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ANNUAL REPORT OF THE

Comptroller of the Currency

JANUARY 3, 1933

UNITED STATES
GOVERNMENT PRINTING OFFICE
WASHINGTON: 1934

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




Price $1.25 (Cloth)




TREASURY DEPARTMENT

Document No. 3062
Comptroller of the Currency

CONTENTS
Page

Submission of the report
Discussion of conditions incident to the banking holiday
Speeches, reference to
Legislation recommended
National banks in the trust field:
Statement relative to
Fiduciary activities of, during year ended June 30, 1933, segregated
according to capital
Fiduciary activities of, during year ended June 30, 1933, segregated
according to population of places in which banks were located
Fiduciary activities of, by Federal Reserve districts, June 30, 1933
Classification of investments in living and court trust accounts under
administration by the active national-bank trust departments, on
June 30, 1933, segregated according to capital of banks and population of places in which banks were located
Classification of investments in living and court trust accounts under
administration by the active national-bank branches with trust
departments on June 30, 1933, segregated according to population
of places in which branches were located
Fiduciary activities of branches of national banks during year ended
June 30, 1933, segregated according to population of places in
which branches were located
National-bank failures:
Statement relative to
c_
Receiverships, year ended October 31, 1933
Receiverships, 1865-1933
Active receiverships as of October 31, 1933
Receiverships terminated, 1865-1933
Receiverships terminated, year ended October 31, 1933
Financial operations of division of insolvent national banks from
October 1, 1932, to September 30, 1933
Summary showing progress and results of liquidation of all national
banks placed in charge of receivers from 1865 to October 31, 1933-_
Capital, date of appointment of receiver, and percent of dividends
paid by insolvent national banks, the affairs of which were closed
or restored to solvency during year ended October 31, 1933
State bank failures in the District of Columbia, year ended October
31, 1933
Organization and liquidation of national banks, year ended October 31,
1933, 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, 1933
Number and kind of branches authorized and closed during year
ended October 31, 1933
Number and manner of acquisition of domestic branches during year
ended October 31, 1933, by States
Number and class of domestic branches closed during year ended
October 31, 1933, by States
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, 1933
Bond transactions relative to, year ended October 31, 1933




in

1
1-8
8
8-16
17, 18
19, 20
21-23
24
25
26
26-28
29, 30
30, 31
31, 32
32, 33
33, 34
34, 35
35, 36
36
37, 38
38, 39
40, 41
41, 42
42
42
43, 44
44, 45
46
46, 47
47, 48

IV

CONTENTS
Page

Redemption of National and Federal Reserve bank circulation, year ended
June 30, 1933
.
48, 49
Condition of national banks at date of each call during year ended October
31, 1933
L
49
Principal items of assets and liabilities of national banks, October 25, 1933_ 50, 5 !
National-bank liabilities on account of bills payable and rediscounts at
date of each call during year ended October 31,1933
52
Loans and discounts of national banks:
Classification of, June 30, 1931, 1932, and 1933
53
Classification of, by reserve cities and States, June 30, 1933
54—57
Comparative statement of, as of June 30, for the last 3 years, in central
reserve and other reserve cities, all reserve cities and elsewhere
58
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, 1929
58
United States Government securities owned by licensed national banks:
Classification of, by reserve cities and States, June 30, 1933
59, 60
Investments of national banks:
ComDarison of, June 30, 1931, 1932, and 1933
61
United States Government, domestic, and foreign bonds, securities, etc.,
owned by licensed national banks:
Classification of, by reserve cities and States, June 30, 1933
62-65
Earnings and dividends of national banks:
Comparison of, years ended June 30, 1932 and 1933
66, 67
Abstract of reports of—
By reserve cities and States, year ended June 30, 1933
68-79
By Federal reserve districts, year ended June 30, 1933
80, 81
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 owned and loans and discounts, years
ended June 30, 1918 to 1933
„
82
Number of national banks, capital, surplus, net addition to profits, dividends, and percentage ratios, years ended June 30, 1914 to 1933
82
National banks classified according to capital stock, December 31, 1932:
Number, loans and discounts, bonds and securities owned, tctal
assets, capital, surplus and undivided profits, and total deposits
of
83
Federal Reserve banks:
Assets and liabilities of the 12 Federal Reserve banks combined, as
of the last weekly statement date in October 1931 to October 1933..
83
Principal assets and liabilities of the 12 Federal Reserve banks
combined, on the last weekly statement date in each month, from
January 1931 to October 1933
84
New York Clearing House:
Statement relative to transactions of, year ended September 30, 1933 _ _
84
Clearing-house associations in the 12 Federal Reserve bank cities and
elsewhere:
Statement relative to transactions of, year ended September 30,
1933
'_
85
All reporting licensed banks, June 30, 1933:
Summary of reports of condition of, by classes of banks
85-88
Assets and liabilities of, by States
89-97
Assets and liabilities of, June 30, 1929 to 1933
98
Principal items of assets and liabilities of, in the continental United
States, as compared with similar data for member banks of the
Federal Reserve system
98
Per capita demand and time and savings deposits, by States
99,100
Savings deposits and depositors, according to class of banks, by
States__
101-107
National banks, assets and liabilities of, June 30, 1929 to 1933
108




CONTENTS
Banks other than national:
List of officials of State banking departments and number of each
class of licensed banks under their supervision in June 1933, from
which reports of condition were received
108-110
Assets and liabilities of, June 30, 1929 to 1933
111
State (commercial), assets and liabilities of, June 30, 1929 to 1933___ 112
Loan and trust companies, assets and liabilities of, June 30, 1929 to
1933
113
Stock savings—
Assets and liabilities of, June 30, 1929 to 1933
114
Number of savings depositors, amount of savings deposits, and
average deposit account, by States, June 30, 1932 and 1933
115
Mutual savings—
Assets and liabilities of, June 30, 1929 to 1933
116
Number of savings depositors, amount of savings deposits, and
average deposit account, by States, June 30, 1932 and 1933
117
Stock and mutual savings, number of savings depositors, amount of
savings deposits, and average amount due each depositor, June 30,
1914 to 1933
118
Private, assets and liabilities of, June 30, 1929 to 1933
119
Banks in District of Columbia:
Assets and liabilities of, by classes, June 30, 1933
120, 121
Assets and liabilities of national banks in^June 30, 1929 to 1933
122
Assets and liabilities of loan and trust companies in, June 30, 1929 to
1933
122, 123
Assets and liabilities of savings and State banks in, June 30, 1929 to
1933
123
Earnings and dividends of, other than national, 6-month periods ended
December 31, 1932, and June 30, 1933, and comparison of, in years
ended June 30, 1932 and 1933
124,125
Building and loan associations in the District of Columbia—
Statement relative to
125, 126
Number of, loans, installments on shares, and total assets, years
ended June 30, 1914 to 1933
126
Credit Unions in the District of Columbia
126, 127
Building and loan associations in the United States:
Statistics relative to, by States, year ended 1932
128
Mortgage loan investments held by, in 1931 and 1932, by States
129
Failures of, each year, 1920 to 1932
130
Money in the United States:
Stock of, years ended June 30, 1914 to 1933
130
Imports and exports of merchandise, gold and silver, calendar years
1914 to 1932, and from January 1 to September 30, 1933
131
Federal land banks, condition of, September 30, 1933
132
Joint-stock land banks, condition of, September 30, 1933
133
Federal intermediate credit banks, condition of, September 30, 1933
134
Pacific National Agricultural Credit Corporation, statement of assets and
liabilities of, October 25, 1933
134, 135
United States Postal Savings System:
Statistics relative to activities of, years ended June 30, 1932 and
1933
135-139
School savings banking:
Statistics relative to, in each State, in school years 1931-32 and
1932-33, and summary each school year since 1919-20
140, 141
Expenses of the Currency Bureau:
Summary of, in the fiscal year ended June 30, 1933
141, 142




VI

CONTENTS
APPENDIX
TABLES

Page
No. 1. Comptrollers and Deputy Comptrollers of the Currency
145
No. 2. Names and compensation of officers and clerks in the Office of
the Comptroller of the Currency, October 31, 1933
145-147
No. 3. Number of national banks organized since February 25, 1863,
number passed out of the system, and number in existence
October 31, 1933
147
No. 4. Authorized capital stock of national banks on the first day of
each month from January 1929 to November 1933, 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
148
No. 5. National banks reported in liquidation from November 1, 1932, to
October 31, 1933, the names, where known, of succeeding banks
in cases of succession, with date of liquidation and capital-_ 149-152
No. 6. Capital stock, surplus, undivided profits, and total assets of banks
consolidated under act of November 7, 1918, as amended February 25, 1927, and June 16,1933, for the year ended October 31,
1933, as shown by their last reports prior to consolidation
153, 154
No. 7. National banks consolidated under act of November 7, 1918, as
amended June 16, 1933, capital, surplus, undivided profits, and
total assets, year ended October 31, 1933
155
No. 8. State banks and national banks consolidated under act of February
25, 1927, as amended June 16, 1933, their consolidated capital,
surplus, undivided profits, and total assets, year ended October
31, 1933
156
No. 9. Number and capital of State banks converted into national banking associations in each State and Territory from 1863 to Octo157
ber 31, 1933
No. 10. Conversions of State banks and primary organizations as national
banks from March 14, 1900, to October 31, 1933
157
No. 11. Number of national banks increasing their capital, together with
the amount of increase monthly for years ended October 31,
since 1928
157, 158
No. 12. Number and authorized capital of national banks chartered and
number and capital stock of banks closed in each year ended
October 31, since 1913, with the yearly increase or decrease
158
No. 13. Total number of national banks organized, consolidated under act
of November 7, 1918, as amended June 16, 1933, insolvent, in
voluntary liquidation, and in existence on October 31, 1933
159
No. 14. Changes of corporate title of national banks, year ended October
31, 1933
160
No. 15. Changes of corporate title incident to consolidations of national
banks and of State banks with national banks, year ended October 31, 1933
160
No. 16. National banks chartered during year ended October 31, 1933_ 160-165
No. 17. National banks for which increase of capital was authorized,
under act Mar. 9, 1933, as amended, by the issuance of preferred stock, together with amount of increase and rate of
dividend, etc., to close of business December 31, 1933
165-171
No. 18. National banks chartered which are conversions of State banks
during year ended October 31, 1933
171
No. 19. National banks, by States and geographical divisions, organized,
failed, and reported in voluntary liquidation during year ended
October 31, 1933
172, 173
No. 20. Number and classification of national banks chartered monthly
during year ended October 31, 1933
174
No. 21. Principal items of assets and liabilities of national banks, classified according to capital stock, December 31, 1932
174-181
No. 22. United States bonds on deposit to secure circulating notes of
national banks on October 31, 1910 to 1933
182, 183
No. 23. Profit on national-bank-note circulation, based upon a deposit
of $100,000 United States consols of 1930, and Panama Canal
loan, at the average net price, monthly, during year ended
October 31, 1933
184




CONTENTS

VII

Page
No. 24. Investment value of United States bonds—Panama Canal loans,
and 2's of 1930
185
No. 25. United States bonds (circulation)—monthly range of prices in
New York, November 1932 to October 1933
185
No. 26. National-bank notes issued, redeemed, and outstanding, by
denominations and amounts, on October 31, each year, 1931 to
1933
186
No. 27. National-bank currency issued to banks monthly from November
1, 1932, to October 31, 1933, and since 1863
187
No. 28. National-bank notes received monthly for redemption during
year ended October 31, 1933
187
No. 29. National-bank notes received at Currency Bureau and destroyed
since establishment of the system
188
No. 30. National-bank notes issued during each year 1914 to 1933,
national-bank notes of active, insolvent, and liquidated banks
destroyed, total destructions for each year, and percentage of
destructions to issues
188
No. 31. Amount, denomination, and cost of national-bank currency received from Bureau of Engraving and Printing, year ended
October 31, 1933
189
No. 32. Vault account of currency received and issued by Currency Bureau
during the year, and the amount on hand October 31, 1933
189
No. 33. Vault account of currency received and destroyed during year
ended October 31, 1933
189
No. 34. Amount of currency received for redemption, by months, from
July 1, 1932, to June 30, 1933, and counted into cash of the
National Bank Redemption Agency
189
No. 35. Amount of currency received by National Bank Redemption
Agency for redemption in year ended June 30, 1933, from
principal cities
190
No. 36. Cost of redemption of national-bank notes during the year ended
June 30, 1933
190
No. 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, 1933
190, 191
No. 38. Taxes assessed on national-bank circulation, years ended June 30,
1864 to 1933; cost of redemption, 1874 to 1933; and assessments
for cost of plates, etc., 1883 to 1933
191
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 2, 1932, to October 25, 1933
192
No. 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, 1933___
193-195
No. 41. Aggregate amount of Federal Reserve bank notes, old series,
printed, issued, canceled, and redeemed by denominations,
since the inauguration of the Federal Reserve System, and
amount outstanding October 31, 1933
196
No. 41a. Aggregate amount of Federal Reserve bank notes, series 1929,
printed, shipped, and on hand; issued, retired, and outstanding; received for destruction and destroyed by denominations,
under the terms of section 18, Federal Reserve Act, as amended
and approved March 9, 1933, during period March 9, 1933, to
October 31, 1933
196, 197
No. 42. National banks in charge of receivers during year ended October
31, 1933, capital at date of organization, capital, deposits and
borrowed money at date of failure, dividends paid while solvent, and circulation outstanding, etc
198-229
No. 42a. State banks in District of Columbia under supervision of the
Comptroller of the Currency, in charge of receivers during year
ended October 31, 1933, capital at date of organization, capital,
deposits, and borrowed money at date of failure, dividends
paid while solvent, etc
233



VIII

CONTENTS
Page

No. 43. National banks in charge of receivers during year ended October
31, 1933, dates of 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, 1933
232-319
No. 43a. State banks in District of Columbia under supervision of Comptroller of the Currency, in charge of receivers during year ended
October 31, 1933, dates of 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, 1933
320, 321
No. 44. National banks restored to solvency after having been placed in
charge of receivers
322, 323
No. 45. National banks restored to solvency which subsequently became
insolvent
„
323
No. 46. Dividends paid to creditors of insolvent national banks and
Washington, D.C., State banks under the supervision of the
Comptroller of the Currency, during the year ended October 31,
1933
324-336
No. 47. National banks placed in charge of receivers the affairs of which
have been closed, by years, from April 14, 1865, to October 31,
1933, with amounts of total nominal assets, capital stock, circulation outstanding and total deposits at date of failure, together
with various data indicating the results of liquidation, for those
receiverships closed through liquidation
337-341
No. 48. National banks placed in charge of receivers the affairs of which
have been closed, by States, from April 14, 1865, to October 31,
1933, with amounts of total nominal assets, capital stock, circulation outstanding and total deposits at date of failure,
together with various data indicating the results of liquidation, for those receiverships closed through'liquidation
342-345
No. 49. National banks unlicensed as of March 16, 1933, subsequently
disposed of without the appointments of conservators, with
capital at date of organization, capital, assets, deposits and
borrowed money as of December 31, 1932, dates of appointments
of receivers and licenses issued under the bank holiday, including data as to banks otherwise in liquidation, and amount of
deposits released through reorganizations and sales of assets
to December 31, 1933
346-359
No. 50. National banks unlicensed as of March 16, 1933, subsequently
placed in charge of conservators to December 31, 1933, capital
at date of organization, capital, assets, deposits, and borrowed
money as indicated by conservators' first reports, dates of
appointments of receivers, and conservators and licenses issued
under the bank holiday, including data as to banks otherwise
in liquidation, and amount of deposits released through reorganizations and sales of assets to December 31, 1933
360-401
No. 50a. Washington, D.C., State banks unlicensed as of March 16, 1933,
subsequently placed in charge of conservators to December 31,
1933, capital at date of organization, capital, assets, deposits,
and borrowed money as indicated by conservators' first reports,
dates of appointments of receivers and conservators, and
amount of deposits released through reorganizations and sales of
assets to December 31, 1933
402
No. 51. Dates of reports of condition of national banks from 1914 to 1933_ 403
No. 52. Condition of foreign branches of National City Bank and Chase
National Bank, of New York, N.Y., First National Bank of
Boston, Mass., and Bank of America National Trust and
Savings Association of San Francisco, Calif., on June 30,1933 _ 404-409



CONTENTS

IX
Page

No. 53. Number, capital stock, circulation outstanding, and total assets
of national banks at date of each report from April 6, 1925, to
October 25, 1933, money in the United States on June 30 each
year, etc
410
No. 54. Abstract of reports of condition of licensed national banks in the
central reserve cities of New York and Chicago, in other reserve
cities, and elsewhere, at close of business October 25, 1933
411
No. 55. Abstract of reports of condition of licensed national banks in
central reserve and other reserve cities and country banks, June
30, 1933
412
No. 56. Classification of amounts "due from" and "due t o " banks reported by licensed national banks, June 30, 1933
413-416
No. 57. Classification of demand and time deposits of licensed national
banks, June 30, 1933
417-421
No. 58. Classification of bills payable and rediscounts of licensed national
banks, June 30, 1933
422-424
No. 59. Classification of cash in vaults of licensed national banks, June
30, 1933
424-426
No. 60. Gold and silver coin, certificates, legal tenders, and other currency
held by national banks at date of each call from April 6, 1925,
to October 25, 1933
427
No. 61. Gold, etc., held by national banks in the central reserve city of
New York at date of each call from April 6, 1925, to October 25,
1933
428
No. 62. Reserve computation of licensed national banks June 30, 1933_ 429-433
No. 63. Total assets and liabilities of national banks from March 1929 to
October 1933
434-438
No, 64. Abstract of reports of condition of national banks, according to
reserve cities and States, at date of each call during year ended
October 31, 1933
439-552
No. 65. Abstract of reports of condition of licensed national banks in each
Federal Reserve district, June 30, 1933
553, 554
No. 66. Abstract of reports of earnings and dividends of national banks
for the period of 6 months ended December 31, 1932
555-565
No. 66a. Supplemental abstract of reports of earnings and dividends of
national banks for the period of 6 months ended December 31,
1932
.
566-568
No. 67. Abstract of reports of earnings and dividends of national banks,
by Federal Reserve districts, 6 months ended December 31,
1932
569,570
No. 67a. Supplemental abstract of reports of earnings and dividends of
national banks, by Federal Reserve districts, 6 months ended
December 31, 1932
571
No. 68. Abstract of reports of earnings and dividends of licensed national
banks for the period of 6 months ended June 30, 1933
572-581
No. 69. Abstract of reports of earnings and dividends of licensed national
banks, by Federal Reserve districts, 6 months ended June 30,
1933
582,583
No. 70. Abstract of reports of savings and State banks in the District of
Columbia at date of each call during year ended October 31,
1933
584
No. 71. Abstract of reports of loan and trust companies in the District of
Columbia at date of each call during year ended October 31,
1933
585
No. 72. Principal items of assets and liabilities of each licensed savings
and State bank in the District of Columbia, October 25, 1933__ 586
No. 73. Principal items of assets and liabilities of each licensed loan and
trust company in the District of Columbia, October 25, 1933-_ 587
No. 74. Principal items of assets and liabilities of savings and State banks
in the District of Columbia on or about October 1, 1914 to 1933_ 588
No. 75. Principal items of assets and liabilities of loan and trust companies in the District of Columbia on or about October 1, 1914
to 1933
588
No. 76. Individual statements of assets and liabilities of the 28 building
and loan associations in the District of Columbia on or about
June 30, 1933
589,590



X

CONTENTS
Page

No. 77. Summary of assets and liabilities, receipts, and disbursements of
building and loan associations in the District of Columbia for
the 6 months' period ended on or about December 31, 1932
591
No. 78. Summary of assets and liabilities, receipts, and disbursements of
building and loan associations in the District of Columbia for
the 6 months' period ended on or about June 30, 1933
591, 592
No. 79. Individual statements of assets and liabilities of the 14 credit
unions in the District of Columbia on or about June 30, 1933 592, 593
No. 80. Summary of assets and liabilities, receipts, and disbursements of
credit unions in the District of Columbia, June 30, 1933
593
No. 81. Abstract of assets and liabilities of licensed State (commercial)
banks June 30, 1933
594-601
No. 82. Abstract of assets and liabilities of licensed loan and trust companies June 30, 1933
L__ 602-609
No. 83. Abstract of assets and liabilities of licensed stock savings banks
June 30, 1933
610-613
No. 84. Abstract of assets and liabilities of licensed mutual savings banks
June 30, 1933
614-617
Nc. 85. Abstract of assets and liabilities of licensed private banks June 30,
1933
618-621
No. 86. Abstract of assets and liabilities of licensed State (commercial),
savings and private banks, and loan and trust companies June
30, 1933
622-629
No. 87. Abstract of assets and liabilities of licensed national banks June
30, 1933
630-637
No. 88. Gold, silver, etc., held by banks other than national, June 1914
to 1933
638
No. 89. Abstract of assets and liabilities of all reporting State and private
banks on or about June 30, each year, 1914 to 1933
639
No. 90. Abstract of assets and liabilities of all reporting national banks
on or about, June 30, each year, 1914 to 1933
640
No. 91. Abstract of assets and liabilities of all reporting banks on or about
June 30, each year, 1914 to 1933
641
No. 92. Statement of the transactions of the New York Clearing House
for 80 years, and separately for each year, 1914 to 1933, the
number of banks, aggregate capital, clearings, balances, average of daily clearings and balances, and the percentage of
balances to clearings
642
No. 93. Comparative statement for 1933 and 1932 of transactions of the
New York Clearing House, showing decrease in aggregate
clearings and balances
642
No. 94. 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 from 1914 to 1933
643
No. 95. Comparative statement of exchanges of clearing houses of the
United States for years ended September 30, 1933 and 1932. _ 643-646
No. 96. 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, 1933 and 1932
647
No. 97. Number, capital, deposits, and total assets of licensed and unlicensed national banks, by Federal Reserve districts, March
16, June 30, October 25, and December 30, 1933
647-654
No. 98. Bank suspensions, by States, in the 6 months ended December 31,
1932
655,656
No. 99. Bank suspensions, by States, January 1 to March 15, 1933
657, 658
No. 100. Bank suspensions, by States, July 1,1932 to March 15,1933___ 659,660
No. 101. Bank suspensions, 1864 to 1933
661
No. 102. Banks suspended and nonlicensed banks placed in liquidation or
receivership January 1 to December 31, 1933, and nonlicensed
banks on selected dates in 1933
662,663
TABLE K. Statements of assets and liabilities of the individual licensed national
banks (States, Territories, and towns arranged alphabetically) at
close of business December 30, 1933. (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,

Washington, January S, 1934SIR: I have the honor to submit the following report in accordance
with the provisions of section 333 of the United States Revised
Statutes, covering the activities of the Currency Bureau in the year
ended October 31, 1933. This Bureau was organized under an act
of Congress passed February 25, 1863. This is the seventy-first
report made to Congress since the organization of the Bureau. The
period covered by this report was one of the most eventful in American
history. It witnessed disturbances which seriously threatened complete collapse of the banking system of the Nation. Crises had
developed in several States, but the storm broke most menacingly
in the State of Michigan. Governor William A. Comstock issued
his proclamation on February 13, 1933, which closed all the banks
in that State. Fear spread among depositors and heavy withdrawals
occurred everywhere. The huge sum of $1,630,000,000 was withdrawn in cash. These events occurred just before a change in the
National Administration. Prompt and courageous action was
imperatively necessary to meet this great national crisis.
The President, early on the morning of March 6, issued his proclamation that all banking institutions and branches thereof located
in the United States, including the territorial and insular possessions,
maintain a bank holiday for the 4-day period from March 6 to
March 9, inclusive. On March 9, 1933, the day of the expiration of
the temporary banking holiday, existing by virtue of the proclamation by the President, a message was directed to Congress by the
President requesting immediate enactment of legislation giving the
executive branch of the Government control over banks for the protection of depositors and for further authority necessary to the reorganization and reopening of such banks.
In accordance with the request of the President, Congress passed,
without a dissenting vote, an act as of March 9, known as the
"Emergency Banking Act" and entitled "An act to provide relief
in the existing national emergency in banking, and for other purposes." On the same day, immediately subsequent to the passage
of this act, and in accordance with authority extended thereby, the
President issued a second proclamation continuing in full force and
effect the regulations and orders incorporated in the first proclamation of March 6, thereby indefinitely extending the bank holiday.
On March 11, 1933, the President announced that a definite program had been adopted for the reopening of banks and that in accord-




2

REPORT OF THE COMPTROLLER OF THE CURRENCY

ance therewith banks throughout the country would be reopened
progressively on the 13th, 14th, and 15th days of March. The plan
of reopening, as further detailed by the announcement thereof, provided that eligible banks would receive licenses to open from the
Secretary of the Treasury, such licenses to be granted effective
Monday, March 13, for both national and State bank members of
the Federal Reserve System located in each of the 12 Federal Reserve
bank cities; effective, Tuesday, March 14, for banks located in the
250 cities of the country having active recognized clearing-house
associations; and effective Wednesday, March \15, for all banks
located elsewhere. With reference to nonmember State banks, the
President, in his Executive order of March 10, 1933, said:
The appropriate authority having immediate supervision of banking institutions in each State or any place subject to the jurisdiction of the United States is
authorized and empowered under such regulations as such authority may prescribe to permit any banking institution in such State or place, other than banking institutions covered by the foregoing paragraph, to perform any or all of
their usual banking functions, except as otherwise prohibited.

Licenses were issued by the Secretary of the Treasury to State
member banks upon the recommendation of the Federal Reserve
banks and to national banks upon the recommendation of the Federal
Reserve banks, the Comptroller of the Currency and his examiners.
There were 5,916 active national banks which suspended ordinary
banking operations in accordance with the President's proclamation.
Under the plan for reopening the banks, as announced by the President,
4,510 national banks, with deposits of $16,222,583,000, based on the
December 31, 1932, call for reports of condition, were licensed to reopen during the 3 days, March 13, 14, and 15, and 6 banks with
deposits of $8,246,934 were placed in charge of receivers or otherwise
liquidated during the banking holiday, leaving 1,400 national banks
unlicensed as of March 16, 1933, with deposits of $1,940,495,230.*
The Emergency Banking Act of March 9 also extended, under
title II cited as the "Bank Conservation Act", authority to the
Comptroller of the Currency, whenever such action should be deemed
necessary by him for the purpose of conserving the assets of such
banks for the benefit of depositors, to appoint conservators for national
banks and banks operating under his supervision. Such conservators,
vested generally with the rights, powers, and privileges of national
bank receivers would be required to take possession of the assets and
records of the banks under the direction of the Comptroller and to
thereafter take such action as might be necessary to conserve such
assets pending further disposition thereof as provided by law.
Under authority granted by title II of the Emergency Banking
Act the Comptroller placed 1,105 banks in conservatorship to December 31, 1933. Of the total 1,105 banks so placed in conservatorship,
1,088 were among the 1,400 national banks unlicensed on March 16,
while the additional 17 appointments were for 10 State banks in
Washington, D.C., 5 banks for which licenses were granted prior
to March 16 but later revoked, 1 bank for which license was granted
after March 16 but later revoked, and 1 bank which suspended business
prior to the banking holiday. The remaining 312 of the unlicensed
national banks on March 16 were either licensed without the appointments of conservators,
placed in receivership, or otherwise went into
liquidation.1
i Figures in this paragraph have been revised since published in text edition of report.



EEPORT OF THE COMPTROLLER OF THE CURRENCY

O

In addition to the 1,400 national banks unlicensed on March 16,
conservators were appointed for 7 other national banks as outlined
in the paragraph above, making a total of 1,407 national banks the
affairs of which had not been definitely and finally disposed of on
March 16. Total deposits of these 1,407 national banks, based upon
the December 31, 1932, call report as to the 312 banks subsequently
disposed of without the appointments of conservators, and upon
conservators' first report figures for the 1,095 conservator banks,
totaled $1,959,467,250. In connection with the disposition of these
banks and the deposits thereof it is found that as of December 31,
1933, 489 with deposits of $562,806,477 had been licensed, 336 with
deposits of $789,633,608 placed in receivership, 452 with deposits of
$425,278,830 were still unlicensed, and 130 with deposits of $181,748,335
were otherwise in liquidation. Total deposits made available to
creditors of the 1,407 banks to December 31, 1933, through the
licensing and reopening of such banks or the formation of new banks
and the sale, at par value plus accrued interest, of assets to and
assumption of liability by such banks, amounted to approximately
$745,199,000. Of such deposits released $512,471,000 had been made
available to creditors of the 489 licensed banks, $109,323,000 to creditors of the 336 banks placed in receivership and $123,405,000 to
creditors of the 130 banks otherwise in liquidation. There has been
released through distributions by conservators and receivers, in addition to the above amount of $745,199,000, approximately $230,000,000,
leaving tied up approximately $984,268,250. Of the remaining 452
unlicensed national banks, 342 with frozen deposits of $331,852,000,
based on the October 25, 1933, call, had approved plans for reorganization1 and 110 with frozen deposits of $68,582,000 had disapproved
plans.
While the approval of a plan of reorganization does not complete
the work involved in these cases, I feel that the major problem of the
unlicensed banks from a reorganization standpoint has been largely
solved. This accomplishment has only been possible through the
intelligent hard work of the employees of the Comptroller's office
in Washington and in the field, the cooperation of the Federal Keserve
banks, and the aid rendered by the Reconstruction Finance Corporation.
There is another phase of banking which is now having the active
attention of the Comptroller's office—the strengthening of the capital
structure of national banks by new capital through the purchase by
the Reconstruction Finance Corporation of preferred stock. I am
confident that with an extension of the powers of the Reconstruction
Finance Corporation and a completion of the present policy in this
direction the national banking system will be on a firm basis.
Under the provisions of the Banking Act of 1933, the Comptroller
of the Currency was named an ex-officio member of the Federal Deposit Insurance Corporation Board. The President appointed the
two other members: Hon. Walter J. Cummings, of Chicago, and
Hon. E. G. Bennett, of Ogden, Utah, and on September 11, 1933, they
took their oath. During the interim between the passage of the law
and the organization of the Board, I felt it necessary to lay the foundation for the organization of the corporation in view of the fact that it
would be necessary to examine over 8,000 State institutions before
January 1, 1934. These activities were reported to the directors of
Figures in this paragraph have been revised since published in text edition of report.
Digitized for iFRASER


4

REPORT OF THE COMPTROLLER OF THE CURRENCY

the Federal Deposit Insurance Corporation at their first meeting held
on September 11, 1933. I am taking the liberty of quoting from the
report:
The Comptroller first prepared a chart outlining the divisions of the insurance
corporation in order to call the attention of the bankers to the various activities
which would be under the direction of the Board and to give to the public an
idea of its general operation as well as to create a definite picture of the problems
with which the directors would be confronted.
After a conference with the President the early part of July, the President
sent a letter to the governors of each of the States calling attention to the provisions of the Banking Act of 1933. The letter was as follows:
" My DEAR GOVERNOR: YOU have no doubt given serious consideration to the
provisions of the Glass-Steagall bill, known as the ' Banking Act of 1933,' which
was approved by me on June 16, 1933.
" This act contains far-reaching provisions with reference to State banks. In a
very short time, to wit, January 1, 1934, certain State banks which secure a
certificate of solvency from the proper State banking authority and which after
examination are found satisfactory to the Federal Deposit Insurance Corporation will be admitted to the benefits of the insurance fund.
" In order that State banks may receive the ultimate benefits of the act, it will
be necessary in many States for additional legislation; in others, amendments to
existing laws, and in others, constitutional changes. You will appreciate the
necessity of immediate action in order that the benefits of this act will be as
widely distributed as possible.
"May I suggest to you that you call together representatives of your State
banking department, together with leading State bankers, to discuss with you
the necessary legislative changes or constitutional amendments to bring about
the desired effect.
" I call your particular attention to the following paragraph of the Banking Act
of 1933, which is found under subsection (y) of section 8 (last paragraph), which
reads as follows:
" I t is not the purpose of this section to discriminate, in any manner, against
State nonmember, and in favor, of national or member banks; but the purpose
is to provide all banks with the same opportunity to obtain and enjoy the benefits of this title. No bank shall be discriminated against because its capital
stock is less than the amount required for eligibility for admission into the
Federal Reserve System.'
" Thanking you for your prompt consideration of this matter, I beg to remain
President."

With the permission of the President the Comptroller sent a letter to the
governors asking to be advised as to the action taken in accordance with the
President's letter. The letter was as follows:
•" My DEAR GOVERNOR: The President has handed me your letter of
.
If it is not too much trouble, would you let me have the following information
for my permanent files in connection with the Federal Deposit Insurance Cor, poration created under the Glass-Steagall bill:
" (1) Date of conference called by you as suggested in the President's letter of
Julv 6th.
(2) Names and addresses of those who participated in the conference.
" (3) Action, if any, taken by the conference.
" (4) Any suggestions the conference had to make which should be considered
by the directors of the Federal Deposit Insurance Corporation when organized.
" (5) The total number of State banks in your State.
" (6) The number of State banks closed in your State.
" (7) The number of closed State banks in your State which may possibly be
reopened.
"(8) The number of State banks in receivership in your State which have no
chance of being reopened.
" (9) If two or more State banks desire to consolidate in your State, what percentage of stock must favor the merger?
" The new corporation will shortly be perfected, and I should like very much to
have this information to lay before the new board.
"Very cordially yours,



" J . F. T. O'CONNOR,

Comptroller."

REPORT OF THE COMPTROLLER OE- THE CURRENCY

S

The replies to these letters have been kept in the temporary Federal Deposit
Insurance Corporation files in the Comptroller's office.
The Comptroller wrote a letter on July 26, 1933, to the State banking commissioner of each State asking for some 10 to 30 or 40 names for each State of
competent men to examine State banks, the number depending on the size of
the State and the number of banks therein. A similar letter was sent to the
leading Members of the United States Senate asking for like information. In each
case it was stated that the Board desired only the names of men experienced in
banking with at least 5 years of practical work in banks. It was suggested that
at least five letters from bankers as to the character, reputation, and banking
experience of each applicant should be submitted. Afileof approximately 1,500
names has been built up on this basis and is in the temporary files of the Federal
Deposit Insurance Corporation in the examining division of the Comptroller's
office. It was the Comptroller's plan in compiling this preliminary list to have
a sufficient force at hand to put men into the field at once for the purpose of
making the State examinations.
In preparation for the housing of the force of the Federal Deposit Insurance
Corporation in Washington, the Comptroller made a thorough examination of the
Commercial National Bank Building, located about a block from the Treasury
Building. About sevenfloorsin this building are available for office space for the
Corporation if desired.
Treasury Department officials asked the Comptroller to advise when demand
would be made for the $150,000,000 appropriated by the Government. The
Comptroller advised the officers that only necessary organization money would
be needed prior to January 1, 1934, and after that date $10,000,000 or $15,000,000
a month would no doubt be sufficient. The Comptroller was careful to state
that this was a tentative suggestion as he had no authority to make any definite
commitment.
The Comptroller made the following recommendations to the Board:
1. That each bank applying for insurance be furnished with blank forms, to be
completed by the banks, setting forth each asset under a proper heading, and also
the amount of its deposit liabilities and obligations to other creditors. This will
save much time and the examiner will then check the item and appraise the same.
2. That an examiner who knows the values in the particular State in which he is
located be assigned with necessary assistants to each State capital to work with
the Banking Commissioner. All examiners in the State would report to the
State chief, who in turn, would report to Washington. In this way the work
would be decentralized.
3. That the names of the banks insured and their location should be simultaneously announced by the Board.
4. That the largest banking institutions in each State be examined first.
5. That a printed copy of the Bank Act of 1933 be sent to each nonmember
State bank operating on an unrestricted basis.

The following is correspondence between Mr. Walter J. Cummings,
chairman of the Federal Deposit Insurance Corporation, and the
President, showing the status of the work on January 1, 1934:
JANUARY 1, 1934.

Pursuant to your request, I have the honor to submit
to you a brief report of the work of the Federal Deposit Insurance Corporation.
We have insured 13,423 banks. The insurance covers deposits up to $2,500
until July 1, 1934, when the permanent provisions of the Act become operative.
A careful survey shows that 97 percent of the total number of depositors are
insured in full.
We found 141 banks ineligible for insurance. A number of them may be
insured by making certain corrections. In other words, approximately 1 percent of the applying banks could not qualify. This remarkable record was
due to the assistance given by the Reconstruction Finance Corporation by the
purchase from banks of preferred stock and capital notes.
I believe that the insuring of bank deposits will not only be of incalculable
value in restoring public confidence in the Nation's financial institutions now
strengthened, but that it will be of tremendous assistance in hastening the return
of prosperity. It will banish the fear of the depositor as to the safety of his money
and, from the banker's point of view, the elimination of the possibility of sudden
and heavy withdrawals, will make possible the expansion of credit for legitimate
purposes.
DEAR MR. PRESIDENT:




6

REPORT OF THE COMPTROLLER OF THE CURRENCY

The Federal Government has subscribed $150,000,000 to the capital of the
Federal Deposit Insurance Corporation, the Federal Reserve banks have subscribed $140,000,000, and in assessments the corporation has received over
$37,000,000, making a total of $327,000,000 available funds for the immediate
use of the corporation.
I should like to express my real appreciation of the untiring efforts and close
cooperation shown by the other two directors of the corporation: Mr. J. F. T.
O'Connor, Comptroller of the Currency, and Mr. E. G. Bennett.
The immediate task you entrusted upon your directors has been accomplished.
We now direct our efforts to the advance of a great work—protect deposits and
permit banks to function as useful instruments in the recovery program.
Thanking you for the opportunity to serve in this way, I am
Very sincerely yours,
WALTER J. CUMMINGS, Chairman.
The PRESIDENT,

The White House.
THE WHITE HOUSE,

Washington, D.C., January 1, 1984.
MY DEAR MR. CUMMINGS: I congratulate you and Mr. Bennett and Mr.
O'Connor because you have in these few months accomplished with complete
success a gigantic task which the pessimists said could not possibly be done
before January 1.
That 97 percent of the bank depositors of the Nation are insured will give
renewed faith.
I am also happy to know of the fine cooperation given to you by the Reconstruction Finance Corporation.
Very sincerely yours,
FRANKLIN D. ROOSEVELT.
Mr. WALTER J. CUMMINGS,

Chairman, Federal Deposit Insurance Corporation.

In addition to the new duties of the Comptroller as a member of the
Federal Deposit Insurance Corporation Board, he was appointed to
membership on two special committees created by the President, one
to be known as the Deposit Liquidation Board, on October 15, 1933,
which constitutes a special division of the Reconstruction Finance
Corporation. The President appointed this Board for the purpose of
making loans to banks closed since January 1, 1933, on their assets.
The board was constituted as follows:
C. B. Merriam, the head of the special board; Jesse H. Jones,
chairman of the Reconstruction Finance Corporation; Dean G. Acheson, Under Secretary of the Treasury; J. F. T. O'Connor, Comptroller
of the Currency; Walter J. Cummings, chairman, Federal Deposit
Insurance Corporation; Lewis Douglas, Director of the Budget.
"The purposes of the Deposit Liquidation Division", the President's announcement read, "will be to stimulate and encourage
liquidating agents of banks closed after January 1, 1933, to borrow
from the Reconstruction Finance Corporation in order that funds may
be made available to depositors as quickly as possible. The general
intention is to make loans on the assets of closed banks for the benefit
of depositors up to a maximum of 50 percent of their deposits, inclusive of distributions heretofore made. This does not, of course, mean
that in a bank whose remaining assets are worthless, the depositors
will get 50 percent. They will get in such a case only their share in
the remaining assets.
" I t is estimated that the maximum loanable value of the assets of
banks closed during the year 1933 will not exceed $1,000,000,000, and
it is hoped that the distribution will approximate that amount."
We have acted speedily in coming to the rescue of depositors in
closed banking institutions. Between October 17, when this Board




REPORT OF THE COMPTROLLER OF THE CURRENCY

7

started functioning, and January 2, 1934, the Reconstruction Finance
Corporation authorized $243,119,582.97 for distribution to depositors
in 496 closed banks, nearly all of which were closed after the first of
the year.
The President, on October 23, 1933, announced the establishment
of a special Reconstruction Finance Corporation division for bank
reorganization and to make recommendations for purchase by the
Reconstruction Finance Corporation of preferred stock of State banks.
The following members of this new division were named by the President:
Harvey Couch, to be its head; Jesse Jones, chairman of the Reconstruction Finance Corporation, ex-officio; Eugene Black, Governor of
the Federal Reserve Board; Dean Acheson, Under Secretary of the
Treasury; Lewis Douglas, Director of the Budget; J. F. T. O'Connor,
Comptroller of the Currency; Walter J. Cummings, chairman, Federal
Deposit Insurance Corporation; Henry Bruere; Frank Walker.
At the same time the President announced that " Governor Black
is to head a subcommittee on cooperation with member banks in this
same effort." The prime purpose behind the formation of this special
division was to prepare State banks for eligibility in the Federal
Deposit Insurance Corporation by January 1 in that the sale by them
of preferred
stock will strengthen their capital structure. "We
hope7', President Roosevelt said, in announcing the creation of this
Division, "that all banks will take advantage of this opportunity to
put themselves in an easy cash position to help in the work of recovery. We need the banks and want them to have adequate capital.
As a rule such capital cannot now easily be found in the communities.
As recovery continues such capital will be found. But in the meanwhile and temporarily, but for such length of time as may be necessary, the Government will supply the necessary capital through the
Reconstruction Finance Corporation in its purchase of preferred
stock. The Reconstruction Finance Corporation will thus serve as a
recovery finance corporation.
"The banks must feel free to function well, and the Government
will help them prepare themselves to play their important part.
"To accept the Government's offer to purchase preferred stock
does not mean that a bank is weak but that it is eager to cooperate in
the recovery effort to the fullest possible extent and thus undertake to
put this additional capital to work. We are not thinking of idle
capital. We are thinking of working capital-—capital working for
recovery."
As a member of the Board appointed by President Roosevelt, I
can say with pardonable pride that we have made a good record so far
in strengthening State banks through the purchases of their preferred
stocks, capital notes, and debentures by the Reconstruction Finance
Corporation. From October 23, the date of creation of this division
by the President, to the close of business on December 31, a total of
3,323 nonmember banks had a total of $242,100,000 approved for
issue, of which amount $84,936,000 consisted of preferred stock and
$157,164,000 consisted of capital notes and debentures.
In addition to the above record made by the special division in such
a short time, the Reconstruction Finance Corporation during the 7
months ended December 31, 1933, approved the purchase of a total
of $65,336,000 in preferred stock, capital notes, and debentures in 78
31460°—34
2



8

BEPOKT OF THE COMPTROLLEK OF THE CURRENCY

nonmember banks. During the same time the corporation approved
1,059 applications from member banks for a total issue of $502,930,000, of which amount $372,868,000 was in preferred stock and
$130,062,000 in capital notes and debentures.
Never in our history has the Federal Government done so much to
aid distressed depositors in closed banks by declaring dividends from
the loans made on the assets, as well as the purchase by the Government of preferred stock, capital notes, and debentures in the banks in
the country.
SPEECHES
It was my pleasure to make the following addresses in the period
from June 14, 1933, to November 25, 1933, with respect to these
activities:
June 14—Before the Minnesota State Bankers' Association, Minneapolis, Minn.
July 19—Before a meeting of the District of Columbia Division of the Young
Democratic Clubs of America held at Washington, D.C. (broadcast over a network of the National Broadcasting Co.).
September 7—Before the convention of the American Bankers' Association,
Chicago, 111.
October 18—Before the Dallas Clearing House Association, Dallas, Tex.
October 19—Before the Fort Worth Clearing House Association, Fort Worth,
Tex.
October 21—Before the Houston Clearing House Association, Houston, Tex.
November 25—Before the semiannual meeting of group 5 of the California
Bankers' Association, Los Angeles, Calif.
LEGISLATION

On June 16, 1933, "The Banking Act of 1933 " became law. This
legislation as a whole is sound and contains many much needed provisions of law, but like most major legislation, application by administrative officers reveals certain features which, in practice,work in a cumbersome manner or bring about situations which its framers did not intend.
I recommend, therefore, that Congress enact corrective and clarifying legislation in the following respects. These recommendations,
while made as specific suggestions for revision of the act in those
respects which appear, in the light of practical operation, to require
revision, and as to the defects which require remedies, are not intended
to be specific with respect to the provisions or language of possible
amendments:
1. Section 2 of the act defines "affiliates" and "holding company
affiliates" of a member bank. Numerous questions have arisen with
respect to the application of these definitions to various situations with
the result that the Secretary of the Treasury requested an opinion
from the Attorney General who held that the law must be interpreted
literally since the language was unambiguous, even though it might
appear to be in conflict with the intentions of the framers of the act
as expressed subsequent to the passage of the legislation. As a result
it has been found that a large number of different types of corporations, which Congress may not have intended affecting, are apparent
affiliates of member banks such as retail clothing corporations,
packing companies, newspapers, lumber yards, steamship companies,
churches, eleemosynary institutions, etc.
Section 27 of the act which amends section 5211 of the Revised
Statutes (U.S.C., title 12, section 161; supplement VI, title 12, section
161), provides that each national banking association shall obtain



REPORT OF THE COMPTROLLER OF THE CURRENCY

9

from its affiliates not less than three reports during each year containing such information as in the judgment of the Comptroller of
the Currency shall be necessary to disclose fully the relations between
such affiliate and such bank, and also provides for the publication of
such reports. Section 5 (c), which is an amendment of section 9 of
the Federal Reserve Act as amended, makes similar provisions with
respect to State member banks of the Federal Reserve System.
The result of these mandatory requirements has been the accumulation in the Comptroller's office of a great deal of information which
has no practical use, since in many cases there is no dealing between
the incidental affiliates and the national banks except the relationship
created by the definition under the act. Moreover, the furnishing
and publication of such reports has placed a tremendous burden as
well as expense on some of the banks and has naturally led to confusion in some instances in the minds of the public. This accidental
affiliate relationship arises under the definition by reason of the fact
that particularly in small communities, the leading business men and
the most eligible and desirable men for directors of the bank also
control one or more private business interests of their own with the
result the bank faces the loss of these directors if the affiliate relationship is to be discontinued.
While it is not believed necessary in this particular connection to
amend the definition with respect to affiliates, it is advisable to amend
the sections calling for the reports and the publication of reports in
such a way as to give discretion both to the Comptroller of the Currency and the Federal Reserve Board to waive the furnishing or publication of the reports upon a proper showing. There are, however,
certain accidental affiliates in addition to those mentioned which it is
not thought Congress intended to embrace in the requirements set out
in the act, which should be specifically exempted, as follows:
(a) Where a bank is in possession of a majority of the voting shares
of a corporation as collateral to a debt of a corporation to the bank
and may or may not control said shares for voting purposes to protect
said debt.
(b) Where the bank has come into control of the majority of the
voting shares of a corporation as a result of foreclosure on such shares
which were collateral to a debt due the bank.
(c) Where the bank holds a majority of the voting shares of a corporation as trustee and controls the voting of same subject to the
terms of the trust instrument or without any governing direction in
the trust instrument but merely subject to the common-law duty to
exercise the control over said shares in the best interests of the particular trust estate; as for example, where a bank as trustee in a mortgage indenture has foreclosed on the mortgage, taking title to the fee
in a newly formed corporation, all or a majority of the voting stock of
which is controlled by the bank in its capacity as trustee for the beneficiaries.
(d) Where a bank holds a majority of voting stock in a custody
account for the benefit of certain of its customers, the stock possibly
being registered in the name of the bank, and in the absence of
specific instructions from the customer, the bank causing such stock
to be voted as it sees fit, but presumably for the benefit of the real
party in interest, namely, the customer.



10

REPORT OF THE COMPTROLLER OF THE CURRENCY

The definitions under section 2 of the act should be clarified so as
to remove the doubt which now exists as to whether or not such
definitions apply to partnerships having in mind that the word " partnership " is not used in section 2 but is used in sections 32 and 33 of the
act. Clarification should be made to eliminate the doubt as to whether
or not a bank can have more than one holding-company affiliate, as*
arises where a corporation controls a corporation which is a holdingcompany affiliate of a bank by reason of owning or controlling a
majority of the bank's stock. The section should also be clarified so
as to indicate whether or not a subsidiary of a holding company or an
affiliate thereof thereby also becomes an affiliate of the bank controlled
by the holding company. This is important because of the provisions
of section 13 governing transactions between the bank and its affiliates
and section 20 with respect to divorcements of affiliates.
2. Section 11 (b) provides that no member bank shall directly or
indirectly by any device whatsoever pay any interest on any deposit
which is payable on demand except as to deposits of public funds made
by or on behalf of any State, county, school district, or other subdivision or municipality with respect to which payment of interest is
required under State law. It also provides that no member bank shall
pay any time deposit before its maturity.
The foregoing section permits a bank to pay interest on a demand
deposit made by or on behalf of a State or political subdivision thereof,
where payment of interest is required under State law but no exception or provision for payment of interest is made with respect to
deposits of Federal public funds upon which funds existing statutes
require the depositing official to obtain interest. As a result the
Federal depositing official is confronted on the one hand with the
requirement that he obtain interest on his deposits, if placed in the
bank, whereas the bank, on the other hand, by this section is apparently
prohibited from paying such interest on a demand deposit, thus
discriminating against Federal depositing officials of public funds and
in favor of State depositing officials. This should be corrected.
This section also prohibits a bank from paying any time deposit
before its maturity. This results in a hardship in particular instances
which was probably not contemplated in selecting the language used.
In many instances by reason of a restriction agreement entered into
by depositors of banks or as a result of reorganizations, the depositors
have agreed to accept a percentage of their deposits payable at
extended intervals such as 6 months, 1 year, 2 years, etc. Such
restricted deposits have been considered by the Federal Deposit
Insurance Corporation as not deposits available in due course of
business, hence not insurable. Many of the banks are now in such
liquid position that they are willing and anxious to anticipate payment of these restricted deposits but the literal application of the
language of this section appears to prohibit such anticipation with the
result that the present policy of doing everything possible to make
frozen deposits available to depositors is obstructed.
3. Section 12 of the act provides in substance that no executive
officer of any member bank shall borrow or otherwise become indebted
to any member bank of which he is an executive officer. This section
includes a penal provision. The term "executive officer", in the
absence^ of a definition by Congress, is not susceptible of a meaning
which is definite enough to enable the Comptroller of the Currency




REPORT OF THE COMPTROLLER OF THE CURRENCY

11

and his examiners to advise the banks in regard thereto with any
degree of certainty or to determine in the examination of a bank
whether the section has been violated by reason of a loan to a particular officer.
The Attorney General in an opinion dated August 18, 1933, has
stated that no categorical answer
could be given to the question as to
who are "executive officers'7, because "it is not the designation under
which one is known but the nature of his duties which characterize
him as an ' executive officer.'" The question also arises in connection
with this section as to whether or not a bank is prohibited from accepting the accommodation endorsement or guarantee of an executive
officer in connection with an obligation not incurred for his benefit
such as agreements in favor of the bank by executive officers as a
guarantee against depreciation or elimination of assets in order to
avoid impairments of capital. This section should also be clarified
so as to indicate whether or not a loan to a partnership in which an
executive officer of the bank is a partner comes within the prohibition.
4. Section 16, amending paragraph 7 of section 5136, Revised
Statutes, as amended (U.S.C., title 12, sec. 24; supp. VI, title 12, sec.
24), provides in part that "The business of dealing in investment
securities by national banks shall be limited to purchasing and selling
such securities without recourse solely upon the order and for the
account of customers, and in no case for its own account." The
section also defines "investment securities" as being marketable
obligations evidencing indebtedness of any person, copartnership,
association, or corporation in the form of bonds, notes and/or debentures. It would appear from the language that a national bank is
prohibited from performing the service of purchasing or selling corporate stocks for the account of one of its customers. Since this does
not entail the investment by the bank of its own funds and the bank
merely acts in an accommodation capacity, it is believed that it was
not the intention of Congress to penalize the public located in communities removed from the money centers in disposing of or purchasing securities in the form of corporate stocks for investment purposes.
5. Section 18, amending section 5139, Revised Statutes, as amended
(U.S.C., title 12, sec. 52), provides in part that "After 1 year from the
date of the enactment of the Banking Act of 1933 no certificate representing stock of any such association shall represent the stock of
any other corporation", with provision for certain exceptions. Some
of the national banks are confronted with the problem of not being
able to secure the surrender of certificates by all the holders of shares
of stock of the bank for the purpose of issuing new shares which will
comply with the provisions of the act if the act is not self-operative.
It is possible that Congress intended that such separation of interest
would be automatic without the issuance of new certificates representing shares of bank stock. If such were the intention, the section
should be clarified by providing that its prohibitions shall be effective
notwithstanding any representations to the contrary that may thereafter appear on such stock certificates.
6. Section 20 of the act provides that after 1 year from the date of
its enactment, no member bank shall be affiliated in any manner with
any corporation, association, business trust, or other similar organization engaged principally in the issue, flotation, underwriting, public
sale, or distribution at wholesale or retail or through syndicate par


12

REPORT OF THE COMPTROLLER OF THE CURRENCY

ticipation of stocks, bonds, debentures, notes, or other securities.
Violation of this section subjects the member bank to a penalty not
exceeding $1,000 per day for each day during which such violation
continues.
There is some uncertainty as to whether or not the activities of
certain affiliate corporations come within the provisions of this penal
statute. While there is indication in the debates that it was aimed
at what is commonly known as securities affiliates in the sense of
affiliates dealing in stock exchange securities, yet the language is
broad and refers to " bonds, debentures, notes, or other securities."
Numerous national banks are affiliated through common stock ownership with what is commonly known as a mortgage corporation which
makes loans on real-estate securities or in some cases may make loans
on chattel mortgage securities, on automobiles, or other chattels.
There has, in the past, been some encouragement to the organization
of such affiliates, even since the passage of this act, for the purpose of
such affiliates borrowing from the Reconstruction Finance Corporation, and thereby in turn facilitating extension of credit where credit
was needed, and the banks themselves could not for various reasons
extend such credit. The section should be so clarified as to enable
those affected by its penal provisions to clearly understand what
particular activities are embraced within the scope of the section.
7. Section 21 (a) provides that—
After the expiration of one year after the date of enactment of this Act it shall
be unlawful (1) For any person, firm, corporation, association, business trust, or
other similar organization, engaged in the business of issuing, underwriting,
selling, or distributing, at wholesale or retail, or through syndicate participation,
stocks, bonds, debentures, notes, or other securities, to engage at the same time
to any extent whatever in the business of receiving deposits subject to check or
to repayment upon presentation of a passbook, certificate of deposit, or other
evidence of debt, or upon request of the depositor; or
(2) For any person, firm, corporation, association, business trust, or other
similar organization, other than a financial institution or private banker subject
to examination and regulation under State or Federal law, to engage to any extent
whatever in the business of receiving deposits subject to check or to repayment
upon presentation of a passbook, certificate of deposit, or other evidence of debt,
or upon request of the depositor, unless such person, firm, corporation, association, business trust, or other similar organization shall submit to periodic examination by the Comptroller of the Currency or by the Federal Reserve bank of
the district and shall make and publish periodic reports of its condition, exhibiting
in detail its resources and liabilities, such examination and reports to be made
and published at the same times and in the same manner and with like effect
and penalties as are now provided by law in respect of national banking associations transacting business in the same locality.

This section is likewise a penal provision and (a) (1) requires the
same clarification as is required of section 20, so that it can be clearly
understood as to what dealing in securities brings a business entity
within its application.
Section (a) (2) requires clarification because its literal language
may affect activities not contemplated. For example, a large
number of corporations for the accommodation of their employees and
families offer facilities for leaving funds on deposit with the corporation at interest. Some corporations permit employees to save
through deductions from pay roll which are held by the corporation
and payable on demand with interest to the employee. Other corporations have old-age benefit funds to which contributions are made by
employees by way of a deposit of funds, which deposit in certain



REPORT OF THE COMPTROLLER OF THE CURRENCY

13

instances may be repayable to the employee on demand, particularly
if he should leave the employment. If such activities are to be considered as engaging in the "business of receiving deposits7' where
there is not a holding out to the general public, then, of course, such
corporations as to which such activities are merely incidental to their
primary business, will choose to terminate such arrangement to the
possible injury and ultimate detriment of their employees rather
than submit to examination and make and publish reports of condition
of the corporation as a whole.
8. Section 26 (a). The second sentence of the first paragraph of
section 5200 of the Revised Statutes, as amended (U.S.C., title 12,
sec. 84; supp. VI, title 12, sec. 84), is amended by inserting before
the period at the end thereof the following:
and shall include in the case of obligations of a corporation all obligations of all
subsidiaries thereof in which such corporation owns or controls a majority interest.

This section requires clarification for the purpose of determining
whether or not the obligations of all subsidiary corporations must be
totaled for the purpose of determining whether or not an excess loan
has been made where the bank has made no loan to the parent corporation. The literal language of the section would indicate that if
the parent corporation is not indebted to the bank, then the obligations of its subsidiaries need not be totaled as one obligation for
limitation purposes, but may be considered as individual loans. Such
interpretation is consistent with the practice of not totaling loans to
individual partners where the partnership itself is not indebted to
the bank and the individual obligations of the partners were not
incurred for the benefit of the partnership.
There is considerable uncertainty as to what constitutes a subsidiary as instances have arisen where the parent corporation is 6
corporations removed from another corporation, which is in a sense
an affiliate, in that each corporation down the line controls the succeeding corporation with the technical result that the first corporation
has the possibility of controlling the sixth corporation, although there
are 5 intervening groups of stockholders, and although as a matter
of fact there is no actual control exercised by the first corporation
over the conduct of the business of the sixth corporation.
9. Section 31 (reading in part)—
After one year from the date of enactment of this Act, notwithstanding any
other provisions of law, the board of directors, board of trustees, or other similar
governing body of every national banking association and of every State bank or
trust company which is a member of the Federal Reserve System shall consist
of not less than five nor more than twenty-five members; and every director,
trustee, or other member of such governing body shall be the bona fide owner
in his own right of shares of stock of such banking association, State bank or
trust company having a par value in the aggregate of not less than $2,500,
unless the capital of the bank shall not exceed $50,000, in which case he must
own in his own right shares having a par value in the aggregate of not less than
$1,500, or unless the capital of the bank shall not exceed $25,000, in which case he
must own in his own right shares having a par value in the aggregate of not less
than $1,000.

In many cases serious practical objection has arisen with respect
to the provision in this section increasing the amount of stock which
a director is required to own for qualification, particularly in small
communities, for the following reasons:
First, frequently, present directors, whom it is desirable to retain
on the board are financially unable to make further investment in



14

REPORT OF THE COMPTROLLER OF THE CURRENCY

bank stock, sometimes because they have already contributed to the
limit voluntarily for the purpose of meeting capital impairments, etc.
Second. In some cases the stock is closely held with the result that
there is none available for purchase by the directors except at a
prohibitive price beyond the intrinsic worth of the stock. Incidents
have arisen where the present directors will no longer be able to qualify
with this requirement, and other desirable directors are either unavailable or cannot be persuaded to purchase requisite stock to qualify,
with the result that the bank finds itself with less than the required
number of qualified directors and unable to obtain the necessary
additional directors.
This condition is particularly true with respect to the smaller banks
and should be amended to restore the requirements of the law in existence before the amendment of June 16, 1933.
10. Section 32 (reading in part)—
From and after January 1, 1934, no officer or director of any member bank
shall be an officer, director, or manager of any corporation, partnership, or
unincorporated association engaged primarily in the business of purchasing,
selling or negotiating securities.

The same comment made as to section 20 applies to this section in
that it should be clarified so as to indicate clearly what type of securities are referred to. That is, whether as would seem likely, it was
intended to apply to the business of dealing in securities commonly
dealt in on the stock exchange or whether it is to be taken in the broad
sense so as to include the business of making direct mortgage loans
or buying and selling mortgage loans.
11. Section 33. The Act entitled "An Act to supplement existing
laws against unlawful restraints and monopolies, and for other
purposes," approved October 15, 1914, as amended (U.S.C, title 15,
sec. 19) is hereby amended by adding after section 8 thereof the
following new section:
SEC. 8A. That from and after the 1st day of January 1934, no director, officer,
or employee of any bank, banking association, or trust company, organized or
operating under the laws of the United States shall be at the same time a director,
officer, or employee of a corporation (other than a mutual savings bank) or a
member of a partnership organized for any purpose whatsoever which shall
make loans secured by stock or bond collateral to any individual, association,
partnership, or corporation other than its own subsidiaries.

This section, if applied literally, has had an effect in many cases
possibly not contemplated by Congress. It is to be noted that the
prohibition applies to a corporation merely if it makes such secured
loans. In other words, if in the course of a year it happened to make
two loans secured by stock or bond collateral as an accidental incident
to its business, it comes within the application of the section, regardless of the fact that it is not even slightly engaged in the business of
making such loans. In large centers banks have on their board of
directors men with wide business interests, some of whom may be
connected with a number of large corporations, most of which at
some time or other may advance funds secured by stock or bond
collateral. A retailer may advance them to a manufacturing concern
whose product it intends to buy. A corporation may loan funds to
some of its employees secured by stock of the corporation owned by
the employee. The danger of an accidental violation of this section
acts as a deterrent on desirable men with wide business interest and



REPORT OF THE COMPTROLLER OF THE CURRENCY

15

ability, acting as directors of the bank, because they feel they cannot
hope to keep so intimately in touch with the daily activities of the
other corporations in which they are interested as to be advised
when such corporations in an isolated case may happen to make a
loan secured by stock or bond collateral, whereas if the section were
limited to engaging in the business of making such loans, such problems
would be avoided.
12. Section 24b, amending section 3 of act of November 7, 1918,
as amended (U.S.C., title 12, section 33), dealing with the consolidation of two national banks should be completely rewritten so as to
provide (1) for effective passage of trust fiduciary powers; (2) accountability to dissenting stockholders for proceeds of sale of stock in
excess of the appraised value placed thereon; (3) to meet the situation
where one appraiser refuses to agree with the other two appraisers
as provided for in the act.
13. U.S.R.S., sections 5162, 5163, 5164, 5165, and act of June 20,
1874, c. 343, section 4, provide that in the withdrawal or transfer
of registered bonds to secure circulation which are pledged with the
Treasurer of the United States, such bonds shall be countersigned
by the Comptroller of the Currency. The volume of this countersigning is so heavy due to the increased national bank circulation
that it seriously interferes and handicaps the Comptroller and his
deputies in handling other matters far more important. It is recommended, therefore, that this section be amended to provide that the
Comptroller of the Currency may designate one or more persons to
make these countersignatures.
14. Section 19. Section 5144 of the Revised Statutes, as amended
(U.S.C., title 12, sec. 61), is amended to read as follows:
SEC. 5144. In all elections of directors, each shareholder shall have the right
to vote the number of shares owned by him for as many persons as there are
directors to be elected, or to cumulate such shares and give one candidate as
many votes as the number of directors multiplied by the number of his shares
shall equal, or to distribute them on the same principle among as many candidates as he shall decide; and in deciding all other questions at meetings of shareholders, each shareholder shall be entitled to one vote on each share of stock
held by him; except (1) that shares of its own stock held by a national bank as
sole trustee shall not be voted, and shares of its own stock held by a national
bank and one or more persons as trustees may be voted by such other person or
persons, as trustees, in the same manner as if he or they were the sole trustee,
and (2) shares controlled by any holding company affiliate of a national bank
shall not be voted unless such holding company affiliate shall have first obtained
a voting permit as hereinafter provided, which permit is in force at the time
such shares are voted. Shareholders may vote by proxies duly authorized in
writing; but no officer, clerk, teller, or bookkeeper of such bank shall act as
proxy; and no shareholder whose liability is past due and unpaid shall be allowed
to vote.

This section with respect to stock in the bank held by it as sole
trustee deprives said stock of voting power and makes similar provision with respect to stock of a holding company affiliate which for
some reason or other may not have obtained a voting permit. As a
result it is found that in certain instances the balance of the outstanding stock still possessed of voting power is less than a majority of
the stock issued and outstanding. The National Bank Act provides
that in certain types of resolutions by the stockholders a two thirds
majority is necessary to sustain such resolution and in one case a



16

REPORT OF THE COMPTROLLER OF THE CURRENCY

simple majority is required. As a result, there w o u M appear to be
doubt whether or not the stockholders in possession of voting right
in a bank where more than a majority of the bank stock is deprived
of a vote under this section can legally adopt a resolution of the
type required by statute to be adopted by a majority or two thirds
vote. In order to clarify this situation, it is suggested that section
5144 of the Revised Statutes as amended by section 19 of the Banking
Act of 1933 be further amended by providing that wherever the law
requires that action by the shareholders shall be by either the vote
of shareholders owning a majority of the stock or by vote of the
shareholders owning two thirds of the stock of the association that
in determining said majority or said two thirds, said majority or
said two thirds shall be computed upon the basis of the outstanding
stock possessed of and entitled to a vote at the time the action is
taken.
The sections of the National Bank Act which will be affected by
such amendment are as follows: Section 2 of the act of May 1, 1886,
U.S.C., title 12, section 30, relative to change of name or location of
the bank; section 5142 of the Revised Statutes as amended U.S.C.
title 12, section 58, with respect to increase of capital; section 5220,
Revised Statutes, U.S.C, title 12, section 181, with respect to vote
to go into liquidation; section 5143, Revised Statutes, U.S.C, title
12, section 59, with respect to reduction of capital; section 3, act of
June 30,1876, as amended August 3, 1892, and March 2,1897, U.S.C,
title 12, section 197, with respect to appointment of shareholders'
agent in liquidation, and section 5149, Revised Statutes, U.S.C, title
12, section 75, with respect to fixing of date for election of directors.
15. R.S. 5154, U.S.C, title 12, section 35, provides for conversion
of State banks into national banks. There has been an increased
number of State banks which have applied to the Comptroller of the
Currency for conversion. In examining these banks it is found that
they possess some assets which it is not legal for national banks to
acquire and hold. To require a State bank to eliminate these assets
places a burden on it which it may be unable to meet and many times
results in its inability to join the national system.
It is recommended that Congress amend this statute to provide
that such banks on conversion may continue to carry such nonconforming assets as may be determined, in the discretion of the Comptroller of the Currency, to be acceptable because of their intrinsic
value.




NATIONAL BANKS IN THE TRUST FIELD

The administration of trusts in the national banking system during
the fiscal year ended June 30, 1933, reached the greatest proportions,
both in number of trusts under administration and in the volume of
individual trust assets confided to their care than at any time since
the first permit to exercise trust powers was issued on February 25,
1915, under section 11 (k) of the Federal Reserve Act.
One thousand eight hundred and forty-five national banks had
authority to exercise trust powers on June 30, 1933, with combined
capital of $1,285,423,255 and banking resources of $18,320,841,438,
which represented 37.6 percent of the number, 84.7 percent of the
capital, and 87.8 percent of the resources of all banks in the national
banking sj^stem.
Of the number authorized to exercise trust powers, 1,478 banks
had active trust departments and were administering 100,356 individual trusts with assets aggregating $6,311,657,753, and in addition were administering 10,784 corporate trusts and acting as trustees
for outstanding note and bond issues amounting to $10,418,426,937.
Compared with 1932, these figures represent a net increase of 6,852,
or 6.2 percent, in the number of trusts being administered; an increase
of $1,669,592,382, or 26.5 percent, in the volume of individual trust
assets; and an increase of $921,180,328, or 8.8 percent, in the volume
of bond issues outstanding under which national banks had been
named to act as trustees.
A segregation of the number of fiduciary accounts in national banks
revealed that 54,095, or 48.7 percent, were those created under private or living trust agreements; 46,261, or 41.6 percent, were trusts
being administered under the jurisdiction of the courts, and the remaining 10,784, or 9.7 percent, were trusteeships under corporate
bond or note issue indentures. Private trust assets comprised
$5,029,485,372, or 79.7 percent, of the total assets under administration, while the remaining $1,282,172,381, or 20.3 percent, belonged
to court trusts. Invested trust funds aggregated $5,831,556,503, of
which bonds constituted 43.17 percent; real-estate mortgages, 12.16
percent; stocks, 33.15 percent; and miscellaneous assets, 11.52 percent.
The substantial development of trust activities in these institutions
is further emphasized by comparing the record in 1933 with that of
1928, which reflects an increase during the 5-year period of 47,364, or
42.6 percent, in the number of trusts being administered; an increase
of $3,014,347,634, or 47.8 percent, in the volume of individual trust
assets under administration, and an increase of $2,440,038,083, or
23.4 percent, in the volume of bond and note issues outstanding for
which national banks are acting as trustees.
The extent to which national banks have been named to act by the
insuring public as administrator of policy proceeds is revealed by the
fact that 206 banks were acting as trustees under 617 insurance trust
agreements involving $32,719,615 in proceeds from insurance policies,




17

18

REPORT OF THE COMPTROLLER OF THE CURRENCY

while 637 national banks had been named trustees under 16,358 insurance trust agreements not yet matured or operative supported t>y
insurance policies with a face value aggregating $696,758,940.
Three hundred and ninety-eight of the banks spent $245,623 during
the year for trust advertising, 39 banks employed full-time trust
solicitors, and 94 banks utilized the services of part-time trust
solicitors.
National bank branches numbering 215 on June 30, 1933 were
actively engaged in administering 13,271 trusts, with individual trust
assets aggregating $801,044,099, and were acting as trustees for outstanding bond and note issues amounting to $410,703,238.
The following tables show in detail the activities of national banks
in the trust field, segregated, first, according to capital of the banks;
second, according to the population of places in which the banks were
located; third, according to Federal Keserve-districts; fourth, analysis
of the type of investments held in trust, with a supplemental table
showing the extent to which national bank branches were furnishing
trust service to the communities in which they were located.




Fiduciary activities of national banks during year ended June 80, 1933, segregated according to capital
Banks
with
capital
of $25,000

Banks
with capital over
$25,000 to
$50,000

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

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

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

Banks with
capital over
$500,000

Total

g
O

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

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

TRUST ASSETS

Total.
Private trusts.
Court trusts...

LIABILITIES

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 corporate trusts
_.
Number of living trusts being administered
Number of court trusts being administeredTotal number of individual trusts being administered
Number of corporate trusts being administered
_.
Total number of trusts bsing 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.
Number of insurance trust agreements not operative
Face value of policies held under above agreements




79

132
338
470

470

34
348

21
221

367
1,478

539

382

242

1,845

53

159

19,361,454

;i07,087,675

150,641
20,045
61,943
49,355

4,336,025
82,470
1
684,864
193,834

37,093,786
1,101, 539
83,969
4,300,067
3,087, 682

149,659,473
1, 339,914
401,001
8,576, 641
6,177,425

405,305, 502 5, 235,011,076
3, 626,989
5,475, 950
1, 252, 284
7,561, 813
14,055,166
155,942,997
35,185, 728
230,839, 573

5,831,556,503
11, 646,907
9, 299,068
183, 621,678
275, 533,597

281,984

5, 297,194

45,667,043

166,154,454

459,425, 669

5, 634,831,409

6,311, 657,753

93,033
188,951

2,462,289
2,834,905

19,779, 289
25,887,754

89,008,948
77,145,506

287, 312,988
172,112, 681

4, 630,828,825
1,004,002, 584

5,029, 485,372
1, 282,172,381

281,984

5, 297,194

45, 667,043

166,154,454

459,425, 669

5, 634, 831, 409

6,311, 657,753

$103,750
7
17
2
9
53
62
2
64
$14,841
$4, 548
1
1
$33,070
$33,070

$1, 288, 276
39
72
13
115
465
580
42
622
$68, 795
$9,133

$25, 704,482
235
297
96
1,355
3,243
4,598
435
5,033
$140,083
$9,932
5
7
$34,038
$24,313
60
453
$4,830,199

$47,813,149
378
422
169
5,518
9,715
15,233
524
15, 757
$361,205
$10,908
26
31
$46,444
$38,953
159
774
$25,156, 566

7
18
$452, 358

S

', 087, 338 $1, 370,207,162 $1,851, 502,404 $14, 275, 595, 405 $18, 320,841,438

), 490, 752 $10,184,026, 528 $10,418,426,937
314
212
1,185
323
210
1,341
188
199
667
38,295
8,803
54,095
22,378
10, 407
46,261
60,673
19, 210
100,356
8,585
1,196
10,784
69,258
111,140
20, 406
$26,087,182
$4,386,142
., 347,289
$92,872
$62.893
$23,916
108
206
66
469
109
617
$245,970
$71,880
$158,833
$56,641
$43,524
$53,030
194
217
637
12,634
2,481
16, 358
$579, 611, 570
I, 708, 247
$696, 758,940

O
O

ii
O

Fiduciary activities of national banks during year ended June 30, 1933, segregated according to capital—Continued

to

o
Banks
with
capital
of $25,000

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 30,1933
Average gross earnings per trust department reporting trust earnings for
fiscal year ended June 30,1933
_r
_
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

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

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

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

Banks with
capital over
$500,000

Total

8

2

8

5

11

65

26

$64, 623

$80, 503

$158, 217

$399, 577

$2,987, 689

$1,093,813

$28,272
$39

$10, 663
$58

$32,502
$47

$34,949

$53

$45,877
$275

$42,594
$196

$281
1

$1,061
58

$1,765
119

$5,067
107

$89,005
103

$16,760

10

$10

$61

$78
1
9

$158
4
31

$299
2
22

$1,842
32
30

$617
39
94

—

o

Fiduciary activities of national banks during year ended June 80, 1933, segregated according to population of places in which banks were 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
_.
_

1,000 to 2,499

2,500 to 4,999

5,000 to 9,999

10,000 t o 24,999

25,000 to 49,999

S

67
126

70
203

76
249

72
336

18
184

58

193

273

325

408

202

$35,559,052

$203,980,154

$388, 793, 660

$605, 645, 777

$1, 210,126,868

$909,145, 359

1,746,295
488
3,715
275,458
76,010

8,154,483
98, 720
51,415
994,135
567,266

32,172, 256
128,099
54,916
2, 752,555
1,032, 358

55,153,813
949, 353
105, 349
3,804, 231
2,264,802

161, 530,054
1,817,817
849, 776
8,053,807
6,093, 550

198,965,102
1,477,711
297,879
8,413,519
12, 487,841

2,101,966

9,866,019

36,140,184

62, 277,548

178,345,004

221, 642,052

1, 395, 988
705, 978

3, 557, 267
6,308,752

15,886,783
20,253,401

31,075,826
31,201,722

97, 537, 671
80,807, 333

137, 760, 507
83,881,545

Total..
Total volume of bond issues outstanding for which banks are acting as trustee-

2,101,966

9,866,019
======
2, 633, 685

36,140,184

62,277, 548

178,345,004

221, 642,052

11,084,159

26, 630,823

Number of national banks administering private trusts
._
Number of 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..
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

22
33
5
238
195
433
5
438
$56,810
$4,854

146
189
55
1,923
3,541
5,464
150
5,614
$179,802
$6, 614

3
14
$179, 300
5

82
107
20
514
1,200
1,714
42
1,756
$81,537
$5,753
1
1
$33,070
$33,070
16
44
$719, 500
3

$59, 767

$44,969

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

TRUST ASSETS

Total..
Private trusts.
Court trusts...




i

LIABILITIES

141,800

53,198,582
271
306
153
4,248
7,489
11, 737
512
12, 249
$542,082
$15,195
18
33

52, 425,845
159
171
93
3,954
4,920
8,874
662
9,536

$37,451
$28,088
33
138
$3, 251,824
4

216
94
2,394
4,737
7,131
378
7,509
$261,670
$8, 733
12
13
$21, 687
$20,018
65
296
$7,909,666
5

$31,756
145
1,058
$25,116,335
7

$1,231,345
$24,977
33
54
37, 790
$23,094
104
1,137
$36, 219,698
11

$98, 540

$121,687

$173,216

$348,266

o
o

I
c

Fiduciary activities of national banks during year ended June 80,1988, segregated according to population of places in which banks were located— to
to

Continued

Places with
population

1,000 t o 2,499

2,500 t o 4,999

5,000 t o 9,999

10,000 t o 24,999

25,000 t o 49,999

less t h a n 1,000

3
S

LIABILITIES—continued

Average volume of insurance policies per trust held under agreements not
operative .
Average gross earnings per trust for fiscal year ended June 30,1933.
Average gross earnings per trust department reporting trust earnings for fiscal
year ended June 30,1933
_
_
Number of banks reporting amounts spent annually for trust advertising
Average amount spent annually by each reporting bank for trust advertisingNumber of banks employing full-time trust solicitors
_ _.
Number of banks employing part-time trust solicitors

$12,807
$21

$16,352
$53

$23,564
$33

$26,722
$42

$23,739
$66

$31,855
$80

$362
5
$63

$971
24
$63
1
6

$1,060
44
$70

$1,484
59
$142
1
11

$2,743
83
$233
1
19

$4,383
62
$252
3

4

50,000 t o 99,999

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

100,000 t o
249,999

7
250,000 t o
499,999

500,000 t o
999,999

1,000,000 or
over

7

9
117

11
103

Total number of national banks authorized to exercise fiduciary powers.
126
Total resources of banking departments of national banks authorized to exercise
fiduciary powers .
$1,004,850,355

114

76

26

44

1,845

$1, 770, 504, 031

$2,140, 678, 235

$3,178, 945, 512

$6,872, 612,435

$18, 320,841,438

329,521,356
1,380,183
530, 590
9,951, 684
13,054, 373

614, 246,073
4, 360, 787
384, 436
14,123,107
44,978,190

649, 252, 653
225, 740
907, 471
18, 501,447
71,955, 386

525, 594, 755
1,022,851
1, 263,938
18, 554, 607
118,987,865

3, 255, 219, 663
185,158
4,849,583
98,197,128
4,035,956

5,831, 556, 503
11, 646,907
9,299,068
183, 621, 678
275, 533, 597

354,438,186

678,092, 593

740,842, 697

665,424,016

3,362,487,488

6, 311,657,753

208,196,914
146,241,272

490,934,114
187,158,479

590, 550,973
150, 291,724

533, 228, 736
132,195, 280

2,919, 360, 593
443,126,895

5,029,485,372
1, 282,172, 381

TRUST ASSETS
-

Tnvfist.mGTits

Deposits in savings banks
Deposits in other banks
Deposits in own bank
. __
Other assets

_.

._

Total.

_.

12
64

5
21

6
38

367
1,478

LIABILITIES

Private trusts
Court trusts
Total

__

__
.

.

354,438,186

678,092, 593

740,842, 697

665,424,016

3,362,487,488

6, 311, 657, 753

Total volume of bond issues outstanding for which banks are acting as trustee. $123,420,335
102
Number of national banks administering private trusts
110
Number of national banks administering court trusts

$157, 221,821
99
99

$312, 736, 332
62
57

$839,298,440
19
21

$8,839,635,115
34
32

$10,418,426,937
1,185
1,341

m




i

Total

3
o

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 operativeNumber 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 30,1933—
Average gross earnings per trust department reporting trust earnings for fiscal
year ended June 30,1933
...
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




72
4,721
5,208
9,929
582
10,511
$3,164,627
$35,697
38
72
$149, 614
$78,963
89
1,834
$70,346,902
21

78
7,348
5,426
12, 774
1,002
13,776
$6,583,423
$53,084
48
116
$73,729
$30,509
83
2,767
$105,362,001
33

$790,415

$1,269,422

$38,357
$106

$38,078
$145

$10,321
40
$696
2
16

$20,157
38
$1,255
6

19
5,127
3,831
8,958
2,009
10,967
$31,686,858
$74,283
10
73
$542,338
$74,293
20
2,680
$132,738,400
134

27
18,380
6,863
25,243
3,933
29,176
$96,071,071
$133,205
11
147
$1,014,005
$75,878
26
2,581
$170,570,736
99

667
54,095
46,261
100,356
10,784
111, 140
$4, 386,142
$62,893
206
617
$158,833
$53,030
637
16,358
$696,758,940
26

$2,723,483

$5,636,920

$6, 560,413

$1,093,813

$37,896

$49, 529
$219

$66,087
$420

$42,594
$196

$31,928
26
$1,350
10
8

$119,896
8
$3,581
6
4

51
5,248
2,851
8,099
1,509
$11,949,076
$91,473
29
100
$141,544
$41,048
53
$144, 344, 578
72

$16,760
9
$6,463
9
4

94

i
o
o
K

I

a
O

d

to
CO

Fiduciary activities of national banks by Federal Reserve districts as of June SO, 1988
Number Number
aubanks ex- with
ercising thority
but
not
fiduciary exercising
powers power

Federal Reserve districts

Boston
New York
Philadelphia
Cleveland
RichmondAtlanta
Chicago
St.Louis
Minneapolis
KansasCity
Dallas
San Francisco
Total

_

__ - _.

.

_

,




159
267
232
109
118
74
146
75
58
102
60
78

34
36
17
14
16
27
37
29
49
60
29
19

193
303
249
123
134
101
183
104
107
162
89
97

$129,303,800 $1, 747,392,406
383, 755,950 5,071, 263,905
89,762,505 1,519,401,112
74,180,000 1,185, 200,715
701,885,190
48, 111, 000
787,147,066
63, 620,000
167,625.000 2,277,635,518
543,448, 755
37,570,000
38, 500,000
616,400, 614
42, 705,000
724,798,836
47, 790,000
639,590, 389
162,500,000 2, 506,676,932

2,910
4,328
7,647
3,629
1,693
2,555
15,965

1,478

367

1,845

1, 285,423, 255 18, 320,841,438

54,095

Bond issues outstanding where
banks act as
trustee

Federal Reserve districts

Boston. . .
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St.Louis
Minneapolis. _
Kansas CityDallas
San Francisco
Total .

Individual trusts
Total
Total banking
Capital of
number
resources of
author- banks author- banks
authorized to ized to exercise
to exercise Living
Court
exercise fiduciary pow- ized
Total
fiduciary
pow- trusts
trusts
ers
fiduciary
ers
powers

.

_

$479,376,129
6, 356,536,186
95,355, 506
172,619,939
51,105,019
113,978,727
2,218,339,434
52,375,195
43,175,428
65, 214, 245
75,399,046
694,952, 083
10,418,426,937

Number of Number of
banks ad- insurance
ministering trusts being
insurance administered '
trusts
19
28
26
20
14
16
18
5
7

46
85
85
58
30
48
67
10
9

18
17

58
34

18

87

206

61 7

Volume of assets of insurance trusts under administration
$1,648,716
4,615,486
7,199,276
5,035,932
670,031
1,282,247
4,327,831
634,839
291,320
2,259,975
937,748
3,816,214
32,719,615

Number
of corAssets of indi- porate
trusts
vidual trusts
being
administered
$390,710,817
680,112,626
275,317, 289
314,880,098
247, 520,890
282, 300,182
2,451,014,605
52, 709, 926
189, 365, 580
279,302,211
111,479.932
1,036f 943, 597

2,847

5,692

6,408
10,129
18,376
8,845
4,593
4,440
21,509
2,355
2,789
4,163
1,559
15,190

46, 261

100,356

6,311,657,753

10, 784

3,498
5,801
10,729
5,216
2,900
1,885
5,544
1,652
1,489
1,317

703

1,300
2,846
1,021
9,498

538

Number of
Face value of
banks hold- Number of insurance
poliing insur- insurance cies held under
ance trust trust agree- trust agreements
not
agreements
ments not
not opera- operative
operative
tive
72
112
105
57
47
31
51
14
19

1,402
2,171
1,404
1,392

40
39

1,643
601
3,469
16,358

50
637

904
906

1,284
225
957

$58, 280,626
137,026,881
58,822, 353
62,103,856
29,958,267
34,476,183
60,025,244
8,633,119
37,864,873
49,033,461
25,948,871
134,585,206
696,758,940

3

555

1,439

473
920
223
635
485
244
601
332

2,030

Trust department
gross earnings for fiscal
year ended
June 30,1933
1, 733,000
7,072,000
985,000
1,012,000
604,000
623,000
4,030,000
260,000
337,000
841,000
243,000
3,721,000
21,461,000

O
O

g.
B
W
d

3

Classification of investments in living and court trust accounts under administration by the 1,478 active national-bank trust departments, segregated according to capital of banks and population of places in which national banks were located on June 80, 1983
Trust investments classified according to capital of
banks administering trusts
Banks with capital of $25,000
Banks with capital over $25,000 to $50,000...
Banks with capital over $50,000 to $100,000..
Banks with capital over $100,000 to $200,000.
Banks with capital over $200,000 to $500,000.
Banks with capital over $500,000
Total
Trust investments classified according to population of
places in which banks administering trusts are located
Places with population less than 1,000
Places with population of 1,000 to 2,499
Places with population of 2,500 to 4,999
Places with population of 5,000 to 9,999
Places with population of 10,000 to 24,999- .
Places with population of 25,000 to 49,999- .
Places with population of 50,000 to 99,999- _
Places with population of 100,000 to 249,999
Places with population of 250,000 to 499,999
Places with population of 500,000 to 999,999.
Places with population of 1,000,000 or over.
Total




Bonds
$69, 522
1,848,220
13,072, 055
45,480,102
138,556, 794
2,318,525, 240

Percent
46.15
42.62
35.24
30.39
34.19
44.29

2,517,551, 933 43.17
Bonds
$397, 242
2,494, 638
10,481,740
14,611,103
45, 748, 773
75,821, 987
120,634, 033
177,201, 977
279,045,102
176,978,778
1, 614,136, 560

Percent
22.75
30. 59
32. 58
26.49
28.32
38.11
36.61
28.85
42.98
33.67
49.58

2,517, 551, 933 43.17

Real estate
mortgages

Percent

Stocks

Percent

$36,757 24.40
697,953 16.10
9,206,417 24.81
52,804,208 35.28
71, 254,487 17.58
575,300,378 10.99

$4,670
882,096
9, 217,441
34,786, 271
127,234,840
1,760,880,358

709,300,200

1,933,005,676 33.15

Real estate
mortgages

12.16
Percent

Stocks

3.10
20.34
24.86
23.25
31.39
33.64

Percent

$754,704
2,933,832
11,019,255
21,400,698
43,890,088
34,287,310
61, 732,923
93,251,494
84, 611,139
68, 795,557
286, 623, 200

43.22
35.98
34.25
38.80
27.17
17.23
18.73
15.18
13.03
13.09
8.80

$481,340
2,075,431
3,550, 248
12,043,953
46, 775, 721
56, 793,992
103,856,814
255,926, 224
189,075,634
224,152, 602
1,034, 273, 717

709, 300, 200

12.16

1,933,005, 676 33.15

27.56
25.45
23.47
21.84
28.96
28.54
31.52
41.67
29.12
42.65
31.77

Miscellaneous

Percent

Total investments

$39,692 26.35
907,756 20.94
5,597,873 15.09
16,588,892 11.08
68,259,381 16.84
580,305,100 11.08

$150,641
4,336,025
37,093,786
149,659,473
405,305,502
5,235,011,076

671,698,694

5,831,556,503

Miscellaneous

11.52
Percent

Total investments

$113,009
650,582
3,121,013
7,098,059
25,115,472
32,061,813
43,297, 586
87,866,378
96,520, 778
55,667,818
320,186,186

6.47
7.98
9.70
12.87
15.55
16.12
13.14
14.30
14.87
10.59
9.85

$1,746, 295
8,154,483
32,172,256
55,153,813
161,530,054
198,965,102
329,521,356
614,246,073
649,252,653
525,594,755
3,255, 219,663

671, 698, 694

11.52

5,831,556, 503

O

o

O

O

o

to
Or

Classification of investments in living and court trust accounts under administration by the 215 active national-bank branches with trust departments, segregated according to population of places in which branches were located on June 30, 1983
Trust investments classified according to population of
places in which branches are located
Places with population
Places with population
Places with population
Places with population
Places with population
Places with population
Places with population
Places with population
Places with population
Places with population
Places with population
Total..

of less than 1,000. __
of 1,000 to 2,499
of 2,500 to 4,999
of 5,000 to 9,999
of 10,000 to 24,999. _
of 25,000 to 49,999 __
of 50,000 to 99,999. _
of 100,000 to 249,999
of 250,000 to 499,999
of 500,000 to 999,999
of 1,000,000 or over-

Bonds

Percent

$36,305
55,746
218,287
618,689
1,515,473
4,817,739
11,155,863
8,890,600
14,285,030
28,485,536
167,497,257

26.17
8.41
12.56
14.95
18.70
29.55
27.31
28.11
38.02
43.45
30.72

237,576,525 31.60

Percent

Stocks

Percent

18.45
12.04
32.49
24,31
24.56
15.84
22.93
12.00
5.73
5.62
18.63

$50,372
185,157
599, 217
960, 545
2,755, 549
4,893,162
11,172,033
11,999,148
7,743,190
17,647,340
167,434,306

36.33
27.95
34.48
23.21
34.00
30.01
27.34
37.93
20.61
26.92
30.71

126,799,798 16.87

225,440,019

Real estate
mortgages
$25,580
79, 745
564,588
1,006, 236
1,990, 280
2,582,343
9,369,410
3,796, 661
2,156,471
3, 684,087
101,544,397

Miscellaneous

Percent

Total investments

29.05
51.60
20.47
37.53
22.74
24.60
22.42
21.96
35.64
24.01
19.94

$138,672
662,552
1,737,960
4,138,447
8,103,771
16,304,178
40,857,489
31,632,466
37,576,787
65,554,353
545,160,959

162,051,292 21.55

751,867,634

$26,415
341,904
355,868
1,552,977
1,842,469
4,010,9349,160,183
6,946,057
13,392,096
15,737,390
108,684,999

Fiduciary activities of national-bank branches with trust departments during year ended June 30, 1983, segregated according to population of
places in which branches were located
Places
with
population of
less than
1,000

1,000 to
2,499

2,500 to
4,999

5,000 to

10,000 to
24,999

25,000 to
49,999

50,000 to
99,999

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

1,000,000

Total

Number of national-bank branches with
34
30
23
13
13
15
215
active trust departments._
25
Total resources of banking departments
$3,416,401 $20, 283,038 $26, 698,745 $52,844,348 $52, 562, 511 $47,897,440 $115,929,962 $45, 522,083 $124,970,672 $550,514,045 $403,779,269 $1,444,418,514
of branches administering trusts
TRUST ASSETS

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




138,672
843

662,552

10,043
561

105,869
67,043

150,119

835,464

242, 316
101,876

8,103,771 16,304,178 40,857,489 31,632,466 37,576,787 65,554,353 545,160,959 751,867,634
29,810
40, 269
147,105
13,403
156,581
8,777
475, 577
6,241
39,071
520,889
373,786
875,189 1,071,114
957,755 1,763,171 2,576,759 16,678,836 24,769,920
278,253
726,892 6,070,443 13,993,469 23,454,988
923,463
443,666
827,695

1,876,082 4,515,106

8,764,587 18,256,176 42,528,850 33,417,916 40,119,324 74,231,365 576,349,110 801,044,099

1,737,960 4,138,447
1,413
32,467
115,082
21,627

to

I
3

i

Private trusts..
Court trusts.—

$91,112
59,007

$319, 281
516,183

881,856

Total..
Total 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
individual trust
Number of branches administering insurance trusts
Number 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 30,1933

150,119

835,464

1,876,082




$2,116, 720 $4,471, 253 $10,970,
0,970, 668 $20,I, 339,042
339,
$23,440,383 $29,I, 243,106
$68,148,897 $384,898,124 $545,032,812
243,
2, 398, 386 4,293,334 7,285, 508 22,189,808 9,977, 533 10, 876, 218 6,082,468 191,450,986 256,011,287
4, 515,106

8, 764, 587 18, 256,176 42,528,850 33,417,916 40,119,324 74, 231,365 576,349,110

801,044,099
~

$2,700

$170,000

1

17
12

13

64

13

$64,167

$44,300

.

--•

.

:•

$43, 600 $4,191, 700 $3,894,955 $29, 436, 640 $27,384, 234 $345,470,942 $410, 703,238

19

20

10

9

4

5

2

11

106

15

20

21

10

9

4

7

2

10

116

1

2

3

4

7

3

6

1,180

915

697

150

426

1

3

151

429

$25,020

$59, 676

$89,337

$215,005

$11, 548

$13,054

$12, 507

$19,132

2

841

7

34

1,397

6,037

11,948

916

1

36

28

155

174

1,216

943

852

1,571

1,323
13,271

$1,825,618 $4, 725,428 $8,354,479 $5, 731,332 $37,115,682 $52,395,
i5,374
$20,574

$6,307,433

$21,916

$36,041

$36,522

$57,560

$53,136

$95,469

$67,044

2

4

8

2

3

1

7

29

2

3

4

13

5

62

101

$11,398

$13, 508

$59,841

$30,880

$54,178

$96,172

$179,259

$710,690

$209,903

$11,398

$9,005

$59,841

$19,003

$21,671

$48,086

$29,877

1

13

13

19

20

8

9

4

5

1

10

103

3

52

46

97

166

149

319

175

330

228

1,037

2,602

$38,000

$864,362

$2,580,795

t, 646,015 $2,481,167 $7,139,151 $4,381,930 $11, 547,108 $5, 754, 322 $64,791,795

$105,192,013

19

$38,000
$12,667
$96

$16, 622

35

44

66

228

$74,413

$135,831

$232,301

$310,146

$21,030

$26,606

$27,988

$16,652

$22,380

$25,040

$34,991

$25,238

$143

$171

$161

$211

$162

$108

$81

104

$793,239 $1,095,483 $2,309,422 $5, 754,322 $6,479,180

$62,480

1
F
W
O

d

26
$1,021,282
$40,427

3

Fiduciary activities of national-bank branches with trust departments during year ended June 80, 1933, segregated according to population of
places in which branches were located—Continued
Places
with
population of
less than

1,000 to
2,499

2,500 t o
4,999

10,000 to
24,999

5,000 to
9,999

25,000 to
49,999

100,000 t o
249,999

50,000 t o
99,999

250,000 to
499,999

500,000 t o
999,999

l,000,00C

Total

or over

to
°^

3

1,000

LIABILITIES—continued

Average gross trust earnings per branch
reporting trust earnings for fiscal year
ended June 30,1933
Number of branches reporting amounts
spent annually for trust advertising
Average amount spent annually by each
reporting branch for trust advertising.
Number of branches employing full-time
trust solicitors .. .
Number of branches employing parttime trust solicitors




$208

$180

$511

$1,012

$2,044

$11,092

$16, 335

$24, 871

1
$600
1

1
1

1

2

1

$19,658

$12,148

$57, 313

$15, 296

3

4

$1, 592

$1,344

1

5

12

1

1

3

O

o
o

NATIONAL BANK FAILURES

During the year ended October 31, 1933, receivers were appointed
for 348 national banks. Of such total appointments, 29 were made
for the purpose of completing unfinished business or enforcing 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 remaining 319 appointments for actual failures, none was restored to solvency during the current year, leaving the entire 319 to be liquidated
by receivers. However, 9 insolvent national banks for which receivers were appointed in 1932 were terminated during the current year
other than through liquidation, 8 thereof having been restored to
solvency and 1 eliminated as an insolvent national bank through
revocation of the receiver's commission as of the date of issuance.
These figures for the year 1933 may be compared with 333 receivers'
appointments during the previous year for actual failures, 16 of
which were restored to solvency, with the appointment of receivers
for 47 banks to complete unfinished business or to enforce stock
assessments.
In a further analysis of the 348 receivers' appointments for the
past year exclusive of the 29 appointments for purpose of completing unfinished business or enforcing stock assessments referred to in
the preceding paragraph, it is found that 105 appointments were for
actual suspensions due to closing prior to March 6, the date of the
bank-holiday proclamation, 3 for banks suspended under the bank
holiday not subsequently licensed and for which conservators had
not been appointed, 208 for banks suspended under the bank holiday
and placed in charge of conservators prior to receivers' appointments,
and 3 for banks licensed to reopen prior to March 16 but subsequently
found insolvent. The capitalization of the 348 banks for which receivers were appointed during the past year was $76,107,500, as
compared with the capitalization of the 380 banks for which receivers
were appointed during the previous year of $50,505,585.
During the year ended October 31, 1933, total costs incurred in
the liquidation of insolvent national banks as reported by receivers
amounted to but 3.2 percent of total collections from all sources
including offsets allowed for a like period. This percentage of costs
to collections for the year 1933 may be compared with percentages
of 3 and 3.2 for the years 1931 and 1932, respectively. Total collections from all sources including offsets allowed, as reported by receivers for the year ended October 31,1933, amounted to $356,678,150,
while similar collections for the years 1931 and 1932 aggregated
$132,998,054 and $263,482,046, respectively.
The early liquidation of insolvent national banks has been greatly
facilitated through the granting of loans to receivers of such banks
by the Reconstruction Finance Corporation for the purpose of paying dividends. Loans so obtained by receivers of insolvent national




29

30

REPORT OF THE COMPTROLLER OF THE CURRENCY

banks during the year ended October 31, 1933, as indicated by the
records of this office, amounted to $30,204,332. Total loans obtained
by receivers from the Reconstruction Finance Corporation from the
date of the organization thereof to October 31, 1933, as indicated by
the records of this office, amounted to $53,888,798. An indication
of the general distribution of and benefit derived from these loans by
the depositors of insolvent national banks is evident from the fact
that such loans both hastened and increased the payments of dividends to depositors of 559 insolvent national banks located in 38 of
the 48 States and in the District of Columbia.
Some further facilitation in the liquidation of insolvent national
banks has been secured during the past year through the consunlation of approximately eight sales of assets at par value and interest
by receivers of insolvent national banks to other going institutions
under the so-called Spokane plan. These sales of assets are found
to have resulted in the immediate distribution of dividends by
receivers in the aggregate amount of approximately $14,650,000.
Relative to the length of time required to complete liquidation of
insolvent national banks a compilation has been made covering those
insolvent national banks finally closed during the year ended October
31, 1933, as well as for those receiverships finally closed during the
12-year period November 1, 1921, to October 31, 1933. From data
compiled it has been found that insolvent national banks finally
closed during the year ended October 31, 1933, exclusive of those
banks which were restored to solvency and those for which receivers
were appointed for the purpose of completing unfinished business or
enforcing stock assessments only, required an average period of 5
years and 10 months for complete liquidation, with a minimum
period of 2 years and 2 months. With reference to insolvent national
banks the affairs of which were finally closed during the 12-year
period November 1, 1921, to October 31, 1933, excluding those banks
restored to solvency and banks for which receivers were appointed
for the purpose of completing unfinished business or enforcing stock
assessments only, the average period of liquidation is found to have
been 4 years and 10 months.
Receiverships, year ended October 31, 1983

Of the 348 national banks for which receivers were appointed during the past year, none was restored to solvency, leaving the entire
number of 348 banks to be administered by receivers. Of the 348
national banks so administered by receivers, 29 appointments were
made for the purpose of completing unfinished business or enforcing
stock assessments, leaving 319 banks to be actually liquidated by
receivers. The capital of the 348 insolvent national banks for which
receivers were appointed was $76,107,500. The capital of the 29
banks for which receivers were appointed to complete unfinished
business or to enforce stock assessments was $3,735,000 and the
capital of the remaining 319 banks to be actually liquidated by
receivers was $72,372,500.
Stock assessments levied by the Comptroller of the Currency to
October 31, 1933, against shareholders of the 348 national banks
administered by receivers, with capital of $76,107,500 amounted to
$56,900,000, while the assets of such banks, including assets acquired



KEPORT OF THE COMPTROLLER OF THE CURRENCY

31

subsequent to their failure, totaled $1,035,468,388. Collections from
these assets, including offsets allowed and collections from stock
assessments as reported by receivers to October 31, 1933, amounted
to 23.31 percent of such assets and stock assessments. These collections and the disposition thereof were as follows:
Liquidation statement, 3^8 administered receiverships year ended Oct. 31, 1933

Collections:
Collections from assets, including offsets allowed
Collections from stock assessments
Unpaid balance Reconstruction Finance Corporation loans, _
Total
.
Disposition of collections:
Dividends paid by receivers to unsecured creditors
Dividends paid by receivers to secured creditors
Distributions by conservators
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
Payment of conservators' salaries, legal and other expenses...
Cash balances in hands of Comptroller and receivers
Total
.

$249, 570, 600
5, 033, 454
28, 630, 179
283, 234, 233
139, 105, 364
693, 790
39, 764, 893
57, 663, 102
25, 592, 724
1, 354, 320
2, 532, 923
643, 255
15, 883, 862
283, 234, 233

In addition to the above record, it is found that total secured and
unsecured claims proved as reported by receivers to October 31, 1933,
in connection with these banks aggregated $174,509,139. The outstanding circulation of the 348 receiverships at date of failure was
$37,711,736, secured by United States bonds on deposit with the
Treasurer of the United States of the par value of $39,120,550. Total
deposits of these banks at date of failure amounted to $796,750,893,
while borrowed money, consisting of bills payable, rediscounts, etc.,
totaled $83,496,229.
Receiverships, 1865-1933
From the date of the first failure of a national bank in the year 1865
to October 31, 1933, 2,514 national banks have been placed in charge
of receivers. Of this number, 117 have been restored to solvency and
either reopened or sold to other institutions and one bank eliminated
through revocation of the receiver's commission as of the date of
issuance, leaving 2,396 to be administered by receivers. Of these so
administered, 1,241 are still in process of liquidation and 1,155 have
been entirely liquidated and the affairs thereof finally closed.
The capital of the 2,514 insolvent national banks at the date of
failure exclusive of the one bank eliminated through revocation of the
receiver's commission was $325,425,505. The capital of the 117
banks that have been restored to solvency was $18,130,000. The
capital of the 1,241 banks that are still in process of liquidation was
$184,270,085, and the capital of the 1,155 banks that have been
completely liquidated was $123,025,420.
The aggregate book value of the assets of the 2,396 administered
receiverships, including assets acquired after suspension, was $2,906,392,543, in addition to which there have been levied against shareholders assessments aggregating $245,613,325. Total collections
from these assets as reported by receivers to October 31, 1933, including offsets allowed and collections from stock assessments, amounted
to 41.94 percent of the total of such assets and stock assessments.
These collections and the disposition thereof were as follows:




32

BEPORT OF THE COMPTROLLER OF THE CURRENCY
Liquidation statement, 2,896 administered receiverships, 1865-1983

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. _ $1, 231, 185, 283
Collections from stock assessments
90, 784, 540
Unpaid balance Reconstruction Finance Corporation loans.
37, 687, 694
Total
, 1, 359, 657, 517
Disposition of collections:
Dividends paid by receivers to secured and unsecured
creditors on total secured and unsecured claims proved
in the aggregate amount of $1,211,481,183
676, 584, 132
Distributions by conservators
39, 764, 893
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
539, 049, 119
Payment of receivers' salaries, legal and other expenses-__
59, 124, 701
Payment of conservators' salaries, legal and other expenses.
643, 255
Cash returned to shareholders
4, 629, 630
Cash balances with the Comptroller and receivers
39, 861, 787
Total!
1, 359, 657, 517
In addition to this record of distribution there have been returned
to shareholders, through their duly elected agents, assets of a book
value of $16,621,742. The outstanding circulation of these 2,396
receiverships at date of failure was $138,122,022, secured by United
States bonds on deposit with the Treasurer of the United States of the
par value of $143,714,470, while total deposits at date of failure
amounted to $1,932,605,298.
Active receiverships as of October 31, 1933
The 1,241 banks that were, as of October 31, 1933, still in charge of
receivers and in process of liquidation had assets, including assets
acquired subsequent to their failure, aggregating $2,168,456,988.
The capital of these banks was $184,270,085, and there had been
levied by the Comptroller of the Currency to October 31, 1933, stock
assessments against their shareholders in the amount of $161,987,585.
The collections from these assets, including offsets allowed and collections from stock assessments, as reported by receivers to October
31, 1933, amounted to 35.74 percent of such assets and stock assessments. These collections and the disposition thereof were as follows:
Liquidation statement, 1,241 active receiverships as of Oct. 81, 1933

Collections:
Collections from assets, including offsets allowed
$791, 547, 489
Collections from stock assessments
49, 413, 867
Unpaid balance Reconstruction Finance Corporation loans
37, 687, 694
Total
878, 649, 050
Disposition of collections:
Dividends paid by receivers to unsecured creditors
394, 826, 441
Dividends paid by receivers to secured creditors
12, 331, 678
Distributions by conservators
39, 764, 893
Payments to secured and preferred creditors, other than
through dividends
_"
266, 509, 390
Offsets allowed and settled
89, 535, 850
Disbursements for protection of assets
8, 081, 903
Payment of receivers' salaries, legal and other expenses
27, 093, 853
Payment of conservators' salaries, legal and other expenses
643, 255
Cash balances in hands of Comptroller and receivers
39, 861, 787

Total
878, 649, 050


REPORT OF THE COMPTROLLER OF THE CURRENCY

33

In addition to the above record, it is found that total secured and
unsecured claims proved against these 1,241 receiverships as of
October 31, 1933, aggregated $807,747,297. The outstanding circulation of the 1,241 receiverships at date of failure was $88,584,262,
secured by United States bonds on deposit with the Treasurer of the
United States of the par value of $90,640,560. Total deposits of
these banks at date of failure amounted to $1,540,081,561, while borrowed money consisting of bills payable, rediscounts, etc., totaled
$254,055,306.
Receiverships terminated, 1865-193.3
From the date of the first failure of a national bank in 1865 to the
close of business October 31, 1933, 1,272 receiverships have been
administered and the trusts closed or the affairs thereof restored to
solvency. Included in this number are the 117 banks restored to
solvency, 8 in 1933, and 69 the affairs of which were finally closed
during the year 1933. The 1,155 banks administered by receivers
had assets, including assets acquired subsequent to their failure,
aggregating $737,935,555. The capital of these 1,155 banks was
$123,025,420, and there were levied by the Comptroller of the Currency stock assessments against their shareholders in the amount of
$83,625,740. The collections from these assets, including offsets
allowed and collections from stock assessments, as indicated by
receivers' final reports, amounted to 58.54 percent of such assets and
stock assessments. These collections and the disposition thereof
were as follows:
Liquidation statement, 1,155 administered receiverships, finally closed, 1865-1983

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
Collections from stock assessments
Total
Disposition of collections:
Dividends paid to secured and unsecured creditors, on total
secured and unsecured claims proved in the aggregate
amount of $403,733,886
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
Payment of receivers' salaries, legal and other expenses
Cash returned to shareholders
'.
Total

$439, 637, 794
41, 370, 673
481, 008, 467

269, 426, 013
174, 921, 976
32, 030, 848
4, 629, 630
481, 008, 467

In addition to this record of distribution, there were returned to
shareholders, through their duly elected agents, assets of a book
value of $16,621,742.
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 1,155 receiverships that have been finally closed,
but not including the 117 restored to solvency which paid 100 percent,
was 66.76 percent. 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 $444,347,989 or 76.79 percent of claims
Digitized forproved
FRASERplus other liabilities paid but not included in the figure above


34

REPORT OF THE COMPTROLLER OF THE CURRENCY

of proved claims, or $578,655,862. 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 1,155 closed trusts,
such as receivers' salaries, legal and other expenses, amounted to
$32,030,848 or 3.90 percent of the book value of the assets and stock
assessments administered, or 6.66 percent of collections from assets and
stock assessments. The assessments against shareholders averaged
67.97 percent of their holdings and the total collections from such
assessments as were levied were 49.47 percent of the amount assessed.
The outstanding circulation of these 1,155 closed receiverships at date
of failure was $49,537,760, secured by United States bonds on deposit
with the Treasurer of the United States of the par value of $53,073,910,
while total deposits at date of failure amounted to $392,523,737.
Receiverships terminated, year ended October SI, 1938

During the year ended October 31, 1933, 69 receiverships were
finally closed, 8 receiverships were restored to solvency and either
reopened or sold to other institutions and one bank was eliminated
as a receivership "through revocation of the receiver's commission as
.of the date of issuance. The 69 receiverships finally closed had assets,
including assets acquired subsequent to their failure, aggregating
$50,954,827. The capital of these 69 banks was $6,255,000 and assessments against shareholders levied by the Comptroller of the Currency
aggregated $4,730,000. The collections from these assets, including
offsets allowed and collections from stock assessments as indicated
by receivers' final reports, amounted to 57.12 percent of such assets
and stock assessments. These collections and the disposition thereof
were as follows:
Liquidation

statement, 69 administered receiverships finally closed year ended
Oct. 81, 1933

Collections:
Collections from assets, including offsets allowed
$28, 986, 801
Collections from stock assessments
2, 817, 709
Total
, 31, 804, 510
Disposition of collections:
Dividends paid to unsecured creditors
15, 984, 882
Dividends paid to secured creditors
691, 330
Payments to secured and preferred creditors, other than
through dividends
9, 472, 045
Offsets allowed and settled
3, 271, 364
Disbursements for the protection of assets
227, 131
Payment of receivers' salaries, legal and other expenses
2, 157, 758
Total

31, 804, 510

Total secured and unsecured claims proved against these 69 receiverships finally closed aggregated $27,555,739.
From the above it will be noted that the average percentage of all
dividends paid on the aggregate of secured and unsecured claims



KEPORT OF THE COMPTROLLER OF THE CURRENCY

35

proved against the 69 receiverships that were finally closed during
the year ended October 31, 1933, but not including the 8 banks restored to solvency which paid 100 percent, was 60.18 percent. 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 $29,646,752, or 73.15 percent of the total of claims proved
plus other liabilities paid but not included in the figure above of
proved claims, or $40,526,279.
I t may also be of interest to note that tne average percentage of
dividends paid unsecured creditors, to deposits at date of failure
of the 69 receiverships that were finally closed during the year ended
October 31, 1933, but not including the 8 banks restored to solvency
which paid creditors 100 percent, was 53.41 percent. The average
percentage of dividends paid secured creditors, to total borrowed
money, consisting of bills payable, rediscounts, etc., at date of failure
of the 69 receiverships amounted to 7.84 percent. The inclusion of
offsets allowed with dividends paid to unsecured creditors gives total
payments of $19,256,246, or an average total return upon deposits
at date of failure of 64.34 percent, while all payments to all creditors,
consisting of offsets, dividends paid on both deposits and borrowed
money, and other payments on secured and preferred liabilities
amounted to $29,419,621, or an average total return of 75.95 percent
upon all liabilities at date of failure in the amount of $38,738,156.
In making the above calculations no consideration has been given to
additional secured and unsecured liabilities of the 69 receiverships
established subsequent to failure, the inclusion of which would reduce
somewhat the percentages given.
Expenses incident to the administration of these 69 trusts, such as
receivers' salaries, legal and other expenses, amounted to $2,157,758,
or 3.87 percent of the book value of the assets and stock assessments
administered, or 6.78 percent of collections from assets and stock
assessments. The assessments against shareholders averaged 75.62
percent of their holdings and the total collections from such assessments as were levied were 59.57 percent of the amount assessed.
The outstanding circulation of the 69 receiverships at date of failure
was $2,713,750, secured by United States bonds on deposit with the
Treasurer of the United States, of a par value of $2,856,250. Total
deposits of these banks at date of failure amounted to $29,929,256,^
while borrowed money, consisting of bills payable, rediscounts, etc.,
totaled $8,808,900.
Summary
The financial operations of the Division of Insolvent National
Banks for the period October 1,1932, to September 30 1933, inclusive,
were as follows:
Liquidation statement, summary for year ended Oct. 31, 1933

Collections:
Cash on hand with Comptroller and receivers, Oct. 1, 1932___
Collections from assets during the year, including offsets
allowed
Collections from stock assessments
Increase in unpaid balance Reconstruction Finance Corporation loans
Total.



$48, 573, 629
341, 762, 483
14, 915, 667
26, 027, 181
431,278,960

36

REPORT OF THE COMPTROLLER OF THE CURRENCY

Liquidation statement, summary for year ended Oct. 31, 1933—Continued
Disposition of collections:
Dividends paid by receivers to unsecured creditors
$207, 793, 542
Dividends paid by receivers to secured creditors
4, 145, 935
Distributions by conservators
39, 764, 893
Payments to secured and preferred creditors, other than
through dividends
91, 283, 015
Offsets allowed and settled
33, 840, 173
Disbursements
for protection of assets
3, 156, 893
7
Receivers salaries, legal and other expenses
10, 789, 467
Conservators' salaries, legal and other expenses
643, 255
Cash on hand with Comptroller and receivers Sept. 30, 1933._ 39, 861, 787
Total

.

431, 278, 960

It will be observed from the above table that the percentage of
costs for all operations to collections from assets and stock assessments, including offsets allowed, year ended September 30, 1933, was
but 3.2 percent.
Table showing summary of status, 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 Oct. 81, 1933
Closed
Active
receiverships, receiverships,
1,155 *

1,241

Total, 2,396 *

$737,935,555 $2,168,456,988 $2,906,392,543
Total assets taken charge of by receivers
Disposition of assets:
791,547,489
439,637,794
Collected from assets and offsets allowed
1,231,185,283
102,927,606
Loss on assets compounded or sold under order of court- 281,676,019
384,603,625
Book value of assets returned to shareholders' agents.. 16,621,742
16,621,742
"Rook value of reTn*viiiing assets

Total
Collected from assets and offsets as above
Collected from stock assessments
Unpaid balance Reconstruction Finance Corporation loans.
Total
Disposition of collections:
Dividends paid by receivers..^
Distributions by conservators
_
Secured and preferred liabilities paid, including offsets
allowed
Receivers' salaries, legal and other expenses
Conservators' salaries, legal and other expenses
Amount returned to shareholders in cash
Cash balances with the Comptroller and receivers
TotalCapital 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 at date of failure
..__
Borrowed money (bills payable, rediscounts, etc.) at date
of failure .
.
Claims proved
_.
_. .

1,273,981,893

1,273,981,893

737,935,555

"2,168,456,988

2,906,392,543

439,637,794
41,370,673

791,547,489
49,413,867
37,687,694
878,649,050

1,231,185,283
90, 784, 540
37,687,694
1, 359, 657, 517

$269,426,013

$407,158,119
39, 764,893

$676,584,132
39,764,893

174,921,976
32,030,848

364,127,143
27,093,853
643,255

539,049,119
59,124,701
643,255
4, 629,630
39,861,787
1,359,657,517

481,008,467

4,629,630
481,008,467

39,861,787
878,649,050

2141,155,420

184,270,085

53,073,910

90,640,560

143,714,470

53,073,910
49,537,760
83,625,740
392,523,737

56,647,610
88,584,262
161,987,585
1,540,081,561

109,721,520
138,122,022
245,613, 325
1.932,605,298

403,733,886

254,055,306
807,747,297

1,211,481,183

a

325,425,505

1

Does not include 117 banks restored to solvency and 1 bank in connection with which the receiver's
commission
was revoked as of date of issuance.
2
3 Includes capital stock of 117 banks restored to solvency.
Data not available.

Data relative to the capital, date of appointment of receivers, and
percent of dividends paid to creditors of 69 insolvent national banks
the affairs of which were finally closed, 8 insolvent national banks the
affairs of which were restored to solvency, and 1 bank eliminated as a
receivership through revocation of the receiver's commission, during
the year ended October 31, 1933, appear in the following table:



REPORT OF THE COMPTROLLER OP THE CURRENCY

37

National bank receiverships the affairs of which were finally closed or restored to
solvency during the year ended Oct. SY, 1933
Trust
no.

Location

Title

Date receiver
appointed

Percent
Capital dividends
paid to
creditors

Abbeville, Ala
Henry National Bank
Aug. 16.1929
$50,000
6.66
First National Bank
Alma, Wis
Nov. 7.1924
26,000
32.68
Alta, Iowa
.do.
Dec. 3.1926
50,000
70.80
Central National Bank._
__ Mar. 29.1930 100, 000
Bartlesville, Okla
106. 28
Bend, Oreg
First National Bank
_
Apr. 29,1927
100, 000
46.04
Bentleyville, Pa__
Farmers & Miners National Bank. Oct. 29.1931 100, 000 * 100
B oyceville, Wis
First National Bank...
Jan. 18.1927
25,000
76.5
Britt, Iowa
do.
Feb.
1.1927
50,000
48.27
Buckhannon, W.Va.-. Traders National Bank..
Oct. 29,1931
50, 000 i 100
Burlington, N.C
First National Bank
Dec. 24,1931
100, 000 2 100
Coalgate, Okla
do.
Feb. 27.1924
100,000
10.81
Stockmen's National Bank.
Columbus, Mont
Jan. 7.1925
50,000
30.8
Cherokee, Iowa
First National Bank
Jan. 31,1931
100,000 3 100
4
Deer Creek, Minn
do.
Dec. 2,1930
25, 000
90. 6
Denton, Tex
Exchange National Bank.
Dec. 26.1928
100,000
100.88
Do
First National Bank
Aug. 15,1928
50,000
76.74
De Smet, S.Dak
De Smet National Bank...
July 6.1926
50, 000
57.43
First National Bank
El Paso, 111
Dec. 21.1931
100,000 «103. 57
Erskine, Minn
Mar. % 1929
do
25, 000
41.5
Farmersville, Tex
Aug. 6,1930
.do.
50,000
* 87. 38
4
Farmland, Ind
Nov. 3.1928
.do.
40,000
30
Fayette City National Bank.
Fayette City, Pa
July 28.1927
75,000
25.5
Fountain, Colo
Aug. 1,1930
First National Bank
25,000
37.17
Frankfort, S.Dak
Apr, 12,1926
do25,000
13. 553
National Bank of FranklinFranklin, Tenn
Oct. 18.1926
100,000
51.27
Commercial National BankGreenville, Tex
Apr. 6,1925
150,000
65.39
4
First National Bank
Do
Jan. 11.1928
150,000
61.27
Griswold, Iowa
Griswold National Bank
Dec. 13.1929
50,000
102. 32
Hallock, Minn
First National Bank
Oct. 16.1925
60,000
42.5
Harlan, Ky
Citizens National Bank
Jan. 19.1932
100,000 i 100
Hartington, Nebr
Hartington National Bank..
Nov. 13,1928
40,000
61.1
4
Hedrick, Iowa
First National Bank
Apr. 24.1925
25,000
.6
High Bridge, N.J
Mar. 30,1932
do50,000 i4 100
American National Bank.
Mar. 25.1931
Honey Grove, Tex
100,000
95. 78
Hope, N.Dak
First National Bank
Dec. 12.1927
50,000
83.469
Inwood, Iowa
Sept. 6.1927
do
50,000
50.15
Joseph, Oreg
June
14.1923
25,000
10.65
.doKearney, Nebr
__. City National Bank in..
May 14,1927
150,000
50.85
La Grande, Oreg
First National Bank
Oct. 22.1932
125,000
(6)
Lake Worth, Fla
Apr. 2,1927
do.
100,000
47.72
Lamar National Bank
Lamar, S.C
Nov. 9,1928
25,000
32.3
Farmers National Bank—
La Moure, N.Dak
Feb. 25.1926
50,000
60.95
First National Bank
Lepanto, Ark
Mar. 25.1927
35,000
31.25
Lidgerwood, N.Dak-— Farmers National Bank in.
Sept. 21.1926
25,000
62.34
4
First National Bank
Litchfield, Minn
Jan. 14,1931
75,000
20.146
doLometa, Tex
Aug. 18.1930
25,000
36.6
National Bank of Lumpkin.
Lumpkin, Ga
Dec. 7.1929
25,000
17.25
Manilla National Bank
25,000
58.5
Manilla, Iowa
Oct. 20,1925
First National Bank
Manning, S.C
Dec. 14.1927
50,000
22.07
.do.
200,000
83.50
Marshall town, Iowa
June 11.1928
Security National Bank...
Mason City, Iowa
Dec. 29.1925
100,000
83.15
Commercial National Bank
250,000 . 57.915
Miles City, Mont
Feb. 15.1924
National Tradesmen's Bank
500,000 UOO
New Haven, Conn
July 7,1932
Trust Co.
1358 Norris City, 111
Mar. 31.1930
25,000
81.65
First National Bank
1852 Painted Post, N.Y
Dec. 17.1931
25,000
U00
Painted Post National Bank....
1075 Plattsmouth, Nebr
Dec. 21.1926
50,000
51.07
First National Bank
620 Pocatello, Idaho
June 11,1921
100, 000
17.5
Bannock National Bank
1096 Red Lake Falls, Minn- Farmers National Bank
Jan. 24.1927
25,000
56.8
1310 Red Oak, Iowa
Oct. 14.1929
60,000
82.48
do824 Rochester, N.Y
June 21,1924 1, 500, 000
_. National Bank of Commerce2029 Santa Anna, Tex
M a y 24.1932
State National Bank
50,000
* 21.13
July 30,1923
696 Sapulpa, Okla
First National Bank
100,000
24.9
May 6,1932
2021 Seymour, Ind
100,000
4 43. 824
.—do
Mar. 29,1927
1125 Sheldon, Iowa
150,000
86.06
4
Nov. 19.1930
1426 Siloam Springs, Ark—
50,000
52. 5
.do
1
Restored
to
solvency.
2
103.5 percent principal and interest in full paid nonassenting creditors by Comptroller's checks and
1003 percent principal paid assenting creditors by purchasing bank in accordance with agreements.
100 percent principal paid nonassenting creditors by Comptroller's checks and 100 percent principal
paid
4 assenting creditors by purchasing bank in accordance with agreements.
Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or
to6complete unfinished liquidation.
6103.57 percent principal and interest in full paid through or by purchasing bank.
Eliminated as an insolvent national bank through revocation of the receiver's commission as of the
date of issuance.
1305
850
1065
1357
1133
1802
1092
1100
1781
1869
776
867
1509
1438
1254
1226
1010
1855
1272
1390
1236
1153
1386
995
1036
905
1188
1318
943
1905
1238
912
2006
1539
1180
1161
689
W38
2159
1130
1237
984
1122
1030
1497
1394
1316
945
1181
1221
971
763
2087




38

REPOET OF THE COMPTROLLER OF THE CURRENCY

National bank receiverships the affairs of which were finally closed or restored to
solvency during the year ended Oct. 31, 1933—Continued
Trust
no.

Location

1051
1148
1541
1206
1175
1759
1903
1029
1154
1275
1567
1860
1230

Spencer, Iowa.
do.
Springfield, Minn
Springfield, Mo
Stockton, Kans
Terra Alta, W.Va
Union City, Pa
Veblen, S.Dak
Webster, Pa
West Alexandria, Ohio.
Winnfield, La
Wisconsin Rapids, Wis.
Woonsocket, R.I

Title

Citizens National Bank.
First National Bank
do.
New First National Bank in.
National State Bank
First National Bank
Home National Bank
First National Bank
do
.do.
.doCitizens National Bank.
do

Percent
Date receiver Capital dividends
appointed
paid to
creditors
Nov.
June
Mar.
Mar.
Nov.
Oct.
Jan.
Sept.
Aug.
Mar.
Apr.
Dec.
Sept.

19.1926
25.1927
26,1931
17.1928
14.1927
20.1931
19.1932
18,1926
8,1927
13.1929
30,1931
22,1931
18.1928

$100,000
150,000
40,000
125,000
50,000
25,000
50,000
40,000
25,000
40,000
25,000
100,000
100,000

65.25
92.817
*74.4
36.41
55.65
U00
U00
72.27
52.44
96.31
*100
* 70.835
72.94

iRestored to solvency.
* Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or
to complete unfinished liquidation.

State bank failures, District oj Columbia
In addition to national bank receiverships during the year ended
October 31, 1933, receivers were appointed hy this office during such
period for two State banks located in the District of Columbia. One of
these banks had operated under a charter from the State of Alabama
and the other had been incorporated under the laws of the District
of Columbia. The appointments of receivers for these banks were made
under authority granted by existing legislation permitting banks
incorporated under the laws of the District of Columbia and banks
with State charters to operate in the District of Columbia under
supervision of the Comptroller of the Currency. Total assets of these
two State bank receiverships, including assets acquired subsequent to
their failure, aggregated $4,869,203. The capital of these banks was
$1,100,000 and assessments against shareholders levied by the Comptroller of the Currency to October 31, 1933, aggregated $100,000.
The six State banks located in the District of Columbia that were as
of October 31,1933, still in charge of receivers appointed by the Comptroller of the Currency and in process of liquidation had assets, including assets acquired subsequent to their failure, aggregating $9,148,397.
The capital of these banks was $1,512,890 and there had been levied
by the Comptroller of the Currency to October 31, 1933, stock assessments against their shareholders in the amount of $512,890. The collections from these assets, including offsets allowed and collections
from stock assessments as reported by receivers to October 31,1933,
amounted to 19.22 percent of the total of such assets and stock assessments. These collections and the disposition thereof were as follows:
Liquidation statement, 6 active receiverships as of Oct. 31, 1933

Collections:
Collections from assets, including offsets allowed
$1, 740, 703
Collections from stock assessments
115, 614
Unpaid balances of Reconstruction Finance Corporation loans.
73, 900
Total



1, 930, 217

EEPORT OF THE COMPTROLLER OF THE CURRENCY

39

Liquidation statement, 6 active receiverships as of Oct. 31, 1983—Continued
Disposition of collections:
Dividends paid to unsecured creditors
$1, 027, 829
Dividends paid to secured creditors
18, 140
Payments to secured and preferred creditors other than
through dividends
354, 698
Offsets allowed and settled
233, 719
Disbursements for protection of assets
59, 618
Payment of receivers' salaries, legal and other expenses.91, 934
Cash balances in hands of Comptroller and receivers
144, 279
Total
1, 930, 217
In addition to the above record, it is found that total secured and
unsecured claims proved against these 6 District of Columbia State
bank receiverships as of October 31, 1933, aggregated $2,935,272,
total deposits $6,507,785 and borrowed money, consisting of bills
payable, rediscounts, etc., $2,020,588.

32460°—34


ORGANIZATION AND LIQUIDATION OF NATIONAL BANKS

At the close of the current year, October 31, 1933, there were 5,799
national banking associations in existence, including inactive banks
which had not gone into voluntary liquidation, suspended banks, and
banks in charge of conservators for which no receivers had been
appointed. Such institutions are technically in existence. This represents a net loss since October 31, 1932, of 305 banks, or approximately 5 percent, and $58,772,000 in the authorized common capital
stock. However, at the close of the period under discussion there
was outstanding $80,072,400 of preferred capital stock issued under
the provisions of the act of March 9, 1933. During the current year
53 banks increased their common capital by the aggregate sum of
$8,980,850. Of this number, three banks effected the increase by
stock dividends, the amount of such increase being $260,000. During
this period, by the issuing of preferred stock, 166 banks increased
their capitalization by $48,739,100.
Covering the entire period of national banking operations, up to
and including October 31, 1933, there have been authorized to begin
business 13,820 national banking associations. Of these, 5,625 have
voluntarily closed, some of whjlch 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 2,396, the number of these receiverships being
a fraction less than 17.34 percent of the total number of banks
organized.
During the year ended October 31, 1933, there were 155 national
banks, with total capitalization of $26,805,000, which went into voluntary liquidation. Of this number 6, with capital of $1,025,000 and
resources of $2,941,307, discontinued business; 93, with capital of
$18,775,000 were acquired by other national banks; and 56, with
capital of $7,005,000 and resources of $55,312,342, entered the State
banking systems. The latter group included 3 banks of $300,000
capital or over, with aggregate capital of $2,950,000 and assets of
$20,207,377.
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 common capital of $1,072,492,175, as
compared with a total common capitalization of $1,587,047,825 for
the 5,799 national banks in existence on October 31, 1933; 235 of the
national banks in existence took advantage of the act of March 9,
1933, by issuing preferred capital stock aggregating $80,072,400.
There was a net decrease of 1,779 in the number of banks, but an
increase in common capitalization of $514,555,650 in addition to preferred capitalization of $80,072,400. During this 19-year period
3,168 national banks were chartered, with aggregate common capital
of $507,119,800 and a preferred capital of $31,347,000, while 4,947
such associations were closed voluntarily or otherwise.
40




REPORT OF THE COMPTROLLER OF THE CURRENCY

41

During the year ended October 31, 1933, there were received 509
applications to organize national banks and to convert State banks into
national banking associations, with proposed capital stock of $147,616,000. Of these applications, 238 were approved, with proposed
capital stock of $111,099,000; 44 were rejected, with proposed capital
stock of $4,270,000; and the remainder were abandoned or no action
was taken thereon. Of the 150 banks chartered, 50 were chartered
to take over 52 banks which were in weakened condition, while 71
others were organized to acquire the assets and assume the liabilities
of 75 suspended national banks and 7 State banks in charge of conservators or for which receivers were appointed. Only 29 of this total
number of applications were approved for the primary organization
of new national banking associations.
In this same year 176 national banking associations, with common
capital of $43,414,500, were authorized to begin business, 20 of which
were located in the New England States, 22 in the Eastern States,
53 in the Southern States, 65 in the Middle Western States, 9 in the
Western States, and 7 in the Pacific States. During this period 69 of
the banks chartered had in addition to their common capitalization
preferred capital stock aggregating $31,347,000. The greatest
activitity, as indicated by the number of national banks organized,
was evidenced in the following States: Illinois, 23; Texas, 22; Pennsylvania, 13; Michigan, 11; Maine, 10; Ohio, 9; Iowa, 8; Indiana, 6;
Louisiana, 6; Maryland, 6; Oklahoma, 6; North Carolina, 5; Vermont,
4. In other States the number ranged from 1 to 3 banks.
I t further appears that of the total number of charters issued within
the year ended October 31, 1933, 12 with authorized common capital
of $3,010,000 and preferred capital of $300,000 and resources aggregating approximately $40,933,287, were the result of conversions of State
banks, 14 with common capital of $5,605,000 and preferred capital
of $4,050,000 were reorganizations of 16 State banks, and 121 with
common capital of $21,639,500 and preferred capital of $12,652,000
were primary organizations for the purpose of acquiring the business
of 127 liquidating or suspended national banks and 7 State banks,
and 29 with common capital of $13,160,000 and preferred capital of
$14,345,000 did not acquire the business of any other banking institution. The business of 56 State banks, with capital of $4,195,000 and
assets aggregating approximately $77,672,105, was purchased by
national banks.
During the year ended October 31, 1933, 20 national banking associations were consolidated into 10, under authority of the act of
November 7, 1918, the capital of the consolidated banks being $3,340,000. In each instance there was a reduction in capital, the net result
by reason of these consolidations being a reduction in capital stock of
$2,765,000. During the same period there were six consolidations
under the act of February 25, 1927, involving the merger of six State
banks with national banks, through which additional assets of approximately $204,437,091 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 1,211 branches in existence on
October 31, 1933.




42

REPORT OF THE COMPTROLLER OF THE CURRENCY

During the intervening period 1,538 branches have been added to
the system, of which 721 were de novo branches, 307 were branches of
State banks which converted into national associations, and 510 were
brought into the national system through consolidations of State with
national banks, while 699 branches were relinquished, of which latter
number 500 went out of the system through the liquidation of the
parent institutions, and the remainder, 199, were discontinued through
consolidations and for various other reasons. The net result of these
operations was a loss for the national system of 103 branches for the
period under discussion.
In the year ended October 31, 1933, a net loss of 103 branches in
existence was recorded, 164 de novo branches being established, 58 of
which were authorized under the Banking Act of 1933 in places other
than local. There were no branches brought into the system during
this period through the conversion of State banks, or the consolidation of State banks with national banks.
Two hundred sixty-seven branches were lost to the national system,
241 through liquidation of the parent bank and 26 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 Feb. 25, 1927, and number and
manner of acquisition of additional branches of national banks by years to close of
Oct. 31, 1983
Closed

Authorized
Conversions of
State
banks
On Feb. 26, 1927
Period ended Oct.
31, 1927
Year ended Oct. 31,
1928
Year ended Oct. 31,
1929
Year ended Oct. 31,
1930
Year ended Oct. 31,
1931 _
Year ended Oct. 31,
1932
Year ended Oct. 31,
1933

Under act Feb. 25,
1927, as amended

Involun- Volun- Lapsed In ex*
Consoliliq- tary liq- or con- ence
dations
Total tary
soliuidauidaof State Local city Other
than
dated
tions
tions
banks branches local
city
branches
372

104

127

527

62

103

173

20

60

992

2

82

89

173

86

18

1,061

165

472

899

5

86

92

32

35

1,086

95

50

145

15

2

30

1,184

162

102

264

17

87

30

1,314

26

1,211

199

1,211

1

Total

372

207

296
g

510

106

58

164

241

870

58 1,910

273

227

Table showing number and kind of branches authorized and closed during the year
ended Oct. 31, 1933

Classes

_.

(a

|

Statutory|6
Additional offices, c branches..
Millspaugh Act
ry i>

v,

/"local

O branches( o t h e r t h a n

Author- Closed during the year ended
ized
Oct. 31,1933
during
year
ended Share- DirecOct. holders tors Lapsed Insolvent
31,
1933
388
10
2
165 /\ 482
185
202
97
4
2
5
5
342
106
20
44
58
372 1,314
164
2
24
241

In
operation
Feb.
25,
1927

.
local

Total



._

In
existence
Oct.
31,
1932

Total
in
existence
Oct.
31,
1933
376
297
91
5
384
58
1, 211

REPORT OP THE COMPTROLLER OF THE CURRENCY

43

Table showing number and manner of acquisition of domestic branches of national
banks during the year ended Oct. 31, 1988
Branches authorized during
the year ended Oct. 31, 1933
Charter No.

Under act Feb. 25,
1927, as amended

Title and location

Total
Local

22645
13044

Other
than
local

The Seaboard National Bank of Los Angeles
Bank of America National Trust and Savings Association, San
Francisco
CONNECTICUT

335

The First National Bank and Trust Company of Bridgeport
DISTRICT OF COLUMBIA

13782
5046

Hamilton National Bank of Washington
The Biggs National Bank of Washington.

_

IDAHO

1668

The First National Bank of Idaho, Boise
INDIANA

13759
47

American National Bank at Indianapolis
Terre Haute First NationalLOUISIANA
Bank, Terre Haute

,
13688 The Hibernia National Bank in New Orleans
13689 The National Bank of Commerce in New Orleans
3069 Whitney National Bank of New Orleans

_.

MARYLAND

13745

Baltimore National Bank, Baltimore

_

MASSACHUSETTS
5155
614
1014
4907
7595

8703
13738
13671

The National Shawmut Bank of Boston
The Lechmere National Bank of East Cambridge, Cambridge. _.
Bay State Merchants National Bank of Lawrence
Springfield National Bank, Springfield
Worcester County National Bank of Worcester
Guardian National Bank of Commerce of Detroit.
The Manufacturers National Bank of Detroit
National Bank of Detroit
_
NEW JERSEY

5005

The Rutherford National Bank, Rutherford....
NEW YORK

1262
2370
13237

The New York State National Bank of Albany
The Chase National Bank of the City of New York..
The Dunbar National Bank of New York

13761

Security National Bank of Greensboro

NORTH CAROLINA

OHIO

4318 Central United National Bank of Cleveland.
786
5065 The National City Bank of Cleveland

The Ohio National Bank of Columbus
OREGON

1553 The First National Bank of Portland.
4514 The United States National Bank of Portland.




12

44

REPORT OF THE COMPTROLLER OF THE CURRENCY

Table showing number and manner of acquisition of domestic branches of national
banks during the year ended Oct. 31, 1933—Continued
Branches authorized during
the year ended Oct. 31, 1933
Charter No.

Under act Feb. 25,
1927, as amended

Title and location

Local

Other
than
local

Total

TENNESSEE

13349

Union Planters National Bank & Trust Company of Memphis.
TERRITORY OF HAWAII

5550

Bishop First National Bank of Honolulu
UTAH

The First National Bank of Salt Lake City
VERMONT

13685

The Windsor County National Bank of Windsor
VIRGINIA

9885

National Bank of Commerce of Norfolk..
WASHINGTON

11280
4375
12292

First National Bank of Seattle
The National Bank of Commerce of Seattle
The Puget Sound National Bank of Tacoma
Total (38 banks).

_._
106

58

164

Table showing number and class of domestic branches of national banks closed
during the year ended Oct. 31, 1933
Branches closed

Charter
no.

Title and location

Manner of closing

Branches under act
of Feb. 25, 1927,
as amended
Additional Branches
offices
authorwhich
ized
became
since
branches Feb. 25,
Feb. 25,
1927
1927

State
bank
branches
in operation
Feb. 25, Total
1927,
which
were converted
or consolidated

CALIFORNIA

9502
12579

Central National Bank of Oakland. Receiver
Pacific National Bank of San Fran Board of directors
cisco.

10316

Federal-American National Bank Receiver
and Trust Company of Washington.

1

1
1

1

DISTRICT OB COLUMBIA

>

2

2

«

GEORGIA

1559

The First National Bank of
Atlanta.

Board of directors

2

2

1

1

KENTUCKY

4765

The Newport National Bank,
Newport.

do

MARYLAND

1413 The First National Bank of Balti-

more.

do _

1

1

MASSACHUSETTS

200 The First National Bank of Boston . Shareholders



1

1

45

REPORT OP THE COMPTROLLER OF THE CURRENCY

Table showing number and class of domestic branches of national banks closed
during the year ended Oct. 31, 1933—Continued
Branches closed

Charter
no.

Title and location

Manner of closing

Branches under act
State
of Feb. 25, 1927,
bank
as amended
branches
in operation
Addi25, Total
tional Branches Feb.
1927,
offices
authorwhich
which
ized
were conbecame
since
verted
branches Feb. 25, or
conFeb. 25,
1927
solidated
1927

MICHIGAN

10527
8703
3293
1533
13600

/Board of directors..
First National Bank-Detroit
\Receiver
Guardian National Bank of Com__do
merce of Detroit.
Grand Rapids National Bank,
_do.
Grand Rapids.
Union & Peoples' National Bank
_doof Jackson.
The First National Bank of
_do.
Pontiac.

154
29

NEW JERSEY
2527
6884
1444
5215

The Atlantic City National Bank,
-doAtlantic City.
Chelsea-Second National Bank and
-do.
Trust Co. of Atlantic City.
The First National Bank of Board of directors.
Hoboken.
The First National Bank of Perth
do
Amboy.
NEW YORK

2370
9955
1461
11034

The Chase National Bank of the . — d o . . .
City of New York.
The Harriman National Bank and Receiver .
Trust Company of the City of
New York.
The National City Bank of New Board of directors.
York.
The Public National Bank and
Trust Company of New York.
OHIO

2604

Central United National Bank of
Cleveland.
The Winters National Bank and
Trust Company of Dayton.

4514

The United States National Bank
of Portland.

13180

City National Bank of Philadelphia.
The Reading National Bank and
Trust Company, Reading.

10708

The Atlantic National Bank of
Charleston.
The Central National Bank of
Spartanburg.

4318

Board of directors..
do

_do.

PENNSYLVANIA

.do

SOUTH CAROLINA

4996

___.do__.
Receiver.

TENNESSEE
2049
13349

The East Tennessee National
Bank of Knoxville.
Union Planters National Bank &
Trust Company of Memphis.

.doShareholders

VIRGINIA
4365

The First National Bank of Newport News.
Total (30 banks)




Board of directors.
64

197

46

REPORT OF THE COMPTROLLER OF THE CURRENCY
NATIONAL-BANK CIRCULATION

Consols and Panama 2% bonds outstanding eligible as security for
national-bank circulation on June 30, 1933, aggregated $674,625,630,
the same as on June 30 of the year previous, comprising $599,724,050
consols of 1930, $48,954,180 Panama Canal 2's of 1916-36, and
$25,947,400 Panama Canal 2's of 1918-38. On June 30 of the current
year the Treasurer of the United States held as security lor nationalbank circulation $565,944,300 of consols and $68,208,480 Panama
Canal 2's, a total of $634,152,780, representing 94 percent of the
aggregate of these classes of circulation bonds outstanding.
The circulation of national banks outstanding on June 30 this year,
secured by all classes of eligible bonds and lawful money, amounted
to $970,601,088. Of this amount $853,935,968 was secured by bonds
and the remainder, $116,665,120, 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, 1933
Authorized capital stock of national banks, common
Paid-in capital stock of national banks, common

June 1, 1933

$1,597,369,675 $1, 599,853,325
1, 597, 343, 245 1, 599,804, 395

Increase or
decrease since
above date
Increase of authorized capital stock, commonDecrease of authorized capital stock, common.
Increase of paid-in capital stock, common
Decrease of paid-in capital stock, common
Authorized capital stock of national banks, preferred.
Paid-in capital stock of national banks, preferred

2,461,150
$54,412,100
54,412,100

Increase of authorized capital stock, preferred..
Decrease of authorized capital stock, preferredIncrease of paid-in capital stock, preferred
Decrease of paid-in capital stock, preferred

Increase secured by United States bonds..
Decrease secured by United States bonds.
Increase secured by lawful money
Decrease secured by lawful money
Net increase,.
Net decrease .



$1, 589, 685,815
1, 589, 685,815

Increase or
decrease since
above date
$7,683,860

$2,483,650

7,657,430

$33, 218, 400
33,218,400

Increase or
decrease since
above date

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

July 1,

Increase or
decrease since
above date

$21,193,700

$54,412,100

21,193, 700

54,412,100

$853,935, 968

$864, 590,423

$669,570,345

116,665,120

116,072,980

67,103,868

970, 601,088

980,663,403

736,674,213

Increase or
decrease since
above date
$10, 654,455
592,140

10,062,315

Increase or
decrease since
above date
$184, 365, 623
""49,561,252
233,926,875

KEPOKT OF THE COMPTROLLER OF THE CXJKRENCY

47

Statement of capital stock of national banksj national-bank notes and Federal Reserve
bank notes outstanding, bonds on deposit, etc.—Continued
July 1, 1933
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, 1933

July 1, 1932

$2,581,934

$2,581,934

$2,772,040

2,581,934

2,581,934

2,772,040

Increase or
decrease since
above date

Increase or
decrease since
above date

Increase secured by United States bonds. _
Decrease secured by United States bonds.
Increase secured by lawful money
Decrease secured by lawful money

$190,106

Net increase..
Net decrease _

Kinds of bonds on deposit

190,106

United States consols of 1930 $565,944, 300
(2 percent).
United States Panama of 1936 45,468, 580
(2 percent).
United States Panama of 1938 22, 739,900
(2 percent).
United States Treasury, 5176,993,200
55 (3 percent).
United States Treasury, 4653, 093, 400
49 (ZH percent).
United States Treasury, 41- 44, 754, 400
43 (3% percent).
19, 331, 450
United States Treasury, 4043 (3% percent).
United States Treasury, 4327,048, 000
47 (396 percent).
United States Panama Canal,
1,000
1961 (3 percent).
United States convertible, 461,020, 000
47 (3 percent).
Total.
1

National-bank notes of Federal Reeach
denomination serve bank
outstanding
notes of each
denomination outOld series New series standing,
old series

On deposit
to secure
nationalbank notes

$340,749
One dollar
162,420
Two dollars
Five dollars.
11,953,100 $177, 662,885
21,063, 695 387, 566, 280
Ten dollars
Twenty dollars
19,740, 520 281,912, 520
35,807,900
3,643,350
Fifty dollars
One hundred dollars- 4,622, 600 31,313, 300
Five hundred dollars.
87, 500
One thousand dollars.
21,000
Fractional parts
62,066
222

$1,682, 203
442,721
292,985
71,375
82, 250
10,400

Total

61,697,000 914, 263,107
5, 297, 390
61,630

2,581,934

Total

61,635, 370 908,965, 717

2, 581.. 934

Less*

856, 394, 230

Notes redeemed but not assorted by denominations.

