006-1013
No. 88. Aggregate resources and liabilites of State (commercial) banks.
June, 1927 to 1931
1014
No. 89. Aggregate resources and liabilities of loan and trust companies,
June, 1927 to 1931
1014, 1015
No. 90. Aggregate resources and liabilities of stock savings banks, June,
1927 to 1931
1015
No. 91. Aggregate resource and liabilties of mutual savings banks,
June, 1927 to 1931
1016
No. 92. Aggregate resources and liabilities of private banks, June, 1927
to 1931
1017
No. 93. Gold, silver, etc., held by banks other than national, June, 1914
to 1931
1017
No. 94. Abstract of resources and liabilities of all reporting State and
private banks on or about June 30, each year, 1834 to 193L 1018-1020
No. 95. Abstract of resources and liabilities of all reporting national
banks on or about June 30, each year, 1863 to 1931
1021, 1022
No. 96. Abstract of resources and liabilities of all reporting banks on or
about June 30, each year, 1834 to 1931
1023-1025
No. 97. Statement of resources and liabilities of the chartered banks of
Canada, September 30, 1931
1026
No. 98. Summary of the principal items of resources and liabilities of the
chartered banks of Canada, monthly, year ended September
30, 1931
1026
No. 99. Comparative statement of the transactions of the New York
Clearing House in each year ended September 30, 1854 to
1931
1027, 1028
No. 100. Comparative statement of the clearings, etc., of the New York
Clearing House, years ended September 30, 1931 and 1930___ 1028
No. 101. Exchanges, balances, percentages of balances to exchanges, and
percentages of funds used in settlement of balances by the
New York Clearing House in each year ended September 30,
1893 to 1931
1028, 1029
No. 102. Comparative statement of exchanges of clearing houses of the
United States, years ended September 30,1931 and 1930. 1029-1032
No. 103. Comparative statement of transactions of clearing-house associations in the 12 Federal reserve bank cities, and in other
cities with transactions of $1,000,000,000 and over, in years
ended September 30, 1931 and 1930
1033
No. 104. Bank suspensions, by States, in the six months ended December
31, 1930
1034, 1035
No. 105. Bank suspensions, by States, in the six months ended June 30,
1931
1036, 1037
No. 106. Bank suspensions, by States, in the year ended June 30,1931. 1038, 1039
No. 107. Bank suspensions, years ended June 30, 1864 to 1931
1040, 1041
TABLE I. Statements of resources and liabilities of the individual national banks
(States, Territories, and towns arranged alphabetically) at close of
business December 31, 1931. (Omitted from this report and published as a separate table.)




REPORT
OF THE

COMPTROLLER OF THE CURRENCY
TREASURY DEPARTMENT,
OFFICE OF THE COMPTROLLER OF THE CURRENCY,

WashingtonJ December 7, 1931.
SIR: I have the honor to submit the following annual report in
accordance with the provisions of section 333 of the United States
Revised Statutes, covering activities of the Currency Bureau, in
the year ended October 31, 1931. This is the sixty-ninth report made
to the Congress since the organization of the bureau.
LEGISLATION RECOMMENDED
In my last two annual reports to Congress, and in my appearance in
1930 before the House Committee on Banking and Currency, and in
1931 before the Senate Committee on Banking and Currency, I made
definite recommendations for new banking legislation and set forth the
facts and circumstances upon which those recommendations were
based. The economic developments of the past 12 months have
given no occasion for alteration of the substance of those recommendations, but have rather created a more urgent necessity for the proposed
legislation.
In brief, the purpose of the legislation recommended is to supplement our system of unit banking by permitting the stronger and bettermanaged city banks to carry on banking operations in the surrounding
rural communities by means of branch offices. It may be well to say
again that operation of this type of branch banking would not be
made compulsory upon national banks, but would be a power conferred upon them to be exercised at the discretion of their boards of
directors, upon approval in each instance by the Comptroller of the
Currency. Once this opportunity to engage in branch banking is
granted by Congress to national banks the establishment of the
branches will undoubtedly be a gradual development for the reason
that sound management on the part of the banks will not favor a rapid
expansion of bank operations, nor will the Comptroller of the Currency
be expected to approve the establishment of branches under any other
than a conservative policy. The normal method of acquisition of
branches would be through the voluntary merger or consolidation of
local rural banks with the proposed parent city bank.
The term "trade area/' which I have used to designate the geographical territory into which branches should be extended from
commercial centers in which important national banks may be
situated, will be found to be fully described in my last annual report
to Congress.




2

REPORT OF THE COMPTROLLER OF THE CURRENCY

My report for 1929 contained a comprehensive review and analysis
of our system of independent rural unit banking, in which was disclosed fundamental weaknesses in that type of bank organization.
Attention was directed to the failure of more than 5,000 of these banks
in the 9-year period prior to the stock market decline in the fall
of 1929 and before the initiation of the current economic depression.
I mention this for the reason that there has been a disposition to consider the same type of bank failures for the years 1930 and 1931 as
being attributable to the economic depression, whereas they should be
considered as a continuation of conditions existing for more than a
decade past but accelerated no doubt in 1930 and 1931 by the intensification of the adverse economic conditions confronted by the banks
in the rural districts.
During the period from January 1, 1921, to September 30, 1931,
inclusive, there have been over 8,000 bank failures. Of this number
no less than 4,800 (or 60 per cent) were banks with a capital of $25,000
or less, while the banks in the larger cities having a capital of
$1,000,000 and over contributed only 37 of these suspensions—about
four-tenths of 1 per cent of the total number recorded.
Approximately the same ratios are shown in the figures compiled
for the 12 months ended October 31, 1931, which witnessed the failure
of # 2,342 banks, with aggregate deposits of $2,008,729,000. While
this is the largest number of failures ever recorded in any similar period
the character of the Thanks and the underlying causes of failure are not
fundamentally different from the failures in the years immediately
preceding. With few exceptions the banks in the large cities, which
may be properly classed as metropolitan banks and which hold the
bulk of the deposits in our banking system, have continued to demonstrate their soundness and strength throughout the entire decade
which we have under consideration, including the depression years of
1930 and 1931.
Many country banks, in certain localities which have not been
called upon to face the disastrous runs brought about by the general
public hysteria which has been so prevalent in many sections of the
country, have also managed to weather the economic and psychological storm; however, a comparison of the metropolitan banks with the
small-unit banks shows an overwhelming percentage of failures in the
latter class and clearly indicates that our present banking problem
is one that concerns primarily and fundamentally the rural communities and which can not be automatically solved by the return of
general prosperity.
In order to bring the whole question statistically and graphically to
view a number of charts are presented below.
In these charts comparison has been made between national banks
and banks organized under State laws which are engaged in the
commercial banking business in the same manner as national banks.
All types of strictly savings banks are therefore excluded, as are also
private banking concerns. The comparison has been made in this
manner for the reason that the national banking system was inaugurated as a nation-wide system of commercial banking and remained
for many years in control of the bulk of commercial banking resources. With the State banks are included the trust companies which
are engaged in the commercial banking business. The purpose of these
charts is to illustrate the development of commercial banking under
Federal supervision in contrast with a similar and parallel develop


REPORT OF THE COMPTROLLER OF THE CURRENCY

ment of the same type of banking under the supervision of the
respective State governments, and to indicate, also, the relativelygreater stability of the metropolitan banks of larger capital over the
smaller banks of rural communities, under the stress of adverse
economic conditions.
Number of commercial banks by years, 1868—1931,—The table and
chart following show that the national banking system at its inception
was the chief means of carrying on the commercial banking business,
the State commercial banks having been largely absorbed. However,
by 1865 State banks again began to be organized, and continued
gradually thereafter to increase in numbers until by the year 1894
they had surpassed in number the national banks. From that time
the number of State banks and trust companies doing a commercial
banking business increased much more rapidly than the national
banks, and in 1921 numbered 20,349 as compared with 8,154
national banks. There has been a gradual decrease in the number of
State banks since 1921, and in the number of national banks since
1923, there being 13,728 State banks and 6,805 national banks at the
close of the fiscal year 1931, the State banks then being about twice
the national banks in number.
Numbers of national banks versus State (commercial) banks and loan and trust companies by years, period 1863—1981. Figures given are as of various call dates
but approximately as of June SO for years indicated

Number
of
national
banks

Year

1863
1864
1865
1866
1867.
1868
1869
1870
1871
1872
1873
1874
1875
1876__.
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897

_. .

. .
. . _

. .

_.

_

* Estimated figures,




Number of
State
(commercial) banks
and loan
and trust
companies

66
467
1,294
1,634
1,636
1,640
1,619
1,612
1,723
1,853
1,968
1,983
2,076
2,091
2,078
2,056
2,048
2,076
2,115
2,239
2,417
2,625
2,689
2,809
3,014
3,120
3,239
3,484
3,652
3,759*
3,807
3,770
3,715
3,689
3,610

1,466
1,089
349
297
272
247
259
325
452
566
1277
1368
586
671
631
510
648
650
683
704
788
852
1,015
891
1,471
1,523
1,791
2,250
2,743
3,359
3,807
3,810
4,016
3,968
4,108

Number of
State
Number (commerof
cial) banks
national and loan
banks
and trust
companies

Year

1898
1899
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931

.._

_-_

. .

-

-

-

-

_.
_.

3,582
3,583
3,732
4,165
4,535
4,939
5,331
5,668
6,053
6,429
6,824
6,926
7,145
7,277
7,372
7,473
7,525
7,605
7,579
7,604
7,705
7,785
8,030
8,154
8,249
8,241
8,085
8,072
7,978
7,796
7,691
7,536
7,252
6,805

4,211
4,451
4,659
5,317
5,814
6,493
7,508
8,477
9,604
10,761
12,062
12,398
13,257
14,115
14,791
15,526
16,076
16,262
17,056
17,576
18,265
18,602
19,603
20,349
19,782
19,686
19,100
18,663
18,149
17,337
16,711
16,045
15,146
13,728

REPORT OF THE COMPTROLLER OF THE CURRENCY
OF

r

Mt /

NO MA

jr/tr;TCCOA

tALj

BANKS

OF
3AA//T, AA/D
r

T CO*
/

M TtON AL £

/

' Jpn /as.

er re.1/TJ £ VOEO

/

ire >

f/AT/i 7A/AL

r
r/te/r*

(-

I

I
T
><

-—»—^

1

•

N

ZO.OOO

\

I&OOO

\

fd.OOO

J
8.009
1000
4.000
1.000

-—"
0

Resources oj commercial banks by years, 1868-1981.—The table and

chart following give a graphic comparison of the development of commercial banking resources in the United States under their respective
jurisdictions, national and State. It shows that the State banking
institutions began effectively to engage in commercial banking in
competition with the national banks about 10 years after the inauguration of the national banking system. By 1885, the State banks
controlled about one-fourth of the commercial banking resourcesof
the country. From this date onward there was a gradual relative
increase of commercial banking resources in State institutions. By
1910 they held about 45 per cent of all commercial banking resources,
and 10 years later they held slightly more than 50 per cent. By 1930,
State bank commercial resources exceeded that of the national banks
by $3,800,000,000.
A discussion of the significance of this development of commercial
banking resources under the control of State institutions is contained
in the reports oi the Comptroller of the Currency from 1924 to 1930,
during which time the attention of Congress has been directed repeatedly to the steady loss of control by the Federal Government
over the operations of commercial banking, a field of banking falling
peculiarly under the jurisdiction of Congress by reason of the fact
that practically all commercial banking relates itself to transactions
in commerce between the States.




REPORT OF THE COMPTROLLER OF THE CURRENCY
Resources of national banks vs. State {commercial) banks and loan and trust companies by years, period 1868-1981. Figures given are as of various call dates
but approximately as of June 80th for the years indicated
[In millions of dollars]

Year

1863
1864
1865
1866
1867
1868
1869
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
i Estimated figures.

84644°—32



Resources
of State
Resources (commerof nation- cial) banks
and loan
al banks
and trust
companies
16.8
252.2
1,126. 5
1 476 3
1,494. 5
1 572 1
1,564.1
1,565. 7
1 703 4
1 770 8
1,851.2
1 851 8
1,913 2
1,825. 7
1,774 3
1 770 4
2,019.8
2,035.4
2,325.8
2,344.3
2,364.8
2,282. 5
2,421.8
2,474. 5
2,637. 2
2,731.4
2,937.9
3 061 7
3,113.4
3,493.7
3,213.2
3,422. 0
3 470 5
3,353. 7
3, 563.4

1,185.4
1725.9
1
165.8
1
154 8
1
151.9
1
154 6
1156.0
1201 5
l 259 6
1264 5
178.9
237 4
395 2
405.9
506 9
388 8
427.6
481.8
575.5
633.8
724.5
760.9
802.0
807.0
1,003.9
1,055.4
1,237.3
1,374.6
1,442. 6
1,640.9
1,857.4
1,782.4
1 954 6
1,962. 5
1,981.9

Year

1898._1899 .
1900 _1901
1902 _.
1903
1904__.
1905
1906
1907
1908 1909
1910 1911 -_
1912
1913
1914
1915. _
1916 _
1917 -_
1918_-_
1919 _
1920_-1921
1922. 1923
1924__.
1925
1926- 1927
1928 _
1929
1930
1931

Resources
of State
Resources (commerof nation- cial) banks
al banks and loan
and trust
companies
3,977.6
4,708.8
4,944.1
5,675. 9
6, 008. 7
6, 286. 9
6,655. 9
7,327.8
7, 784. 2
8,476. 5
8,714. 0
9,471. 7
9,896. 6
10,383.0
10,861. 7
11, 036. 9
11,482.1
11, 795. 6
13,926. 8
16,151.0
17,839.5
20,799. 5
22,196.7
19,638.4
20,706.0
21,511. 722, 565. 9
24,350.8
25,315. 6
26, 581. 9
28,508. 2
27,440. 2
29,116. 5
27,642. 6

2,298. 5
2,707.6
3,090.0
3,776. 0
4,292.6
4,790.0
5,244.0
6,056.9
6,636.3
7,190.6
6,898.3
7,407.2
7,911.8
8,412.9
9,005. 2
9,267. 0
9,843.2
10,272. 7
12, 581. 2
14, 699. 5
16,133. 2
19,661. 6
22,329.8
22,380. 2
21,598.3
23,662.1
25,139. 8
27,544. 8
28,784.9
30,559.7
31,521.9
32,979. 5
32,972. 6
29,971.1

6

REPORT OF THE COMPTROLLER OF THE CURRENCY

Number of State and national bank failures by years, 1865-1931.—

The table and chart following give a graphic comparison of failures
in the two systems of banks, national and State, from the inauguration of the national banking system to the close of the year 1931.
The relative resistance of the national system to adverse economic
conditions is indicated, but it should be borne in mind that these failures, particularly since 1920, w e r e confined very largely to small
country banks. As to this particular class of banks the State institutions greatly outnumber the same class of national banks. It
should be observed, however, that the ratio of numbers of State commercial banks to national is 2.24 to one whereas the ratio of failures
of State commercial to national banks is 4.9 to one.
Numbers of national bank failures vs. other bank failures by years, period 1865 to
1931. Other bank figures are given for years ended June 80 and National Bank
figures for years ended October 81

Year

1865
1866
1867...
1868
18691870
18711872
1873
1874
18751876
1877
1878
1879
1880
1881
18821883
1884
1885.
1886
1887- .
1888
1889
1890 1891
1892 - 1893
1894
1895
1896
1897
1898




Number of Number of
national
bank fail- other bank
failures
ures
1
2
7
3
2
0
0
6
U
3
5
9
10
14
8
3
0
3
2
11
4
8
8
8
2
9
25
17
65
21
36
27
38
7

5
5
3
7
6
1
7
10
33
40
14
37
63
70
20
10
9
19
27
54
32
13
19
17
15
30
44
27
261
71
115
78
122
53

Year

1899_._
1900...
1901._.
1902..
1903-.1904
1905-..
1906
1907.-1908
1909.-.
1910
1911--.
1912
1913..
1914
1915
1916--.
1917...
1918
1919
1920 .
1921...
1922.._
1923
1924-__
1925...
1926-.,
1927
1928--.
1929
1930...
1931

Number of Number of
national
bank fail- other bank
failures
ures
12
6
11
2
12
20
22
8
7
24
9
6
3
8
6
21
14
13
7
2
1
5
34
31
52
138
98
91
135
61
79
104
369

26
32
56
43
26
102
57
37
34
132
60
28
56
55
40
96
110
41
35
25
42
44
330
364
237
777
440
496
689
413
480
558
1,324

REPORT OF THE COMPTROLLER OF THE CURRENCY
NUMBERS

c//.i/tr
AfUA 43£i
A/A? VOA//

A/a

3

?s a r

J27S
OTA f£/f A

iJV/C

/200
'A/LU

er y EASJL
L ~* Z£AA
"//£#

f/OO
Q£_£L_

/Si

OCTt IO£J5L

- --, *£AX S £M O£D




Sf J 93/

//2S

-&—

fOSO

•j-

*£ JO
$75
300
8ZS
750
675
600

Ml
y
1

a

\A

Ai

I
AA (
J\ —
V
—
'

1 1I 1

'I

525
4S0
3/5
300

1

/5O
75
0

8

REPORT OF THE COMPTROLLER OF THE CURRENCY

Resources of failed banks, State and national, 1865-1981 .—It will be

observed from the table and chart next following, that, with exception of the panic of 1893 and that of 1907, banking resources tied
up in insolvent banks prior to 1920 were relatively small. The chief
question of banking failures, therefore, falls within the post-war period,
and is particularly emphasized for the year 1931 as to aggregate
volume of banking resources, the failures for that year affecting
$500,000,000 of national-bank resources and $1,500,000,000 of Statebank resources.
Resources of national-bank failures versus other bank failures by years, period
1865 to 1981. Other bank figures are given for years ended June 30 and national*
bank figures for years ended October 81
[In millions of dollars]
Resources of Resources of
nationalother bank
bank
failures
failures

Year

1865
1866
1867
1868
1869
1870
1871
1872
1873- _ _
1874
1875- - 1876
18771878
1879
1880
1881
1882 .
1883
1884
18851886
1887
1888
18891890
1891
1892
1893
1894
1895
189618971898

0.1
1.8
49
.5

0.2
1.2
0.2
0.2

.7
0

0.1
0.0

0

2.3

5.2
8.8
.6
3.2
2.2
7.3
6.9
2.6
1.0
0
6.0
.9

.

_

2.1
4.6
4.1
9.2
7.3
13.1
26.0
5.1
1.6
0.6
2.8

2.0

_

i Estimated amounts.




i
1899
1900
1901
19021903
1904
1905
1906 1907
1908
1909
1910
1911
1912
19131914.
1915
1916-

_

2.8

7.9
4.7
1.6
6.9
6.9
.8
9.0
15.1
27.6
7.4
12.1
12.0
29.1
4.6

12.9
3.0
1.3
2.9
2.8
1.3
10.7
7.2
2.7
54.8
8.0
11.3
10.2
17.9
4.5

Resources of Resources of
nationalother bank
bank
failures
failures

Year

.-.

2.3
11.6
8.1
.5
6.8
7.7
13.7
2.2
5.4
30.8
3.4
2.6
1.1
5.0
7.6
10.1
15.0
3.4
6.3

1918
3919
1920- - 1921
1922
19231924
1925
1926
1927
1928-19291930
1931- . _

_

2.0
.4
2.5
19.6
15.5
30.0
87.1
55.5
45.8
67.1
32.9
64.4
65.7
543.8

7.8
7.7
6.4
7.3
2.2
24.3
7.0
6.6
13.0
177.1
15.8
14.5

14.0
7.8
6.2
20.6
16.5
10.5
6.8

9.2
18.0
115.7
179.7
179.5
153.5
1185.0
198.4
1122.5
1171.3
1104.3
1111.2
I 210.3
11,300.1

9

REPORT OF THE COMPTROLLER OF THE CURRENCY
SON'S
OOLL A AS
/•SS'O

C/fA/tr A/O 4ft£joc//rc£j
or
A/AT/OAfAL BANK VJ OTHE/t SAA/rt
FA/LUffES

-/•3OO

//2.S

ar reARs PE/HOD /ee>s~/93/
NAT/OAfAL — rEAKS EAtOEO OCTO3E/T
OrHE/T

-fEA/rS

EAtOEO

l/STf——)

J-(/M£JOTH

(*—>J

97s

yoo

tzs-

Szs

rSb

7H0

6?f

67s

let,

600

- JV*
S2S

szr

SSo

37S-

Syf

3oo

Joo

2ZS-

ZZS"

i

7?

ML

I
\

\

IT

X

X

t\ fi^fM
c
0)

V
o

c
q

Ilk

in

i

Bank failures by size oj capital stock, 1921-1931.—It will be observed
from the next chart that the economic depression of the past two years
has caused no relative change in the character of bank failures. It
is still predominantly a small-bank question. Nearly 60 per cent of
the failures for the past 1() years have been of banks of capital of
$25,000 and less; an additional 9 per cent were of capital between
$25,000 and $50,000 but not including $50,000; 1 7 ^ per cent were
of banks of $50,000 capital up to $100,000. In other words, about
86 per cent of all of the bank failures in the United States from 1921
to 1931 were of banks having less than $100,000 capital. During
this period only four-tenths of 1 per cent of the number of failures
were of banks having a capital of $1,000,000 and over.



CHART HO 5
BATIK SUSPENSIONS
DURING ELEVEN YEAR PERIOD* &ZM$5l ITICUJSVIZ
BY SIZE, OF CAPITAL STOCK,

1-3

W

07

CAPITAL
STOCK 07

SOMBER OF SUSFBBSIOHS

HHIIHHHHHHESDHHIHIHHHHiiHHHHHIi

$23,000 * LESS
25,001 - U9,ooo

•d3HI

50.000 - 99,000

TOTAL

SO5PSHSI0H

59-2

o
o
o

9.0
17.5
1-3

100.000 - 199.000

8.2

w

200.000 - 999.000

• •

U.I

Q

1,000.000 A OYSt

• 37

SOT IVAILIBUB




36
3

d
O.U
1.6

o

BEPORT OF THE COMPTROLLER OF THE CURRENCY

11

Other legislation recommended
(a) Under the provisions of section 5202, United States Revised
Statutes, as amended, national banking associations shall not at any
time be indebted or in any way liable in a sum exceeding the amount of
its capital stock at such time actually paid in and remaining undiminished by losses or otherwise, except when said indebtedness has been
incurred in accordance with certain specific provisions of law, including liabilities incurred under the War Finance Corporation,
liabilities incurred under the provisions of the Federal reserve act,
and liabilities incurred under the provisions of section 202, Title H,
of the Federal farm loan act, approved July 17, 1916, as amended.
Accordingly, national banks which have borrowed from correspondents to an amount equal to their unimpaired capital would be legally
barred from participating in the benefits of the loans made by the
National Credit Corporation.
I therefore recommend to Congress that section 5202 as amended
be further amended by adding an additional exception embracing
liabilities created by participation in loans from the National Credit
Corporation, or from any national credit association formulated in
accordance with the plans of the National Credit Corporation, or on
account of direct borrowings by such national banks from such
corporation or associations.
(b) As shown elsewhere in this report, the activities of national
banks in the administration of trust departments have greatly increased.
The examination of the trust departments of national banks has
placed an increasing burden on the examining force. Section 5240,
United States Revised Statutes, authorizes assessments for examination of national banks, and provides in part as follows:
* * * The expense of the examinations herein provided for shall be assessed by the Comptroller of the Currency upon the banks examined in proportion to assets or resources held by the banks upon the dates of examination
of the various banks.

No provision is made in this section for assessment against national
banks of the expense of examination of such trust departments, the
result being that at the present time the assessment for the examination of the commercial departments of national banks is bearing this
expense. The Comptroller is faced with the alternative of either
increasing the rate of assessment against all national banks to take
care of the cost of examination of banks having trust departments or
of asking for an amendment to the law providing for an assessment for
the examination against those banks now operating trust departments. The first method would appear to be unfair to those banks
which do not have trust departments and, accordingly, I am suggesting that Congress amend section 5240, United States Revised Statutes, by giving to the Comptroller of the Currency authority to charge
for the examination of trust departments.
(c) One of the greatest difficulties which confronts the Comptroller
of the Currency in his endeavor to have national banks conduct their
banking operations along proper lines is the character of management
which he finds in some instances in banks under his jurisdiction and
the inability, under present laws, to deal with this management so
as to correct various violations which, if perpetuated, may lead to



12

KEPORT OF THE COMPTROLLER OF THE CURRENCY

disaster to the banks and to their depositors. Examinations, criticisms.
and suggestions have their proper result where the character of
management is such as will lead to correction of the improper practices and conditions, but where the management is such that it will
persist in unsound practices, regardless of the various warnings given,
the only final action left to the Comptroller is a suit for forfeiture of
the charter of the corporation, which course must necessarily bring
about the very result which he is trying to avoid, the closing of the
bank. There should unquestionably be power lodged in a proper
body to require a change in the character of management of a going
national bank where the officers and directors refuse to correct conditions. In my testimony in this connection before the Subcommittee
on Banking and Currency of the United States Senate at the last
session of Congress, I suggested that Congress should confer upon a
board to be composed of the Secretary of the Treasury, the governor
of the Federal Reserve Board and the Comptroller of the Currency,
the power to remove officers or directors of national banking institutions who have persistently violated the law or who continue
unsafe and unsound practices. This recommendation is similar to
that made by several Comptrollers of the Currency in past recommendations to Congress.
(d) The following recommendations, which were contained in my
report to the Seventy-first Congress, are renewed:
1. The enactment of legislation vesting authority in the Comptroller of the
Currency to examine security or investment companies affiliated with national
banking associations. These companies are generally so closely allied with the
national association that it is not always possible to ascertain the true condition
of the national association without knowing the exact condition of its affiliate.
2. To give the comptroller supervision over national banking associations
going into voluntary liquidation.
3. That a law be enacted making it a criminal offense to make, publish, or circulate maliciously, with intent to deceive, any false report concerning any
national bank or any other member of the Federal reserve system, which imputes
insolvency or unsound financial condition, or which may tend to cause a general
withdrawal of deposits from such bank or may otherwise injure the business or
good will of such bank. A bill, satisfactory to the Treasury Department, was
reported by the Banking and Currency Committee of the House of Representatives ab the last session of Congress, but failed of passage.

(e) The following recommendations with respect to the laws of
the District of Columbia are renewed :
1. Authorization to the Comptroller of the Currency to make regulations
governing savings banks and trust companies doing a banking business in the
District of Columbia, and the imposition of a penalty for the enforcement thereof,
such regulations to be limited so that they shall not in any case place restrictioDs
upon such banks which are not placed by law or regulation upon national banks.
2. Prohibition of the use of the word "bank" or the words "trust company"
by any firm, copartnership, company, or corporation doing business in the
District of Columbia and not doing a banking or fiduciary business under the
supervision of the Comptroller of the Currency, and the prohibition of the use of
such words ID the title hereafter granted to, or sought to be utilized by, any firm,
copartnership, company or corporation doing or proposing to do a banking or
fiduciary business in the District of Columbia, except with the approval of the
Comptroller of the Currency.
3. Prohibition of any building and loan association from doing business in the
District of Columbia or maintaining an office in the District of Columbia without
first securing the approval of tbe Comptroller of the Currency, and provision that
any violation of such law shall constitute a penal offense and be punishable in the
same manner as now provided by the act of April 26, 1922, entitled "An act
regulating corporations doing a banking business in the District of Columbia."



REPORT OF THE COMPTROLLER OF THE CURRENCY

13

4. That hereafter no corporation be allowed to do a banking business in the
District of Columbia unless organized in accordance with the provisions of the
act of March 3,1901, as amended, or organized under the national banking act.
5. That any solvent financial institution in the District of Columbia under the
supervision of the Comptroller of the Currency be permitted to go into voluntary
liquidation and be closed by a vote of its shareholders owning two-thirds of its
stock, in a similar manner to the method now prescribed for the voluntary liquidation of national banks. The present law as to District of Columbia banking
corporations is very cumbersome in that it requires a receiver to be appointed by a
court and leads to reluctance by bankers in dissolving institutions in this manner,
due to the fear of public misunderstanding. Thus there are in existence in the
District a number of icstitutions whose business has been absorbed by others but
which have not been completely terminated as to corporate existence.
6. Thafc foreign corporations and corporations organized under the code of the
District of Columbia, doing a banking business in said District, be required within
a reasonable time to be fixed by the Comptroller of the Currency to provide for
double liability on the shares of stock of such corporations in the manner required
by law for national banks.
7i That it be made a penal offense for any person maliciously to make or repeat
to any other person any false statement imputing insolvency or unsound financial
condition of any bank, trust company, or building and loan association in the
District of Columbia or tending to cause a general withdrawal of deposits from
any such institution.
8. That the penal provisions with respect to banking in the District of Columbia be strengthened by providing that the general provisions of section 5208 and
section 5209 of the United States Revised Statutes as amended, and section 22
of the Federal reserve act as amended, be made applicable to the banks in the
District of Columbia which are not members of the Federal reserve system.
ORGANIZATION AND LIQUIDATION OF NATIONAL BANKS

At the close of the current year, October 31, 1931, there were
6,619 national banking associations in existence. This represents a
net loss since October 31, 1930, of 599 banks, or 8.30 per cent, and
$87,735,483 in the authorized capital stock. During the current
year 98 banks increased their capital by the aggregate sum of
$13,652,617. Of this number 12 banks effected the increase by stock
dividends, the amount ofsuch increase being $752,617.
During the entire period of national banking operations, up to
and including October 31, 1931, there have been authorized to begin
business 13,576 national banking associations. Of these, 5,255 have
voluntarily closed, some of which discontinued business; others
merged with other banks, both State and national; and some consolidated with other national-banking associations under authority
of the act of November 7, 1918. Exclusive of banks which failed
but which were subsequently restored to solvency, the loss to the
system throughout this entire period by the liquidation of banks
through receiverships has been 1,702, the number of these receiverships being a fraction more than 12.54 per cent of the total number
of banks organized.
During the year ended October 31, 1931, 308 national banks, with
total capitalization of $59,595,000, went into voluntary liquidation,
of which number 8, with capital of $1,275,000 and resources of
$4,920,000, discontinued business; 165, with^ capital of $29,375,000,
were acquired by other national banks; while 135, with capital of
$28,945,000 and resources of $303,412,927, entered the State banking
systems. This last named group included 8 banks of $500,000
capital or over, with aggregate capital of $18,500,000 and assets of
$190,732,620.



14

REPORT OF THE COMPTROLLER OF THE CURRENCY

November, 1914, marked the inauguration of the operation of the
Federal reserve system. On that date there were in existence 7,578
national banks, with aggregate capital of $1,072,492,175, as compared
with a total capitalization of $1,660,760,146 for the 6,619 national
banks in existence on October 31, 1931, a net decrease of 959 in the
number of banks but an increase in capitalization of $588,267,971.
During this 17-year period 2,924 national banks were chartered, with
aggregate capital of $376,560,300, while 3,883 such associations were
closed voluntarily or otherwise.
During the year ended October 31, 1931, 120 applications to
organize national banks and to convert State banks into national
banking associations were received, with proposed capital stock of
$13,330,000. Of these applications, 71 were approved, with proposed
capital stock of $7,960,000; 24 were rejected, with proposed capital
stock of $1,415,000; and the remainder were abandoned or no action
was taken thereon. Of the 70 banks chartered, 44 were chartered to
take over banks which were in weakened condition, while 7 others
were organized to acquire the assets and assume the liabilities of 8
suspended national banks. Onty 19 of this total number of applications were approved for the primary organization of new national
banking associations.
In this same year 78 national banking associations with capital of
$9,690,000 were authorized to begin business, one of which was
located in the New England States, 18 in the Eastern States, 26 in
the Southern States, 23 in the Middle Western States, 8 in the
Western States, and 2 in the Pacific States. The greatest activity,
as indicated by the number of national banks organized, was evidenced in the following States: Texas, 9; New York, 8; New Jersey,
6; Minnesota, 6; Pennsylvania, 4; Arkansas, 4; and Indiana, 4. In
other States the number ranged from 1 to 3 banks.
It further appears that of the total number of charters issued within
the year ended October 31,1931, 6 with authorized capital of $700,000
and resources aggregating approximately $7,455,330, were the result
of conversions of State banks, 2 with capital of $500,000 were reorganizations, and 70 with capital of $8,490,000 were primary organizations. The business of 71 State banks, with capital of $4,189,600
and assets aggregating approximately $40,846,000, was purchased by
national banks.
During the year ended October 31, 1931, 57 national banking associations were consolidated into 28, under authority of the act of
November 7, 1918, the capital of the consolidated banks being
$8,192,500. In some instances there were reductions in capital and
in others increases, the net result by reason of these consolidations
being a reduction in capital stock of $2,807,500. During the same
period there were 21 consolidations under the act of February 25,
1927, involving the merger of 23 State banks with national banks,
through which additional assets of approximately $388,229,142 were
brought into the national system.
BRANCHES

On February 25, 1927, the date of the passage of the so-called McFadden bill, there were in existence in the national system 372
branches, as compared with a total of 1,184 branches in operation on
October 31, 1931.




15

REPORT OF THE COMPTROLLER OF THE CURRENCY

During the intervening period 1,110 branches have been added to
the system, of which 455 were de novo branches, 307 were branches
of State banks which converted into national associations and 348
were brought into the national system through consolidations of
State with national banks, while 298 branches were relinquished, of
which latter number 155 went out of the system through the liquidation of the parent institutions, and the remainder, 143, were discontinued through consolidations and for various other reasons. The
net result of these operations was a gain for the national system of
812 branches for the period under discussion.
During the year ended October 31, 1931, a net gain of 98 branches
was recorded, 50 de novo branches being established, while 95
branches were brought into the system through the consolidation of
State banks with national banks, a total of 145 branches. Fortyseven branches were lost to the national system, 17 through liquidation of the parent bank and 30 through action of the directors and
shareholders.
There follows a summary of branch-banking operations in the national system during the period discussed in the foregoing:
Table showing number and kind of branches on February 25, 1927, and number and
manner of acquisition of additional branches of national banks by years to close
of October 31, 1931
Authorized

Closed
In

Conver- Consoli- Local
Involun- Volun- Lapsed existor
dations
tary
tary
sions
ence
city
of State of State branches Total liquida- liquida- consolidated
tions
banks
tions
banks
On Feb. 25,1927
Period ended Oct. 31,1927Year ended Oct. 31,1928. _.
Year ended Oct. 31,1929...
Year ended Oct. 31,1930....

Year ended Oct. 31,1931.
Total

165
296
8
2
1
472

104
62
82
5
95

207
127
103
89
86
50

372
527
173
173
92
145

348

662

1, 482

15

20
86
32
2

60
18
35
30

372
899
992
1,061
1,086
1,184

15

140

143

1,184

Table showing number and kind of branches authorized and closed during the year
ended October 31, 1931

Classes

In
operation
Feb.
26,
1927

In
existence
Oct.
31,
1930

(a
f 425
} 166 I 227
Statutory^
202
127
Additional offices, c branches.
Millspaw Act.
5
6
302
C branches
Total.-.>.
372
1,086




Closed during the year ended
AuOct. 31, 1931
thorTotal
ized
in
during
existence
year
Volun- Oct.
ended Share Directary
Insol31,
Oct. holdliquitors Lapsed vent
31,
ers
dation 1931
1931

96

4

1

15

2

1,184

11

3
60

145

424
321
112
5
322

1
1
26
2

28

„

1

16

REPORT OF THE COMPTROLLER OF THE CURRENCY

Table showing number and manner of acquisition of domestic branches of national
banks during the year ended October 31, 1931
Branches authorized during
the year ended Oct. 31,1931

Charter No.

Title and location

13044

Bank of America National Trust and Savings Association, San
Francisco
...

Under
act Feb.
25,1927

By conversion
or by
consolidation
under
act Feb.
25,1927

76

GEORGIA

9617

The Fulton National Bank of Atlanta

3285

The Fletcher American National Bank of Indianapolis..
The Old National Bank of Fort Wayne

INDIANA

KENTUCKY

906 First National Bank and Trust Company of Lexington..
MASSACHUSETTS
11903

Boston-Continental National Bank, Boston

10527
4446

First National Bank in Detroit
First National Trust and Savings Bank of Port Huron. _.

2527
1209
9339
12570
810

The Atlantic City National Bank, Atlantic City
__
_
First Camden National Bank and Trust Company, Camden
The First National Bank and Trust Company of Montclair
Lincoln National Bank of Newark
_
The Second National Bank of Paterson
_

8194
13193
12892
12900
1461

The Mariner Harbor National Bank, Mariner Harbor. _
The Bank of America National Association, New York.
Lafayette National Bank of Brooklyn in New York
The National Bronx Bank of New York
The National City Bank of New York
_

MICHIGAN

NEW JERSEY

NEW YORK

OHIO
32
5065
2604

The Second National Bank of Cincinnati-The Ohio National Bank of Columbus
The Winters National Bank and Trust Company of Dayton

10

PENNSYLVANIA
247
13180
252

The First National Bank of Altoona
City National Bank & Trust Company of Philadelphia. _
First National Bank at Pittsburgh
SOUTH CAROLINA

1848

First National Bank of Spartanburg

._

TENNESSEE
2049

The East Tennessee National Bank of Knoxville
The American National Bank of Nashville

5550

Bishop First National Bank of Honolulu

TERRITORY OF HAW An

Total (28 banks)



50

95

Total
number

BEPOBT OF THE COMPTEOLLEK OP THE CTJEBENCY

17

Table shewing number and class of domestic branches of national banks closed
during the year ended October 81, 1981
Branches closed
Branches under act
of Feb. 25, 1927
Charter
No.

Title and location

Manner of closing

3728

The First National Bank of Ari- Board of directors..
zona at Phoenix.

7632

The United States National Bank
of Los Angeles.

1559

State
bank
branches
in operation
Additional Branches Feb. 25, Total
1927.
offices
authorwhich
ized
which
were consince
became
branches Feb. 25, verted
or con1927
Feb. 25,
solidated
1927

The First National Bank of At- Board of directors.
lanta.

Receiver-

KENTUCKY

The First National Bank of Louis-doville.
6312 The National Bank of Kentucky Receiver .
of Louisville.
109

MASSACHUSETTS

The First National Bank of Bos- Board of directors..
ton.
7595 Worcester County National Bank
do
of Worcester.
200

MICHIGAN

12387

The Merchants & Miners Nation- Shareholders.
al Bank of Ironwood.
NEW JERSEY

Hudson County National Bank, Board of directors.
Jersey City.
12524 The Perth Amboy National Bank,
do
Perth Amboy.
1327 The First-Mechanics National
do
Bank of Trenton.
do
9867 The National Bank of North Hudson at Union City.
1182

N E W YORK

9271
13193
13292
2370
1461
11034
12398
12252
13045
653

i.

II
1

The National Bank of Far Rockado.,..
way.
_i!
The Bank of America National
do
Association, New York.
The Brooklyn National Bank of
do
1
New York.
1
The Chase National Bank of the
do
City of New York.
!
The National City Bank of New
do
York.
The Public National Bank and
do
Trust Company of New York.
The Queensboro National Bank of Receiver
the City of New York.
The Rockaway Beach National . — . d o
__!
Bank of New York.
i
The Seward National Bank and
Trust Company of New York. Voluntary liquidation.
The First National Bank and
Board of directors
Trust Company of Yonkers.




3

18

REPORT OF THE COMPTROLLER OF THE CURRENCY

Table showing number and class of domestic branches of national banks
during the year ended October 31, 1981—Continued
Branches closed
Branches under act
of Feb. 25,1927
Charter
No.

Title and location

State
bank
branches
in operAddiation
tional Branches Feb. 25, Total
offices author1927.
which
ized
which
became
since were conbranches Feb. 25, verted
Feb. 25,
1927
or con1927
solidated

Manner of closing

NOETH CAROLINA

4292

The Peoples National Bank of
Winston, Winston-Salem.

Receiver.—

1

_

1

1

1

OHIO

11862

Engineers National
Cleveland.

Bank of

PENNSYLVANIA

Voluntary liquidationReceiver

1

2781 The Second National Bank of Al-

1

toona.
Board of directors
Central-Penn National Bank of
Philadelphia.
12573 Overbrook National Bank of Phil- Receiver
adelphia.

1
1
1

1

1

1
3

723

1

1

SOUTH CAROLINA

10708

The Atlantic National Bank of
Charleston.

Board of directors

.

TENNESSEE

Holston-Union National Bank of
Knoxville.
3032 The American National Bank of
Nashville.
4648

Receiver
Board of directors

3

VIRGINIA

3917

The Peoples National Bank of
Leesburg.
Total (31 banks)




1

Shareholders
15

30

1

2

47

BEPOBT OF THE COMPTROLLER OF THE CURRENCY

19

NATIONAL BANKS IN THE TRUST FIELD

Substantial and steady^ progress marked the activities of national
banks throughout the United States in the administration of trusts in
1931. The statistics for this function compiled as of June 30, 1931,
revealed that 2,407 national banks had authority to exercise trust
powers, with a combined capital of $1,349,393,246 and banking resources of $22,618,549,942, representing 35 per cent of the number,
80 per cent of the capital, and 82 per cent of the resources of all banks
in the national banking system.
Trust departments had been established by 1,856 of these banks and
102,987 trusts were being administered with individual trust assets
aggregating $5,241,991,392. Seven hundred and eighty-two of these
banks were also acting as trustees for bond and note issues aggregating $10,719,846,426.
The growing popularity with the American public of the corporate
fiduciary in the settlement of estates and the administration of trusts
is illustrated by the fact that compared with June 30,1930, the survey
revealed a net increase of 11,564, or 12.6 per cent more trusts under
administration in 1931 than in 1930, while the individual trust assets
under administration increased $768,950,466, o r l 7 per cent over 1930.
The continued growth of the fiduciary activities of the banks in the
national banking system and the increasing popularity of this important branch of banking service are even more impressive when comparisons are made with the activities of national banks in this field
just five years ago. In June, 1926, national banks numbering 2,026
had authority to exercise trust powers with 1,104 actively engaged in
administering trusts. These banks were then acting in a fiduciary
capacity for 26,053 trusts with individual trust assets of $922,328,677
and were acting as trustees for bond and note issues of $2,463,553,316.
The figures compiled as of June 30, 1931, represent for the 5-year
period, an increase in the number of national banks authorized to
administer trusts of 381, or 18.8 per cent; an increase in the number of
banks operating trust departments of 752, or 68.1 per cent; an increase
in the number of trusts being administered of 76,934, or 295.3 per
cent; an increase in individual trust assets of $4,319,662,715, or 468.3
per cent; and an increase in the volume of bond and note issues outstanding for which these banks were acting as trustees of $8,256,110,
or 335.1 per cent.
That the growth in earnings from trust department operations has
kept pace with the increased volume of trust assets which have been
intrusted to the administration of the banks in the national banking
system is revealed by the fact that during the fiscal year ended June
30, 1931, gross earnings aggregating $26,888,0p0 were reported as
against $22,765,000 in 1930, representing a gain of $3,923,000, or
17.2 per cent, over 1930, and an increase of $18,433,000, or 223.3 per
cent, over 1926.
The impressive indorsement of the corporate fiduciary as the conservator and administrator by the insuring public of policy proceeds
is revealed by the substantial growth in the number of institutions,
and the volume of insurance trusts created during the past fiscal year,
at the end of which 213 national banks were acting as trustees under
554 agreements involving the administration of $21,667,964 in proceeds
from insurance policies, while 764 national banks had be named as
oeen



20

REPORT OF THE COMPTROLLER OF THE CURRENCY

trustees under 17,656 insurance trust agreements not operative supported by insurance policies with a face value aggregating $734,830,790. Compared with 1930, thesefiguresrepresented an increase
of 39 per cent in the number of national banks administering insurance
trusts; an increase of 39.9 per cent in the number and 60.5 per cent
in the volume of insurance trust assets under administration.
The number of national banks which had been named trustees
under insurance trust agreements supported by insurance policies not
yet matured and operative increased during the year 12.3 per cent;
the number of insurance trust agreements not operative naming national banks trustees increased 30.3 per cent, while the volume of insurance represented by the face value of the policies trusteed tinder
those agreements increased 25.2 per cent over 1930.
On June 30, 1931, 262 branches of national banks were actively
engaged in the administration of 15,224 trusts, with individual trust
assets aggregating $1,015,325,865, and were acting as trustees for bond
and note issues outstanding amounting to $492,059,561.
The following tables show in detail the activities of national banks
in the trustfield,segregated, first, according to the capital of the bank;
second, according to the population of the place in which the bank is
located; third, according to Federal reserve districts, with a supplemental table showing the extent to which the branches of national
banks are furnishing trust service to the communities in which they
are operating.




Fiduciary activities of national banks during year ended June 80, 1931, segregated according to capital
Banks
with
capital
of $25,000

o

I

Number of national banks with trust powers but not administering trusts.
Number of national banks with trust powers administering trusts..._._

Banks
w i t h capital over
$25,000 to
$50,000

Banks with
capital over
$50,000 to
$100,000

192
465

Banks w i t h
capital over
$100,000 to
$200,000

Banks with
capital over
$200,000 to
$500,000

47
422

Banks with
capital over
$500,000

Total

551
1,856

H3

Total number of national banks authorized to exercise fiduciary
284
2,407
673
469
powers. _„
~
657
251
73
Total resources of banking departments of national banks authorized to
exercise fiduciary powers
_
$32,536,179 $202, 925,573 $1,139,735,752 $1,940, 527,053 $2,802,720, 614 $16,500,104,771 $22, 618,549,942

h3

Investments
Deposits in savings banks.
Deposits in other banks
Deposits in own bank.».__
Other assets
___

100
573

TEUST ASSETS

250

189,425
30,708
1,583
85,123
21,489

4,473,327
111, 989
12,334
1,100,164
447,364

41,269,289
1,131,792
126,276
5,016,687
3,783,403

150,431,627
1,662,783
530,327
8,450,244
7,449,508

482, 719,083
3,104,827
2,538,854
17,840,840
31,639,169

4,095,048? 035
6,234,770
5,693,339
178,224,708
192,622,325

4,774,130,786
12,276,869
8,902,713
210,717,766
235,963,258

328,328

Total..

6,145,178

51,327,447

168,524,489

537,842,773

4,477,823,177

63,452
264,876

2,484,196
3,660,982

23,671,291
27,656,156

93,645,927
74,878,562

348,679,034
189,163, 739

3,464,160,131
1,013,603,046

6,145,178

51,327,447

168,524,489

537,842,773

4,477,823,177

5,241,991,392

$130,337
6
21
2
11
73
84
2
86
$11,726
$3,909
1
1
$ ,
$37,788
$37,788
$

$2,100,824
64
91
21
187
570
757
44
801
$52,078
$8,118
1
1

$32,562,414
293
377
114
1,626
3,562
5,188
421
5,609
$110,382

$71,432,443
434
519
209
6,664
9,455
15,119
727
15,846
$294,109
$11,147
39
47
$56,545
$46,920
197

fed

3,932,704,031
1,309,287,361

328,328

W

5,241,991,392

LIABILITIES

Private trusts.
_.
Court trusts
.
Total..
Total volume of bond issues outstanding for which banks are acting as
trustee
Number national banks administering private trusts___._„_._.„_..___„_.
Number national banks administering court trusts
Number of national banks administering corporate trusts
_..
Number of living trusts being administered
Number of court trusts being administered
__.
Total number of individual trusts being administered
__
_
_.
Number of corporate trusts being administered
_.
Total number of trusts being administered
__
_
Average volume of individual trust assets in each bank
.
Average volume of trust assets in each individual trust
Number of national banks administering insurance trusts
Number of insurance trusts being administered..Average volume of insurance trust assets in each bank
_>
Average volume of insurance trust assets in each trust
Number of national banks holding insurance trust agreements not operative.




118

Q

o

O
J-3

10
$18,373
$16,636
84

$210, 756,135 $10,402,864,273 '$10,719,846,426
237 |
368
1,402
240
1,639
391
200
782
236
28,806
45,484
9,190
21,659
46,958
11,639
50,465
92,442
20,829
7,728
10,545
1,623
102,987
22,452
$2,824,349
$17, 911,293
$1,274,508
$25,822
$88,731
103
60
213
127
368
554
$144,144
$101,727
$73,545
$40,345
$39,112
$34,745
220
255
764

W

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to

Fiduciary activities of national banks during year ended June 80, 1981, segregated according to capital—Continued
Banks
with
capital
of $25,000
Number of insurance trust agreements not operative
_
_.
Face value of policies held under above agreements
_
Average number of insurance trust agreements not operative held by each
bank..
Average volume of insurance policies held by each bank under trust agreements not operative
_
Average volume of insurance policies per trust held under agreements not
operative
_
Average gross earnings per trust for fiscal year ended June 30,1931
Average gross earnings per trust department reporting trust earnings for
fiscal year ended June 30,1931..
_
Number of banks reporting amounts spent annually for trust advertising..
Average amount spent annually by each reporting bank for trust advertising
_
Number of banks employing full-time trust solicitors
_
__
Number of banks employing part-time trust solicitors
_




Banks
with capital over
$25,000 to
$50,000
28
$651,018

Banks with
capital over
$50,000 to
$100,000
697
$6,590,872

Banks with
capital over
$100,000 to
$200,000

Banks with
capital over
$200,000 to
$500,000

1,036
$104,608,998

Banks with
capital over
$500,000

Total

13,036
$590,536,079

17,656
$734,830,790

§

4

$10

5

11

$78,463

$164,689

$410,231

$2,684,255

$961,820

$23,251
$55
$188
1

8

$81,377

$9,456

$31,316

$36,589
$103

$45,300
$426

$41,619
$278

$596
17

$1,100
111

$2,153
193

$6,024
166

$101,597
135

$18,415
623

o

$131
2
17

$289
2
41

$529
14
26

60
121

ft)

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O

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;S
fed

c

Fiduciary activities of national hanks during year ended June 30, 1931, segregated according to population of places in which banks are located
Places with
population
less than 1,000
Number of national banks with trust powers but not administering trusts
Number of national banks with trust powers administering trusts

-.

Total number of national banks authorized to exercisefiduciarypowers, „
Total resources of banking departments of national banks authorized to exercise
fiduciary powers .

44
48

1,000 to 2,499

104
160

2,500 to 4,999

98
254

5,000 to 9,999

103
313

10,000 to 24,999

101
429

25,000 to 49,999

29
227

92

264

352

416

530

256

$60,657,671

$304,718,575

$563,188,930

$858,756,436

$1,773,266,208

$1,269,606,230

1,713,612
17,513
16,974
170,945
8,813

10,569,823
90,792
53,271
1,322,041
300, 701

29,527, 994
160,573
110,409
2,750,563
1.031,985

57,777,982
1,130,350
268,044
4,709, 780
2,553, 916

167,835,428
1,808,510
876, 962
9,500, 032
13,363,743

215,072,143
1,122,064
461,088
8,549,800
10,658,346

1,927,857

12,336,628

33,581,524

66,440,072

193,384,675

235,863,441

1,277,868
649, 989

4,586,337
7, 750,291

13,636,137
19,945,387

33,236,432
33,203,640

109,675,938
83,708,737

162,614,208
73,249,233

1,927,857

12,336,628

33,581,524

66,440,072

193,384,675

235,863,441

$571,735
28
37
5
260
164
424
11
435
$40,164
$4,547

$3,797,116
98
125
26
625
1,467
2,092
62
2,154
$77,104
$5,897
2
2
$4,286
$4,286

$17,680,749
165
224
58
1,949
3,345
5,294
161
5,455
$132,211
$6,343
9
18
$30,978
$15,489

$23,359,600
213
269
128
2,216
4,988
7,204
364
7,568
$212,269
$9,223
17
20
$16,378
$13,921

$80,492,265
322
380
172
4,538
8,033
12,571
660
13,231
$450, 780
$15,383
15
23
$102,127
$66,605

$78,399,506
199
212
107
4,393
4,970
9,363
913
10,276
$1,039,046
$25,191
44
61
$46,735
$33,710

TRUST ASSETS

Investments
Deposits in savings banks
Deposits in other banks
Deposits in own bank
Other assets
Total

.

. . . .

LIABILITIES

Private trusts
Court trusts
TotaL......

_ _.

_

„

Total volume of bond issues outstanding for which banks are acting as trustee.
Number of national banks administering private trusts
_
Number of national banks administering court trusts
Number of national banks administering corDorate trusts
Number of living trusts being administered .*
Number of court trusts being administered_„
Total number of individual trusts being administered.
Number of corporate trusts being administered
_ _
Total number of trusts being administered
Average volume of individual trust assets in each bank
...
Average volume of trust assets in each individual trust
.
Number of national banks administering insurance trusts.
Number of insurance trusts being administered
Average volume of insurance trust assets in each bank
Average volume of insurance trust assets in each trust....
.
„
,




W
O
O

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1-3

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Fiduciary activities of national banks during year ended June 80,1931, segregated according to 'population of places in which banks are located—

Continued
Places with
population
lessthan 1,000
Number of national banks holding insurance trust agreements not operative..
Number of insurance trust agreements not operative
Face value of policies held under above agreements
___
Average number of insurance trust agreements not operative held by each bank._
Average volume of insurance policies held by each bank under trust agreements
not operative
Average volume of insurance policies per trust held under agreements not
operative
Average gross earnings per trust for fiscal year ended June 30,1931
Average gross earnings per trust department reporting trust earnings for fiscal
year ended June 30,1931
Number of banks reporting amounts spent annually for trust advertising
Average amount spent annually by each reporting bank for trust advertising..
Number of banks employing full-time trust solicitors
Number of banks employing part-time trust solicitors

1,000 to 2,499

5,000 to 9,999

25,000 to 49,999

10,000 to 24,999

11
$145,800

19
53
$679,238

37
136
$3,348,207

83
368
$9,275,065
4

163
1,176
$23,899,871

131
1,427
$48,086,413
11

$35,749

$90,492

$111,748

$146,625

$12,816
$47

$24,619
$39

$25,204
$66

$20,323

$33,698
$104

11
$74

34

$1,081
64
$102

$2,010
98
$255
1
14

$3,074
138
$319
7
22

o

$367,072

$13,255
$35

11
50,000 to 99,999

Number of national banks with trust powers but not administering trusts
Number of national banks with trust powers administering trusts

2,500 to 4,999

fcO
tf

16
152

Total number of national banks authorized to exercise fiduciary powers...
Total resources of banking departments of national banks authorized to exercise
fiduciary powers

100,000 to

250,000 to
499,999

1,000,000 or
over

500,000 to
999,999

18
121

*«•
$554
4
15

o
o

Total
551
1,856

139

85

42

63

2,407

$2,398,444,296

$2,407,305,652

1,732,298,710

$7,748,131,395

$22,618,549,942

338,864,978
1,236,855
900, 790
11, 619, 012
14,545,200

618,260,526
4,204,463
1,498,695
37,659, 709

602,270,403
416,854
1,439,859
12,175,791
39,209,101

482,834,190
1,496,136
1,215,216
15,311,039
70,262,360

2,249,403,707
592,759
2,061,405
127,928,675
46,369,384

4,774,130,786
12,276,869
8,902,713
210,717,766
235,963,258

367,166,835

678, 303,481

655,512,008

571,118,941

2,426,355,930

5,241,991,392

o

w

TRUST ASSETS

Investments...
Deposits in savings banks___
Deposits in other banks
Deposits in own bank
_..
Other assets
Total

„




-

-

tzj

o

Private trusts
_
Court trusts—
_
„
Total
_
_..„
_
Total volume of bond issues outstanding for which banks are acting as trusteeNumber of national banks administering private trusts
*..
Number of national bank3 administering court trusts
„
Number of national banks administering corporate trusts._
Number ofliving trusts being administered
Number of court trusts being administered
___
Total number of individual trusts being administered
_
___
Number of corporate trusts being administered.,
Total number of trusts being administered.
j
Average volume of individual trust assets in each bank...
j
Average volume of trust assets in each individual trust
_
I
Number of national banks administering insurance trusts
.
_J
Number of insurance trusts being administered
Average volume of insurance trust assets in each bank.
_
_
Average volume of insurance trust assets in each trust
Number of national banks holding insurance trust agreements not operative
Number of insurance trust agreements not operative
Face value of policies held under above agreements
Average number of insurance trust agreements not operative held by each bank.
Average volume of insurance policies held by each bank under trust agreements
not operative
„
.__„
Average volume of insurance policies per trust held under agreements not operative.
Average gross earnings per trust forfiscalyear ended June 30,1931
Average gross earnings per trust department reporting trust earnings for fiscal
year ended June 30,1931
_
_
Number of banks reporting amounts spent annually for trust advertising
Average amount spent annually by each reporting bank for trust advertising. _.
Number of banks employing full-time trust solicitors
.
Number of banks employing part-time trust solicitors




217,261,291
149,905,544

479,088,022
199,215,459

547,086,482
108,425,526

447,142,768
123,976,173

1,917,098,548
509,257,382

3,932,704,031
1,309,287,361

571,118,941

2, 426,355,930

5,241,991,392

678,303,481

655,512,008

$160,893,563
128
140
90
4,718
5,441
10,159
702
10,861
$2,415,571
$36,142
30
59
$104,655
$53, 214
107
2,236
$83, 314, 599
21

$222, 573,463
113
115
83
7,213
6,194
13,407
1,212
14,619
$5, 605,813
$50,593
43
93
$71,572
$33,093
100
3,449
$122, 705, ISO
34

$320,342,013
65
62
52
5,222
1,935
7,157
1,627
8,784
$9,500,174
$91,590
29
70
$106,994
$44,326
56
2,828
$104,034,039
51

$778,641

$1,227,052

$1,857,751

$4,357,604

$5,760,057

$961,825

$37,261
$132

$35,577

$36,787
$237

$38,158
$331

$73,918
$824

$41,619
$278

$10,077
76
$1,062
12
16

$21,317
58
$1,640
7
16

$31,987
37
$1,874
12
7

$107,403
14
$5,904
7
4

$348,508
14
$5,045
10

$18,415
623
$838
60
121

367,166,835 |

$968,408,818 $8,843,327,598 $10,719,846,426
28
43
1,402
28
47
1,639
26
35
782
45,484
5,138
9,212
3,312
46,958
7,109
8,450
92,442
16,321
1,282
10,545
3,551
9,732
102,987
19,872
$17,847,467
$47, 575,6C6
$2,824,349
$56,706
$67,588
$148,665
8
16
213
54
154
554
$312,219
$101,727
$356,008
$39,112
764
25
40
17,656
2,855
3,117
$734,830,790
$230,402,302
$108,940,106
23
114
78

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fed

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ft
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Or

Fiduciary activities of national hanks by Federal reserve districts as of June 80, 1931

Federal reserve districts

Boston
New Y o r k . . .
Philadelphia..
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis.,
Kansas City..
Dallas
San Francisco.
Total...

Number
banks exercising
fiduciary
powers

Number
with authority
but not
exercising
powers

Total
number
Capital of
author- banks authorized to ized to exercise
exercise fiduciary powfiduciary
ers
powers
237
370
295
162
175
128
360
143
123
193
100
121

305
267
141
151
91
262
100
67
121
67
95
551

Federal reserve districts

Boston
New Y o r k . . . .
PhiladelphiaCleveland
Richmond^--.
Atlanta
Chicago
St. Louis
Minneapolis..
Kansas City..
Dallas
San Francisco.
Total...




Bond issues outstanding where
banks act as
trustee

$629,143,273
7,642,867,989
118,759,796
186,712,200
88,328,525
108,171,437
957,880, 862
59,277,922
11,044,153
110,855,925
74,250,955
732,553,389
10,719,846,426

2,407

Total banking
resources of
banks authorized to exercise
fiduciary powers

Individual trusts

Living
trusts

$144,922, 531 $2, 228,698,947
444,426, 200 7,334,235,455
101,082,515 1,964,119,807
86,705,000 1,578,922,883
62,894, 500
899,430,203
61,060,000
886,952,837
101,045,000 1,592,550,028
41,227, 500
642,835,903
38,240,000
731,767,831
52,040,000
977,361,486
51,255,000
788,614,053
164, 515, 000 2,993,060, 509
1, 349,413, 246 22, 618, 549,942

Number of Number of Volume of asbanks ad- insurance sets of insurministering trusts being ance trusts unadminisinsurance
der administered
trusts
tration

51
113
92
49

$2,454,430
5,203, 727
4,100,875
2,741, 208

2,923
5,260
7,107
4,500
1,691
1,856
5,915
633
537
745
10,428
45,484

Court
trusts

2,959
7,078
9,009
6,341
3,100
1,770
6,607
1,814
920
1,309
492
5,559
46,958

Number of
banks holding insurance trust
agreements
not operative
84
121
109
78
58

1,058, 590
1,309,151
307,916

213

554

to

' 269; 822
1,997,094
21,667,964

764

Total

5,882
12,338
16,116
10,841
4,791
3,626
12, 522
2,447
1,457
5,198
1,237
15,987
92,442

Number
of corAssets of indi- porate
trusts
vidual trusts
being
administered
$401, 506,148
1,624,112, 527
256,067,235
332,841,776
253,308, 658
146,887, 522
541,088,386
49,931,858
53,352,899
359,854, 299
104,812, 955
1,118, 227,129
5, 241, 991, 392

518
2,301
525
898
255
506
1,356
572
149
993
301
2,171
10,545

Trust deFace value of
Number of insurance poli- partment
insurance cies held under gross earntrust agree- trust agree- ings for fisoal
ments not
year ended
ments not
operative
June 30, 1931
operative
1,513
2,882
1,582
1,758
851
1,079
1,407
222
186
1,839
707
3,630
17,656

206,803,415
69,124, 653
83,044,368
33,110,176
32,328,432
43,803, 871
8,188,034
5,390,344
51,041,355
26,310,629
109, 699, 507
734,830,790

$2,419,000
11,729,000
1,187,000
1,317,000
758,000
691,000
1,891,000
355,000
202,000
993,000
411,000
4,735,000
26,688,000

•hj
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o
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1-3

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d

Fiduciary activities of national-bank branches with trust departments during year ended June 30, 1931, segregated according to population of
places in which branches are located
Places
with
population of
less than

1,000 t o
2,499

2,500 t o
4,999

5,000 t o
9,999

10,000 t o
24,999

50,000 to 100,000 to 250,000 to 500,000 to
499,999
249,999
99,999

25,000 t o

1,000,000
or over

Total

1,000

Number of national-bank branches with
active trust departments
Total resources of banking departments
of branches administering trusts

17

25

28

32

18

14

15

11

17

57

262

$9, 239,075 $24,004,495 $46,116,202 $65,639,555 $66, 407,486 $83,264,879 $162,967,626 $64,386,090 $132,117,812 $665,589,307 $639,394,152 $1,959,126,679

13
-

W

TRUST ASSETS

Investments._.
Deposits in savings banks..
Deposits in other banks
Deposits in own bank
Other assets,..
Total-

230,506 1,051,203 2} 420,449 5,056,514
7,092
520
9,200
77
18,814
25,370
137, 293
21,374
52,085
66,724
152,714
2,315
252,690

8,607,225 21,839,785 44,940,031 31,802,411 25, 677,939 66,438,931 733,133,987
244,322
49, 327
218,959
278,404
187,214
200,000
43,101
672, 312
35, 051
9,474
39, 651
16, 522
645,286
967,351 1,123,145 1,288,277 1,734,729 2,416, 483 19,720,773
849,694 3,272,277 1,178,614 1,130,214 1,398,478 5,058, 679 30,355,169

941,198,981
1,238,216
855,498
28,315,602
43,717, 568

O
O

26,397,468 47,467,308 34,420,902 28,876,995 74,168,103 784,126, 563 1,015,325,865

404,671 1,170,532 2, 588,071 5,550,472 10,154,78

Private trusts..
Court trusts. _.

293,512
111, 153

TotalTotal volume of bond issues outstanding
for which branch banks are acting as
trustee
Number of branches administering private trusts
—
.
Number of branches administering court
trusts..
Number of branches administering corporate trusts
.
Total number of individual trusts being
administered
„___„„.
.
Number of corporate trusts being administered
____Total number of trusts being administered
Average volume of individual trust assets
in each branch....
„
Average volume of trust assets in each
3 ndividual trust
-...,

404,671 1,170,532 2,588,071 5, 550,472 10,154, 780 26; 397,468 47,467,308 34,420,902 28,876,995 74,168,103 784,126, 563 1,015,325,865




597,532 1,741,013 4,030,266
&47,058 1,520,206
573,000

5, 505,446 17,455,092 25,957,170 27,209,751 21,282, 255 68,332, 539 549,038,474
4,649,334 8,942,376 21, 510,138 7,211,151 7, 594,740 5,835, 564 235,088,089

$54, 200

721,443,050
293,882,815

050
$890,647 $7, 508, 200 $5,145, 250 $31, 210, 224 $38, 341 $408,909,990 $492,059,561

170

550

640

573

205

1,087

4,336

7,730

95

32

227

300

566

409

202

537

3,564

6,023

4

4

8

4

2

9

36

21

38

135

193

397

850

1,206

982

407

1,624

7,900

13,753

135

193

55
1,261

65
1,047

116
523

177
1,801

1,043

38

4
401

11

21

1,471
15,224

d

861
$23,804

$46,821

$92,431

$173,452

$362, 671

$19,270

$30,803

$19,171

$28,759

$25, 579

$ls 460,526

$3, 390, 522 $2, 294, 727 $2, 625,181 $4,362,830 $13, 756, 606
$39, 359

$31,056

$35,052

$70,951

$45,670

$99, 257

$3,875,290
$73,826

a
i

Fiduciary activities of national-bank branches with trust departments during year ended June SO, 1931, segregated according to population of
places in which branches are located—Continued
Places
with
population of
less than
1,000
Number of branches administering insurance trustsJN umber of insurance trusts being administered
Average volume of insurance trust assets
In each branch
Average volume of insurance trust assets
in each trust __
Number of branches holding insurance
trust agreements not operative
Number of insurance trust agreements
not operative—
_
Face value of insurance policies held under above agreements
Average number of insurance trust agreements not operative held by each
branch
__.
Average volume of insurance policies held
by each branch under trust agreements
not operative
Average volume of insurance policies per
trust held under trust agreements not
operative
Average gross earnings per trust for fiscal
year ended June 30,1931
Average gross trust earnings per branch
reporting trust earnings for fiscal year
ended June 30,1931
Number of branches reporting amounts
spent annually for trust advertising
Average amount spent annually b y each
reporting branch for trust advertising,.
Number of branches employing full-time
trust solicitors
_
Number of branches employing part-time
trust solicitors




1,000 to
2,499

2,500 to
4,999

5,000 to

10,000 to
24,999

25,000 to
49,999

1

50,000 to

100,000 to 250,000 to 500,000 to
249,999
499,999

1,000,000

Total

1

22

2

3

1

107

1

1

1

$15,000

$6,793

$57, 012

$3,692

$181,856

$36,000

$267,048

$136,024

$15,000

$6,793

$38,008

$3,692

$60,618

$36,000

$27,005

$27,968

10

7

5

1

15

137

290

181

267

229

1,180

2,680

$4,740,678 $9,132,701 $6,412,221 $71,253,421

$113,028,679

15
20
$238,000

17

26

21

11

44

60

111

142

156

$748,622 $1,194,559 $2,677,241 $4,026,206
., 194,

2

4

to
00

4

$3,657,645
14

53

29

i

$4,750,228

$825,027

§

$49,908

$70,268

$102,971

$191,724

$11,900

$17,014

$19,909

$24,119

$28,354

$23,446

$26,192

$34,205

$28,001

$60,384

$42, ^74

$155

$432

$225

$177

$175

$169

$211

$376

$152

$366

$296

$233

$684

$1,126

$1,103

$2,698

$8,102

$14, 723

$17,893

$19,547

$59, 561

$18,092

$894,738

$16,966

$677,239 $1,826, 540 $6,412,221

1

2

3

3

9

$230

$1,754

$6,266

$3,359

$3,624

5

7

1

3

20

229

$26,444

$332,513

O
O

2

REPORT OF THE COMPTROLLER OF THE CURRENCY

29

NATIONAL BANK FAILURES

During the year ended October 31, 1931, receivers were appointed
for 369 national banks. Of this number, 339 were actual failures,
while 30 appointments of receivers were made in order to complete
unfinished business, or to enforce stock assessments the collection of
which was necessary under contracts to succeeding institutions which
purchased the assets of the banks under terms by which depositors
were paid in full. Of the 339 actual failures, 7 were restored to solvency, leaving 332 to be liquidated by receivers. In addition to the
7 failures during 1931 restored to solvency there was one 1930 failure
restored to solvency during the current year, making a total of 8
restorations to solvency during the year 1931. These figures for the
year 1931 may be compared with 88 actual failures for the previous
year, 3 of which were restored to solvency, with the appointment of
receivers for 16 banks to enforce stock assessments. The capitalization of the 369 banks for which receivers were appointed during the
past year was $46,862,000, as compared with the capitalization of the
104 banks for which receivers were appointed during the previous
year of $8,355,000.
In addition to national banks for which receivers were appointed
during the past year there were 45 suspensions of national banks
during such period for which receivers have not been appointed. Of
these 45 suspensions, 10 were restored to solvency and returned to
directors for purpose of disposal of assets under arrangements providing for the discharge of liabilities and with the intention of going
into voluntary liquidation, while 7 were allowed to open and resume
business, leaving 28 still in charge of national bank examiners as of
October 31, 1931.
Receiverships, year ended October 811 1931

Of the 369 banks for which receivers were appointed during the past
year, 275 banks with capital stock of $32,515,000, for which receivers
had submitted first reports to' October 31, 1931, had total assets
aggregating $313,590,433. The capital of the 369 banks was
$46,862,000, and there had been levied by the Comptroller of the
Currency to October 31, 1931, stock assessments against their shareholders in the amount of $31,840;000. Figures as to total assets for
all of the 369 banks for which receivers were appointed during the past
year are not as yet available, due to the very recent dates of failure
of many of these banks. The collections from these assets, including
offsets allowed and collections from stock assessments, as reported by
receivers to September 30, 1931, amounted to 30.71 per cent of puch
assets and stock assessments. These collections and the disposition
thereof were as follows:
Collections:
Collections from assets, including offsets allowed
Collections from stock assessments
Total




-

$100, 267, 946
5, 835, 141

—~

106, 103, 087

30

REPORT OF THE COMPTROLLER OF THE CURRENCY

Disposition of collections:
Dividends paid to unsecured creditors
$35, 625, 413
Dividends paid to secured creditors
782, 222
Payments to secured and preferred creditors, other than
through dividends
31,398, 238
Offsets allowed and settled
13, 186, 360
Disbursements for the protection of assets
815, 446
Payment of receivers' salaries, legal and other expenses
1, 899, 694
Cash returned to shareholders
0
Cash balances in hands of comptroller and receivers
22, 395, 714
Total

-.

106, 103, 087

In addition to the above record it is found that total secured and
unsecured claims proved to September 30, 1931, in connection with
these banks aggregated $126,979,939.
Receiverships, 1865-1981
From the date of the first failure of a national bank in the year 1865
to October 31, 1931, 1,786 national banks have been placed in charge
of receivers. Of this number 84 have been restored to solvency and
permitted to resume business, leaving 1,702 to be administered byreceivers. Of these so administered, 713 (270 more than reported at
the close of 1930) are still in process of liquidation and 989 have been
entirely liquidated and the affairs thereof finally closed.
The capital of the 1,786 insolvent national banks at the date of
failure was $198,937,420, The capital of the 84 banks that have
been restored to solvency was $13,555,000. The capital of the 713
banks that are still in process of liquidation was $75,799,500, and the
capital of the 989 banks that have been completely liquidated was
$109,582,920.
The aggregate book value of the assets of the 1,702 administered
receiverships, including assets acquired after suspension, was $1,250,448,634, in addition to which there have been levied against shareholders assessments aggregating $132,285,740. Total collections
from these assets as reported by receivers to September 30, 1931,
including offsets allowed and collections from stock assessments,
amounted to 50.75 per cent of the total of such assets and stock
assessments. These collections and the disposition thereof were
as follows:
Collections:
Collections from assets, including offsets allowed and for
accounting purposes, dividends paid secured creditors of
all trusts finally closed Oct. 1, 1924, to Oct. 31, 1929
$645, 991, 459
Collections from stock assessments
55, 818, 168
Total

—

701, 809, 627

Disposition of collections:
Dividends paid to secured and unsecured creditors on total
secured and unsecured claims proved in the aggregate
amount of $647,473,605
357, 318, 952
Payments to secured and preferred creditors, including offsets
allowed, disbursements for the protection of assets, and for
all trusts finally closed from Oct. 1, 1924, to Oct. 31, 1929,
dividends paid secured creditors
268, 917, 988
Payment of receivers' salaries, legal and other expenses
39, 909, 006
Cash returned to shareholders
4, 426, 716
Cash balances with the comptroller and receivers
~ 31, 236, 965
. Total



...

701,809,627

REPORT OF THE COMPTROLLER OF THE CURRENCY

31

In addition to this record of distribution there have been returned
to shareholders, through their duly elected agents, assets of a book
value of $16,531,331, The outstanding circulation of these 1,702
receiverships at date of failure was $80,106,863., secured by United
States bonds on deposit with the Treasurer of the United States of
the par value of $82,981,920, while total deposits at date of failure
amounted to $747,453,777.
Active receiverships as of October 31, 1931

The 713 banks that were as of October 31, 1931, still in charge of
receivers and in process of liquidation had assets, including assets
acquired subsequent to their failure, aggregating $641,656,773. The
capital of these banks was $75,799,500, and there had been levied by
the Comptroller of the Currency to October 31? 1931, stock assessments against their shareholders in the amount of $59,087,500. The
collections from these assets, including offsets allowed and collections
from stock assessments, as reported by receivers to September 30,
1931, amounted to 43.71 per cent of such assets and stock assessments, These collections and the disposition thereof were as follows:
Collections:
Collections from assets, including offsets allowed
Collections from stock assessments
Total

$286, 048, 224
20, 304, 918
306, 353, 142

Disposition of collections:
Dividends paid to unsecured creditors. Unsecured liabilities at date of failure as reported bv receivers aggregated
$408,771,087
I
132, 726, 839
Dividends paid to secured creditors. Secured deposits and
other liabilities at date of failure as reported by receivers
aggregated $119,269,117
"
_
_
"
4, 209, 995
Payments to secured and preferred creditors, other than
through dividends
.__
~
86, 073, 214
Offsets allowed and settled.
34, 595, 655
Disbursements for protection of assets
3, 832, 935
Payment of receivers' salaries, legal and other expenses
13, 077, 539
Cash returned to shareholders
600, 000
Cash balances in hands of comptroller and receivers
31, 236, 965
Total

.

-

306, 353, 142

In addition to the above record it is found that total secured and
unsecured claims proved against these 713 receiverships as of September 30, 1931, aggregated $318,367,632, The outstanding circulation
of the 713 receiverships at date of failure was $36,872,016.50, secured
by United States bonds on deposit with the Treasurer of the United
States of the par value of $36,935,660, while total deposits at date of
failure in so far as reported by receivers amounted to $432,599,072.
Receiverships terminated, 1865-1931
From the date of the first failure of a national bank in 1865 to the
close of business October 31, 1931,1,073 receiverships have been liquidated and the trusts closed or the affairs thereof restored to solvency.
Included in this number are the 84 banks restored to solvency (8 in
1931) and 91 the liquidation of which was completed during the year



32

REPORT OF THE COMPTROLLER OF THE CURRENCY

1931. The 989 banks liquidated by receivers had assets, including
assets acquired subsequent to their failure, aggregating $608,791,861.
The capital of these 989 banks was $109,582,920, and there w e r e
levied by the Comptroller of the Currency stock assessments against
their shareholders in the amount of $73,198,240. The collections
from these assets, including offsets allowed and collections from stock
assessments, as indicated by receivers' final reports, amounted to
57.98 per cent of such assets and stock assessments. These collections and the disposition thereof were as follows:
Collections:
Collections from assets, including offsets allowed and for
accounting purposes, dividends paid secured creditors of
all trusts finally closed Oct. 1, 1924, to Oct. 31, 1929
$359, 943, 235
Collections from stock assessments
35, 513, 250
Total

395, 456, 485

Disposition of collections:
Dividends paid to secured and unsecured creditors, on total
secured and unsecured claims proved in the aggregate
amount of $329,105,973
220, 382, 118
Payments to secured and preferred creditors, including offsets allowed, disbursements for the protection of assets,
and for all trusts finally closed Oct. 1,1924 to Oct. 31,1929,
dividends paid secured creditors
.,
144, 416, 184
Payment of receivers' salaries, legal and other expenses
26, 831, 467
Cash returned to shareholders
3, 826, 716
TotaL_._

-

.

395, 456, 485

In addition to this record of distribution, there were returned to
shareholders, through their duly elected agents, assets of a book
value of $16,531,331.
From the above it will be noted that the average percentage of all
dividends paid on the aggregate of secured and unsecured claims
proved against the 989 receiverships that have been finally closed,
but not including the 84 restored to solvency which paid 100 per cent,
was 66.97 per cent. If payments to secured and preferred creditors,
offsets, and other disbursements, as indicated above, were included
with the dividends paid in this calculation, the total disbursements
to creditors would amount to $364,798,302, or 77.04 per cent of claims
proved plus other liabilities paid but not included in the figure above
of proved claims, or $473,522,157. In making the above calculations
of percentages of payments to secured and preferred creditors no
consideration has been given to those liabilities to creditors not
claimed, as well as secured claims which were proved and upon which
dividends were paid but which were subsequently eliminated from the
total of claims proved by reason of having been paid in full out of the
proceeds of collateral collections. The consideration of such unclaimed items, together with secured claims proved but not included
in the total thereof set out in the table above, would reduce somewhat
the percentages of payments to creditors as given.
Expenses incident to the administration of the 989 closed trusts,
such as receivers' salaries, legal and other expenses, amounted to
$26,831,467, or 3.93 per cent of the book value of the assets and
stock assessments administered, or 6.78 per cent of collections from
assets and stock assessments. The assessments against shareholders
averaged 66.79 per cent of their holdings and the total collections
from such
 assessments as were levied were 47.54 per cent of the amount


BEPOKT OF THE COMPTROLLER OF THE CURRENCY

33

assessed. The outstanding circulation of these 989 closed receiverships at date of failure was $43,234,846.50, secured by United States
bonds on deposit with the Treasurer of the United States of the par
value of $48,021,260, while total deposits at date of failure amounted
to $314,854,705.
Receiverships terminated, year ended October 31, 1981

During the year ended October 31, 1931, 91 receiverships were
closedj in addition to which 8 banks were restored to solvency. The
total assets of the 91 receiverships, including assets acquired subsequent to their failure, aggregated $49,843,945, The capital of these
banks was $5,057,000, and assessments against shareholders levied
by the Comptroller of the Currency aggregated $4,792,000. The
collections from these assets, including offsets allowed end collections
from stock assessments as indicated by receivers' final reports,
amounted to 54,5 per cent of such assets and stock assessments.
These collections and the disposition thereof were as follows:
Collections:
Collections from assets, Including offsets allowed
Collections from stock assessments
.
Total

— —

..

_..

-

Disposition of collections:
Dividends paid to unsecured creditors. Unsecured liabilities
at date of failure as reported by receivers aggregated
$28,838,392
__
~
Dividends paid to secured creditors. Secured deposits and
other liabilities a t date of failure as reported bv receivers
aggregated $9?726,599____
Payments to secured and preferred creditors, other than
through dividends
._
.
.
Offsets allowed and settled _. _ _ _ Disbursements for the protection of assets- _
Payment of receivers' salaries, legal and other expenses.'
Cash returned to shareholders
Total

$27, 456, 550
2. 205, 681
29, 662, 231

14, 084, 324
769, 361
9,088,379
2, 781, 079
451.811
2} 484, 670
2, 607
29, 662, 231

Total secured and unsecured claims proved against these 91 receiverships finally closed aggregated $28,346,067.
In addition to this record of distribution, there were returned to
shareholders, through their duly elected agents, assets of a book
value of $59,373,
From the above it will be noted that the average percentage of all
dividends paid on the aggregate of secured and unsecured claims
proved against the 91 receiverships that were finally closed during
the year ended October 31, 1931, but not including the 8 banks restored to solvency which paid 100 per cent, was 52.4 per cent. If
payments to secured and preferred creditors, offsets, and other disbursements, as indicated above, were included with the dividends
paid in this calculation, the total disbursements to creditors would
amount to $27,174,954, or 66.82 per cent of the total of claims proved
plus other liabilities paid but not included in the figure above of
proved claims, or $40,667,336.
It may also be of interest to note that the average percentage of
dividends paid on unsecured liabilities at date of failure of the 91
receiverships that were finally closed during the year ended October




34

REPORT OF THE COMPTKOLLER OF THE CUEBENCY

31, 1931, but not including the 8 banks restored to solvency which
paid creditors 100 per cent, was 48.83 per cent. The average percentage of dividends paid on secured liabilities at date of failure of
the 91 receiverships amounted to 7.91 per cent, while dividends,
together with other payments to secured and preferred creditors,
amounted to $9,857,740, or an average payment on secured and preferred liabilities at date of failure of 101.34 per cent, the excess over
100 per cent being accounted for by interest payments and by payments upon secured and preferred liabilities established after failure.
The inclusion of offsets allowed with dividends paid to unsecured
creditors gives total payments of $16,865,403, or an average total
return upon unsecured liabilities at date of failure of 58.48 per cent,
while all payments to all creditors, consisting of offsets, dividends
paid on both secured and unsecured liabilities, and other payments
on secured and preferred liabilities, amounted to $26,723,143, or an
average total return of 69.29 per cent upon all liabilities at date of
failure in the amount of $38,564,991. In making the above calculations no consideration has been given to additional secured and unsecured liabilities of the 91 receiverships established subsequent to
failure, the inclusion of which would reduce somewhat the percentages
given.
Expenses incident to the administration of these 91 trusts, such as
receivers' salaries, legal, and other expenses, amounted to $2,484,670,
or 4.56 per cent of the book value of the assets and stock assessments
administered, or 8.37 per cent of collections from assets and stock
assessments. The assessments against shareholders averaged 94.75
per cent of their holdings and the total collections from such assessments as were levied were 46.02 per cent of the amount assessed.
The outstanding circulation of the 91 receiverships at date of failure
was $2,663,582, secured by United States bonds on deposit with the
Treasurer of the United States, of a par value of $2,731,490, while
total deposits at date of failure amounted to $29,738,938.
Summary
The financial operations of the division of insolvent national banks
from October 1,1930, to September 30,1931, inclusive, were as follows:
Collections:
Cash on hand with comptroller and receivers Oct. 1,1930
$15, 341, 505
Collections from assets during the year, including offsets
allowed
124, 988, 743
Collections from stock assessments
8, 009, 311
Total
Disposition of collections:
Dividends paid unsecured creditors
Dividends paid secured creditors
Secured and preferred claims paid
Offsets allowed and settled
Disbursements for protection of assets
Receivers' salaries, legal and other expenses
Cash returned to shareholders
Cash on hand with comptroller and receivers Sept. 30, 1931
Total
.

148, 339, 559
"

55, 795, 794
2, 259, 179
38, 429, 902
15, 096, 988
1, 179, 202
4, 088, 922
* 252,607
31, 236, 965
148, 339, 559

In addition to this record of distribution, there were returned to
shareholders, through their duly elected agents, assets of a book value
of $59,373.




EEPOET OF THE COMPTROLLER OP THE CURRENCY

35

Table showing summary of status, and progress and results of liquidation of all
national banks placed in hands of receivers from the date of the first national
bank failure in year 1865 to October 81, 1931
Closed
receiverships,

Total assets taken charge of by receivers
Disposition of assets:
Collected from assets and offsets allowed
Loss on assets compounded or sold under order of
court
-—
Book value of assets returned to shareholders'
agents
_
Book value of remaining assets
-Total
„
—...
Collected from assets and offsets as above
Collected from stock assessments
Total
„_-.-_Disposition of collections:
Dividends paid
Secured and preferred liabilities paid, including
offsets allowed
.
Eeceivers' salaries, legal and other expenses
Amount returned to shareholders in cash
Cash balances with the comptroller and receivers. _.
Total.-..——..
—
——
—
Capital stock at date of failure
.
United States bonds held at failure to secure circulating
notes
United States bonds held to secure circulation, sold and
• circulation redeemed
___—_—
Circulation outstanding at failure
-_„.„„„_
__
Amount of assessment upon shareholders.—
__.
Deposits a t date of failure—.—.—
Claims proved
. -

Active
receiverships,
713

Total, 1,7021

$608, 791, 861. 00 $641,656, 773. 00 $1, 250,448, 634.00
359,943,235.00

286,048,224.00

645,991,459.00

232,317,295.00

51,518,038.00

283,835,333.00

16,531,331.00
(2)
608,791,861. 00
359,943, 235. 00
85, 513, 250. 00
395.456,485.00

0
304,090,511.00
641,656. 773. 00
286, 048, 224. 00
20,304,918.00
306,353,142.00

16,531,331.00
304,090,511.00
1, 250,448, 634.00
645,991,459.00
55,818,168.00
701,809,627.00

220,382,118.00

136,936,834.00

357,318,952.00

144,416,184.00
26,831,467.00
3,826,716.00
0
395,456,485.00
3123,137,920.00

124,601,804.00
13,077,539.00
600,000. 00
31,236,965.00
306,353,142. 00
75,799,500.00

268,917,988.00
39,909,006.00
4,426,716.00
31,236,965. 00
701,809,627.00
3 198,937,420.00

46,021,280.00

36,935,660.00

82,956,920.00

46,021,260.00
13,516,850.00
43,234,846. 50 36,872, 016. 50
73,198,240. 00 59, 087, 500. 00
314.854,705. 00 432, 599,072. 00
329,105,973., 00 318,367,632.00

59,538,110.00
80,106,863.00
132,285,740. 00
747,453,777.00
647,473,605.00

* Does not include 84 banks restored to solvency.
* Accounted for in final settlement with creditors or charged off as loss by order of court.
8
Includes capital stock of 84 banks restored to solvency.

Statistics relative to the capital, date of appointment of receivers,
and per cent of dividends paid to creditors of 91 insolvent national
banks the affairs of which werefinallyclosed, and 8 insolvent national
banks the affairs of which were restored to solvency during the year
ended October 31, 1931, appear in the following table:
Trust
No.
643
1025
80S
855
1028
1205
1039
892
1483
1168
513
1038
993
1182
958
1014
923
968
1080
1023
915
960
1504

Title

Stillwater Valley National Bank..
First National Bank
„
Do.—
Do
Anamoose National Bank...
First National Bank
American National Bank
First National Bank
.„
Do
—
Do
— —
Do
_ — —
City National Bank.
_.__
First National Bank
National Bank of Bowman
First National Bank.
Whitbeck National Bank
First National Bank
_.
Home National Bank
..—.
First National Bank
Do
,
Do....
Do
Do.

See footnotes at end of table.




Location

Date receiver
appointed

Absarokee, Mont
Akron, Colo
Alexandria, Minn
Algona, Iowa
Anamoose, N. Dak.._
Ashton, Idaho
._.
Atoka, Okla
At water, Minn
....
Ayden,N. C
Bancroft,. Iowa
Billings, Mont
Bismarck, N. Dak
Blue Mound, 111
Bowman, S. C._
Brooklyn, Iowa
Chamberlain, S. Dak.
Clear Lake, S. Dak...
Cleburne, Tex
Collinsville, Okla
Colman, S. Dak
Conyers, Ga
Covington, Ga
Dardanelle, Ark

Jan. 30,1922
Aug. 26,1926
Jan. 8,1925
Nov. 24,1924
Sept. 18,1926
Mar. 10,1928
Nov. 1,1920
Feb. 14,1925
Jan. 2,1931
Oct. 20,1927
July 2,1910
Oct. 18,1926
Mar. 27,1926
Dec. 16,1927
Dec. 4,1925
July 14,1926
May 25,1925
Dec. 28,1925
Jan. 5,1927
Aug. 19,1926
May 12,1925
Dec. 8,1925
Jan. 26,1931

Per cent
dividends
paid to
creditors
$25, 000
11.65
40,000
36.33
60, 000
55.53
50,000
49.85
25,000
77.44
50,000
63
25,000
26.57
25,000
35.58
75,000 2 100
50,000
41.44
150,000
83.6
50,000 *60
25,000
41.4
25,000
58
50,000
58.45
50,000
6.4
25,000
44.5
100,000
59.76
25, COO
27.19
25,000
43.95
75, 000
37.26
50,000 8 61.67
25,000
100

36
Trust
No.
951
1412
1089
961
1274
966
1197
1054
927
860
1066
1485
1149
1611
1510
950
771
1464
774
1586
1498
680
715
1398
1400
807
1482
1408
1042
698
1499
1368
954
916
1090
989
1046
935
1134
724
710
1199
1252
1099
1191
920
990
1147
1262
1011
996
1219
1164
1103
762
1008
1058
1194
886
606
1178
1109
1212
1081
957
691
1185
611
878
1055
785
1278
708
1234
672

BEFOBT OP THE COMPTROLLER OF THE CURRENCY
Per cenfc

Title

Location

Date receiver Capital dividend
paid to
appointed
creditors

Davenport National Bank
„
City National Bank
,
First National Bank
Do
Do
Drovers National Bank
—
First National Bank
Do
..._.._.
Merchants National Bank of Detroit.
Farmers National Bank
First National Bank
Do
Do
-._.
Exchange National Bank
First National Bank
Do
Stockmens National Bank
_.
First National Bank
Do
_.
City National Bank
First National Bank
_.
Do
Do
Citizens National Bank
First National Bank
Citizens National Bank
_.
First National Bank in
_.
Hartford National Bank
First National Bank
Do
Do.._
State National Bank
First National Bank
_.
Hugo National Bank
_.
National Bank of Jerseyville
First National Bank in
First National Bank
_.
Do
New First National Bank in
First National Bank
Cavalier County National Bank
First National Bank
Do
Farmers National Bank of
First National Bank
Do
Do
Do
Do
Do
Moline National Bank
_.
First-Citizens National Bank
Farmers National Bank
Peoples First National Bank
First National Bank
_
_.
Palm Beach National Bank
Citizens National Bank
First National Bank
Do
Do
_
Do
Do
Do
Citizens National Bank
First National Bank
Peoples National Bank
American National Bank
Cora Belt National Bank
Logan C ounty National Bank
First National Bank
Torrington National Bank
First National Bank
Do
Do
Do

Davenport, Wash
Decatur, Tex
Delano, Calif
Delano, Minn—.
Denton, Mont-..'
Denver, Colo
Derby, Iowa
Detroit Lakes, Minn..
do
Dodge Center, Minn..
Elkton,S.pak
Eureka Springs, Ark._
Farmers ville, 111
Fitzgerald, Ga
..do-

Nov. 17,1925 100,000
76.75
Oct. 25,1930
50,000 143.63
Jan. 14,1927 100,000 102.08
Dec. 12,1925
25,000
73.2
Mar. 5,1929
25,000
93.1
Dec. 24,1925 200,000
40.26
Feb. 10,1928
50,000
13.15
Nov. 23,1926
50,000
40.45
June 22,1925
60,000
64
Dec. 9,1924
30,000
11.96
Dec. 3,1926
25,000
53.51
Jan. 6,1931
50,000 «100
June 29,1927
25,000
29.15
Jan. 31,1931 100,000 H03
-do.
125,000 «103
Nov. 14,1925
75,000
23.15
Feb. 26,1924 200,000 2 96.46
Dec. 20,1930 500,000 100
Feb. 26,1924
25,000
16.76
May 26,1931
40,000
10
Jan. 21,1931
25,000 2 100
Apr. 12,1923
50,000
2.45
Nov. 8,1923
25,000
20
Sept. 6,1930
75,000 139.8827
Sept. 15,1930
75,000 1100
Apr. 30,1924
30,000
47.6
Dec. 30,1930
25,000 2 100
Oct. 11,1930
25,000 2 100
Nov. 2,1926
25,000
38.05
Jan. 21,1921
50,000
44.75
Jan. 22,1931
25,000 2 100
May 19,1930 125,000 135.3333
NoVo 24,1925 50,000
60.9
May 12,1925 200,000
43.66 •
Jan. 15,1927
50,000
79.39
Mar. 13,1926
25,000
39.2
Nov. 9,1926
50,000
52.05
Aug. 24,1925
25,000
53.92
Apr. 30,1927
25,000
78.5
Nov. 19,1923
25,000
32.55
Oct. 29,1923
25,000
7.38
Feb. 15,1928
75,000 102.2
Dec. 19,1928
25,000
89.5
Feb. 1,1927
50,000 i 30.63
Jan. 21,1928
50,000
46.75
May 21,1925
50,000
21.4
Mar* 19,1926
25,000
15
June 24,1927
25,000
99.85
Feb. 12,1929
25,000
95.11
July 8,1926
35,000
14.18
Apr. 12,1926
50,000
22.58
May 19,1928
85,000
58.63
Sept. 21,1927
25,000 133.27
Feb. 5,1927
25,000
45.46
Feb. 12,1924
25, 000
38.1
July 2,1926
50, COO
74.39
Nov. 24,1926
37,000
51
Jan. 23,1928
50,000
60.2
Feb. 11,1925 100,000
72.2
Mar. 2,1921 200,000
20.66
Nov. 21,1927
30,000
22.9
Feb. 19,1927
25,000
24.5
Apr. 3,1928
50,000
84.9
Jan. 5,1927
35,000
78.4
Dec. 2,1925
50,000
54.33
July 3,1923 100,000
57.3
Dec. 30,1927
30,000
68.67
Mar. 28,1921
25,000
27.99
Jan. 26,1925 150,000
89.65
Nov. 23,1926
81.13
25,000
Mar. 19,1924
92
35,000
Apr. 2,1929
25,000
Oct. 22,1923 100,000 152.86
33.959
Oct. 12,1928
96.62
25,000
Feb. 5,1923
8.97
50,000

947 Winner National Bank..

Forest City, Iowa
Fort Ben ton, M o n t . . .
Gastonia, N . C
Gering, Nebr
Grand Prairie, Tex
Green Forest, Ark
Gregory, S. Dak
Grey Eagle, Minn
Gr innell, Iowa
Guthrie Center, lowa.
Hankinson, N . D a k . . .
Harrison, Ark
__.
Hartford, Kans
Haworth, Okla
Hearne,Tex
Holly Grove, Ark
Honey Grove, Tex
Howard, S. Dak
Hugo, Okla
Jersey ville. Ill—
Kiefer,Okla
Kingsburg, Calif
Lake Park, Minn
Lamberton, Minn
Lancaster, Minn
Langdon, N . Dak
La Porte City, l o w a . .
Lewis ville, Ohio
Lidgerwood, N . D a k . .
Lisbon, N . Dak
Madison, S. Dak
Marion, N . Dak
Medary ville, I n d . .
Melvin, Iowa.
Milford, Iowa
Moline, Kans.
Mount Sterling, Ohio.
OdelLBl
Olivia, Minn
Onida, S. Dak
Palm Beach, Fla
Petty, Tex
Plain ville, Kans
Quincy, Fla
Ranger, T e x . Roff, Okla.
Rollette, N . Dak
Rolfe, Iowa
Royal. Iowa
Sac City, Iowa
Salisbury, N . C
Sallisaw, Okla
Scotland, S. Dak
Sterling, Colo
Terril,Iowa
Torrington, Wyo
Waverly, Va
Wells, Minn
Wesley, Iowa
_.
Wessington Springs, S
Dak.
Winner, S. Dak
Oct. 24,1925

60,000 »118.815

1 Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold
or to complete unfinished liquidation.
2 Restored to solvency.
s Principal and interest paid in full.
4
60 per cent paid assenting creditors and 100 per cent paid nonassenting creditors in accordance with
agreements.
Digitized for * Including dividends paid by purchasing banks.
FRASER



37

BEPOET OF THE COMPTROLLER OF THE CURRENCY
ALL BANK SUSPENSIONS
Number of all bank suspensions in the lOYz years ended June SO, 1981
State and
private
banks

State

Maine
New Hampshire
Vermont _. _. .
Massachusetts
Rhode Island
Connecticut

-

_.
.

-

--

Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland

-

-

-

--

National
banks

3
2
1
9
2

1
1
1
1

-.
.

26

9

41

5
36
1
2

_

112

53

165

- -

69
40
212
237
347
215

8
12
26
28
21
22

77
52
238
265
368
237

63

18

- -

-

-

.-_

-

- -

-

_-

___-_

-

-

--

- - --

-

-

13
96
2
13

81

112
45
282
217

-

- . . _

-

-

—
_

.

- -

-. - ---

Total Middle Western States
North Dakota
.
South Dakota
Nebraska.. . .
Kansas
Montana
Wyoming
.
.
.
Colorado
New Mexico
Oklahoma
Total Western States
_. _ _. . . .

Total Pacific States
Grand total. „ _

--

-

-

~-

- -

_

.

.

.

—

_..-.
-

74
104

4
6

78
110

255

2,272

20

232
315

18
49
9

113

107
409

10
66

552
415

~-

125
47
352
242

2,017

- - -

13
2
70
25

94

.

Total Southern States

Washington .
Oregon
California
. .
Idaho
Utah
Nevada
Arizona

10
30

8
60
1
11

.-

Total Eastern States

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota - . . .Iowa
Missouri..

3
2
2
10
3

4

32

-

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Plorida . Alabama.
Mississippi
Louisiana . . -.
Texas
Arkansas
Kentucky
Tennessee.

Total

111
17

2,237

300

429

73

114

250
364
122

117
475
663
432

2,537
502

56
30

462
398

-

- -

.-

17

282

- - -

-

-

.

. .

-

-

....

__
-

„
-

. .

_.__.... -

406
368
265
155
49
81
41
224
2,018
___
43
21
49
20
4
30

358

218

- -

. . . .
--

74

292

6,628

1,044

7,672

62
11
18
21
70
13
9
20
26
3
3

217
60
99
62
294
2,376
64
52
41
75
23
4
33

BANK SUSPENSIONS OTHER THAN NATIONAL

During the fiscal year ended June 30, 1931, there were 1,324
suspensions of State and private banks in the several States of the
country with deposits at date of suspension aggregating $855,328,000.
In the previous year there were 687 suspensions with deposits of
$282,846,000.
84644°



38

REPORT OF THE COMPTROLLER OF THE CURRENCY

Tables showing the number, capital, and deposits of suspended and
reopened banks other than national and national banks in each State,
for the 6-month periods ended December 31, 1930, and June 30, 1931,
together with similar figures for the year ended June 30, 1931, are
published in the appendix of this report. The appendix also includes
a table showing the number, capital, and deposits of suspended and
reopened State and national banks each of the years ended June 30,
1864 to 1931, inclusive.
NATIONAL-BANK CIRCULATION
Bonds outstanding eligible as security for national-bank circulation
on June 30, 1931, aggregated $674,625,630, the same as on June 30 of
the year previous, comprising $599,724,050 consolsof 1930; $48,954,180
Panama Canal 2's of 1916-1936, and $25,947,400 Panama Canal 2's of
1918-1938. On June 30 of the current y e a r t h e Treasurer of the
United States held as security for national-bank circulation $593,373,300
of consols and $73,781,500 Panama Canal 2's, a total of $667,154,800,
representing 98.89 per cent of the aggregate of circulation bonds
outstanding.
The circulation of national banks outstanding on June 30 this year
amounted to $697,004,446, of which amount $665,591,438 was
secured by bonds, and the remainder, $31,413,008, was secured by
lawful money held by the Treasurer to provide for the redemption of
the notes of banks retiring their circulation and on account of
associations in liquidation.
Statement of capital stock of national banks, national-bank notes, and Federal
reserve bank notes outstanding, bonds on deposit, etc.
July 1, 1931
Authorized capital stock of national banks..
Paid-in capital stock of national banks

June 1, 1931

$1, 713, 822,146
1, 713, 822,146

$1, 718,432,146
1, 718,432,146
Increase or
decrease since
June 1? 1931

Increase of authorized capital stock...
Decrease of authorized capital stock..
Increase of paid-in capital stock
Decrease of paid-in capital stock

National-bank notes outstanding secured by United
States bonds, old and new series
National-bank notes outstanding secured by lawful
money, old and new series
Total national-bank notes outstanding, old and
new series

Net increase
Net decrease..




$1, 753, 790, 629
1, 753, 604, 663
Increase or
decrease since
July 1,1930

$4,610,000

$665, 591, 438

$39,968,483

4, 610, 000

39, 782, 517

$665,889,688

$665, 607,070

31,413,008

30,709,438

32,710,398

697,004,446

696, 599,126

698,317,468

Increase or
decrease since
June 1,1931
Increase secured by United States bonds. _
Decrease secured by United States bonds.
Increase secured by lawful money
Decrease secured by lawful money

July 1, 1930

Increase or
decrease since
July 1,1930
$15,632

703,570
1,297,390
405,320

1,313,022

REPORT OP THE COMPTROLLER OF THE CURRENCY

39

Statement of capital stock of national banks, national-bank notes, and Federal
reserve bank notes outstanding, bonds on depositt etc.—-Continued
July 1, 1931
Federal reserve bank notes outstanding secured by
United States bonds
Federal reserve bank notes outstanding secured by
lawful money
_
Total Federal reserve bank notes outstanding

June 1, 1931

July 1, 1930

$2,973,962

$2,973,962

$3, 260,042

2,973,962

2,973, 962

3,260,042

Increase or
decrease since
June 1,1931

Increase or
decrease since
Juiy 1,1930

Increase secured by Urited States bonds..
Decrease secured by United States bondsIncrease secured by lawful money
Decrease secured by lawful money
._„
Net increase..
Net decrease

\
!

Kinds of bonds on deposit

286,08C

National-bank notes of Federal reeach denomination serve bank
outstanding
notesofeach
denomination outOld series New series standing

On deposit
to secure
nationalbank notes

United States consols of $593,373,300
1930 (2 per cent).
48,453,760
United States Panama of
1936 (2 per cent).
25,327, 740
United States Panama of
1938 (2 per cent).

|
i

_... 667,154,800

Less*

1

$340,782
162,470
15,879,920 $134,875,805
33,348,015 248,766,190
36,011, 660 183,489, 740
6,615,950 21,050, 200
8,030, 600 14, 290, 200
87,500
21,000
61,684
20

$1,830,849
522, 998
371,040
102,395
133,530
13,150

Total.

100, 559, 581 602,472,155
332,835
5,694, 455

2,973,962

Total___

Total

One dollar
_
Two dollars
Five dollars
Ten dollars
Twenty dollars
Fifty dollars __
One hundred dollars.._
Five hundred dollars.._
One thousand dollars..
Fractional parts
....

100, 226, 746 596, 777, 700

2, 973, 962

Notes redeemed but not assorted by denominations.

In the year ended October 31, 1931, the withdrawal of bonds held
by the Treasurer of the United States in trust as security for nationalbank circulation amounted to $56,4i4,490.
The withdrawals by reason of liquidation of banks amounted to
$7,557,240 and on account of banks placed in charge of receivers,
$7,823,750.
Bonds held by the Treasurer of the United States in trust as security
for circulation were augmented to the extent of $52,541,380 on account
of deposits made by newly organized banks and by those increasing




40

EEPOET OF THE COMPTROLLER OF THE CURRENCY

their circulation. The transactions of the year by months in each
account named are shown in the following statement:
United States bonds deposited as security for circulation by banks chartered and by
those increasing their circulation, together with the amount withdrawn by banks
reducing their circulation, and by those closed, during each month, year ended
October 81, 1931

Date

November.
December..
January
February._
March
April
May
June
July...
August
September.
October
Total.

1030
2931

Bonds
deposited
by banks
chartered
and those
increasing
circulation
during the
year

Bonds
withdrawn
by baiiks
reducing
circulation

Bonds
withdrawn
by banks
in liquidation

Bonds
withdrawn
by banks
in insolvency

$1, 774, 000
11,520,000

$1,180,100
11, 691,500

$400,000
500,000

$100, 000

2, 636, 000
7, 110. 500
2, 613; 000
2, 035, 860
2, 112, 590
3, 011, 250
6, 230, 300
3,737,100
2, 599, 000
7, 161, 750
152, 541, 380

3,962,300
5, 307, 500
1,364, 000
670, 000
2, 585, 750
2, 383, 250
3, 522, 500
2, 367, 600
2, 989, 000
3,010, 000
41, 033, 500

684,950
572, 550
701, 500
277,490
199, 740
482, 500
1,057, 500
574, 500
361,510
1,745,000
7, 557, 240

335, 250
567, 000
411, 500
510, 000
400, 000
1,150,000
100, 000
4, 250,000
7, 823, 750

»Includes $2,481,490 deposited by 23 of 78 banks chartered during the year,

REDEMPTION OF NATIONAL AND FEDERAL RESERVE BANK
CIRCULATION

During the year ended June 30, 1931, national-bank notes and
Federal reserve notes aggregating $1,551,545,109.50 were redeemed in
the United States Treasury at a total expense of $489,291.57.
Redemptions included Federal reserve notes amounting to $1,063,997,435, and national-bank notes of $487,547,674.50, the latter
amount including $26,660,594.50 redeemed on retirement account.
National-bank notes were redeemed at an average cost of 91 cents
per $1,000; Federal reserve notes received from sources other than the
Federal reserve banks, 81 cents per 1,000 notes, and canceled and other
Federal reserve notes received direct from Federal reserve banks and
branches, 40 cents per 1,000 notes redeemed.
Statements showing the amount of national-bank notes, Federal
reserve notes, and Federal reserve bank notes received monthly for
redemption in the year ended June 30, 1931, the source from which
received, and the classification of redemptions, together with the
rate per $1,000 of national-bank notes redeemed, and the rate per
1,000 notes of Federal reserve notes redeemed, are published in the
appendix of this report.
NATIONAL BANKS OF ISSUE
Of the 6,805 reporting national banks on June 30, 1931, there were
5,477 banks with capital of $1,274,815,000 issuing circulating notes,
and on the same date the amount of notes outstanding aggregated
$039,304,000. The 1,328 banks which did not exercise the circulation
privilege had capital stock paid in amounting to $412,848,000.
A table disclosing, according to reserve pities and States, the number
of national banks issuing circulation, their capital, amount of circulation outstanding, together with the number of associations not issuing



REPORT OF THE COMPTROLLER OF THE CURRENCY

41

circulation and their capital on June 30, 1931, is published in the appendix of this report.
There are also published in the appendix tables showing by months
the profit on national-bank circulation based upon a deposit of $100,000
United States consols of 1930, and Panama Canal bonds at the average
net price during the year ended October 31, 1931. These tables are
supplemented by others showing the investment value of circulation
bonds quarterly, and the monthly range of prices in New York in the
year ended October 31, 1931.
CONDITION OF NATIONAL BANKS AT DATE OF EACH CALL
DURING THE YEAR
Under authority of section 5211, United States Revised Statutes,
national banks were called upon to submit four reports of condition
during the year ended October 31, 1931, as of various dates specified
by the comptroller.
Summaries of resources and liabilities of reporting banks on the
date of each call during the year, together with summary for
September 24, 1930, are shown in the following statement:
Abstract of reports of condition of national banks on dates indicated
[In thousands of dollars]
Sept. 24,
Dec. 31,
Mar. 25,
June 30,
Sept. 29,
1930—7,197 1930—7,038 1931-(5,935 1931—6,805 1931—6,658
banks
banks
banks
banks
banks
RESOURCES

Loans and discounts (including rediscounts) i
_
Overdrafts
United States Government securities
owned
Other bonds, stocks, securities, etc., owned.
Customers* liability account of acceptancesBanking house, furniture and fixtures
Other real estate owned
Reserve with Federal reserve banks.
Cash in vault...
Due from banks
_
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
_
Acceptances of other banks and bills of
exchange or drafts sold with indorsementSecurities borrowed
,
Other resources
_.__._.„_
„
Total
...

14, 653,078
11,128

14,362,039
7,388

2,817,155
4,307,096
475,549
793,808
129,471
1,432,892
339,839
2,888,481
36,741

2,654,836
4,437,230
613,635
811,980
120,722
1,460,365
409,084
3,338,017
63,131

13,722,072 13,177,485
7,790
7', 037

12,479,935
7,506

3,256,268
4,418. 569
434, 717
795,866
125, 681
1, 418,096
368, 589
3,146,951
61, 559

3 } 289,267
4,380,016
344,459
790,324
124,092
1, 365,334
389,741
2, 207, 530
33, 344

3,192,718
4,469,, 659
539,284
810,789
124, 662
1,441, 387
334,122
2, 942, 432
32, 304

32,768

32,671

32,427

32,165

31,688

228,527
16, 505
215, 645
28, 378, 683

244,489
15,803
228, 294
28, 799, 684

215,326
14, 910
247,338
28,126,467

168,137
11, 986
218,839
27, 642, 698

98,601
9,534
194, 603
25, 746,064

LIABILITIES

Capital stock paid in
„
Surplus
Undivided profits—net
_._
Reserves for dividends, contingencies, etc.Reserves for interest, taxes, and other
expenses accrued and unpaid
National-bank2 notes outstanding
Due to banks
_
Demand deposits
_
Time deposits (including postal savings)—
United States deposits
Total deposits...

1, 745,125
1, 592,814
586, 430
83,813
95,619
652,260
3,184,949
10, 334, 688
8, 798, 252
163,428
M, 481,817

1,722,159
1,548,364
515,973
108, 507

1, 716, 254 1,687,663
1, 529,896 1,493,876
443,592
532, 759
130,599
113,568

1, 656, 374
1,470,291
455,474
115,942

64,495
62,881
82,145
82,976
642, 902
639, 304
645, 523
631, 569
3, 342, 406 3, 282, 226 3, 277, 539 2, 527,514
10,638,790 10, 046,037 10,105,885
9,393,194
8, 727,430 8, 711, 402 8, 579, 590 8,150, 285
304, 501
163,020
235, 226
308,391
M, 871,646 £8,844,166
W, S79,884

Agreements to repurchase United States
11,954
Government or other securities sold
33,073
13,857
10, 266
Bills payable and rediscounts.-..
219,850
194,466
255,606
153, 533
Acceptances of other banks and bills of exchange or drafts sold with indorsement. 228, 527
244,489
215, 326
168,137
Acceptances executed for customers
.__
487,102
554,866
442, 235
625,478
Acceptances executed by other banks for
8,242
5,874
account of reporting banks
_
9,830
8,627
15,803
16,505
Securities borrowed
14, 910
11, 986
142, 947
167, 537
Other liabilities
„
160,104
194,512
Total
28,378,683 28,799,684 28,126,467 27,642, 698

17, 752
324,198
98, 601
354,464
6,257
9,534
143,248
25,746,064

i Includes customers' liability under letters of credit.
8
 certified and cashiers' checks, and cash letters of credit and travelers' checks outstanding.
Includes


Principal items of resources and liabilities of national banks, September 29, 1931
[In thousands of dollars]
Eeal
estate,
furniture Cash in
and fix- vault
tures

Number of
banks

Location

Loand and
discounts,
including
overdrafts1

44
54
45
149
10
61

68,523
41,251
35,087
850,901
30, 948
171,687

60,682
31,014
28,863
440,382
22,441
80,274

50, 684
815
14,614

363

1,198,397

663,656

Investments

Due from
banks,
including Aggregate
reserve
assets
and other
cash items

2,116
2,081
1,401
16,328
1,160
5,818

14,954
10,009
6,531
234,481
5,482
33,114

149,500
87,918
73,973
1,670,947
61,222
306,930

73,491

28,904

304,571

2,350,490

526
289
803
16
71
12

2,955, 533 1,867,338 138,422
475,032
341,043 46,767
1,387,860 1,134,064 116,068
9,934
11,029
1,103
89,120
58,012 13,394
81,364

47,162
18,783
48,040
336
4,262
5,941

923,694
92,739
327,411
1,987
27,758
27,753

6,339,185
981,642
3,048,755
24,459
227,646
188,602

Total Eastern States... 1,717

5,009,162 3,499,511 322,623

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

_.

Total New England
States..
New York
New Jersey
Pennsylvania
Delaware
_
Maryland
District of Columbia

_...

Virginia
West Virginia
North Carolina
South Carolina.
Georgia
_
Florida
Alabama
Mississippi
Louisiana
Texas
—
Arkansas
___
••
Kentucky
Tennessee
-

150

102
55
30
67
51
88
28
29
528
54
121
90

Total Southern States.. 1,393
Ohio
Indiana
Illinois




279
178
410

212, 372
104, 584
66,189
39,271
125, 569
44,902
110,449
34, 384
71,327
459,055
31, 675
128, 882
168, 546
1, 597, 205
434,115
190, 387
600,485

2,879
2,930
1,569

124,524 1,401,342 10,810,289

14, 546
10, 920
7,757
4,052
13,822
8,241
11,048
2,643
8,761
46,889
2,017
6,659
14, 287

7,576
4,576
2,650
2,583
4,159
5,386
4,705
1,330
1,702
19, 790
1,597
4,307
4,710

727,157 151, 642

65,071

68,496
38, 748
22, 320
17,430
71, 204
84,305
50, 705
17, 040
26, 322
211, 210
21, 304
51, 300
46, 773

226, 643
113, 759
354,813

42, 321
20, 786
39,370

16, 740
12, 572
23, SG8

477395

Capital

Demand
deposits,
including
United
States
deposits

Bills
Time payable
and
deposits rediscounts
1,709
1,297
792
14,731
1,075
3,985

31,692
35,422
14,490
692,491
22,546
122,282

89,961
26,524
41,731
466,419
18,613
101,253

46,796

189,326

918,923

744,501

23,589

75,172
24,508
82,283
903
6,046
4,373

893,166 2,669,716 1,153,697
17,764
476,318
307,856
283,137
929,667 1,147,143
317
7,854
9,451
99,158
25,923
62,546
62,539
14,239
80,308

43,807
20,011
63,252
308
2,511
1,750

664,428 1,023,971

193,285

1,234,546 4,057,947 2,948,306

131,639

24,398
13,975
9,418
4,562
17,617
9,086
16, 762
3,812
6,825
62,440
4,414
15, 229
18,164

18, 622
10,008
6,276
3,173
7,119
3,878
13,182
2,199
5,899
40, 549
3,114
10, 959
14, 542

109,898
57,992
36,181
23, 740
109,692
72,165
75,189
21, 366
55,654
453,146
22,117
81, 386
88, 673

145,073
68,461
38,515
30,166
82,937
55,075
61,420
26, 325
23,687
180, 367
24, 994
75,962
98,178

5,568
5,647
6,864
1,018
2,380
962
6,052
2,515
4,028
13,102,064
3,833
9,957

246, 554 1, 207,199

911,160

63, 990

42,817
27, 877
147,109

291, 690
140, 481
308, 256

13, 885
3,736
9,327

4,258
4,694
4,266
19,679
3,307
10,592

157,883

174,985

424,162
54,970
161,214
1,648
11,259
11,175

592,300
68,763
328,920
3,929
18,261
11,798

15,128
13, 986
9,799
52, 369
26, 725
22, 352
7,265
15,184
185,903
9,815
27, 764
44, 224

13,257
10,405
5,400
19,020
15, 435
18, 095
4,535
8,725
74,903
5,165
13,503
20, 769

477, 907

3, 047,190

238,101

826, 251
400, 371
1, 268, 331

Due to
banks 2

3,866
5,379
1,812
161, 525
2,748
13,996

10,756
8,722
5,195
111, 937
7,744
30,631

6,515
5,540
5,260
114,736
4,520
21,312

357,134
175,904
113, 682
74, 530
209, 458
171, 203
202,031
63,003
124, 614
928, 669
66, 757
220, 072
280,133

94, 361
58, 7G2
231, 756

Surplus Nationand net al-bank
undivided notes
outprofits standing

56,808
29, 352
76, 625

206, 702 139, 520
63,113
23, 959
74, 555

32, 335
21, 094
25, 726

21,080
5,295
4,885
4,950
27, 650
13, 769
7,974
1,588
17,689
94, 773
4,299
16, 903
25, 699

308, 632
150, 309
602, 287

Michigan
Wisconsin.—
Minnesota. „_
Iowa
Missouri-—

113
14.5
244
202
116

_

._

Total Middle Western
States

1,687

299,153
262, 553
290, 062
130,984
237, 325

153, 778
141, 336
207, 475
86,665
167,370

33, 695
18, 309
17, 621
10, 788
11, 320

10,245
9,519
7,568
7,424
5,921

2, 445,064 1,451,839 194, 210

76, 819
108, 500
45,190
90, 397

582,144
504, 474
642, 379
282, 591
516, 264

30, 870
32,545
37,440
17,820
34, 610

35, 286
28, 575
28, 740
11,690
23,644

17, 497
15, 721
13, 488
10, 366
8,272

289, 562 144, 499

37, 096
40, 851
85, 270
29, 295
90, 900

193, 742
164,007
101,934
229,165

252, 256
210,511
243,411
107, 323
118, 723

4,595
1,755
1,007
2,018
4,114

501, 215 1, 973.939 1,672,651 ! 40,437

93, 797

772,118

5, 022, 805

316,070

91
84
164
233
56
25
112
25
257

35,020
30,066
112,717
96,947
30,585
19,331
94,474
13,595
156,141

23,934
25,271
59, 877
71,509
34,814
10,865
96,327
10,174
101,654

3,540
2,708
8,255
9,980
3,205
1,169
6,699
1,317
13,518

1,452
1,344
3,909
4,564
2,455
1,889
8,602
1,131
5,034

9,209
8,374
52,672
45,233
13,743
5,924
52,676
4,819
56,202

74,139
68,588
238, 339
229,068
85,604
39, 261
259,830
31,128
333,894

4,865
4,365
14,470
17,082
4,545
2,270
12,270
1,860
25,550

3,222
3,356
10,079
12,417
4,531
2,402
12,847
1,302
13,835

2,574
1,598
6,680
9.170
2,035
1,485
4,274
1,335
5.647

Total Western States. - 1,047

588, 876

434,425

50,391

30,380

248,852

1,359,851

87,277

63,991

132, 598
70,013
1,362,536
17,657
23, 294
10,484
10, 270

115,261
100,454
618,818
11,373
16,646
6,589
10,684

10, 371
6,871
98,409
2,188
1,433
970
1,329

5,713
3,992
31,071
1,125
607
495
1,366

54,405
39,671
276,760
6,593
12,358
2,611
4,531

320, 727
222,631
2,425, 581
39, 243
54,471
21,211
28,335

25,740
13,325
40,925
2.625
3,275
1,500
1,800

12,675
9,996
134,657
1,537
2,382
897
1,775

446 | 1,626.852

879,825

121,571

44,369

396,929

3,112,199

189,190

163,719

1,879

1,861

119

5,242

112

58

2,536

1,976

20, 096

11,009

2,288

3, 520

37,998

3,123

1,030

13, 798

13, 795

21,975

12,870

2,696

4,489

43.240

16,334

15,771

North Dakota-South Dakota
Nebraska..-.Kansas
Montana
Wyoming..
Colorado
New Mexico
Oklahoma

24,459
27,213
104, 591
109,364
34,712
15,898
111, 819
16,538
156,001

35,236
26,469
60,560
53,237
33.117
13,918
91.118
7,880

453
1,166
3,987
2,249
698
1,079
2,178
3,101
4,135

34, 798

125,986 | 600,595

419,870

16,986

11,853
6,730
45. 345
1,638
2,465
1,232
1,173

34,355
20,072
157, 747
2,009
1.1,494
2,177
945

126,826
103,409
81,630
89,159
663,825 1,197,950
16,198
14,012
19, 377
14, 793
6,888
8,418
11,904
10,285

2.526
1,014

69,436

228,799

926,648

2,303
3,384
35,449
24,380
4,723
2,163
24,285
793
28,606

••"

Washington
Oregon
California
Idaho
Utah
Nevada
Arizona

98
86
185
38
17
10
12

_
„„

Total Pacific States
Alaska (nonmember banks)..
The Territory of Hawaii
(nonmember bank)

42,894

o
o

661
214
258
47,557

1-3

Total (nonmember
banks)
Total United States

408

1,438,026

•—»

4

6,658

12,487; 531 7,669,283 914.416 ; 3S9, 741

3, 606, 208
25,746,064 j 1,656,374

Includes also customers' liability under letters of credit.
Includes certified and cashiers' checks, and cash letters of credit and travelers' checks outstanding.




3,425

2,835
1, 925, 765

3,235

631, 569 2, 527, 514 9, 701,585 8,150,285 324,198

W

o
d
w
w

3
o

44

REPORT OF THE COMPTROLLER OF THE

CURRENCY

NATIONAL-BANK LIABILITIES ON ACCOUNT OP BILLS
AND REDISCOUNTS

PAYABLE

Liabilities of national banking associations for money borrowed on
account of bills payable and rediscounts at the date of each call since
October 31, 1930, are shown in the following statement:
Total borrowings of national banks on account of bills payable and rediscounts at
date of each call since October 81, 1980, according to geographical location
[In thousands of dollars]
New
England
States
Dec. 31,1930:
Bills payable
Rediscounts _

Middle
Eastern Southern Western Western
States
States
States
States

Pacific
States

Total

11,484
6,205

73,799
22,390

29,046
32,135

32,287
13,266

6,175
12,485

13,860
2,474

166,651
88,955

17,689

96,189

61,181

45,553

18,660

16,334

255, 606

9,450
4,331

43,001
14,873

15,803
25,647

19,957
9,735

1,979
9,905

35,999
3,786

126,189
68,277

13,781

57,874

41,450

29,692

11,884

39,785

194,466

5,827
4,456

42,663
11,993

13,631
29,242

18,325
8,723

2,175
10,018

2,219
4,261

84,840
68,693

Total

10,283

54,656

42,873

27,048

12,193

6,480

153,533

Sept. 29,1931:
Bills payable
Rediscounts

19,226
4,363

116,677
14,962

27,799
36,191

26,928
13,509

4,818
12,168

44,552
3,005

Total

23,589

131,639

63,990

40,437

16,986

47,557

240,000
84,198
324,198

-

Total
Mar. 25,1931:
Bills payable
Rediscounts

1
--

_._

Total
June 30, 1931:
Bills payable
Rediscounts

--

Total borrowings of national banks on account of bills payable and rediscounts at
date of each call since October 81, 1980, according to central and other reserve
cities and country banks
[In thousands of dollars]
Central
reserve
cities
Dec. 31,1930:
Bills payable
Rediscounts

Other
reserve
cities

Country
banks

Total

4,447
1,036

49,951
9,391

112,253
78,528

166,651
88,955

Total

5,483

59,342

190,781

' 255,606

Mar. 25,1931:
Bills payable
Rediscounts

3,076
3

44,178
1,426

78,935
66,848

126,189
68,277

3,079

45,604

145,783

194,466

139

11,582
2,386

73,119
66,307

84,840
68,693

..

Total

_ -

_

-

June 30,1931:
Bills payable Rediscounts

-"

139

13,968

139,426

153,533

Sept. 29,1931:
Bills payable
Rediscounts

20,325
600

102,514
8,138

240,000
84,198

Total

20, 925

110,652

117,161
75,460
192,621

Total




-

-

324,198

REPORT OF THE COMPTROLLER OF THE CURRENCY

45

LOANS AND DISCOUNTS OP NATIONAL BANKS

The statement following shows a classification of loans and discounts reported by national banks as of June 29, 1929, and June 30,
1930 and 1931.
Classification of loans and discounts as of June 29', 1929y and June 80,1930 and 1931
[In thousands of dollars]
June 29,1929
Amount
Acceptances of other banks, payable in
United States
Notes, bills, acceptances, and other instruments evidencing loans payable in
foreign countries
Commercial paper bought in open market.
Loans to banks and trust companies:
On securities.
_.
Allother
Loans secured by United States Government and other securities (exclusive of
loans to banks)
Real-estate loans, mortgages, deeds of
trust, and other liens on real estate:
On farm land
On other real estate
All other loans, including reporting banks'
own acceptances purchased or discounted
„-.
TotalLoans secured by United States Government obligations
Total loans eligible for rediscount with
Federal reserve banks
* All loans to banks and trust companies.




Per
cent

June 30, 1930
Amount

Amount

Per
cent

0.57

174,540

1.33

51,550
381,470

.35
2.56

51,861
269,215

2.04

2.47

141,272
198,315

.95
1.33

125,216
141,412

.95
1.07

5,113,792

34.55

5,484,713

36.84

4,537,713

34.44

308,785
1,104,220

2.09
7.46

296,970
1,176,031

1.99
7.90

91,006

0.61

39,339
195,666

.27
1.32

1365,009

84,275 |

Per
cent

June 30,1931

304,824
1,

2.31

9.72

7,583,313

51.23

7,073,156

47.51

6,292,105

47.75

14,801,130

100.00

14,887,752

100.00

13,177,485

100.00

102,672

106,429

121,195

2,974,308

2, 718,792

2,158,686

Loans and discounts of national banks, June SO, 1981

l

[In thousands of dollars]

Acceptances
of other
banks
payable
in
United
States

Location

Notes,
bills, acceptances,
and other
instruments
evidencing loans
payable
in foreign
countries

Loans to banks and
trust companies
Commercial
paper
bought
in open
market

On
securities

All

other

Loans secured by
United
States
Government and
other
securities
(exclusive
of loans
to banks)

Real-estate l o a n s ,
mortgages, deeds
of trust, and other
liens on real estate

Memoranda

All other
loans, including reporting
banks' own
acceptances
On other purchased
or disreal estate counted

On
farm
land

g
O

Total

Loans
secured
by
United
States
Government
obligations

Total loans
eligible for
rediscount
with Federal reserve
banks, including
paper under
rediscount

O
O
S

CENTRAL RESERVE CITIES

New York. _.
Chicago

92,541
705

52,455
7,399

29,683
17,638

33,948
4,326

1,323,043
227,152

246
217

13,919
1,620

962,673
171,331

2,522, 210
444,327

62,664
4,549

239,373
48,224

93,246

Total central reserve cities

13, 702
13,939
27,641

59,854

47,321

38,274

1, 550,195

463

15, 539

1,134,004

2,966, 537

67, 213

287,597

47,145

14,409

26,408
115

9,566

4,728

5

1,681
2

25,841
1,375
120
2,757
2,124

23,69S
4,964
1,233
215
79
6
743
202

8,211
233
110
15
743
4
779
2,351
114
1,778
541
757
113
1,479
105
1,004

_

__
1,003

11

175

296

_

Houston




o
t=l

OTHER RESERVE CITIES

Boston
Brooklyn and Bronx
Buffalo. ..»
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
.
Charlotte
Atlanta. .
Savannah
Jacksonville
"Rirmingharn
New Orleans
Dallas. . .
El Paso
Fort Worth
Galveston .

3

110
824
1,638
1,675
250
130
100

8

3

105
186
796
10

337

940

295

212,742
9 295
1,292
148,892
118,350
21,694
34,909
8,870
2,549
14,591
12,932
4,512
8,562
6,346
28,356
2,905
11,349
2,421
25,428

3
6
160
25
109
390
9
- 274
698
134
713
16
318

60,918
1,096
84
17,072
1,520
81
2,640
397
492
560
1,308
1,922
1,360
344
2,080
392
1,078
340
2,945

229,200
13,852
866
206,178
70,090
17,360
40,586
15,081
7,595
31,889
29,199
10,029
23,750
17,591
51,099
8,108
26,408
10, 612
39,898

605,119
24,358
2,242
431,584
196,534
40,598
81,282
27,294
10,671
48,781
47,206
19,238
37, 504
25,729
83,916
11,752
41,045
13,834
70,828

2,038
24
1,444
1,331
48
239
63
83
180
211
41
8
38
1,121
83
38
23
1, 655 1

59,075
5,176
381
104,042
39,930
6,054
10,473
5,907
1,879
10,073
12,473
5,302
10,000
3,800
27,597
3,575
12,409
3,932
11,096

O

d
td
W

a
i

San Antonio.
Waco.
Louisville
Memphis
Nashville
Cincinnati
Cleveland...
Columbus
Toledo..
Indianapolis
Chicago
Peoria
Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Paul
Cedar Rapids
Des Moines.Dubuque
Sioux City
Kansas City, M o . _.
St. Joseph
St. Louis
Lincoln
Omaha
_._.
Kansas City, Kans..
Topeka
Wichita.—
—
Helena
_.
Denver
Pueblo
Oklahoma City
Tulsa.
Seattle.—
Spokane
Portland
Los Angeles
Oakland
San Francisco. _.
Ogden
Salt Lake City..
Total other reserve cities
Total all reserve cities
1

165

301
1

325
2,899

28

923
1,661
1,423
1,213

795
421
1,079
576
975
967

542
85
1,288
1,229
1,223
667
30
795

532
2,831
1,197
3,033
1,652
2,702
921
21
1,529
16
2,892
16
1,180
77
49
244
524
279
30
1,030
9
750

4,565
2,618
11,962
8,234
19,063
30,961
44,615
22,101
2,350
9,139
12, 690
8,168
80,802
5,562
47,503
29,122
16,136
5,258
8,820
1,470
1,143
15,423
2,318
53,534
3,041
10, 740
1,073
1,637
3,493
750
18,983
2,266
7,973
20,930
17, 620
2,756
9,885
98.142
8, 605
170, 869
903
5,704

1,857
247
65
3,632
572
2,573
807
118
581
115

417
555

1,264
301
946
82
19

700
802
30
622
1,029
1,140
16,248
803
285

19,041
5,096
20,788
12,008
23,704
14,128
21,201
15,435
3,253
35, 688
6,412
8,772

26,112
9,227
37,995
23,460
46,480
47,491
83,069
40,154
5,910
49,232
27,702
21,313
162,848
11,963
127,966
112,654
75,689
15,395
25,304
4,767

4,734
2,364
9,614
2,875
10,295
4,619
10,830
5,127
1,000
12,167
2,001
3,692
8,336
1,400
17,093
32,207
50,814
1,900
3,014
1,520
3,688
20,192
6,908
45,951
4,294
16,018
2,111
3,590
3,050
1,500
11,325
1,363
8,491
5,167
14,484
777
10,035
24,468
2,229
54, 724
1,140
3,594

242

840
30, 637
1,004
2,236
1,414
277
657
2,363
603
160
572
59
5,415
4
174
680
113
371
16
2,084
2
2,569
2,481
1,114
821
3,451
178,366
1,811
262,284
35
803

79,259

22, 520

128,210

64, 092

62, 578

1, 504,922

97,542

629,030

2,039,594

4,627,747

21,922

763,875

172,505

50,161

188,064

111,413

100,852

3, 055,117

98,005

644,569

3,173, 598

7, 594, 284

89,135

1,051,472

1,474
6,808
959
3,037
150

101
2,144

1,448
1,011
5,379
13,765
1,863
3,663
95
303
219
145
91
436
73

424

1,213
100

241
150

12

254

11,299

229
1,294

""I4,~866"

3,498

31
1,229
61
441
622
214
50
4
227

1,365
1,640
2,868
810
65
6,905

437
106
381
740

150

361
48
912

1,590
------

1,163
3,442
1,345
1,014
2,347

1,327
6
18
358
322
1,219
277
405
502
131
70
18
56
480
758
113
87
35
1,194
8
497
304
12
107
52
18.990
15
64,366

4,819
72,898
68.531
56.532
3,629
11, 232
2,289
4,547
43, 646
4,151
34,923
8,094
28,603
4,321
4,780
6,873
1,373
25, 593
1,898
34,971
27, 282
39, 944
9,216
19,923
129, 901
10,863
286, 927
2,549
8,389

65,267
13,235
112,967
15,432
46,576
7,898
6,971
13,040
2,335
51,348
4,674
48,175
51,074
60,807
14, 890
37, 313
439,821
21, 389
812, 335
3,496
16,095

Similar classifications of loans and discounts of national banks on Dec. 31,1930, Mar. 25 and Sept. 29,1931, appear in the appendix of this report.




196
1,029
973
576
119
530
111
363
24
872
180
38
647
65
233
652
678
152
78
132
123
1,105
65
341
23
352
88
136
93
3
570
12
498
138
468
3
139
794
4
609
43

Loans and discounts of national banks, June 80,

1981—Continued

OO

[In thousands of dollars]

Acceptanees
of other
banks
payable
in
United
States

Location

Notes,
bills, acceptances,
and other
instruments
evidencing loans
payable
in foreign
countries

Loans to banks and
trust companies
Commercial
paper
bought
in open
market

On
securities

All
other

Loans secured by
United
States
Government and
other
securities
(exclusive
of loans
to banks)

Real-estate l o a n s ,
mortgages, deeds
of trust, and other
liens on real estate

On
farm
land

Memoranda

All other
loans, including reporting
banks' own
acceptances
On other purchased
or disreal estate counted

Loans
secured
by
United
States
Government
obligations

Total loans
eligible for
rediscount
with Federal reserve
banks, including
paper under
rediscount

71,098
42,859
36, 515
265,702
32,800
177,413

652
163
181
735
385
804

9,714
6,191
6,664
35,254
5,572
18,305

Total

a
o

COUNTRY BANKS

Maine
New Hampshire
Vermont
Massachusetts
Khode Island
Connecticut. __ _

179

729

22,405

319

3,461

250,038

6,083

77,339

266,735

626,387

2,920

81,700

24
7

12,079
1,579
5,672
108
82

2,955
1,800
1,253
15

1,884
2,650
1,732
35
86

211,012
150,099
268,969
2,994
11,962

9,600
2,817
14,822
927
3,299

91,558
84,998
127,869
1,020
5,970

303,538
255,934
406,581
6,260
40,269

633,374
499,902
826,976
11,344
61,683

1,482
3,088
3,052
32
216

112,785
67,927
85,929
1,663
9,252

820

31

19,520

6,023

6,387

645,036

31,465

311,415

1,012, 582

2,033,279

2,422
312

24

79
795

525

619

1,137
326
1,043
256
130
40
2,222

1,016
507
12
31

4,346
982
664
674
826
1,335
2,771
134
671
1,236

43,795
31,714
8,527
8,331
7,189
5,811
9,407
5,163
7,096
20,867

7,290
1,374
2,165
1,516
3,138
1,081
3,974
3,484
4,870
11,443

14, 757
13,330
2,561
1,787
2,745
4,024
3,902
4,619
1,757
8,445

117,090
58,876
41,796
27,061
23,251
14,720
55,488
21,768
31,059
174,601

7,870
669~
1,490
282
476
361
235
658
35
24
1,237

277,556

124

_

Total Eastern States
Virginia
West ViFginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas

1
5

______

Total New England States
New York
„
New Jersey
Pennsylvania
Delaware
Maryland

4

724
25
71

...

2

1,115
1,581
5
12,517
4,334
2,853

2

_. _

.
. __
.




100
40

416
31
610

17
2,715

25,288
15,894
7,995
105,356
13,488
82,017

1,587
670
1,563
1,488
230
545

7,696
4,054
4,416
36,475
4,361
20,337

35,312
20,643
22,496
107,145
10,387
70,752

190,840
107,095
55,725
40,537
37,475
28,093
77,033
35,329
45,493
220,568 1

46,419
14,723
15,801
13,201
11,112
7,165
21,980
7,954
9,767
85,756

O
t1

1-3

W

a
d

13

Arkansas . . .
Kentucky
Tennessee
_

562

_

744

46
200

108
1,334

1,630

8,801

2,908

15,825

278

350

577

397

498
83

9,913
16,077
23,471

718,844

32, 512
96,254
98, 297
1,065,251

6,445

283,339

133,392
79,943
143,826
59,393
73, 773
62,167
62, 663
30,733

246,995
155,699
230,071
143,744
141,138
111, 702
88,578
50,936

2,901
2,685
1,283
447
523
1,685
382
354

36,801
36,657
52,296
13,911
28,379
34,965
35,275
12,148

4,810
20,840
18, 537
192,087

2,564
6,409
2,578

2,735
7,836
4,210

21,476
60,842
70,816

51,886

72, 708

14,439
10,822
15,104
5,090
6,803
10, 686
9,956
2,935

31,003
24,068
12, 694
27,439
11,234
8,325
4,753
4,763

671
1,226
572
452
441
142
18

3,929
2,526
689
346
487
1,119
801

66,955
34,995
50,414
49,107
44,100
25,453
8,337
10,108

5
445

14

18,685

3?872

10, 474

289, 469

75,835

124,179

645,890

1,168,863

10, 260

250, 432

1,171
801
1,541
779
1,593
65
389
227
397

17
29
10
70
86
31
30
36

299
484
585
460
207
413
76
65
444

2,885
3,525
1,554
7,550
6,660
2,638
7,601
1,399
8,712

4,277
2,273
2,650
4,425
1,041
747
2,662
765
3,701

2,456
1,229
896
2,505
831
647
1,756
1,450
3,226

26,624
25,802
50,134
59,391
20,644
15,108
29,910
11, 251
49,865

37,779
34,143
57,394
75,187
31,062
19,649
42,424
15,158
66,388

425
501
160
447
564
290
270
27
975

14,886
16,415
26,718
29,679
10,948
9,858
15,639
5,247
27,230

11

6,963

309

3,033

42,624

22,541

14,996

288,729

379,184

3,659

156,620

40

-

4
3

78

--

1,271
4,056
1,448
4,322
4,136
1,604
1,570

1
7

-

4
4

27
8
50

212
16
509

33

66

I

1,946
531
768
475
19
75
42

19
7

40
36

11,874
3,362
28 443
2,941
793
1,675
2,956

2,990
2,903
9 756
1,540
654
470
551

3,952
1,820
21 377
518
299
1,214
1,174

39,182
29,393
83,002
13,181
3,516
6,952
5,900

60,227
38,037
143,993
18, 754
5,281
10,345
10,667

450
97
252
69
2
7
25

9

3,856

144

879

51,944

18,864

30,354

181,126

287,304

902

15,691
9,585
20,645
6,645
1,794
1,073
2,134
57, 567

348

1,155

1,979

4

20,954

--

325

-_

_

Total Middle Western States

108
7

__..

North Dakota
South Dakota
Nebraska
Kansas
Montana

8

50

24
4

Colorado
New Mexico
Oklahoma

Total Western States
Washington
Oregon
- __California
Idaho
Utah
Nevada
Arizona—

39

164
618

1

Total Southern States
Ohio
Indiana
Illinois
Michigan
.
Wisconsin
Minnesota
Iowa __ _ _ _
Missouri

131

9
4

-_
_

_

__

Total Pacific States

3

88

_

-

128

421

Alaska (nonmember banks)
_ __
The Territory of Hawaii (nonmcmber
bank)_____
„. -_
._ .

500

Total United States




-

228

501

11,443

145

4,691

3,446

921

228

501

11,498

145

5,039

4,601

22, 933

4

2,035

1,700

81,151

13,803

40, 560

1,482, 596

206,819

636, 030

3,118, 507

5, 583, 201

32,060

1,107,214

174, 640

51,861

269, 215

125, 216

141,412

4, 537, 713

304,824

1, 280, 599

6, 292,105

13,177,485

121,195

W
o
o

o

E
w
o
d

2,158,686

Total (nonmember banks)
Total country banks

55

H

a

CO

50

REPORT OF THE COMPTROLLER OF THE CURRENCY

The percentage of loans and discounts of national banks in the
central reserve cities of New York and Chicago to the total loans and
discounts of all national banks on June 30, 1931, together with similar information in relation to banks in other reserve cities, etc., is
shown in the following statement, compared with like information
as of June 29, 1929, and June 30, 1930:
[In thousands of dollars]
Loans
Banks in—

June 29, 1929
Amount

Per cent

June 30,1930
Amount

June 30, 1931

Per cent

Amount

Per cent

New York

_

2,432,945

16.44

2, 837,537

19.06

2, 522, 210

19.14

Do_
Chicago—
Other reserve cities

} 2,952,066
-_ 5,115,355

19.95
34.56

3,418,923
5,072,460

22.97
34.07

2,966,537
4,627,747

22.51
35.12

All reserve cities..
8, 067,421
States (exclusive of reserve cities) — 6,733,709
14,801,130
Total United States

54.51
45.49

8,491,383
6,396,369

57.04
42.96

7,594,284
5,583,201

57.63
42.37

100.00

14,887, 752

100.00

13,177,485

100.00

COMPARATIVE CHANGES IN DEMAND AND TIME DEPOSITS, LOANS
AND DISCOUNTS, UNITED STATES GOVERNMENT AND OTHER
BONDS AND SECURITIES OWNED, AND THE AMOUNT OF RESERVE
OF NATIONAL BANKS WITH FEDERAL RESERVE BANKS SINCE JUNE
30, 1927

The amount and percentage of increase or reduction of demand
and time deposits, loans and discounts, United States and other bonds
and securities owned, and reserve of national banks with Federal
reserve banks on June 30 of each of the last five years are shown in
the following statement:
[In thousands of dollars]
Per
cent

June 30,
1927

Per
cent
increase

Per
cent
increase

Per
cent
increase

June 30, or de- June 29, orde- June 39, or de- June 30, or de1928
1931
1929
1930
crease
crease
crease
since
Juno
30,
1927

since
June
1928

since
June
29,
1929

since
June
30,
1930

10,923,72911,003,795 +0.73 10, 504 268 - 4 . 54 10,926,201 +4. 02 10,105,885 - 7 . 5 1
Demand deposits
. 24
Time deposits.
_ 7,315,624 8,296,638+13.41 8,317,095 +0.25 8,752,571 +5.24 8,579,590 -1.98
Loans and discounts L . 13,955,69615,144,995 +8.52 14,801,130 -2.27 14 887,752 +0.59 13,177,485 -11.49
other bonds, stocks,
etc., owned
6,393,218 7,147,448+11.80 6,656 535 -6.87 6,888,171 +3.48 7,674,837 +11.42
Reserve with Federal
1,406,052 1,453,383 +3.37 1,344 951 -7.46 1,421,676 +5.70 1,418,096 - 0 . 2 5
reserve banks
i Includes rediscounts and customers' liability under letters of credit.




51

REPORT OF THE COMPTROLLER OF THE CURRENCY

UNITED STATES GOVERNMENT SECURITIES OWNED BY NATIONAL
BANKS IN RESERVE CITIES AND STATES

The following statement shows a classification of United States
Government securities owned by national banks according to reserve
cities and States, June 30, 1931. (In the appendix of this report
appear also tables which disclose, by reserve cities and States, similar
classifications of United States Government securities owned by
national banks on December 31, 1930, March 25 and September
29, 1931.)
United States Government securities owned by national banks, June 80, 19S1
[In thousands of dollars]

Location

Bonds (including
Certificates
bonds de- Treasury of indebted
posited to
notes
ness
secure circulation)

Treasury
bills

Total

CENTRAL RESERVE CITIES

New York_
Chicago
Total central reserve cities..

474,928
53,771

87,150
1,123

36,061
36,191

137,598
5,198

735,737

528,699

88,273

72,252

142, 796

832,020

56,144
3,459
1,120
91,215
202,806
19,652
28, 376
1,942
1,423
21,793
4,194
19,432
8,193
6,284
14, 111
2,262
8,596
\ 935
20,026
4,529
2,951
10,772
1,828
4,037
12,310
11,153
5,758
2,167
10,199
3,861
10,512
24,191
2,233
13,001
28,052
16,279
2,078
1,770
451
3,159
13,868
1,449
24,268
2,556
5,772
2,029
5,272
481
1,406
23,893
1,079
3.423

1,601

40,086
160

10,996

108,827
3,619
1,120
115,880
210,135
19,974

96,283

OTHER RESERVE CITIES

Boston
Brooklyn and Bronx..
Buffalo-.
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
Charlotte
Atlanta
_
Savannah
Jacksonville
Birmingham ,
New Orleans
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco..
____
Louisville
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
_
Indianapolis
Chicago
Peoria
_
Detroit
Grand Rapids..
Milwaukee
,
Minneapolis..
St. Paul
Cedar Rapids
DesMoines..
Dubuque.
Sioux City
_
Kansas City, Mo
SteJoseph
St. Louis
...
Lincoln
._
Omaha
Kansas City, Kans.._
Topeka
Wichita
.....
Helena
Denver
Pueblo
-..-..
Oklahoma City



1,973
1,932
22
653
443
32
1,779

1,192
1,462
53

5,397
300
2,604
448
176
2,145
3,581
3,648
2,201
870
2,002

15
118
4,007
36
27
200
67
489
314
5,640
534
4,660
100
10
105
1
683
33
852
203
615
259
62
41
86

4,054
316
473

3,845
565
534

200

160

1, 333
236
235
11,794
401
22,424

400

119
190
4,288
760
5,747
701
3,592
120
155
4,610

200
2,300

8, 543

~1,~247"

""17356"

749

500

31,633
2,390
1,866
22,001
8,118
23,013
8,193
9,932
17,504
4,595
10,651
5,935
23,130
8,374
3,516
11,624
6,835
4,037
12,506
11,153
5,786
2,367
11,599
4,586
11,061
41,625
3,168
40,485
34,980
16,289
2,183
1,890
1,134
3,582
21,308
2,412
31,379
3,516
9,426
2,190
5,513
5,591
1,406

37,737
1,395
5,252

52

REPORT OF THE COMPTROLLER OF THE CURRENCY

United States Government securities owned by national hanks, June SO, 1931by

Continue'

Location

Bonds (in
eluding
bonds deposited to
secure circulation)

Certificates
of indebted-

Total

OTHER RESERVE CITIES—continued

Tulsa
Seattle
Spokane.
Portland
Los Angeles.
Oakland
San Francisco.
Ogden
_
Salt Lake City.

5,190
34,179
2,720
32,822
53,386

Total other reserve cities
Total all reserve cities

Maine
New Hampshire.
Vermont
Massachusetts.
Rhode Island
Connecticut,

7,555
9,952
5,445
41,325
5,623
24,524

10, 248
10,398
5,668
49,875
6,038
28,714

98,110
68,348
126,168
1,889
6,255

112,040
78,106
136,853
2,168
6,492

Total New England States

New York.
New Jersey.
Pennsylvania.
DelawareMaryland
Total Eastern States.
Virginia.
West Virginia.
North Carolina
South Carolina
Georgia.
Florida
Alabama
Mississippi
Louisiana.
Texas.
Arkansas
Kentucky
Tennessee.

24,408
14,768
6,636
5, 795
8,171
26,022
12,546
2,951
38,928
8,409
11,939
13,442

Total Southern States
Ohio.
IndianaIllinoisMichigan.
Wisconsin
Minnesota.
Iowa.
Missouri

46,559
30,972
50,735
21,619
24,181
24, 723
14,393
12,391

Total Middle Western States
North Dakota
South Dakota.
Nebraska
Kansas
Montana
Wyoming.
Colorado....
New Mexico.
Oklahoma

5,472
5,625
10,463
13,320
7,773
4,708
8,131
3,507
17,157

Total Western States,




1,412
2,460
4,948
3,708
1,516
2,265
1,161
1,180

48,201
35,559
59,988
26,330
26,697
27,457
16,085
14,075

REPORT OP THE COMPTROLLER OF THE CURRENCY

53

United States Government securities owned by national banks, June 30t 1981—

Continued
Bonds (including
bonds deposited to
secure circulation)

Location

Certificates
Treasury of indebtednotes
ness

Treasury
bills

Total

COUNTRY BANKS—continued

17,146
8,654
18,471
3,903
908
2,217
6,671

-_
. . . .

Total Pacific States
Alaska (nonmeniber banks)
The Territory of Hawaii
bank)

(nonmember

425
7
510

90

10
25
145

4,843

1,122

1,045

28

11

11

18,379
9,932
20,178
5,181
1,128
2,242
6,906
63,946
1,073

4,241

4,241

5,286

Total country banks..„

28

938,191

Total (nonmember banks)

Total United States

808
1,271
1,186
1,278
210

57,970

Washington
Oregon __
California
Idaho
Utah... .
Nevada
Arizona

79,928

29, 016

1,873

1,049,003

2, 571,165

209, 844

310, 003

165, 256

3, 256,268

5,314

INVESTMENTS OF NATIONAL BANKS

The tables following disclose a summary of the investments of
national banks in United States Government and other bonds and
securities held June 29,1929, and^June 30, 1930 and 1931, and a
detailed classification by reserve cities and Srfcates of bonds and securities other than United States owned on June 30, 1931. (In the
appendix of this report appear also tables which disclose, by reserve
cities and States, similar classifications of bonds and securities other
than United States owned by national banks on December 31, 1930,
March 25 and September 29, 1931.)
[In thousands of dollars]
June 29,
1929
Domestic securities:
State, county, and municipal bonds
Railroad bonds
_
„
Other public service corporation bonds
__
All other bonds
Stock of Federal Reserve Bank
Stock of other corporations
Collateral trust and other corporation notes
_
—
Municipal warrants
All other, including claims, judgments, etc
Foreign securities:
Government bonds
_
Other foreign securities, including bonds of municipalities, etc
Total
_
United States Government securities
Total bonds and securities of all classes

84644°




June 30,
1930

June 30,
1931

757,207
592,203
694,412
881,355
93,012
100,459
119,010
81,888
89,053

791,954

997,220
719,688

783,788
891,625
100,780
111,595
122,568
104,381
39,205

886,614
98,315
119,160
145,837
112,487
34,602

244,269
249,807

267,818
259,890

230,979
245,469

3,852.675
2,8031860

4,134,230
2,753,941

4,418,569
3,256,263

6,656,535

6,888,171

7,674,837

United States Government, domestic, and foreign bonds, securities, etc., owned by national banks June 80, 1981
[In thousands of dollars]
Foreign securities

Domestic securities

Location

United
States
Government
securities

Other
State,
public
county, Railroad service All other Stock of
Federal
and
bonds corpora- bonds
reserve
municition
banks
pal bonds
bonds

Collateral
Stock of trust and Municiother
other
pal
corpora- corpora- warrants
tion
tions
notes

All
other,
including
claims,
judgments,
etc.

Other
foreign
securities,
Govern- including
ment
bonds bonds of
municipalities,
etc.

Total
bonds,
stocks,
Total,
securities, etc., all bonds
and seother
curities
than
United
States

CENTRAL RESERVE CITIES

New York.
Chicago
Total central reserve cities.

735,737
96,283

70,528
13,603

141,376
5,645

54,987
6,183

81,378
19,429

23,602
2,162

25,802
2,904

34,806
1, 382

832,020

84,131

147,021

61,170

100,807

25,764

28,706 I

36,188

108,827
3,619
1,120
115,880
210,135
19,974
31.633
2,390
1,866
22,001
8,118
23,013
8,193

37,500
1,370
25
25,082
2,433
4,119
2,462
2,304
977
1,654
524
5,056
2,164
1,061
3,744
336
4,218
1,164
3,064
1,147
1,399
565
4,383
1.795

16,835
2,570
726
23,466
31,677
1,525
3,800
1,782

18,233
29,178
1,681
2,813
494
884
18.313
22,835
39,505
18,311
3,646
266
6,246
4,186
' 1,066 1,468
196
3,074
2,737
1,517
160
2,694
1,233
457
352
1,559
54
2,995
887
832
8
1,409
141
2,255
671
7,259
1,524
583
1,540
1,237
226
958
2,769
393

4,491
334
37
3,619
2,157
345
597
240
96
365
306
251
300
150
477
79
224
90
479
214
63
157
270
221

600
26,244
26,844

41,098
2,019

2,022

43,117

809

41,882

8,387
379
119
5,593
2,739
1,003
299
40

7,930
487
256
3,745
2,882
818
762

165
490
87
93
101
337

116
501
239
147
445
127
16
.

