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SEVENTY-EIGHTH ANNUAL REPORT
OF THE

Comptroller of the Currency
COVERING THE YEAR ENDED

OCTOBER 31, 1940

UNITED STATES
GOVERNMENT PRINTING OFFICE
W A S H I N G T O N ; 1941

F o r sale b y t h e Superintendent of D o c u m e n t s , Washington, D . C . - - - - - - - - - - -




- Price $1.00 cloth




TREASURY DEPARTMENT

Document No. 3112
Comptroller of the Currency

II

CONTENTS
Page

Summary
Legislation recommended
Structural changes in the national banking system
Branches
Changes in principal items of assets and liabilities of national banks in the
year 1940
Earnings, expenses, and dividends of national banks for year ended December 31, 1939
Size of national banks
Affiliates and holding company affiliates of national banks
National banks in the trust
field
National bank notes outstanding
Banks in the District of Columbia
Building and loan associations in the District of Columbia
District of Columbia credit unions
Export-Import Bank of Washington
Changes in principal items of assets and liabilities of State and private
banks, year ended June 30, 1940
Distribution of all banks
_
Reports from national banks
Examination of national banks
Liquidation of insolvent national banks
Issue and redemption of notes
Retirement system
Personnel
Expenditures of the Currency Bureau

1
5
6
8
11
14
22
22
23
24
24
30
30
31
31
34
38
38
39
46
46
46
47

APPENDIX
TABLES

No. 1. Comptrollers and Deputy Comptrollers of the Currency since 1863.
No. 2. Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, October 31, 1940
No. 3. Number of national banks organized since February 25, 1863, number passed out of the system, and number in existence October
31, 1940
No. 4. National banks reported in liquidation from November 1, 1939, to
October 31, 1940, the names where known, of succeeding banks
in cases of succession, with date of liquidation and capital
No. 5. National and State banks consolidated in the year ended October
31, 1940, under act of November 7, 1918, as amended February
25, 1927, and June 16, 1933
No. 6. Number and capital of State banks converted into national banking associations in each State and Territory from 1863 to October
31, 1940
No. 7. Conversion of State banks and primary organizations as national
banks from March 14, 1900, to October 31, 1940
No. 8. Number of national banks increasing their capital stock, together
with the amount of increase monthly for years ended October
31, since 1935
_
"
No. 9. Number and authorized capital of national banks chartered and the
number and capital stock of banks closed in each year ended
October 31, since 1913, with the yearly increase or decrease
in




51
51
53
53
55
56
56
57
58

IV

CONTENTS
Page

No. 10. 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, 1940
58
No. 11. Changes of corporate title of national banks, year ended October
31, 1940
60
No. 12. National banks chartered during the year ended October 31, 1940_
60
No. 13. National banks for which increase of capital has been authorized
under act of March 9, 1933, as amended, by the issuance of preferred stock which was purchased by the Reconstruction Finance
Corporation unless otherwise noted, together with the amount of
increase, and the rate of dividend, etc., during the year ended
October 31, 1940
61
No. 14. National banks chartered which are conversions of State banks
during the year ended October 31, 1940
62
No. 15. National banks by States and geographical divisions, organized,
failed, and reported in voluntary liquidation during the year
ended October 31, 1940
63
No. 16. Number and classification of national banks chartered monthly
during the year ended October 31,1940
65
No. 17. Dates of reports of condition of national banks, 1914 to 1940
65
No. 18. Assets and liabilities of national banks, by States, at date of each
call during year ended October 31, 1940
!
* 67
No. 19. Principal items of assets and liabilities of national banks classified
according to deposits, June 29, 1940
122
No. 20. Foreign branches of American national banks, June 29, 1940
140
No. 21. Consolidated statement of assets and liabilities of foreign branches
of national banks, June 29,1940
141
No. 22. Fiduciary activities of national banks during year ended June 30,
1940, segregated according to capital
142
No. 23. Fiduciary activities of national banks by Federal Reserve districts
as of June 29,1940
144
No. 24. Classification of investments in living and court trust accounts
under administration by the active national bank trust departments, segregated according to capital as of June 29,1940
144
No. 25. Earnings, expenses, and dividends of national banks for the year
ended December 31, 1939
145
No. 26. Earnings, expenses, and dividends of national banks, by Federal
Reserve districts, for the year ended December 31, 1939
154
No. 27. Earnings, expenses, and dividends of national banks for the period
of 6 months ended June 30,1940
157
No. 28. Earnings, expenses, and dividends of national banks, by Federal
Reserve districts, for the period of 6 months ended June 30,
1940
164
No. 29. Earnings, expenses, and dividends of national banks, by size of
banks, year ended December 31, 1939, summary covering the
entire country
166
No. 30. Earnings, expenses, and dividends of national banks, by size of
banks, for the year ended December 31, 1939, by Federal
Reserve districts
168
No. 31. Earnings, expenses, and dividends of nonmember national banks,
by size of banks, for the year ended December 31,1939
192
No. 32. Number of national banks, capital stock, capital funds, net
addition to profits, dividends and ratios, calendar years 1929
to 1939 and years ended June 30, 1929, to 1940
194
No. 33. National bank investments in United States Government securities and other bonds and securities, loans and discounts, and
losses charged off on account of bonds and securities and loans
and discounts, calendar years 1929 to 1939 and years ended
June30,1929, to 1940
195
No. 34. Assets and liabilities of all banks in District of Columbia at date
of each call during year ended October 31, 1940
196
No. 35. Assets and liabilities of savings and State banks in District of
Columbia at date of each call during year ended October 31,
1940
197
No. 36. Assets and liabilities of trust companies in District of Columbia
at date of each call during year ended October 31, 1940
198



No. 37. Earnings, expenses, and dividends of banks in the District of
Columbia for the 6-month periods ended June 30, 1940 and 1939_
No. 38. Capital, capital funds, net addition to profits, and interest and
dividends of all banks in the District of Columbia, calendar
years 1926 to 1939 and years ended June 30, 1919 to 1940
No. 39. Loans and investments and losses charged off on loans and investments by all banks in the District of Columbia, calendar years
1926 to 1939 and years ended June 30, 1919 to 1940
No. 40. Individual statements of assets and liabilities of the 26 building
and loan associations in District of Columbia, December 30,
1939
No. 41. Summary of assets and liabilities December 30, 1939, and receipts
and disbursements in year ended December 31, 1939, of the 26
building and loan associations in District of Columbia
No. 42. Individual statements of assets and liabilities of the 25 District
of Columbia credit unions, December 30, 1939
No. 43. Summary of assets and liabilities December 30, 1939, and receipts
and disbursements in year ended December 31, 1939, of the
25 District of Columbia credit unions.
No. 44. Officials of State banking departments and number of each class
of active banks under their supervision in June 1940
No. 45. Assets and liabilities of all active banks in the United States and
and possessions, June 1940
No. 46. Assets and liabilities of active State (commercial) banks, June 29,
1940
No. 47. Assets and liabilities of active mutual savings banks, June 29,
1940
No. 48. Assets and liabilities of active private banks, June 29, 1940
No. 49. Assets and liabilities of all active banks other than national, June
29, 1940
No. 50. Assets and liabilities of active national banks, June 29, 1940
No. 51. Savings deposits and depositors in allvactive banks in the United
States and possessions, according to classes of banks, on or
about June 29, 1940
No. 52. Per capita demand and time and savings deposits in all active
banks, June 29, 1940
No. 53. Assets and liabilities of operating insured commercial banks,
by classes, June 29, 1940
No. 54. Assets and liabilities of all active banks in the United States and
possessions, by classes, December 30, 1939
No. 55. Assets and liabilities of all active banks in the United States and
possessions, December 30, 1939
No. 56. Assets and liabilities of active State (commercial) banks, December 30, 1939
No. 57. Assets and liabilities of active mutual savings banks, December
30, 1939
No. 58. Assets and liabilities of active private banks, December 30, 1939_
No. 59. Assets and liabilities of all active banks other than national,
December 30, 1939
No. 60. Assets and liabilities of active national banks, December 30, 1939_
No. 61. Assets and liabilities of all active banks, June 30, 1920, to 1940__
No. 62. Assets and liabilities of all active banks others than national,
June 30, 1920, to 1940
____!
No. 63. Assets and liabilities of all active national banks, June 30, 1920,
to 1940
No. 64. Federal Reserve notes, segregated by series, printed, shipped,
and canceled, issued to banks, retired, and destroyed since
organization of the banks, with balance in vaults and amount
outstanding October 31, 1940
No. 65. Loans on and purchases of preferred stock of national banks disbursed by the Reconstruction Finance Corporation from
March 9, 1933, to June 30, 1940, inclusive, and outstanding as of
June 30, 1940
No. 66. Loans made by the Reconstruction Finance Corporation to aid in
the reorganization or liquidation of closed national banks from
February 2, 1932, to June 30, 1940



Page

199
200
202
203
205
206
207
208
210
222
232
237
242
252
262
264
265
267
270v
280
290
295
<
300
310
320
321
322
323
326
327

VI

CONTENTS
Pag*

No. 67. Summary of unlicensed national banks in the United States, and
nonnational banks in the District of Columbia, on March 16,
1933, and unsecured liabilities released to June 30, 1940,
grouped in accordance with final disposition
No. 68. National banks in charge of receivers during year ended October 31,
1940, dates of organization, appointment of receivers and final
closings, with nominal amounts of total assets and total liabilities
at date of failure, capital stock and stock assessments, amounts
collected from all sources, including offsets allowed and earnings
together with the disposition of such collections, and various other
data indicating the progress and results of liquidation to October
31, 1940
No. 68-A. District of Columbia State chartered banks and banks incorporated under the laws of the District of Columbia, under the
supervision of the Comptroller of the Currency, in charge of
receivers during year ended October 31, 1940, dates of organization, appointment of receivers, and final closing, with nominal
amounts of total assets and total liabilities at date of failure,
capital stock and stock assessments, amounts collected from
all sources, including offsets allowed and earnings, together with
the disposition of such collections, and various other data indicating the progress and results of liquidation to October 31,
1940
No. 69. Annual liquidation cost—national bank receiverships, 1925-40__
No. 70. Total deposits, percentage amounts of dividends paid, cost of
liquidation and average time required to complete liquidation,
insolvent national banks completely liquidated and finally
closed, by years, 1925-40
No. 71. National banks restored to solvency after having been placed in
charge of receivers, from the date of the first national-bank
failure in 1865 to October 31, 1940
No. 72. National banks placed in charge of receivers after having been restored to solvency following a previous failure, from the date
of the first national-bank failure, April 14, 1865, to October 31,
1940
No. 73. Dividend payments, total returns to all creditors and cost of
liquidation, insolvent national banks to October 31, 1940
No. 74. Summary of status, progress, and results of liquidation of all
national banks placed in charge of receivers from the date of
the first national bank failure, April 14, 1865, to October 31,
1940
No. 75. National banks placed in charge of receivers, by years, since 1865,
the number of active receiverships November 1, 1940, and
the number of receiverships terminated by restoration to solvency and through liquidation to November 1, 1940, together
with various data indicating the results of liquidation for those
receiverships closed through liquidation
No. 76. National banks placed in charge of receivers, by States, since
1865, the number of active receiverships November 1, 1940,
and the number of receiverships terminated by restoration to
solvency and through liquidation to November 1, 1940, together
with various data indicating the results of liquidation for those
receiverships closed through liquidation
No. 77. Bank suspensions, by States, in the year ended June 30, 1940
No. 78. Bank suspensions, by States, in the 6 months ended December 31,
1939
No. 79. Bank suspensions, by States, in the 6 months ended June 30, 1940_
No. 80. Bank suspensions, years ended June 30, 1864 to 1940
No. 81. Bank suspensions, years ended December 31, 1921 to 1939
No. 82. Bank suspensions since inauguration of Federal Deposit Insurance,
January 1, 1934, to June 30, 1940
No. 83. Bank suspensions since inauguration of Federal Deposit Insurance,
years ended December 31, 1934, to 1939
Table "R". Statements of assets and liabilities of the individual national
banks at close of business December 31, 1940, arranged alphabetically by States, Territories, and towns. (Omitted from this
report and published as a separate table.)




328

330

432
438
438
439
441
442
443

446

450
454
455
456
457
458
459
460

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

Washington, D. C, January 3, 1941.
In accordance with the provisions of section 333 of the
United States Revised Statutes, I have the honor to submit the
following report covering the activities of the Bureau of the Comptroller of the Currency for the year ended October 31, 1940.
Respectfully,
SIRS:

PRESTON DELANO,

Comptroller oj the Currency.
THE PRESIDENT OF THE SENATE.
THE SPEAKER OF THE HOUSE OF REPRESENTATIVES.




ANNUAL REPORT
OF THE

COMPTROLLER OF THE CURRENCY
The National Banking System on October 31, 1940, was made up of
5,167 national banking associations. On the above date national
banks were operating 1,615 branches, making the total number of
banking offices in the National Banking System 6,782.
During the 12-month period ended October 31, 1940, 19 charters
were issued for national banks, of which 3 were newly organized, 11
were conversions of State-chartered institutions, and 5 were reorganizations. Applications were rejected for 3 new national banks and 2
State-bank conversions.
The number of branches operated by national banks was increased
by 21 during the year. Forty-two were brought into the System,
but 21 were relinquished.
While the number of banks in the System declined by 38 during the
year, the increase in deposits and the conversion into national banks
of several large State banks brought higher total resources into the
System, and resulted in larger average units. On June 30, 1940, for
instance, the average size of national banks according to deposits was
$6,400,000 as against $5,700,000 a year earlier.
The aggregate common capital stock of 5,167 national banks on
October 31, 1940, was $1,329,358,375. Preferred stock outstanding
totaled $203,757,468, of which $164,031,082 was owned by the
Reconstruction Finance Corporation. During the year covered by
the report, the combined common capital stock in the National
Banking System was increased by a net amount of over $6,000,000.
The national banks were able to make net retirements during the
same period of more than $35,000,000 of preferred stock.
A comparison of the assets and liabilities of the banks in the
National Banking System on June 30, 1939, and on June 29, 1940, is
shown in the following table:




BEPOKT OF THE COMPTROLLER OF THE' CURRENCYComparison of 'principal items of assets and liabilities of national banks, June 80,
1989, and June 29, 1940
[In thousands of dollars]
June 30,1939 June 29,1940
5,209
ASSETS

Commercial and industrial loans
Real-estate loans
All other loans, including overdrafts
Total loans

U. S. Government obligations, direct and guaranteed
Other bonds, stocks, ajnd securities
Totalinvestments
Cash, balances with other banks, including reserve balances, and cash items
in process of collection
Other miscellaneous assets..
Total assets.

_

Demand deposits
Time deposits

LIABILITIES

Total deposits

Bills payable, rediscounts, and other liabilities for borrowed money
Other miscellaneous liabilities
Total liabilities

5,170

3,144,344
1,829,163
3, 600,196

3,604,072
2,002,852
3, 572,303

8,573, 703
8, 769, 729
3, 783,157

9,179,227
9, 111, 226
3, 794, 049

12, 552,886

12,905,275

11, 074,806
979,183

13,877,104
923,474

33,180,578

Number of banks

36,885,080

21,286,748
8,182, 721

24,719,328
8, 355,079

29,469,469
3, 540
318,057

33,074,407
2,910
331,322

29, 791,066

33,408, 639

1, 562, 956
1,170,822
655, 734

1, 534,649
1,249, 961
691,831

CAPITAL ACCOUNTS

Capital stock
Surplus
Undivided profits and reserves
Total capital accounts
Total liabilities and capital accounts

3,389, 512

3,476,441

33,180, 578

36,885,080

From this table it can be seen that during the 12-month period it
covers, commercial and industrial loans increased by $459,700,000
while total loans and discounts were $605,500,000 higher at the end
of the period than at the beginning. Total investments increased from
$12,552,900,000 to $12,905,300,000. Investments in direct and guaranteed obligations of the United States Government show an increase
of $341,500,000. On the liability side total deposits were up $3,604,900,000. It will be noted that cash resources were high and borrowings
small on both dates.
During the 12 months ended October 31, 1940, 53 national banks
went into voluntary liquidation. Of these, 13 were absorbed or succeeded by other national banks, 32 were absorbed or succeeded by
State banks and 8 were completely terminated. No national banks
were placed in receivership during the year. Loans and purchases of
assets by the Federal Deposit Insurance Corporation aggregating
$5,638,000 were made in the case of 7 national banks in connection
with the assumption of their deposit liabilities by other banks.
During the first 6 months of the calendar year 1940 the gross earnings of national banks were $426,000,000, an increase of $10,000,000
over the first 6 months of 1939. The net additions to profits before
dividends for the first 6 months of 1940 were at the rate of 17.02 percent per annum of common capital stock and at the rate of 6.50 percent per annum of total capital funds. Dividends on common stock
were at the rate of 9.72 percent per annum on the common stock and



KEiFORT OF THE COMPTROI^LEIR OF THE CUBBEN1GY

3

3.94 percent per annum on total capital funds, exclusive of preferred
stock. One thousand two hundred thirty-seven national banks paid
no dividends during the 6 months ended June 30, 1940. The principal items of income and expense for the two 6-month periods are
shown in the table below:
Earnings, expenses, and dividends of national banks for 6-month periods ended
June 30, 1939 and 1940
[In thousands of dollars]
6 months ended June 30—
1939

Number of banks *

1940

5,209

5,170

188,366
150, 505
77,168

201,012
142,063
82,933

416,039

426,008

123, 382
58,902
27, 400
80,139

126, 953
53,586
32,159
83,558

Total

289,823

296, 256

Net operating earnings

126,216

129, 752

17, 030
17,853
84, 517
4,591

17,267
17,618
53, 286
7,693

Gross earnings:
Interest and discount on loans ,
. . .
Interest and dividends on bonds, stocks, and other securities
Other earnings

_ _ .._

Total
Expenses:
Salaries, wages, and fees
- - _
Interest on deposits and borrowed money. _
Taxes
.
«
Other expenses

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold
Allother__
___
Total

___ .

__ _
_
_..-..

123,991

95,, 864

_

250, 207

225,616

31, 540
58,807
11,582
9,408

29,631
54, 988
12,464
15,565

Total net operating earnings, recoveries, etc
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures _
Other losses and depreciation

_ -_

Total
Net addition to profits before dividends.
Dividends
1

111,337

_-

112,648

138,870
70, 216

112,968
68, 259

At end of period.

The trust departments of the national banks showed a normal increase in the individual trust field during the year. The fiduciary
activities of the national banks and the classification of the investment of trust funds are reported upon in detail in this report.
During the 12 months ended October 31, 1940, 12,213 examinations
of banks, 2,011 examinations of branches, 2,589 examinations of
trust departments, and 79 examinations of affiliates were conducted.
Twenty-two State banks were examined in connection with conversions to or consolidations with national banks. Investigations were
also conducted in connection with 10 applications for charters and
62 applications for new branches.
Upon three occasions during the year in accordance with section
5211 of the Revised Statutes the Comptroller called on national
banks for reports of their current condition.



4

REPORT OF THE COMPTROLLER OF THE CURRENCY

In addition to national banks, this report covers the activities of
nonnational banks and building and loan associations and nonFederal credit unions in the District of Columbia. It presents also
statistics on all banks in the United States as required by law.
There were no actual failures of national banks or appointments of
receivers of insolvent national banks for technical reasons during
the year ended October 31, 1940. This record as to actual failures
of national banks for the period is but the second instance in recent
years of an entire year without a single actual national-bank failure,
there having similarly been no actual failures during the year 1936.
The record for the current year of no actual or technical failures of
national banks is, however, the first instance thereof since 1881 and
but the fourth record of its kind since the first national-bank failure
in 1865. The 3 other years in which it was unnecessary to appoint
receivers in instances of either actual or technical insolvency of
national banks were 1870, 1871, and 1881.
The results of liquidation of insolvent national banks during the
year are strikingly evident both in the completion of liquidation and
final closing during such period of 112 or 30 percent of the 367 receiverships in process of liquidation at the beginning of the year,
and in liquidation accomplished in the remaining 255 receiverships
the affairs of which were still active as of October 31, 1940. The
termination of these 112 receiverships was accomplished with the
loyal cooperation of the receivers and their staffs who were placed
under constant pressure to bring the process of liquidation to a close.
Special attention has also been given during the year to the disposition through both public and private sales of the very considerable
volume of real-estate properties owned or held by lien in a majority
of the receiverships administered. Liquidation activity in this
direction resulted during the year in a 30-percent reduction in the
number of parcels of real estate held.
Very considerable progress has also been made in the liquidation of
securities, both those owned outright and those held under pledge as
security to the obligations of debtors. The total recoverable values
of all securities held are found to have been reduced approximately
30 percent in amount through liquidation accomplished during the
year.
The total proceeds of liquidation during the current year in all
receiverships amounted to approximately $48,000,000 and left estimated recoverable values in remaining assets of the 255 receiverships
still in process of liquidation as of October 31, 1940, amounting to
approximately $87,000,000. Incident to liquidation accomplished
during the year it was possible to authorize a 20-percent dividend
payment by the largest national bank to have ever been placed in
receivership, bringing to a total of 100 percent dividends paid by such
receivership. The dividend authorized in this instance was made
possible through a loan commitment from the Reconstruction Finance
Corporation in the amount of $40,000,000 and will result in the total
distribution of dividends amounting to $67,000,000.
In spite of the more difficult and complex problems of liquidation
involved in the receiverships of larger size still in liquidation, it is
believed that the majority of the 255 receiverships which remained in
process of liquidation as of October 31, 1940, will be completely liquidated and finally closed during the forthcoming year.



ftftFORT OF THE CO'MPTEOLLEIR OF THE CTTEiffiNICfY

5

LEGISLATION RECOMMENDED

Because specific questions with respect to banking legislation have
been asked in the questionnaire relative to Senate Resolution 125
to which answers are now being prepared, we shall submit at this
time only five legislative recommendations, all of which are deemed
to be appropriate for immediate congressional action either because
not related to the problems raised by the Senate Questionnaire, or
because of the urgency of the problems presented.
(1) Section 333 of Revised Statutes of 1873, as amended (U. S. C.
title 12, sec. 14) stipulates that the Annual Report of the Comptroller
of the Currency be made to Congress "at the commencement of its
session." This requirement has resulted in the report year being from
the end of one October to the end of the next October. However,
many of our statistical reports are as of the end of June or the end
of December. Moreover, the reports of the Board of Governors of
the Federal Reserve System and the Federal Deposit Insurance Corporation are on a calendar-year basis. For the sake of uniformity
and because of the greater usefulness of calendar-year statistics, we
recommend that the words quoted above be deleted from the aforecited statute.
(2) The Governor of the Farm Credit Administration is charged
with supervision of credit unions organized under the Federal Credit
Unions Act (U. S. C. title 12, sees. 1751 et seq.). The Comptroller
of the Currency supervises credit unions organized under the District
of Columbia Credit Unions Act (D. C. Code title 5, sees. 381 et seq.).
Whereas the Federal Credit Union system is Nation-wide, the District
of Columbia Credit Union system is limited to the city of Washington.
In order that there be uniformity of supervision over all credit unions
located in the District of Columbia, it is suggested that the functions
of the Comptroller with respect to District of Columbia credit unions
be transferred to the Governor of the Farm Credit Administration.
(3) The Federal Home Loan Bank Board exercises supervision over
Federal savings and loan associations organized under the Home
Owners' Loan Act of 1933 (U. S. C. title 12, sec. 1464). The Comptroller of the Currency supervises building and loan associations
organized under sections 41 et seq. of title 5 of the District of Columbia
Code. In order that there be uniformity of supervision over building
and loan associations located in the District of Columbia, it is recommended that the functions of the Comptroller with respect to District
of Columbia building and loan associations be transferred to the
Federal Home Loan Bank Board.
(4) In order to eliminate one of the undesirable features in the
banking field which has been revealed in congressional investigations
and which in April 1938 was made the subject of a recommendation
to Congress by the President of the United States, it is suggested
consideration be given to the enactment of legislation which will
prohibit the operation of banks by holding companies.
(5) Although in the vast majority of banks which are supervised by
the Comptroller of the Currency, there is no need for applying sanctions to enforce compliance with national banking laws and safe
and sound banking practices, from time to time situations arise
requiring the application of effective sanctions. The existing sanctions are either inadequate or too drastic for any but the most extreme



6

3EPOBT OF THE COMPTROLLER OF THE CURRENCY

cases, chiefly because they involve the termination or dissolution of
the association rather than the correction of a remediable evil in
banking operations or practices. Even the removal of bank officials
under the procedure outlined in section 30 of the Banking Act of 1933
would not always serve to bring about affirmative improvement of
criticized conditions in the institution.
It is extremely desirable that the functions of the Comptroller in
the supervision of national banks be implemented with a power
which would assure compliance with legal requirements and yet
would not seriously disrupt the financial structure of a community or
destroy a necessary and in most respects well-run banking institution.
It is therefore suggested that the Comptroller of the Currency be
authorized, in his discretion, to forbid a national bank to declare or
pay dividends on its capital stock until there has been satisfactory
compliance with his requirements. Responsibility for the legality
and propriety of each dividend should continue to rest upon the
board of directors of the particular bank as at present, except where
it affirmatively appears to the Comptroller that the declaration of a
dividend should not be permitted because of the existence of violations of law or unsafe or unsound banking practices which, if continued, would endanger the safety of the bank and its depositors.
It will be noted that the proposed measure would effectively accomplish its purpose and yet would not possess the drastic characteristics
of existing sanctions.
STRUCTURAL CHANGES IN THE NATIONAL BANKING SYSTEM
The authorized capital stock of the 5,167 national banks in existence
at the close of business on October 31, 1940, consisted of common
capital stock aggregating $1,329,358,375, a net increase during the
year of $6,062,955, and preferred capital stock aggregating $203,757,468, a net decrease during the year of $35,534,884.
Covering the entire period since the inception of the national banking system, February 25, 1863, to and including October 31, 1940,
14,440 national banking associations have been authorized to begin
business. Of these banks, 6,060 have gone into voluntary liquidation
in the manner provided by sections 5220 and 5221, U. S. R. S., paid
their depositors, and quit business or merged with other national and
State banks; and 412 have consolidated with other national banking
associations under authority of the act of November 7, 1918. Exclusive of banks which failed but subsequently were restored to solvency, loss to the national banking system since its inception through
receiverships has been 2,801 banks.
At the date of the beginning of the Federal Reserve System, November 2, 1914, there were 7,578 national banks in existence with aggregate common capital stock of $1,072,492,175, as compared with the
total common capital stock of $1,329,358,375 for the 5,167 national
banks in existence on October 31, 1940. In addition, 1,470 of the
national banks in existence October 31, 1940, had an aggregate of
$203,757,468 of preferred capital stock outstanding. Since November
2, 1914, there has been a net decrease of 2,411 in the number of
national banks in existence but a net increase of $256,866,200 in the
amount of the common capital stock and in addition a net increase of
$203,757,468 in capital through the issuance of preferred capital stock



REPORT OF T H E OOMPTROIxLEIR OF T H E

OTIKRElSnCY.

7

during the last 7% years. During this 26-year period, 3,788 newnational banks have been chartered with aggregate common capital
stock of $566,436,600 and preferred capital stock of $55,886,300.
During the year ended October 31, 1940, in addition to 19 applications with proposed capital stock of $2,900,000 carried over from the
previous year, 37 applications were received to organize national banks
and to convert State banks into national banking associations, with
proposed capital stock aggregating $9,237,000. Of these applications,
28 with proposed capital stock aggregating $7,487,000 were approved;
5 with proposed capital stock of $500,000 were rejected; and the remainder were still pending or had been abandoned on October 31,
1940. From the applications carried over from the previous year and
the 28 applications approved during the current year, 19 national
banking associations with common capital stock aggregating $2,700,000, 3 of which also had $582,000 preferred capital stock, were authorized to commence business. Of the 19 charters issued, 11 with
common capital stock aggregating $2,000,000, 1 of which also had
$157,000 preferred capital stock, were the result of the conversions
of State banks; and 5 with common capital stock of $375,000, 2 of
which also had $425,000 preferred capital stock, were organized for
the purpose of acquiring the business of 2 liquidating national banks
and 3 State banks.
During the year ended October 31, 1940, 14 national banks and 6
State banks were consolidated into 10 national banking associations,
under authority of the act of November 7, 1918, as amended February
25, 1927, the common capital stock of the consolidated banks being
$3,960,000 and the preferred capital stock being $978,000. Additional
assets of approximately $9,226,051 were brought into the national
system by reason of the 6 State banks consolidated with national
banks. Also, during this period, national banks reported the purchase of the business of 19 State banks, with aggregate capital stock
of $1,338,990 and aggregate assets of approximately $24,434,693.
During the year ended October 31, 1940, 53 national banks with
common capital stock of $3,563,450, among which were 24 with
preferred capital stock aggregating $1,614,800, went into voluntary
liquidation in the manner provided by sections 5220 and 5221, U. S.
R. S. Of these banks, 8 with common capital stock of $355,000, and
assets of $2,813,795, including 2 with preferred capital stock of
$45,000, paid their depositors and quit business; 13 with common
capital stock of $1,295,000 and assets of $22,607,174, including 9 with
preferred capital stock of $785,000, were succeeded by other national
banks; and 32 with common capital stock of $1,913,450 and assets of
$31,512,070, including 13 with preferred capital stock of $784,800,
were succeeded by State banks.
Changes in the number and capital stock of national banks during
the year ended October 31, 1940, are shown in the following summary:




8

REPORT OF THE COMPTROLLER OF THE: CURRENCY

Organization, capital stock changes, and liquidations of national banks during the
year ended Oct. 81, 1940
Number
of banks

Capital stock
Common

Charters issued:
Reorganizations-

$200,000
175,000
1,800,000
200,000
325,000

Conversions of State banksPrimary organizations
_
_
Increases of capital stock:
Preferred:
19 banks, by new issues
2 banks, by consolidation under act Nov. 7, 1918, as
amended
_
Common:
49 banks, by regular cash increases
32 banks, by regular stock dividends under sec. 5142, U.S.
RS
731 banks, by stock dividends under provisions of their
articles of association
3 banks, by consolidation under act Nov. 7, 1918, as
amended
_
__

Preferred

$425,000

~~157"666
14,627,857
150,000

4,360, 500
1,712,950
8,064,705
110,000

Total increases-

16,948,155

15,359,857

1,295,000
1,913,450
355,000

Voluntary liquidations:
Succeeded by national banks
Succeeded by State banks
Quit business
Decreases of capital stock:
Preferred:
1,526 banks, by retirement
4 banks, by decrease of par value
1 bank, by reduction
Common: 34 banks, by reduction
_
Capital stock decreases incident to consolidation (act Nov. 7,1918).

785,000
784,800
45,000

6,989,250
332,500

Total decreases.

10,885,200

Net change
__
Charters in force Oct. 31, 1939, and authorized capital stock
Charters in force Oct. 31,1940, and authorized capital stock.

47,849, 584
1,080,357
100,000
250,000
50,894,741

-38
5,205

+6,062,955 -35,534,884
1,323,295,420 239,292,352

5,167

1,329, 358,375

203,757,468

BRANCHES

On February 25, 1927, the date of the passage of the McFadden
Act, 118 national banking associations had in operation 372 branches,
as compared with 200 national banking associations with 1,615
branches as of the close of business October 31, 1940.
During the period from February 25, 1927, to the close of business
on October 31, 1940, 2,118 branches have been added to the national
system. Of these branches, 1,282 were de novo branches, 326 were
branches of State banks which converted into national associations,
and 510 were branches brought into the system by the consolidation of
State banks with national banks. During this same period, 875
branches have been relinquished, of which number 571 went out of
the system through liquidation of the parent institutions, and 304
through consolidations or for other reasons. The net result of these
operations was a gain of 1,243 branches since February 25, 1927.
During the year ended October 31, 1940, 42 branches were brought
into the national system. Of these branches, 41 were de novo
branches, while 1 branch was added under the provisions of paragraph
(a) of section 5155, United States Revised Statutes, as amended
February 25, 1927. Of the 41 de novo branches authorized, 21 were



9

REPORT OF THE CO'MPTROLLEIR OF THE OURJRENICY

authorized under the Banking Act of 1933 to operate in places other
than the city in which the parent bank is located. During this same
period, 2 branches were relinquished through the liquidation of the
parent institution and 19 were discontinued through the action of the
boards of directors of the parent banks. The net result of these
operations was a gain for the system of 21 branches during the year
ended October 31, 1940.
A summary of the status of branch-banking operations in the
various periods appears in the accompanying table :
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. 81, 1940
Authorized

Closed

In existence

Under act of
Feb. 25, 1927,
as amended

I

HI
On Feb. 25,1927__
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.__
Year ended Oct. 31,1934__.
Year ended Oct. 31,1935__.
Year ended Oct. 31, 1936._.
Year ended Oct. 31, 1937__.
Year ended Oct. 31, 1938. __
Year ended Oct. 31,1939.__
Year ended Oct. 31,1940. _.