In the year ended October 31, 1933, the withdrawal of bonds held
by the Treasurer of the United States in trust as security for nationalbank circulation amounted to $271,767,570.
The withdrawals by reason of liquidation of banks amounted to
$10,837,950, and on account of banks placed in charge of receivers,
$23,008,860.
Bonds held by the Treasurer of the United States in trust as security
for circulation were augmented to the extent of $324,736,410, on
account of deposits made by newly organized banks, and by those
increasing their circulation. The transactions of the year by months
in each account named are shown in the following statement:




48

REPORT OF THE COMPTROLLER OF THE CURRENCY

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 closedt during each month, year ended
Oct. SI, 1983
!

Date

November.
December—

1932

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

Bonds
withdrawn
by banks
reducing
circulation

$32,638,100
13,388,700

$17,824,830
11,170,420

Bonds
withdrawn
by banks in
liquidation

$1,360,000
900,000

1933
12,153, 300
11,378, 550
513,950
January
30, 469,100
18,301,400
1, 211,300
February.,
85, 218,170
5, 262, 500
110,000
March
38,417, 500
24,619,000
250,000
April
6,719,250
7,410,000
550,200
May
_
15, 613, 500
56, 581, 560
590, 000
June
9, 685,750
9,374,750
2, 737, 500
July
30,040, 340
24,893,300
1,650,000
August
15,876,000
13,632,500
September615,000
34,516, 700
37,471,950
October
350,000
Total
- - I 1 324,736,410 237,920,760
10, 837,950
i Includes $14,857,000 deposited by 69 of 176 banks chartered during the year.

Bonds
withdrawn
by banks in
insolvency

$535, 270
17,000,000
1,100,000
1,000,000
217,000
1,437,840
245,000
200,000
1, 273,750
23,008,860

There is published in the appendix a table showing, by months, the
profit on national-bank circulation based upon a deposit of $100,000
Panama Canal 2-percent bonds of 1916-36 at the average net price
during the year ended October 31, 1933. The table includes also like
figures relative to $100,000 of United States 2-percent consols of 1930
so far as may be computed. Due to the unknown date of maturity of
the consols, however, it is impossible to determine the amount of
sinking fund necessary to provide for liquidation of the pre'mium paid
for the bonds, and this must be known to calculate the profit on circulation secured by an investment in consols. The tables mentioned
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, 1933.
With reference to the Federal Home Loan Bank Act approved July
22, 1932, section 29 of which extended the circulation privilege to
national banks for a period of 3 years upon the deposit with the
Treasurer of the United States bonds with interest not exceeding
3% percent heretofore issued or issued during the period, no calculation can be made of profit on circulation through bonds used for
such purpose due to the indeterminate market value of the bonds at
the end of the 3-year period.
REDEMPTION OF NATIONAL AND FEDERAL RESERVE BANK
CIRCULATION
During tne year ended June 30, 1933, national-bank notes and
Federal Reserve notes aggregating $1,282,692,112.50 were redeemed
in the United States Treasury at a total expense of $469,727.90.
Redemptions included Federal Reserve notes amounting to
$910,596,665 and national-bank notes of $372,095,447.50, the latter
amount including $44,192,620 redeemed on retirement account.
National-bank notes were redeemed at an average cost of $1.14
per $1,000; Federal Reserve notes received from various sources 83
cents per 1,000 notes, and canceled and other Federal Reserve notes
received direct from Federal Reserve banks and branches 47 cents
per 1,000 notes redeemed.



49

REPORT OF THE COMPTROLLER OF THE CURRENCY

Statements showing the amount of national-bank notes and Federal
Reserve notes received monthly for redemption in the year ended
June 30, 1933, the source from which received, 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.
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 three reports of condition
during the year ended October 31, 1933, 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 30, 1932, are shown in the following statement:
Abstract of reports of condition of national banks on dates indicated
[In thousands of dollars]
Sept. 30,
Dec. 31,
June 30,
1932 (6,085 1932 (6,016 1933 (4,902
banks)
banks)
banks) *

Loans and discounts (including rediscounts)2
Overdrafts
U.S. Government securities owned
Other bonds, stocks, securities, etc., owned
Customers' liability account of acceptances
B anking house, furniture and fixtures
Other real estate owned
Keserve with Federal Reserve banks
Cash in vault
Balances with other banks
Outside checks and other cash items.
Redemption fund and due from U.S. Treasurer
Acceptances of other banks and bills of exchange or
drafts sold with endorsement
Securities borrowed
Other assets
Total.

9,919,603
4,901
3,662, 669
3,780, 623
234, 544
756,494
155,125
1,381, 065
295, 607
2,108,813
33,315
37,792

9,844, 036

4,601
7,892
182,951
22, 565,995

5,422
8,027
184,440
23,310,974

7,066,392
6,422,185
1,032,903
896,189
2, 264, 248

Oct. 25,
1933 (5,057
banks) 1

8,116, 972
2,800
4,031, 576
3,340, 055
225,835
641, 694
132,187
1, 412,127
288,478
2,381,333
37,008
37,428

8, 257,937
4,224
4, 111, 645
3,383, 270
198,820
646, 292
158,422
1, 684,024
329, 786
2,149,654
25, 543
38,387

4,912
4,359
203,727
20,860,491

4,330
3,699
202,616
21,198,649

7,423,865

7,035,751

7,180,766

6,516,931
1,118,850
795,477

5,354,017
1,089,388
1,024,374

5,484, 561
1,076,691
1, 095,139

2,662,984

2, 270,585
16,774,115
730,435

17,055,208

3,760,886
3,822, 550
198, 486
169,835
1, 625,840
308,716
2, 518,412

LIABILTIES

Demand deposits, except U.S. Government deposits,
other public funds and deposits of other tjanks
_.
Time deposits, except postal savings, public funds and
deposits of other banks
Public funds of States, counties, municipalities, etc
U.S. Government and postal savings deposits
Deposits of other banks, certified and cashiers' checks
outstanding and cash letters of credit and travelers'
checks outstanding
Total deposits..

Circulating notes outstanding
Agreements to repurchase U.S. Government or other
securities sold
Bills payable and rediscounts
Acceptances of other banks and bills of exchange or
drafts sold with endorsement
Acceptances executed for customers
Acceptances executed by other banks for account of reporting banks
.-_
Securities borrowed
Interest, taxes, and other expenses accrued and unpaid.
Other liabilities
Capital stock (see memorandum below)
Surplus
.
Undivided profits, net
Reserves for contingencies
Total.
Memorandum:
Par value of capital stock:
Class A preferred stockClass B preferred stock..
Common stock
Total
1

17,681,917 18,518,107
743,080

2, 218, 051
746,913

26,595
443,644

22,053

9,223
117,855

13,412
100,366

4,601
239,053

5,422
207,368

4,912
229,304

4,330
205,624

2,747
8,027
46,208
127,985
104,125
1,634,484
1, 563, 232
1, 205,939
1,173, 278
308, 384
269, 785
3 166, 580
166,845
22, 565,995 23, 310,974

3,374
4,359
41,617
88,743
1,515, 647

7,777
3,699
60,009
77,710

2,019
7,892

1,563,232
1,563,232

Licensed banks which were operating on an unrestricted basis.
* Includes customers' liability under letters of credit.
•
Includes
reserves for dividends.


235,600
164, 709

916,183
264,376
176,344

20,860,491

21,198, 649

1, 634,484

51,193
2,600
1, 463, 412

75,119
3,800
1,488,682

1,634,484

1, 517, 205

1,567, 601

Principal items of assets and liabilities of licensed national banks, Oct. 25, 198S
[In thousands of dollars]

Number of
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 Southern States
Ohio
Indiana
Illinois
Michigan




4,249
4,218
1,448
161,314
2,160
14,556

Capital

7,722
5,778
5,717
103,141
4,770
20,227

Surplus
and net
undivided
profits
6,351
6,696
2,904
81,064
6,563
19,273

132
10
58

22,038
9,307
6,033
251,577
5,075
43,382

109,518
70,321
49,845
1,393,097
51,625
268,663

29.280
27,463
11,081
649,239
18,404
103,844

326

836,180

631,925

66,099

34,139

337,412

1,943,069

839,311

548, 243

187,945

48,016

2,310

147, 355

122,851

4,567, 991 2,141,275
199,886
685,894
2,344,646
729,400
20,970
5,323
240,485
83,539
150,618
72,130

795, 051
341, 707
885,456
8,879
88,417
45, 253

614,006
11, 797
200,716
310
29,952
11, 525

88,604
27,616
98,793
1,130
8,869
4,915

22, 269
9,125
15, 500
322

371,733
46,279
139, 939
1,623
12,837
7,950

257,243
42,063
221,241
3,360
13,957
7,589

8, 010,604 3,231, 553 2,164, 763

868,306

229,927

48,136

580,361

545,453

123,958
48, 565
18, 315
9,069
68,451
54,202
50,061
20,253
56,684
159,716
22,884
54,811
80,793

21,820
3,964
2,457
5,782
34,421
9,870
9,156
1,972
27,131
115,020
3,988
12, 998
29,644

19,427
8,556
4,101
2,364
10,402
9,437
11,036
2,360
8,590
45,702
3,615
9,915
15,205

3,386
3,095

1,813
7,276

25,559
11,255
6,310
3,725
17,478
14,950
21,155
4,035
13,205
70, 619
4,970
11,572
21,119

18,436
7,948
4,961
1,768
10,391
5,920
11,598
2,394
7,165
42,991
3,731
11,869
9,521

150, 710

23,269

225,952

138,693

37,055
13,546
22,026
8,612

5,983
1,942

57,610
19,610
137,808
32,479

44,339
12, 226
69,145
16,653

127
64
38
17

'

57,026
20,905
24,330
334,148
15,190
96,644

Bills
National- payable
bank
and
notes out- dis-restanding counts

3,444
1,941
1,159
20,097
1,325
6,173

1,346

.-

Due to
banks 2

1,796
2,574
1,349
44,945
1,114
14,321

55
9

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

Demand
deposits,
including Time
United deposits
States
deposits

44,134
26,258
18,840
442,949
20, 797
78,947

430
217
620
15

. . .

Total
assets

37,437
29,824
22,080
599,104
22,960
124, 775

38

50
38

_.

Due from
Heal
inLoans and
estate, Cash in banks,
cluding
discounts, Invest- furniture
vault
reserve
and
including
ments
and
other cash
overdrafts i
fixtures
items

49
45
69
24
24
449
46
91
68

1,111
219
107
252
62

1, 709,864 1,691,196
284,341 285,102
870,003 1,017, 279
9,084
9,057
59,184
134,390
48, 721
62,599

146,381
41,065
93,453
1,146
6,102
7,379

30, 262
12,876
32,475
270
3,733
5,126

731,478
57,989
299,407
1,334
35,653
26,157

2,981,197 3,199, 623

295,526

84, 742

1,152, 018

154,459
64,018
27,88310,274
89,924
32,413
72,401
21,393
85,966
319, 617
22,854
80,090
114,071

83,206
31,881
16,232
13 821
75,011
90, 359
48,109
16,863
51,869
241,952
22,353
51,146
66,613

13,569
8,936
3,154
2 057
12,054
8,095
10,397
2,648
9,066
42,474
1,992
5,185
10,563

6,268
3,063
2,717
2,394
3,916
4,775
4,313
1,324
3,908
17,866
1,412
3,215
4,585

49,396
14,916
13,988
10,174
58,236
23,728
31,207
8,855
42,560
226,129
11,342
30,478
55,806

1,095,363

809, 415

130,190

59, 756

576,815

2,689,832 1,073,887

767, 762

278, 223

254,962
78, 273
479,793
122,809

33,916
13,367
45,749
10,087

12,876
9,122
36,860
8,477

106,085
57,350
598,442
101,436

711,009
240,194
1,902,952
383,223

236,703
71,544
391,023
122,074

39,976
19,507
258,748
29,808 J

296,978
80,169
716,373
134,955

308,620
123, 721
64,288
39,029
240,696
160,628
168,646
51,275
195,416
853, 266
60,295
170,983
252,969

92,614
39,137
26,939
15,825
95,296
64,667
59,461
17,560
80,006
409, 519
20,088
66,486
86,289

281,908
99,727
972,198
163,467

3,782
4,769
3,645
21,033
4,061
10,726

296
58
903
100
953

920

700
350
297
873

2,282
370

1,974
853

947

4,138

87
205
97
85

Wisconsin .
_____
Minnesota
._
Iowa
Missouri
.Total Middle
States

Western
_

6,470
6,847
4,295
8,298

54,725
108,486
37,346
121,167

1,801,400 1,475,244

123,788
193,830
42,908
101,192

24,658
75,699
23,826
84,743

21,967
20,679
7,013
8,763

451
444
599
410

25,455
37,950
9,851
28,885

17,703
21,861
6,245
14,761

4,752,827 2,124, 223 1,283,062

344,667
564,206
160,442
446,134

126,920
207,916
68,378
203,709

146,638

93,245

1,185,037

556,965

139,661

14,914

349,648

202,933

19,117
16,237
66,183
59,394
15,702
13,106
52,385
7,820
91, 278

20,149
21,804
64,967
71,207
31,505
10,673
87,975
9,443
105,975

2,588
2,387
7,184
8,834
2,885
1,078
5,244
1,340
11,463

1,224
965
2,939
3,670
1,718
1,020
5,996
1,222
4,887

9,862
6,321
42,861
41,100
13, 266
8,304
55,636
5,101
79,829

53,692
48,319
185,042
185,061
65.549
34,302
208,110
25,027
294, 574

18,208
18, 279
79,464
87, 764
25,302
13,773
86,291
13,866
136,511

23,984
18,436
44, 273
43,977
26,624
12,165
72,462
5,554
75,960

2,039
2,336
30,419
17,827
2,771
2,310
19,040
847
29,805

2,402
1,688
8,013
9,878
2,068
1,563
8,230
1,356
13,265

105
1,186
1,047
381
191
151
922
210
190

4,025
3,570
13,715
15,547
4,055
2,270
11,395
2,060
27,260

2,386
2,313
6,740
9,114
3,685
2,033
8,949
1,058
10,144

843

341, 222

423,698

43,003

23, 641

262,280

1,099, 676

479,458

323,435

107,394

48,463

4,383

83,897

46,422

_.

70
51
137
25
14
7
8

76,414
45,364
1,039, 264
6,114
13,625
2,854
4,715

114,837
95,647
683,494
7,634
19, 735
6,013
10,900

8,138
6,216
103,443
982
875
383
1,387

4,435
3,693
21,384
739
315
305
737

42,375
29, 571
251, 259
4,657
10,103
1,608
3,190

248,475
182,295
2,131,426
20,192
44,833
11,197
21,001

99, 701
79,756
67,863
76,586
605,542 1,040,492
8,848
6,298
16,956
13,375
5,061
4,516
7,952
8,169

19,185
10,844
107,648
1,467
6,300
162
882

15,589
9,043
96,685
997
2,714
472
1,312

1,083
639
5,194
86
251
25
76

21,855
10,020
137,417
1,785
2,958
500
1,525

8,961
6,128
102,841
620
1,924
400
945

Total Pacific States

312

1,188,350

938, 260

121,424

31,608

342, 763 2, 659,419

811,923 1, 229,192

146,488

126,812

7,354

176,060

121,819

4

1,153

2,036

129

346

1,042

4,715

2,156

1,748

48

174

275

284

1

17,296

14, 714

1,705

2,309

1,854

38, 507

12,088

16, 482

553

3,150

3,150

2,104

18,449

16,750

1,834

2,655

2,896

43, 222

14,244

18, 230

601

3,324

3,425

2,388

8, 262,161 7, 494,915

804,714

329, 786

3,859, 221 21,198, 649 8,574,599 6,334,687 2,145,922

746,913

100,366 1,566,698

1,180,559

Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona _

_

_

Alaska (nonmember banks)
The Territory of Hawaii (non•pipmbflr hnxilr)

Total (nonmember banks).
Total United States

2

13, 459
16,813
5,553
7,694

68
63
128
198
46
25
73
25
217

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

1

117, 218
204,079
55,839
162,271

149,841
222,136
56,407
144,541

1,114

5
5,057

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




g

i
o

O
c!

52

REPORT OF THE COMPTROLLER OF THE CURRENCY

LIABILITIES OF LICENSED NATIONAL BANKS ON ACCOUNT OF BILLS
PAYABLE AND REDISCOUNTS

Liabilities of licensed national banking associations for money borrowed on account of bills payable and rediscounts at the date of each
call since October 31, 1932, are shown in the following statement:
Total borrowings of national banks on account of bills payable and rediscounts at
date of each call since Oct. 31, 1932, according to geographical location
[In thousands of dollars]

Dec. 31, 1932:
Bills payable
Rediscounts

-

_ _

New
England
States

Eastern
States

10,444
5,202

127,181
25,077

Middle
Southern Western
States
States

Western
States

51,861
18,921

37,369
15,370

6,953
12,062

35, 847
2,309

269,655
78,941

Pacific
States

Total

Total

15, 646

152, 258

70,782

52,739

19,015

38,156

348, 596

June 30, 1933:
Bills payable _
Rediscounts

4,214
1,615

46,014
9,063

16,099
9,034

12,600
4,840

1,820
3,641

7,781
1,134

88,528
29,327

Total

5,829

55, 077

25,133

17, 440

5,461

8,915

117,855

Oct. 25, 1933:
Bills payable
Rediscounts

1,990
320

42,500
5,636

17,160
6,109

10,860
4,054

1,533
2,850

7,021
333

81,064
19,302

Total

2,310

48,136

23, 269

14, 914

4,383

7,354

100,366

Total borrowings of national banks on account of bills payable and rediscounts at
date of each call since Oct. 31, 1932, according to central and other reserve cities
and country banks
[In thousands of dollars]
Central
reserve
cities
Dec. 31, 1932:
Bills payable
Rediscounts -_

__

Total
June 30,1933:
Bills payable
Rediscounts.

Total




Total

47,209
2,264

222, 274
76,677

269,655
78,941

172

49,473

298,951

348,596

6,566
823

81,962
28,504

88,528
29,327

7,389

110,466

117.855

7,200

10, 706
332

81,064
19,302

7,200

11,038

63,158
18,970
82,128

Total
_. _

Country
banks

172

_ .

Oct. 25, 1933:
Bills payable
Rediscounts

Other
reserve
cities

100,366

REPORT OF THE COMPTROLLER OF THE CURRENCY

53

LOANS AND DISCOUNTS OF NATIONAL BANKS

The statement following shows a classification of loans and discounts reported by national banks as of June 30, 1931, 1932, and 1933.
Classification of loans and discounts as of June 30, 1981, 1932, and 1933
[In thousands of dollars]
June 30,1931
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 m a r k e t Loans to banks and trust companies:
On securities
All other
.-Loans secured by U.S. Government and
other securities (exclusive of loans to
banks)
__
Eeal-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 Total
Loans secured by U.S. Government obligations, .
.
Total loans eligible for rediscount with Federal Reserve banks

Percent

June 30, 1932
Amount

Percent

Amount l

Percent

$174,540

1.33

$124,716

1.21

$152, 763

1.88

51,861
269,215

.39
2.04

14,580
83,251

.14
.81

18,174
59,840

125,216
141,412

.95
1.07

196,508
135,151

1.91
1.32

113,379
90,493

.22
.74
1.40
1.11

4,537,713

34.44

3,182,495

30.95

2,759,876

34.00

304,824
1,280, 599

2.31
9.72

299,794
1,317,487

2.92
12.81

262,255
1,064,521

3.23
13.12

6,292,105

47.75

4,927,694

47.93

3,595,671

44.30

13,177,485

100.00

10,281,676

100.00

8,116,972

100.00

121,195

92,811

95,546

2,158,686

1,649,781

1,291,290

* Amount reported by licensed banks; i.e., those operating on an unrestricted basis.




June 30, 1933

Loans and discounts of licensed national banks, June SO, 1933
[In thousands of dollars]

Loans to banks
Notes,
bills,
acceptAccept- ances,
and
Comances of other
other instru- mercial
banks ments paper
bought
payevi- in
open
able in dencing
market
United loans,
On seAll
States payable
curiother
ties
in foreign
countries

Location

Loans on securities, exclusive of loans to banks

Heal estate loans,
mortgages, deeds
of trust, and
other liens on
real estate

Memoranda
Reportini

To bro- To brokers
kers
and
and
dealers dealers
in New elseYork where
City

To
others

On
farm
land

own ac- All other
ceptloans
ances
purOn otlier chased
real estate or discounted

Total

Total
loans eliLoans
gible for
secured rediscount
by
FedUnited with
eral ReStates
serve
Governbanks
ment
including
obliga- paper
untions
der rediscount

CENTRAL RESERVE CITIES

New YorkChicago

112,126
12,299

5,258
6,620

4,429
3,342

33,172
23,151

27, 582 184,139 10,818
5,460 12,600 46,586

526,471
218,429

448
2,937

12,060
21,693

17, 256
23,421

408,957 1,342,716
218,499
595,037

46,545
7,828

219,150
75,178

Total central reserve cities. __ 124,425

11,878

7,771

56, 323 33, 042 196, 739 § 7,404

744,900

3,385

33,753

40, 677

627,456 1,937,753

54,373

294,328

17,649

855
7

10,208
15

12,753
100

300
2

6,860

15,392

38,186
1,228

12, 265

1,048

775

2,124

15,853
1,705
643
292
341

1,664

2,000
1,000

6,547
581
199

84,579
2,729
86
81,271

2,124

123
483
34
543
145
195

4,821
229
4
1,302
676
117
343
82
33
174
176
75
6
439

58,599
1,562
72
42,720

217
56
79
31
129
674
22

496

13,918
1,306
93
2,487
500
587
1,604
1,600
2,093
1,540
6,787
3,419
207
2,347

173,138
4,813
162
121,392
34,492
13,961
19,765
9,168
4,196
15,811
17,386
6,095
16,349
31,840
33,125
3,880
15,577

B

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
_

_
...




413
173

-

20

113
200
132

1,021
350
25
25
120
605

428
30

100
25
15

100

2,000
300
3,000

213

490
38
205
308
348
309
252
791

10, 565
15, 712
7,725
1,442
16,665
7,109
3,442
5,144
12,304
21,344
634
8,598

70
242
394
35
325
1,511
1,581
17
1,521

2,275

40
290

372,185
8,894
281
249,085
97,974
25,561
41,375
18,893
6,358
38,305
29,904
12,811
24,241
53,549
61,862
4,970
28,561

48

15,955
2,568
4,510
2,276
1,462
4,000
7,630
2,121
2,352
8,344
14,514
1,608
7,501

125

o

Galveston
Houston
San Antonio
£ Waco..
_
g£ Louisville..
<=• Memphis
„
I Nashville
w Cincinnati
| Cleveland
Columbus
©i Indianapolis.
Chicago...
Peoria
Detroit
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 C i t y . . .
Total other reserve cities
Total all reserve cities




32
77
188

50

146
10

376
565
186

440
332
105
349
252
797
421
2
963
242

105
3,775
351
603
115
277

1,071
1,680
64
22
615

109
1,095
289

638

185
_

19
101
1,113

550

133

67
269
1,666
1,833
532
549
196
1,045
140
202
575
2,023
1,109
320
925
140
90
285
18
16
922

„
_.

14

78
410

"§,"608"

2,346

100

310
41
496
39
25
10
12
73
297
10
211
5,526
69

120

25,500

62
706
492
849
101
659
333
7
360
19
232
10,973
66
26

250
1
990
846
368
608
413
43
47
163
329
923
211

450

143

275
40
250

1,246

745
236
147
1,500

371
79
156
2,096
2,699

1,709

5"
26,267

5,318

150,692

17,196

29, 349

50,957

37,120 107,280

28, 919

1,544
17,152
3,775
1,695
6,422
7,085
13,368
21, 529
27,969
13, 595
4,467
671
5,053
20,106
29, 232
22,720
11,218
2,112
4,779
20
925
6,944
1,345
29,767
2,460

318"

350

682
"~62§"

78
499
13

43, 858

61,961 240,597

778
1,305
1,635
240
9,638
1,294
2,111
6,970
11,731
304
6,736
53,820
686
137,070
453
2,370

105
273
1,322
403
864
152
8

1,315
5
1,341
172
8
262
123
408
279
148
34
892
744
99
195
25
806
112
495
359
169
128
16,902
6
156

578
3,526
1,386
1,054
67
535
1,220
1,365
14,403
10,363
825
825
877
19,606
3,397
1,999
2,246
271
1, 761
204
112
626
143
5,019
4
309
630
71
268
5
1,807
5
2,117
1,372
927
3,081
162,327
612
214, 330
203
1,377

1,378

1,175
7,030
1,130

1,500

I"

250

"""27"
2,301
7,074

7, 582 , 9-°°i
4, 74*
24
46,861
17,008
. u,
6,319
2,765
18,057
9,162
26,274
17,058
36,731
19,315
35, 686
10, 551
59,472
14,338
36,953
10,795
17,390
11,176
2,197
389
14,350
5,138
10,306
77,638
40, 960
80, 577
58,977
96, 683
32,858
48,698
2,885
6,458
4,300
12,727
1,017
670
4,341
2,599
19, 025
31,108
7,933
3,701
71,940
32, 520
7,781
4,823
29,221
20,407
4,469
1,974
4,504
2,875
5,603
3,173
618
985
15,452
29,640
1,068
2,762
20,303
25,632
8,225
33,425
24,242
40,113
694
1,103
24, 703
13,698
97,439
336,341
1,762
458
180, 282 619,151
1,259
2,071
4,179
8,447

17
805
167
371
913
182
81
844
259
631
614
128
57
421
344
441
384
10
142
2
305
2,080
120
644
24
612
38
109
339
6
406
18
79
63
540
9
132
963
4
600
1
16

2,811
6,261
4,450
1,529
3,916
5,420
4,924
3,579
6,718
4,245
3,272
153
2,491
3,813
6,847
32,365
24,092
925
1,501
193
2,188
12,861
3,753
21,627
1,510
9,667
717
1,280
2,076
450
7,417
840
4,534
1,921
9,777
180
6,437
13,848
64
32,381
357
1,967

837,018

103, 715

539,788

38,938 1,274, 225 3,018,934

22,774

433,149

97,986 1,581,918

107,100

573, 541

79, 615 1,901, 681 4,956, 687

77,147

727,477

40, 582

Loans and discounts of licensed national banks, June 30, 1933—Continued
[In thousands of dollars]

Notes,
bills,
acceptAccept- ances,
and
ances of other
other instrubanks ments
payeviable in dencing
United loans,
States payable
in foreign
countries

Location

To bro- To brokers
kers
and
All
and
dealers dealers
other in New
elseYork where
City

To
others

On
farm
land

Memoranda

Reporting
banks'
own ac- All other
ceptloans
ances
purOn other chased
real estate or discounted

Total

Total
loans eliLoans
gible for
secured rediscount
by
FedUnited with
eral ReStates
serve
Governbanks
ment
including
obliga- paper
untions
der rediscount

Total New England S t a t e s . .
New York
New Jersey - _
Pennsylvania
Delaware
Maryland

937

1

10,118

405

365

2,009

2,410

140,871

3,458

71,337

16

175,936

407,863

2,223

50,767

65

14

3,211
184
3,268

2,752
413
9,899
4
186

650
2,969
40

713
879
685

336

7

119,079
83,257
174,947
2,541
5,471

7,770
2,400
12,058
885
2,431

70,682
66,030
97,798
899
5,420

47
1,003
171

38

230
630
1,366
6
17

171, 093
132,009
239,553
4,905
21,459

376, 306
289,774
539,829
9,240
35,365

1,221
753
2,221
40
76

61,362
34,084
62,635
1,269
5,606

14

6,701

2,249

13,254

3,995

2, 284

385, 295

25,544

240,829

1,221

569,019 1, 250, 514

4,311

164,956

1,283
728
112
108
62
1,273
235
119

421
19

126
104
103
34
13
80

14,575
9,444
1,903
607
2,379
2,247
4,290
3,881

955

28

32, 298
17,548
3,052
1,324
4,332
4,772
7,620
4,255

6,516
1,870
1,230
607
2,117
944
2,737«
3,187

131,650
63,062
19,941
7,914
20,370
17,586
45,907
21,185

612
517
168
57
168
279
201
291

29,110
8,491
5,307
2,214
4,715
4,388
8,851
3,458

109

9




4,119
3,639
3,504
35,328
4,312
20,435

1

44

-

215
667
900
852
219
605

566
5
151

.

Total Eastern States

10,832
9,370
4,657
58,184
8,754
49,074

42
574
20
4,166
2,149
3,167

215

.-

Commercial
paper
bought
in open
market On securities

Real estate loans,
mortgages, deeds
of trust, and
other liens on
real estate

•3

W
o
o
S

o

COUNTRY BANKS

Maine
New Hampshire
VermontMassachusetts
Rhode Island .
Connecticut

Virginia
West Virginia
North Carolina
South Carolina
Georgia Florida -_
Alabama_.
Mississippi

on securities, excluLoans to banks Loans
sive of loans to banks

7
765

763
196
100
100
339
138

133
77
40
25
60
70

212
1
10

357
139
4
10
110
104
14

142

664
1,095
150
100

69
3

587
281
18
927
157
440

16

15, 325
14,780
11,684
71,484
7,030
55,633

31,917
30,910
20,824
171,709
22,786
.129,717

449
203
168
875
76
452

74,347
33,014
13, 640
5,065
11,308
7,881
29,869
9,726

3,478
5,036
4,119
22,886
2,993
12,255

E

3

Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States..

448
138
25

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western StatesNorth Dakota
South Dakota
Nebraska
Kansas
Montana

2
10

543
95
20
33

30
674
4
19
208

132
947
425
274
707

181
995
196
5

611

932

2,327

1,673

6,405

4
30
200

1

50
160
302
309
238
703
142
455

280
237
238
41
178
152
44
47

726
2,067
643
964
370
688
511
467

2,359

1, 217

6,436

178
186
258
261
27

2
4

43
98

4
10

112
481
577
114
26
95
9
123
192

1,051

25

1,729

15
2
40

103

10

23

180
1

1

97

57

284

11

120

139

1
15
249

2

50

5

"Wvomins?

Colorado
98
New Mexico
Oklahoma
148
Total Western States
Washington
Oregon
15
California
Idaho
Utah
Nevada
2
Arizona
Total Pacific States
17
Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)..
Total (nonmember banks).-.
2,071
Total country banks. _~
152, 763
Total United States.




29

1
128
10

306
24

4,492
13,965
2,832
10,667
7,605

2,051
12,056
2,309
5,200
2,301

2,286
8,918
2,762
6,483
3,424

1,917

795

114,762

43,125

63,199

179

340
102
3
45

330
76
61
39
50
644
29
16

41,926
11, 227
19,408
14,155
22,496
16,042
2,219
3,744

12,373
5,816
8,771
1,789
3,456
7,961
3,943
2,246

27,324
10,990
7,217
10,306
8,334
6,933
2,286
2,583

676

1,245

131, 215

46,355

75,973

2,700
1,697
2,831
4,716
817
1,205
1,975
799
3,101

1,677
1,119
887
1,911
815
771
1,237
599
2,272

7

5

148

978
18,174

473

59

6,099

28, 532

59,840 113, 379

370,384

607,344

3,538

141, 257

69,700
26,568
51,546
18,155
33,616
35, 050
17,065
15,351

152,893
57,171
88,391
45,759
69,078
68,278
26,336
24,954

2,010
898
865
165
287
1,967
101
249

20,335
10,127
20, 0S6
5,791
13,083
19,389
8,926
6,112

82

267,051

532,860

6,542

103,849

6
4
2

13,135
11,717
23,181
34, 231
10,942
9,343
13,013
4,676
25,886

19, 292
16, 717
28, 638
44,799
14,844
13,312
20,020
6,924
36,064

127
77
42
231
503
45
61
27
446

5,722
5,726
13, 507
18,638
5,019
5,682
6,953
2,665
15,109

1,214

3
79

7
24

20, 285

19,841

11, 288

12

146,124

200, 610

1,559

79,021

5,057
1,342
13, 725
1,000
288
398
1,087

2, 283
1,930
10, 264
874
827
248
307

3,174
1,637
16,852
281
331
760
796

3
5
50

19,333
11, 401
39,162
3,535
1,916
1,285
2,205

30,030
16,318
80,514
5,701
3 362
2,691
4,406

32
58
95
8
3
17
11

6,177
3,356
10,920
1,464
585
304
1,140

22,897

16, 733

23,831

58

13

59

16

4, i)S2
48,481
4,899
9,306
7,985

43

4

26

22,720

76
643
213
206
107

83

40

16
473

24,060
135,443
22,232
55,326
42,668

1,438
1,513
860
3,566
2,212
1,898
3,767
578
4,453

9
29

14,621
97,619
12,784
32,159
28,351

258
1

178

8,277

99

78,837

143,022

224

23,946

342

928

1,312

2

17

4,181

3,493

16,760

4,421

178

8,303

99

4,523

18, 072

2

17

7,056

823, 628

155,155

490,980

2,603 1, 611, 772 3,160, 285

18,399

563,813

90,493 249, 288 105, 042 2,405, 546

262, 255

1,064, 521

82, 218 3, 513,453 8,116, 972

95,546

1,291,290

8, 691

58

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, 1933, 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 30, 1931 and 1932:
[In thousands of dollars]
Loans
June 30 , 1931

Banks i n -

Amount
New York

._

Do
Chicago
Other reserve cities
All reserve cities
States (exclusive of reserve cities)
Total United States
1

_

June 30, 1932

Percent

Amount

June 30, 1933

Percent

Amounti

Percent

2,522, 210

19.14

1,565,857

15.23

1,342,716

16.54

} 2,966,537
4,627, 747

22.51
35.12

1,828,316
3,970,907

17.78
38.62

1,937,753
3,018,934

23.88
37.19

7,594, 284
5,583, 201

57.63
42.37

5, 799, 223
4,482,453

56.40
43.60

4,956, 687
3,160, 285

61.07
38.93

13,177,485

100.00

10, 281,676

100.00

8,116,972

100.00

Amount reported by licensed banks; i.e., those operating on an unrestricted basis.

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, 1929

The amount and percentage of increase or reduction of demand and
time deposits, loans and discounts, United States Government and
other bonds and securities owned, and reserve of national banks with
Federal Reserve banks on June 30, of each of the last 5 years are shown
in the following statement:
[In thousands of dollars]

June 29,
1929
(7,536
banks)

Percent
increase

Percent
increase

Percent
increase

June 30,
June 30,
June 30,
June 30,
1930
or(+)
de1931
or(+)
de1932
or(+)
de1933
or(+)
de(7,252 crease
(6,805 crease
(6,150 crease
(4,902 crease
banks)
(-)
banks)
(-)
banks)
banks i) ( - )
<")
since
since
since
since
June
June
June
June
29,
30,
30,
30,
1929
1930
1931
1932

10,504,268 10,926,201
Demand deposits
Time deposits
8,317,095 8, 752,571
Loans and discounts 2__ 14,801,130 14,887,752
united otares u-ovu.
and other b o n d s ,
stocks, etc., owned.._ 6,656,535 6,888,171
Reserve with Federal
1,344,951 1,421,676
Reserve banks

+4.02 10,105,885 - 7 . 5 1 7,940,653 -21.43 7,894,127 - 0 . 5 9
+5.24 8,579,590 - 1 . 9 8 7, 265,640 -15.31 6,216,917 -14.43
+.59 13,177,485 -11.49 10,281,676 -21.98 8,116,972 -21.05
+3.48 7,674,837 +11.42 7,196,652 - 6 . 2 3 7,371,631 +2.43
+5.70 1,418,096

- . 2 5 1,150,575 -18.86 1,412,127 +22.73

1 Licensed banks; i.e., those operating on an unrestricted basis.
2 Includes rediscounts and customers' liability under letters of credit.




Percent
increase

REPORT OF THE COMPTROLLER, OF THE CURRENCY

59

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

The following statement shows a classification of United States
Government securities owned by licensed national banks according to
reserve cities and States, June 30, 1933.
U.S. Government securities owned by licensed national banks, June SO. 1938
[In thousands of dollars]
U.S. Government securities
Bonds (including
Certifibonds de- Treasury- cates of Treasury
posited to
notes
indebtedbills
secure cirness
culation)

Location

New York..
Chicago.

CENTRAL RESERVE CITIES

Total central reserve cities..

Total

321, 856
38, 490

208, 768
49, 297

58, Oil
43,460

148, 544
130,425

737,179
261,672

360, 346

258, 065

101,471

278,969

998,851

57, 788
3,656
300
77,819
145, 385
39,103
37,696
7,150
1,687
16, 991

102,415
1,170
67
22,951
46,168
22,351
7,988
5,172
674
6,763
2,945
8,181
1,054
3,975
7,161
1,968
2,002
1,345
12,763
5,410
715
3,604
3,368
548
1,491
11,666
8,357
12,306
1,157
634
18,228
5,819
10,877
1,135
60
165
794
566
8,923
1,688
34, 596
4,4v>2
4,342
47
1,802
4,103

21,325
25

21,480

203,008
4,851
367
106,360
195,117
65,862
46, 570
12,392
2,414
25,769
12,296
25, 541
9,995
22,506
24,961
5,145
9,204
5,975
32,005
14, 647
4,189
21,745
9,912
4,752
15,785
40,997
17,941
19,952
3,046
9,021
54,843
31,176
43,357
24,543
758
4,515
1,778
5,051
31,875
4,6*8
58,695
8,444
19,578
2,774
6,620
15,963
2,066
43,417
3,067
12,686
9,073
44, 341
743
44,898
135,619
789

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
Indianapolis
Chicago
Peoria..
_
_
Detroit..
Milwaukee
Minneapolis
St. P a u l . .
Cedar Rapids
Des Moines
Dubuque
Sioux City
Kansas City, Mo
. Joseph .
St. Louis.
Lincoln
Omaha
Kansas City, Kans.
Topeka
Wichita
Helena.....
Denver
Pueblo
Oklahoma City
Tulsa
Seattle
.__
Spokane
Portland
Los Angeles
Oakland

..._.

16,960
8,941
13,868

_

_._-_._„




..

....

—

14,328
3,093
6,385
4,554
17,366
6,83S
2,932
17, 614
5,788
4,180
13,432
26.836
9,173
7,368
1,888
8,377
29,239
23.837
29,477
22,398
593
4,215
473
4,300
10,821
2,6*2
17,265
3,9uO
7,330
2,727
4,688
1,830
1,895
27,762
1,323
10,023
6,847
21,917
743
39, 543
100,327
704

12,632
1,145
2,588
2,013
21,415
5,315
22,442
85

3,490
3,564
2,658
886
70
53
1,016
2,664
400
1,463
3,365
84
817
76
1,876
2,349
542
527
756
24
862
2,495
411
278
1
10
7,376
1,420
3,003
760
105
135
511
135
3,111
318
2,437
52
7,906
130
6,755
171
2,673

2,100
"1,750"

999

3,200
107

100
~250~

50
9,020
4,397

3,275
350
599

75
213
1,009
40
4,859

7,991

60

REPORT OF THE COMPTROLLER OF THE CURRENCY

U.S. Government securities owned by licensed national banks, June 80,1983—Con.
[In thousands of dollars]
U.S. Government securities
Bonds (including
Certifibonds de- Treasury cates of Treasury
posited to
indebtedbills
notes
secure cirness
culation)

Location

Total

OTHER RESERVE CITIES—continued

San Francisco
Ogden
Salt Lake City
Total other reserve cities
Total all reserve cities

_

COUNTRY BANKS

Maine
-.
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
-- - Delaware
..
Maryland
Total Eastern States
Virginia
West Virginia
North Carolina _
South Carolina
Georgia
-- Florida
-Alabama

-

-

-

-- -

---

Louisiana
- --Texas
_
Arkansas
.
Kentucky
Tennessee
Total Southern States
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 Pacific States
Alaska (nonmember banks)
Tho Territory of Hawaii (nonmember bank)
Total (nonmember banks)
Total country banks
Total United States



222,358
500
6,051
1,189,961
1, 550,307

22,456
1,064

2,575

495,161
753, 226

97,856
199, 327

6,684
11,320
4,698
45,386
6,749
28, 281
103,118
100, 642
77,380
138, 865
2,121
6,664
325, 672
29,941
13,366
4,003
2,996
8,087
28,403
13,027
3,981
4,189
43,083
8,281
12,142
12, 267
183, 766
44,322
20,100
41,959
15,290
19,851
26,239
7,682
10,451
185,894
5,917
5,307
9,851
13, 877
9,095
4,891
7,521
3,394
17,244
77,097
12,883
6,011
19,535
3,403
997
1,263
8,049
52,141
1,150
3,285
4,435
932,123
2,482,430

2,613
920
575
24,950
2,200
9,360
40, 618
38,466
21,150
25,330
192
1,567
86,705
5,671
1,115
50
911
1,856
12,327
2,962
643
448
5,327
1,856
1,554
1,272
35,992
5,792
4,827
12,470
3,873
5,153
3,739
2,173
2,180
40,207
766
748
2,391
2,002
1,692
494
1,449
301
2,166
12,009
4,086
1,295
3,101
603
28
1,599
102
10, 814
97
987
1,084
227,429
980,655

141
103
3,142
329

3,715
2,596
2,329
1,948
202
10
7,085
312
23
31
10
315
3,924
1,131
346
25
1,547
242
43
2,348
10,297
322
168
2,169
549
1,023
1,898
244
319
6,692
782
632
196
297
571
15
86
89
2,668
332
139
468
5
30
974
50
50
31,481
230,808

1,618

249,007
1,564
6,051
57,286 1,840,264
336, 255 2,839,115
9,438
12,344
5,273
341
73,819
8,949
37,970
342
147, 793
141,704
100,859
200
166,343
2,515
5
8,246
205
419,667
35,924
5
14,509
4,084
3,917
10,258
44,774
120
17,124
4
4,970
4 662
113
50, 070
10 379
65
13,804
15,887
307
230,362
50,436
25,095
153
56,751
19,712
26,077
50
31, 876
20
10,119
12,995
45
268
233, 061
10
7,475
50
6,737
43
12,481
16,176
11,358
5,400
20
9,076
159
3,854
24
19,523
306
92,080
17,301
7,445
23,104
4,011
1 025
2 862
8,181
63,929
1 297
4,272
5,569
1,428 1,192,461
337,683 4, 031,576
1

ItEPORT OF THE COMPTROLLER OF THE CURRENCY

61

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 30, 1931, 1932, and 1933, and a'detailed classification by reserve cities and States of bonds and securities other than
United States Government owned on June 30, 1933.
[In thousands of dollars]
June 30,
1931
Number of banks.
Domestic securities:
State, county, and municipal bonds
Eailroad 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
U.S. Government securities
Total bonds and securities of all classes
licensed banks;i.e., those operating on an unrestricted basis.




June 30,
1932

June 30,
1933

6,805

6,150

997,220
719,688
828,198
886,614
98,315
119,160
145, 837
112,487
34,602

1, 031,407
652,665
684,465
686,308
90,417
114,669
118, 240
86,291
34,576

1,067,797

230,979
245,469

168,155
176,793

149,389
116,655

4,418,569
3,256,268

3,843,986
3,352,666

3,340,055
4,031,576

7,674,837

7,196,652

7,371,631

14,9

533,260
529,172
83,603
110,436
92,690
94, 681
31,738

United States Government, domestic, and foreign bonds, securities, etc., owned by licensed national banks June 30, 1933
[In thousands of dollars]
Foreign securities

Domestic securities
U.S.
Government
securities

Location

State,
county, Railroad
and
bonds
municipal bonds

Other
public
service All other
corporabonds
tion
bonds

Stock of
Federal
reserve
banks

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

All
other,
including
claims,
judgments,
etc.

Total
bonds,
stocks,
Other
Total,
securiforeign
all bonds
securities, ties, etc., and seGovern- including other
curities
ment
thanbonds of
bonds
United
municiStates
palities,
etc.

CENTRAL RESERVE CITIES
New York
Chicago

_

Total central reserve cities .

737,179
261,672

199,856
27,102

106,382
13,679

54,103
17,304

67,151
29,230

19,428
4,892

37,966
10, 734

9,431
21,606

3,410
23,308

2,871

44,536
801

12,665
4,328

554,928
155,855

1,292,107
417,527

998, 851

226,958

120,061

71,407

96,381

24, 320

48,700

31,037

26,718

2,871

45,337

16,993

710, 783

1,709,634

203,008
4 851
367
106, 360
195,117
65, 862
46, 570
12, 392
2,414
25, 769
12, 296
25, 541
9 995
22, 506
24,961
5,145
9,204
5,975
32,005
14, 647
4,189
21,745
9,912
4,752

27,134
1 672
65
22, 048
515
6,439
2,309
4 051
607
4,862
1,360
4,404
1,891
4,259
3,998
482
3,314
1,255
2,181
2,798
1,304
995
7,950
2,857

11,322
2 094
256
22, 289
18, 287
2,525
1,425
1,812

15,447
2 403
200
18, 296
11,841
158
2,446
1,076

4,853

795
9

8,660
282

1,800
1,944
49
303
1,063
64
125
126
196
61
256
1,003
1
77
139
1,045
420
1
16
137
1,009

11,993
7,692
5,474
1,008
14

851

836
523
8
5

5,382
1,931
901
184
22

3,954
215
28
4,036
952
301
416
115

2,279
99
1,236
298
343
646
8
67
254
746
110
159
2,667
91
286

3,795
224
15
3,226
1,661
345
409
240
78
364
261
250
375
325
477
44
224
90
448
214
52
157
323
221

7,459
161

3,289
414
1,795
262

6,357
1,200
73
6,413
21, 731
2,940
2,406
531
149
1,552
1,770
2,315
362
2,647
3,208
289
965
1,629
4,976
481
1,237
1,730
805
2,703

24

93
1
85
129

89, 776
8,260
637
97,170
67,077
19,195
10,911
8,924
899
13,296
4,579
10,872
3,603
9,067
13,030
2,032
5,492
3,917
11,979
4,387
3,046
7,838
10,413
7,622

292,784
13, 111
1,004
203, 530
262,194
85,057
57,481
21,316
3,313
39,065
16,875
36,413
13, 598
31, 573
37,991
7,177
14,696
9,892
43,984
19,034
7,235
29, 583
20,325
12,374

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

_ __

-




236
58
145
624
67
121
1,908
49
268

387
208
212
69
215
15
25
49

13

55

2,828
973
216
49
699
128
5
47
552
2

1

1
91
142
19
111
275
59
161
351
7
337
13
96
285
95

533
270
42
31
310
292
66
151
278
79
76
172
132

84
136
143
83
324
75
16
129
430
62
66
173
49
36

Cincinnati
Cleveland
Columbus
Indianapolis
Chicago..
Peoria..
Detroit.
Milwaukee
Minneapolis
St. Paul
Cedar Rapids
Des Moines
Dubuque
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
Total other reserve cities..
Total all reserve cities

15, 785
40,997
17,941
19,952
3,046
9,021
54,843
31,176
43,357
24, 543
758
4,515
1,778
5,051
31,875
4,648
58,695
8,444
19, 578
2,774
6,620
15,963
2,066
43,417
3,067
12, 686
9,073
44,341
743
44,898
135, 619
789
249,007
1,564
6,051

4,533
542
6,367
900
1,146
1,963
551
2,221
10,870
5,244
1,847
5,155
131
685
5,716
747
9,392
542
6,147
714
3,354
2,701
900
6,633
1,157
12,209
4,537
5,870
355
13,778
69,813
725
105,969
330
3,522

1,900
1,015
1,866
264
578
1,422
118
1,405
7,890
2,809
126
930
274
110
771
162
3,585
142
2,531
4
50
98
451
2,035
680
321

1,983
326
1,142
602
565
1,037
1,194
1,699
2,290
540
1,073
1,011
56
187
274
161
3,855
452
2,558
87
24
12
182
1,999
1,041
213

5,790
20
4,080
2,369
24
5,721
123
593

1,255
26
4,915
2,272
86
3,807
90
473

3,726
3,559
5,582
521
329
1,102
714
2,017
2,917
2,285
197
2,076
323
1,340
595
369
5,884
1,135
584
627
500
685
681
2,633671
1,930
124
2,391
105
1,606
9,529
127
13,532
261
962

410
303
405
195
58
204
675
570
592
348
30
105
12
56
194
61
653
57
240
39
48
111
18
311
51
261
462
487
17
285
2,070
18
3,833
18
77

235
2,879
228
42
10
3
1,013
125
1,008
507

721
100
18

1
330

174

460

709
44

53
1,429
872
376

2,604
24
2,841
16
49
1
117

51
17
681
8
4

211
2
1,662
3

692
83

1,450

2,805
13

1,789
340
1,808

103
514
22
15
272
765
29
136
101
5,097
1,223
3,844
39
1,912
446
7
2,329
6

663
1
99
57
173
80
51
106
2
1
1,244
45
4
14
24
9
179
69
161
29
203
108
97
154
984
212

851
500
842
231
50
266
19
389
1,754
437
150
172
10
302
215
266
729
137
349
51
134
12
142
224
102
349
41
604
32
1,099
3,733
27
1,160
11
189

238
162
785
840
50
258
546
152
726
1,411
114
77
69
67
549
130
322
6
118
951
58
164
651
248
80
2,916
6,662
2,608
11
77

14,597
9,949
17,318
3,694
2,862
6,758
3,817
10,180
27,215
14,950
4,896
10,944
806
3,134
10,489
1,977
29,927
2 678
12,807
1,537
4,529
4,397
2,521
16,004
4,015
22,367
7,070
20,692
782
30,688
101,303
1,027
141,732
1,184
7,919

30, 382
50,946
35,259
23,646
5,908
15,779
58,660
41,356
70,572
39,493
5 654
15,459
2 584
8,185
42,364
6 625
88,622
11 122
32,385
4,311
11,149
20,360
4,587
59,421
7,082
35,053
16,143
65,033
1,525
75,586
236,922
1 816
390,739
2 748
13,970

1,840, 264

406,016

119,831

98, 643

140,088

27,092

36, 422

38, 371

27, 094

8,988

35,373

32,869

970,787 2,811,051

2,839,115

632,974

239,892

170, 050

236,469

51,412

85,122

69,408

53,812

11,859

80, 710

49,862

1,681,570 4, 520, 685

9,438
12,344
5,273
73,819
8,949
37,970

719
757
600
8,497
941
7,231

3,241
2,418
2,450
13,993
1,361
7,722

10, 534
6,028
3,618
35,179
5,291
10,329

4,854
2,230
1,925
15,844
2,260
4,601

271
298
216
1,586
307
1,180

61
343
57
2,058
320
394

678
64
407
1,242
603
815

19
67
74
95
291

212
41
23
319
22
287

2,064
532
939
4,024
320
2,602

1,475
579
693
4,744
739
2,817

24,128
13,357
11,002
87,581
12,164
38,269

33,566
25,701
16,275
161,400
21,113
76,239

147,793

18,745

31,185

70,979

31, 714

3,858

3,233

3,809

546

904

10,481

11,047

186, 501

334, 294

COUNTRY BANKS

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

_

Total New England States




CO

United States Government, domestic, and foreign bonds, securities, etc., owned by licensed national banks June SO, 1988—Continued
[In thousands of dollars]
Foreign securities

Domestic securities
U.S.
Govern- State,
Other
ment
Stock of
public
All other Federal
securi- county,
Railroad
service
and
ties
reserve
bonds corpora- bonds
municibanks
tion
pal bonds
bonds

Location

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

All
other,
including
claims,
judgments,
etc.

Total
bonds,
Other
stocks,
Total,
foreign
securibonds
ties, etc., all
and
seGovern- securities,
including other
curities
ment
of
than
bonds bonds
munici- United
palities,
States
etc.

COUNTRY BANKS—continued
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
Ohio
Indiana
Illinois
Michigan
Wisconsin—
Minnesota




144

619
810
1,929
10
312

12,306
6,998
15,398
448
803

13,295
6,904
16,130
331
902

282,459
171,924
319,161
6,338
19,908

424,163
272,783
485,504
8,853
28,154

3,946

3,680

35,953

37,562

799,790

1,219,457

766
150

150
236
1

219
27

151
82
559
11
6
4,844
422
558
554

763
585
14
129
250
723
468
192
83
417
281
417
348

496
380

6
15
62
14
5
249

389
581
19
4
172
159
596
181
71
1,600
344
719
221

431
174
324
283

22,263
15,187
4,659
2,879
5,453
15,507
18,083
11,355
6,925
35,044
11,860
11,844
7,920

58,187
29,696
8,743
6,796
15, 711
60, 281
35, 207
16,325
11, 587
85,114
22,239
25,648
23,807

5,825

1,513

7,674

5,056

4,670

3,373

168,979

399,341

617
322
439
117
275
173

721
1,044
909
470
594
762

85
15
3,474
81
101
3,910

2,364
179
1,963
44
299
396

2,778
1,227
1,677
1,728
1,728
2,167

2,221
726
1,688
1,527
1,060
2,180

58,706
30,572
51,870
27,266
34,362
57,145

109,142
55,667
108,621
46,978
60,439
89,021

141,704
100,859
166,343
2,515
8,246

70,748
38,752
26,877
700
4,150

67,070
45,074
81,525
1,478
3,802

67,6*0
40,956
91,768
1,966
5,282

35,970
23,616
68,528
1,216
3,998

3,622
2,678
6,150
129
289

5,596
4,035
2,778
34
79

3,353
1,124
7,463
26
147

2,210
977
615

419,667

141,227

198,949

207,642

133,328

12,868

12, 522

12,113

35,924
14,509
4 084
3,917
10,258
44,774
17,124
4,970
4,662
50,070
10,379
13,804
15,887

8,442
3,666
3 903
1,0*0
1,706
7,599
6,8*8
7,446
3,926
14,9o5
4,988
1,965
3,575

2,063
1,688
102
280
750
1,261
1,523
337
4i8
1,378
823
1,842
245

2,335
2,341
84
260
967
1,649
2,260
579
633
1,521
923
2,635
640

4,687
3,687
264
955
979
2,141
4,228
2,045
1,017
7,532
3,592
2,573
1,369

1,159
538
187
106
275
378
551
191
188
1,690
227
455
328

1,013
1,335
85
56
133
1,267
253
125
578
427
86
137
330

230,362

70,089

12,710

16,827

35,069

6,273

50,436
25,095
56,751
19,712
26,077
31,876

20, 526
3,747
17 685
9,004
8,714
22, 249

7,893
7,378
4,334
3,035
3,814
6,605

7,597
8,095
8,952
5,589
9,788
6,621

12,393
7,228
9,672
5,221
7,352
11,299

1,511
611
1,077
450
637
783

19
64
233
735
234

10,119
12,995

4,832
5,895

1,259
637

1,949
1,084

2,481
2,502

271
251

56
181

46
21

625
289

289
114

476
284

337
122

12, 621
11,180

22, 740
24,175

233,061

92,452

34,955

49,675

58,148

5,591

2,180

4,567

8,580

5,648

12,065

9,861

283,722

516,783

7,475
6,737
12,481
16,176
11,358
5,400
9,076
3,854
19,523

4,060
8,077
2,395
11,182
4,574
1,968
4,333
1,827
20,521

852
665
822
460
1,699
200
926
134
278

1,560
1,215
1,026
.425
2,074
367
1,504
173
591

2,237
2,893
3,447
1,736
3,074
1,509
2,743
1,573
2,882

179
170
289
488
189
115
214
69
459

32
16
20
174
39
38
155
4
118

119
30
134
16
164
92
1
46

727
759
479
1,206
717
227
588
1
8,752

492
214
279
349
194
155
270
50
1,233

450
247
631
610
989
70
398
24
485

712
476
464
230
1,327
69
327
25
103

11,420
14, 762
9,986
16,876
15,040
4,718
11,550
3,881
35,468

18,895
21, 499
22,467
33,052
26,398
10,118
20,628
7,735
54,991

92,080

58,937

6,036

8,935

22,094

2,172

596

602

13,456

3,236

3,904

3,733

123, 701

215, 781

17,301
7,445
23,104
4,011
1,025
2,862
8,181

7,944
6,390
30, 730
1,199
319
1,893
1,330

2,372
508
2,649
209
100
134
93

1,490
711
5,292
247
99
100
333

3,434
918
5,055
326
121
183
864

324
184
716
71
28
24
82

204
19
679
23
30

278
24
326
2
9

2,451
1,723
279
710
1
2
954

150
195
786
39
10
31
14

475
374
480
146
27
34
6

292
208
571
22
10
23
41

19,414
11, 254
47,563
2,994
754
2,424
3,719

36,715
18, 699
70, 667
7,005
1,779
5,286
11,900

63,929

49,805

6,065

8,272

10,901

1,429

957

639

6,120

1,225

1,542

1,167

88,122

152, 051

1,297

109

84

163

185

1

39

16

16

50

663

1,960

4,272

3,459

758

717

1,264

7,007

11, 279

Total (nonmember banks).
5,569
Total country banks
1,192,461

3,568

842

880

1,449

1

39

647

130

64

7,670

13,239

434,823

290, 742

363, 210

292, 703

32,191

25,314

23, 282

40,869

19,879

68, 679

G6, 793 1, 658, 485

2,850,946

1,067,797

530, 634

533, 260

529,172

83,603

110,436

92, 690

94, 681

31, 738

149, 389

116, 655 3,340,055

7,371,631

Iowa
_
_
Missouri
_
_
Total Middle Western
States
North Dakota
South DakotaNebraska
_ - ..
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)
_.

Total United States.

. . . 4,031, 576




2

631

130

48
50

66

REPORT OF THE COMPTROLLER OF THE CURRENCY
EARNINGS AND DIVIDENDS OP NATIONAL BANKS

A comparative statement of the earnings and dividends of national
banks for the fiscal years ended June 30, 1932, and 1933, and statements showing the capital, surplus, and earnings, etc., of these associations in reserve cities and States and Federal Reserve districts June
30, 1933, follow. (Similar tables for the 6-month periods ended
Dec. 31, 1932, and June 30, 1933, are published in the appendix of
this report.)
Earnings and dividends of national banks for the fiscal years ended June 80, 1982
and 1988
[In thousands of dollars]
June 30, 1932 June 30, 1933
(6,150 banks) (4,902 banks)
Capital, par value:
Common
Preferred—

i 1,463,412
i 53,793

Total.
Surplus
Total capital and surplus.
Gross earnings:
Interest and discount on loans
_
Interest and dividends on bonds, stocks, and other securities
Interest on balances with other banks
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign loans, investments, and
bank balances)
Trust department
Service charges on deposit accounts
Other earnings
___
TotalExpenses:
-Salaries and wages
Interest on deposits of other banks
__.
Interest on other demand deposits
Interest on other time deposits._.
Interest and discount on borrowed moneyTaxes
Other expenses—
_
Total current expenses
_
Withdrawals
from reserves for expenses of previous periods accrued and
unpaid 2
_
Grand total.
Net earnings
Recoveries, profits on securities, etc.:
On loans.
On bonds, stocks, and other securities..
Allother
Total

_•_

Total net earnings, recoveries, etc.

i 1,568,983
i 1,259,425

i 1,517,205
1940,598

i 2,828,408

i -2,457,803

615,357
298,841
14,645
12,699

473,696

18,172
22,366

283,568
10,657
14,099

83,092

12,538
21,461
14,006
52,337

1,065,172

882,362

239, 200
25,820
66,772
230,439
21,504
48,080
139, 783

204,513
18,521
46, 715
189,087
17,181
41,020
120, 714

771,598

637,751

771,598
293,574

666,010
216,352

16,753
34,390
16,051

17,129
51,515
9,915

28,259

67,194

78,559

360,768

294,911

i Capital and surplus as of end of fiscal year.
* For classification of amounts see abstract of earnings and dividends for 6 months ended Dec. 31,1932,
published in appendix of this report.
NOTE.—Figures reported include the returns of all active banks Dec. 31 and June 30, but the number of
banks shown in the heading represent the number active on June 30.




REPORT OF THE COMPTROLLER OF THE CURRENCY

67

Earnings and dividends of national hanks for the fiscal years ended June 80, 1932
and 1983—Continued
June 30, 1932 June 30, 1933
(6,150 banks) (4,902 banks)

Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation
Total current period
_
Withdrawals
from reserve for depreciation of previous periods on real
estate 2-.._»
———._- .
Grand total.._
_
Net addition to profits
„
Dividends. _
_
___
Ratios:
Dividends to common capitall
„
percent..
Dividends to common capital and surplus *
do
Net addition to profits to common capital i
do
Net addition to profits to common capital and surplus L.
do
1
Capital
2

259,478
201,848
17,693
21, 529

231,420
236,557
15,916
22,803
506, 698
6, 599
513, 295
3 218,384
99,098
6.77
4.12
8 14.92
3 9.08

and surplus as of end of fiscal year.
For classification of amounts see abstract of earnings and dividends for 6 months ended Dee. 31,1932,
published in appendix of this report.
s Deficit.




Abstract of reports of earnings and dividends of national banks for the year ended June 80, 1938 {active banks operating on an unrestricted
basis Dec. 31, 1932, and June 80, 1988)
[In thousands of dollars]
Capital, par value

Location

Maine
_
New Hampshire
Vermont
_
Massachusetts
Boston
Khode Island
Connecticut
Total New England States
New York i
Brooklyn and Bronx
New York City
New Jersey
Pennsylvania
Philadelphia
Pittsburgh
___.
DelawareMaryland
Baltimore
Washington, D.C
Total Eastern States
Virginias
West Virginia
North Carolina
Charlotte
South Carolina
Georgia8




Number of
banks Common Preferred

25
48
33
121
6
10
58

4,400
5,loO
4,185
28,427
72,000
4,520
19,902

Total

Gross earnings
Foreign
departInterest
Total
ment
and divi- Interest Collec- cept (excapital
inService
tion
Surplus and Interest dends on on balon Trust charges Other
dis- bonds,
charges, terest
surplus and
ances
foreign
departon de- earncount stocks,
commis- loans, in- ment posit
other sions,
ac- ings
fees veston loans and with
banks
counts
etc.
other sements,
curities
and bank
balances)

250
360

4,925 4,045
5,505 4,284
5,170 1,868
29,646 20,152
72,000 42, 750
4,770 5,580
20,262 15, 767

8,970 2,403
9,789 1,823
7,038 1,532
49, 798 9,614
114, 750 16,034
10,350 1,205
36,029 7,532

525
375
1,219

2,167
1,214
979
7,219
9,051
858
3,078

36
22
8
104
563
13
93

30
24
22
138
213
6
53

21
2
2
20
1,216
2
22

64
22
25
276
714
18
727

28
75
28
577
640
43
220

107
204
102
958
2,206
57
800

18,906
30,637
2,202
12,525

1,611

4,434

75,210

5,908
628
796
256
95
9
17
16
152

116
1,214
401
280
246
3
3
9
36
67

1,402 47,823
53
1,406
9,893 135,416
1,523 34, 308
2,233 62,343
646 23,431
650 17,104
14
1,000
60
4,221
263
4,298
420
5,720

8,420

3,063 17,157 337,070

301

138,564

3,714

142,278 94, 446

236, 724 40,143

24, 566

486

1,285

1,846

396
8
10
214
582
14
5
15
41
4
8

59,263
4,975
302,679
43,977
80,773
32,626
22,200
1,623
3,818
5,750
6,950

2,411

61,674
4,975
302,679
45,487
81,398
32,626
22,200
1,623
4,802
5,750
6,950

109,345
6,665
480,004
79,238
189,949
76,446
51,375
4,198
8,557
11,150
12,050

24, 235
656
58,413
18,112
34, 208
13,103
6,012
550
2,372
1,352
2,902

20,257
561
48,523
13,235
24,041
8,193
10,088
409
1,711
2,556
2,024

311
7
142
160
470
536
143
4
34
29
104

372
9
2,741
226
281
82
75
11
18
41
43

15
4
8,582
23
34
369
38

543

1,297

564, 634

5,530

570,164 458,813 1,028,977 161,915

131, 598

1,940

3,899

9,078

122
62
32
3
15
47

25,669
10,445
3,615
1,300
1,725
17,315

45
510
540

2,702
1,205
318
129
425
2.251

202
103
25
8
36
365

159
58
59
10
82
405

1,510
625

47,671
1,690
177,325
33, 751
108,551
43,820
29,175
2,575
3,755
5,400
5,100

25,714 14,316
10,955 5,900
4,155 2,170
1,300 1,300
1,725 1,410
17,315 11,934

40,030
16,855
6,325
2,600
3,135
29,249

9,167
4,013
1,438
353
904
5.173

Total
gross
earnings

299
83
16
12
20
176

177
64
47
23
53
270

564
550
80
37
97
747

4,856

13r273
6,079
1,983
572
1,617
9,388

00

Florida
Jacksonville..
Alabama 4
Mississippi
Louisiana
New OrleansTexas 8
Dallas
Fort Worth
Galveston
Houston
San Antonio..
Waco
Arkansas
Kentucky •
Memphis—.
Nashville—.
Total Southern States.

42
3
66
23
19
3
423
3
4
4
7
6
3
45
87
61
3
3

12,150
4,550
2,150
9,100
4,950
1,350
4,720
10,545
7,069
5,500
3,900

~4,~666"

8,800 3,001
6,000 1,620
20,755 9,624
3,935
1,953
4,225 1,690
8,200 2,640
34,655 17,634
12,150 3,150
4,550 1,650
2,150
750
9,100 5,125
4,950 1,925
1,350
400
4,720 2,677
10,675 9,322
7,069 3,527
5,500 2,750
7,900
450

201, 261

16, 587

217,848 106,918

8,800
6,000
13,255
3,735
4,225
5,200

7,500
200
3,000
662

130

11,801 1,192
7,620
731
30,379 4,324
5,888 1,466
5,915 1,577
10,840 1,459
52,289 11,323
15,300 3,655
6,200 1,689
2,900
625
14,225 2,563
6,875 1,116
1,750
388
7,397 1,507
19,997 5,082
10,596
8,250 1,147
8,350 2,303
324, 766

2,070
1,116
1,742
699
433
437
3,330
1,160
540
358
1,437
578
259
798
2,200
871
643
459
26,160

66
26
46
23
455
112
59
40
182
62
18
54
114
138
91
2,402

196
101
165
100
99
57
520
77
22
50
72
28
21
86
58
95
100
94
2,714

133

12

217

53
105
203
21
20
11
40
56
33
15
51
28

1,411

218
63
135
38
42
26
306
84
50
8
99
53
3
47
70
104
50
37
2,067

299
243
375
94
139
358
868
272
225

20
129
247
207
173
643

4,094
2,412
7,165
2,444
2,356
2,415
16,849
5,428
2,618
1,164
4,882
2,251
709
2,629
7,835
5,151
2,248
3, 582

7,287 109,144

Ohio?_
352 1,357 22,182
203
35,105
35,315 22, 721
353
122
58,036 13,450
5,998
363
187
210
Cincinnati
4
7,900 5,750
102
12
12
7,900
13,650 2,021
278
1,245
36
3,725
19
3
3
Columbus
7,200
7,200 4,300
727
1,145
57
78
228
4,337
21
11,500 2,078
8
6
Indiana
104
621 10, 793
3,255
210
193
15,055 1,205
16,260 8,954
180
25,214 6,140
188
3
Illinois
775 12,927
4,672
139
326
220
20,730
22,160 10,054
1,430
32,214 6,491
158
363
7,929
562
Chicago, central reserve12 110,279
661 3,333
629 2,915 36,874
110,279 42, 523 152,802 19,562
1,283
95
260
3
Chicago, other reserve. _.
4
33
3
41
1,050
1,050
761
1,811
15
500
50
709
596
22
Peoria.
129
3
3,260
3,260 2,550
41
39
5,810
1,556
20
5,704
276
Michigan 9
119
379 2,171 26,442
50
13,005 13,510
26,515 9,820
36,335 17, 305
217
271
4,078
204
Wisconsin 10
85
84
24,945
35
24,980 12,844
37,824 10,118
67
276 1,363 16,424
233
3,985
278
1
Minnesota
30
16,850 7,120
99
185
197
16,820
23,970 4,979
513 10,531
491
2,345
125
180
33
190
Minneapolis
4
12,200
12,200 7,250
19,450 4,425
146
375
7,819
1,566
82
6
13
70
St.
Paul
6,850
2,000
8,850 4,250
13,100 2,612
381
142
4,872
n
1,995
89
Iowa
8,635 4,364
12,999 3,589
518
185
173
8,575
60
6,637
372
15
600
308
1,050
17
29
Sioux City
1,050
1,650
783
12 Includes 1 bank in reserve city of Buffalo for June 30, 1933; also 3 banks as of Dec. 31,1932.
Includes 2 banks in reserve city of Richmond.
3
Includes 2 banks in each reserve city of Atlanta and Savannah.
4
Includes
1 bank in reserve city of Birmingham.
8
Includes
2 banks in reserve city of El Paso.
6
Includes
2 banks in reserve city of Louisville.
7
Includes 2 banks in reserve city of Cleveland; also 1 in Toledo for Dec. 31, 1932.
s Includes 2 banks in reserve city of Indianapolis for June 30,1933, and 3 banks for Dec. 31,1932.
9
Includes 1 bank in reserve city of Detroit for June 30,1933; also 2 banks in Detroit and 1 in Grand Rapids for Dec. 31,1932.
10
Includes 2 banks in reserve city of Milwaukee.
11
Includes 1 bank in each reserve city of Cedar Rapids and Dubuque; also 2 banks in Des Moines for June 30,1933, and 3 banks for Dec. 31,1932.
NOTE.—The number of banks, capital and surplus shown in this table are for reporting banks on June 30, 1933. The remainingfigures,however, include the returns of 6,016
reporting banks in the 6 months ended Dec. 31,1932. (See semiannual statements in the appendix of this report.)




3

O
O

8

i
IT*

CO

Abstract of reports of earnings and dividends of national banks for the year ended June 30, 1933 {active banks operating on an unrestricted
basis Dec. 31, 1932, and June 30, 1933)—Continued
[In thousands of dollars]
Gross earnings

Capital, par value

Number of
banks Common Preferred

Location

Missouri
Kansas City
St. Joseph . _
St. Louis. _._
Total Middle Western States _ „
North Dakota
South Dakota _
Nebraska
Lincoln
Omaha
Kansas I 2
. _
Topeka
Wichita
Montana 1 3
- .
Wyoming 4 _
Colorado *
Denver.
New Mexico— _ ._
Oklahoma
Oklahoma City
Tulsa
Total Western States
Washington"
Seattle
Oregon 16




.

__

68
6
4
5

5,085
4,300
1,100
15,700

150

1,067

310,209

18,630

67
63
120
3
6
191
3
4
46
25
67
6
23
207
5
4

3,775
3,570
6,140
1,350
5.000
11,472
1,200
2,400
4,055
2,270
4,820
5,300
1,410
10,560
7,200
4,950

840

75,472

60
3
56

7,650
13,000
10,495

Total

5,235
4,300
1,100
15,700

Total
Surplus capital
Interest
and
dissurplus and
Icount
on loans

2,270
2,041
850
3,075

328,839 152,097

7,505
6,341
1,950
18,775

Interest
and divi- Interest
dends on on balbonds,
ances
stocks, with
other
and
banks
other securities

Foreign
department
(exCollec- cept inService
tion
terest
Trust charges Other
charges, foreignon departon de- earncommisin- ment posit ac- ings
sions, fees loans,
counts
vestetc.
ments,
and bank
balances)

1,903
2,137
374
4,248

1,039
1,146
208
2,716

51
195
38
127

63
28
7
115

480,936 102,544

50,254

2,872

4,058

37

14
217
3
100

78
96
21
75

181
148
48
365

3,329
3,968
699
7,783

1,099

5,404

3,242

12,708

182,181

11
11
5
110
30
11
46
17
8
53
237
9
33
49
29

66
54
73
45
157
92
11
44
67
35
66
164
34
104
56
62

197
168
180
50
640
409
31
140
165
63
275
184
91
411
255
479

3,121
2,764
4,036
957
3,670
6,047
771
1,150
3,137
1,845
4,059
4,812
1,264
7,080
3,507
2,823

659

1,130

3,738

51,043

158
147
204

366
67
410

5,322
5,284
7,612

1

1,963
1,930
3,049
550
2,310
4,889
400
1,300
2,762
1,429
3,232
5,000
729
3,851
1,510
2,650

5,738
5,500
9,189
1,900
7,310
16,361
1,600
3,700
6,817
3,699
8,052
10, 300
2,189
14,411
8,710
11,600

1,783
1,449
2,667
531
1,720
3,796
313
374
1,392
1,256
2,154
1,998
734
3,552
1,825
1,486

835
926
945
305
863
1,429
362
446
1,368
424
1,326
2,103
354
2,528
1,215
696

22
23
65
16
65
183
37
64
48
33
136
92
20
196
84
51

205
133
106
5
113
108
6
36
79
26
49
29
22
256
23
20

2

4,000

3,775
3,570
6,140
1,350
5,000
11,472
1,200
2,400
4,055
2,270
4,820
5,300
1,460
10,560
7,200
8,950

4,050

79,522

37,554

117,076

27,030

16,125

1,135

1,216

10

1,828
2,245
3,463

99
140
211

50

150

7,800
13,000
10,495

3,015
3,100
4,857

10,815
16,100
15,352

2,628
2,322
3,004

132
168
158

Total
gross
earnings

2
1
5

12
61
30

99
134
132

California 17
Los Angeles
San Francisco
Idaho
M Utahis
£
Salt Lake City
_o Nevada
o Arizona

126
4
5
24
11
3
6
8

16,467
40,000
75,900
1,435
1,075
1,850
450
1,525

5,000
100
32

A

306

169,847

5,282

4
1

275
3,150

Total Pacific States
Alaska—nonmember
The Territory of Hawaii—nonmember.
Total nonmember banks
Total central reserve cities
Total all other reserve cities
Total country banks, including nonmember banks
Total United States

-

16,467 7,327
40,000 20,800
80,900 46,702
1,535
687
1,107
400
'1,850
730
450
255
1,525
835
175,129 88, 708
275
3,150

182
1,880

3,425

2,062

658
1,418
3,738
76
18
39
73
101

11,472
35,033
56,504
1,055
626
1,339
498
1,004

3,720

2,875

6,964

125, 749

18

19
30

239
1,726

18

49

1,965

3,389
8,384
13, 503
320
131
520
194
379

221
350
297
22
15
51
8
14

199
477
404
18
4
16
10
21

5
75
648

263,837

73, 961

34,356

1,428

1,607

838

457
5,030

111
1,106

81
428

8
33

18
101

1
10

1

5,487

1
6

305
1,813
1,216
8
1
9

3,425
412,958 __________
481,061 38, 000

1,217

509

41

119

11

1

412,958 219,848
519,061 307, 240

632,806 77,975
826,301 177,647

56,452
96,336

704
5,265

4,024
4,054

9,243
2,959

9,241
7,030

569, 393 15, 793

585,186 413, 510

998, 696 218,074

130, 780

4,688

6,021

336

5,190

6,071

18,891 890,051

4,902 1,463, 412 53, 793 1.517,205 940, 598 2,457,803 473,696

283, 568

10,657

14,099

12, 538 21,461

14,006

52,337 882,362

5
22
206
4,674

*23 Includes 2 banks in reserve city of Kansas City.
14 Includes 1 bank in reserve city of Helena.
- 5 Includes 2 banks^n reserve city of Pueblo.
* Includes 1 bank in reserve city of Spokane for June 30,1933, and 2 banks as of Dec. 31,1932.
167 Includes 2 banks in reserve city of Portland as of June 30, 1933, and 4 banks as of Dec. 31,1932.
*8 Includes 1 bank in reserve city of Oakland for June 30,1933, and 2 banks as of Dec. 31,1932.
i Includes 1 bank in reserve city of Ogden.




3

309
863
1,042
23
15
59
8
47

23, 794 6,386
60,800 21,653
127,602 35,656
2,222
588
1,507
442
2,580
645
705
204
2,360
433

1,843 12,808 172,290
6,092 20, 638 320,021

o

<

Abstract of reports of earnings and dividends of national banks for the year ended June 80, 1933—Continued
[In thousands of dollars]
Recoveries, profits on securities,
etc.

Expenses

Interest Interest Interest
disSala- Interest
on de- on other on other and
count Taxes
ries posits
of demand time on
borand
deposdeposother
rowed
wages banks
its
its money

Location

Maine
New Hampshire
Vermont
_
Massachusetts
Boston
Rhode Island
Connecticut

Withdrawals
from reserves for
Other Total
expenses Grand
curexof
extotal
penses rent
penses previous
periods
accrued
and
unpaid 10

Net
earnings

On
bonds,
stocks,
All
On
and
other
loans other
securities

Total

Total
net
earnings,
recoveries,
etc.

__.

806
852
535
4,226
6,836
429
3,087

60
39
12
152
670
19
139

160
176
29
891
1,914
121
746

2,189
706
974
5,457
3,832
536
2,980

77
79
78
297
103
11
133

159
186
195
660
692
105
636

445
465
283
2,625
4,147
301
1,548

3,896
2,503
2,106
14,308
18,194
1,522
9,269

204
64
82
736
2,545
101
952

4,100
2,567
2,188
15,044
20, 739
1,623
10, 221

756
819
510
3,862
9,898
579
2,304

10
56
46
284
380
42
112

285
148
119
979
3,725
127
505

56
42
4
475
243
12
34

351
246
169
1,738
4,348
181
651

1,107
1,065
679
5,600
14,246
760
2,955

Total New England States.
New York
_
Brooklyn and Bronx
New York City
New Jersey
Pennsylvania
Philadelphia
Pittsburgh
Delaware._
Maryland
Baltimore
Washington, D.C
Total Eastern States

16, 771

1,091

4,037

16, 674

778

2,633

9,814

51,798

4,684

56, 482

18, 728

930

5,888

866

7,684

26,412

9,791
448
32,007
7,291
12,162
4,968
2,513
189
767
659
1,524

362
4
4,593
110
164
1,033
1,324
4

16,566
213
6,590
10,912
21, 679
2,520
2,666
273
1,898
657
1,557

1,336
57
502
1,250
1,835
438
68
34
98
2
100

1,226
36
3,556
1,642
2,247
879
718
32
209
251
446

5,668
347
20,108
4,305
5,950
3,291
1,458
94
333
429
683

37, 224
1,166
74,720
26,773
46,103
15, 501
11,346
664
3,374
2,468
4,623

1,069
2
4,239
953
1,705
1,292
972
17
38
432
325

38,293
1,168
78, 959
27, 726
47,808
16, 793
12,318
681
3,412
2,900
4,948

9,530
238
56. 457
6,582'
14, 535
6,638
4,786
319
809
1,398
772

977
156
456
305
256
48
2
24
9
32

2,664
65
17,930
1,557
1,731
708
1,768
17
194
1,892
326

1,712
4
386
196
563
548
178

194
79

2,275
61
7,364
1,263
2,066
2,372
2,599
38
62
276
234

26

5,353
225
24,117
2,209
2,599
1,512
1,994
19
925
1,901
384

14,883
463
80,574
8,791
17,134
8,150
6,780
338
1,734
3,299
1,156

72, 319

7,874

18, 610

65,531

5,720

11,242

11,044 235, 006 102,064

8,066

28,852

4,320

41,238

143,302

2,873
1,262
498
163
412
2,171

201
70
9
5
27
244

519
257
52
13
47
432

3,824
•1,638
552
107
357
1,862

261
270
133
19
138
142

621
368
129
29
141

2,805
1,201
199
39
8
1,760

168
116
64

433
107
60
2
57
374

112
113
18

713
336
142
2
153
524

3,518
1,537
341
41
161
2,284

Virginia
West Virginia
North Carolina.-Charlotte.-.
South Carolina
Georgia




7

739

42, 666 223,962
1,491
734
287
96
295
1,734

9,790
4,599
1,660
432
1,417
7,324

678
279
124
101
192
304

10,468
4,878
1,784
533
1,609
7,628

5,801

62

88

707

34
62

Florida
Jacksonville
Alabama
Mississippi
Louisiana _
New Orleans
Texas
-- Dallas
Fort Worth .
Galveston
.
Houston
San Antonio
Waco
Arkansas .
Kentucky _
Tennessee
Memphis
Nashville

--- __

.
_

Ohio _-Cincinnati
Columbus
___
Indiana
Illinois
Chicago central Reserve
Chicago, other Reserve
Peoria
Michigan
Wisconsin
Minnesota
_
Minneapolis
St. Paul
Iowa
Sioux City
Missouri
_
_
Kansas City
St. Joseph
St. Louis

- --

-

Total Middle Western States

-

_.

24
79
77
11
54
154
185
184
93
67
170
45
10
59
145
147
83
97

286
151
365
62
120
195
1,082
421
240
35
300
86
55
71
324
158
69
78

787
528
1,444
720
456
327
1,670
587
339
294
807
319
174
688
1,894
1,364
504
503

38
1
272
133
126
1
371
21
7
24
11
59
180
461
397

161
55
259
323
188
168
1,318
515
185
70
409
261
61
148
529
296
173
238

758
440
1,098
359
331
333
2,677
512
497
92
699
511
• 87
417
817
639
315
386
15, 605

2,240

5,418

21, 745

3,065

7,384

5,122
723
838
2,727
3,774
9,312
181
389
5,028
4,064
2,629
2,041
1,041
1,701
244
896
1,070
255
1,870

201
139
209
246
99
1,060

6,019
584
508
2,608
3,235
3,328
105
439
7,080
3,987
3,362
1,315
1,087
1,684
136
763
323
165
1,373

506
29
9
230
291
63
33

26
260
265
90
442
116
96
34
33
339
63
226

1,484
329
436
676
372
2,715
7
44
1,569
745
321
358
293
383
31
165
431
17
472

13

1,541
206
190
921
805
5,265
27
112
1,181
500
714
396
245
257
38
179
221
37
446

43,905

3,944

10,848

38,101

2,126

13, 281

847
804
1,183
304
1,001
1,934
222
316

11
20
26
63
121
106
48
85

81
130
110
52
126
332
70
56

829
566
978
100
462
1,179
118
178

77
152
102
2
40
86

127
72
146
36
197
360
24
66

26,901

Total Southern States

North Dakota
South Dakota
Nebraska
Lincoln
Omaha
Kansas
Topeka
Wichita

1,174
676
1,827
632
592
611
5,342
1,080
648
240
1,184
571
140
648
1,761
1,209
544
643

355
170
111
7
9
161
10
101
28

1

3,305
320
1,326
1,382
1,893
4,761
149
203
3,783
2,675
1,376
1,274
749
1,066
142
496
533
138
928

3,228
1,930
5,342
2,240
1,867
1,789
12, 645
3,320
2,009
822
3,569
1,804
527
2,090
5,650
4,274
1,688
2,342

24
101
337
35
189
307
283
331
190
110
264
112
5
53
184
321

842
381
1,486
169
300
319
3,921
1,777
419
232
1,049
335
177
486
2,001
556
560
1,012

47
49
110
31
29
6
881
131
130
34
192
57
9
62
118
37
80
86

369
196
182
101
8
107
271
187
102
103
246
138
17
47
457
117
85
80

32
2
25
140
17
1
237
11
10
12
9
18

228

3,252
2,031
5,679
2,275
2,056
2,096
12, 928
3,651
2,199
932
3,833
1,916
532
2,143
5,834
4,595
1,688
2,570

82, 358

4,752

87,110

22, 034

2,587

18,178
2,330
3,516
8,790
10,469
26,504
502
1,213
19,256
12,406
8,603
5,833
3,540
5,348
635
2,633
2,945
675
5,328

436
15
230
496
318
143
37
33
151
1,258
172
122
63
70

18,614
2,345
3,746
9,286
10,787
26,647
539
1,246
19,407
13,664
8,775
5,955
3,603
5,418
635
2,698
2,995
704
5,768

3,568
1,380
591
1,507
2,140
10,227
2139
310
7,035
2,760
1,756
1,864
1,269
1,219
148
631
973
215
2,015

194
28
43
144
173
597
3
3
547
239
92
146
65
108
4
33
69
28
271

4,128 142,832

39,349

2,543
2,232
3,083
718
3,037
4,955
614
1,075

578
532
953
239
633
1,092
157
75

26,499 138, 704
565
459
513
161
926
939
129
224

2,537
2,203
3,058
718
2,873
4,936
611
926

65
50
29
440

6
29
25
164
19
3
149

17
25
18
16
21

448
247
317
272
54
114
1,389
329
242
149
447
213
26
126
600
172
181
187

1,29C
628
1,803
441
354
433
5,310
2,106
661
381
1,496
548
203
612
2,601
728
741
1,199

3,846

950

7,383

29,417

511
182
163
584
544
93
8
26
931
641
275
749
446
239
59
80
70
7
351

231
10
33
334
166
31
430
65
219
206
46
263
43
44
15
4
68

936
220
239
1,062
883
721
11
29
1,908
945
586
1,101
557
610
106
157
154
39
690

4,504
1,600
830
2,569
3,023
10,948
2128
339
8,943
3,705
2,342
2,965
1,826
1,829
254
788
1,127
34
2,705

2,787

5,959

2,208

10,954

50,303

44
68
105
11
80
263
10
16

84
55
101
119
429
97
15
102

91
31
34
1
27
73

219
154
240
131
536
433
25
159

797
686
1,193
370
1,169
1,525
182
234

s For classification of amounts see abstract of earnings and dividends for 6 months ended Dec. 31,1932, published in appendix of this report.




41

« Deficit.

Abstract of reports of earnings and dividends of national banks for the year ended June 80, 1933—Continued
[In thousands of dollars]
Recoveries, profits on securities,
etc.

Expenses

Interest Interest Interest
Sala- Interest
dison de- on other on other and
ries posits
count Taxes
time on
of
demand
and
borother depos- depos- rowed
wages banks
its
its
money

Location

Montana
Wvoming
Colorado
Denver
New Mexico
Oklahoma
Oklahoma City
Tulsa

.

Total Western States
Washington, _
Seattle
Oregon
California
Los Angeles
San Francisco

Idaho

Utah
Salt Lake City
Nevada
Arizona
Total Pacific States




_.

817
464
1,116
1,318
370
2,101
641
807
14, 245

Withdrawals
from reserves for
Other Total
Grand
cur- expenses
of
extotal
expenses rent
penses previous
periods
accrued
and
unpaid

Net
earnings

On
loans

On
bonds,
stocks,
and
other
securities

other

All

Total

Total
net
earnings,
recoveries,
etc.

78
134
84

132
88
136
314
70
618
311
345

777
434
940
1,094
200
1,257
655
361

42
42
109
20
38
74
16
50

215
96
405
342
107
191
98
93

502
210
522
674
210
1,071
574
735

2,505
1,355
3,288
3,930
1,002
5,390
2,429
2,475

2
13
76
358
15
107
82
184

2,507
1, 368
3,364
4,288
1,017
5,497
2,511
2,659

630
477
695
524
247
1,583
996
164

240
76
320
69
70
380
23
29

98
47
312
139
18
125
175
46

10
5
22
21
10
48
15
9

348
128
654
229
98
553
213
84

978
605
1,349
753
345
2,136
1,209
248

1,052

2,971

10,128

851

2,575

8,414

40, 236

1,232

41,468

9,575

1,804

1,962

438

4,204

13, 779

1,319
1,055
2,140
2,957
10, 369
17,337
215
149
309
233
233

204
17
97
368
9
3,853
25
24
12
12
16

120
89
232
343
692
2,109
45
19
17
26
168

839
632
993
1,798
4,695
7,742
161
• 87
237
61
227

4,167
3,458
5,975
9,252
24,993
47, 564
814
485
1,007
455
1,017

120
146
155
60
767
1,012
1
19
53
4
46

4,287
3,604
6,130
9,312
25, 760
48, 576
815
504
1,060
459
1,063

1,035
1,680
1,482
2,160
9,273
7,928
240
122
279
39
2159

79
26
165
157
91
352
25
4
7
2
14

107
833
417
270
1,673
1,428
29
14
64
9
133

44
22
174
102
29
679
14

54

230
881
756
529
1,793
2,459
68
25
71
11
201

1,265
2,561
2,238
2,689
11,066
10, 387
308
147
350
50
142

36, 316

4,637

3,860

17, 472

99,187

2,383 101, 570

24,179

922

4,977

1,125

7,024

31, 203

20
21
60
168

7

1,444
1,264
2,035
3 204
7,843
12,918
296
148
285
118
331

35
214
202
132
258
1,359
11
29
67
4

206
187
276
450
1,127
2, 246
61
29
80
5
,38

29,886

2,311

4,705

7

Alaska—nonmember
The Territory of Hawaii—nonmember
Total nonmember banks
Total central reserve cities
Total all other reserve cities
Total country banks, including nonmember banks
Total United States.

65
421

9

7
119

53
539

4

9
36

34
210

172
1,334

244

1,506

486

9

126

592

4

45

41,319
71,548

5,653
10,089

10,079
20,185

9,918
66,488

565
5,801

8,821
13,391

24,869 101, 224
45,550 233,052
50,295 303,475

91, 646

2,779

16,451 112,681

10, 815

18,808

204, 513

18,521

46,715 189,087

17,181

41,020 120,714 637, 751

36

172
1,370

36

67
356

21
12

2
29

7
1

30
42

97
398

1,542

423

33

31

8

72

495

4,382 105,606
12,873 245,925

66,684
74,096

6,398
4,172

18,023
19,947

417
3,131

24,838
27,250

91,522
101,346

11,004 314,479

75,572

6,559

13,545

6,367

26,471

102,043

28, 259 666,010 216,352

17,129

51,515

9,915

78, 559

294,911

21 Deficit.




d

o

l
3
tel

Abstract of reports of earnings and dividends of national banks for the year ended June 30, 1933—Continued
[In thousands of dollars]
Losses and depreciation

Location

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

_

Total New England States.
New York
Brooklyn and Bronx
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
,




On
On
bonds, banking
house,
stocks,
On loans and other furnisecuri- ture and
fixtures
ties

800
893
435
7,088
12,213
470
4,644

2,464
1,033
727
6,417
6/212
547
1,978

26, 543

19,378

10,645
533
37, 216
7,785
10,309
11,866
1,939
113
1,294
590
741

92
22
28
491
422
5
218

Other
and
depreciation

Total
current
period

Ratios
Withdrawals
from reserves for
depreciation of
previous
periods
on real
estate w

3,449

Grand
total

Net addition to
profits

Dividends

212,342
21917
21548
21 9,284
21 5,348
21302
214,442

219
344
411
1,434
5,621
392

Dividends to
Dividends to common
common capital
capital 2° and surplus 2°

Percent
4.98
6.71
3.37
5.04
7.81
8.67
6.95

Percent
2.59
3.65
2.33
2.95
4.90
3.88
3.88

Net addition to
profits to
common
capital 20

Net addition to
profits to
common
capital
and surplus 2°

Percent

Percent

2i 53. 23
21 17.88
21 13.09
21 32. 66
2i 7.43
21 6. 68
21 22.32

21 27. 73
21
9. 74
2i 9.05
2i 19.11
21 4.66
21 2.99
2112. 45

37
405
637
35
344

1,227
14,401
19,484
1,057
7,184

110
5
213

3,449
1,982
1,227
14,884
19,594
1,062
7,397

1.278

1,585

48,784

811

49. 595

21 23,183

9,535

6.8

4.09

21 16. 73

219.95

18,960
241
83,295
10,304
19,637
5,900
3,521
397
3,552
3,198
762

672
53
3,613
546

1,062
13
3,741
929
1,244
771
56
16
162
21
78

31,339
840
127,865
19. 564
32.113
18,641
5,760
534
5,061
3,827
1,629

356

2116.812
21377
21 47,432
21 11,080
21 16,047
21 10,599
1.020
2U96
21 3,376
21538
21693

2,773
15
34, 244
2,334
6,902

4.68
.30
11.31
5.31
8.54
17.13
7.09
10.60
6.47
16.00
12.13

2.59
.23
7.13
3.00
3.65
7.31
3.06
4.10
3.26
8.25
7.00

21 28. 37

10
220

31,695
840
128,006
19,871
33,181
18.749
5,760
534
5,110
3,837
1,849

21 15. 72
21 5. 66
21 9.88
21 14. 25
2
i 8.48
21 13.86
1.99
21 4. 67
21 44. 58
21 4.83
21 5. 75

83,031

149, 767

6,282

247.173

2.259

249,432

2,506
2,160
773
169
661
1,634

2,244
1,425
68
11
544
1,108

154
78
96
14
7
212

5.061
4,251
1,042
208
1,266
3,300

392
40
98
109
9
61

923

104
244
8
53
18

157
588
105
14
54
346

141
307
1,068
108

5.453
4,291
1,140
317
1,275
3,361

11

1,384

5.590
1. 574
172
247
920

21 7. 58

21
21
21
21

15. 67
25.19
19. 87
32. 49
4.59
21 12. 08

21 88. 42
21

9. 36
21 9. 97

106,130

55,614

9.85

5.43

2118.80

21 10. 37

211,935
21 2,754

1,665
324
140
100
63

6.49
3.10
3-87
7.69
3.65
5.94

4.16
1.98
2.42
3.85
2.01
3.51

217.54
21 26.37
21 22.10
21
21.23
« 64.58
21 6.22

21 4. 84
2116.85
2113.81
21 10.62
2135.53
213.68

21276
211,114
3U.077

1,028

Florida
Jacksonville
Alabama
Mississippi
Louisiana
New Orleans
Texas
Dallas Fort Worth
Oalveston
Houston.
San Antonio
Waco
Arkansas
_ _ __
Kentucky
Tennessee
Memphis
Nashville

_

___

..

Total Southern States
Ohio
Cincinnati
Columbus _
_Indiana
Illinois
Chicago, central reserve
Chicago, other reserve
Peoria
Michigan
Wisconsin. _ _ _
Minnesota
M inneapolis
St Paul
Iowa
Sioux City
Missouri
Kansas City
St. Joseph
St. Louis

_ __

Total Middle Western States
North Dakota South Dakota .
Nebraska
Lincoln
Omaha

_
-

ifi
30

864
204
3, 255
676
211
256
7,749
2,576
2S 330
231
1,293
619
158
649
2,336
1,263
486
2,626

1,355
729
813
371
156
35
940
475
136
232
285
105
58
327
1,360
320
439
540

35,385

14,076

74
77
42
35
106

12
71
36
23
56

200
27
191
151
36
5
679
42
164
6
168
102
8
82
307
69
320
142

2,493
1,037
4,301
1 233
509
296
9,552
3,098
2,632
509
1,910
911
224
1,070
4,074
1,688
1,268
3,364

1,873

3,963

484
5
2
40
164
85

176
225
667
39
96
336
857
1,290
108
34
427
141
10
88
992
318
260
396

2.00
3.75
5.03
1 04
2.27
6.46
2.52
10.62
2.37
1.58
4.69
2.85
.74
1.86
9.41
4.50
4.73
10.15

1.49
2.95
2.92
69
1.62
4.29
1.66
8.43
1.74
1.17
3.00
2.05
.57
1.19
4.99
3.00
3.15
9.10

21 10. 29
21 5.75
21 10.95
21 13 92
21 4.04
1.75
21 8.31
21 6. 54
21 31.85
21 5. 38
21 2. 91
215.28
21 1. 20
21 6.19
21 8.14
21 9.13
21 6. 39
21 50.44

55, 297

1,109

56, 406

9,780

4.86

3.17

21 13. 41

21 8. 76

10,064
1,315
1,759
7,249
10,828
15,624
179
755
10,121
10, 769
5,683
2,469
2,902
3,186
1,211
1,515
1,189
63
4,796

250

10,314
1,315
1,764
7,360
11,030
15,624
184
755
10, 541
11,061
5,694
2,469
2,902
3,215
1,211
1,515
1,217
63
4,796

2i 5,810
285
21934
21 4, 791
21 8,007
21 4,676
21212
21416
21 1,598
21 7,356
2i 3, 352
496
2i 1,076
2i 1, 386
21957
21 727
2190
2129
21 2,091

901
760
480
588
368
2,725
4
77
1,381
1,206
340
832
607
95
43
134
402
30
645

2.57
9.62
6.67
3.91
1.78
2.47
.38
2.36
10.62
4.83
2.02
6.82
8.86
1.11
4.10
2.64
9.35
2.73
4.11

1.56
5.57
4.17
2.45
1.20
1.78
.22
1.33
6.05
3.19
1.42
4.28
5.47
.73
2.61
1.82
6.34
1.54
3.44

21 16. 55
3.61
21 12.97
21 31. 82
21 38. 63
21 4. 24
21 20.19
21 12. 76
21 12. 29
21 29.49
21 19. 93
4.07
21 15. 71
21 16.16
21 91.14
21 14.30
21 2.09
21 2. 64
21 13.32

21 10.05
2.09
21 8.12
21 19.96
21 26. 01
21 3.06
21 11. 71
21 7.16
21 7.00
21 19. 47
21 14. 00
2.55
21 9. 69
21 10. 71
21 58.00
21 9.88
» 1. 42
21 1.49

1,353

93,030

21 42, 727

11,618

3.75

2.51

*i 13. 77

21 9. 24

2
8
45

1,917
1,879
1,754
383
1,817

2i 1,120
21 1,193
21 561
21 13
21648

23
46
168
70
214

.61
1.29
2.74
5.19
4.28

.40
.84
1.83
3.68
2.93

21 29.67
21 33.42
21 9.14
21.96
2112.96

21 19. 52
21 21. 69
21 6.11

3,704
197
284
3,055
5,226
5,817
46
508
5 066
3,365
3,324
664
1,214
1,469
601
881
209
13
1,755

320
7
101
111
236
694
20
30
608
265
111
15
27
65
81
21
26
2
79

46,995

37,398

2,819

4,465

91,677

1,029
895
1,052
158
1,220

755
698
519
156
539

57
61
27
17
37

76
223
148

1,917
1,877
1,746
338
1,817

84
47
9
4
28

144

7

5
111
202
5
420
292
11
29
28

2i 26,989

For classification of amounts see abstract of earnings and dividends for 6 months ended Dec. 31,1932, published in appendix of this report.
Capital and surplus as of June 30, 1933.
21 Deficit.




2113.80
21 7.30
21 18.91
21 21 20
21 5. 66
2.63
21 12. 62
21 8. 24
21 43. 41
21 7. 26
21 4. 55
21 7.33
21 1. 56
21 9. 70
21 15. 33
21 13. 68
21 9. 58
21 56. 26

29

548
14
71
293
719
41
3
33
1,003
350
212
17
351
257
57
127
67
1
301

21

211,214
21438
21 2,506
21 792
21239
137
21 4,289
21 1, 001
21 1,975
2U56
21414
21363
21 21
21458
21 1,617
21967
21527
21 2,194

2,540
1,066
4,309
1 233
593
296
9,599
3,107
2,636
537
1,910
911
224
1,070
4,218
1,695
1,268
3,393

5,492
1,097
1,303
3,790
4,647
9,072
110
184
3,444
6,789
2 036
1,773
1,310
1,395
472
486
887
47
2,661

7

11
29
8

«.68
218.86

Abstract of reports of earnings and dividends of national banks for the year ended June SO, 1933—Continued

4

[In thousands of dollars]
Ratios

Losses and depreciation

On
bonds,
On loans stocks,
and other
securities

Location

Kansas
Topeka.
Wichita
Montana
Wyoming
Colorado...
Denver
New Mexico
Oklahoma
Oklahoma City
Tulsa

_

Total Western States
Washington
Seattle
Oregon
California
Los Angeles
San Francisco
Idaho
.
Utah
Salt Lake City
Nevada...
. .
Arizona.-

„

.

. _
__
_ ...

Total Pacific States




._.

On bank- Other
ing house, losses
and
furniture
depreand
ciation
fixtures

Total
current
period

Withdrawals
from reserves for
depreciation of
previous
periods
on real
estate

Grand
total

Net addition to
profits

Dividends

139
96
110
93
106
153
336
7
236
334

B

Net adDiviNet ad- dition to
dends to dition
Divito
profits
to
dends to common profits to
common capital common common
capital
capital and sur- capital and surplus
plus

Percent
1.21
8.00
4.58
2 29
4.67
3.17
6.34
.50
2.23
4.64

Percent
.85
6.00
2.97
1.36
2.87
1.90
3.26
.33
1.64

Percent

Percent

1,588
105
156
1,048
530
1,279
750
404
1,718
900
664

577
47
75
785
172
710
462
42
521
211
105

38
10
34
43
24
93
60
32
156
41
40

148
3
21
89
15
99
78
46
176
26
59

2,351
165
286
1 965
741
2,181
1,350
524
2,571
1,178
868

13,496

6,374

770

1,235

21,875

108

21, 983

21 8,204

2,131

2.82

1.89

21 10.87

21 7.26

1,667
836
1,620
2,265
8,478
8,969
1,368
124
117
66
290

1,339
1,249
1,323
2,218
1,852
805
261
20
162
61
187

86
86
126
212
794
1,396
12
3
20
10
114

135
22
97
244
1,072
1,465
262
1
63
38
57

3,227
2,193
3,166
4,939
12,196
12,635
1,903
148
362
175
648

13
83
12
431
3
294

3,240
2,276
3,178
5,370
12,199
12,929
1,903

si 1,975

1.62
5.50
4.78
3.18
13.10
3.82
.70
.37
2.38
3.11
4.59

1.16
4.44
3.27
2.20
8.62
2.37
.47
.27
1.71
1.99
2.97

2125.82

21 18. 52

21 128
21 125
21 506

124
715
502
524
5,241
2,902
10
4
44
14
70

21 8.96
21 16.28
212.83
21 3.35
21 111. 15
21.74
21 6.92
21
27.78
21 33.18

25,800

9,477

2,859

3,456

41, 592

959

42, 551 21 11, 348

10,150

5.98

3.93

21 6.68

20

2,371

2

165
288

9
10

. 21 846

17
2154

1,965

2U45
21842
21597
21 179
21447

750

2,191
1,350
524

12

2,583
1,178

31
21620

868

7
116

155
478
175
648

285
21
21
21
21

21940
2, 681
1,133
2, 542
1, 595

21 7.37

21 5.17

31 2. 25
21 24.34
ai 6.39
21 17.47
21 11.26
21 12.70
21 4.23

21 1.46
21 14.48
21 3.92
2110.46
21 5.80
21 8.37
21 3.10

1.42

1.06

.43

.36

2112.53

21 8.16

2.19

1.77
21 6.12
2i 11.27
31
1.86
212 07
21 75.16
21.54
21 4.96
21 17.73
21 21.44
214.39

Alaska—nonmemberThe Territory of Hawaii—nonmember
Total nonmember banks
Total central reserve cities
. « _ _
Total all other reserve cities
Total country banks, including nonmember banks
_
Total United States
Deficit.




56
114

55
32

6
29

1
5

118
180

170

87

35

6

298

46,288
85,135

89,112
41,171

4,307
5,271

3,782
7,437

142,489
139,014

99,997

106,274

6,338

11,584

224,193

141
1,885
4,573

231,420

236, 557

15,916

22,803

506,696

6,599

118
180

2121

298

197

143,630 2i 52,108
1*0,899 21 39, 553

218

21 7.64

6.92

« 4.60
4.33

8.51

5.33

268

7.82

4.88

36,969
36,863

8.95
7.66

5.84
4.68

21 12. 62
21 8. 22

2i 8. 23
21 5.02

268

5.75

3.59

228, 766 21 126, 723

25,264

4.44

2.57

21 22.26

21 12.89

513,295 2i 218,384

99,096

6.77

4.12

21 14.92

21 9.08

3
o
H
O
O

g
o

3
tel

00
O

Abstract of reports of earnings and dividends of national banks, by Federal Reserve districts, year ended June SO, 1938
[In thousands of dollars]
Grand
District District District District District District District District District District District District Nontotal
no. 12 member
no. 11
no. 9
no. 10
no. 8
no. 3
no. 7
no. 4
no. 6
no. 1
no. 5
no. 2
(303 banks (5 (4,902 1
(487
(432
(668
(530
(280
(423
(241
(396
(290
(566
(281
banks)
banks)
b
a
nks)
banks)
banks)
banks)
banks)
banks)
banks)
banks)
banks)
banks) banks)
banks)
Capital, par value:
Common 2
Preferred 2
Total..
Surplus*

.

_

Total capital and surplus 2
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks,
and other securities
Interest on balances with other banks
Collection charges, commissions, fees, etc.
Foreign department (except interest on
foreign loans, investments, and bank
balances)
.
Trust department
Service charges on deposit accounts
Other earnings
Total
Expenses:
Salaries and wages
Interest on deposits of other banks
Interest on other demand deposits
Interest on other time deposits
_
Interest and discount on borrowed moneyTaxes
Other expenses
_
Total current expenses
.
Withdrawals from reserves for expenses of3
previous periods accrued and unpaid .
Grand total




135,341 402,577
3,554
3,956

107,462
400

97,995
660

57,832
2,079

64,670
14,700

182,359
14,970

47,454
1,365

52,280
2,115

69,792
4,000

72,978
712

169, 247
5,282

3,425

1,463,412
53,793

138,895
91,576

406,533
250,358

107,862
144,941

98,655
89,803

59,911
38,171

79,370
34,872

197,329
84,704

48,819
21,407

54,395
28,089

73,792
33,934

73,690
32,138

174,529
88,543

3,425
2,062

1,517,205
940,598

230,471

656,891 252,803

188,458

98,082

114,242

282,033

70,226

82,484

107,726

105,828

263,072

5,487

2,457,803

38,775

97,337

43,707

36,170

21,951

20,421

59,033

15,073

18,457

24,840

22,924

73,791

1,217

473,696

23,953
832
477

80,356
574
3,288

29,345
791
347

25,482
929
428

10,857
533
466

9,574
797
1,198

24,524
1,395
2,411

9,347
456
535

12,718
622
1,506

14,380
1,288
827

8,391
975
900

34,132
1,424
1,597

509
41
119

283,568
10,657
14,099

1,281
1,733
1,572
4,212

8,626
7,072
2,399
12,670

394
985
448
2,656

186
1,012
600
3,876

19
604
474
2,042

178
623
903
2,998

876
4,030
1,976
8,004

39
260
345
1,270

51
337
684
1,778

8
841
1,073
3,402

37
243
653
2,443

832
3,720
2,861
6,937

11
1
18
49

12, 538
21,461
14,006
52,337

72,835

212,322

78,673

68,683

36,946

36,692

102, 249

27,325

36,153

46,659

36, 566 125, 294

1,965

882,362

16,171
1,068
3,965
15, 922
732
2,493
9,465

48,272
5,078
10, 662
32, 536
2,685
6,071
29,714

15,640
1,137
4,066
20,971
2,415
3,043
8,712

13,641
1,982
5,784
17,043
1,116
3,637
8,522

8,023
573
1,422
10,319
1,000
2,117
4,276

8,947
843
1,738
7,462
1,521
2,237
5,763

24,799
1,975
6,235
19,145
1,034
8,449
14,696

6,659
623
1,161
6,452
458
1,717
3,426

9,121
714
1,414
9,320
503
1,949
5,467

13,067
1,411
3,066
8,474
583
2,414
7,549

9,944
797
2,386
4,695
502
3,062
5,494

29,743
2,311
4,690
36,156
4,628
3,786
17,386

486
9
126
592
4
45
244

204,513
18,521
46,715
189,087
17,181
41,020
120,714

49,816

135,018

55,984

51,725

27,730

28, 511

76,333

20,496

28,488

36, 564

26,880

98,700

1,506

637,751

4,496

6,120

2,606

2,530

2,100

1,675

2,143

906

526

1,272

1,474

2,375

36

28,259

54,312

141,138

58,590

54,255

29,830

30,186

78,476

21,402

29,014

37,836

28,354

101,075

1,542

666,010

•

Net earnings
Recoveries, profits on securities, etc.:
On loans
On bonds, stocks, and other securities
All other
Total
Total net earnings, recoveries, etc.

71,184

20,083

14,428

7,116

6,506

23,773

5,923

7,139

8,823

8,212

24,219

423

216,352

914
5,821
863

7,373
21,964
2,253

425
2,348
1,082

584
3,185
543

417
3,037
1,009

438
1,491
317

1 748
2,745
1,182

568
1,187
244

684
1,844
666

1,536
1,795
324

1,495
1,214
342

914
4,853
1,082

33
31
8

17 129
51,515
9,915

-

Losses and depreciation:
On loans
_
.
On bonds, stocks, and other securities
On banking house, furniture and fixtures.
Other losses and depreciation
Total current period
__
Withdrawals from reserves for depreciation of previous periods on real estate 3_ _
Grand total
Net addition to profits
Dividends
Ratios:
Dividends to common capital2. .percentDividends2 to common capital and
surplus
_
percent..
Net addition
to profits to common
capitala
percent..
Net addition to2 profits to common capital
and surplus
per cent
1
2
3

18,523

4

7,598

31,590

3,855

4,312

4,463

2, 246

5,675

1,999

3,194

3,655

3,051

6,849

72

78,559

26,121

102,774

23,938

18, 740

11, 579

8,752

29,448

7/922

10,333

12,478

11,263

31,068

495

294,911

25,945
18,884
1,262
1,546

55,452
111, 525
4,777
5,541

18,699
22,625
846
1,798

15,954
13,354
1,034
1,306

8,569
11, 721
463
1,166

10,638
5,218
631
1,124

28,114
20, 747
2,042
2,487

6,881
6,897
190
1,151

8,838
9,224
339
1,081

11, 292
4,430
650
922

15,284
2,460
837
1,256

25, 584
9,385
2,810
3,419

170
87
35
6

231,420
236, 557
15,916
22,803

S

47, 637

177,295

43,968

31, 648

21,919

17, 611

53,390

16,119

19,482

17, 294

19,837

41,198

298

506,696

803

706

994

546

924

144

959

194

69

134

167

959

3

44,962
21,024
12, 688

32,194
' 13,454
4,847

22,843
1 1 , 264
4,247

17, 755
'9,003
3,227

54, 349
* 24,901
6,105

15,313
' 7, 391
2,089

19, 551
' 9, 218
2,072

11.81

4.95

7.34

4.99

3.35

4.40

3.96

48,440
22,319
9,347

178,001
75,227
38, 745

4

9.62

6.91

4

5.93

5.03

2.58

4.42

3.24

2.29

3.03

16.49

4

18.69

'19.56

' 13.73

'19.48

'13.92

* 13.65

' 15.58

4

' 11.52

'8.33

'7.16

' 11.73

'9.04

'9.32

' 10.73

4.12
4

4

9.84

17,428
4,950
2,397

4

3.43

4

7.09

4

11.47

4

4.77

42,157
11,089
10,150

298
197
268

6.00

7.82

3.94

2.77
4

Includes nonmember banks in Alaska and the Territory of Hawaii.
Capital and surplus as of June 30,1933.
For classification of amounts see abstract of earnings and dividends for 6 months ended Dec. 31,1932 .published in appendix of this report
* Deficit.




4

3.99

2.31

2.58
17.63

4

20,004
8,741
2,914

4

6,599
4

513, 295
218,384
99 093

O

o

6.77

4.88

4.12

11.98

4

6.55

5.75

'14.92

'8.32

'4.30

3.59

'9.08

o

•==1

3
o

OO

82

REPORT OF THE COMPTROLLER OF THE CURRENCY

National-bank investments in United States Government securities and other bonds
and securities, etc., loans and discounts (including rediscounts)r and losses charged
off on account of bonds and securities owned and loans and discounts, years ended
June 30, 1918 to 1933, inclusive
[In thousands of dollars]

United
States
Government
securities
owned

Year
ended
June
30—

1918
19191920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933-

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
3, 352, 666
4,031, 576

Other
bonds
and securities
owned

Total
bonds
and securities
owned

1,840,487 3,969,770
1,875,609 5,051,923
1,916,890 4,186, 465
2,005, 584 4,025,081
2,277,866 4, 563,325
2,375,857 5,069, 703
2,660, 550 5,142,328
3,193,677 5, 730,444
3,372,985 5,842,253
3,797,040 6, 393, 218
4, 256,281 7,147,448
3,852, 675 6,656,535
4,134, 230 6,888,171
4,418,569 7, 674,837
3,843,986 7.196, 652
3,340,055 7, 371, 631

Loans and
discounts
(including
rediscounts)

10,135, 842
11,010,206
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
10, 281, 676
8,116,972

Losses
charged
off on
bonds
and securities
owned

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
201,848
236,557

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
259,478
231,420

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
.89
1.55
2.80
3.21

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
2.52
2.85

Number of national banks, capital, surplus, net addition to profits, dividends, and
ratios, years ended June 30, 1914 to 1933
[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
1932
1933

Net addition
to
profits

Number of
banks

Common
capital

Surplus

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
6,150
4,902

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
1,568,983
1,463,412

714,117
149,270
726,620
127,095
731, 820 157, 544
765,918
194, 321
816, 801 212, 332
889, 457 240, 366
984,977
282, 083
1, 026,270
216,106
1,049,228
183, 670
1,070, 600
203, 488
1, 080, 578 195, 706
1,118,953
223, 935
1,198,899
249,167
1,256, 945 252, 319
1,419, 695 270,158
1,479, 052
301,804
1, 591, 339 246, 261
1, 493,876
52,541
1,259,425 i 139,780
940,598 i 218, 384

i Deficit.




Dividends

120,947
113, 707
114, 725
125, 538
129, 778
135, 588
147, 793
158,158
165, 884
179,176
163,683
165, 033
173,753
180, 753
205, 358
222, 672
237, 029
211, 301
169,155
99,096

Net addition to
profits
Dividends
Divito
dends to common
To
common capital
common
To
capital
and
common capital
surplus capital
and
surplus
Per cent Per cent Per cent Per cent
11.37
8.39
6.80
14.03
10.63
7.08
6.33
11.89
10.76
8.76
6.38
14.78
11.61
10.52
6.79
17.96
11.82
11.09
6.78
19.33
12.15
12.13
6.83
21.55
12.10
12.78
6.70
23.09
12.42
9.40
6.88
16.97
12.69
7.79
7.04
14.05
13.48
8.48
7.47
15.31
12.27
8.11
6.78
14.67
12.05
9.00
6.63
16.35
12.30
9.54
6.65
17.63
12.26
9.24
6.62
17.12
12.88
8.96
6.81
16.95
13.68
9.72
7.17
18. 55
13.59
7.38
7.11
14.12
12.52
1.65
6.64
3.11
10.78
14.94
5.98 1 18.91
6.77
19 08
4.12
14. 92

REPORT OF THE COMPTROLLER OF THE CURRENCY

83

NATIONAL BANKS 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, 1932, 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.
National banks classified according to capital stock Dec. 81, 1932
[In thousands of dollars]
Bonds
Num- Loans and and
securber of discounts 1
ities
banks
owned
Capital of less than $50,000
Capital of $50,000 but less than
$200,000...
Capital of $200,000 but less than
$500,000
Capital 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 more..
Total United States.

223,623

Total
assets

Surplus
and undivided
profits

Capital

31,925

Total
deposits

170,204

489,106

41,662

1,556,538 1,355,781

3,576,222

264,880

255,327 2, 704,204

765

1,215,347

968,601

2,740,949

194,407

190,356 2,115,307

217

729,027

553,502

1,651,932

121,990

107,387 1,282,041

167

1,608,110 1,388,334

4,205,096

279,995

244,961 3,394,079

27

1,325,685 1,320,820

3,665,478

210,050

249,245 2,978,718

4
4

1,023, 288
439,400
2,166,106 1, 386,794

2,105,373
4,876,818

124, 500
397,000

92,642 1,825,347
271,220 3,854,385

1,562
3,270

6,016

364,026

9,847,724 7,583,436 23, 310,974 1,634,484 1,443,063 18,518,107

i Includes overdrafts.

FEDERAL RESERVE BANKS
Assets and liabilities of the 12 Federal Reserve banks combined, as of the last weekly
statement date in Oct., 1931-33
[In thousands of dollars]
Oct. 28,1931 Oct. 26,1932 Oct. 25,1933

Gold reserves
__.
Other cash 1
Bills discounted
Bills bought in open market...
U.S. Government obligations..
Other bills and securities
Uncollected items
All other assets
Total.

2,738,431
236,160
716, 680
724,680
726,959
29,919
432,579
126,141

2,992,623
322,322
33,695
1,850,949
5,425
332,923
118,198

3,590, 788
238,012
114,593
6,523
2,400,156
1,559
385,196
138,061

5, 731,549

5,940,115

6,874,888

2,383,948

2,688,871

2,960,748
180,363

2,228,875
39,141
192,049
428,863
164,648
274,636
19, 389

2,411,946
28,078
326,987
152,303
259,421
42,540

2, 693,121
27, 758
167,006
385,779
145,527
278,599
35,987

5, 731, 549

5,940,115

6,874,888

LIABIIITIES

Federal Reserve notes in circulation
Federal Reserve bank notes in circulation..
Deposits:
Member bank—reserve account
GovernmentOther
D eferred availability items
Capital paid in
Surplus
All other liabilities
__.
Total.
i Does not include F.R. notes or a bank's own F.R. bank notes.




84

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 month, from January 1931 to October 1983
[In millions of dollars]
Liabilities

Assets

Deposits
Federal
Federal Reserve
Gold
in bankin Memreserves notes
circula- notes
bers'
Total
Total i
tion circulation reserve

Bills and securities
Date

Jan. 28
Feb. 25
Mar. 25
Apr. 29
M a y 27
June 24
July 29
Aug. 26
Sept. 30
Oct. 28
Nov. 25
Dec. 30

United
Bills States
Bills bought
Governdisopen ment
counted in
market securities

1931

Capital
and
surplus

619
678
728
742
727
727
803

945
896
847
924
876
947
935
1,157
1,558
2,198
1,926
2,185

3,092
3,081
3,126
3,175
3,259
3,383
3,444
3,486
3,138
2,738
2,929
2,988

3,478
1,448
1,442
1,528
1,552
1,674
1,736
1,946
2,098
2,384
2,446
2,613

2,425
2,378
2,357
2,408
2,425
2,457
2,415
2,342
2,364
2,229
2,117
2,323

2,484
2,428
2,433
2,463
2,471
2,557
2,555
2,634
2,506
2,460
2,316
2,480

444
444
444
443
443
443
442
442
441
439
438
435

162
133
66
46
38
64
40
34
34
34
35
33

752
741
872
1,191
1,525
1,801
1,841
1,852
1,854
1,851
1,851
1,851

1,788
1,724
1,578
1,774
2,040
2,340
2,412
2,324
2,232
2,212
2,200
2,157

2,987
2,938
3,018
3,015
2,857
2,579
2,621
2,773
2,879
2,993
3,049
3,149

2,627
2,643
2,546
2,527
2,533
2,756
2,834
2,814
2,721
2,689
2,692
2,735

1,945
1,878
1,911
2,114
2,214
2,034
2,072
2,146
2,269
2,412
2,411
2,482

2,099
1,973
2,019
2,234
2,321
2,107
2,165
2,241
2,353
2,470
2,484
2,563

419
417
415
415
414
414
413
413
412
412
411
411

31
180
310
177
20
8
10
7
7
7

1,763
1,834
1,838
1,837
1,890
1,975
2,028
2,129
2,274
2,400

2,064
2,346
2,713
2,405
2,216
2,177
2,200
2,291
2,416
2,523

3,259
3,118
3,237
3,396
3,520
3,544
3,549
3,588
3,592
3,591

2,706
3,000
3,748
3,424
3,203
3,061
3,004
2,974
2,973
2,961

2,513
2,271
1,987
2,136
2,167
2,286
2,306
2,427

2,587
2,399
2,203
2,345
2,394
2,510
2,574
2,697
2,808
2,888

430
429
428
429
429
425
425
425
424
424

215
190
165
155
153
198
183
242
328
717
686
1,024

120
106
83
170
125
106
67
181
469
725
480
327

610
599
599

1932
Jan. 27.._
Feb. 24—.
Mar. 30...
Apr. 27—.
May25...
June 29—.
July 27—.
Aug.31...
Sept. 28._.
Oct. 26....
Nov.30...
Dec. 28—.

838
835
633
532
471
470
525
433
340
322
309
267

1933
Jan. 25
Feb. 21
Mar. 29
Apr. 26
May31-..-_.
June 28
July 26
Aug. 30
Sept. 27
Oct. 25

265
327
559
385
302
191
161
153
133
115

14
37
96
120
123
131
146
180

2,693

1

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.
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,
1933, disclose there w^ re 21 banks comprising the New York Clearing
House Association with capital of $614,185,000.
Clearings amounted to $154,571,822,373, a reduction in the year of
$22,734,473,278, and balances reported aggregating $23,916,139,983
showed a reduction in the year of $4,618,487,518. The average daily
clearings amounted to $510,138,027 and the average daily balances
$78,931,155. The percentage of balances to clearings was 15.47.




REPORT OF THE COMPTROLLER OF THE CURRENCY

85

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, 1933, aggregated $205,519,231,000, a reduction in the year of $33,952,850,000. The ratio of bank
clearings in the 12 Federal Eeserve bank cities was 83.7 percent of the
total clearings of all banks in 232 reporting cities in the United States,
in comparison with a ratio of 82.15 percent reported for these same
cities last year.
Clearings of banks in seven other principal cities, each of which had
clearings in excess of $1,000,000,000, amounted to $16,175,505,000 and
showed a decrease of $5,449,605,000 in clearings reported for the same
cities in the preceding year. The total clearings of the 232 cities
reporting to the New York Clearing House Association in the current
year aggregated $245,546,646,000, as compared with $291,499,537,000
reported by these cities in the preceding year.
Tables showing the following information are published in the
appendix of this report: Statement showing the total of transactions
of the New York Clearing House from 1854 to 1913, and annually
since 1914; comparative statement of transactions of the New York
Clearing House in years ended September 30, 1933 and 1932; exchanges, balances, and percentages of balances to exchanges, etc., by
the New York Clearing House, annually since 1914; comparative
statement of the exchanges of clearing houses of the United States by
cities for years ended September 30, 1933 and 1932; and comparative
statement of transactions of clearing-house associations in the 12
Federal Reserve bank cities and elsewhere in years ended September
30, 1933 and 1932.
ALL REPORTING BANKS IN THE UNITED STATES AND POSSESSIONS

The statement following shows a summary of reports of condition
of all reporting licensed banks in the United States and possessions,
by classes, on June 30, 1933:




Summary of reports of condition of all reporting licensed banks in the United States and possessions, by classes, at the close of business June SO,
1988
[In thousands of dollars]
All
Total all
banks

Number of banks

National
banks

other
than national

Banks other than national, by classes
State
(commercial)

Loan and
trust
companies

Stock
savings

Mutual
savings

s
Private

14,624

4,902

9,722

7,714

1,029

219

576

184

425,559
9, 201,975

262,255
1,064,521

163,304
8,137,454

84,043
631,852

29,338
1,422,736

15,132
372,328

34,386
5,707,767

405
2,771

4,693,481
316,125

2,759,876
203,872

1,933,605
112,253

371,701
11,849

1, 518,371
100,288

7,112
21

35,805

616
95

497,905
7,242,326

230,777
3, 595,671

267,128
3, 646,655

45,575
1,972,842

221,473
1,441, 603

50,349

30
163,060

50
18,801

22,377,371

8,116,972

14,260,399

3,117,862

4, 733,809

444,942

5,941,048

22, 738

10,447

2,800

7,647

2,950

4,572

16

7, 795,999
2,881,139
3, 785, 582
778,724
439,319
2,249,900

4,031,576
1,067,797
1,063,894
194,039
266,044
748,281

3, 764,423
1,813,342
2,721,688
584,685
173,275
1,501, 619

593, 767
259,634
135, 337
43, 557
22, 697
654,590

2,515,599
442,741
439,873
410,157
81,920
536,651

103,244
5,243
10,157
1,794
796
188,113

550,265
1,104,860
2,133,509
127,784
67,382
119,376

1,548
864
2,812
1,393
480
2,889

7,371,631 10,559,032

1,709,582

4,426,941

309,347

4,103,176

9,986

220,451
109,018

362, 557
119, 772

18,689
20, 250

138,252
253,482

1,188
2,937
-

ASSETS

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 U.S. 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:
U.S. Government securities
.
State, county, and municipal bonds "

.

Stock of Federal Reserve bank and other corporations
Foreign government bonds and other foreign securities
Other bonds, notes, warrants, etc
Total
Real estate owned other than banking house




._.

.

- -

a

17,930,663
1,382,831
637,646

641,694
132,187

741,137
505,459

o

3
o
fed

109

cj

Cash in vault:
Gold coin
_.
Gold certificates
All other cash in vault.
Not classified

2,312
1,859
508, 397
159,988

Total.
Reserve with Federal Reserve banks or other reserve agents
Other amounts due from banks
._.
Exchanges for clearing house and other checks on local banks
Outside checks and other cash items.
__
Other assets (including securities borrowed, acceptances of other banks and bills of
exchange or drafts sold with endorsement, and customers' liability on account of
acceptances)
Total assets.

1,034
1,245
286,199

1,278
614
222,198
159,988

904
265
95,008
87,133

284
256
79,453
46,057

2
6
1,043
9,604

87
46,057
16,554

637
640

672,556

288,478

384, 078

183,310

126,050

10,655

62, 781

1,282

2, 761,945
3, 230, 111
1, 033, 635
66,538

1,412,127
1, 935, 922
445,411
37,008

1,349,818
1,294,189
588,224
29,530

458,227
440,261
122,822
15,363

798,999
503,758
463,408
12,606

45, 794
25,305
1,391
777

45,419
319,100
586
654

1,379
5,765
17
130

1,198,165

476,261

721,904

172,296

443,868

1,713

102,645

1,382

51,301,908

20,860,491

30,441,417

6,552,142

11,996,340

878,879

10,967,143

46,913

:

LIABILITIES

Demand deposits (other than bank and United States):
Individual deposits subject to check
Public funds of States, counties, school districts, or other subdivisions or municipalities
Certificates of deposit (other than for money borrowed)
Other demand deposits.
_
_
Total.
Time deposits (including Postal Savings):
Public funds of States, counties, school districts, or other subdivisions or municipalities
Deposits of other banks and trust companies
Deposits the payment of which has been deferred beyond the customary period
by agreement with depositors
Other time deposits:
Deposits evidenced by savings pass books
Certificates of deposit (other than for money borrowed)
Christmas savings and similar accounts
Open accounts
Postal savings deposits.
Total.
United States deposits (exclusive of postal savings)
Due to banks (demand balances)
Certified and cashiers' checks (including dividend checks), and letters of credit and
travelers' checks sold for cash and outstanding..
Deposits not classified
Total deposits..




13,408,593

6,825,317

6,583,276

2,068,836

4,456,226

41,691

2,962

13,561

1, 274,041
185,005
391,126

848,475
75,490
144,845

425, 566
109, 515
246,281

255,437
47,334
52, 607

168,917
57,004
192,334

57
1,377
631

100
70

1,055
3,730
709

15,258,765

7,894,127

7, 364,638

2,424,214

4,874,481

43, 756

3,132

19,055

329,535
65,147

240,913
47,274

88,622
17,873

23,533
1,332

27,984
16,446

36,874
95

213

18

102,846

21,595

81,251

74,525

6,723

17,836,954
1,634,935
73,828
597,052
777,514

4, 281,521
766, 783
34,912
249,206
574, 713

13,555,433
868,152
38,916
347,846
202,801

575,674
11,610
21,370
63,850

1,800,523
263,034
16,809
325,387
131,187

681,115
24,474
688
618
7,740

9,699,119
390
9,783
334
22

6,081
4,580
26
137
2

21,417,811

6,216,917

15,200,894

2,140,489

2,588,093

751,607

9,709,861

10,844

860,399
3,316,210

449,661
1,969,891

410,738
1,346,319

91,299
291,788

311,073
1,052,085

8,366
2,268

653,269
27,016

243,519

409,750
27,016

85,779
5,638

323,601
18,587

212

41,533,470

16,774,115

24,759,355

5,039,207

9,167,920

113

65

126
20

32
2,771

9,713,252

32,787

Summary of reports of condition of all reporting licensed banks in the United States and possessions, by classes, at the close of business June 80y

193S— Continued
[In thousands of dollars]

Total all
banks

National-bank circulation
_
Bills payable and rediscounts
.
Agreements to repurchase U.S. Government or other securities sold
Acceptances executed for customers and to furnish dollar exchange, less own acceptances purchased or discounted
Interest, taxes, and other expenses accrued and unpaid
Other liabilities (including securities borrowed and acceptances of other banks and
bills of exchange or drafts sold with endorsement
*
Capital stock
Surplus
_
.._.
Undivided profits—net
__
_
Reserves for contingencies..
_
Total liabilities




National
banks

All
banks
other
than national

Banks other than national, by-

o
State
(commercial)

Loan and
trust
companies

Stock

Mutual
savings

Private

730,435
503,883
26,799

730,435
117,855
9,223

386,028
17,576

229, 231
12,776

134,296
4,800

441,813
76,300

229,304
41,617

212,509
34,683

24, 620
9,948

187,889
21,055

446

3,158

76

101,388
1,515,647
940,598
235,600
164, 709

502,532
1,383,894
2,430,723
410,646
303,471

165,915
554,517
337,280
90,925
87, 723

307, 975
793,651
1,009,604
168,814
200,336

718
30,863
26,144
5,363
3,724

24, 706

3,218
4,863
3,325

603,92Q_
2,899,541
3, 371,321
646,246
468,180

51, 301,908 120,860,491 30,441,417

6,552,142 11, 996,340

5,412

16,271

1,054,370
144,687
10, 699

878,879 10,967,143

818

857

a
o

3o
IT*

46,913

o

s

The table following shows the approximate population of each State, number of reporting licensed banks, assets
and liabilities, a classification of loans and discounts, investments, cash and demand and time deposits, June 30, 1933:
Assets and liabilities of all reporting licensed hanks in the United States, Alaska, and insular possessions, June 1933 (includes National, State
(commercial) banks, loan and trust companies, savings and private banks)

3

Assets (in thousands of dollars)
Population Num(approxi- ber of
banks
mate)

Location

802,000
469,000
361,000
4, 318,000
702,000
1, 646,000

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New
States

125, 700
119,901
106,983
2,054,306
219,542
707,019

Overdrafts

Investments

20
19
148
11
38

143,390
149,401
63, 241
1,440,981
250,070
394,234

Banking
house,
furniture
and
fixtures

4,337
4,207
3,304
70,942
4,920
33, 369

Real
Exchanges Outside
Reserve
for clearestate
with FedOther
ing house checks
eral Reserve amounts
owned
and
Cash
and
other other
banks
or
other
in vault other Re- due from checks
on cash
than
banks
local
serve
banking
items
banks
agents
house
2,797
3,842
13,842
81,071
1,831
25,690

5,449
2,354
2,186
30,680
8,007
15, 379
64,055

238
195
57
17, 235
1,887
3,964

176
181
171
6,184
100

Other
assets

Total

o
o

7,755
2,872
1,672
148,171
19, 753
35,559

16, 748
11,023
7,113
202,951
13, 238
66,362

760
407
3,508

215, 782

317,435

23,576

7,500

1,000,771
59,502
256,405
8,120
36, 311
16,970

615,614
99,855
267,978
8,715
32,084
25,528

781,650
12,657
42,063
484
4,765
3,954

7,032
2,307
4,789
94
519
553

615,337 18,454,273
39,573 2,013,782
73,810 4,826,865
948
180,545
2,784
591,271
909
257,694

1,378,079 1,049,774

845,573

15, 294

733,361 26,324,430

55,875
9,211
8,227
11,508
43,016
29,795
23,987
20, 389
39,183

1,764
802
2,962
303
2,221
503
422
534
3,174

2,023
191
221
157
695
444
406
130
1,640

307,388
294,403
202,096
4,108, 765
3,608
522,967
3,291 1,285,593

1
o

England

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

81
112
85
397
33
211

Loans and
discounts
(including
rediscounts)

8, 298,000

919

3, 333,451

274

2,441,317

121, 079

129,073

12,965,000
4,193,000
9,787,000
241,000
1,663, 000
495,000

869
398
1,001
47
. 135
20

8,171,381
924,850
1,802,392
77,234
195,684
89,030

2,222
85
268
9
30
27

6,555,633
729, 878
2,076,984
76,531
294,046
90,000

425, 289
75,713
159,565
4,502
13,059
15,821

153,103
41,438
89,035
2,150
4,721
4,924

29,344,000

2,470 11,260, 571

2,641

9,823,072

693,949

295,371 226,745

254,692
136,796
102,313
22,159
148,345
43,322
98,250
60,649
127,304

58
46
23
49
132
11
117
796
188

111, 772
53,100
53,540
18,453
86,121
117,864
57,299

15,744
10,933
9,826
1,745
15,763
8,960
7,350
4,316
11,005

_._




2,441,000
1,774,000
3, 275,000
1, 748,000
2, 911,000
1,554,000
2, 697,000
2,047,000
2,153,000

327
168
163
104
292
143
203
212
139

69,492

7,525
5,945
3,779
1,711
8,578
2,763
6,657
2,481
3,411

9,141
6,378
6,273
2,538
6,032
6,766
5,099
4,341
5,673

13,936
20,984
39,436
3,177
26,129
8,765
8,575
3,703
19,608

67,670 6, 721,212

6,173
1,477
2,381
2,620
1,903
2,567
3,106
2,369
2,521

478,703
245,863
228,981
64,420
338,935
221,760
211,268
138,311
283,199

o

3
o
4
00
so

Assets and liabilities of all reporting licensed banks in the United States, Alaska, and insular possessions, June 1988 (includes National, State
(commercial) banks, loan and trust companies, savings and private banks)—Continued
Assets (in thousands of dollars)
Population Num- Loans and
(approxi- ber of discounts
mate)
banks (including Overdrafts
rediscounts)

Location

Texas
Arkansas
Kentucky..
._
_
Tennessee
Total Southern StatesOhio .
Indiana __ _
Illinois.
Michigan
Wisconsin
Minnesota. _ .
Iowa
Missouri
Total Middle Western
States

Investments

Real
Reserve
Banking estate
with Fedhouse,
owned
eral Reserve
Cash
furniture
other in vault banks or
and
than
other Reserve
fixtures banking
house
agents

Other
amounts
due from
banks

Exchanges
for clearing house
and other
checks on
local
banks

Outside
checks
and
other
cash
items

Other
assets

Total
assets

6,023,000
1,872,000
2,648,000
2,664,000

957
194
422
332

392,911
45,517
206,786
171,018

594
85
169
298

259,101
33,307
100,182
67,163

42,412
3,097
9,964
13,115

13,630
2,081
5,229
6,048

22,321
2,771
7,389
6,567

80,046
20,029
8,187
13,778

133,538
7,758
40,059
52,661

6,695
290
2,840
1,940

1,775
233
403
1,662

6,455
1,602
11,080
15,336

959,478
116,770
392,288
349,586

33,807,000

3,656

1,810,062

2,566

1,065,997

154,230

69,838

91,289

266, 353

475,207

24,450

9,980

59,590

4,029,562

6,798,000
3,291,000
7,826,000
5,043,000
2,992,000
2,594,000
2, 482,000
3, 668,000

619
492
845
295
401
668
438
646

804,547
220,875
1,008,260
315,303
268,557
302,988
139,615
360, 532

132
62
318
86
74
117
55
200

471,391
146,194
824,307
205,849
164,622
281,038
96,309
370,600

62, 578
21,696
55,343
24,511
19,745
19, 585
9,449
20, 633

23,939
7,787
15,525
10,606
3,930
3,663
2,237
11,786

36,902
18,885
54,870
17,745
12,498
16, 212
9,957
17, 372

118,654
13,886
260, 546
49, 617
58,536
28,739
10,131
28, 681

84,116
75,218
323,497
35, 518
39,293
118,031
57,412
182, 729

5,213
1,452
35,429
8,408
2,501
7,188
1,718
4,307

1,791
462
4,221
2,211
1,108
1,876
1,111
1,032

26,459
120,255
59,951
19,885
5,622
11,399
1,641
13,432

1,635,722
626,772
2,652,267
689,739
576,486
790,836
329,635
1,011,304

34, 694,000

4,404

3,420,677

1,044

2, 570,310

233, 540

79,473

184,441

568,790

915,814

66,216

13,812

258,644

8,312,761

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

687,000
702,000
1,392, 000
1,900,000
i 537, 606
231,000
1,052,000
434,000
2,459,000

193
212
384
773
124
64
149
42
404

29,523
32, 632
90,537
133,379
31,029
21,792
67,963
9,199
108,717

24
31
66
152
28
41
90
14
82

20,933
29,293
75,870
99,580
45, 609
13,315
99,523
9,589
119,907

2,913
3,337
8,323
12,608
3,880
1,559
5,741
767
11,679

915
760
1,477
4,094
753
378
1,428
381
1,362

1,401
1,468
4,377
6,219
2,904
1,710
8,613
1,017
5,790

2,156
2,456
13, 272
12,081
13,913
2,986
15,354
1,588
20,145

9,293
12,302
39,140
68,108
9,956
7,733
38,804
3,370
48,453

261
327
1,838
1,553
259
114
1,731
24
2,058

183
152
584
384
153
74
893
78
891

782
649
1,203
3,053
824
193
1,396
210
2,111

68,384
83,407
236,687
341,211
109,308
49,895
241,536
26,237
321,195

9,394,606

2,345

524,771

528

513,619

50,807

11,548

33,499

83,951

237,159

8,165

3,392

10,421

1,477,860

Washington..
Oregon
California

1,599,000
983,000
6,062,000

183
108
295

132,810
52, 211
1,582,869

55
41
804

143, 282
102,793
1,123,716

9,496
6,569
100,685

1,556
1,000
42,095

6,413
4,447
32, 258

25,659
13,804
194,009

29,024
22,577
122, 719

3,130
1,720
57,430

776
484
13,617

4,621
1,969
37,349

356,822
207,615
3,307,551

-

_ _




CD
O

Idaho
Utah
Nevada
Arizona
___
Total Pacific States
Alaska
The Territory of Hawaii
Puerto Rico
Philippines
_
Total possessions.
Total "United States
and possessions _

447,000
518,000
93,000
453,000

86
69
11
19

15,450
59,958
3,974
15,418

28
76
8
9

20,753
42,177
5,909
22,061

1,909
2,311
448
1,936

468
1,375
52
1,418

2,124
1,255
492
1,911

1,612
4,955
1,160
5,714

9,977
14,737
2,114
3,230

44
1,471

10,155,000

771

1,862,690

1,021

1,460,691

123,354

47,964

48,900

246,913

204,378

60, 600
404,000
1, 621,300
12, 758,400

15
19
14
11

3,973
55,641
35,434
70,101

9
2,280
84

4,865
28,903
1,886
20,003

284
2,678
858
2,052

106
1,334
762
2,177

992
4,919
4,828
12,888

77

14, 844,300

59

165,149

2,373

55, 657

5,872

4,379

23,627

140, 536, 908

14, 624

22,377,371

10,447

17,930, 663

1,382,831

637, 646

672,556

» Population Apr. 1, 1930.




280

185
478
30
28

296
671
35
344

52,846
129,464
14,226
52,349

64,079

15,598

45, 285

4,120,873

19
658
485
414

55
8
824
75

38
2,013
7,914
13,229

11,995

S

2,000

1,654
11, 878
3,058
13, 754

110,389
56,133
136,693

^
o
KJ

2,077

30,344

1,576

962

23,194

315,210

^
O

2, 761,945 3, 230, 111

1, 033, 635

66,538 1,198,165 51,301,908

*

Is

g
3
C

^
a
H
a

Assets and liabilities of all reporting licensed hanks in the United States, Alaska, and insular possessions, June 1933 {includes National, State
{commercial) banks, loan and trust companies, savings and private banks)—Continued
Liabilities (in thousands of dollars)

Location

Demand
deposits

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
Arkansas

Time
deposits United
(includDue to
ing
debanks
posits
postal

503
381
320
12,185
1,198
3,664

3,175
4,769
3,439 8,548
467 20,188 17,190
664
4,032
10,761 11,421

1,152, 360 4, 300,453 70,305 223,043

18, 251

467 46,364 47,581




5,220

27,473
2,072

5,220

29,545

5, 604, 351 7, 056, 277 370,5711,, 472,150 483,899 16, 510 86,444 74, 211
487, 785 1, 087, 525 23,156 28,672
7,259 1,469 27, 357 35,146
18,468
95, 622
1, 299, 775 1, 951, 467 88,813 312,908
245
2,341
1,127
62, 626
62, 350 4,702
12,915
1,370
8,018 3,507
140, 291 312, 022
33,605
1,627
230
109, 587
4,413
83, 737 2,360 15,572

4,034 365, 347
413
4,179
10,012

512,868 17,979 222,981 183, 554

8,309 375,884

130,311
76,311

_
__.

Agree- Accept- Interest,
NaBills ments
ances taxes, and
ReDe- tional
Undi- serves
to
exeOther
other
bank payable
vided for conletters posits
repur- cuted
and
not
expenses liabili- Capital
Surplus profits,
cirstock
i
of credit classichase
redis- securifor
tingenaccrued
ties
cula- counts
net
and
cuscies
and
tion
travelers' fied
ties
tomers
unpaid
checks
sold
outstanding

4,296
598
36,513 217,827
5,264
514
27,861 214,859
1,132
108
15,160
150,024
773, 691 2, 520,004 60,766 184,206
7,576
90,708 344,124 1,962
208,427 853,615 6,357 20,569

7,704,415 10,553,378 500,5171,865,248
_.

Certified
and
cashiers'
checks.