67
164
419
178
74
43
81
106

233
797
75
142
65
152
111

514,037
82,402

1,249,774
178,685

596,439 1,428,459

OTHER RESERVE CITIES

Boston
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore—
Washington
Richmond
Charlotte
Atlanta
Savannah
Jacksonville
Birmingham
New Orleans
_Dallas
_
El Paso
_
Fort Worth
Galveston
Houston
San Antonio
Waco
Louisville
Memphis
Nashville




17,504
4,595
10,651
5,935
23,130
8,374
3,516
11,624
5,835
4,037

-2,825
504
2,051
138
310
365
45
416
1,105
213
162
2,399
118
295

13,959

2,726

1,980
1,523
35
190
1,199
75
403
261
28
179
71
1,637
143
35
12
1,032
379
12

10,117
13,328
13,306
1,148
18

2,308
403

141
138
569
41

2,330

1,423

1,223
1,482
171
14
656
48
17
137
694
39

59

228
104
435
14
5
617

1,700
13

234
1,307

620
278

76
80
43
48
104

141,827
9,940
2,541
117,678
115,236
25, 063
19, 691
8,117
1,420
13, 890
4,444
12,490
5,282
3,751
13,229
3,026
6,509
5,148
16, 773
2,939
3,696
8,639
6,944
6,076

250,654
13,559
3,661
233,558
325,371
45,037
51,324
10,507
3,286
35,891
12,562
35,503
13,475
13,683
30, 733
7,621
17,160
11,083
39,903
11,313
7, 212
20,263
12,779
10,11S(

632
292
464

17,923
11,240
11,044
2,540
8,813
21,839
7,261
13,983
3,142
16,455
32,348
12,895
5,331
13,655
4,496
5,165
23,234
1, 708
49,207
4,854
23, 279
1,545
5,036
8,434
3,629
21,850
5,098
18, 284
13,914
21,379
4,158
36, 295
110,149
5,151
147,257
1,061
9,348

30,429
22,393
16,829
4,907
20,412
28,425
18,322
55,608
6,310
56,940
67,328
29,184
7,514
15,545
5,630
8,747
44,542
4,120
80, 586
8,370
32, 705
3,735
10, 549
14,025
5,035
59, 587
6,493
23, 538
19,138
61, 024
7,897
69,965
201, 704
8,496
346,028
2,245
14,037

12,506
11,153
5,785
2,367
11,599
4,586
11,061
41, 625
3,168
40,485
34,980
16,289
2,183
1,890
1 134
3,582
21,308
2,412
31,379
3,516
9,426
2,190
5,513
5, 591
1 406
37, 737
1,395
5,252
5,224
39,645
3,739
33, 670
91, 555
3,345
198, 769
1,184
4,689

4,911
1,182
2,571
152
1,897
5, 718
1,930
4,620
467
4,470
11,363
3,605
1,055
7,418
1 670
721
9,822
156
10, 792
739
7,744
554
3,659
5,704
6J3
8,498
1,497
9,523
4,390
5,423
739
14,130
65,308
4,149
97,965
44
3,930

2,267
1,521
1,579
978
337
2,982
1,367
578
335
1,604
8,099
1,822
212
661
682
482
2,561
204
3,6C9
332
6,033
37
75
401
668
2,344
693
375
384
5,352
736
5,014
2,986
106
4,720
144
1,125

2,294
542
1,380
463
1,559
4,441
1,448
1,586
976
2,407
3,879
872
1,877
1,482
927
622
1,370
229
5, 789
577
5,851
109
106
75
346
3,055
1,274
325
45
4,009
837
6,359
4,540
293
5,802
* 94
1,122

4,809
4,187
4,0S3
609
2,130
3,650
1,357
3,111
709
2,558
5,093
2.565
1,063
2,686
1,049
1,990
1,458
551
6,401
2,283
1,155
659
481
1,072
995
3,560
1,016
1,893
2,866
3,783
741
4,068
15, 255
271
23,352
284
1,215

409
333
300
60
339
279
204
840
90
632
593
348
56
126
30
55
344
61
695
57
240
39
48
111
25
310
53
261
258
517
71
318
2,123
116
4,213
18
96

6,519
28
15,025
30
41

20
50
1,299
1
2,548
344
^,164

2,135
25

58

53

Total other reserve cities._ 1,375,240
Total all reserve cities
2,207,260

417,675

156,822

160,660

235,928

30,230

58,420

59,843

29,692

7,175

46,726

54,178 1,257,349

2,632,589

501,806

303,843

221,830

336, 735

55,994

87,126

96,031

56, 536

7,984

89,843

96,060 1,853,788

4,061,048

10,248
10,398
5,668
49,875
6,038
28,714

1,874
654
819
5,821
1,194
6,407

6,442
2,730
3,275
17,232
1,487
10,271

19,088
7,879
6,849
53,398
6,585
12,776

11,632
3,953
4,607
30,564
2,890
7,907

408
327
257
1,790
308
1,256

421
454
135
1,923
342
593

1,491
304
1,440
2,311
841
I,223

31

110
3
21
126
235

4,358
931
2,678
7,416
590
2,845

3,978
1,240
2,193
9,644
987
4,336

49,833
18,475
22,455
130,392
15,249
47,849

60, C81
28,873
28,123
180,267
21,287
76,563

110,941

16,769

41,437

106,575

61,553

4,346

3,868

7,610

495

18,818

22, 378

284, 253

395,104

Cincinnati
Cleveland
_
Toledo
Indianapolis
_
_
Chicago
„
Peoria
Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Paul
Cedar Rapids
Des Moinos
Dubuoue
Sioux City. __ _
Kansas City, Mo
St. Joseph
St. Louis ___
Lincoln
Omaha
Kansas City, Kans
Topeka
Wichita
Helena
Denver...
„
_
Pueblo
Oklahoma City
Tulsa.
Seattle
Spokane
Portland
. _. .
Los Angeles
Oakland
San Francisco
Ogden
Salt Lake City
_

„__
___.

._

_ _
_

38
1,421

971
757

49
950
679
3
255
68
940
149
1
4
784
21

184
90
1,841

8
415
4
1,772
19

1,877
43
755
1,575
766
15
57
22
2,882
30
127
5
31
3
1,175
97
22

35
222

348
10
243
5
1,762
22
24
89
32
5
286
110
65
68
90
21
446
990
320
139
217
2,977
5,002
1,447
108
145
918
5
1,754

276
68
48
83
24
58
12
21
26
2
25
1,435
5
4
58
1
509
61
453
74
6
268
10
39
56
72

1, 557
783
667
45
285
791
305
269
167
684
1,299
743
174
268
112
552
642
274
1,295
376
778
63
148
49
344
225
124
527
795
547
430
2,133
4,378
84
3,326
68
455

950
1,042
589
521
258
585
1,839
1, 319
35
172
440
436
73
1,129
357
1,216
34
28
318
1,620
62
178
59
295
208
4,068
11,618
45
3,505
65
130

COUNTBY BANKS

Maine
.
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
_
Total New England States.




181
167
25
404

United States Government, domestic, and foreign bonds, securities, etc., owned by national banks June SO, 1931—Continued
[In thousands of dollars]
Domestic securities

Location

United
States
Government
securities

State,
county,
and
munici-

Other
public
Stock of
Railroad service All other Federal
corpora- bonds
bonds
reserve
tion
banks
bonds

Foreign securities

Collateral
Stock of trust and Municiother
other
pal
corpora- corpora- warrants
tions
tion

notes

All
other,
including
claims,
judg-

ments,
etc.

Total
bonds,
Other
stocks,
Total,
foreign
securi- all bonds
Govern- securities, ties, etc., and seincluding other
ment
curities
than
bonds bonds of United
municipalities,
States

etc.

COUNTRY BANKS—continued

New York
New Jersey ___
Pennsylvania.
Delaware
Maryland
Total Eastern States
Virginia
West Virginia.-.
North CarolinaSouth CarolinaGeorgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
Ohio
Indiana
Illinois
Michigan...
Wisconsin—.




112,040
78,106.
136,853
2,168
6,492

53,224
43,464
32,220
465
3,669

97,620
64,294
109,284
1,392
6,171

112,721
67,499
132,554
2,414
10,780

68,612
42,283
119,734
1,594
10,569

4,432
3,443
7,702
131
411

6,092
3,502
3,774
25
250

5,693
2,858
13,292
162
414

2,511
2,025
532
87
171

2,018
955
1,456
42
303

25,133
13,882
27,922
584
1,804

31,242
13,624
30,456
332
3,181

409,298
257,829
478,926
7,228
37,723

521,338
335,935
615, 779
9,39C
44,215

335,659

133,042

278,761

325,968

242,792

16,119

13,643

22,419

5,326

4,774

69,325

78,835 1,191,004

1, 526,663

25,512
15,355
7,264
6,428
8,560
29,625
13,480
3,105
4,738
42,610
9 348
12,741
14,124

6,329
3,202
4,953
4,199
1,107
11,411
6,895
8,580
5,065
14,994
6 125
1,784
3,073

2,219
2,985
261
600
679
2,085
1,838
389
399
1,703
825
2,952
718

3,100
4,515
384
754
1,298
2,751
2,464
579
827
2,299
803
5,041
1,200

7,723
7,278
1,390
3,233
1,379
2,633
5,505
1,661
1,710
9,794
3,217
6,541
2,924

1,321
725
435
288
354
429
669
241
293
2,001
262
674
642

854
982
220
313
252
1,370
337
176
620
709
43
137
662

1,735
242

611
51

41
502
59
320
238
96
628
4
135
5,035
605
1,147
1,022

205
489
166
23
160
182
719
167
250
1,464
626
721
325

1,454
1,879
109
250
375
943
799
440
151
841
391
1,379
1,280

192,890

77,717

17,553

26,015

53,888

8,324

6,675

3,735

9,832

5,397

10,291

48,201
35,559
59,988
26,330
26; 697

25,150
6,433
26,971
21,109
12,583

11,969
12,873
10,184
14,716
9,337
22,954
6,792
18,622
6,175 1 21,244

21,466
14,064
25,817
19,484
17,625

2,001
1,099
1,821
966
1,095 1

1,288
2,158
3,494
1,455
2,557 J

574
288
5,563
346
256

653
1,957
4,991
622
290

579
560
939
247
554

316
106
30
74
63
115
392

5,989
3,253
5,624
4,189
3,758 1

1,198
1,225
244
164
220
481
1,310
420
31
899
313
1,074
554

26,179
24,024
8,221
10,360
6,168
22,411
21,238
12,620
9,596
40,131
13,100
21,061
12,451

51,691
39,379
15, 485
16,788
14,728
52,036
34,718
15,725
14,334
82,741
22 448
33,802
26,575

8,133

227,560

420,450

6,392
2,902
5,534
4,368
3,746

88,934
57,614
112,945
78,190
69,883

137,135
93,173
172,933
104,620
96,680

Minnesota
Iowa
Missouri
.__
Total Middle Western
States
North Dakota .
South Dakota
Nebraska- .
Kansas
Montana
Wyoming
Colorado _
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada. _ _
Arizona
Total Pacific States
Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)

27, 457
16, 065
14,075

24, 383
7,425
9,062

8,519
4,268
1,800

10,711
9,180
3,877

19, 320
9,337
5,261

843
594
388

371
672
836

1.414
320
43

5,836
583
431

441
1,454
303

4,088
2,459
1,033

3,980
1,855
949

79,906
38,147
23,983

107, 363
54,212
38,058

254,372

133,116

59,044

114,177

132,374

8,807

4,758

12, 729

13,877

10,711

30,293

29,716

549,602

803,974

6,204
6,884
11,487
15,355
8,709
5,155
8,971
4,273
18,848

4,190
8,411
2,935
13,496
4,039
2,107
5,206
2,148
22, 600

1,440
858
1,323
578
2,847
244
1,394
175
273

2,648
1,903
2,207
927
2,973
439
2,705
267
875

4,359
4,643
5,332
2,934
4,524
1,642
6,361
3,301
3,864

231
222
390
596
215
119
310
91
535

16
33
35
229
14
14
465
22
175

357
190
513
201
209
232
22
118

1,114
1,066
487
2,299
1,491
369
1,129
62
11, 503

600
212
334
332
155
355
314
15
1,196

1,054
632
1,467
1,020
1,465
87
829
49
954

1,730
665
1,364
376
1,850
117
503
26
406

17, 739
18,835
16,387
22,987
19, 782
5,493
18,448
6,178
42,499

23,943
25,719
27,874
38, 342
28,491
10,648
27,419
10,451
61,347

85,886

65,132

9,132

14,944

35,960

2,709

1,003

1,842

19, 520

3,513

7,557

7,036

168, 348

254,234

18,379
9,932
20,178
5,181
1,128
2,242
6,906

12,535
7,807
40,096
1,932
315
2,461
1,859

4,127
815
3,324
638
76
261
198

3,852
1,643
10,860
736
115
238
138

6,022
1,956
10, 729
959
146
456
734

443
295
973
115
32
65
93

153
22
1,005
63
9
67
305

567
81
698
43
11

7

1,976
1,902
382
1,126
25
17
1,500

727
317
567
72
13
20
12

1,969
841
1,352
418
36
95
29

1,321
430
1,210
211
24
44
39

33, 692
16,109
71,196
6,313
802
3,724
4,914

52,071
26,041
91,374
11,494
1,930
5,966
11,820

63,946

67,005

9,439

17,582

21,002

2,016

1,624

1,407

6,928

1,728

4,740

3,279

136, 750

200, 696

64

32

1,073

73

97

166

200

1

4,241

2,560

382

941

2,110

462

5,314
Total (nonmember banks).
1,049,008
Total country banks

2,633

479

1,107

2,310

463

495,414

415,845

606,368

549,879

42, 321

32,034

49,806

55,951

26,618

Total United States

997,220

719,688

828,198

886, 614

98,315

119,160

145,837

112,487

34,602




3,256,268

1-3

W

Q

o
g
H

W
O

702

1,775

ft

6,562

10,803

o

7,264

12, 578

141,136

149,409 2,564, 781

3, 613, 789

230,979

245,469 4,418,569

7,674,837

5

64

59
64

o

48

64

112

32

W
o

i
Q

58

BEPOET OF THE COMPTKOLLEE OF THE CURRENCY

PER CAPITA DEMAND AND TIME AND SAVINGS DEPOSITS IN ALL
REPORTING BANKS

Statement showing the population, amount of demand and time
deposits, per capita demand and time deposits, amount of savings
deposits, and per capita savings deposits reported by all banks in
each State, the District of Columbia, Alaska, and insular possessions
follows:
Per capita demand and time and savings deposits in all reporting hanks June SO,
1931
Population
(approximate)

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

—

-

Total New England States

8,225,000

—

-

„_

_

Total Middle Western States
_
>
_

Total Western States

6,562,387

$406.82
488.70
549.75
658.11
554.85
573.13

...

797.86

4,884,154

593.82

12,756,000
4,109,000
9,700,000
240,000
1,645,000
491,000

14,740,268 1,155.56
535.84
2,201,773
485.41
4,708,443
596.42
143,141
476.95
784,587
518.99
254,825

6,894,984
1,363,319
2,715,553
63,774
498,831
110,003

540.53
331.79
279.95
265.73
303.24
224.04

22,833,037

788.95

11,646,464

402.42

430,116
280,580
249,132
132, 744
272,121
193, 567
200,150
147,300
359,213
853,858
135,293
360,800
340,447

177.00
160.42
77.44
78.16
93.54
128.53
74.99
72.70
169.04
144.40
72.66
137.19
129.05

242, 704
137,889
108, 818

99.88
78.84
33.83
33.61
40.84
38.07
31.54
34.84
65.91
35.29
28.12
65.75
58.34

3,955,321

118.36

1,606,780

48.08

6,714,000
3,262,000
7,718,000
4,931,000
2,962,000
2,577,000
2,476,000
3,646,000

2,327,687
674,870
2,927,518
1,718,427
844,171
857,410
698,372
1,082,445

346.69
206.89
379.31
348.49
285.00
332.72
282.06
296.89

1,325,669
338, 733
1,217,661
991,102
487, 725
488,591
408,093
221,361

197.45
103.84
157.77
200.99
164.66
189.60
164.82
60.71

34,286,000

-

Total Southern States

North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

$325,454
228,222
197,910
2,816,732
385*069
930,767

33,417,000

Total Eastern States.-

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

$501.48
572.64
617.15
915.07
735.37
766.46

2,430,000
1,749,000
3,217,000
1,743,000
2,909,000
1,506,000
2,669,000
2,026,000
2,125,000
5,913,000
1,862,000
2,630,000
2,638,000

-

-

$401,187
267,422
222,174
3,916,520
510,348
1,244,736

Per capita savings deposits

28,941,000

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia

Virginia...
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
_
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

800,000
467,000
360,000
4,280,000
6§4,000
1,624,000

Per capDemand
ita deSavings deand timel
mand
posits a (000
deposits
omitted)
and time
(000 omitted) deposits

11,130,900

324.65

5,478,935

159.80

683,000
697,000
1,384,000
1,889,000
537,606
228>000
1,043,000
428,000
2,424, 000

90,362
110,462
305,761
331,619
124,818
53,176
256,718
36, 726
332,077

132.30
158.48
220.93
175. 55
232.17
233.23
246.13
85.81
137.00

47,044
46,299
117,878
87,717
54, 763
21,642
106, 007
9,185
78,340

66.43
85.17
46.44
101.86
94.92
101.64
21.46
32.32

9,313,606

1,641,719

176. 27

568,875

61.08

118,801
57, 337
84,177
70,587
140,053
208,652
52,367
172,914
153,897

* Includes postal savings, Christmas savings, and other savings reported in column 4.
* Represents deposits evidenced by savings pass books and time certificates of deposit. (Does not include
postal savings or Christmas savings accounts.)




REPORT OF THE COMPTROLLER OP THE CURRENCY

59

Per capita demand and time and savings deposits in all reporting banks June SO,

1981—Continued
Population
(approximate)

Location

Washington
Oregon
California
Idaho
Utah
Nevada
Arizona

__

-.

_

_.

Total possessions
Total United States and possessions




Savings deposits (000
omitted)

Per capita savings deposits

1,579,000
967,000
5,848,000
446,000
512, 000
92, 000
443,000

$424,867
238,842
3,174, 009
73,632
120, 517
36,183
68,995

$269.07
246. 99
542. %5
165. 09
235. 38
393. 29
155. 74

$221,064
114,167
1,870,311
28, 821
74,396
19,160
26,809

$140.00
118.06
319.82
64.62
145.30
208.26
60.52

9,887,000

_._

Total Pacific States.
Alaska
_
The Territory of Hawaii
Porto Eico
Philippines

Per capDemand
ita deand time
mand
deposits
(000 omitted) and time
deposits

4,137,045

418.43

2,354, 728

238.16

59,800
382, 394
1,573,700
12,420,366

10, 827
91,436
39, 005
83,894

181. 05
239.11
6.75

5,281
42, 904
14, 634
31,194

88.31
112.20
9.30
2.51

14,436,260

225,162

15.60

94, 013

138,505,866

50,485,571

364.50

26,633,949

24.79

6.51
192. 29

Savings deposits and depositors in all reporting banks in the United States and possessions, according to class of banks, on or about June SO, 1981
[Deposits in thousands of dollarsi
State (commercial) banks
Location

Deposits
evidenced Time cerby savings tificates of
pass books deposit

Private banks

Loan and trust companies

Deposits
Total
evidenced Time cersavings1 Depositors 2 by savings tificates of
deposits
pass books deposit

Deposits
Total
evidenced Time cersavings Depositors 2 b y savings tificates of
deposits *
deposit
pass books

Total
savings Depositors a
deposits*

f

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

116,019
_
k

Total New
States

England

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia

_

Total Eastern S t a t e s Virginia.
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

„

__

Total Southern States..




161

161

161

728

»65,523
219,829
156,488
144,989

26,873
33,706
8,446

117,875
56
65,523
246,702
190,194
153,435

1,856
56

286,768
*132,368
485,588
196,597
439,421

1,021

21

1,042

3,952

161

728

702,848

70,937

773,785

1,540,742

1,021

21

1,042

3,952

156,904
37,235
218,195
7,626
73,533

603
953
17,512
255
2,441

157,507
38,188
235,707
7,881
75,974

454,983
94,851
528,235
16,200
231,129

647,361
507,002
754,958
19,158
110,693
27,692

2,313
16,074
122,341
240
9,551
1,125

649,674
523,076
877,299
19,398
120,244
28,817

1,459,105
1,136,624
1,654,950
60,460
307,448
75,052

6,693
2,110
1,635

169

6,862
2,110
1,635

6,246
5,252
4,675

493,493

21,764

515,257

1,325,398

2,066,864

151,644

2,218,508

4,683,639

10,438

169

10,607

16,173

75,703
48,836
46,473
25,595
24,972
9,819
3 23,268
21,362
87,398
13,283
15, 745
41, 028
33, 517

25,512
22,533
27,205
6,624
19,343
4,014

296,454
185,598
* 247,911
70,922
103,909
35,455
53,504
* 47,969
< 174,796
81,094
40,824
261,767
110,761

2,816

1,854

4,670

10,679

17

17

22,601
29,398
27,471
13,561
60,405
31,390

101,215
71,369
73,678
32,219
44,315
13,833
23,268
43,963
116,796
40,754
29,306
101,433
64,907

466,999

290,057

757,056

1,710,964

3 185

185

929

I

2,816

1,854

4,670

10,679

185

17

202

929
• •

=

3

Ohio
Indiana.
__ .
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western
States
North Dakota
South Dakota
_ _
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western StatesWashington
Oregon
California _
Idaho
Utah
Nevada.. .
Arizona
Total Pacific States
Alaska
The Territory of Hawaii
Porto Rico
Philippines
_
_
Total possessions
_
Total United States
and possessions

795,237
37, 987
804,881
584,910
132, 630
59, 052
26, 786
31, 627

140,985
43, 531
158, 638
118,886
140, 720
111, 859
59,101

2,473,110

773,720

3,246,830

1,773
4,663
7,315
8,622
13,858
4,478
7,569
812
4 4,075

14,940
16,917
52,462
32,284
9,837
4,638
4,200
656
4 10,916

16,713
21,580
59, 777
40,906
23,695
9,116
11, 769
1,468
14,991

15,494
33,587
74,965
112,968
36, 618
16,106
4 18,827
3,133
* 23,134

53,165

146,850

200,015

334,832

4 52, 774
23, 279

4 15,977
6,692

68, 751
29,971

4198, 693
94,164

8,687
40,812
6,300
17, 612

6,224
6,210
2,394

14,911
47,022
6,300
20,006

41,526
137,920
10,828
42, 714

149,464

37,497

936,222
2,197,587
81,518
*124,185
963,519
3,517,563
703, 796 *.« 1,870,293
273,350
832,914
170,911
2S6,803
85,887
4 107,354
31, 627
213,066
9,149.765

3,214
5,162

5,618
6,196

10,911
4 3,380

<.5 io7 741
16,968
61, 689
4 18,539
409, 676

1,180

150

1,330

5,384

847

2,915

3,762

3,877

221,459

718,946

5,465

11,441

16,906

23,552

158
671

617
1,567

841
3,287

14

402

416

225

161

1,199

1,360

6,751

4
28

114
104

118
132

49
320

11,353
990

509
268

11,862
1,258

*28,241
3,070

3 17

17

13,861

2,803

16,664

42,190

637

683

3 204

204

781
185

98

879
185

12,165
546

966

302

1,268

12, 711

23,255

84,841

* 201,333

1,112
4, 642
18, 709
3,837
90, 530

2,930
3,504
9,281
2,073

4,042
8,146
27,990
5,910
90, 530

180,416

41,043

461
896

o

1-3

W
Q
46

594

o
CD

186,961

525,845

3,081
20,351
13,716
24, 668

456
10,000 |
918
6,526

3.537
30.351
14,634
31,194

61,816

17,900

79,716

1,287,788

4,985,996

13,329,564

F
F
t=l

282,032

3, 698, 208

F

5,075
104,995
63,902
108,060

i Excludes postal savings and Christmas savings accounts, etc,
* Eepresents number of savings pass-book accounts.




2,404
1,034

61,586

= = = = =

M
_

2,967, 771

268,583

.

.___

3,236,354

7,008,907

3
All time deposits.
' Estimated.

17,155

12,285

29,440

s September 29,1931.

45,200
4

Savings deposits and depositors in all reporting banks in the United States and possessions, according to class of banks, on or about June 80,

1931—Continued

to

[Deposits in thousands of dollars]
Stock savings banks
Deposits
evidenced Time cerby savings tificates of
deposit
pass books

Location

Mutual savings banks

Deposits
Total
evidenced Time cersavings Depositors 2 by savings tificates of
deposits i
deposit
pass books

_

Total Eastern States....

__ _
. _

26,219

26,219

39,549

22,184

2,608

24,792

142,162

48,403

2,608

51,011

181,711

33
4,325
874

420

33
4,325
1,294

420

5,652

223,718
315,441
» 103,706
2,938,298
197,003
929,362

233,323
203,716
156,162
2,378,863
332,484
828,232

3,428,750

4,707, 528

5,161, 358
298,337
526,736
27,104
212,928

5,161, 358
298, 337
526,736
27,104
212,928

6,226,463

6,226,463




o

w

4,132,780

70,958

4,203,738

6,252,950

5,972, 316
870,903
1,501, 524
53,888
397,154
49,876

3,085
17,027
139,853
495
11,992
3,733

5,975,401
887, 930
1, 641,377
54,383
409,146
53,609

7,602,171
1,762,220
2,801,935
115,861
865,104
217,214

O

8,845,661

176,185

9,021,846

13,364,505

H

25, 512
22, 533
27,205
6,624
19,360
5,868
23,021
29,398
27,471
13,561
60,405
31,390

101,215
71,369
73,678
32,219
44,332
18,536
27,778
45,257
116,796
40,754
29,306
101,433
64,907

296,454
185,598
247,911
70,922
103,909
49,934
115,269
49,931
174,796
81,094
40,824
261,767
110,761

475,232
•

510,486
315,441
236,074
3,423,886
394,328
1,372,735

75, 703
48,836
46,473
25,595
24,972
12,668
27,778
22,236
87, 398
13, 283
15, 745
41,028
33, 517

66,598

26,873
33,706
8,467

235,179
203,772
156,162
2,405,736
366,190
836,699

7,157,584

-.. - . .

Total Southern States..

Tota
savings Depositors 3
deposits 1

B

5,681,837
485,944
614,075
49,201
326,527

3,800
60,836
3 1,962

5,232

117,304
203,716
90,639
2,159,034
175,835
682,222

3,428, 750

England

New York
New Jersey . .
Pennsylvania
Delaware
.
Maryland
District of Columbia

Virginia
West Virginia
North Garolina
South Carolina
Georgia. .
Florida
Alabama
Mississippi
Louisiana
Texas. .
Arkansas
Kentucky
Tennessee

Deposits
Total
evidenced Time cersavings Depositors * by savings tificates of
deposits *
deposit
pass books

117,304
203,716
90,639
2,159,034
175,835
682,222

Maine
New Hampshire
Vermont
-»
Massachusetts
Ehode Island
Connecticut
_
Total New
States

Total all banks other than national

292,348

767,580

1,789,170

1,856
56

O
O

g
H
W
O

w
o
w

I

15,746

1,015

16,761

19,850

- -

126,302

84,443

210,745

3 366,220

142,048

85,458

227,506

386, 070

Total Middle Western
States
North D a k o t a .
South Dakota
Nebraska
Kansas.., _
Montana
Colorado.
New Mexico
Oklahoma _

7,755
67,014

3

7,755
67,017

19,081
106,856

217,343

426

217,769

308,235

„ . - _ .
_>_.-__
__

2,040

2,040

6,776

-

- - . .

Total Western States
Washington
Oregon..
_____>.
California

Idaho
Utah
Nevada
Arizona
Total Pacific States
Alaska
.
_The Territory of Hawaii
Porto Rico
Philippines.Total possessions
Total United States
and possessions

2,040

2,040

6,776

96
719,420

368

464
719,420

1,184
1,249,353

11,574
4,341

77

11,651
4,341

445

735,876

1,277,423

933,154

88, 931

1,022,085

1,918,578

i Excludes postal savings and Christmas savings accounts, etc.




57,521

3 94, 711

88,722

86,722

70,198

144, 243

144, 243

164,909

22,699
4,187

735,431

57,521

10,016,799

426

10, 017, 225 12,338,256

2,351,680
368,014
3,517,563
1,906,268
868,963
455,348
495,990
622,742

3,018,382

912,088

3,930,470

10,586,568

15,096
17,990
52,462
33,597
9,941
4,638
4,709
941
10,916

17,330
23,563
61,817
42,384
23,827
9,116
23, 631
2,743
14,991

16,335
37,099
81,741
119,768
36,938
16,106
47, 068
6,203
23,134

69,112

143,182
3|39,116

1,060,954
196,438
963,519
725,929
289,251
265,918
306,304
122,157

150,290

219,402

384,392

110, 295
23,375
806,142
8,687
53,167
10,826
17,612

16,181
7,060

2,394

126,476
30,435
806,142
14,911
59, 552
10,826
20,006

293,404
95, 348
1,319, 551
41, 526
172, 784
15, 561
42, 714

1, 030,104

38, 244

1,068, 348

1,980,888

456
10,000
918
6,526

3,537
30, 351
14,634
31,194

5,075
104,995
63,902
108,060

61,816

._«-___

Minnesota
Iowa

119,114
23,883

144,622
71,948
158,638
122,981
144,224
121,143
148,532

3,081
20,351
13, 716
24,668

Illinois
Michigan

423

916,332
124,490
804,881
602,948
145,027
144,775
157,772
122,157

2,234
5,573
9,355
8,787
13,886
4,478
18, 922
1,802
4,075

118,691
23,883

Ohio

17,900

79,716

282,032

17,633,087

1, 658,013

19,291,100

34,640,505

* Represents number of savings pass-book accounts.

6,224
6,385

8
1-3

W
o
o
g

•xi
Hi

f-3

W

S
3

a Estimated.

CO

Savings deposits and depositors in all reporting banks in the United States and possessions, according to class of banks, on or about June SO,

1981—Continued
[Deposits in thousands of dollars]
National banks
Location

Maine.—
New Hampshire..
Vermont
Massachusetts
Ehode Island
Connecticut

Deposits
evidenced Time cerby savings tificates of
pass books deposit
87,428
23,003
40,692
324,332
13,749
80,582

Total New England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia..
Total Eastern States...
Virginia
West Virginia
North Carolina
South Carolina . .
Georgia
Florida
_
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky.Tennessee
Total Southern States..




2,847
1,447
1,056
86,664
5,130
13,486

Deposits
Total
evidenced Time cersavings t Depositors2 by savings tificates of
deposit
deposits
pass books
90,275
24,460
41,748
410,996
18,879
94,068

Total all reporting banks

All banks other than national

156,334
56,487
83,763
733,986
14,777
184,858

203,716
156,162
2,378,863
332,484
828,232

26,873
33,706
8,467

1,856
56

Deposits
Total
evidenced Time cersavings Depositors by savings tificates of
deposits i
pass books deposit
235,179
203,772
156,162
2,405,736
366,190

Total
savings Depositors *
deposits i

315, 441
236,074
3.423,886
394,328
1,372,735

320,751
226,719
196,854
2,703,195
346,233
908,814

4,703
1,503
1,056
113,537

325,454
228,222
197,910
2,816,732

21,953

930,767

666,820
371,928
319,857
4,157,872
409,105
1,557,593

510,486

110,630

680,416

1,230,225

4,132,780

70,958

4,203,738

6,252,950

4,702,566

181,588

4,884,154

7,483,175

826,728
461,126
928,913
9,199
86,234
51,072

92,855
14,263
145,263
192
3,451
5,322

919,583
475,389
1,074,176
9,391

2,063,418
1,034,253
1,971,568
11,690
132,024
107,838

5,972,316
870,903
1,501,524
53,888
397,154
49,876

3,085
17,027
139,863
495
11,992
3,733

5,975,401
887,930
1,641,377
54,383
409,146
53,609

7,602,171
1,762,220
2,801,935
115,861
865,104
217,214

6,799,044
1,332,029
2,430,437
63,087
483,388
100,948

95,940
31,290
285,116
687
15,443
9,055

6,894,984
1,363,319
2,715,553
63,774
498,831
110,003

2,796,473
4,773,503
127,551
997,128
325,052

2,363,272

261,346

2,624,618 5,320,791
,
295,577
141,489
153,596
66,620
84,581
35,140
26,365
60,664
74,469
254,121
139,703
135,626
39,464
25,330
34,498
23,257
307,031
167,898
35,519
23,061
19,598
71,481
170,590
88,990

8,845,661

176,185

9,021,846 13,364,505 11,208,933

437,531 11,646,464

18,685,296

46,473
25, 695
24,972
12,668
27,778
22,236
87,398
13,283
15,745
41,028
33,517

23,021

242,704
137,889
108,818
58,584
118,801
57,337
84,177
70,587
140,053
208,652
52,367
172,914
153,897

592,031
339,194
332,492
131,586
358,030
189,637
260,895
89,395
209,294
388,125
76,343
281,365
281,351

l,V30,568

475,232

1,606,780

3,519,738

108,090
49,732
20,796
22,751
61,161
34,071
48,713
15,843
16,718
141,388
•15,067
42,660
51,204

33,399
16,788
14,344
3,614
13,308
4,730
7,686
9,487
6,539
26,510
7,994
28,821
37,786

628,194

211,006

56,394

839,200

75, 703

27,471
13,561
60,405
31,390

101,215
71,369
73,678
32,219
44,332
18,536
27,778
45,257
116,796
40,754
29,306
101,433
64,907

296,454
185, 598
247,911
70,922
103,909
49,934
115,269
49,931
174,796
81,094
40,824
261,767
110,761

67,269
48,346
86,133
46,739
76,491
38,079
104,116
154,671
30,812
83,688
84,721

58,911
39,321
41,549
10,238
32,668
10,598
7,686
32,508
35,937
53,981
21,555
89,226
69,176

292,348

767,580

1,789,170

1,103,426

503,354

25,512
22,533
27,205
6,624
19,360
5,868

183,793

Ohio
Indiana _ __
Illinois
Michigan
Wisconsin
Minnesota. _ _
Iowa
Missouri
..
Total Middle Western
States
North Dakota
South Dakota _
__ _
Nebraska
Kansas
Montana
Wyoming
Colorado
__
_
New Mexico
Oklahoma.Total Western States..
Washington
Oregon
-. . -

California
Idaho

„

Utah
Nevada -.
- .Arizona
Total "Paciflc States
Alaska
The Territory of Hawaii
Porto Rico

191,191
90,548
178,016
219, 402
126, 386
137, 210
55, 260
66,684

73, 524
51, 747
76,126
45,771
72, 088
85,463
46, 529
32, 520

264, 715
142,295
254,142
265,173
198,474
222, 673
101, 789
99,204

516,771
307,748
862,768
503,600
490, 329
470,149
202, 555
256,446

916, 332
124,490
804,881
602,948
145, 027
144, 775
157, 772
122,157

144, 622
71,943
158,638
122,981
144,224
121,143
148,532

1, C60, 954
196,438
963,519
725, 929
289, 251
265, 918
306,304
122,157

2, 351,680
368,014
3,517, 563
1,906,268
868,963
455, 348
495,990
622,742

1,107, 523
215, 03S
982,897
822, 350
271,413
281,985
213, 032
188, 841

218,146
123, 695
234, 764
168, 752
216, 312
206, 606
195, 061
32, 520

1,325, 669
338, 733
1,217,661
991,102
487, 725
488, 591
408, 093
221, 361

2,868,451
675, 762
4,380,331
2,409,868
1,359, 292
925,497
698,545
879,188

1, 064,697

483, 768

1, 548,465

3,610,366

3,018,382

12,923
7,752
25,404
18, 780
19, 206
7,560
70,282
< 3,738
37,186

16, 791
14,984
30, 657
26, 553
11, 730
4,966
12, 094
2,704
26,163

29, 714
22, 736
56,061
45,333
30,936
12, 526
82,376
6,442
63,349

202,831

146,642

349,473

80, 307
72, 526
1, 004, 906
9,346
10,051
7,663
6,118

14,281
11, 206
59, 263
4,564
4,793
671
685

94,588
83,732
1,064,169
13,910
14,844
8,334
6,803

1,190,917

95,463

1,286,380

1,464
10,153

280
2,400

11,617
6,031,314

912,088

3,930,470

10,586,568

4,083,079

•1, 395,856

5,478,935

14,196,934

2,234
5,573
9,355
8,787
13,886
4,478
18,922
1,802
4,075

15,096
17,990
52,462
33,597
9,941
4,638
4,709
941
10,916

17,330
23, 563
61,817
42,384
23,827
9,116
23,631
2,743
14, S91

16,335
37,099
81,741
119,768
36,938
16,106
47,068
6,203
23,134

15,157
13,325
34,759
27,567
33,092
12,038
89, 204
5,540
41, 261

31,887
32,974
83,119
60,150
21,671
9,604
16, 803
3,645
37,079

47,044
46, 299
117,878
87,717
54,763
21,642
106,007
9,185
78,340

68,438
76,885
247,550
219,797
82,826
36, 571
222,997
19,104
141,533

731,309

69,112

150,290

219,402

384,392

271,943

296,932

568,875

1,115, 701

220,133
201, 721
1,977,280
28, 953
31,823
9,897
100,315

110,295
23,375
806,142
8,687
53,167
10,826
17,612

16,181
7,060

2,394

126,476
30,435
806,142
14, 911
59,552
10,826
20,006

293,404
95,348
1,319,551
41, 526
172,784
15,561
42, 714

190,602
95,901
1,811, 048
18,033
63,218
18,489
23,730

30,462
18,266
59, 263
10, 788
11,178
671
3,079

221,064
114,167
1,870,311
28,821
74,396
19,160
26,809

513,537
297,069
3,296,831
70,479
204,607
25,458
143,029

2., 570,122

1,030,104

38,244

1,068,348

1,980,888

2,221,021

133,707

2,354,728

4, bbi, 010

1,744
12,553

2,672
48,975

3,081
20, 351
13, 716
24, 668

456
10,000
918
6,526

3,537
30, 351
14,634
31,194

5,075
104,995
63,902
108, 060

4, 545
30, 504
13, 716
24,668

736
12,400
918
6,526

5,281
42,904
14,634
31,194

7,747
153,970
63,902
108, 060

2,680

14,297

51, 647

61,816

17, 900

79, 716

282,032

73,433

20, 580

94,013

333,679

1,311,535

7,342,849

15,245,028

17,633,087

1, 658,013

19, 291,100

34,640,505

23,664,401

2, 969, 548

26,633,949

49,885,533

52,103 ~~
39, 786
165,809
100,029
45,888
20,465
175,929
12,901
118,399

Philippines. _

Total possessions
Total United States
and possessions

i Excludes postal savings and Christmas savings accounts, etc




6,224
6,385

2

Represents number of savings pass book accounts.

66

EEPORT OF THE COMPTROLLER OF THE CURRENCY
EARNINGS, EXPENSES, AND DIVIDENDS OF NATIONAL BANKS

A comparative statement of the earnings, expenses, and dividends
of national banks for fiscal years ended June 30, 1930 and 1931, and
statements showing the capital, surplus, and the earnings, expenses,
etc., of these associations in reserve cities and States and Federal
reserve districts June 30, 1931, follow. (Similar tables for the
6-month periods ended December 31, 1930, and June 30, 1931, are
published in the appendix of this report.
Earnings, expenses, and dividends of national banks for the fiscal years ended June
SO, 19S0 and 1931
[In thousands of dollars]
June 30, 1930 June 30,1931
(7,252 banks) (6,805 banks)
Capital stock
Surplus
_
_
Dividends declared
Gross earnings:
Interest and discount on loans
Interest (including dividends) on investments
Interest on balances with other banks
Domestic exchange and collection charges
Foreign exchange department
__
Commissions and earnings from insurance premiums and the negotiation
of real-estate loans
—
Trust department
._
—
Profits on securities sold
Other earnings—

Net earnings—
Eecoveries on eharged-off assets:
Loans and discounts
Bonds, securities, etc
Allother

-

_

_

~—

Total
Losses and depreciation charged off:
On loans and discounts
On bonds, securities, etc.
On banking house, furniture and fixtures
On foreign exchange
Other losses
*.

___

,

Total
Net addition to profits
Ratios:
Dividends to capital *
Dividends to capital and surplus *
Net addition to profits to capital*
Net addition to profits to capital and surplus 1
i Capital and surplus as of end of fiscal year.




_

_

per centdo
_
do
do

1,308,764

276,089
27, G71
42,119
128,719
287,184
66,123
171,161

275,593
9,018
46,115
106,268
288,074
64,140
158,816
948,024
360,740
16,606
9,350
9,356
396,052

103,817
61,371
28,803
268
19,376

186,864
119,294
18,448
221
18,684

213,635

_

732
26,688
50,342
90,224

459,896

,

Total

868
22,765
41,733
104,144

15,680
7,195
8,746

_

761,889
320,076
28,346
15,205
15,262

428,275

__,
,

903,858
299,042
23,140
18,256
13,535

999,066

_

1,687,663
1,493,876
211,301

1,427,341

Total
Expenses paid:
Salaries and wages
Interest and discount on borrowed money
Interest on bank deposits.Interest on demand deposits.Interest on time deposits
Taxes
Other expenses—
-

1,743,974
1,591,339
237,029

343,511
52,541

246,261
13.59
7.11
14.12
7.38

.

12.52
6.64
3.11
1.65

Abstract of reports of earnings, expenses, and dividends of national banks for the year ended June 80, 1931 1
{In thousands of dollars]
Gross earnings

Number of
banks

•__._

-

_.

Capital

Surplus

Capital
and surplus

47
54
45
140
9
10
61

Location

Maine
New Hampshire
Vermont
Massachusetts
Boston...
Rhode Island
Connecticut

Interest Inter(includInterest ing divi- est on
baland dis- dends)
ances
count
with
on
on loans investother
banks
ments

Commissions and
earnings
Domesfrom intic exForeign surance Trust Profits
on
change exchange premi- depart- securiand col- depart- ums and ment
ties
lection
ment
the negosold
charges
tiation of
realestate
loans

6,870
5,540
5,260
30,451
84, 785
4,520
21,312

5,152
3,105
27,439
56,300
5,730
20,297

13, 530
10,692
8,365
57,890
141,085
10,250
41, 609

4,082
2,490
2,238
14.788
28,441
1,723
10,400

3,310
1,392
1,480
9,006
7,730
913
3,239

110
65
33
290
1,310
29
183

34
29
20
197
108
9
79

Total New England States
New York
Brooklyn and Bronx
Buffalo
New York City,_____—
New Jersey
Pennsylvania
._
Philadelphia
___
Pittsburgh
Delaware
Maryland
Baltimore
_
Washington, D. C

_
...
...

Total Eastern Statss
Virginia 2__
West Virginia
North Carolina. _.
Charlotte
See footnotes at end of table,




124,683

283,421

64,162

27,070

2, 020

476

511
9
3
18
294
776
21
11
16
69
4
12

71,392
6,475
800
350,404
56,520
99, 508
36.426
28,450
1,648
5,559
5,750
11,175

67,485
4,600
350

138,877
11,075
1,150
758,491
110,734
252, 775
111,246
69,400
4,378
13,107

37.086
1,431
147
107, 953
29,052
50,414
22,604
11,614
666
3,650
2,366
4.924

26,804
661
113
48,835
16,491
31,079
7,614
13,145
454
2,384
1,156
1,700

807
23
14
511
509
1,230
800
582
14
68
121
246

386
8
2
3,376
252
403
114
35
4
24
14
35

10,916
31
52
715
113

1,744

674,107

828, 526 1, 502, 633

271, 907

150,436

4,925'

4,653

11,864

153
104
51
4

29,118
13, 308
8,880
1,500

47,891
23,128
14,302
3, 200

13,565
6,656
3,794
653

2,457
1,526
551
105

408,087

54,214
153,267
74,820
40,950
2,730
7,548
5,750
8,725

18, 773
9,820
5,422
1,700

11,500

19,900

619
185
103
41

373
65
184
8

Total
gross
arnings

167

91
28
26
286
1,227
16
855

158,738
....

Other
earnings

144
1,679
4,726
81

8,178
4,511
4,066
27,411
45,951
2,838
16,224

2,529

412

124
1,146
2,040
64
468
4.435

209

296

8,075

109,179

3,700 2,446
82
20
12,688 19,263
2,189 2,449
3,260 3,063
1,490 1,116
2,827 1,304
64
18
212
92
223
393
356
783

71, 932
2,347
302
213, 936
51,709
90, 505
34,723
29, 887
1,235
6,455
4,287
8,234

29 13, 558 27, 111 31,069

515, 552

21

661
10,394
735
997
270
267
15
25
7
184

333
74
70

326
185

635
388
84

18,287
9,329
5,116
918

O
00

Abstract of reports of earnings, expenses, and dividends of national banks for the year ended June SO', 1981—Continued
[In thousands of dollars]
Gross earnings

._ _
_.
-.
_

. _.

Total Southern States Ohio 8
Cincinnati.
Columbus
Indiana




.

Capital

Surplus

31
69
48
3
92
28
29
505
3
3
4
4
8
6
4
56
123
90
3

5,550
19,080
9,435
6,000
18,305
4,535
8,725
40,028
12,150
1,600
4,550
2,150
9,400
4,950
1,650
5,305
14,403
17,174
3,900

3,660
14,541
4,806
2,260
13,875
3,324
5,712
22,876
3,750
1,050
2,805
850
6,450
2,120
460
2,907
12,354
11,497
3,450

9,210
33,621
14,241
8,260
32,180
7,859
14,437
62,904
15,900
2,650
7,365
3,000
15,850
7,070
2,110
8,212
26,757
28,671
7,350

2,632
8,370
2,242
1,280
7,883
2,808
4,584
18,694
4,901
902
2,733
879
4,636
2,064
599
2,510
8,093
8,124
2,554

726
2,075
2,042
1,004
1,651
789
716
2,871
1,238
310
571
386
1,044
149
269
811
2,170
1,218
352

120
477
231
169
248
80
200
1,383
369
65
276
140
435
156
49
162
292
355
73

129
470
225
171
249
131
106
604
91
26
50
43
73
30
28
84
53
206
105

1,421

„_ _ _ _.

-

Commissions and
earnings
from inDomestic exForeign surance Trust Profits
on
change exchange premi- depart- securiand col- depart- ums and ment
ties
the negolection
ment
sold
tiation of
charges
realestate
loans

Number of
banks

Location

South Carolina
Gerogia 3
_
Florida
_.'
Jacksonville
4
Alabama
Mississippi
Louisiana'
Texas
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
Arkansas..
Kentucky 7
•
Tennessee
Nashville

Interest InterCapital
(includand sur- Interest ing divi- est on
balplus
and dis- dends)
ances
count
with
on
on loans investother
banks
ments

241,696

154,462

396,158

111, 156

25,031

6,228

3,304

351

17

1,801

283
4
3
184
3

45,008
7,900
4,700
21,582
7,250

33,438
5,750
5,100
13,255
4,050

78,446
13,650
9,800
34,837
11,300

21, 706
2,597
2,498
10,734
2,743

7,379
1,217
756
3,741
573

818
120
108
381
211

225
28
10
139
32

44
25
2
12
8

2

470
140
137
224
69

2

2
2

199

1

54
15
36
3

3

I

26
7

17

48
232
55
137
163
37
41
42
89
21
27
17
128
37
8
13
90
107
8

Total
Other
gross
earnings earnings

309
1,047
580
383
779
234
970
1,520
429
192
430
111
889
340
92
235
621
955
266

4,110
13,034
5,651
3,497
11,347
4,146
6,728
25,393
7,436
1,524
4,169
1,673
7,538
2,825
1,071
3,989
11,531
11,140
3,376

3,649 12, 291
988~ 2,269
302
839
88
737
402 1,026
53
350

163,828

146
359
274
353
174
67
57
261
283
5
82
96
307
49
26
167
212
175
18

33,901
5,268
4,336
16,676
4,039

Illinois
—
Chicago, Cent. Res
Chicago, other Res
Peoria
.
Michigan9
Grand Rapids
„
Wisconsin
Milwaukee
Minnesota
MinneapolisSt. Paul
Iowa*0
DesMoines
Sioux City
Missouri
Kansas City..
St. Joseph
„
St. Louis
„
Total Middle Western States. _.
North Dakota
South Dakota
Nebraska
Lincoln
_
Omaha . Kansas*1
Topeka
Wichita
Montana12
Wyoming18
Colorado
Denver
._
New Mexico..—
Oklahoma
Oklahoma City
Tulsa
Total Western States

__„

-

Washington14
Seattle
Oregon
Portland
California"
Los Angeles
San Francisco
_
Idaho
—_
Utah"
Salt Lake City
See footnotes at end of table.




27,181
33, 654
5,169
2,235
31, 736
1,306
15,525
10,421
15,426
10, 631
6,475
12,162
2,401
866
5,901
6,635
1,008
10,600

196

4

4
72
2
77
13

25

70

202

135
25
1
36
51
1
10
329
3
158

414

3,368

7,832

19,110

263, 552

63
66
34

17
12
3
3
96
32
14
34
4
4
56
243
13
36
55
75

93
95
88
45
226
111
5
50
109
33
165
289
37
218
117
146

331
257
355
99
781
694
59
250
283
110
456
395
182
737
287
847

4,966
4,526
6,834
1,356
5,839
9,649
919
1,989
4,929
2,268
6,675
6,840
2,166
10,827
5,149
6,145

209

697

1,827

6,123

80,957

18

93
201
28
121
396
2,387
1,492
2
1
2

243~
259
60
172
786
1,648
2,101
19
11
28

7C6
202
368
427
1,449
2,821
6,687
193
33
148

9,801
7; 135
5,042
6,747
19, 523
44, 762
72,017
2,381
933
1,878

36,215
42,950
6,050
3,260
30,150
2,000
19,330
13,400
18,370
12,200
6,850
14,755
2,750
1,050
8,635
8,300
1,100
16,760

23,034
29,120
3,195
3,550
29, 787
1,000
11,697
7,050
9,417
7,550
4,750
6,890
1,450
800
3,860
3,055
950
6,285

59,249
72,070
9,245
6,810
59,937
3,000
31,027
20,450
27,787
19, 750
11,600
21,645
4,200
1,850
12,495
11,355
2,060
23,035

16,055
20,809
2,330
1,291
19,846
772
9,142
7,296
8,072
5,939
3,413
7,530
1,565
427
3,596
4,135
630
6.459

7,336
7,623
1,881
673
6,340
219
4,448
1,522
4, 661
2,243
1,610
2,916
625
254
1,434
1,328
175
2,263

599
738
80
66
584
40
365
192
638
461
286
356
68
52
212
510
74
301

414
650
70
40
210
15
168
50
406
561
160
200
16
26
52
40
11
109

8
784
20

1,738

330,555

215,033

545,588

159, 585

61,017

7,260

3,632

1,334

98
92
156
3
8
230
3
4
58
25
107
6
26
251
5
4

5,070
4,705
8,160
1,350
5,000
13,662
1,200
2,400
4,600
2,270
7,000
5,300
, 1,910
12,475
7,200
5,950

2,457
2,359
4,184
550
2,500
6,828
400
1,300
2,965
1,646
4,344
5,050
1,064
4,811
1,510
2,650

7,527
7,064
12,344
1,900
7,500
20,490
1,600
3,700
7,565
3,916
11,344
10,350
2,974
17,286
8,710
8,600

3,049
2,687
4,763
850
2,838
6,405
388
975
2,598
1,503
3,753
3,439
1,347
6,222
3,180
3,837

1,090
1,193
1,228
298
1,471
1,753
354
505
1,622
460
1,709
2,019
465
2,898
1,208
955

96
86
226
49
232
460
88
122
183
122
356
402
82
451
260
254

226
130
137
12
192
173
11
33
116
31
78
48
38
261
42
31

1

1,074

88,252

44,618

132,870

47,834

19,228

3,469

1,559

11

12,075
13,800
6,365
7,300
24,500
41,500
76,125
2,650
1,175
2,100

17,148
5,073
17,220
3,420
9,543
"3,178
10, 600
3,300
35,864
11,364
70,755
29,255
140,425
64,300
3,763
1,113
1. fi39
464
1,080 I
3,180

5,424
3,826
3,067
2,595
11,272
28,442
46,093
1,568
695
1,102

2,700
1,943
1,263
2,935
4,627
8,036
13,473
457
152
468

333
318
158
309
724
1,085
1,071
90
32
115

218
274
95
128
236
189
180
44
9
15

6
112
1
60
9
154
920
3

94~
6
85
5
177
6
6
39
13
4

1,758
1,966
532
153
3,115
246
878
949
1,020
348
372
830
141
61
490
252
93
685

716
226
188
98
1,090
14
425
340
290
977
620
224
35
45
90
38
22
561

386
9
20
3
116
3
144
4
237
4
3
207
3
4
100
7
4
7

77

70
17

3
64

3
21
14
5
2
5
2

4

2
24

5

218
858
68
14
351

co

Abstract of reports of earnings, expenses, and dividends of national banks for the year ended June SO, 1981—Continued
[In thousands of dollars]
Gross earnings

Number of
banks

Location

Nevada
Arizona
Total Pacific States
Alaska—nonmember
The Territory of Hawaii—nonmember
Total nonmember banks
Total United States

.-

Capital

Surplus

Interest InterCapital
(includand sur- Interest ing divi- est on
balplus
and dis- dends)
ances
count
on
with
on loans investother
ments
banks

Commissions and
earnings
from inDomestic exForeign surance Trust Profits
on
change exchange premi- depart- securiand col- depart- ums and ment
ties
the negolection
ment
sold
tiation of
charges
realestate
loans

10
12
457

1,500
1,800

665
1,280

2,165
3,080

708
935

254
456

44
66

9
37

4
9

8
4

190,890

124,492

315,382

105, 727

36, 764

4,345

1,434

1,278

61

4
1

275
3,150

182
1,880

457
5,030

154
1,364

79
451

13
86

12

2

5

3,425

2,062

5,487

1,518

530

99

23
124
147

12

2

1

36

6,805 1, 687, 663 1,493,876 3,181, 539

761,889

320,076

28,346

15,205

15,262

732

26,688

50,342

o
Other
Total
earngross
ings earnings

s
o
(3

W
tel

11

12
113

120
238

4,734

5,452

13,452

1,159
1,869
173,247

1

3
33

40
64

313
2,136

104

o
o

2,449

K

90,224 1,308, 764
1-3

i The number of banks,- capital, and surplus shown in this table are for reporting banks on June 30,1931. The remaining figures, however, include the returns of 7,038 reporting
banks in the six months ended Dec. 31,1930. (See semiannual statements in the appendix of this report.)
1
Includes 2 banks in reserve city of Richmond.
>
a
10
Includes 2 banks each in reserve cities of Atlanta and Savannah.
Includes 2 banks each in reserve cities of Cedar Rapids and Dubuque.
4
n
Includes 1 bank in reserve city of Birmingham.
Includes 2 banks in reserve city of Kansas City.
6
12
Includes 1 bank in reserve city of New Orleans.
Includes 1 bank in reserve city of Helena for June 30 and 2 banks for Dec. 31,1929.
6
13
Includes 2 banks in reserve city of Louisville.
Includes 2 banks in reserve city of Pueblo.
7
14
Includes 2 banks in reserve city of Memphis.
Includes 2 banks in reserve city of Spokane.
8
Includes 2 banks in reserve city of Cleveland and 1 bank in reserve city of Toledo.
"Includes 2 banks in reserve city of Oakland.
9
16
Includes 2 banks in reserve city of Detroit.
Includes 1 bank in reserve city of Ogden.




H
Q

o
Kj

Abstract of reports of earnings, expenses, and dividends of national banks for the year ended June 80, 1981—Continued
[In thousands of dollars]
Net earnings and recoveries

Expenses
Interest
Salaries and dis- Interest Interest Interest
and
count on on bank on de- on time
mand
borrowed
deposits deposits
money

Location

Maine
New Hampshire.
Vermont...---.
Massachusetts—
Boston
Rhode Island
Connecticut

_
_

Total New England States
New York
„
Brooklyn and Bronx
Buffalo
New York City
New Jersey
Pennsylvania
_
Philadelphia
Pittsburgh
Delaware
Maryland.._
Baltimore
_
Washington, D . C
Total Eastern States
Virginia
West Virginia
North Carolina
Charlotte
South Carolina
Georgia
Florida
Jacksonville-

-




Taxes

Total
Net
Other
expenses expenses earnings
paid

1,147
994
722
5,249
9,651
461
3,469

37
76
39
139
59
10
113

80
?1
23
451
1,781
55
200

288
71
2,567
6,291
427
1,634

3,601
916
1,618
8,152
8,279
752
3,576

383
238
333
1,020
1,887
160
1,097

693
574
346
3,238
5,091
352
1,737

6,324
3,157
3,152
20,816
33,039
2,217
11,826

21,693

473

2,661

11,661

26,894

5,118

12,031

80,531

12,973
624
47
43,740
9,992
16,363
6,056
4,203
229
1,063
730
1,980

550
16
2
493
503
908
122
122
15
67
7
14

672
14
5
10,354
217
363
2,348
4,483
4
21
347
251

4,853
221
11
24,053
3,484
3,509
5,490
4,684
93
151
418
667

25,088
347
104
16,118
17,702
30,979
4,801
4,463
356
2,835
738
1,673

2,527
62
16
9,578
2,238
4,515
1,444
1,159
54
297
340
731

7,159
553
41
28,287
5,471
7,962
3,776
2,519
95
462
428
990

53,822
1,837
226
132,623
39,607
64,599
24,037
21,633
846
4,896
3,008
6,306

18,110
510
76
81,313
12,102
25,906
10,686
8,254
389
1} 559
1,279
1,928

98,000

2,819

19,079

47,634

105,204

22,961

57, 743

353,440

162,112

3,678
1,905
1,176
221
862
3,047
1,562
837

256
230
202
5
58
122
62

540
135
30
146
944
525
394

5,117
2,544
1,589
215
1,204
2,624
1,053
607

684
298
53
303
1,207
229
134

1,923
1,051
649
126
575
2,132
888
455

13,344
7,089
4,140
667
3,238
10,580
4,395
2,703

4,943
2,240
976
251
872
2,454
1,256
794

Total net
RecovRecovearnings
eries on eries on All other and rebonds,
loans
coveries
recovand dis- securieries
on
counts ties, etc.
charged-

135
91
17
90
504
76
216

26
56
74
207
582
20
134

85
49
46
179
3,626
9
82

10
25
9
515
542
11
38

1,975
1,484
1,043
7,496
17,662
661
4,652

1,099

1,854
1,354
914
6,595
12,912
621
4,398

4,076

1,150

34,973

1,220
42

453
4

131

1,734
274
294
22
392
2
71
145

20,589
579
77
85,791
13,187
27,152
11, 074
8,807
407
1,680
1,308
2,182

3,391

172,833

23
1
2,613
425
463
206
118
1
15
25

108

160
43
15
35
4
1
2,526

196
79
116
1
161
179
63
20

5,201
2,383
1,102
263
1,069
2,916
1,383
819

Abstract of reports of earningss expenses, and dividends of national banks for the year ended June SO, 19S1—Continued

fcO

[In thousands of dollars]
Expenses

Location

Salaries
and

Alabama
Mississippi
Louisiana
Texas
Dallas
El Paso_...
Fort Worth
Galveston
Houston
San Antonio
Waco
Arkansas
Kentucky
Tennessee
Nashville

Interest
on demand
deposits

Interest
on time
deposits

Taxes

Total
Other
Net
expenses expenses earnings
paid

Total net
earnings
RecovRecoveries on eries on All other and recoveries
loans
bonds,
recovon
and dis- securieries
chargedcounts ties, etc.
off assets

2,753
1,029
1,547
7,534
1,349
427
812
283
1,735
667
211
889
2,456
2,590
581

Total Southern States,
Ohio.__
Cincinnati
Columbus
Indiana
Indianapolis
Illinois..
Chicago, Cent. Res
Chicago, other Res
Peoria
_
Michigan
Grand Rapids
Wisconsin
Milwaukee
Minnesota
Minneapolis
St. Paul

Interest
and dis- Interest
count on on bank
borrowed deposits
money

Net earnings and recoveries

,




271
164
125
473
2
29
52
25
222
26
13
84
175
207
108

152
41
391
5-9
565
64
311
233
509
92
30
113
351
378
184

724
186
678
1,871
752
ISO
501
79
661
93
90
201
499
464
130

2,215
1,034
930
2,630
1,123
188
529
475
1,563
633
273
1,009
2,819
2,975
625

538
2,014
528
94
262
96
528
295
68
167
769
815
251

1,574
523
869
3,681
521
198
5S3
100
1,013
386
139
585
1,217
1,355
375

8,498
3,375
5,078
18, 732
4,840
1,130
3,050
1,291
6,231
2,192
824
3,051
8,286
8,784
2,254

2,849
771
1,650
6,661
2,596
394
1,119
382
1,307
633
247
938
3,245
2,356
1,122

172
219
56
:,150
122
10
136
7
84
91
18
49
124
128
44

38,151

2,971

5,611

10,641

33, 974

11,506

20,918

123, 772

40,056

6,786
918
826
3,814
926
7,024
6,114
1,465
462
5,750
307
3,445
2,224
3,368
2,324
1,125

324
28
38
152

393
255
269
258
347
407
1,874
13
83
487
29
269
597
278
972
332

2,6S7
621
563
862
391
1,023
5,514
185
81
2,628
145
643
1,168
529
1,011
835

9,674
696
346
4,637
538
6,720
3,470
1,319
550
7,903
248
4,305
1,553
5,016
3,566
991

1,839
220
92
1,413
385
1,470
2,853
276
169
2,007

3,865
321
930
2,022
415
3,460
4,007
928
241
4,788
243
1,854
1,540
1,775
1,440
679

25, 568
3,057
3,064
13,158
3,002
20,373
23,857
4,262
1,586
23, 705
1,057
11,313
7,439
11,999
7,983
4,339

8,333
2,211
1,272
3,518
1,037
6,80S
9,797
907
649
8,031
249
4,212
2,982
3,427
2,649
2,136

269
25
76
142
5
134
8
44
1

349

377

55
4
1
2
38
10
20
10
114
19

179
138
6
404
24
2
17
40
12
22
2
42
69
18

3,202
1,141
1,712
8,247
2,797
410
1,273
431
1,441
756
287
1,039
3,552
2,521
1,174

3,225

618

1,220

45,119

439
122
52
232
38
309
771
20
6
674
13
126
70
154
207
25

119
45
47
14
147
5
14
1
159

140
1
241
121
65
358
1
82
11
67
33

9,228
2,333
1,377
3,937
1,090
7,505
10,694
1,006
656
9,222
263
4,494
3,135
3,725
2,901
2,161

Iowa
Des Moines
Sioux City
Missouri
- ._
. -„
Kansas City
St. Joseph
St. Louis
Total Middle Western States
North Dakota
South Dakota
Lincoln
Omaha --- - _«
Kansas
Topeka
Wichita
Montana -Wyoming
Colorado
Denver
.
New Mexico___
Oklahoma
Oklahoma City
'
Tulsa
Total Western States
Washington
_
Seattle
Oregon
Portland
California
Los Angeles
San Francisco
-Idaho
TTtnh
Salt Lake City
Nevada
Arizona
Total Pacific States
_
Alaska—nonmember
Tho Territory of Hawaii—nonmember
Total nonmember banks
Total United States




2,719
566
239
1,504
1,637
309
2,283

64
10

56,133

86
11

504
209
34
430
902
64
1,517

3,817
406
105
1,239
435
170
1,487

482
68
20
357
280
47
780

1,448
390
138
878
755
200
1,076

9,383
1,841
657
4,598
4,960
939
7,672

2,779
560
209
1,303
1,675
69
2,928

315
11
14
84
80
18
161

27
1

33

527
191
114
126
941
149
496

1,457

9,207

22,546

57,191

15,885

33,393

195,812

67,740

1,269
1 215
1,694
377
1,343
2,771
246
437
1,126
545
1,643
1,650
636
3,194
965
1,368

36
35
131
5
28
99

13
84
3
21
121
14
53

46
62
86
150
509
261
120
202
86
69
154
394
22
138
330
376

132
162
169
124
452
506
137
114
195
139
247
774
121
843
446
1,009

1,505
1,158
1,656
99
645
1,663
59
274
1,388
516
1,505
1,520
334
1,733
955
412

202
117
255
55
235
534
30
198
297
111
549
336
112
436
172
187

700
620
830
210
1,167
1,397
138
285
545
250
807
867
305
1,561
545
1,013

3,890
3,369
4,821
1,020
4,279
7,131
734
1,512
3,664
1,643
4,989
5,644
1,451
8,026
3,427
4,418

20,379

676

3,005

5,570

15,222

3,826

11,240

2,641
1,693
1,441
1,540
5,246
9,830
16,367
621
195
424
248
526

66
11
51
2
137
2
309
19
13
2
6
4

142
607
21
322
484
970
3,701
41
96
190
48
16

493
571
193
348
1,059
1,795
3,177
107
41
136
38
85

2,351
920
1,145
1,707
4,453
14,394
22,203
582
203
357
292
328

252
138
179
170
546
1,125
1,833
138
36
66
92
198

40,672

622

6,538

8,043

48,935

14

13
160

62
592

7

4
2

27

68
497
565
275, 593

14
9,018

28
8
1
93

42
18
2
25
88
1
313

3,163
590
225
1,440
1,851
89
3,495

3,941

945

1,954

74,680

1,076
1,157
2,013
336
1,560
2,518
185
457
1,265
625
1,586
1,296
715
2,801
1,722
1,727

58
64
292
21
43
476
18
49
353
63
342
125
104
324
23
22

27
15
18

1

22
15
38
1
8
340
53
1
39
13
18
17
10
199
68
20

1,183
1,251
2,361
358
1,726
3,409
264
527
1,696
707
2,152
1,489
837
3,361
1,813
1,770

59,918

21,039

2,377

626

862

24,904

1,426
751
636
787
2,775
5,172
10,525
308
99
224
144
281

7,271
4,591
3,666
4,876
14,700
33,288
58,115
1,816
683
1,399
868
1,438

2,530
2,544
1,376
1,871
4,823
11,474
13,902
565
250
479
291
431

152
11
111
133
235
91
322
33
12
8
6
22

25

68
12
22
22
94
27
479
24
1

4,773

23,128

132,711

40,536

14
57

43
320

200
1,640

113
496

173

654

71

363

1,840

106,268

288,074

64,140

158,816

948,024

609
360,740~

115
76
8
20
39
6
206
61
8
37

23

14
15

2,775
2,567
1,534
2,155
5,269
11,593
14,861
623
263
510
313
491

1,136

604

778

42,954

14
10

2
53

1

129
560

25
129
117
1
158
1
23

24

55

1

689

16,606

9,350

9,356

3967052

Abstract of reports of earnings, expenses, and dividends of national banks for the year ended June SO, 1981—Continued
[In thousands of dollars]
Losses and depreciation charged off
On
On
On loans bonds, banking
On
house,
and dis- securities, furniforeign
counts
ture, and exchange
etc.
fixtures

Location

Maine.
New Hampshire
Vermont
Massachusetts
Boston
Rhode Island
Connecticut

,

Total New England States.
New York
Brooklyn and Bronx
Buffalo
New York City
New Jersey
_
Pennsylvania
Philadelphia
Pittsburgh
Delaware-_
Maryland.
Baltimore.
Washington, D. C
Total Eastern States.
Virginia
West Virginia
North Carolina.Charlotte
South Carolina
Georgia
Florida
_
Jacksonville
Alabama




,

Other

2,196
888
979
4,521
3,509
169
1,822

78
78
31
431
773
18
267

14,994

14,084

1,676

5,639
544
67
65,182
5,277
5,214
7,130
1,805
55
398
142
665

20,643
466
110
18,285
8,979
14,728
1,807
2,837
178
1,837
30
257

916
85
2
2,837
910
1,234
170
441
17
20
32
52

35

213

92,118

6,716

151

5,669

3, 065
1,915
1,882
83
1,145
1,434
1,195
342
1,763

172
116
84
6
17
277
85
106
156

1,455
73
81
3
87
233
206
26
70

342
699
370
3,300
8, 551
99
1,633

Ratios

Total
losses
charged
off

Per cent
1810. 29
18 3.90
18 7.47
» 3.36
4.68
3.08
3.68

Per cent
is 5.23
18 2.02
is 4.70
is 1.77
2.81
1.36
1.88

18 393
is 1,023
3,967
139
784

Per cent
5.82
5.79
5.71
5.98
7.54
4.37
7.88

32,422

2, 551

19, 708

12.42

6.95

1.61

.90

27,933
1,108
179
89,349
15,682
22,077
9,176
5,340
251

18 7,344
18 529
18 102
18 3,558
13 2,495
5,075

1,222

3,467
156
18 610
1,104
960

7,447
70
22
53,843
6,422
15, 263
7,528
2,968
219
676
958
1,344

10.43
1.08
2.75
15.37
11.36
15. 34
20.67
10.43
13.29
12.16
16.66
12.03

5.36
.63
1.91
7.10
5.80
6.04
6.77
4.28
5.00
5.16
8.33
6.75

1810.29
is 8.17
is 12.75
18 1.02
is 4.41
5.10
5.21
12.19
9.47
is 10.97
19.20
8.59

is 5. 29
is 4. 78
is 8.87
18.47
is 2. 25
2.01
1.71
5.00
3.56
is 4.65
9.60
4.82

174,811

is 1,978

96, 760

14.35

6.44

18.29

6,051
2,913
2,133
101
1, 546
2,076
2,149
660
2,253

18 850
18 530
is 1,031
162
18 477
840
"766
159
949

3,074
1,228
573
203
358
1,890
368
383
3,438

10.56
9.23
6.45
13.53
6.45
9.91
3.90
6.38
18.78

6.42
5.31
4.01
6.34
3.89
5.62
2.58
4.64
10.68

is 2.92
18 3.98
is 11.61
10.80
18 8.59
4.40
» 8.12
2.65
5.18

18.13
•
18 1.77
"2.29
18 7.21
5.08
is 5.18
2.50
»8 5.38
1.92
2.95

19

1,649

10

725
13

243
1
35

Net adDiviNet ad- dition
dends to dition to profits to
Divito
dends to capital profits to capital
capital " and sur- capital17 and surplus i?
plus "
Per cent
11.47
11.17
9.09
11.36
12.54
9.91
15.39

1,700
1,436
8,519
13,695
522
3,868

2,958
516

Dividends

788
619
478
3,459
10,636
448
3,280

66
35
56
267
843
236
146

19

Net
addition
to profits

18707

2,290
204

Mississippi
Louisiana
—
Texas
Dallas
El Paso
Fort Worth
Galveston

952
782
7,052
946
286
609
142
572
264
142
488
1,365
1,267
429

28
41
83
5
24
212
1,520
262
18

Total Southern States

28,120

6,906

2,223

Ohio
Cincinnati
Columbus.
..
Indiana.
Indianapolis
Illinois
Chicago, Cent. Res
Chicago, other Res - Peoria
Michigan
Grand Rapids __
Wisconsin
Milwaukee
Minnesota
Minneapolis _ _
St. Paul
Iowa
Des Moines
Sioux City
Missouri _
Kansas C i t y . . .
._
St. Joseph
St. Louis

4,791
658
644
2,386
489
3,112
3,857
619
177
3,531
168
1,098
949
991
565
555
1.843
292
17
653
485
38
881

4,266
346
355
1,789
10
2,194
395
566
180
1,936
51
1,130
133
635
660
71
687

515
28
49
193

736
170
4
428

60
18
3
110

28,799

16,890

3,466

San Antonio
Waco
Arkansas
Kentucky
Tennessee
Nashville

_

„.

-._

-- --

. _

-.__

-

.

--

_

Total Middle Western States
North Dakota
South Dakota
Nebraska
Lincoln

-

*_

Kansas
Topeka _
Wichita




239
88
491
99

no
38

281
29
9

4,149

41,407

3,712

23,829

9.86

6.02

1

466
19
39
359

"811
1,282
290
"790
591
971
5,969

33

258
461
279
23
79
113
4
218

10,039
1,051
1,087
4,727
499
6,534
4,725
1,370
406
6,340
255
2,539
1,175
2,102
1,384
889
3,104
707
78
1,528
786
49
1,670

40
1,825

3,803
1,150
572
1,760
603
3,369
6,843
487
454
3,903
100
2,076
2,963
1,734
1,632
1,135
776
230
78
592
920
83
2,279

8.45
14.56
12.17
8.15
8.32
9.30
15.93
8.05
13.93
12.95
5.00
10.74
22.11
9.44
13.38
16.57
5.26
8.36
7.43
6.86
11.08
7.55
13.61

4.85
8.42
5.84
5.05
5.34
5.69
9.49
5.27
6.67
6.51
3.33
6.69
14.49
6.24
8.26
9.78
3.59
5.48
4.22
4.74
8.10
4.05
9.89

is 4.25
14.00
is 1.02
12.83
3.64
10.90

3.67
4.81
.27
6.30
9.58
5.84
7.68
10.97
.27
i« 2.79
7.95
18.70
9.38
1.95
7.92

36

3,853

53,044

21,536

37,542

11.36

6.88

6.52

3.95

3.43
5.69
4.98
9.42
8.57
5.60
7.69
6.59

5.38
9.67
7.24
13.26
9.02
5.76
7.50
11.17

3.63
6.44
4.79
9.42
6.01
3.84
5.63
7.24

160
29

491

737

405
135
21
740
32
179
79
161
105
5
111
26

251
507
80
211
398
46
441
84
1,081
80
14
__ _
74
686
164
389
389
191
1,771
6
78
12
62
44
137
" C a p i t a l and surplus as of June 30,1931.

68
50
28
133
4
132
14
315
54
2

- ~-

_

18

1,400
1,002
8,683
1,144
296
749
233
883
364
222
940
3,134
1,970
505

193
42
801
32
9
50
4
58
24
36
182
174

16
90
339
67
1
62
46
170
71
20
58
75

72
141

164
11
1

36
270

78
16

910
796
1,770
179
1,275
2,622
174
259

259
710
"436
1,653
114
524
198
558
392
65
99
418
551
669

349
969
2,880
1,743
86
499
165
796
380
91
319
1,728
1,755
554

7.70
11.11
7.19
14.35
5.38
10.97
7.67
8.47
7.68
5.52
6.01
12.00
10.22
14.21

4.44
6.71
4.58
10.96
3.25
6.78
5.50
5.02
5.37
4.31
3.88
6.46
6.12
7.54

18 364
250

2,882
8
1,955
1,960
1,623
1,517
1,272
59
"117
147
18 88
1.065

273
455
591
179
451
787
90
268

258
402
615
179
643
1,148
123
244
is Deficit.

5.09
8.54
7.54
13.26
12.86
8.40
10.25
10.17

is 5.71
8.14
is 1.09
13.60
7.13
11.52
9.21
5.94
7.92
3.94
1.87
2.90
3.21
17.15
1.54

18 3.30
4.92
18.69
10.40
4.30
7.12
6.60
3.52
5.54
3.08
1.21
1.56
1.92
9.10

1U. 80
16.23
6.17
" 3.66
8.15
2.68
13.90
is 6.02
7.67
9.56
.40
10.11
14.63
8.84
12.43
18.57

"1.03
9.39
2.96

.40

.94

18 2.27

5.23
1.64
8.28
18 3.94

Abstract of reports of earnings, expenses, and dividends of national banks for the year ended June SO, 1931—Continued
{In thousands of dollars]
Losses and depreciation charged off
On
On
On loans bonds, banking
On
house,
and dis- securities, furniforeign
counts
etc.
ture, and exchange
fixtures

Location

Montana
.
_« ._
Wyoming
Colorado
Denver.- _ —. _ NewMexico.-Oklahoma
Oklahoma C i t y . . .
Tulsa

_«

.

1,176
313
1,057
443
412
1,656
216
1,131

__

_.

Total Pacific States
Alaska—nonmember
The Territory of Hawaii—nonmember,- _
Total nonmember banks
Total United States




_

1,301

1,433
435
376
390
1,393
1,017
1,267
160
53
119
49
146

213
144
96
108
376
1,568
332
33
8
18
33
97

6,838

3,026

114
161

__

4,210

1,392
405
1,074
680
1,844
1,638
3,891
449
86
85
110
65
11,719

_

99
32
114
79
53
195
57
37

10,839

Total Western States
Washington
Seattle
Oregon.
>
Portland—
California
Los Angeles
San Francisco
Idaho
Utah
Salt Lake City
Nevada.
__
Arizona

157
107
480
388
112
400
97
343

1
208

8
32

275

209
119,294

18,448

Other
losses

40

186,864

Ratios
Net
addition
Total
losses to profits
charged
off

Dividends

Net adDiviNet ad- dition
Dividends to dition to profits to
to
dends to capital profits to capital
capital and sur- capital and surplus
plus
Per cent
12.50
10.31
10.00
13.40
11.31
9.21
13.88
8.66

Per cent
7.60
5.98
6.17
6.86
7.26
6.65
11.47
5.99

Per cent
3.70
10.44
5.63
9.51
11.47
7.03
19.74
3.45

Per cent
2.25
6.05
3.47
4 87
7.36
5.07
16.31
2.38

94
18
107
75
41
233
22
54

1,526
470
1,758
985
618
2,484
392
1,565

170
237
394
504
219
877
1,421
205

575
234
700
710
216
1,149
999
515

1

1,432

17,783

7,121

8,710

9.87

6.56

8.07

5.36

5

71
23
98
26
317
107
1,166
36
3
10
40
26

3,109
1,007
1,644
1,204
3,930
4,330
6,661
678
150
232
232
334

"334
1,560
"110
951
1,339
7,263
8.200
"55
113
278
81
157

979
1,609
349
1,028
2,174
7,038
10,468
184
115
263
64
171

8.11
11.66
5.48
14.08
8.87
16.96
13.75
6.94
9 79
12.52
4.27
9.50

5.71
9.34
3.66
9.70
6.06
9.95
7.45
4.89
7.02
8.27
2.96
5.55

w 2.77
11.30
« 1.73
13.03
5.47
17.50
10.77
« 2.08
9 62
13 24
5 40
8.72

"1.95
9.06
«1.15
8 97
3 73
10.26
5.84
181 46
6 89
8 74
3 74
5.10

5

1,923

23, 511

19,443

24,442

12.80

7.75

10.19

6.16

6
3

129
404

156

26
284

9.45
9.02

5.69
5.65

4.95

3.10

533

156

310

9.05

5.65

4.55

2.84

343,511

52,541

211,301

12.52

6.64

3.11

1.65

221

18,684

Abstract of reports of earnings, expenses, and dividends of national banks, by Federal reserve districts, year ended June SO, 1981
[In thousands of dollars]
Non
District District District District District District District District District District District District member Grand
total
No. 8 No. 9 No. 10 No. 11 No. 12 banks
No. 1 No. 2 No. 3 No. 4
No. 5 No. 6
No. 7
(832
(575
(6,805
(327
(412
(580
(453
1,354
(746
(662
(419
(809
(631
(5
banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) i
Capital..
Surplus.

155,405
121,021

474,439
519,499

125,012
208,089

122,233
133, 791

79,200
60,033

Capital and surplus.
Gross earnings:
Interest and discount on loans
Interest (including dividends) on investments
Interest on balances with other banks
Domestic exchange and collection charges.
Foreign exchange department
Commissions and earnings from insurance premiums and the negotiation of
real-estate loans
Trust department
_
Profits on securities sold
Other earnings

276,426

993,938

333,101

256,024

62, 322

169,503

64,330

90,132
1,716

Total.
Expenses paid:
Salaries and wages
Interest and discount on borrowed money.
Interest on bank deposits
Interest on demand deposits
Interest on time deposits
Taxes
Other expenses
.__

190,240
124,017

3,425
2,062

124,667

314, 257

5,487

3,181,539

44,114

38, 395

105,368

1,518

16,869
3,748
1,119
11

7,623
3,055
1,043
92

530
99
147
12

320,076

4,321
1,409
1,269

362
202
2,355
2,896

1,594
5,617

3
411
1,271
4,493

61
4,734
5,346
13,377

2
1
36
104

732
26,688
50, 342
90,224

41,331

53, 516

74,134

56,286

172,388

2,449

1,308, 764

30,929
676
4,602
12, 766
29, 957
9,080
19,422

9,408
609
1,517
2,975
9,223
2,745
4,737

11,847
185
1,834
3,038
13,830
3,021

40,453
620
6,535
8,000
48, 731
4,714
23, 032

565

6,037
11,832
3,554
10, 363

14,142
900
2,502
4,543
8,242
4,193
7,345

14
173
654
71
363

275, 593
9,018
46,115
106, 268
288,074
64,140
158, 816

107,432

31,114

40, 364

54,936

41,867

132,085

1,840

948,024

37,673 1 10,217

13,152

19,198

14, 519

40,303

77,395
52,297

58,169
33, 766

59,105
33,709

41,088

81, 538
43,129

139,233

129, 692

299,180

91, 935

92,814

124, 785

60,446

37,427

33,428

90,522

25,482

29,034

33,599
2,360
493
212

10,341
1,482

10,971

32,767
1,610
437
741

8,932
1,540
1,460
255

31, 752
3,285
1,823
1,103

9,790
1,224
527
64

14,969
1,911
1,693
94

2,419
4,290
7,817

22
11, 729
18,514
23, 758

3
1,187
4,066
3,703

7
1,317
5,349

1
758
1,452
3,434

1,354
4,511

159
1,891
3,379
11,191

38
355
1,336
2,515

105,982

330,313

108,844

110, 591

55,549

52,176

145,105

21,015
436
2,626
11,431
26,125
4,899
11,639

65,606
1,348
11,267
31,940
56,140
13,902
40,562

19,426
1,026
2,624
8,625
28,753
5,404
10,419

19,707
908
5,582
10, 219
28, 364
5,171
11,046

11,432
816
1,453
2,885
15,546
3,562
6,095

12,400
1,035
1,631
3,636
10, 677
3,824
7,184

78,171

220,765

76,277

80, 997

41,789

40,387

Net earnings
27,811 109,548 32,567
i Includes nonmember banks of Alaska and the Territory of Hawaiii

29,594

13,760

11,789

Total.




1,995
460
410

8

1, 687,663
1,493,876

177,805
121, 375

W
H
Q
O

15,205
15,262
O

559

360,740

E

Abstract of reports of earnings, expenses, and dividends of national banks, by Federal reserve districts, year ended June 30, 1931—Continued

M

[In thousands of dollars]
NonDistrict District District District District District District District District District District District member Grand
total
No. 2
No. 3
No. 6
No. 7
No. 1
No. 4
No. 5
No. 8 No. 9 No. 10 No. 11 No. 12 banks
(6,805
(746
(662
(809
(575
(832
(580
(631
(419
(327
(412
(354
(453
(5
banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks)
Recoveries on charged-off assets:
Loans and discounts.
Bonds, securities, etc
Allother.-.
_
Total.Losses and depreciation charged off:
On loans and discounts _
_
On bonds, securities, etc
On banking house, furniture and fixtures.
On foreign exchange _ _
_
;
Other losses
TotalNet addition to profits from operations during
period
_
_
Total dividends declared
Ratios:
Dividends to capital3
per cent
Dividends to capital and surplus *
per cent
Net addition to profits to capital8
__ .
percent..
Net addition to profits to capital and surplus 3
_- percent.
2 Deficit.
3 Capital and surplus as of June 30,1931.




1,062
4,036
1,129

3,782
1,745
2,462

625
593
205

964
452
913

688
90
348

580
277
447

2,466
497
759

660
171
636

926
208
271

1,972
554
869

1,735
191
544

1,122
481
772

24
55
1

16,606
9,350
9,356

34,038

117,537

33,990

31,923

14,886

13,093

41,395

11,684

14,557

22,593

16,989

42,678

689

396,052

fed
O

14, 865
13,436
1,545
19
1,646

75,211
47,396
4,751
97
4,068

12,008
13,370
1,031
1

9,132
4,612
487
35
1,945

6,926
1,599
832
9

4,615
2,702
558

9,142
3,868
1,099
1
1,032 * 1,214

10,843
979
856

9

186,864
119,294
18,448
221
18,684

o

1,088

11,673
6,710
2,993
5
1,908

275
209
40

878

17,160
7,191
2,222
2
2,036

4,375
3,464
415
33

860

10,639
13,760
1,619
19
1,095

31,511

131,523

27,270

27,132

16,211

10,244

28,611

9,192

8,907

15,322

13,766

23,289

533

343,511

2, 527 2 13,986
19,391 65,961

6,720
20,264

4,791
14,253

21, 325
8,235

M96

12, 784
21,625

2,492
6,120

5,650
6,486

7,271
8,478

3,223
7,032

19,389
24,430

15G
310

52,541
211,301

905

W

H

o

I

13.91

16.21

11.66

10.40

11.24

12.16

10.52

10.97

10.13

8.62

12.84

9.05

12.52

7 01

6 64

6.08

5.57

5.91

6.71

7.23

6.66

6.99

6.79

5.64

7.77

5.65

6 64

W

1.63

2 2.95

5.38

3.92

2 1.67

3.68

7.19

4.28

9.56

8.69

3.95

10.19

4.55

3.11

o

.91

2 1.41

2.02

1.87

2.95

2.20

4.27

2.71

6.09

5.83

2.59

6.17

2.84

1.65

3

12.48

a"

79

REPORT OP THE COMPTROLLER OP THE CURRENCY

National-bank investments in United States Government securities and other bonds
and securities, etc., loans and discounts (including rediscounts), and losses charged
off on account of bonds and securities, etc., and loans and discounts, years ended
June SO, 1918 to 1981, inclusive
[In thousands of dollars]

Year
ended
June
30—

United
States
Government
securities

Other
bonds
and securities

Total
bonds
and securities,
etc.

Loans and
discounts
(including
rediscounts)

Losses
charged
off on
bonds
and securities,
etc.

1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929.
1930
1931.-—.

2,129,283
3,176,314
2,269,575
2,019,497
2, 285,459
2,693,846
2,481,778
2,536,767
2,469,268
2, 596,178
2,891,167
2,803,860
2,753, 941
3,256,268

1,840,487
1,875, 609
1,916,890
2,005,584
2,277,866
2,375,857
2, 660, 550
3,193,677
3,372,985
3,797,040
4,256,281
3, 852,675
4,134,230
4,418, 569

3,969, 770
5,051,923
4,186,465
4,025,081
4,563,325
5,069,703
5,142,328
5,730,444
5,842,253
6,393,218
7,147,448
6,656,535
6,888,171
7,674,837

10,135,842
11,010,2G6
13,611,416
12,004,515
11,248,214
11,817,671
11,978,728
12,674,067
13,417,674
13,955,696
15,144,995
14,801,130
14,887,752
13,177,485

44,350
27,819
61,790
76,179
33,444
21,890
24,642
25,301
23,783
27,579
29,191
43,458
61,371
119,294

Percentage of losses
charged off—
Losses
charged
off on
loans
and discounts

33,964
35,440
31,284
76,210
135,208
120,438
102,814
95,552
93,605
86,512
92,106
86,815
103,817
186,864

On bonds
and
securities
to total
bonds and
securities
owned
1.12
.55
1.48
1.89
.73
.43
.48
.44
.41
.43
.41
.65
1 .89
1 1.55

On account
loans and
discounts
to total
loans and
discounts
0.34
.32
.23
.63
1.20
1.02
.86
.75
.70
.62
.61
.59
.70
1.42

Number of national banks, capital, surplus, net addition to profits, dividends, and
ratios, years ended June SO, 1914 to 1931
[In thousands of dollars]
Ratios
Year ended
June 30—

1914.
1915
1916
1917
1918
1919
1920 .
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931 .

Number of
banks

7,453
7,560
7,571
7,589
7,691
7,762
8,019
8,147
8 246
8,238
8,085
8,070
7,978
7,796
7,691
7,536
7,252
6,805

Capital

1,063,978
1,068,577
1,066,209
1,081,670
1,098,264
1,115,507
1,221,453
1,273,237
1,307,199
1,328,791
1,334,011
1,369,385
1,412,872
1,474,173
1,593,856
1,627,375
1,743,974
1, 687,663

Surplus

714,117
726 620
731,820
765,918
816,801
869,457
984,977
1,026,270
1,049,228
1,070,600
1,080,578
1,118,953
1,198,899
1,256,945
1,419,695
1,479,052
1,591,339
1,493,876

Net addition
to
profits

Dividends

149,270 120,947
127,095 113,707
157,544 114,725
194,321 125,538
212,332 129,778
240,366 135,588
282,083 147,793
216,106 158,158
183,670 165,884
203,488 179,176
195,706 163,683
223,935 165,033
249,167 173,753
252,319 180,753
270,158 205,358
301,804 222,672
246,261 237,029
52,541 211,301

Dividends

to

isr

Net addition to
Diviprofits
dends
to
capital To cap- To capand
ital and
ital
surplus
surplus

Per cent Per cent Per cent Per cent
8.39
6.80
11.37
14.03
7.08
6.33
10.63
11.89
8.76
6.38
10.76
14.78
10.52
6.79
11.61
17.96
11.09
6.78
11.82
19.33
12.11
6.83
12.15
21.55
12 78
6.70
12.10
23.09
9.40
6.88
12.42
16.97
7.79
7.04
12.69
14.05
8.48
7.47
13.48
15.31
8.11
6.78
12.27
14.67
9.00
6.63
12.05
16.35
9.54
6.65
12.30
17.63
9.24
6.62
12.26
17.12
8.96
6.81
12.88
16.95
9.72
7.17
13.68
18.55
7.38
7.11
13.59
14.12
1.65
6.64
12.52
3.11

NATIONAL BANES CLASSIFIED ACCORDING TO CAPITAL STOCK

The recapitulation following concerns tables published in the
appendix of this report in relation to the number of national banks
in reserve cities and States on December 31, 1930, classified according to capital stock, with the amount of loans and discounts, bonds
and securities owned, aggregate resources, paid-in capital stock, surplus and undivided profits, and total deposits.



80

REPORT OF THE COMPTROLLER, OF THE CURRENCY
National banks classified according to capital stock December 31, 1930
[In thousands of dollars]
Loans and
Num- discounts, Bonds Aggregate
and
ber of including
banks overdrafts securities resources
owned

Capital of less than $50,000
Capital of $50,000 but less than
$200,000__
Capital of $200,000 but less than
$500,000Capital of $500 000 but less than
$1,000,000
Capital of $1,000,000 but less
than $5,000,000
_...
Capital of $5,000,000 but less
than $25,000,000
Capital of $25,000,000 but less
than $50,000,000
Capital of $50,000,000 or m o r e -

1,912

Surplus
and undivided
profits

Total
deposits

740,096

51,151

3,775 2,302,709 1,605,081 4,794,529

305,956

365,425 3,805,624

880

1,786,164 1,049,865 3,539,965

221,047

259,503 2,845,033

255

1,150, 029

608,387 2,251,199

144,515

164,873

1,809,120

177 2,477 997 1,070,635 4,797,833

294,890

329,890

3,911,196

32 2,424 £80 1,233,758 5,126,679

260,325

4,072,328

383,179 2,217 902
908,015 5,331,481

136 275
308,000

132,294 1,765,245
378,466 4,071,420

4

359,490

1,147 584
2, 720 944

233,146

Capital

47,905

591,680

7,038 14,369,427 7,092, 066 28,799,684 1,722,159 2,064, 337 22,871,646

Total United States

NATIONAL BANK EXAMINERS

The following is a list of the examiners in the service on November
1, 1931:
CHIEF NATIONAL BANK EXAMINER
FOLGER,

W. P., Office Comptroller of the Currency, Washington, D. C.
ASSISTANT CHIEF NATIONAL BANK EXAMINERS

Office Comptroller of the Currency, Washington, D. C.
CROSSEN, G. W.
HODGSON, R. M.
MCBRYDE, W. W.

SMITH, C. F.
WILSON, C. F.

DISTRICT CHIEF NATIONAL BANK EXAMINERS
[By Federal reserve districts]
F. R.
Dist.
No.

1
2
3
4
5
6

7
8
9
10
11
12

Name

Address

Federal Reserve Bank Building, Boston, Mass.
525 Federal Reserve Bank Building, NewYork, N. Y.
Newnham, Stephen L
1500 Walnut Street, Room 1503, Philadelphia, Pa.
Taylor, William
715 Federal Reserve Bank Building, Cleveland, Ohio.
Chorpening, I. I
National Metropolitan Bank Building, Washington, D. C.
717 First National Bank Building, Atlanta, Ga.
Robb, Ellis D
Leyburn, A. P__ _. _ »_ 164 West Jackson Boulevard, room 1209,
Chicago, 111.
1310 Federal Commerce Trust Building, St.
Neill, Robert
Louis, Mo.
Madland, L. L
1334 First National Soo Line Building, Minneapolis, Minn.
Wright, Irwin D
800 Federal Reserve Bank Building, Kansas
City, Mo.
Collier, Richard H
1706 Republic Bank Building, Dallas, Tex.
155 Montgomery Street, room 1103, San FranHarris, Thomas E
cisco, Calif.
Williams, F. D__
Roberts, L. K

See footnotes at end of table.




REPORT OF THE COMPTROLLER OF THE CURRENCY

81

NATIONAL BANK EXAMINERS

Name

Address

800 Federal Reserve Bank Building, Kansas
City, Mo,
Room 1203, First National Bank Building,
Amrhein, J. A_
Charlotte, N. C.
Post-office box 1546, Muskogee, Okla.
Anderson, Glenn E_
525 Federal Reserve Bank Building, New York,
Anderson, O. A
N. Y.
Statler Hotel, Buffalo, N. Y.
Ashwood, Cecil...
705 Federal Reserve Bank Building, Cleveland,
Austin, James WOhio.
611 National Metropolitan Bank Building,
Bailey, J. L_.
Washington, D. C.
1500 Walnut Street, room 1503, Philadelphia,
Baker, W. B.
Pa.
639 H. W. Hellman Building, Los Angeles,
Baldridge, W. H.
Calif.
Post-office box 958, Charlotte, N. C.
Barnett, M. L., jr_
Post-office box 940, Knoxville, Tenn.
Basham, A. A
Post-office box 527, Rock Island, 111.
Baty, M. R__.
309 New Federal Building, Des Moines, Iowa.
Baugh, G. W
525 Federal Reserve Bank Building, New York,
Beaton, Otis W
N. Y.
Post-office box 186, Clinton, Okla.
Becker, E. J., jr.
800 Federal Reserve Bank Building, Kansas
Bishop, R. O
City, Mo.
525 Federal Reserve Bank Building, New York
Black, H. W.
N. Y.
Post-office box 44, Greensburg, Pa.
Bleakley, B. J_
Post-office box 471, Fargo, N. Dak.
Boyle, L. J
Post-office Building, Wilkes-Barre, Pa.
Boy sen Alfred.
164 West Jackson Boulevard, room 1209, ChiBrown, H. L__.
cago, 111.
350 Colorado National Bank Building, DenBurt, Ross M.
ver, Colo.
Post-office box 741, Montgomery, Ala.
Byrne, James J
Room 348, Treasury Department, WashingCarter, Aubrey B
ton, D. C.
Clark, L. H. (JG)
National Metropolitan Bank Building, Washington, D. C.
Clarke, A. A
307 Leonard Building, Washington, Pa.
Clarke, F. S
General delivery, Kingston, N. Y.
Coffin, George M. (Rec.)- c/o Citizens National Bank, Woonsocket, R. I.
Coffin, G. S
„
155 Montgomery Street, room 1103, San
Francisco, Calif.
Coggins, J. D_
Post-office box 1091, Oklahoma City, Okla.
638 H. W. Hellman Building, Los Angeles,
Cooke, A. J.__
Calif.
Crawford, H. M. (JG).__ 1500 Walnut Street, room 1503, Philadelphia,
Pa.
Cunningham, F. F
Post-office box 1175, Lakeland, Fla.
Cutler, W. A
Post-office box 140, Decatur, 111.
1500 Walnut Street, room 1503, Philadelphia,
Davenport, H. B
Pa.
Post-office box 442, Utica, N. Y.
DeBaun, ClaudePost-office box 442, Albany, Ga.
Dolan, Reed
638 H. W. Hellman Building. Los Angeles,
Donahue, C. A
Calif.
800 Federal Reserve Bank Building, Kansas
Donahue, W. H_
City, Mo.
Hotel Keenan, Fort Wayne, Ind.
Donovan, Leo D._
Allen, E. F .

See footnotes at end of table.



82

REPORT OF THE COMPTROLLER OF THE CURRENCY
NATIONAL BANK EXAMINERS—Continued

F.R.
Dist.
No.

Address

Dooley, Thomas E
Douglas, A. M
Dresler, H. B
Dunlapj Thomas C
Dye, Sam W

__.

8 Elkins, Lewis R
_._
11 Embry, Jacob
6 Evans, Clyde J_
4 Faris, A. B
3 Finney, R. Gordon
11 Foster, C. W

64 Riggs Avenue, West Hartford, Conn.
Post-office box 221, Albany, N. Y.
Post-office box 14, Mansfield, Ohio.
1500 Walnut Street, room 1503, Philadelphia
Pa.
326 Central National Bank Building, Peoria,

214 Federal Building, Evansville, Ind.
1706 Republic Bank Building, Dallas, Tex.
Post-office box 822, Nashville, Tenn.
Post-office box 506, Richmond, Ky.
Post-office box 491, Williamsport, Pa.
Care Federal Reserve Bank Building, Houston,
, Tex.
525 Federal Reserve Bank Building, New
Francis, C. C
York, N. Y.
10 Fraser, J. A
Post-office box 574 Hutchinson, Kans.
1 Freeman, O. M
205 Governor Street, Providence, R. I.
7 Fuller, Harry R
Post-office box 592, Indianapolis, Ind.
12 Funston, W. P__
638 H. W. Hellman Building, Los Angeles,
Calif.
Gaskell, G. R
715 Federal Reserve Bank Building, Cleveland,
Ohio.
Gentry, J. H
9 Midland Bank Building, Billings, Mont.
Post-office box 318, Wichita Falls, Tex.
11 Gilbert, H. B
12 Glazier, Charles A
638 H. W. Hellman Building, Los Angeles,
Calif.
Goodhart, R. W. (Rec.)
Care Division Insolvent National Banks,
Office Comptroller of Currency, Treasury
Department, Washington, D. C.
12 Gray, W. M. (JG) (Rec). Care First National Bank, Blythe, Calif.
1 Green, A. W
Federal Reserve Bank Building, Boston, Mass.
1 Griffin, Gerald
Do.
6 Guiles, F. A
135 Merritts Avenue NE., Atlanta, Ga.
8 Harrison, H. G
601 West Oak Street, Carbondale, 111.
3 Hartman, Charles H
5550 Willows Avenue, Philadelphia, Pa.
Hauschild, L. P
4
Post-office box 473, New Castle, Pa.
Hawkins, J. W
11
Post-office box 1471, Abilene, Tex.
11 Hedrick, G. C
1706 Republic Bank Building, Dallas, Tex.
8 Hooker, Robert K
1310 Federal Commerce Trust Building, St.
Louis, Mo.
12 Hooper, Marshall.
507 Farmers Mechanics Building, Sacramento,
Calif.
Hopkins, R. L
164 West Jackson Boulevard, room 1209,
Chicago, 111.
11 Horton, B. E
1319 Thirteenth Avenue, Corsicana, Tex.
2 Hotchkin, Paul L_
326 Ten Eyck Street, Watertown, N. Y.
9 Huck, William F_.
1334 First National Soo Line Building, Minneapolis, Minn.
1 Hurley, Michael J
Federal Reserve Bank Building, Boston, Mass.
11 Hutt, William E
Sherman, Tex.
9 Ickler, L. H., jr. (JG). 309 Torrey Building, Duluth, Minn,
12 Jorres, G. W. (JG)._.
415 First National Bank Building, Santa Ana,
Calif.
4 Julius, W. E
Post-office box 421, Wheeling, W. Va.
8 Kane, W. W
5381 Pershing Avenue, St. Louis, Mo.
3 Ketner, John H__
426 Carsonia Avenue, Pennside, Reading, Pa.
7 Laird, H. A
309 New Federal Building, Des Moines, Iowa.
11 Lamb, Ernest
Post-office box 337, Fort Worth, Tex.
Post-office box 1364, New Orleans, La.
6 Lammond, W. M_

See footnotes at end of table.



REPORT OF THE COMPTROLLER OF THE CURRENCY

83

NATIONAL BANK EXAMINERS—Continued
F. R.
Dist.
No.

Address

4

Lanum, Harry L. (Rec.)

2

Larsen, Walter

7
4
8

Laufer, H. E
Laycock, W. C
Lilly, John F
Linden, C. C
Logan, J. M. (Rec.)
Lorang, P. J

12
2
6
2

10
1
2

Luiken, John B
Luscombe, A. P
Lyon, C. W
Lyons, Gibbs (U)

6
12
3

McCall, W. P
McCans, A. B
McClain, J. S
McCoy, Thomas P
McGinnis, F. J

9
12
10
3
10

McLaren, D. D
McLean, C. H
Male, W. N
Medill, George L
Miller, P. V

8
12
3

Mooney, Russel E
Morgan, C. E
Morgan, Wm. M

5
1
10
9

Motter, Charles W
Murphy, Daniel F
Nelson, F. S
Nelson, Nels

4
7
5

Norman, Louis A
O'Brien, L. J
Ockershausen, F. C

2
9

...

O'Connor, T.J
Olson, W. W. (JG)
12 Palmer, R. E. A
1 Parker, Edw. F
2 Penn, D. V._
-_.
2
11
4

Peterson, F. R
Pierce, W. W
Pole, J. EL,_

12

Price, A. E
Prickett, Karl E___

See footnotes at end of table.



Care Citizens National Bank, Wilmington,
Ohio.
525 Federal Reserve Bank Building, New York,
309 New Federal Building, Des Moines, Iowa.
Post-office box 157, Lima, Ohio.
1310 Federal Commerce Trust Building, St.
Louis, Mo.
403 Empire State Building, Spokane, Wash.
Care First National Bank, Charlotte, N. C.
525 Federal Reserve Bank Building, New York.
N. Y.
823 Comer Building, Birmingham, Ala.
525 Federal Reserve Bank Building, New York,
N. Y.
Post-office box 404, Norfolk, Nebr.
Care Division Insolvent National Banks,
Office Comptroller of Currency, Treasury
Department, Washington, D. C.
Federal Reserve Bank Building, Boston, Mass.
525 Federal Reserve Bank Building, New
York, N. Y.
717 First National Bank Building, Atlanta, Ga.
522 Central Building, Seattle, Wash.
1500 Walnut Street, room 1503, Philadelphia,
Pa.
309 Torrey Building, Duluth, Minn.
522 Central Building, Seattle, Wash.
Post-office box 1082, Pueblo, Colo.
Post-office box 61, Lancaster, Pa.
800 Federal Reserve Bank Building, Kansas
City, Mo.
Post-office box 1092, Louisville, Ky.
522 Central Building, Seattle, Wash.
1500 Walnut Street, room 1503, Philadelphia,
Pa.
Post-office box 493, Richmond, Va.
31 Albion Street, Melrose Highlands, Mass.
202 Federal Building, Grand Island, Nebr.
1334 First National Soo Line Building, Minneapolis, Minn.
Post-office box 621, Cincinnati, Ohio.
Post-office box 553 Sioux City, Iowa.
National Metropolitan Bank Building, Washington, D. C.
Hotel Syracuse, Syracuse, N. Y.
201 Security National Bank Building, Sioux
Falls, S. Dak.
Post-office box 2563, Boise, Idaho.
Federal Reserve Bank Building, Boston, Mass.
525 Federal Reserve Bank Building, New
York, N. Y.
Do.
Post-office box 1223, Shreveport, La.
715 Federal Reserve Bank Building, Cleveland, Ohio.
155 Montgomery Street, room 1103, San
55
Francisco, Calif.
525 Federal Reserve Bank Building, New
York, N. Y.

84

REPORT OF THE COMPTROLLER OF THE CURRENCY
NATIONAL BANK EXAMINERS—Continued

F.R.
Dist.
No.

7
10

Address

Quinn, Henry F_ _
Rafter, Charles T_
Ramsdell, Paul C_
Hansom, F. T
Began, W. A__.
Reimers, D. H_
Reitz, H. A_

10
11
10

Reynolds, J. R
Rial, Ben P
Roberts, L. K., jr_
Robinson, H. P
Roetzel, G. F
Roots, J. O
Ross, M. A

4

Rossman, Richard.

12
1
2

Rummell, J. T_
Ryan, Frank J_
Sales, J. A

7
11
7

Sander, J. L
Sandlin, W. A__.
Schechter, W. JL
Schofield, John W. ( U ) Seabury, Robert M
Sedlacek, L. H_

12
11

3
12

Sevison, Henry.
Shapirer, Leo__
Sibley, W. L
Sims, M. H
Smith, E. T
Smith, George F
Smith, George H. (Rec).
Snyder, Vernon G
Spendrup, Max V
Stevens, L. T .
Stewart, Adelia M.
Stewart, Charles A.
Stewart, H. E
Steyert, F. R
Stobie, Charles A.
Stokes, H . F
Strenz, C. F_

See footnotes at end of table.




Post-office box 78, Grand Rapids, Mich.
Post-office box 551, Cheyenne, Wyo.
National Metropolitan Bank Building, Washington, D. C.
1500 Walnut Street, room 1503, Philadelphia,
Pa.
Post-office box 536, Waterloo, Iowa.
164 West Jackson Boulevard, room 1209,
Chicago, 111.
525 Federal Reserve Bank Building, New
York, N. Y.
Do.
Do.
Do.
Do.
Post-office box 1091, Oklahoma City, Okla.
Post-office box 1062, Austin, Tex.
800 Federal Reserve Bank Building, Kansas
City, Mo.
715 Federal Reserve Bank Building, Cleveland,
Ohio.
514 Post-office building, Portland, Oreg.
Federal Reserve Bank Building, Boston, Mass.
525 Federal Reserve Bank Building, New
York, N. Y.
Post-office box 592, Indianapolis, Ind.
1706 Republic Bank Building, Dallas, Tex.
405 Federal Reserve Bank Building, Detroit,
Mich.
1539 Hay worth Avenue, Hollywood, Calif.
National Metropolitan Bank Building, Washington, D. C.
1334 First National Soo Line Building, Minneapolis, Minn.
515 Boyle Building, Little Rock, Ark.
155 Montgomery Street, room 1103, San
Francisco, Calif.
Post-office box 1584, Wacor Tex.
Post-office box 1058, Pittsburgh, Pa.
Post-office box 463, Columbus, Ohio.
Post-office box 981, Harrisburg, Pa.
Care Union National Bank, Connellsville, Pa.
Post-office box 231, Sunbury, Pa,
638 H. W. Hellman Building, Los Angeles,
Calif.
4929 Pleasant Avenue South, Minneapolis,
Minn.
Room 217, Office Comptroller of Currency,
Treasury Department, Washington, D. C.
Post-office box 97, East Falls Church, Va.
525 Federal Reserve Bank Building, New
York, N. Y.
Do.
Post-office box 313, Honolulu, Hawaii.
501 Charleston National Bank Building,
Charleston, W. Va.
525 Federal Reserve Bank Building, New
York, N. Y.

REPORT OF THE COMPTROLLER OF THE CURRENCY
NATIONAL BANK

F.R.
Dist.
No.

Name
Stuart, Robert K__.
Swensen, Loren T__.

12

Taylor, O. C
Taylor, Wm. M

12

Tolton, A. F
Underwood, C. E__.
Utt, J. F

12

Van Brunt, L. J
Von Birgelen, F. M
Waldron, W. J
Walker, Harry W__
Walker, Hugh M___
Ward, M. M
Watts, John L

11
12

Whitehurst, W. M__
Wilde, MaxC
Wilde, Otto F

10

Williams, E. L_____
Wilson, E. B
Wilson, G. R

11

Witt, G. T

12

Wood, D. R
Woodside, Hal
Wray, H. L
Wright, E. M._

Wilson, Verne J

Young, William R_ _

85

EXAMINERS—Continued

Address
906 Michigan Avenue, Evanston, 111.
1500 Walnut Street, room 1503, Philadelphia,
Pa.
155 Montgomery Street, room 1103, San
Francisco, Calif.
National Metropolitan Bank Building, Washington, D. C.
1107 A. Mattei Building, Fresno, Calif.
715 Federal Reserve Bank Building, Cleveland.,
Ohio.
164 West Jackson Boulevard, room 1209,
Chicago, 111.
1716 St. Anthony Avenue, St. Paul, Minn.
1334 First National Soo Line Building, Minneapolis, Minn.
1548 West Washington Street, Santa Ana,
Calif.
Hotel Witter, Wisconsin Rapids, Wis.
715 Federal Reserve Bank Building, Cleveland,
Ohio.
164 West Jackson Boulevard, room 1209,
Chicago, 111.
525 Federal Reserve Bank Building, New
York, N. Y.
Post-office box 1224, Amarillo, Tex.
514 Post-office building, Portland, Oreg.
National Metropolitan Bank Building, Washington, D. C.
Post-office box 296, Salina, Kans.
Post-office box 607, Albany, N. Y.
326 Central National Bank Building, Peoria,
111.
715 Federal Reserve Bank Building, Cleveland,
Ohio.
Room 504, Greenville Exchange National
Bank Building, Greenville, Tex.
Pulaski National Bank Building, Pulaski, Va.
1248 Washington Avenue, Springfield, Mo.
Post-office box 471, Fargo, N. Dak.
1204 Walker Bank Building, Salt Lake City,
Utah.
407 First National Bank Building, Memphis,
Tenn.

(Rec) = Acting as receiver of a national bank.
(JG) = National bank examiner, junior grade.
(U) = Unassigned.

CONVICTIONS OF NATIONAL BANK OFFICERS AND OTHERS FOR
VIOLATIONS OF THE NATIONAL BANKING LAWS DURING THE
YEAR ENDED OCTOBER 31, 1931

Information furnished by the Department of Justice relative to
conviction during the year ended October 31, 1931, of officers and
employees of national banks, and others, for violation of the
national banking laws, is shown in the following statement:
84644°—32——7



Criminal cases under the national banking laws resulting in conviction during the year ended October 81, 1931

00

o
Name of officer and others

Position

Title and location of the bank

Offense

Fletcher American National Bank, Indianapolis, 0 )
•
Ind.
Embezzlement
First National Bank, Culver City, Calif.
Second National Bank & Trust Co., Red Bank, Aider and abettor
Alexander, H. B
N.J.
Embezzlement, false entries, and
Alley, J . L
Teller
- National Bank of America, Salina, Kans
misapplication.
Misapplication and receiving
Vice president and Colton National Bank, Colton, Calif..
Barr,J.D
commissions on loans and issumanager.
ing bills of exchange without
authority.
Misapplication
First National Bank, Barnum, Minn
Bauer, F. E
Cashier
National
Baugh, John E.
Assistant manager.. Bank of America Francisco, Trust & Savings Embezzlement and false entries. _.
Association, San
Calif,
Embezzlement
_.
Behrn, Alfred -Employee, French- .—do
American branch.
Assistant cashier
Blakely, Victor M..
Continental National Bank, Fort Worth, Tex_ Misapplication
Abstraction, embezzlement, and
Receiver.
First National Bank, Allegan, Mich_
Bly, J. Garver
misapplication.
Reed City National Bank, Reed City, Mich... Embezzlement
Do
do._
First National Bank, Albuquerque, N. Mex
Misapplication. _
_
Bollman, George-.
Paying tellerBowles, Norman. _
First National Bank, Laurel, Miss
Aider and abettor, misprision
First National Bank, Welch, W. Va._
Bowles, R. W
Assistant cashierEmployee
City National Bank, Selma, Ala
_ Embezzlement—.
Brame, George
West Side Atlas National Bank, Chicago, I1L-. Embezzlement and conspiracy
Brogni, Fred
_. Messenger..
Chappaqua National Bank, Chappaqua, N. Y_ Embezzlement
Brown, Miss Constance K. Assistant cashier.do.
Peoples National Bank, Martinsville, Va
Brown, J. A
Cashier
.do.
Morrow National Bank, Morrow, Ohio
_
Bookkeeper.
Brown, L. H., jr.—
First National Bank, Denton, Mont
President . . .
Brown, S
Misapplication and embezzlementAgnew, Walter

Ahern, Fred R

Bookkeeper
Teller.

Bookkeeper a n d
Brylski, Stanley, jr_
teller.
Bugge, Berger (alias A. Employee, foreign
exchange departMilne), alien.
ment.
Assistant cashier,__.
Burke, Thomas J.Butler, William 0_.
Cashier.Cameron, Gwendolyn S._. Assistant cashier




Peru National Bank, Peru, 111
First National Bank, Portland, Oreg..
First National Bank, Gary, Ind
First National Bank, Chipley, Fla..
Bridgeport National Bank, Bridgeport, Pa_.

Embezzlement..

Sentence
1 year and 1 day..
13 months, suspended 3
years on probation.
18 months and $1,000 fine..
5 years, probated

Date of sentence
Feb. 27,1931
July 6,1931
Oct. 7,1931
Apr. 28,1931

2 years, suspended for a June 19,1931
period of 5 years.
4years.
do..

Dec. 22,1930
Apr. 11,1931

3 years, probation 3 years..
3 years and 5 years, 5
years suspended.
5 years
3 years
5 years, probation
_.
6 months
3 years
_.
1 year and 1 day__
2 years_
_.
4 months, to be placed on
probation after service.
5 years.._
1 year and 1 day
$200fineand 8 months in
jail, suspended, probation 3 years.
2 years, probation denied—

May 22,1931

2 years

Sept. 21,1931
Nov. 13,1930
Do.
Apr. 9,1931
Apr. 15,1931
Mar. 16,1931
Oct. 22,1931
Feb. 24,1931
Oct. 26,1931
Jan. 19,1931
Nov. 14,1930
Nov. 7,1930
Sept. 30,1931

Misapplication and embezzlement.
Mar. 18,1931
..do..
Embezzlement
-_
26 months, Atlanta, and June 10,1931
$200 fine, probation 20
months.
1 year and Iday, suspended, Sept. 24,1931
_do..
probation 2 years.

Campbell, Leo.Carl, Michael J_.
Casey, James E_.
Casner, Harold..

Bookkeeper
Receiving teller.

Castellini, Joe J

President. _.

Clancey, William F

President...
Cashier
Bookkeeper.

Clark, James Lawrence

President--_
Coffman, A. C_
Head bookkeeper
Teller
Colo, John G
Auditor
Conway, C. D
Cashier and director.
Copeland, B. A
President
Cox, Emmet A
Assistant cashier
Crampton, M. L
Receiver
Cutts, Arthur D
DaHwig, William R
_. Clerk....
Assistant cashier
Davis, Harry K
_ Teller, CaliforniaMontgomery
Davis, Oscar I
office.
Melrose,
De Craene, Raymond A... Manager, branch of
Arden
Los Angeles.
Paying and receivDelaney, Louis
._..
ing teller.
Commercial bookDel Bono, Alfred
keeper, Monterey
branch.
Dorman, Delor Camin
Collection exchange
teller.
Dowsey, F. Mason.
Assistant cashier
Savings teller..
Elizondo, William._
Engle, W. G
President.
Essig, Edward H

Cashier

iInformation not supplied.




Commercial National Bank, Brady, Tex
National Stock Yards National Bank, National
City, HI.
Citizens National Bank, Galion, Ohio
Long IslandNational Bank, Astoria, NewYork,
N.Y.
Brotherhood of Railway Clerks National Bank,
Cincinnati, Ohio.
Second National Bank & Trust Co., Red Bank,
N.J.
First National Bank, Eldorado Springs, Mo

Conspiracy, misapplication, and 2 years
Apr. 6,1931
false entries.
2 years, U. S. Industrial Mar. 6,1931
Embezzlement
False entries
Misapplication. _.
..do..
Aider and abettor and false entries.

Reformatory.
9 years and $16,000 fine
Sentence suspended

Jan. 5,1931
June 15,1931
May 2,1931

3 years and $5,000 fine
$250 fine....

„

_ Oct.

7,1931

Apr.

6,1931

Sentence suspended, proFalse entries
bation granted 2 years.
___
Misapplication and embezzlement. 18 months...
First National Bank, St. Petersburg, Fla
18 months, probation 5
Security First National Bank Los Angeles, Calif. Embezzlement
years.
Embezzlement and false entries. _. 3 years, suspended 5 years.
First National Bank, Brownsville, Tex
Embezzlement, false entries, and 2 years
Manville National Bank, Manville, N. J
misapplication.
Misapplications, false entries, em- 4 years
First National Bank, Tallassee, Ala
bezzlement, and abstractions.
1 year and 1 day, and pay
Embezzlement
Second National Bank, Pittsburgh, Pa
all costs of prosecution.
2 years
_do_.
First National Bank, Fulton, Mo
First National Trust & Savings Bank, Spokane, Conspiracy to embezzle and mis- 15 months
apply and to make false entries.
Wash.
Abstraction, false entries, and 1 year and 1 day, and $1,000
First National Bank, Wapato, Wash
fine.
embezzlement.
3 years' probation.
Bank of America National Trust & Savings Embezzlement
Association, San Francisco, Calif.

.-—do

-

-

Abstraction.

H
O

Sept. 25,1931
May 18,1931

hrj

June 24,1931
Mar. 2,1931

W

Nov. 14,1930

O

May 20,1931

6

Feb. 6,1931
Feb. 28,1931

H

June

b

1,1931

June 27,1931

o

Probation 2 years

June 23,1931

13
-

3 years, probation 3 years,
and restitution to be
made.
4 years

Aug. 25,1931

Oct.

years for second and
third counts, suspended
for 5 years).
2H years, judge recommended parole after 10
months' service.

w
Q

Apr. 6,1931
First National Bank in Fresno, Calif.
.do..
First National Bank, Great Neck, N. Y.._
Misapplication and embezzlement. Probation 2 years
G)
Bank of Italy National Trust & Savings Asso- Embezzlement and false entries... 18 months, suspended 5 Jan. 26, 1931
years, on probation.
ciation, Los Angeles, Calif.
Misapplication and false entries.__ 18 months (sentence of 2H Jan. 19,1931
National Bank of Lynwood, Lynwood, Calif

First National Bank, Paynesville, Minn.

O

5,1931

— Embezzlement and misapplication. Probation 3 years

First National Trust & Savings Bank, Spokane, Embezzlement.
Wash.
Bank of America National Trust & Savings
do
Association, San Francisco, Calif.

w

d
W
O

Sept. 14,1931
00

Criminal cases under the national banking laws resulting in conviction during the year ended October 31, 1931—Continued
Name of officer and others
Eveleth, Francis M_
Fain, L. W

Position
Bookkeeper.

First National Bank, Mount Rainier, M d . . .
Teller-

Fincher, Charles Forrest.— Vice president and
cashier.
Forrester, Howard G
Cashier
Forston, Harley El
Foster, R . J
Fouschee, Lovell
Fouts, J. L

First National Bank in Bakersfield, Calif
National Bank of Kentucky, Louisville, Ky

Faircloth, J. G
Flaherty, Lester M . . .

Title and location of the bank

National City Bank, New York, N. Y
First National Bank, Tallassee, Ala

Misapplications, false entries, embezzlement, and abstractions.
Abstraction and misapplication,
and falsely certifying check.
Teller and book- First National Bank, Blanchard, Okla
False entry, embezzlement, and
keeper.
misapplication.
First National Bank, Quitman, Ga
Porter
Abstraction
_.
Teller
First National Bank & Trust Co., Lexington, Ky. Embezzlement
First National Bank, Lakeland, Fla
President
Embezzlement, misapplication,
and false entry.

Fox, Charles J.

First National Bank, Leonia, N. J

National Bank of Commerce, Milwaukee, Wis..

Fuller, Damon P
Franz, Hazen
Frazier, F. J
Gafford, Roy C
Garrison, C. W
Gazales, Paul G.—
Gloverman, Ruth

Bookkeeper
Teller
Cashier
President
Assistant cashier.

First NatioDal Bank & Trust Co., Tulsa, Okla..
First National Bank, Bay City, Mich
Farmers National Bank, Glenwood City, Wis..
Minneapolis National Bank, Minneapolis, Kans.
Columbia National Bank, Portland, Ore
First National Bank, Laurel, Miss
()

Golden, Arthur R.

Bookkeeper and teller, P i t t s b u r g
branch.
Assistant cashier
Bookkeeper

Bank of America National Trust & Savings Association, San Francisco, Calif.

Goodin, FredE..—
Good wine, Marion.

Abstraction
„
Aider and abettor in conspiracy
and embezzlement.
Aider and abettor in misapplication.
Misapplication

Gordon, Robert jr.,

Teller.

Graham, Sam S

Assistant cashier




Date of sentence

Sentence

Offense

4 years, suspended 4 years- Feb. 16,1931
2 years
— Mar. 17,1931
May 6,1931

15 months

1 year and 1 day, execution Mar. 18,1931
of sentence suspended,
placed on probation 3
years.
Nov. 14,1930
4 years
Custody United
marshal 1 day.
$500 fine

00
00

States

O

w

^

M a y 21,1931

^

Feb. 25,1931

o
o

$225fine,probation 2 years. Mar. 17,1931
12 months, suspended, pro- Jan. 21,1931
bation 5 years.
2 years at Atlanta, sus- Apr. 23,1931
pended (serving term of
2 years in State prison),
1 year and 1 day, $2,500 Sept. 28,1931
Aider and abettor
fine, and costs.
False entries and misapplication.. 7 months
._ Oct. 27,1931
False entries
_. 5 years
— Aug. 12,1931
Embezzlement.
3 years
- N o v . 19,1930
Misapplication and false entry
Oct. 24,1931
5 years
Conspiracy
2 years
N o v . 12,1930
Aider and abettor in conspiracy. _. 6 years.—
,_.
Apr. 15,1931
2 years, 6 months; execu- Nov* 15,1930
tion on 5 other counts
suspended.
5 years, probation
Embezzlement—
Apr. 25,1931

First National Bank, Benton, 111
Palmer National Bank, Danville, 111

.doFalse entries

Interstate National Bank, Helena, Ark.: also
First National Bank, Helena, Ark.
Commercial National Bank, Brady, Tex

Embezzlement and false entries

3 years, Leavenworth
Feb. 24,1931
2 years, U. S. Industrial Re- Apr. 1,1931
formatory, Chillicothe.
5 years and $5,000 fine
Mar. 18,1931

Conspiracy, misapplication, and

5 years

Apr. 6,1931

S

W
o
d

Grant, Harold C_
Gray, Stanley
Grayson, Harvey C_
Gunderson, M. A---

-do..

First National Bank, Elgin, Nebr..
First National Bank, Portland, Oreg
First National Bank, Elizabethton, Tenn_
First National Bank, Aneta, N. Dak

Hall,J.R

Teller..
do.
Vice president and
cashier.
Cashier

Hansen, A. H .

President.

Elmhurst National Bank, Elmhurst, N. Y___

Hansen, Verner Denzel

Commercial teller,
Highland and Hollywood branch.
Harrington, Donald
Draft clerk
..
Harrington, L. D
Bookkeeper
-.
Harter, Mrs. Jeannette-.. Teller
Hartman, Ernest A..
Harvey, W. B

.doVice president and
cashier.
President
:

First National Bank, St. Clair Shores, Mich..

Security-First National Bank, Los Angeles,
Calif.

Abstraction, misapplication, and |
false entries.
!
Embezzlement
Embezzlement and false entries.__
Embezzlement

Misapplication and false entries... 3 months
First National Bank, Chicago, 111
Probation 3 years
National City Bank, Denver, Colo
_. False entries
1 year and 1 day, and 3
Embezzlement and false entry
San Angelo National Bank, San Angelo, Tex
years, latter sentence
suspended.
3 years, placed on probaFirst National Bank, Portland, OregG)
tion.
4 years and 1 day
First National Bank, Kinston, N. C
Embezzlement-

Hood, K. R
Horton, Roy E

Bookkeeper

Hudson, Walter C

President

Fletcher American National Bank, Indianapolis, False entry
Ind.
Misapplication and false entry
National Bank of Arkansas, Pine Bluff, Ark

Hulbert, Carroll Doty..

Teller

First National Bank, Portland, Oreg

Hebert, Luc
Hester, Walton M...
Hickman, Eobert A.
Hoehm, Charles
Holligan, Edward J
Holt, F. L
Holt, L. B

i Information not supplied.




Apr. 21,1931
Mar. 9,1931
Jan. 24,1931

Oct. 7,1931
Misapplication, false entry, and 1 year and 3 months
embezzlement.
Embezzlement and misapplication. 3 years without costs, Dec. May 5,1931
10, 1930,. reduced to 2
years.
Probation 5 years
Nov. 3,1930
Abstraction and false entries.

Farmers & Mechanics National Bank, Washing- Misapplication, false entries, and
abstraction.
ton, D. C.
Teller,East San Die- First National Trust & Savings Bank, San Die- Embezzlement
go branch.
go, Calif.
Misapplication, embezzlement,
Cashier
Citizens National Bank, Muncy, Pa
and false entries.
American National Bank, Portland, Oreg
False entries
—
Teller.
1
Abstraction, embezzlement, and
C )First National Bank, Allegan, Mich___
misapplication.
City National Bank & Trust Co., Hackensack, Embezzlement
Teller
N. J.
Misapplication and conspiracy to
Assistant president-- First National Bank, Sandersville, Ga
misapply.
False entries, misapplication, and
President
-do..
conspiracy to misapply.
Embezzlement and false entries...
First National Bank, Bishop, Tex._
Cashier

Haynes, Harry V

1 year and 1 day--——— Sept. 29,1931
2 years, paroled
18 months
16 months

Embezzlement

May 27,1931
Sept. 17,1931
Sept. 21,1931

ft

n
o

O

td

rH

Oct. 13,1931

ft
O

4 years 6 months

June 12,1931

yq

1 year, suspended sentence
on probation for 5 years.
1 month, 1 year on probation.
2 years, paroled
1
1 year and 6 months, and
$1,000 fine.
6 months, suspended; probation like period.
18 months

July 15,1931

do

June 22,1931

Q

g

w
o

June 3,1931
Apr. 21,1931
Mar. 16,1931
June 30,1931
May 23,1931
Do.

1 year and 1 day, sus- Jan. 6,1931
pended for 5 years.
— 1 year and 1 day
Feb. 28,1931
3 years and 6 months and May 1,1931
$1,000 fine.
1 year and 1 day and $1,500 Oct. 23,1931
fine, penitentiary sentence to be suspended
on payment offine;fine
paid.

1-3

W
Q

d
Q

Criminal cases under the national banking laws resulting in conviction during the year ended October SI
Name of officer and others
Hyman, Moses..
Irving, Lloyd—..
Jackson, Edward
Jackson, John H
Jeffrey, jr., William J
Johnson, Corydon S..
Johnson, Harry N
Johnson, Nelson F_,

Position

Title and location of the bank

Director
Eunner and clerk..
Teller
Senior bookkeeper.. _
President-.,.--Vice president..

First National Bank, Welch, W. Va._
_
Commercial National Bank, Brady, Tex
First National Bank, Laurel, Miss
do
_
_
Second National Bank & Trust Co., Red Bank,
N. J.
First National Bank, Plattsburg, N. Y
do

Cashier.

..do..
First National Trust & Savings Bank, Spokane,
Wash.
McDaniel National Bank, Springfield, Mo

Johnson, Ralph G

Assistant auditor..

Johnson, W. Cecil

Teller

Jones, Fred B . . .

Cashier

Jordan, E. Linton
Joyce, Mary Veronica
Kahl, jr., Fred
Katz, William

EmployeeBookkeeper
Teller

Keaser, RusselL
Kelley, Eugene
Kelly, John De Wayne

Bookkeeper-

First Camden National Bank & Trust Co.,
Camden, N. J.
Rush County National Bank, Rushville, Ind—

Cashier.

Citizens National Bank, Ortonville, Minn

Clerk

National Bank of Waterville, Waterville, N. Y.._
National Bank of Commerce, Providence, R. I..
National Bank of Pawling, Pawling, N. Y
Omaha National Bank, Omaha, Nebr
Long Island National Bank, Astoria, New York,
N. Y.

Kettmann, Walter

Bookkeeper and First National Bank, Pawhuska, Okla
teller.
Assistant cashier.... Belleville National Bank, Belleville, 111

Kincaid, H. O

Head teller.

Kennedy, Kenneth C

First National Bank, Fort Worth, Tex

Assistant cashier.... Union National Bank, Atlantic City, N. J
Kirkpatrick, jr., James
Kiska, Albert S
__ Paying and receiv- Carnegie National Bank, Carnegie, Pa
ing teller.
Teller
First National Bank, Detroit, Mich
Kiszko, John.




19S1—Continued
Sentence

10 years
6 months
4H years
-^—^
7 years
12 months and 1 day and
$500 fine.
1 year and 2 months..—...
1 year and 2 months, suspended, placed on probation 4 years.
1 year and 4 months, senFalse entry...
tence suspended, probation 4 years.
Conspiracy to embezzle and mis- 1 year and 1 day
apply and to make false entries.
Embezzlement, misapplication, 2 years
and false entry.
Misapplication and false entries
2 years, sentence suspended.
Aider and abettor, false entries
2 years
State prosecution, proba0)
-- tion 5 years.
Misapplication and false entries—. Probation 5 years
Embezzlement
3 years 6 months, 5 years
concurrently, 5 years'
sentence suspended.
Suspended sentence, proFalse entries
bation 3 years.
Abstraction, embezzlement, false 3 years, Chillicothe
entry, and misapplication.
1 year and 1 day and $300
False entries
fine, prison sentence
suspended, probation 3
years.
Misapplication and false entries- $150 fine
Conspiracy, misapplication, and
false entries.
Embezzlement and conspiracy
Aider and abettor in conspiracy...
Misapplication, false entries, and
aiding and abetting.
False entry
Misapplication

18 months U. S. Industrial
Reformatory.
Misapplication and false entries.- 2 years, suspended for 5
years.
Embezzlement.
3 years
....do
15 months

Embezzlement

.do.

2 years and 6 months

Date of sentence
Apr. 6,1931
Apr, 15,1931
Do.
Oct. 7,1931
July 15,1931
Do.

1-3

W
Do.
Feb. 28,1931
June 24,1931
Feb. 13,1931

ft

o
o

Nov. 7,1930

0

Mar. 24,1931
Mar. 12,1931
Oct.

2,1931

Sept. 19,1931
May 26,1931

Jan. 5,1931
Mar. 6,1931
Apr. 6,1931
Dec. 18,1930
Sept. 30,1931
Oct. 31,1931

W
o

Lamb, Owen M

Director

Lambert, Russell F

Employee..

Lapp, Edward L

_.

do

First & Moorhead National Bank, Moorhead,
Minn.
()
Nyack National Bank, Nyack, N. Y

Latendhesse, Mose H

Cashier..

Farmers National Bank, Red Lake Falls, Minn-

Le Fleur, Leo J_,

Teller, West Grand
Boulevard
and
Grand
River
branch.
President

First National Bank, Detroit, Mich..

Lenertz, Anton T_
Long, R. L_.
Love, F. S...,--.
Lumley, C. H .
Maas, Louis
MacFarlane, Qeorga J
M acPherson, D ouglass
Magers, Milton H
Malloy, John E
Malschnee, Harry D

Abstraction

4 years and $1,000 fine

2 years and 4 months
(1 year and 1 day
\ Placed on probation for 5
do
,
. years.
1 year and 1 day and $500
False entry
fine, penitentiary sentence stayed for 3 years.
Aider and abettor in embezzle- 1 year and 3 months
ment.

Embezzlement.,

Jan. 26,1931
Dec. 29,1930
1 Mar. 16,1931
[Mar. 26,1931
May 26,1931
Oct. 20,1931

Assistant c a s h i e r
and teller.
Assistant cashier— First National Bank, Florence, Ariz
Teller
First National Bank, Alliance, Nebr
Bookkeeper
__. Republic National Bank & Trust Co., Dallas,
Tex.
.....do
Second National Bank & Trust Co., Red Bank,
N.J.
Assistant manager. _ First National Bank, Detroit, Mich
First National Bank, Blackwell, Okla
Bookkeeper
Lawrence Avenue National Bank, Chicago, 111..
Assistant cashier
Akron National Bank, Akron, Pa
Cashier

Embezzlement,
do.
Embezzlement, abstraction, misapplication, and false entry.
False entries
Embezzlement.
Abstraction
Embezzlement.

0)

-

18 months and $600 fine... June 16,1931
Dec. 24,1930
Probation 5 years
Oct. 15,1931
60 days, county jail
$500 fine....

Oct.




O
O

7,1931

Oct. 5,1931
2 years
1 year and 1 day, paroled. _ Feb. 9,1931
Apr. 14,1931
4 years and $2,500 fine
State prosecution
0)

18 months, suspended, on Sept. 18,1931
Martin, Jennings Bryan.. _ Teller, Brawley Bank of America National Trust & Savings Embezzlement
probation for 5 3?ears.
branch.
Association, San Francisco, Calif.
Bookkeeper, Mis- Bank of California National Association, San False entry and misapplication.... 3 years, probation for 3 Jan. 31,1931
Massey, John G
years, suspended.
sion branch.
Francisco, Calif.
Assistant cashier— First National Bank, St. Clair Shores, Mich... Misapplication and embezzlement. 1 year and 3 months, sen- Oct. 7,1931
Matthews, Archie R
tence suspended 3 years.
June 30,1931
2 years
Embezzlement
Receiver
National Bank of Lumpkin, Lumpkin, Ga
McCook, Albert F_
Apr. 15,1931
Chatham Phenix National Bank & Trust Co. Embezzlement and misapplica- 1 year and 1 day__
Teller
McGirr, William J
tion.
New York, N. Y.
Feb. 2,1931
Misapplications and false entries. ....do
City National Bank, Shawneetown, Ill._
Assistant cashier
McKelligott, Hugh
Sept. 9,1931
Probation
Misapplication
First National Bank, Lynch burg, Va
Bookkeeper
Meade, W. R
Jan. 21,1931
Probation, 6 months
First National Bank, Trevorton, Pa
Cashier
Michael, Oliver J
(0 — Oct. 1,1931
1 year and 1 day
First National Bank, Wichita, Kans
Teller.._
Miller, Floyd
0)M is application, aided and abetted 2 years 6 months without Mar. 30,1931
Elmhurst National Bank, Elmhurst, N. Y
Miller, William Douglas.
costs.
by another.
Feb. 23,1931
1 year and 1 day.._
Embezzlement
Teller
Lynchburg National Bank, Lynchburg, Va
Moose, Tyree W__
1 year and 1 day, admitted Nov. 19,1930
0)
Receiving and pay- First National Bank, Marianna, Fla
Morgan, Henry R_
probation.
ing teller.
3}^ years.
_
1. Mar. 24,1931
Embezzlement
National Bank of Commerce, Detroit, Mich
Teller.
Moser, Ralph W _ _
1 year and 1 day, U. S. May 25,1931
Moss, Walter
Assistant cashier
False entry arid embezzlement
First National Bank, West Frankfort, 111
Industrial Reformatory,
Chillicothe.
1 Information not supplied.

i

1 year and 1 day and $500 May 26,1931
Farmers National Bank, Red Lake Falls, Minn.. False entry.
fine, penitentiary sentence stayed for 3 years.
Mar. 27,1931
Missapplication and false entries._ 18 months
First National Bank, Elizabethton, Tenn.

H
W

o
M

W

o

o

o
<

Criminal cases under the national banking laws resulting in conviction during the year ended October SI,

1981—Continued

CO

to
Name of officer and others
Mott, W. D
Nagle, Cyril K____
Nagle, H. Eugene.
Newhouse, Alfred Paul
Newton, Theodore H
Nickel, G.E__
Norris, Lyman E
Northington, Allen. __
'Northington, Edward
Ogden, William A_.
Ollinger, Bess
Olson, Arthur T___
Olson, Edward M.
Ongaro, Frank. _
Oren, William
Otto, Louis G

Position

Title and location of the bank

President
Bellport National Bank, Bellport, N. Y_.
Assistant cashier
Second National Bank, Altoona, Pa
Teller and general
do__
bookkeeper.
Bookkeeper
Rush County National Bank, Rushville, Ind...
Teller
Athol National Baiik, Athol, Mass
President
First National Bank, Alva, Okla
Vice president..
Brotherhood of Railway Clerks National Bank,
Cincinnati, Ohio.
President
First National Bank, Prattville, Ala
Vice president and
do
cashier.
Bookkeeper
Commercial National Bank, Brady, Tex.,
Cashier..
City National Bank, Shawneetown, 111...

Offense
False entries and misapplication..
Embezzlement
_
do
„
Abstraction, embezzlement, false
entry, and misapplication.
Misapplication
Making political contribution
Conspiracy and false entries
False entries and misapplications.
do

Conspiracy, misapplication, and
false entries.
Misapplication, embezzlement,
and false entries.
Abstraction
Cashier and director. First National Bank, Van Hook, N. Dak
Aider and abettor in misapplicaFirst National Bank, St. Clair Shores, Mich.... tion, false entry, and embezzlement.
Long Island National Bank, Astoria, New False entry
Cashier.York, N. Y.
Assistant trust offi- Marion National Bank, Marion, Ind
Embezzlement
cer.
Assistant cashier Citizens National Bank, Evansville, Ind
Embezzlement and false entry
and teller.
First National Bank, Boulder, Colo
Bookkeeper
Misapplication and false entries. _

Sentence
Parole 2 years
18 months
Probation 2 years.

Date of sentence

do.
Bank fined $50
2H years at reformatory..

0)
May 25,1931
Do.
Sept. 26,1931
June 22,1931
Sept. 29,1931
May 2,1931

4 years.
do..

Sept. 19,1931
Do.

1 year and 1 day__

Apr. 6,1931
1 year and 1 day.
Jan. 19,1931
4 years
...
July 21,1931
3 years
1 year and 1 day, sentence Oct. 7,1931
suspended, 2 years.
1 year and 1 day, sentence June 15,1931
suspended.
1 day without costs
Dec. 3,1930

Apr. 13,1931
2 years
Probation 1 year, 60 days Dec. 27,1930
Denver County Jail.
5 years
Parker, Earl S
Assistant cashier
Winona National & Savings Bank, Winona, Misapplication and false entry
Dec. 6,1930
Minn.
Commercial and Bank of Italy National Trust & Savings Embezzlement..
. . . 11 months, probation 11 Mar. 28,1931
Pegg, Ovid Pescal
months.
savings teller,
Association, San Francisco, Calif.
Anaheim branch.
Frost National Bank, San Antonio, Tex
False entries and misapplication.. 1 year and 1 day.Do.
Pendleton, Henry Edgar.. Bookkeeper..Embezzlement———Sentence suspended, 2 Feb. 2,1931
Peterson, James L
_ Teller.
_
First National Bank, Detroit, Mich
years probation.
Central National Bank, Columbus, Nebr
Assistant cashier
2 years.__
Phillips, A. J...
Oct. 31,1931
Embezzlement and conversion
18 months, suspended and Jan. 5,1931
Phillips, H. G.
Auburn National Bank, Auburn, Wash
....do
costs paid.
Employee, East Bank of America National Association, New Embezzlement and false entries.. 1 year and 1 day
Mar. 12,1931
Pica, Vincent...
York, N. Y.
River office.
Huntington, National Bank, Columbus, Ohio,. Misapplication and false entry
Bookkeeper
2 years, probation 2 years.. June 27,1931
Pilcher, Albertus P..
First National Bank, Tranquility, Calif.
Misapplication and false entries.— 18 months
Apr. 6,1931
Potts, John S
_.
Cashier..First National Bank, Williams, Iowa
False entries..
2 years
June 16,1931
Pound, L. E
....do
Owen, Robert William




Active vice president and director.
Paying teller
Mail clerk
Assistant cashier

Raihala, William E .
Rauscher, Carl F
Reilly, Frank.
Reilly, J. M
Reiss, George H .
Reynolds, Ernest L_
Reynolds, Robert F
Rieland, George H
Do
Rippberger, Paul J
Rivers, Edwin Peter

First National Bank, Welch, W. Va._
American National Bank, Passaic, N. J
Frost National Bank, San Antonio, Tex
Merchants National Bank, Salem, Mass

_ Assistant cashier
_
Receiver
.doCashier
Teller-bookkeeper..

Roberts, Gibbon T
Roche, Edward Felix

TellerEmploye, bond department.

Rogers, William A..

Bookkeeper

Romano, Caesar E__.
Rosenblum, Harry...
Roth, Frances
Rothfuss, Clifford A_,
Rothrock, Edwin R...

Cashier
Savings and collection teller.
C)

Christmas and Savings Club teller
, and savings ledger
bookkeeper.

»Information not supplied*




-

C1)

-

5 years _
Probation 2 years
Embezzlement and false entry
False entries and misapplication. _ 1 year county jail
State prosecution, 7 to 10
0)
—years in State prison.
5 years
First National Bank, Deer River, Minn
Bookkeeper.
Abstraction and false entry
10 years and $5,000 fine
Cashier
Iowa National Bank, Ottumwa, Iowa
False entries, misapplication, and
and costs.
embezzlement.
Clerk, bookkeeping Second National Bank & Trust Co., Red Bank, Misapplication and false entries.. $500 fine
department.
N. J.
Misapplication and embezzlement- 22 months
First National Bank, Auburn, Wash
Assistant cashier
Chief clerk, book- Second National Bank & Trust Co., Red Bank, Embezzlement and misapplication. 18 months and $1,000 fine..
keeping departN.J.
ment.
National Bank of Kentucky, Louisville, Ky
BookkeeperConspiracy and embezzlement
2 years.

Price, J. W_.
Puglia, Charles
Pulliam, Tom Denton
Punehard, Ralph A

3 years 6 months, suspended, probation.
4 years
_
do.
1 year and 1 day, suspended
2 years, sentence suspended, probation 5
years.
Commercial National Bank, Brady, Tex...
_ Conspiracy, misapplication, and 3 years
false entries.
1 year and 1 day, 3 year
Harriman National Bank & Trust Co., New Embezzlement and false entries
sentence suspended, proYork, N. Y.
bation 3 years; sentence
reduced to 4 months on
1 year and 1 day sentence.
1 year and 1 day, and at
First National Bank, Kenedy, Tex_.
False entries and embezzlement
expiration 2 years on all
other counts, defendant
to be placed on probation.
National Bank of Commerce, Providence, R. I . . . Aider and abettor, false entries, 3 years...
and misapplication.
2H years
Brotherhood of Railway Clerks National Bank, False entries and conspiracy
Cincinnati, Ohio.
3 years and 3 days, proColumbus National Bank, Columbus, Ohio
Embezzlement and false entries
bation.
2 years, jointlyfined$2,000
New Jersey National Bank & Trust Co., New- Misapplication.
with Savitt.
ark, N. J.
9 months, suspended, proMontgomery National Bank, Norristown, Pa
Embezzlement and false entries
bation 1 year.
Cayuga County National Bank, Auburn, N. Y_ _
First National Bank, Abercrombie, N. Dak
Farmers National Bank, Lidgerwood, N. Dak_ _.
First National Bank, Sebring, Fla
Winona National & Savings Bank, Winona,
Minn.

Misapplication and false entry
Embezzlement
..
0)
Misapplications and false entries..
False entry

July 15,1931
May 7,1931
(})

June 13,1931
Sept. 17,1931
Oct. 7,1931
Jan. 12,1931
Oct. 7,1931

Mar. 17,1931
Nov. 25,1930
May 27,1931
Do.
Nov. 1,1930
Apr. 13,1931
Apr.

6,1931

Feb. 10,1931

Jan.

5,1930

Nov. 7,1930
May

2,1931

Mar. 27,1931
Oct. 20,1931
Nov. 26,1930

CO

Criminal cases under the national banking laws resulting in conviction during the year ended October 31, 1931—Continued
Name of officer and others

Position

Title and location of the bank

Sioux National Bank, Sioux City, Iowa.
Savings teller
Manager foreign de- First National Bank, Elwood City, P a partment.
Savitt, Max.
0)
• New Jersey National Bank & Trust Co., Newark, N. J.
First National Bank, Laurel, Miss
Schaeffer, Roy
Vice president and First National Bank, Mount Rainier, Md
Schatz, Clarence F_
cashier.
Assistant manager, Chatham Phenix National Bank & Trust Co.,
Scheel, William J__.
New York, N. Y.
Branch H, Fifth
Avenue and Thirtieth Street.
Exchange National Bank, Tulsa, Okla.
Auditor
Schneider, Joseph J
Peoples National City Bank, New York, N. Y..
Schneider, William F., jr... Clerk, branch.
Trust
Rudd, Jerome E..
Ruscille, M. A__.

Scott, A. E
Scarles, Raymond .
Semetis, Nicholas V .
Shackleford, C. H.
Shafer, Amor W...
Shandley, Gordon B_.
Simonini, Peter L
Simpton, Frank G., jr

Offense

Apr. 30,1931
2 years
2 years at expiration of Nov. 24,1930
another sentence of 4
years.
Misapplication
... 2 years, jointly fined $2,000 Oct. 20,1931
with Rothfuss.
Apr. 15,1931
4^ years..
Aider and abettor, conspiracy
May 6,1931
15 months
Misapplication and false entries
Dec. 15,1930
2J^ years.
Embezzlement..

Misapplication and false entries
Embezzlement

National Bank of Commerce, Providence, R. I.. False entry
Bank of America National Trust & Savings Embezzlement..
Association, San Francisco, Calif.

Bank of America National Association, New
.do..
York, N. Y.
Conspiracy, misapplication, and
Commercial National Bank, Brady, Tex
false entries.
First National Bank, Erie, Pa
Embezzlement andtfalse entries...
Teller.—
Smith, Leo J
_.
Security-First National Bank, Los Angeles, Embezzlement
Smock, John P
Calif.
Misapplication, false entries, and
President and direc- First National Bank in Kiefer, Okla
Steigleder, R. E. E
conspiracy.
tor.
Misapplication
_
Mahaffey National Bank, Mahaffey, Pa
Stephenson, William Lisle- Bookkeeper
Embezzlement
Second National Bank, Altoona, Pa
Stone, Jean
Clerk-teller
Fergus Falls National Bank, Fergus Falls, Minn. Abstraction and false entries.,
Strand, Glen B
Bookkeeper
Anglo & London Paris National Bank, San Embezzlement
._.
Suhr, Herbert Charles
Teller
Francisco, Calif.
Skinner, Nathaniel R

Smith, Alva




Date of sentence

Embezzlement..—do

Cashier
First National Bank, Blytheville, Ark
Misapplication and false entries
Teller, Belvedere Security First National Bank, Los Angeles, Calif. Embezzlement. __
Gardens branch.
West Side Atlas National Bank, Chicago, 111— Aider and abettor in embezzlement and conspiracy.
Bookkeeper-teller.. - First National Bank, Clarksville, Tex.
_. Embezzlement
Aider and abettor in conspiracy
Brotherhood of Railway Clerks National Bank,
Cincinnati, Ohio.
Misapplication
_
Bookkeeper
National Bank of Commerce, Houston, Tex
do
Assistant manager,
Point Reyes
branch.
Clerk, Times Square
office.
Runner and clerk. __

Sentence

8 months
_
Suspended sentence, 1
year probation that period.
3 years
3 years, probation
2 years
1 year and 1 day_
2 years
3 years, probation 5 years
if restitution made.
5 years
3 years probation, ordered
to make restitution in
the amount of $2,250.
4 months

Sept. 4,1931
Sept. 30,1931
May 28,1931
Oct. 19,1931
Oct. 22,1931
Apr. 20,1931
May 2,1931
Apr. 17,1931
Nov. 7,1930
Oct. 28,1931

May 25,1931

6 months...

Apr.

4 years and costs
4 years State reformatory..
3 years

Feb. 11,1931
Jan. 19,1931

Probation 3 years
Probation 2 years....
2 years
3 years, suspended, 3
years probation.

Oct.
May
Nov.
Mar.

6,1931

Feb. 10,1931

26,1931
25,1931
3,1930
14,1931

Sweeney, John J_.
Taylor, W. A
Thomas, ftussell...
Thompson, Albert 0

Clerk

Thomson, J. D

Townsend, G. A

Assistant cashier

Trace, Myron D__
Trimble, Ernest L. K,

_. Teller.
Cashier.

Turner, Glenn W
Urban, William J
Vail, Andrew
Vass, ft. W

_

Wadlow, George W
Wagner, Evelyn

_

_-

j Citizens National Bank, Crawfordsville, Ind.

do
; New First National Bank, Farmland, Ind
i Clorl:
„; Peoples National Bank, Elizabeth, N. J
! Teller
; First National Bank, Chicago, 111
Paying and receiv- ! First National Bank, Tampa, Fla
ing teller.
!
Cashier
• First National Bank, Fontana, Calif
Savings teller
• Schmclz National Bank, Newport News, Va
.
Manager, s a v i n g s ; National Bank of Commerce, Milwaukee, Wis__
department.
j
Teller
_ McDanicl National Bank, Springfield, Mo
Clerk

Wagner, Mrs. Lavinia G..| Bookkeeper
i
Employee
Walker, Edward B
_.|
Walker, William Lemuel. J Teller
Walton, Lemmar S
Cashier
Wardrop, Charles Mar- Assistant cashier.
shall.
Wassen, E. W
.„ ..do
-._.
Waugh, E. Grier
3 ookkeoper
Wedan, E. A
Cashier
Weeks, T. M
_.._ Vice president

Misapplication and false entries

' First National Bank, Ontonagon, Mich
_-' National Bank of Mead villa, Meadyillc, Pa
; First National Bank in Fresno, Calif

. First National Bank, Whcaton, 111
! First National Bank, Suffolk, V;i.__
South walk National Bank, Philadelphia, Pa
Frost National Bank, San Antonio, Tex
First National Bank. Rycamoro, Ohio
; First National Bank) Tamaqua, Pa..
_j
_l
_|
,_i

Jan.

6,1931

0 months and $1,000 fine— June 15,1931
2 years and lined $1 on Oct. 15,1931
execution each count
(4 counts).
1 year and 1 day, sus- May 9,1931
pended for 3 years.
State prosecution
0)

• Department mana- Chase National Bank, New York, N. Y
ger of buy and sell
department.
Cashier and director. First National Bank, Welch, W. Va.
j
President
; First National Bank, Loineta, Tex

Thorn, J. A_
Tippen, W. W

Vierich, Henry F._.
Vincent, W. T
Voelz, Erwin F. C_.

1 year and 1 day

Assistant manager, I First National Bank, Boston, Mass
foreign depart- I
inent.
Cashier and director.1 First National Bank, Wanette, Okla.
Exchange teller
_ First National Bank, Ardmoro, Okla.

' Embczzlementdo

False entries
Embezzlement
-_-Misapplication and false entries..
EmbezzlementMisapplication
Embezzlement and false entries. .

5 years.__
_
IS months, suspended,
parole 18 months, suspended Jan. 31.
3 years and 6 months

(»)
Jan. 18,1931

2 years, probation 2 years..
2 years and 20 years, to be
released on probation expiration 2 year sentence
if restitution is made.
15 months at Chillieothe ._
2 years probation
•
3 months
j
1 year and 1 day__
_.

Mar. 14,1931
Apr. 21,1931

Misapplication
False entries and abstraction
|
Misapplication and false entries.._
Embezzlement, false entries, abstraction, and misapplication.

9,1931

May
Nov.
May
Dec.

9,1931
24,1930
27,1931
18,1930

4 years, suspended
___• Feb.
!
Nov.
V/i years1 year and 1 day, $2,500 j Sept.
fine, and costs.
|
2 years
: June

19,1931
3,1630
28,1931

Embezzlement, misapplication,
and false entry.
! 90 days, suspended; probaEmbezzlement.-tion 1 year.
j False entries and misapplication__ Imposition of sentence suspended for 5 years.
!
Embezzlement, misapplication, 3 * months in Mercer
County jail.
I and false entries.
: Embezzlement and false entries.. 18 months
Embozzlement and abstraction... j 3 years
_.
" do
' Abstraction

Chickasha National Bank, Chickasha, Okla
|
Commercial National Hank, Statesvillo, N. U___
First National Bank, Ontonagan, Mich.
First National Bank, Florala, Ala

Apr.

S5Q0fino
_
2 years
°
---•' 0
^~
3 years and " months
15 months..

O

a
o
o
H
O

r1

24,1931

Apr. 13,1931
Nov. 3,1930
Jane 16,1931
Oct. 12,1931
SeDt. 17,1931
Mar. 10,1931
Juno
Apr.
Apr.
Nov.

29,1931
30,1931
9,1931
17,1930

O

s
o
Kj

i Information not supplied.




CD
C

Criminal cases under the national banking laws resulting in conviction during the year ended October 31, 1931—Continued
Name of officer and others

Position

Title and location of the bank

O Sense

Weigle, Leslie C

Cashier.

First National Bank, Fremont, Ind.

Embezzlement..

Welton, George Marshall

Messenger, HaightClayton Branch.
Assistant cashier

Bank of America National Trust and Savings
Association, San Francisco, Calif.
Third National Bank, Mount Vernon, 111

Misapplication.

Wilkerson, W. A
Wilkinson, William J____

Teller

Sentence

Wolf, K. V

First National Bank & Trust Co., Oklahoma
City, Okla.
Note teller
Departmental Bank, Washington, D. C
Bookkeeper
City National Bank, Wichita Falls, Tex
Teller and general Security-First National Bank, L'os Angeles,
bookkeeper, IngleCalif.
wood branch.
Cashier
First National Bank, Olive, Calif
_.

Yantis, Miss Willie F___

Stenographer

York, "William B

Assistant cashier,
Healdsburg
branch.
Bookkeeper

Williams, Elbert C
Wilson, Frank T
Wilson, Robert Stuart...

Young, L. P




Date of sentence

3 years probation without
imposition of sentence
and without costs.
1 year probation

Dec. 18,1930

Embezzlement, misapplication,
and false entries.
Abstraction..

3 years.

May 18,1931

6 months

Feb. 23,1931

Embezzlement
Abstraction and false entries
Misapplication

2 years, probation
13 months
18 months, suspended,
probation 5 years.

Feb. 28,1931
Mar. 26,1931
Feb. 23,1931

_
_

Apr. 18,1931

Misapplication and false entries. _. 0 months, suspended 2 ' Sept. 29,1031
| years.
i
Conspiracy, misapplication, and j $250 fine within G days or! Apr. 6,1931
O
false entries.
! 0 months in jail.
_
_.. 3 years, probation 3 years.. Sept. 23,1931
Bank of America National Trust & Savings As- Embezzlement--.
sociation, San Francisco, Calif.
:
Commercial National Bank, Brady, Tex

City National Bank & Trust Co., Corpus '
Christi, Tex.
|
I

do.