165
296

13
491

TotaL

207
127
103
89
86
50
102
106
49
13

104
62
82
5
95
162

510

978

58
64
152
75
96
28
16
22
511

372
527
173
173
92
145
264
164
113
171
81

372
899
992
1,061
1,086
1,184
1,314
1,211
1,264
1,393
1,460
1,546
1,570
1,594
1,615

15
17
241
24
10

no
42
2,490

308

263

304

118
158
161
157
154
151
147
152
179
177
190
192
191
192
200

1,615

200

Number and kind of branches authorized and closed during the year ended Oct. 31,
1940
Author-

Classes

f

ized
In op- In exeration istence during

}
Statutory^
Additional offices, c branches.
Millspaugh Act
, flocal
. .
n ,
cbranches
{ o t h e r "than local .
""
Total

Feb.
25,
1927

165
202
5

372

Oct.
31,
1939

/
I

Closed during the year ended
Oct. 31, 1940

year
ended
Oct. 31, share1940 holders

By

directors

42

Oct. 31,
1940

13
5

20
21

1,594

Insolvent

364
309
71
2
389
480

19

1,615

1

363
309
74
2
382
464

Lapsed

Total
in existence

2

2

1

NOTE.—Branches classified according to the paragraphs of sec. 5155, U. S. R. S., under which they are
authorized as a, b, and c.
281684—41
2




10

EEPORT OF THE COMPTROLLER OF THE CURRENCY

Number of domestic branches of national banks authorized during the year ended
Oct. 81, 194.0
Branches authorized under
act Feb. 25,1927, as amended
Charter
No.

in

Title and location
Local

Total

CONNECTICUT
335

The First National Bank and Trust Company of Bridgeport.

1

1

1

2

3
1
1

3
1
1

HAWAII
5550

Bishop National Bank of Hawaii at Honolulu

1

IDAHO
1668
4690
6982

The Idaho First National Bank of Boise
The First National Bank of Caldwell
American National Bank of Idaho Falls
KENTUCKY

14320

Liberty National Bank and Trust Company of Louisville

1

1

1
l

1
1

LOUISIANA
3595
13648

First National Bank of Shreveport
Commercial National Bank in Shreveport

13671
13758
191
14432

National Bank of Detroit
.
First National Bank & Trust Company of Grand Rapids
The First National Bank and Trust Company of Kalamazoo
Saginaw National Bank, Saginaw
.
_.
_. ._ _ . -

MICHIGAN
1
1
.1

1

1
1
1
1

NEW JERSEY
8800

The Boardwalk National Bank of Atlantic City

1

I

1

1

NEW YORK
1461
6198
1269
5662
1392
14422

The National City Bank of New York
Staten Island National Bank & Trust Company of New York
(post office, Port Richmond, Staten Island)
The National Bank of Pawling
The Rye National Bank, Rye
The Oneida National Bank and Trust Company of Utica .__ __
Yonkers National Bank and Trust Company, Yonkers

1
1
1
2

1
1
1
1
2

1

2

1

1
7
1

2

3

1

1

1

1

1
1
1

1
1

22

42

1

OHIO
32

The Second National Bank of Cincinnati

1

PENNSYLVANIA
4374
1
604

The Butler County National Bank and Trust Company of Butler
The First National Bank of Philadelphia
The York National Bank and Trust Company, York

14425

The Citizens and Southern National Bank of South Carolina,
Charleston

7
1

SOUTH CAROLINA
1

TENNESSEE
13349

Union Planters National Bank & Trust Company of Memphis
VIRGINIA

10618

National Bank and Trust Company at Charlottesville
WASHINGTON

4375
11280
4668

The National Bank of Oomjneree of Seattle
. .
Seattle-First National Bank, Seattle
The Old National Bank and Union Trust Company of Spokane
Total (29 banks)
-




20

1

REPORT OF THE CO'MPTBOLLER OF THE CUTtKEN'CY

11

Number and class of domestic branches of national banks closed during the year
ended Oct. 31, 1940
Branches closed

Charter
No.

Title and location

Manner of closing

5550

Bishop National Bank of Hawaii
at Honolulu.

Branches under act
State
of Feb. 25, 1927,
bank
as amended
branches
in operation
Additional Branches Feb. 25, Total
1927,
authorwhich
which
ized
were consince
became
verted
branches Feb. 25, or con1927
Feb. 25,
solidated
1927

Board of directors.

LOUISIANA

The Hibernia National Bank in
New Orleans.

_do_

MASSACHUSETTS

200

The First National Bank of Boston.

_do_

13758

First National Bank & Trust
Company of Grand Rapids.

_do_

2370

The Chase National Bank of the
City of New York.
The National City Bank of New
York.
The Yonkers N a t i o n a l Bank
and Trust Company, Yonkers.

NEW YORK

1461
9825

_do_
_do_
Voluntary liquidation.

OREGON

1553

The First National Bank of Portland.

332
1

The First National Bank of
Chester.
The First National Bank of
Philadelphia.

2044

The South Carolina National
Bank of Charleston.

3417

National Bank of Washington,
Tacoma, Wash.

Board of directors.

PENNSYLVANIA

.do_
-do_

SOUTH CAROLINA

WASHINGTON

Total (12 banks) .

CHANGES IN PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF
NATIONAL BANKS IN THE YEAR ENDED JUNE 30, 1940

Loans and discounts of all national banks in the United States and
possessions on June 29, 1940, were $9,179,000,000, an increase of
$605,000,000 in 12 months. Commercial and industrial loans increased $458,000,000 and loans on real estate increased $174,000,000,



12

REPOBT OF THE COMPTROLLER OF 'THE! OURRENCIY

while loans to brokers and dealers in securities and other loans for the
purpose of purchasing or carrying stocks, bonds, and other securities
decreased $174,000,000.
Investments increased $352,000,000 and amounted to $12,905,000,000 at the end of the year. United States Government direct
obligations of $7,220,000,000, and obligations guaranteed by the
United States Government as to interest and principal of $1,891,000,000, increased in the year $320,000,000 and $21,000,000, respectively.
Obligations of States and political subdivisions increased $234,000,000 and amounted to $1,928,000,000, while other bonds, notes, and
debentures decreased $216,000,000, to $1,648,000,000. Corporate
stocks, including stock of Federal Reserve banks, totaling $218,000,000, decreased $7,000,000 during the 12 months ended June 29, 1940.
Cash, balances with other banks, including reserve balances, and
cash items in process of collection increased $2,802,000,000, and
amounted to $13,877,000,000 at the end of the year.
The total deposits on June 29, 1940, amounted to $33,074,000,000,
an increase of $3,605,000,000 during the year. These deposits comprise demand deposits of $24,719,000,000, which increased $3,432,000,000, and time deposits of $8,355,000,000, which showed an increase
of $173,000,000.
Total capital funds of $3,476,000,000 represented an increase of
$86,000,000. Common stock increased $10,000,000, while preferred
stock decreased $39,000,000. Surplus, profits, and reserves increased
$115,000,000.
Figures with respect to the above-mentioned asset and liability
items of national banks, together with a balance sheet covering each
of the three calls made on such banks in the year ended October 31,
1940, appear in the accompanying tables:
Changes in principal items of assets and liabilities of national banks, year ended
June 30, 1940
[In millions of dollars]
June
1940
Number of banks

Changes in
12 months

5,170

-39

3,604

+460

559
2,003
3,013

-174
+174
+146

9,179

+606

7,220
1,891
1,928
1,648
218

+320
+21
+234
-216
-7

ASSETS

Loans and discounts:
Commercial and industrial loans
.-._
Loans to brokers and dealers in securities and other loans for the purpose of
purchasing or carrying stocks, bonds, and other securities
Real estate loans
All other loans, including overdrafts
Total loans and discounts

._

Investments:
U. S. Government direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
___
Corporate stocks, including stock of Federal Reserve banks
_.
Total investments
Cash, balances with other banks, including reserve balances, and cash items in
process of collection
Total assets




_._

12,905

+352

13,877

+2,802

36,885

+3,704

REPORT OF THE COMPTROLLER OF THE OTRRENCT

13

Changes in principal items of assets and liabilities of national banks, year ended
June 30, 1940—Continued
[In millions of dollars]
June
1940

Changes in
12 months

LIABILITIES

Demand deposits:
Individuals, partnerships, and corporations
Other
Total demand deposits

15,977
8,742

+2,333
+1,099

24, 719

+3,432

6,978
1,377

+205

8,355

+173

Total deposits

33,074

+3,605

Total liabilities, excluding capital accounts

33, 409

+3,618

208
1,326
1,942

+10
+115

__
_

Time deposits:
Savings
Other

-

_ _ _ _ _ _ _

Total time deposits

-32

CAPITAL ACCOUNTS

Capital stock:
Preferred
_ _
Common
Surplus, profits, and reserves

_-

__

_____

Total capital accounts

—39

3,476

+86

36,885

Total liabilities and capital accounts

+3, 704

Assets and liabilities of national banks on dates indicated
[In thousands of dollars]
Dec. 30,
1939
(5,193
banks)

Mar. 26,
1940
(5,184
banks)

9,043,632
7,117,420
1,956, 515
1,784,899
1,731,837
220,905

9,060, 292
7,079,569
1,891, 697
1,920,115
1,678,163
217,894

21,855*208

*U 847,730

28,084,502

12, 503, 613
600,296
131,691

12,935,818
599, 694
127,671

13,877,104
597,251
119,515

65, 551
55,845

66,980
52,121

65,392
42,339

58, 033
49,020

63,699
42,944

58,672
40,305

35, 319,257

35,736,657

36,885,080

June 29,
1940
(5,170
banks)

ASSETS

Loans and discounts, including overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions.
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve banks
TotaUoans and investments

Cash, balances with other banks, including reserve balances, and cash
items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises or
other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
_
_
Other assets
_
_
Total assets
_

9,179,227
7,219,890
1,891, 336
1,928,352
1,648, 245
217,452

LIABILITIES
14,940,600 15,136,162
15,976,786
Demand deposits of individuals, partnerships, and corporations
7,875,792
Time deposits of individuals, partnerships, and corporations
_ 7,717,408 7,792,009
_
589,190
572,253
564,997
Deposits of U. S. Government, including postal savings
2,080,992
2,138,403
2,270,856
Deposits of States and political subdivisions
5,899,785
6,031,089
6,084,051
Deposits of banks
385,017
326,352
301,925
Other deposits (certified and cashiers' checks, etc.)
_
SI, 619,99t SI, 996,268 33,074,407
Total deposits
_
_
2,882
1,794
2,910
Bills payable, rediscounts, and other liabilities for borrowed money...
120
124
Mortgages or other liens on bank premises and other real estate
117
Acceptances executed by or for account of reporting banks and out64,175
50,641
standing
_
58,328




14

•REPORT OF THE COMPTROLLER OF THE CURRENCY
Assets and liabilities of national banks on dates indicated—Continued
[In thousands of dollars]
Dec. 30,
1939
(5,193
banks)

M a r . 26,
1940
(5,184
banks)

J u n e 29,
1940
(5,170
banks)

LIABILITIES—continued

Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
_
Other liabilities
_
_

40,775
54,143
147,734

41,376
49,741
189,447

31,914,139

Total liabilities .

37,709
41,031
155,230

32, 299,166

!, 408,639

1, 532,903
1. 216, 222
445,403
210, 590

1, 524,973
1, 225,648
475,013
211,857

1,534,649
1,249,961
468,203
223,628

CAPITAL ACCOUNTS

Capital stock (see memoranda below).
Surplus
Undivided profits
Reserves (see memoranda below)
Total capital accounts
Total liabilities and capital accounts_

3,405,118

3,437,491

3,476,441

35,319,257

35,736,657

36,885,080

194,001
17, 732
1,323,694

185, 551
15, 273
1,326, 593

193,904
14,859
1,328,180

1, 535,427

1, 527,417

1,536,943

226, 662
19,755

i 218,174
17, 343

245,165
17,144

Total.
Reserves:
Reserve for dividends payable in common stock_
Reserve for other undeclared dividends
__.
Retirement account for preferred stock
Reserves for contingencies, etc..

246,417

i 235, 517

262, 309

6,037
9,006
17, 228
178, 319

211,857

5,456
9,116
19, 581
189,475

Total.
Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
_
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities.. _
Securities loaned

210, 590

211,857

223,628

2,297, 683

2,311,063

2, 397,702

605,760

615,722

593,565

93, 789
22,794

94, 538
7,290

93,990
7,929

3,020,026

3,028,613

3,093,186

2,405,791

2,448,056

2, 522,681

2,373
975

1,550
219

2,553
492

2,409,139

2, 449,825

2,525, 726

MEMORANDA

Par value of capital stock:
Class A preferred stock.
Class B preferred stock.
Common stock
_.

Total .
Retirable value of preferred capital stock:
Class A preferred stock
Class B preferred stock

Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Other liabilities secured by pledged assets
_,_
Total.
i Revised.

EARNINGS, EXPENSES, AND DIVIDENDS OF NATIONAL BANKS
FOR YEAR ENDED DECEMBER 31, 1939

Gross earnings of national banks in the year ended December 31,
1939, were $848,000,000, or $12,000,000 more than those of the
preceding year. Interest and discount on loans equaled $387,000,000
and interest and dividends on bonds, stocks, and other securities
$298,000,000. Expenses were $5,000,000 more than in the preceding



REPORT OF THE OO'MPTEiOLLEIR OF THE CUEKESTCY

15

year, amounting to $581,000,000. Of this, salaries, wages, and fees
accounted for $252,000,000 and interest on deposits and borrowed
money, for $114,000,000. Net operating earnings were $267,000,000,
which were increased by $211,000,000 of recoveries. Recoveries on
loans were $40,000,000; recoveries on bonds, stocks, and other
securities, $34,000,000; and profits on securities sold, $125,000,000.
Losses and depreciation of $226,000,000 were $17,000,000 less than in
the previous year. Losses on loans were $67,000,000 and losses on
bonds, stocks, and other securities, $109,000,000. Net additions to
profits before dividends were thus $252,000,000 and were $54,000,000
more than those in the previous year and were 7.45 percent of capital
funds. Dividends declared on common and preferred stock in 1939
totaled $139,000,000 in comparison with $142,000,000 in the preceding
year. The dividends were 8.9 percent of capital stock and 4.11
percent of capital funds.
Interest and discount on loans accounted for more than 45 percent
of the gross earnings in the year ended December 31, 1939, varying
in ratios from less than 34 percent in Federal Reserve district No. 7
to approximately 58 percent in district No. 11. Interest and dividends on investments were 35 percent of total earnings, with the
banks in district No. 11 showing the smallest ratio of 23 percent and
those in district No. 3 the largest ratio of almost 46 percent. Salaries,
wages, and fees were 30 percent of total earnings, ranging from nearly
24 percent in district No. 3 to slightly more than 33 percent in districts
Nos. 9 and 10. The net operating earnings to gross earnings showed
averages of from 27 percent in district No. 9 to 35K percent in district
No. 3.
Interest and discount on loans to total loans were slightly less than
4% percent and varied from less than 3K percent in district No. 2 to
5% percent in district No. 11. Interest and dividends on bonds,
stocks, and other securities averaged 2% percent of total investments,
the banks in district No. 2 showing the lowest ratio of slightly less
than 2 percent, while the banks in district No. 3 showed the highest
ratio of 3% percent. Profits on securities sold during the period were
1 percent of total investments, varying from less than % percent in
district No. 9 to 1% percent in district No. 12.
Net operating earnings were approximately 8 percent of total capital funds, the lowest ratio being 6K percent in district No. 1, and the
highest ratio almost 11 percent in district No. 12. The net additions
to profits before dividends for the period were about 7% percent of
capital funds, the average ranging from 5 percent in district No. 3 to 10
percent in district No. 7.
The proportion of gross earnings which were preserved as net additions to profits before dividends were better among the larger banks
than among the smaller for the calendar year 1939. For banks with
deposits of more than $100,000,000 the ratio of net additions to profits
to gross earnings was 34% percent, while for banks of $500,000 deposits or less it was 23% percent.
Changes in the earnings and expense figures of national banks in the
year ended December 31, 1939, together with comparisons of earnings
and expense figures for the 5 years ended December 31, 1939, and
June 30, 1940, appear in the accompanying tables:



16

REPORT OF THE COMPTROLLER OF THE CURRENCY

Earnings, expenses, and dividends of national banks for year ended Dec. 31, 1939
[In millions of dollars]
Year ended Increase or
decrease
Dec. 31,
for year
1939
Number of banks *
Capital stock (par value) 2
Capital funds 2 ..-

__.

Gross earnings:
Interest and discount on loans..
Interest and dividends on bonds, stocks, and other securities
Other earnings
_
Total

387
298
163
848

Expenses:
Salaries, wages, and fees
Interest on deposits and borrowed money
Taxes
Other expenses

252
114
55
160

-31
-16

+99
+15
+4
+12
+6
-8

---

Nfet operating earnings
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold
Allother
—

+8
+.21
+27

211

+30

478

+37

67
109

Total net operating earnings, recoveries, etc

-13
-6

28

_

22

Total.
Net addition to profits before dividends
Dividends
Ratios:
Expenses to gross earnings.
Net addition to profits to net operating earnings
Net addition to profits to capital funds
Dividends to capital stock
Dividends to capital funds
-_

+7

40
34
125
12

-

Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and
fixtures.
Other losses and depreciation

581

+3
+4
+5

267

Total

Total.

5,193
1,562
3,381

-5

+2
+.27

226

.._

-17

252
139

+54

Percent
68.51
94.38
7.45
8.90
4.11

-3

Percent
-0.39
+18.23
+1.42
-.10
-.22

1
At end of period.
* Average of amounts shown by reports of condition for five calls from Dec. 31,1938, to Dec. 30,1939, inclusive.




Earnings, expenses, and dividends of national banks, years ended December 31, 1935-89
[In thousands of dollars. Figures for previous years, beginning 1917, published in report for 1938, pp. 100-107]
1935

1936
5,392

5,331

5,266

5,230

5,193

1,605,011
3,171,010

1, 582,713
3,244,198

1, 575,095
3, 328,144

1, 535,427
3,405,118

Gross earnings:
Interest and discount on loans
_._
Interest and dividends on bonds, stocks, and other securities
Collection charges, commissions, fees, e t c .
Foreign department (except interest on foreign loans, investments, and bank
balances)
Trust department
Service charges on deposit accounts
_
Rent received
Other current earnings
_.
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
Employees other than officers

_
_

2

56, 707

347,385
326,275
22, 365

42.11
89.55
2.71

373,695
324,472
22,966

48.50
87.77
2.67

373, 258
305,698
21,071

44-55
86.48
2.51

387, 324
297,842
22,337

.87
8.59
8.14
7.14

7,667
31,676
27,468
48,143
13, 954

8.84
8,88
5.84
1.69

6,532
34,979
31, 589
51, 885
12, 976

.76
4.07
3.68
6.04
1.51

5,849
32,113
35,161
52, 758
11, 949

.70
8.88
4.20
6.80
1.48

6,806
31,421
37,485
51,961
13,243

824, 933 100.00

859,094

100.00

837,857

100.00

848,419

16.06
28.19

16.81
23.90

98,487
43, 309
25,824

17.06
24.83

100, 733
146,093
25,678
99,465

17.88
25.18

.54
.20
21.88
.06
8.74
5.76
.83
27.83

121, 886
22,004
30,034

21.11
.04
8.81
5.20

5,104
156, 239

27.06

114,291
100
21, 850
32,621
5,324
160, 252

19.66
.02
8.76
5.61
.92
27.57

100.00

577,272

100.00

581,264

100.00

_ 794,156 100.00

S8.57

6,754
1,703
142,994
429

1.28
.81
26.04
.08
7.78

_

Interest on demand deposits
Interest on deposits of other banks
Interest on time and savings deposits
Interest and discount on borrowed money
Real-estate taxes
Other taxes
Fees paid to directors and members of executive, discount, and advisory committees
Other expenses
_




6,899
28, 542
24,923

2.58

211,815

Number of officers*
Number of employees other than officers 3

_

340,183
316,449
20,453

._

42, 703
142, 750

25.99

549,148

100. 00

245,008

n

Percent
Percent
Percent
Percent
to total Amount to total Amount to total Amount to total

Percent

Amount to total

See footnotes at end of table.

1939

1938

1, 765, 738
3,105,161

Number of active banks.
Capital stock, par value.
Capital funds i

Total current expenses
Net operating earnings

1937

90, 732
131,040
24,404
98,763
5,149
1,422
126, 430
264
21, 558
27, 965
4,400
156,053

.91
.25
22.88
.05
8.81
4.95
.78
27.62

95,643
140,142
24,892
,805
3,156
1,179
125,030
331
21,923
33, 743
4,865
160,209

565,013

100.00

586,221

259, 920

272,873

260, 585

267,155

45.65
85.11
2.68
8.70

if,
1.56
100.00

3

Earnings, expenses, and dividends of national banks, years ended December 81, 1985-39—Continued

GO

[In thousands of dollars. Figures for previous years, beginning 1917, published in report for 1938, pp. 100-107]
1935

1937

1936

1938

1939

Amount Percent Amount Percent Amount Percent Amount Percent Amount Percent
to total
to total
to total
to total
to total
Recoveries, profits on securities sold, etc.:
Recoveries on loans
_
_.
Recoveries on bonds, stocks, and other securities
Profits on securities sold Allother

_

-

19.72
69,658
120,534
76.15 \f 157,832
5.13
12,199

47,375
} 180,545
12,327

Total

240,247

Total net earnings, recoveries, etc

100.00

485,255

Losses and depreciation:
On loans
-On bonds stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation

-

Net addition to profits

49.00
35.60
7.15
8.25

154,614
91,764
26,440
33,499

60.47
29.96
8.63
10.94

100.00

306,317

100.00

_.

_

Ratios to gross earnings:
Salaries, wages, and fees
Interest on deposits
All other current expenses
Total current expenses




. . . .

.

_.

181,810

100.00

442,395

39,927
33,631
124,920
12,481

18.93
15.94
69.21
5.92

210,959

100.00

478,114

33.21
42.69
11.39
12.71

80,290
115,281
26,362
21,813

32.94
47.29
10.82
8.95

67,171
109,378
27,922
22,067

29.65
48.28
12.33
9.74

216,331

100.00

243,746

100.00

226,538

100.00

228,021

198,649

251,576
-

11, 532
136,803

9,378
1 133,142

136,035

6

142, 520

o

I

I

8 911
U30,576

148,335

18,166
5117,869

117,648

._

17.69
18.40
54.35
9.56

139,487

=

18,862
< 98,786

Total

32.152
33,453
98,819
17,386

71,844
92,343
24,638
27,506

313,826
=

..

100.00

444,352

160,121
116, 309
23,369
26,965

158,491

29.86
19.70
40.18
10.76

171,479

100.00

620,143

326,764

_ . _ _

Total

Dividends:
On preferred stock .
On common atock

360,223

50,342
33,777
68,908
18,452

19.34
33.46
43.81
3.39

I

Percent
26.67
19.07
23.41

Percent
27.42
16,12
24-96

Percent
28.01
15.06
25.17

Percent
29.47
14.55
24.88

69 15

68 49

68 24

68.90

o

Percent
29 72
is. 47
25.32
68.51

8

Net operating earnings
Net losses and depreciation, less profits on securities sold 9
Net profits

._
_

Ratio of dividends to capital stock (par value)
Ratk of dividends to capital funds _ _ _ _
Represents aggregate book value of capital stock, surplus, undivided profits, reserves
for contingencies, reserves for dividends payable in common stock, and retirement fund
for preferred stock.
2
Revised to include interest on balances with other banks which was published separately in reports prior to 1939.
3
Number on pay roll at end of period.
* Includes stock dividends of $4,409,000.
5
Includes stock dividends of $16,019,000.




81.10
-7.89

81.49
-1.84

88.04

81.76
-6.22
26.54

23.71

29.65

8 48
4.29

9 87
4.57

9.05
4.28

9.08
4.10

SO. 85
-10.89

SI. 51
+6.63

19.96
6 66
S.79

6 Includes stock dividends of $26,572,000.
7
Includes stock dividends of $19,795,000.
8
Includes stock dividends of $8,309,000.
9 Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.
NOTE.—The number of banks, capital stock and capital funds used in this table are as
of end of period.

1

Earnings, expenses, and dividends of national banks, years ended June 30, 1936-40

o

[In thousands of dollars. Figures for previous years, beginning 1869, published in report for 1937, pp. 96-107]
1937

1936

Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and other securities
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign loans, investments, and bank
Trust department
Service charges on deposit accounts-.
Rent received
_..
Other current earnings

5,299

5,248

5,209

5,170

1, 587, 726
3, 212,165

1,577,421
3, 273,819

1, 566,003
3. 389, 512

1, 536,943
3,476, 441

Percent

Percent

Percent

I

Percent
to total

Amount to total Amount to total Amount to total
356, 732
331, 666
23,179

42.11
89.15
2.73

377,076
313,403
21,605

44-83
36.85
2.54

377,149
303, 699
21, 726

86.19
2.59

399,970
289, 400
22,965

46.60
33.71

.69
8,477
5,517
3.79
33, 779
30, 222
26,139
29, 353
2 23,242
7.38 ' 3 50,125
13, 886
3 35,304
798,082 100. 00 847,197

1.00
3.99
8.46
6.92
1.64

5,781
33, 447
33, 519
53,092
312,628

8.98
3.94
1.49

5,545
31,685
36, 378
52, 210
10, 743

.66
8.78
4-84
6.22
1.28

7,946
31, 702
39,175
51,962
15,268

100.00

850,551

100. 00

839,135

100.00

858,388

100.00

16.14

99,569
144, 576
25,719

17.26
25.07

.88
.24
21.62
.05
8.68
6.74

.15
.16
21.88
.06
8.80
5.88

102, 212
148,181
"", 177
102,694

17.89
25.21

4,788
1,377
124,918
280
21, 304
33,159

97,198
142, 445
25, 512
97,157
864
957
125,231
323
22, 266
31, 533

16.59
24.31

92,885
5,544
1.00
1,550
.28
132,058
321
.06
210, 708 } 8.15
34, 290

93, 247
135, 363
24, 798

118,233
136
21,897
31,050

20.50
8.80
6.88

108, 993
82
21,820
37, 410

18.55
.01
8.71
6.37

2 2, 089
150, 718 } 27.70

4,661
158,754

27.47

4,981
160,084

27.82

5,231
156,052

.91
27.06

5,328
163, 671

.91
27.85

100.00

577,851

100.00

585, 882

100.00

576, 744

100.00

587, 697

100.00

W

8.69
4.56
6.05
1.78

342,673
313,661
21, 324

214,450
-

Interest on demand deposits
Interest on deposits of other banks...
Interest on time and savings deposits
Interest and discount on borrowed money
_
Real-estate taxes
Other taxes
Fees paid to directors and members of executive, discount, and advisory committees
.
Other expenses
Total current expenses..

551,728

Net operating earnings .

246,354




1940

5,374

Percent
to total

Number of officers
Number of employees other than officers *

1939

1, 698, 251
3,165, 728

Number of active banks.
Capital stock, par value Capital funds '

Total earnings from current operations.
Expenses:
Salaries and wages:
Officers
Employees other 4than officers

1938

39.30
2.67

88.87

269,346

264, 669

262,391

270, 691

o

o

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold
Allother
Total

Total net earnings, recoveries, etc

_

Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation

} 74.24

298,941

_

100.00

_____
..

154,964
93, 339
24, 387
30,951
303, 641

Net addition to profits

.__
__

__

_ __

___
___

28.97
18.17
47.37
10.49

161, 742

100.00

426, 411

33,412
35,217
129, 790
13,504

15.77
16.62
61.24
6.87

211, 923

100.00

111, 000
94,069
26,434
30, 865

42.81
85.85
10.08
11.76

66, 203
103,009
24, 592
24,184

30.37
47.25
11.28
11.10

100.00

262, 368

100.00

217, 988

100.00

40,164
33,396
93,689
15,583

21.97
18.27
51.24
8.52

182,832

100.00

453, 523

474, 314

8.03
10.19

84,897
116,323
27, 371
20, 769

84.O4
46.65
10.98
8.83

65, 262
105,559
28,804
28,224

249, 360

100. 00

227,849

224, 954

208,423

14, 496
138, 979

8 9, 766
»133, 998

8,468
'0 129,330

8 143, 764

137, 798

137, 530

Percent
28.76

o
o

._

24.56

Percent
27.54
15.47
25.20

25.18

Percent
29.72
14.09
24.92

69.18

68.21

68.88

68.73

68.47

30 87
-.59

31 79

+2.03

31 12
-6.61

81 27

_._

-4.46

81.58
-5.24

30.28

___

_._

88.82

24.51

26.81

26.29

9.67

9.11

8.80
4.07

8.95
8.96

_
_

1

100.00

8,482
11 129,048

153,475

7

28 64
46.88
•12.64
12.89

225, 674

286, 561

Percent
27.13

_

17.44

7.40
--

1
Represents aggregate book value of capital stock, surplus, undivided profits, reserves
for contingencies, reserves for dividends payable in common stock, and retirement fund
for preferred stock.
3
6 months ended June 30,1936, when first called for separately.
3
Revised to include interest on balances with other banks which was published
separately in reports prior to 1939.
4
Number on pay roll at the end of the period.
8
6 months ended June 30, 1936. Such profits were also called for separately in the
years ended June 30,1927 to 1932. Beginning July 1,1932, however, and continuing until
Dec. 31, 1935, profits on securities sold were included with recoveries on bonds, stocks,
and other securities.




51.04
so. 74

20,432
6105,172

Total current expenses

Ratio of dividends to capital stock (par value)
Ratio of dividends to capital funds

100.00

38, 768
29,382
76, 620
16,972

_..

_

Net operating earnings
Net losses and depreciation, less profits on securities sold 12
Net profits

22.98
26.18
44-66
6.18

548,929

125,604

___

279, 583

241, 654

Total
Ratios to gross earnings:
Salaries, wages, and fees _
Interest on deposits
All other current expenses

64, 243
/ 73,208
\ 124,858
17, 274
4.82

545,295

Total

Dividends:
On preferred stock
On common stock

21.44

64,082
143,138
«78,808
12,913

__ _ _

3.97

4.78

14.94

4.39

Percent
29.79
12.70
25.98

6 Includes stock dividends of $7,342,000.
7
Includes stock dividends of $30,141,000.
8
Revised.
9
Includes stock dividends of $21,853,000.
J
o Includes stock dividends of $10,109,000.
11
Includes stock dividends of $10,715,000.
12
Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.
NOTE.—The number of banks, capital stock, and capital funds used in this table are
as of end of period.

w

22

REPORT OF THE COMPTROLLER OF THE OURRENOY
SIZE OF NATIONAL BANKS

The size of national banks in the United States and possessions
according to deposits increased $3,605,000,000 in the year ended
June 30, 1940, although the number of such associations decreased by
39 in the period. On June 30, 1939, national banks held deposits
totaling $29,469,000,000, as compared with $33,074,000,000 in 1940.
The average size of national banks in 1939 was $5,700,000; by 1940
the average size had increased to $6,400,000. In 1939, 50 percent of
the banks had deposits of $1,000,000 or less. In 1940 this ratio was
48 percent. Thirty-nine of the banks had $100,000,001 or more of
deposits in 1939 and 31 banks had between $50,000,001 and $100,000,000. In 1940 there were 45 banks with deposits of $100,000,001
or more and 31 banks with deposits of between $50,000,001 to $100,000,000. The average size of the 39 banks in 1939 with deposits of
$100,000,001 or more was $386,000,000. The 45 banks in 1940 of
this size averaged $404,000,000. The banks with $100,000,001 and
over in 1939 had 51 percent of the deposits in all national banks.
This size of banks had 55 percent of the deposits of all national banks
on June 29, 1940.
The following tabulation shows the distribution by size of national
banks in 1939 and 1940:
Size of national banks: On the basis of deposits, June SO, 1939, and June 29, 1940
[In millions of dollars]
Number of
banks
Size groups
1939
$100,000 and under
$100,001 to $250,000
$250,001 to $500,000
$500,001 to $750,000
$750,001 to $1,000,000
$1,000,001 to $2,000,000...
$2,000,001 to $5,000,000...
$5,000,001 to $50,000,000..
$50,000,001 to $100,000,000
$100,000,001 and over
Total

_.