28,461
107,586
89,535
66,963
53, 031
98,442
449,028
44,435

200, 023
530
101,070
56,473 2,621
19, 355
723
104, 262 8,154
69, 085 6,348
64, 055 8,315
48,658
753
91, 278 11,786
180, 254
35, 527
401

27,500
5,358
23,169
2,168
35,000
13,158
8,106
2,752
25,856
83,871
6,143

2,176
1,089
2,552
154
771
1,069
361
458
1,612
6,828
495

19,723
3,442
1,223
11,894
9,562
10,513
2,199
7,049
46,740
478 3,444

8,238
7,500
4,504
331
6,516
967
3,072
7,719
8,340
7,902
6,008

112
87

208
77

18
2
561
15
361

123
30
2,440
4,184
4,768
956
12,501

470
202
824
8,061
406
2,647

11, 612
7,621
136,044
16,425
41,172

15,572 9,685
54
20, 556 10,271
232
9,602 1,733 1,145
203,912 117,929 17,245
41,804 5,473 1,755
84, 651 31,172 10,181

12, 610 219,540 376,097 176, 263 30,612

16,867 114,771 827,153 1, 590,984136,591 234,113
3,760 25,173 114,229 116,947 21,020 29,692
3,797 109,120 279,429 482,606 81, 089 26,133
1,480 13, 569 23, 330 3,496 4,436
754 24,147 34,110 14,001 5,760
659
914 17, 350 13, 765 4,785 2,578
25,772 252,2121,275,877 2,261,742 260,982 302,712
1,287
209
369
48
263
665
437
217
632
1,375
53

7,397
731
1,700
1,496
2,952
597
1,902
3,981
1,189
932
953

44,896
22,956
17,819
5,417
33,079
20,949
26,956
10,796
20,628
93,5
11,

24,033
16, 059
11, 443
3,373
20,430
7,410
13,964
6,074

7,138
4,155
3,108
1,084

1,
2,780
1,146
3,811
38,317 15,792
4,878 2,051

2,045
1,415
4,544
587
2,325
505
3,283
512
3,177
4,690
266

CD

Kentucky
Tennessee—_

_

126,233
110,987

125,685
105,503

3,925
7,432

_

17,233
24,427

1,473,989 1,201, 228 83, 662 274,741
Total Southern States

497,919
228, 602
1,197, 718
218,546
177,639
244, 391
126,688
494,424

736,598 25,916 74,372
157,645 1,564 23,836
587,987 50,734 287,762
265,911 13, 057 31, 066
238,408 8,459 30,595
341,471 6,777 74,198
121,838 1,990 23,497
241,632 14, 250 80,291

Ohio
Indiana
_
Illinois.
Michigan
_
Wisconsin
_
Minnesota
Iowa
Missouri
Total Middle Western States 3,185,927 2,691,490 122,747 625,617
North Dakota
20,794
31,251
855
1,664
South Dakota
.
...__....
32, 237
28,285 2,201
3,146
Nebraska
_
,
98,201
62,054 2,820 31,913
Kansas
_
_.
165,887
79, 698 3,578 23,630
Montana
41,175
43,127
752
5,548
Wyoming
19,920
17,866
107
2,254
96,674
Colorado
82,620 1,346
21,025
14,802
New Mexico
5,765
170
547
Oklahoma
„_
150,835
84,236 1,763
22,982
Total Western States
Washington
Oregon.._
California
Idaho
Utah
Nevada
Arizona
Total Pacific States.._
Alaska
The Territory of Hawaii
Puerto Rico
_
Philippines

434,902

25,489
3
1,280
98
10

49,198 3, 223 138,454 151,976

94 27,414

405
602
1,446
1,907
873
219
1,789
23f
3,482

2,309
1,9
7,874
10,153
1,860
1,563
7,912
1,055
12,042

963
2,708
852
2,798
930
771
1,718
349
1,765

18

102

25

46, 377 12,854

107,523 148,197 7,520 24,417
71,585
85,456 1,524
13,650
754,548 1,796,566 58,031 143,101
22,851
18,142
63
2,486
49,702
32,080
213 10,133
5,051
7,038
98
63
22,691
19, 765
196
929

1,524
868
33,250
361
1,271
110
522

14, 696 3,705
9,328 1,859
94,829 11,695
940
278
2,707 1,494
418
129
1,410
107

22

37,906

124, 328 19, 267

37

5^406
45,762
12,115
47,272

405
1,427
99

86,159

110,555

1,931

194,779
- 66
2,117
9,884
8,006

31
347
224
653

140

404

10,955

3,961
33,783
15, 719
32,696

3,076

36,400 22,028
2,919
2,235
13, 373 7,628
20,020
21, 319 83,869
7,674 16, 031
5,034
2,438 3,223 21, 794 9,312
6,967
20, 305 4,225
1,248
6,947 5,180
10,642 3,703
8,218

13,592 112,709

1,015, 39C 2,125,805 67,645

542

152
129
100
5,264
185
15
5,678

270 21,890 31,443
292 16, 588 32,666
6,117 62,308 372,811
1,
203
16,998
912
1,235
2,108
259
517

193,210 55,152

27,712

83,350 18, 255 7,949
26,896 8,738
779
94, 299 21,090 27,516
26,170 7,085 6,097
22,044 7,786 5,637
24,916 5,704 6,063
11,167 2,848 2,023
34,076 14,437 8,827
85,943

64,891

522
974
2,919
4,620
1,601
773
3,478
159
2,494

184
836
1,467
508
934
255
264
110
656

56, 226 17,540

5,214

6,141
7,350
18,944
31,289
7,840
3,530
13,372
2,045
30,675

2,317

3,311

121,186

205 1,
28, 523 11,998 4,277 2,160
247
968
13,652
6,252 1,839
287
3,482 19, 700 203,513 120,146 39,807 23,619
1
13
4,085
1,545
420 1,639
9,186
328 14,423
4,672 1,676
1,394
700
39
342
181
57
38
148
3,850
2,269
325
84
4,450 37,090 263, 509 147,224 48,525

492 3,325

2,379

216

1,515

Total United States and possessions
15, 258,765 21,417,811 860,399 3,316, 210 653,269 27,016 730,435 503,883

26, 799 441,813

1,255

4,373 2,701
2,198 1,662

3,014
3,084
7,791
14,821
4,456
2,550
10,230
967
9,313

61
117
152
2,161
23
66
278
31
422

215
1

20,073

24,391
13,857

617, 040 322,918

221
156
254
161
178
21
816
5
505

176
1,154
778
271

5
5
482

18,409 110, 053
115,356 39,798
10,704 206, 712
37, 605 54,537
45,399
1,237
52,157
1,446
24, 030
1,920
15,524 84, 354

23,628 202,201

175
3,150

Total possessions

1

640, 525

4,154
9,672 7,697 12,621
172
1,117
14,665 17,478
22,836 4,855 148,606 6, 272 12,987

29,240

226
708
197 11,035
1,092 22,445

890
12,122
4,334
12,232

442
6,270
1,316
5,876

357
938
167
379

86
2,165
259
5,289

34,188

29,578

13,904

1,841

7,799

76, 300 603,920 2,899,541 3,371,321 646,246 468,180

Includes preferred stock where authorized.




CO
CO

Assets and liabilities of all reporting licensed banks in the United States, Alaska, and insular possessions, June 1933 {includes National, State
{commercial) banks, loan and trust companies, savings, and private banks)—Continued

CO

[In thousands of dollars]
Investments

Loans and discounts
Real-estate loans,
mortgages, deeds
of trust, and other
liens on real estate

Location

On farm
land
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

"II
I

_
_

___I_IIIIII
_

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

I
_
_

I

TotarEastern States
Virginia
West Virginia
North Carolina. _
South Carolina
Georgia
Florida
Alabama. _
Mississippi
Louisiana
Texas
Arkansas




_

_

215
667
900
852
219
605

On other
real estate
56,699
78,079
70,668
1,376, 711
136, 672
481,203

Loans on
securities
(exclusive
of loans
to banks)

Commercial paper
bought in
Loans open marto
ket, and
bills, acceptances,
etc., payable

133
14,734
18,092
289
14,375
41
226,655 13,088
40,408
226
112,119

All other
loansl

United
States
Government?
securities

23,497
24,058

Foreign
Stock o
Railroad
Other
State,
and other Federal Re- government bonds,
county,
bonds
and notes,
public
serve
banks
and muservice
and other other for- warrants,
nicipal
corporaeign secorporaetc.
bonds
tion bonds
curities
tions

7,391
2,929
348,593
8,630
27,311

55,608
76,320
34,295
578,389
88,874
174,981

4,769
20,322
4,630
56,232
43, 200
45,185

11,267
7,562
7,902
21,382
7,067
55,082

38,341
13,748
5,182
91,291
7,670
8,654

212

42
789
20
37,702
2,750
3,318

44, 621

644,968

578, 602

404,762

1,008,467

174,338

110, 262

164,886

4,092
7,259

1,402, 530
306, 034
612, 046
17, 743
"9,415

3,192, 565
197,384
823, 951
25,102
110,453
62,071

1,210,894
129,516
206, 643
7,421
23,875
4,322

1,439,801
247, 733
599,277
28,127
116, 733
10,170

237,315
66,701
141,549
163
9,812
4,484

1.55, 395
22,209
43,829
779
7,016
1,271

319,663
66,335
261,735
14,939
26,157
7,682

382,096

2,426, 666

4,411,526

1,582,671

2,441,841

460,024

1,126
196
25
1,029
833
1,031
959

188, 619
106, 748
93,850
12, 207
89, 978
19,440

12,493

2,940
120

80, 798
245,409
28,136

59,152
21,047
26,447
8,143
52,309
81,802
29,150
7,435
32, 572
159, 737
14,285

7,286
4,029
186
1,364
7,798
5,941
5,654
916
1,722
7,867
1,746

3,475
6,889
414
1,722
4,522
2,091
1,990
316
1,347
9,160
382

3,458

2, 200,032

13,989

36,336
38,668
14,605
2,919
7,270
73

4,310,329
377,011
481,278
26,009
79,480
23,555

1,884,976 167, 524
192,391 6,654
656,717 30,487
30, 553
10
47,978 1,503
35,145
338

99,871

5,297,662

2,847, 760 206,516

6,516
1,870
1,300
2,358
2,770
979
6,145
3,187
3,562
26,929
2,309

15,075
9,444
2,490
2,742
22,084
9,026
10,390
3,881
24,471
35, 930
10,696

41,360
17,671
4,532
3,710
31,729
11, 350
18, 285
4,258
17,048
77,394
3,827

3

1,996
867
116
113
951
1,496
1,473
375
436
4,309
429

38
1,021

53,877

21, 985
20, 979
399, 298
39, 267
109, 562

345,094
94,629
83,021

20,446
4,727
18,972
11,397
7,446
9,199
40,192

696,511
1,396
965
14
432
1,337
1,141
1,688
426
717
3,014
455

27,970
16,604
6,033
2,065
11,175
7,917
7,420
22,064
23,935
39,131
11,451

o

g
ft)

o

§

Kentucky
Tennessee

_
_

___

Total Southern States
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 Pacific States
Alaska
The Territory of Hawaii .
Puerto Rico
Philippines
Total possessions
Total United States and possessions
.
_____
1

5,200
3,317

6,550
5,179

17,841
29,198

1,332
3,142

1,139
113

174,724
130,069

49,083
34,130

28,860
14,382

9,052
1,579

765
2,348

914
1,020

11,508
13,704

66,442

157,958

278,203

17,035

10, 500

1, 279,924

575, 292

185, 748

55,140

35,421

13, 519

200,877

12,445
5,830
13,023
1,789
21,853
9,474
31,129
2,673

310,648
11,815
94,364
145,093
34,349
11,178
17,254
8,371

107,350
16,183
429,196
60,911
79,058
51,860
10,680
44,540

4,299
2,732
29, 561
1,110
5,737
3,538
1,679
3,408

693
257
24,883
2,162
1,214
2,561
1,544
4,845

369,112
184, 058
417,233
104f 238
126,346
224,377
77,329
296, 695

198,894
69, 528
482, 773
80,376
71,487
1.18,301
35,989
179,607

99,959
4,647
97,113
9,562
18,054
38,363
12,831
21, 550

23, 722
16,339
47,871
9,982
39,681
26,755
6,993
10,529

8,447
1,170
18,457
2,100
3,725
3,034
1,037
43,437

8,377
3,024
9,118
3,856
7,339
8,675
1,640
2,301

131,992
51,486
178,975
99,973
24,336
85,910
37,819
113,176

98, 216

633,072

799,778

52,064

38,159

1, 799, 388

1, 236,955

302,079

181,872

81,407

44,330

723,667

2,700
1, 697
7,116
5, 754
13,102
2,672
2,893
988
3,955

3,818
3,987
2,048
19,771
3,469
1,406
6,401
820
5,761

1,438
1,513
10,039
7,407
2,465
2,317
25,286
647
13,731

114
485
1,600
611
38
100
695
127
17,144

228
981
1,814
401
146
2
303
141
114

21,225
23, 969
67,920
99,435
11,809
15, 295
32, 385
6,476
68,012

7,739
9,003
44,005
46,333
17, 587
6,104
59, 977
4,547
41,422

4,150
11,213
10, 755
17,951
9,131
2,746
12,123
2,345
37,267

2,726
2,054
8,560
1,160
8,263
936
8,185
443
1,403

211
203
671
978
319
179
944
77
2,965

1,339
913
3,020
1,043
2,687
208
2,060
55
1,793

4,768
5,907
8, 859
32,115
7,622
3,082
16, 234
2,122
35,057

40,877

47,481

64,843

20,914

4,130

346, 526

236, 717

107, 681

33, 730

6,547

13,178

115,766

2,452
3,710
96,102
874
4,841
422
307

4,101
8,266
778,321
2,209
27, 732
1,172
6,464

19,075
8,739
210, 544
1,908
8,875
517
4,680

279
754
3,234
68
188

1,040
328
7,001
12
194

17

11

105,863
30,414
437, 667
10, 379
18,130
1,863
3,939

71, 258
55,491
575,608
8,753
18, 807
3,083
12,248

14,169
22,476
223,070
4,494
9,179
2,096
4,789

10,953
11,076
28,408
3,326
4,554
273
1,294

1,149
498
10, 555
161
5,167
24
396

1,731
5,264
15, 241
1, 237
678
62
375

44, 022
7,988
270,834
2,782
3, 792
371
2,959

108, 708

828,265

254,338

4,538

8,586

658, 255

745, 248

280,273

59,884

17,950

24, 588

332, 748

99
3,536
4,352

1,089
23,374
1,443
11,599

26
19,634
512
1,954

786
33
250

16
7
1,894
7,896

2,842
11, 691
28, C16
44,050

1,992
6,579
78
3,010

498
7,145
610
9,672

1,107
2,786

207
2,586

755

78
1,332
2
1,625

150

983
8,475
1,196
4,791

7,987

37,505

22,176

1,069

9,813

86, 599

11, 659

17,925

4,648

3,037

2,943

15,445

425, 559

9,201,975

4, 693,481 316,125

497,905

7, 242, 326

7, 795,999

2,881,139

3, 785,582

778, 724

439, 319

2,249,900

Includes $3,646,655,000 reported for banks other than national, a part of which should probably be classified elsewhere in t h e schedule.




Assets and liabilities of all reporting licensed banks in the United States, Alaska, and insular possessions, June 1933 {includes National, State
{commercial) banks, loan and trust companies, savings and private banks)—Continued
[In thousands of dollars]
Cash*

Demand deposits

Time deposits

Deposits
Other time deposits
' the payPublic
ment of
funds of
which has
States,
Postal
DeIndivi- counties, Certifi- Other counties,
been deChristGold All Not dual
savposits ferred
de- school dis- cates
debemas
Gold cer- other
school
disEviings
cash
classiposits
mand
of
denced Certifi- savings Open deposcoin tifltricts, or of de- depos- tricts, or other yond the
in
fied subject other
customary
acother
subby
savcates
of
and
subposit
to check divisions
banks
vault
its
period by ings pass deposit similar counts its
divisions
agreement
or municibooks
or municiacwith deposipalities
palities
counts
tors
Public
funds of

Location

Maine
New Hampshire
Vermont
Massachusetts
Ehode Island.
Connecticut

2,215
2,336

_

798 1,382
14,659 15,929
7,902
15,285

___.

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




3,224

177

33,180
23,370
14,174
726,496
82,164
180,991

2,466
3,184
225
5,824
14,104

601
4,623
2,583
5,837

449
177
160
9,873
137
7,495

190
38
121
5,362
1,862
1,835

18,291

418
1,130

6
32
5
913
14
370

148 43,195 20,535 1,060,375

58, 502 15,192

9,408

1,340

307
155
146
7
33
12

5,067,298
346 125,588
107 27, 662
391,904
201 27,868 25,361 1,198,346
1,751
47,750
7,220
122, 246
9,956
103,953

272, 342 45,023 219, 688
84, 752 7,001 4,128
69,054 11, 524 20,851
12,782
2,034
15,838
208
41
655 4,938

44, 559
5,755
11,429
54
1,228
500

26,727
1,911
3,867
25
2,431
65

660

679 200, 045 25,361 6,931,497

454,809 66, 262 251,847

63, 525 35,026

5,534 3,567
2,629 3,733
1,855 4,401
2,521
4,749 2,000
5,070
4,321
5,650
22,188

119,581
67,581
22,094
99,213
65,029
55,843
35,786
88,486
381,213

6,223
5,928
18,882
6,126
6,005
23,026
8,957
16,751
7,571
55,814

4,212
466
1,881
61
957
39
1,827
124
439
7,706

295
980
4,322
180
1,411
1,441
336
370
1,946
4,295

3,564
42
679
994
400
910
1,556

10
310
138
71

10,373
5,429

580
476

32

200
3

215, 552
209, 711
149,433
615 2,388,068
325,881
816,038

1,321
1,790
317
51,009
11,420
19, 529

818 4,104, 6

85, 386 15,972 37,687 45,159

385
167
415 2,009
861
52
96
8,994 31, 777 33, 266
1,593
3,354
2,500 "5," 489' 7,854

7,060 6, 323, 926 202, 488 13, 243 313, 470 124,804
1,532 998, 247 23,104 9,960 4,909 42,107
724 1, 569, 647 151,869 6,763 115, 446 91, 722
884
754
38
60, 529
1,473
298, 612
1,335 4,417 2,526
5,247 1,912 3,052 2,594
70, 367
9,316 9,321, 328 385, 065 33, 251 441,360 264, 507
57,366
2,438
1,132
63
175
27
94
276
1,951

109,924
63, 587
31,127
12,184
61,152
36, 622
45, 515
24,997
46,032
119,849

24,302
22, 208
21, 651
2,894
25,060
4,166
8,028
20,643
25,303
24,696

1,164
653
96
117
444
160
916
145
294
731

2
7,419
343
2,879
180
575
4,155
3,226

3,103
4,691
1,788
2,750
13,842
26,882
7,394
2,779
4,265
23,896

CO
C

13
10
10

Arkansas _ __•- - Tennessee
Total Southern States
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 Pacific States
Alaska
_
The Territory of Hawaii Puerto Rico
Philippines

_.

Total possessions
Total United States and
possessions
1

7
22
3

2,751
2,891
3,751

128
1,702
4,264

82
208
1,657

543
11

17,144
64,705
53,131

10,299
56,325
37, 009

62
350
412

19,874

17, 335

30, 041

4,144

64, 076

685,987

282, 584

5,544

21,391 107,461

8,635
17,541
9,995
6,138
2,60^
1,734
2,597
4,101

18,895
21,482
11,140
4,281
844
4,036
2,067
304

8,858 1,406
239 1,625
.3, 723
339
505 1,078
3,154 2,112
2,201 10,638
83
105
2,424 4,512

1,355
306
1,258
17,315
1,100
1,343
2,708

563,860
100, 522
419, 045
190, 826
133, 345
207,471
43, 330
121,171

104, 602
40, 084
102, 921
40, 425
85, 083
96,453
57,423
100, 633

6,946
453
1,259
1,773
1,101
745
193
360

2,370
7,983
42, 352
10,000
1,059
1,519

21,187 21,815

25,385 1, 779, 570

12,307
4,481
11,613

1,168
183
811

286

135 69,898 20, 970 1,253, 096

183,684

38
25
171
17
90
31
15
16

33 11,938 24,893
391,893
114 7,889 10,857
172,372
55 54,644
1,067,168
16 5,479 12,233
186, 771
16 12,392
136,440
158 6,795 9,228
200,124
13 4,054 5,875
108,462
13 5,729 11, 614
470,709

78,496
17, 207
109,415
21,356
37,748
38,49 7
13, 562
19,3iO

403

418 108,920 74,700 2, 733,939

335,591

53,348

63, 049

3,640
5 410
14,929
737,856
10,711
6,393
7 961
4,554
27,099

425
582
4,208
7,070
1,236
675
2,004
478
1,012

550

1,038

16,179
26 238
78,941
118,855
29,191
12,833
84,633
9,695
121, 568

1,038

498,133

118, 553

11
10
63
3
6
2
6

8 4,297 2,097
3 3,159 1,275
72 19,506 12,617
1
725 1,395
41 1,208
490
1 1,904

81,923
56,106
678,464
14,049
24, 792
3,894
16,320

101

126 31, 289 17,384

11
80
94
321

981
12 4,827
63 4 671
113 12,454

506

188 22,933

9
6
12
17
4
5
89
3
20

123
2,106
37
19
2,076
75
1,156

2,484
253
894
324
10
132
446
67
5,888

389

17, 690

6,149

10,498

1,215

22,470
13,168
50,128
8,254
6,134
3,003
3,333

1,329
1,243
7,651
519
20
41
92

1,801
1,068
18,305
29
1,134
100
20

25
457
176,901
33
660
35
3,511

373

875, 548

106,490

10,895

22,457

181,622

3,230
19,578
8 813
24,384

689
4,44*
3 612
7,664

21
1,046
205
472

21
8,712
3,089
176

2
1,905
1,927
9,420

219

56,005

16,412

1,744

11,998

13,254

219

2,312 1,859 508,397 159,988 13,408,593

1,274,041

10
11
24
45
29
11
23
5
21
179

1,382
1 451
4,341
6,157
2 871
1,694
8 501
1,009
4,711

165 32,117

All cash in national banks included in first 3 columns.




146
978
635

30,814
120,591
97,928

4,466
2,803

7

18,005 391,126

5

1,388

329,535 65,147

47,201
6,433
17, 090
3 989
11,454
21,101
17,996
3,343 9,189

627,624

12,830

68, 626 134,453

213

14, 869
13 658
30, 560
47,848
13, 362
6,326
9,814
1,945
20,906

44
25
500
350
38
807
559
16
436

74 4,591
127 6,352
572 7,889
633 8,486
68 11,905
2,401
101 9,515
1,576
12,843 15,242

960

77

160

7,154
1,536
7,381

8,596
7 725
21,625
21,313
17, 744
8,200
62,108
2,161
28,319

593
140
14

744

855

658
316
1,638

177,791

159, 288

2,775

14, 418 67,957

112, 208
61, 038
414
1,460,404
6,356
1,488
389
40,406
4,364
12,333

13, 066
6,870
40,446
6,329
4,700
264
1,090

10
4
2,327
1
22
2
12

401 22,114
717 15,956
10, 558 105,075
3,935
3,365
386
15 5,730

2,291 1,697,109

72, 765

2,378

11,691 156,561

3,761
32,140
8,773
25,812

776
10,694
928
9,825

70,486

22, 223

102,846 17, 836,954 1,634,935

721
357

21
1,858

1,078

1,879

867
302
247
1,416

73,828 597,052 777,514

CO

98

KEPOBT OF THE COMPTROLLER OF THE CURRENCY

The assets and liabilities of all reporting banks June 30, 1929 to
1933, are shown in the following statement:
Assets and liabilities of all reporting banks on or about June 80, 1929—S3
[In thousands of dollars]
1929 (25,330 1930 (24,079 1931 (22,071 1932 (19,163 1938 (14,624
banks)
banks)
banks)
banks)
banks *)
ASSETS

Loans and discounts (including rediscounts)
41,376, 269
Overdrafts
56,857
17,348,738
Investments
1,754,454
Banking house, furniture and fixtures
390,816
Real estate owned other than banking house
819,928
Cash in vault
Reserve with Federal Reserve banks or
3,192, 200
other reserve agents.
3, 567, 525
Due from banks
_
Exchanges for clearing house and other cash
1,691, 772
items
1,973,946
Other assets..—
Total

40,460,670 35,164,850 28,074,640
49,438
45,650
15,213
17,944, 728 20,060,153 18, 223, 241
1,810,357 1,808,254 1,681,989
526,750
425,151
446,488
865,970
884,327
791, 627

22,377,371
10,447
17,930,663
1,382,831
637.646
672, 556

3,433,102
3,994,325

3,402,189
4,133, 720

2,674,941
2,920,092

2,761,945
3,230, 111

2,884,635
2,151, 748

1,946, 709
2,316,809

981,057
1,355,581

1,100,173
1,198,165

72,172, 505 74,020,124 70,209,149 57,245,131

51,301,908

24, 350,164 24,098,516 21,326, 210 16,405, 579
28,787,617 29,465,361 29,159,361 24, 774,389
424,325
286,112
448,189
213, 722
3,629,197 4,337,120 4,828,741 3,212,110

15,258,765
21,417,811

LIABILITIES

Demand deposits
_
Time deposits (including postal savings) _.
United States deposits
Due to banks
Certified and cashiers' checks and cash
letters of credit and travelers' checks
outstanding
Deposits not classified a
-

837,430
20,121

1, 615, 277 1,083,003
117,199
19,240

565,866
8,000

653,269
27,016

45,890,269
652,168
1,248, 780
48,613
528,310

41,588,470
730,435
503,883
26,799
441,813

77,271
761,219
3,317,864
4,058,070
716, 598
3 445,969

76,300
603,920
2,899,541
3,371,321
646,246
468,180

72,172, 505 74,020,124 70, 209,149 57, 245,131

51,301,908

Total deposits
67,910,641 59,847,195 56, S64,744
National-bank circulation. _
649,452
652,339
639,304
Bills payable and rediscounts
—
1,630, 703
665,817
457,620
Agreements to repurchase securities sold—.
312, 335
55,523
47,678
938,407
Acceptances executed for customers
449,917
585,969
Interest, taxes, and other expenses accrued
142,
776
122,
737
97,839
and unpaid..
1,665,948 1,816,891 1,067,821
Other liabilities
3,
796,978
3.889,419
3,669,998
Capital stock
4,611,69S 4,968,999 4, 792,851
Surplus
1,097, 386 1,154,804 1,010,128
Undivided profits—net
3 161,483
3 268, 276 3 358,102
Reserves for contingencies
Total

_

3,316,210

* Licensed banks; i.e., those operating on an unrestricted basis.
2 For banks other than national.
3 Includes reserves for dividends.

Principal items of assets and liabilities of all reporting licensed banks in continental
United States as compared with similar data for member banks of the Federal
Reserve System, on or about June 80, 1983
Member banks

Items

Loans *__
Investments
Cash
Capital
Surplus and undivided profits.
Deposits (demand and time)..
Aggregate assets

Percent
All
Mutual
Private
to all
reporting
savings2
banks: 3
reporting
banks: 1
banks:
1
Percent
184
banks
5,606
banks,
14,565
576 banks
to all
(000
banks (000 banks (000 reporting except
(000
omitted)
omitted)
mutual
omitted)
omitted)
banks 1 savings
and
private
$22, 220, 296
17,875,006
648,929
2,869, 963
4,001,822
36, 479,862
50, 986, 698

$12,858, 099
11, 928, 272
404, 502
2, 220, 330
2, 220, 720
21,908, 638
33,046, 780

12 Exclusive of banks in Alaska and insular possessions.
Included in all reporting banks in column 1.
8
Including overdrafts.




57.87
66.73
62.33
77.36
55.49
60.06
64.81

79.10
69.16
77.50
79.35
81.94
82.67

$5,941,048
4,103,176
62, 781
1,199,057
9, 712,993
10, 967,143

$22,847
9,986
1,282
4,863
4,182
29,899
46,913

REPORT OF THE COMPTROLLER OF THE CURRENCY

99

Per capita demand and time and savings deposits in all reporting licensed
banks
Statement showing the population, amount of demand and time
deposits, amount of savings deposits, and per capita savings deposits
reported by all licensed banks in each State, the District of Columbia,
Alaska, and insular possessions follows:
Per capita demand and time and savings deposits in all reporting licensed banks
June 80, 1938
Population
(approximate)

Location

Maine
New Hampshire
Vermont
Massachusetts *
Rhode Island
Connecticut

_
_ __ . _ _.

Total New England States

802,000
469,000
361,000
4,318,000
702, 000
1, 646, 000

Per capDemand
ita de- Savings
deand time
posits 2 (000
mand
deposits i
omitted)
and
time
(000 omitted) deposits
$254,340
242, 720
165,184
3, 293, 695
434,832
1,062,042

Per capita savings deposits

$317.13
517. 53
457. 57
762. 78
619. 42
645. 23

$216,873
211,501
149,750
2, 439, 077
337,301
835, 567

$270.42
450.96
414.82
564. 86
480.49
507. 64

8, 298, 000

5,452,813

657.12

4,190, 069

504.95

12,965, 000
4,193,000
9, 787, 000
241, 000
1, 663, 000
495, 000

12, 660, 628
1,575, 310
3, 251, 242
124,976
452, 313
193, 324

976. 52
375. 70
332. 20
518. 57
271. 99
390. 55

6, 526,414
1, 021, 351
1, 721, 516
61,413
300,085
75, 614

503. 39
243. 58
175. 90
254.83
180. 45
152. 76

29,344,000

18, 257, 793

622. 20

9, 706,393

330. 78

2, 441,000
1, 774, 000
3, 275.000
1,748, 000
2,911,000
1, 554, 000
2, 697,000
2,047,000
2,153,000
6,023,000
1,872,000
2,648, 000
2, 664, 000

330, 334
177,381
149,139
47,816
211, 848
158, 620
131,018
101, 689
189, 720
629, 282
79,962
251,918
216,490

135. 33
99.99
45.54
27.35
72.77
102. 07
48.58
49.68
88.12
104. 48
42.71
95.14
81.27

134,244
85, 795
52,778
15,078
86, 212
40,788
53, 543
45,640
71,335
144, 545
27,443
121, 030
90,140

55.00
48.36
16.12
8.63
29.62
26.25
19.85
22.30
33.13
24.00
14.66
45.71
33.84

33,807,000

2,675, 217

79.13

968,571

28. 65

_

6, 798,000
3, 291,000
7,826, 000
5,043, 000
2,992, 000
2, 594, 000
2,482, 000
3, 668, 000

1, 234, 517
386, 247
1, 785, 705
484, 457
416, 047
585,862
248, 526
736, 056

181. 60
117.36
228.18
96.07
139. 05
225. 85
100.13
200. 67

668,462
140, 606
521,966
231,251
218,428
303,924
100, 753
221,804

98.33
42.72
66. 70
45.86
73.00
117.16
40.59
60.47

Total Middle Western States

34,694,000

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..
Ohio
Indiana
Illinois
Michigan
Wisconsin.
Minnesota
Iowa_
_
Missouri

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

_

_
_. ._ _ _

Total Western States

. .

5,877,417

169. 41

2,407,194

69.38

687, 000
702,000
1, 392, 000
1, 900, 000
3 537, 606
231, 000
1,052, 000
434,000
2,459,000

52, 045
60, 522
160, 255
245, 585
84, 302
37, 786
179,294
20, 567
235, 071

75.76
88.21
115.13
129. 26
156. 81
163.58
170. 43
47.39
95.60

23,465
21, 383
52,185
69,161
31,106
14, 526
71,922
4,106
49, 225

34.16
30.46
37.49
36. 40
57.86
62.88
68.37
9.46
20.02

9, 394, 605

1, 075,427

114. 47

337,079

35.88

* Includes postal savings, Christmas savings, and other savings reported in column 4.
2 Represents deposits evidenced by savings pass books and time certificates of deposit. (Does not include
postal
savings or Christmas savings accounts.)
3
Population Apr. 1,1930.




100

REPORT OF THE COMPTROLLER OF THE CURRENCY

Per capita demand and time and savings deposits in all reporting licensed banks
June 80y 1983—Continued

Population*
(approximate)

Location

Total Pacific States

Total possessions
Total United States




Per capita savings deposits

1,599,000
983,000
6,062,000
447,000
518, 000
93, 000
453,000

$255,720
157,041
2,551,114
40,993
81,782
12,089
42, 456

$159.92
159.76
420. 84
91.71
157.88
129.99
93.72

$125,274
67,908
1, 500,850
12,685
45,106
4,628
13,423

$78.35
69.08
247.58
28.38
87.08
49.76
29.63

__.

10,155,000

3,141,195

309. 32

1,769, 874

174.29

__.

60,600
404,000
1, 621,300
12, 758,400

9,367
79, 545
27,834
79,968

154.57
196.89
17.17
6.27

4,537
42, 834
9,701
35,637

74787
106. 02
5.98
2.79

Washington
Oregon
California
Idaho
Utah..
Nevada
Arizona

Alaska
The Territory of Hawaii
Puerto Rico
Philippines

Per capDemand
ita de- Savings deand time
mand
posits (000
deposits
and
time
omitted)
(000 omitted) deposits

14,844,300

196, 714

13.25

92,709

6.25

140, 536,906

36,676, 576

260.98

19,471,889

138.55

Savings deposits and depositors in all reporting licensed banks in the United States and possessionSj according to classes of banks, on or about
June SO, 19S3
[Deposits in thousands of dollars]
Total all reporting 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
South Carolina—
Georgia
_
Florida
Alabama
Mississippi—
Louisiana
Texas
_
Arkansas—
Kentucky
Tennessee.
-

—

-

Total Southern States

National banks

Total savings deposits i

Depositors 2

1,321
1,790
317
51,009
11,420
19,529

216.873
211,501
149,750
2,439,077
337,301
835,567

446, 688
351,634
264, 222
3, 645,452
382,928
1,376,109

43, 523
16.158
19,848
230, 322
11,836
72,568




1,759
317
38,425
3,329
10,036

44,449
17,917
20,165
268,747
15,165
82,604

79,318
46,958
45, 594
567,122
12,441
183,199

635, 270
306, 017
719,628
8,255
68,891
36,342

1, 586, 538
725,638
1,374,429
10, 255
94,818
62,947

4,104,683

85,386

4,190,069

6,467,033

394, 255

6,323,926
998, 247
1, 569,647
60, 529
298,612
70,367

202, 488
23,104
151,869
884
1,473
5,247

6, 526,414
1,021, 351
J , 721, 516
61,413
300,085
75,614

9, 383,998
2,179,910
3,177, 834
118, 762
568,695
180, 499

557,930
300,870
617,921
7,746
67,418
33,894

77, 340
5,147
101, 707
509
1,473
2,448

9, 321, 328

385, 065

9, 706, 393 15, 609, 698

1, 585, 779

188, 624

109, 942
63, 587
31,127
12,184
61,152
36,622
45, 515
24,997
46, 032
119,849
17,144
64, 705
53,131

24,302
22, 208
21, 651
2,894
25, 060
4,166
8,028
20, 643
25, 303
24,695
10,299
56,325
37, 009

134, 244
85, 795
52, 778
15, 078
86, 212
40, 788
53, 543
45,640
71,335
144, 545
27,443
121,030
90,140

430,616
212,981
165, 648
41,884
317,113
155, 322
251,925
61,482
263,878
302.621
53, 540
232.622
236, 578

90,367
29, 389
7,801
3,746
44, 337
27,163
32, 792
12,462
29, 392
111, 601
10, 573
30,453
38,423

24,302
9,588
6,479
638
8, 312
3,434
5,030
4,956
7,419
16, 003
5,749
16,107
20, 310

114,669
38,977
14, 280
4,384
52,649
30, 597
37,822
17,418
36,811
127, 604
18,322
46, 560
58,733

685,987

282, 584

968, 571

2, 726, 210

128,327

596,826

»Excludes Postal Savings and Christmas-savings accounts, etc.

posits
Total sav
evidenced Time cerof ings deby savings tificates
deposit
posits i
pass books

Deposits
Total savevidenced Time cerof ings deby savings tificates
posits i
deposit
pass books

Deposits
evidenced Time cerof
by savings tificates
deposit
pass books
215,552
209,711
149,433
2,388,068
325,881
816,038

All banks other than national

2

233, 755
92, 247
41, 216
15,957
230, 111
120,619
101,925
33,338
257,481
26, 354
74, 291
187,425
1,613,105

172,029
193,553
129,585
2,157,746
314,045
743,470

172,424
193.584
129.585
170,330
322,136
752,963

125,148 5,891,144 7, 797,460
715,334 1, 454, 272
17,957
50,162 1,001,888 1,803,405
375
53,158
108, 507
231,194
473,877
39,272
117, 552

19, 575
34,198
23,326
8,438
16,815
9,459
12, 723
12, 535
16,640
8,248
6,571
34, 252
14, 708
217,488

12,620
15,172
2,256
16, 748
732

154, 257

Represents number of savings pass-book accounts,

19,575
46,818
38,498
10,694
33,563
10,191
15,721
28, 222
34,524
16,941
11,121
74,470
31,407

Savings deposits and depositors in all reporting licensed banks in the United States and possessions, according to classes of banks, on or about
June SO, 1983—Continued
(Deposits in thousands of dollars]
Total all reporting banks
Location

Deposits
Total savevidenced Time cerof ings deby savings tificates
posits
deposit
pass books

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota.
Iowa
Missouri
Total Middle Western S t a t e s . . .
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




_

563,860
100,522
419,045
190,826
133,345
207,471
43,330
121,171

104,602
40,084
102,921
40,425
85,083
96,453
57,423
100,633

1,779, 570

All banks other than national

National banks

Depositors

668,462 1,608,808
140,606
301,598
521,966 1,767,943
231, 251
652, 221
218,428
750,889
303,924
701,578
100, 753
271,966
221,804
539,928

Deposits
Total savevidenced Time cerof ings deby savings tificates
posits
deposit
pass books
142,420
42,017
264,621
67,903
73,988
120,9-5
16,901
53,330

Depositors

Deposits
Total savevidenced Time cerof ings deby savings tificates
posits
deposit
pass books

184,698
60,274
325,310
77, 237
108,189
171,521
30, 503
71,632

430,623
137,164
1,037,136
184,247
330,149
455, 386
103, 264
202, 342

421,440
58, 505
154,424
122,923
59, 357
86, 526
26,429
67,841

62,324
21,827
42,232
31,091
50,882
45,877
43,821
82,331

247, 239 1, 029,364

42,2^8
18, 257
60,689
9,334
34, 201
50, 576
13, 602
18,302

Depositors

483,764 1, r8,185
80,332
164,434
196,656
730,807
154,014
467,974
110,239
420, 740
132,403
246,192
70, 250
168, 702
150,172
337, 586

627,624

2,407,194

6,594,931

782,125

2,880,311

997,445

380,385

1,377,830

3,714,620

8,596
7,725
21,625
21,313
17,744
8,200
62,108
2,161
28,319

14,869
13,658
30,560
47,848
13,362
6,326
9,814
1,945
20,906

23,465
21,383
52,185
69,161
31,106
14,526
71,922
4,106
49,225

42,345
40,861
138,488
177,457
51,309
30,653
183,639
10,177
119,023

7,360
5,039
18, 667
14,669
11,634
6,019
50, 260
1,693
26,712

9,772
6,847
16,440
17,710
8,113
3,796
7,655
1,357
15,729

17,132
11,886
35,107
32,379
19,747
9,815
57,915
3,050
42,441

34,627
25,742
112,203
87,163
32,315
20,782
138,084
7,814
108,054

1,236
2,686
2,958
6,644
6,110
2,181
11,848
468
1,607

5,097
6,811
14,120
30,138
5,249
2,530
2,159
588
5,177

6,333
9,497
17,078
36,782
11,359
4,711
14,007
1,056
6,784

7,718
15,119
26,285
90,294
18,994
9,871
45.555
2,363
10,969

337,079

177,791

159,288

793,952

142,053

87,419

229,472

566,784

35,738

71,869

107,607

227,168

112,208
61,038
1,460,404
6,356
40,406
4,364
12,333

13,066
6,870
40,446
6,329
4,700
264
1,090

125,274
269,557
67,908
195,887
1,500,850 2,837,403
12,685
35,053
45,106
153,296
4,628
8,807
13,423
37,668

46,676
52,777
778,576
2,546
9,725
3,866
2,633

6,835
4,984
40,446
1,986
1,850
29
384

53,511
57,761
819,022
4,532
11,575
3,895
3,017

154,221
164,523
1,749,506
11,331
32,112
6,454
10,687

65,532
8,261
681,828
3,810
30,681
498
9,700

6,231
1,886
4,343
2,850
235
706

71,763
10,147
681,828
8,153
33,531
733
10,406

115,336
31,364
1,087,897
23,722
121,184
2,353
26,981

1,697,109

72,765

1,769,874 3,537,671

896,799

56,514

953,313

2,128,834

800,310

16,251

816,561

1,408,837

o

o

E
o

The Territory of Hawaii _
Puerto Rico
__
PhilippinesTotal possessions
Total United States




3,761
32,140
8,773
25,812
70,486
17,836,954

776
10,694
928
9,825

4,537
42,834
9,701
35,637

6,978
156,046
35,368
438,987

22, 223

92,709

637,379

12,011

1, 634,935 19,471,889 36,366,874

4, 281,521

1,261
10,750

206
3,662

1,467
14,412

2,578
43,117

2,500
21,390
8,773
25, 812

3,868

15, 879

45, 695

58,475

766,783 5,048,304

12,023,986

13, 555,433

570
7,032
928
9,825

3,070
28,422
9,701
35,637

4.40C
112,929
35,368
438,987

18,355

76,830

591,684

868,152 14,423,585 24,342,888
O

o

3
o

Savings deposits and depositors in all reporting licensed hanks in the United States and possessions, according to classes of banks, on or about
June SO, 1938— Continued
[Deposits in thousands of dollars]
State (commercial) banks

Loan and trust companies

Stock savings banks
d

Location

Deposits
Total
evidenced Time cerof savings 1
by savings tificates
deposits
deposit
pass books

Depositors a

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

54,980
17,816
51,706
115,122
143, 370
91,130

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

Total Eastern States..
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States




Deposits
Total
evidenced Time cerof savings
by savings tificates
deposits
i
deposit
pass books
395
31

Depositors 2

12, 584
8,091
9,480

55,375
17,847
51,706
127,706
151,461
100,610

149,125
39, 021
3 96,349
271,663
183,191
284, 971

474,124

30,581

504, 705

1, 024,320

143,405
25,912
119,312
7,174
29,573

11,859
793
8,842
230

155,264
26,705
128,154
7,404
29,573

431,789
73,257
319,923
14,333
102,933

486,939
339, 303
331,401
17, 792
25,437
29,379

113, 245
17,164
41,320
145
2,176

600,184
356,467
372,721
17,937
25,437
31,555

1,090,948
849,118
850,992
45,867
71,599
76,862

325,376

21,724

347,100

942,235

1,230, 251

174,050

1,404,301

2,985,386

19 575
34,198
23,326
8,438
16,326
6,436
10,529
12,535
16, 640
8,241
6,571
34,252
14,708

12,620
15,172
2,256
15,889
595
2,973
15,687
17,884
8,486
4,550
40,218
16,699

19,575
46,818
38,498
10,694
32, 215
7,031
13, 502
28,222
34,524
16,727
11,121
74,470
31,407

196,861
120, 734
3 124,432
25,927
82,870
3 23,240
3 50,000
s 28,146
3 65,490
45,069
27,186
158,331
3 49,153

3,023

137

3,160

3 11,463

211,775

153,029

364,804

997,439

3,023

137

3,160

11,463

Deposits
Total
evidenced Time cerof savings Depositors 2
by savings tificates
deposit
deposits
*
pass books

i
O

o
o
=====
26,344

26,344

39,802

7,094

623

7,717

40,690

33,438

623

34,061

80,492

2,194

25

2,219

3 100,000

2,194

25

2,219

100,000

o

312,635
9,404
154,424
110,718
56,405
25, 638
3,966
13,827

60,448
12,768
42,232
30,022
50,330
43, 383
19,432
38,923

373,083
22,172
196,656
140, 740
106, 735
69,021
23,398
52, 750

1,025,379
3 30,741
730,807
447,803
408,811
3 141,848
3 67,670
3 93,155

687,017

297, 538

984, 555

2,946,214

818
2,389
1,941
6,561
6,110
2,181
s 11,848
468
s 1, 607

4,977
6,385
14,120
27,974
5,249
2,530
3 2,159
588
s 5,177

5,795
8,774
16,061
34,535
11,359
4,711
14,007
1,056
6,784

7,029
3 13, 700
22, 690
84,341
3 18, 994
9,871
45,555
2,363
3 10, 969

33,923

69,159

103,082

215, 512

794

3 18, 599
8,227

3 6,231
1,886

24,830
10,113

18, 015
31,177

166

3,810
14, 847
498
6,048

4,343
2,692
235
482

8,153
17,539
733
6,530

23, 722
62,432
2,353
15,132

Total Pacific States
A.laska
The Territory of Hawaii
Puerto Rico
Philippines
Total possessions

52,029

15,869

67,898

152,831

2,500
21,390
8,773
25,812

7,032
928
9,825

3,070
28,422
9,701
35,637

4,400
112,929
35, 368
438,987

58,475

18,355

76,830

59

Total United States

1,368, 595

575,674

1,944,269

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
_
Arizona

,

1 Excludes postal savings and Christmas savings accounts, etc.
2 Represents number of savings pass-book accounts,
s Estimated.




32,289

8,719

41,008

s 105,559

1,074
3,195
879
54,014

552
2,494
386
43,408

1,626
5,689
1,265
97,422

8,027
3 11,832
3 2,525
3 244,431

91,451

55,559

147,010

372,374

418
297

120
426

538
723

689
3 1, 419

79

2,090

2,169

5,905

11,795

598

12,393

18,112

21,425

22,917

44,342

3 97,465

33,220

23, 515

56,735

115,577

o

1,017

3,595

o

1 017

3

714

880

2,636

71

71

3,430

8,013

166

220

785

8,326

951

8,546

1,017

1,017

3,595

592,474

592,474

1,016, 616
50,426

15,120

87

15, 207

3,652

224

3,876

11,849

611, 246

311

611, 557

1,078,891

o
o

3

684

5,845, 915

d

1,800, 523

263,034

2,063,557

4,410,102

681,115

24, 474

705, 589

1,378,555

o

Savings deposits and depositors in all reporting licensed banks in the United States and possessions, according to classes of banks, on or about
June 80, 1988—Continued
[Deposits in thousands of dollars]
Mutual savings banks
Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

Deposits
Total
evidenced Time cer- savings
by savings oftificates
deposits
*
deposit
pass books

.

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




Total all banks other than national

Private banks

Depositors 2

Deposits
Total
evidenced Time cer- savings
Deposiby savings oftificates
1
tors 2
deposit
deposits
pass books

117,049
175,737
77,879
2,042,624
170,675
652,109

117,049
175,737
77,879
2,042,624
170,675
652,109

218,245
265,655
s 122,279
2,806,667
187,296
907,152

231

13

244

3,236,073

3,236,073

4,507,294

231

13

244

Deposits
evidenced Time cerof
by savings tificates
deposit
pass books

3
Total
savings
deposits l

Depositors 1

787

172,029
193,553
129,585
2,157,746
314,045
743,470

12,584
8,091
9,493

367,370
172,424
304,676
193,584
218,628
129,585
2,170,330 3,078,330
370,487
322,136
752,963 1,192,910

787

3,710,428

30,594

3, 741,022

395
31

5,134,980
304, 374
500,204
27,817
176,184

5,134,980
304, 374
500, 204
27,817
176,184

6, 272,371
487, 536
630, 347
48, 307
299,345

672
1,444
809

44

716
1,444
809

2,352
4,559
2,143

5, 765,996
697,377
951, 726
52, 783
231,194
36,473

125,148
17,957
50,162
375
2,799

6,143,559

6,143,559

7,737,906

2,925

44

2,969

9,054

7,735,549

196, 441

7,931,990 11,755,073

19,575
34,198
23,326
8,438
16,815
9,459
12, 723
12,535
16,640
8,248
6,571
34,252
14,708

12,620
15,172
2,256
16,748
732
2,998
15,687
17,884
8,693
4,550
40,218
16,699

19, 575
46,818
38,498
10,694
33,563
10,191
15,721
28,222
34,524
16,941
11,121
74,470
31,407

196,861
120,734
124,432
25,927
87,002
34, 703
150,000
28,146
65,490
45,140
27,186
158,331
49,153

217,488

154,257

371,745

1,113,105

859

1,348

4,132

7

207

214

71

496

1,066

1,562

4,203

.

o
o
S

5,532,401

5,891,144 7,797,460
715, 334 1,454, 272
1,001,888 1,803,405
53,158
108, 507
231,194
473,877
39, 272
117,552

489

3

o

Ohio
Indiana
Illinois
Michigan

107,315
16,446
._

390

1,878
57,693

Iowa
Missouri
Total Middle Western States

183,332

390

107,705
16,446

146,670
3 26,935

1,878
57,693

3,902
» 92, 512

183, 722

270,019

North Dakota
South Dakota
Nebraska
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon

46,767
34
89,354

46,767
34
89,354

1,490
366

1,486
340

2,976
706

6,136
3 1,199

410

471

881

2,059

159

1,086

1,245

1,042

2,425

3,383

5,808

10,436

4

74

78

48

4

74

78

48

97,101
187
71,281

Utah
Arizona
Total Pacific States

136,155

136,155

168, 569

Alaska
The Territory of Hawaii
Puerto Rico
Phiiippines
Total possessions
Total United States

9, 699,119

390

9,699, 509 12,683,788

i Excludes postal savings and Christmas savings accounts, etc.
Represents number of savings pass-book accounts.
3 Estimated.
3




6,081

4,580

10,661

421,440
58,505
154,424
122,923
59, 357
86,526
26,429
67,841

62,324
21,827
42,232
31,091
50,882
45,877
43,821
82, 331

483,764 1,178,185
80,332
164,434
196, 656
730,807
154, 014
467,974
110, 239
420,740
132,403
246,192
70,250
168,702
150,172
337,586

997,445

380, 385

1,377,830 3,714,620

1,236
2,686
2,958
6,644
6,110
2,181
11,848
468
1,607

5,097
6,811
14,120
30,138
5,249
2,530
2,159
588
5,177

6,333
9,497
17,078
36,782
11,359
4,711
14,007
1,056
6,784

7,718
15,119
26,285
90,294
18,994
9,871
45,555
2,363
10,969

35,738

71,869

107,607

227,168

65,532
8,261
681,828
3,810
30,681
498
9,700

6,231
1,886
4,343
2,850
235
706

71,763
10,147
681,828
8,153
33,531
733
10,406

115,336
31,364
1,087,897
23,722
121,184
2,353
26,981

800,310

16,251

816,561

1,408,837

2,500
21,390
8,773
25,812

670
7, 032
928
9,825

3,070
28,422
9,701
35,637

4,400
112,929
35,368
438,987

76,830

591,684

68,475

18,355

24, 528 13, 555,433

868,152

14,423,585 24,342,888

108

REPORT OF THE COMPTROLLER OF THE CURRENCY
National banks

The assets and liabilities of all reporting national banks June 30,
1929 to 1933, are shown in the following statement:
Assets and liabilities of all reporting national banks on or about June 80, 1929-33
[In thousands of dollars]
1929, 7,536
banks

1930, 7,252
banks

1931, 6,805
banks

1932, 6,150
banks

1933S 4,902
banks l

Loans and discounts (including rediscounts) 14,801,130
Overdrafts
10,193
Investments
6,656,535
Banking house, furniture and fixtures
747,684
Real estate owned other than banking house.
118,839
Cash in vault
298,003
Reserve with Federal Reserve banks or
1,344,951
other reserve agents
.
Due from banks
1,854,187
Exchanges for clearing house and other cash
785,006
items.Other assets
823,700

14,887,752
9,452
6,888,171
787,750
124,584
342,507

13,177,485
7,790
7,674,837
795,866
125,681
368,589

10,281,676
4,701
7,196,652
760,057
143,585
338,404

8,116,972
2,800
7,371,631
641,694
132,187
288,478

1,421,676
2,353,669

1,418,096
2,354,145

1,150,575
1,569,723

1,412,127
1,935,922

1,297,487
1,003,491

854,365
865,844

427,159
495,179

482,419
476,261

27,440,228

29,116,539

27,642,698

22,367,711

20,860,491

Demand deposits
Time deposits (including postal savings)
United States deposits
Due to banks
Certified and cashiers' checks and cash letters of credit and travelers' checks outstanding

10,504,268
8,317,095
228,243
2,175,932

10,926,201
8,752,571
171,964
2,679,821

10,105,885
8,579,590
235,226
2,746,412

7,940,653
7,265,640
213,287
1,800,217

7,894,127
6,216,917
449,661
1,969,891

372,550

738,327

531,127

241,116

243,519

Total deposits
National-bank circulation
Bills payable and rediscounts...
Agreements to repurchase securities sold
Acceptances executed for customers
Interest, taxes, and other expenses accrued
and unpaid
Other liabilities
_
Capital stock
Surplus.
Undivided profits—net
Reserves for contingencies

21,598,088 28,268,884 22,198,240
639,304
652,339
649,452
153,533
229,033
714, 507
10,266
8,173
49,660
442,235
511,007
392,623

Total
LIABILITIES

Total

73,968
287,167
1,627,375
1,479,052
487,504
8 80,832

17,460,913 16,774, H5
652,168
730,435
506,890
117,855
39,535
9,223
279,220
229,304

62,881
380, 509
1,687,663
1,493,876
443,592
2
130,599

49,439
99,698
1,568,983
1, 259,425
302,521
2 148,919

41,617
101,388
1,515,647
940,598
235,600
164,709

27,440, 228 29,116, 539 27,642,698

22,367,711

20,860,491

79,129
391,826
1,743,974
1, 591,339
545,873
s 94,962

1 Licensed banks, i.e., those operating on an unrestricted basis.
* Includes reserves for dividends.

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 State banking departments and number of each class of licensed banks under their supervision in June 1938, from which reports of
condition were received
Banks
Names of officials

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

Thomas A. Cooper
Willard D. Rand

Robert C. Clark
_
Arthur L. Guy_.. ____...
Latimer W. Ballou
Walter Perry

_
.. Joseph A. Broderick
William H. Kelly
William D. Gordon
Harold W. Horsey
John J. Ghingher
..
M. E. Bristow
W C Given
Gurney P. Hood
E. P. Miller
R E Gormley
J. M. Lee . .
H. H. Montgomery
J. S. Love
J. S. Brock
E. C. Brand
Marion Wasson
James R. Dorman
D. D. Robertson

Ohio
Indiana
Illinois
Michigan
Wisconsin.

I. J. Fulton
Richard A. McKiniey.
Edward J. Barrett
R. E. Reichert.
A. C. Kingston

-




-

Bank commissioner

State Loan and
(com- trust com- Stock
mercial) panies savings
__

_

_.

24

do

Commissioner of banking and insurance
Commissioner of banks
Bank commissioner
State bank commissioner
„
Superintendent of banks
Commissioner of banking and insurance..
Secretary of banking .
State bank commissioner
do.

Commissioner of insurance and banking
Commissioner of banking
Commissioner of banks
Chief bank examiner
Superintendent of banks
Comptroller State of Florida _
Superintendent of banks..
do
State bank commissioner
Commissioner, department of banking...
Commissioner, State banking department
Banking and securities commissioner
Superintendent of banks
Superintendent of banks
Director, department of financial institutions
Auditor of public accounts.
Commissioner, State banking department
Commissioner of banking

32
50

6

56
64
52
270
23
153

237

376

5

618

135

139

14
4
12

455
184
400
32
90
12

184

30

1,173

1

5

7

414

537

8

383
255
606
215
307

Total

19
191
9
75

125
233
25
14

2,514

Private

14
33
79
14
73

167
29
147
5
66

205
106
128
89
224
79
135
189
117
493
149
335
265

Mutual
savings

25
8
2
10

21
19
2
14

205
106
128
89
245
98
137
189
117
507
149
oor

265
19

2

71

11
8

35

2,570

3
4

23
58

2

co !

Virginia
West Virginia
North Carolina
,.
South
GeorgiaCarolina
Florida
Alabama
Mississippi
Louisiana
Texas...
Arkansas
Kentucky
Tennessee—
Total Southern States..

Titles

409
388
606
245
317

3

Officials of State banking departments and number of each class of licensed banks under their supervision in June 1933, from which reports of
condition were received—Continued
Banks

Location

Names of officials

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
Puerto Rico
Philippines
Total possessions
Total United States and possessions




Elmer A. Benson..
D. W. Bates
0. H. Moberly

Titles

Loan and Stock
State
(com- trust com- savings
mercial) panies

Commissioner of banks
Superintendent, department of banking
OoTTiTnissinne'' of financft

St.ato bank p,Yftminp>r
Gilbert Semingson
D. A. McCullough
Superintendent of banks
E.H. Luikart
Superintendent, department of banking
H. W. Koeneke
— Bank commissioner
Frank H. Jdhnson
Superintendent of banks
A. E. Wilde
State examiner
Grant McFerson
State bank commissioner
John Bingham
State bank examiner
W. J. Barnett.—..
Bank corn missi oner

Howard H. Hansen
A. A. Schramm
Edward Rainey
Ben Diefendorf
J. A. Malia
E. J. Seaborn
Y. C. White
W G Smith
E. S. Smith

Supervisor of banking . .
Superintendent of banks
do
O(YmmiKsinnpr offinan no
RtatA bank nnmTm'Rsinnp.r
State bank examiner
Superintendent of banks

Secretary, Territorial banking board
Bank examiner
Treasurer
Insular treasurer
_.

_

Mutual
savings
2

451
134
502

11
5
60

193

2,853

166

196

124
143
252
559
78
39
76
19
188

2
6

11

Private

13
1

464
345
563

111

3,337

3
3

13

3

3

Total

126
149
255
575
78
39
76
19
188
1,505

1,478

21

113
49
124
62
50
5
9

4
2
29

6

3

2

412

38

10

11
7
14
11

11

11
18
14
11

43

11

54

7,714

1,029

3
1
1

120
52
160
62
55
5
11

5

465

2

219

576

184

9,722

REPORT OF THE COMPTROLLER OF THE CURRENCY

111

The assets and liabilities of all reporting banks other than national
June 30, 1929 to 1933, are shown in the following statement:
Assets and liabilities of all reporting banks other than national on or about June 30,
1929-83
[In thousands of dollars]
1929 (17,794 1930 (16,827 1931 (15,266 1932 (13,013 1933 (9,722
banks)
banks)
banks)
banks)
banks)i
ASSETS

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 assets
Total
_-.

26,575,139
46,664
10, 692,203
1,006,770

25,572,918
39,986
11,056, 557
1,022,607

21,987,365
37,860
12,385, 316
1,012,388

17,792,964
10,512
11,026,589
921,932

14,280,399
7,647
10,559,032
741,137

271,977
521,925

300,567
523,463

320,807
515,738

383,165
453,223

505,459
384,078

1,847, 249
1,713,338

2, 011,426
1,640,656

1,984,093
1,779,575

1, 524,366
1,350,369

1,349,818
1,294,189

906,766
1,150, 246

1, 587,148
1,148,257

1,092,344
1,450,965

553,898
860,402

617,754
721,904

44, 732,277

44, 903, 585 42,566,451

34,877,420

30,441,417

13,845,896
20,470,522
57,869
1,453, 265

13,172,315
20, 712,790
41,758
1,657,299

11, 220, 325
20, 579, 771
212,963
2,082,329

8,464, 926
17,508,749
211,038
1,411,893

7,364,638
15,200,894
410,738
1,346,319

464,880
20,121

876,950
117,199

551,876
19, 240

324, 750
8,000

409, 750
27,016

916,196
5,863
57, 294

36,578,311
436,784
39.505
74; 962

84,666,504
304,087
302,069
496,172

27, 929, 356
741,890
9,078
249,090

24,759,855
386,028
17, 576
212, 509

1,378, 781
2,169,603
3,132, 646
609,882
2 80, 651

43,608
1,425,065
2,145,445
3, 377, 660
608,931
2173, 314

34,958
687, 312
1,982,335
3, 298,975
566, 536
2 227, 503

27,832
661,521
1, 748,881
2, 798, 645
414,077
2
297,050

34,683
502, 532
1,383,894
2,430, 723
410,646
303,471

44, 732,277

44,903,585

42,566,451

34,877,420

30,441,417

LIABILITIES

Demand deposits
Time deposits (including postal savings)—.
United States deposits
Due to banks
Certified and cashiers' checks and cash
letters of credit and travelers' checks
outstanding
Deposits not classified
Total deposits

Bills payable and rediscounts
Agreements to repurchase securities sold...
Acceptances executed for customers
Interest, taxes, and other expenses accrued
and unpaid
Other liabilities
Capital stock
__
Surplus
_.
Undivided profits, net
.
Reserves for contingencies
Total
._..

>6,312,553

1 Licensed banks; i.e., those operating on an unrestricted basis.
2 Includes reserves for dividends.




112

REPORT OF THE COMPTROLLER OF THE CURRENCY

The assets and liabilities of State (commercial) banks June 30,
1929 to 1933, are shown in the following statement:
Assets and liabilities of State (commercial) banks, June 1929 to 1983
[In thousands of dollars]
1929—
14,437
banks

Loans and discounts (including rediscounts). 10,361,723
Overdrafts.
_
38,016
Investments..
3,084,672
Banking house, furniture and fixtures
464,469
Real estate owned other than banking house.
152, 629
313,997
Cash in vault
Reserve with Federal Reserve banks or other
866,173
reserve agents
Due from banks
903,315
Exchanges for clearing house and other cash
items
_
Other assets
_
340,462
Total-.

16,824,315

1930—
13,582
banks

1931—
12,259
banks

193210,455
banks

1933—
7,714
banks*

9, 216,468
33,918
2,947, 712
436, 235
145,012
294,852

7, 270,126
32, 210
2,937, 642
401,035
134,412
274,922

848,129
817,049

814,368
790,273

541,297
541,533

458,227
440,261

188,341
342,186

130,069
325, 070

73,504
238,052

138,185
172,296

15, 269,902 13,110,127

5,130, 709 3,117,862
4,490
2,950
2,266,923 1,709,582
323,544
220,451
133, 274
109,018
225,472
183,310

9,478,798 6, 552,142

LIABILITIES

Demand deposits.
Time deposits (including postal savings)
United States deposits
Due to banks
—_
Certified and cashiers' checks and cash letters
of credit and travelers' checks outstanding
Deposits not classified
Total deposits..
Bills payable and rediscounts
Agreements to repurchase securities sold
Acceptances executed for customers
Interest, taxes, and other expenses accrued
and unpaid.
Other liabilities
_.
Capital stock
Surplus
Undivided profits—net
Reserves for contingencies
_
Total.

6,515,263
6,298,456
7,310
649,980

5,636,021
5,953,921
4,269
647,985

104,715
113,219
70, 772
5,538
2,742
13,586,970 12,885,792 10,641,443
249, 083
454, 842
180, 357
37, 594
3,148
17,023
66, 312
44, 279
54, 073
41, 554
439, 768
1,155,878
804, 400
237,422
2 56, 054
16, 824, 315

26, 278
350,849
1,080,960
746, 812
239,420
2 86,802
15, 269, 902

1 Licensed banks; i.e., those operating on an unrestricted basis.
2
Includes reserves for dividends.




4,581,490
5, 274,952
86,165
622, 526

25, 693
278,682
956, 206
665, 752
200,992
2 89,906
13,110,127

3,076, 752 2,424,214
3, 569, 752 2,140,489
81,083
91, 299
378, 393
291,788
43, 663
4,461

85, 779
5,638

7,154,104 5,089,207

467,081
7,078
36, 720

229,231
12, 776
24, 620

20, 633
237,453
805, 332
526,841
127, 382
2 96,174

9,948
165,915
554, 517
337,280
90,925
87,723

9,478, 798

6, 552,142

113

REPORT OF THE COMPTROLLER OF THE CURRENCY

The assets and liabilities of loan and trust companies June 30,
1929 to 1933, are shown in the following statement:
Assets and liabilities of loan and trust companies, June 1929 to 1983
[In thousands of dollars]
1929—1,608 1930—1,564 1931—1,469 1932—1,235 1933—1,029
banks
banks
banks
banks *
banks
ASSETS

Loans and discounts (including rediscounts). 9,311,879
Overdrafts
7,585
Investments
3,421,673
Banking house, furniture and fixtures
385,112
Real estate owned other than banking house.
68,221
Cash in vault
_.
156,580
Reserve with Federal Reserve banks or
923,415
other reserve agents
_
Due from banks
553,577
Exchanges for clearing house and other cash
594,823
items..
Other assets
732,310

9,475,936
5,585
3,835, 746
428,889
83,188
176,126

7,860,418
5,272
4,* 589, 659
452, 270
96, 218
186,193

5,901,338
5,796
4, 202, 012
434,935
98,121
156, 397

4, 733,809
4,572
4,426, 941
362, 557
119, 772
126,050

1,045,843
531,883

1,058, 734
615,469

891,902
427,646

798,999
503,758

1,392,996
726, 468

957,102
1,039, 655

475,819
524,864

476,014
443,868

16,155,175

17, 702, 660

16,860,990

13,118,830

11,996,340

6,956,032
3,989, 532
44,134
792,134

7, 363, 000
4, 248,970
34,677
1,001,867

6,493, 383
4,157,143
122,992
1,452, 777

5, 285,355
2,988, 301
127, 256
1,028,976

4,874,481
2,588,093
311,073
1,052,085

350,881
13,985

771, 207
76,929

480, 631
13,106

280, 601
3,511

323,601
18,587

12,lJfi,698
Total deposits
--.
Bills payable and rediscounts
437,992
Agreements to repurchase securities sold
2,669
Acceptances executed for customers
12,942
Interest, taxes, and other expenses accrued
24,394
and unpaid
916,053
Other liabilities
Capital stock
941, 333
Surplus
_. 1,454, 504
Undivided profits—net
208, 632
Reserves for contingencies
2 9,958

13, 496,650
172, 500
1,910
8,628

12,720,032
109, 631
285,046
442, 099

9,714,000
238, 984
2,000
212, 367

9,167,920
134,296
4,800
187,889

16,141
1,057, 788
995, 555
1, 684,184
200,102
2 69, 202

7,113
394, 312
967, 432
1, 620, 525
186,896
2 127,904

5,877
394, 716
894, 056
1, 343,982
123, 761
2 189,087

21,055
307,975
793, 651
1,009, 604
168,814
200, 336

17, 702, 660

16,860,990

13,118,830

11,996,340

Total
LIABILITIES

Demand deposits
Time deposits (including postal savings)
United States deposits
Due to banks
Certified and treasurers' checks and cash letters of credit and travelers' checks outstanding
Deposits not classified
_

Total

16,155,175

1 Licensed banks; i.e., those operating on an unrestricted basis.
2 Includes reserves for dividends.




114

REPORT OF THE COMPTROLLER OF THE CURRENCY

The assets and liabilities of stock savings banks June 30, 1929 to
1933, are shown in the following statement:
Assets and liabilities of stock savings banks, June 1929 to 1988
[In thousands of dollars]
1931—654
banks

1932—502
banks

1933—219
banksl

919,318
187
378,933
41,105
21,799
16,018

761, 320
165
365,912
32, 753
21,444
14, 738

591,998
93
350,573
26, 733
21,735
14,175

444,942
16
309,347
18,689
20,250
10,655

93,960

89, 247
46,925

75,846
44, 695

54,359
26,731

45,794
25,305

6,060
2,003

3,513
4,064

3,095
1,433

2,018
1,817

2,168
1,713

1, 589,845

1,521,109

1,321,401

1,090,232

878,879

219, 770
Demand deposits
1,230, 228
Time deposits (including postal savings)
5, 381
United States deposits
8,107
Due to banks
.-..-.
Certified and cashiers' checks and cash letters
372
of credit and travelers' checks outstanding.
165
Deposits not classified

128,304
1,260,852
2,812
6,308

114,195
1,085,008
3,806
6,175

80,406
893,898
2,699
4,265

43,756
751,607
8,366
2,268

640
18

349
566

291
2

212

Total deposits
.
Bills payable and rediscounts,.
Acceptances executed for customers
Interest, taxes, and other expenses accrued
and unpaid
Other liabilities
Capital stock..
Surplus
Undivided profits—net
Reserves for contingencies

464,023
5,336
54

1,398,934

1,210,099

4,223

981,659
17,113

5,412

1,570
1,176
62,487
40, 513
13,624
2 1,062

521
1,201
60,336
40,666
13,320
2
2,086

457
975
51,855
39,399
11,980
2
2,413

705
722
43,964
33,772
8,861
2
3,536

446
718
30,863
26,144
5,363
3,724

1, 589,845

1, 521,109

1,321,401

1,090,232

878,879

Loans and discounts (including rediscounts).
Overdrafts—
_
Investments..
Banking house, furniture and fixtures
Real estate ownedot her 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 assets
Total-

1929—747
banks

1930—714

1,006,325
230
382, 262
43,502
21, 270
17, 345

banks

LIABILITIES

Total..
1
8

4,045

Licensed banks; i.e., those operating on an unrestricted basis.
Includes reserves for dividends.




Number of stock savings banks, number of savings depositors, savings deposits, and average deposit account, by States, June 80, 1982 and 1988
1933

1932

Location

New Jersey
District of Columbia.
Total Eastern States
Florida
Alabama
Total Southern States
Michigan
Iowa
Total Middle Western States
Nebraska
Oregon
California
Utah
Nevada
Arizona
Total Pacific States
Total United States.
1

Number
of
banks

Depositors 1

Deposits 2




Average
rate of
interest
paid
Percent
3.50
3.50

Number
of
banks 3

Depositors 1

Deposits 2

Average
due each
depositor

$26,344,000
7,717,000

$661.88
189.65

8

80,492

34,061,000

423.16

2

4100,000

2,219, 000

22.19

2

100,000

2,219,000

22.19

3
193

18,112
97, 465

12,393,000
44,342,000

684.24
454.95

196

115, 577

56, 735,000

490.88

3

3,595

1,017,000

282.89

3.00

1,016, 616 «592,474,000
15, 207,000
50,426

582. 79
301.57

3.50
3.00

3,876,000

327.12

3.00

611, 557,000

566.84

$26,252,000
22,236,000

$661.08
164. 47

23

174,909

48,488, 000

277. 22

1
4

4 2, 419
61, 000

541, 000
3, 358, 000

223. 65
55.05

5

63,419

3,899,000

61.48

3
451

18, 708
265,906

12,853,000
106, 714,000

687. 03
401. 32

454

284, 614

119, 567,000

420.10

5

6,880

1,416,000

205. 81

3.00

1
11
2
1

1,200
1,034,771
48,164
3,780

416,000
5 639, 393,000
15, 786,000
3, 571,000

346.
617.
327.
944.

3.00
3.75
4.00
4.00

6
2
2

11, 849

15

1, 087,915

659,166,000

605. 90

10

1, 078,891

502

1, 617,737

832, 536,000

514. 63

219

1, 378, 555

705, 589, 000

511.83

07
91
76
71

3.50
3.75

Percent
3.50
3.50

39,802
40,690

39, 711
135,198

3.50
4.00

Average
rate of
interest
paid

1
7

1
22

Represents number of savings pass-book accounts.
Represents deposits evidenced by savings pass books and time certificates of deposit.
Licensed banks; i.e., those operating on an unrestricted basis.
* Estimated.
* Includes savings of departmental banks.
32

Average
due each
depositor

4.00

o

3.00
3.00

o

116

REPORT OF THE COMPTROLLER OF THE CURRENCY

The assets and liabilities of mutual savings banks June 30, 1929 to
1933, are shown in the following statement:
Assets and liabilities of mutual savings hanks, June 1929 to 1983
[In thousands of dollars]
1929—
611 banks

1930—
606 banks

1931—
600 banks

1932—
594 banks

5,801,489

5,896, 023
2
3,872,417
113,162

6,051,133
4,475,169
123, 373

6,140,556
2
4,194,572
134,442

5,941,048

3,775,770
110, 269
23,059
31,495
35,986
150,137

44, 243
34,404
25,856
234,713

65,432
38, 22933, 566
320,619

127, 538
55,994
35,646
349,158

253,482
62,781
45,419
319,100

5,946
72,301

1,779
72,709

1,852
82,415

2,436

1,240
102,645

10,006,452

10,295,308

11,191,788

11,134,142

10,967,143

98,473
8,903,126
182

10,305
9, 205, 258
173

3,718
10, 031,124
453

3,351
10,035,423
92

3,132
9,709,861
113

46
1,519

152

36

152

126
20

9,003, Slfi
1,366

9,215,888
673

10,035,331
4,528

10,039,018
17,477

9,713,252
16,271

147, 725
213,527

9,458
898, 871
154,623
215,157

1,661
9,557
968,121
165,417
2 7,173

604
25,661
890,026
153,222
2 8,134

3,158
24,706
1,054,370
144,687

10,006,452

10,295,308

11,191,788

11,134,142

10,967,143

1933—

576 banks1

ASSETS

Loans and discounts (including rediscounts).
Overdrafts.
Investments
—
Banking house, furniture and fixtures
Heal estate owned other than banking
house..
-Cash in vault
_.Reserve with reserve agents
Due from banks
Exchanges for clearing house and other
cash items
_
Other assets
Total.

4,103,176
138,252

LIABILITIES

Demand deposits
Time deposits (including postal savings)—.
Due to banks
__•_..
Certified and cashiers' checks, cash
letters of credit and travelers' checks
outstanding
_
_.
Deposits not classified
Total deposits....
Bills payable and rediscounts
Interest, taxes, and other expenses accrued
and unpaid
Other liabilities
Surplus
Undivided profits—net
Reserves for contingencies
Total..
1

1,229
15,566

Licensed banks; i.e., those operating on an unrestricted basis, together with banks having limitations
onJ deposit withdrawals in Maine, New Hampshire, Vermont, Massachusetts, and New York.
Includes reserves for dividends.




Number of mutual savings banks, number of savings depositors, savings deposits, and average deposit account, by States, June 80, 1982 and 1938
1933

1932

Location

Number Depositors1
of banks

Maine
_
New Hampshire _
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey 6
_
Pennsylvania
Delaware
Maryland
__Total Eastern States
Ohio
. —_
Indiana
Wisconsin
Minnesota
Total Middle Western States
Washington
California
Total Pacific States
Total United States
21

-

.-

*

_
_

Average
due each
depositor

Average
rate of in- Number3 Depositors*
terest paid of banks
Percent
4.00
4.00
3.75
4.74
4.34
4.63

$118, 763,000
* 197, 656,000
82,437,000
2,089,101,000
172. 626, 000
668, 847, 000

$530.86
642.93
703. 23
733. 38
902. 21
733. 47

379

223,718
307,428
117, 226
2,848, 601
191, 336
911,897
4, 600, 206

3, 329, 430, 000

723. 76

146
25
8
2
14

5,867,718
568,125
629, 928
49,091
340, 778

5, 286,973,000
309, 336, 000
506,830. 000
27, 779,000
216,195,000

4.00
3.82
3.77
4.50
3.50

195

7, 455, 640

6,347,113,000

901. 03
544. 49
804. 58
565.87
634. 42
851. 32

3
5
6
2

146,605
7 31, 743
15, 420
100, 509

113, 295, 000
19,381,000
6,063, 000
62,680,000

772. 79
610. 56
393.19
623. 63

4.00
4.00
3.00
3.50

16

294, 277

201,419,000

684. 45

32
50
19
194
9
75

..-

Deposits 2

Deposits 2

Average
due each
depositor

32
50
19
191
9
75

218, 245
265, 655
122, 279
2,806, 667
187, 296
907,152

$117,049,000
5 175, 737,000
77,879, 000
2,042, 624,000
170,675,000
652,109,000

378

4, 507, 294

3, 236,073,000

717.96

139
25
8
2
10
184

6, 272, 371
487, 536
630,347
48, 307
299, 345

5,134,980,000
304,374,000
500,204, 000
27,817,000
176,184,000

818. 67
624.31
793.54
575.84
588. 57

7, 737, 906

6,143, 559,000

793.96

3
4
2
2
11

146, 670
? 26, 935
3,902
? 92, 512

107, 705,000
16,446,000
1,878,000
57, 693,000

734.34
610.58
481. 29
623. 63

270,019

183, 722,000

680. 40

3

99, 285

53, 026, 000

534. 08

4.00

3

97,101

1
4

72, 342

90,864, 566

3.50

143, 890,000

1
5

71,281

171, 627

1, 256. 03
838. 39

168,569

594

12, 521, 750

10,021, 852,000

800. 36

576

12, 683, 788

-j

107

46,767,000

$536.32
661.52
636.90
727. 77
911. 26
718.85

481.63

34 nc\c\

181 539

89,354,000
136,155,000

1,253.55
807. 71

9, 699,509,000

764. 72

Average
rate of interest paid
Percent
3.75
3.63
3.00
4.74
4.01
4.13

3
o

3.50
3.48
3.77
4.50
3.00
3.00
3.00
3.00
3.50
4.00

o

F
F
O
W

3.50

Represents number of savings pass-book accounts.
Represents deposits evidenced by savings pass books and time certificates of deposit.
3 Licensed banks; i.e., those operating on an unrestricted basis, together with banks having limitations on deposit withdrawals in Maine, New Hampshire, Vermont, MassEichusetts, arid New York.
4 Includes savings of 10 trust companies and 10 guaranty savings banks.
* Includes business of 10 guaranty savings banks.
*7 Includes returns from 1 stock savings bank.
Estimated




O

3

118

REPORT OF THE COMPTROLLER OF THE CURRENCY

Number of savings banks (mutual and stock) in the United States, number of
savings depositors, amount of sayings deposits,
and average amount due each
depositor June 30, 1914 to 1983, inclusive 1
[For prior years, see annual report for 1920, vol. 1, pp. 236-242]

Year

1914—Mutual savings banks..
Stock savings banks
1915—Mutual savings banks..
Stock savings banks
1916—Mutual savings banks..
Stock savings banks
1917—Mutual savings banks..
Stock savings b a n k s . . .
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 banksStock savings banks
1930—Mutual savings banks.
Stock savings banks
1931—Mutual savings banksStock savings banks
1932!—Mutual savings banks _
Stock savings banks
1933—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
594
502
576
219

Depositors

!

8,274,418
2,228,020
8,305, 562
2,380,496
8,590,746
2,297,911
8,935,055
2,431,958
9,011,464
2,368,089
8,948,808
2,486,073
9,445, 327
1,982,229
9,619, 260
2,464,265
9,665,861
2,883,136
10,057,436
3,282,897
10,409,776
3,562,017
10,616,215
4,040,312
11,053,886
4,107,913
11,337,398
3,476,873
11,732,143
3,272,415
11,748,085
2,295, 529
11,895,075
2,207, 519
12,356,114
1,918, 578
12, 521,750
1,617,737
12, 683, 788
1,378, 555

Deposits 8

$3, 915,143,400
835,448,768
3,946,069,043
856,546,005
4,135, 552,045
854,235,985
4,340,805,483
960,742, 593
4,344,166,606
1,006,406,927
4, 723,629,000
1,128,331,000
5,172,348,000
1,319,654,000
5,395, 552,000
1,363,451,000
5,686,720,000
1,384,004,000
6,282,618,000
1,428,883,000
6,686,366,000
1, 543, 245,000
7,139,510,000
1,790,514,000
7,558,668,000
1,746,642,000
8,054,868,000
1,453,035,000
8,665, 592,000
1,338,011,000
8,890,790,000
1,227,035,000
9,190,969,000
1,166,192,000
10,017, 225,000
1,022,085,000
10,021, 852,000
832, 536,000
9, 699, 509,000
705, 589,000

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
810.71
532. 73
800.36
514.63
764. 72
511.83

* Revised.
2 Represents number of savings pass-book accounts.
s Represents deposits evidenced by savings pass-books and time certificates of deposit.
4 Includes estimated returns of 106 banks in California. (See p . 141, Comptroller's Report for 1921.)




KEPORT OF THE COMPTROLLER OF THE CURRENCY

119

The assets and liabilities of private banks June 30, 1929 to 1933, are
shown in the following statement:
Assets and liabilities of private banks, June 1929 to 1933
[In thousands of dollars]
1920—391 1930-361 1931—284 1932—227 1933—184
banks
banks
banks
banks 1
banks
ASSETS

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
Due from banks
-.
Exchanges for clearing house and other cash items
Other assets
Total..

93,723
833
27,826
3,418
6,798
2, 508
4,787
12, 349
1,078
3,170

65,173
294
21,749
3, 216
6,325
2,063
2,351
10,086
519
2,830

44, 368
213
16, 934
2,957
3,301
1,656
1,579
8,519
226
2,392

28,363
131
12,509
2,278
2,497
1,185
1,162
5,301
121
1,871

22, 738
109
9,986
1,188
2,937
1,282
1,379
5,765
147
1,382

156,490

114,606

82,145

55, 418

46,913

Demand deposits
-..
Time deposits (including postal savings)
United States deposits
Due to banks
Certified and cashiers' checks and cash letters of
credit and travelers' checks outstanding
Deposits not classified

56, 358
49,180
,044
2, 882

34,685
43,789
966

27, 539
31, 544

19,062
21, 377

19,055
10, 844
65

382
1,710

236
1,371

Total deposits
_
Bills payable and rediscounts
Agreements to repurchase securities sold
Acceptances executed for customers
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Capital stock
Surplus
-.
Undivided profits—net
Reserves for contingencies

111,516
16, 660
46
19

81,047
10, 483
1
22

59,599
5, 348

40, 675
1,235

82,767
818

61
6,218
9,905
9,536
2,479
2 50

30
5,769
8,594
7,127
1,466
2 67

34
3S786
6,842
5V178
1,251
2 107

13
2,969
5,529
4,024
851
2 119

76
3,218
4,863
3,325
857

156,490

114, 606

82,145

55, 418

46,913

LIABILITIES

Total..

i Licensed banks; i.e., those operating on an unrestricted basis.
Includes reserves for dividends.

3

31460°—34



167

32
2,771

30

120

REPORT OF THE COMPTROLLER OF THE CURRENCY
BANKS IN THE DISTRICT OF COLUMBIA

The statement following shows the amount of assets and liabilities
of licensed banks in the District of Columbia, by classes, on June 30,
1933:
Statement of assets and liabilities of licensed banks in the District of Columbia,
by classes, June 30, 1933
[In thousands of dollars]

Number of ba/nlcs

Trust
companies

Savings
and State
banks

Total all
banks

National
banks

20

8

1,021

1,021

292
46

292
25

2,000
48
33,097

2,000
15,712

48
14,795

73
23,655
28, 898
89,030

73
2,487
19, 765
41,375

18,247
4,540
87, 630

10, on

27

14

12

1

48,122
11,834
2,095
20
62, 071

37,696
7,988
886

9, 714
3,759
1,209

712
87

46,670

14,682

4,322
4,276
5,894
6,005
697
3,787
1, 581
96

2,309
1,425
2,446
2,406
409
303
1,008
5

1,775
2,532
2,935
3,014
288
3,089
573
91

238
319
513
585

424

184

159

81

847

357

27,929

416
10,911

14,813

74
2,205

11
15, 821
4,924
16,970

11
6,283
1,002
11,038

8,295
3,692
5,932

1,243
230

12
10
9,956
9,978

9
4
5,854
5,867

1
3,538
8,539

2
6
564
672

2,701
22, 735
3,954

2,318
13,401
2,519

383
7,656
1,098

1,678
337

2
90

2

29,482

18,240

2
86
9,226

2,017

553
221
677
257, 694

355
221
152

180

18

500

25

142,039

98,500

17,155

5

7

ASSETS

Loans and discounts:
Commercial paper bought in open market
Loans to banks and trust companies:
On securities
All other
_.. . . _
Loans on securities, exclusive of loans to banks:
To brokers and dealers in New York City
To brokers and dealers elsewhere
To others .
Real estate loans, mortgages, deeds of trust, and other liens
on real estate:
On farm land
On other real estate
All other loans..
Total

Overdrafts
.
.
United States Government securities:
Bonds (including bonds deposited to secure circulation)
Treasury notes.Certificates of indebtedness
Treasury bills
__
_.
Total

Other bonds, stocks, and securities, etc.:
Domestic securities:
State, county, and municipal bonds
Railroad bonds
Other public service corporation bonds
All
other
bonds Reserve bank __
_
Stock
of Federal
Stock of other corporations
Collateral trust and other corporation notes
All other, including claims, judgments, etc
Foreign securities:
Government bonds
Other foreign securities, including bonds of municipalities, etc
.._
_._
Total.

Customers' liability account of acceptances
Banking
house,
furniture
and banking
fixtures .house
Real estate
owned
other than
Reserve with Federal Reserve banks
Cash:
United States gold coin „ .
Gold certificates
_.
All other cash in vault

.

Total

Due from banks:
Items with Federal Reserve bank in process of collection...
Due from banks and trust companies in the United States.
- Exchanges for clearing house and other checks on local banks.
Balances payable in dollars due from foreign branches of
other American banks
Due from banks and bankers in foreign countries
Total
Outside checks and other cash items
Redemption fund and due from United States Treasurer
Other assets
Total - - -




21

2,590

2,821
4,593

20
819

395

2

REPORT OF THE COMPTROLLER OF THE CURRENCY

121

Statement of assets and liabilities of licensed banks in the District of Columbia,
by classes, June SO, 1938—Continued
[In thousands of dollars]
Total all National
banks
banks

Trust
companies

Savings
and State
banks

LIABILITIES

Demand deposits:
Individual deposits subject to check
Certificates of deposit
_
Public funds of States, counties, school districts, or other
subdivisions or municipalities
Other demand deposits
_
Total..
Time deposits, including postal savings:
Public funds of States, counties, school districts, or other
subdivisions or municipalities
Deposits of other banks and trust companies located in
United States
Other time deposits:
Deposits evidenced by savings passbooks
Certificates of deposit
~_
..
Christmas savings and similar accounts
_
Open accounts
Postal savings deposits
Total....

•

United States Government deposits
Due to banks, including certified and cashiers' checks, and
cash letters of credit and travelers' checks outstanding:
Due to Federal Reserve bank (deferred credits)
Due to other banks and trust companies in United States..
Due to banks in foreign countries
_
Certified and cashiers' checks, including dividend checks,
outstanding
-•
Letters of credit and travelers' checks sold for cash and
outstanding.
•

103,953
655

58,001
529

41

41
4,337

590

109,587

62,908

41,681

5,048

500

500
29,379
2,176
677

7,094
623

32,232

9,396

4,S

Total deposits..
National-bank notes outstanding
Agreements to repurchase United States Government or other
securities sold
•
Bills payable and rediscounts:
Advances received on reporting banks' own promissory
notes:
From Federal Reserve bank
From all other sources—
_
Rediscounts:
Notes and bills rediscounted, including notes and bills
sold under repurchase agreement or with recourse to
reporting banks:
With Federal Reserve banks
_
Another
Total..
Acceptances executed by other banks for account of reporting
banks
_
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Capital stock
_
Surplus.._
Undivided profits—net
Reserves for contingencies
Total.




4,933
104

65

40

70,367
5,247
1,912
3,052
2,594
83,737

33,894
2,448
626
2,434
2,168
49,110

2,360

2,329

1,668
13,671

1,521
11,628
191

147
2,017
42

26

1,040

494

47

233
1,581

25

426

31

38

46
17,199

Total

41,019
22

212,883

1*1,765

4,413

4,413

87

87

2,708

73

76,571

14,547

205

205

25

25

230

230

17,350
13,765
4,785
2,578
257,694

11
262
99
6,950
5,100
2,549
142,039

802
9,400
7,700
2,033
1,688

121
2
1,000
965
203
87

98,500

17,155

122

REPORT OF THE COMPTROLLER OF THE CURRENCY

The assets and liabilities of banks in the District of Columbia June
30, 1929 to 1933, are shown in the following statements:
Assets and liabilities of national banks in the District of Columbia June 30, 1929-83
[In thousands of dollars]
1929—12
banks

1930—12
banks

1931—12
banks

1932—12
banks

95,156
35
23,207
12,489

88,658
27
23,852
12, 779

10,428
1,436
9,307
2,799
16,477

10, 740
1,551
9,508
2,879
19,904
470

81,282
20
31,633
19,691
15
11,147
2,268
9,907
4,854
25,194
528

71,202
23
41,046
19,414
39
11,309
2,950
9,796
4,217
16, 371
542

41,375
14
46, 570
10,911
11
6,283
1,002
11,038
5,867
18,240
355

247
1,140
496

243
335
1,948

211
680
1,360

221
570
1,3

221

173,822

172,894

188,790

179,098

142,039

75,317
46, 507
3,660
13,731

71,414
53,926
1,732
14,431

75,479
62,141
1,713
18,019

66,621
64,047
1,501
14,601

62,908
42,110
2,329
14,418

189,215
4,891

141,608
4,905

167,852
4,188

146,770
4,389

121,766
4,413

195
4,715

2,053
200

1,659
200

38
3,361

87

1,140

335

15
680

39
570

1933—8
banks *

ASSETS

Loans and discounts, including rediscounts 3
Overdrafts
^
United States Government securities owned..
Other bonds, stocks, securities, etc., owned
Customer's liability account of acceptances
Banking house, furniture and fixtures
Real estate owned other than banking house
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
Securities borrowed
Other assets
Total..
LIABILITIES

Demand deposits
Time deposits, including postal savingsUnited States 3deposits
..Due to banks
Total deposits
_
National-bank notes outstanding
Agreements to repurchase United States Government
or other securities sold
Bills payable and rediscounts
Acceptances executed by other banks for account of
reporting banks
_
Securities borrowed
Interest, taxes, and other expenses accrued and
unpaid
_..
Other liabilities
Capital stock
_
Surplus
Undivided profits, net
Reserves for contingencies
Total..

152

392
172
10, 775
8,825
2,828
*674

441
47
10, 775
8,625
2,993
* 1,017

478
50
11,175
8,725
3,296
*972

515
92
11,175
8,725
2,604
•820

262
99
6,950
5,100
2,549
803

173, 822

172,894

188,790

179,098

142,039

1
Licensed banks; i.e., those operating on an unrestricted basis.
2
Includes customers' liability under letters of credit.
*4 Includes certified and cashiers' checks and cash letters of credit and travelers' checks outstanding.
Includes reserves for dividends.

Assets and liabilities of loan and trust companies in the District of Columbia
June 80, 1929-83
[Tn thousands of dollars]
1929—
7 banks

1930—
6 banks

1931—
5 banks

1932—
1933—
5 banks 5 b a n k s l

66,006
34
3,307
16,184
10,043
318

56,060
14
7,004
15,136
9,994
868

46,532
19
11,990
19,013
6,991
1,300

41,318
8
13,836
17,341
8,193
2,975

1,576
12,306
400
14
434

1,565
12,819
509

2,379
12,251
370

3,671
7,518
312

397

1,326

726

500

110,622

104,366

102,171

95,898

98,500

ASSETS

Loans and discounts, including rediscounts 3
Overdrafts
_..
United States Government securities owned
Other bonds, stocks, securities, etc., owned
Banking house, furniture and fixtures
Real estate owned other than banking house.._
Reserve with Federal Reserve bank
Cash in vault
Due from banks
Outside checks and other cash items
Due from United States Treasurer
Other assets
Total
1

Licensed banks; i.e., those operating on an unrestricted basis.

3
Includes customers' liability under letters of credit.



37,630
12
14,682
14,813
8,295
3,692
5,932
3,539
9,225
180

REPORT OF THE COMPTROLLER OF THE CURRENCY

123

and liabilities of loan and trust companies in the District of Columbia June
30, 1929-83— Continued
[In thousands of dollars]
1929—
7 banks

1930—
6 banks

1931—
5 banks

1932—
5 banks

52,451
29,640
51
2,196

46,750
29,589
431
2,493

44,674
29,637
210
3,120

38,551
31,655
2
2,277

41,631
32,232

84,338

79,263

77,641

72,485

76,571

388
456

1,091

500
276
1,369
11,400
9,468
2,917
4
354

275
837
10,400
9,950
2,473
«324

291
893
9,400
9,750
2,768
*337

306
871
9,400
9,750
2,687
*399

306
802
9,400
7,700
2,033
1,688

110, 622

104, 366

102,171

95,898

98,500

1933—
5 banks

LIABILITIES

Demand deposits
.
Time deposits, including postal savings
United States 3deposits
Due to banks
Total deposits

Agreements to repurchase United States Government
or other securities sold
_„
Bills payable and rediscounts
Interest, taxes, and other expenses accrued and unpaid
_
Other liabilities
Capital stock
_ _. __
Surplus
Undivided profits, net
Reserves for contingencies
„
Total

2,708

3 Includes certified and treasurers' checks and cash letters of credit and travelers' checks outstanding.
* Includes reserves for dividends.

Assets and liabilities of savings and State banks in the District of Columbia June 30,
1929-33
[In thousands of dollars]
1932—
1929—
1930—
1931—
22 banks 22 banks 22 banks 22 banks

1933—

7 banks *

ASSETS

Loans and discounts, including rediscounts 2
Overdrafts.
United
States. Government securities owned
Other bonds, stocks, securities, etc., owned._
Banking house, furniture and fixtures
Real estate owned other than banking house
Cash in vault...
Due from banks
Outside checks and other cash items.
Securities borrowed
Other assets
.
Total.-.
_
-___

_

33,090
10
455
5,995
2,520
576
1,267
3,267
76

31,934
9
497
6,809
2,691
729
1,116
3,411
63

27,985
9
2,206
6,774
2,802
1,004
1,020
3,182
22

10,025
1
819
2,205
1,243
230
572
2,017
18

97

165

30,436
4
1,243
7,620
2,693
866
1,199
4,948
61
30
119

136

25

47,353

47,424

49,219

45,140

17,155

14, 964
25, 555

15, 040
25,695

15, 771
27,123
20
390

13, 308
25,032
5
380

5,048
9,395
31
73

LIABILITIES

Demand deposits
Time deposits, including postal savingsUnited States deposits
Due to banks 3
_ _.
Total deposits

Bills payable and rediscounts
Securities borrowed
Interest, taxes, and other expenses accrued and unpaid ..
__
Other liabilities
Capital stock
Surplus
._
Undivided profits, net
Reserves for contingencies
Total
1

339

465

40,858
806

41,200
352

43,304
60
30

38, 725
933

H547
230

137
22
2,705
1,880
811
4 134

163
24
2,753
1,904
859
4 169

161
48
2,753
1,827
840
4 196

193
64
2,753
1,743
579
4 150

121
2
1,000
965
203

47,353

47,424

49,219

45,140

87
17,155

Licensed banks; i.e., those operating on an unrestricted basis.
customers' liability under letters of credit.
Includes certified and cashiers' checks and cash letters of credit and travelers' checks outstanding.
4Includes reserves for dividends.

3includes




124

HEPOET OF THE COMPTROLLEK OF THE CURRENCY

Earnings and dividends of hanks other than national in the District oj
Columbia
The following statement shows comparative figures concerning the
earnings and dividends of banks other than national in the District of
Columbia for the years ended June 30, 1933 and 1932:
Earnings and dividends of trust companies and savings banks in the District
of Columbia
[In thousands of dollars]
6 months ended
Dec. 31, 1932
5 trust
companies
Capital, par value:
Common
__
Preferred
Total
Surplus
Total capital and surplus
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds,
stocks, and other securities
Interest on balances with other
banks .
__ .
Collection charges, commissions,
fees, etc
Foreign department (except interest on foreign loans, investments, and bank balances)
Trust department .
Service charges on deposit Accounts
Other earnings
Total
Expenses:
Salaries and wages
Interest on deposits of other banks.
Interest on other demand deposits.
Interest on other time deposits
Interest and discount on borrowed money
Taxes .
Other expenses.
Total current expenses
"Withdrawals from reserves for
expenses of previous periods
accrued and unpaid. (See
detail on p. 125)__
Grand total
Net earnings
Recoveries, profits on securities, etc.:
On loans
On bonds, stocks, and other securities
Allother
Total.
.'.. Total net earnings, recoveries,
etc
1
2

9,400

17 sav22 total
ings
banks banks

2,240

11,640

Year Year
ended ended
June 30, June 30,
1932,
5 trust 7 sav- 12 total 1933,
12 2
27
com- ings banks1 banks
banks
panies banks
9,400

1,000

10,400 310,400

9,400
9,750

2,240
1,679

11,640
11,429

9,400
7,700

1,000
965

10,400
8,665

3

19,150

3,919

23, 069

17,100

1,965

19,065

3

1,144

739

1,883

992

345

654

210

864

627

62

28

9

37

22

68

44

"•12

62

3
348

1

4
348

6
263

18
242

41
71

59
313

20
255

2,505

1,115

3,620

672
9
149
466

319
8
28
290

247
267
1,810

10,400
8 8,665

12,153
12,153
11,493

19, 065

23, 646

1,337

3,220

4,385

689

1,553

1,783

3

25

62

102

23

85

197

99

6
263

10
611

13
639

21
26

41
281

100
594

991

2, 247

480

2,727

6,347

8,012

991
17
177
756

613
5
99
452

140
3
3
131

753
8
102
583

1,744
25
279
1,339

2,138
20
414
1,648

42
56
194

42
303
461

44
211
331

20
25
98

64
236
429

106
539
890

37
657
1,123

937

2,747

1,755

420

2,175

4,922

6,037

259

65

324

2,069
436

1,002
113

3, 071
549

1,755
492

420
60

2,175
552

5,246
1,101

6,037
1,975

12

12

10

2

12

24

90

89
1

17
1

106
2

88
55

3

91
55

197
57

36
15

90

30

120

153

5

158

278

141

526

143

669

645

65

710

1,379

2,116

Licensed banks.
Number of reporting banks June 30, 1933.
3 Capital and surplus as of June 30, 1933.




6 months ended
June 30, 1933

324

125

REPORT OF THE COMPTROLLER OF THE CURRENCY

Earnings and dividends of trust companies and savings banks in the District
of Columbia—Continued
[In thousands of dollars]
6 months ended

6 months ended
June 30,1933

Dec. 31, 1932

Year Year
ended ended

5 trust 17 sav- 22 total 5 trust 7 sav- 12 total
com- ings
com- ings
panies banks banks panies banks banks
Losses and depreciation:
On loans
_ .
.
On bonds, stocks, and other
securities
_ -_
On banking house, furniture and
fixtures
Other losses and depreciation
Total current period
_
Withdrawals from reserves for
depreciation of previous periods
on real estate. (See detail
below.)
Grand total
Net addition to profits.
Dividends
Ratios:
Dividends to common capital3
percent..
Dividends to3 common capital
and surplus __
percent._
Net addition 3to profits to common capital
percent..
Net addition to profits to common capital and surplus3
percentDetail of withdrawals from reserves
for expenses of previous periods accrued and unpaid and amounts set
aside in previous periods as reserves
for depreciation on real estate withdrawn and charged ofl in 6 months
ended Dec. 31,1932:
Expenses:
Salaries and wages
Interest on deposits of other
banks.
_
Interest on other demand
deposits
Interest on other time deposits
Interest and discount on borrowed money
Taxes
Other expenses
.- -- ..
Total
Depreciation:
On banking house, furniture
and fixtures
Total

June 30, June 30,
1933,
1932,
12
27
banks banks

189

157

346

224

37

261

607

408

410

210

610

639

20

659

1,269

633

246
14

26
15

272
29

50
208

5
15

55
223

327
252

103
57

859

398

1,257

1,121

77

1,198

2,455

1,201

5

1,008
1,121
*476
286

77
4 12
15

1,003
1,862
4
1,336
424

403
2,265
4 260 * 1, 596
83
507

1,008
1,198
3,463
4 488 4 2,084
301
808

1,201
915
1,319

4.51

3.71

4.36

3.04

1.50

2.89

7.77

10.85

2.21

2.12

2.20

1.67

.76

1.58

4.24

5.58

* 14. 21 * 11.61 * 13. 71

4 5.06

4 1.20

4 4.69 4 20.04

7.53

< 6. 92

4 2.78

4.61

4 2.56 410.93

3.87

4 6.98

*6.63

15

30

45

45

171

26

197

197

73

8
1

81
1

81
1

259

65

324

324
=

1,003

5

1,008

1,008

1,003

5

1,008

1,008

—

* Capital and surplus as of June 30,1933.
* Deficit.

Building and loan associations in the District oj Columbia
The resources of the 28 building and loan associations operating in
the District of Columbia under the supervision of the Comptroller of
the Currency on June 30, 1933, totaled $88,350,000 and exceeded by
$3,359,000 the resources of 26 associations on June 30 a year ago.



126

REPORT OF THE COMPTROLLER OF THE CURRENCY

The loans, which aggregated $82,919,000, showed an increase in
the year of $1,621,000. Installment payments on shares increased
also from $76,773,000 to $78,308,000.
Twenty-three of the associations operated on the permanent plan
and five on the serial plan. The total membership was 93,427, as
compared to 87,049 members a year ago, and of the total in the current year the numbers borrowing and nonborrowing were 24,633 and
68,794, 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 assets on June 30 each year
1914-33. (Summaries of the assets and liabilities of the individual
associations as of June 30, 1933, together with consolidated statements of assets and liabilities and receipts and disbursements for the
6-month periods ended Dec. 31, 1932, and June 30, 1933, are
published in the appendix of this report.)
[Figures for previous years published in report for 1931]

Years

June 30—
1914..,
1915...
1916—
1917—
1918—
1919—
1920—
1921—
1922...
1923...
1924...
1925—
1926—
1927—
1928...
1929—
1930—
1931...
1932...
1933...

Number
of associations

20
20
19
19
20
20
21
24
22
23
23
24
22
22
22
22
24
24
26
28

Loans

$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
81, 298, 000
82,919,000

Installments
on shares

$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
76, 773,000
78,308,000

Total assets

$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
84,991,000
88,350,000

Credit Unions in District of Columbia
Since the enactment of this act, the following credit unions have
been recommended for approval by this office and licensed by the
District Commissioners:
Railway Mail Service Credit Union of the District of Columbia,
licensed October 17, 1932, as of July 5, 1932. License renewed
November 13, 1933.
The Veterans Administration Employees Credit Union of the District of Columbia, licensed October 27, 1932. License renewed on
November 13, 1933.
Department of Commerce Credit Union of the District of Columbia,
licensed November 14,1932. license renewed November 24,1933.
St. Anthony's Parish Credit Union of the District of Columbia,
licensed November 16, 1932. License renewed December 19, 1933.
The F.E.U. Local 262 Credit Union of the District of Columbia,
licensed November 25, 1932. License renewed December 11, 1933.



REPORT OF THE COMPTROLLER OF THE CURRENCY

127

F.E.U. 105 Credit Union of the District of Columbia, licensed
November 29, 1932. License renewed December 11, 1933.
Western Union Employees Credit Union of the District of Columbia, licensed January 7, 1933.
The F.E.U. No. 261 Credit Union of the District of Columbia,
licensed January 16, 1933.
In-Com-Co. Credit Union of the District of Columbia, licensed
January 16, 1933. License renewed December 29, 1933.
Navy Department Branch of F.E.U. No. 2 Credit Union of the
District of Columbia, licensed January 19, 1933.
Armour Washington Credit Union of the District of Columbia,
licensed February 3, 1933.
Washington Postal Employees Credit Union of the District of
Columbia, licensed February 7, 1933.
Educational Employees Credit Union of the District of Columbia,
licensed March 2, 1933.
Adjutant General's Office Employees Credit Union of the District
of Columbia, licensed March 25, 1933.
The Navy Yard Credit Union of the District of Columbia, licensed
March 27, 1933.
Swift Employees Credit Union of the District of Columbia, licensed
July 27, 1933.
G.A.O. Employees' Credit Union of the District of Columbia,
licensed November 10, 1933.
Standards Credit Union of the District of Columbia, licensed
November 14, 1933.
Uniformed Fireman's Credit Union of the District of Columbia,
licensed December 18, 1933.
An application has been received to organize the Post Office
Department Employees Credit Union of the District of Columbia,
but final action has not yet been taken.
An application was received to organize the Cooperative Literary
Credit Union of the District of Columbia, which was abandoned on
February 3, 1933.
The following cases have been rejected:
Veterans Administration Branch F.E.U. No. 2 Credit Union of
the District of Columbia disapproved November 19, 1932.
General Accounting Office Credit Union of the District of Columbia
disapproved December 8, 1932.
Oloph Credit Union of the District of Columbia disapproved July
6, 1933.
Summaries of the assets and liabilities of the individual credit
unions as of June 30, 1933, together with a consolidated statement of
assets and liabilities and receipts and disbursements for the 6 months
ended June 30, 1933, are published in the appendix of this report.




128

REPORT OF THE COMPTROLLER OF THE CURRENCY

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 Building and Loan League, with headquarters at Cincinnati, Ohio, and are published in the following statements:
Number of building and loan associations, total membership, and total assets, etc.,
for the year ended in 1982, by States
States

1.
2.
3.
4.
6.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
36.
37.
40.
41.
42.
43.
44.
45.
46.
47.
48.
49.
£0.

New Jersey
Ohio
Pennsylvania
Massachusetts
Illinois
New York
California
Indiana
Wisconsin.2
Maryland
Missouri
Louisiana...
Michigan..
Nebraska..
Kentucky
Kansas.
Texas..
Oklahoma
District of Columbia..
North Carolina
Washington
Virginia.
_
Utah
_
Iowa
_
Minnesota
Colorado
West Virginia
Arkansas. __
Rhode Island...
Connecticut
Alabama
Maine
South Carolina2
Oregon.
Montana 2
Tennessee .._
Mississippi.
Delaware 3
Florida
New Hampshire
North Dakota
Wyoming...
Georgia
South Dakota
Vermont
Hawaii
Idaho..
New Mexico
Arizona
NevadaTotal

; Number
1 ofassoi ciations
1,553
762
2,957
227

905
299
188
388
184
1,075
235
101
66
83
161
151
144
82
26
222
66
85
23
74
75
58
60
56
9
43
37
36
132
22
27
40
46
44
65
29
22

11
40
21
14
11
14
17
8
10,997

i Decrease.
* Estimated.
* No report issued 1932—figures for 1931 used.




Total
membership

Total assets

Increase in
assets

985,470 $1,146,108,891 i $55,864,724
2,213,531
1,097,526,114 i 60, 755, 757
941,682
1,044, 256,443 i 206,435, 629
467,829
527,360,936 1 32,742,106
807,800
437,261,865 1 29,338, 746
423, 676,167 1 19, 576,197
531, 216
494,000
407,146,357 145,860,994
375, 700
270,857,685 1 17, 726,426
252, 773
260,548,326 1 20, 684,941
197,500, 000 i 12, 500, 000
300,000
237,200
193,034, 550 1 13,330, 093
181,475
159,480,185 i 11,391,106
152, 933, 382 i 12,336,158
218, 235
190,600
124,307,312 1 12, 710, 257
181,800
118,475, 594
i 3,345,974
174,482
116,162, 630 i 10,157,088
157, 215
114, 631,153 1 12, 654,825
129,339
113, 251,396 1 13,092, 065
90,388
87,420,000
5,559,000
81,897
75,894,023
i 9,454,360
205,038
64,973,551
i 7,922, 416
62,100
56, 321,016
14,044,492
74,023
50,287,421
1 2, 958,103
62,320
44,849,730
i 3, 254, 766
95,843
1 2,587, 955
40,746,403
55,000
38,472,204 i 20,664,457
53,480
35,804,108
1 1,937, 233
50,000
35,498,145
i 9,312, 629
49,499
34,324, 701
J 315,097
32,376
26,818, 269
381,689
36,230
25, 772, 240
1 2,308,147
27,565
24,818, 627
i 696,809
30,000
24,500, 000
i 1,050,000
33,800
19, 645,142
1 7,364, 640
32, 767
19,150, 925
i 1,769,453
17,387,000
23,470
i 1,109,924
24,537
16,679,871
i 2,000, 234
20,500
16,118, 223
11,400
14,369,063
i 1,606, 509
16, 613
14,076, 044
i 141,381
13,135, 969
i 1, 018,402
19,650
9,509,864
17,850
18,893
7,265,368
250,235
10,314
6,241,600
187,955
6,063
5,495,121
198,110
12, 534
5,209,278
202,191
5,039,612
1 129, 280
7,650
4,950
4,717,489
l 298,310
4,247,141
6,030
i 713,067
1,183,930
1,665
157,042
10,114,792

7,750,491,084 1666,884,521

Increase in
membership
1122,261
i 165,280
i 294,615
i 31,694
i 97,700
i 54,255
156,000
i 25,100
126,022
120,000

* 30,882
1 9,021
1939
» 14,650
15,200
119,289
117,335
i 85, 339
7,081
113,311
115,218
i 4,470
»12,631
i 4,085
122,312
130,870
i 2,870
111,571
458
i 3,757
13,210
1879
12,000
112,200

* 5,136
11,500
12,843
11,000
11,012
11,450
1650
474
*454
1147
11,469
1200
1300
U,020
225

» 1,223,909

REPORT OF THE COMPTROLLER OF THE CURRENCY

129

Mortage loan investments of building and loan associationst by States

States

Total mortgage loans
outstanding
1931

Alabama
Arizona
Arkansas—
California
Colorado
Connecticut
Delaware 2
District of Columbia
Florida
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
Vermont
Virginia
Washington.
West Virginia
Wisconsin
Wyoming
Other States

$21,334,440
4,244,939
39,161,397
376, 294, 355
47,829, 502
24,119,570
13, 737,035
77,909,000
9,974,671
5,896,577
420,693,084
4, 518,016
253, 283,000
43,330,170
104,800, 641
117,769, 255
144, 521,927
23,697,954
494, 649, 494
147,105, 279
36, 220, 560
16,783, 600
174,798,717
18, 318,003
113, 541,355
875,400
13,503,444
1,026, 215,919
4, 255, 224
387,958, 762
76,194, 700
12,098,430
1,030,948,146
113,008, 382
20,806,860
975,000, 000
31,629,854
5, 554,716
15,440,871
110, 740, 498
35, 716,777
4,923, 043
53, 374,187
56, 249, 507
30, 399, 384
254,423, 561
8,789,404
202, 700,000

Hawaii

7, 205,339,610
4,307,000
7,209,646,610

Total
1
8

Decrease.
No report issued for 1932—figures for 1931 also used for 1932*




1932
$18,206,657
3,022, 300
26, 287,570
295,851,951
25.758, 506
24,504, 750
13,737,035
82,385, 000
7, 244, 685
5,983, 523
379,923,900
4,355,827
227,470,000
39,037,376
89, 052, 540
110,196, 706
124, 379,006
22,429,789
460, 794, 740
124,161,048
33, 219, 703
12,743, 690
158,052,991
17,429,971
102,832,373
1,077,384
13,305, 751
926,101,801
3,899, 377
363,867,626
65,328,801
10,815, 278
951,405,870
93, 666, 474
15,725,139
825, 296,120
33, 228, 800
5,445,806
14,668, 000
90,410,170
30,063, 715
4,931, 543
48,692,147
48,984, 258
27,430,879
218,846, 585
8, 252, 261
179,800,000

Percent
Increase, 1932, mortgage
loans to
over year
assets,
1931
1932
i $3,127,783
i 1, 222, 639
1 12,873,827
i 80,442,404
i 22, 070,996
385,180
4,476, 000
i 2, 729, 986
86, 946
1 40, 769,184
i 162,189
i 25, 813,000
i 4, 292, 794
1 15, 748,101
i 7, 572, 549
1 20,142,921
1 1, 268,165
i 33,854, 754
i 22, 944, 231
i 3,000,857
i 4,039,910
1 16, 745, 726
i 888,032
110,708,982
201,984
i 197,693
1 100,114,118
i 355, 847
i 24,091,136
1 10,865,899
i 1, 283,152
i 79, 542, 276
i 19,341,908
i 5,081,721
i 149,703,880
1, 598,946
i 108,910
i 772,871
i 20,330, 328
i 5, 653,062
8,500
i 4, 682,040
i 7, 265, 249
1 2,968,505
i 35, 576,976
i 537,143
i 22,900,000

70.6
71.2
74.0
72.7
67.1
91.4
85.3
94.2
50.4
82.4
87.0
86.4
84.0
87.0
76.7
93.0
78.0
90.4
87.4
81.1
81.6
76.4
81.9
91.0
82.7
91.0
94.6
80.8
80.4
85.9
86.1
82.3
86.7
82.7
80.1
79.1
96.8
87.3
84.3
78.9
59.8
89.6
86.5
75.4
76,6
84.0
86.8
81.0

6,390,305,422
4,419,996

1815,034,188
112,996

82.5
84.8

6,394,725,418

1 814,921,192

82.5

130

REPOBT OF THE COMPTROLLER OF THE CURRENCY
Failures of building and loan associations, 1980-82
Total
number of
associations

1920
1921
1922
1923 _
,
1924
1925 . . —
1926
1927
1928
1929
1930
1931
1932

- --

_

- -

Total assets

Number
failed

8,633 $2,519,914,971
2,890,764,621
9,255
3,342,530,953
10,009
3,942,939,880
10,744
4,765,937,197
11,844
5,509,176,154
12,403
6,334,103,807
12,626
12, 804 7,178,562,451
8,016,034,327
12,666
8,695,154,220
12,343
8,828,611,925
11,777
8,417,375,605
11,442
7,750,491,084
10,997

Total
liabilities Estimated
of failed
loss
associations

2
6
4
9
18
26
12
21
23
159
190 $80,437,508
126 61,908,529
i 122 52,818,387

Percent
of loss
to total
assets

$506
91,547
158,674
132,612
398,245
500,000
380, 725
1,013,000
568,000
2,312, 626
24,676,059
22,327,842
20,337,255

0.00002
.0032
.0047.
.0034
.0084
.0090
.0060
.0141
.0071
.0266
.27%
. 2653
.2624

1
Located as follows: Arkansas, 3; California, 8; Colorado, 5; Florida, 1; Indiana, 3; Minnesota, 1; Mississippi, 1; Missouri, 3; Ohio, 3; Oregon, 1; Pennsylvania, 89; South Carolina, 1; South Dakota, 1; and Wisconsin, 2.

MONEY IN THE UNITED STATES

Statements showing the stock of money in the United States in the
years ended June 30, 1914 to 1933, and the imports and exports of
merchandise, gold, and silver in the calendar years 1914 to 1932, and
the 9 months ended September 30, 1933, follow:
Stock of money in the United States, in the Treasury, in reporting banksy in Federal
Reserve banks, and in general circulation, years ended June SO, 1914 to 1988

Year ended
June 30—

1914.
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933

_
. .
.

.

«

I n general circulation, exCoin and other Coin and other
Held by or for
clusive of amounts held
Coin and money in Treas- money in report- Federal Heserve
by reporting banks,
2
other
ury as assets *
banks and agents
ing banks
Federal Reserve banks,
money
and Treasury
in the
United
States
Per- Amount PerPerPerPer
Amount cent
cent Amount cent Amount cent capita
Millions Millions
3,797.8
338.4
4,050. 8
348.2
4,541. 7
299.1
5,678. 8
269.7
6,906. 2
363.5
7,688.4
585.1
8,158. 5
490.7
8,174.5
463.6
8, 276.1
406.1
8,702.8
386.5
8.846.5
359.4
8,299.4
363.9
8,429.0
353.2
8,667.3
350.9
8,118.1
351.3
8,538.8
373.1
8,306.6
247.2
9,079.6
254.9
9,004.4
278.2
10,078.4
314.5

8.91
8.60
6.59
4.75
5.27
7.61
6.01
5.67
4.91
4.44
4.06
4.38
4.19
4.05
4.33
4.37
2.98
2.81
3.09
3.12

Millions
l f 630.0
1,447.9
1,472.2
1,487.3
882.7
981.3
1,047.3
926.3
814.0
777.1
900.8
938.3
975.2
985.1
866.5
799.1
853.8
865.5
774.1
649.9

42.92
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
8.60
6.45

Millions
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
3,031.1
4,043. 2

9.45
13.06
23.64
29.84
28.96
26.97
34.25
41.16
40.14
41.12
37.63
37.85
39.98
36.59
40.04
42.58
44.08
33.66
40.12

Millions
1,829.4
1,871.7
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
4,921.0
5,070.8

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
54.65
50.31

18.44
18.57
21.27
24.76
33 96
36.64
41.50
36.71
33.18
36.20
34.69
33.58
33.35
32.57
32.72
32.47
29.76
31.87
39.41
40.32

1
Public money in national-bank depositories to the credit of the Treasurer of the United States not
included.
* Money in banks of island possessions not included.

NOTE.—Population estimated at 113,818,432 in 1924; 115,469,094 in 1925; 117,227,000 in 1926; 118,719,000 in
1927; 120,104,000 in 1928; 121,546,198 in 1929; 123,250,000 in 1930; 124,135,800 in 1931; 124,881,806 in 1932, and
125,753,206 in 1933.




REPORT OF THE COMPTROLLER OF THE CURRENCY

131

Imports and exports of merchandise, calendar years 1914 to 1932, inclusive, and
from Jan. 1 to Sept. 30y 1933
Imports of
merchandise
1914. _
1915
1916
1917.
1918
1919. _
1920
1921 __
1922
1923
1924
1925
1926
1927
1928
1929-_.
1930
1931
1932
1933 (9 months)

_

.

$1, 789, 276, 001 $3,113, 624,050
1,778,596,695
3,554, 670,847
2,391,635,335
5,482, 641,101
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, 2?8, 481, 490
8, 228,016,307
2, 509,147, 570
4,485,031,356
3,112,746,833
3,831, 777,469
3, 792, 065,963
4,167, 493,080
3,609, 962, 579
4, 590, 983,845
4,909, 847, 511
4, 226, 589, 263
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
2,424, 289,000
2,090, 635,000
1,611,016,000
1,322, 774,000
i 1,037,112,000 i 1,104s 986,000
62,994, 501, 337

Total, 19 years and 9 months
1

Exports of
merchandise

91, 686, 867,161

Excess of
exports over
imports
$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
1,975,883, 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
333, 654, 000
288, 242, 000
i 67, 874,000
28, 692, 365, 824

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
1932
1933 (9 months)

.
- - --

.

Total, 19 years and 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
612,119,000
363,315,000
187, 639,000

$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
466, 794,000
809,528,000
318, 833,000

$165, 228,415

6,481, 271, 990

4,632, 390,950

1, 560, 516S 235

Excess of
imports over
exports
$420,528, 672
530,197, 307
180,570, 490
20,972,930

291,651,202
94,977,065
667,356,920
238, 294, 891
294,072, 395
258, 072, 605
134,366,618
97, 796, 000
6, 080,000
391,863,000
175,066,000
280, 087, 000
145, 325,000
446, 213,000
131,194,000
3,409, 397, 275

SILVER
1914..
1915..
1916..
1917-.
1918..
1919..
1920..
1921_.
1922..
1923..
1924..
1925..
19%.,
1927..
1928..
1929..
1931
1932
1933 (9 months) .
Total, 19 years and 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
28, 664, 000
19, 650,000
47,055,000
1,136,792,839

$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
26,485,000
13,850,000
15, 707,000

$25,643,873
19,114,930
38,331, 748
30,790,399
181,470, 765
149,611,033
25, 556,183

1, 710,152, 688

634, 338, 229

$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
2,179, 000
5,800,000
31,348, 000
60,978,380

132

REPOKT OF THE COMPTROLLER OF THE CURRENCY
FEDERAL LAND BANKS

The statement following shows the condition of the 12 Federal
land banks as of September 30, 1933, taken from report compiled by
the Farm Credit Administration:
Consolidated statement Sept. 80, 1938
ASSETS

Net mortgage loans less principal of delinquent and extended
installments
$1, 109, 950, 061. 31
United States Government securities
74, 801, 848. 73
Bonds of other Federal land banks
1, 213, 003. 53
Other securities
236, 845. 22
Gash deposits for matured or called bonds
4, 150. 00
Cash on hand and in banks
10, 113, 741. 25
Accounts receivable less reserves
3, 577, 063. 77
Due from Secretary of the Treasury, interest reduction
1, 488, 076. 74
Purchase money mortgages, contracts, etc., less reserves
33, 787, 560. 99
Delinquent installments (principal and interest), less partial
payments and reserves..
12, 236, 303. 01
Extensions
37, 719, 391. 64
Interest accrued
^
.
20, 836, 167. 85
Real estate, less reserves
56, 008, 532. 47
Sheriffs' certificates, judgments, etc., less reserves
21, 393, 703. 37
Banking house, furniture, fixtures, equipment, etc
3, 355, 961. 38
Prepaid and deferred expenses
260, 934. 45
Other assets
1, 399, 108. 64
Total

1, 388, 382, 454. 35
LIABILITIES

Farm loan bonds (unmatured), less bonds held by banks of
issue
1, 148, 473, 860. 00
Farm loan bonds matured or called
4, 150. 00
Dividends declared but unpaid
217, 957. 43
Matured interest on farm loan bonds
958, 777. 26
Deferred proceeds of loans
195, 423. 52
Accounts payable
,_930, 212. 01
Interest accrued
16, 971, 929. 72
Advance installment payments _
827, 487. 99
Trust accounts
3, 049, 253. 12
Other liabilities
917, 196. 90
Deferred income
4,004, 028,38
Capital stock
188, 858, 460. 50
Paid-in surplus—United States Government, less impairment
5, 125, 405. 39
Legal reserves
14, 504, 518. 82
Other reserves
1, 162, 126. 18
Undivided profits
_2, 181,667. 13
Total




-

1, 388, 382, 454. 35

REPORT OF THE COMPTROLLER OF THE CURRENCY

133

JOINT-STOCK LAND BANKS

The statement following shows the condition of the 46 joint-stock
land banks as of September 30, 1933, taken from report compiled by
the Farm Credit Administration:
Consolidated statement Sept. 30f 1933 1
ASSETS

Net mortgage loans less principal of delinquent installments-. $371, 975, 037. 08
United States Government securities
2, 535, 921. 75
Farm-loan bonds of other banks
898, 647. 82
Other securities
360, 745. 81
Cash deposits for matured or called bonds
1, 000. 00
Cash on hand and in banks
.
5, 472, 607. 98
Accounts receivable, less reserves
1, 370, 621. 03
Purchase-money mortgages, contracts, etc., less reserves
13, 070, 030. 40
Delinquent installments (principal and interest), less partial
payments and reserves
4, 339, 581. 00
Interest accrued
6,279, 107. 84
Real estate, less reserves
39, 747, 871. 73
Sheriffs' certificates, judgments, etc., less reserves
12, 747, 671. 71
Banking house
.
60, 000. 00
Furniture, fixtures, equipment, etc
118, 715. 26
Prepaid and deferred expenses
14, 455. 93
Other assets, less reserves
997, 888. 70
Total

459, 989, 904. 04
LIABILITIES

Farm-loan bonds (unmatured), less bonds on hand
Certificates in lieu of fractional bonds
Farm-loan bonds matured or called
Notes payable, etc
Mortgages assumed on real estate owned
Matured interest on farm-loan bonds
Deferred proceeds of loans
Accounts payable
Interest accrued
Advance installment pavments
Trust accounts
Other liabilities
Deferred income
Capital stock paid in
Surplus paid in
Surplus earned
Legal reserves
Other reserves
Undivided profits
Deficits.
Total

390, 323, 440. 00
8, 643. 21
3, 000. 00
11,748,319. 07
243, 500. 00
673, 119. 60
1, 270. 15
78, 580. 40
6,214,967. 91
180, 647. 72
986, 336. 81
147,600. 50
3,035,948. 83
34, 985, 900. 00
2, 901, 260. 28
1, 793, 658. 21
4, 852, 124. 95
1,251,843. 79
1, 642, 142. 96
1, 082, 400. 35
459, 989, 904. 04

i Figures for banks in receivership and voluntary liquidation not included in the statement.




134

REPORT OF THE COMPTROLLER OF THE CURRENCY
FEDERAL INTERMEDIATE CREDIT BANKS

The statement following shows the condition of the 12 Federal
intermediate credit banks as of September 30, 1933, taken from report
compiled by the Farm Credit Administration:
Consolidated statement Sept. S0y 1933
ASSETS

Loans and discounts
$127, 235, 364. 58
United States Government securities less those sold under
repurchase agreements
32, 707, 293. 04
Other securities.
92, 175. 00
Cash on hand and in banks
14, 404, 400. 61
Notes receivable
2, 296, 445. 06
Accounts receivable
.
158, 859. 52
Interest accrued
, 493, 912. 60
Furniture, fixtures, equipment, etc
9, 669. 90
Prepaid and deferred expenses
11,085. 44
OtheT assets
688, 148. 62
Total

178,097,354.37
LIABILITIES

Debentures (unmatured) less those held by banks of issue and
other Federal intermediate credit banks
111, 790, 000. 00
Accounts payable
298, 860. 21
Deferred proceeds, loans and discounts
86, 552. 75
Interest collected, not earned
615, 042. 71
Interest accrued
1, 014, 711. 44
Liability for cash collateral
660, 720. 88
Other liabilities
.
190, 380. 14
Deferred income
432, 029. 16
Capital stock paid in
60,000, 00a 00
Surplus, undivided profits, and reserves for contingencies (net) _
3, 009, 057. 08
Total

178, 097, 354. 37

NATIONAL AGRICULTURAL CREDIT CORPORATION
The Pacific National xVgricultural Credit Corporation of Fresno,
Calif., was authorized under the act of March 4, 1923, to transact
business within the States of California, Arizona, Utah, Nevada,
Oregon, Idaho, Wyoming, Colorado, New Mexico, and Texas.
A statement of its assets and liabilities as of the close of business
on October 25, 1933, appears below:
ASSETS

Cash on hand and in banks
United States bonds ($255,000 par value)
Loans
Customers' liability under guaranteed advances
Furniture and fixtures
Accounts receivable
Other assets
Customers' funds held in trust
Total




$8, 015. 13
241, 804. 75
2, 317, 132. 41
145,063. 50
4, 010. 12
5, 683. 61
42, 253. 77
100, 127. 53
2, 864, 090. 82

REPORT OF THE COMPTROLLER OF THE CURRENCY

135

LIABILITIES

Capital stock
Reserve for contingencies
Undivided profits
Discounts
Guaranteed advances
Other liabilities
Undistributed trustee funds
Total

.

.__
„
-.
.

$500, 000. 00
62, 500. 00
1, 318. 35
2, 024, 592. 82
145, 063. 50
30, 488. 62
100, 127. 53
2, 864, 090. 82

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, 1933 and 1932, together
with a summary of the postal-savings business for the fiscal year
ended June 30, 1933, by States. (The total number of depositors on
June 30, 1933, was 2,342,133, an increase of 796,943 in the year, and
the average amount on deposit per depositor was $506.88, compared
with $507.91 a year ago.)

31460°— 34
10



Comparative balance sheet for June SO, 19SS and 1982
June 30,1933

Items

Working cash:
Depository banks.
Postmasters

$977,214,074.44
4,097,585.53
$981,311,659.97

Special funds—Treasurer of the United States:
Reserve fund
__
Miscellaneous (working) funds

58,917,100.54
33,528,952.77

Accounts receivable:
Accrued interest on bond investments
Due from discontinued depository banks..
Due from late postmasters
Investments—United States securities:
Postal savings 2H percent bonds
Fourth Liberty \\i percent bonds
U.S. Treasury 3 percent bonds
U.S. Treasury V/% percent bonds..
U.S. Treasury 3% percent bonds
U.S. Treasury 4 percent bonds
U.S. Treasury 4M percent bonds
U.S. Treasury 2% percent notes A1938
U.S. Treasury 2% percent notes B1936
U.S. Treasury 2J/8 percent notes C1936
U.S. Treasury 3 percent notes B1937
U.S. Treasury '$4 percent notes A1936
U.S. Treasury 3M percent notes A1937

92,446,053.31

1,091,745.82
1,401,379.29
_

_
_

_
_

_

_
_

Total resources.

Par value
$13,546,480
_. 17,676,750
_. 40,040,000
3,000,000
7,690,000
11,115,000
8,195,000
3,050,000
1,550,000
8,750,000
4,850,000
2,250,000
- 10,550,000

2,493,125.11

13,546,480.00
15,540,485.38
39,209,443.58
2,865,562.54
8,061,391.71
11,818,624.44
9,034,753.54
2,980,687.50
1,531,625.00
8,745,546.88
4,874,366.46
2,276,682.70
10,569,102.82

132,263,230

00

June 30,1932

$682,002,878.75
4,481,652.94

$295,211,195.69
$686,484,531.6

294,827,128.28

42,776,799.41

42,055,761.60
7,613,492.30
49,669,253.90

714,804.93

1,375,036. 33
1,778,320.18

16,861,338.94
25,915,460.47
675,245.16
13,216.81
26,342.96

Increase

$384,067.41

416,500.66
13,216.81

388,400.00

13,158,080.00
15,540,485.38
39,209,443.58
2,865,562.54

131,054,752.55

70,773,571. 50

8,061,391. 71
11,818,624.44
9,034,753. 54
2,980, 687. 50
1,531,625.00
8,745,546.88
4,874,366.46
2, 276,682.70
10,569,102.82
60,281,181.05

1,207,305,590.94

800,749,707.53

406,555,883.41

795,352,033.71

402,363,971.00
6,121,600.29
3, 540.30
1, 614.00
408,490,725.59

o

E

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
Total liabilities.




1,187,183,373.00
16,592,663.70
63,887.60
2,835.00
1,724,805.89
112,969.34

1,203,842,759.30

784,819,402.00
10,471,063.41
60,347.30
1,221.00

s
n

2,530,520.76

4,255,326.65
1,837,775.23

4,255,326. 65

1,205,680,534.53

799,607,360.36

112,969. 34
406,073,174.17

2,417,551.42

Surplus funds: Interest and profits (undistributed earnings) subject to future allocation of maturing interest charges

1,625,056.41

1,142,347.17

482,709.24

1,207,305,590.94

800,749,707.53

406,555,883.41

Comparative statement of interest-earning resources and interest-bearing liabilities for June 80, 1933 and 1982
O
June 30,1933

Items

June 30, 1932

Increase

Decrease

o
RESOURCES—INTEREST-EARNING

Working cash:
Depository banks, per balance sheet
Investments, per balance sheet

_

$977,214,074.44
131,054, 752. 55
• $1,108,268,826.99

$682,002,878.75
70,773, 571. 50
• $752,776,450. 25

$295,211,195.69
60, 281,181.05
355,492,376.74

a
o

LIABILITIES—INTEREST-BEARING

Due depositors: Outstanding principal, represented by certificates of deposit,
per balance sheet
Excess of interest-bearing liabilities—

1,187,183,373.00

784,819,402.00

402,363,971.00

78,914,546. 01

32,042,951.75

46,871,594.26

Comparative statement of interest and profits for the fiscal years ended June 80, 1988 and 1932
Items
Credits:
Interest on bank deposits.
Interest on bond investments, less amortization charges
Miscellaneous receipts
_
Debits:
Interest credited to depositors
Allowances to postmasters:
Losses by fire, burglary, etc
Erroneous payments, uncollectible items, etc._
Final closing, previous year
--_
Excess of income




Fiscal year 1933

$20, 759,210.29
2, 778, 467.04
70.17

Fiscal year 1932

$12, 690,746. 56
2,036,443.16
401.46
$23, 537, 747. 50

Increase

Decrease

$8,068,463.73
742,023.88
$14, 727, 591.18

8,810,156.32

16,913,016.60

10, 244, 633.13

6,668,383.47

-4,056.03
2,209. 75
67,824.03

8,174.61
10.00
219,446.79

2,199.75

16,978,994.35

10,472,264.53

"6,566,729.82"

6,558,753.15

4,255,326.65

2,303,426. 50

12,230.64
~15l~622.~76
co

Summary of postal savings business for the fiscal year ended June SO, 1988y by States
Balance to
the credit of
depositors
June 30, 1932

State

United States
Alabama
Alaska
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
Puerto Rico

Deposits l

Withdrawals *2

Balance to Increase in
the credit of balances to
depositors
the credit of
June 30,1933 depositors

Savings stamps
Sold

Amount at
interest in
banks June 30,
1933
Redeemed

Interest received from
banks

Interest paid
depositors

Amount of
deposits
surrendered
for bonds

$784,819,402 $1,191,977,500 $789,613, 529 $1,187,183,373 $402,363, 971 $45, 248.30 $41,708.00 $976,377,147.32 $20,759,210.29 $10,376,531.10 $18,380,020

._
_.
_.
_
__

___

6,854,092
815,379
6,107, 877
8,626,250
46,538, 297
9,642, 714
9,171,118
407,108
1, 745, 597
27,876,010
9,374,163
137, 900
5,451,009
96,431,919
18,469,030
32,022, 366
10,477, 773
5, 205, 642
2,313, 393
713,030
1, 519, 686
30, 212, 302
39, 563,441
20,348,332
4, 062, 529
20, 226,188
9,855,618
13,425, 310
1,145,924
1,912,709
24,645, 687
3,074,700
81,779,461
10, 300, 724
5,864, 221
41, 337, 438
14,948,029
12,555,816
50,911,334
620,164




9,970,359
640,839
8,753, 454
12,065, 652
90,232,333
16, 729, 338
10,305, 540
471,312
9, 277,327
34, 716, 221
14,370,673
614, 295
8,380, 221
143,159, 241
31,343, 606
57,886, 744
16,935, 542
8,384,350
7,877,347
1,147,600
6,155,992
24,151,984
80,385,064
36,156,181
6,371,563
38,342, 586
9,925,130
18, 633, 932
2,741, 073
1,546,958
33, 669, 734
3,735, 554
116,069,828
14,410,475
7,016, 707
65,287, 695
20,456, 323
17,143, 731
57,308,404
1,530,190

7,332,908
585,811
7, 206,431
9,246,403
52,116, 797
10,478,816
6,978,889
355,874
3,360,185
32, 718,800
10, 269,829
313, 798
6,065,106
99,417,491
20,897,435
37,557,583
11,116,217
5,519,863
2,923,839
521, 542
2,087, 560
19,676,759
44,301,220
19, 216, 463
4,094, 777
22,755,939
8, 567,374
13, 773, 518
1, 739,921
1, 228,444
21. 570, 455
2,885, 431
74,889,869
10, 609,820
4,893,195
41,145, 646
15,021, 654
12,673,022
43,030,829
1,117, 710

9,491,543
870,407
7,654,900
11,445,439
84,653,833
15,893, 236
12,497,769
522, 546
7, 662, 739
29,873, 431
13,475,007
438, 397
7,766,124
140,173,669
28,915, 201
52,351,527
16,297,098
8,070,129
7, 266,901
1,339,088
5,588,118
34,687, 527
75,647,285
37,288,050
6,339,315
35,812,835
11,213,374
18,285,724
2,147,078
2,231, 223
36,744,966
3,924,823
122,959,420
14,101,379
7,987, 733
65,479,487
20,382, 698
17,026, 525
65,188,909
1,032,644

2,637,451
114.20
76.00
7,866,420. 70
55,028
3.00
869,892.81
1,547,023
54.00
67.10
5,747, 568.06
2,819,189
83.00
105.50
7,882,090.28
38,115,536
1, 596. 60 1,394. 00 105,467,095.37
6,250,522
406.40
332.00
10,118,045.20
245. 40
187.00
7,953,674.23
3,326,651
32.00
758,395.07
115,438
20.00
725.50
3,118,438. 55
5,917,142
701.00
798. 50
1,997,421
769.00 33,085,064.74
498.00
4,100,844
470.00 16,130,087.80
9.00
300,497
489,685.84
2.00
2,315,115
78.70
4,314,885.79
68.00
43,741, 750 2, 712. 40 2,388. 00 38,665,230. 20
627.10
10,446,171
434.00 21,191,380.33
445.80
20,329,161
352,00 25,044,762.41
201. 70
5,819,325
185.00 10,481,003.07
194. 20
4,674,058.82
2,864,487
175.00
116.40
109.00
7,643,132.98
4,953, 508
180. 50
157.00
652,316.45
626,058
206.40
6,784,394.36
4, 068,432
181.00
4,475,225 1,308.90 1,152.00 41, 296,352.01
36,083,844
950. 40
852.00 49,323,006.61
16,939, 718
384.10
338.00 25, 274,104.14
4,856,180.01
2,276,786
90.40
89.00
15, 586,647
743. 30
689.00 24, 623,494. 63
1,357, 756
206.60
181. 00 10,614,423.54
4,860,414
321.40
8,398,120.74
272.00
832,905.68
1,001,152
11.70
10.00
2, 075,194.11
318, 514
155. 70
140.00
12,099, 279 1, 528. 20 1,387.00 45, 540,397.56
850,123
2,226,938.06
33.00
29.00
41,179,959 5,844. 30 5,838.00 127, 239, 556. 66
3,800, 655
158,00 10,148,041. 27
161.90
2,123, 512
97.80
107.00
5, 575,150. 20
24,142,049
1,059.00
981.00 57, 451,819. 20
341. 50
5, 434, 669
301.00 16,912, 549.07
4, 470, 709
295. 70
252.00 16, 669,888.22
14, 277, 575 2,419. 00 2, 259.00 96,863,927.97
243,841.85
412,480 17,180. 20 16,110.00

91,391.73
179,641.37
13,602.52
21,011.03
71,007.02
125,920.73
115,381.93
191,514.58
595,793.59
1,807,260.61
143.396.63
246,573.70
96,987.80
186, 792.12
5,430.35
10,248.61
21.777.43
69,125.14
388,585. 75
768,342.40
134,407.27
303,079.11
1,263.81
7,383.76
81,402. 50
113,808.34 '
1, 215,149. 64 1, 111, 272.74
244,096.37
455,950.73
478,791.47
653,123.46
261, 268.93
155,099. 22
70,545. 24
108,391.09
30, 209.55
149,824.40
7,446.32
16,619. 75
98,742.99
18,058.63
851,195.03
305,880.00
1, 268, 592.31
544, 696.07
564,755.19
298,229.45
98, 248.29
48,868.05
525,654.57
287, 740. 97
258,143.41
149,488.41
218,066.56
190,660.49
19,949. 73
14,144.58
22.874.44
46,281. 25
285,317.14
852, 552. 61
58, 718. 24
47,336. 35
2, 450,361.11 1, 200, 762. 78
232,973. 79
119,415.11
131,991.42
80, 767.03
536.922.64
1,339, 738.50
212,760.31
385,790.70
182, 500. 37
366,052.67
644,428.83
1,581,846.14
3,802.87
7, 413. 66

116,020
31,420
96,700
201,720
1,423,780
328,400
47,460
1,000
232, 780
340, 680
129, 720
2,100
73,660
1,953, 520
757,180
1,141,320
537,040
254,800
42,800
37,140
118, 020
166,420
1, 365, 420
917, 540
51, 620
759, 320
255,840
452,480
49,000
16, 620
169, 500
37,100
323,900
202,060
173, 500
1,388, 720
323,800
370, 780
1,016, 560

Bhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Virgin Islands, United
States
Washington
West Virginia
Wisconsin
Wyoming
__.

1,480,306
10,115,186
9,815,230
4,818,352
20,282,472
2, 763, 562
234,296
3,353,321

1,533,520
13,704,717
11,625,438
9,739,080
27,834,727
3,109, 746
342,929
4,974,136

1,028,853
11,067,888
9,444,773
5,211,399
20,351,515
2,246,159
176, 783
2,954,879

1,934,973
12,752,015
11,995,895
9,346,033
27,765, 684
3,627,149
400, 442
5,372,578

504, 667
2,636,829
2,180, 665
4,527, 681
7,483,212
863,587
166,146
2,019,267

261.10
270.20
264.60
190.10
653. 40
65.80
58.10
127.80

236.00
228.00
224.00
217.00
583. 00
59.00
51.00
94.00

1, 594,103. 36
10, 294,179.92
8,457, 298. 32
8,172,588. 63
24,487,263.99
3,388,918.63
181,894. 27
4,086,352.17

35,138.03
239,450.69
213,330.51
173,863. 35
558,670.95
75,383.71
3,668. 26
76,171.65

15.536.21
128,505.99
149,355.42
59,832.50
266,113.07
29,150.35
2,962. 61
35, 575.34

40,493
25,480,737
6,004,119
9,906,603
3,884,445

28,103
33,158,867
6,422,195
30,880,400
4,322,544

27,666
25,438,242
4,925,383
12,804,135
3,672,571

40,930
33,201,362
7, 500,931
27,982,868
4,534,418

437
7,720,625
1, 496,812
18,076, 265
649,973

40.60
261.10
82.20
357.80
128.00

35.00
237.00
70.00
266. 00
126.00

25, 401, 665.94
8, 861, 261.08
13,879,159.18
2, 468,947. 24

14.45
611,293.97
190,097.15
275.202. 82
62,437.87

444.54
366,655.76
76,939.86
130,427.69
58.877.22

5,500
298,520
201,940
137,540
514,660
43, 780
4,500
140,180
484,880
441, 580
105, 620

8
3-

i These totals include the amount of $25,650,853 transferred between depository offices.
> These totals include $1,614 written off postmasters' accounts current as unclaimed.




in

8
O

tr1

I
CO
CO

140

BEPORT 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 1932 and 1933,
with comparative yearly totals beginning with the school year ended
1920, are shown in the following tables:
School savings, by States, 1931-32, and 1932-33
[Compiled by the Savings Bank Division of the American Bankers' Association]
Number of
schools

Number
participating

Deposits

Net savings

States
.931-321932-33 1931-32

1932-33

1931-32

1932-33

1931-32

1932-33

United S t a t e s - 12,686) 10,890 3,106,510 3,080,685$17,680,364.92 $10,332,569.55 $2,926,902.12 $2,315,252.21
65
Alabama—
Arizona...
Arkansas f
2,432
California.
3
Colorado
449
554
Connecticut
64
68
Delaware
District of Colum42
41
bia
- . .
25
Florida....
25
61
Georgia...
113
63
Hawaii
0)
6
Idaho
36
249
Illinois-..
416
146
Indiana...
198
99
Iowa
205
15
18
Kansas
25
21
Kentucky.
19
Louisiana.
284
342
Maine
109
108
Maryland.
856
Massachusetts... 1,091
200
337
Michigan
274
360
Minnesota
Mississippi
2
185
197
Missouri 3
Montana
Nebraska.
4
2
Nevada
107
123
New Hampshire.
640
695
New Jersey
N6
10
New Mexico
1,428 1,426
New York
33
45
North Carolina..
20
20
North Dakota....
417
470
Ohio
6
60
Oklahoma.
100
112
Oregon
1,359
1,687
Pennsylvania
326
Rhode Island
South Carolina *.
44
33
South Dakota
35
35
Tennessee.
220
237
Texas
Utah
7
8
25
Vermont..
47
90
Virginia
126
Washington
181
101
West Virginia....
122
232
Wisconsin.,
314
Wyoming..
iLoss.
2
No report.




22.820

18,733
200

122,750.35

0)

77,086.95
89.81

6T543.88
(2)

» 29,758.23
47.36

421,920 430,667 1,099,064.50
1,041.15
466
419
112,740 102,555 656,713.20
32,335 31,183 130,747.27

812,854.45 1691,103.90 1 219,754.47
483.16
543,414.13 1 54,378.09 142,233.25
78,369.37 1 46,545.65 145,028.29

45,190.95
43,273.28
141,222.97

25,912.08
45,190.95
26.206.74
1 9,444.50 i 19,559.62
84,207.00 115,409.23 » 31,720.33
42.244.75
(2)
42,244.75
1
364.42
630.41
3,331.52
227,060.51 1 207,911.65 i 129,916.63
91,251.38 ^92,472.82 i 74,610.60
76,190.45 180,351.81 182,689.87
27,904.18
16,002.46
i 6,629.63
4,484.51
1873.07
12.631.96
4,902.40
77,738.07
50,096.15
10,184.25
68,817.26
99,454.40
61,080.40
634,580.69
260,238.14
78,526. 52
86,309.77 1205,973.04 1 143,116.45
326,392.15
18,427.62 i 79,469.32
1,997.98
107.00
911.46
146,658.63
21,539.30 195,168.83

5,169
17,955
35,788
3,564
108,198
61,669
50,774
5,112
2,390
1,405
35,620
41,390
220,594
89,507
129,804
834
67,094

4,322
16,701
18,895
3,858
931
70,824
38,726
23,474
4,274
1,707
<*>
25,311
40,853
146,962
47,627
98,060
316
59,160

31'
7,782
233,520
2,595
271,920
15,213
1,107
103,710
7,351
73,768
529,408
112,724

3,379.
3,550.35
612
1,012.55
700.20
6,974
35,412.85
23,908.1!
162,728 1,307,957.59 816,309.76
2,101
1,433.69
9,271.89
763,755 4,443,619.37 2,153,698. 53
5,573
52,902.17
27,151.89
934
7,041.47
4,010.76
106,761 517,180.60
361,101.03
958
12,258.56
1,190.01
67,499 236,763.62
132,184.86
432,497 2,851,066.51 1,904,410.31
111,887 745,703.92 533,855.79

7,
10,863
64,527
576
899
25,587
74,044
24,707
70,97'

6,058
6,920
72,205
1,696
1,428
12,908
19,082
49,695

12,471.11
635,813.35
242,417.63
203,221.30
33,420.15
7,978.28
16,727.36
130,455.52
92,265.22
953,284.34
357,455.28
488,555.04
3,797.13
446,827.48

60,157.59
107,351.49
265,919.38
1,952.42
4,989.52
144,849.64
478,867.99
87,311.58
448,537.02
3

11,412.20
452.87
7,649.07
1165,482.11
1558.88
1 45,616.99
15,215.55
2,284.71
1149,842.36
19,414.27
i 102,422.27
1,015,404.23
1180,809.5*5

11,385.99
452.95
166a 80
»229,503.08
2,616.91
28,131.95
1
3,790.60
359.79
1169,048.69
1906.13
166,646.07
1484,009.90
* 182,147.86

42,683.21 118,027.26 119,651.84
74,201.86 i 16,910.24 183,870.00
185,368.43 125,579.49
12,636.24
1,475.04
12,578.31
1445.09
1,201.89
300.91
882.03
65,513.91
4,547.09 122,299.59
297,308.77 1151,228.90 1119,160.28
50,533.99 114,089.96 1 12,304.05
181,131.92 1107,352.09 1151,869.85
1,188.54

No report since 1928-29.
* No report since 1926-27.