H

1 year, suspended for 2 May 28,1931
years.

3

W

o

FEDERAL RESERVE BANKS
Assets and liabilities of the 12 Federal reserve banks combined, as of the last weekly statement date in October, 1922 to 1931
[In thousands of dollars]
26,1927'Oct. 31,1928 Oct. 30,1929 Oct. 29,1930;Oct. 28,1931
Oct. 25,1922 Oct. 31,1923 Oct. 29,1924 Oct. 28,1925!Oct. 27,1926 Oct.
_!
ASSETS
Gold reserves
Other cash reserves
_
Nonreserve cash
___
Bills discounted
Bills bought in open market...
United States Government obligations.
Other bills and securities
Uncollected items
.'
All other assets

3,085,093
126,835
(0

3, 111, 078 3,043, 826
80, 067
87, 768
39,152
42,300
883, 800
222, 565
204, 698
215,404
91, 837
584,200
317
2,007
611,709
611,271
87,490
69,047 |

2, 782, 549
110, 511
52,932
589, 994
328, 717
324, 757
6, 619
684, 027
80, 317

2,823, 327
130, 750
52,841
631, 923
307, 541
300,174
2,500
603, 558
74,449

257. eai
408,63G
27
653, 483
63, 931
j 5,065,095 | 5,091,267 j 4,897,269 | 4,960,423 j 5,017,063

Total

2,956/552
135, 793
61,137
402, 398
301,111
510,630
620
688, 277
73, 497

2,641, 096
131, 900
56, 874
932, 271
440, 376
227,099
3,730
694,479
70, 213

5,130, 015 ! 5,198,038

3,037,193
154,581
71, 364
201, 003
165, 653
601,438
6, 322
526,697
91, 327

2, 738, 431
164, 420
71, 740
716, 680
724, 680
726, 959
29, 919
432, 579
126,141

5,754,363 | 4,856,183

5, 731, 549

3,020,951
156,057
85,276
991, 038
339, 885
292,688
25,131
772, 955
70, 382

Federal reserve notes in circulation
[ 2,29S, £30
Federal reserve bank notes in circulation—net liability.
37,995
Deposits:
Member bank—reserve account
_ 1, 799, 931
Government
23,659
Other
|
18,180
Deferred availability items
I 539, 773
Capital paid in.
_
I
106,277
Surplus
j
215,398
All other liabilities
_
j
25, 316
_

_

H
O

Q
C

H

5

LIABILITIES

Total

S

_

2, 224, 865
523

1, 766,622

1,694,771 | 1,730,511

1, 702, 999

1,895, 265
40, 334
23, 061
555, 914
109, 726
218, 360
23, 210

2,162,347
28.266
27,351
oCS, 510
111,953
220, 915
13, 305

2, 227,212
38,670
31, 382
617, 350
116,602
217, 837
16, 599

2,351, R70
19, 294
32. 287
646!6]5
131,2G3
228, 775
16, 8S2

| 5,065,095 I 5, 091, 267 4,897,269 [ 4,960,423

2,216,896
38,540
25,689
638,465
124, 392
220, 310
22, 254

1,354,881

2, 3S3, 948

2, 651,608
18,967
25, 896
714, 209
167, 025
254, 398
42,068

2,468,280
26, 674
24, 457
517,004
170, 444
276,936
17, 507

2, 228, 875
39,141
192, 049
428, 861
164, 650
274, 636
19, 389

5,754,363

4,856,183

5,731,549

1, 709,816 1, 880,192
2, 370,988
20,498
27,536
655.508
145, 878
233. 319
34; 495

5, 017, 063 5,130,015 I 5,198,038

c
d

1

N o t shown separately prior to 1923.




£
S

o

98

REPORT OF THE COMPTROLLER OF THE

CURRENCY

Principal assets and liabilities of the 12 Federal reserve banks combined, on the
last weekly statement date in each monthf from Januaryt 1927, to October, 1931
[In millions of dollars]
Assets
Bills and securities
Date

1927
Jan. 26
Feb. 23
Mar. 30
Apr. 27
May 25
June 29. __
July 27
Aug. 31
Sept. 28
Oct. 2G
Nov. 30
Dec. 28

United
Bills States
Bills bought Governdisment T o t a l
counted in open securimarket
ties

-

365
398
456
444
429
477
398
401
430
402
477
609

Gold

2,967

2,192
2,166
2,274
2,270
2,268
2,342
2,282
2,299
2,337
2, 352
2,379
2,432

2,819
2,808
2,760
2,723
2,607
2,583
2,604
2,619
2,633
2,641
2,600
2,584

2,988
2,974
2,931
2,757
2,738
2,761
2,765
2,771
2,773
2,722
2,689

1,585
1,588
1,567
1,573
1,593
1,605
1,607
1,651
1,682
1,710
1,766
1,011

2,355
2,S75
2,357
2,417
2, 357
2,345
2,300
2,269
2,316
2,371
2,361
2,409

2,402
2,426
2,401
2,475
2,408
2,382
2,346
2, 325
2,366
2,419
2,411
2,455

1,4(57
1,463
1,410
1,281
1,259
1,262
1, 308
1,292
1,375
1,649
1,514
1,548

2, G67
2,687
2,709
2,799
2,824
2,896
2,924
2,962
2,998
3,021
2,987
2,857

2,835
2,844
2,879
2, 973
2,970
3,073
3,109
3,149
3,162
3,177
3,135
3,011

1,645
1,654
1,653
1,653
1,654
1,658
1,779
1,829
1,838
1,880
1,930
1,910

2,391
2,367
2,332
2,290
2,286
2,344
2,355
2,306
2,364
2,652
2,376
2,355

2,437
2,413
2,383
2,350
2,331
2, 420

477
483
529
530
530
577
576
602
602
601
596
729

1,154

2,985
2,990
3,051
3,073
3,057
3,059
3,005
2,956

3,188
3,187
3,242
3,252
3,221
3,232
3,178
3,120
3,141
3,192
3,164

1,702
1,637
1,573
1,507
1, 466
1,403
1,335
1,337
1,348
1,355
1,422
1,664

2, 308
2, 346
2,340
2, 385
2,347
2,386
2,415
2,419
2,416
2,468
2,410
2,471

2, 369
2,408
2,388
2,434
2,421
2,459
2,469
2,470
2,484
2, 519
2,463
2,517

610
599
599

945
896
847
924
876
947
935
1,157
1, 558
2,198

3,278
3,261
3,310
3,352
3,433
3,558
3,619
3,658
3,301
2,903

1,478
1,448
1,442
1,528
1, 552
1,674
1,736
1,946
2,098
2,384

2,425
2,378
2,357
2,408
2,425
2,457
2,415
2,342
2,364
2, 229

2,484
2,428
2,433
2,463
2,471
2, 557
2, 555
2, 631
2, 506
2,460

347
344
340

441
408
386

304
223
169
184
263
440
482
489

219
212
208
209
229
227
229
232

1,174
1,245
1, 257
1,381
1,468
1,468
1,402
1,433
1,508
1,603
1,706
1,899

821
952
1,024
975
988
1,017
1,076
974
944
991
912

430
334
208
141
118
83
75
157
264
340
257
392

202
166
170
150
145
150
147
145
152
293
326
511

1930
Jan. 29
Feb. 26
Mar. 26
Apr. 30.
May28__
June 25
July 30
Aug. 27
Sept. 24
Oct. 29
Nov. 26
Dec. 31

407
343
207
233
24,7
232
197
193
167
202
234
251

258
299
256
210
176
102
131
163
198
166
176
364

1931
Jan. 28
Feb. 2.5
Mar. 25
Apr. 29
May 27—
June 24
July 29
Aug. 26
Sept. 30
Oct. 28

215
190
165
155
153
198
183
242
328
717

120
106
83
170
125
106
67
181
469
725

1928

.—

—1929

Jan. 30
Feb. 27
Mar. 27
Apr. 24
May 29.
June 26
July 31.Aug. 28__
Sept. 2o
Oct. 30
Nov. 27
Dec. 31

-

Capital
and
surplus

2, 245
2,215
2,328
2,314
2, 326
2, 399
2,330
2, 341
2,390
2,404
2,413
2,473

972
985
1,049
1,006
989
1,071

385
493
524
709
944
1,032
1, 025
1,039
1,011
932
990
1,168

Deposits
I Federal.
i reserve j
notes in Meincircula- bers'
Total
tion reserve

1,688
1,708
1,711
1,718
1,706
1,703
1,662
1,676
1.706
i;703
1,717
1,813

303
305
353
318
322
376
385
473
494
511
548
603

Jan. 25
Feb. 29
Mar. 28
Apr. 25
May 29
Juno 27
July 25
Aug. 29
Sept. 20
Oct. 31
Nov. 28
Dec. 2G

To t a l
l ntal

3,133
3,141
3,183
3,207
3,178
3,184
3,181
3,146
3,126
3,093
2,940
2,862

302
280
237
242
236
216
169
185
242
301
355
386

_

Liabilities

Reserves

619
678
728
742
727

3,022
3,041
3,012
3,021
3,023
2,998

954
1,059
1,168
1,215
1,381
1,599

2,957
2, 805
2,739

1,139 i
1,001 !
982
959 ;
916
912
967 !
973
975
1,012
1,352

3,037
3,025
2,941

3,081
3,126
3,175
3,259
3,383
3,444
!

3,138
2, 738

2, 348
2,446
2,696
2,437
2,414

i Includes (in addition to bills discounted and bought and United States securities) municipal warrants.
Federal intermediate credit bank debentures, land bank bonds, and foreign loans on gold.




BEPOBT OF THE COMPTEOLLEK OF THE CURRENCY

99

Percentage of bills discounted secured by United States Government obligatio?is to
total bills discounted and purchased by Federal reserve banks at end of each month,
year ended October 81, 1981
Percentage of
discounted bills
Discounted Total holdings secured by
bills secured by- of discounted Government
United States and purchased obligations to
Government
total holdings
bills
obligations
of discounted
and purchased
bills

Date

Nov. 30
Dec. 31

1930

__._
_

$112,411,000
89,421,000

25.0
14.5

78,401,00C
62,987,090
129,545,000
63,128, 000
64, 601, 000
47,392, 000
78,966, 000
103, 407, 000
132, 951, 000
301, 712, 000

1931
_

Jan. 31
Feb. 28
Mar. 31
Apr. 30
May 31
June 30
July 31
Aug. 31
Sept. 30
Oct. 31

$449,169,000
G15,242,000
357,112, 000
306,536,0C0
374,528,000
319, 728,000
299,314,000
254, 663, 000
268,410,000
470,055,000
796,452,000
1,408,967,000

22.0
20.5
34.6
19.7
21.6
18.6
29.4
22,0
16.7

25.7

Federal reserve bank discount rates

The discount rates of each of the 12 Federal reserve banks in
effect November 1, 1931, the date established, and the previous rate
with respect to all classes and maturities of eligible paper are shown
in the following statement:
Rates on all classes and maturities of eligible paper
Federal reserve je™?tJ,»j DatoestabHshed
bank
Nov. 1
Boston.
Now York
Philadelphia
Cleveland
Richmond
Atlanta

_

3*6
3

Oct.
Oct.
Oct.
Oct.
Oct.
Jan.

17,1921
10,1931
22,1931
24,1931
20,1931
10,1931

Previous
rate
2H
2H

3
3
3
V/i

Federal reserve
bank
Chicago
St. Louis
_
Minneapolis-..
Kansas City...
Dallas
San Francisco..

Rate in
effect on Date established
Nov. l

Previous
rate

Oct. 17,1931
Oct. 22,1931
Sept. 12,1330
Oct. 23,1931
Oct. 21,1931
do

4
3
3
2*2

Discount rates prevailing in Federal reserve bank and branch cities

In the table following, prepared by the Federal Reserve Board
and published in the Federal Reserve Bulletin for November, 1931,
the rates shown are those at which the bulk of the loans of each
class were made by representative banks during the week ending
with the 15th of the month, October, 1930, and September and
October, 1931. (Rates from about 200 banks with loans exceeding
$8,000,000,000.)




Federal reserve bank and branch cities
Prime commercial paper
Federal reserve bank or branch city

Loans secured by prime stock
exchange collateral

1930

1931

Boston
New York
Buffalo
Philadelphia.—
Cleveland.
Cincinnati
Pittsburgh
Richmond
Baltimore
Charlotte
Atlanta
Birmingham
Jacksonville
Nashville
N e w Orleans
Chicago
Detroit
St. Louis
Little Rock
Louisville.Minneapolis
Helena
Kansas City
Denver
Oklahoma C i t y .
Omaha
Dallas
El P a s o . . . _
Houston
San Antonio
San Francisco. __
Los Angeles
Portland
Salt Lake C i t y . .
Seattlo.-_,
Spokane

3>
3
5
4
4
5
5
4

-6 2
-43^
-5
-6
-6
-5

3 -41^
3 -4
5 -6
31/
4 -5
5 -6
5 -5^
4-5

-7
5 -7

6 -7
6 -6^
5 -6

5 -53334-5
6
6

4 -6

6 -8
4>
5

6
6
6*-8
4 ^6

5

4
-8
5^-6
6 -f>34
4H5
5 -7
6
5-9

J I

7 -8
5 -6
5 -7

J4

6
5 -6
6
6

4 -4k'
3^-4 "
5 -6
4 -4L&
4 -5'
5 -6
5 -6
4y2-5
4}'2-o
5
4 -6
-6
5M-7
5 -8
6
5 -534
4 -434
434-6
4 -434
6
6
4 -434
4^-5
5 -6
5
4 2 -6
6 0
534-6
6 -634
5 ~f>y<i
6
6
6
6
6

Jjffi^

4*4-5
4}4-fi
5>4-6
4*4HJ
5 -6
5^-6
5 -6

35^ - 5

2~u
5 5-6
-53^
5 -8
6 -7
6
5 -63^
4 -4y>
5>
6 -6
6 -6J4
5J4-6
4>
*8
53'
6
8
534-7
6 -6J4
7 -8
5^-6
6 -7
5 -6
5 -7
6 -634
6 6
6^ -6J4

"k

-4/4
5)4-Q
4^-6
5 -6
5 -6
5J4-6
4J
—U

5M-6
5 -534
5 -8
6 __^
6
5 -6J4
4 -434
5 -6
4^-6
6 -634
5*4~6
4*
<-•
5^-6
6
8
4~7
5 -7
7 -8
6J4-6
6 -7
5 -6
5J 4~6J^
6 -6H
6
6
-634
7

s\

NOTE.—Rates at which the bulk of tho loans of each class were made by representative banks during the week ending 15th of month.
loans exceeding $8,000,000,000.




o

Interbank loans

1930

1931

October October

O

Rates from about 200 banks with

REPORT OF THE COMPTROLLER OF THE CURRENCY

101

RATES FOR MONEY IN NEW YORK

The range of rates for various classes of paper in the New York
mone}^ market in the year ended October 31, 1931, together with information in relation to the range of rates in New York since 1922, is
shown in the following statements furnished by the Commerical and
Financial Chronicle:
(Rates for money in Neio York)
1930

1931

November

2-2

2- 4

1*6-3

2 -2*4
2 -2*6|
2*4-22*6-3
2*6-3

2 -2*6;
2 -2*6!
2*4-2-Kj
2*6-3 !
2*6-3 ;

1*6-2*6
1*6-2*6
2 -2H
2*4-3
2*4-3

194-2
2 -2*

%3
3*4-3*6

Call loans, stock exchange:
Range
__.
Time loans:
60days__
90 days
_.
4 months
_
5 months
6 months
Commercial paper:
Choice, 4 to 6 months.
Good, 4 to 6 months...

December

29-4-3 \
3*4-3*6!

294-3
3 -3J

294-3

lFebruary

j

1*6-1*6

m

March I April

1
2
2

-2

1H-2H

-2*4
-2*4

1H-2
2 -2H
2 -2H
2H2V6

2*4-294
2H-294
254-3

2 H ^
294-3

1931—Continued
May

1 -1*4

VA-1H

1*4-2
1*4-2*4'
1*4-2*4!

Call loans, stock exchange:
Range. _
_
Time loans:
C days
O
90 days
4 months
5 months
6 months
Commercial paper:
Choice, 4 to G months..
Good, 4 to 6 months

June

1*4-19
1*4-1$
2 -2*4
2*6-2%!

(Rates for sterling bills)
[Range for month]
Sight

Cable transfers

1930
November
December

4.85*4 -4.859<
485% -4.859<

4.8
4.8

4.85**o
4.85*4
4.85*4
4.859*6
4.86
4.86*$2
4.83

4.85Me -4.8594
4.85*6 -4.869$
4.852*52-4.86
4.8519*6 -4.86*6
4.869*6 -4.865$
4.8fi%2 -4.8694
4.83*4 -4.861**6
4.8419*6-4.869*2
3.50
-4.869*6
3.78*4 -4.01

1931
January
February
March
April
May
June
July.__
August. _
September
October

_
_

_

84044°—32-




__

3! 49

-4.859$
-4.86*4
-4.85%
-4.865*6
-4.86*6
-4.865$
-4.865$

-i'.shi*

3.7794 -4.00*6

Comparison of the range of rates for call loans, 60-day time loans, and choice commercial paper loans in New
York annually from 1922 to 1931 is shown in the statement following:

g
^

Range of rates for money in New York annually, 1922 to 1931
1922

1924

1923

1925

1926

Range
Range Range
Range Range
Range Range
Range Rango
Range
for Jan- High Low for De- for Jan- High Low for De- for Jan- High Low for De- for Jan- High Low for De- for Jan- High Low for December
cember uary
cember uary
cember uary
uary
cember uary
Call loans
Time loans (60 days)
Commercial paper
(choice)
_

3

"9

6

4^-6
4H-5

1927

4*4-5

4^-5

6

4JJ-5 2

4^-5

G
5
5

2
2

23^-5
2 ~^Yi
2 -3%

3

33^-3^4

43^-6
4}£-4}4

4 -6
4^-5

6

4 -43^

3

4/^L

5M

1931

1930

1929

192S

6
5

Range
Range Range
Range Range
Range Range
Range Range
Range
for Jan- High Low for De- for Jan- High Low for De- for Jan- High Low for De- for Jan- High Low for De- fcr Jan- High Low for October
cember uary
cember uary
cember uary
cember u a r y
uary
Call loans __
Time loans ( O days)
G
Commercial paper
(choice)
.-

4 -5
4 -4y2




5
4*4

3U 4 -53^
3« 4 -4>4
3M 3M-4

3>K>^
4K-4>3

z

12

334 6 -12
4K 7 - S
ZH

6 -12
53^

20

6
5

4^5
5

4 -6

G
5

4^-5

5

2 -4
2 -2y2
2% 2H-Z

3 ^

1
1

\yr2V2

Pi
O

EEPORT OF THE COMPTROLLER OF THE CURRENCY

103

NEW YORK CLEARING HOUSE

The figures compiled and furnished by the manager of the New
York Clearing House Association, for the year ended September 30,
1931, disclose there were 26 banks comprising the New York Clearing
House Association with capital of $666,475,300.
Clearings amounted to $287,735,302,007, a reduction in the year
of $111,736,335,867, and balances reported aggregating $37,783,326,368 showed a reduction in the year of $18,854,836,746. The average
daily clearings amounted to $949,621,458 and the average daily balances $124,697,446. The percentage of balances to clearings was
13.13.
CLEARING-HOUSE ASSOCIATIONS IN THE 12 FEDERAL RESERVE
BANK CITIES AND ELSEWHERE

Clearing-house transactions in the 12 Federal reserve bank cities
during the year ended September 30, 1931, aggregated $383,354,941,000, a reduction in the year of $145,218,814,000. The ratio of
bank clearings in the 12 Federal reserve bank cities was 82.96 per
cent of the total clearings of all banks in 255 reporting cities in the
United States, in comparison with a ratio of 84.06 per cent reported
for these same cities last year.
Clearings of banks in 18 other principal cities, each of which had
clearings in excess of $1,000,000,900, amounted to $49,254,551,000, and
showed a decrease of $12,916,464,000 in clearings reported for the same
cities in the preceding year. The total clearings of the 255 cities reporting to the New York Clearing Eiouse Association in the current year
aggregated $462,074,342,000, as compared with $628,781,494,000
reported by these cities in the preceding year.
Tables showing the following information are published in the
appendix of this report: Comparative statement of transactions of the
New York Clearing House, annually since 1854; comparative statement of transactions of the New York Clearing House in years ended
September 30, 1931 and 1930: exchanges, balances, and percentages
of balances to exchanges, etc., by the New York Clearing House,
annually since 1893; comparative statement of the exchanges of
clearing houses of the United States by cities for years ended September 30,1931 and 1930; and comparative statement of transactions
of clearing-house associations in the 12 Federal reserve bank cities
and elsewhere in years ended September 30, 1931 and 1930.
BANKS OTHER THAN NATIONAL
Through the cooperation and courtesy of officials of banking
departments of the various States, Alaska, and insular possessions,
the comptroller is enabled to present in this report, as required by
section 333, United States Revised Statutes, statistics in relation to
each class of reporting banks other than national.




Officials of Stale banking departments and number of each class of banks under their supervision in June, 1981, from which reports of condition
were received
Banks
Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland..
_
District of Columbia
Total Eastern States
Virginia
West Virginia
_
North Carolina
Houth Carolina
G corgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
Ohio
Indiana
Illinois
Michigan




Names of officials

Sanger N. Annis
Willard C. Clark
Robert D Rand
Arthur L. Guy
Latimer W. Ballou
Lester E. Shippee

Loan
State
(com- and trust Stock
mercial) compa- savings
nies

Titles

Bank commissioner

Private

Mutual
savings

Total

32
50
19
196
9
75

8

75
65
58
295
25
178

1

Joseph A. Broderick .
Frank H. Smith.
_ William D. Gordon..
Harold W. Horsey
George Wr. Page

43
15
39
99
15
95
306

381

8

69G

206
35
240
9
107

157
185
370
34
25
5

147
25
9
2
14

28
5
25

22

538
251
644
45
146
27

776

23

58

1,651

do

Commissioner of bonking and insurance
Commissioner of banks
Bank commissioner
State bank commissioner

_ _

Superintendent of bank?
Commissioner of banking and insurance
Recretarv of banking
State bank commissioner

1

597

Commissioner of insurance and banking
M. E. Bristow
L. R. Charterer
Commissioner of bank ing
_
Guernev P Hood
Commissioner of banks
State bank examiner
Alberts. Fant
A. B. Mobley..
Superintendent of batiks
Ernest Amos
Comptroller, State of Florida
II. H. Montgomery... Superintendent of banks
J S Love
do
-- -J. S. Brock
State bank commissioner
James Shaw
Commissioner, department of banking
Walter E Taylor
Commissioner, State banking department
W. A. Dickens
* Banking commissioner
.
D. D. Robertson
Superintendent of banks

.

277
158
269
109
275
116
188
234
177
639
265
392
340
3,439

I. J. Fulton
Luther F. Symons
Oscar Nelson. _
R. E. Reichert

Superintendent of banks
Bank commissioner.
_Auditor of public accounts
Commissioner, State banking department

581
403
1,045
533

1

197
•

I

25

6

1

4
5

2
5

25

10

17

14
3
5

123
3

277
158
269
110
281
142
194
239
177
644
?65
392
340
3,488

47
94

631
625
1,045
577

24

Wisconsin
Minnesota.,.
Iowa
Missouri

_

C. F. Scbwenker
A.J.Veigel
L. A. Andrew
S. L. Cantley

Commissioner of banking
Commissioner of banks
Superintendent, department of banking..
- Commissioner of finance

Total Middle Western States.
North Dakota
South Dakota
Nebraska
_
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
-

_
-._

Gilbert Semingson. _.
E. A. Ruden
George W. Woods....
H. W. Koeneke
G. M. Robertson
_. John A. Reed
Grant McFerson
John Bingham..
C. G. Shull

State bank examiner
Superintendent of banks
Commissioner, bureau of banking.
Bank commissioner...
Superintendent of banks.
State bank examiner
State bank commissioner.
State bank examiner
Bank commissioner

C. S. Moody
A. A. Schramm..
Edward Rainey..
Ben Diefendorf...
..! W. H. Hadlock..
j E. J. Seaborn
i J. B. Button

Supervisor of banking
Superintendent of banks,
.do..
Commissioner of finance..
State bank commissionerState bank examiner
Superintendent of banks..

_
_
_

Total Pacific States.
Alaska
The Territory of Hawaii
Porto Rico
Philippines

895

268

202
219
555
719

2
7

_

__

Total possessions..
Total United States and possessions..




| W. G. Smith
!
i
_._
!

j Secretary, Territorial banking board.
I Governor of Hawaii..
! Treasurer
__
Insular treasurer-

5
4

87

591
594

17

39
6
4
30

44

197

6,245

i

204
228
5G2
738
108
57

3
1

fcd
fa
^
O
W
H

137

2

7

13
1

201
120
176
92
73
21
25

983

•t

16

57
124
24
290

767
693
924

31

107

708

_

_

16
14
11

2,297

_

Total Western States
Washington
Oregon
California
Idaho
Utah
_
Nevada
Arizona

746
675
291
5,169

_

r>

2
6

1

2

290

3
1

7

7

&

125
222
92

3

79

O
O
v
>

1

23
25

X

777

r1

1
3
1
8

W
#

1
15

20

1

5

11

48

11

12,259

1,469

tl

21
1

13
7
16
12

2,350

"

4

P
H

i62 §
59

654

600

284

j-g

15,266

^

a

106

REPORT OF THE COMPTROLLER OF THE CURRENCY

State (Commercial) Banks
The statements following show a summary of the resources and
liabilities of State (commercial) banks on June 30, 1931, and a comparison of these items with the amounts reported as of June 30, 1930:
Summary of reports of condition of 12,259 State (commercial) banks in the United
States and possessions at the close of business June 807 1981
fin thousands of dollars]
RESOURCES

Loans and discounts (including rediscounts):
Real estate loans, mortgages, deeds of trust, and
other liens on real estate—
On farm land
105, 177
On other real estate
1, 357, 162
Loans secured by United States Government and
other bonds, stocks, and securities (exclusive of
loans to banks)
1, 111, 168
Loans to banks
4, 784
Commercial paper bought in open market; acceptances payable in United States; and notes, bills,
and acceptances payable in foreign countries
52, 338
All otner loans
4, 639, 497
Total
7, 270, 126
Overdrafts
32,210
Investments:
United States Government securities
667, 909
State, county, and municipal bonds
313, 170
Railroad and other public service corporation bonds_ 224, 202
Stock of Federal reserve banks and other corporations
62, 354
Foreign government bonds and other foreign securities
51, 484
Other bonds, notes, warrants, etc
1, 618, 523
Total
Banking house, furniture and
Real estate owned other than banking house
Cash in vault:
Gold coin
Gold certificates
All other cash in vault
Not classified

2, 937, 642
401, 035
134, 412

fixtures
5, 190
6, 918
124, 487
138, 327

Total
Reserve with Federal reserve banks or other reserve
agents
*
Other amounts due from banks
Exchanges for clearing house and other cash items
Other resources (including securities borrowed, acceptances of other
banks and bills of exchange or drafts sold with indorsement, and
customers' liability on account of acceptances)
Total resources

274,922
814, 36S
790, 273
130, 069
325, 070
13, 110, 127

LIABILITIES

Capital stock paid in_
Surplus
Undivided profits—net
_
Reserves for dividends, contingencies, etc
Reserves for interest, taxes, and other expenses accrued and unpaidDue to banks (demand balances)
Certified and cashiers' checks (including dividend checks), and cash
letters of credit and travelers' checks outstanding




956, 206
665, 752
200, 992
89, 906
25, 693
622, 526
70, 772

107

REPORT OF THE COMPTKOLLKH OF THE

Demand deposits (other than bank and United States):
Individual deposits subject to check
3, 968, 659
State, county, and municipal deposits
443, 450
Certificates of deposit (other than for money borrowed)
100,293
Other demand deposits
74, 088
Total
_~ 4, 581, 490
Time deposits (including postal savings)
State, county, and municipal deposits
45, 356
Deposits of other banks
1
1, 433
Other time deposits—
Deposits evidenced by savings pass books
3, 698, 208
Certificates of deposit (other than for money
borrowed)
1_.
1, 287, 788
Time deposits, open accounts; Christmas savings accounts, etc
222, 351
Postal savings deposits
_
19, 816
Total
5, 274, 952
United States deposits (exclusive of postal savings)
86, 165
Deposits not classified
5, 538
Total deposits
10, 641, 443
Bills payable and rediscounts
180, 357
Agreements to repurchase United States Government or other securities sold
17, 023
Acceptances executed for customers and to furnish dollar exchange-54, 073
Other liabilities (including securities borrowed and acceptances of
other banks and bills of exchange or drafts sold with indors ment) _
278, 682
Total liabilities
13, 110, 127
Resources and liabilities of State (commercial) banks in the United States and possessions June 30, 1931, compared with June 30, 1930
[In thousands of dollars]
J u n e 30,
1931

Number of banks

12,259

June 30,
1930

Increase | Decrease

13,582 j .

1,323

RESOURCES

Loans and discounts (including rediscounts)
Overdrafts..,
Investments
Banking house, furniture and fixtures
Real estate owned other than banking house
Cash in vault
Reserve with Federal reserve banks or other reserve agents.
Other amounts due from banks
Exchanges for clearing house and other cash items
Other resources
Total
-

9,210,4C8
33,918
2,917,712
436,235
145,012
294,852
848,129
817,049
188.341
342| 180

1,946,342
1,708
10,070
35,200
10, 600
19,930
. ' 33,761
J
20,776
J
58,272
16

13,110,127 | 15, 269,902

Z\ 2,159, 77S

7, 270,126
32,210

2,937,042
401,035
134,412
274,922
814,3(58
790, 273
130, 0G9
825, 070

-L—Uli

LIABILITIES

Capital stock paid in
_
_
Surplus
_
___
Undivided profits—net
_
Reserves for dividends, contigencies, etc..
Reserves for interest, taxes, and other expenses accrued
and unpaid.
Due to banks
Certified and cashiers' checks and cash letters of credit and
travelers' checks outstanding
Demand deposits
_
Time deposits (including postal savings)
_.
United States deposits
Deposits not classified
_
Total deposits

Bills payable and rediscounts
Agreements to repurchase securities sold
Acceptances executed for customers
Other liabilities
Total



950,206
665,752
200,992
89,906
25,693
G22, 520

1,080,9(50
74C, 812
239,420
86,802

124,754
81,060
38,428
3,104

26,278
047,985
104, 715
70,772
4, 581, 490 5, 636, 021
5,274,952 5,953,921
4,269
80,1(55
81,896
5, 538
10, G41,443 12,385, 702
249, 083
180,357
37,594
17,023
66,312
54,073
350, 849
278, 682
_.
13,110,127 j 15,269,902 |
.

585
25,45S
33,943
1,054.531
678| 909

33,343
1,744,349
68, 726
20,571
12. 239
72', 167
2,159,775

108

REPORT OF THE COMPTROLLER OF THE CURRENCY

Loan and Trust Companies
The statements following show a summary of the resources and
liabilities of loan and trust companies on June 30, 1931, and a comparison of these items with the amounts reported as of June 30,
1930:
Summary of reports of condition of 1,^69 loan and trust companies in the United
States and possessions at the close of business June 30, 1931
[In thousands of dollars]
RESOURCES

Loans and discounts (including rediscounts):
Real estate loans, mortgages, deeds of trust, and
other liens on real estate—
On farm land
27,686
On other real estate
1, 232, 915
Loans secured by United States Government and
other bonds, stocks, and securities (exclusive of
loans to banks)
3, 393, 051
Loans to banks
97, 094
Commercial paper bought in open market; acceptances payable in United States; and notes, bills,
and acceptances payable in foreign countries
508, 918
All other loans
2, 600, 754
Total
7, 860, 418
Overdrafts
5,272
Investments:
United States Government securities
1, 545, 068
State, county, and municipal bonds
436, 647
Railroad and other public service corporation bonds. 714, 005
Stock of Federal reserve banks and other corporations
453, 708
Foreign government bonds and other foreign securities
162,675
Other bonds, notes, warrants, etc
1,277,556
Total
Banking house, furniture and
Real estate owned other than banking house
Cash in vault:
Gold coin
Gold certificates
All other cash in vault
Not classified

4, 589, 659
452, 270
96, 218

fixtures
4, 979
21, 184
122, 373
37, 657

Total
Reserve with Federal re jerve banks or other reserve agents
Other amounts due from banks
Exchanges for clearing house and other cash items
Other resources (including securities borrowed, acceptances of other
banks and bills of exchange or drafts sold with indorsement, and
customers' liability on account of acceptances)
Total resources

186,193
1, 058, 734
615, 469
957, 102
1, 039, 655

___ 16, 860, 990
LIABILITIES

Capital stock paid in
967, 432
Surplus
_ 1, 620, 525
Undivided profits—net
186, 896
Reserves for dividends, contingencies, etc
127, 904
Reserves for interest, taxes, and other expenses accrued and unpaid. _
7, 113
Due to banks (demand balances)
1, 452, 777
Certified and cashiers' checks (including dividend checks), and cash
 credit and travelers' checks outstanding
letters of
480, 631


109

REPORT OF THE COMPTBOLLKIt OF THE CXTEUEXCY
Demand deposits (other than bank and United States):
Individual deposits subject to check
5, 918, 088
State, county, and municipal deposits
242, 115
Certificates of deposit (other than for money borrowed)
132, 429
Oilier demand deposits
200, 751
Total
Time deposits (including postal savings):
State, county, and municipal deposits
67, 623
Deposits of other banks
10, 282
Other time deposits—
Deposits evidenced by savings pass books
2, 967, 771
Certificates of deposit (other than for money
borrowed)
268, 583
Time deposits, open accounts; Christmas savings
accounts, etc
808, 989
Postal savings deposits
33, 895

G, 493, 383

Total
4, 157, 143
United States deposits (exclusive of postal savings)
122, 992
Deposits not classified
13, 106
Total deposits
12, 720,032
Bills payable and rediscounts
109, 631
Agreements to repurchase United States Goverment or other securities sold
285,046
Acceptances executed for customers and to furnish dollar exchange.
442, 099
Other liabilities (including securities borrowed and acceptances of
other banks and bills of exchange or drafts sold with indorsement) _
394, 312
Total liabilities

16, 860, 990

Resources and liabilities of loan and trust companies in the United States and
possessions June 30, 1931, compared with June 30. 1930
[In thousands of dollars!
June 30,
1931

Number of banks.

J u n e 30,
1930

1,469

i , 564

7,8G0, 418
5, 272
4,589,659
452, 270
96, 218
186,193
1,058, 734
615, 469
957,102
1, 039, 655

9, 475.936
5,585
3,835, 746
428, 889
83,188
176,126
1,045, 843
531, 883
1, 392, 996
726,468

Increase Decrease
95

RESOURCES

Loans and discounts (including rediscounts)...
_.
Overdrafts
_
_-_ __.
Investments
.__
Banking house, furniture and fixtures
Heal estate owned other than banking house
Cash in vault
Reserve with Federal reserve banks or other reserve agent!
Other amounts due from banks
Exchanges for clearing house and other cash items
Other resources
_
-

1,615,518
313
753,913
23,381
13,030
10,067
12,891
.!~~~435~894.
313,187

16, 860, 990 ' 17, 702,660

Total.

841,670

LIABILITIES

Capital stock paid in
_..
Surplus
Undivided profits—net
Reserves for dividends, contingencies, etc
Reserves for interest, taxes, and other expenses accrued and
unpaid
_
Due to banks
_
Certified and cashiers' checks and cash letters of credit and
travelers' checks outstanding
Demand deposits
_
Time deposits (including postal savings).. _
United States deposits
Deposits not classified
_
_
Total deposits
__.
Bills payable and rediscounts
_.Agreements to repurchase securities sold
_
Acceptances executed for customers
Other liabilities
Total




967,432
1,620,525
127,904

995,555
1,684,184
200,102
69,202

7,113
1, 452, 777

16,141
1,001,867

480,631
6,493, 383
4.157,143
122,992
13,106
12, 720,032
109,631
285,046
442, 099
394, 312

771,207
7, 363,000
4, 248,070
34,677
76,929
13,496, 650
172, 500
1,910
8, 628
1,057,788

I 16,860,990 _ 17,702,660 I

28,123
63,659
13,206
58, 702 I
i

9,028

450,910
290,576
869, 617
91,827
88,315
63, 823
776, 618
62,869
283,136
433,471 |
663,476
841,670

110

TiEPOin: OF THE COMPTROLLER OF THE CURRENCY

Principal items of resources and liabilities of loan and trust companies in June of
each year, 1914 to 1931

The principal items of resources and liabilities of loan and trust
companies for years ended June 30, 1914 to 1931, inclusive* are shown
in the statement following.
[In millions of dollars]
Year

Number •

1914..
1915,,
1916..
1917.
1918.
1919..
1920.
1921..
1922.
1923.
1924.,
1925..
1926..
1927..
1928..
1929..
1930..
1931..

"I

1,564
1,GG4
1,(506
1,608
1,669
1,377
1,408 !
1, 474 ;
1,550 !
1,643
1,664 i
1.G80 i
1,656
1,617 i
1,633 I
1,608 i
1,564
1,469 i

Loans i

2,905. 7
3,048.6
3, 704. 3
4,311.7
4, 403. 8
4, 091. 0
4, 601. 5
4, 277.1
4, 345. 4
5, 064.1
5, 299.0
6,126. 6
6, 757. 5
7, 483. 3
8, 303. 5
9, 319. 5
9, 481. 5
7,865. 7

Investments

Capital

1,261.3
1, 349.6
1,005. 4
1,789.7
2, 115. 0
2. OG'i. 9
1,902.1
1,942. 6
2, 311. 1
2, 423. 8
2, 743. 4
2, 801. 3
2, 806. 8
3, 493. 8
3, 874. 7
3, 421. 7
3, 835. 7
4, 589. 7

462.2
476.8
475.8
505.5
525.2
450.4
475.7
515.5
532.3
591. 4
621. 0
643. 4
673.0
745.6
803.3
941. 3
995. 6
967.4

Surplus ' Total
and profits ! deposits
564.4
577.4
605.5
641.8
646.9
588.6
612.1
649. 5
650. 2
739.9
813.2 !
8S2.2 !
994.2 '
1,128. 0 i
1,301.5 i
1,663.1 "
i
1.884.3 i
1.807.4 ;

4, 289.1
4, 604. 0
5, 732. 4
6, 413. 1
0, 493. 3
6,157. 2
6, 518. 0
6,175. 0
6, 881. 2
6,831. 0
7, 785. 3
9, 4G5. 6
9, 839.4
11,333.0
12,058. 5
12,146. 7
13,406.7
12,720.0

Aggregato
resources
5,489.5
5, 873.1
7,028. 2
7,899. 3
8,317.4
7,959.9
8, 320. 0
8,181.0
8,533.8
9,499. 2
10,323.8
11,565.6
12, 205. 2
13,994.8
15,230.9
16,155. 2
17, 702. 7
16, 861. 0

i Including overdrafts.

Stock Savings Banks
The statements following show a summary of the resources and
liabilities of stock savings banks on June 30, 1.931, and a comparison
of these items with the amounts reported as of June 30, 1930:
Summary of reports of condition of 654 dock savings banks in the United States at
the close of business June 30, 1931
[In thousands of dollars]
RESOURCES

Loans and discounts (including rediscounts):
Real-estate loans, mortgages, deeds of trust, and other
liens on real estate—
On farm land
On other real estate
Loans secured by United States Government and
other bonds, stocks, and securities (exclusive of
loans to banks)
Loans to banks
Commercial paper bought in open market; acceptances payable in United States; and notes, bills, and
acceptances payable in foreign countries
All other loans
Total
Overdrafts
Investments:
United States Government securities
State, county, and municipal bonds
Railroad and other public service corporation bonds_
Stock of Federal reserve banks and other corporations
Foreign government bonds and other foreign securities
Other bonds, notes, warrants, otc
Total




2, 127
88, 505
10, 323
97
172
660, 096
761,320
165
89, 173
3, 213
12, 323
1, 907
1,601
257, 695
365,912

REPORT OF THE COMPTROLLER OF THE CURRENCY
Banking house, furniture and
Real estate owned other than banking house
Cash in vault:
Geld coin
Gold certificates
All other cash in vault
Not classified

fixtures

111
32, 753
21, 444

30
525
981
13, 202

Total
Reserve with Federal reserve banks or other reserve agents
Other amounts due from banks
Exchanges for clearing house and other cash items
Other resources (including securities borrowed, acceptances of other
banks and bills of exchange or drafts sold with indorsement, and
customers' liability on account of acceptances)
Total resources.

14,738
75, 846
44, 695
3, 095
1, 433
1, 321, 401

LIABILITIES

Capital stock paid in
Surplus
Undivided profits—net
Reserves for dividends, contingencies, etc
Reserves for interest, taxes, and other expenses accrued and unpaid™ _
Due to banks (demand balances)
Certified and cashiers' checks (including dividend checks), and cash
letters of credit and travelers' checks outstanding
Demand deposits (other than bank and United States) :
Individual deposits subject to check
$110, 007
State, county^ and municipal deposits
103
Certificates of deposit (other than for money borrowed) _ 3, 363
Other demand deposits
722

51, 855
39,399
11, 980
"2, 413
457
6, 175

Total
Time deposits (including postal savings):
State, county, and municipal deposits
58, 183
Deposits of 6ther banks
85
Other time deposits—
Deposits evidenced by savings pass books
933, 154
Certificates of deposit (other than for money borrowed)
'
88,931
Time deposits, open accounts; Christmas savings
accounts., etc
1
2, 441
Postal savings deposits
'.
2, 209

114, 195

349

Total
1, 085, 008
United States deposits (exclusive of postal savings)
__
3, 806
Deposits not classified
566
Total deposits
1, 210, 099
Bills payable and rediscounts
4, 223
Other liabilities (including securities borrowed and acceptances of
other banks and bills of exchange or drafts sold with indorsement).
975
Total liabilities




1, 321, 401

112

REPORT OF THE COMPTROLLER OF THE CURRENCY

Resources and liabilities of slock savings banks in the United Slates June
compared with June 80, 1980

30,1981,

[In thousands of dollars]
June 30,
1931

June 30,
1930

Increase Decrease

654

714

G
O

761,320
165
365,912
32, 753
21,444
14, 738
75, 846
44,695
3,095
1,433

919,318
187
378,933
41,105
21, 799
16, 018
89,247
46,925
3,513
4, 064

157,998
22
13,021
8,352
355
1,280
13,401
2,230
418
2,631

1,321,401

1,521,109

199, 708

51,855
39,399
11, 980
2,413

60, 336
40,666
13, 320
2,086

8,481
1, 267
1,340

457
6,175

521
6,308

64
133

349
114,195
1, 035,008
3, 806
500
1, 210,009
4,223
975

640
128,304
1, 2G0, 852
2,812
18
1,39S, 934
4,045
1,201

291
14,109
175, 844

1,321,401

1, 521,109

Number of banks.
RESOURCES

Loans and discounts (including rediscounts)
Overdrafts
_
_
Investments_
_
Banking house, furniture and fixtures
Real estate owned other than banking house
Cash in vault
_
Reserve with Federal reserve banks or other reserve agents.
Other amounts due from banks
Exchanges for clearing house and other cash items __.
Other resources
Total _
Capital stock paid in
Surplus.._
Undivided profits—net
_
_
Reserves for dividends, contingencies, etc
Reserves for interest, taxes, and other expenses accrued and
unpaid
_
_
_
__
_
Due to banks
_
Certified and cashiers' checks and cash letters of credit and
travelers' checks outstanding
__
_
Demand deposits
Tim© deposits (including postal savings)
United States deposits
_
Deposits not classified
_
Total deposits
_
Bills payable and rediscounts
__
_
Other liabilities
_
_
Total.

327

994 .
548 |
.j
178

188,835
~226
199, 708

Mutual Savings Banks
The statements following show a summary of the resources and
liabilities of mutual savings banks on June 30, 1931, and a comparison
of these items with the amounts reported as of June 30, 1930:
Summary of reports of condition of 600 mutual savings banks in the United States
at the close of business June 80, 1931
[In thousands of dollars]
RESOURCES
Loans and discounts (including rediscounts):
Real estate loans, mortgages, deeds of trust, and
other liens on real estate—
On farm land
1, 117
On other real estate
5, 729, 525
Loans secured by United States Government and
other bonds, stocks, and securities (exclusive of
loans to banks)
57, 707
Loans to banks
35
Commercial paper bought in open market; acceptances payable in United States; and notes, bills,
and acceptances payable in foreign countries
1, 040
All other loans
261, 709
Total.—



-.

6, 051, 133

REPORT OF THE COMPTROLLER OIF THE CURRENCY

113

Investments:
United States Government securities
157, 273
State, county, and municipal bonds
514, 204
Railroad and other public service corporation bonds. 1, 365, 324
Stock of corporations
111, 493
Foreign government bonds and other foreign securities!
71, 942
Other bonds, notes, warrants, etc
2, 254, 933
Total
Banking house, furniture and fixtures
Real estate owned other than banking house
Cash in vault:
Gold coin
Gold certificates
All other cash in vault
Not classified..

4, 475, 169
123, 373
65, 432
479
539
7, 234
29, 977

Total
Reserve with reserve agents
j
Other amounts due from banks
Exchanges for clearing house and other cash items
Other resources (including securities borrowed, acceptances of other
banks and bills of exchange or drafts sold with indorsement, and
customers' liability on account of acceptances)
Total resources

38,229
33, 566
320, 619
1, 852
82, 415
11, 191,788

LIABILITIES

Surplus
Undivided profits—net
Reserves for dividends, contingencies, etc
Reserves for interest, taxes, and other expenses accrued and unpaid.
Due to banks (demand balances)
Certified and cashiers' checks (including dividend checks), and cash
letters of credit and travelers* checks outstanding
Demand deposits (other than bank and United States):
Individual deposits subject to check
3, 463
State, county, and municipal deposits
200
Certificates of deposit (other than for money
borrowed)
55

968, 121
165, 417
7, 173
1, 661
453

Total
Time deposits (including Postal Savings):
State, county, and municipal deposits
764
Other time deposits—
Deposits evidenced by savings pass books
10, 016, 799
Certificates of deposit (other than for money
borrowed)
426
Time deposits, open accounts; Christmas savings accounts, etc
13, 135

3,718

36

Total..
10, 031, 124
Total deposits
10, 035, 331
Bills payable and rediscounts
.:
4, 528
Other liabilities (including securities borrowed and acceptances of
other banks and bills of exchange or drafts sold with indorsement) _
9, 557
Total liabilities




_

-

11, 191, 788

114

REPORT OF THE COMPTROLLER OF THE CURRENCY

Resources and liabilities of mutual savings banks in the United States June SO, 193t3
compared with June 30, 1930
[In thousands of dollars]
June 30,
1931
600

Number of banks.

J

T930 30 ' I Increase I Decrease
606

6

RESOURCES

Loans and discounts (including rediscounts)
Overdrafts
Investments.
Banking house, furniture and fixtures
Real estate owned other than banking house
Cash in vault
Reserve with reserve agents.
Other amounts due from banks
_
_
Exchanges for clearing house and other cash items..
Other resources
_
Total.

6,051,133
4,475,169
123, 373
65, 432
38, 229
33, 566
320, 619
1,852
82, 415

155,110
5,896,023
2
3,872,417 ! 602,752
113,162 | 10,211
44, 243
21,189
34,404
3,825
25,856
7,710
234,713
8.". 906
1,779 |
73
72,709 I 9,706

11,191,788 i 10,295,308

2

896,480

LIABILITIES

Surplus
898,871
968,121
Undivided profits—net
165,417
154,623
Reserves for dividends, contingencies, etc
7,173
15,157
Reserves for interest, taxes, and other expenses accrued and
unpaid
.___
1,661
1,023
Due to banks
_
_
453
280
Certified and cashiers' checks and cash letters of credit and
152 !
travelers' checks outstanding
10,305Demand deposits
_...
_.
3,718 i
Time deposits (including postal savings)
10,031,124 j 9,205,258 i 825,860
Total deposits
_
_. 10,035,331 . 9,215,888 i 819,443
673 i 3,855
Bills payable and rediscounts
__
_
4,528 !
9,458 |
Other liabilities
_
9,5.77 I
99
Total..

11,191, 788 | 10, 295, 308

7,984

116
6,587

896, 430 I

Savings depositors and deposits in mutual and stock savings banks
Statements showing information relative to the number of mutual
and stock savings banks in each State, the number of savings depositors, the amount of savings deposits, the average amount due each
depositor, and the average rates of interest paid by banks in each
State, June 30, 1930 and 1931, with similar information for each year
1914 to 1931, follow:




Number of mutual savings banks, number of savings depositors, savings deposits, and average deposit account, by States, June SO, 19S0 and 1931
1931

1930
Location
Number
of banks

Depositors i

Deposits 2

Average
due each
depositor

Average
due each
depositor

Average
rate of interest paid

Number
of banks

Per cent
4.50
4.27
4.25
4.74
4.47
4.88

32
50
19
196
9
75

223,713
315, 441
* 103, 706
2,938, 298
197,003
929,382

?117,304,000
» 203, 716,000
90, 639,000
2,159, 034,000
175,835,000
682,222,000

381

4, 707, 528

3,428,750,000

5, 681,837
485, 944
614,075
49, 201
326, 527

5,181,358,000
298,337,000
526* 736,000
27,104, 000
212, 928,000

908.40
613. 93
857.77
550.88
652.10

197

7,157, 584

6, 226,463, 000

869.91

143,182
39,110
19,081
106,856

119,114, 000
23,883, 000
7,755,000
67,017, 000

831.91
610. 57
406.43
627.17

Average
rate of interest paid

728.35

147
25
9
2
14

Depositors i

Deposits -

§
"Maine
New Hampshire.
Vermnnt
Massachusetts _
Rhode Island
Connecticut

.

Total New England States

$112,692,000
» 201,641,000
04,407,000
2,003,098,000
170,467,000
650,923,000

$482.67
6-15. 75
874.28
708.36
861.67
704.06

$524.34
645.81
874.00
734. 79
892.55
734.08

Total Pacific States
Total United States

___

6,671,187

5, 525, 746, 000

828. 30

136, 571
* 34,K20
21,330
138,754

108,324. 000
21,260,000
8,382,000
71,411,000

793.17
610. 57
392. 97
514.66

331,475

20U, 377,000

631. 65

17

308,235

217, 769,000

55,060, 000
77,558, 000

587.39
1,144. 89

4
1

* 94, 711
70,198

57, 521, 000
86, 722, 000

607. 33
1,235.39

161,479

132, 618, 000

821. 27

5

164, 909

144,243, 000

11,895,075

9,190, 969, 000

772. 67

600

12,338, 256

10,017,225,000

o
o

811.88

* Represents number of savings pass-book accounts.
2 Represents deposits evidenced by savings pass books and time certificates of deposit.
3
Includes savings of 11 trust companies and 11 guaranty savings banks.
< Estimated.
* Includes returns of 1 stock savings bank.




H

874. 68

-606

Per cent
4.25
4.00
4.25
4.74
4.00
5.00

706. 50

93,736
67, 743

5

. _ __ _ _ - _ -

867.22
569.77
829.04
521.99
604.99

4
1

Total Middle Western States

702.45

4, 566,165, 000
274, S08,000
460,933,000
25,435,000
198,815,000

19

_-

3, 323, 228, 000

5.256, 265
4S1,591
555,981
48,727
328, 623

3
5
6
5

Total Eastern States

4-, 730, 934

151
25
9
2
14
201

_

Maryland

Washington
California

233,476
312,259
* 107,982
2,954,855
197,834
924, 528

381

New York
NewJersey__
Pennsylvania5

Ohio
Indiana
Wisconsin
Minnesota

32
50
19
196
9
75

4.70
3.75
4.09
4.50
4.00

4.00
4.00
3.00
3.75

4.00
4.25

3
5
5
4

4

4.00
4.00
4.09
4.50
4.00

o

4.00
4.00
3.00
3.25

HI
4.00
4.25

o
cj

o

Number of stock savings banks, number of savings depositors, savings deposits, and average deposit account, by States, June SO, 1930 and 1931
1931

1930
Location

Number
of banks

Deposits 2

Average
due each
depositor

$641.24
179.10

Average
rate of in- Number
terest paid of banks
Per cent
4.00
3.50

23

169,891

48, 231,000

283.89

1
4
6

78
67,369
s 4,883

579,000
6,032,000
2,530,000

7,423.07
89.54
518.12

11

72, 330

9,141,000

126. 38

3
C45

20,341
3 400,600

18,287,000
232.013.000

899. 02
581.41

648

420,941

251,200,000

596. 76

__

0

8,790

2,212,000

251.65

4.00

_

1
18
3
1

721
1,472,012
58,679
3 4,155

491,000
4 832,803,000
17,434,000
4,680,000

681.00
565. 76
297.11
1,126.35

3.00
4.00
4.00
4.00

23

1,535,567

855,408,000

557. 07

714

2,207,519

1,166,192,000

528. 28

_

__

Total Southern States
Michigan

Io^a

Total Middle Western States
_

California

Utah
Nevada,
Total Pacific States
Total United States
1
2

__ .

.._

Represents number of savings pass-book accounts.
Represents deposits evidenced by savings pass books and time certificates of deposit.




Average
due each
depositor

Average
rate of interest paid
Per cent
4.00
3.50

4.00
4.00
4.00

3.50
3.50

1
22 •

39,549
142,162

$26,219,000
24, 792, 000

$662.95
174.39

181,711

51,011,000

280. 73

1
4
5

3,800
60,836
31, 962

33, 000
4,325, 000
1, 294, 000

8.68
71.09
659. 53

66, 598

5,652, 000

84.87

3
591

19,850
3
366, 220

16, 761,000
210,745,000

844.38
575.46

594

$24,703,000
23, 528,000

Total Eastern States
Florid?
Alabama
Mississippi.

Deposits *

10

38,524
131,367

_. _

Depositors i

23

1
22

New Jersey
District of Columbia

Nebraska
Oregon

Depositors i

^

386,070

227,506,000

589.29

7

6,776

2,040,000

301.06

4.00

I

1,184
1,249,353
22,699
4,187

464,000
4 719,420, 000
11,651,000
4,341,000

391.89
575. 83
513. 28
1,036. 78

3.00
4.00
4.00
4.00

20

1,277,423

735,876,000

576.06

654

1,918,578

1,022,085,000

532.73

3 Estimated.
4
Includes savings of departmental banks.

H
4.00
4.00
4.00

H
O
O

K
3.50
3.50

H
w
o

W

B
O
c!
w

REPORT OF 'XUK COMPTROLLER OF THE CURRENCY

117

Number of savings banks (mutual and stock) in the United States, number of
savings depositors, amount of savings deposits, and average amount due each
depositor, June 30, 1914 to 1931, inclusive l
[For prior years, see annual report for 1920, vol. 1, pp. 238-242]
Year
1914—Mutual savings banks
Stock savings bank...
1916—Mutual savings banks
Stock savings banks..
1916—Mutual savings banks
Stock savings banks. _
1917—Mutual savings banks
Stock savings Danks..
1918—Mutual savings banks
Stock savings banks..
1919—Mutual savings banks
Stock savings banks..
1920—Mutual savings banks
Stock savings banks..
1921—Mutual savings banks
Stock savings banks *.
1922—Mutual savings banks
Stock savings banks..
1923—Mutual savings banks
Stock savings banks..
1924—Mutual savings banks
Stock savings banks. _
1925—Mutual savings banks
Stock savings banks..
1926—Mutual savings banks
Stock savings banks..
1927—Mutual savings banks
Stock savings banks._
1928—Mutual savings banks.
Stock savings banks..
1929—Mutual savings banks.
Stock savings banks..
1930—Mutual savings banks
Stock savings banks. _
1931—Mutual savings banks.
Stock savings banks..

Banks
634
1,466
630
1,529
622
1,242
622
1,185
625
1,194
622
1,097
620
1,087
623
1,084
619
1,066
618
1,029
613
990
611
972
620
904
618
843
616
791
611
747
606
714
600
654

Depositors J

Deposits 3

8, 274, 418 $3, 915,143, 400
835, 448, 768
2,228,020
8, 305, 562 3, 946,069,043
856, 546,005
2, 380, 496
8, 590, 746 4,135, 552, 045
854, 235, 985
2,297,911
8, 935, 055 4,340, 805, 483
2, 431, 958
960, 742, 593
9,011,464 4, 344, 166, 606
2, 388, 089 1, 006, 406, 927
8, 948, 808 4, 723, 629, 000
2,486, 073 1,128, 331,000
9,445, 327 5,172, 348,000
1,982, 229 1, 319, 654,000
9,619, 260 5,395,552,000
2,464,265
1, 363, 451,000
9,665, 861 5,686, 720,000
2,883,136
1,384,004,000
10,057, 436 6, 282, 618, 000
3,282,897 1, 428, 883, 000
10,409, 776 6, 686, 366, 000
3, 562, 017 1, 543, 245, 000
10,616, 215 7,139, 510,000
4,040, 312 1, 790, 514,000
11,053,886 7,558,668,000
4,107, 913 1, 746, 642,000
11, 337, 398 8,054, 868, 000
3,476, 873 1, 453, 035, 000
11, 732,143 8,665, 592,000
3,272, 415 1,338,011,000
11, 748, 085 8,890, 790,000
2, 295, 529 1, 227, 035, 000
11, 895, 075 9,190, 969,000
2, 207, 519 1,166, 192, 000
12, 338, 256 10, 017, 225, 000
1,918, 578 ' 1, 022, 085, 000

Average
due each
depositor
$473.16
374.97
475.11
359,82
481.40
371.74
485.82
395.05
482.07
424.98
527.85
453.86
547.61
665.74
560.91
553.29
588.94
480.03
624.67
435.25
642.32
433.25
672.51
443.16
683.80
425.19
710.47
417.91
738.62
408.88
756.79
534. 53
772.67
528.28
811.88
532. 73

i
a

Revised.
Represents number of savings pass-book accounts.
* Represents deposits evidenced by savings pass books and time certificates of deposit.
* Includes estimated returns of 106 banks in California. (See p. 141, Comptroller's Report for 1921.)

Private Banks
The statements following show a summary of the resources and
liabilities of private banks on June 30, 1931, and a comparison of
these items with the amounts reported as of June 30, 1930:
Summary of reports of condition of 284 private banks in the United States at the
close of business June 30, 1931
[ In thousands of dollars ]
RESOURCES
Loans and discounts "[including rediscounts):
Real estate loans, mortgages, deeds of trust, and other liens
on real estate—
On farm land
2,
On other real estate
4,
Loans secured by United States Government and other
bonds, stocks, and securities (exclusive of loans to banks) _ 1,
Loans to banks
Commercial paper bought in open market; acceptances
payable in United States; and notes, bills, and acceptances payable in foreign countries
All other loans
35,
Total
Overdrafts
S4644
0
 0—32


541
740
337
140
259
351
44,368
213

118

REPORT OF THE COMPTROLLER OF THE CURRENCY

Investments:
United States Government securities
State, county, and municipal bonds
Railroad and other public service corporation bonds
Stock of corporations
Foreign government bonds and other foreign securities
Other bonds, notes, warrants, etc
Total
Banking house, furniture and
Real estate owned other than banking house
Cash in vault:
Gold coin
Gold certificates
All other cash in vault..
Not classified

1, 951
1, 608
3, 828
2, 344
1, 002
__ 6, 301
16,934
2, 957
3, 301

fixtures
27
118
669
842

Total
Reserve with reserve agents
Other amounts due from banks
Exchanges for clearing house and other cash items
Other resources (including securities borrowed, acceptances of other
banks and bills of exchange or drafts sold with indorsement, and
customers' liability on account of acceptances)
Total resources

1,656
1, 579
8, 519
226
2, 392
82, 145

LIABILITIES

Capital stock paid in
Surplus
Undivided profits—net
Reserves for dividends, contingencies, etc
Reserves for interest, taxes, and other expenses accrued and unpaid
Due to banks (demand balances)
Certified and cashiers' checks (including dividend checks), and cash
letters of credit and travelers' checks outstanding
Demand deposits (other than bank and United States):
Individual deposits subject to check
22, 943
State, county, and municipal deposits
1,792
Certificates of deposit (other than for money borrowed)
1, 741
Other demand deposits
1, U63

6, 842
5, 178
1, 257
101
34
398
88

Total
27,539
Time deposits (including postal savings):
State, county, and municipal deposits
10
Other time deposits—
Deposits evidence by savings pass books
17, 155
Certificates of deposit (other than for money borrowed)
12, 285
Time deposits, open accounts; Christinas savings
accounts, etc
2, 094
Total
Deposits not classified
Total deposits
_
Bills payable and rediscounts
Other liabilities (including securities borrowed and acceptances of other
banks and bills of exchange or drafts sold with indorsement)
Total liabilities




31,544
30
59, 599
5, 348
3, 786
82,145

BEPORT OF THE COMPTROLLER OF THE CURRENCY

119

Resources and liabilities of private banks in the United States June 80, 1981, compared with June 80, 1980
[In thousands of dollars]
June 30, June 30, Increase Decrease
1931
1930
284

361

77

44,368
213
16,934

Number of banks.

65,173
294
21,749
3,216
6,325
2,063
2,351
10,086
519
2,830

20,805
81
4,815
259
3,024
407
772
1,567
293
438

114,606

32,461

RESOURCES

Loans and discounts (including rediscounts)
Overdrafts
Investments
Banking house, furniture and fixtures.Real estate owned other than banking house..
Cash in vault
Reserve with reserve agents
_
Other amounts due from banks...
Exchanges for clearing house and other cash items..
Other resources

2,957

3,301
1,656
1,579
8,519
226

Total .

82,145
6,842
5,178
1,251
107

Capital stock paid in..
Surplus.
Undivided profits—net
Reserves for dividends, contingencies, etc
Reserves for interest, taxes, and other expenses accrued and
unpaid
Due to banks
_._
Certified and cashiers' checks and cash letters of credit and
travelers'checks outstanding
_
Demand deposits. _
-..
Time deposits (including postal savings)
Deposits not classified
Totaldeposits
_
Bills payable and rediscounts
_
Agreements to repurchase securities sold
Acceptances executed for customers
Other liabilities

8,594 I
.
7,127 '
1,466
67

1,752
1,949
215

> 82,145

Total

148
7,146
12,245
1,341
21,448
5,135

3,786

30
966
236
34,685
43,789
1,371
81,047
10,483
1
22
5,769
114,606

32,461

27,539
31,544
30
59,599
5,348

568

22
1,983

All Reporting Banks Other Than National
The statements following show a summary of the resources and
liabilities of all reporting banks, other than national, on June 30,
1931, and a comparison of these items with the amounts reported as
of June 30, 1930:
Summary of reports of condition of 15,266 State (commercial), savings, private banks,
and loan and trust companies in the United States and possessions at the close of
business June 80, 1931
[In thousands of dollars]
RESOURCES

Loans and discounts (including rediscounts):
Real estate loans, mortgages, deeds of trusts, and
other liens on real estate:—
On farm land
138,648
On other real estate
8,412,847
Loans secured by United States Government and
other bonds, stocks, and securities (exclusive of
loans to banks)
4, 573, 586
Loans to banks
102, 150
Commercial paper bought in open market; acceptances payable in United States; and notes,
bills, and acceptances pa vable in foreign countries _ 562, 727
AUother loans
1
8,197,407
Total
Overdrafts



21,987,365
37,860

120

REPORT OF THE COMPTROLLER OF THE CUBKEiN'CY

Investments:
United States Government securities'
State, county, and municipal bonds
Railroad and other public service corporation bonds.
Stock of Federal reserve banks and other corporationsForeign government bonds and other foreign securities
Other bonds, notes, warrants, etc
Total
Banking house, furniture and fixtures
Real estate owned other than banking house
Cash in vault:
Gold coin
Gold certificates
All other cash in vault
Not classified

2, 461, 374
1, 268, 742
2, 319, 682
631, 806
288,704
5, 415, 008
12, 385, 316
1, 012, 388
320> 807
10,705
29, 284
255,744
220, 005-

Total
Reserve with Federal reserve banks or other reserve agents
Other amounts due from banks
Exchanges for clearing house and other cash items
Other resources (including securities borrowed, acceptances of other
banks and bills of exchange or drafts sold with indorsement, and
customers' liability on account of acceptances)
Total resources

515,738
1, 984, 093
1, 779, 575
1, 092, 34.4
1, 450, 965
42, 566, 451

LIABILITIES

Capital stock paid in
1, 982, 335
Surplus
3, 298, 975
Undivided profits—net
566, 536
Reserves for dividends, contingencies, etc
227, 503
Reserves for interest, taxes, and other expenses accrued and unpaid.
34, 958
Due to banks (demand balances)
2, 08-2, 329
Certified and cashiers' checks (including dividend checks), and cash
letters of credit and travelers' checks outstanding
551, 876
Demand deposits (other than bank and United States):
Individual deposits subject to check
10, 018, 160
State, county, and municipal deposits
687,660
Certificates of deposit (other than for money borrowed)
."
237,881
Other demand deposits
276, 524
Total
11, 220, 325
Time deposits, (including postal savings):
State, county, an-d: municipal deposits
171, 941
Deposits of other banks
_'
11, 800
Other time deposits—
Deposits evidenced by savings pass books
17, 633, 087
Certificates of deposit (other than for money
borrowed)
1, 658, 013
Time deposits, open accounts; Christmas savings accounts, etc
1, 049, 010
Postal Savings-deposits
55, 920
Total
;___
20, 579, 771
United States deposits (exclusive of postal gavings)
212, 963
Deposits not classified
19, 240
Total deposits
34, 66©, 504
Bills payable and rediscounts
S04, 087
Agreements to repurchase United States Government or other securities sold
302, 069
Acceptances executed for customers and to furnish dollar exchange.
496, 172
Other liabilities (including securities borrowed and acceptances of
other banks and bills of exchange or drafts sold with indorsement) _
687, 312
Total liabilities



42, 566, 451

EEPOBT OF THE CO3IPTBOLLEB OF THE CUKBEXCY

121

Resources and liabilities of State (commercial), savings, private banks, and loan and
trust companies in the UniLd States and possessions June SO. 1931, compared
with June 80, 1930 .
[In thousands of dollars]
Jane 30,
1931
15, 2(56

Number of banks _

Juno 30,
1930

Increase j Decrease

16, 827

1, 561

RESOURCES

Loans and discounts (including rediscounts)
_. 21,987,365
Overdrafts-..
37, 860
Investments
_
_
12, 385, 316
Banking house, furniture and fixtures
_. 1,012, 388
Real estate owned other than banking house
_
320, 807
Cash in vault
_
___
_
_.
515, 738
Reserve with Federal reserve banks or other reserve agents. _ 1, 984,093
Other amounts due from banks
_
1, 779, 575
Exchange for clearing house and other cash items
1,092, 344
Other resources
1,450, 965
TotaL

1
25,572,918
3, 585,553
2,126
39, 986
11,056, 557 1,328,759 |
1,022, 007
267240"!
300, 567
7,725
523,463
27,333
2, 011, 426
1,640, 656 138,919
494,804
1,587,148
1,148, 257 •262,-768

42, 566, 451 44,903, 585

2, 337,134

1, 982, 335 2,145, 445
Capital stock paid in
Surplus
3, 298, 975 3,377,660
Undivided profits—net
_.
566, 536
608,931
Reserves for dividends, contingencies, ets
227, 503
173, 314
Reserves for interest, taxes, and other expenses accrued and
34,958
43, 608
unpaid
Due to banks
_
-. 2,082,329 1, 657, 299
Certified and cashiers' checks and cash letters of credit and
551,876
876,950
travelers'checks outstanding™
_.
Demand deposits.
—
_
_
_
— 11,220,325 13,172, 315
Time deposits (including postal savings)
20,579,771 20,712, 790
United States deposits
_.
212, 963
41, 758
Deposits not classified
_
19,240
117, 199
Total deposits
_
34,666,504 36,578,311
Bills payable and rediscounts
304, 087
436, 784
Agreements to repurchase securities sold
302, 069
39, 505
Acceptances executed for customers
_.
496,172
74,962
Other liabilities
687, 312 1,425,065

163,110
78, 685
42, 395

LIABILITIES

Total




_

42,566,451

44,903,585

54,189
425,030

8,850
325, 074
1,951,990
133,019

171, 205
262, 564
421, 210

97,959
1,911, 807
132,697
. 737, 753
2, 337,134

122

REPORT OF THE COMPTROLLER OF THE CURRENCY

The resources and liabilities of each class of reporting banks other
than national, June 30, 1931, are shown in the following table:
Resources and liabilities of 15,266 State {commercial) banks, loan and trust companies, savings banks and private banks, June SO, 1981
[In thousands of dollars]
12,259
1,469 loan 654 stock
State
and trust
(commer- companies savings
banks
cial) banks

600

mutual
savings
banks

private
banks

284

Total,
15,266
banks

RESOURCES

Loans and discounts (including rediscounts)
-..
Overdrafts
_.Investments
Banking house, furniture and fixtures;
Real estate owned other than banking houso
Cash in vault"
I
Reserve with Federal reserve banks
or other reserve agents
Otber amounts du« from banks
Exchanges for clearing house and
other cash items
-..
Other resources
Total___

7,270,126
32,210
2,937,642
401,035

7,860,418
5,272
4,589,350

761,320
165
365,912

6,051,133

44,368
213
16,934

21,987,365
37,860
12,385,316

32, 753

123,373

2,957

1,012,388

38,229

3,301
1,656

320,807
515, 738

814,368
790,273

96,218
1,058, 734
4)15,469

21,444
14,738
75,846
44,^95

33,566
320,619

1,579
8,519

l,984,09S
1, 779,575

130.069
325.070

957,102
1,039,655

3,095
1,433

1,852
82,415

226
2,392

1,092, 344
1,450,965

82,145

42, 566,451

154,412
274,922

I 13,110,127

452,270

16,860,990 | 1,321,401 | 11,191, 788 |

LIABILITIES

956,206
Capital stock paid in
_
_
665, 752
Surplus...
200,992
Undivided profits—net
Reserves for -dividends, contingencies, etc
_
89,906
Reserves for interest, taxes, and
other expenses -accrued and un- •
25, 693
paid
622,526
Due to banks
_
_
Certified and eashiers' checks and J
cash letters of credit and travel70, 772
ers'checks outstanding
D.emand deposits
4, 581,490
Time deposits (including postal
savings)
_..
- 5, 274,952
86,165
United States deposits
5,538
Deposits not classified
_
10,641,443
Totaldeposits
_
180,357
Bills payable and rediscounts
Agreements to repurchase secur17,023
ities sold
_
_
54,073
Acceptances executed for customers278, 682
Other liabilities
_

Total .




13,110,127

967,432
1,620,525
186,896

51,855
39,399
11,980

968,121
165,417

6,842
5,178
1,251

1,982,335
3,298,975
566, 536

127,904

2,413

7,173

107

227, 503

7,113
1,452, 777

457
6,175

1,661

34

34,-958
2,082,329

480, 631
6,493,383

349
114,195

36
3,718

27,539

4,157,143
122,992
13,106
12, 720, 032
109, 631

1,085,008
3,806
566
1,210,099
4,223

10,031,124

31,544

10,035,331
4, 528

30
19; 240
59,599 34. 666, 504
5,348
' 304,087

285,046
442,099
394,312

975

9,557

3, 786

302,009
496,172
087', 312

16,860,990

1,321,401

11,191, 788

82,145

42, 500,451

551,876
11,220,325
20, 579, 771
212. 903

REPORT OF THE COMPTROLLER OP THE CURRENCY

123

The resources and liabilities of all reporting banks other than national June 30, 1927 to 1931, are shown in the following statement:
Resources and liabilities of all reporting banks other than national on or about June
SO, 1927-1981
[In thousands of dollars]
1927 (19,265 1928 (18,522 1929 (17,794 j 1930 (16,827 1931 (15,266
banks)
banks)
banks)
banks)
banks)
RESOURCES

Loans and discounts (including rediscounts)
..-. 23, 314,682 24,397,072 26, 575,139 25,572,918
33,662
40,269
Overdrafts
_
46,664
39,986
10,861,875 11,624,366 10,692,203 11,056,557
Investments
899,887
942,467 1,006,770 1,022,607
Banking house, furniture and fixtures
Real estate owned other than banking
271,977
283,656
house
..~
278,287
300,567
572,732
521,925
Cash in vault
.._.
643,692
523,463
Reserve with Federal reserve banks or
1, 526,902 1,652,457 1,847,249 2,011,426
other reserve agents
Due from banks
— 1,999,498 1,730,441 1,713,338 1,640,656
Exchanges for clearing house and other
1,042,167
789,766 j
cash items
906,766
1,587,148
944, 594 1,038,232 1,150, 246 1,148,257
Other resources
Total

_

41,550,615

43,066,089 | 44,732,277

1,902,325
2, 507,582
622,785
(0

1,931,666 2,169,603
2,725,834 3,132,646
668,924
80,651
0)
(0
1,343,011 j 1,453,265

Total..!
1
8

1,984,093
1,779,576
1,092,344
1.450,965
42,566,451

2,145,445
3,377,660
608,931
173,314

1,982,335
3,298,975
566,536
227,503

43,608
1, C57,299

34,958
2,082,329

2 614,832 3 449,614
464,880
876,950
12,897,523 13,302,856 13,845,890 13,172,315
19,066,069 20,241,471 20,470,522 20,712,790
57,869
54,181
36,900
41, 758
895,730
20,121
399,938
117,199
34,900,735 35, 773, 790 36,312,553 36,578,311
461,466
916,196
764,961
436,784
5,863
39,505
57,294
74,962
* 1,095,722
1,378,781 1,425,065
41, 550,615 '1,200,914 i 44,732, 277 44,903,585
43,066,089

551,876
11,220,325
20,579,771
212,963
19,240
34,666,504
304,087
302,069
496,172
687,312

(0
1,432,400

i

I

i%

Included in undivided profits.
Gash letters of credit in 1927 and 1928 reported in "other liabilities*"
«Included in "other liabilities.^




320,807
515,738

44,903,585

LIABILITIES

Capital stock paid in
Surplus
_
_.
Undivided profits—net
Reserve for dividends, contingencies, etc..
Reserves for interest, taxes, and other expenses accrued and unpaid
Due to banks
Certified and cashiers* checks and cash
letters of credit and travelers' checks outstanding
Demand deposits
Time deposits (including postal savings) -.
United States deposits
Deposits not classified
_
Total deposits...
Bills payable and rediscounts
—
Agreements to repurchase securities sold...
Acceptances executed for customers
Other liabilities

21,987,366
37,860
12,385,316
1,012,388

42,566,451

124

REPORT OF THE COMPTROLLER OF THE CURRENCY
NATIONAL BANKS

The statements following show a summary of the resources and
liabilities of reporting national banks on June 30, 1931, and a comparison of these items with amounts reported as of June 30, 1930:
Summary of reports of condition of 6,805 national banks in the United States and
possessions at the close of business June SO, 1981
[In thousands of dollars]
KESOURCES

Loans and discounts (including rediscounts):
Real estate loans, mortgages, deeds of trust, and
other liens on real estate—
On farm land
304, 824
On other real estate
1, 280, 599
Loans secured by United States Government and
other bonds, stocks, and securities (exclusive of
loans to banks)
4, 537, 713
Loans to banks
266, 628
Commercial paper bought in open market; acceptances payable in United States; and notes, bills,
and acceptances pavable in foreign countries
495, 616
All other loans
1
6, 292, 105
Total
13, 177, 485
Overdrafts
7, 790
Investments:
United States Government securities
3, 256, 268
State, county, and municipal bonds
997, 220
Railroad and other public service corporation bonds_ 1, 547, 886
Stock of Federal reserve banks and other corporations
217,475
Foreign government bonds and other foreign securities
476, 448
Other bonds, notes, warrants, etc
1, 179, 540
Total
Banking house, furniture and
Real estate owned other than banking house
Cash in vault:
Gold coin
Gold certificates
All other cash in vault

fixtures

7, 674, 837
795, 866
125. 681
13, 372 •
39, 628
315, 589

Total
368,589
Reserve with Federal reserve banks or other reserve agents
1, 418, 096
Other amounts due from banks
2, 354, 145
Exchanges for clearing house and other cash items
854, 365
Other resources (including securities borrowed, acceptances of other
banks and bills of exchange or drafts sold with indorsement, and
customers' liability on account of acceptances)
865, 844
Total resources

27, 642, 698
LIABILITIES

Capital stock paid in
1, 687. 663
Surplus
1, 493, 876
Undivided profits—net
443, 592
Reserves for dividends, contingencies, etc
130, 599
Reserves for interest, taxes, and other expenses accrued and unpaid _
62, 881
National-bank circulation
639, 304
Due to banks (demand balances)
2, 746, 412
Certified and cashiers' checks (including dividend checks), and cash
letters of credit and travelers' checks outstanding
531, 127



EEPORT OF THE COMPTROLLER OF THE CURRENCY

125

Demand deposits (other thari bank and United States):
Individual deposits subject to check
8, 660, 076
State, county, and municipal deposits
1, 162, 450
Certificates of deposit (other than for money
borrowed)
132, 953
Other demand deposits
150, 406
Total
10, 105, 885
Time deposits (including postal savings):
State, county, and municipal deposits
372, 022
Deposits of other banks
148, 149
Other time deposits—
Deposits evidenced by savings pass books
6, 031, 314
Certificates of deposit (other than for money
borrowed)
1, 311, 535
Time deposits, open accounts; Christmas savings accounts, etc
— 509, 365
Postal savings deposits
207, 205
Total
8, 579, 590
United States deposits (exclusive of postal savings)
235, 226
Total deposits
22, 198, 240
Bills payable and rediscounts
153, 533
Agreements to repurchase United States Government or other
securities sold
10, 266
Acceptances executed for customers and to furnish dollar exchange 442, 235
Other liabilities (including securities borrowed and acceptances of
other banks and bills of exchange or drafts sold with indorsement) _
380, 509
Total liabilities

27, 642, 698

Resources and liabilities of national banks in the United States and possessions
June 80, 1931, compared with June 80, 1930
[In thousands of dollars]
June 30,
1031
6,805

Number of banks,

June 30,
1930

Increase Decrease

7,252

447

RESOURCES

13,177,485 14,887,752
Loans and discounts (including rediscounts)
Overdrafts
7,790
9,452
Investments
7,674,837 6,888,171
795,866
787,750
Banking house, furniture and fixtures.
125,681
124,584
Real estate owned other thai, banking house
368,589
Cash in vault
_
_
342, 507
Reserve with Federal reserve banks or other reserve agents. 1,418,096 1,421,676
2,354,145 2,353, 669
Other amounts due from banks
_
854,365 1,297,487
Exchanges for clearing house and other cash items
Other resources
865,844 1,003,491
Total _

786,666
8,116
1,097
26,082
476

1,710,267
1,662

3,580
443,122
137,647

27,642,698

29,116,539

1,473,841

1,687,663
1,493,876
443,592

1,743,974
1,591,339
545,873
94,962

56,311
97,463
102,281
35,637

62,881
639,304
2,746,412

79,129
652,339
2,679,821

66,591

LIABILITIES

Capital stock paid in
Surplus
Undivided profits—net
Reserves for dividends, conti agencies, etc
Reserves for interest, taxes, and other expenses accrued and
paid
_
National bank circulation.-.
Due to banks
Certified and cashiers* checks, and cash letters of credit and
travelers' checks outstanding
Demand deposits._
Time deposits (including postal savings)
United States deposits
Total deposits
Bills payable and rediscounts
Agreements to repurchase securities sold..
Acceptances executed for customers
Other liabilities
Total




531,127
738,327
10,105,885 10,926,201
8,579,590 8,752,571
235,226
171,964
22,198,240 23,268,884
153,533
229,033
10,266
8,173
442,235
511,007
380, 509
391,826
!

27,642,698

29,116, 539

16,248
13,035
207,200
820,316
172,981
63,262
1,070,644
75,500
~~2,~093"
68,772
11,317
1,473,841

126

REPORT OF THE COMPTROLLER OF THE CURRENCY

The resources and liabilities of all reporting national banks June 30,
1927 to 1931, are shown in the following statement:
Resources and liabilities of all reporting national banks on or about June 80,
1927-1981
[In thousands of dollars]
1927 (7,796 1928 (7,691 1929 (7,636 1930 (7,252 1931 (6,805
banks)
banks)
banks)
banks)
banks)
RESOURCES

Loans and discounts (including rediscounts)
Overdrafts
Investments
Banking house, furniture and fixtures
Heal estate owned other than banking
house
Cash in vault
Reserve with Federal reserve banks or
other reserve agents
,
Due from banks
Exchanges for clearing house and other
cash items
Other resources

13,955,696
9,788
6,393,218
680,218

15,144,995
10,138
7,147,448
721,229

14,801,130
10,193
6,656,535
747,684

14,887,752
9,452
6,888,171
787,750

13,177,485

115,817
364,204

125,680
315,113

118,839
298,003

124, 584
342,507

125,681

1,406,052
1,967,950

1,453,383
1,885,967

1,344,951
1,854,187

1,421,676
2,353,669

1,418,096
2,354,145

1,139,000
550,000

963,332
740, 954

785,006
823,700

1,297,487
1,003,491

854,365
865,844

26, 581,943 28,508,239

27,440,228

29,116,539

27,642,698

Capital stock paid in
1,474,173 1,593,856 1,627,375 1,743,974
1,256,945 1,419,695 1,479,052 1, 591,339
Surplus
508,421
557,437
Undivided profits—net
487, 504
545,873
Reserves for dividends, contingencies, etc..
80,832
94,962
Reserves for interest, taxes, and other expenses accrued and unpaid
70,326
83,753
79,129
73,968
650,946
649,095
649,452
National-bank circulation
652,339
2, /38,017 2,175S 932 2,679,821
Due to banks
... 2,856,937
Certified and cashiers' checks and cash
letters of credit and travelers' checks outstanding
432,905
372,560
738,327
10,887,17S 11,003, 795 10, 504,268 10,926,201
Demand deposits
Time deposits (including postal savings)... 7,315,624 8,296,638 8,317,095 8,752,571
139,843 2
185,916
228,243
171,964
United States deposits
21,790,572 22,657,271 21, 598,088 23,268,884
Totaldepo8its
801,185
368,042
714, 507
229,033
Bills payable and rediscounts...
7,217
8,173
3,629
Agreements to repurchase securities sold...
49,660
411,763
511,007
Acceptances executed for customers
248,184
392,623
326,967
210,805
287,167
391,826
Other liabilities..
_
_

1,687,663
1,493,876
443, 592
130,599

Total..

7,790

7,674,837
795,866

LIABILITIES

Total
1

Included in undivided profits.

___: 26, 681,943
2

28,508,239

27,440,228

20,116,539

62,881
639,304
2,746,412
531,127
10,105,885
8, 579, 590
235, 226
22,198, 240
153,533
10,266
442,235
380, 509
27,642,698

Revised to include cash letters of credit outstanding.

ALL REPORTING BANKS IN THE UNITED STATES AND POSSESSIONS

The statements following show a summary of the resources and
liabilities of all reporting banks in the United States and possessions
on June 30, 1931, and a comparison of these items with the amounts
reported as of June 30, 1930:
Summary of reports of condition of 22,071 reporting banks in the United States and
:
possessions at the close of business June SO, 1981
[In thousands of dollars]
RESOURCES

Loans and discounts (including rediscounts):
Real-estate loans, mortgages, deeds of trust, and
other liens on real estate—
On farm land__
On other real estate
Loans secured by United States Government and
other bonds, stocks, and securities (exclusive of
loans to banks)
 to banks
Loans


443, 472
9, 693, 446
9, 111, 299
368, 778

REPORT OF THE COMPTROLLER OF THE CURRENCY

127

Loans and discounts (including rediscounts)—Continued.
Commercial paper bought in open market; acceptances payable in United States; and notes, bills,
and acceptances payable in foreign countries
1, 058, 343
All other loans
14, 489, 512
Total
-.
Overdrafts
Investments:
United States Government securities
State, county, and municipal bonds
Railroad and other public service corporation
bonds
Stock of Federal reserve banks and other corporations
Foreign government bonds and other foreign securities
Other bonds, notes, warrants, etc

35, 164, 850
45,650
5, 717, 642
2, 265, 962
3, 867, 568
849, 281
765, 152
6, 594, 548

Total
20, 060, 153
Banking house, furniture, and
fixtures
1, 808, 254
Real estate owned other than banking house
446, 488
Cash in vault:
Gold coin
24,077
Gold certificates
68, 912
All other cash in vault
571, 333
Not classified
220, 005
Total
884,327
Reserve with Federal reserve banks or other reserve agents
3, 402, 189
Other amounts due from banks
4, 133, 720
Exchanges for clearing house and other cash items
1, 946, 709
Other resources (including securities borrowed, acceptances of other
banks and bills of exchange of drafts sold with indorsement, and
customers' liability on account of acceptances)
2, 316, 809
Total resources

70, 209, 149
LIABILITIES

Capital stock paid in
3, 669, 998
Surplus
4, 792, 851
Undivided profits*—net
1, 010, 128
Reserves for dividends, contingencies, etc
^
358, 102
Reserves for interest, taxes, and other expenses accrued and unpaid- _
97, 839
National-bank circulation
639, 304
Due to banks (demand balances)
4, 828, 741
Certified and cashiers' checks (Including dividend checks), and cash
letters of credit and travelers' checks outstanding
1, 083, 003
Demand deposits (other than bank and United States):
Individual deposits subject to check
18, 678, 236
State, county, and municipal deposits
1, 850, 110
Certificates of deposit (other than for money borrowed)
370,834
Other demand deposits
427, 030
Total
I_~ 21,326,210
Time deposits (including postal savings):
State, county, and municipal deposits
543, 963
Deposits of other banks
159, 949
Other time deposits—
Deposits evidenced by savings pass books
23, 664, 401
Certificates of deposit (other than for money
borrowed)
2, 969, 548
Time deposits, open accounts; Christmas savings accounts, etc
1, 558, 375
Postal savings deposits
263, 125
Total
29, 159, 361



128

EEPOET OF THE COMPTROLLER OF THE CURRENCY

United States deposits (exclusive of postal savings)
448, 189
Deposits not classified
19, 240
Total deposits
56,864, 744
Bills payable and rediscounts
457, 620
Agreements to repurchase U. S. Government or other securities sold _
312, 335
Acceptances executed for customers and to furnish dollar exchange. _
938, 407
Other liabilities (including securities borrowed and acceptances
of other banks and bills of exchange or drafts sold with indorsement)
l, 067, 821
Total liabilities

70, 209, 149

Resources and liabilities of all reporting banks in the United States and possessions
June SO, 1931, compared with June 30, 1930
[In thousands of dollars]
June 30,
1931
22,071

Number of banks.

June 30,
1930

Increase Decrease

24,079

2,008

RESOURCES

Loans and discounts (including rediscounts)._
Overdrafts
_
Investments-_
Banking house, furniture and fixtures
Real estate owned other than banking house
_.
Cash in vault
Reserve with Federal reserve banks or other reserve agents.
Other amounts due from banks
_
Exchanges for cleaning house and other cash items
Other resources.-

35,164,850 40,460,670
5, 295,820
45, 650
49,438
3,788
20, 060,153 17,944, 728 2,115, 425
1,808, 254 1,810,357
2,103
446, 488
21,337
425,151
884, 327
18,357
865,970
3,402,189
3,433,102
30,913
4,133, 720 3,994, 325
139,395
1,946, 709 2,884, 635
~937~926
2,316, 809 2,151, 748 ~165,~66T
70,209,149

Total.

74,020,124

-I 3,810,975

LIABILITIES

3, 669,998 3,889, 419
Capital stock paid in
_
4, 792,851 4,968,999
Surplus
-.1,010,128
1,154,804
Undivided profits—net
358,102
268, 276
Reserves for dividends, contingencies, etc
Reserves for interest, taxes, and other expenses accrued and
97,839
122, 737
unpaid-.
639,304
652,339
National-bank circulation
—
Due to banks
_
- . - . 4, 828,741 4,337,120
Certified and cashiers' checks and cash letters of credit
1,083,003
1, 615, 277
and travelers* checks outstanding
21, 326,210 24,098,516
Demand deposits. _
29,159,361 29,465,361
Time deposits (including postal savings)
448,189
213, 722
United States deposits
_.
19, 240
117,199
Deposits not classified.
56,864, 744 59,847,195
TotaLdeposits
457, 620
665, 817
Bills payable and rediscounts
312, 335
Agreements to repurchase securities s o l d . .
47,678
938,407
Acceptances executed for customers
585,969
1,067,821 1,816,891
Other liabilities
Total .

70,209,149

74,020,124 ,

1
1

219,421
176, 148
144,676

89, 826
13,035
491,621
532,274
2, 772, 306
306,000
234,467
97,959
2,982,451
208,197
264, 657
352,438
749,070
3,810,975

The table following shows the approximate population of each
State, number of reporting banks, resources and liabilities, a classification of loans and discounts, investments, cash and demand and
time deposits, June 30, 1931, with a recapitulation by classes of
banks.




Assets and liabilities of all reporting banks in the United States, Alaska, and insular possessions, June, 19S1 {includes national, State (commercial) banks, loan and trust companies, savings and private banks)
Resources (in thousands of dollars)

Location

Maine
New HampshireVermont
Massachusetts
Rhode Island
Connecticut
Total New England States.
New York
New Jersey
Pennsylvania.—
Delaware
Maryland
District of ColumbiaTotal Eastern States
Virginia
...
West Virginia...
North Carolina..
South Carolina.
Georgia..
_
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
__.
Kentucky
Tennessee
Total Southern States




Population
(approximate)

Number of Loans and
banks discounts Over(including drafts
rediscounts)

Investments

Banking
house,
furniture
and
fixtures

Real
estate
owned
other
than
banking
house

6,531
4,747
3,824
78,996
5,226
36,107

2,586
1,807
9,727
34,476
1,021
8,742

Cashi n
vault

6,118
2,786
2,632

Exchanges
Reserve
Other
for clearwith Federal reserve amounts ing house Other rebanks or due from and other sources
cash
other rebanks
serve agents
items
5,323
3,524
2,565
133,905
21,902

23,844
II, 582
10,921
201, 600
18, 880
53,173

864
647
460
35,018
2,819
7,715

1,162
983
4,025
115,701
6,156
3,759

67,197

203, 612

320, 000

47,523

131,786

132,831
46,429
84, 865
1,974
10, 655
8,432

1,181, 825
88, 341

122
119
103
444
35
239

229,026
145, 473
145,496
2,714,488
276,981
884,401

71
20
28
273
10
111

199,186
151,711
84,557
1,515, 213
265, 638
463, 230

8, 225, 000 1, 062

4,395,865

513

2, 679,535

135,431

58,359

12,756,000 1,079 11,136,105 3,470
4,109, 000
545 1,396,176
109
9,700, 000 1,452 2, 680, 646
591
11
240, 000
61
102, 412
81
1, 645, 000
219
456, 012
43
491,000
39
158,250

5,987,885
883,585
2,981,963
63, 394
386, 571
91,190

428,882
98, 212
219,544
4,574
27,142
20,831

32, 260
20,394
78,803
1,718
4,487
4,434

10, 394, 588

799,185

142,096

285,186

1, 683,882 1, 281, 741 1, 588,147 1,536,624

98, 833
71, 054
59, 852
43, 412
76, 003

6,292
7,040
3,714
4,375
9,375
4,438
7,174
2,139
5,185
13,051
2,616
5,470
7,986

11,4G5
8,096
9,852
4,858
7,777
8,756
7,808
4,535
7,279
24,048
4,939
9,760
8,498

78,855

117,671

800,000
467,000
360,000
4,280, 000
694, 000
1,624, 000

28,941, 000

3, 395 15,929,601 I 4,305

2, 430, 000
430
1, 749, 000
262
324
3, 217, 000
141
1, 743, 000
350
2,909, 000
193
1,506, 000
286
2,669, 000
267
2,026, 000
206
2,125, 000
5,913, 000 1,181
321
1,862, 000
515
2,630, 000
433
2, 638, 000

390,127
230, 531
218, 657
93,617
215, 607
75,519
170, 005
103, 284
276, 513
630,614
99, 818
322, 941
280,153

124
123
68
348
159
21
140
448
798
1,099
130
363
534

56, 452
43, 745
99,198
254, 203
35, 423
97,939
67, 265

19, 617
14, 553
16,389
6,780
14,735
10,795
9,315
5,990
26,550
51,280
5,117
14,308
20,103

33, 417, 000 4,909

3,107,386

4,355

1,117,500

215,532

114,121

9,171
16,407

10,107
52,899
9,907

14,902
27,993
35,161
2,680
29,445
10,290
19, 838
16, 732
92,388
23,884
9,600
12, 292

725, 529 1, 460, 599 1,384,818
144,118
20, 550
40,466
317, 480
87, 274
10,817
539
1,180
48,110
8,564
10,879
35,687
3,741
7,665

58,722
11,491
15,547
19,775
48,433
44,649
28,450
7,728
64,018
173,402
14,200
59,920
67,889
614, 224 |

5,688
1,688
5,047
1,587
3,307
2,013
1,845
1,017
9,123

Total resources

474,711
323, 280
264,235
4,859,753
607,804
1, 510,038
8,039,821
22,474,204
2,738,380
6,890,465
196, 726
1,005, 400
340,180
33,645,355

590
3,215
6,361

16,836
2,810
1,840
1,290
2,191
2,850
2,524
2,653
7,762
11,456
1,849
7,624
5,049

622, 606
375, 379
366,127
178, 722
407,032
271, 466
294, 003
191, 377
513,158
1,265,239
188,566
531,140
476,130

55,179

66,734

5, 680,945

Assets and liabilities of all reporting banks in the United States, Alaska, and insular possessions, June, 1981 (includes national, State (commerciaJ) banks, loan and trust companies, savings and private banks)—Continued
Resources (in thousands of dollars)

Ohio
Indiana
Illinois
Michigan

Real
estate
owned
other
than
banking
house

Cash in
vault

673,686
200,201
1,085,627
515,345
298,936
359,955
196,180
418,444

115,765
36,820
92,691
77,330
31,519
22,511
26,259
29, 554

26,679
] 0,240
15,904
21,822
6,453
8,045
20,020
12,553

65,342
33,192
70,821
29,653
20,875
20,478
15,408
21,936

194,013
19,421
205,242
163,582
85,009
36,528
17,633
33,219

145,766
113,817
426,571
70,849
58,248
127,410
91,446
215,460

North Dakota
South Dakota
Nebraska - -

3,748,374

432,449

121,726

277,705

754,647

1,249,567

27,572
36,623
93,640
100,745
54,692
15,220
109,842
13,556
125,562

4,388
4,566
12,213
15,856
4,736
1,854
7,603
1,487
14,680

2,215
2,173
5,140
3,997
1,359
556
1,700
357
1,701

2,480
2,800
8,200
9,391
4,807
1,889
9,348
1,288
6,559

7,052
3,693
13,963
12,695
14,756
2,523
22,054
1,873
18,406

Kansas
Montana
Wyoming
Colorado
New Mexico.—
Oklahoma
Total Western States

1,610

577,452

67,383

19,198

46,762

-

257,302
111, 599
2.156, 532
39,834
105,913
25,741
33,976

117
160
1,207
88
217
57
32

182,390
117,691
1,080,822
27,639
43,902
8,146
28,693

13,992
9,352
119,249
3,254
3,541
1,667
2,300

1,116
1,497
16,248
987
1,847
416
1,171

9,519
6,721
44,318
2,182
1,910
1,598
3,665

California
Idaho
Utah
Nevada
\rizona .
Total Pacific S t a t e s -

2,730,897

1,878

1,489,283

153,355

22,282

69,913

357,221




921
812
1,463
696
915
937
1,138
1,101

1,762,815
468,601
2,120,595
1,209,921
572,154
489,723
495,248
683,550

353
221
884
296
312
295
392
424

7,983

7,802,607

302
320
727
975
166
82
250
52
550

60,924
71,871
209,546
225,172
64,932
36,789
131,196
21,670
201,825

3,177
68~
114
270
335
139
71
231
21
261

9,313,606

Iowa
... „
Missouri
Total Middle Western
States

6,714,000
3,262,000
7,718,000
4,931,000
2,962,000
2,577,000
2,476,000
3,646,000

683,000
697,000
1,384,000
1,889,000
537,606
228,000
1,043,000
428,000
2,424,000

.

Number of
banks

34,286,000

_

Washington

Banking
house,
furniture
and
fixtures

Population
(approximate)

Location

3,424

1,023,925

1,579,000
967,000
5,848,000
446,000
512,000
92,000
443,000

311
215
411
131
96
33
37

9,887,000

1,234

Loans and
discounts Over(including drafts
rediscounts)

Investments

Exchanges
Reserve
Other
for clearwith Federal reserve amounts ing house Other rebanks or due from and other sources
banks
other recash
serve agents
items

Total resources

9,495
4,200
65,163
32,516
8,313
10,641
4,502
7,760

58,672
151,421
140,919
72,052
7,555
19,253
1,997
11,842

3,052,586
1,038,134
4,224,417
2,193,366
1,089,384
1,094,839
869,085
1,434,742

142,590
563"
968
4,441
2,691
676
291
3,805
341
3,537

463,711
898~
1,331
1,913
4,483
1,132
87
1,256
177
1,144

14,996,553

6,722
16,117
69,048
78,468
10,658
8,924
40,759
5,202
63,015

97,015

298,913

17,313

12,421

2,161,892

43,250
20,870
276,069
1,681
6,510
874
7,967

47,543
37,075
203,740
16,222
17,827
7,422
5,142

6,744
4,054
78,592
447
1,780
•276
732

5,500
1,824
67,078
202
1,477
99
312

567,473
310,843
4,042,855
92,536
184,924
46,296
83,990

334,971

92,625

76,492

5,328,917

112,882
140,256
418,374
453,833
157,887
68,204
327,794
45,972
436,690

CO

o

2,094

1,671
14,424
3,204
15,005

71
999
2,046
216

11
2,973
11,957
14,100

13,447
124,931
78,376
138,912

2,303

34,304

3,332

29,041

355,666

884,327

3,402,189

4,133,720

1,946,709

2,316,809

70,209,149

854,365
130,069
957,102
3,095
1,852
226

865,844
325,070
1,039,655
1,433
82,415
2,392

27,642,698
13,110,127
16,860,990
1,321,401
11,191,788
82,145

1,946,709

2,316,809

70,209,149

59,800
382,394
1,573,700
12,420,366

Total United States and
possessions..
...

5,280
9
64,644 3,622
53,395
251
61,250 26,030

4,893
30,872
2,190
15,466

310
1,770
1,623
1,216

143
672
906
2,252

1,059
4,746
2,805
11,283

64

174,569 29,912

53,421

4,919

3,972

19,893

138,505,866

Total possessions

17
19
16
12

14,436,260

Alaska
The Territory of Hawaii
Porto Rico
Philippines
_

22,071

35,164,850 45,650

20,060,153

1,808,254

446,488

209

§•

RECAPITULATION
•Nafa'roiHl

faftnk\Su

..,...,

State (commercial) banks..
Trust companies..
Stock savings banks
Mutual savings banks
Private banks

.

Grand total




7,674,837
2,937,642
4,589, 659
365,912
4,475,169
16,934

795,866
401,035
452, 270
32, 753
123, 373
2,957

125,681
134,412
96,218
21,444
65,432
3,301

368,589
274,922
186,193
14, 738
38,229
1,656

1,418,096 2,354,145
790,273
814,368
615,469
1,058,734
44, 695
75,846
320,619
33,566
8,519
1,579

45,650 1 20,060,153

1,808,254

446,488

884,327

3,402,189

6,805 13,177,485 7,790
12,259 7,270,126 32,210
1,469 7,860,418 5,272
654
761,320
165
600 6,051,133
284
44,368
213
22,071

35,164,850

4,133,720

o
o

B
a

CO

Assets arid liabilities of all reporting hanks in the United States, Alaska, and insular possessions, June,

1931—Continued
to

Liabilities (in t h o u s a n d s of dollars)

Reserves
for
Nainterest,
tional
taxes,
bank
and
cirother
expenses culation
accrued
and
unpaid

Location

Maine .
New Hampshire™
Vermont
Massachusetts...
Rhode Island
Connecticut
Total New England
States
Now York
,
New Jersey ^
Pennsylvania
Delaware
Maryland
District of Columbia.

17,593
11, 762
7, 704!
146, 611 j
10, 513
54,195
25.5,070J
922, 577 2,104, 868

139,448
387,472
13,156
41, 708
23,328

1177080 139,289!
171,
46,171 9,308
718, 217 150, 826 20,272
24, 555
6,676 2,069i
72,877 14, 309 7,108!
20, 302
6,904 1,505

Total Eastern States. .. 1,507,689,3,112,418 341, 966
Virginia.
West Virginia
_
North Carolina
.South Carolina
_
Georgia. _.;.
_
Florida
Alabama..
Mississippi. __:. -.
Louisiana
Texas.:.
_
Arkansas
Kentucky
_
'Tennessee
Total Southern States -




293;
115|
114"
7,595:
377
1,098

:

14, 018
36, 704i
24,485
27, 581
13, 606
32,091
109,177
39, 576
467,754

34,822
24, 238
21,015
8, 019
24,472
11,388
19,701
9,580
20,488
52,543
7,664
30,630
27,264
291,824

11,085
7, 567
6,254
2,479
8,522
3,310
5,635
2,060
7,069
27, 732
3,702
7,744
2,909
16,068

179,551
3,398
1,914
1,673
313
1,737
379
2.450
4,540
519
2,594
2,795

4,579!
4,562|
4,270:
19,689.
3,306!
10,557i

Certified
and
cashiers'
checks,

Time deposits United
Demand (includ- States
Due to letters
of credit deposits
deing
banks
posits
and
Postal
travelers'
Savings)
checks
outstanding
9, 991
6,325
1, 795
189,102
10,638
19,160i

1,317
74, 513'
326,674
537
36, 620
230,802
470
23, 553
198, 621
17,062 1,022,249 2,894,271
1,083
116, 938
393. 410
6, 326
294, 051
950, 685

Agree- AcceptBills ments ances
Deto
Other
posits payable repurexenot
and
chase cuted liabilifor
classi- redis- securities
cusfied counts
ties
tomers
sold

781

4,408
2,762
3,777
9,220
450
9,939

2,000

73,171
4,486

2^000

77,661

26,540
1,317'-,
4, 589j

438

9, 592 ...46,963| 237,0111
11,799 71,350 2,028,877;
Aa irv:>l
7,018 24,483
,483
4fl 1 0 2
7, 232 81, 9iO 538, 202!
903
18
2,920'j
6,0871
„.,
531
4,188
18,
930

26, 7U5 1, 567,924 4,994,463J 33,8371
801, 786 6,724, 607 8, 015. 661 137,421 !_,
13,253
775, 080 1,426, 693 11,263|
41, 794 1,876,915 2, 831, 528 49,840..
482
78, 539
64, 602
569;..
248, 727
535, 860 14,368..
2,951
118,901
2,952
135, 924
1,943-.

439

27, 528 188, 92312, 683,18(j|
36,415;
1,223 18, 770
8,767j
447 9,954
1,795 6,2381 24j 960'
7,379'
347 3,194
1,141 7,192i 35,075)
20,499j
243 3,894
10, 369
729 13,414
431 1, 956
5, 376
55,492
1,520 5,897
1,931 41, 002 123,073
14; 460
•112 3,137
30,261
795 11, 060
30,148
14, 727

865,218 9,839, 792 12, 993, 245 215,404
27 151, 918 286,294 746, 808
3,612 179,
250,2
10,8
98
14< C
1,813 136,
112,274
4,051 136,858
3, 965! 2,482 11, 668
713
14
839
64, 426
5,808
2.933
187
128,843!
1,349 143, 478
7,474
9,960.
57
76,417|
1,593 117,150
14
6,308
548 1,737
90, 521! 3,538!109,629
9,135
403
1,159
72,466,
6,452
74,834
125
476,'-.
4,562 217,313
141,900 10,147!5,740
225
l7(
12,157 608, 777
14,501 2,663 1,127
17,173;..
4,177
1.469
56, 082
79,211
256
365! ..
7,503 14, 595
4,771 178, 540
182, 260j
1.190L.
7,914
1,271 174, 357
166, 090
612
1,824'-.
3,044 98,911 18,466
1,734,332| 66,4
4,329|

1JU552 140,496

402,271

30,556
34,098
27 35,944
74,672
1,095
5,849
260

i"37 719, 904
1,248
99

22, 353
3, 303

2, 750

100
433
692
20,166
162
4,084
31, 637
361,450
28,644
109, 232
1*140
3,206
1,716
JOTH 388

10,562
947
2,363
363
1,228
2,194
. 627
3*702
1,429
19,621
60> 667

Ohio
Indiana
IllinoisMichigan....
Wisconsin...
Minnesota..
Iowa
Missouri
Total Middle Western
States
North Dakota..
South Dakota...
Nebraska
_.
Montana. .
Wyoming
Colorado
NewMexico.
Oklahoma—.
Total Western States....
Washington..
Oregon
California....
Idaho
Utah
Nevada
Arizona
Total Pacific States^....
Alaska
The Territory of Hawaii
Porto Rico
Philippines

185,943
64, 999
296, 340
113, 637
70, 932
58, 794
57, 767
106,554

150, 754
41,581
200,616
116,802

954, 966

664,530

223,247

86, 209

8,810
10.455
29,156
37, 985j
9,800!
4,205
17,241
2,970
32, 207

4,152
4,618
11,999
19,487
5,300
3, 056
12,068
1,629
11,179

959
2,071
3.890
7,'
2,653
1,133
5,569
256
5,768

5411
450
2,427;
612.
963J
1761
302!
146
934

33,185
28,723
54, 774

46,752
9,555
17,706
508
60,510 36,666
28,453 19, 728
20,314
6,778
12, 399
3,751
10, 690 3,082
26,423
6,141

3,174
662'
25,561
1,784
2,077
2,867
1,365
661

38,151 156,7211
371
2,745;
250
1,758
634
6.810
500
9, 296
647
2,151
136
1,486
976
4,293
62
1,357
697
6,092

_30, 287

6,550i

4,273

40, 517
21.176
212, 424
5,942
11,146
3,197
5,116

15,413
9, 263
158, 348
2,286
6, 364
1.206
3,877

"57895
4,592
50,127
706
1,498
735
1,311

2,1661
622
12,454!
2,665!
1,482;

537
358
3,677
79
585
116
212

299,518

190, 757

64,864
364
3.972
556
429
5,321

19,545)
87
1,347
169
2,432

152,826'

915:
11, 7111
6, 804
12, 742

459
6,063
1,950
5,302

54

Total possessions
32.172
13, 774
4. 035:
Total United States and
possessions
3, GOO, 998 4, 792,851 1,010,128 358,1O2|

T

5, 564
2
319
190
6G8
1,179

5,192,892i 5,938,008

982,165
2,477
5,054
46,464
30,156
8,369
2,884
23787

766
2,7
2,8_
1,324
441
2,845
337
6,065

35,1

6. 588 156,388
51,757
12, 858
23,897
5,711
43,821 243,175
1,588
3,815
2,457
15,664
1,244
2,672
1,172
1,931
68. 351
113
3,150

36,102
55,938
179,001
230, 202
63, ()39|
28,149!
142,882J
25, 291
214,521

54,260
54, 524
126,760
101,417
61,179
25,027
113,836
11,435
117,556

17, 700 975 ! t25!_605,994
232, S98
2,836
191,869
123,324
2,047
115,51!
984,48' 2,189,522
39,478
31, 738
41,894
774
76,764
43, 753
957
20,439
15,744
429
32,749
800
47, 321 1,429,511: 2.707,534
4,990:
5,837
72
41,002!
50,434
810
17.885;
21,120
1,286
35, 500!
48, 394
1.054
3. 222!
90, 377125, 7*5J

342,911

3. 203

34, 013
9,628
29,966
15,693
7,137i
4,842
6,727j
11, 705!

S, 463 933, 212 1,394, 475 22,317
326, 474
348, 396
4,801
3,157
32,944 1,596,629 1,330,889
709,027 1,009,400
14,534
327,166
5,740
517,005
340, 799 516, 611
8,910
271,996
2,165
426, 377
687, 590
9,229
394,865

33,039 150,219
41,174
21,639
34,448 426,072
64,107
IS, 126
58,624
15,871
13, 456 92, 710
42,938
10,769
8,373 106,321

24. S06

118
1,660
10,161
12.867

H
O
H

H
o
o

1, 521

97,839 039, 304 4,828, 741 1, 083,003=21,326,210J29,159, 361 448,189

715!

13,494:

I 1,009

25,993

19, 240 457,620 312, 335 938,407 1, 067,821

RECAPITULATION
National banks...
State (commercial) banks
Trust companies
Stock savings banks
Mutual savings banks
Private banks
_
Grand total




1,087,6031.i493,876
443,592 130,599
950, 206 665, 752 200,992 89,900
907,4321,620,525 186,896 127,904
,
2,413
61,855
11,980
39, 399 165,417
7,173
968,121
107
1,251
6,842
5,178
3,669, 998 4, 792,851 1,010,128 358,102

1,412
02,881 639,304 2, 746,
622,520
25,693
7,113
1,452,777
457
6,175
1,661
453
34

531,12710,105, 885 8, 579,590 235,226
i,
70,772 4 581,490 6,274,952 86,165
480,631 6,493,3S3 4,157,143 122, 992
349
114,195 1,085,008
3,806
3,71810,031,124
31,544
27,539
88

97,839| 639,304 4,828, 741 1,083, 003 21, 326,210 29,159,361 448,189

153,533 10,206 442,235 380,509
6,638 180,357 17,023 54, 073 278,682
13,106 109,631 285,046 442, 099 394,312
566
4,223
975
4,528
0,557
30
5,348
3.786
19,240 457, 620 312,335 938,4071,067,821

I
CO
CO

Assets and liabilities of all reporting banks in the United States, Alaska, and insidar possessions, June% 1981—Continued
[In thousands of dollars]
Loans and discounts

Location

Maine
New Hampshire
Vermont
Massachusetts
_
Rhode Island
Connecticut
Total New England States.
New York
_
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana

Texas

IIIIIIIII-I-IIIIIIII!

Arkansas
Kentucky
Tennessee
Total Southern States
Ohio
Indiana




Real estate loans,
mortgages, deeds
of trust, and other Loans on
liens on real estate securities Loans to
(exclusive banks
of loans
On
On farm other real to banks)
land
estate
1,587
670
1,563
1,491
230
545

75,221
89,087
85,351
1,519,069
143,788
516,934

6,086

2,429,450

16,034
16,935
2,203
15,243
174

3,997,877
468,049
290,774
27,695
116,920
27,584

74,893

7,290
1,374
2,190
1,516
3,668
1,090
4,248
3,484
4,870
32,316
2,564
6,409
3,606
74,625
14,533
10,853

Commercial paper
bought in
open market, and
bills, acceptances,
etc.,
payable

28,526
25,069
22,527
432,453

100
17
40
17,009

1,115
1,581
6
100,912

194,597

908

2,854

18,074

112,953
580,824
37,273
34,654
108
95,493
2,929

4,928,899 | 5,604,401 214,040
6,184
53,032
105,240
13,330
1,489
31,714
3,053
11,076
686
13,758
14,662
856
27,842
34,712
4,901
5,946
10,323
1,449
5,262
17,969
5,070
4,619
5,163
776
2,101
13,442
1,398
115,842
7,823
4,810
18,886
783
7,866
2,237
45,834
5,861
5,486
201,448
443,589 39,138
580,828
24,702

Investments

166,982
44,134

4,937
7,417

751,281
4,670
312
1,260
3,774
2,750
130
761
7,287
144
3,305

28,613
279
2,194

All other
loans »

122,477
29,049

United
States
Government
securities

Railroad
Stock of
Foreign
Other
State,
county, and other Federal re- government bonds,
public serve banks bonds and notes,
and municipal corporation and other other for- warrants,
corporaeign sebonds
etc.
bonds
tions
curities

25,691
21,115
10,170
191,032
73,632

12,903
7,907
6,225
344,799
13,055
32,258

113,231
222,083

1,059,291

386,335

417,147

1,215,660

2,565,465
530,902
1,107,768
24,144
66,826
60,982

1,906,755
168,524
765,037
12,153
77,039
44,866

419,472
132,657
245,539

734,057
333,208
848,019

25,351
5,136
4,356,087 2,974,374 | 834,993
213,711
182,312
201,652
59,527
143,224
52,937
134,706
89,112
253,941
427,454
72,631
270,322
218,444

29,299
22,103
12,021
40,910
65,419
22,330
5,469
21,552
124,420
12,709
30,074
23,996

11,154
3,202
19,188

>,256
379,301

202,014
67,573

643,554
59,639
168,563

4,319
25,447
9,059
8,580
10,278
50,465
6,125
2,349
9,251

80,423
41,218

16,007
7,763
11,555
33,377
6,733
65,274

69,541
13,419
10,339
183,653
58,337

170,506 |

140,709 | 349,178

168,344
18,269
2,128,795

320,198
97,229
20,755
156
35,266
4,133

285,014
45,272
73,337
916
13,966
2,801

2,322,389
106,695
1,029,276
16,433
66,605
15,985

477,737

421,306

3,557,383

8,167
7,500
645
3,109
8,203
8,120
4,792
968
1,590
11,506
1,628
13,795
2,950

10,160
8,913
826
3,972
4,401
2,078
1,485
417
1,134
9,436
422
968
2,120

4,321
3,104
353
1,267
1,867
1,750
2,349
860
728
4,870
704
2,561
2,284

35,732
25,655
16,737
13,345
16,303
11,307
16,437
27,451

169,115
139,662
8.330

5,957
21,084
5,050
72,734
650
65,031

27,018
26,796

13,835
48,192
26,664
369,080
269,596
87,164

Illinois
Michigan...
Wisconsin...
Minnesota..
Iowa
Missouri
Total Middle Western States
North Dakota....
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New^Mexico
Oklahoma._ .
Total Western States
|
Washington..
Oregon
California....
Idaho
Utah
Nevada
Arizona
Total Pacific States.
Alaska
_
The Territory of Hawaii. _
Porto Rico
_._
_._
Philippines
Total possessions
Total United States and possessions
_

16,648
5,606
53,324
11,366
14,140
3,154

201,439
492,996
58,824
10,016
8,672
10,809

129,624 • 1, 388.286
4,277
2,456
2,273
6,227
10,901
3,635
5,383
24,577
1,076
4,602

1,0tt5,670
168,908
147,315
70, 711
25,041
81,383

26,445
6,025
4,901
6,640
5,881
9,611

1,710,144 j 71,857 1

2,815 ;
11,041 !
14,082 :
6,370!
23,995 !
1,221 i
1,622 j
9,002 !
1,644
1,738 ;
65 I
1,066 i
238 i
477 i
17,073

316
513
6,280
3,282
309
468
3,423
65
2, 049
17,305
1,075
986
4,228
202
947
104
67
7,609

755

421
905
1,119
4,158
6,603

443,472 j 9,693,440

308,778

1,058,343

9,111,299

481,207
71,127
85, 644
101,210
38, 216
69,174

90,585 ! 4,412,111 | 1,116,165 I

2,885
25,473
18,854
13,753
7,410
2,518
4,767
7,455
47,992
1,162
2,293
1,782
4,502!
8,276
37,615
35,746 i
62,039 i 160,531
3,109
5,887 j 32.250
6,239
14,102 I 17,148
93,127
567,224 I 300,059
i,540
3,805 i
4, SSI
5,725
39,263
34,782
2,749
5,615 i
2,581
3,070
8,331 j
9.208
115,559 ! 644,227 I 386.669 {
55
1,232
2,807
19,952
25,794
3,482
5,204
3,956
4,901
650
13,957
fl, 939 i 39, 097 :
35,954 |

744
11

340,584
533,571
296, 749
376, 908
435,144
554,598
49,769
35,763
160,874
176,533
49,797
26,663
67,396
16,130
148,306
731,231 i
209,720
68,613
1,146,301
29.009
44, 313
14,493
13,149
1, 525, 598 !
3,572
14,442
39,623
27,584
85,221

132,247
26,240
32,275
39,351
18,401
29,832
426,338 |

54,357
23,911
85,100
33,902
19,529
305,083

4,088
3,687
20,718
2,308
13,142
1,020
11,465
642
2,277
59,347
18, 913
66,946
18,6y7
17,411
47,406
28,301
32,631
452,879
207,518
2,652
9,326
5,095
12,908
10,867
6,017
2,412
3,402
616
13, 547
6,367
1,911
005,424 | 280, 247 | 81,051
1,618
524
1,233
6,880
7,266
2,640
156
803
5
494 ! 10,252
781
18,845 i
4,659 1
7,704
10,991
29,558
32,653
15,852
6,028
55,433
5,671
29,324
193,214 1

4,190
11,631
14,552
23,413
7,769
3,144
15,201
2,864
36,513
119,277 !

14,489,512 j 5,717,642 j 2,265,962

14,976
11,560
5,647
2,835
2,677
72,146
121,915
247
268
793
1,031
342
205
1,557
116
3,020
7,579 |
1,366
774
12,278
526
5,673
132
1,348
22,097
66
1,235
10
6
3,115 |

17,826
9,807
22,044

385,015
367,700
68,226
169,889
110,287
6,077
5,831
221,932
19,064 1,679,809
2,784
8,569
1,842
81204
9,233
18,786
39,623
1,717
12,540
5,047
4,307
516
3,363
22,823
80
4,183
2,919
51,509
27,501
170,534
4,770
71,698
10,477
13,322
25,068
350,448
2,718
7,322
1,500
5,977
1,423
161
651
45,405 1 455,059
272
1,180
3,076
9,776
481
735
321
1,814
4,149 |
13,505

3,867,568

849,281 I

766,162

217,475
62,354
453,708
1,907
111,493
2,344 j

476,448
51,484
162, 075
1,601
71,942
1,002

849,281 i

765,152

o

§
H

1,179,540
1, 618,523
1, 277, 556
257,695
2,254,933
6,301

3,807,568 |

3
g
g
^

6,594,648

1,547,886
224,202
714,005
12,323
1,365, 324
3,828

K

6, 5S4,548

RECAPITULATION
National banks
State (commercial) banks
Trust companies
_
Stock savings banks...
Mutual savings banks
Private banks
G r a n d total

_

j
i
j
!

:

304,824 1,280,599 4,537,733
105,177 1, 357,162 1, 111. 168
27,086 i; 232,915 3,393', 051
88, 505
10,323
2,127
57,707
1,117 5,729,525
4,740
3,337
2,541

'

443,472 ; 9,693,446 j 0,111,299 | 308,778

:

266,628
4, 784
97,094
97
35
140

495, 616
52,338
008,9.18
172
1,040
259

fl. 292,105 3,250,268
4, 639,497
667,909
2, GOO, 754
1, 545, 068
660.096
89,173
261, 709
157,273
35,351
J.,95L

1,058,343 j 34,489,512

997,220
313,170
436,647
3,233
514,204
1,508

5, 717, C42 ; 2,265,962 |

* Includes $8,197,407,000 reported for banks other than national, a part of which should probably be classified elsewhere in the schedule*




GO

Assets and liabilities of all reporting banks in the United States, Alaska, and insular possessions, June,

1931—Continued

CO

[In thousands of dollars]
Demand deposits

Cash!

Location

Maine
New Hampshire.
Vermont
Massachusetts-__
Rhode Island
Connecticut
Total New England States.
New York
_.
New Jersey
Pennsylvania
_._
Delaware
Maryland
District of Columbia..
Total Eastern States.
Virginia
West Virginia....
North Carolina..
South Carolina...
Georgia
FloridaAlabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States




Gold
coin

Time deposits

Other time deposits
State,
Individual
State,
Gold All other
Certifi- Other county, Deposits
Postal
deposits
Time de- savin KS
certifi- cash in Not clas- subject to county, and cates of demand and mu- of other
sified
municipal deposit deposits nicipal
vault
banks Evidenced Certifi- 'posits, open deposits
check
deposits
by savings cates of
accounts,
deposits
pass books deposit Christmas
savings, etc.
1,819
2,504
989
12,337
8,020
14,328

1,441
16,373

1,913 | 3,405

39,997

21,882

1,453,543

65, 690

30,791

17,900

7,004

2,709

85,783

18,385

4,326
82
387
205

25,954
8,032
2,453
30
167
5,246

6,123,511
607,049
1, 757,126
58,092
210, 678
129,413

370,046
143,349
92,422
18,806
22, 571
33

41,313
10,973
19,197
12
4,473
638

189, 737
7, 709
8,170
1,629
11,005
5,840

59,173
15,234
11,710
79
23,610
500

9,172

41,882

215, 747

18,385

8,885,869

647, 227

82,606

221,090

110,306

03,755 11,208, 933

543
160
94
100
259
131
237
196
280
1,005
177
190
195

404
172
87
105
152
521
146
48
63
534
91
308
138

10,518
3,618
2,420
4,653
7,360
5,378
4,726
4,291
22,509
4,671
3,791
4,370

5,471
3,795

163,179
123,781
108,419
48,536
131,962
79,549
99,059
49,602
187,391
508,228
53,944
171, 554
155,037

7,724
11,140
16,978
14,862
8,097
35,162
8,726
24,771
14,643
79,119
20,505
6,545
16,609

592
4,772
229
2,762
81
1,474
211
1,718
8,961
3,928
330
2,650

184
1,015
6,689
799
655
2,358
370
250
13,561
12,469
834
111
61

4,288
65
1,507
4,283
781
2,719
1,633
1,112
664
17, 508
180
1,851
6,192

4,234
515

3,567

2,769

85,247

26,088

1,880,241

86,511

39,356

42, 783

7,051

114
75
325
418
893

1,463

143
168
127
1,048
733
1,186

4,068

78,086
1,862
10,101
2,981

4,146
7,251
2,726

69,298
31,608
21,967
972,815
108,394
249,461

2,095
2,666
320
29, 672
5,850
25,087

264, 88

3,118
1,646
1,153

2
700
113

2,674
12,507

20
6,996

565
20
110
1,876
2,644
1,789

107
977
57
5,393
532
2,794

320,751
54
226,719
200
196,854
17,394 2, 703,195
346, 233
410
908,814
6,630

1,056
113,537
38,836
21,953

24,688

4, 702,560

181, 588

68,757

9,860

54,671 I 6,799,044
2,056 1,332,029
3,463 2,430,437
63,087
"3V4I9
146
100|948

95,940
31,290
285,116
687
15,443
9,055

954,972
40,105
81,322
610
9,861
7,433

51,861
5,979
19,480
139
139
819

437,531

1,094,303

78,417

58t9U
39,321
41, 549
10,238
32, 668
10, 598
7,686
32, 508
35,937
53,981
21, 555
89, 226
69,176

2,074
3,359
141
2,203
3,053
236
1,840
299
859
12,518
828
2,926
3,339

1,048
2, 739
1,447
3,136
5,515
15,530
2,846
400
324
5,869
2,707
335
2,147

503,354

33,675

44,043

112
361
112
495
595
25
534

183, 793
98, 568
67, 269
48,340
86,133
46,739
76,491
38,079
104,110
154,671
30,812
83,688
84,721
1,103,426

4,703
1,503

548
1,529
344
52,876
4,755
8,705

Ohio
Indiana
. _
Illinois
Michigan
_ - .-_
"Wisconsin
TVtinnesota
Iowa .
Missouri
Total Middle Western States.
North Dakota
_ _
South Dakota
Nebraska
Kansas
^Montana
Wvomincr
Colorado
Now Mexico
- Oklahoma
_
Total Western States
Washington __
Oregon
_ _ __
California
Idaho
Utah
Nevada
Arizona,.Total Pacific States
\laska
The Territory of Hawaii _
Porto Rico
Philippines
Total possessions
Total United States and
possessious

462
736
1,936
316
263
236
247
203

3,052
1,340
4,003
1, 377
2,779
454
88-1
455

14,153
14,139
64, 882
7,683
17,833
6,946
5, 267
5,428

4, 399

12, 344

58
40
400
657
207
145
1, 254
63
162

66
66
172
3,699
205
81
1.132
92
381

136,331
1,314
1,323
7,628
5,035
4 395
1, 663
6,962
1,133
4,320

2. 986
9ns
297
521
37
179
87
122

5. 894
116
102
1,243
28
169
16
171

1,446
114
100
106
274
594

1.845

773

945
4.423
2.152
10, 929
18,449

24, 077

68, 912

571,333

146
547
80

33. 773
5. 549
3, 543
25,474
794
1,562
1,495
3,372
41, 789

49,675
16,977
20,277
12,842
9,010
15, 850
124,631
1,042
1,371

1,696
4,109
3,651
2,779
17. 080
1,323

24, 833

719, 666
279,149
1,448,247
529,891
241,228
274,058
241,160
654,335

167,195
36, 087
114,954
39,900
76, 285
48,177
18,751
21,259

4, 387, 734

522, 608

29,815
38, 785
140,229
168,674
45, 681
19,017
124,648
16, 528
182, 372
765, 749

4, 5L0
15,094
29,463
49,008
15,355
8,113
12, 765
7,070
30, 296

143, 585
92,288
902, 421
27,101
36, 384
12,927
29,142
1. 243, 848
4,206
23,285
10, 704
23, 057

171, 674
44,139
18, 772
64,485
13,154
6,376
2,550
6,890
156, 306

77

61. 2")2

697
C, 329
4. 382
10, 258
21,664

220,005

18,678, 236

1,850,110

77

14, 719
654
31,115
94, 603
9,239
4,148
8,971
11,515
174, 964
1,711
1,984
9,138
10, 313
2.459
'991
3, 587
1,609
1,467
33, 259
1,917
2,910
3,230
1,533
211
264
98
10.163
75
1,068
852
545

31, 632
10, 584
2.313
44, 633
414
14,416
3,113
481

18, 965
505
39,124
3,914
10,864
2,335
680
2.591

107, 586
66
75
171
2,207
144
28
1,882
84
386

78,978

6.043

2,753
i;564
594
482
15
159
1,211
44
10, 720
17, 542

2,228
1,548
14,351
106
782
3
116
19,134

317
2,178
258,891
117
1,155
14
3,309

12
10,320
1.947i; 642

265,981

2, 540

13, 921

40
6,106
5,801
9,422
21, 309

370,834

427,030

543,903

473
1,810
15, 774
212
7,214
8,100
1,088
3,708
38, 379

1,107. 523
215, 038
982, 897
822, 350
271,413
281,985
213,032
188,841

218,146
123,695
234, 764
168, 752
216, 312
206,606
195,061
32,520

46, 279
2, 946
47,205
9,968
8,696
8,172
3,400
162, 474

3,089
4.402
11,125
4,204
2,506
9,413
13.116
4,721

4,083,079
15,157
13,325
34,759
27,567
33,092
12,038
89,204
5,540
41,261

1, 395, 856
31,887
32,974
83,119
60,150
21,671
9,604
16.803
3, 645
37,079

289,140
1,537
412
4,254
7,821
116
1,536
1,581
70
19,985

271,943

296, 932

190,602
95,901
1,811,048
18,033
63,218
18, 489
23, 730

30,462
18.266
59,263
10,788
11,178
671
3,079

37,312
1,130
1.440
25,222
111
468
823
393

52, 576
2,881
6,248
4,024
5,307
6,285
1,690
5,012
1,990
8,451
41,888

25,669

2, 221, 021

30

30

73,433

133,707
736
12,400
918
6,526
20, 580

29,587

4,545
30,504
13, 716.
24,668

159,949 23, 664,401

2, 969, 548

45
1
10
90
25
146
60
377
1,724
32
23,830
83

8,763
5.507
11, 268
2,689
662
442
2,238

1,361
555
3, 685

31,569
516
33
130
4,093

5, 601

4,772

1, 558, 375

263,125

RECAPITULATION
National banks
_...
State (commercial) banks
Trust companies
Stock savings banks
Mutual savings banks
Private banks
Grand total

13, 372
5,190
4,979
30
479
27

39, 628
0. 918
21,184
525
539
118

24,077 I 68,912

315. 589
124. 487
122,373
981
7,234

8, 660, 076
3,903. 659
5,918,088
110, 007
3, 463
22,943
571,333 ' 220, 00f) | 18,678,236
138. 327
37,657
13, 202
29,977
842

1,162, 4r,0 132, 953 150,406
74. OSS
443,450 100.293
242,115 132, 429 200,751
3,363
103
722
55
200
1,741
1.792
1,003

372, 022 148,149 6,031,314 1, 311, 535
45, 350
1,433 3,698. 208 1,287, 788
268, 583
67,623
10,282 2,967, 771
88,931
933,154
58,188
85
10,016,799
426
764
17,155
12,285
10

1,850,110

543,903

370, 834 427,030

159, 949 23,664,401

509, 365 207,205
222, 351 19, 816
33,895
2,441
2,200
13,135
2,094

2, 909, 548 i 1, 558, 375

203,125
CO

i All cash in national banks included in first 3 columns.




138

REPORT OF THE COMPTROLLER OF THE CURRENCY

A classification of the demand and time deposits in each class of
reporting banks follows:
Demand and time deposits in each class of banks June SO, 1931
[In thousands of dollars]
Demand deposits
Number of Individual State, coun Certifibanks
deposits ty, and mu- cates of
subject to
nicipal
deposits
check
deposits

Other
demand
deposits

Total

State (commercial) banks..
Loan and trust companies..
Stock savings banks
Mutual savings banks
Private banks

12,259
1,469
654
600
284

3,963,659
5,918,088
110,007
3,463
22,943

443,450
242,115
103
200
1,792

100,293
132,429
3,363
55
1,741

74,088
200,751
722
1,063

114,195
3,718
27,539

Total
National banks.
Grand total

15,266
6,805

10,018,160
8,660,076

687,660
1,162,450

237,881
132,953

276, 624
150, 406

11,220,325
10,105,885

i 22,071

18,678, 236

1,850,110

370,834

427,030

21,326,210

4, 581,490

Time deposits
State,
county,
and
municipal deposits

Deposits
Depos- evidenced
its of
by savother
banks ings pass
bpoks

Certificates of
deposit

1,287,788
State (commercial) banks 45,356 1,433
Loan and trust compa268,583
nies
- 67,623 10,282 2,967,771
85
933,154
58,188
88,931
Stock savings banks
10,016,799
764
426
Mutual savings banks....
17,155
10
12,285
Private banks
Total
National banks
Grand total

Time
deposits, Postal
open ac- savings
counts, deposChristits
mas savings, etc.
222,351

Total

19,816 5,274,952

Total
demand
and time
deposits

9,856,442

33,895 4,157,143 10, 650,526
2,441 2,209 1,085,008 1,199,203
13,135
10,031,124 10,034,842
59,083
2,094
31, 544

171,941 11,800 17,633,087 1,658,013 1,049,010 55,920 20, 579,771 31,800,096
372,022 148,149 6,031,314 1,311,535 509, 365 207,205 8, 579, 590 18,686,475
543,963 159,049 123,664,401 2,969,548 1,558,375 1263,125 29,159, 361 50,485, 571




139

KEPOKT OF THE COMPTROLLER, OF THE CURRENCY

The resources and liabilities of all reporting banks June 30, 1927 to
1931, are'shown in the following statement:
Resources and liabilities of all reporting banks on or about June SO, 1927—1931
[ID thousands of dollars]
1927 (27,061' 1928 (26,213 1929 (25,330 1930 (24,079 1931 (22,071
banks) | banks)
banks)
banks)
banks)
RESOURCES

i

Loans and discounts (including rediscounts)
___
_
Overdrafts
Investments
_
_
Banking house, furniture and fixtures
Real estate owned other than banking
house
_
Cash in vault
_
Reserve with Federal reserve banks or
other reserve agents
_
Due from banks
_
Exchanges for clearing house and other
cash items
_
Other resources

37, 270,378 39,542,067
50,407
43,450
17,255,093 18,771,814
1,580,105 1,

41,376,269
56,857
17,348,738
1,754,454

399,473
1,007,896

403,967
887,845

390,816
819,928

425,151
865,970

446,488
884,327

2,932,954
3,967,448

3,105,840
3,616,408

3,192,200
3, 567,525

3,433,102
3,994,325

3,402,189
4,133,720

2,181,167 1,753,098
1,494, 594 1,779,186

1,691,772
1,973,946

2,884,635
2,151,748

1,946,709
2,316,809

. . - MS, 132,558 71,574, 328
-.!

72,172,505

74,020,124

70,209,149

Capital stock paid in
3, 525, 522
3,376,498
4,145,529
Surplus
3,764,527
1,226,361
1,131,206
Undivided profits—net
Reserves for dividends, contingencies, etc__
Reserves for interest, taxes, and other ex- j
» 70, 326
2 83,753
penses accrued and unpaid
!
650,946
649,095
National-bank circulation _
I
4,289,337
4,081,028
Due to banks
_
Certified and cashers* checks and cash
letters of credit and travelers' checks outs 882,519
* 1,205,821
standing
_
_
23; 784, 702 24, 306,651
Demand deposits
_
28,538,109
Time deposits (including postal savings)...
194,024
222,816
United States deposits
895, 730
399,938
Deposits not classified *
_..

3,796,978
4,611,698
1,097,386
161,483

3,889,419
4,968,999
1,154,804
268,276

4,792,851
1,010,128
3f«, 102

142,776
649,452
3,629,197

122,737
652,339
4,337,120

97,839
639,304
4,828,741

Total—.

40,460, 670
49,438
17,944,728
1,810,357

35,164,850
45,650
20,060,153
1,808,254

LIABILITIES

3 56,751,307 3 58,431, 061
I 1,566,140
I
2 7,217
j 2 411,763
» 1,527,881

829, 508
Bills payable and rediscounts
_.
J 3,529
Agreements to repurchase securities sold__.
Acceptances executed for customers
__. 2 248,184
s 1, 306, 527
Other liabilities

Total..
1
2
a

837,430
1. 615,277
24,350,164 24', 098, 516
28,787, 017 29,465,361
286,112
213, 722
20,121
117,199
57,910, 641 59,847,195
1,630,703
665,817
55,523
47,678
449,917
585,9G9
1, 665,948 1, 816,881

-. 68,132,558 j 7L 574, 328 ! 72,172,50574,020,124

1,083,003
21,326,210
29,159,361
448,189
19,240
56,864,744
457,620
312,336
938,407

1,067,821

70,209,149

Included in undivided profitj:.
For national banks only; figures for banks other than national included in undivided profits.
Revised to include cash letters of credit sold by national banks and outstanding.
* For banks other than national.
* Includes cash letters of credit sold by banks other than national and outstanding.




140

REPORT OF THE COMPTROLLER OF THE CURRENCY

Principal items of resources and liabilities of all reporting banks in continental
United States as compared with similar data for member banks of'the Federal
reserve system, on or about June 30, 1931
Member banks
All
reporting
banks:1
22,007
banks (000
omitted)

Items

Loans *
_
Investments.Cash
Capital..
Surplus and undivided profits
Deposits (demand and time)
Aggregate resources

35,006,019
20,006,732
864,434
3,637, 826
5,783, 884
50,260,409
69,853,483

Per cent Mutual
Private
to all
savings banks: *
Per cent reporting banks: * 284 banks
1
7,782
banks, 600 banks
to all
(000
banks (000 reporting except
(000
omitted)
banksi mutual omitted) omitted)
savings
and
private
21,816,243
12,106, 279
519,135
2,620,606
3, 545, 550
30,137, 692
45,288,588

62.32
60.51
60.05
72.04
61.30
59.96
64.83

75.46
78.03
62.96
72.17
76,35
75.03
77.31

t, 051,133
4,475,169
38, 229
1,133,538
10,034,842
11,191, 788

44,581
16,934
1,656
6,842
6,429
82,145

i Exclusive of banks in Alaska and insular possessions.
* Included in all reporting banks in column 1.
a Including overdrafts.

BANKS IN THE DISTRICT OF COLUMBIA

A classification of banking associations in the District of Columbia,
together with capital, demand and time deposits, and total resources,
June 30, 1931, follows:
Number
National banks-Loan and trust companies
Savings banks
_
Building and loan associations.
Total__

_

12

Capital

Demand and
time
deposits l

Total
resources

$11,175,000 $137, 620, 000 $188, 790,000
74,311, 000
9,400,000
102,171,000
42,894, 000
2,753, 000
49,219,000
i 70,244, 000
77, 992,000
23,328,000

325,069, 000

418,172,000

i Amounts due to banks not included.
* Share payments mainly.

Earnings, expenses, and dividends of banks other than national in the
District of Columbia
The following statement shows comparative figures concerning the
earnings, expenses, and dividends of banks other than national in the
District of Columbia for the years ended June 30, 1931 and 1930:




141

rrr OF THE COMPTROLLER OP THE CUBKEXCY

Earnings, expenses, and dividends of trust companies and savings banks in the
District of Columbia
[In thousands of dollars]
0 months ended Dec.

6 months ended June
30, 1931

Year
ended
June
5 trust 22 sav- 27 total 5 trust 22 sav- 27 total 30,1931,
27
comings
comings
panies banks banks panies banks banks banksi
31, 1930

Capital
Surplus
D i v i d e n d s declared

;

_.j

9,400
9,750
532

Gross earnings:
|
Interest, and discount on loans._ _ 1,451
Interest (including dividends)
on investments
620
Interest on balances with other
banks
81
Domestic exchange and collection
charges
3
Foreign exchange department
6
Commissions and earnings from
insurance premiums and the
negotiation of real-estate loans.
5
Trust department
335
Profits on securities sold.
i
166
;
Other earnings
241

Total

2,917 |

Expenses paid:
Salaries and wages
Interest and discount on borrowed money
Interest on bank deposits
Interest on demand deposits
!
Interest on time deposits
;
Taxes
•
Other expenses
—
Total.

977 !

Total.

1,077

Losses and depreciation charged off:
On loans and discounts
On bonds, securities, etc
On banking house, furniture and
fixtures
On foreign exchange
Other losses

1,013

2, 404

1,291

2,280

4,744

5,832

258

8S7

592

242

834

1,721

1,431

27

108

67

24

91

199

198

21
2

24
8

3
6

21

45
15

42
22

335
197
358

8
261
343
348

29
145

28
261
172
493

56
596
369
851

Cl
C02
152
1,022

4,409 | 2,719

1,468

698

403

23
31
117
1.432 |

9
2
26
409
76
240 !

),400
> 750
,
588

498

19
407
312
252
289

3r .'80 | 3,120

27
333
802

2,753
1,827
125

20

9
2
23
397
76

12,153 212,153
11,577 211,577
713
1,393

13,153
11,854
1, 557

4,187 | 8, 596 |

«, 362

3,101

2,189

2,347

21
430
709
328
544

18
48
763
1,511
09 i
1,042

74
48
782
I, 560
840
3,092

1,977

1,105

3,142

C, 202

fi, 743

12

L 281)

742

303

1, 045

2,334

2, 019

25
98
13

1

24

25
7
4

50
105
17

34
6
28

1,081 | 2?506

2, 687

348 j 3,425 |

2
752

329

4
139

61
137

152
44

160
50

16

67

I
3 i

11

36

47

23 i

76

Total.

248 |

65
256

225
306

102
113

19

22

89

16

39

86

206
143
61

324

169

213 |

382 I

706

715

100

1,101

583

110

699

1,800

1,972

5. (.6

5.38

5. 60

6.2G

4.54

5.87

11.46

11.84

27.8

3.22

2.86

3.07

2.73

3.00

5.87

0.23

cent. _ 10. 05

3.63

9.06

6.20

4.21

5.75

14. 81

34.9G

oont...

,n

4.64

3.04

2.53

2.95

7. 59

7.89

_

1,001

cent..
cent..

5.23

1
Number of reporting banks J une 30, 1931.
* Capital and surplus as of June 30,1931.




12,153
11,598

25
8
3

1,940 |

Net earnings
Recoveries on charged-ofi! assets:
Loans and discounts
Bonds, securities, etc
Allother

Net addition to profits
Ratios:
Dividends to capital per
Dividends to capital
and surplus
per
Net addition to profits
to capital
per
Net addition to profits
to capital and surplus
per

2,753
1,848
148

418
2
307
39?.
287
2r>8 |

Year
ended
June
30,1930,
28
banks

142

REPORT OF THE COMPTROLLER OF THE

CURRENCY

Building and loan associations in the District of Columbia
The resources of the 24 building and loan associations operating in
the District of Columbia under the supervision of the Comptroller of
the Currency on June 30, 1931, totaled $77,992,000 and exceeded by
$6,363,000 the resources of the same number of associations on June
30 a year ago.
The loans, which aggregated $74,365,000, showed an increase in
the year of $6,222,000. Installment payments on shares increased
also from $64,480,000 to $70,244,000.
Nineteen of the associations operated on the permanent plan and
five on the serial plan. The total membership was 79,222, as compared to 74,272 members a year ago, and of the total in the current
year the numbers borrowing and nonborrowing were 21,883 and 57,339,
respectively.
The statement following discloses the number of building and loan
associations in the District of Columbia, their aggregate loans, installments paid on shares, and total resources on June 30 of each year
1909-1931. Summaries of the resources and liabilities of the individual associations as of June 30, 1931, together with consolidated
statements of assets and liabilities and receipts and disbursements
for the 6-month periods ended December 31,1930, and June 30,1931,
are published in the appendix of this report.
Number
of associations

Years

June 30—
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929 .
1930
1931

.
_

-

_
_
. . . .
--




_

22
19
19
20
20
20
20
19
19
20
20
21
24
22
23
23
24
22
22
22
22
24
24

Loans

$13,511,587
14,415,832
14,965,220
16,004, 700
17,398,010
18,582,156
19, 524,065
20,186,662
20,951,089
21, 567, 904
23, 654,000
27,398,000
29,520,000
33,233,000
36,157,000
38,968,000
42,482, 000
46, 781,000
50,940, 000
57,505,000
63,566,000
68,143,000
74, 365, 000

Installments
on shares

$11,996,357
13,213,644
13, 324,217
14,529,977
16,453,044
17,113,899
17,866,337
18,668,808
19,413,266
20, 252, 005
22,463,000
25,373,000
27,593,000
30, 506,000
32,858, 000
35,452, 000
38,653,000
42,794,000
47,887,000
53,738,000
58,916,000
64,480,000
70,244, 000

Aggregate
resources

$14,393,927
15,250,731
16,017,405
17,100,293
18,438,294
19,029,260
20.655,614
21,611,007
22,264,005
23,215,027
25,699,000
29,322,000
31,683,000
34,879,000
37,589,000
40,467,000
43,977,000
48,573,000
43,829,000
59,855,000
65,964,000
71,629,000
77,992,000

REPORT OF THE COMPTROLLER OF THE CURRENCY

143

BUILDING AND LOAN ASSOCIATIONS IN THE UNITED STATES

Statistics relative to all building and loan associations in the United
States have been obtained through the courtesy of the secretary of
the United States Buiiding and Loan League, with headquarters at
Cincinnati, Ohio, and are published in the following statements:
Numher of building and loan associations, total membership and total assets, etc.,
for the year ended in 1980, by States'
i Number
State

1 ofas&o-

! ciatiens
3, 145
791
1,561
227
209
d33
307
398
188
1,150
242
102
67
83
82
154
155
161
73
235
24
92
68
24
74
66
78
63
8
31
40
350
44
36
27
47
41
68
43
29
20
32
23
37
IS
14
9
14
A

Pennsylvania
Ohio
New Jersey
Massachusetts
California
Illinois
Now York
8! Indiana _9. Wisconsin
___
10. Maryland *
11. Missouri
_
12. Louisiana
__.
13. Michigan
14. Nebraska
15. Oklahoma
16. Texas
17. K a n s a s . .
18. Kentucky
19. Washington
20. North Carolina
21. District of Columbia..
22, Virginia
23. Colorado
24. Utah
_
25. Iowa
26. Arkansas
__.
27. Minnesota
28. West Virginia
29. Rhode Island
30. Oregon
_.
31. Alabama
South Carolina *
C onnecticut _ _
34. Maine.
35. Montana.
36. Mississippi
37. Tennessee
38. Florida
39. Delaware
40. New Hampshire
41. North Dakota
42. Wyoming...
43. South Dakota
_..
44. Georgia
45. New Mexico
46. Idaho
47. Arizona
48. Vermont
49. Nevada
1.
2.
3.
4.
5.
6.

Total.

Total assets

Increase in
assets

1, 540, 585 $1, 371, 223, 429 » $28, 776, 571
1 39, 898, 950
2, 583, 7ti7 1,244,266,926
1,198,177
1, 211, 941, 913 60, 438, 950
562, 718,248
19,063, 250
513, 481
S8,294,374
600, 000
510, 520, 490
945, 500
470,073, 267
2-1,649, 950
595, 865
440, 729, 014
18, 587, 734
429, 447
306.870,182
i 5,460,102
304, 861
290, 625, 985
7, 844, 588
330, 600
220, 000, 000
5,000,000
282, 031
210,920, 602
12. 068, 284
200, 930
182, 358, 292 i 8,203, 024
210, 722
167,199,813
6, 094, 556
225, 000
148, 706, 763 1 14,753, 601
1
255, 000
139,804, 195
4, 587
184,760
134, 743,150
i 2,272, 751
210,283 •• 132, 362, 649
175, 901
182,900 i 118.928,259
8,122, 553
298, 844
108, 261, 370
2,944, 412
95, 915
92,192, 374 i 3, 655, 683
75, 253
75,40'i, 000
6,994, 284
66, 730
60,439, 644
1,561,-002
121, 854
60, 034, 372
6,016, 760
95, 263
55, 642, 704
3, 962, 561
05, 343
49, 708, 190
662, 541
72, 717
44, 737, 088
1,135, 722
106, 038
42, 514, 855
3, 092, 436
58, 800
36, 252, 147 i 5, 575. 338
44,480
31. 541, 252
3, 713, 789
52, 000
30. 569, 103
2, 248, 436
41, 340
29, 434, 862
i 836, 318
34, 000 I
27, 000, 000
500, 000
38,000 !
26,166, 906
1, 436, 084
30, 000 I
25, 000, 000
1, 491, 643
45, 163
21, 235, 125 I
867, 295
30, 000 I
20, 462, 096
599, 180
25.100 !
18,31)9.386
2, 866, 554
13, 500 |
17.828,835
i 3, 829, 616
19, 700 |
15; 488, 721
1,457, 674
17, 670 !
13, 703, 0G4
1,066,215
20, GOO
13, 385, 735
2,433, 196
18,400
9, £29, 096 i 1, 292, 790
10,274
6, '650, 585
910, 998
10, 731
6,039, 453
890, 007
5,111,330
5, 350
305, 818
5,639, 876
8, 565
1,164, 878
4, 838, 421
7.250
423, 555
4, 749, 000
fi, 325
682, 575
2,076,372
2. 890
1, 256, 702

11,767 12,336, 754
14,174
19

50. Hawaii.




Total
membership

8,824,110,159
4, 492, 766

128,984,939

11,777 j 12,360,028 ! 8, 828, GIT, 925 128, 964, 939
* Decrease.

2 Estimated.

Increase in
membership
i 109,415
195,142
> 1,823
» 5, 767
162,416
27,500
2,767
120,926
1,454
16, 257
« 3,666
* 1, 950
» 27,638
110,679
13,120
i 1,655
12,400
5,028
« 9,143
3,210
1,730
4,831
i 31,273
922
« 2,554
13,484
i 8,500
2,459
1,000
1
1.160

i.;ooo

5,192
1,000
1,435
500
3,800
i 3,000
200
402
400
1 2, 350
1606
1, 648
303
1,665
550
385
1,530
225,545
225, 545

144

REPORT OF THE COMPTROLLER OF THE CURRENCY
Mortgage loan investments of building and loan associations, by States
Total mortgage loans outstanding
States
1929

1930

$25,634,807
3,968,295
37,965,108
416,802,996
45,117,257
22.752,873
12,062,400
65,163,001
17,074,400
4,457,486
415,190,738
4,001,215
282,837,023
45,081,130
107,956,918
108,611,540
173,887,938
22,048,158
502,637, 271
147,942,994
33,234,090
17,891,290
178,416,924
18,281,801
139,870,118
745,974
12,196,619
1,062,722,473
4,064,291
380,170,540
88,585,047
10,384,000
1,146, 545,352
127,719,842
22, 538,321
1,203,429,788
25,915,049
4,793,245

Increase of
mortgage
loans outstanding
over previous year

Per cent
mortgage
loans to
assets.
1930

$23,628,399 1 $2,006,408
4,223,338
255,043
333,573
38,298,681
437,418,591
20,615, 595
48,083.886
2,966,629
23,885,216
1,132,343
13,336,806
1,274,406
70,894,000
5,730,999
12,494,954
i 4,579,446
771,214
5,228,700
432,685,967
17,495,229
'
4,245,105
243,890
275,644,799
i 7.192,224
45,081,525
395
110,102,244
2,145,326
116,012,235
7,400,695
161,525,736 112,362,202
1,251,842
23,300,000
506,592,629
3,955,358
144,208,587
13,734,407
35,652,466
2,418,376
518,710
18,410,000
6,444,359
184,861,283
18,866,046
584,245
128,154,297 111,715,821
1,686,236
940,262
12,098,813
i 97,806
1,034,435,555
21,713,082
4,381,924
317,633
388, 561,119
8,390, 579
84,166,336
14,418,711
11,863,386
1,479,386
1,094,263,694 152,281,658
126,838,296
i 881,546
24,450,000
1,911,679
1,162,605,163 1 40,824, 625
29,380, 561
3,465, 512
5,350, 585
557,340
15,686,774
CO
119,681,266
1 3, 205,461
41,688,0C0
i 1,028,179
4,472,771
589,478
1,421,815
54,259,081
1 3,571,013
80,293, 571
i 4,772,838
32,181,472
2,348, 889
271,636, 626
i 603, 707
8,801,579
3,930,957
218, 545, 600

80.3
87.3
80.3
85.7
80.1
91.3
86.2
94.0
70.1
86.6
02.1
75.3
89.8
90.7
83.2
97.6
88.6
93.2
90.1
86.3
83.9
90.0
87.7
88.0
86.2
81.2
87.7
89.6
85.7
88.2
91.3
88.7
88.0
89.3
80.0
84.8
93.5
84.3
85.3
88.0
74.9
94.2
89.8
74.2
88.8
93.5
89.5
88.5

7,790,835,171

7,760,163,958
3,870,716

i 30,671,213

88.0
91.6

7,790,835,171

Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
_._
District of ColumbiaFlorida
Georgia
Illinois
Idaho
Indiana
Iowa—
Kansas
Kentucky
Louisiana
Maine
Massachusetts
Michigan
Minnesota
_
•
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico...
New York
North Carolina
North Dakota
Ohio_
Oklahoma
Oregon.Pennsylvania
Rhode Island
South Dakota
Tennessee
_.
Texas
Utah
VermontVirginia
Washington
West Virginia
Wisconsin
Wyoming
Other States

7,764,034,674

i 30,671,213

88.0

122,886,727
42,716,239
3,883,293
52,837,266
83,864, 584
36,954, 310
269, 287,737
9,405,286
230,301, 417

Hawaii
Total.—.
Decrease.




2 Included in other States.

REPORT OF THE COMPTROLLER OF THE CURRENCY

145

Failures of building and loan associations, 1920-1930
|

Total
number
of associations

Number
failed

Estimated
loss

8,633
9,255
10,009
10, 744
11,844
12, 403
12,626
12,804
12,666
12,343
11,777

$2, 519,914,971
2,890,7G4,621
3,342, 530,953
3,942,939,880
4,765,937,197
5, 509,176,154
6,334,103,807
7,178, 562,451
8,016,034,327
8, 695,154,220
8,828, 611,925

2
C
4
9
18
26
12
21
23
159
1190

$506
91, 547
158,674
132,612
398, 245
500,000
380, 725
1,013, 000
568,000
2,312,626
24,676,059

470

1920_
1921.
1922_
1923..
1924_
1925.
19261927 _
1928 _
1929 _
1930.

Total resources

30, 231f 994

Total .

Per CGDt
of loss
to total
resources
0. 00002
.0032
.0047
. 0034
.0084
.0090
.0060
.0141
.0071
. 0266
. 2795

i Located as follows: Arkansas, 1; California, 5; Florida, 1; Illinois, 2; Indiana, 3; Kansas, 1; Maryland, 2;
Michigan, 2; Missouri, 4; Nebraska, 2; Ohio, 5; Oklahoma, 4; Pennsylvania, 153; Texas, 4; and Wisconsin,.!.