29
395

1940
22
349

933

738
543
1,118
853
530
31
39

560
1,134
871
577
31
45

5,209

5,170

Percentage distribution (number of banks)
1939

1940

Percent Percent
0.5
0.4
7.6
6.8
17.9
17.1
14.2
13.5
10.4
10.8
21.5
21.9
16.4
16.8
10.2
11.2
.6
.7
100.0

100.0

Deposits

1939

1940

2
74
349
459
472
1,578
2,606
6,705
2,151
15,073

1
65
333
432
488
1,596
2,659
7,284
2,037
18,179

29,469

33,074

Percentage distribution (deposits)
1939

1940

Percent Percent
0.3
1.2
1.6
1.6
5.4
8.8
22.7
7.3
51.1

0.2
1.0
1.3
1.5
4.8
8.0
22.0
6.2
55.0

100.0

100.0

AFFILIATES AND HOLDING COMPANY AFFILIATES OF NATIONAL
BANKS

The Federal statute requires each national bank to obtain and
submit to the Comptroller periodically reports of its affiliates, as
defined in sections 2 (b) and (c) of the Banking Act of 1933, as amended,
unless waived by the Comptroller. On June 29, 1940, the date of
the latest call, there were 966 national banks with 12,992 affiliates
and holding company affiliates, of which 10,707 were duplications
reported by 322 banks. The actual number of affiliates, or 2,285,
included 29 holding company affiliates which controlled 191 active
and 9 liquidating banks, varying in number from 1 to 53 associations.
Under the waiver of requirement for reports of affiliates, it was



REPORT OF THE COMPTROLLER OF THE CTJRRENICY

23

necessary for 527 banks to submit and publish 679 reports of affiliates
and holding company affiliates. Of the latter number 174 were duplications of reports of holding company affiliates.
NATIONAL BANKS IN THE TRUST FIELD

The development of trust activities in national banks is reflected
in a substantial manner by statistics compiled for the fiscal year
ended June 30, 1940, which revealed that 1,877 of these institutions
held fiduciary permits, with a combined capital of $1,159,877,645
and banking assets of $32,307,198,787, representing 36.31 percent
of the number, 75.47 percent of the capital, and 87.59 percent of the
assets of all banks in the national banking system.
Trust departments had been established by 1,540 of these banks
and 137,629 individual trusts were being administered with assets
aggregating $9,345,419,682. Seven hundred and eighty-two of these
banks were also administering 16,273 corporate trusts and were acting
as trustees for note and bond issues amounting to $9,317,700,427.
Compared with 1939, these figures represent an increase of 1,178,
or 0.86 percent, in the number of individual trusts being administered,
an increase of $61,512,406, or 0.66 percent, in the volume of individual
trust assets under administration; a decrease of 477, or 2.85 percent,
in the number of corporate trusts, with a reduction of $451,026,297,
or 4.62 percent, in the volume of note and bond issues outstanding
under which national banks had been named to act as trustee.
Segregation of the number of fiduciary accounts in national banks
reveal that 71,062, or 46.17 percent, were those created under private
or living trust agreements; 66,567, or 43.25 percent, were trusts being
administered under the jurisdiction of the court, and the remaining
16,273, or 10.58 percent, were trusteeships under corporate bonds
or note-issue indentures. Private trust assets comprised $7,357,263,418, or 78.73 percent, of the total assets under administration, while
the remaining $1,988,156,264, or 21.27 percent, belonged to court
trusts.
An analysis of the $7,492,478,273 of invested trust funds belonging
to private and court trusts under administration reveal that 50.59
percent were in bonds, 30.83 percent in stocks, 6.92 percent in real
estate mortgages, 7.38 percent in real estate, and 4.28 percent consisting of miscellaneous assets.
The development of these activities in national banks is emphasized
by comparing the record in the last 10 years, which reflects an increase
of 57,717, or 72.23 percent, in the number of individual trusts being
administered; an increase of $4,872,378,756, or 108.93 percent, in the
volume of individual trust assets under administration; and an increase of 4,762, or 41.37 percent, in the number of corporate trusts.
Gross earnings from fiduciary activities aggregated $31,702,000 for
the fiscal year ended June 30, 1940, as against $31,685,000 in 1939,
an increase of $17,000.
Three hundred and fifty-five national banks were acting as trustees
under 1,606 insurance trust agreements, involving $73,965,671 in
proceeds from insurance policies, while 709 national banks had been
named to act as trustees under 15,489 insurance trust agreements not
yet matured or operative, supported by insurance policies with a face
value aggregating $591,078,587.



24

REPORT -OF THE COMPTROLLER OF THE CURRENCY

An analysis of the new trust accounts placed on the books of the
national banks between June 30, 1939, and June 29, 1940, reveal that
230 banks were named as trustees for 1,700 bond and note issues
aggregating $1,030,060,937; 800 banks were named to act as individual
trustees under 4,914 agreements involving $194,791,094; 764 banks
were named to act under 2,666 executorships involving $212,389,385;
511 banks were named as administrators under 1,332 appointments
involving $25,115,422; 498 banks were named under 1,972 guardianships involving $10,167,151; 5 banks were named to act as assignees
in 7 instances involving $93,408; 23 banks were named to act in 33
receiverships involving $330,629; 114 banks were named to act as
committee of estates of lunatics in 246 cases involving $3,362,888; and
395 banks were named to act 5,612 times in miscellaneous fiduciary
capacities other than those enumerated above involving $668,341,740.
The following tables show the activities of national banks in the
trust field on June 30, 1930, and June 29, 1935 and 1940, also by size
of capital of such banks as of the latter date. Detailed tables in the
appendix show trust activities, first, according to capital of the banks,
second, according to Federal Reserve districts, and third, an analysis
of the type of investments held in trust.
Changes in trust activities of national banks in 10 years
1930

1935

Number of national banks with trust powers administering trusts
1,829
1,578
$27,140, 531
$29,544,894
Gross earnings from trust departments
79.912
129, 711
Number of individual trusts being administered
$4,473,040,926 $9, 251, 291, 947
Total volume of individual trust assets
11,511
16,801
Number of corporate trusts being administered.
_._
$11,803, 717, 370 $11,605,145,026
Total amount of bond and note issues trusteed
396
1,048
Number of insurance trusts being administered.__
_
$13,494,888
$47,346, 544
T otal volume of insurance trust assets

1940

1,540
$31,702,000
137,629
$9,345,419,682
16, 273
$9,317,700,427
1,606
$73,965,671

Distribution of banks with trust powers and number and amount of trusts by size of
bank capital, June 29, 1940

Size of capital of bank

$25,000
$25,001 to $50,000._.
$50,001 to $100,000..
$100,001 to $200,000.
$200,001 to $500,000
$500,001 and over..

Number
of banks
with
trust
powers

Number of trusts being administered
Private

Court

Corporate

Liabilities to trusts
Private

Court

34
139
392
537
459
316

27
314
2,619
11, 722
16, 784
35,101

2
$170,887
$212,105
10
1,002, 530
3,757,309
188
19,084, 322
22,862, 757
804
128, 512,047
108,692,637
1,598
406,998,822
273,715,458
13, 671 6,801,494,810 1, 578,915,998

1,877

Total

5
115
1,122
6,036
12, 767
51,017
71,062

66, 567

16,273 7,357,263,418

1,988,156, 264

NATIONAL BANK NOTES OUTSTANDING

There were, as of October 31, 1940, $161,523,622 of national-bank
notes still outstanding.
BANKS IN THE DISTRICT OF COLUMBIA

On June 29, 1940, there were 9 national banks, 5 trust companies,
and 8 stock savings banks in the District of Columbia under the
supervision of the Comptroller of the Currency. These 22 associa-




REPORT OF THE COMPTROLLER OF THE CtTRRENICY

25

tions had loans and discounts aggregating $121,000,000, an increase
of $16,000,000 over the previous year. Their investments of $135,000,000 increased $4,000,000 in the year. Cash and balances with
other banks, including reserve balances, increased by $44,000,000, to
$159,000,000. Total deposits were $385,000,000, an increase of
$61,000,000 over 1939. The demand deposits of $266,000,000 included $227,000,000 deposits of individuals, partnerships, and corporations, an increase of $52,000,000. Time deposits amounted to
$119,000,000, all but $12,000,000 of which were savings deposits.
Surplus, profits, and reserves accounted for $29,000,000 of the capital
funds, which totaled $48,000,000. Figures with respect to the asset
and liability items of banks in the District of Columbia on June 29,
1940, appear in the accompanying tables:
Changes in principal items of assets and liabilities of banks in the District of Columbia,
year ended June 80, 1940
[In millions of dollars]
June 1940
Number of banks

Changes in
12 months

22
ASSETS

Loans and discounts:
Real estate loans
Loans to brokers and dealers in securities and other loans for the purpose of
purchasing or carrying stocks, bonds, and other securities
All other loans, including overdrafts

+7

+.31
+9

Total loans and discounts

+16

Investments:
U. S. Government direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Total investments

+3
-1
+1
+1
+.03
135

Cash, balances with other banks, including reserve balances, and cash items in
process of collection

+4

159

+44

437

Total assets

+64

LIABILITIES

Demand deposits:
Individuals, partnerships, and corporations
Other

Time deposits:
Savings
Other

+52

266

Total demand deposits

227
39

+53

107
12

+1
+8
+.08

Total time deposits

119

+8

Total deposits

385

+61

389

+63

Total liabilities, excluding capital accounts
CAPITAL ACCOUNTS

Capital stock, capital notes and debentures:
Capital notes and debentures
Preferred stock
Common stock
Surplus, profits, and reserves
Total capital accounts
Total liabilities and capital accounts

281684—41
3



-1

+.70
+.05
+2
48
437

+1

26

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of banks in the District of Columbia, by classes, June 29, 19401
[In thousands of dollars]
Total all National
banks
banks
Number of banks.
Loans and discounts:
ASSETS
Commercial and industrial loans
Agricultural loans
Open-market paper: Commercial paper bought in open
market
Loans to brokers and dealers in securities. .
Other loans for the purpose of purchasing or carrying stocks,
bonds, and other securities
Real estate loans:
On farm land (including improvements) _
On residential properties (other than farm)
On other properties
Loans to banks
All other loans
Overdrafts

Trust
companies

Savings
and State
banks

22

31,513
2

24, 855
2

2,723

3,935

1,005
773

417

314

1,005
42

2,502

1,439

576

487

101
35,412
13,213
6
36,846
24

37
11,607
4,052
6
14,151
18

37
17,375
8,341

27
6,430
820

9,436
3

13,259
3

121,397

56, 584

18, 734
1,861
19,273
41,822
1,617

12,486
1,760
8,635
27, 505
887

5,890
100
10,394
13, 722
667

358
1
244
595
63

Total
Obligations guaranteed by U. S. Government:
Reconstruction Finance Corporation
Home Owners' Loan Corporation
Federal Farm Mortgage Corporation
Other Government corporations and agencies_
Total
Obligations of States and political subdivisions (including
notes and warrants):
In default
Without specific maturity
Maturing in 5 years or less
Maturing after 5 years

83,307

51,273

30,773

1,261

3,421
18, 371
1,970
2,391

2,742
12,013
40
1,912

304
5,460
1,807

375

26,153

16,707

7,905

1,541

1,184

2
2
462
840

Total,
Other bonds, notes, and debentures:
U. S. Government corporations and agencies, not guaranteed by United States:
Federal Land banks
Federal Intermediate Credit banks
Other Government corporations and agencies
Other domestic corporations:
Railroads
Public utilities
Industrials
Allother
Foreign—public and private.
__.
Total
Corporate stocks:
Federal Reserve bank
Affiliates of reporting banks
Other domestic banks
_.
Other domestic corporations. _
Foreign corporations
_
_

2,871

1,553

1,306

12

2,717
85
6,177

1,308
85
5,109

1,280

129

""495

573

3,798
4,045
1,955
1,103

1,439
1,663
944
669
582

2,012
2,218
846

347
164
165
52
27

Total.
Investments:
U.S. Government obligations, direct and guaranteed:
Direct obligations:
Treasury notes
Bonds maturing in 5 years or less_
Bonds maturing in 5 to 10 years
Bonds maturing in 10 to 20 years
Bonds maturing after 20 years

Total
Total investmentsash, balances with other banks, including reserve balances,
and cash items in process of collection:
Cash items in process of collection, including exchanges for
clearinghouse
Demand balances with banks in the United States (except
private banks and American branches of foreign banks) _.
Other balances with banks in the United States (including
private banks and American branches of foreign banks).
» Exclusive
 of the Export-Import Bank of Washington.


5
2
831

877
20, 757

26,008

123
145

7,501

1,457
11

926
261
637
1

242
1

18
,
134,951

717
82,049

•

:

, -

437
261
24
394

24

1,116
48,601

30
4,301

13,004

8,542

3,518

944

53,821

36,843

15,047

1,931

370

45

105

220

27

REPORT OF THE C0'MPTROLI*EIR OF THE CTIKKENICY

Assets and liabilities of banks in the District of Columbia, by classes, June 29,1940—•

Continued
[In thousands of dollars]
Trust
companies

Total all
banks

National
banks

15
11, 578

7
6,940

6
2,905

Savings
and State
banks

ASSETS—continued

Cash, etc.—Continued:
Balances with banks in foreign countries (including balances
with foreign branches of American banks, but excluding
amounts due from own foreign branches)
Currency and coin _
Reserve with Federal Reserve bank and approved reserve
agencies
_
Total
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank
premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
__..
Total assets

2
1,733

79,849

49,777

23,175

6,897

158,637

102,154

44, 756

11, 727

15,412
3,293

7,212
727

7,095
2, 544

1,105
22

2,285
15

1,940

345

15

472
375

108
194

335
160

29
21

436,837

249,043

144, 236

43, 558

226,928
1,505
222

140,460
1,294
215

69, 715
112

16,753
99
7

34,126

31, 624

2,342

160

292

267

25

LIABILITIES

Demand deposits:
Deposits of individuals, partnerships, and corporations
Deposits of U. S. Government
_
_._ _
Deposits of States and political subdivisions
Deposits of banks in the United States (including private
banks and American branches of foreign banks).
Deposits of banks in foreign countries (including balances of
foreign branches of other American banks but excluding
amounts due to own foreign branches)
Certified and cashiers' checks (including dividend checks),
letters of credit and travelers' checks sold for cash, and
amounts due to Federal Reserve bank (transit account)..

2,740

1,966

511

263

Total demand deposits
Time deposits:
Deposits of individuals, partnerships, and corporations:
Savings deposits
Certificates of deposit
Deposits accumulated for payment of personal loans
Christmas savings and similar accounts
Open accounts...
Total
Postal savings deposits
Deposits of banks in the United States (including private
banks and American branches of foreign banks)

265,813

175,826

72, 705

17,282

107,174
1,563
3,285
3,225
2,814

43,812
1,541
251
1,192
1,780

46, 734
2

118,061
219

48, 576
201

48,292

16,628
20
3,034
1,141
370
21,193
18

585

465

50

70

Total time deposits
Total deposits
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not
earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
._

118,865
384,678

49, 242
225,068

48,342
121,047

21,281
38, 563

892
664

15
147
280
2,235

10
358
284

339
134
49

388, 529

227, 745

121, 699

39,085

970
18, 600
17,042
9,462
2,234

8,700
6,820
4,815
963

250
8,400
8,965
4,042
880

720
1,500
1,257
605
391

" 436,837

Total liabilities

15
496
772
2,568

21, 298
249, 043

22, 537
144. 236

43. 558

1,250
17, 350

1,000
7,700

8,400

250
1,250

18, 600

8,700

8,400

1,500

CAPITAL ACCOUNTS

Capital notes and debentures

Capital stock (SPA mp/morfl/nr|f», hp.lnw)

Surplus
Undivided profits
Reserves (see memoranda below) ___
Total capital accounts..
Total liabilities and capital accounts

48, 308

MEMOEANDA
Par value of capital stock:
Preferred stock _ _ _ _ _
_
_
Common stock
Total.




______
-.

4,473

28

HEPORT OF THE COMPTROLLER OF 'THE CURRENCY

Assets and liabilities of banks in the District of Columbia, by classes, June, 29,1940—

Continued
[In thousands of dollars]
Total all National
banks
banks
MEMORANDA—continued
Retirable value of preferred stock
Reserves:
Reserves for undeclared dividends and interest on capital
notes and debentures
Retirement account for preferred stock and capital notes
and debentures
Reserves for contingencies, etc
Total
Pledged assets:
U. S. Government obligations, direct and guaranteed,
pledged to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities
sold under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate powers, and for purposes other than to secure
liabilities
Total
- . -__
Secured liabilities: Deposits secured b y pledged assets pursuant to requirements of law
Total

Savings
and State
banks

Trust
companies

1,000

254

8

8

165
2,061
2,234

963
963

880
880

165
218
391

15,583

10,839

4,494

250

344

344

4,642
20, 569

2,096
13, 279

2,489
6,983

57
307

11,867
11,867

8,331
8,331

3,371
3,371

165
165

1,254

Reserves of Nonmember Banks in the District of Columbia
The Code of Law for the District of Columbia requires each bank
and trust company doing business in the District and not a member
of the Federal Reserve System to establish and maintain reserves on
the same basis and subject to the same conditions as are prescribed
for national banks located in the District of Columbia, except that the
reserves are carried with such designated agency or agencies as are
approved by the Comptroller of the Currency.
The nonmember banks held net demand deposits subject to reserve
and time deposits on each of the three calls in the year ended October
31, 1940, averaging from $30,600,000 to $33,700,000. The ratio of
reserves required against such deposits was a little over 10 percent,
while the ratio of reserves held ranged from nearly 19}£ to 22K percent.
Figures showing the reserves of nonmember banks appear in the
accompanying table:
Reserve of nonmember banks in the District of Columbia at date of each call during
year ended Oct. SI, 1940
[In thousands of dollars]
Dec. 30,
1939
Number of banks
Net demand deposits subject to reserve
Time deposits-Net demand plus time deposits
Reserve with reserve agencies:
Required
Held
Excess

June 29,
1940

8
13,088
17, 578
30,666
1.

Ratio of required reserves to net demand plus time deposits.
Ratio of reserves held to net demand plus time deposits




Mar. 26,
1940
8
13,625
18,965
32, 590

8
13,998
19, 759
33, 757

3,169
5,928
2,759
Percent
10.33
19.33

3,333
7,357
4,024
Percent
10.23
22.57

3,438
6,875
3,437
Percent
10.18
20.37

REPORT OF T H E CO'MPTROLLEIR. OF T H E CTJKKENICY

29

Earnings, Expenses, and Dividends of Banks in the District of Columbia
Gross earnings of all active banks in the District of Columbia in the
calendar year 1939 were $11,912,000, or $289,000 more than in the
previous year. Interest and discount on loans accounted for $5,206,000 and interest and dividends on bonds, stocks, and other securities
$3,571,000. Expenses were $293,000 more than in the preceding year,
amounting to $8,704,000. Of this, $4,004,000 were salaries, wages,
and fees, and $1,670,000 interest on deposits. Net earnings were
$3,208,000, which were increased by $2,092,000 of recoveries. Recoveries on loans were $137,000, recoveries on bonds, stocks, and other
securities $493,000, and profits on securities sold $1,408,000. Losses
and depreciation at $1,845,000 were $332,000 less than in the preceding year. Losses on loans were $257,000, and losses on bonds, stocks,
and other securities $1,045,000. Net additions to profits before dividends were $3,455,000, or $975,000 more than in 1938, and were 7.36
percent of capital funds. Figures of earnings, expenses, and dividends
appear in the accompanying table:
Earnings, expenses, and dividends of all banks in the District of Columbia for the
year ended Dec. 31, 1939
[In thousands of dollarsj
Year ended
Dec. 31, 1939
Number of banks *
Capita] stock (par value), capital notes and debentures >
Capital funds 2
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and other securities
Other earnings
Total
Expenses:
Salaries, wages, and fees
Interest on deposits
Taxes
Other expenses
Total
Net operating earnings
Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold
Allother
Total
Total net operating earnings, recoveries, etc
._.
Losses and depreciation:
On loans
On bonds, stocks, and other securities-On banking house, furniture and fixtures
Other losses and depreciation
Total
Net addition to profits
Interest and dividends
Ratios:
Expenses to gross earnings.Net addition to profits to net operating earnings..
Net addition to profits to capital funds
Interest and dividends to capital stock, capital notes and debentures
Interest and dividends to capital funds-.

Increase or
decrease for
year

22
19,803
46,966

+1,485

5,206
3,571
3,135
11,912

+175
-78
+192
+289

4,004
1,670
1,041
1,989
8,704
— 3,208

+143
+39
+77
+34
+293

137
493
1,408
54
2,092
5,300

0
-915

-4
-64

+67
+664
-20

+647
+643
-159

257
1,045
330
213
1,845

-332

\ 3,455
1,466
Percent
73.07
107. 70
7.36
7.40
3.12

+975
+77
Percent
+.70
+30.49
+1.91
+.70
+.07

+153
-346
+20

1 At end of period.
2
Average of amounts shown by reports of condition for 5 calls from Dec. 31,1938, to Dec. 30,1939, inclusive.




30

JtEPORT OF THE COMPTROLLER OF THE CURRENCY

Building and Loan Associations in the District of Columbia
The assets of the 26 building and loan associations operating in
the District of Columbia under the supervision of the Comptroller
of the Currency on December 31, 1939, amounted to $137,493,000,
an increase of $11,410,000 in the year. Loans increased $11,516,000
to $129,691,000, and investments of $1,571,000 showed an increase of
$220,000. Shares of stock outstanding increased $5,011,000 to $117,989,000, and surplus, profits, and reserves of $14,328,000 increased
$3,994,000. Changes in the principal items of assets and liabilities
of District building and loan associations are shown in the accompanying table:
Changes in principal items of assets and liabilities of District of Columbia building
and loan associations, year ended Dec. 31, 1939
[Amounts in thousands of dollars]
Dec. 31,
1939
Number of associations
Loans.Investments.
Cash and bank balances.
Total assets
Shares
-Surplus, profits, and reserves..
Number of borrowing members
Number of nonborrowing members

26
129, 691
1, 571
4,004
137, 493
117,989
14,328
36,123
100,488

Change in
12 months
0
+11,516
+220
-792
+11,410
+5,011
+3.994
+3,364
-74

District of Columbia Credit Unions
At the close of business October 31, 1940, there were 25 active credit
unions operating in the District of Columbia which were recommended for approval by the Comptroller and licensed by the District
Commissioners under the provisions of the District of Columbia Credit
Unions Act, approved June 23, 1932.
On December 31, 1939, the 25 active District of Columbia credit
unions reported loans of $1,411,000, investments of $174,000, and cash
and deposits in banks of $151,000, which increased respectively in the
year $365,000, $43,000, and $25,000. Fully paid and installment
shares were $1,551,000, an increase of $377,000 in the year, and undivided profits and reserves increased by $50,000 to $159,000. Changes
in the principal items of assets and liabilities of these credit unions
appear in the accompanying table:
Changes in principal items of assets and liabilities of District of Columbia credit
unions, year ended Dec. 81, 1989
[Amounts in thousands of dollars]
Dec. 31,
1939
Number of credit unions
Loans
Investments
Cash and deposits in banks
Total assets
Shares
_.
Undivided profits and reserves
Number of borrowing members
Number of nonborrowing members.




25
1,411
174
151
1,738
1,551
159
11, 677
8,380

Change in
12 months

+1

+365
+43
+25
+432
+377
+5C
+2,257
+1,902

REPORT OF THE COMPTROLLER OF THE CTJRRENiCY

31

Export-Import Bank oj Washington
The Export-Import Bank of Washington, incorporated under the
Code of Law for the District of Columbia and established pursuant
to an Executive order dated February 2, 1934, submitted three condition reports to the Comptroller in the year ended October 31, 1940,
the same as required of other banks in the District. A statement of
its assets and liabilities as of the date of each call in the year follows:
Assets and liabilities of the Export-Import Bank of Washington at date of each call
in year ended Oct. 31, 1940
fin thousands of dollars]
Dec. 30, M a r . 26,
1939
1940
ASSETS

Loans and discounts
Balances with other banks and United States Treasurer i_
Furniture and fixtures __
Customers' liability on acceptances outstanding
Other assets

J u n e 29,
1940

42,220
35,617
3
36,115
987

51,822
27,032
4
46,696
1,030

74, 667

Total.

39,839
8,810
3
25, 404
611

114,942

126, 584

25.404
'477

36,115
448

46,696
350

45,000
1,000
2,532
254

74,000
1,000
3,125
254

74,000
1,000
4,280
258

74, 667

114,942

126, 584

LIABILITIES AND CAPITAL ACCOUNTS

Acceptances executed and outstanding..
Other liabilities.
Capital stock:
Preferred
Common
_.
Undivided profits
Reserves
—
Total.
1

Includes cash items in process of collection.

CHANGES IN PRINCIPAL ITEMS OF ASSETS AND LIABILITIES OF
STATE AND PRIVATE BANKS, YEAR ENDED JUNE 30, 1940

On June 29, 1940, there were 9,847 active banks other than national
in the United States and possessions, of which 9,239 were State commercial banks, including loan and trust companies and stock-savings
banks, 551 were mutual savings banks, and 57 were private banks.
The State and private banks had loans and discounts, including
overdrafts, of $13,378,000,000, an increase of $435,000,000 in the year.
State commercial banks held $8,403,000,000 of loans, which increased
$427,000,000 in the year. Mutual savings banks had $4,927,000,000
of loans, nearly all of which were on real estate. The total loans of
private banks were $48,000,000. State commercial banks had realestate loans of $2,418,000,000. Open-market paper, loans to banks,
and miscellaneous loans, including commercial, industrial, and agricultural loans, of the commercial banks amounted to $5,312,000,000,
$483,000,000 more than a year earlier.
United States Government direct obligations held by the commercial
banks aggregated $5,870,000,000, an increase of $581,000,000 during
the year, while mutual savings banks decreased their holdings of such
securities by $56,000,000, to $2,597,000,000. Total United States
Government direct obligations held by all State and private banks
increased $192,000,000 to $8,515,000,000. Obligations guaranteed
by the United States Government held by the commercial banks



32

[REPORT OF THE COMPTROLLER OF THE CURRENCY

increased by $311,000,000 in the year to $1,568,000,000. Mutual
savings banks held $516,000,000 of such securities, an increase of
$126,000,000 during the year. Obligations of States and political
subdivisions held by the commercial banks aggregated $1,658,000,000
on June 29, 1940, which was an increase of $154,000,000. Such holdings by mutual savings banks were $633,000,000, almost the same as
a year ago. Other bonds, notes, and debentures held by the commercial banks amounted to $1,398,000,000 and by mutual savings banks,
$1,348,000,000, decreases of $141,000,000 and $198,000,000, respectively. Corporate stocks held by all State and private banks, including stock of Federal Reserve banks, aggregated $512,000,000, an
increase of $15,000,000 in the year.
Cash in vaults of State and private banks on June 29, 1940,
amounted to $566,000,000, increasing $54,000,000 over the year previous. Balances with other banks, including reserve balances, aggregated $11,241,000,000, an increase of $2,201,000,000 during the year.
Most of the balances with other banks were reported by State commercial banks.
Mutual savings banks held virtually no demand deposits. Such
deposits held by the commercial banks aggregated $19,558,000,000,
an increase of $2,957,000,000. Private banks held $131,000,000 of
such deposits, a decrease of $501,000,000 during the year. Commercial banks held demand deposits of individuals, partnerships, and
corporations of $13,913,000,000, an increase of $2,368,000,000.
Savings deposits amounted to $6,072,000,000 in the commercial banks
and $10,574,000,000 in mutual savings banks, increases of $220,000,000
and $192,000,000, respectively. The total time deposits of all State
and private banks increased by $516,000,000 to $18,387,000,000.
Total deposits in such banks increased $2,972,000,000 in the year and
amounted to $38,079,000,000 on June 29, 1940, of which amount $27,302,000,000 were in the commercial banks, $10,631,000,000 in mutual
savings banks and $146,000,000 in private banks.
Mutual savings banks had no capital stock, but their surplus, undivided profits, and reserves amounted to $1,288,000,000, a decrease
of $47,000,000 in the year. Total capital funds of the commercial
banks were $3,528,000,000, an increase of $57,000,000 during the year.
Figures with respect to the above-mentioned asset and liability
items appear in the accompanying table:




33

REPORT OF THE COMPTROLLER OF THE CURRENCY

Changes in principal items of assets and liabilities of State and private banks, year
ended June 80, 19J.0
[In millions of dollar s]
All State and
private banks
June
1940
Number of banks

Change
in 12
months

State (commer- Mutual Savings
cial) !
June
1940

Change
in 12
months

June
1940

9,847

-90

9,239

-82

551

7,255

+170

2,418

+143

4,835

Change
in 12

months
-1

Private
June
1940
57

Change
in 12
months
-7

ASSETS

Loans and discounts:
Real-estate loans.
.__ - Loans to brokers and dealers in
securities and other loans for
the purpose of purchasing or
carrying stocks, bonds, and
other securities
All other loans, including overdrafts

+27

2

+.03

688

-204

673

-199

1

5,435

+469

5,312

+483

91

+4

32

-18

Total loans and discounts.._ 13,378

+435

8,403

+427

4,927

+31

48

-23

+192
+387

5,870
1,568

+581
+311

2,597

1,658

+154

1,398

-141

Investments:
U. S. Government direct obligations
..
.
Obligations guaranteed by U. S.
Government
...
Obligations of States and political subdivisions
Other bonds, notes, and debentures
. . . .
. ...
Corporate stocks, including
stock of Federal Reserve banks Total investments

8,515
2,085
2,302
2,756

+93
-350

-56
516 +126

633

-1

1,348 -198

512

+15

338

-10

167

+36

16,170

+337

10,832

+895

5,261

-93

979

+280

Cash, balances with other banks,
including reserve balances and
cash items in process of collection.. 11,807 +2, 255

10, 782 +2, 064

43, 329 +2, 908

31,194 +3, 347

14,005 +1, 960
5,687
+496

13,913 +2, 368
5,645
+589

2
1

19, 692 +2,456

19, 558 +2, 957

3

Total assets

-.03

11, 952 +153

14

48 -333
1 -50

11
10
7

-60
-11
-11

77 -465

46

-89

183 -592

LIABILITIES

Demand deposits:
Individuals, partnerships, and
corporations..
Other
Total demand deposits
Time deposits:
Savings
Other

16,653
1,734

+412
+104
+516

6,072
1,672

+220
+116

7,744

+.35
+.11
+.46

10, 574 +192
54
+6

90 -408
41 - 9 3
131 -501

7
8

-.61
-18

Total time deposits...

18, 387

+336

10,628 +198

Total deposits

38, 079 +2,972

27,302 +3,293

10, 631 +198

146 -519

Total liabilities, excluding capital accounts

38,480 +2, 964

27,666 +3, 290

10, 656 +202

158 -528

15

-18

CAPITAL ACCOUNTS

Capital stock, capital notes and debentures:
Capital notes and debentures
Preferred stock.
Common stock
Surplus, profits and reserves
Total capital accounts
Total liabilities and capital
accounts
1

128
159
1,270
3,292
4,849

-23
-15
-3

-21
-15
+30
+63

8

-2

-15

120
159
1,261
1,988

1,288

-47

9
16

-33
-31

-56

a, 528

+57

1,296

-49

25

-64

43, 329 +2,908

31,194 +3,347

Includes loan and trust companies and stock savings banks.




11,952 +153

183 -592

34

REPORT OF THE COMPTROLLER OF 'THE CURRENCY
DISTRIBUTION OF ALL BANKS

On June 29, 1940, there were 15,017 banks in the United States and
its possessions, of which 5,164, or 34 percent, were national banks.
Of these, 13,531, or 90 percent, were insured banks. All banks had
deposits of $71,153,000,000, 46 percent of which was in national banks
and 84 percent of which was in insured banks. There were 551
mutual savings banks which had $10,631,000,000 of deposits.
Classification of all banks, June 29, 1940
Banks

Deposits
Change
in 12
months
(percent
of grand
total)

Number

5,164
1,234

Total insured banks
Nonmember uninsured banks:
State commercial and private
Mutual savings
Total

_

47.16
.34

-.64
+.02

13, 531
2

34.39
8.21

7,082
51

National banks
State member banks
Nonmember insured lbanks:
State commercial
Mutual savings

Percent
of grand
total

90.10

986
500

6.57
3.33

15,017

100.00

Amount
(000
omitted)

+0.04 $33,013,714
+.77 18, 715,406

Percent
of grand
total

Change
in 12
months
(percent
of grand
total)

46.40
26.30

+0.85
+.81

6,696,271
1,427,505

9.41
2.01

-.58
+.08

. +.19

59,852,896

84.12

+1.16

-.20
+.01

2,096,629
9,203,933

2.95
12.93

+.14
-1.30

71,153,458

100.00

i Includes 3 nonmember insured national banks.
3
Includes 3 nonmember uninsured national banks.
NOTE.—Deposit insurance assessments paid by all insured banks to the Federal Deposit Insurance Corporation in the year ended June 30,1940, amounted to $43,271,826.35, of which $23,670,308.31, or 54.70 percent,
was paid by national banks.