RBPORT OF THE COMPTROLLER OF THE CURRENCY

141

School savings, by States, 1981-32, and 1982-88—Continued
TOTALS—UNITED STATES
Number of Number participating
schools
1932-33
1931-32
1930-31
1929-30
1928-29
1927-28
1926-27
1925-26
1924-25
1923-24
1922-23
1921-22
1920-21
1919-20
iLoss.

-

- -

-

-

——

-

10,890
12,686
14,628*4
14,610H
14,254H
13,835
12,678
11,371
10,163
9,080
6,868
4,785
3,316
2,736

Deposits

3,080,685 $10,332,569.55
3,106,510
17,680,364.92
4, 482,634
25,977,216.41
4,597,731 29,113,063.48
4,222,935
28, 672, 496.00
3,980,237 26,005,138.04
3,742,551 23,703,436.80
3,403,746 20,469,960.88
2,869,497 16,961,560.72
2,236,326 14,991, 535.40
1,907,851 10,631,838.69
1,295,607
5,775,122.32
802,906
4,158,050.15
462,651
2,800,301.18

Net savings
i $2, 315,252. 21
12,926,902.12
2,167,499.58
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

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, 1933, it will be noted that the aggregate expenses
were $6,078,329.56, of which $861,972.35 was paid from appropriations and $5,216,357.21 reimbursements by the banks. The salary
rolls aggregated $805,013.77, pi which $231,238.11 was paid from
appropriations and the remainder from funds reimbursed by the
banks.
Taxes paid by national banks on circulating notes issued amounted
to $3,415,840.63. Deducting from this amount the expenses of the
Bureau paid from congressional appropriations, $861,972.35, leaves
the net income to the Government on account of the tax on circulation
at $2,553,868.28.
Expenses incident to maintenance of Currency ^Bureau and net income derived
by the Government from taxes on national-bank notes, fiscal year ended June
SO, 1983
Expenses
paid from
appropriations
Salaries:
Regular roll, including retirement deductions
National currency reimbursable roll, including retirement deductions .
..
..
Federal Reserve issue and redemption division, including
retirement deductions
- Insolvent national bank division roll, including retirement
deductions
Total salaries
-. - — - - . .
- ... General expenses:
Printing and binding
.
..
Stationery
—
Amount expended for light, heat, telephone, telegraph,
furniture, labor-saving machines, etc., partially estimated
-- .
;
Total general expenses
-




Expenses
reimbursed
by banks

Total expenses

$231,238.11
$50,335.46
56,716.20
466,724.00
23,494.48
5,435.69

15,067.17
6,867.74

5,128.67

83,291.18

$805,013.77

139,284.93

142

BBPORT OF THE COMPTROLLER OF THE CURRENCY

Expenses incident to maintenance of Currency Bureau and net income derived
by the Government from taxes on national-bank notes, fiscal year ended June
SO, 1933—Continued
Expenses
paid from
appropriations
Currency issues:
National-bank notes:
Paper
,
Printing, etc
Plates (reimbursed)
Federal-reserve notes and bank notes:
Paper
Printing, etc
Plates
Total currency issues
——
Expenses on account of national bank examining service, paid
by banks
Postage on shipments of national-bank notes
Postage on shipments of Federal Reserve notes and bank
notes.
Insurance on shipments of national-bank notes
Insurance on shipments of Federal Reserve notes and bank
notes
Surcharge paid on consignments
Total expenses paid from appropriationsTotal expenses reimbursed by banks.
Total expenses

Expenses
reimbursed
by banks

$72,043.18
524,632.22

Total ex-

$22,547.00
162,496.10
968,318.00
120,435.90
$1,870,472.40

861,972.35

2,495,408.82
152,680.18

2,495,408.82
152,680.18

147,361.34
17,429.45

147,361.34
17,429.45

94,260.99
356,417.68

94,260.99
356,417.68

5,216,357.21

6,078,329.56

Tax paid by national banks on circulating notes
$3, 415, 840. 63
Total expenses of Currency Bureau paid from congressional
appropriations
861, 972. 35
Net income to Government from taxes on circulation
Respectfully submitted.

2, 553, 868. 28

J. F. T. O'CONNOR,

Comptroller oj the Currency.
To the SPEAKER OF THE HOUSE OF REPRESENTATIVES.







APPENDIX
143

145

EEPOBT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 1.—Comptrollers and Deputy Comptrollers of the Currency, dates of
appointment and resignation, and States whence appointed
No.

Date of
appointment

Name

Date of
resignation

State

COMPTROLLERS OF THE CURRENCY
McCulloch, Hugh
Clarke, Freeman
Hulburd, Hiland R
Knox, John Jay
Cannon, Henry W
Trenholm, William L_._.
Lacey, Edward S
Hepburn, A. Barton
Eckles, James H
Dawes, Charles G
Ridgely, William BarretMurray, Lawrence O
Williams, John Skelton..
Crissinger, D . R
Dawes, Henry M
Mclntosh, Joseph W
Pole, J. W
O'Connor, J . F . T

May
Mar.
Feb.
Apr.
May
Apr.
May
Aug.
Apr.
Jan.
Oct.
Apr.
Feb.
Mar.
May
Dec.
Nov.
May

1,1898
1,1901
28,1908
2,1914
17,1921
1,1923
20,1924
21,1928
11,1933

May
Aug.
Mar.
Aug.
Jan.
Jan.
Aug.
Apr.
Mar.
Sept.
June
July
May
July
Jan.
July
July
Dec.
Jan.

12,1867
8,1872
5,1886
27,1887
11,1890
7,1893
12,1896
1,1898
29,1899
1,1908
21,1923
1,1923
6,1925
1,1927
6.1927
1.1928
24,1933

9,1863
21,1865
1,1867
25,1872
12,1884
20,1886
1,1889
2,1892

Mar. 8,1865
July 24,1866
Apr. 3,1872
Apr. 30,1884
Mar. 1,1886
Apr. 30,1889
June 30,1892
Apr. 25,1893
Dec. 31,1897
Sept. 30,1901
Mar. 28,1908
Apr. 27,19131
Mar. 2,1921
Apr. 30,1923
Dec. 17,1924
Nov. 20,1928
Sept. 20,1932

Indiana.
New York.
Ohio.
Minnesota.
Do.
South Carolina.
Michigan.
New York.
Illinois.
Do.
Do.
New York.
Virginia.
Ohio.
Illinois.
Do.
Ohio.
California.

DEPUTY COMPTROLLERS OF THE CURRENCY
Howard, Samuel T___.
Hulburd, Hiland R_.Knox, John Jay_.^
Langworthy, John S_.
Snyder, V. P
Abrahams, J. D
Nixon, R.M.i
Tucker, Oliver P
Coffin, George M
Murray, Lawrence O .
Kane, Thomas P
Fowler, Willis J
Mclntosh, Joseph W_.
Collins, Charles WT_.__
Stearns, E . W
Await, F . G
Gough, E . H
Proctor, John L
Lyons, Gibbs

i Term expired.

9,1863 Aug. 1,1865
1,1865 Jan. 31,1867
Apr. 24,1872
Jan. 3,1886
Jan. 3,1887
M a y 25,1890
Mar. 16,1893
Mar. 11,1896
Aug. 31,1898
June 27,1899
Mar. 2,1923 2
Feb. 14,1927
Dec. 19,1924
June 30,1927
Nov. 30,1928

2

Jan. 23.1933

New York.
Ohio.
Minnesota.
New York.
Do.
Virginia.
Indiana.
Kentucky.
South Carolina.
New York.
District of Columbia.
Indiana.
Illinois.
Do.
Virginia.
Maryland.
Indiana.
Washington.
Georgia.

Died Mar. 2, 1923.

TABLE N O . 2.—Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, Oct. 31, 1933
Name
Quinn, Edmund F
Gross, Clyde E
Kane, William A
Avery, Antoinette
Marble, George R
Offutt, William F
Johnston, Edna E
Thompson, George
Reese, William H
Verrill, Harry M
Bock, Carl
Tucker, Samuel M
Ellis, H. B
Herndon, John W
Buell, Willard E
Hanlon, Margaret T
Lewis, John O
Basinger, Walter S
O'Mara. Vera L
Tylor, Gertrude I
Whelan, Marjorie B
Reed, S. E
Lovelly, Laura F
Jones, Margaret E
O'Brien, May F




Designation
Administrative offi cer
Administrative assistant
Senior administrative assistant.,
.do
.do..
Junior administrative assistant.,
.do
.do..
_do_.
.do..
_
•_• Principal clerk
Junior administrative assistant.
Principal clerk
do.
do_.
Senior clerk,
do.
Principal clerk.
Senior clerk
Principal clerk,
.do..
Senior clerk.
Clerk
Senior clerk.
Clerk

Salary
$4, 800
3,600
3,400
3,300
3,300
2,900
2,800
2,800
2,700
2,700
2,700
2,600
2,600
2,500
2,400
2, 400
2,400
2,300
2,300
2,300
2,300
2,200
2,160
2,100
2,040

146

KEPOKT 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, Oct. 31, 1933—Continued
Designation

Name
Bentley, Thomas B__.
Hcizer, Helen V
Horsey, Olga S_
Friedrichs, Minna K—
Jump, Mollie C
Puinphrey, Carrie B._.
Andrews, Ettie F
Haley, John R_ _._.
Hilleary, Rua
Harris, John E___
King, Dorothy C
Erickson, Bertha V
Heizer, Nannie B
Munnerlyn, Joseph A.
Nolan, Lida A
Smith, Helen M
Beall, Clara M
Jamieson, William G.Lowell, Harriet P.
Gorham, W. Abbott
Haygood, Ethel
Bales,
Anna SDelia L.
Brumbaugh,
Buckley, Regina C...
Chisholm, Elizabeth
Colburn, Nellie A
Hopkins, Edna I
Magmder, Edith P
Nichols, Sada C
Schiller, Ernestine H_.
Walker, Johanna S
Mortimer, Mary H
Baldwin, Wallace N__
Burlingame, Delia J...
Hewson, Ella
Jorgenson, John A
Barry, Gertrude I
Crocker, Henry A. D.
Haymon, N. Mabel_._
Mallet, Katherine H._
McCrone, Clara O'B_.
McKinney, Elva L_
Quackenbush, Dorothy S
Tschiffely, Lacey B. R
Dodge, Victor H
Dailey, William
Caudell, Mary L
Mueller, Pauline.
Smith, Clara E
Watts, Metta F
Sazama, Alice R.
McPherson, Mabel E
Glenn, Frances Moncure.
Barksdale, George T
C ana van, Josephine M.__.
Croson, Maud B
Kellam, Margaret M
McFadden, Arthur M.._.
Mundie, James F
Shaffer, Dorothy L
Wilson, Mildred C
Wolfe, Alice M
Ford. Ethel D
Herring, Sarah E
Parsons, Ruth
Ethridge, Elsie E
Fox, Bessie E
Fubershaw, Miriam
Shea, Catherine L
Treuthart, Hubert
Hatter, Madeline B
Kidd, Jeannette B
Moore, May LaPorte
O'Donnell, Josephine A__
Parsons, Edith N
Frock, Annie C
Harleston, Catherine
Chiles, Charles R
Elmore, Annie L
_
Taylor, Mathilda S




Senior clerk...
.....do
Senior clerk-stenographer
Assistant clerk
do
Clerk-stenographer
Clerk
Senior clerk
Clerk-stenographer
Assistant clerk
d
do
....do
do
Head typist
Senior operator, office devices.
Clerk,
Clerk-stenographer
|
do_.
Assistant clerk.
I
j
|

do.
do.
do.

Assistant clerk-stenographer..
Junior clerk
do
do
.... do
Assistant clerk
do
do
do
do
do
do.
'
do..
Assistant clerk-stenographer..
Junior clerk
Assistant clerk
.do.
do
|
do.
Assistant clerk-stenographer
Senior stenographer
Junior clerk
Assistant clerk
do
.....do
....do
do
do
do
do
Assistant clerk-stenographer.__
do
do
Senior stenographer.__
do
do
do
Assistant clerk-stenographer. _ _
Senior operator, office devices. _
do
Senior operator, office devices..
Junior clerk
Senior typist
Counter clerk
do
Uncier clerk
Junior clerk
do

Salary
$2,000
2,000
2,000
1,980
1, 980
1,980
1,920
1,920
1,0.20
1, 863
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
1,740
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
1,620
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
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

147

REPORT 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 Currencyf Oct. 31, 1933—Continued
Designation

Name
Chamberlain, Robert J_
Kemether, Eva C
Wood, Kathleen
Dillard, John
Marks, Grace J
Shely, Myrtle B
White, Grace M
Brown, Edith L
Weeks, George W
Dillon, Minnie L
Curtin, Anna E
Whiteman, Edgar
Arvidson, Ruth V
Brannock, Burneta
Smith, Mabel W
Sheward, Adelaide EL__
DuRant, Anna K
Dutrow, Mary H
Duvall, Grace N
Mennel, Theresa
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
Mims, Alvin E_
Holland, Thomas
Taylor, John H
Mann, Harry C
Gervais, Gladys E
Hill, Edgar W
Thompson, Frank
Doucet, EvaH
Hurd, Agnes E
Robinson, Bessie N
Simber, Marie C
Sullivan, Etta J
Barrett, Lester J
Berkley, Guy H
Jackson, Emmitt G
Jackson, Hamp
Tillman, Melvin
Taylor, Mary F
Williams, Beatrice

Salary

Junior operator, office devices.
do
Junior clerk
Under clerk
Money counter
Junior clerk-typist
do
Junior clerk
Junior mechanic
Counter clerk
Money counter
Messenger . . .
Junior stenographer _
Junior operator, office devices do
Junior clerk
Money counter
do
do
do
do

$1,560
1,560
1,560
1,560
1,560
1,500
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
1,380
1,380
1, 380
1,380
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
1,260
1,260
1,200
1,200
1,200
600
600

•__

do
Under clerk
do
Money counter
do
Messenger
do.
do.
do.
do-

__| Senior laborer.
|
do

Under clerk
Money counter
Messenger
Senior laborer
Money counter
....do
....do

..

.....do
Messenger
do
do
do
....do
Minor domestic attendant.
....do

TABLE N O . 3.—Number of national banks organized, since Feb. 25, 1863, number

passed out of the system, and number in existence Oct. 31, 1933
Under act of Feb. 25, 1863
Underact of June 3, 1864, as amended
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, 1918
Number placed in charge of receiver i_

1

456
8,602
10
4,752
.

5,039
208
378
2, 396

13,820

Total number passed out of the system

8,021

Number now in existence

5,799

Exclusive of those restored to solvency.




148

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 4.—Authorized capital stock of national banks on the 1st day of each

month from Jan. 1, 1929, to Nov. 1, 1933, 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 1931]

Date

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

NumUnited
Circulation
ber of
Authorized States bonds secured
banks capital stock, on deposit by United
in existcommon
to secure
States
ence
circulation
bonds

1929

Total
nationalbank notes
outstanding

7,687
7,666
7,643
7,628
7,601
7, 599
7,587
7,565
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, 448 666,630, 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, 665 666, 736,100
1,692, 229,165 667,635, 650

662, 904,627
662,455,487
659,651, 580
661, 924,472
663, 364, 517
663, 328, 203
662, 773, 570
657, 764, 443
649, 297, 900
652, 823,980
661,822, 047
664,115,977

35,877,502 698,782,129
34,822, 732 697, 278, 219
35,231,759
694,883,339
36, 750, 627 698, 675, 099
38, 720, 772 702,085,289
39.651, 731 702, 979, 934
41, 520, 872 704, 294, 442
39, 707, 550 697, 471, 993
687, 950, 563
38.652, 573
691, 388, 665
38, 564, 685
700, 328,815
38,506,768
37, 465,128
701, 581,105

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, 015 667, 774,650
1, 715, 527, 415 667, 464, 790
1, 718,132, 565 667,108,740
1, 717,107,165 667, 251,240
1, 713, 508,165 667,650, 750
1, 754, 760, 629 667,156, 250
1, 753, 790, 629 666, 824, 750
1, 752, 883,129 666,406, 250
1, 753, 458,129 667, 320, 950
1, 748, 968,129 667,819, 250
1, 748, 495, 629 669,128, 450
1,741, 729,668 669, 222, 350

663,823,167
664, 468, 092
664, 928,197
665,107,343
665, 974, 780
665, 719, 485
665,607,070
663, 528,038
664, 838, 833
665,853, 557
668, 017, 935
668,033,075

34,118, 073
32,115,298
31,669, 548
31,066, 745
31, 225, 248
31,933,193
32,710,398
33, 025,390
32,984,335
33,414,773
32,137,965
31,911,805

697, 941,240
696, 583,390
696, 597, 745
696,174,088
697, 200,028
697, 562,678
698,317,468
696, 553,428
697,823,168
699,268, 330
700,155,900
699,944,880

7,144
7,097
7,049
7,004
6,982
6,937
6,886
6,841
6,790
6,744
6,619
6,564

1, 737, 079,668 668, 550,850
1, 732,131, 068 666, 204, 350
1, 728, 321, 068 667,434,800
1, 725, 826, 068 667, 982, 300
1, 724, 821, 068 668, 503, 700
1, 718, 432,146 667, 419,300
1, 713, 822,146 667,154,800
1, 709, 282,146 668, 305,100
1, 705, 277,146 667,950,100
1,697, 752,146 667, 098, 590
1,660, 760,146 665, 255, 340
1,633, 380, 350 660,625,090

667, 078,250
664,451,097
664, 220,805
666, 770,878
665,889,688
665, 591, 438
666, 594, 576
666,020, 536
665,271,853
665,182, 578
658,491,916

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
43,896,465

698, 436, 695
696, 390,165
698,113,508
699, 249, 583
698, 049, 051
696, 599,126
697, 004, 446
698, 505,816
698, 260, 281
698,133, 776
699,009,031
702,388,381

6,411
6,339
6,307
6,278
6,255
6,205
6,172
6,145
6,128
6,104
6,081

1,644,834, 765 666,474, 590
1,635,615, 265 660,409, 240
1,608,392, 765 664, 944, 440
1,605, 062, 765 667,669,240
1,602, 337,815 668,882,490
1, 598, 067,815 669,827, 590
1, 589, 685,815 670,487, 590
1, 576, 995,815 672,408,440
1, 574, 254,815 733,600,490
1, 571, 709, 825 780,377,630
1,645, 519, 825 799,672, 590
1,641,824,825 812,590, 590

664, 798,311
654,580,738
665,138,348
666, 238, 578
666, 472, 241
668, 580,423
669, 570,345
667,831,250
719,829,513
769,831,107
787,913,945
796,032,621

45,813, 585
61,183,878
67,238,875
71,700,685
71,523,840
70,036,500
67,103,868
66,046,173
63,5T6,840
62,191,678
75,161,955
79,848,287

710,611,896
715,764,616
732,377,223
737,939,263
737,996,081
738,616,923
736,674,213
733,877,423
783,406,353
832,022, 785
863,075,900
875,880,908

6,049
5,999
5,964
5,953
5,944
5,941
5,946
5,940
5,914
5,884
5,799

1,640,249,825 796,908,870
1, 630, 569, 825 796,069, 670
1, 624, 864, 825 806,026,070
1, 629,060, 825 885,871, 740
1,631,738,325 899,410, 240
1, 599,853, 325 897, 952, 290
1, 597, 369, 675 856,394, 230
1,602,829, 625 852, 529,890
1, 597, 612, 625 855, 781, 930
1, 596,967, 825 857, 210,430
1,587, 047,825 852, 631,430

786, 734,150
786,034,870
800,885,900
875,820,165
893,199, 238
864, 590, 423
853, 935, 968
848, 207,263
851,509,995
852,464,810
849,453, 595

94, 596,698
95, 111, 140
93,435,155
90,840,375
88,832,155
116,072,980
116, 665,120
118, 426, 910
114,422,100
110, 533, 735
112,094,540

881,330,848
881,146,010
894,321,055
966, 660, 540
982,031,393
980, 663,403
970, 601,088
966, 634,173
965,932,095
962,998, 545
961, 548,135

1930

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

Lawful
money on
deposit to
redeem
circulation

1931

January...
February. _
March
April
May
June
July
August
September.
October
November.
December..
1932

January...
February- _
March
April
May
June
July
August
September.
October
November.
December..
1933

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

NOTE.—Notes redeemed but not assorted not included in circulation outstanding.
NOTE.—New series of notes included since July 1929.




REPOKT OF THE COMPTROLLEK OF THE CURRENCY

149

TABLE NO. 5.—National hanks reported in liquidation from Nov. 1, 1932, to Oct.
81, 1983, the names, where known, of succeeding banks in cases of succession,
with date of liquidation and capital
Name and location of bank
The Farmers National Bank of Canton, Pennsylvania (9317), absorbed by
The First National Bank of Canton
The Tillamook National Bank, Tillamook, Oregon (13192), absorbed by The
First National Bank of Tillamook
_
The Wynona National Bank, Wynona, Oklahoma (12052)..
The First National Bank of Altona, Illinois (11331), succeeded by The Altona
National Bank, Altona
_
The First National Bank of Hindsboro, Illinois (5538), absorbed by The Oakland National Bank, Oakland, 111
The National Bank of Commerce of Los Angeles, California (12755)
The First National Bank of Vacaville, California (9795), absorbed by Bank
of America National Trust and Savings Association, San Francisco, Calif..
The Ensley National Bank of Birmingham (p.o. Ensley), Alabama (12906),
absorbed by Ensley Bank & Trust Company, Ensley
The Commercial National Bank of Bellflower, California (12754), absorbed
by The First National Bank of Bellflower
The First National Bank of Bristol, Tennessee (2796), succeeded by The First
National Bank in Bristol
The First National Bank of Appleton City, Missouri (2636), succeeded by
Citizens Bank of Appleton City
The Citizens National Bank of Houghton, Michigan (5896), absorbed by
The Houghton National Bank, Houghton
The Citizens National Bank of Navasota, Texas (5190), absorbed by The
First National Bank of Navasota
The American National Bank of Fort Towson, Oklahoma (11256)
First National Bank in Coeur d'Alene, Idaho (13288), absorbed by American
Trust Company of Coeur d'Alene
The Vale National Bank, Vale, Oregon (12262), absorbed by Ontario National
Bank, Ontario, Oreg
First National Bank in Aurora, Oregon (10619), succeeded by Canby Union
Bank, Canby, Oreg
The First National Bank of Kirkwood, Illinois (2313), absorbed by The
National Bank of Monmouth, 111
The Sabinal National Bank, Sabinal, Texas (7807), absorbed by The Sabinal
State Bank, Sabinal
The First National Bank of Del Kio, Texas (5294), absorbed by Del Rio
National Bank, Del Rio
The Lehigh Valley National Bank of Bethlehem, Pennsylvania (2050), absorbed by The First National Bank and Trust Company of Bethlehem
The First National Bank of Donora, Pennsylvania (5835), succeeded by The
Union National Bank of Donora
Hartshorne National Bank, Hartshorne, Oklahoma (13100), succeeded by
Bank of Hartshorne, Hartshorne
The First National Bank of Comanche, Oklahoma (6299), absorbed by Security State Bank of Comanche
The Matoaka National Bank, Matoaka, West Virginia (12839), absorbed by
The Bank of Matoaka, Matoaka...
The Citizens National Bank & Trust Company of Watertown, South Dakota
(3349), absorbed by The First National Bank and Trust Company of
Watertown, Watertown
The First National Bank of Bushnell, Illinois (4709), absorbed by Farmers &
Merchants State Bank, Bushnell
The First National Bank of Steele, North Dakota (8997), succeeded by Bank
of Steele
The National Bank of Witt, Illinois (13144), succeeded by The Security
National Bank of Witt
The First National Bank of Paden, Oklahoma (11824), absorbed by The
Prague National Bank, Prague, Okla
The First National Bank of Whitney, Texas (7875), succeeded by First National Bank in Whitney
..__
The First National Bank of Medford, Wisconsin (5695), absorbed by The
State Bank of Medford
.
The First National Bank of Kerens, Texas (7529), succeeded by First National Bank of Kerens
_________
The First National Bank of Pickton, Texas (12915), absorbed by The First
National Bank of Winnsboro, Texas
The First National Bank of Sonora, California (7202), absorbed by Tuolumne
County Bank of Sonora.
The Ouachita National Bank of Monroe, Louisiana (8654), succeeded by The
Ouachita National Bank in Monroe
The National Bank of Rising Sun, Indiana (1959), succeeded by Citizens
State Bank, Rising Sun
.,
.
The Stock Yards National Bank of Chicago, Illinois (12493), absorbed by The
Stock Yards Trust and Savings Bank of Chicago
The Alpha National Bank, Alpha, New Jersey (12823), absorbed by The
Phillipsburg National Bank and Trust Company, Phillipsburg, N. J
First National Bank in Sulphur Springs, Texas (12845), succeeded by First
National Bank of Sulphur Springs.
The First National Bank of Great Bend, Kansas (3363), absorbed by American State Bank of Great Bend




Date of
liquidation

Capital

Nov. 1,1932

$50,000

Oct. 31,1932
Nov. 10,1932

50,000
25,000

Nov. 5,1932

50,000

Nov. 22,1932
Nov. 1,1932

35,000
500,000

Nov. 22,1932

50,000

Nov. 10,1932

200,000

Nov. 29,1932
do
Jan. 13,1932
Dec.

25,000
250,000
55,000

1,1932

100,000

Nov. 29,1932
Nov. 19,1932

100,000
25,000

do

100,000

Nov. 15,1932

50,000

Oct. 15,1932

25,000

Dec.

1,1932

50,000

Dec.

10,1932

100,000

....do

100,000

Dec.

19,1932

400,000

Dec.

12,1932

125,000

Dec.

4,1930

50,000

Dec.

16,1932

25,000

June 21,1932

25,000

Jan.

3,1933

100,000

Dec.

21,1932

75,000

Dec.

28,1932

25,000

Jan. 10,1933

50,000

31,1932

25,000

Jan. 10,1933

Dec.

50,000

Jan. 11,1933

50,000

Jan. 18,1933

50,000

Jan. 19,1933
Dec.

25,000

19,1932

150,000

Jan. 10,1933

600,000

Jan. 24,1933

100,000

Jan. 10,1933

2,000,000

do

25,000

..do..

100,000

-do.

150,000

150

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 5.—National banks reported in liquidation from Nov. 1, 1932y to Ocl-

31, 1933, 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

The Commercial National Bank of Shreveport, Louisiana (3600), succeeded
by Commercial National Bank in Shreveport
Jan. 10,1933
$1,000,000
The First National Bank of Oran, Missouri (12907)
_
25,000
Feb. 1,1933
The First National Bank of Parkersburg, West Virginia (180), succeeded by
The Peoples National Bank of Parkersburg
Dec. 31,1932
500,000
The First National Bank of Pleasanton, Texas (8103), succeeded by First
National Bank in Pleasanton
_
Jan. 24,1933
50,000
The First National Bank of Newkirk, Oklahoma (5272), absorbed by The
Eastman National Bank of Newkirk
Feb. 9,1933
25,000
The First National Bank of Orland, California (10378), absorbed by Bank of
America, San Francisco, Calif..
_.
Jan. 30,1933
50,000
The First National Bank of Audubon,Iowa (4891), succeeded by First State
....do
Bank of Audubon.
100,000
The Northwestern National Bank of Milwaukee, Wisconsin (12564), absorbed
by First Wisconsin National Bank of Milwaukee
.
200,000
Feb. 14,1933
The National Exchange Bank of Weston, West Virginia (1607), succeeded by
The Weston National Bank, Weston
,
Sept. 15,1932
150,000
The First National Bank of Longville, Louisiana (11254), absorbed by CalJan. 10,1933
25,000
casieu National Bank in Lake Charles, La
The Citizens National Bank of Harlan, Kentucky (12243), absorbed by The
Jan. 11,1933
Harlan National Bank, Harlan
100,000
The Citizens National Bank of Winchester, Indiana (10989), absorbed by The
Feb. 15,1933
50,000
Peoples Loan & Trust Co. of Winchester
The First National Bank of Thorndale, Texas (5882), absorbed by Thorndale
50,000
State Bank, Thorndale
-~ Feb. 23,1933
Ligonier National Bank, Ligonier, Pennsylvania (13432), succeeded by The
125,000
First National Bank in Ligonier
_. Feb. 24,1933
The Greensburg National Bank, Greensburg, Indiana (5435), succeeded by
Feb. 28,1933
75,000
The Greensburg Bank, Greensburg
The Kerens National Bank, Kerens, Texas (11411), succeeded by First NaFeb. 20,1933
80,000
tional Bank of Kerens
The Peoples National Bank of Stamford, Connecticut (12400), absorbed by
150,000
Mar. 1,1933
The First-Stamford National Bank and Trust Company, Stamford
200,000
The Roseland National Bank of Chicago, Illinois (12605)
. Mar. 4,1933
The First National Bank of Mullan, Idaho (8906), absorbed by Wallace Bank
25,000
Mar. 10,1933
" and Trust Company, Wallace, Idaho
The Farmers National Bank of Glasgow, Kentucky (9722), succeeded by The
Mar. 15,1933
100,000
New Farmers National Bank of Glasgow
The Hominy National Bank, Hominy, Oklahoma (12069), succeeded by First
Feb. 18,1933
25,000
State Bank, Fairfax, Okla
The First National Bank of Grove, Oklahoma (10119), succeeded by Bank of
Jan. 1,1933
25,000
Grove, Grove
The First National Bank of Henderson, North Carolina (7564), succeeded by
Mar. 15,1933
200,000
First National Bank in Henderson
___
The First National Bank of Sebree, Kentucky (7242), absorbed by Sebree
Mar. 20,1933
40,000
Deposit Bank, Sebree
The Maury National Bank of Columbia, Tennessee (4849), absorbed by ComFeb. 27,1933
200,000
merce Union Bank of Nashville, Tenn
The National Bank of Orleans, Indiana (5558), succeeded by The Bank of
Mar. 22,1933
55,000
Orleans, Orleans
The First National Bank of Kio Grande, Texas (11591), absorbed by The First
....do
25,000
State Bank <fe Trust Co. of Rio Grande
The Farmers National Bank of Exchange, Pennsylvania (8410), absorbed by
Mar. 25,1933
25,000
The Danville National Bank, Danville, Pa
The First National Bank of Hawthorne, New Jersey (12663), absorbed by
Mar. 15,1933
100,000
Peoples Bank of Hawthorne
The First National Bank of Brillion, Wisconsin, (7224), succeeded by Farmers
Mar. 28,1933
50,000
and Merchants Bank, Brillion
First National Bank in Prescott, Arizona (13262), absorbed by Valley Bank
Mar. 25,1933
100,000
and Trust Company, Phoenix, Ariz
The Commercial National Bank of Madison, Wisconsin (9153), succeeded by
Feb. 28,1933
200,000
Commercial State Bank of Madison
The First National Bank of Coon Rapids, Iowa (5514), succeeded by First
Apr. 11,1933
25,000
State Bank of Coon Rapids
The Atlantic National Bank, Atlantic, Iowa (2762), succeeded by Atlantic
100,000
State Bank, Atlantic
- Mar. 15,1933
The First National Bank of East Rainelle (p.o. Rainelle), West Virginia
25,000
(12565), absorbed by The Ronceverte National Bank, Ronceverte, W. Va._ Apr. 6,1933
The First National Bank of Knox City, Texas (7953), absorbed by The Citi25,000
zens State Bank of Knox City
-- Apr. 15,1933
The First National Bank of Orange, Texas (4118), succeeded by First National
Mar. 31,1933
300,000
Bank in Orange
The First National Bank of Redondo Beach,California (8143),absorbed by Bank
200,000
of America National Trust and Savings Association, San Francisco, Calif. . Mar. 17,1933
The First National Bank of Linnton, Portland, Oregon (10534), absorbed by
Apr. 1,1933
25,000
The United States National Bank of Portland
The Citizens National Bank of Portland, Oregon (13299), absorbed by The
200,000
....do
United States National Bank of Portland
Peninsula National Bank of Portland, Oregon (10103), absorbed by The
200,000
....do
United States National Bank of Portland



EEPORT OF THE COMPTROLLER OP THE CURRENCY

151

TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 1982, to Oct.
SI, 1933j the names, where known, of succeeding banks in cases of succession,
with date of liquidation and capital—Continued
Name and location of bank
The First National Bank of Rule, Texas (8242), absorbed by Farmers State
Bank of Rule
The First National Bank of Casselton, North Dakota (2792), succeeded by
First State Bank of Casselton
The Citizens National Bank of Merrill, Wisconsin (10176), succeeded by
Citizens State Bank, Merrill
._
The First National Bank of Black River Falls, Wisconsin (3897), succeeded
by The First State Bank of Black River Falls..
The La Jolla National Bank of San Diego, California (13208), absorbed by
Security Trust & Savings Bank of San Diego
._.
The First National Bank of Blackwell, Texas (12722), absorbed by First
National Bank in Bronte, Tex
The First National Bank of Wausau, Wisconsin (2820), succeeded by First
American State Bank of Wausau
American National Bank of Wausau, Wisconsin (4744), succeeded by First
American State Bank of Wausau
The First National Bank of Casey, Illinois (6026), succeeded by The First
National Bank in Casey
The Delaware County National Bank of Muncie, Indiana (4809), absorbed
by The Merchants National Bank of Muncie and The Merchants Trust
and Savings Bank of Muncie
The Citizens National Bank of Ennis, Texas (7331), succeeded by Citizens
National Bank in Ennis
The First National Bank of Burkburnett, Texas (8706), succeeded by First
National Bank in Burkburnett
The First National Bank of Bardwell, Texas (10678), absorbed by Citizens
National Bank in Ennis, Tex
The First National Bank of Midlothian, Texas (7775), succeeded by First
National Bank in Midlothian
The First National Bank of Lyman, Nebraska (13271), absorbed by First
National Bank in Morrill, Nebr
The First National Bank of Dongola, Illinois (10086), absorbed by First
State Bank of Dongola
The Farmers National Bank of Brenham, Texas (10860), succeeded by The
Farmers National Bank in Brenham
The Ames National Bank, Ames, Iowa (10408), absorbed by Ames Trust &
Savings Bank, Ames
The First National Bank of New London, Wisconsin (5013), absorbed by
Farmers State Bank of New London
__
The First National Bank in Ardmore, Oklahoma (12472), succeeded by First
National Bank at Ardmore
Citizens National Bank in Marietta, Georgia (13469), absorbed by The First
National Bank of Marietta
The First National Bank of Toledo, Illinois (5273), succeeded by The
First National Bank in Toledo
Ballard First National Bank of Seattle, Washington (13581), absorbed by
First National Bank of Seattle
The Farmers and Miners National Bank of Bentleyville, Pennsylvania (9058),
absorbed by The Citizens National Bank of Bentleyville
The First National Bank in Valley Mills, Texas (13272), succeeded by First
National Bank in Valley Mills
The First National Bank of Rural Retreat, Virginia (10061), absorbed by The
Peoples Bank of Rural Retreat
The First National Bank of Lott, Texas (6223), succeeded by The First
National Bank in Lott
City National Bank and Trust Company of Evanston, Illinois (5279), succeeded by First National Bank and Trust Company of Evanston
The First National Bank of Houston, Texas (1644), succeeded by First
National Bank in Houston
The First National Bank of Colfax, Iowa (7114), succeeded by The First
National Bank in Colfax
The First National Bank of Bolivar, Missouri (7271), absorbed by Polk
County Bank of Bolivar
The First National Bank of Muscatine, Iowa (1577), succeeded by First Trust
& Savings Bank of Muscatine
___•_
The Cedar Falls National Bank, Cedar Falls, Iowa (3871), succeeded by
Cedar Falls Trust and Savings Bank, Cedar Falls
The Painted Post National Bank, Painted Post, New York (11956), succeeded
by The First National Bank of Painted Post
The First National Bank of McGregor, Iowa (323), absorbed by Marquette
Savings Bank, Marquette, Iowa
The Davis National Bank of Piedmont West Virginia (4088), absorbed by The
First National Bank of Piedmont
The First National Bank of Sewickley, Pennsylvania (4462), succeeded by
First National Bank in Sewickley
The First National Bank of Mt. Calm, Texas (10297), succeeded by The First
National Bank in Mount Calm
The City National Bank of Wichita Falls, Texas (4248), succeeded by City
National Bank in Wichita Falls
31460°—34
11




Date of
liquidation

Apr. 14,1933

Capital

$30,000

Mar. 18,1933

50,000

Apr. 20,1933

150,000

Apr. 26,1933
Apr.

8,1933

50,000
200,000

Apr. 15,1933

25,000

Apr. 26,1933

350,000

Apr.

3,1933

600,000

May 10,1933

50,000

do

300,000

Apr. 26,1933

100,000

Apr. 25,1933

100,000

Apr. 24,1933

40,000

Apr.

60,000

4,1933

May 10,1933

25,000

June

1,1933

25,000

May 29,1933

100,000

Mar. 31,1933

50,000

May 31,1933

75,000

Apr. 20,1933

200,000

June

6,1933

100,000

June 10,1933

100,000

June 14,1933

100,000

do

50,000

May 19,1933

35,000

June 14,1933

50,000

June 20,1933

50,000

June 21,1933

300,000

June 21,1933

3,000,000

June 24,1933

50,000

July

1,1933

25,000

July

8,1933

200,000

June 30,1933

100,000

July 11,1933

25,000

May 29,1933

50,000

July 15,1933

50,000

July 14,1933

100,000

July 17,1933
July

1,1933

50,000
1,000,000

152

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 5.—National banks reported in liquidation from Nov. 1, 198%, to Oct.
81, 1938, the names, where known, of succeeding banks in cases of succession,
with date of liquidation and capital—Continued
Name and location of bank
The Farmers National Bank of Dublin, Texas (12758), absorbed by The Dublin
National Bank, Dublin
The Trinity National Bank, Trinity, Texas (10078), succeeded by The First
National Bank of Trinity
The Exchange National Bank of Tulsa, Oklahoma (9658), succeeded by
National Bank of Tulsa
_
The First National Bank of Latrobe, Pennsylvania (3831), succeeded by First
National Bank in Latrobe
The First National Bank of Marissa, Illinois (6691), succeeded by First National Bank of Marissa
_
__
First National Bank & Trust Company of Asheville, North Carolina (12244),
succeeded by First National Bank and Trust Company in Asheville
First National Bank in Hemphill, Texas (13526), absorbed by The First
National Bank of San Augustine, Tex
The First National Bank of Gadsden, Alabama (3663), succeeded by The First
National Bank in Gadsden
The Citizens National Bank of Abilene, Texas (6476), succeeded by The Citizens National Bank in Abilene
The Stock Yards National Bank of Denver, Colorado (11540)
Journal Square National Bank of Jersey City, New Jersey (12255), absorbed
by Hudson County National Bank, Jersey City
The First National Bank of Greencastle, Indiana (219), absorbed by Citizens
Trust Company of Greencastle which changed its title to First-Citizens
Bank and Trust Company
The Capital National Bank of Jackson, Mississippi (6646), succeeded by
Capital National Bank in Jackson
The First National Bank of Cameron, Texas (4086), succeeded by First National Bank in Cameron
The Orrville National Bank, Orrville, Ohio (6362), succeeded by The National Bank of Orrville
The First National Bank of Williston, North Dakota (5567), succeeded by
The First International Bank of Williston
The First National Bank of Frederick, Oklahoma (8140), succeeded by First
National Bank in Frederick
The First National Bank of Gainesville, Texas (6292), succeeded by The
Gainesville National Bank in Gainesville
The West Toledo National Bank of Toledo, Ohio (13256), absorbed by Toledo
Trust Company, Toledo
The Medford National Bank, Medford, Oregon (8236), succeeded by Medford
National Bank, Medford
National Bank of Doniphan, Nebraska (13456), absorbed by The First National Bank of Grand Island, Nebr
The City National Bank of York, Nebraska (4935), absorbed by The First
National Bank of York
The City National Bank of Belfast, Maine (7586), succeeded by The First
National Bank of Belfast
The Frederick County National Bank, Frederick, Maryland (1449), succeeded
by Frederick County National Bank of Frederick
The Patapsco National Bank of Ellicott City, Maryland (3585), succeeded by
Patapsco National Bank in Ellicott City
The First National Bank of Astoria, Oregon (3486), absorbed by The First
National Bank of Portland
The Citizens National Bank of Okmulgee, Oklahoma (6241), succeeded by
The Citizens National Bank in Okmulgee
Tipton National Bank, Tipton, Iowa (13232), succeeded by Tipton State
Bank, Tipton
The First National Bank of Mapleton, Iowa (10701), absorbed by First State
Bank of Mapleton
The Gavitt National Bank of Lyons, New York (7479), absorbed by The
Lyons National Bank, Lyons
The First National Bank of Lowell, Ohio (5329), absorbed by The Peoples
Banking & Trust Company, Marietta, Ohio
The First National Bank of Paxton, Illinois (2926), succeeded by First National Bank in Paxton
The Esmont National Bank, Esmont, Virginia (8003), absorbed by The
Peoples National Bank of Charlottesville, Virginia
The First National Bank of Haviland, Kansas (11464), succeeded by The
Haviland State Bank, Haviland__
___
Total (155 banks).




Date of
liquidation

July 27,1933

Capital

$50,000

July 28,1933

50,000

June 14,1933

3,000,000

July 21,1933

150,000

July 29,1933

50,000

Aug. 10,1933

300,000

Aug. 15,1933

25,000

Aug. 21,1933

250,000

Aug. 19,1933
Aug. 7,1933

200,000
250,000

Aug. 15,1933

500, 000

Sept. 1,1933

100,000

Aug. 15,1933

300,000

Aug. 29,1933

75,000

Aug. 26,1933

100,000

Aug. 19,1933

75,000

Sept. 15,1933

100,000

Sept. 19,1933

200,000

Sept. 18,1933

200,000

Sept. 19,1933

100,000

Sept. 16,1933

25,000

Sept. 14,1933

100,000

Oct.

300,000

Sept. 28,1933

150,000

Oct.

100,000

7,1933

Sept. 28,1933

100,000

Sept. 30,1933

200,000

June

8,1933

50,000

Oct. 12,1933

50,000

Oct. 16,1933

100,000

Oct. 21,1933

26,000

Oct. 23,1933
Oct. 10,1933

75,000

Oct. 26,1933

25,000
50,000
26,805,000

TABLE NO. 6.—Capital stock, surplus, undivided profits, and total assets of banks consolidated under act of Nov. 7, 1918, as amended Feb. 25,
1927, and June 16, 1933, for the year ended Oct. 31, 1933, as shown by their last reports prior to consolidation
Closing banks
Charter
no.

Title and location

8646 The Grange National
Bank of Chester County
at Downingtown.
8519 The City National Bank
of Floresville.
7562 Terre Haute National
Bank and Trust Company, Terre Haute.
Bethlehem Trust Company, Bethlehem.

State

Pa
Tex....

Capital

$100,000

Continuing banks
UndiSurplus vided
profits

$75,000 $14,272
15,000

Total

Capital

Title and location

$728,574

The Downingtown
tional Bank.

6320 The First National Bank
of Floresville.
47 First-McKeen National
Bank and Trust Company of Terre Haute.
138 The First National Bank
and Trust Company of
Bethlehem.
The National Bank of
Shamokin.

524

321,747

Ind....

600,000 400,000 21,368

7,405,387

Pa

260,940 376,880112,091

2,641,637

50,000

Charter
no.

Na-

125,000 125,000 20,472 1,932,061
Dime Trust and Safe Deposit Company, Shamokin.
464,231
The First National Bank
The Peoples Bank and ..do..
125,000 25,000 4,836
Trust Company of
of Montoursville.
Montoursville.
115,436 3248 The First National Bank
80,000 20,000 2,936
5680 The Albany National Tex___.
Bank, Albany.
of Albany.
First Minneapolis Trust Minn_. 1,000,000 1,000,000 414^,830 22,832,594
710 First National Bank in
Company, MinneapoMinneapolis.
lis.
102,412 9485 The First National Bank
The Citizens National Tex..-.
25,000
191
2,500
Bank of Post.
of Post City.
2,854,240 13659 The Terminus National
750,000 250,000
13382 The Terminal National Ill
Bank of Chicago.
Bank of Chicago.
375,866 5018 The First National Bank
100,000 25,000 9,250
12670 The State National Bank Tex___.
of Wills Point.
of Wills Point.
541, 259 12292 The Puget Sound National
200,000 25,000 7,972
Puget Sound Broadway Wash..
Bank, Tacoma.
Bank of Tacoma.
641,141
446 The First National Bank
50,000 25,000 5,885
953 The Newcastle National Maine.
Bank of Damariscotta.
of Damariscotta.
i New national bank did not report prior to consolidation.




Surplus

Undivided
profits

Date of
reports

Date of
consolidation

1932
1932
$1,840,138 Sept. 30 Nov. 5

$125,000 $325,000
10,782

50,000

Total

607,059

_do_.

Nov. 8

500,000

500,000

43,392

300,000

700,000

65,033 12,748,142 ..do

Nov. 28

200,000

400,000

39,837

Dec. 13

125,000

60,000

16,829

882,324 —do.—. Dec. 17

75,000

25,000

20,872

1933
782,404 Dec. 31 Jan. 24

6,000,000 5,000,000
50,000
200,000

6,004,900 ...do

4,163,098 —do

fel

Nov. 15 '

3

o

422,160 100,265,552 ...do.—. Jan. 31
4,020

585,454 —do

Feb. 13
Feb. 23

0)

50,000

16,000

8,409

600,000

150,000

28,526

50,000

50,000

355,608 Dec. 31

May 12

3,509,680 . . . d o . . — June 17
1,640,436 —do—_. June 19

3
o
4
O
CO

TABLE N O . 6.—Capital stocky surplus, undivided profits, and total assets of banks consolidated under act of Nov. 7,1918, as amended Feb. 25,
1927, and June 16, 1933, for the year ended Oct. 31, 1933, as shown by their last reports prior to consolidation—Continued
Closing banks
Charter

no.

800£

6032

Title and location

State

TheHall County National Tex
Bank of Memphis.
First Union Trust and 111
Savings Bank, Chicago.
Norfolk National Bank of Va
Commerce and Trusts,
Norfolk.
6 State banks
10 national banks.




Continuing banks

Capital Surplus

Undivided
profits

Total

Charter
no.

Title and location

Capital

Surplus

Undivided

profits

Total
assets

Date of
Date of consolireports dation

1933
$25,000 $10,407
$609,708 June 30
$100,000
of Memphis.
10, 000, 000 5,000,000
284,824
,000,
!84,824 176,i, 025, 309
The First National Bank 25, 000, 000 15,000,
5,000, 000 5,,216, 103 624, 494, 745 —do
of Chicago.
2,500,000 500,000 424, 281 26, 635, 253 9885 The Virginia National
600,000
200,000
39, 250 5,009,322 __.do
Bank of Norfolk.
$50,000

•—l
jj

$20,000 $5,582

$236, 552 6107 The First National Bank

11, 710,940 6, 551,880 845,025 204,437,091
4,305, 000 1, 332, 500 484, 289 39, 416, 608

16 national banks

3
3

1933
July 3
July 17
Oct.

9

O
O

34,025,000 22, 451,000 6,040,743 763, 498, 570

o

I

REPORT OF THE COMPTROLLER OF THE CURRENCY

155

TABLE NO. 7.—National banks consolidated under act of Nov. 7, 1918, as amended
June 16, 1933, capital, surplus, undivided profits, and total assets, year ended
Oct. 31, 1933
Consoli- Chardater
tion no.
no.

Title and location of bank

661 The Downingtown National
Bank, Downingtown.
497 6320 First City National Bank of
Floresville.
498
47 Terre Haute First National
Bank, Terre Haute.
496

State

Pa




Capital Surplus

1932
Nov. 5 $140,000 $325,000

Undivided
profits

Total
assets

$73,332 $2, 341, 624

Tex.__. Nov. 8

100,000

12,121

Nov. 15

500,000

500, 000 1, 074,357 13, 492, 524

1933
Jan. 24

100,000

Feb. 13

50,000

Feb. 23

200,000

100,000
10,000

Ind.-.

502 3248 The First National Bank of Tex
Albany.
604 9485 The First National Bank of — d o . . .
Post.
505 13659 The Terminal National Bank of Ill
Chicago.
506 5018 The First National Bank of T e x - . .
Wills Point.
508 446 The First National Bank of Maine.
Damariscotta.
509 6107 The First National Bank of T e x . . . .
Memphis.
511 9885 National Bank of Commerce of Va
Norfolk.
Total (10 banks)

Date of
consolidation

10,000

838, 980
8,172

May 12

50,000

June 19

100,000

July

3

100,000

20,000

Oct.

9 2,000,000

400,000

566, 501

512,066
2, 251, 617
551, 776

33,924 2,117,618
1,187

767, 397

200, 000 28, 439,119

3, 340, 000 1, 365, 000 1, 425, 791 51, 879, 222

TABLE iNO, 8,—State banks and national banks consolidated under act of Feb. 25, 1927, as amended June 16, 1933, their consolidated capital,
surplus, undivided profits, and total assets, year ended Oct. 31, 1933
Consolidation
no.

Title and location of State bank

Charter
no. of
national
bank

499

Bethlehem Trust Company, Bethlehem..

138

500

Dime Trust and Safe Deposit Company, Shamokin.
The Peoples Bank and Trust Company
of Montoursville.

6942

501
503
507
510

First Minneapolis Trust Company,
Minneapolis.
Puget Sound Broadway Bank, Tacoma_
First Union Trust and Savings Bank,
Chicago.
Total (6 State banks with 6 national banks).




6997
710
12292
8

Title and location of national bank

State

Date of
consolidation
1932
Nov. 28

Capital

Surplus

Undivided

profits

Increase
in auTotal assets thorized
capital

The First National Bank and Trust Pa
Company of Bethlehem.
National-Dime Bank of Shamokin..
—do_._ Dec. 13

$500,000

$400,000

$157,558

$12,060,452

$200,000

325,000

175,000

170,162

5,671,168

125,000

The First National Bank of Montours- ...do-._ Dec. 17
ville.
1933
First National Bank and Trust Com- Minn_. Jan. 31
pany of Minneapolis.
The Puget Sound National Bank of Wash.. June 17
Tacoma.
Ill
The First National Bank of Chicago
July 17

125,000

25,000

19,539

1,092, 791

6,000,000

5,000,000

555,523

114, 644, 260

600,000

150,000

78,845

3,493, 063

15,000, 000 11,601,563

655,419, 050

32, 550, 000 20, 750, 000 12, 583,190

792, 380, 784

25,000,000

3
S

3
325,000

o

157

EEPOET 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 Oct. 31, 1933
Number of
banks

Location
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut-

Capital

_

34
28
22
190
52
6-5

$4, 605, 000
2, 595, 000
2,029,990
72, 691, 200
16, 717, 550
18, 932, 770

England
.--

391

117, 571, 510

__
._

241
50
124
6
36
6

125, 331, 291
9,820, 450
34,009,095
585, 010
10, 249, 372
1,080,000

Total Eastern States- ...

463

181,075, 218

Total New
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

-...

....

Total Southern States...

Number of
banks

Location

34
39
48
32
21
34
19
12
142
42
43
51

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

_..
__

Total Western States....

i 63, 462, 900

120,760,800

_..

Washington
Oregon
California
Idaho.
Nevada
Arizona

584

$2,890,000
1,908,000
81,855, 000
3,020,000
3, 620,000
7, 581,000
2, 285,000
17, 601,800

24
27
45
26
36
115
44
49

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

Capital

51
104
83
37
9
35
7
192

2, 760,000
1,750,000
5, 285, 000
4,182,000
1,485,000
320,000
2,755,000
400,000
7, 970, 000

602

26, 907,000

73
30
113
26
1
5

6,825,000
1,951, 000
45, 272,800
1,080,000
50,000
300,000

Total Pacific States

248

55,478,800

Total United States

2,654

565, 356, 228

i $300,000 of which is preferred capital stock.

TABLE NO. 10.—Conversions of State banks and primary organizations as national
banks from Mar. 14, 1900, to Oct. 31, 1933
Conversions of
State banks
Classification
Number
Capital less than $50,000
Capital $50,000 or over.
Total

Capital

Reorganizations
from State and
private banks
and national
banks
Number

Capital

Primary
organizations
Number

Capital

Total

Number

Capital

898 $23, 933, 300 1,167 $30,909, 500 2,687 $69,375, 500 4,752 $124,218,300
837 262,102,800
870 161,649,000 2,097 340,110,000 3,804 763,861,800
1,735 286, 036,100 2,037 192,558, 500 4,784 409,485, 500 8,556 888,080,100

TABLE N O . 11.—Number of national banks increasing their capital, together with
the amount of increase monthly for years ended Oct. 31, since 1928
1929
Months
November.
DecemberJanuary
FebruaryMarch
April
May._
June
July
August
September.
October
Total

Number

Capital

1930
Number

1931
Number

Capital

$5, 932, 500
23,615,000
4, 763, 400
4,850, 000
1,870,000
1,671,000
46,122, 464
3,305,000
3, 562, 500
1, 585,000
625, 000
1, 512, 500

$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
1 335 1 181, 730,125

Capital

2 225

2 99, 414, 364

1

Of these cases, 80 were effected wholly or in part by stock dividends aggregating $20,793,750.
2 Of these cases, 68 were effected wholly or in part by stock dividends aggregating $6,085,130.

Of these cases, 12 were effected wholly or in part by stock dividends aggregating $752,617.
Digitized for *FRASER


$1, 521, 539
1,630,000
1,195,000
420,000
1,575,000
365,000
216,078
855,000
665,000
1,330,000
2, 655, 000
1, 225,000
3

13,652, 617

158

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 11.—Number of national banks increasing their capital, together with
the amount of increase monthly for years ended Oct. SI', since 1928—Continued
1933

1932
Months
Number
November.
December _.
January
February..
March
April
May
June
July
August
September .
October

Capital

Common
capital

Number

$14,600, 504
24,665,000
285, 500
822, 500
6, 050, 000
750, 050
70,000
845,000
260,000
72,500
925, 010

TotaL.

'64

* 49, 346, 064

Number

Preferred
capital

$245,000
355,000
550,000
187,500
65, 000
630, 000
115,000
1, 841,350
3, 268,300
475,000
473, 700
775,000
6 53

5

8,980,850

$680, 000
7, 576, 900
5,394,000
20,011,200
6, 582, 000
4, 750,000
2, 560,000
1,185,000

166

48, 739,100

4

Of these cases, 3 were effected wholly or in part by stock dividends aggregating $270,504.
e Of these cases, 3 were effected wholly or in part by stock dividends aggregating $260,000.

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 Oct. 31, since
1913, with the yearly increase or decrease
Closed
Chartered
Year

No.

1914....
1916-"!
1917....
1918-...
1919
1920....
1921
1922. _ „
1923
1924....
1925....
1926
1927....
1928...1929
1930....
1931-...
1932

1933.—

Capital

Consolidated
under act
Nov. 7, 1918
No.

195 $18,!, 675, 000

Loss to
capital

144 9, 689, 500
122 6, 630, 000
176 11,590,000
164 13,400, 000
245 21, 780,000 26 2$3,220,000
2 1, 650, 000
361 31, 077, 500
2 850,000
169 20,005,000
2 3,275,000
232 24,890, 800
2 2,575,000
190 30, 522, 500
2 1, 255,000
135 21, 375,000
2 1, 660, 000
251 26,040,000
2 4, 455, 010
160 29, 705, 000
2
3,407,000
135 43,570,000
2 6.857, 500
113 26,160,000
2 4, 780,075
141 38,195,000
21, 355,000
108 12, 240,000
2 2,882, 500
78 9,690,000
2 3,385,500
68 87,145, 000
176 i 74,761,500 10 2 2, 765, 000

In voluntary
liquidation

No.

Capital

Insolvent

No.

Capital

21 $1,810,000
113 $26,487, 000
14 1,830,000
82 13,795,000
13
805,000
135 14,828, 000
7 1, 230, 000
107 14, 367, 500
2
68 16,165, 000
250,000
1
83 16, 380,000
25,000
5
84 14, 730, 000
205,000
93 37,075, 000 34 1, 870, 000
103 18, 910, 000 31 2,015,000
53 3,405,000
121 39,290,000
155 40, 745,000 138 9,635,000
123 14, 467, 500
6,420,000
153 28, 668, 300 91 5, 412, 500
165 37,495,000 135 8,257,000
156 27, 381, 000 61 4,135, 000
221 98, 267, 500 79 6, 575,000
263 39, 230,400 104 8,355,000
308 59, 595,000 36946,862,000
236 97, 340, 300 380 50, 505, 585
155 26,805, 000 3 348 76,107, 500

Net yearly
Net yearly
increase
decrease
(exclusive of
(exclusive of
existing banks existing banks
increasing
decreasing
their capital) their capital)
No.

Capital

62
94
135 $2,155,000
257 14, 492, 500
18
77
690,800

No.

Capital

$9, 622, 000
5, 935, 500
9,003, 000
4,007, 500
3, 015, 000
19, 790,000
3 14, 747, 500
174 30, 260,000

15 3, 492, 500
114 8, 820, 810
176 4, 439,000
125 11, 743, 500
201 70, 707, 575
288 35, 260, 400
599 96, 809, 500
515 55,406, 385
* 305 127,656,000

includes $31,347,000 preferred capital authorized for 69 banks.
2
Amount of capital stock reductions incident to consolidations.
3There were 9 banks restored to solvency with an aggregate capital of $1,025,000 for which receivers had
been appointed prior to Nov. 1,1932. Also includes 23 banks with an aggregate capital of $2,235,000 which
had been placed in voluntary liquidation by their shareholders prior to Nov. 1,1932.
* There was a decrease of 305 banks, considering the 9 banks restored to solvency and the 23 banks which
were in voluntary liquidation.




REPOET OF THE COMPTROLLER OF THE CURRENCY

159

TABLE NO. 13.—Total number of national banks organized, consolidated under act
of Nov. 7, 1918, as amended June 161 1933, insolvent, in voluntary liquidation,
and in existence on Oct. 31, 1933

Organized

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
Arkansas
Kentucky
Tennessee
Total Southern States.-

__

._.

Ohio
Indiana
Illinois
. .Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana.
W y o m i n g

__ _

.. _

_ - _ _ _ _ . _

Colorado
New Mexico
Oklahoma _
Total Western States

__

._

Washington
- . . __ _
Oregon
California . _
Idaho
_
__
Utah
Nevada
_
Arizona
-..
Total Pacific States

__

Alaska ..
_ __
The Territory of Hawaii
Puerto Rico.
Total Alaska and insular posessions
Total United States, Alaska, and insular possessions




Consolidated
underact
Nov. 7,
1918

4

Insolvent

I n liquidation

1

In existence

123
76
81
364
65
120

1
1

4
8

17
2
4

25
2
6

68
16
23
182
51
51

829

29

46

391

363

969
390
1,183
30
134
31

47
15
40
1
4

103
42
138
1
13
6

339
81
260
13
54
10

480
252
745
16
66
11

2,737

107

303

757

1,570

240
174
141
114
174
126
169
75
93
1,108
133
237
202

17
9

4
3
31
1
9
6

22
31
43
41
40
41
42
16
11
132
31
27
30

64
50
50
48
70
36
49
31
49
476
47
97
89

137
84
44
19
56
48
76
24
30
469
54
104
77

2,986

101

507

1,156

1,222

652
415
760
285
248
475
519
283

22
11
14
4
4
9

87
78
181
56
35
103
192
51

282
192
245
130
92
143
191
130

261
134
320
95
112
223
132
93

3,637

79

783

1,405

1,370

257
217
388
440
191
57
207
81
726

3
1
1
4

12

95
86
77
74
74
12
53
24
81

83
60
168
153
64
20
64
30
408

76
70
142
209
50
25
87
27
225

2,564

27

576

1,050

911

217
143
502
109
38
16
30

17
2
12

47
28
57
35
5
4
5

69
50
281
46
15
5
16

84
63
152
28
15
7
9

1,055

34

181

482

358
4
1

64
8
1
2

9
6

3
3

3

50
55
49
140
10
59

5
6
1

1

1
4
1

12

1

6

5

13,820

378

5,247

5,799

2,396

160

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 14.—Changes of corporate title of national hanks, year ended Oct. 31,
1933
Charter
no.
13216
2935
6645
5578
13577
13026
614
13334
10666
10686
1345
13357
13006
13687
1014
13296
6185
11312

Title and location

Date

Straus National Bank and Trust Company of Chicago, Illinois, to "American National
Bank and Trust Company of Chicago"
The First National Bank and Trust Company of Watertown, South Dakota, to " T h e
First Citizens National Bank of Watertown"
The Merchants-Citizens National Bank and Trust Company of Allentown, Pennsylvania, to " T h e Merchants National Bank of Allentown"
Monroe County National Bank and Trust Company of East Stroudsburg, Pennsylvania,
to "Monroe County National Bank of East Stroudsburg"
" T h e State-National Bank of Peru, Illinois", Peru,Illinois, to "State-National Bank of
Peru"
The Hatfield National Bank and Trust Company, Hatfield, Pennsylvania to " T h e
Hatfleld National Bank"
The Lechmere National Bank of East Cambridge, Cambridge, Massachusetts, to " T h e
Lechmere National Bank of Cambridge"
The National Bank of Bayside in New York, New York, to " T h e Bayside National
Bank of New York"
The First National Bank of Schellburg,Pennsylvania, to " T h e First National Bank
of Schellsburg "
_
The First National Bank of Camas, Washington, to " Clark County National Bank of
Vancouver", Wash
The Auburn-Cayuga National Bank and Trust Company, Auburn, New York, to " T h e
National Bank of Auburn"
Red River National Bank and Trust Company of Grand Forks, North Dakota, to " Red
River National Bank of Grand Forks"
The Stewart National Bank and Trust Company of Livonia, New York, to " The Stewart
National Bank of Livonia"
The First National Bank at Massillon, Ohio, to " The First National Bank in Massillon " .
The Bay State National Bank of Lawrence, Massachusetts, to " B a y State Merchants
National Bank of Lawrence"
The National Bank of Queens County in New York, New York, to " Flushing National
Bank in New York"
The First National Bank of White Rock, South Dakota, to " T h e Roberts County National Bank of Sisseton" S.Dak
The First National Bank of Black Rock, Arkansas, to " T h e First National Bank of
Lawrence County at Walnut Ridge" Ark
.

1933
Jan. 3
Do.
Jan. 11
Jan. 14
Jan. 16
Jan. 18
Jan. 24
Jan. 25
Jan. 27
Apr. 26
May 31
June 17
July 12
July 14
July 31
Aug. 11
Aug.

12

Sept. 16

TABLE N O . 15.—Changes of corporate title incident to consolidations of national
banks and of State banks with national banks, year ended Oct. 31, 1933
The City National Bank of Floresville, Texas (8519), and the First National Bank of Floresville (6320),
consolidated under the charter of the latter, with title "First City National Bank of Floresville."
Terre Haute National Bank and Trust Company, Terre Haute, Indiana (7562), and First-McKeen National Bank and Trust Company of Terre Haute (47), consolidated under the charter of the latter with
title "Terre Haute First National Bank."
Dime Trust and Safe Deposit Company, Shamokin, Pennsylvania, and the National Bank of Shamokin
(6942), consolidated under the charter of the latter with title "National-Dime Bank of Shamokin."
First Minneapolis Trust Company, Minneapolis, Minnesota, and First National Bank in Minneapolis
(710), consolidated under the charter of the latter with title "First National Bank and Trust Company
of Minneapolis."
The Citizens National Bank of Post, Texas (12969), and the First National Bank of Post City (9485),
consolidated under the charter of the latter with title " T h e First National Bank of Post."
The Terminal National Bank of Chicago, Illinois (13382), and the Terminus National Bank of Chicago
(13659), consolidated under the charter of the latter with title " T h e Terminal National Bank of Chicago."
Norfolk National Bank of Commerce and Trusts, Norfolk, Virginia (6032), and the Virginia National
Bank of Norfolk (9885), consolidated under the charter of the latter with title " National Bank of Commerce of Norfolk."

TABLE NO. 16.—National banks chartered during the year ended Oct. 31, 1933
Capital

Charter
no.

Title
Common

Preferred

ALABAMA

13728 The First National Bank in Gadsden _
13752 The Headland National Bank
13789 The First National Bank at Bessemer
Total (3 banks)




__

$125,000
25,000
50,000

$125,000
25,000
50,000

200,000

200,000

REPORT OF THE COMPTROLLER OF THE CURRENCY

161

TABLE NO. 16.—National banks chartered during the year ended Oct. 31,1933—Con.
Capital

Charter
no.

13693
13719

Title
Common

The Planters National Bank of Mena.
The First National Bank of Conway..
Total (2 banks)..

13711
13787

First National Bank of Chico
Coast National Bank in Fort Bragg.
Total (2 banks)

Preferred

$50, 000
25, 000

$25,000

75,000

25,000

150, 000
25,000

25,000

175,000

25,000

150,000

200,000

CONNECTICUT

13704 The Tradesmens National Bank of New Haven.
DISTRICT OF COLUMBIA

13782 Hamilton National Bank ofWashington

1,000,000

GEORGIA

13725
13819

The Geo. D. Warthen National Bank of Sandersville..

50,000

IDAHO

100,000

Lewiston National Bank.
ILLINOIS

13650
13652
13659
13660
13666
13672
13673
13674
13682
13684
13691
13695
13696
13705
13709
13714
13718
13735
13744
13795
13804
13805

The Security National Bank ofWitt
The Illinois National Bank & Trust Co. of Kockford...
The Terminus National Bank of Chicago i
Moline National Bank-.
The First National Bank of Stockton
National Boulevard Bank of Chicago
The First National Bank in Casey
The Live Stock National Bank of Chicago
The First National Bank in Toledo
The Mid-City National Bank of Chicago
The National Security Bank of Chicago
First National Bank of Freeport
The Prange National Bank of New Douglas
The First National Bank in Joliet
First National Bank and Trust Company of Evanston.
The First National Bank of Galena—
._
The First Lake County National Bank at Libertyville.
First National Bank of Marissa
The City National Bank of Hoopeston
The First National Bank in Mascoutah
The Security National Bank of Cairo...
The First National Bank in Columbia
First National Bank in Paxton
Total (23 banks).

25, 000
200,000
200, 000
200,000
25,000
500,000
25, 000
1,000,000
25,000
400, 000
200, 000
125,000
25,000
100,000
150,000
160, 000
50,000
25,000
50,000
50,000
50,000
50,000
50,000
3,685,000

200,000
150,000

50,000
400,000

INDIANA

13717
13729
13759
13788
13816
13818

First National Bank in Marion
Marion National Bank of Marion
American National Bank of Indianapolis...
The Stone City National Bank of Bedford.
First National Bank in New Castle
Fort Wayne National Bank
Total (6 banks) .

The First National Bank in Colfax
The First National Bank in Burlington
.
The First Capital National Bank of Iowa City
The National Bank of Waterloo
.
The Community National Bank & Trust Company of Knoxville.
The First National Bank in Humboldt
...
i Title changed to ''The Terminal National Bank of Chicago."

13686
13694
13697
13702
13707
13766




100,000
100,000
1,000,000
100,000
80,000
320,000
1,700,000
25,000
100,000
100,000
140,000
50,000
50,000

350,000
1,800,000
20,000
500,000
2, 670,000

60,000

162

REPOBT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 16.—National banks chartered during the year ended Oct. 31,1983—Con.
Capital

Char
ter
no.

Title
Common

Preferred

IOWA—continued
13785 The Montgomery County National Bank of Red Oak.
-.._
13817 The Citizens National Bank of Boone

Total (8 banks)..

$50,000
100,000
615,000

$60,000

100,000

100,000

100,000
100,000
100,000

100,000

300, 000

100,000

1, 000, 000
500, 000
1, 200, 000
1, 200,000
80, 000
300,000

1,500,000
1,500,000
100,000
300,000

4,280,000

3,400,000

KANSAS

13801 Security National Bank of Kansas City
KENTUCKY

13651 The New Farmers National Bank of Glasgow.
13757
13763 The First National Bank of Henderson

The First National Bank of Paintsville
Total (3 banks) .

LOUISIANA

13648
13655
13688
13689
13732
13737

Commercial National Bank in Shreveport
The Ouachita National Bank of Monroe
The Hibernia National Bank in New Orleans
The National Bank of Commerce in New Orleans
The First National Bank of Jefferson Parish at Gretna.
City National Bank of Baton Rouge
Total (6 banks) .
MAINE

13710
13716
13730
13734
13750
13762
13768
13769
13777
13786

National Bank of Commerce of Portland.
First National Bank at Portland
Springvale National Bank
The First National Bank of Rockland
Norway National Bank
The First National Bank of Belfast
Northern National Bank of Presque IsleFirst National Bank of Waterville
The First National Bank of Pittsfield
National Bank of Calais.
Total (10 banks).

400,000
400,000
50,000
125,000
50,000
100,000
150,000
300,000
50,000
84,000
1, 709,000

100,000
125,000
100,000
150,000
50,000
50,000
575,000

MARYLAND

13680
13745
13747
13773
13776
13798

The First National Bank of Bel Air
Baltimore National Bank
Frederick County National Bank of Frederick..
Patapsco National Bank in Ellicott City
The Garrett National Bank in Oakland
The First National Bank of Chestertown
Total (6 banks) .

50,000
500,000
75,000
100,000
50,000
50,000

1,000,000
75,000

825,000

1,075,000

13733 The First National Bank of Athol.
13780 Webster National Bank
13796 First National Bank of Reading...

100,000
100,000
40,000

""60,"000

Total (3 banks) .

240,000

160,000

5,000,000
40,000
3,000, 000
200, 000
100,000
78,000
500,000
20,000
400,000
60,000
100,000

12,500,000
60,000

9,498, 000

13,952,000

MASSACHUSETTS

100,000

MICHIGAN

13671
13703
13738
13739
13741
13753
13758
13793
13799
13807
13820

National Bank of Detroit
The Birmingham National Bank
The Manufacturers National Bank of Detroit.
Community National Bank of Pontiac
The National Bank of Jackson
._
First National Bank of Niles
The National Bank of Grand Rapids.
The National Bank of Richmond
Peoples National Bank of Grand Rapids
The National Bank of Ypsilanti
The American National Bank of Kalamazoo...
Total (11 banks) .




200,000
200,000
22,000
250,000
30,000
500,000
40,000
150,000

REPORT OF THE COMPTROLLER OF THE CURRENCY

163

TABLE NO. 16.—National banks chartered during the year ended Oct. 31,1933—Con.
Capital

Charter
no.

Title
Common

Preferred

MINNESOTA
13692
13713
13784

T h e C i t i z e n s N a t i o n a l B a n k of P a r k R a p i d s __
T h e First National B a n k in Cannon Falls
T h e Citizens N a t i o n a l B a n k of M a d e l i a . __

$25,000
60,000
50,000

_ _ _ _ _

135,000

Total ( 3 banks)
MISSISSIPPI
13708
13722

Capital National Bank in Jackson
Britton & Koontz National Bank in Natchez.
Total ( 2 banks)

_

_._

_

150,000
100,000

$200,000

250,000

200,000

50,000
107, 500
900,000

92,500
1, 350,000

1,057, 500

1, 442, 500

MISSOURI
13690
13726
13736

The National Bank in North Kansas City
The American Exchange National Bank in St. Louis
Union National Bank in Kansas City
_
Total (3 banks)

__

NEW HAMPSHIRE
13764
13808

Groveton National Bank
Total (2 banks)

50,000
25,000

25,000

75,000

25,000

250,000

250,000

NEW MEXICO
13814

First National Bank in Albuquerque
NEW YORK

13664
13748

The First National Bank of Painted Post
Otsego County National Bank of Cherry Valley

_-

Total (2 banks)

_

50,000
50,000
100,000

NORTH CAROLINA
13657
13721
13761
13779
13791

The Depositors National Bank of Durham _
First National Bank and Trust Company in Asheville
Security National Bank of Greensboro _"
The Citizens National Bank in Gastonia
The National Bank of Sanford
Total (5 banks)

» ,

200,000
150,000
300,000
100,000
25,000

150,000
300,000
100,000
30,000

775,000

580,000

100,000

150,000

100,000
200,000
60,000
50,000
100,000
100,000
50,000
100,000
60,000

100,000

820,000

215,000

NORTH DAKOTA
13790

First National Bank in Grand Forks

_

OHIO
13687
13715
13740
13742
13749
13767
13774
13797
13802

The First National Bank at Massillon 2
The Peoples National Bank of Lakewood
The Citizens National Bank of Bryan
The National Bank of Orrville
Bellefontaine National Bank
The National Bank of Lima
The Cleves National Bank
Van Wert National Bank
The First National Bank of Dennison

_
.__

Total (9 banks)

15,000
100,000

OKLAHOMA
13677
13679
13751
13756
13760
13770

First National Bank at Ardmore
National Bank of Tulsa
The Citizens National Bank in Okmulgee
The National Bank of Commerce of Altus
First National Bank in Frederick
The National Bank of McAlester
Total (6 banks)

Title changed to "The First National Bank in Massillon."
Digitized for 2FRASER


- --

-_

100, 000
2,000,000
100,000
50,000
25,000
100,000
2, 375,000

4,000,000
25,000
4, 025, 000

164

KEPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 16.—National banks chartered during the year ended Oct.

Capital

Charter
no.

13771

81,19SS—Con.

Title
Common

Medford National Bank..

$50,000

Preferred

$50,000

PENNSYLVANIA

13658
13663
13699
13700
13701
13754
13765
13772
13781
13794
13803
13812
13813

The First National Bank in Ligonier
The Citizens National Bank of Bentleyville
First National Bank in Sewickley
First National Bank in Latrobe
The Pitt National Bank of Pittsburgh
The First National Bank of Peckville
The Fulton County National Bank of MeConnellsburg.
First National Bank of Seottdale
United States National Bank in Johnstown
The First National Bank at Derry
First National Bank'in Sharon
First National Bank in Harrisville
The First National Bank at Canonsburg
Total (13 banks) _

100,000
50,000
100,000
150, 000
700,000
100, 000
50,000
300, 000
800,000
50,000
300,000
50, 000
200,000
2,950, 000

SOUTH CAROLINA

13720

The First National Bank of Columbia

200,000

TENNESSEE

13654
13681
13746

Chattanooga National Bank
National Bank of Commerce in Memphis
The Commercial National Bank of Chattanooga..
Total (3 banks).

13647 The First National Bank in Lott 3
13649 First National Bank in Whitney
13653 First National Bank of Sulphur Springs
13656 First National Bank of Kerens
13661 First National Bank in Orange
13665 City National Bank in Wichita Falls
13667 Citizens National Bank in Ennis
13668 First National Bank in Burkburnett
13669 The First National Bank in Mount Calm
13670 First National Bank in Midlothian
13675 First National Bank in Valley Mills
13676 Wichita National Bank of Wichita Falls
13678 The Farmers National Bank in Brenham
13683 First National Bank in Houston
13698 The Gainesville National Bank in Gainesville.
13706 The First National Bank of Trinity
13727 The Citizens National Bank in Abilene
13731 First National Bank in Cameron
13743 Mercantile National Bank at Dallas
13778 First National Bank of Temple
13810 The Farmers National Bank of Belton
13815 The First National Bank of Henrietta
Total (22 banks).

1, 500, 000
1, 000, 000
250, 000

400,000

2, 750, 000

400,000

25, 000
25,000
50,000
50,000
100,000
400,000
50,000
40,000
25,000
25,000
25,000
200,000
50,000
3,000, 000
100,000
15,000
100,000
50,000
1,000,000
100,000
25,000
20,000

100,000
12,500
100,000
100,000
25,000
30,000

5,475,000

367,500

50,000
25,000
50,000
50,000

~5O,~666

175,000

75,000

200,000
200,000

200,000
200,000

400,000

400,000

VERMONT

13685 The Windsor County National Bank of Windsor.
13712 Brandon National Bank
_...
13755 National White River Bank in Bethel
13800 The Welden National Bank in St. Albans
Total (4 banks) .

13775 The Citizens National Bank of Hampton...
13792 The Citizens National Bank of Petersburg.
Total (2 banks) .
* Receiver appointed July 25, 1933.




25,000

REPORT OF THE COMPTROLLER OF THE CURRENCY

165

TABLE N O . 16—National banks chartered during the year ended Oct. 31,1983—Con.
Capital

Charter
no.

Title
Common

Preferred

WASHINGTON
13662
13723
13724

The Washington National Bank of Olympia..
-The First National Bank of Shelton
The Colville Valley National Bank of Colville
Total (3 banks)

_

..
._..

$100, 000
50,000
50,000
200,000

WEST VIRGINIA
13646
13783
13811

The Central National Bank of Buckhannon
First National Bank in Marlinton
First National Bank in Fairmont

_

Total (3 banks)

50,000
25,000
200,000

$25,000
200,000

275,000

225,000

WISCONSIN
13645
13806

The American National Bank and Trust Company of Eau Claire.The Oshkosh National Bank

100,000
200,000

Total (2 banks)

300,000

Total United States (176 banks)

.- --

43, 414, 500

31,347,000

TABLE N O . 17.—National banks for which increase of capital was authorized, under
act Mar. 9, 1933', as amended, by the issuance of preferred stock, together with the
amount of increase and the rate of dividend, etc., to close of business Dec. 31, 1933

Charter
no.

Title

ALABAMA
3185
7148

The First National Bank of Birmingham
The First National Bank of Linden

Date

Preferred
increase
capital

Percent
of diviPar Sold at dend
to be
value
per
paid
of
shares share on the
par
value

1933
00 $100. 00 $100.00
June 5 /i$5,000,000.
V 2,500,000. 00 100.00 100.00
Dec. 22
40,000. 00 100.00 100.00

Total (2 banks)

16
24

5

7, 540,000. 00

ARKANSAS
2832

The Arkansas National Bank of Hot Springs.. Aug. 16

200, 000. 00

100.00

100.00

5

5, 000,000. 00
50,000. 00

20.00
100. 00

20.00
100. 00

6
5

100. 00
100. 00
50.00

100.00
100.00
50.00

5
5
5

100,00
100. 00
100.00

300.00
100.00
100. 00

6
5
6

CALIFORNIA
9174
12904

The Anglo California National Bank of San
June 29
Francisco
Dec. 27
The Compton National Bank, Compton
Total (2 banks)

5, 050,000. 00

COLORADO

The First National Bank of Meeker
The Colorado National Bank of Denver
The American National Bank of Denver

Sept. 18
Sept. 21
Dec. 29

Total (3 banks)

888

7435
1651
12517

1, 825, 000. 00

CONNECTICUT
943
8511
1340

Apr. 28
The Danbury National Bank, Danbury
Dec. 15
The Canaan National Bank, Canaan
The Central National Bank of Middletown... Dec. 22

Total (3 banks)




160,000. 00
50,000. 00
200,000. 00
410, 000. 00

i A.

2B.

166

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 17.—National banks for which increase of capital was authorized, under
act Mar. 9, 1983, as amended, by the issuance of preferred stock, together with the
amount of increase and the rate of dividend, etc., to close of business Dec. 31, 1933—

Continued

Charter
no.

Title

10245
7404

The First National Bank of Bradenton. _
The First National Bank of De Funiak
Springs
. ...

Preferred
increase
capital

Date

Percent
of diviPar Sold at dend
value
to be
per
of
paid
shares share on the
par
value

FLORIDA

1933
Sept. 30

$150,000.00 $100.00 $100.00

Dec. 15

5

100.00

100.00

5

25.00
25.00

25.00
25.00

15
26

100,000.00

100.00

100.00

6

200,000.00
100, 000. 00
100,000.00
200,000. 00
200, 000. 00
20,000.00
150,000. 00
50,000. 00
- 10,000.00
50, 000. 00
200, 000. 00
J49, 999, 666. 67
\
333.33
350,000.00

100.00
100.00
100.00
100.00
100. 00
100. 00
100.00
25.00
100. 00
100. 00
100.00
33.33
33.33
10.00

100.00
100.00
100.00
100.00
100. 00
100. 00
100. 00
50.00
100. 00
100.00
100. 00
33.33
33.33
10.00

6
6
4
6
6
4
6
6
4
5
6
5
5
5

100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
50.00

100.00
100.00
100.00
100.00
100.00
100.00
100. 00
100.00
100.00
100.00
100.00
50.00

4
6
5
5
5
5
3
4
5
4
6
6

3, 500,000. 00

100.00

100.00

5

The Commercial National Bank of Kansas Jsept. 18 / 1350,000.00
\ 2 ioo, 000.00
City
The Security National Bank of Arkansas City- Dec. 30
50,000.00

10.00
10.00
100.00

10.00
10.00
100.00

5
5
5

50,000. 00

Total (2 banks)

200,000.00

GEORGIA

7616

The Gainesville National Bank, Gainesville.._ July 13 /1

i 50,000.00
2 25,000.00
75,000.00

IDAHO

2972

The First National Bank of Lewiston

June 27

ILLINOIS

1881
3854
5548
4596
4576
10460
11308
4003
11774
6460
531
13639
10247

The Dixon National Bank, Dixon—
_• Apr.
Apr.
The Merchants National Bank of Aurora
The First National Bank of Carlyle
- Apr.
The Old Second National Bank of Aurora
___do
The Citizens National Bank of Decatur
- Apr.
The First National Bank of Wayne City
Apr.
The First National Bank of Hinsdale
May
The First National Bank of Harrisburg
May
The First National Bank of Woodlawn
May
The Farmers National Bank of Grayville
May
The Grundy County National Bank, Morris.. Aug.
Continental Illinois National Bank and Trust
[Dec.
Company of Chicago..
Dec.
The Lawndale National Bank of Chicago

13
20
22
25
29
4
9
19
25
21
22
30

Total (13 banks)

51, 630, 000. 00

INDIANA

7375
12444
5756
9562
12028
9463
8927
5300
6334
9682
9159
206

The Citizens National Bank of Tell City
Old National Bank in Evansville .
The Tell City National Bank of Tell City
The First National Bank of Oakland City
The First National Bank of Spurgeon
The Farmers National Bank of Princeton
The Farmers National Bank of Wadesville
The First National Bank of Petersburg
The Merchants National Bank of South Bend.
First-Cannelton National Bank, Cannelton.__
The First National Bank of Winslow
The First National Bank of Elkhart

Apr.
...do
Apr.
Apr.
Apr.
Apr.

18
19
21
25

15

Apr.
May
June
June
June

27
13
5
6
28

Total (12 banks)

35,000.00
500, 000. 00
25,000.00
40,000. 00
25,400.00
100,000. 00
25,000.00
125,000. 00
150,000. 00
75,000. 00
80,000.00
100, 000. 00
1, 280, 400 00

IOWA

2307

Iowa-Des Moines National Bank &' Trust
Company

Dec. 30

KANSAS

6311
10746

Total (2 banks)




500,000.00
3

B.

EEPORT OF THE COMPTROLLER OF THE CURRENCY

167

TABLE NO. 17.—National banks for which increase of capital was authorized, under
act Mar. 9, 1933, as amended, by the issuance of preferred stocky together with the
amount of increase and the rate of dividend, etc., to close of business Dec. 31, 1933—
Continued

Charter
no.

Title

Preferred
increase
capital

Date

Percent
of diviPar Sold at dend
value
to be
per
of
paid
shares share on the
par
value

KENTUCKY
9708
5881
9365
718
8439

The Union National Bank of Providence
_
The Farmers National Bank of Somerset
The American National Bank of Bowling
Green
- . ___
The First National Bank and Trust Company
of Covington
The Citizens National Bank of Glasgow

May 8
May 9

$30,000.00 $100.00 $100.00
100,000.00
10.00 12.50

6
5

Aug. 11

125.000.00

100.00

100.00

6

Sept. 2
Dec. 30

250,000.00
40,000. 00

10.00
100.00

10 00
100.00

5
5

100.00
100.00
100.00
100.00
10.00
25.00
10.00
50.00
25.00

100.00
100.00
125.00
200.00
20.00
25.00
10.00
75.00
25.00

6
6
6
6
6
6
5
6
5

100,000.00
30, 000.00
50, 000. 00
54,000. 00
50,000. 00
50, 000. 00
125,000.00
200,000. 00
100, 000. 00
100, 000. 00
100, 000. 00

100.00
10.00
10.00
100.00
10.00
10.00
5.00
10.00
10.00
2.50
2.50

100.00
10.00
15.00
200. 00
30.00
20.00
6.00
20.00
20.00
5.00
5.00

100,000.00

5.00

10.00

25,000.00

50.00

100.00

6

60,000.00

5.00

10.00

6

25, 000. 00

2.50

5.00

6

100.00
100.00
20.00
100.00
70.00
100.00
100.00
100.00
100.00
12.50

6
6
6
6
4
5
5
4
4
6

Total (5 banks)

545, 000. 00

MAINE
498
6287
192
9826
1142
446
1108
2311
330

First National Granite Bank of Augusta
The Rumford National Bank, Rumford
The First National Bank of Brunswick
The Kezar Falls National Bank, Kezar Falls..
The Thomaston National Bank, Thomaston._
The First National Bank of Damariscotta
The Medomak National Bank of Waldoboro_The Camden National Bank, Camden
The First National Bank of Lewiston.
Total (9 banks)
_
_

Apr. 15
May 5
June 1
June 12
June 20
July 3
Oct. 23
Nov. 25
Nov. 29

300, 000. 00
25,000. 00
100, 000. 00
50,000.00
50,000. 00
150,000 00
35, 000. 00
50,000.00
400,000.00
1,160,000. 00

MARYLAND
4634
3010
5445
7064
11193
8799
8381
742
7160
4049
1551
8456
6606
9699

Mar. 29
The First National Bank of Aberdeen
The First National Bank of Havre de Grace. _ Mar. 31
The Citizens National Bank of Havre de Grace. Apr. 1
The First National Bank of North East
Apr. 5
The National Bank of Perryville
Apr.. 22
The Woodbine National Bank, Woodbine
Apr. 26
The Second National Bank of Towson
. .do
Apr. 29
The First National Bank of Westminster
The First National Bank of Mount Airy
May 2
The Second National Bank of Hagerstown
May 6
The Washington County National Bank of
Williamsport
_
Aug. 3
The Southern Maryland National Bank of La
Plata
Aug. 12
The First National Bank of St. Mary's at
Leonardtown
Sept. 27
The Clear Springs National Bank, Clear
Springs
- Nov. 14
Total (14 banks)

/
I

1
2

Mar. 23
The Warren National Bank of Peabody
North Adams National Bank, North Adams. _ Apr. 8
The Somerville National Bank, Somerville
...do.-..
Apr. 20
The Methuen National Bank, Methuen
May 24
The National Bank of Wrentham
The Peoples National Bank of Southbridge... June 7
The First National Bank of Gardner
June 21
The First National Bank of Easthampton
June 26
The Peoples National Bank of Marlborough.. July 5
688 The Waltham National Bank of Waltham
Aug. 31
Total (10 banks)

31460°—34- - 1 2



i A.

6
6
6

1,169,000. 00

=====

MASSACHUSETTS
616
1210
4771
12800
1085
11388
884
428
2404

6
6
6
6
6
4
6
6

150,000. 00
200,000.00
400,000. 00
115,000.00
52,500.00
51,200. 00
250,000. 00
100,000. 00
125,000.00
200,000. 00
1,643,700.00
2B.

100.00
100.00
20.00
100.00
70.00
100.00
100.00
100.00
100.00
12.50

168

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 17.—National banks for which increase of capital was authorized, under
act Mar. 9, 1933, as amendedf by the issuance of preferred stock, together with the
amount of increase and the rate of dividend, etc., to close of business Dec. 31,1933—

Continued

Percent

Charter
no.

Title

Date

Preferred
increase
capital

of diviPar
dend
value Sold at to be
of
paid
share
shares
on the
par
value

MICHIGAN

11305
4446
9087
12697

1933
$50,000.00 $100.00 $200.00
The First National Bank of Wakefield
June 6
First National Trust and Savings Bank of Port }june 30 / i 500,000.00 50.00 50.00
\ 2 400,000.00 50.00 50.00
Huron.
100,000.00 100.00 100.00
The Superior National Bank of Hancock
Sept. 11
12,500.00 100.00 100.00
The Dart National Bank of Mason
Dec. 27
Total (4 banks)

6
5
5
6
5

1,062,500.00

MINNESOTA
6973
6828
7958

The First National Bank of Carlton
The American National Bank of St. Paul
First National Bank of Hopkins

30,000.00
Apr. 26
May 11 /I 1,000,000.00
1,000,000. 00
40,000.00
Dec. 16

100.00
100.00
100.00
100.00

100.00
100.00
100.00
100.00

6
6
6
5

100.00
25.00

100.00
25.00

6
4

July 29
1, 250, 000. 00 100.00
00 20.00
Dec. 29 \f 11,000,000.
2 500,000.00 20.00

100.00
20.00
20.00

5
15
»6

100. 00
100.00
100.00

6
5
6

Total (3 banks)

2,070,000.00

MISSOURI
12333
12955

Apr. 25
The First National Bank of Clayton
The Citizens National Bank of Maplewood_._ Aug. 8

Total (2 banks)

150,000.00
100,000.00
250,000.00

NEBRASKA
1633
209

The Omaha National Bank, Omaha
The First National Bank of Omaha
Total (2 banks)

2, 750, 000. 00

NEW HAMPSHIRE
1070
19
8147

The Souhegan National Bank of Milford
May 3
The First National Bank of Portsmouth.. _ ___do
The Wolfeboro National Bank, Wolfeboro
July 3
Total (3 banks).

125,000. 00 100.00
250, 000. 00 100.00
123, 000.00 100.00
498, 000. 00

NEW JERSEY
5215
2257
10712
10376
12022
2246
12033
8627
12037
3996
8267
10787
860

The First National Bank of Perth Amboy__.. Apr. 12
The Second National Bank and Trust Company of Red Bank
do—.
The Citizens National Bank of Bloomsbury... May 1
The Keansburg National Bank, Keansburg___ _..do
The Laurel Springs National Bank, Laurel
Springs
May 9
The First National Bank of Clinton
June 1
The North Arlington National Bank, North
Arlington
June 3
The First National Bank and Trust Company
June 9
of Kearny
June 20
The Ridgefield National Bank, Ridgefield
The Haddonfield National Bank, Haddonfield- June 21
The Peoples National Bank of Hacketstown. _ June 23
The First National Bank and Trust Company
of Pompton Lakes
__
_.
July 6
Aug. 10
The First National Bank of Washington

300,000. 00 100.00

100.00

750,000.00 100.00 200.00
15.00
5.00
60, 000. 00
50, 000.00 100. 00 100.00
25,000. 00
50, 000. 00

50.00
12.50

25,000. 00

5
6
6
6

50.00
37.50

4
6

25.00

50.00

6

150, 000.00 25.00
100, 000.00 10.00
100, 000.00 100.00
5.00
100,000.00

50.00
25.00
100. 00
5.00

6
6
6
6

200,000.00
10.00
200, 000. 00 100.00

30.00
300.00

6

100.00
100.00

6
6

3

2,110, 000. 00

Total (13 banks)
NEW MEXICO
7720
7043

The First National Bank of Las Cruces
The First National Bank of Artesia
Total (2 banks)




May 20
July 28

50,000.00
50,000.00
100,000.00

i A.

100.00
100.00

REPORT OF THE COMPTROLLER OF THE CURRENCY

169

TABLE N O . 17.—National banks for which increase of capital was authorized, under
act Mar. 9, 1983, as amended, by the issuance of preferred stock, together with the
amount of increase and the rate of dividend, etc., to close of business Dec. 31,1983—
Continued

Charter
no.

Title

Date

Preferred
increase
capital

Percent
of diviPar
dend
at to
be
value Sold
per
paid
of
shares share on the
par
value

NEW YORK

9825
8398
10816
2468
6648
893
11742
8794
10111
4988
9900
6482
6196
1264
1422
10856
12496
5605
12550
5390
5407
10446
11927
4858
13567
8453
13559
2472

The Yonkers National Bank and Trust Com1933
pany, Yonkers
Mar. 29
The Peekskill National Bank and Trust Company, Peekskill
Apr. 3
The First National Bank of Lisle
Apr. 4
The Briges National Bank & Trust Company
of Clyde
Apr. 20
The First National Bank of Caledonia
Apr. 24
Saratoga National Bank of Saratoga Springs.. _._do
The Port Leyden National Bank, Port Leyden May 1
The First National Bank of Islip
--.do
The First National Bank of Newark Valley--. May 2
The Citizens National Bank of Wellsville
May 3
The Ticonderoga National Bank, Ticonderoga. May 8
The First National Bank of Remsen
May 10
The First National Bank ofWayland
May 12
The National Bank of Vernon.—
May 13
The West Chester County National Bank of
Peekskill
May 16
The Athens National Bank, Athens—
May 19
The First National Bank of Narrowsburg
May 22
The First National Bank of Hermon
May 27
The Jamaica National Bank of New York,
Jamaica
do
The First National Bank of Spring Valley. ___ June 1
The First National Bank of Falconer
doThe First National Bank of Heuvelton
July 25
TheMaybrook National Bank, Maybrook
July 29
The Citizens National Bank of Port Henry.
July 31
First National Bank in Highland Falls
Aug. 1
The National Chautauqua County Bank of
Jamestown
Aug. 25
First National Bank in Montgomery
Nov. 21
The First National Bank of Salamanca
Nov. 24
Total (28 banks) ___

$400,000. CO $20.00 $40.00

5

100,000. 00
30,000. 00

50.00
10.00

200.00
30.00

$

100,000. 00
150, 000. 00
100, 000. 00
25, 000. 00
100, 000. 00
25, 000. 00
100, 000. 00
100, 000. 00
31, 500. 00
50, 000. 00
62, 500. 00

10.00
100.00
1.00
100.00
10. 00
10.00
100.00
10.00
100.00
100.00
25.00

35.00
100.00
5.00
240. 00
25.00
20.00
125. 00
25.00
200.00
200.00
50.00

6
4^
6
6
6
3
6
6
6
6
6

500,000. 00 10.00
50, 000. 00 10.00
62, 500. 00 100.00
50,000. 00 10.00

50.00
25.00
200.00
21.60

6
6
6
6

225,000. 00 50.00 100.00
100, 000. 00 25.00 75.00
50, 000. 00 100.00 300.00
49, 000. 00 10.00 20.00
25, 000. 00 10.00 60. 00
135, 000. 00 100. 00 200. 00
75, 000. 00
7.50
7.50

g
6
6
6
6
6
6

625, 000. 00
40, 000. 00
25, 000. 00

6

25.00
10.00
10.00

100.00
40.00
10.00

5
6
5

115, 000. 00 100.00
25,000. 00 10.00
250,000. 00 100.00
200, 000. 00 10.00

100.00
15.00
100. 00
10.00

6
6
6
5

50, 000. 00 100. 00 100. 00
30,000. 00 100.00 125.00
30, 000. 00 100.00 100.00
4, 000, 000. 00 30.00 30.00

4
6
5
6

3,385, 500. 00

NORTH CAROLINA

4628
2981
6776
13657

First & Citizens National Bank of Elizabeth
City
The First National Bank of Salisbury
The First National Bank of Shelby
The Depositors National Bank of Durham

Apr.
June
June
Dec.

1
14
26
30

Total (4 banks)

590, 000. 00

OHIO

419
715
3234
786

The First National Bank of Galion
The First National Bank of Batavia._
TheMilford National Bank,Milford
The National City Bank of Cleveland

May
May
May
July

17
18
22
21

Total (4 banks)

4,110,000.00

OKLAHOMA

11230

100.00
The Liberty National Bank of Oklahoma City. Aug. 18 / i 600, 000. 00 100.00
\ 2500,000.00
1,100,000.00

100.00
100. 00

5
5

150, 000. 00 100.00 100.00
75, 000. 00 100. 00 100.00
75, 000. 00 10.00 20.00
25, 000. 00 100.00 100.00

6
4
6
6

PENNSYLVANIA

4481
6741
6496
6351

The
The
The
The

Second National Bank of Connellsville.—
First National Bank of Garrett
First National Bank ofMilford
Peoples National Bank of Tarentum




'A.

Apr.
Apr.
Apr.
Apr.

13
17
18
22

2B.

170

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 17.—National banks for which increase of capital was authorized under
act Mar. 9, 1933, as amended, by the issuance of preferred stock, together with the
amount of increase and the rate of dividend, etc., to close of business Dec. 31,1933—

Continued

Percent
of divi-

Charter
no.

3808
520
9600
311
13197
664
12934
12063
175
13160
3829

Title

Date

PENNSYLVANIA—continued

1933
Apr. 29
May 5

The Mountville National Bank, Mountville___
The First National Bank of Warren—
The First National Bank of Jessup
The First National Bank of Gettysburg
The Union National Bank of Jersey Shore
The First National Bank of Carbondale
The Union National Bank of Carnegie
The First National Bank of Windsor
The First National Bank of Williamsport
The Glen Lyon National Bank, Glen Lyon
The First National Bank of Homestead
Total (15 banks)

May 29
June 8
July 5
July 25
July 31
Sept. 20
Oct. 3
Oct. 30
Dec. 29

Preferred
increase
capital

Par
at dend
value Sold
to be
per
paid
of
share
on the
shares
par
value

$200,000.00
100,000.00
50,000.00
25,000.00
50,000. 00
300,000.00
50,000.00
25,000. 00
200,000.00
50,000.00
150,000.00

$25.00 $25.00
100.00 100.00
100.00 100.00
25.00 100.00
50.00 50.00
10.00 20.00
50.00 50.00
100.00 120.00
10.00
10.00
50.00 100.00
100.00 100.00

5
5
6
6
6
5
6
5
6
5

1, 525,000. 00

RHODE ISLAND

1546

The Aquidneck National Exchange Bank and
Savings Company of Newport.

June 2

250,000. 00

50.00

60.00

6

2044

The South Carolina National Bank of Charles- Aug. 19

800,000.00

100.00

100.00

6

4,000, 000. 00
250,000. 00

100.00
100.00

100.00
100.00

6
5

SOUTH CABOLINA

TENNESSEE

3032
13640

The American National Bank of Nashville
The First National Bank in Bristol
Total (2 banks)

June 13
Dec. 27

4, 250,000.00

TEXAS

13665
3638
13743
12186
3785
2349
3159
3131

City National Bank in Wichita Falls
The First National Bank of Paris.
Mercantile National Bank at Dallas
Republic National Bank and Trust Company
The Texarkana National Bank, Texarkana
The First National Bank of Fort Worth
The Merchants and Planters National Bank
The Fort Worth National Bank, Fort Worth.

6
6
16
26

400,000.00
150, 000.00
1,000,000. 00
2,000,000. 00

100.00
100.00
20.00
20.00

100.00
100.00
20.00
20.00

6
6
5
5

Dec. 29
Dec. 30
...do

250, 000. 00
750, 000. 00
400,000.00

100.00
20.00
50.00

5
5
5

1,000,000. 00

20.00

100. 00
20.00
50.00
20.00

5

100.00
100.00

100.00
100.00

6
5

Apr.
May
Aug.
Dec.

...do

Total (8 banks)

5,950,000. 00

UTAH

4564
2597

The First National Bank of Park City
First National Bank of Ogden
Total (2 banks)

Apr. 10
Dec. 23

32, 500.00
600,000. 00
632, 500. 00

VERMONT

1700
1430
748
2959
122
6252

The Central National Bank of Rutland
Vermont-Peoples National Bank of BrattleThe First National Bank of Montpelier
The Clement National Bank of Rutland
The First National Bank of Springfield
First National Bank of Bristol,

Apr. 14
Apr. 15

60,000. 00
300,000.00

100.00
25.00

100.00
25.00

5
6

Apr. 17
Apr. 28
May 19

250,000. 00
225,000.00
100,000. 00
25,000. 00

100.00
10.00
100.00
10.00

150.00
20.00
100.00
20.00

6
6
6
6

25,000. 00
10.00 20.00
The Middleburg National Bank, Middleburg. May 6
20,000.00 100.00 100.00
The Farmers National Bank of Appamattox.. June 9
250,
000.
00
Oct.
30
100. 00
100.00
The Dominion National Bank of Bristol
99 r 1300, ooo. oo
20.00 20.00
The Shenandoah Valley National Bank of\ T »
\
2100,000.
00
20.00
20.00
Winchester.
/
695,000. 00
Total (4 banks)

6
6
5
5
5

June 24

960,000.00

Total (6 banks)
VIRGINIA

12539
11205
4477
1635




OO

i A.

1

B.

171

REPOBT OF THE COMPTBOLLEB OF THE CTJKKENCY

TABLE N O . 17.—-National banks for which increase of capital was authorized, under
act Mar. 9, 1938, as amended, by the issuance of preferred stock, together with the
amount of increase and the rate of dividend, etc., to close of business Dec. 31, 1938—

Continued

Charter
no.

WASHINGTON
13137
12153
4668
9411

The Washington National Bank of Vancouver.
The University National Bank of Seattle..
The Old National Bank and Union Trust
Company of Spokane.
The First National Bank of Okanogan
Total (4 banks)

Preferred
increase
capital

Date

Title

1933
Apr. 20
June 8
Oct. 7

Percent
of diviPar Sold at dend
value
to be
per
of
paid
shares share on the
par
value

$50,000.00 $100. 00 $100. 00
100,000.00 100.00 100. 00
500,000.00 100.00 100. 00

Dec. 22

40,000.00

_.

6
6
5

100.00

100.00

6

50.00
50.00
100. 00
100.00

100.00
100. 00
250. 00
100.00

6
6
3
6

10.00
40.00
100.00

10.00
40.00
100. 00

4
5
5

690,000. 00

WEST VIRGINIA
7029
7681
10250
6830

The Empire National Bank of Clarksburg
The Union National Bank of Clarksburg
The Peoples National Bank of Rowlesburg—
The First National Bank of Williamson

Apr. 13
__.do
Apr. 22
June 30

250, 000. 00
250,000. 00
10,000. 00
200,000.00

Total (4 banks)

710,000. 00

WISCONSIN
12124
4312

The First National Bank of Eagle River.
The First National Bank of Rhinelander

June 1
Oct. 19

f
\

Total (2 banks)

35,000. 00
i 75,000.00
2 75,000. 00
185,000. 00

Total United States (196 banks)

111,501,600.00

1A.

2B.

TABLE N O . 18.—National banks chartered which are conversions of State banks
during the year ended Oct. 31, 1938

Charter
no.

Title and location

13652

The Illinois National Bank & Trust Co.
of Rockford.

13674
13697
13713
13723
13724
13725
13743
13761
13765
13770
13784

State

Date of
charter

111

1932
Dec. 19
1933
Apr. 5
June 2
June 24
July . 3
July 5

The Live Stock National Bank of Chicago. ... do—
The First Capital National Bank of Iowa Iowa._
City.
The First National Bank in Cannon Falls. Minn.
The First National Bank of Shelton
Wash.
The Colville Valley National Bank of __.do...
Colville.
The Geo. D. Warthen National Bank of Ga_—
Sandersville.
Mercantile National Bank at Dallas
Tex...
Security National Bank of Greensboro.._ N.C-The Fulton County National Bank of Pa_ —
McConnellsburg.
The National Bank of McAlester
Okla._
The Citizens National Bank of Madelia.. Minn.
Total (12 banks)

» $300,000 of which is preferred capital stock.




Approxim a t e surplus and
undivided
profits

Approximate assets

$200,000

$56, 638

$3,056,643

1,000, 000
100, 000

268,955
43,165

15, 354,172
1, 559, 426

60,000
50, 000
50,000

23,613
109,802
38,964

758,903
1, 233, 656
513,195

Authorized
capital

6

50,000

63,322

424,833

Aug. 2
Aug. 26
Sept. 5

1,000, 000
i 600,000
50,000

398, 352
150,000
143,037

13,583,996
2,058,316
833,029

Sept. 11
Sept. 23

100,000
50,000

65,319
20, 571

1, 256, 807
300, 311

i 3,310, 000

1,381, 738

40,933, 287

July

TABLE N O . 19.—National banks, by States and geographical divisions, organized, failed, and reported in voluntary liquidation during the year
ended Oct. 81, 1933
Organized
Number Authorized Number
Authorized
with
common preferred
charpreferred
capital
tered
capital
stock

Location

Maine
New Hampshire
Vermont _
Massachusetts
Connecticut
Total New England States
New York
New Jersey. _„.
..
Pennsylvania..
....
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
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota

.

_______




Voluntary liquidation

Failed

Number

Capital

1
Assets

Number

Capital

$300,000

Gross assets

$4,009,862

1

$150,000

$1,268,035

4

550,000

8,231,486
1

150,000

1,998,202

5

700,000

9,499,521

2

450,000

6,008,064

19
17
15
6
2

3,575,000
2,550,000
2,085,000
310,000
3,000,000

i 42, 278,835
2 36,783,023
3 32,170,331
4,679,159
29,507,730

2
3
8
2

125,000
625,000
1,075,000
250,000

2,457,965
4,709,752
14,775,211
3, 267,090

1, 075, 000

59

11,520,000

145,419,078

15

2,075,000

25,210,018

400,000
225,000
580,000

125,000
85,000
190,000
1,000,000
300,000
375,000
325,000
150,000
75,000
1,575,000
25,000
225,000
2,350,000

4 791, 503
738, 737
1,190, 223
7,849,473
1,570, 735
s 1,979, 241
2,162,041
2,682, 501
407,137
8 6,350,494
73, 437
1,380,075
24,275, 715

2
5
2

75,000
750,000
500,000

671, 700
8,568,698
4,441,612

10
2
4
3
1

$1,709,000
75,000
175,000
240,000
150,000

6
1
2
2
1

$575,000
25,000
75,000
160,000
200,000

20

2,349.000

12

1,035,000

2

100,000

13
6
1

2,950,666
825,000
1,000,000

2

1,075,000

22

4,875,000

2

2
3
5
1
1

400,000
275,000
775,000
200,000
50,000

2
2
4

1

I
O

3
2
6
22
2
3
3

200,000
250,000
4,280,000
5,475,000
75,000
300,000
2,750,000

3
1
4
6
1
1
1

200,000
200,000
3,400,000
367,500
25,000
100,000
400,000

2
2
3
3
4
3
5
2
2
13
1
5
7

53

15,030,000

25

5,897,500

52

6,800,000

51,451,312

52

10,735,000

105,778,064

9
6
23
11
2
3

820,000
1,700,000
3,685,000
9,498,000
300,000
135,000

3
4
3
10

215,000
2,670,000
400,000
13,952,000

15
24
31
20
13

887,500
1,765,000
2,735,000
38, 230,000
1,775,000
525,000

7 6,380,224
8 9,604,055
29, 769,454
636,894, 832
e 13,790,277
10 5,090,825

3
6
13
1
9

325,000
680.000
3,010, 000
100,000
1,725,000

2,628,576
6,087,977
22,018,474
905, 223
16,135,506

13

8

1

100,000

288,189

2
1
3
31

450,000
300,000
1,625,000
6,245, 000

2,887,393
3,170,305
20,053,062
59,053,399

3
2

240,000
450,000

2,081,692
4, 562,014

o

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

_

Washington
Oregon . __
California
Idaho
Nevada
Arizona
_
Total Pacific States
Total United States

_ _
_

_ _

--

00 CO

Iowa
Missouri
Total Middle Western States

615,000
1,057,500

1
2

60,000
1,442, 500

34
9

1,445,000
1,875,000

H9,926,419
1213,881, 349

10
3

775,000
105,000

8,333,341
535,172

65

17,810, 500

23

18,739, 500

159

49, 237, 500

725, 337, 435

45

6, 720,000

56, 644, 269

1

100,000

1

150,000

1

100,000

1

100,000

2
4
11
11
2
11

50,000
145, 000
635, 000
440,000
100,000
505,000

is 165,907
H 1,114, 866
4, 250, 793
3, 550, 213
532, 740
4, 787, 214

3
1
3
2

150,000
100,000
150,000
200,000

1, 435, 732
1, 247, 531
803,138
908, 283

1

250, 000

1,063,995

1
6

250,000
2, 375,000

1
2

250,000
4, 025, 000

12

525, 000

is 3, 968, 267

12

3, 725,000

35, 432, 434

9

2, 825, 000

5

4, 525, 000

53

2, 400, 000

18, 370, 000

22

4, 575,000

40,891,113

3
1
2
1

200,000
50,000
175,000
100,000

50,000
25,000

3
6
9

100,000
700,000
3, 750, 000

is 329, 344
5, 404, 713
42,147,178

1
8
7
2

100,000
750,000
1,175,000
125,000

1, 235, 711
9, 640, 259
7,967,430
833,546

2

900,000

10, 286, 043
1

100,000

478,929

1
1

7

525,000

2

75,000

20

5,450, 000

58,167, 278

19

2, 250, 000

20, 155, 875

176

43, 414, 500

69

31,347,000

348

76,107, 500

1, 008, 244, 624

155

26, 805, 000

254, 687, 403

1 Includes 2 banks with capital aggregating $150,000 and assets of $295,502 previously reported in voluntary liquidation.
Includes 1 bank with capital of $50,000 and assets of a nominal value previously reported in voluntary liquidation.
Includes 1 bank with capital of $100,000 and assets of $271,937 previously reported in voluntary liquidation.
Includes 1 bank with capital of $50,000 and assets of $20,000 previously reported in volunatry liquidation.
Includes 1 bank with capital of $200,000 previously reported in voluntary liquidation.
Includes 1 bank with capital of $60,000 previously reported in voluntary liquidation.
Includes 4 banks with capital aggregating $225,000 and assets of $528,351 previously reported in voluntary liquidation.
Includes 3 banks with capital aggregating $570,000 and assets of $106,094 previously reported in voluntary liquidation.
Includes 1 bank with capital of $250,000 previously reported in voluntary liquidation.
i° Includes 1 bank with capital of $25,000 previously reported in voluntary liquidation.
11 Includes 2 banks with capital aggregating $150,000 and assets of $67,982 previously reported in voluntary liquidation.
12
Includes 1 bank with capital of $200,000 preyiously reported in voluntary liquidation.
13
Includes 1 bank with capital of $25,000 previously reported in voluntary liquidation.
1164 Includes 1 bank with capital of $30,000 and assets of $86,851 previously reported in voluntary liquidation.
Includes
1 bank with capital of $100,000 and assets of $55,911 previously reported in voluntary liquidation.
16
Includes 1 bank with capital of $50,000 previously reported in voluntary liquidation.
2
3
4
6
6
7
8
9




a

o

B

r
00

174

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 20.—Number and classification of national banks chartered monthly
during the year ended Oct. 31, 1933
Primary organizations

Reorganizations

Conversions

Total

Months
Number

Number

Capital

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

$200,000

1,000,000
160,000
150,000
1, 600, 000
200,000

Total.

12

3, 310,000

Number

Capital

Number

Capital

$75,000
1,675,000
650,000
150,000
1, 065, 000
7,425,000
9,375, 000
3,187, 500
5, 580,0Q0
4, 650,000
4, 734,000
5,380,000

$100,000
1,025,000
400,000
350,000
17, 525,000

135 43,946, 500

29 27, 505,000

Capital
$175, 000
2, 900, 000
1, 050,000
500,000
18, 590, 000
8, 425, 000
9, 675, 000
5,047, 500
8,830,000
8,550,000
5,434, 000
5, 585,000

300,000
1, 700,000
3,100,000
2, 300,000
500,000
205,000
176

74,761, 500

TABLE N O . 21.—Principal items of assets and liabilities of national banks, classified according to capital stock, Dec. 31, 1932
CAPITAL STOCK OF LESS THAN $50,000
[In thousands of dollars]
Number of
banks

Location

COUNTRY BANKS

Maine . . _ __ _
New Hampshire
Vermont
.
M assachusetts
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
Louisiana
Texas
Arkansas
Kentucky
._ .
Tennessee

_ _

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

__. _
_. .

.

Total Middle Western
States




Loans and Bonds
discounts, and securities
including
overdrafts owned

Total
assets

Capital

Surplus
and unTotal
divided deposits
profits

3
3
5
3

72
330
840
681
577

109
238
527
525
423

307
737
1,537
1,659
1,195

25
75
75
125
75

68
56
87
138

15

2,500

1,822

5,435

375

426

4,159

79
23
159
3
15

15,813
6,207
30,685
648
4,227

17,035
4,910
32, 536
519
4,030

37,389
12, 940
73,112
1,280
9,361

2,075
600
4,115
75
395

2,174
1,047
7,469
88
706

28,893
9,900
55,262
974
7,664

279

57, 580

59, 030

134, 082

7,260

11,484

102, 693

27
19
4

6,581
3,407
527

2
16
5
146
21
22
19

719
42
2,143
526
12, 781
1,979
4,947
3,046

2,408
1,244
175
207
271
169
1,095
140
4,980
1,259
2,852
1,273

10,631
6,083
898
841
1,297
332
4,663
915
26,093
4,323
9, 888
5,468

740
540
130
75
195
40
455
125
3,990
535
605
515

732
389
44
49
112
32
473
9
2,063
266
772
336

8,068
4,373
620
624
726
215
3,158
610
17, 347
3,007
7,749
3,929

291

37,105

16, 073

71, 432

7,945

5,277

50, 426

50
46
100
16
27
113
57
23

7,835
6,247
10,815
1,962
4,128
18, 566
8,172
2,870

5,697
3,948
10,629
1,989
3,263
17,468
4,332
1,666

16, 542
12, 784
26,499
4,783
8,595
43,291
15,494
6,191

1,391
1,262
2,747
460
715
3,025
1,575
610

1.131
637
1,391
178
380
1,853
830
308

12,390
9,429
19, 694
3,405
6,577
33, 560
10, 835
4,740

432

60, 595

48,992

134,179

11, 785

6,708

100, 630

1

77

204
525
1,168
1,315
947

REPORT OF THE COMPTROLLER OP THE CURRENCY
TABLE N O . 21.—Principal

items of assets and liabilities

of national

175
banks,

classified according to capital stock, Dec. 81, 1982—Continued
CAPITAL STOCK OF LESS THAN $50,000—Continued
[In thousands of dollars]

111

Location

Loans and Bonds
discounts, and securities
including
overdrafts owned

Total
assets

Capital

Surplus
and u n divided
profits

Total
deposits

COUNTRY BANKS—continued
45
North Dakota
40
South Dakota
Nebraska
_ _ _ __ 58
99
Kansas
- 23
Montana
7
Wyoming
39
Colorado
- ___.
10
New Mexico
-_ - -136
Oklahoma
457
Total Western States

Washington
Oregon
California
__ _ _ . __
Idaho
- Utah
Nevada
Arizona
Total Pacific States
Total United States

22
17
30
11
3
3
2

6,948
5,674
8,859
12, 475
1,901
803
4,776
1,076
12,151

2,900
2,758
4,246
5,387
1,406
1,238
3,225
697
11,930

12,183
10, 253
16,102
23,489
4,312
3,196
10, 380
2,456
33,466

1,180
1,030
1,5*0
2,602
590
190
1,045
260
3,540

807
549
1,083
1,362
217
192
587
165
1,471

8,448
6,755
11,442
16,658
2,974
2,638
7,356
1,773
26, 256

54,663

33, 787

115, 837

12, 017

6,433

84,300

2,624
1,658
4,046
1,127
699
875
151

3,089
1,435
3,903
820
171
659
423

7,051
4,201
10, 764
2,524
1,032
1,833
736

580
435
750
300
75
90
50

300
258
651
151
123
100
14

5,584
3,149
8,419
1,762
756
1,528
620

88

11,180

10,500

28,141

2, 280

1,597

21,818

1,562

223,623

170,304

489,106

41, 662

31,925

364, 026

C A P I T A L S T O C K O F $50,000 B U T L E S S T H A N $200,000
RESERVE CITIES

Dallas
Waco
Pueblo
Seattle
Total reserve cities

1
1
1
1

942
152
204
296

1,863
350
1,131
295

5,119
803
1,757
1,315

150
100
100
100

300
59
105
44

4,381
517
1,448
1,120

4

1,594

3,639

8,994

450

508

7,466

3,339
4,426
2,637
8,651
477
3,056

47,580
36,386
34,923
91,118
1,358
23,188

COUNTRY BANKS
2,365
3,705
3,285 *'
8,042
420
2,245

M!aine
New Hampshire
Vermont
Massachusetts
-Rhode Island
Connecticut.
_
Total New England States.

30
42
36
81
4
25

21, 416
21,959
20,087
49,906
1,260
13,833

27,149
18,831
19,433
46, 544
859
12,192

57, 549
49, 681
45,186
117,142
2,618
31, 393

218

128, 461

125, 008

303, 569

20, 062

22,586

234,553

New York
New Jersey ._ _
Pennsylvania
Delaware
Maryland

284
162
421
9
45

174, 260
100,146
278,125
3,712
35, 062

184. 804
91,301
243.465
2,979
32, 801

414, 768
228, 403
607, 038
7,741
78, 386

24, 225
14, 465
37, 668
660
3,695

27,631
14, 386
67, 349
838
5,152

324, 569
177,301
445, 723
5, 387
63, 495

921

591, 305

555, 350

1, 336, 336

80, 713

115, 356

1,016, 475

84
Virginia
-49
West Virginia
26
North Carolina
10
South
36
GeorgiaCarolina
33
Florida
Alabama
- _ 39
19
Mississippi
16
Louisiana
271
Texas
23
Arkansas
_ _
73
Kentucky
48
Tennessee.
Total Southern States.... 727

53, 813
29,342
13, 710
5,244
13, 381
7,639
14, 571
12,184
6,060
76,389
7, 508
41,353
26,079

17,103
12, 569
5,204
2,602
8,092
19,964
7,180
8,543
3, 284
46, 548
5,690
18,039
9,434

85, 768
51, 470
25, 292
10, 461
27, 671
36, 018
28, 331
26, 716
12,190
175,169
18,116
73,421
43,939

6,998
3,917
2, 375
810
3,290
2,725
3,015
1,885
1,300
19,733
1,715
5,923
3,824

6,336
3,439
1,920
509
2,422
1,784
2,814
1,598
868
13,990
1,131
5,132
2,749

62,973
36,727
18,263
7,640
17, 601
28,937
17, 936
2€,423
8,360
124,060
13, 461
53,946
30, 585

307, 273

164, 252

614,562

57, 510

44, 692

440,912

...
-

Total Eastern States




176

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 21.—Principal

items of assets and liabilities

of national

banks,

classified according to capital stock, Dec. 31, 1932—Continued
CAPITAL STOCK OF $50,000 BUT LESS THAN $200,000-Continued
[In thousands of dollars
Number of
banks

Location

Loans and Bonds
discounts, and secuincluding
rities
overdrafts owned

Total
assets

Capital

Surplus
and un- Total
divided deposits
profits

COUNTRY BANKS—continued

Ohio
Indiana
Illinois
Michigan.
Wisconsin
Minnesota . _
Iowa
Missouri
Total Middle Western
States

150
82
182
62
71
91
91
47

66,673
34,303
70,001
29,366
35,785
29,861
30,720
14,724

47,669
27,435
71,539
35,341
34,084
41,306
23,709
14,278

141, 263
78,871
175,471
77,781
84,826
90,759
68,097
39, 289

12,622
7,237
13,868
5,310
5,775
6,400
6,025
3,475

11,300
4,268
10,496
3,588
4,619
4,210
3,170
2,265

102,765
58,072
133,119
59,878
65,264
73,185
50,828
29,840

776

311,433

295, 361

756, 357

60, 712

43,916

572,951

28
28
87
101
20
15
44
14
77

13,704
12,104
27,532
30,350
6,915
10, 264
15, 260
6,270
19,669

10,442
12,968
19,158
23, 589
7,874
6,447
15, 421
5,883
32, 370

29,962
31,649
58,678
75, 967
19, 716
21, 256
39,413
15,606
69,508

2,170
2,050
5,655
6,900
1,670
1,280
3,195
1,000
5,250

1,517
1,731
3,595
4,193
1,284
1,466
1,931
589
2,712

23,802
24, 982
42,296
58,356
15,760
16, 737
30, 218
12,629
57,263

414

142,068

134,152

361,755

29,170

19,018

282,043

.

44
43
87
16
8
3
5

14, 843
14.615
31,913
5,090
3,608
1,574
1,430

20,307
15,074
30,636
5,264
1,639
1,258
1,939

44,413
38,343
78,165
14,128
6,455
3,615
4,849

3,325
3,335
7,118
1,050
550
210
400

1,967
1,877
3,774
669
339
241
142

34,777
29,238
59,155
11,329
4,724
2,734
3,951

_.

206

73,073

76,117

189,968

15,988

9,009

145,908

4

1,331

1,902

4,681

275

242

3,896

3,266

1, 554,944

1, 352,142

3, 567, 228

264,430

254,819

2,696,738

_ 3,270

1, 556, 538

1,355, 781 3, 576,222

264,880

255,327

2,704, 204

84
314
3,378
558
1,716
1,159
1,151
117
579
205
231
422
1,105
1,088
58
167
279
360
891
373
675
466
393
189
61

5,609
3,146
26,445
3,665
15,456
4,656
15,524
2,933
11, 474
4,524
6,234
4,497
6,569
9,119
1,472
4,498
8,913
3,435
17, 510
9,689
14, 671
12, 673
9,842
5,836
1,809

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)
Total country banks
Total United States

C A P I T A L S T O C K O F $200,000 B U T L E S S T H A N $500,000
EESERVE CITIES
Brooklyn and Bronx
Buffalo.
Philadelphia
Baltimore
Washington
Charlotte
El Paso
Fort Worth
Galveston
San Antonio
Waco
Nashville
Cincinnati
Chicago
Minneapolis
St. P a u l . Des Moines
Dubuque
Sioux City
Kansas City, M o .
St. Joseph
St. Louis
Lincoln
Omaha...
Kansas City, Kans




3,469
1,222
18,452
2,258
8,002
3, 343
5,316
2,162
5,573
2,404
2,576
3,342
1,382
2,114
793
2,815
3,011
1,146
5,661
4,881
5,950
2,257
4,554
3,102
862

2,659
4,084
12,531
1,542
5,832
1,777
7,544
411
3,890
1,593
2,400
787
5,238
5,757
554
1,181
3,635
2,043
8,505
3,040
3,251
9,857
3,378
2,013
864

7,927
5,920
38, 031
4,940
19, 261
7,116
17,982
3,479
13, 056
6,021
6,964
5,566
8,374
12, 926
1,936
5,157
9,643
4,297
20, 246
10,843
16, 270
14, 737
11, 336
6,940
2,268

900
800
2,800
400
1,075
5$)
600
200
400
650
250
300
400
1,250
200
350
250
200
1,050
700
600
700
500
650
200

REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 21.—Principal

items

of assets and liabilities

of national

177
banks,

classified according to capital stock, Dec. 81, 1932—Continued
CAPITAL STOCK OF $200,000 BUT LESS THAN" $500,000-Continued
[In thousands of dollars]
Number of
banks

Location

Loans and Bonds
discounts, and secuincluding
rities
overdrafts owned

Total

Capital

Surplus
and undivided
profits

Total
deposits

RESERVE CITIES—continued
Topeka
Wichita
Helena
Denver
Oklahoma City
Tulsa
Seattle
Portland
Total reserve cities

70

1,105
814
1,292
814
2,126
3,099
456
2,757

2,107
1,416
3,744
438
3,876
2,253
645
4,016

4,586
2,967
8,078
1,709
8, 569
7,406
2,028
11,153

200
400
300
250
500
450
200
600

121
117
357
113
148
152
96
484

4,051
2,340
7,059
1,321
7,909
6,771
1,721
9,464

109,110

112, 861

307, 732

18, 825

17, 607

250,835

26, 885
11,491
6,781
57, 683
7,019
30,839

21, 264
10, 543
4,659
50,300
5,442
17,148

57, 781
26,167
13, 314
130,996
13, 867
56, 737

2,925
1,800
1,300
9,290
750
4,382

4,069
2,940
646
8,700
1,569
4,337

46, 780
19,462
9,412
104, 065
10,783
43,468

COUNTRY BANKS

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New
States

England

New York
New Jersey
Pennsylvania
Delaware
Maryland
Total Eastern States

78

140, 698

109,356

298,862

20,447

22,261

233,970

82
64
106
4
3

140, 537
111, 663
213,270
5,661
6,526

131,200
84,133
143,693
5,694
2,822

313,484
235, 671
420, 856
13, 211
11,326

20,200
15, 645
27,235
913
652

20,418
14,882
46, 703
2,658
756

248,842
179, 568
306,733
8,828
9,494

259

477,657

367,542

994, 548

64, 645

85, 417

753,465

29,883
19, 710
9,590
8,417
6,804
3,768
15, 590
9,017
3,243
41, 852
9,089
13,173
6,658

8,148
9,166
3,731
4,885
5,653
11, 603
6,350
1,466
22, 537
8,188
6,582
2,449

46, 510
34, 960
16, 677
18, 251
16,362
17, 690
34, 637
20,310
7,282
94, 551
22, 214
24,310
12, 008

3,325
2,615
1,550
1,500
2,200
1,700
4,175
1,650
700
7,400
1,800
2,500
1,200

3,648
2,006
1,168
1,367
1,428
913
2,421
963
471
6,101
1,506
1,822
414

33, 634
26,307
11, 441
12, 945
10,191
13,368
22,657
16,481
5,487
74, 574
17,450
16,564
8,914

176, 794

99, 742

365, 762

32, 315

24, 228

270,013

68,311
21, 576
36,663
18.127
24,052
18.128
8,948
12,999

50, 654
15, 204
37, 622
15,168
18, 277
17,503
6,550
12,091

149, 068
47, 939
96,080
45, 249
54, 243
47,164
18, 382
32,184

12,125
3,675
7, 625
2,825
3,950
3,200
1,300
2,300

11, 509
1,849
5,684
2,344
2,443
1,926
546
1,097

108,844
38,611
75,065
32,907
42, 779
39,774
14,591
25,857

208,804

173,069

Virginia
West Virginia
North C arolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas

Arkansas
Kentucky
Tennessee
Total Southern States...

125

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle
States
North D a k o t a South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado..
New Mexico
Oklahoma.

Western

490, 309

37,000

27,398

378,428

4
4
2
10

7,141
3,543
3,399
11,087
9,330
4,139
9,371
2,884
8,339

7,412
5, 596
2,035
5, 653
17, 567
2,067
7,171
3,176
11,170

18,691
12,021
7,098
24,493
37,877
9,226
22,180
9,005
28,159

1,150
875
400
2,150
1,800
800
1,600
650
2,300

574
591
424
1,267
2,374
506
831
300
753

15,403
9,953
5,938
19,662
31,995
7,545
18,310
7,372
23,566

50

59, 233

61,847

168, 750

11,725

7,620

139,744

5,958
8,574

5,585
6,085

14,998
18, 315

1,200
1,600

934
820

10,594
13,875

144
—

__.

•

-

„

Total Western States
Washington
Oregon




178

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 21.—Principal

items

of

assets and

liabilities

of

national

banks,

classified according to capital stock, Dec. 31, 1932—Continued
CAPITAL STOCK OF $200,000 B U T LESS T H A N $500,000—Continued
[In thousands of dollars]
Num- Loans and Bonds
ber of discounts, and securities
banks including
overdrafts
owned

Location

Total
assets

Capital

Surplus
and undivided
profits

Total
deposits

COUNTRY BANKS—continued
23
1
1
2

23,183
1,543
1,055
2,738

19,978
2,255
3,122
7,159

Total Pacific States

39

43,051

44,184

114,986

9,450

5,825

88,852

Total country banks

695

1,106,237

855,740

2,433, 217

175,582

172,749

1,864,472

Total United States

765

1,215,347

968,601

2,740,949

194, 407

190,356

2,115,307

California
Idaho
Nevada
Arizona

______
_
_ _

56,910
6,471
6,020
12,272

5,450
300
200
700

3,205
308
91
467

43,129
5,563
5,440
10,251

C A P I T A L S T O C K O F $500,000 B U T L E S S T H A N $1,000,000
CENTRAL RESERVE CITIES
2
2

1,232
3,219

2,557
2,935

4,877
7,861

1,000
1,250

324
449

3,014
5,720

4

4,451

5,492

12, 738

2,250

773

8,734

Brooklyn and Bronx
_ ._
Philadelphia
Pittsburgh
_ _
Baltimore
Washington
Charlotte
Savannah
Fort Worth .
Galveston
Houston..
San Antonio
Nashville
._ _. _
Cincinnati
Toledo
Peoria
St. Paul
Cedar Rapids
_
_ _
Des Moines
Kansas City, Mo. ._ _
St. Joseph
St. Louis
Lincoln
Omaha
_
TCaxisas City, "RTans
Topeka..
_ ._ _
Denver.
Pueblo
Oklahoma City
Spokane. _ __
Oakland
Ogden
Salt Lake City

4
3
1
2
3
2
1
1
1
1
2
1
1
1
2
1
1
1
3
1
2
1
1
1
2
2
1
1
1
1
1
3

4,980
15,126
3,470
5,632
10, 804
4,618
2,696
2,786
4,747
3,117
5,724
5,206
3,703
2,692
5,783
6,023
5,854
1,484
8,645
1,355
2,303
4, 737
5,533
4,323
4,000
8,568
3,247
1,305
1,088
1,962
2,775
10,278

8,347
4,663
1,618
4,490
10,531
2,245
367
1,534
1,055
1,631
3,857
1,473
3,960
4,689
8,055
6,631
5,899
2,119
3,956
2,024
5,693
3,721
974
3,504
7,827
11, 887
4,541
4,127
1,350
1,831
2,215
14, 533

16, 376
23,035
6,686
13, 714
32,181
8,766
4,843
7,707
8,615
7,065
15, 716
8,059
9,566
9,739
18, 712
16, 471
18, 217
4,853
18, 494
5,584
9,307
12, 583
7,817
10, 767
19, 973
27, 055
15, 221
10, 239
3,102
4,376
7,122
37,067

2,025
1,500
600
1,350
2,050
1,000
600
750
750
600
1,100
600
500
500
1,260
500
500
500
1,600
500
1,200
850
750
750
1,000
1,050
500
500
500
500
500
1,850

784
3,318
1,114
1,426
2,283
1,304
126
305
341
200
645
182
1,237
752
1,844
564
505
241
1,333
383
284
303
374
265
683
2,213
1,005
100
40
200
101
1,455

12,152
13, 701
3,988
10,005
27, 621
5,478
3,928
6,641
7,439
5,525
12, 849
6,912
6,500
7,916
14, 678
15,183
16,161
3,549
14, 613
4,628
6,821
10, 549
5,837
9,002
17, 619
22, 562
13,109
9,577
2,043
3,158
5,648
31,821

Total other reserve cities.

50

154, 564

141,347

419, 028

28, 735

25,910

337, 213

Total all reserve cities

54

159, 015

146, 839

431, 766

30,985

26, 683

345,947

2
1
9
3
6

8,502
3,314
37, 423
9,385
24,734

3,997
1,669
31,160
7,222
11,831

15, 706
5,553
81, 831
20, 364
46, 434

1,200
600
5,100
1,850
3,450

669
366
5,304
2,151
3,706

12,447
3,514
68,004
14,664
36,820

21

83, 358

55,879

169, 888

12,200

12,196

135, 449

20
12

69, 640
48, 971

52, 623
55, 616

143, 910
126, 351

11,150
6,955

8,272
6,832

111, 999
98,910

New York
Chicago
Total central reserve cities.
OTHER RESERVE CITIES

COUNTRY BANKS
Maine.
___ _
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey




REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE N O . 21.—Principal items of assets and liabilities of national

179
banks,

classified according to capital stock, Dec. 31, 1932-—Continued
CAPITAL STOCK OF $500,000 BUT LESS THAN $1,000,000—Continued
[In thousands of dollars]
Number of
banks

Location

Loans and Bonds
discounts, and securities
including
overdrafts owned

Total
assets

Capital

Surplus
and un- Total
divided deposits
profits

COUNTRY BANKS—continued

Pennsylvania
.Maryland
Total Eastern States

26
1

117,476
4,513

76,110
997

231,839
6,488

15, 250
500

22,576
345

171, 459
5,245

59

240, 600

185, 346

508, 588

33,855

38, 025

387, 613

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

7
4
3
1
1
1
2
1
1
5
2
1
1

19, 606
13, 681
4,909
1,603
3,353
1,775
1,991
3,835
2,040
12, 652
6,626
3,887
3,590

8,733
5,030
1,867
1,207
1,782
2,063
809
2,568
626
6,999
6,108
1,314
1,894

34, 476
22, 893
8,201
4,070
7,224
4,902
3,941
7,225
4,535
26, 277
16,160
5,974
10,108

3,800
2,000
1,500
500
500
800
1,000
500
600
2,900
1,000
500
500

1,466
1,583
340
65
268
202
231
269
341
1,643
1,238
320
282

24,146
16, 257
3,351
2,592
6,176
3,097
2,394
4,638
2,880
19,003
12,914
4,609
8,827

30

79, 548

41,000

155, 986

16,100

8,248

110,884

6
6
7
8
9
2
1
1

22,709
16,164
17, 593
40,178
26, 570
2,960
2,451
2,302

9,430
18,596
16, 554
22,858
17,198
3,620
2,500
2,992

40,405
49. 872
47, 421
80, 745
56, 685
10,130
6,803
7,248

3,000
3,200
3,750
4,700
4,950
1,200
500
600

3,441
2,097
2,135
4, 482
4,584
647
309
219

40

130, 927

93, 748

299, 309

21,900

17,914

1

1,782

3,505

6,314

500

202

5,102

4
7
1

9,134
23, 078
1,585

8,894
16, 373
1,918

22,892
51, 388
5,801

2,100
3, 850
500

1,189
2,520
410

17,834
40,958
4,364

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

. -

_.
-

-

Total Middle Western
States
Oklahoma

_-_

29,304
41,616
37, 503
63, 514
42, 617
7,432
5 694
6,210
233,890

Washington _
California
Arizona
_ _
Total Pacific States

12

33, 797

27,185

80,081

6,450

4,119

63,156

Total country banks

163

570, 012

406, 663

1, 220,166

91, 005

80, 704

936,094

Total United States. __ _

217

729, 027

553, 502

1, 651, 932

121, 990

107, 387

1, 282, 041

C A P I T A L S T O C K O F $1,000,000 B U T LESS T H A N $5,000,000
CENTRAL RESERVE CITIES

New YorkChicago
Total central reserve cities.

21,043
30,604

35, 309
20,925

75, 265
128, 955

6,429
9,500

3,189
2,984

60,458
114,187

51,647

56,234

204,220

15,929

6,173

174,645

62, 766
3,883
146, 252
13,343
14,011
44,990
20,122
7,303
14, 251
22, 341
23,320
26,821
3, 351
50,869

49,076
2,311
85,298
12, 767
65,082
47, 587
14,101
3,617
34, 440
10,584
14,272
12,148
4,099

171,204
9,204
318, 864
35,112
101,038
126, 393
58,841
15, 686
67,084
51, 887
50,939
54,864
10,026
143,132

7,500
2,450
18,126
2,000
4,000
8,050
4,000
1,000
6,000
2,800
4,000
3,600
1,000
8,500

13, 602
1,266
30, 772
4,178
6,292
6,065
2,583
622
2,286
2,725
2,000
3,171
120

145, 635
4,916
249, 860
26,283
85,884
104, 635
49, 702
13, 634
54,937
42, 075
39,967
45,988
7,890
120, 024

OTHER RESERVE CITIES

Boston
Brooklyn and Bronx
Philadelphia
Pittsburgh
Baltimore
Washington
EichmondAtlanta
Jacksonville
New Orleans
Dallas
Fort Worth
Galveston
Houston



180

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 21.—Principal

items

of

assets

and

liabilities

of national

banks,

classified according to capital stock, Dec. 81, 1982—Continued
CAPITAL STOCK OF $1,000,000 BUT LESS THAN $5,000,000—Continued
[In thousands of dollars]
Number of
banks

Location

Loans and Bonds
discounts, and secuincluding
rities
overdrafts owned

Total
assets

Capital

Surplus
and undivided
profits

Total
deposits

OTHER RESERVE CITIES—COntd.

San Antonio
Waco
Louisville
_.
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Indianapolis
Peoria
Grand Rapids
Milwaukee
Minneapolis
Des Moines
Kansas City, Mo
St. Louis
Omaha
Wichita
Denver....Oklahoma City
Tulsa
Seattle. __
Spokane.
Portland-.
Los Angeles
Oakland
San Francisco
_
Total other reserve cities..
Total all reserve cities

3,200
1,000
2,000
4,500
3,000
1,000
2,000
7,200
6,850
2,000
1,000
2,200
1,000
2,000
6,000
2,500
3,600
2,000
4,000
1,200
5,500
5,000
1,500
6,500
5,000
1,200
1,000

81

16,191
9,488
22, 274
34,061
15,487
4,656
921, 380

36,052
8,894
19,917
12, 240
44,536
4,674
18,646
19,979
5,731
62,205
51,808
6,622
3,344
864,170

36,054
11,338
71,644
56,215
52, 239
12,599
35,061
96,112
95,547
21, 885
18,000
19,921
13,350
28,642
124, 211
27,069
70,808
34,446
108,067
14,405
67,004
50,636
19, 230
116,332
99, 760
28, 234
10,370
2, 553,453

156,976

2,025
28,388
238
9,100
3,607
63,298
5,147
43,217
3,170
37,188
986
9,437
1,305
28,849
5,723
78,193
5,809
77,007
2,054
15,758
15,355
339
14, 213
1,002
11,465
252
24, 391
1,115
110, 561
4,706
23,357
1,042
62,391
2,220
30, 226
1,681
96,150
4,690
12, 236
301
57, 892
1,362
40, 777
2,357
13,041
418
98,523
3,964
83,
264
5,509
23,763
1,988
7,018
169
144, 557 2,106,488

90

973,027

920,404 2, 757,673

172,905

150, 730 2, 281,133

10,512
4,356
24,378
21, 775
32,297
6,282
12, 605
41,180
35,345
8,653
9,811
6,604
5,855
10, 704
34,313
9,537
23,402
5,802
27, 390
6,106

11,147
3,720
30,998
14,918
9,334
3,364
15,528
29,907
22,865
8,171
2,832
8,377
4,145

COUNTRY BANKS

-Massachusetts
Rhode Island...
Connecticut
Total New
States

England

New York
New Jersey.,Pennsylvania
Total Eastern States
Virginia
West Virginia..
South Carolina.
Florida
Alabama.
Louisiana
Texas
Kentucky
Tennessee
Total Southern States
Ohio
Indiana
Illinois
Michigan...
Wisconsin..
Minnesota.
Total Middle Western
States

37, 778
5,581
66,196

40, 308
7,676
32, 743

99, 544
15, 806
137, 784

1,500
10,010

6,980
2,554
11,386

77,244
9,896
110,144

12

109, 555

80, 727

253,134

18, 399

20,920

197,284

24

70, 623
98, 550
45,300
214,473

86, 567
71, 777
34,115
192,459

196,488
227, 274
96, 357
520,119

10,438
13,550
8,000
31,988

13,393
13,494
12, 449
39,336

159,584
184,849
67,175
411,608

24

16, 699
8,665
9,719
20,179
22, 366
6,588
9,055
42,602
175,336

21, 514
7,067
7,508
25, 396
13,602
8,204
4,730
1,810
15,188
105,019

83,649
32, 223
23,061
45,940
45,984
39,491
16,328
12,949
73,421
373,046

8,500
3,063
1,500
3,950
3,000
3,200
2,000
1,000
6,500
32, 713

4,664
2,131
625
1,860
3,647
662
309
900
3,293
18,091

61,308
24,365
16,814
37,725
35, 623
30,021
10,867
9,662
44,436
270,821

28,604
18,881
2,731
14,826
13, 611
14,035

14,419
10, 650
4,937
9,658
5,067
13,673

57, 348
39,000
9,320
33,333
25, 702
40,191

4,250
3,000
1,040
2,550
2,000
4,000

2,986
1,850
168
2,957
1,533
2,173

45,208
27,880
7,813
23,197
20,788
31,734

92,688

58,404

204,894

16,840

11, 667

156,620

Washington.
California

5,684
19,096

4,752
15, 725

13,471
45,402

1,000
3,000

770

10,783
37,652

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

24,780

20,477

58,873

4,000

18,251

10,844

3,150

467,930

107,090

13

Total country banks

77

Total United States

167




635,083

1, 608,110 1,388,334 4, 205,096

279,995

48,435
2,409

28,178

94, 231 1,112,946
244,961

3,394,079

BEPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE

N O . 21.—Principal

items

of

assets

and

liabilities

of

national

181
banks,

classified according to capital stock, Dec. 81, 1932—Continued
CAPITAL STOCK OF $5,000,000 BUT LESS THAN $25,000,000
[In thousands of dollars]

Number of
banks

Location

Loans and
Bonds
discounts, and secuincluding
rities
overdrafts
owned

Total

Capital

Surplus
and undivided
profits

Total
deposits

CENTRAL RESERVE CITY
158,853

365,901

744,687

25,250

94,543

563,659

65, 703
109, 033
94,836
28,421
27,153
29,173
46,818
27,427
47,431
80,271
88,456
86, 582
43,580
69, 278
20,020
24, 226
60, 095
188,956

73,151
117, 510
250,468
27,815
13,734
12,950
14,365
15,925
17,175
29,584
23,941
43,369
22,556
58,972
18,865
38,335
20,821
114,950

201,127
336,937
423, 592
91,400
63, 653
53,931
85, 659
57,677
83, 300
161,803
169, 058
188,084
103,153
189, 790
50, 627
80, 620
109,120
390, 357

20,000
14,000
19,500
5,400
5,000
5,000
8,000
6,000
5,000
10,000
10,000
11,000
6,000
12,000
5,000
8,000
5,000
24,900

11,910
17,931
32,483
6,583
3,562
5,057
6,000
4,908
3,004
5,173
6,162
7,704
4,325
7,127
1,670
2,045
7,233
17,323

158,083
287,305
350,307
76, fr5
52.461
38, 212
66,698
45, 597
67,142
138,386
138,832
162, 794
90, 439
168,390
40,677
62,816
91,249
317,875

23

1,137, 459

914, 486

26

1, 296,312 1,280,387

40,433

80,903

5,000

27

1,325, 685 1,320,820

3, 665, 478

210, 050

New York
OTHER RESERVE CITIES
Boston
Philadelphia
Pittsburgh
Atlanta
Savannah
Birmingham
Dallas
Cincinnati
Cleveland
Detroit
Milwaukee
Minneapolis
St. Paul
St. Louis
Oklahoma City
Seattle
Los Angeles
San Francisco

2,839, g

179,800

150, 200 2, 354, 038

3,584, 575

205,050

244, 743 2,917, 697

Total other reserve cities..
Total all reserve cities
COUNTRY BANK
29,373
Pennsylvania
Total United States

4,502

61,021

249, 245 2, 978, 718

C A P I T A L S T O C K O F $25,000,000 B U T L E S S T H A N $50,000,000
CENTRAL RESERVE CITY
Chicago

1

178,073

80, 899

519, 518

25,000

20, 022

460, 375

1
1
1

265, 740
313, 374
266,101

144,665
68, 274
145, 562

580, 938
485, 847
519,070

44,500
25,000
30,000

30,861
26, 759
15,000

488,836
423, 358
452, 778

OTHER RESERVE CITIES
Boston.
Detroit
Los Angeles

. . .