MONEY IN THE UNITED STATES

Statements showing the stock of money in the United States in the
years ended June 30, 1914 to 1931; the classification of money in
circulation June 30, 1931; and imports and exports of merchandise,
gold, and silver in the calendar years 1914 to 1930, and the nine
months ended September 30, 1931, follows
Stock of money in the United States, in the Treasury, in reporting banks, in Federal
reserve banks, and in general circulation, years ended June .30, 1914 t° 1980

Year ended
June 30—

1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931

In general circulation, exHeld b y or for
clusive of amounts held
Coin and other
Coin and other
| Coin and money in Treas- money in report- Federal reserve
by reporting banks,
other
Federal reserve bank?,
banks and agents
ury as assets 1
ing banks 2
money
and Treasury
in the
United
States
Per
Per
Per
Per
Per
Amount
Amount
Amount
Amount
cent
cent
cent
cent
capita
Millions
3, 797. 8
4, 050. 8
4, 541. 7
5. 678. 8
6,906. 2
7,688. 4
8,158. 5
8,174. 5
8, 276.1
8. 702. 8
8, 846. 5
8,299.4
8, 429. 0
8, 667. 3
8,118.1
8, 538.8
8,306. 6
9,079.6

Millions
338. 4
348. 2
290.1
26!). 7
363. 5
.585.1
490. 7
463. 6
400.1
386. 5
359.4
363.9
MX 2
3r0. 9
351. 3
373.1
24-7. 2
254. 9

8.91
8.60
6.59
4.75
5.27
7.61
6.01
5. 07
4.91
4.44
4. 06
4.38
4.19
4.05
4.33
4.37
2. 98
2.81

Millions
1,630. 0
1,447.91,472. 2
1,487. 3
882.7
981. 3
1,047.3
920. 3
814. 0
777.1
900.8
938.3
975. 2
985.1
866. 5
799.1
853. 8
86.3. 5

Millions
42. 02
35.74
32.41
26.19
12.78
12.76
12.84
11.33
9.84
8.93
10.18
11.30
11. 57
11.36
10.67
9.36
10.28
9.53

383.0
593.3
1,342. 7
2,061. 0
2, 226. 7
2,200. 2
2,799. 9
3,406. 8
3,493.0
3,637. 8
3,120. 3
3,190. 5
3,465. 1
2,970. 2
3,419. 4
3, 537. 3
4,002. 7

9. 45
13. 06
23. 64
29. 84
28.96
26. 07
34. 25
41.16
40.14
41.12
37. 63
37. 85
39.98
36. 59
40.04
42.58
44.08

Millions
1.829. 4
1J871.7
2,177.1
2, 579.1
3, 599.0
3,895. 3
4, 420. 3
3,984. 7
3,649. 2
4,046.2
3,948.5
3.876. 9
3; 910.1
3,866. 2
3 ; 930. 1
3,947.2
3, 668. 2
3,956. 5

48.17
46.21
47.94
45. 42
52.11
50. 67
54.18
48.75
44.09
46.49
44.64
46.69
46. 39
44.61
48.41
46. 23
44.16
43. 58

18.46
18.56
21.24
24.74
33. 97
36. 67
41.50
36.71
33.18
36.20
34. 69
33.58
33.3£
32.57
32.72
32. 47
29. 76
31.87

1 Public money in national-Lank depositories to t h e credit of the Treasurer of t h e United States cot
included.
2 M o n e y in b a n k s of island possessions not included.
N O T E . — P o p u l a t i o n estimated a t 111,783,474 in 1923; 113,818,432 in 1924; 115,469,094 in 1925; 117,227,000in
1926; 118,719,000 in 1927; 120,104,000 in 1928; 121,546,198 in 1929; 123,250,000 in 1930, and 124,135,800 in 1931.




Circulation statement of United States money June SO, 1931
Money held in the Treasury

Kind of money

Total amount
Total

Gold coin and bullion
Gold certificates
_
Standard silver dollars
Silver certificates
Treasury notes of 1890
Subsidiary silver
Minor coin
United States notes..
_.
Federal reserve notes
Federal reserve bank notes.
National bank notes

Amount
Reserve
held in trust
against
against gold
United
and silver
States
certificates notes (and
(and Treas- Treasury
ury notes
notes of
of 1890)

Money outside of the Treasury
In circulation a

Held for
Federal
reserve
banks and
agents

All other
money

Total

Held by
Federal
reserve
banks and
agents *

Amount

Per
capita3

<$4, 955, 921, 258 $3, 696,078,099 $1,701, 514, 389 $156,039,088 $1,776,690,378 $61,835,014 $1, 259,842,230 $896,822,030 $363,020,200
Hl,701,514,389)
i; 701,514,389! 705,004,841 996, 509, 548
41,461,046
34,326,038
539, 958,327
7,135,008
3,"908,"505
498,497,281 494,588,776
5
493,349,026
377,148,924
(493, 349,026)
116,200,102
1,239,750
1,239,750
* (1, 239, 750)
308, G19, 365
29,779,482
273,147,018
5,692,865
5,692,865 302,926,500
122,279,980
126,887,033j
4,607,053
117,393,016
4,607,053
4,886,964
346, 681,016
3,523,480
3,523,480 343,157,536
43,730,245i 299,427,291
1,402,130
2,101, 578,450
1,402,130 2,100,176,320
391,747,538 1, 708,428, 782
2,931,475
42,487
2, 973,962
2,929, 378
42,487
2,097
17,890, 685
697,004,446
648, 363, 353
17,890, 685 679,113,761
30,750,408

Total June 30,1931.
Comparative totals:
May 31,1931
June 30,1930 8 . . .
Oct. 31,1920
Mar. 31,1917
June 30, 1914
Jan. 1, 1879




9,079, 623, 698| 6 4, 227, 734,850 2,196,103,105 1.50, 039,088] 1, 776,690, 378J ? 98,902,219 7,047,992,013 2,226,058, 715 4,821,933,898
8,782,098,264
8, 306, 564, 064
8,479,620, 824
6, 396, 596, 677
3, 797,825,099
1, 007, 084, 483!

6 4,199,237,014 2,192, 766,980
6 4,021,936,703 1,978,447,640
6 2,436,864, 530 718, 674, 378
B 2, 952, 020,318 2,681,691,072
6 1, 845, 560, 80-1 1, 507,178, 879
« 212, 420,402
21, 602, 640

156,039,088] 1,760,532,278 89,898,668
156,039,088| 1, 796, 239,235 91,210,800
152,979,0261 1,212,360,791 352,850, 336
117,350,216
152,979,020
150,000,000
__ 188,390,925
t\r\
en »^
90,817, ^firt
702
100,000,000

Population
of continental
United
States
(estimated) 8

W

$2.93
8.03
.28
3.04
.01
2.20
.95
2.41
13.77
.02
5.22

o
o

38.86 124,076, 000

6,775, 628,230 2,073,352,798 4,702,275,432 37.92
6,263,074,941 1,741,086,979 4, 521, 987, 962 36.71
6, 761,430, 672 1,063,216,0605, 698,214, 612 53.21
5,126,267,436: 953,321,522 4,172,945,914 40.23
3,459,434,174 34.93
3,459,434,174'.
816, 266, 721 16.92
816,260, 721 • _

124,002,250
123,191,000
107, 096,005
103, 716,000
99,027,000
48,231,000

J-3

H
SI

o

g

3

1 Includes money held by the Cuban apcney of the Federal Reserve Bank of Atlanta.
2
Thft money in circulation includes any paper currency held outside the continental limits of tiiu United. Kta/°s.
a Revised on the basis of 11)30 census.
Docs not include gold bullion or foreign coin other than that held by the Treasury, Federal reserve banks, :*'i*i Fedora! reserve agents. Gold held by Federal reserve banks
under earmark for foreign account is excluded, and gold held abroad for Federal reserve banks is included.
« Thoso amounts arc not included in the total, since the money held in trust against gold and silver ccrtifk-if es. and Treasury notes of 1S«K) is included under gold coin and bullion
and G
standard si 1 ver dollars, respectively.
The amount of money held in trust against gold and silver certificates and Treasury notes of J.S90 should be deducted from this total before combining it with total money outside of the Treasury to arrive at the stock of money in the I'uited States.
< This total includes $.50,166,138 gold deposited for the redemption of Federal reserve notes ($l,]:J(J,730ini)rociiysofre(Iemptioi0,$iJ0f4irif;i2;il:iwfiil money deposited for the redemption of national bank notes ($17,859,975 in process of redemption, including notes chargeable to the rei [foment; fund), $1,850 lawful money deposited for the retirement of additional
circulation (act of May 30,1908), and $11,820,948 lawful money deposited as a reserve for postal savings deposits.
8
lievised
figures.
4




id
W
T3
2
£a
"

Q
O

a
cj

148

REPORT OF THE COMPTROLLER OF THE CURRENCY

Imports and exports of merchandise, calendar years 1914 to 1930, inclusive, and
from January 1 to September 30, 1931
Imports of
merchandise
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
_
1924
.
1925
1926
1927
1928
1929
1930.
1931 (9 months)

_

_

$1,324,348,049
1,776,074,152
3,091,005,766
3,273,789,699
3,117,937,230
4,016,061,058
2,949,534,817
1,975,833,786
719,030,636
375,427,117
981,021,266
683,258,248
377,772,000
680,633,000
1,036,912,000
841,634,000
782,273,000
1223,228,000

88,389,085,161

28,225,823,824

_

_

Excess of
exports over
imports

$1,789,276,001 $3,113,624,050
1,778,596,695 3,554,670,847
5,482,641,101
2,391,635,335
6,226,255,654
2,952,465,955
3,031,304,721 6,149, 241,951
3,904,364,932 7,920,425,990
. - 5,278,481,490 8,228,016,307
4, 485, 031,356
2,509,147,570
3,112,746,833 3,831,777,469
3, 792,065, 963 4,167, 494,080
3,609,962, 579 4,590,983,845
4, 226, 589,263 4,909,847, 511
4,808,660,000
4,430,888,000
4,865,375,000
- . . 4,184,742,000
5,128, 356,000
4, 091,444,000
5,240,995,000
- 4, 399,361,000
3,843,181,000
3, 060,908,000
i 1,619,281, 000 1 1,842, 509,000

_

_

—_

Exports of
merchandise

_

_—
_
_--

60,163,261,337

Total 17 years and 9 months
i Preliminary, subject to correction.

Gold and silver imports and exports in periods indicated
GOLD

Imports

1914
1915
1916
1917—
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931 (9 months)

. .

Exports

Excess of
exports over
imports

$57,387,741
451,954, 590
685,990,234
552,454, 374
62,042,748
76, 534,046
417,068,273
691,248,297
275,169,785
322,715,812
319, 720,918
128,273,172
213, 504, 000
207 535 000
168,897,000
291, 649, 000
396,054, 000
367, 217, 000

_

Total, 17 years and 9 months

$165,228,415

5,685,415,990

.

$222,616,156
31,425,918
155,792,927
371,883,884
41,069,818
368,185,248
322,091, 208
23,891, 377
36,874, 894
28,643,417
61,648, 313
262,639,790
115,708, 000
201 455 000
560, 760, 000
116, 583, 000
115,967, 000
30, 545, 000
3,067,780,950

983,109,235

291,651,202

134,366,618
391,863,000

Excess of
imports over
exports

$420,528,672
530,197,307
180,570,490
20,972,930
94,977,065
667,356,920
238,294,891
294,072,395
258,072,605
97,796,000
6 080 000
175,066,000
280,087,000
336,672,000
3,600,744,275

SILVER
1914
1915
1916
1917
__.
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931 (9 months) _

$25,959,187
34,483,954
32,263, 289
53,340,477
71,375,699
89,410,018
88,060,041
63,242,671
70,806,653
74,453, 530
73,944,902
64.595, 418
69.596, 000
55,074, 000
68,117, 000
63,940,000
42, 761, 000
20, 728, 000

Total, 17 years and 9 months




1,062,151,839

I

$51, 603,060
53, 598,884
70, 595, 037
84,130,876
252,846,464
239,021, 051
113,616,224
51,575, 399
62,807, 286
72,468,789
109,891, 033
99,127, 585
92,258, 000
75,625,000
87,382,000
83,407, 000
54,157, 000
21,225, 000
1,675,335,688

$25,643,873
19,114,930
38,331,748
30,790,399
181,470, 765
149,611,033
25,556,183
$11,667,272
7,999,367
1,984,741
35,946,131
34,532,167
22,662,000
20,551, 000
19,265,000
19,467,000
11,396, 000
497,000
634,835,229

21,651,380

MONETARY STOCK OF PRINCIPAL COUNTRIES OF THE WORLD

The following statement, furnished by the Mint Bureau, shows the monetary stock of the principal countries of
the world at the end of the calendar years 1929 and 1930:
Monetary stock of principal countries of the world, end of calendar year 1929
[The following compilations have been made from such data as are available. The amount of gold and silver in circulation in many countries is not obtainable, and in some
countries that held by private banks can not bo given.
For the I'niled States the figures given cover all domestic gold and silver coin, but only such bullion and foreign coins as owned by the Government and Federal reserve banLs,
All foreign coin which comes into possession of the Government is converted into bullion.
Population figures are principally from United Slates Commerce Yearbook, 1930.]
[stated in United States money (000 omitted), except paper circulation, which is stated in monetary unit of issuing country (000 omitted)]

Country

Monetary
standard

Xorth America:
United States
Gold
Canada
. do .
Mexico
do
British Honduras
do
Costa Rica
._
do
Cuba
..do.
Dominican Kepublic
Guatemala
do
Haiti
do
Honduras
do
Ne wfoui ulland
do
Nicaragua. do.
Panama
do
Salvador
do
Virgin Islands
„. ___do
See footnotes at end of table.




o

nauth<
Authenticated statistics I - or est mticaieu
uiiates

Xame

Dollar... ...
do
I'eso
Dollar
Colon.
Peso
Dollar
Quetzal
(iourde
Lempira
Dollar .
Cordoba
"Balboa
Colon . .
Franc.

Silver
stock in
United
banks and
States
Outside Total gold treasuries
equiva- In central Total aubanks and
stock
lent
banks or thenticated Tn banks governgovernment gold holdment
treasuries 3
0 ings «
treasuries 3S

$1.00
1.00
. 4985
1.00
.25
1.00
1.00
1.00
. 50
1.00
1.00
1.00
.50
. 193

$3,900,160
77,62fi
10,974

$3,915,433
a
124,478
16,974

11,160

$24,000

12,792

7, 790

$344,490 • $4, 283, 923
124,478
24,704

14
2,167

4,984

2,167

4, 984
82

22,027
129
502
128
50
1,000

H
Per capita

Gold stock

Monetary unit

O

221
20

6 16
9

14
34,819
129
2,890
128
70
« 1,000
10
4,984
91

3

$855,498
* ^ 2s, 638
133,144
6 202
156
4
8 , 631
284
1,512
16
500
6 2,300
529
io 175
*93

Paper circulation,
in monetary unit
of issuing
country

Population
Gold

Silver

Paper
50
O

4, 024, 525
337, 97!*
2,721

8,361
9,436
1,200
» 185
6,152
14,510
" 209

122,275
9, 935
10,404
51
516
3,714
1,200
2, 104

2, 550
800
276
750
467
1,438
21

$35. 03
12.53
J.51
.02
9. 34
. 11
1.33
. 05
.08
3.62
3.47
4.33

$7. 00
2. 88
8. 11
3. 96
.30
2.32
.24
. 69
.01
.58
8.33
.71
.37
4.43

32.91
34.01
. 17
9.82
34. 05
3." 84
3. 77
1.40
.67
8.20

w
o
rj

a

10.09
9.95

CO

Monetary stocjc of principal countries of the world, end of calendar year 1929—Continued
[Stated in United States money (000 omitted), except paper circulation, which is stated in monetary unit of issuing country (000 omitted)]
Monetary unit

Country

Monetary
standard

North America—Con.
British West IndiesBarbados
Gold
Jamaica
'...do
Trinidad •
|___do
Dutch West Indies
do
French West IndiesGuadeloupe.
..do
Martinique.
..do
South America:
_do
Argentina
Bolivia
_do
Brazil_...
.do
Chile.
_do
Colombia
!-..do
Ecuador
'.__do
Guiana—
I
British6
!—do
Dutch
;.-_do
French
___do
Paraguay
I.-.do
Peru
!--_do
Uruguay
i.__do
Venezuela
l-.-do
Euro]>e:
|
Albania
_._;-__do
Austria
(...do
Belgium-.
...do
Bulgaria
...do
Czechoslovakia
.—do
Danzig
-__do




Per capita

Gold stock
Authenticated statistics Unauthenticated
or estimates

Silver
stock in
United
banks and
States
Outside Total sold treasuries
equiva- In central Total aubanks and
stock
banks or thenticated In banks governlent
government gold holdment
treastreasuries 3°
ings 31
uries 3
2

Name

Paper circulation,
in monetary unit
of issuing
country

g
Population
Gold

Silver

Paper

W
O
O

! Pound
do
do
; Guilder

i Franc

I $1.8665
I 4.8065
:

do
• Peso2?
Boliviano
'-• Milreis
: Peso
do
• Sucre
J
I
' Dollar.
: Guilder
!
Franc
j Peso
: Pound
Peso
; Bolivar
i
. Franc
_.
Schilling
i Belga.
j Lev..
: Krone
; Gulden

4.8660
.402

$10
$1,696 I

$1,743
296 I
20 •

.0392
. 0392
.9648
. 3650
12.5162
.1217
.9733
.2000

433,816
4,978
150,138
7,695
21,774
1,114

444,429
4,978
150,138
7,695
23,932
1,114

1.-0138
.4020
. 0392

. 9618
4.8665
1. 0342
. 1930
. 1930
.1407
. 1390
. 0072
. 029f "
>
. 1947

1, 460

682 !
18,668
68,205

18, 668
68,638

6 827
11,923

374
23, 727
1 163,332
9,997
l 37, 249
2

374
23,727
11(33,332
9,997
l 37,338
•"-

2

24

296
20

122
~~22

86

$16
1,743

* 951
< 1,044
278

444,429
4,978
150, 138
9,277
23,932
1,136
86
93
682
19,495
68, 638
11,923
540
23, 727
163,332
9,997
37, MS
2

3 2,813
3 M l , 773
*900
*205
334
6 194
4
0

7, 970
5, 171
9,000
6 61
3

316

»<3 2 8 3
1,224
1 I, 200
*1,947

1
393
26 2,066
5,992
42,457
46,709
1,247, 000
42, 526
3,394, 980
365, 806
47,070
29, 977

164
994 '
397
236
11,471 !
2,973 I
40,273
4,287
7,851
2,533

1, 799
1,701
11, 272
206,250
6, 523
71, 340
43, 200

310
153
47
844
6,237
1,903
3,250

11, 536
1,094,362
2,835,000
3, 608, 643
8,229,512
37, 797

834
6,713
8,129
5, 944
14, 726
409

$0.03
25.63
1.25
.09

$0. 96
2.63
4.09

0.40
5.33
88.12

.10

179.88
204.86

38.75 !
1.67 '
2.16
3.04
.44
.56"
2.00
.81
3.12
36. 07
3.66
.64
3. 53
20.09
1.68
2. 54

I

.65
1.50
.35
.66
2.18
4.12
1.27"
2. 7L
2.77
.07
. 05
.03
.21
.08
4. 76

108.71
14.34
84. 29
85.33
5.45
11.83
5.84
11.11
239.83
244. 37
1.04
37.48

.13.30

13.83
163.02
348.75
607.11
505. 70
92. 41

o

3
3

2d

o

Denmark
Estonia
Finland
France13--Germany
Gibraltar
_ _. _
Great Britain and
Irish Free State
Greece
Hungary
Iceland
Italy
Latvia
Lithuania
A'lalta and Gozo
J etheriands
N

tin

. - - do
do
;-..do
....do
do
do
. do
_. do
do
do

do
do

do
Norway
Poland
-_.do
Portugal
_ do
Rumania
Russia (Soviet union)
do
Spain
Sweden
. do
Switzerland
_._do
do
Yugoslavia
Asia:
British North Borneo ...do
Ceylon
_ _...do __
Silver
China ^
Cyprus Island
x
Fed. Malay States...
?io_7"
India, British
do
Indo-China, French _ Silver _.
Iraq (Mesopotamia)
J a p a n , including GoldChosen, Taiwan,
Kwantung.
Netherland East Indies.
Palestine
do
Persia 21
Silver
Philippine Islands.. . Gold.....
Sarawak
do
Siam
' do
Straits Settlements....: ...do
Syria
do
Turkey
-do
See footnotes at end of table.




Krone.
Kroon
Mark
Franc
Reichsmark.
Pound

. 2GS0
. 2080
. 0252
. 0392
. 2382
4.8065

40, 204
1,717
7, COS
1,033,402
1
543,838

46,204
1,717
7,008
1,033,402
i 559, 533

46,204
1,717
7, 608
1,033,402
559, 533

do
Drachma
Pengo
Kronu „.. .
Lira
Lat
Litas
Pound
F l o r i n or
guilder.
Krone
Zloty
Escudo
Leu
Chervonetz.
Peseta
Krona
Franc. .
Dinar

4.8665
.0130
1749
. 2080
.0520
.1930
.1000
4 8005
.4020

2 711,072
8,312

711,303
8,312
28,405
002
273,147
14,612
i 3, 508

711,303
8,312
28,405
602
273,147
4, 012
27 3, 508

.2680
.1122
1.0805
.0000
5.1157
. 1930
. 2080
. 1030
.1930

39,303
i 78, 598
9,270
155,112
147,019
495,148
65, 596
1114,832
18,426

39,303
i 78, 51)8
9,276
i 55 112
147.019
49o| 148
u5,790
M14.K32
18,426

. 5078
. 3050

12

12

1128,204

1128, 204

. 3650
.4985

542,475

542,475

10,000
542,475

.4020

56,067

56,067

56,067

Straits dollar
Rupee
Dollar
Pound
Straits dollar
Rupee
Piaster _ .
Rupee
Yen. .
Guilder
Pound
Kran
Peso.
_.
Straits dollar
Bahtortical.
Dollar
Pound (Syrian) .
Lira (pound)

1

273,147
i 4,012
i 3, 508
179.881

1

4

13.04
1. 54
2.09
39. 50
8.73

.30 103.74
.14
30. 53
.01
374.41
.21 1,656.32
3.45
87.70
7.22

260,000
6 60
4
1,902

413,044
5,193,264
500, 599
9,841
10,854,337
82,978
94,829

46,189
0, 394
8,684
106
41,145
1,900
2,307
233
7,920

15.40
1.30
3.28
5. 08
6.62
2.43
1.50

5.62
.01
.22

6, 007

1
23,100

1,822
4
15,140
1
44
if>17,810
135,851
605
6,716
96

317,700
1,404,053
2, 045, 536
21,144,156
153, 697
4,457, 097
569,129
999, .185
5,817,966

2,810 10.14
31,104
2.52
6,661
1.39
18,320 I 3.05
101,000 | .95
22,602 21.91
6,142
10.71
4,067 33.93
13,930
1.32

.11
0.01
.11
1.05
.04

57
4
12,985
102, 584
•760
211
4
1,397, 597
18, 851
4
25, 000
4
224,983

1,613
55, 344
270,067
397
6,682
1,784,844
146,177

298
5, 536 :
462,387!
353
.82
1, 705
351, 500
21, 262
3.03
3,300
6.00
90,395

.19
2.34
.35
2.17
.12
3.97
.89
7.57
2.49

19.63

.92

2.71

5.46

.28

1.82
4.84
1.56

1.98
16.47
8.31
2.93
9. 58
89.22
3.00

12
292

292
128,204

"10.000

4

4

3,441

1,598

1,633

i
0, 740

1:

15,080

1,633
22,426

60,731

1,880
164,710
101,957
221,393
110,218
104,297
i7
8,500

10,000
12,200
475
11,506
1,109
2,850

158,749

13,850

71, 701
2 1 , 573
" 3,136

4
i

1,771,429
331,721

4
6

861,796

1,728
48, 427
19,101

4

3,441

(15)

164,760
4

(19)

3,011

8.94
812.21
57. 05
92. 84
409. (53
43. 07
40.00

45, 370
78, 598
9, 270
55,112
147,019
495,148
05,790
137,992
18,426

4

4.8665

4.3965

3,542
1,117
3, 634
41,400
64,036
18

1.79,881

179,881

(19)

. 5000
5078
.4424
. 5078
3.859

367,456
34,042
1,360,600
68,570,806
5,620,267
"130

80,488
5,790
•1,500
3 170
4
48,692

(IB)

4 8(365
. 5078
. 3050

4

1,053
157
6 22
8, 075
218,064

22.71

1.39

7.87

3.04
.03
.73
0.14
.05
.48

6.23
18.45
1.10

108.81.
113.00
45.18
307.09
1,153.78
.95
197.21
92. 00
245. 08
417,05
5.41
10.00
.58
1.12
3.92
5.07
6.88

11.46

Monetary stock of principal countries of the world, end of calendar year 1929—Continued

at
to

[Stated in United States money (000 omitted), except paper circulation, which is stated in monetary unit of issuing country (000 omitted)]
Monetary unit

Country

Monetary
standard

Africa:
Algeria
Gold
B elgian C ongo
...do.--.
do
Egypt
-Eritrea
Silver
Ethiopia (Abyssinia) _
French Equatorial Gold
Africa.
French West Africa. . do
do
Gambia
Gold Coast
do
Kenya and Uganda23 - do

1

A nthenticated statistics Unauthenticated
or estimates

Name

Franc
do
Pound
Thalari
do

Franc

Pound
do
Shilling
do
Franc
2i
Mauritius
Rupee
do
Franc
Morocco
Pound
do
Nigeria
do .
do
Nyasaland
Portuguese East Af- ...do..... Escudo
rica.
A ngolar
Portuguese West Afdo
rica.
Reunion Island
Franc
do
Rhodesia—
Northern
do
Pound
do
do
Southern
Sierra Leone
do




Per capita

Gold stock

Paper cirSilver
culation,
stock in in moneUnited
banks and tary unit
States
Outside Total gold treasuries of issuing
equiva- In central Total austock
banksand
country
lent
banks or thenticated In banks government
government gold holdtreastreasuries 3° ings 3*
uries *a

$0. 0392
.0278
4.9431

™ $8, 790
1,041
18, 789

$8, 790
1,041
IS, 789

si $8, 790
1,041
18, 789

(19)
(10)

.0392
.0392
4 8665
4 8665
.2433
3092
.3650
.0392
4 8665
4. 8665
1 0805

e $28, 231
6 1,692
* 20,164

2, 580

800,000
23 606, 099

6, 255
10,000
14,493
450
10,000
3,130

77,529

20, 505

2, 580

2,580
$252
6 438

$49

4

301
438

4

6

4

1,743
3, 010
1, 240
1, 669

.0392

211

4. 8665

4

4.8665

6

15

64
647

24

88
G47

4

Gold

3

Silver

14,267
201
2,983
6,414
3,853
373
5,000
19,409
1,396
3,701

$1.41
.10
1.30

$1. 94
3 76
2.02

2,600

588,209
202
1,944
28,100
263, 785
14,653
603, 878
202

512

46,690

916
2, 677

1,344
1,108
1,541

3. 19
.52
.21
.11

4.67
.60
.06
1.19

320.17
18. 36
1.95

39.12
1.00
.65
4.38
68.46
39.28
120. 77
.01
20.94

2. 94
.06
.58

a
o

80.00
193.64

19.69

174

80
996

Paper

W

51,208

4

1 0805

4.K«R5

2, 002, 6&i
183,632
28,300

Population

268.33

.68
2.41

.06

.02

.03

.90

W
a

w
w

fed

o
j

Somaliland—
British 6
French

Uupee
Franc
Lira

do
do
do

Sudan, A nglo-E gyp-

tian

do
Tanganyika
Tunis
do
do
Union of South AfricaZanzibar
do
Oceania:
do
Australia
New Zealand.
...do
Fiii Tslnnds
do
Society Islands
do
New Guinea, British. ...do
Total
1

Pound
Shilling

Franc _

Pound
"Rupee
.

Pound
do
do

Franc
Pound

!

.3650
.0392
. 0526
4.9431
. 2433
.0392
4.8665
. 3650
4.8665
4.8665
4.8665
. 0302
4.8(505

1,863
18

20

20

3(5,474

43,714

88,884
2 31,978
431

88,884
31,978
43 L

10,444,284

4 8,808
4 3,592

20, 547

75,874

415, 938
374

109,431
31,978
431

32,1(50

11,692
4,866
4 401

13

13
10,290,608

Tn part held abroad either reported as earmarked (set aside mid nut included in
the claimed assets of the holding institution, as opposed to being merely deposited
abroad or representing a receivable balance) or considered to be earmarked by U. S.
Federal Reserve Board experts.
2
Includes some silver.
3 Includes base metal coin.
4 Estimated silver circulation included,
a Includes some gold.
6 Prior year's figures.
< United States bank notes.
'b
United States Government notes.
(
J Exclusive of Canadian bank notes which are the principal circulating media.
10
Panama coin only. In addition to this, there is circulating an unknown amount
of 11
silver.
United States currency.
12
Equivalent of old milreis; value of paper currency fixed at 4.507 paper milreis to the
gold milreis ($0.1190) for payment of public dues.
is On Dec. 27.
14
Exclusive- of Spanish bank notes and British treasury notes.




4 401
191

76,498
1S

454, 529

7

10,975,311

4,191,989

476
4,410
2,000

345
65
1,000

21,094
500,000
6,980
2,967

5,580
4,825
2,300
8,014
235

27,115
7,340
412
12,501
(25)

1.16
2.94
1.86
1.57
.76
9.4(5

1.98
1. 59

6,476
1,506
180
36
201

10.89
21.23
2.39

1.80
3.23
2.23

.IK)
5.55

4.37
217.40
.87
12.63

.U4

1,9(58,906

1.38
67.85
2.00

2.12

4. 18
4.87
2.29
347. 25

British, currency
" Includes platinum.
i' Estimate.
18
Incomplete.
i» Fluctuates with the price of silver.
20 Monetary standard not established.
2 Mar. 21, 1930 (end of Persian year).
1
i2
Sarawak coin and notes. Straits coin and notes also circulate.
23 June 30, 1929.
24 May, 1930.
« Australian notes.
28 In Trinidad dollars.
'* Almost the entire amount held abroad.
-* Paper x^eso currency legally convertible at 44 per cent of face value.
29
Including some gold and probably late metal coin.
i0
From United States mint interrogatories and/or published official sources.
31 Includes, in addition to holdings of central banks and governments, holdings of
other banks where authenticated.
32 Data known to be incomplete.

s-3
W

o
c
g

£0

w
o

Ox
CO

Monetary stock of principal countries of the world, end of calendar year 1930 {subject to revision)
[Stated in United States money (000 omitted), except paper circulation, which is stated in monetary unit of issuing country (000 omitted)]
Monetary unit

Gold stock

Per capita

!

Authenticated statistics Unauthenticated
Country

Monetary
standard

North America:
Unitod States
Canada
Mexico
._.
British Honduras. __
Costa Rica
Cuba
Dominican Republic.
Guatemala
Haiti..

statistics

Xame

Gold.... Dollar
...do
do
Peso
do
Dollar
...do.
Colon.. .
...do
Peso
Dollar
Quetzal
Gourde...do
do
Lempira
Honduras
Newfoundland
_._do
Dollar
do
Nicaragua
Cordoba
...do.
Balboa
Panama
Salvador
—do
Colon
Virgin Islands . .__
do
Franc
British West IndiesBarbados.
do
Pound
Jamaica
...do
. . . . do
Trinidad 9
...do
do
French West Indies 1 —
4
Guadeloupe
...do- . Franc _do
M artiniq ue.
Netherland West Indies
_. —do.
Guilder
South America:
___do
Argentina
Peso"
Bolivia
_
_. . . . d o . . . . . Boliviano __
_do_
Brazil
Milrcislfi.
Chile.__
do
Peso
Colombia
...do
do




Silver
stock in
United
banks and
States
: Outside Total gold treasuries
equiva- In central Total aubanksand
stock
lent
banks or thenticated
governgovernment gold hold- In b a n k s ment
ings 2
treasuries1
treasuries 8

$1.00
* $4,225,109 $4,239,197
1.00
109, 843
148, 660
. 4985
4, 543
4, 543
1.00
.25
3, 925
1.00
3, 925
1.00
1.00
2, 674
2, 674
.20
50
1.00
1 00
1.00
.50
3,202
3,202
193

$20,000 $334, 291
« 8, 586
13, 489
26 ''
2, 650
130

8

17,211

157
20
1,000

$4, 593, 488
157, 246
18, 032
26
23,786
130
2,674
157
20
1,000

81

2

6

10

16

.0392
.0392

345
486

156
« 8, 413
288
6 9 1,512
13
6 1, 250
9
2, 300
9 529
H300

3,202
S3

4.8665
4.8665
4. 8665

$851,665
« 28, 881
136, 348

6

.402
. 9648
. 365
. 5462
. 1217
.9733

345
486

420,097
1,014
10,531.
7, 495
18,968

1.3J 5
1,411

487

0

8
6, 541
8,409
920
10 80
9 6,152
(12)

66

8 803
1,044
9

4, 083, 847
304,481
2,834
483
15,348

24

10,716
192

Population
Gold

122, 275
9.935
16,404
51
516
3,714
1,200
2,164
2,550
860
276
750
467
1,438
21

Silver

$37. 56
15.82
1.10

$6.96
2.91
8.31
3.96
.30
2.27
.24
.70
.01
1. 45
8.33
.70
64

.05
6.40
. 11
1.24
.06
.02
3.62
2.22
3.95

Paper

33.39
30. 64
.17
9.47
29.74
3.02
3.30
1.07
.29
8.20

3.14

7.45
9.14

389
2,0(56

164
994
397

.04

.81
2.62

.39
5.20

44,900
47,600

236
228

1.46
2.13

.10

133.63
208.77

3.54

13

241

3,355

68

25.79

420, 097
2, 329
24
JO, 531
6
9, 393
2,813
18,968 6 1M1.369

1,260,700
32, 227
2,843, 706
254, 264
35, 333

] 1,471
2,973
40, 273
4,287
7, 851

36.62
.79
.25
2.19
2.42

1,754

1 754
412,031
1,014
10, 531
7, 495
17, 014

6

Paper circulation,
in monetary unit
of issuing
country

.01
.65
1.45

49.34
109.90
10.83
70.61
59.31
45. 01

Ecuador
. do .
Guiana—
Britishy .
do
Dutch
do
French
do
Paraguay 9
i ...do
Peru
do
Uruguay.-- - ._ _.
do
Venezuela ° . .
. do
Europe:
Albania
do
Austria
do
Belgium..
..do
do
Bulgaria.
Czechoslovakia
...do .
Danzig
do
Denmark
do
Estonia
do
Finland
._ do .
Franco 15
...do
do
German v._
Gibraltar
do
Great Britain
do
Greece
do
Hungary
do
Iceland
do
Irish Free State
_ do
Italy
—do
Latvia
. do
Lithuania
. __. ...do
Malta and Gozo
do
Netherlands
—do
Norway
do
Poland
do
Po r tugal
do
Rumaniado
Russia (Soviet Union)
do
Spain
do
Sweden __
do
Switzerland . . .
—do -.
Yugoslavia
...do
Asia:
British North Borneo
do
Cevlon
. do
China 2:3
Silver
Cyprus Island
Gold...
Federated
Malay - - d o
States.
India, British
...do
Indo-China, French.. —do
See footnotes at end of table.




Sucre

.2000

Dollar
Guilder
Franc
Peso
Sol
Peso
Bolivar
Franc
Schilling. . .
Belga
Lev
Krone
Gulden
Krone
Kroon
Mark
Franc
Reichsmark.
Pound
do
Drachma
Pengo
Kronu
Pound ._Lira
Lat
Litas
Pound
Florin
Krone
Zloty>_.
Escudo
Leu
Chcrvonetz
Peseta
Krone _ ._
Franc
Dinar

.193
.1407
.1390
.0072
. 0296
.1947
.2680
.2680
. 0252
. 0392
. 2382
4. 8065
4. 8665
.0130
.1749
. 2680
4. 8665
. 0526
.1930
.1000
4.8665
.4020
.2680
.1122
1. 0805
.0060
5.1457
.1930
.2680
.1930
.1930

1,131

1.0138
.4020
.0392
. 9048
.4000
1. 0342
.193

Dollar
Rupee
Dollar
Pound
Dollar
Rupee
Piaster

682
17, 507
00, 447
4
375
30,108
•'' 190, 754
10,475
4
45. 765

23
46,096
1, 758
7,591
2,105, 303
4
527. 799
4

4

718,422
4
6, 030
28,448

682
17 507
60,447
375
30,108
190,754
10,475
45, 705
23
40, 09G
1,758
7,591
2,105, 363
527. 799

41
11,923

187

15,095

261
278, 610
4, 646
3,938

171, 301
39, 242
4
63,084
9,267
4
55, 653
248,883
470, 531
64,543
4
137, 594
19,025

171,301
39,242
63,084
9,267
55, 653
248, 883
470, 743
64, 741
137, 594
19, 025

8

8

(24)

4,8065
. 5078

6,075

14
,
i
1

I

128,289

128,289

28,950

!

292

< 1,139
5

23,491

2,533

6 205
334
2 194

1,344
1, 701
11,120
206, 250
64, 035
74,116
43, 200

310
153
47
844

7,097
o 5, 688
9,000

12, 925
1, 090, 070
3, 306, 422
17 1, 095
3,295,514
6 C, 056
7,823, 691
c
1,947
37, 948
360, 200
1,447
464
32, 234
1, 279, 351
17 23, 034 78, 937, 582
« 229, 843
5, 399, 814
«19 130
32 393, 794
6 259. 722
4,802, 907
6 1, 924
469,150
8,592
6 5,145
17, 367
6 9 86,488 15, 680,458
6 5, 790
86, 416
G 1, 350
117,163
(21)
17 170
6 58, 512
846, 598
6 6, 673
311, 563
«20. 355
1, 330,839
6
o 12, 040

0, 237
1, 903
3,250
834

0, 713
8,129
5, 944
14, 726
409

3,542
1,117
3. 034
41,400
04, 036
18

.45
.56
.17
.81
2.82
31. 78
3. 00
.07
4.49
23. 46
1.76
3. It
.05
13. 01
1.57
2.09
50.85
8.49

2,945
41,145
1,900
2,367

15.55
1.03
3.28
5.68
.09
67.71
2.44
1. 06

1, 994, 417
19,604. 584
210, 041
4, 724,138
593, 882
1,062, 087
5, 396, 533

7,920
6,810
31,104
0, 661
18, 326
101,006
22, 602
6,142
4,007
13, 930

21.62
16.13
2.03
1.39
3.03
1. 51
20. 83
10.54
40. 95
1.36

6 21
6 13,046
6 654, 698
6 718
292

1,219
55,001
547,077

5, 536
462,387

5,139

1,705

128,289 61,441,991
7,264

1,605,206
125,565

351,500
21,262

171, 301
45, 331
63, 084
9,267
55, 653
248,883
470,743
64,741
166,644
19,025
8

!

;
4

562
30,168
190, 754
10, 475
45, 765
23
40,096
1,758
7,591
2,105, 303
543,494
718,422
6, 630
28,448
602
261
278, 610
4,646
20 3,938

718, 422
0, 630
28,448
602

278,610
4
4,640
4
3,938

1,139
86
8
682
17, 567
00,488
11, 923

86
8

.5678
.3650

. 3050
« . 3918

S

1,131

292

44
22 11,454
135,301
749
6 31,619
919

411

46,189
6,394
8. 684
106

233

298
353

.82
.36

.41

9.27

.66
2. 18
4.13

4.33
11.11
236. 60
244. 37
10. M
38. 95
13. 30

1.14
2.99
2.77
.01
1.79
. 18
.41
4. 70
.4i
.41
.55
3. 59
5.62
.22
1.74
2.10
3.04
.57
.73
7.39
2.37
.65

15.49
162. 38
406. 74
554. 42
531. 28
92. 78
101. 69
28.85
352. 05
1, 906. 70
84.32
7.22
8.53
751.16
54.02
81.05
5.89
381. 20
45.47
49. 49

.07
5.98
.12
7.77
.06

106. 89
110.88
42. 79
299. 42
1, 069. 70
1. 31
209. 01
96. 09
261. .14
387. 40

.07
2.36
1.42
2.03
.17

4.09
9.94
1.18
1.16
3.01

4.10
.34

4.57
5.90

Ox

Monetary stock of principal countries of the worldy end of calendar year 1930 {subject to revisum)—Continued
[Stated in United States money (000 omitted), except paper circulation, which is stated in monetary unit of issuing country (000 omitted;]
Monetary unit

Country

Asia—Continued.
Iraq (Mesopotamia)._
Japan, including
Chosen, Taiwan,
Kwantimg.
Netherhmd E. Indies.
Palestine
Persia 929
._
Philippine Islands. _.
Sarawak
Siam
Straits Bett-lements
Syria
Turkey
Africa:
Algeria
Belgian Congo
Egypt
.Eritrea
Ethiopia (Abyssinia)
French Equatorial
Africa.
French "West Africa
Gambia
Gold Coast
Kenya and Uganda14
IVEadagascar
Mauritius 31
Morocco
Nigeria
Nya&'iland
Portuguese East Africa.

Monetary
standard

(26)

Gold

Name

Rupee
Yen --

Silver
stock in
United
banks and
States
Outside Total gold treasuries
equiva- In central Total aubanks and
stock
lent
banks or thenticated In banks government
government gold holdings 2
treastreasuries *
uries 3
$0. 3650
. 4985

i $411,770

2 $411,770

$10,000
411,770

.4020
4 8665
. 2433
.5000
5678
.4424
. 5678
3. 859
4, 3965

55,697

55,697

55, 697

3, 020

3,406

3,406

1, 598

1,600

8,097
1,141
* 20,118

8,097
1,141
20,118

do
do
do
do
Silver
do
Gold

Franc
._
do
Pound . . . .
Thalari
do
_.
Franc
.

.0392
.0278
4. 9431

do
Pound
do
Shilling .__
Franc
Rupee _
Franc
Pound
do

. 0392
4, 8665
4, 8665
.2433
0392
. 365
.0392
4,8665
4, 8665
1. 0805

do

...do
do
do
do
do

do
do
do
__.do . . . .
do
do
—do..—
do
...do
. . do




Per capita

Authenticated statistics Unauthenticated
or estimates

Guilder
Pound
Bezal
__ .
Peso
Dollar
Bahtortical.
Dollar
Pound
Lira (pound)

...do
do

Gold stock

Escudo

2- $10,000

2S

1,600

I
8,097
1,141
20,118

(24)
(24)

s

f
> $25, 000
o 224, 983

o 165, 454
6 1 728
6 48, 427
6 19, 002
6 71,456
6 21,694
6 986

6 23, 435
9 1,692
6 14, 851

.0392
i

6 1,460
6 15,044

i

2, 552

2, 552

689

689

2, 552
$226
146

40
487

272

1,322

1, 743
6 1, 847
6 538
c 1,594
6 15

Paper circulation,
in monetary unit
of issuing
country

Population
Gold

Silver

1,446,296

3,300
90,395

$3.03
4.55

$7. 58
2.49

267, 073
1 959
164,710
114, 749
ao 2,153
99,315
82, 561
11,700
158, 749

60,731
(
)46
10,000
12, 260
475
11, 506
1,169
2,850
13, 850

.91

2.70
1 83
4.84
1. 55

1,996,347
182, 803
20,973

6,255
10,000
14, 493
450
10,000
3,130

800
80,000
370,129
208
550
31, 714
237 406
14,653
581,498
171
142,994

14,267
201
2,983
6,414
3 853
373
5,000
19,409
1,396
3,701

.28
1.37

1.29
.11
1.39

6. 21
18. 56
.35

1.51
3.76
1.48

.49
2.34
. 51
.19
.36

4.67
.37
.02
1.14

Paper

10.00
4.39
2 07
16.47
9.35
4 53
8.63
70.63
4.10
11.46
319.16
18.28
1.45
.08
25. 55
25.94
1.00
.18
4.94
61. 61
39.29
116.29
.01
38.04

Portuguese West Af- _._do
rica."
Reunion Island 14
do
Rhodesia—
Northern
do
Southern
do
Sierra Leone.
do
Somaliland—
British<J
_ ..-do
French
do
Italian«
do
Southwest Africa
do
Sudan, Anglo-Egypdo
tian.
do
Tancanvika
9
Tunis
do
do
Union of South AfricaZanzibar
do
Oceania:
Australia
.__ . . . d o . ,
NP,W Zealand
do
do
Fiji Islands 9
do
Society Islands
Now Guinea, British»
do
Total
1
2

Angolar

1.0805

..

Franc
Pound
do
do

4. 8665
4. 8665
4. 8665

Rupee
Franc.
Lira
Pound
do.

. 3650
. 0392
. 0526
4.8065
4.9431

Shilling
I1 nine
Pound
Kupee

2433
0392
4. 8665
3650

Pound
do

4. 8665
4.8665
4. 8065
0392
4. 8065

51, 208

do

Franc

Pound
!

71
636

191

100
636

174

6 1,063
6 2, 433
6 49

100
903
80

1,344
1,108
1, 541

488
4,410
2,000

345
65
1,000
276
5, 580

191

76
43

76
71

71

1,863
17 130
6 8,834
6 7, 225

* 32, 688

37, 704

75, 316
33,394
431

75, 316
33, 394
431

8,938, 488

11,008,564

27 1, 500

72, 021

0 8,811
439

76, 816
33, 394

34, 317

13

From United States Mint interrogatories and/or published official sources.
Includes in addition to holdings of central banks and governments, holdings of other
banks where authenticated.
3
Data known to be incomplete.
4
In part held abroad, either reported as earmarked (set aside and not included in
the claimed assets of the holding institution, as opposed to being merely deposited
abroad or representing a receivable balance) or considered to be earmarked by U. S.
Federal Reserve Board experts.
6
Gold and silver.
c
Estimated silver circulation included.
7
United States bank notes.
8
United States Government notes.
9
Prior year's figures.
10
Exclusive of Canadian bank notes which are. the principal circulating media.
11
Panama coin only. In addition to this, there is circulating an unknown amount
of 12
silver.
United States currency.
13
In Trinidad dollars.
14
June 30, 1930.
15
Paper peso currency legally convertible at 44 per cent of face value.




29

43,000

6 401

13

2,000

5 17 612

. 0392

9 11, 692
6 4, 867
6 401

13
81, 023

432, 392

7

11, 522, 579

4, 781, 741

19. 70
3.51
.79
2.20

.07
.82

1.16

.07

247.12

1.41
67. 80
2.04

2.94
.28
.01

1.86
.47
1. 58

26, 021
500, 000
7, 035
2, 395

4, 825
2,300
8,014
235

25, 420
6, 808
412
12, 501

6,476
1, 506
180
36
201

11.86
22. 17
2.40
.00
5. 84

w
H

O

.03

1, 972,127

w
O

2.42

(33)

1. 50
8. W
X

i. 09
1.87
1.81
3.23
2.23

5 39
217. 39
.88
10.19
3.93
4. 56
2.28
347. 25

^ Equivalent of old milreis; value of paper currency fixed at 4.567 paper milreis to the
gold milreis ($0.1196) lor payment of public dues.
1 Includes base metal coin,
7
is On Jan. 2, 1931.
19
Exclusive of Spanish bank notes and British treasury notes.
w Almost the entire amount held abroad.
21
British currency.
22 Includes platinum, etc.
23 Incomplete.
2* Fluctuates with the price of silver.
2 Gold standard established by decree of May 1, 1930.
«
26 Monetary standard not established.
27 Estimate.
2s Gold standard established by decree of Mar. 18, 1030; notes are stated in old krans.
29 Mar. 21, 1930 (end of Persian year).
so Sarawak coin and notes; Straits coin and notes also circulate.
si May, 1930.
33 Used also in Irish Free State.
" Australian notes.

a
o

o

to
Q

Or

158

KKPORT OF THE COMPTROLLER OF THE CURRENCY
FEDERAL LAND BANKS

The statement following shows the condition of the 12 Federal
land banks September 30, 1931, compiled from their reports to the
Federal Farm Loan Board.
Consolidated statement September S0y 1981, compiled from reports to the Federal
Farm Loan Board
ASSETS

Gross mortgage loans$1, 318, 321, 007. 50
Less pay merits on principal
140, 799, 842. 27
Net mortgage loans
1, 177, 521, 165. 23
Less principal of delinquent installments
3, 225, 543. 38
•
$1, 174, 295, 621. 85
United States Government securities
13, 735, 786. 73
Bonds of other Federal land banks
3, 907, 292. 59
Other securities
1, 856, 258. 14
Cash deposits for matured or called bonds
4, 975. 00
Cash on hand and in banks
7, 594, 174. 73
Accounts receivable:
Tax advances
1, 422, 204. 79
Other
535, 403. 58
Total
1, 957, 608. 37
Less reserves for accounts receivable
53,807.76
1, 903, 800. 61
Notes receivable, etc.:
Notes
150, 968. 65
Purchase money, first mortgages..
7, 436, 451. 51
Purchase money, second mortgages1, 012, 500. 33
Real estate sales contracts
14, 596, 376. 83
Total
Less reserves for notes, purchasemoney mortgages and/or contracts
Delinquent installments (principal and
interest):
Less than 30 days
30 to 60 days
60 to 90 days
90 days and over
_
Total
Less partial payments
Less reserves for delinquent installments

23, 196, 297. 32
2, 913, 721. 66

20, 282, 575. 66

2, 125, 084. 96
1,132, 988. 45
1, 755, 866. 03
7, 028, 644. 72
12,042, 584. 16
1,279, 666. 00
6, 822, 672. 52
'

Interest accrued:
Mortgage loans
Other

21, 482, 733. 74
253, 067. 95

Real estate owned:
Owned outright
Real estate subject to optional
sales contracts
___

3, 940, 245. 64

27, 516, 469. 37

Total
Less reserves for real estate



21, 735, 801. 69

758, 131. 95
28, 274, 601. 32
5, 899, 355. 06

22, 375, 246. 26

REPORT OF THE COMPTROLLER OF THE CURRENCY
Sheriffs' certificates, judgments, etc.
(subject to redemption):
(a) Foreclosures under first mortgages
(b) Foreclosures under installments
or second mortgages
(c) Banks' mortgages on property
covered by (b)

159

$11,326,464.37
20, 678. 41
99,366.37

Total
Less reserves for sheriffs'certificates-

11,446,509. 15
300, 000. 00

Spokane participation certificates
Less reserves for Spokane participation
certificates

2, 799, 850. 18

$11, 146, 509. 15

2, 799, 850. 18

Banking house
Furniture, fixtures, equipment, etc
Prepaid and deferred expenses
Other assets

2, 655, 129. 59
334, 217. 64
459, 964. 31
760, 690. 70

Total.

1, 286, 988, 290. 29
LIABILITIES

Farm loan bonds (unmatured)
Less held by banks of issue
Sold subject to repurchase agreement
Farm loan bonds matured or called
Notes payable, etc
Dividends declared but unpaid
Matured coupons on farm loan bonds
Due borrowers
Accounts payable
Interest accrued:
Farm loan bonds
Other

$1, 175, 819, 900. 00
1, 017, 620. 00
(185,000.00)

4, 975. 00
950, 000. 00
521, 075. 95
829, 596. 62
996, 104. 65
771, 812. 20
17, 455, 339. 18
665, 369. 86

Advance installment payments (partial, and interest portion
full)
\
Other liabilities
Spokane participation certificates
Deferred income
Capital stock:
United States Government
$204, 698. 00
National farm loan associations
64, 921, 220. 00
Borrowers through Porto Rico
branch
708, 350. 00
Other borrowers
119, 905. 00
Legal reserves
Other reserves
Undivided profits
Total




1, 174, 802, 280. 00

18, 120, 709. 04
1,237,930.29
701,911.84
2, 799, 850. 18
2,692, 440. 92

65, 954, 173. 00
13, 200, 111. 35
97, 921. 01
3, 307, 398. 24
1, 286, 988, 290. 29

160

REPORT OF THE COMPTROLLER OF THE CURRENCY
JOINT-STOCK LAND BANKS

The statement following shows the condition of the 49 joint-stock
land banks September 30, 1931, compiled from their reports to the
Federal Farm Loan Board.
Consolidated statement September 30, 1931, compiled from reports to the Federal
Farm Loan Board x
ASSETS

Gross mortgage loans
Less payments on principal
Net mortgage loans
.,
Less principal of delinquent installments
Less reserves for mortgage loans

$609, 236, 091. 81
62, 640, 407. 92
546, 595, 59a 89
1, 494, 774. 34
664, 495. 85

United States Government securities
Farm loan bonds of other banks
Other securities
Cash deposits for matured or called bonds
Cash on hand and in banks
Accounts receivable:
Tax advances
Other
Total
Less reserves for accounts receivable
Notes receivable, etc.:
Notes
Purchase money, first mortgages
Purchase money, second mortgages
Real estate sales contracts.-.Total
Less reserves for notes, purchase money
mortgages and/or contracts

$544, 436, 323. 70
7, 287, 356. 81
229, 514. 52
112, 324. 30
1, 000. 00
7, 859, 156. 63

801, 458. 22
257,082.18
1,058,540.40
87, 290. 35

971, 250. 05

259, 972. 97
3, 822, 297. 61
2, 127, 564. 30
7, 483, 338. 83
13, 693, 173. 71
412, 573. 57

—
Delinquent installments (principal and interest) :
Less than 30 days
30 to 60 days
60 to 90 days
90 days and over
Total
Less partial payments
Less reserves for delinquent installments

1, 191, 320. 10
538, 461. 17
1, 121, 080. 64
3, 663, 923. 91
6, 514, 785. 82
654,181.23

Interest accrued:
Mortgage loans
Other.

9, 695, 654. 77
92, 643. 35

Real estate owned:
Owned outright
Less mortgages not assumed

13, 280, 600. 14

3, 132,898. 45

2, 727, 706. 14
9, 788, 298. 12

23, 926, 806. 53
729, 064. 08

Total
Real estate subject to optional sales
contracts

23, 197, 742. 45

Total
Less reserves for real estate

23, 928, 307. 94
1, 549, 007. 47

730, 565. 49

Digitized for 1 Joint-stock land banks in receivershiD are not included in this statement.
FRASER


22, 379, 300. 47

REPORT OF THE COMPTROLLER- OF THE CURRENCY
Sheriffs1 certificates, judgments, etc. (subject to redemption):
(a) Foreclosures under first mortgages.
(6) Foreclosures under installments or
second mortgages
(c) Banks' mortgages on property covered by (b)
Total
Less reserves for sheriffs' certificates
Banking house
Furniture, fixtures, equipment, etc
Prepaid and deferred expenses
Other assets
Less reserves for other assets

161

$4, 936, 787. 85
248, 518. 29
2, 069, 843. 13
7, 255, 149. 27
522, 662. 62

578,039. 12
22, 819. 95

$6, 732, 486. 65
90, 716. 30
112, 325. 82
57, 229. 52
555, 219. 17

Total

616, 620, 808. 34
LIABILITIES

Farm loan bonds (unmatured)
Less on hand
Certificates in lieu of fractional bonds
Sold subject to repurchase agreement..
Farm loan bonds matured or called
Notes payable, etc
Mortgages assumed on real estate owned
Dividends declared but unpaid
Matured coupons on farm loan bonds
Due borrowers
Accounts payable
Interest accrued:
Farm loan bonds
Other

550, 456, 340. 00
3, 581, 060. 00
(470, 000. 00)

r

8, 837, 675. 92
4, 657. 90

Advance installment payments (partial and interest portion
full)
Other liabilities
Deferred income
Capital stock paid in
Surplus paid in
Surplus earned
Legal reserves
Other reserves
Undivided profits
Deficits
Total




546, 875, 280. 00
11, 870. 64
3, 000. 00
1,006,000. 00
246, 702. 27
60, 009. 89
1, 059, 446. 74
341, 436. 35
340, 196. 94

8, 842, 333. 82
497, 721. 63
203, 756. 59
2, 000, 117. 52
43, 503, 060. 24
3, 476, 167. 04
2, 722,075. 00
5, 710, 826. 27
901, 399. 94
4, 111, 017. 04
5,291,609.58
616, 620, 808. 34

162

REPORT OF THE COMPTBOLLEB OF THE CURRENCY
FEDERAL INTERMEDIATE CREDIT BANKS

The statement following shows the condition of the 12 Federal
intermediate credit banks September 30, 1931, compiled from their
reports to the Federal Farm Loan* Board.
Consolidated statement September 30, 1931, compiled from reports to the Federal
Farm Loan Board
ASSETS

Loans and discounts:
Cooperative associations
Financing institutions

$47, 281, 794. 48
81, 120, 915. 50

United States Government securities
Less sold under repurchase agreement

2, 798, 453. 16
432, 000. 00

Debentures of other Federal intermediate credit banks
Other securities
Cash on hand and in banks
Cash deposits for matured debentures
Notes receivable
Accounts receivable
Interest accrued:
•Loans and discounts
$419, 894. 24
Other
27,355.77
Furniture, fixtures, equipment, etc
Prepaid and deferred expenses
Loans in suspense
Other assets
Capital stock subscription callable from U. S. Treasury
Total

$128, 402, 709. 98
2, 366, 453. 16
1, 300, 000. 00
10,000. 00
5, 330, 215. 25
50, 375. 00
201, 134. 71
82, 536. 59

447, 250. 01
11, 969. 20
17, 694. 84
1, 988,060. 35
15, 410. 56
30, 000, 000. 00
170, 223, 809. 65

LIABILITIES

Debentures (unmatured)
Less held by banks of issue

$104, 100, 000. 00
300, 000. 00

Debentures matured
Rediscounts with banks other than Federal intermediate credit
banks
Accounts payable
Deferred proceeds, loans and discounts
Interest collected, not earned
Matured interest on debentures
Interest accrued:
Debentures
$966, 124. 95
Other
114. 36
Liability for cash collateral
Other liabilities
Deferred income
Capital stock:
Paid in
Callable from U. S. Treasury
Surplus (earned)
Reserves for contingencies
Undivided profits
Deficit (Columbia)
Total




$30, 000, 000. 00
30, 000, 000. 00

103, 800, 000. 00
50, 000. 00
77, 100. 00
75, 983. 94
71, 380. 93
445, 921. 94
375. 00

966, 239. 31
330, 921. 76
97, 793. 20
90, 638. 51

60, 000, 000. 00
2,045, 542. 67
2, 563, 937. 60
239, 898. 40
631,923. 61
170,223,809.65

BEPORT OF THE COMPTROLLER OF THE CURRENCY

163

NATIONAL AGRICULTURAL CREDIT CORPORATIONS

Under the provisions of the act of March 4, 1923, United States
Revised Statutes, national agricultural credit corporations may be
formed for the purpose of providing credit facilities for the agricultural and livestock industries of the United States. The Pacific
National Agricultural Credit Corporation of Fresno, Calif., is the
only such corporation now in existence. It is authorized to transact
business within the States of California, Arizona, Nevada, Oregon,
Utah, Idaho, and New Mexico.
A statement of the resources and liabilities of the Pacific National
Agricultural Credit Corporation of Fresno, Calif., as of the close of
business on September 29, 1931, appears below.
RESOURCES

Cash OD hand and in banks
United States bonds
Loans
Furniture and
Accounts receivable
Other assets
Customers funds held in trust

fixtures

Total

$6, 015. 04
259, 723. 45
3, 134, 462. 92
2, 719. 85
4, 602. 01
9,688.81
35, 094. 06
3, 452, 306. 14

LIABILITIES

Capital stock
Surplus
Undivided profits
Discounts
Other liabilities
Undistributed trustee funds
Total

500, 000. 00
100, 000. 00
1, 626. 57
2, 804, 655. 74
10,929. 77
35,094. 06
3, 452, 306, 14

UNITED

STATES POSTAL SAVINGS SYSTEM

The tables following, compiled by the Third Assistant Postmaster
General, under whose supervision the system operates, disclose comparative statements of the resources and liabilities of the Postal
Savings System for the years ended June 30, 1930 and 1931, together
with a summary of the postal-savings business for the fiscal year
ended June 30, 1931, by States. (The total number of depositors on
June 30, 1931, was 770,859, an increase of 304,458 in the year, and
the average amount on deposit per depositor was $450,69* compared
with $375.80 a year ago.)




Comparative balance sheet for June SO, 1931, and June SO, 19S0

Working cash:
Depository banks
Postmasters...

June 30, 1930

June 30,1931

Items

Increase

Decrease

8

RESOURCES

_._
_

-

Special funds:
Treasurer of the United S t a t e s Reserve fund. __
__
Miscellaneous (working) funds

___

Accounts receivable:
Accrued interest on bond investments
Due from late postmasters.Investments, carried at cost price:
United States bonds—
Postal savings 2^'s__
Fourth Liberty 4H's

_

__

_

_

_

$307,184,507.28
1,703,484.08

_..
_..

_

_

-

Par value
$12,406,660.00
16,676,760.00

11,826,942.41
7,811,262.45
302,741.99
18,702.04

12,406, 660. 00
14, 516,329.13

2ft, 083,410.00

$147,878,328. 50
$159,306,178. 78
736,147.39
967,336.69
- $148,614, 475.89 160, 273,515.47

$308,887,991.36

7,6 .
1,574,819.10
19,638,204.86
295,650.26
47,580.30

321,444.03
I

26,922,989.13 I—

11,839,320.00
14, 516,329.13

9, 266,312. 55

I
'

§

4,135,448.06
6, 236,443.35
10,371,892.31

H

7,091.73

$28,878. 28
21,786. 63

343,230.56
567,340.00 L.
26,355,649.13

W
a
a
o

~567,~340.~66~Li

184,579,668.13 I 171,190,961.25 '..

355, 770,629. 38

LIABILITIES AND SURPLUS FUNDS

Due depositors:
Outstanding principal, represented by certificates of deposit
Accrued interest on certificates of deposit
_
Outstanding savings stamps
_
Unclaimed deposits
._
Accounts payable:
Due Postal Service—interest and profits
Due discontinued depository banks

347,416,749.00
5, 762, 691. 31
58,446.60
121.00
_

Total liabilities
Surplus funds: Interest and profits (undistributed earnings) subject to future
allocation of maturing interest charges




2,239,153.03
29,872.00

175,271,686. 00
4, 575,940. 39
57,597.30
353, 237,907.91

172,146,063.00
1,186,650. 92 :
849.30 !
121.00 i
179, 905,223.69 173, 332, 684. 22

4,438,901.84
1,027. 48
2,269,025.03
355, 506,932.94

2,199,748.81
4,439,929.32

I

28,844. 52
2,170,904. 29

184, 345,153. 01 171,161,779.93

263,696.44

234,515.12

29,181.32 •
_

355,770,629.38

184,579,668.13

171,190,961.25 |.
_

a
d

Comparative statement of interest-earning resources and interest-bearing liabilities for June 30, 1931, and June 80, 1930
June 30,1931

Items

June 30,1930

Increase

Decrease

RESOURCES—INTEREST-EARNING

| Working cash: Depository banks, per balance sheet
co Investments, carried at cost price, per balance sheet

_..)

$307,184,507.28
26,922,989.13
- $334,107,496. 41

$147,878,328.50
$159, 306,178. 78
26, 355, 649.13
567, 340.00
• $174, 233, 977.63 159,873, 518. 78

c

LIABILITIES—INTEREST-BEARING

H

Due depositors: Outstanding principal, represented by certiticates of deposit,
per balance sheet

175, 271,686.00

347,416, 749. 00

Excess of interest-bearing liabilities...

13, 309,252. 59

1, 037, 708. 37

O

172,145,063.00
12, 271, 544. 22

— w
a
o
o

Comparative statement of interest and profits for the fiscal years ended June 80, 1931, and June 80, 1980
Items
Credits:
Interest on bank deposits
Interest on bond investments
Miscellaneous receipts
Final adjustment—previous year
Debits:
Interest credited to depositors
Allowances to postmastersLosses byfire,burglary, etc
Erroneous payments, uncollectible items, etc...
Final adjustment—previous year
Excess of income.




Fiscal year 1931

Fiscal year 1930

Increase

g
Decrease

$5,346,952.28
1,012,395.06
403.51
$6, 359, 750.85

$3,457,277.68
997,677.76
45.31
1,373.71

4,091,371.74

$4, 456, 374. 46

822.62
50.00

29f"l8l.~32

""~$l,~373.~71

O

777.86
50.00

Pi

$1,889,674.60
14,717.30
358.20

2,893,395.00

44.76

H

1,903,376.39
1,197,976.74

4,120,597.82

2,894,267.62

29,181.32
1,226,330.20

2,239,153. 03

1,562,106.84

677,046.19

w
w
fcj

a*

Summary of postal savings business for the fiscal year ended June 80, 1981, by States

State

Balance to
the credit of
depositors

Deposits»

June 30,1930
United States

Balance to Increase in
the credit of balances to
depositors the credit of
June 30,1931 depositors

_... $175,271,686

$373, 037, 218

$200,892,155

$347,416, 749 $172,145,063

932,882
649,551
1,533, 215
983, 243
3,412, 721
3,881,160
1, 241, 252
105,159
408, 516
16,489,291
2,817,135
24,649
2,641,463
9,468, 318
1,903, 594
8,400,200
3, 922, 763
266,473
472,743
109,918
138,951
5,891,152
2,483,055

4,243, 097
480,541
3,091,829
5, 557, 280
14,012,191
4,805, 393
3,594,141
190, 369
1,056, 640
34,513,639
7,968,826
59, 345
3, 085, 862
32, 664, 489
7, 497,188
14, 531, 356
6,019, 923
2,535,930
872,111
148,938
532,357
6,062,582
13,776,863
9,357,724
2,028,636
10,405,367
5, 774, 041
6, 789,405
585, 674
989,898
8,369,008
1,838,898
63,010,642
5,445, 982

1,656,490
469,050
2,107, 483
2, 253, 252
5, 695,049
3,483, 793
1,421, 543
128,288
602, 584
25,620,471
4, 215,112

3,519, 489
2,586, 607
11, 491
661,042
2,517,561
984,346
4,287,271
3, 304, 028
11,729,863
8,317,142
5,202, 760
1,321,600
2,172, 598
3,413,850
62,081
167, 240
862, 572
454,056
25,382, 459
8,893,168
6,570,849
3, 753, 714
40, 201
15, 552
3,144,500
503, 037
31, 060, 964
21. 592, 646
6, 783,620
4,880, 026
14,344, 235
5,944. 035
6,033,774
2, 111, 011
2,051,677
1, 785, 204
854,947
382,204
170,303 i
60,385
453,491
314,540
1, 719,991
7,611,143
13,131,115
10,648,060
11,149, 535
2,261,067
1,578,187
1,439,834
10,209, 616
4,332,297
6,478,146
703,612
6,301,199
3,049,106
545,326
133,633
1,037, 291
687,036
7,246,708
4,985,122
2,017, 669
348,837
55,962,172
29,461,934
4,347,845
3,267,131
3,402,973
950,826
9,209,881
5,755,982
9,844,542
3,362,997
5,963,129
1,704, 507
19,294,235
10,705,030

Alabama
Alaska
Arizona
Arkansas
California
Colorado
C onneoticut
Delaware
_
District of Columbia.
Florida
Georgia
Hawaii
Idaho
_
Illinois
_
Indiana
Iowa...*
_
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire..
New Jersey
New Mexico
New York
North Carolina...
North Dakota....
Ohio
Oklahoma
Oregon
Pennsylvania

Withdrawals i 2

138,353
5,877,319
5,774, 534
3,252,093
411, 693
350, 255
2,261, 586
1,668, 832
26,500, 238
1,080, 714
2,452,147
3,453,899
6,481, 545
4,258, 622
8,589,205




9, 111, 295
10, 725, 398
5,905,361
19,613,467

43, 793

2, 582, 825
11, 071, 843
2,617,162
8, 587,321
3,908, 912
750,726
489,907
88,553
217,817
4,342,591
3,128,803
7,096,657
6,073, 070
5, 070,429
3, 740, 299
452, 041
302,862
3,383,886
1,490,061
33, 548, 708
2,178, 851
1, 980,104
3,355, 313
7,362,401
4, 200,854
8,908,437

Savings stamps
Sold

Redeemed

Amount
of depospaid deposi- its surrendered
tors
for bonds

Amount at

Interest

June 30,1931

$28,168. 30 $27,319. DO $306,119,698. 34 |$5, 346, 952. 28 $2, 904, 770. 32 $3,609,940
28.00
.10
23.00
51.60
438. 20
123.30
102.90
32.20
217.40
76a 90
251. 50
10.00
62.30
588. 30
126. 30
102.10
150. 50
75.00
24.30
39.20
37.60
537.60
150.80
304.30
73.80
301.20
112.70
164.80
18.00
179.80
935.70
3.10
4,290.20

134.40
138.20
320.70
350.10
155.40
1,292.00

31.00
25.00
43.00
397.00
116. 00
115. 00
33.00
175. 00
710. 00
258. 00
10.00
62.00
533. 00
113. 00
80.00
88.00
69.00
22.00
47.00
64.00
565.00
150.00
327.00
49.00
240.00
60.00
135.00
10.00
155.00
995.00
2.00
4,424.00
100.00
138.00
339.00
435.00
161.00
1,237.00

3, 261, 353.18
545, 817. 45
2, 253, 922. 47
2,833, 649. 33

10,908,984. 42
5,039,851.93
2,804,071. 24
138,999. 35
821, 679.32
18,910,322.21
6,356,385.11
39, 722.80

2,702,394. 54
23, 209, 744. 38
6,534,082.64
13,365,801.71
5, 919, 272. 61
1,071,230.86
832,928.51
148,903.43
396,920. 35
6,930,891. 09
11,209,032.39
10,882,667.43
740,960.18
9, 296, 665.33
6,296,901.99
4, 047,022.34
443,972.28
999,514.98
5,993,981.14
1,902,231.70
51,966,323.76
3,947,163.91
2,967,450.87
8,644,927.63
9,101,031.52
5,640,646.74
19,273,285.51

41,467. 04
13,290. 41
42,474.10
46, 073. 97

147,371. 83
98,893. 77
45,919. 09
2,636. 83
12, 510. 34
436,034. 80
111, 551. 29
685. 09
61,424. 32
336,891. 86
88,374. 87
258,332.87
115,459. 58
17,218,00
13,762.06
2,837.41
5,892.19
133,890.34
117,163.50
8,449.83

180,001.45
148,129.18
85,719.19
9,036.20
19,071.09
85,868.53
37,370.67
868,791.94
49,154.28
125,381.85
186,942.89
114,923.53
279,479.36

11,580. 63
12,832. 86
23,200. 81
16,974. 00
61,455. 91
63, 763. 92
20, 605. 46
2, 340. 70
6,924. 82
182,002. 89
39,702. 28
329. 52
44, 578. 48
157,620. 41
30,309. 68
146,003.89
62,380. 50
5,730.17
7,549. 66
1,975.12
1,866.67
119,806.98
44,633.00
145,330.78
2,502.23
96,467.39
103,481.02
42,059. 28
6,745.76
5,416.40
41,098.81
23,331.69
510,183.15
13,003.40
35,769.64
53,052.88
102,176.67
71,374.89
167,960.35

21,440
15,000
13,400
96,900
65,980
59,940
2,500
20,680
245, 740
65,120
9,200
263,300
111, 360
310, 640
238,860
50,080
2,000
11,040
35,620
226, 520
10,340
161,600
92,580
325, 500
1,500
3,560
14,000
20,600
51,860
31,620
199,100
173,620
151,300
35,700

Porto Rico
Rhode Island...
South Carolina.
South Dakota..
Tennessee
Texas
_
Utah
Vermont
Virginia
Virgin Islands.
Washington
West Virginia,.
Wisconsin
Wyoming

137,903 :
390,095
2,128,666
4.620, 662
655,101
5,153, 236
590, 015
46,375
574,085
27,258
6,579,373
1,304,878
1,557,113
1,890,019

310,965
499,160
4,304, 553
7,045,157
2,693,505
8,355,983
684,515
55,092
1,424,660
32,709

10,192,756
2,723,389
2,391,048
2,141,110

219,575
321, 251
2,439, 646
4,633,155
1,101,295
5,350,149
519, 969
35,069
714,733
31,630
6,190,692
1,134,199
1,301,938
1,682,711

229, 293
568,004
3,993,573
7,032,664
2,247,311
8,159,070
764, 661
66,398
1,284,012
28,337
10,581,437
2,894,068
2,646,223
2,348,418

i These totals includo the amount of $6,136,310 transferred between depository offices.
^This total includes $121 written oil postmasters' accounts current as unclaimed.




91, 390
177,909
1,864,907
2,412,002
1,592,210
3, 005,834
164,546
20,028
709,927
1,079
4,002,064
1,589,190
1,089,110
458,399

14,246.00 13,721.00
227.60
242.00
114.30
96.00
117.40
102.00
82.30
76.00
243.70
208.00
24.50
10.00
4.10
4.00
62.60
45.00
59.50
54.00
89.30
86.00
55.50
48.00
110.60
93.00
17.40
21.00

127, 769. 01
531,526.05
3,573,391.19
6,273,220.59
2,316,060.86
6,514,286.35
667,268.69
59,484.83
1,299, 571. 77

3.091.40
8,680.88
66,827.44
122,277.55
32,984.59
131,599.51
12,713.82
1.285.41
22,127.86

9,222,986.68
2,899,168.07
2, 560,013.43
1,694, 232.19

168,162. 73
47,189.13
42,630. 70
38, 674. 75

1,641.66
8,048.01
29,722. 58
74,481.94
11,440.16
75,273.39
11,456.25
690.24
7,022. 55
203. 50
127,671.11
18,125.43
26,468.35
28,402.45

1,500
74,440
68,320
66, 040
104,900
6,000
16, 420
64,500
30, 580
21, 780
17, 260

168

REPORT OF THE COMPTROLLER OF THE CURRENCY

SCHOOL SAVINGS BANKING

Statistics relative to school savings banks in the various States
and the District of Columbia for the school years ended 1930 and
1931, with comparative yearly totals beginning with the school year
ended 1920, are shown in the following tables:
School savings, by States, 1929-30 and 1930-31
[Compiled by the Savings Bank Division of the American Bankers' Association]
Number of
schools

Number participating

Deposits

Net savings

States
1929-30 1930-311 1929-30
!

1930-31

1929-30

1930-31

1929-30

1930-31

United States- 14,610H 14,628>&4,597,731 4,482,034 $29,113,063.48 $26,783,610.41 $7,690,529.68 $2,342,888.74
Alabama
Arizona
Arkansas.California
Colorado
Connecticut
Delaware.District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois...
Indiana
Iowa
Kansas-Kentucky
Louisiana
Maine
Maryland
Massachusetts. _.
Michigan..
Minnesota.
Mississippi
Missouri
Montana*
Nebraska
Nevada
New Hampshire.
New Jersey
New Mexico
New York
North Carolina-.
North Dakota...
Ohio
Oklahoma
Oregon
Pennsylvania
Ehode Island
South Carolina3.
South Dakota....
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia—.
Wisconsin
Wyoming

67
26
7
2,496
4
633
64

73
26
7
2,488
3
530
58
49
29
104
97
36
521
273
513
79
60
16
338
106
1,224
465
430
2
203

44
39
89
73
27
500
270
217
33
43
19
339
114
1,186
427
300
4
203

50
50
2
97
"1I2"
811
796
10
10
1.464K
66
17
16
812
728
72
65
130
137
1,912
1,876
350
344
49
41
236
19
24
114
337
142
298
2

56
36
188
37
29
85
312
145
324
2

1 Loss.




39,129
12, 265
2,129
416,990
590
123,601
33,755

137,330. 25
178,050.87
59, 274.18
13, 786!
56,411.38
9,756.37;
2, 285'
6,307.67
448,512 1,278,268.201 1,530,127.79
896
1,434. 571
1, 547.81
118,327 1,034,138.38;
956,881.09
34,227
216,404.50:
185,957.48
27,632J

44,709.02
5,851
50,180.27
5,978
64,472. 42
10,704
666,619. 22
8,130
187,905.981
154,361.43
57,835
51,891
4,589
24,906.28!
33,625. 25
2,059
5,972
34,668. 26[ 229,326.69
8,126
147,109 136,992 1,282,845.08! 1,000, 523.16
660,382.81!
449,279. 51
99,322
73,114
418,248.42;
360,147.42
62,973
68,686
205,851.60i
82,052. 42
9,552
38,916
54,675. 37|
7,042
38,167.00
10,695
14,485.52
17,163.25
1,833
1,686
173,269.19
35,174
38, 627
149,839.13
367,659. 40
49, 716
46,148
501, 222. 52
250,047 239,280 1,440, 521. 33 1,251,401. 79
895,754. 00
149,642 135, 774
682,922.78
773, 288. 28|
159. 547 127,430
665,588.15
11,044.13;
905
536,097.30! •~'582,"454."§3
42,996 " "92," 777
300
8,018
270, 570
2,947
970, 226
13, 719
633
290, 595
16,302
57,639
738,186
111,762

6,617
264,231
979,895i
20,768:
1,040;
277,603!
15,113
55,184
659,086
120,856

73,800.84
26,332.68
520.19
672,402.62
253,993.58
13,466.78
44,709.02
11,370. 71
31,609.64
24, 789.14
21,388. 29
111, 765.76
66,767.70
51,202. 21
22,676. 70
5,169. 38
2,974.26
89,070.60
31,054.83
585,993. 73
108, 576. 59
209,773. 85
1,333. 59
216,982.02

35,064.34
18.001.73
1 3,323.09
798,330.49
917. 62
136,394.07
1 6, 259. 52
50,180.27
2,612.87
U3,356.91
31,416.93
11,161.57
182,701.60
10,811.53
122,415.30
1,188.84
3,420.93
4, 543.44
62,271.22
300,695.80
459,479. 50
140,185.65
148,696.82
188,051.79

249,788. 001
188,197.07
53,000.00 U48.295.20
13. 73
355. 78:.
17, 526. 56
39,072.26
16,475.12
41,948.451
93,107.30
2,159,443.08! 2,644,925.30 382,901.30
12,259.26
3,726.36
1,309.02
16,532.21 j
5,217,804. 25 4,606,108.24 2,836,149.48 159,115. 46
78,573.15
10,953.28
13,308. 75
88,904.78
3,608.15
1,229.84
2,102.88
1,913.971
1,937,729.50! 1,605,615.75 209,926.44 180,190.72
23,300. 49 227,020. 57 1204,413.16
225,917.49!
95, 297.13
404,359. 23i 364,798.82
23,145. 58
4,832,618. 56. 4,061,199.50 640,677.02
29, 592. 85
862,430.05
1, 774.08
87,694. 58
1,031,258.98l

10,963
113,816. 95!
11,348
24, 236
160,129. 21
21,188
76, 482 95, 335'
367,199.64'
12,008
1, 7851
43,893. 53:
4,407
7,880. 21 i
2,306i
31,818
221,632. 09
29, 524i
130, 061 100,009 1,119,372. 06!
29,484
30, 340
162,087. 26!
81,097
78,367
738, 247. 09!
2,120.10.
1

96, 593. 47
27, 020. 02
140,477.46
9,321.93
372,016. 73 166,866.89
5,930. l:
12,868.77
5, 773. 93
4,422. 52
178,626.40
20,751.87
953,850. 65 194,267. 52
131,438. 87
22, 581.17
627,909.85
63,855. 73
2,120.10

No report in 1930-31.

1,654.60
15,944.48
101,480.09
2,963.44
3,099.10
20,812.47
75,937. 40
30, 510.11
31,448.82

BEPORT OF THE COMPTROLLER OF THE CURRENCY
School savings, by States, 1929-80 and

169

1930-31—Continued

TOTALS—UNITED STATES
Number
of schools
1930-31.
1929-30.
1928-29.
1927-28..
1926-27..
1925-26..
1924-25.
1923-24.
1923-23-.
1921-22.
1920-21.
1919-20.

14, 628^
14, 2543^:
13,835
12,678 !
11,371 I
10,163
9,080
6,868
4,785
3,316
2,736

Number
participating

Deposits

4, 482, 340 $26, 783, 610.41
4,597,731
29,113,063.481
4, 222,935! 28,672,496.00
3,980,237! 26,005,138.04
3,742, 5511 23,703,436.80
3,403,746j 20,469,96a 881
2, 869, 497, 16,961. 560. 72!
2, 236,326i 14,991, 535.4Oi
1,907,851: 10,631,838. 69
1, 295, 607'
5, 775,122. 32
802,906i:
4,158,050.15
462, 651
2,800, 301.18

Not savings

$2,342,888.74
7,690,529. 68
10, 539,928. 46
9,476,391. 32
9,464,178.93
8,770,731.05
7,779,992. 55
8,556,991.27

SAVINGS BANKS IN PRINCIPAL COUNTRIES OF THE WORLD

Statistics compiled by the finance and investment division of the
Bureau of Foreign and Domestic Commerce, Department of Commerce, relative to savings banks, including postal-savings banks, in
the principal countries of the world, on specified dates, supplemented
by information obtained from reports received in the currency
bureau from other sources, are shown in the following statement.




Savings hanks, including postal-savings banks, and amount of deposits, by specified countries
Coun tryArgentina..
Australia
Austria
Belgium.
Bulgaria
Canada...
Chile
China
Czechoslovakia....
Denmark
Egypt
Estonia
Finland
France
Germany.
Greece
Hungary
India (British)
Italy
Japanese E m p i r e Latvia...
Netherlands
New Zealand
Norway
Peru
Poland
Siam.
Spain
Sweden. __
Switzerland
Union of South Africa
United Kingdom.
Yugoslavia
Foreign countries, total..
United States and possessionsPhilippines
Grand total

Population
11,471,000
i 6,414,000
6,713,000
8,129,000
5,944,000
9,935,000
4,287,000
'482,800,000
14,726,000
3, 542, 000
» 14,319, 000
1,117,000
3,634,000
41,400, 000
64,036, 000
6,394,000
8,684,000
»318,942,000
41,145,000
i 62,938,000

1,900,000
7,920,000
1,486,000
2,810,000
6,237,000
31,104, 000
11,506,000
22,602,000
6,142,000
4,067,000
8,104,000
4*6,189, 000
13,930,000
280,567,000

Date of report
May 31,1931
Mar. 31,1931
May 31,1931
July 31,1931
June 30,1931
July 31,1931
June 30,1931
Dec. 31,1929
May 31,1931
July 31,1931
June 30,1931
Dec. 31,1928
June 30,1931
Dec. 31,1929
July 31,1931
Mar. 31,1931
July 31,1931
Mar. 31,1930
July 31,1931
/Apr. 30,1931
\ Aug. 31,1931
Aug. 31,1931
April 30,1931
July 31,1931
doMay 31,1931
Mar. 31,1931
Mar. 31,1929
Mar. 31,1931
Dec. 31,1930
June 30,1931
July 31,1931
do
.—.do

Form of savings bank
Postal savings
_
Savings banks, including savings department of Commonwealth Bank of Australia..
Postal and private
_
General savings banks
_
Postal savings banks
Chartered banks and postal
National, special, and commercial
Post-office savings banks
Private savings banks
_
.doSavings banks and postal savings
Government
Postal, private, and cooperative societies
National savings banks; private savings banks..
Savings banks
Post-office savings banks
—do..
....do
Postal and private
_
Savings banks
Postal savings (excluding about 89,000,000 yen of postal-transfer deposits).
Postal..
Postal and private
Savings banks and postal savings...
Savings banks
National, private, and commercialPostal communal, and cooperativeTreasury savings bank
Postal
Postal and private
Cantonal banks
Postal
Post-office and trustee
Postal

June 30,1931 ("Postal savings system
(.Mutual and stock
12,420,366 —.do
- Postal
1,419,072, 366
126,085,000

,

Deposits
$30,055,000
£192,000,000
$101,242,000
236,912,000
7,266,000
1,475,000,000
26,349,000
»9,975,850
»1,186,355
$604,036,000
584,240,000
£E4,300,000
$772,000
131,221,000
1,240,653,000
2,515,442,000
9.863,000

12,943,000
< 371,313,000
$1,495,968,000
« 1, 578, 265,000
4
2,576,181,726
$1,544,000
275,772,000
£55,300,000
$475,164,000
5,061,000
137,019,000
6
2,602,942
28,863,000
885,296,000
436,180,000
33,092,000
2,090,648,000
5,073,000

3

w
n
o
g
H
1
3

W
a

347,417,000
11,039,310,000
4,093,000

1 Estimated.
3 "Small coin" (Yuan dollar) accounts, according to 1931 China Year Book.
* Rupees.
« Yen.
« Bahts.
2 * 'Big dollar" (Yuan dollar) accounts, according to 1931 China Year Book.
NOTE.—Original figures in foreign currencies have been converted at par for all countries with stabilized currencies; in other cases, at the average exchange rate for the month
of the report.




3

o

171

KEPOKX OF THE COMPXROLUEK OF T H E CUBHEXCY

ASSETS OF LEADING FOREIGN BANKS OF ISSUE

The total assets of 41 foreign banks of issue converted at the existing
rate of exchange on or about June 30, 1931, were $20,106,207,000, in
comparison with assets of $18,710,619,000 (revised figure) reported
by the same foreign banks on or about June 30, 1930.
The statement below, prepared by the Federal Reserve Board,
shows, with reference to the 41 banks of issue, the country of each
bank, the date of the bank's statement, and its total assets in local
currency and in dollars at the current rate of exchange.
Total assets of principal foreign banks of issue about June 80, 1931
.'In thousands of local currency and of dollars]

Country

Local currency

Date

Albania
.__
June
Australia
-. Jtrae
Austria
June
Belgium..
June
Bolivia
June
Brazil
do
Bulgaria
i.-.do
Chile
L-.do
Colombia
|...do
Czechoslovakia
__.-..do.
Danzig
'...do.
Denmark
_
__!--.do.
Ecuador
L-.do.
_do
pt.
Englan
July
England
_.
June:
Estonia
Finland
___
_
-_do
June
France
Junes
G er many
do
Greece
_
Gautemala
_
._L_..do
Hungary
_
..._dc
Italy
-.do
Juno
Japan
dc.
Java
_
_._
June
Latvia
_
Juno
Lithuania
...do
Mexico
June
Netherlands
JUTHJ
Norway.-..
do.
Peru
...do
Poland
June
Portugal....
_
Juno
Rumania
Juno
South Africa
Juno
Spain
_
Sweden
_ Juno
...do
Switzerland
...do
Uruguay
Union of Socialist Soviet Republics. Apr.
June
Yugoslavia

30
29
30
24
30

1
30
26
30

27
29
30
29
30

24
27
26
27
30
1
30

Total assets
of the bank of
issue in local
currency

Franc
Pound
Schilling..
Belga
Boliviano.
Milreis....
Lev.
Peso_
do
Crown
Gulden
Krone
Sucre .
Egyptian pound.
Pound
Kroon
Markka....
Franc
_
Reichsmark
Drachma
Quetzal
Pengo
__
Lira..
Yen....
Florin..
Lat.
Lita
Peso
Florin
Krone
Sol..
Zloty
_
Escudo
Leu
Pound
Peseta
Krona.
Franc
Peso.
Chervonetz.
Dinar

72,899
109,655
1,591,368
3,480, 484
66,282
3,706,348
7,027,355
433, 676
46,146
8,425,371
51,350
457, 737
43,420
46,228
520,417
60,381
2,621,844
102, 877, 936
5,767,112
8, 718, 581
II, 375
515, 445
22,140, 299
1,917,177
311, 330
223, 806
228,123
135, 527
992, 875
415, 943
95, 241
l,867r345
4,178, 482
29,850,096
17,950
6,741,693
923, 307
1,456,607
201,711
917,226
6,107, 318

Total.
i In the compilation of total assets certain contra accounts have been omitted.
* Par of exchange, as no quotation for date given is available.




Rate of ex- Total aschange into sets i of the
dollars on
bank of
date indiissue in
cated
dollars
2 0.192653
3. 744606
.140468
.139282
.367500
. 076618
. 007200
.120983
. 965700
.029619
*.194661
. 267737
.200000
4.987252
4. 863735
* 267990
.
.025167
.039142
.237333
.012953
2 1.000000
.174457
. 052343
.4S3815
. 402400
«.192948
2.100000
.490000
.402292
.267738
.280000
.112004
. 044161
. 005954
4.852528
. 094190
.268111
.193572
. 582116
5.150000
.017683

14,066
410,615
223,536
484,7€9
24,369
283,973
50, £97
52,467
44, 563
24S. 561
K 996
122, 553
8,684
23©, 5H
2,531.170
l€i182
65, 984
4,026,848
1, &6S, 611
112,932
11,375
&9.S23
1,158! SGO
946!731
125, 279
43,183
22.S12
66,408
390. 426
111, 364
2fi. 667

20Pv 150
184, £26
177,727
87.103
635,000
247, M9
281.958
nr;4i9
4, 723, 714
107, 996
20,10C, 2G7

172

REPORT OF THE COMPTROLLER OF THE CURRENCY
EXPENSES OF THE CURRENCY BUREAU

By reference to the table following, showing in detail expenses relating to the maintenance of the Currency Bureau for the fiscal year
ended June 30, 1931, it will be noted that the aggregate expenses
were $5,323,770.45, of which $697,570.24 was paid from appropriations
and $4,626,200.21 reimbursements by the banks. The salary rolls
aggregated $567,524.46, of which $256,513.52 was paid from appropriations and the remainder from funds reimbursed by the banks.
Taxes paid by national banks on circulating notes issued amounted
to $3,242,977.92. Deducting from this amount the expenses of the
bureau paid from congressional appropriations, $697,570.24, leaves
the net income to the Government on account of the tax on circulation
at $2,545,407.68.
Expenses incident to maintenance of Currency Bureau and net income derived by
Government from taxes on national-bank notes, fiscal year ended June SO, 1981
I Expenses
Expenses repaid from ap- imbursed by
propriations
banks
Salaries:
Regular roll, including retirement deductions
$256,513.52
National currency reimbursable roll, including retirement
deductions...
_
$51,851. 50
Federal reserve issue and redemption division, including
retirement deductions
58,194. 52
Insolvent national-bank division roll, including retirement
deductions
200,964.92
Total salaries
General expenses:
Printing and binding
26,618.08
21,552.78
Stationery
6,659.15
4,243.16
Amount expended for light, heat, telephone, telegraph,
furniture, labor-saving machines, etc., partially esti8,007.82
3,010.08
mated
__
_
Special examination of national banks, repairs to macera769. 41
ter, etc
Total general expenses
Currency issues:
National-bank n o t e s 55, 600.00
Paper
348,400.00
Printing, etc
Plates (reimbursed)
14,253.00
Federal reserve notes—
•
203,483.07
Paper.
1,090,581.49
Printing, etc
j
93, 574. 81
Plates
!
Total currency issues
;
Expenses on account of national-bank examining service, paid
by banks
__
_
2,687,115.22
66,533. 65
Postage on shipments of national-bank notes
"I"
61,850. 72
Postage on shipments of Federal reserve notes
12,886.29
Insurance on shipments of national-bank notes
51,107. 26
Insurance on shipments of Federal reserve notes
Total expenses paid from appropriations
697,570.24
Total expenses reimbursed by banks
4,626,200.21
Total expenses

Total expenses

$567,524.46

70,860.48

1,805,892.37
2,687,115.2266,533. 65
61,850. 72
12,886.29
51,107. 26
5,323,770.45

Tax paid by national banks on circulating notes
$3, 242, 977. 92
Total expenses of Currency Bureau paid from Congressional appropriations
697, 570. 24
Net income to Government from taxes on circulation

2, 545, 407. 68

Respectfully submitted.
JOHN W. POLE,

Comptroller of the Currency.
To the SPEAKER OF THE HOUSE OF REPRESENTATIVES.






APPENDIX

175

REPORT OF THE COMPTROLLER OP THE CURRENCY

TABLE N O . 1.—Comptrollers and Deputy Comptrollers of the Currency, dates of

appointment and resignation, and States whence appointed
No.!

Dai e of

Name

appointment

Date of
resignation

Mate

COMPTROLLERS OF TME CURRENCY
McCulloch, ITugh
Clarke, Freeman
Hulburd, Hiland R
Knox, John Jay
Cannon, Henry W
Trenholm, William L. _
Lacey, Edward S
Hepburn, A. Barton
Eckles, James II
Dawes, Charles G
_._
Ridgely, William Barret
Murray, Lawrence O
Williams, John S kelton
Crissinger, D . B
Dawes, Henry M
Mclntosh, Joseph W
Pole, J. Wr

May

Mar.

Feb.
Apr.

.. .. ..

May

Apr.

May

....
-

A ug.
Apr.

Jan.
Oct.

A pr.

Feb.
Mar.
May
__

Dec.

Nov.

9.1863
21,18(55
1,1867
25,1872
12,1884
20,1886
1,1889
2,1892
26,1893
1,1898
1.1901
28,1908
2. 1914
17.1921
1.1923
20. 1924
21,1928

Mar.
July.
Apr.
Apr.
Mar.
Apr.
June
Apr.
Dec.
Sept.
Mar.
Apr.
Mar.
Apr.
Dec.
Nov.

8,1805
24, 18(56
3,1872
30,1884
1,1886
30.1889
30,1892
25, 1893
31, 1897
30,1901
28,1908
27, 19131
2.1921
30.1923
17,1924
20,1928

9,1S63
1,1S«5
12. 1807
8, 1872
f>,1886
27,1887
11,1890
7,1893
12, 189(5
I,1898
29,1899
1,1908
21.1923
1. 1923
(5, 1925
1,1927
6,1927
1,1928

Aug.
Jan.
Apr.
Jan.
Jan.
May
Mar.
Mar.
Aug.
June
Mar.
Feb.
Dec.
June
Nov.

1,18(55
31,18(57
24,1872
3, .1886
3,1887
25,1890
W, 1893
11,1896
31,1898
27,1899 2
2.1923
34, 1927
19. 1924
30,1927
30. 1928

Indiana.
New York.
Ohio.

Minnesota.
Do.

South Carolina.

Michigan.
New York.
Illinois.
Do.
Do.
New York.
Virginia.
Ohio.
Illinois.
Do.
Ohio.

DEPUTY COMPTROLLERS OF THE CTRKKN'CY

Howard, Samuel T
Hulburd, Hiland R
Knox, John Jay
Langworthy, John S
Snyder,V. P
Abrahams, J . D . .
Nixon, II. M
Tucker, Oliver V
Coffin, George M
Murray, Lawrence 0
Kane, Thomas P
Fowler, Willis J
Mclntosh, Joseph W _ _
Collins, Charles W
Stearns, E. A
V
Await, F . G
dough, K. II
Proctor, John L
1

May

- ... .

Aug.

Mar.

Aug.
......

Jan.
Jan.

Aug.
A pr.
_ ....

Mar.
Sept,
June
July
May

.._
.
.

July
Jan.
July
July
Dec.

Term expired.

New York.
Ohio.

Minnesota.
New York.
Do.

Virginia.
Indiana.
Kentucky.
South Carolina.

New York.
District of Columbia.
Indiana.
Illinois.
Do.
Virginia.
Maryland.
Indiana.
Washington.

* Died Mar. 2, 1923.

TABLE N O . 2.—Names and compensation of officers and clerks in the office of the

Comptroller of the Currency, October 31, 1931

Name
Quinn, Edmund F
Yeatman, John P
Gross, Clyde E
Kane, William, A
A very, Antoinette. .
Marble, George R.
.
Burton, R t jsse'll O
Offutt, W illiam F .
Fuller, Jane L
Johnston, Kdna K..
Thompson, George
Frye, R u b y M
Reese, William J I . .
Verrill, Harry M ...
Wilson, Gordon K . __
s ,
Bock, Carl
Tucker, Samuel M
Wigginton, Norval P
Ellis, IT. H
Herndon, John W
Buell, Willard E
Hanlon, Margaret T
Lewis, John O
Basinger, Walter K
O'Mara, Vera L
Moyer, Alta T

......
... .
_

.




Designation
Adniinist rat iye officer
Senior administrative assistant..
Adminisi rative assistant
Senior administrative assistant..
do
.....do
Junior administrative assistant..
do...
......do
.....do
......do
- !'
do
...... ......do.
J
do
do
:;
Principal clerk
.
Junior administrative assistant
'
.do
Principal clerk
.. ..
'
do. ......
.
do
Senior clerk
!
do.
_. Principal clerk
Senior clerk.
j Senior clerk Klenograpner

Salary
$4,800
3, 700
3, (500
3,400
3.300
3,300
3. 200
2, 900
2.800
2,800
2, 800
2. 700
2, 700
2.700
2,700
2,700
2, 600
2. 600
2, 600
2, 500
2,400
2.400
2.400
2. 300
2,300
2, 300

176

KEPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 2.—Names and compensation of officers and clerks in the office of the
Comptroller of the Currency, October 31, 1931—Continued
Designation

Name
Tylor, Gertrude I
Whelan, Marjorie B
Reed, S. E
Lovelly, Laura F
Jones, Margaret E
O'Brien, May F
Bentley, Thomas B
Heizer, Helen V
Horsey, OlgaS.
Lamb, Joseph E
Wright, Nellie K
Friedrichs, Minna K._.
Jump, Mollie C
Pumphrey, Carrie B _ . .
Trumbull, Annette M .
Andrews, Ettie F
Haley, John R
Hilleary, Rua
Jones, Nell II
Harris, John E
King, Dorothy C
Erickson, Bertha V
Heizer, Nannie B
Munnerlyn, Joseph A—
Nolan, Lida A___
Smith, Helen M_
Young, Grace E
Beall, Clara M
..
Jamieson, William Q
Lowell, Harriet P._._
Gorham, \V. Abbott.
Haygood, Ethel
Bales, AnnaS
Brumbaugh, Delia L.
Buckley, Regina C—
Chisholm, Elizabeth.
Colburn, Nellie A —_
Hopkins, Edna I
Kelly, George
Magruder, Edith P . Nichols, SadaC
Schiller, Ernestine H.
Walker, Johanna S_~
Weeks, Katherine
Mortimer, Mary II _.
Baldwin, Wallace N .
Burlingame, Delia J~
Ilewson, Ella
Jorgenson, John A _ _ _
Barry, Gertrude I
Crocker, Henry A. D
Haymon, N . Mabel
Mallet, Katherine II
McCrone, Clara O' B
McKinney, Elva L
Quackenbush, Dorothy S
Tschiffely, Lacey B. R
Dodge, Victor II
Gailliot, Aline
Dailey, William
Caudell, Mary L - _
Ilueter, Marion R
Israel, Frank T
Smith, Clara E
Watts, Metta F
Sazama, Alice R_.
McPherson, Mabel E
Glenn, Frances Moncure
Mueller, Pauline
Barksdale, George T
Canavan, Josephine M
McFadden, Arthur M
Wilson, Mildred C
Wolfe, Alice M
Dalton, Ethel R
.
Parsons, Ruth
Etheridge, Elsie E
Fox, Bessie E
Furbershaw, Miriam
Shea, Catherine L
Hatter, Madeline B
Kidd, Jeannette B
Moore, May L a P o r t e . . .




Senior clerk stenograpner.
do..
Senior clerk
" '
Clerk
Senior clerk
Clerk
Senior clerk
— .do
Senior clerk stenographer
Senior clerk
Senior clerk stenographer
Assistant clerk
d
Clerk stenographer
do
Clerk
. — .do
....do
....do
.....do..._
Clerk stenographer
Assistant clerk
...-do
do
....do
....do
do
Head typist
_.
Senior operator, office devices.
Clerk
„ Clerk stenographer
do
Assistant clerk
do
do
_.
do
do
do
. . do
do
do
.....do
do
Clerk
Assistant clerk stenographerJunior clerk
d
do
....do
Assistant clerk
do
,....__
..j
do
.do
\
do
do

_.

Assistant clerk stenographerSenior stenographer
Junior clerk
Assistant clerk__
do
.do
_do_.
.do...
Assistant clerk stenographer
Senior stenographer
. . . Junior clerk.
do
Assistant clerk.
do
i
do
i
do
do
Assistant clerk stenographer.-.
do
Senior stenographer
do
do
do
Senior operator, office devices.
do
do

Salary
$2,300
2,300
2,200
2,100
2,100
2,040
2,000
2,000
2,000
2,000
2,000
1,980
1,980
1,980
1,980
1,920
1,920
1,920
1,920
1,860
1,860
1, 860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,800
1,800
1,800
1,800
1,800
1,800
1,800
1,800
1,800
1,800
1,800
1,800
1.800
1,800
1,800
1,800
1,800
1,800
1,800
1, 740
1, 740
1,740
1,740
1,740
1, 740
1,740
1,740
1,740
1,740
1,740
1,680
1,680
1,680
1, 680
1,680
1,680
1,680
1,680
1,680
1,620
1, 620
1, 620
1,620
1, 620
1, 620
1, 620
1,620
1, 620
1,620
1,620
1,620
1,620
1,620

177

EEPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 2.—Names and compensation of officers and clerks in the office of the
Comptroller of the Currency, October 31, 1931—Continued.
Name
OVDonnell, Josephine A_.
Parsons, Edith N_
Frock, Annie C
Harleston, Catherine
Ohiles, C harlos R
Elmore, Annie L
Taylor, Mathilda S
Chamberlain, Robert J _ .
Kemether, Eva C
Wood, Kathleen.
Crosoii, Maud B
Kellam, Margaret M
Dillard, John'.___
Marks, Grace J_
_-.
Cook, George M
Shely, Myrtle B
White, Grace M
Brown, Edith L . __
Weeks, George W
Dillon, Minnie L___
Curtin, Anna E
Braxton, Henry
Whiteraan, Edgar.
_.
Shaffer, Dorothy L
Smith, Mabel W
Arvidson. Ruth V
Sheward,' Adelaide H_._.
Dowden, Eleanor C
Dullant, Anna K
Dutrow, M ary H
Duvall, Grace N
Mennel, T h eresa
Reese, Aline
Roberts, Victoria—
Miller, Bellum
Simms, Harry E_
Haley, Mary C
Settle, May C W
Blount, Joseph T
__.
Carroll, John I
Cover, Thomas A
Jones, George S
Minis, AlvinE
Holland, Thomas
Taylor, John H
Mann, Harry C
Gervais, Gladys E
Hill, Edgar W . . .
Thompson, Frank
Mundie, James F
Barrett, Lestor J
Berkley, Guy IT _
ITurd, Agnes K
Simber, Marie C
Willnrd, Etta J
Moss, Benjamin F
Doffermyre, Wayland B
Jackson, Emmitt G
Marshall, Eugene H
Cooper, Mary R
Taylor, Mary F

Designation

Salary

Junior clerk
Senior typist
Counter clerk

$1,020
1,620
1, <>20
1,020
1020

1

Underclerk
Junior clerk
do
Junior operator, office devices...
do
J unior clerk
Counter clerk
do
_
Underclerk
Money counter
.._
Underclerk
_
Junior clerk typist
.-do
Junior clerk
Junior mechanic
Counter clerk
Money Counter
Messenger
._.
do
_..
Junior operator, office devices. _
do
J unior stenographer
Junior clerk_
Money counter
_
__do
_do
.do
.do
.do
do
Underclerk
..—do
—
Money counter
...
... ..do
Messenger
do...
do
_ ..do
-.
.. do
Senior laborer
.....do
Underclerk
M oney counter
Messenger
Senior laborer
Underclerk
"Messenger
_.
do.
i Money counter
!
do
do
Minor mechanic
. Messenger
.!
do
;
do
I M inor domestic attendant..
j
do

1. 620
1. frfSO
1, 5f»0
1, 560
3, 500
1,560
1,560
1,560
1,500
1,500
1,600
1,500
1,500
1,500
1,500
1,500
1,500
1,440
1,440
1,440
1,440
1,440
1,440
1,440
1,440
1,440
1,440
1,440
1,380
1,380
1.380
i, 380
1,380
1, 380
1,380
1,380
1,380
1,380
1,380
1,320
1,320
1,320
1,320
1, 260
1,260
1, 260
1,260
1,260
1, 200
1,260
j . 200
1, 200
1,200
600
600

TABLE N O . 3.—Number of national banks organized since February 2o, 1863.
number passed out of the system, and number in existence October 31, 1931
Under act of Feb. 25, 1863
Underact of Juno 3, 1864
Under gold currency act of July 12, 1870
Under act of Mar. 14, 1900.
Total number of national banks organized.
Number reported in voluntary liquidation
Number passed into liquidation upon expiration of corporate existence
Number consolidated under act of Nov. 7, 1018
Number placed in charge of receivers 1
Total number passed out of the system
Number now in existence..
Exclusive,
 of those restored to solver cy.

1

450
8,389
10
4,721

-

--—

-

_ .. 13,576
.
4. 705
208
342
1,702
6,957
0,619

178

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 4.—Authorized capital stock of national banks on the first day of each
month from January 1, 1926, to November 1, 1931, United. States bonds on
deposit to secure circulation, circulation secured by bonds on deposit, the amount
of lawful money on deposit to redeem circulation, and national-bank notes outstanding, including notes of national gold banks
[For prior years see annual reports 1920 and 1927]
Circulation
United
secured
Authorized States bonds by United
on deposit
capital stock
States
to secure
bonds
circulation

Lawful
money on
deposit to
redeem
circulation

Total
nationalbank notes
outstanding

Date

Number of
banks

1926
January...
February
March
April
May
June
July
August
September...
October
November....
December....

8,092
8,077
8,070
8,059
8,054
8,043
8,038
8,031
8,025
8,018
8,008
7,985

1, 385, 648,215 666, 273,130
1, 392,178,205 665, 363, 590
1,397,304,455 665, 235,640
1. 400, 003, 655 665, 568,140
1, 418, 643, 655 665, 686,140
1,420,271,155 665, 465,140
1, 420, 087, 405 665, 616, 390
1,422.654,905 665, 941, 890
1, 422, 749, 905 665, 889, 940
1, 421, 369, 905 665, 830, 440
1,422,132,405 665, 492, 880
1,413, 850,405 666, 278,180

658, 362, 223
661, 298, 333
661, 244,347
661, 016, 470
661, 664, 478
660, 677,175

1927
January. _.
February. _.
March
April
May
June
July
August
SeptemberOctober
November.
December..

7, 972
7,950
7, 927
7, 894
7,863
7,845
7, 844
7, 842
7,831
7,833
7,832
7,833

1,417,160,405 666, 211, 440
1, 421,452,905 664, 503,940
1, 445, 067, 905 666,138, 640
1, 474, 432, 905 665, 641,990
1, 470, 085, 905 665, 724,930
1, 474, 055, 905 667, 095, 680
1,481,279,615 666, 991,130
1, 485, 989, 615 667,156, 290
1,486,712,615 667,143,790
],500,437,615 666, 985, 790
1, 502, 697, 615 666, 873, 290
1, 521, 797, 615 666,830,210

661,046, 465
657, 364,790
660, 366, 240
661,673,603
662, 238, 833
663,156,720
661, 288, 545
661,550,768
663, 747,178
662, 742, 593
663,167, 030
603,340, 675

1928
January
February
March
April
May
___
June
July
August
September. .
October
November. _
December....

7,821
7,810
7, 703
7,783
7,701
7, 748
7,745
7,723
7,717
7,716
7,707
7, 705

1, 537, 432, 015 667,127, 710
1,541,562,615 666, 230, 710
1, 542, 207, 615 667,011,210
1,564,712,615 666, 860, 710
1,585,632,615 666,196, 400
1, 585, 547,615 667,491,900
1, 598, 007, 015 665, 658, 650
1, 610, 676, 615 666,643, 200
1,614,656,015 666, 732, 700
1,620,279,115 667, 318,040
1,619,589.115 667,168, 440
1, 630, 507,448 667, 508,440

062, 380, 082 38, 623, 507
659, 332, 017 38, 407, 517
601,481,322 38, 250, 372
662, 412, 992 36, 802, 227
661,127,660 38,814,509
661, 522, 450 39, 757, 992
658, 732, 988 40, 887, 664
658, 463,423 38, 926, 224
600,518,182 38,299, 802
600,403,912 37, 088,747
662, 705, 075 37,446, 779
663, 931, 957 36,248, 802

701,003,589
097, 739, 534
699, 731, 694
099, 215, 2L9
699,942, 169
701, 280, 442
699, 620, 652
697, 389, 647
698,817,984
698,152, 659
700,152,454
700,180,759

7, 687
7, 6(36
7,643
7, 628
7,601
7, 599
7, 587
7,505
7, 539
7, 521
7, 506
7,486

1, 636, 452, 948 667, 013, 340
1,639,865,948 667,486, 340
1, 670, 265, 948 666, 432, 090
1, 659, 418,448 606, 630, 890
1, 625, 654, 448 666, 221, 390
1,626, 902, 040 666, 233,140
1,635,308,915 666,199,140
1,669,218,815 666, 407,040
1,679,991,015 666, 864, 280
1,676,066,015 667,093, 770
1,686,251,065 666, 736,100
1,692, 229,165 667,635, 650

662, 904, 627 35,877, 502
662, 455, 487 34, 822, 732
659,651, 580 35, 231, 759
661, 924, 472 36, 750, 627
663,364,517 38, 720, 772
663, 328, 203 39,651,731
662, 773, 570 41, 520, 872
657, 764,443 39, 707, 550
649, 297, 990 38, 652, 573
652, 823,980 38, 564, 685
661, 822, 047 38, 506, 768
664,115,977 37,465,128

698,782,129
697,278,219
694, 883,339
698, 675, 009
702, 085, 289
702, 979, 934
704, 294, 442
697, 471, 9i)3
687, 950, Sf»?
691, 388, fio5
700, 328, 815
701, 581,103

7,472
7, 440
7,412
7, 372
7, 361
7,335
7,311
7,277
7,262
7, 243
7,218
7,185

1, 714, 224,015
1,715,527,415
1, 718,132, 565
1, 717,107,165
1, 713, 508,165
1,754,760,629
1,753,790,629
1, 752, 883,129
1, 753, 458,129
1,748,968, .129
1, 748, 495, 629
1,741,729, 668

697,941, 240
663,823,167 34,118,073
664,468,092 32,115,298 696, 583, 390
664,928,197 31,669,548 696, 597,745
665,107,343 31,066,745 696,174, 088
665,974,780 31,225, 248 697,200,02H
665,719,485 31,933,193 697,652, 678
665, 607, 070 32, 710, 398 698, 317, 468
663, 528, 038 33,025, 390 696, 553, 428
664, 838, 833 32, 984, 335 697,823, 10S
665, 853, 557 33,414,773 699, 208. 330
668,017,935 32,137, 905 700,155,900
668,033,075 31, 911,805 699,914,880

1929
January
February
March
_
April.
May
_
June
_
July
August
September
October
November
December
1930
January
February.
March
April
May
June
July
August
_
September
October
November
December _._.

_

-.-

_
-




667,774,650
607,464,790
607,108, 740
607, 251, 240
667, 650, 750
667,156, 250
606, 824, 750
666, 406, 250
667, 320, 950
007,819.250
669. 128, 450
069, 222, 350

46,194,204
45,050,979
45, 059, 372
44,211,319
42, 519, 201
42, 697, 987
41, 682, 684
661, 434,195 40, 714, 779
659, 760, 467 39,768, 777
660, 555, 797 39,178, 467
661,742,830 38, 971, 702
662,764,613 37, 927, 974
36,721,464 J
37,856,759 ]
36, 825,184
38, 251,364
39, 074,404
42, 777, 217
42, 857, 722
42, 967,269
41,052.614
40, 537,019
39, 825, 664
39, 060, 424

704,556,427
706,349, 312
706, 303, 719
705,227,789
704,183,679
703, 375,162
702, 669, 244
702,148,974
699, 529, 244
699, 734, 264
700,714,532
700,092,587
697, 767,929
695, 221, 549
697,191,424
699,924, 967
701,313. 237
705,933,937
704,146,267
704, 518, 037
704, 799, 792
703,279,612
702,992,694
702, 401,099

179

HEPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 4.—Authorized capital stock of national banks on the first day of each
month from January 1, 1926, to November 1, 1931, United States bonds on
deposit to secure circulation, circulation secured by bonds on deposit, the amount
of lawful money on deposit to redeem circulation, and national-bank notes out'
standing, including notes of national gold banks—Continued
United
Circulation
Authorized States bonds i secured
on deposit by United
capital stock
to secure
States
circulation
bonds

Bate

January...
February.
Mareh___
April
May
June
July
August...
September
October
November

Lawful
money on
deposit to
redeem
circulation

Total
nationalbank notes
outstanding

1931
7,144
7,097
7,049
7, 004
6, 982
6,937
6, 886
ri, 841
.
! 6,790
j 6,744
I 6,619

1,737,079,668
1,732,131,068
1,728,321,068
1,725,826,068
1,724,821,068
1,718,432,146
1.713,822,146
1,709,282,146
1,705, 277,:46
1.697,752,146
1, 660, 760,146

668, 550,850
666, 204, 350
667, 434, 800
667,982,300
668, 503, 700
667,419,300
667,154, 800
668,305,100
667,950,100
(567, 098, 590
665,255, 340

667, 078, 250
664, 451,097
664, 220, 805
666, 682, 898
666, 770,878
665,889,688
665,591,438
666, 594, 576
666. 020. 536
665, 271,853
665.182, 578

31,358,445
31,939,068
33, 892, 703
32, 566, 685
31,278,173
30,709,438
31, 413,008
31,911,240
32, 239, 745
32,861, 923
33, 826, 453

698,436, 695
696,390,165
698,113, 508
699, 249, 583
698,049,051
696, 599,126
697,004, 446
698, 505,81.6
698,260, 281
698,133,776
699,009,031

NOTE.—Notes redeemed but not assorted not included in circulation outstanding.
NOTE.—New series of notes included since July.

TATRLE N O . 5.—Natiojial banks reported in liquidation from November 1, 1980, to
October 31, 1931, the names, inhere known, of succeeding banks in cases of sue"
cession, ivith date of liquidation and capital
Date of
liquidation

Name and location of bank

Capital

-I-

The First National Bank of Laurens, Iowa (4795), absorbed by State Bank
of Laurens
June 6,1930
Engineers National Bank of Cleveland, Ohio* (11862), absorbed by The
Citizens Bank & Trust Company of Cleveland
Sept. 12,1930
The First National Bank of Talihina, Okla. (10672), succeeded by First
Oct. 7,1930
State Bank of Talihina
Odessa National Bank, Odessa, Tex. (13238), absorbed by The Citizens
Sept, 20,1930
National Bank of Odessa
Saint Paul National Bank, Saint Paul, Minn. (13167), absorbed by First I
;
Nov. 8,1930
State Bank of Saint Paul
The First National Bank of Albion, 111. (8429), succeeded by The National |
Bank of Albion
, Nov. 12,1930
The Albion National Bank, Albion, III. (9025), succeeded by The National I
Bank of Albion
j .—.do
The First National Bank of Linn Grovo, Iowa (7137), succeeded by First i
State Bank, Linn Grove
• Aug. 25,1030 "
Bituminous National Ban k of W inburne, Pa. (7334), absorbed by The Conn t y !
National Bank of Cloarfield, Pa
! Nov. 14,1930 I
The First National Bank of Deeatur, Ind. (3028), succeeded by The First |
State Bank of Decatur
. Nov. 19,1930 I
The American National Bank of Giilispie, 111. (123.14), absorbed by The
Oct. 14,1930 j
Gillispio National Bank. GilHspie
The First National Bank of Poseyville, Ind. (7036), succeeded by The BozcNov. 22,1930
man Waters First National Bank of Poseyville
The Bozeman Waters National Bank of 1 'oscy ville, Ind. (8149), succeeded by
do
The Bozeman Waters First National Bank of Poseyville
The Commercial Nat ional Bank of Nowata, Okla. (9949), succeeded by ComNov. 10,1930
mercial Bank of Nowata
--The Exchange National Bank of Pauls Valley, Okla. (12215), absorbed by :
Sept. 16,1930
The Pauls Valley National Bank, Pauls Valley
The First National Bank of Wood River, Nebr. (3939), absorbed by The •
Nov. 10,1930
Farmers State Bank, Wood River
The Sykesville National Bank, Sykesville, Md. (8587), absorbed by Central \
Nov. 25,1930 j
Trust Company of Maryland, Frederick, Md
Tho Central National Bank of Decatur, Ala. 610423), absorbed by First ;
Nov. 6,1930 j
National Bank in Dccatur
-The First National Bank of Ireland, Tex. (12786), absorbed by The Gatesville National Bank, Gatesville, Tex
_
_.., Nov. 22,1930 i
The First National Bank of Porterville, Calif., (6808), absorbed by Bank of ;
America, Los Angeles, Calif—
i Nov. 24,1930
The First National Bank of Hulbert, Okla. (10520), succeeded by First I
Nov. 17,1930
State Bank of Hulbert
The Malta National Bank, Malta, Mont. (11040), absorbed by The First |
State Bank of Malta
• Dec. 4,1930
i With one branch in Cleveland.




$50,000
1, 000, 000
25,000
30,000
100,000
50,000
50, 000
50,000
50, 000
100, 000
50, 000
2.\ 000
50, 000
50, 000
50, 000
40, 000

7:», ooo
200, 000
25, 000
100, 000
25,000
50,000

180

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 5.—National banks reported in liquidation from November 1, 1930, to

October 31, 1931, the names, where known, of succeeding banks in cases of suecession, with date of liquidation and capital—Continued
Xamc and location of bank

The First National Bank of Seymcur, Iowa (8247), absorbed by The National
Bank of Seymour
--.
The Central National Bank and Trust Company of Tulsa, Okla. (8552),
absorbed by The Exchange National Bank of Tulsa
Tennessee-Hermitage National Bank of Nashville, Tenn. (9532), absorbed
by Commerce Union Bank of Nashville
The First National Bank of Napoleon, Ohio (5218), absorbed by Napoleon
State Bank, Napoleon
The City National Bank of Bowie, Tex. (4785), absorbed by The First National Bank of Bowie
The Moore National Bank, Moore, Tex. (8817), absorbed by The Pearsall
National Bank, Pearsall, Tex
The Neffs National Bank, Neffs, Ohio (9799), absorbed by The First National Bank of Bellaire, Ohio
The First National Bank of Antlers, Okla. (7667), succeeded by First State
Bank, Antlers
The First National Bank of Chipley, Fla. (7778), absorbed by Chipley State
Bank, Chipley
The First National Bank of Hancock, Minn. (6996), absorbed by The Hancock National Bank, Hancock
__.
The American National Bank of Tonkawa, Okla. (12356), absorbed by The
First National Bank in Tonkawa
_
The First National Bank of Flagstaff, Ariz. (11120), absorbed by Arizona
Central Bank of Flagstaff
—
The First National Bank of Bloomington, 111. (819), succeeded by First
National Bank and Trust Company, Bloomington
The Livingston County National Bank of Pontiac, 111. (1837), absorbed by
The National Bank of Pontiac
The First National Bank of Eureka, Calif. (5986), absorbed by Bank of
America National Trust and Savings Association, San Francisco, Calif
The First National Bank of Alexis, 111. (4967), absorbed by The National
Bank of Monmouth, 111
_
The First National Bank of Carrollton, Ga. (5264), absorbed by The Peoples
Bank of CarrolltonThe First National Bank of Mt. Pleasant, Iowa (299), absorbed by Henry
County Savings Bank, Mt. Pleasant
_
The Masontown National Bank, Masontown, Pa. (6528); absorbed by Tho
First National Bank of Masontown
.._
First National Bank in Berkeley, Calif. (12320), absorbed by Bank of
America National Trust and Savings A ssociation, San Francisco, Calif
The Swenson National Bank, Swenson, Tex. (12266), absorbed by The First
National Bank of Aspermont, Tex.; The First National Bank of Jayton,
Tex.; and Peacock Bank, Peacock, Tex
The State National Bank of Santa Anna, Tex. (12768), absorbed by The First
National Bank of Santa Anna
_
The First National Bank in Electra, Tex. (13284), absorbed by First State
Bank of Electra
The Welcome National Bank, Welcome, Minn. (6331), absorbed by Welcome
State Bank, Welcome
_
The First National Bank of Griffin, Ga. (2075), absorbed hy Griffin Banking
Company, Griffin
The Centennial National Bank of Virginia, 111. (2330), absorbed by Petefish,
Skiles & Company State Bank, Virginia
_
First National Bank of Garland, Tex. (7140), absorbed by The State National
Bank of Garland.-_
--The First National Bank of Cambridge, 111. (2540), absorbed by The Farmers
National Bank of Cambridge
The Farmers and Merchants National Bank of Grandview, Tex. (7209),
absorbed by The First National Bank of Grandview
-..
Tho Farmers National Bank of Norway, S. C. (11189)
The First National Bank of Manistique, Mich. (5348), succeeded by The First
National Bank in Manistique
Tho Continental National Bank of Indianapolis, Ind. (9537), absorbed by The
Indiana National Bank of Indianapolis
_
The Citizens National Bank of Rialto, Calif. (11867), absorbed by The First
National Bank of Kialto
Lincoln National Bank and Trust Company, Lincoln, Nebr. (12342), absorbed
by The Continental National Bank of Lincoln
The Le Roy National Bank, Le Roy, N. Y. (6087), absorbed by Bank of Le
Roy..
Tiio Kentucky National Bank of Catlettsburg, Ky. (9602), succeeded by Kentucky-Farmers Bank, Catlettsburg
_
_
--Motherlode National Bank of Sonora, Calif. (10362), absorbed by Bank of
America, Los Angeles, Calif
N ational Bank of Gary, S. Dak. (10846), absorbed by The First N ational Bank
of Gary.-_
—
Franklin National Bank, Franklin, Ind. (13378), absorbed by The Citizens
National Bank of Franklin, Farmers Trust Company of Franklin, Union
Trust Company of Franklin




Date of
liquidation

Capital

Deo. 17,1930

$50,000

Nov. 1,1930

1,000,000

Dec. 23,1930

300, 000

Dec. 15,1930

50,000

Nov. 12,1930

50,000

Dec. 23,1930

25,000

Jan.

5,1931

25, 000

Dec. 31,1930

100,000

Jan. 13,1931

50,000

Jan.

9t1931

25,000

Dec. 20,1930

25,000

Jan.

7,1931

50,000

Jan. 13,1931

500,000

do
Jan.

50,000

6,1931

300,000

Jan. 16,1931

50,000

Jan. 13,1931

100, 000

do

100,000

Jan. 22,1931
Jan. 13,1931

375,000

Jan. 24,1931

25,000

100,000

Jan. 17,1931

50,000

Jan. 14,1931

100, 000

Jan. 13,1931
do

_.
_

50,000
200,000

Jan. 22,3931

50,000

Jan. 20,1931

50,000

Jan. 13,1931

50,000

Jan. 27,1931.

40,000
25,000

Jan. 20,1931

Dec. 20,1930
Jan. 13,1931
do

100,000
400,000
35,000

N o v . 4,1930

200,000

Jan. 31,1931

100,000

Jan. 24,1931

75,000

N o v . 10,1930

50,000

Jan. 24,1931

25,000

Jan. 14,1931

50,000

KEPORT OF THE COMPTROLLER OP THE CURRENCY

181

TABLE N O . 5.—National banks reported in liquidation from November 1, 19801 to

October 31, 1931, the names, where known, of succeeding banks in cases of succession, with date of liquidation and capital—Continued
Name and location of bank

The Ferris National Bank, Ferris, Tex. (6376), absorbed by Farmers &
Merchants State Bank of Ferris..
The National Bank of Adrian, Minn. (9033), absorbed by The Adrian State
Bank, Adrian.
The Piano National Bank, Piano, Tex. <j3764), succeeded by The First National Bank of Piano
The First National Bank of Birmingham, Pittsburgh, Pa. (926), absorbed by
Peoples Pitts burgh Trust C ompany of Pittsburgh _
The First National Bank of Alvord, Tex. (12664), absorbed by Alvord National Bank, Alvord
_
_
The Farmers National Bank of Italy, Tex. (12701), absorbed by The First
National Bank of Italy
The Farmers National Bank in Piano, Tex. (12622), succeeded by The First
National Bank of Piano
The First National Bank of Genoa, Colo. (J12716), absorbed by The Limon
National Bank, Limon, Colo
The Exchange National Bank of Polo, 111. (1806), succeeded by The First
National Bank of Polo
_
The First National Bank of Lenoir, N. O. (8445), succeeded by The Union
National Bank of Lenoir
The First National Bank of Manchester, N. H. (1153)
The First National Bank of Petersburg, N. Dak. (11185), absorbed by Farmers
State Bank, Petersburg
J*.
The Prairie Depot National Bank of Freeport, (P. O. Wayne) Ohio, $11216),
absorbed by The Union National Bank of Fostoria, Ohio
__.
The First National Bank of Waterloo, Iowa, (792), absorbed by The Comercial
National Bank of Waterloo
The First National Bank of Peabody, Kans. (3134), absorbed by Peabody
State Bank, Peabody
-The First National Bank of Fort Dodge, Iowa, (1661), succeeded by First
State Bank and Trust Company, Fort Dodge 3
_.
The Citizens National Bank of Monessen, Pa. (11487), absorbed by First
National Bank and Trust Company of Monessen
_
The First National Bank of Garrison, N. Dak. (9778), succeeded by First
National Bank in Garrison
The Commercial National Bank in Jefferson, Tex. (13450), absorbed by Jeilerson State Bank, Jefferson
The First National Bank of Haxtun, Colo. (11099), absorbed by Farmers
State Bank, Haxtun
_
First National Bank in Hutto, Tex. (13475), absorbed by City National Bank
of Georgetown, Tex
_
-.
The First National Bank of Frost, Tex. (6968), succeeded by The Frost
National Bank, Frost
_
--The Citizens National Bank of Saint Jo, Tex. (8402), succeeded by Citizens
National Bank in Saint Jo...The First National Bank of Forest Lake, Minn. (13652), absorbed by Forest
Lake State Bank, Forest Lake
_
The Ham National Bank o:' Mount Vernon, 111. (5057), absorbed by The
Third National Bank of Mt. Vernon
_
_
The Merchants National Bank of Defiance, Ohio (2516), succeeded by The
National Bank of Defiance.
The First National Bank of Defiance, Ohio (4661), succeeded by The National
Bank of Defiance
The First National Bank of Newton (P. O. West Newton), Mass. (3598), absorbed by Newton Trust Company, Newtor.
The First National Bank of Pittsburgh, N. Y. (266), absorbed by Pittsburgh National Bank & T::ust Company, Pittsburgh
The Queen Anne's National Bank of Centreville, Md. (3205), absorbed by
The Centreville National Bank of Ma:ylanc. Centreville
The First National Bank of Stonington, 111. (5291), absorbed by The Farmers
State Bank, which changed its title to First State Bank, Stonington
The First National Bank of Kemmare, is . Dak. (6064), absorbed by The Kenmare National Bank, Ken: nave
-. The First National Bank of Cuba, 111. (11144), absorbed by State Bank of
CubaThe Citizens National Bank of Boulder, Colo. (11117)
The First National Bank of .Teannetto, Pa. (4092), absorbed by The Jeamiette
Savings & Trust Company, which changed its title to The First Bank and
Trust Company of Jeannette
The First National Bank of Preston, Idaho (7526), absorbed by First Security
Bank of Preston
_
The First National Bank of Wyoming, Iowa, (1943), absorbed by Citizens
State Bank of Wyoming
Tho First National Bank of Pittsburg, Tex. (4863), absorbed by The Pittsburg National Bank, Pitt?burg
Tho Auglaize National Bank of Wapakoneta, Oiiio (9061)? absorbed by The
Peoples National Bank of Wapakoneta
2 Placed in charge of a receiver Apr. 17, 1931.

34644°—32-




-13

Date of
liquidation

Capital

Jan. 23,1931

$65,000

Jan. 13,1931

25,000

3,1931

65,000

Jan. 19,1931

100,000

Feb.

Jan. 20,1931

25, 000

Feb.

4,1931

40,000

Jan. 23,1931

60,000

Feb.

3,1931

25,000

Oct. 20,1930

65,000

Jan. 28,1931
Feb. 14,1931

75, 000
150,000

Dec. 20,1930

25, 000

Jan. 29,1931

25,000

Jan. 13,1931

200,000

Feb. 16,1931

50,000

Feb. 10,1931

300.000

Jan.

100, 000

2,1931

Nov. 15,1930

25,000

Feb. 10,1931

2.), 000

Feb. 20,1931

50,000

Feb. 11,1931

25,000

Feb. 22,1931

75,000

Feb. 17,1931

25,000

Feb. 10,1931

25,000

Nov. 7,1930

100,000

Feb. 10,1931

100,000

Feb. 17,1931

100,000

Feb. 16,1931

100.000

Feb. 17,1931

100,000
75,000

Feb.

3,1931

Feb.

2,1931

50,000

Jan. 19,1931

25,000

Feb. 28,1931
do

50,000
100,000

Feb. 11,1931

50,000

Mar. 7,1031

50, 000

Mar. 3,1931.

50,00Q

1'eb. 14,1931

100,000

July 25,3930

100,000

182

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 5.—National banks reported in liquidation from November 1, 1930, to
October 31, 1981, the names, where known, of succeeding banks in cases of succession, luith date of liquidation and capital—Continued
Name and location of bank

Daie of
liquidation

The Hudson Falls National Bank, Hudson Falls, N. Y. (8297), absorbed by
Feb. 24,1931
The Sandy Hill National Bank of Hudson Falls
The First National Bank of Josephine, Tex. (12724), absorbed by The First
Feb. 26,1931
National Bank of Nevada, Tex...
_
_
The Marine National Bank of Ashtabula, Ohio (4506),succeeded, by The Marine Savings Bank Company, Ashtabula_
__
_
Mar. 13,1931
The Arkansas National Bank of Fayetteville, Ark. (8786), absorbed by The
Jan. 13,1931
First National Bank of Fayetteville
_-_
The First National Bank of Butler, Ind. (9286), absorbed by Knisely Brothers
Feb. 28,1931
<e Company, Butler
f
-The First National Bank of Paducah, Ky. (1599), absorbed by The City
Mar. 6,1931
National Bank of Paducah
__
The Citizens National Bank of Godley, Tex. (11143), absorbed byCleburne
Feb. 10,1931
State Bank^ Cleburne, Tex
_
The First National Bank of Paynesville, Minn. (11332), succeeded by First
do
National Bank in Paynesville
_
The First National Bank of Vernon, Ind. (4688), absorbed by The North
Feb. 16,1931
Vernon National Bank, North Vernon, Ind
*__
Dallas National Bank, Dallas, Tex. (11749), absorbed by Dallas Bank and
Feb. 10,1931
. Trust Company. Dallas.
..
The First National Bank of New Hobbs, N. Mex. (13488), absorbed by Hobbs
Mar. 14,1931
State Bank, Hobbs, N. Mex_
_
The Citizens National Bank of Waxabachie, Tex. (3212), succeeded by Citizens
Mar. 16,1931
National Bank in Waxahachie
_
_
The Broadway National Bank of Scottdale, Pa. (5974), absorbed by The
First National Bank of Scottdale_
_
__
Mar. 18,1931
The Gary National Bank, Gary, W. Va. (8333), succeeded by Gary National
Mar. 14,1931
Bank, Gary.__
The Metropolitan National Bank of Minneapolis, Minn. (9442), absorbed by
Mar. 20.1931
The North Western National Bank of Minneapolis
__
The Security National Bank of Collinsville, Tex. (12738), absorbed by The
Whitesboro National Bank, Whitesboro, Tex
_
Mar. 23,1931
The Austin National Bank, Austin, Minn. (4131), absorbed by The First
Mar. 24,1931
National Bank of Austin
_
The First National Bank of Dublin, Ind. (8804), absorbed by The First National Bank and Trust Company of Canihridgo City, Ind__
Jan. 13,1931
The Coggin National Bank of Brownwood, Tex. (9812), absorbed by The
Mar. 17,1931
Citizens National Bank of Brownwood
The First National Bank of Frankfort, Ind. (1854), succeeded by First State
Bank, Frankfort
Jan. 13,1931
The Citizens National Bank of Pawhuska, Okla. (7883), succeeded by The
Mar. 24,1931
Citizens-First National Bank of Pawhuska
_
The Home National Bank of Dell Rapids, S. Dak. (9693), absorbed by New
Jan. 13,1931
First National Bank in Dell Rapids.
First National Bank and Trust Company of Paris, 111.3 (3376), absorbed by
The Edgar County National Bank of Paris, and The Citizens National Bank
Mar. 27,1931
O Pari:
f
The Belmont National Bank, Belmont, Ohio (6391), absorbed by The First
National Bank of Bethesda, Ohio.
_.
Feb. 28,1931
The First National Bank of Doyle, Tenn. (10190), absorbed by Commerce
Union Bank of Nashville, Tenn__
_
. Apr. 2,1931
McDowell County National Bank of Welch, W. Va. (9071), succeeded by
McDowell County National Bank in Welch
1 Mar. 27,1931
The First National Bank of Durand, Wis. (10791), succeeded by The First
National in Durand
Apr. 2,1931
The First National Bank of Kingston, Okla. (9881), absorbed by The First
National Bank in Mod ill, Okla
Apr. 6,1931
The First National Bank of Weston, Ohio (6656), absorbed by The Citizens
Banking Company of Weston.
Apr. 14,1931
The First National Bank of Pawhuska, Okla. (5961), succeeded by The Citizens-First National Bank of Pa whuska_._
;
' Mar. 4,1931
The First National Bank of Whitman, N . Dak. (12464), succeeded by Bank
• of Whitman
_
_
Mar. 30,1931
The First National Bank of Davenport, Iowa (1 5), absorbed by Union Savings
Bank and Trust Company of Davenport.
_
.. Apr. 25,1931
The Farmers & Merchants National Bank of Rosevffle, 111. (12926), absorbed
by The National Bank of Monmouth, HI
_
_. Apr. 10,1931
The Farmers National Bank of Hillsboro, Tex. (3762), succeeded by Central
Bank and Trust Company of Hillsboro
_
Apr. 24,1931
The First National Bank of Oakford, HI. (8256), absorbed by The State
. National Bank of Petersburg, 111
_
Apr. 20,1931
The First National Bank of Scranton, N . Dak. (10405), absorbed by Bank of
Scranton
Apr. 24,1931
Thtf First National Bank of Newville, Ala. (9927), absorbed by Farmers State
Hank of Newville
Apr. 21,1931
The Exchange National Bank of Kastland, Tex. (12448), absorbed bv Texas
State Bank of Kpstland
I...
Apr. 16,1931 •
* Placed in charge of a receiver M:jy 4, .1931




Capital

$75,000
30,000
100,000
150,000
25,000
150,000
25,000
25,000
50,000
500,000
25,000
200,000
50,000
50,000
500,000
25,000
75,000
25,000
100,000
200,000
160,000
50,000
150,000
25,000
25,000
250,000
75,000
25,000
25,000
100,000
25,000
400,000
50,000
100,000
25,000
25,000
25,000
50,000

REI'ORT OF THE COMPTROLLER OF THE CURRENCY

183

TABLE NO. 5.—National banks reported in liquidation from November 1, 1930, to
October 31, 1931, the names, where known, of succeeding banks in cases of succession, with date of liquidation and capital—Continued
Name and location of bank

Date of
liquidation

Capital

First National Bank in Alvin, Tex. (12580), absorbed by The City National
Bank of Oalveston, Tex
_
_
_
_. Apr. 22.1931 I
$25,000
Central National Bank in Los Angoles, Calif. (13187)
Mar. 13,1931 j
500,000
The Grape Belt National Bank of Westfiold, N. Y. (12476), absorbed by The
National Bank of Wcstfield
Apr. 13,1931
50,000
The Day and Night National Bank of Pikeville, Ky. (11944), absorbed by The :
Pikeville National Bank, Pikeville..
Apr. 7,1931
100,000
The First National Bank of New Harmony, Ind. (6699), succeeded by New j
Harmony National Bank, New Harmony
j Apr. 26,1931
25,000
The First National Bank of Hillyard, Spokane, Wash. (9182), absorbed by |
United Hillyard Bank, Spokane.
_
_
I Apr. 29,1931 '
25,000
The First National Bank of Hawkins, Tex. (10728), absorbed by The First
National Bank of Quitman, Tex
_
Apr. 6,1931 i
30,000
4
The Seward National Bank and Trust Company of New York, N. Y . (13045),
succeeded by The Seward Bank of New York, which is to merge with Bank
of Manhattan Trust Company, New York
May 5,1931 ! 2,000,000
The Citizens National Bank of Irwin, Fa. (5255), absorbed by The First
National Bank of lrwin
_
; Apr. 11,1931 ;
100,000
The Home National Bank of Caney, Kans. (5516), absorbed by The Caney j
Valley National Bank, Caney.
_
i May 4,1931 j
40,000
The Puente National Bank, Puente, Calif. (11303), absorbed by The First
National Bank of Puente
! May 9,1931
25,000
First National Bank in Forest City, N. C. (13500), absorbed by Union Trust
Company of Shelby, N . C
_
__. May 8,1931
50,000
The First National Bank of Carthage, Mo. (3005), absorbed by The Central
National Bank of Carthage
100,000
May 12,1931 i
The Columbus National Bank of Paterson, N . J. (12895), absorbed by The
Second National Bank of Paterson
200,000
Apr. 9,1931 |
The First National Bank of Balston, Okla. (6232), succeeded by First Commerce Bank, Ralston
___
25,000
Dec. 31,1930 I
The Flora National Bank, Flora, 111. (11509), absorbed by The First National
65,000
Bank of Flora...
__
_
May 14,1931 i
The Delaware National Bank, Delaware, Ohio (7505), succeeded by The Dela150,000
ware County National Bank, Delaware
_
__
May 7,1931 j
The Irving National Bank, Irving, 111. (8647), absorbed by The Hillsboro
25,000
National Bank, Hillsboro, 111
_
_
Apr. 20,1931 j
The Broadway National Bank of ChieagD, 111. (12323), absorbed by Devon
200,000
Trust and Savings Bank, Chicago.._
Apr. 13,1931 !
The First National Bank of H emphill, Tex. (852'j), succeeded by First Nation25,000
al Bank in Ilempliill
May 21,1931 ;
First National Bank in Plainview, Tex. (13489), absorbed by The Plainview
100,000
National Bank, Plainview
May 15,1931 I
The First National Bank of Dyersville, Iowa (9555), succeeded by The DyersMay 21,1931 :
r>o, ooo
ville National Bank, Dyersville
The First National Bank and Trust Company of East Chicago, Ind. (7601),
200,000
May 15,1931 |
succeeded by The First National Bank in East Chicago.
The United States National Bank of Indiana Harbor at East Chicago. Ind.
(12058), vsucceeded by The Union National Bank of Indiana Harbor of East
200,000
do.
.'
Chicago
_.
50,000
The Athens National Bank, Athens, Tex. (6400}
Apr. 8,1931 j
The First National Bank: of Minneota, Minn. (6-113), absorbed by The Farmf
May 20,1931
30,000
ers and Merchants National Bank of Minneoia
The Alba National Bank, Alba, Tex. (6896), absorbed by The First National
May 19,1931 j
40,00i)
Bank of Mincola,Tex
May 27,1931 j
25,000
The First National Bank of Bennington, Okla. (7099)
_
The First National Bank of Rockford, Ohio (11S03), absorbed by The RockMay 26,1931 ;
50,000
ford National Bank, Rockford
The First National Bank of Juniata, Altoona, Pa. (8238), absorbed by The
May 25,1931 j
25,000
First National Bank of Altoona
The Long Island National Bank of New York, N . Y. (12885), absorbed by
May 29,1931 j
250,000
The National City Bank of New York
_
The Western National Bank of Hereford, Tex. (6812), absorbed by First State
May 26,1931
50,000
Bank of Hereford
.__
The Commercial National Bank of Salida, Colo. (7888), absorbed by The First
May 22,1931
50,000
National Bank of Salida
_
The Lamb's National Bank of Michigan City, N . Dak. (12023),succeeded by
25,000
Lamb's Bank of Michigan City
_
_
._. May 29,1931
The Citizens National Bank of Northwood, K. Dak. (9754), succeeded by
do
25,000
Northwood State Bank, Northwood
The First National Bank of Pitsburg, Ohio (9563), absorbed by The FirstMay 25,1931
25,000
Farmers National Bank of Arcanum, Ohio
The Merchants National Bank of Clinton: Iowa (3736), absorbed by The City
June 4,1931
100,000
National Bank of Clinton
The Bay Parkway National Bank of Brooklyn in New York, N . Y. (1308S),
absorbed by Lafayette National Bank cf Brooklyn in New York
:__ .j May 28,1931
200,000
The North National Bank of Kockland, Me. (2371), absorbed by The Rock- |
land National Bank, Rockland
' May 29,1931
100,000
4
With one branch in New York City.




184

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 5.—National banks reported in liquidation from. November 1, 1930, to
October 31, 1931, the names, where known, of succeeding banks in cases of succession, with date of liquidation and capital—Con tinned
Name and location of bank

Date of
liquidation

The First National Bank of Ravenswood, W. Va. (1.0750), absorbed by Jackson County Bank, Ravenswood
_
_
May 28,1031
The Fayette National Bank of Lexington, Ky. (1720), absorbed by First
National Bank and Trust Company of Lexington
June 2,1931
r
The City National Bank of Temple, Tex. (6317), absorbed by Farmers State
Bank, Temple
June 5,1931
East Hampton National Bank, East Hampton, N . Y. (7763), absorbed by
Osborne Trust Company of East Hampton
_
June 1,1931
Ti»e Peoples National Bank of Gate City, Va. (7135), succeeded by T h e
Peoples National Bank in Gate City
May 21,1931
The First National Bank of TVillits, Calif. (11566), absorbed by Bank of Willits. June 5,1931
The First National Bank of Ventura, Calif. (7210), absorbed by Bank of
America of California, Los Angeles, Calif
June 9,1931
The First National Bank of Brazil, Ind. (3583), absorbed by T h e Riddell
National Bank, of Brazil
do
T h e First National Bank of Saegertown, Pa. (11910), absorbed by First
National Bank of Meadville, Pa
_
June 5,193]
The First National Bank of Kaufman, Tex. (3836), absorbed by The Farmers
& Merchants National Bank of Kaufman
_
I June 16,1931
The First National Bank of Ashdown, Ark. (10486), succeeded by The First
National Bank in Ashdown
_
| May .19,1931
The First National Bank of Mount Angel, Oreg. (12193), absorbed by Bank
| June 10,1931
of Mount Angel
The First National Bank of Clarence, Iowa (7(>«2), absorbed by Clarence Sav- 1
June 19,1931
ings Bank, Clarence
T h e Liberty National Bank of Paris, Tex. (L2651), succeeded by The Liberty
j June 23,1931
National Bank in Paris
-..
The First National Bank of Borger. Tex. (13014), absorbed by Borger State
! May 16,1931
Bank, Borger
T h e First National Bank of "Whitewater, A is. (124), absorbed by Citizens !
Y
State Bank, Whitewater
_
The First National Bank of Hendricks, Minn. (6468), absorbed by The Farm- | June 27,1931
ers National Bank of Hcndricks
i June 25,1931
The Hartford National Bank, Hartford, Kans. (8197), absorbed by Hartford !
State Bank, Hartford
._
_
T h e First National Bank of Green Forest, Ark. (10422), succeeded by The ! June 23,1931
!
do
First National Bank in Green Forest
T h e Merchants National Bank of Pittsburgh, N . Y. (3174), succeeded by
I June 24,1931
Merchants National Bank in Plattsburgh
_
ThcGarfield National Bank, Gariield, Wash. (9185), absorbed by The State
National Bank of Garlleld
_. ' June 26,1931
T h e First National Bank of Ducor, Calif. (10301), absorbed by Bank of I
America of California, Los Angeles, Calif—..
_
_. June 18,1931
The Security National Bank of Florence, Colo. (12431), absorbed by The
June 20,1931
First National Bank of Florence
_
The Alpena National Bank, Alpena, Mich. (2847), absorbed by Alpena Trust
June 24,1931
& Savings Bank, Alpena
The Commercial National Bank of Lafayette. La. (13209), succeeded by The
June 30,1931
Commercial Bank of Lafayette & Trust Company, Lafayette
The First National Bank of McGchee, Ark. (132.S0), succeeded by McGehee
July 3,1931
Bank and Trust Company, McGehee
First National Bank and Trust Company of Middletown, N . V. (523), succeeded by T h e First Merchants National Bank and Trust Company of
Middletown
__
_ June 4,1931
The First National Bank of Gresham, Nebr. (8172), absorbed by Gresham
June 29,1931
State Bank, Gresham
T h e First National Bank of Angola, Ind. (7023), absorbed by Steuben County
May 15,1931
State Bank, Angola
1
_
First National Bank in Litchfiekl, Minn. (12859), succeeded by The .NorthJune 29,1931
western National Bank of Litchfield
American National Bank of Jamestown, N . Y. (9748), absorbed by Bank of
June 30,1931
Jamestown ..
_
The First National Bank of ltoseniount, Minn. (11770), succeeded by The
July 1,1931
First State Bank of Rosemount
_
The First National Bank of Marysville, Calif. (11123), absorbed by Bank of
America National Trust and Savings Association, San Francisco, Calif.
June 29,1931
The Merchants National Bank of Middletown, N . Y. (3333), succeeded by
The First Merchants National Bank and Trust Company of M iddletown..... June 4,1931
Paisley National Bank, Paisley, Oreg. (10432) absorbed by The Commercial
July 1.1931
National Bank of Lake view, Oreg
The First National Bank of Salida, Calif. (11G01), absorbed by Modesto Trust
June 26,193]
and Savings Bank, Modesto, Calif
_
The First National Bank of Valley Falls, Kans. (1181U), absorbed by Kendall
July 7,1931
Siate Bank, Valley Falls
The Eau Claire National Bank, Eau Claire, Wis. (2759), absorbed by Eau
July 9,1931
Claire State Bank, Eau Claire
_
The First National Bank of Quapaw, Okla. (11157), absorbed by Bank of
July 8,1931
Quapaw
The Cii y National Bank of Sweetwater, Tex. (11468), absorbed by The First
! June 5,1931
National Bank of Sweetwater
.




Capital

$35,000
300, 000
200,000
100,000
25, 000
50,000
300, 000
100,000
25, 000
100, 000
50,000
30, 000
30, 000
150,000
50. 000
300,000
25, 000
25, 000
25, 000
200, 000
25,000
25,000
25, 000
150,000
100, 000
100,000
100,000
30,000
75, 000
75, 000
300, 000
25,000
50,000
200,000
40, 000
25,000

;>;:>, o o o
150, 000
2a, 000
100,000

REPOKT OF THE COMPTROLLER OF THE CURRENCY

185

TABLE NO. 5.—National banks reported in liquidation from November 1, 1930, to
October 31, 1931, the names, where known, of succeeding banks in cases of succession, with date of liquidation and capital—Continued
Kama and locution of bank
The National Bank of Goldendale, Wash. (11750), absorbed by Pioneer State ;
Bank, Goldendale
July 14.1931
The Kearny National Bank, Kearny, N. J. (9661), succeeded by Kearny Na- •
tional Bank, Kearny.
: May 19,1931
The First National Bank of Weyauwega, Wis. (7470), absorbed by Farmers !
and Merchants Bank of Weyauwega
July 14,1931
The First National Bank in Siloara Springs, Ark. (13274), succeeded by The
Hutchings First National Bank of Siloara Springs
Dec. 8,1930
The Norway National Bank, Norway, Me. (1956), absorbed by Casco Mercantile Trust Company, Portland, Me
July 25,1931
The Peoples National Bank of Hillsboro, 111. (8006), absorbed by The Mont- :
gomery County Loan and Trust Company of Hillsbcro_._
do
The Second National Bank of Pittsburgh, Pa. ^776), absorbed by First Na- ,
tional Bank at Pittsburgh
July 24,1931
The First National Bank of Gulfport, Miss. (6188), succeeded by First National Bank in Gulfport, Miss
.. July 18,1931
The Security National Bank of Wichita Falls, Tex. (11762), absorbed by The '•
City National Bank of Wichita Falls, The First National Bank of Wichita
Falls, and Wichita State Bank & Trust Company of Wichita Falls
July 22,1931
The Citizens National Bank of Fairmont;, Minn. (11090), absorbed by The :
Fairmont National Bank, Fairmont
June 9,1931
Columbia National Bank of Portland, Oreg. (12613), absorbed by The Araeri- \:
can National Bank of Portland
July ]. 1931
The First National Bank of Gallitzin, Pa. (6442) succeeded by The First
National Bank in Gallitzin__._
July 29,1931
The First National Bank of Wheatcn, Minn. (6035), succeeded by First National Bank in Wheaton
July 31,1931
The Sturgis National Bank, Sturgis, Mich. (3276), absorbed by Citizens Trust :
& Savings Bank, Sturgis
_ . - ! July 1,1931
The First National Bank of Watertown, Ohio (6943)
Aug. 1,1931
The Guernsey National Bank of Cambridge, Ohio (1942), absorbed by The
Central National Bank of Cambridge
July 29, J931 j
The First National Bank of Middlebourne, W. V'a. (6170), succeeded by
j
United Bank of Middlebourne
__
__
July 15,1931 j
The Harriman National Bank, Harrinian, Tenn. (11915), absorbed by First
!
National Bank in Harriman
Aug. 3,1931 :
The First National Bank of Cowgill, Mo. (6926), succeeded by The First
j
National Bank in Cowgill
June 15,1931 !
The Commercial National Bank of Phoenix, Ariz. (11559), succeeded by Ari;
zona Bank, Phoenix
July 30,1931. !
The National Mechanics and Traders Bank of Portsmouth, N. II. (4G1), ab- ,
j
sorbed by The First National Bank of Portsmouth
i Aug. 1,1931 |
The Limerick National Bank, Limerick, Me. (2785), absorbed by Fidelity ;
;
Trust Company of Portland, Me
Aug. 6,1931 i
The First National Bank of La Moure, N. Dak. (6690), succeeded by First
StatoBankof L a M o u r e . . . .
= Aug. 1,1931
The American National Bank of Shreveport, La. (8440), succeeded by Com- :
mercial-Ameriean Bank & Trust Company, Shreveport
June 2,1931
The First National Bank of Goodland, Lid. (7863), succeeded by Goodland
State Bank of Goodland
July 28,1931
The Oklahoma National Bank of Gushing, Okla. (1205!), absorbed by The
First National Bank of Cus'iirg
Aug. 8,1931
The First National Bank of Bonner Springs, Kans. (9197), absorbed by Commercial State Bank, Bonner Springs
Aug. 11,1031
The Citizens National Bank of Blooming Grove, Tex. (7055), succeeded by
The First National Bank in Blooming Grove..Aug. 10. 1931
The First National Bank of Pearisburg, Vi\. (8091), succeeded by Giles County
Bank and Trust Company, Pcnrisburg
Aug. 17,1931
The First National Bank of 'Mineral Wells, Tex. (55L1), absorbed by The
State National Bank of Mircrul Wells
June 9,1.931
The Sidney National Bank, Si :iney, N, V. (382?), succeeded by First National !
Bank in Sidney
Aug. 18,1931
The First National Bank of tea bright, X. J. (5926), succeeded by First Na- ;
tional Bank in Sea Bright
i July 27,1931
The Farmers National Bank of ilaviiand, Ohio (10436), absorbed by The i
Farmers & Citizens Bank Company of Payne, Ohio
[ Aug. 18,1931 ]
The First National Bank of Ayden, N . C. (10792), succeeded by First National ;
j
.Hank in Ayden
July 24,1931
The First National Bank of Mackay, Idaho (11630), absorbed by First State :
i
Bank of ChaHis, Idaho
".
Aug. 20,1931
The Lebanon National Bank of New York, N . Y. (122.14), absorbed by Manu- i
facturers Trust Company, New York
i Aug. 18,1931
The Guardian National Bank of Chicago, 111. (12616), absorbed by LT nion Bank j
j
of Chicago.
July 27,1931 !
The First National Bank of Dillsboro, Ind. (6882), absorbed by Dillsboro ;
,
State Bank, Dillsboro
Aug. 21,1931 |
'The American National Bank of Passaic, N. J. (12834), absorbed by Peoples .
!
Bank & Trust Company of Passaic
Aug. 20,1931 j
The Monroe National Bank, Monroe, Jowa (7357), succeeded by Monroe !.
;
State Bank, Monroe
Aug. 7,1931!