Assets and liabilities of all active banks in the United States and possessions, June 29, 1940
[In thousands of dollars]
Banks other than national
Total all
banks

Number of banks

_

_

.-_

15,017

National
banks

5,170

All b a n k s

other than
national

9,847

State
(commercial)!
9,239

Mutual
savings

Private

s

551

ASSETS

Loans and discounts (including rediscounts and overdrafts):
Commercial and industrial loans
_
_____
Agricultural loans
_
_
_
Open-market paper
___
Loans to brokers and dealers insecuritiesOther loans for the purpose of purchasing or carrying stocks, bonds, and other securities
Real estate loans:
On farm land
On residential properties.__
_
...
On other properties
Loans to banks
All other loans
Overdrafts
Total loans and discounts...
_
Investments:
U. S. Government direct obligations
Obligations guaranteed by U. S. Government:
Reconstruction Finance Corporation
Home Owners' Loan Corporation
._
Federal Farm Mortgage Corporation
Other Government corporations and agencies
Total U. S. Government obligations, direct and guaranteed
Obligations of States and political subdivisions

_

_
_
_
_

3, 604,072
621, 516
297, 467
168,650
390,039

2, 564, 316
614, 362
230, 491
312, 931
374, 624

2, 544,936
613, 660
218, 884
306,843
366, 229

441
153
4,619
30
504

18,939
549
6,988
6,058
7,891

597,102
7, 582,928
1, 077,838
43, 594
4, 066,675
11,065

234,456
1, 282, 469
485,927
18, 735
2, 070, 334
5,562

362, 646
6, 300,459
591,911
24, 859
1,996, 341
5,503

348,881
I, 515,109
554,124
24,859
1,905,053
4,936

13, 288
4, 783, 724
37, 651

477
1,626
136

86, 068
14

5,220
553

22, 557, 670

9,179, 227

13, 378, 443

8,403, 514

4,926, 492

48,437

3

15, 734, 668

_.

6,168,388
1, 235,878
527,958
481, 581
764, 663

7, 219, 890

8, 514, 778

5,869, 601

48,188

1, 005, 757
1,881, 217
584, 307
504, 554

366,811
1, 066,195
247, 715
210, 615

638, 946
815, 022
336, 592
293, 939

530, 354
560, 757
255,992
220, 570

108, 447
253,832
80, 416
73, 290

145
433
184
79

3

19, 710, 503

9,111,226

10, 599, 277

7,437, 274

3,112,974

49,029

4. 230,472

1,928,352

2,302,120

1,657, 559

633,167

11, 394

Q
O

Q

d

SJ
z

i Includes trust companies and stock savings banks.




CO

en

Assets and liabilities of all active banks in the United States and possessions, June 29, 1940—Continued

CO
O5

[In thousands of dollars]
Banks other than national
Total all
banks

National
banks

All banks
other than
national

State
(commercial)

Mutual

Private

ASSETS—continued

Investments—Continued.
Other bonds, notes, and debentures:
U. S. Government corporations and agencies, not guaranteed by United States:
Federal land banks
Federal intermediate credit banks
_
^
Other Government corporations and agencies
___
Other domestic corporations:
Kailroads
Public utilities
Industrials
All other.
Foreign—public and private

W
134,974
168,341
165,655

77, 757
91,468
93,141

57, 217
76,873
72,514

46, 692
73,744
70,244

9,154
2,636
1,801

1,371
493
469

1,616,517
1,167,739
651,220
237,279
262,463

484,534
346,521
352,936
83, 546
118,342

1,131,983
821, 218
298, 284
153, 733
144,121

416, 643
330,306
256, 238
115,496
89,130

713,684
488,605
39,830
37,670
54,790

1,656
2,307
2,216
567
201

4,404,188

1,648,245

2, 755,943

1, 398,493

1,348,170

9,280

722, 724
7,022

216,611
841

506,113
6,181

332, 230

167,221

6,662
113

29, 074, 909 12,905, 275 16,169, 634 10, 831, 624

5,261,532

76,478

1,148,589
582,303
490,334
566,286
Currency and coin
Balances with other banks, including reserve balances and cash items in process of collection
_. 24, 535, 268 13, 294,801 11,240,467 10,291,610
597,251
1,239,300
642,049
Bank premises owned, furniture and fixtures
517,022
119,515
971,279
851,764
Real estate owned other than bank premises
279,160
65, 392
155,474
Investments and other assets indirectly representing bank premises or other real estate
90,082
80,611
42,339
100, 432
Customers' liability on acceptances outstanding
58, 093
50,330
58,672
154,756
Interest, cnTmnissions, rent, and other income earned or accrued but not collected
53,802
Cluer assets (including securities borrowed, insurance and other expenses prepaid, and cash items not in
275, 952
process of collection)
40, 305
195, 910
235, 647

74,328
905,051
124,496
571, 508

1,624
43,806
531
1,096
2
7,763
241

Total other bonds, notes, and debentures

-

Stocks of Federal Reserve banks and other domestic corporations
Stocks of foreign corporations
Total investments
_

Total assets

-._




-

—

_.

...

-

80, 213, 629 36,885,080

43,328,549

31,193,917

42,041
37, 301

2,436

11,952,218

182,414

g

3
3

LIABILITIES

Demand deposits:
Deposits of individuals, partnerships, and corporations
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks in the United States
Deposits of banks in foreign countries

___

_

_._

_

Total demand deposits.—
Time deposits (including postal savings):
Deposits of individuals, partnerships, and corporations:
Savings deposits
Certificates of deposit
Deposits accumulated for payment of personal loans
Christmas savings and similar accounts
Open accounts
Postal savings deposits
Deposits of States and political subdivisions
.
Deposits of banks in the United States
Deposits of banks in foreign countries
Total time deposits
Other deposits (certified and cashiers' checks (including dividend checks), letters of credit and travelers'
checks sold for cash, and amounts due to reserve agents (transit account))
_
Total deposits
_
_
_.
Bills payable, rediscounts, and other liabilities for borrowed money
Acceptances executed by or for account of reporting banks and outstanding
_
Interest, discount, rent, and other income collected but not earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities (including securities borrowed and dividends declared but not payable)

29, 981, 981 15, 976, 786 14,005,195 13,912,859
807, 273
518,805
288, 468
288,467
3,185,964 1, 936,456 1, 249, 508 1,247, 508
9,125,762 5,641, 680 3, 484,082 3,469,386
775, 461
343, 676
431, 785
407,344

2,529
1
463
56

89,807

43, 876, 441 24, 417, 403 19, 459,038 19, 325, 564

3,049

130,425

23,630,682 6,977, 727 16,652, 955
1, 220, 403
533, 532
686,871
94, 570
36,604
57, 966
206,100
78,792
127,308
674, 697
249,137
425, 560
76,082
46,192
29,890
527,633
334,400
193,233
303,959
93,720
210,239
8,006
4,975
3,031

6,071,906 10,574,162
682, 978
370
57,683
283
74,242
52,259
422, 333
430
29,890
192, 424
644
209,998
141
3,031

6,887
3,523

26, 742,132

8,355,079

18,387,053

7, 744, 485 10,628, 289

14, 279

534,885

301,925

232,960

232,023

1,537
14,640
24, 441

807
2,797
165
100

100

837

71,153, 458 33,074, 407 38,079, 051 27, 302,072 10, 631,438

145, 541

3

318
8,417
43
149
3,187

24,059
66, 579
39, 779
52, 843
217, 552

23, 738
58,162
39, 373
45, 411
197, 306

71,888, 502 33,408, 639 38,479,863

27,666,062

128,171
367. 892
2, 595, 730
3,492, 259
1,178, 771
562, 304

128,171
159,129
208, 763
1, 325, 886 1, 269,844
1, 249,961 2, 242, 298
710, 568
468, 203
338, 676
223,628

120, 209
159,129
1, 260,899
1, 359,983
401. 566
226,069

867,964
308, 674
111, 472

8,325,127

Total liabilities

26,969
117, 220
81,155
102, 584
407,116

3,476,441

3, 527,855

1,296,072

24, 759

43, 328, 549 31,193, 917 11,952, 218

182,414

2,910
50,641
41, 376
49, 741
189, 564

363
7,283
17,059
10, 656,146

157, 655

CAPITAL ACCOUNTS

Capital stock:
Capital notes and debentures
_
_
Preferred stock
Common stock
Surplus
Undivided profits
_
_
_
Reserves and retirement account for preferred stock and capital notes and debentures
Total capital accounts
Total liabilities and capital accounts




_

_

80, 213, 629 36,885,080

4,848,686

7,962
8,945
14. 351
328
1,135

CO

38

REPORT OF THE COMPTROLLER OF THE CURRENCY
REPORTS FROM NATIONAL BANKS

National banks in the continental United States, Alaska, the Territory of Hawaii, and the Virgin Islands of the United States were, in
accordance with the provisions of section 5211 of the Kevised Statutes,
called upon to submit three reports of condition during the year ended
October 31, 1940. Reports were required as of December 30, 1939,
March 26, 1940, and June 29, 1940. Summaries from all condition
reports, by States, were published in pamphlet form. National
banks were also required by the statute to obtain reports of their
affiliates and holding company affiliates other than member banks and
to submit such reports to the Comptroller as of the three dates for
which condition reports of the banks were obtained.
Under the general powers conferred upon him by law, the Comptroller required from each national bank two semiannual reports of
earnings, expenses, and dividends, one for the half year ended
December 31, 1939, and one for the half year ended June 30, 1940;
also reports of condition of all domestic and foreign branches of national banks as of June 29, 1940.
National banking associations authorized to act in a fiduciary
capacity were called upon to submit reports of their trust departments
as of the close of business on June 29, 1940.
In accordance with section 298 of the Code of Laws of the District
of Columbia, banks other than national in the District were required
to make to the Comptroller all condition reports and reports of earnings, expenses, and dividends obtained from national banks during
the year. Building and loan associations and credit unions in the
District of Columbia under the supervision of the Comptroller were
required to submit reports of their assets and liabilities as of December
30, 1939, and reports of receipts and disbursements for the year ended
December 31, 1939. The former practice of obtaining semiannual
reports from the latter associations was discontinued in 1939.
Detailed figures for reports of condition and earnings and dividends
are published in the appendix to this report,
EXAMINATION OF NATIONAL BANKS
The National Bank Act requires that each national bank be examined at least twice each year, in order that the Comptroller may be
kept currently informed of its condition and require such corrections
as are deemed necessary with a view to maintaining each bank in
sound condition. In addition to the regular examinations, special
examinations are conducted of banks the condition of which is
regarded as unsatisfactory.
During the 12 months ended October 31, 1940, 12,213 examinations
of banks, 3,011 examinations of branches, 2,589 examinations of trust
departments, and 79 examinations of affiliates were conducted.
Twenty-two State banks were examined in connection with conversions to or consolidations with national banks. Investigations
were also conducted in connection with applications for 10 new
charters and 62 new branches.
There are 12 examining districts in the country, each of which is
administered by a district chief national bank examiner, who is
assigned an appropriate number of examiners, assistant examiners,
clerks, and stenographers. The 12 districts are divided into sub-




REPORT OF THE COMPTROLLEIR OF THE CTJRRENlGY

39

districts, each in charge of an examiner. In Washington, the chief
national bank examiner has seven assistants who review for him the
reports of examination.
LIQUIDATION OF INSOLVENT NATIONAL BANKS 1

During the year ended October 31, 1940, there were no failures of
national banks or appointments of receivers in instances of technical
insolvency. There have now been a total of 17 national-bank failures
since the banking holiday of 1933 with total deposits at failure of
$11,848,952. All deposit accounts of 14 of these banks which failed
during the period 1934 to 1940, inclusive, subsequent to the effective
date of bank-deposit insurance by the Federal Deposit Insurance
Corporation were insured up to the amount of $5,000.
Substantial progress in completing the work of liquidating insolvent
national banks has been made during the past year. The number of
receiverships has been reduced from 367 to 255, and the number of
receivers from 133 to 88. The book value of the remaining assets
held by these receiverships has been reduced from $450,161,000 to
$337,904,000, while the estimated recoverable values have been
reduced from $128,151,000 to $87,267,000. Although these assets
include many types of property, the greatest problem has been
presented by the very large amount of real estate, both that owned
in fee and that held by mortgage or judgment lien.
At the beginning of the year the 367 receiverships owned 9,323
parcels of real estate and this number was reduced to 6,622 during
the year, while the estimated values have been reduced from approximately 45 million to 36 million dollars, of which amount threeJourths
is held in 2 receiverships. At the present time there are but 135, of
the remaining 255 receiverships that own any real estate or liens upon
real estate. The number of mortgage and judgment liens (not including contracts for the sale of real estate taken in the course of liquidation) has declined from 8,700 to 4,500, and the estimated recoverable
values from 26 million to 13 million dollars. Sales of real estate
have been effected at market prices, so far as possible. While these
sales might have been speeded up by accepting offers at less than
market prices, we have felt that our responsibility both to the depositors and to the general welfare of the several communities has required
that we adhere to the slower but more orderly method of realization.
Sales of real estate by public auction were held in but 25 receiverships
and involved only 373 parcels. The aid of local real-estate brokers is
freely used, to whom commissions are paid at the prevailing rates.
Substantial progress has likewise been made in the liquidation of
stocks and bonds, both listed and unlisted, during the past year.
The estimated recoverable value in this type of asset has declined
from a total of 9.4 million to 3.6 million dollars, and of this balance
only a small proportion is readily salable through the exchanges.
The recoverable value of such securities held by pledge to secure the
obligations of debtors has also declined from 10.8 million to 2.6
million dollars.
The largest national bank ever to be placed in receivership was
the First National Bank—Detroit, Detroit, Mich. At suspension the
deposit liability of this bank was $398,798,000, which amount was
* Including District of Columbia nonnational banks and building and loan associations.



40

REPORT OF THE COMPTROLLER OF THE CURRENCY

reduced by offset and otherwise to a total of $335,845,000 for which
claims for dividend purposes were asserted. These deposits, including
additional liabilities established subsequent to failure were originally
held by 565,845 individual and corporate claimants. In 1934, however, the 384,360 claims of all persons holding receiver's certificates
of $300 or less, representing deposit liabilities of $22,425,000, were
purchased at par by a group of 690 depositors, who continued thereafter to hold such claims and to receive dividends thereon as paid.
At the present time, therefore, there are 153,275 claimants exclusive
of the owners of 28,900 inactive accounts, interested in the remaining assets. During the past year a dividend of 20 percent was authorized, bringing to 100 percent the returns to the holders of all proven
claims. This payment was made possible by the aid of a commitment
for a loan from the Reconstruction Finance Corporation in the sum
of $40,000,000. By means of this dividend a distribution of
$67,169,000 is being made to the depositors. This bank suspended
February 11, 1933, and since that date total collections from assets
and stock assessment have amounted to $402,297,500 of which amount
the sum of $39,691,600 represents interest, rentals, and other forms
of income derived from the assets. The total expense incurred by
the receivership from suspension to September 30, 1940, amounts to
$19,182,900, of which $6,531,800 represents interest paid to the
Reconstruction Finance Corporation and lending banks upon loans
obtained to aid in the payment of previous dividends. This aggregate expense, which amounts to 4.38 percent of the total collections,
is much more than covered by the income derived from the assets,
although liquidation has not in any instance been retarded for the
sake of realizing this income. There remain in the hands of the
receiver assets having an estimated liquidation value in excess of
$60,000,000, from the proceeds of which the funds borrowed for
dividend purposes must be paid. Of this estimated value approximately 26 million dollars is comprised in owned real estate, 10 million
dollars in mortgage liens, and 20 million dollars in the unpaid balances
of contracts for sale arising from sales of real estate negotiated by the
receiver. There are in the receiver's hands a considerable number
of promissory note obligations and of securities that are now known
to be uncollectible and of parcels of real estate that have been allowed
to go to tax sale by reason of their very doubtful sale value. These
are being steadily reduced by sales to the highest bidder after proper
advertisement. The very large concentration of real-estate holdings
and interests within the area of a single city is necessarily a limitation
upon the rate at which sales may be effected and no prediction can
be made of the time that may yet be necessary to complete the process
of liquidation if it must pursue its customary and orderly course
although every reasonable effort to speed it up consistent with the
welfare of both depositor and community interest is being made.
The Comptroller of the Currency also supervises the liquidation of
insolvent nonnational banks and building and loan associations in the
District of Columbia. Of the 15 insolvent District of Columbia nonnational banks for which receivers have been appointed by the Comptroller of the Currency, 5 banks had been completely liquidated and
finally closed and 1 bank restored to solvency while 9 banks still
remained in process of liquidation as of October 31, 1940. Of the 5
District of Columbia nonnational bank receiverships liquidated and



REPORT OF THE COMPTROLLER OF THE CURRENCY

41

finally closed, 3 banks with assets at failure of $3,714,136 and dividend
payments to creditors amounting to an average of 101.15 percent of
claims proved were liquidated and finally closed during the year ended
October 31, 1940. The cost of liquidation of these 3 receiverships
amounted to an average of 7.96 percent of total collections including
offsets allowed.
The Fidelity Building & Loan Association, Washington, D. C , was
placed in receivership as of July 18, 1936, and thereafter completely
liquidated and finally closed as of August 30, 1939, with the payment
of dividends to creditors in the amount of 85 percent of claims proved.
This receivership, with total asset resources of approximately 5 million
dollars, was disposed of as a receivership in a comparatively short
time with a higher than average return to depositors and other creditors. The cost of liquidation of this receivership was furthermore
considerably lower than the average, or but 3.64 percent of total collections plus offsets allowed.
The nine insolvent District of Columbia normational banks remaining in process of liquidation under the supervision of the Comptroller
of the Currency as of October 31, 1940, had total asset and stock
assessment resources amounting to $15,734,941 from which have been
realized including offsets allowed, collections of interest, premiums,
rents, etc., the sum of $12,335,155. Total dividend payments to the
creditor claimants of these receiverships have amounted to $6,303,750
or an average of 62.13 percent of total claims proved. Total costs of
liquidation of these receiverships to October 31, 1940, amounted to
$1,300,396 or an average of 10.54 percent of total collections, including
offsets allowed.
Total collections by receivers during the year from assets of the
367 insolvent national banks administered, including offsets allowed
and collections of interest, premiums, rents, etc., amounted to $48,042,211. Total costs of liquidation of these insolvent national banks
for the year amounted to $5,349,339 or an average of 11.13 percent
of total collections from all sources including offsets allowed. This
average cost of liquidation may be regarded as approximately normal
in amount in view of the increased average liquidation age of receiverships administered and the fact that percentage costs of liquidation
are comparatively low during the early years of receivership administration but increase progressively from date of failure to date of final
closing. Costs of liquidation have furthermore been considerably
increased during recent years by reason of interest payments to the
Reconstruction Finance Corporation and to lending banks upon
loans made to receivers for dividend-payment purposes. A summary
of total receipts and disbursements of receivership funds during the
past year appears in the statement following:
281684—41

4




42

(REPORT OF THE COMPTROLLER OF THE CURRENCY
Liquidation statement, summary for year ended Oct. 31, 1940
Total all receiverships

367

Number of banks
Collections:
Cash balances in hands of Comptroller and receivers at
beginning of period
_
Collections from assets
Collections from stock assessments
Earnings collected
_
.
...
_.
Offsets allowed and settled (against assets)
Total
Disposition of collections:
Dividends paid by receivers to unsecured creditors
Dividends paid by receivers to secured creditors
Distributions by conservators to unsecured creditors
Distributions by conservators to secured creditors.
Payments to secured and preferred creditors, other than
through dividends...
—
Offsets allowed and settled (against liabilities)
Disbursements for the protection of assets.
Payments of receivers' salaries, legal and other expenses. Payments of conservators' salaries, legal and other
expenses
Amounts returned to shareholders in cash
_
Decrease in unpaid balance of Reconstruction Finance
Corporation loans
Decrease in unpaid balance of bank loans
Cash balances in hands of Comptroller and receivers at
end of period
Total..
Average percent total cost of liquidation to total collections
including offsets allowed.

District of
Columbia
nonnational
bank receiverships
12

355

$41,934,501
33,864,483
3, 645, 353
8,321, 575
2,210,800
19,976, 712

$694,434
416, 782
12,722
42,129
11,340
1,177, 407

$41,240,067
33,447, 701
3,632,631
8,279,446
2,199,460
88, 799,305

21,909,453
152,817
286, 711
38,119

626,974
54
0
0

21, 282, 479
152, 763
286, 711
38,119

2,724,065
2, 210,800
» 4,656,485
5, 552, 986

5,014
11,340
38,635
87,382

2, 719, 051
2,199, 460
i 4,695,070
5,465, 604

i 208,647
125,937

0
0

i SOS, 647

529,500
1,306,300

0
0

529,500
1, 306, 300

National
bank receiverships

125,937

60,000,106

408,008

89,976, 712

1,177,407

59,592,098
88, 799, 305

11.13

18.09

11.06

i Credit adjustment in accordance with revised figures submitted by Receivers.

During the year ended October 31, 1940, the liquidation of 112
receiverships was completed and all affairs of such receiverships
finally closed. Total returns to the depositors and other creditors
of these receiverships consisting of dividend distributions, other
cash payments and offsets allowed amounted to an average of 82.37
percent of total amounts due. The costs of liquidation of these
receiverships, including unrecovered amounts of disbursements for the
protection of assets, amounted to an average of 7.15 percent of total
collections including offsets allowed. The average period of time
required to complete the liquidation of these receiverships was 7
years. A statement as to the results of liquidation of these 112
insolvent national banks is given below:
Liquidation statement, 112 administered receiverships completely liquidated and
finally closed, year ended Oct. 81, 1940
Total all
receiverships

District of
Columbia
National
nonnational
bank
bank
receiverships
receiverships

112

3

109

Total assets taken charge of by receivers..
$192,082,838
Disposition of assets:
Collections from assets
111, 630,369
Offsets allowed and settled (against assets)
10,768,600
66, 625,679
Losses on assets compounded or sold under order of court.
3,058,190
Book value of assets returned to shareholders' agents
192,082,838
Total

$3,714,136

$188,368,702

Number of banks..

_ _.




2,885, 624
142,875
685, 637
0
3, 714,136

108, 744, 745
10, 625, 725
65,940,042
3,058,190
188,368,702

43

KEPOS.T OF T H E CO'MPTROLLEIR OF T H E •CtTKRENlCT

Liquidation statement, 112 administered receiverships completely liquidated and
finally closed, year ended Oct. 31, 1940—Continued
District of
Columbia
National
Total all
bank
nonnational
receiverships
receiverships
bank
receiverships
Collections:
$111,630,369
Collections from assets
8,085,680
Collections from stock assessments
9,382,184
Earnings collected
10, 768,600
Offsets allowed and settled (against assets).
Total
139,866,833
D isposition of collections:
Dividends paid by receivers to unsecured creditors
60,110, 267
Dividends paid by receivers to secured creditors
1,828, 302
Distributions by conservators to unsecured creditors
14, 316,557
Distributions by conservators to secured creditors
41, 213
Payments to secured and preferred creditors other than
42, 713, 514
through dividends
Offsets allowed and settled (against liabilities)
10, 768,600
Disbursements for the protection of assets
397,167
Payments of receivers' salaries, legal and other expenses...
8,641,022
Payments of conservators' salaries, legal arid other expenses
965,962
Amounts returned to shareholders in cash
84,229
Total
139, 866, 833
Capital stock at date of failure
United States bonds held at failure to secure circulating notes-United States bonds held to secure circulation, sold and circulation redeemed
Circulation outstanding at date of failure
Amount of assessments upon shareholders
Total deposits at dajte of failure
Borrowed money: Bills payable, rediscounts, etc., at date of
failure
Additional liabilities established subsequent to date of failure.
Claims proved (both secured and unsecured)
Average percent dividends paid to claims proved
Average percent total payments to creditors to total liabilities
established
Average percent total cost of liquidation to total collections including offsets allowed
Average period required to complete liquidation
1

$2,885, 624
190, 254
200, 521
142,875
3,419, 274

$108, 744,745
7,895,426
9,181, 663
10, 625. 725
136,447, 559

1, 512,042
0
698,675
10, 750

58, 598, 225
1,828,302
13,617,882
30,463

782,917
142,875
180
235,152
36,683
0
3,419,274

41,930,597
10, 625, 725
396,987
8, 405,870
929, 279
84,229
136,447,559

15, 571, 060
8,572, 500

306,060
0

15,265,000
8, 572, 500

8,572,500
8,374,403
14, 518,560
121,694,861

0
0
306,060
2,342, 279

8, 572,500
8,374,403
14,212,500
119,352, 582

31, 316,699
4,545,312
106, 535,871

751,030
49,011
2,196,124

30,565,669
4,496, 301
104,339, 747

71.62

101.15

70.99

82.37

100.16

82.01

7.15

0)

7.96

(0

7.13

7 years, 0 months.

It will be noted from the above statement of liquidation that total
collections from assets including earnings, offsets allowed and collections from stock assessments, of the 112 receiverships completely
liquidated during the year amounted to 67.70 percent of total assets
and stock assessments. Total earnings consisting of interest, premiums, rents, etc., collected by receivers from the assets of these banks
amounted to 93.78 percent of the total expense of liquidation incurred.
The assessments against shareholders averaged 93.24 percent of their
holdings while total collections from assessments levied amounted to
55.69 percent of the amount assessed.
As of October 31, 1940, 255 insolvent national banks remained in
process of liquidation under the supervision of receivers appointed by
the Comptroller of the Currency. While it will, no doubt, be impossible to conclude the liquidation of all of these receiverships during the
forthcoming year, nevertheless it appears that by far the majority of
such banks will have been completely liquidated and finally closed by
October 31, 1941.
A statement as to the progress of liquidation to date of these 255
insolvent national banks, including data as to receipts and disbursements of funds realized by receivers from the collection of assets is
given below:




44

REPORT OF THE COMPTROLLER OF THE; CURRENCY
Liquidation statement, 255 active receiver ships as of Oct. 31, 1940
Total all
receiverships

Number of banks

255

Total assets taken charge of by receivers
Disposition of assets:
Collections from assets _. .
Offsets allowed and settled (against assets)
Looses on assets compounded or sold under order of
court
Book value remaining assets
Total

District of CoNational bank
lumbia nonnational bank receiverships
receiverships

.

Collections:
Collections from assets
Collections from stock assessments
Earnings collected
Offsets allowed and settled (against assets)
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 to unsecured creditors
Distributions by conservators to secured creditors-.
Payments to secured and preferred creditors, other
than through dividends
Offsets allowed and settled (against liabilities)
Disbursements for the protection of assets
Payments of receivers' salaries, legal and other expenses
Payments of conservators' salaries, legal and other
expenses _. _ _ _
- _
Amounts returned to shareholders in cash
Cash balances in hands of Comptroller and receivers.
Total .
Capital stock at date of failure
United States bonds held at failure to secure circulating
notes
United States bonds held to secure circulation, sold and
circulation redeemed
Circulation outstanding at date of failure
Amount of assessments upon shareholders
Total deposits at date of failure
Borrowed money: Bills payable, rediscounts, etc., at
date of failure
Additional liabilities established subsequent to date of
failure
Claims proved (both secured and unsecured)
Average percent dividends paid to claims proved,
Average percent total payments to creditors to total
liabilities established
Average percent total cost of liquidation to total collections including offsets allowed
-

9

246

$1, 869,438, 870

$15,128, 081

$1,854,310, 789

1,149,480,178
121, 365, 584

9, 762, 982
1, 408, 918

1,139, 717,196
119, 956, 666

260,689, 200
337,903,908

1, 507,654
2,448, 527

259,181, 546
335,455,381

1,869,438,870

15,128,081

1,854,310, 789

1,149,480,178
72,205,025
103,095, 647
121, 365, 584

9, 762, 982
204,809
958,446
1, 408, 918

1,139,717,196
72,000, 216
102,137, 201
119,956,666

1, 432, 926

0

1,432, 926

1,447, 579, 360

12, 335,155

1,435, 244, 205

633,241,687
7, 517,686

4, 534, 905
35, 202

628,706,782
7,482,484

143, 379, 701
802,036

1, 733,590
53

141, 646, 111
801, 983

358,037, 256
121, 365, 584
43, 075,141

2,835,387
1,408,918
78, 696

355, 201,869
119,956,666
42,996,445

72, 756, 092

1,146,118

71, 609,974

7, 293,108
110,963
60, 000,106

154, 278
0
408,008

7,138,830
110,963
59,592,098

1,447, 579, 360

12, 335,155

1,435,244,205

137,049, 675

896, 860

136,152,815

61,455,000

0

61,455,000

455,000
421,276
752, 525
558,116

0
0
606, 860
11,492,029

61,455,000
60, 421, 276
133,145, 665
1, 266, 066,087

229,418,441

2,967,288

226,451,153

38, 017, 627
1,061,863, 253

411,192
10,145, 885

37, 606,435
1,051, 717,368

61,
60,
133,
1,277,

73.92

62.13

74.03

81.83

70.93

81.94

5.54

10.54

5.49

It will be noted from the data given above that the average cost of
liquidation of receiverships involved has been comparatively low or
but 5.54 percent of total collections from all sources including offsets
allowed, and that the average percent of total payments to all creditors
is comparatively high or 81.83 percent of total liabilities established.
Further data as to total deposits and amounts of dividend payments by percentage groups of the 255 receiverships still in process of
liquidation and for all other receiverships administered from the
year 1865 to October 31, 1940, appear in the following statement:



Number and deposits of national and District of Columbia nonnational banks l placed in receivership period Apr. 14, 1865, to Oct. 31, 1940,
by groups according to percentages of dividends paid to Sept. 30, 1940 (Revised)
Liquidation banks

Periods and bank groups

Dividends paid, 100 D i v i d e n d s paid, 75
percent and over
to 99.9 percent
Number of
banks

Deposits

Number of
banks

Deposits

D i v i d e n d s paid, 50

to 74.9 percent
Number of
banks

Deposits

D i v i d e n d s p a i d , 25 Dividends paid, less

to 49.9 percent
Number of
banks

Deposits

than 25 percent
Number of
banks

Deposits

1 C

Number of
banks

Idl Odll&S

Deposits

Restored
to solvency
banks 2

Total
all
banks

Number of
banks

Number of

Receiverships completely liquidated and finally closed or restored to solvency (2,719 banks):

a

Apr. 14, 1865, to Oct. 31, 1930
(data for individual annual
report years unavailable;
deposits prior to 1880 unavailable—84 banks) (974
banks)

208 $77,296, 606

163

$64, 572, 547

211

$66, 952, 690

Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.

6
11
8
8
28
40
86
3 76
26
19

1, 994, 080
15, 873, 316
4, 412,925
4, 431, 721
5,083, 636
14, 723, 916
50, 715, 003
33, 477,651
20, 910, 457
17, 397, 983

16
16
13
18
29
46
80
110
61
36

5, 323,140
5, 549, 989
5, 826, 514
8, 517, 835
11, 801, 668
12, 246, 387
38, 690, 969
54, 346, 379
58,631,031
43, 639, 246

22
33
21
17
34
56
85
106
42
38

8,334,115
14, 038, 797
9, 692, 212
10, 532, 532
13,854,445
18, 483, 929
38, 027, 988
56, 203, 459
32,056,684
43, 319, 262

308 169,020,688

425

244, 573,158

454

244, 543,423

88

814, 835, 265

92

237, 592, 386

44 131, 588, 338

16

15, 341, 222

255 1, 277, 558,116

0

255

676 1,123,980,970

757

549,088,499

488 281,879,098

363

91,388, 537

2,815 2, 370, 855, 303

159

2,974

1, 1930 to Oct. 31, 1931
1, 1931 to Oct. 31, 1932....
1, 1932 to Oct. 31, 1933
1, 1933 to Oct. 31, 1934.. _.
1, 1934 to Oct. 31, 1935 . . .
1, 1935 to Oct. 31, 1936....
1, 1936 to Oct. 31, 1937
1, 1937 to Oct. 31, 1938....
1, 1938 to Oct. 31, 1939....
1, 1939 to Oct. 31, 1940-..

Total 1931-40 (1,745 banks)...
Active receiverships as of Oct. 31,
1940 (255 banks)
Grand total (2,974 banks)._..
1
2

I

banks

Q

15

78, 200, 905

531 324, 518,199

Including building and loan associations.
Deposits for banks restored to solvency unavailable.