Total other reserve cities..

3

845, 215

358, 501

1, 585, 855

99,500

72, 620

1,364,972

Total United States

4

1,023, 288

439, 400

2,105, 373

124, 500

92, 642

1,825, 347

C A P I T A L S T O C K O F $50,000,000 O R M O R E
CENTRAL RESERVE CITIES
..

2
1

1, 339,852
344,970

954,820
170, 890

3, 215, 088
796, 219

272, 000
75,000

192, 587
28,742

2, 483, 558
672, 064

Total central reserve cities.

3

1,684,822

1,125, 710

4,011,307

347,000

221,329

3,155,622

New York
Chicago

OTHER RESERVE CITY
San Francisco.-.
Total United States




1

481,284

261,084

865, 511

50,000

49,891

698,763

4

2,166,106

1,386, 794

4,876,818

397,000

271, 220

3,854, 385

TABLE N O . 22.—United States bonds on deposit to secure circulating notes of national banks on Oct. 31, 1910 to 1933

OO

[For yearly figures 1865-1909, see reports for 1900, p . 305, and 1931, p . 213]

to

United States bonds held as security for circulation
Year

Number
of banks

2-percent
Panama Canal
2-percent
consols of 1930 loans of 1936
and 1938

1910

7,218

$580,145,400

1911_.
1912
1913 _
1914_ _
1915
1916
1917_ _
1918
1919
1920..
1921._
1922
1923
1924 ,
1925.,
1926
1927
1928
1929._
1930
1931

7,331
7,428
7,514
7,578
7,632
7,608
7,671
7,765
7,900
8,157
8,179
8,262
8,264
8,098
8,118
8,008
7,832
7,707
7,506
7,218
6,619

593,006,600
601,762,600
604, 264,950
606,622,300
600, 678,600
567,690,250
555, 514,950
561,848,600
565,094,950
570,372, 500
576, 522,950
581,493,950
586,801,800
589,086,200
591,792,150
591,139,900
592,582,450
592,696,700
592,721,100
594,757, 350
591,180,800

1932




6,104

591,369,700

3-percent
bonds

3^-percent
bonds

[3 percent
$78,420,480 { 1908-18,
I $15,337,540
18,199,380
80,110,040
20,419,220
81,258,460
22,245,100
81, 701,240
21,447,180
81,971,820
20,377,720
81,614,420
15,984, 680
78,068,660
17, 715, 220
71,466,140
32,240
72,324,800
72,672,060
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
Panama
Canal
loans of
1961,
1,000 Treasury
Conversion
bonds of
bonds of
73,496,940
1946-49,
1946-47,
$28,345,200
1,000,000
Treasury
bonds of
1951-55,
33,579,450

3|&-percent
bonds

3J4-percent
bonds

4-percent
bonds

[4-percent loan
\ of 1925,
I
I $21,022,650
22,854,300
26,817,000
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
85,823,150
76, 687,050

Treasury
bonds of
1941-43,
$28,719,400
Treasury
bonds of
1940-43,
17,640,950
Treasury
bonds of
1943-47,
25,519,950

Total

s

$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
695,822,060
712,066,500
727,512,490
737, 660,690
746,562,330
739,842,890
666,185,130
66.5,492,880
666,873,290
667,168,440
666,736,100
669,128,450
665,255,340

i
w
o

3

799,672,590

>1933-




5,799

565, 587, 750

67,017,780

Panama
Canal
loans of
1961,
1,000 TreasuryConversion
bonds of
bonds of
1946-49,
1946-47,
45,333,150
1,020,000
Treasury
bonds of
1951-55,
49, 414, 500

Treasury
bonds of
1940-43,
18,113,150
Treasury
Treasury
bonds of
bonds of
1941-43,
1933-41,
38, 440,400
$40, 664,200
Treasury
bonds of
1943-47,
27, 039, 500

852, 631,430
d
O

S

1
o

CO

TABLE NO. 23.—Profit on national-bank-note circulation, based upon a deposit of $100,000 United States consols of 1930, and Panama Canal
loan, at the average net price, monthly, during the year ended Oct. 31, 1933
CONSOLS OF L930

Receipts

Cost of
bonds

Date

Circulation
obtainable

Interest
on circulation
Interest
less 5
on bonds percent
redemption fund

Profit on circulation
in excess of 6 percent on the investment

Deductions

Gross
receipts

Tax

Expenses

Sinking
fund

Interest on
cost of
Net receipts bonds
at 6
percent
Total

Amount

Percent

1932
November..
December

._

1933
January
__
February.._
_
March.
April
May
June...
July...
_...
. .
August
September
October.

$99,912
99,779

$100,000
100,000

$2,000
2,000

$5, 700
5,700

$7,700
7,700

$500
500

$118. 23
118. 23

$5,994.72
5,986.74

100,133
100,046
99, 500
99, 594
99, 639
100,000
100,000
99,906
99,875
99,875

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

500
500
500
500
500
500
500
500
500
500

118. 23
118. 23
118. 23
118. 23
118.23
118. 23
118.23
118. 23
118. 23
118. 23

6,007.98
6,002. 76
5,970. 00
5,975. 64
5,978. 34
6,000.00
6,000.00
5,994.36
5,992. 50
5,992. 50

Indetermin ate

P A N A M A CANAL L O A N (2's of 1916-36)
1932
$100,250
100,250

November
December

$100,000
100,000

$2,000
2,000

$5, 700
5,700

$7, 700
7,700

$500
500

$118. 23
118.23

$65. 65
67.67

$683.88
685.90

$7,016.12
7,014.10

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

500
500
500
500
500
500
500
500
500
500

118. 23
118. 23
118. 23
118. 23
118.23
118.23
118. 23
118. 23
118. 23
118. 23

155.95
113. 21
74.60
111. 73
114.76
138.81
181.04
187.11
192.17
198. 24

774.18
731.44

6,925.82
6,968. 56
7,007.17
6,970.04
6,967.01
6,942.96
6,900. 73
6,894. 66
6,889.60
6,883. 53

$6,015.00
6,015.00

$1,001.12
999.10

0.999
.997

892.04
944.38
991.75
947.54
944.51
916.56
866.95
860.88
855.82
849. 75

.887
.941
.989
.944
.941
.913
.862
.856
.851
.845

1933
January
February
March
April
May
June
July
August
September
October




100, 563
100,403
100, 257
100,375
100,375
100,440
100,563
100, 563
100, 563
100, 563

729.96
732.99
757.04
799. 27
805. 34
810.40
816.47

6,033.78
6,024.18
6,015.42
6,022.50
6,022.50
6,026.40
6,033. 78
6,033. 78
6,033.78
6,033. 78

185

EEPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 24.—Investment value of United States bonds—Panama Canal loanst
and 2's of 1930
Panama Canal loan,
2's of 1916-36
Date

January
April
July
October

Average
price, net

1933

$100. 5625
100.3750
101. 0000
100. 5625

2 percent bonds of 1930

Rate of interest realized by investors

Average
price, net

Percent
1.835
1.882
1.810
1.793

Rate of interest realized by investors

$100.1328 Indeterminate
99. 5938
Do.
99. 5000
Do.
99. 8750
Do.

TABLE N O . 25.— United States bonds (circulation)—Monthly range of prices in
New York, November 1982 to October 1933, inclusive
Date

November:
Opening.
HighestLowest..
Closing...
December:
OpeningHighestLowest...
Closing-..

1932

January:
Opening..
Highest..
Lowest...
Closing.-.
February:
Opening..
HighestLowest...
Closing...
March:
Opening..
HighestLowest...
Closing...
April:
Opening..
Highest...
Lowest...
Closing...
May:
Opening..
HighestLowest. ..
Closing-..
June:
Opening..
Highest...
Lowest...
Closing...
July:
OpeningHighest..
Lowest. -.
Closing...
August:
OpeningHighest. _
Lowest...
Closing...
September:
Opening—
Highest. _
Lowest
Closing...
October:
Opening—
Highest. _
Lowest...
Closing—


1933



Registered bonds

Coupon
bonds—
2's of 1930

2's of 1930

99%@100M Not quoted .
.do..
99M@100K
....do
do
do
..do
_.
do
do
..do..
-do..
-do..
..do..

100
99M
100
100
100
99 1100
99 ^100
99 @100
99

100
100

..do..
.do.do-do..
_do_do,-do-

99 @100

_do..
_do-

\ 99%
l

9dy8@ioo A
99 © 99M
997/s@100^

.do..
..do..
..do.do-do_.

Panama 2's
of 1916-36
100
100
100
ioo
100
100
100
100

100^
100H

ioo
IOOK

ioo

99 @100
99%@0
100 @ 10
99H@10
ioo @IO
ioo @IO
100 @10
ioo @IO
ioo @ io
100
100
100
100
100
ioo^
oi
100 AM%
101

_do.
.do.
-do.
.do.
-do.
..do.
.-do.
.do.
_do.
-do.
..do.
-do.

TABLE NO. 26,—National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on Oct. SI, each year 1931 to 1933
[For prior years gee annual reports for 1920, p. 42, and 1931, p. 220]

Ones

Twos

Fives

23,169, 877
22, 828, 895
340, 782

15, 495, 038
15, 332, 568
162, 470

3, 671,919, 360
3, 656, 801,150
15,118, 210

Year

Tens

Twenties

Fifties

One
hundreds

Five
hundreds

One thousands

Total

410, 619, 750
404, 602, 900
6, 016, 850

502, 217, 900
494, 799, 000
7, 418, 900

12, 289, 500
12, 202,000
87, 500

7, 454,000
7,433,000
21, 000

14, 081,189, 225
13,988,613, 438
92, 575, 787

Issued during current
year

OJ.D SERIES
1931.

Issued
Redeemed
_.
Outstanding. _ _

5,973, 628, 480 3, 464, 395, 520
5, 942, 854, 205 3, 431, 759, 720
30, 774, 275
32, 635, 800

NEW SERIES
Issued
Redeemed-_.
Outstanding.

1932.

Issued _
Redeemed- „_
Outstanding..

1932.-

Issued.
Redeemed...
Outstanding.

23,169, 677
22, 828, 928
340,749

15, 495, 038
15, 332, 618
162, 420

370, 660,020
237, 344, 670
133, 315, 350

539, 871, 600
290, 390, 040
249,481, 560

289, 973,160
97, 065, 740
192,907, 420

28, 612, 600
6, 868, 050
21, 744, 550

17, 367, 400
2, 018, 900
15, 348, 500

3, 671, 919, 360
3, 658, 731, 190
13,188,170

5,973, 628, 480
5,948, 554,990
25,073,490

3, 464, 395, 520
3, 439,078, 200
25, 317, 320

410, 619, 750
405,965, 700
4, 654,050

502, 217, 900
496, 355, 700
5,862, 200

524, 707, 860
371,118, 920
153, 588, 940

777,170,880
446, 764, 780
330, 406,100

415,146,840
165, 977, 200
249,169, 640

44, 723,800
10, 587, 750
34,136, 050

30, 203, 200
3, 428, 000
26, 775, 200

3, 671,919, 360
3,660,392, 200
11, 527,160

5, 973, 628, 480
5,953,627,055
20,001,425

3, 464, 395, 520 410, 619, 750
3, 445,941, 600 407, 217, 300
3,402, 450
18, 453, 920

502, 217,900
497,890,800
4, 327,100

673,899, 645
505, 699, 255
168, 200, 390

1,002,947,180
623,622,510
379, 324, 670

51, 313, 350
15, 018, 750
36, 294, 600

38,137,900
5, 573, 000
32, 564, 900

1, 246, 484, 780
633, 687. 400
612, 797, 380

12,289,500
12, 202,000
87, 500

7, 454, 000
7, 433, 000
21, 000

457,163, 430

14,081,189,225
14,006, 482, 326
74, 706, 899

NEW SERIES
1, 791,952, 580
997, 876, 650
794, 075, 930

545,467, 800

OLD SERIES
.
1933—, Issued
Redeemed - , - - Outstanding.,.

23,169, 677
22,828,928
340, 749

15, 495, 038
15,332,618
162,420

12, 289, 500
12,202,000
87,500

7, 454,000
7, 433, 000
21,000

14, 081,189, 225
14, 022,865, 501
58,323, 724

NEW SERIES
1933—Redeemed—
Outstanding-

NOTE 1.—First issue Dec. 21,1863; first redemption Apr, 5,1865,
NOTE 2.—Gold notes included since 1915.
NOTE 3.—Fractions and nonassorted notes not included.




529, 262,900
236, 362, 360
292, 900, 540

2, 295, 560, 975
1, 386, 275,875
909, 285,100

503, 608, 395

00

187

EEPOET OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 27.—National-bank currency issued to banks monthly from Nov. 1,
1932, to Oct. 31, 1933, and since 1863
Issued on
account of
redemptions

November
December

1932
1933

January
February
March
AprilMay
June...
July
August..
September
October
Total

Issued on
bonds

Total issued

$29, 525, 030
27,432, 730

$16,155, 520
8,616, 380

35, 802,870
25, 666, 670
17, 274, 650
23, 236, 730
34, 549, 600
32, 070, 330
35, 846,330
36,150,185
34, 235, 450
31,991,180

3,378, 060
16,702, 660
75, 508, 060
23,185, 540
2,491, 430
3, 743, 750
2,123, 840
6,185,180
5, 043,950
5, 259, 030

363, 781, 755

168, 393, 400

Grand total
issued since

$45,680,550 $15,938,139,155
36, 049,110 15,974,188, 265
39,180,930
42, 369,330
92, 782, 710
46,422, 270
37, 041, 030
35, 814, 080
37,970,170
42, 335, 365
39, 279, 400
37, 250, 210

16, 013, 369,195
16, 055, 738, 525
16,148, 521, 235
16,194,943, 505
16, 231,984, 535
16, 267, 798, 615
16, 305, 768, 785
16, 348,104,150
16, 387, 383, 550
16, 424, 633, 760

532,175,155

TABLE NO. 28.—National-bank notes received monthly for redemption during
year ended Oct. 31, 1933 1
Received by the Comptroller of the Currency

Month

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

1932
1933

TotalReceived from June 20, 1874, to
Oct. 31, 1932
Grand total.

From the redemption agency
From national
banks in connection with
reduction of
circulation
replacement
Retirement
and replace- For
with new notes
account
ment with
new notes

$1, 530. 00
360. 00

$27,011,482.50
27, 476, 820. 00

$3, 446, 120
3, 121, 990

567. 50
13, 965. 00
2,130. 00
7, 587. 50

32, 232, 560. 00
25, 679, 360. 00
16, 793, 360. 00
26, 496, 880. 00
29,101, 560. 00
30, 014, 810. 00
30, 661, 555. 00
36, 087, 967. 50
33, 457, 530. 00
31, 519, 020. 00

36, 955, 540
3, 500, 960
2, 408, 375
4, 546, 950
5, 473, 430
4, 550, 555
6, 328,170
6, 969, 475
7, 355,110
7,181, 600

346, 512, 905. 00

58, 578, 275

18, 840. 00

44, 980. 00

$30, 459,132. 50
30, 599,170. 00
35, 928, 667. 50
29,194, 285. 00
19, 203, 8G5. 00
31, 051, 417. 50
34, 574, 990. 00
34, 565, 365. 00
37, 008, 565. 00
43, 037, 442. 50
40, 812, 640. 00
38, 700, 620. 00
405,136,160. 00

59, 326, 245. 00 12,917, 044, 275. 00

1,870,485, 387 14, 846, 855, 907. 00

59, 371, 225. 00 13, 263, 557,180.00

1,929,063, 662 15, 251,992,067.00

i Notes of gold banks not included in this table.




Total

188

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 29.—National-bank notes received at Currency Bureau and destroyed
since establishment of the system
[For yearly figures 1866-99 see report for 1931, p . 223]

Amount

Date
Prior to Nov. 1, 1865
During the year ended Oct. 31—
1866-99
1900
1901
1902
1903
1904
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919

$175,490.00
1, 789,185,225.00
71,065,968. 00
90,848,100. 00
107,222, 495.00
140,306,990.00
167,118,135.00
195,194, 785.00
191,102, 985. 00
197, 932,847. 00
231,128,140.00
326, 622, 845. 00
359,496,000. 00
409,835, 965. 00
428, 399, 608.00
426, 282, 840. 00
435, 904, 280. 00
362, 551,125. 00
351,374, 597. 00
298,468,107.00
236, 296, 660. 00
330,106, 555.00

Bate

Amount

During the year ended Oct. 31—
Continued.
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933

$424, 542,837. 00
570,887,902.00
537,153, 570. 00
542,194, 707.00
522,241,817.00
4^0, 950,865.00
487,254,340.00
475,920,522.00
517,236,465.00
492,160,200.00
645, 640, 640.00
433,315,240.00
341, 314,325.00
346, 712, 255. 00

Total
13,954,145, 427. 00
Additional amount of insolvent
and liquidating n a t i o n a l 1, 451, 495,981. 50
bank notes destroyed
3,390, 560.00
Gold notes
_.
Grand total
. . - i 15, 409, 031, 968. 50

i In addition, $46,115 destroyed in transit.

TABLE NO. 30.—National-bank notes issued during each year 1914-33, nationalbank notes of active, insolvent, and liquidated banks destroyed, total destructions
for each year, and percentage of destructions to issues
[For prior years, see report for 1920, vol. 2, p. 51]
Destroyed
Year ended
Oct. 31—

1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924__.
1925
1926
1927
1928
19291
19301
1931
1932
1933

Issued

$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, 444,140
569, 856, 070
550,498,910
492,110,950
509,464, 360
506,131, 540
542, 913,470
517,573, 245
683, 508, 845
457,163,430
545,467,800
-- 503, 608, 395

i New series included.




Insolvent
and liquiActive banks
dated b a n k s
$435,904,280
362, 551,125
351, 374, 597
298,468,107
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
517, 236,465
492,160,200
645,641,640
433,315,340
341, 314, 705
346, 712, 265

$20, 246,418
342,807,352
59,026,804
38,901,595
20, 238, 717
24,864, 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
32,927,840
27,772,332
40, 743, 433
58,070,135

Total

$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, 845, 878
544,899,970
518,182,884
678,569,480
461,087,672
382, 058,138
404, 782,400

Total outstanding

$1,121,468,911
781, 268, 793
726,069, 290
716,276,375
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
669,969,441
863,075,900
961, 548,135

Percent
destructions,
active
banks to
issues

Percent
destructions to
issues

53.27
99.59
98.62
91.68
90.83
92.53
93.09
94.62
94.33
95.14
94.86
95.70
95.64
94.03
95.27
95.08
94.45
94.78
62.57
68.84

55.75
193. 75
115.18
103.62
98.61
99.50
97.43
98.01
96.73
98.23
99.73
112. 45
102. 52
99.35
100.36
100.11
99.27
100.85
69.91
80.37

189

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 31.—Amount, denomination, and cost of national bank currency
received from Bureau of Engraving and Printing, year ended, Oct. 31, 1933
6-SUBJECT SHEET, SERIES OF 1929

5
10
20
50
100

.

.

-.- .--

.

ing, etc.

Total cost

310
280
720
800
200

$30,6 7 9.98
20, 742. 08
4, 664. 90
75.27
31.47

$237, 516.63
160, 579.93
36,114. 49
582. 74
243. 68

$268,196. 61
181,322. 01
40, 779. 39
658. 01
275.15

537,122, 310

56,193. 70

435, 037. 47

491, 231.17

$178, 718,
241, 655,
108, 696,
4, 384,
3, 667,

.

-

Total

Cost of p a p e r Cost of print-

Amount

Denominations

TABLE N O . 32.—Vault account of currency received and issued by Currency Bureau
during the year, and the amount on hand Oct. 31, 1933
OLD SERIES

National bank currency in vaults at the close of business Oct. 31, 1932
National bank currency received from Bureau of Engraving and Printing, during the year
ended Oct. 31, 1933
Amount issued to banks during the year
Amount in vaults at close of business, Oct. 31, 1933

$19,930
0
0
19,930

NEW SERIES

National bank currency in vaults at the close of business Oct. 31, 1932
242,645,760
National currency received from Bureau of Engraving and Printing during the year ended
Oct. 31, 1933
547,122,310
Total to be accounted for
Amount issued to banks during the year
Amount withdrawn from vaults and canceled

_

$513,608,395
18,566,760

Total withdrawn

789,768,070

532,175,155

Amount in vaults at close of business Oct. 31, 1933
Add "Old series"
Total amount in vaults

257,592,915
19,930
257,612,845

TABLE N O . 33.—Vault account of currency received and destroyed during year
ended Oct. 31, 1933
Amount in vault of Redemption Division of Currency Bureau awaiting destruction at close of
Business Oct. 31, 1932
$5, 769, 210
Amount received during year ended Oct. 31, 1933
_
405,136,160
Total
Withdrawn and destroyed during year
Balance on hand in vault Oct. 31, 1933
NOTE.—Notes of gold banks not included in this table.

-

-

410,905,370
404,782,390
6,122,980

TABLE NO. 34.—Amount of currency received for redemption, by months, from
July 1, 1932, to June 30, 1933, and counted into the cash of the National Bank
Redemption Agency
National-bank
notes

Federal Reserve bank
notes

$28, 344, 966. 00
31, 557,157. 00
31, 715, 318. 00
35,1*6, 069. 00
29, 947,810. 50
29, 703,337.00

$18,927
25,896
10,362
12,399
9,890

$5, 268,850
5, 353,480
4, 603, 985
4, 639, 725
4, 317, 830
4,046, 210

$7, 224. 80 $33, 639,967. 80
10, 373. 94 36,946, 906. 94
17, 757.83
36, 347,422. 83
8,013. 50 39,806,206.50
9, 219. 75 34, 284,750. 25
9, 264. 57 33, 768,719. 57

14,181
8,846
11,325
40, 963
139,180
374,933
676,810

4,183, 035
3, 515, 230
6,825, 485
11, 785, 500
18, 724, 010
4,096,175
77, 359, 515

19,107. 25
42,806. 340. 25
4,034. 95
30,063, 239.95
9,861. 38
24,122, 419. 38
33, 669. 50 45,431, 648. 50
8,009. 50
54, 931, 678. 50
3, 257. 75 39, 019, 564. 75
139, 794. 72 451,168,865. 22

Federal Reserve notes

United States
currency

Total

1932

July-.-August
September..
October
November..
December..
1933

January _
38, 590, 017.00
February
26, 535,129. 00
March
17, 275, 748. 00
33, 571, 516. 00
April..
36, 060, 479. 00
May
34, 545.199. 00
June
Total..
372,992, 745. 50



190

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 35.—Amount of currency received by National Bank Redemption
Agency for redemption in year ended June 30, 1933, from principal cities
$10,180,495.00
Boston
$26, 539, 523. 00 Kansas City
New York
87,705,900.00
Dallas
8,867,600.00
Philadelphia
40,187,270.50
San Francisco
17,771,800.00
Cleveland
17, 238, 000. 00
Cincinnati
8,079,200.00
Richmond
14, 789, 900. 00 Baltimore
6,763,801.00
Atlanta
15,679,950.00 New Orleans
5,093,150.00
Chicago
41, 201,198. 00 Other sources
124,650,093.22
St. Louis
17,126, 544. 50
Minneapolis
9,334,400.00
Total
451,208,825.22
NOTE.—The difference of $39,960 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 all issues received by the National Bank Redemption Agency and
counted into cash from June 30, 1874, to June 30, 1933, exclusive of deductions for shortages and spurious
issues, is $20,196,784,276.18.

TABLE N O . 36.—Cost of redemption of national-bank notes during the year ended
June 30, 1933
Amount of expenses
Office Treasurer Office CompUnited States troller of Cur(N.B.R.A.)
rency
Redeemed out of 5-percent fund, unfit for use
Salaries
Printing, binding, and stationery
Contingent expenses
Insurance
Postage
Total
Redeemed on retirement account:
Salaries
Printing, binding, and stationery
Contingent expenses
Insurance
Postage
Total
Aggregate

$214, 037. 28
1, 753. 90
1, 257. 28
9, 276.16
7,063. 66

$42, 652. 98
347. 87
131. 86
9, 313. 39
101, 861.12

$256, 690. 26
2,101. 77
1, 389.14
18, 589. 55
108,924. 78

233, 388. 28

154, 307. 22

387, 695. 50

28, 846. 56
236. 38
169. 45
1, 250.18
951.99

5, 748. 49
46.89
17.77

34, 595. 05
283. 27
187. 22
1, 250.18
951. 99

31, 454. 56

5, 813.15

37, 267. 71

264, 842. 84

160,120. 37

424,963. 21

Amount redeemed
Redeemed out of 5-percent unfit for use
Redeemed on retirement account
Total

Total

Rate per
$1,000

Amount of
expenses

$327, 902. 827. 50
44,192, 620. 00

$1.182^4875
. 84330163

$387,695. 50
37, 2t>7. 71

372,095,447. 50

1.14208414

424,963. 21

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, 1933
Amount
Federal Reserve notes:
Received from various sources, whole notes:
Salaries
Printing, binding, and stationery
Contingent expenses
Total
Received direct from Federal Reserve banks and branches, canceled and cut:
Salaries
Printing, binding, and stationery...
Contingent expenses

$3,492.33
28.62
20.51
3,541.46
40, 761. 59
206.24
255. 40

TotaL..

4 1 , 223. 23

Aggregate

44, 764. £




REPORT OF THE COMPTROLLER OF THE CURRENCY

191

TA*LE N O . 37.—Classification of Federal Reserve currency redemptions, the amount
'reaeemedy number of notes, cost of redemption per 1,000 notes, and amount assessed
upon Federal Reserve banks, year ended June 80, 1933—Continued
Amount in
dollars
Federal Reserve notes:
Received from various sources, whole notes.__
Received direct from Federal Reserve banks
and branches, canceled and cut
Total..

_.-

Number of
notes

Rate per
1,000 notes

Assessment

$77,187, 665

4, 255, 820

$0. 83214502

$3,541.46

833, 409, 000

88, 296, 366

.46687346

41, 223. 23

910, 596, 665

92, 552,186

.48366971

44, 764. 69

TABLE NO.; 38.—Taxes assessed on national-bank circulation, years ended June 30,
1864-1933; cost of redemption, 1874-1933; and assessments for cost of plates,
etc., 1883-1933
[For yearly figures 1883-1911 see report for 1931, p. 227]

Year

Semiannual
duty on circulation

Cost of reredemption of
notes by the
United States
Treasurer

Assessment for
cost of
plates,
new
banks l

1864-1882
$52, 253, 518.24
1874-1882
"$1,971,587.16~
1883-1911
62, 595, 336. 73 5, 269,078. 81 $821,110
1912
3,690, 313. 53
22, 740
505, 735. 21
3,804, 762. 29
28, 560
1913
__„
517,842. 93
3,889, 733.17
11, 560
1914
529,013. 36
3
/ 3, 901, 541.18
1915
_ „ . \ 2,977,066.73 }
16,660
498, 328. 60
3,744, 967. 77
450,150. 22
10,085
1916.
3, 533,631. 28
420,160. 42
9,200
1917
3, 656,895. 34
16, 770
1918...
412, 785. 92
3, 627,060.80
15, 600
1919.
528, 424. 24
3,706,901.15
31,850
1920___
974,058.11
3,806, 590. 02
31,070
1921.
1,115,146.00
3,941,461.17
18,244
1922
594,168. 70
4, 030, 336. 30
23. 464
1923
534,598.55
4, 063, 708. 32
18, 756
1924
527, 979. 90
3,661,819.45
12, 682
1925
459, 790. 43
3, 277, 512.90
22, 948
1926
494, 470. 91
3, 253, 461. 97
22. 618
1927
467, 411. 42
3, 234, 240. 29
20,890
1928..
465,080.16
/
15,792
1929
3,441,152. 95
461, 375. 92 \
3,930
193O._
642,676. 54
2,286
3,248, 327.85
1931
_
445, 683.09
3,174
3, 242,977. 92
1932
424,431. 75
6,762
3,175,189.24
1933..
424,963. 21
11, 270
3, 415,840. 63

Total... 197,174,347. 22 19,114,941.50

1,198,021

AssessAssess- ment for
Assessment for
cost of
ment for
cost of
plates,
adding
plates,
addisignatures
extended
tional
to plates,
banks
or duplietc.i
cate

$473, 295
28,190
19,805
8,500
13,855
9,700
6,000
11,120
15,340
28, 990
82,160
52, 780
5,850
3,556
4,456

I

-

$4,130
6,975
6,300
11,175
3,420
6,460
9,100
7,590
20, 770
12, 670
17, 226
25, 262
31, 388
4,404
30, 564
37,924
21, 728
/
17, 914 \
12
96

763,597

275,108

Total

$52, 253, 518. 24
1,971,587.10
69,158,820. 54
4, 251,108. 74
4,377, 945. 22
4,445,106. 53
7,418,626.51
4,218,322.99
3,975.451. 70
4,106, 671. 26
4,194,015.04
4,762, 569. 26
5, 047,636. 02
4, 624, 372.87
$493. 00
841. 00
4,600,351.85
773. 00
4, 646,161. 22
591.00
4,143,742.88
1, 610. 00
3,827,105.81
1,110.00
3, 782, 525. 39
1, 229. 89
3, 743,168. 34
1,322.30
54.00 } 3,941,541.17
8, 280. 00
3,901,570. 39
11,079.00
3,702,914. 01
11,028.00
3,617, 422. 99
11,181.00
3,863,350. 84
49, 592.19

218,575,606.91

1
Beginning in the latter part of 1929 amounts in this column concern logotypes incident to reduced size
notes, Series of 1929.
2 Tax collected on additional circulation under act May 30,1908.

NOTE.—Average cost per $1,000 for national-bank notes redeemed in 1925, $0.83; in 1926, $0.94: in 1927,
$0.93; in 1928, $0.86; in 1929, $0.95; in 1930, $0.88; in 1931, $0.91; in 1932, $1.08; and in 1933, $1.14.




192

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE 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 Nov. 2, 1982, to Oct. 25, 1933
[In thousands of dollars]
Collateral security
Date

Federal Reserve notes
outstanding

1932
Nov. 2...
Nov.9—
Nov. 16Nov. 23..
Nov. 30Dec.7._Dec. 14..
Dec. 21..
Dec. 28..

Gold

Eligible
paper

United
Excess
States collateral
Government
securities

2.918, 711
2,932,116
2,925, 250
2.919, 768
2, 913, 683
2. 946, 756
2,960, 303
3,005, 204
2, 999, 717

2, 207,934
2,228,469
2, 241,169
2,230,351
2, 242, 398
2, 281,059
2, 288,899
2, 297, 515
2, 335, 345

309, 485
294,388
290, 799
291, 742
293, 944
282, 876
268, 735
254, 606
252, 304

439,100
424,900
423,300
429,900
414, 400
408,600
426,300
471, 600
428,500

37, 808
15, 641
30,018
32, 225
37,059
25, 779
23,631
18, 517
16, 432

2,980,366
2, 929, 953
2,932, 263
2, 933, 505
2,942, 459
2,992,411
3,133, 628
3, 249, 887
3, 865,116
4, 550, 680
4,728,517
4,314, 448
4, 092, 652
3,965, 202
3,843, 960
3, 760,879
3, 715, 341
3, 671, 321
3,613,316
3, 556, 604
3, 471, 471
3.436,872
3, 419, 635
3,380.077
3, 362,087
3,327,308
3, 361, 556
3,348, 580
3,312, 994
3, 280, 674
3, 270,681
3, 274, 216
3, 266,879
3, 256, 549
3, 244,977
3,269,611
3, 282, 847
3,279, 097
3, 250,979
3.259,873
3,281,247
3, 262, 380
3,239,636

2,344, 625
235,401
2, 345, 320
232,679
2,377, 803
233,636
2, 390,103
249,096
2, 414,852
250,763
2,469, 982
235,255
2, 447, 357
265, 334
2, 367, 987
435, 547
2,180,967 1,032, 589
1,931,656 1,754,975
2, 215, 268 1, 512,877
2, 458, 432
877,152
2, 530, 940
715, 594
2, 575, 405
568, 406
2, 590, 790
518, 837
2, 627, 454
485,164
2, 671, 746
417, 659
2, 665,104
371, 749
2, 706, 759
292, 811
2,731,939
249,447
2,832, 714
217, 760
2,813,639
190,397
2, 787, 074
162, 422
2,816,469
150,570
2, 756,903
126,141
2,809, 201
115, 779
2, 767, 366
119, 420
2,785,711
105,105
2, 772, 412
97, 295
2, 736, 432
98, 276
2, 747, 289
100, 480
2,756,489
97,207
2, 752, 404
106,958
2,779,984
95,004
2, 779, 519
98,143
2, 748, 851
90,727
2, 740, 651
81,215
2, 732, 226
79,468
2, 713,026
84,057
2,679,077
75, 332
2,661,809
75,435
2,677,599
69,032
2,675,331
71,637

426,100
384, 400
354, 600
325, 600
306, 800
316,200
445,100
473, 700
661,900
886, 400
1,009, 300
1,000, 700
868, 700
853, 700
768, 000
690, 000
650, 500
659, 400
633, 400
613,400
471, 900
480,900
505,900
467, 900
504, 200
441,200
505,700
499,200
485, 200
489, 200
477,200
475, 700
442, 700
433,700
437, 700
483,700
507, 700
527, 200
525,200
570,200
603,200
575, 200
556, 200

25, 760
32, 446
33,776
31, 294
29, 956
29,026
24,163
27,347
10, 340
22, 351
8,928
21,836
22, 582
32,309
33, 667
41,739
24, 564
24,932
19,654
38.182
50, 903
48,064
35, 761
54,862
25,157
38,872
30,930
41,436
41,913
43,234
54,288
55,180
35.183
52,139
70,385
53,667
46, 719
59, 797
71, 304
64, 736
59,197
59, 451
63,532

1933
Jan.4
Jan. 1 1 —
Jan. 1 8 —
Jan. 2 5 —
Feb.l_._
Feb.8.-_
Feb. 15. .
Feb. 21-.
Mar.l—
Mar. 8 —
Mar. 15Mar. 22Mar.29_.
Apr. S.Apr. 12. _
Apr. 19-.
Apr.26._

May3—
May 10May 17May24_.
May 31-

June7__.
June 14_ _
June 21 _.
June 28-.
July5__.
Julyl2__
July 19__
July 26__
Aug.2__.
Aug.9—
Aug. 16Aug.23Aug.30..
Sept. 6 —
Sept. 13Sept. 20..
Sept. 27..
Oct. 4...
Oct. 11. _
Oct. 18._
Oct.25.-




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 Oct. 31, 1933
VAULT BALANCE OCT. 31, 1933, 1914-18 SERIES
Fives

Tens

Twenties

Fifties

Total printed.
$5,370,100,000 $5,978,52G,0O0 $6,092,240,000 $1,283,800,000
Total shipped and canceled 5,370,100,000 5,978,520,000 6,092,240,000 1,283,800,000

One hundreds Five hundreds
$884,400,000
884,400,000

$173,000,000
173,000,000

One
thousands

Five
thousands

Ten
thousands

Total
O

$333,600,000 $108,000,000 $184,000,000
333,600,000 108,000, 000 184, 000,000

407, 660,000
407,660,000

n

VAULT BALANCE OCT. 31, 1933, 1928 SERIES
Total printed
$2,280,960,000 $3,075,360,000 $3,014,400,000 $1,350, 200,000 $1, 703,600,000
924,200,000 1,242,800,000
Total shipped and canceled 1,683,640,000 2,537,520,000 2,429,120,000
Total on hand
597, 320,000
537,840,000
585,280,000
426,000,000
460,800,000

$951,260, 000 $1,160,996,000 $81,840,000
716, 396,000 39,120,000
512,260,000
439,000,000

444, 600,000

42,720,000

$98, 880,000 $13,717,496,000
39, 720,000 10,124,776,000
59,160,000

*

3,592, 720,000

<3

O

COMBINED VAULT BALANCE OCT. 31, 1933, BOTH SERIES
Total1 printed--,
- $7,651,060,000 $9,053,880,000 $9,106,640,000 $2, 634,000,000 $2, 588,000,000 $1,124,260,000 $1,494, 596,000 $189,840,000 $282,880,000 $34,125,156, 000
printe<
Total1shipped
shippe and canceled 7,053,740,000 8,516,040,000 8,521,360,000 2, 208,000,000 2,127, 200,000
685, 260,000 1, 049,996,000 147,120,000 223, 720,000 30, 532,436,000
Total <
on hand

597,320,000

537,840,000

585,280,000

426,000,000

460,800,000

439,000,000

444, 600,000

42, 720,000

59,160,000

3, 592, 720, 000

ISSUED, R E T I R E D , AND OUTSTANDING OCT. 31, 1933, 1914-18 SERIES

Total1 issued—
issued.
Total1retired.._
retired
Total <
outstanding—-

$6,148,375,250
6,129,741,515

$6,990,812,040
6,966,253,810

18,633,735

24,558,230

$7,192,258,040 $1,486,660,050 $1, 111, 562,800
7,152,971,440 1,469,786,200 1,092,851,700
39,286,600

16,873,850

18,711,100

$184, 528, 500
180,832,000

$424,150,000
413, 419,000

3,696, 500

10, 731,000

$73,340,000 $127, 260,000 $23, 738,946,680
73,190,000 126,900,000 23,605,945,665
150,000

360,000

133,001,015

ISSUED, R E T I R E D , AND OUTSTANDING OCT. 31, 1933, 1928 SERIES
Total issued
$2,091,318,370 $3, 632,000,120 $3,394, 503,840 $1,098,809,500 $1,570,339,500
808,696,200 1,047,297,300
1,827,854,155 2,881,454, 710 2,498,336,380
Total retired
Total outstanding-__• 263,464, 215
896,167,460
290,113,300
523,042,200
750, 545,410




$505,079,000
384,767,000
20,312,000

2

$782, 277,000 $41,095,000
552,802,000 33,305,000
229,475,000

i

7,790,000

$59, 680,000 $13,175,102,330
47, 700,000 10,082,212,745
11,980,000

3,092,889,585

QQ

OO

TABLE NO. 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 Oct. 31, 1983—Continued

CO

COMBINED ISSUED, RETIRED, AND OUTSTANDING OCT. 31, 1933, BOTH SERIES
Fives
Total issued
Total retired

Tens

Twenties

Fifties

One hundreds Five hundreds

$8, 239, 693, 620 $10, 622,812,160 $10, 586, 761,880 $2, 585, 469, 550 $2, 681, 902, 300
9,651,307,820 2, 278,482,400 2,140,149,000
7,957, 595, 670
9,847,708, 520

Total outstanding.-.

282,097,950

775,103, 640

935,454,060

306,987,150

541, 753, 300

One
thousands

Five
thousands

Ten
thousands

Total

8

$689, 607, 500 $1, 206, 427,000 $114,435,000 $186,940,000 $36,914,049,010
966,221,000 106,495,000 174,600,000 33,688,158,410
565,599,000
124,008,500

240, 206,000

7, 940,000

12, 340,000

3, 225,890,600

MUTILATED FEDERAL RESERVE NOTES, BY DENOMINATIONS, RECEIVED AND DESTROYED SINCE ORGANIZATION OF BANKS AND ON HAND
IN VAULT OCT. 31, 1933, 1914-18 SERIES
BANK

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
_
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

1

Total received
Total destroyed

$450, 923,875
1,483,510,785
517,840, 765
364,925, 595
229,056, 765
270,800,110
821,524, 530
207,873,460
145,656, 590
218, 721,390
142,195, 300
457, 697,100

$695, 459,360
1,760,464,030
564,478, 290
436,876, 780
274,231, 700
311,481,670
844,439,210
214,103,990
142, 690, 360
163, 610,900
129, 327,810
412, 677, 670

5,310,726,265 5,949,841,770
5, 310, 726, 265 5,949,841, 770




$512, 789, 960
1,167,844,100
598,995,060
766,031,860
336,812,400
315,539,080
929,398,700
213,217,320
129,973,040
181, 568,880
136,251,160
710,691,840

$51,998, 250
259,179,350
183,956,800
296,513,550
82,247,900
42,482,600
197,341,850
28,104, 750
7,804,600
18,330,900
10,627, 650
66,937,950

5,999,113,400 1,245,526,150
5,999,113,400 1, 245, 526,150

$71, 473, 800
302, 756,700
62,416,200
65,397,200
41,030,000
46, 243,900
86,208,800
18,185, 700
11,524,900
24, 851, 500
12,065, 200
103,935,000

$6,655,000
61,686, 500
3,325,500
7,517,500
1,990, 500
12,845,000
14,586,500
3, 294,000
1,937,000
3,444,000
2,139, 000
9,882,000

$20,366,000
122,318,000
13, 255,000
8,498,000
8,277,000
39,423,000
18,075,000
4,109,000
2,651,000
4,149,000
4, 292,000
21,057,000

$3,980,000
7,985,000

13,985,000

$8,010,000 $1,821, 656, 245
15,910,000 5,181,654,465
1,944, 267, 615
3,970,000 1,951, 710,485
4,000,000
979,646, 265
1,038,815,360
2,915,494,590
694,888,220
4,000,000
442,237,490
614, 676,570
436,898,120
19, 750,000 1,816,613,560

846,088,900
846,088,900

129,302, 500
129, 302, 500

266,470,000
266,470,000

35,850,000
35,850,000

55,640,000
55,640,000

1,980,000
2,000,000
3,920,000
2,000,000

i

o
o

19,838,558,985
19,838,558,985

3

3

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 A N D D E S T R O Y E D SINCE O R G A N I Z A T I O N OF BANKS A N D ON H A N D
I N V A U L T O C T . 31, 1933, 1928 S E R I E S
BANK

Boston
New YorkPhiladelphia.Cleveland
Richmond
Atlanta
__ _
Kansas City.
Dallas
San Francisco.._

__

$83,140,425
207, 037,035
111,260,770
85,126, 700
45, 640, 310
60,553,015
126,912,180
72,614,155
17,612, 340
30,509,075
16,244,865
81,634,685

Total received.
Total destroyed.

_

938, 285, 555
936,350,655

Chicago __ _
_ _ _ _ _ _
St. Louis
M i n n e a p o l i s __
__

1,934,900

Balance on hand

$192,130,900
303,980,130
145,899,120
119,124,710
70,045,090
57, 213,870
161,778,730
61,276, 530
25,011,700
40,480,170
25,083,970
65,599,440

$77,629,620
146,566,780
83,941,860
108,495,800
57,280,400
36,787,660
87,368,160
34,003,080
16,415,000
35,625,300
20,234,500
72,425,320

$6,498,500
22,207,000
27, 565,200
16,262,950
10,180,900
6,366,600
26,011,300
2,113,600
797, 600
2,199, 200
888,000
4,250, 250

$7,656,800
18,822,600
8,015, 200
3,583, 600
6,466, 500
7,835,800
8,255,600
2,401,000
1, 223,000
2,982, 200
1,608,400
6,612,800

$615,000
4,202, 500
679,000
1, 531,000
247,000
3,073,000
877, 500
109,000
241,000
1,193, 000
233,000
303,000

$1,421,000
6,386,000
1,198,000
1,956,000
5,966,000
3, 749,000
4,873,000
154,000
337,000
1,781,000
302,000
529,000

$35,000
25,000

$40,000
110,000

40,000
45,000
35,000
45,000

110,000
130,000

70,000
5,000

20,000
10,000

1, 267,624,360
1, 264,540,760

776, 773,480
774,985,480

125, 341,100
124,973,650

75,463,500
75,141,900

13,304,000
13,132,000

28,652,000
28,546,000

300,000
230,000

420,000
400,000

3,226,163,995
3,218,300,445

367,450

321,600

172,000

20,000

7,863, 550

3,083,600

1, 788,000

106,000

70,000

$369,167,245
709,337,045
378,559,150
336,230,760
196,001,200
175,613,945
416,121,470
172,671, 365
61,637,640
114,859,945
64,609, 735
231,354, 495

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 A N D D E S T R O Y E D S I N C E O R G A N I Z A T I O N O F B A N K S
A N D O N H A N D I N V A U L T O C T . 31, 1933, B O T H S E R I E S

Total received _ . _
Total destroyed

$6, 249,011,820
6, 247,076,920

$7,217,466,130
7, 214,382, 530

1, 934, 900

3,083, 600

Balance on hand

$6,775,886,880 $1, 370,867, 250
6, 774,098,880 1, 370, 499, 800
1, 788,000

367, 450

$921,552,400
921, 230,800

$142, 606, 500
142, 434, 500

$295,122,000
295, 016,000

$36,150,000
36,080,000

321,600

172,000

106,000

70,000

1
a

o

g

$56, 060,000 $23,064, 722,980
56,040,000 23,056,859,430
20,000

7,863,550

N O T E . — D u r i n g the fiscal year Nov. 1, 1932, to Oct. 31, 1933, badly mutilated, burned, and fractional parts of Federal Reserve notes amounting to $23,052—new series, $19,720
old series, $2,442—Federal Reserve b a n k notes, 1929 series, $890 have been identified, valued, and the bank of issue determined.




3

CO
Or

TABLE N O . 41.—Aggregate amount of Federal Reserve bank notes, old series, printed, issued, canceled, and redeemed by denominations, since
the inauguration of the Federal Reserve system, and amount outstanding, Oct. 81, 1933
VAULT BALANCE OCT. 31, 1933
Ones
Total printed _
Total issued and canceled

$478,892, 000
478,892,000

Twos
$135,192,000
135,192,000

Fives
$121,460,000
121,460,000

Tens
$16,440, 000
16,440,000

Twenties

Fifties

Total

$9, 760,000
9,760,000

$200,000
200,000

$761,944,000
761,944,000

ISSUED, REDEEMED, AND OUTSTANDING OCT. 31, 1933
Total issued
Total redeemed

,.
„

Total outstanding

_
„,„„,„„
,__,.

,„,.

„

$478, 892, 000
477, 229, 964

$135,192,000
134, 760, 913

$121, 460, 000
121,178,865

$16,440, 000
16,373,075

$9,760,000
9, 686, 550

$200,000
189,950

$761,944, 000
759,419, 317

,-_„,

1, 662, 036

431,087

281,135

66, 925

7a, 450

10,050

2,524,683

,.

TABLE N O . 41-A.—Aggregate amount of Federal Reserve bank notes, series 1929, printed, shipped, and on hand; issued, retired, and outstanding;
received for destruction and destroyed by denominations, under the terms of sec. 18, Federal Reserve Act, as amended and approved Mar, #,
1933, during period Mar. 9, 1933, to Oct. 31, 1933

o

I
o

VAULT BALANCE OCT. 31, 1933
Fives
Total printed
Total shipped
Total on hand

^___.,_-_

Tens

Twenties

Fifties

$101,100,000
61,560, 000

$204,480,000
97, 360, 000

$263, 280,000
129,280,000

$138,600,000
61,400,000

39,540,000

107,120,000

134,000,000

One hundreds

Total

$160,800,000
64, 000,000

$868,260,000
413,600,000

77,200,000

96,800,000

454,660,000

8

ISSUED, RETIRED, AND OUTSTANDING O C T . 31, 1933, 1929 S E R I E S
Total Issued
Total retired..,

.

Total outstanding




$51, 265,000
6, 433,500

$61,557,000
3,257,150

$77, 702, 000
7,398,500

$19, 415,000
2,105, 200

$33, 200,000
6, 499,100

$243,139,000
25, 693, 450

44,831,500

58,299,850

70,803,500

17,309,800

26, 700,900

217,445,550

3

M U T I L A T E D F E D E R A L R E S E R V E BANK NOTES, BY D E N O M I N A T I O N S , R E C E I V E D A N D D E S T R O Y E D SINCE ORGANIZATION OF BANKS, AND
ON HAND I N VAULT OCT. 31, 1933, 1929 S E R I E S
BANK
$501,400
277,300
1,024,150
475, 650
210,350
1,030,250
450

$54,700
937, 250
31,950
55, 700
106, 500
172,050
12,150

_
_

62, 050
11,900

48, 650
40,350
7,850

37,700
14,000

500

1,300

Total received
Total destroyed

3, 593, 500
3, 593, 500

1,467,150
1, 467,150

1.163, 500
1, 163, 500

165. 200
165, 200

149,100
149,100

Boston
New York
Philadelphia
Cleveland— _
Atlanta
ChicagoSt. Louis .
Minneapolis
Kansas City
Dallas
.
San Francisco

___

Balance on hand




$95,900
723,200
106,100
12,900
8,200
150,800
3,000
11, 700

$162, 650

$119,000

2,050

6,000
22,800

$652,000
2, 219, 400
1,162,200
552,300
325,050
1,375,900
15,600
11,700
48,650
141,900
33, 750
6, 538, 450
6, 538,450

tei

o

3
a

o

o

3
tel

szj
o

CO

TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 31, 1933, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure
Organization
Name and location of bank

Farmers & Drovers National Bank, Waynesburg, Pa.
First National Bank, Sutton, W.Va
Bannock National Bank, Pocatello, Idaho
American National Bank, Billings, Mont
Citizens National Bank, Laurel, Mont
Commercial National Bank, Wilmington, N.C
First National Bank, Joseph, Oreg
First National Bank, Sapulpa, Okla
Merchants National Bank, Mandan, N.Dak
First National Bank, Webster, S.Dak
Sioux Falls National Bank, Sioux Falls, S.Dak
First National Bank, Brookings, S.Dak
Commercial National Bank, Miles City, Mont
First National Bank, Coalgate, Okla
First National Bank, Huron, S.Dak
First National Bank of Fergus County, Lewistown.
Mont
Drovers National Bank, East St. Louis, 111
City National Bank of Huron, Huron, S.Dak.i
National Bank of Commerce, Rochester, N.Y
First National Bank, Ozark, Ala
First National Bank, Alma, Wis
Stockmans National Bank, Columbus, Mont
First National Bank, Townsend, Mont
National Bank of Commerce, Pierre, S.Dak
First National Bank, Matoaka, W.Va
Commercial National Bank, Greenville, Tex
Georgia National Bank, Athens, Ga
First National Bank, Hedrick, Iowa 1
Burgettstown National Bank, Burgettstown, Pa
First National Bank, Selma, N.C
First National Bank, Florence, S.C




Charter
no.

6213
6347
11696
8716
12176
8048
5951
10604
6502
2823
3087
5015
5647
2819
7274
10399
8781
8111
7629
8338
11220
9982
4279
11264
7510
6525
5540
2408
10739
9747

Lawful
money
deposited

12,1906
29 1914
11.1921
23.1922
4.1923
31.1923
14,1923
30,1923
26.1923
2.1924
24.1924
9,1924
15,1924
27,1924
14,1924

$100,000
50,000
11, 700

$100,000
50,000
11,700

33,900
91,500
24,300
44,900
25,000
24,700
74, 250
98,500
98, 500
27,300
29,000

33,900
91,500
24,300
44,900
25,000
24,700
74, 250
98, 500
98, 500
27, 300
29,000

100,000
300,000 Apr. 12,1924
485,000
200,000 M a y 22,1924
57,000
200,000
50,000 June 10,1924
44, 750
50,000
500,000 1, 222, 500 1, 500, 000 June 21,1924
35,000 Oct. 23.1924
85, 737
25,000
25,000 Nov. 7.1924
52, 500
25,000
60,000 Jan. 7.1925
50,000
60,000 Jan. 8,1925
26,000
50,000
139, 048
75,000
100,000 Feb. 11.1925
25,000
16, 250
60,000 M a r . 3,1925
158, 000
100,000
160,000 Apr. 6,1925
716, 000
100, 000
400,000 Apr. 17,1925
51, 750
25,000
25,000 Apr. 24,1925
444, 500
50, 000
100, 000 M a y 14,1925
11,400
30, 000 M a y 16,1925
30, 000
167, 000
150, 000 M a y 22,1925
100, 000

124.500

124, 500

39,000
459,897
32,400
24,995

39,000
459,897
32,400
24,995

12, 500
79, 500
50,000
149,995
200,000
19, 800
98, 400
8,800
124,000

12. 500
79, 500
50,000
149,995
200, 000
19,800
98,400
8,800
124,000

Capital

Jan. 30,1865
Apr. 7,1902
July 15,1902

$150,000
35,000
50,000
150, 000
35,000
200,000
25,000
25,000
50, 000
25,000
50,000
50,000
80,000
25,000
50,000

May
Apr.
June
Feb.
Feb.
May
July
Jan.
Feb.
Nov.
Nov.

Oct.
Aug.
Jan.
May
Mar.

5,1920
3,1907
17,1922
11,1905
19.1901
24,1914
19.1902
14.1882
15.1883
15,1895
8,1900
19,1882

9,1904
30.1913
3,1907
1,1906
13.1905
16.1906
12,1918
31,1911
13,1890
7,1918
24,1904
14,1902
11,1900
25,1879
7,1915
23,1910

Failures

Circulation outstanding
at date
of failure

Date

May
Apr.
Dec.
Aug.
Aug.
Nov.
Nov.
Nov.
Aug.
Dec.
May

Total
dividends
paid during existence as a
national
banking
association

$597, 750
31, 500
49,000
7,700
32,000
177, 550
5,000
32,500
240, 500
270, 500
277, 000
175, 850
166, 350

Capital

$200, 000
50,000
100,000
150, 000
35,000
200,000
25,000
100, 000
50, 000
25,000
150,000
100,000
250,000
100,000
65,000

Receiver
appointed

Dec.
Aug.
June
Sept.
Jan.
Jan.
June
July
Dec.
Jan.
Jan.
Feb.
Feb.
Feb.
Mar.

Total deposits at date
of failure

Borrowed
money
(bills
payable,
rediscounts,
etc.) at
date of
failure

$1,131,990
365,125
906, 616
512,069
232,905
2, 026, 264
144, 848
814, 363
334, 505
241, 585
2, 215, 436
682,058
1, 636, 238
536, 517
1, 307,918

$1,126,045
21,058
729, 230
94,108
110,000
484, 361
170, 613
147,800
43,912
47, 595
583,120
370, 382
508, 962
347, 320
667, 305

3, 506,398
569,079
1, 307,918

805,805
107,368
667, 305
2,061,108
157, 733
43, 431
9,200
16,076

175,140
232, 323
141, 556
82,590
1, 073, 294
604,024
•727,840
1,418, 519
1,-724,366
199,987
1,175,814

80,403
28,766
998,869
26,000
70,000
72,847
318,438

CO

First National Bank, St. Cloud, Minn
Globe National Bank, Denver, Colo
First National Bank, Warren, Minn
-„
.
,
First National Bank, Halloek, Minn
Manilla National Bank, Manilla, Iowa
Muskogee Security National Bank, Muskogee, Okla__
Gregory National Bank, Gregory, S.Dak
.
Warren National Bank, Warren, Minn
Security National Bank, Mason City, Iowa
Broadway National Bank, Denver, Colo
First National Bank, Watikon, Iowa
~
Farmers National Bank, La Moure, N.Dak__..._
First National Bank, Frankfort, S.Dak
First National Bank, Shenandoah, Iowa
First National Bank, Jonesboro, Ark
De Smet National Bank, De Smet, S.Dak
First National Bank, Pepin, Wis.
First National Bank, Woonsocket, S.Dak
First National Bank, Waubay, S.Dak
Oakes National Bank, Oakes, N.Dak—
National Farmers Bank, Owatonna, Minn
First National Bank, Veblen, S.Dak
Farmers National Bank in Lidgerwood, N.Dak
Farmers & Merchants National Bank, Merced, Calif-_.
National Bank of Franklin, Franklin, Tenn
__.
Farmers & Merchants National Bank, Lake City, S.C
First National Bank, Milbank, S.Dak
Citizens National Bank, Spencer, Iowa
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, Malvern, Iowa
First National Bank, Haley ville, Ala
First National Bank, Plattsmouth, Nebr
Citizens National Bank, Ortonville, Minn
First National Bank, Boyceville, Wis
First National Bank, Beardsley, Minn
Farmers National Bank, Red Lake Falls, Minn
First National Bank, Edgeley, N.Dak
First National Bank, Britt, Iowa
First National Bank, Clinton, Minn
Citizens National Bank, Albert Lea, Minn
First National Bank, Allegan, Mich
Farmers & Merchants National Bank, Mount Morris,
Pa.
First National Bank, Rush City, Minn
First National Bank, Dunbar, Pa
First National Bank, Lepanto, Ark
Provident National Bank, Waco, Tex.1..
Footnotes at end of table, p. 22&.




2790
11623
5866
6934
6041
12277
9377
11286
10428
12250
4921
9714
10683
2363
8086
5355
10725
5946
6124
6988
4928
9858
12743
10352
1834
10681
6473
6941
3112
11122
6312
6462
7126
2247
11613
1914
6747
11128
7438
9837
7914
5020
7161
6128
1829
6954
7576
11322
4309

Feb.
May
Aug.
Nov.
Nov.
Mar.
Dec.
July
Aug.
Apr.
Mar.
Dec.
May
Dec.
May
Apr.
Aug.
Jan.
Mar.
May
Aug.
May
Jan.
May
Dec.
Oct.
Aug.
Dec.
Dec.
June
Aug.
Jan.
Feb.
Feb.
Dec.
Apr.
Dec.
July
July
Aug.
Aug.
Feb.
Jan.
May
Sept.

25.1882
5,1920
18,1901
5.1903
12.1901
8,1922
23.1909
28,1918
16,1913
10,1922
22,1893
1,1910
26,1914
5,1877
20,1905
1,1900
7,1915
6.1901
31.1902
21.1903
29,1893
16.1910
11,1925
4,1913
25,1871
26,1914
16.1902
11.1903
26.1883
17,1917
9.1902
29.1902
21.1904
9,1875
9,1920
12,1871
18.1903
8,1917
7.1904
19,1910
29.1905
13,1895
13.1904
22.1902
11,1871
22.1903

50,000
200, 000
25,000
25,000
25, 000
100, 000
50,000
30,000
100, 000
200,000
50,000
50, 000
25,000
50,000
100,000
25,000
25,000
25,000
25,000
25,000
80,000
25,000
25,000
100,000
60,000
100,000
25,000
50,000
50,000
25,000
25,000
50,000
50,000
50,000
25,000
50, 000
25,000
25,000
25, 000
25,000
25,000
50,000
25,000
50, 000
50,000
25,000

401,000
66,000
81, 250
84,450
41,875
12,000
77,477
6,400
614, 500
28,000
226, 500
51,000
16,250
417,000
206,000
154,875
15,500
98,050
42,500
2G.000
199, 200
46,975

Aug.
Jan.
Mar.
Mar.

1,1903
20,1905
19,1919
31,1890

25,000
50,000
35,000
300,000

64,500
61, 000
3,500
1,320,000

26,000
592,150
82,000
118,797
175,750
206,817
14,600
35,000
83,050
111,500
272,000
6,000
276,000
54,500
4,750
37,000
16,500
170,060
172, 250
70, 250
110,000
272,050
29,000

250, 000 |
200,000
50, 000
60, 000
25,000
200, 000
50, 000
50,000
100,000
200, 000
100,000
50,000
25,000
50,000
100,000
50,000
25,000
50,000
25,000
25,000
75, 000
40,000
25,000
100, 000
100,000
100,000
50,000
100,000
50,000
50,000
25,000
50,000
50,000
50,000
25,000
50,000
25,000
25, 000
25,000
25,000
85, 000
50,000
25,000
50,000
50,000
25,000

June 24,1925
Oct.
~ -"
1,1925
Oct. 10,1925
Oct. 16,1925
Oct. 20,1925
Nov. 7,1925
Nov 25,1925
5,1925
Dec.
Dec. 29,1925
Jan. 16,1926
Jan. 18,1926
Feb. 25,1926
Apr. 12,1926
May 13,1926
June 4,1926
July 6,1926
July 23,1926
do.
Aug. 20,1926
Sept. 4,1926
Sept. 10,1926
Sept. 18,1926
Sept. 21,1926
Sept. 23,1926
Oct. 18,1926
.do.
N o v . 15,1926
N o v . 19,1926
N o v . 29,1926
N o v . 30,1926
Dec. 1,1926
Dec. 3,1926
.do.
Dec. 10,1926
Dec. 17,1926
Dec. 21,1926
Jan. 4,1927
Jan. 18,1927
Jan. 21,1927
Jan. 24,1927
Jan. 31,1927
Feb. 1,1927
Feb. 10,1927
Feb. 18,1927

50,000
50,000
35, 000
300,000

do
M a r . 7,1927
M a r . 25,1927
M a r . 26,1927

Feb. 21,1927

24, 600
24, 600
18, 450

24,600
24,600
18,450

48, 500
25, 000
97, 900

48, 500
25,000
97, 900

93, 200
48, 700

93, 200
48, 700

20,000
40,000
23,800

20,000
40,000
23,800

15,000
6,250
24,500
74, 550
9,700

15,000
6,250
24,500
74, 550
9,700

96,600
97,600
38,500
49, 295
49, 500
48, 300
24, 700
49,200
48, 695
12, 500

96,600
97,600
38, 500
49, 295
49, 500
48,300
24,700
49, 200
48, 695
12, 500

48, 600
15, 400
24, 700
24, 997
24, 700
48,600
44,300
20,000
49, 398
46,900
24,500

48, 600
15,400
24, 700
24, 997
24,700
48,600
44,300
20,000
49, 397
46, 900
24, 500

48,400
48,100

48,400
48,100

50, 666

50,000

1,889,085
4, 318, 064
418, 618
358,730
136, 221
2,122,001
290,520
341, 515
944, 632
2, 318, 247
739, 072
192, 334
236, 288
635,983
419, 317
351,858
251, 640
195,852
171, 508
216, 250
1, 446, 671
141,176
280, 454
1,128,135
472,775
719, 644
332,973
466,656
599,132
107, 658
128,672
976, 522
453,681
231, 793
100, 507
287, 703
265,030
172, 278
252, 056
123, 428
273.196
708, 295
162,825
887,404
581, 948
310,068

402,890
376,954
113,171
80,860
20,265
263, 720
115, 266
100,130
244,304

359,940
366, 597
108, 211

28,180

104, 306
10,150
34,683
367,006
201,365
112,455
74, 596
18,371
27, 659
81,099
42,205
47,863
229,029
148,469
64, 518
154,012
103,830
92, 225
14,208
86,641
71,769
45,415
34,875
37, 250
61,808
5,300
40,878
106, 799
47,087
37, 205
117,049
26,150

20,034
301, 754

TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 81, 1933, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con.
Organization

Name and location of bank

Charter
no.

First National Bank, Sheldon, Iowa
3848
First National Bank, Columbia City, Ind
7132
First National Bank, Lake Worth, Fla
11716
First National Bank, Bend, Oreg
9363
City National Bank in Kearney, Nebr
13013
Farmers & Merchants National Bank, Alcester, S.Dak 10818
First National Bank, Grafton, N.Dak
2840
10978
First National Bank, Chowchilla, Calif
3898
First National Bank, Spencer, Iowa
10207
Peoples National Bank, Waukon, Iowa
4638
First National Bank, East Grand Forks, Minn
6800
Fayette City National Bank, Fayette City, Pa
6937
First National Bank, Webster, Pa
10999
First National Bank, Bishop, Calif
4267
Citizens National Bank, Waynesburg, Pa
7304
First National Bank, Inwood, Iowa
8274
National State Bank, Stockton, Kans
6582
First National Bank, New Cumberland, W.Va
5128
First National Bank, Checotah, Okla
5893
First National Bank, Hope, N.Dak
11155
First National Bank, Manning, S.C
12863
New Georgia National Bank, Albany, Ga
5500
First National Bank, Minnewaukan, N.Dak
2998
First National Bank, Greenville, Tex.i
12270
First National Bank, Mullens, W.Va
4403
Astoria National Bank, Astoria, Oreg
12770
New First National Bank in Springfield, Mo
5551
First National Bank, Carrington, N.Dak
6381
First National Bank, Toronto, S.Dak
9335
Commercial National Bank, Statesville, N.C
6260
First National Bank, Bristow, Okla
411
First National Bank, Marshalltown, Iowa
9488
First National Bank, Arcadia, Ind-_
'._




Date

Capital

Feb.
Feb. 2,1904
Apr. 19,1920
Jan. 23,1909
Dec. 3,1926
Dec. 30,1915
Nov. 14,1882
Mar. 29,1917
May 26,1888
May 1,1912
Sept. 7,1891
May 16,1903
June 20,1903
Nov. 21,1916
Jan. 15,1890
May 23,1904
May 22,1906
Dec. 9,1902
May 23,1898
June 17,1901
Feb. 23,1918
Dec. 22,1925
July 9,1900
June 30,1883
Nov. 3,1922
Aug. 9,1890
June 6,1925
July 6,1900
July 8,1902
Dec. 26,1908
Apr. 29,1902
Apr. 25,1864
July 8,1909

$50,000
50,000
30,000
25,000
150,000
25,000
50,000
25,000
60,000
50,000
50,000
75,000
25,000
25,000
50,000
25,000
50,000
40,000
50,000
25,000
25,000
300,000
25,000
50,000
25,000
50,000
125, 000
25,000
25,000
100,000
25,000
50,000
25,000

Total
dividends
paid during existence as a
national
banking
association

$293,500
171,000
36,500
75,260
43, 750
296,500
2, 750
295, 700

138,000
161, 250
43,125
126,000
1,565,000
121,000
102, 750
73,350
234, 600
171, 269
20,500
90,000
84,250
512,750
297,354
3,750
128,861
71,290
145, 500
202, 500
839,000
15,000

Failures

Capital

$150,000
100,000
100,000
100,000
150,000
50,000
50,000
25,000
150,000
125,000
50,000
75,000
25,000
50,000
500,000
50,000
50,000
50,000
50,000
50,000
50,000
200,000
25,000
150,000
25,000
200,000
125, 000
50,000
25, 000
100,000
50,000
200,000
25,000

Receiver
appointed

Mar. 29,1927
Mar. 31,1927
Apr. 2,1927
Apr. 29,1927
M a y 14,1927
M a y 17,1927
M a y 25,1927
M a y 28,1927
June 25,1927
July 19,1927
July 28,1927
do
Aug. 8,1927
Aug. 15,1927
Aug. 17,1927
Sept. 6,1927
Nov. 14,1927
Nov. 21,1927
Dec. 1,1927
Dec. 12,1927
Dec. 14,1927
Jan. 4,1928
Jan.
6,1928
Jan. 11,1928
Jan. 16,1928
Feb. 24,1928
Mar. 17,1928
Mar. 26,1928
Apr. 3,1928
Apr. 19,1928
Apr. 25,1928
June 11,1928
July
3,1928

Lawful
money
deposited

Borrowed
money
(bills
Circulation out- Total depos- payable,
redisits
at
date
standing
counts,
of failure
at date
etc.) at
of failure
date of
failure

$99,000
94,200
32,300
12,500
90,800

$99,000
94,200
32,300
12,500
90,800

49,600

49,600

24,300
123,200
37, 498
69,400
24,100

24,300
123,200
37,498
69,400
24,100

25,000
48,900
50,000
49, 300
50,000
25,000
197,997
24, 745
138, 545

275,000
25,000
48,900
50,000
49,300
50,000
25,000
197,997
24,745
138, 545

24,700
24,300
98,200
25,000
49,750
25,000

24,700
24,300
98,200
25,000
49,750
25,000

$777,551
1,010,834
1, 358, 878
1,264,073
1, 868, 476
396,354
866, 808
219, 524
855, 375
529, 744
481, 798
1, 781, 014
283,727
763,199
4,080,072
182, 242
260, 504
550, 814
233,446
256, 286
190,793
721,845
172,443
185,768
2, 242,061
494,, 778
325,911
205, 349
910,884
548,130
1,619,996
173,740

$235,419
93,312
191, 240
73,854
312. 680
24,684
25,885
30,000
57, 521
14,400
119,150
24,000
55,432
132,849
58,558
30,499
60,409
526,738
150,000
48,673
240,564
152,484
39,276
18,950
199,887
98,484

o
o

First National Bank, Calexico, Calif
First National Bank, Denton, Tex
2812
9504
First National Bank, Plainview, Nebr
Lake County National Bank, Madison, S.Dak
10636
Citizens National Bank, Woonsocket, R.I
970
First National Bank, Dublin, Ga
6374
First National Bank, Aledo, 111
7145
9999
Carolina National Bank, Darlington, S.C
6504
First National Bank, Farmland, Ind.i
Lamar National Bank, Lamar, S.C
11080
Hartington National Bank, Hartington, Nebr
5400
First National Bank, Cheraw, S.C
9342
Farmers National Bank, Wakefield, Nebr
Fourth National Bank, Macon, Ga
First National Bank, Richland Center, Wis
7901
First National Bank, Warren, Ind
7930
Cass County National Bank, Casselton, N.Dak
7142
3019
Peoples National Bank, Middletown, Del
First & Moorhead National Bank, Moorhead, Minn.. 2569
2949
Exchange National Bank, Denton, Tex
6346
First National Bank, Frisco, Tex
First National Bank, Kingsbury, Tex
10266
First National Bank, Coleridge, Nebr
9796
Exchange National Bank, Spokane, Wash
4044
First Exchange National Bank, Coeur d'Alene, Idaho. _ 7120
Minneapolis National Bank, Minneapolis, Kans
3731
First National Bank, Manchester, Iowa
4221
Citizens National Bank, Hope, Ind
5726
First National Bank, Avon Park, Fla
10826
First National Bank, Punta Gorda, Fla
10512
First National Bank, Bixby, Okla
10467
Carlton National Bank, Wauchula, Fla
10691
First National Bank, Roekford, Iowa
3053
First National Bank, Erskine, Minn
11173
National Bank of Larimore, Larimore, N.Dak
6286
First National Bank, West Alexandria, Ohio
11733
First National Bank, Sandersville, Ga
7934
National Bank of Emmetsburg, Emmetsburg, Iowa___ 13059
First National Bank, Sanborn, N.Dak
8448
Peoples National Bank, Adena, Ohio
6016
Reed City National Bank, Reed City, Mich
12474
First National Bank, Ruthven, Iowa
5541
First National Bank, Sebring, Fla..
12090
9811
First National Bank, Lakeland, Fla
First National Bank, Auburndale, Fla...
12983
9453
First National Bank, Shinnston, W.Va
First National Bank, Aneta, N.Dak
11311
First National Bank in Langdon, N.Dak
13053
First National Bank, May ville, N.Dak
3673
Polk County National Bank in Bartow, Fla
13309
East Alabama National Bank, Eufaula, Ala
_ 3622
Footnotes at end of table, p. 229.




Jan.
Oct.
July
Oct.
Jan.
May
Jan.
Apr.
Oct.
Sept.
May
Feb.
Mar.
Aug.
Aug.
May
Jan.
June
Aug.
May
July
Aug.
May
May
Jan.
June
Jan.
Feb.
Feb.
Apr.
Dec.
Jan.
July
Apr.
May
May
Aug.
Apr.
Oct.
Aug.
Dec.
July
Dec.
June
Aug.
June
Feb.
Mar.
Apr.
Apr.
Dec.

27.1910
30.1882
27.1909
2,1914
19,1865
3,1902
24.1904
14.1911
1,1902
5,1917
21,1900
4,1909
24.1911
2,1906
7,1905
10.1905
11,1904

2, 1883
13,1881
7,1883
2,1902
15.1912
18.1910
4,1889
14.1904
14,1887
17,1890
7,1901
10,1916
6.1914
1,1913
7.1915
18.1883
22.1918
26,1902
10.1920
15.1905
5,1927
12.1906
8,1901
8,1923
7,1900
27.1921
9,1910
17,1926
14,1909
18.1919
9,1927
4,1887
1,1929
23,1886

25,000
112, 250
50,000
259, 056
40,000
50,000
75,000
114, 000
100,000
380, 500
50,000
461, 000
25,000
76,300
50,000
98,500
25,000
32,100
25,000
4,000
40,000
73, 200
25,000
54,500
40,000
75, 000
250, 000
701,000
30,000
87,300
25,000
24, 000
25,000
85, 250
80,000
208, 400
50,000
172, 500
50, 000
259, 056
25,000
31, 250
25, 000
26, 500
40,000
64,600
100,000 2,720,000
100, 000
71,000
60,000
231, 600
50, 000
146, 000
25, 000
123,000
25,000
104,000
25,000
49, 375
25, 000
22, 500
50, 000
39, 000
50, 000
172, 500
25, 000
10,000
25, 000
48, 500
40,000
18,000
42, 000
154,880
60,000
65,000
25, 000
25,000
86,687
25,000
6,000
25, 000
62,125
50, 000
33,500
50, 000
206,000
50, 000
3,000
45,000
123,750
25,000
50, 000
228, 000
50, 000
200,000
286,380
59,000

300,000
50,000
40,000
75,000
100, 000
200, 000
50,000
100, 000
40,000
25, 000
40, 000
50,000
50,000
500,000
50,000
25, 000
25, 000
80,000
150, 000
100,000
25,000
25,000
40, 000
,000,000
100,000
60, 000
50,000
30,000
100,000
50,000
25, 000
50, 000
50,000
25,000
25, 000
40,000
50, 000
60, 000
25, 000
50, 000
25,000
25, 000
100, 000
100,000
50, 000
90, 000
25, 000
50, 000
50, 000
200,000
100,000

July
Aug.
Aug.
Aug.
Sept.
Sept.
Sept.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.

24,1928
15,1928
22,1928
29,1928
18,1928
24,1928
27,1928
2,1928
3,1928
9,1928
13,1928
14,1928
21,1928
26,1928

do
Dec. 7,1928
Dec. 10,1928
Dec. 14,1928
Dec. 24,1928
Dec. 26,1928
Dec. 31,1928
Jan. 10,1929
Jan. 12,1929
Jan. 18,1929
Jan. 19,1929
Feb. 9,1929
Feb. 13,1929
Feb. 15,1929
Feb. 18,1929
do
Feb. 20,1929
Feb. 21,1929
Feb. 23,1929
Mar. 2,1929
Mar. 5,1929
Mar. 13,1929
Mar. 14,1929
Mar, 15,1929
Apr. 10,1929
Apr. 13,1929
M a y 2,1929
do
M a y 4,1929
M a y 15,1929
do.
M a y 22,1929
June 3,1929
June 14,1929
June 25,1929
June 28,1929
July 1,1929

37,500
39,700
65,000
99, 980
100, 000
40, 000
85,500

37,500
39,700
65,000
99, 980
100, 000
40, 000
85, 500

25, 000
25, 000
50,000
50, 000

25, 000
25,000
50,000
50,000

49, 300
24, 995
25, 000
50,500
109,995
24, 098
24, 550
6,250
39, 350
880, 800
100,000
60,000
39, 448
29, 450
16, 250
22,000
6,050

49, 300
24,995
25,000
50,500
109,995
24, 098
24, 550
6,250
39, 350
980,800
100, 000
60,000
39, 448
29, 450
16, 250
22,000
6,050

12, 500
25,000
21,500

12, 500
25,000
21, 500

25, 000

25, 000

25,000
25, 000

25,000
25,000

7,000

7,000

44, 400

44, 400

70, 450

70, 450

10, 741
280, 677
267, 232
465, 247
1, 077, 615
893, 686
457, 596
600,598

1, 226, 485
33, 325
73, 050

188,026
638,851
101,990
118, 728
93,800
13,061
139,968
56, 970
384,810
34,363
253,116
461, 419
44, 545
7, 690, 486 1, 673, 000
25, 780
804, 491
6,198
185,804
269, 217
54,884
425, 318
174,130
170,002
1, 896, 450
437,125
6,562
60, 490
38, 205
13,942
150,689
78,140
7, 500, 236 1, 239, 500
1, 018, 391
525,118
68, 000
558, 579
60, 000
313, 914
24,000
345,432
115,800
455, 591
181, 685
411, 262
61,818
154,787
38, 492
135,516
33,968
163, 618
359,956
17, 000
231, 649
199,616
701,118
60, 358
18,422
498,265
105, 673
212,659
23,047
194,631
25, 508
390,452
61, 651
159,150
1,907,478
52, 675
289,053
73,656
840,213
34, 988
185,954
75,263
164,094
20,000
163,380
494, 531
1,046,039
298,507
414,340

TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 31, 1988, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con.
Organization

Name and location of bank

National Bank of Newberry, Newberry, S.C
South Pasadena National Bank, South Pasadena, Calif
First National Bank, McHenry, N.Dak
First National Bank, De Land, 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, Montezuina, Iowa
First National Bank, Eldorado Springs, Mo
First National Bank, Delta, Colo
Farmers National Bank, Red Oak, Iowa.
First National Bank, Taylorville, 111
First National Bank, New Bern, N.C
First National Ban*:, Clarksville, Ark
National Bank of Lumpkin, Lumpkin, Ga
First National Bank, Tower City, N.Dak
Griswold National Bank, Griswold, Iowa
First National Bank, Grundy, Va
Carolina National Bank, Spartanburg, S.C
First National Bank, Greeley, Nebr
First National Bank in Mount Sterling, 111
First National Bank, Samson, Ala
First National Bank, Seward, Pa
First National Bank, Florala, Ala
First National Bank, Bishopville, S.C-,
First National Bank, Burlington Junction, Mo
Dothan National Bank, Dothan, Ala
First National Bank, Humphrey, Nebr
Texas National Bank, Fort Worth, Tex
First National Bank, Northwood, N. Dak
First National Bank of Royse, Royse City, Tex
First National Bank, Ennis, Tex




Charter
no.

Date

1844
12852
8124
9657
3798
3462
5007
8482
10959
2961
10055
5467
6056
3579
13298
9633
12254
6557
8915
11698
12146
7622
13213
8028
11899
8910
10263
6242
5909
5337
12371
5980
6551
12110

May 6,1871
Nov. 17,1925
Feb. 1,1906
Jan.
5,1910
Apr. 19,1887
Feb. 16,1886
June 6,1895
Nov. 10,1906
Feb. 21,1917
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. 19,1920
Jan. 16,1922
Feb. 3,1905
May 12,1928
Dec. 22,1906
Dec. 21,1920
Sept. 4,1907
Aug. 28,1912
Apr. 18,1902
July 6,1901
Apr. 16,1900
May 3,1923
Aug. 28,1901
Nov. 17,1902
Jan. 16,1922

Total
dividends
paid during existence as a
national
Capital banking
association
$50,000
100,000
25,000
50,000
50,000
50,000
50,000
35,000
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
50,000
25,000
50,000
25,000
300,000
25,000
30, 000
200,000

$705, 500
29,000
85,500
241, 225
807,900
127, 500
18, 900
19, 500
191, 000
66,500
156,000
67, 200
657, 290
9,094
8,750
86,500
71,000
54,000
83, 250
127,000
3,500
64, 825
34, 000
137,000
798, 683
67, 270
237,369
90, 750
151, 500
20,000

Failures

Capital

$100, 000
100,000
25,000
100,000
150,000
130,000
50,000
35,000
50,000
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
100,000
25,000
400,000
35,000
500, 000
50, 000
50, 000
100, 000

Receiver
appointed

July 1,1929
July 2,1929
July 3,1929
July 12,1929
July 15,1929
July 25,1929
July 30,1929
Aug. 14,1929
Aug. 16,1929
Sept. 16,1929
Sept. 23,1929
Sept. 25,1929
Oct. 14,1929
Oct. 18,1929
Oct. 26,1929
N o v . 18,1929
Dec. 7,1929
Dec. 10,1929
Dec. 13,1929
do
Dec. 30,1929
do_. .__.
Jan. 7,1930
Jan.
8,1930
Jan. 10,1930
Jan. 13,1930
Jan. 18,1930
Jan. 22,1930
Jan. 30,1930
.—do
Feb. 4,1930
Feb. 5,1930
Feb. 11,1930
d

Borrowed
money
(bills
CirculaLawful tion out- Total depos- payable,
its
at
date
redismoney standing
of failure
counts,
deposited at date
etc.) at
of failure
date of
failure
$98,600

$98,j600

100,000

100,000

130,000
49,000
23,400
16,850
48,850
49,050
49,600
58,900
98, 550
23,900
25,000

130,000
49,000
23,400
16,850
48,850
49,050
49,600
58,900
98, 550
23,900
25,000

25,000
30,000
50,000

25,000
30,000
50,000

7,000

7,000

12, 500
8,320
86,075
44,900
6,250

12,500
8,320
86, 075
44,900
6,250

484,940
24, 460
12, 500
100, 000

484, 940
24,460
12, 500
100,000

$1,108, 313
$84,118
704,440
46, 763
28,063
1, 255, 287
232, 710
1, 713, 486
192,183
1,649,312
623,197
1,167, 522
74,110
25,889
127,145
186,174
196, 597
496, 376
315,831
40,183
91, 625
457, 555
401, 608
7, 829
285, [-20
1,023,437
1,472,945
328,103
353,179
72,456
20, 854
70,170
16, 678
60,923
38,500
343, 374
61,920
159, 202
927, 503
145,000
251,187
57, 475
487,752
366,113
84,378
53,083
15,000
157,319
88,862
311,827
465,914
284, 431
970, 705
303, 570
264, 580
67,965
6, 362, 097 1,171,161
247,828
45,933
153,397
504, 083

to
o
to

First National Bank, Roy, Mont.
10991 Apr. 11.1917
First National Bank, Brantley, Ala
7991 Nov. 6.1905
First National Bank, Gaffney, S.C
5064 Mar.. 11,1897
First National Bank, Ambrose, N.Dak
9386 Nov.. 6,1908
American National Bank, Kewanna, Ind
10616 Apr. 21.1914
First National Bank, Tranquillity, Calif-__
11433 July 15,1919
First National Bank, Milford, 111.
5149 Oct. 8,1898
First National Bank, Tallassee, Ala
10766 July 14.1915
First National Bank, Edmore, N.Dak
6601 Jan. 15.1903
Commercial National Bank, Chatsworth, 111
__ 5519 July 14,1900
Citizens National Bank, Streeter, N.Dak
11166 Mar.. 28,1918
First National Bank, Rising Star, Tex
7906 Aug.. 24,1905
First National Bank, Coffee Springs, Ala
11259 Oct. 28.1918
Commercial National Bank, Independence, Kans
4499 Jan. 1,1891
Security National Bank, Cherokee, Iowa
10711 Feb. 10.1915
First National Bank, Hazard, Ky.i
_ 8258 Mayr 28,1906
Peoples-First National Bank, White Hall, 111
7121 Jan. 4,1904
First National Bank, Wanette, Okla
6641 Feb. 6,1903
Central National Bank, Bartlesville, Okla.._
11837 Sept.. 2,1920
First National Bank, Norris City, 111
7971 Sept.. 18,1905
Pana National Bank, Pana, 111.
6734 Apr. 14,1903
Farmers National Bank, Oskaloosa, Iowa1
8076 Jan. 24,1906
National Bank of Tifton, Tifton, Ga
8350 Aug., 10,1906
State National Bank, Idabel, Okla
12106 Jan. 17,1922
Saunders Co. National Bank, Wahoo, Nebr
3118 Jan. 3,1884
First National Bank, Pineville, W.Va.
7672 Mar.. 6,1905
First National Bank, Jasper, Fla
7757 Jan. 17,1905
National Loan & Exchange Bank, Greenwood, S.C
7027 Sept.. 16,1903
First National Bank, St. Petersburg, Fla
7730 Apr.. 26,1906
Farmers National Bank, Strawn, 111
7151 Jan. 12.1904
First National Bank, Sheboygan, Mich
3235 June 19,1884
13261 Nov.. 12,1928
First National Bank in Poultney, Vt
New-First National Bank in Farmland, Ind
12866 Nov.. 25,1025
8298 June 9.1906
First National Bank, Litchville, N.Dak
First National Bank, Williams, Iowa
5585 Sept.. 13,1900
Union National Bank, Connellsville, Pa~
6408 Aug.. 9,1902
First National Bank in Fresno, Calif
11473 Sept.. 29,1919
First National Bank, Grass Range, Mont
10939 Dec. 18.1916
National Bank of Arkansas at Pinebluff, Ark
10768 Aug.. 12,1915
Citizens National Bank, Connellsville, Pa
6452 Sept . 12,1902
First National Bank, Fountain. Colo
6772 Apr., 20,1903
First National Bank, Vanderbilt, Pa
8190 Feb. 21,1906
Citizens National Bank, Galion, Ohio
1984 Mar.. 20,1872
6649 Apr. 4,1902
First National Bank, McLeansboro, 111 1
First National Bank, Farmersville, Tex.
3624 Jan. 18,1887
12946 May 6,1926
Port Newark National Bank, Newark, N.J
First National Bank, Ayrshire, Iowa
5479 June 11,1900
10323 Jan. 11,1913
First National Bank, Lometa, Tex
Farmers National Bank, Glenwood City, Wis
11083 Sept. 1,1917
9898 Oct. 10,1910
Clytner National Bank, Clymer, Pa
First National Bank, Burt, Iowa
—
5685 Jan. 6,1901
Footnotes at end of table, p. 229.




25,000
25, 000
50, 000
25, 000
25, 000
50,000
50, 000
25, 000
25, 000
25, 000
25, 000
25, 000
25, 000
100,000
50, 000
25, 000
50,000
25, 000
100, 000
25, 000
50,000
100,000
50,000
50,000
55,000
25,000
30,000
50, 000
25,000
25, 000
50,000
100,000
25,000
25,000
26,000
50, 000
200, 000
30, 000
100, 000
25, 000
25, 000
25, 000
60, 000
25, 000
50, 000
200, 000
25, 000
25,000
25,000
25, 000
25,000

14, 590
61, 000
380,000
51, 750
8,600
9,000
219,075
23, 250
101, 750
100,100
8,750
52, 750
17, 000
659, 750
27, 000
85, 000
75, 250
58, 000
34, 225
133, 500
114, 000
88,500
2,500
181, 950
25, 500
49, 085
152, 000
927, 750
47,500
235, 760
8,000
6,000
65, 500
59, 000
26, 500
18, 000
6,000
185, 000
170,000
34, 875
27,000
383, 400
113, 000
356, 464
70, 750
24,500
5,000
41,000
51,750

25,000
50,000
150,000
25,000
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
25, 000
100, 000
25, 000
100,000
100, 000
100,000
50, 000
50,000
25,000
30,000
100,000
600, 000
25,000
50, 000
100,000
25, 000
25,000
25, 000
50,000
400, 000
30, 000
100, 000
100,000
25, 000
25, 000
100,000
50, 000
50,000
200,000
25,000
25, 000
25,000
75,000
40,000

____do
Feb. 17,1930
do.
Feb. 20,1930
Feb. 25,1930
Feb. 27,1930
Mar. 4,1930
Mar. 6,1930
Mar. 8,1930
Mar. 10,1930
Mar. 12,1930
Mar. 13,1930
Mar. 14,1930
Mar. 17,1930
Mar. 18,1930
Mar. 20,1930
Mar. 24,1930
Mar. 29,1930
Mar. 31,1930
Apr. 1,1930
Apr. 9,1930
Apr. 12,1930
Apr. 19,1930
Apr. 22,1930
May 1,1930
May 13,1930
May 16,1930
June 9,1930
June 11,1930
June 12,1930
June 20,1930
June 25,1930
June 30,1930
July 1,1930
July 3,1930
July 7,1930
July 9,1930
July 21,1930
July 31,1930
Aug. 1,1930
Aug. 4,1930
do
do
A u g . 6,1930
A u g . 8,1930
A u g . 12,1930
A u g . 18,1930
Aug. 22,1930
do
Sept. 5,1930

12, 780
37,497
6,500
25,000
50,000
45,980
24, 400
6,070
39, 280

12, 780
37,497
6, 500
25,000
50,000
45,980
24, 400
6,070
39, 280

23, 860

23,860

100, 000
48, 920

100, 000
48, 920

47,840
6,300

47, 840
6,300

25,000
100, 000

25, 000
100, 000

49,160

9,160

24, 460
25, 000
29,040
100,000

24, 460
25, 000
29, 040
100,000

25,000
50, 000
48, 438

25,000
50, 000
48, 437

25, 000
24, 580
50, 000
200, 000
10, 000
98,920
100,000
25,000
25, 000
58,740
25, 000

25,000
24, 580
50, 000
200, 000
10, 000
98,920
100,000
25, 000
25,000
58, 740
25,000

8,000
24,100
24,700
75,000
25,000

8,000
24,100
24, 700
75,000
25,000

57,625
131,706
1, 261,844
81, 303
208,091
310,857
348,967
323,469
119,090
319, 205
166,496
167,692
27,152
5, 046, 248
145, 924
400,926
272,906
666,690
158,155
664,920
458,910
259,857
469,076
256,931
161, 344
988, 433
4, 336,700
112,492
1, 381,383
764,122
120, 624
152,358
173,782
747, 648
3, 348, 725
1, 599, 482
2, 582, 278
83, 710
140, 908
906,948
480, 275
586,763
131,813
95,361
159,497
676,769
314,987

13,513
11,858
170,000
16,842
17,114
31,841
21,792
58,010
42,105
31,181
23,190
270, 000
4,900
100,000
57, 662
28,807
191,215
5,000
111,260
100,000
89,019
67,000
247,491
24, 408
32,390
90, 353
929,725
12,000
50,000
86, 523
21,194
17,893
46,810
470,000
33,832
485,000
224,700
47,068
198, 647
112, 776
60,000
33,895
41,440
34,920
16,000

TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 31, 1983f dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at dale of failure—Con.
Organization

Name and location of bank

Charter
no.

Date

Total
dividends
paid during existence as a
Capital national
banking
association

Failures

Capital

Receiver
appointed

Borrowed
money
(bills
CirculaLawful tion out- Total depos- payable,
redisstanding
its
at
date
money
counts,
of failure
deposited at date
of failure
etc.) at
date of
failure

Fourth National Bank, Montgomery, Ala.i
5877 May 24,1901 $100,000 $877,000 $500,000 Sept. 6,1930
25,000
25,000 Sept. 17,1930 $25,000 $25,000
First National Bank, Fairview, Mo
24,500
8916 Oct. 1,1907
25,000
25,000
25,000
25,000 Sept. 19,1930
Farmers National Bank, Wilkinson, Ind
32,500
9279 Nov. 2,1908
25,000
25,000
30,000
60,000 Sept. 26,1930
First National Bank, Altus, Okla__
7159 Feb. 15,1904
214,800
25,000
Sept.
29,1930
25,000
25,000
25,000
First National Bank, Washburn, N.Dak
6327 June 19,1902
96, 250
10,000
9,040
40,000
40,000 Oct. 7,1930
City National Bank, Spur, Tex
10703 Feb. 4,1915
44,200
30,000
24,995
30,000
30,000 Oct. 8,1930
Farmers National Bank, Howe, Tex
5670 Dec. 4,1900
61,500
25,000
25,000
25,000
25,000 Oct. 11,1930
6721 Mar. 17.1903
First National Bank, Martinsville, 111
54,125
30,000
25,000 Oct. 17,1930
Billings National Bank, Billings, Okla
5,000
12045 Nov. 12,1921
50,000
50,000 Oct. 18,1930
1890
50,000
50,000
First National Bank, Villisca, Iowa
400, 500
2766 May 29,1882
25,000
50,000 Oct. 25,1930
50,000
50,000
First National Bank, Perry, Fla
7865 July 11,1905
125, 500
1
50,000
65,000
..do_.
4958 May 14,1894
194 500
Old First National Bank, Farmer City, HI.
50,000
75,000 Oct. 28,1930
155,000
First National Bank, Auburn, Wash
.. 10585 July 10,1914
50,000
50,000 Oct. 31,1930
1,500
Peoples National Bank, Brookneal, Va
11960 Aug. 7,1920
25,000
50,000 N o v . 3,1930
50,000
50,000
113, 750
5440 Apr. 19,1900
First National Bank, Elgin, Nebr
25,000
25,000 N o v . 6,1930
6,250
6,250
39,500
7209 Mar. 28.1904
First National Bank, Berwyn, Okla
500,000 N o v . 10,1930 500,000 500,000
450,890
Quincy-Ricker National Bank & Trust Co., Quincy, 111 3752 June 7,1887 100,000
25,000
25,000 N o v . 11,1930
25,000
25,000
7,500
Planters National Bank, Walnut Ridge, Ark
12083 Aug. 24,1921
Holston-Union National Bank, Knoxville, Tenn
4648 Oct. 13,1891 100,000 1, 607, 303 750,000 N o v . 12,1930 742,198 742,198
National Bank of Kentucky, Louisville, Ky
5312 Apr. 23,1900 1,645,000 9,885, 550 4,000,000 N o v . 17,1930 2, 500,000 2,500,000
24,815
24, 815
25,000 N o v . 18,1930
25,000
22, 750
9338 Dec. 12,1908
First National Bank, West Salem, 111
50,000 N o v . 19,1930
50,000
100,000
9871 Sept. 26,1910
First National Bank, Siloam Springs, Ark.*
200,000 N o v . 20,1930
50,000
City National Bank, Spokane, Wash.i
12418 July 3,1923 200,000
200,000 N o v . 21,1930 150,000 150,000
154, 500
American National Bank, Asheville, N.C
8772 May 15,1907 300,000
.do..
23,980
23,980
25,000
25,000
3,750
First National Bank, Plymouth, 111
12658 Mar. 7,1925
Oct.
7,000
25,000 N o v . 24,1930
7,000
25,000
24,1902
41,000
6474
First National Bank, Forman, N.Dak
7,200
40,000
7,200
30,000
.do
54,400
6885 Apr. 4,1903
First National Bank, Campbell, Mo
Apr.
50,000
25,000
50,000
N
o
v
.
28,1930
50,000
10,1906
93,
750
8216
First National Bank, Westfield, 111
50,000
49, 580
49, 580
100,000
do
71,000
10734 Apr. 21,1915
Citizens National Bank, Hendersonville, N.C
25,000
24,400
24,400
25,000 N o v . 29,1930
9274 Oct. 28,1908
31,250
First National Bank, Mendon, Ohio
30,000
40,000
30,000
30,000
do
9,600
11249 Aug. 17,1918
First National Bank, Roland, Iowa
1
Nov.
100,000 Dec. 2,1930
7,1870 100,000
525,000
1744
Merchants National Bank, Burlington, Iowa
97, 720
97,720
100,000
25,000
do
6136 Jan. 11,1902
210, 250
First National Bank, Benton, Hi
25,000 I
25,000
do
7268 May 6,1904
38,000
First National Bank, Deer Creek, Minn.i




$49, 235
141,893
447,432
98, 056
184,464
69, 222
298, 702
161,423
495, 272
392, 610
745,494
342,198
105,407
42,295
3, 564,347
87, 593
11,162,384
26,966,990
223,941
364,474
50,536
1,949,431
152,037
109, 663
246,458
1,075, 536
237, 560
260,008
1,119,568

$2,854,931
26,851
23,057
132,194
34, 595
114,964
16,469
8,925
46,916
65,262
46,996
80,169
37,238
6,412
586,680
14,605
1, 774,450
7,083,021
40, 563
125,400
200,000
412, 051
17, 225
17, 214
48,000
7,730
249,081
25, 334
33,832
437,215
368, 579
24,000

to
O

First National Bank, Rector, Ark
First National Bank, Junction City, Ark
First National Bank, Newport, Tenn
First National Bank, Walhalla, N.Dak
First National Bank, Goreville, 111
First National Bank, Marion, 111
Sioux National Bank in Sioux City, Iowa
First National Bank, Fulton, Ky
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
Kansas National Bank, Kansas, 111
First National Bank, Mount Sterling, 111.1
First National Bank, Sweetwater, Tenn
First National Bank, Caruthersyille, Mo
First National Bank, Capac, Mich
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, Ill__
Pecan Gap National Bank, Pecan Gap, Tex
First National Bank, Hobson, MonU
First National Bank, Ladonia, Tex
First National Bank, Sesser, 111
First National Bank, Greenwood, Miss
First National Bank, Connersville, Ind
First National Bank, Titonka, Iowa
National Bank of Goldsboro, Goldsboro, N.C
Interstate National Bank, Helena, 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.i
National Bank of Wilkes at Washington, Ga
City National Bank, Bessemer, Ala
First National Bank, Rogers, Ark
First National Bank, Brookhaven, Miss
Footnotes at end of table, p. 229.




10853 Apr.
11046 July
9632 Dec.
9133 Mar.
7606 Jan.
4502 Dec.
4510 Aug.
4563 Apr.
1547 Aug.
7602 Feb.
6499 Nov.
9665 Dec.
8125 Feb.
8180 Apr.
5901 June
10859 May
8135 Feb.
9645 Jan.
10797 Oct.
9293 Oct.
2402 Oct.
11202 Jan.
10784 Sept.
10631 Sept.
3153 Mar.
8257 Mar.
5651 Nov.
6549 Dec.
6203 Jan.
13159 Dec.
6751 Apr.
13266 Dec.
10715 Jan.
4311 Apr.
8758 Apr.
7216 Apr.
1034 Feb.
5597 Aug.
5048 Apr.
11234 July
12927 Mar.
11365 May
11501 Oct.
7900 Aug.
12873 Jan.
9821 June
7311 June
8848 July
11905 Dec.
7789 May
10494 Feb.

17,1916
6,1917
20,1909
14,1908
31,1905
27,1890
19,1890
24,1891
26,1865
4,1905
19,1902
15,1909
16,1906
3,1906
22,1901
16,1916
28,1906
10,1910
28,1915
10,1908
28,1878
21,1918
17,1915
17,1914
17,1884
19,1906
26,1900
12,1902
24,1902
23,1927
13,1903
10,1928
4,1915
26,1890
25,1907
2,1904
13,1865
20,1900
28,1896
23,1918
24,1926
24,1919
27,1919
7,1905
11,1926
16,1910
7,1904
25,1907
6,1920
19,1905
17,1914

25,000
24, 750
25,000
25,000
25,000
45, 000
25 000
40,085
25,000
50,000
378,000
100,000
631, 500
100,000
203, 500
50,000 2, 090,000
25,000
55, 500
60,000
162,400
25,000
37, 250
30,000
85,200
25,000
28, 000
25,000
59, 250
50,000
35,000
60,000
179,400
150,000
242,429
25,000
32, 000
50,000
45, 500
50,000
364, 250
60,000
10, 200
50,000
68, 250
25,000
51, 750
50,000
408, 500
40,000
99,600
25,000
100,000
30,000
139,800
25,000
80,000
500,000
99, 000
60,000
25,000
1,500
30,000
28, 500
50,000
315, 216
25,000
47, 250
250,000
862, 500
100,000
727, 250
25,000
50, 250
50,000
234,000
200,000
285,000
25,000
6,250
25,000
2,500
50,000
13,500
25,000
13,000
200,000
25,000
21,500
25,000
122, 700
50,000
131, 205
100,000
61, 476
25,000
130, 500
100,000
131,000

25, 000
25, 000
50, 000
25,000
25,000
100,000
400, 000
50,000
300, 000
25,000
150,000
25,000
40,000
25, 000
25,000
50,000
60,000
420,000
25, 000
50,000
100, 000
60,000
50,000
25, 000
100,000
40,000
25,000
60,000
25,000
500,000
60,000
25,000
30, 000
100,000
25,000
250, 000
200, 000
25,000
100,000
250,000
25,000
25,000
50,000
25,000
200,000
25,000
50,000
50, 000
100,000
50,000
100,000

Dec. 3,1930
do
Dec. 4,1930
Dec. 5,1930
do
do
Dec. 8,1930
do
do
Dec. 9,1930
Dec. 12,1930
___ do_ _
do
do
Dec. 16,1930
do

do
do. __„
Dec. 17,1930
do

do
do
Dec. 18,1930
Dec. 19,1930
Dec. 20,1930
do
Dec. 23,1930
do
do _ .

do
do

24, 520

24, 520

48, 380
24,400
7,820
96,995
100, 000
48, 380
299, 980
24,400
100,000
10,000
40,000
6,200
24,400

48, 380
24, 400
7,820
96,995
100,000
48, 380
299,980
24,400
100,000
10, 000
40,000
6,200
24,400

58, 500
194,960

58, 500
194,960

50,000

50,000

38,020
46, 580
9, 280
94,100
40,000
24, 580

38,020
46, 580
9,280
94,100
40,000
24, 580

25,000

25, 000

35,000

35,000

6,260
236, 380
197,000
25,000

6,260
236, 380
197,000
25, 000

25,000

25,000

24,400
191,300
24,700

24,400
191,300
24, 700

256, 384
231,184
1,454, 676
1,117,419
209, 247
329,045
1,636, 678
56, 590
79,282
151,325
78,187
633,079
170,653

48,915
93,700
48, 320

48,915
93,700
48,320
75,000

322,962
605, 272
561,673
912,728

Dec. 26,1930
do

do
do
Dec. 27,1930
Dec. 30,1930
- - do _

do
Jan. 3,1931
Jan. 6,1931
do
Jan. 9,1931
do

do
d o - _.._
Jan. 12,1931

do._
do
Jan. 13,1931

do

193, 204
296,096
428,125
80,142
78,154
1, 567,657
3,438,611
140, 347
1, 671, 709
390, 078
362,750
45, 676
533, 474
130,169
168,865
86, 645
791, 374
2,474,918
238,137
216, 325
141,914
449,850
421, 434
257,123
177,727
108,656
87,181
505,190
5,996,970
299,969
113,720

51, 730
36,000
22, 267
20, 584
214,000
630,129
20,000
523, 250
25,000
84,935
10, 270
34, 026
39, 228
41, 785
39, 244
159,185
696, 759
70, 018
49,015
553, 211
20,000
35,199
39,137
47,904
27, 785
17,493
18,000
36,892
362,960
38, 590
60,048
29,185
43,000
678,828
79, 508
9,672
36,527
337,108
32,646
9,802
39,044
34,000
124,950
0,974
125, 547
44, 310
107,050
74,700
142,758

TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 31, 1938, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con.
Organization

Name and location of bank

First National Bank, Litchfield, Minn.i
First National Bank, Brookfield, Mo
__.
Howard National Bank, Kokomo, Ind.1
Planters National Bank, Clarksdale, Miss
Anoka National Bank, Anoka, Minn
First National Bank, Clinton, S.C 1
First National Bank, Addison, Pa.
First National Bank, Crestline, Ohio i
First National Bank, Cherokee, Iowa
First National Bank, Waverly, 111
Farmers & Merchants National Bank, Sheridan, IndPeoples National Bank, Osceola Mills, Pa
Clinton National Bank, Clinton, Mo
First National Bank, Connellsville, Pa.1
First National Bank, Redmond, Oreg
First National Bank, Panama City, Fla
Farmers & Merchants National Bank, Rockmart, Ga.
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, ChampIainrN.Y
First National Bank, Rouses Point, N.Y




Charter
no.

6118
12820
2375
12222
3000
8041
6709
5099
3049
6116
13050
11966
7806
2329
11294
10346
10900
10466
8067
3332
8998
8245
8826
10799
7854
8542
8251
13041
11890
13052
8175
11044
316
11969

Date

Jan. 7,1902
Sept. 5,1925
Nov. 28,1877
June 10,1922
May 26,1883
Jan. 8,1906
Mar. 13,1903
Nov. 30,1897
Aug. 11,1883
Jan. 7,1902
Mar. 9,1927
Mar. 23,1921
Apr. 29.1905
Mar. 25,1876
Dec. 24,1918
Feb. 26,1913
Aug. 17,1916
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

Capital

$50,000
100,000
100,000
500,000
100,000
50,000
25,000
50,000
50,000
25,000
40,000
50,000
50,000
50,000
25,000
30,000
40,000
25,000
25,000
50,000
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

Total
dividends
paid during existence as a
national
banking
association
$7,500
827,000
140,000
146, 500
112,085
11,500
147,000
276, 667
132,000
14,500
130,500
400,000
3,750
313,950
20,800
32,500
190, 333
724,500
99,000
22,750
102,000
22,000
54, 750
328, 500
171,500
28,500
2,400
41, 250
23,450
861, 750
52,000

Failures

Capital

$75,000
100,000
200,000
500,000
50,000
100,000
25,000
75,000
100,000
100,000
50,000
100,000
50,000
200,000
25,000
250,000
40,000
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

Receiver
appointed

Jan. 14,1931
Jan. 22,1931
do
Jan. 26,1931
Jan. 27,1931
do.
Jan. 28,1931
..—do
Jan. 31,1931
Feb. 7,1931
Feb. 9,1931
Feb. 10,1931
do.
Feb. 12,1931
.—do
.do.
Feb. 13,1931
.—do
Feb. 16,1931
do.
Feb. 18,1931
Feb. 26,1931
doMar. 3,1931
Mar. 7,1931
Mar. 9,1931
do-

Mar. 13,1931
Mar. 17,1931
do.
Mar. 18,1931
Mar. 19,1931
____do
do

Borrowed
money
Circula(bills
Lawful tion out- Total depos- payable,
redismoney standing its at date
counts,
deposited at date
of failure
of failure
etc.) at
date of
failure

$19,460

$121,516

95,500
12,500
94, 660

95,500
12,500
94, 660

1,048,155
615,068
269, 679

46, 280

46,280
98,800

29, 340
48,380

29,340
48, 380

741, 247
263,057
348, 777
348,047
421,017

$19,460

9,040

9,040

247, 682
672, 638
199,079
151,829
447, 841
1,957,808
242, 459
344, 486
752,806
50,808
849, 299
960, 388
566, 471
116, 565
378,320

18,700
34, 280
37,200
12,320

19,000
34, 280
37,200
12, 320

156, 056
1, 252, 541
730,005

25,000
90, 220

25,000
100,000

48,500
24,700
100,000

48,500
24,700
100,000

24,700
94,960
97,420

24,700
94,960
97,420

55,161

$185,134
8,705
716,994
839,497
24,191
33, 499
75,000
23,700
70,000
68,027
45,000
104,000
235,026
18,300
151,943
20,500
136,239
30,000
165,460
22,884
21, 625
279, 703
89, 308
55,005
49,500
16,897
47,728
24,015
13, 651

First & Farmers National 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, Eockwell, 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
Woodiynn National Bank, Woodlynn, N.J
First-Rempel National Bank, Logan, Ohio
Second National Bank, Altoona, Pa
Monongahela National Bank, Brownsville, Pa
First National Bank, Richwood, Ohio 1
Citizens National Bank, Monessen, Pa.
Noble County National Bank, Caldwell, Ohio *
First National Bank, Masontown, Pa
Central National Bank & Trust Co., St. Petersburg,
Fla
'
Merchants National Bank, Point Pleasant, W.Va.1—First National Bank, Waldron, Ark
First National Bank, Langdon, N.Dak. 1
First National Bank, Brandt, S.Dak
First National Bank, Millsboro, Pa
First National Bank, Tracy, Minn
Old National City Bank, Lima, Ohio1
First National Bank, Winnfield, La.
National Bank of Kinston, Kinston, N.C
First National Bank, Kinston, N . C
First National Bank & Trust Co., Paris, IIU
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.Y
Montgomery County National Bank, Cherryvale,
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, IllFarmers National Bank, Pomeroy, Wash
Citizens National Bank, Odessa, Tex
First National Bank, Holton, Kans
Iron National Bank, Ironwood, Mich
«
_.
Footnotes at end of table, p. 229.




12634
13019
7367
8269
3447
10217
10450
9746
11507
10337
6467
10674
12494
12894
7649
2781
648
9199
11487
2102
5441

Jan.
Dec.
July
Apr.
Jan.
June
Apr.
Apr.
Oct.
Feb.
Sept.
Dec.
Dec.
Feb.
Jan.
Aug.
Dec.
Jan.
Oct.
Mar.
May

100,000
100,000
60,000
40,000
100,000
25, 000
30,000
50,000
100,000
250,000
25,000
200,000
25, 000
50,000
100,000
125, 000
100,000
40,000
100, 000
60,000
1 100,000

Mar. 23,1931
Mar. 25,1931
do
Mar. 26,1931
Mar. 30,1931
do
Mar. 31,1931
do
Apr. 1,1931
Apr. 6,1931
Apr. 9,1931
do
Apr. 10,1931
Apr. 11,1931
Apr. 16,1931
do
.. do
Apr. 17,1931
do
Apr. 18,1931
do

5,750
3,000
156, 500
370, 667
44, 500
281, 600
340, 500
634, 560
100, 700
27,000
147,000
61,450
9,000

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
M a y 1,1931
do
M a y 4,1931
M a y 5,1931
dodo
M a y 6,1931

72,500
25,069
4,500
51,900
118, 500
52,500
105,000
5,000
130, 700
324, 700
96,000

50,000
50,000
25,000
30, 000
500,000
25,000
300, 000
50,000
50, 000
50,000
100,000

M a y 7,1931
M a y 11,1931
M a y 13,1931
M a y 14,1931
M a y 15,1931
M a y 18,1931
M a y 19,1931
do
do
M a y 23,1931
M a y 26,1931

27.1925
20.1926
18.1904
21.1906
13,1886
11,1912
14,19 3
25,1910
31,1919
7,1913
25,1902
24.1914
10,1923
15,1926
24.1905
19,1882
10.1864
24,1908
18,1919
18,1873
10.1900

100,000
100,000
25,000
25,000
50,000
25,000
30,000
25,000
100,000
100,000
25,000
100,000
25,000
25,000
50,000
100,000
200,000
25,000
100,000
60,000
25,000

7796 Apr. 18,1905
1504 July 18.1865
5849 May 17.1901
Sept. 28,1892
June 24,1916
7310 June 11,1904
4992 Feb. 21,1895
8701 Mar. 29.1907
10761 July 21.1915
9044 Feb. 14.1908
9085 Feb. 25,1908
3376 July 16,1885
6063 Dec. 10,1901
9889 Sept. 28,1910
5803 Apr. 22,1901
7405 Aug. 17,1904
11349 Apr. 23,1919

25,000
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

361,000
737,041
48,500

4749
9298
11685
6321
12573
6407
11737
11416
8169
3061
11469

50,000
25,000
25,000
30,000
300,000

M a y 21,1892
Nov. 27,1908
Apr. 12,1920
June 6,1902
July 1,1924
Aug. 20,1902
Apr. 13,1920
July 19,1919
Mar. 29,1906
Sept. 27,1883
Sept. 2,1919

25, 000
200,000
50,000
25, 000
50,000
100,000

5,000
100,4"5
28 250
349, 2oO
23, 250
30, 900
53, 250
1,000
166, 500
47 500
155,000
250
133,500
435,000
904, 500
58,250
39,000
124,500

55,000

55,000

708, 566

25,000

25,000

749,845

25,000

18, 270
29, 22G
50,000

25, 000
18, 270
29, 220
50, 000

24,700
25,000

24,700
25,000

958,087
177,137
156, 448
203, 502
395, 788
2,116,813
179, 615

25,000

25,000

47, 780
48,140
98,140
38,500

47, 780
48,140
98,140
38,500

98,800

98,800

263, 330
245, 354
769,937
2,158,821
4,454, 324
357, 035
1,631,948
2,602,558

18,750

18,750

187,347

25,000

25,000

150,000

150,000

80,421
88, 582
572, 642
2,148,083

24, 340
24,400
40,000
24, 580
50,000
24,635
10,000

24,340
24,400
40,000
24, 580
50,000
24, 635
10,000

714, 382
623, 322
601, 607
146, 212
116, 308
167, 634
537, 618
182,124

50,000
25,000

60,000
25,000

30,000
150,000
25, 000
200, 000
19,460
32,360

30,000
150,000
25,000
200,000
19,460
32, 360

100,000

100,000

159, 623
176,814
156, 926
212,097
2, 528, 547
66,109
1, 700, 609
132,744
424, 875
403,898
502,305

177,012
100, 000
57,500
20,700
148, 514
12, 000
33, 650
74, 245
508,107
48, 600
498, 800
25, 000
56, 427
110, 250
724, 809
66, 000
39, 500
102, 400
45, 945
285, 031

O

3

42, 532
84, 421
15,150
57, 886
19, 717
17,500
351, 426
1,450
180, 931
235, 938
16,020
14, 500
29, 625
15,000
6,602
68,327
34,853
37,804
29,657
753,847
14,665
515,600
91,750
54,968
63, 576
24,294

5

TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 8^1, 1983, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con.
Organization

Name and location of bank

First National Bank, Smithfield, Pa
McCartney National Bank, Green Bay, Wis
National Bank of Lynwood, Lynwood, Calif
First National Bank, Prattville, Ala_
First National Bank, Fowler, Ind_,
First National Bank, Irvona, Pa.__
Citizens National Bank, Warren, Pa. 1
First National Bank, Smithfield, Ohio
Washington Park National Bank, Chicago, 111
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, Mahaffey, 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, Chillicothe, Mo
Planters National Bank, Saluda, S.C
Waukegan National Bank, Waukegan, 111
Bottineau National Bank, Bqttineau, 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, Winston-Salem,
N.C
First National Bank, Morrisonville, 111
First National Bank, Elliott, Iowa
First National Bank, Genoa, N.Y
.
First National Bank, Bagley, Iowa




Charter
no.

Date

Capital

Total
dividends
paid during existence as a
national
banking
association

Failures

Capital

Receiver
appointed

6642
4783
13135
9055
5430
11115
2226
501
3916
10179
9267
12478

Jan.
June
Oct.
Feb.
May
Oct.
Feb.
June
June
Apr.
Oct.
Dec.
Jan.

14.1903
30,1892
10,1927
24,1908
23,1900
12,1917
8,1875
24,1864
21,1888
18,1912
16,1908
26.1923
24,1907

$25,000 $101,250
50,000 1,036,584
50,000
50,000
91,750
25,000
151,850
25,000
27,000
50,000
431, 667
63,000
447, 575
50,000 1,098,942
100,000
313,250
25,000
35, 750
100,000
19,000
25,000
50,750

$75,000
500,000
50,000
50,000
75,000
25,000
125,000
100,000
600,000
525,000
25,000
100,000
25,000

M a y 27,1931
M a y 29,1931
do.
June 1,1931
June 2,1931
do
June 4,1931
June 5,1931
June 9,1931
do
June 12,1931
___.do
June 13,1931

3952
7610
12661
11731
9996
9725
3686
10802
10355
7879
6332
7332
12530
1721

Nov.
Dec.
Feb.
May
Mar.
Jan.
Jan.
Nov.
Mar.
Aug.
July
May
Apr.
Aug.

20,1888
27.1904
16,1925
3,1920
24,1911
31,1910
22,1887
11,1915
7,1913
4,1905
3,1902
3,1904
18.1924
27,1870

125,000
35,000
50,000
200,000
25,000
35,000
50,000
30,000
100,000
25,000
25,000
25,000
150,000
50,000

842, 470
111,000
16,500
70,000
27, 750
148,075
323,500
64,900
213,500
44, 250
39, 250
98,000
1,500
439, 764

500,000
50,000
50,000
200,000
25,000
100,000
100,000
100,000
250,000
25,000
25,000
25,000
150,000
50,000

June 16,1931
__-do
June 17.1931
June 18,1931
.—_ do
.
June 19,1931
June 22,1931
do.
.—- do
June 23,1931
____do
June 27,1931

4292
6745
6857
9921
6995

Mar.
Mar.
June
Jan.
Oct.

24,1890
18,1903
15,1903
4,1911
5,1903

100,000
25,000
25.000
25,000
25,000

296, 500
65,855
90,750
23,000
62,500

150,000
do
50,000
do
50,000
25,000 July 2,1931
do
25,000
July 3,1931

Borrowed
money
(bills
CirculaLawful tion out- Total depos- payable,
redismoney standing its at date
of failure
counts,
deposited at date
of failure
etc.) at
date of
failure
$50,000
249,995

$50,000
249,995

12,500
14,520
5,960
96,220

12,500
14,520
5,960
96,220

500,000
296, 760
25,000
98,500

500,000
296,760
25,000
98,500
6,300

7,521,346
4,169,504
253,118
759,379
119,835

196,760
47, 420
30,000
197,060
9,760
35,000

196,760
47,420
30,000
197,060
9,760
35,000
98,800

250,000
7,000

250,000
7,000

24,400
94,120

24,400
94,120

4,237,013
574,955
676,110
1,908,707
313, 986
928,952
790,465
421.164
2,870,921
267.165
201,808
70,204
384, 791
288, 539

184,084
62,135
163,501
73,352
35,650
27,348
141,870
24,450

150,000
25,000
20,000
25,000
19,520

150,000
25,000
20,000
25,000
19,520

906,141
219,705
144,998
149, 455
128,868

236,123
43,224
6,752
23,118
24,404

June 29,1931

$448,347
2,089,423
197,992
315,870
296,451
248,004

$70,000
314,479
30,157
177,372
38,410
55,000
45,100
50,517
901,957
2,507
44,405
69,667
200,055
44,810
10,000
158,500
25,651

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, Iowa
First National Bank, Scobey, Mont
Will County National Bank, Joliet, 111
First National Bank, Stronghurst, 111*
Floyd County National Bank, Floydada, Tex.i
Walthill National Bank, Walthill, Nebr
Third National Bank, New London, Ohio
Greenville National Bank, Greenville, Mich
First National Bank, Greensboro, Ala
Steele County National Bank, Finley,
N.Dak
First National Bank, Terrell, Tex. 1
First National Bank, Beaverdale, Pa
First National Bank, Ripley, N.Y
Ocqnto 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, Maryville, Mo
Manufacturers National Bank, Mechanicville,
N.Y._
Columbus National Bank, Columbus, Ohio 1
First National Bank, Polo, 111
First National Bank, Blythe, Calif
First National Bank in Mount Vernon, S.Dak
First National Bank, Colony, Kans
National Bank of Monticello, Monticello, Ind. 1
First National Bank, Lehigh, Iowa
First National Bank, Fairchild, Wis
United States National Bank, Los Angeles, Calif
First National Bank, Bancroft, Idaho
First National Bank, Wauseon, Ohio
Farmers National Bank, Bridgewater, S.Dak
Peoples National Bank, Latrobe, Pa
First National Bank, Sweet Springs, Mo
Queensboro National Bank of the City of New York,
New York, N.Y.
Farmers National Bank, Fairfax, S.Dak
Prineville National Bank, Prineville, Oreg
First National Bank, Lyons, Ga
First National Bank, Vidalia, Ga.
First National Bank, Westbrook, Minn
___

Footnotes at end of table, p. 229.




11813
12989
12657
6868
10210
3171
8414
7607
10838
1882
5813
12692
9816
10101
11843
5693
13190
3816
11317
6386
3541
12749
9S67
9020
9214
9689
10966
11226
3268
5037
12350
13497
13282
11531
12952
5868
7264
7632
11183
7091
7426
5744
11372
12398

Aug. 3,1920
Aug. 17,1926
Feb. 26,1925
June 22,1903
May 24,1912
Mar. 6,1884
Oct. 10,1906
Jan. 3,1905
Mar. 25.1916
Aug. 4,1871
Apr. 27,1901
Apr. 18,1925
June 25.1910
Sept. 29.1911
Sept. 11,1920
Jan. 15,1901
Mar. 3.1928
Oct. 26,1887
Mar. 1,1919
Aug. 9,1902
July 15,1886
May 22.1925
Sept. 19,1910
Jan. 15,1908
Apr. 22,1908
Feb. 11,1910
Mar. 15.1917
July 25.1918
Aug. 28,1884
Feb. 1,1896
Apr. 2,1923
Oct. 11,1930
Jan. 17.1917
Feb. 8.1929
Nov. 7,1919
June 14.1926
June 15,1901
May 9,1904
Feb. 11,1905
Apr. 15.1918
Oct. 22.1903
Sept. 28.1904
Jan. 14,1901
May 31.1919
June 11,1923

13302
12655
7979
9879
6412

Mar.
Feb.
Aug.
June
July

10944

9,1929
27,1925
30,1905
21,1910
15,1902

60,000
150, 000
100, 000
25,000
25,000
50, 000
50,000
50,000
25,000
100,000
25,000
50,000
25,000
50,000
50,000
25, 000
25, 000
50,000
50,000
25,000
50,000
100,000
100,000
50,000
25,000
25,000
25,000
25,000
100,000
60,000
500,000
50,000
25,000
25,000
25, 000
40,000
25,000
25, 000
200, 000
25,000
25, 000
25, 000
100, 000
50, 000
200, 000
25,000
50,000
25,000
35, 000
25, 000

43,200
9,000

52,000

60,000
do
150, 000
do
150,000
do
25,000 July 9,1931
25,000
do
50,000
do
200,000 July 10,1931
100,000 July 14,1931
30,000
do
-.200,000 July 15,1931
75,000 July 17,1931
50,000
do 25,000 July 20,1931
50,000
do
50, 000 July 21,1931
100,000 .. _ do
25, 000 July 27,1931
200,000
do
50, 000 July 28,1931
25, 000 July 30,1931
60,000 Aug. 3,1931
300, 000 Aug. 6,1931
600,000
50, 000 Aug. 7,1931
25,000 Aug. 8,1931
do . _._
25,000
25,000
25,000
do
100, 000 Aug. 10,1931
100,000
do
500, 000 Aug. 11,1931
50,000 Aug. 12,1931
50,000
do -25,000 ... do
25, 000 Aug. 14,1931
40, 000 Aug. 15,1931
25,000 Aug. 17,1931
25, 000 Am?. 18,1931
1, 000, 000
'do
25,000 Aug. 20,1931
50, 000 Aue. 22,1931
25, 000 Aug. 24,1931
200, 000
do
50, 000
do
200, 000 Aug. 26,1931

38, 500
63,000
64,250

25, 000
50,000 Sept. 1,1931
25, 000 Sept. 3,1931
do
35, 000
30,000 Sept. 4,1931

40, 500
12, 750
170, 500
159, 500
246, 250
20,150
793,000
40,600
31,000
19, 500
52,000
28,000
263,000
792, 500
39,000
79,000
197,700
500, 700
37,500
46,250
42, 500
7,500
2,500
582,074
273,600
17, 750
2,500
12, 000
37, 350
34,500
740,000
10, 500
104,750
55,000
211,000

58,380
48,200
47, 360
24, 280
25,000
48, 500
189, 440
100,000
30,000
198, 500

58,380
48,200
47,360
24, 280
25,000
48, 500
194,120
100,000
30,000
198,500

593,860
604,702
743,053
134, 380
234, 375
1, 299, 051
685, 845
684, 980
178, 931
2, 662, 267

24,820
50,000
50,000
38, 240

24,820
50,000
50,000
3S, 240

281,128
72, 312
422, 998
237, 026
168, 085
112, 465

48, 320
25, 000
44,700

48, 320
25, 000
59,460

140,000
50, 000
24, 280
20. 000
25, 000
9,760
96, 040
100,000

140,000
50,000
24, 280
20,000
25,000
9,760
96,040
100,000

503, 293
522, 701
612, 430
934, 493
8,128,016
463,883
87,152
128,328
178, 946
119,666
497, 746
2,840,127

25, 000

25,000

434,178
175, 767
124, 769
83,147

20, 000
10, 000

20, 000
10,000

50,000
6, 500
98, 495

50, 000
6,500
98, 495

24, 640

24, 640

25, 000
34,860
25,000

25,000
34,860
25, 000

97,986
75,660
35, 576
5,671
24,997
325, 760
81, 329
214,000
80, 095
73, 538
17, 540
20, 328
31,850
157, 384
72,968
50, 449
42,000
44, 362
94,318
20,000
620,000
48,025
50, 226
55, 528
48,775
51,826
275,000
500,000
29,837
201, 543
40,806
43,125
17, 299
245, 796
14,000

245, 796
130, 412
7, 798, 942
57, 603
551, 688
247, 707
2, 477,973
103, 765
1,982, 752

20, 565
52,100
22, 957
145,000
10,500
300,000

120,105
81, 599
106, 533
236,354
316, 254

42,899
28,615
48, 501
99,903
42,770

TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 81, 1933, dates of organization and appointment of receivers, to
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money i—i.
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con. o
Organization

Name and location of bank

First National Bank, El Paso, Tex
First National Bank, Coin, Iowa
First National Bank, Randolph, Iowa
First National Bank at Smithfield, Ohio
National Bank of Defiance, Defiance, Ohio
Security National Bank, Mobridge, S.Dak
First National Bank in Alexandria, S.Dak
First National Bank, Eudora, Ark
First National Bank, Mora, Minn
Plainview National Bank, Plainview, Tex
Limon National Bank, Limon, Colo
First National Bank, Merrill, Iowa
Rockaway Beach National Bank, New York, N.Y__.
Labor National Bank of Montana at Three Forks,
Mont
Bank of Pittsburgh National Association, Pittsburgh
Pa
'
Peoples National Bank, Salem, N.Y
Farmers National Bank, Trafalgar, Ind
Inkster National Bank, Inkster, Mich
Rogers Park National Bank, Chicago, 111
First National Bank, Lynchburg, Ohio
Commercial National Bank & Trust Co., St. Joseph,
Mich
First National Bank, Hankinson, N.Dak
First National Bank, Midland City, Ala
Alderson National Bank, Alderson, W.Va
Highland National Bank, Pittsburgh, Pa
First National Bank, Viborg, S.Dak
Ogden National Bank, Chicago, 111
First National Bank, Fort Mill, S.C
Farmers National Bank, New Bedford, 111
„._.
First National Bank, Bode, Iowa
First National Bank, Sisseton, S.Dak




Charter
no.

Date

May
June
June
Jan.
Apr.
Dec.
Oct.
Aug.
May
June
Feb.
Aug.
12252 June
2532
7309
7833
13171
13457
11590
12611
12813
7292
9802
11619

25,1881
3,19u4
27,1905
17,1928
16,1930
5,1919
18.1924
15.1925
18,1904
15,1910
10,1920
3,1916
21,1922

12361 Mar. 28,1923

Capital

Total
dividends
paid during existence as a
national
banking
association

Failures

Capital

Receiver
appointed

$50,000 $2,614,000 $1,000,000 Sept. 4,1931 $700,000 $700,000
50,000 Sept. 8,1931
10,000
25,000
10,000
80,259
45,000
25,000
24,640
91,750
24,640
do
50,000 Sept. 10,1931
50,000
49,700
49,700
150,000
150,000
150,000 150,000
do.
50,000 Sept. 11,1931
50,000
25,000
15,000
25,000
50,000
50,000
4,000
do
40,000 Sept. 12,1931
40,000
20,000
20,000
10,400
25,000 Sept. 14,1931
25,000
25,000
84,750
25,000
100,000
125,000 Sept. 16,1931
92,240
30,000
30,000
do.
40,000
40,000 Sept. 18,1931
61,000
200,000 Sept. 19,1931
40,000
200,000
25,000

3,750

25,000

do

5225
3245
7491
12878
10305
11772

Oct.
June
Sept.
Dec.
Dec.
June

3,1899 1,200,000 11,520,000 3,000,000 Sept 21,1931
50,000
40,000 Sept. 23,1931
21,1884
143,450
25,000
25,000
27,1904
40,000
do
25,000
25,000
16,1925
do
50,000
100,000 Sept. 24,1931
16,1912
161,500
50,000
50,000 Sept. 28,1931
11,1920
1,000

5594
6218
8458
9523
12414

Sept.
Mar.
Nov.
July
July
Dec.
Nov.
Feb.
Oct.
Mar.
May

15,1900
14,1902
27,1906
19,1909
16,1923
6,1915
24,1923
21,1911
6,1917
29,1913
22,1900

12480
9941
11088
10371
5428

Borrowed
money
(bills
CirculaLawful tion out- Total depos- payable,
redismoney- standing its at date
counts,
deposited at date
of failure
etc.) at
of failure
date of
failure

50,000
30,000
25,000
25,000
200,000
40,000
200,000
25,000
25,000
25,000
25,000

210,500
88,800
89, 537
40,750
123,000
35, 500
67,000
53,800
13, 250
12, 750
150,900

200,000
30,000
35,000
25,000
200,000
40,000
200,000
40,000
25,000
25,000
75,000

do
....do
.____do
do.
..—do.
Oct. 1,1931
do.
__._do_
.....do
....do
.—.do-

34,220
6,070

34,220
6,070

50,000
30,000

50,000
30,000

147,360
30,000
34,095
12,137
196,820

147,360
30,000
34,095
12,137
196,820

40,000

40,000

6,250
64,635

6,250
54,635

$7, 623,905
98, 743
59,025
274,677
1,164,512
111, 174
389,434
163,379
333,809
1,671,786
57,987
202,458
1,757,118

18,356
11,475
38,000
165,225
67,868
40,401
68,710
14,900
189,786
60,643
12,938
402,500

136,077

17,070

43,611,807
524,655
84,135
247,338
893,508
186,811

7,647,325

2,720,900
123,704
45,452
476,530
4,007,474
292, 267
468,397
214,181
90,100
87,412
254,782

388,700
32,077
91,510
25,000
50,000
50,319
108,121
83,015
7,000
8,287
64,242

17,936
328,178
40,132

First National Bank, Hagerstown, Md
First National Bank, Reed City, Mich
Peoples National Bank, Pulaski, N.Y
First National Bank, Unionville, N.Y
First National Bank, Orbisonia, Pa
First National Bank, Kewanee, 111
Security National Bank, Bowie, Tex
National City Bank, Ottawa, 111
First National Bank, Elba. Ala
First National Bank, Smithville, Tex
Calumet National Bank, Chicago, 111
First National Bank, Col ville, Wash
Peoples National Bank, Point Marion, Pa
Planters & Merchants First National Bank, South Boston, Va
First National Bank, Carterville, 111
National Bank of Fayette County, Uniontown, Pa
First National Bank, Carey, Ohio
Moshannon National Bank, Philipsburg, Pa
National Mohawk Valley Bank, Mohawk, N.Y
Farmers National Bank, Leechburg, Pa
Maine 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, 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, W.Va
First National Bank, Bishop, Tex
First National Bank, Mathis, Tex
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, Elizabethton, Tenn
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, Rock Rapids, Iowa
Footnotes at end of table, p. 229.




1431
4413
10788
11448
8985
1785
12731
1465
6897
7041
3102
8104
9503

May
Aug.
Sept.
July
Jan.
Nov.
Jan.
June
July
Nov.
Dec.
Feb.
June

2,1865
26,1890
6,1915
26,1919

8643
7889
681
6119
5066
1130
9290
12504
2528
6619
10219
11574
9848
9291
11237
7816
3343
8559
7932
5330
5145
13505
10392
12612
11838
10093
4083
10554
13367
11009
9558
12519
11211
6951
1096
7089

Mar.
Aug.
Dec.
Jan.
May
Apr.
Sept.
Jan.
May
Feb.
June
Dec.
Aug.
June
Aug.
May
May
Oct.
Sept.
Apr.
Sept.
Dec.
May
Dec.
Aug.
Sept.
July
June
Aug.
May
Aug.
Mar.
July
July
Apr.
Dec.

15.1907
10,1905
19,1864
23,1902
3.1897
3,1865
14.1908
22,1924
23,1881
4,1903
8.1912
27.1919
12.1910
23,1908
27,1918
22.1905
12,1885
27.1906
22,1905
11,1900
3.1898
3,1930
2.1913
10,1924
20.1920
2,1911

2,1908
23,1870
28,1925
26,1865
20,1903
11,1903
20,1883
3,1906
18.1909

1,1914
5,1929
5,1917
31,1909
11,1924
10,1918
28,1903
10,1865
15,1903

69,070
50,000
50,000
30,000
25,000
75,000
100,000
100,000
50,000
25,000
50,000
25,000
50,000
100,000
50,000
65,000
50,000
50,000
150,000
50,000
50,000
60,000
30,000
30,000
25,000
25,000
50,000
25,000
50,000
50,000
25,000
50,000
25,000
60,000
100,000

959,000
308, 732
33,500
11,700
65, 250
633, 625
71,000
910, 500
196,250
105, 250
593,500
83,700
36,000
237, 750
83,000
1, 663, 900
54,000
417,000
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
44,000
272,000
130, 500
181,100

91,000
25, 000
9,000
25,000
25,000
3,750
25,000
79,800
88, 250
50,000
25,000
25,750
30, 000
200,000
168,000
25,000
114,750
25,000
3,750
50,000
76,100
25,000
180, 500
200,000 1,459,000
75,000
224,000

150,000 Oct. 5,1931 148,080
do
50,000
100,000
do
50,000
30,000
28,740
do
50,000
do
125,000 Oct. 6,1931
74,280
50,000
do
200,000
do _
100,000 ____ do
.
50,000 Oct. 7,1931
23,320
400,000
do
99,520
60,000 Oct. 8,1931
58,140
50,000 ._._ do
'__
49,400

148,080
50,000

125,000
50,000
500,000
25,000
150, 000
100,000
50,000
50,000
200,000
40,000
30,000
25,000
50,000
100,000
25,000
125,000
50,000
50,000
150, 000
50,000
60,000
100,000
50, 000
25,000
25,000
40,000
50,000
25,000
30,000
200,000
75,000
25,000
150,000
40,000
100,000
75,000

97,120
50,000
200,000
24,460
148, 320
96,940
48,800

97,120
50,000
200,000
24,460
148,320
96,940
48,800

147,900
39,340
29,460

147,900
39,340
29,460

24, 340
50,000

24,340
50,000

26,960
49, 338
49, 040
122, 737
24, 640
60,000
47,180
24, 640

26,960
49,338
49,040
122, 737
24, 640
60,000
47,180
24,640

24,700
12,500
24,700
30,000
196,820
50,000

24,700
12,500
24,700
30,000
196, 820
50,000

38,920

38,920

74,280

74,280

Oct.
Oct.
_„

10,1931
do
12,1931
do
do

do
do ._

74,280

2,317,176
1,184, 725
648,207
644,766
477,839
1,219,269

23,320
99,520
58,140
49,400

141,119
1,025,009
167,137
238,999
2,299,269
651,861
373,559

28,740

do
Oct. 13,1931
__. do
.

do
do .

do
do
do

„

do
Oct.

do. 15,1931
do
do

do
.

do
do
do
do,,._

.

Oct. 16,1931
do
do
do
do
Oct. 19,1931
do
do _
do
._
.,._ do_ Oct. 20,1931
__

1,366,935
287,441
8,931,863
194,857

1,351, 249
902, 789
584, 676
641,322
1,563,970
333,548
285,431
45,417
397, 674
468,100
116,184
1,239,841
239,051
520, 567
501,020
470, 719
187,069
560, 275
192,873
116,908
79,941
114,791
209, 239
200,036
228,482
1,350,284
1,061,410
367,017
265,371
516,122
1,841,833
1,065,798

451,318
68,482
112,000
19,000
228,538
87,033
120,094
161,226
10,000
482,691
80,918
44,650
344,299
62,000
1,107, 500
10,000
95, 750
174, 828
19, 525
149,484
456,823
37, 246
10,000
21,700
50,300
179, 528
42,300
114,871
76,902
209,895
10,000
44,370
105,865
3,700
19,183
37,449
82,276
36,041
24,850
434,733
211,774
13,455
236,985
45,845
60,000
70,000

to

TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 31, 1933, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con.
Organization

Name and location of bank

First National Bank, Cowen, W.Va
First National Bank, Terra Alta, W.Va.2
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, Dexter, Mo
Exchange National Bank, Pittsburgh, Pa
Citizens National Bank, Kokomo, Ind
Commercial National Bank, Eufaula, Ala
First National Bank, Graceville, 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, Pa2
Traders National Bank, Buckhannon, W.Va.
First National Bank, New Windsor, Md
Citizens National Bank, Philippi, W- V a
First National Bank, Buchanan, Mich
First National Bank, Newburg, W.Va
First National Bank, Sycamore, 111
Security National Bank, Paducah, Tex__
Citizens National Bank, Seward, Pa
Hutchings First National Bank, Siloam Springs, Ark
First National Bank, Alliance, Nebr
First National Bank, Somerfield, Pa
Citizens National Bank, Sedalia, Mo




Charter
no.

10559
6999
4966
11138
10685
6764
8211
8670
12774
349
11320
1057
4121
5024
7423
12933
2093
127
9833
10016
13449
3874
4760
747
6377
3925
7626
1896
12748
13011
13506
4226
8901
1971

Date

Total
dividends
paid during existence as a
Capital national
banking
association

Failures

Capital

Receiver
appointed

May 19,1914 $25,000
$25,000 Oct. 20,1931
Aug. 4,1903
25,000
25,000
$59,250
do
June 21,1894
50,000
50,000 Oct. 22,1931
147,875
Jan. 16,1918
25,000
25,000
19.955
do
Dec. 30,1914
25,000
35,000
44,800
do
Apr. 15,1903
25,000
50,000
102,250
do
May 3,1906
25,000
25,000
86,261
Apr. 24,1907
50,000
50,000
75,500
do
May 29,1925
50,000
50,000 — d o
12,000
Mar. 2,1864
50,000
594,000
150,000 Oct. 23,1931
Mar. 7,1919
50,000
50,000
40,000
do
Apr. 8,1865 1,000,000 6,643, 250
750,000
do
Feb. 22,1889 100,000
350,000
897,825
do.
Sept. 3,1895
70,000
422,800
150,000 Oct. 27,1931
Sept. 26,1904
25,000
73,625
35,000
.do.
May 24,1926
25,000
25,000
do
Jan. 14,1873 200,000 1,299,382
300,000 Oct. 28,1931
Oct. 15,1863
50,000
60,000 Oct. 29,1931
432,400
July 2,1910
50,000
50,000 _—do
40,500
Apr. 7,1911
25,000
50,000
45,000
do
Apr. 4,1930
50,000
50,000 .... -do
2,000
Apr. 9,1888 250,000 4, 250,000 1,000,000 -—do
_.
Apr. 14,1892
50,000
50,000
188, 500
do
Dec. 24,1864
77,000 .—do.
55,000
365, 235
June 26,1902
50,000 Oct. 30,1931
40,000
136,350
Sept. 10,1888
50,000
50, 000
201,000
do
Jan. 23,1925
25,000
25,000
42,000
do
Sept. 15,1871
50,000
628,909
175,000 Oct. 31,1931
May 8,1925
50,000
50,000 Nov. 2,1931
22,500
Oct. 18,1926
25,000
25,000
do
2,500
Nov. 29,1930
50,000
50,000
do.
Dec. 19,1889
50,000
100,000 Nov. 3,1931
502,000
Aug. 10,1907
25,000
25,000 Nov. 5,1931
39,750
Aug. 9,1872
759,000
100,000 Nov. 6,1931
100,000

Borrowed
money
Circula(bills
Lawful tion out- Total depos- payable,
money standing its at date
redisdeposited at date
of failure
counts,
of failure
etc.) at
date of
failure
$89,084
$48,800

$48,800

49,995
6,250
49,280

49,995
6,250
49,280

145,920
50,000
742,980

145,920
50,000
742,980

98,320
34, 340
20,000
300,000
50,000
25,000

98,320
34, 340
20,000
300,000
60,000
48,020
25,000

53,440
39,400
48, 740
24,460
175, 000

53,440
39,400
48,740
24,460
175,000

17,960
49,158
24,160
98,258

17,960
49,158
24,160
98,258

$5,650

321,573
16,707
41,461
93,718
231,514
29,247
152,699
26,038
118,042
13,009
7Xh721
94,350
167,497
36,926
2,060, 550
150,000
294, 215
55,500
4, 264,123 1,697,301
2,966,246
263,858
139,309
58,672
148,401
10,169
243, 669
4,487,975 1,022,100
207,666
5,606
399,048
421,713
69,000
560,349
116,500
8,857,684
4, 784,500
465,232
651,330
499,875
1, 387,452
386,856
70,141
364,474
1,623,327
210, 795
1,925,817

12,490
134,484
55,000
5,000
104,891
123,821
20,000
125,400
579,106
15,200
93,200

to
to

First National Bank, Hoquiam, Wasn
First National Bank, St. Thomas, N . D a k . _ — . . . . . . _ .
First National Bank, Buena Vista, C o l o . - . ^ - . _ , . . . . . .
First National Bank, Blytheville, A r k . _ — . _ . . ^ __„._.
First National Bank, Belle Fourche, S.Dak
___.
First National Bank & Trust Co., Monessen, Pa
First National Bank, Logansport, Ind
City National Bank & Trust Co., Corpus Christi, Tex_.
Farmers & Miners National Bank, Bentleyville, Pa. 2 ..
First National Bank, Sea Isle City, N . J .
Second National Bank, Morgantown, W.Va
Phoenix National Bank, Columbia, T e n n , . . . . . . .
First National Bank, Pharr, T e x .
First National Bank, Marceline, M o .
First National Bank, Noble, 111
American National Bank, Dayton, Tenn
First National Bank of Custer City, Custer, S.Dak_...
First National Bank, Steamboat Springs* Colo
First National Bank, Frederic, Wis
First National Bank, Tilden, Nebr_.
First National Bank, Laredo, Tex. 1 .
Second National Bank, Brownsville, Pa. 1 —.
First National Bank, Houtzdale, P a
.
First National Bank, Corinth, M i s s .
Second National Bank in Youngstown, O h i o l
Norfolk National Bank, Norfolk, Nebr
First National Bank, Brighton, Colo
First National Bank & Trust Co., Woodbridge, N . J . . .
First National Bank, Zillah, Wash
First National Bank, Stanford, M o n t
Twin Falls National, Twin Falls, I d a h o . . .
Hopewell National Bank, Hopewell, Pa
First National Bank in Gulfport, Miss
First National Bank, West Frankfort, 111
First National Bank, Christopher, 111
Ithaca National Bank, Ithaca, Mich
Citizens National Bank & Trust Co., Terre Haute, Ind_
First National Bank, Glen Campbell, P a
Peoples National Bank, Lodi, Ohio
Citizens National Bank, Ellwood City, P a
First National Bank, Geneva, O h i o . . .
First National Bank, Washington, N . C
First National Bank, Chaffee, M o
Nogales National Bank, Nogales, Ariz
First National Bank in Aberdeen, Wash
First National Bank, T w i n Falls, Idaho
West Point National Bank, West Point, Nebr
First National Bank, Dougherty, Iowa
First National Bank, Sweetwater, Tex__.._.
First National Bank, Muffins, S.C
Federal National Bank, Boston, Mass fc
Footnotes at end of table, p. 229.