Capital

$50,000
200,000
25,000
50,000
150, 000
60,000
300,000
400,000
200,000
50,000
275,000
25,000
25,000
100,000
25,000
50,000
30,000
50,000
35,000
100,000
100,000
50,000
50,000
300,000
50,000
50,000
25,000
50,000
100,000
60,000
100, 000
50, 000
25,000
75,000
25,000
500,000
.1,000,000
25,000
200,000
50,000

186

REPORT OF THE COMPTROLLER OF THE CURRENCY

NO. 5.—National banks reported in liquidation from November 1, 1980, to
October 31, 1931, the names, where known, of succeeding banks in cases of suci , with date of liquidation and capital—Continued
Name and locution of bunk
The First National Bank of Preston, Iowa (8273), succeeded by United Bank
& Trust Company, Preston
_
... .
The Searsport National Bank, Searsport, Me. (2642), absorbed by Merrill
Trust Company, Bangor, Me
Central National Bank of Portland, Oreg. (13294), absorbed by The Citizens
.National Bank of Portland
The National Bank of Marlow, Okla. (10205), absorbed by The First National
Bank in Marlow
The Colorado National Bank, Colorado, Tex. (2801), succeeded by Colorado
National Bank in Colorado
The First National Bank of Reading, Mass. (4488), succeeded by The First
National Bank in Reading
The Sanford National Bank, Sanford, Me. (5050), absorbed by Fidelity Trust
.Company, Portland, Me
The First National Bank of Phillips, Wis. <7434), succeeded by First National
Bank in Phillips
The Farmers National Bank of Topeka, Kans. (10390), absorbed by National
Rank of Topeka
The Ticonic National Bank of Waterville, Me. (762), absorbed by The
Peoples National Bank of Waterville, which changed its title to PeoplesTiconic National Bank of Waterville
Straus National Bank and Trust Company of New York, N. Y. (13254), absorbed by The Continental Bank & Trust Company of New York
The First National Bank of Huntington, Ind. (2508), succeeded by First
State Bank of Huntington
The First National Bank of Roscoe, Tex. (12800), absorbed by Koscoe State
Bank, Roscoe
The First National Bank of Washingtonville, N. Y. (9065), succeeded by First
National Bank in Washingtonville.
The First National Bank of Winamac, Ind. (7761), absorbed by Union Bank
and Trust Company of Winamac
The First National Bank of Ukiah, Calif. (10977), absorbed by Savings Bank
of Mendocino County, Ukiah._The Citizens National Bank of Delphi, Ind. (6980), succeeded by The Union
State Bank of Delphi
__
___
The First National Bank of Clendenin, W. Va. (7275), absorbed by Farmers
& Citizens State Bank, Clendenin
__.*
The First National Bank of Bertrand, Nebr. (8460), absorbed by First State
Bank, Bertrand
_
_
Foreman-State National Bank, Chicago, 111. (12403), absorbed by The First
National Bank of Chicago.—
_
The Iowa National Bank of Ottumwa, Iowa (1726), succeeded by Union
Bank and Trust Company of Ottumwa
„
The Citizens National Bank of Winchester, Ky. (2148),absorbed by The Clark
County National Bank of Winchester
_
The First National Bank of Eureka, 111. (10591), absorbed by The Farmers
State Bank of Eureka
The National Bank of the Republic of Chicago, 111. (4605), absorbed by Central
Trust Company of Illinois, Chicago, which changed its title to Central
Republic Bank and Trust Company
_
The First National Bank of Sumter, S. C. (3809), absorbed by The South
Carolina State Bank, Charleston, S. C
The National Bank of Leesvillo,S. C (9057), absorbed by South Carolina State
Bank, Charleston, S. C

The Old First National Bank of Mount Vernon, Ind. (12466), absorbed by The
Peoples Bank & Trust Company, Mount Vernon
The Labor National Bank of Jersey City, N. J. (12939), absorbed by New
Jersey Title Guarantee and Trust Company of Jersey City
Piketon National Bank, Piketon, Ohio (7039), absorbed by The First National Bank of Waverly, Ohio
_
The Tennessee National Bank of Johnson City, Tenn. (11839), absorbed by
The TJnaka and City National Bank of Johnson City
—
The First National Bank of Chardon, Ohio (4671), succeeded by Central
National Bank of Chardon
-.
The First National Bank of Ellorce, S. C. (10679), absorbed by The South
Carolina State Bank, Charleston, S. C
Tho Pearsall National Bank, Pearsall, Tex. (6989),succeeded by The Pearsall
National Bank in Pearsall.
The Third National Bank of Miami, Fla. (12887)
-The National Bank of Clarcmore, Okla. (10117), succeeded by The Bank of
Claremore.
Tho First National Bank of Aurora, 111. (38), succeeded by The First National
Bank in Aurora
The Peoples National Bank of McMinnville, Tenn. (2593), absorbed by The
City Bank & Trust Co., McMinnville
The First National Bank of Eureka Springs, Ark. (8495), succeeded by First;
State Bank of Eureka Springs
— -




Dale of
liquidation

Aug. 25,1931
Aug.

Capital

$25,000

4,1931

5ft 000

Aug. 26,1931

200,000

Sept. 3,1931

25,000

Sept. 1,1931

100,000

Aug. 28,1931

100,000

Sept. 5,1931

200,000

June 24,1931

25,000

Sept. 3,1931

150,000

Sept. 8,1931

200,000

Sept. 15,1931

2,000,000

Sept. 14,1931

200,000

July 31,1931

25,000

Aug. 18,1931

75,000

Sept. 28,1931

50,000

Sept. 23,1931

100,000

Sept. 15,1931

75,000

Sept. 30,1931

25,000

Sept. 26,1931

2.% 000

Aug. 25,1931

11,000,000

Aug. 20,1931

200,000

Sept. 30,1931

100,000

Sept. 25,1931

25,000

July 25,1931

11.000,000

Sept. 30,1931

100,000

do
Oct. 10,1931

50,000
400,000

Sept. 21,1931

100,000

Sept. 18,1931

400,000

Sept. 21,1931

25,000

Sept. 29,1931

200,000

Sept. 21,1931

100,000

Sept. 30,1931

50,000

Oct. 6,1931
Aug. 19,1931

75,000
400,000

Oct. 30,1931

50,000

Sept. 25,193 L

300,000

Oct. 17,1931

55,000

June 16,3.931

50,000

REPORT OF THE COMPTROLLER OF THE CURRENCY

187

TABLE NO. 5.—National banks reported in liquidation from November 1, 1930, to
October 81, 1931, the names, where known, of succeeding banks in cases of succession, with date of liquidation and capital—Continued
Name and location of bank
Tho Granville National Bank, Granville, N . Y. (4985), absorbed by The
Washington County National Bank of Granville
The First National Bank of Brockway, Pa. (5497), succeeded by The First
National Bank in Brockway
___
_
The Frontier National Bank of Eastport, Me. (1495), absorbed by Merrill
Trust Company of Bangor, Me
The First National Bank of Williamsburg, Va. (10882), absorbed by Tho
Peninsula Bank and Trust Company, Williamsburg
Th'e First National Bank of Kulm, N . Dak. (11069), absorbed by First State
Bank, Kulm
First National Bank of Avon-by-the-Sea. N . J. (12122), succeeded by First
National Bank in Avon-by-the-Sca
The First National Bank of Gackle, N . Df.k. (12853), succeeded by The First
State Bank of Gacklc
_
The American National Bank of Grand llapids, Mich. (13328), absorbed by
Home State Bank for Savings, Grand llapids, which changed its title to
American HomoSecurity Bank
Kimball National Bank, Kimtall, Nebr. (13440); absorbed by The American
National Bank of Kimball.
First and Tri State-National Bank and Trust Company of Fort Wayne, Ind.
(11), absorbed by The Old National Bank of Fort Wayne, which changed its
title to Old-First National Bank and Trust Company of Fort Wayne
The Farmers National Bank of Sunman, Ind. (8878), succeeded by Tho
Farmers Bank of Sunman
The Ottumwa National Bank, Ottumwa, Iowa (2621), succeeded by Union
Bank and Trust Company of Ottumwa..
Total (308 banks).




Date of
liquidation
Oct. ]9,1931

Capital

$f>0,000

Sept. 14,1931

35,000

July 15,1931

100,000

Aug. 29,1931

30,000

Oct. 17,1931

40,000

Oct. 15,1931

50,000

Oct.

3,1931

25,000

Oct. 16,1931

500,000

June 13,1931

50,000

Sept. 29,1931

2,250,000

Oct. 27,1931

25,000

Oct. 26,1931

100,000
59, 595,000

TABLE N O . 0. —Capital stock, surplus, undivided profits, and aggregate resources of banks consolidated under act of November 7, 1918, as
amended February 25, 1927, for the year ended October 81, 1931, as shown by their last reports prior to consolidation
Continuing banks

Closing banks
Charter
No.

Title and location

! Slate

Capital

Surplus

Undivided
profits

Aggregate Char
ter
resources
No.

Title and location

Capital

Surplus

Undivided
profits

Aggregate

3
S

Date of i

1930

13156 National Bank of i Miss... $125,000 $75,000
$2,461 $1,524,100 6188' The First National
$50,000 $59,469 $3,889,508; Sept, 24
$250,000
Gulfport.
!
Bank of Gulf port.
Bank of America of ! Calif... 20,000,000 7,000, 000 >, 038,663J 347,610, 255 13044 Bank of Italy Na- 50,000,000 15,000,000 12,872,679 923, 398, 677 ...do
California,
San
tional Trust and
Francisco.
Savings Association, San . Francisco.
Fayette Title and I Pa
150,000 550,000 203,252 0,423,28
081: The National Bank
181,276 9,068,569 . d o
200,000
800,000
Trust Company, '•
of Fayette County,
Lrniontown.
"
Uniontown.
4667! The Kanawha Na- | \V. Va.
250,000
150,000:
55,286',
4,204,452 3236 The Charleston Na563,853 15,781,510...-do
1,000,000. 1,000,000
tional Bank of ;
tional
Hank,
Charleston.
Charleston.
Federal Commercial M i c h . .
400,000 210,000. 175,573 8,468,771 4446 First National Bank
300,000
200,000 133,890' 6,002,418 ...do
and Savings Bank,
and Trust Comof Port Huron.
pany of Port Huron
13496 The Union National Pa
4462 The First National
100,000
100,000
100,000
39,365' 2, 762,487... do
0)
Bank of Sewickley.
Bank of Sewickley.
Colonial Trust Com- N. J . . . .
300.000
38, 611
1,871,66- 12570; Lincoln
600,000
300,000 138,202 4,035,816 . . . d o
National
150,000pany of Newark.
Bank of Newark.
I
!
First Bank and Trust TIL.
50,000
41,698;
.1,142,397 473;' The First National
50,000
50,000
100,000
60,381 2,476,459 . . . d o
Co. of Du Quoin.
Bank of Du Quoin.
05,000
American State Bank . .do
5,667!
1,518,473
100,000
of Berwyn.
20,000
Oakwyn State Bank, ; ...do
50,000
3,401!
086,48"
12426; /The First .National)
9,206
1,051,206 ...do
25 000
100,000
Berwyn.
Bank of Berwyn. /
15,000
Jlidgcland
S t a t e L..do
!O(),OOo!
11,833,
603,168
j Bank, Berwyn.
50,000
12822 First National Bank MLSS...
1,924,713. ..do
100,000^
7,423
7,764
1,094,688 10738 T h e Columbus Na100,000
100,000
I in Columbus.
! tional Bank, Co!
j
'• lumbus.
30,257
4,391,458 1IU03 The Boston National
12510 Continental National Mass..
22, 552'
6,581,540 - - .do
5oo,ooo;
125,000
625,000
: Bank of Boston.
i Bank, Boston.
1
1890 The Citizens Na- I n d . . .
7,692
913,063 Dec. 31
31,078
776,749
2844 Third National Bank
100,000;
50,000
150,000
5, (XX)
tional Bank of
i1 and Trust ComGrcensburg.
pany of Grecnsburg.
;




£"*
§§

1930
Nov. 1

Do.

Do.

i

Nov. 15
Nov. 22
Nov. 28

o

Nov. 29
Dec. 1

Dec. 15
Doc. 22
Dec. 26
Dec. 31

3

oJ.OiiUof SouthwoSo Virginia, W y t h e v i l K

4853
5433
8522
5958
1273
12285

283G

7909
II290
0071

The Harrison National Bank of Cadiz.
The Fourth National
Bank of Cadiz.
The First National
Bank of Granite
City.
The New Boston National Bank, New
Boston. 2
The Marietta National Bank, Marietta.
The Citizens National
Bank of Marlin.2
The Portage Park National Bank of Chicago.
Inland Trust and Savings Bank, Chicago.

100,000!

Vl,\)X.

I

Ohio....;

!00,000;

'<(),() 0

0,371.

(540,870.
!
1,324,730;

125,0
100,000

1)5,000

2,048

1,235,230!

100,000

2,391

1,905,384!

j
Tex...._

30,000

:JO, 000
253, 542!

Okla —

818

GO,

292,603;

Tex.___
111..

300, 000

00, 000;

,.do_...

300,000

150,000]

100, 000

25, 000

11,333
701,044 '

7,497 2,210,885]'
49,337

3,028,302};

/The First National"!
i Bank of Cadiz. J

65G41 The Granite City
• National Bank,
1
Granite City.
5630, The First National
: Bank of New Boston.
5345 The First National
Bank of Marietta.
5006 The Marlin National
Bank, Marlin.
n ,^ 0

i (The Irving Park Na-|
"••'~ < iionai Bank, Chi-f
cago.
j

890
380, 578' 10251
50, 000
25, 000
Miners Bank of NTes- Pa
quehoning.
50,000
22, 091
1,153,628' 0292
250, 000
The First National Tex
Bank of Gainesville. 2
25,000;
90,042|
253,601 1698
City T r u s t Com- Vt
100,000
pany, Burlington.
:
The Port Morris N.Y... 300, 000 250,000 111,076 3, 178, 674 12900
Bank, New York.
380, 713 12244
40,000 _
Commerce Union N. C._. 250, 000
Trust Company,
Asheville.
537, 583 2612
50, 000
8,434
50,000
The 3)earborn Na- Ind
tional Bank of Law renceburg.
198, 817 7994
2,411
7, 500
The Peoples National Ga
50,000
Bank of Quitman.3
209, 348 5018
50, 000
.0,000
:
U,342
The Van Zandi Coun- Tex.
ty National Bank of
\Vffls Point.a
I
1 New national bank did not report prior to consolidation.




100,000

50,000

5,000

1,105,897

Dec. 31 Dec. 31

75,000

25,000

5,138

508,506

—do.... Jan. 12

150,000

50,000

57,858

2,692,160

30,000

30,000

354,830

50,000

5,205

323,880

1931

.....
100

I1

..do.....I

1)012' Tlu». First NVuiontil
! Hank of Wytlio! ville.

3,033

100,000

1,525,401

...do....

Jan. 17

...do

Jan. 22

..do..

Feb.

3

..do..

Feb.

9

...do

Feb. 14

_..do

Feb. 21

303

l,932,925-_ .do

Feb. 27

270, 731

5,053,416 __ .do

Mar. 12
Mar. 28

300,000

i 00, 000

7i, 227

The First National
75, 000J
Bank of Nesquehoning.
The Lindsay Nation200, 000;
al Bank of Gainesville.
The Howard Nation500,000
al Bank of Burlington.
500,000
The Melrose National Bank of New
York.
200, 000
The National Bank
of Commerce of
Asheville.
125,000
The Peoples National Bank of
Lawrenceburg.
150,000
The First National
Bank of Quitman.
The First National
50, 000
Bank of Wills
Point.
2 Report used Sept. 24,1930.

75, 000

38,365

100,000
200,000

4, 112,552

.1, 181,203

150,000

45,899

!
1931
3, 753, 089, M a r . 25

100,000

23,569

2,954,754:._.do

Mar. 31

125,000

57,497

1,242,058 __.do

Apr. 4

57,500

2,398

844,590 . . . d o

28,000

6,471

492,039-. .do

Do.
Apr.

3 Report used Dec. 31,1930.
00

TABLE N O . 6.—Capital stock, surplus, undivided profits, and aggregate resources of banks consolidated wider act of November 7, 1918, as
amended February 2oy 1927, for the year ended October 31, 1931, as shown by their last reports prior to consolidation— Continued
Closing banks
Char
ter
No.

State

T i t l e a n d location

Capital

Continuing banks

Surplus

Undivided
profits

Aggregate

resources

Charter
No.

Title and location

Capital

Surplus

Undivided
profits

Date of
Date of consolireports dation

Aggregato
resources

*x
O
fcc

i

5874 T h e Peoples National
B a n k of Hoosirk
Falls.
T h e Valley Savings

Bank and Trust
Company, Chillicothe.
Millville Trust Company, Millville.
S163 The Farmers and
Merchants National Bank of Morris.
6671 The National Bank
of Montana, Helena.
Montana Trust and
Savings Bank, Helena.
The Citizens Bank,
Shelbyville.
3645 The Corsicana National Bank, Corsican a.
Merchants and Union
Trust Company,
Benton Harbor.

3S5D
7041

N.Y...

$100,000

$100,000

$115,510

$2, 675, 709 2471

The First National
"Rortlr
iJclLlK.

Ohio...

150,000

100,000

12,676

N.J....

100,000

20,000

10,466

Ill

100,000

100,000

12,889

1,028,364

Mont..

250,000

150,000

44,345

3, 734,304

128

2,017,690

533,241 5208
531

]

4396

_.do

150,000 . 100,000

21,468

2, 476,240

1

Tcnn..

50,000

40,000

296

612,928 10785

Tex.._.

300,000

200,000

2,316

2, 940, 587 3506

Mich..

200,000

200,000

6,151

137,802 10529

The Commercial Ohio...
Bank, Kenton.
The Taylor National To.t
Bank, Taylor.*
The Farmers and Ala
Merchants National Bank of Trov.

50,000

50,000

8,490

629, 570 2500

150,000

50,000

2,457

988,834

150,000

300,000

(H), 378




3027

1,677,199 5503

f+f
()I

1931
Apr. 11

^

__.do

May 13

g

140, 419

1,119,214 . . . d o

May 1
6

U

May 23

$100,000

$L80,182

200,000

200,000

78,136

3, 175,324

...do

150,000

80,000

1,649

1,151,764

100,000

100,000

J

11"r\/-voir»b"
J.1 UOhIt K

Falls.
The First National
BankofChillicothe.
The Mechanics National Bank of
Millville.
The Grundy County
National
Bank,
Morris.
fThp American Na-1
\ tionalBankof 11 el- \
[ ena.
j
1 1 J l v

!
1931
$2, 621, 551; M a r . 25

$1.00, 000

i l h l l l v l 1\ (ill

o
f

JL^C4 1

£

200,000

225, 000

10,013

4,615, 419 . . . d o

100,000

35, 000

6, 960

929,570'__.do

May 2'.)

J

500, 000

500,000

22, 480

•!,488,032i___do

June 'J

&

150,000

100,000

22,812

3, 319,452 . . . d o

June 6

C

July

C

O

The Farmers National Bank of Shelbyville.
The First National
Bank of Corsicana.
Farmers and Merchants National
Bank & Trust
Company of Benton xiciruor.

The First National
Bank of Kenton.
The First National
Bank of Taylor.
The First National
Hank of Troy.

50,000

86,000

499

150,000

15,000

0, 430

100,000

1.")(), 000

24, 532

638,812 June 30

I

1,689,497 ...do
1,367, 525!-.. ..(!<>

3

July 27
Aug. it

£

9425 Hoopeston National ! Ill

Bank, Hoopeston.
The American National Bank of Spartanburg.
The Merchants & N. C.
Farmers Bank,
Marion.
The Thomaston Na- Me...
t ional Bank, Thomaston.
First National Bank
in BlufTton.
The National Bank N."!
of Auburn.

100,000

20, 000

9,671

862,917 2S08

150,000

50,000

37,337

968,813 1848

47,000

9,000

5,173

323,002 6095

50,000

75,000

19,197

1,288,211 1142

100,000

50, 000

7,419

797,201 ! 13305

200,000

200, 000

172,957

5, 538,429 1345

The First Citizens Ohio... 2, 500,000 1, 500, 000
Trust Company,
Columbus.
1, 000,000
25, 000
7709 The Virginia National Va
Bank of Petersburg.
Bellwood Trust Com- Pa...
125,000
25, 000
pany, Bellwood.

125, 092

4,335, 020 50(55

15, 513

5, 209, 638 3515

10,855

670, 284 735(5

6658

890
13317
1350

23 State banks..

29 n a t i o n a l
banks.

25, 572, 000io, (>y-i, ooo 5,1)84, 263 388,229, i 42
5, 040, 000 2,132, 500 701,571 49, 784, 513 } • - -

The First National
B ank of Hoopeston.
First National Bank
of Spartanburg.
The First National
Bank of Marion.
The Georges National Bank of
Thomaston.
The Old National
Bank of Bluff ton.
The Cayuga County
National Bank of
Auburn.
The Ohio National
Bank of Columbus.

100,000

75,000

6,062

100,000

84,438

4,099,723

100,000

100,000

7,484

55,000

15,000

31,157

100,000

50,000

10,526

200,000

350,000

86, 666

Aug.

893, 080

500,000

.do..

1,094,980 ...do.

15

Aug.

17

Sept. 15

1,047,861 —do..... Sept. 16

B
i
hi

1,500,000 2, 500,000

819,843 _..do
4, 296, 682

do

55(5,323 55,546,825 Sept. 29

The National Bank
24, 368 3,678,124
400, 000
100,000
of Petersburg.
25,000
358,195
The First National
7, 150
45,000
Bank of Bellwood
47 national banks
60, 8fi(), 00053,82(5, 705 15,996,769 L,J 03,815,405

Sept. 17
Sept. 20
Sept. 30

Po.

I

* Report used Mar. 25,1931.




6

192

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 7.—National banks consolidated under act of November 7, 1918, their

capital, surplus, undivided profits, and aggregate resources, year ended October 81,
1931
ConI
soli- Charda- ter Title and location of bank I State
tion No.
No.

Date of
consolidation

Capital

6188 The First National Bank of

1930
Nov. 1

$400, 000

Miss...
Gulfport.
3236 The Charleston National W. Va..
Bank, Charleston.
4462 The First National Bank of Pa
418:
Sewiykley.
! 10738
First-Columbus National Miss...
422;
Bank, Columbus.
i 11903 Boston-Continental NaMass. _
423;
tional Bank, Boston.
424; 2844 Citizens Third National Ind
Bank & Trust Company
of Greensburg.
426! 100 The Union National Bank Ohio...
and Trust Company of
Cadiz.
427. 6564 First Granite City National Ill
Bank, Granite City.
428 5636 The First National Bank of Tex....
New Boston.
5345 The First National Bank of Okla—
Marietta,
5606 Marlin-Citizens National Tex....
Bank, Marlin.
430
10179 Inland-Irving N a t io 1 a 1 Ill
1
Bank of Chicago.1
431
6292 The First National Bank of Tex....
Gainesville.
433
2612 The Peoples National Bank Ind
of Lawrenceburg.
437
7994 Peoples-First N a t i o n a 1 Ga
Bank of Quitinan.
438
5018 The First National Bank of
Wills Point.
439
2471 The Peoples-First National T o x Bank of Hoosick Falls.
440
531 The Grundy County Nai
tional Bank, Morris.
lH
443! 4396 First National Bank &
Trust Company of Hel- Mont..
j
1
ena.
4441 3506 The First National Bank of
Tex....
i
Corsicana.
446 3027 First-T a y lor N a t i o n a l
...do...
Bank, Taylor.
449 5593
First Farmers and Merchants National Bank of
450
Troy.
451 2808; The First National Bank of Ill
Hoopeston.
452 1848 First National Bank of
Spartanburg.
454! 1142 The Thomaston National Me
Bank, Thomaston.
455!. 13305 Old-First National Bank in Ind....
Bluff ton.
456! 1345 The Auburn-Cayuga Na- N.V-..
^ tional Bank and Trust
Company, Auburn.
First National Bank and Va
458' 3515 Trust Company of Petersburg.

413,

4

429

i

I

Total (28 banks)
1

Also includes a State bank.




Surplus

Undivided
profits

Aggregate
resources

$50, 000 $127,480 $5, 292, 809

Nov. 15 1,062,500 1,062,500

386, 508 19,852, 543

Nov. 28

100,000

100,000

43, 673

Dec. 22

150, 000

100, 000

31,573

2,741,936

Dec. 26

1,000,000

150,000

15,621

30,708,600

Dec. 31

150,000

1931
Jan. 12

30, 000,
i

200,000

50, OCX)

Jan. 17

200,000

Jan. 22

30,000

Feb.

3

50,000

Feb.

9

200r 000

Feb. 14

525, 0(X)

100, 000

30. ooo:
io,ooo:.

2, 757, 930

1,520,213
10,000

2, 720, 243

50, OCX)

4,150,086

589

337,921
589,857

11,125

1, 726,

120,000:

38, 704

8, 382,184

792

Feb. 27

200,000

100,000

15, 351

1,851,286

Apr. 4

175,000

150,000

10,378

1,726,649

...do....

100, 000

35,000

25, 254

717,014

50,000

J r),ooo|

5, 320

474,018

Apr. 11 I 2(K), 000]

Apr.

200, OOO!

24 L, 010.

5,312,335

May

16 ; 150,000'

75,000,

10,000;

2, 030,494

May

23 j 300. 000

300, 0001

207, 4951
!

10, 108,030
0,039,285

I

June 2

600, 000

400,000.

52,510

July 27

150,000'

50, OOO!

22, 057.

1,001,795

Aug. 14

300, 000.

32,81.3;

2,770,836

400,000

Aug. 15

100,000

50,000;..

Aug. 17

500, 000

50,000

29,808

4, 027,168

Sept. 16

100,000

95,000:

32,000|

2,299,892

Sept 17

100,000

50,000

5,000 !

1, 331,035

Sept. 26

100,000

400,000

132,988;

9, 404, 3h5

Sept. 30

700, 000

150, 000

150,215

7,024,178

1,410,640

8,192, :»00| 4, 322.. 500j 1, 087,884 120, S72,154

TABLE N O . 8.—State banks and national banks consolidated under act of February 25, 1927 ^ their consolidated capital, surplus, undivided
profits, and aggregate resources, year ended October 31, 1931
Consolidation
No.

414
415
417
419
420
421
425
431
432
434
435
436

Title and location of State bank

Charter
No. of
! national
bank

Bank of America of California, San
Francisco. 1
i
Fayette T i t l e and T r u s t Company, i
J Uniontown.
j
Federal Commercial and Savings Bank, i
! of Port Huron.*
i C olon i al T r u s t C ompany of N e w a r k . . .
,: First Bank and T r u s t Co. of D u Quoin..
!
f Amp.rinnn Suite Bnnk of B e r w y n .
KOakwyn State Bank, Berwyn
\
!|Ri(igeland State B a n k , Berwyn
_!
; T h e Farmers Bnnk of Southwest Vir'
ginia, Wythoville.

Title and location of national bank

| State

Bank of Italy National Trust and Sav- : Calif..
ings Association, San Francisco.
I
G81 The National Bank of Fayette Coun- I Pa
ty, Uniontown.
j
4446 First National Bank and Trust Com- Mich .
pany of Port Huron.
12570 Lincoln National Bank of Newark.. ..: N. J___
4737 The First National Bank of Du Quoin J HI
i
12426 The First National Bank of Berwyn. _: 111
|
13044

Date of !
consoli- j Capital
dation

Surplus

Undivided
profits

Aggregate
resources

Increase in
authorized
capital

1930
Nov. 1 $50, 000,000 $45,000, 000 $10,944,567 $1,152,298,244

Nov. 1

500,000

500,000

64,299

12,925,240

$300,000

Nov. 22

600,000

500,000

200,000

14,133,675

300,000

Nov. 20
Dec. 1

600,000
100, 000

300,000
100,000

150,000
67,632

5,621,075
2,442,421

50,000

Dec. 15

175,000

50,000

62,457

3,181,675

75,000

The First National Bank of Wythe- ! Va
I Dec. 31
ville.
"
:
1931
; Inland T r u s t and Savings Bank, Chi10179 The Irving Park National Bank, Chi- : HI
Feb. 14
cago.
j Miners Bank of Nesquehoning
• 10251 The First National Bank of Nesque- Pa
Feb. 21
honing.
! City T r u s t Company, Burlington
101)8 The Howard National Bank of Bur- | Vt
Mar. 12
lington.
!
!
| T h e Port Morris B a n k , New York
j 12900 The Melrose National Bank of New i N. Y._ Mar. 28
York.
i
;
Commerce Union T r u s t Company, j
12244 The National Bank of Commerce of N. C__ Mar. 31
: Asheville.
I
Asheville.
i T h e Valley Savings B a n k and Trust
J23 The First National Bank of Chillicothe : Ohio.. Apr. 11

200. 000

100,000

10,000

1,754,280

100,000

525,000

] 20,000

38,704

8,382,184

5 75,000

100,000

75,000

37,206

1,481,342

25,000

600,000

200,000

241,950

5,744,106

100,000

525,000

275,000

717

5,620,829

25,000

300,000

100,000

26,617

3,158,929

100,000

300,000

300,000

50,965

4,992,979

100,000

441
I Company, Chillicothe.
442 ; Millville T r u s t Company, M i l l v i l l e . . . .

9012

5208

444 j M o n t a n a T r u s t and Savings Bank,
Helena. 3
445 ; T h e Citizens Bank, Shelby ville
.i

10785

447

10529

Merchants and Union T r u s t Company, I
Benton Harbor.

448 j T h e Commercial B a n k , Z e n ton
1

With 7ti brunches in the State of California,




4396

2500

The Mechanics National Bank of Mill- \ N. J __ May 13
250,000
1,645,168
50,000
10,803
100,000
ville.
;
300,000
10,108,030
The American National Bank of i M o n t . May 23
300,000
207,495
* 150,000
Helena.
j
100,000
1,543,013
100,000
The Farmers National Bank of Shel- Tenn.. May 29
29,980
byville.
275,000
3,342,674
75,000
13,580
125,000
Farmers and Merchants National Mich._ June G
Bank & Trust Company of Benton
Harbor.
1,157,663
50,000
The First National Bank of Kentou. . Ohio.. July 3
100,000
75,000
25,000
" With 4 brunches iu Port Huron.
•
This consolidation also includes a national bank.
* Decrease in capital.
CD
00

TABLE N O . S.—Stale banks and national banks consolidated under act of February 25, 1927, their consolidated capital, surplus, undivided
profits, and aggregate resources, year ended October 31, 1931—Continued
Consolidation
No.

Title and location of Stale bank

453 The Merchants & Farmers Bank, Marion.
457 The First Citizens Trust Company,
Columbus. 5
459 Bellwood Trust Company, Bellwood...




Charter
No. of
national
bank

Title and location of national bank

Date of
consolidation

State

Capital

Surplus

Undivided
profits

Aggregate
resources

1931

Increase in
authorized
capital

6095 ! The First National Bank of Marion... N . C . . Sept. 15

$125,000

$75, 000

$72,039

$1,505,533

$25, 000

50f>5

The Ohio National Bank of Columbus. Ohio.. Sept. 30

4,000,000

2, 500, 000

500,000

55,661,558

2, 500, 000

T:jofi

The First National Bank of Bellwood. P a . . . . Oct. 21

50,000

20,000

10,000

693,244

Total (23 State hanks with 21
national banks).
* Decrease in capital.

. . . . . .. .

5<>, 725, 000

r>o, Ki.r). ooo

12, 7«i-1,0U

1,297,393,842

25, 000
4,000,000
* 225, 000
3, 775, 000

5

With 10 branches in Columbus.

n
o
S

195

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 9.—Number and capital of State banks converted into national banking
associations in each State and Territory from 1863 to October 31, 1931

Stare or Territory

! Num.
I ber of
banks

Maine
New Hampshire-.
Vermont
Massachusetts....
Rhode Island
Connecticut

34
28
22
J90
52
65

New England States

34,605, 000
2,595, 000
2,029, 990
72, 691, 200
3 6,717,550
18, 932, 770

391 117, 571,510

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia.

241
50
122
6
36
6

Eastern States

125, 331, 291
9,820, 450
S3,834, 095
585, 010
10,249,372
1, 080, 000

401 | ISO,900,218

Virginia
"West Virginia...
North Carolina.
South Carolina.
Georgia._
Florida..
Alabama
Mississippi
Louisiana
Texas
Arkansas.
Kentucky
Tennessee
Southern States

Capital

67
34
38
48
31
21
34
19
12
140
4!
43
51
.. J

5,937,100
2,408,900
3,661,000
4,512. 000
6,637,000
2,165,000
4,660,000
1,560,000
3,575,000
10,042,500
2. 507, 500
6, OCX), 900
8,090,000

State or Territory

Number of

Capital

banks!

Ohio
Indiana
Illinois
Michigan...
Wisconsin..
Minnesota.
Iowa
Missouri...

$2, 890, 000
1,008,000
5,655, 000
3, 020,000
3,620,000
7,471, 000
2,185, 000
17,601,800

42
26
36
113
43
49

Middle Western States. .
North DakotaSouth Dakota.
Nebraska
Kansas
Montana
Wyoming
Colorado.
New Mexico...
Oklahoma.

360 i 44,350,800

Western StatesWashington .
Oregon
California
Idaho
Nevada
Arizona.

599 j 26,682,000

579 j 61,602,900

2, 760, 000
1,750,000
5,160. 000
4,182,000
1, 485, 000
320, 000
2,755,000
400,000
7, 870, 000

84
51
102
83
37
9
35
191

70
30
113
26
1
5

Pacific Si

6,625, 000
1,951.000
45, 272, 800
1,080,000
50.000
300. 000

245 i 55,278,800

• United States

j 2.035 480, 446,228

TABLE NO. 10.—Conversions of State banks and 'primary organizations as national
banks from March l/h 1900, to October 31, 1931
Con versions of
State banks
Classification
Number
Capital less than $50,000
Capital $50,000 or over
Total




Capital

Reorganizations
Primary organifrom state and
private banks and
zations
national banks
Number

Total

N

Capital

;

&TJ ^ W

897 $23, 908, 300 1,153 $30,542,000 2, 671 = $68, 940, 5004,721 $123, 390,800
819 183,317,800 739 110, 745, 000* 2, 033, 302, 720, 000 3, 591 602, 782,800

„ 1,710 207, 226, 100 1, 892 147, 287, 000

4, 704. 371, 000, 500; 8, 312; 726,173, 000

i

!

i

196

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 11.—Number of national banks increasing their capital, together ivith
the amount of increase monthly for years ended October 31, since 1926
1928

1927
Months

Nov
Dec
Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct

Number
6
20
35
22
22
23
15
21
35
17
11
11

_

Capital
$170,000
3, 640, 000
4, 032, 500
29, 900, 000
11,505,000
2, 820, 000
4, 575, 000
6, 913, 710
5, 775, 000
2,163, 000
12, 950, 000
1,740,000

Number

1929

Capital

Number

9 $18, 655,000
23 16, 780, 000
41
6, 760, 000
26
4. 715, 000
28 15,170, 000
31 23, 297, 500
12
1, 250, 000
26 19, 335, 000
25 14, 345, 000
12
1,910,000
16
5, 635, 000
19
3, 700, 000

6
21
34
42
33
34
24
37
28
27
14
35

1930

Capital

Number

$958, 333
8, 248, 000
11, 288, 000
32, 875, 000
22, 662, 500
5, 401, 000
15, 922, 592
19, 707, 500
36, 632, 500
14, 877, 200
2,602,500
10, 555, 000

22
25
35
28
17
15
10
20
19
9
6
13

Capital

1931

Number

$5, 932, 500
23, 615, 000
4, 763, 400
4, 850, 000
1, 870, 000
1, 071,000
46,122, 464
3, 305, 000
3, 562, 500
1, 585, 000
625, 000
1, 512, 500

Total.... i 238 180,184,210 ^268 2131,552,500 3 335 ' 181,730,125 ! * 225 * 99,414,364
1 Of these cases, 73 were effected
Of these cases, 77 were effected
3 Of these cases, 80 were effected
4
Of these cases, 68 were effected
* Of these cases, 12 were effected
2

wholly or in part
wholly or in part
wholly or in part
wholly or in part
wholly or in part

by stock
by stock
by stock
by stock
by stock

Capital
$1, 521, 539
1, 630, 000
1,196,000
420, 000
1, 575, 000
365,000
216,078
855,000
665,000
1,330,000
2, 655,000
1, 225, 000

10
14
9
9
12
6
3
13
8
3
5
6
5

98 : a 13, 652, 617

dividends aggregating $6,776,350.
dividends aggregating $16,809,000,
dividends aggregating $20,793,750.
dividends aggregating $6,085,130.
dividends aggregating $752,017.

TABLE N O . 12.—Number and authorized capital of national banks chartered and
the number and capital stock of banks closed in each year ended October 81, since
1913, with the yearly increase or decrease
Closed
Chartorod

Consolidated
under act
Nov. 7,1918

Year

No.
1914....
1915-_._
1916..-.
1917
1918....
1919....
1920
1921-...
1922....
1923....
1924....
1925..-.
1926....
1927-...
1928... .
1929-....
1930..__

1931—.

Capital

No.

195 $18,675,000
144 9, 689, 500
122 6,630, 000
176 11,590,000
164 13,400,000
245 21,780, 000
361 31, 077, 500
169 20,006,000
232 24,890,800
190 30,522,500
135 21,375,000
251 26,040,000
160 29, 705,000
135 43,570,000
113 26,160,000
141 38,195, 000
108 12, 240, 000
78 9, 690, 000

Loss to
capital

i $3, 220, 000
11,650, 000
1850,000
l 3,275, 000
12,675,000
11,255,000
11,660,000
14,455,010
13,407,000
i 6,857,500
14,780,075
11,355,000
l 2,882, 500

In voluntary
liquidation

No.

Capital

Insolvent

No.

! Net yearly
Net yearly
,j
increase
decrease
! (exclusive of
(exclusive of
j existing banks existing banks
j increasing
decreasing
j their capital) their capital)

Capital '' No. Capital

j

113 $26, 487, 000
i,
21 $1,810,000 61
82 13,795,000
14 1,830,000! 48
805.000!
]3
135 14,828,000
7 l,230;000| 62
~
.;
107 14,367,500
2
250,000! 94!
68 16,165,000
;
1
25, OOOi 13o $2, Lon.OOO
83 16, 380,000
5
205,000; 257:14,492,500'
84 14, 730, 000
34 1,870, OOOi 18
93 37, 075, 000
31 2,015, OOO!
690, 800
103 18,910, 000
53 3 , 4 0 5 , 0 0 0 . .
121 39, 290,000
155 40, 745,000 138 9,635,000...
6,420,0001 15 j 3, 492, 500
123 14, 467,500
153 28, 668,300 91 6,412,500!.._.
165 37, 495,000 135 8,257,000V-156 27, 381, 000 61 4,135,000....
221 98, 207, 500 79 6,575,000....
203 39, 230, 4002 104 8,356,000....
308 59, 595, 000 369 46,862,000....

No. ; Capital
$9,622, 000
5, 935, 500
20 9, 003, 000

4,007, 500
3,015,000
19,790,000
3 14, 747, 500
17430,260,000
114 8, 820, 810
176 4,439, 000
125 11,743, 500
70, 707, 575
288 35, 260, 400
599 96,809,500

1 Amount of capital stock reductions incident to consolidations.
2 Includes 7 banks with an aggregate capital of $725,000 restored to solvency. There was also one bankrestored with capital of $25,000 for which a receiver had been appointed prior to Nov. 1,1930. Also includes
2 banks with an aggregate capital of $250,000 which had been placed in voluntary liquidation by their shareholders during the current year, and 19 banks with an aggregate capital of $1,840,000 which had been placed
in 3 voluntary liquidation by their shareholders prior to Nov. 1,1930.
There was a decrease of 599 banks, considering the 8 banks restored to solvency and the 21 banks which
were in voluntary liquidation.




BEPORT OF THE COMPTROLLER OF THE CURRENCY

197

TABLE NO. 13.— Total number of national banks organized, consolidated under act
of November 7, 1918, insolvent, in voluntary liquidation, and in existence on
October 31, 1931

Organized

States, Territories, etc

Maine
.
New Hampshire
Vermont
Massachusetts...
Rhode Island
Connecticut
Total New England States.

113

Consolidated
In liquiunder net Insolvent dation
Nov. 7,
.1918

66
15
23
178
51
48

In existence

74

1
17
2
4

4
8
16
2
6

808

28

36

381

363

963
388

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia _

3
1

77
300
65
119

40
13
34

70
18
95

1
4

0

4

320
69
241
13
52
10

527
288
795
10
70
12

98

193

705

1,708

13
6
4
$

9
5

13
15

60
40
47
49
68
38
46
31
40
422
45
91
85

148
93
54
25
07
50
87
28

]

10
29
28
33
31
36
31
10
9
104
28

30
528
55
120
<!'">

1, [65

30
128

30

44
54
45
149
10
01

Total Eastern States_
Virginia
West Virginia....
North Carolina .
South Carolina. .
Georgia
Florida
Alabama
.
Mississippi
..
Louisiana
Texas
.Arkansas
Kentucky
Tennessee

2, 704

Total Southern States.
Ohio
Indiana
Illinois
Michigan..
Wisconsin
Minnesota
Iowa
Missouri

2, 909

81

383

1,068

1, 377

641
407

22
iO
13
8
0

SI

280
178
221
124
72
138

279

271
211
471
510
280

00
39
91
31
19

9

.134
32

174
120

198
113

Total Middle Western States....
North Dakota..
South Dakota..
Nebraska
Kansas
...
Montana
.
Wyoming
Colorado
New Mexico
Oklahoma

3, 551

70

490

1,313

1, 672

255
'210
384
438
191
57
200

3
1
1
4
3

89
75
58
55

74
57
162
144
64
20
60
30
380

237
168
133
113
J73
125
100
73
87
1,075

129
233
197

-9-

;

t

]
0

4
2
21

•\

180
402
J12
145

243

89

83
103
235
50
25
110

720

12

08
12
33
24
04

Total Western Stales.
Washington...
Oregon
.
California
Idaho
Utah
Nevada
Arizona

2, 547

27

478

997

1, 045

213
140
500
108
38
10
30

Ji
<

36
10

02
35

33
28
4
2
3

270
42

99
88
185
38
17
JO
12

Total Pacific States.
Alaska
._
The Territory of Hawaii
Porto Rico

1,045

122

44.3

449

]

4
1

SO
i

Total Alaska and insular possessions
Total United States, Alaska, and insular posses-!
sions

84044°—32— -14



;
j

5
(
5
1

i
.2
1
2

31

4
]r>

4

1

°0

258

1

12
13, 570

342

0

i

1,702

5

4,913

6,619

198

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 14.—Changes of corporate title of national banks} year ended October
81, 1931
Charter
No.

Title and location

City National Bank of Morristown, Tenn., to " T h e Hamblen National Bank of Morristown"
--,
The First National Bank of Havelock, Nebr., to " T h e Havelock National Bank of Lin9772
coln" to conform to change in name of place where bank is located, Havelock having
been annexed to Lincoln
_.
13062 The Sunrise National Bank of Baldwin, N . Y., to " T h e Sunrise National Bank and
Trust Company of Baldwin"
36 The American-First National Bank of Findlay, Ohio, to " T h e First National Bank and
Trust Company of Findlay"
_
8025

2048
9403
13507
13508
136G
13499
815L
12253
2142
11113
13335
975
9706
9652
8398

10619
C555
1294
7013
4907
8029
3285
11672
13569
880
11280

The Fergus Falls National Bank, Fergus Falls, Minn., to "Fergus Falls National Bank
and Trust Company " .
„
The Continental National Bank of Salt Lake City, Utah, to " T h e Continental National
Bank and Trust Company of Salt Lake City"
The Frost National Bank of Frost, Texas, t o " The Frost National Bank "
The Dyersville National Bank of Dyersville, Iowa, to " T h e DyersvilleNational B a n k " .
The National Bank of Commerce of Providence, Rhode Island, to " T h e National Bank
of Commerce and Trust Company of Providence"
First National Bank and Trust Company, Bloomington, III., to "First National Bank
and Trust Company of Bloomington"
__
The Pine Grove National Bank, Pine Grove, Pa., to " T h e Pine Grove National Bank
and Trust Company"
_
_
The First National Bank of East San Gabriel, Calif., to " T h e First National Bank of
San Gabriel," to conform to change in name of place where bank is located
The National Bank of Schwenksville, Pa., to " T h e National Bank and Trust Company
of Schwenksyille "
The First National Bank of Mineral Springs, Ark., to " T h e First National Bank of
Nashville"
_
The Arcadia National Bank, Arcadia, Los Angeles County, Calif., to " T h e San Marino
National Bank," San Marino, Los Angeles County, Calif
The Farmers National Bank of Ashtabula, Ohio, to " T h e Farmers National Bank and
Trust Company of Ashtabula".
The Central National Bank of York, Pa., to " T h e Central National Bank and Trust
Company of York"_._
The National Copper Bank of Salt Lake City, Utah, to "Security National Bank of Salt
Lake City"
_
The Peckskill National Bank, Peekskill, N . Y., to " T h e Peekskill National Bank
and Trust Company"
The First National Bank of Canby, Oregon, was moved from Canby, County of Clackamas to Aurora, County of Marion, Oregon, and title changed to " First National Bank
in Aurora"
The Kenmare National Bank, Kenmare, N . Dak., to " First KenmareNational B a n k " .
The Catskill National Bank, Catskill, N . Y., to "Catskill National Bank and Trust
Company"
Central National Bank of Battle Creek, Mich., to "Central National Bank and Trust
Company of Battle Creek"
The Springfield Chapin National Bank and Trust Company, Springfield, Mass., to
"Springfield National Bank"
The First National Bank of Kramer, N . Dak., to " First National Bank in Bottineau".
The Old National Bank of Fort Wayne, Ind., to "Old-First National Bank and Trust
Company of Fort Wayne"
The First National Bank of Kaymond, Wash., to " First Willapa Harbor National Bank
of Raymond"
The Central National Bank of Chardon, Ohio, to "Central National Bank of Chardon".
The Peoples National Bank of Waterville, M aine, to " Peoples-Ticonic National Bank of
Waterville"
First Seattle Dexter Horton National Bank, Seattle, Wash., to "First National Bank
of Seattle"
_




Date

1930
Nov. 6
Nov. 13
Dec.

1

Dec. 23
1931
Jan.

3

Jan. 17
Jan. 20
Do.
Jan. 21
Jan. 23
Jan. 28
Feb.

2

Mar. 2
Mar. 10
Mar. 30
Apr.

1

Apr.

9

Apr. 10
May 8
May 29
June 9
July

1

Do.
July 7
Aug. 8
Aug. 13
Sept. 4
Sept. 10
Sept. 16
Oct. 31

REPORT OF THE COMPTROLLER OF THE CURRENCY

199

TABLK N O . 15.—Changes of corporate title incident to consolidations of national
banks and of State banks with national banks, year- ended October 31, 1931
Bank of America of California, San Francisco. Calif., and Bank of Italy Rational Trust and Savings Association, San Francisco (13044), consolidated rnder the charter of the lattor with title: Bank of America
National Trust and Savings Association.
Federal Commercial and Savings Bank, of Port Huron, Mich., and First National Bank and Trust Company of Port Huron (4410), consolidated under the charter of the latter with title: First; National Trust
and Savings Bank of Port Huron.
American State Bank of Benvyn, Oakwyn State Bank, Berwyn, Ridgeland State Bank, Berwyn, Til.,
and The First Nai ioual Bank of Berwyn (12426), consolidated under the charter of the latter with title:
First American National Bank and Trust Company of Berwyn.
First National Bank in Columbus, Miss. (12822), and The Columbus National Bank (10738). consolidated
under the charter of the latter with titla: First-Columbus National Bank.
Continental National Bank of Boston, M ass. (12540), and The Boston National Bunk (J 1908), consolidated
under the charter of the latter with title: Boston-Continental National Bank.
The Citizens National Bank of Greensburg, Jr.d. (1390), and Third National Bank mid Trust Company
of Greensburg (2844), consolidated under the charter of the latter with title: Citizens Third National
Bank & Trust Company of Greenshurg.
The Fanners Bank of Southwest Yirginii, A ytheville, Va., and The First National Bank of Wytheville
V
(9012), consolidated under the charier of the latter with title: The First National Farmers'Bank of
Wythoville.
The Harrison National Bank of Cadiz, Ohio (1417), The Fourth National Bank of Cadiz f4853), and The
First National Bank of Cadiz (100) consolidated under the charter of the latter with litlo: The I'nion
National Bank and Trust Company of Cadi/..
The First National Bank of Granite City, 111. (5433), and The Granite City National Bank (/>'>04), consolidated under the charter of the latter with title: First Granite City National Bank.
The Citizens National Bank of Marlin, Tev.s (12737), and The Marlin National Bank (o'KKi). consolidated under the charter of the latter with title: Mnrlin-Citizens National Bank.
The Portage Park National Bank of Chicago. 111. (12285), Inland Trust and Sayings Bank, and The Irving
Park National Bank (10179), consolidated under the charter of the latter with title: Inland-Irving National Bank of Chicago.
The First National Bank of Gainesville, Texas (2830), and The Lindsay National Bank of Gainesville
(6292), consolidated under the charter of the latter with title: The First National Bank of Gainesville.
City Trust Company, Burlington, Vt. and The Howard National Bank of Burlington, (1698), consolidated
under the charter of the latter with tit le: The Howard N ational Bank and Trust Company of Burlington.
The Port Morris Bank, New York, N . Y., and The Melrose National Bank of New York (12900), consolidated under the charter of the latter with title: The National Bronx Hank of New York.
Commerce Union Trust Company, Asheville. -V C. and The National Bank of Commerce of Asheville
(12244), consolidated under the charier of the latter with title: First National Bank & Trust Company
of Asheville.
The Dearborn National Bank of LawreiKeburg, Ind. (7909), and The Peoples National Bank of Lawicnceburgh (2612), consolidated under the charter of the latter with title: The .Peoples National Bank, of
Lawrcnceburg.
The Peoples National Bank of Quit-man, Ga. (11290), and The First National Bank of Quitman, (7994),
consolidated under the charter of the latter with title: Peoples-First National Bank of Quitman.
The Peoples National Bank of Hoosick Fills, N. Y. (587-1), and The First National Bank of Jioosick Falls,
(2471), consolidated under the charter of the latter with title: The Poopics-Fir^t National Hank of
Hoosick Falls.
Millville Trust Company, Millville, N. J.,and The Mechanics National Bank of Millville (520S), consolidated under the charter of the latter with title: The Mechanics National Bank and Trust Company of
Millville.
The National Bank of Montana, Helena, Mont. (5671), Montana Trust and Savings Bank and The American Nation?)]. Bfink of Helena (-1390), consolidated under the charter of the latter wild iirlo: First National Bank & Trust Company of Helena.
The Citizens Bank, Shelbyvillc, Term., and The Farmers N ational Bank of Shelby vilie (107S">), consolidated
under the charter of the latter with title: First National Bank of Shelbyville.
The Commercial Bank, Ken ton, Ohio, and The First National Bank of Ken ion (2600), consolidated under
the charter of the latter with title: The First Commercial National Bank of Kenlon.
The Taylor National Bank, Taylor, Texas (3859), and The First National Bank of Taylor (H(te7), consolidated under the charter of the latter with title: First-Taylor National Bank.
The Farmers and Merchants National Bank of Troy, Ala. (7044), and The First .National Bank of Troy
C5593), consolidated under the charter of the latter with title: First Farmers and Merchants National
Bank of Troy.
The Thomaston National Bank, Thomaston, Maine (890), and The Georges "National Bank of Thomaston (1142), consolidated under the charter of the latter with title: The Thomaston National Bank.
First National Bank in Uluflton, Ind. (13317), and The Old National Bank of BhuTton (13305), consolidated
under the charter of the latter with title: Old-First National Bank in Bluff ton.
The National Bank of Auburn, N . Y. (1350), arid The Cayuga County National Bank of Auburn (1345).
consolidated under the charter of the Litter with title: The Auburn-Cayuga National Bank and Trusi
Company.
The Virginia National Bank of Petersburg, Va. (7709), and The National Bank of Petersburg (3515).
consolidated under the charier of the latter with liile: First. National Bank and Trust Company of
Petersburg.




200

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 16.—National banks chartered during the year ended October 31, 1931
Charter
No.

Title

13506 The Hutchings First National Bank of Siloam Springs.
13520 Phillips National Bank of Helena
13534 The First National Bank in Ashdown
13543 The First National Bank in Green Forest
Total (4 banks).

Capital

$50,000
100,000
25,000
25,000
200,000

13510

The Hollister National Bank..

13536

The Rifle National Bank

13570

The Florida National Bank and Trust Company at Miami..

400,000

13550

The National Bank of Fitzgerald-

100,000

100,000
25,000

13499 First National Bank and Trust Company, 1 (located at Bloomington)
13525 The First National Bank of Smithton
13565 The First National Bank in Aurora
Total (3 banks)

13503
13531
13532
13542

300,000
25,000
200,000
525,000

The Bozeman Waters First National Bank of Poseyville.
The First National Bank in East Chicago
The Union National Bank of Indiana Harbor at East Chicago.
New Harmony National Bank
Total (4 banks).

50,000
200,000
200,000
40,000
490,000

IOWA

13508 The Dyersville National Bank of Dyersville 2 .
13538 First National Bank in Sioux City
Total (2 banks)
13573

25,000
400,000
425,000

Calcasieu National Bank in Lake Charles

900,000

M ASSACIIUSETTS

1355S

The First National Bank in Reading..

13513 The First National Bank in Manistique_._
13522 The Citizens National Bank of Cheboygan.
Total (2 banks).
13518
13544
13547
13556
13561
13564

100,000

50,000
50,000
100,000

First National Bank in Paynesville
The Luverne National Bank___
First National Bank in Anoka
_
First National Bank in Wlieaton
...
The Klein National Bank of Madison
The Northwestern National Bank of Dawson.

25,000
50,000
50,000
50,000
50,000
25,000

Total (6 banks).

250,000

13551 First National Bank in Meridian .
13553 First National Bank in Gulfport..

400,000
400,000

Total (2 banks)

800,000

._

1 Title changed to "First National Bank and Trust Company of Bloomington."

2
Title changed t o ' ' The Dyersville National Bank."



BEPORT OF THE COMPTROLLER OF THE CURRENCY

201

TABLE NO. 16.—National banks chartered during the year ended October 81, 1931—
Continued
Charter
No.

Capital

Tiile

The First National Hunk of Mourn Yernon
Lafayette National Hank and Trust Company of Luxemburg.
The First National Bank in Covgill

13504
13514
13546

$25,000
50,000
30,000
105,000

Total (3 banks)
13515 The Hastings National Bank...
13557 First National Bank in Ord...
13568 The National Bank of Neligh.

100,000
60,000
50,000

Total (3 banks)

210,000
NEW JEKSKY

13530 The First National Bank of Haddon Heights.
13537 Koarny National Bank
13540 Linden National Bank
13552 First N ational Bank in Sea Bright
13560 First National Bank in Avon-by-the-.^ca
13574 First National Bank in Rockaw-iy. _

100,000
200,000
200,000
50, 000
50, 000
J 00. 000

Total ((> banks).

700,000
N£\Y YORK

13521 The National Bank of Argyle
13528 The First Merchants National Bank und Trust Company of Middletown..
13545 First National Bank in AVashingtonvilie
13548 Merchants National Bank in Flattsburg
13559 First National Bank in Montgomery
13563 First National Bank in Sidney.
..
13567 First National Bank in Highland Falls...
13575 First National Bank in Greene...
...

40,000
250,000
50,000
200, 000
40,000
100,000
150, 000
50,000
880, 000

Total (8 banks).
NOKTH CAROLINA

First National Bank in Forest City "...
The Union National Bank of L c n o i r . . .
First National Bank in A yd en.
..

13500
13523
13554

I

Total (3 banks).

225,000
NORTH DAKOTA

13501

First National Bank in Garrison

13535
13569

The Delaware County National Ban A (located at Delaware).
The Central National Bank of Chard on 4
i
I

50,000
150,000
2!>, 000

_._•

25,000
100,000
50,000
150,000

Total (2 banks)

I

|

OKLAHOMA

100,000

13527 ! The Citizens-First National Bank of Pawhuska....
;

J3576

OliK'iON

400,000

The First Inland National Bank of Peiidlrlon
PENNSYLVANIA

13524 The Miners National Bank of Namicoke
13533 The First National Bank in GaJitzin..
_
13506 The First National Bank in Brock way
.
13571 The Logan National Bank and Trust Company of New KensingtonTotal (-1 bank?.).
?

Placed in voluntary liquidation on '-May ?s.. 1931.
* Title changed to ''Central National Bank of Chardon."




300,000
50,000
65, 000
300,000
715,000

202

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 16.—National banks chartered during the year ended October 31, 1931—
Continued
Charter
No.

Capital

Title

SOUTH DAKOTA

13517
13549

The Northwestern National Bank of Madison..
The First National Bank of Ethan

$50,000
25,000

Total (2 banks)

75,000
TENNESSEE

13539

The Hamilton Xational Bank of Knoxville

500,000

TEXAS
13507
13511
13516
13519
13526
13541
13555
13562
13572

The Frost National Bank of Frost 5
The First National Bank of Piano
Citizens National Bank in Waxahachie
Citizens National Bank in Saint Jo
First National Bank in Hemphill
The Liberty National Bank in Paris
The First National Bank in Blooming Grove.
Colorado National Bank in Colorado
The Pearsall National Bank in Pearsall
Total (9 banks)

40,000
50,000
160,000
25,000
25,000
100,000
25,000
100,000
25,000

_

540,000

VIRGINIA

13502

The Peoples National Bank in Gate City

50,000

WEST VIRGINIA

13505 Gary National Bank, •
13509 The National Bank of Commerce of Charleston.._
13512 McDowell County National Bank in Welch

100,000
200,000
250,000

Total (3 banks)

550,000
WISCONSIN'

13529 The First National Bank in Durand

_.

50,000

Total, United States (78 banks)
6

9,690,000

Title changed to "The Frost National Bank."

» Keceiver appointed Oct. 15, 1931.

TABLE N O . 17.—National banks chartered which are conversions of State banks
during the year ended October 31, 1931
Charter
No,

Title and location

State

Approxisur- ApproxiDate of Authorized mate and
plus
charter
capital
undivided mate assets
profits

1930
The National Bank of Commerce of W,Va_ Deci 15
Charleston!
13515 The Hastings National Bank, Hastings.. Nebr.. Dec, 31

$200,000

$37,357

$1,130,920

100,000

45, 273

1,905,633

1931
13524 The Miners National Bank of Nanticoke.. P a . . . . Jan, 30
13525 The First National Bank of Smith ton
Ill
Jan, 31
13549 The First National Bank of Ethan..
S.Dak. M a y 21
Nebr
13568 The National Bank of Neligh
Aug, 12

300,000
25,000
25,000
50,000

141,839
12,583
8,988
12,451

3,657,435
261,827
147,284
352,231

700,000

258,491

7,455,330

13509

Total [fi banks)




REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 18.—National banks3 by States and geographical divisions,

203

organized,

failed, and reported in voluntary liquidation during the year ended October 81,
1931
Organized
States

Num- Authorized Number
capital ber

Maine
New Hampshire.
Massachusetts...

Assets

Number

880,000
700,000 •
715,000
18

Virginia—
West Virginia...
North Carolina _
South Carolina..
Georgia
Florida
Alabama..Mississippi
Louisiana.Texas
Arkansas
Kentucky
Tennessee

2,21)5,000 j

II ! 1.300.000

17

$1. 245.000 $20,792,100
16,807, 521
1,225.000
8,400,000 134,902,008
252, 000
4.217,446

02 I 11,122.000

176,719,084 I

575. 000 2 5.058, 763
1,235,000 3 12,908,750
1.945,000 * 12, 526,630
540. 0(X) s 2, 533,494
375, 000
2,827,336
1,085, 000 11,923,575
810,000
5. 013. 087
1.410,000
15,058, 361
25,000
309, 341
2, 545,000 6 22,617,567
800, 000 7 » 6 , 145.840
5.225, 000 52, 462. 550
' 935. 000 16,784,115

50,000
550,000
225, 000
100,003
400,000
800.000
900,000
540,000
200.000

1

500, 000

26 | 4,205, 000

1.14

17, 505, 000 166,169,409 j

150, 000
490, 000
525, 00)
100, 000
50, 000
250, 000
425, 000
105,000

18
8
42
12
4
J6
27
12

2, 00,% 00-)

\ :-;9

1 a, 025, 000 143,377, 61»X

(i. 400, 000
1. 100.000

yfio. ooo
150.000

Total Middle Western States

23

Gross Hsse

$14,371,499
1, 1KKJ, 184
2, 299.021
18,576,704
57,265,352
12,061,771)
22. 977.932
1.S!M>'. 517

3 7 I S. 610. 000 j s.'4.204,f>10
I'M. 000
390.000
200. 000
225. 000
300. 000
450.000
22,-). 000
400. 000
400.000
J ;
3, 3o0. 000
2|
425. (KM)
t;
725. 000
630. 000
5i

?!

ii

1, 860, 000 9 15,134. 399
975,000 w 7, 634, 876
6, 500, 000 1169,682,201
.1,010,000
11,220,425
635.000
4,807,914
625, 000 12 7, 266, 867
2, 715, 000 3 22, 552, 357
705, 000
5. 078, 589

Ohio
Indiana
Illinois
Michigan..
WisconsinMinnesota .
Iowa
Missouri...

Capital
S850.000
250.000
200.000

100,000

New York_. _.
New Jersey.. _
Pennsylvania.
Maryland

Total Southern States.

Capital

Vohmlary liquidations

$.100,000

Total New England
States..

Total Eastern States.

Failed

2. 026,254
(i, 717.322
1,0791273
1.641,919
1,000,331
1.907,421
1,181,7%
5.114,251
3; 535,702
24.631,781
3,314.500
10.333,782
5.447.634

So I 7,885. 000 i HS. 531. 906
2, 400, 000 32, 224, 685
4, 300. 000 44, 535.194
25,015.000 399.651,913
7,149. 273
850. 000
193 737
375. 000
5, 193, 737
1.055.000
19,470.053
1,755,000
IS, 912. 701)
135.000 ! 1. 082.911
105

:ir>. 8S/S, 000 i 528, 250. 175

1 Includes 3 banks with capital aggregating $325,000, one of which hud assets of $115,774, previously
reported in voluntary liquidation.
2
Includes 1 bank with capital of $50,000 and assets of $121,071 previously reported in voluntarv liquidation.
3 Includes 1. bank with capital of $100,300 and assets of $272,511 previously reported in voluntary liquidation.
4
Includes 2 banks with capital aggregating $575,000 restored to solvency.
* Includes 1 bank with capital of $200,000 and assets of $763,294 previously reported in voluntary liquidation.
6
Includes 1 bank with capital of $200,000 and assets of $ 1,366,344 previously reported in voluntary liquidation.
7
Includes 5 banks with capital aggregating $150,000 restored to solvency.
8 Includes 2 banks with capital aggregating $.100,000 and assets of $276,720 previously reported in voluntary liquidation.
• Includes 3 banks with capital aggregating $235,000 and assets of $189,009 previously report od in voluntary liquidation.
1° Includes 2 banks with capital aggregating 8240,000 and assets of $1,008,492 previously reported in voluntary liquidation.
" Includes 2 banks with capital aggregating $225,000 previously reported in voluntary liquidation.
w Includes 2 banks with capital aggregating $65,000 and assets of $69,997 previously reported in voluntary
liquidation.
" Includes 1 bank with capital of $100,000 previously reported in voluntary liquidation.




204

REPORT OF THE COMPTROLLER OF THE CUBBENCY

TABLE N O . 18.—National banks, by States and geographical divisions, organized^
failedy and reported in voluntary liquidation during the year ended October 311

1931 —Continued

Num- Authorized Number
capital
ber
1
2
3

13
13
5
4
3
3

Number

Assets

Capital

$355,000 » $2, 507,573
4,597,661
480,000
3, 588, 222
350,000
2, 216, 402
225,000
598,144
85,000
471,115
95,000

Capital

Gross assets

$290,000
75,000
345,000
315,000
50,000
250,000
25,000
1,760,000

$2,379,951
350,423
3,688,845
2,317,355
437, 235
1,515,342
96,455
18,762,158

1

Total Western States.

25,000

1

North Dakota
South Dakota
N ebraska
Kansas
Montana
Colorado
New Mexico
Oklahoma
W ashington
Oregon
California
Idaho
Arizona

Voluntary liquidations

Failed

Organized
States

100,000

2

50,000

266,921

10
2
5
6
1
5
1
16

8

435,000

43

1,640,000

14,246,038

46

3,110,000

29, 547,764

310,000
75,000
1,160,000
25,000

" 1, 579, 761
461, 338
14,305,490
111, 514

3
4
13
2
2

100,000
545,000
1,935,000
75,000
150, 000

1,312,358
2,849, 528
17,361, 848
656, 077
1,618, 760

1. 570, 000

$25,000
75,000
210,000

. .

1
1

400,000
100,000

3
2
5
1

Total Pacific States. _

2

500,000

11

Total United States-

78

9,690,000

369

i

16, 458,103

24

2,805, 000

23,798, 571

46, 862, 000 516, 970, 262

308

59, 595,000

762,910, 090

Includes 1 bank with capital of $50,000 and assets of $97,530 previously reported in voluntary liquidation.
Includes 1 bank with capital of $200,000 and assets of $344,294 previously reported in voluntary liquidation.
TABLE N O . 19.—Number and classification of national banks chartered monthly
during the year ended October 31, 1931
Conversions

Reorganizations

Primary organizations

Total

Months
Number
NTnvp/mbfii*

December..
January _
February
March. _ _
April
May..
June
July
August
September
October
Total.




Capital

2
2

$300,000
325,000

1

50,000

6

700,000

Capital

25, 000

1

Number

$100,000

1

i

I

500,000

Capit.nl

Number

Capital

5
11
6
5
3
13
3
10
6
6
2

$475, 000
890, 000
340,000
525,000
450,000
1, 745, 000
350,000
1,200, 000
540,000
1,825, 000
150,000

5
13
9
5
3
13
4
10
6
7
2
1

$475,000
1,190,000
765, 000
525,000
450,000
1, 745, 000
375,000
1, 200. 000
540, 000
1, 875, 000
150,000
400,000

70

8, 490,000

78

9,690,000

400,000

2

Number

REPOET OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 20.—Principal items of resources and liabilities of national

205
banks,

classified according to capital stock, December 31, 1930
CAPITAL STOCK OF LESS T H A N $50,000
fin thousands of dollars]

I
Location

Number of
hanks

Loansand Bonds
discounts, and secu- Aggregate Capital
including rities
resources
overdrafts owned

Surplus

and undivided
profits

Total
deposits

COUXTKY BANKS

Maine
New Hampshire..
Vermont
Massachusetts
Connecticut

Total Eastern States.

96
28
183
3
18

113
385
643
566
428

310
1,010
1,740
2.034
1, 360

3, 038

Total New England States.
New York
New Jersey
PennsylvaniaDelaware
M aryland

25
75
75
125
75

120
436
939
848

2, 135

6, 454

375

24, 709
10,173
42,107
625
5, 602

27, 407
6, 979
44. 147
' 558
6,038

59, 445
19, 834
99. 534
1.401
13, 177

2,500
730
4.740
75
485

4, 495
1,737
10, 70S
109
1, .100

8,530

18, 269

155,486

1,055
868
65
78
266
37
597
50
31
2,848
315
1,043
547

12, 814
11.195
997
1,387
2,174
448
4,508
671
895
27,219
3,504
li; 132
6,401

7, 800 I

83, 345
17,863
15, 782
29,802

797

1, 868
1,238
2,470
291
504
2, 295
1,303 i
481. i

14,494 i

10, 510 j

163,362

328

85,129

193, 391
•

Virginia
West Virginia...
North CarolinaSouth Carolina..
Georgia—
Florida.
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
Ohio

Indiana
Illinois
Michigan...
Wisconsin..
Minnesota..
Iowa
Missouri
Total Middle Western
States
North Onkota.
South 1) <ik otaNebraska
.
Kansas.
Montana
Wyoming
Colorado
New Mexico- _
Oklahoma
Total Western States

34
35
5
5
12
2
19
1
5
167
22
25
23

10, 204
8,422
712
1,003
1,959
238
3,039
637
646
19,573
2,875
7,404
5,242

3, 600
2,800
170
283
443
165
1,118
193
139
4.680
'974
3,146
1,480

16, 231
14.097
i; 266
1.770
3.136
605
0. 287
'917
1,123
37,135
5.117
13; 631
8.387

355

61,954

19, 197

137
70
30

12,095
10.454
17,839
3,632
< . 107
!
27. 592
14. 950
5, 161

7,376
5. 849
13. 840
2,847
4, 621
22,681
7,084
2, 479

23, 405
20, 264
38, 657
7, 769
12, 548
02,019
27, 755
10, 140

o30 !

97. 830

]]

19,480
3,061
1,271
9,045
1, 751

103

21.262
92, 720

•14. 085

04
111
28
50

! r>f>3

~4, 525
3, 289
7, 821
2,718
906
1,093
248

Total Pacific States..




202. 503
4,881
3,921
5,083
6, 785
2.164
1,094
4,343
655
15,759

Washington.
Oregon
California
Idaho
Utah..
Nevada
Arizona
Total United States.

12,483
11,016
13,357

20, 600
1, W2 !

3;"S, 490

3,913
2. 505
6, 213
1. 538
182
590
282
15,223
233, 1

545

204
780
1,390
1,649
1,128
5,151
49, 079
16, 558
77, 826
1,124

:••

109, 702

~62
58
115
19

70
83
113
185
94

948
095
161
140
335
60
525
25

125 I

4,575 I
575 i
680 i
615 !

1.720
1. 560
3.197
540
870
3, 660
2, 1.50

6,451
10, 547
52, 736
22,027
8,154

22,177
18, 591
23, 337
34, 090
7. 0.18
4. 075
.18, 097
3, 527
50, 97(5

1,925
1,455
1,735
2.938
730

1,156
902
1, 305
1,895
277

190
1,355
285
4, 215

238 I
706 I
232 I
1, 846

1X1,894

14, 828

8,617

145,681

705
675
1, 1.20
450
75
90
50

37T
381
956
215
99
123

9,069
6,287
15,064
4, 528
1,032
2,067
608

47, 905

591, 680

10, 520
7. 017
18. 139
5, 458
1.314
2, 348
696
40, 092 j
740, 096

3,165
51,151

17,358
14, 816
18, 282
26,188
5,497
3,528
14,924
2,888
42,200

38, 655

206

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 20.—Principal items of resources and liabilities of national

banks,

classified according to capital stock, December 31, 1930—Continued
CAPITAL STOCK OF $50,000 BUT LESS THAN $200,000
[In thousands of dollars]
Number of
banks

Location

Loansand Bonds
discounts, and secu- Aggregate
including rities
resources
overdrafts owned

Capital

Surplus
and undivided
profits

Total
deposits

OTHER RESERVE CITIES

Dallas.
Waco...
Chicago
Topeka
Pueblo
Oklahoma City

-...

1,601
274
2,184
406
882
376
578

150
100
400
150
100
100
100

350
63
151
64
154
14
34

4,717
678
5,188
1,038
2,201
748
1,184

7,335

18,845

1,100 '

830

15, 754

26, 621
29,465
25,347
72,759
1,514
16,892

Total all reserve cities

5,447
946
6,341
1,370
2,559
862
1,320

6,301

_

Seattle

1,670
328
3,095
555
1,001
273
413

36,273
20,121
21,837
55,771
931
12,690

71,941
62,189
54,191
151,630
2,872
35,622

2,920
4,125
3,285

5,746
5,822
3,829
13,435
509
4,021

60,130
47,145
43,068
120,197
1,601
27,037

COUNTRY BANKS

Maine
New Hampshire..
Vermont
Massachusetts.
Rhode Island
Connecticut

_

Total New England States.

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida....
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

—

Total Southern States

_
_

Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States




172,598

147,623

378,445

21,343

33,362

299,178

240, 271
147, 753
372, 741
4,620
45, 079

220,074
113, 790
291,177

529,392
308,063
771,727
9,124
91, 251

26, 210
15,910
41, 093
660
3,922

42,837
22, 833
92,424
1, 085
7,612

430,542
254,236
591,916
6,604
74,329

1,011

Total Eastern States

234
~307
177
471
9
47

New York
New Jersey
Pennsylvania.-.
Delaware
Maryland

Ohio
Indiana
Illinois.
Michigan
Wisconsin
Minnesota..
Iowa
Missouri

420
2,195

810,464

664, 024 1, 709,557 | 88, 395 166, 791 1,357,627

60
33
20
44
35
53
21
17
315
23
84
55

68,172
44, 994
22,450
10,874
20,897
12,221
25,880
17,971
6,913
119,510
9,493
55,956
34, 037

16,978
14,901
4,924
3,855
8,210
18,779
9,297
7,987
3,106

851
171
100
241
79
82
97
126
61

35,686

20,325
8,621

103, 718
72, 227
37,115
21,016
37,969
45,477
46,363
35,476
14, 394
237,141
18,901
93,483
53,939

7, 595
4,820
2,995
1,635
4,070
2,925
4,490
2,060
1,400
23, 258
1,680
6,748
4,184

7,711
6,318
2,512
1,128
3, 289
2,659
4,411
1,988
1,027
18,647
1,166
7,004
3,177

78.113
54, 946
27.114
16,899
26, 473
37,619
31,424
28,915
10,711
178,348
14,158
71,575
40, 207

449,368

167,883

817,219

07, 800

00, 037

616, 501

97,320
60,805
124, 238
53, 685
55,812
43,430
60,534
27,993

56, 266
31, 707
91,038
50, 012
44,907
48,252
37, 193
15,816

186,688
116, 486
266,148
122, 976
120,898
116,964
121,851
57, 623

14.452
9,108
18.453
7,025
6,810
0,875
8,400
4,555

15,464
7, 706
19,220
5,815
6,058
4,973
5,532
3,475

140.386
89,930
208,311
101,052
100,500
99,796
100,770
45,000

963

523,817

375, 191

1,109,634

75,738

68,903

885,745

28
33
91
112
21
15
51
14
84

17,118
18,509
43,235
48,285
11,828
12,260
22.604
8,823
32,155

12, 256
15,095
20,064
25,488
9,205
6,920
17, 658
6,175
33. 990

37, 217
42,678
80,611
99,916
27, 597
25, 925
54, 510
20,601
86,827

2, 095
2,375
5,905
7,715
1,770
1,280
3,645
1,000
5,820

1,569
2,057
4,091
5,541
1,563
1,744
2,288
666
3,044

31,680
36,239
63,571
79,064
23,593
21,589
46,154
18,103
74, Oil

146,851

475,882

31,605

46,301

22, 563 | 394, 004

REPORT OF THE COMPTROLLER OF THE CURRENCY

207

TABLE N O . 20.—Principal items of resources and liabilities of national hanks,

classified according to capital stock, December 81, 1980—Continued
CAPITAL STOCK OF $50,000 BUT LESS THAN $200,000—Continued
In thousands of dollars]

Location

N umT
ber of
banks

Loans.and B a n d s
discounts, and secu- Aggregate
including rities
resources
overdrafts owned

Surplus

Capital

and undivided
profits

Total
deposits

COUNTRY BANKS—continued

Washington
Oregon..
California
-.
Idaho
Utah
Nevada -. - - Arizona..
Total Pacific States..

M
f>4
104
22
9
4
8

24,120
24,848
50,823
12,057
4-, 920
2,400
4,054

24,592
17,642
38,171
7,320
1,930
1,379
3,317

03,439
50.127
110, 015
25,767
8,941
4,879
9,968

4. 095
4,095
8,340
.1.550
000
310
660

2, 513
2,722
5,453
793
299
342
562

53, 794
46,280
90, 329
21,977
7,553
4, 013
8,203

255

123, 228

94,357

279, 736

19,640

12, 084

232,209

2, 116

1,817

5,211

275

255

4, 546

Total eoimlrv banks. .. . 3, 707 2, 29(J, 408 ], 597, 746 4, 775,084

304, 850

304, 595

3,789,870

Total United Slates

305,956

365,425

3,805,. 024

Alaska (nonmember banks)
3, 775

2, 302, 709 1, 605, 081

4r 794, 529

C A P I T A L S T O C K OF 8200,000 B U T LESS T H A N $500,000
CENTRAL RESERVE CJTY
374

Chicago.

200 !

OTIIKR RESERVE CITIKS

Brooklyn and Bronx
Buffalo
Philadelphia
Baltimore
Washington
Charlotte
El Paso.. -.
Fort Worth...
Galveston
San Antonio
Waco
Nashville
...
Cincinnati
. ...
Chicago
Milwaukee.-.
.
Minneapolis—
St. Paul
Des Moincs
Dubuque
. ..
Sioux City
Kansas City, Ivlo
St. Joseph
St. Louis
Lincoln
Omaha..
Kansas City, Kans
Topeka
Wichita
Helena
Denver
Oklahoma City
TulsaSeattle
Portland

20

..

2
1
2
2
2
1
1
22
1
1
J
1
1
3
2
3
4
2
2
1
1
2
2
1
2
2
1
4

i>, 381
i>. 587
20, 011
'1, 476
]i,170
'.1,810
0. 792
i!, 251
7, 470
a, 920
Si, 986
<l, 344
3, 052
29,227
3,037
I-., 482
;•!, 387
S 342
3,811
7,773
(J, 677
10, 358
6, 638
8,020
3, 883
1, 602
1,672
1, 457
2,770
1.586
3,787
5,293
1,387
f>, 514

2. 035
2. 445
10.439
569
1612
1,681
5,218
462
2,889
1,642
3, 248
498
4,1.02
30,412
418
457
1,149
2,922
3, 257
4, 949
3,004
3,121
12,414
2,079
2, 664
850
1.640
897
3, 572
329
4,134
1,774
589
6, 042

5,710
0, 059
45, 359
0, 373
20. 902
8.388
17, 765
3, 444
15,013
7, 659
30,925
(>. 062
9, 555
70. 718
1,770
2, 005
5, 908
11.031.
0,140
20, 071
.13,782
20, 511
23, 633
14, 060
9, 555
3,184
4,678
3,400
8, 833
2,754
11.067
9,641
2, 801
14,870

7(X)
«00
2.800
400
1.075
500
000
200
400
050
550
300
400
5, 550
200
200
350
250
. 200
050
700
000
1, 250
500
050
200
200
400
450
250
500
450
200
1,075

382
529
4, 573
700
1,810
1,301
1, 179
117
G87
318
343
494
1. 295
3, 754
79
70
206
334
342
712
405
099
535
422
291
76
121
154
433
122
170
150
97
486

Total other reserve cities.

03

l o i , r»r>2

120, o 13

431,540

24, 200

23. 380

361, 675

Total all reserve cities

94

191,930

126,765

432, 300

21. 100

23, 100

362, 240




3
3
10
1
4
o

3,801
4,164
35. 560
4. 950
17. 230
6,028
15, 840
3.002
14,115
5,364
9,409
5, 071
7, 449
64, 050
1,357
2,216
5, 303
10,445
5, 349
18, 359
12, 588
18, 902
16,460
12,822
8. 231
2, 607
4, 212
2, 839
7.727
1, 962
10,168
8, 95(5
2, 487
12, 652

208

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 20.—Principal items of resources and liabilities of national

banks,

classified according to capital stock, December 31, 1930—Continued
CAPITAL STOCK OF $200,000 BUT LESS THAN $500,000—Continued
[In thousands of dollars]
i L o a n s a n d Bonds
her of discounts, and secu- Aggregate Capital
including rities
banks overdrafts owned resources

Location

Surplus j
and undivided
profits

Total
deposits

COUNTRY BANKS

Maine
New Hampshire..
Vermont
Massachusetts
Rhode Island
C onnecticut

25, 370
7,623
5,318
48,206
6,101
17, 533

34,879
13,649
8,164
84, 678
8,732
39, 853

Total New England States.

81 i

189,955 I 110,151

20, 747

30, 283

277, 368

28. 961
22, 595
59, 561
2, 748
1,067

320, 868
231.319
377,113
10,048
9.986

625, 893 | 397, 026 1, 197, 170

68 240

114,932

949 334

4, 125
2, 200
2,175
1, 500
2,400
2, 250
4, 675
2,010
700
9. 250
2, 0,50
2,600
1, 950

4,741
2, 612
2,236
1,646
1,783
1,300
2,699
1, f>71
586
8, 369
1,748
2, 277
952

42,808
26,431
19, 966
16, 867
13, 843
15, 888
28,951
27,286
5,409
107, 125
23. 750
26, 504
14,513

Total Eastern States..
Virginia..
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
M ississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

276

Total Middle
States

Total Western States

8,949
39.571
7.728
19,029
3, 696
9 I 15,714
3.811
6!
li,-'m>!
10 ! 10. 838 i 3.620
9!
7, S55 ' 6, 656
10,716
19 J
21.847
19,298 : 5, 896
877
4,373 •
67, 448 ! 22. 724
7,912
13.860 : 6, 603
22, 220 j 3, 333
12,466 !
152 I 265,835 , 92,521

484, 239

37, 885

32, 620

369,401

52,651
22.910
40, 361
18,044
23, 076
15,211
11,277
14, 136

185,913
86, 978
153.410
49. 09-1
73. 852
51,392
39.913
42, 252

13, 125
5, 925
10.125
2, 750
5.000
3,000
2, 600
2,700

15,116
3, 955
9, 408
3, 382
3, 674
2,022
1,547
1,518

142. 111
72, 141
125,087
39, 683
60, 665
44, 222
33, 345
35,929

682,310

4.1. 2S."

40. 622

553, 183

49 ;
38

n ,
21 i
13 I
10

96, 678
44, 035
74, 55-I
23,511 j
36.003
23; 615 j
19.S42 i
18,563 •

336, 8." ! 203, 666
31
2
10.221
5, 7M
6.726
1.7,509
18, 540
5. 40H
12, 14ii
4. G73
14.330

!
!
!
:
j
!

57, 376
34. 780
26, 627
24. 456
20,236 j
21.256
42, 030
32, 073
7.510
131,240
29, 774
35, 720
20, 555

20, 641
12, 585
9, 610
27, 878
45, 458
11,140
21,714
S.770
30, 249

53

12,37.-. i

9.042.

189,015

2. 300
1.050
6, 450
675
400
700

1. 306 i
1,428 '
4,619 I
440 !
181 '
C24 :

23,139
21,812
66,300
li, 825
6. 894
11, 480

49 !

23.021
.14, 4",N
11,581
33. M9
51, 359
12,703
25. 110
11. 121
34,754

000 j
2, 400 I
1,800 I
800
1, 600 i
650 !
2.300 !

95.317

64, M1

21S, S58

11.023
7,267
22, 393
2.941
2,815
8, 366

80, 377

54. 805

29, 172
25, 885 :
81,769
13,708
7,87* ,
10.515
174.923 :

Total country banks..

7S6 j 1.594,228 j 923. 100 3. 107.. 605

Total United States..

880 I 1.78T). 164 "1,049. SO5




774
00!
473
1,917 I
2, 370 •
•
320 j
939
301
1. 082 :

7, 552
5. 277
2, 329
6, 644
18. 896
2, 507
6.241
3, 579
11.906

12,065 I
12,944 !
40,817 i
6. 520 j
3,111 I
4,920 '

i\

Washington.
Oregon
California...
Idaho
Nevada
Arizona
Total Pacific States...

] 48, 333
84. 825
155, 646
5,397
2, 825

15 |
9i

Western

North Dakota.
South Dakota.
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

5, 501
56,941
3, 253
18,715
1,180
11,450
12,747 ! 125, 721
1,752 ! 12,664
5. S50 ! 51, 877

21,850
16, 975
27, 850
913
652

90 i 194, 586
68
153, 772
111
263, 547
4
0, 662
3 I
7, 326

Total Southern States
Ohio
Indiana
Illinois
Michigan...
Wisconsin..
Minnesota..
Iowa.
Missouri....

3,225 !
1, 550 I
1,300 i
9, 340
750
4, 582

392, 727
285. 520
492,521
14, 379
12,023

New York
New Jersey
Pennsylvania..
Delaware.
Maryland

_.

68, 884
25,163
15, 397
156, 467
16, 290
67, 404

3,539,1)05

12, 17."

8, ,")S

144, 450

190,647 230, 097 i 2. 482, 787
221.. 017

2:"9 ;"03 | 2,845,033

REPORT OF THE COMPTROLLER OF THE CURRENCY

209

TABLE N O . 20.—Principal items of resources and liabilities of national banks,
classified according to capital stocky December 31, 1930—Continued
CAPITAL STOCK OF $500,000 BUT LESS THAN $1,000,000
[In thousands of dollars]
Number of
banks

Location

Loansand B o n d s
discounts, and secu- Aggregate Capital
rities
including
resources
overdrafts owned

Surplus
and undivided
profits

Total
deposits

CKNTRAL KbSEKVE CITIES

New York..
Chicago

4, 302
7, 401

3,429
3,928

9, 873
15,999

2,000
1, 250

1,057
437

5, 790
13, 761

11,703

7, 357

25, 872

3,250

1.494

19,551

8,129
5, 127
18,101
3,028
8,817
1,479 .
148 I
1,79.1 j
1.268 !
3,75-1 i
2,003 I
9.093 j
519 i
3,907 :
1, 165 i
5, 470 ;
5,519 !
7, 365
1, 840 j
5,641 j
7,494 i
2,198
2,378
2. 816
801
5,517
4,060
715
1, 998
5,702
13, 717
5. 124
2,893
2, 433
1. 213
3', 568
1.348
i; 885
12, 212

16, 590
32,877
71, 158
15, 329
34. 130
10,689
5,515
! I, 021
10, 278
17,634
14, 354
25, 965
6. 966
12.920
4,117
13, 200
20, 02.1
20, 406
4, 716
21,6.18
29, 217
5, 933
7. 276
22', 589
6, 043
1.1,584
15,072
11,984
11,376
19, 7(30
35, 035
17,389
7,771
10, 684
5, 078
8. 339
2. 455
8, 309
46,122

2, 000
2,000
2,950
1,350
2,050
1,000
600
750
750
1.400
1. 100
500 i
600 ]
500 1
500 i
500
1,200
1,260
1,000
500 j
i. iOO! !
500

13,012
23,703
55, 835
i 1, 721
28, 368
7,171

Toial other reserve cities..,

172,236 I

651,550

1,200 !
850 I
750 !
750 :
1,000 I
1, 050 i
500 !
500
500 I
500
I, 000 I
625 '
500
2,100
38, 535

1, 260
4,513
6,604
1,606
2, 499
1. 608
131
389
377
084
057
I, 473
256
1.445
131
1, 860
972
1,829
511
781
851
2J1
105
1.319
475
557
333
525
335
60S

Total all reserve cities

179,593 I

677,422

41,785

18, 612
5, 654
94, 771
24, 616
71,769

1, 200
500
5,100
1,850
4,450

1, 315
-177
7, 990
2,637
6,389

14, 69-1
4,095
77, 970
19,004
56, 557

54,681 I

215,422

13, 100 (

18, 80S

172, 320

53,905
51,485
72,157
614

175,
148,
248,
6,

478
372
000
872

11, 150
7,830
14, 650
500

14, 255
11, 164
26, 837
410

141,530
121,851
192,945
5,704

578.722

34,130

52, WG

462, 030

Total central reserve cilics.!
OTHER RESERVE CITIFS

Brooklyn and Bronx..
Philadelphia
Pittsburgh
Baltimore
Washington... . . . . . . .
Charlotte
...
Savannah
Fort Worth
Gal vest on
Houston
..
San Antonio
Louisville
Nashville
Cincinnati..
Columbus
. ...
Toledo
Chicago
Peoria
Grand Rapids._ .
St. Paul
Cedar Rapids
..
DesMoines
Dubuque
Kansas City, Mo. ..
St. Joseph
St. Louis
Lincoln
Omaha...
Kansas City, Kans..
Topeka
Denver
Pueblo
Oklahoma City
Seattle
Spokane
Los Angeles
San Francisco
Ogden
Salt Lake City

5,471
22,064
37, 688
8,612
1 -!. 404
f>; 845 |
3,764 '
4,816
('», 640
>$, 750
7, 070
8, 643
5, 063
5, 276
2, 032
6, 075
1 [), 481
8, 523
2,093
7, 950
1 2. 879
1,990
3, 038
13,215
2,847
4,620
6,802
8, 344
o, 737
,\ 818
12, 777
4, 715
2, 046
o. 220
2, 837
:., 027
596
5, 737
18, 460

..

2,661
1,663
27,173
16, 701

Total New England Stales.
New York
._
New Jersey
Pennsylvania....
Maryland




500 •

2, 327
1,077
100
336
00
97
67
101
1,290

539, 908
539, 459

T

COUNTRY BANKS

Maine
Vermont
Massachusetts..
Rhode Island
Connecticut

Total Eastern States

500 •
•

I. 600 :

4, 573
9, 859
8, 845
13, 876
11,524
23, 147
C, 039
9, 800
3, 516
8,529
17,232
16,400
2, 696
20, 076
25,713
5, 062
6, 584
18,938
4,973
8, 786
!3,857
9, 298
9, 691
17,(574
30, 880
J5.371
7.122
9,812
4, 004
6, 994
1,749
7, 064
40.414

307, 823

I
i
I
!

178,161 j

210

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 20.—Principal items of resources and liabilities of national banks,
classified according to capital stock, December 31, 1930—Continued
CAPITAL STOCK OF $500,000 B U T LESS T H A N $1,000,000-Continued
Lin thousands of dollars]
Number of
banks

Location

Loansand Bonds
discounts, and secu- Aggregate
resources
including
rities
overdrafts owned

Capital

Surplus
and undivided
profits

Total
deposits

COUNTRY BANKS—continued

Virginia
West Virginia...
North Carolina.
South Carolina..
Georgia.
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky

20, 887
•22, 659
12,163
5,345
6,428
2,301
32, 324
7, 198
2,748
16, 522
9,179
11,043

Western
_.

3,100
2,500
2,200
1,000
500
800
4,000
1,000
600
2,800
1,000
1,800

1.854
3,084
1,130
387
258
306
4, 364
814
379
2,209
1,430
1,530

25,37S
24,301
15,588
7,701
7,914
3,566
46,967
6,772
4,196
25,399
15,662
12,695

52, 932

263, 876

21,300

17, 745

196,136

28, 314
34, 778
36, 774
56, 258
37, 808
5, 231
3,524
3,425

Total Middle
States

34,374
34, 543
22, 771
9,607
9,046
5,496
61,469
11,111
5,328
33,093
19,109
17,929

147, 797

Total Southern States
Ohio
Indiana
Illinois
Michigan...
Wisconsin..
Minnesota.
Iowa. _
Missouri....

7,181
6,835
4,334
1,716
1,663
1,828
12,119
2,499
468
6,470
5,388
2,431

11,969
25,138
17, 954
29, 867
19, 283
3,077
2,375
4,196

52, 832
77, 273
73, 638
104, 465
71,958
12, 160
9, 531
9, 098

3,600
5,200
5,200
5,300
5,450
1,200
500
600

4,667
4,917
4,506
7, 353
5,944
733
275
215

40,351
61, 437
60,926
85, 737
56,837
9,527
8, 444
7,807
331, 066

113,859

410,955

27,050

28,610

Oklahoma—

2, 535

3, 368

7,122

500

197

5,894

Washington.
California
Nevada
Arizona

16, 852
21, 629
4, 177
3,041

7,620
15, 045
1,086
2,042

30,901
52, 425
6,818
7,536

2,100
3,350
700
500

1,290
2, 455
190
698

26. 386
44, 393
5,263
6,173

25, 793

4, 633

82, 215

206,112

Total Pacific States..

12

48, 699

97, 680

6, 650

Total country banks..

181

838, 355

428, 794 1, 573, 777

102, 730

122, 959 1, 249, 661

Total United States..

255

1,150,029

608,387 2, 251,199

144,515

164, 873 1, 809,120

CAPITAL STOCK OF $1,000,000 B U T LESS TITAN $5,000,000
CENTRAL RESERVE CITIES

New York.
Chicago

80,172
28, 952

Total central reserve cities.

12

36,404
9, 001

109,124

45, 405

16, 357
5, 500
215, 245 I 21, 857

127, 475
17, 91 o
245, 972
62,092
33, 017
64, 785
33, 919
8,230
22,420
29, 580
31, 517
7,333
38, 749
5, 527
73,130
18,540
5, 582
23, 860
28, 899
41, 169
7,294

33, 922
3, 913
61, 929
28, 265
24, 998
30,484
9,070
2,478
26,404
6,178
13, 041
2,580
11,098
3,733
24, 891
5,471
3,628
4,207
6.967
9,260
3,124

211, 292
26, 949
398, 030
120, 252
85, 093
128,443
59,447
15, 722
75, 035
51,290
62,005
13, 982
70,147
14,122
151,919
38, 616
11,811
43, 875
55, 979
62, 813
12, 567

160, 818
54,427

10, 981
2,910

115, 771
44, 909

13,891

160, 680

17, 253
4,187
46, 534
12, 346
6,285
7,726
5, 050
600
2,946
3,208
2, 660
294
3,964
300
8,182
2,350
233
2,226
. 4,794
2,107
1,070

170,807
16,578
812,269
93.698
71,743
106,463
48,097
13,604
65,288
40,946
49,959
11,855
60,290
11,630
128,703
31, 598
9,531
39,082
44,792
43, 917
9, 080

OTHER RESERVE CITIES

Boston
Brooklyn and Bronx
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
Atlanta
Jacksonville
New Orleans
Dallas
El Paso
Fort Worth
Gal veston
Houston
San Antonio
Waco.
Louisville
_
Memphis
Nashville
Cincinnati

_.
.

_




10,319
3, 950
18,126
6.000
4,000
8, 050
4,000
1,000
6,000
2,800
4,000
1,000
3,600
1,000
8,000
3,200
1.000
1,000
4,500
2,000
1,000

211

REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 20.—Principal items of resources and liabilities of national
classified according to capital stocky December 31, 1980—Continued

banks,

CAPITAL STOCK OF $1,000,000 BUT LESS T H A N $5,000,000—Continued
[In thousands of dollars]
Loansand Bonds
Num- discounts, . and secu-; Aggregate
ber of ! including rities
iti
j resources
j overdrafts owned

Location

OTHER RESEKVE

Cleveland
Columbus
Indianapolis
Chicago
Peoria
Grand Rapids.
Milwaukee
M innen polis.
Des Moines
Kansas City, Mo
St. Louis
Omaha
Wichita
Denver
Oklahoma City
Tulsa
Seattle
Spokane
Portland
Los Angeles.
Oakland.
San Francisco.

Surplus
and undivided
profits

Capital

;
; Total
j deposits
I

CITIES—COnfcd.

-.^

1
3
3
1
1
1
2

T

i
2
1
3!

li

19,478 :
44,741
53, 202 !
6, 761
15,693
12, 347
21, 193
11,330
19,282 j
53,552 i
21.174 ;
36.368 |
13; 306
46,038 i
9,298 i
59,753
24,660 I
13.619
40. 322
58, 269
22, 340
5, 814

Total other reserve cities.

1 i
2;
2 !
1 :
2 !
3
2
1
90 ! 1.535,545

Total all reserve cities.. .

5,819
14,814 !
16, 680 i
5,348 I
7,637 ,
3, 943
9,467 !
4,033 '•
7,943 j
28, 330 j
4,445 :
27,256 i
1L63L !
40, 032
3, 655
18, 084
13. 499
4. 505
54,643 !
21, 110
7, 839
2. 254

38, 473
80, 622
108,124
16, 530
29. 400
22. 544
41, 244
20, 935
37,142
126, 832
31, 744
94, 678
38, 051
124,023
16, 350
103, 733
53, 030
25. 0-13
127. 559
101,241
41, 519
12,883

2,000
4, 700
7, 250
1,000
2, 000
1, 000
3,200
1,000
2. 000
6, 000
2, 500
3, 600
2, 000
4, 000
1, 200
5, 500
5, 000
1,500
6, 500
6, 000
2, 200
1, 000

1, 697
6,286 :
6,5.17 •

31, 695
64,894
89, 221
14, 579
23, 056
19, 626
33,1.43
18, 687
33, 039
115. 267
27,888
86, 301
33. 995
114. 877
14, 456
89, 582
43, 834
21, 469
1.12, 912

606
2, 161

711
1, 550

616
1, 596
4, 631
1.294
2, 439
1,643
5, 580

309

102 \ 1,644,669

4,589
2, 490

557
5. 153
6. 215
2, 800

437
194, 198

3,001,989 j 165. 695

Massachusetts.
Rhode Island.
Connect icut

2, 498, 940

208, 089

628,608

87, 842
34, 379
8,368

2, 659. 620

122, 958 i
18,161
139,400 !

Total New England States.
New York
New Jersey
Pennsylvania.

203, 875
270, 484
82, 942

95, 727
141.772
42. 668

Total Eastern States......
Virginia
West Virginia
North Carolina
South Carolina
Florida
Louisiana
Texas
Kentucky
Tennessee

9, 500
3, 062
1.000
1. 500
3, 950
3, 200
2,000
1,000
5, 500

!
i
!
;
;
:
!
!

!

7, 283
2, 294
970
1.556 '
2,812 |
2,465 '
912
1, 000
4,400

73. 987
25; 933
6, 240
28, 634
40, 484
42, 626
13, 422
9, 779
62,42

4,011
2. 499
519
3, 897
1. 829
3, 638

42, 908
35, 839
18.107
29, 446
19, 994
40, 809

Total Southern States..
33, 097
26, 386
5,
20, 575
13, 668
22, 371

7, 699 i
8, 809
8,474
10, 504
5, 519
15, 695

57,
45,
20.
37,
24,
50,

886
313
075
916
866
250

5. 500
3, 500
1, 040
2, 550
2.000
4,000

Total Middle
States
Washington
California,
Total Pacific States

53,994 !
17,734 I

3,000

70, 149 |

4,000 I

The Territory of Hawaii (nonmember banks)
Total country banks.
Total United States.




4, 797. 833 ; 291, 8W) I 329, 890 i 3, 911, !90

212

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 20.—Principal

items of resources and liabilities

of national banks,

classified according to capital stock, December SI, 1930—Continued
CAPITAL STOCK OF $6,000,000 BUT LESS THAN $25,000f000
[In thousands of dollars]
Num- Loansand Bonds
ber of discounts, and secu- Aggregate
banks including
rities
resources Capital
overdrafts owned

Location

Surplus
and undivided
profits

Total
deposits

CENTRAL RESERVE CITIES

New York.
Chicago

456,954
191,270

384,756
67,335

1,258,671
412,392

41,450
22,000

157,818
17,515

923,501
336,284

648,224

452,091

1,671,063

63,450

175,333

1,259,785

238,907
170,539
114,260
48,390

52,934
81,809
233,344
21,829
7,433

417,101

44,041
52,898
38, 443
68,064
179, 083
116,329
110,253
48,712
116,494
36, 621
34,686
73, 629
213, 546

10,171
14,718
13,899
14,863
26,149
28, 771
50,320
32,113
31,830
15,742
29,760
24,997
59,426

29,875
14,000
19,500
5,400
5,000
5,000
8,000
6,000
5,000
12,500
10,000
11,000
6,000
12,100
5,000
8,000
5,000
24,500

20,619
31,954
30,879
6,697
5,037
5,050
6,460
5,808
4,874
19,788
8,609
8,791
5,074
8,694
2,130
2,303
11,101
21, 486

316,798
293,353
351,342
84,605
73,232
64,878
74,415
52,490
87,606
239,737
153,392
198,822
99,483
163,080
56,929
73,371
114,651
269,799

Total other reserve cities. _

25 1,753,184

750,108

3,389r746 I 191,875

205. 354 2,757,983

Total all reserve cities

31 2, 401, 408 1, 202,199 5,060,809 j 255,325

380,687 4,017,768

Total central reserve cities.
OTHER BESKBVE CITIES

Boston
Philadelphia
Pittsburgh
Atlanta
Savannah
Birmingham
Dallas
Cincinnati
Cleveland
Detroit
Milwaukee
Minneapolis
St. Paul
St. Louis
Oklahoma CitySeattle
Los Angeles
San Francisco...

423,506
101,764
84,249
69,674
94,307
67, 422
108,673
295,646
187,237
223,903
113,034
186,852
66,618
89,639
140, 416
351,016

COUNTRY BANK

23,152

Pennsylvania
32

Total United States

5,000

5,294

54,560

2,424, 560 1,233,758 5,126,679 i 260,325

31,559

65,870

385,981

4,072,328

CAPITAL STOCK OF $25,000,000 BUT LESS THAN $50,000,000
CENTRAL RESERVE CITIES

. .

j

197,600
273, 463

67,817
82, 359

437, 471
602, 442

36, 77.5
25, 000

Total central reserve cities.

2

471,123

150,176

939,913

..

1
1

349, 468
326,943

98, 381
134,622

670, 229
607,760

Total other reserve cities, _

2

676, 411

233, 003

1,277,989

Total United States

4

1,147, 534

383,179

2,217,902

New York
Chicago

29a 218
422,590

61.775

40, 580
28,145
08, 725

44, 5M
30, 000

41,075
22, 494

508,629
543,799

74,500

63, 569

1,052,428

136,275

132,294

1,765,245

324,330

3,076,060

54.136

995,351

712,817

OTHER RESERVE CITIES

Boston. _
Los Angeles

C A P I T A L S T O C K O F $50,000,000 OR M O R E
CENTRAL RESERVE CITY
2,052,654

New York

656, 745

4,181,195

258,000

OTHER RESERVE CITY

San Francisco
Total United States




18, 290 i 251, 270 1. 150,286

50,000

3 i 2.720,944 ; 90S, 015 5,331,481

308, 000

1

378. -160 i 4, 071,420

REPORT OF THE COMPTROLLER OF THE CURRENCY

213

TABLE NO. 21.— United Stales bonds on deposit to secure circulating notes of national
banks in years ended October 31, 1900 to 1931
United States bonds held as security for circulation

NumYear ber of
banks 2 per cent consols 4 pc r cent bonds 3 per cent bonds 5 per cent bonds
of 1930

Total

1908—

6,873

f
$1,019,950 Consols of 1907,
of 1898, 3 Loan of 1904, 5
$13,544,100 ;Loan cent,
Consols of 1930,
per cent,
$301,123,580
per
1895.
[
270,006,600. Loan of 7, 503,350
$7, 756,580
$1, 293,000
of 1907,
I
12,500 Consols 6,032,000
{Consols of 1930,
268,900 329, 833,930
3,983,780
Loan of 1895.
I
316,625,650
2,911,100
Consols of 1907,
8, 24S,
1,100,900 338, 352,670
320,738,000 Loan (11895, 450
6,056,720
2, 20S. 600
Consols of 1907,
718,6,50 382, 72(5,830
376,003,300 Loan cf 2,979,200 j|
1,797,580
1895,
1,410,100 i
Consols of 1007, \)
426,544,790
416,972,750 Loan of 5,857,500 !I *
1,922,940
1895,
1,791,000 i
Consols of 1907, ''
493,912,790
483,181,900 Loan cf 4,050,350
2,215,540
1895,
4,405.000 !
Consols of 1907, I
(2 per cent Pana25,124,650 i
492,170,650 Loan cf 1895,
- 539,653,180
3,273,700 \ m a Canal,
i
I
14,482,080
!
4,60S, 100
Loan of 1805.
567,011,910
532,543, 550
17,245,380
6,490,080
10, 732,900
38,558,680
13,936,500
554,700,700
10,468, 520 Certificates of in- 632, 624, 850
14,960,450

1909—

7,025

679, 545,740

1900— 3,871

1901..

4,221

1902_.

4,601

1903— 5,147

1904... 5,495

1905... 5,858

19O6._. 6,225
1907... 6,620

1910.. 7,218
1911 _ 7,331
.
1912.. 7,428
7,514
1914^__ 7, 578
7, 632
19161! 7, 608
1917_. 7, 671
1918.. 7, 765
7,900
1020I! 8,157
1921.. 8,179
1922. 8,262
1923.. 8,2(54
1924.. 8,098
1925 _ 8,118
.
1920. 8,008
1927. 7,832
1928. 7,707
1929.. 7, 50(5
7,218
1930
1931. 6, 619

debtedness
3 per cent.
2 per cent 1936
[4 per cent loan 3 per cent 1908and 1938, Pan573,328,450
1918,
of 1925,
ama Canal,
14, 575, 500
[
15,403,050
76,178,680

580,145, 't00
593,006,600
601,762,600
604,264,950
606,622,300
600,678,600
567,690,250
555,514,950
561,848,1500
565,094, 950
570,372, JSOO

576, 522,950
581,493,950
586,801, 800
589, 086, 200
591, 792, L50
591,139,900
592, 582, 450
592, 696, 700
592, 721,100
594, 757, 350
591,180, 800

84644°—32




15

21.022,650
22,854.300
2(5, 817, 000
35,302, 700
34,699, 300
32,304, 800
26,214,400
34, 743,900
50,240, 800
58,055, 050
68,578, 000
77, 257, 400
82, 509, 900
85,823.1.-iO
76,687, 050

15,337, 540
18,199,380
20,419,220
22, 245,100
21,447,180
20,377, 720
15,984, (580
17,715, 220
32, 240

78,420, 480
80,110,040
81,258, 4(50
81,701, 240
81,971,820
81,614,420
78,068,600
71,466,140
72,324, 800
72,672,0(50
73,116,000
73,732,140
73,656, 840
73,937,380
74,069, 640
74,392, 980
74,352,980
74,290, 840
74,471,740
74,015,000
74,371,100
74,074, 540

694,926,070
714,170,320
730,257,280
743, 513,990
744, 740,600
734,975, 540
687, 957,990
679, 440, 210
684,446,440
695,822, 000
712, 006,500
727, 512, 490
737,600, (590
740, 5(52, 330
739,842,890
600,185,130
065,492,880
6(50,873,290
667,108, 440
066, 736, 100
009, 128,450
605, 255,340

TABLE N O . 22.—Calculated profit on National Bank Circulation, based upon a deposit of $100,000 United States consols of 1930 and Panama
Canal bonds, at the average net 'price, monthly, during the year ended October 31, 1931

to

CONSOLS OF 1930

Receipts

Date

Cost of
bonds

Circulation obtainable

Profit on circulation
in excess of 6 per
cent on tbe investment

Deductions

1 nterest
on circulation
Gross
Interest
less 5
on bonds per cent receipts
redemption fund

Net
receipts
"'ax

Expenses

Sinking
fund

Interest on
cost of
bonds at 6
per cent

Total

Amount

3
8

Per cent

o
November..
December..
January
February. _.
March
April
May
-_.
June
July
August
September..
October

1930

$102,978
103,000

$100,000
100,000

$2,000
2,000

$5, 700
5,700

$7,700
7,700

102, 942
102,813
102, 875
102, 915
103, 003
102,813
102, 375
102, 375
102, 271
101,101

100,000
100,000
100,000
100,000
100,000
100, 000
100, 000
100, 000
100, 000
100,000

2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000

5,700
5,700
5,700
5,700
5,700
5,700
5,700
5,700
5,700
5,700

7,700
7,700
7,700
7,700
7,700
7,700
7,700
7,700
7,700
7,700

1931




$500
500

$62. 50
62.50

62. 50
500
500 • 62.50
500
62. 50 Indeterminate; date of maturity
500
62.50
unknown.
500
62. 50
500
62. 50
500
62. 50
500
62. 50
500
62. 50
500
62. 50

$6,178. 68
6,180.00
6,176. 52
6,168. 78
6,172. 50 Indeterminate; d e 6,174. 90 pendent upon an6,180. 18 nual sinking fund.
6,168. 78
6,142. 50
6,142. 50
6,136.26
6,066.06

PANAMA CANAL 2'S, 1916-1930
November
December
January
February
March
April
May
.Time
July
August
September
October

1930

$102. 750
102, 750

$100,000
100,000

$2,000
2, 000

$ '). 700
. 700
,
5,700
>. 700
\ 700
), 700
"), 700
\ 700
), 700
», 700
•». 7 0 0
\ 700

7,700
7,71)0
7, 700
7,700
7. *00
7, 700
7.700
7, TOO
7. 700
7, 7W)

1931




102,
102.
102,
102,
102.

779
659
C25
C05
750

<()•?.. f>1 i

102,S7f»
.102.292
101. 130

100,000
.100, 000
100,000
100,000
300,000
100. 00!)

looiooo
100,000
100, 000
100. 000

2,000
2,000
2,000
2,000
2,000
'?.. 000
2, 000
2, GOO
2. 000
2. 0C0

$500
500

$7, 700
7,7('O
!
I
|
I
i
:
!
•

$62. 60
62. 50

$164. 43
471. 65

$1,026.93
1,034. 15

$6, 673. 07
0, 665. 85

500
oOO
500
500
500

62.50
62. 50
62. 50
62. 50
62. 50
62. 5()
62. 50
62. 50
62. 50
62. 50

484. 03
470. 96
472. 49
487. 35
511.87
493.31
451 82
464. 94
460. 03
22S. 70

1,047.13
1, 033. 46
1,034.99
1,049.85
1,074.37
1.055.81
1,017.32
1.027.44
1.022. 53
71)1.20

6,652. 87
6. 666. 54
6, 665. 01
6, 650. 15
6, 625. 63
6.644. 19
6, 682. 68
6, 672. 56
6. (577. 47
0. 90S. M0

r»oo
500

$6,165. 00
0, 165. 00
6.166.
6.159.
f>. 157.
6,159.
6,105.
6. 156.
(>! 141.
6.142.
6. 137.
6. 067.

$508. 07
500.65
486.13
507. 00
507. 51
490. 25
460. 63
487. FR
540. 78
530. 06
»:«.). 95
841.00

0.494
.487
. 473
. 194
.495
.478
.448
. 47")
. 528
.518
. 528
. 832

O

O

c
8

to

216

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 23.—Investment value of Untied States bonds—Panama Canal bonds
and ks of 1980
I P a n a m a Canal bonds,
i
2's of 1910-1936

I""

Date

Rate of interest realized by investors

j Average
price, net

1931
January
April
.Inly
October

102. 7788
102. 6050
.102. 3(554
101. 1298

._

2 per cent bonds of 1930

Average
price, net

Per cent
1.477
1.476
1.512
1. 753

Rate of interest realized by investors

102. 9423 Indeterminate.
102.9150
Do.
102. 3750
Do.
101.1010
Do.

TABLE NO. 24.— United States bonds (circulation)—Monthly range of prices in
New York, November, 1980, to October, 1931, inclusive
Registered bonds
Date

1930
November:
Opening
Highest
Lowest
Closing
December:
Opening
Highest
Lowest
Closing

_
. - . - .--

102%© 103% N o t q u o t e d . . .
102%® 103%"
do
102)^@103%
do
102%© 103%
do
i
102%@l 03%
do
102%© 103%
do
102%@103% . . . . d o .
%® 103%
do

102%® 103%
102%® J 03%
102%® 103%
@103'K
102%®] 03%
102%©l 03%

1931
January:
() pening
Highest
Lowest;
Closing
February:
Opening
Highest
Lowest...Closing
March:
Opening
Highest
Lowest..
Closing
April:
Opening
Higlust
Lowest.
Closing
May:
O pen ing
HighestLowest
Closing
June:
Opening
Highest
Lowest
('losing
July:
0 pen i ng
Highest
Lowest
Closing
August:
() pening
Highest
Lowest
Closing.

.

-

102"'.£<ifM03%
102%© 103%
io2^»®io3

.....

__
-

102%'® 103%
102%® 103%'
]02J^®103%
102%® 103%

..

-

. . . ..

- -

-

-

- - - -

.

-.. .

-

.......
.

. _.... . . . . . . .
...




.......

..

^©103%
102%@103K
102H© 103%

do.
<]<).
do.
...do.

1 0 2 ^ ® 103 J£
102^®103M
102 ©103
103

1025,£® 103 %
102*6(«;103!4
1 (Y2%<ft 103 %
102|j -s® 1O3J/6

do
do
do
do

102%® 103%
102*6® 103^6
102%® 103%

do.
do..
do.
clo.

102%® 103
102H®103
102%® 103
0 ^

do.
do.
do.
do.

1023^® 103

_do_
do.
.do.
do.

102 ©102%
102 ©102%

._
..

do
do
do
do

:

:

102%®-103
102%@103
102%® 103
10234© 103

I
102%® 103%
0256® 103%
102*6® 103J^
102^8® 103^

-.

\

.-102%© 103

•

_

-do.
102H® 102*$
do
1 0 2 ^ ® 102*8
do
102J4® 1 0 2 * 6 d o

102 @102*g
1O2>6@ 102*6
102 @ 102*6

102

.._ . .. - . . .

102H® 102*6
102J/6® 102*6
102>6®102*6
1 0 2 ^ ® 102*6

do.
do.
do.
_do-

217

REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 24.— United Stales bonds (circulation)—Monthly

range of prices in

Neiv York, November, 1930, to October, 1931, inclusive—Continued
Kc-pistorod bonds
Coupon
bonds—
2's of 1930

Date

Panama 2's
of .19Hi-.1930

2's of 1930

1931— Continue!

September:
Opening
Highest
Lowest
Closing
October:
Opening
Highest
Lowest
Closing

' 102k:@102% Not quoted....'
j 102^(4102%
d o :
ii 1O1H®1O2J4:
do
!
do
;

--

do
....do
....do
.....do

101%@102}4

|

| 100; @101>

•i

TABLE NO. 25.—Number, capital slock, arid circulation outstanding of national
banks issuing circulating notes, together with the number and capital stock of
national banks not issuing circulating notes, June SO, 1931, by reserve cities and
States
[In tlio:i.s:i:i<ls of dollars]
Juno 30, 19:.5!

Banks issuing cireuluiion
Locution

Hanks not issuing
circulation

Number
of banks

Capital

Circulation outstanding

Number
of banks

15
3

231,901
12, 500

35, 930
8, 450

3
0

118,500
30, 450

18

214,104

44, 380

9

]48, 950

4
0
3

13,785
4, 975
800
30, 011
24, 850
5, 750
9, 075
1,000
J, 500
0, 400

3,410
1,019
000
4, 550
14,457
2,448
4,188
979
1, 145
2, 473

3

71,000
1,500

8
2

5,815
3, GOO

3
1

1,500
3,000

4, 500
5, 000
2. 800
12,000
1.300
2, 700
1,400
0, 900
2, 950
1,050
2,000
4,500
3, 300
7,900
7,000
4,700
500
7, 250
2,800
3, 200
7, 500
1, 500
13,400

400
4,150
2, 800
5, 095
790
2. 050
1,399
5, 503
2, 745
1,024
1.500
350
3, 070
2, 007
2, 925
1,227
488
3,719
1,459
2, 797
3,382
1,400
4, 701

2
1

5, 000
1, 500

1
1
2
1
2
1

150
300
1, 850
750
2, 500
2,000

1

GO
O

9

3, 250

1

5, 000
50C

Capital

CENTRAL RESERVE CITIES

New York
Chicago
Total central reserve cities
OTHER RESERVE CITIES

Boston. Brooklyn and Bronx
Buffalo
Philadelphia .
Pittsburgh
Baltimore
Washington
Richmond
Charlotte
_
Atlanta
Savannah
Jacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
Galveston
3 Toust on
San \utonio
Waco
Louisville
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis
Chicago
Peon a
Detroit.. . .
(Jrand Rapids
Milwaukee

9
4
9

.......

2
2
I
1

.__




..

2
o
3

_
.--...

5
4
2
2
2
4
2
3
.1
3

....

n
i
-

2
4

218

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 25.—Number, capital stock, and circulation outstanding of national
banks issuing circulating notes, together with the number and capital stock of
national banks not issuing circulating notes, June 80, 1931, by reserve cities and
States—Continued
[In thousands of dollars]
June 30,1931
Banks issuing circulation

Location

Number
of banks

Capital

Banks not issuing
circulation

Circulation out- Number Capital
standing of banks

OTHER RESERVE CITIES—continued

Minneapolis
St Paul
Cedar Rapids
Des Moines
DubuQue
Sioux City
Kansas City, Mo
___ __
St. Joseph
St. Louis
_
Lincoln
-_
________
Omaha
Kansas City, Kans
Topeka
1 ______._._
Wichita
Helena
Denver
Pueblo
-.
Oklahoma City
Tulsa
Seattle
_ _______
Spokane
Portland
Los Angeles
_
_
Oakland
San Francisco
_
._
Ogden
Salt Lake City
Total other reserve cities..

.._.._._

__
_

12.20Q
6,500
1,100
2. 500
700
650
2,800
900
13,650
300
3,100
950
700

2,637
593
1,000
304
250
648
666
336
1,840
197
1,150
792
400

i

--

4
2
2
2
2
3
3
3
4
1
3
2
2

300
1,050
600

200
650
399

2
2

2
5
1
3

3,200
13, 000
2,000
7,100
35,000
2,200
75,500
500
1,600

325
4,646
2,000
2,730
2,710
1,500
29,106
500
1, 542

185

394,256

203

2
3

______
_
_
_
________

4

2

1

350

1

250

1
4
1
3
2
3

400
5,500
200
3,100
1,050
1,900

1
4

500
2,400

4

4,250

5
2
3

7,200
2,750
800

1

200

4

6,500

1

625

87

148,890

638,660

192,681

96

297,840

6,770
5, 265
5,135
24, 927
4,020
18,248

4, 579
4,562
4,270
16, 243
3. 306
10,557

2
3
2
23
1
10

100
275
125
5,524
500
3,064

316

64, 365

43, 517

41

9, 588

399
206
722
15
66

._

500

148,295

45
51
43
117
9
51

Total sill reserve cities

1

54, 287
43,405
94, 568
1, 623
5,107

33,765
24, 483
62, 903
905
3, 639

112
88
54
1
3

17,105
13,115
4,940
25
452

1,408

198,990

125,695

258

35,637

137
98
39
22
57
29
84
21
22
340
38
109
87

23, 323
12,818
7,840
4, 500
6,280
6.110
11,295
2,940
5, 700
30, 525
4,065
10,878
12, 614

17, 791
9,954
5,093
3,194
4, 719
3,434
9,264
1,956
3, 097
21, 790
3,137
9, 560
11,301

14
6
12
9
8
19
7
7
6
165
18
12
1

1, 795
490
1,040
1,050
800
3,325
2,010
1,595
225
9,503
1,240
1,525
60

1,083

138,888

104, 290

284

24,658

COUNTRY BANKS

Maine
New Hampshire _ _
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania.
Delaware
Maryland

_ __
_
_

Total Eastern States
Virginia
West Virginia.
North Carolina__
South Carolina
Georgia
Florida
Alabama -_
Mississippi.Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States




__
_
__
_

_

REPORT OF THE COMPTROLLER OF THE CURRENCY

219

TABLE N O . 2O.—Number, capital .Hock, and circulation outstanding of national
banks issuing circulating notes, together with the number and, capital stock of
national banks not issuing circulating notes, June 30, 1931, by reserve cities and
States—Continued
[In thousands of dollar:1.]
June 30, 1931
I

Banks issuing circulation

Location

Number
of banks

Capital

Banks not issuing
circulation

Circulation out- Number
standing of banks

COUNTRY BANKS—continued

Ohio
Indiana
Illinois
Michigan...
Wisconsin..
Minnesota-.
Iowa.
Missouri

264
MS
334
JOS
] 25
191
.171
83

Total Middle Western Stales

1 , 235
2, 805
6, 235
285
3,1452,470
2,100
1,205
204 |

19,540

3, 7(50
2, 785
f>, 820
10, 517
2, 950
1,91.5
4, 275
1,525
8, 030

2, 745
1, 758
5. 463
8,104
1, 951
1,486
3, 214
1.357
5, 367

21 I
37
35
47
28
3
35
8
98 i

1,310
1,920
1,340
2, 165
1, 350
355
2,125
385
4, 415

720 I

42,007

31,475

312

15,395

(JO
02
119
'Ki
*8
10
9

Washington.
Oregon
California. __
Idaho
Utah
_._
Nevada
Arizona

114,706 I

121
181
29
22
70
IS
153

Total Western States.

A lasKa (non member banks)
The Territory of Hawaii (nonmember bank).
Total (nonmember banks)

20,332
17,920
21, 742
13, 344
11,110
10, 220
8, 567
5, 525

1.-2,705

North Pakota_
South Dakota..
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico—..
Oklahoma

Total Pacific States

30, 273
18,717
29, 98C
17,305
16,185
15, 900
10,855
7,430

8,170
4,055
10,390
2,135
500
1,500
1, 575

5,712
2, 981
10, 505
1, 588
415
1,2)4
1, 172

32
23
55
'
14
4

1,9C5
1,410
.5,910
515
175

:

3 !

11
!

3

23,fi17 |
225
3,150

4 |

3,375

225
10, HO

J i.-i i

50
50

3, ::<i3

Total country banks

.. . _j

5,274 | f>:{«, 155 | 440. 023

1,2:52 I

1 i 5, 008

Total United States

!

5,477 ,1,274,815 j 039, 304

i, 32S j

412,818




TABLE NO. 26.—National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on October 31, each year 1920 to 1931 to
[For prior years see annual report 1020]

Ones

Year j

r;2f>_.
1027..

Issued
: Redeemed._.
! Outstanding-.
; Issued
Redeemed....
Outstanding..
Issued
Redeemed. __
Outstanding..
Issued
Redeemed
Outstanding.
Issued
Redeemed-..
Outstanding...
Issued..
Redeemed. _ _
Outstanding.
Issued..
Redeemed ___
Outstanding..
Issued..

1028-.

Redeemed. _ _
Outstanding..
Issued
Redeemed. _.
Oustanding..

1929____

Issued
Redeemed. __
Outstanding.

Twos

|
23,160, 6;
1"), 495,038
22,827,771. 15, 331,750
341,000
103,288
23, Ifi9, 077 15, 49.r), 038
22,827,833 15,331,848
103,190
341,844
23, 100, 077 15, 495, 038
22, 827, 833 15,331,848
341,844
103,100
23, 100, 077 15,405,038
22, 827, 83:5 15, 331, 848
341,844
103,100
23, 100,077 15,405,038
22, 828, 230 15,332,144
341,447
102,804
23,1.09, 077 15,405,038
22,828, 230 15,332,144
341,447
102,894
23,109, 077 15, 495, 038
22, 828, 230 15, 332,144
102,894
341,447
23,109, 077 15, 495, 038
22,828, 230 15,332,144
102,894
341,447
23,109,077 15,495,03S
22,828, 230 15,332,144
162,894
341,447

23,109, 077
22,828,771
340,906

15,495,038
15,332,490
102, 548

Fives

Tens

Twenties

Fifties

One
hundreds

Five
hundreds

2,383,521,000 3. 803,905, 000 2, 250, 235, 520 321, 370, 450 | 442, 267, 100 12. 289, 500
2, 257,8f.l. 000 3,558,475,410 2,012,790.440 291.508,450 ! 411,724,400 12, 202, 000
87, 500
243, 445, 080 29, 802, 000 I 30,542,700
125, 059, 400
305, 429. 590
2, 530,904, 740 4.141,540,970 2,415,043,070 332, 564, 950 ! 449,880, £00 12,289,500
I 421,019,300 12,202,000
2,399,100,590 3, 820, 073, 620 2, 173, 273, V50 304, 103, 200
87, 500
242,370,510
131,708,150
28, 461, 750 I 28,861, 200 I
315,473,350
12,289,500
2,085,110,700 4. 395,016,970 2, 501,245,350 312,216,050 I 450, 449, 900 !
12,
2, 544, 035, 255 4, 072, 078, 350 2,312,253,700 315,487,700 1 429, 753. 200 | 202. 000
87; 500
140, 181, 445
20, 728, 350 20, 690, 700 :
322, 938, 020
248,901,050
12,
2, 839, 923, 800 4, 047, 494,400 2,705,631,030 353, 112,650 403,738, T.OO | 289, 500
12,202, 000
2,092,170,185 |4,323, 779, 050. 2, 45<>, 824, 520 325, 072, 850 436, 442, 500 i
87, 500
147,753,015
28, 039, 800 27, 296, 000 !
248.807.110
323,714,810
2, 980, 182, 020 4,894,019,300 2, 847, 074, 700 302, K02, 750 470, 320, 400 ! 12,289,500
2, 830, 525, 300 4, 508, 745, 090 2,500, 117, 200 335,219,000 443, 579, 000 I 12, 202, 000
87, 500
1.49, 057, 200
247, 057, 530 27, 583, 750 20,741,400
325, 274, 300
3. 116,207,920 5.114,836,580 ! 2, 075, 540. 250370, 484, 550 475, 441, 600 I 12.289,500
2,082, 11.0,315 4,815,802,380 2, 743, 128, 800 345,017,800 450, 454,100 12, 202, 000
87, 500
134, 001, 005
25, 406, 750 24, 987, 500
232,411,390
29S, 974, 200
3, 257, 207, 400 5, 340, 485,100 3. 105,239,010 378, 354, 750 4SO, 688,400 12,289,500
3,110,801,545 5, 049, 077, 800 2,880, 502, 880 354, 890, 850 457, 586, 000 12,202, 000
87, 500
140, 405,855
23, 463, 900 23,102, 400
224, 676, 730
291,407, 210
3,400,781,300 5,501,933,120 3, 229, 043,170 388, 738, 350 487,610, 800 12,289,500
3, 255, 070, 040 5,275.212,710 3, 003, 520, 200 303, 835, 500 404,120. f!00 12, 202,000
87, 500
145, 705, 320
23,490; 200
24. 902,850
225, 522, 970
280,720,410
3. 555, 075, 500 5, 797,444, 520 3,303,413,040 399, 609, 450 494, 877, 700 12,289,500
3, 405,149, 520 5, 516,163, 930 3,139,679, 780 c74,357, 700 471, 314,100 12, 202, 000
87,500
23, 563, 000
150, 526, 040
25,251,750
223, 733, 260
281,280, 590

3,071,900,460
3,552,259,160
119,641,300

5,973,600,340 3.404,377,800
6, 738, 093, 680 3,270,181,590
234,906, 060
194,196, 210

410, 619, 750 502,217,900
385,120, S00 478, 58S, 000
25, 498, 950 23, 629,900

12,289,500
12, 202,000
87, 500

One thou-1
sands I

Total

7,454,000 I 9. 325, 707, 345
7,433.000 I 8,500, 154,821
735, 552,f,24
2!,000 i
7, 454, 000 | 9, 920, 009, 015
7,433,000 ' 9, 181,400, 5.*i 1
717, 548, 494
21,000 •
7. 454, 000 10,498,453,185
7,433, 000 | 9, 732, 302, 880
21,000 i
760, 150, 299
7. 454, 000 : 11,008,309,255
7, 433, 000 " .10, 292, 084. 386
21,000 :
77o, 22< 869
7, 454, 000 : 11,018,808, 105
7,433, 000 10,840,981,084
21,000 |
777,827,081
7, 454, 000 12, 110,919, 115
7, 433, 000 11,304, 374, £29
21, 000
716, 544, 286
7, 454, 000 12,620,383,475
7,433, 000 11,916,714,539
21,000
703, 60S, 936
7, 454, 000 13, 120,515,015
7, 433, 000 12, 419, nfiO, 424
21. 000
700,954,591
7. 454, 000 13,069,428,485
7, 433, 000 12, 964,460,404
21,000
701,968,081

7, 445,000
7, 433,000
21, 000

Issued during current
year
456,046,770
003," 301," 700
509," 444," 140
'509," 856," 070
550," 498," 916

500,464, 300
500, 131, 540
M2,~9l3,~470

14,081,124, 4(55
13,482,639,401
598, 484, 974

411,695,980

105,877,205
4,190
105,873,075

105,877,205

NEW SERIES
1929.

Issued
Redeemed
Outstanding




35,101,935
1,630
35,160,305

49, 772, 020
560
49,771,460

18,571,160
'~18~571,"l60~

1,496,450
1,090
1, 495, 450

875, 700
1,000
874, 700

OLD SERIES
1930.... I s s u e d . _
Redeemed
Outstanding

3,671,919,360
3, 653, 245, 865
18,673,495

5,973,628,4£0
5,930,827,205
42,801,275

3, 464,305, 520
3,416,195,850
48,199, 670

410,619,750
402,050,200
8,569, 550

502, 217, t00
492,148,100
10,069,800

229,529,910
89,668,975
139,860,935

15,495,038
15,332,490
162,548

23,169,677
22, 828, 771
310,900

348,054, 240
91, 760, 420
256,293,820

179,673,000
25, 263,040
154,409,960

20, 756, 800
1,823, 550
18,933,250

11,307,400
433,700
10,873, 700

3,671,919,360
3,656,801,150
15,118,210

5,973, 028,480
5,942,854, 205
80, 774, 275

3,464, 395, 520
3, 431, 759, 720
32, 635, 800

410, 619, 750
404, (!02, M0
f >, 016, M0

502, 217, TOO
494, 799, C O
O
7,41S, 900

370, 660 020
237, 344, 670
133,315 350

539,871,600
L-90,390, 010
249, 481, SCO

12,289,500
0C0

87, 500

7,454,000
7,433,000
21,000

14,081,189,225
13,952,203,481
128,925,741

64, 760

789,321,350
208.949, 685
589,371,665

12, 202,

683, 444, C85

NEW SERIES
1930

Issued
Redeemed
Outstanding

!

H
O

OLD SERIES
1931

Issued
Redeemed
_
Outstanding..

23,169,677
22, 828,895
340, 782

15, 495, 038
15, 332, 568
162, 470

12,289,500
12.202, OCO
87,500

o

7,454,000 14.081,189,225
7, 433, COO I 13; 988, 613, 438
21,000 :
92,575,787

NEW SERIE3
lorn

Redeemed

Outstanding

i

1
NOTE 1.—First issue Pee. 21, 1863; first redemption Apr. 5, 1865.
NOTE 2.—Gold notes included since 1915.
NOTE 3.—Fractions and nonassorted notes not included.




280, 078,2T0 !i 28, r.12, COO • 17, 867, -100
97,0155,740
6,8.18,050 j 2. 018, 900
192, 907, 420
21, 744, 550 ! 15, 34X, 500

1,24;:, 484, 7S0 ' 4." ',163,430

O

612; 797; ::S0 !

g

I

hd

1
g

O

i
<
to

222

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 27.—National bank currency issued to banks monthly from November 1,
1930, to October 31, 1931, and since 1863
Issued on
account of
redemption

Issued on
bonds

Total issued

Grand total
issued since
1863

1930
$40,812,490
44, 542, 960

$1,809,020
1,098,710

$42,621, 510
45,641,670

$14,913,132,305
14,958,773,975

40, 859,480
32, 870, 340
33,059, 660
35, 506, 660
34,351,590
33. 897, 380
32, 941, 540
31,347,360
29, 350, 020
31,311,430

961,960
3, 786,120
3, 394, 780
1, 335, 230
1,038, 900
2,816, 260
4, 657, 820
2, 445, 360
2, 481, 870
4, 486, 490

47, 821, 440
36, 656, 460
36, 454, 440
36,841,890
35, 390, 490
36, 713, 640
37, 599, 360
33, 792. 720
31,831,890
35, 797, 920

15,006,595,415
15,043,251,875
15,079,706,315
15,116,548,205
15,151,938,695
15.188,652,335
15, 226, 251,695
15,260,044,415
15,291,876,305
15,327,674,225

426, 850,910

November
December

30,312,520

457, 163,430

1931
January
February
March
April
May
J une
July
A ugust
September
October.
Total

TABLE NO. 28.—National-bank notes received monthly for redemption during year
ended October 31, 1931 1
Received-by the Comptroller of the Currency

From national
banks in connection with
reduction of
circulation
and replacement with
new notes

Month

From the redemption agency

For replacement
with new notes

Retirement
account

Total

1930
$3, 240.00
10, 260.00

November
December

$40,930,640.00
44, 747,010.00

$1,898,650.00
2,392,585.00

$42, 832, 530. 00
47,119,855.00

1931
January
February
Marcli
April
May
June
July
August...
September
()ctober._

.

Total
Received from June 20, 1874, to
Out. 31, 1930
Grand total.
1

10, 440.
1,740.
22, 890.
3, 217.
60.
5, 460.
8,160.
2, 010.
300.
5,940.
73, 717. 50

429,938, 802. 50

2, 676,150.00
2,144, 350.00
2,378,932. 50
2,437,107.00
2,380,055.00 j
2,176.125.00
2,558; 480.00
2,171,715.00
2,153,025.00
2,930, 605.00

49,867,970.00
34,933,117.50
35, 318, 365.00
38,042, 422.00
36,840,415.00
36, 308, 320. 00
36,097,990. 00
34,038, 255.00
31,958, 395. 00
34, 922,665.00

28, 297, 779. 50 j

458, 310, 299. 50

58,938,617.50 12,146, 905, 457. 50

1,801, 300,602.00 ! 14,007,144,077.00

59,012,335.00 12, 576,844, 260.00

1,829, 598, 381. 50 j 14, 465, 454,976. 50

Notes of gold banks not included in this table.




47,181, 380.00
32, 787,027.50
32,916, 542. 50
35, 602, 097. 50
34,460, 300.00
34,126,735.00
33, 531, 350.00
31,864, 530. 00
29, 805,070.00
31,986,120.00

223

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 29.—National-hank notes received at currency bureau and destroyed

yearly since establishment of the system

Date

Amount

Prior to N o v . 1, 1865
.
D u r i n g the year ended Oct. 3 1 1866
1867
1868
.
1869
1870
1871
1872
1873
. .
. _
1874
1875
1876
1877
1878
1879
1880
188!
-..
1882
1883
1SS4
1885
1886
1887
1888
1*{'O
1891
1892
1893
189-1
1895
1896
189"
1898

. .

_._
_

-_.

1 S( )9
l<!00
191)1

_-.
. -.-

...

$175

»,490

Date
During the year cndod Oct. 31—Con.
1902
1903
1904
1905
1906
1907
1.908
1909 .
19.10
1911
1912
1913
1914..
1915
1916
1917 ..
1918
19U)
1920 ....
1921
1922
1923
1924
1925
1920. . ..
1927 . ..
1928._
1929
1930...

1 , 0 5 01,382

3,401 ,423
4,002!, 825
8,603 729
14,305>, 689
24,344 ,047
30,211 ,720
36, 433 ,171
49,939 ,741
137, 697', 696
98,672 71.6
76,9181, 963
57 381 , 249
41,101 ,830
35, 539i, 660
51, Ml ,130
74,1)17 ,(,ll
82,913:, 766
93,178;, 418
91,048 723
59 98< 1,810
47, 720i,083
59. 5681, 525
52, 207' 627
,
44,447 ,467
45, •)81 , 963
,
43,885» 319
44,895i, 466
62,835\, 395
46,997',52/
53.6131,811
83.159), S73
06,683 , 467
i,
59.9S>> 303
71. 065 , 968
(
J0, 818 ,100

Amount
.

.. . _
_..
.
.__
.._.
.. . . .

._

Total
Additional amount of insolvent and
liquidating national-bank notes !|
destroyed ...
Gold notes
i
Grand total.

$107,222,195
140,306,990
167,118,1.35
195,194,785
191,102,985
197,932,847
231,128,140
1*26,622,845
359,496,000
409,835,965
428,399,608
426,282,840
435,904,2S0
362,551,125
351,374,597
298,468,107
236,296,660
330,106,555
424,5-42,837
570,887,902
537,153,570
542,1.94,707
522,241,817
470,950,865
487,254,340
475,920, 522
517,236,165
492, 160, 200
645,640,640
433,315,240
13,200,118,847
1,352,682,606
3,390, 560
14, 622,192,013

In addition, $46,115 destroyed in transit.

TABLE N O . 30.—National-bank

notes issued during each year 1914 to 1931,

national-bank notes of active, insolvent, and liquidated batiks destroyed, total
destructions for each year, and percentage of destructions to issues
[For prior yoars, see annual report, 1920]
Destroyed

Year ended
Oct. 31—

Total outstanding

Active banks

1914
1915
19161917
19181919_
1920.
1921
1922
1923
1924_
1925--.
1926
1927-_
1928
19291
19301
1931

$818, 227, 830
364, 049, 710
356, 300, 750
325, 570, 430
260, 155,140
356, 738,100
456, 046, 770
603, 301, 700
569, 4.44,140
569, 856, 070
550,498,9.10
492,110, 950
509,464, 360
506,131, 540
542,913,470
517,573,245
083, 508, 845
457, 163, 430

i N e w series included.




Insolvent
and liquidated banks

Total

$435, 901, 230
302,551,125
351, 374, 597
298,468,197
236, 296, 660
330, 106, 555
424, 542, 837
570, 887, 902
537, 153,570
542, 194, 707
522,241,817
470, 950, 865
487, 254, 340
475, 920, 523
51.7, 236, 4o5
492, 160, 2sJO
615, 641, 610
433, 315, 340

$20,246,418
342, 807, 352
59, 026, 804
38,901,595
20,238,7.17
21, 864, 635
19, 794, 540
20,417,025
13,688,630
17,586,750
26, 654, 568
82, 442, 855
35,085, 342
26, 925, 355
27, 663, 505
26, 022, 684
32,927, 810
27, 772, 332

$456, 150, 698
705, 358, 657
410,401,401
337, 369, 702
256, 535, 377
354,971, 190
444, 337, 377
591,304,927
550, 842, 200
559,781,457
548, 896, 385
553, 393, 720
522, 339, 682
502, 815, 878
544, 899, 970
518,182.884
678, 509, 480
461. 0S7, 072

$1, 1.21,468,911
781, 268, 793
720, 069, 290
710,276,375
721, 471, 137
722. 394, 325
732, 549, 629
743, 288, 847
760, 679, 187
772, 606, 269
774,281,624
713, 802, 744
700,714,532
702, 992, 694
700, 152, 454
700, 328, 815
700, 155, 900
669, 969, 411

Per cent
destructions,
active
b a n k s to
issues

Percent
destructions to

53. 27
99. 59
98. (52
91.68
90. 83
92. 53
93.09
94. 62
94. 33
95. 1.1
94. 86
95. 70
95. 04
94. 03
95. 27
95. 08
94. 45
94. 78

55. 75
193. 75
115. 18
103. 62
98. 61
99. 5C
97. 43
98. 01
96. 73
98. 23
99. 72
112.45
102. 52
99. 35
100. 36
100. 11
99. 27
100.85

issues

224

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 31.—Amount, denomination, and cod of national bank currency
received from Bureau of Engraving and Printing, year ended October 31, 1931
N E W STYLE, 6-SUBJECT S H E E T , SERIES OF 3929
Denominations

Amount

Cost of paper

Cost of printing, etc.

Total cost

$130,674, 660. 00
190, 791, 720. 00
84, 811, 200. 00
6,1.57, 800. 00
3, 100, 800. 00

10
20
50
100
Total

$32, 9S9. 78
22, 523. 92
5,000. 12
145. 66
36. 61

$204, 529. 72
139, 702. 09
31, 059. 20
901.39
227.03

$237,519.50
162,226.01
36,059. 32
1,047.05
263.64

424, 536,180. 00

GO, 69G. 09

376,419.43

437,115.52

TABLE N O . 32.—Vault account of currency received, and issued by currency bureau
during the year, and the amount on hand October 31, 1931
OLD SEMES

National bank currency in vaults at the (-lose of business, Oct. 31, 1930
National bank currency received from Bureau of Engraving and Printing during the year
ended Oct. 31, 1G31
Amount issued to banks during the year
Amount in vaults at close of business.. Oct. 31, 1931

$19,930
0
0
19,930

NEW SEIIJES

National bank currency in vaults at the close of business, Oct. 31, 1930
237,981,740
National bank currency received from Bureau of Engraving and Printing during the year
ended Oct. 31, 1931..."
.
'____ 424,536,180
Total to be accounted for
Amount; issued to banks during the yenr
Amount withdrawn from vaults and canceled
Total withdrawn...
Amount in vaults at close of business, Oct. 31, 1931
Add "Old series"
Total amount in vaults

$457,163,430
12, 207,530

662,517,920

469,370,960
193,146,960
19,930
193,166,890

TABLE N O . 33.— Vault account of currency received and destroyed during year
ended October 31, 1931
Amount in vault of redemption division of currency bureau awaiting destruction at close of
business Oct. 31, 1930
$9,203,070.00
Amount received during year ended Oct. 31, 1931
458,310,299.50
Total
Withdrawn and destroyed during year
Balance on hand in vault Oct. 31, 1931
NOTE.—Notes of gold banks not included in this table.




467,513,369.50
461,087,524.50
6,425,845.00

REPORT OF THE COMPTROLLER OF THE CURRENCY

225

TABLE N O . 34.—Amount of currency received for redemption, by months, from
July 1, 1930, to June 30, 1031, and counted into the cash of the National Bank
Redemption Agency

National-bank
notes

Federal
reserve bank Federal reserve
notes
notes

United

States
currency

Total

1930

July—.
August
September..
October
November..
December..

$39, 857, 079 00
30, 619,068 00
45,811,352 50
48, 528, .197 00
43, 593, 355. 00
44, 210,109 00

$10,235.00
25, 318.00
18,007.00
19,002.00
10,732.00
21,393.00

$741,150.00
1,027, 510. 00
1,028,315.00
1,107,405. C
O
1,243, 220.00
1,110,830.00

$21,902.47
37, 038.04
24,929. 27
37,134. 00
27, 220.00
20.270.00

$40,666, 306.47
37, 708, 934.04
40,883, 263. 77
49,692,458.00
44,880, 527.00
45, 380,608.00

1, 274, 405. 00
713, 770. 00
814, 405. 00
785, 220. 00
730, 525. 00
789, 730. 00

37, 000. 50
22,113.00
10,894. 39
15,389.85
9,897. 00
27, 084. 50

48,740,183.50
35,092,193.50
30,315,257.89
38, 805, 810. 85
30, 002,985. 06
38. 829, 650. 50

276,402.00 '•• 11,378,005.00

298,079. 08

499, 604,299.18

1931

January
February
March
April
May
June
Total

47, 390, 300 00
34, 324, 330 50
35,473,211 50
37,988,021 00
35,847,010.00
37, 990, 393. 00
487, 651,152. 50

37, 758.00
31,974.00
1.0, 087.00
.17,180.00
8, 953. 00
15, 843. C
O

TABLE N O . 35,—Amount of currency received by National Bank Redemption
Agency for redemption in year ended June 30, 1931, from principal cities
Boston
New York
Philadelphia
(i1 leveland
Richmond
A tlanta
Chicago
St. Louis
Minneapolis.

$31, 217,132. 00
07, 200,400.00
41,933,133.00
23, 340, 000. 00
20, 483, 450. 00
12, 506,050. 00
58, 201, 4S4. 00
10,366,952.00
10, 722, 000. 00

Kansas City
Dallas
San Francisco
Cincinnati
Baltimore
N e\v Orleans
Other sources
Total

$9,773,600.00
13,189,950.00
19,794,830.00
10,693,300.00
8,903,500.00
C, 557,681.00
148,748,786.02
499,632,228.02

NOTE.—The difference of $27,928.84 between the totals shown by this table and Table No. 34 represents
the net adjustments for overs, shorts, and spurious issues found in remittances received.
The total amount of currency of allissues received by the National Bank Redemption Agency and counted
into cash from June 30,1874, to June 30,1931, exclusive of deductions for shortages and spurious issues, is
$19,320,385,050.92.




226

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 36.—Cost of redemption of national-bank notes during the year ended
June 30, 1931
Amount of expenses
Office Treasurer Office CompI'nited States
troller of
Redeemed out of 5 per cent fund, unfit for use:
Salaries
Printing, binding, and stationery
Contingent expenses
Express charges
Insurance
Postage
_.- _

Total

Currency

(X. B. K.A.)

$270, 599.05
3,281.65
2,292. 90
4.15
12,019.91
9.291.44

128,054.45

425, 543. 55

15,053.15
189.83
.132.64
.24
095. 31
537.47

Total

12,185.41
05, 201. 93

$319, 592.66
4,158. 21
3,089.84
4.15
24,205. 32
74,493. 37

297. 489.10

Total..
Redeemed on retirement account:
Salaries
Printing, binding, and stationery..
Contingent expenses
Express charges
Insurance
. . .. .__...
Postage

$48,993.61
870. 50
796.94

2,834.10
50. 70
40.10

18,487. 25
240. 53
178. 74
. 24
095. 31
537.47

17, 208. 04

2, 930. 90

20,139. 54

3J4.697.74

Aggregate..

130, 985. 35

445,083. 09

Amount of
expenses

Amount redeemed
Redeemed out of 5 per cent fund, unfit for use
Redeemed on retirement accoun t

Rate per
$1,000

I $400, 887, 080. 00
I 20,660,594.50

$0.92331412
.75540458

$425,543. 55
20,139. 54

.91413229

445, 683. 09

Total..

487,547,074.50
I

TABLE N O . 37.—Classification of Federal reserve currency redemptions, the amount
redeemed, number of notes, cost of redemption per 1,000 notes, and amount assessed
upon Federal reserve banks, year ended June 30, 1031
Amount
Federal reserve notes:
Received from sources other than Federal reserve banksSalaries
...
Printing, binding, and stationery
Contingent expenses

$895. 85
10. 80
7. 59

Total.
Received direct from Federal reserve banks and branches canceled and cutSalaries
Printing, binding, and stationery.
Contingent exx>enses
1

914. 30
42,159. 2t
138. 07
396. 27

Total

|

Aggregate.
Amount in
dollars

Federal reserve notes:
Received from sources other than Federal
reserve banks and branches
Received direct from Federal reserve banks
and branches, canceled and cut
Total




42,094.18
43, 008.48

Number of
notes

Rate per
1,000 notes

Assessment

$11,081,285

1,130, 552

$0. 80872300

$914.30

1,052,310,150

107,250,015

.30805038

42, 094.18

1, 003, 997, 435

108,387,107

.40233987

43, 008.48

KEPOKT OF THK COMPTROLLER OF THE CURRENCY

227

TABLE NO. 38. — Taxes assessed on national-bank circulation, ycare ended June 30,
1864 to 1931; cost of redemption, 187 Jt. to 1931; and assessments for cost of ylates,
etc., 1883 to 1931

Year

1804-1882
1874-1882
1883
1S84
1885
188G
1887
1888
1889
1800
181)1.
18<)2
1893
1894
1895
189(5
1897
1898
1899
1900
1901
1902
1903
1904.
.1905

v.m
1907
1908
1909
1911
1912
1913
1914
1915
loir,
1MJ7
191S
1919
1920
1<;21
1922
1923
1924
1925
1920
1927
1928
1929.

Semiannual
duty on
circulation

! «,
152,253,518.24 j . . _ _
!
J $1,971,587.10
3,132,006. 73
147,592.27
3,024, 008. 24
100, 890. 65
2, 794, 584.01
181, S57.16
2, 592, 021.33
108, 243.35
2,044,922.75
138,967.00
1, 010, 127. 53
141,141,48
1,410,331.84
13 L, 190. 67
1, 254. 839. 65
107, 843. 39
1, 216, 104. 72
99, 360. 52
1, 331, 287. 26
100, 593. 70
1,443, 489. 69
103, 032. 96
1, 721, 095.18
107, 445.14
1, 704, 007. 69
100, 352. 79
1, 851. 676.03
111,085.63
2,020, 703. 65
.125,061.73
1,901,817.71
125,924.35
1,991,743.31
121,291.40
1,881,922.73
122,984.76
1, 599, 221. 08
140, 230.18
153, 790. 33
1, 033, 309.15
174, 477. 62
1,708,819.92
219,093.13
1,928,827.49
247,973. 26
2, 1.03, 882. 05
250, 924. 24
2, 509, 997.80
233, 050. 52
2,806, 070. 54
270,810.21
3,090,811.72
390,743.15
3.190, 543.04
434,093. 10
3,463, 466. 68
413,380.12
3, 507, 037. 21
505, 735. 21
3, 090, 313. 53
517,842.93
3,804, 762. 29
529, 013. 36
3. 889, 733.1.7
2 3,901,541.18 }
498, 328. 60
2,977, 066.73
450, 150. 22
3, 744. 967. 77
420. L60. 12
3, 533, 031. 28
412,785.92
3, 650, 895. 34
528, 124. 24
3, 027, 060. 80
974, 058.11
3,700.901.15
3, lift, 146.00
3, 800, 590. 02
594., 108.70
3,941,401.17
514-. 598. 55
4, 030, .'536. 30
527, 979. 90
4, 003, 708. 32
15<>, 790. 43
3.001,819.45
494,470.91
3,277,512.90
407,-111. 42
3,253,401.97
465,080.16
3,231,240.29
/
3,441,152.95
461,375.92
3, 248. 327. 85
3, 242, 977.92

1930
1931

Total-_

Cost of
redemption
of notes by
the United.
Si;ates
Treasurer

190, 583, 317. 35

642, 670. 54
44;% 083. 03
38,20£,540.:.-l

Assessment for
cost of
plates,
new
banksl

AssessAssess- ment for
ment for
cost of
cost of
plates,
plates,
add iextended
tional
banks
or duplicate
!

Assessment for
adding
signatures
to plates,
etc.l

'
i

_i

$25,980
$34, 120
18, 845
1,950
13,150
97, 800
14,810 I 24,825
18, 850
1, 750
14, 100
3,900
12,200
575
24,175
725
18, 575
7, 200
L5, 700
8,100
5, 200
14, 225
4, 375
4,050
0,875
4,950
3,750
5, 450
1, 700
3, 050
1,775 I
5, 275
2.850
8, 200
29, 200
15,050
85. 975
13.500
43, 200
14. 425
54, 475
40, 325
45, 500
12,000;
47, 825
04,800 :
54,150
3 1 , •!.-() '
70. 275
12,975 :
•18,450
10,025 !
31,475
10,800 :
55,125
17,500 i
22, 375
27. 875
28,190
22. 740
$1,130
li), 805
28, 500
(». 975
8, 500
0, 300
.11, 560
10, 000
10.085
9. 200
10,770
15, 000
31.850
31,070
18, 24 \
23, 4fS4
18, 7;'>0
12, 082
22, 948
22. (US
20, 890
15,792 I
3, 930
2. 280
3, 171

13,855

3, 420
0, -100
9, 100
7, 590
20,770
12,070
17,220
25, 2'>2
3\3SK
4. 101
30, .7)4
37,921
21, 728
.- ( J ] j

j $52,253,518.24
1,971,587.10
3, 339. 699.00
3,206, 359.89
3,087,391.17
2, 799,899. 68
2. 204,489. 75
1,775,239.01
I, 554, 297. 51
1, 387, 583. 04
1,341,240.24
1,455,680.90
1,565,947.05
1,836,965.32
1,816,185.48
.1.974,901.06
2, 150, 515. 38
2. 034, 792. 00
2, 124,084.71
2,019,157.49
1,844,932.26
1, 844, 730. 48
1, 978, 097. 54
% 200, 020. 62
2, 524, 480. 31
2.810,522.04
3, 128,971.00
3, 420,120. 93
3. 029, 501. 19
3, 970, 184. 78
•1. 0f>0. 007. 33
1,251, 108.74
4. 377, 945. 22
4,445,100.53

|

11, 175

9, 700
0, 000
II. 120
15! 310
2;<, 9«)0
82, 100
52, 780
5, 850
3, 550
4. 15(!

Total

!

!

i
!
|
!
j

$!03, 00
811.0!)
773,00
:
591.00
I 1,010.00
! 1. 110.00
i 1.229.89
!
/ 1,322.30 \
t
54.00 J
--; 8,280.00
--1 11,079.00

1,J79.9S9 i 703,597 \ 275,000

:

7,418,026.51
4,218,322.09
3,975,451.70
4, 10.5, 071.26
4, 194,015.04
4, 702, 509. 20
5, 047, 030. 02
4, 024. 372. 87
4,000,351.85
4, 040, .101. 22
4, 143, 742. 88
3, 827.105. 81
3. 782; 525. 39
3', 743,108.34
3, 941, 541. 17
3,901, 570. 39
3,702,914.01

27,383.19 j 211,094,833.08

1
B e g i n n i n g in t h e l a t t e r p a r t of 1!?29 iiinounis in this c o l u m n concern logotypes influent to r e d u c e d sizo
notes, Series of 1929.
-' T a x collected on a d d i t i o n a l circula J o n u n d e r act; M a y 30, 1908.
N O T E . — A v e r a g e cost p e r $1,000 for n:ition:<l-banic notes r e d e e m e d in 1925, $0.83; i n .1926, $0.94; i n 1927,
$0.93; i n 1928, $0.80; i n 1929, $0.95; in 1930, $0.88; a n d in 1931, #0.9].




228

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 39.—Federal reserve notes outstanding according to weekly statements
{amount issued by Federal reserve agents to Federal reserve banks, less notes redeemed), and collateral security therefor, from November 5, 1980, to October
28, 1931
[Tn thousands of dollars]

Bate

Federal reserve notes
outstanding

Collateral security
Gold

Eligible paper

Excess collateral

1930

Nov.5..
Nov. 12.
Nov. 19.
Nov. 26.
Dec3._.
Dec. 10..
Dee. 17..
Dec. 24..
Dec. 31..