156 $45, 465,025
29
27
15
8
30
43
52
48
21
15

8,497, 657
10, 027, 603
6, 902, 413
1, 451, 334
9,062,628
12, 556, 918
19, 900, 033
16,991,046
10,103, 204
9, 332, 899

288 104,825, 735

159 $30, 828,899

897

$285,115, 767

77

974

18
10
12
13
31
29
38
24
9
4

5, 589,946
2, 250, 071
3, 095,192
1, 657, 228
4, 319, 951
4, 452, 292
7, 420, 214
6,158, 246
2, 269, 805
8, 005, 471

91
97
69
64
152
214
341
3 364
159
112

29, 738, 938
47, 739, 776
29, 929, 256
26, 590,650
44,122,328
62, 463, 442
154, 754, 207
167,176, 781
123, 971,181
121, 694,861

8
25
9
28
11
1
0
0
0
0

99
122
78
92
163
215
341
3 364
159
112

188

45, 218,416

1,663

808,181,420

82

1,745

3
Exclusive of 1 receivership finally closed during the year ended Oct. 31, 1933, but
reopened as a receivership and again finally closed during the year ended Oct. 31,1938.

Or

46

BEPOUT OF THE COMFTROLLEK OF THE CURRENCY
ISSUE AND REDEMPTION OF NOTES

Seven hundred and one shipments of Federal Reserve currency
were made from Washington, D. C , during the year ended October
31, 1940, to the Federal Reserve banks and branches, aggregating
$2,076,800,000, and in addition 14 deliveries were made to the Treasurer of the United States aggregating $41,200,000.
Fifty-two weekly reports were furnished the Secret Service Division showing the highest Treasury serial number, faceplate and backplate serial number appearing on the Federal Reserve notes shipped.
This information is useful in suppressing counterfeits.
Three thousand and forty-nine lots of unfit Federal Reserve currency were received for verification by 100-percent count and certification for destruction consisting of 97,134,973 notes, aggregating
$1,302,815,705.
Thirty-two lots of national-bank notes were received for verification by 100-percent count and certified for retirement and destruction
consisting of 1,373,625 notes aggregating $19,188,675.
Three thousand one hundred and seventy-two fragmentary or
charred Federal Reserve and national-bank notes aggregating $39,260
were presented for identification and approval.
RETIREMENT SYSTEM
As of October 31, 1940, there were 791 active members of the
retirement system for national-bank examiners, assistant examiners,
and clerks. Thirteen individuals have been retired since the establishment of the system on June 1, 1936, and a total of $35,226.26 has
been paid in retirement benefits to date. No death benefits were paid
in the current year.
PERSONNEL

The personnel of the Bureau of the Comptroller of the Currency at
the close of the year ended October 31, 1940, consisted of 1,274 persons,
of whom 495 were located in the main office in Washington and 779
in the field. The personnel of the Bureau decreased by 23 during
the current year ended October 31, 1940. The decrease in the personnel was chiefly in the Division of Insolvent National Banks and
resulted from curtailment of work in that division due to the continued reduction in the number of receiverships administered.
During the year, a total of 5 national-bank examiners and 23 assistant national-bank examiners left the service. In the same period, 5
assistant examiners were promoted to examiners and 44 assistant
examiners were appointed. The number of employees in each division
of the Bureau is given in the accompanying table:
Personnel of the Bureau of the Comptroller of the Currency as of Oct. 31, 1940
Office of the Comptroller and Deputy Comptrollers
Examining Division
Insolvent National Bank Division
Legal Division
Disbursement Division and Office of Chief Clerk
Organization Division and Preferred Stock Section
Statistical Division
Federal Reserve Issue and Redemption Division
Total




14
831
242
55
48
28
29
27
1,274

REPORT OF THE COMPTROLLER, OF THE CTJRRENiCY

47

EXPENDITURES OF THE CURRENCY BUREAU

The total expenditures of the Currency Bureau for the year ended
June 30, 1940, were $5,846,740.81, of which $5,573,554.02 was reimbursed by the banks. Total expenses paid by appropriation were
$273,186.79, the regular pay roll accounting for $243,230.09 of this
amount. Among expenses reimbursed by the banks, those on account
of examinations were largest at $3,483,489.57. Printing of Federal
Reserve notes cost $627,723.80. Insolvent national bank pay roll,
including retirement deductions, aggregated $707,441.37. Details of
expenditures are given in the accompanying table:
Expenses incident to maintenance of Currency Bureau, fiscal year ended June 80,1940
Expenses
paid from
appropriations
Salaries:
Regular roll, including retirement deductions
Federal Reserve issue and redemption division, including
retirement deductions
Insolvent national bank division roll, including retirement
deductions

Expenses
reimbursed
by banks

$243, 230.09
$53, 269. 62
707,441.37

Total salaries..

$1,003,941.08

General expenses:
Printing and binding
Stationery
Amount expended for light, heat, telephone, telegraph,
furniture, labor-saving machines, etc., partially estimated
_____
_ _ __ ._
_
Travel and sustenance
Miscellaneous, rent, etc

24,821.00
2,491.00

6,235.88
7,348.12

2,644.70

8,312.31
31, 534. 99
120,910. 78

Total general expenses.

204,298. 78

Currency issues—Federal Reserve notes:
Paper
Printing, etc
Plates
Total currency issues ._

,

107 807 40
627,723.80
80,992.20

_
_

816,523.40

Expenses account of national bank examining service, paid by
banks
Postage on shipments of Federal Reserve notes
Surcharge paid on consignments
Total expenses paid from appropriations
Total expenses reimbursed by banks
Total expenses
____




Total expenses

_

3,483,489.57
126,665. 58
211,822.40
273,186.79

5,573, 554.02

3,483,489. 57
126,665.58
211,822.40

5,846,740.81




APPENDIX
49

51

REPORT OF THE COMPTROLLER OF THE C'URRENlCY

TABLE NO. 1.—Comptrollers and Deputy Comptrollers of the Currency, dates of
appointment and resignation, and States whence appointed
Date of
appointment

Name

No.

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
Eckels, James H
Dawes, Charles G
Ridgely, William Barret.
Murray, Lawrence O
Williams, John Skelton_.
Crissinger, D. R .
Dawes, Henry M
Mclntosh, Joseph W
Pole, John W
O'Connor, J. F. T
Delano, Preston
__.

May
Mar.
Feb.
Apr.
May
Apr.
May
Aug.
Apr.
Jan.
Oct.
Apr.
Feb.
Mar.
May
Dec.
Nov.
May
Oct.

9,1863
21,1865
1,1867
25.1872
12,1884
20,1886
1,1889
2,1892
26,1893
1,1898
1,1901
28,1908
2,1914
17,1921
1,1923
20,1924
21,1928
11,1933
24,1938

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
Apr. 16,1938

Indiana.
New York.
Ohio.
Minnesota.
Do.
South Carolina.
Michigan.
New York.
Illinois.
Do.
Do.
New York.
Virginia.
Ohio.
Illinois.
Do.
Ohio.
California.
Massachusetts.

Aug. 1,1865
Jan. 31,1867
Apr. 24,1872
Jan. 3,1886
Jan. 3,1887
May 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
Feb. 15,1936

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.
California.
Texas.
California.
Iowa.
Do.

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
Tucker, Oliver P
Coffin, George M
Murray, Lawrence O.
Kane, Thomas P
Fowler, Willis J
Mclntosh, Joseph W._
Collins, Charles W.._.
Stearns, E. W
Await, F. G
Gough, E. H
Proctor, John L
Lyons, Gibbs
Prentiss, William, Jr__
Diggs, Marshall R
Oppegard, G. J
Upham, C. B
Mulroney, A. J
_
1 Term expired.

May 9,1863
Aug. 1,1865
Mar. 12,1867
Aug. 8,1872
Jan. 5,1886
Jan. 27,1887
Aug. 11,1890
Apr. 7,1893
Mar. 12,1896
Sept. 1,1898
June 29,1899
July 1,1908
May 21,1923
July 1,1923
1,1923
Jan. 61925
6,1925
July 1,1927
July 6.1927
Dec. 1.1928
Jan. 24,1933
Feb. 24,1936
Jan. 16,1938
.do
Oct.
May

Jan. 23,1933
Jan. 15,1938

do
Sept. 30,1938
do

1,1938
1,1939

2 Died Mar. 2, 1923.

TABLE NO. 2.—Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, Oct. 31, 1940
Name
Post, H. Lee
Kane, William A
Benner, John A
Bentley, Thomas B
Birge, Warren R
Offutt, William F
Verrill, Harry M
Frye, Ruby M
Fuller, Jane L
Wigtiinton, Norval P-_.
Tucker, Samuel M
Stafford, Catherine M . .
Furbershaw, Miriam, _>
Horsey, Olga S
Basinger, Walter S
Tylor, Gertrude I
Heizer, Helen V
O'Mara, Vera L
Whelan, Marjorie B
Henderson, Virginia D .




Designation
Chief, Organization Division..
Administrative officer
Junior administrative officer..
Administrative officer
Junior administrative officer.
Junior administrative assistant,.
do
.do
.do..
.do.,
.do..
.do.,
.do.,
.do.:
Principal clerk.
do
Senior clerk
.do.
Senior clerk-stenographer.
do

Salary
$6,000
4,400
4,000
3,800
3,500
3,000
3,000
2,900
2,900
2,900
2.800
2,700
2,600
2,600
2,500
2,500
2,500
2,500
2,500
2,400

52

OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 2.—Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, Oct. 31, 1940—Continued
Designation

Name
Smith, W. Edwin
Crittenden, John W
Fox, Bessie E
Lovelly, Laura F
O'Brien, May F
Reese, William H
McFadden, Arthur M
Jackson, Andrew W
King, Dorotby C
Haygood, Ethel
Poole, Lillian I
Mortimer, Mary H
Smith, Helen M
Baker, Katharine W
Crist, Gladys H
Doran, E. Jessie
Friedrichs, Minna K
Robertson, Frances M_
Watts, Metta F
Buckley, Regina C
Beall, Clara M
Jamieson, William G
Barksdale, George T
Brannock, Burneta
Grossman, Albert F
Pullman, Mildred F
Chisholm, Elizabeth
Dodge, Victor H
Haymon, N. Mabel
McKinney, Elva L
Magruder, Edith P
Smith, Clara E
Walker, Johanna S
Gotten, Elizabeth
Jorgenson, John A
Pittle, Ethel Rod
Shea, Catherine L
Ballard, Margaret
Ethridge, Elsie E
Joyce, Atha-Lane
Sazama, Alice R
Arkin, Mae
Blake, Marie
Boyd, Nelle
Croson, Maud B
Dailey, William
Dent, Mary J
Hurd, Agnes E
Parsons, Ruth
Smith, Mabel W
Wilson, Mildred C
Wolfe, Alice M
Chamberlain, Robert J
O'Donnell, Josephine A
Gardner, Ruby
Murtaugh, Ruth A
Pullen, Dale D
Rutherford, Marjorie L
Shely, Myrtle B
Spring, Mildred A
Downing, Amy L
Lavender, Lora G
Lemnah, Norman F
Loveless, Dorothy M
McKnight, Dolas D
Mullins, Reva L
SchafT, Boyd F
Schultheis, James P
Dillon, Minnie L
Frock, Annie C
Riley, Winifred
Snoddy, Ralph D
Curtin, Anna E
Whiteman, Edgar
Christen son, Althea M
Johnston, Richard C
Lipkovitz, Israel S
Wilkins, Gordon W
Cover, Thomas A
Games, Haskell
Mims, Alvin E
Blount, Joseph T




Senior clerk
Principal clerk _
do.
Senior clerk
do
Clerk_
Senior clerk
Clerk
Clerk-stenographer
Senior clerk-stenographer.
do.
Clerk-stenographer
Clerk
Assistant clerk
Assistant clerk-stenographer_
do_
Assistant clerk
Assistant clerk-stenographer.
Assistant clerk
.do.
__ Head typist
•
Senior operator, office devices..
Clerkdo
do
do
Assistant clerk
Assistant clerk-stenographer _
Assistant clerk
do
do

-

do
Voucher audit clerk _.
Clerk
Clerk-stenographer __.
do_
Senior stenographer _.
do
.doAssistant clerk-stenographer _
do
do
do
Assistant clerk.
do
do
_do_
Assistant clerk-stenographer..
Assistant clerk
do
.doJunior operator, office devices Junior clerk
Assistant clerk-stenographer. _.
do_
Assistant clerk
do
Head typist
Senior operator, office devices.
Senior stenographer
Assistant clerk-stenographer. __
do_
Assistant clerk
do
Senior stenographer
Assistant clerk
Assistant clerk-stenographer..
Counter clerk...
doJunior operator, office devices.
Junior clerk
Under clerk
Messenger
Junior clerk-stenograDher
Junior clerk
do_
Under clerk..
Messenger. _.
do
.-.do
....do

Salary
$2,400
2,300
2,300
2.300
2,200
2.160
2,100
2,100
2,040
2,000
2,000
1,980
1,980
1,980
1,980
1,980
1,980
1,980
1,980
1,920
1,920
1,920
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1,860
1, 800
1,800
1,800
1.800
1,800
1,800
1,800
1,800
1,740
1,740
1,740
1,740
1,740
1,740
1,740
1,740
1,740
1,740
1,740
1,740
1,740
1,680
1,680
1,680
1,680
1,680
1,680
1,620
1,620
1,620
1,620
1,620
1,620
1,620
1,620
1,620
1,620
1,620
1,620
1,560
1,500
1,440
1,440
1,440
1,440
1,440
1,440
1,440
1,380

53

REPORT OF THE COMPTROIJLEIR OF THE 'CURRENCY

TABLE NO. 2.—Names and compensation of officers and clerks in the Office of the
Comptroller of the Currency, Oct. 31, 1940—Continued

Jones, George S
Nixon, Clarence A
Thompson, Frank
Mann, Harry C
Barrett, Lester J
Berkley, Guy H
Hill, Edgar W
Robinson, Clarence E .
Wright, James H
Carter, Clifton W
Snyder, Lloyd
Moore, Frederick S
Murphy, Arvelle I
Ross, Willard A
Hall, Ralph T
Martin, Julian C

Salary

Designation

Name
Messenger,
doJunior laborer..
Under clerk
Messenger
do
.do-do_
_doUnder clerk..
do
Messenger-.do
_do_
_do_
.do_

$1, 380
1,380
1,380
1,320
1,320
1,320
1,320
1,320
1,320
1,260
1,260
1,260
1,260
1,260
1,200
1,200

TABLE N O . 3.—Number of national banks organized since Feb. 25, 1863, number
passed out of system, and number in existence on Oct. 31, 1940
Under
Under
Under
Under

act of Feb. 25,1863
act of June 3,1864, as amended
Gold Currency Act of July 12,1870
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 Nov. 7,1918
-Number placed in charge of receivers i

5,852
208
412
2,801

Total number passed out of the system
1

456
9,222
10
. . . . 4,752

_

14,440

9,273

Number now in existence
Exclusive of those restored to solvency.

5,167

TABLE NO. 4.—National banks reported in liquidation from Nov. 1, 1939, to Oct. 31,
1940, the names, where known, of succeeding banks in cases of succession, with date
of liquidation and capital
Name and location of bank

The First National Bank at Swayzee, Ind. (13862), succeeded by
Grant County State Bank, Swayzee
The Farmers National Bank of Claysville, Pa. (9307)
The First National Bank of Carnegie, Okla. (11763)
The First National Bank of Linden, Ala. (7148), succeeded by First
Bank of Linden
The First National Bank in Clear Lake, Iowa (14085), succeeded by
Clear Lake Bank and Trust Company
The Hailey National Bank, Hailey, Idaho (9145), absorbed by First
Security Bank of Idaho, Boise, Idaho
The First National Bank of Lyle, Minn. (5706), absorbed by Farmers
State Bank, Lyle
The Yonkers National Bank and Trust Company, Yonkers, N. Y.1
(9825), succeeded by Yonkers National Bank and Trust Company.
The St. Charles National Bank of Norco, La. (13839)
The First National Bank of Tyrone, Okla. (10032), absorbed by The
Citizens State Bank, Liberal, Kans
The First National Bank of Hunter, N. Dak. (6985), succeeded by
Security State Bank of Hunter
The First National Bank of Pocasset, Okla. (10960)
The First National Bank of Elkhart, Kans. (11187)
The Nyack National Bank and Trust Company, Nyack, N. Y.
(2378), succeeded by Nyack Bank and Trust Company
The Welden National Bank in St. Albans, Vt. (13800), absorbed by
Peoples Trust Company of St. Albans
The Citizens National Bank of Sour Lake, Tex. (11021), absorbed by
Sour Lake State Bank
The Farmers & Merchants National Bank of Hooker, Okla. (12128),
absorbed by The First National Bank of Hooker
i With 2 additional offices.




Date of liquidation

Capital
Common

Preferred

Sept. 30,1939
Nov. 4,1939
Nov. 1,1939

$27,750
25,000
30,000

$22,250
25,000

Nov. 2,1939

50,000

Nov. 9,1939

25,500

Jan.

21,1939

50,000

Dec.

11,1939

25,000

Dec. 13,1939
Dec. 16,1939

400,000
50,000

28,1939

400,000

25,000

Dec. 30,1939
Jan. 24,1940
Nov. 29,1939

24,500

30,000
25,000
25, 000

Oct.

Jan.

31,1940

200,000

375,000

Feb.

1,1940

61,000

39,000

Jan.

27,1940

50,000

Feb.

3,1940

40,000

15,000

54

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 4.—National banks reported in liquidation from Nov. 1, 1939, to Oct. 31,

1940, the names, where known, of succeeding banks in cases of succession, with date
of liquidation and capital—Continued

Name and location of bank
First National Bank in Lamar, Mo. (14196), absorbed by Lamar
Trust Company
The Lumbermen's National Bank of Chippewa Falls, Wis. (3778),
absorbed by The First National Bank of Chippewa Falls, which
later changed its title to "The First and Lumbermen's National
Bank of Chippewa Falls"
The National Bank of Westfield, N. Y. (3166), absorbed by Union
Trust Company of Jamestown, N. Y
The First National Bank of Stonington, Conn. (735)
The First National Bank in Casey, 111. (13673), absorbed by The
Casey National Bank
The Sebastopol National Bank, Sebastopol, Calif. (11161), absorbed
by The Analy Savings Bank, Sebastopol
_.
The Security National Bank of Taylor, N. Dak. (12502), succeeded
by Security Bank of Hebron, N. Dak
.__
"The Tottenville National Bank," Tottenville, New York, N. Y.
(8334), absorbed by "Staten Island National Bank & Trust Company of New York" (P. O. Port Richmond, Staten Island, N. Y.)_
The First National Bank of Staples, Minn. (5568), absorbed by
Staples State Bank
The National Bank of Commerce of Superior, Wis. (13165), absorbed
by The Union National Bank of Superior, which later changed its
title to "National Bank of Commerce in Superior"
The St. Regis Falls National Bank, St. Regis Falls, N. Y. (7733),
absorbed by Ogdensburg Trust Company, Ogdensburg, N. Y
The First National Bank of Caledonia, Minn. (7508), absorbed by
Sprague State Bank, Caledonia___
The Forest City National Bank, Forest City, Iowa (5011), succeeded
by Forest City Bank & Trust Company._-__._.
_.
The Citizens National Bank of East Northport, N. Y. (12593),
absorbed by The First National Bank and Trust Company of
Northport, N. Y
..
The Hartsdale National Bank, Hartsdale, N. Y. (12705), absorbed
by The County Trust Company, White Plains, N. Y
The First National Bank of Bally, Pa. (9402), absorbed by The
National Bank of Boyerstown, Pa
The Swedesboro National Bank, Swedesboro, N. J. (2923), absorbed
by Swedesboro Trust Company
First National Bank in Wilson, Okla. (12827), succeeded by The
Bank of Wilson
Lyndora National Bank, Lyndora, Pa. (8576), absorbed by The
Butler County National Bank and Trust Company of Butler
The First National Bank of Red Oak, Iowa (2130), absorbed by
Houghton State Bank, Red Oak
First National Bank in Mott, N. Dak. (14080) succeeded by Commercial Bank of Mott
_
The Security National Bank of Emery, S. Dak. (11812), succeeded
by Security State Bank, Alexandria, S. Dak._.
_
_
The First National Bank of Alpha, Mich. (10601)
The Whitesboro National Bank, Whitesboro, Tex. (10634), succeeded by Security National Bank of Whitesboro
The First National Bank of Sandstone, Minn. (9464), succeeded by
Sandstone State Bank
_
The Mt. Healthy National Bank, Mount Healthy, Ohio (14192),
absorbed by The Second National Bank of Cincinnati, Ohio
The First National Bank of Kennewick, Wash. (8948), absorbed by
The National Bank of Commerce of Seattle, Wash
The First National Bank of Thornton, Iowa (8340), succeeded by
"The First State Bank, Of Thornton, Iowa"
Hardin County National Bank in Eldora, Iowa (14286)
The Kingsboro National Bank, of Brooklyn in New York, N. Y.
(13304), absorbed by Colonial Trust Company, New York
The First National Bankof Lavonia, Ga. (8470), succeeded by Northeast Georgia Bank, Lavonia
The First National Bank of Barnum, Minn. (11761), succeeded by
State Bank of Barnum__
—
The Tilden National Bank, Tilden, Nebr. (10011), succeeded by The
TildenBank
The Farmers National Bank of Wadesville, Ind. (8927), succeeded
by Farmers Bank & Trust Company, Wadesville
The First National Bank of Mount Hope, W. Va. (11049), absorbed
by Bank of Mount Hope
The Eastern National Bank of York, Pa. (12305), absorbed by The
York National Bank and Trust Company
Total (53 banks) .




Date of liquidation

Capital
Common

Preferred

7,1940

$26,000

$24,000

Mar. 2,1940
Feb. 26,1940
Feb. 23,1940

100,000

50,000

37,500
100,000

100,000

Feb.

Mar.

30,1940

25,000

Feb.

29,1940

75,000

Mar.

11,1940

25,000

Mar.

30,1940

200,000

175,000

May

1,1940

25,200

19,800

May

14,1940

150,000

May

25,1940

25,000

May

23,1940

25,000

May

29,1940

50,000

June

8,1940

25,000

June

10,1940

50,000

Apr.

29,1940

75,000

50,000

Mar.

23,1940

100,000

74, 750

May

18,1940

25,000

25,000

50,000

June

17,1940

75,000

June

11,1940

100,000

June

12,1940

25, 500

24, 500

June
July

29,1940
12,1940

25,000
25,000

20,000

Mar.

28,1940

25,000

25,000

Aug.

5,1940

45,000

Aug.

1,1940

35,000

15,000

Aug.

9,1940

45,000

5,000

Sept.
Sept.

3,1940
5,1940

25,000
75, 000

July

31,1940

500,000

Sept. 23,1940

50,000

Aug.

19,1940

25,000

16,000

Sept. 30,1940

35,000

15,000

Oct.

5,1940

25,000

25,000

Oct.

1,1940

50,000

Oct.

7,1940

100,000
3, 563,450

1, 614, 800

REPORT OF THE CO'MPTOOMaEIR OF THE CtJRRENiCY

55

TABLE NO. 5.— National and State banks consolidated in the year ended Oct. 31,
1940, under Act of Nov. 7, 1918, as amended Feb. 25, 1927, and June 16, 1933
Capital stock
Surplus

Undivided
profits

$39,000

$35,170

40,000

3,786

Common Preferred
The Saugerties Bank, Saugerties, N. Y., w i t h . . . $75,000
and The First National Bank & Trust Company of Saugerties, N. Y. (No. 1040), which
100,000
had
consolidated Dec. 16,1939, under charter of the
latter bank (No. 1040) and title "The Saugerties National Bank and Trust Company,"
Saugerties, N. Y. The consolidated bank at
140,000
date of consolidation had
First National Bank at Portland, Maine (No.
13716), with
400,000
and The Portland National Bank, Portland,
Maine (No. 4128), which had
750,000
consolidated Dec. 30,1939, under charter of the
latter bank (No. 4128), and title "First Portland National Bank," Portland, Maine.
The consolidated bank at date of consolidation had
1,000,000
The Central Wisconsin Trust Company, Madison, Wis., with
100,000
and The First National Bank of Madison,
1,000,000
Wis. (No. 144), which had
consolidated Dec. 30, 1939, under charter and
title of the latter bank (No. 144). The consolidated bank at date of consolidation had.. 1, 000, 000
First Trust Company in Oshkosh, Wis., w i t h . . . 100,000
and First National Bank in Oshkosh, Wis.
500,000
(No. 6604), which had
consolidated Dec. 30, 1939, under charter and
title of the latter bank. The consolidated
bank at date of consolidation had
500,000
Grand Rapids Trust Company, Grand Rapids,
Mich., with
300,000
and The National Bank of Grand Rapids,
Mich. (No. 13758), which had
500,000
consolidated Jan. 11,1940, under charter of the
latter bank (No. 13758), and title "First
National Bank & Trust Company of Grand
Rapids," Mich. The consolidated bank at
date of consolidation had
520,000
The Lumbermen's National Bank of Menomi100,000
nee, Mich. (No. 4454), with
and The First National Bank of Menominee,
200,000
Mich. (No. 3256), which had
consolidated Mar. 9, 1940, under charter and
title of the latter bank. The consolidated
150,000
bank at date of consolidation had
City Trust and Savings Bank, Kankakee, 111.,
200,000
with
and The City National Bank of Kankakee,
200,000
111. (No. 4342), which had
consolidated April 20, 1940, under charter of
the latter bank (No. 4342), and title "City
National Bank of Kankakee," 111. The consolidated bank at date of consolidation had.. 250,000
The First National Bank of Harrison, N. Y.
7,500
(No. 12601), with
and The Rye National Bank, Rye, N. Y. (No.
100,000
5662), which had
consolidated Apr. 20, 1940, under charter and
title of the latter bank. The consolidated
bank at date of consolidation had
100,000
The Merchants and Mechanics National Bank of
Sayre, Pa. (No. 5684), with
50,000
and The First National Bank of Sayre, Pa.
(No. 5666), which had
125,000
consolidated June 22, 1940, under charter and
title of the latter bank. The consolidated
bank at date of consolidation had
150,000
Citizens Bank, Monroe, Wis., with
100,000
and The First National Bank of Monroe, Wis.
(No. 230), which had
150,000
consolidated Oct. 19, 1940, under charter and
title of the latter bank. The consolidated
bank at date of consolidation had—
150,000




$48,000

98,000

28,000

Total
assets

$1,336,348
1, 206, 962

2,307,235

140,000

87,915

500,000

68, 580

14,088,072

500,000

430,000

19, 220,862

110, 000

40,630

1,665,799

200, 000

650, 000

542,351

26,873,152

200, 000

650, 000
50,000

869, 526
22, 509

28, 291, 753
368,280

310,000

90, 437

10,892,048
10,868,175

6, 224, 866

450,000

172,862

100,000

80,000

14,451

1, 588, 563

180,000

320,000

264, 570

13, 263, 350

180,000

320, 000

13, 728,906

31, 000

1, 571, 039

108, 500

731

2, 217,451

150, 000

20, 000

3,429,067

20,000

91,125

3,086, 529

80, 000

100,000

15,434

38, 791

2, 587,975

75,000

40,000

5, 976, 754

200,000

2,042,216

450,000

3,839,651

400,000

50,000

5,841,904

50,000

13,956

958, 269

125,000

38,809

2,104,293

150,000
36, 000

73, 297
10,436

3, 081, 629
1,180,532

150,000

199, 659

2,860,999

100,000

50,000

3,699,383

56

[REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 6.—Number and capital of State banks converted into national banking
associations in each State and Territory from 1863 to Oct. 31, 1940
Number of
banks

Location

34
28
22
190
52
65

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New
States

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
Texas
Arkansas
Kentucky
Tennessee
Total Southern States..

Number of
banks

Location

Capital

$4,605,000
2, 595, 000
2, 029,990
72, 691, 200
16, 717, 550
18,932, 770

391

125,331, 291
9,820,450
1 37, 859, 095
585, 010
10, 249,372
1,080, 000

467

184, 925, 218

67
36
41
49
33
23
35
19
13
148
45
44
51

5,937,100
2, 608, 900
2 4, 511,000
5,212,000
6,837, 000
2,365,000
4,810,000
1, 560, 000
3, 625, 000
12, 542, 500
3,357, 500
3 8, 006, 900
8, 090,000

604

69, 462,900

25
29
79
27
37
118
45
52

$3 490, 000
2,208, 000
86,785,000
* 3,377, 000
3,695, 000
7, 791, 000
6 2,385,000
18, 501,800

412

128, 232,800

84
51
108
84
38
9
36
7
195

2,760, 000
1, 750,000
5, 535, 000
6
4 237 000
1, 585,000
320,000
7
2, 805, 000
400,000
8,170, 000

612

27, 562,000

74
30
113
26
1
5

8,175, 000
1,951, 000
45,272,800
1, 080,000
50,000
300,000

117, 571, 510

241
50
128,
6
36
6

Ohio
Indiana
Illinois
..
Michigan
Wisconsin .
Minnesota
Iowa _
Missouri.. . . .
__

Capital

1 $200,000 of which is preferred capital stock.
2 $300,000 of which is preferred capital stock.
$1,000,000 of which is preferred capital stock.
4
$157,000 of which is preferred capital stock.

3

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

...

Total Western S t a t e s Washington
Oregon. _ _
California
Idaho _
Nevada
. ... _
Arizona

__
_

Total Pacific States

249

56,828,800

Total United States

2,735

584, 583, 228

5
$55,000 of which is preferred capital stock,
e $25,000 of which is preferred capital stock.
7 $25,000 of which is preferred capital stock.

TABLE N O . 7.—Conversion of State banks and primary organizations as national
banks from Mar. 14, 1900, to Oct. 31, 1940
Conversion of
State banks
Classification
Number
Capital less than $50,000
Capital $50,000 or over..
Total




Capital

Reorganization
from State and
private banks
and national
banks

Primary organizations

Num- " Capital Number
ber

Capital

Total

Number

Capital

898 $23, 933, 300 1,167 $30, 909, 500 2,687 $69,375, 500 4,752 $124,218,300
918 281,429,800 1,350 217,808, 500 2,156 348,479,600 4,424 847, 717,900
1,816 305,363,100

2,517 248,718,000

4,843 417,855,100

9,176 971,936,200

TABLE N O . 8.—Number of national banks increasing their capital stocky together with the amount of increase monthly for years ended Oct. 31
since 1935
1936

I.

Month

Number

Common
capital

1937

PreNum- ferred Number capital ber

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

$190,000
532,500
1,004,350
1,387,535
784,550
935, 790
140,000
1, 222,500
5,998,000
7,299,729
1,494,325
1,124,875

$225,000
715,000
260,000
6 8,360,000
55,000

Total.

1361 22,114,154

32 11,270,000

650,000
675,000
320,000
10,000

1938

Com- Num- Preferred Nun*
mon
ber capital ber
capital

$467, 250
4,374,875
3,222,400
111 13,924,765
127 2,528,525
95 910,445
41 1,057,410
62 1,193,415
43 972,600
121 1,879,085
74 3,141,890
31 1,526,735
790 35,199, 395

3 $225,000
5 1,050,000
50,000
34,000
207, 250
100,000
50,000
10,000
191,000

19 1,917,250 3 625 21,670,627

1940

PrePreNum- ferred Num- Com- Num- Preferred Num- Common Num- ferred
mon
ber
ber capital ber capital ber
capital
ber capital
capital

23 $766,550
20 1,013,792
33 2,066,125
LI,
97 Hi 716, 715
118 1, 792,420
589,200
29
24 258, 770
206,800
14
35 1,046,105
147 1,164,400
52 794,100
255,650

1
Of these cases. 29 were effected by stock dividends aggregating $1,184,170; 296 cases
aggregating $13,005,290 were increases from net earnings incident to the retirement of
preferred capital stock, and 4 cases aggregating $259,160 were conversions of preferred
capital stock; also includes a correction of $2,000.
a Of these cases, 37 were effected by stock dividends aggregating $5,086,100; 673 cases
aggregating $22,407,545 were increases from net earnings incident to the retirement of
preferred capital stock, and 18 cases aggregating $1,036,700 were conversions of preferred
capital stock.
3 Of these eases, 25 were effected by stock dividends aggregating $1,804,500; 555 cases
aggregating $15,728,202 were increases from net earnings incident to the retirement of




Common
capital

1939

$552,850
33 2,447,750
40 3,674,208
""" 1,326,180
1571,
112 810,525
39 1,244,345
1,
18 494,928
16 770, 700
27 469, 359
172 2,171,125
" 393,975
"
734,692

$400,000
215,000
35,000
200,000
30,000
375,000
70,600
130,000
13 1,455,600

4

699 15,090,637

15
25
47
246
77
45
38
31
33
179
44
35

n

$15,000
70,000

$374,653
406,994
2,258,900
3,759,334
866,454
842,148
856,150
1,178,950
479,690
1,546,720
788,450
889,712

1,142,857

29 10,461,250 5 815 14,248,155

21 14,777,857

4 $8,225,000
65,000
15,000
820,000
640,000
356,250
30,000
10,000
25,000
50,000
225,000

850,000
210,000
250,000
25,000
12,165,000
50,000

i

preferred capital stock, and 2 cases aggregating $60,050 were conversions of preferred capital stock.
* Of these cases, 22 were effected wholly or in part by stock dividends aggregating
$1,198,250: 633 cases aggregating $10,142,387 were increases from net earnings incident to
the retirement of preferred capital stock, and 3 cases aggregating $98,250 were conversions
of preferred capital stock.
« Of these cases, 32 were effected by stock dividends aggregating $1,712,950, and 731
cases aggregating $8,064,705 were increases from net earnings incident to the retirement of
preferred capital stock.