4427
4550
8735
11651
6561
5253
3084
7668
9058
12279
2458
7870
10169
7066
9527
7579
4448
6454
8491
9217
2486
2673
12332
3347
7577
8299
9576
10625
11274
9638
13553
7673
8260
6485
13224
5204
10677
11570
163
4997
9928
11012
11751
7608
3340
5576
5781
9876
12336

300,000
Sept. 22,1890
50,000 1,244,000
25,000
Mar. 7,1891
50, 000
49,000
25,000
May 13.1907
25, 000
45,250
100,000
Mar. 12,1920 100,000
91,000
25,000
Dec. 8,1902
25,000
50,000
160,000
Dec. 14,1899
50,000
236,900
250,000
Oct. 3,1883 230,000
855,200
200,000
Mar. 18.1905
50,000
261,350
100,000
Jan. 5.1907
50,000
143,000
26.1922
50,000
Oct.
25,000
20,500
100,000
Feb. 11,1880
60,000
405, 500
200,000
Aug. 8,1905 200,000
431,500
50,000
Mar. 21,1912
25,000
17,500
Nov. 19,1903
25,000
25,000
143,750
25,000
July 19,1909
25,000
17,875
Jan. 8,1901
25,000
25,000
180,000
Sept. 27,1890
25,000
50,000
27,500
25,000
Sept. 12.1902
25,000
39,750
25,000
Dec. 10.1906
25, 000
46,250
50,000
Aug. 3.1908
50,000
112,250
250,000
June 26,1880 100,000
493, 770
125,000
Apr. 11,1882
56,000
379,675
Mar. 21.1903
125,000
50,000
329, 500
100,000
Feb. 27.1908 100,000
206,000
200, 000
Feb. 28.1923 200,000
54,000
100,000
May 13,1885
60,000
406,000
40,000
Dec. 31.1904
25,000
125,250
150,000
June 12,1906
25,000
93,097
25,000
Sept. 30.1909
25, 000
56,000
Aug. 18,1914
35,000
35,000
37,100
150,000
Oct. 28,1918 150,000
4,500
Oct. 13,1909
25,000
25,000
25,250
June 5,1931 400,000
400,000
Feb. 28.1905
25,000
25,000
98,000
May 12.1906
60,000
25,000
196,296
Oct. 10,1902
25,000
25,000
57,100
July 24,1928 200,000
200, 000
30,000
Apr.
100,000
50,000
247,000
50, 000
Nov. 12,1914
50, 000
43, 500
100,000
Dec. 19.1919 100,000
59,000
June 6,1863
50,000
60,000
229,000
Apr. 11,1895
100, 000
50,000
269, 500
Jan. 19,1911
50,000
25, 000
80,250
May 15,1917
50,000
50,000
47,000
May 22.1920 100,000
150, 000
54,500
Jan. 14,1905
100, 000
25,000
241,000
May 9,1885
50, 000
50,000
293,000
July 30.1900
25,000
25,000
45, 750
Apr. 11.1901
100, 000
25, 000
168, 250
Sept. 19,1910
50,000
25,000
40,000
Mar. 19,1923 1,500,000
410,081 2,005,585

do
..—do
...
do
.do.
do.
do..
Nov. 11,1931
do
_do..
.....do

294,000
25,000
9,520

294,000
25,000
9,520

5,320
143,760

6,320
143, 760
246,340
230,440

246, 340
230,440

!.—doIIIIII"

10,000
24, 700
20,000
110, 520

23, 380
77, im
120, 560
24,160
14,820
24,700
23,920
10,000
24, 700
20,000
110,520

do
—.
Dec. 2,1931

12, 700
33,980
38, 720
100, 000
24, 220
100, 000
6,250

12,700
33,980
38, 720
100,000
24, 220
100,000
6,250

49, 280
17, 500
246,100
24, 998
58, 200
25,000

49, 280
17, 500
246,100
24,998
58, 200
25,000

.—do
..—do

98, 620
36, 600
93,160
48, 680
97, 660
39,040
48, 860
97,660

98, 620
36, 600
93,160
48, 680
97,660
39,040
48,800
97,660

Dec. 12,1931
Dec. 14,1931
d

49,998
12, 500

49,998
12,500

—do

.do.
Nov. 12,1931
Nov. 13,1931
Nov. 14,1931
do
Nov. 17,1931
.—.do
Nov. 30,1931
._—do_

-~—do—1~—
do
Dec. 3,1931
do.
Dec. 7,1931
do
do
do
do
Dec. 8,1931

.—do
Dec. 9,1931
Dec. 11,1931
.do.

23,380
77, 780
120, 560
24,160
14, 820
24,700
23,920

.—.do.24,400
24,400
do
Dec. 15,1931 1,500,000 1,500,000

1,800,002
174,052
98,048
166,331
503, 421
2,401,668
4,901, 206
1, 272,890
280,248
1,944, 326
483,137
161, 265
248,829
151,763
456,719
155, 284
431, 589
247,094
181,547
65,889
1, 005,048
970,948
856, 635
232,031
1, 543,721
193, 750
101,031
241, 348
222,415
3, 050,178
965, 518
841, 288
521,939
1,146, 413
597,358
491,828
255, 718
410, 584
1,452, 512
907,985
646, 287
190,940
588,864
177,284
24,452,825

31, 592
29,000
26,684
167,40S
87,980
407,638
52,183
446,876
198, 776
35,008
29,500
34,100
139, 560
10,944
44,302
73,635
24,465
160,000
130,104
150,000
299,058
202,835
42,798
50,000
200,000
35,055
56,032
"484,113
40,000
46,500
92, 377
62, 058
68,834
54,130
76,000
263,061
15,100
84, 507
133, 656
131,953
268,093
38,473
104,137
1,665,386

TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 31, 1938, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con.
Organization

Name and location of bank

F'rst National Bank, Starkweather, N . D a k
First National Bank, Momence, 111
First National Bank, Warsaw, N . C
Painted Post National Bank, Painted Post, N . Y A . _
Gillespie National Bank, Gillespie, 111
First National Bank, Mound City, 111
First National Bank, E l Paso, 111
Commercial National Bank, Raleigh, N . C
First National Bank, Victorville, Calif
„
First National Bank, Chardon, Ohio l
Macksburg National Bank, Macksburg, Iowa 1
Citizens National Bank, Wisconsin Rapids, Wis. 1
Boston-Continental National Bank, Boston, Mass
First National Bank, Louisburg, N . C
First National Bank, Brushton, N . Y
First National Bank, Venice, Calif
First National Bank, Idaho Springs, Colo
State National Bank in Lynn, Mass
First National Bank, Kingston, Tenn
First National Bank, Burlington, N . C
Marion National Bank, Marion, Ohio
First National Bank, Kelso, Wash
American National Bank & Trust Co., Benton Harbor,
Mich
First National Bank, Fredericktown, Ohio
First National Bank, White House Station, N . J
First National Bank, Middleport, N . Y
First National Bank, Gasport, N . Y
National Bank of Seymour, Seymour, Iowa
Farmers & Merchants National Bank, Roseville, Iil.L
Itasca National Bank, Itasca, Tex__
.fr'irst National Bank, Cambridge, 111.1
Creighton National Bank, Creighton, Nebr




Charter
no.

Date

Capital

$25, 000
50,000
50,000
25,000
50,000
25,000
50,000
100, 000
25,000
50,000
25,000
100,000

8639

May
Dec.
June
Feb.
July
Sept.
July
Feb.
May
Dec.
May
Dec.
Dec.
Jan.
Oct.
Jan.
May
Apr.
Nov.
Apr.
June
Feb.

19,1902
14,1903
21,1920
17,1921
24,1905
15,1904
9,1883
15,1908
1,1917
14,1891
13,1902
30,1912
21,1920
6,1905
20,1909
3,1912
19,1883
16,1923
28,1922
5,1907
12,1902
1,1907

200,000
25,000
25,000
50,000
50,000
200,000
25,000
50,000
200,000
25,000

10143
5640
9061
9206
10623
13495
12926
5749
2540
8797

Feb.
Nov.
Dec.
July
Sept.
Sept.
Apr.
Mar.
June
June

5,1912
22.1900
23.1907
14.1908
19,1914
2,1930
23,1926
15.1901
17,1881
27,1907

100,000
25,000
20,000
2o 000
25,000
25 000
50,000
30,000
.50,000
25,000

6397
7079
11767
11956
7903
7443
2997
9067
11005
4671
6852
10330
11903
7554
9643
10233
2962
12362
12319

Total
dividends
paid during existence as a
national
banking
association

Failures

Capital

siver
appointed

$48,000
$25,000 Dec. 17,1931
106,500
50,000
do
16, 500
50,000
13.500
25,000 —do
102,000
75,000 Dec. 19,1931
do.
49,000
25,000
319, 250
100,000 Dec. 21,1931
770,000
600,000
do
14, 750
25,000
do.
100,000 Dec. 22,1931
205,000
25,000 .—do
19,000
92,500
100,000 ..._do
152, 750 1,000,000 —do
62,500
50,000
do
25,000 Dec. 23,1931
33,750
7,359
50,000 — . d o
292, 500
50,000 —do.
65,000
200,000 —do
7,500
25,000 Dec. 24,1931
131,650
100,000 — d o
408,000
200,000 —.do
100,000 Dec. 29,1931
122,000
339,000
23,750
56,100
70,000
31, 250
5,000
155,400
247.145
24,750

200,000
25,000
30,000
25,000
25,000
25,000
50,000
60,000
50,000
25,000

—do
Dec. 30,1931
—do
—do
do.
do.
Dec. 31,1931
Jan. 2,1932
Jan. 8,1932
Jan. 9,1932

Borrowed
money
Circula(bills
Lawful tion out- Total depos- payable,
money standing its at date
redisof failure
deposited at date
counts,
of failure
etc.) at
date of
failure
$5,000
24,760

$6,500
24,760

$54,443
489,703
34,047

$20,041
55,000
12,519

75,000
10,000

75,000
10,000

171,000
24,640

171,000
24,640

1,130,403
121,418
304,966
3,653,385
236,213

82,240
894,520
49,460
23,620
15,000

82,240
894, 520
49,460
23,620
15,000

181,817
19,840
45,014
1,098,741
45,155
50,000
19,099
100,000
1,145,060

12,080
57,780
196,100
24,280

12,500
57, 780
196,100
24,280

197,420
25,000
14,700
24,520
24, 640

197,420
25,000
14,700
24,520
24,640

59,100

59,100

~~6~Q70

5,489,940
228, 621
792,437
223,113
137,336
2,061,948
67,022
1,919,523
1,009, 200
432,657
1,692,239
173,275
630,864
379,498
150,444
152,991
138,533
"l05,"405"

20,000
28,000
44,700
122,336
16,056
96,000
311,773
14,000
420,500
21,730
44,000
138,500
82, 735
10,350
99,000
56,776
196,991
42,888

fcO

First National Bank, Lost Nation, Iowa
Farmers & Merchants National Bank, Enterprise, AlaFirst National Bank, Farmer, S.Dak
Walnut Park National Bank, Walnut Park, Calif
National Bank of La Grange, La Grange, N.C
National Bank of Snow Hill, Snow Hill, N.C
First National Bank in Florence, S.C
„_.
Peoples National Bank, Burgettstown, Pa
Vandeventer National Bank, St. Louis, Mo
Bishopville National Bank, Bishopville, S.C
First National Bank, Yorba Linda, Calif
First National Bank, Ozark, Ark
Hammond National Bank & Trust Co., Hammond, Ind
First National Bank in Decatur, Ala
First National Bank in Hazard, Ky
Farmers National B ank, Granville, N. Y
First National Bank, Osnabrock, N.Dak
National Bank of Sabetha, Sabetha, Kans
First National Bank, Durham, N.C
Home National Bank, Union City, Pa. 2
Citizens National Bank, Harlan, Ky.2
Home National Bank, Elgin, 111
Oskaloosa National Bank, Oskaloosa, Iowa
Citizens National Bank, Long Branch, N.J
Valparaiso National Bank, Valparaiso, Ind
First National Bank in Mount Olive, HI
Bozeman Waters First National Bank, Poseyville, I n d .
Corinth National Bank, Corinth, N.Y
Citizens National Bank, Albion, N.Y
_._.
First National Bank, Harlem, Mont
National Bank of Adrian, Adrian, Mo
First National Bank, Woodward, Okla
Germantqwn National Bank, Germantown, N.Y
First National Bank, Iowa City, Iowa
First National Bank, Culver City, Calif
National Bank of Rensselaer, Rensselaer, N.Y
Griggsville National Bank, Griggsville, 111
First National Bank, Arcadia, Fla
Nephi National Bank, Nephi, Utah
Elkin National Bank, Elkin, N.C
Ocean Grove National Bank, Ocean Grove, N.J
Farmers National Bank, Pekin, 111
National Bank of Whitehall, Whitehall, N.Y
Anamosa National Bank, Anamosa, Iowa
First National Bank, Gary, Ind
Third National Bank, Pittsburgh, Pa.i
First National Bank, Hiawatha, Kans
Trigg National Bank, Glasgow, Ky
Bell National Bank, Pineville, K y
First National Bank, Columbus, Mont
First National Bank, Murfreesboro, Tenn
Footnotes at end of table, p. 229.




5402
10421
11456
12572
12633
12772
12799
13009
13270
10872
10905
12985
8199
10336
13248
3154
7234
4626
3811
8879
12243
2016
2417
6038
6215
13452
13503
6479
4998
7644
12413
5575
12242
18
11732
12773
2116
5534
8508
5673
5403
2287
8388
4696
8428
291
2589
5486
7215
9396
1692

May 2,1900
July 2,1913
Aug. 30,1919
Aug. 6,1924
Jan. 29,1925
June 13,1925
June 26,1925
Nov. 8,1926
Dec. 31,1928
May 16,1916
Aug. 15,1916
Aug. 23,1926
Apr. 2,1906
Feb. 2,1913
Oct. 10,1928
Mar. 20,1884
Apr. 7,1904
Aug. 28,1891
Sept. 20,1887
June 11,1907
June 3,1922
July 3,1872
Mar. 6,1879
Nov. 20,1901
Mar. 6,1902
Apr. 2,1930
Nov. 7,1930
Oct. 13,1902
May 2,1895
Feb. 9,1905
July 9,1923
Sept. 4,1900
Jan. 7,1922
June 12,1882
May 24,1920
Dec. 2,1924
June 2,1873
June 15,1900
Nov. 21,, 1906
Dec. 19,1900
Apr. 20,1900
July 19,1875
Sept. 29,1906
Feb. 4,1892
Oct. 9,1906
Dec. 30,1863
Nov. 12,1881
June 25,1900
Mar. 28,1904
Mar. 27,1909
Feb. 27,1869

50,850
25,000
164, 500
50,000
25, 000
50,000
79,500
25,000
50, 000
14,000
50,000
100,000
50,000
250,000
18, 750
75,000
25,000
16, 250
25,000
1,500
100,000
361,096
262,000
100,000
100,000
50,000
250, 700
25,000
65,250
60,000
279, 300
100,000 1, 249, 250
55,500
50,000
25,000
100,000
100,000
825, 500
444, 500
50,000
437, 000
100,000
337, 000
100,000
50,000
50,000
121,100
25, 000
400, 500
50,000
73, 750
25,000
25, 000
111,350
25,000
4,500
50, 000
457, 000
100, 000
17, 750
25,000
10,000
100,000
314, 500
50,000
179,000
30,000
56,000
50,000
95,500
25,000
162,025
25,000
50,000
543, 500
50,000
151, 500
50,000
204,000
25,000
582, 500
300,000 2,408, 500
50,000
213,000
50,000
249,063
25,000
127, 250
25,000
50,250
100,000 1,133,400

40,000
150,000
25,000
100,000
25,000
50,000
100,000
50,000
250,000
75,000
25,000
25,000
400,000
200,000
100, 000
100,000
25,000
60,000
600,000
50,000
100,000
150,000
100,000
150,000
150,000
50,000
50,000
35,000
200,000
25,000
25,000
50,000
50, 000
100,000
100,000
100,000
50,000
100,000
50,000
50,000
100,000
100,000
100,000
100,000
250,000
500,000
55,000
75,000
100,000
25,000
200,000

Jan. 11,1932
do.
do.
_do.
_do.
_do.
_do-do.
-do.
Jan. 12,1932
do
Jan.
Jan.

13,1932
18,1932
do.

-—do
_...do
—do
do.

do
Jan. 19,1932
doJan. 20,1932
—do
do
do

!IIIIdoIIIIIIII
do
Jan. 21,1932
____do.
do
do
Jan. 22,1932
do
Jan. 23,1932
do.
Jan. 26,1932
—do
do.

—do
do
do.

—do
Jan. 27,1932
do.
Jan. 28,1932
do
do
do
Jan. 29,1932
Feb. 1,1932

11,010

11,010

48,620

48,620

384,460
200,000

384,460
200,000

97, 540
24,815
59, 280
600, 000

97, 540
24,815
59,280
600,000

114,100

114,100

98,435
48, 380
48, 680
19,460
49,280
6,010

98, 435
48,380
48, 680
19,460
49, 280
6,010

49, 460
9,520
98,020
95,260

49,460
9,520
98,020
95,260

12, 500
69,280
42, 740
24, 700
24,040
95, 800
47,900
98,740
244, 240
415,220
54,220
71, 880
95,980
24,640
86,540

12, 500
69,280
42, 740
24, 700
24,040
95,800
47,900
98,740
244, 240
415,220
54,220
71,880
195,980
24,640
86,540

90,906
384,648
39,117
1,123,550
42,481
84,313
820,272
152,670
1,196, 262
232,987
137, 405
90,211
2, 569,503
760, 770
625,344
1,173,449
94,147
503, 713
3, 673,443
1,284,871
1,382, 759
1,478, 736
653, 645
419, 379
425, 207
1, 555,411
3,190, 726
173, 041
43,671
402,464
295,459
880,545
814,166
872, 922
220,646
455,690
96,108
455, 625
1,429,061
961,039
940,379
620,019
2,703,458
331,989
591,789
464,452
141,978
1,049,518

58, 508
371,109
25,000
99,265
21,474
35,952
170,989
5,960
324,532
46,689
24,845
19, 261
369,483
326, 033
25, 300
389,315
98,865
2,175,909
243,602
171,928
419,600
54,745
50,647
82,937
56,000
30,633
53,079
163,075
197,692
30,000
159,904
24,950
138,715
45,318
104, 248
345,139
75, 000
285,600
20,000
875,000
504,192
70,136
161,300
24, 560
31,800
352,866

TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 81, 1933, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con.
Organization
Name and location of bank

First National Bank, Harvey, 111
Cumberland National Bank, Fayetteville, N.C
Peoples National Bank, Clinton, Mo_#
Hopedale National Bank, Hopedale, 111
First National Bank, Palatine, 111
Washington National Bank in the City of Tacoma,
Tacoma, Wash
Middlesex National Bank, Lowell, Mass
First National Bank, Milton, Oreg
Coast National Bank, Seaside Heights, N.J
Point Pleasant Beach National Bank & Trust Co.,
Point Pleasant Beach, N.J
Olympia National Bank, Olympia, Wash
First Willapa Harbor National Bank, Raymond, Wash
Pikesville National Bank, Pikesville, Md
South Gate National Bank, South Gate, Calif
Peoples National Bank, Wellsville, Ohio
First National Bank, Monte Vista, Colo
First National Bank, Boswell, Pa
First National Bank, Monterey Park, Calif
First National Bank, Victoria, Va
Joliet National Bank, Joliet, 111
Commercial National Bank, High Point, N.C
National Bank of America at Gary, Ind
First National Bank, Shelbyville, Ind1
First National Bank, Brockway, Pa.
First National Bank in Brockway, Pa.*
Rockford National Bank, Rockford, 111
First National Bank, Mendota, 111
Mendota National Bank, Mendota, 111
Sedalia National Bank, Sedalia, Mo
National Bank of De Pere, De Pere, Wis
Wayne National Bank, Goldsboro, N.C_
First National Bank, Pittsburg, Kans




Charter
no.

Date

Total
dividends
paid during existence as a
national
Capital banking
association

Failures

Capital

Receiver
appointed

$100,000 Feb. 1,1932
150,000 ..—do
50,000 Feb. 2,1932
50,000
do
50,000
do._.

13168
8509
9398
11934

Mar.
Jan.
Dec.
Apr.
Jan.

11,1907
12,1928
31,1906
1,1909
25,1921

$50,000
150,000
50,000
50,000
25,000

$118,250
36,000
76,000
85, 250
16,500

12667
12343
9201
12354

Dec.
Mar.
June
Mar.

27,1924
30,1923
6,1908
17,1923

200,000
200,000
50,000
25,000

103,000
120,000

13215
5652
11672
8867
12807
6345
7228
6603
12061

May
Nov.
Mar.
July
Aug.
June
Apr.
Jan.
Nov.
Apr.
Oct.
Mar.
Dec.
May
June
July
Mar.
Feb.
July
July
Oct.
Sept.
Feb.

1,1928
10,1900
23,1920
23,1907
3,1925
27,1902
8,1904
8,1903
3,1921
14,1922
29.1890
23.1891
11,1916
2,1865
23,1900
29,1931
8,1871
13,1865
14,1897
10,1890
6,1902
11,1914

100,000
100,000
125,000
50,000
313, 500
100,000
100,000
54,000
40,000
25,000
49,200
50,000
50,000
2,000
100,000
100,000
223, 500
50,000
25,000
132,930
30,000
30,000
95,400
25,000
25,000
22,000
25,000
25,000
6,000
700,000
100,000 1,084,500
50,000 1, 402,000 1,000,000
150,000
100,000
127, 500
100,000
65,000
862, 750
35,000
35,000
144, 800
65,000
65,000
750,000
100,000 2,044,000
65,000
100,000
762,856
50,000
100,000
234,500
100,000
267,500
100,000 Feb. 15,1932
50,000
205,000
100,000 Feb. 16,1932
461, 500
325,000 Feb. 17,1932
325,000
50,000
356,785
100,000 — . d o

12183
4520
4568
11094
1263
5497
13566
1816
1177
5086
4392
6469
10614
3463

200,000
200,000
50,000
25,000

Borrowed
money
(bills
CirculaLawful tion out- Total depos- payable,
redismoney standing its at date
counts,
deposited at date
of failure
etc.) at
of failure
date of
failure
$48,800

$879,016
1,046,755
281,040
112,748
128,593

$112,970
304,652

191,960
198, 560

975,755
4,842,072
479,662
202,108

125,865
114,210
43,002
91,999

94,900

97,780
23,920
29,397
25,000
25,000
97,180
474,140
99,100
69,280

228,721
1,828,063
957,619
853,133
440,249
578,054
148,271
625,303
411, 215
259,249
3,512, 518
3,892, 564
882,274
496,588

199,980
48,800
12,320
100,000
100,000
177,320
96,337

4,450,746
438,364
696, 739
472,862
612,864
1, 538,103
1,425,067

230,274
130, 780
60,250
75,000
35,000
192,110
67,419
70,815
66,438
62,173
1,035,956
2,307, 509
136,115
91,146
102,858
598, 755
601,501
50,980
73,625
70,000
27,000
513,675
86,755

$48,800

49,280
23,980
15,000

49, 280
23,980
15,000

191,960
do
Feb. 3,1932 176,960
do.
do.
_—do
94,900
__-do
-—do
— 48,860
6,250
Feb. 6,1932
-—do
do
97, 780
Feb. 8,1932
23,920
Feb. 9,1932
29,397
do
25,000
do
- 25,000
97,180
Feb. 10,1932
474,140
do...
93, 220
..-do
69,280
—do
Feb. 11,1932
do.
Feb. 12,1932 199,980
—do
11,320
....do
100,000
100,000
177,320
96,337

48,860
6,250

20,434
33,191

to

First National Bank, Cherokee, Kans
First National Bank, Newport Beach, Calif
Seaside National Bank, Long Beach, Calif
First National Bank, Craig, Colo
Craig National Bank, Craig, Colo
Pioneer National Bank, Waterloo, Iowa
Burnet National Bank, Burnet, Tex
John Weedman National Bank, Farmer City, 111
First National Bank, Le Roy, 111
First National Bank, Foosland, 111
Citizens National Bank, Great Bend, Kans
First National Bank, Sedro-Woolley, Wash
First National Bank, Renovo, Pa
First National Bank, Hornell, N.Y
First National Bank, Pitcairn, Pa
Peoples National Bank, Pitcairn, Pa
First National Bank, Trafford, Pa
First National Bank, Champaign, 111
First National Bank, Bardwell, Ky
First National Bank, Hamilton, 111
First National Bank, Arlington, Ga
First National Bank, Hartwell, Ga
City National Bank, Knoxville, Tenn. 1
First National Bank, Alexis, 111.1
Citizens National Bank, Kendallville, Ind
First National Bank of Bay Point, Port Chicago, CalifFirst National Bank, Alva, Okla
Security National Bank, Fairfleld, Idaho
National Bank of Commerce, Garnett, Kans
Merchants National Bank, Brownsville,2 Tex
First National Bank, High Bridge, N J .
Merchants National Bank, Defiance, Ohio 1
First National Bank, Defiance, Ohio 1
First National Bank, Lonaconing, Md. 1
First National Bank, Fairfax, Okla
First National Bank, Nebo, 111
First National Bank, Glasgow, Ky
Forest City National Bank, Rockford, 111
First National Bank, Highland, Kans
First National Bank, Albion, 111.1
Albion National Bank, Albion, 111.1
Coggin National Bank, Brownwood, Tex. 1
First National Bank, Roscoe, Tex. 1
Bayard National Bank, Bayard, W.Va
First National B ank in Driggs, Idaho
First National Bank, Seymour, Ind. 1
First National Bank, Lafayette, Colo
Citizens National Bank & Trust Co., Hornell, N . Y . . .
National City Bank, Tampa, Fla. 1
Douglass National Bank of Chicago, Chicago, 1111
United States National Bank, La Grande, Oreg.
Footnotes at end of table, p. 229.




5447
10702
12819
10558
10560
5120
6966
3407
6586
11299
5705
7908
3763
262
5848
11892
6962

913
8331
9883
8314
11695
3837
4967
12532
11561
5587
11884
5292
7002
5333
2516
4661
7732
7972
10492
4819
4325
9136
8429
9025
9812
12899
11664
13267
1032
8909
2522
10958
12227
9314

June
Jan.
Aug.
May
June
Apr.
Sept.
Oct.
Jan.
Jan.
Jan.
Aug.
July
Nov.
May
Dec.
May
Jan.
May
Oct.
July
Mar.
Jan.
May
Feb.
Dec.
Sept.
Nov.
Apr.
Oct.
Apr.
Apr.
Nov.
Apr.
Oct.
Jan.
Nov.
Apr.
Apr.
Oct.
Sept.
June
Feb.
Feb.
Dec.
Feb.
Sept.
Mar.
Feb.
Nov.
Dec.

16.1900
8,1915
29.1925
28,1914
6,1914
12,1898
15,1903
26,1885
10,1903
10.1919
31.1901
31.1905
16.1887
21,1863
20,1901
1.1920
11,1903
30,1865
19.1906
10,1910
16,1906
17.1920
12.1888
18,1894
28,1924
19.1919
18,1900
12.1920
3,1900
1,1903
5,1900
7,1881
11,1891
27,1905
27.1905
28,1914
5,1892
8,1890
11,1908
17.1906
11.1907
9,1910
15.1926
23,1920
21,1928
1,1865
21,1907
12,1881
21,1917
4.1921
9,1908

25,000
25,000
92,911
do
do
25,000
25,0u0
15, 500
300,000 . .do
300,000
Feb.
18,1932
31,000
25,000
25,000
do - 25,000
25,000
29,250
do
200,000
100,000
692,900
do
30,000
25,000
75,900
75,000 Feb. 19,1932
50,000
363,320
do
50,000
50,000
116,000
25,000
do
25,000
2,750
50,000 Feb. 20,1932
50,000
166,300
25,000 Feb. 23,1932
25,000
23,000
50,000 Feb. 26,1932
50,000
248, 500
300,000 Feb. 27,1932
50,000 1,179,723
100,000 M a r . 2,1932
25,000
226,125
do
75,000
75,000
18,000
do
30,000
50,000
18,900
300,000 M a r . 4,1932
65,000 1,307,150
do
25,000
25,000
90,750
do
50,000
50,000
49, 750
M
a
r
. 8,1932
30,000
30,000
38,700
do
75,000
50,000
28,000
100,000 1, 845,000 1,000,000 M a r . 9,1932
50,000 M a r . 15,1932
50,000
96, 750
80,000 M a r . 16,1932
80,000
6,400
25,000 M a r . 18,1932
25,000
1,500
do
50,000
25,000
206,250
25,000 M a r . 19,1932
25,000
10,000
25,000 M a r . 25,1932
25,000
123,375
250,000 M a r . 28,1932
100,000
655,000
50,000 M a r . 30,1932
30,000
97, 752
100,000 Apr. 11,1932
100,000
244,000
do
100,000
150,000
376,125
25,000
do
25,000
60,000
Apr.
12,1932
25,000
25,000
114,375
40,000
do
25,000
31,700
Apr.
15,1932
50,000
50,000
186, 500
300, 000 Apr. 19,1932
100,000
774,000
Apr.
26,1932
25,000
25,000
48,200
50, 000 Apr. 27,1932
50,000
2,000
do
50,000
25,000
99, 250
100,000
do .
100,000
154,000
25,000
do
25,000
2,468
25,000 Apr. 28,1932
25,000
2,500
25,000 M a y 3,1932
25, 000
100,000
718,235
100,000 M a y 6,1932
25,000 M a y 9,1932
25,000
6,000
125, 000 M a y 10,1932
125,000
385, 584
500, 000 M a y 20,1932
300,000
488,000
250,000 M a y 21,1932
200,000
39, 000
100,000 M a y 23,1932
100,000
672, 400

18,700

23,980

97,900

97,900

196, 940
29,037
71, 280
48, 560

196,940
29, 037
71, 280
48, 560

49, 340

49, 340

12,200
98,080
23, 860
23,800
28,860
94, 720
23,440
49, 580
9,460

12,200
98,080
23,860
23,800
28,860
94, 720
23,440
49, 580
9,460

148,625
197,349
975,185
182,499
240,772
1, 874, 209
48,946
354,993
183,331
121,462
287,205
318,286
885,193
1, 661, 589
803,720
383,801
466,618
4,174,258
229,720
197,228
79,989
100,312

400,000
75,440

75,440

24,700

24,700

24,700
249,997

24,700
249,997

434,087
112,675
340,758
81,797
300,484
2,786,273

11,960
38,980
50,000
198, 620
6,250

11, 960
38,980
50,000
198, 620
6,250

266,849
154,197
292, 506
2,005,242
96,520

25,000

25,000

144,340
84, 525

24, 520
98,315

25,000
98,315

111, 560
1, 518,460

238, 540

238,540

419, 689
224, 313

9,873
18, 875
175, 577
27,000
64, 239
842,904
16,088
19, 000
40, 262
72,143
7,250
65, 611
727,051
69,500
116,781
55,500
810,100
47,500
25,800
24, 577
74,476
3,392,874
49,756
65,000
25,000
182,449
11,256
43,886
719,457
100,000
100,000
88,461
75,000
180,000
39,227
140,814
151,226
100,000
14,186
29, 554
62,028
231,048
17,000
976,609
525,900
109,683
50,000

NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1933, dates of organization and appointment of receivers, fcO
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money 00
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con.
Organization

Name and location of bank

First National Bank, South Glens Falls, N.Y
Hancock National Bank, Sparta, Oa
State National Bank, Santa Anna, Tex.Li
United States National Bank, Iron Mountain, Mich.
Citizens National Bank, Salmon, Idaho
First National Bank, Hartington, Nebr
First National Bank, Crofton, Nebr
Baraga County National Bank, L'Anse, Mich
Liberty National Bank, Waco, Tex. 1
First National Bank, Beverly Hills, Calif
National Bank of Rolla, Rolla, Mo
First National Bank, Jayton, Tex
Washington National Bank, New York, N.Y. 1
First National Bank, Sutersville, Pa
First National Bank, Rock Falls, 111
Leominster National Bank, Leominster, Mass
First National Bank, Sheffield, Iowa
Henderson National Bank, Henderson, Ky
New Jersey National Bank & Trust Co., Newark, N.J
Holston National Bank, Elizabethton, Tenn. 1
Alliance National Bank of Chicago, Chicago, 111
First National Bank, Arlington, Nebr
First National Bank, Whitesburg, K y
First National Bank, Etowah, Tenn
Bowmanville National Bank of Chicago, Chicago, 111.
First National Bank, Oneida,IU
Boonville National Bank, Boonville, M o . . .
Hurley National Bank, Hurley, Wis
First American National Bank & Trust Co., Berwyn,
Dl._
.
'
Columbia National Bank, Columbia Heights, Minn—
San Bernardino National Bank, San Bernardino, Calif.
Jefferson Park National Bank of Chicago, Chicago, 111
National Bank of Milton, Milton, Iowa
Jackson Park National Bank of Chicago, Chicago, 111..




Total
dividends
paid during existence as a
national
banking
association

Failures

Charter
no.

Date

5851
12317
12768
11929
9432
4528
8186
9509
11140
11461
1865
9845
13360
6270
6998
3204
12430
1615
9912
10976
12001
4583
10433
9162
10237
10752
10915
11594

Apr. 24,1901
Feb. 2,1923
May 30,1925
Jan. 15,1921
Apr. 27,1909
Feb. 13,1891
Feb. 16,1906
July 21,1909
Jan. 24,1918
July 7,1919
Aug. 1,1871
Aug. 3,1910
May 23,1929
Mar. 20,1902
Sept. 1,1903
Apr. 9,1884
Aug. 7,1923
Nov. 21,1865
Nov. 17,1910
Mar. 6,1917
July 22,1921
May 26,1891
July 14,1913
Feb. 27,1908
July 25,1912
June 5,1915
Oct. 24,1916
Jan. 30,1920

$25,000 May 24,1932
$25,000
$62,000
25,000
25,000
do
...
14,500
50,000
35,000
22,500
100,000
do
100,000
58,500
60,000
100,000 May 25,1932
104,000
50,000
60,000 June 1,1932
259,900
25,000
25,000
do
32, 750
25,000
50,000 June 2,1932
51,000
300,000
300,000 June 3,1932
339,000
30,000
450,000 June 7,1932
457, 725
100,000
50,000 June 8,1932
293,350
40,000
40,000
do
64,000
500,000
June 10,1932
500,000
25,000
do
25,000
53,500
50,000
25,000
do
53, 250
150,000
150,000 June 11,1932
465,000
40,000
40,000
do..
23,200
100,000
do.
966,000
200,000
200,000 1,472,582 2,800,000
do
25,000
52,000
50,000 June 14,1932
200,000
153,500
200,000 June 15,1932
50,000
44,000
25,000 June 17,1932
25,000
105,500
50,000
do25,000
50,000 June 21,1932
72,500
50,000
314,500
300,000
do
35,000
35,000
do
30,450
75,000
131,250
200,000
do
50,000
50,000
66,000
do

12426
13114
3818
10108
10243
12391,

July
July
Oct.
Oct.
Aug.
May

100,000
25,000
100,000
50,000
25,000
200,000

31,1923
6,1927
17,1887
5,1911
9,1912
25,1923

Capital

6,250
852,000
289, 500
40,750
32,000

Capital

Receiver
appointed

175,000
..do
25,000
-do
100,000
..do
300,000 June 25,1932
25,000 —_do—
200,000| — . d o

Borrowed
money
(bills
CirculaLawful tion out- Total depos- payable,
redismoney standing its at date
counts,
of failure
deposited at date
etc.) at
of failure
date of
failure
$25,000
25,000

$25,000
25,000

$428,557
148, 523

100,000
96,160
49,820
25,000
6,250

100,000
96,160
49,820
25,000
6,250

463,480
381, 689
231,343
97,201
404,956

400,000
49,340
9,400

400,000
49,340
9,400

25,000
24,460
144,000
39,700

25,000
24,460
144,000
39,700

5,197,831
505,612
117,600
49,533
366,351
357,803
1,366,833
250,030
1,032,681
7,946,632

$29,400
74, 729
51,192
94,455
150,726
129,131
66,261
108,947
300,000
1,011,964
148,174
62,942

147, 720
24,997
50,000
49,580
35,000
24,760
175,000
50,000

147,720
24,997
50,000
49,580
35,000
25,000
175,000
50,000

688,242
86,685
499,860
380,606
1,668,737
95,768
673,634
413,811

27,000
66,780
261,186
48,550
236,900
5,703,466
297,448
782,826
30,221
56,350
155,297
605,117
27,487
255,392
132,951

99,100
74,400
7,000

99,100
74,400
7,000

523,530
212,519
1,188,300
1,141,839
77,414
736,519

167, 626
92,200
187,100
632, 314
6,132
336,694

26,600 1,026,600

Standard National Bank of Chicago, Chicago, 111
Ravenswood National Bank, Ravenswood, 111
First National Bank, Wilmette, 111
National Bank of Woodlawn of Chicago, Chicago, 111-.
First National Bank, Martinville, Ind
First National Bank, Mesa, Ariz
Midland National Bank of Chicago, Chicago, 111
South Ashland National Bank of Chicago, Chicago, 111.
Peoples National Bank & Trust Co. of Chicago, Chicago, 111
First National Bank, Maquoketa, Iowa
First National Bank, Thompson, Iowa
First National Bank, Gardener, 111
West Hollywood First National Bank, West Hollywood, Calif
Guernsey National Bank, Cambridge, Ohio*
First National Bank, Willoughby, Ohio 1
First National B ank, Spartanburg, S. C
Hyde Park-Kenwood National Bank of Chicago, Chicago, 111
First National Bank, Tyndall, S.Dak
First National Bank in Kerman, Calif
Farmers National Bank in Vinton, Iowa
First National Bank, Davids ville, Pa_
_
First National Bank, Riverside, 111
State National Bank in Terrell, Tex
First National Bank, Waynesboro, Miss
First National Bank in Aurora, 111
First National Bank & Trust Co., Chicago Heights, 111.
National Tradesmen's Bank & Trust Co., New Haven,
Conn2
First National Bank, Burns, Oreg
State National Bank, Iowa Falls, Iowa
Pulaski National Bank, Pul&ski, N.Y
First National Bank, Jenkins, Ky
Ross County National Bank, Chillicothe, Ohio
Consolidated National Bank, Dubuque, Iowa
Peoples National Bank & Trust Co., Sullivan, Ind
Commercial National Bank, Waterloo, Iowa
Clearfield National Bank, Clearfield, Pa
First National Bank, Enterprise, Ala.1
First National Bank, Artesia, Calif
Whitley National Bank, Corbin, Ky
City National Bank, Sumter, S.C.1
Farmers National Bank, Wewoka, Okla
First National Bank, Thomasville, Ga
First National Bank, Sylacauga, Ala 1
Producers National Bank, Tulsa, Okla.
Monroe National Bank, Monroe, N.Y
Spencer National Bank, Spencer, Ind
First National Bank, Leland, 111
Footnotes at end of table, p. 229.




13372 Aug. 26,1929
10215 Apr. 30,1912
10828 Feb. 3,1916
11980 May 5,1921
794 Jan.
2,1865
11130 Jan.
7,1918
13036 Jan. 18,1927
13253 Nov. 2,1928

300,000
50, 000
50,000
300,000
100,000
100,000
200,000
200,000

13311
999
5054
9406

Apr. 2,1929 1,000,000
Feb. 20,1865
50,000
Dec. 21,1896
50,000
Apr. 21,1909
25,000

11025
1942
11994
1848

June 21,1917
Jan. 16,1872
Apr. 26,1921
June 5,1871

108, 500
119, 500
114,000
706, 788
33,000

300,000
200,000
150, 000
300, 000
100,000
100,000
250,000
200,000

.do.do..
_do_.
.doJune 27,1932
...._do
_—do
.—do

do
492,000 1,000, 000
50,000 June 28,1932
414, 250
50,000
do
208, 500
25,000
do
39, 750

25,000
69, 625
100,000
241, 000
100,000
36, 500
60,000 1, 548,800

do
75,000
50,000 June 29,1932
100, 000 .—.do
500,000 June 30,1932

13235 Aug. 1,1928
6792 May 6,1903
12584 Aug. 26,1924
13263 Nov. 23.1928
11407 June 19,1919
12386 Apr. 6,1923
13287 Feb. 26.1929
13413 Dec. 30,1929
13565 July 28,1931
5876 June 11.1901

500,000
25, 000
25,000
75,000
25,000
50,000
100,000
25,000
200,000
50,000

240,000
91, 277

256, 500

600,000
40, 000
25,000
75,000
25, 000
50,000
100,000
25,000
200,000
200,000

July 1,1932
July 2,1932
do
do
July 6,1932
do
do
do
do
July 7,1932

May
May
Aug.
July
June
May
Jan.
May
Mar.
Dec.
June
Jan.
Dec.
Jan.
Jan.
July
Oct.
Nov.
Nov.
Mar.
July

300,000
25,000
50,000
50,000
50,000
100, 000
100,000
100,000
50,000
100,000
50,000
25,000
25, 000
150, 000
25,000
100,000
30,000
250,000
25,000
50,000
30,000

2,012, 000
130, 000
156, 500
276, 375
158, 250
1, 058,000
1, 300, 000
287,000
1, 239, 993
788, 000
257, 000
43, 750
44,250
189, 000
92, 750
300,500
91,132
72, 500
51, 250
95,000
47,400

500,000
50, 000
50, 000
75,000
75, 000
150, 000
500, 000
150, 000
400, 000
200,000
100, 000
50,000
25,000
150, 000
25,000
100, 000
50,000
250, 000
50, 000
50,000
30, 000

-—do
—do
.do.
July 11,1932
July 12,1932
July 14,1932
do.
July 15,1932
July 18,1932
.do.
_do_
_do_
-doJuly 21,1932
July 22,1932
July 27,1932
do
do
July 28,1932
July 30,1932
Aug. 1,1932

1202
6295
7521
1496
10062
1172
2327
5392
2910
4836
6319
8063
9634
10129
8052
3767
7451
12042
7563
9715

26,1865
31.1902
20,1904
3,1865
29.1911
9,1865
31,1876
21,1900
16,1883
20,1892
21,1902
4,1906
22.1909
10.1912
10,1906
20,1887
10,1904
14,1921
19.1904
17.1910
15.1905

6,000
18,000
6,250

232, 536
507,939
895,084
1, 344,928
762, 539
376,468
439, 793
94,732

30,000
21,939
57, 500
407, 760
177, 234
55, 840
192, 679
20,000

27, 320
50,000
24,760

3,729,097
523,112
146,345
130,878

2,061,344
166,119
59,897
54, 431

299,997

299,997

969,017
2,023,106

41,800
51, 604
104,373
989,617

25,000

25,000

25,000
49,280

25,000
49,280

198, 200
40,000

198, 200
50,000

50,000
49, 460

50,000
49, 460

72,600
149,100
49, 700
97, 660

73,800
149, 100
49, 700
97, 660

197,600

197,600

25,000
24,700

25,000
24,700

48,860
48,077

6,500
48,860
48, 077

34, 280

34, 280

100,000

100, 000

99, 700
100,000

99,700
100,000

27, 320
49,340
24,760

3,133,265
302,752
177,823
584,961
119,415
227,890
145,041
462, 294
2, 602,460
912,123

729,450
81,400
63,962
119, 322
12,800

128,123
385, 585
1,480, 573
217, 587
1, 054, 436
3, 495, 517
1,165,325
4, 531, 689
556,907

148, 699
30,155
222,000
64, 395
298, 520
921, 350
206, 382
717,150
284,245
374,176
69, 723
82, 029
202, 022
29,600
99, 984
59, 842
411, 752
70, 500
82,880
31,140

400, 948
137, 718
1,674
669, 769
208,857
326,850
425, 243
588,424
221,886

105, 609
299, 558
325,879

TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1933, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con.
Organization

Name and location of bank

Buchanan County National Bank, Independence, IowaFirst National Bank in Sioux Rapids, Iowa
First National Bank, Adams, Minn
First National Bank, Northwood, Iowa
Boise City National Bank, Boise, Idaho
First National Bank, Qulfport, Miss.1
First National Bank, Eldora, Iowa
First National Bank, Ackley, Iowa
First National Bank, Milton, N.Dak
First National Bank, Aurora, 111.1
First National Bank, Mount Olive, 111.1
First National Bank & Trust Co. in Pontiac, Mich.1....
National Bank of Unionville, Unionville, Mo
First National Bank, Sevierville, Tenn
First National Bank, Silver ton, Oreg
First National Bank, Indianola, Iowa
First National Bank, Lawrenceville, 111
Twin City National Bank, Bluefield, Va
First National Bank, George West, Tex
First National Bank, Marengo, 111
Broadway National Bank of Chicago, Chicago, 111.1
Citizens National Bank, Indiana, Pa
Parma National Bank, Parma, Idaho
First National Bank, Northboro, Iowa
First National Bank, Yukon, Pa
Ashland National Bank, Ashland, Ky.1
American National Bank, Gillespie, 111.1
Springfield National Bank, Springfield, Pa
First National B ank, C airnbrook, Pa
First National Bank, Wendell, Minn
First National Bank, Peetz, Colo
First National Bank, Emporium, Pa
First National Bank, Frazee, Minn
First National Bank, Letcher, S.Dak




Charter
no.

13188
13400
8059
8373
3471
6188
5140
8762
6518
38
7350
12288
13268
12440
11106
1811
5385
7782
12919
1870
12323
7993
11556
9015
12808
2010
12314
13031
10704
11523
3255
7024
9188

Date

Total
dividends
paid during existence as a
Capital national
banking
association

Mar. 15,1928 $125,000
Nov. 8,1929
50,000
Jan. 11,1906
25,000
$72, 075
50,000
Aug. 20.1906
77, 750
50,000
Mar. 9,1886
793, 500
Feb. 1,1902 100,000
595,750
Aug. 22,1898
50,000
265,000
50,000
May 30.1907
116,000
25,000
Oct. 25,1902
38, 250
50,000 1,370,925
June 20,1863
25,000
July 15.1904
115,200
Dec. 15,1922 200,000
446,000
40,000
Dec. 12,1928
60,000
Sept. 1,1923
22,200
35,000
Nov. 21,1917
38,500
50,000
272,000
Nov. 15,1870
25,000
May 4,1900
25,000
May 13.1905
23, 750
50,000
Mar. 30.1926
7,500
50,000
Aug. 8,1871
338,000
Nov. 25,1922 200,000
67,000
50,000
Nov. 27,1905
28, 750
25,000
Oct. 11,1919
11,500
25,000
Jan. 17.1908
88, 250
30,000
600
Aug. 8,1925
June 22,1872 300,000 1, 788,100
50,000
35,000
Feb. 2,1923
50,000
Jan. 12.1927
25,000
395, 000
Nov. 21,1914
25,000
19,1916
12,500
Aug.
25, 000
3,750
Oct. 27,1919
50,000
23,1884
Sept.
428,000
25,000
Oct. 2,1903
96,700
25,000
48, 750
May 25,1908

Failures

Capital

$125, 000
50,000
30,000
50,000
375, 000
400,000
50,000
50,000
25,000
300,000
70,000
600,000
40,000
60,000
35,000
50,000
100,000
50,000
50,000
50,000
200,000
50,000
25,000
25,000
30,000
800,000
50,000
50,000
25,000
50,000
25,000
200,000
30,000
25,000

Receiver
appointed

Aug. 1,1932
do.
Aug. 8,1932
do
Aug. 9,1932
do.
Aug. 10,1932
do
Aug. 11,1932
Aug. 12,1932
do
_-_do
Aug. 13,1932
do.
Aug. 15,1932
Aug. 20,1932
Aug. 22,1932
do
Aug. 24,1932
Aug. 29,1932
Sept. 7,1932
Sept. 12,1932
do.
Sept. 16,1932
Sept. 20,1932
Sept. 22,1932
do__
.—do
Sept. 23,1932
do
Sept. 24,1932
do
Sept. 26,1932
Sept. 27,1932

Borrowed
money
(bills
CirculaLawful tion out- Total depos- payable,
redismoney standing its at date
counts,
of failure
deposited at date
etc.) at
of failure
date of
failure

$49,100
29, 520
49,700
248,080

$49,100
29,520
49,700
248,080

$795, 312
155, 510
283, 692
197,957
2, 365,834

35,720
24,820

35,720
24,820

371,924
376,739
50,375

39,700

373,180
39,700

~24,~766"

24,700

50,000
49,100
48, 380
12,500

50,000
49,100
48, 380
12,500

50,000

50,000

~25,~666~

~25,~666"

24,460
25,000

24,460
25,000

197,117
29,700
25,000

197,117
29,700
25,000

90,295
223,140
218, 230
365,052
596,472
89,066
204,783
535,967
705,941
83,048
111, 127
76,847
85,505
207,581
69,154
34,768
1,180, 669
309, 972

$233,515
48,796
82,396
35, 610
181,149
2,319,135
48,300
93,200
21,026
555, 000
199,841
5, 353,850
19,000
41,180
40,138
90,315
106,915
46,534
56,880
92,439
76,168
37,850
45,394
40,250
478,625
146,283
31,966
71,000
50,684
44,000
163,933
37,500
37, 794

to
to

o

Central National Bank, Decatur, Ala.1
Brown National Bank, Jackson, Minn
Citizens National Bank, Wessington, S.Dak_
First National Bank, Vincennes, Ind_.
Andalusia National Bank, Andalusia, Ala
Liberty National Bank, Dickson City, Pa
First National Bank, Lewisville, Ind
First National Bank, Mazon, 111
First National Bank, Egan, S.Dak
First National Bank, Story City, Iowal
First National B ank, Wyoming, Iowa 1
First National Bank, Gormania, W.Va.
First National Bank, Greensburg, Kans
First National Bank, Scappoose, Oreg
Homer City National Bank, Homer City, Pa
First National Bank, Reynolds, Ga
First National Bank, Palestine, 111
First National Bank, La Grande, Oreg.3____
First National Bank, Springfield, Oreg
Masontown National Bank, Masontown,
Pa.*
First National Bank, Portsmouth, Va.1
United States National Bank, Deer Lodge, Mont
McDowell County National Bank, Welch, W.Va.L...
Schmelz National Bank, Newport News, Va.1
National Citizens Bank, Lake Benton, Minn
First National Bank, Crosby, N.Dak
First National Bank, Flandreau, S.Dak
First National Bank, St. Francis, Kans
Farmers National Bank, Gonzales, Tex
Diamond National Bank, Pittsburgh, Pa
Dawson City National Bank, Dawson, Ga
Park National Bank, Sulphur, Okla
First National Bank, Allen, Okla
Duquesne National Bank, Pittsburgh, Pa
Shawnee National Bank, Shawnee, Okla
First National Bank, McLoud, Okla
United States National Bank & Trust Co., Kenosha,
Wis.
Tecumseh National Bank, Tecumseh, Okla
First National Bank, Washington, Mo
First National Bank, Ocean City, N.J
Painesville National Bank, Painesville, Ohio
L_
1
Granville National Bank, Granville, N.Y.
1
First National Bank, Rensselaer, Ind
First National Bank, Dillwyn, Va 1
Ayers National Bank, Jacksonville, 111
City National Bank, Georgetown, Tex
First National Bank, Webster City, Iowa1
Belmont National Bank, Belmont, Ohio
Gadsden National Bank, Gadsden, Ala
First National Bank, Lincoln, Ala
Footnotes at end of table, p. 229.




10423
7797
12888
1873
11955
12459
5526
10186
7252
9017
1943
8751
10557
10992
8855
9615
8892
13602
8941
6528
9300
9899
9071
11028
6696
10596
5854
11857
8392
2236
6496
9046
9620
2278
5115

July
May
Feb.
July
Apr.
Oct.
June
Apr.
Apr.
Jan.
Jan.
Apr.
June
Apr.
July
Dec.
July
Mar.
Oct.
Nov.
Dec.
Nov.
Feb.
June
Mar.
Apr.
May
Sept.
Sept.
Mar.
Sept.
Feb.
Nov.
May
Mar.
Mar.

10.1913
17.1905
8,1926
15.1871
9,1921
24,1923
7,1900
16,1912
23,1904
15,1908
27.1872
11,1907
5,1914
17,1917
20,1907
1,1909
23.1907
7,1932
9.1907
19.1902
9.1908
9,1910
20.1908
25,1917
16.1903
29.1914
29,1901
18,1920
13.1906
22,1875
11,19C2
3,1908
24.1909
25,1875
1,1898
2,1903

100,000
154, 500
40,000
50, 398
30,000
100,000
672,000
200,000
128,000
100,000
18,000
25,000
81,475
35,000
110,000
25,000
47, 250
25,000
166, 750
50,000
211, 250
25,000
34,000
25,000
92,475
25,000
13,000
50,000
51,000
25,000
45, 625
25,000
43,500
125,000
25,000
35,050
25,000
229,000
100,000
345,000
50,000
160, 500
100,000
567,000
200,000
282, 000
25,000
41,000
25,000
8,500
25,000
111, 285
25,000
35,000
50,000
186, 500
200,000 3, 700, 333
65,000
254,500
25,000
59,800
25,000
61, 750
200,000 2,236, 500
50,000
720,000
25,000
102,750

200,000
40,000
30,000
200,000
200,000
100,000
35,000
50,000
25,000
75,000
50,000
25,000
40,000
25,000
50,000
25,000
25,000
125,000
25,000
100,000
300,000
100,000
250,000
400,000
25,000
25.000
40,000
25,000
100,000
600,000
100,000
25,000
25,000
500,000
150,000
25,000

12351
10304
5388
6060
2842
4985
6651
11480
5763
12680
1874
6391
8560
10131

Mar.
Dec.
May
Oct.
July
Jan.
Feb.
Sept.
Mar.
Apr.
Aug.
July
Jan.
Jan.

31,1923
14,1912
12,1900
23,1901
26,1882
30,1895
16,1903
11,1919
25.1901
6,1925
10,1871
26.1902
25.1907
23,1912

100,000
25,000
25,000
50,000
200,000
50,000
30,000
50,000
200,000
50,000
50,000
25,000
125,000
25,000

200,000
25,000
25,000
300,000
150,000
50,000
120,000
50,000
500,000
50,000
100,000
25,000
125,000
25,000

134,000
25,250
63,375
463,000
504,500
158,750
202,800
978,000
7,000
517,715
35,875
151,875
16,500

Oct. 1,1932
Oct. 3,1932
do
do_
Oct. 5,1932
Oct. 6,1932
Oct. 8,1932
do
Oct. 10,1932
__. do
Oct. 11,1932
do
Oct. 12,1932
Oct. 18,1932
do
Oct. 20,1932
do
Oct. 22,1932
_- - do -.- .Oct. 24,1932
do
Oct. 25,1932
do
Oct. 27,1932
Oct. 28,1932
Nov. 1,1932
Nov. 3,1932
do
Nov. 4,1932
Nov. 14,1932
1 _. do
do
do
Nov. 15,1932
do
do_

25,000

25,000

200,000
24,160
19,820
50,000
25,000
74,997

19,980
200,000
25,000
19,820
50,000
25,000
74,997

143,272
152,171
899,703
769, 705
282,243
207,054
74,687
96,540
407,206

9,820
23,920
48,920
24,340
12,500

9,820
23,920
48,920
24,340
12,500

158,781
105,379
433,152
73,729
198,727

6,250

6,250

90,298

12,500

12,500

421,439

24,760

25,000

39,700

39,700

97,240
295,320
100,000
25,000

97, 240
295,320
100,000
25,000

493,337
50,000
7,000

493, 337
50,000
7,000

188,910
104,870
263,834
228,479
366,917
9, 605,721
162,938
156,072
106,313
4,096,735
1,935,232
95,325

175,000
„ do.
Nov. 18,1932
25,000
- do
do
300,000
Nov. 21,1932
. do
do__
do
492,740
_. do
do
Nov. 30,1932 100,000
Dec. 1,1932
do
. 67,500
do
24,760

175,000
25,000
300,000

895,548
275,283
672,870
1,629,885

0)
492, 740
100,000

5,090,458
87,167
489,542

102, 750
24,760

737, 629
15,492

292,089
72, 532
63, 574
465, 074
459, 529
125,820
59,436
37,625
53,295
81,750
50,925
71,634
111, 484
32,364
30,610
43,354
31,915
14,500
301,327
147,525
284,597
400,000
44,591
29,036
83,437
51,760
120,218
1,500,350
294,689
2,285,844
62,585
287,142
19,312
50,000
965,408
191,000
172,602
26,156
742,146
49,088
91,613
27,038
199,999
39,683

TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 31, 1933, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money
deposited vrith Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con.
Organization

Name and location of bank

First National Bank, Woodlake, Calif
First National Bank, Ephrata, Wash
First National Bank, Faulkton, S.Dak
Reno National Bank, Reno, Nev
First National Bank, Winnemucca, Nev
Enumclaw National Bank, Enumclaw, Wash*
Public National Bank <fe Trust Co., Houston, Tex*._
Merchants National Bank, Wadena, Minn
First National Bank, Motley, Minn
First National Bank, Fort Gaines, Ga
Allenwood National Bank, Allenwood, Pa. 1
First National Bank, Chester, W.Va
First National Bank, Marshfield, Wis
First National Bank, Iowa Falls, Iowa
Mills County National Bank, Glen wood, Iowa
First National Bank, Rocksprings, Tex
Citizens National Bank, Glenwood Springs, Colo
First National Bank, Ortonville, Minn
First National Bank, Hermosa Beach, Calif--Winder National Bank, Winder, Ga
First National Bank, Centerline, Mich
First National Bank,.Russiaville, Ind
Putnam National Bank, Palatka, Fla
_
_.
First National Bank, Herrin, 111
Third National Bank, Mount Vernon, 111
First National Bank, George, Iowa
First National Bank, Englewood, Kans
__
First National Bank, Monrovia, Ind
Citizens Security National Bank, Sisseton, S.Dak___
First National Bank, Ell wood City, Pa
First National Bank, Fowler, Kans
First National Bank, Greenfield, 111
First National Bank, St. Marys, Kans
First National Bank, Yale, Mich




Charter
no.

Date

10309
11247
10961
8424
3575
12143
12055
4916
7764
6002
11593
6984
4573
3252
1862
11634
6957
6459
12209
10805
13240
5524
4813
5303
5689
9910
9097
6354
6395
4818
9595
8473
3374
5482

Dec. 7,1912
Aug. 26.1918
Feb. 19,1917
Oct. 20,1906
Sept. 27,1886
Mar. 13,1922
Nov. 7,1921
May 15,1893
May 13,1905
Oct. 3,1901
Nov. 27.1919
Oct. 9,1903
May 18.1891
Aug. 28,1884
Aug. 11,1871
Feb. 27.1920
Sept. 9,1903
Oct. 4,1902
Mar. 10,1922
Oct. 16,1915
Aug. 28,1928
June 23,1900
Oct. 22.1892
Apr. 11.1900
Jan. 12.1901
Dec. 5,1910
Mar. 21.1908
Apr. 25.1902
Aug. 18,1902
Oct. 22,1892
Oct. 26.1909
Nov. 28,1906
July 29,1885
June 8,1900

Total
dividends
paid during existence as a
Capital national
banking
association
$25,000
$12,000
25,000
25,000
23,000
500,000 1,363,500
50,000
939,660
50,000
42,000
300,000
129.499
50,000
349,750
25,000
69,000
30,000
107,650
25,000
4,000
50,000
55,500
50,000
285, 550
50,000
311,500
65,000
541,125
35,000
7,000
25,000
118.500
25,000
92,500
50,000
19,500
100,000
181,000
50,000
25,000
103,375
50,000
297,000
25,000
316, 250
50,000
521,542
25,000
24,000
25,000
49,000
25,000
44,400
50,000
173,000
100,000
341,025
25,000
59,500
55,000
148, 500
50,000
205,250
35,000
107,550

Failures

Capital

$25,000
25,000
25,000
700,000
200,000
50,000
800,000
100,000
25,000
50,000
25,000
50,000
150,000
50,000
65,000
35,000
50.000
50,000
50,000
100,000
50,000
25,000
100,000
50,000
150,000
25,000
25,000
30,000
50,000
125,000
25,000
55,000
50,000
40,000

Receiver
appointed

Dec. 2,1932
do
Dec. 8,1932
Dec. 9,1932
Dec. 10,1932
Dec. 12,1932
Dec. 13,1932
Dec. 16,1932
do
Dee. 19,1932
Dec. 22,1932
do
Dec. 27,1932
do
Dec. 28,1932
Dec. 29,1932
do
do
Dec. 30,1932
.-_do
do
Dec. 31,1932
.—do
Jan. 3,1933
Jan. 4,1933
do.
Jan. 5,1933
do_
Jan. 10,1933
do._
do__
Jan. 12,1933
do

Borrowed
money
(bills
CirculaLawful tion out- Total depos- payable,
redismoney standing its at date
counts,
deposited at date
of failure
etc.) at
of failure
date of
failure
$7,000

$7,000

665,000
82,000

665,000
82,000

49,760
24,700

49, 760
24,700

50,000
147,180
49, 580
41,250

10,320
50,000
147,180
49,580
41,250

96,580

25,000
49, 640
96,580

22,695
49,460
49,695
100,000
24,640

25,000
49,460
49, 695
100,000
24,640

24,760
39,760
100,000
24,640
15.000
50,000

24, 760
39,760
100,000
24, 640
15,000
50,000
40,000

25,000

$92,593
83,934
137,536
4,020,537
1,592,412
3,265
509,051
76,411
41,728
282,302
1,041,644
278,645
277,219
36, 726
411,533
545,910
222,417
220,005
230, 634
85,834
1,062, 700
1,164, 606
2,317,165
148, 583
39,404
105,924
198, 280
864,029
79,143
455, 666
169,323
304,892

$10,000
35,843
67, 942
3,261,216
204,610
50,000
3,051,013
93,201
24,503
54,046
17,894
86,184
260,495
14,050
80,734
42,286
95,000
69,190
38,330
98,666
10,000
21,469
291,068
106,068
43,439
57,877
10,525
89,577
447,849
41, 595
21, 500
67,639
31,951

to
to
to

First National Bank, Sodus, N . Y
First National Bank, Anna, 111
First National Bank, Littleton, Colo
St. Louis National Bank, St. Louis, Mo
First National Bank, Maryville, Tenn
Jackson National Bank in Jackson, Minn
First National Bank in Mamaroneck, N.Y
Liberty National Bank, Marine City, Mich
First National Bank, Algonac, Mich
Arlington National Bank, Arlington, Oreg
First National Bank, Wheaton, 111
Snell National Bank, Winter Haven, Fla. 1
Twelfth Street National Bank, St. Louis, Mo
Farmers National Bank, Taylorville, 111
East Tennessee National Bank, Knoxville, Tenn
First National Bank, Madison, Nebr
First National Bank, Buffalo Center, Iowa
Security National Bank, Alexandria, S.Dak 1
California National Bank, Sacramento, Calif
First National Bank, Wellington, Colo
Commercial National Bank, Columbus, Nebr
First National Bank, Morristown, Tenn
First National Bank, States ville, N . C
Chelsea—Second National Bank & Trust Co., Atlantic
City, N . J .
National Exchange Bank, Waukesha, Wis.i
First National Bank, Manilla, Iowa
First National Bank, Craig, Nebr
Atlantic City National Bank, Atlantic City, N.J
First National Bank, Steelville, Mo
City National Bank, Oshkosh, Wis
First National Bank, Roodhouse, 111
First National Bank, Leigh, Nebr
First National Bank, Ballston Spa, N.Y.i
Lincoln Park National Bank, Lincoln Park, Mich
First National Bank, Heppner, Oreg
Farmers & Stock Growers National Bank, Heppner,
Oreg.
Pleasantville National Bank, Pleasantville, N.J
First National Bank, Ridgway, 111
First National Bank, Secor, 111
Citizens & Security National Bank, St. James, Minn-.
Nokomis National Bank, Nokomis, 111
First National Bank, North Bend, Nebr
First National Bank, Lumberton, Miss
First National Bank, Huntsyille, Tenn
Citizens National Bank, Irwin, Pa. 1
Union National Bank, Fremont, Nebr
Ashland National Bank, Ashland, Wis
Northern National B ank, Ashland, Wis
Bozeman Waters National Bank, Poseyville, Ind. 1
Footnotes at end of table, p . 229.




9418
4449
7533
12216
10542
13269
13592
11260

60,000
_do.
99,600
30,000
50,000
..do.
299, 250
50,000
25,000
do
90,500
25,000
200,000 Jan. 13,1933
44,000
200,000
100,000
do
127,175
50,000
40,000 Jan. 16,1933
5,200
40,000
250,000
do
150,000
50,000
50,000 Jan. 17,1933
73,000
30,000
do.
5,700
30,000
25,000 Jan. 19,1933
102,350
50,000
50,000
do
129,000
25,000
200,000
do
252,100
30,000
300,000 — .do
300,000
100,000
100,000
221,000
.do100,000 2,834,000 2,000,000 Jan. 20,1933
100,000
do
50,000
320, 000
50,000
do50,000
138,000
30,000 Jan. 21,1933
30,000
27, 000
do.
1,000,000 2,982, 771 2,000,000
25,000 Jan. 24,1933
25,000
28,850
50,000
do
50,000
214,000
100,000 Jan. 25,1933
50,000
477, 500
100,000 Jan. 27,1933
50,000
309, 732
600,000 ..—do.
100,000
691,000

3918
9368
10379
12491
5410
2049
3773
5154
10187
8504
7793
5180
3432
3682
5884

Apr.
Sept.
Dec.
June
Mar.
Dec.
Jan.
Oct.
Feb.
June
Mar.
Apr.
Jan.
May
Aug.
Aug.
Oct.
Apr.
Dec.
June
Jan.
Jan.
Feb.
May

1,1922
21,1914
26,1928
15,1932
7,1918
24,1926
28,1888
6,1909
22,1913
12,1924
18.1900
23,1872
1,1887
20.1898
13,1912
18.1906
3,1905
17.1899
4.1886
8.1887
20.1901

2647
5873
9591
2527
8914
9347
8637
9831
954
12999
3774
11007

Feb.
June
Oct.
Mar.
July
Jan.
Mar.
Oct.
Mar.
July
July
Apr.

14,1882
14,1901
25.1909
24,1881
31.1907
9,1909
27..1907
12.1910
6,1865
3,1926
26,1887
28,1917

450,842
50,000
25,000
51, 250
25,000
66,750
50,000 1, 503,860
25,000
71,500
200,000
602, 400
50,000
90, 750
50,000
184,000
100,000
480, 500
100,000
239,404
50,000
50, 000
12, 500

200,000
25,000
25,000
300,000
25,000
300,000
50,000
50,000
100,000
100,000
100,000
50,000

. — .do
Jan. 30,1933
do
do
do
Jan. 31,1933
Feb. 1,1933
Feb. 2,1933
.do..
—do
do
.—.do

12510
9439
6007
7021
1934
3059
5613
10192
5255
3188
3196
3607
8149

Feb.
May
Oct.
Sept.
June
Sept.
Sept.
May
Jan.
May
May
Nov.
Mar.

20,1924
7,1909
21,1901
24,1903
9,1872
8.1883
25.1900
4,1912
16,1900
12,1884
3.1884
20,1886
15,1906

100,000
25,000
25,000
25,000
50,000
50,000
25,000
25,000
50,000
60, 000
50,000
100,000
50,000

100, 000
25,000
25,000
80,000
75,000
50,000
50,000
25,000
100,000
150,000
100,000
100,000
50, 000

Feb. 4,1933
.do
Feb. 6,1933
do
Feb. 9,1933
.do
do
do
Feb. 10,1933
Feb. 13,1933
do
do
do

12944

17,1909
13,1890
9,1904

14,000
26, 750
50, 250
140,900
480, 925
171, 500
207,000
11, 250
323, 500
422, 420
406, 500
651,000
106, 500

24,700

589,428
615, 518
325,113
1, 265,769
573,249
205,704
1, 944,442
423,629
205,709
91,820
452,759

300,000
100,000
606,606 1,000,000
63, 980
49, 997
49, 997

853,966
1, 288,085
9,139, 589
355,238
71,163

1, 720,000
25,000
49,640
75,000
100,000
300,000

11, 258,781
58, 111
368,128
1,028,225
421,555
5,439,556

48,800
25,000
96,520

60,000
43, 800
25,000
96, 520
96,520
50,000
34,100
19, 280

50,000

~15"666

35,000
27, 500

49,100

25,000
24,700
296,100
6,250
165,000
50,000
37,200

273,150
122,481
31,482
473,029
146,800
64, 239
1,410,856
97,388
63,085
29,262
114,042
136,445
351,160
106, 695
8,917,603
207,688
20,243
36,309
2,119,977
19, 219
67, 571
262, 262
168,800
4,575, 657

203,499
156, 792
26, 642
61,755
94,349
7,674.055 3, 662, 258
41,000
209, 308
110,000
2, 679, 849

100,000
25,000

279, 652
305,040
87,997

100,000
25,000
25,000
50,000
75,000
49,400
49,100
6,250

288,891
73,144
99,154
298,421
674, 399
145, 369
305, 253
64, 950

149, 280
99,400
99,100

525, 264
1,515,954
998,004

82,529
85,839
87,096
60, 774
25, 641
122, 669
10, 500
48, 451
119, 986
156, 658
27, 207
97, 089
6,759
102, 200
85, 648
205, 879
198, 483
67, 705

TABLE N O . 42.—National banks in charge of receivers during year ended Oct. 81, 1933, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con.
Organization

Name and location of bank

First National Bank, Pitsburg, Ohio 1
._.
First National Bank, Sioux Rapids, Iowa 1
Sunrise National Bank & Trust Co., Baldwin, N.Y..
First National Bank, Oceanside, Calif
First National Bank, Carlsbad, Calif
First National Bank, LeSueur, Minn
Citizens National Bank, New Brunswick, N.J
McDaniel National Bank, Springfield, Mo.1
Fort Collins National Bank, Fort Collins, Colo
First National Bank, Avon-by-the-Sea, N.J.1
Commercial National Bank, Washington, D.C
Marlin-Citizens National Bank, Marlin, Tex
Smith National Bank, St. Edward, Nebr
First National Bank, Rockport, Ind
Liberty National Bank, Pawhuska, Okla.i
National Exchange Bank, Chester, S.C.5
First National Bank, The Dalles, Oreg5
First National Bank, Hampstead, Md.
Continental National Bank, Indianapolis, Ind.1
Broad Street National Bank, Red Bank, 7N.J.7
Cherokee National Bank, St. Louis, Mo. 6
'__
American National Bank, Rushville, Ind.
Central National Bank, Oakland, Calif.7
Guardian
National Bank of Commerce, Detroit,
Mich.7
First National Bank, Detroit, Mich.7
7
First National Bank, Kitzmillerville, Md.
First National Bank, Massillon, Ohio 7
Citizens National Bank, Greeneville,7 Tenn.7
First National Bank, Silverton, Tex.
Citizens National Bank, Frostburg, Md.7
Citizens National Bank, Appleton, Wis.*5
Citizens National Bank, Richmond, Ky.
Britton & Koontz National Bank, Natchez, Miss. 7 ...
National Loan & Exchange Bank, Columbia, S.C.7—_




Charter
no.

9563
9585
13062
8069
13049
7199
12468
10074
5503
12422
7446
5606
5793
6194
11314
8471
3441
9755
9537
11553
12643
12420
9502
8703
10527
8302
216
13482
8816
4926
4937
7653
12537
6871

Date

Capital

Sept. 21.1909
Oct. 23,1909
Apr. 5,1927
Dec. 21.1905
Mar. 5,1927
Mar. 9,1904
Aug. 7,1923
Aug. 11,1911
June 11.1900
July 23,1923
Oct. 18,1904
Sept. 28,1900
Apr. 23.1901
Apr. 3,1902
Feb. 5,1919
Dec. 4,1906
Dec. 28,1885

$25,000
50,000
75,000
25,000
25,000
25,000
250,000
100,000
50,000
25,000
300,000
50,000
25,000
35,000
100,000
100,000
50,000
25,000
400,000
100,000
200,000
100,000
1,000,000
750,000

Total
dividends
paid during exist
ence as a
national
banking
association

Failures

Capital

Receiver
appointed

Apr.
July
Nov.
Feb.
July
Aug.
Apr.

13.1910
20,1909
19,1919
9,1925
28.1923
4,1909
24,1907

$25,000
50,000
100,000
100,000
25,000
25,000
250,000
300,000
100,000
50,000
1,000,000
200,000
50,000
35,000
100,000
100,000
200,000
50,000
400,000
150,000
200,000
100,000
1,200,000
10,000,000

13,1933
do
14,1933
15,1933
do
.-..do
Feb. 16,1933
Feb. 17,1933
Feb. 23,1933
Feb. 27,1933
Feb. 28,1933
M a r . 1,1933
M a r . 3,1933
do.
M a r . 8,1933
M a r . 9,1933
M a r . 10,1933
.doApr. 8,1933
Apr. 15,1933
Apr. 22,1933
Apr. 25,1933
May 8,1933
May 11,1933

Apr.
June
Jan.
July
June
May
June
Feb.
Apr.
July

22,1914 5,000,000 15, 664,708 25,000,000
25, 250
25,000
25.1906
25,000
514,500
300,000
8,1864
175,000
6,000
75,000
11,1930
75,000
58,184
30,000
13.1907
30,000
50,000
24,1893
50,000
180, 500
573, 250
250,000
1,1893
150,000
100,000
8,1905
100,000
182,000
30,000
100,000
30.1924
100,000
500,000
4,1903
500,000

do
May 19,1933
May 23,1933
June 3,1933
June 5,1933
June 8,1933
June 23,1933
June 26,1933
July 1,1933
July 5,1933

$11,375
54,500
79,950
50,500
20,000
325, 000
146, 500
1, 996, 250
176,500
62, 652
54,775
56,000
185,000
508,500
62,000
402,000
130, 500
29,000
49,000
2,027, 750
6,032, 500

Borrowed
money
Circula(bills
Lawful tion out- Total depos- payable,
money standing its at date
redisdeposited at date
of failure
counts,
of failure
etc.) at
date of
falure

Feb.

Feb.
Feb.

$299,645
427,361
89, 557
284,451
931,445

100,000

208, 579

984,400
93,700
25,000
35,000

10,147, 360
658,934
244,166
175,958
9,009
464, 697
1, 507,174
769,103

100,000
91, 660
44,040

1,946,851
1,127,985

24,820
468,374
1,149, 900 * 17,916, 585
4,834, 240 110,603,100
$18,730

200,000

$21,000
51,196
235,683
141,634
10,645
68,208
671,691
981,500
29,165
86,000
2,198,968
259,679
84,908
77,100
12,862
194,033
637,810
70,498
110,000
508, 522
482,891
110, 715
(4)
91,839

9, 351, 060 398,763,166 16, 250,000
24,980
210,058
5,000
281,460 < 2,259, 219
* 338,550
75,000
706, 253
596, 295
6,840
102,037
88,714
49, 580 4 1,126, 762
* 194, 741
67, 380
100,000
390,000

(4)
554,057
* 1, 541, 661
* 2,096, 617

Vo,ooo
* 194,293
< 459,593

to
to

First National Bank, Claxton, G&J
City National Bank, Huntington Park, Calif.?
First National Trust & Savings Bank, Chico,
Calif.?,.
7
First National Bank, Garden City, Kans.
First National Bank, Franklin, N.Y.7 7
Pelbam National Bank, Pelham, N.Y.
Douglaston National Bank, New York, N.Y.7
First National Bank in Lott, Tex.? 7
First National Bank, Augusta, Kans.
First National Bank, Kingfisher, Okla.s
Farmers National Bank, Henderson, Iowa7
First National Bank, Farnhamville, Iowa
First National Bank, Ripley, Tenn.*
First National Bank, Rialto, Calif.7
Athol National Bank, Athol, Mass.?7
First National Bank, Everly, Iowa
Brasher Falls National Bank, Brasher Falls,7 N.Y.7.___
Millers River National Bank, Athol, Mass.
Mount Holly National Bank, Mount Holly, N.J.7
Larchmont
National Bank & Trust Co., Larchmont,
N.Y.7
Central National Bank, Spartanburg,
S.C.7
Peoples National Bank, Delta, Pa.7 7
First National Bank, Burnside, Ky.
1
First National Bank, Jefferson City, Mo.
7
Ansted National Bank, Ansted, W.Va.
7
First National Bank, Ansonia, Ohio
Millersville National Bank, Millersville,7 Pa.7
Citizens National Bank, Mulberry, Ind.
First National Bank, Hoopeston, 111.7
First National Bank, Albany, Oreg.7 7
First National Bank, Clintonville, Wis.
First National Bank, Mebane, N.C.7
First National Bank, Oakley, Kans.7
7
Rockland National Bank, Rockland, Maine
Trinidad National Bank, Trinidad, Colo.7
Montezuma Valley National Bank, Cortez,
Colo.7
First National Bank, Gig Harbor, Wash.7 7
South Side National Bank, St. Louis,
Mo.
First National Bank, Eutaw, Ala.7
First National Bank, Verona, Pa.7
7
Citizens National Bank, Monticello, Ky.
First National Bank, Dunkirk, Ohio 7 7
Peoples National Bank, Seymour,7 Mo.
First National Bank, Ellis, Kans. __
.._
First National Bank, Oberlin, La.7 7
First National Bank, Fairmont, N.C. _
Maple Shade National Bank, Maple Shade, N.J.7 7
Union and Peoples National Bank, Jackson,
Mich. ..
First National Bank, Haverhill, Mass.77
Essex National Bank, Haverhill, Mass.
Footnotes at end of table, p. 229.




10333
12988
8798
3448
282
11951
13115
13647
6643
5328
7382
11907
10449
8768
2172
7828
10943
708
1356

Feb.
Aug.
July
Nov.
Dec.
Mar.
June
Nov.
Feb.
Apr.
Mar.
Deo.
Sept.
July
Mar.
June
Oct.
Dec.
June

10,1913
6,1926
8,1907
16,1885
24.1863
18,1921
21,1927
17,1932
9,1903
25,1900
7,1904
6,1920
6,1913
3,1906
6,1874
17,1905
16,1916
15.1864
1,1865

25,000
36,250
100,000
13,000
50,000
168, 500
50,000
224, 500
63,000
313, 041
50,000
57,000
100, 000
25,000
25,000
120,500
82,000
25,000
63, 500
25,000
55,600
40,000
48,500
25,000
128,000
25,000
229,000
100,000
79,500
25,000
25, 250
25,000
150,000 1,080, 750
571,000
100,000

50,000 July 11,1933
125, 000 July 13,1933
150,000 July 18,1933
50,000 July 21,1933
do
50,000
200,000 . _ do ___
100,000
do
25,000 July 25,1933
75,000 July 27,1933
do
25,000
25,000 July 28,1933
40,000
do
25,000
do
75,000 Aug. 2,1933
100,000 Aug. 3,1933
25,000
do
25,000
do
150,000 Aug. 4,1933
100,000
do

6019
4996
5198
8903
1809
8904
9194
9259
10234
2808
2928
6273
11697
10041
1446
3450
9100
13057
13264
3931
4877
6419
6628
9932
10987
11324
12009
12428
1533
481

Oct. 28,1901
Apr. 17,1895
May 16,1899
Aug. 10,1907
Mar. 16,1871
Sept. 11,1907
June 16,1908
Apr. 10,1908
Apr. 26,1912
Sept. 26,1882
Apr. 4,1883
May 19,1902
Apr. 14,1920
May 25,1911
June 24,1865
Jan. 23,1886
Feb. 26,1908
Jan. 26,1927
Dec. 5,1928
Oct. 5,1888
Feb. 24,1893
Sept. 2,1902
Feb. 9,1903
Jan. 19,1911
Apr. 17,1917
Mar. 11,1919
Aug. 19,1921
June 27,1923
June 28,1865
June 23,1864
Nov. 7,1864

50,000
151,000
943,000
100,000
101, 500
50,000
55, 500
25,000
595, 415
75, 000
68,136
35,000
19,750
25,000
14,000
25,000
48,000
50,000
505, 314
50,000
608,400
50,000
190, 220
25,000
15,000
50,000
95, 700
40,000
150,000 1,156, 500
376,000
50,000
108, 600
30,000
1,125
25,000
315,000
200,000
50,000
407, 500
493, 500
50,000
25,000
86,000
30,000
25,000
30,000
19,050
5,000
50,000
23,500
25,000
20,400
40,000
1,000
50,000
100,000 1,306, 763
200,000 1,321, 500
495,000
100, 000

200,000 Aug. 5,1933
400,000 Aug. 8,1933
50,000 . . do..- .
25,000
do
200,000 Aug. 10,1933
35, 000 Aug. 15,1933
25,000
do ... _
25,000
do
50,000
do _ _
100,000
do
125,000 Aug. 16,1933
100,000
do 50,000
do
40,000 Aug. 18,1933
150, 000
do
100,000
_ do. 30,000
do
25, 000
do
600,000 Aug. 19,1933
100, 000 Aug. 23,1933
200,000
_ do. 25,000
do
50,000
do
25,000 .__ do
50,000
do
25,000
do
40,000
do
50,000
do .
700,000 Aug. 24,1933
200,000 Aug. 29,1933
100,000
do
_.

6,250
150,000
12, 500
50,000
395

4,260

75,000
24, 520
25,000
40,000
10,020
50.000
99, 200
25,000
25,000
150, 000
100, 000
200,000
385, 560
50,000
25,000
34,400
25,000
25,000
49,400
65, 000
100,000
100,000
24, 550
10, 000
149,100
100,000
30, 000
24,460
197, 500
100,000
50,000
25,000
50,000
23,000

700,000
199,997
100,000

110,325
4
625,256
2,128,046
4
362,166
4
340,557
4
1,202,851
4
182,*075
4
64,072
4
520,043
232,482
4
55,253
4
106,623

95,503

4
107, 244
4
155,339
4
127,981
4

4

4

168, 256
1,144,323
4
61,318
4
45,397
4
113, 701
4(*)

27,441

4

* 228, 207

4

394,351
1,
384,553
4
210, 608
4
181,
627
4
1,185,343
4
261,784

4
215, 617
4
18,680
4
111, 742
4
163,447
4

4
1,422,124
4
2,376,563
4

4
4
4

191,451

964,292
87,689

4

193,58l

4
57,962
4
363,933
4
173,769
4
754,144
4

499,361
1 , 4224,132
84,142
4
115,876
4
4,740,
269
4
515, 784
4
165,429
4
109, 564
4
5,463,663
4
214,885
4
1 ,4 633,241
152, 530
4
191,119
4
86, 870
137,667
4
83,075
4
42, 672
127,767
4
7,342, 709
4
1,842, 661
4
2, 279, 673
4

824,775
747, 775
263, 692
6,045
128, 718
4
32,399

(0

4

'

63,787

4

4
4

78, 571
173, 644
109,184
4
75,071
4
47,881
4

4

49,947
100, 594
40,015

4
4
4

102,502
228,031
4
4

51,491
40,313
28,342
4
65,918
4
68, 921
67,732
4
975,691

1?

TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 81, 1938, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money to
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con.
Organization

Name and location of bank

7
First National Bank, Lebanon, Ind.
First National Bank, Louisa, Va.7
First National Bank, Lorimor, Iowa 7 7
First National Bank, Clearfield, Iowa
National Bank of Commerce, Amarillo, Tex.i
Prairie Depot National Bank, Freeport, Ohio 1 7
Cedar Grove National Bank, Cedar Grove, Ind. _.
First National Bank, Peru, Ind. 7
First National Bank, Clay Center, Kans. 7
Merchants National Bank, Clinton, Iowa *
First National Bank & Trust Co., Baraboo,
Wis.7_
First National Bank, Stockport, Ohio 77
First National Bank, Waynoka, Okla.
First National Bank, Thief River Falls, Minn.7___
First National Bank, Utica, Nebr. 7 7
First National Bank, Adams, Nebr. 7
First National Bank, Carnegie, Okla. .
First National Bank, La Veta, Colo.7 7
First National Bank, Hicksville, Ohio.
First National Bank, Elmore, Ohio 7
Exchange National Bank, Marietta,7 Pa. 7
First National Bank, Kansas, Ohio 7
First National Bank at Pontiac, Mich.
First National Bank, Hart, Mich. 7
Tri-County National Bank, Oliver Springs,
Tenn.7.
Midway National Bank, Midway, 7Pa. 7
First National Bank, Fleming, Ky. 7
First National Bank, Newfleld, N J .
First National Bank, Midland Park, N J . 7
First National Bank, Hatton, N.Dak.i
7
First National Bank, Oakland, Nebr.
First National Bank, Newell, Iowa7 7
Kosse National Bank, Kosse, Tex.
City National Bank and Trust Co., Niles, Mich. 7 ..




Charter
no.

2057
10968
12248
9649
6865
11216
11424

363
3072
3736
3609
8042
9709
5894
8811
9223
11763
12531
4867
6770
10707
11598
13600
6727
11998
6626
11988
12145
12603
6743
4610
10191
13279
13307

Date

Total
dividends
paid during existence as a
Capital national
banking
association

$555,515
Aug. 30,1872 $100,000
41,521
50,000
Mar. 24.1917
Aug. 7,1922
35,000
9,800
25,000
69,250
Aug. 19,1909
75,000
26,1903
June
25,000
4,250
July 17.1918
25,000
6,750
July 29.1919
75,000 1,699, 750
Jan. 1,1864
50,000
235,625
Nov. 1,1883
June 7,1887 100,000
234,000
243,884
Dec. 8,1886
50,000
48,375
25,000
Dec. 18,1905
25,000
31,500
Mar. 7,1910
25,000
101, 500
June 29,1901
30,000
90,150
July 6,1907
25,000
100,000
Aug. 14,1908
30,000
20,250
June 16.1920
25,000
5,750
Mar. 8,1924
50,000
132,109
Feb. 14,1893
25,000
2,1903
43,449
Apr.
50,000
181,500
Feb. 16,1915
25,000
5,500
Sept. 11,1919
Feb. 26,1932 500,000
14,1903
30,000
98,747
Apr.
25,000
20,250
June 22.1921
50,000
54,000
Feb. 7,1903
25,000
58,000
June 16.1921
25,000
Feb. 18.1922
25,000
6,000
Oct. 6,1924
25,000
59,000
Apr. 1,1903
50,000
204,000
June 11,1891
25,000
35,000
Apr. 23,1912
25,000
Jan. 29,1929
Mar. 21,1929 150,000 ""36," 750

Failures

Capital

Receiver
appointed

$100,000
75,000
35,000
25,000
150,000
25,000
25,000
100,000
50,000
100,000
150,000
25,000
25,000
50,000
30,000
50,000
30,000
25,000
50,000
37,500
50,000
25,000
500,000
75,000
25,000
50,000
25,000
50,000
50,000
25,000
50,000
25,000
25,000
150,000

Aug. 29,1933
Aug. 30,1933
Sept. 5,1933
do
.do.,
.do..

.do..
.do-

Borrowed
money
Circula(bills
Lawful tion out- Total depos- payable,
redismoney standing its at date
counts,
deposited at date
of failure
of failure
etc.) at
date of
failure
$100,000
2,095
35,000
6,250

100,000
50,000

Sept. 9,1933
Sept. 11,1933
do.
Sept. 12,1933
do.
_do_.
..do.do_.
. .doSept. 13,1933
do.
_do.
..dodo.
Sept. 14,1933
do
Sept. 15,1933
do

49,640
10,000
50,000
25,000
500,000
75,000
10,000
50,000
25,000

Sept. 16,1933
Sept. 18,1933
do

50,000
25,000

—.do
._—do

do

4

$495, 308
* 296,335
274,117
4
49,379
(4)
()
4
90, 532
4
1,050, 767
4
436, 577
4

4
901,483
4
148,149
4
50,458
4
711,
208
4
344,429
4
140,925
4
73, 721
4
28,482
4
151,189
4
365,186
4
499,859
4

150,000
25,000
6,500
50,000
30,000
10,000
6,000

'S'ub'm

44, 575
5,830,072
4
333,268
4
49,207
4
253,865
4
72,076
4
127,791
4
296,064
(4)
4
162,400
4
151,038
4
20, 229
4
1,176,344

4

4

$11, 500
(4)
11,450
4
300
4
(
)
4
26, 221
4
()
4
109, 666
4
63,292
105,269
(4)
4
16,146
4
20,917
4
26,526
(4)
()
4
79, 653
(4)
4
53,580
(4)
4
90,790
4
8,744
4
931,251
4
49,363
4
10,329
4
(
)
4
5,208
4
68,556
4
53,843
(4)
()
4
17.000
(4)
4

First National Bank, Dardanelle, Ark. 7
11276
First National Bank, Trenton, N.Y.*
11238
Rubey National Bank, Golden, Colo.7
6497
Westside National Bank, West Paterson, N.J. 7
12848
Grand Rapids National Bank, Grand Rapids, Mich. 7 .. 3293
First National Bank, Bruin, Pa. 7
8919
First National Bank, New Matamoras, Ohio 7
5999
7025
First National Bank, Beallsville, Ohio 7
8785
First National Bank, Nappanee, Ind. 7
9854
Olney National Bank, Hartford, Mich. 7
6598
First National Bank, Crescent City, 111.7
8015
First National Bank, Carrier Mills, 111.7
8374
First National Bank, Sidell, 111.7
9525
First National Bank, Odin, 111.7
10382
First National Bank, Ironton, Minn. 7
10572
First National Bank, Beason, 111.7
13433
First National Bank, Glenvil, Nebr. 7
7
7226
First National Bank, La Harpe, Kans.
7575
Newman National Bank, Newman, 111.7
7
8620
Citizens National Bank, Brazil, Ind.
Peoples-American National Bank, Princeton, Ind.7.__. 10551
12928
First National Bank, Meadow, Tex. 7
12951
Central Park National Bank, Central Park, N.Y. 7
First National Bank and Trust Co., Cambridge City,
Ind. 7
70
First National Bank of Marshall County at Plymouth,
Ind. 7
2119
First National Bank, Montpelier, Ind. 7
5278
First National Bank, Boswell, Ind. 7
5476
First National Bank, Clinton, Ind. 7
6480
Rosedale National Bank, Rosedale, Ind. 7
9006
First National Bank, Cayuga, Ind. 7
9189
Whiteland National Bank, Whiteland, Ind. 7
9492
First National Bank, Wakarusa, Ind. 7
11043
Lynch National Bank, Lynch, Ky. 7
12649
Cherokee National Bank, Cherokee, Okla.7
12049
First National Bank in Cement, Okla.7
12335
Madison National Bank, Tallulah, La. 7
12923
Farmers National Bank, Cherokee, Okla.7
9884
First National Bank, Kanawha, Iowa 7
9018
Merchants National Bank, Galena, 111.7
979
2129
First National Bank, Central City, Colo.7
First National Bank, Freeport, 111.7
2875
3279
Galena National Bank, Galena, 111.7
9674
First National Bank, Mancos, Colo."
12793
First National Bank, Almont, Mich. 7
12869
First National Bank, Brighton, Mich. 7
13082
National Bank of Covington, Covington, Ind. 7
5313
First National Bank, Ridge Farm, 111.7
7073
First National Bank, Oxford, Ala.7
10642
First National Bank, New Richland, Minn. 7
Footnotes at end of table, p . 229.




Nov.
Aug.
Oct.
July
Jan.
Oct.
Oct.
Sept.
June
July
Nov.
Nov.
July
Aug.
Mar.
May
Feb.
Apr.
Jan.
Mar.
May
Feb.
June

26,1918
30,1918
28,1902
17.1925
2,1885
15,1907
7.1901
3,1903
27,1907
20,1910
8.1902
11.1905
23.1906
3,1909
31.1913
23.1914
17,1930
11.1904
12.1905
4,1907
5,1914
8,1926
25.1926

May 11,1882
June
Mar.
June
Sept.
Jan.
June
Apr.
July
Jan.
Nov.
Mar.
Feb.
Nov.
Dec.
Mar.
Sept.
Jan.
Dec.
Jan.
May
Dec.
May
Apr.
Dec.
June

19,1873
20,1900
11,1900
25.1902
4,1908
29.1908
14.1909
14,1917
21.1925
16,1921
9,1923
19.1926
2,1910
14,1907
7,1865
15,1873
11.1883
23.1884
18.1910
20,1925
18,1925
27.1927
3,1900
14.1903
11,1914

25,000
17,750
25,000
25,000
3,750
40,000
50,000
214,000
50,000
75,000
75,000
500,000 3,405,434 1,000, 000
25,000
25,000
28, 250
25,000
50,000
102, 750
25,000
25,000
42, 000
40,000
40,000
72,400
25,000
25,000
54, 250
25,000
25,000
62, 250
25,000
25,000
36,625
25,000
25,000
130, 970
25,000
25,000
45,875
25,000
25,000
42, 250
25,000
40,000
40,900
30,000
30, 000
2,700
25,000
25,000
47, 200
50,000
50,000
189,000
100, 000
100,000
143,000
125,000
125,000
246, 250
25, 000
25,000
50,000
50,000

Sept. 19,1933
Sept. 20,1933
Sept. 21,1933
Sept. 22,1933
Sept. 25,1933
do
Sept. 26,1933
do
do _
_do
Sept. 27,1933
do
do
do
do
Sept. 29,1933
do
Sept. 30,1933
Oct. 2,1933
do
do
do _ --do

100,000

Oct.

50,000
50,000
25,000
30,000
25,000
25,000
25,000
25,000
50,000
30,000
25,000
50,000
25,000
25,000
125,000
50,000
120,000
100,000
50,000
25,000
25,000
50,000
30,000
25,000
25,000

336,000
466, 325
121, 500
73,000
98,400
42, 250
112, 500
22, 500
19, 750
74, 500
33, 300
8,000
60,000
78,250
661, 750
366, 250
1, 215, 729
473, 000
132,000
1,900
17,500
115, 500
44,500
8,750

50,000
130,000
50,000
25,000
60,000
25,000
25,000
25,000
25,000
50, 000
30,000
25,000
50,000
40,000
50,000
100,000
25,000
300,000
100,000
50,000
25,000
35,000
50,000
50,000
25,000
25,000

3,1933

do
do
do
do
do
do
do
do
do _
Oct. 4,1933
do
do
Oct. 5,1933
Oct. 7,1933
Oct. 9,1933
do
do

do
do.-_
..do

4

12, 500
25,000
500,000
10,000
12, 500
40,000
25,000
25,000
25,000
25,000
20,000
25,000
25, 000
50,000
100,000
100,000
25,000
49,990
130,000
50,000
6,250
30,000
25,000
25,000
25,000

40,000
25,000
25,000
25,000
200,000
24, 820
50,000
20,000

do
.do
Oct. 10,1933
.do
do
-.

50,000
25,000

43, 089
273,054
637,337
214, 230
10,983, 206
* 70, 012
* 308,343
4
115,049
4
203,911
4
356, 540
4
97,103
4
87, 839
4
103,085
4
82, 302
4
111, 444
4
80, 852
4
87, 780
4
43, 589
4
193, 673
4
410,132
4
697, 310
4
37,138
4
207,071
4
4
4

4
4

4
4
4

99, 900
38, 215
79, 328
(4)
(4)
(4)
(4)
4
9, 407
4
32,340
4
(
)
4
30,002
(4)
(4)
4
15,010
(4)
(4)
(4)
(4)
(4)
4
275,464
4
8,340
4
67,520
4

177, 262

764,441
4
255, 538
4
132, 523
4
1 , 036,886
4
131,461
4
110, 512
4
80, 815
4
89,299
4
149, 772
4
230, 880
4
88,850
4
124,499
4
93, 571
4
96,531
4
397,774
4
220, 316
4
2,422,073
4
2,132,201
4
208,328
4
160,473
4
136, 658
4
131,955
4
34,884
4
97,884
4
122, 343

0)

4

12,004

110, 780
4
79, 537
(4)
4
128,661
4
2,659
4
16,774
(4)
(4)
4
78, 218
(4)
4
16,017
4
65,345
(4)
4
16,606
(4)
(4)
(4)
4
69,138
4
156,044
(4)
(4)
(4)
4
36,983
(4)
(4)

TABLE NO. 42.—National banks in charge of receivers during year ended Oct. 31, 1933, dates of organization and appointment of receivers,
capital at date of organization and at date of failure, dividends paid while solvent, circulation outstanding at date of failure, lawful money
deposited with Treasurer of the United States to redeem circulation, total deposits, and bills payable, rediscounts, etc., at date of failure—Con.
Organization

Name and location of bank

Knoxville-Citizens
National Bank & Trust Co., Knoxville, Iowa 7
Second National Bank, Bel Air, Md.7
Farmers & Merchants National Bank, Bel
Air, M d . r 7
First National Bank, Havensville, Kans.
7
Citizens National Bank, Romeo, Mich. 7
Citizens National Bank, Hammond, N.Y.
_.
First National Bank, Goodhue, Minn.7
Mount Ephraim National Bank, Mount Ephraim,
N.J;
First National Bank, Somers Point, N.J.7
Mechanics National Bank & Trust Co.,
Millville, N.J.7
First National Bank, Plumville, Pa.7 7
First National Bank, Cherry Tree, Pa.
National Bank of Newport, Newport, N.Y.7 7
First National Bank in Avon-hy-the-Sea, 7N.J.
First National Bank, Birmingham, Mich.
First National Bank, Channing, Tex.77
First National Bank, Fosston, Minn.
Harriman National Bank & Trust
Co. of the City of
New York, New York, N.Y7
First National Bank, Avoca, Mich.7 7
First National Bank, Waverly, N.Y.
National Central Bank, Cherry Valley,
N.Y.7
First National Bank in Salem, Oreg.7 7
First National Bank, Humboldt, Iowa
1
First National Bank, Lake Benton, Minn.
First National Bank, Grantsville,
Md.7
7
National Bank of Wyoming, 111.
•__.
First National Bank, Oak Harbor, Ohio 7
Peckville National Bank, Peckville, Pa.7
Millington National Bank, Millington,
Mich.7
First National Bank, Valier, Mont.7 7
First National Bank, Conrad, Mont.
.
Farmers National Bank, Geneva, Ala.7




Charter
no.

Date

Total
dividends
paid during existence as a
Capital national
banking
association

12849
3933
9474
5506
2186
10216
7603

Nov. 4,1925 $100,000
Sept. 7,1888
60,000
June 30,1909
25,000
June 19,1900
40,000
Aug. 19,1874
50,000
June 20,1912
25,000
Dec. 27,1904
25,000

$6,568
130,105
80,250
52,850
329,692
30, 750
66,000

12618
12559
5208
7887
7000
1655
13560
9874
10949

Dec.
June
June
Aug.
Sept.
May
June
Sept.
Jan.
June

22,1924
12,1924
6,1899
25.1905
8,1903
8,1865
29,1931
7.1910
19,1917
12,1903

25,000
50,000
100,000
30,000
25,000
50,000
50,000
25,000
25,000
25,000

4,250
3,000
268,500
91,200
232,000
254,000

9955
10790
297
1136
3405
8277
4509
5943
6629
6632
7785
8723
9520
9759
10307

Mar.
Oct.
Feb.
Apr.
Oct.
May
Dec.
Aug.
Jan.
Jan.
Feb.
May
July
Mar.
Dec.

2.1911
4,1915
13.1864
13.1865
8,1885
24.1906
23,1890
6,1901
14,1903
15,1903
24,1905
6,1907
12.1909
23.1910
20,1912

200,000 4, 630,000
25,000
35, 500
50,000
487, 750
200,000
412, 250
75,000
419,875
25,000
108, 550
50,000
168,063
25,000
46,000
25,000
111, 750
25,000
91,125
50,000
240,125
25,000
33.500
25,000
34,250
25,000
55,500
50,000
54,500

207, 250
7,750
83,100

Failures

Capital

Receiver
appointed

$100,000
60,000
100,000
25,000
50,000
25,000
25,000

—do
— .do
Oct. 12,1933
do
.-.
Oct. 13,1933

Oct. 10,1933
Oct. 11,1933

25,000
..do..
50,000
..do..
.do..
250,000
.do60,000
100,000
do.
50,000
do.
50,000
do.
200,000 Oct. 14,1933
25,000
do
30,000 Oct. 16,1933
2,000,000
25,000
100,000
50,000
200,000
50,000
25,000
25,000
50,000
50,000
150,000
25,000
25,000
75,000
50,000

.—do.
Oct. 24,1933
do.
.do_do.doOct. 25,1933
dodo.
.do..
-do..
.do_.
.do..
..do-

Borrowed
money
(bills
CirculaLawful tion out- Total depos- payable,
redismoney standing its at date
counts,
deposited at date
of failure
etc.) at
of failure
date of
failure

$100,000 < $1,110,904
60,000
* 961,129
25,000
* 386,147
25,000
4 27,371
49,640
« 515,294
25,000
* 392,391
4 343,745

49,550
98, 560
10,000
98, 020
49,600
100,000
30,000

* 130,099
* 175,062
4 607,913
4 830, 741
4 199, 727
* 173,465
4 2,186,439
4 72,001
4 492,266

300,000 * 22, 369,173
100,000
50,000
100,000
50,000
25,000
50,000
25,000
49, 250
6,2.50
6,500
75,000
12,500

4 226,026
4 864,511
4 815, 975
4 1,058,227
4 691,664
(')
4 317,652
4 218,852
4 698,923
4 1,290,443
4 81,166
4 63,642
4 200,608
4 146,023

4$147,215
4105,605
4 29,379
4 45,740
4112,965
4 70,817
418,870
* 28,426
4 293,281
4 39,885
4 194,953
4195,208
4126,157
4194,552

(0

4 57,271

'26,800
4 16,914
4 78,362
4 79,312
4 55, 737

00

Harveysburg National Bank, Harveysburg,
Ohio 7
7
First National Bank, Hankins, N.Y.
7
First National Bank, Oregon, Wis. 7
First National Bank, Ypsilanti, Mich. 7
Peoples National Bank, Monmonth, 111.
First National Bank, Shawano, Wis.77
First National Bank, Dallas City, 111. 7
_.
First National Bank, Woodstock, Minn.
First National Bank, Neillsville, Wis.7 7
Falls National Bank, Niagara Falls, N.Y.
First 7National Bank of Commerce, Tarpon Springs,
Fla.
First National Bank, Marseilles, 111.7
Farmers National Bank, Cambridge, 111.
"
First National Bank, Shullsburg, Wis.7
Pleasant Unity National Bank, Pleasant
Unity, Pa.7
Earlville National Bank, Earlville, 111.77
First National Bank in Braid wood, 111.
First National Bank and Trust Co., Bloomington,Ill.7.
First National Bank, Mineral Wells, Tex.i
First National Bank, Cresco, Iowa 7 7
First National Bank, Chelsea, Iowa
First National Bank, Graettinger, Iowa7
First National Bank, Stanton, Iowa 7
New London National Bank, New London,
Iowa 7
First National Bank, Hubbard, Iowa7 7
Farmers National Bank, Kingsley, 7Iowa
Farmers National Bank, Aledo, 111.
First National Bank, Grand River, Iowa 7
Farmers First National Bank, Rake, Iowa 7
National Bank of West, Tex.e
First National Bank, Le Mars, Iowa 7 7
First National Bank, Marathon, Iowa 7
First National Bank, Rock Valley, Iowa
First National Bank, Dunkerton, Iowa 77
First National Bank, Little Rock, Iowa7
First National Bank, St. Ansgar, Iowa
First National Bank, Whiting, Iowa7 7
First National Bank, Ashton, Iowa 7
First National Bank, Port Norris, N.J.
First National Bank, Aurora, Colo.7
Federal-American
National Bank & Trust Co., Washington, D.C.7
Total

11617
12549
10620
155
4313
5469
5609
7625
9606
11489

Jan. 31,1920
Mar. 29,1924
May 25,1914
Nov. 25,1863
May 2,1890
May 19,1900
Oct. 2,1900
Feb. 21.1905
Sept. 28.1909
Oct. 16.1919

25, 000
25,000
25,000
50,000
75,000
50,000
25,000
25,000
50,000
100,000

12274
1852
2572
4055
6581
7555
11895
13499
5511
4897
5412
5571
6434
8352
8970
9116
9649
9737
11735
8239
2728
4789
5200
6722
8119
10684
10861
12883
10036
11682

Nov.
June
Oct.
May
Dec.
Dec.
Dec.
Oct.
July
Apr.
May
July
Apr.
Aug.
Dec.
Apr.
Jan.
Mar.
May
May
May
Aug.
June
Apr.
Jan.
Dec.
May
Jan.
Oct.
Mar.

8,1922
27,1871
1,1881
23,1889
5.1902
6,1904
6,1920
29,1930
14,1900
7,1893
17,1900
13,1900
23,1902
22.1906
3.1907
6.1908
5,1910
10.1910
12.1920
18,1906
23,1882
1,1892
20,1899
1.1903
24,1906
9,1914
2,1916
15,1926
26,1910
5,1920

50,000
50,000
50,000
50,000
25,000
50,000
25,000
300,000
25,000
50,000
25,000
25,000
25,000
25,000
25,000
25,000
65,000
25,000
25,000
25,000
75,000
50,000
50,000
30,000
25,000
25,000
25,000
25,000
25,000
25,000

10316

Jan. 15,1913

500,000

8,750

"23,666"
712, 250
276,000
193,000
119,000
41, 500
84,000
37,000
4,500
274,875
187, 250
163, 500
61, 625
68, 500
47, 500
24,000
133, 550
185, 375.
53, 550
61,053
106, 500
18, 750
105, 650
30, 500
72,150
32, 750
"~99,~566'
533, 500
119,446
180,000
120, 392
66, 750
13,500
15,000
14,750
3,078,979

25,000
25,000
25,000
150,000
75,000
100,000
75,000
25,000
50,000
100,000

do
do
--..do—
Oct. 26,1933
_ _ do .
do
_ do
dodo
- _ do

75,000
75,000
50,000
50,000
25,000
50,000
25,000
300,000
60,000
50,000
40,000
25, 000
25,000
25,000
50,000
25,000
65,000
25,000
25,000
50,000
100,000
25,000
50,000
40, 000
25,000
25,000
25,000
25, 000
100,000
25,000

. do
Oct. 27,1933
do
. . do
do
do
. do
-...do
do
Oct. 30,1933
do
_ do
do
. do
do
do
. . do.
do
— do
do
Oct. 31,1933
do
__ dodo
do
. do
do
do
. . do
do

2,000,000

96,030,070 322,919,444 191,550,085

4

4

12, 500
150,000
50, 000
100,000
75,000
25,000
50,000
25,000

4

50,000
25, 010
12,000
25, 000
20, 000
37, 500
25,000
45, 000
25,000
16,000
50,000
100,000
12, 500
50,000
40,000
25,000
25,000
25,000

56,835,337 91,298,012

152,190
1,939,
542
(4)

()
24,241
156,676
(4)
4

4

4

111, 599
88,599
321,808
4
92, 227
4
98, 236
4
101,
764
4
375,844
4
60,
233
4
78,916
4
143,
520
4
827,005
4
71,356
4
163,454
4
299,969
4
102,315
4
146,199
4
163,049
4
64, 239
4
248,
690
4
357, 770
4

4

24, 450
50,000

4

4
116,330
4
390, 396
4
544,713
4
375,984
4
227, 756
4
148,
338
4

50,000
50,000
25,000

___-do

5, 500
13,000
(4)
4
139,946
(4)
4
86, 799
4
18, 237
4
31,313
(4)
4
205,444
4
52,387
4
24,781
(4)

50, 256
175, 260
147,
875
4
2,
220,020
4
397,092
*4 611, 312
89,051
4
54,691
4
254,845
4
1,107,939
4
4

4

9, 228,198

()
22,177
41,907
4
(
4 )
50, 688

4
4

4

35, 796
(4)

4
90, 727
4
11, 552
4
39,971
4
35,174
4
21,148
4
16,979
4
11,152
4

12,981
258,202
(*)
2, 617, 797
4

4

262,864, 206

1
2

Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to complete unfinished liquidation.
Restored to solvency.
34 Eliminated as an insolvent national bank through revocation of the receiver's commission as of the date of issuance.
Preliminaryfiguressubject to revision.
6« Suspended under terms of bank holiday proclamation without subsequent appointment of conservator.
Licensed banks subsequently found insolvent.
7 Formerly in conservatorship.




to
•8

TABLE N O . 42-A.—State banks, under supervision of Comptroller of the Currency, in charge of receivers during the year ended Oct. 31,1933, to
dates of organization and appointment of receivers, capital at date of organization and at date of failure, dividends paid while solvent, total CO
o
deposits, and bills payable and rediscounts at date of failure
Organization
Name and location of bank

International Exchange Bank, Washington, D.C.
North Capitol Savings Bank, Washington, D.C__
Bank of Brightwood, Washington, D.C
Departmental Bank, Washington, D.C l
Continental Trust Co., Washington, D.C
Park Savings Bank, Washington, D.C
Total...

Jurisdiction under laws of
which incorporated

Arizona....do
do
District of Columbia.
Alabama
_

Date

June
Sept.
Apr.
Aug.
Jan.
Aug.

Capital

30,1921 $300,000
3,1912 100,000
100,000
26,1922
24,1920 500,000
25,1912 500,000
50,000
28,1909
.1,550,000

Total diviFailures
dends paid
during existence as a
State bank- Capital
Receiver
ing assoappointed
ciation

$46,096 $116,830 July 14,1932 $452, 850 $112,129
90,000
111,857
112,143
1,027,862
do.
100,000 July 16,1932 839,380
25,000
2,000
106,060 July 22,1932 802, 373
150,000
2,077
5,766 1,028,047
615,000 1,000,000 Feb. 28,1933
593,555
165,000 100,000 July 13,1933 3,379, 554
942,316 1,512,890

i Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold or to complete unfinished liquidation.




Bills
Total de- payable
and
posits at
redisdate of
counts
failure at date of
failure

6,507,785

2,020,588

O
O

3

232

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.:—National banks in charge of receivers during year ended Oct. SI,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

Farmers & Drovers National Bank, Waynesburg, Pa
First National Bank, Sutton, W.Va—*
Bannock National Bank, Pocatello, Idaho
American National Bank, Billings, M o n t . . Citizens National Bank, Laurel, Mont
_
Commercial National Bank, Wilmington, N . C
First National Bank, Joseph, Oreg.
First National Bank, Sapulpa, Okla
__..
_.
743 Merchants National Bank, M a n d a n , N . D a k
744 First National Bank, Webster, S.Dak
746 Sioux Falls National Bank, Sioux Falls, S.Dak
756 First National Bank, Brookings, S.Dak
763 Commercial National Bank, Miles City, Mont
776 First National Bank, Coalgate, Okla
781 First National Bank, Huron, S.Dak
799 First National Bank of Fergus County in Lewistown, M o n t .
813 Drovers National Bank, East St. Louis, 111
816 City National Bank, Huron, S.Dak.i
___
824 National Bank of Commerce, Rochester, N . Y
846 First National Bank, Ozark, Ala
850 First National Bank, Alma, Wis
867 Stockmens National Bank, Columbus, M o n t
869 First National Bank, Townsend, M o n t
887 National Bank of Commerce, Pierre, S.Dak
899 First National Bank, Matoaka, W.Va
905 Commercial National Bank, Greenville, Tex
909 Georgia National Bank, Athens, Ga
912 First National Bank, Hedrick, Iowa i
918 Burgettstown National Bank, Burgettstown, Pa
919 First National Bank, Selma, N . C
;
922 First National Bank, Florence, S.C
928 First National Bank, St. Cloud, M i n n
939 Globe National Bank, Denver, Colo
941 First National Bank, Warren, M i n n
943 First National Bank, Hallock, M i n n
945 Manilla National Bank, Manilla, Iowa
948 Muskogee Security National Bank, Muskogee, Okla
955 Gregory National Bank, Gregory, S.Dak
959 Warren National Bank, Warren, M i n n
971 Security National Bank, Mason City, Iowa
975 Broadway National Bank, Denver, Colo
977 First National Bank, Waukon, Iowa
984 Farmers National Bank, La Moure, N . D a k
995 First National Bank, Frankfort, S.Dak
998 First National Bank, Shenandoah, Iowa
1004 First National Bank, Jonesboro, Ark
1010 D e Smet National Bank, De Smet, S.Dak
1018 First National Bank, Pepin, Wis
1019 First National Bank, Woonsocket, S.Dak
1024 First National Bank, Waubay, S.Dak
1026 Oakes National Bank, Oakes, N . D a k
1027 National Farmers Bank, Owatonna, M i n n
1029 First National Bank, Veblen, S.Dak
1030 Farmers National Bank in Lidgerwood, N . D a k
1031 Farmers & Merchants National Bank, Merced, Calif
1036 National Bank of Franklin, Franklin, Tenn
1037 Farmers & Merchants National Bank, Lake City, S.C
1049 First National Bank, Milbank, S.Dak
1051 Citizens National Bank, Spencer, Iowa
1060 Clarinda National Bank, Clarinda, Iowa
1061 First National Bank, Marked Tree, Ark
..469
549
620
606
667
670

Footnotes at end of table, pp. 318, 319.




Capital
stock at
date of
failure

Dollar i
200 000
50,000
100,000
150,000
35,000
200,000
25,000
100,000
50,000
25,000
150, 000
100,000
250,000
100, 000
65, 000
300,000
200, 000
50, 000
1, 500, 000
35,000
25,000
50, 000
50,000
100,000
50,000
150, 000
400,000
25,000
100, 000
30,000
150,000
250, 000
200, 000
50,000
60, 000
25, 000
200, 000
50,000
50, 000
100, 000
200, 000
100, 000
50,000
25,000
50, 000
100,000
50, 000
25, 000
50, 000
25,000
25,000
75, 000
40,000
25,000
100, 000
100,000
100, 000
50,000
100,000
50, 000
50,000

Date receiver
appointed

Dec. 12,1906
Aug. 29,1914
June 11,1921
Sept. 23,1922
Jan.
i 1923
Jan. 31,1923
June 14,1923
July 30,1923
Dec. 26,1923
Jan.
2,1924
Jan. 24,1924
Feb. 9,1924
Feb. 15,1924
Feb. 27,1924
Mar. 14.1924
Apr. 12,1924
May 22,1924
June 10,1924
June 21,1924
Oct. 23,1924
Nov. 7,1924
Jan.
7,1925
Jan.
8,1925
Feb. 11,1925
Mar. 3,1925
Apr. 6,1925
Apr. 17,1925
Apr. 24,1925
M a y 14,1925
May 16,1925
M a y 22,1925
June 24,1925
Oct.
1,1925
Oct. 10,1925
Oct. 16,1925
Oct. 20,1925
Nov. 7,1925
Nov. 25,1925
Dec. 5,1925
Dec. 29,1925
Jan. 16,1926
Jan. 18,1926
Feb. 25,1926
Apr. 12,1926
May 13,1926
June 4,1926
July 6,1926
July 23,1926
do
Aug. 20,1926
Sept. 4,19%
Sept. 10,19%
Sept. 18,19%
Sept. 21,19%
Sept. 23,19%
Oct. 18,1926
do
Nov. 15,19%
Nov. 19,19%
Nov. 29,19%
Nov. 30,1926

HEPOKT OF THE COMPTROLLER OF THE CURRENCY

233

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.
Book value of assets at date of
failure

Estimated
good

Estimated
doubtful

Estimated
worthless

Progress of liquidation
to date of this report

Total
Additional
assets
assessment
received
upon
sharesince date
holders
of failure

Total assets
and stock
assessment

Cash collections
from
assets

Dollars
814, 783
310,050
678,103
165,067
63, 740
926,972
108,961
219,280
45, 048
125,681
1, 748, 843
337, 212
806, 234
463,871
938, 783
1, 473, 857
365, 514

Dollars
2,013, 406
80,899
735, 340
270, 200
102, 694
1, 226, 912
114,304
566,071
175, 697
113,962
746, 250
428, 037
946,948
345, 544
851, 487
2, 307, 203
351, 033

Dollars
130, 499
27, 210
307, 421
309,219
205, 526
548,872
138, 678
235, 987
211, 368
74, 918
458, 547
381, 524
677,140
161, 521
265, 511
833, 221
164, 452

Dollars
2,072,083
63,171
1, 020, 246
120, 322
21,173
222,972
28,054
138,052
95, 050
59,068
303,845
132, 765
291, 672
72,132
337, 391
334, 783
36, 548

Dollars
200,000
50, 000
100, 000
150, 000
35, 000
200, 000
25,000
100, 000
50, 000
25,000
150, 000
100, 000
250, 000
100,000
65,000
300, 000
200, 000

Dollars
5, 230, 771
531,330
2, 841,110
1, 014,808
428,133
3,125, 728
414,997
1,259, 390
577,163
398, 629
3, 407, 485
1, 379, 538
2,971, 994
1,143,068
2, 458,172
5, 249,064
1,117, 547

Dollars
1,607,917
441,911
1, 038, 770
292,638
157, 783
668,436
200,098
349, 084
275, 692
166, 710
1, 698, 649
490,140
1, 469, 571
504, 505
1,110, 586
2, 471, 489
550,840

67, 500
209, 287
100, 759
39, 730
26, 919
597, 405
566, 624
43S, 483
1, 916, 328
1,464
975, 738
165, 454
1, 360, 861
686, 888
2, 539, 757
70, 957
108, 822
50,137
1, 619, 895
249, 092
75, 744
732, 522
1,828, 891
236, 406
55, 311
74, 551
535, 529
229, 374
167, 239
135.932
150, 314
33, 334
74, 286
656,612
40, 342
139,590
278, 992
213, 255
308, 687
246, 562
176,889
327, 800
33, 860

1, 337, 085
93, 641
75, 474
75, 311
52, 930
223, 923
5,820
263, 743
743, 757
34.182
497; 425
104, 954
87, 000
1, 451, 826
1, 397, 671
306. 034
289, 048
83, 259
420, 098
193,265
322, 513
397, 029
293, 071
545, 797
106, 003
159, 555
377, 004
277, 776
227, 373
128, 487
137,140
92, 297
168, 389
885, 553
107, 964
185, 902
658, 287
286, 596
309, 764
165, 347
201,002
261, 480
143, 751

2, 271, 292
69, 001
113, 448
81, 382
105, 961
351, 952
27
227,107
585, 896
35, 385
524, 290
29, 654
208, 973
398, 048
962, 987
198, 315
93, 098
55, 521
568, 726
17, 215
74, 285
180, 520
441,108
153,382
87, 969
53, 549
227, 526
198, 077
142, 256
3,151
34, 364
84, 369
27, 065
67, 493
75, 036
17, 227
436, 698
239,088
193, 358
47, 850
376,700
198, 543
75, 547

1, 242, 674
52, 220
21, 494
19, 427
26, 283
129, 075
330, 851
217, 117
290, 427
986
81, 081
25, 657
36, 534
209,193
349, 513
40, 420
35,103
12, 389
346. 824
69, 693
59, 802
112, 727
90, 741
68, 847
21, 444
30,191
431, 411
39,941
42,161
27, 264
54, 904
25,851
61, 537
248, 495
47, 560
22, 735
383, 380
181,420
63.140
92; 580
89, 536
43, 057
69, 355

35, 000
25, 000
50,000
50, 000
100, 000
50, 000
150, 000
400, 000
25, 000
100, 000
30, 000
150, 000
250, 000
200,000
50, 000
60, 000
25, 000
200, 000
50, 000
50, 000
100, 000
200, 000
100, 000
50, 000
25,000
50, 000
100, 000
50, 000
25, 000
50, 000
25, 000
25, 000
75, 000
40, 000
25, 000
100, 000
100,000
100,000
50, 000
100,000
50, 000
50, 000

4, 918, 551
459,149
336,175
265, 850
262, 093
1,402,355
953, 322
1, 296, 450
3,936, 408
97, 017
2,178, 534
355, 719
1,843, 368
2,995,955
5,449. 928
665, 726
586, 071
226, 306
3,155, 543
579, 265
582, 344
1, 522, 798
2, 853, 811
1,134, 432
320, 727
342,846
1, 621,470
845,168
629, 029
319, 834
426, 722
260, 851
356, 277
1,933,153
310, 902
390, 454
1, 857, 357
1,020, 359
974, 949
602, 339
944,127
880, 880
372, 513

2, 558, 678
155,150
141,905
85, 213
76, 501
758,701
550, 266
522, 356
2,032, 281
18,209
1, 258, 750
143, 758
1,149, 756
1, 217, 414
3,051,893
195, 764
232,883
102, 258
1, 994, 743
237,969
219, 322
959, 261
1, 613,423
493,066
107,345
97,249
689,671
384, 640
309, 970
154, 773
205, 607
61, 749
115, 205
977,379
147,698
248, 415
922, 723
475,485
351,100
307,446
420, 060
358, 337
63,883




Cash collections
from
stock
assessment

Dollars
149,320
25,180
40,510
58, 775
3,900
107,932
11,192
42, 547
9,860
9,041
52,586
100,000
129, 393
11, 224
25, 668
172,180
100, 706

469
549
620
656
667
670
689
696
743
744
746
756
763
776
781
799
813
816
824
846
850
867
869
887
899
905
909
912
918
919
922
928
939
941
943
945
948
955
959
971
975

918
18,608
31,116
20,850
43, 211
44, 500
86, 220
315,720
15, 703
83,471
11,302
91, 464
165,014
89,421
22, 024
42, 769
16, 700
145,320
30,817
10, 618
78,978
38,318
86,496
40,741
934
9,369
995
50,000
998
56,977 1004
29, 541 1010
11,359 1018
23,821 1019
6,500 1024
11,285 1026
21,181 1027
23,004 1029
18,024 1030
48,845 1031
86,497 1036
75, 443 1037
13.952 1049
55,734 1051
23, 825 10S0
7, 542 1081

234

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 81,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collectionsf and various other
Progress of liquidation to date of this report—Continued
Total
collections
from all
sources,
Unpaid Offsets including
balance allowed offsets alR.F.C. and set- lowed
loan
tled
and unpaid balance
R.F.C.
loan
Dollars
469
549
6?0
656
667
670
689
696
743
744
746
756
763
776
781
799
813
816
824
846
850
867
869
887
899
905
909
912
918
919
922
928
939
941
043
945
948
955
959
971
975
977
984
995
998
1004
1010
1018
1019
1024
1026
1927
1029
1030
1031
1036
1037
1049
1051
L060
1061

Dollars
546,326
12,908
107,462
17, 202
11, 244
833,135
8,741
238, 671
42, 318
18, 308
387, 231
44,200
131, 021
67,862
84, 693
509, 469
32, 929

__

Conservators'
distributions
Loss on
Book
assets
Book
value of
comvalue
of
remainpounded remaining ing unor sold uncollected
To se- To ununder
secured
assets
stock as- cured
order of
credi- credisessment
court
tors
tors

Dollars

Dollars

2,303,563
479,999
1,186, 742
368, 615
172, 927
1, 609, 503
220,031
630. 302
327,870
194, 059
2,138, 466
634, 340
1, 729, 985
583, 591
1, 220, 947
3,153,138
684, 475

2,756,181
26,500
1, 594,878
35,358
128, 502
1, 421, 563
181,158
571, 635
209,153
184, 657
972, 299
712, 556
1,121, 402
470, 701
446, 253
672,172
294, 484

2, 558, 678 2, 359, 873
17, 679
173, 747
128, 920
21, 949
182, 462
147, 321
3,455
119, 784
127,182
41, 828
139,179
79, 430
60, 260
862,172
416, 387
199, 637
794, 403
58, 740
100,148
708, 724
523, 946
346, 151 2, 694,152 1,157, 976
33, 912
53, 808
64,163 1, 406, 384
414, 335
175, 425
20, 365
140, 707
216,153
103, 676 1, 344, 896
277, 997
126, 232 1,508,660
648, 876 3, 790,190 1, 455, 385
239, 643
369, 926
21, 855
293, 388
275, 452
17, 736
150, 739
31, 781
67, 267
311, 556 2, 451, 619
210, 182
318, 773
49, 987
205, 356
254, 334
24, 394
223, 533
114, 715 1,152, 954
348, 822
1,961,
104
722, 469
309, 363
611,192
257, 330
31, 630
165, 870
145, 598
17, 784
112, 701
214. 514
6,083
92, 765
832, 436! 390, 237
30,171
471, 788
13,195
31,168
370, 679
237.891
10, 450
176, 582
47, 728
27, 096
256, 524
138, 273
3,282
71, 531
138, 206
16, 345
142, 835
194, 371
137, 093 1,135, 653
423, 940
6,220
176, 922
116, 984
20, 998
287, 437
96, 041
95, 336 1, 066, 904
190, 798
97,151
659,133
347. 723
86, 682
513, 225} 148, 232
26, 440
347, 838
54, 964
56, 395
532,1891
367, 672
64, 573
446, 735
107, 805
71, 5481 142, 973
52, 813

Footnotes at end of table, pp. 318, 319.




Disposition of proceeds of liquidation

Dollars
120,347
11
519,610
95,604
2,594

3,954
199, 306
32, 642
751, 640
1, 295, 934
39, 294
122, 400
14, 334
67,007
94, 679

341, 286
20,889
223, 783
1,124, 312
93, 774
28,181
439, 062
35, 953
65, 095
8,556
252, 406
398, 797
317,162
81, 883
5,746
32, 614
5,356
319, 741
548, 500
288,935
163, 489
300, 165
134, 269

Dollars
50,680
24,820
59,490
91,225
31,100
92,068
13,808
57, 453
40,140
15,959
97, 414
120, 607
88, 776
39, 332
127,820
99,294
34, 082
6,392
18, 884
29,150
56, 789
5,500
63, 780
84, 280
9,297
16, 529
18, 698
58, 536
84, 986
110, 579
27, 976
17, 231
8,300
54, 680
19,183
39, 382
21, 022
161, 682
13, 504
9,259
15, 631
43,023
20, 459
13, 641
26,179
18,500
13, 715
53, 819
16, 996
6,976
51,155
13, 503
24, 557
36, 048
44, 266
26,175
42, 458

Dividends paid
by receivers

On se- On unsecured
cured
claims claims

Dollars Dollars Dollars
225
56,844
10, 740
2 f 906
37,855
16, 979
7,120
9,005
3,524
48, 824
1,994
26, 528
72, 663
9,610

7,980
7,200
20, 758

Dollars
1, 286,325
350,164
157, 934
98,896
8,501
384,151
13, 787
136, 983
141, 514
78, 306
955,965
99,904
868,931
47, 629
259, 545
1, 437, 432
374, 775

6, 974
63, 298
23, 475
51, 601
357, 762
427, 032
6,714
438, 629
15, 383
81,150, 359
150
1,156, 089
41, 621
186, 297
80,181
424, 235
2, 231, 719
6,264
38, 624
15, 477
144,436
76, 872
18, 499 1, 209, 071
8,598
73, 206
5,430
48, 072
644, 816
1, 452, 248
359, 910
107, 732
31, 379
3,284
241, 834
2,000
142, 391
23, 831
182, 314
7,006
119, 685
100, 583
5,366
28, 409
1 170
44, 282
1 883
667, 385
93, 914
5,431
133, 350
12, 388
504, 833
322, 487
10, 843
268, 607
134,102
7,565
264, 524
222, 417
868
8, 417
317

REPORT OF THE COMPTROLLER OF THE CURRENCY

235

dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 193S—Continued
Disposition of proceeds of liquidation—Continued

Secured
and preferred lia- Cash adReceivbilities paid vanced in Conser- ers'
salexcept
protecaries,
legal
vators'
through
tion
of
and
other
expenses
dividends, assets
expenses
including
offsets
allowed

Dollars
754, 094
34,228
878, 816
107,131
129, 330
1, 041,448
167, 884
401, 353
88,164
65, 538
944, 602
394, 557
673, 015
463, 579
715, 575
1, 509, 317
231,196

Dollars
Dollars
80,660
2,812!
1, 3311
33,116

4,010
215L
~12~457|I
2,107'
15,6411.
5,490
57, 610
1,643
19, 858
23, 219
10, 501

48
2,450, 228
358
136,946
73, 740
905
48, 732
29
63, 794
2,803
334, 481
40,906
293,144
2,053
163, 786
21, 221
1, 376, 048 93, 050
24,234
137, 010
2,597
90, 564
6,575
1, 074, 032
701, 637 152,2601
19,176
1, 240,482
6,608
138, 457
5,936
88, 930
125
52, 213
7,572
33,857
167, 840
7,716
134,488
22, 922
429, 840
612
348,430
29, 790
137, 713
6,739
28,400
13,874
42, 259
74,520
410,007
1,975
245,411
66!
140,184
5,746
24,110
1,192
113,175
21,832
1,907
56, 608
31,404
316, 539
2,068
50, 787
141
105, 221
28,462
428,464
573
267,675
927
173, 527
1,189
150, 759
12,311
214,159
8,204
171,361
116,916
81




Dollars

Cash in
hands of
comptroller
and receivers

Amount
of claims
proved

Dividends
(percent)

Dollars
1, 570,648 75
350, 398 100
989,959 17.5
511,530 20
287,164 4
1,655,640 25
129, 096 10. 65
549, 096 24.9
309,364 48. 095
10, 247
223, 699 35
14, 512
9,866 1, 908, 312 50
24, 860
978, 439 17.51
1, 500, 370 57. 915
682, 887 10.81
55,417 1, 518,419 21
33,969 2, 850, 411 49
6,521
468, 493 80

108, 402
14,104
37, 319
26, 790
16, 687
103, 450
47, 978
69, 705
72, 849
9,528
62, 228
35, 221
54, 48;
93,497
211, 269
36, 894
21, 529
104, 797
35, 231
51, 633
55, 376
117, 035
60, 382
22,999
21,905
100, 649
53,295
41,109
20,497
27, 623
14, 682
37,921
106, 456
24, 722
36, 337
92, 691
57, 555
54,152
40,192
41,195
34, 724
15,857

Date finallyclosed or
restored to
solvency

Dollars

134, 980
47,504
90, 34/5
2,225
91,817
104, 079 ~"I4,~653
24,189
3,991
15, 111
130, 935

21,166
84, 846
66,483
30, 072
212, 392
60,705
128, 435
44, 212
97, 889
139, 591
61, 482

Interest
dividends
(percent)

7,385
4, 294
25, 573
17,482
1,8

48, 460
8,019
23,507
56, 850
87, 544
12, 796
47, 692
41
6,9951
42, 779
23, 397
3,426
4,885
6,544
8,585
5,438
234
13,869
12, 454
16,012
14,031
9,161
1,385

298, 422 5
218,112 32.68
143, 613 30.8
73, 718 70
744, 897 48
502, 442 85
670,789 65.39
1, 091, 542 100
25, 000
.6
1, 651,150 70
180.939 23
414, 095 45
1, 842, 882 26
3, 705, 505 60
392, 819 10
339, 849 42.5
131, 384 58.5
1, 373, 093 88
244,640 29
314, 331 15
768, 241 83.15
1,960, 242 74
712, 616 50
176,460 60.95
248,755 13. 553
601,364 40
361, 627 40
317,399 57.43
• 230,139 52
167, 743 60
167,112 17
191,869 23.89
1, 249,428 53
129.940 72.27
226,298 62.34
1,029, 078
628,973
537, 244
243, 784
406, 530
557,384
87, 344

49

51.27
50
55
65.25
40
10

469
549
620
656
667
670
Sept. 24,1933 689
N o v . 19,1932 696
743
744
746
756
Sept. 21,1933 763
Mar. 14,1933 776
781
799
813
816
Mar. 1,1933 824
846
June 1,1933 850
Jan. 3,1933 867
869
887
899
Dec. 20,1932 905
909
912
May 22," 1933
918
919
922
928
939
941
Apr. 1,1933 943
Dec. 16,1932 945
948
955
959
Nov. 1,1933 971
975
977
Oct. 20,1933 984
Sept. 23,1933 995
998
1004
Nov. 1,1932 1010
1018
1019
1024
1026
1027
May 1,1933 1029
Feb.
1,1933 1030
1031
Aug. 15,1933 1036
1037
1049
Jan." ~~3,~ 1933 1051
1060
1061
Apr. 24,1933

236

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

1063 First National Bank, Leeds, N.Dak
1064 Farmers National Bank, Brookings, S.Dak—
1065 First National Bank, Alta, Iowa..
.-.
1070 First National Bank, Malvern, Iowa
1072 First National Bank, Haleyville, Ala
1075 First National Bank, Plattsmouth, Nebr
1079 Citizens National Bank, Ortonville, Minn
1092 First National Bank, Boyceville, Wis
1095 First National Bank, Beardsley, Minn
1096 Farmers National Bank, Red Lake Falls, Minn
1098 First National Bank, Edgeley, N.Dak
1100 First National Bank, Britt, Iowa
1105 First National Bank, Clinton, Minn
1106 Citizens National Bank, Albert Lea, Minn
1108 First National Bank, Allegan, Mich
1110 Farmers & Merchants National Bank, Mount Morris, Pa..
1111 First National Bank, Rush City, Minn
1115 First National Bank, Dunbar, P a 1122 First National Bank, Lepanto, Ark 1
1123 Provident National Bank, Waco, Tex.
1125 First National Bank, Sheldon, Iowa
1128 First National Bank, Columbia City, Ind
1130 First National Bank, Lake Worth, Fla
1133 First National Bank, Bend, Oreg
1138 City National Bank in Kearney, Nebr
1140 Farmers & Merchants National Bank, Alcester, S.Dak.
1141 First National Bank, Grafton, N.Dak
1144 First National Bank, Chowchilla, Calif
1148 First National Bank, Spencer, Iowa_.
1151 Peoples National Bank, Waukon, Iowa
1152 First National Bank, East Grand Forks, Minn
1153 Fayette City National Bank, Fayette City, Pa
1154 First National Bank, Webster, Pa
1156 First National Bank, Bishop, Calif
1157 Citizens National Bank, Waynesburg, Pa
1161 First National Bank, Inwood, Iowa
1175 National State Bank, Stockton, Kans
1177 First National Bank, New Cumberland, W.Va
1179 First National Bank, Chetotah, Okla
1180 First National Bank, Hope, N.Dak
1181 First National Bank, Manning, S.C
1186 New Georgia National Bank, Albany, Ga
1187 First National Bank, Minnewaukan, N.Dak
1188 First National Bank, Greenville, Tex.*
1189 First National Bank, Mullens, W.Va
1201 Astoria National Bank, Astoria, Oreg
1206 New First National Bank in Springfield, Mo
—
1208 First National Bank, Carrington, N.Dak
1210 First National Bank, Toronto, S.Dak
1213 Commercial National Bank, Statesville, N.C
1214 First National Bank, Bristow, Okla
1221 First National Bank, Marshalltown, Iowa
1222 First National Bank, Arcadia, Ind1225 First National Bank, Calexico, Calif
1226 First National Bank, Denton, Tex
1227 First National Bank, Plainview, Nebr
1228 Lake County National Bank, Madison, S.Dak
1230 Citizens National Bank, Woonsocket, R.I
1231 First National Bank, Dublin, Ga.._
1232 First National Bank, Aledo, 111
1235 Carolina National Bank, Darlington, S.C
Footnotes at end of table, pp. 318, 319.




Capital
stock at
date of
failure

Date receiver
appointed

Dollars
25,000 Dec. 1,1926
50,000 Dec. 3,1926
50,000 — . d o
50,000 Dec. 10,1926
25,000 Dec. 17,1926
50,000 Dec. 21,1926
25,000 Jan. 4,1927
25,000 Jan. 18,1927
25,000 Jan. 21,1927
25,000 Jan. 24,1927
85,000 Jan. 31,1927
50,000 Feb. 1,1927
25,000 Feb. 10,1927
50,000 Feb. 18,1927
50,000
do.
25,000 Feb. 21,1927
50,000 . — d o
50,000 Mar. 7,1927
35, 000 Mar. 25,1927
300,000 Mar. 26,1927
150,000 Mar. 29,1927
100, 000 Mar. 31,1927
100,000 Apr. 2,1927
100,000 Apr. 29,1927
150, 000 May 14,1927
50,000 May 17,1927
50,000 May 25,1927
25,000 May 28,1927
150, 000 June 25,1927
125, 000 July 19,1927
50,000 July 28,1927
do
75,000
25,000 Aug. 8,1927
50,000 Aug. 15,1927
500, 000 Aug. 17,1927
50,000 Sept. 6,1927
50, 000 Nov. 14,1927
50,000 Nov. 21,1927
50,000 Dec. 1,1927
50,000 Dec. 12,1927
50, 000 Dec. 14,1927
200, 000 Jan. 4,1928
25,000 Jan. 6,1928
150,000 Jan. 11,1928
16,1928
25,000 Jan.
Feb. 24,1928
200,000 Mar.
17,1928
125, 000 Mar. 26,1928
50,000 Apr. 3,1928
25,000
19,1928
100,000 Apr.
50,000 Apr. 25,1928
11,1928
200,000 June
3,1928
25,000 July
July
24,1928
300,000 Aug. 15,1928
50,000 Aug. 22,1928
40,000 Aug. 29,1928
75,000 Sept. 18,1928
100,000 Sept. 24,1928
200,000 Sept. 27,1928
50,000 Nov. 2,1928
100,000

BEPOKT OF THE COMPTROLLER OF THE CURRENCY

237

1938, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1983.—Continued
Book value of assets at date of
failure

Estimated
good

Dollars
64,314
568, 348
205, 712
122,241
48,872
106, 463
136, 446
83, 976
129, 615
56,001
112, 595
213, 518
67,100
523,039
426, 298
241, 396
174,063
266,910
20,127
346,669
512, 727
938,698
421, 441
675, 280
136, 778
227, 724
43, 316
245, 121
98, 784
279, 559
458, 944
165, 808
306,184
3,369,712
62, 052
109, 777
115,516
186, 513
43, 061
109, 001
568, 491
83, 2G2
149, 568
1, 296, 515
323,105
79, 235
95, 992
769, 917
380, 301
908, 443
122, 205
846, 745
151, 744
117, 512
238,383
580,971
277,770
421, 553
248,066

Estimated
doubtful

Estimated
worthless

Dollars
70,332
454,379
310,194
110, 206
97, 747
184, 204
153, 619
80, 986
131, 605
60, 794
201, 321
590,163
138, 357
438,983
80,065
110, 423
145, 369
163,121
86,094
794,076
498, 470
497, 533
689, 716
1, 643, 546
240, 680
450,675
155, 469
613, 042
473,901
215,106
654, 918
69, 926
330, 486
1 841 82?
' 136, 331
209, 322
161. 392
81, 455
187, 387
113, 710
633, 460
93, 810
87,107
953, 690
321,868
291, 387
109, 552
195,038
245, 257
807, 084
102,141
151, 541
128, 337
229, 458
196, 325
703, 792
911, 439
98,004
361, 998




Dollars
34,490
94,463
55,057
108,100
13,999
103, 238
61,801
28, 623
18,148
70,934
24, 877
49,886
19, 759
26,337
248,461
39, 348
122,590
28,015
46, 731
10,492
188,005
184, 335
333,688
21, 783
97, 892
260, 775
62,428
55, 375
223,916
45, 609
1,042, 404
137, 072
91,002
479, 048
94, 673
143, 374
392, 001
42, 363
84, 371
88, 220
318, 088
4,691
22, 244
445, 399
128, 764
60, 297
20. 578
106', 718
73,177
127, 382
12, 554
106,191
104, 273
41, 285
103, 740
122,891
561, 448
97, 699
115, 736

Progress of liquidation
to date of this report

Total
Additional
assets
assessment
upon
received
sharesince date
holders
of failure

Dollars
15,441
93,790
149, 409
52,309
3,352
33,876
46,941
19, 584
32,963
31, 480
62, 401
113, 702
46, 570
158,402
62,496
27, 573
48, 401
43,535
9,688
1,785
216,746
99, 665
403, 282
93, 370
89, 395
100,893
33, 019
36, 673
321, 620
99, 328
73, 203
93, 847
17, 223
303, 947
634, 231
83, 227
88, 079
49, 271
28, 017
55,818
9,337
147, 642
38, 807
7,015
11,048
168, 969
24,849
127,262
96,502
868, 828
145, 958
285. 541
42, 254
253,185
72, 379
47, 244
35, 760
71, 977
85, 638
35, 591
106, 326

Dollars
25,000
50,000
50,000
50,000
25,000
50,000
25,000
25,000
25,000
25,000
85,000
50,000
25,000
50,000
50,000
25,000
50,000
50,000
35,000
300,000
150,000
100, 000
100,000
100,000
150, 000
50, 000
50,000
25, 000
150,000
125, 000
50,000
75,000
25, 000
50, 000
50,000
50,000
50,000
50,000
50, 000
50,000
200, 000
25,000
150,000
25, 000
200,000
125, 000
50,000
25, 000
100, 000
50, 000
200,000
25,000
"50," 000
40,000
75,000
100,000
200, 000
50,000
100,000

Total assets
and stock
assessment

Cash collections
from
assets

v^asn collections
from
stock
assessment

Dollars
Dollars
Dollars
209,577
105,392
21,196
40,381
1,260,980
860,981
770,372
369, 776
40,569
442,856
195,973
29, 295
14,388
188,970
93, 427
477, 781
198, 699
12,898
423, 807
240,995
25,000
14,184
238,169
128,401
6,177
337, 331
212,053
244, 209
124,969
6,363
486,194
241, 678
67,683
1,017, 269
470, 633
30,891
10, 982
296, 786
158,239
1,196, 761
733, 287
31,408
867,320
436,654
19, 845
443, 740
245,925
23, 275
540, 423
279,103
21,977
27, 517
551,581
279, 204
197,640
54,185
15, 874
282, 700
301, 785
1,785
1,517,983
841, 458
41,941
63, 272
1, 398,867
796, 705
2,123,848
822, 255
75,877
1,638,215
702, 853
39, 693
2, 580, 004 1,192, 393
85, 656
28, 788
626, 243
331, 369
30, 235
1, 022,193
466, 226
10, 257
322, 886
214, 588
96, 578
1, 385,158
712, 866
107, 518
1, 020, 929
331, 264
15, 673
663, 477
417, 494
34, 325
2, 325, 113
654, 470
415, 029
176, 060
9,440
9,594
1, 081, 619
495, 661
6, 324 813 4, 202 811
426, 283
140,166
31, 634
600, 552
23,406
280, 091
768, 180
14, 748
153, 799
388, 348
10, 870
241, 069
420, 637
16, 147
216, 274
370, 268
21, 788
104, 066
1, 867,681
175, 389
741, 381
245, 570
17, 225
117, 542
157, 015
105, 748
5,090
294, 967
2, 526
159,163
124, 702
3, 064, 573 1, 717, 351
923, 586
20,485
337, 315
18,096
608, 181
238, 004
347, 624
8, 766
158,049
72, 658
2,040, 501
836,927
894, 693
7,000
424,112
142.034
2, 328,450 1,160, 303
18,154
304,154
186,918
1, 357, 662
319, 991 __
506, 733
20,602
265, 578
8,039
475, 499
205, 214
649, 208
52,434
315, 394
1, 579, 631
91,416
909, 438
2,036, 295
78,962
843, 219
702, 847
33,043
398,186
932,126
45, 816
385,188

loe:
1064
106!
107(
1072
107!
107<
109$
109!
109<
109*
110(
110c

not
not

me
mi
111!
112:
112;
112,
112*
113(
113;
113$
114(
114
114^
114*
115
115'
115;
115'
115(
115'
116
117
117'
117<
118(
118
118
118
118*
118<
120
120
120
12K
121
121
122
122
122
122
122
1221
123(
123
123
123

238

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. SI,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued

Unpaid
balance
E.F.C.
loan

1063
1064
1065
1070
1072
1075
1079
1092
1095
1096
1098
1100
1105
1106
1108
1110
1111
1115
1122
1123
1125
1128
1130
1133
1138
1140
1141
1144
1148
ii5i;
1152 i
1153!
1154
1156
1157
1161
1175
1177
1179
1180
,181
J186
{187
{188
{189
{201
{206
{208
{210
{213
{214
{221
{222
{225
{226
{227
{228
{230
{231
{232
J235

Dollars

Total
collections
from all Loss on
assets
sources,
comOffsets including
allowed offsets al- pounded
or
sold
and setlowed
tled
under
and unorder
of
paid balcourt
ance
R.F.C.
loan
Dollars
Dollars
Dollars
17, 252
139, 670
13,082
28,598
989, 988
88, 626
312,062
448, 879
38, 534
34,220
255, 345
30, 077
15,115
113, 629
5,814
203, 392
237, 287
25, 690
36, 372
293, 068
27, 073
71,659
155, 694
13,109
27, 662
229,155
10, 925
86, 131
139, 441
8,109
16, 645
326, 832
17, 471
467, 538
530, 622
29, 098
21,929
178, 981
9,760
231,139
833, 528
68, 833
313, 831
488, 388
31, 889
580
289, 243
20,043
188, 226
317, 497
16, 417
33,777
339, 810
33,089
98,008
80, 506
10, 447
284, 485
993, 789
416,135
110, 390
109, 703
71, 896
931, 873
880, 932
320, 661 1, 218, 793
682, 924
152, 438
894, 984
168, 411 1, 446, 460 1, 069, 200
63, 069
26, 522
386, 679
397, 611
43, 613
540, 074
55, 221
28, 015
252, 860
459, 778
62, 514
871. 958
163, 879
54, 891
493, 673
51,716
28, 688
461, 855
76, 262
765, 057 1, 519, 381
201, 936
12, 033
197, 533
37, 349
136, 600
641, 855
586, 743
4, 202, 811
225, 223
10, 894
182, 694
17, 812
252, 649
321, 309
48, 238
30, 739
216, 785
12, 964
4,763
264, 903
14, 885
139, 478
247, 306
6, 378
209, 824
132, 232
44, 417
232, 226
961, 187
13, 805
17, 528
148, 572
1,925
110, 838
45
25, 853
187, 542
249, 482
117, 873 1, 959, 926
392,137
69, 134
426, 934
21, 972
32, 491
288, 591
36, 262
9,881
176, 696
643, 281
160, 294 1, 069, 879
2,801
36,161
467, 273
786, 713
181, 434 1, 483, 771
17,357
9,513
214, 585
349,183
10, 741
330, 732
170,871
20,284
306, 464
205, 861
16,191
229, 444
65, 580
35, 036
402, 864
433, 699
136, 494 1, 137, 348
84, 743
105, 526 1, 027, 707
10,884
30, 635
461,864
62, 711
88, 299
519, 303

Footnotes at end of table, pp. 318, 319.