1,788,411
1,813,434
1,814,878
1,851,713
1, 874, 572
1,961,93(5
2, 047,285
2,121,087
2, 093, 625

1,583,416
1, 598, 251
1, 589, 056
1,502, 50(5
1, 588, 506
1,650,870
1, 665, 310
1, 703,400
1, 730,439

354, 528
337, 099
333, 844
358,944
407,749
437,991
518, 665
631,915
507,788

149,533
121,916
108,022
99,737
121, 683
126,925
136,690
214,228
144, 002

2,101, 889
2, 008, 736
2,031, 901
1,986, 829
1,902,134
1,897,944
1, 858, 540
1,856,233
1.869, 906
1,801,648
1,871,904
1,874,635
1, 895, 399
1,911,513
1,929,937
1,939,247
1,932,278
1,940,192
1,934,945
1.955, 838
1,957, 603
1,964,821

1. 691,189
1, 740, 589
1,763, 219
1,784,009
1,724,459
1,752,459
1, 713, 789
1,724,089
1,705,384
1, 715, 384
1,710,384
1,729,624
1,725,124
1, 733,114
1, 760,114
1,782,614
1, 782, 314
1,774,714
1,757,864
1, 700,864
1,792, 364
1,778,164
1,883,674
1,908,344
1,903,284
1,933, 564
1,904,764
1,990,864
2, 003, 339
2 058, 539
2. 003, 779
2,077, (588
2.124,088
2,152,013
2, 104. 613
2,190, 048
2. 225,948
2, 150, 539
1,927,710
1, 803,400
1, 053, 575
1,537,885
1,519,190

508,820
391, 908
336, 319
292, 060
282, 2£0
265, 920
252,991
250. 470
255, 540
288,207
250, 050
239, 742
301, 556
299, 2(52
254,107
261,546
300, 9(>9
311, 017
276,288
2(><), 780
267, 779
284, 0€>2
301,972
277, 190
285, 405
222, 597
210, 206
190, 431
210,063
204, 222
204, 851
270,131
274,314
291, 337
2 % , 094
289. 833
302, 15<s
450, 342
712, 4E0
904. 282
1, 258, 310
1,309,840
1, 338, 831

98,120
63,821
67,637
89,240
104,575
120.435
108, 240
118,326
91,018
141,943
95,130

1931

Jan.7._._
Jan. 14___
Jan. 2 1 . . .
Jan. 28...
Feb.4..__.
Feb. 11—
Feb. 18—
Feb. 25...
Mar. 4 . . .
Mar. 11 -.
Mar. 18..
Mar.25__
Apr.l—
Apr. 8...__
Apr. IS...
Apr. 22...
Apr. 29—
May ()...
May 13. _
May 20. _
May 27..
J uno 3....
June 10. .
June 17..
June 24..
Julyl.-..
July8.....
JuTy IS...
July 22...
July 29...
Aug. 5.
Aug. 12..
Aug. 19..
Aug. 26..
Sept. 2 . „
Stp 9
Sept. 10. _
Fept.23..
Fep1;.30._
Oct.7____
Oct. 14...
Oct. 21...
Oct. 28.. .




2, 076,103
2. 099, 019
2. 097,809
2, 111,944
2.132,684
2,134,903
2, 135,945
2. 181,235
2, 199, 250
2, 251, 746
2.300,913
2, 335, 943
2. 357, 00H
2,408,612
2. 441, 877
2, 484.834
2. 521, 647
2, 084,753
2, 079, 508
2,715,018
2, 720, 0fi2

94,731
131, 281
120,863
84,284
104,913
151,005
145, 539
99,207
104,800
102,540
97,405
109, 543
86, 515
90,880
44, 217
48,286
52, 332
77, 457
81, 526
(59, 380
9(5,073
97,489
107,407
104,299
71,809
86, 229
122,047
118,513
142,929
232,383
192,707
137, 979

TABLE N O , 40.—Federal reserve notes, segregated by series, printed, shipped, and canceled, issued to banks, retired, and destroyed since
organization of the banks, with the balance in vaults and amount outstanding October 31, 1931
VAULT BALANCE OCTOBER 31, 3931, 1914-191S SERIES

2

Fives

o

Twenties

Tens

Fifties

One hundreds

One thousands

Five hundreds

Five thousands

Ten thousands

Total

3

CO

*° Total printed
Total shipped and canceled

*5 370,100.000 &> 078. 520. 000 $fi. 092. 240, 000 $1,283,800,000
",
5,370,300,000 5, 97K 520,000 0, 092,240, 000 1,-283,800,000

$884. 400, 000 $.173, 000. 000 $333. GOO, 000 $.108,000, 000 $184,000,000 $20, 407, COO, 000
884., 400, 000 j 73, 000, 000 333,600, 000 108, 000, 000 184, 000, 000 20, 407, 660, 000

V A U L T B A L A N C E O C T O B E R 31, 1931, 1928 S E R I E S
Total printed..
.
T o t a i shipped anci canceled
T o t a l on h a n d

. . :$ 1,870,440,000 $2. 287. 680, 000 |$2. 169,840, 000 I $815. 400, 000
j . w 2, :>00,000 i, itii1.*, 44U, IHHJ ;>/{">,'2SU, O U i 652, 200, 000
U
706, 940,000

698,240, 000

594,500,000 !

263,200,000

$022. 800, 000 |$321, 060, 000 $424,596,000 $48,840,000
022, 000, 000 J 190, 060, 000 277,796,000 j 2fc. 400, 000
146,800, 000 ; 20, 380, 000

300,800,000 ! 131,30(5,000

$56. 8S0, 000 $S. 027. 43C\ 000
27. 720. U O (I 036, 050, 000
O
2U, 160, 000

2,891, 330, 000

COMBINED VAULT BALANCE OCTOBER 31, 1931, ROTH SERIES
Total printed.
..
Total shipped and canceled.
Total on hand _

'$7. 219, 540, 000 $8. 266. 200. 000 $8,262,080,000 $2,099,200,000
, 6. 542,600,000 ', 567, 960, 000 ', 667,520, 000 .1,^36,000,000
706,940,000

098, 210, 000

263, 200, 000

594,560, 000

o

I, 807, 200, 000 "404, 960, 000 -$75S, 196, 000 !$156. 840. 000 $240.880. 000 $29. 335,096. 000
J, 506, 400, 000 363.660,000 I 6i 1,396, 000 I 136,460,000 211,720,000 26, 443, 716, 000
300, 800, 000

131, 300, 000

116, 800, 000 | 20, 380, 000 29,160,000

2,891,380,000

ISSUED, RETIRED, AND OUTSTANDING OCTOBER 31, 1931, 1914-1918 SERIES
I

Total issued
Total retired
Total outstanding..

$0. 148, 375, 250 .$6.990, 812, 040 $7,192,258,040 $1,486,600,050 $1, 111, 562, 800 !$184, 528, 500 $424,150, 000 $73, 340. 000 $127, 260, 000 $23. 738, 946, 6S0
, 6. 117, 030, 080 j 6, 946, Obo, 210 7,110,685,840 1.454,633,100 .1,074,950,100 j 177,314,000 404,332,000 j 73, 105, 000 120, 080, 000 23, 490, 821. 930
31,344.570

44, 726,830

75,572, 200

32, 026, 950

36, 606, 700 I

7, 214, 500

19, 818, 000 I

235, 000

580, 000

248, 121, 750

$5, 155, 000

$7. 2fiO, 000

$5,569,021,080

4, 320, 000

3,830,000

2,497, 638,250

ISSUED, RETIRED, AND OUTSTANDING OCTOBER 31, 1931, 1928 SERIES
Total issued
Total retired
Total outstand ing




$1, 135.810,020 $1. 030.174. 120 '$1. 405,941, 240
826. 347, 430 1,021, 3 J8r 520 : 752,201,180
309, 403,190

60S, 855, 600 i

713,740, 060 I

$448, 805, 000
183,951, 100
264, 913, 900

$510, 240, 000 $125,134.000 '$211, 342,000
170, 495, 500
47, 524, 000 i (56, 181, 000
o69, 744, 500

77, 610, 000

:

145,161, 000

TABLE N O . 40.—Federal reserve notes, segregated by series, printed, shipped, and canceled, issued to banks, retired, and destroyed since
organization of the banks, with the balance in vaults and amount outstanding October 31, 1931—Continued

CO

COMBINED-ISSUED, RETIRED, AND OUTSTANDING OCTOBER 31, 1931, BOTH SERIES

o

Fives

Tons

Twenties

Fifties

One hundreds

Five hundreds

One thousands

'$7,284,185,870 ;$8,620,980,160 $8. 058, 199, 2S0 !$1, 935, 525, 050 $1,051,802,800 $309, G62, 500 $635,492, 000
.; (5, 943, 378, lit) j 7, 9(37, 403, 730 7,808,887,020 j .1,038,584,200 1,245,451,000 224, 838, 000 470, 513, 000

Total issued
Total retired _
Total outstanding

!

340,807, 760

053, 582,430

789,312,260

2%, 940,850

406,351,200

84, 824, 500 164,979,000

Five thousands

Ten thousands

Total

$78, 495, 000 $134, 520, 000 $29, 309.808, 660
73, 940, 000 130, 110,000 20, 503.105, 660
4, 555, 000

4,410,000

to

1

2, 745, 703, 000
3

M U T I L A T E D F E D E R A L R E S E R V E NOTES, BY DENOMINATIONS, RECEIVED AND DESTROYED SINCE ORGANIZATION OF BANKS AND ON" HAND
IN VAULT OCTOIIKK 31, 1931, 1914-1918 SERIES
O
Boston.
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

.

.
....
_._
. ..
..

.

Total received
Total destroyed
Balance on hand.
(Canceled vault stock).

$450,301,995 : $693, 942, 030
1,479,428,005 : 1,755,433,010
517,039,700 j
563,134,190
364. 195.565 i
435, 493. 610
228. 729, 450 i 273. 393. 290
208, 627, 435 !
308, 483,480
819,720,850
841,430, 690
207,549,610
213,395,180
145.237,335
141,718,570
2IS, 260, 705
102,866,560
141,95S,490
128,933,810
456, 939, 290
411,387,720
5,297,9SS, 430
5, 297, 97-1, 430
14, 000

$510,718,940

$20, 085, 000
$3, 900.000 i $8,010,000 $1,815,089,715
5, 157,376,145
980, 000 : 15,910.000
120,432^000
1,930,338,470
12,811, 000
I
8,155,000
3, IMC). (.-CO 1,939,722,305
."980." 000 T
975. 220, 200
8.219.000
!, 000. 000 j
4.000.000
1,024,240,065
36.3911 000
2, S97,124, 890
16,750,000
!. 915, 000 ..
091,005,420
3,959, 000
5,000,000 I
3, 9S0, 000
437, 097, 305
2, 559, 000
610,008.985
3, 934, 000 i
434,541,340
4, 180, 000 j
19, SHI. 000 I 13, 930, 000 | 19, 5«0, 000 | 1, 804, 639,190

$51,448,250
250, 234, 550
1S2,122,800
21)2,819,200
81,404,400
41,303, 250
195,172,550
27, 699,250
7,601,400
18,005,100
10,46S,700
fifi, 003, 600

257,362, 000 I 35, 765, 000 I 55, 420, 000 19, 723, 130, 7c0
257,300, 000 85, 765, 000 j 55, 420, 000 | 19, 723, 009, 050

5. 929. 612,170
5, 929, 58 /', 170

2,000 "

25, 000

40,000,000 | 128,000,000

121,700
168, 000, 000

MUTILATED FEDERAL RESERVE NOT MS, BY DENOMINATIONS, RECEIVED AND DESTROYED SINCE ORGANIZATION OF BANKS AND ON IIAND
IN VAULT OCTOBER 31, 1931, 192S SERIES
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta

.




$40. 300, 770
79. 580, 325
51,552,705
44,910, 145
28.543,175
25. 284, 905

$10-1,057.270
S3, 082, 200
04,216,810
00, 705, 840
34,352,100
30,527,160

$15. 35S. 520 •
31.250.020 :
39, K01,180
60,210.320
30, 962. 640
20,649; 280

•S3, 355,000
6,419,250
15,508,000
9, 703,100
4,894,400
1,189,850

$2,700,100
3. 389, 400
3, 944, 000
1,250,900
1,067,000
821, 400

$199,000
542,000
283, 000
443,000
77, 500
50, 000

$431,000
S73. 000
519. 0C0
019,000
202, 000
103,000

$25, 000

$30. 000

15, 000
5, 000

10, 000
70, 000

$202, 57(5. 600
205,130, 855
175, H84, 695
177.879,305
iOO,]7o,S15
78, 02.", 595

O

S

CtlicTsIO
St. Louis
Mj"nnea7>olis
Kansas Citv
Dallas
.
San Francisco

64, 239,115
39,436,410
8, 5S7, 645
19.403,925
11.341,025
44,621,885

12,748,050
664,250
193,700
778, 700
288,400
1,303, 600

2,132,700
651,600
328, 200
879, 900
592, 200
1,923,800

157, 500
12, 500
2, SCO
446, 500
112,000
89, 000

540,968,920
536,927,020

350.585, 280
348,136, 780

57,046. 300
56,648,200

19, 747, 200
19,554,400

2,414,500
2,401,000

3,816,000
3, 806, 000

2, 983, 200

Balance on h a n d .

31.902.360
17, 590. 580
6.155, 720
.18,745,380
11,494,160
36,314, 520

463, 868. 030
460, 884, 830

Total received
Total destroyed

56,150, 540
30,923, 640
9,091,910
20,265, 770
14,047,160
33, 548,460

171,000
8,000
9,000
562,000 .
146,000
.173,000 . . .

4,041,900

2,448, 500

398,100

192, 800

10,500

10,000

10,000
45.000
45. 000

120.000
120,000

167,591,265
89. 286, 980
24,368, 675
61,082,175
38, 030, 945
117,974,265
1,438,611,230
.1.428,526,230
10, 085,000

3

C O M B I N E D M U T I L A T E D F E D E R A L R E S E R V E N O T E S . BY D E N O M I N A T I O N S , R E C E I V E D AND D E S T R O Y E D SINCE ORGANIZATION OF BANKS A N D
ON H A N D I N V A l ' L T O C T O B E R 31, 103.1, B O T H S E R I E S
Total received

•$f>, 7(51. 856, 460 $(i. 470, 5S1, 090 $<), 31 3, £!);>, 080 j$ i, 287, 3*0, 850 I $!S47, 900. 500 Si.28, 1UI,5OO $261, 178, 000 | .$35,810,000
! 5, 7.YS, K-^I. 2(iO ! (i. 4(5(5, 5!4, 190 (5. V.{), H02, :><0 \ !, 28(5, 077, 250 ! Ji17.(>-V'.VJ(}Q .128,1 SI, 000 !.'«!, 1C(>, 000 | 3.'., HJ!>,{)&)
MM,

Balance on hand

_|

2,997,200 j

2, 492, 500 I

4,066,900

412, .100 I

215,500

iii!i,wv

j

.i...

-j

,;,,,;,•;

$55,540,000 $2!, 161, 741, 980
;•:;. r,4Q, 000 21.151,535,280

.>.;. .'i-rw, www

*-• i ,

i,)i,

12,000 ! .

10.500

10,206, 7C0

NOTK.—During the fiscal year November 1, 1930, 1O October 31, 1931, badly mutilated, burned, and fractional parts of Federal reserve notes ainountincr 1o $1S,4S2- neAv series,
$15,S72: old series, $2/510—have been identified, valued, and the bimk of issue determined.

TABLE NO. 41.—Aggregate amount of Federal reserve bank notes printed, issued, canceled, and redeemed, by denominations, since the inauguration of the Federal reserve system, and amount on hand and outstanding October 31, 1931
VAULT BALANCE OCTOBER 31, 1931
Ones
Total printed
Totii issued a
and canceled..

;

j

$f7S?892, 000 '

Twos
$!36, 232, 000
.136,232,000

Fives
$ 132, 500. 000 i
132, 500, 000 i

o
Tens

Twenties

Fifties

Total

$24,040, 000
24, 010, 000

$14,080,000
14, 080, 000

$2. (500. 000 !
2, GOO, 000 j

$788, 314, 0< 0
788, 344, GtO

$9, 7(50, 000
9, 634,670

$200, 000
187, 700

$761, 944. 0G0
759,022, 72S

]2,300

2, 921. 272

ISSUED, REDEEMED, AND OUTSTANDING OCTOBER 31, 1931
Tot:-il issued
Total redeemed
Total outstanding_




$478,892, 000
477,076,041.
1,815,959

$135,192, 000
134,676,102 ;
515,898 ;

$121, 460, 000
121,105,860
354,140

$16,440,000 '
16.312,355 •
97,645 !

125, 330 !

to
CO

TABLE N O . 42.—National banks in charge of receivers during year ended October 81, 1931, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, causes of failure, dividends paid while solvent, circulation outstanding at date of failure,
lawful money deposited with Treasurer of the United States to redeem circulation, and total deposits at date of failure
[A=Incompetent management. B=Dishonesty. C = Localfinancialdepression from unforeseen agricultural or industrial disaster. D = Receiver appointed to levy and collect stock
assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. E = Temporary suspension]
Organization
Name and location of bank

Farmers & Drovers National Bank, Waynesburg, Pa
First National Bank, Billings, Mont
First National Bank, Button, W. Va
First National Bank, Union town, Pa
First National Bank, Eureka, S. Dak.
First National Bank, Iiearne, Tex
First National Bank of Hanger, Tex
Corn Belt National Bank of Scotland, S. DakFirst National Bank of Arabia, lnd___
_
Bannock National Bank of Pocatello, Idaho..
Still water Valley National Bank, Absarokee,
Mont
American National Bank, Billings, Mont
Citizens National Bank, Laurel, Mont
Commercial National Bank, Wilmington,
N. C
First National Bank, Wessington Springs,
S. Dak
First National Bank, Gregory, S. Dak
First National Bank, Joseph, Oreg
!
Peoples National Bank, Salisbury, N. C
First National Bank, Sapulpa, Okla
First National Bank, Wells, Minn
Cavalier County National Bank, Langdon,
N. Dak
First National Bank, Grey Eagle, Minn
Union National Bank, Beloit, Kans
First National Bank, Lancaster, Minn
First National Bank, Turtle Lake, N. Dak_ _
First National Bank, Forsyth, Mont
Merchants National Bank, Mandan, N. Dak.




Charter
No.

Capital

$150,000 $597, 750. 00
75, 000
321,350.00
35, COO
31.500.00
CO, 0C0 1, 308, 000. CO
50, COO
7, 500. 00
50, 000
178, 000. 00
25. 000
50, 250. 00
25,CCO
1,750.00
25, 0C0
11,250.00
50, 000

Lawful
money
deposited

Total
Circulation
outstanding deposits at
date of
at date of
failure
failure

Receiver

pp0inted

Apparent
cause
of
failure

$200,000
150, 000
50,000
100,000
50, 000
50, 000
200, 000
25, 000
25,000
100,000

Dec. 12,1906
July 2,1910
Aug. 29, 1914
Jan. 19,1915
Aug. 20.1920
Jan. 21.1921
Mar. 2. 1921
Mar. 28,1921
Apr. 5,1921
June 11, 1921

A
A
B
A
B
C
BC
A
B
C

25,000
150,000
35,000

J a n . 30,1922
Sept. 23,1922
Jan.
4,1923

C
AC
C

33,900.00

33, 900.00

170, 037
409, 259
215, 807

'

,

a

$100,000. 00
37, 500. 00
50,000. 00
100, 000. 00

$100,000.00 | $1. 047, 580
1,908,841
37,500.00 !
304, 021
50, 000. C
O
1, 452, 581
100,000.00
823, 254
128, 500
10,900. 00
1, 283, 599
22, 400. 00
264, 775
24, 790
24, 600. 00
842, 093
11,700.00

839
3097
0213
270
11527
4970
8072
11031
9510
6347

Jan.
Dec.
Apr.
Jan.
Nov.
July
Jan.
May
July
July

110S6
11696
8716

Aug. 11,1917
Apr. 5,1920
May 3,1907

25, 0C0
150,00)
35, 0C0

12176

Apr. 17,1922

200,000

200,000

J a n . 31,1923

AC

91,500.00

91, 500.00

1, 991, 800

0446
8600
8048
9076
5951
4669

Sept.
Feb.
Dec.
Mar.
Aug.
Dec.

25,1902
22,l£07
11,1905
10,1908
19,1901
12,1891

25, 000
25, 000
25, CCO
100. 000
25, 0C0
50,000

75, 250. 00
89,490. 00
32, 000. 00
136, 000. 00
177,550.00
213, 750. 00

50, 000
50,000
25, 000
100, 000
100,000
100,000

Feb.
Apr.
June
July
July
Oct.

5,1923
12, 1923
14,1923
3,1923
30,1923
22,1923

AC
C
AC
C
C
A

39,300.00
25,000. 00
24, 300. 00
92,800. 00
44, 900. 00
96,400.00 I

39, 300. 00
25, 000. 00
24, 300. 00
92,800. 00
44, 900. 00
96,400.00

336, 320
170, 708
141, 638
893, 613
688, 227
7-15, 030

9075
8729
6701
11356
8821
7320

Jan.
May
Mar.
May
June
June
Aug.

28,1908
28,1907
24, 1903
14,1919
8,1907
10,1904
24,1914

25, 000
25, 0C0
25,000
25, 0C0
25, 0G0
50,000
50,000

52,000. 00
38, 650. 00
149,875. (JO
5. 000. C
O
30,125. 00
136, 5C0. CO
o, 0C0. 00

25, 000
25, 000
50, 000
25,000
25,000
75, 000
50, 000

Oct.
Nov.
Nov.
J\OV.
Nov.
Dec.
Dec.

29,1923
8,1923
13,1923
19,1923
21,1923
18,1923
26,1923

C
C
BC
AC
C
A
A

22,900.00 !
24,000.00 I
49, 300. 00
24,700. CO
9, 700. 00
33, 700. C i
O
25, 000. C
O

22, 900. 00
24, 000. 00
49, 300.00
24, 700. 00
9, 700. C
O
33, 700. 00
25,000.00

353, 615
90,443
545, 591
179, 61.8
134, 961
352,127
315, 054

10604

30,1865
3,1883
7,19C2
2,18C4
18,1919
5,1894
20,1906
28,1917
30,1909
15,1902

Failures

Total dividends paid
during existence as a
national
banking"
association

49,000. 00
14, 000. 00
7,700.66

10, 900. 00
22, 400. 00
24, 600. 00
11,700.00

First National Bank, Webster, S. Dak
| 6502
Sioux Falls National Bank, Sioux Falls, S.
Dak
2823
Dakota National Bank, Dickinson, N. Dak__ 7663
First National Bank, Brookings, S. Dak
3087
First National Bank, Onida, S. Dak
11585
Commercial National Bank, Miles City,
Mont
5015
First National Bank, Sidney, Mont
9904
Stockmens National Bank, Fort Benton,
Mont
4194
Wells National Bank, Wells, Minn
6788
8062
First National Bank, Oering, Nebr
5647
First National Bank, Coalgate, Okla
2819
First National Bank, Huron, S. Dak
Torrington National Bank, Torrington, Wyo. 11309
Merchants NationalBank, Crookston, Minn. 3262
First National Bank of Fergus County, Lewistown, Mont
. 7274
Citizens National Bank, Hankinson, N.Dak. 8084
5487
First National Bank, Carlsbad, N. Mex
Drovers National Bank, East St. Louis, 111.. 10399
2778
First National Bank, Schuyler, Nebr
City National Bank of Huron, Huron,
S. Dak
8781
National Bank of Commerce of Rochester,
8111
N. Y
1800
First National Bank, Cheyenne, Wyo
9210
First N
National Bank, Putnam, Conn
First NationalBank, Harrington, Wash
448
First National Bank, Ozark, Ala
7629
First National Bank, Alma, Wis
8338
Merchants National Bank, Grinnell, Iowa... 2953
First National Bank, Algona, Iowa
3197
First National Bank, Boise City, Okla
11034
Farmers National Bank, Dodge Center,
6623
Minn
Parkesburg NationalBank, Parkcsburg, Pa.. 2404
Rtockmans National Bank, Columbus, Mont. 11220
First National Bank, Alexandria, Minn
299o
First NationalBank, Townsend, Mont
9982
First National Bank, Excelsior Springs, Mo.. 7741
Logan County National Bank, Sterling, Colo. 7973
Fanners National Bank, Hempstead, Tex... 4905
7253
First National Bank, Quincy, Fla
National Bank of Commerce, Pierre, S. Dak. 4279
10570
First NationalBank, Atwater, Minn
11264
First National Bank, Mntoaka, W. Va
Commercial National Bank, Greenville, Tex. 75J0
6525
Georgia National Bank, Athens, Ga
5540
First National Bank, Hedrick, Iowa
11255
First National Bank, Conyers, Ga...




N ov. 19,1902

25, 000

32, 500. 00

25, 000

24, 700. 00

24, 700. CO

221, 512

Nov. 14,18S2
Mar. 4,1905
Nov. 15,1883
Jan. 17,1920

50,000
50,000
50,000
25,000

240,500. 00
68,000.00
270, 500.00

150, 000
50,000
100, 000
25,000

Jan. 24,1924
Feb. 7,1924
Feb. 9,1924
Feb. 12,1924

AC
C
A
A

74, 250. 00
47,100. 00
98, 500. 00
24,700.00

74, 250. 00
47,100. 00
98, 500. 00
24,700.00

1, 514,456
176,986
623,164
112,045

Aug. 15,1895
Dec. 23,1907

80,000
25,000

277,000.00
103,250.00

250, 000
50,000

Feb. 15,1924
Feb. 26,1924

C
C

98, 500.00
39,000.00

98, 500. 00
39,000.00

1, 588, 243
395, 764

24,1889
6,1903
28,1905
8,1900
19,1882
3,1919
25,1884

100, 000
30,000
50, 000
25,000
50, 000
35,000
75,000

802, 000.00
75,000.00
59, 750. 00
175, 850. 00
166, 350. 00
8, 750. 00
155,250. 00

200,000
75,000
25, 000
100,000
65, 000
35,000
75,000

do._
.do.
.do.
Feb. 27,1924
Mar. 14,1924
Mar. 19,1924
Mar. 24,1924

C
C
A
C
C

190, 795. 00
74, 300. 00
11,500.00
27,300. 00
29, 000. 00

190, 795. 00
74, 300. 00
11,500.00
27, 300. 00
29,000. 00

467,119
931,958
265, 790
493, 803
1,099,420
67,408
1,170,960

May
Jan.
May
Apr.
Sept,

9,1904
18,1906
39,1900
30,1913
4,1882

100,000
30, 000
25, 000
200,000
50,000

485,000. 00
31, 900. 00
430,000. 00
57,000. 00
214,750.00

300,000
30, 000
100,000
200,000
50,000

Apr.
Apr.
May
May
May

June

3,1907

50,000

44, 750. 00

50,000

Feb.
Deo.
July
Mar.
Feb.
May
Apr.
May
Aug.

1,1906
29,1S70
10,1908
23,1804
13, lfOo
in, moo

Dec.
Apr.
Dec.
Dec.
May
Feb.
Oct.

Feb.
Feb.
July
June
.Jan.
May
Oct.
Apr.
May
Feb.
June
Nov.
Nov.
Oct.
Aug.
Sept.

28,18S3
22.1884
30,1917
4.1003
27,1SN0
12,1S18
0, 1883
31,1011

5.1905
11,1905
15.1S93

4, urn
13,1890
15,1914
7.19.18
211H04
14; 1M2
11,1900
3,1918

500, 000 1, 222, 500. 00 1,500,000
200. 000
949,000. 00
100, 000
50,000
46, 500. 00
50, 000
150,000
814, 000. 00
100, 000
35,000
85, 737. 22
25, 000
25,000
52, 500. 00
25, 000
100,000
422, 500. 00
50, 000
50, 000
142,750.00
50, 000
25, 000
6, 000. 00
25, 000
30, 000
50, 000
50. 000
60, 000
50. 000
25, 000
;>0, 000
50, 000
50, 000
75,000
25, 000
25, 000
100,000
100, 000
25, 000
75,000

43, 500. 00
171,865.00
264, 600. 00
26,000. 00
17, 000. 00
147,000. 00
133, 000. 00
127,000. 00
139,048. 00
31,000.00
16, 250. 00
158,000.00
716,000. 00
51, 750. 00

30, 000
50, 000
50, 000
00, 000
ro, 000
25,000
150, 000
50, 000
100, 000
100, 000
25, 000
50, 000
150.000
400, 000
25, 000
75,000

Jan.

2,1924

c

74, 200. 00

74, 200. 00

124, 500. 00
30, 000. 00
24, 597. 50

124,500.00
30, 000. 00
24, 597. 50

47, 200. 00

47, 200. 00

June 10,1924

A
AC;
C
A
C
C
D

39, 000. 00

39,000. 00

June
July
Aug.
Aug.
Oct.
Nov.
Nov.
Nov.
Nov.

21,1924
9,1924
6,1924
13,1924
23, 1924
7,1924
12, 1924
24,1924
25,1924

A
C
C
AB
A
A
C
A
AB

459,897. 50
190, 600. 00
19, 200. 00
50, 000. CO
32, 400. CO
24, 995. 00
100,000. 00
49, COO. 00
10, 000. 00

459.897. 50
190; 600. 00
19, 200. CO
50,000. CO
32,400. 00
24, 995. 00
100,000.00
49, 000. 00
10,000.00

198,408
4, 408,121
I'M, 490
1. 47S, 07f
158,018
203, 5SU
998, 975
650, 000
136, 521

Dec. 9,1924
Deo. 26,1924
Jan. 7,1925
Jan. 8,^925
do
Jan. 24,1925
Jan. 20,1925
Feb. 7,1.925
Feb. 11,1925
...do
Feb. 14, 1925
Mar. 3, 1925
Apr. 6, 1925
Apr. 17,1925
Apr. 24, 1925
May 12,1925

AB
AB
C
A
C
B
C
A
A
AB
BC
B
BC
C
D
C

29, 500. 00
42, 600. 00

29, 500 00
42; 600. 00

59, 400. 00
12, 500. 00
25,000. 00
100, 000. 00
49,197. 50

59,400. CO
12, 500. 00
25, 000. 00
100, 000. 00
49, 197. 50

79, 500. 00
10, 000. 00
50, 000. 00
149, 995. 00
200, 000. 00
19,800. 00
27, 700. 00

79, 500. 00
10, 000. 00
.ri0,000. 00
149,995.00
200,000. 00
19,800. 00
27, 700. 00

Oil, 7i.ti
329, 404
137, 404
S43, 235
80, 721
212, 080
508, 452
177, 720
343, 671
083, 008
488, 430
571,934
038, 350
1, 200, 239
147,483

12,1924
30,1924
14,1924
22,1924
24,1924

2,866,903
206, 864
301, 326
433, 685
524, 922

133,181

d
O

o
o
K

£1
O

I

3

TABLE NO. 42.—National banks in charge of receivers during year ended October 31, 1931, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, causes of failure, dividends paid ivhile solvent, circulation outstanding at date of failure,
lawful money deposited with Treasurer of the United States to redeem circulation, and total deposits at date of failure—Continued

to
CO

[A = Incompetent management. B = Dishonesty. C = Local financial depression from unforeseen agricultural or industrial disaster. D = Receiver appointed to levy and collect stock
assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. E = Temporary suspension]
Organization

Name and location of bank

Charter
No.

Date

Capital

H
O

Failures

Total dividends paid
during existence as a
national
banking
association

Receiver
appointed

Capital

Apparent
cause
of
failure

L a * Ail

Circulation
d

Total
deposits at
date of
failure
3

W

W
916
918
919
920
922
923
924
927
928
930
935
939
941
943
944
945
940
947
948
950
951
954
955
957
958
959
960
961

Hugo National Bank, Ilugo, Okla
Burgettstown National Bank, Burgettstown,
Pa
___' 2408
! First National B a n k , Selma, N . C .
! 10739
! First National B a n k , Madison, S. D a k
: 3149
! First National B a n k , Florence, S. C
_ _ I 9747
First National B a n k , Clear Lake, S. D a k
63;>7
First National B a n k , ('randon, W i s . . . .
9387
Merchants National B a n k , Detroit Lakes,
Minn
8122
First National B a n k , S t . Cloud, M i n n
2790
First National Bank, Abercrombie, N . D a k . . 8419
First National Bank, L a k e P a r k , M i n n
7143
Globe National B a n k , Denver, Colo
11623
I First National B a n k , Warren, M i n n
580(5
First National Bank, Hallock, M i n n
(!U."J4
First National Bank, Buffalo, M i n n
11023
Manilla National B a n k , Manilla, Iowa
0041
Loveland National B a n k , Loveland, Colo._.. 8116
W i n n e r National B a n k , Winner, S.Dak
12024
Muskogee Security N a t i o n a l B a n k , M u s k o gee, Okla
12277
First National B a n k , Forest C i t y , Iowa
4889
Davenport National Bank, Davenport,
Wash
7527
First National B a n k , H o w a r d , S. D a k
6585
Gregory National B a n k , Gregory, S. D a k . _ _ 9377
First National B a n k , Sac C i t y , Iowa
4450
First National B a n k , Brooklyn, Iowa
_. 3284
Warren National B a n k , Warren, M i n n
11,286
First National B a n k , Covington, G a
I 8945
First National B a n k , Delano, M i n n
| 9903




j

5200,000

50, 0C0
30, OCO
50, OCO
100. 000
25, 000
2;'., 000

444, 500 00 !
11,400.00 j
21(5,355.00
107,000.00 i
05.000.00 i
49,125. 00 ,

100, COO
30, CCO
£0,000
150, COO
25, COO
50,000

May
May
May
May
May
May

14,1925
16, 1925
21,1925
22, 1925
25/1925
29, J925

A
C
AC
A
C
A

50. 000
50, GOO
25, 000
25. 000
200. 000
25. 000
25. 000
25. OCO
25, 000
100, 000
00, 000

110.500.00
401, 000. 00
11,750.00
33. 500. 00
66,000. CO
81,250. CO
84,450.00
14.000. CO
41,875.00
133,000.00

CO, OCO
250, 0 0 0

June
June
J une
Aug.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.

22,1925
24,1925
30,1925
24,1925
1,1925
10,1925
16.1925
17,1925
20,1925
22,1925
24,1925

C
A
C
A
AH
C
C
A13
AB
C
C

N o v . 8,1922
Feb. 20,1892

100, OCO
50, 000

12.000. 00
84, 250. 00

200,000
75,000

Nov. 7,1925
Nov. 14,1925

C
AB

22,1904
29.1U02
23,1909
6, 18(J0
22, 1884
28, 1918
28, 1907
23, 1910

100,000
25, 000
FA), 000
50, OCO
50, 000
30. OCO
40, OCO
25,000

175,000.00
85, 250. 00
77,477. 35
208, 500. CO
211,750.00
6, 400. 00
46,000. 00
15, 500.00

100, 000
50, 000
50,000
50,000
50,000
50,000
50,000
25,000

Nov. 17,1925
Nov. 24,1925
Nov. 25,1925
Dec. 2,1925
Dec. 4,1925
Dec. 5,1925
Doc. 8,1925
Dec. 12,1925

C
C
C
C

*50, 000

Jan.
May
Mar.
Mar.
June
Al ar.

25,1879
7,1915
2<>, 1«S4
23, 1910
28,1902
10,1909

Feb.
Sept.
Aug.
Feb.
Feb.
May
Aug.
June
Nov.
Feb.
Sept.

0,190fi
25,18^2
25, lUOti
10. 1(JO4
5. 1920
18, 1901
5, 1903
7,1917
12. l'JOl
14. 1000
20,1921

Dec.
Nov.
Mar.
Oct.
Dec.
Dec.
Oct.
Nov.

I

i

!
!
i
!
i

25,000
25, OCO
200,000
50, 000

co, coo
50, 000
25,000
100,000
60,000

May 12,1925

C

$145,100.00 ;

Apr. 11,1905

c
c
c
c

?24, 200. 00

S24,200.00

$908,533

98, 400. 00
8, 800. 00
30. $35. 00
124, 000. CO
25, 000. CO
45,200.00 '

98,400. 00
8, 800. 00
30, 895. CO
124, 000. CO
25, 000. 00
45, 200. 00

1,698,546
181,216
399. 861
1,137,989
384,311
350, 144

56, 700. 00

56, 700. 00

24, 100.00
25,000. 00

24,100.00
25, 000. 00

401, 438
1.682,525
224.370
309.344
4. 020, AH't
382.775
350,056
668, 518
.127, 950
490, 791
71,852

24, 600. 00
24, C00. 00
34, 600. 00
IH, 450. 00
'00,000.00

24, 600.
24, 600.
34, 600.
18,450.
100, 000.

00
00
00
00
00

73, 997. 50

73, 997. 50

23,100. 00
12, 500. 00
48. 500. 00
47, 700. 00
14, 700. 00
25, 000. 00
40, COO, CO
6, 250. 00

23,100.
12, 500.
48. 500.
47, 700.
14. 700.
25, 000.
40. 000.
6, 250.

00
00
CO
00
00
00
00
00

a
o

3

el

2,122,111
507,347
451, 757
360, 599
290, 520
520, 572
633,005
311, 515
168, 630
262,155

d
i

Farmers & Merchants National B a n k , Cannon Falls, M i n n
Drovers National B a n k , Denver, Colo
Home National B a n k , Cleburne, Tex
Security National B a n k , Mason C i t y , Iowa.
Broadway National B a n k , Denver, Colo
i
First National B a n k , T a m a , Iowa
First National B a n k , Waukon, Iowa
Cando National B a n k , Cando, N . D a k
First National B a n k , A d a , M i n n
Farmers National B a n k , L a Mouro, N . D a k .
First National B a n k , Estherville, Iowa
First National B a n k , Kiefer, Okla
First National B a n k , Marion, N . D a k
!
Spirit Lake N a t i o n a l B a n k , Spirit Lake, Iowal
First National B a n k , Blue M o u n d , 111
First National B a n k , Frankfort, S. D a k
\
Moline National B a n k , Moline, K a n s
First National B a n k , Shenandoah, Iowa
First National B a n k , Cambridge, Iowa
First National B a n k , Noblesville, I n d
First N a t i o n a l B a n k , Jonesboro, Ark
First N a t i o n a l B a n k , Barnsdall, Okla
P a l m Beach National B a n k , P a l m Beach,
Fla
Do Smet National B a n k , D e Smet, S. D a k . .
First National B a n k , Milford, Iowa
First National B a n k , D i n u b a , Calif
Whitbcck National B a n k , Chamberlain, S.
Dak
First National B a n k , C u m b e r l a n d , Iowa
First National B a n k , Royalton, M i n n
First National B a n k , Pepin, Wis
First National B a n k , Woonsocket, S. D a k . . .
First National B a n k , Eldorado, 111
First N a t i o n a l B a n k , Colmnn, S. D a k
First N a t i o n a l B a n k , "VVaubay, S. D a k
First N a t i o n a l B a n k , Akron, Colo
Oakes National B a n k , Cakes, N . D a k .
National F a r m e r s B a n k , Owatonna, M i n n . .
Anarnoose N a t i o n a l B a n k , Anamoose, N .
Dak
First National B a n k , Veblen, S. D a k
._._
Farmers National B a n k i n Lidgerwood, N .
Dak
Farmers & M e r c h a n t s National B a n k , Merced, Calif
First National B a n k , Lake Norden, S. D a k _ .
National B a n k of F r a n k l i n , Franklin., T e n n .
Farmers & Merchants National B a n k , Lake
City, S. C
City National B a n k , Bismarck, N . Dak




6704 Feb. 14,1903
11564 Dec. 18,1919
20411 J u n e 7,1913
10428 July 16,1913
12250 Aug. 10,1922
1SS0 Aug. 5,1871
4921 Apr. 22,1893
7377 July 16,1904
5453 Apr. 13,1900
9714 M a r . 1,1910
4700 J a n . 23,1892
12239 July 15,1922
9161 Apr. 30,1908
8032 Dec. 12,1905
9530 Aug. 19,1909
10683 Dec. 26,1914
8369 Aug. 31.1906
2363 M a y 5.1877
9014 Oct. 25,1907
4S82 Mar. 1.1893
8086 Dec. 20.1905
11460 Sept. 17,1919

25,000
200,000
150,000
100,000
200,000
50,000
50,000
25,000
25,000
50,000
50,000
25,000
25. 000
50, 000
25,000
25. 000
50, 000
50,000
25, 000
50, 000
100.000
25,000

12600
5355
5539
.9158

Nov. 6,1924
M a y 1. 1900
Aug. 3.1900
M a y 12,1908

9301
7326
6731
10725
5946
7539
6088
6124
8548
6988
4928

Nov.
June
Apr.
Apr.
Aug.
Dec.
Feb.
Jan.
Feb.
Mar.
May

9390
9858

25,000.00
16,000.00
54,000.00
614, 500. 00
28,000.00
213, 450,00
226, 500. 00
74,000.00
93,750. 00
51,000.00
291, 750. 00

9, 600. 00
200,000. 00

9,600.00
200,000. 00

97,900. 00

97, 900. 00

49, 297. 50
93, 200. 00
6, 500. 00
24, 500. 00
48, 700. 00
97,000. 00

49, 297. 50
93, 200. 00
6, 500. 00
24, 500. 00
48, 700. 00
97,000. 00

12,000.00
45. 200. 00
24, 200.00

12,000. 00
45, 200. 00
24, 200. 00

50, 000. 00
78. 700. 00
49, 000. 00
40. 000. 00

50, 000. 00
20, 000. 00
78, 700. 00
49, 000. 00
40,000. 00

23, 800. 00
24. 000. 00
9, 800. 00

23.800. 00
24,000. 00
9,800.00

5, 950. 00
11; 600. 00

5,950. 00
11,600.00

r
c
c
AC

15, 000. 00
49.100. 00
24; 500. 00
6, 250. 00
19,800.00
24, 500. 00
74, 550.00

15.000.00
49 100.00
24, 500. 00
6,250. 00
19,800.00
24, 500. 00
74, 550. 00

Sept. 18,1926
do-

AC
C

24, 400. 00
9, 700. 00

24,400. 00
9, 700. 00

84, 022
111.. 176

35,000.00
96, 600. 00
49,400. 00

A
A
A
C
C
C

101,000.00
21, 750. 00
16,250.00
SO, 000. 00
417,000.00
61,800. 00
132, 687. 50
206,000. 00
200,000. 00

25,000
200,000
100,000
100,000
200,000
75,000
100,000
25,000
50,000
50,000
100,000
25, 000
25,000
50,000
25,000
25.000
50,000
.50, 000
80. 000
62, 500
100, 000
25,000

D e c . 17,1925
Dec. 24,1925
D e c . 28,1925
D e c . 29,1925
Jan. 16,1926
Jan. 18,1926
do
Feb. 6,1926
Feb. 10,1926
Feb. 25, 1926
Feb. 27,1926
Mar. 13,1926
Mar. 19.1926
Mar. 23,1926
Mar. 27,1926
Apr. 12,1926
do
May 13,1926
May 22,1926
Juno 3,1926
June 4,1926
June 22,192G

50. 000
25. 000
35, 000
25, 000

1. 000. 00
154'875.00
120,400.00
52,000. 00

50, 000
50,000
35, 000
200,000

July
July
July
July

14.1908
17,1904
9,1903
7,1915
6,1901
17,1904
20.1903
31',1902
4,1907
21,1903
29,1893

50. 000
25, 000
25, 000
25, 000
25,000
25, 000
25, 000
25, 000
25, 000
25. 000
80, 000

111.500.00
66, 750. 00
37, 500. 00
15,500.00
98, 050. 00
75,250. 00
62,400. 00
42, 500. CO
.129,250.00
26,000. 00
199, 200. 00

50. 000
25.000
25, 000
25, 000
50, 000
50, 000
25, 000
2f>, 000
40,000
25, 000
7fi, 000

July 14,1926
July 22,1926
. .do
July 23,1926
July 23, 1926
Aug. 6,1926
Aug. 19, 192(5
Aug. 20, 1926
Aug. 26, 1926
Sept. 4.1926
Sept. 10,1926

A
C
C
A
C
AB
C

Mar. 24,1909
Aug. 16,1910

25,000
2.\ 000

41,750.00
46,975. 00

25, 000
40,000

""*62,~666r66"

2,1926
6,1926
8,1926
9,1926

(•

C
C
C
C
AB
A
A
All
C
BC
(•

AH
A
C
A

c I
C
AC
D

333,877
1,208,552
115, 739
944, 632
2, 318, 247
894, 382
739, 072
301,119
452, 241
192, 334
382, 589
167, 604
110,573
570,110
89, 022
235, 288
258, 931
690, 033
391,138
272, 920
419,317
294, 947
433, 771
351,858
411,089
162, 551
149,410
334, 020
251,640
195,852
285, 868
202,019
171,508
282, 358
216, 250
1, 446,671

12743

M a y U, 1925

25, 000

25,000

Sept. 21,1926

A

280,454

10352
10714
1834

Jan.
4,1913
Mar. 3,1915
M a y 25,1871

100, 000
25,000
60, 000

26.000. CO
18,250.00
592.150. 00

100, 000
35,000
100,000

Sept. 23,1926
Oct. 5,1926
Oct. 18, 1926

B
A
B

35,000. 00
96,600. 00

1.128,135
' 236, 706
468,950

10681
9622

Dec. 20,191.4
Nov. 12,1909

100, 000
50,000

82,000. 00
23, 500. 00

100,000
50,000

97,600.00
49,400.00

719,644
849,178

do

i
!

o 1

TABLE N O . 42.—National banks in charge of receivers during year ended October SI, 1931, dates of organization and appointment of receivers,
00
capital at date of organization and at date of failure, causes of failure, dividends paid while solvent, circulation outstanding at date of failure,
lawful money deposited with Treasurer of the United States to redeem circulation, and total deposits at date of failure—Continued
[A = Incompetent management. B=Dishonesty. C = Local financial depression from unforeseen agricultural or industrial disaster. D = Receiver appointed to levy and collect stock
assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. E=Temporary suspension]
Organization
Name and location of bank

1039
1042
1046
1049
!050
1051
1054
1055
1058
1000
1061
1063
1004
10G5
10(56
1067
1070
107B
1073
1075
10<9
1080
1081
1084
1085
1089
1090
101)1
1092
1093
1094

Charter
No.

8994
American National Bank, Atoka, Okla
First National Bank, Ha worth, Okla
10500
First National Bank, Kingsburg, Calif — 8409
First National Bank, Milbank, S. Dak
6473
First National Bank, Armstrong, Iowa
5442
Citizens National Bank, Spencer, Iowa
6941
First National Bank, Detroit Lakes, Minn__ 3426
First National Bank, Terril, Iowa
10238
Citizens National Bank, Petty, Tex
10647
Clarinda National Bank, Clarinda, Iowa
3112
First National Bank, Marked Tree, Ark
11122
First National Bank, Leeds, N. Dak
6312
Farmers National Bank, Brookings, S. Dak. 6462
First National Bank, Alta, Iowa
7126
First National Bank, Elkton, S. Dak
6368
Planters National Bank, Honey Grove, Tex. 4112
First National Bank, Malvern, Iowa _
2247
First National Bank, Haleyville, Ala . . . _ _ 11613
_
National Bank of Oakesdale, Oakesdale,
Wash
9150
First National Bank, Plattsmouth, Nebr
1914
Citizens National Bank, Ortonville, Minn___ 6747
9966
First National Bank, Collinsville, Okla
10395
Citizens National Bank, Royal, Iowa
11919
First National Bank, Card well. Mo
2555
First National Bank, Nevada, Iowa
9195
First National Bank, Delano, Calif
4952
National Bank of Jersey ville, Jersey ville, 111.
5907
First National Bank, Argvle, Minn
11128
First National Bank, Bovceville, Wis
Citizens National Bank, Commerce, Tcx__ - 12778
12760
Citizens National Bank, Lone Oak, Tex




Date

Capital

Total dividends paid
during existence as a
national
banking
association

3

' Failures

Capital

Receiver
appointed

Apparent
cause
of
failure

Lawful
money
deposited

Dec.
Mar.
Sept.
Oct.
May
Aug.
Dec.
July
Oct.
Dec.
Dec.
June
Aug.
Jan.
July
Aug.
Feb.
Feb.

26,1907
13,1914
14,1906
16,1902
1,1900
11,1903
21,1885
17,1912
15,1914
26,1883
17,1917
9.1902
29,1902
21,1904
19, 1902
14,1889
9,1875
9,1920

$25,000
25, 000
25,000
25, OC0
50, 0C0
50, 000
50, 000
25, 000
50, 000
50, OC0
25, 000
25, 000
50,000
50, 000
25, 000
75, 000
50, 000
25, 000

$27,125. 00
11,250.00
68, 500. (50
118,797.39
89, 500. CO
175, 750. CO
218, 000. CO
29, 250. CO
33,100. CO
206, 817. 64
14, 600. 35
35, 000. 00
83, 050. 00
111,500.00
47, 250.00
272, 250. 00
272,000. 00
6,000. 00

$25,000
25,000
50,000
50,000
50,000
100,000
50, 000
25,000
37,0C0
50,000
50,000
25, 000
50,000
50,000
25,000
100,000
50,000
25, 000

Nov. 1,1926
Nov. 2, 1926
Nov. 9,1926
Nov. 15,1926
Nov. 17, 1926
Nov. 19, 1926
Nov. 23, 1926
do
Nov. 24,1926
Nov. 29,1926
Nov. 30, 1926
Dec. 1, 1926
Dec. 3,1926
do
do
Dec. 6,1926
Dec. 10,1926
Dec. 17,1926

C
C
A
AC
C
AC
A
AB
C
A
C
A
C
C
C
C
A
A

$23,600.00

Apr.
Dec.
Apr.
Mar.
Apr.
Jan.
Aug.
July
Mar.
June
Dec.
June
May

25,1908
12,1871
18,1903
20,1911
10,1913
15,1921
3,1881
1,1908
31,1894
18,1901
8,1917
10,1925
18,1925

25, 000
50,000
25, 000
25,000
25,000
50,000
50. 000
25; 000
50, 000
25, 000
25, 000
50, 000
25,000

33, 250,00
276, 000. 00
54, 500. 00
25,500. CO
19, 750 00
4, 000. 00
287, 250. 00
69, 500. 00
97, 500. 00
112,500.00
4, 750. 00

25, 000 Dec. 21,1926
50, 000
do
25,000 Jan. 4,1927
25,000 Jan. 5,1927
35, 000 --_...do
50, 000 Jan. 8, 1927
75, 000 Jan. 10,1927
100, 000 Jan. 14,1927
50, 000 Jan. 15,1927
50, 000 Jan. 18,1927
25,000
do
50,000 Jan. 20,1927
25,000
do

A
AB
AB

25, 000. 00
48,600. 00

c
c
c
('
AC
AB
C
AB
AC
C

Total
Circulation
outstanding deposits at
date of
at date of
failure
failure

$23,600.00

24, 750. 00
33, 500. CO
49, 500. 00
49, 295, 00

24,750. 00
38, 500.00
49, 500. 00
49, 295. 00

24, 600. 00

24,600. 00

48,300. 00
24, 700. 00
49, 200. 00
25,000. 00
25,000. 00
18,400. 00
12,500.00

49, 500. 00
48, 300. CO
24, 700. 00
49,200.00
48,695. 00
25, 000. CO
18,400.00
12, 500. 00

6, 500. 00
23, 700. 00

25,000. 00
48,600. 00
15,400. 00
6, 500. 00
23, 700. 00

73, 300. 66
96,400. 00
24,400. 00

73, 300. 00
98,400. 00
24,400. 00

24, 700. 00

24,700.00

$88, 780
88, 516
440,180
332,973
267, 387
466,656
708,512
279, 722
60,141
599,132
107,658
128,672
986, 711
453, 681
244,641
213,872
231, 793
135,382
92,829
287, 703
265, 030
302,024
177, 897
37, 397
273, 261
554, 394
373,693
131,176
172, 273
79, 333
79,914

o
o

I
O

First National Bank, Beardsley, Miiin
1 7438
Farmers National Bank, Red Lake Falls, I
0837
Minn
3003
First National Bank, Biggsville, 111
First National Bank, Edgeley, N. Dak
7914
Farmers National Bank of Lidgerwood,
8230
N. Dak
First National Bank, Britt, Iowa
5020
First National Bank, Montevideo, Minn
6860
Peoples First National Bank, Olivia, Minn.. 0063
First National Bank, Clinton, Minn
7161
Citizens National Bank, Albert Lea, Minn.. 6128
First National Bank, Marengo, Iowa
2484
First National Bank, Allegan, Mich
1829
First National Bank, Rolette, N. Dak
7866
Farmers & MercluintsNationalBank, Mount
Morris, Pa
_
_
..- 6983
First National Bank, Rush Cily, Minn
0954
Central National Bank, Marietta, Ohio
.5212
First National Bank, Belle Plaine, Iowa
2012
First NattonalBank, Dunbar, Pa. _ _
7576
First National Bank, Hartley, Iowa
4881
First National Bank, Lepunto, Ark
11322
Provident National Bank, Waco/Tcx
4309
First National Bank of Benson, Hollsopnle,
Pa
----- 7935
First National Bank, Sheldon, Iowa
3848
First National Bank, Columbia City, ImL . 7132
First National Bank, Lake Worth, Fia
11716
First National Bank, 1 /ako. Mills, Tow a ..
5123
First National Bank, Bend, Oreg
93(53
New First National Bank in Lamberton, |
Minn
12844
First National Bank, Biwabik, Minn
8897
City National Bank in Kearney, Ne.br
13013
9979
Laurel National Bank, Laurel, Nebr
Farmers & Alerchants National Bank,
10818
Alcoster, S. Dak....
First N ational Bunk, Graf ton, N. Dak
| 2840
First National Bank, Chowchilla, Oilif
! 10978
Merchants National Bank, Greene, Iowa. _ _| 0880
First National Bank, Kennebec, S. Dak
j 10098
First Naiional Bank, Medaryville, Imi
8537
First National Bank, Spencer, Iowa. - - .... . I m,*
First IS ational Bank, Farmersville, Hi
10057
Peoples National Bank, Waukon, Iowa
- 10207
First National Bank, East Grand Forks, |
Minn
..." 4638
Fayette City National Bank, Fayetto Citv, |
Pa
, 6S00
First National Bank, Webster, Pa
i 6937




7,1904

25,000

37, 000.00

25,000

Jan.

J u l y 10,1910
A p r . 10,1883
Aug. 29,1905

25, 000
50,000
25, 000

10,500. 00
230, 000. 00
170,050. 00

25,000
50,000
85, 000

Jan. 24,1927
A
Jan. 31,1927 I D
do
AC

Apr.
Aug.
May
Feb.
Feb.
Jan.
May
May
July

30,1906
13,1895
25,1903
25,1908
13,1904
22,1902
25,1880
11,1871
24,1905

35, 000
50, 000
30, 000
25, 000
25, 000
50, 000
50. 000
50, 000
25,000

67, 250.00
172, 250.00
77, 000. 00
40, 000. 00
70,250. CO
110,000.00
277, 500. 00
272, 050. 00
IS, 000. 00

50,000 Feb.
1,1927
50,000 .....do
50, 000 Feb.
5,1927
25,000
do
25,000 Feb. 10,1927
50, 000 Feb. 18,1927
65, 000
do...
...
50, 000
do
25, 000 Feb. 19,1927

Sept.
Aug.
Mav
May
Jan.
Feb.
Mar.
Mar.

22,1903
1,1903
29, 1899
3!, 1S72
20, 1905
22, 1393
19.1919
31,1890

25, 000
25, 000
100,000
50, 000
50, 000
50,000
35. 000
300,000

29,000. 00
64, 500. 00
215, 000. 00
309, 800. 00
61,000.00
198, 450. 00
3. 500. 00
1, 320', 000. 00

June
Feb.
Feb.
Apr.
FeK
Jan.

23,1905
8.1888
2,1901
19,1920
21,1898
23,1909

July

Oft. 13.1925
A p r . 2,1907
Dec;.
3,1020
M a r . 21,1911

25,
50,
50,
30,
50,
25,

000
000
000
000
000
000

20, 625. 00
293, 500. 00
171.000. 00
36, 500. 00
33,000 00
75, 260. 00

25, 000
25, 000
150,000
40, 000

33, 097. 87
29, 200. 00

21,1927

24, 997. 50

25.
25.
150;
65,

000
000
000
000

May
May
May
June
June
J une
June
Juno
July

25.000
50, 000
2.1, 000
50. 000
25, 000
25, 000
60. 000
25'. 000
50, 000

43, 750.
296, 500.
2, 750.
82, 000.
27,000.
27, 000.
295. 700.
1 L S75.

00
00
00
00
00
00
00
00

50, 000
50, 000
25, 000
50, 000
50, 000
25, 000
150,000
25, 000
125, 000

Sept.

7,1891

50, 000

138,000.00

50, 000

M a v 16,1903
J u n e 20,1903

75, 000
25,000

161,250.00
43,125.00

75, 000 — d o
25,000 Aug. 8,1927

17,1927
25,1927
28. 1927
4, 1927
20, 1927
24, 1927
25,1927
29,1927
19,1927

July 28,1927

24,500.00 •
4S. 400. 00 i
296) 700. 00 !
59, 100. 00 !
48,100.00
49, 600. 00

310,14S
359,940
1, 057, 190
805,991
:$66, 597
275, 645
108,211

296, 700. CO
59, 100. CO |

'~~49~fi66."66"j
50, 000. 00"

50, 665. 00

24.
9!),
94,
32,
49,

C
AB
AC
A
C
A
AC
C
AC

30,1915
14. 1S82
29, M 7
M
23, 1903
20.1911
23, 1.907
20,1888
4, I'ill
1,1912

708, 295
626, 407
2Q6,939
162, 825
887, 404
755,896
581,9^8
153,926

~~48,~4"66.~6b~

C
A 35
A
C

Dfo.
Nov.
Mar.
June
fiupt.
Jan.
May
Keb.
May

44,300.00
25, 495. 00 !
0, 250. CO i
20, 000. 00
49, 397. 50
49,600. 00
46,900. 00
12,500.00 ;

12, 500. 00

Feb.

Apr. 30,1927
May 10, J927
May 14,1927
d

123,428
50, S35
273,196

49, 60(5. 00

A.
21,1927
ACdo
C
Feb. 24, 1927 | AC
Mar. 3, 1927 |
Mar. 7, 1927 i A
AC
Mar. 22, 1927
Mar. 25.1927
n
Mar. 26,1927
D
A
75, 000 Mar. 28,1927
C
150, 000 Mar. 29,1927
AC
101). 001) Mar. 31,1927
C
100,000 Apr. 2,1927
AC
50, 000 Apr. 8,1927
AC
100,000 Apr. 29,1927

25, 000
50, 000
300, 000
60, 000
50, 000
75, 000
35.000
300,000

252,056

24, 700. 00
15, 300. 00
4.8,000.00 •

44, 300. 00
29, 495. 00
6, 250. 00

D
C
AC
AC
C
AC
C
BA
C

24,997. 50 ;

24, 700. 00
15, 300. 00

24. 400.
99, 000.
94, 200.
32, 300.
49, 497.
12, 500.

400.
000.
200.
300.
497.

00
00
00
00
50

24, 700. Of)
90, 800. 00
40, 000. 00

24, 700. 00
90, 800. 00
•10,000. 00

49, 600. 00

49. 600. 00

24. 700.
6. 100.
24, 300.
21, 990.

00
00
00
00

A
AB
A

00
00
00
00
50
00

24, 700. 00
6, .100. 00
24. 300. 00
24! 900. 00
123, 200. 00

196,240
777, 551
1,010,867
1, 358, 878
353, 7C-2
1,204,073
203,014
317. 100
l f S6S.47r,
5114, 225
396, 3.04
866, 80S
215,524
232. 155
76, 692
(53, 445
H55, 'A7r>
94! 205
.-.2-4 744

37,497. 50

I

24,166.66"

1,7*1,014
283,727

3
s
n

i
3
CJ

d

4S1, 789

69, 400. 00
24,100.00

I

O

to

TABLE N O . 42.—National banks in charge of receivers during year ended October 31, 1931, dates of organization and appointment of receivers, to
CO
capital at date of organization and at date of failure, causes of failure, dividends paid while solvent, circulation outstanding at date of failure,
OO
lawful money deposited with Treasurer of the United Stales to redeem circulation, and total deposits at date of failure—Continued
[A= Incompetent management. B=Dishonesty. C = Local financial depression from unforeseen agricultural or industrial disaster. D = Receiver appointed to levy and collect stock
assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. E = Temporary suspension]

Organization
Name and location of bank

Charter
No.

Date

Failures

Total dividends paid
during existence as a
national
banking
association

Capital

Capital

Receiver
appointed

I

National Bank of Fayetteville, Fayetteville,
N. C
First National Bank, Bishop, Calif
Citizens National Bank, Waynesburg, Pa._.
First National Bank, Sheridan, Ind
First National Bank, Inwood, Iowa
—
Farmers National Bank, Odell, 111
Central National Bank, Kearney, Nebr
City National Bank of Kearney, Kearney,
Nebr
First National Bank, Mallard, Iowa
First National Bank, Bancroft, Iowa
__.
National Bank of La Grange, La Grange, Ind.
First National Bank, Swea City, Iowa
National State Bank, Stockton, Kans
National Bank of West Palm Beach, West
Palm Beach, Fla.
_
First National Bank, New Cumberland,
W. Va
First National Bank, RolT, Okla— _
First National Bank, Checotah, Okla
First National Bank, Hope, N. Dak
First National Bank, Manning, S. C
National Bank of Bowman, Bowman, S. C_
American National Bank, Sallisaw, Okla
New Georgia National Bank, Albany, Ga. _.
First National Bank, Mimicwaukan, N. Dak
First National Bank, Greenville, Tex
First National Bank, Mullens, W. Va
First National Bank, Lisbon, N. Dak
First National Bank, Delta, Utah__
_..
First National Bank, Plainville, Kans
First National Bank, Derby, Iowa




5077
10999
4207
5296
7304
9024
6000

Dec.
Nov.
Jan.
Apr.
May
Nov.
Jan.

12,1900
21,1910
15,18i-:o
2,1900
23,1904
29,1909
26,1903

3958
10502
5043
4972
5037
8274

Dec.
May
Nov.
July
Oct.
May

26,1888
19,1914
10,1900
12,1894
24,1900
22,1900

12930

Apr. 27,1920

100,000

5417
5128
5893
11155
11502
12555
12803
5500
2998
12270
3609
11529
7313
10848

Dec. 9,1902
May 28.1900
May 23,1898
June 17.1901
Feb. 23.1918
Dec. 3,1919
June 12,1924
Dec. 22,1925
July 9,1900
June 30,1883
Nov. 3,1922
Mar. 30,1887
Nov. 17.1919
June 17,1904
Mar. 23,1910

40, 0C0
25, 0C0
50,0C0
25, 0C0
25,0C0
25,000
30, 0C0
300, 0C0
25,0C0
50,000
25,0C0
50, OC0
30, 000
50,000
25, 000

Lawful
money
deposited

A
C
A
I)
AC
1)
1)

$22,400.00

3,1927
20,1927
24,1927
29,1927
14,1927

D
C
A
BC
C
AC

50,000.00

100,000 Nov. 18,1927

J
26,500.66 ;
95,000.00 I
201, 750. 00 I
51,750.00 i
102,750.00 j

73,350.00
100,050.00
234,600.00
171,209.84
20,500.10
8,000.00

12,1927
15,1927
17,1927
18,1927
0,1927
21,1927
30,1927

!
i
!
!
i
i
!

B
AC
A
C
C
C
C
AC
C
1)
A
C
D
C
C

90,000.00 i
84,250.00 I
512,750.00 |
!
188,500.00 i
!
117,250.00 !
890.53 i

Circulation
Total
outstanding deposits at
date of
at date of
failure
failure

AC

50,000
30,000
50,000
50,000
50,000
25,000
30, COO
200,000
25,000
150,000
25,000
50,000
30,000
50,000
50,000

$100,000
50,000
500,000
75,000
50,000
25, 000
50,000

$175,500.00
25,000 | l2o,000.C0
50,000 I 1,505,000.00
190,171.50
45, 000
121,000.00
25. 000
19,250.00
25, 000
117,500.00
50,000
] 00, 000
25,000
50, 000
50, 000
25, 000
50,000

Apparent
cause
of
failure

100, 000
25, 000
50, COO
100, 000
25,0C0
50,000

Aug.
Aug.
Aug.
Aug.
Sept.
Sept.
Sept.
Oct.
Oct.
Oct.
Oct.
Nov.

Nov. 21,1927
do.
Dec.
1,1927
Dec. 12,1927
Dec. 14,1927
Dec. 10,1927
Dec. 30,1927
Jan.
4,1928
Jan.
0,1928
Jan. 11,1928
Jan. 10,1928
Jan. 21,1928
Jan. 23,1928

Feb.

do
10,1928

$1,909,559
703,199
275,000.(10 I 4,080,072
22,400.00 j
25,000.00 j
182,242

$49, COO. 00

220,000

24,600. CO
48,900.00

50,000.00
49,300.00
24,000.00
48,900.00

180, 501
180, 859
530, C8G
304,021
200, 504
324,846

50,000. CO
30, COO. 00
50,000. CO
25,000.00

50,000.00
30,000.00
49,300.00
50,000.00
25,000.00

24,"745.6o"
138, 545.00

197,997.50
24, 745.00
138, 545.00

49,500.00

49, 500.00

25,000. (JO

25,000.00

550,834
103,478
233,440
250, 280
190,793
30, 915
355, 504
721,845
172,443
185, 708
453, 777
18, 880
110,055
192, 892

1199
1201
1203
1205
1206
1208
1209
1210
1211
1212
1213
1214
1215
1210
1217
3218
121 «J

First N a t i o n a l B a n k , L a P o r t e C i t y , I o w a . . . 4114 Aug. 12,1889
Astoria N a t i o n a l B a n k , Astoria, Oreg
4403 Aug. 9,1890
F a r m e r s N ational B a n k , Phillipsburg, K a n s . 10776 Aug. 18,1915
First National Bank, Ashton, Idaho
10209 Sept. 3,1912
N e w First National B a n k in Springfield, M o . 12770 June 6,1925
F i r s t N a t i o n a l B a n k , Carrington, N . D a k . . .
5.551 July 6,1.900
First N a t i o n a l B a n k , Osborne, K a n s
3319 Jan. 28,1885
First N a t i o n a l B a n k , T o r o n t o , S. D a k
6381 July 8,1902
First N a t i o n a l B a n k , S t . George, S. C
12233 June 5,1922
First N a t i o n a l B a n k , Rolfe, Iowa
4954 Apr. 24,1894
Commercial National B a n k , Statesvtlle, N . C . 9335 Dec. 26.1908
First N a t i o n a l B a n k , Bristow, Okla
6260 Apr. 29.1.902
First N a t i o n a l B a n k , Stewardson, 111
9438 M a y 14.1909
First N a t i o n a l B a n k , Avoca, M i n n
11224 July 31.1918
First N a t i o n a l B a n k , Rice, M i n n
"
11709 Apr. 1,1920
American N a t i o n a l B a n k , Sarasota, Fla
12751 Apr. 7,1925
First Citizens N a t i o n a l B a n k , M o u n t Sterling, O h i o . . .
- 5382 M a y 10,1900
1220 F i r s t N a t i o n a l B a n k , Moweaq ua, 111
7739 Apr. 8.1905
1221 First N a t i o n a l B a n k , M a r s h a l l t o w n , Iowa. _i 411 Apr. 25', 1804
1222 First N a t i o n a l B a n k , Arcadia, I n d
! 9488 July 8,1909
1225 First N a t i o n a l B a n k , Calexico, Calif
! 90SO Jan. 27,1910
122fi I F i r s t N a t i o n a l B a n k , D e n t o n , T e x
I 2812 Oct. 30.1882
1227 ! F i r s t N a t i o n a l B a n k , P l a i n view, N e b r
9504 July 27,1909
1228 I L a k e C o u n t y N a t i o n a l B a n k , M a d i s o n , S.
i
Dak
10630 i Oct. 2,1914
1230 | Citizens N a t i o n a l B a n k , Woonsocket, K. 1 . . j 970 | Jan. 19,1805
1231 ! F i r s t N a t i o n a l B a n k , D u b l i n , G a
I 0374 I M a y 3, 1902
1232 j F i r s t N o t i o n a l B a n k . Alndo. Til .
7145 ! Jan. 24.1904
1234 I F i r s t N a t i o n a l B a n k j W e s l e y . Iowa.
5457 i June 20, 1900
1235 ! Carolina N a t i o n a l B a n k , Darlington, S. C..... 9999 I Apr. 1.4, 1911
1,1902
1230 | F i r s t N a t i o n a l B a n k , F a r m l a n d , I n d
0504 Oct.
1237 '• L n m a r N a t i o n a l B a n k , L n m o r , S. C
11080 ! Sept. 5,1917
123S : H a r t i n g l o n N a t i o n a l B a n k , H a r t i n g t o n ,
i
Nebr
...
5400 M a y 21,1900
1239 F i r s t N a t i o n a l B a n k , C h e r a w , R. C
0342 Feb. 4,1909
J 240 F i r s t N a t i o n a l B a n k , D u n n , N . C
718S Mar. 24, 1904
12:-1 F a r m e r s N ational B a n k , Wnkefield, N e b r . . . - 9984 . Mar. '/i, !91 L
1242 F o u r t h N a t i o n a l B a n k , M a c o n , G a
8305 ! Aug. 2,1900
1243 F i r s t N a t i o n a l B a n k , R i c h l a n d Center, Wis. 7901 Aug. 7,1905
1245 F i r s t N a t i o n a l B a n k , W a r r e n , I n d
7930 May 10,1905
1217 Cass C o u n t y N a t i o n a l B a n k , Casselton,
N. Dak
7142 Jan. 11,1904
12-18 F i r s t N a t i o n a l B a n k , B e n s o n , N . C
12014 Dec. 10,1924
1249 Peoples N a t i o n a l B a n k , M i d d l e t o w n , Del
3019 J u n e 2,18S3
1252 F i r s t N a t i o n a l B a n k , Lewisville, Ohio
_. 8978 Dec. 9,1907
1253 ! F i r s t & M o o r h e a d N a t i o n a l B a n k , Moor|
head, M i n n
2509 Aug. 13,1881
1254 j E x c h a n g e N a t i o n a l B a n k , D e n t o n , T e x
2949 M a y 7,1883
2,1902
1255 | F i r s t N a t i o n a l B a n k , Frisco, T e x
6346 July
•1256 F i r s t N a t i o n a l B a n k , K i n g s b n r y , Tex
10266 Aug. 15,1912
1257 I F i r s t N a t i o n a l B a n k , Coleridge, N e b r
9796 M a y 18,1910




50,000
50,000
25,000
35,000
125,000
25,000
50,000
25,000
50,000
50,000
100,000
25,000
25,000
25,000
25,000
100,000

183,250.00
297,354.16
32,725.00
24,900.00
3, 750.00
128,861.40
367, 600.00
71,290.00
16,000.00
120,000.00
145, 500.00
202, 500. 00
43,750.00
15, 250.00

50,000
25, 000
50,000
25,000
25.000
50,000
40,000

210,185.00
79,500.00
839,000.00
15,000.00
112.250.00
259,056.00
50,000.00

75,000
200,000
50,000
50,000
125,000
50,000
50,000
25,000
50,000
50,000
100,000
50.000
25, 000
25,000
25.000
100,000

Feb. 15,1928
Feb. 24,1928
M a r . 2,1928
M a r . 10,1928
M a r . 17,1928
M a r . 26,1928
M a r . 30,1928
Apr. 3,1928
do..
do
Apr. 19,1928
Apr. 25,1928
May 1,1928
May 5,1928
May 12,1928
May 15,1928

j
I
i
i
i
;
;

85,000
75,000
200, 000
25, 000
300.000
50.000
40,000

May
May
June
Julv
July
Aug.
Aug.

75,000
114,000.00
100,000
3S0, 500.00
50,000
401,000.00 ;
25, 000
70,300.00 :
25,000 • 37,250.00 :
50,000
98.500.00 :
25, 000
32. 100. 00 :
25,000
4,000.00

75.000
100,000
200.000
50. 000
25, 000
100. 000
40, 000
25. 000

Aug. 29,1928
Sept- 18,1928
Sept. 24,1928
Sept, 27,1928
Oct. 12,192S
N o v. 2.1928
Nov. 3,1928
Nov. 9,1928

40.000
25, 000
25, 000
40, 000
250, 000
30, 000
25,000

40. 000
50. 000
50, 000
50, 000
500. 000
50, 000
25, 000

AC
AC
BC
C
A
C
AB
C
AC
C
B
BC
AB
C

Nov. 1 , 9 8
312
Nov. 14,102* I

73, 200. 00
54,500.00 :
75. 300. 00 !
75, 000. 00 ;
701,000.00 i
87, 300. 00 '
24,000. 00 ;

19,1928
23,192S
11,1928
3,1928
24. 1928
15,1928
22,1928

c
C
AB
C
AC
A
C
B
C
C
AB
AC
A
C

75,000.00 !
28,950.00 i

28,950.00

... ;
49,450.00 ;
24,300.00

21,700.00
49.450.00
21,300.00

12,150.00 ;

12,150.00
98, 200. 00
25, 000. 00
25,000. 00
0, 500. 00

25, 000. 00
0, 500. 00
95.850.00 |

95,850.00

PH. 847.50 !
49,050.00 j

08.847. 50
49,050. 00
40, 750. 00
2.5. 000.00

166, 044
2,242,001
156, 494
120,732
494, 77S
325, 911
234, 378
205. 349
271,852
105, 909
910. 884
548,130
396, 622
209, 910
177, 091
402, 489

37. 500. 00
39, 700. 00
99. 9S0.00 :
"24.0G0.00 j

B
1)
C

A
M
do
I A
Nov. 21,1928 I A
Nov. 20,1U2S | A
A
do
i
A
Dec. 7,1928

75,000.00

735, 997
341,080
1,019,090
173. 740
10.741
2S6! 077
207, 232

05.000. 00
100.000.00
100.0U0. 00
40. OCX). 00
24, 000. 00
So, 500. 00

465, 247
1.077,015
893. C80
457. 590
155.474
000. c>9$

25.000. 00
25,000.00
~4o,"6oij.bo'i

139, G08

25.000.00
50, 000. CO
40, 000. 00
50, 000. ()()

384.810
253. llfi
274, 774
'.til, 411)
7, 090, 4 SO
804. 491
185, 804

49, 30.1. 00
24, 995. 00
i

R5,250.00
18, 000. 00
20S. 400. 00
25,250.00 :

25, 000
50, 000
80, 000
25, 000

Dec.
Dec.
Dec.
Dec.

10,1928
11,11)2$
14,1928
19,1928

A
A
A

50,000
172,500.00 I
50, 000 | 259, 050. 00 |
25, 000 !
Bl, 250. 00 i
25,000 |
26,500. 00 I
40, 000 i 64,600.00 I

150,000
100, 000
25, 000
25, 000
40,000

Dec.
Dec.
Dee.
Jan.
Jan.

24,1928
26,1928
31,1928
10,1929
12,1929

C
C
C
BC
AC

25,000
100, 000
80, 000
25, 000

50, 000. 00
24, 450. 00

25. 000. 00
50, 000. 00
50, 500. 00
24, 450.00

200,217
137, 8:i0
425.318
210, 288

109,995.00
24, 097. 50
24, 550. 00
6,250.00
39, 350. 00

1,800,450
437, 125
CO, 4'JO
38, 205
150, 689

TABLE N O . 42.—National banks in charge of receivers during year ended October 81,1931, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, causes of failure, dividends paid while solvent, circulation outstanding at date of failure,
lawful money deposited with Treasurer of the United States to redeem circulation, and total deposits at date of failure—Continued
[A = Incompetent management. B = Dishonesty. C = Localfinancialdepression from unforeseen agricultural or industrial disaster. D = Receiver appointed to levy and collect stock
assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. E = Temporary suspension]
Organization

Name and location of bank

Exchange Nation Bank, Spokane, Wash
First Exchange National Bank, Coeur
d'Alene, Idaho
First National Bank, Wagener, S. C_
Minneapolis National Bank, Minneapolis,
Kans
First National Bank, Melvin, Iowa
First National Bank, Manchester, Iowa
Citizens National Bank, Hope, Ind
First National Bank, Avon Park, Fla
First National Bank, Punta Gorda. Fla
First National Bank, Bixby, Okla
First National Bank, Brunson, S. C
Carlton National Bank, Wauchula, Fla
First National Bank, Rockford, Iowa_
_.
First National Bank, Erskine, Minn.
National Bank of Larimore, N. Dak
__.
First National Bank, Denton, Mont
First National Bank, West Alexandria, Ohio.
First National Bank, Sandersville, Ga.l
National Bank of Emmetsburg, Iowa
First National Bank, Waverly, Va
_..
First National Bank, Sanborn, N. Dak
Peoples National Bank, Adena, Ohio

Charter
No.

4041

May 4,1889

7120
10485

Jan. 11,1904
Feb. 11,1914

3731
5616
4221
5728
1082G
10512
10407
10832
10691
3053
11173

June
Oct.
Jan.
Feb.
Feb.
Apr.
Dec.
Mar.
Jan.
July
Apr.
May
Jan.
May
Aug.
Apr.
Oct.
Oct.
Aug.
Dec.
July
Dec.
June
Aug.
June
Feb.
Mar.
Apr.

6286
10819
11733
7934
13059
10914
8448
6016
Reed C i t y N a t i o n a l B a n k , Reed C i t y , Mich. 12474
F i r s t N a t i o n a l B a n k , R u t h v e n , Iowa
5541
F i r s t N a t i o n a l B a n k , Sebring, F l a
_ 12090
First National Bank, Lakeland, Fla
9811
12983
F i r s t N ational B a n k , A u b u r n d a l e , F l a
9453
First N a t i o n a l B a n k , Shirmston, W . Va
11311
First National Bank, Aneta, N . Dak._
First N a t i o n a l B a n k i n Langdon, N . D a k . _ 13053
First National B a n k , Mayville, N . D a k




Dato

3673

14,1887
9,1900
17,1890
7,1901
10,1910
6,1914
1,1913
7,1916
7,1915
18,1883
22,1918
26,1902
8,1916
10,1920
15,1905
5,1927
2,1916
12,1906
8,1901
8,1923
7,1900
27,1921
9,1910
17,1926
14,1909
18,1919
9,1927
4,1887

Capital

Total dividends paid
during existence as a
national
banking
association

Failures
T

Capital

Receiver
appointed

$100,000 $2,720,000.00

$1,000,000 Jan. 18,1929

71,000.00
25,484.00

100,000 Jan. 19,1929
50,000 Feb. 9,1929

100,000
25,000
60,000
25,000
50,000
25,000
25,000
25,000
25,000
25,000
50,000
50,000
25,000
25,000
25,000
40,000
42,000
60,000
25,000
25,000
25,000
25,000
25,000
50,000
50,000
50, 000
45, 000
25, 000
50, 000
50, 000

231,600. 00
32, 500. 00
146, 000. 00
123,000.00
104,000. 00
49,375. 00
22, 500. 00
8,083.33
39,000. 00
172, 500. 00
10, 000. 00
48, 500. 00
14, 250. 00
18,000. 00
154,880. 00
65,000.00
86,687.50
6,000. 00
62,125. 00
33, 500. 00
206,000. 00
3,000. 00
123, 750. 00
228, 000. 00

60,000
2n, 000
50,000
30,000
100,000
50,000
25,000
25, 000
50, 000
50,000
25,000
25,000
25, 000
40,000
50,000
60,000
25,000
25,000
50,000
25,000
25,000
100, 000
100,000
50,000
90,000
25, 000
50, 000
50,000

____do
_.
.
Feb. 12,1929
Feb. 13,1929
Feb. 15,1929
Feb. 18,1929
do..
Feb. 20,1929
do..
Feb. 21,1929
Feb. 23,1929
M a r . 2,1929
M a r . 5,1929
do.
Mar. 13,1929
Mar. 14,1929
Mar. 15,1929
Apr. 2,1929
Apr. 10,1929
Apr. 13,1929
May 2,1929
.do.
May 4,1929
May 15,1929
do
__.
May 22,1929
June 3,1929
June 14,1929
June 25,1929

l f ,,i

Apparent
cause
of
failure

Circulation
failure

$470, 000. 00 ; $980,800.00

AC
C
A
A
A
B
C
C
A
C
A
C
C
A
A
B
A
C
D
A
C
A
C
AC
C

c
AB
AC

100, 000. 00

100,000.00
6,250.00

16, 400. 00 !

60, 000. 00
12,500.00
39, 447. 50
29, 150. 00
16, 250. 00
22, 000. 00
6, 050. 00
16,400.00

24,450.00

12, 500.00
25, 000. 00
21, 500.00
24,450.00

12, 500. 00 !

22, 000. 00

25,000.00

25,000.00
25,000.00
7,000.00

41, 400. 00

Total
deposits at
date of
failure

$7,254,185
1,018,391
51,273
525,118
121,291
558, 579
813, 914
345, 432
455, 591
181,685
81,197
411,262
154, 787
135, 516
163,618
84,143
359,956
231,649
691,652
60,358
498, 265
212,659
194, 631
390,452
1,907,518
289, 053
840, 213
185, 954
164,094
163, 380

to

o

Polk County National Bank in Bartow, Fla__ 13309
East Alabama National Bank, Eufaula, Ala__ 3022
National Bank of Newberry, S. C
1844
South Pasadena National Bank, South Pasa12852
dena, Calif
First National Bank, MeHenry, N. D a k . . . . 8124
9057
First National Bank, De Land, Fla
First National Bank, Sanford, Fla
3798
First National Bank, St. Augustine, Fla
3462
5007
Miners National Bank, Blossburg, Pa
First National Bank, Maquon, 111
8482
10959
Henry National Bank, Abbeville, Ala
7505
First National Bank, Moultrie, Ga
First National Bank, Montezuma, Iowa
2901
First National Bank, Eldorado Springs, Mo.. _ 10055
5467
First National Bank, Delta, Colo
Farmers National Bank, Ked Oak, Iowa
6056
First National Bank, Taylorville, 111
3579
First National Bank, New Bern, N. C
13298
First National Bank, Clarksville, Ark.. ..... 9033
National Bank of Lumpkin, Lumpkin, On. . 12254
6557
First National Bank, Tower City, N. Dak
Griswold National Bank, Griswold, Iowa
8915
First National Bank, Grimdy, Va_.
11098
Carolina National Bank, Spartanburg, S. C _ 12146
7022
First National Bank, Grceley, Ncbr
First National Bank in Mount Sterling, 111... 13213
First National Bank, Samson, Ala
802S
11899
First National Bnnk, Scward, Pa
First National Bank, Florala, Ala
8910
First National Bank, Hartsville, S. C
10137
10263
First National Bank, Bishopville, S. C
First National Bank, Burlington Junction.
0242
Mo
..
5909
Dothan National Bank, Dothvin, Ala
First National Bank, Humphrey, Nohr
m7
Texas National Bank, Fort Worth, Tex
12371
First National Bank, Northwood, N. Dak... 5980
First National Bank of Royse, Royse City.
6551
Tex
12110
First National Bank, Ennis, Tex
First National Bank, Roy, Mont
| 10991
First National Bank, Brantley, Ala
I 7991
!
5004
First National Bank, GalTney, S. C
9386
First National Bank, Ambrose, N. Dak
8008
Colton National Bank, Coltou, Calif
10016
American National Bank, Kowaima, Ind
11433
First National Bank, Tranquillity, Calif
First National Bank, Milford, 111'.
5149
First National Bank, Tallasseo, Ala
! 10706
First National Bank, Edmoro, N. Dak
', 6001
Commercial National Bank, Chats worth, 111. | 5519




Apr. 1,1929
Dec. 23,1886
May 6,1871

200,000
59,000
50,000

Nov. 17.1925
Feb. 1,1908
Jan. 5,1910
Apr. 19,1887
Feb. 16,1886
June 6,1895
Nov. 10,1906
Feb. 21,1917
Dec. 19,1904
May 21,1883
June 30,1911
May 22,1900
Nov. 9,1901
Oct. 9,1886
Mar. 18,1929
Nov. 27,1909
Aug. 11,1922
Dec. 9,1923
Sept. 2,1907
Apr. 19.1020
Jan. 16,1922
Feb. 3,1905
May 12,1928
Dec. 22,1906
Dec. 21,1920
Sept. 4,1907
Nov. 3,1911
Aug. 28,1912

100,000
25, 000
50,000
50,000
50,000
50, 000
35,000
25, 000
25,000
50, 000
50, 000
30,000
60, 000
75, 000
150,000
25,000
25,000
25, 000
50. 000
50,000
200, 000
25,000
50, 000
25,000
25,000
50, 000
25,000
50,000

Ar,r. 18,1902
Jvilv 0,1901
Apr. 10,1900

286,380.00
705, 500.00

200,000 June 28,1929
100,000 July 1,1929
100,000
do

C
B
A

127,000.00
3,500. 00
64,825. 00
22, 250. 00
34,000.00

100, 000
25,000
100,000
150,000
130,000
50,000
35,000
50,000
100,000
50,000
50,000
50,000
60,000
200, 000
150,000
100,000
25,000
25, 000
50.000
50,000
200,000
25,000
50,000
100,000
25,000
100, 000
25, 000
100,000

July 2,1929
July 3,1929
July 12,1929
July 15,1929
July 25,1929
July 30.1P29
Aue. 14; 1929
Aug. 16,1929
Aug. 27,1929
Sept. 16,1929
Sept. 23,1929
Sept. 25,1929
Oct. 14,1929
Oct. 18,1929
Oct. 20,1929
Nov. 18,1929
Deo. 7,1929
nee. 10,1929
Deo. 13! 1929
. .do ' . . .
Dec. 30,1929
do
Jan.
7,1930
Jan. 8,1930
Jan. 10,1930
Jan. 13,1930
Jan. 16,1930
Jan. 18,1930

A
C
AC
O
AC
A
C
A
D
A
AC
B
A
AC
A
AC
AC
0
A
A
A
AC
AC
C
A
A
D
AC

137,000.00
798, 083. 00
67, 270. 00
237, 309. 00
90,750.00

25,000
400,000
35, 000
500, 000
50,000

Jan.
Jan.

Aug. 28,1901

25,000
50,000
25,000
300,000
25,000

22,1930
30,1930
do
Feb. 4,1930
Feb. 5,1930

B
AC
A
B
C

Nov.
Jan.
Apr.
Nov.
Mar.
Nov.
Mar.
Apr.
Julv
Oct.
July
Jan.
July

30,000
200,000
25,000
25,000
50, (»00
25,000
25,000
25,000
50, 000
50,000
25, 000
25,000
25,000

151,500.00
20,000.00
14,590.00
61,000.00
380,000. 00
51,750.00
73, 250. 00
8, 500. 00
9,000. 00
219, 075. 00
23, 250. 00
101,750.00
100,100.00

50, 000
100,000
25,000
50, 000
150,000
25,000
50,000
25,000
50, 000
50, 000
25, 000
25,000
40,000

Feb. 11,1930
do
do
Feb. 17,1930
do
Feb. 20,1930
do
Feb. 25,1930
Feb. 27,1930
Mar. 4,1930
Mar. 6,1930
Mar. 8,1930
do

70,450.00
98, 600.00

AB
A
C
C
B

May

3,1923

17,1902
36,1922
11,1917
6,1905
11,1807
6,1908
6,1907
21,1914
15,1919
8,1898
14,1915
15,1903
14,1900

29,000.00
85, 500.00
211,225.00
807,900. 00
127, 500.00
18,900.00
19, 500. 00
8,000.00
191,000. 00
66. 500. 00
156,000. 00
07,200.00
057, 290. 00
9, 094.00
8,750. 00
80, 500. 00
71,000.00
54, 000. 00
83, 250.00

100,000.00
130, 000. 00
49, 000. 00
23,400. 00
16,850. 00
48,850. 00
49, 050. 00
49, 600. 00
58,900. 00
98 550 00
23,900. 00
K. 000. 00

1,046,039
414,340
1,108,313
704,440
40.763
1,255'. 287
1,713; 480
1.649.312
i; 107! 522
127; 145
196, 597

12,500. 00
8, 320. 00
80, 075. 00

496, 376
315, 831
457, 455
401, 608
i. 023, 437
1,472.945
353,179
70, 170
60, 923
343. 374
159/202
927, 503
251,187
4S7, 751
84, 378
157, 319
311,827

44,900. 00

455,914

6,250. 00

284, 431
970, 705
204, 5M
C\ 302, 007
' 247, S28

25, 000.00
30. 000. 00
50,000. 00
7,000.00

9, 980. 00
4S4. 940. 00
24,460.00
12,500. 00
300,000 00
12, 780. 66
37, 497. 00
6, 500. 00

C
.73
C
A
A
AB
AC
::::::::::::::

153, 397
504, 083
57, 025
131, 700
1,201, 844
SI, 303

25,000. 00
50,000. 00
45, 980. 00
24,400.00
6,070.00
39,280.00

208, 091
310,857
340, 986
323,469
119,090
319, 205

TABLE N O . 42.—National banks in charge of receivers during year ended October 81, 1931, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, causes of failure, dividends paid while solvent, circulation outstanding at date of failure, to
lawful money deposited with Treasurer of the United States to redeem circulation, and total deposits at date of failure—Continued
[A=Incompetent management. B = Dishonesty. C = Local financial depression from unforeseen agricultural or industrial disaster. D = Receiver appointed to levy and collect stock
assessment covering deficiency in value of assets sold, or to complete unflnished liquidation. E=Temporary suspension]
Organization
N a m e and location of bank

Charter
No.

1343 i Citizens National B a n k , Streeter, N . D a k . . . 11166
1349 First National B a n k , Rising Star, Tex
j 7906
1350 First National B a n k , Co/fee Springs, Ala
| 11259
1351 Commercial National B a n k , Independence,
1352
1353
1354
1355
1356
1357
1358
1359
1300
1301
1302
1363
1364
13.65
1366
1367
1363
1369
1370
137 L
1372
1373
1374
137fi
1376
1379
1380

Kans..
Security National B a n k , Cherokee, Iowa
First National B a n k , H a z a r d , K y
First N a t i o n a l B a n k , M c K i n n e y , Tex
Peoples-First National B a n k , W h i t e I i a l l , l l l .
First National B a n k , W a n e t t e , Okla
Central National B a n k , Bartlesville, O k l a —
First N a t i o n a l B a n k , Norris C i t y , 111
P a n a National B a n k , P a n a , 111.-F a r m e r s National B a n k , Oskaloosa, I o w a —
National B a n k of Tifton, Tifton, G a
State National B a n k , Idabel, Okla
Saunders C o . N a t i o n a l B a n k , W a h o o , N e b r . .
First National B a n k , Pineville, W . Va
H o p e N a t i o n a l B a n k , H o p e N . Dak___
First N a t i o n a l B a n k , Jasper, F l a
National Loan & Exchange B a n k , Greenwood, S. C
State National B a n k , H o n e y Grove, T e x
C i t y N a t i o n a l B a n k Shawneetown, 111
First N a t i o n a l B a n k , St. Petersburg, Fla
|
First N a t i o n a l B a n k , Bowerslon, Ohio
i F a r m e r s N a t i o n a l B a n k , S t r a w n , 111
|First N a t i o n a l B a n k , (Iheboygan, Mic!i
! First N a t i o n a l B a n k i n P o u l t n e y , V t
INow-First National B a n k in F a r m l a n d , I n d .
First National B a n k , laeger, W . Va
! First N a t i o n a l B a n k , Litchville, N . D a k
! First National B a n k , Williams, Iowa




Date

Capital

Mar. 28,1918 I
Aug. 24,1905
Oct. 28,1918

Failures

Total dividends paid

during existence as a
national
banking
association

$25,000
25,000
25,000

$8,750.00
52, 750. 00
059, 750. 00
27,000. 00

17,000.00 I

Receiver
appointed

Apparent
cause
of
failure

$25,000
25,000
25,000

Mar. 10,1930
Mar. 12,1930
Mar. 13,1930

C
AC
C

250,000
50,000
100,000
100,000
100,000
25,000
100,000
25,000
100,000
100,000
100,000
50,000
50,000
25,000
50,000
30,000

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr.
Apr.
Apr.
May
May
May

14,1930
17,1930
18,1930
19,1930
20,1930
24,1930
29,1930
31,1930
1,1930
9,1930
12,1930
19,1930
22,1930
1,1930
12,1930
13,1930

A
A
D
D
C
AB
AC
AC
AC
D
A
AC
B
A
D
AC

100,000
125,000
25,000
600,000
25,000
25,000
50,000
100,000
25,000
25,000
25,000
25,000

May 16,1930
May 19,1930
May 26,1930
June 9,1930
June 11,1930
do
June 12,1930
June 20,1930
J u n e 25,1930
do
June 30,1930
July 1,1930

Lawful
money
deposited

Capital

Circulation
outstanding
at date of
failure

Total
deposits at
date of
failure

$23,800. 00

$106,496
167, 692
27,152

$100,000. 00

100, 000. 00
48, 920. 00

5.046,24S
145,924

45, 320. 00

45, 320. 00
47, 840. 00
6, 300. 00

i

4499
10711
8258
2729
7121
6641
11837
7971
6734
8076
8350
12106
3118
7672
8395
7757

Jan. 1,1891 I
Feb. 10,1915
May 28,190(5 I
May 8,1882
Jan. 4.1904
Feb. 6,1903
Sept. 2,1920
Sept, 18,1005
Apr. 14,1903
Jan. 24,1900
Aug. 10,1900
Jan. 17,1922
Jan. 3,1884
Mar. 6.1905
July 31,1900
Jan. 17,1905

100,000
50,000
25,000
50,000
50,000
25,000
100,000
25, 000
50,000
] 00, 000
50, 000
50, 000
f>5,000
25, 000
50,000
30,000

451, 500. 00
85,000. 00
75, 250. 00
58,000. 00
34, 225, 00
133,500.00
114,000.00
88, 500. 00
2, 500. 00
181,950.00
25, 500. 00
62, 500.00
49, 085. 00

7027
10017
9435
7730
74S6
7151
3235
13201.
128G6
11268
82U8
5585

Sept.
Sept.
M ay
Apr.
Nov.
Jan.
June
Nov.
Nov.
Oct.
June
Sept.

50,000
125,000
25, 000
2.% 000
25, 000
25,000
50. 000
100, 000
25, 000
25,000
2"), 000
25,000

.152,000.00
67, 500. 00
28,250. 00
927, 750. 00
29, 000. 00
47, 500. 00
235, 750. 00
8,000. 00
6,000. 00
36, 250. 00
65,500. 00
59, 000. 00

16.1903
14,1914
24,1909
20,1905
l.r>, 1904
12.1904
19,1884
12,1928
25,1925
15,1918
<J, 1906
13,1900

AC
D
D
C
D
B
A
A
A
AC1
AC

6, 300. 00

25, 000. 00
100, 000. 00
49,160. 00
24,400.00
25,000. 00

400, 926
272, 900
666, 690
158,155
673, 170
458, 910
259, 857
469,070
250,931

29,040.00

161,344

100,000.00

9S8,473

22,120. 00 j

"22,120.66

19,480.00 j

19,480. 00
25, 000. 00
50,000. 00
4S, 437. 00

4, 336, 700

2o, 000. 00 !

25,000. 00
25, 000. 00
2-1 580. 00

112.492
1, 381, 383
704,122
120, 624
202, 726
152. 3c3
173, 782

Union National Bank, Connellsville, Pa__. I 6408 : Aug. 9,1902
50,000
First National Bank in Fresno, Calif
11473 1 Sept. 29,1919
200,000
First National Bank, Grass Range, Mont__ j 10939 j Dec. 18,1916
30,000
National Bank of Arkansas at Pinebluff,
Ark
100,000
' 10768 Aug. 12.1915
Citizens National Bank, Connellsville, Pa_. • 6452 Sept. 12.1902
25,000
!
First National Bank, Fountain, Colo
26,000
6772 . Apr. 20.1903
First National Bank, Vanderbilt, Pa.
_ • 8190 Feb. 21, 1906
25,000
I
Citizens National Bank, Galion, Ohio
60,000
Mar. 20.1872
First National. Bank, McLcansborc, 1 1
1
25,000
6649 Apr. 4,1902
First National Bank Farmersville, Tex
50, 000
3024 Jan. 18,1887
Port Newark National Bank, Newark, N. J 12946 May 5,1926
200,000
First National Bank, Ayrshire, Iowa
25, 000
5479 June 11,1900
First National Bank, Argyle, N . Y
30,000
8343 July 12,1906
First National Bank, Lometa, Tex
25, 000
10323 Jan. 11,1913
Farmers National Bank of Glenwood City,
Gienwood City, Wis
25,000
11083 Sept. 1,1917
Clymer N ational Bank, Clymer, Pn
25, 000
9898 Oct. 10,1910
First National Bank, Burt, Iowa
25. 000
5085 Jan. 5,1901
i „439 Sept. 15.1904
Citizens National Bank, Grinncll, Iowa
50. 000
Fourth National Bank, Montgomery, Ala..
100,000
5877 May 24.1901
First National Bank, Guthrie Center, Iowa
30.000
5424 May 4.1900
First National Bank, Fair view, Mo
25,000;
8910 Oct. 1, 1907
Fanners National Bank, Wilkinson, Ind
25,000 >
9279 Nov. 2,1908
First National Bank, Aitus, Okia
30,000 ;
7159 Feb. 15,1904
First National Bank, Washburn, N . Dak..
25,000 i
0327 June 19.1902
City National Bank, Spur, Te\
40, 000
10703 Feb. 4. 1915
Fanners National Bank, Howe, Tex
30, 000
5670 Dec. 4,1900
First National Bank, Martinsville, 111
25, 000
(5721 Mar. 17.1903
Hartford N ational Bank, Hartford, Kans__
25,000
8197 Mar. 27,1906
Billings National Batik, Billings, Okla
30,000
12045 Nov. 12,1921
First National Bank, Villisca, Iowa
50, 000
2700 May 29,1882
First National Bank, Perry, Fla
25,000 i
7805 July 11.1905
City National Bank, Decatur, Tex
50, 000
5005 Dec. 20,1000
50, 000
Old' First National Bank, .Farmer City, 111. . 4958 May 14. 1804
50, 000
First National Bunk, Auburn, Wash
10585 July 10,1914
.^0, 000
First National Bank, Lindsborp, Kans
. 3589 Nov. 5, 1886 :
50, 000
Peoples National Bank, Brookneal, Va._
11900 Aug. 7, l!>20 |
50, 000
Tug Itiver National Bank, laeger, W. Va_._. 12372 May 5, 1923 I
25,000
First National Bank, Elgin, Nebr.__
5440
19,1.000 !
25, 000
First National Bank, Berwyn, Okla
7209 Mar. 28, 1904 !
Quincy-Hicker National Bank & Trust Co.,
Quincy, J1L.
__
100,000
3752 June 7,1887 i
Planters National Bank, Walnut Bidge, Ark 12083 Aug. 24, . 9 1 ! 25, 000
12
Hoist on-Un ion National Bank, Knoxville,
Term
4048 Oct. 13,1891
100,000
First National Bunk, Charleston, 1 1
1
703 Jan. 10,1865
60. 000
National Bank of Kentucky, Louisville, Ky. 5312 Apr. 23, 1900 1. 0-15, 000
First National Bunk, West Salem, 1 1
1
9338 Dec. 12,1908 :
25,000
First National Bank, Siloam Springs, Ark... 987.1 Sept. 26,1910 !
50, 000
12438 July 3,1923 ! 200, 000
City National Bank, Spokane, Wash
American National Bank, Asheville, N . C... 8772 M a y 15,1907 1 300,000




20, 500. 00
IS, 000. 00
6,000. 00
185,000.00
170,000.00
34,875. 00
27,000.00
383,400. 00
113,000.00
356,464. 00
70, 750. 00
75,300. 00
24,500. 00
5,000. 00
41,000. 00
51,750.00
8(5,000. 00
877,000. 00
179.150.00
24, 500. 00
32, 500. 00
214,800. 00
96, 250. 00
44, 200. 00
61, 500 00
54. 125. 00
38, 225. 00
5,000. 00
400, 500. 00
125,500.00
1.29, 500. 00
194. 500. 00
155, 000. 00
108,000. 00
1, 500. 00

50,000 i July 3,1930
400.000 i July 7,1930
SO, 000 i July 9,1930
100, 000
100.000
25,000
25.000
100, 000
50,000
50, 000
200,000
25,000
30,000
25,000

July 21,1930
July 31,1930
Aug. 1,1.930
Aug. 4,1930
do
do.
Aug. 6,1930
A u g . 8,1930
A u g . 1.2,1930
A u g . 15.1930
A u g . 18,1930

11.3, 750
39, 500

25,000 Aug. 22,1930
75,000
do
40,000 Sept. 5,1930
75,000 Sept. 6,1930
500,000
do
75,000 Sept. 15,1930
25; 000 Sept, 17,1930
25,000 Sept. 19,1930
60,000 Sept. 26. 1930
25, 000 Sept. 29.1930
40. 000 Oct. 7,1930
30,000 Oct. 8.1930
25.000 Oct. 11,1930
25, 000
.do
25, 000 Oct. 17,1930
50, 000 Oct. 18.1930
50, 000 Oct. 25,1930
50, 000
l
05, 000
do
75. 0Q0 Oct. 2S.1930
50, 000 Oct. 31.1930
50, 000
.. do
50, 000
do
.oO. 000 Nov. 3,1930
2\ 000 Nov. 6,1930

450, 890
7, 500

")00, 000 Nov. 10,1930
2/i, 000 Nov. 11,1930

1,007. 303
853, 500
9. 8S5, 550
22,750
100, 000
50, 000
154, 500

750, 000
100,000
4, 000, 000
25, 000
50, 000
200; ooo
200, 000

Nov. 12,1930
-.do
Nov. 17,1930
Nov. 18,1930
Nov. 19,1930
Nov. 20,1930
Nov. 21,1930

C
AC
C
A
C
A
AC
AB
A
D
C
c
A
AC
AB
O
C
D
D
n
c
c
c
c
o
c

A
E
A
C
AC
I)
D
AC
AC
AC

D
AC
C
c
c
A
I)
A

ABC
D
1)
A

50, 000. 00
200. 000. 00
10,000. 00
98, 920. 00
100,000. 00
25, 000. 00
25, 000. 00
58,740. 00
25.000. 00

586, 763
131,813
426, 970
95, 361

24, 700. 00
75, 000. 00
25, 000. 00

159,497
676, 769
314,987

25,000. 00
25,000. 00

7, 500.00

1,590,482
2, 582. 278
83, 710
140. 908
906, 948
480, 324

8, 000.00
7, 500. 00
24,100. 00

25, 000. 00

747. 648
3, 348, 725
98, 545

49, 235
141, 893
100, 408
15, 095
184, 464
69, 222
298, 702

O

W
H
O

O
O
25, 000. 00
10,000.00
30, 000. 00
25,000. 00
50,000. 00
50,000. 00

161, 423
495, 272
392,610
6, 951

400,000 '
;
750,000:
500,000 :

50. 000. 00

745, 494
190,107
342,198

50,000
6,250

38, 540. 00 I

105,407
42, 295

500,000
25,000

3, 504, 347
87,593

750,000

d

11, 102,384

2,500,000 ; 26, 906. 990
25,000 I
223,941
150,000 i

50, 536
1, 949,431

CO

TABLE NO. 42.—National banks in charge of receivers during year ended October 31, 1931, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, causes of failure, dividends paid while solvent, circulation outstanding at date of failure,
lawful money deposited with Treasurer of the United States to redeem circulation, and total deposits at date of failure—Continued
[A=Incompetent management. B=Dishonesty. C=Local financial depression from unforeseen agricultural or industrial disaster. D = Receiver appointed to levy and collect stock
assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. E=Temporary suspensionj
Organization
Name and location of bank

1429
1430
1431
1432
1433
1434
1435
1436
1437
1438
1439
1440
1441
1.442
1443
1444
1445
1446
1447
1448
1449
1450
1451
1452
1453
1454
1455
1456
1457
1458

First National Bank, Plymouth, 111
_
First National Bank, Forman, N. Dak
First National Bank, Campbell, Mo
First National Bank, Westfield, 111
Citizens National Bank, Hendersonville,
N. C
First National Bank, Mendon, Ohio__
First National Bank, Roland, Iowa
Merchants National Bank, Burlington, IowaFirst National Bank, Ben ton, 111
First National Bank, Deer Creek, Minn
P'irst National Bank, Rector, Ark
First National Bank, Junction City, Ark
First National Bank, Newport, Tenn _
First National Bank, Walhalla, N. Dak
First N ational Bank, Goreville, 111 _
First National Bank, Marion, 111
Sioux National Bank in Sioux City, Iowa...
First National Bank, Sioux City, Iowa
First National Bank, Fulton, Kv
First National Bank, Charlotte, N. C
First National Bank, Horse Cave, Ky
Farmers & Merchants National Bank, Tyrone, Pa
First National Bank, Naper, Nebr
American National Bank, Redfield, S. Dak
First National Bank, Ullin, 111
First National Bank, Elk Point, S. Dak
Farmers National Bank, Laurens, S. C
Benton County National Bank, Bentonville.
Ark
_
.
Union National Bank, Fairmont, W. Va
First National Bank, Goodwin, S. Dak




Total dividends paid
during existence as a
national
banking
association

Failures
Apparent
cause
of
failure

Charter
No.

Date

12658
6474
6885
8210

M a r . 7,1925
Oct. 24,1902
Apr. 4,1903
Apr. 10,1906

$25,000
25,000
30,000
25,000

$3,750
41,000
54, 400
93,750

10734
9274
11249
1744
6136
7268
10853
11046
9632
9133
7606
4502
4510
1757
4503
1547
7602

Apr.
Oct.
Aug.
No?.
Jan.
May
Apr.
July
Dec.
Mar.
Jan.
Dec.
Aug.
Aug.
Apr.
Aug.
Feb.

21,1915
28,1908
17,1918
7,1870
11,1902
6,1904
17,1916
6,1917
20,1909
14,1908
31,1905
27,1890
19,1890
30,1870
24,1891
26,1865
4,1905

50,000
25,000
30,000
100, 000
25,000
25,000
25,000
25,000
25, 000
25,000
25,000
50,000
100, 000
100,000
100,000
50,000
25,000

71,000
31,250
9,600
525, 000
210, 250
38, 000
24, 750
25,000
45,000
40, 085
378,000
631,500
1, 236, 656
203, 500
2,090,000
55, 500

6499
9665
8125
8180
5901
10859

Nov.
Dec.
Feb.
Apr.
Juno
May

19,1902
15,1909
16,1906
3,1906
22,1901
16,1916

60,000
25,000
30,000
25,000
25,000
50,000

162,400
37, 250
85, 200
28,000
59, 250
35,000

150, 000
25,000
40,000
25,000
25, 000
50,000

Dec. 12,1930
— .do
do
_ do
Dec. 16,1930
do

C
A
AC

8135
9645
10797

Feb. 28,1906
J a n . 10,1910
Oct. 28,1915

60,000
150, 000
25,000

179, 400
242,429
32,000

60, 000
420, 000
25, 000

do
do
Dec. 17,1930

AC
AC
C

Capital

Capital

$25,000
25,000
40, 000
50,000

Receiver
appointed

N o v . 21,1930
N o v . 24,1930
do
N o v . 28,1930

100,000
do
25, 000 N o v . 29,1930
40,000
do__
100, 000 Dec. 2,1930
100,000
do
25, 000 . -.do
25, 000 Dec. 3,1930
25,000
do
50,000 Dec. 4,1930
25,000 Dec. 5,1930
25,000
do _ _ .
100, 000
do
400, 000 Dec. 8,1930
1,000, 000
do
50,000
do
300,000
do
25,000 Dec. 9,1930

Lawful
money
deposited

Circulation
Total
outstanding deposits at
date of
at date of
failure
failure

C
C

$25,000
7,000
7, 500
50,000

$98, 590
152, 037
109, 663
246,458

A
AB

50, 000
25,000
30, 000

1.075,530
' 237, 560
260, 008

100,000

1, 119,568

25, 000

193, 204
296, 096
428,125
80, 142
78,154
1. 567, 657
3,438,611
7,138, 832
140, 347
1, 671, 709
390,078

o
c
c
D
\
D
AC
c

A
AC
AC
O
A
AC
A
AC
AC

c

C
AC

$320, 020
48,380

50,000
25, 000
8,000
100, 000
100, 000
320,020
48, 380
300,000
25,000
100, 000
10, 000
40,000
6,500
25,000

362, 750
45, 676
533, 474
130, 169
168, 865
86, 645

60,000
200, 000

791, 374
2, 474, 918
238,137

Kansas National Bank, Kansas, 111
First National Bank, Mount Sterling, 111
First National Bank, Sweetwater, Tenn
First National Bank, Caruthersville, Mo
First National Bank, Capac, Mich
First National Bank, Gastonia, N . C
First National Bank, Rock Rapids, Iowa
Farmers National Bank, Inwood, Iowa
First National Bank, Laurinburg, N . C
First National Bank, Ridgeway, Mo
First National Bank, Tyler, Minn
City National Bank, in Miami, Fla
First National Bank, Augusta, 111
Pecan Gap National Bank, Pecan Gap, Tex.
First N ational Bank, Hobson, Mont
National Bank of Greenville, Greenville,
N. C
First National Bank, Ladonia, Tex
_.
First National Bank, Sesser, 111
First National Bank, Greenwood, Miss
F irst N ational Bank, Plain view, Tex
First National Bank, Connersville, Ind
First National Bank, Titonka, Iowa
.
National Bank of Goldsboro, Goldsboro,
N.C
First National Bank in Harrison, Ark
_.
First National Bank, Ayden, N . C
Interstate National Bank, Helena, Ark
First National Bank, Eureka Springs, Ark...
First National Bank, Rails, Tex
First National Bank, Kerkhoven, Minn
Merchants & Planters National Bank, Dillwyn, Va
First National Bank, Ludlow, Mo
Lawrence Ave. National Bank, Chicago, 111...
First National Bank, Floyd, Iowa
First National Bank, Corning, Ark
National Bank of Wilkes at Washington, Ga
City National Bank, Bessemer, Ala
First National Bank, Rogers, Ark
First National Bank, Brookhaven, Miss
First National Bank, Litchfield, Minn
First National Bank, Green Forest, Ark
First National Bank, Holly Grove, Ark
First N ational Bank, Brookfield, Mo
Howard National Bank, Kokomo, Ind
J Winters National Bank, Clarksdale, Miss._
First National Bank, Meridian, Miss
First National Bank, Dardanelle, Ark
-Vnoka National Bank, Anoka, Minn
First National Bank, Clinton, S. C
First National Bank, Addison, Pa




9293 Oct. 10, 1908
2402 Oct. 28, 1878
11202 Jan. 21,1918
10784 Sept. 17, 1915
10G31 Sept. 17,1914
4377 July 8,1890
3153 Mar. 17,1884
8257 Mar. 19,1906
5651 Nov. 26,1900
G549 Dec. 12,1902
0203 Jan. 24.1902
13159 Dec. 23.1927
6751 Apr. 13.1903
13266 Dec. 10.1928
10715 Jan. 4,1915

50, 000
50, 000
60,000
50,000
25,000
50,000
50,000
40, (WO
25,000
30,000
25,000
500,000
60,000
25,000
30,000

45, 500
364, 250
10,200
68,250
51,750
997, 500
408, 500
99, 600
100,000
139,800
80,000

8160
4311
8758
7216
5475
1034
5597

Feb.
Apr.
Apr.
Apr.
June
Feb.
Aug.

16,1906
26,1890
25.1907
2,1904
16,1900
13,1865
20,1900

50,000
50,000
25,000
250,000
50,000
100,000
25,000

158, 750
315,216
47, 250
862, 500
481,000
727, 250
50, 250

100,000
do
100,000
_ do_
25,000
do
250,000 Dec. 27,1930
100,000 Dec. 29,1930
200,000 Dec. 30,1930
do
25,000

D
AC
A
AC
C
D
C
A
.

5048
10801
10792
11234
8495
12927
11365

Apr.
Nov.
July
July
Jan.
Mar.
May

28,1896
9,1915
29,1915
23,1918
2,1907
24,1926
24,1919

50,000
25, 000
35,000
200,000
50,000
25,000
25,000

234,000
56,750
45, 550
285, 000
102,000
6,250
2,500

100,000
do
25,000
-do
75,000 Jan. 2,1931.
250,000 Jan. 3,1931
50,000 Jan. 6,1931
25,000
do
25,000
do

AC
E
E
C
E
C
AC

11501
7900
12873
9821
7311
8848
11905
7789
10494
6118
10422
12296
12820
2375
12222
2957
11276
3000
8041
6709

Oct. 27,1919
Aug. 7.1905
Jan. 11,1926
June 16,1910
Juno 7,1904
July 25,1907
Dec. 6,1920
May 19,1905
Feb. 17,1914
Jan. 7,1902
June 7,1913
Dec. 7,1922
Sept. 5,1925
Nov. 28,1877
June 10,1922
May 3, 1883
Nov. 26,1918
May 26,1883
Jan. 8.1906
Mar. 13,1903

50,000
25, OCX)
200,000
25, 000
25,000
50,000
100,000
25,000
100,000
50,000
25,000
25,000
100,000
100,000
500,000
50,000
25,000
100,000
50,000
25,000

13, 500
13, 000

50,000
25,000
200,000
25,000
50,000
50,000
100,000
50,000
100,000
75,000
25,000
25,000
100,000
200,000
500,000
260,000
25,000
50,000
100,000
25,000

AC
C
A

99,000
1, 500
28, 500

21, 500
122,700
131, 205
61,476
130,500
131,000
7,500
38,500
16, 250
827,000
140,000
1, 553, 525
17,750
146, 500
112,085
11, 500

50,000
100, 000
60,000
50,000
25, 000
500,000
100, 000
40,000
25,000
60,000
25,000
500,000
60,000
25, 000
30,000

do
do
Dec. 18,1930
Dec. 19,1930
Dec. 20,1930
do
do
Dec. 23,1930
do
do . ...
do
do.
_
Dec. 26,1930
do

Jan. 9,1931
do_
do

do
Jim. 12,1931
do
do
Jan. 13,1931
do
Jan. 14,1931
Jan. 21,1931
Jan. 22,1931
do
do_.
Jan. 26,1931
do
do
Jan. 27,1931
do
Jan. 28,1931

O
D
A
C
A
E

50,000
40,000
50,000
10,000
500,000
95,000
40,000
25, 000

o
C
AC
AC
C
A
C

25,000
35, 000

c

o
D
A
ACABC
AC
D
E
E
C
D
AC
A
E
AC
AC
D

216, 325
553, 211
141, 914
449,850
421, 434
257,123
177, 727
108, 656
87,181
505,190
5,996,970
299, 969
113, 720

6, 500
250,000

735, 904
256, 384
231,184
1, 454, 676

200, 000
25,000

24,400

1, 117,41!)
209,247

25, 000

329,045
25,000
1,636,678
28, 860

28, 860
25,000

56. 590
79, 282

25, 000
200,000
25, 000

151,325
78, 187
633, 079
170,653

50,000
100,000
50,000
75,000

322,962
605, 272
561, 673
912,732

5,830
10,000
20,000
95,200

121, 516

100,000
95,200

1,048,155
3,965,723

12,500
100,000

615,068
269, 679

TABLE N O . 42.—National banks in charge of receivers during year ended October 81, 1931, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, causes of failure, dividends paid while solvent, circulation outstanding at date of failure,
lawful money deposited with Treasurer of the United States to redeem circulation, and total deposits at date of failure—Continued
[A = Incompetent management. H = Dishonesty. 0 = Local financial depression from unforeseen agricultural or industrial disaster. D = Receiver appointed to levy and collect stock
assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. E =*Temporary suspension]
Organization

Name an<* location of bank

1508
1509
1510
1511
1512
1513
1514
1515
1516
1517
1518
1519
1520
1521
1522
1523
1524
1525
1526
1527
1528
1529
1530
1531
1532
1533
1534
1535
1536

Charter
No.

First National Bank, Crestline, Ohio
5099
First National Bank, Cherokee, Iowa
.. 3049
First National Bank, Fitzgerald, Ga
6082
Exchange National Bank, Fitzgerald, Ga
8250
First National Bank, Waverly, 111
6116
Farmers & Merchants National Bank, Sheridan, Ind
13050
Peoples National Bank, Osceola Mills, Pa... 11966
Clinton National Bank, Clinton, Mo
7806
First National Bank, Connellsville, Pa
2329
P'irst National Bank, Redmond, Oreg
11294
First N ational Bank, Panama City, Fla
10346
Farmers & Merchants National Bank, Rockmart, G a
_
10900
10466
First National Bank, Republic, Pa
8067
First National Bank, Hartselle, Ala
3332
First National Bank, Jackson, Miss
National Bank of Thurmond, Thurmond,
W. Va
8998
8245
First National Bank, Falrchance, Pa
National Bank of Toronto, Toronto, Ohio... 8826
10799
First N ational Bank, La Pine, Ala
7854
Lincoln National Bank, Avella, Pa
American N ational Bank, Paris, Tex
. 8542
Citizens National Bank, Wilmington, Ohio.. 8251
13041
Security National Bank, Hope, N. Dak
11890
First National Bank, Stone, Ky
13052
Blossom National Bank, Blossom, Tex
Coolville National Bank, Coolville, Ohio... 8175
11044
First National Bank, Veedersburg, Ind
31 fi
First National Bank Champlain, N Y
First National Bank, Rouses Point, N. Y_.,i 11969




Date

Nov. 30,1897
Aug. 11,1883
Dec. 5,1901
M a y 9,1906
Jan. 7,1902

Capital

Total dividends paid
during existence as a
national
banking
association

Failures

Capital

Receiver
appointed

$50,000
50,000
50,000
50,000
25,000

$147,000
276,667
287,484
213,000
132,000

$75,000
100,000
125,000
100,000
100,000

Jan. 28,1931
Jan. 31,1931
do
do
Feb. 7,1931

Apparent
cause
of
failure

Circulation
Total
outstanding deposits at
date of
at date of
failure
failure

Lawful
money
deposited

D
A
AC
AC
A

Mar.
Mar.
Apr.
Mar.
Dec.
Feb.

9,1927
23,1921
29,1905
25,1876
24,1918
26,1913

40,000
50,000
50,000
50,000
25,000
30,000

14,500
130,500
400,000
3,750
313,950

50,000
100,000
50,000
200,000
25,000
250,000

Feb. 9,1931
Feb. 10,1931
do
Feb. 12,1931
__.do
do
_

17,1916
7,1913
15,1906
14,1885

40,000
25,000
25,000
50,000

20,800
32,500
190,333
724,500

40,000
50,000
100,000
200,000

Feb. 13,1931
do
Feb. 16,1931
do

AC
AC
C
C

Dec.
Apr.
July
Aug.
May
Jan.
May
Feb.
Dec.
Mar.
Mar.
July
Feb.
Apr.

30,1907
21,1906
30,1907
3,1915
19,1905
23,1907
2,1906
8,1927
3,1920
21,1927
8,1906
3,1917
20, 1864
14,1921

50,000
25,000
50,000
25,000
25,000
150,000
60,000
25,000
50,000
30,000
25,000
35,000
65,000
50,000

99,000
22,750
102,000
22,000
54,750
328,500
171,500

50,000
25,000
100,000
25,000
100,000
150,000

Feb. 18,1931
Feb. 26,1931
do
Mar. 3,1931
Mar. 7,1931
Mar. 9,1931
do
Mar. 13,1931
Mar. 17,1931
do
._.
Mar. 18,1931
Mar. 19,1931
do
do

AC
C
C
C
A
AC
AC
C
AC
C
C
AC
AC
AC

28,500
2,400
41, 250
23,450
861,750
52,000

ioo;ooo
25,000
50,000
30,000
25,000
35,000
100,000
50,000

c
D
C
A

$741,247
615,067
586,723
263,057

30,000
50,000

C
AC

Aug.
Nov.
Jan.
Mar.

$46, 280
97, 660
97,297
100,000

$46, 280
97,660
97, 297

348,777
348,047
421,017
247,682
672,679

i

25,000
100,000
50,000
25,000
100,000
25,000
100,000
100,000
10,000
19,000
35,000
37,500

12,500

199,079
151,829
477,841
1,957,808
242,459
344,486
752,806
50,808
849, 299
960,388
566,471
116,565
378,320
55,161
298,788
156,056
1,252,541
730,005

Front Royal National Bank, Front Royal,
Va._
_..
First & Fanners National Bank in Luvcrne,
M inn
American N ational Bank, Honey Grove, Tex.
First National Bank, Portage, Pa
First National Bank, Springfield, Minn
Central National Bank, Ellsworth, Kans
First National Bank, Rockwell, Iowa
First National Bank, Worthington, \V. Va..
N ational Bank of Norton, Norton, Va
First National Bank, Oak Park, 111
Austin National Bank, Chicago, 111
First National Bank, Ivanhoe, Minn
Orangeburg National Bank, Orangeburg,

2967

Apr. 10,1883

50,000

Jan. 27,1925

100,000
100,000
25,000
25,000
50, 000
25,000
30,000
25, 000
100,000
100,000
25,000

5,000

Dec. 20,1926
July 18,1904
Apr. 21,1906
Jan. 13,1886
June 11,1912
Apr. 14,1913
Apr. 25,1910
Oct. 31,1919
Feb. 7,1913
Sept. 25,1902

100,475
28, 250
349, 250
23, 250
30,900
53, 250
1,000
166, 500
47,500

100,000
100,000
60,000
40,000
100,000
25,000
30,000
50,000
100, 0C0
250,000
25,000

M a r . 23,1931
M a r . 25,1931
do
M a r . 26,1931
M a r . 30,1931
do
Mar. 31,1931
do
Apr. 1,1931
Apr. 6,1931
Apr. 9,1931

Dec. 10,1923
Feb. 15,1926
Jan. 24,1905
Aug. 19,1882

100,000
25,000
25,000
50,000
100,000

155,000
250
133,500
435,000

200,000
do
25,000 Apr. 10,1931
50,000 Apr. 11,1931
100,000 Apr. 16,1931
125,000
do

Dec. 10,1864
Jan. 24,1908
Oct. 18,1919

200,000
25,000
100,000

904, 500
58, 250
39,000

100,000
do
40, 000 Apr. 17,1931
do
100,000

Mar. 18,1873
May 10,1900

60,000
25,000

124,500

60,000 Apr. 18,1931
100,000
do

Apr. 18,1905

25,000

361,000

300,000 Apr. 21,1931

July 18,1865
May 17,1901
Sept. 28,1892
June 24,1916
June 11,1904
Feb. 21,1895
Mar. 29,1907
July 21,1915
Feb. 14,1908
Feb. 25,1908
July 16,1885
Dec. 10,1901
Sept. 28,1910
Apr. 22,1901
Aug. 17,1904
Apr. 23,1919

180,000
25,000
50,000
25, 000
25, 000
50, 000
125,000
25, 000
100,000
100,000
108,000
40, 000
25,000
50,000
25, 000
25, 000

737,041
48,500
5, 750
3,000
156,500
370,667
44,500
281,600
340, 500
034,560
100, 700
27,000
147,000
61,450
9,000

100,000
25,000
50, 000
25,000
25,000
50,000
300, 000
25, 000
120,000
125, 000
150,000
40,000
25,000
50,000
90, 000
25, 000

50, 000
25, 000
25, 000
30,000
300,000

72,500
25, 009
4,500
51,900
118, 500

50,000
50,000
25, 000
30, (X)0
500, 000

10674 Dec. 24,1914

First Nation"al"Ba^7Ma^"on"N"."Y_"^III!! 12494
Woodlynn National Bank, "VVoodlynn, N. J- 12894
First-Rempel National Bank, Logan, Ohio. _ 7649
Second National Bank, Altoona, Pa
2781
Monongahela National Bank, Brownsville,
Pa
648
First National Bank, Richwood, Ohio
9199
11487
Citizens National Bank, Monessen, Pa
Noble County National Bank, Caldwell,
Ohio....
2102
5441
First National Bank, Masontown, Pa
Central National Bank & Trust Co., St.
Petersburg, Fla
7796
Merchants National Bank, Point Pleasant,
1504
W. Va
5849
First National Bank, Waldron, Ark
4802
First National Bank, Langdon, N. Dak
First National Bank, Brandt, S. Dak
10893
7310
First National Bank, Millsboro, Pa
4992
First National Bank, Tracy, Minn
8701.
Old National City Bank, Lima, Ohio
First National Bank, Winnfield, La
10761
National Bank of Kinston, Kinston, N. C.. 9044
9085
First National Bank, Kinston, N. C
First National Bank & Trust Co., Paris, Ill- 3376
6063
First National Bank, Pomeroy, Iowa
First National Bank, Terra Bella, Calif. - -. 9889
5803
Commercial National Bank, Essex, Iowa
7405
Farmers National Bank, Hickory, Pa. .
11349
Savona National Bank, Savona, N. Y
Montgomery County National Bank,
Cherry vale, Kans
_. 4749
9298
Security National Bank, Milford, Iowa
Peoples National Bank, Shakopee, Minn ... 11685
6321
First National Bank, Dawson, Minn..
Overbiook National Bank, Philadelphia, Pa 12573




do

137,250

12634
13019
7367
8269
3447
10217
10450
9746
11507
10337
6467

May
Nov.
Apr.
June
July

21,1892
27.1908
12', 1920
6,1902
1,1924

Apr. 22,1931

do
Apr.
Apr.
Apr.
Apr.

23,1931
27,1931
28,1931
29,1931
do
Apr. 30,1931
M a y 1,1931
do
M a v 4,1931
M a v 5,1931

do

do
May 6,1931
.-.do
Mav
Mav
May
May
May

7,1931
11,1931
13, 1931
14,1931
15,1931

D
C
D
D
AC
C
AC
AC
c
AC
C
D
AB
AC
C
o
C
AC
D
D
C
C
D
AC
1)
C
C
C
AC
D
AC
AC
D
C
O
AC
AC
AC
AC
AC
AC
A
C
AC

708, 566

55,000
25,000

749,845

25, 000
18, 750
30,000
50,000

958,0S7
177,137
163,448
203, 502
395, 788
2,116,813
179,615

25, 000
25,000
25,000
50,000
50,000

263,330
245, 354
760,937
2,158,821

100,000
40,000

4,454,324
357.035

S

O

o

1
100,000

1,63.1,948

o

2, 602, 558
18,750

187,347

25, 000

SO, 421
88, 582
572,641
2,149,630

150, 000
25,000
25,000
40,000
25,000
50,000
25,000
10,000
50,000
25,000
30,000
150, 000

707,369
623, 322
601, 607
146,212
115,828
167,634
537,618
185,124
159,623
176, 814
156, 926
212,096
2, 528,547

o
r\
W
SJ
H

d

1

TABLE N O . 42.—National banks in charge of receivers during year ended October 81, 1931, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, causes of failure, dividends paid while solvent, circulation outstanding at date of failure,
OO
lawful money deposited with Treasurer of the United States to redeem circulation, and total deposits at date of failure—Continued
[A= • Incompetent management. B = Dishonesty. 0 = Local financial depression from unforeseen agricultural or industrial disaster. D = Receiver appointed to levy and collect stock
assessment covering deficiency in value of assets sold, or to complete unfinished liquidation.

Organization
Name and location of bank

1581
1582

First National Bank, Crary, N. Dak..
Albany Park National Bank & Trust Co.,
Chicago, 111

1583
1584
1585
1586
1587
1588
1589
1590
1591
1592
1593
1594
1595
1596

Farmers National Bank, Pomeroy, Wash
Citizens National Bank, Odessa, Tex
First National Bank, Holton, Kans _
_
City National Bank, Grand Prairie, Tex
Jron National Bank, Ironwood, Mich
First National Bank, Smithfield, Pa
_..
McCartney National Bank, Green Bay, Wis.
National Bank of Lynwood, Lynwood, CalifFirst National Bank, Prattville, Ala
First National Bank, Fowler, Ind
First National Bank, Irvona, Pa
Citizens National Bank, Warren, P a . . .
First National Bank, Smithfield, Ohio
Washington Park National Bank, Chicago,

1597
1598
1599

Inland-Irving National Bank, Chicago, 111...
First National Bank, Mountain Lake, Minn.
Commercial National Bank, Hattiesburg,
Miss
Farmers National Bank, Cross Plains, Tex...
Manufacturers National Bank & Trust Co.,
Rockford, 111
Mahaffey National Bank, MahaiTev, Pa..-. .
First National Bank, St. Clair Shores. Mich
Security National Bank, Rockford, 111
Peoples National Bank, Delmont, Pa
First National Bank, Downers Grove, 111
First National Bank, C hillicothe, Mo
Planters National Bank, Saluda, S. C
Waukegan National Bank, Waukegan, 111...

1600
1601
1602
1603
1604
1605
1606
1607
1608
1609




Charter
No.

Date

6407

Aug. 20,1902

Capital

$25,000

Total dividends paid
during existence as a
national
banking
association
$52,500

11737
11416
8169
3061
12714
11469
6642
4783
13135
9055
5430
11115
2226
501

Apr.
July
Mar.
Sept.
Apr.
Sept.
Jan.
June
Oct.
Feb.
May
Oct.
Feb.
June

13,1920
19,1919
29,1906
27,1883
16,1925
2,1919
14,1903
30,1892
10,1927
24,1908
23,1900
12,1917
8,1875
24,1864

200,000
50,000
25,000
50,000
40, 000
100.000
25,000
50,000
50,000
50,000
25,000
25,000
50,000
63,000

105,000
5,000
130,700
324,700
7,200
96,000
101,250
1,036, 584

3916
10179
9267

June 21,1888
Apr. ] 8,1912
Oct. 16,1908

50,000
100,000
25,000

1,098,942
313, 250
35, 750

12478
8583

Dec. 26,1923
Jan. 24,1907

100,000
25,000

19,000
50, 750

3952
7610
12601
11731
9990
9725
368fi
10802
10355

Nov.
Dec.
Feb.
May
Mar.
Jan.
Jan.
Nov.
Mar.

125,000
35.000
50,000
200,000
25,000
35,000
50,000
30,000
100,000

842,470
111,000
16,500
70,000
27, 750
148,075
323, 500
64, 900
213, 500

20,1888
27,1904
16,1925
3,1920
24,1911
31,1910
22,1887
11,1915
7,1913

91, 750
151, 850
27,000
431,667
447, 575

E = Temporary suspension]

Failures

Capital

$25, 000

Receiver
appointed

Apparent
cause
of
failure

May 18,1931

C

Lawful
money
deposited

Circulation
outstanding
a t date of
failure

Total
deposits at
date of
failure

$25,000

$66,109

C
C
C
AC
D
A
C
A
AC
AB
AC
C
A
D

200,000
20,000
35,000

1,700,609
132, 744
424,875
403,898

100,000
50,000
250,000
12,500
15,000
6,500
100,000

502, 305
448, 347
2, 089, 423
197, 992
315, 870
296,451
248, 004
933, 649

600,000 June 9,1931
525, 000 -- . do
25,000 June 12,1931

C
C
C

500,000
300,000
25,000

7, 521, 346
4,169, 504
253,119

100,000 . . do
25,000 June 13,1931

AC
AC

100,000
6,300

759,379
119,835

A

200,000
50,000
30,000
200,000
10,000
35,000
100,000

4,237, 957
574, 788
676,110
1, 908, 707
313, 986
928, 952
790,465
421,164
2,870,921

300,000
50,000
50,000
50,000
40,000
100,000
75,000
500,000
50,000
50,000
75,000
25,000
125,000
100,000

500,000
50,000
50,000
200,000
25,000
100,000
100,000
100,000
250, 000

May 19,1931
do
do
M a y 23,1931
M a y 26,1931
do
May 27,1931
M a y 29,1931
do
Juno 1,1931
June 2,1931
do
June 4,1931
June 5,1931

June 16,1931
do
June 17,1931
J u n e 18,1931
do
June 19,1931
June 22,1931
do
do.

c

AC
AC
AC
AC

c
C
AC

250,000

1
O
O

Bottineau National Bank, Bottineau, N.
Dak..
Kingwood National Bank, Kingwood, W. Va.
Merchants National Bank, Willow City, N.
Dak
Citizens National Bank, Jenkintown, Pa
First National Bank, Watseka, 111
Peoples National Bank of Winston, WinstonSalem, N. C
First National Bank, Morrisonville, 111
First National Bank, Elliott, Iowa
First National Bank, Genoa, N. Y _
First National Bank, Bagley, Iowa
First National Bank, Blissfield, Mich
First National Bank, Dearborn, Mich
_.
First National Bank, Royal Oak, Mich
First National Bank, Beggs, Okla
First National Bank, Federalsburg, Md
First National Bank, Mechanicville, N. Y.._
Boston National Bank, South Boston, Va_—
Second National Bank, New Hampton, IowaFirst National Bank, Scobey, Mont._
Will County National Bank, Joliet, 111
First National Bank, Stronghurst, 111.
Floyd County National Bank, Floydada,
Tex
Walthill National Bank, Walthill, Nebr
Third National Bank, New London, Ohio...
Greenville National Bank, Greenville, Mich.
First National Bank, Greensboro, Ala
Stcclo County National Bank, Finley, N.
Dak
First National Bank, Terrell, Tex
First National Bank, Boaverdalc, Pa
First National Bank, Ripley, N. Y
Oconto National Bank, Oconto, Wis
"Union City National Bank, Union City, N. J.
National Bank of North Hudson at Union
City, N. J
First National Bank, Boyne City, Mich
First National Bank, Ryder, N. Dak
First National Bank, Plaza, N. Dak.
First National Bank, Van Hook, N. Dak..
First National Bank, Parshall, N. Dak
First National Bank, Mary ville, Mo
Manufacturers National Bank, Mechanievillc, N.Y
Columbus National Bank, Columbus, OhioFirst National Bank, Polo, 111
First National Bank, Blythe, Calif
First National Bank in Mount Vernun, S.
Dak




..
.

June 23,1931
do

C
C

7,000

267,165
201,808

98,000
1,500
439, 764

25,000 June 27,1931
150, 000
do
50,000 June 29,1931

C
AC
A

25,000
100,000
50,000

70,204
384,791
288,539

100,000
25,000
25,000
25,000
25,000
60,000
150,000
100,000
25,000
25,000
50,000
50, 000
50,000
25,000
100,000
25,000

296,500
65, 855
90, 750
23, 000
62,500
43,200
9,000

A
C
AC
AC
A
C

40,500
12, 750
170, 500
159, 500
246, 250
20,150
793, 000
40, 600

150,000
50, 000
50, 000
25, 000
25, 000
60,000
150, 000
150,000
25,000
25,000
50,000
200, 000
100,000
30, 000
200, 000
75,000

906,141
219, 705
144,998
189,455
128,868
189,455
604, 692
743, 053
134,420
229, 832
1,299,051
727, 245
684, 980
178,931
2,662,2(57

31,000
19,500
52, 000
28,000
263,000

50,000
do
25,000 July 20,1931
50,000
.do.
50,000 July 21,1931
100,000
do

AC
C
C
AC
AC
AC
C
V
D
AC
AC
O
A
A

150,000
25,000
20,000
25,000
20,000
60,000
50,000
50,000
25,000
25, 000
50,000
200,000
100, (XX)
30,000
200, 000

25,000
50,000
50,000
50,000

279,317
72,312
422, 998
237,026
168,085

25,000
200, 000
50, 000
25, 000
(50, 000
300, 000

July 27,1931
do
July 28. 1931
July 30,1931
Aug. 3, 193L |
Aug. 6,1931

C
I)
AC
C
AC
C

50, 000
25,000
60,000

503, 293
522, 701
612,430
934,493

do
Aug. 7, 1931
Aug. 8,1931
do
do.
.do
Aug. 10,1931

A
C
C
AC1
C
AC

140.000
50, 000
25,000
20,000
25,000
10,000
100,000

8,128,016
463,883
87,152
129,328
178,946
119,666
497, 746

do
Aug. 11,1931
Aug. 12,1931
do
..

A
D
AC
C

100,000

2,840,897

7879 Aug. 4,1905
6332 July 3,1902

25,000
25,000

44,250
39,250

7332 May 3,1904
12530 Apr. 18,1924
1721 Aug. 27,1870

25,000
150,000
50,000

4292
6745
6857
9921
6995
11813
12989
12657
6868
10210
3171
8414
7607
10838
1882
5813

24,1890
18,1903
15,1903
4,1911
5,1903
3,1920
17,1926
26,1925
22,1903
24,1912
6,1884
10,1906
3,1905
25,1916
4,1871
27,1901

12692 Apr. 18,1925
9816 June 25,1910
10101 Sept. 29,1911
11843 Sept. 11,1920

Mar.
Mar.
June
Jan.
Oct.
Aug.
Aug.
Feb.
June
May
Mar.
Oct.
Jan.
Mar.
Aug.
Apr.

25,000
25,000

15,1901

50, 000
25,000
50, 000
50. 000
25,000

13190 Mar. 3.1928
3816 Oct. 26,1887
11317 Mar. 1,1919
6386 Aug. 9,1902
3541 July 15,1886
12749 May 22,1925

25,000
50,000
50. 000
25, 000
50, 000
i 00, 000

792, 500
39, 000
79, (K)()
197, 700

9867
9020
9214
9089
10966
11226
3268

19,1910
15.1908
22, 1908
11,1910
15,1917
25,1918
28,1884

100,000
50, 000
25, 000
25, 000
25, 000
25, 000
100,000

500, 700
37, 500
46, 250
42, 500
7,500
2, 500
582,074

600,000

5037 Feb. 1,1896
12350 Apr. 2,1923
13497 Oct. 11,1930
10944 Jan. 17,1917

60, 000
500,000
50,000
25, 000

273,600
17,750

100,000
500.000
f>0, 000
50, 000

25,000

2, 500

25,000

Jan.

13282

Sept.
Jan.
Apr.
Fob.
Mar.
July
Aug.

Feb.

8,1929

r»o. ooo
25, 000
25, 000
25,000
25,000
100,000

do
_
do
July 2,1931
do
July 3,1931
do
do.
do
July 9,1931
do
do
July 10, 1931
July 14,1931
do
July 15,1931
July 17,1931

do

-

c

C

$50, 000

112,465

434,178
574,788
124,704

TABLE NO. 42.—National banks in charge of receivers during year ended October 31, 1931, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, causes of failure, dividends paid while solvent, circulation outstanding at date of failure,
lawful money deposited with Treasurer of the United States to redeem circulation, and total deposits at date of failure—Continued
[A - Incompetent management. B = Dishonesty, C = Local financial depression from unforeseen agricultural or industrial disaster. D =*Receiver appointed to levy and collect stock
assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. E = Temporary suspension]
Organization
Name and location of bank

Charter
No.

654 First National Bank, Colony, Kans
11531
655 National Bank of Monticello, Monticello,
12952
Ind
656 First National Bank, Lehigh, Iowa
5868
657 First National Bank, Fairchild, Wis.___
7264
658 United States National Bank, Los Angeles,
Calif..
7632
659 First National Bank, Bancroft, Idaho
11183
660 First National Bank, Wauseon, Ohio
7091
661 Farmers National Bank, Bridgewater, S.
Dak
7426
66? Peoples National Bank, Latrobe, Pa
5744
f>63 First National Bank, Sweet Springs, Mo
11372
664 Queensboro National Bank of the City of
New York, New York, N . Y
12398
665 Fanners National Bank, Fairfax, S. Dak
13302
666 Prineville National Bank, Prineville, Oreg _ _ 12655
667 First National Bank, Lyons, Ga.._
7979
9879
668 First National Bank, Vidalia, Ga
669 First National Bank, Westbrook, Minn
6412
2532
670 First National Bank, E l Paso, Tex
671 First National Bank, Coin, Iowa
7309
7833
672 First National Bank, Randolph, Iowa
13171
673 First NationalBank at Smithfield, Ohio
674 National Bank of Defiance, Defiance, O h i o . . . 13457
11590
675 Security National Bank, Mobridge, S. Dak
676 First National Bank in Alexandria, S. D a k . . . 12611
12813
677 First National Bank, Eudora, Ark
7292
678 First National Bank, Mora, Minn
679 Plainview National Bank, Plainview, Tex.... 9802
Limon National Bank, Limon, Colo
11619
680
10889
681 First National Bank, Merrill, Iowa




Date

Capital

Total dividends paid
(luring existence as a
national
banking
association

Failures

Capital

Receiver
appointed

Apparentcause
of
failure

Nov. 7,1919

$25,000

$12,000

$25,000

Aug. 14,1931

AC

June 14,1926
June 15,1901
May 9,1904

40,000
25,000
25,000

37,350
34,500

40,000
25,000
25,000

Aug. 15,1931
Aug. 17,1931
Aug. 18,1931

D

Feb. 11,1905
Apr. 15,1918
Oct. 22, 1903

200,000
25,000
25,000

740,000
10,500
104, 750

1,000,000
25,000
50,000

do
Aug. 20,1931
Aug. 22,1931

Sept. 28,1904
Jan. 14,1901
May 31,1919

25,000
100,000
50,000

56,000
211,000

25,000
200,000
50,000

Aug. 24,1931
do
do

June
Mar.
Feb.
Aug.
June
July
May
June
June
Jan.
Apr.
Dec.
Oct.
Aug.
May
June
Feb.
Aug.

200,000
25,000
50,000
25,000
35,000
25,000
50,000
25,000
25,000
50,000
150,000
50,000
50, 000
40,000
25,000
100,000
30,000
40,000

62,000

200,000
25,000
50,000
25,000
35,000
30,000
1,000, 000
50,000
45,000
50,000
150,000
50,000
50,000
40,000
25,000
125,000
30,000
40,000

Aug. 26, 1931
do
Sept. 1,1931
Sept. 3,1931
do .
Sept. 4,1931
do
Sept. 8,1931
do
Sept. 10,1931
.--- do
Sept. 11,1931
do.
Sept. 12,1931
Sept. 14,1931
Sept. 16,1931
do
Sept, 18,1931

11,1923
9,1929
27,1925
30,1905
21,1910
15,1902
25,1881
3,1904
27,1905
17,1928
16,1930
5,1919
18,1924
15,1925
18,1904
15,1910
10,1920
3,1916

38,500
63,000
64,250
2, 614, 000
80,259
91, 750
15,000
4,000
10,400
84,750
92, 240

61,666

c
c

C
AC
AC
AC
\
C
C
C

c
c

AC
C

c
C
C
c

A
AC
C
AC
AC
AC
AC

Lawful
money
deposited

Circulation
outstanding
at date of
failure

Total
deposits at
date of
failure

$25,000

$83,226

20,000
10,000

245,796
130,412

50,000

57,603
551,688

6,500
100,000

247,707
2,477,973

25,000
25,000
35,000
25,000
700,000
10,000
25,000
50,000
150,000
25,000
20,000
25,000

1,982,752
120,105
81,607
106,533
236,354
316,254
7,623,905
274,677
1,164, 512
389,434
333,809
1,671,814
57,972

Rockaway Beach National Bank, New York,
N.Y__ ...
Labor National Bank of Montana at Throe
Forks, Mont
1684 Bank of Pittsburgh, National Association,
Pittsburgh, Pa
1685 Peoples National Bank, Salem, N. Y
1686 Farmers National Bank, Trafalgar, Ind
1687 Inkster National Bank, Inkster, Mich
1688 Rogers Park National Bank, Chicago, 111
1689 First National Bank, Lynchburg, Ohio
1690 Commercial National Bank & Trust Co., St.
Joseph, Mich
1691 First National Bank, Hankinson, N. Dak. __
1692 First National Bank, Midland City, Ala....
1693 Alderson National Bank, Alderson, W. Va..
1694 Highland National Bank, Pittsburgh, Pa....
1695 First National Bank, Viborg, S. Dak
1696 Ogden National Bank, Chicago, 111
1697 First National Bank, Fort Mill, S. C
1698 Farmers National Bank, New Bedford, 111
1699 First National Bank, Bode, Iowa
1700 First National Bank, Sisseton, S. Dak. _
1701 i First National Bank, Hagerstown, Md
1702 First National Bank, Reed City, Mich
1703 ; First National Bank, Richwood, W. Va- !
1704 Peoples National Bank, Pulaski, N. Y
1705 ; First National Bank, Unionville, N. Y.. _.
1706 ! First National Bank, Fleischmanns, N. Y. _.
1707 i First National Bank, Orbisonia, Pa
1708 i First National Bank, Kewanee, 111
1709 ! Security National Bank, Bowie, Tex
1710 'San Angelo National Bank, San Angelo,
Tex
1711 ,National City Bank, Ottawa, 111
1712 First National Bank, Elba, Ala
1713 Ashland National Bank, Ashland, Ky
1714 First National Bank, Smithville, Tex
1715 Calumet National Bank, Chicago, 111
1716 First National Bank, Newton, Iowa
1717 First National Bank, Colville, Wash
1718 Peoples National Bank, Point Marion, P a 1719 National Exchange Bank, Weston, W. Va_._
1720 Planters & Merchants First National Bank,
South Boston, Va
._
1721 First National Bank, Carterville, 111
I
1722 National Bank of Fayette County, Uniontown, Pa
1723 First National Bank, Carey, Ohio
1724 Moshannon National Bank, Philipsburg,
Pa
_

1G82

12252 June 21,1922

200,000

40,000

200,000

Mar. 28,1923

25,000

3,750

25,000

5225 Oct. 3,1899
3245 June 21,1884
7491 Sept. 27,1904
12878 Dec. 16,1925
10305 Dec. 16,1912
11772 June 11,1920

1,200,000
50,000
25,000
25,000
50,000
50,000

11,520,000
]43,4.r)0
40,000

3,000, 000
40, 000
25, 000
25,000
100.000
50,000

Sept. 15,1900
Mar. 14,1902
Nov. 27,1906
July 19,1909
July 16,1923
Dec. 6,1915
Nov. 24,1923
Feb. 21,1911
Oct. 6,1917
Mar. 29,1913
May 22,1900
May 2,1865
Aug. 26,1890
Oct. 17,1906
Sept. 6,1915
July 26,1919
Apr. 30,1907
Jan. 2,1908
Nov. 23,1870
Jan. 28,1925

50,000
30,000
25,000
25,000
200,000
40,000
200, 000
25,000
25,000
25,000
25,000
69, 070
50,000
25,000
50,000
30,000
25,000
25,000
75,000
100,000

Sept. 19,1931

1683




12361

5594
6218
8458
9523
12414
10808
12480
9941
11088
10371
5428
1431
4413
8434
10788
11448
8847
8985
1785
12731

do

C

c
c
c

136,077

Sept. 21,1931
Kept. 23, 1931
.do
doKept. 24,1931
Sept. 28,1931

AC
AC
AC
AC

210,500
88,800
89, 537
40, 750
123,000
35, 500
67,000
53,800
13,250
12, 750
1 f>0,900
959,000
308, 732
87,100
33, 500
11,700
5,000
65,250
633,625
71,000

200.000 . . . . d o
30.000
do.
35,000
do.
25,000 _.--do
do
200,000
40,000 Oct. 1,1931
200,000
do
40,000 . ...do
25,000
25,000
do
75,000
do
150,000 Oct. 5,1931
do
100,000
40,000 . . . d o
do.
50,000
30,000 . . . . d o
25,000 . . . . d o
50,000 . . - . d o
125, 000 Oct. 6,1931
do
50,000

AC
C
AC
A
C
C
vYC
A
AC
AC
C
AC
A
C
AC
C
C
C
C
AC

150,000
30, 000
35,000
12,500
200. 000

300,000
do200,000 I
do
100,000
.do..
800,000 Oct. 7,1931
50,000 . . . . d o
400,000
do
100,000 Oct. 8,1931
60,000
do
50,000
do..
150,000 Oct. 9,1931

AC
C
C
C
A
C
C
A
C
C

25,000

25,000
100,000
65,000
60,000
50,000
60,000

161, 500
1,000

35,000
6, 250

40,000

6,250
55,000
150,000
50,000
9,960
30,000
25,000

1.1884
26,1865
20,1903
22,1872
11,1903
20,1883
30,1882
3,1906
18,1909
23,1865

55, 000
100, 000
50,000
300,000
' 25,000
50,000
50,000
25,000
50,000
100,000

903,100
910,500
196, 250
1, 788,100
105,250
593, 500
262,491
83,700
36,000
722,500

8643

Mar. 15,1907
Aug. 10,1905

100,000
50,000

237,750
83,000

125,000
50,000

Oct. 10,1931
do

C
C

100,000
50,000

681 Dec. 19,1864
8119 Jan. 23,1902

65,000
50,000

1,663,900
64,000

500,000
25,000

Oct. 12,1931
do

C
A

200,000
25,000

50,000

417,000

150,000

do

2, 733, 625
476, 530
292, 267
47fi, 397
87,412

o

~2~ 317," 170
""417," 821
506,679
477,839

o

Oct.
June
July
June
Nov.
Dec.
Jan.
Feb.
June
Oct.

3,1897

3

75,000

3260
1465
6897
2010
7041
3102
2644
8104
9503
1607

May

84,135
247,338

50,000
30,000

150,000

1,025,009
"~~238,~999

373,559

g

"287," 441

2

TABLE NO. 42.—National banks in charge of receivers during year ended October 81, 1931, dates of organization and appointment of receivers, to
capital at date of organization and at date of failure, causes of failure, dividends paid while solvent, circulation outstanding at date of failure, Of
t>
lawful money deposited with Treasurer of the United States to redeem circulation, and total deposits at date of failure—Continued
[A = Incompetent management. B = dishonesty. 0 = Local financial depression from unforeseen agricultural or industrial disaster. D = Receiver appointed to levy and collect stock
assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. E=Temporary suspension]
Organization

1725
1726
1727
1728
1729
1730
1731
1732
1733
1734
1735
1736
1737
1738
1739
1740
1741
1742
1743
1744
1745
1746
1747
1748
1749
1750

National Mohawk Valley Bank, Mohawk.
N. Y
.
Farmers National Bank, Leechburg, Pa
Main Line National Bank, Wayne, Pa
First National Bank, Hastings, Nebr
First National Bank, Belington, W. Va
First National Bank, Fairview, W. Va
First National Bank, Deer Trail, Colo
First National Bank, Fort Stockton, Tex_ .
First National Bank, Chase City, Va... . . .
First National Bank, Pollock, S. Dak
Citizens National Bank, Vandergrift, P a . . .
First National Bank, Auburn, Nebr..
Farmers & Merchants National Bank,
Webster, 8. Dak
Houston National Bank, Dothan, Ala
First National Bank, Stewartville, Minn...
National Bank of Sidney, Sidney, Iowa
Gary National Bank, Gary, W. Va
First National Bank, Anawalt, W. Va
First National Bank, Bishop, Tex
First National Bank, Mathis, Tex
First National Bank, Fennimore, Wis
First National Bank, Yuina, Colo
First National Bank, Brunswick, Mo
_
First National Bank, Isanti, Minn..
First National Bank in Versailles, Mo
West Side Atlas National Bank, Chicago,

First National Bank & Trust Co., Merchantville, N . J~ -1752 First National Bank, Elizabethton, Tenn.._
1753 Westmont National Bank, Westmont, N. J.

1130
9290
12604
2528
6619
10219
11574
9848
9291
11237
7816

Apr. 3,1865
Sept. 14,1908
Jan. 22,1924
May 23,1881
Feb. 4,1903
June 8,1912
Dec. 27,1919
Aug. 12,1910
June 23,1908
Aug. 27,1918
May 22,1905
May 12,1885

8559
7932
5330
5145
13505
10392
12612
11838
9522
10093
4083
10554
13367

Oct.
Sept.
Apr.
Sept.
Dec.
May
Dec.
Aug.
May
Sept.
July
June
Aug.