Cn

58

[REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 9.—Number and authorized capital of national banks chartered and the
number and capital stock of banks closed in each year ended Oct. 81, since 1918,
with the yearly increase or decrease
Closed
Chartered

Consolidated
under act
Nov. 7,1918

Year
No.
1914
1915
1916
1917— .
1918—1919
1920
1921
1922
1923...,
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933—
1934
1935
1936
1937
1938
1939.....
1940

Capital

Loss to No.
capital

No.

195 $18,675,000
144 9,689,500
122 6,630,000
176 11,590,000
164 13,400,000
245 21,780,000
361 31,077,500
169 20,005,000
232 24,890,800
190 30, 522,500
135 21,375,000
251 26,040,000
160 29,705,000
135 43,570,000
113 26,160,000
141 38,195,000
108 12,240,000
78 9,690,000
68 87,145,000
176 74, 761, 500
476 61,174,100
49 7,780,000
20 2,465,000
29 5,355,000
875, 000
8
19 2,925,000
19 3 3, 282,000

In voluntaryliquidation

26
15
24
21
19
16
15
30
25
27
50
45
29
26
10
2
13
3
8
3
1
4

i $3,220,000
1 1,650,000
1850,000
13,275,000
1 2,575,000
1 1, 255,000
1 1,660,000
14,455,010
i 3,407,000
i 6,857,500
14,780,075
i 1,355,000
i 2,882,500
1 3,385,500
i 2,765,000
i 447,100
i 215,000
i 302,875
i 2 75, 000
i * 582, 500

Net yearly
Net yearly
increase
decrease
(exclusive of
(exclusive of
existing banks existing banks
increasing
decreasing
their capital) their capital)

Insolvent

Capital

No.

113 $26,487,000
82 13,795,000
135 14,828,000
107 14,367,500
68 16,165,000
83 16,380,000
84 14,730,000
93 37,075,000
103 18,910,000
121 39,290,000
155 40, 745,000
123 14,467,500
153 28,668,300
165 37,495,000
156 27,381,000
221 98,267,500
263 39,230,400
308 59,595,000
236 97, 340,300
155 26,805,000
357 45,263,000
189 19, 615,250
76 7, 680, 000
98 11,049, 540
47 4, 550,500
56 7,066,000
53 5 5,178,250

21
14
13
7
2
1
5
34
31
53
138
98
91
135
61
79
104
369
380
348
394
25
6
11
2
6

Capital

No.

Capital

No.

Capital

$1,810,000 61
$9, 622,000
1,830,000 48
5,935,500
805,000
26 9,003,000
1,230,000 62
4,007,500
250,000 94
3,015,000
25,000 135 $2,155,000
205,000 257 14,492,500
1,870,000 18
19, 790,000
2,015,000 77
690,800
3,405,000
3 14,747,500
9,635,000
174 30,260,000
6,420,000 15 3,492,500
5,412,500
114 8,820,810
8, 257,000
176 4,439,000
4,135,000
125 11,743,500
6,575,000
201 70, 707,575
8,355,000
288 35,260,400
46,862,000
599 96,809, 500
50, 505,585
515 55,406,385
76,107,500
305 27,656,000
56, 585,000
210 30,208,900
4,305,020
158 14,827,370
10,200,000
59 5,230, 000
1,987,150
82 7,269, 565
50,000
43 3,700,500
745,000
42 4,436,000
38 2,478,750

1 Amount of capital stock reductions incident to consolidations.
2
Preferred capital stock reduction.
3
Includes $582,000 preferred capital stock.
4
Includes $250,000 preferred capital stock.
»Includes $1,614,800 preferred capital stock.
TABLE N O . 10.-—Total number of national banks organized, consolidated under act
Nov. 7, 1918, as amended June 16, 1938, insolvent, in voluntary liquidation, and
in existence on Oct. 31, 1940

Organized

States

Consoli*
dated
under
act

In
liquidation

Insolvent

N o v . 7,
1918

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

_-_
-

127
80
85
370
67
120

5
2
1
21
2
4

13
5
16
28
2

Total New England States

849

35

991
415
1,276
30
140
31

51
16
43

2,883

115

-

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




_

1
4

In
existence

7

72
21
27
196
51
57

37
52
41
125
12
52

71

424

319

128
59
209
1
17

7

383
115
335
14
59
11

429
225
689
15
63
9

421

917

1,430

59

REPORT OF T H E COMPTBOiLLEIR OF T H E CTJTCKENlCY

TABLE NO. 10.-—Total number of national banks organized, consolidated under act
Nov. 7, 1918, as amended June 16, 1983, insolvent, in voluntary liquidation, and
in existence on Oct. 81, 1940—Continued

Organized

States

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

.

____

.

Total Middle Western States

._
__

__

_

__

_ _

_____

Total Western States___ _
.

Total Pacific States
. _

. _ _

Total Alaska and insular possessions
Total of United States, Alaska, and insular
possessions




28
38
44
43
42
42
45
16
16
140
39
37
36

73
64
57
49
80
41
58
32
53
544
53
104
92

130
77
44
21
51
52
66
24
29
446
50
95
71

104

566

1,300

1,156

24
11
15
5
9
6
4
9

112
98
227
77
53
116
204
58

311
200
279
148
105
175
232
138

243
124
335
81
103
188
104
85

83

945

1,588

1,263

3
12
1
4
3

12

100
93
83
75
76
12
55
25
83

109
74
184
186
71
21
82
35
435

47
40
134
182
43
26
78
22
209

38

602

1,197

781

221
147
509
109
38
17
31

17
2
12
3
1
1

51
30
64
35
6
4
6

109
88
334
56
16
6
19

44
27
99
18
13
6
5

1,072

. _.

17
11
4
6
8
1
2
4
3
32
1
9
6

2,618

____

248
190
149
119
181
136
171
76
101
1,162
143
245
205

259
219
402
447
193
59
218
82
739

_

. _

Alaska
Territory of Hawaii
Puerto Rico.
Virgin Islands

In
existence

3,879

_. _ _

_

Washington
Oregon
California
Idaho
Utah
Nevada
Arizona

In
liquidation

690
433
856
311
270
485
544
290

_

____

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

Insolvent

3.126

__

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

Consolidated
under
act
Nov. 7,
1918

36

196

628

212

1

1
4
1

4
1

13

1

6

6

14,440

412

6,060

5,167

5
6
1
1

3

1

2,801

60

REPORT OF THE 'COMPTROLLER OF T H E CURRENCY

TABLE NO. 11.—Changes of corporate title of national banks, year ended Oct. 31,
1940
Charter
No.
1040
4128
13758
10589
14386
5276
11831
12411
14275

2068
10393
4342
2125
13146
13643
14356
12957
6358
7236
14109
10167
11635
10028

Title and location

Date

The First National Bank & Trust Company of Saugerties, N. Y., to "The Saugerties National Bank and Trust Company" (incident to consolidation under act Nov. 7,1918, as
amended, with The Saugerties Bank, Saugerties, N. Y.)
The Portland National Bank, Portland, Maine, to "First Portland National Bank" (incident to consolidation under act Nov. 7,1918, as amended, with First National Bank at
Portland)
The National Bank of Grand Rapids, Mich., to "First National Bank & Trust Company
of Grand Rapids" (incident to consolidation under act Nov. 7,1918, as amended, with
Grand Rapids Trust Company, Grand Rapids, Mich.)
Beckley National Exchange Bank, Beckley, W. Va., to "Beckley National Bank"
The I-C National Bank of Chicago, Til., to "National Bank of Hyde Park in Chicago"
The City National Bank of Colorado, Tex., to "The City National Bank of Colorado
City"
The National City Bank and Trust Company of Marion, Ohio, to "The National City
Bank of Marion"
The Rembert National Bank of Long view, Tex., to "Longview National Bank"
The First & Commercial National Bank of Williston, N. Dak., to "First National Bank
in Williston"
Farmers and Merchants National Bank and Trust Company of Winchester, Va., to
"Farmers and Merchants National Bank"
The First Dakota National Bank and Trust Company of Yankton, S. Dak., to "First
Dakota National Bank"
The Blue Earth Valley National Bank of Winnebago, Minn., to "First National Bank in
Winnebago"
The City National Bank of Kankakee, 111., to "City National Bank of Kankakee" (incident to consolidation under act Nov. 7,1918, as amended, with City Trust and Savings
Bank, Kankakee)
The First National Bank of Chippewa Falls, Wis., to "The First and Lumbermen's National Bank of Chippewa Falls"
National Builders Bank of Chicago, 111., to "La Salle National Bank," Chicago
The National Bank of Martinsville, Ind., to "First National Bank, Martinsville"
Lake Worth National Bank, Lake Worth, Fla., to "First National Bank in Lake Worth".
The Woodside National Bank of New York, N. Y., to "Standard National Bank of New
York''
The Farmers and Merchants National Bank of Hobart, Okla., to "First National Bank
in Hobart"
The Union National Bank of Elgin, 111., to "Union National Bank and Trust Company
of Elgin"
The Union National Bank of Superior, Wis., to "National Bank of Commerce in Superior'*
The Security National Bank of Pasadena, Calif., to "Union National Bank of Pasadena".
The National Bank of Opelika, Ala., to "Opelika National Bank"
The First National Bank of Coal Creek, Lake City, Tenn., to "The First National Bank
of Lake City"

1939
Dec. 16
Dec. 30
1940
Jan. 11
Jan. 15
Jan. 18
Feb. 1
Do.
Do.
Do.
Mar. 1
Mar. 8
Apr. 1
Apr. 20
May 1
Do.
Do.
June 4
June 5
July 1
July 3
July 20
Sept. 3
Sept. 16
Oct. 1

TABLE N O . 12.—National banks chartered during the year ended Oct. 31, 1940
Capital stock

Charter
No.

Title
Common

Preferred

ARKANSAS

14429

Helena National Bank, Helena

$100,000
ILLINOIS

14424
14426
14430
14434
14435
14436
14437
14438
14439

First National Bank in Chester
. _
State National Bank of Lincoln
UptownNational Bank of Chicago
Tuscola National Bank, Tuscola
.Citizens National Bank of Albion
First National Bank of Nokomis
First National Bank of Steeleville
Western National Bank of Cicero
Union National Bank and Trust Company of Joliet
Total (9 banks)

.
...

50,000
100,000
300,000
50,000
50,000
50,000
50,000
200,000
125,000
975, 000

MICHIGAN

14432

Saginaw National Bank, Saginaw




_

200,000

$157,000

REPORT OF THE COMPTROLLER OF THE OURRENlCY

61

TABLE N O . 12.—National banks chartered during the year ended Oct. 31, 1940—Con.
Capital stock

Charter
No.

Title
Common

Preferred

MINNESOTA

14440

University National Bank of Minneapolis

$100,000

NEW YORE

14422

Yonkers National Bank and Trust Company, Yonkers..

150,000

$400,000

NORTH CAROLINA

14428
14433

City National Bank of Winston-Salem
Commercial National Bank of Kinston

____

Total (2 banks)

200,000
100,000
300,000

SOUTH CAROLINA

14425

The Citizens and Southern National Bank of South Carolina, Charleston.

700,000

TEXAS

14427
14431

Citizens National Bank & Trust Company of Goose Creek
Security National Bank of Whitesboro
Total (2 banks)

14423

City National Bank of Fairmont

50,000
25,000
75,000

25,000
25,000

WEST VIRGINIA

_ _
_

Total United States (19 banks)

100, 000
2, 700, 000

582, 000

TABLE N O . 13.—National banks for which increase of capital has been authorized
under act of Mar. 9, 1933, as amended, by issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation unless otherwise noted,
together with the amount of increase, and the rate of dividend, etc., during the year
ended Oct. 31, 1940

Charter
No.

Title

Date

Preferred
increase
capital

Par
value
per
share

Percent
of diviSold at dend
to be
per
paid
share on the
par
value

CALIFORNIA

13044

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

1340

The Central National Bank of Middletown
ILLINOIS

14178
4342

The National Bank of Bloomington
City National Bank of Kankakee
Total (2 banks)
INDIANA

12444

Old National Bank in Evansville
MICHIGAN

14269

First National Bank of Crystal Falls.
NEBRASKA

6805

The Geneva National Bank, Geneva
N E W JERSEY

10248
11759
12646
1182

The Ventnor City National Bank, Ventnor CityCitizens First National Bank and Trust Company of Ridgewood
The First National Bank of Hamilton Square....
Hudson County National Bank, Jersey City
Total (4 banks)—

See footnotes at end of table.



mo

June 10 3$12,OOO,OOO
1940

$20.00

$50.00

$2.00

3 50.000

50.00

50.00

4

s 100,000
3100,000

25.00
100.00

25.00
100.00

3

3 500.000

100.00

100.00

2 310,000

50.00

50.00

15,000

75.00

75.00

f
150,000
\ 2 3 100,000

125.00
100.00

125.00
100.00

23100.000
2 3 15,000

25.00
100.00
14.00

25.00
100.00
24.50

Feb. 9

mo
Feb. 7
Apr. 20

200,000

mo
Feb. 2

mo
Mar. 11
19S9
Nov. 29

mo
Mar. 9
Apr. 6
June 19
Oct. 28

1,142.857
1,407,857

4

4
4
5
3
$1.22}*

62

[REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 13.—National banks for which increase of capital has been authorized
under act of Mar. 9, 1933, as amended, by issuance of preferred stock which was
purchased by the Reconstruction Finance Corporation unless otherwise noted,
together with the amount of increase, and the rate of dividend* etc., during the year
ended Oct. 31, 1940—Continued

Charter
No.

Title

Date

Preferred
increase
capital

Percent
of diviPar Sold at dend
to be
value
per
paid
per
share share on the
par
value

NEW YORK
1040

10185

The Saugerties National Bank and Trust Company.
_
. __ _

1939
D e c . 16

20.00

?0.00

The First National Bank of Southampton

3 50,000

100.00

100.00

3

3 50,000

50.00

50.00

4

2 3 100,000
83
50,000

10.00
10.00

11.00
10.00

40(4
3

100,000

100.00

100.00

4

3

20,000

100.00

100.00

5

Apr. 3
May 4

50,000
3 25,000

12.50
100.00

12.50
100.00

4
3

June 26

1100,000

37.50

37.50

4

June 15

Total (2 banks)

100,000
OHIO

5075

1940
July 9

The National Bank of Ashtabula
PENNSYLVANIA

13196
2334

m

50,000

1940

Upper Darby National Bank, Upper Darby
The Farmers National Bank of Pennsburg

1940
Feb. 5
Mar. 19

2

Total (2 banks)

150,000

SOUTH DAKOTA

14099

1940
The Rapid City National Bank, Rapid City.... Feb. 1
WISCONSIN

10106
4312
14109
2125

The First National Bank of Baldwin..
The First National Bank of Rhinelander
The Union National Bank of Superior..
The First and Lumbermen's National Bank of
Chippewa Falls
-Total (4 banks)

1940

-.

195,000

Total United States (21 banks) __
•
• A.

TABLE N O . 14.

Charter
No.

14424
14425
14426
14427
14428
14430
14432
14434
14437
14438
14440

3

1939
Dec. 21

14, 777,857
2B.

3 Local.

National banks chartered which are conversions of State banks
during the year ended Oct. 31, 1940

Title and location

First National Bank in Chester.
The Citizens and Southern National
Bank of South Carolina, Charleston.
State National Bank of LincolnCitizens National Bank & Trust Company of Goose Creek.
City National Bank of Winston-Salem.
Uptown National Bank of Chicago
Saginaw National Bank, Saginaw
Tuscola National Bank, Tuscola— „ -.
First National Bank of Stee^eville
Western National Bank of Cicero
University National Bank of Minneapolis.
Total (11 banks)

1 IncludesI$157,000 preferredjjapitaljstock.



State

111

Date of
charter

ApproxisurAuthorized mate and
plus
capital
undivided
profits

1939
D e c . 30

$50,000

$89, 784

Approximate
assets

$1,484,071

1940

S. C

Jan. 20

700,000

257,159

9,436,199

Ill— .
Tex
N. C.___
111
Mich._._
111— -

Jan. 31
Feb. 7

100,000
50,000

145,071
114,101

2,070,453
2,155,187

200,000
300,000
^357,000
50,000
50,000
200,000
100,000

147,159
179,711
213,630
86,608
18,373
202,930
68,764

2,259,036
10,763,601
7,750,468
877,177
868,957
4,436,500
1,376,262

2,157,000

1,523,290

43,477,911

111
111

Feb. 17
Mar. 30
May 31
July 31
Sept. 30
._ do. -

Minn.__ Oct. 19
1

TABLE N O . 15.—National banks by States and geographical divisions, organized, failed, and reported in voluntary liquidation during the year
ended Oct. 31, 1940
Organized
States

Failed

Number
Number Authorized with pre- Authorized Number
preferred
chartered common
ferred
capital
capital
stock

Vermont
Connecticut

Number

Number
Common with pre- Preferred
capital
capital
ferred
stock
$61,000
100,000

1

$39,000

Assets

$968,589
162,705

2

_.

West Virginia
North Carolina
South Carolina
Georeia
Alabama
Louisiana
_.
Texas
Arkansas
Total Southern States

161,000

1

39,000

1,131,294

1

$150,000

1

$400,000

8
1
4

1,437,500
100,000
275,000

5
1
2

1,100,000
74,750
75,000

28,603,201
1, 311, 589
3,362,523

1

150,000

1

400,000

13

1,812,500

8

1,249,750

33,277, 313

1
2
1

100,000
300,000
700,000

1

50,000

344,969

50,000
50,000
50,000
75,000

1

25,000

485,242
327,173
466,964
929,691

2
1

75,000
100,000

1

25,000

1
1
1
2

7

1,275,000

1

25,000

6

275,000

1

25,000

9
1

975,000
200,000

15,000
47,250

100,000

35,000
52,750
25,000
25,000
250,000
145,200
275,500
26,000

1
2

1

1
2
1
1
2
5
5
1

1
1
3
1
1

20,000
50,000
60,800
24,500
24,000

1, 275,000

18

834, 450

10

241,550

I

737,823
1,234,436
365,456
71,885
5,496,440
1,895,223
5,489,124
264,688

11

I

2,554,039

15, 555,075

Ohio

Indiana
Illinois
Michigan
_.
_.
Wisconsin
Minnesota
_ _ _
_ _
Iowa
Missouri
Total Middle Western States




Assets

1
1

-.

Total New England States
New York
. _
New Jersey
Pennsylvania
Total Eastern States

Capital

Voluntary liquidation

1

157,000

1

157,000

o

o
CO

TABLE N O . 15.—National banks by States and geographical divisions, organized, failed, and reported in voluntary liquidation during the year
ended Oct. 31, 1940—Continued
Organized
States

North Dakota
South Dakota
Nebraska .
Kansas
Oklahoma
._

.

Number
Number Authorized with pre- Authorized
preferred
chartered common
ferred
capital
capital
stock

fcd

Capital

Assets

Common
capital
$80,500
25,000
35,000
25,000
145,000

1

$24,500

1

15,000

1

15,000

$700,363
257,235
336,451
232,770
545,624

310,500

3

54,500

2,072,443

1
1
1

Number

Number

11

Total Western States
Washington
California
Idaho

45,000
75,000
50,000

1

5,000

699,213
1,016,792
626,870

Assets

3

Total Pacific States




Number
with pre- Preferred
ferred
capital
stock

3
1
1
1
5

._.

Total United States

Voluntary liquidation

Failed

19

$2,700,000

3

$582,000

170,000

1

5,000

2,342,875

53

3,563,450

24

1,614,800

Q

W
6

O

g

56,933,039

w

65

REPORT OP THE COMPTROLLER OF THE CURRENCY

TABLE N O . 16.—Number and classification of national banks chartered monthly

during the year ended Oct. 31, 1940
Conversions
Month

Total

Capital

1
2
2
1

Capital

250,000
100,000
2,157,000

i $550,000

1

$100,000

1

50,000

2
1
11

Total
Number

2 50,000

1

100,000

3 357,000

1

Capital

Number

1

$50,000
800,000
250,000
300,000

1

Number

Primary organizations

3
2
2
3
1

1
2

||

November-.
December
January
February
March
-April
May-June
-- -- -July
August
September

Number

Reorganizations

5

800,000

i

3

2
2
2
2

125,000
325,000

19

Capital
1

$700,000
800,000
250,000
2
450,000
3

357,000

150,000
100,000
250,000
225,000
* 3,282,000

i n c l u d e s $157,000 preferred capital stock,
i n c l u d e s $582,000 preferred capital stock.

i Includes $400,000 preferred capital stock,
i n c l u d e s $25,000 preferred capital stock.

TABLE N O . 17.—Dates of reports of condition of national banks, 1914 to 1940
[For dates of previous calls see report for 1920, vol. 2, table No. 42, p. 150]
Year

Jan. Feb. Mar. Apr. M a y June July Aug. Sept. Oct. Nov. Dec.
13

4
4
7
5
4
4
28
21

1
1
1
10
12
4
28

10
31

3
6
12

23
28
27
27
25

12
2
12
11

31
10
17
20
1
17
15

31
12
8
6
15
14
10
28
10
3
4
24
29
30
25
17

i
28
2

31
31
27
31
31
31
29
31
29
31
31
31
31

31
31
31
30
31
31
31
31
31
coco

5
4
4
31
7
29
26

5

30
23
30
20
29
30
30
30
30
30
30
30
30
30
30
29
30
30
30
30
30
29
30
30
30
30
29

cococc

1914
1915
1916
1917
1918 _
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937.
1938
1939
1940-..

NOTES

Act of Feb. 25,1863, provided for reports of condition on the first of each quarter, before commencement
of business.
Act of June 3,1864—-First Monday of January, April, July, and October, before commencement of business, on form prescribed by Comptroller (in addition to reports on first Tuesday of each month showing
condition at commencemjent of business in respect to certain items; i. e., loans, specie, deposits, and circulation).
Act of Mar. 3,1869, not less than 5 reports per year, on form prescribed by Comptroller, at close of business
on any past date by him specified.
Act of Dec. 28,1922, minimum number of calls reduced from 5 to 3 per year.
Act of Feb. 25,1927, authorized a vice president or an assistant cashier designated by the board of directors
to verify reports of condition in absence of president and cashier.
Act of June 16,1933, requires each national bank to furnish and publish not less than 3 reports each year
of affiliates other than member banks, as of dates identical with those for which the Comptroller shall during
such year require reports of condition of the bank. The report of each affiliate shall contain such information
as in the judgment of the Comptroller shall be necessary to disclose fully the relations between the affiliate
and the bank and to enable the Comptroller to inform himself as to the effect of such relations upon the
affairs of the bank.
Sec. 21 (a) of the Banking Act of 1933 provided, in part, that after June 16, 1934, it would be unlawful
for any private bank not under State supervision to continue the transaction of business unless it submitted
to periodic examination by the Comptroller of the Currency or the Federal Reserve bank of the district,
and made and published periodic reports of condition the same as required of national banks under section
5211, U. S. R. S. Sec. 21 (a) of the Banking Act of 1933, however, was amended by section 303 of the Banking Act of 1935, approved Aug. 23,1935, under the provisions of which private banks are no longer required
to submit to examination by the Comptroller or Federal Reserve bank, nor are they required to make to
the Comptroller and publish periodic reports of condition. (5 calls for reports of condition of private banks
were made by the Comptroller, thefirstone for June 30,1934, and the last one for Juno 29,1935.)



TABLE No. 18
ASSETS AND LIABILITIES
OF NATIONAL BANKS ON DECEMBER 30, 1939; MARCH 26
AND JUNE 29, 1940, BY STATES AND TERRITORIES




67

REPORT OF THE COMPTROLLER OF THE CURRENCY
and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940
ALABAMA
[In thousands of dollars]
D e c . 30,
1939

M a r . 26,
1940

J u n e 29,
1940

66 banks

66 banks

66 banks

ASSETS

Loans and discounts
Overdrafts
.U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection._.
Bank premises owned, furniture arid fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets

83,651
61
19,907
13,147
30, 298
6,770
1,179
32,385
6,621
61,040
5,325
5,338

86,133
50
21, 251
10,491
30,538
6,362
1,203
33,156
5,302
60, 723
6,737
3,749

1,111
254

1,074
173

1,275
217

452
1,017

475
909

428
1,044

270, 779

Total assets..

88,578
38
20, 275
12,403
28,495
6,536
1,258
29, 315
5,831
64, 704
5,364
5,148

268,353

268,659

100,350
67, 804
689
5,527
23, 538
35, 633
1,803
235,3U
164, 117
71,227
10

101,076
69,378
534
5,445
20,829
34,378
1,349

106,299
70,556
527
5,520
18, 350
30, 484
1,995
233,731
160,086
73,646
81

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits

Bills payable, rediscounts, and other liabilities for borrowed money.
Acceptances executed by or for account of reporting banks and outstanding.
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
__.

258
346
274
178

175
389
367

217
364
371
165

236,410

Total liabilities.
Capital stock:

160,468
72,521
52

234,070

234,929

4,522
2,500
13, 292
20, SI 4
9,057
3,227
1,771

4,505

4,385

14,302
18,807

14,302
18,687
9,216
3,872
1,955

34,369

34,283

33 730

270,779

268,353

268, 659

11, 095

11,897

11,892

13, 783

12,686

13,382

446
214

509
107

467
107

25,538

25,199

25,848

25, 904

23, 003

22,668

10

42

38
16

25,914

23,045

22,722

CAPITAL ACCOUNTS

Class A preferred stock
Class B preferred stock
Common stock
Total capital stock

Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts.

4,487
1,891

MEMORANDA

Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
_.
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and tor purposes other than to secure liabilities
Securities loaned
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Other liabilities secured by pledged assets
Total.




70

BEPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. SI, 1940—Continued
ALASKA
[In thousands of dollars]
Dec. 30,
1939

ASSST3

June 29,
1940

4 banks

Loans and discounts
Overdrafts
.
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions,. Other bonds, notes, and debentures
Corporate stocks
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and
fixtures
__
Real estate owned other than bank premises.
_.
Interest, commissions, rent, and other income earned or accrued but
not collected
_
.
Other assets

Mar. 26,
1940
4 banks

4 banks

2,662
1
1,231
42
115
563
2
718
3,194
165
2

2,659
10
1,269
42
112
552
2
748
2,853
164
2

2,923
9
1,271
42
161
525
2
863
2,741
166
2
138

8,721

8,496

8,843

4,388
2,308
50
406
432
170
122

4,016
2,240
45
433
700
95
81
7,610
4,912

4,330
2,315
55
447
586
110
99
7,942
5,481
2,511
8

7,876

Total assets...

1
82

7,610

7,950

300
425
60
60

300
425
101
60

300
450

8,496

8,843

LIABILITIES

Demand deposits of individuals, partnerships, and corporations..
Time deposits of individuals, partnerships, and corporations
Postal savings deposits.
_
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Other liabilities
Total liabilities .

7,876
6., 432

*,4U

CAPITAL ACCOUNTS

Capital stock: Common stock.
Surplus
Undivided profits
Total capital accounts
Total liabilities and capital accounts..

75

845
8,721

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Total.

882
263

261

259

1,092

1,151

1,141
: •

Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law
Total.




••

,

576

958

576

958

REPORT OF THE COMPTROli.ElR OF THE CURKENlCY

71

and liabilities of national banks, by States, at date of each call during year
ended Oct. SI, 1940—Continued
ARIZONA
[In thousands of dollars]
D e c . 30,
1939

M a r . 26,
1940

5 banks

J u n e 29,
1940

5 banks

ASSETS

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
_.
Currency and coin
Balances with other banks, and cash items in process of collection...
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
_.
Interest, commissions, rent, and other income earned or accrued but
not collected..
Other assets.
_

27, 395
29
7,053
4,888
2,408
2,657
116
5,928
1,879
15, 243
1,440
210

24,411
33
6,455
4,886
3,035
2,851
116

100

75

50
4

135

94
101

143
123

71,099

70, 570

34,940
15,186
26
182
10, 743
1,516
1,362
63,955
48,605
15,850

35,488
15, 531
26
219
11, 535
1,513
1,056
65, 368
49, 711
15,657

35,079
15, 939
26
200
10,612
1,840
1,074
64,770
48,676
16,094

401
51
34

436
119
16

4
457
136
19

64,441

65,939

65, 386

1,203
1,325
2,528
1,282
734
584

1,197
1,325
2,522
1,286
840
512

1,197
1,325
2,522
1,287
766

Total assets-

Demand deposits of individuals, partnerships, and corporations—
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions - _
Deposits of banks
Other deposits (certified and cashiers' checks, etc.).
Total deposits
Demand deposits
Time deposits
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.
Capital stock:
Preferred stock
Common stock

1,
19,466
1,458
189

24,294
13
6,600
4,711
2,026
3,528
115
5,992
1,694
19,661
1,460
156

CAPITAL ACCOUNTS

Total capital stock..

Surplus
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts
Total liabilities and capital accounts..

5,128

5,160

5,184

69, 569

71,099

70,570

9,830

9,659

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Total.
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law
Total.




3,229

3,658

3,474

13,059

13, 317

12,834

11,122

10,917

11,121

11,122

10,917

11,121

72

itEPORT OF THE COMPTROLLER OF 'THE CURRENCY

Assets and liabilities of national, banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
ARKANSAS
[In thousands of dollars]
Dec. 30,
1939

ASSETS

Total assets

June 29,
1940

49 banks

Loans and discounts
Overdrafts
U . S . Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions.
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank.
Reserve with Federal Reserve bank...
__
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
_. .
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
..

Mar. 26,
1940
49 banks

50 banks

34,836
17
10,119
3,715
15,409
3,772
480
15,553
2,677
40, 644
1,883
458

33,958
35
9,520
3,463
16,318
3,693
457
15,727
2,796
38,765
1,878
476

34,979
34
9,338
3,051
16,438
3,357
465
15,148
2,244
38,226
1,880
446

58

58

154
142

135
145

129, 929

127,440

125,944

53, 809
27,167
104
920
10,081
22,906
1,230
116,217
88,386
27, 831
128
85
145

52, 539
26,908
119
902
9,844
21,700
1,486
113,498
85,907
27,591
10
144
143
2

50,594
27,256
113
873
12,461
19,877
656
111, 830
83, 930
27,900
15
144
110
137

116, 575

113, 797

112,236

830
255
5,173
6,258
4,253
2,386
457

782
255
5,175
6,212
4,293
2,647
491

741
155
5,376
6,272
4,337
2,542
557

13, 354

. .

58
172
136

13,643

13,708

129,929

127, 440

125,944

4,941

4,814

4,728

937

915

1,072

48

56

5,926

5,785

5,800

5,176

4,660

4,680

5,17

4,66

4,695

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government.
. _.
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits .
Bills payable, rediscounts, and other liabilities for borrowed money. _
Interest, discount, rent, and other income collected but not earned.. Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities

_.
CAPITAL ACCOUNTS

C a p i t a l stock:
Class A preferred stock
Class B preferred stock
C o m m o n stock

.

.

.

Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts
Total liabilities and capital accounts
MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, in
eluding notes and bills rediscounted and securities sold under
repurchase agreement
_
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements o
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Total




15

REPORT OF THE CO'MPTROiLLEiR OF THE CURRENCY

73

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
CALIFORNIA
[In thousands of dollars]
Dec. 30,
1939

Total assets

99 banks

99 banks

1,298,078
1,549
685,288
216,412
258,531
60,819
16,385
356,049
34,185
285,680
63, 898
16,190

1,273, 553
1,765
610,964
216, 542
255,911
57, 771
15,271
407,814
32,992
306,184
63, 921
15,806

1,286,921
1,629
627,423
240,072
276,799
64,091
15,860
461,190
34,450
301,686
63,096
15,664

32,390
3,332

33,880
3,189

33, 026
2,871

8,418
3,507

3,072

8,697
3,744

3,340,711

ASSETS

June 29,
1940

100 banks

Loans and discounts
Overdrafts
U.S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
O bligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection.Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets

Mar. 26,
1940

3,308,423

3,437,219

1,068, 536
1,342,093
2,060
92,477
305,118
187,445
36,454
3,034,183
1,603,224
1,530,959
170

1,059,350
1,352,012
2,061
91,497
265, 510
182, 788
40,310
2,993,528
1,487,327
1,606,201
64

1,106,675
1,372,647
2,067
92,226
287,302
195, 563
37,228
3,093,708
1,552,505
1,541,203
15

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of 17. S. Government
Deposits of State and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money..
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned...
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
Capital stock:

4,411

4,141
9,304
5,823
5,376
3,118,367

4,143
8,391
4,352
5, 033
3, 056,272

8,567
9,119
3, 024,497

19,310
116,694
136, 004

19, 272
116,668

31,269
116,661

135, 940

91, 906
38, 503
18,026

92,380
38,695
16,911

147,930
110, 010
34,216

CAPITAL ACCOUNTS

Preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
Pledged assets:
MEMORANDA
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers and for purposes other than to secure liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Other liabilities secured by pledged assets
Total

281684—41
6



284,439

283, 926

318, 852

3,340, 711

3,308,423

3,437, 219

362, 586

324,473

349, 246

168,092

166,064

171,118

7,670
538,348

7,760
498,297

528,181

448, 584

408,341

440, 543

150
755

44
5

449,489

408,390

7,817

440, 543

74

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended OcU 31, 1940—Continued
COLORADO
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

78 banks

78 banks

78 banks

ASSETS

Loans and discounts
Overdrafts.
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions _.
Other bonds, notes, and debentures.
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank__
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures.._
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate.
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected..
_
Other assets
Total assets..

67,933
27
48,961
8,519
11,704
13,428
702
53,761
5,315
102,003
3,107

69,367
26
50,364
7,159
11,091
13,094
704
52,634
4,769
98,684
3,071
261

150

150

112
4

353
170

402
178
316,479

344
141

70,876
23
53,759
8,441
11,723
12,979

5,265
96,870
3,090
306

313,023

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.) Total deposits
Demand deposits
...
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money.
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned- _
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.

311,825

145,921
70, 697
119
1,414
12, 616
49,497
3,677
283, HI
mo, 017
73,924
274

143,973
71, 685
118
1,124
17,055
50, 706
2,209
286,870
211,995
74, 876

145,415
71,715
94
1,176
14, 858
46, 677
2,255
282,190
207,113
75, 077
58

155
630
67

161
773
122
287,926

4
160
694
50
283,156

285,067

CAPITAL ACCOUNTS

Capital stock:
Preferred stock.
Common stock__
Total capital stock...
Surplus
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts
_
Total liabilities and capital accounts.

1,221
9,663
10,884
9,303
5,375
3,107

27,956

1,338
9,649
10,987
9,181
5,566
2,819
28, 553

313,023

316,479

311,825

17,605

18,755

18,188

2,375

2,625

2,741

65
20,045

149
21,529

21,031

15.385

18,667

16.142

170
15,555

18,667

16,159

1,397
9,601
10,998
9,183
4,981
2,794

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged to
secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
i

Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
.-Borrowings secured by pledged assets, including rediscounts and
repurchase agreements..
._.
Total
—
-




•

102

'

17

REPORT OF THE COMPTROLLER OF THE CURRENCY

75

Assets and liabilities of national banks} by States, at date of each call during year
ended Oct. 31, 1940—Continued
CONNECTICUT
[In thousands of dollars]
Dec. 30,

ASSETS

June 29,
1940

53 banks
Loans and discounts
._.
Overdrafts
U. S. Government securities, direct obligations
_. _
Obligations guaranteed by U. S Government
—
_
Obligations of States and political subdivisions
—.
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
--.
Total assets

Mar. 26,
1940
52 banks

52 banks

98,180
9
53,992
19,479
24,520
17, 985
1,337
38, 587
8,042
87,346
11,166

12
53,418
15,290
28,048
17,629
1,651
41,673
8,945
80,270
11,186
1,353

100,609
18
61,502
14,168
33,033
18,326
1,477
35,829
8,040
80, 686
10,972
1,321

29

39
108

41
30

409
434
362,975

459
136
358,466

435
91
366,578

178,098
88,316
171
4,384
19,438
20,332
8,104
818,843
228,574

174,707
89,243
110
4,251
21,235
20,247
4,253
814,046
221,901
92,145
20

179,830
89,121
110
4,188
23,418
19,897
5,750
822,814
281,171
91,143
50

108
550
818
318
315,860

30
563
732
408
324,097

3,249
1,097
17,090
21,486
14,737
4,501
1,734
42,408

3,246
1,097
17,039
21,882
14,698
4,892
1,634
42,606

3,184
1,097
17,047
21,828
14,869
4,436
1,848
42,481

362,975

358,466

366,578

15, 715

15,551

16,209

7,336

7,512

7,755

1,238
24,289

852
23,915

905
24,869
-

20,327

19,276

19,983

25
20,352

20
19,296

50
20,033

1,432

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
1 _ _.
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money.
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities

25
28
506
769
396
320,567

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
.__
Class B preferred stock
Common stock_._
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.._
Total capital accounts
Total liabilities and capital accounts
MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total...
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
_
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
.-__._
Total




76

REPORT OF THE COMPTROLLER OF 'THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940— Continued
DELAWARE
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

15 banks

15 banks

15 banks

ASSETS

Loans and discounts
_
_
-.
Overdrafts
U . S . Government securities, direct obligations
Obligations guaranteed by XJ. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
_
Currency and coin
Balances with other banks, and cash items in process of collection...
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
Total assets.

-

Demand deposits of individuals, partnerships, and corporations—
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
.Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits..
-._
Demand deposits
Time deposits
_-Interest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities.
Total liabilities.

1
2,201
470
791
5,111
181
2,149
476
3,691
779
287

8,496
1
2,139
420
813
4,943
184
1,793
488
3,965
779
287

1
1,517
344
834
4,421
180
2,284
425
5,193
751
260

12
23
24,568

24,342

25,058

9,355
8,524
140
393
183
387
163
19,145
10, S81
8,764

8,930
8,678
125
287
392
298
219
18,929
10,016
8,913
2
2
17

8,659
135
275
181
709
175
19,703
10,799
8,904
2
5
35

18,950

19,745

171
10
1,690
1,871
2,614
744
150

126
10
1,687
1,823
2,613
791
165

76
10
1,665
1,751
2,628
646
288

5,379

5,392

5,313

24,568

24,342

25,058

554

601

1
42
19,189

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts
Total liabilities and capital accounts.
MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total.
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law
Total.




382

432

5

5
1,025

928

823

736

823

736

REPORT OF THE COMPTROLLER OF THE CTTRRENlCY

77

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940—Continued
DISTRICT OF COLUMBIA
[In thousands of dollars]
Dec. 30,
1939

M a r . 26,
1940

J u n e 29,
1940

9 banks

9 banks

9 banks

ASSETS

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets

52, 767
12
52, 553
16,343
1,310
10, 979
713
52, 747
7,379
38,153
7,204
735
3

56,566
18
51,273
16, 707
1, 553
11, 799
717
49, 777
6,940
45, 437
7, 212
727
15

122
163

143
212

108
194

232,185

241, 253

249,043

129, 363
46, 995
201
1,294
59
29,973
2,774
210,659
168,048
47,611

134,986
48, 348
200
1,294
59
32, 777
1,772
219,486
170, 428
49,018

140, 460
48, 576
201
1,294
215
32,356
1,966
225,068
175, 826
49, 242

6
131
249
205

3
143
386
404

15
147
280
2,235

211, 250

Total assets

51, 582
26
49, 225
19, 338
1,081
10,909
717
44, 494
7,361
39,277
7,141
743

220,372

227, 745

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earnedInterest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
CAPITAL ACCOUNTS

Capital stock:
Preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts

1,150
7,650
8,800
6,716
4,694
725

1,000
7,700
8,700
6,716
4,754
711

1,000
7,700
8,700
6,820
4,815
963

20, 935

20,881

21, 298

232,185

241,253

249,043

12,172

11, 487

10,839

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law
Total




238

177

344

2,124

2,105

2,096

14, 534

13, 769

13, 279

8,916

8,492

8,331

8,916

8,492

8.331

78

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. SI, 1940—Continued
FLORIDA
fin thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

52 banks

52 banks

52 banks

ASSETS

Loans and discounts
Overdrafts
U. 8. Government securities, direct obligations..
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
•_.
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank—
Currency and coin
Balances with other banks, and cash items in process of collection._.
Bank premises owned, furniture and
fixtures
—
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
Total assets

___;

_

74,905
9
62,542
24,775
23,167
10,736
915
34,123
9,792
93,809
7,312
1,174

72,582
15
64,445
33,131
24,034
11,864
933
40,730
10,549
125,015
7,383
1,146

71,296
10
62,785
26,469
25,546
10,721
921
35,760
7,761
129,716
7,434
1,179

1,381
3

1,361

1,268

635
387

833
475

753
401

345,665

394,496

382,020

149,650
52,500

178,722
54,149
79
8,880
42,887
74,204
4,388
863, 309

170,960
54,482
80
8,487
37,418
76,307
2,553
S50,287
290, 292
69,995

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
_
Deposits of u . S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
__
Demand deposits
_
_
Time deposits
Acceptances executed by or for account of reporting banks and outstanding
_
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid—
Other liabilities

96

9,184
39,162
61,285
3,123
315,000
256,910
68, 090

SOS, 599

69, 710

234
260

346
257
374

315,819

Total liabilities

3
341
111
364

364,151

351,264

472
14,806
15,278
9,999
2,817
1,752

349
14,859
15,208
10,433
3,045
1,659

349
14,859
15,208
10,843
2,958
1,747

29,846

30,345

30,756

345,665

394,496

382,020

51,854

54,592

50,683

11,069

12,730

11,881

3,025
66,017

3,603
140
71,065

3,324
190
66,078

51,662
1
51,663

55,267
1
55,268

49,786
1
49,787

CAPITAL ACCOUNTS

Capital stock:
Preferred stock
Common stock
Total capital stock
Surplus
_
Undivided profits
__
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
MEMORANDA

Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed, pledged to
secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities
including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Securities loaned
Total
_
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law._
Other liabilities secured by pledged assets.
Total
_




REPORT OF THE COMPTKOUJE.R OF THE CUREENlCX

79

and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
GEORGIA
[In thousands of dollars]
Dec. 30,
1939

M a r . 26,
1940

J u n e 29,
1940

52 b a n k s

52 b a n k s

52 b a n k s

ASSETS

Loans and discounts
_
Overdrafts
U. S. Government securities, direct obligations
Obigations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process ol collection...
Bank premises owned, furniture and fixtures...
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
but not collected
Other assets
..

132, 602
86
41, 201
18, 751
20,400
12, 665
], 250
47,033
6,241
83,950
8,896
806

137,476
73
33,010
17, 524
20, 217
13, 389
1,217
38, 453
4,768
95, 714
8, 750
757

23
17

23
63

23
51

338
327

451
432

282
632

374,957

374,850

372, 336

148, 295
65, 792
455
13, 405
22, 224
82, 422
5,866
838, 459
271, 285
67,174

151, 967
66, 450
444
13, 674
21,621
82, 741
1,091
387,988
269,6G§
68,383

151,146
67,824
422
13,590
24, 377
76, 583
1,354
335,296
265, 532
69, 764
36
5

17
931
186
1,142

63
1,145
382
397

51
1,195
238

340,740

Total assets..

136, 283
71
40, 697
15,997
18, 919
12, 686
1,243
41, 056
5, 698
91, 898
8,902
802

339,980

337.509

822
25
16, 777
17,624
9,615
4,080
2,898

803
25
16, 544
17,372
9,853
4,697
2,948

801
25
16, 551
17,377

34, 217
374, 957

34, 870
374,850

34, 827
372,2

23, 806

22,999

25, 227

9,734

9,777

9,260

34
33,574

49
32, 825

49
34, 530

33, 390

33, 497

33,157

33, 390

33,497

33,193

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations.Postal savings deposits
Deposits of TJ. S Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money.
Mortgages or other liens on bank premises and other real estate
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities..
CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock....
Common stock
Total capital stock

Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts.._

9,991
4,341
3.118

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities.
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Total




80

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
THE TERRITORY OF HAW AH
[In thousands of dollars]
Dec. 30,

Mar. 26,
1940

June 29,
1940

lbank

lbank

1 bank

1939

ASSETS

Loans and discounts
_
_._
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures.
Corporate stocks
Currency and coin
Balances with other banks, and cash items in process of collection..
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
..
Other a?sets

18,638
22
14,370
525

18,768
29
14,378
524

2,559

2,717

3,198
30
3.460
1,454
16

3,192
30
3,908
6,347

1,459
14

19,446
10
14,955
525
2, 767
2,819
22
5,944
9, 943
1,442

209
1,655

146
294

51, 568

Total assets..

148
1,048

53, 233

58,315

14, 556
20,623
614
3,203
3,614
1,377
823
44.810
23,426
21, 384

14, 200
21,285
627
3,494
4,960
1,290
389
6,246
46
4,205
24
22,040
22

14, 787
23,694
643
4,239
5,647
1,361
1,003
51,374
26,900
H474

2
15
79
1
44,907

3
13
62
136

2
14
65
1

46,459

51,456

3,350
1,920
121
1,270

3,350
1,935
219
1,270

3,350
1,935
165
1,409

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits

...

-

Time deposits
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
_
Total liabilities.
CAPITAL ACCOUNTS

Capital stock: Common stock.
Surplus
Undivided profits
Reserves
Total capital accounts
Total liabilities and capital accounts.

6,661

6,774

6,859

51, 568

53,233

58,315

11,836

12,100

12,100

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities. _
'
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Total
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law
.__
Total..




379

385

385

12, 215

12,485

12,485

7,420

9,082

10,528

7,420

9,082

10, 528

REPORT OF THE COMPTROULER OF THE CURKENlCY

81

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. SI, 1940—Continued
IDAHO
[In thousands of dollars]
Dec. 30,

Mar. 26,

June 29,

1939

1940

1940

18 banks

18 banks

18 banks

ASSETS

Loans and discounts
Overdrafts
_.
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection,_.
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
Total assets

16,340
13,566
702
3,728
790
112
5,201
1,427
12,804
1,014
7

15,827
12
14,433
707
3,315
736
118
6,737
1,405
12,305
1,043

17,115
14
14,540
1,629
3,496
691
118
5,286
1,375
12,492
1,044

2
31
55,743

56,689

57,839

25,349
14,860
224
90
8,456
1,471
362
50,812
85,686
15,126
17
49
25

25,897
15,543
221
84
7,903
1,759
304

25,822
15,838
224
69
9,009
1,480
287
62,729
36,632
16,097
19
59
19

LIABILITIES

Demand deposits of individuals, partnerships, and corporations-—-.
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of.banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Interest, discount, rent, and other income collected but not earned.Interest, taxes, and other expenses accrued and unpaid
Other liabilites
Total liabilities

51,711
85,860
15,851
17
74

50,903

51,802

52,826

833
1,869
2,702
1,444
730
264

768
1,927
2,695
1,145
781
266

764
1,931
2,695
1,170
877
271
5,013

CAPITAL ACCOUNTS

Capital stock:
Preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts

4,840

4,887

55, 743

56,689

9,951

8,903

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Total
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law
Total




9,107

1,661

1,251

1,447

11, 612

10,154

10, 554

8,133

7,729

8,934

8,133

7,729

8,934

82

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. SI, 1940—Continued
ILLINOIS
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

327 banks

329 banks

329 banks

679,442
181
1,061,364
185,019
131,168
129,335
29,490
921,685
56, 920
554, 778
32,664
6,030

694,657
368
1,188,059
158,697
147,607
122,400
28,343
860,146
42,426
450,066
32,522
5,616

745,057
163
1,128,558
151,653
146, 763
117,872
28,381
1,103,953
52, 784
513,037
32,428
5,438

1,547
3,109

1,512
3,412

1,562
2,697

6,977
7,249

8,659
7,262

6,884
6,949

3,806,958

3,751,752

4,044,179

1,698, 442
647, 741
768
81, 686
234, 767
818, 540
26,968
3, 508,912
2,827, 094
681,818
1
3

1, 562, 554
657,604
714
82,929
197,113
923, 379
21, 754
3, 448,047
2, 752,223

1,800,571
673,776
706
81, 766
285,032
870,416
22, 525
3,784,792
S, 022,786
712,006

ASSETS

Loans and discounts.-.
Overdrafts
U . S . Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve b a n k . . .
Reserve with Federal Reserve bank
_
_.
Currency and coin
Balances with other banks, and cash item in process of collection...
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate-.Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
.
Other assets
Total assets..
LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
i
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
_
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money.
Mortgages or other liens on bank premises and other real estate
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities-

3,405
1,930
8,056
1,132
3, 523,439

3,504
2,291
10,175
2,235

2,936
2,152
7,806
1,847

3, 464, 253

3,749, 534

5,784
146
123,803
129, 738
96,811
33,957

5,808
139
124,304
ISO, 251
97, 356
38,493
28,545

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock..
Total capital stock
Surplus..
Undivided profits
Reserves and retirement account for preferred stockTotal capital accounts
Total liabilities and capital accounts..

6,266
146
123,142
129,554.
96,166
31,321
26,478
283,519

287,499

294,645

3,806,958

3,751,752

4,044,179

315,193

276,338

286,345

5,208

8,732

10,153

11,058
6,034

10,985
551

11,314
1,557

MEMORANDA

Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to (Jualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities.
Securities loaned
_..
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements
of law
Other liabilities secured by pledged assets
Total.




337,493

309,369

299,293

270,375

285, 866
420

299,293

270,375

286,286

REPORT OF THE COMPTROLLER- OF THE 'CURRENCY

83

and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940—Continued
INDIANA
[In thousands of dollars]
Dec. 30,
1939

M a r . 26,
1940

J u n e 29,
1940

125 banks

125 b a n k s

125 banks

128,709
19
141,366
23,645
30,371
34,441
1,409
65,676
14,430
118, 870
10,933
683

131,685
31
139,480
24,420
31, 369
33, 567
1,379
68,060
16,001
117, 068
10, 779
647

138,795
29
132,577
24,153
32,600
32,416
1,379
70, 678
12, 741
135,042
10,715
580

27
23

21
17

18
14

547
610

623
516

563
575

571, 759

575,663

592,875

230, 268
147, 396
1,436
15, 231
47, 340
68,688
6,913
517, 272
359,696
157,576

232, 748
149, 399
1, 345
14,827
50,147
67, 385
5,116
520.967
360,96 k
160,003

237, 373
151,161
820
14, 611
57, 375
70, 708
5,426
537,474
376,004
161,470

23
438
606
411

17
480
510
267

14
502
674
459

518, 750

522,241

539,123

ASSETS

Loans and discounts
Overdrafts
TJ. S. Government securities, direct obligations_.
Obligations guaranteed by U. S. Government--.
Obligations of States and political subdivisions
Other bonds, notes, and debentures--.
Corporate stocks, including stock of Federal Reserve bank..
Reserve with Federal Reserve bank
Currency and coin..
Balances with other banks, and cash items in process of collection.
Bank premises owned, furniture and fixtures-..
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
-Other assets.Total assets...
LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations _
Postal savings deposits
Deposits of U. S. Government-.
Deposits of States and political subdivisions
Deposits of banks...
Other deposits (certified and cashiers' checks, etc.)Total deposits
Demand deposits
Time deposits

Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned..Interest, taxes, and other expenses accrued and unpaid
Other liabilities.
1
Total liabilities.._
CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock...
Class B preferred stock. _.
Common stock
Total capital stock.
Surplus.
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts
Total liabilities and capital accounts

3,747
843
19,966
24,656
15, 630
8,099
4, 724

3,614
830
20,065
24, 509

15, 737
8,718
4,458

3,597
830
20,169
24,596
15, 974
8,530
4,652

53,009

53,422

53, 752

571, 759

575,663

592,875

24, 720

30, 338

30,261

1,214

1,175

1,079

136

153

136

26,070

31,666

31,476

21, 573

26, 251

24,873

21,573

26,251

24,873

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities.
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities.
Total.
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law...Total.



84

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940— Continued
IOWA
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

108 banks

107 banks

106 banks

85,252
35
30,781
12,738
29,179
7,962
628
29,643
5,412
69,641
5,807
299

101,964
66
29,815
13,356
30,584
7,521
627
29,550
6,033
62,258
5,811
237

108,270
47
27,495
13,904
30,089
6,856
627
30, 565
5,016
47,028
5,723
228

25
16

25
3

24

370
195

409
139

442
142

277,983

288,398

276,456

109,813
63,099
140
2,350
22, 525
52,180
2,113
252,220

114,148
64, 343
138
2,603
31, 612
47, 760
1,808

262, m

63,260

64,493

ASSETS

Loans and discounts
Overdrafts
U . S . Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection- __
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
Total assets..
LIABILITIES
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money-.
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities

16
307
155
53

3
313
225
10

358
183
35

252, 751

Total liabilities.
Capital stock:

35

111, 529
65,202
131
2,225
27,287
42,192
1,687
250, 253
184,896
65,357
35

262,998

250,864

2,586
77
10,380
18,04$
7,308
3,126
1,755

2,531
77
10,360
12,968
7,368
3,265
1,799

10,343
12,849
7,472

25,232

25,400

197,919

CAPITAL ACCOUNTS

Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts
Total liabilities and capital accounts
Pledged assets:
MEMORANDA
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities

277,983

Total.




3,490

1,781
25,592
276,456

8,777

8,901

8,178

788

747

1,168

115

66

73

9,714

9,419

6,672

5,927

Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements

2,429
77

5,826

35
5,826

35

6,707

5,962

REPORT OF THE COMPTROLLER OF THE CURRENCY

85

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940— Continued
KANSAS
[In thousands of dollars]
Dec. 30,
1939

ASSETS

June 29,
1940

182 banks

Loans and discounts
___
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank._
Currency and coin
Balances with other banks, and cash items in process of collectionBank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Interest, commissions, rent, and other income earned or accrued but
not collected..
Other assets
Total assets

Mar. 26,
1940
182 banks

182 banks

76,155
52
34,869
18,665
19,621

75,351
72
33,829
19, 773
19,772
5,675
707
29,408
4,319
71,671
5,896
541

700
30,467
4,130
76,201
5,962
581

77,643
60
31,395
19,140
20,342
5,502
706
32,200
3,900
72,028
5,798
476

156

157

157

147
153

148
147

165
130

273, 957

267,466

269,642

119,115
36,358
231
5,865
46,032
35,211
2,579
245, 891
207,780
37,611
15
12
176
176
191

116,243
211
5,575
41,373
36,828
2,168
238,607
201,016
87,591
22
7
188
191
137

120,056
36,687
208
5,613
41, 770

245,961

239,152

241,193

1,334
137
13,604
15,075
7,643
4,545
733

1,189
137
13,750
15,076
7,854
4,679
705

1,163
137
13, 750
15,050
8,025
4,611
763

LIABILITIES

Demand deposits of individuals, partnerships, and corporationsTime deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of u. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits.
Time deposits

Bills payable, rediscounts, and other liabilities for borrowed money.
Mortgages or other liens on bank premises and other real estate
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities

34,124
2,042

£49,500
202,664
87,986
66
216
229
182

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock

Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts

„

27, 996

28,314

28,449

273, 957

267,466

269,642

29, 866

28,603

28, 521

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements




9,029

-

498

477

494

40,066

Total

Total

9,702

38,061

38,044

48,088

42, 565

44,032

15
48,103

37

42, 565

86

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940—Continued
KENTUCKY
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

95 banks

95 banks

95 banks

ASSETS

Loans and discounts
Overdrafts
XJ. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection...
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
_
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets-

104,854
32
40,064
11,899
13,216
14,672
1,101
31,310
5,579
69,557
4,409
1,009

100,763
62
47,731
12,057
13,407
15,751
1,094
34,423
6,044
63,987
4,411

100,875
83
47,316
11,657
12,480
15,283
1,072
31,268
5,054
59,213
4,409
904

56

57

413
203

354
193

298,313

Total assets

57
327
227

301,365

290,218

127,435
69,011
377
3,136
10, 670
53,466
2,113

121,854
69,331
330
3,117
10,837
61,873
1,841
269,183
198, 438
70,745
40
378
326
61

113,652
68,890
356
2,834
9,913
55,313
6,934
257,892
187, 576
70,316
135
405
422
241

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits.
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed moneyInterest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities .

195,748
70,460
210
338
398
248

259,095

267,402
CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts

1,777
535
11,190
IS, 502
12, 313
3,756
1,340

1,726
535
11, 293
IS, 554
12,367
4,216
1,240

1,712
535
11,273
13,520
12,528
3,902
1,173

30,911

Total liabilities and capital accounts

31,377

31,123

298,313

301,365

290,218

8,595

9,425

9,892

4,663

3,573

3,581

206

261

258

13,464

13, 259

13,731

11,236

12,089

11,437

210

40

135

11,446

12,129

11,572

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers and for purposes other than to secure liabilities
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
TotaL




REPORT OF THE COMPTROLLER OF THE 'CURRENCY

87

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
LOUISIANA
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

29 banks

29 banks

29 banks

ASSETS

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collectionBank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets

104,590
89
61,975
36,589
30,269
6,106
1,363
46,043
5,707
114,022
6,803
1,223

73
631

248
'552

921

1,143
944

900
945

1,053
1,021

415,739

Total assets

113,359
104
58,489
32,748
30,461
5,808
1,532
46,766
5,398
110,279
6,791
1,213

417,424

417,112

158, 595
65,831
533
15,263
28,667
111,114
2,188
382,191
313,069

155,250
67,621
171
15, 224
31,097
111, 446
2,755
383,564
312,798
70,766
16

163, 772
69,237
170
15,189
30,348
102,420
1,580
382,716
310,214
72,602
20

73
59,047
34,347
29,395
7,936

1,328
55,627
5,165
114,024
6,689
1,265

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money.
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities

711
533
665
753

1,209
515
377
759

385,218

Total liabilities

521
596
925

386,242

385,596

3,273
10,789
14,062
9,164
4,956
2,339

3,216
10,823
14,039
9,220
5,814
2,109

3,216
10,822
14,038
9,264
5,654
2,560

CAPITAL ACCOUNTS

Capital stock:
Preferred stock
Common stock
Total capital stock
Surplus
Undivided profits..
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts

30, 521

31,182

31,516

415, 739

417,424

417,112

34, 395

34,866

34,168

14,464

14,930

13,907

491

595

562

49, 350

50,391

48,637

45,202

45,896

45,956

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities.-Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Total-




16
45,202

20

45,912

45, 976

88

REPORT OF THE COMPTROLLER OF T H E CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940—Continued
MAINE
[In thousands of dollars]
Dec. 30,
1939

June 29,
1940

38 banks
ASSETS

Mar. 26,
1940
37 banks

37 banks

40,831

478

420

413

87
94

54
184

70
174

139,401

144,462

39,878

59
128
151

39,183
66, 625
606
246
4,876
8,783
557
120,876
52,191
68,685
25
68
180
15

43, 224
67,589
606
301
4,090
9,095
840
125, 745
57, US
68,697
87
62
132
138

120,228

Total assets-

39,984
1
25,658
8,178
2,214
18,629
561
13,942
2,861
23,801
1,624
260

138, 372

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection..
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets

121,164

126,164

1,056
325
7,149
8,580
5,858
2,936
820

1,032
325
7,079
8,436
5,848
3,130
823

1,029
325
7,080
8,434
5,887
3,152
825

22,174
10,673
3,172
17,846
545
12, 454
2,961
26,202
1,618
264

41,185
2
24,398
10,163
3,749
16,956
548

15,672
2,961
26,317
1, 605
249

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.).-Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money.
Interest, discount, rent, and other income collected but not earned_
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.
Capital stock:

664
429
3,249
7,811
860
119, 890
51, 725
68,165

CAPITAL ACCOUNTS

Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts
Total liabilities and capital accounts..Pledged assets:
MEMORANDA
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total .
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law...
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Total-




18,144

18, 237

138, 372

139,401

144,462

3,680

3,634

3,583

742

498

575

337

338

146

4,759

4,470

4,304

2,742

2, 539

2,947

25
2,742

87

2,564

3,034

REPORT OF THE CO'MPTRO:mE« OF THE CURRENCY

89

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940—Continued
MARYLAND
[In thousands of dollars]
Dec. 30,
1939

June 29,
1940

63 banks
ASSETS
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
___
Corporate stocks, including stock of Federal Eeserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection...
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected.
Other assets

Mar. 26,
1940
63 banks

63 banks

65,902
15
157, 514
6,957
4,866
19,490
822
53,933
8,164
100,315
4,992
1,009

68,984
10
150,298
8,131
5,190
17, 269
829
69,481
6,473
110,200
4,967
883

23
400

14
164

13
159

235
346

664
340

704
311

420,180

425,161

443,902

150,947
95, 233
255
23,954
23,102
91,638
2,156
887,285
287,167
100,118

153,224
95,985
250
24,625
25, 616
91,227
1,430
392,357
290,557
101,800

159,066
96,624
176
24,497
30. 290
99,253
1,149
ill, 055
309,058
101,997

400
100
196
720

164
119
196
172

159
123
305
328

388,701

Total assets...

66,633
5
177,058
6,360
5,053
18,279
815
59,643
7,360
71,982
4,980
1,008

393,008

411,970

2, 505
50
11,147
13,762
10,989
5,212
1,516

2,490
50
11,172
18,712
11,008
5,929
1,504

2,450
50
11,181
IS, 687
11,055
5,310
1,880

LIABILITIES
Demand deposits of individuals, partnerships, and corporations
T i m e deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
__
_.
Demand deposits
Time deposits
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not e a r n e d - _
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
Capital stock:

CAPITAL ACCOUNTS

Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
Pledged assets:
MEMORANDA
U. S. Government obligations, direct and guaranteed, pledged to
secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
_.
Secured liabilities- Deposits secured b y pledged assets pursuant to
requirements of law
Total

281684—41


31,479

32,153

31,932

420,180

425,161

443,902

57,716

62,215

64, 321

1,887

1,784

1,662

39

36

39

59,642

64,035

66,022

47,902

51,046

54,040

51,046

54,040

47,902

90

iREPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
MASSACHUSETTS
[In thousands of dollars]
Dec. 30,
1939

June 29,
1940

125 banks
Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions..
Other bonds, notes, and debentures.
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks and cash items in process of collection...
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate.
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
_
Other assets
--.

Mar. 26,
1940
125 banks

125 banks

527,187
62
270,102
37,245
43, 411
61,997
11, 510
437, 925
139, 676
164, 602
33, 485
5,943

524, 306
82
267,649
35,606
44, 582
61,220
12,059
516,010
135, 636
178, 054
32,985
5,724

3,826
8,719

3,721
9,566

2,579
8,364

2,908
7,941

3,178
3,803

2,916
783

1, 710,135

Total assets..

519,751
47
297,667
38,616
32,087
65,352
12,096
361,825
139, 528
179, 655
33, 841
6,276

1, 753,413

1,828,555

849,861
225,188
232
12, 583
71,014
311, 546
17, 755
1,488,179
1,262,127
226,052
552

871,093
226, 580
211
11, 741
92,090
313,915
15, 485
1,531,115
1,303,385
227, 730
614

928,061
224, 433
146
11,604
75,114
351,887
13, 754
1,6O4,999
1,379,716
225,288
567

9,821
2,374
1,361
4,008

10, 298
2,893
2,108
1,801

8,882
2,556
2,191
7,222

1, 548,829

1,626,417

4,208
775
69,166

4,205
575
69, 111
73,891
86,330
28, 793
13,124

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
-.
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits

_

Bills payable, rediscounts, and other liabilities for borrowed money.
Acceptances executed by or for account of reporting banks and outstanding
_
Interest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
_

1, 506, 295

Total liabilities .
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock

CAPITAL ACCOUNTS

.._

Total capital stock

Surplus.._
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts

4,889
575
69,009
74,478
86,440
28,499
14,428

74W

28, 521
15,645

203,840

204,584

202,138

1,710,135

1,753,413

1,828,555

44,464

45,135

42,616

3,512

3,657

3,595

477

497

511

48,453

49, 289

46, 722

35,599

34, 525

35,048

550
95

537
93

572

36,244

30,155

35,620

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged to
secure deposits and other liabilities. _
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
_.
Total .
Secured liabilities:
Deposits secured by Pledged assets pursuant to requirements of
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Other liabilities secured by pledged assets
Total.