Disposition of proceeds of liquidation
Conservators'
distributions

Book
value of
remaining
uncollected
assets

Dollars
48,851
232,775
132,586
49,614

Book
value of
remaining uncollected
stock assessment

To secured
creditors

To unsecured
creditors

On secured
claims

Dollars
Dollars
3,804
9,619
9,431
20,705
10,612
37,102

Dollars

Dollars

94, 367
61,69l
125,400
81,858
113, 502
34, 946
152,192
6,677
155, 511

320,563

155, 283
64, 743
62
345,895
115, 579
362,009
1, 535, 259
485, 404
79,552
649,657
71,695
84,906
779,867
265, 714
118, 432
299, 999
381, 619
65, 366
677,747
8,233
158,198
802,807
213,142[
295,9281

Dividends paid
by receivers

10,816
18, 823
18, 637
17, 317
19,109
14, 018
18, 592
30, 155
1,725
28,023
22, 483
19, 126
17,300
108, 059
36,728
24,123
60, 307
64, 344
21, 212
19,765
14, 743
53, 422
17, 482
34, 327
40, 675
15,560
40,406
18, 366
26, 594
35, 252
39,130
33, 853
28,212
24, 611
7,775
44, 252
22, 474
75, 298
104, 515
31, 904
16,234
27, 342
43,000
57, 966
6,846
29,398
31, 961
22, 566
8,584
121. 038
16, 957
54,184

On unsecured
claims

Dollars
92,018
580, 669
293, 426
131,182
38, 307
132,114
119, 063
10, 712
121, 680
175, 376
64, 420
5,890
233, 292
301,839
81, 555
928
597, 550
206, 483
191, 420
207, 222
276, 733
30, 444
274,000
572,046
1,690
621, 939
539, 582
2,747
58, 075
418, 913
11, 452
828, 598
269,806
450, 755
133, 917
731, 908
311,107
9,524
297, 791
405, 286
1,786
140, 020
381, 502
U , 072, 386
88, 617
12,448
134,041
65, 036
88, 684
204, 490
33,861
16, 526
225,150
77,802
113, 310
6,840
91, 905
84,001
3,594
1, 055, 657
151,183
69, 630
11, oil
82,788
2,476
494, 607
4,125
148, 974
568
1,190,975
141,129
1,772

6,221
25,855
1,800

221, 340
88, 839
251, 971
717, 925
143,025
253, 239
220, 391,

239

KEPORT OF THE COMPTROLLER OF THE CURRENCY

1988, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Disposition of proceeds of liquidation—Continued

Secured
and preferred lia- Cash adReceivbilities paid vanced in Conser- ers'
salexcept
aries,
legal
protecvators'
through
"
other
tion
of
expenses
and
dividends, assets
expenses
including
offsets
allowed

Dollars
Dollars
Dollars
27,339
2,543
289,883
17,978
110,979
3,585
76,967
9,411
44,775
7,388
69,136
1,164
111, 999
274
13, 245
172
2,294
16, 278
5f
46, 623
11, 418
27,040
60,118
139,880
155,063
46, 778
51, 967
33, 688
31, 895
367,525
169,936
611, 587
334,161
539,438
70, 536
43, 859
79,153
94, 733
113, 928
94, 705
296, 815
42, 368
185, 932
3,367
67, 256
145,954
100,835
132, 040
14, 885
60,148
552,980
16, 374
59
73, 082
741, 667
229,120
127, 568
56, 577
397, 626
254, 737
192, 66^
50, 751
263,287
56, 358
116,306
349,156
802, 348
138, 554
239, 650

5,088
5,624
5, 241
9,887
5,782
11, 213
829
1,369
1,521
39,128
1,346
7,107
1,073
2,412
2,666
3,190
14, 361
8,501
212
266
27, 202
777
69
3,055
7,414
149
14, 470
1,039
46
4,805
3,294
33, 261
13,939
20,944
1,956
30,509
1,74"
25, 742
211
1, 5031
21
679
4, 569
25, 756!
5,1711




Cash in
hands of
comptroller
and receivers

Dollan
Dollan
3,177
14, 593
42, 667
58, 791
40,889
25,063
12, 722
15,600
7,559
34, 873
38, 617
12,403
20, 597
25, 276
22, 456
46,141
8,941
35, 409
22,103
8,653
75,869
14,988
57, 378
59, 577
34, 855
10,408
35,417
11, 678
24,078
4,482
16, 798
2,368
8,117
51,007
74, 760
"26," 110
63, 531
76, 728
65,899
38, 205
5,720
28, 289
17,171
21,533
15, 591
42,127
47, 794
6,483
37, 434
13,900
60, 958
15,145
63,008
11,14'
77, 317
22, 539
26, 044
28, 866
28,790
22, 055
36, 035
5,089
20, 5 r
21,548
54,88'
35,898
15, 594
2,255
12, 034
16, 544
10, 275
106, 235
51, 562
43, 337
38, 404
17, 753
3,163
93,644
58, 933
47, 315
13, 723
>,620
16,136
3,050
39,690
2,013
28, 555
19,616
3,180
34,099
16, 586
69, 588
44, 094
7,816
36,138
8,177
33, 949
18, 342

Amount
of claims
proved

Dividends
(percent)

Dollars
115,031
794,134
414,448
201,828
109, 455
258, 709
213, 798

73
70.80
65
35
51.07
55
159, 067 76.5
240, 242 73
113, 416 56.8
245, 556 95
625, 359 48.27
148,175 55
796,368 75
516, 392 40
294, 492 65
345, 370 60
327, 505 84.5
97,422 31.25
301, 754 90. 80
663,013 86.06
956, 877 65
1,120,968 47.72
1, 032, 807 46.04
1, 629, 564 50.85
359, 757 75
819, 554 55
167, 321 80
788, 610 92. 817
491, 803 62
415, 763 73
1, 593, 440 25.5
267, 018 52.44
762, 832 50
4,072, 386 »100
176, 709 50.15
239, 756 55.65
542, 450 12
126, 695 70
244,995 83. 469
226, 684 22.07
635, 379 35
153,158 74
161,165 61.27
152,878 55
1, 757, 772 60
415, 242 36.41
231, 497 30
165, 530 50
897, 24" 55
423,834 35
1, 426, 311 83.50
160, 397
288, 428
222,150
360, 249
980, 729
703, 367
423, 819
538, 230

76.74
40
70
70
20
60
45

Interest
dividends
(percent)

Date finallyclosed or
restored to
solvency

Apr. 1,1933
Aug. 14,1933
Sept~.~~5,~1933'
Dec!I6,l932
Sept."I," 1933

Aug.

1,1933

May"l5,l933
Sept. 30,1933
Mar. 1,1933
Nov. 1,1932

Dec.

1,1932

Mar.
Jan.

1,1933
3,1933

Aug. 1,1933
do
Aug. 15,1933
Jan. 3,1933
Jan. 11,1933
Sept.8, 1933

Dec. 31,1932
M a y 16,1933
Oct. 16,1933

1063
1064
1065
1070
1072
1075
1079
1092
1095
1096
1098
1100
1105
1106
1108
1110
1111
1115
1122
1123
1125
1128
1130
1133
1138
1140
1141
1144
1148
1151
1152
1153
1154
1156
1157
1161
1175
1177
1179
1180
1181
1186
1187
1188
1189
1201
1206
1208
1210
1213
1214
1221
1222
1225
1226
1227
1228
1230
1231
1232
1235

240

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

First National Eank, Farmland, Ind.1-_
Lamar National Bank, Lamar, S.C
Hartington National Bank, Hartington, Nebr
First National Bank, Cheraw, S.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__
._
Peoples National Bank, Middletown, Del
First and 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
First-Exchange National Bank, Coeur d'Alene, Idaho...
Minneapolis National Bank, Minneapolis, Kans
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
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, West Alexandria, Ohio
First National Bank, Sandersville, Ga
National Bank of Emmetsburg, Emmetsburg, Iowa
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, Langdon, N.Dak
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, CalifFirst National Bank, McHenry, 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, Montezuma, Iowa
First National Bank, El Dorado Springs, Mo
First National Bank, Delta, Colo
Farmers National Bank, Red Oak, Iowa
First National Bank, Taylorville, 111
First National Bank, New Bern, N.C
First National Bank, Clarksville, Ark
National Bank of Lumpkin, Lumpkin, Ga.
First National Bank, Tower City, N.Dak.
Footnotes at edd of table, pp. 318, 319.

1236
1237
1238
1239
1241
1242
1243
1245
1247
1249
1253
1254
1255
1256
1257
1258
1259
1261
1263
1264
1265
1266
1267
1269
1270
1272
1273
1275
1276
1277
1279
1280
1281
1282
1283
1284
1285
1287
1288
1290
1291
1292
1293
1294
1295
1296
1297
1298
1300
1302
1304
1305
1307
1308
1309
1310
1312
1313
1314
1316
1317




Capital
stock at
date of
failure

Dollars
40,000
25,000
40,000
50,000
50,000
500,000
50,000
25,000
25,000
80,000
150,000
100,000
25,000
25,000
40,000
1,000,000
100,000
60,000
50,000
30,000
100,000
50,000
25, 000
50,000
50,000
25,000
25,000
40,000
50,000
60,000
25,000
50,000
25,000
25,000
100,000
100,000
50,000
90,000
25, 000
50,000
50,000
200,000
100,000
100,000
100,000
25,000
100,000
150,000
130,000
50,000
35,000
50,000
50,000
50,000
50,000
60,000
200,000
150,000
100,000
. 25,000
25,000

Date receiver
appointed

Nov. 3,1928
Nov. 9,1928
Nov. 13,1928
Nov, 14,1928
Nov, 21,1928
Nov, 26,1928

-—do

Dee.
Dee.
Dec.
Dec.
Dec.
Dec.
Jan.

7,1928
10,1928
14,1928
24,1928
26,1928
31,1928
10,1929
12,1929
18,1929
19,1929
9,1929

Jan.
Jan.
Jan.
Feb.
Feb. 13,1929
Feb. 15,1929
Feb. 18,1929
do.
Feb. 20,1929
Feb. 21,1929
Feb. 23,1929
Mar. 2,1929
Mar. 5,1929
Mar. 13,1929
Mar. 14,1929
Mar. 15,1929
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
June 28,1929
July 1,1929
do
July 2,1929
July 3,1929
July 12,1929
July 15,1929
July 25,1929
July 30,1929
Aug. 14,1929
Aug. 16,1929
Sept. 16,1929
Sept. 23,1929
Sept. 25,1929
Oct. 14,1929
Oct. 18,1929
Oct. 26,1929
Nov. 18,1929
Dec. 7,1929
Dec. 10,1929

REPORT OF THE COMPTROLLER OP THE CURRENCY

241

1988, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1938.—Continued
B o o k value of assets at date of
failure

Estimated
good

Estimated
doubtful

Estimated
worthless

Progress of liquidation
to date of this report

Additional
Total
assets
assessment
received
upon
since date
shareof failure
holders

Dollars
Dollars
Dollars
Dollars
1,494
57, 042
44, 718
10,159
2,494
6,912
166, 462
19,831
243, 428
174, 700
90,610
38,088
110, 309
35, 382
131, 274
60, 535
264, 963
187, 282
112,196
89,447
299, 089
8,123, 464 1,070,097
938,815
204,104
463,144
206, 853
153,637
32, 768
21,089
63, 659
105, 789
140, 485
34, 873
65, 871
187,197
119, 051
47, 666
195, 906
399,828
813,433
184, 253
1, 268, 833
113,.169
94, 634
46, 501
251,873
194,447
22,923
30,135
46, 202
16, 601
8,259
22, 702
42, 033
33,998
81, 520
132, 545
128, 618
6,547
943, 695
7, 277, 683 1,194, 550 1, 492, 690
125,967
37,916
211, 021
804, 625
274, 462
129, 557
142, 500
280,881
84,164
301, 588
301, 745
85, 373
97, 254
150, 469
44, 256
169,120
274, 513
57,105
181, 452
131, 038
28, 422
261, 903
100, 670
165, 603
18,953
71, 598
27, 203
108, 968
34, 475
275, 893
196,455
55,126
90, 652
112,833
73,008
43,172
42, 261
17, 604
82,186
70,978
102, 306
63, 238
12, 042
34, 337
103, 584
69,988
289,934
66, 271
378,082
72,135
15,875
77, 510
441,349
56, 243
303, 761
42, 345
56, 235
217
24, 757
50, 910
325,168
12, 609
32, 667
296, 523
59, 678
31,651
189, 752
7,747
142, 649
51, 411
85, 764
138
232, 666
236, 331
21, 052
85, 097
1, 315, 256
293,814
183, 306
731, 968
236, 338
63, 417
82, 267
109, 667
456,963
69, 678
76,073
458, 887
152,126
54,923
33, 876
35,134
173,490
11,430
26, 759
113,710
134,102
18, 299
50, 890
78,536
885, 600
89, 086
730,857
413, 486
294, 669
276,029
163,116
234,813
700, 759
35, 779
231,915
409, 892
131, 400
113, 806
146,441
519,063
41, 094
5, 652
50, 573
7,051
208,158
411, 626
877, 755
326, 744
186,798
1, 203, 586
390, 535
535, 531
218, 300
1,164, 714
812,843
526,181
72,974
378,266
263, 683
695, 771
11,030
59,176
16,354
118,657
206,860
5,886
99,772
153, 078
51,114
298,984
116,382
149, 375
133,113
13, 479
163, 553
105, 651
67, 721
307, 531
203,840
90,903
103,854
217,966
247,884
5,966
133,237
841, 377
525, 887
207,807
1, 244, 289
33, 742
218, 871
528, 445
28, 211
152, 009
150, 757
236, 321
4,034
40, 373
57, 401
16, 287
10,814
63, 549
3,901
38, 795




Dollars
40,000
25,000
40,000
50,000
50,000
500,000
50,000
25,000
25, 000
80,000
150,000
100,000
25,000
25,000
40,000
1,000,000
100, 000
60, 000
50,000
30,000
100, 000
50, 000
25,000
50, 000
50,000
25,000
25, 000
40,000
50, 000
60, 000
25,000
50,000
25, 000
25, 000
100,000
100,000
50, 000
90,000
25, 000
50,000
50,000
200, 000
100, 000
100,000
100,000
25, 000
100, 000
150, 000
130,000
50, 000
35, 000
50,000
50,000
50,000
50,000
60, 000
200, 000
150,000
100,000
25,000
25,000

Total assets
and stock
assessment

Dollars
153,413
220, 699
586,826
387, 500
703, 888
10, 931, 465
1, 077, 738
248, 305
453, 426
842, 451
2, 529, 688
687, 455
140,861
131, 992
389, 230
11, 908, 618
1, 279, 529
887,400
822,870
491, 099
744,108
606,598
251, 722
611,949
369,665
238,029
236,923
569, 777
593, 602
903, 698
157,119
716,967
313, 828
304,962
675,146
2, 624, 344
541, 689
1,151, 601
301, 059
375, 389
331, 827
2, 319, 029
1, 068, 627
1, 478, 345
1,010, 710
129, 370
1,924, 283
2, 466, 450
2,852, 038
1, 460, 694
240, 217
515, 596
665,855
465, 796
719, 995
635, 670
1,908, 308
2,175, 347
667, 298
143,095
142,059

C a s h collections
from
assets

Cash collections
from
stock
assessment

Dollars
Dollars
45, 258
29,950
66, 070
20, 677
298, 760
25, 705
91, 892
23, 644
419, 783
11,865
7, 455,490
282,115
323, 561
42, 585
132, 630
600
252,044
17,877
400, 450
68,349
1, 329, 651
78, 652
346, 529
70, 504
47,143
4,308
54,077
10, 400
208, 747
32, 407
7, 590,185
664,445
839,132
33, 660
264, 360
46, 635
42,121
445,095
331,425
23,934
261, 062
23,460
285, 295
21, 244
140, 276
3,720
230, 795
36, 234
154,384
5,911
10,367
99,113
105, 298
3,831
337, 359
34,005
220,142
11, 024
384, 434
42, 937
7,416
70, 260
420,087
35,200
104,965
11,189
170, 426
10, 672
20, 632
225,976
965, 607
29,337
113,777
9, 259
615,819
82, 516
119, 579
16, 200
128, 846
26,979
136, 781
19, 383
732, 605
125,042
431, 277
38, 693
358, 018
62, 267
603, 449
77,166
1,754
34, 513
795, 240
50, 421
1, 095,103
111,996
1, 267, 661
115, 518
732,186
37,068
140, 289
22, 281
156, 355
20,956
296, 550
18, 500
155,890
28,196
299,158
15, 788
293, 023
51,005
152,104
1,035,021
470,672
2,000
216,666
23,168
15,121
35, 594
7,130
49, 436

1236
1237
1238
1239
1241
1242
1243
1245
1247
1249
1253
1254
1255
1256
1257
1258
1259
1261
1263
1264
1265
1266
1267
1269
1270
1272
1273
1275
1276
1277
1279
1280
1281
1282
1283
1284
1285
1287
1288
1290
1291
1292
1293
1294
1295
1296
1297
1298
1309
1302
1304
1305
1307
1308
1309
1310
1312
1313
1314
1316
1317

242

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued

Unpaid Offsets
balance allowed
R.F.C. and setloan
tled

Dollars
1236
1237
1238
1239
1241
1242
1243
1245
1247
1249
1254
1256
1357
1258
1259
1261
1263
1264
1265
1266
1267
1269
1270
1*73
1273
1275

7,000

4,900

1*77
1279
1281
1283
1284
1285
1287
1288
1290
1291
1292
1293
1294
1295
1296
1297
1298
1300
1302
1304
1305
1307
1308
1309
1310
1312
1313
1314
1316
1317

1,166
13, 000
1,400
10,600
41,000

5,166

Dollars
8,579
6,923
29, 845
39, 676
977,027
43, 351
10, 585
25,119
17, 702
141 604
45, 209
4 159
19, 570
42, 675
799, 856
95, 683
44 891
36, 547
28, 227
29, 853
51 515
19, 052
40, 422
9,607
8,542
19, 586
• 44 995
18, 412
59, 979
3 382
25, 564
9 319
9.967
56,175
251,187
45,110
61, 731
21, 274
12, 897
8,646
116,001
15, 099
61, 702
63, 657
765
61, 039
208, 566
136, 702
57,908
7,116
13 875
31 407
17 702
112, 768
19 028
73, 752
65,828
56, 487
3,529
3,945

Total
collections
from all
sources,
including
offsets allowed
and unpaid balance
R.F.C.
loan

Conservators'

distributions

Loss on
assets
compounded
or sold
under
order of
court

Dollars
Dollars
68,155
75, 208
121,050
95, 326
241,143
361, 388
17, 344
145, 381
192, 709
471, 324
8, 714, 632
884, 901
409, 497
165, 505
143, 815
14, 494
295, 040
35, 058
486, 501
323, 835
1, 549 907
230, 695
462, 242
195, 717
55, 610
59, 643
7,064
84, 047
97,808
283, 829
9, 054, 486
317, 229
988, 475
58, 889
355, 886
111, 737
530, 763
60, 225
383, 586
57,955
314, 375
72, 419
41, 732
358, 054
635
167, 948
307, 451
79, 987
169, 902
34, 893
118, 022
105, 374
128, 715
36, 391
147, 423
416, 359
10, 844
249, 578
104, 489
487, 350
81, 058
11, 228
10, 380
480, 851
6,366
125, 473
24, 843
191, 065
302, 783
78, 461
206, 496
1, 247, 231
15, 072
181,146
5,117
760, 068
4,514
158, 453
6,322
1G8, 722
16, 532
175, 410
40, 760
1, 014, 648
485, 069
145, 143
43, 851
481, 987
243, 604
744, 272
67, 914
37, 032
127, 510
906, 700
271, 508
1, 415, 665
338, 913
1, 519, 881
827,162
105, 781
3,663
169, 686
295, 366
191,186
121,602
346 457
201, 788
39, 701
9,449
427, 714
363, 056
263,619
153, 240
1,260, 877
147,954
538, 500
45,038
296, 321
78,972
54, 244
5,105
65, 611

Footnotes at end of table, pp. 318,319.




Disposition of proceeds of liquidation

Book
value of
remaining
uncollected
assets

Dollars

198, 419
1,720
1,114, 047
495, 321
65,596
116, 205
20,464
677, 738
4,916
26, 281
2, 201, 348
185, 825
406, 412
231, 003
43, 492
280, 774
178, 056
66,759
210, 745
120, 781
50, 648
294, 204
294, 796
47, 249
210, 936
168,178
74, 726
214, 534
1,101, 054
317, 730
378, 934
130, 692
177, 324
119,868
1, 229, 663
377,108
914, 774
1,178
840, 494
741, 275
978, 762
514,819
54,149
166 296
202, 503
248, 620
446, 295
1,340,893
249,107
58, 573

Book
value of
remaining uncollected
stock assessment

To se- To uncured secured
credi- creditors
tors

Dollars
Dollars
10,050
4,323
14, 295
26,356
38,135
217,885
7,415
24,400
7,123
11, 651
71, 348
29, 496
20, 692
14,600
7,593
335, 555
66, 340
13, 365
7,879
6,066
76, 540
28, 756
21, 280
13, 766
44, 089
14, 633
21,169
5,995
38, 976
17,063
17, 584
14,800
13,811
14, 328
79, 388
70, 663
40, 741
7,484
8,800
23, 021
30, 617
74, 958
61, 307
37, 733
22, 834
23, 246
49, 579
38, 004
14, 482
12, 932
12, 719
29,044
31 500
21,804
34, 212
8,995
47,896
148,000
76,832
9,879
17,870

Dollars

Dividends paid
by receivers

On secured
claims

On unsecured
claims

Dollars
28,140

Dollars
15
36, 282
228, 470
66, 366
7,199
334, 263
s 32, 430 8 5,276,123
190, 987
107, 042
172, 888
9,195
234, 696
27, 569
9
36, 555 9 864 697
384, 417
27, 943
11, 111
127, 838
8
6, 442, 660
8 7, 979 8 611,951
115,480
13, 589*
388, 526
266, 492
70, 064
9,343
247,197
72, 549
142, 532
13, 845
93, 991
1,782
44, 654
86, 271
330 129
29, 839
29,009
344, 443
46, 304
245, 454
59,136
123, 619
55, 686
19, 540
8 129, 919 8 442, 276
33,593
9,111
564, 495
6,912
68, 283
28, 507
5,718
115,914
82,104
70, 745
67, 890
33, 816
177, 594
13, 515
323, 290

23,091

232, 373
675, 692
262,836
610,145
107, 234
11, 503
231 420
122,067
178, 051
313,946
720, 347

10, 268
1,923
3,011

104,287
11,451
31,272

41, 433
25,164
69, 954
8,682

8

REPORT OP THE COMPTROLLER OF THE CURRENCY

243

1988, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1938.—Continued
Disposition of proceeds of liquidation—Continued

Secured
and preferred lia- Cash adReceiv- Cash in
bilities paid vanced in Conser- ers' sal- hands of
except
aries,
compvators'
protecthrough
and troller
of expenses legal
dividends, tion
and
reother
assets
including
expenses ceivers
offsets
allowed

Dollars
44,999
40, 585
76, 813
49, 211
108, 745
2,869, 707
73, 673
17, 305
72, 457
534, 031
50, 676
14,179
34, 367
133, 298
2, 282, 245
314, 287
78,031
98, 977
55, 865
155, 967

72, 947
109, 622
48, 544
60, 275
24, 208
62, 410
152, 399
61,161
22,063

155, 768
37, 017
35, 962
190, 271
564, 527
105, 030
137, 690
54, 334
96, 891
29, 438
760, 083
341, 535
204, 291
27,009
542, 661
629,196
997,840
133, 777
45, 874
150, 764
31, 596
58,854
211,990
26,857
428,969
150, 299
23, 603
18,843

Dollars

Dollars

227
34, 424
55, 681
2,384
3,734
14, 310
1,742
90
233
112, 815
591
33, 922
12, 761
9,502
31, 221
7,225
1,261
651
3,236
656
2,034
182
5,738
1,972
153
33, 982
5,019
8,981
36, 867
6,166

18, 218
8,143
3,737
3,115
42, 278
400
32, 228
58
8,014
8,015!
4,074
263
348
28,700
6
665
2,308
27,285
2,460
710
1,035
202




Dollar,
Dollars
2,054
18, 457
26,105
6,781
15, 597
7,472
20, 836
172, 830
329,118
61, 708
27, 448
18, 610
858
24, 698
13, 418
35, 233
17,181
52, 486
47,828
25, 407
5,324
8,074
27,144
11,192
18, 999
3,r
155, 643
61,123
32, 454
1,213
36, 340
78, 524
26, 972
3,527
36, 520
15, 207
41, 839
5,941
18,
25,
18,
10,

642
928
903
655

13, 521
23, 638
23, 578
40, 480
9,484
34, 570
24,143
11, 287
27, 508
59, 278
26, 718
35, 418
19, 751
27,187
25, 467
50, 513
30, 864
42, 495
56,064
6,905
49, 595
59,988
77,074
40,927
15, 611
20, 237
27,133
18,010
34, 525
19, 945
40,871
55, 075
22,413
16, 232

5, 861
2,549
14, 873
5,228
2,681
9,015
39, 294
3,054
11, 077
3,088
15,178
797
14, 364
528
4,245
1,050
8,682
1,476
8,925
10, 564
11,864
37, 932
3,118
32, 624
17,610
108,103
42, 050
569
27,608
2,851
2,483
12,898
51,996
8,344
2,385

Amount
of claims
proved

Dividends
(percent)

Interest
dividends
(percent)

Date finally
closed or
restored to
solvency

Dollars
30
32.3
61.1
28
84
6, 478, 935 8 84
763, 464 25
184, 626 58
246, 505 70
514, 268 53. 3333
1, 487, 938 9 58
381, 024 100
50,806 55
55, 560 20
142, 058 80
6, 507, 952 8 98. 18
699, 095 8 87.5
505, 742 25
518,113 75
368, 628 72.5
312, 368 25
385, 371 64
105,143 69
364, 062 40
144, 605 65
106, 999 41.5
141, 380 60
342, 729 96.31
393, 279 15
626, 074 55
56,895 80
444, 088 55
203, 965 29
184, 505 67
222, 642 25
1, 736, 965 8 32
284, 711 15
807, 301 70
170, 634 40
132, 314 20
154, 483 75
924,126 16.5
364,190 20
18
405, 488 80
65,406
909, 312 25
1, 261, 458 55
1,126, 401 23
1,109, 355 8 55
112,886 95
303,102
6. 66
462,957 50
297, 724 41
363,072 49
380,657 82.48
856,963 84
1,183, 295
260, 716 40
65, 807 17.25
56,679 55
93, 851
111,849
373, 942
262, 378
397,936

July 5,1933
Sept. 1,1933
July 1,1933

1236
1237
1238
1239
1241
1242
1243
1245
1247
1249
1253
Oct. 24,1933 1254
1255
1256
1257
1258
1259
1261
1263
1264
1265
1266
1267
1269
1270
Jan. 12,1933 1272
1273
Sept." "I," 1933" 1275
1276
1277
1279
1280
1281
1282
1283
1284
1285
1287
1288
1290
1291
1292
1293
1294
1295
1296
1297
1298
1300
1302
1304
Feb. 9,1933 1305
1307
1308
1309
Oct. 20,1933 1310
1312
1313
1314
Sep't.""I,"l933 1316
1317

244

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

1318
1319
1320
1321
1322
1323
1324
1325
1327
1328
1329
1330
1331
1332
1333
1334
1335
1337
1338
1339
1342
1343
1344
1345
1346
1347
1348
1349
1350
1351
1352
1353
1355
1356
1357
1358
1359
1360
1361
1362
1363
1364
1366
1367
1370
1372
1373
1374
1375
1379
1380
1381
1382
1383
1384
1385
1386
1387
1388
1389
1390
1391

Griswold National Bank, Griswold, Iowa
First National Bank, Grundy, Va
Carolina National Bank, Spartanburg, S.C
First National Bank, Greeley, Nebr
First National Bank in Mount Sterling, 111
First National Bank, Sampson, Ala.
First National Bank, Seward, Pa
First National Bank, Florala, Ala
First National Bank, Bishopville, S.C
First National Bank, Burlington Junction, Mo
Dothan National Bank, Dothan, Ala
First National Bank, Humphrey, Nebr
._
Texas National Bank, Fort Worth, Tex
First National Bank, North wood, N.Dak
First National Bank of Royse, Royse City, Tex
First National Bank, Ennis, Tex
First National Bank, Roy, Mont
First National Bank, Brantley, Ala
First National Bank, Gaffney, S.C
First National Bank, Ambrose, N.Dak
American National Bank, Kewanna, Ind
First National Bank, Tranquillity, Calif
First National Bank, Milford, 111
First National Bank, Tallassee, Ala..
First National Bank, Edmore, N.Dak
Commercial National Bank, Chatsworth, 111
Citizens National Bank, Streeter, N.Dak
First National Bank, Rising Star, Tex
First National Bank, Coffee Springs, Ala
Commercial National Bank, Independence, Kans
Security National Bank, Cherokee,1 Iowa
First National Bank, Hazard, Ky.
Peoples First National Bank, White Hall, 111
First National Bank, Wanette, Okla
Central National Bank, Bartlesville, Okla
_.
First National Bank, Norris City, 111
Pana National Bank, Pana, 111.
Farmers National Bank, Oskaloosa, Iowa i
National Bank of Tifton, Tifton, Ga
State National Bank, Idabel, Okla
Saunders County National Bank, Wahoo, Nebr
First National Bank, Pineville, W.Va
First National Bank, Jasper, Fla
National Loan & Exchange Bank, Greenwood, S.C.
First National Bank, St. Petersburg, Fla
Farmers National Bank, Strawn, 111
__
First National Bank, Cheboygan, Mich
First National Bank in Poultney, Vt
New First National Bank in Farmland, Ind
First National Bank, Litchville, N.Dak
First National Bank, Williams, Iowa
Union National Bank, Connellsville, Pa
First National Bank in Fresno, Calif
,.
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 1
First National Bank, Farmersville, Tex.
-...

Port Newark National Bank, Newark, N J

Footnotes at end of table, pp. 318, 319.




Capital
stock at
date of
failure

Date receiver
appointed

Dollars
50,000
50,000
200,000
25,000
50,000

Dec. 13,1929
__._do
Dec. 30,1929
do
Jan. 7,1930
100,000 Jan. 8,1930
25,000 Jan. 10,1930
100,000 Jan. 13,1930
100,000 Jan. 18,1930
25,000 Jan. 22,1930
400,000 Jan. 30,1930
35,000 ....do.
500,000 Feb. 4,1930
50,000 Feb. 5,1930
50,000 Feb. 11,1930
100,000 — .do
25,000
do
50,000 Feb. 17,1930
150,000
do
25,000 Feb. 20,1930
25,000 Feb. 25,1930
50,000 Feb. 27,1930
50,000 Mar. 4,1930
25,000 Mar. 6,1930
25,000 Mar. 8,1930
do
40,000
25,000 Mar. 10,1930
25, 000 Mar. 12,1930
25, 000 Mar. 13,1930
250,000 Mar. 14,1930
50,000 Mar. 17,1930
100, 000 Mar. 18,1930
100,000 Mar. 20, i930
25, 000 Mar. 24,1930
100,000 Mar. 29,1930
25,000 Mar. 31,1930
100, 000 Apr. 1,1930
100, 000 Apr. 9,1930
100, 000 Apr. 12,1930
50, 000 Apr. 19,1930
50, 000 Apr. 22,1930
25, 000 May 1,1930
30,000 May 13,1930
100,000 May 16,1930
600,000 June 9,1930
25,000 June 11,1930
50, 000 June 12,1930
100,000 June 20,1930
25,000 June 25,1930
25, 000 June 30,1930
25,000 July 1,1930
50,000 July 3,1930
400, 000 July 7,1930
30, 000 July 9,1930
100,000 July 21,1930
100,000 July 31,1930
25,000 Aug. 1,1930
25, 000 Aug. 4,1930
100, 000
do
50,000
do
50,000 Aug. 6,1930
200,000 Aug. 8,1930

BEPORT OF THE COMPTROLLEB OF THE CURRENCY

245

1988, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 81, 1933.—Continued
Book value of assets at date of

Progress of liquidation
to date of this report

failure

Additional
Total
assets
assessment Total assets
received
upon
and stock
col- Cash coldate
shareassessment Cash
lections lections
Estimated Estimated Estimated since
from
holders
of
failure
from
good
doubtful worthless
stock
assets
assessment

Dollars

Dollars

222, 370
106,095
413,967
60, 769
236,630
40,355
47,834
118, 770
88,988
142,168
784, 467
179, 795
4, 418, 264
64, 376
72, 535
280,845
29,144
53, 359
1,022, 251
64, 838
157,941
190,440
215,477
151, 606
41, 616
213, 643
46, 040
122, 542
32,128
3,858, 565
13, 407
37, 655
241, 374
78,007
480, 356
114, 396
318,034

201,318
115,938
. 509,959
212,117
159, 213
87,801
121, 635
289, 762
494, 952
134, 840
611, 767
133, 521
2,070, 569
236,112
56, 024
269,102
50, 627
112,645
409, 044
46, 351
73, 270
94, 744
149,089
105, 956
79, 317
167, 012
151, 038
105, 942
38, 072
1, 416, 427
105, 906
57, 212
307, 646
127, 487
309, 240
63, 787
553,102

4,412
37,391
387,330
58,973
532, 793
118, 001
63,127
113,419
122, 256
58, 242
343,092
69, 618
294,186
39,897
81, 649
55,165
22, 679
29, 591
220,847
10, 761
22, 221
66,882
72,973
27, 367
42,171
41, 712
40, 516
3,341
9,462
525, 912
78, 737
119,122
17, 211
28, 455
186, 233
21, 810
34, 792

307, 017
189, 627
116, 038
154, 867
201, 856
202,160
1, 977, 477
88, 497
741, 650
709, 925
58, 288
38, 016
55, 917
376, 426
1, 812, 938
73, 630
913,376
1, 234, 247
56, 961
74,172
730, 411
265, 528

249, 399
125, 644
446, 665
118, 464
27, 951
763, 742
3, 905, 656
38, 383
481, 398
141, 809
87,705
149, 302
178, 315
381, 485
1, 950, 672
74, 489
1, 089, 340
1, 875, 302
85, 859
77, 552
493,144
276,120

116, 502
67, 638
249, 688
58,138
199
222, 790
394, 067
25, 319
21, 026
212,190
5,779
5,030
4,823
47, 611
487, 867
16, 365
274, 851
87, 043
13, 328
16, 205
56, 032
110,068

306, 884

426, 5381

94, 8*11




Dollars

Dollars
100,933
52,604
65,604
8,637
13,607
36, 754
13, 056
66,832
32, 686
208, 505
67, 660
36,959
943,662
35,801
15,476
36, 099
25, 611
46,804
68,900
4,006
24, 665
42, 096
22,836
88, 764
4,392
29, 783
88,000
4,680
1,604
242, 324
10,107
6,059
41, 736
77, 362
73, 849
10, 980
35, 393
1,031
178, 766
8,620
82, 669
7,281
39,168
163, 087
943, 623
5,734
400, 261
29, 661
16, 677
22, 596
37,145
49, 272
121, 519
5,859
192, 680
209, 613
8,862
59, 229
173, 671
19,297
1,580
6,572

Dollars
50,000
50,000
200,000
25,000
50,000
100, 000
25,000
100,000
100,000
25,000
400,000
35,000
500,000
50,000
50,000
100,000
25,000
50,000
150,000
25,000
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
25, 000
100, 000
25,000
100, 000
100, 000
100, 000
50, 000
50,000
25,000
30,000
100, 000
600,000
25,000
50, 000
100,000
25,000
25, 000
25, 000
50,000
400,000
30, 000
100,000
100, 000
25, 000
25,000
100,000
50,000
50,000

Dollars

Dollars

361,300
579,033
115,221
362,028
490,635
1, 576,860
124,516
365,496
481,856
992, 243
81,812
382,911
91,808
270, 652
224, 215
688, 783
133,123
838,882
157,124
568, 755
677, 550
2, 206, 986
270, 217
454, 893
8, 226, 681 4, 764, 234
129,901
426,186
90, 670
275, 684
300, 331
741, 211
42, 241
153, 061
79, 298
292, 399
1,871, 042 1,078, 239
35, 784
150, 956
165,198
303, 097
237,977
444,162
296, 528
510, 375
167, 629
398,693
44, 201
192, 496
202,125
492,150
55, 704
350, 594
81, 478
261, 505
32,045
106, 266
6, 293, 228 3, 414,112
55, 679
258,157
31, 996
320, 048
284, 555
707, 967
147, 860
336, 311
793, 061
1,149, 678
115, 699
235, 973
454, 322
1, 041, 321
1,031
101, 031
951, 684
300, 010
441, 529
158, 505
945, 060
453, 500
363, 750
105,192
299,174
93, 204
1, 451, 779
404, 870
7,820, 823 2, 720, 796
182, 933
92, 927
1, 694, 335 1, 210, 551
585, 617
1,193, 585
193, 449
77, 031
75, 614
239, 944
92, 331
301, 200
389, 665
904, 794
4, 772, 996 3, 087,152
200, 343
67, 794
2, 570, 247 1,172,917
3, 506, 205 1, 844, 529
95,100
190, 010
129, 064
252,158
774, 714
1, 553, 258
243,183
721, 013
1,580
51, 580
834, 805
634, 862

Dollars
25,353
17,374
137,011
10,043
24,448
11,982
7,462
49, 234
65,963
12,500
134,360
18, 200
112, 331
8,430
13, 772
65,840
1,020
29, 350
119, 045
13, 021
16, 036
35, 599
21,336
5,500
13,150
21,711
1,969
13, 871
4,732
169, 469
26, 386
41, 800
59, 990
3,890
45, 691
24,000
62, 040
73, 516
37, 737
1,750
7,780
4,452
5,736
32, 221
305,975
18, 616
44, 700
86, 550
19, 519
11,08]
15, 700
33,153
271, 679
3,248
45, 862
64, 549
5,150
14,165
74, 745
4,133
47, 258

1318
1319
1320
1321
1322
1323
1324
1325
1327
1328
1329
1330
1331
1332
1333
1334
1335
1337
1338
1339
1342
1343
1344
1345
1346
1347
1348
1349
1350
1351
1352
1353
1355
1356
1357
1358
1359
1360
1361
1362
1363
1364
1366
1367
1370
1372
1373
1374
1375
1379
1380
1381
1382
1383
1384
1385
1386
1387
1388
1389
1390
1391

246

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued
Total
collections
from all
sources,
Unpaid Offsets including
balance allowed offsets
R.F.C. and set- lowedalloan
tled
and unpaid balance
R.F.C.
loan
Dollars
1318
1319
1320
1321
132?
1323
1324
1325
1327
1328
1329
1330
1331
1332
1333
1334
1335
1337
1338
1339
1342
1343
1344
1345
1346
1347
1348
1349
1350
1351
1352
1353
1355
1356
1357
1358
1359
1360
1361
1362
1363
1364
1366
1367
1370
1372
1373
1374
1375
1379
1380
1381
1382
1383
1384
1385
1386
1387
1388
1389
1390
1891

Dollars
27,585
12, 558
77,070
16,494
11,606
3,668
5,616
63,392
12,468
62, 295
73,067
17,465
623, 350
6,486
17,400
8,781
44,070
9,800
2,836
9,310
69, 259
2,461
12,564
25,806
25,059
51,067
9,003
32, 635
37, 472
10,147
10, 057
973, 528
9,724

5,000

8,400
3,700
14, 500

24, 000

11,448
60,189
83,008
8,226
29,823
41, 899
49,454
59, 676
33, 443
9,731
62, 530
482, 427
6,168
48, 349
57, 412
6, 985
10, 937
47, 539
39, 418
344, 337
4,540
253, 962
65, 585
6,450
7,305
135, 997
33, 757
2,889

Disposition of proceeds of liquidation
Conservators'
distributions

Dividends paid
by receivers

Loss on
Book
assets
value of
Book
comvalue of remainpounded remaining
ing un- To se- To unor sold uncollected collected
under
stock
as- cured secured
assets
order of
credisessment credicourt
tors
tors

Dollars
Dollars
414,238
140,148
145,153
1,358
704,716
64,645
151,053
6,283
517,910
13,984
97,462
6,480
104,886
6,028
336,841
36, 539
211, 554
116,984
231,919
28,463
884,977
52,146
305,882
12,026
5,499,915
270,189
162, 217
18,428
113,223
22,891
420,041
28,482
46,097
37,981
117,958
25,027
1, 266, 543
11,923
51, 266
14,591
193,798
1,322
299, 382
16,493
342,923
38,609
224,196
6,731
66, 354
16,267
256,471
8,313
95,145
6,473
105, 496
8,034
46, 834
11, 302
4, 557,109 1, 655, 588
91, 789
27, 944
73, 796
128,929
355, 993
95, 645
211, 939
7,456
921, 760
173, 609
147, 925
87, 048
551,185
38, 872
74, 547
379, 646
65,170
209, 709
9,633
520, 956
105,
400
151, 487
12, 051
112,371
12,
263
514,121
68, 031
3, 509,198
757,838
117,711
57, 561
1, 303, 600
73, 721
729, 579
70,164
103, 535
12, 676
97, 632
13,180
155, 570
75, 268
486, 236
8,276
3, 703,168
232, 369
75, 582
1,271
1, 472, 741
138, 058
1, 974,663
106, 700
164, 349
150, 534
63, 460
985, 456
15, 475
281, 073
159, 254
48, 838
146, 702
637, 751
197, 050

Footnotes at end of table, pp. 318, 319.



Dollars

Dollars
182,891
744,510
193, 203
434,797
190,951
142, 200
264, 637
476, 307
295,873
1,004,223
120,185
2,068,908
221,371
103, 342
268,328
45,003
128,764
561,621
73,120
99,013
113,886
100,179
148, 266
98,025
209, 077
225, 945
136, 846
27,862
114,810
59,123
216, 319
95, 806
418, 304
444, 605
173, 937
276, 484
188,064
153, 976
816, 348
3, 259, 762
1,277
311, 714
380, 392
71,757
115, 213
61, 062
417, 435
709,138
96, 738
905, 310
1, 331, 742
75, 314
383, 293
247, 371

4

24,647
32,626
62,989
14,957
25,552
88,018
17,538
50,766
34,037
12,500
265,640
16,800
387, 669
41,570
36,228
34,160
23,980
20,650
30,955
11,979
8,964
14,401
28, 664
19,500
11,850
18, 289
23,031
11,129
20,268
80, 531
23, 614
58,200
40, 010
21,110
54, 309
1,000
37, 960
26, 484
62, 263
48, 250
42, 220
20, 548
24, 264
67, 779
294. 025
6,384
5,300
13, 450
5,481
13,919
9,300
16,847
128, 321
26, 752
54,138
35, 451
19,850
10,835
25,255
45,867

2,742

Dollars Dollars

On se- On unsecured
cured
claims claims

Dollars

Dollars

331,510
47,074
392,628
46,359
71,924
16,662
665
56,887
153,970
22, 588
89, 641
13, 230
92, 622
11, 223
391,632
158, 497
23,192 1,682,179
51,902
1,818
85,619
300,748
10,913
2, 502
77,208
929,490
11, 573
1,824
140, 433
164,856
242,403
101,166
881
20, 634
2,194
125,007
7,719
1,839
45, 679
24, 429
s 578,160 8 2,718,282
46, 615
1,446
24,000
229, 474
56,837
2,385
316, 068
32, 401
120, 406
192, 253
3,494
66, 000
152, 301
13, 389
35, 845
53, 245
35, 221
7,299
227, 031
5,225
60, 449 1,127, 395
84, 678
1,128, 486
532, 355
61, 407
44,134
«
36,918
353, 776
8 2,268,803
12,497
3,798

522, 524
3,630 1, 325, 960
21, 744
120, 700
395, 771
167, 563
85, 711
7,898
43, 690
9 613, 381

REPORT OP THE COMPTROLLER OF THE CURRENCY

247

1983, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued

Disposition of proceeds of liquidation—Continued

Secured
and preferred liaReceiv- . Cash in
bilities paid Cash adsal- hands of
vanced in Conser- ers'
except
aries,
compprotecvators'
through
troller
tion of expenses
other
and redividends,
assets
expenses ceivers
including
offsets
allowed

Dollar,
Dollars
Dollars
66, 580
2,594
69, 676
10, 425
210,847
8,923
72,151
619
410, 756
207
58,476
3,501
29, 253
1,821
802
131, 652
75, 672
5,369
83, 740
382,482
29, 216
119, 273
138
3,496, 722
66, 547
76,067
6,760
8,824
200
81, 959
2,546
22,816
151
21,48"
2,
245,939
17,146
15,914
8,430
30,134
2,578
105,047
301
57,104
400
75, 606
8,461
26, 519
576
92,416
968
67,155
2,286
41, 715
202
13, 871
1,161, 403
4,444
16, 763
27, 350
2,075
69, 828
3,240
124,194
19
548,182
16, 846
311, 020
13, 387
174,
169,
302,
66,

295
531
505
394

194,153
1, 871, 061
18, 430
100,847
145,479
28, 347
29, 637
96, 691
93, 519
1, 248, 373
59, 383
846, 399
570, 553
73, 326
8,747
365,173
152,196

5,233
372
1,023
12, 549
5,005
30, 016
222, 373
79
1,582
99
1,513
6,858
1,857
2,034
30, 748
418
10, 882
6,217
1,581
171


31460°—34 17


Dollars
Dollars
13, 554
1,410
16, 568
20,822
58,999
6,388
21, 738
7,404
27, 619
3,284
14,874
5,351
11, 574
5,984
21,845
6,510
21,132
29,738
14, 596
62, 769
18, 878
21, 569
6,405
163, 392
67,883
5,136
20, 534
5,623
12,957
2,569
32, 219
1,954
7,761
1,343
15, 251
31,924
42,044
3,578
9,947
2,521
18,132
13, 376
15,802
16,121
26,895
20, 430
17, 652
8,979
8,028
18,421
20, 051
2,916
14, 548
923
14, 893
1,497
6,835
48, 429
50, 835
2,582
21, 385
10, 694
8,231
32, 802
20, 649
11, 804
16, 700
25, 020
10, 635
5,015
26, 016
3,135
5,412
22,157
25, r "
5,619
20, 798
"44, 942 136, 641
5,839
13, 460
1,365
16, 595
5,147
52, 549
66, 315
161, 605
6.904
7,620
42, 640
30, 045
16, 926
34, 720
1,395
10,873
5,858
11,145
6,712
13, 392
12, 956
23, 951
52, 568
102, 676
4,966
10, 815
22, 377
70, 559
10, 752
57, 551
10, 049
5,659
15,428
40, 013
16,936
20, 290
14, 807
51,148
572
16, 909

Amount
of claims
proved

Dividends
(percent)

Interest
dividends
(percent)

Date finally
closed or
restored to
solvency

2.32

Feb. 18,1933

Dollars
147,194
6666
872, 344
231, 707
449,861
86, 723
142, 216
287,420
510, 361
330,148
889, 690
216, 355
4, 003, 324
216, 258
142, 282
447, 985
3333
53, 687
122, 553
1,178, 202
5
88, 724
193, 722
206,068
323, 204 75
335,929 30
119,958 19
277, 675 45
5
189, 996
152, 316 30
37, 586 65
3, 576, 685 8 76
133, 215 35
106, 025 24
382, 476 60
290, 962 20
297, 659 100
147, 420 81.65
480, 298 40
100, 000 66
380, 008 40
133, 892 10
359, 298 10
212, 988 25
142,187 27
908, 267 25
3, 455, 280 33
105, 8?8 80
1, 327, 687 85
705,001 75
122, 834 50
138, 055 32
147, 682 25
643, 744 55
2, 568, 497 8 88. 3333
61, 280
1, 243, 645 42
2, 212, 398 60
58, 500 37.17
134,112 90
996, 519 56.5
431, 987 20
50, 000 87.38
584, 221 100

6.28 Sept. 18,1933
June 30,1933

Mar.

1,1933

Sept. 5,1933

1318
1319
1320
1321
1322
1323
1324
1325
1327
1328
1329
1330
1331
1332
1333
1334
1335
1337
1338
1339
1342
1343
1344
1345
1346
1347
1348
1349
1350
1351
1352
1353
1355
1356
1357
1358
1359
1360
1361
1362
1363
1364
1366
1367
1370
1372
1373
1374
1375
1379
1380
1381
1382
1383
1384
1385
1386
1387
1388
1389
1390
1391

248

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

1392
1394
1395
1396
1397
1399
1401
1402
1403
1*04
1405
1406
1407
1409
1410
1411
1413
1414
1416
1418
1419
1420
1421
1422
1424
1425
1426
1427
1428
1429
1430
1431
1432
1433
1434
1435
1436
1437
1438
1439
1440
1441
1442
1443
1444
1445
1447
1448
1449
1450
1451
1452
1453
1454
1455
1456
1457
1458
1459
1460
1461

First National Bank, Ayrshire, Iowa
Pirst National Bank, Lometa, Tex
Farmers National Bank, Glenwood City, Wis
Clymer National Bank, Clymer, Pa
First National Bank, Burt, Iowa
Fourth National Bank, Montgomery, Ala.i
First National Bank, Fairview, Mo
Farmers National Bank, Wilkinson, Ind
First National Bank, Altus, Okla
First National Bank, Washburn, N.Dak..__
City National Bank, Spur, Tex
Farmers National Bank, Howe, Tex
First National Bank, Martinsville, 111
Billings National Bank, Billings, Okla
First National Bank, Villisca, Iowa
First National Bank, Perry, Fla
Old First National Bank, Farmer City, Ill.i
First National Bank, Auburn, Wash
Peoples National Bank, Brookneal, Va
First National Bank, Elgin, Nebr
First National Bank, Berwyn, Okla
Quincy-Ricker National Bank & Trust Co., Quincy, IllPlanters National Bank, Walnut Ridge, Ark
Holston-Union National Bank, Knoxville, Tenn
National Bank of Kentucky, Louisville, Ky
First National Bank, West Salem, 111
First National Bank, Siloam Springs, Ark.i
City National Bank, Spokane, Wash.i
American National Bank, Asheville, N.C
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, Iowa i
First National Bank, Benton, 111
First National Bank, Deer Creek, Minn.i
First National Bank, Rector, Ark
First National Bank, Junction City, Ark
First National Bank, Newport, Tenn
First National Bank, Walhalla, N.Dak
First National Bank, Goreville, 111
First National Bank, Marion, 111
Sioux National Bank in Sioux City, Iowa
First National Bank, Fulton, Ky
First National Bank, Charlotte, N.C
First National Bank, Horse Cave, Ky
Farmers and 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
__.
Kansas National Bank, Kansas, 111
First National Bank, Mount Sterling, 111.1
_
_.
First National Bank, Sweet water, Tenn
Footnotes at end of table, pp. 318, 319.




Capital
stock at
date of
failure

Date receiver
appointed

Dollars
25,000 Aug. 12,1930
25,000 Aug. 18,1930
25,000 Aug. 22,1930
75,000
do
40,000 Sept. 5,1930
500,000 Sept. 6,1930
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 Oct. 17,1930
50,000 Oct. 18,1930
50,000 Oct. 25,1930
65,000
do
75,000 Oct. 28,1930
50,000 Oct. 31,1930
50,000 Nov. 3,1930
25,000 Nov. 6,1930
500,000 Nov. 10,1930
25,000 Nov. 11,1930
750,000 Nov. 12,1930
4,000, 000 Nov. 17,1930
25,000 Nov. 18,1930
50,000 Nov. 19,1930
200,000 Nov. 20,1930
200,000 Nov. 21,1930
25, 000
do
25,000 Nov. 24,1930
40,000
do
50,000 Nov. 28,1930
100,000
do
25,000 Nov. 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
50,000
do
do
300,000
25,000 Dec. 9,1930
150,000 Dec. 12,1930
25,000
do
40,000
do
25,000
do
25,000 Dec. 16,1930
50,000
do
60,000
do
do
420, U00
25,000 Dec. 17,1930
50, 000
do
do
100,000
60,000
do

REPORT OF THE COMPTROLLER OF THE CURRENCY

249

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Book value of assets at date of
failure

Progress of l i q u i d a t i o n

to date of this report

Total
Additional
assessment Total assets
assets
upon
and stock
received
shareassessment
Estimated Estimated Estimated since date
good
noiuers
doubtful worthless 01 I a 111116
/~\ f f O 1111 Y* A

Dollars
68,433
105, 262
91, 532
277,110
75, 226
1,914, 362
37, 871
110, 427
241, 689
36,872
118, 624
21, 479
164, 622
120, 456
193, 471
44, 694

Dollars

Dollars

97,469
38,162
97, 769
361, 067
266, 588

209
43,633
20, 429
117, 632
17, 334

49, 309
99, 238
371, 709
92, 474
182, 444
89, 111
141, 238
36, 492
306, 655
366, 355

5,414
7,095
42,819
9,963
66, 223
5,354
24,344
32, 071
70,180
94, 753

99, 412
873, 096
77, 290
28, 067
90,186
162, 966
551, 835
159, 078
174, 307

441,404
184, 434
81, 797
37, 768
3, 525, 610
44,300
8, 583, 837
11, 640, 702
108,188
39, 277
95,948
1, 422, 370
57, 223
151,108
102, 531
101, 292
721, 647
71, 604
153,146

87,166
55, 364
29,441
1,153
509, 361
13, 077
639, 350
6,074, 830
15, 893
64, 394
148,934
87, 448
13, 421
10, 957
4,143
39, 713
295,162
75, 555
5,524

315, 405
428
170, 979
196, 362
412, 442
34, 990
79, 589
1,130, 763
2, 071, 566
82, 010
947, 832
196,139
87, 802
57, 072
346, 455
80, 878
45, 865
18, 801
179, 307
2, 051, 566
113, 481
175, 801
16, 210
104, 786

1, 216, 006
6,290
96, 680
137, 348
88, 415
63, 098
41,003
771, 438
2, 024, 755
106, 820
1, 704, 505
241, 697
608, 771
29, 018
239, 587
103, 386
156, 698
91, 596
461, 305
1,318,016
129, 706
139, 656
241, 217
89, 660

177,159
940
5,460
10, 421
17, 283
31,179
7,228
50, 442
466, 264
31, 365
264,475
15,177
30
1,460
37,802
14,130
36, 667
35, 931
414, 607
283, 564
79, 656
25, 373
432, 251
31,118

367, 841
225, 799
81, 865
34,198
721,120
69, 282
5, 325, 303
22, 585, 879
188,473




Dollars
42,886
17, 422
42,570
46, 030
14, 444
2,137
35,913
16,875
76,842
73,307
47,857
7,571
42,333
9,508
91, 012
90,801
383
116, 227
23, 659
70, 384
2,105
235, 251
25,453
702, 518
510, 311
19, 204
1,141
31, 807
104, 689
5,350
15,904
3,379
50, 389
49,156
25,966
22,977
810
213, 878
500
9,154
12, 356
64, 864
3,306
6,872
94, 020
139,817
24, 507
25,040
31, 700
32, 466
44, 222
35, 302
7,182
27,895
18, 235
91, 730
168, 787
41, 542
74, 443
13, 301
15,901

Cash collections
from
assets

Cash collections
from
stock
assessment

Dollars

Dollars

Dollars

Dollars

25,000
25,000
25,000
75,000
40,000
500,000
25,000
25,000
60,000
25, 000
40,000
30,000
25,000
25,000
50,000
50,000
65,000
75,000
50,000
50,000
25,000
500,000
25,000
750,000
4,000, 000
25,000
50,000
200,000
200, 000
25,000
25,000
40,000
50,000
100, 000
25,000
40,000
100,000
100,000
25,000
25,000
25,000
50,000
25, 000
25,000
100, 000
400, 000
50,000
300,000
25,000
150, 000
25,000
40,000
25,000
25, 000
50,000
60,000
420, 000
25,000
50,000
100, 000
60,000

233,997
94, 701
229,479
90, 562
277, 300
123, 361
876, 839
352,140
413, 592
134, 564
2,416,499 1,916,499
153, 507
51,076
258, 635
106, 479
793,059
426, 848
237, 616
60, 059
455,148
96,195
153, 515
31, 281
397, 537
133, 499
223, 527
104,097
711, 318
320,852
646, 603
145,051
65, 383
. 368
1,087, 638
521, 422
539, 256
186, 702
313, 487
147,959
100, 224
34, 985
5,491, 342 2, 319,131
177,112
66, 541
16,001, 008 5, 741, 059
44,811, 722 21, 894, 062
356, 758
125, 663
154, 812
3, 924
576,101
47, 327
2, 687, 603 1, 252, 266
178, 284
83,045
231, 036
50,154
240, 239
55, 036
404, 360
139, 093
1, 717, 800
363, 817
357, 203
165,974
395,954
122, 832
100, 810
810
2, 022, 448
799, 303
33,158
3,912
307, 273
72,914
381, 487
269, 868
633, 004
377, 928
157, 573
21,984
159,692
68, 274
2,146, 663
667, 769
5,102, 402 1,915,927
294, 702
111, 072
3, 241, 852
90" 5, 928
509, 713
327,144
879, 069
217,128
156, 772
49, 569
699,146
313, 577
230, 576
111, 505
292,125
101, 982
214, 563
66, 238
1, 206, 949
262, 696
4, 241, 933 1, 478, 058
389, 385
115,182
465, 273
170, 914
802, 979
150, 098
301,465
106,163

3,231
6,489
16, 717
39, 793
35, 219
249,877
6,685
13,875
54,448
11,007
26, 250
15,141
10,125
11,159
39, 364
26, 697
55 918
111 354
17,473
3,246
3,750
305, 716
5,058
379, 678
192,941
20, 705
17 650
104' 264
17, 370
23, 025
8,004
9,927
48, 249
17, 332
13,802
18, 557
74,075
25,955
19,141
2,360
2,050
20, 500
7,185
59, 524
18,098
17, 062
218, 924
14, 943
116,263
652
18, 655
19,941
21, 260
8,429
28, 800
276, 012
4, 743
41, 733
49, 541
45, 610

1392
1394
1395
1396
1397
1399
1401
1402
1403
1404
1405
1406
1407
1409
1410
1411
1413
1414
1416
1418
1419
1420
1421
1422
1424
1425
1426
1427
1428
1429
1430
1431
1432
1433
1434
1435
1436
1437
1438
1439
1440
1441
1442
1443
1444
1445
1447
1448
1449
1450
1451
1452
1453
1454
1455
1456
1457
1458
1459
1460
1461

250

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued
Total
collections
from all
sources,
Unpaid Offsets including
balance allowed offsets
R.F.C. and set- lowedalloan
tled
and unpaid balance
R.F.C.
loan
Dollars Dollars

Dollars

1392
113,212
15, 280
1394
108,611
11, 560
159,079
19, 001
1395
461, 766
44, 633
1396
25, 200
188,156
18, 373
1397
2,166, 376
1399
60,944
1401
3,183
141, 785
1402
17, 431
4,000
526,001
43,
605
1403
1,100
87, 854
1404
9,888
6,900
127, 251
1405
4,806
56,989
1406
10, 567
160,638
1407
14, 514
2,500
128,073
1409
10, 817
2,000
388, 252
1410
28,036
212, 279
1411
26, 531
14,000
56,286
1413
587,917
1414
55, 141
228,
542
1416
22,867
1,500
157, 344
1418
6,139
42,341
1419
3,606
1420
170,000 224, 332 3,019,179
83,842
1421
9,543
2,700
1422
178,000 960, 564 7, 259, 301
1424 2, 088,120 4, 265, 910 28, 441,033
177, 344
1425
30,976
22, 574
1426
1,000
151, 591
1427
1428
185,303 1,454, 939
111, 197
1429
5,127
67, 059
1430
6,901
2,000
70,945
1431
3,082
2,900
197, 938
1432
8,696
1,900
577,
029
195, 880
1433
195, 435
15, 659
1434
175,001
16,412
1435
17, 200
74, 885
1436
901, 961
1437
76, 703
23,053
1438
87, 889
1439
8,515
4,100
278, 322
1440
6,404
431, 285
1441
32, 857
26, 559
1442
4,575
80, 730
1443
5,271
839, 578
1444
112, 285 2, 503,431
1445
569, 406
140,360
1447
12, 226 1, 337, 906
213,054
1448
367, 053
1449
24, 966
355,537
11,846
1450
10, 300
54, 692
2,471
1451
2,000
386, 295
33, 363
1452
20, 700
144, 579
13,133
1453
133, 949
8,507
1454
74, 719
2,200
52
1455
381, 544
90, 048 2,074,135
1456
184, 565
1457
124, 253
135, 500
4,328
1458
227, 266
14, 619
199, 639
1459
162, 731
1460
1461
10, 958

Conservators'
distributions
Loss on
Book
assets
value of
Book
comvalue of remainpounded remaining
ing un- To se- To unor sold uncollected collected
under
stock
as- cured secured
assets
crediorder of
sessment creditors
tors
court

Dollars
20,583
102, 357
17,300
53,185
17, 658
2,492
9,886
11, 382
7,983
24, 722
3,546
21, 506
65, 569
35, 855
64,818
2,793
8,041
321, 515
3,429
377, 288
785,162
7,063
99, 888
35, 092
191,007
3,436
10, 515
10,130
43, 968
149, 827
24, 508
34,074
174,084
4,246
5,023
3,508
4,791
8,339
19,010
179, 270
525, 229
121, 404
112, 941
37,417
23, 544
11,458
25, 292
34,056
20, 579
61, 460
11,519
81, 440
52, 991
20, 296
527, 212
1,288

Footnotes at end of table, pp. 318, 319.




Disposition of proceeds of liquidation

Dollars
78,433
92, 638
351,881
202, 997
71, 756
99, 839
251, 224
134, 686
289,425
78,121
203,018
83, 613
246, 861
389,166
15
371,257
276, 894
101, 348
36, 633
2,126, 364
72, 599
8,172,097
13,866, 588
168,056
293, 682
859, 027
61, 676
138,466
131, 991
162, 603
908, 276
126, 062
182,636
872, 358
195, 821
76, 707
167,428
97, 675
42,137
1,087, 339
1, 691,840
1, 709, 929
95,186
476,551
68, 274
286,914
46, 882
136, 057
36,813
782, 686
2,077, 870
191,884
209, 444
25, 669
123, 056

Dollars
21, 769
18,511
8,283
35,207
4,781
250,123
18, 315
11,125
6,552
13, 993
13, 750
14, 859
14,875
13,841
10, 636
23, 303
9,082
63, 646
32, 527
46, 754
21, 250
194, 284
19,942
370, 322
3,807,059
4,295
32,350
95, 736
182, 630
1,975
16,996
30,073
1,751
82, 668
11,198
21,443
25,925
74,045
5,859
22, 640
22,950
29,500
25,000
17,815
40, 476
381, 902
32, 938
81,076
10,057
33,737
24,348
21,345
5,059
3,740
41, 571
31, 200
143,988
20, 257
8,267
50,459
14,390

Dividends paid
by receivers

On se- On unsecured
cured
claims
claims

Dollars Dollars Dollars
8,149
7,675
3,850
240,884
43, 588
7,259
10, 679
11,313
21, 706
52,209

Dollars
45,895
33, 254
72,432
324, 583
149, 296
318
17, 772
81,453
106, 890
16,407
16,969
21,057
101, 679
81, 306
321,173
50,484

300, 617
93, 758
58, 229
1,890
3,288
1,828, 808
29, 510
9
» 355, 085 3,951, 384
9
14,473,464
70,135
16,199
138,468
699, 663
71, 085
2,157
20, 753
11, 494
5,097
165, 512
45, 060
11, 571
136, 079
102,487
65, 582
115,886
21 744
4,646
15, 574
244, 879
313, 361
6,707

9,833
19,638
615
23,175
5,809
10,176
7,333
3,842
44,458

36, 028
289,229
1,014, 913
88, 975
428, 381
290, 828
206, 002
19, 624
150, 724
70,837
46,847
7,146
111, 454
1,026, 780
13, 525
138,943
3,599
102,908

EEPORT OP THE COMPTROLLER OP THE CURRENCY

251

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Disposition of proceeds of liquidation—Continued

Secured
and preReceivCash in
ferred liabilities paid Cash ad- Conser- ers' sal- hands of
vanced in
aries,
compexcept
vators' legal and
protectroller
through
tion of expenses
other
and redividends,
assets
expenses ceivers
including
offsets
allowed

Dollars Dollars
Dollars
2,627
49, 695
46, 843
48,903
1,090
95, 248
7,672
18, 686
3,170
1, 914, 362
31, 027
338
40, 867
4,973
344,473
2,787
47, 241
6,300
76,730
698
27, 908
36,056
3,132
22,939
28,423
7,508
107, 537
7,490
143
237, 303
12,410
98,631
6,186
80,458
216
32,118
76
1, 057,009
54, 566
37,184
644
2, 683, 509
14, 868
11,806,966
289,178
82, 625
4,623
667,797
27,474
26,404
35,063
16,449
431,864
41,670
50,910

53
134
21
5,055
1,800
1,026
13
4,021

693,491

1,223

48,127
6,611
77,188
13,424
26, 479
346,007
1, 294, 736
33,060
751, 723
51,009
107, 985
23, 004
171, 563
53,704
67,185
43, 956
189, 469
934, 217
93,141
63, 944
134, 365
38, 893

800
487
84
55
35
30,739
18, 704
34
14,117
169
735
12,483
677
220
1,224
24, 440
34, 599
2
78
3,979




Dollars
Dollars
9,204
5,791
20, 365
16, 832
12,147
24,661
5,752
34,915
2,089
4,478
6,334
7,812
3,995
11,498
2,994
24,642
3,621
8,483
2,164
14, 637
7,538
6,200
1,824
16,444
3,327
10, 512
2,003
22, 439
8,709
23,193
1,869
1,346
2,588
33,442
4,145
20, 540
2,720
15,832
2,609
4,644
325
72, 379
6,417
15,443
1,061
211,953
42, 502
1,102, 958
768,467
14, 336
10, 248
1,752
10,742
2,381
46,133
41, 293
7,630
4,874
14, 340
3,384
11,185
3,051
10, 638
3, 539
33, 268
54, 240
11, 794
5,879
14, 594
2,989
1,858
7,445
49,464
41, 897
1,309
2,095
16,647
14, 600
11, 745
15,496
25,156
7,260
5,820
9,377
8,811
115,870
47,900
52, 714
122, 364
7,013
11, 278
67,103
56,944
5,023
20,193
5,954
35, 427
1,588
9,126
3,621
24, 729
8,308
11,053
2,085
11,803
2,338
9,879
20,112
28, 736
7,721
70,818
831
12, 912
10, 083
14, 218
6,762
10, 455
3,927
13, 024

Amount
of claims
proved

Dividends
(percent)

Dollars
109,696 42
90,838 36.6
176, 694 41
597,148 55
290, 708 51.5
8. 0035
2, 888, 646
44, 447 40
127, 598 62
194, 465 55
84,816 21
277, 663 10
60,171 35
282, 461 36
138, 239 67
465,085 69
337, 295 19
65, 262 80
567, 399 53
312, 836 30
77, 640 75
16,900 30
3, 047, 396 60
62, 781 47.5
9, 633, 473 M 0
21, 585, 558 8 67
199, 630 35
30, 855 52.5
250, 536 55.2687
1, 705, 802 41
88,811 80
150, 327 15
138, 559 12
236,452 70
6
932,050
224, 537 60
241,169 42.5
437, 215 15
772, 734 15
24,000 90.6
9
224, 696
288, 097 85
406,976 77
76,151
72,930
1, 387,466 50
2, 745, 410 22
126, 637 37
1,445, 568 70
363, 541 31
329, 635 80
43, 360 62.5
367, 623 60
115, 901 41
150, 445 61. 6666
115, 476 35
759, 993 15
2, 217, 968 15
248,108 46
7
198, 201
533, 973 70
9
124, 945
82

Interest
dividends
(percent)

Date finally
closed or
restored to
solvency

Oct.

27,1933

Sept. 15,1933

N o v . 15,1932

1392
1394
1395
1396
1397
1399
1401
1402
1403
1404
1405
1406
1407
1409
1410
1411
1413
1414
1416
1418
1419
1420
1421
14?,2
1424
1425
1426
1427
1428
1429
1430
1431
1432
1433
1434
1435
1436
1437
1438
1439
1440
1441
1442
1443
1444
1445
1447
1448
1449
1450
1451
1452
1453
1454
1455
1456
1457
1458
1459
1460
1461

252

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

First National Bank, Caruthersville, Mo
First National Bank, Capac, Mich
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 National Bank, Hobson, Mont.1
First National Bank, Ladonia, Tex
First National Bank, Sesser, HI
First National B ank, Greenwood, Miss
First National B ank, C onnersville, Ind
First National Bank, Titonka, Iowa
_
National Bank of Goldsboro, Goldsboro, N.C_
_._
Interstate National Bank, Helena, Ark
First National Bank, Rails, Tex
First National Bank, Kerkhoven, Minn
Merchants & Planters National Bank, Dillwyn, Va.__
First National Bank, Ludlow, Mo
Lawrence Avenue National Bank, Chicago, 111
First National Bank, Floyd, Iowa 1
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, Miss1
First National Bank, Litchfield, Minn.
First National Bank, Brookfield, Mo
Howard National Bank, Kokomo, Ind.1
Planters National Bank, Clarksdale, Miss
Anoka National Bank, Anoka, Minn
First National Bank, Clinton, S.C 1
First National Bank, Addison, Pa.
First National Bank, Crestline, Ohio *
First National Bank, Cherokee, Iowa
First National Bank, Waverly, 111
Farmers & Merchants National Bank, Sheridan, Ind.
Peoples National Bank, Osceola Mills, Pa
Clinton National Bank, Clinton, Mo...
First National Bank, Connellsville, Pa.1.
First National Bank, Redmond, Oreg
First National Bank, Panama City, Fla
Farmers & Merchants National Bank, Rockmart, Ga_.
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
Footnotes at end of table, pp. 318, 319.

1462
1463
1465
1466
1467
1468
1469
1470
1471
1472
1473
1475
1476
1477
1479
1480
1481
1484
1486
1487
1488
1489
1490
1491
1492
1493
1494
1495
1496
1497
1500
1501
1502
1505
1506
1507
1508
1509
1512
1513
1514
1515
1516
1517
1518
1519
1520
1521
1522
1523
1524
1525
1526
1527
1528
1529
1530
1531
1532
1533
1534




Capital
stock at
date of
failure

Date receiver
appointed

Dollars
50,000
25,000
100,000
40,000
25,000
60,000
25,000
500,000
60,000
25,000
30,000
100,000
25,000
250,000
200,000
25,000
100,000
250,000
25,000
25,000
50,000
25, 000
200, 000
25,000
50,000
50, 000
100, 000
50, 000
100, 000
75,00C
100, 00C
200,00C
500,00C
50,00C
100, 00C
25, 00C
75, 00£
100,00C
100, 00C
50, 00C
100,00C
50, 00C
200, 00C
25, 00C
250, 00C
40, 00C
50,00C
100,00C
200, 00C
50,00C
25, 00C

100, 00C
25, 00C
100, 00C
150,00C
100, 00C
25, 00C
50, 00C
30, 00C
25,000
35,00

Dec. 18,1930
Dec. 19,1930
Dec. 20,1930
do.
Dec. 23,1930
.—do
—do
do

—_do
Dec. 26,1930
do
-—do
Dec. 27,1930
Dec. 30,1930
do.

—do
Jan.
Jan.
—do
Jan.

3,1931
6,1931
9,1931

do
do
Jan. 12,1931
do
.—do
Jan. 13,1931
do
Jan. 14,1931
Jan. 22,1931
do
Jan. 26,1931
Jan. 27,1931
do
Jan. 28,1931
do.
Jan. 31,1931
Feb. 7,1931
Feb. 9,1931
Feb. 10,1931
do
Feb. 12,1931
do
do.
Feb. 13,1931
do.
Feb. 16,1931
do
Feb. 18,1931
Feb. 26,1931
.do.
Mar. 3,193
Mar. 7,1931
Mar. 9,1931
do
Mar. 13,1931
Mar. 17,1931
do
Mar. 18,1931
Mar. 19,1931

253

EEPORT OF THE COMPTROLLER OF THE CURRENCY

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Book value of assets at date of
failure

Progress of liquidation

to date of this report

Total
Additional
assets
assessment Total assets
and stock
received
upon
assessment
date
shareEstimated Estimated Estimated since
of
failure
holders
doubtful worthless
good

Dollars

Dollars

Dollars

414, 284
165, 266
102, 734
53,061
53, 363
31, 707
146, 541
3, 274,828
150, 583
48, 599
15, 982
39, 634
98, 526
1,122, 053
984, 252
65, 337
161,194
1, 231, 483
28, 969
23,333
90,445
95, 438
200, 336
112,147
3,967
145, 081
193, 746
251,159
920,193

Dollars
131,194
189,386
209,006
188, 623
80,011
117, 569
374, 682
3,390,130
206,466
76, 245
67,910
63,190
167, 866
1, 268, 774
325,925
162, 563
233, 235
855, 325
72, 741
77, 692
131, 629
31, 064
609,989
73,172
32,457
254, 767
514, 871
395,303
276, 539

125, 201
87, 261
293, 216
176, 591
119, 079

94,436
344, 212
1, 729,116
481, 687
184, 433

11, 339
521,157
610,062
24, 219
47, 810

30,510
76,072
22,848
5,989
19,128
54,281
51, 710
367, 739
18, 679
4,256
6,640
2,289
47, 398
71, 764
46,499
9,525
86,126
120,883
6,094
10, 749
29,071
18, 766
27, 764
11, 271
683
146, 665
54, 758
29, 461
57,034
3,656
5,812
101, 784
81, 903
117,173
71, 835

46,115
342, 682
263, 355
153, 399
308, 601
258, 937
37,167
161, 912
599, 097
114, 508
129,178
378, 281
837,292
187, 277
243, 077
833,122
67, 615
438, 68
790, 704
259, 819
146,336
145, 376
79, 401
112, 516
88,498

600
117, 995
49, 651
96, 705
105, 447
202, 749
378, 607
57, 293
403,136
27, 905
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

535
282, 301
26, 308
117,109
36, 617
59, 790
3,914
16,168
181, 535
58,143
54, 008
41, 495
107, 623
15,994
30, 068
84, 718
8,032
43, 799
173, 077
42, 579
86, 990
16,163
2,938
52,206
34, 731

403, 992
118, 662
243, 623
64,129
163,484
71, 468
187, 750
118, 202
45, 760
275, 693
1, 388,122
159,319
153, 017
261,138
12, 393
455, 468
504, 624
363, 66
33, 383
318, 87
19,049
239,13
125, 668




29,825
112,187
99,128
7,161
33, 694
15, 472
64,443
671, 239
49, 887
15, 031
43, 014
288,069
45,590
234,037
125,350
13,804
83, 267
177,937
23, 505
12,164
14, 478
22, 719
126, 068
18, 787
136,385
50, 387
117, 765
101,189
43, 849

Dollars
50,000
25,000
100,000
40,000
25,000
60,000
25,000
500,000
60,000
25,000
30,000
100,000
25,000
250,000
200,000
25,000
100,000
250,000
25,000
25,000
50,000
25,000
200,000
25,000
50,000
50, 000
100,000
50,000
100, 000
75, 000
200,000
500, 000
50, 000
100,000

75,666

100,000
100,000
50,000
100,000
50,000
200,000
25,000
250,000
40,000
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

Dollars

colCash col- oasn
lections lections
from
from
stock
assets
assessment

Dollars

Dollars

655,813
567,911
533, 716
294,834
211,196
279, 029
662,376
8, 203, 936
485, 615
169,131
163, 546
493,182
384, 380
2, 946, 628
1,682, 026
276, 229
663,822
2, 635, 628
156, 309
148, 938
315, 623
192,987
1,164,157
240, 377
223,492
646, 900
981,140
827,112
1,397, 615
78, 656
236, 788
1, 254,414
3, 214, 297
849, 670
523,157

203, 561
106,976
193, 799
135,398
83,816
76,175
317,045
3,035, 032
167, 222
46, 910
21, 710
36, 744
116,537
1, 074, 682
569,328
82, 590
222,019
1,179, 264
66,095
57,491
91, 522
87, 039
314, 265
98, 642
683
110, 337
290,465
317, 303
493, 518
3, 656
103,942
245, 265
1, 389, 609
382,401
192, 866

30,413
7,914
13, 574
9,500
6,365
28,590
12,342
214,905
45, 299
1,147
16,700
2,000
11,078
65,336
172,347
16,657
26,807
148, 260
6,618
19,311
36, 677
17,353
42, 331
10,178
5,820
22,185
14, 708
29,865
51, 024
40, 519

122, 250
1, 246, 970
557, 976
660, 836
614, 794
734, 960
619, 688
331, 841
1, 621, 518
358, 758
327, 590
850, 859
2, 945, 666
434,126
511, 897
1, 288,138
151, 907
1,164, 401
1, 758, 345
940,011
313, 922
563, 361
135,140
455, 672
289, 742

5,591
681, 299
234,135
173, 610
176, 279
279,032
7,471
116,131
373, 325
114,198
64,175
268, 297
1, 280, 820
116, 933
195,163
465, 405
38, 209
237, 638
535, 514
373, 022
72, 927
267,142
27, 767
151, 379
101, 950

46,972
73, 400
56, 720
37, 781
49, 517
26, 941
51, 631
17, 687
59, 215
30, 446
12, 579
53, 556
81,473
17, 233
19, 284
80, 798
10, 416
38, 038
93, 526
90,530
4,826
37, 334
16,179
16,971
25, 844

72,375
101,868
18, 822
57, 309

1462
1463
1465
1466
1467
1468
1469
1470
1471
1472
1473
1475
1476
1477
1479
1480
1481
1484
1486
1487
1488
1489
1490
1491
1492
1493
1494
1495
1496
1497
1500
1501
1502
1505
1506
1507
1508
1509
1512
1513
1514
1515
1516
1517
1518
1519
1520
1521
1522
1523
1524
1525
1526
1527
1528
1529
1530
1531
1532
1533
1534

254

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81,
total assets at date of failure and, additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued

Total
collections
Loss on
from all
Book
assets
sources,
Book
value of
comUnpaid Offsets including
value
of
remainbalance allowed offsets al- pounded
remaining ing unor sold
R.F.C. and setlowed
uncollected collected
under
loan
tled
and un- order of
stock asassets
paid balsessment
court
ance
R.F.C.
loan

1462
1463
1465
1466
1467
1468
1469
1470
1471
1472
1473
1475
1476
1477
1479
1480
1481
1484
1486
1487
1488
1489
1490
1491
1492
1493
1494
1495
1496
1497
1500
1501
1502
1505
1506
1507
1508
1509
1512
1513
1514
1515
1516
1517
1518
1519
1520
1521
1522
1523
1524
1525
1526
1527
1528
1529
1530
1531
1532
1533
1534

Dollars
Dollars
Dollars
314,632
4,600
76,058
238,397
123, 507
236, 567
29,194
165,931
8,200
12, 833
108,994
18,813
111,614
6,849
364, 500
35,113
674, 421 3,924, 358
233, 273
20, 452
300
55,081
4,124
2,900
38, 410
63, 386
9,000
15, 642
143,425
15, 810
1,416,
662
245,
444
31, 200
930, 696
62,021
127,000
110, 697
11,450
264,032
15, 206
163,813 1, 491, 337
78,841
6,128
80,645
3,843
139,
674
11,475
113,953
9,561
411,
648
55,052
131,339
15, 519
7,000
46,873
40,370
189,035
26,313
30, 200
385,517
80,344
405, 334
36,466
21, 700
652,402
107,860
44,175
125, 904
4,000
17,962
317, 640
58, 551 1, 550,028
418, 313
17, 090
258,950
8,775

Dollars
8,656
47,410
41,463

52, 563
33, 240
787, 939
15, 080
305, 935
35,170
249, 361
20, 553 ' 250,749
34, 277
340, 250
59,102
152, 509
18, 691
465,080
32, 540
165, 261
20, 617
88,193
11, 439
371, 588
49, 735
161,484 1, 526, 277
150, 839
9,673
232, 898
18, 451
597, 681
49, 578
53, 303
4,678
315, 766
40, 090
755, 883
123, 043
496, 520
32, 968
92, 692
11, 739
323, 397
18,921
48,282
936
207,139
13, 589
140, 670
12, 876

41, 659
432, 431
29, 427
33, 730
35,198
33, 489
1,620
13,043
118, 532
8,048
23, 446
9,446
163, 717
7,867
32, 776
96, 695
14, 493
15, 302
29,432
41, 647
11, 615
1,904
3,217
10, 394

2,800
4,400

2,500
7,000
1,900
3,800
3,200
3,400
25, 200

76,292
17,275
15,943
45,683
55,660
4,642
32, 687
37,194
1,411
5,335
111,019
53,160
2,297
11,586
3,207
114
70, 775
3,234
132,439
934
4,857
15,716
36,023
1,271
45,975
88,378
41, 813
27, 609

Footnotes at end of tables, pp. 318, 319.




Disposition of proceeds of liquidation
Conservators'
distributions

To secured
creditors

To unsecured
creditors

Dollars Dollars
Dollars
19,587
317,538
17,086
265,018
86,426
169,260
30, 500
106, 603
18, 635
7,275
31,410
118, 730
12, 658
269, 275
285,095
3,948,800
14,701
182, 281
23,853
93,097
13,300
111,836
98,000
336,154
13, 922
194,346
184, 664
1,339, 308
27,653
849, 266
8,343
151,854
73,193
215,578
101,740
989,391
18, 382
56, 789
5,689
51,018
13, 323
159, 419
7,647
71, 273
157,669
524,065
14,822
97,982
44,180
459,316
27,815
505, 474
85, 292
407, 627
20,135
660, 214
48,976
34, 481
113,613
127, 625
763,174
398,132
1,177, 759
31, 178
358, 366
42, 691
193, 907

Dollars

179, 334
368, 326
282, 764
338, 162
410, 597
158, 976
847, 121
175, 895
178, 530
423, 381
1,139, 645
249, 653
240, 507
576, 460
69, 527
771, 371
920, 356
392, 374
192, 641
225, 394
73, 220
255, 310
139, 916

28,028
26, 600
43, 280
12, 219
50, 483
23,059
148, 369
7,313
190, 785
9,554
37, 421
46, 444
118, 527
32, 767
5,716
19, 202
14, 584
61, 962
56, 474
9,470
20,174
12, 666
13,821
8,029
9,156

Dividends paid
by receivers

On secured
claims

On unsecured
claims

Dollars
Dollars
144,574
17, 485
23,330
131,850
108,696
58,723
62,751
249, 503
1,130,
869
13,494
133, 735
39,044
15,600
11,051
54,310
8,761
326, 769
111,685
681,840
69, 263
58, 237
13,113
648,905
7,582
19, 785
2,832
53,187
60, 582
10,310
60, 748
150,456
2,484
85,997
2,557
83,558
99, 567
41,539
210,365
6,480
172, 331
6,308
37, 297
~"~68,~2l9
55
64, 529
144, 798
148, 638
249,152
136,192
15,177
47,850

io~659,~825
189, 307
109,796
150,451
139, 850

47,005
8,429 ~~"34,~766
144, 854
50, 032
93, 309
• 2,555
42, 831
8,918
114, 747
27, 284
850, 034
27, 905
47, 729
2,481
141, 384
291, 537
5,828
15, 965
2,480
160, 347
268, 938
14,132
325, 299
8,871
4,623
215, 714
21, 746
4,451
126, 544
74,136

REPORT OF THE COMPTROLLER OF THE CURRENCY

255

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Disposition of proceeds of liquidation—Continued

Secured
and preReceiv- Cash in
ferred lia- Cash adbilities paid vanced in Conser- ers' sal- hands of
comparies,
except
protec- vators' legal
and troller
through
expenses
tion
of
and
reother
dividends, assets
expenses receivers
including
offsets
allowed

Dollars Dollars
Dollars
3,047
114,228
164,802
16,229
87,074
317
40,919
739
36,401
140
25,548
1,738
92, 430
2,941
2, 453, 221
93, 028
69, 528
10, 526
4,408
21, 441
476
33, 712
934
53, 977
3,600
842, 299
53, 955
171, 503
26, 739
21, 674
25
162,131
5,840
661, 906
36, 984
38, 451
1,250
18,180
44, 897
778
39, 007
1,355
207, 329
1,242
27, 745
642
40, 370
76, 454
5,295
174,140
2,414
141, 399
15, 350
342,492
3,915
3,512
38,792
613
222, 294
1,680
1,156,165
3,734
124, 688
8,974
75,457
1,594
107, 256
85, 709
105, 530
74,178
174,018
2,277
79, 792
200,807
38, 982
25, 322
192, 003
492,192
72,891
59, 361
246,446
25, 395
63, 540
423, 890
131, 278
65, 277
68,850
14,124
61,323
37,319

6,211
1,687
1,257
463
4,776
2,820
5,489
1,021
3,896
53, 557
777
1,666
26,562
267
7,970
6,654
328
3,696
39
930
7,303




Dollars
Dollars
23,123
12,175
24, 584
9,452
14,994
2,332
13,954
1,623
10,300
3,430
16,163
5,414
15,189
4,437
101,133
132,613
14, 753
4,731
7,294
4,335
892
13,600
4,089
14, 652
8,125
54,145
27, 809
36, 474
14,140
11, 437
8,298
17,136
7,575
47, 515
88, 445
10, 375
6,148
7,780
1,498
13, 948
9,159
8,308
4,535
32, 009
18,128
12, 373
4,582
3,569
377
20, 621
3,107
20, 648
47, 209
28,879
2,861
48, 286
79,070
3,366
14,706
3,574
15, 440
13, 642
56, 463
40, 230
20, 216
15, 283
13,991
16, 539
2,031
20, 858
16,906
21,802
22, 337
20,808
6,537
17,095
37,805
18,021
8,239
22, 572
89,054
16,168
18, 397
25, 061
7,384
27,003
34,973
27,660
8,995
17,814
4,996
15,434
10,745

2,682
14,013
6,022
2,096
4,317
2,820
7, 651
28,762
6,905
1,862
11,086
13, 535
10,793
12,090
2,247
1,812
56,906
7,296
11,955
1,230
21,008
2,926
2,908
11,167

Amount
of claims
proved

Dollars
354,088
291, 623
216,148
164, 641
90, 343
78, 458
448, 957
3,520, 472
267, 529
104,162
60, 000
221, 021
218, 706
1,048, 796
1,048, 927
198,101
203, 827
1,294, 236
47, 748
70,954
146, 262
73, 635
557,030
153, 573
85, 227
303, 844
555, 909
492, 943
663, 263
185,134
90, 987
717, 608
1, 772, 245
508,843
209, 526

Dividends
(percent)

48
8
51
66
65
80
54
32.5
50
37.5
39
5
25
30
65
35
32.5
50
41.5
75
46
82.5
27
56
3
27.5
25
43
26
20.146
75
9
25
49
70

90
640, 550 iciOO
242, 714 78
320, 714 34
316,739 47.5
349, 024 40
20
205,345 21
629, 062 30
176, 571 53
137, 675 37.5
327, 848 35
1, 687, 829 50
213, 059 22.5
312, 845 45
659, 616 44
52, 261 35
801, 319 20
790, 698 34
518,404 62.5
130,066 10
334,142 65
48,330 45
286,812 44
138,553 53.3333

Interest
dividends
(percent)

Date finally
closed or
restored to
solvency

1462
1463
1465
1466
1467
1468
1469
1470
1471
1472
1473
1475
1476
1477
1479
1480
1481
1484
1486
1487
1488
1489
1490
1491
1492
1493
1494
1495
1496
Aug. 1,1933 1497
1500
1501
1502
1505
1505
1507
1508
Sept. 1,1933 1509
1512
1513
1514
1515
1516
1517
1518
1519
1520
1521
1522
1523
1524
1525
1526
1527
1528
1529
1530
1531
1532
1533
1543

256

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

First National Bank, Champlain, N.Y
First National Bank, Rouses Point, N.Y
First and Farmers National Bank in Luverne, Minn
American National Bank, Honey Grove, Tex.1
First National Bank, Portage, Pa
First National Bank, Springfield, Minn.*
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, HI
First National Bank, Ivanhoe, Minn
Orangeburg National Bank, Orangeburg, S.C.1
First National Bank, Macedon, N.Y
Woodlynne National Bank, Woodlynne, N.J
First-Rempel National Bank, Logan, Ohio
Second National Bank, Altoona, Pa
Monongahela National Bank, Brownsville, Pa
First National Bank, Richwood, Ohio 1
Citizens National Bank, Monessen, Pa.
Noble County National Bank, Caldwell, Ohio *
First National Bank, Masontown, Pa
Central National Bank & Trust Co., St. Petersburg, Fla.
Merchants National Bank, Point Pleasant, W.Va.1
First National Bank, Waldron, Ark___ 1
First National Bank, Langdon, N.Dak.
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.1
National Bank of Kinston, Kinston, N.C
First National Bank, Kinston, N.C_
First National Bank & Trust Co., Paris, 111.1
First NationalBank, Pomeroy,Iowa
First National Bank, Terre Bella, Calif
Commercial National Bank, Essex, Iowa
Farmers National Bank, Hickory, Pa
Savona National Bank, Savona.N.Y
Montgomery County National Bank, Cherryvale, 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, 111
Farmers National B ank, Pomeroy, Wash
Citizens National Bank, Odessa, Tex
First National Bank, Holton, Kans
Iron National Bank, Ironwood, Mich
First National Bank, Smithfield, Pa
McCartney National Bank, Green Bay, Wis
National Bank of Lynwood, Lynwood, Calif
First National Bank, Prattville, Ala
First National Bank, Fowler, Ind
First National Bank, Irvona, Pa.
Citizens National Bank, Warren, Pa
First National Bank, Smithfield, Ohio i
Washington Park National Bank, Chicago, 111
Inland-Irving National Bank, Chicago, 111
Footnotes at end of table, pp. 318, 319.

1535
1536
1538
1539
1540
1541
1542
1543
1544
1545
1546
1547
1548
1549
1550
1551
1552
1553
1554
1555
1556
1557
1558
1559
1560
1561
1562
1563
1564
1565
1566
1567
1568
1569
1570
1571
1572
1573
1574
1575
1576
1577
1578
1579
1580
1581
1582
1583
1584
1585
1587
1588
1589
1590
1591
1592
1593
1594
1595
1596
1597




Capital
stock at
date of
failure

Date receiver
appointed

Dollars
100,000 Mar. 19,1931
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
100, 000
250,000 Apr. 1,1931
25,000 Apr. 6,1931
200,000 Apr. 9,1931
25,000 Apr.do.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
do
100,000
300,000 Apr. 21,1931
100,000 Apr. 22,1931
do
25,000
50,000 Apr. 23,1931
25,000 Apr. 27,1931
25,000 Apr. 28,1931
50,000 Apr. 29,1931
do
300,000
25,000 Apr. 30,1931
120, 000 May 1,1931
125,000
do
150, 000 May 4,1931
40, 000 May 5,1931
do.
25,000
50,000
do
90,000 May 6,1931
25,000
do50,000 May 7,1931
50,000 May 11,1931
25,000 May 13,1931
30, 000 May 14,1931
500,000 May 15,1931
25,000 May 18,1931
300,000 May 19,1931
50,000
do—.
50,000
do.
50, 000 May 23,1931
100, 000 May 26,1931
75,000 May 27,1931
500, 000 May 29,1931
50,000
do
50,000 June 1,1931
75,000 June 2,1931
25, 000
do
125,000 June 4,1931
100,000 June 5,1931
600,000 June 9,1931
525,000
do

REPORT OF THE COMPTROLLER OF THE CURRENCY

257

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Book value of assets at date of

Progress of liquidation
to date of this report

failure

Total
Additional
Total assets
assessment
assets
upon
received
and stock
col- Casn colsharedate
assessment Cash
lections lections
Estimated Estimated Estimated since
from
holders
of
failure
from
good
doubtful worthless
stock
assessassets
ment

Dollars

'

Dollars

Dollars

658,870
352, 700
489,135

818, 883
483,105
235,474

21,140
5,383
257,656

118,958
536, 591
98, 994
26, 581
216,451
149,099
1,495,116
79, 236
57,179
126, 540
112,865
446,127
1, 996, 352
1, 540, 211
156, 632

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, 311
194, 719

131, 505
22,239
176, 583
7,983
24,061
25,854
17,570
84, 248
12,097
95, 958
38, 548
27,990
103, 612
168, 476
392,174
101,097

490
356,002
900, 250

14, 883
1,734,037
1,648,468

64,475
130, 236
577,393

113,902
475
43, 536
57,488
262, 866
1,409,137
1,568
379, 571
99,154
289, 304
74, 627
37, 578
93, 989
350, 688
47, 670
44, 770
61,057
46,115
106,009
1,144,140
19, 860
908, 969
107,062
100,409
188, 561
368, 964
116,489
1,137,924
173,154
106,554
199, 290
84, 583
403, 964
516
2, 863, 461
1, 992, 425

106,987
18,081
45,177
80,312
326, 699
1,181,829

12,337
78,974
9,562
2,008
36,939
274,678

597,029
730, 842
279,181
89, 483
110, 811
137, 609
267, 894
75,917
171, 599
206, 265
172,182
110,400
2, 448, 443
59, 637
1, 595, 801
163, 243
418, 595
239,124
282,934
497,601
1,172, 676
58,977
305, 217
160, 236
248, 232
637, 076
43,822
4, 086, 761
3, 243, 080

35, 626
175,005
194, 940
58,981
13,555
25,873
60, 786
34,435
60, 287
45
791
60,197
327,780
25,949
86,003
28,770
26, 676
117,003
13,235
54,119
888,370
46,967
139, 681
67,011
7,484
102,819
97,956
1, 593, 884
468, 707




Dollars
111, 148
59,666
280,195
3,091
19, 711
14,390
90,554
6,247
10,057
8,082
27,300
111,451
51,185
14, 516
43,950
27,445
113,813
130,920
268, 966
10, 570
654
6,681
79,137
493,980
234
25, 659
445
49,100
17,067
25,286
206,608
58
59,092
13, 221
85, 303
26, 563
32,969
46,726
32,190
21, 420
63,321
94,451
5,619
70,807
75, 596
45,438
225, 263
40,344
12, 449
41,467
31,854
88,428
160,098
20,811
97, 508
47,481
18,900
61, 231
149,934
627, 204
328,159

Dollars
100,000
50,000
100,000
100,000
60,000
40,000
100,000
25,000
30,000
50,000
100,000
250,000
25,000
200,000
25,000
50,000
100,000
125,000
100,000
40,000
100,000
60,000
100,000
300,000
100.000
25,000
50,000
25,000
25,000
50,000
300,000
120, 000
125,000
150,000
40,000
25,000
50,000
90,000
25,000
50,000
50,000
25, 000
30,000
500,000
25,000
300,000
50,000
50,000
50,000
100,000
75,000
500,000
50,000
50,000

75,000
25,000
125,000
70,000
600,000
525,000

Dollars

Dollars

1, 710,041
950, 854
1,362,460
103,091
1,049, 504
116, 729
1,432, 024
246,814
274, 269
415, 589
613, 519
3,472,031
324,651
977,810
381,956
434,193
1,243,790
4,058, 738
5, 603, 662
503,018
100, 654
146,529
2,399,412
3,920,091
100, 234
283, 885
147,975
172,375
181,875
701, 790
3,372, 252
1,626
1,191, 318
1,143, 222
998, 728
289, 654
219,913
354,197
801, 558
204,442
389,977
411,818
249,707
377, 413
4,495,959
175, 884
3,116, 036
389, 419
608,129
636,155
* 796,987
831,637
3, 859,068
349,909
698,960
549, 018
384,199
1,330,090
362, 228
9,771,310

826, 702
494, 993
399, 782
3,064
232,136
3,547
732,676
78,908
92,980
160,899
186, 617
1, 262, 749
136, 333
60,185
206,165
119, 237
484, 693
1,681, 370
1, 410, 709
154, 085
641
5,233
664,811
1,338,147

234

140,953
926
55, 355
69, 419
309, 092
1,128,097
1,626
290, 024
234,244
276,462
74, 974
93, 639
147, 327
229,068
100, 068
105,180
110, 221
135, 679
72, 901
1,415,335
24, 702
1,329, 572
129,489
160,462
219, 729
411,923
203,873
1, 539, 728
171, 257
200, 774
147,081
118, 246
522,173
1,616

3,877,985

6,557,371 2,373,870

Dollars
76,800
42,825
44, 757
94,095
10, 410
19, 755
45,250
9,208
26, 564
14, 787
13,485
96, 490
2,000
77, 745
21,470
28,765
45,279
73,499
63,788
22,750
53,851
30,606
7,150
153,164
73, 650
5,530
10,864
13,174
16, 515
21, 346
166,613
34, 608
36, 883
91,994
4,000
3,807
18, 901
71,489
22, 500
8,259
9,794
14, 657
13,400
231,495
3,681
120,124
42,035
11, 486
10, 302
29,368
45, 278
347, 846
12, 217
20,824
50, 643
8,481
91, 513
22, 399
226, 572
94, 711

1535
1536
1538
1539
1540
1541
1542
1543
1544
1545
1546
1547
1548
1549
1550
1551
1552
1553
1554
1555
1556
1557
1558
1559
1560
1561
1562
1563
1564
1565
1566
1567
1568
1569
1570
1571
1572
1573
1574
1575
1576
1577
1578
1579
1580
1581
1582
1583
1584
1585
1587
1588
1589
1590
1591
1592
1593
1594
1595
1596
1597

258

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued

Total
collections
from all Loss on
assets
sources,
Unpaid Offsets including
combalance allowed offsets al- pounded
B.F.C. and setor
sold
lowed
loan
tled
under
and unorder
of
paid balcourt
ance
R.F.C.
loan
Dollars
1535
1536
1538
1539
1540
1541
1542
1543
1544
1545
1546
1547
1548
1549
1550
1551
1552
1553
1554
1555
1556
1557
1558
1559
1560
1561
1562
1563
1564
1565
1566
1567
1568
1569
1570
1571
1572
1573
1574
1575
1576
1577
1578
1579
1580
1581
1582
1583
1584
1585
1587
1588
1589
1590
1591
1592
1593
1594
1595
1596
1597

17,000
2,000
8,500
1,600
20,300
88, 300

8,000
67,000

31, 700
2,100

7,700
4,500

6,400
8,500
5,250
9,000
6,100

Dollars
Dollars
940,602
37,100
558, 889
21,071
477,612
33, 073
97,159
273, 045
13, 499
23,302
841,444
61, 518
113, 873
17,257
126,196
5,052
213, 304
17, 318
230,308
30,206
160,306 1, 607, 845
148,045
9,712
137,930
248,
742
21,107
186,924
30,922
604,951
74,979
214,787 2,036, 656
258,479 1,732,976
197,822
20,987
54,492
35, 839
739,441
35, 780
305,095 1,796,406
73,884
155,949
7,366
11, 790
87, 854
19, 325
91, 520
5,586
374,487
44,049
120, 546 1,415, 256
1,626
350, 254
25, 622
300, 442
29, 315
385, 470
17,014
95, 721
9,047
114,604
17,158
179, 233
8,505
337, 287
36, 730
132,477
9,909
119,706
6,267
140, 864
14, 449
156,187
5,851
108, 351
13, 550
204, 231 1, 851,061
35, 788
2,155
79,929 1, 529, 625
191,418
19, 894
213,865
32,917
266, 666
36, 635
479, 794
38, 503
274,495
19,244
135, 518 2,023,092
2Q3, 375
19,901
255, 649
34,051
215, 693
17,969
134, 953
8,226
665,096
51, 410
24,015
608, 357 4, 712,914
2,945,594
477,013

Dollars
417,843
253, 099
32,106
27
33, 632
73,182
65, 205
9,822
29,900
6,854
26, 235
296, 064
15, 469
58, 755
18, 840
56,177
80,934
239,839
24,954
196, 763
164, 329
201
14, 595
2,222
13,903
9,945
97,880
290, 394
256,067
674
18, 554
34,947
9,702
43,183
28, 532
41,828
41, 739
30, 614
7,363
213, 436
2,802
193, 853
119
5,202
5.8,126
55, 375
146, 637
210, 402
23, 717
26, 394
25, 935
66, 696
15, 273
544,126
227, 006

Footnotes at end of table, pp. 318, 319.




Disposition of proceeds of liquidation
Conservators'
distributions

Book
value of
remaining
uncollected
assets

Book
value of
remaining uncollected
stock assessment

To secured
creditors

To unsecured
creditors

Dollars Dollars
Dollars
Dollars
23,200
328, 396
7,175
131, 691
55, 2*3
797,499
5 905
49, 590
710, 237
20, 245
54, 7oO
472, 625
15, 792
115, 827
3,436
116, 337
35, 213
180, 518
86, 515
270, 461
153, 510
1, 502,912
23,000
138,137
122,255
717, 625
3,530
70,929
21,235
215,194
54, 721
527, 941
51, 501
1,956, 647
36, 212
3, 594, 635
17, 250
262, 992
46,149
13
29, 394
81, 296
92, 850
1,402,058
146, 836
1,812, 520
26, 350
19, 470
110, 365
39,136
82,454
11, 826
70, 473
8,485
67,967
28, 654
288, 704
133, 387
1, 725, 729
465, 278
498, 596
554, 578
147,079
49,169
138, 663
402, 577
40,933
186, 702
195, 409
52, 563
253, 599
2,162,957
121, 225
1, 212, 682
189, 917
359, 548
271, 665
191,186
386, 883
1,473,420
85, 034
387, 741
283, 033
166, 031
616, 234
290, 612
4,140,842
2,954, 482

85,392
88,117
58,006
36,000
21,193
31,099
18, 511
2,500
41,741
40, 206
10, 343
16,600
268, 505
21,319
179, 876
7,965
38, 514
39, 698
70, 632
29,722
152,154
37, 783
29,176
24, 357
16, 519
33,487
47, 601
373,428
430, 289

Dividends paid
by receivers

On secured
claims

Dollars
25, 876
3,108
15,401

7,231

47, 835
33, 253
10,132
4,400
560
3,013
4,052
3,'879

29,898
28, 739
94,995
12, 231

7,912
3,975
2,361
15, 958
5,908

23, 402

On unsecured
claims

Dollars
820, 901
496,115
117, 230
95, 788
175, 2^2
1,934
423, 9U4
66, 7i3
66, 803
48, 222
145, 320
742 099
53,941
179, 544
81, 598
266,171
893,431
946,061
73, 6 9 4
46, 2 7 0
27, 567
126, 429
675, 279
70,069
76, 647
20, 615
56, 505
254, 645
704, 663
1,471
52,634
37,404
51,811
37,406
1^2, 306
222, 904
102,038
10, 337
71,107
67,198
32,937
790, 242
13, 407
628, 887
50,129
84, 640
94, 383
250, 266
157,191
1,361,842
18,093
45,153
128,480
39,683
511, 052

20, 895
3,347, 571
2,760 1,086,733

REPORT OF THE COMPTROLLER OF THE CURRENCY

259

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Disposition of proceeds of liquidation—Continued

Secured
and preferred lia- Cash adReceivbilities paid vanced in Conser- ers'
salexcept
vators'
aries,
legal
protecthrough
other
dividends, tion of expenses and
expenses
including
offsets
allowed

Dollars
Dollars
Dollars
1,843
50, 751
21,149
300,197
582
69,387
3,180
350, 053
30, 294
42, 458
127, 558
32, 714
755, 245
72,872
56, 292
48,813
87, 473
228,462
1, 046, 604
558, 742
84,903

3,3
29,069
630
371
3,804
24, 273
18, 202
2,143
200
368
13,476
7,837
25,891

3,879
533,694
861,479

33, 374
111, 941

58, 932

4,152

50, 606
23,474
91, 540
620, 635

144
2,332
3,466

215,119
206,003
247,105
27,906
50,369
38,159
51, 740
17, 111
80, 281
68,399
55.182
964,870
11, 680
713, 610
88, 333
93.183
119, 798
171, 232
94,496
457,839
168,183
144, 720
56, 716
63, 566
96,805
1,240
793,823
1, 549, 265

411
15,207
545
1,161
460
395
955
7,585
95
62,905
11,838
2,424
2,528
6,869
2,494
71,003
587
138
2, 722
979
3,976
37,367
5,968




Cash in
hands of
comptroller
and receivers

Dollar,
Dollars
23, 595
43, 512
12, 911
28, 714
18, 272
15,455
1,371
2,696
19,196
2,787
4,299
34,119
12,613
3,623
13, 940
2,624
16,103
17,617
19, 404
8,597
75, 374
16, 925
7,'"'
3,860
3,175
78, 463
12, 458
7,727
16,874
611
42,143
6,864

75, 241
76, 916
18, 383
5,153
2,916
31, 643
135, 341
1,297
11,914
1,754
10, 058
7,703
15, 653
56, 545
155
19, 028
20,182
20, 997
12,193
5,764
11, 658
22,166
9,405
11,393
14,121
11,625
12, 706
63, 440
5,839
74, 356
17,133
22,436
15, 564
23, 652
17,988
69,392
11, 871
15, 551
12,162
12, 519
33, 830
1,335
206,415
151, 018

13, 543
92,113
10, 780
3,069
1,477
9,901
11,806
2,518
1,291
5,984
2,696
3,694
10, 317
29, 947
32,879
7,703
7,166
3,266
8,834
5,949
40, 017
3,923
9,388
5,007
8,965
2,596
24,924
2,406
49, 867
8,027
5,274
34,393
27, 775
2,326
63, 016
4,641
26,685
15, 613
18, 206
19,433
545
327, 738
149,850

Amount
of claims
proved

Dividends
(percent)

Interest
dividends
(percent)

Date finally
closed or
restored to
solvency

Dollars

1, 214, 387 67.5
708, 563 70
646, 501 22
100, 000 95.78
713, 504 25
23, 299 74.4
756, 883 56
158, 989 43
154,472 43
148,394 32.5
363, 317 40
1,855, 211 40
149,843 35
498,800 15.5
276,420 65
214, 588 38
669, 036 44
1,860, 664 48
3,914,996 25
332, 040 25.1666
103, 095 45
45,945 60
1, 308, 283 10
1,801, 547 37.5
84, 421 83
137,180 56
57,886 7
81,194 30
83, 096 68
478, 281 52.5
1,867, 481 37.5
1,471 100
819, 038 10
725,117 9
593, 719 16
129, 528 40
68,811 40
158, 300 77.5
499,164 47
170, 063 60
145, 078 12
158, 015 45
123, 433 55
181, 840 20
2, 257,834 35
69, 739 22.5
1, 462, 397 43
140, 486 45
387,813 23. 3333
343, 316 27.5
350, 446 71.5
418, 338 37.5
1, 945, 729 70
72, 739 25
695, 340 10
2'85, 511 45
238,078 16. 6666
866,189 59
54,987 38
6, 690, 359 50
3,620, 586 30

1535
1536
1538
Sept. 6,1933 1539
1540
M a y ~10~1933 1541
1542
1543
1544
1545
1546
1547
1548
1549
1550
1551
1552
1553
1554
1555
1556
1557
1558
1559
1560
1561
1562
1563
1564
1565
1566
1567
Oct. 30,1933 1568
1569
1570
1571
1572
1573
1574
1575
1576
1577
1578
1579
1580
1581
1582
1583
1584
1585
1587
1588
1589
1590
1591
1592
1593
1594
1595
1596
1597

260

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Capital
stock at
date of
failure

Name and location of banks

First National Bank, Mountain Lake, Minn
_
Commercial National Bank, Hattiesburg, Miss
Farmers National Bank, Cross Plaines, Tex
Manufacturers National Bank & Trust Co., Rockford, 111
Mahaffey National Bank, Mahaffey, 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, Chillicothe, Mo
Planters National Bank, Saluda, S.C
Waukegan National Bank, Waukegan, 111
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, Ill__
Peoples National Bank of Winston, Winston-Salem, 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, Iowa
First National Bank, Scobey, Mont
Will County National Bank, Joliet, 1111
First National Bank, Stronghurst, 111.
Floyd County National Bank, Floydada, Tex.1
Walthill National Bank, Walthill, Nebr
Third National Bank, New London, Ohio
Greenville National Bank, Greenville, Mich___
First National Bank, Greensboro, Ala
Steel County National Bank, Finley,
N.Dak
First National Bank, Terrell, Tex.1
First National Bank, Beaverdale, 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, Maryville, Mo
Manufactures National Bank, Mechanicville, N.Y
Columbus National Bank, Columbus, Ohio *
First National Bank, Polo, 111
First National Bank, Blythe, Calif
First National Bank in Mount Vernon, S.Dak
First National Bank, Colony, Kans
National Bank of Monticello, Monticello, Ind. 1
First National Bank, Lehigh, Iowa
First National Bank, Fairchild, Wis
United States National Bank, Los Angeles, Calif
Footnotes at end of table, pp. 318, 319.

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
1626
1627
1628
1629
1630
1631
1632
1633
1634
1635
1636
1637
1638
1639
1640
1641
1642
1643
1644
1645
1646
1647
1648
1649
1650
1651
1652
1653
1654
1655
1656
1657
1658




___
_.

-__

Date receiver
appointed

Dollars
25,000 June 12,1931
100,000
do
25,000 June 13,1931
500,000 June 16,1931
do.
50,000
50,000 June 17,1931
200,000 June 18,1931
25,000
do.
100,000 June 19,1931
100,000 June 22,1931
do
100,000
do
250,000
25,000 June 23,1931
do.
25,000
25,000 June 27,1931
150,000
do
50,000 June 29,1931
do
150,000
do
50,000
50,000 July 2,1931
do
25,000
25,000
60,000 July 3,1931
do
150,000
do.
150,000
do
25,000 July 9,1931
do
25,000
do.
50,000
200, 000 July 10,1931
100,000 July 14,1931
do
30,000
200,000 July 15,1931
75,000 July 17,1931
50,000
do
25,000 July 20,1931
50, 000
do
50,000 July 21,1931
100,000
do
25, 000 July 27,1931
200, 000
do
50, 000 July 28,1931
25, 000 July 30,1931
60, 000 Aug. 3,1931
300, 000 Aug. 6,1931
do
600, 000
50,000 Aug. 7,1931
25, 000 Aug. 8,1931
25,000
do
do
25,000
25,000
do
100, 000 Aug. 10,1931
100, 000
do
500,000 Aug. 11,1931
50, 000 Aug. 12,1931
50, 000
do
25, 000
do
25, 000 Aug. 14,1931
40, 000 Aug. 15,1931
25, 000 Aug. 17,1931
25, 000 Aug. 18,1931
1, 000, 000
do

REPORT OF THE COMPTROLLER OF THE CURRENCY

261

1938, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 81, 1933.—Continued
B o o k value of assets at date of
failure

Total
Additional
assets
assessment
upon
received
date
shareEstimated Estimated Estimated since
of
failure
holders
good
doubtful
worthless

Dollars
Dollars
Dollars
Dollars
Dollars
185,465
73,161
29,354
45,714
25,000
220,979
440,526
240,671
21,238
100,000
29, 721
110,460
68,418
25,376
25,000
2, 204,934 2,895,098
81, 831
75,021
500,000
253, 287
407,484
23, 343
26,140
50,000
127, 903
517, 346
41,766
90,105
50,000
724, 599 1, 272, 625
412,832
119,183
200,000
150, 043
203, 795
13,173
43, 251
25,000
393,110
611,026
50, 212
39, 581
100,000
200,135
551, 111
339,941
24, 671
100,000
83, 470
435,128
61, 920
6,553
100,000
1,108, 437 2, 311,901
57,157
190, 397
250,000
126, 647
160,634
88, 245
14,806
25,000
216, 699
61,438
3,000
13, 508
25, 000
28,579
55, 304
39, 661
3,098
25,000
113, 647
440, 793
173, 057
13, 512
150, 000
156,136
189, 675
40, 889
27,980
50, 000
341, 035
472, 331
456, 772
274,947
150, 000
88, 272
175,884
11, 859
67, 747
50,000
40, 286
108, 327
55, 724
64, 081
50, 000
71, 449
162, 293
6,748
12, 271
25,000
77, 720
70, 244
33, 384
70,463
25,000
157, 308
625, 757
1,635
57,460
60, 000
254, 380
585,245
24, 820
39, 479
150, 000
191, 937
617, 400
70, 962
117, 378
150,000
95, 275
78, 510
20, 017
12,866
25, 000
89, 448
169, 754
13, 567
25, 000
6,203
498, 771
874, 205
18, 631
80, 311
50, 000
370, 269
562, 637
293, 533
25, 912
200, 000
386, 933
370, 051
45, 305
84, 681
100,000
96, 930
196,110
1,618
19, 668
30,000
772, 242 2, 309, 567
105, 397
214, 253
200, 000
1,157
75, 000
84, 851
249, 887
69, 728
6,811
50,000
49, 461
53, 006
17, 635
6,161
25,000
203, 733
295,118
10, 586
47, 022
50,000
48, 273
257, 611
25, 501
32,952
50,000
147, 999
241,418
38, 070
32, 777
100, 000
23, 592
181, 778
11, 201
17, 266
25,000
240
100, 000
151 362
522, 793
17, 735
58, 759
50, 000
256, 786
246,153
104, 621
72, 067
25,000
94, 942
598, 878
95, 220
82, 272
60,000
260
3*8
1,071, 211
14, 981
53, 404
300,000
7
2, 7 1. 920 7, 232,142
23,184
346, 232
600,000
158, 980
303, 497
29, 578
138, 275
50,000
43, H i
90, 963
27, 346
16, 394
25, 000
71, 213
101, 588
29, 311
29, 764
25,000
65, 802
183, 400
11, 935
5,316
25,000
62, 693
129, 704
4,569
15,484
25,000
280, 620
382, 258
13,417
77, 223
100,000
1, 567, 364 1, 636, 261
134,899
174, 230
100,000
2,150
500,000
17, 602
263, 798
256, 619
17,840
50,000
150,977
248, 967
27, 780
21,926
50,000
37, 875
157, 068
4, 732
50, 713
25,000
38, 610
111, 181
3,797
14, 232
25,000
4,009
701
51,152
697
30,000
43,170
235,996
3,860
16, 851
25,000
38,412
113, 810
6,121
32, 786
25,000
6,174,953 2, 236,904
525,464
355, 836 1,000,000




Progress of liquidation
to date of this report

Total assets
and stock
assessment

Dollars
358,694
1,023,414
258,975
5, 756, 884
760, 254
827,120
2, 729, 239
435, 262
1,193,929
1, 215,858
687,071
3,917,892
415, 332
319, 645
151, 642
891, 009
464, 680
1, 695, 085
393,762
318,418
277, 761
276, 811
902,160
1,053,924
1,147, 677
231, 668
303, 972
1,521,918
1, 452, 351
986, 970
344, 326
3, 601, 459
.76,157
461, 277
151, 263
606, 459
414, 337
560, 264
258, 837
100, 240
800, 649
704, 627
931, 312
1, 699, 944
10,973, 478
680, 330
202, 814
256, 876
291,453
237, 450
853, 518
3, 612, 754
502,150
605, 859
499, 650
275, 388
192, 820
86, 559
324, 877
216,129
10, 293,157

Cash collections
from
assets

v^asn collections
from
stock
assessment

Dollars
Dollars
151,555
21,176
458,450
34,383
50,700
5, 250
2, 672, 394 274,137
231,871
33,486
144, 595
28, 719
955, 763
117, 482
182, 306
19, 815
399, 692
50,130
299, 353
63, 091
236,464
34,198
1,174,959
86, 696
100, 581
1,841
62, 673
14, 394
21, 381
5,872
152, 673
37,814
147, 578
21, 001
332, 566
36,925
91, 494
26, 773
116,426
19,105
161, 651
23,094
64, 718
16,818
313,137
49, 000
335, 435
65, 793
138,124
46, 681
105, 905
166,996
22,076
35,855
813,915
96, 784
274, 676
89,825
365, 300
241
78, 530
50, 647
1, 278, 361
20, 841
106
103, 590
2,199
500
61, 570
41,807
261, 943
13,397
127,162
5,701
132, 414
2,525
51, 832
60,088
240
275,471
26, 408
24, 599
179,912
32, 290
350, 730
34, 819
644,991
85, 838
5, 057, 333
9,108
245,089
1,393
34, 626
350
64, 084
50
37, 021
2,277
40, 693
9,741
309,144
1, 851, 809
77, 340
2,150
226,940
30,982
247, 564
217,973
12, 642
15,170
37, 395
54, 861
4,634
20,997
2,835
123, 877
11,085
2,141
57, 759
5, 505,939
476,326

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
1626
1627
1628
1629
1630
1631
1632
1633
1634
1635
1636
1637
1638
1639
1640
1641
1642
1643
1644
1645
1646
1647
1648
1649
1650
1651
1652
1653
1654
1655
1656
1657
1658

262

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued
Total
collections
from all
sources,
Unpaid Offsets including
balance allowed offsets alR.F.C. and set- lowed
tled
loan
and unpaid balance
K.F.C.
loan

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
1626
1627
1628
1629
1630
1631
1632
1633
1634
1635
1636
1637
1638
1639
1640
1641
1642
1643
1644
1645
1646
1647
1648
1649
1650
1651
1652
1653
1654
1655
1656
1657
1658

Conservators'
distributions
Loss on
Book
assets
Book
value of
comvalue of remainpounded remaining
ing un- To se- To unor sold uncollected collected
under
stock
as- cured secured
order of
credisessment credicourt
tors
tors

19,489
238, 724
11,174
17, 581

1, 264
14, 519
12,410
39, 356
17, 380
9,301
13,102
10,328
3,800
20,809
73, 456
26, 780
11, 300
15,415
6,300
11,460
64,161
15,668
39, 646
7, 200
1,588
149,370
1,051
21,190
700
8,511
10,741
4,798
7,581
4,463
3,200

13, 900
9,000
63, 300
83, 000
6,000
13, 900
7,500

16, 266
32, 306
32, 829
41, 431
269, 220
21, 839
4,273
307
6,330
2,948
40, 261
236, 789

20,333
2,158
3,517
5,218
1,950
7,216
7,971
3,600
691, 028
3,000

"7,166

Dividends paid
by receivers

On se- On unsecured
cured
claims claims

Dollars
Dollars Dollars Dollars Dollars
133, 229
3,824
269, 689
65,617
77,520
140, 838
19, 750
2,076, 886 225,863
358, 523
16, 514
468, 767
5,383
21,281
1,310,027
82, 518
189, 012
5,185
538, 747
49,870
688, 315
31, 259
64, 381
36,909
426, 253
278,899
65, 802
12, 361
52, 219
290,151
1, 607, 079 46, 695 2, 207, 514 163, 304
278, 577
23,159
5,001
114, 396
212, 667
1,724
10, 606
98, 903
5,094
19,128
3,862
31, 717
461,140 112,186
205,006 112, 677
12,667
251,809
2,883
28,999
180,989
408, 847 135,832 1,037,331 113, 075
26, 698
135, 647
233,727
23, 227
1,161
144,832
139, 319
30,895
3,372
197, 847
17, 215
1,906
60, 793
176, 765
8,182
95, 664
368, 611
11, 000
382,946 139, 603
428, 021
84,207
474, 684
67,012
785, 060 103, 319
222, 885
7,324
47,713
127,620
85, 348
25, 000
200, 532
2,924
76, 500
24, 016
913, 931 377, 554
14,145
216, 288
387,128
938, 751 103, 216
23, 256
37,397
501,971
10, 17J"
398, 906
83,118
29,759
218,826
80, 359
15, 382
1, 478, 378
25,431
1.1" ~ 1,971,829 149, 353
54,159
21,998
274, 096
127, 679
47, 801
12, 401
"8,~632
49, 836
24, 500
6, 346
70,581
224, 777
8,193
314, 491
155,195
145, 357
77,182
191,140
145, 696 129,129
94, 299
160, 878
22,475
4,912
16, 664
58, 820
39,912
51, 789
60,328
314,
224
23,592
1,399
332, 045 144, 688
413, 686
401
245,817
53, 723
21, 243
413, 376
415, 849
74,377
27,710
401, 915
784, 541 311, 607
265,181
5, 495, 391 2,690, 300 2, 356, 625 514,162
308,175
40,892
55, 227
138,915
3,065
23,607
46, 292
137,126
24, 650
64, 741
30, 359
223,102
24, 950
57, 301
'~3~ 632
168, 625
22, 723
53,418
184
3,637
398, 421
90, 259
359,146
5,692
908, 374
22, 660
2,165,938 515,782
273, 060
229, 090
282, 738
5,224
19, 018
301, 879
118, 899
37,358
232, 773 110,620
1,576
209, 476
63,182
6,141
9,830
4,058
64,713
107, 671
20, 366
70
15, 754
25, 782
9,003
51,774
142,178
13,915
75,247
93,537
71, 471
99, 036
22,859
1,883
26,363
6, 673, 293 227,558 2,868, 632 523, 674

Dollars
Dollars
Dollars
Dollars
37, 634
1,100
185,107
11,276
534,771
41,938
153, 337
62, 781
6,831
35,606
307,099 3,253, 630
200,505
102, 467
2,900 17, 393 285, 650
14,106
27, 600 149, 652 350, 566
15, 000 146,947 1, 235,192 116, 502
28,450
224, 615
12, 000 10,494
91,187
514,125
64,303
106, 700
800

Disposition of proceeds of liquidation

Footnotes at end of table, pp. 318, 319.



Dollars
142, 233
158, 999
1,181, 398
198, 542
128, 336
652, 784
167, 628
289,918
103, 949
62, 527
1,003, 026
22,160
17, 213
10, 707
33, 694
116, 928
74, 954
45, 748
86, 700
121, 525
51,123
206, 995
262, 489
141, 458
21, 901
159,107
712, 002
70, 631
346, 4.01
16,790
18,913
33,181
248, 404
86, 324
3,241
250,104
127, 341
240, 024
550, 898
4, 240,196
214, 461
6,848
17, 037
11, 713
8 241, 922
1,478, 950
211, 753
223, 515
10,783
21,149
7,440
120,449
32, 097
3, 785, 464

REPOKT OF THE COMPTKOLLER OF THE CURRENCY

263

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued

Disposition of proceeds of liquidation—Continued

Secured
and preReceiv- Cash in
ferred lia- Cash adbilities paid vanced in Conser- ers' sal- hands of
comparies,
except
protec- vators' legal
and troller
through
of expenses other
and
redividends, tion
assets
expenses ceivers
including
offsets
allowed

Dollars
Dollars Dollars
29, 689
2,144
255, 624
2,192
48, 614
87
1, 788, 593 25, 641
1,694
62,405
168, 940
20,055
521, 664
2,064
. 36,262
1,749
147,891
12, 999
252, 418
2,723
162, 723
22,054
464, 439
36, 525
68, 270
5,022
54, 829
3,989
8,403
694
124, 279
402
5,504
37,000
237, 776
70,775
616
16, 053
6
48,822
254
35, 213
9,664
128,033
162,474
12, 611
4,269
38, 525
1,144
92,143
25
25,196
36
115, 757
5,692
209, 726
618, 582
1,051
86, 280
26,133
39,411
37, 075
118, 691
39,956

61,166
74, 694
128, 033
118, 549
1,021, 700
26, 212
24,148
59,472
29, 973
30, 377
93,946
514, 485

8,821
54
32,289

354
578
5,368
370
1
I,
626
1,657
988
7,662
7,297
70,822
1,724
4,416
12
105
578
1,334
13,062

54, 263
8,060
8
203, 546
50
25, 510
31,907
1,950
7, r
758
20, 406
1,970, 754 152,878
31460°—34 18




Dollars Dollan
8,322
2,719
32, 012
8,424
1,807
12, 273
65, 032 192, 966
2,256
20, 753
5,205
22, 647
37, 530
21,150
13, 832
5,144
30,809
32,508
17,006
18, 898
21,101
9,385
76, 391
26, 698
13, 722
221
6,821
11, 796
2,487
5, 564
17,144
16,820
7,893
13,664
34, 774
31,016
7,812
10,421
8,570
32, 893
9,704
17, 790
6,830
2,244
19, 473
18, 781
28, 233
8,877
5, 585
25, 724
2,506
9,926
3,697
12, 507
62,193
23, 943
37,464
26, 218
4,673
22,193
1,878
9,539
46, 011 509, 664
2,331
1,826
1,005
12, 495
2,628
8,061
1,361
19,947
8,611
12,977
10,008
15, 214
2,154
7,931
5,285
3,254
5,728
11,991
4,470
17,081
9, 435
30, 695
64, 694
43,103
17, 690
144, 983
15, 799
17, 840
2,891
4,924
1,518
3,739
1,143
5,411
1,604
5,509
8,250
13, 694
46, 261 113,180
3,488
13, 849
2,965
13, 076
5,263
11, 597
2,294
8,038
9,050
12, 258
5,563
2, 515
4,584
9,785
4,847
11, 480
160,154 604,043

Amount
of claims
proved

Dollars
218,821
695,375
71,866
2, 566,836
567, 422
516, 418

Dividends
(percent)

Interest
dividends
(percent)

65
35
46
35
25
42
55
37.5
16
20
40
10
10
16
10
41
10
26
64.5
75
43
36
49. 6666
20
30
75
25
12.5
65

1, 554, 248
304,639
771, 638
710,824
312, 433
2, 508, 503
260, 670
172,135
89,371
463, 610
285,150
1,009,002
176, 774
134, 574
162,148
119,637
576,813
518, 600
738, 320
72,996
212, 050
1, 202, 264
858, 313
610,472
234,896
2, 298, 510 15
89, 548 18.75
285, 862 9
63, 809 52
395, 587 62.5
227, 225 38
292, 629
162, 776 5
50,449 100
482, 212 52
488, 423 29
575.875 41. 6666
834, 730 66
7, 704, 528 55
428,916 50
117,019 8. 3333
124, 625
206, 698 10
149,862 8 10
403,199 60
2, 586, 280 57
504,174 42
406, 272 55
168.876 7
18
114, 721 10
17, 299 100
219,005 55
123, 468 26
6, 309, 350 60

2.64

Date finally
closed or
restored to
solvency

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
1626
1627
1628
1629
1630
1631
1632
1633
1634
1635
1636
1637
1638
1639
1640
1641
1642
1643
1644
1645
1646
1647
1648
1649
1650
1651
1652
1653
1654
1655
1656
1657
1658

264

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

First National Bank, Bancroft, Idaho
_
First National Bank, Wauseon, Ohio!
Farmers National Bank, Bridgewater, S.Dak
Peoples National Bank, Latrobe, Pa
First National Bank, Sweet Springs, Mo.
Queensboro National Bank of the City of New York, New York, N.Y.
Farmers National Bank, Fairfax, S.Dak__
_
Prineville National Bank, Prineville, Oreg
First National Bank, Lyons, Ga
First National Bank, Vidalia, Ga
First National Bank, Westbrook, Minn
First National Bank, El Paso, Tex
First National Bank, Coin, Iowa
First National Bank, Randolph, Iowa
First National Bank at Smithfield, Ohio
National Bank of Defiance, Defiance, Ohio
Security National Bank, Mobridge, S.Dak
First National Bank in Alexandria, S.Dak
First National Bank, Eudora, Ark
First National Bank, Mora, Minn
Plainview National Bank, Plainview, Tex
Limon National Bank, Limon, Colo
First National Bank, Merrill, Iowa.
Rockaway Beach National Bank, New York, N Y
Labor National Bank of Montana at Three Forks, Mont
Bank of Pittsburgh National Association, Pittsburgh, Pa
Peoples National Bank, Salem, N Y
Farmers National Bank, Trafalgar, Ind
Inkster National Bank, Inkster, Mich
Rogers Park National Bank, Chicago, 111
First National Bank, Lynchburg, Ohio
Commercial National Bank & Trust Co., St. Joseph, Mich
1691 First National Bank, Hankinson, N.Dak
First National Bank, Midland City, Ala
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
First National Bank, Fort Mill, S.C
Farmers National Bank, New Bedford, 111
1699 First National Bank, Bode, Iowa
1700 First National Bank, Sisseton, S.Dak
1701 First National Bank, Hagerstown, Md
1702 First National Bank, Reed City, Mich
1704 Peoples National Bank, Pulaski, N.Y
1705 First National Bank, Unionville, N.Y
1707 First National Bank, Orbisonia, Pa
1708 First National Bank, Kewanee, 111
1709 Security National Bank, Bowie, Tex
1711 National City Bank, Ottawa, 111
1712 First National Bank, Elba, Ala
1714 First National Bank, Smithville, Tex
1715 Calumet National Bank, Chicago, 111
1717 First National Bank, Colville, Wash
1718 Peoples National Bank, Point Marion, Pa
1720 Planters & Merchants First National Bank, South Boston, Va_.
1721 First National Bank, Carterville, 111
1722 National Bank of Fayette County, Uniontown, Pa
1723 First National Bank, Carey, Ohio
1724 Moshannon National Bank, Phillipsburg, Pa
1725 National Mohawk Valley Bank, Mohawk, N.Y
Footnotes at end of table, pp. 318, 319.
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




Capital
stock at
date of
failure

Date receiver
appointed

Dollars
25,000 Aug. 20,1931
50,000 Aug. 22,1931
25,000 Aug. 24,1931

do.
200,000
50,000 — _ d o
200,000 Aug. 26,1931
25,000
do
50,000 Sept. 1,1931
25,000 Sept. 3,1931
35,000
do
30,000 Sept. 4,1931
1,000,000
do
50, 000 Sept. 8,1931
45,000
do.
50,000 Sept. 10,1931
150,000
do
50,000 Sept. 11,1931
50,000
do
40,000 Sept. 12,1931
25,000 Sept. 14,1931
125,000 Sept. 16,1931
do.
30,000
40,000 Sept. 18,1931
200,000 Sept. 19,1931
do.
25,000
3,000, 000 Sept. 21,1931
40,000 Sept. 23,1931
do.
25,000
25,000 _—do
100,000 Sept. 24,1931
50, 000 Sept. 28,1931
do
200,000
do.
30,000
35, 000 — d o
do
25,000
do.
200,000
40,000 Oct. 1,1931
200,000 ____do
do
40,000
do
25,000
25, 000 — d o
do
75, 000
150,000 Oct. 5,1931
do.
100,000
_do_
50,000
_do_
30,000
.do.
50,000
125,000 O c t . 6,1931
do
50,000
200,000
do
100,000
do.
50,000 Oct. 7,1931
400,000 — .do
60,000 Oct. 8,1931
50, 000
do
125,000 Oct. 10,1931
50,000
do
500, 000 Oct. 12,1931
25, 000
do
150,000 . — d o
_.
100, 000
do

REPORT OF THE COMPTROLLER OF THE CURRENCY

265

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Book value of assets at date of
failure

Progress of l i q u i d a t i o n

to date of this report

Additional
Total
assessment Total assets
assets
Cash coland stock
received
upon
col- lections
assessment Cash
date
sharefrom
Estimated Estimated Estimated since
lections
holders
stock
from
good
doubtful worthless of failure
assessassets
ment

Dollars

Dollars

Dollars

Dollars

Dollars

Dollars

Dollars

35,546
222,092
94, 586
1,103, 278
37, 679
780, 346
48,605
28, 303
127, 698
169, 230
187, 294
5, 084,165
45,010
33, 300
32, 859
482, 377
90, 787
128, 368
109, 670
113, 279
415, 741
70, 727
146, 923
771, 281
40,122
26, 708, 938
277, 902
62, 520
41, 745
223, 731
61, 570
412, 844
64, 011
40, 789
407, 802
854, 919
125, 390
165,412
77, 596
67, 756
17, 298
118, 788
1, 380, 408
214, 863
259, 877
448, 331
112,495
901, 339
21,156
355, 425
19, 377
109, 408
681, 534
491, 297
184, 459
246, 925
109, 729
1, 643, 368
117,759
181, 596
363,120

26, 736
392, 852
182, 607
1,730, 602
62,938
1, 765,166
149,136
100, 658
34, 702
91,055
191, 791
3, 787, 211
67, 570
47, 379
286, 687
761,960
146, 465
333, 352
147, 632
256,166
1,182,118
77, 059
118, 546
1, 538,101
128, 527
28, 298, 687
235, 368
52, 301
239, 375
1,146, 953
217, 434
1,856, 440
114,195
95, 625
103,157
3, 513, 332
204,154
385, 314
103, 073
47, 548
97, 510
234, 045
1,854, 363
1,073 344
433, 287
273, 591
485, 300
674, 316
161, 838
835, 070
229, 844
144, 665
2, 473,162
276, 572
336,931
1, 323, 307
302, 490
9,086,179
117, 908
1, 478, 014
825, 474

49,232
41, 722
30,474
238,166
52, 508
34, 299
1,784
41, 704
26, 203
135,037
17, 017
835, 723
56, 417
34,109
1,425
269, 626
9,710
17, 687
22, 456
6,748
404, 860
2,310
3,587
58, 438
17, 916
2, 555, 540
46, 288
22,136
8,447
24,106
8,695
1, 219, 425
17, 018
54, 668
39, 675
48, 082
50,106
193, 443
157, 621
10, 630
10, 993
47, 419
54, 301
249 089
37, 724
17,940
9
15,423
98, 235
182, 284
202, 217
57,116
352,113
23, 931
9,218
313, 354
12, 235
304, 072
13, 535
145, 306
17,014

22,451
82,017
60,106
208,948
18,355
78,229
15, 291
9,708
13, 572
31,961
16, 319
294,944
42, 350
51,934
30,457
35, 849
36, 097
10, 680
4,093
27, 210
151, 530
5,505
22, 032
37, 435
14, 683
1,859,127
80, 267
17,013
21,936
47,165
7,457
290, 574
53,811
11, 739
25, 374
192,859
67,010
54, 585
26, 658
8,124
8,229
9,815
384, 864
267,803
31,515
37,899
69, 721
170, 503
62,181
41, 502
68, 949
18, 087
164, 077
73, 863
40,138
108, 575
10,144
737, 364
44, 394
190, 848
93, 864

25,000
50,000
25,000
200,000
50,000
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
200, 000
25,000
3,000,000
40, 000
25,000
25, 000
100, 000
50,000
200, 000
30, 000
35,000
25, 000
200, 000
40, 000
200, 000
40, 000
25, 000
25, 000
75,000
150, 000
100, 000
50, 000
30, 000
50,000
125, 000
50, 000
200,000
100, 000
50,000
400,000
60,000
50, 000
125, 000
50,000
500,000
25, 000
150,000
100,000

46,079
158,965
288,107
788, 683
78, 485
392, 773
3,480, 994 1,059,182
66, 875
221,480
2,858,040 1, 672, 509
55, 546
239,816
63,832
230,373
62,764
227,175
68,306
462, 283
195, 241
442,421
11,002, 043 4, 349,938
60,941
261, 347
28,888
211, 722
134,087
401,428
617, 592
1, 699, 812
73, 636
333, 059
149,183
540, 087
131, 261
323,851
248,898
428,403
479, 878
2,279, 249
104, 572
185,601
108, 621
331, 088
2, 605, 255 1, 483,972
79,045
226, 248
62, 422, 292 35, 522, 488
423, 212
679,825
71, 644
178,970
141,013
336, 503
535, 659
1, 541, 955
162, 446
345,156
3,979, 283 1, 201, 111
65, 703
279,035
85,839
237,821
197, 746
601,008
4,809,192 2, 269,063
120,660
486,660
215,364
998,754
134, 252
404,948
46, 476
159,058
35, 714
159, 030
86, 731
485,067
3, 823,936 1, 269,169
426, 570
1, 905, 099
812, 403
387,514
490, 396
807, 761
290, 543
717, 525
725, 403
1,886, 581
100, 607
393,410
437,322
1, 614, 281
69, 725
620, 387
162,048
379, 276
4,070, 886 1, 271, 745
453, 681
925, 663
150, 689
620, 746
707, 455
2,117,161
151, 508
484, 598
12, 270, 983 5,079, 240
168, 024
318, 596
540, 872
2,145, 764
651,068
1, 399, 472




Dollars
12,371
19,650
3,087
138,015
13,310
53,027
2,185
8,542
1,591
9,840
20, 283
209,490
14, 800
26, 860
24,537
116, 603
6,365
26, 671
18,113
3,828
27, 216
5,004
7,057
146, 650
9,720
2, 463, 067
18,400
18, 215
19, 012
21, 043
40, 356
130, 858
2,050
666
16, 660
153, 974
21,855
27,871
17, 261
17,004
8,594
15,192
109, 217
30, 620
29, 900
46, 758
92, 930
28, 470
48, 381
19, 756
12, 612
128, 333
23, 560
26, 877
69, 495
30,188
247,947
20, 200
121, 770
62,163

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
1691
1692
1693
1694
1695
1696
1697
1698
1699
1700
1701
1702
1704
1705
1707
1708
1709
1711
1712
1714
1715
1717
1718
1720
1721
1722
1723
1724
1725

266

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued
Total
collections
from all
sources,
Unpaid Offsets including
balance allowed offsets alR.F.C. and set- lowed
tled
loan
and unpaid balance
R.F.C.
loan

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
1691
1692
1693
1694
1695
1696
1697
1698
1699
1700
1701
1702
1704
1705
1707
1708
1709
1711
1712
1714
1715
1717
1718
1720
1721
1722
1723
1724
1725

Conservators'
distributions
Loss on
Book
assets
Book
value of
comremainvalue
of
pounded remaining ing unor sold uncollected collected To se- To ununder
stock as- cured secured
assets
order of
credisessment credicourt
tors
tors

Dollar,
Dollars Dollars Dollars
65, 426
987
3,676
3,300
65, 306
15, 275 323, 032
20, 785 125,907
1,731
23, 550
15, 200 144,174 1, 356, 571 255, 805
84,196
934
4,011
120,006 1, 845, 542 577, 053
89, 210
10, 030
31,479
78, 025
6,518
5,651
86,729
14,474
7,900
27,040 109, 886
4,700
23,179 238, 703
43, 633
1, 071,985 5, 631, 413 38,102
82,133
33, 332
6,392
59, 821
8,258
4,073
9,569 168,193 113,985
40,132
57,184 808, 279
16,900
81,067
3,833
1,066
6,184
32,051 207,905
172,
943
2,918
8,200 15,369 262, 460
65, 818
9,734 610,523
~I2,~8O6 90, 629 117,230 173, 488
16, 477
7,654
~~7~I66 15,149 137, 927 17, 578
64, 466 1, 695,088 459, 009
92, 876
6,193
4,111
.,544,124 1,872,198
3, 558, 569 41
20.397 462, 009 106,051
99,371
3,761
9,512
57,198
23, 262 183, 287
59, 993 616, 695 293, 723
5,824 208, 626 103,133
227, 231
83,000 190, 894 1,605,"""
81, 438
1,270
4,185
9,500
88,844
6,749
2,339
1, " •
24, 342 257, 448
18, 700
362, 552 2, 785, 589 452, 702
5,464
"16,466 13, 702 166,617
42, 923 286,158 117,91
6,526
11,977 163, 490
2,654
76, 757
7,077
6,200
7,000
3,100
14,100

73,800
"~9,~650

Footnotes at

48, 658
4,350
7,947
2,255 111, 178
139,666 1, 521,152 401,931
87, 356 513,926 215,129
36, 391 468, 625 122, 740
12.398 532, 694 174, 676
7,941 345, 242 167, 977
79, 205
56, 522 874,855
43,948
9,292 138,369
30, 272
107,978 593,681
92, 359
2,151
2,878
17, 704
11. 985 186, 645
160,162 1, 634, 040 165, 607
41, 055 518, 296 113,683
20, 351
33, 413 220,029
81, 947
67,385 844,335
85, 636
7,956 189, 652
466,817 5, 794,004 602, 393
13,115
11, 008 199, 232
139, 287
79, 537 742,179
47, 687 760, 918 212, 53,
end of table, pp. 318, 319.