Failures

Capital

Receiver
appointed

Apparent
cause
of
failure

Lawful
money
deposited

Circulation
Total
outstanding deposits at
at date of
date of
failure
failure

$150,000
50,000
50,000
60,000
30,000
30,000
25,000
25,000
50,000
25,000
50,000
50,000

$555,750
72,000
3,125
1,447,240
57,600
28,500
3,750
11,000
179,000
4,250
167,500
276,000

$100,000 Oct. 12,1931
do
50,000
50,000
do.
200,000 Oct. 13,1931
do
40,000
do
30,000
do
25,000
50,000
do.
do
100,000
do
25,000
do
125,000
50,000 ....do

C
AC
A
AC
C
C
C
A
AC
C
C
C

$100,000
50,000

25,000
50,000
25,000
60,000
100,000
25,000
25,000
25,000
26,000
25,000
50,000
25,000
30,000

44,000
272,000
130,500
181,100

AC
C
C

50,000
127,000
25,000
60,000
50,000
25,000

11009 May 5,1917

200,000

168,000

50,000 Oct. 15,1931
do
150,000
do
50,000
.do.
_.
60,000
100,000
do
50,000
do
26,000
do
25, 000
.do
50,000 Oct. 16,1931
40,000
do
50,000
25,000
do
30,000
do
200,000 ;
do

June 21,1906
9558 Aug. 31,1909
12519 M a r . 11,1924

25,000
2o,000
25,000

139, 500
114, 750
3,750

100,000 Oct. 19,1931
do
75,000
do
25, 000

27,1906
22,1905
11,1900
8,1898
3,1930
2,1913
10,1924
20,1920
17,1909
2,1911
8,1889
1,1914
5,1929

1751




Total dividends paid
during existence as a
national
banking
association

91,000
9,000
3,750
64,000
79,800
88, 250
25, 750

c
c
c

150,000
40,000
30,000
26,000
50,000
27,500
50,000

c
AC
C
AC
AC

239,796
501,020

117,908

AC
AC
c
AC
C

$116,184

50,000
25,000
12,500
25,000
30,000
200,000
20,000
50, 000

200,

036

1754
1755
1756
1757
1758
1759
1760
1761
1762
1763
.1764
1765
1766
1767
1768
1769
1770
1771
.1772
1773
1774
1775
1776
1777
1778
1779
1780
1781
17S2
1783
1784
1785
1786

First National Bank, Roxboro, N . C
- 11211
6951
First National Bank, Erie, 111
Belvidere National B a n k , Belvidere, N . J_ _ _ 1096
Lyon C o u n t y National B a n k , Rock Rapids,
7089
Iowa
10559
First National Bank, Cowen, W . Va
6999
First National B a n k , T e r r a Alta, W . Va..__
4966
First National Bank, L a k e City, Iowa
11138
First National Bank, T u r k e y , Tex
First National Bank, Baldwin P a r k , Calif__ 10685
6764
First National Bank, Doon, Iowa
8211
First National Bank, Blockton, Iowa
8670
C ity National Bank, llerrin, 111
Citizens National Bank, Prosperity, 8. C.._. 12774
349
First National Bank, Newark, N . Y
112(52
First National Bank, L a k e Village, Ark
11320
First National Bank, Dexter, M o
1057
Exchange National Bank, Pittsburgh, Pa...
4121
Citizens National Bank, Kokomo, l n d
Commercial National Bank, Eufaula, A l a . . . 5024
7423
First National Bank, Graceville, Fla
12933
Wilcox National Bank, Wilcox, P a
2093
City National Bank, Paducah, K y
127
First National Bank, Cardington, Ohio...
9833
Peoples National Bank, Blairstown, N . J
100 L6
First National Bank, N o r t h Rose, N . Y . ..
13449
National Bank of Albion, Albion, 111
Monongahela National Bank, Pittsburgh, P a . 3874
Traders National Bank, Buckhannon, "W. Va. 4760
747
First National Bank, N e w Windsor, M d
Citizens National B a n k , Philippi, W . Va.._. 6377
3925
First National B a n k of Buchanan, Mich
7626
First National Bank, Newburg, W . Va. 1896
First National Bank, Sycamore, 111
Total




July 10,1918
July 28,1903
Apr. 10,1865
Dec.
May
Aug.
June
Jan.
Dec.
Apr.
May
Apr.
May
Mar.
Nov.
Mar.
Apr.
Feb.
Sept.
Sept.
May
Jan.
Oct.
July
Apr.
Apr.
Apr.
Apr.
Dec.
June
Sept.
Jan.
Sept.

15,1903
19,1914
4,1.903
21,1894
16,1918
30,1914
15,1903
3,1906
24,1907
29,1925
2,1864
4,1918
7,1919
8,1865
22,1889
3,1895
26,1904
24,1926
14,1873
15,1863
2,1910
7,1911
4,1930
9,1888
14,1892
24,1864
26,1902
10,1888
23,1925
15,1871

50,000
25,000
200, 000

76,100
180, 500
1, 459,000

150, 000
40, 000
100, 000

224,000
75,000
25,000
25,000
59,250
50, 000
147,875
25,000
19, 955
25,000
44,800
25,000
102,250
25, 000
86, 261
50,000
75, 500
50, 000
12,000
50,000
594, 000
50,000
57, 500
50,000
40,000
1,000,000
6,643, 250
100,000
897,825
70,000
422,800
25,000
73,625.00
25,000
200,000 1,299,382.00
432, 400.00
50, 000
50,000
40,500.00
25,000
45,000. 00
50,000
2,000.00
250,000 4, 250,000. 00
50,000
188, 500. 00
55,000
305,235. 00
40,000
136,350.00
50,000
201,000.00
25,000
42,000. 00
50.000
628, 909. 00

75,000
25,000
25,000
50, 000
25,000
35,000
50, 000
25, 000
50, 000
50, 000
150,000
50, 000
50,000
750, 000
350, 000
150,000
35,000
25,000
300.000
60,000
50,000
50, 000
50, 000
1,000, 000
50,000
77,000
50,000
50,000
25,000
175, 000

47,951,070 162,957,965.58 81,606,500

_do_.
_do_.
do

_.

Oct. 20,1931
do
do
Oct. 22,1931
do.
_do_.
..do..
.do..
do
do
Oct. 23,1931
do
do
do
do..
Oct. 27,1931
do
.do.
Oct. 28,1931
Oct. 29,1931
do__
do.
......do
do
....do
.do
Oct. 30,1931
do
do
Oct. 31,1931

AC
C
AC
O
C
C
AC
C
AC
AC
O
C
C
AC
C
C
C
C
C

40,000
75,000
25,000
50,000
50,000
6,250
50,000
167,497
150,000
50,000
50,000
750,000

a
r
c

100,000
35,000. 00
20,000. 00
300,000. 00
60, 000. 00

AC
A
C
C
AC
AC
AC
C
C
AC

400,000. 00
50,000. 00
55,000. 00
40,000. 00
50, 000. 00
25,000. 00
175, 000. 00

no, ooo. oo

25, 000. 00

$12,932,667 39, 535, 598. 50 462,338,010

3
3
o

I

254

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended October 31,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various

Name and location of banks

469
513
549
554
593
598
606
611
612
620
643
656
667
670
672

Date of
organization

Capita]
stock at
date of
failure

Date receiver
appointed

Farmers & Drovers National Bank, Waynesburg, Pa- Jan. 30,1865
$200,000 Dec. 12,1906
Dee. 3,1883
First National Bank, Billings, Mont
150,000 July 2,1910
Apr. 7,1902
First National Bank, Sutton, W. Va
50,000 Aug. 29,1914
Jan. 2,1864
First National Bank, Uniontown, Pa
100,000 Jan. 19,1915
Nov. 18,1919
First National Bank, Eureka, S. Dak
50,000 Aug. 20,1920
July 5,1894
First National Bank, Hearne, Tex
50,000 Jan. 21,1921
Jan. 26,1906
First National Bank, Ranger, Tex
200,000 Mar. 2,1921
May 28,1917
Corn Belt National Bank, Scotland, S. Dak
25,000 Mar. 28,1921
July 30,1909
First National Bank, Ainbia, Ind._
25,000 Apr. 5,1921
July 15,1902
Bannock National Bank, Pocatello, Idaho.
100,000 June 11,1921
Stillwater Valley National Bank, Absarokee, Mont—. Aug. 11,1917
25,000 Jan. 30,1922
Apr. 5,1920
American National Bank, Billings, Mont
150,000 Sept. 23,1922
May 3,1907
Citizens National Bank, Laurel, Mont
35,000 Jan. 4,1923
Apr. 17,1922
Commercial National Bank, Wilmington, N. C
200,000 Jan. 31,1923
Sept. 25,1902
First National Bank, Wessington Springs, S. Dak
50,000 Feb. 5,1923
Feb. 22,1907
First National Bank, Gregory, S. Dak
50,000 Apr. 12,1923
Dec. 11,1905
First National Bank, Joseph, Oreg__
25,000 June 14,1923
Mar. 10,1908
691 Peoples National Bank, Salisbury, N. C
100,000 July 3,1923
Aug. 19,1901
696 First National Bank, Sapulpa, Okla
_
100,000 July 30,1923
Dec. 12,1891
708 First National Bank, Wells, Minn
100,000 Oct. 22,1923
710 Cavalier County National Bank, Langdon, N. Dak.. Jan. 28,1908
25,000 Oct. 29,1923
May 28,1907
715 First National Bank, Grey Eagle, Minn
25,000 Nov. 8,1923
Mar. 24,1903
719 Union National Bank, Beloit, Kans
50,000 Nov. 13,1923
May 14,1919
724 First National Bank, Lancaster, Minn
25,000 Nov. 19,1923
June 8,1907
727 First National Bank, Turtle Lake, N. Dak
25,000 Nov. 21,1923
738 First National Bank, Forsyth, Mont
June 10,1904
75,000 Dec. 18,1923
743 Merchants National Bank, Mandan, N. Dak
Aug. 24,1914
50,000 Dec. 26,1923
744 First National Bank, Webster, S. Dak
Nov. 19,1902
__
25,000 Jan. 2,1924
746 Sioux Falls National Bank, Sioux Falls, S. Dak
Nov. 14,1882
150,000 Jan. 24,1924
752 Dakota National Bank, Dickinson, N. Dak
Mar. 4,1905
50,000 Feb. 7,1924
756 First National Bank, Brookings, S. Dak
Nov. 15,1883
100,000 Feb. 9,1924
762 First National Bank, Onida, 8. Dak
Jan. 17,1920
25,000 Feb. 12,1924
763 Commercial National Bank,
Aug. 15,1895
250,000 Feb. 15,1924
770 First National Bank, Sidney,Miles City, Mont
Dec. 23,1907
Mont
50,000 Feb. 26,1924
771 Stockmens National Bank, Fort Benton, Mont
Dec. 24,1889
do
200.000
773 Wells National Bank, Wells, Minn..
Apr. 6,1903
do
_.
_
_..
75,000
774 First National Bank, Gering, Nebr
Dec. 28,1905
do
25,000
776 First National Bank, Coalgate, Okla
Dec. 8,1900
Feb. 27,1924
100,000
781 First National Bank, Huron, S. Dak
May 19,1882
_
65,000 Mar. 14,1924
785 Torrington National Bank, Torrington, Wyo
Feb. 3,1919
35,000 Mar. 19,1924
789 Merchants National Bank, Crookston, Minn
Oct. 25,1884
75,000 Mar. 24,1924
799 First National Bank of Fergus County, Lewistown, May 9,1904
300,000 Apr. 12,1924
Mont.
30,000 Apr. 30,1924
807 Citizens National Bank, Hankinson, N. Dak
_ Jan. 18,1906
100,000 May 14,1924
810 First National Bank, Carlsbad, N. Mex...
-._ May 19,1900
Apr. 30,1913
200,000 May 22,1924
813 Drovers National Bank, East St. Louis, 111.
Sept. 4,1882
814 First National Bank, Schuyler, Nebr
50,000 May 24,1924
June 3,1907
816 City National Bank, Huron, S. Dak.i
50.000 June 10,1924
Feb. 1,1906
824 National Bank of Commerce, Rochester, N. Y
1,500,000 June 21,1924
Dec. 29,1870
830 First National Bank, Cheyenne, Wyo
200,000 July 9,1924
July 10,1908
835 First National Bank, Harrington, Wash
50,000 Aug. 6,1924
Mar. 23,1864
839 First National Bank, Putnam, Conn
150,000 Aug. 13,1924
Feb., 3,1905
846 First National Bank, Ozark, Ala
35,000 Oct. 23,1924
May 16,1906
850 First National Bank, Alma, Wis
25,000 Nov. 7,1924
851 Merchants National Bank, Grinnell, Iowa
100,000 Nov. 12,1924
_. Apr. 28,1883
May 22,1884
855 First National Bank, Algona, Iowa
50.000 Nov. 24,1924
Aug. 30,1917
856 First National Bank, Boise City, Okla
25; 000 Nov. 25,1924
Feb. 4,1903
860 Farmers National Bank, Dodge Center, Minn
30,000 Dec. 9,1924
Feb. 27,1880
862 Parkesburg National Bank, Parkesburg, Pa
50,000 Dec. 26,1924
July 12,1918
867 Stockmens National Bank, Columbus, Mont
50,000 Jan. 7,1925
June 9,1883
868 First National Bank, Alexandria, Minn
60,000 Jan. 8,1925
Jan. 31,1911
869 First National Bank, Townsend, Mont
.do
50,000
May 6,1905
877 First National Bank, Excelsior Springs, Mo
25,000 Jan. 24,1925
Oct. 11,1905
878 Logan County National Bank, Sterling, Colo
150.000 Jan. 26,1925
Apr. 6,1893
882 Farmers National Bank, Heinpstead, Tex
50,000 Feb. 7,1926
May 4,1904
886 F irst National Bank, Quincy, Fla
100,000 Feb. 11,1925
Feb. 13,1890
887 National Bank of Commerce, Pierre, S. Dak
do
100,000
June 15,1914
892 First National Bank, Atwater, Minn
25,000 Feb. 14,1925
1 Receiver appointed to lovy and collect stock assessment covering deficiency in value of assets sold, or to

complete unfinished liquidation.



REPORT OF THE COMPTROLLER OF THE CURRENCY

255

1981, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 31, 1981
Book value of assets at date of
failure

Progress of liquidation to
date of this report

Additional
Total
Total
assets
assessment assets and
Cash colreceived
upon
since
stock
Cash col- lections
shareEstimated Estimated Estimated date of
assessment lections
from
failure
noiaers
doubtful worthless
good
from
stock
assets
assessment

$814, 783 $2,013,406
505,016
1,087, 304
80,899
310,050
1,080, 785 2,388,710
192,169
750,777
84,309
273,349
741,218 1,864,464
217,255
198,069
91,391
38,298
678,103
735,340
101, 355
139,877
165,067
270,200
63,740
102,694
926,972 1, 226, 912
106,852
223,691
45,299
257,777
108,961
114,303
478,878
255,458
219,280
566,071
166,679
652,820
404,632
171,990
13,849
57,799
321,654
169,837
89,131
156,379
95,358
41, 582
242,350
299,147
45,048
175, 697
125,681
113,962
1,748, 843
746, 250
17,446
153, 683
337,212
428,037
69,633
79,432
806, 234
946, 948
470, 454
32,690
252,126
798, 011
393, 700
901,924
50,628
253, 229
463,871
345, 544
938, 783
851,487
48, 570
40, 080
752,44.4
557,258
1,473, 857 2, 307, 203

$130,499 $2,070,319
552,201
674,403
27,210
63,101
47,999 l,*048,865
32,303
167,936
144,913
83,426
264,810
88, 544
50,999
66,319
18,935
68,602
307,421 1,01.7,489
26,867
14,313
113,129
309, 219
205, 526
24,311
222,186
548,872
101,162
382,175
63, 798
14, 711
138,678
28,050
575,563
51,076
235,987
137,432
297, 201
120,377
54,696
74,263
60, 287
43,069
233, 227
224,056
77,025
40,465
84,886
38,076
140,196
61,890
211,368
92,839
74,918
58,487
458, 547
303, 264
91,909
83, 794
381,524
133, 555
54,917
22, 501
677,140
208, 899
290,148
80, 891
453,156
95, 206
15,871
59,974
113, 727
39,479
161, 521
74, 579
324, 845
265, 511
50,498
50, 207
344, 707
185,801
833, 221
333, 093

$200,000 $5,229,007 $1,606,154
150,000 2, 968, 924 2,016, 048
50,000
531, 200
439,815
4, 566, 359 3, 752, 753
50,000 1,193,185
822, 273
50,000
635,997
354,294
200,000 3,159,03G 1, 542, 343
25,000
557,642
291,739
25,000
242,226
111,672
100,000 2, 838, 353 1,030,412
25,000
307,412
175,064
150, 000 1,007,015
281,058
35,000
431,271
153,827
200,000 3,124,942
667,694
50,000
803,880
376,982
50,000
431,585
127,615
25,000
414,992
200,068
100,000 1,460,975
670,141
100,000 1, 258, 770
348,428
100,000 1, 337,077
567,316
25,000
730, 581
299,788
25,000
200,004
48,008
50,000
998, 774
393,942
25,000
388,000
184,673
25,000
284,902
100, 228
75,000
818, 583
334,807
50,000
574,952
270, 045
25,000
398, 048
100,129
150,000 3,406,904 1,693,509
50,000
39G, 832
139, 063
100,000 1,380,328
490.930
25, 000
251, 483
127,615
250, 000 2, 889, 221 1,464,160
50,000
930,183
543, 614
200,000 1, 798, 499
843, 403
75,000 1,440,409
796, 775
25,000
482, 003
160, 251
100, 000 1.145, 515
503, 012
65,000 2,445, 020 1,075,919
35, 000
230, 901
91, 557
75,000 1, 915, 210 1,144,942
300,000 5, 247, 374 2,460, 730

$149,320
9,414
25,180
28, 750
36,046
17,866
15,888
19, 266
40,510
3,625
58, 775
3,900
107,932
4,803
445
11,192
68,422
42, 548
30,863
5,619
7,800
29, 579
0,703
5,089
32, 391
9,440
9,041
52,188
21, 503
100,000
13,149
129, 239
24,475
115, 635
25, 533
8,540
11,179
22,894
10, 924
17,975
172,180

$546,326
222,865
12,908
330, 370
96,311
20,192
277, 594
54, 217
38,132
94, 441
9,034
17, 202
11, 244
832, 962
45, 446
20,300
8,741
111,954
238,671
74, 782
19, 388
1,841
91, 392
25,406
9,109
42,093
41,111
18,308
386,817
10, 534
44,199
3,471
131,008
23,295
49, 388
87,221
55, 037
07, 802
84, 693
10, 809
172, 689
509,470
3,308
38, 400
32, 929
43, 301

01, 532
229, L43
365, 514
183, 098

107, 787
091, 804
351,033
331, 204

97,130
71,372
164,452
104,900

18,139
200, 288
37,300
102, 553

30,000
100,000
200,000
50,000

314, 588
1, 352, 007
1,118, 299
831, 815

147,840
559, 884
551,461
301, 393

7,323
79,471
100,706
23,466

67, 500
2, 797, 972
242,774
1,883, 750
209, 287
100, 759
728, 525
510, 551
89,453
09,229
234, 591
39, 730
226,188
26, 919
132, 279
282,949
121, 388
187,303
597,405
105,342

1,337, 085
2, 820, 497
120, 621
180,081
93, 641
75,474
280, 488
212, 738
120,273
417,620
66,923
75, 311
330,013
52, 930
99, 534
351,688
126, 909
259,814
223,923
173,594

2,271 292
585, 842
29,402
182, 201
69,001
113,448
450, 521
80, 493
23,857
370,429
75, 618
81,382
493,467
105, 961
19, 411
284,520
21,142
134,405
351,952
255,420

1, 229, 020
1,114, 024
27, 515
381, 411
51, 974
21,206
235, 098
120, 361
28,346
49, 366
90,802
20, 785
59, 852
26,127
07,175
225,619
61,582
58,458
125,887
33,292

200,000
50,000
150, 000
35, 000
25,000
100,000
50,000
25,000
30,000
50,000
50,000
60,000
50,000
25,000
150,000
50.000
100,000
100,000
25,000

4, 904,897 2,432, 272
7, 518, 336 3,912,180
470, 312
255, 451
2, 783, 443 1, 926, 894
458, 903
1.54, 596
335, 887
140,444
1, 801, 232
620, 646
980,143
473, 250
280, 929
168,524
930, 050
308, 947
517,434
341,178
267, 208
76, 742
1,109, 520
578, 536
201, 937
76,345
343, 399
200. 758
1,294,776
527, 699
381,081
179.156
739, 980
339, 653
1,399,167
755,423
592, 648
209, 282

81, 799
40, 210
147, 284
916
18, 579
79, 324
30, 525
8,484
13,466
39, 751
29, 854
45, 778
20,850
5. 053
116, 066
30,068
67, 757
43,211
9,348




Offsets
allowed
and
settled

469
513
549
554
593
598
606
611
612
620
643
656
667
670
672
680
689
691
696
708
710
715
719
724
727
738
743
744
746
752
756
762
703
770
771
773
774
776
781
785
789
799

807
810
813
814
816
824
608,984 830
12, 701 835
187, 057 839
15, 674 816
21,948 850
76, 884 851
29,030 855
42,461 856
36,454 860
50,480 862
3,335 867
47, 059 868
41,828 869
28, 247 877
91,044 878
26, 483 882
37, 201 886
60, 2i5O 887
17, 900 892

256

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended October 81,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections^ and various
Progress of l i q u i d a t i o n to d a t e of this report

T o t a l collections
from all
sources,
including
offsets
allowed

Secured and
Book
preferred
Losses on
Book value Book value value of Dividends Dividends liabilities
assets comassets
paid except
of remain- of remainpounded
paid on
paid on
through
ing uncol- ing uncol- returned
or sold
unsecured dividends,
lected stock to share- secured
lected
under
claims
claims
holders'
assets
order of
including
agents
court
offsets
allowed

$2,301,800
2,248,927
477,903
4,083,123
947,334
410, 532
1,837,803
361,844
169,070
612
1,171,363
620
187, 723
643
357, 035
656
168,971
667
1,608, 588
670
427, 231
672
148,360
680
220,001
689
850,517
629, 647
672, 961
708
324, 795
710
57,649
715
719
514,913
724
216,842
727
174,486
738
409, 291
743
321,196
744
193,478
746
2,132, 514
752
171,160
756
635,129
762
144, 235
763
1, 724,413
770
591, 384
771
1,008,426
773
909,529
774
223, 828
776
582, 653
781
1,183, 506
785
125, 350
789
1. 335, 606
7<?9
3,148, 386

$2, 756,181
579,411

$120,346

16,811
354,899
224,601
211,511
1,139,099
186,686
67,422
999,623
98,314

11,726
128,337

158,531
677,755
685, 096
428, 220

133,380
294,615
327,934

2,432, 272
4, 602; 963
314, 362
2,261,235
17], 186
180, 971
782, 854
532, 805
219, 469
358, 867
431,409
109, 931
671, 373
139,023
234, 058
734, 809
241,707
444,671
858, 894
236, 530

1, 238,890
2, 797,171
148,775
517,456
128,920
53,108
601,941
427,863
50, 944
561, 249
51,239
1,951
483, 925
79,430
86,152
526,033
117, 786
2<>3,066
416, 386
340,

469
M3
549
654
593
598
606

en

807
810
813
814
816
824
830
835
839
846
850
851
855
856
860
862
867
868
869
877
878
882

Disposition of proceeds of liquidation

1,421,513
391,452
233,670

89, 690
578,880
560,600
594,979
386,405
J 25,155
463,440
152,861
90,430
350,376
177,204
184,657
363,297
47,984
741,016
95, 397
380, 754
129, 592
705, 708
278,155
241, 775
470, 099
416,817
87, 535
487,457
666, 676




607, 877
523, 996
111,941
2,773
91,493

"n,"o7i"

75
16,307
35,992
3,954
813, 281
149, 251
4,183

663, 293
183, 682
209, 318
3, 942
803,197
35,122 i
1, 304,492 j
14, 938
39,294
49,127

$50,680
140,586
24, 820
21,250
13,954
182,134
9,112
5,734
59,490
21,375
91,225
31,100
92,068
45,197
49,555
13,808
31,578
57,452
69,137
19,381
17,200
20,421
18,297
19,911
42,609
40,560
15,959
97,812
28,437
11,851
120, 761
25, 525
84, 365
49,467
16,460
88, 821
42,106
18,076
57,025
127,820

$1,286,325
1,545,964
350,145
1,665,722
20,299
442,858
15,000
51,826
270,956
24,021
74,752
47,400
54,826
140,141
1,572
12,428
10,740
98,172

97,948
280,790
374, 755
223, 822

37,855
1,942
16,979
7,120
22, 508
5,333
747
8,176
10,038
3,901
16,940
9,005
3,524

1,994
37, 762
2,284
28, 878
8, 755
26,528
54,515
9, 610

22,677
20, 529
99,294
26. 534

1,238,735
3, 385
2,036
124, 713
95, 387
395, 761

24, 537
135,180
14, 334
3,242
7, 656
~67~098

118,201
3,790
2, 716
34,084
6,421
20, 676
19,475
16, 516
16, 534
10, 249
20,146
14, 222
29,150
19,947
33, 934
13,932
32, 243
56, 789
15, 652

384,120
49,950
4,321
12,947
451,663
110,024
249,250
26,937
18,435
249,078
55,452
00,152
92,433
141,478
77,732
953, 571
79,028
99,904
43.171
855,110
100, 394
415. 671
401, 520
44,369
35,273
197, 826
47,800
989,405
1,437,336

$754,094
247.4C0
34, 228
1,030, 259
229, 236
295, 592
1,462,449
167, 823
88,643
865,795
145, 552
107,131
129, 330
1,041,275
330,419
117, 209
167,884
316, 620
401, 353
314,474
247,977
18,042
186, 722
124, 670
65,891
222, 664
86,957
65, 538
944,188
39,956
394, 556
81,951
673, 002
389,134
524, 527
333, 662
134, 376
463, 579
705,919
50. 248
185, 380
1, 509, 318
34, 507
329, 730
231,196
112,055

$11,863
225

32, 300
7,980
7,200
43, 057
9,448
16, 322
20, 218

60
18, 557

2,302,102
2,407,159 1, 894, 297
110, 772
167, 548
1, 501, 228
508, 335
5,913
134, 941
58,124
73, 740
158, 514
444, 066
326, 390
164,938
40, 551
141, 288
72, 842
234, 032
274,821
117,376
21, 455
43, 463
462, 624
148, 093
51, 601
63, 794
157, 772
35, 496
410,123
279,165
132, 083
54,794
213, 834
171,149
357, 762
334,481
174, 584
23,454

257

REPORT OF THE COMPTROLLER OF THE CURRENCY

1931, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 31, 1931—Con.

Disposition of proceeds of liquidation—Con.
I
Cash advanced in

Receivers'

$80, 660
226,410
2,812
413, 286
102, 729
14,146
1, 599
24,238
966
1,331
1,287
34,354
5,060

Amount of
claims
Cash in Amount
proved
hands of returned
comptrol- to shareholders'
ler and
agents
receivers
in cash

$133,756
217, 230
87,387
217,110
121,557
33,968
102,799
71,010
29,104
86, 725
26,884
89,758
24,994
129,134
46, 521
19, 872
20.859
61,421
83, 585
60, 597
43, 545

341
5,016
216
1,005
26,132
1,003
934
3,459
3,027
6,229
45
11,889
2,107
16,155
723
14, 045
302
57, 096
292
2,180
30, 434
2, 925
15,390
3, 509
12,627
23, 259

19.491
66, 958
23, 655
31, 605
34,910
63, 529
28, 543
201, 921
34, 607
58,165
15,130
120,139
40.492
63,764
74,253
36, 328
44, 457
93,849
23,793
92, 070
133, 340

475
10,999
6,710

26,070
49, 044
59,578
42,761

48
4, 269
1,351
2,363
358
927
19, 077
5, 978
104
119'
29
15,916
2,779
243
498
5,060
4,697
42,930
9,819

98. 510
192,741
23, 694
100, 049
13,397
35,237
60, 546
35, 499
21,264
35,671
20, 161
24, 684
44,740
16,172
33,313
44,963
26, 397
36, 434
96, 830
28, 673




$46,965 ;
.
;
:

3,106
156,746 $600,000
30,655

520
6,708 .
42,299 .
8,338 .
16,034 16,679 L
16,846 '
_
19,6:5s .
16, 472
23, 310

Dividends
(per cent)

$1, 570, 643
75
1,849,299
83.6
350,153
100
1,395,845
100
801,184
55
115,777
44. 75
1, 230,484
20.66
289, 270
27.99
94,800
50
1,002,980
15 5
120,176
11.65
511,506
20
285, 161
1,655,689
25
556, 855
8.97
255, 626
2.45
129,096
10
800,690
57. 3
548, 831
20
733,827
33. 959
437, 300
7.38
92,180
20
611,635
40.62
170,357
32. 55
133,215 ! 45
398,737 j 25
45
310,173
35
223, 276
50
1,903, 523
45
174,953
978,439 ! 15
11.2,992 j 38. 1.
1,500,208 j 57
323,951 j 36

56, 124
35,523 !

893,776 I
273, 592 I
682,887
1, 526,861
51,957
1, 355,343
2,850,135

96.46
45
16.76
9
16
92
73
49

17,716 ,
.
8,568 :
.
42,872 !.
.

205,781
468,003
468, 468
497, 579

47.6
60
80
45

40,782
9,891
116,007

31,612
104,497
10,997
116,960
8, 597
5,743
57. 594
6,814
18,932
82
4, 677
7,234
23, 373
26,891

' OO» j
,

4,465,581
170,520
1, 865, 373
277, 202
275, 754
1,211,889
654, 743
90,107
724, 607
343,511
139, 063
832, 791
73,718
258, 429
457, 472
176,040
296,176
744,897
485, 868

56
65
80
5
30
16
49.85
45
11.96

Interest Date finally
diviclosed or
dends
restored to
solvency
(per cent)

!

i Feb. 25,1931
16.12 1

! Dec. 31,1930
| M a r . 31,1931
! Dec. 31,1930
Apr. 30,1931

A p r . 30,1931
J a n . 31,1931
S e p t . 12,1931
S e p t . 30, 1931
N o v . 15,1930
J u n e 8,1931
M a r . 31,1931

Aug.

Dec.

31,1930

Apr.

30,1931

N'ov. 1,1930

31, 1931

Nov~."7,~l930~

a
o
30
55. 53
70
60
89. 65
75
72.2
48
3">. f.S

31,1931

i Feb. 24,1931

Jan.

July

513
549

_.. 554
593
598
60G
611
612
620
643
656
667
670
672
680
689
691
696
708
710
715
719
724
727
738
743
744
746
752
756
762
763
770
771
773
774
776
781
785
789
799
807
810
813
814
816
824
830
835
839
846
850
851
855
856
860
862
867
868

31,1931
_i 877
M a y 31,1931 i 878
: 882
M a y 23,1931 886
i 887
S e p t . 24,1931 i 8D2

258

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended October 31,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections^ and various

Name and location of banks

899
905
909
012
9i5
916
918
919
920
922
923
924
927
928
930
935
939
941
943
944
945
940
947
948
950
951
954
955
957
958
959
9iK)
961
963
966
968
971
975
976
977
960
982
984
985
989
990
991
993
995
996
998
999
1003
1004
1007
1008
1010
1011
1012
1014
1015
1017
1018
1019
1021
1023
1024

First National Bank, Matoaka, W. Va
Commercial National Bank, Greenville, Tex . . :
Georgia National Bank, Athens, Ga
First National Bank, Hedrick, I o w a l
..
First National B a n k , Conyers, G a
. ....
H u g o National Bank, Hugo, Okla.
Burgettstown National Bank, Burgettstown, Pa
First National B a n k , Selma, N . C
First National B a n k , Madison, S. D a k
First National B a n k , Florence, S. C._
First National B a n k , Clear Lake, S. D a k . . _
First National Bank, Crandon, Wis
Merchants National Bank of Detroit, Detroit Lakes,
Minn.
First National Bank, St. Cloud, M i n n
First National B a n k , Abercrombie, N . D a k
First National B a n k , Lake Park, M i n n
Globe National B a n k , Denver, Colo
First National B a n k , Warren, M i n n
First National B a n k , Ilalloek, M i n n
First National B a n k , Buffalo, M i n n
Manilla National Bank, Manilla, Iowa
.
Loveland National Bank, Loveland, Colo
W i n n e r National Bank, Winner, 8. D a k
—
Muskogoe Security National B a n k , Muskogee, Okla . _
First National Bank, Forest City, Iowa
D a v e n p o r t N ational Bank, Davenport, Wash
First National Bank, Howard, S. Dak._
Gregory National Bank, Gregory, S. D a k
First National B a n k , Sac City, Iowa
First National Bank, Brooklyn, Iowa
Warren National Bank, Warren, M i n n
First National Bank, Covington, Ga
First National Bank, Delano, M i n n
.
Farmers & Merchants National Bank, Cannon Falls,
Minn
Drovers National Bank, Denver, Colo
. .
Home National Bank, Clcburue, Tex
Security National Bank, Mason City, Iowa
Broadway N ational Bank, Denver, ('olo
First National Bank, T a m a , Iowa
First National Bank, Waukon, Iowa
Cando National Bank, Cando, N . Dak
First National B a n k , Ada, M i n n
Farmers National Bank, L a Moure, N . Dak
First National B a n k , Estherville, I owa._
|
First N ational Ba nk in Kiefcr, Ok l a . . .
|
First National B a n k , Marion, N . Dak
Spirit Lake National Bank, Spirit Lake Iowa
First National B a n k , Blue M o u n d , 111
.
First National B a n k , Frankfort, S. D a k
Moline National Bank, Moline, Kans
First National B a n k , Shenandoah, Iowa
First N a t i o n a l B a n k , Cambridge, Iowa
First National Bank, Noblesville, I n d
First National B a n k , Jonesboro, Ark
First National B a n k , Barnsdall, Okla
P a l m Beach National Bank, P a l m Beach, Fla
D e Smet National Bank, D e Smet, S. D a k
First National B a n k , M ilford, Iowa
First National B a n k , D i n u b a , Calif.1
AVhitbeck National B a n k , Chamberlain, S. Dak
First National B a n k , C umberland, Iowa
First National B a n k , Royalton, M i n n
First N a t i o n a l B a n k , P e p i n Wis
First N a t i o n a l B a n k , Woonsocket, S. D a k
First N a t i o n a l B a n k , Eldorado, 111
First National B a n k , Colrnan, S. D a k
.
First National Bank, W a u b a y , S. Dak

Date of
organization

Capital
stock at
date of
failure

Date receiver
appointed

Nov.
Nov.
Oct.
Aug.
Sept.
Apr.
Jan.
May
Mar.
Mar.
June
Mar..
Feb.

7,1918
24.1904
14.1902
11,1900
3, 1918
11.1905
25, 1879
7, 1915
29,1884
23,1910
28,1902
16.1900
9,1906

$50,000
150,000
400, 000
25,000
75,000
200,000
100,000
30,000
50,000
150.000
25.000 1
50.000!
60,000;

Sept.
Aug.
Feb.
Feb.
May
Aug.
June
Nov.
Feb.
Sept.
Nov.
Feb.
Dec.
Nov.
Mar.
Oct.
Dec.
Dec.
Oct.
Nov.

25,1882
25.1906
10,1904
5, 1920
18.1901
5, 1903
7,1917
12.1901
14.1906
20.1921
8,1922
20, 1893
22.1904
29.1902
23.1909
6,1890
22,1884
28.1918
28.1907
23.1910

250, OOo! June
25, OOO! Juue
25.000 Aug.
200.000 Oct.
50,000 Oct.
60,000 Oct.
50,000 Oct.
25, 000 Oct.
100,000 Oct.
60,000 Oct.
200, 001) Nov.
75,000 Nov.
100,000 Nov.
50,000 Nov.
50, 000 Nov.
50,000 Dec.
50,000 Dec.
50,000 Dec.
50,001) Dec.
25,000 Dec.

Feb.
Dec.

14.1903
18.1919
17,1915
16, 1913
22.1922
5, 1871
22,1893
16.1904
13,1900
1,1910
23,1892
15, 1922
30, 1908
12.1905
19,1909
26,1914
31.1906
5,1877
25.1907
1, 1893
20.1905
17,1919
6,1924
1,1900
3,1900
12, 1908
14.1908
17,1904
9,1903
7,1915
6,1901
17,1904
20,1903
31,1902

25, 000
200,000
100, 000
100, (MX)
200,000
75, 000
100,000
25.000
50, 000
50,000
100,000
25, 000
25,000
50,000
25,000
25,000
50, 000
50,000
80,000
62,500
100,000
25,000
50,000
50,000
35,000
200,000
50,000
25,000
25,000
25,000
50,000
50,000
25,000
25,000

June
July
Aug.
Aug.
Apr.
July
Apr.
Mar.
Jan.
July
Apr.
Dec.
Aug.
Dec.
Aug.
May
Oct.
Mar.
Dec.
Sept.
Nov.
May
Aug.
May
Nov.
June
Apr.
Apr.
Aug.
Dec.
Feb.
Jan.

M a r . 3,1925
Apr. 6,1925
Apr. 17,1925
Apr. 24,1925
M a y 12,1925
do
M a y 14,1925
M a y 16,1925
M a y 21,1925
M a y 22,1925
M ay 25,1925
M a y 29,1925
June 22,1925
24,1925
30,1925
24,1925
1,1925
10,1925
16,1925
17,1925
20,1925
22,1925
24,1925
7,1925
14,1925
17,1925
24;1925
25,1925
2,1925
4,1925
5,1925
8,1925
12,1925

Dec. 17,1925
Dec. 24,1925
Dec. 28,1925
Dec. 29,1925
Jan. 16,1926
Jan. 18,1926
do
Feb. 6,1926
Feb. 10,1926
Feb. 25,1926
Feb. 27,1926
Mar. 13,1926
Mar. 19,1926
Mar. 23,1926
Mar. 27,1926
Apr. 12,1926
do
M a y 13,1926
M a y 22,1926
June 3,1926
June 4.1926
June 22,1926
July 2,1926
July 6,1926
July 8,1926
July 9,1926
July 14,1926
July 22,1926
do
July 23,1926
do
Aug. 6,1926
Aug. 19,1926
Aug. 20,1926

1
Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold or
to complete unfinished liquidation.



259

REPORT OF THE COMPTROLLER OF THE CURRENCY

1931, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 31, 1931—Con.
Book val ue of assets
failure

Progress of liquidation to
date of this report
Additional
Total
Total
assets
Cash colreceived assessment assets and
since
upon
stock
Cash col- lections
Offsets
sharefrom
Estimated Estimated Estimated date of
allowed
assessment lections
holders
from
stock
failure
doubtful worthless
and
good
assets
assesssettled
ment
$948, 731
1,189,030
3, 935, 977
96, 996
364, 590
1,621, 313
2,176, 776
351, 337
849,187
1, 843, 701
535, 090
611, 848
740,139

$537,183
521,449
2,031,850
18,189
96, 611
615, 524
1,256,991
139,326
370, 955
1,147,169
247, 203
307,176
358, 233

$44,497
86,117
314,109
15, 703
42,491
56, 280
83,471
11, 302
21,943
91,464
8,659
31, 742
45, 871

$199,638
83,101
346,151

965
8, 781
67,003
79,323
21,275
75, 555
36, 867
39, 630
43, 434
50, 23J

$50,000
150,000
400,000
25,000
75,000
200,000
100,000
30,000
50,000
150,000
25,000
50,000
60,000

3,8.54
132,034
64,163
20,365
18, 714
103, 676
9,110
41, 389
27, 551

899
905
909
912
915
916
918
919
920
922
923
924
927

398,048
58,524
71, 312
962, 987
198, 315
93,098
168,962
55, 521
115, 259
36,131
568,726
237,764
171, 526
51,464
17, 215
233, 473
267,819
74, 285
68,220
54, 652
76,179

213, 500
16, 971
46, 389
322, 479
39,167
29,868
62,106
12,094
127,696
20, 931
326,142
60, 515
49, 460
82,444i
70,241!
228,194,
73, 671
48,161
8,003
77,999
16,751

250,000
25,000
25,000
200,000
50,000
60,000
50,000
25,000
100,000
60, 000
200,000
75,000
100, 000
50,000
50,000
50,000
50,000
50,000
50,000
25,000
25,000

3,000, 262 1,188, 207
296, 564
161,854
406, 303
176, 799
5,422,894 2, 996,455
664,473
193, 617
580, 836
228, 049
877, 419
534, 030
226,011
101,964
912, 857
343,147
230, 245
95,886
3,134, 861 1,983,917
870, 345
315, 559
831, 857
407, 051
592,010
273, 841
579, 813
237, 607
950,970
395,986
925,332
512, 427
570, 703
208, 291
330, 619
122, 863
389, 268
203, 670
406, 950
176, 646

164,946
10,043
13, 757
87,966
21,929
42,107
12, 339
12,950
92,610
19,906
141, 018
22,826
94,500
24,378
30,802
30,715
35,600
10,458
42,150
18,172
6,890

122,995
11,004
38, 307
632,891
21,153
17, 825
54, 327
31, 781
39, 326
8,886
311,527
10,978
27,484
25,288
49,987
21,909
28, 455
16, 202
10,499
22,447
21,317

923
930
935
939
941
943
944
945
946
947
948
950
951
954
955
957
958
959
960
961
963

687, 548
83, 757
180, 520
441.108
199, 607
153, 382
72,261
140,919
87,969
63, 229
61, 567
30,239
58,412
65,194
53,549
197, 760
227, 526
143,442
29,244
198, 077
87, 630

53,038
44, 865

200,000 1,778,866
568,061
100,000
408,118
109,070
100,000 1,494,469
957,896
200,000 2, 851,452 1, 008, 347
75,000 1, 245, 529
504, 383
100,000 1,140, 026
483, 814
25,000
554, 836
239, 516
50,000
646,145
276,189
50,000
320,496
105, 519
100,000
996, 265
495, 369
25, 000
230, 309
83, 283
25,000
288, ISO
112, 434
50,000
879,947
391,117
25,000
278, 610
113,486
25,000
341,018
95,984
50,000
553, 767
217,435
50,000 1,557, 649
675,181
80,000
839, 560
276, 647
62, 500
548, 507
321,112
100,000
846, 981
380, 387
25,000
386, 844
177, 546
50,000
624, 400
289, 744
50,000
628, 886
306,504
35,000
716, 880
246,924
200,000
535, 526
141,516
50,000
390, 302
144,531
25,000
292, 261
108,463
25,000
472, 386
205, 577
25 000
318, 997
150, 679
50,000
401, 227
204,644
50,000
597,065
281, 929
25,000
428, 852
209,109
25,000
01, 502
260,604

39,198
37,809
78,902
38, 215
64,290
85,196
4,258
8,419
40, 352
26,016
4, 555
9, 716
26, 363
16,400
9,362
15, 740
50,000
45,400
53,075
53, 529
10,908
47,180
29, 541
12, 743
142, 971
7,000
13,495
11,350
11, 306
23,194
43,078
15, 975
6,500

223, 890
29,032
114, 547
308, 517
40,933
20, 968
22, 748
24, 929
17,784
32,831
48,931
2,664
40, 628
12,796
5,367
5,558
72, 932
27,240
23,163
30,171
54, 349
65, 934
31,168
17,512

966
968
971
975
976
977
980
982
984
985
989
990
991
993
995
996
998
999
1003
1004
1007
1008
1010
1011
1012
1014
1015
1017
1018
1019
1021
1023
1024

$566,624
438,483
1,916,328
1,464
69,206
462,972
975, 738
165,454
237,384
1,360,861
146,042
242,760
151, 253

$5,820
263, 743
743, 757
34,182
155, 373
397, 029
497,425
104, 954
207,006
87,000
165, 713
232,165
273,838

$27
227.107
585, 896
35, 385
56, 230
494, 309
524, 290
29, 654
279, 242;
208, 973
158, 705
43, 489
204,814

$326, 260
109, 697

686,888
106,552
74,204
2,539,757
70,957
108,822
201, 553
50,137
211,496
39, 059
1, 619,895
86,914
276,703
217,976
249,092
178,986
206, 238
75, 744
130, 580
62, 348
83, 583

1,451,826
89, 517
189,398
1,397, 671
306,034
289,048
394, 798
83, 259
358,406
74,124
420,098
410,152
234,168
190,132
193, 265
260,317
327, 604
322, 513
73,816
169, 269
205,437

431, 353
72,446
732, 522
1,828,891
631, 380
266,406
116,956
110, 663
55, 311
368,560
85,739
121, 501
290, 605
69,555
74, 551
128,900
535, 529
259, 692
297,234
229,374
182, 269
213,140
167,239
172,198
397
95,001
56,050
145, 778
135, 932
150,314
248,020
75,290
33, 334

406,927
107, 050
397, 029
293, 071
196,322
545,797
239,772
254, 692
106,003
351, 584
36,229
89,000
409,078
48,942
159, 555
131,441
377,004
252, 737
124,043
277, 776
59, 798
197,071
227, 373
292, 656
2,219
133, 599
84,815
165,489
128,487
137,140
157,132
222, 568
92,297

142, 256
147, 254
197,448
96,008
57, 293
93,123
3,151
34,364
58,009
71,424
84,369




88, 382
143, 220
74,441
100,847
89,871
21,213
112, 892
21,774
22, 440
71,852
69,919
28,363
45, 666
367, 590
103, 689
35,486
41,754
32,147
6(5,090
42,018
69, 772
135,462
15, 694
69,103
42, 996
26,427
29,409
83,904
34,570
25,604

6,453
8,611
11, 701
9,280
13,073
58,308
9,282
3,282

260

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended October SI,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various
Progress of liquidation to date of this report
Total collections
from all
sources,
including
offsets
allowed

Disposition of proceeds of liquidation

Book
Loss on
assets com- Book value Book value value of Dividends
assets
of remain- of remainpounded
paid on
ing uncol- ing uncol- returned
or sold
lected stock to share- secured
ected
under
claims
assessment holders'
order of
agents
court

i Secured and
i preferred

|ssa
claims

j

including

offsets
, allowed

$6,714
$401,916
$108, 621
$5, .503
$52,989
$293,145
15,383
434,972
147,226
287,254
146, 739
«158 21,106,527
85,891
1,157,976
1,375,890
9, 297
53,807
24,235
32, 509
8,471
189,125
60,444
49,217
143, 720
673,755
393,264
95,509
264,041
16,529
414, 336
137,010
1,153, 765
341,286
1,404,625
18, 698
140, 706
90, 564
41,621
20,940
170,993
28,057
409, 518
252, 541
29,974
411,612
58, 536
186,828
186,192 1,073,929
256, 028
1,342,309
16,341
253,777
65,248
"5," 530"
168,081
264,972
18,258
211,493
""i,796
117,221
136, 649
380, 307
14,129
294, 355
81,846
306,270
431, 655
80,181
424, 235
85,054
685,825
248,315 1,190, 685
1,476,208
14,957
134,390
38,522
2,506
60,184
13,617
182, 901
11, 243
162,008
44, 728
166,197
935
112,034
2,227,057 1,224, 497
343,154 1, 250, 394
939
3,717, 312
28,071
6,264
182,163
38,624
217,540
941
236,699
137, 755
17,8(J3
15,477
135, 534
943
287,981
70,651
204,311
89,019
37, 601
433,576
944
600,702
57,885
181,171
108, 205
12,0.50
945
146, 695
52,213
65,706
67,266
946
475,083
7,390
105, 707
8 346,223
430,384
947
124, 678
40,094
59,373
26,897
6
77,368
6,100
948
58,982
18,499 1,209,071 1,063,959
146,515
492,902
2,436,462
950
52,174
164,600
22,135
117,483
349, 363
468,808
951
187, 599
53,787
5,500
257,967
529,035
297,322
954
82,025
4,917
25,622
323, o07
199,625
242,887
955
167,839
8,598
19,198
318,396
51,190
43,643
198, 576
957
120,075
19,285
448,610
271,679
483,075
958
160,114
14,400
576,482
350,688
80
334, 450
959
124,296
39,542
234,951
5,040
25, 590
60,187
960
53,848
175, 512
7,8oO
147,257
96,000
961
47,817
244, 289
6,828
170,024
138,151
963
41, 525
204,853
18,110
126, 295
130, 513
53,474
160,802
786,915
351,037
966
831,149
422,949
62,191
170,016
18,724
968
175,911
63,163
21,098
620, 541
174,474
147,552
971
1,151,345
429,671
161, 785
1,450,794
401,146
333,442
975
1,955,079
347, 584
10, 710
5,792
304,834
""984"
619,421
976
609,606
132,959
337,406
14,804
359,910
197,838
977
589,978
127,051
197,170
20,742
77,695
70,402
980
266, 522
145,202
41,581
187,866
295,027
982
309, 537
42,388
9,648
106,059
73,885
73,308
984
163,655
28,400
73,984
134,383
37,366
117,322
250,743
985
554, 216
313,716
20,445
29,901
21
73,095
989
136, 769
87, 295
15,284
14,121
148,082
16,276
124,814
80,277
990
23,637
111, 944
184,418
458,108
202,046
991
286,258
8,600
127,328
(), 183
142,682
76, 008
41, 718
993
15, 638
3,016
110,713
21,212
41,493
27,783
~193," 455
995
34, 2(50
213
238, 733
280,774
159,826
56,526
996
2,000
798,113
388, 506
702, 681
56,855
180,488
998
13,689
349, 287
34,600
198,988
213,221
74,839
242, 452
999
397, 350
9,425
243, 548
119,981
103, 726
38,006
1003
464, 087
46,471 ,
142,391
23,831
245,111
324,110
12,313
1004
242,803
14,092 |
10,052
87,863
91,374
129,949
1007
402,858
2,820 i
298,424
125
218,722
82,386
1008
367,213
20,459 :
174, 585
7,006
140,184
51,098
190,116
1010
277,179
22,257
187,684
54,770
417,444
1011
284,487
57, 029 !
130,000
135,886
i 94, 010
1012
157, 984
43,000;
6,028
126,381
189,318
8,537
1014
KiO, 569
11,505 •
150,187
70,516
30,061
1015
228,628
13,f>50 i
94,143
69,079
161,354
68,754
1017
171,265
13,694 '
119,685
22,940
114,050
19,988
1018
240,911
26,806 ,
100,583
99,152
87,042
5,366
46,468
1019
383, 315
112,647
6,922 !
159,853
33,971
206,828
1021
234, 366
106,568
9,025 :
7,634
93,557
185,461
1023
71,284
28,409
18,500 .
1,170
21,832
138,206
32, 614
1024
f
* Including dividends paid through or by purchasi ng bank.
?
75 per cent paid assenting creditors and JOO por cent paid nonassenting creditors in accordance with
agreements.

899
905
909
912
915
910
918
919
920
922
923
924
927

$781, 618
690,667
2,692,110
33,892
142,956
803, 838



REPORT OF THE COMPTROLLER OF THE CURRENCY

261

1931, dates of organization, appointment of receivers, and final closing, zvith nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 31, 1931—Con.
Disposition of proceeds of liquidation—Con.

Cash advanced in
protection
of assets

Receivers'
salary,
legal, and
other expenses

Cash in
hands of
comptroller and
receivers

$2,177
21,774
93,050

$40,771
68,005
74,035
8,918
24,526
46,077
61,357
31,861
35,388
53,229
22, 235
60, 680
35,951
83,980
20,562
18,584
197,715
35, 081
38, 673
41, 065
19,812
15,904
20,342
93,201
34,422

Amount
returned
to shareholders'
agents
in cash

$36,895
3,794
42,450
739

298
4,947
2,917
6,825
0, 432
3,878
8,262
7,588
161,887
271
3,543
6,757
6,254
7,319
325
7,006
10,723
2,744
995
32, 450
4,838
16,043
8,163
184
3,272
1,091
386
6, 975
23,8)4
6,183
9,724
32, 995
2,776
. 1,106
!
6,765
13,381
418
21,373
14, 875
4,183
88,182
5,369
329
2,075
13
243
302

6,141
4,606
1.723
2.657

35,945
32, 754
52,018
49, 557
46, 873
25. 480
23;176
27, 253
56, 777
28,063
52, 576
99, 867
50, 745
53,112
24,888
33, 274
21, 589
37,913
19, 552
13, 722
39, 468
18, 773
18,918
17,985
90, 551
35, 718
30, 473
47, 829
35,118
21,923
39,223
34,563
17,589
17,038
18,920
25,630
18,659
26,229
44,279
26,607
13,064

84644°—32



49,576
6,947
22,527
"5l"f" 192"
40,100
11, 555
41,400
12,218
3,024
10,537
8,839
7,249
$fi5

44,726

25,565
24,989

24, 743
50,651
110,360
16,910
15,961
34,903
842
17,457
10,803
~~4,~628'
22, 684
3,019
2,850
18,383
5,972

11, 072
33,635
5,375
7,858
29,908
6,809

18

A m o u n t of
claims
proved

$502,423
670,328
1,090,237
25,000
132, 039
761, 549
1,647,861
180,939
527, 598
413, 861
377,709
332, 936
478, 543
1,842,859
224, 003
300, 459
3, 715, 028
393, 037
338, 836
619, 436
131,384
483, 396
65,116
1, 373, 022
599, 218
406, 200
327,815
244, 629
499,198
599, 900
319,923
155, 682
232, 274
315, 747
871,924
109,493
768, 212
1,958, 327
871,476
719,854
258, 997
417, 550
176,459
335, 960
76,356
202,642
526, 933
100,774
248, 755
251, Otf
601, 681
372,527
256, 282
361,177
215, 233
401,161
317, 371
386, 249
202, 081
215,798
141,834
313,861
230,168
167,743
322, 289
242,484
167,112

Interest Date finally
diviclosed or
dends
restored to
I (per cent) solvency

Dividends
(per cent) .

80
65
MOO
37.26
43.66
70
23
21.4
45
44.5
35
64
26
60
53.92
60
10
40
70
50
3 75
J00
88
23.15
76.75
60.9
20
54.33
58. 46
8
61.67
73.2
40
40.
59.
80
74
35
50
30
45
60
40
39.
15
35
41.
12
22.
30
20
95
40
45
74.
55
14.
64.
6.
50
30
52
60
40
43. 95
37

- - J u n e 27,1931
M a r . 30,1931
-I Oct. 31,1931
. j Apr." 30," 1931
j " Mar." "§,"1931

Jan.

18,815

24,1931

F e b . 21,1931

..! M a r . 31,1931

J Mar. 25,1931
i July 30,1931
j Oct. 31,1931
I Dec. 31,1930

j June 27,1931
. Sept. 30,1931
' May 31,1931
| J une 10,1931

899
905
909
912
915
916
918
919
920
922
923
924
927
928
930
935
939
941
943
944
945
946
947
948
950
951
954
955
957
958
959
960
961

968
971
975
976
977
980
982
984
985
May 31,1931 989
Mar. 11,1931 990
991
Apr. 15,1931 993
995
996
998
999
1003
J004
1007
! May 9,1931 1008
1010
| Oct. 29,1931 1011
1012
fFe"b.~~"6~l93T 1014
1015
1017
1018
1019
1021
3 une 10:1931 1023
1024

262

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended October 81,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collectionsf and various

Date of
organization

Name and location of banks

1025
1026
1027
1028
1029
1030
1031
1033
1036
1037
1038
1039
1042
1046
1049
1050
1051
1054
1055
1058
1QG0
1061
1063
1064
1065
1066
1067
1070
1072
1073
1075
1079
1080
1081
1084
1085
1089
1090
1091
1092
1093
1094
1095
1096
1097
1098
1099
1100
1102
1103
1105
1106
1107
1108
1109
1110

First National B a n k , Akron, Colo
Oakes N a t i o n a l B a n k , Oakes, N . D a k

_

National Farmers Bank, Owatonna, Minn
Anamoose National Bank, Anamoose, N. Dak..
First National Bank, Veblen, S. Dak
Farmers National Bank in Lidgerwood, N. Dak
Farmers & Merchants National Bank, Merced, Calif..
First National Bank, Lake Norden, S. Dak
National Bank of Franklin, Franklin, Tenn
Farmers & Merchants National Bank, Lake City, S. C.
City National Bank, Bismarck, N. Dak..
American National Bank, Atoka, Okla
First National Bank Ha worth, Okla
First National Bank, Kingsburg, Calif
First National Bank, Milbank, S. Dak
First National Bank, Armstrong, Iowa
Citizens National Bank, Spencer, Iowa
First National Bank, Detroit Lakes, Minn
First National Bank, Terril, Iowa
C itizens National Bank, Petty, Tex
Clarinda National Bank, Clarinda, Iowa
First National Bank, Marked Tree, Ark
First National Bank, Leeds, N. Dak
Farmers National Bank, Brookings, S. Dak
First National Bank, Alta, Iowa
First National Bank, Elkton, S. Dak
_„..
Planters National Bank, Honey Grove, Tex
First National Bank, Malvern, Iowa
First National Bank, Haleyville, Ala
National Bank of Oakesdale, Oakesdale, Wash
First National Bank, Plattsmouth, Nebr
Citizens National Bank, Ortonville, Minn
First National Bank, Collinsville, Okl3
Citizens National Bank, Royal, Iowa
First National Bank, Card well. Mo
First National Bank, Nevada, Iowa
First National Bank, Delano, Calif....
National Bank of Jersey ville, Jersey ville, 111
First National Bank, Argyle, Minn
First National Bank, Boyceville, Wis
Citizens National Bank, Commerce, Tex
Citizens National Bank, Lone Oak, Tex
First National Bank, Beardsley, Minn
Farmers National Bank, Red Lake Falls, Minn
First National Bank, Biggsville, 111.1
First National Bank, Edgeley, N. Dak
Farmers National Bank of Lidgerwood, N. Dak.i
First National Bank, Britt, Iowa
First National Bank, Montevideo, Minn
Peoples First National Bank, Olivia, Minn
First National Bank, Clinton, Minn
Citizens National Bank, Albert Lea, Minn
First National Bank, Marengo, Iowa
First National Bank, Allegan, Mich
First National Bank, Rolette, N. Dak
Farmers & Merchants National Bank, Mount Morris,
Pa
First National Bank, Rush City, Minn
Central National Bank, Marietta, Ohio
First National Bank, Belle Plaine, Iowa
First National Bank, Dunbar, Pa
First National Bank, Hartley, Iowa
First National Bank, Lepanto, Ark
Provident National Bank, Waco, Tex.i
First National Bank of Benson, Hollsopple, Pa
First National Bank, Sheldon, Iowa
First National Bank, Columbia City, Ind
First National Bank, Lake Worth, Fla
First National Bank, Lake Mills, Iowa

Feb. 4,1907
Mar. 24,1903
May 29,1893
Mar. 24,1909
Aug. 16,1910
May 11,1925
Jan. 4,1913
Mar. 3,1915
May 25,1871
Dec. 26,1914
Nov. 12.1909
Dec. 26.1907
Mar. 13,1914
Sept. 14,1906
Oct. 16.1902
May 1,1900
Aug. 11.1903
Dec. 21,1885
July 17,1912
Oct. 15,1914
Dec. 26,1883
Dec. 17,1917
June 9,1902
Aug. 29,1902
Jan. 21,1904
July 19.1902
Aug. 14.1889
Feb. 9,1875
Feb. 9,1920
Apr. 25.1908
Dec. 12, 1871
Apr. 18.1903
Mar. 20,1911
Apr. 10, 1913
Jan. 15, 1921
Aug. 3,1881
July 1,1908
Mar. 21,1894
June 18.1901
Dec. 8,1917
June 10,1925
May 18,1925
J une 7,1904
July. 19.1910
Apr. 10,1883
Aug. 29.1905
Apr. 30.1906
Aug. 13,1895
May 25.1903
Feb. 25,1908
Feb. 13.1904
Jan. 22.1902
May 25,1880
May 11,1871
July 24.1905
Sept. 22.1903
Aug. 1,1903
May 29,1899
May 31,1872
Jan. 20,1905
Feb. 22,1893
Mar. 19.1919
Mar. 31.1890
June 23,1905
Feb. 8,1888
Feb. 2,1904
Apr. 19.1920
Feb. 21,1898

Capital
stock at
date of
failure

Date receiver
appointed

$40,000 Aug. 26,1926
25,000 Sept. 4,1926
75,000 Sept. 10,1926
25,000 Sept. 18, 1926
40,000
do
25,000 Sept. 21, 1926
100,000 Sept. 23,1926
35,000 Oct. 5,1926
100,000 Oct. 18,1926
do
100,000:
.do
50,000
25,000 Nov. 1,1926
25,000 Nov. 2,1926
50,000 Nov. 9,1926
50,000 Nov. 15,1926
50,000 Nov. 17,1926
100,000 Nov. 19,1926
50,000 Nov. 23,1926
do.
25,000
37,000 Nov. 24, 1926
Nov. 29,1926
50,000
50,000 Nov. 30, 1926
25,000 Dec. 1,1926
50,000 Dec. 3,1926
.do.
50,000
do
25,000
Dec. 6,1926
100,000
50,000 Dec. 10,1026
25,000 Dec. 17,1926
25,000 Dec. 21,1926
do
50,000
25.000
25,000
35,000
50,000
75,000
100,000
50,000
50,000
25,000
50.0001
25,000
25,-"'
25,
50,
85,000!
50,000|
50,000J
50,0001
25,000
25,001)1
50,000!
65,000;
50,000
25,0001

25,000! Feb. 21,1927
50,000 .. .do.
300,000 Feb. 24,1927
60,000 Mar. 3,1927
50,000 Mar. 7,1927
75,000 Mar. 22,1927
35,000 Mar. 25,1927
300,000 Mar. 26,1927
75,000 Mar. 28,1927
150,000 Mar. 29,1927
100,000 Mar. 31,1927
100,000 Apr. 2,1927
50,000 Apr. 8,1927
1
Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to
complete unfinished liquidation.

1111
1112
1114
1115
1119
1122
1123
1124
1125
1J28
1130
1131



263

REPORT OF THE COMPTROLLER OF THE CURRENCY

1981, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 31, 1931—Con.
Hook value of assets at dale of
failure

Progress of l i q u i d a t i o n to
d a t e of this report-

-Additional; Total
Total
; assets
Cash coli received assessment assets and
upon
stock
I since
share- assessment Cash col- lections
Estimated Estimated Estimated! date of
lections
from
holders
failure
doubtful worthless
good
from
stock
assets
assessment
$212, 648
74, 480
656, 012
13, 025
40,342j
1&), 590
278, 992
84, 671
213, 255
308, 087
285,998
14,154
26, 878
183,497
246, 562
111,092
176,889
222, 007
91, 085
54,100
327, 800J
33,800,
64, 314:
568, 348j
205, 7l2j
133,437i
202, 6631
122, 24li
48, 872|
35, 632j
106, 403!
136,446
208, 926
59, 747
9, 306
101, 762
318,239
160,407
32, 742
83, 976
33,944
40, 953
129,615
56,001

$146,436!
168,189;
885,5531
75,670
107, 964:
185, 902
658,287.
155, 619:
286,596;
309, 704
532, 595:
51,151
80,881
170,050 :
165, 347.
284, 974
201,002;
485, 929,
129,476
77,1401
261,480
143, 751
70, 332,
454, 379
310,104
151,422,
201, 531:
110,206
97, 747i
31, 502
184,204
153, 619
86, 376!
122, 587!
97,536;
153,335;
222,142
165,930!
181,304!
80,980
137,993
04,687
131,605
60,794

$102,731!
27,065
67, 493
12,300
75,036
17,22^
436, 698
44,651
239,088
193,358
244, 802
38, 328
9, 801
96, 139
47,850
35, 346
376, 700
150,333
91, 242
19, 832
198, 543

112, 5951
2, 90 ll
213,518
220,(193
03, 505
07,100
523,039
225,053
426,298
34,184

20J,32L
71,193
590,163
378,5411
248,088 !
138, 357!
438,983
509, 479|
80,065
91, 678

24,877
23, 794
49,880
151, 2011
47,431;
19. 759|
20, 337|
119,445j
248,401!
05, 098

241,390
174,063
1,406,902
337, 743
266,910
123, 087
20,127

110,423
145,369
808,391
444, 734
163,121
221,179
80, 094

39,
122,
347.
243)

73,975
794,076
498, 470
497,533
200,124

123,176
10,492
J88,005
J84,335 !
53, 320;

109,803
346, 669
512, 727
938, C98
173,3.18!

75, 547|
34, 490|
94, 463|
55,057
40,460
52, 921!
108,100J
13, 999j
42,923
103, 238 j
6J, 8011,
05,128;
99,177|
20, 359 i
J 03, 505
121,300
129,855
45, 759
28,023
20, 229
8,879
IS, 148
70,934




318
590
892
069

28, or
118, 202
46, 731

19,211
10, 206
7, 739
30, 543
28, 330
61
53,093
1, 295
50, 412
30, 322
75, 099
48, 582
100,907
J 29, 082
46, 835
7,809

$40,000
25,000
75,000,
25,000,
40,000
25,000
100,000
35,000
100, 000
100,000
50, 000
25,000
25, 000
50,000
50,000
50,000
100,000
50,000
25,000
37,000
50,000
50,000
25,000
50,000
50,000
25,000
100,000
50,000
25,000
25,000
50,000
25, 000
25,000
35,000
50,000
75, 000
100,000
50,000
50,000
25,000
50,000
25, 000
25,000
25,000
50,000
85,000
50,000
50,000
50,000
25,000
25,000
50,000
05,000
50, 000
25,000

$523,660
325,242
1,897,066
202,491
309,637
395,495
1,847,217
343, 755
1,014,049
971,143
1,149, 737
164, 048
150,041
571, 915
601,196
520,050
944,528
942, 618
400.828
195, 019
872,963
370,976
208,824
1,238,917
767, 220
370,011
580,459
441,290
188, 730
148, 548
465,314
417,606
480, 069
338, 904
188,450
592, 209
923,801
tiOl, C08
328, 5.14
237,796
258,432
353,258
340,911
241,065
50, 061
476,886
152, 243
960,009
830, 757
459, 783
298,798
1,139, 326
1,048,659
851,659
223.829

25,038
48,1-ia
178,208
118,159
42, 362
73, 919
9, 398)
1,470!
7, 780
147, 518!
95, 770!
402, 243
99, 773

25,000
50,000
300, 000
60,000
50,000
75, 000
35,000
300,000
75,000
150,000
100; 000
100,000
50,000

442,105
240, 795
277,439
540,1C5
1,871,498
3, 041,393
588,648
1,204,305
275, 405
550, 408
283, 64€
011,987
52, 319
197,350
1,476
301, 476
137,036
380, 740
829,030
1.44S,75f>
773.892
1.394,978
810, 031
2, 122,809;
030, 535 i 2Wt 378

$21,845
30,502
212,408
76,496
46, 295
27, 776

373,240
23,814|
175,110
59,334
36, 342
5,415
7,481.
72,229j
91,437
38,038
89, 937
27, 689
04, 025
6, 947
35,140
07,8l8j
14, 688
71, 727
146, 257
19, 692
23, 344
50, 743
3,112
13, 491
21, 409
40, 740
35, 239
22, 393
5, 249
95, 5-17
102,120
94,870
18, 049

$235,621,
101,294;

902,457i
92,299;
146, 292
246, 944
900,931
170,124
473,801
342,472
600, 736
51, 697
45, 740
273,(
299,086
225, 926
412,425
402, 601
228, 025
66, 581
340, 7011
01, 069
101,895,
829, 576i
368, 640
205,215,
222,845|
191,158:
92, 687
75, 710j
180, 7511
231, 727|
242, 075
202, 049

05, 448
201, 550
489, 881
349, 768
07, 365
.126,026
100, 916
06,181
208, 876
12J, 785
61
222,308
25, 705
404,338
390,819
212,530
150, 590
714,081
5;>5,844
417,617
01,895

$15, 541
11,098
21,176
10,990
23,004
17, 975
48, 542:
25,073 ;
84, 393
75,443.
50,000:
7,416;
4, 093
13,802
13, 486;
4, 684:
54, 469
22, (577.
13, 720
26, 510.
23, 625
9, 071
21,158
39, 881.
40, 550
15, 999
74,085
27, 767
14, 388
9, 254
12,888;
25, 000
;•, 050:
13, 972;
11, 785
41, 335;
09, 563i
25, 561 :
.14,452:
14,067)
27, 325.
1J, 4991
5, 000,
0, 303!
44,501
07,317!
21, 0621
30, 891
20, 390
11,012
7, 454
31,404
43, 082

19, 783
3, (>46
23, 275
20, 931
172, 300
19, 960
25, 896
11,438
15, 789
282, 700
34, 385
41,493
'S3, 251
75, 398
4,41

Offsets
allowed

and
settled

$12,759 1025
15,711 1026
127,312: 1027
3,211: 1028
6,220 1029
20,996 1030
94,674 1031
18, 799 1033
89, 292 1036
82,428 1037
60,419 1038
C, 830 1039
7,889 1042
17, 315 1046
26,440 1049
16,950 1050
56, 395 1051
55,095 1054
15,453 1055
7, 892 1058
60,105 1060
71, 548 10C1
13, 082 1063
88, 626 1064
38,489 1065
8, 279 1066
32, 892 1067
30,077 1070
5,814 1072
3,321 1073
25,138 1075
21,512 1079
21, 738 1080
16,106 1081
9,031
22, 754
39, 326 1089
39,193 1090
7,270 1091
12, 923 1092
12, 572 1093
9, 079 1094
10, 925 1095
8, 109 1096
1097
17,471 1098
2,990 1099
29, 098 1100
40,833 1102
15, 078 1103
9, 760 1105
68, 820 HOG
36, 79~ 1107
24, 355 1108
4,479 1109
20, 044
16,34
109, 580
57, 471
33,0
45, 531
10,41"

1110
1111
1112
1114
111ft
1119
1122
1123
1124
1125
109, 937 1128
71,886 1130
312, 514 1131
20, 878

V

264

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended October 81,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collectionsf and various
Progress of liquidation to date of this report

Disposition of proceeds of liquidation

Secured and
Book
preferred
Loss on
Total collections assets com- Book value Book value value of Dividends Dividends liabilities
assets
of remain- of remainpaid except
pounded
from all
paid on
paid on
ing uncol- ing uncol- returned
through
or sold
sources,
unsecured dividends,
lected stock to share- secured
lected
under
including
claims
claims
assessment holders'
assets
order of
offsets
including
court
allowed
agents
offsets
allowed
1025
1026
1027
1028
1029
1030
1031
1033
1036
1037
1038
1039
1042
1046
1049
1050
1051
1054
1055
1058
1060
1061
1063
1064
1065
1066
1067
1070
1072
1073
1075
1079
1080
1081
1084
1085
1089
1090
1091
1092
1093
1094
1095
1096
1097
1098
1099
1100
1102
1103
1105
1106
1107
1108
1109
1110
1111
1112
1114
1115
1119
1122
1123
1124
1125
1128
1130
1131

$263,921
128,103
1,110,945
106,500
175, 516
285, 915
1,050,147
213,996
647,486
500,343
711,155
65.949
57, 722
305,055
339,012
247, 560
523,289
480, 373
257,198
100, 983
430,431
142, 288
136,135
958,083
447, 679
229, 493
329, 822
249, 002
112, S89
88, 285
224,777
278,239
271,463
, 232,127
86, 264
268, 639
598,770
414, 512
89,087
153,016
146,813
73,759
224,801
136, 257
44, 562
307,096
50,357
524, 327
452.042
239, 220
167, 804
814,905
461,755
70, 020
284,114
314,717
2,153, 384
666,079
334, 380
340, 615
78, 555
284,176
188, 494
980,460
909,029

$235, 280
13,062
296,093
•81,981
115,747

16, seise, 390

119,832
347, 586
146,651
438,582
80, 515
71,412
230,662
43,631
204, 362
119,767
434,922
132,350
83,546
83,644
39,112
17,069
18,066
149,485
131,517
40,626
11,801
14, 903
37,152
29,712
6,888
191,856
85,749
38, 793
269,745
294,594
162,117
203,879
8,706
16,233
28,112
5,775
86,133

7,037
73,548
190,090
167,824
206, 575
9,898
94,477
212,308
63,103
132,455
580
44, 442
760,315
472, 264
33,458
207,810
23,905

$170,175
436,204
1,378
85,688
559,222
3,370
299,592

182,039
22,812
255,941

332, 513
149, 247
51, 778
252, 649
160,606
184,096
158, 254
50,326
7,365
173, 713
132,479
25,178
23,160

65,141
72,711
37,886
90,335
38
145,070
226,483
187,281
103, 550
211,348
178, 710
296, 584
155,686
151,937
25,922
158, 466
75,679

$24,459
13,902
53,824
14,010
16,996
7,025
51,458
9,927
15,607
24,557

1,304

61,533
5,431
11,298
10,843
1,183

17,584
20,907
36,198
36, 514
45,316
45,531
27,323
11,280
10,490
26,375
40,329
3,842
10,119
9,450
9,001
25,915
22,233
10,612
15, 746
37,112
17,350
21,028
38,215
30,665
30,437
24,439
35, 548
10, 933
22,675
13,501
20,000
18,637
5,499
17, 683
28,338
19,109
29,610
13,988
17, 546
18,596
21,318
30, 217
21, 354
1,725
29,069
127, 694
40,040
24,104
63,562
19,211
17,300
40,615
108,507
36,749
24,602
45, 583

$85,015
27,772

335
7,565
1,409
1,231

317

9,191
38,490
4,200
10, 712
19,478
18
10,823 i

"11,497"

.1

84,468
117,829
463, 589
138, 456
269,850
267,908
* 499,605
21,098
23,436
169,384
121,877
47,654
243,993
241,697
213, 892
24,185
216, 295
8,417
86, 267
565,077
110, 490
136, 993
131,182
38, 307
35, 967
116,370
118, 087
58, 111
125, 726
11,091
148,361
374,075
294,072
21,860
111,341
47, 513
31,057
175,376
45, 366

41,500

~22l~620
22,714
10,479
928

7,035
274,000
12,824
1,690

281, 377
211,167
116,6f)9
81, 555
548, 497
480, 078
206,411
35,947
190, 778
201,860
1,845,970
335,650
270,225
135,984
29, 227

$149,137
54,455
306,008
24,827
50,787
105,219
427, 802
38, 639
259,315
169,274
195,249
29, 722
24, 699
114,610
150,759
165,421
214,159
198,453
25, 701
54, 736
166,893
115,471
27,339
289,883
110,934
87,418
110,714
76, 967
44, 775
28,990
68,584
114,183
169,229
88,914
60. 593
73, 951
178,169
72,910
39,607
13,059
74,957
29,009
16, 278
46, 623
27,040
23, 534
188,285
172,937
71,211
60,118
139,867
73,302
147, 529
20, 390
46, 779
51,897
233,927
209, 565
33, 678
140,236
31,895

83,488
36,861
160,631
531,041
367,072
211,461
148,327
573, 504
169,926
64,925
384,275
450,984
602,640
249,336
2,747
650,928
1,197,943
134, 272
108,480
104,918
204, 361
281,673 i
4
60 per cent paid assenting creditors and 100 per cent paid nonassenting creditors in accordance with
agreements.
6
Dividends
 paid through or by purchasing bank.



265

REPORT OF THE COMPTROLLER OF THE CURRENCY

1931 , dales of organization, appointment of receivers, and final closing, with iiominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 31, 1931—Con.
Disposition of proceeds of liquidation—Con.

Cash advanced in
protection
of assets

Keccivers'
salary,
legal, and
other expenses

Amount
returned
to shareholders'
agents
in cash

Cash in
hands of
comptroller and
receivers

i Amount of
claims
proved

Dividends
(per cent)

Interest
dividends
(per cent)

Date finally
closed or
restored to
solvency

|
$146
2,154
29,939
2,068
380
21,681
1,065
349
933
432
15
820
1,060
1, 326
14,095
6,660
72
456
7, 853
81
234
19,353
3, 385
5,026
12,978
9,272
2, 248
287
488
1.673
715
4, ,242
474
68
1, 749
204
4,2.10
52
11,463
6,203
919
fl, 505
283
5, 618
14, 270
13,876
5,148
11,328
3
989
15
1,406
1,336
11,440
1,589
33,640
1,710
7,901

$21,165
33,172
95,345
20,140
23, 520
40,272
86,043
16.245
53,893
51,198
16,301
13,514
9, 572
19,906
36, 619
21,168
32,332
17,533
12,697
23,466
14,505
13,488
51,094
39,174
22,394
27,513
20, 591
13,624
12,137
28,885
31,342
34,157
15,796 i
13,535 I
25,727
31,461 !
47,056
15, 970
19, 530
20, 804
13,142
22, 810
21,165
2,194
36, 666
4,109
31, 386
47, 435
35, 356
19, 043
65,109
35,064
51,303
13. """
30,511
30,904
51, 768
63,112
22, 027
22, 536
15,787
1,910
17,402
4(5,002
63,725
56,734
28, 249




$9,246 ,
50,687 !
9,242
10,917
51,032
19, 591
53,236
11, 030

21,132
10, 582
- 12, 358

15, 056
3,497
8,807
32,676
24,793

i.
!
!
.
|
.
I
.

10.186
7,284
6,911
6,991
8,690
3,628

!.
.
:
|
"
_
:
.
i
_

1,045 !
19,885
79
7,337 .
3,335 •
551
6, 127
17, Ifil '
868 f
10,907 I
17,076 i
.
19, 584 L
5, 877
55,814
33, 609
42, 636
10,898
18,728
21,716
56, 763
8, 435
33, 418
310
8,266
26, 479
33, 066
68,234
83. 128

$234,004
191, 656
1, 259,169
79, 469
129,940
226,298
1,029,516
213, 427
627, 530
535, 845
782, 794
79, 407
61, 597
325, 427
243, 668
238,669
406, 528
597, 522
263,643
64, 893
542,081
87, 344
115,031
772,749
414, 448
206, 310
183,589
201, 828
109,455
65,400
258, 709
212, 607
214,165
160, 366
27, 728
248, 231
366, 440
370, 427
125,115
159, 067
63, 370
69,015
240, 242
113, 416
50, 835
245, 543
74, 803
625,359
555, 589
279, 414
148, 175
783, 758
717, 092
516,122
146,735
293, 620
337,099
1,845.970
745, 888
325. 583
226) 641
97, 422
301,754
214, 048
663,010
956, 844
1,122,555
330, 203

36. 33
15
50
77.44
65
55
45
65
43
50
*60
26.57
38.05
52.05
50
20
60
40.45
81.13
51
10
75
73
65
53. 51
75
65
35
55
45
55
27.19
78.4
40
60
2.08
100
79. 39
17.74
70
75
45
73
40
81. 57
90
30. 63
45
38
45. 46
65
70
07
...
40
24.5
65
60
MOO
45
'
83
!..._
:
60
[
30
90.80 :_.
45
!
80
60
i
40
40

Dec.

5,1930

1025
1026
1027
Aug"~31,~l93l" 1028
1029
1030
1031
1033
1036
1037
May 23,1931 1038
June 30,1931 1039
May 20,1931 1042
Mar. 31,1931 1046
1049
1050
1051
Oct. 24,1931 1054
Feb. 14,1931 1055
Sept. 3,1931 1058
1060
1061
1063
1064
1065
A u g . 31,1931 1066
1067
1070
1072
1073
1075
1079
Aug. 31,1931 1080
M a r . 7,1931 1081
1084
1085
M a r . 31,1931 1089
Jan. 15,1931 1090
1091
1092
1093
1094
1095
1096
1097
1098
J u l y 31,1931 1099
1100
1102
Sept. 30,1931 1103
UOo
1106
]
1107
1108
i
| M a y 11,1931 1109
1110
1111
1J12
:
1114
1115
_.. 1119
.... 1122
1123
1124
1125
.1128
'
1130
1131

266

REPORT OF THE COMPTROLLER OF THE CURRENCY'

TABLE NO. 43.—National banks in charge of receivers during year ended October 31,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections^ and various

Name and location of banks

Date of
organization

Capital
stock at
date of
failure

Date receiver
appointed

Jan. 23,1909
Apr. 29,1927
First National Bank, Bend, Oreg
Oct. 13,1925
Apr. 30,1927
New First National Bank in Lamberton, Minn
Apr. 2,1907
May 10,1927
First National Bank, Biwabik, Minn.
Dec. 3,1926
May 14,1927
City National Bank in Kearney, Nebr._
_
Mar. 21,1911
.do.
Laurel National Bank, Laurel, Nebr
Farmers & Merchants National Bank, Alcester, S. Dak. Dec. 30,1915
May 17,1927
Nov. 14,1882
First National Bank, Orafton, N. Dak
May 25,1927
Mar. 29,1917
First National Bank, Chowchilla, Calif
May 28,1927
June 23,1903
June 4,1927
Merchants National Bank, Greene, Iowa
Sept. 20,1911
June 20,1927
First National Bank, Kennebec, S. Dak
Jan. 23,1907
June 24,1927
First National Bank, Medaryville, Ind
_
_
May 26,1888
June 25,1927
First National Bank, Spencer, Iowa.
Feb. 4,1911
June 29,1927
First National Bank, Farmersville, 111
May 1,1912
July 19,1927
Peoples National Bank, Waukon, Iowa
Sept. 7,1891
July 28,1927
First National Bank, East Grand Forks, Minn
May 16,1903
do.
Fayette City National Bank, Fayette City, Pa
June 20,1903
Aug. 8.1927
First National Bank, Webster, Pa
Dec. 12,1900
Aug. 12, J927
National Bank of Fayetteville, Fayetteville, N. C
Nov. 21,1916"
Aug. 15,1927
First National Bank, Bishop, Calif.
Jan. 15,1890
Aug. 17,1927
Citizens National Bank, Waynesburg, Pa
Apr. 2,1900
Aug. 18,1927
First National Bank, Sheridan, Ind.i
May 23,1904
Sept. 6,1927
First National Bank, Inwood, Iowa
Nov. 29,1909
Sept, 21,1927
Farmers National Bank, Odell, 111.1
Jan. 26,1903
Sept. 30,1927
Central National Bank, Kearney, Nebr.i
Dec. 26,1888
.do
City National Bank of Kearney, Kearney, Nebr.i
May 19,1914
Oct. 3.1927
First National Bank, Mallard, Iowa
Nov. 10,1900
Oct. 20,1927
First National Bank, Bancroft, Iowa
July 12,1894
Oct. 24.1927
National Bank of Lagrange, Lagrange, Ind
Oct. 29,1927
First National Bank, Swea City, Iowa
_. Oct. 24,1900
May 22,190(3
Nov. 14,1927 ;
National State Bank, Stockton, Kans
National Bank of West Palm Beach, West Palm
100,000 Nov. 18,1927 i
Apr. 27,1926
Beach, Fla._._
50, OOOi Nov. 21,1927 !
Dec. 9,1902
1177 First National Bank, New Cumberland, W. Va
30,000 !
May 28,1900
do_
1178 First National Bank, RofiE, Okla
50,000 Dec.
May 23,1898
1,1927
1179 First National Bank, Checotah, Okla.
50,000 Dec. 12,1927
June 17,1901
1180 First National Bank, Hope, N. Dak___
50,000 Dec. 14,1927
Feb. 23,1918
1181 PMrst National Bank, Manning, S. C
25.000 Dec. 16,1927
Dec. 3,1919
1182 National Bank of Bowman, Bowman, S. C
30,000! Dec. 30,1927
June 12,1924
1185 American National Bank, Sallisaw, Okla
200,000| Jan.
June 22,1925
4,1928
1186 New Georgia National Bank, Albany, Ga
25.000i Jan.
July 9, 1900
6,1928
1187 First National Bank, Minnewaukan, N. Dak
150.000 ! Jan. 11,1928
June 30, 1883
1188 First National Bank, Greenville, Tex.i
25, OOOi Jan. 16,1928
Nov. 3,1922
1189 First National Bank, Mullens, W. Va
50,000 Jan. 21,1928
Mar. 30,1887
1191 First National Bank, Lisbon, N. Dak
30,000; Jan. 23,1928
1192 First National Bank, Delta, Utah i
; Nov. 17,1019
50,000
do
1194 First National Bank, Plainville, Kans
j June 17,1904
50,000 Feb. 10,1928
1197 First National Bank, Derby, Iowa
i Mar. 23, 1910
75,000 Feb. 15,1928
Aug. 12,1889
1199 First National Bank, La Porte City, Iowa
Aug. 9,1890
200, 000 Feb. 24,1928
1201 Astoria National Bank, Astoria, Oreg
50,000 Mar. 2,1928
1203 Farmers National Bank, Phillipsburg, Kans
I Aug. 18, 1915
50,000 Mar. 10,1928
1205 First National Bank, Ashton, Idaho
' Sept. 3,1912
June 6,1025
125,000 Mar. 17,1928
1206 New First National Bank in Springfield, Mo
July 6,1900
50, 000 Mar. 26,1928
1208 First National Bank, Carrington, N. Dak
50, 000 Mar. 30,1928
1209 First National Bank, Osborne, Kans
_.. Jan. 28,1885
25,000 Apr. 3,1928
1210 First National Bank, Toronto, S. Dak
___ July 8,1902
June 5,1922
50, 000
1211 First National Bank, St. George, S. C
do
Apr. 24,1894
50,000
1212 First National Bank, Rolfe, Iowa..
do
Dec. 28,1908
1213 Commercial National Bank, Statesville, N. C
100,000 Apr. 19,1928
Apr. 29,1902
1214 First National Bank, Bristow, Okla
50,000 Apr. 25,1928
May 14,1909
1215 First National Bank, Stewardson, 111
25,000 May
1,1928
July 31,1918
1216 First National Bank, Ayoca, Minn...
25,000 May 5,1928
Apr. 1,1920
1217 First National Bank, Rice, Minn
25,000 May 12,1928
Apr. 7,1925
1218 American National Bank, Sarasota, Fla
100,000 May 15,1928
1219 First Citizens National Bank, Mount Sterling, Ohio. _ May 16,1900
85,000 May 19,1928
Apr. 5,1905
1220 First National Bank, Moweaqua, 111
75,000 May 23,1928
Apr. 25,1864
1221 First National Bank, Marshalltown, Iowa
200,000 June 11,1928
1222 First National Bank, Arcadia, Ind
25,000 July 3,1928
.._ July 8,1909
Jan. 27,1910
1225 First National Bank, Calexico, Calif
300,000 July 24,1928
Oct. 30,1882
1226 First National Bank, Denton, Tex
50,000 Aug. 15,1928
1
Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to
complete unfinished liquidation.


1133
1134
1136
1138
1139
1140
1141
1144
1145
1146
1147
1148
1149
1151
1152
1153
1154
1155
1156
1157
1159
1161
1164
1165
1166
1167
1168
1171
1172
1175
1176

267

REPORT OF THE COMPTROLLER OP THE CURRENCY

19311 dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 81, 1981—Con.
Book value of assets at date of
failure

Progress of liquidation to
date of this report
Total
Total
assets assessment
assets and
Cash colreceived
since
upon
stock
Cash col- lections
Offsets
Estimated Estimated Estimated date of
snare* assessment lections
from
allowed
Doiuers
good
doubtful worthless
failure
stock
from
and
assessassets
settled
ment
Additional

$421,441
40, 579
182,311
f>75, 280
200,309
136,778
227,724
43, 316
60, 231
19,043
42,447
245,121
62, 718
98, 784
279, 559
458, 944
165,808
1,720,495
306,184
3, 369,712
14,903
62, 052
13, 748
2,534
33,792
77,196
52, 291
430,166
102,572
109, 777

$689, 716
185, 376
86,211
1,643,546
345,851
240,680
450, 675
155, 469
169, 745
134,982
55, 521
613,042
86,237
473, 901
215,106
654, 918
69,926
249,206
330,486
1,841, 822
41,194
136, 331
31, 283
172,991
723, 745
188, 884
183, 269
144, 047
249, 554
209, 322

$333, 688
43, 281
79,928
21, 783
155, 713
97,892
260, 775
62,428
124,574
8,274
23,168
55, 375
41,111
223, 916
45,609
1,042.404
137,072
619, 658
91, 002
479, 048
31, 768
94, 673
16,092
156,647
455,091
5,405
103, .124
176, 311
64,108
143,374

$4,831
15,720
52,230
82,945
83, 240
100, 327
30,929
34, 291
38,445
46, 617
16, 697
320, 774
24, 986
84,489
70,829
86,932
16, 778
147, 442
299, 727
634, 208
5,151
82, 249
3,413
19, 868
60, 568
55, 664
121, 742
67, 381
37,619
87,470

258,828
115,516
54,131
186,513
43, 061
109, 001
11.549
262; 658
568, 491
83, 262

169,456
101, 392
81,810
81,455
187,387
113,710
46, 704
124,851
633,460
93, 810

55,398
392,001
30, 332
42, 363
84, 371
88, 220
23,177
32,397
318,088
4,691

.149,568
89, 322

87,107
333, 563

68, 589
81, 903
65, 424
1,296, 515
47, 200
51. 424
323.105
79, 285
85, 559
95, 992
68,044
57, 346
769,917
380,301
152,372
45, 385
91,198
310, 931
412,178
233,863
908, 443
122,205
846, 745
151,744

74, 973
269, 273
126, 581
953,690
226, 463
89, 472
321, 868
291,387
240, 239
109,552
272,817
91,082
195,038
245, 257
105, 545
128, 714
88,058
260, 082
346, 583
114,097
807, 084
102,141
151,541
128,337

22, 244
74,200
40, 359
77,633
17,513
70,968
445, 399
13, 293
53, 607
128, 764
60, 297
91,593
20, 578
30,184
73,778
106, 718
73,177
197,412
79,176
23, 842
100, 369
202,150
174, 664
127,382
12,554
106,191
104.273

43, 226
46,167
5, 920
24,806
55; 526
8, 569
1,673
13, 827
134,123
37, 493
6, 964
10,322
J7.375
23
44, 284
45, 565
84, 724
159, 831
145, 096
32, 069
22, 508
122,099
80,351
95, 992
50, 814
45, 241
105, 650
.124,343
31,571
38, 765
24,921
42, 368
396, 940
40, 982
287, 753
46,392
270, 778
2<>, 789




$100,000 $1,039,676 $676,339
25,000
309, 956
188, 279
25,000
425,680
245,595
150,000 2, 573, 554 1,132,325
65,000
850,113
394,315
50,000
625,677
327, 509
50,000 1,020,103
464,136
25,000
320, 504
209,877
50,000
442,995
142,913
258,916
57, 736
50,000
25, 000
162, 833
76,879
150,000 1,384,312
700,523
25,000
240,052
98,452
125,000 1,006,090
316,142
661,103
388,038
50,000
75,000 2,318,198
646, 639
25,000
414, 584
175, 260
100,000 2, 836, 801 1,303, 522
454,410
50,000 1,077,399
6,324, 790 4, 200, 692
168,016
39,138
75,666
425, 305
132, 266
50,000
25,000
89, 536
22,809
402,040
85, 975
50, 000
287,468
100,000 1,373,196
25, 000
352,149
167,195
510,426
166,699
50,000
100,000
917,905
486, 598
25,000
478,853
186, 657
50,000
599,943
279,360

$39, 278
18, 377
10, 242
85, 530
26,404
28,628
30, 235
10, 250
12,165
4,564
18,998
96, 237
16,153
107,068
14,489
34, 325
9, 440
86,893
5,000

278, 968
626,908
765,076
147,098
202,193
81,817
385,137
234,960
420, 345
215,341
369, 500
102,364
108,103
21,006
463. 733
327,824
1, 854,162
708, 273
244, 256
114,124
156, 964
5,039
294, 241
155,043
564,465
206,105
70, 382
982
315, 479
133, 214
464, 254
126,432
422, 697
144,130
3, 055, 435 1, 673,389
482,052
228, 679
276,572
106,347
921, 245
31.9,666
603,018
228, 418
547,742
2(58, 050
347,114
155,277
471,859
191,035
317,447
128,150
1, 277,323
724,202
873,078
350, 078
511,900
151,768
317,040
176,085
253, 019
170,989
813,750
313,167
1,442,851
561,478
638, 606
309,485
2, 330, 662 1,134,626
184,994
308, 292
1,381,255
335,430'
250,504
404,343

28,032
14,557
4, 288
10,684
15,749
21, 344
17,964
13, 527
175, 389
17, 225
105, 259
2, 526
13, 703
8,980
3,000
34, 736
58, 618
123, 863
29, 326
16, 421
20, 367
17, 702
7,765
8,433
10, 613
18,198
70, 665
7,000
5, 850
11, 736
8,316
48, 610
41,070
17,880
141,913
18,154
_
19,425

100,000
50,000
30, 000
50,000
oO, 000
50,000
25,000
30,000
200,000
25, 000
150.000
25, 000
50,000
30,000
50,000
50,000
75,000
200,000
50,000
50,000
125,000
50,000
50,000
25, 000
50,000
50,000
100,000
50,000
25,000
25,000
25,000
100,000
85,000
75,000
200,000
25,000

50,666

66,875
30, 674
15,845
9,324
17,453
14,826
33,088
93,200
9,075
23, 406

$152,438
15, 613
41,084
168, 232
29, 893
26, 522
43, 613
28,015
2,983
25,066
4,098
62, 493
12, 298
34, 906
26, 398
72, 262
12,034
197, 223
136, 600
10, 564
3, 505
10,943
6,451
39, 678
29,261
17,812
37,330
48, 238
6,135
12,961
14, 883
6, 378
1,312
18, 371
44,359
13, 805
25, 853
9, 497
4, 662
18, 201
5, 921
116,422
15,826
8,919
62,113
32,054
21,873
0, 788
50, 221
13, 899
112,818
36,152
26,133
J4,860
7,175
15,615
56, 284
41, 770
181, 432
9,513
10,741
20,163

1133
1134
1136
1138
1139
1140
1141
1144
1145
1146
1147
1148
1149
1151
1152
1153
1154
1155
1156
1157
1159
1161
1164
1165
1166
1167
1168
1171
1172
1175
1176
1177
1178
1179
1180
1181
1182
1185
1186
1187
1188
1189
1191
1192
1194
1197
1199
1201
1203
1205
1206
1208
1209
1210
1211
1212
1213
1214
1215
1216
1217
1218
1219
1220
1221
1222
1225
1226

268

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended October 31,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various
Progress of liquidation to date of this report

Total collections
from all
sources,
including
offsets
allowed

1133
1134
1136
1138
1139
1140
1141
1144
1145
1146
1147
1148
1149
1151
1152
1153
1154
1155
1156
1157
1159
1161
1164
1165
1166
1167
1168
1171
1172
1175
1176
1177
1178
1179
1180
1181
1182
1185
1186
1187
1188
1189
1191
1192
1194
1197
1199
1201
1203
1205
1206
1208
1209
1210
1211
1212
1213
1214
1215
1216
1217
1218
1219
1220
1221
1222
1225
1226
8

$868, 055
222, 269
296, 921
1,386,087
450, 612
382, 659
537, 984
248,142
158,061
87, 366
99,975
S59, 253
126, 903
458,116
428, 925
753, 226
196, 734
1, 587, 638
596, 010
4, 200, 692
106,013
173, 504
38, 654
95, 299
308, 480
192, 964
206, 238
619,476
224, 993
320, 578
344, 330
209, 893
92, 240
258,605
245, 973
130,086
43,282
359, 722
928, 021
145,154
110, 298
183, 422
229, 305
9,962
140,876
179, 369
208, 669
1,913, 674
273,831
131, 687
402,146
278,174
297, 694
173, 498
251,869
160,247
907, 685
393, 230
183,751
202, 681
186, 480
377, 392
658,832
369,135
1,457,971
212, 661
346,171
296,092

Loss on
assets com- Book value
of remainpounded
ing uncolor sold
lected
under
order of
court

$84,732
81,064
114,001
61,550
354,613
51, 586
397,611
39, 537
247,098
126,114
56,856
200,419
104, 302
135,118
38, 446
151, 642
11,210
936,225
600
585, 013
53,878
43,309
41,727
42,413
314,959
147,945
287, 276
46,467
46,652
251, 718
206, 965
30,737
84,241
4,691
44,969
198,314
57, 785
87, 538
193,176
10, 502
1,925
45
298,863
39,400
127, 603
269,621
197,646
235,391
185, 577
111,306
25,470
6,029
207,813
28,151
47,508
125,398
511
75,986
101,091
49,855
380,221
740,089
59,999
162,748
10,088
20, 672
26,356

$626,167
1,061,447
6,292
170,060
64,743

18,075

270,877
394,924
158, 221
1,372, 655
191,080
299,831
435,789
1, 539, 085
189, 166
223,652
667,204
1,066
245, 162
191,283
1,053
3,645
489,003
82,525
95,152
12,444
708,354
80, 825
88,300

830,233
1,970
388,996
286, 517
133,095
340,303
436, 337
233,013
4,747
152,352
651,856
78, 697
1,014,412
111, 120

Book value
of remaining uncollected stock
assessment

$60,722
6,623
14,758
64,470
38,596
21,372
19,765
14,750
37,835
45,436
6,002
53,763
8,847
17, 932
35, 511
40,675
15, 560
13,107
45,000

8,125
19,326
9,155
40,676
82,547
10,174
16,912
6,800
15,925
26, 594
71,968
35,443
25,712
39,316
'34, 251
28,656
7,036
16.473
24,611
7,775
44,741
22.474
36, 297
21,020
47,000
15,264
16,382
76,137
20,674
33,579
104,633
32,298
42,235
16, 567
39,387
31,802
29,335
43,000
19,150
13,264
16,684
51,390
43,930
57,120
58,087
6,846
10,575 I

Dividends paid through or by purchasing bank.




Disposition of proceeds of liquidation

Secured and
Book
preferred
value of Dividends Dividends liabilities
paid on
paid on paid except
returned
through
unsecured dividends,
to share- secured
claims
claims
holders'
including
agents
offsets
allowed
$50, 581

146, 707
157,683
650,828
218,875
251,818
409,777
133,917
45,432

~~i6,~758

4,970

5,317
9,524
1,611
4,491
74,715
~I3,~282"

1,891
12,448
1,978
3,460
5, 275
5,104
158
77, 802
96,400
3, 594
7,554
4,013
12,751
24,542
11,383
11,911
2,476
5,382
4,125
568
4,574
8,164
29,046
1,772

59,774
. 665,402
28,805
274,935
263,066
362,299
120,158
337,682
319,189
5 4,071,916
202
70,677
1,476
83,935
71,899
402,796
118, 534
119,721
96,810
37,023
16,626
88, 411
195,991
10,751
20,644
120,765
224,781
107,165
84,001
207,836
62,722
22,710
162,945
1,054,006
111,416
63,102
124,097
69,630
82,089
114,661
445,838
148,413
90,905
125,248
136,956
24,869
369,986
165,029
1,139, 319
128,301

T " "261,906"

$322,506
58,848
98,297
539, 259
168,979
70,536
43,859
79,153
78,551
63,106
18,544
94,057
77,156
93,944
92,415
292,692
42,369
1,090,626
182, 104
3, 367
17,135
66,926
21, 274
60,622
257,851
74,292
114,088
132, 791
62,976
145, 295
207,763
100, 835
64, 282
132,037
14,883
59,156
11,151
215,125
552,422
16, 374
59
73,082
9,850
62,100
129,992
29, 176
740, 216
100, 907
42,934
222,099
126,944
78,267
56,484
104,849
33,039
349,315
191,903
46,352
40,446
16,731
283,444
214,956
161,007
192,664
50,751
267,194
56,237

269

EEPOKT OP THE COMPTROLLER OF THE CURRENCY

1931, dales of organization, appointment oj receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources inclvdother data indicating the progress or results of liquidation to October 31, 1931—Con.
Disposition of proceeds of liquidation—Con.

Cash advanced in
protection
of assets

$7,474
542
6,488
685
1,175
2,850
490
3,338
118
85
5,762
237
19,964
32, 566
212
3,714
686
34,138
1,716
206
11,276
30,131
3
3,609
1, 769
5,200
25
3,438
7, 736
149
73
11,172
788
46

4,790
697
3,437
31,502
754
13,913
1,158
112
1,474
387
1,788
194
2,373
3
730
44,932
2,479
25, 742
198

Receivers'
salary,
legal, and
other expenses

Cash in Amount Amount of Dividends Interest Date finally
diviclosed or
claims
hands of returned
(per cent) dends
restored to
proved
comptrol- to share(per cent) solvency
holders'
ler and
agents
receivers
in cash

$70,301
16,172
28,677
56,478
29,808
34,952
21,881
18,769
22,690
10,113
21, 572
38,284
15,388
39,915
33,023
54, 223
13,724
66, 720
49,405
72,163
10, 328
23,104
2,622
3,293
3,963
32,677
10,642
33,844
21,407
25,204
36,865
27,362
7,872
30, 709
19,165
20, 509
6,383
23,601
44, 528
13,479
11,494
15,172
11 619
1,566
12,041
13,916
30,548
83, 709
25,850
34,268
34,021
30, 258
30, 405
35,0^5
30,971
32,435
67,193
37,631
18,191
14,009
11,886
31, 325
44, 841
19, 706
59,090
14, 667
37,750
23, 868




$53, 585
5, 776
128,079
31,775
22,503
62,467
15,813
5,100
14,029
55, 748
29,358
18, 331
42,189
20,483
84,405
44,626
19,108
1,917
12, 591
20,108
W, 541
22, 057
46,385
16,876
17,910
20,914
44,648
3, 950
8,198
34,246
17,316
7,348
2,345
7,527
842

30,953
10, 419
18,492
7,929
235
3,451
11,221
41,214
13,241
23,342
21,190
20,713
27,217
22,6(53
21.966
14,691
15, 48f>
13, 8S9

$1, 031,939
186,892
242,606
1,654,188
486,401
359,757
819, 554
167,321
227,869
104,158
59,870
782,827
108,465
500, 075
413, 512
1,579,272
267,018
1,361,338
709,136
4, 071,916
73,193
176, 698
44,358

40
78.5
65
40
45
70
50
80
20
99.85
85
29.15
55
05
23
45
25
45
«100
100
40
33.27

169,402
173,508
505,872
338,804
239,756
177, 647
540,375
81,226
126,304
244, 995
228,024
37,537
175,864
C34,912
153,129
160,667
152,878
444, 597
18,886
102,204
269,689
159,438
1,758.144
123; 895
109,421
413, 680
232,121
266,195
164,100
218,425
135,067
891,339
422, 233
382,483
192, 696
161,334
330,709
680, 491
229, 980
1,424,228
160.397
288,428

M a r . 26,1931

Aug. 15,1931
Feb.

2.23
J u l y 25,1931

50
41.44
80
35
50
55
22.9
70
80
7
58
68. 67
35
70
60
55
46. 75
40
60.2
13.15
100
60
90

28,1931

J u n e 30,1931
_

M a r . 16,1931

J u l y 11,1931
M a y 9,1931

M a r . 23,1931

2.2

Aug. 17,1931
Aug. 25,1931
J u n e 25,1931
Feb.

30
30
70.64
50
45
84.9
50
35
25
65
85
10
58. 63
55
80
80

1""

70'"

9,1931

Jan.

31,1931

J u l y 10,1931

1133
1134
1136
1138
1139
1140
1141
1144
1145
1146
1147
1148
1149
1151
1152
1153
1154
1155
1156
1157
1159
1161
1164
1165
1166
1167
1168
1171
1172
1175
1176
1177
1178
1179
1180
1181
1182
1185
1186
1187
3188
1189
1191
1192
1194
1197
1199
1201
1203
1205
1206
1208
1209
1210
1211
1212
1213
1214
1215
1216
1217
1218
1219
1220
1221
1222
1225
1226

270

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended October 81,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various

Name and location of banks

1227
1228
1230
1231
1232
1234
1235
1236
1237
1238
1239
1240
1241
1242
1243
1245
1247
1248
1249
1252
1253
1254
1255
1256
1257
1258
1259
1260
1261
1262
1263
1264
1265
1266
1267
1268
1269
1270
1272
1273
1274
1275
1276
1277
1278
1279
1280
1281
1282
1283
1284
1285
1287
1288
1290
1291
1292
1293
1294
1295
1296
1297
1298
1300
1302
1304
1305
1306
1307

Date of
organization

First National Bank, Plainview, Nebr
Lake County National Bank, Madison, S. D a k . .
Citizens National Bank, Woonsocket, R. I
First National Bank, Dublin, Ga
First National Bank, Aledo, 111
First National Bank, Wesley, Iowa
Carolina National Bank, Darlington, 1S. C
First National Bank, Farmland, Ind.
Lamar National Bank, Lamar, S. C
Hartington National Bank, Hartington, Nebr
First National Bank, Cheraw, S. C
First National Bank, Dunn, N. C
Farmers National Bank, Wakefield, Nebr
Fourth National Bank, Macon, Ga
First National Bank, Richland Center, Wis
First National Bank, Warren, Ind
Cass County National Bank, Casselton, N. Dak.
First National Bank, Benson, N. C
_.
Peoples National Bank, Middletown, Del
First National x>au&., JUG WIO vine, wniu
r u a i rNtttiuuai Bank, Lewisville, Ohio.
First & Moorhead National Bank, Moorhead, Minn._
Exchange National Bank, Denton, Tex
First National Bank, Frisco, Tex
First National Bank, Kingsbury, Tex
_
First National Bank, Coleridge, Nebr
Exchange National Bank, Spokane, Wash
_
irst Exchange National Bank, Coeur
First Exchange N a t i o a B a k , Coeur d'Alene, Idaho.
First National Bank, Wagener, S. C.._
Minneapolis National Bank, Minneapolis, Kans_.
First National Bank, Melvin, Iowa
First National Bank, Manchester, Iowa
Citizens National Bank, Hope, Ind
First National Bank, Avon Park, Fla
First National Bank, Punta Gorda, Fla__
First National Bank, Bixby, Okla
First National Bank, Branson, S. C
Carlton National Bank, Wauchula, Fla._
First National Bank, Rockford, Iowa
First National Bank, Erskine, Minn
National Bank of Larimore, Larimore, N . Dak-_.
First National Bank, Denton, Mont
First National Bank, West Alexandria, Ohio . .
First National Bank, Sandersville, Ga_.
National Bank of Emmetsburg, Emmetsburg, Iowa—
First National Bank, Waverly, Va.1
First National Bank, Sanborn, N. Dak
Peoples National Bank, Adena, Ohio
Reed City National Bank. Reed City, Mich_
First National Bank, Ruthven, Iowa
First National Bank, Sebring, Fla
First National Bank, Lakeland, Fla_
First National Bank, Auburndale, Fla
First National Bank, Shinnston, W. Va
First National Bank, Aneta, N. Dak.
First National Bank in Langdon, Langd~oiN"~Dak~II
First National Bank, Mayville, N. Dak
Polk County National Bank in Bartow, Fla..
East Alabama National Bank, Eufaula, Ala._
National Bank of Newberry, Newberry, S. C
South Pasadena National Bank, South Pasadena, Calif
First National Bank, McIIenry, N. Dak..
First National Bank, DeLand, Fla
First National Bank, Sanford, Fla
First National Bank, St. Augustine, Fla...
Miners National Bank, Blossburg, Pa
First National Bank, Maquon, 111
Henry National Bank, Abbeville, Ala
First National Bank, Moultrie, Ga.i
First National Bank, Montezuma, Iowa...

July 27,1909
Oct. 2,1914
Jan. 19,1865
May 3,1902
Jan. 24,1904
May 1,1900
Apr. 14,1911
Oct. 1,1902
Sept. 5,1917
May 21,1900
Feb. 4,1909
Mar. 24,1904
Mar. 24,1911
Aug. 2,1906
Aug. 7,1905
May 10,1905
Jan. 11,1904
Dec. 16,1924
June 2,1883
Dec. 9,1907
Aug. 13,1881
May 7,1883
July 2,1902
Aug. 15,1912
May 18,1910
May 4,1889
Jan. 14,1904
Feb. 11,1914
June 14,1887
Oct. 9,1900
Jan. 17,1890
Feb. 7,1901
Feb. 10,1916
Apr. 6,1914
Dec. 1,1913
Mar. 7,1916
Jan. 7,1915
July 18,1883
Apr. 22,1918
May 26,1902
Jan. 8,1916
May 10,1920
Aug. 15,1905
Apr. 5,1927
Oct. 2,1916
Oct. 12,1906
Aug. 8,1901
Dec. 8,1923
July 7,1900
Dec. 27,1921
June 9,1910
Aug. 17,1926
June 14,1909
Feb. 18,1919
Mar. 9,1927
Apr. 4,1887
Apr. 1,1929
Dec. 23,1886
May 6,1871
Nov. 17,1925
Feb. 1,1906
Jan. 5,1910
Apr. 19,1887
Feb. 16,1886
Jan. 6,1895
Nov. 10,1906
Feb. 21,1917
Dec. 19,1904
May 21,1883

Capital
stock at
date of
failure

Date receiver
appointed

$40,000 Aug. 22,1928
75,000 Aug. 29,1928
100,000 Sept. 18,1928
200,000 Sept. 24,1928
50,000 Sept. 27,1928
25,000 Oct. 12,1928
100,000 Nov. 2,1928
40,000 Nov. 3,1928
25,000 Nov. 9,1928
40,000 Nov. 13,1928
50,000 Nov. 14,1928
50,000
do
50,000 Nov. 21,1928
500,000 Nov. 26,1928
50,000
-do.
25,000 Dec. 7,1928
25, 000 Dec. 10,1928
50,000 Dec. 11,1928
80,000 Dec. 14,1928
25,000 Dec. 19,1928
150,000 Dec. 24,1928
100,000 Dec. 26,1928
25,000 Dec. 31,1928
25,000 Jan. 10,1929
40,000 Jan. 12,1929
1,000, 000 Jan. 18,1929
100,000 Jan. 19,1929
50,000 Feb. 9,1929
60,000
do
25,000 Feb. 12,1929
50,000 Feb. 13,1929
30,000 Feb. 15,1929
100,000 Feb. 18,1929
50,000
25,000j
25,000
50,000
50,000
25,000
25,000
25,000
40,000
50,000
60,000
25,000
25,000
50,000
25,000

do
Feb. 20,1929
do
Feb. 21,1929
Feb. 23,1929
Mar. 2,1929
Mar. 5,1929

doMar. 13,1929
Mar. 14,1929
Mar. 15,1929
Apr. 2,1929
Apr. 10,1929
Apr. 13,1929
May 2,1929
25,000
do
__
100,000! May 4,1<J29
100,0()0| May 15,1929
50,000:
do
_.
90,000! May 22,1929
25,000 June 3,1929
50,000 June 14,1929
50,000 June 25,1929
200,000 June 28,1929
100,000 July 1,1929
100,000
do
100,000 July 2,1929
25,000 July 3,1929
100,000 July 12,1929
150,000 July 15,1929
130,000 July 25,1929
50,000 July 30,1929
35,000 Aug. 14,1929
50,000 Aug. 16,1929
100,000 Aug. 27,1929
50,000 Sept. 16,1929
1
Receiver appointed to levy and collect stock assessment covering deficiency in value of assets, sold, or to
complete unfinished liquidation.




BEPOKT OF THE COMPTROLLER OF THE CURRENCY

271

1931, dates of organization, appointment of receivers, and fined closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 31, 1931—Con.
Book value of assets at date of

Progress of liquidation to
date of this report

failure
Additional

assets
received
since
Estimated Estimated Estimated date of
good
doubtful worthless failure

$117,512
238,383
580,971
277, 770
421,553
39, 593
248,066
10,159
19,831
174,700
(K), 535
203,073
187,282
8,123,464
153,637
105,789
187,197
141,837
399,828
139,426
1,268,833
194,447
46,202
33,998
128,618
7, 277,683
804, 625
19,033
142, 500
54,673
301,745
169,120
181,452
165,603
108,968
25, 093
196,455
43,172
70,978
63,238
:J7,685
2S9,934
77, 510
303, 761
4,928
50,9.10
296, 523
189,752
85,764
85,097
731,968
109,667
458,887
35,134
:
113,710
78,536
41.3,486
234,813
409,892
519,063
I
7,051
411,626
535,531
812,843
695,771
i
118,657
99,772
14,201
149,375

$229,458
196,325
703, 792
911,439
98,004
155,093
361,998
57,042
166,462
243,428
131,274
84,614
264,963
1,070,097
463,144
63,659
140,485
61,811
195,906
92,781
813,433
251,873
30,135
42,033
132,545
1,194,550
211,021
96,372
274,462
73,401
301,588
150,469
274,513
261,903
71,598
89, 504
275,893
90,652
82,186
102,306
61,243
69,988
378,082
441,349
13,986
56,235
325,168
59,678
142, 649
232,666
1,315,256
236,338
456,963
152,126
173,490
134,102
885,600
294,669
700,759
131,400
50,573
877,755
1,203,586
1,164,714
378,266
59,176
206,860
139,605
298, 984

$41,285
103,740
122,891
561,448
97,699
3,910
115,736
44,718
2,494
38,088
110,309
80,343
112,190
938,815
204,104
32,768
34,873
111,021
119,051
17,600
184,253
94,634
16,601
8,259
6,547
1,492, 690 •
125,967
17, 254
280,881
2, 360
85, 373
44, 256
131,038
100, 670
27,203
20, 435
55,126
112,833
42,261
12,042
14,115
66,271
72,135
42,345
40,107
217
12,609
7, 747
138
236,331
293,814
82,267
76,073
54,923
11,430
18,299
730,857
276,029
231,915
146,441
41,094
326,744
390,535
526,181
263,683
16,354
153,078
3(5,818
116,382




$45,879
33, 511
60,511
71,084
33,021
43,393
77,771
1,490
6,713
90,114
33,492
19,286
87,164
279,027
167,156
18,997
61,568
8,654
46,286
42, 510
105,357
24,809
5,465
18,540
83,613
822,988
36,434
3,117
121,673
69,180
76,968
67,569
25,099
22,176
15,441
2, 680
39,724
74,181
17,150
30,907
12, 772
42,934
15,601
51,223
232
22,407
33, 395
25,476
52,111
14, 773
140, 561
42,920
56,344
23,604
21,1.15
44,106
41,733
49, 793
16,488
111,659
5,770
193,087
204,085
175,233
61,270
9,675
4,989
29,5M
31.474

Total
Total
assessment assets and
Cash colupon
stock
Cash col- lections
Offsets
share- assessment lections
from
allowed
holders
from
stock
and
assets
assesssettled
ment
$474, 134 $201,593
$40,000
75, 000
646, 959
299,043
100,000 1,568,165
887,239
200,000 2,021,741
798,920
50,000
700,277
385,215
25,000
266,989
159,498
100,000
903, 571
335, 038
40,000
153,409
45, 254
25,000
220,500
56, 614
40,000
586,330
293, 675
50,000
385,610
88, 681
50,000
437,316
170,708
50,000
701,605
407,294
500,000 10,911,403 7,341,242
50,000 1,038,041
297,838
25,000
246,213
120.805
25,000
449,123
229,328
50,000
373,323
145,327
841,071
80,000
373,142
25,000
317,317
186,009
150,000 2,521,876 1,258, 528
100,000
665,763
344,630
25,000
123,403
42, 631
25, 000
127,830
47,222
40.000
391,323
202,214
i, ooo; ooo 11,787,911 7,436,382
100,000 1,278,047
831,490
50,000
185,776
29, 523
60,000
879,516
237,816
25,000
214,614
110, 510
50,000
815,674
413,892
30,000
461,414
290,655
712,102
100,000
224,261
50, 000
600,352
261,570
25,000
248,210
130,411
25,000
162,712
41,871
50,000
617,198
203,869
50, 000
370,838
148,043
25,000
237,575
89,440
25,000
233,493
91, 558
25,000
150,815
75,355
40,000
509,127
310,682
50,000
593,328
211,801
60,000
808,678
343,289
25,000
84,253
9,242
57,721
25,000
154,760
50,000
717,695
415, 070
25,000
307,653
94,405
25,000
305,662
152,682
100,000
668,867
211, 823
100,000 2,581,599
882,899
50,000
521,192
109,262
90,000 1,138,267
545,374
25,000
290,787
99,524
50,000
369,745
101,444
325,043
125,199
50,000
200,000 2,271,676
640,632
100,000
955,304
394,721
100,000 1,459,054
341,261
100,000 1,008,563
585,493
25,000
129,488
22,459
100,000 1,909,212
728, 579
150,000 2,48:4,737 1,043,593
130,000 2,808,971 1,115,642
50, 000 1, -138,990
697,432
238,862
129,162
35, 000
50,000
514,699
154,782
100.000
320,138
70, 821
50:000
WP.215
2G0,131

$16,142 1227
$8,016
50,312
29,320 1228
90,496
116,239 1230
73, 089
89,029 1231
33,043
30, 635 1232
12,155
6, 597 1234
40, 621
66,794 1235
29, 750
1236
18, 605
5, 671 1237
25, 552
6,907 1238
29,762 1239
22, 830
24,613
41,874 1240
11,865
39, (576 1241
277, 546
975,070 1242
43,007 1243
41,810
600
10,084 1245
17,877
24, 837 1247
14, 480 1248
36, 933
(58, 301
17,577 1249
23,055
6,548 1252
77,213
138, 636 1253
69, 951
45, 209 1254
4,300
4,157 1255
10,400
15, 851 1256
31,947
42,675 1257
660, 433
799,856 1258
33, 645
95, 683 1259
18, 254
4,768 1260
16,634
44,293 1261
3, 640
10, 634 1262
41,647
35,492 1263
23,874
28,227 1261
20,360
25,906 1265
51,399 1266
20,232
3, 5(52
18,549 J267
1,700
13,990 1268
35, 590
38,062 1269
5,408
9,606 1270
9,348
8,122 1272
3,769
16,3.16 1273
4,888
10,319 1274
33,800
23, 369 1275
7,800
IS, 412 1276
40,260
17,968 1277
22,800
1278
7,049
2, 258 1279
35, 200
23,837 1280
10, 051
8,275 .1281
9, 672
9,967 1282
15,803
30,673 1283
24, 661
249,538 1284
9,072
45,110 1285
82,356 a 60,546 1287
16,200 • 13,704 1288
25,809
12, 650 1290
8,363 1291
18, 258
124,890
110,041 1292
34, 578
15,099 1293
61,439
49,857 1294
76,017
58,257 1295
1,525
764 1296
46,973
45,299 1297
106,493
195,294 1298
110,072
111,457 1300
37,068
55,708 1302
7,111 1304
22, 203
14, 400
12,085 1305
71, 642
11,499 1306
18,390
30,733 1307

272

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended October 31,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various
Progress of liquidation to date of this report

Disposition of proceeds of liquidation
Secured a n d

Total collections
from all
sources,
including
offsets
allowed

Book
preferred
Loss on
assets com- Book value Book value value of Dividends Dividends liabilities
of remain- of remainexcept
pounded
paid on
paid on paidr o u g h
ing uncol- ing uncol- returned
th
or sold
unsecured dividends,
lected
lected stock to share- secured
under
claims
claims
assessment holders'
order of
including
agents
court
offsets
allowed

1227
1228
1230
1231
1232
1234
1235
1236
1237
1238
1239
1240
1241
1242
1243
1245
1247
1248
1249
1252
1253
1254
1255
1256
1257
1258
1259
1260
1261
1262
1263
1264
1265
1266
1267
1268
1269
1270
1272
1273
1274
1275
1276
1277
1278
1279
1280
1281
1282
1283
1284
1285
1287
1288
1290
1291
1292
1293
1294
1295
1296
1297
1298
1300
1302
1304
1305
1306
1307

$225. 7")1
378, 675
1,093,974
961,038
448, 893
178, 2 " 0
,>
442,453
75,004
80,890
326,134
141, 273
237,195
458, 835
8, 593,858
382, 655
131,489
272, 042
196,740
459,020
215, 612
1, 474, 377
459, 790
51,088
73, 473
276, 836
8,896, 671
960, 818
52, 545
328, 743
124, 784
491,031
342, 756
270, 527
333, 201
152, 522
60, 561
283, 521
163,057
106,910
111, 643
90,562
373, 851
238,013
431, 517
32,042
67,028
474, 107
112, 731
172, 321
258, 299

1,157, 098
163, 444
688,276
129, 428
139, 903
151, 820
875, 563
444,398
452, 557
719. 767
24, 748
820, 851
1, 345, 380
1, 337,171
790,208
158,476
181, 267
153,962
309,254

21,312
100,246
62,223
6,333
75,894
50,123
68,155
50, 748
14,629
22,998
91, 747
732,497
94,139
24,280
612
57,099
99,760
150,033
73, 275
32, 611
315,961
45,534
15,033
58, 259
68,470
28,438
20,732
60,670
31,983
635
42.916
43, 567
27,322
20,027
8,724
40, 141
6,745

1,908
62,296
50,011
6,012
10,380
4,625
9,457
67,032
123, 690
13,972
1,350
950
541
15,801

4,967
41,549
43,851
69, 255
5,142
65,203
225,717
207, 357
65,970
2,579
152,904
126,508
75,574

$132,516
222,284
364,441
871,569
228,094
351, 6
133, 215
195,000
202, 538
151, 736
112,888
1, 362, 594
553,057
81,440
145,678
162,904
313, 253
824, 679
102, 649
51,615
39,757
73,823
2,235,712
205, 340
86,452
479, 148
287,852
91,800
301, 265
205,400
73, 615
35, 935
275,700
135,867
94,986
91,895
122,331
311,207
385,125

63, 778
218,408
175,348
108, 556
259,339
1,225,472
302, 848
440,997
151,609
205,110
125,680
1,316,036
403,935
924,085
195, 558
76,123
970,131
869,133
1, 244,515
569,880
65,010
144, 928
11,310
229, 777

$31,984
24,688
9,504
126,911
16,957
12,845
59, 379
10, 250
6,395
14,448
27,170
25,387
38,135
222,454
8,190
24,400
7,123
13,067
11, 699
1,945
72, 787
30,049
20,700
14,600
8,053
339, 567
66,355
31, 746
13,366
21,360
8,353
6,126
79, 640
29,768
21,438
23,300
14,410
44, 592
15, 652
21, 231
20,112
6,200
42,200
19, 740
2,200
17,951
14,800
14,949
15,328
84,197
75,339
40,928
7,644
8,800
24,191
31,742
75,110
65,422
38,561
23,983
23,475
53,027
43,507
19,928
12,932
12, 797
35, 600
28,358
31,610

Including
 dividends paid through or by purchasing bank.

2

$6,221
"25," 855"

1,800
28,140
33,317
7,199

$77,701
233,561
106,183
253,239
143,915
219,289
15
205,630
66,366
93,837

»32,430 a 5,273,748
190, 732
87,148
9,195
160, 427
18,917
47,162
27,569
234,136
1,641
167,019
3 36,555
« 744, 294
362, 010
25,329

4,335
13,689

7,576

13,845
1,660

29,009
I

19,416

19,540
8 105,042
6,074
6,912
5,718
43,811
33, 816
13, 515
41,433
21, 495
69,160

58, 980

$116,257
88, 269
328, 701
778,910
138, 554
22,036
184,822
44,999
24, 892
76, 797
49,049
108, 993
108,745
2,867,460
73,177
16,291
72,174
109,986
164, 692
36,604

531,063
50, 676
14,177
30, 648
133, 298
120, 718
6,324, 706 2, 272, 493
a 579,204
314, 287
8,574
19,908
112,990
76,125
104, 586
10, 677
361,363
97,666
215,486
55,865
56,035
152,020
230, 844
69,569
61, 956
72,444
51,540
106, 855
104,711
78, 859
48, 543
26, 995
60,099
71,656
20,938
52, 443
32, 556
307,967
40,784
29,839
143, 976
281,206
49,150
10,000
34,812
20,938
222, 032
154,041
39, 916
35, 498
110, 559
35,963
43,945
165, 168
* 344, 277
552,439
21, 948
104,805
482,868
136,505
45,254
41, 111
96,644
12,057
92,725
29,155
47,821
719,551
68,097
315,007
192,446
170, 667
320,778
323,290
17, 658
516, 927
185, 727
615,918
550, 305
918,846
203, 910
131, 577
» 608, 622
90, 246
45,869
148, 974
75,040
30,922
208,254

EEPOET OF THE COMPTROLLBK OF THE CURRENCY

273

1931 , dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 31, 1931—Con.

I

Disposition of proceeds of liquidation—Con.

I

Cash advanced in
protection
of assets

Cs«h in
I. ash in

Receivers'
salary,
legal, and
other expenses

I Amount j Amount of
rclurne(i|
claims

receivers

Dividends
(per cent)

Interest
dividends
(per cent)

Date finally
closed or
restored to
solvency

in cash

i
%\ 860
20
2,734
102
22,220
757
"1,025"
858
2,832
8,077
38,553 I
268 I
2, 709
21
3,235
12,726
2, 561
209
102, 930
445
1
31, 272
6, 323
2,097
9, 884
6. 366
1, 321
],029
3,789
1,674
71
128
211
7,394
2,193
226
40, 331
518
3, 519
2,187
13, 537
2,176
20,924
7,275
3, 623
23, 983
492
30, 503
592
11
6, 598
2, 635
.1,540
1, 148
1.596
3, 814

$17,075
26,588
49,267
29, 634
28,092
12,299
27, 780
1,408
14,713
23,210
13,145
21,301
17,194
141,066
45,899
13,948
16, 640
14, 372
26,941
10,348
42, 918
23,657
6, 695
18,630
14,342
124,998
26,445
9, 823
26, 258
9, 521
18, 533
23, 362
31, 024
21,661
12,164
5,375
25, 265
15,822
8,416
10,105
5,435
15,951
19, 074
27, 225
2, 626
5, 960
27,661
17,979
7,132
20, 750
42,650
18,100
24,421
12,551
16,4.50
15,974
31,180
24,049
28, 968
45, 905
5, 420
32,660
42,985
46,638
32, 319
10,031
17, 508
11,649
20, 664

$12,858 ;
24,010 |
24,210 j
20,354 !
6,782 f
8,005
442
6,939
20,497
4,656
10,232
34,633
271,077
34,294
13,834
10,897
6,282
2,447

'-... .

106,821 •_
20,886 .
4,887 .
23,!»86 ' .
8, -17S :.
71. 544 •_
•

40f 137 ! .
9,004 ! .
68,509 | .
7, 146 I45,946 I.
13,988 !.
4,701 I.
4,637 ;3,64(5 '.
31,816 j_
16,044 !.
8,066 !_
8,813 |.

5, 092 !
30,042 L
18,820 )15,148 _
0, 709 L
99, 153 ' .
10,341 ' .
23,558 j 16,325 i.
10, 343 j
9,217 ;
2, 937
16,458
29, 202 I
1,659 i
37, 506 *
112,042 i
97, 077 !
16, 542
10, 734
14.785
8,293
25. 000

Dividends
 paid through or

fi

!
!
;
;.
;
'_-.!_.... .
|._
i
I
!

$222, 199
359, 324
981,804
1, 221, 619
422,128
148,956
487,328
93, 851
129,090
373.886
73', 007
20T>, 476
397, 086
6,475.847
702; 879
176, 348
246, 417
110,858
513, 217
188,454
1. 485,167
381,022
50, 659
49, 022
142,025
6, 451. 707
692,116
01.264
496^ 732
109,965
516, 233
359, 888
315,932
383,90S
103, 259
71,059
414,239
144, 605
106.983
143,318
56,335
342. 612
392, 649
025, 934
30, 728
58, 0.1.9
445. 053
3 DO. 674
184/388
320, 351
J, 734. 480
280, 251
bO4, 78.1
1.66, 763
131, 672
154, 455
913,188
490, 582
1, 061, 337
403. 705
04, 581
926. 973
1,200.513
1,5-15.238
1, 106.637
112,839
302, 740
, 129,738
208,254

by purchasing K-nr.k.

35
65
70
15
60
96.62
45
30
30
55
28
45
75
2 80
25
50
65
50
53. 333
89. 5
« 50

Sept. 2,1931

Sept. 30,1931

<J5

50
85
2 98

s 82.5
20
25
95.11
70
60
20
00
60
30
60
25
50
93.1
90
15
45
52. 86
00
50
20
60
20
•'• 2 5

10
60
25
1.0
00
10
20
18
80
20
•15
2

J8
55
80
43.4893
45

Oct.

31,1931

Oct.

28,1931

M a r . 17,1931

1227
1228
1230
1231
1232
1234
1235
1236
1237
1238
1239
1240
1241
1242
1243
1245
1247
1248
1249
1252
1253
1254
1255
1256
1257
1258
1259
1260
1261
1262
1263
1264
3265
12C6
1267
1268
1269
1270
1272
1273
1274
1275
1276
1277
1278
1279
1280
1281
1282
1283
1284
1285
1287
1288
1290
1291
1292
1293
1294
1295
129S
1297
1298
1300
1302
1304
1305
1306
1307

274

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended October SI,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collectionsr and various

Name and location of banks

Date of
organization

Capital
stock at
date of
failure

Date receiver
appointed

First National Bank, El Dorado Springs, Mo
June 30.1911
$o0,000i Sept. 23,1929
First National Bank, Delta, Colo__
_
May 22.1900
50,000 Sept. 25,1929
Farmers National Bank, Red Oak, Iowa
Nov. 9f1901
60,000 Oct. 14,1929
First National Bank, Taylorville, 111
Oct. 9,1886
200,000 Oct. 18,1929
150,000 Oct. 26.1929
First National Bank, New Bern, N. C___
Mar. 18,1929
First National Bank, Clarksville, Ark
Nov. 27,1909
100,000 N o v . 18,1929
National Bank of Lumpkin, Lumpkin, Ga
Aug. 11,1922
25,000 Dec. 7,1929
First National Bank, Tower City, N. Dak
Dec. 9.1903
25,000 Dec. 10.1929
Sept. 2,1907
50,000 Dec. 13,1929
Qriswold National Bank, Griswold, Iowa
do.
Apr. 19,1920
50,000
First National Bank, Grundy, Va
.__
Jan. 16,1922
200,000 Dec. 30,1929
Carolina National Bank, Spartanburg, S. C
Feb. 3,1905
25,000
First National Bank, Greeley, Nebr
do
May 12,1928
50,000 Jan. 7,1930
First National Bank in Mount Sterling, 111.
Dec. 22,1906
100,000 Jan. 8,1930
First National Bank, Sampson, Ala
25,000 Jan. 10,1930
First National Bank, Seward, Pa
Dec. 21,1920
100,000 Jan. 13,1930
Sept. 4.1907
First National Bank, Florala, Ala
25,000 Jan. 16,1930
Nov. 3,1911
First National Bank, Hartsville, S. C.i
100,000 Jan. 18,1930
Aug. 28.1912
First National Bank, Bishopville, S. C
18.1902
25,000 Jan. 22,1930
First National Bank, Burlington Junction, Mo
400,000 Jan. 30,1930
July 6.1901
Dothan National Bank, Dothan, Ala._
35,000
Apr. 16,1900
First National Bank, Humphrey, Nebr
do
May 3,1923
500,000 Feb. 4,1930
Texas National Bank, Fort Worth, Tex
Aug. 28.1901
50,000 Feb. 5,1980
First National Bank, Northwood, N. Dak
Nov. 17.1902
50,000 Feb. 11,1930
First National Bank of Royse, Royse City, Tex
Jan. 16,1922
100, 000
do
First National Bank, Ennis, Tex
25,000
Apr. 11,1917
First National Bank, Roy, Mont.._
do
50, 000 Feb. 17,1U3O
Nov. 6,1905
First National Bank, Brantley, Ala
150,000
do
First National Bank, Gaffney, S. C
— Mar. 11,1897
Nov. 6.1908
25, 000 Feb. 20,19U0
First National Bank, Ambrose, N. Dak__.
Mar. 6,1907
50,000
do
Col ton National Bank, Colton, Calif, i
Apr. 21,1914
25,000 Feb. 2"), 1930
American National Bank, Kewanna, Ind
July 15,1919
50, 000 Feb. 27,1930
First National Bank, Tranquillity, Calif
Oct. 8,1898
50, 000 Mar. 4, 1930
First National Bank, Milford, 111
July 14,1915
25, 000 Mar. 6,1930
First National Bank, Tallassee, Ala
Jan. 15.1903
25, 000 Mar. 8, L930
First National Bank, Edmore, N . Dak
.do.
July 14,1900
40, 000
Commercial National Bank, Chatsworth, 111
Mar. 28, 1918
25,000 Mar. 10, 1930
Citizens National Bank, Streeter, N . Dak
Aug. 24,1905
25, 000 Mar. 12,1930
First National Bank, Rising Star, Tex
Oct. 28,1918
25, 000 Mar. 13,1930
First National Bank, Coffee Springs, Ala
Jan. 1,1891
250, 000 Mar. 14,1930
Commercial National Bank, Independence, Kans
Feb. 10,1915
50, 000 Mar. 17,1930
Security National Bank, Cherokee, Iowa.
May 28,1906
100, 000 Mar. 18,1930
First National Bank, Hazard, Ky.«
May 8,1882
100, 000 Mar. 19,1930
First National Bank, McKinney, Tex.i
Jan. 4.1904
100, 000 Mar. 20,1930
Peoples First National Bank, White Hall, 111
Feb. 6,1903
25, 000 Mar. 24,1930
First National Bank, Wanette, Okla
Sept. 2, 1920
100, 000 Mar. 29,1930
Central National Bank, Bartlesville, Okla
Sept. 18.1905
25,000 Mar. 31,1930
First National Bank, Norris City, 111
Apr. 14.1903
100, 000 Apr. 1,1930
Pana National Bank, Pana, 111
Jan. 24.1906
100, 000 Apr. 9,1930
Farmers National Bank, Oskaloosa, Iowa 1
Aug. 10,1906
100,000 Apr. 12,1930
National Bank of Tifton, Tifton, Ga.
State National Bank, Idabel, Okla
Jan. 17, 1922
50,000 Apr. 19,1930
Jan. 3,1884
50,000 Apr. 22,1930
Saunders County National Bank, Wahoo, Nebr.
First National Bank, Pineville, W. Va.
Mar. 6.1905
25, 000 May 1,1930
Hope National Bank, Hope, N.Dak.i
July 31,1906
50,000 May 12,1930
First National Bank, Jasper, Fla
Jan. 17,1905
30,000 May 13,1930
National Loan & Exchange Bank, Greenwood, S. C . . . Sept. 16.1903
100, 000 May 16,1930
State National Bank, Honey Grove, Tex.*
Sept. 14,1914
125,000 May 19,1930
City National Bank, Shawneetown, 111.1
May 24,1909
25,000 May 26,1930
First National Bank, St. Petersburg, Fla
Apr. 26,1905
600,000 June 9,1930
First National Bank, Bowerston, Ohio* _
\ Nov. 15.1904
25,000 June 11,1930
!
Farmers National Bank, Strawn, 111
do
Jan. 12,1904
25,000
First National Bank, Cheboygan, Mich
_J June 19,1884
50,000 June 12,1930
First National Bank in Poultney, Vt
i Nov. 12,1928
100, 000 June 20,1930
New First National Bank in Farmland, Ind
! Nov. 25,1925
25,000 June 25,1930
do
Oct. 15.1918
First National Bank, Iaeger, W. Va
25,000
First National Bank, Litchville, N. Dak
! June 9,1906
25,000 June 30,1930
25,000 July 1,1930
First National Bank, Williams, Iowa
i Sept. 13,1900
50,000 July 3,1930
Union National Bank, Connellsville, Pa
_.! Aug. 9.1902
400,000 July 7,1930
First National Bank in Fresno, Calif
! Sept. 29.1919
i Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or
to complete unfinished liquidation.

1308
1309
1310
1312
1313
1314
1316
1317
1318
1319
1320
1321
1322
1323
1324
1325
1326
1327
1328
1329
1330
1331
1332
1333
1334
1335
1337
1338
1339
1340
1342
1343
1344
1345
1346
1347
1348
1349
1350
1351
1352
1353
1354
1355
1356
1357
1358
1359
1360
1361
1362
1363
1364
1365
1366
1367
1368
1369
1370
1371
1372
1373
1374
1375
1376
1379
1380
1381
1382




275

REPOKT OF THE COMPTBOLLER OF THE CTJRBENCY

19St, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from aU sources inclurfother data indicating the progress or results of liquidation to October SI, 1931—Con.
Book value of assets at date of
failure

Progress of liquidation 1
date of this report
Additional Total
Tot l
assessment assetsaand j1
received
upon
stock | Cash colsince
shareEstimaited Estimated Estimated date of
holders assessment lections
from
good
doubtful 1 worthless failure
assets
l
$100,651- $133,113;
307, 5311
203, 840
217,766
248,084
525,887
841,377
528,445 1,244,289
150, 757
236,321
40, 373
5.7,401
63,549
38, 795
201,318
222,370
115,938
106,095!
509, 959
413,967 i
212; 117
60,769
159, 213
236,630
87,801
40,355
47,834
121,635
118, 770
289, 702
320
88,988
494,952
142,168
134,840
784,467
611,707
179, 795
133,521
4,418, 264 2, 070, 569
G4,376i
236,112
72, 535
56,024
280,845
269,102
29.144
50,627
53,359
112,645
1,022,251
409,044
64, 838|
46,351
6, 732!
2,071
157,941
73,270
190,440
94, 744
215,477|
149,089
151,600:
105,950
70,317
41,616
167, 012
213,643j
151,038
46,040|
105,942
322,542
38,072
32,128
3,858, 505 1,415,427
105s 900
13,407
57, 212
37,655
241, 374
78, 007
480,350
114,390
318,034

$163,553
90, 903
5,906
207,80"
218,871
152,009
16, 287
3,901
4,412
37, 391
387, 330
58,973
532,793
118, 001
63,127
113, 419
43,739
122, 256
58,242
343,092
69, 618
294,186
39, 897
81,649
55,165
22, 679
29, 591
220,847
10, 761
138, 387
22,221
66,882
72,973
27, 367
42,171
41,712
40,510
3,341
9,402
525,912
78, 737
119,122

307,040
127,487
309,240
63,787
553,102

17,211
28,455
180,233
21, 810
34, 792

249,399
125,044
446,665
118,404
10,856
201,850
27,951
202,100
703, 742
114,613
17,635
41,823
1,977,477 3,905,656
062
32,850
88, 497
38,383
741,050
481,398
141,809
709,925
58,288
87,705
142,692
102,716
149,302
38,016
178,315
55.917
381,48o
376,420
J, 812. (MS 3,950,672,

11G,5O2
67,638
249,688
58,138
60, 382
199
222,790
33,671
11, 095
394, 067
11,869
25, 319
21,020
212,190
5,779
14,141
5,030
4,823
47,611
487,807

307,017
189,027
116,038
154,807




$12,339
37,890
101, 702
110,128
24,911
20, 511
3,791
9,071
103, 722
47,411
61,685
8,072
8,589
17,020
8,475
49,176
36
29, 625
37, 951
37, 739
35,400!
843,5411
31, 273
13, 923
20, 424
23, 507
39,211
47,516
3, 330
1, 554
8,962
43, 713
20, 906
80, 584
2, 875
17,828
79,271!
3,1651
1, 145
240,088!
8,2171
3, 895!
l,074|
19,910!
45,008;
52,3021
8,791 !
20,2&o;
1,648
10,373!
7,902'
57,479
5,448'
2,7541
33, 279
142,973
564|
2,1011
218, 290;
2,485!
4,400,
101,321'
19,578i
15,223!
18,445:
21,549j
20,4501
40,997;
105,1311

$50, 000
50, 000
60,000
200,000
150, 000
100,000
25,000
25,000
50,000
50,000
200,000
25, 000
50,000
100,000
25,000
100,000
25,000
100,000
25, 000
400,000
35,000
500,000
50,000
50,000
100, 000
25,000
50,000
150, 000 !
25, OOOj
50, 000!
25, 000
50,000
50,000
25,000
25,000
40,000
25,000
25,000
25,000
250,000
50,000
100,000
100,000
100,000
25,000
100,000
25,000
100,000
100,000
100,000
50, 000
50, 000
25, 000
50,000
30,000
100,000
125,000
25,000
600,000
25,000
25, 000
50,000
100,000
25, 000
25, 000]
25, OOO!
25,000
50, 0001
40U, OOOj

$404, 050 $135,7251
690,170
279, 576
633, 518
277,113
3,885,199
962,770
2,166,516
352,868
665,598
202, 057
142,852
31, 232|
140,316
38.980;
581, 822 345,6151
356, 835;
99,941
1,572,941
440, 952;
364, 931
116, 940]
987,225
217,839
363,177
76,4131
266, 071
8.1,473
671,127
180. 6231
69,101!
431
835,821
102.926!
398,2011
132.921'
2,177,065!
603.057
453,334|
260,027|
8,126, 5601 4,500.696
421, 658i
107,398
274,1311
82, 750.
725, 536|
270, 509i
151, 017;
34, 390;
284, 806j
01.220j
1,849,658!
939,5651
150, 280i
30. 528
198, 744i
8, 795
287, 394!
130.985
445, 779!
213,766508,445!
207, 714:
390, 513]
147. 137|
190,979;
27', 839!
480,195
181, 786,
341,865!
35, 014
259,990|
70, 451
105,807
27, 521
0,291, 592 3,412,476
256,267
42. 752
317,884
3,001
101,074
1,074
686,141
221,002!
304, 557
134, 244!
1,128,191
750,840;
233,784 \ 91, 020 j
1,026,208!
330,781!
101,6481
1,648;
789,291!
248,572
440,811!
147, 743'f
919,870j
401,488
301,917 i
87, 563;
129,992;
8,050;
2<J3,285|
73,256i
1,43.1,665:
323,838 j
273,8481
30, 564:
i)7,714|
36, 322!
7,095,490; 2,293,436 j
72,8661
9,149
181,665!
85, 090
1,395,395! 1.122, 209]
1,183,502; ' 501,924
191,995!
70,602|
302,994;
225,048,
238.897
04,306!
284; 5111
7G,467|
896, 519!
362,4171
4,756,608i 2,870,575!

,
549,034!
03. 006'
l,020;
29, 350
105,987,
12.5211
23, (>55j
1 1,891
31, 194
21,018
;•., ")00

13,150!
19. DOS
1.474
13,850:
3,96<J,
166.919!
20,1 f>9
35, 702 .
03,344
52,050.
2,8001
41,373|
24, 000:
00, 288:
09, 550
29, 727
1,750,
7, 525J
4,330
f>, 178.
2,837.
30, 329,'
48,900..
18.300.
282,452!
21,600:.
18, 500:
44,700
84,054
19,422
18,998
10,881
15,700
33,099
253,007!

40,505
2,838]
8,432 !
67,831'
2,490
2,932
10,87i;
23,911:
21,771!
50,120!
9,0031
27,'293;

1308
1309
1310
1312
1313
1314
1316
1317
1318
1319
1320
1321
1322
1323
1324
1325
1326
1327
1328
1329
1330
1331
1332
1333
1334
1335
1337
1338
1339
1340
1342
1343
1344
1345
1346
J347

'«; Arcki 134c

1349
1350
1351
1352
1353
13M
11,442 1355
29,330 1356
55,, 054 . 1357
57
7, 5341 1358
27,836! 1359
! 1360
40,753; 1361
48, 838 1362
42, 578 1363
33.420! 1364
I 1365
8,6361 1366
59,134 1367
1368

«J, 961
10, 057
&73, r»28
(>, 453

453.046 1370
1371
3, 702 1372
47, 748 1373
57.412 1374
6,794 1375
22,877 137G
10,489 1379
12, 588 1380
39; 3001 1381
340,8251 1382

276

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended October Siy
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various
Progress of liquidation to date of this report
!
Total collections
from all
I sources,
i including
offsets
!
allowed

3308
1309
1310
1312
1313
1314
1316
1317
1318
1319
1320
1321
1322
1323
1324
1325
1326
1327
1328
1329
1330
1331
1332
1333
1334
1335
1337
1338
1339
1340
1342
1343
1344
1345
1346
1347
1348
1349
1350
1351
1352
1353
1354
1355
1356
1357
1358
1359
1360
1361
1362
1363
1364
1365
1366
1367
1368
1369
1370
1371
1372
1373
1374
1375
1376
1379
1380
1381
1382

$181, 033
405,517
346,621
1,171, 318
408, 078
274, 644
48,844
49,296
397,403
120, 236
636, 535
140,471
249, 544
89,113
94, 505
286, 276
15, 306
179,086
166,728
805,130
294,447
5,208, 261
120, 080
103, 349
374, 740
38, 24.8
99, 002
1,113,383
45, 539
35, 382
156, 747
271, 871
310, 503
202, 757
49, 992
228, 987
72, 9(57
94,271
41,547
4, 552, 923
75, 364
38, 763
64, 418
285, 094
166, 374
847, 267
122, 554
418,905
71, 198
319,052
198, 331
451, 591
125, 319
13, 228
84, 729
413, 301
79, 464
54, 622
3, 029, 534
30, 749
107, 892
1, 214, 657
643, 390
96, 818
266,923
85, 676
104, 755
434, 816
3, 471, 007

Loss on
assets com- Book value Book value
of remain- of remainpounded
ing uncol- ing uncolor sold
lected stock
lected
under
order of
court

$13,919
5,952
38,791
66, 221
15,404
9,282
1,688
692
14,693
34,229
2,097
3,482
3,844
6,028
8,552

33, 252
2,350
2,176
7,929
87,859
16,059
7,837
12,546
37,980
5, 581
2,225
115,290
6,447
1,130
2,954
9,535
2,290
16
3,166
1, 655, 588
17, 244

$247,349
244, 241
238,837
598, 674
1,595,034
301, 260
81,984
71,869
144,058
201,178
824, 268
204, 562
708,199
179,407
147,954
324,859
43, 670
587,787
216,123
1, 099,070
134,158
2,428,971
242,774
126,192
301,916
50,809
159, 573
692, 262
90,037
21, 727
120, 538
151, 655
167,830
165,302
119,602
231,116
243, 082
154, 562
40,063
139, 818
214, 883

1,640
6,746
580
18,154
12,110

351, 457
109,237
221, 717
92,076
555,481

3,616
20,096

190, 614
405, 708
215,928

71,942
4,339
56,831
118, 284

177,054
891, 862

36,392
3, 067, 073
38,717
8,053
59,220
- 49, 785
125,653
25, 401
498,765
86,971
2,628
681,335

3,744
2,292
5.282
122, 928

$22,355
34,460
9,269
48,986
148,000
80,412
10, 336
18,459
25,668
35,421
77,909
17,801
26,000
90,813
17, 584
51,440
10,125
35,696
13,000
270, 689
16,800
401,469
42, 745
37,753
36,334
23,980
20,650
44,013
12,479
26,345
10,109
15,806
28,982
19,500
11,850
20,092
23,526
11,141
21,031
83,081
23,841
64, 238
36,656
47,950
22,200
58,627
1,000
39, 712
30, 450
70, 273
48,250
42, 475
20,670
44,822
27,163
69, 671
76,100
6,700
317,548
3,400
6,500
5,300
15,946
5,578
6,002
14,119
9,300
16, 901
146, 393

Secured and
Book
preferred
value of Dividends Dividends liabilities
assets
paid on • paid on paid except
returned
through
unsecured dividends,
to share- secured
claims
claims
holders'
including
agents
offsets
allowed

135, 358
168, 164
439, 520
1, 016, 280
Including
 dividends paid through or by purchasing bank.



Disposition of proceeds of liquidation

$104,203
132,075
265,878
640,224

$23,091
10,268
1,923
3,011

82, 256
6, 581
19,889
307,685
21,247
294,339
46,359

12,497
3,798
332

8,331
49, 526
112,090

19,347
12,397
10,122

66,952
353, 769
141,442
1,406,861
22,384
85,619
247,800
6,518
55,074
828,220
11,564
890
95,319
145, 365
223, 020
83, 842
10, 485
81,024

952
1, 501
1,780
14,682

881
1,155

2 13, 484

2

30, 305
20, 609
3,283.910
32, 674

19,100
60,000

$58,815
207,933
26,606
420,161
303,147
146,811
22,761
17,825
66,301
62,834
206,958
71,989
198,236
58,321
28,442
121, 046
71,083
40,813
382,152
118,028
3,402, 537
73,066
8,395
78,454
21,953
20, 609
243,7f>4
14, 398
10,796
28,376

103,152
53, 815
74, 673
24,122
87, 074
53,080
41,342
13, 871
1,147.919
13, 492
556

13, 262
58,000

152, 885
56,205
287, 543
88, 470
119, 845

69, 822
90, 477
519, 201
16, 154
213,634

113, 526

2,243
11,505

172, 731
167,138
280,762
66,203
8,000
43,553
181,332
45, 194
33, 716
1,779,952
1,042
15, 732
100, 247
141,066
28,156
49, 213
29,189
61, 693
93, 401
1, 244, 861

20,775

3,450
5,225
32,045
18,326
57, 459

4,413

12,357
180,800
835,376
146
79, 360
994, 387
421, 003
55, 240
2
210, 689
34, 372
22,116
320, 665
2, 045, 973

REPORT OF THE COMPTROLLER OF THE CURRENCY

277

1981, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 81, 1981—Con;
Disposition of proceeds of liquidation—Con. '

Cash advanced in
protection
of assets

$567
3,013
24,945
2,844
480
1,162
57
3,198
141
5, 358
588
5, 783
1,811
305
6,562
25,752
309
48,628
5,070
384
2,731
170
1,577
6,322
8,335
681
1,244
980
1,228
6,325

84
1,475
595
9
99
6,921
1, 459
2, 460
80
16, 595
533
743
9,945
98, 591
4,795
1,691
3
783
5,984
1,745
1,030
13, 743

Receivers'
salary,
legal, and
other expenses

Cash in
hands of
comptroller and
receivers

$13,093
22,415
16,330
24,583
38,423
14,382
12,130
5,866
9,920
9,773
29,741
14,703
17,470
9,095
8,328
13,615
1,482
12,332
20,385
31, 706
15, 213
100, 135
10,304
7,822
17,200
4,022
11,207
24,472
6,338
5,388
10,438
9,401
12,109
12, 767
5, 076
11, 686
8,442
9,047
4,507
45, 303
14. 246
3, 726
201
11,533
12. 259
19,100
6, 530
12, 520
3,07« .
14,001
12, 942
25, 595
6,895
1,635
8,674
29,242
2, 225
1,085
95, 510
2, 592
5,743
16,885
14,144
5, 912
6,789
6,015
7,008
16, 287
62, 460


84644°—32

Amount
returned
to shareholders'
agents
in cash

$4,922
42,527
34,794
38,314
63,664
20,447 _
4,287 I-2,648 ! -10,299 ! -.
.
26,241 !
87,642 ! -.
3,034
33,838
7,251
6,398
19,873
1,427
12,035
105,530
11,751
19,455
250,100
8,304
1,129
28,555
4,084
10,535
10,615 I
3,124
2,945
21,370
12, 973
20,331
24, 269
9,154
48,897
10.840
12; 762
2.093
62, 307
14, 868
13,906
4,217
50, 259
5,181
9, 918
11,301
52, 723
10,120
17, 335
15, 791
145,154
14,851
3,060
15,952
6, 757
1,495
162, 616
4, 276
7, 057
101,447
62, 761
6,727
232
10,116
12,193
3,433
103, 970

-19

Amount of
claims
proved

i Interest Date finally
Dividends
diviclosed or
(pcr cent) ! (lends 1 restored to
'(per cent)
solvency

i

$297, 724
329,822
379,861
852,967
895,494
235,016
65,707

152,871
323,895
141,448
840,963
231,808
442,251
83,399
141, 752
295,136
14,585
446,348
270,191

35
40
70
35
10
35
95
15
35
20
10
35
40
85
15

40
217,589
65
4,018,478
35
222,899 i 10
142,699 ' 60
450,757 : 60
53.613 I 15
122,386
45
1,178,321 ! 70
88, 702 ! 15
51,907 • 30
.
192,994 ; 50
207,662 j 70
70
318, 599
25
334, 4(K>
118,052 ! 10
270,239 ! 30
142,243 '
20
152, 445
55
37, 474
2 76
4,151,848
25
130. 896
18
106,025
60
100, 000
40
382, 283
293,445 , 20
319, 738 I 90
00
147,480
25
532,465
58
100, 000
30
379, 059
127, 081
331,655
10
211,853
42, 587
.10
I
154, 225
20
922, 616
35. 3333
90, 694
30
61, 087
25
3. 369,179
70
25, 977
75
105.813
75
1,326.618
703. 171
60
122. 768
45
234, 099
2 90
137, 535
25
147, 682
15
641. 937
50
2
2, 559,453
80

1308
1309
1310
1312
1313
1314
1316
1317
1318
1319
1320
1321
1322
1323
1324
1325
1326
1327
1328
1329
1330
1331
1332
1333
1334
1335
1337
1338
1339
1340
1342
1343
1344
1345
1346
1347
1348
1349
1350
1351
1352
1353
1354
1355
1356
1357
1358
1359
1360
1361
1362
1363
1364
3356
1366
1367
Aug. 10,1931 1368
1369
1370
1371
1372
1373
1374
1375
1376
1379
1380
1381
1382

278

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended October Sly
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various

Name and location of banks

3383
1384
1386
1386
1387
1388
1389
1390
1391
1392
1393
1394
1395
1396
1397
1398
1399
1400
1401
1402
1403
1404
1405
1406
1407
1408
1409
1410
1411
1412
1413
1414
1415
1416
1417
1418
1419
1420

Date of
organization

First National Bank, Grass Range, Mont
National Bank of Arkansas at Pine Bluff, Ark
Citizens National Bank, Connellsville, Pa_
First National Bank, Fountain, Colo
First National Bank, Vanderbilt, Pa
Citizens National Bank, Galion, Ohio
First National Bank, McLeansboro, 111
._..
First National Bank, Farmersville, Tex.1
Port Newark National Bank, Newark, N. i_
First National Bank, Ayrshire, Iowa
First National Bank, Argyle, N. Y_._
First National Bank, Lometa, Tex
Farmers National Bank, Glenwood City, Wis.
Clymer National Bank, Clymer, Pa
First National Bank, Bart, Iowa
Citizens National Bank, Grinnell, Iowa l 1
Fourth National Bank, Montgomery, Ala. ..
First National Bank, Guthrie Center, Iowa l
First National Bank, Fairview, Mo
Farmers National Bank, Wilkinson, lnd
First National Bank, Altus, Okla
First National Bank, Washbum, N. Dak
City National Bank, Spur, Tex
Farmers National Bank, Howe, Tex._
First National Bank, Martins ville, 111
Hartford National Bank, Hartford, Kans.»
Billings National Bank, Billings, Okla
First National Bank, Villisca, Iowa
First National Bank, Perry, Fla 1
City National Bank, Decatur, Tex.
The Old First National Bank, Farmer City, 111.1
First National Bank, Auburn, Wash
First National Bank, Lindsborg, Kans
:
Peoples National Bank, Brookneal, Va 1
Tug River National Bank, Iaeger, \V. Va.
First National Bank, Elgin, Nebr
First National Bank, Berwyn, Okla
Quincy-Ricker National Bank & Trust Co., Quincy,

Dec. 18,1916
Aug. 12,1915
Sept. 12,1902
Apr. 20,1903
Feb. 21,1906
Mar. 20,1872
Apr. 4,1902
Jan, 18,1887
May 5,1926
June 11,1900
July 12,1906
Jan. 11,1913
Sept. 1,1917
Oct. 10,1910
Jan. 5,1901
Sept. 15,1904
May 24,1901
May 4,1900
Oct. 1,1907
Nov. 2,1908
Feb. 15,1904
June 19,1902
Feb. 4,1915
Dec. 4,1900
Mar. 17,1903
Mar. 27,1906
Nov. 12,1921
May 29,1882
July 11,1905
Dec. 26,1900
May 14,1894
July 10,1914
Nov. 5,1886
Aug. 7,1920
May 5,1923
Apr. 19,1900
Mar. 28,1904

Capital
stock at
date of
failure

$30,000
100, 000
100,000
25,000
25,000
100,000
50,000
50,000
200,000
25,000
30,000
25,000
25,000
75,000
40,000
75,000
500,000
75,000
25,000
25,000
60,000
25,000
40,000
30,000
25,000
25,000
25,000
50,000
50,000
50,000
65,000
75,000
50,000
50,000
50,000
50,000
25,000

Date receiver
appointed

July 9,1030
July 21,1930 i
July 31,1930
Aug. 1,1930 I
Aug. 4,1930
do.
j
do
...
Aug. 6,1930 I
Aug. 8,1930 !
Aug. 12,1930
Aug. 15,1930
Aug. 18,1930
Aug. 22,1930
do.
Sept. 6,1930
Sept. 6,1930
.do.
Sept. 15, J 930
Sept. 17,1930
Sept. 19,1930
Sept. 26,1930
Sept. 29,1930
Oct. 7,1930
Oct. 8,1930
Oct. 11,1930
do
Oct. 17,1930
Oct. 18,1930
Oct. 26,1930
do
do
Oct. 28,1930
Oct. 31,1930
.do.
do
Nov. 3,1930
Nov. 0,1930

June 7,1887
500,000 Nov. 30,1930
Planters National Bank, W'alnut Ridge, Ark
Aug. 24,1921
25,000 Nov. 11,1930
Holston-Uaion National Bank, Knoxville, Tonn
Oct. 13,1891
750. ()00 Nov. 12,1930
1
First National Bank, Charleston, 111.
Jan. 10,1865
100,000
do
National Bank of Kentucky, Louisville, Ky
Apr. 23,1900
4,000,000 Nov. 17,1930
First National Bank, West Salem, 111
Dec. 12,1908
25,000 Nov. 18,1930
First National Bank, Siloam Springs,1Ark.1
Sept. 26,1910
50,000 Nov. 19,1930
City National Bank, Spokane, Wash.
July 3,1923
200,000 Nov. 20,1930
May 15,1907
American National Bank, Asheville, N . C
200,000 Nov. 21,1930
Mar. 7,1925
25,000
First National Bank, Plymouth, 111
do..
Oct. 24,1902
25,000 Nov. 24,1930
First National Bank, Forman, N . Dak
Apr. 4,1903
40,000
First National Bank, Campbell, Mo
do
Apr. 10,1906
50,000 Nov. 28,1930
First National Bank, Westfield, 111
Apr. 21,1915
100,000 .—do
Citizens National Bank, Hendersonville, N . C
Oct. 28,1908
25,000 Nov. 29,1930
First National Bank, Mendon, Ohio
40,000 __-do
First National Bank, Roland, Iowa ._
_. Aug. 17,1918
Nov. 7,1870
100,000 Dec. 2,1930
Merchants National Bank, Burlington, Iowai _ _.
Jan. 11,1902
100,000 - . . d o .
First National Bank, Benton, 111..
May 6,1904
25,000
First National Bank, Deer Creek, Minni
do
!
25,000 Dec. 3,1930 |
First National Bank, Rector, Ark
__. Apr. 17,1916
25,000
First National Bank, Junction City, Ark
.. July 6,1917
do..
Dec. 20,1909
50,000 Dec. 4,1930 i
First National Bank, Newport, Tenn.
Mar. 14,1908
25,000 Dec. 6,1930
First National Bank, Walhalla, N. Dak
Jan. 31,1905
25,000
First National Bank, Gore ville, 111.
do
Dec. 27,1890
100,000
First National Bank, Marion, 111.
_
__
do
Aug. 19,1890
400,000 Doc. 8,1930
Sioux National Bank in Sioux City, Iowa
Aug. 30,1870
1,000,000
First National Bank, Sioux City, Iowa..
.do.
Apr. 24.1891
50,000 —-do
First National Bank, Fulton, Ky
_
Aug. 26,1865
300,000
First National Bank, Charlotte, N. C
do
Feb. 4,1905
25,000 D e c 0,1930
First National Bank, Horse Cave, Ky
Nov. 19,1902
150,000 Dec. 12,1930
Farmers & Merchants National Bank, Tyrone, Pa
i Receiver appointed to levy and collect stock asvsessment covering deficiency in value of assets sold, or
to complete unfinished liquidation.
Digitized for « Restored to solvency.
FRASER
1421
1422
1423
1424
1425
1426
1427
1428
1429
1430
1431
1432
1433
1434
1435
1436
1437
1438
1439
1440
1441
1442
1443
1444
1445
1446
1447
1448
1449
1450



279

REPORT OF THE COMPTROLLER OF THE CURRENCY

1931, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 31, 1931—Con.
Progress of liquidation to
date of this report
Additional
Total
assets
Total :
assessment
received
assets and 1
Cash colupon
OiTsets
since
stock
I Cash col- lections
shareallowed
date of
from
assessment' lections
Estimated Estimated Estimated
holders
and
failure
stock
doubtful worthless
I from
good
settled
I assets
assessment
Book value of assets at date of
failure

I

$74, 489!
$73, 630
913, 376 1, 089,340'
1,234, 247 1,875, 302i
85, 859!
56,961
77, 552;
74,172
493,144!
730,411
276,1201
265, 528

$16, 365
274,851
87, 043
13, 328
16, 205!
56, 032
110,068!