Disposition of proceeds of liquidation
Dividends paid
by receivers

On secured
claims

Dollar, Dollars Dollars Dollar}
Dollars
12, 629
6,497
83, 223
30,350
25,156
369, 995
21,913
266, 772
61,985
1, 821, 833
99, 660
288, 472
117, 761
104, 372
124,937
331,937
150, 368
4, 542, 018
110, 682
125, 503
93, 787
834,904
204, 524
302, 669
134,303
78, 953
1, 410, 254
26,898
149, 740
397, 808
111,.—
18, 469, 037
90,165
69,053
90,030
552, 580
23, 753
2,160, 047
177, 877
107,894
352, 234
1, 524, 875
306, 834
422, 555
212,193
77,851
93,966
313,134
1, 863,170
1, 076, 044
215, 758
100, 291
201, 064
900, 451
189, 563
838, 709
445, 633
137, 539
2, 073, 37:
257, 244
366, 293
1,135, 374
189,498
5, 622, 533
101, 449
1, 236,068
388,182

146,973
22, 815
41,458
23,409
25,160
9,717
790, 510
35, 200
18,140
25,463
33,397
43, 635
23,329
21, 887
21,172
97, 784
24, 996
32, 943
53, 350
15, 280
536, 933
21,600
6,785
5,'
78, 957
9,644
69,142
27, 950!
34,334 !
8,340
46,026
18,145
172,129
22, 739'
7,996
16,406
59, 808
40,783
100, 000'
19, 380
100
3, 242
32,070
21, 530
151, 619
80, 244
37, 388
271, 667
36, 440
23,123
55, 505
19,812
252,053
4,800
28, 230
37, 837

9,638
6,082
6,119
296, 293

59, 005
9,673
3,187
6,149
52, 441

54, 539
5,81
4,097

10,134
12, 503
2,964
365
7,855
9,779

On unsecured
claims

Dollars
19,387
170,794
49,642
925, 350
59, 472
1, 292, 606

9, 835
17, 251
14, 098
141, 528
1, 523, 561
40, 766
31,772
79,782
347,421
7,780
54,814
23, 241
151,910
173, 943
16,826
91, 965
1,159,821
18,101
16,082,529
348, 990
49,662
127, 672
166, 355
30, 550
717,856
14,810
183,160
1, 705,001
80, 727
107,164
27, 953
53,978
22,136
20,235
799, 704
123, 446
267,328
455, 600
294, 744
407, 468
23, 922
259,894

125, 324
51,17'
529,088
» 2, 616 9 236,498
67,487
48,040 283,190
50,046
135,168 612,630
153,541
458,330
435,801

REPORT OF THE COMPTROLLER OF THE CURRENCY

267

1938, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued

Disposition of proceeds of liquidation—Continued

Secured
and preReceiv- Cash in
ferred lia- Cash adbilities paid vanced in Conser- ers' sal- hands
of
aries,
except
protec- vators' legal
and compthrough
troller
of expenses other
dividends, tion
reassets
expenses and
including
ceivers
offsets
allowed

Dollan

30,388
94, 736
61, 942
357, 419
14, 562
473, 566
60,892
39,584
49, 240
74, 377
75, 244
3,112, 297
24,913
15, 576
52,263
354, 928
46, 354
122, 246
123,151
95, 223
320,023
85, 551
28,326
496,094
41,176
24,492, 625
60, 338
34, 647
23,334
381,175
691,823
44, 555
65, 750
49,446
993,312
74,252
122, 973
100,440
14, 307
12, 777
65, 782
633, 273
163, 048
176, 913
48, 778
7,941
349, 323
81,876
258, 064
58,519
22, 290
893,139
250, 283
130,971
432, 479
96, 468
4, 259, 091
21, 291
175, 701
261,424

Dollars

Dollars

16
196
2,932
7,290
4,223
1,702
192
174,907
471
2,955
9,786
742
816
4,
4
1,230
2,224
3,799
355
528
163,113
460
50
18,383
19
47,564
1,055
350
3,547
43
499
3,538
3,486
2,696
93
31:
564
473
3,179
217
245
13,884
13, 738
2,165
13"
4,11'
192
13. 230
1,149
803
12,156




Dollars
Dollar,
7,152
1,9
20, 454
11,696
1,058
10, 333
48, 514
17,998
7,065
3,097
42, 899
32, 248
10,900
15, 716
8,500
10, 468
5,536
8,620
2,720
12, 380
9,564
12,367

133, 297
10,140
7,917
10, 272
28,570
10,194
11,455
13, 592
13,209
48, r "
7,'
9,224
34,606
8,147
394,090
14, 584
8,697
10,849
42, 219
10, 425
72, 337
10,462
6,794
16,356
68, 593
9,928
33,020
12,848
7,325
7,320
11, 624
65,250
25,888
17,827
15,687
12, 796
33,445
19, 321
24, 307
17,125
18, 614
57, 235
18,976
16, 066
36,""
8,463
145, 511
13, 082
38, 746

391, 058
5,843
4,556
22,921
8,569
6,324
15,387
2,181
2,114
14,797
4,721
4,613
4,212
20, 926
411,767
37, 637
6,315
3,049
26,927
16,423
70, 468
6,459
15,950
18^ 640
1,211
19,463
8,629
1,147
3,729
941
22, 612
198, 016
5,719
4,774
29, 761
81, 440
3,471
51,199
16,470
6,533
7,758
5,368
39, 525
34,483
628,374
10,169
68, 599
25,441

Amount
of claims
proved

Dividends
(percent)

Dollars
50,310 47.5
505,107 38.5
207,263 24
2,308,191 40
99,120 60
1,795,862 72
99,324
88, 275 22
109, 569 20
280,442 7
283, 058 50
5,125, 991 30 91, 327 45
52,954 60
257,194 43.5
1,011,356 40
120, 336 12.5
283,986 20
101,129 23
253,183 60
1,648,815 13.5
33,970 50
183,931 50
1,656, 887 70
80, 448 22.5
26, 772, 213 '60
498, 627 70
66, 402 75
222, 599 57.5
832, 633 20
166, 227 50
2, 396, 977 30
120, 558 15
101,462
457, 741 40
3, 071,314 55.5
269,091 30
448,251 25
220,859 15
82,854 65
82, 277 27
279, 490 11.5
2, 099, 828 38
1, 047, 561 12
486, 339 55
623,177 75
467,848 63
976, 452 42
166, 465 20
816, 240 32
285, 738
227,862 55
2, 273,476 28.5
473,004 9 50
281, 279 24
1, 365, 322 24
251,047 20
5,948, 223 12.5
184, 297 83. 3333
1, 251, 566 37
814, 580 53.5

Interest
dividends
(percent)

Date finally
closed or
restored to
solvency

1659
1660
166X
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
1690
1691
1692
1693
1694
1695
1696
1697
1698
1699
1700
1701
1702
1704
1705
1707
1708
1709
1711
1712
1714
1715
1717
1718
1720
1721
1722
1723
1724
1725

268

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Capital
stock at
date of
failure

Name and location of banks

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, 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, W.Va
First National Bank, Bishop, Tex
First National Bank, Mathis, Tex
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, Elizabethton, Tenn
Westmont National Bank, Westmont, N.J
First National Bank, Eoxboro, N.C
First National Bank, Erie, 111
Belvidere National Bank, Belvidere, N.J
Lyon County National Bank, Rock Rapids, Iowa
First National Bank, Cowen, W.Va
First National Bank, Terra Alta, W.Va.2
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, Dexter, Mo
Exchange National Bank, Pittsburgh, Pa
Citizens National Bank, Kokomo, Ind
Commercial National Bank, Eufaula, Ala
First National Bank, Graceville, 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 2
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
Security National Bank, Paducah, Tex
Citizens National Bank, Seward, Pa
Hutchings First National Bank, Siloam Springs, Ark___
Footnotes at end of table, pp. 318, 319.

1726
1727
1728
1729
1730
1731
1732
1733
1734
1735
1736
1737
1738
1739
1740
1741
1742
1743
1744
1746
1747
1748
1749
1750
1752
1753
1754
1755
1756
1757
1758
1759
1760
1761
1762
1763
1764
1765
1766
1767
1769
1770
1771
1772
1773
1774
1775
1776
1777
1778
1779
1780
1781
1782
1783
1784
1785
1786
1787
1788
1789




__

Date receiver
appointed

Dollars
50,000 Oct. 12,1931
50,000
do
200,000 Oct. 13,1931
40,000
.do.
30,000
_do.
25,000
_do.
50,000
_do.
100,000
.do.
25,000
do.
125,000
do.
50,000
.do.
50,000 Oct. 15,1931
150,000
do
_.
50,000
60,000
100,000
50,000
do
25,000
do
25,000
do
40,000 Oct. 16,1931
50,000
do.
25,000
do
30,000
do
200, 000
.do.
75,000 Oct. 19,1931
25, 000
do
150,000
do
40, 000
do
100,000
do
75, 000 Oct. 20,1931
25,000
do
25,000
do
50,000 Oct. 22,1931
25,000
do
35,000
50,000
do
25, 000 — __do
50,000
do
50,000 _.__do
150, 000 Oct. 23,1931
50,000
do_
750, 000
do
350, 000
do
150, 000 Oct. 27,1931
35,000
do_
25,000
do
300, 000 Oct. 28,1931
60, 000 Oct. 29,1931
50,000
do.
50, 000
do.
50, 000
do
1,000, 000
do
50,000
do
77,000
do
50, 000 Oct. 30,1931
50,000
do
25, 000
do
175, 000 Oct. 31,1931
50, 000 Nov. 2,1931
25, 000
do_
50,000
do.

269

REPORT OF THE COMPTROLLER OF THE CURRENCY

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Progress of liquidation
to date of this report

Book value of assets at date of
failure

Additional
Total
assets
assessment Total assets
upon
and stock
received
sharedate
assessment
Estimated Estimated Estimated since
holders
of
failure
doubtful worthless
good

Dollars

Dollars

Dollars

Dollars

Dollars

Dollars

colCash col- uasn
lections lections
from
from
stock
assessassets
ment

Dollars

Dollars

225,843
393, 899
695,151
39,990
130, 656
32, 926
305, 310
235,416
41, 701
501, 824
214, 624
183, 383
300,474
141,007
80,927
338, 228
152,083
35, 589
29, 261
118, 287
44, 521
31, 775
64, 813
233, 221
299,037
153,154
139, 841
364,944
412, 705
330,455
89,066

440,005
394,744
1,668,984
356, 722
204,096
53, 520
167,160
523,895
108,977
968, 645
124,911
339, 831
567,702
390, 530
150,380
411, 524
98,077
90, 661
59,459
65, 243
195, 215
226,011
180,461
1, 399, 639
932, 630
196, 448
380, 416
254, 077
1, 633, 721
792, 814
29,850

4,404
42,028
8,330
19,985
21,223
7,435
32,364
20,624
31,776
98, 426
35, 269
59,943
155, 509
9,450
64,969
46,397
16,669
23,271
17,998
8,609
97,872
1,377
46,172
441, 558
158, 274
61, 663
139, 898
8,885
91,419
126, 618
4,758

38,457
6,806
115, 261
17, 775
18, 255
5,888
122,045
112,987
15, 288
163, 756
80, 587
29, 734
278, 877
29,921
79,496
115,903
12,120
35, 510
31, 767
53,465
11,480
24, 395
12,380
67,021
41, 753
103, 383
29, 779
35,608
94, 512
44, 811
2,135

50,000
50,000
200,000
40,000
30,000
25,000
50,000
100,000
25,000
125,000
50,000
50,000
150,000
50,000
60,000
100,000
50,000
25,000
25,000
40,000
50,000
25,000
30,000
200,000
75,000
25,000
150,000
40,000
100,000
75,000
25,000

758,709
887,477
2,687,726
474,472
404, 230
124, 769
676, 879
992,922
222, 742
1,857, 651
505,391
662, 891
1,452, 562
620, 908
435, 772
1,012,052
328,949
210,031
163,485
285, 604
399,088
308, 558
333, 826
2,341,439
1,506,694
539, 648
839,934
703,514
2,332,357
1,369, 698
150,809

252,167
195,906
1,094,001
179, 863
209, 641
45,038
239,129
233,187
30,305
615,816
191, 607
160,178
354, 606
329, 377
101,646
307,703
83,069
53,106
35,910
93,072
58, 787
142,025
95, 432
805, 210
240,685
145, 504
101, 247
200,409
1,157, 359
622,042
53,904

33, 632
31,415
53,128
31,301
28,500
6,208
11, 649
60, 422
6,500
88, 754
29,550
5,600
18,619
33, 588
34, 638
19, 548
25,114
4,000
9,932
13, 519
19,909
11, 334
16, 394
65,089
22,077
12,905
22, 728
11, 600
89, 695
2,279
6,027

110, 553
32, 995
148, 739
18, 891
32, 205
55, 784
44, 266
697, 626
49, 831
2, 547, 498
1,365, 523
97,069
61, 554
59,652
1,158, 925
108, 023
166,146
255, 294
268, 285
6, 211,161

147,012
118, 213
95, 585
177, 763
121,017
821,906
209, 489
1, 610, 456
306, 432
4, 539, 962
1, 931, 568
226, 487
97, 823
224,379
4, 703, 737
148, 386
263,140
190, 072
469, 540
9, 581, 786

142, 862
28,197
46, 786
35,169
1,692
31,012
6,615
124, 333
63, 737
685, 966
413,876
76,057
42, 699

89, 647
9,622
16, 862
16,908
2,369
43, 690
142, 569
189,479
18, 683
348,101
311, 670
155,038
11, 655
67,120
674,018
13, 771
30,989
15,186
7,063
1,059, 733

50,000
25,000
35,000
50,000
25,000
50,000
50,000
150, 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

540,074
214,027
342,972
298, 731
182, 283
1,002, 392
452,939
2, 771,894
488, 683
8, 871, 527
4, 372, 637
704, 651
248, 731
376,151
7,083,963
356,195
563,668
621, 931
799,969
18, 637,610

115,020
26, 368
124,800
72, 430
48,134
452, 345
120, 852
1, 231, 449
253, 499
3, 381,497
1, 430,165
125, 994
49, 500
183,935
2, 312, 739
114, 666
314, 271
155,093
230,905
9, 634, 597

18, 622
3,300
19, 875
53
3,500
30,126
34, 021
82, 324
3,932
551,946
236, 075
7,898
10, 614
20, 830
163,193
35, 453
43, 880
33, 225
38,986
681, 956

211,991
378, 363
299,924
139,501
755,978

313, 432
466, 220
342, 669
175, 206
881, 853
314, 749
121, 601
287, 979

77,348
33,853
12, 714
37, 574
117, 316
210,145

57, 252
37, 410
31, 300
6,475
105, 625
10,743
8,146
37,156

77,000
50,000
50,000
25, 000
175,000
50,000
25, 000
50, 000

737,023
965, 846
736, 607
383,756
2, 035, 772
667, 626
174, 383
645,413

306,065
250, 230
354, 444
120, 830
811,195
102, 795
44, 523
197, 441

66, 541
39, 281
41,114
15,195
115,024
15, 385
9,628
1,500

81,989
19, 636
60, 201




247, 283
26,015
53,393
111,379
5,081
784, 930

210,077

1726
1727
1728
1729
1730
1731
1732
1733
1734
1735
1736
1737
1738
1739
1740
1741
1742
1743
1744
1746
1747
1748
1749
1750
1752
1753
1754
1755
1756
1757
1758
1759
1760
1761
1762
1763
1764
1765
1766
1767
1769
1770
1771
1772
1773
1774
1775
1776
1777
1778
1779
1780
1781
1782
1783
1784
1785
1786
1787
1788
1789

270

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued

Total
collections
from all Loss on
assets
sources,
comUnpaid Offsets including
balance allowed offsets al- pounded
or
sold
R.F.C. and setlowed
under
tled
loan
and unorder
of
paid balcourt
ance
E.F.C.
loan
Dollars
1726
1727
1728
1729
1730
1731
1732
1733
1734
1735
1736
1737
1738
1739
1740
1741
1742
1743
1744
1746
1747
1748
1749
1750
1752
1753
1754
1755
1756
1757
1758
1759
1760
1761
1762
1763
1764
1765
1766
1767
1769
1770
1771
1772
1773
1774
1775
1776
1777
1778
1779
1780
1781
1782
1783
1784
1785
1786
1787
1788
1789

13, 200

5,700
15, 600
47,100

4,700
3,000
24, 400
32,666
18, 300

Dollars
Dollars
312, 678
26,879
269,175
41,854
236,162 1, 383, 291
238, 722
14, 358
246,063
7,922
56, 345
5,099
272, 495
21, 717
313, 486
19,877
38, 511
1,706
782, 919
78, 349
233, 655
12, 498
187, 736
16, 258
435,067
46, 242
382, 762
19, 797
144, 520
8,236
396,432
22,081
121, 965
13, 782
82, 267
25,161
53, 070
7,228
114,071
7,480
88, 270
4,874
158, 018
4,659
130, 021
15,195
956,141
85, 842
322, 085
34, 923
206, 959
48, 550
135, 279
11, 304
269,089
25,080
73, 069 1, 320,123
691, 745
49,124
66,105
6,174

Dollars
40, 280
8,731
338, 467
55,311
36,834
94
6,872
3,362
2,930
150,125
8,774
23, 758
109, 598
128,007
30,307
73, 518
4,479

15, 283
61, 557
3,479
107,585
11, 241
28, 910
19, 932
1,758
709, 669
138,242

Conservators'
distributions
Book
value of
remaining
uncollected
assets

Book
value of
remaining uncollected
stock assessment

31,390
1,481
12,126
72, 699
5,985
407,805
8,897
520, 956
191,968
20, 712
8,969
97, 923
625,955
13,600
49, 574
24,163
19, 323
305, 528

362,980
159,129
118, 422
167,143
88,981
353,816
261, 780
887, 897
165, 033
3, 575, 396
2,143, 707
391,837
150, 772
58, 806
3, 432, 227
159, 899
125, 580
361, 379
461, 735
6, 445, 508

31, 378
21, 700
15,125
49, 947
21, 500
19, 874
15,979
67, 676
46, 068
198, 054
113,925
142,102
24, 386
4,170
136,807
24, 547
6,120
16,775
11,014
318, 044

16,950
389, 556
47,453
381, 064
35,914
431, 472
5,916
141,941
119, 634 1, 049, 553
12, 455
142, 235
2,668
58,619
10,181
209,122

84, 405
24, 242
72, 625
27, 728
141,959
18, 838
1,650
135,893

252, 603
593,921
223, 624
204, 282
787,984
483, 538
100, 542
251, 898

10, 459
10, 719
8,886
9,805
59,976
34,615
15, 372
48,500

44,100
3,700
11,600
1,800

Footnotes at end of table, pp. 318, 319.




To secured
creditors

To unsecured
creditors

Dollars Dollars
Dollars
Dollars
389, 383
16,368
590,986
18, 585
819, 096
146,872
184, 940
8,699
119,833
1,500
49, 538
18, 792
359,161
38, 351
636,496
39, 578
162, 801
18, 500
888, 361
36, 246
242, 512
20, 450
412, 697
44,400
792,116
131,381
93, 727
16,412
235, 583
25, 362
508,750
80,452
177,619
24, 886
106, 764
21,000
95, 347
15, 068
145,052
26, 481
270,144
30, 091
75, 317
13, 666
189,720
13,606
1,142, 802
134,911
1,144, 845
52, 923
291, 684
12, 095
557, 451
127, 272
436, 267
28, 400
292, 260
10, 305
485,290
72, 721
65, 731
18,973

151, 566
12,074
33,198
3,530
178, 035
33,360
80,160
7,677
59, 676
8,042
556, 003
73, 532
169,195
14,322
94, 743 1, 408, 516
268, 685
11, 254
395,100 643, 678 4,972, 221
256, 797 1,923,037
150,000
16,108
69,404
4,490
4,800
215, 252
10, 487
413, 042 2, 888,974
158,149
8,030
382, 394
24, 243
240,114
31, 296
20,500
343, 097
38,006
35,200
1, 251,977 11, 568, 530
5,850

Disposition of proceeds of liquidation
Dividends paid
by receivers

On secured
claims

On unsecured
claims

Dollars

Dollars
217,364
88,435
436, 301
155, 829
211, 398
7,111
8,826
23, 431
17, 060
48,130
98, 375
22,770
969

448,321
89, 636
126, 636
65, 553
»300, 378
60,959
8,781
220, 217
75, 474
12, 652
2,485
24,570
41, 955
18, 225
7,552
90, 638
70, 551
148, 094
79, 345
61, 339
11,682
130, 788
16, 226
16, 207
176, 571
8
1,033, 628
497,362
27, 310
2,254
817
513
38,869

108, 531
11, 208

29,929
33,402
29,414
119,613
3,233
98, 312
1,015, 377
37,897
2, 262,119
742,150
46,027
17, 274
29, 857
2,161
162, 717
737, 393
66,703
2,262
116,939
304,166
p.15, 785
148,947
9 4,373,417
26,468

7,645
7,854

313,144
143,811
239, 709
64, 740
680, 429
24, 577
28,354
16, 622

REPORT OF THE COMPTROLLER OF THE CURRENCY

271

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Disposition of proceeds of liquidation—Continued

Secured
and preCash in
ferred liaReceiv- h a n d s of
Cash adbilities paid vanced
in Conser- ers' salcompexcept
protecvators' aries, legal troller
through
tion of expenses and other and redividends,
expenses ceivers
assets
including
offsets
allowed

Dollars
Dollars
Dollars
48,640
237
107, 755
211
752, 585
379
63,190
975
17, 958
969
27, 829
211,077
112,998
14, 657
29, 015
126
229, 816
3,893
125, 310
15
36, 086
888
278, 655
17, 736
53, 081
200
44, 366
4,398
151, 449
1,916
29,685
132
57,071
303
7,295
73
59, 525
742
45, 021
3,777
54,737
1,364
40, 515
2,391
644, 551
3,605
195, 202
3,233
58, 611
1,876
76, 318
5,713
71,314
1,884
476
139, 775
6,456
160,182
4
17, 590

Dollars
Dollars
17, 509
28,928
19, 790
30, 214
50,297
142, 760
15,010
3,718
11,835
3,903
5,738
6,841
16,177
4,750
16, 343
22,983
6,661
2,709
30, 528
70, 361
12, 441
5,436
16, 636
6,977
28,198
6,056
14, 597
14, 506
15,175
10,841
18, 319
4,531
7,260
9,414
7,437
2,319
6,579
14, 553
8,184
3,665
10, 868
2,827
11, 032
247
13, 478
3,086
57, 524
23,022
45,462
5,167
14,152
1,532
14,007
6,808
16, 747
2,573
28,186
118,058
21, 779
5,966
7,568
11, 379

Amount
of claims
proved

Dollars
543, 673
667, 228
1,246, 228
309, 030
274, 947
33, 549
407, 702
576,179
140,669
1,114,121
202, 082
454,119
486, 653
425,897
174,170
489, 411
157, 624
85, 554
70, 203
93, 363
263,113
181, 276
217,080
1,146, 385
1,037, 296
313,892
432, 440
490,169
1, 722, 715
975, 216
69, 329

Dividends
(percent)

Interest
dividends
. (percent)

Date finally
closed or
restored to
solvency

40
16. 6666
35
50
75. 8333
30
10
25
40
45
28
18
9 70
35
45
48
15
35
45
10
50
32.5
16. 6666
7
41. 6666
7.5
36
8 60
51
40
N o v . 19,1932

29,137
25, 598
107, 508
32, 663
19, 889
392, 994
48, 295
• 295,013
208, 567
2,489, 762
833, 830
66, 415
24, 213
10, 554
1, 609, 548
11, 333
24,319
101, 232
172, 229
6,897,102

17,062
6,951
14
1,023
843
7,936

11, 944
5,849
12, 360
9,423
7,283
21,116
10, 649
33,888
13, 503
169, 600
96,139
15, 832
11,148
7,304
111,076
12, 974
12, 547
13, 591
16,043
187,136

1,149
1,751
15, 285
4,616
3,090
14, 622
3,511
61, 744
8,686
47, 211
199, 866
1,816
2,025
34, 677
347,192
7,690
41, 348
8,483
5, 035
102,939

2,628
20, 286
405
4,397
20
48
69

9, 229
25, 295
17,315
11, 864
39, 668
15, 970
4,616
14,190

37, 743
7,548
49, 807
8,212
55, 015
2.380
2,830
4,411

805
1,745
56
7,658
5,195
2,494
32
3,529
51, 052
2,636

310, 089 35
111, 135
143, 334 32
144, 951 23
108, 940 27
367, 806 32.5
163, 732 60
1,846, 707 55
140, 395 27
3,480,182 65
2, 343, 656 31. 6666
112, 753 40
124, 830 25
232, 421 70
3, 749, 250 20
198,271 60
372, 449 81.6666
385,942 30
496,166 30
6, 728, 334 9 65
N o v . 19,1932

29, 440
175, 314
104, 355
56, 720
270,044
91, 643
22, 771
165, 976




447, 349
604, 244
435, 248
235, 376
1,190, 635
460, 312
63, 008
349, 661

60
28
55
27.5
57
7
45
7

1726
1727
1728
1739
1730
1731
1732
1733
1734
1735
1736
1737
1738
1739
1740
1741
1742
1743
1744
1746
1747
1748
1749
1750
1752
1753
1754
1755
1756
1757
1758
1759
1760
1761
1762
1763
1764
1765
1766
1767
1769
1770
1771
1772
1773
1774
1775
1776
1777
1778
1779
1780
1781
1782
1783
1784
1785
1786
1787
1788
1789

272

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

1790 First National Bank, Alliance, Nebr
1792 First National Bank, Somerfield, Pa
1793 Citizens National Bank, Sedalia, Mo
1794 First National Bank, Hoquiam, Wash
1795 First National Bank, St. Thomas, N.Dak
1796 First National Bank, Buena Vista, Colo
1797 First National Bank, Blytheville, Ark
1798 First National Bank, Belle Fourche, S.Dak
1799 First National Bank & Trust Co., Monessen, Pa.-_
1800 First National Bank, Logansport, Ind
1801 City National Bank & Trust Co., Corpus Cristi, Tex___.
1802 Farmers & Miners National Bank, Bentleyville, Pa. 2
1803 First National Bank, Sea Isle City, N.J
1804 Second National Bank, Morgantown, W.Va
1805 Phoenix National Bank, Columbia, Tenn
1806 First National Bank, Pharr, Tex
1807 First National Bank, Marceline, Mo
1808 First National Bank, Noble, 111
^
1809 American National Bank, Dayton, Tenn
1810 First National Bank of Custer City, Custer, S.Dak
1811 First National Bank, Steamboat Springs, Colo
1812 First National Bank, Frederic, Wis
1813 First National Bank, Tilden, Nebr1
1814 First National Bank, Laredo, Tex.
1815 Second National Bank, Brownsville, Pa. 1
1818 First National Bank, Houtzdale, Pa
1819 First National Bank, Corinth, Miss
1820 Second National Bank in Youngstown, Ohio x
1821 Norfolk National Bank, Norfolk, Nebr
1822 First National Bank, Brighton, Colo
_
1823 First National Bank & Trust Co., Woodbridge, N.J
1824 First National Bank, Zillah, Wash
1825 First National Bank, Stanford, Mont
1826 Twin Falls National Bank, Twin Falls, Idaho
1827 Hopewell National Bank, Hopewell, Pa
1828 First National Bank in Gulf port, Miss
1830 First National Bank, West Frankfort, 111
1831 First National Bank, Christopher, 111
1832 Ithaca National Bank, Ithaca, Mich
1833 Citizens National Bank & Trust Co., Terre Haute, Ind_
1834 First National Bank, Glen Campbell, Pa
1835 Peoples National Bank, Lodi, Ohio
1836 Citizens National Bank, Ellwood City, Pa
1837 First National Bank, Geneva, Ohio
1839 First National Bank, Washington, N.C
1840 First National Bank, Chaffee, Mo
1841 Nogales National Bank, Nogales, Ariz
1842 First National Bank in Aberdeen, Wash
_ _
1843 First National Bank, Twin Falls, Idaho
1844 West Point National Bank, West Point, Nebr
1845 First National Bank, Dougherty, Iowa
1846 First National Bank, Sweetwater, Tex
1847 First National Bank, Mullins, S.O..
1848 Federal National Bank, Boston, Mass
1849 First National Bank, Starkweather, N.Dak
1850 First National Bank, Momence, 111
.__
1851 First National Bank, Warsaw, N.C
1852 Painted Post National Bank, Painted Post, N.Y.*
1853 Gillespie National Bank, Gillespie, 111
1854 First National Bank, Mound City, 111
___
1855 First National Bank, El Paso, 111
Footnotes at end of table, pp. 318, 319.




Capital
stock at
date of
failure

Date receiver
appointed

Dollars
100,000 Nov. 3,1931
25,000 Nov. 5,1931
100,000 Nov. 6,1931
do
300,000
25,000
25,000
.do.
100,000
_do_
25,000
do
160,000
do
250,000 Nov. 11,1931
200,000
do
100,000
.do..
50,000
_do100,000
_do.
200, 000
do
50,000 Nov. 12,1931
25,000 Nov. 13,1931
25, 000 Nov. 14,1931
do
25,000
25,000 Nov. 17,1931
.do
25, 000
do.
25, 000
50, 000
250, 000 Nov.do30,1931
125, 000
do.
do
125, 000
do
100,000
do
200, 000
100, 000 Dec. 2,1931
do.
40, 000
_do_.
150, 000
_do_.
25, 000
_do_.
35, 000
.do.
150, 000
25, 000 Dec. 3,1931
do
400, 000
25, 000 Dec. 7,1931
do
60, 000
.do.
25, 000'
do—..._
200, 000
do
100, 000
50, 000 Dec. 8,1931
do
100, 000
50, 000 Dec. 9,1931
100, 000 Dec. 11,1931
do50, 000
do
50, 000
do
150, 000
100, 000 Dec. 12,1931
50, 000 Dec. 14,1931
do25, 000
do
100, 000
do
50, 000
2, 005, 585 Dec. 15,1931
25, 000 Dec. 17,1931
do50, 000
do
50, 000
25, 000
75, 000 Dec. 19,1931
25, 000
.do.
100,000 Dec. 21,1931

273

REPORT OF THE COMPTROLLER OP THE CURRENCY

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Progress of liquidation
to date of this report

B o o k value of assets at date of
failure

Estimated
good

Dollars
1,091,924
108,939
811, 649
643, 953
41, 688
82, 567
70, 718
235, 977
228,095
2,085, 361
559,702

Estimated
doubtful

Total
Additional
assessment
assets
upon
received
shareEstimated since date
holders
of
failure
worthless

Dollars
Dollars
1,458, 758
135,806
561
216,359
514,889
1,050, 309
207,370
1, 216,192
7,084
184, 272
6,780
34, 350
47, 613
193, 210
106,834
397,458
322, 035
2,260,057
81, 201
3, 071, 576
201,865
1, 202, 452

878

15,129
11, 364
52, 586

28,847
15,130
61,896

75, 000
25, 000
100,000

127,157
21, 528
295, 155
1, 226,190
566,182
528, 778
10, 296
123, 272
614, 447
306,115
214,189
92, 075
1, 366, 995
515, 890
92, 055
136, 751
56, 564
75, 929
52, 545
142, 645
171, 208
100, 658
703, 990 2,816, 580
968, 697
126, 400
102, 802
878,008
152,069
349, 341
1,087,192
350, 561
495, 058
52,158
408, 352
188, 207
457, 994
236, 422
713,811
173, 246
484,012
344, 926
157, 944
137,147
225, 290
274, 585
733, 339
956,828
494, 827
463, 506
654,176
169,143
181, 995
49,019
362, 523
406, 275
53, 042
142, 642
10, 672, 582 15,134, 351
62, 774
19, 544
82, 500
555,887
14, 760
75, 539

296,185
65, 426
272, 578
131, 617
87, 894
17,041
45, 497
19, 628
10, 661
228,821
103
482,146
46, 233
21,826
60, 033
114, 453
29, 749
15,033
112, 745

1, 359,075
146,899
215,080




17, 401
158,188
56,337
31,135
20,833
5,580
59, 709
10, 386
139, 416
7,307
58, 963
3,657
119, 788
73, 712
185,843
167, 454
. 270,224
29, 424
88,142
30, 292
14,688
35,021
15, 730
255, 575
40, 385
99, 937
46, 578
64, 337
15, 436
47, 267
42,125
42, 946
23, 479
17, 204
136,830
142, 596
54, 470
32,160
4,414
82,843
7,111
1,830, 419
4,624
54,481

4,244

17,881
341, 712
116,362
38,920
17, 767
19,733
36,077
11,835
35, 920
59, 942
88,421

103,838
21, 451
193,024

Dollars
100,000
25,000
100,000
300,000
25,000
15,000
100,000
25,000
160,000
250, 000
200,000
50, 000
100, 000
200,000
50, 000
25,000
25,000
25,000
25,000
25,000
25,000
50,000
250,000
125,000
125,000
100,000
200,000
100,000
40,000
150,000
25,000
35,000
150,000
25,000
400,000
25,000
60,000
25,000
200,000
100,000
50, 000
100,000
50, 000
100,000
50,000
50,000
150,000
100,000
50,000
25,000
100,000
50,000
2,005, 585
25,000
50,000
50, 000

231, 775
1, 251, 590
409, 614
155, 436
132, 249
157,972
389,139
73, 476
248, 539
275, 409
92, 491

169,170
1,152, 054
340,905
50,972
155,199
42, 226
259, 955
105, 592
215,806
13, 552
89, 429

Dollars
266,105
20,035
40, 334
160,156
14,819
15, 909
69, 816
15, 970
215,963
253, 496
109,895

84
96,060
44, 337
86,183
70, 743
240, 481
242,066
24, 237
59, 376
29, 635
2,823, 727
22, 739

148

Total assets
and stock
assessment

C a s h collections
from
assets

Cash collections
from
stock
assessment

Dollars
Dollars
Dollars
3,052,593 1,486,637
27,966
370,894
129,059
12, 278
2, 517,181
801, 218
37, 738
935, 286
2, 527, 671
43,889
272,863
55, 331
2,001
154,606
95, 719
7,449
481,357
100, 329
16, 890
781, 239
197,432
5,093
3,186,150
646, 796
44, 555
5, 741, 634 2,436, 230
115, 794
2, 273,914
858,657
46, 338
486,227
101, 558
3, 003, 544 1, 234, 777
1,123, 218
312, 662
326,463
78,949
351,048
84,977
250, 511
62,819
769, 880
171, 203
226, 289
78,492
664, 681
286,194
381, 210
87, 990
379, 304
101, 561
253 657
3,657
689, 658
18, 759
599, 091
1, 785, 483
328,096
1, 653, 381
632, 639
77,896
603, 574
1, 378,680
392, 729
112,879
2,166, 524
728,136
303, 726
76, 239
192, 842
61,213
84,868
609, 032
312, 699
192,040
4, 658, 291 1, 538, 259
1, 206, 715
693, 319
720, 732
1,162, 573
633, 021
239, 314
1,816, 543
418, 731
692, 401
144, 293
353, 454
708, 859
949, 286
158,087
980, 087
419, 396
275, 341
1,048, 477
406, 632
140, 696
239, 757
772, 888
2,053,506
979, 462
506,096
1, 353, 284
409, 346
1,147, 545
284, 665
57, 265
359, 332
1, 011, 017
282, 430
59, 609
32, 466, 664 7, 212, 345
134, 681
21, 999
233, 599
743, 016
145, 421
9,890

15,515
10, 059
4, 225
17,800
11,619
19, 358
106 500
29^ 247
59,766
50,935
83, 466
23, 668
9,687
87, 293
8,700
14, 500
14,896
17,026
255,192
12, 250
31, 560
13, 349
122, 791
23,044
41,030
31,820
31,057
39, 713
15, 340
1,360
64,860
42, 220
11,050
8,334
39,129
17, 647
306,112
10, 517
40, 793
2,610

353, 712
73, 326
296,898

37, 247
19, 200
68,453

1, 581, 889
219, 844
622, 586

21,
65,
74,
10,

556
041
337
278

1790
1792
1793
1794
1795
1796
1797
1798
1799
1800
1801
1802
1803
1804
1805
1806
1807
1808
1809
1810
1811
1812
1813
1814
1815
1818
1819
1820
1821
1822
1823
1824
1825
1826
1827
1828
1830
1831
1832
1833
1834
1835
1836
1837
1839
1840
1841
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853
1854
1855

274

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued
Total
collections
from all
sources,
Unpaid Offsets including
balance allowed offsets alR.F.C. and set- lowed
loan
tled
and unpaid balance
R.F.C.
loan
Dollars
1790
1792
1793
1794
1795
1796
1797
1798
1799
1800
1831
1802
1803
1804
1805
1806
1807
1808
1809
1810
1811
1812
1813
1814
1815
1818
1819
1820
1821
1822
1823
1824
1825
1826
1827
1828
1830
1831
1832
1833
1834
1835
1836
1837
1839
1840
1841
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853
1854
1855

7,200
5, 800
14, 400
78, 300
40, 300
7,100
27, 300
4,550
8,500
2,500
9,700
14, 500

7,600

7,400
69,600
10,000

40,400
3,600
68, 500
38,400
500

5,100
31, 200

8,200

2,000

Dollars
279,359
3,981
183,615
56,098
9,620
5,685
20, 206
24, 082
99, 832
257, 319
197, 447

Dollars
1, 793,962
152, 518
1,022, 571
1, 035, 273
72, 752
108, 853
137, 425
241,007
869, 483
2, 809, 343
1,142, 742

Conservators'
distributions
Loss on
Book
assets
value of
Book
comremainvalue
of
pounded remaining ing unor sold uncollected collected To se- To unsecured
under
stock as- cured
assets
credi- crediorder of
sessment
tors
tors
court

Dollars
53, 027
54, 515
125,984
184,035
6,542
10,856
9,593
1.750
125, 488
289,682
210, 002

166,636
36, 422
63, 398
230, 558 1, 557, 676
90, 554
447,407
60, 408
26,378
103, 356
9,579
7,305
116,804
23, 327
2,400
83, 511
2,677
16, 840
222, 037
31,075
3,280
103,635
6,418
1,544
359,474
55,480
8,105
105,178
5,569
70,846
130, 445
9,526
604
110,157
59,816
11,810
264, 638
71,128
737, 585
70,306
89,016
468,047
441
161,803
91,128
25, 567
718,370
21,832
28,204
151, 798
162, 571 1,047, 600
303, 200
11,168
15,141
106,107
1,282
2,797
76,995
20, 690
13, 230
120,454
3,287
48, 418
212,353
269, 294 2,103,145
253, 054
23, 592
181, 705
729,161
11, 379
91, 793
763,671
15,915
70,848
272,178
70,632
290,170
680, 654
40,144
79, 413
245, 881
22, 516
60,158
417,000
23, 203
3,723
213,110
55,117
139, 627
506, 070
27,815
342,869 " 42,939
28,610
184,646
57,274
1,685
298, 391
85,138 1,134, 560
190, 817
62,119
39, 964
610, 435
24,973
130,810
476, 569
12, 242
9,031
77,841
48, 775
48, 769
447,
236
14,671
6,881
100,127
1,828, 757
726 9, 347, 214 3, 285, 270
33,
242
14, 670
289,062
85, 398
621
14, 343
15,121
16,072
2,386
5,850

407, 031
94,912
371, 201

330,850
32, 793
219, 838

Footnotes at end of table, pp. 318, 319.




Disposition of proceeds of liquidation

Dollars Dollars
Dollars
Dollars
1,133,570
72,034
158,339
12, 722
1,306,364
62, 262
1,052, 252
256, 111
176, 370
22,999
27, 346
7,551
251, 229
83,110
532,975
19,907
2,154, 034
115,445
2, 508, 403
134, 206
807, 808
153,662
234, 849
1, 347, 655
523, 770
180, 630
215,344
143,175
539,322
114,835
289, 902
191,805
217, 613
534, 089
725, 626
1,065, 963
354,302
558, 411
189,814
822, 617
176,178
92, 550
340, 244
43, 954
2,197, 684
283, 099
278, 669
281, 944
837, 010
328, 551
222, 731
664, 273
315,947
602, 382
187,326
424,172
648, 089
645,105
532, 416
181,127
454,141
151, 269
18,134, 707
86,956
359,349
70, 567
806, 255
86, 339

.Dividends paid

by receivers

On se- On unsecured
cured
claims claims

Dollars

Dollars

8 641, 745
116, 889
634,681
73, 374
255,100
22, 313
2,126
74, 893
68, 384
71,170
22, 919
399, 587
46, 471
9 2,205,164
450,162
24,971

28,444
34,959
125, 663
39, 722
25,000
9,485
14, 941
20, 775
7,200
13, 381
30, 642
143, 500
95, 753
65, 234
49, 065
116, 534
76,332
30, 313
62, 707
16,300
20,500
135,104
7,974
144,808
12, 750
28,440
11,651
77, 209
76, 956
8,970
68,180
18,943
60,287
34,660
48, 640
85,140
57, 780
38,950
16, 666
60,871
32,353
1,699,473
14, 483
9,207
47, 390

3,428
122,433

37, 753
5,800
31, 547

48

4,358
6,497
13,100
4,301
17, 600
36, 891
24,015
81,146

8,603
14,156
7,490
261,170

26,028
76, 390
29, 784
24,448
65,151
8,437
12,916
3,450
27, 029
2,513
25,121
1,140

55,099
373,172
» 138,877
15, 416
47,971
34,114
37, 410
20,490
223, 377
18,002
76, 301
1,857
22
484,046
57,143
198
379,740
61,928
625,368
21, 506
16, 222
22,909
184,864
596, 544
238,066
104, 786
236, 262
384,618
70,877
267, 728
64, 660
345,694
46,820
94,428
73,143
167,806
190,804
85,977
21, 565
153,493
69, 620
4,307,431
7,856
124, 439
1,979

11

82,446
58, 737
308,, 279

275

REPORT OP THE COMPTROLLER OV THE CURRENCY

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Disposition of proceeds of liquidation—Continued

Secured
and preCash in
ferred liaReceiv- hands of
bilities paid Cash aders' salcompvanced in Conseraries,
except
troller
vators' legal and
protecthrough
and retion of expenses
other
dividends,
ceivers
assets
expenses
including
offsets
allowed

226, 363
22, 672
51,839

Dividends
(percent)

Dollars
Dollars
5,162
34, 221
6,198
10, 219
72,219
33, 679
12, 243
48,843
3,425
10,281
940
5,875
4,980
13,971
8,009
17,429
49, 820
16,201
178,062
72, 653
29,226
26,166

Dollars
1,282,438 9 50
201, 533 58
1, 690, 826 37.5
1,042,440 24.5
174, 569 14
91, 867 100
136,778 50
544,132 16. 6666
2, 206,102 20
4,356, 643 9 60
1,062,260 45

412
7

17,051
47, 624
21,164
13, 239
10, 524
8,034
16, 202
8,951
16,124
11,606
10, 903
1,571
5,083
24, 076
30, 752
4,272
31, 549
13, 294
41,190
11, 982
6,229
13, 403
8,883
60, 573
16, 874
13, 000
14,118
35, 677
16, 754
14, 897
15, 522
16, 810
23, 466
13, 958
17, 449
26, 023
38, 229
14, 835
7,577
21, 346
11, 000
314, 979
5,431
16,891
2,953

4,524
20,377
22,346
3,723
4,328
1,873
4,506
3,522
12,758
5,140
7,868
13,129
5,557
5,534
43, 702
7,007
62, 590
2,935
14, 502
5,391
6,196
14, 675
14,928
6,667
5,458
37,076
5,589
6,045
3,768
13, 461
14, 539
10, 294
9,556
11,986
19, 055
5,826
14, 786
16, 023
4,532
13, 289
3,453
821, 028
5,312
50, 511
1,563

257, 579 22.5
1, 653,936 30
347, 206 9 40
121,712 12.5
222,115 22
161,135 24
461, 095
9
98,137 24
369, 692 60
294, 419
7.5
169, 658 45
58.5
184, 566 20
968,101 50
1, 079, 017
7.5
203, 349 40
632, 508 60
206, 426 30
1, 389, 679 45
200, 725 15
51,992 31. 6666
253, 327 12
218, 051 85
2, 693, 626 30.5
528, 607 45
282, 556 37.5
497, 414 47.5
1,016,892 40
294,478 24
411, 505 65
562, 871
626, 426 55
583, 602 12
209,888 45
336, 209 27
671, 445 25
640,193 30
572, 641 15
175,910 12.5
438, 779 35
158,860 43 3333
21, 534, 738 20
68,171 15
454,072 33
31,741 10

8,481
843
234

14, 881
7,135
10, 849

74, 812
5,525

Dollars
Dollars
Dollars
1,107, 408
5,426
6
19, 206
279,350
2,642
645,696'
34,438
169
27,145
48,929
1,161
121, 480
305, 407
51,997
343,535
9,929
608,293
3,924
83, 206
967, 222
263, 202
68, 648
53, 216
33, 091
156, 492
57,529
100,665
64, 894
35, 332
76, 000
11,810
222, 838!
303, 732
61, 680
244, 338
72, 871
366, 379
57, 821
33, 573
58, 832
3,287
1,164, 646
467, 489
606, 690
16,135
219,147
152, 214
117, 917
41, 993
132, 674
232, 881
60, 854
163, 238
854, 264
353, 857
345,809
37, 648
224, 981
15, 956
3, 713, 244
12,130
71, 688
7,479

Amount
of claims
proved

3,328
26,848
1,818
2,330
765
2,041
930
43
6,550
1,235
41
453
1,091
8,703
7,500
153
770
161
804
619
3,145
391
13, 545
1,274
2,119
74
9,139
2,268
2,997
6
598
362
3,420
1,058
15, 490
4,322
1,009
3,069
7,098
98
190, 532




Interest
dividends
(percent)

Date finally
closed or
restored to
solvency

5.771

F e b . 20,1933

760,894
117, 476
308, 225

11
50
3.57

Mar

16 1933

Aug.

1,1933

1790
1792
1793
1794
1795
1796
1797
1798
1799
1800
1801
1802
1803
1804
1805
1806
1807
1808
1809
1810
1811
1812
1813
1814
1815
1818
1819
1820
1821
1822
1823
1824
1825
1826
1827
1828
1830
1831
1832
1833
1834
1835
1836
1837
1839
1840
1841
1842
1843
1844
1845
1846
1847
1848
1849
1850
1851
1852
1853
1854
1855

276

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

Commercial National Bank, Raleigh, N.C
First National Bank, Victorville, Calif.
First National Bank, Chardon, Ohio*
Macksburg National Bank, Macksburg, Iowa*
_
Citizens National Bank, Wisconsin Rapids, Wis.*
Boston-Continental National Bank, Boston, Mass
First National Bank, Louisburg, N.C
First National Bank, Brushton, N.Y
First National Bank, Venice, Calif
First National Bank, Idaho Springs, Colo
State National Bank in Lynn, Mass
First National Bank, Kingston, Tenn
First National Bank, Burlington, N.C
Marion National Bank, Marion, Ohio
First National Bank, Kelso, Wash
American National Bank & Trust Co., Benton Harbor, Mich.
First National Bank, Fredericktown, Ohio
First National Bank, White House Station, N.J
First National Bank, Middleport, N.Y
First National Bank, Gasport, N.Y
National Bank of Seymour, Seymour, Iowa
Farmers & Merchants National Bank, Roseville, 111.1
Itasca National Bank, Itasca, Tex
First National Bank, Cambridge, 111.1
Creighton National Bank, Creighton, Nebr
First National Bank, Lost Nation, Iowa
Farmers & Merchants National Bank, Enterprise, Ala
First National Bank, Farmer, S.Dak
Walnut Park National Bank, Walnut Park, Calif
National Bank of La Grange, La Grange, N.C
National Bank of Snow Hill, Snow Hill, N.C
First National Bank in Florence, S.C
Peoples National Bank, Burgettstown, Pa
Vandeventer National Bank, St. Louis, Mo
Bishopville National Bank, Bishopville, S.C
First National Bank, Yorba Linda, Calif
First National Bank, Ozark, Ark
Hammond National Bank & Trust Co., Hammond, Ind
First National Bank in Decatur, Ala
First National Bank in Hazard, Ky
Farmers National Bank, Granville, N.Y
First National Bank, Osnabrock, N.Dak
National Bank of Sabetha, Sabetha, Kans
First National Bank, Durham, N.C 2
Home National Bank, Union City, Pa.
Citizens National Bank, Harlan, Ky.2
Home National Bank, Elgin, 111..
Oskaloosa National Bank, Oskaloosa, Iowa
Citizens National Bank, Long Branch, N.J
Valparaiso National Bank, Valparaiso, Ind
First National Bank in Mount Olive, 111
Bozeman Waters First National Bank, Poseyville, Ind_
Corinth National Bank, Corinth, N.Y
Citizens National Bank, Albion, N.Y
First National Bank, Harlem, Mont
National Bank of Adrian, Adrian, Mo
First National Bank, Woodward, Okla
Germantown National Bank, Germantown, N.Y
First National Bank, Iowa City, Iowa
First National Bank, Culver City, Calif
National Bank of Rensselaer, Rensselaer, N.Y
Footnotes at end of table, pp. 318, 319.

1856
1857
1858
1859
1860
1861
1862
1863
1864
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
1896
1897
1898
1899
1900
1901
1902
1903
1905
1906
1907
1908
1909
1910
1911
1912
1913
1915
1916
1917
1918
1919
1921
1922




Capital
stock at
date of
failure

Date receiver
appointed

Dollars
600,000 Dec. 21,1931
do
25,000
100,000 Dec. 22,1931
do
25,000
do
100,000
do
1,000, 000
do
50,000
25,000 Dec. 23,1931
do
50,000
do
50,000
do
200, 000
25, 000 Dec. 24,1931
100,000
do200, 000
do
100,000 Dec. 29,1931
200,000
do
25,000 Dec. 30,1931
30,000 .—-do__
25, 000
do
25,000
do
25,000
do
50, 000 Dec. 31,1931
60, 000 Jan. 2,1932
50, 000 Jan. 8,1932
25, 000 Jan. 9,1932
40, 000 Jan. 11,1932
150, 000
do
25,000
do
100, 000
do
25, 000
do
50,000
do
100, 000
do
50,000
do
250, 000
do
75,000 Jan. 12,1932
25, 000
do
25, 000 Jan. 13,1932
400, 000 Jan. 18,1932
200, 000
do
100, 000
do
100, 000
do
25, 000
do
do
60, 000
600, 000
do
50, 000 Jan. 19,1932
100, 000
do
150, 000 Jan. 20,1932
100, 000
do
150, 000
do
150, 000
do
50, 000
do
do
50, 000
35, 000
do
200, 000 Jan. 21,1932
25, 000
do
25, 000
do
50, 000
do
50, 000 Jan. 22,1932
100, 000
do
_.
100,000 Jan. 23,1932
do
100, 000

REPORT OP THE COMPTROLLER OF THE CURRENCY

277

1933y dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Book value of assets at date of

Progress of l i q u i d a t i o n

failure

to date of this report

Total
Additional
assessment
assets
upon
received
sharedate
Estimated Estimated Estimated since
holders
of
failure
worthless
doubtful
good

Dollars

Dollars

Dollars
521,723
2,551

Dollars

3,281

29,109

14,271

1, 734,023
126, 508
471, 644
78,138
27,198
887,911
37, 527
1, 207,051
768, 829
227,974
595, 340
106,031
111, 526
185,757
95, 973
60,103
26,893
50,417
52,441
36, 933
44, 337
178,742
19,966
606,851
6, 584
50, 662
353,181
88,008
450,043
68, 036
115, 010
31, 210
756,124
329,126
225,490
775,151
26, 293
234,136
4, 771,579

4,576, 378
136,899
336, 083
178, 410
206, 330
1,242, 366
46,176
988, 217
667,441
287, 673
1,607,140
120, 728
493, 298
337,012
125,465
119, 590
82,149
153, 718
200,181
122, 307
132,338
489, 562
62, 231
572, 855
66,992
108,779
746,469
107,199
1,166,479
279, 602
33, 875
92, 507
2,663, 658
874, 771
459, 386
810, 722
81, 202
409, 711
1,498,840

1,492,727
21,347
37,719
44,536
631
315, 543
27,021
15,941
64,084
60,906
209,227
482
48,793
35,483
42, 200
12,081
20,479
50,481
21,249
13,485
8,924
278, 330
7,618
154,183
10, 603
15, 291
13,037
9,797
236, 791
14,438
46, 846
13,906
134,028
70,719
118,183
11, 363
57, 652
650,582

444,941
13,260
738
338
460
271, 592
112, 696
19,974
26,992
22, 862
78,938
15,938
35,978
282,414
82,748
164,182
8,759
71,027
24,093
19,492
7,463
6,899
3,829
76,414
29,349
32,919
19,258
13,307
68, 411
45,009
2,634
36, 740
10,026
97,024
89,167
13,826
3,535
230, 651
48, 995
13, 323
130, 203
6,935
40,978
152,385

611, 515
282, 334
491, 792
260, 225
44, 547
191, 589
594, 629
1, 503,089
73, 347
18,137
240, 590
197,878
800, 631
207,251
680, 640

1,047, 685
1, 382, 787
1, 402, 864
618,457
504, 590
381, 282
1,081, 443
2, 605, 254
106, 545
59, 782
239, 561
275, 359
300, 761
717,495

356, 370
37, 566
238,906
v 19,565
3,163
7,173
3,353
194,070
74,369
19, 364
19, 517
36,088
90,266
53,028
56, 558

134, 649
67, 375
57,151
88, 330
75,130
10,127
122, 766
268,834
75,343
13, 588
14, 373
40, 599
422, 288
57, 210
56,528

1,907, 582
95,453

3,044,906
244,411

436,017




Dollars

Total assets
and stock
assessment

Dollars

Cash collections
from
assets

lections
from
stock
assessment

Dollars

Dollars

600,000
25,000
50,000
25,000
100,000
1,000,000
50,000
25,000
50,000
50,000
200,000
25, 000
100,000
200,000
100,000
200,000
25, 000
30,000
25,000
25,000
25,000
50,000
60,000
50,000
25,000
40,000
150,000
25,000
100,000
25,000
50' 000
100,000
50,000
250,000
75,000
25,000
25, 000
400,000
200, 000
100, 000
100,000
25,000
60,000

6,519,152
380, 675
50 738
71,999
100,460
9,074, 720
447, 450
890,420
378,076
307,021
2,724, 758
151,662
2,347,187
1,982,768
759, 301
2,775,889
261,000
754,644
607,345
308,130
224,237
186,420
318,445
400, 285
227,074
258,518
1,115, 892
128,122
1,502,300
154,188
227* 366
1,249,427
265,030
2, 200, 337
526, 243
234, 557
166,158
4,050,433
1, 586, 920
868, 918
1,934, 259
150, 793
802, 477
7,073,386

2, 631,122
135,868
738
4,900
460
2,818,160
131, 345
534, 252
114,118
90,706
1,068, 428
38, 224
1, 595,887
696,318
232, 504
1, 076,245
106,073
517,197
358, 653
155,933
98,567
64,338
53,916
51,438
89, 621
82,012
136,876
17,156
644,000
7,580
34, 572
566, 752
113,422
947,361
154,041
93, 880
60,131
1,042, 576
456, 292
264,483
678, 360
22,922
253,400
5, 721, 271

280,809
10, 599
32,100
10,900
75, 579
154, 835
13,130
20,399
7,202
13,362
9,599
14, 583
72,036
149, 573
29,766
143,855
17,675
26,900
22,425
11, 034
15, 881
29, 780
16, 000
20,200
601
9,112
3,492
1,818
34,152

150,000
100, 000
150, 000
150,000
50, 000
50, 000
35,000
200, 000
25, 000
25,000
50, 000
50,000
100,000
100,000
100,000

2, 300, 219
1,870, 062
2, 340, 713
1,136, 577
677, 430
640,171
1,837,191
4, 771, 247
354, 604
135,871
564, 041
599, 924
1, 713, 946
1,134, 984
1, 329, 743

1,132, 611
783, 030
726, 592
398,828
171, 546
169, 946
1,191,104
2, 709,058
102, 330
31, 640
122, 706
220, 284
737, 094
473, 257
733, 201

116, 296
38, 851
70, 605
85, 732
28,851
26, 488
34, 200
150, 310
10, 510
3, 355
1,000
43,912
64, 940
19, 026
73,975

50,092
22,236
122, 364
21,913
12, 709
6,530
99,156
66,191
66,728
76,156
4,076
21,850

1856
1857
1858
1859
1860
1861
1862
1863
1864
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
1896
1897
1898
1899
1900
1901
1902
1903
1905
1906
1907
1908
1909
1910
1911
1912
1913
1915
1916
1917
1918
1919
1921
1922

278

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended Oct. SI,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued
Total
collections
from all
sources,
Unpaid Offsets including
balance allowed offsets alR.F.C. and set- lowed
loan
tled
and unpaid balance
R.F.C.
loan

1856
1857
1858
1859
1860
1861
1862
1863
1864
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
1896
1897
1898
1899
1900
1901
1902
1903
1905
1906
1907
1908
1909
1910
1911
1912
1913
1915
1916
1917
1918
1919
1921
1922

Conservators'
distributions
Loss on
Book
assets
value of
Book
comremainvalue
of
pounded remaining ing unor sold uncollected collected To se- To ununder
stock as- cured secured
assets
order of
credisessment credicourt
tors
tors

Dollars
Dollars
Dollars
Dollars
11,400 394, 569 3,317,900
307,583
155,472
54,498
9,005
32,838
15,800
76,039
938, 311
686,365 3, 659, 360
204,796
11,500
6,899
48,821
595,903
69,816
41, 252
135,149
39,796
13,829
113,354
33, 522
9,286
120,985
167,700 136,107 1,381,834
58,226
526
5,419
271, 896
379,404 2,047, 327
23,651
98,784 1,029,375
84,700
283,101
51,313
20,831
184,891
117, 568 1,337, 668
131, 653
938
7,905
602,404
77,855
58,307
406,609
102,649
25, 531
177,074
34,829
7,607
2,500
122,140
2,920
7,692
94,118
72,082
81,020
11,104
71, 638
9,450
99, 536
5,530
9,314
101, 360
8,143
10,236
147,367
5,661
6,999
25,253
4,400
1,879
796,469
5,900 112,417
136,104
9,368
1,788
4,257
41,536
1,000
5,964
12,471
746,804
129,960
107,201
144, 245
8,587
4,737
172,242 1,241, 967
290,171
194, 432
15,
278
3,200
26,121
114,952
8,363
15, 592
74,933
5,272
3,000
9,928
304, 720 1,446, 452
194,306
558, 655
36,172
6,066
389,589
52, 278
40,553
6,100
831,203
76, 687
95,519
35,887
2,389
6,500
349,395
36,145
8,092
38,000
280, 111 6,001, 382 1,072, 004

7,600
4,800

11,300
22,900

149, 252 1,398,159
876,131
54, 250
944, 536
147, 339
521, 094
36, 534
205, 566
5,169
239, 622
35, 588
58, 731 1, 284,035
190, 698 3,050, 066
121,962
4,322
36, 252
1,257
146,004
22, 298
297,852
33,656
884, 262
70,928
564,117
71,834
952,112
122,036

89,760
258,185
115,385
30, 340
63, 436
9,844
344,938
429,071
26, 325
3,500
959
34,713
51,428
61,154
111,526

Footnotes at end of table, pp. 318, 319.




Disposition of proceeds of liquidation

Dollars

Dollars

193,425
289,397
97,609
118,127
816,356
84, 087
509,779
115, 563
124,359
345,514
88,284
540, 563
255,803
91, 722
65,827
2,108, 831
888, 390
411,604
983, 693
100, 482
444,840

319,191
14,401
17,900
14,100
24,421
845,165
36, 870
4,601
42, 798
36,638
190,401
10,417
27,964
50,427
70, 234
56,145
7,325
3,100
2,575
13,966
9,119
20, 220
44,000
29,800
24,399
30, 888
146, 508
23,182
65, 848
25,000
50,000
49,908
27,764
127,636
53,087
12, 291
18,470
300,844
133,809
33, 272
23,844
20,924
38,150

778, 596
674, 597
1, 201, 397
520,875
387, 279
374, 793
207, 418
1, 242, 420
196, 627
74, 474
368, 078
261, 271
754, 496
428, 739
262,980

33,704
61,149
79, 395
64, 268
21,149
23,512
800
49,690
14,490
21, 645
49,000
6,088
35,060
80,974
26, 025

2,585,878
156,304
42,099
3,631,884
210, 385
220,100
160, 333
123, 507
1,199, 238
82,493
964,015
354, 653
1,197,185
121,084
71,285
95, 512
84, 761
90,058

Dollars

Dollars

Dividends paid
by receivers

On se- On unsecured
cured
claims claims

Dollars
165,024
14,329

Dollars
364, 698
23, 840

. 8,976
219,012
29, 240
7,164

35,168
14,071
785
24, 750
10, 327
14,054
7,598
5,997
1,783
8,702

70,835
867,030
83, 753
440,909
52,106
25,096
958,151
25,047
21,537,173
449,875
95,190
532,735
51,603
442, 689
180, 639
67,112
48,889
21,034
12,141
15,926
3,378
247,235

6,737
50,997
3,114

5,428
135,877
86,126
591,020
6,034
35,479
44,016
3,538
12,489
183,321
136, 543
100,861
79, 353
246,498
266, 787
94, 979
25, 739
159, 382
81,862, 230
531, 241
546,186
125,741
28,484
215, 255
64,860
19,410
100, 210
1,072,166
U,753,679
6,509
4,057
1,422

3,928
17,238
1,640

6,582
32, 597
433,070
157, 395
567,988

KEPORT OF THE COMPTROLLER OF THE CURRENCY

279

1988, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 81, 1983.—Continued
Disposition of proceeds of liquidation—Continued

Secured
and preferred lia- Cash adEeceiv- Cash in
bilities paid vanced in Conser- ers' sal- hands of
compexcept
aries,
protecvators'
troller
through
tion of expenses legal and and
redividends,
other
assets
including
expenses ceivers
offsets
allowed

Dollars
Dollars Dollars
2,715, 034
7,831
89,960
3,701
4,691
2,500
1, 662, 345
72, 804
78,182
44, 503
61,488
263, 523
23,143
498, 997
481, 353
135,070
606, 780
51,946
106, 413
190, 864
98, 842
43,266
63, 350
29, 562
48,460
68,489
65, 335
103, 503
15, 264
492,975
4,579
21, 644
489, 754
39, 355
510, 254
129,093
53,424
52,937
941, 894
306, 943
77, 632
380,294
2,464
168, 722
4,069, 752

1,190
2,775
2,571
961
65,494
67
1
1,517
8,514
3,623
74
73
83
444
8,615
49
94
119
1,227
1,257
109
7,492
21
5,805
7
7,225
7,193
66
486
6,996
34, 675
4,927
95
444
3

Dollars
Dollars
14,027
51, 286
13,397
10, 245
31,894
944
1,496
637
2,704
796, 542
113, 241
2,599
13, 625
55, 865
20, 947
23, 700
12, 269
8,890
9,755
50, 310
44, 356
5,334
4,635
11,156
9,918
51, 544
18, 853
25, 474
164, 235
30, 295
3,132
10, 827
39, 777
13,452
18,022
16, 216
2,305
8,371
10, 701
10, 669
3,380
2,638
8,265
11, 783
6,183
2,847
2,337
8,852
6,473
6,402
24, 969
17, 638
371
4,348
8,948
31,117
464
43,04
1,173
6,554
41, 677
22, 694
5,338
10, 305
100, 380
33,088
5,006
11, 627
5,668
8,240
1,442
7,579
113, 238
64, 460
50, 975
20, 523
10, 274
20, 510
51,720
32, 496
2,039
5,550
2,893
17, 954
21,039
48, 358

Amount
of claims
proved

Dividends
(percent)

Dollars
1,921,003 20
200,891 19
50, 223
19,099 47
100, 000 70. 835
5,428, 851 20
172, 553 70
735, 057 60
208, 545 25
130, 082 22.5
1,916,187 50
62, 462 40
1, 530, 372 12100
797, 363 56
307,000 31
1, 519, 759 35
137, 957 42
560, 758 79.1666
334, 654 54
134, 222 50
122, 230 40
99,000 25
105, 295 20
177, 348
7.5
70,022 18
79, 640 20
262,194
52,107
729, 963 10
29,986 34.5
97, 512
501, 496 12.5
116, 766 34
1,001, 769 75
163,016 68
104, 729 25
49, 955 42
1, 828,126 25
918, 451 17.5
547, 774 20
1,075,171 45
92, 031 25
430, 761 28
261, 422 37
8 100

Interest
dividends
(percent)

Date finally
closed or
restored to
solvency-

M a r . 21,1933

Mar.

1,1933

N o v . 30,1932
Dec. 19,1932
780,491
236,064
588, 482
202,386
56,810
120, 724
94,065
1,029,474
87,389
24, 308
107, 470
196, 659
401, 422
355, 520
330, 538

1,961
44, 218
1,107
1,847
4,378
805
2
4,241
365
61
436
2,286
892
17,937
26,516

31460°—34

19




41, 446
32,468
38,834
24, 548
12,171
13, 023
32, 385
38, 324
10, 722
5,571
10, 293
17, 282
33, 551
22, 452
25,065

43,020
15, 773
190, 372
48, 574
47,937
4,860
85,417
224, 348
12,920
6,312
17,295
31, 790
15, 327
9,173
2,005

758, 673 70
1, 310, 932 41. 6666
1, 232, 252 10
462, 756 47
411, 074 20.5
401, 748 25
1, 462,073 73.3333
2,923, 870 8 60
5
211, 323
59, 504
365, 634
6
249, 735 13
745, 525 70
457, 471 35
709, 203 80

1856
1857
1858
1859
1860
1861
1862
1863
1864
1866
1867
1868
186Q
1870
1871
1872
1873
1874
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1896
1897
1898
1899
1900
1901
1902
1903
1905
1906
1907
1908
1909
1910
1911
1912
1913
1915
1916
1917
1918
1919
1921
1922

280

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

Griggsville National Bank, Griggsville, 111
First National Bank, Arcadia, Fla
Nephi National Bank, Nephi, Utah
Elkin National Bank, Elkin, N.C
Ocean Grove National Bank, Ocean Grove, N J
Farmers National Bank, Pekin, 111--.
National Bank of Whitehall, Whitehall, N.Y
Anamosa National Bank, Anamosa, Iowa
First National Bank, Gary, Ind
Third National Bank, Pittsburgh, Pa.i
First National Bank, Hiawatha, Kans
Trigg National Bank, Glasgow, Ky
Bell National Bank, Pineville, Ky
First National Bank, Columbus, Mont
First National Bank, Murfreesboro, Tenn
First National Bank, Harvey, 111
__..
Cumberland National Bank, Fayetteville, N.C
Peoples National Bank, Clinton, Mo
Hopedale National Bank, Hopedale, 111
First National Bank, Palatine, 111-..
Washington National Bank in the City of Tacoma, Tacoma, Wash...
Middlesex National Bank, Lowell, Mass._
First National Bank, Milton, Oreg
Coast National Bank, Seaside Heights, N.J
Point Pleasant Beach National Bank & Trust Co., Point Pleasant
Beach, N.J
_
1950 Olympia National Bank, Olympia, Wash.
._.
1951 First Willapa Harbor National Bank, Raymond, Wash
1954 Pikesville National Bank, Pikesville, Md—
1955 South Gate National Bank, South Gate, Calif
1956 Peoples National Bank, Wellsville, Ohio
1957 First National Bank, Monte Vista, Colo
1958 First National Bank, Boswell, Pa
1959 First National Bank, Monterey Park, Calif
-I960 First National Bank, Victoria, Va
1961 Joliet National Bank, Joliet, 111
1962 Commercial National Bank, High Point, N.C
1963 National Bank of America at Gary, Ind
1964 First National Bank, Shelbyville, Ind1
1966 First National Bank, Brockway, Pa. 1
1967 First National Bank in Brockway, Pa.
1968 Rockford National Bank, Rockford, 111..
1969 First National Bank, Mendota, 111
1970 Mendota National Bank, Mendota, I1L__
1971 Sedalia National Bank, Sedalia, Mo
1972 National Bank of De Pere, De Pere.Wis
1973 Wayne National Bank, Goldsboro, N.C
1974 First National Bank, Pittsburg, Kans
1975 First National Bank, Cherokee, Kans
1976 First National Bank, Newport Beach, Calif
1977 Seaside National Bank, Long Beach, Calif
1978 First National Bank, Craig, Colo
1979 Craig National Bank, Craig, Colo—
1980 Pioneer National Bank, Waterloo, Iowa
1981 Burnet National Bank, Burnet, Tex
1982 John Weedman National Bank, Farmer City, 111
1983 First National Bank, Leroy, 111
1984 First National Bank, Foosland, 111
1985 Citizens National Bank, Great Bend, Kans
1986 First National Bank, Sedro-Woolley, Wash
_
1987 First National Bank, Renovo, Pa
Footnotes at end of table, pp. 318, 319.
1923
1924
1925
1926
1927
1928
1929
1930
1931
1933
1934
1935
1936
1937
1938
1939
1940
1942
1943
1944
1945
1946
1947
1948
1949




Capital
stock at
date of
failure

Dollars
50,000
100, 000
50, 000
50, 000
100, 000
100, 000
100,000
100, 000
250, 000
500, 000
55,000
75, 000
100, 000
25,000
200, 000
100, 000
150, 000
50,000
50, 000
50, 000
200, 000
200, 000
50, 000
25, 000

Date receiver
appointed

Jan. 26,1932
do
do
do.
_do
do.
.do.
Jan, 27,19*32
do
Jan. 28,1932
do
do
do
Jan. 29,1932
Feb. 1,1932
do.
— _..do
Feb. 2,1932

—do
—_do
.—do
Feb. 3,1932
do
....do
100,000
do
do
125, 000
do
100, 000
40, 000 Feb. 6,, 1932
do
50,000
do
100,000
50,000 Feb. 8, 1932
30,000 Feb. 9, 1932
do
25,000
do
25, 000
700, 000 Feb. 10, 1932
do
1,000, 000
do
150, 000
do
100, 000
35, 000 Feb. 11, 1932
do
65, 000
750, 000
100,000
100, 000
100, 000
100,000
325, 000
100, 000
25,000
25,000
300,000
25, 000
25, 000
200,000
30, 000
75, 000
50, 000
25, 000
50,000
25,000
50,000

Feb. 12,
do
do
Feb. 15,
Feb. 16,
Feb. 17,
do

1932
1932
1932
1932

—do

do
Feb. 18, 1932
do
do
.do
Feb. 19, 1932
do
do
Feb. 20, 1932
Feb. 23, 1932
Feb. 26, 1932

281

REPORT OF THE COMPTROLLER OF THE CURRENCY

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
B o o k value of assets at date of
failure

Progress of liquidation
to date of this report

Total
Additional
assets
assessment Total assets
received
upon
and stock
date
shareassessment
Estimated Estimated Estimated since
of
failure
holders
good
doubtful worthless

Dollars
Dollars
Dollars
56,496
247, 328
19, 588
106,107
595,044
27, 356
27,177
129,221
37, 531
171, 919
264, 225
177,405
502,824 1, 367,096
167, 480
506, 461
743, 929
3,779
464, 539
862,166
74,678
240,169
491,851
7,559
1, 991,128 1,851, 321
218, 053
90, 784
502,113
379, 378
66, 688
796, 847
479, 533
678, 957
126,142
54, 513
24, 268
356,124
1,021, 876
230, 691
37, 419
76,000

297, 686
300, 994
193,131
102, 252
527,129
655,030
903, 922
159, 845
99, 796
163, 947
994, 652
3,811, 758
265,435
188, 221
416,008

71,850
38,112
11,135
26, 621
372, 277
56, 433
38, 616
58,605
28, 388
32,141
52, 700
364, 971
89, 584
95, 265
91,972

1, 236, 540
805,903
295, 768
806, 348
499, 881
529, 380
194,943
358, 734
99,984
735,941
62, 234
144,172
145, 731
663,189
88,042
386, 058
102,948
242,822
1, 229, 847 4, 346, 476
1, 455, 571 6,817,970
479,143
735,156
331,927
375, 576

112, 617
49, 221
38,052
5,774
49,187
64, 270
13,318
34,373
3,212
17, 229
50,443
118, 611
28,712

22,472
2, 379, 291
84, 823
166,108
107, 301
180,607
362, 298
265,392
60,160
147,430
1,001,329
33,132
47, 676
279,450
50,040
208,339
111,090
44,032
193,901
74, 756
169, 217

107, 990
207,178
268,810
25,345
308,474 i
153,945
28, 290
7,100
3,252
10,952
9,385
99,467
7,290
16,888
72, 745
41,012
1,956
8, 433
58, 779
298, 709

677,949
4, 284,188
381, 618
475, 892
565,993
323,950
1,984, 448
1,377, 799
130,316
96,101
458,317
192,814
109, 214
2,736, 632
28,986
196,095
135,116
110, 209
242,963
242,355
563, 573




Dollars
Dollars
50,000
9,082
100,000
224, 707
50,000
24,840
50,000
16,841
100,000
74,028
100,000
188,842
100,000
57,987
100,000
51,308
250,000
574, 310
500,000
565
55, 000
47,417
75,000
57, 309
100, 000
51, 349
25,000
54, 579
200,000
80, 680
100,000
67,117
150,000
31, 443
50,000
25, 828
50,000
48, 243
50,000
3,712
200,000
121, 592
200,000
227, 240
50,000
75,888
25,000
17, 672
100,000
50, 297
59, 324
60, 289
89, 677
48, 567
15,787
39, 338
68,148
31, 526
6,102
351, 554
194,100
93, 036
113, 686
285
49,170
372,109
84,424
161, 381
25, 385
52,112
132, 343
215,088
17, 232
18, 017
86,922
63,438
167,359
260, 546
45,167
130,908
112, 620
7,782
18, 550
113, 253
34, 207

125, 000
100,000
40,000
50,000
100,000
50,000
30,000
25,000
25,000
700,000
1,000,000
150,000
100,000
35,000
65,000
750,000
100,000
100,000
100, 000
100,000
325,000
100,000
25,000
25,000
300,000
25,000
25,000
200,000
30,000
75,000
50,000
25,000
50,000
25,000
50,000

Cash collections
from
assets

Cash collections
from
stock
assessment

Dollars
Dollars
Dollars
382,494
131,611
39,108
1,053, 214
201,196
7,703
268, 769
35, 618
16, 356
680, 390
191, 504
21, 756
2, 211, 428 613, 013
77, 754
1, 543,011
617, 272
82, 310
1, 559, 370 891, 225
80, 726
890,887
321,854
33,033
4,884,812 2, 228, 773
89, 655
500, 565
565
140, 408
174, 276
562, 737
25, 736
973, 528
310, 637
25, 272
734, 993
148,112
45,838
275,140
88, 991
6,566
1, 976,933
535, 939
91,093
1, 358,113
426,049
54, 435
1,802, 938
518,134
40,106
420,420
193, 272
14, 225
280, 940
41, 763
25, 540
274, 068
53,909
20,807
1, 725,068
852, 303
22, 334
5,625,845 1, 917, 791
22,166
711, 598
148, 900
36,806
363, 577
72,878
10, 285
734,277
128,802
52, 043
2,339, 384
1, 311, 626
1,196,990
658,018
1,000,899
360,014
920, 386
564,999
380,084
6, 645,106
9, 518,084
1, 575,946
949,901
35, 285
814, 591
7,893, 578
858, 043
1,172,191
824,024
965,143
2,958, 034
1,986, 569
239,808
289,800
1,857, 520
323, 769
448,716
3, 483,918
171,081
683,087
449,838
188,979
513,847
514,143
1,115, 706

1,123, 937
702, 058
423, 251
287,008
261, 787
89,957
164, 803
249, 018
98, 545
1,321,060
1, 641,985
499,835
260,891
270
140, 895
2, 068, 023
227, 045
436, 591
314, 366
243, 597
1, 011, 307
882, 901
90, 507
110,123
711, 659
154,819
100, 295
940,746
42,991
212,467
116, 218
73,304
255, 587
155,105
206,868

49, 350
25,177
35,475
14, 230
35,109
15, 576
13, 400
15, 406
110, 834
404, 688
20, 593
51,923
28,986
46,002
339, 428
71,171
59, 201
76,061
82, 016
220,972
39, 499
3,216
5,454
140,419
7,891
5,390
28,314
4,765
39,043
14, 206
9,582
42, 295
2,640
43,049

1923
1924
1925
1926
1927
1928
1929
1930
1931
1933
1934
1935
1936
1937
1938
1939
1940
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987

282

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31i
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued
Total
collections
from all
sources,
Unpaid Offsets including
balance allowed offsets alR.F.C. and set- lowed
loan
tled
and unpaid balance
R.F.C.
loan

Conservators'
distributions
Loss on
Book
assets
value of
Book
comremainvalue
of
pounded remaining ing unor sold uncollected collected To se- To unsecured
under
stock as- cured
assets
credi- crediorder of
sessment
tors
tors
court

Dollars
Dollars
201,336
14, 717
8,820
253, 623
38, 724
18, 355
77,415
5,941
240, 003
26, 743
20, 646
945, 770
70, 594
52, 200 202,803
757,689
58,107
138, 745
68,009 1, 048, 260
202,171
8,300
394,914
40,027
39, 888
304, 350 2, 622, 778
113,975
140, 973
7,666 14,494 221, 506
29, 705
45,935
423, 344
45, 702
41, 500
32,184
248, 334
5,653
22,200
4,728
100, 285
15, 334
73, 496
701, 528
59, 244
1,000
46, 538
548, 222
90, 014
21, 200
724, 531
5,707
16, 600 149, 691
18, 250
225, 747
2,680
34, 401
101, 704
4,511
4,167
78, 883
12, 029
50, 223
932, 360
267, 357
7,500
44,000 140, 478 2,124, 435 1, 014, 486
33, 235
247, 841
28,900
29, 521
112, 684
48,170
13,151
193,996
37, 831
191, 803 1, 365, 090
60, 961
32,084
5,300
222,075
764, 619
49, 635
143, 987
16, 800
525,161
29,480
76,137
26, 800
357, 518
18, 836
56, 774
315,73?
1,890
8,299
91, 847
34, 252
21, 38?
31,900
246, 531
30,183
74,0,36
292, 601
15, 579
129, 530
311,633 1, 743, 527
145,676
330,
081 2, 738, 654
55,073
361,900
57, 786
662, 896
8,400 134, 068
30,029
3,075
393, 843
51,000
29, 256
186,897
563,454 2,970,905
241, 205
313, 314
15, 098
76, 095
544, 073
48, 281
27,423
416, 354
25, 927
108,429
362,059
36,446
74, 829
149,673
18,400 147,898 1,398,577
96,976 1,019,376
81, 589
108, 802
15,079
25, 252
128, 389
12, 812
34, 736
902,465
50, 387
112,158
168, 084
5,374
20, 629
5,765
111,450
10,488
112, 528 1,081, 588
146, 367
2,853
50,609
842
35, 566
287,076
34, 677
18,993
149,417
3,572
5,708
90, 294
25, 280
1,700
6,972
304, 854
25, 909
14,
001
179,
746
9,751
8,000
112, 44o
34, 000 33, 531 317,448

Dollars
1923
1924
1925
1926
1927
1928
1929
1930
1931
1933
1934
1935
1936
1937
1938
1939
1940
1942
1943
1944
1945
1946
1947
1943
1949
1950
1951
1954
1955
1956
1957
195K
1959
1960
1961
1962
1963
1964
1966
1967
1963
1969
1970
1971
1972
1973
1974
1975
1976
1977
1f)78
1979
1980
1981
1982
1983
1984
1985
1986
1987

Dollars

15,900
6,000
19,500

Footnotes at end of table, pp. 318, 319.




Disposition of proceeds of liquidation

Dollars
177, 346
694, 939
177, 210
391,497
1,225,018
628,887
297,965
389,118
1,987, 714
289, 262
496, 254
449, 044
141,087
1,108, 254
695,512
979, 406
156, 218
150, 265
153,963
355,185
2,353, 090
479, 463
188, 008
454, 493
837, 683
255, 409
540,117
215, 393
563, 50?
209, 868
669,949
186, 762
240, 960
4,166, 737
6,490, 945
734, 257
555, 906
15
608, 696
4, 270, 896
439, 805
559, 896
275, 302
510, 271
1,324,156
825,103
83,970
107,129
683,316
117, 947
307,168
2,084, 277
94, 395
325,377
261, 055
59,687
175, 379
310, 286
712, 862

Dollars
10,892
92, 297
33, 644
28, 244
22, 246
17, 690
19, 274
66,967
160, 345
359 592
29, 264
49, 728
54 162
18 434
108,907
45, 565
109,894
35,775
24, 460
29,193
177, 666
177,834
13,194
14, 715
47, 957
75, 650
74, 823
4,525
35, 770
64, 891
50,000
14, 424
11, 600
9,594
589,166
595, 312
129,407
48, 077
6,014
18,998
410, 572
28, 829
40, 799
23, 939
17,984
104,028
60,50
21,784
19, 546
159, 58
17,109
19, 610
171, 686
25,235
35,957
35, 794
15,418
7,705
22, 360
6,95

Dollars Dollars

Dividends paid
by receivers

On se- On unsecured
cured
claims claims

Dollars
3,937
10,155
30,088

38, 799

Dollars
140,099
28,937
83, 720
308,728
502, 667
604, 240
282, 800
537, 760

117,013
187, 429
165, 042
4,150
243, 604
220, 655
102, 021
64, 320
147, 436
35, 698
20, 028
387, 312
1, 751, 912
127, 674
3,380

1,199
2,468
67, 665

15, 015
139,790
15,167
14, 682
23,489

11, 652
108, 200
183, 599
361,143
124, 988
62, 717

1,682
5,944
12,968

102,483
38, 361
22, 600

441, 678
171,713
9,576
234, 080
1,636
193, 996
23, 657
27 237
72, 366 1, 377, 330
187, 721
1,209
382, 515
52,112
148,125
197, 670
390, 877
93,139
412, 571
38, 973
55, 371
4,003
26, 257
9,485
359, 286
21, 719
5,933
6,024
3,369

6,006

19, 339
204, 550
71, 637
71, 513
107, 782
81,808
182, 878

REPORT OP THE COMPTROLLER OF THE CURRENCY

283

1933y dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessmentsf amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 81, 1933.—Continued
Disposition of proceeds of liquidation—Continued
i

Secured
and preferred lia- Cash adReceivbilities paid vanced in Conser- ers' salexcept
aries,
protec- vators' legal
through
and
of expenses other
dividends, tion
assets
including
expenses
offsets
allowed

Dollars

Dollars

39,726
156, 087
51,181
114, 634
546, 024
196,877
417,189
64, 411
1,935, 259

6,399
47,990
130
1,758
15,059

86, 378
209, 252
56,911
76, 785
340, 307
289, 516
494,970
64,435
55,027
40,340
448, 509
266, 373
82,163
99,817
141,986
1,014,954
534, 232
126, 379
203, 527
186, 320
60,195
113, 453
199,464
68, 637
1, 450, 679
2,044,079
378,466
146, 504

2,686
3,870
324

140,183
1, 354, 394
66,968
124, 584
185, 472
63, 538
834,122
518,827
25,109
65, 247
453, 619
111,012
76,681
844,379
19,032
54,976
63, 541
10,877
105, 036
70, 793
99, 519

Dollars

514
10, 279
7,518

10, 582
42
8,401
83
1,002
40, 694
8,048
9,409
53
398
1,929
127
91
241
5,108
14,140
1,113
6,953
7,541
8,499
6,785
5,280
12,173
24, 432
526
211
75
2,847
5,966
2,329
124
371
21,410
8,022
345
68,392
182
150
33
54,919
863
1,681




Cash in Amount
claims
hands of ofproved
comptroller
and receivers

Dollars Dollars
6,386
8,726
13, 953
12, 420
19, 499
31, 520
31, 419
20, 224
13,802
55, 933
1,070
13, 036
15, 775
17, 591
12,195
28, 500
31,591
42, 364
9,541
7,442
10, 556
43, 627
76, 326
19, 708
7,962
10, 648
35, 870
17, 839
16, 295
21,081
15,977
10, 348
12, 503
13,018
7,508
46,155
59, 530
33,113
27, 425
966
2,451
70,150
16, 635
16, 303
14, 496
20, 439
51, 224
27, 739
7,456
9,162
39,128
10, 859
6,258
42,675
5,972
12,128
9,368
3,871
18, 221
15,132
26, 259

2,719
13, 684
10, 237
14, 351
26, 726
6,093
23, 622
47, 509
139,903
2, 393
7,018
7,267
4,687
10, 870
6,418
12,455
4,252
3,537
6,957
12, 218
21, 776
5,507
4,852
14, 297
64, 347
13, 655
6,571
7,681
22,121
7,164
15, 297
28,861
10, 276
238,194
14, 869
2,381
12,109
4,633
17,026
72, 233
41, 464
19, 251
16, 074
77, 565
23, 249
18,937
16,739
17,867
29, 022
10, 539
18,773
126,142
6,084
15, 272
4,838
4,033
18,896
5,144
7,111

Divi- Interest
dividends dends
(per(percent)
cent)

Date finally
closed or
restored to
solvency

Dollars
202, 653
392, 882
89,599
453, 655
1, 232, 792
802, 318
805, 443
566,058
1, 778, 355

70
8. 3333
20.5
26
62. 6666
75
50
32 5

312, 315
535, 533
415, 268
133, 640
1,103, 484
697,094
925,350
220,054
101,995
120, 239
664,405
4, 671, 754
425, 601
113,824
380, 871
1,307, 221
472, 382
787,961
278,070
664, 452
157, 532
555,053
296, 398
269, 595

37.5
35
40
5
26. 6666
31. 6666
18
67
35
16. 6666
58.3333
37.5
30

4,094, 294
663, 651
437,650
102, 858
598, 755
3,620, 494
422, 279
612,006
301, 233
564, 771
1,197,850
924, 770
131,942
155, 231
686, 453
87, 521
194,903
1, 570,976
42,983
316, 460
159,193
110,176
254,253
263, 462
831, 781

15
36. 6666
45
23
4.55
40
45
62.5
50
35
40
45
45
20
52.5
25
5

7
18
39
48
45
13
20
15
13

45
65
45
65
42.5
33. 3333
22

1923
1924
1925
1926
1927
1928
1929
1930
1931
1933
1934
1935
1936
1937
1938
1939
1940
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987

284

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at -date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

1988
1989
1990
1991
1992
1993
1994
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049

First National Bank, Hornell, N.Y
First National Bank, Pitcairn, Pa
Peoples National Bank, Pitcairn, Pa
First National Bank, Trafford, Pa
First National Bank, Champaign, 111
First National Bank, Bardwell, Ky
First National Bank, Hamilton, 111
First National Bank, Arlington, Ga
First National Bank, Hartwell, Ga 1
City National Bank, Knoxville, Tenn.
First National Bank, Alexis, IU.i
Citizens National Bank, Kendallville, Ind
First National Bank of Bay Point, Port Chicago, Calif
First National Bank, Alva, Okla
Security National Bank, Fairfield, Idaho
National Bank of Commerce, Garnett, Kans
Merchants National Bank, Brownsville,2 Tex
First National Bank, High Bridge, N.J.
Merchants National Bank, Definance,1 Ohio J
First National Bank, Defiance, Ohio
First National Bank, Lonaconing, Md.i
First National Bank, Fairfax, Okla
First National Bank, Nebo, 111
First National Bank, Glasgow, Ky
Forest City National Bank, Rockford, 111
First National Bank, Highland, Kans
First National Bank, Albion, 111.1
Albion National Bank, Albion, 111.1
Coggin National Bank, Brownwood, Tex.i
First National Bank, Roscoe, Tex.1
Bayard National Bank, Bayard, W.Va
First National Bank in Driggs, Idaho
First National Bank, Seymour, Ind.1
First National Bank, Lafayette, Colo
Citizens National Bank & Trust Co., Hornell, N.Y
National City Bank, Tampa, Fla.1
Douglass National Bank of Chicago, Chicago, 1111
United States National Bank, La Grande, Oreg.
First National Bank, South Glens Falls, N.Y
Hancock National Bank, Sparta, Ga 1
State National Bank, Santa Anna, Tex.
United States National Bank, Iron Mountain, Mich
Citizens National Bank, Salmon, Idaho.
First National Bank, Hartington, Nebr
First National Bank, Crofton, Nebr
Baraga County National Bank, L'Anse, Mich
Liberty National Bank, Waco, Tex.1
First National Bank, Beverly Hills, Calif
National Bank of Rolla, Rolla, Mo
First National Bank, Jayton, Tex
Washington National Bank, New York, N.Y.i
First National Bank, Sutersville, Pa
First National Bank, Rock Falls, 111
.
Leominster National Bank, Leominster, Mass
First National Bank, Sheffield, Iowa
Henderson National Bank, Henderson, Ky
New Jersey National Bank & Trust Co., Newark,
N.J
Holston National Bank, Elizabethton, Tenn.1
Alliance National Bank of Chicago, Chicago, 111
First National Bank, Arlington, Nebr
First National Bank, Whitesburg, Ky

Footnotes at end of table, pp. 318, 319.




Capital
stock at
date of
failure

Date receiver
appointed

Dollan
300,000 Feb. 27, 1932
100,000 Mar. 2, 1932
75, 000
do
30, 000
do
300, 000 Mar. 4,1932
25, 000
do
50,000
do
30,000 Mar. 8,1932
75, 000 .____do
1, 000, 000 Mar. 9,1932
50, 000 Mar. 15,1932
80, 000 Mar. 16,1932
25,000 Mar. 18,1932
50, 000
do
25,000 Mar. 19,1932
25, 000 Mar. 25,1932
250,000 Mar. 28,1932
50, 000 Mar. 30,1932
100, 000 Apr. 11,1932
100,000
do
25, 000
do
25, 000 Apr. 12,1932
40,000
do
50, 000 Apr. 15,1932
300, 000 Apr. 19,1932
25, 000 Apr. 26,1932
50,000 Apr. 27,1932
50, 000
do
100, 000
do
25, 000
do
25,000 Apr. 28,1932
25,000 May 3,1932
100, 000 May 6,1932
25, 000 May 9,1932
125, 000 May 10,1932
500, 000 May 20,1932
250, 000 May 21,1932
100, 000 May 23,1932
25, 000 May 24,1932
25, 000
do
50,000
do
100, 000
do
100,000 May 25,1932
60, 000 June 1,1932
25,000
do
50,000 June 2,1932
300,000 June 3,1932
450, 000 June 7,1932
50, 000 June 8,1932
40,000
do
500, 000 June 10,1932
25,000
do
50,000
do
150,000 June 11,1932
40, 000 __..do
200, 000
do
2, 800,000
do
50,000 June 14,1932
200, 000 June 15,1932
25,000 June 17,1932
50, 000
do

REPORT OP THE COMPTKOLLER OP THE CURRENCY

285

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Book value of assets at date of
failure

Progress of liquidation
to date of this report

Total
Additional
assets
assessment Total assets
received
upon
and stock
date
shareassessment
Estimated Estimated Estimated since
of
failure
holders
doubtful worthless
good

Dollars

Dollars

Dollars

671,437
345, 603
161, 594
182,130
2, 337,646
211,441
58, 743
13, 383
80,069
874, 341
11,644
190,999
19,956
350, 278
52,688
118, 832
1, 822, 005

1,800.366
580,836
356, 063
304,080
2, 807, 223
97, 718
141, 560
78,462
160,471
2,177,467
55, 828
427, 360
129, 505
185, 514
74, 308
216, 016
1,654,474

257,180
96, 575
72, 591
69,629
557,983
31,375
75,462
32,429
25, 216
1,171, 798
14, 579
1,544
19, 733
45,149
540
49, 240
558, 226

210,770
66, 555
15, 629
17,946
1,014, 021
9,856
7,921
13,302
55, 274
576,160
1,498
23, 775
7,841
17, 529
18, 364
8,511
364, 868

609
1,338
1,650
69, 570
66, 938
163, 868
1,171, 980
59, 712
4,439
10,382

47,618
76, 823

180,907
83, 304

214, 785
134, 775
200, 096
1,555,934
96,048
118,039
127,099

2,438
50,082
154, 869
18, 420
77, 286
75, 732

2,340
24,821
63,589
7,165
64,181
717, 751
4,276
57, 625
365
146,147
100, 250
1
107,140
194, 867
127,180
49, 319
308, 690

26,417
184,644
62,479
261,992
87,134
1, 768, 636
682, 212
673, 268
125, 649
314, 047
109,975
18, 764
563, 036
377, 064
177, 059
114, 007
263,140

10, 793
2,665
58, 269
53, 921
3,024
268, 797
147,900
22, 006
266, 445
72, 621
49, 649
112,965
38, 883
74, 213
117, 594
33,347
7,254

3, 032,107
237, 684
19,723
8,128
103, 659
137,814
535, 538
59,016
748,360
2, 736, 228
14, 003
217,902
23,857
150,067

2, 234, 771
304, 361
149, 652
148, 731
350,914
314,820
1,357, 062
284,135
705,822
12, 958,425
227,896
1, 675,105
106,144
367,658

1.607,978
197,681
76, 468
88,584
1,318
46,014
71,822
2,615
79, 319
1, 240, 980
93, 661
8,794
11, 621
124, 016

1,270
5,541
437
19, 661
26,622
16, 531
314,921
38, 845
972
2,987
10
4,635
6,293
7,687
6,166
13, 006
145,976
742, 273
131, 231
15,924
32,488
2,135
99
37, 817
49, 010
23,192
10, 490
24, 067
1,113
186, 671
43, 011
1,466
5,104
43,155
19,162
82, 346
17, 615
166, 675
528, 654
21, 308
78, 749
5, 370
27, 283




I§, 553

Dollars

Dollars

Dollars

Cash colCash col- lections
lections
from
from
stock
assets
assessment

Dollars

25, 000
50,000
30, 000
75, 000
1, 000, 000
50,000
80,000
25, 000
50, 000
25, 000
25, 000
250,000

3, 239, 753
1,189, 569
680,877
603, 785
6,716, 873
375,390
333, 686
167, 576
396, 030
5, 799, 766
133, 549
723, 678
202, 035
648, 470
170,900
417, 599
4, 649, 573

1,404,011
308, 294
208, 027
149,122
3 594,287
108,169
129,473
24, 776
79, 225
2,199, 226
16, 259
355, 495
87, 617
125, 853
67, 346
157,953
1, 500, 606

100, 000
100, 000
25, 000
25,000
40, 000
50, 000
300, 000
25, 000
50,000
50, 000
100, 000
25, 000
25, 000
25,000
100, 000
25, 000
125, 000
500, 000
250, 000
100, 000
25, 000
25, 000
50, 000
100, 000
100, 000
60,000
25, 000
50, 000
300, 000
450,000
50, 000
40,000
100,000
25, 000
50,000
150,000
40,000
200,000
2,800, 000
50,000
200,000
25, 000
50, 000

330, 404
267,006
27, 087
347, 569
270, 773
480, 577
3,497,704
238, 025
250, 736
266, 200
100, 010
69,185
243,423
217, 024
429, 244
192, 345
3, 026,160
2, 076, 661
1,134,130
508, 383
590, 303
287, 009
181, 829
846, 876
795,154
505, 025
232,163
653,151
301,113
7, 511, 527
832, 737
287, 309
350, 547
524, 046
567,810
2,196, 768
403, 381
1,900,176
20, 264, 287
406, 868
2,180, 550
171, 992
719, 024

17, 303
7,964
2,087
161, 043
111, 734
199, 209
1, 258, 785
87, 077
8,084
10,919
10
5,981
72,198
73, 507
125, 850
71, 491
901, 079
75, 004
189,105
20, 470
314, 718
77, 589
3,599
168, 850
267, 655
144, 229
54, 782
148, 763
1,113
3,000, 476
156, 700
31, 698
35,188
152, 663
142, 262
1, 098, 303
145, 343
742, 017
8, 950, 259
19, 749
942, 432
60,067
164, 807

300,000
100,000
75,000
30,000

Dollars
122,955 1988
60, 517 1989
28,132 1990
10, 267 1991
1992
6,872 1993
23, 335 1994
4,700 1996
38, 689 1997
588, 791 1998
29,979 1999
62, 331 2000
3,176 2001
2002
2003
1,500 2004
82,833 2005
2006
13, 000 2007
28, 025 2008
22, 600 2009
5,856 2010
32, 350 2011
22,171 2012
141,630 2013
13, 200 2014
25, 262 2015
24, 822 2016
2,300 2017
9,337 2018
10, 210 2019
1,689 2020
100, 000 2021
3, 284 2022
87, 586 2023
255, 571 2024
7,229 2025
38, 689 2026
21, 846 2027
4,461 2028
39, 431 2029
35, 203 2030
30, 028 2031
5,313 2032
11, 212 2033
26, 417 2034
197, 650 2035
132, 887 2036
22, 655 2037
6,727 2038
21, 958 2039
7,573 2040
28, 365 2041
114, 643 2042
13,992 2043
74,311 2044
792, 616 2045
7,902 2046
16,042 2047
16, 400 2048
24, 831 2049

286

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 81,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued
Total
collections
from all
sources,
Unpaid Offsets including
balance allowed offsets alR.F.C. and set- lowed
loan
tled
and unpaid balance
R.F.C.
loan
Dollars
102, 663
51, 541
18,997
17,165
123,000 424,410
24,981
25,461
17, 500
9,324
9,241
230, 016

Dollars
1988
1989
1990
1991
1992
1993
1994
1996
1997
1998
1999
2000
2001
2002
2003
?,004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
?02S
2029
2030
2031
2032
2033
2034
2035
203(5
2037
2038
2039
2040
2041
2042
2043
2044
2045
204(5
2047
2048
2049

6,400
224, 200

24,006
1,274
7,398
3,683
6,118
119,126

Disposition of proceeds of liquidation
Conservators'
distributions

Loss on
Book
assets
value of
Book
comremainvalue
of
pounded remaining ing unor sold uncollected collected To se- To unsecured
under
stock as- cured
assets
credi- crediorder of
sessment
tors
tors
court

Dollars
Dollars
1, 629, 629
337,347
420,352
73,477
255,156
22, 501
176, 554
63,672
4,141, 697
589,986
140, 022
195, 769
3,866
38,800
1,974
127,155
15,175
3,018,033 2, 297, 721
46, 238
441,832
110, 637
92,067
71, 660
133, 251
71,029
1,152
171,971
6,868
1,926, 765
69,981

30, 303
9,778
35,989
24,687
1,821
16, 517
183,416
5,431
149, 515
30,857
7,733
229,113
276, 626
91,800 247, 079 1, 739, 294
20,989
9,793
110,070
2,014
794
34,140
2,255
2,313
38,054
2,310
236
15, 318
14, 837
162
82, 570
503
5,370
80, 566
203, 384
10
225,860
18, 654
•
8,634
83,409
87, 461
49,164 1,037, 829
25, 633
330, 575
26, 852
13, 443
209, 777
2,967
62,126
80,183
16, 874
353, 438
9,757
91,807
128, 230
43, 030
112, 814
20, 390
28,500
252,943
16, 245
51,539
349, 222
798
5,645
155,187
2,173
2,123
68,117
24,060
44, 914
2,900
222,994
198, 763
861, 635
467, 602 3,600,965
17,060
14,109
193,464
129
38, 554
1,316
57,146
2,462
72,626
162, 698
18,174
33,614
188,801
128, 605 1, 341, 551
244,933
14,134
47, 413
209, 369
35, 900
74, 562
78,153
890, 890
380, 900 930, 111 11,053, 886 1, 012, 664
27, 651
457, 674
28, 926
987, 400
31,849
4,774
81, 241
15, 402
40, 080
244,118
14, 400

Footnotes at end of table, pp. 318, 319.



Dollars
Dollars
1,095, 732
177,045
656, 257
39,483
356,352
46,868
343,826
19, 733
2,108,190
217, 240
18,128
124,886
26, 665
101, 502
25, 300
217,389
36, 311
72,803
411, 209
67, 290
20, 021
153, 540
17, 669
16,484
21,824
465,219
50,000
73, 719
25,000
221, 660
23, 500
2, 709,860
167,167
213,101
149, 264
143,188
113, 608
192, 778
1,415, 214
95,166
189,844
200, 713
37,968
131, 226
112, 644
68, 566
1,863, 456
1,476, 024
654, 730
384,946
153, 528
174, 663
444,822
359, 715
294, 353
148, 085
385,414
2,731, 814
594,868
215, 482
214,043
271,295
323, 760
574, 927
156, 491
805, 444
6,571, 253
337,119
551, 518
50, 302
448,735

Dollars

On se- On unsecured
cured
claims claims

Dollars
23,565
15, 862

1,953
17, 581
27, 366
41, 277
11, 327
12, 669
9,593

87,000
71, 975
2,400
19,144
7,650
27,829
158,370
11,800
24,738
25,178
97, 700
15, 663
14, 790
23, 311
21, 716
37, 414
244, 429
242, 771
61,311
3,154
20, 539
10, 569
64, 797
69,972
54, 687
13, 788
23, 583
102, 350
317,113
27,345
33, 273
78 042
17, 427
21, 635
35, 357
26, 008
125, 689
2, 007, 384
42, 098
183, 958
8,600
25,169

Dollars

Dividends paid
by receivers

Dollars
584,638
245, 558
65, 558
71, 507
91,981,059
48, 540
118, 553
6,792
28,067
230,855
24,186
18,818
479, 820

19,461
48, 318
125, 585
117, 711
1,039, 258
36,982
59
19, 714
49
15, 879
9,384

8,333
1,663
6,200
98, 891

33, 749
6,563
20,822

187,806

875
200,005

10,817
6,988
18,736
6,261
6,063
6,477
141,000

101, 771
30, 672
7,785
7,310
52, 795
487, 717

6,555

_ _

4,428
2,793

25, 052
102, 524
45, 021
848,159
126, 762
9 402, 320
2, 515, 258
67, 016
33,881
104,479

KEPORT OP THE COMPTROLLER OP THE CURRENCY

287

1933, dates of appointment of receivers and final closing> with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Disposition of proceeds of liquidation—Continued

Secured
and preferred lia- Cash adCash in
Receivbilities paid vanced in Conser- ers'
sal- hands of
except
vators' aries, legal compprotecthrough
tion of expenses and other troller
dividends,
assets
expenses and reincluding
ceivers
offsets
allowed

Dollars
Dollars
Dollars
901,045
9,866
142,969
277
143, 740
185
73, 594
2,076,160
14,960
74, 262
386
63,136
21,743
328
63,995
1,042
2, 392, 874
16,080
111,933
8,400
72,099
4
107, 535
1,872
20,413
195
124,139
6,909
1, 290, 487
68, 646

Dollars
Dollars
33,402
100,678
19, 887
11,661
12,826
9,282
12,180
3,411
55, 549
13,969
11,914
4,920
7,761
6,319
6,169
1,815
10,470
6,000
20,835
604, 324
1,835
957
13, 685
35,682
5,139
3,498
10, 774
13, 070
8,486
5,080
10, 655
1,857
40,095
47, 717

Amount
of claims
proved

Dividends
(percent)

Interest
dividends
(percent)

Date finally
closed or
restored to
solvency

Dollars
1,461, 444 40
707, 727 35
351,162 22
439,141 20
2,904,927 9 60
194,166 25
158,164 75
87,309 10
142,940 32
3, 201,987
49,756 55
329,872 70
75, 514 15
319, 228
78,425 47
279, 594 10
2,180, 693 22
Dec. 12,1932

15, 248
5, 572

1,647
465

71, 535
5,479
83, 669
559,840
62, 872
5,794
10,413

218
1,309
26
60,917
37
594
135

5,309
28, 517
57, 214
125, 064
53,014
789,336
63,462
135,896
7,179
81,837
65,929
30,250
119, 632
253,945
123,429
41, 569
140, 936
50,800
2, 798,107
124,519
24,118
8,967
40,970
110,387
416,196
69,018
343,891
8,352, 617
19, 586
883,131
33, 209
99,616

68
74
217
400
5,710
7,609
2,390
6,814
25
351
17,508
18
20
4,186
6,878
9,031
2
91
143
53
808
1,569
8
19,113




1,020
2,652
487
11,143
6,546
8,419
29, 931
5,147
2,246
2,180
2,025
1,017
6,766
4,291
1,905
5,688
24, 582
12, 923
22, 368
9,613
10, 951
7,961
1,963
16, 520
15, 544
8,463
5,974
11,173
1,969
68, 762
15, 710
5,290
10, 366
9,172
12,191
33, 784
8,735
26,143
127, 699
1,390
23, 798
5, 681
13,422

12, 388
27,300
4,739
42,818
10, 596
19, 288
49,348
5,032
5,733
9,398
285
591
11,801
6,081
3,485
218, 201
57,900
49,123
38,520
60, 645
17,892
7,681
12,817
9,231
7,181
7,427
4,994
239,501
44, 204
9,146
12. 761
10,030
14, 556
43, 269
4,801
117, 728
56, 743
6,675
9,027
5,669
7,488

103, 571
102,884
88,461
192, 340
146, 602
280, 282
1,598, 859
72, 812
141, 235
151, 692
100,000
9,603
135,002
127, 739
225, 655
75, 717

22
30
85
42
65
50
14
10.5
54
25
10
43.824
27.5

534,352 35
313, 653
206, 681
364,365 55
139,175
51,192 21.13
437,155 25
269, 559 12
278,831
5
133,828 10
355, 688 16. 6666
300,000 47
3, 251, 554 15
591, 670
178,860
50,104 50
341, 747 30
301, 654 15
1, 211,676 70
230,477 55
873,893 9 50
5,050,490 50
555,125
81, 376
386,958

13
41. 6666
27

May

1,1933

Oct.

27,1933

1988
1989
1990
1991
1992
1993
1994
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
?031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049

288

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. SI,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

First National Bank, Etowah, Tenn.__
Bowmanville National Bank of Chicago, Chicago, 111
First National Bank, Oneida, 111
Boonville National Bank, Boonville, Mo
Hurley National Bank, Hurley, Wis
First American National Bank & Trust Co., Berwyn, 111
Columbia National Bank, Columbia Heights, Minn
San Bernardino National Bank, San Bernardino, Calif
Jefferson Park National Bank of Chicago, Chicago, 111
National Bank of Milton, Milton, Iowa
^
Jackson Park National Bank of Chicago, Chicago, 111
Standard National Bank of Chicago, Chicago, 111
Ravenswood National Bank, Ravenswood, 111
First National Bank, Wilmette, 111
National Bank of Woodlawn of Chicago, Chicago, 111
First National Bank, Martinsville, Ind
First National Bank, Mesa, Ariz
Midland National Bank of Chicago, Chicago, 111
South Ashland National Bank of Chicago, Chicago, 111
Peoples National Bank & Trust Co., of Chicago, Chicago, I1L_.
First National Bank, Maquoketa, Iowa
First National Bank, Thompson, Iowa
First National Bank, Gardner, 111
West Hollywood First National Bank, West1 Hollywood, CalifGuernsey Nationel Bank, Cambridge, Ohio
First National Bank, Willoughby, Ohio*
First National Bank, Spartanburg, S.C
Hyde Park-Kenwood National Bank of Chicago, Chicago, 111
First National Bank, Tyndall, S.Dak
First National Bank in Kerman, Calif
Farmers National Bank in Vinton, Iowa
First National Bank, Davidsville, Pa
First National Bank, Riverside, 111
State National Bank in Terrell, Tex
First National Bank, Waynesboro, Miss
First National Bank in Aurora, 111
First National Bank & Trust Co., Chicago Heights, 111
National Tradesmens Bank & Trust Co., New Haven, Conn.2_.
First National Bank, Burns, Oreg
State National Bank, Iowa Falls, Iowa
2090 Pulaski National Bank, Pulaski, N.Y
2091 First National Bank, Jenkins, Ky
2092 Ross County National Bank, Chillicothe, Ohio
2093 Consolidated National Bank, Dubuque, Iowa
2094 Peoples National Bank & Trust Co., Sullivan, Ind
2095 Commercial National Bank, Waterloo, Iowa
2096 Clearfield National Bank, Clearfield, Pa
2097 First National Bank, Enterprise, Ala.1
2098 First National Bank, Artesia, Calif
2099 Whitley National Bank, Corbin, Ky
2100 City National Bank, Sumter, S.C.i
2101 Farmers National Bank, Wewoka, Okla
2102 First National Bank, Thomasville, Ga
2103 First National Bank, Sylacauga, Ala
2104 Producers National Bank, Tulsa, Okla.i
2105 Monroe National Bank, Monroe, N.Y
2106 Spencer National Bank, Spencer, Ind
2107 First National Bank, Leland, 111
2108 Buchanan County National Bank, Independence, Iowa
2109 First National Bank in Sioux Rapids, Iowa
2110 First National Bank, Adams, Minn
Footnotes at end of table, pp. 318, 319.
2050
2051
2052
2053
2054
2055
2056
2057
2058
2059
2060
2061
2062
2063
2064
2065
2066
2067
2068
2069
2070
2071
2072
2073
2074
2075
2076
2077
2078
2079
2080
2081
2082
2083
2084
2085
2086
2087




Capital
stock at
date of
failure

Date receiver
appointed

Dollar^
50,000 June 21,1932
300,000
35,000
,_do_.
200, 000
do
do
50,000
do
175,000
do
25,000
100,000
June
25,1932
300,000
do
25,000
200,000
.do
300,000
do
200,000
__do
150,000
..do
do
300, 000
100,000 June 27,1932
100,000
do.
do
250,000
do
200, 000
do
1,000,000
June
28,1932
50,000
do
50,000
do
25,000
do
75, 000
50,000 June 29,1932
do.
100, 000
500, 000 June 30,1932
600, 000 July 1,1932
40, 000 July 2,1932
do
25, 000
do
75, 000
25, 0.00 July 6,1932
do
50,000
do
100, 000
do
25, 000
do
200, 000
200, 000 July 7,1932
do
500, 000
do
50, 000
do
50,000
July
11,1932
75, 000
75, 000 July 12,1932
July
14,1932
150, 000
do
500, 000
July
15,1932
150, 000
400, 000 July 18,1932
do
200, 000
-do_
100, 000
_do_
50, 000
25, 000
.do150, 000 July 21,1932
25, 000 July 22,1932
100, 000 July 27,1932
do
50, 000
250, 000
do
50, 000 July 28,1932
50,000 July 30,1932
30,000 Aug. 1,1932
125,000
do
50, 000
do
30,000 Aug. 8,1932

REPORT OP THE COMPTROLLER OF THE CURRENCY

289

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Book value of assets at date of

Progress of liquidation
to date of this report

failure

Additional
Total
assets
assessment Total assets
received
and stock
upon
colassessment Cash
date
sharelections
Estimated Estimated Estimated since
of
failure
holders
from
good
doubtful worthless
assets

Dollars

Dollars

265, 603
335,821
64,200
606,821
317, 753
43,098
11,706
245, 557
293, 312
44, 247
220, 717
92, 575
225, 680
357, 657
180,974
477, 319
76, 818
117, 253
78, 208
480' 937
302, 031
21, 231
57, 681
86,041
3,610
608, 846
1, 388, 977
908, 568
64, 938
59, 259
275, 802
11,922
110, 828
65,181
90, 220
861, 634
223, 328

268,336
2,089,159
92, 268
436, 017
282,406
812, 733
320,804
803,478
1,843, 228
55, 266
1, 006, 584
522, 341
528, 226
635, 413
1,908, 095
284,356
392, 202
700,917
191,305
6, 726, 552
504, 621
257, 351
155,075
195, 900
72, 536
426, 535
1, 659, 278
3,145,838
340, 676
146, 498
496, 669
149, 842
222,191
225,954
434, 243
2, 067, 710
1,151, 328

142, 686
77,906
450,804
38, 023
476, 534
1, 209, 680
162, 365
1, 668, 830
346,883
43,415
280, 735
122,172
31,240
347,970
123, 965
126,909
46,032
272,240
252,109
69.903
468,114
50,846
70, 655

144,860
304, 363
1, 403, 627
292,937
1, 088,064
3, 609,939
1,116, 310
3,929, 873
682, 503
284, 333
224, 466
145, 559
260,933
464, 300
191, 630
178, 764
254, 423
311,230
408,194

152,591
694,924
172, 529
256,435




Dollars
53,420
229,865
115,894
11,106
27, 015
781
678,874
22,859
4,503
95, 538
103, 750
9,502
166, 227
107, 652
274, 423
58, 573
153, 090
86,600
73, 753
9,278
3,124
7,865
22, 546
13,835
13,801
506, 203
795, 364
31,463
1,416
11, 442
1,110
33, 543
117, 765
394, 575
194,884
76, 630
85, 452
8
34, 555
63,950
193,433
245,176
240,981
292,375
159, 694
35, 022
2,241
80, 767
43, 230
100, 874
152,196
288, 875
55, 702
84,883
23,996
36, 727
83, 391

Dollars
48,922
139,951
13, 297
114,175
21,928
44, 728
24,480
171, 372
107,950
24,181
47,153
24,860
98,186
38,141
155,045
81, 603
42, 553
38,045
31,060
462, 075
111,851
16, 592
15, 223
10, 548
10, 663
127,059
640,480
264, 303
33, 628
22, 638
12, 043
20,193
23, 065
240,892
33, 662
64,419
74,105
42,419
26,862
122, 647
41, 790
36,896
214, 444
79, 332
223, 276
68, 781
11, 555
78, 613
77, 542
4,871
38, 822
91, 550
26,172
160, 567
18, 786
96, 966
68, 394
57, 983
3,497
19, 795

Dollars

Dollars

Dollars

1, 000,000
50, 000
50,000
25,000
75, 000
50,000
100, 000
500, 000
600,000
40,000
25,000
75, 000
25,000
50,000
100, 000
25, 000
200,000
200,000

686, 281
3,094, 796
204, 765
1,472, 907
683,193
1,102, 574
382, 771
1,999, 281
2, 567, 349
153,197
1, 569,992
1, 043, 526
1,061, 594
1, 347, 438
2, 651, 766
1, 217, 701
670,146
1, 259, 305
387,173
8, 743, 317
977, 781
348, 298
260,844
390, 035
150, 644
1, 276, 241
4, 694, 938
5, 714, 073
510, 705
254,811
870, 956
206, 957
407,194
665, 570
700, 890
3, 588, 338
1,843, 645

156,208
929, 211
66, 697
426,183
380, 333
112, 660
231,109
633, 078
660,132
46, 312
401, 037
167, 798
265, 488
288, 896
730, 628
277, 079
270, 862
280, 936
119,041
2,160, 510
255, 236
66, 712
89, 743
138,191
11,179
387, 621
621,150
1, 599, 714
92, 420
175, 977
178, 885
42, 287
128, 863
110, 732
110,184
1,121, 990
703, 072

50, 000
50,000
75, 000
75,000
150,000
500,000
150,000
400, 000
200, 000
100,000
50,000
25,000
150, 000
25, 000
100, 000
50, 000
250, 000
50, 000
50, 000
30, 000
125, 000
50, 000
30,000

456, 595
544, 583
2, 052, 086
482, 305
1,815, 444
5, 727, 496
1, 753,183
6, 462, 960
1, 590, 542
598, 997
668, 836
372, 514
527,811
919,322
608,019
534,041
999, 897
652, 256
862, 971
405, 771
1, 370, 017
313, 599
460, 276

143, 380
116, 585
868, 810
155, 701
811, 797
1,911,012
353, 744
2, 648, 025
295, 572
37, 301
314, 530
82, 584
38, 955
208, 984
97,818
93, 080
126, 020
299, 483
188, 243
96, 874
376, 271
34,122
62, 234

50,000
300,000
35, 000
200,000
50,000
175,000
25,000
100,000
300,000
25,000
200,000
300, 000
200, 000
150,000
300,000
100,000
100,000
250, 000

lections
from
stock
assessment

Dollars
7,292
40,495
16,033
98, 459
21, 330
24, 247
5,068
47,866
62, 403
2,640
28, 730
44, 636
22, 368
30, 510
94, 716
40, 098
36,454
67, 685
123, 569
26, 576
6,342
6,550
24,120
40, 425
78,195
239, 704
75, 481
18, 001
9, 970
25, 463
9,754
25, 421
6,534
4,382
153, 803
34,885
4,718
23,913
20, 632
40, 951
132, 258
399,963
85, 226
157, 755
103,433
4,090
12, 750
10, 450
92, 401
800
50, 234
7,535
78,611
10, 200
2,247
18, 058
59, 087
10, 465
1,167

2050
2051
2052
2053
2054
2055
2056
2057
2058
2059
2060
2061
2062
2063
2064
2065
2066
2067
2068
2069
2070
2071
2072
2073
2074
2075
2076
2077
2078
2079
2080
2081
2082
2083
2084
2085
2086
2087
2088
2089
2090
2091
2092
2093
2094
2095
2096
2097
2098
2099
2100
2101
2102
2103
2104
2105
2106
2107
2108
2109
2110

290

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued

Total
collections
from all Loss on
assets
,
sources,
Unpaid Offsets
combalance allowed including pounded
offsets
alR.F.C. and setor
sold
lowed
loan
tled
under
and unorder
of
paid balcourt
ance
R.F.C.
loan

2050
2051
205?
2053
2054
2055
2056
2057
2058
2059
2060
2061
2062
2063
2064
2065
2066
2067
2068
2069
2070
2071
207?
2073
2074
2075
2076
2077
207S
2079
2080
2081
208?
2083
2084
2085
2086
2087
2088
2089
2090
2091
209?
2093
2094
2095
2096
2097
2098
2099
2100
2101
210?
2103
2104
2105
2106
2107
2108
2109
2110

Dollars
Dollars
Dollars
35,428
226,428
27,500
92,027 1,061, 733
92, 314
9,584
568,057
43,415
407, 896
6,233
150,155
13, 248
246, 202
10, 025
747,980
67, 036
916, 472
69, 043
124, 894
56,053
7,101
513, 219
31,452
52,000
220, 555
8,121
317, 973
30,117
381, 984
62, 578
918,692
93, 348
531, 241
43, 295
170, 769
320, 452
13,136
453,124
46,
703
57, 800
125, 395
6,354
72, 993 2, 357,072
323,
319
41, 507
81,878
8,824
99,
370
2,100
977
169, 501
7,190
51,604
465, 816
1,105,969
119, 500 125, 615
157, 300 211, 467 2,043,962
124,643
7,000
7,222
193,636
7,689
304,181
35, 733
56, 263
4,222
176,952
22, 668
64,100
129,157
11, 891
147, 096
32, 530 1,634, 544
222, 251
796,134
58,177
136, 500
156,149
8,051
157,881
17, 383
943, 863
54, 421
202,718
6,066
95, 337 1, 039, 392
33, 500 249, 450 2, 593, 925
558, 026
72, 400
46, 656
148, 000 388, 668 3, 342, 448
428, 424
29, 419
41, 391
357, 304
30, 024
103, 364
10, 330
135,041
3,685
246, 604
36,820
159, 380
11,328
115,317
4,600
10,102
348, 513
143, 882
345, 778
36,095
234,305
43,815
153, 700
2,500
36, 268
548, 699
51, 541
61, 800
46.169
1,582
15,800
10, 593l
89, 794

Dollars
6,700
222,062
16, 685
2,076
59,160
20,461
43, 561
100,976
274,410
31, 626
59,032
17, 577
51, 545
513, 518
34,497
53, 307
63, 784
64, 766
284, 418
50, 775
8,700
43,175
17, 767
17,685
27,432
63, 794
3,670
25, 714
3,093
5,118
22,115
16,120
25,145
72, 520
243,979
466
58, 067
244, 570
87, 308
304,196
181, 211
3,797
490, 515
29,197
117
56, 607
9,072
61
38,581
23, 378
18,491
71,140
38, 623
14, 738
60,347
5,185

Footnotes at end of table, pp. 318, 319.




Disposition of proceeds of liquidation
Conservators'
distributions

Book
value of
remaining
uncollected
assets

Book
value of
remaining uncollected
stock assessment

To secured
creditors

To unsecured
creditors

Dollars Dollars
Dollars
Dollars
42, 708
437,945
259, 505
1,551,496
76,799
18, 967
801,233
101, 541
187, 467
28, 670
781, 205
150, 753
73, 076
19,932
1,098,191
52,134
1,263, 764
237, 597
74, 784
22, 360
905, 877
171, 270
508,575
255, 364
548, 412
177,632
794,419
119,490
1,014, 272
205, 284
762, 830
59,902
232, 841
63, 546
617,882
182, 315
197, 012
5,225,396
876,431
580, 263
23,424
214, 062
43, 658
101,949
18,450
151, 887
50,880
89,465
9,575
770, 935
21, 805
3,420, 741
260, 296
3,239, 098
524, 519
367, 393
21, 999
20, 431
15,030
578, 245
49,537
130, 330
15, 246
183,548
24, 579
426,827
93, 466
508, 031
20, 618
1,971, 577
46,197
638, 417
165,115
254,698
302, 548
809,285
158,230
454,114
2,885, 823
1,198, 986
2,535, 752
1,036, 354
461, 579
217, 675
254, 600
326, 099
648, 457
360, 292
357, 481
605, 386
195, 538
542, 290
227, 891
756, 858
227, 895
352, 264

45, 282
26, 087
54, 368
34, 049
17, 742
100, 037
64, 774
242, 245
96, 567
95, 910
37, 250
14, 550
57, 599
24,200
49, 766
42, 465
171, 389
39,800
47, 753
11,942
65, 913
39, 535
28,833

Dividends paid
by receivers

On secured
claims

On unsecured
claims

Dollars

Dollars
28,417
144, 540
108,186

54, 709
14, 250

32, 749
28,142

13, 591
8,009

59,154
10, 746
3,225
3,331
3,025
23, 057
32, 609

46, 367
218, 759
30, 723
125, 211
98, 982
148,123
80,067
304, 428
123, 655
80,968
89, 427
67, 346
76, 580
20,020
36, 253
48, 304
33, 683
73,061
141, 534
472, 861
39, 214
46,489
124, 733
27, 012
32,484
14, 931
904, 987
236,974

54,176
514, 609
63, 017
508, 080
999,666
202, 233
91,348,411
117, 775
56, 277
17, 895

4,841
84, 480
19,437
4,009
215, 778

71, 042
17, 859
4
78, 826
53, 038
20, 661
189,594

4,990
29, 225

50,715
183, 427

6,030

16, 691

REPORT OF THE COMPTROLLER OF THE CURRENCY

291

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Disposition of proceeds of liquidation—Continued

Secured
and preferred liaCash in
Receiv- hands
bilities paid Cash adof
vanced in Conser- ers' salexcept
compprotecvators' aries, legal troller
through
tion of expenses and other and redividends,
assets
expenses ceivers
including
offsets
allowed

Dollars
Dollars
Dollars
3,357
201,'353
70
1, 001,485
37, 505
317, 360
604
273, 243
131
99, 549
486
180,890
1,525
328, 036
14, 573
803,834
1,910
13, 484
515
332, 783
1,449
54,101
383
106,183
651
210, 325
1,066
519, 204
4,155
337, 857
626
167, 357
2,336
340,339
12
26, 637
1, 895, 740
16,653
197,349
12,479
36, 425
118
56, 496
76
100,625
4,360
10,868
366,086
3,846
847, 959
1,819
1, 481, 430
4,240
64,005
5
122,196
354
161, 696
115
17, 765
132
128,187
82, 480
2,628
107, 671
4,229
593, 575
21, 542
7,108
419, 877

Dollars
Dollars
17,337
4,381
39,359
20,819
5,306
21,086
17, 301
88,252
10, 018
16, 318
27, 949
22,171
7,060
10,360
27,312
104, 591
49,326
61,402
5,558
5,773
27,866
11, 660
20,133
46,956
24, 438
38, 578
28,174
62, 352
26,828
64, 077
24, 066
12, 288
14, 474
27,175
18, 539
4,807
10, 503
20, 909
80, 775
363, 904
13, 913
9,407
6,096
11,210
5,623
922
7,110
9,102
1,266
5,787
17, 913
4,910
37, 986
17, 517
58, 948
26, 483
8,684
1,989
5,037
16, 335
11, 659
5,978
3,461
4,562
8,479
4,777
11, 438
17, 680
13, 757
21, 439
65, 220
26,163
33, 823
65, 743

Amount
of claims
proved

Dollars
324,894
1,142,006
85,367
577,675
271,445
454, 536
122,185
1,018, 345
774, 671
68,315
734, 677
154,993
411, 453
534, 409
1, 218,140
690, 280
230, 949
284, 308
84, 293
3,144, 067
467, 209
183,173
129, 539
121,192
51, 820
104,373
1, 965, 437
2,166, 620
333, 503
119, 203
542, 337
107,115
142, 040
120, 757
423, 629
2,183, 558
808, 684

Dividends
(percent)

Interest
dividends
(percent)

Date finally
closed or
restored to
solvency

33.3333
40
38
25
45
64
36
15
25
22 5
35
32
80
16. 6666
15
28
40
65
70
10
22.5
15
39
23
28
25
12.5
42.5
33. 3333
J u n e 15,1933

120, 459
51, 961
309, 210
111, 686
401, 217
1, 514, 794
316, 946
1,827,151
191, 993
37, 250
254, 866
65,405
39, 506
73,039
67,988
63, 945
103, 903
110, 240
133, 418
88, 876
310, 006
27, 093
55, 556

103
306
4,307
55
12, 528
8,075
12,168
8,057
851
557
115
5,655
746
11,236
606
1,712
1,044
370
930




13, 000
7,855
18, 016
9,580
22, 408
47, 873
18, 763
65, 937
25, 815
3,968
15, 795
10, 053
5,884
14, 230
7,594
9,885
10, 087
13, 626
13, 298
5,492
15, 669
6,279
7,904

22, 587
25, 994
101, 722
14,128
107, 632
19, 064
12, 009
88, 781
28, 507
173
15, 601
4,355
4,650
80, 394
5,668
16, 071
7,509
31, 712
85, 877
2,583
10, 002
12, 797
2,683

105, 424
360, 354 20
1, 372, 519 37.5
168,811 37. 6666
925, 332 55
2, 706, 422 37
1, 012, 025 20
3, 371, 028 9 40
692,181 25
213,134
246,194
199, 085
360, 320
255, 792
352,486
412, 564
379, 595
428, 684
258,912
710,112
136,170
323,952

33. 3333
10
42
22.5
28. 3333
7
52.3
50
21.25
30
7

2050
2051
2052
2053
2054
2055
2056
2057
2058
2059
2060
2061
2062
2063
2064
2065
1066
2067
2068
2069
2070
2071
2072
2073
2074
2075
2076
2077
2078
2079
2080
?081
2082
2083
2084
2085
2086
2087
2088
2090
2091
2092
2093
2095
2096
2097
2098
2099
2100
2101
?,10?
2103
2104
2105
2106
2107
2108
2109
2110

292

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 43.—National banks in charge of receivers during year ended Oct. 81,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other

Name and location of banks

First National Bank, Northwood, Iowa
Boise City National Bank, Boise, Idaho
First National Bank, Gulfport, Miss.1
First National Bank, Eldora, Iowa
First National Bank, Ackley, Iowa
First National Bank, Milton, N.Dak
First National Bank, Aurora, 111.1
First National Bank, Mount Olive, 111.1
First National Bank & Trust Co., in Pontiac, Mich.1.
National Bank of Unionville, Unionville, Mo
First National Bank, Sevierville, Tenn
First National Bank, Silverton, Oreg
First National Bank, Indianola, Iowa__
First National Bank, Lawrenceville, 111
Twin City National Bank, Bluefield, Va
First National Bank, George West, Tex
First National Bank, Marengo, 111
Broadway National Bank of Chicago, Chicago, HI.1.
Citizens National Bank, Indiana, Pa
Parma National Bank, Parma, Idaho
First National Bank, Northboro, Iowa
First National Bank, Yukon, Pa
Ashland National Bank, Ashland, Ky.1 1
American National Bank, Gillespie, 111.
Springfield National Bank, Springfield, Pa
First National Bank, Cairnbrook, Pa
First National Bank, Wendell, Minn
First National Bank, Peetz, Colo___
First National Bank, Emporium, Pa
First National Bank, Frazee, Minn
First National Bank, Letcher, S.Dak 1
Central National Bank, Decatur, Ala.
Brown National Bank, Jackson, Minn
Citizens National Bank, Wessington, S.Dak
First National Bank, Vincennes, Ind
Andalusia National Bank, Andalusia, Ala
Liberty National Bank, Dickson City, Pa
First National Bank, Lewisville, Ind
First National Bank, Mazon, Ill_.
First National Bank, Egan, S.Dak
First National Bank, Story City, Iowa
First National Bank, Wyoming*, Iowa i 1
First National Bank, Gormania, W.Va.
First National Bank in Greensburg, Kans
First National Bank, Scappoose, Oreg
Homer City National Bank, Homer City, Pa
First National Bank, Reynolds, Ga
First National Bank, Palestine, 111
First National Bank, La Grande, Oreg.3
First National Bank, Springfield, Oreg
Masontown National Bank, Masontown,
Pa.1
First National Bank, Portsmouth, Va.1
United States National Bank, Deer Lodge, Mont__.
1
McDowell County National Bank, Welch, W.Va.
.
Schmelz National Bank, Newport News, Va.1
National Citizens Bank, Lake Benton, Minn
First National Bank, Crosby, N.Dak
First National Bank, Flandreau, S.Dak
First National Bank, St. Francis, Kans
Farmers National Bank, Gonzales, Tex
Diamond National Bank, Pittsburgh, Pa
Footnotes at end of table, pp. 318, 319.

2111
2112
2113
2114
2115
2116
2117
2118
2119
2120
2121
2122
2123
2124
2125
2126
2127
2128
2129
2130
2131
2132
2133
2134
2135
2136
2137
2138
2139
2140
2141
2142
2143
2144
2145
2146
2147
2148
2149
2150
2151
2152
2153
2154
2155
2156
2157
2158
2159
2160
2161
-2162
2163
2164
2165
2166
2167
2168
2169
2170
2171




Capital
stock at
date of
failure

Dollars
50,000
375,000
400,000
50, 000
50,000
25, 000
300, 000
70, 000
600, 000
40,000
60,000
35,000
50,000
100,000
50, 000
50, 000
50, 000
200, 000
50, 000
25,000
25, 000
30,000
800, 000
50, 000
50, 000
25,000
50, 000
25, 000
200, 000
30,000
25, 000
200,000
40,000
30,000
200,000
200,000
100, 000
35, 000
50, 000
25,000
75,000
50,000
25, 000
40, 000
25, 000
50,000
25,000
25, 000
125, 000
25,000
100, 000
300,000
100,000
250,000
400,000
25,000
25,000
40, 000
25,000
100, 000
600, 000

Date receiver
appointed

Aug. • 8,1932
Aug. 9,1932
do_
Aug. 10,1932
do
Aug. 11,1932
Aug. 12,1932
do
do
Aug. 13,1932
do
Aug. 15,1932
Aug. 20,1932
Aug. 22,1932
do
Aug. 24,1932
Aug. 29,1932
Sept. 7,1932
Sept. 12,1932
do
Sept. 16,1932
Sept. 20,1932
Sept. 22,1932
do
do.
Sept. 23,1932
do
Sept. 24,1932
do
Sept. 26,1932
Sept. 27,1932
Oct. 1,1932
Oct. 3,1932
do
do

Oct. 5,1932
Oct. 6,1932
Oct. 8,1932
do
Oct. 10,1932
.do.
Oct. 11,1932
do
Oct. 12,1932
Oct. 18,1932
.do
Oct. 20,1932
do
Oct. 22,1932
.do.
Oct. 24,1932
do
.
Oct. 25,1932
.do
Oct. 27,1932
Oct. 28,1932
Nov. 1,1932
Nov. 3,1932
do
Nov. 4,1932
Nov. 14,1932

REPORT OF THE COMPTROLLER OF THE CURRENCY

293

1983, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Progress of liquidation
to date of this report

Book value of assets at date of
failure

Estimated
good

Estimated
doubtful

Estimated
worthless

Total
Additional
assets
assessment
received
upon
sharesince date
holders
of failure

Total assets
and stock
assessment

Cash collections
from
assets

Cash collections
from
stock
assessment

Dollars
66,934
1,539,386
155, 202
178,309
53,678
6,739
11,056
200
2,121,421
46,786
113,344
101,431
122, 020
130, 094
78,637
58,150
68, 667

Dollars
193,613
886,087
1,843,020
314,474
377,937
77,942
201, 536
196,850
4,023,021
96, 572
155, 528
167, 693
384, 855
564, 870
90,913
191,640
505,930

Dollars
28,066
616, 544
809, 517
29,119
79, 749
10,860
845, 904
3,151
381,190
6,817
63, 387
40, 720
8,526
107, 030
23, 284
60, 008
191, 888

Dollars
19,693
404,008
30, 690
64, 077
80, 643
3,092
11,363
7,622
337, 434
18,789
6,100
18, 696
24,925
39, 480
1,626
26,141
18,452

Dollars
50,000
375,000
400,000
50,000
50,000
25,000
300,000
70,000
600,000
40,000
60,000
35, 000
50, 000
100, 000
50,000
50, 000
50, 000

Dollars
358,306
3,821,025
3, 238, 429
635, 979
642, 007
123, 633
1,369,859
277, 823
7, 463,066
208, 964
398, 359
363, 540
590, 326
941, 474
244, 460
385, 939
834,937

Dollars
59,949
1,092, 380
293, 276
235,191
214,146
9,215
50,379
17, 227
1, 428, 795
60, 637
74, 779
95,137
280, 564
246, 587
37, 842
100, 560
261, 870

Dollars
16, 238
27,311
219,553
18, 233
5,708
1,500
68,123
33,412
117,038
18, 643
31, 762
3,895
24, 475
21, 374
4,852
299
8,500

156,328
64,176
41, 284
19,981
3,612
704
50, 557
26, 804
32, 606
28,658
206, 265
78, 455
27,106
7,672
35, 867
58, 486
160, 603
130, 032
145, 749
165, 955
46,170
33 368
170[ 923
2,344

60,918
10, 843
47,103
1,334
475,155
75,168
18, 001

77, 282
2,622
23, 368
7,994
254,105
1,382
3,855
17,188
5,024
2,468
240,835
6,134
15,128
4,697
6,634
13, 078
127, 885
74,311
4, 553
7,881
18, 472
7,684
24, 712
1,802
3,846
20, 024
10, 886
77, 033
11, 209
6,341

50, 000
25, 000
25, 000
30, 000
800, 000
50, 000
50, 000
25 000
50, 000
25, 000
200, 000
30, 000
25, 000
200, 000
40, 000
30, 000
200, 000
200, 000
100,000
35,000
50,000
25, 000
75, 000
50,000
25, 000
40, 000
25,000
50,000
25, 000
25, 000

986,105
185,376
234,403
183,477
1,923,151
198, 398
234, 667
354, 522
224,170
135, 264
2, 030, 779
415, 535
167, 242
728, 474
303, 475
288, 412
1,936, 825
1, 821, 978
631, 700
396, 862
236, 301
206, 999
663, 725
112, 649
68, 751
371,941
205, 238
652, 498
181, 833
288, 523

210,941
54,124
46, 313
44, 691
30, 231
7,939
38, 973
154, 392
61, 823
40, 614
341, 519
149, 421
33, 755
18, 293
85, 225
34, 283
544,434
166, 492
109,821
69, 448
44, 851
29, 717
153, 243
8,451
8,943
101, 838
22, 676
109, 773
17,309
43,104

2,875
4,041
3,000
109
283, 260
6,198
3,564
17, 297
16, 241

107,854
33, 682
122, 878
27,142
51, 232

641, 577
82, 735
97, 648
124,168
390, 279
71,144
112, 254
285, 530
105, 342
70, 573
1, 093, 224
285, 646
88,927
269, 840
193, 410
167, 993
957, 864
947, 336
321, 802
139,143
108, 258
96, 730
373, 854
27, 376
39,905
188, 283
112, 056
399, 314
92, 055
163, 809

40,387

64,542

7,160

112, 254

362,972
32,864

221,667
465,372

27, 718
30,876
109, 686
88,499
148,986
2,948, 789

180, 075
108, 887
276, 616
231,042
401, 543
8, 739, 428

49,586
26,144
34, 388
236
65, 781
1, 728, 560

11,898
7
610
100, 336
58,105
2,950
5,731
1,195
65,386
13, 858
32, 498
799, 225

25,000
100, 000
300, 000
100,000
250,000
400, 000
25, 000
25, 000
40,000
25, 000
100,000
600,000

148, 987
100, 007
300,610
897, 229
806, 341
402,950
288,110
192,102
526, 076
358, 635
748, 808
14, 816, 002

54,365
7
610
228, 675
27,106
2^950
80,999
6,430
147, 630
160,164
223,473
5,056, 271

7,150
1, 550
53* 64C
16,931
184, 675
266,905
1,925
100
7,706
13, 285
50,087
323,896




31,198
8,565
290,455
15, 300
11, 081
246, 265
27, 564
18, 855
490, 473
470, 299
59, 596
48, 883
13, 401
44, 217
19, 236
31,127
15, 780
23, 614
3,273
26, 427
42,141

36, 461
6,900
50
43, 015
22, 286
1,500
102, 233
3,400
11, 777
12, 700
15, 604
500
10,969
13,330
16,182
6,124
4,300
23, 087
4,550
11,119

2111
2112
2113
2114
2115
2116
2117
2118
2119
2120
2121
2122
2123
2124
2125
2126
2127
2128
2129
2130
2131
2132
2133
2134
2135
2136
2137
2138
2139
2140
2141
2142
2143
2144
2145
2146
2147
2148
2149
2150
2151
2152
2153
2154
2155
2156
2157
2158
2159
2160
2161
2162
2163
2164
2165
2166
2167
2168
2169
2170
2171

294

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 43.—National banks in charge of receivers during year ended Oct. 31,
total assets at date of failure and additional assets acquired subsequent thereto,
offsets allowed together with the disposition of such collections, and various other
Progress of liquidation to date of this report—Continued
Total
collections
from all
sources,
Unpaid Offsets including
balance allowed offsets alR.F.C. and set- lowed
tled
loan
and unpaid balance
R.F.C.
loan

2111
2112
2113
2114
2115
2116
2117
2118
2119
?,\?,0
2121
2122
2123
2124
?1?,5
2126
2127
2128
2129
2130
2131
213?
2133
2134
2135
2136
?,137
2138
2139
2140
2141
2142
2143
2144
2145
2146
2147
2148
2149
2150
2151
2152
2153
2154
2155
2156
2157
2158
2159
2160
2161
216?
2163
2164
2165
2166
2167
2168
2169
2170
2171

Loss on
Book
assets
value of
Book
comvalue of remainpounded remaining
ing un- To se- To unor sold uncollected collected
under
stock
as- cured secured
assets
crediorder of
sessment creditors
tors
court

Dollars
10,835
90,912
1,572
32,316
82, 890

246, 545
61, 357
51,557
49, 382
315,921
14,146
49, 633
173,092
78, 382
40, 955
406, 229
169, 923
35, 526
66, 560
128, 667
36,337
793,141
187, 504
132, 784
91,054
65, 840
31, 986
203, 214
21, 781
25,125
123, 489
31,489
165, 826
22,972
78,404

59,461

3,700
28, 500
3,400

22, 200

22, 729
3,192
2,244
4,582
2,430
7,096
1,403
318
341
28, 249
13, 602
1, 721
5,252
21,156
554
146,474
17, 612
11,186
8,906
1,685
1,769
10, 502
12,127
4,513
32, 966
1,113
1,981
5,733
14, 826

7,800

7,712
391
14,883
5,171
6,340
781, 230

67, 248
1,557
54, 250
260,432
211, 781
269,855
90, 636
6,921
178,019
178, 620
279, 900
6,161,397

Dividends paid
by receivers

Conservators'
distributions

Dollars
Dollars
Dollars
87,015
5,000
5,828
137,367 1,257,058
512, 829
11,392
264,816
5,675
225, 529
535
11, 250
118, 502
51,427
788
1,545,833
85, 753
6,473
119,955
13,414
103, 577
4,545
339, 944
29, 205
5,700
289, 272
21,311
43, 831
1,137
119, 701
18,842
296,414
21, 644
4,400
10,000

Disposition of proceeds of liquidation

17, 995
5,369
246
15,027
42, 615
50, 832
9,648
1,091
84, 570

Dollars
Dollars Dollars Dollars
231,694
33,762
2,125, 366 347, 689
2, 543, 581
180,447
307,080
31, 767
289, 296
44, 292
88,883
23,500
1,001, 485 231, 877
184,439
36, 588
5,434, 271 482,962
101, 854
21,357
249,920
28, 238
213, 831
31,105
187,942
25, 525
522, 744
78, 626
145,833
45,148
215,446
49, 701
416, 853
41, 500

55,085
150
3,641

642, 974
103, 060
143, 805
83,167
1,090, 490
129,843
109,412
136,997
107, 067
69, 309
1,242,400
189, 237
106, 679
504,929
142, 594
223, 575
960, 720
1,434, 337
410, 693
270,340
119,113
150, 513
410,926
54,198
34, 748
217, 256
153, 049
404, 674
138, 261
214, 797

47, 123
20, 959
22,000
29, 891
516, 740
43,802
46,436
7,703
33, 759
25,000
163, 539
23,100
24, 950
156, 985
17, 714
28, 500
97, 767
196, 600
88, 223
22,300
34, 396
24,500
64,031
36, 670
8,818
33,876
20,700
26,913
20, 450
13,881

5,253

58, 636

45, 622
529, 235

508,106

7,522
2,909
24,742
57, 521
37,011
905,199

166, 877
157, 372
298,821
110, 779
381,984
7,473,302

17, 850
98, 450
246, 360
83,069
65, 325
133,095
23, 075
24, 900
32, 294
11,715
49,913
276,104

17,041
21,037
10, 607
29,186
36, 730
4,962
218, 611
33, 275
87
14,500
85,197
3,537
13,168
20, 652
14,054
60
720

Footnotes at end of table, p. 318, 319.



On secured
claims

On unsecured
claims

Dollars
27,589
253,236

Dollars
16,914
209,109

~~~154~194
96, 253
41,876
29, 858
80,308

75

~"~36,~645
50, 542
22,066
126, 630
74, 349
6,628
1,697

2,773
2,762

148, 695
9,347
4,894

63, 920
8,136

263, 244

1,122

7,469

8,650
53,236
9,038
171,332
51, 702

30,456
11,427

18, 362

6,762

73, 775

9,401
2,569

21,196
19, 248
77, 247

10,185
11 445
7,911
13, 265

10, 704
4,601
44, 398
37, 606

18,170
39, 559

36, 279
401
28, 626
37, 857
265,012

9

8,533
57, 470
65, 445
16, 636
45,417
289,116 9 3,134,161

295

KEPOKT OF THE COMPTROLLER OF THE CURRENCY

1933, dates of appointment of receivers and final closing, with nominal amounts of
capital stock and stock assessments, amounts collected from all sources including
data indicating the progress or results of liquidation to Oct. 31, 1933.—Continued
Disposition of proceeds of liquidation—Continued

Secured
and preCash in
Receivferred lia- Cash adbilities paid vanced in Conser- ers' sal- hands of
comparies,
except
vators' legal and
protectroller
through
tion of expenses
and reother
dividends,
assets
expenses ceivers
including
offsets
allowed

Dollars
Dollars
Dollars
3,123
42, 986
1,149
842, 766
4,098
282, 921
90, 312
485
98, 382
8,406
95
12, 062
15,857
17, 744
1,427, 464
25,867
40, 617
171
55,196
71
195,955
2,704
182, 674
10, 774
27,805
858
76, 770
23
123,125
1,478
153,209
41, 544
35,106
44,068
22,931
5,732
31, 652
80, 554
49, 549
37, 542
184,773
75, 355
26, 009
21,493
88,162
30,121
629,195
137,457
86, 614
42,124
36,718
27, 390
108,995
8,318
8,820
91, 589
17, 543
77,163
11,409
34,790

319
3
19
20
2,002
2,327
47
787
529
739
66
42
942
2,884
823
1,518
134
28
508

41
343
1,876
352

Amount
of claims
proved

Dividends
(percent)

Dollars
Dollars
5,808
7,509
107,193
35,800
10, 878
5,823
9,981
10, 329
22, 055
8,354
263
2,486
40,102
8,530
1,025
2,800
35, 336
2,725
17,838
5,403
16, 780
9,072
13,905
9,577
4,522
10,133
12,483
8,992
2,496
4,347
33, 802
9,106
7,805
15, 311

Dollars
185,180
1, 623, 058
2,182, 565
328, 096
370, 378
42, 488
571,194
199, 053
5, 353,