306,884
68,433!
292,638
105,202
91, 532
277,110
75, 226

420, 538!
97,469!
147,874]
38,1621
97,769
361,067
266, 588

~~94~8U|
2091
58, 659i
43,633i
20,4291
117, 632j
17, 3341

1,458,540

1,189, 307

798, 555

37, 871
110,427
241, 689
36, 872
118, 624
21, 479
164,622

49,309
99, 238
371, 709
92, 474
182, 444
89,111
141,238

5. 414
7,095
42,819
9.963
66, 223
5,354
24, 344

120, 450 i
193, 471i
44, 694

36,
306,
366,
.14,

32, 071
70,180
91, 753
84,923!

307,841
116,919
225,799
5, 563
81, 865
34,198

4 H , 1041
98. 288
184, 434
85, 720;
81,7971
37, 768J

721,120
69, 282
5, 325, 303

492j
055i
355;
023;

3, 525, 010
44, 300:
8, 583, 837 •

87, 100
47, 326
55, 364
31, 395
2;). 44! j
1. 153j
">09. 30! !
13,07
039,350

22, 585, 879 11, 610, 702 0, 074,830
15,893
188,473
' 108, 188
64, 64.4
39, 277
148,934
99,412
95, 948
87, 448|
873,096 1,422, 370
57,223
13,421'
77,290
151,108
10,957!
28,067
102,531
4,143
90,186
101.292
39,713 ;
162,966
721,647
295.102
551,835
71,604
75, 55o!
159,078
153,146
5,524!
174,307
315,405 1,216,006
428;
6.290';
170,979:
96,680".
196,362!
137,348
412,442|
88,415:
63,098i
34,990
41,003'
79,589j
1,130,763
771,438!
2,071,566 2,024,755|
3,618, 2361 3,570,636106,820
82,010
947,8321 1,704, 505
241,697
196,139
87,8O2!
608,771!

177,159
940
5,460
10,421;
17,283'
31,179!
7,228!
50,4421
466,264j
941,494
31,365
264,475
15,177*
31)1




$3, 530
152,393
167, 241
4, 766;
58, 317j
124,018;
5,852!
204
5, 757
26,155
31, 501
13,682
34, 723
32,225
13,720
165
789
33, 306
33, 953
21,045
16. 764
62, 303
45, 466
6, :»92j
34,332 i
3.985
83. 735
76. '
J9!i
274
90, 079
50,890
5, 217
30,810!
02, 2S)2|

802
175.

$198,014
$3O,OOo!
$58,445
100,000! 2, 529,960 1,014,682
100,000J 3,463,833 1,628,014
25,000i
185,914
76,952
25, OOOi
251,246
120,167
100,000 1,503,605
603,648
50,000:
707, 568
163, 555
50,204
204
50, ooo: 833, 990 634,050
217,266
25,
86, 773
530,672^
466,888
25, 000
77,680
225, 739;
25,000
81,190
269, 453,
75, 000!
863, 034
282,61.1
40, 000!
412, 868
113, 949
75, 000J
75,165!
165
500, 000 3,947,191 i 981, 310
75, 000!
108,366:
26J
25, 000|
151, 547;
41, 319
25, 000;
262, 805|
92, 741
60,000j
732, 981! 352, 222
25,000;
27, 490
226, 612.
40,000;
03. 479
452, 7 571
30,000
23, 705
152,5361
25,000
97, f "
389, 536
25, OOOi
50, 000i
50, 000
50, 000
6">, 000
75, (K)0
50. 000
50, 000
50. 000
50. 000
25, 00()!
500, 000

218,004
87, 361
704.041 j 260, 449
032,315;
86, 614
2 49, 139
6, 528
05, 274
274
1, 002. 090 413, 03i!
303, 423
183,710
1!
520, 814! 131,313
203. 194!
37,951
305, 395 i 100,080
98.921:
20. 484
5,431,942! 1,
841,410

25, 000
1, 8 %
153, 557 i 42. 148
403, 967!
750, OOOi 15,702,457! 5,
752, 102
654!
100,000!
0541
100, 65 4 i
574. 047i 4, 000. OOOi 44, 875, 4W:23,
912, 054!
15, 3791
25, (XX);
352, 933! 103, 7231
50,000
153.921J...
14, 054i
19,940;
200, 000;
504, 2311
57,541!
200,000, 2,640,455| 1,
001,7361
!
2,936
25,000
175,870.
65, 818'
10, 590:
25,000
225. 722
20,570
1,233:
40, 000
238;093,
34,008
46,445
50,000
400.416
106.414
16,706
100,000' 1,685.350
208,301
6,343!
25,000
337,580
121,981
20,856!
40,000.
393,833
99,220
244|
100, (X)0
100, 244!
244:
174.675
100,000' 1,983, 245, 486,400 1
124
25,000.
32, 782;
3,352|
3, 471:
25,000
301,590'
8,084
25,000
377, 215J 235^ 2941
6,639!
50,000
258,455
574, 779
1,330
25,000,
155,597
13. 512 .
25,000
1.597,
154.417
28,498;
30,943
100.000 2,083,586! 363,073j
111,057
400,000 5,073,6421 1,
515,991!
80f>, 509j
8,936,875 6,414,557|.
56,660:
55,664!
272,658
300,000^ 3,230,681! 772. 0S7J
13! 869!
12,182
25,000 !
490.1951 264,098)
171,852!
15, !>17i
150,000
8G1.920J

$2,152
44, 853
64, 293
3,900
13, 298
71,196
2.600
22,708
3,160
5,661
14,436
38,173i
34, 818
31,874
257, 134
41,800
6, 152
13,768
52,164
10, 384
25, 535
13, 800
4, 200
10,298
39, 350
24,914
20, 200
51,935
9, 865
33,954
15,800
11,874
3, 750
270, 315
2, 556
338, 550
77. 4.00
< 8, 48o
20. 705
15. 050
98. 291
17,295
23,025
5.425
5, 200;
43, 581!
12, 783j
12,350!
17,659;
73,675'
21,550
13,5251
752
2,050
18,300
3, 658
58,200
2,840
13, 637
214,081
11.400
113,989

1383
1384
1385
1386
1387
1388
1389
1390
2,889 1391
14,792 1392
10,545 1393
11, 280 1394
14,805 1595
44, 450 1396
17, 692 1397
1398
1399
33,105 1400
771 1401
13, 640 1402
35, 022 1403
5,492 1404
3,171 1405
10, 484 1406
12, 907 1407
1408
10,817 1409
10,817 1409
2 7 6 5 3 ! 1410
27,653!
11,370' M i l
I 1412

$4. 540
219, 209
63,933
2,772
6,745
134,491
29,776

30.399 1414
7, 562 1415
11,002 1416
1417
5,040 1418
3179! 1419
3,179!
219,617! 1420
8,990, 1421
758,172 1422

156.398 1428
4,8181 1429
3,939! 1430
2,148! 1431
8,69()!. 1432
145,079; 1433
11,740! 1434
16,412j 1435
1436
55,721 1437
1438
6,"l48 1439
6,380 1440
20. 288 1441
4,196 1442
2,787 1443
97,654 1444
493,551 1445.
804,423 1446
6,366 1447
208. 739 1448
24,200 1449
8,576 1450

280

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended October 81,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various
Progress of liquidation to date of this report
I
Total collections
from all
sources,
including
offsets
allowed

Loss on
assets com- Book value Book value
of remain- of remainpounded
ing uncol- ing uncolor sold
lected
lected stock
under
assessment
order of
assets
court

i

1383
1384
1385
1386
1387
1388
7389
1390
1391
1394
1395
1396
1397
1398
1399
1400
1401
1402
1403
1404
1405
1406
1407
1408
1409
1410
1411
1412
1413
1414
1415
1416
1417
1418
1419
1420
1421
1422
1423
1424
1425
1426
1427
1428
1429
1430
1431
1432
1433
1434
1435
1436
1437
1438
1439
1440
1441
1442
1443
1444
1445
1446
1447
1448
1449
1450

$65,137
1, 278, 744
1, 756, 240
83,624
140, 210
809, 335
195, 931
22, 912
104, 725
477, 433
91. 621
.110,431
365, 234
166, 459
32, 039
1, 238, 450
78,166
48, 242
120,149
439, 408
43, 372
92,185
47,989
114,954
108,476
327, 452
122,904
26, 728
55,209
459, 299
225, 226
158,175
49, 825
105,126
33, 413
2,331, 342
53, 694
6,848, 824
78, 054
27,974,491
148, 348
15, 050
112, 945
1, 23o, 429
93, 661
29,934
41,356
158, 685
426,103
146, 071
133, 297
73,919
563, 671
16,877
54, 738
243, 724
303,043
17,708
34,943
518,927
2,012, 382
7,218, 980
75,667
1,195, 507
299, 698
294, 417

$513
2,148
152,302
3,987
9,449
22, 214
54, 634

197, 051
6,546
53,239
1,918
33, 945
2,061

$104, 516
1, 193, 921
1, 519, 584
77, 203
89,885
643, 252
409,603

1,495
1,970
4,961
23,941
"5,"O36"
12,144
6,195
92,611
20, 685
12,021
115, 543
2, 765
58,053
"147,291
"200," 565

63, 583
189
1,1.18
6,1.57
2,260
8,566
24,500
121, 574
240
850
•5,-293"
10, 372
42,260
1,712,874

"I
Secured and;
Book
preferred
value of Dividends Dividends liabilities
paid except
paid on
paid on
through
returned
unsecured dividends,
to share- secured
claims
claims
including
holders'
agents
offsets
allowed

$27, 848
55,147
35, 707
21,100
11,702
28,804 !
47, 400 I
27, 292 !

84,155

21,840 I

111,779
146, 540
427, 028
239,166

19,339 L
10,564 I.
36,827 I.
5,182 !_
43,126 I.
242,866 i.
30,200 I18,848
11,232
7, 836
14,616
14, 465
16, 200
20,800 |

2, 465, 875
82,962
129, 454
280, 776
168, 624
322, 166

88, 347
248, 752
94, 826
353, 795
478,160
516,971
110,130
328,439
147, 504
44, 258
2, 812, 862
77, 419
8,294, 892
12, 778,887
200,290
103, 921
349, 580
1,158, 738
80, 045
175,095
101, 937
229,155
1,169,710
170, 293
213, 695
1, 219, 550
4,190
222, 004
109, 691
240, 036
107, 596
98,132
1, 512,487
2,621,840
5,021
160, 628
1,936, 701
162,009
531,492

14,702
10, 650
25,086
29,800
10,065
65,135
16,046
34,200
38,126
50,000
21, 250
229, 685
22,444
411,450
22, 600
3,921,515
4, 295
34,950
101,709
182, 705
1,975
19, 575
34,800
6,419
87, 217
12,650
22.341
26,325
78,450
11,475
24,248
22,9oO
31,700
25,000
21.342
41,800
397,160

85,319
13,600
36,011
'Including dividends paid through or by purchasing bank.
13,154
14,798




| Disposition of proceeds of liquidation j

$3,630
61,207
7,897
15,000

»15,167
8,149
7,675
2,450

$315,923
1,095,647
8,306
99,691
358, 401
40,671
6

609, 631
37, 803
5 432,050
16,573
49,728
204,878
129,370

30,244
231,080
41,895
33,187
3,957
10, 679

3,671
13,429
19, 531
52,209
6,707
11,038

6

11,935
50,901
07,021
7,274
16, 689
14, 804
40,066

$52,189
811, 601
511,812
64,543
8,187
355,309
129,817
6,889
49,090
21,997
46,368
32,547
94,523
18,005

980,527
33,105
28,615
37,076
308,605
25,626
51,714
27,825
34.338

59,975
255, 374
25, 720

21,062
28,040
70,083
6,335

164,917
118,096
42,839

218, 561
50, 551
80, 645
36,941
49, 378
25, 565
1,050,235
36, 631
2,237,362

758,538
5,968
235, 506 »3,171,169
69,879
514,166, 519 iI,"518,"047'
39, 793
75, 565
100,215
332, 540
605, 746
57,645
27,165
15,133
23, 919
16, 443
117,502
328,985
78,027
37, 751
47,970
50,910
43,721
446, (520
14,400
32,459
172,301
6,587
167,505
62, 726
10,164
13,574
316,265
544,043 1,209,970
3 5,716,685 1,043,828
26,807
231,841
747,407
10, 769
198,290
50, 243
160,892
104,715

EEPORT OP THE COMPTROLLER OF THE CURRENCY

281

1931, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 31, 1931—Con.
Disposition of proceeds of liquidation—Con.

Cash advanced in
protection
of assets

I
Interest Date finally
Amount
Receivers' Cash in returned Amount of Dividends diviclosed or
claims
hands of to sharesalary,
(per cent) dends
restored to
proved
legal, and comptrol- holders'
(per cent) solvency
ler and
other exagents
receivers in cash
penses
i

$279
4,537
4,608
1,473
685
2,153
2,627
39
100
2,301
5, 598

358
330
512
178
5

15, 684
1, 225

$5,297
34,163
25, 553
6,451
3,720
16,740 i
10,186 !
1,403 !
13,662
5,522
5,596
9, 979
6, 289
12, 651
8,158
],795
4, 459
624
3,9(52
5,023
11, 553
4, 5o4
7, 006
2,850
7,190
4,379
8, 572
8,651
862
712
16, 279
5, 237
8,468
1, 257
7, 515
2,125
26,100
4, 924
92, 886

$58, 335
1, 203,690

$7, 372
112,520
114, 990
2, 851
28, 612
16,993
5. 207
6, 509
6, 757
9,083
2, 584
13,552
14,092
48,-431.
5, 328

2,1%, 384
130,778

22, 384
$2, 542
3, 372
2(5,813
18, 530
1, 981
5, 919
2,499
33, 300
19, 389
19, 782
3, 796

132, 921
987, 485
485, 744
50, 000
581,111 M O O
109, 0(57 5 35
435, 400
100
83,170
20
190, 140
30
592, 3(51
35
289, MiH
45
75, 833
39. 8827 j
2, 854, 931
41, 895
J00
30, 783
30
131,323
40
283, 270
35
102,754
10
274, 775
10
59,810
25
208, 542
15
128, 120
464, 324
357,414
44, 764
65, 2(52
559, 020
174. 442
338, 198
84.911

2, 288 !
56,033 i
48,383 !
18,387 I
589 j
48,233 j
12
5,711 i
10, 207
24,130
472,339 !
3, 04"), 021
453
5,718 •
00, .721
2,280
1,109,621
8,510.827
J, 017
7, 158 |
99. 827
554, 228
403, 208
1,332, 399 I
21, 144, 180
25,453 i
7, 537
200, 020
15,050 I
30.855
458
5, 655
6,617
250, f>30
754
20, 903
275, 486
1, 602, 702
4, 057
4, 794
88, 685
5, 575
9, 226
120,089
4,376
8, 120
82, 895
4,204
20, 489
235, 069
117
13, 997
83, 064
549, 528
221
4,722
25. 350
224, 844
360
5,507
28, 550
240, 250
675
29, 523
437,215
750
21, 617
94, 684
676, 250
486
1, 991
24, 000
730
" 5,994
15, 555
130,122
313
5,460
59, 063
287, 981
1,096
7,552
64,164
374, 528
55
2,182
5, 307
52, 254
174
2,808
18, 387
58, 864
3, 991
17,905
180, 766
1, 205, 849
7,200
46, 532
204, 637
2,719, 154
6,907
422, 782
5, 728, 475
28, 778
53
113,488
5, 375
43, 432
14, 470
18, 055
172, 905
1, 309, 077
659
6,478
44, 028
36 L, 097
656
15, 370
12, 784
323, 668
^Dividends paid through or by purchasing bank.
3, 509
2,959
1, 129




50
15
42.5
10
30

50
.35
10
43. 03
80
30
70
lo
13
25
10
40
70
3 07
20
s

4.0
20
05
50
35
20
10
00
60
45

2

20
100
17
50

1384
1385
1386
1387
13S8
1389
1390
1391
1392
1393
1394
1395
1390
1397
Sept. 25,1931 1398
1399
July 31,1931 1400
.1401
1402
1403
1404
1405
1406
1407
.'.Feb. 25, H»3L 1408
1409
1410
1411
I Sept. 30,1931 1412
1413
1414
1415
1416
1417
1418
1419
1420
1421
1422
1423
1424
1425
1420
1427
1428
1429
1430
1431
1432
1433
1434
1435
1436
1437
1438
1439
1440
1441
1442
1143
1444
1445
1446
1447
1448
1449
1450

282

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended October 31,
amounts of total assets at date of failure end additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various

Name and location of banks

Date of
organization

First National Bank, Naper, Nebr__
Dec. 15,1909
Feb. 16,1906
American National Bank, Redfield, B. D a k .
Apr. 3,1906
First National Bank, Ullin, 111
June 22,1901
First National Bank, Elk Point, S. Dak
May 16,1916
Farmers National JL) CvXlJv* .L'CvUl^LLo^ VJ m V*/ _
_ til. XJ.1 V'l O .L ~ Oi vx\ilxOtX Bank, Laurens, S. C _ • — • • _ » « _ — • • • _ * _ «
L
Feb. 28,1906
Benton County National Bank, Bentonville, Ark
Jan. 10,1910
Union National Bank, Fairmont, W . Va
Oct. 28,1915
First National Bank, Goodwin, S. Dak_.
Oct. 10,1908
Kansas National Bank, Kansas, 111
Oct. 28,1*78
First National Bank, Mount Sterling, 111. i
Jan. 21,1918
First National Bank, Sweetwater, Tenn
Sept. 17, 1915
First National Bank, Caruthersyille, Mo_
Sept. 17,1<J14
First National Bank, Capac, Mich
_
July 8,1890
First National Bank, Gastonia, N. C.«_
Mar. 17,1884
First National Bank, Rock Rapids, Iowa
Mar. 19,1906
Farmers National Bank, Inwood, Iowa.
Nov. 26,1000
First National Bank, Laurinburg, N . C
Dec. 12,1902
First National Bank, Ridgeway, Mo
Jan. 34,1902
First National Bank, Tyler, Minn.
Dec. 23,1927
City National Bank in Miami, Fla
Apr. 13,1903
First National Bank, Augusta, 111
Dec. 10,1928
Pecan Gap National Bank, Pecan Gap, Tex.__.
Jan. 4,1915
First National Bank, Hobson, Mont. 1
Feb. 16,1906
National Bank of Greenville, Greenville, N . C.
Apr. 26,l«90
First National Bank, Ladonia, Tex
i Apr. *o, ioyu
First-National Bank, Sesser, 111
I Apr. 25,1907
First• National Bank, Greenwood, Miss..
—
" ••
-~
- ~
- --•
A p r . 2,1904
First National Bank, Plainview, Tex 1
_.
June 16,1900
First National Bank, Connersviile, IndFeb. 13,1865
First National Bank, Titonka, Iowa
Aug. 20,1900
National Bank of Goldsboro, Goldsboro, N . C .
Apr. 28,1896
First National Bank in Harrison, Ark.B
Nov. 9,1915
First National Bank, Ayden, N . C.»
July 29,1915
Interstate National Bank, Helena, Ark
July 23,1918
First National Bank, Eureka Springs, Ark.«
Jan. 2,1907
First National Bank, Rails, Tex
Mar. 24,1926
First National Bank, Kerkhoven, MinnMay 24,1919
J- 11 Oil - - aUlVJUUl JJUIliV, A C I H.UU VC11, J-Vl-^lill
LN
Merchants & Planters National Bank, Dillwyn, Va__. Oct. 27,1919
Aug. 7,1905
First National Bank, Ludlow, Mo. _
Jan. 11,1826
Lawrence Avenue National Bank, Chicago, 111
June 16,1910
First National Bank, Floyd, Iowa
First National Bank, Coining, Ark.i
_
_
_ June 7,1904
July 25,1907
National Bank of Wilkosat Washington, Ga
Dec. 6,1920
City National Bank, Bessemer, Ala
May 19,1905
First National Bank, Rogers, Ark
First National Bank, Brookhaven, Miss
___ Feb. 17,1914
Jan. 7,1902
First National Bank, Litchfield, Minn.L
June 7,1913
First National Bank, Green Forest, Ark.«
Dec. 7,1922
First National Bank, Hoily Grove, Ark. 6
Sept. 5,1925
First National Bank, Brookfield, Mo.__
_
1
Nov. 28,1877
11oward National Bank, Kokomo, Ind. . _
June 10,1922
Planters National Bank, Clarksdalc, Miss
May 3,1883
First National Bank, Meridian, Miss.
Nov. 26,1938
First National Bank, Dardanelle, Ark.<*
May 26,1883
Anoka National Bank, Anoka, Minn
Jan. 8,1906
First National Bank, Clinton, S. C
Mar. 13,1903
First National Bank, Addison, Pa.>
First National Bank, Crestline, Ohio L.
- Nov. 30,1897
First National Bank, Cherokee, Iowa
Aug. 11,1883
First National Bank, Fitzgerald, Ga
Dec. 5,1901
Exchange National Bank, Fitzgerald, Ga_.
May 9,1906
First National Bank, Waverly, 11L
Jan. 7,1902
Fanners & Merchants National Bank, Sheridan, I n d - . Mar. 9,1927
Mar. 23,1321
Peoples National Bank, Osceola Mills, P a .
Apr. 29,1905
Clinton National Bank, Clinton, Mo
Mar. 25,1878
First National Bank, ConnellsvUle, PaJ
Dec. 24,1918
First National Bank, Redmond, Oreg
Feb. 26,1913
First National Bank, Panama City, Fla
Farmers & Merchants National Bank, Rockmart, Ga,. Aug. 17,1916

Capital
stock at
date of
failure

Date receiver
appointed

$25,000 Dec. 12,1930
40,000
do
25,000
(lo:
25,000 ! Dec. 1<5,1930
50,000 •
do
60,000 :
do
420,000 '
do
25,000 Dec. 17,1930
50,000
do...
100,000
do
__
60,000
do
._;
30,000 D e c 18,1930
25,000 I Dec. 19,1930
500,000 Tec. 20,1930
100,000
do
40,000
do
25,000 Dec. 23,1930
60,000 i
do
25,000 '
do
500,000
do . . . .
60,000 i
do
25,000 :! Dec. 26,1930
30,000
do
100,000
do__
100,000 i
do
25,000 i
do
250,000 Dec. 27,1930
100,000 Dec. 29,1930
200,000 Dec. 30,1930
25,000
do..
100,000
do
25,000 D e c 30,1930
7T>, 000 J a n . 2,1931
250,000 J a n . 3,1931
50,000 J a n . 6,1931
25,000
do
25,000
do
50,000 Jan. 9,1931
25,000
do
200, TOO do
25,000
do
I
50,000 J a n . 12,1931
50,000
do
100,000
do
50,000 Jan. 13,1931
100,000
do—
75,000 Jan. 14,1931
25,000 Jan. 21,1931
25,000 Jan. 22,1931
100,000
do
200,000
do
500,000 Jan. 26,1931
280,000
do
25,©00
do
50,000 Jan. 27,1931
108,000
do
25,000 Jan. 28,1931
76,000
do
180,000 Jan. 31, 1931
125,000
do
100,000
do
100, ©00 F e b . 7,1931
50,000 F e b . 9,1931
100,000 Feb. 10,1931
50,000
do200,000 Feb. 12,1931
25,000 . . . . . d o
250,000
do
40,000 Feb. 13,1931
* Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or
to complete unfinished liquidation.
• FRASER
Digitized for Restored lo solvency.



283

REPORT OF THE COMPTROLLER OF THE CURRENCY

1981, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation, to October 31, 1931—Con.
Progress of liquidation to
date of this report
Additional
Total
Total
assets assessment
assets and
Cash colreceived
upon
Offsets
stock
since , shareCash col- lections
assessment lections
allowed
Estimated Estimated Estimated date of
from
holders
failure
and
good
doubtful worthless
from
stocksettled
assets
assessment
Book value of assets at date of
failure

$57,072
346,455
80,878
45,865
18,801
179,307
2,051,566
113,481
175,801
16,210;
104, 786i
414,284j
165,266'

!
$42 154!
29,635
3, 151
22, 559
17,360
78,176'
63,063
32,988
69,298
7,076
8,027
7,261
15,894

$29,018
239,587
103,386
156,698
91,596
461,305
1,318,016!
129,7<Mii
139, 6561
241.217
89, 660
131,194
189.386|

$1,460
37,802.
14,130;
36,667.
35,931!
414,607i
283, 5641
79, 656|
25,373;
432,2511
31,118
29,8251
112,187j

102, 734,
209,006
53,061!
188,623
53,363;
80,011:
117, 569
31,707;
374, 682
146, 541.:
3, 274,828, 3,390,130
206,466
150,583!
48, 599'
76,245
15,982:
67,910
585, 243.
342,969
39,634!
63,190'
98, 526'
167,866!
1,122,053; 1,268,774'
145,264
325,925
9S4,252j
65, 337|
162,563!
161,194!
233, 235.

1)9,1281
7,161
33, 694,
15, 472;
64,443;
671,239!
49,887 :
15,03r
43,01-1
108,28.1'
288,009<
45, f>90:
234,037,
42, (526!
125,350
13,804'
83, 2071

17,659
3,416
14,825'
2,701
15,071
96,665
10, 542
2,810
1,141
7,731 .
J.290
38,483
29,317

1, 231,483

855,325!

28, 909
23, 333
90,445
95,438
200, 336
112,147
3, 967
145, 081
193, 7461
251,159
920,193

72.741
77, 092
131, C29:
31,064!
609, 989'
73, 172
32, 457:
251, 767
514,8711
395, 303;
276, 539;

125,201
87, 261
293, 216!
3,497,157:

94, 4371
344, 212;
1,729,116'
918, 298!

""7l\"468 :
187, 750*
118,202 !

so, ooo;
25,000!
100,000;
40,000
25,000
60,000
25,000:

632, 564
507,733

$38, T.94.
261,334; $16,135j
70,916.
19,100'
78,371!
21,125,
23,442'
4,457!
151,833|
20,605
834. 5101 224,396:
84; 577|
3,082'
125,194]
40, 733
16,000.
5,096
42,975;
82,804
113,050
9,795
62, 324
5,542'

22, 574'
4,521
82,955

25, 000J
250,0001
100. 000'
200,000]
25,000:
100,000;

528, 527 135,980
292,261
111,566
206,893
66,155
227,449
56, 780
625, 737. 218,858
7,932,862: 2,111,310
477,478
116,070
167,685
37,401
158,047
8,963
1,044,224 280,901
492,183
30,575
375,465
73,842
2,904,181 875,014
287.890 .
1,658,101 337, 080
271,225
59,874
660,6511 158,315

I77,937j

43,085;

250,000|

2,557,830!

23, SOo1
12, 104;
14, 478
22,719]
126, 008
18, 787
136, 385

2,043
9, 068
3. (549
2, 740.
10, 558
7, 072

50, 387
117,765
101,189
43,849

127, 200,
7, .108
13, 513;
39,800;
3, 566;

152,258:
25, 771
25, ooo;
147,257
48, 301
25, 000
290, 201
41,005
50, 000
.176,967
74, 004
25,000
200, 000 1,152, 951' 238,402
75, 446
236,178:
25, 000
222,809^
50,000
627, 435! " 76,494
50, 000
933,490J 214,249
100, 000
198, 536
811,164
50, 000J
1,380,381 290,102
loo, ooo! 78, 566
3, 566
75, OOO1

11,339'
521,157 <
610,062,
604, 848'

3,241;_
12, 383!
29,957j
60,903.

481, 6871
184,433!
403, 992!
159, 265
267,541|
118, 662i
243, 623!
64,129'
163, 484 i

$25,000! $154,704
693,479:
10,000 ;
226, 5451
25,000;
286,789!
25,000!
213,688
50, 000!
60,000! 1,193,395;
420,000; 4,137,109
380,831:
25,000!
460,128
50,000.
796,754
100,000
293,591
60,000.

24,219."
47, 810:

46,115;
342, 682.
510, 734|
386, 906i
263,355!
153,399;
308,601;
258, 037;
37,167:
161, 912'
599,097 :
114. 508;

600j
117, 995!
127,105;
81,004!
49, 651
96, 705
105.44"
202, 749
378, 607




57, 203
403, 130!

27.905|

500,000'
60,000,
25,000
30,000:

166" 666!

725,311

200, 000
500, 000

234, 218
1, 165, 013
3,162,351
5,081,206 4,

79, 094
108, 568
764, 575'
364,113

1.00, 345
11, 958

50,000
100,000

838,842
463, 280

272, 873 j
142,366;

127!
275, 960!
121,434 i.
232,206!.
5,912|
2,9041
5, 206
7,153:
1, 588
11,167.
160,143
2, 397

75,000
100, 000

121,842:
1, 240, 629i
918,538;
967, 657
537, 580
546, 631
;)83,383|
682, 3231
617, 362i
326, 840;
1, (506,1201
303,0121

100,000
50,000
100,000
50,000
200, 000
25, 000
250, 000
40,000

127j
295,622;
602,519.
566, 524..
156,798|
83,182j
12o,472 :
194, 491 .
3,615
92, 0021
198, 286:
68,197-

$2,424
31,192
10,616
8,878
42
64,882
82,447
4,328
14,204

1451
1452
1453
1454
1455
1456
1457
1458
1459
1460
10,091 1461
50,83 1462
8, 304 1463
1464
9, 750; 36,012 1465
;
12,230 1466
9, 500
16,090 1467
3,946
6,001 1468
15,900:
10,564
19,550 1409
41,748: 554,594 1470
41,945!
14,090 1471
765:
2,098 1472
1473
400.
92,0911 1474
.14,9.13 1475
2,000
4,394 1176
10,385
26,614 166,81(5 1477
1178
167,491!
61, 075 1479
11, 270
10,048 1480
14,012 1481
22, 200
1482
1483
157, 150 .1181
129,397
1485
3,400 I486
6,418
3,891 1487
10, 519
9,430 1188
32,050
9,560 1489
11, 673
41, 584 1490
24,156
15,120 1491
9, 705
1192
1,000;
21, 360 1493
15,934
69,808 1494
10,575
59,394 1495
22,081
94,403 1496
7,666
1407
11,538
' 1498
:
j 1499
17,946 1500
1501
17, 925
47,726 1502
91,386
219,952i 1503
1504
15,7/2; 1505
16,425
7,280
40,044
72,600

52,048
36,913
43,637
47, 884
1(5, 913
23, 910
21, 694

1507
1508
1509
1510
1511
1512
1513
1514
1515
1516
15,183 1517
16,419 1518
20,030 1519

284

EEPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ejided October 81,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various
Progress of liquidation to date of this report

Total collections
from all
sources,
including
offsets
allowed

1451
1452
1453
1454
1455
1456
1457
1458
1459
1460
1461
1462
1463
1464
1465
1466
1467
1468
1469
1470
1471
1472
1473
1474
1475
1476
1477
1478
1479
1480
1481
1482
1483
1484
1485
1486
1487
1488
1489
1490
1491
1492
1493
1494
1495
1496
1497
1498
1499
1500
1501
1502
1503
1504
1505
1506
1507
1508
1509
1510
1511
1512
1513
1514
1515
1516
1517
1518
1519

$41,018
308,661
100,662
108,374
27,941
237,320
1,141,353
91,987
180,131
21,096
135,877
173,182
76,170

Disposition of proceeds of liquidation

Secured and
Book
preferred
Loss on
assets com- Book value Book value value of Dividends Dividends liabilities
assets
pounded
of remain- of remainpaid on paid except
paid on
through
or sold
ing uncol- ing uncol- returned
unsecured dividends,
under
lected 1 lected stock to share- secured
claims
claims
assessment holders'
including
order of
assets
agents
offsets
court
allowed
$88,686
353,636
115,044
166,146
139,932
916,680
2,800,152
256,342
268, 550
691, 658
140,089
419,177
408,875

$7,317
4,939
8,394
272
10, 584
2,180
600

3,230
1,415

$25,000
23,865
5,900
3,875
45,543
39,395
195, 604
21,918
9, 267
84,000
17,025
40,205
19,458
90,250
30, 500
21,054
44,100
14,436
458, 252
18,055
24,235
29,600

560, 246
81, 792
195,127

3,087
18,180

254, 520
128,45.9
99,042
99,729
362,316
4,746,099
280,004
102, 586
119,084
671,172
346 695
266,468
1, (512,351
187,890
1,059,346
172, 616
369, 544

1,011,858

5,231

1, 420,138

120, 603

98,078
63, 565
189,760
68, 403
672, 965
120, 612
172, 809
479, 345
549, 433
503, 234
889,121

18,582
8,481
17,950
13,327
175,844
15,295
49,000
34,066
89, 425
27,919
92, 334
63, 462

137,084
856,445
1,849,996

182,075
408,614

492,247
206.485

$18,155

78,392

35, 598
68,711
82, 491
95, 237
304, 142
100, 271
1,000
113, 794
294, 632
280, 011
398, 231
15,104
97.040
126, 493
903, 687
4, 584. 065
305, 070 i
199,114 !

4,876
13
20,859
7,314

5,761

6,500

230
695
!
94

54
497,141
7, 950
7, 149

75,065
81, 635
35,176
42,403
114,002

111,085

180,138

84,872
40,322 .
34,270
24 677
76,807 :
1,822,332
63,106
2,982
8,903 :
200,854 ;
32 983
35,867
623, 679

3,776

330, 542
39, 269
26,045

147,946
20,872
145,392

7, 582

321,407

575, 560

35,405
30,102
44,166
79, 038
60,912

19,869
18,228
28,032
39,006
186, 650
26,132

66, 577
25,492

70,863
131,283
126,748
301,130
3,512

81,044
3. 552, 064

38,776
97,558
638,412
898,840

148,752
93, 699

41,539
3,014

28,037
90, 668
94,146

31,761

4.0, 171
34,956
48,715
401,463
11,003
27,400
800,763
677, 422
241,116
356,007
611,650
269
47,952
223, 467
265, 892
10,164
13,087
387, 834
135, 546
10,531
341,115
56,363
175, 374
409,300
50,000
223,023
412,064
1,683
152,116
51,499
192,820
1,835
8,087
124,098
1,109,842
31,579
226,090
238,615
174,713
72
18,306
109,921
Digitized for 2FRASER dividends paid through or by purchasing bank.
Including



37,992 I
86,207
49, 263

98,666

14,615
223,386
100,000
32, 509
13,730
77,800

$22, 551
169,392
50,937
57,089
16,735
153,320
721,885
69,419
63, 529

81, 401

83, 575
f>0 532

182,342
133,302
86, 797
78, 744
248,972
2, 707, 652
172,105
40,864
9, 363
373, 0.52
47, 488
88,621
1,068, 444

$72,256
28,398
25,933

123,370
72,782

9, 257

80, 183

* 5,336
2 5,965

37, 217
* 279,815
2 466,758
2 502,642
318,629
90,469

1,825

39,708
43, 260

63,154
199,612
96,616
85,250
44,623
51,689
133,981
2,277
74,788
89,487
37,007 1

REPORT OF THE COMPTROLLER OF THE CURRENCY

285

1931, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 31, 1931—Con.
Disposition of proceeds of liquidation—Con.

Amount Amount of
claims
returned
proved
to shareholders'
agents
in cash

Dividends
(per cent)

Cash advanced in
protection
of assets

Receivers'
salary,
legal, and
other exponses

Casli in
hands of
comptroller and
receivers

$182
6,886
580
185
364
1, 066
1,846

$4, 313
7,764
5, 352
4,010
4,592
8,248
18, 502
5, 054
C, 602
637
5, 794
6, 633
8,736

$13,972
34,208
15, 395
21,157
6, 250
74, 686
399, 120
17, 514
31,406
20,459
7,194
78, 815
17, 995

$43, 391
455,163
114, 053
133, 820
79, 482
729, 989
1, 897, 525
199, 249
196, 335
125, 234
278, 502
352, 698

65

13, 304
5,113
11,840
4,872
50, 802
820, 401
33, 484
9, 142
101
162, 314
6,551
45, 430
120, 878

215, 855
163, 270
87, 941
77,105
459, 903
3, 201,403
266, 491
103, 997

35
50
40
55
25

366
.1, 639
229
8,271

6, 300
6,167
5, 511
5, 392
5, 700
42, 633
7,036
3,248
299
9,518
6, 315
7,095
17, 793

1,709
219, 775
225, 261
1, 491, 386

20

1,405
43
94

11, 008
4, 960
7,391

69, 345
16, 648
12, 429

1,013,953
197, 555
201,881

33.333
20
15

J3,08L

13, 570

80, 658

315,954

12,315
12, 596
20, 194

66, 975
70, 853
123,020
73, 622
539, 242
153, 481
125, 594
292, 115
536, 030
485,816
3.848
185, 134

202
3, 496
1,467
176
2,801
65
1,400
1, 601
22, 286
1,842

83
2,918
122
3, 629
333
1, 033
970

132
785
2, 014

3,414
2,482
4,080
9,147
10,163
5,506
581
6, 985
7,068
7, 628
16, 679
458
5, 532
2, 623
14, 459
22, 121

27, 691
7, 599
419
4,280
23, 741
47,442
79,452
1,877
20,
25,
80,
109,

25
50
30
60
15
40
10
25
20
5
35

1,138, 751
3, 559,334

15
100
30
50

26, 901
27,113

498, 127
195, 017

8

489
9,670
5,716
6,427
5,170
7,021
8, 47(5
5. 910
1, 083
5,816
13, 677
6.018

2, 457
48, 824

53, 167
640, 550
465, 343
502, 134
237, 262
317, 8."6
329, 504
336, 502
235,026
192,428
403,700
182,994




25
25

90,899

5, 757
5, 520

395
1,199
4,470
190

40

839
527
589
026

290

398
9

20
25
20

14, \ 1.8
83, 501
24,731
83, 132
47, 714
42. 295
i)\ 273
21.021

70
2 100
2 100
2 100
50
30

10
25

Interest Date finally
diviclosed or
dends
restored to
(per cent) solvency

1451
1452
1453
1454
1455
1456
1457
1458
!
1
1459
1460
i
1461
1462
1463
_.
Mar. 12,1931 1464
:::::::::: ._
1465
1466
1467
1408
1469
1470
i
1471
1472
_ _
j
1473
1474
1475
1476
1477
1478
1479
1480
1481
Feb. 20,1931 1482
June 10,1931 1483
::::::„„
1484
—
—
Juno 16,1931 1485
1486
1487
1488
1489
i
1490
1491
1492
1493
1494
1495
1496
1497
IMay 2,1931 1498
June 16,1931 1499
1500
1501
1502
1503
2.5
Mar. 21,1931 1504
1505
1506
1507
1508
1509
Sept. 30,1931 1510
3
1511
do
3
1512
1513
1514
1515
1516
... _ . .
1517
1518
i;
1519

286

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended October 31,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various

Capital
stock at
date of
failure

Name and location of banks

1520
1521
1522
1523
1524
1525
1526
1527
1528
1529
1530
1531
1532
1533
1534
1535
J536
1537
1538
1539
1540
1541
1542
1543
1544
J545
1546
1547
1548
1549
1550
1551
1552
1553
1554
1555
1556
1557
1558
1559
1500
1561
1562
15C3
1564
1565
1566
1567
1568
1569
1570
1571
1572
1573
1574
1575
1576
1577
1578
1579
1580
1581
1582

Date of
organization

Date receiver
appointed

First National Bank, Republic, Pa
First National Bank, Hartselle, Ala
First National Bank, Jackson, Miss
National Bank of Thurmond, Thurmond, W. Va
First National Bank, Fairchance, Pa
National Bank of Toronto, Toronto, Ohio
First National Bank, La Pine, Ala_
Lincoln National Bank, Avella, Pa
American National Bank, Paris, Tex
_
Citizens National Bank, Wilmington, Ohio
Security National Bank, Hope, N. Dak
First National Bank, Stone, Ky
Blossom National Bank, Blossom, Tex
Coolville National Bank, Coolville, Ohio
First National Bank, Veedersburg, Ind
First National Bank, Champlain, N. Y_
First .National Bank, Rouses Point, N. Y.._ 1
Front Royal National Bank, Front Royal, Va.
First & Farmers$NTational Bank, in Luverne, Minn__.
American National Bank, Honey Grove, Tex.1
First National Bank, Portage, Pa__
_.
First National Bank, Springfield, Minn.1
_.
Central National Bank, Ellsworth, Kans
First National Bank, Rockwell, Iowa
First National Bank, Worthington, W. Va
National Bank of Norton, Norton, Va
_
_.
First National Bank, Oak Park, 111.
_
Austin National Bank, Chicago, 111
First National Bank, Ivanhoe, Minn
Orangeburg National Bank, Orangeburg, S. C.1
First National Bank, Macedon, N. Y_
^oodlynne National Bank, Woodlynne, N. J
First-Rempel National Bank, Logan, Ohio
Second National Bank, Altoona, Pa...
Monqgahela National Bank, Brownsville, Pa
First National Bank, Richwood, Ohio 1
_.
Citizens National Bank, Monessen, Pa.
_.
Noble County National Bank, Caldwell, Ohio J
First National Bank, Masontown, Pa
Central National Bank & Trust Company, St. Petersburg, Fla
Merchants National Bank, Point Pleasant, W. Va.1...
First National Bank, Waldron, Ark. _
First National Bank, Langdon, N. Daki__.
First National Bank, Brandt, S. Dak._
First National Bank, Millsboro, Pa_
First National Bank, Tracy, Minn...
Old National City Bank, Lima, Ohio..First National Bank, Winnfield, La. i
National Bank of Kinston, Kinston, N. C
First National Bank, Kinston, N. C
First National Bank & Trust Co., Paris, I1U.
First National Bank, Pomeroy, Iowa
First National Bank, Terra Bella, Calif
Commercial National Bank, Essex, Iowa
Farmers National Bank, Hickory, Pa _ _
Savona National Bank, Savona, N. V
Montgomery County National Bank, Cherry vale,
Kans
Security National Bank, Milford, Iowa
Peoples National Bank, Shakopee, Minn
First National Bank, Dawson, Minn
Overbrook National Bank, Philadelphia, Pa_
First National Bank, Crary, N. Dak
Albany Park National Bank & Trust Co., Chicago,

Nov. 7,1913
Jan. 15,1906
Mar. 14,1885
Dec. 30,1907
Apr. 21,1906
July 30,1907
Aug. 3,1915
May 19,1905
Jan. 23,1907
May 2,1906
Feb. 8,1927
Dec. 3,1920
Mar. 21,1927
Mar. 8,1906
July 3,1917
Feb. 20,1864
Apr. 14,1921
Apr. 10,1883
Jan. 27,1925
Dec. 20,1926
July 18,1904
Apr. 21,1906
Jan. 13,1886
June 11,1912
Apr. 14,1913
Apr. 25,1910
Oct. 31,1919
Feb. 7,1913
Sept. 25,1902
Dec. 24,1914
Dec. 10,1923
Feb. 15,1926
Jan. 24,1905
Aug. 19,1882
Dec. 10,1864
Jan. 24,1908
Oct. 18,1919
Mar. 18,1873
May 10,1900

$50,000 Feb. 13,1931
100,000 Feb. 16,1931
200,000
do
50,000 Feb. 18,1931
25,000 Feb. 26,1931
100,000
do
25,000 Mar. 3,1931
100,000 Mar. 7,1931
150,000 Mar. 9,1931
100,000 .—.do
25,000 Mar. 13,1931
50, 000 Mar. 17,1931
30,000 ..—do
25, 000 Mar. 18,1931
35,000 Mar. 19,1931
100, (KM)
do
50,000
do
50,000
do
100,000 Mar. 23,1931.
100,000 Mar. 25,1931
60,000
do
40,000 Mar. 26,1931
100,000 Mar. 30,1931
25,000
do
30,000 Mar. 31,1931
50,000
do
100,000 Apr. 1,1931
250,000 Apr. 6.1931
25, 000 Apr. 9,1931
200, 000
do
25,000 Apr. 10,1931
50,000 Apr. 11,1931
100, 000 Apr. 16,1931
125,000
do
100,000
.do
40,000 Apr. 17,1931
100, 000
do
60, 000 Apr. 18~1931
100,000
do

Apr. 18,1905
July 18,1865
May 17,1901
Sept. 28,1892
June 2-1,1916
June 11,1904
Feb. 21,1895
Mar. 29,1907
July 21,1915
Feb. 14,1908
Feb. 25,1908
July 16,1885
Dec. 10,1901
Sept. 28,1910
Apr. 22,1901
Aug. 17,1904
Apr. 23,1919

300,000
100,000
25, 000
50,000
25,000
25,000
50,000
300,000
25, 000
120,000
125, 000
150,000
40,000
25,000
50,000
90,000
25,000

Apr. 21,1931
Apr. 22,1931
do
Apr. 23,1931
Apr. 27,1931
Apr. 28,1931
Apr. 29,1931
do
Apr. 30,1931
May 1,1931
.do.
May 4,1931
May 5,1931
do
do
May C,1931
do

May 21,1892
Nov. 27,1908
Apr. 12,1920
June 6,1902
July 1,1924
Aug. 20,1902

50,000
50, 000
25,000
30,000
500,000
25,000

May
May
May
May
May
May

7,1931
11,1931
13,1931
14,1931
15,1931
18,1931

Apr. 13,1920
300,000 May 19,1931
Farmers National Bank, Pomeroy, Wash...
do
July 19,1919
50,000
Citizens National Bank, Odessa, Tex
Mar. 29,1906
50,000
do.
First National Bank, Holton, Kans.. 1
Sept. 27,1883
50,000 May 23,1931
Apr. 16,1925
40,000 May 26,1931
City National Bank, Grand Prairie, Tex. ..
1
Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to
complete unfinished liquidation.


1583
1584
1585
1586

287

REPORT OF THE COMPTROLLER OF THE CURRENCY

1931 y dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources inclvdother data indicating the progress or results of liquidation to October 31, 1931—Con.
Book value of assets at date of

j
j

failure
Additional

Estimated Estimated Estimated
good
doubtful worthless

Progress of liquidation to
date of this report

Total
assets
Total
received assessment assets and
1 Gash colOffsets
since
upon
stock i Cash col- lections
from
allowed
date of
share- assessment 1 lections
holders
failure
from
and
stock
asset s
settled
assessment

j
$45,760
275, 693!
1,388,122 ;
159, 319 1
153.017 !
201,138 !
12, 393 !
455, 468 I
504, 624 I
363, 607
33. 383
318,877 j
19, 049 :
239,135
125,608
658. 870
352, 700
4,316
489, .135
118,958
536,591
98,994
26, 581
216,-151
149,099
1,495.116
79, 236
57 179
126'540
112,865
416, 127
1,996, 352
1,540,211
156,632

$129,178
378,281
837,292
187,277
243.077
833,122
67,615
438,681
790,704
259, 819
146,336
145,376
79,401
112, 516
88,488
818,883
483,105
32,150
235, 474

$48,644
55,390
412,629
21, 536
60, 735
9,160
38,867
126, 453
139,940
173,946
22, 213
32,945
3, 752
26, 815
5, 845
21,140
5, 383
84, 605
257, 656

719,330
40,100
528, 296
108, 590
183,570
115,202
319, 550
1,531,216
157, 133
610,157
147,918
215, 893
480, 238
1, 637, 990
3, 302, 'M1
194,719

131,505
22, 239
176, 583
7, 983
24, 061
25, 854
17, 570
84, 218
12,097
95 958
38' 548
27, 990
103,612
168, 476
392,174
101,097

$47, 353
6,248
35,782
4,970
17,040
61, 625
8, 677
21, 811
32,738
27, 392
82,047
3,318
I, 449
46,432
26,085
49, 763
20,190
19
269,824
96
8,791
13,987
17,358
4,071
2,341
2, 110
18,112
36.703
4, 750
14,211
25, 768
69, 780
79, 302
163, 028
5,038
266
35
29,299

$50,000
100,000
200,000
50,000
25,000
100, 000
25,000
100,000
150,000
100,000
25,000
50, 000
30,000
25, 000
35, 000
100, 000
50, 000
50, 000
100, 000
100, 000
60,000
40, (XX)
100,000
25, 000
30, 000
50, 000
100, 000
250, OCX)
25, 000
200, 000
25, 000
50, 000
100,000
125,000
100,000
40, 000
100, 000
60, 000
100, (XX)

$320,935
$30, 290 :
815, 612
145,750
2, 873,825
953, 599 i
423,102
72,192 !
498, 869
110,188
1, 265, 045
308, 718
152, 552
19,966 ;
1,142, 413
150, 273 i
1, 618,006
363,919 i
924,824
241,078
308,979
33, 627
550, 516
197,850
133, 651
7, 788
449, 898
104,936
281, 096
43. 254
1.648, 656
441,731
911,378
300, .538
171,090
773
1,352,089
292, 551
100, 090
90
.1.038,584
137,059
116,326
140
460, 050
1,358,828
244,638
03,185
266, 553
38, 952
409, 617
116, 545
604,331
135, 979
3. 397, 283
917,361
278. 210
79, 089
903 294
94.732
352, 220
432, 516
99,947
1,199,757
308,974
4, 007. 120 1,162, 524
5,497, 724
890, 534
497, 480
102. 441
266
100, 260
35
60, 035
319, 754
2. 349, 574

300, 000
100, 000
25, 000
50, 000
25, 000
25, 000
50,000
300, 000

3, 612, 793
372, 511
266,836
147, 535
155, 067
177, 044
684,019
3, 299, 800

356, 002

1, 734,037

130, 236

900, 250
38, 291
l i s ! 902
475
43, 536
57, 488
262, 866
1, 409,137

1, 648. 468
4, 780
106| 987
18,081
45,177
80, 312
326, 699
1,181,829

577,393
229 440
12,'337
78,974
9,' 562
2,008
36, 939
274, 678

31, 792
12, 236
7, 515,
134,156

379, 571
99, 154

597, 029
730,812

35, 626
175, 005

19,484
3,940

74,
37,
93,
350,
47'

627
578
989
688
670

89, 483
110,811
137, 609
267,894
75' 917

58,981
.13,555
25,873
60, 786
34^ 435

3,425
24,613;
41,541!
11, 329
11,795

120, 000
125, 000
150, 000
40,000!
25, 000 !
50, 000]
90, 000'
25, 000;

44. 770
61, 057
46,115
106,009
1,144,140
19, 860

171, 599
206, 265
172,182
110,400
2,448, 443
59, 637

60. 287
45
791
60,197
327, 780j
25, 949j

58,370
4,038
2, 965
8, 668
41, 853
999

50,
50,
25,
30,
500,
25,

908, 969
107,062
100,409
188, 561

1, 595,801
163, 243
418, 595
239,124

80, 003
28, 770;
26, 676
117,003

28,342
33, 089
5,540
15, 952

300,000
50, 000i




186,682
8, 610

$9,410
30, 435
67,520
12,300
17, 675
77,799
8,346
34,135
84,706
88, 545
4,750
32, 348
13, 725
13, 980
100
28,725
12,425
40, 602
22, 400
7, (550
16,310
29,050
8,4.58
23,801
12,500
10,100
02, 575
2,000
10,450
17, 802
32,085
56, 578
49,759
18,84o
49, 790
18,721
6, 300

$10,319
5,582
127,935
8,286
12, 777
43, 507
3,206
37, 508
104,850
24, 744
11 149
8,271
463
9,230
4,942
32, 681
20,861
3,31(
27, 141
4,99f
50, 58.r
16,888
1,12<
10,780
27,298
146. 48(
3; .191
19,904
29, 833
45. 684
157,748
197, 607
11,009
13, 252

1520
1521
1522
1523
1524
1525
1526
1527
1528
1529
1530
1531
1532
1533
1534
1535
1536
1537
1538
1539
1540
1541
1542
1543
1544
1545
1546
1547
1548
1549
1550
1551
1552
1553
1554
ir>r>5
1550
1557
1558

776, 665

119,110

99, 030
574
23, 163
36, 849
178,178
702, 460

1,175
2, 250
10, 425
9, 472
17, 500
79,983

1, 151,710
1,133, 941
150,000
266, 516!
211,557
349,012i
780,697!
194,817

101, 457
87, 491

23, 598
19,340

50, 170
67. 027

4, 000
3, 000
17, 432

106. 725
45, 2(iO

18,100

385,026
000
000 i
321, 405
0001
247, 053
000i
315, 274;
000 4, 465, 216
000
131,445

•33, 689
03, 033
94, 068
38. 461
835.333
9, 643

4, 019
6, 725
8,925
11,400
125,558
2, 625

2, 075
9,004
5,649
8,178
73, 289
1,404

.1576
1577
1578
1579
1580
1581

2,919,115
382,164j
601, 220i
610,640;

848, 665
62, 452
98, 940
129.371

60, 720
26, 900
4, 615
8,025

49,210
5,512i
20,6301
28,210!

1582
1583
1584
1585
1586

50, 000|
50.000

no; 715

300,169 1.559
1500
6,642 1561
1562
4,310 1563
4,313 1504
33, 397 1565
72,910 1566
.1.567
21, 515 1568
22,897 1569
1570
6,119 1571
3, 767 1572
7,378 1573
34, 884 1574
6,9.10 1575

288

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended October SI,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various
Progress of liquidation to date of this report

Total collections
from all
sources,
including
offsets
allowed

1520
1521
1522
1523
1524
1525
1526
1527
1528
1529
1530
1531
1.532
1533
1534
1535
1536
1537
1538
1539
1540
1541
1542
1543
1544
1545
1547
1548
1549
1550
1551
1552
1553
1554
1555
1550
1557
1558
1559
1500
1501
1502
1563
1564
1565
1566
1567
1568
1509
1570
1571
1572
1573
1574
1575
1576
1577
1578
1579
1580
1581
1582
].ri83

1584
1585
1586

$50,019
181,707
1,149,054
92, 778
140,640
430,024
31, 518
221,916
553,481
354,307
49,526
238,409
21,976
128,146
48, 296
474,412
350,124
16, 514
360,294
22,496
149, 704
10,450
540,291
88, 531
63,882
139,825
173,377
1,120,416
84, 280

Loss on
Book
assets com- Book value Book value value of
Dividends
pounded
assets
of remain- of remainpaid on
or sold
ing uncol- returned
ing uncolsecured
under
lected stock to sharelected
claims
order of
assessment holders'
assets
court
agents

125,080
147,582
386,743
1,370, 850
1,137, 9C0
132, 355
50, 056
18, 756
339,306

5,839

836,530
76,186
746,887
135,265
196,472
232,292
341,054
2,083,181
170, 509
763,294
212, 584
252,736
737,725
2,561,848
4,309,523
338,137

56, 385

1,860,183

$40,590
69,565
132,480
37,700
7,325
22,201
16,654
65,865
85,294
11,455
20,250
17,652
16,275
11,020
34,900
100,000
21,275
37,575
59,398
77,600
52,350
23,690
70,950
16,542
6,199
37,500
89,900
187,425
23,000
200,000
14,550
32,198
67,915
68,422
50,241
21,155
50,210
41,279
93,700

1,195,944

69,092

2,166,867
272,511
136,164
96,961
100,372
110,882
422,444
2,223,112

180,890
100,000
23,825
47,750
14,575
15, 528
32, 500
220,017

908,738
898,553

96,402
105,660
150,000
36,000
22,000
32,568
90,000
6,900
45,981
43,275
16,075
18,000
374,442
22,375
239,280
23,100
45,385
41,975

106,847
2,824
37,898
50,034
229,075
855, 353

$5, 592
70,915

144

26,820

700
4,300

201
427

7,374

2,222
1,318

140, 570
129, 728
60.289
73, 794
135, 525
141,009
70, 270
59, 783
79, 302
108, 042
58,039
1,034,180
13, 072
958, 595
94, 804
124,185
165,608

Disposition of proceeds of liquidation 1

2,960
15, 541

1,983
14,001
7,047

91,076
119
784
1,000




$230,326
558,688
1,521,376
292,624
350,904
812,820
104,380
854,632
999,231
559,002
239,059
294,395
95,400
310,732
197,900
1,074,244
539,979
117,001
9&5,577

167,267
100,222
180,919
549,088
117,647
277,279
184,767
115,289
238,635
3,056, 594
95,398
1, 630,164
264, 081
430,866
402,059

Secured and,
preferred
Dividends liabilities
paid except
paid on
through
unsecured
dividends,
claims
including
offsets
allowed
$24,726

$2,481

20,060
131,021

119,495
8,871

106,052
117,343
56,424
361,144
276,611

$10,566
71,057
444,543
64,323
49,617
232,219
14,672
69,937
382,404
118,983
38,210
57,998
4,672
56,646
14,524
46, 332
20,939
4,009
240,728

21,000
187,367
37,792
14,245

457,731

53,169
100
265,071
29,816
26,807
101,061
28, 799
666,378
51,011
47,610
86,384
186,426
767,820
489, 674
46,173

25,649
238,012
455,820
3,013

33,412

58,208
17,126
20,888
60,019
665,001
72,409
82,873

79,140

22,152
34,804
37,021
49,894
14,112
43,310
38,833
58,131
31,145
494,621
6,577
681,546
41,592
57,255
87,377

REPORT OP THE COMPTROLLER OF THE CURRENCY

289

1931 y dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 31, 1931—Con.
Disposition of proceeds of liquidation—Con.

Cash advanced in
protection
of assets

$486
1.192
12, 264
96
1.094
138
900
4.27
35
256
154
21
31
42

Interest Date finally
Amount
Receivers' Cash in returned Amount of Dividends diviclosed or
claims
(per cent) dends
hands of to sharesalary,
restored to
proved
(per cent) solvency
legal, and comptrol- holders'
ler and
other exagents
receivers in cash
penses

$98,903
264, 863
1,608, 738
230,417
291,167
055,151
44, 739
796,680
814,690
498,305
29, 648
31.0,166
50, 529
283,123
88,650
1,203,811
691,527
53,159
621,625
100,000
039,148
20, 779
749,492
151,166
123, 848
143.643
334,580
1,806,981
151,955

$3,203
7,371
26, 274
4,134
6,318
9,353
2,482
10, 718
10, 804
7,710
2. 493
5,653
1,805
3,718
2,828
5,217
4,229
233
7, 543
361
5.892
483
10. 248
4,970
4,506
4,537
7. 528
18,071
2,195

$11,038
102,147
065,973
11,684
83,611
57, 293
13,404
31,339
45, 315
227,418
8,669
57,454
15,468
11,316
30,944
61,719
48,344
12.212
112,023
1, 135
89, 991
15,867
76,108
15,425
31,460
18,945
134, 509
440, 531
31,074

1,408

3, 324
7,222
11,547
17,670
17,545
4,884
942
283
7,113

74, 123
53, 739
188,015
133,101
627,263
81, 153
23,465
18,473
92, 773

219,249
211,756
672, 808
1,861,259
3,364, 293
289,046
102, 594
45,945
1,152,558

16,253

37,637

686,234

1,615, 775

122

2,876

2,333
300
2.230
1, 569
3, 695
15,143

9,759
2,524
18,542
28,177
165,361
272,333

135,147
57,886
67,528
75,680
478,434
1,714,668

513
66

7,007
5, 319

66, 641
41, 470

506, (K»
344, 746

637

2,587
1, 720
3,063
5, 698
1,830
3, 237
3,137
2, 241
2, 395
14,792
967
13, 728
3,148
5,890
4,529

34,913
37,270
16,301
85, 940
54, 270
13,040
37,392
48, 270
24,372
514, 065
6,128
253, 034
27, 483
60, 870
73, 590

129,113
89, 443
158, 281
379, 919
136,082
141, 586
154,899
113,111

1

652
1, 497
528
1,109
137
2, 541
1,436
29
237
755
468
3,478
145

77
58
196
127
10, 702
10,287
22, 641
170
110




|:::::::::
::::::::::

524, 644
36, 010
1,259, 798
90, 528
200,381
340, 416

25

1520
1521
1522
1523
1524
1525
1526
1527
1528
3529
1530
1531
1532
1533
1534
1535
1536
1537
1538
1539
1540
1541
1542
1543
1544
1545
1546
1547
1548
1549
1550
1551
1552
1553
1554
1555
1550
1557
1558

10
20

!

15
15
40
20
30
30
21
25
25
10

25
25

25

50

i

Oct.

20,1931

1559
1560
1501
1562
1563
1564
1565
1560
1567
1568
1569
1570
1571
1572
1573
1574
1575
1576
1577
1578
1579
1580
1581
1582
1583
1584
1585
1586

290

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended October SI,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various

Name and location of banks

Date of
organization

Capital
stock at
date of
failure

Date receiver
appointed

Sept. 2,1939
Iron National Bank, Ironwood, Mich
$100,000 May 26,1931
Jan. 14,1903
First National Bank, Smithfield, Pa
75,000 May 27,1931
June 30,1892
McCartney National Bank, Green Bay, Wis
500,000 May 29,1931
Oct. 10,1927
National Bank of Lynwood, Lynwood, Calif
50,000
do
Feb. 24,1908
50,000 June 1,1931
First National Bank, Prattville, Ala
May 23,1900
75,000 June 2,1931
First National Bank, Fowler, Ind
Oct. 12,1917
25,000
First National Bank, Irvona, P a . . .
-do.
Feb. 8,1875
125,000 June 4,1931
Citizens National Bank, Warren, Pa
June 24,1864
First National Bank, Smithfield, O hio»
ioaooo June 5,1931
June 21,1888
6oaooo June 9,1931
15% Washington Park National Bank, Chicago, 111
Apr. 18,1912
1597 Inland-Irving National Bank, Chicago, 111
525,000
-do..
Oct. 16,1908
1598 First National Bank, Mountain Lake, Minn
25,000 June 12,1931
Dec. 26,1923
Commercial National Bank, Hattiesburg, Miss
300,000
-do.
_ Jan. 24,1907
25,000 June 13,1931
1600 Farmers National Bank, Cross Plains, Tex.
1001 Manufacturers National Bank <fe Trust Co., Rockford,
500,000 June 16,1931
111
- Nov. 20,1888
Dec. 27,1904
50,000
3602 Mehaffey National Bank, Mehaffey, Pa._
do
Feb. 16,1925
50,000 June 17,1931
3603 First National Bank, St. Clair Shores, Mich
May 3,1920
200,000 June 18,1931
3604 Security National Bank, Rockford, 111
Mar. 24,1911
25,000
1605 Peoples National Bank, Delmont, Pa
do
_.
100,000 June 19,1931
1606 First National Bank, Downers Grove, 111
- Jan. 31,1910
Jan. 22,1887
100,000 June 22,1931
1607 First National Bank, Chillicothe, Mo
Nov. 11,1915
100,000
1608 Planters National Bank, Saluda, S. C
do.._ _
Mar. 7,1913
250,000
1609 Waukegan National Bank, Waukegan, 111
do
:.
Aug. 4,1905
25,000 June 23,1931
3<>10 Bottineau National Bank, Bottineau, N. Dak
July 3,1902
25,000
3611 Kingwood National Bank, Kingwood, W. Va
_do
May 3, 1904
25, 000 June 27,1931
1612 Merchants National Bank, Willow City, N. Dak
Apr. 18,1924
150,000
1613 Citizens National Bank, Jenkintown, Pa
do
Aug. 27,1870
50,000 June 29,1931
1614 First National Bank, Watseka, 111
1615 Peoples National Bank of Winston, Winston-Salem,
Mar. 24,1890
150,000
do
i
N. C-_
Mar. 18,1903
50,000
1616 First National Bank, Morrisonville, 111
do
i
June 35,1903
50,000 July 2,1931
3617 First National Bank, Elliott, Iowa
Jan. 4,1911
25,000
do
3618 First National Bank, Genoa, N. Y
Oct. 5,1903
25,000 July 3,1931
1619 First National Bank, Bagley, Iowa
Aug. 3,1920
60,000
do
1620 First National Bank, Blfcsfield, Mich
_
Aug. 17,1926
150,000
1623 First National Bank, Dearborn, Mich
do
.:
150,000
1622 First National Bank, Royal Oak, Mich
_.. Feb. 26, L925
June 22,1903
25,000 Julydo 9,1931
3623 First National Bank, Beggs, Okla
May 24,1912
25,000
3624 First National Bank, Federalsburg, Md
do.,
Mar. 6,1884
50,000
1625 First National Bank, Mechanicville, N. Y
do
Oct. 10,1906
200,000 July 10,1931
- 3626 Boston National Bank, South Boston, Va
Jan. 3,1905
100,000 July 14,1931
3627 Second National Bank, New Hampton, Iowa
Mar. 25, 1916
30,000
1628 First National Bank, Scobey, Mont JJ. u
1 n ^ t J. ^ <IK,L\J11CL1 J-'cliixVj UJKsKJKJUj f J.T j . vr
1
-do
Aug. 4,1871
200,000 July 15,1931
1629 Will C t
N t i l B k Jlit
County National Bank, Joliet, HI
Apr. 27,1901
75,000 July 17,1931
1630 First National Bank, Stronghurst, El.i
.._
Apr. 18,1925
1631 Floyd County National Bank, Floydada, Tex
50,000
_do_.
June 25,1910
1632 Walthill National Bank, Walthill, Nebr
25,000 July 20,1931
Sept. 29,1913
lf»33 Third National Bank, New London, Ohio
50,000
do
Sept. 11,1920
1«34 Greenville National Bank, Greenville, Mich
50,000 July 21,1931
Jan. 15,1901
1635 "First National Bank, Greensboro, Ala
100,000
do
Mar. 3,1928
1636 Steel County National Bank, Finley, N. Dak
25,000 July 27,1931
Oct. 26,1887
1637 Virst National Bank, Terrell, Tex.*
200,000
.do.
Mar. 1,1919
K538 First National Bank, Beaverdale, Pa
50, 000 July 28,1931
Aug. 9,1902
1639 First National Bank, Ripley, N. Y
25,000 July 30,1931
.._
July 15,1886
3640 Oconto National Bank, Oconto, Wis
60,000 Aug. 3,1931
g
May 22,1925
3641 Vnion City National Bank, Union City, N. J
300,000 A
Aug. 6,1931
]f>42 National Bank of North Hudson at Union City, N. J. Sept. 19, 1910
600,000
_do
Jan. 15,1908
1643 First National Bank, Boyne City. Midi50,000 Aug. 7,1931
Apr. 22,1908
3644 First National Bank, Ryder, N. Dak
25,000 Aug. 8,1931
_
Feb. 11,1910
1645 First National Bank, Plaza, N. Dak
25,000
d
do
Mar. 15,1917
W4() First National Bank, Van Hook, N. Dak..
25,000
do
July 25,1918
1647 First National Bank, Parshall, N. Dak..
25,000
-do..
Aug. 28.1884
1648 First National Bank, Maryville, Mo
100,000 Aug. 10,1931
Feb. 1,1896
1649 Manufacturers National Bank, Mechanicville, N. Y__
100,000
do
Apr. 2,1923
1650 Columbus National Bank, Columbus, Ohio *
500,000 Aug. 11,1931
Oct. 11,1930
1651 First National Bank, Polo, HI
50,000 Aug. 12,1931
Jan. 17,1917
1652 First National Bank, Blythc, Calif
80,000 Aug. 12,1931
Feb. 8,1929
1653 First National Bank in Mount Vernon, 8. Dak..
25.000
do
Nov. 7,1919
1654 First National Bank, Colony, Kans.
25,000 Aug. 14,1931
1
Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or
to complete unfinished liquidation.


1587
1588
1589
3590
1591
1592
1593
1594
.1595

291

REPORT OF THE COMPTROLLER OF THE CURRENCY

1931, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources include
other data indicating the progress or results of liquidation to October SI, 1981—Con.
Book value of assets at date of
failure

Estimated
good

Estimated
doubtful

Progress of liquidation to
date of this report
Additional
Total
Total
assets
assessment assets and
Cash colreceived
upon
Cash col- lections
stock
Offsets
since
shareassessment lections
date of
from
allowed
Estimated
holders
failure
from
stock
worthless
and
assets
assesssettled
ment

$368,964
116,489
1,137, 924
173,154
106, 554
199, 290
84, 583
403, 964
510
2,863,461
1, 992, 425
185,465
220, 979
29, 72.1

$282,934
$13, 235
497,601
54,119
888,370
1,172,676
58,977
46,967
305, 217
139, 681
160, 236
67, 011
248, 232
7,484
102, 819
637, 076
43, 822
97, 956
4, 086, 761 1, 593, 884
3, 243, 080
468, 707
73,161
29, 354
240, 671
440, 526
110,460
68,418

2, 204,934
253, 287
127, 903
724, 599
150,043
393,110
200,135
83, 470
1,108, 437
126,647
216,699
28, 579
113,617
150,130
343,122

2, 895, 098
407, 484
517,340
1, 272, 625
203, 795
611,020
551,111
435, 128
2,311.901
100.634
01, 438
55, 304
440, 793
189, 075
434, 895

81, 831
23, 343
41, 766
412, 832j
13, 173
50,212
339,941
61,920
57,157
88,245
3,000
39, 661
173,057
40,889
492,121

175. 884
88, 272
108, 327
40, 280
102,293
71, 441)
77, 720
70,244
157, 308
(525, 757
254, 380
585, 245
191,937
617, 400
95, 275
78, 510
89,448
169,754
498,77.1
874, 205
370, 269
502, 037
386, 933
370,051
96, 930
196,110
772, 242 2, 309, 5f>7
2, 803
249,887
84, 851
53,006
49, 461
295,118
203, 733
257, 611
48, 273
241, 418
147,999
181,778
23, 592;

11,859!
55.724!
6| 748!
33,384'
1, 635
24, 820i
70, 962
20, 017
13,567
1.8, 631
293,533
45, 305
1,618
105, 397

151,362
522, 793
246, 153
256, 786
598, 878
94,942
260, 348 1,071,211
2,771,920 7,232,142
303, 497
158, 974
90, 963
43, 111
101, 588
71, 213
183, 400
65, 802
129,704
62,693
382, 258
280, 620
1, 565, 364 1, 636, 261
263,798
210,777
37,875
38,610

69, 728
17, 635
10, 586
25, 501
38,070
11, 201

$100, 000 $768,761 $121,290;
75,000
807,846
80, 397i
500,000 3, 760, 725
798, 380
50,000
347, 569
159,851
50, 000
607, 688
42, 416
75,000
542,206
47, 737|
25, 000
372, 754
31,324.
1, 275, 887
125, 000
338, 203!
212, 296
70, 000
2!
600,000 9, 259, 419 2, 040, 200:
525, 000 6, 277,126 l,410,420 !
349, 574
08, 746;
25, 000
310, 0931
100, 000 1, 006, 223
257, 256
11,997|
25,000

$3,628
64, 637
61, 755
18,471
6, 236
40,669
7, 455
7,028
2
115,313
47, 914
36, 594
4,047
23, 657
21, 246
9,001
39,978
84,803
22, 114
5, 389
5, 307
307
90,888
2, 110
7.910L
' 447;
8, 606
4, 778
i;u>27

I
37,7L855. 597 i
2, OH)
548;
11,3-17!
10, 810|
31,800
9.31.0
' 484
9, 154 ..
l,39f>!
2.484!
'197|
17, 550j.
230;
2, 500:
9,977*
2, 832,
1,004'
7, 370;
3,318.1
1, 065i
5,208.
3, 2231

17, 735
104, 021
95, 220
14,981
23,184
29, 578
27, 340
29,311
11,935
4, 569
13, 417
134,892

107,794i
8,134:
24,931 ;
121!
6,325
2,078
7,494

17,602
105,121
4,732
3,797

2,246
2,149
534
380

256,619
111, 826
157,068
111, 181




$14, 000
21,450
214, 729
7, 034
12, 807
18, 000
3,775
55, 520
13,020
38, 069
16,329
12,025
8,042
4,800

$40, 998
10, 680
123, 920
16,301
11,121
5,416
2, 294
43, 805

1587
1588
1589
1590
1591
1592
1593
1594
1595
1596
1597
1598
1599
1600

500, 000 5,703,109 2,016,999 j
743,175
50, 000
117,694.1
776, 993
50, 000
40, 553
640, 200
200.000 2, 694. 859
414,125
77,105
25,000
189, 327!
.100,000 1.159,737
1.43, 8091
100,000 1.196,494
' 080, 885
23, 3381
100,0001
589,327,
250,000! 3,818,383
402, 630|
25, 000'
38, M:; !
289. 047
33,879;
148,991!
25,6661
9,040!
880, 103:
99, 423
1501000]
441,478'
87, 271
50, 000159,808;
150, OOOi 1, 434, 005

153,286
19, 6-18
15,827
16,198
7,000

205,150
8,903
17,461
129, 327
4,158
19,499
30, 773
15,413
77,211
9,407
4, 653
1.08O
8,901
7, 386
17, 274

1601
1602
1603
1604
1605
1606
1607
1608
1609
1010
16LI
1012
1613
1614
1615

1,689
8, 11,0
6, 22(
0, 029
4, 339
10,73;"
7,123
14,071
4,277
31,305
7, 305
10,087
665
10,717

1616
1G17
1018
101.9
1020
162L
1022
1623
1624
1625
1626
1627
1628
1629
1630
163 L
1632
1633
1634
1635
1636
1637
1638
1639
1640
1641
1642
1643
1644
1645
1646
1047
1648
1649
1650
1651
1652
1653
1654

50. 000'
50, 000
25, 000!
25, 000!
00,0001
150,000
150, 000
25, 000!
25, OOOi
2O6,O6()

100, 000
30, 000
"75,606
50, 000
25,000
50,000
50, 000
100, 000
25, 000
100, 000
50, 000
25, 000
300,
600,
50,
25,
25,
25,
25.

000
000
000
000
000
000
000

500, 000
50,000
50,000
25,000
25,000

303, 733 :
309, 934
208,100.
200, 890;
850, 047 i
1,025,255
1, 002, 099
228,112
298, 253
1,400,701
1, 427, 834
904, 7731

324. 855'
3, 204, 702
77, 800:
454, 702
147, 008
509, 414'
384,217;
528, 4911
248.941'
100; 000
745, 208
033, 025:
794,248:
1, 049, 763!
10, 627, 246'
049, 843'
194, 554:
252, 043=
280, 258
228, 291
078, 373:
3,344,011
500, 000.
590,265i
479,873
225, 209
178,9681

^ 7, 2:-58:
r.0, 570
75, 873,
IT, 813!
109,985
148, 355
f.0, 422
03, 000
77, 000
218,280
00. 379
123,201
2,998
5-13. 943
2, 800
•13,441
9,928
70, 873
;>9, 370
14,043
5, 400;
22, 770
04, 785
122,180
104,359

29, -548
5, 765

3,400
7,938
11,733
3,975
1.1,587
200!
9, 175 i
28, 055
0, 800.:
15,790.

25,719 i
42, 200!
2411
Io~325;.

--mi
21,100'
200;
2,775j
1,650
3, 500!
5,000'

""i.6,805
2, 052
5, 51.6
2, 036
494
2,2S7
5,154
16,054
10.160
12.161

00, 630
3, 079'
2,37li
8.875!
8^ 274-

.1
1,428
114
2,630

134,265 j

31,212
167, 870

271

409,869!
89, 384!
9, 525!.
8, 535j
13,075 !

91,472
3,020
1,088
1,150

16, 753
411
400

REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLJI No. 43.—National banks in charge of receivers during year ended October 81,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various
Progress of liquidation to datc'of this report

Total collections
from all
sources,
including
offsets
allowed

1587
1583
1589
159»
1591
1592
1593
1594
1595
1596
1597
1598
1599
1600
1601
1602
1603
1604
1605
1606
1607
1608
1609
1610
1611
1612
1613
1614
1615
1616
1617
1618
1619
1620
1621
1622
1623
1624
1625
1620
1627
1628
1621)
1630
1631
1632
1633
1634
1635
1636
1637
1638
1639
1640
1641
1642
1643
1644
1645
1646
1647
1648
1649
1650
1681
1652
1663

$176,288
112,527
1,137,029
183,786
66,344
71,153
37,393
437,528
13,022
2,381,617
1,606,109
90,364
347, 628
16,797
2,375,441
146, 245
73, 841
785,785
88. 263
208, 826
204,130
44, 516
666, 538
47, 550
38, 532
13, 526
108, 389
102, 595
188, 815
52, 902
86, 347
82,299
33, 017
143, 279
165,890
73, 335
77,134
81,883
249, 591
99, 403
181,488
3, 904
554, 660
13,191
54, 306
12,705
97,489
61,612
17,312
9, 343
31,430 I
85, 839
132,340 !
170. 520

Loss on
assets com- ; Book value Hook value
of remain- of remainpounded
ing uncol- ing uncolor sold
lected
under
lected stock
assets
order of
assessment
court

$506,473
632,774
2,338,425
107,091
" 14,326" i
504,151
414,053
314,136
708,879
142, 294
0, 315, 871
$8,995 |

887
1, 473
35,477
6, 958
9, 299
~ 15," 358"

2,707
"7," 790"

11,826
2,500
6,433

20, 404

90,031 i
4,507 '
2,485 |.
11,505
8, 548
165, 477
577, 739
91,472
109,157
9,936
10,023
15,548




4,162, 346
24o, 348
f>65,164
220, 259
2. 945, 477
559, 620
068, 979
1,715,973
307, 862

835.553 '
921, 912 1
542,134 !
2,901,845
330,080
250, 515
113,805 i
027,714 !
296, 821 !
1,100,933 i
204, 80C> 1
185,174
158,234
158, 054
073,933 ,
716,165 i
854.554 !
125,978
191,370
1,151,170
1,154,150
665,485 t
291,192 i
2, 650,102 i
338, 570 I
110, 028 i
440,525! :
206,372
413, 954
210, 248
067, 278
527,786
035,498
1, 173, 243
10, 027, 240
509,212
165,047
224, 558
249,753
194,743
512,896
2, 760,272
434,128
419,937
191,274
139,570

Secured and
Book
preferred
value of Dividends Dividends liabilities
paid on
paid on paid except
returned secured
through
unsecured dividends,
to shareclaims
claims
holders'
including
agents
offsets
allowed
$56, 293
74,250
446,241
164,583
46,159
17,569
13,144
89,200

$86,000
53,550
285*271
42,366
37,193
57,000
21,225
69,480
56,980
561,931
508,671
12,975
91,958
20,200
346,714
30,352
34,173
183,802
18,000
100,000
70, 452
94,235
250,000
25,000
21,600
150,000
42,062
138,207
46,025
38,413
24,800
15,825
31,045
143,200
134,210
25,000
25,000
174,281
57,800
29,759
1)4, 675
50,000
24,875
28,900
49,800
1)7,225
23,350
100,000
40,500
20,000
300,000
600,000
50,000
25,000
25,000
25,000
25,000
408,528
46,980
50,000
23,912
23,850

Disposition of proceeds of liquidation

!
!
I
!
!
I
I
j

454, 665
1,197, 682
27,900
223, 304
0, 001
1, 620, 254
53,904
17, 492
497, 802
29,923
66,107
137, 512
21, 915
251,098
29,138
27, 445
5,057
83,922
31, 970
112, 700
35,952 j
14,942
41,946
14,104
82, 770
64,635
7,783
66, 995
4, 290
56, 814
58, 916
16,087
1,722
121, 690
45, 213
4,251
25,942
3Q, 966
11,128
5, 957
5,372
40, 975
86, 368
32, 269
1
1,428
1,315
3, 749
3,044
84,749
383,003
46,699
5,554
3,739
C,528

REPORT OF THE COMPTROLLER OF THE CUEBENCY

293

1931, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from alt sources includother data indicating the progress or results of liquidation to October 31, 1931—Con.
Disposition of proceeds- of l i q u i d a t i o n — C o n .

Cash advanced in
protection
of assets

Receivers'
salary,
legal, and
other expenses

Cash in
hands of
comptroller and
receivers

Amount
returned
to shareholders'
agents
in cash

Interest
diviDividends
dends
(per cent) (per cent)

Amount of
claims
proved

Date finally
closed or
restored to
solvency

i
i

$108
68
28
38
389

$4,575
3,147
Si, 984
4,110
3,268
2,127
3,057
6,551
Ot'Q

120
120
267
12
75
16
13
24

300
58
50
25
57
22
44
3
951

130

25
10
250
27
52

94

4,% 685
26,800
1,901
4,968
2.348
15,125
4,079
3, 551
7,999
2,237
4,254
3,300
2, 250
10, 620
2,102
1, 760
882
1,944
2,120
5,617
1,476
1, 251
1,123
1,088
3,071
4,227
4,7J 4
1,702
1, 590
3, 697
3, 656
2.OJ7
i; 187
5,919
192
1,323
950
1,360
1,779
1, 090
875

$115,420
35,022
680^804
15,025
16,917
51,429
21,154
341, 388
12, 759
1, 881, 267
38], 027
60, 557
119,236
5 388
739,942
87,995
52, 786
279, 909
56, 087
138, 405
63, 305
20 327
404,814
16,310
9 327
7, 587
22, 223
68,441
7t\ 442
15, 449
70,097
39 208
17, 781
57,438
97, 025
59,887
8, 437
75 997
189 080
36, 695
163, 384
995
427,051
12,999
7,770
7, 504
70,167
28,842
5 078
2,511 i__

1,304
2,325
1,778
2,470

24 498
42, 512
44 ^00
142, 723

1,901
421
317
443
519
1,407
2,894
365
1,265
736
598
928

88 729
2,658
853
7,313
4,985
79 321
191,842
91,107
01,193
3,552
5,686
8, 092

84644°—32-




-20

$327,806
365,790
1,853,358
57,207
103, 701
209,872
22, 344
088,036

i

5 314 213
2,306,179
207, 716
504,865
235,402
453,369
254,147
604,683
483,902
298,982
695, 040
125, 049
76, 235
12,955

i

]<)8, 787
505, 731
127, 309
112,555
72 331
441,238
284, 319
119,009
41,215
148,305
1,023,948
418 372
116,079

;
•

"

•

i

80, 299
22,239
337,569
j

—

—

25,002
277,117
250, 299
321, 583
463,883
31,929
OD, 596
23,732
14,391
008,031
264, 255
92, 200
IS, 091

—

1587
1588
1589
1590
1591
1592
]593
1594
1595
1596
1597
1598
1599
1600
1601
1602
164)8
1604
1606
1006
1607
1608
1609
1610
1611
1612
1613
1014
1615
1610
1617
1618
1619
1620
1021
1622
1623
1624
1625
1626
1627
1628
1629
1030
1631
1632
1633
1634
1635
1630
1637
1 1638
1639
1640
1641
10-42
1643
1644
1645
1640
1647
1648
1649
1650
1651
1652
1653
1654

294

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended October Sl\
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various

i Capital
Date of
! stock at i Date receiver
organization ! date of I appointed
1 failure

National Bank of Monticello, Monticello, Ind. 1
June 14,1926 |
First National Bank, Lehigh, Iowa
June 15,1901
First National Bank, Fairchild, Wis
_
May 9,1904
United States National Bank, Los Angeles, Calif
Feb. 11,1905
First National Bank, Bancroft, Idaho
Apr. 15.1918
First National Bank, Wauseon, Ohio
' Oct. 22,1903
Farmers National Bank, Bridgewater, S. Dak
j Sept. 28.1904
Peoples National Bank, Latrobe, Pa
I Jan. 14.1901
First National Bank, Sweet Springs, Mo
_J May 31.1919
Queensboro National Bank of the City of New York, | June 11.1923
New York, N. Y.
i
1665 Farmers National Bank, Fairfax, S. Dak
_
j Mar. 9,1929 i
1666 Prineville National Bank, Prineville, Oreg
Feb. 27,1925 :
1667 First National Bank, Lyons, Oa
! Aug. 30.1905 ]
1668 First National Bank, Vidalia, Ga
i June 21,1910
1669 First National Bank, Westbrook, Minn
i July 15, 1902 !
1670 First National Bank, El Paso, T e x . . .
-, May 25,1881
1671 First National Bank, Coin, I o w a . . .
June 3, 1904 '
!
1672 First National Bank, Randolph, Iowa
June 27,1905 i
:
1673 First National Bank at Smithficld, Ohio
Jan. 17,1928 i
1674 National Bank of Defiance, Defiance, Ohio
• Apr. 16, 1930 ;
1675 Security National Bank, Mobridge, S. Dak
Dec. 5, 1919 !
1676 First National Bank in Alexandria, S. Dak
Oct. 18.1924 :
! Aug.
1677 First National Bank, Eudora, Ark
15, 1925 :
1678 First National Bank, Mora, Minn
; May 18,1904 i
1679 Plainviow National Bank, Plain view, Tex
I June 15,1910 i
1680 Limon National Bank, Limon, Colo
Feb. 10, 1920 !
1681 First National Bank, Merrill, Iowa
' Aug. 3.1916 I
1682 Roeka\vay Beach National Bank, New York, N. Y___. June 21., 1922 •
1683 Labor National Bank of Montana at Three Forks, Mont.! Mar. 28,1923 j
1684 Bank of Pittsburgh National Association, Pittsburgh, i
Oct. 3, 1899 j
Pa
1685 Peoples National Bank, Salem, N. Y
June 21. 1884 |
1680 Fanners National Bank, Trafalgar, Ind
' Sept. 27, 1904 !
1687 Inkster National Rank, Inkster, Mich
; Dec. 16.1925 !
1688 Rogers Park National Bank, Chicago, 1. 1
1
_• Dec. 16, 1912 i
1689 First National Bank, Lynchburg, Ohio
, June 11.1920 i
1690 Commercial National Bank & Trust Co., St. Joseph,
Sept. 15,1900 .
Mich
1691 First National Bank, Uankinson, N. Dak
! Mar. 14.1902 !
1692 First National Bank, Midland City, Ala
j Nov. 27,1900 !
1693 Aldcrson National Bank, Alderson, W. Va
i July 19.1909 I
1694 Highland National Bank, Pittsburgh, Pa
! July 10.1923 i
1695 First National Bank, Viborg, S. Dak... _
: Dec. 6, 1915 !
1696 Ogden National Bank, Chicago, 111
• Nov. 24, 1923
1697 First National Bank, Fort Mill, S. C.
; Feb. 21, 1911
Farmers National Bank, New Bedford, 111
; Oct. 6.1917
First National Bank, Bode, Iowa.
'• Mar. 29,1913
May 22, 1900
1700 First National Bank, Sisseton, »S. Dak
2. 1805
1701 First National Bank, Ilagerstown, Md
: May
1702 First National Bank, Reed Cit v, Mich
j Aug. 26, 1890
1703 First National Bank, Richwood. W. Va
: Oct. 17, 1900
1704 Peoples National Bank, Pulaski, N. Y
1 Sept. 6, 1915
1705 First National Bank, Unionville, N . Y
I July 26, 1919
1706 First National Bank, Fleischmanns, N. Y
Apr. 30, 1907
1707 First National Bank, Orbisonia, Pa
Jan. 2,1908
1708 First National Bank, Kewanee, 111
Nov. 23.1870
1709 Security National Bank, Bowie, Tex
I Jan. 28, 1925
1710 San Angclo National Bank, San Angelo, Tex
Oct. 1, 1884
1711 National City Bank, Ottawa, 111
I June 26, 1805
1712 First National Bank, Elba, Ala
- July 20, 1903
1713 Ashland National Bank, Ashlaud, Ky
June 22. 1872
1714 First National Bank, Smithvillc, Tex
. . . Nov. 11.1903
1715 Calumet National Bank, Chicago, III
Dec. 20,1883
1716 First National Bank, Newton, Iowa
Jan. 30,1882
1717 First National Bank, Colville, Wash
Feb. 3,1900
1718 Peoples National Bank, Point Marion, Pa
J une 18,19O'.»
1719 National Exchange Bank, Weston, W. Ya.-- Oct. 23, 1805
1720 Planters & Merchants First National Bank, South
Mar. 15,1907
Boston, Va
1721 First National Bank, Cartervillc, 111
Aug. 10, l<H)o
1
Receiver appointed to levy and collect stock assessment covering deficiency
to complete
unfinished liquidation.
1655
1656
1657
1658
1659
1660
1661
1662
1663
1664



$40,000 Aug. 15,1931
25.000 Aug. 17,1931
25,000 Aug. 18,1931
1,000,000
.do.
25,000 Aug. 20,1931
50, 000 Aug. 22,1931
25,000 Aug. 24,1931
200, 000
do
50, 000)
do
200, 000 Aug. 26,1931
25, 000
50, 000
25, 000
35,000
30, 000
1,000,000
50, 000!
45, 000
50, (XX);
150,000

50, ooo;

do
Sept. 1,1931
Sept, 3,1931
.do.
Sept. 4,1931 I
.do.
Sept. 8,1931
do
Sept. 10, 1931
do
Sept. 11,1931 |
do
j
Sept. 12, 1931
Sept. 14,1931 I
Sept. 16,1031 i

50.000 1
40,000'
25,000
125, 000
30,000!
do
j
40,000 Sept. 18, 1931 !
200,000 Sept. 19,1931 |
25,000
do
3,000, 000 Sept. 21,1931
40, 000 Sept. 23,1931
25, 000
)
do

:

25,000|
do
100.000 Sept. 24,1931 I
50,000j Sept. 28,1931 j

2OO,OOo'
do
'
30,000;
do
35,000:
do
25.0001
do
200,000
do
40,000 Oct. 1,1931
200,000:
do
40.000
do
25,000;
do._
25,000'
do
75,000
do
.
lf>O,OOOj Oct. 5,1931
100,000
do
40.000
do
.
50.000
do
30,000
do
25,000
do-______
50,000:
do
125.0001 Oct. 6,1931
50,000
do
300.000'!
do
200,000
do
100,000;
do
800.0001 Oct. 7,1931
50,000'
do
400.000
do
100.000 Oct. 8,1931
6 0 , 0 0 0 . . . do
50,000
do
150.000: Oct. 9,1931
125.000' Oct. 10.1931
50.000
do
in value af assets sold, or

295

REPOET OP THE COMPTROLLER OF THE CURRENCY

1931, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October SI, 1981—COD.
Book value of assets at date of
failure

Progress of liquidation to
date of this report
Additional
Total
asset s
Total
assessment
received
assets and
: r a s h colupon
since
stock
('ash col- lections
Offsets
shareEstimated
date of
from
allowed
holders assessment lections
worthless
from
failure
and
stock
assets
settled
assessment j

Estimated
good

Estimated
doubtful

$4,009
43,170
38, 412

$701
235,996
113,810

$51, 152
3, 860
6,121

546
421
586
278

20. 736
392, 852
182,607
1,730,602

49, 232
41, 722
30, 474
238,166

780, 346

1,765,166

34, 299

48,605
28,303
127,754
169, 230
187, 294
5,084, 125

149,136
100,658
34, 702
91,055
191,791
3, 787, 251

1,784
41,704
26,153
135,037
17,017
835, 723

32, 859
482, 377

286, 687
761,960

1,425
269,626

128, 368

333, 352

17,687

50,000

529,407

113,279
41.5,741
71,963

256, 166
1, 182,118
75, 823

6, 748
404, 860
2,310

25,000

30,412

128,252

17,916

401,193
2 002 719
180,096
40,000
200,000
201, 580

62, 520
41,745

52, 30J
239, 375

22, 136
8,447

412.844

1.856, 165

1. 219,425

j

35,
224,
94,
1, 103,

$12,156
26, 488

-

$55, 862
$25,000
320,182
25, 000
209, 831
1 000 000 1 000 000
25, 000
136,649
50,000
708, 995
25, 000
332 667
200,000 3, 272, 046
50, 000
50, 000
200, 000 2,779, 811
25, 000
25, 000
35, 000
50, 000
45, 000
50, 000
150,000

30,
40,
200,
25,

000
000
000
000

3 000 000
40. 000

$!,S00 ;
100!

$33,615
14,514
8,758

395
•

i

224, 525
170, 665
213, 609
430, 322
396,102
9,707 099
50,000
45,000
370,971
1,663,963

3, 000, 000
40, 000
136,957
289, 567

:

!

i
""

" "
•

i

1

1655
$6,389 1656
1,790 1657
1658
776 1659
1660
1661
1062
1663
1664
1665
1666
1067
1668
1669
1670
1671
1672
1673
1674
1676
1677
1678
1679
1680
1681
1682
1G83
1684
1685
1686
1687

50, 000

407, 755

103, 157

39, 675

125,390
165,412

204, 154
385, 314

50, 000

1689

30,000
35,000
25,000

3, 488, 734
30, 000
35,000
575, 587

40 666
25, 000
25, 000

379, 655
744,169
40 000
25,000
150, 801

1690
1091
1692
1693
1694
109.">
1696
1697
1698
1699
1700
1701

50, 106
193, 443

-

"

•

i

17,298

97, 510

10, 993

1,381,464

1, 853, 307

54,30r

3, 289, 072

348,561

114, 445

25, 873

488, 879

316,513
112,495

214,053
485, 300

2, 977

533, 543
597, 795

355, 425

835, 070

182,284

1, 372, 779

109, 408

144, 665

57, 112

311,185

184, 479

336,931

9, 217

60,600
530, 627

1713
1714
1715
1716
1717
1718

109, 729

302, 490

12,235!

424, 454

1720
1721

50, 000

60, 000




50,666

'

i

- -

1703
1704
1705
1706
1707
1708
1709
1711

296

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended October 81,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various
Progress of liquidation to date of this report

Total collections
from all
sources,
including
offsets
allowed

1655
1656
1657
1658
1659
1660
1661
1662
1663
1664
1665
1666
1667
1668
1669
1670
1671
1672
1673
1674
1675
1676
1677
1678
1679
1680
1681
1682
1683
1684
1685
1686
1687
1688
1689

Loss on
assets com- Book value Book value
pounded
of remain- of remainor sold
ing uncol- ing un collected stock
under
lected
assessment
order of
assets
court

$41,804
16,404
9,929

1690
1691
1692
1693
1694
1695
1696
1697
1698
1699
1700
1701
1702
1703
1704
1705
1706
1707
1708
1709
1710
1711
1712
1713
1714
1715
1716
1717
1718
1719
1720
1721




$55,862
255,178
168,527
102,115
658,995
307,667
3,072,046
2,579,811
199, 525
170, 665
188,609
395,322
396,102
9,707,099
320,971
1,513,963
479,407
376,193
2,002,719
150,096
176,580
136,957
289,567

Disposition of proceeds of liquidation

Secured and
Book
preferred
value of
liabilities
assets Dividends Dividends paid except
returned
paid on
paid on
through
to share- secured
unsecured dividends,
holders'
claims
claims
including
agents
offsets
allowed

$23,200
21, v 00
1,000,000
24,605
50,000
25,000
200,000
50,000
200,000
25,000

$6,389
5,245
872
!
]

25.000
35,000
50,000
45,000
50,000
150,000
50, 000.
25,000
30,000
40,000
200,000
25,000
3,000,000
40,000
50,000

3,488,734
550,587
379,650
744,169
125,801

.30,000
35,000
25,000
40,000
25,000
25,000

3,289,072
488,879
533, 543
597, 795
50,000
1,372,779

1

311,185

630,627

424,454

60,000

•

REPORT OF THE COMPTROLLER OP THE CURRENCY

297

1931, dates of organization, appointment of receivers, and final dosing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October Slt 1981—Con.
Disposition of proceeds of liquidation-—Con.

Cash advanced in
i protection
of assets

Receivers'
salary,
legal, and
other expenses

Cash in
hands of
comptroller and
receivers

Amount
returned Amount of
claims
to shareproved
holders'
agents
in cash

$1,643
844
471

$33,772
10, 315

$132,059
68,806

8,586

24, 222




!

i

Dividends
(percent)

Interest Date finally
diviclosed or
dends
restored to
(per cent)
solvency

1655
1656
1657
1658
1659
1660
1661
1662
1663
1664
1665
1666
1667
1668
1669
1670
1671
1672
1673
1674
1675
1676
1677
1678
1679
1680
1681
1682
1683
1684
1685
1686
1687
1688
1689
1690
J691
1692
1693
1694
1695
1696
1697
1698
1699
1700
1701
1702
1703
1704
1705
17OJ
1707
1708
1700
1710
1711
1712
1713
1714
1715
1716
1717
1718
1719
1720
1721

298

REPOKT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended October 81,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various

Name and location of banks

1722
1723
1724
1725
1726
1727
1728
1729
1730
1731
1732
•1733
1734
1735
1736
1737
1738
1739
1740
1741
1742
1743
1744
1745
1746
1747
1748
1749
1750
1751
1752
1753
1754
1755
1756
1757
1758
1759
1760
1701
1762
1763
1764
1765
1766
1767
1768
1769
1770
1771
1772
1773
1774
1775
1776
1777
1778
1779
1780
1781
1782
1783
1784
1785
1786

National Bank of Fayette County, Uniontown, P a . . .
First National Bank, Carey, Ohio..
Moshannon National Bank, Philipsburg, Pa
National Mohawk Valley Bank, Mohawk, N. Y
Farmers National Bank, Leechburg, Pa
Main Line National Bank, Wayne, PaFirst National Bank, Hastings, Nebr._.
First National Bank, Belington, W. Va
First National Bank, Fairview, W. Va
_
First National Bank, Deer Trail, Colo.._
_.
First National Bank, Fort Stockton, Tex
First National Bank, Chase City, Va
First National Bank, Pollock, S. Dak
Citizens National Bank, Vandergrift, Pa
First National Bank, Auburn, Nebr
Farmers & Merchants National Bank, Webster, S. Dak
Houston National Bank, Dothan, Ala
First National Bank, Stewartville, Minn
National Bank of Sidney, Sidney, Iowa
Gary National Bank, Gary, W. Va
First National Bank, Anawalt, \V. Va_
_
First National Bank, Bishop, Tex
First National Bank, Mathis, Tex.
_
First National Bank, Fennimore, Wis___
First National Bank, Yuma, Colo
_
First National Bank, Brunswick, Mo
First National Bank, Isanti, Minn
First National Bank in Versailles, Mo
West Side Atlas National Bank, Chicago, 111
.
First National Bank and Trust Company, Mcrchantville, N. J
First National Bank, Elizabethton, Term
Westmont National Bank, Westmont, N. J
First National Bank, Roxboro, N. C
First National Bank, Erie, 111
Belvidere National Bank, Belvidere, N. J
Lyon County National Bank, Kock Rapids, Iowa
First National Bank, Cow en, W. Va
First National Bank, Terra Alta, W. Va
First National Bank, Lake City, Iowa
First National Bank, Turkey, Tex
First National Bank, Baldwin Park, Calif
First National Bank, Doon, Iowa
First National Bank, Blockton, Iowa.
_
City National Bank, Herrin, 111
Citizens National Bank, Prosperity, S. C
_._.
First National Bank, Newark, N. Y...
First National Bank, Lake Village, Ark
First National Bank, Dexter, Mo
Exchange National Bank, Pittsburgh, Pa
Citizens National Bank, Kokomo, lnd._
Commercial National Bank, Eufaula, Ala
First National Bank, Gracevillc, Fla
Wilcox National Bank, Wilcox, Pa
City National Bank, Paducah, Ky
'
First National Bank, Cardington, Ohio
Peoples National Bank, Blairstown, N. J.
First National Bank. North Rose, N. Y...
National Bank of Albion, Albion, 111
Monongahela National Bank, Pittsburgh, Pa.
Traders National Bank, Buckhannon, W. Va
First National Bank, New Windsor, Md
Citizens National Bank, Philippi, W. Va_
First National Bank, Buchanan, Mich
First National Bank, Newburg, W. Va._
First National Bank, Sycamore, 111-

• Capital
Date of
; stock at,
organization 1 dare of
j
failure

Dec.
Jan.
May
Apr.
Sept.
Jan.
May
Feb.
June
Dec.
Aug.
June
Aug.
May
May
Oct.
Sept.
Apr.
Sept.
Dec.
May
Doc.
Aug.
May
Sept.
July
Juno
Aug.
May

19,1864
23,1902
3,1865
14, 1908
22,1924
23,1881
4,1903
8.1912
27.1919
12,1910
23.1908
27,1918
22.1905
12,1885
27,1900
22,1905
11,1900
3,1898
3,1930
2.1913
10,1924
20.1920
17, 1909
2,1911
8,1889
1, 1914
5.1929
5,1917

Date receiver
appointed

$500,000 Oct. 12,1931
25,000
do__
150,000
do
100,000
do

.do.
50,000:
do
50,
Oct. 13,1931
200,
do
40,
do
30,
do
25,
do
50,—,
do
100,000!
do
25,0001.
do
125,000i
do50,0001
Oct. 15,1931
150! ooo|
do
do
60^000 ....do
100,000
.do.
50,000
do
25,000 .....do
25,000;
do
50, 000 Oct. 10,1931
40,(X)0|
do.
50,000,
do.
25,000! — d o
30,000'. ....do
200,000! .—do

Grand Total (812 Receiverships)

100, 0001 Oct. 19,1931
75,000. ..—do
25,000 _—do
i5O,ooo;
40, 0001 .....do
100, 000 .—do.
75, 000 Oct. 20,1931
do.
25, 000
25.000 ..-.do
50; 000 Oct. 22,1931
.do.
25, 000 .—do
35,000
do
50,000 -—do
25,000
.do.
60, 000 ....do
50,000 Oct. 23,1931
150, 000 ...do
50, 000 ...do
CO, 000
.do.
750,000: ....do
350, 000; Oct. 27,1931
150,000 ....do
35. 000 - . - d o
25, 000! Oct.
300,000 Oct. 28,1931
60,000 -...do29,1931
60,000
do.
50,000
do
50,000
do
1,000,000
do
50,000
77, (XX) Oct.do
30,1931
50,000
do
50,000
do
25,000
175,000 Oct. 31,1931
81,606,500

Total Active (713 Receiverships)
Total Closed (91 Receiverships).Total 1931 Failures (369 Receiverships)

75,799,500.
'5,807,000:
46,862,000.

June 21.1906
Aug. 31.1909
JNlar. 11.1924
July 10,1918
July 28,1903
Apr. 10,1865
Dec. 15.1903
-May 19,1914
Aug. 4,1903
J une 21,1894
Jan. 16,1918
Dec. 30,1914
Apr. 15, 1903
May 3,1906
Apr. 24, 1907
May 29.1925
Mar. 2, 18H4
Nov. 4,191S
Mar. 7, 1919
Apr. 8, 1805
Feb. 22,1889
Sept. 3,1895
Sept. 26.1904
May 24.1926
Jan. 14,1873
Oct. 15, 1863
July 2.1910
Apr. 7.1911
Apr. 4.1930
Apr. 9,18b8
Apr. 14,1892
Dec. 24,1864
June 26,1902
Sept. 10,1888
Jan. 23,1925
Sept. 15,1871

r
Includes
(8) Receiverships restored to solvency with capital of $750,000.


EEPOKT OF THE COMPTKOLLER OF THE CURRENCY

299

1931, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October SI, 1931—Con.
Book value of assets at date of
failure

Additional
assets
received
since
Estimated Estimated Estimated
date of
doubtful worthless
good
failure

Total
assessment
upon
shareholders

Progress of liquidation to
date of this report
Total
Cash colassets and
Cash col- lections
s^ock
lections
from
assessment
from
stock
assets
assessment

Offsets
allowed
and
settled

!
1
j

;

!
;

$41,701

$108,977

$31,776

206,4491

124, 911

35,264

366, 624

300 474

567. 702

155,509

1,023,685

$182,454

$60, 000
35, 589

90,661

23, 271

44, 521
31,730

195,215
226,011

97,872
1,377

209, 489

44,266

6, 615

60,000
149,521

337,608
259,118

260, 370

i

262, 460, 654 286, 655, 084 96, 783, 391 $45, 4.01, 589 63, 879, 500 755,180, 218 $276,128,040 $22,510,599 $37,376,734
249,009,918 267,616,242 85, 281,660 39, 748, 953 59,087,5O0J700, 744, 273 251,452,569 20,304, 918 34,595,655
13,450,736 19,038,842 11,501,731 5,652,636 4, 792,000! 54, 435, 945 24,675, 471 2,205,681 2,781,079
138,972,939 151, 762,330 35,026, 740 7,828, 424 31, 840,000:345, 430, 433 87,081,586 5,835,141 13^186,360
i




J722
1723
1724
1725
1726
1727
1728
1729
1730
1731
1732
1733
1734
1735
1736
1737
1738
1739
1740
1741
1742
1743
1744
1745
1746
1747
1748
1749
1750
1751.
1752
1753
1754
1755
1756
1757
1758
1759
1760
1761
1762
1763
1764
1765
1766
1767
1768
1769
1770
1771
1772
1773
1774
1775
1776
1777
1778
1779
1780
1781
1782
1783
1784
1785
1786

300

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended October 81,
amounts of total assets at date of failure and additional assets acquired subsequent
ing offsets allowed together with the disposition of such collections, and various
Progress of liquidation to date of this report

Secured and

Total colLoss on
lections assets com- Book value
from all
pounded of remaining uncolsources,
or sold
lected
including
under
assets
offsets
order of
allowed
court
1722
1723
1724
1725
1726
1727
1728
1729
1730
1731
1732
1733
1734
1735
1736
1737
1738
1739
1740
1741
1742
1743
1744
1745
1746
1747
1748
1749
1750
1751
1752
1753
1754
1755
1756
1757
1758
1759
1760
1761
1762
1763
1764
1765
1766
1767
1768
1769
1770
1771
1772
1773
1774
1775
1776
1777
1778
1779
1780
1781
1782
1783
1784
1785
1786

Disposition of proceeds of liquidation

Book
preferred
value of Dividends Dividends liabilities
assets
paid except
paid on
paid on
returned secured
through
unsecured dividends,
to shareclaims
claims
holders'
including
agents
offsets

Book value
of remaining uncollected stock
assessment

allowed

$182,454
366,624
1,023,685
$60,000
149, 521

337, 608
259,118

_

:~~:

-

— _ _- _
260 370
_

:::::::::

"

:

•

:

•

:

:

:

:

:

:

:

:

:

"

:

"

:

..::

$336, 015, 373 $73,646,060 304,090,511
306,353,142
29,662,231
106,103,087

51,518,038 304,090,511
22,128,022
4,261,229 209,061,258




41,368, 901

$59,373

$4,979,356 $146,811,163 $132,538,327

38,782,582
2,586,319
26,004,859

59,373

4,209,995 132,726, 839 120,668,869
769,361 14, 084, 324 11,869,458
782,222 35,625,413 44,584,598

BEPOET OP THE COMPTROLLER OP THE CURRENCY

301

1981, dates of organization, appointment of receivers, and final closing, with nominal
thereto, capital stock and stock assessments, amounts collected from all sources includother data indicating the progress or results of liquidation to October 81, 1981—Con.
Dispositioi I of proceeds of liquidatic n—Con.

ReceiveFs'
salary,
legal, and
other expenses

Cash advanced in
protection
of assets

A mount
returned Amount of
claims
to shareproved
holders'
agents
in cash

Cash in
hands of
comptroller and
receivers

i

- - !
i

1
i

j_ _

!

:

:

_

- j

_

1

!

$4,284,746 $15,562,209 $31, 236,965
3,832,935 13,077,539
451.8]1 2,484,670
815i 446 1,899,694




33,236,965
22,395, 714

$602, 607 $346,713,699
600,000
2,607

Interest Date finally
diviclosed or
dends
restored to
(per cent)
solvency

1722
1723
1724
1725
1726
1727
1728
1729
1730
1731
1732
1733
1734
1735
1736
1737
1738
1739
1740
1741
1742
1743
1744
1745
1746
1747
1748
1749
1750
1751
1752
1753
1754
1755
1756
1757
1758
1759
1760
1761
1762
1763
1764
1765
1766
1767
1768
1769
1770
1771
1772
1778
1774
1775
3776
1777
1778
1779
1780
178!
1782
1783
1784
1785
1786

""—

.

Dividends
(per cent)

318, 367,632
28,346,067
12C, 979, 939

302

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 44.—National banks restored to solvency after having been placed in
charge of receivers
Title and location of bank
111 Abington National Bank, Abington, Mass
163 Farley National Bank, Montgomery, Ala
__
200 First National Bank, Arkansas City, Kans
203 City National Bank, Brownwood, Tex
208 Citizens National Bank. Spokane Falls, Wash
209 First National Bank, Philipsburg, M o n t
215 Bozeman National Bank, Bozeinan, Mont
_
_
220 Montana National Bank, Helena, M o n t . .
223 First National Bank, Great Falls, M o n t . . .
224 First National Bank, Kankakee, 111
232 First National Bank, Orlando, Fla._
233 Citizens National Bank, Muncic, Ind
242 First National Bank, Port Angeles, Wash
_
_
300 State National Bank, Denver, Colo
318 American National Bank, Denver, Colo.
_
343 First National Bank, Sioux City, Iowa
374 Hampshire County National Bank, Northampton, Mass
401 Seventh National Bank, N e w York, N . Y . . .
_
403 First National Bank, Austin, T e x .
416 Boliver National Bank, Boliver, Pa
417 Federal National Bank, Pittsburgh, P a
418 First National Bank, Allegheny, Pa_.
473 First National Bank, Brooklyn, N . Y
498 Union National Bank, Sommcrvillo, P a
507 First National Bank, Burnside, K y
629 First-Second National Bank, Pittsburgh, P a
539 Marion National Bank, Marion, Kans
_
544 First National Bank, Gallatin, Tenn
550 American National Bank, Pcnsacola, F l a .
553 First National Bank, Islip, N . Y_
_
_
555 Farmers & Merchants National Bunk, M o u n t Morris, Pa
556 Union National Bank, Providence, K y
561 First National Bank, Perry, Ark
_
562 Third National Bank, Fitzgerald, Ga
_
._
506 Wharton National Bank, Wharton, Tex
_
_
572 First National Bank, Ciisselton, N . D a k
584 First National Bank, Daytona, Fla
_
595 First National Bank, Killcen, Tex
604 First National Bank, Strecter, N . D a k
608 State National Bank, Carlsbad, N . Mex
(509 Nocona National Bank, Nocona, Tex
622 First National Bank, Tombstone, A r i z . . .
627 First National Bank, Lafayette, Colo___
__
631 First National Bank, Poplar, M o n t .
636 First National Bank, Lawton, Okla
637 National Bank of Hastings, Hastings, Oklu
_
_
639 First National Bank, Mohall, N . D a k
641 First National Bank, Ackcrman, Miss
647 Merchants National Bank, Ada, Okla
__
690 First National Bank, Watts, Calif...
705 First National Bank, Wetumka, Okla
712 First National Bank, Tower City, N . Dak
730 Milnor National Bank, Milnor, N . Dak
750 First National Bank. Spanish Fork, Utah
786 Citizens National Bank, Jamestown, N . Dak
790 Citizens National Bank, Sisseton, S. Dak
792 Farmers National Bank, Red Oak, Iowa.
793 Powell National Bank, Powell, Wyo
First National Bank, Walhalla, N . Dak
City National Bank, McAlester, Okla
.
900 First National Bank, Volant, Pa
940 First National Bank, Libby, M o n t
_
953 Fanners National Bank, Laurens, S. C
950 First National Bank, Hardin, Mont
1056 First National Bank, Steele, N . Dak
1086 First National Bank, Granger, Tex,__
1118 First National Bank, Warsaw, N . C
1143 Stockmens National Bank, Nampa, Idaho
1163 First National Bank, Hawarden, Iowa
_
1233 First National Bank, Fort Branch, Ind
1271 National Bank of A insworth, Ainsworth, Nebr
1301 First National Bank, Winter Garden, Fla
1311 Taylorville National Bank, Taylorville, 111
1315 First National Bank, Claxton, Ga
1377 Brotherhood of Railway Clerks National Bank, Cincinnati, Ohio
1378 First National Bank, Kimball, W\ Va
1408 Hartford National Bank, Hartford, Kans
1464 First National Bank, Gastonia, N . C
1482 First Isi ational Bank in Harrison, Ark
3483 First is' ational Bank, Ayden, N . C
3485 First National Bank, Eureka Springs, A r k .




Receiver
appointed
Aug. 3,1886
Oct. 7,1891
June 15,1893
June 20,1893
July 1,1893
July 8,1893
July 23,1893
Aug. 2,1893
Aug. 5,1893
do.
Aug. 34,1893
do
Oct. 5,1893
Aug. 24,1895
July 26,1896
Jan. 7,1897
M a y 23,1898
June 27,1901
Aug. 3,1901
Oct. 1,1903
Oct. 21,1903
Oct. 22,1903
Oct. 25,1907
Oct. 16,1908
Sept. 17,1909
July 7,1913
Jan. 12,1914
Mar. 25,1914
Sept. 2,1914
Dec. 30,1914
Feb. 4,1915
Feb. 12,1915
M a y 17,1915
Juno 3,1915
July 29,1915
Dec. 6,1915
Apr. 16,1917
Nov. ltf, 1920
Feb. 16,1921.
Mar. 19,1921
Mar. 25,1921
Aug. 25,1921
Sept. 16,1921
Nov. 9,1921
Dec. 12,1921
Dec. 22,1921
Jan. 4,1922
Jan. 12,1922
Feb. 20,1922
June 20,1923
Oct. 2,1923
Nov. 7,1923
Nov. 28,1923
Jan. 28,1924
Mar. 21,1924
Mar. 24,1924
Mar. 27,1924
do.
June 23,1924
June 24,1924
Mar. 7.1925
Oct. 6, 1925
Nov. 21,1925
Nov. 27,1925
Nov. 23,1926
Jan. 12,1927
Mar. 17,1927
M a y 27,1927
Sept. 15,1927
Oct. 6,1928
Feb. 27,1929
July 25,1929
Oct. 18,1929
Dec. 7,1929
June 26,1930
do
Oct. 11,1930
Dec. 20,1930
Dec. 30,1930
Jan. 2, 1931
Jan. 6, 1931

Capital
stock
$150,000
100,000
125,000
150,000
150,000
50,000
50,000
500,000
250,000
50,000
150,000
200,000
50,000
300,000
500,000
100,000
250,000
500,000
100,000
30,000
2,000,000
350,000
300,000
50,000
25,000
3,400,000
25,000
50,000
300,000
25,000
25,000
25,000
25,000
50,000
30,000
60,000
50,000
50,000
25,000
75,000
50,000
25,000
25,000
25,000
200,000
25,000
25,000
25,000
100,000
50,000
40,000
50,000
30,000
25,000
50,000
50,000
60,000
40,000
25,000
50,000
25,000
40,000
50,000
65,000
25,000
35,000
50,000
75,000
50,000
25,000
35,000
50,000
150,000
50,000
400,000
25,000
25,000
500,000
25,000
75,000
50.000

303

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLB N O . 44.—National banks restored to solvency after having been placed in
charge of receivers—Continued.
Receiver
appointed
1408
1499

5504

Capital
stock

\ Jan. 21, J931 !
__l Jan. 22, 1931 |
: Jan. 26,1931 !

First National Bank, Green Forest, Ark
First .National Bank, Holly Grove, Ark
First National Bank, .Dardanelle, Ark
Total, 84 bants

I

$25,000
25, 000
25,000
13,555,000

:

TABLE N O . 44A.—National banks restored to solvency which subsequently became

insolvent
Receiver
appointed

Title and local ion of bank

271
291
304
38G
575
(if 11
730
840
876
1048
1110
1310
1317
1442
H40

Citizens National Bank, Spokane Falls, Wash.;
First National Bank, Port Angeles, Wash.1
First National Bank, Orlando, FLaA.
First National Bank, Arkansas City, Kans.1-..^
Ben Hill National Bank, Fitzgerald,1Ga.i *
First National Bank, Lawion, Okla.
First National Bank, Poplar, Mont*
State National Bank, Carlsbad, N. Mex.i
First National Bank", Mohall, N". Dak.'
First National Bank, Ackerman, Miss.1-..
Farmers & Merchants National Bank, Mount Morris, Pa.1.
Farmers National Bank, lied Oak, Iowa l
First National Bank, Tower City, N. Dak.>
First National Bank, Walhalla, NT. Dak.i
First National Bank, Sioux City, Iowa J
Farmers National Bank, Laurec?, S. (V

Doc.
Apr.
Nov.
Oct.
Mar.
Nov.
Dec
Aug.
Jan.
Nov.
Feb.
Oct.
Dec.
Dec.
Dec.
Dec.

Capital
stock
$150,000
50,000
85,000
100,000
50,000
200,000
25,000
75,000
25,000
25,000
25,000
<)0, 000
25,000
2.-), 000
1,000,000
50, 000

13, 1894
26,1895
29, 1895
19. 1899
6, 1910
18. 1922
17, 1923
25, 1924
22. 1925
12, 192T)
21, 1927
14,1929
10. 192<J
5,1930
8,1930
Hi, 1930

Total, 10 banks.
1

Second failure.

1. 970, 000
!

Formerly "Third National Bank."

TABLE N O . 45.—Dividends paid to creditors of insolvent national banks during the
year ended October 81, 1981
j D i v i d e n d s paid d u r i n g

Name and location of bank

D a t e of a p - |
p o i n t m e n t of j — j
receiver
: Amount

First National Bank, Aborcrombie, N. Dak
June
Still water Valley National Bank, Abs&rokoe, Mont
Jan.
Peoples National Bank, Adena, Ohio
Apr.
New Georgia National Bank, Albany, Ga.. _
Jan.
Citizens National Bank, Albert Lea, Minn
Feb.
First National Bank, Aledo, 111
Sept.
First National Bank, Alexandria, Minn
Jan.
First National Bank, Algona, Iowa
- Nov.
Apr.
Second National Bank, Altoona, Pa
First National Bank, Altus, Okla
.
| Sept.
First National Bank, Ambrose, N. Dak
| Feb.
Anamoose National Bank, Anamoose, N. Dak
.. .1 Sept.
First National Bank, Aneta, N. Dak
--!J u n e
Anoka National Bank, Anofca, M inn . . - - - | J a n .
First National Bank, Arcadia, Ind
_
-, J u l y
First National Bank, Argyle, Minn_
J Jan.
!
Nov.
First National Bank, Armstrong, Iowju,. - . American National Bank, A-shevillo, N. C
j Nov.
First National Bank, Ash ton, Idaho - --; M a r .
Astoria National Bank, Astoria, Greg.. _
; Feb.
Georgia National Bank, Athens, Ga
j Apr.
American National Bank, Atoka, Okla
i Nov.
:
First National Bank, Atwatcr, Minn
: Feb.
!
Oct.
First National Bank, Auburn, Wash
First Xat ional Bank, Anbumdale, Fla
- - . ! May
First National Bank, Augusta, ill
.._
J Dec.
1

30, 1925
30, 1922
13, 1929
4.1928
18. 1927
27,1928
8,1925
24, 1924
16,1931
26, 1930
20,1930
18, 192(5
3; 1929
27, 1931
3, 1928
18,1927
17, 1926
21, 1930
10, 1928
24, 1928
17, 1925
1,1926
14, 1925
28, 1D30
Jo. Itf2<)
23, IU30

Deduction by reason of dividend previously reported as paid bin now canceled.




••
. P e r cent

Toifil
per cent
of dividends
paid to
creditors

304

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 45.—Dividends paid to creditors of insolvent national banks during the
year ended October 31 f 1931—Continued

Name and location of bank

Lincoln National Bank. Avella, Pa
First National Bank, Avon Park, Fla
First National Bank, Ayrshire- Iowa
First National Bank, Bancroft, Iowa
First National Bank, Barnsdall, Okla
Central National Bank, Bartlesville, Okla
Polk County National Bank in Bartow, Fla
First National Bank, Beardsley, Minn
First National Bank, Belle Plaine, Iowa
Union National Bank, Beloit, Kans
First National Bank, Bend, Oreg
First National Bank, Benson, N. C
City National Bank, Bessemer, Ala
Billings National Bank, Billings, Okla
First National Bank, Billings, Mont
First National Bank, Bishop, Calif
First National Bank, Bishopville, S. C
City National Bank, Bismarck, N. Dak
First National Bank, Biwabik, Minn
First National Bank, Bixby, Okla
Miners National Bank, Blossburg, Pa
Blossom National Bank, Blossom, Tex
First National Bank, Blue Mound, 111
First National Bank, Bowerston, Ohio
The National Bank of Bowman, S. C
First National Bank, Brantloy, Ala
First National Bank, Bristow, Okla
First National Bank, Britt, Iowa
First National Bank, Brookfiold, Mo
N
,
,
F
N t i l B k B k i
Fanners National Bank, Brookings, S Dak
S.
First National Bank, Brookings, S. Dak
First National Bank, Brooklyn, Iowa
Peoples National Bank, Brookneal, Va
_
_
First National Bank, Burt, Iowa
First National Bank, Cambridge, Iowa
Cando National Bank, Cando, N. Dak
Farmers and Merchants National Bank, Cannon
Falls, Minn
First National Bank, Cardwell, Mo
First National Bank, Carrington, N. Dak
Cass County National Bank, Casselton, N. Dak
Whitbeck National Bank, Chamberlain, S. Dak
First National Bank, Champlain, N. Y
First National Bank, Charleston, 111
First National Baiik, Charlotte, N. C
Commercial National Bank, Chatsworth, 111
First National Bank, Cheboygan, Mich
First National Bank, Checotah, Okla
First National Bank, Cheraw, S. C
First National Bank, Cherokee, Iowa
Security National Bank, Cherokee, Iowa
First National Bank, Cheyenne, Wyo
Austin National Bank, Chicago, 111
Lawrence Avenue National Bank, Chicago, 111
First National Bank, Chowchilla, Calif
Clarinda National BanK, Clarinda, Iowa
Planters National Bank, Clarksdale, Miss
First National Bank, Clarksvillc, Ark.
._.'
First National Bank-, Clear Lake, S. Dak
Home National Bank, Cleburne, Tex
First National Ba-ik, Clinton, Minn...
_.
First National Bank, Clinton, S. C
_
Clymer National Bank, Clymer, Pa
First National Bank, Coalgate, Okla
First Exchange National Bank, Cocur d'Alone, Idaho.
First National Bank, Coffee Springs, Ala
First National Bank, Coleridge, Nebr
_
First National Bank, Collinsville, Okla
First National Bank,, Colman,, S. Dak
k
Colton N t i l B k C l t
C l t National Bank, Colton, Calif_
Clif
First National Bank, Columbia City, Ind
Citizens National Bank, Connells\ille, Pa
Union National Bank, Connellsville, Pa

Date of appointment of
receiver

Mar.
Feb.
Aug.
Oct.
June
Mar.
June
Jan.
Mar.
Nov.
Apr.
Dec.
Jan.
Oct.
July
Aug.
Jan.

Oct. 18.1926
10.1927
20.1929
30, 1929
17.1931
27.1926
11, 1930
16.1927
17.1930
25.1928
1,1927
22.1931
3,1926
% 1924
4.1925
31.1930
5,1930
22,1926
6.1926

May
Feb.
July
Mar.
Mar.
June
Dec.
Feb.
Apr.
Feb.
Jan.
Dec.
Feb.
Dec.
Oct.
Sept.
May
Feb.
Dec.
Jan.
Mar.
Dec.
July
Afar.
Nov.
Dec.
Mar.
June
Dec.
Nov.
Jan.
Mar.
July
Apr.
Jan.
May
Nov.
Jan.
Nov.
May
Dec.
Feb.
Jan.
Aug.
Feb.
Jan.
Mar.
Jan.
Jan.
Aug.
Feb.
Mar.
July
July

a To assenting creditors in accordance with agreements.
•To nonassenting creditors in accordance with agreements.




7,1931
18.1929
12.1930
20,1927
22,192G
29.1930
28.1929
21,1927
3,1927
13,1923
29.1927
11.1928
12.1931
17.1930
2,1910
]5,1927
18.1930

17.1925
8.1927
26,1928
10,1928
14.1926
19.1931
12,1930
8,1930
8.1930
12.1930
1,1927
14.1928
31.1931
17.1930
9,1924
6.1931
9,1931
28.1927
29.1926
26.1931
18.1929
25,1925
28.1925
10.1927
27,1931
22.1930
27,1924
19.1929
13.1930
12.1929
5,1927
19.1926
20.1930
31.1927
31,1930
3,1930

Dividends paid during Total
the year
per cent
of dividends
paid to
Amount
Per cent creditors
$119,495.48
63,691.86
37,803.46
19,913.77
1,940. 68
147,850.61
91, 632. 28
19, 219. 37
140.28
34.377. 66
311. 48
1, 239.01
134,007. 59
76,870. 68
159.039. 67
35, 506. 92
13, 713. 57
2,515.33
24.264.11
10.378. 58
55,303.18
12,631. 88
16, 525. 20
18,043. 83
7,869. 02
55,073. 66
31.12
63,697. 85
31, 761. 26
391. 91
334. 31
23,114.67
52, 413. 57
129, 370. 47
790. 80
1,115. 28
134. 08
1,832.13
315.12
37,081. 52
14, 564. 54
361,143. 81
69.879.12
243, 513. 07
1,365. 43
994, 387.30
6,315. 23
21,054.07
112, 035.14
13, 434. 82
448,823. 04
361,395. 93
79,638.11
52.97
359. 36
170, 209. 05
23, 663. 53
35, 882. 30
16,161.15
14,817. 46
114.040. 33
207,328.46
27,310.91
36, 429. 89
11, 298. 62
28,440. 74
4,832. 22
33,826.48
5,784.18
14,742.33
1,099, 277.69
320, 665. 09

15
20
35
11.44
40
10
8

5.02
25
8.6
5

10
10
5
25
16.4
70
18
45
10
35
3.46
15
45

15
6.4
30
70
17
75
5
8
100
10
8.85
20
15
15
10
9.5
14.76
10
50
35
4
5
30
20
2.19
13.95
10
50
50

15
20
35
41.44
45
90
10
73
45
40. 62
40
50
25
60
83.6
45
15
P60
I 3 100
05
60
5
25
41.4
70
58
45
35
45
35
73
15
58.46
15
45
20
30
40
45
30
65
6.4
30
70
17
30
75
70
28
100
25
57.85
20
15
80
40
15
35
44.5
59. 76
55
50
35
9
12. 5
55
85
27.19
43. 95
30
60
50
50

BEPOKT OF THE COMPTROLLER OP THE CURRENCY

305

TABLE N O . 45.—Dividends paid to creditors of insolvent national banks during the
year ended October 81, 1931—Continued

Name and location of ba:ik

Date of appointment of
receiver

Dec. 30,1930
First National Bank, Connersvillc, Ind
May 12,1925
First National Bank, Congers, Ga
Mar. 18,1931
Coolville National Bank, Goolville, Ohio
Dec. 8,1925
First National Bank, Covington, Ga
May 29,1925
First National Bank, Crandon, Wis
Jan. 28,1931
First National Bank, Crestline, Ohio.
Mar. 24,1924
Merchants National Bank, Crookston, Minn__.
Nov. 2,1928
Carolina National Bank, Darlington, S. C
Nov. 17,1925
Davenport National Bank, Davenport, Wash...
IN
Oct. 25,1930
City National Bank, Decatur, Tex
Dec. 2,1930
First National Bank, Deer Creek, Minn
July 12,1929
First National Bank, Deland, Fla
Jan. 14,1927
First National Bank, Delano, Calif
Dec. 12,1925
First National Bank, Delano, Minn
Sept. 25,1929
First National Bank, Delta, Colo
Mar. 5,1929
First National Bank, Dcnton, Mont
Dec. 26,1928
Exchange National Bank, Denton, Tex
Aug. 15,1928
First National Bank, Denton, Tex
Dec. 24,1925
drovers National Bank, Denver, Colo
Oct. 1,1925
Globe National Bank, Denver Colo
Feb. 10,1928
First National Bank, Derby, Iowa
July 6,1926
De Smet National Bank, De Sine.t, S. Dak
First National Bank of Detroit, Detroit Lakes, Minn.. Nov. 23,1926
Merchants National Bank of Detroit, Detroit Lakes,
Minn
June 22,1925
Merchants aid Planters National Bank, Dillwyn,
Jan. 9,1931
Va
July 9.1926
First National Bank, Dinuba, Calif
Jan. 30,1930
Dothan Nat ional Bank, Dothan, Ala
Sept. 24,1928
First National Bank, Dublin, Ga
Mar. 7.1927
First National Bank, Dunbar, Pa
Nov. 14,1928
First National Bank, Dunn, N. C
July 28,1927
First National Bank, East Grand Forks, Minn
May 22,1924
Drovers N ational Bank, East St. Louis, 111
Jan. 31,1927
First National Bank, Edgeley, Is. Dak
First National Bank, Edmore, N. I)ak..__
Mar.
First National Bank, Eldorado Springs, Mo
Sept. 23.1929
First National Bank, Elgin, Nebr
Nov. 3.1930
First National Bank, Elk Point, S. Dak
Dec. 16.1930
First National Bank, Ekton, S. Dak
Dec. 3,1926
Central .National Bank, Ellsworth, Kans
Mar. 30.1931
The National Bank of Emmetsburg, Iowa
Mar. 15.1929
First National Bank, Ennis, Tex
Feb. 11.1930
First National Bank, Erskine, Minn
Mar. 2,1929
Commercial National Bank, Essex, Iowa
May 5.1931
East Alabama National Bank, Eufau!.a, Ala
July 1.1929
First National Bank, Excelsior Springs, Mo
Jan. 24,1925
First National Bank, Fairchance, Pa
.__ Feb. 26.1931
First National Bank, Fairview, Mo
__. Sept. 17,1930
Old First National Bank, Farmer City, 111
_ Oct. 25,1930
First National Bank, Farmersville, 111
June 29,1927
First National Bank, Farmersville, Tex
Aug. 6.1930
New First National Bank in Farmland, Ind
June 25.1930
Fayette City National Bank, Fayette City, Pa
July 28,1927
The National Bank of Fayetteville, N. C
Aug. 12,1927
Exchange National Bank, Fitzgerald, Ga
Jan. 31.1931
First National Bank, Fitzgerald, Oa_
_
.do.
Jan. 13,1930
First National Bank, Florala, Ala
Jan. 9,1931
First National Bank, Floyd, Iowa
_
Nov. 14,1925
First National Bank, Forest City, Iowa.
Dec. 18,1923
First National Bank, Forsyth, Mont
Feb. 26,1924
Stockmens National Bank, Fort Benton, Mont
Feb. 4,1930
Texas National Bank, Fort Worth, Tex
Aug. 1,1930
First National Bank, Fountain, Colo..
F'irst National Bank, Frankfort, S. Dak
_ Apr. 12,1926
Oct. 18,1926
The National Bank of Franklin, Term
July 7,1930
First National Bank in Fresno, Calif
Mar. 19,1931
Front Royal National Bank, Front Royal, Va
Dec. 8,1930
First National Bank, Fulton, Ky
Feb. 17,1930
First National Bank, GafTney, S. C
Aug. 4,1930
Citizens National Bank, Galion, Ohio
Aug. 22,1930
Farmers National Bank, Glenwood City, Wis
Dec. 30,1930
The National Bank of Goldsboro, N. C
Dec. 0,1922
Commercial National Bank, Great Falls, Mont
Dec. 30,1929
First National Bank, Greeley, Xebr
Juno 4,1927
Merchants National Bank, Greene, Iowa




Dividends paid during
Total
the year
per cent
of dividends
|
paid to
Amount | Per cent creditors
$336,542.24
9,583.28
56,621.25
10, 391. 05
314.31
37, 216. 69
797.81
1,322.60
27, 992. 90
19, 530. 52
14, 400. 00
102,957.63
62,600. 87
30, 660.13
1,034.19
2,272. 20
38,481. 67
511. 76
46,409. 29
185,829. 63
35,400.88
15,921.17
62,440.83

33.333
7.26
20
6.67
70
6.75
43.63
60
10
17.08
13.2
3.1
10
5.26
5
13.15
5
10. 45

04

39,141. 72
44,191.05
908.26
9a 539.82
68,859.56
8.19
23,218.66
138.19
4.96
12.57
11,640.10
31, 082. 74
46,026.84
26,748.11
27,873. 55
187,360. 28
63,921. 08
41,435.05
11,629. 52
79,139. 71
24,998. 01
12.173. 40
58, 233. 39
11,934.86
52,209.45
9,923. 44
15,000.00
55, 239. 95
960. 27
5, 218. 07
16, 551.18
24,451.71
89,(534. 18
60,912.03
24, 885. 36
42, 772.80
36,966.62
465,000.15
8, 306.04
17, 557.18
380. 75
271,798. 69
7,973.87
63,132. 78
239,810.06
419,608. 23
57,402.65
29, 820.82
.02
23,928.15
5,355.73

33. 333
37.26
20
61.67
35
70
73
45
76.75
43.63
60
20
102. 08
73.2
40
<)3.1
95
70
40.26
(X)
13. 15
55
40.46

30
.449
10
10
10

10
10
60
20
13.51
25
10
10
10
50
5
20
30
80
9.15
30
45
103
103
20
40
4.15
10.86
8.46
10
15
7
10
15
50
20
42.5
30
15
10
2.08

30
65. 409
40
15
83
45
05
80
90
10
35
60
20
53.51
25
45
60
25
50
20
60
20
30
80
29.15
30
4o
23
25
103
103
40
40
23.15
35.86
96. 46
35
15
12
43
10
15
50
70
42.5
30
15
27.74
20
22.08

306

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 45.—Dividends paid to creditors of insolvent national banks during the
year ended October 31, 1931—Continued

Name and location of bank

Date of appointment of
receiver

Dividends paid during
Total
the year
per cent
Amount

j Percent

Dec. 26,1930 $163,159.55
The National Bank of Greenville, N. C
Dec. 27,1930
First National Bank, Greenwood, Miss
305, 236. 94
186,013. 80
National Loan & Exchange Bank, Greenwood, S. C__. May 16,1930
Apr. 12,1923
6, 262. 82
First National Bank, Gregory, 8. Dak
Nov. 8,1923
9, 2ir. 99
First National Bank, Grey Eagle, Minn
Sept. 6,1930
30, 244. 36
Citizens National Bank, Grinnell, Iowa__
Dec. 13,1929
65,112. 55
Griswold National Bank, Griswold, Iowa
do
305. 98
First National Bank, Grundy, Va
Sept. 15,1930
41,894.62
First National Bank, Giithrie Center, Iowa
Oct. 16,1925
34,052. 21
First National Bank, Hallock, Minn
N o v . 13.1928
8,173. 82
Hartington National Bank, Hartington, Nebr
8,454. 25
Nov. 2,1926
First N ational Bank, Haworth, Okla
8,497.96
M a r . 18.1930
First N ational Bank, Hazard, Ky
3,183. 77
First National Bank, Hearne, Tex
_._. Jan. 21,1921
328,988. 56
Jan.
Interstate National Bank, Helena, Ark.
___
3,1.931
68,083. 25
M a y 23. 1931
First N ational Bank, Holton, Kans
21,000. 00
M a r . 25.1931
American National Bank, Honey Grove, Tex
9, 210. 77
Dec. 6.1926
Planters National Bank, Honey Grove, Tex
13,905.94
M a y 19,1930
State National Bank, Honey Grove, Tex
4, 829. 83
Citizens National Bank, Hope, Ind
___
_. Feb. 15.1929
24,613.99
Dec. 12,1927
First National Bank, Hope, N . Pak
3,013.91
Hope National Bank, Hope, N. Dak
_. M a y 12.1930
234, 713. 24
Dec. 9,1930
First National Bank, Horse Cave, Ky
9, 506. 58
Nov. 24,1925
First National Bank, Howard, S. Dak
14,951. 35
Oct. 8,1930
Farmers National Bank, Howe, Tex
27,865. 64
M a y 12, 1925
Hugo National Bank, Hugo, Okla
44,449. 60
Jan. 30,1930
First N ational Bank, Humphrey, Nebr
132.14
Mar. 14.1924
First National Bank, Huron, S. Dak
6, 534. 26
J u n e 25,1930
First N ational Bank, Iaeger, W. Va
11,038. 44
Oct. 31,1930
Tug River National Bank, Iaeger, W. Va
71,197. 89
Mar. 13, 1930
Commercial National Bank, Independence, Kans
81,635. 05
Dec. 20.1930
Farmers N ational Bank, In wood, Iowa
25.97
Sept. 6.1927
First National Bank, Inwood, Iowa
643, 487. 52
Feb. 16.1931
First National Bank, Jackson, Miss
15,806.67
M a y 13,1930
First National Bank, Jasper, Fla
34, 846. 61
Jan. 15,1927
The National Bank of Jerseyville, 111
36, 262. 49
J u n e 4.1926
First National Bank, Jonesboro, Ark
172,301.43
Dec. 3.1930
First National Bank, Junction City, Ark
107, 977. 38
Dec. 17, 1930
Kansas N ational Bank, Kansas, 111
__
10,160. 00
Sept. 30,1927
Central National Bank, Kearney, Nebr
10, 430. 03
M a y 14,1927
City National Bank of Kearney, Nebr
13,863. 23
J u n e 20.1927
First National Bank, Kennebec, S. Dak
35,404. 78
First National Bank, Kerkhoven, Minn
_. Jan. 6.1931
96,492.14
Feb. 25,1930
American National Bank, Kewanna, Ind
10,842.50
Mar. 13, 1926
First National Bank in Kiefer, Okla
_
22,942. 29
Nov. 10, 1926
First National Bank, Kingsburg, Calif
34, 022.95
Apr. 8.1927
First National Bank, Lake Mills, Iowa
19, 328. 73
Oct. 5,1926
First National Bank, Lake Norden, S. Dak
26,800. 98
Aug. 24.1925
First National Bank, Lake Park, Minn
i 25. 87
Nov. 9.1928
Lamar N ational B ank, Lamar, S. C
24,934. 37
Apr. 30, 1927
New First National Bank in Lamberton, Minn
18,480. 94
Feb. 25.1926
Farmers National Bank, La Moure, 1\. Dak
21,379.81
N o v . 19,1923
First National Bank, Lancaster, Minn
8,947. 87
M a r . 3,1931
First National Bank, La Pine, Ala
11,479.51
F e b . 15.1928
First National Bank, La Porte City, Iowa
14, 346. 44
M a r . 5.1929
The National Bank of Larimore, N. Dak
i 67. 60
M a y 14.1927
Laurel National Bank, Laurel, Nebr
35,176. 26
Dec. 23,1.930
First National Bank, Laurinburg, N. C
146. 22
Dec. 1,1926
First National Bank, Leeds, N. Dak
47.31
M a r . 25,1927
First National Ban k, Lcpanto, Ark
First National Bank of Fergus County, Lewistown,
Apr. 12,1924
971. 60
Mont
Dec. 19,1928
36,815. 99
First National Bank, Lewisville, Oliic
Sept. 21,1926
22,845. 39
Farmers National Bank in Lidgerwood, N. Dak
Feb. 1,1927
7,951. 52
Farmers National Bank of Lidgerwood, N. Dak
Oct. 31,1930
174,436.19
First National Bank, Lihdsborg, Kans
Jan. 21,1928
30, 027. 49
First National Bank, Lisbon, N. Dak
Jan. 14,1931
9, 256. 71
First National Bank, Litchfield, Minn
June 30,1930
34,371. 56
First National Bank, Litchville, N. Dak
Apr. 16,1931
134,561.77
First-Rempel National Bank, Logan, Ohio
Aug. 18,1930
33.007.25
First National Bank, Lometa, Tex__
Oct. 22,1925
6.43
Loveland National Bank, Loveland, Colo.
44.166.26
First National Bank, Ludlow, Mo
Jaa. 9,1931
1
Deduction by reason of dividend previously reported as paid but now canceled.
2
To assenting creditors in accordance with agreements.
a To nonassenting creditors in accordance with agreements.




104. 283
20
20
2.45
10
39. 8827
20
100
10
13.05
8
2.75
25
20
21
5
15. 333
10
7.077
65
2.9
25
3.66
20
90
13
2
50
40
10
9.39
10
60
55
4
1
13. 31
50
50
14.2
7.05
10
8.93
8.92
13.5
10
12.55
20
7.2
10
40

19.5
10
10. 63
100
6.75
5
25
20

60

of dividends
paid to
creditors

104. 283
20
20
2.45
20
30. 8827
95
15
100
40
55
38.05
20
44. 75
25
20
21
75
35. 333
60
80
7.077
65
60.9
25
43. 66
65
16
90
13
2
50
40
40
10
79.39
40
60
55
4
1
13.31
50
50
39.2
52.05
40
73.93
53. 92
30
78.5
60
32.55
20
102. 2
50
45
40
75
30
49
89.5
55
30.63
100
46.75
5
25
20
30
r 275
LU00
60

REPORT OF THE COMPTROLLER OF THE CURRENCY

307

TABLE NO. 45.—Dividends paid to creditors of insolvent national banks during the
year ended October 31, 1931—Continued

Xame and location of bank

Date of appointment of
receiver

The National Bank of Lumpkin, Ga
Dec. 7,1929
First National Bank, McLeansboro, 111
Aug. 4,1930
Fourth National Bank, Maeon, Ga
_
Nov. 26,1928
First National Bank, Madison, S. Dak
May 31.1925
Lake County National Bank, Madison, S. Dak
Aug. 29.1928
First National Bank, Malvern, Iowa
_ Dec. 10.1926
First National Bank, Manchester, Iowa
Feb. 13, 1929
First National Bank, Maquon, 111
Aug. 14.1929
First National Bank, Marion, N. Dak
Mar. 19.1926
First National Bank, Marshalltown, Iowa
June 11.1928
First National Bank, Martinsville, 111
Oct. 11.1930
First National Bank, Matoaka, W. Va.._.
Mar. 3,1925
First National Bank, Mayville, N. Dak...
June 25.1929
First National Bank, Medaryville, Ind
June 24.1927
First National Bank, Melvin, Iowa
_ Feb. 12.1929
First National Bank, Mendon, Ohio
Nov. 29.1930
Farmers & Merchants National Bank, Merced, Calif.. Sept. 23.1926
First National Bank, Meridian, Miss
Jan. 26.1931
City National Bank in Miami, Fla
Dec. 23.1930
Peoples National Bank, Middlctown, I)el_
Dec. 14i 1928
First National Bank, Milbank, S. Dak
Nov. 15,1926
First National Bank, Milford, 111
Mar. 4,1930
First National Bank, Milford, Iowa
July 8, 1926
First National Bank, Millsboro, Pa.
• Apr. 28.1931
Minneapolis National Bank, Minneapolis, Kans
j Feb. 9,1929
First National Bank, Minnewaukan, N. Dak_._
j Jan. 6,1928
Citizens National Bank, Monessen, Pa...
; Apr. 17,1931
First National Bank, Montezuma, Iowa
_
• Sept. 16,1929
:
Sept. C,1930
Fourth National Bank, Montgomery, Ala
First National Bank, Moultrie, Ga
Aug. 27.1929
Farmers & Merchants National Bank, Mount Morris,
Pa
Feb. 21.1927
First-Citizens National Bank, Mount Sterling, Ohio..! May 19.1928
First National Bank, Moweaqua, 111
j May23,1928
First National Bank, Mullens, W. Va
__i Jan. 16,1928
Muskogee Security National Bank, Muskogce, Okla.J Nov. 7.1925
The National Bank of Newberry, S.C
July 1,1929
!
First National Bank, Newport, Term
Dec- 4.1930
First National Bank, Norris City, 111
_
_
i Mar.31,1930
First National Bank, Northwood, N. Dak
i Feb. 5,1930
The National Bank of Norton, Va
> Mar.
31,1931
Oakes National Bank, Oakes, N. Dak
I Sept. 4.1926
First National Bank, Oak Park, 111
__j Apr. 1.1931
Farmers National Bank, Odell, 111
! Sept. 21.1927
Peoples First National Bank, Olivia, Minn...
' Feb. 5.1927
First National Bank, Onida, S. Dak..
Feb. 12,1924
Citizens National Bank, Ortonvilie, Minn...
Jan. 4,1927
First National Bank, Osbornc, Kans
Mar. 30.1928
Feb. 10,1931
Peoples National Bank, Osceola Mills, Pa..
Apr. 9,1930
Farmers National Bank, Oskaloosa, Iowa
Sept. 10,1926
National Farmers Bank, Owatonna, Minn
Oct. 23,1924
First National Bank, Ozark, Ala
July 2.1926
Palm Beach National Bank, Palm Beach, FlaApr. 1.1930
Pana National Bank, Pana, III
Feb. 12,1931
First National Bank, Panama City, Fla_ _
Mar. 9.1931
American National Bank, Paris, Tex...
Dec. 26, 1930
Pecan Gap National Bank, Pecan Gap, Tex...
July 23,1926
First National Bank, Pepin, "Wis
Oct. 25.1930
First National Bank, Perry, Fla
Nov. 24,1926
Citizens National Bank, Petty, Tex
Mar. 2.1928
Farmers National Bank, Phillipsburg, Kans.
July 21,1930
The National Bank of Arkansas at Pine Bluff, Ark
May 1.1930
First National Bank, Pineville, W. Va
Jan. 23.1928
First National Bank, Plain ville, Kans
Nov. 21.1930
First National Bank, Plymouth, 111
June 11,1921
Bannock National Bank, Pocatello, Idaho.
Apr. 22.1931
Merchants National Bank, Point Pleasant, W, Va
May 5.1931
First National Bank, Pomeroy, Iowa___
May 19,1931
Farmers National Bank, Pomeroy, Wash
June 20,1930
First National Bank in Poultney, Vt
Feb. 18.1929
First National Bank, Pnnta Gorda, Fla
Apr. 13.1924
First National Bank, Putnam, Conn....
Feb. 11.1925
First National Bank, Quincy, Fla
Quincy-Kicker National Bank & Trust Co., Quincy, |
Nov. 10.1930
First National Bank, Ranger, Tex
Mar. 2,1921
American National Bank, Itedfield, S. Dak
Dec. 12,1930


fni

-KT^J«_

1 T-fc

"I— — M

A __1

— .. •

J. l"fc"

«

Til.-.{X

Dividends paid during Total
the year
per cent
of dividends
paid to
Amount
Per cent creditors
$361. 56
48, 568. 04
326,344.18
28,826. 89
239.50
20,181. 38
52,100.15
11,485.97
10,177.16
142.446. 28
40,065, 53
407.71
15,445. 53
8,901.07
7,405.32
102, 026.16
12,904.69
278, 044. 03
640,258. 35
48, 677. 58
354. 80
130,940.69
17, 068. 85
22, 705. 88
3, 800. 08
15, 464. 96
46,167. 33
46,636. 33
231, 080.13
25,196. 54
406.27
93, 651. 06
32,735.15
15,681. 56
223. 58
115,680.62
168, 774. 94
88, 469. 53
23, 335. 42
14,611.38
137. 55
100,366.52
14,757.93
43, 251. 08
9,152. 41
21, 260. 73
28,323. 09
90,469. 21
8,000. 00
643.51
4.56
20,303. 04
133,106. 69

10
5
5.4
10
10
10
5
10
15
10
14.85
5.11
45
102.5
20
10
40
4.18
30
10
45
10
8
19.48

10
10
30
21.4
65
65
70
80
15
80
15
80
60
99.85
95.11
45
45
102.5
20
53. 333
50
70
14.18
30
25
70
45