REPORT OF THE COMPTROLLER OK THE CURRENCY

91

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
MICHIGAN
{In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

82 banks

81 banks

82 banks

ASSETS

Loans and discounts
Overdrafts
-..
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government—.
Obligations of States and political subdivisions
Other bonds, notes, and debentures—
Corporate stocks, including stock of Federal Reserve bank_
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection..
Bank premises owned, furniture and fixtures..
Real estate owned other than bank premises.
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected...,
Other assets

172,037
30
228,362
34,819
45, 744
2,123
117,140
16, 580
221,958
9,196
728

183,064
224,689
90,235
37,912
44,338
2,091
141,632
18,787
234,110
9,324
736

186,043
50
214,372
108,664
48, 332
47, 223
2,087
152,444
15, 506
231,472
9,372
190
14

1,799

2,265
1,719

2,115
1,488

950,596

Total assets

111

991,041

1,019,968

423, 657
251,854
406
22,053
60, 247
111, 378
7,486
877,081
620,297
256,784

440, 055
259, 528
360
21,739
69,407
118, 505
6,767
916,861
651,824
264, 537

473,880
266,592
201
21,728
59,014
116,344
6,067
948,826
671,962
271,864

70
27

V

LIABILITIES

Demand deposits of individuals, partnerships, and corporations...
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
._
Demand deposits
Time deposits
__
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid.
Other liabilities

571
1,228
46

619
1,030
655

879,084

Total liabilities.

27
513
810
653

918, 206

946,144

13,650
470
22,157
36,277

13,515
480
22,030
86,025
18,445
12,638
5,727

13,575
480
22,296
86,851
18, 726
12, 681
6,066

14

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock..
Class B preferred stock
Common stock.
Total capital stock
Surplus
.
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts

18,329

11, 675
5,231

72,835

73,824

991,041

71,512

Total liabilities and capital accounts_.

1,019,968

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged to
secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities. _
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
_
Other liabilities secured by pledged assets
_
TotaL




73, 547
1,773

1,793

1,907

3,135

3,303

3,434

73,836

85,937

60,400
2

80,059

60,402

70,348

92

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
MINNESOTA
[In thousands of dollars]
Dec. 30,
1939

ASSETS

Total assets—--

June 29,
1940

191 banks
Loans and discounts
Overdrafts.
-U. S. Government securities, direct obligations
_
Obligations guaranteed by U. S. Government——
Obligations of States and political subdivisions
—
Other bonds, notes, and debentures----.
Corporate stocks, including stock of Federal Reserve bank.
.-Reserve with Federal Reserve bank
_
Currency and coin—
_
Balances with other banks, and cash items in process of collection--.
Bank premises owned, furniture and
fixtures—
.
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
—
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
----

Mar. 26,
1940
191 banks

188 banks

234,822
73
176,155
30,319
45,532
27,035

241,805
130
169,356
28,635
46,024
25,490
2,105
106, 017
9,051
186,372

4,764
255

4,910
76

4,909
153

1,759
2,029

2,327
956

1,870
1,857

828,005

817,758

833,476

308,292

289,015
205, 950
870
2,192
65, 711
164, 549
7,568
785,865
528,417
212, 488

295, 750
202, 988
813
1,828
81,062
158, 545
9,194
750,180
540,958
209,227

259
3,200
2,074
2,871

78
3,228
1,752
2,311

153
3,522
1,614
2,778

753,362

--.

107,427
9,428
176,424
9,185
669

240,221
264
177,097
29,683
49,754
23, 782
2,105
105,581
10,066
161,101
9,181
654

743,224

758,247

3,703
821
33,031
87,555
25,136
8,959
2,993

3, 594
783
32, 981
87,858
25, 388
8,426
3,362

3,507
782
32,949
87,288
25,450
8,933
3,608

2,129

9,117
585

LIABILITIES

Demand deposits of individuals, partnerships, and corporations.—
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government.
Deposits of States and political subdivisions.._
_
Deposits of banks—
Other deposits (certified and cashiers' checks, etc.)Total deposits...
Demand deposits
-Time deposits...
Bills payable, rediscounts, and other liabilities for borrowed money..
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earnedInterest, taxes, and other expenses accrued and unpaid.
--...
Other liabilitiesTotal liabilities..

.

205, 739
1,050
2,316
63, 892
155,359
8,285
7U, 988
532,821
212,112
25

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock...
Common stock
Total capital stock.
Surplus.
Undivided profits—
Reserves and retirement account for preferred stock-

—

Total capital accounts...

74, 643

74,534

75, 229

828,005

817,758

833,476

103, 820

101,531

102,831

12, 711

13,215

14,075

2,544

2,540

2,534

119, 075

Total liabilities and capital accounts

117, 286

119,440

75, 634

71,851

89,069

71,851

89,069

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities.
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities-.
.
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Total,—




-.

25
75,659

REPORT OF THE COMPTROLLER OF THE CURRENCY

93

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
MISSISSIPPI
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

24 banks

24 banks

24 banks

ASSETS

Loans and discounts
Overdrafts
U . S . Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
_._
_
Currency and coin
Balances with other banks, and cash items in process of collection—.
Bank premises owned, furniture and fixtures
_
Real estate owned other than bank premises
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
___
Other assets

20,235
89
4,841
629
16,238
1,498
403
7,094

20,260
45
4,652
573
16,587
1,321
409
6,668

20,874
16
4,517
552
16,713
1,160
399
7,569
2,053
21,048
1,715
915

2,316
22,983
1,718

21
154

17
191

17
155

79,817

Total assets.-

2,329
23, 614
1,706

78,681

77,703

29,872
24,014
562
1,612
8,778
6,271
432
71,541

27, 653
23, 896
422
1,573
10, 455

29,112

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Acceptances executed by or for account of reporting banks and
outstanding
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities._

279

24,494
430

1,574
8,263
5,047

290

CAPITAL

69,210
43,994
n, 216

3
27
97
12

21
135
23

71,658

Total liabilities .

70,216
45, 591
21625

70,355

69, 389

1,548
125

1,502
125
2,960
4,587
2,755
662
322

1,486
125
2,960
4,571
2,782
613
348

46,660

24,881

ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts

2,960
4,633
2,745
444
337

8,159

8,326

8,314

79,817

78,681

77, 703

2,470

2,555

2,607

11,358

11,464

10, 578

19

18

19

13,847

14,037

13,204

10,678

12,064

10,355

10,678

12,064

10, 355

MEMORANDA

U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
„
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total.
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law
Total .




94

REPORT OF THE 'COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940—Continued
MISSOURI
[In thousands of dollars]
Dec. 30,
1939

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by X S. Government
L
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
_
Currency and coin
Balances with other banks, and cash itoms in process of collection.. .
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
. - -.
Investments and other assets indirectly representing bank premises or
other real estate
_
_
__.
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
_ . . . _
Other assets _
Total assets

June 29,
1940

86 banks
ASSETS

Mar. 26,
1940

85 banks

85 banks

193,946
50
129,702
52,780
31,334
26,007
5, 567
136,055
10, 219
202.230
5,086
2,362

198.762
42
144,341
52, 715
30,132
25,906
6,978
103,351
11,806
200,188
5,071
2,378

198,675
50
127,762
51,585
31,382
24,912
7,604
138,960
10, 689
178,143
4,957
2,299

574
468

565
265

556
221

1,155
251

1,136
290

1,151

797 786

783,926

779,217

309,844
109,366
809
9,070
36,908
263,411
7,211
736,619
619,127
117,492
51

324,043
110,292
753
8,973
34, 771
239, 286
3,826
721,944
608,522
113,422
36

329,000
110,359
769
8,966
26,797
238,071
4,282
718,244
€04,667
113,577
56

476
523
527
652

281
516
742
179

232
515
760
866

738,848

723,698

720,673

2,440
25,606
28,046
16,332
11.922
2,638

2,391
25,596
27,987
16,358
12,893
2,990

2,302
25,646
27,948
16, 574
12,434
1,588

271

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U S. Government . _ .
.
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits. _
Time deposits. _

Bills payable, rediscounts, and other liabilities for borrowed money.
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned...
Interest, taxes, and other expenses accrued and unpaid.
Other liabilities
Total liabilities
CAPITAL ACCOUNTS

Capital stock:
Preferred stock _ _ _
Common stock .
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts

58,938

60,228

58,544

797,786

783,926

779,217

60,063

60,516

55, 801

3,809

3,770

3,616

2,224

2,210

2,199

66,098

66,496

61,616

50,997

53,409

44,597

51
51,048

25
53,434

48
44,645

MEMORANDA.

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
.. .
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities. _ _
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law._
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Total



REPORT OF THE COMPTROLLER OF THE CURRENCY

95

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940—Continued
MONTANA
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

43 banks

43 banks

43 banks

ASSET3

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Interest, commissions, rent, and other income earned or accrued but
not collected-.
Other assets

17,587
20
19, 509
3,440
4,944
3,638
207
15,436
2,326
21,827
2,105
29

193
145

230
17

220
113

94,257

Total assets..

18,336
12
19,873
3,211
4,992
3,736
206
14,639
2,303
24,474
2,104
33

91,315

91,143

44,714
23,172
41
227
9,758
6,403
1,077
' 85,392
61,627
23, 765

44,198
23,197
41
180
7,774
6,300
1,076
82,766
68,930
23, 836

43,635
23,198
40
171
8,572
5,805
886
82,307
58,529
23,778
7
82
123
1

16,883
16
19,283
3,572
4,668
3,503
207
13, 363
2, 205
24, 979

2,099
28

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money.
Interest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.

73
106
85, 558

82,945

82, 520

291
25
4,245
4,661
2,270
1,556
312

275
25
4,261
4,661
2,291
1,294
224

258
25
4,278
4,661
2,294
1,534
234

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts

8,699

8,370

8,623

94, 257

91,315

91,143

11,475

10,887

10, 660

2,611

2,193

2,265

53

79

46

14,139

13,159

12,971

10,465

8,376

9,200

10,465

8,376

9,207

MEMORANDA

Pledged assets:
TJ. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities

Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements._.

Total .



7

96

REPORT OF THE COMPTROLLER OF THE: CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. SI, 1940—Continued
NEBRASKA
[In thousands of dollars]
Dec. 30,
1939

135 banks

90,571
43
50,820
11,372
18,600
10,991
731
37, 579
3,588
63, 617
5,609
402
5

86,662
58
47,857
11,858
18,263
11,032
724
38,190
4,007
73,834
5,589
414
5

87,798
58
50, 111
11,406
17,986
10,590
729
38,725
3,148
57,014
5,503
369
5

514
274

598
134

543
182

299,225

284,167

130,927
43,340
164
3,009
21,346
64,234
2,981
266,001
222,229
43,772
354

131,577
43,768
99
3,026
23,275
65,779
2,796
270,820
226,177

126,002
44,033
106
2,972
22,061
56,957
2,475
254,606
210,178

43

'161

5
201
205
150

5
209
251
140

5
222
250
148

266,916

Total assets

135 banks

294,716

ASSETS

June 29,
1940

135 banks

Loans and discounts
Overdrafts
_
-._---_
U . S . Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions _
Other bonds, notes, and debentures _ _ _ _
.
_Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
_
_
Currency and coin—_
_ __ _. _
._- __.
Balances with other banks, and cash items in process of collection.__
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Customers' liability on acceptances outstanding Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets _- _

Mar. 26,
1940

270,968

255,392

1,745
12,762
14,607
8,230
2,810
2,253

1,546
13,027
14,573
8,420
2,826
2,438

1,042
13, 531
14,578
8,734
2,792
2,676

27,800
294, 716

28,257
299, 225

28,775
284,167

30,355

29,068

29,280

5,410

5,922

5,798

308
36,073

310
35, 300

285
35, 363

27,489

29,049

26,915

164
27,653

43
29,092

155
27,070

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and pol itical subdivisions _ _.
Deposits of banks.-- . .
Other deposits (certified and cashiers' checks, etc.)
Total deposits
__ _
.
___
Demand deposits
'
___
__
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money-_
Acceptances executed by or for account of reporting banks and outstanding-__
_ __
._
Interest, discount, rent, and other income collected but not earned-_
Interest, taxes, and other expenses accrued and unpaid
__
Other liabilities
„
Total liabilities
CAPITAL ACCOUNTS

Capital stock:
Preferred stock
Common stock
Total capital stock
Surplus
__
.
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
MEMOBANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
._.
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
_
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Total..




REPORT OF THE COMPTROLLER OF THE CTJRRENlCY

97

and liabilities of national banks, by States, at date of each call during year
ended Oct. 31 > 1940—Continued
NEVADA
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

6 banks

6 banks

6 banks

ASSETS

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection.-.
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
Total assets

11,760
22
7,257
3,051
2,479
1,213
52
3,622
975
9,655
749
13

12,194
24
7,292
2,983
2, 463
1,215
51
3,763
951
10, 375
772
15

13,113
19
7,106
2,908
2,454
887
52
4,014
1,091
10, 646
780
13

6
114
52
41,020

42,235

43, 253

16, 722
14,453
19
191
4,614
1,009
768
87,776
28, US
11633
103
20
334

17, 729
14,868
20
242
4,716
808
459
88,842
23, 768
15,074.
Ill
69
363

18,248
15, 358
21
237
4,598
883
500
39,845
24,280
15,565
113
25
308

38, 233

39,385

40, 291

70
890
960
734
999
94

12
948
960
740
1,098
52

740
1,210
52

150
14

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits

Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
Capital stock:
Preferred stock
Common stock

CAPITAL ACCOUNTS

Total capital stock

Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts

2,787

2,850

2,962

41,020

42, 235

43,253

3,759

4,295

4,325

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged to
secure deposits and other liabilitiesOther assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Total
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law
Total




.._.

1,048

1,000

1,054

4,807

5,295

5,379

4,049

4,736

4,613

4,049

4,736

4,613

98

(REPORT OF THE COMPTROLLER OF 'THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940—Continued
NEW HAMPSHIRE;
[In thousands of dollars]
Dec. 30,1939 Mar. 26,1940 June 29,1940
52 banks

52 banks

52 banks

ASSETS

Loans and discounts.__
—OverdraftsU. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
.
Currency and coin
Balances with other banks, and cash items in process of collection..
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets.

13,894
2,325
2,876
11,607
488
7,839
2,845
10,238
2,175
123

32,854
5
12,024
1,724
3,023
10,640
483
8,036
2,656
15,235
2,104
101

77

77

75

4
26

3
43

4
42

88,853

87,231

89,006

36, 812
255
998
6,188
5,974
1,719
74,032
50,805
23,227
80
28
91
108

36,327
22, 570
219
219
824
6,042
4,834
1,283
72,099
48,261
23,838
320
25
117
19

37, 250
22,812
172
882
5,679
5,641
1,682
74,118
50x224
23,894
75
28
107
101

74,339

Total assets..

32,054
2
12,071
2,558
2,677
12,240
500
8,754
2,488
13,069
2,203
130

72, 580

74,429

568
300
5,293
6,161
4,914
2,804
635

566
300
5,293
6,159
4,904
2,962
626

566
300
5,293
6,159
4,884
2.833
701

32, 691

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashier's checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money.
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities..
CAPITAL ACCOUNTS

Capital stock:
Class A preferred s t o c k —
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts

14, 514

14, 651

14,577

Total liabilities and capital accounts.,

88,853

87,231

89,006

1,840

1,872

1,678

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement._.
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Total..




381

224

226

316

275

237

2,537

2,371

2,141

1,794

1,369

1,385

265
1,874

75
1,460

KEFOBT, OF T H E CO'MPTOOLIiFJB OF T H E CTTREENlCY

99

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940—Continued
NEW JERSEY
[In thousands of dollars]
Dec. 30,

June 29,
1940

226 banks
ASSETS

Mar. 26,
1940
225 banks

225 banks

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Deposits of XJ. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits.
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earnedInterest, taxes, and other expenses accrued and upaid
Other liabilities
Total liabilities.

250,334
23
192, 480
56,081
51, 911
78, 568
3,992
104,069
20, 709
149, 514
25, 914
13,027

2,015
168

2,040
110

2,047
52

1,811
777

1,924
1,053

1,953
907

951, 749

974,151

318,023
413, 797
14, 855
97, 768
19, 257
8,943
872,648
447,518
425,125
70

296, 225
419,027
13, 926
90,064
15, 768
7,398
842,408
409,332
433,076
25

422,451
13, 795
92,946
17,863
8,426
864,319
427,156
437,163

168
1,305
589
564

110
1,400
964
396

52
1,518
718
396

875, 339

Total assets

244,788
23
204,619
61,477
51, 318
84,151
4,065
104,995
18, 447
162, 503
25,959
13, 938

981,054

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
0bligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets

845, 303

867,003

20,128
2,845
36, 258
69,231
27, 606
11, 673
7,205

19, 616
2,870
36,354
58,840
28,029
12,431
7,146

19,478
2,985
36, 374
58,837
28,193
12, 611
7,507

259,914
46
197,229
45,885
56,222
76, 531
3,974
113, 377
15, 879
162, 579
25, 625
11, 931

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts

105,715

106,446

107,148

Total liabilities and capital accounts-.

981,054

951, 749

974,151

34, 558

39,846

40, 584

4,491

4,692

4,596

5,641

5,489

5,287

44,690

50,027

50,467

32,018

35,825

36,108

35

25

32,053

35,850

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Total .




36,108

100

BEFOKT OF THE COMPTROLLER OF THE OUKKENOY
and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
NEW MEXICO
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

22 banks

22 banks

22 banks

ASSETS

Loans and discounts
Overdrafts
U.S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collectionBank premises owned, furniture and fixtures.Real estate owned other than bank premises
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
Total assets..

16,335
15
9,137
2,376
3,740
898
102
6,013
1,515
15, 313
880
30

17,514
23
9,929
2,373
3,021
848
112
6,144
1,404
13, 669
872
30

18,668
19
9,529
2,465
3,028
1,093
106
5,683
1,342
11,105
839
31
4
4
5

56,364

55,958

53,921

25,097
10,005
53
516
13,125
2,930
594

24,315
10, 294
54

22,984
10, 535
79
484
12,566
2,366
687
49,701
88,961
10, 740

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions.
_
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits

Acceptances executed by or for account of reporting banks and outstanding
^
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid.
Other liabilities
Total liabilities .
Capital stock:
Preferred stock
Common stock

52,820
42,094
10,226

484
13,541
2,394
581
51, 668
41,147
10,616

4
13
2
4
52,355

51,693

49, 724

1,777

1,787
2,080
1,391
245
481

CAPITAL ACCOUNTS
304
1,776

Total capital stock.

Surplus..
Undivided profits
.,
Reserves and retirement account for preferred st ock
Total capital accounts
Total liabilities and capital accounts

2,080
1,337
195
397

2,080
1,355
436
394

4,009

4,265

4,197

56,364

55,958

53,921

9,181

9,574

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged to
secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
_
...

3,421

Total-




12,532

2,778
12,352

13,456

Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law

2,815
11,996

Total .

12,658

13,456

12,658

REPORT OF THE OOMPTBOIiLEB OF THE CTJKRENlCT

101

Assets and liabilities of national banks} by States, at date of each call during year
ended Oct. 31, 1940—Continued
NEW YORK
[In thousands of dollars]
Dec. 30,

Mar. 26,

June 29,

1939

1940

1940

437 banks

435 banks

429 banks

1,558,610
873
1, 563,247
639,940
371,095
405,025
88,894
2,430,415
44,382
353,554
106,162
16,344

1,556, 757
579
1, 534,844
608,566
442,042
387, 540
88,122
2, 753, 707
43, 581
377,684
105,497
16,029

1,492,369
1,238
1,851,322
619,260
404,840
387,062
86,039
3, 036,694
43,648
326,509
104,499
15,157

1,987
28,209

1,890
27,016

1,910
21,147

14, 076
4,370

12,333
4,964

13,648
4,393

7, 627,183

7,961,151

8,409, 735

3,868, 449
764,669
36,847
244, 222
1,733, 519
100, 791
6,748,497
5,956,683
791,814
293
16

4,188,314
764,359
31,485
226,122
1,763,136
111, 048
7,084,464
6.287,380
797,084
166
16

4,454,177
772,336
29,613
284,053
1,887,133
77,637
7,504,949
6,701,278
803,671
589
16

32,079
7,067
6,064
125, 728
6,919, 744

29,308
7,304
7,387
120,918
7,249,563

24, 745
6,996
9,166
155,217
7, 701,678

18,628
4,140
258,305
281, 073
311,996
82,572
31,798

17,502
3,977
258,255
279,734
312,193
87,212
32,449

16,787
3,731
257,712
278,230
312,839
84,986
32,002

707,439
7,627,183

711,588
7, 961,151

708,057
8,409, 735

196,367

236,592

290, 725

ASSETS

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection.
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
Total assets
LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money.
Mortgages or other liens on bank premises and other real estate
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earnedInterest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts
MEMORANDA

Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities._,
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Securities loaned
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements
of law
Borrowings secured by pledged assets, including rediscounts
and repurchase agreements
Other liabilities secured by pledged assets
Total




78,300

82,716

56,770

30,017
15,758

29,769
5,283

29,670
5,853

320,442

354,360

383,018

209, 734

248,887

293
80

166
80

55

210,107

249,133

280,672

102

OF THE COMPTROLLER OF 'THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940— Continued
NORTH CAROLINA
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

42 banks
ASSETS

Loans and discounts._.
Overdrafts
U . S . Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection...
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected..Other assets

41,055
5
11,643
3,755
11,465
947
404
11,320
4,302
40,080
2,413
559

June 29S
1940
43 banks

44,479
5
11,828
3,539
11,299
919
420
10,783
4,726
37, 559
2,568
552

10, 725
3,515
11,255
846
419
10, 790
3,277
34,692
2,543
523

6
2

7
2

54
176

162

128,154

Total assets..

67
133

128,915

125,829

57, 847
29,520
161
682
10, 789
12, 825
2,522
114, S'46
83 942
83, 9
4
O4
30, 4
7

57,658
30,256
168
694
9,706
10, 936
1,741
111, 159
79, 892
31,267

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Mortgages or other liens on bank premises and other real estate
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities

60, 730
27,633
182
768
9,424
13,427
2,088
14252

2
166
126
18

2
275
126
43

114,631

Total liabilities .

169
134
76

114,665

111,613

423
10
6,042
6,475
4,362
1,817

377
10
6,255
6,642
4,585
2,062
961

362
10
6,270
6,642
4,707
1.961
906

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
--.
Undivided profits
Reserves and retirement account for preferred stockTotal capital accounts
Total liabilities and capital accounts.

13, 523

14,250

14, 216

128,154

128,915

125,829

6,517

6,583

6,800

6,185

6,422

6,386

13

50

MEMOEANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total.
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law...
Total.




12,715

13,254

10, 754
10,754

10, 951
11,784

10, 951

REPORT. OF THE COMPTROLLEIR OF THE CURRENCY

103

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
NORTH DAKOTA
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

50 banks

48 banks

47 banks

ASSETS

Loans and discounts
Overdrafts
-.
U. S. Government securities, direct obligations__
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin—_
Balances with other banks, and cash items in process of collection..
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets._
Total assets

_

21,451
8
9,452
3,268
4,189
1,793
171
4,546
1,041
9,169
1,821
187

19, 264
22
8,946
3,490
4,134
1,706
163
4,502
1,131
11, 376
1,793
160

17,792
17
8,730
3,540
3,796
1,732
161
5,029
929
12,202
1,774
138

196
51

247
46

208
43

57,343

56,091

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of TJ. S. Government
Deposits of States and political subdivisions
Deposits of banks-..
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
._
__.
Bills payable, rediscounts, and other liabilities for borrowed money Interest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities_

23, 503
19, 696
37
115
3,854
3,149
417
50,771
SO, 782
19,989
25
73
115
1

22, 730
19, 527
40
124
3,419
3,643
412
49,895
SO, 046
19,849

51,111

Total liabilities

25,448
19, 541
124
150
2,666
2,438
519
50,886
SO, 958
19,928
50
72
95

50,985

50,070

814
45
2,875
3,734
1,671
623
204

763
45
2,804
3,612
1,646
550
187

691
45
2,813
3,549
1,643
674
155

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus.
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts

6,232

5,995

6,021

57,343

56,980

56,091

2,311

2,621

2,915

248

63

234

234

234

2,644

3,103

3,212

1,642

2,505

2,449

50

25

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilitiesOther assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Total




2,530

2;449

104

[REPORT OF THE COMPTROLLER OF THE: CURRENCY

Assets and liabilities of national banksf by States, at date of each call during year
ended Oct. 81, 1940—Continued
OHIO
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

244 banks

244 banks

244 banks

339,292
48
201,273
65,559
89,953
78,100
5,031
166,028
26,031
268,608
28,631
3,286

348,002
59
192,875
65,380
91,571
79,140

365,349
63
179,368
63,409
92,457
74,789

158,634
27,719
256,694
28,622
3,049

175, 467
22,207
278,239
28,377
2, 637

5,015
420

4,985
602

5,044

1,465
775

1,807
735

1,527
794

1,279, 515

1,264,910

1,295,359

517,006
364,089
921
10,423

ASSETS

Loans and discounts
_
Overdrafts.
_
_
_
U. S. Government securities, direct obligations
_
._.
Obligations guaranteed by U. S. Government..
Obligations of States and political subdivisions..._
Other bonds, notes, and debentures
Corporate stock, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
_.
_
Balances with other banks, and cash items in process of collection.__
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
__.
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
Total assets..
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits—
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed moneyAcceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities

4,934

611
674
2,258
963

1,141,601

Total liabilities.

448
571
1,557
758

534,143
367,391
959
10,057
96,301
129,343
12,159
U150,853
761,94*
888, 411
15
712
832
2,084
764

1,125,155

1,154,760

14,125
543
59,662
74,880
39,072
15,087
9,425

13,967
518
59,763
74, U8
39,362
16,154
9,991

13,768
518
59,766

362,911
2,490
10*812
84,660
129,495
12,503
1,188,857
768,806
884,951
10

129,405
12,437
1, ISO, 649
785,668
886,091

CAPITAL ACCOUNTS

CapitaUtock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts
Total liabilities and capital accounts.

74,052
40,035
16,177
10,335

137,914

139,755

140,599

1,279,515

1,264,910

1,295,359

102,573

97,573

103,748

47,533

46,039

44,105

4,583

4,822

154,689

148,434

4,692
78
152,623

118,405

111, 319

120,957

118,405

111, 319

120,972

MEMOEANDA

Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Securities loaned
Total
Secured liabilities:
Deposits secured b y pledged assets pursuant to requirements of
law
.
Borrowings secured by pledged assets, including rediscounts and
repurchased agreements..
Total




15

KEFORT OF THE COMPTBOLiLEB OF THE OtFBREKlCY

105

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
OKLAHOMA
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

211 banks 210 banks 209 banks
ASSETS

Loans and discounts
Overdrafts
U.S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection...
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets

130,755
113
40,686
18,280
57,014
5,587
1,242
56,059
6,275
134,274
9,015
141

132, 202
75
37,352
17,876
55,121
4,674
1,247
57,106
5,272
141,590
9,105
108

366
72

215
42

187
37

413

359
428

393
382

457,850

460, 485

462, 727

192,623
65,950
381
9,448
48,367
78, 406
11,937
407,112
882,7 U
74,868
2

202,947
63,789
331
9,248
53,079
74,366
4,720
886,487
72,048

205, 708
64,274
338
9,110
50,763
75,641
5,076
410,910
388,629
72,281

72
300
476

42
323
416
458

479
201

408, 255

Total assets...

129, 111
61
39,318
19,860
56,478
5,990
1,223
52,609
5,817
136,915
9,077
157

409,719

411,942

1,710
62
22,624
24,396
14,945
8,149
2,105

1,521
12
22,894

22,997

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
_
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits

Bills payable, rediscounts, and other liabilities for borrowed money..
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.

408,480

37

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock.
Class B preferred stock
Common stock
Total capital stock
Surplus.._
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts
Total liabilities and capital accounts

15,152
8,980
2,207

1,292
12
24,301
15,549
8,681
2,254

49,595

50,766

50, 785

457,850

460,485

462,727

34,964

37,289

35,595

35, 438

36,890

1,066
50
71, 518

1,024
49
75, 252

73, 614

59,951

66,601

63,262

59,951

66,601

13
63,275

MEMORANDA

Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed, pledged to
secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets, pledged to qualify for exercise offiduciaryor corporate
powers, and for purposes other than to secure liabilities
Securities loaned
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Total..
281684—41


49

106

[REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States} at date of each call during year
ended Oct. SI, 1940—Continued
OREGON
[In thousands of dollars]
Dec.

June 29,
1940

27 banks
ASSETS

Mar. 26,
1940
27 banks

27 banks

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities

82,912
105
77,140
24, 273
16,952
6,075
494
34,093
5,120
59,519
6,424
178

93,427
87
70,590
24,216
15,322
6,864
495
41,101
6,591
60,824
6,462
135

33
83

28
83

27
68

775
190

849
221

762
188

314,466

327,159

126, 230
98,872
180
5,875
21, 270
22,702
3,058
£78,187
175,143
103,044

118,862
98,818
177
5,709
39,477
23,095
3,123
£89,261
184,365

131,225
104,851
176

104,896

34,415
21,623
3,182
801,415
190,463
110,952

84
549
451
154

86
550
700
246

69
617
633
153

279,425

Total assets

83,819
82
77,876
24,282
15,326
6,184
486
31,405
5,181
50,398
6,430
191

302,741

Loans and discounts
Overdrafts
U . S . Government securities, direct obligations
__
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection._.
Bank premises owned, furniture and
fixtures
_.
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
._
_
_
Other assets

290,843

302,887

137
10
8,908
9,055
7,192
4,504
2,565

135
10
8,935
9,080
7,415
4,595
2,533

125
10
8,945
9,080
7,440
4,643
3,109

5,943

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
__
Reserves and retirement account for preferred stock

23,316

Total capital accounts
Total liabilities and capital accounts

23,623

24,272

302,741

314,466

327,159

44,935

49,591

48,814

3,674

4,901

5,502

677

677

678

49,286

55,169

54,994

28,21

46,430

41,200

28,21

46,430

41,200

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law
TotaL




REPORT OF THE COMPTROLLER OF THE CTTRREHlCY

107

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 19 40— Continued
PENNSYLVANIA
[In thousands of dollars]
Dec. 30,

Mar. 26,
1940

693 banks
ASSETS

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by IT. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection...
Bank premises owned, furniture and fixtures.-:
Real estate owned other than bank premises
.
Investments and other assets indirectly representing bank premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
Total assetsDemand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money.
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned. _
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.

June 29,
1940
690 banks

800,269
25
827,705
112,724
114, 233
418,998
20,456
568,939
55,005
457, 758
78,469
31,460

815, 434
61
817,434
110,116
122, 524
404,678
19, 792
600,988
59,774
454,477
78,297
30, 594

832,272
36
791,275
106,360
134,018
387,367
19,957
708,503
49,862
455,093
77,703
28,796

1,219
8,812
5,493
6,741

1,289
6,129

1,236
4,019

3, 508, 306

6,203
5,180
3, 532,970

5,346
6,628
3,608,471

1,183,892
1, 063, 674
8,950
66, 381
119, 228
579, 669
17,133
8,038,927
1, 884,761
1,154,166
200

1,176, 567
1,076,991
7,126
66,164
130,243
592,417
14, 223
8, 063,731
1,895,704
1,168,027
192

1, 241,615
1,077,336
6,513
64,319
141,189
597, 372
14, 608
8,142,952
1,981,226
1,161,726
196

10, 546
1,711
4,535

7,732
1,928
5,040
2,293

3,059, 515

3,080,916

6,341
1,861
5,703
3,523
3,160, 576

15, 321
1,065
149, 752
166,138
192,204
59,402
31,047
448, 791

14, 372
1,215
150,140
165,727
192,172
63,235
30,920
452,054

14,224
1,215
149,994
165,433
191,926
61,309
29,227
447,895

3, 508,306

3, 532,970

3,608,471

232,116

234,299

232,948

29,171

27,683

26,956

6,612
500
268, 399

6,945
750
269,677

6,841
5
266,750

209, 345

204, 739

202,213

175
42
209, 562

155
28
204, 922

202,399

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
.
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts
Total liabilities and capital accounts
MEMORANDA

Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assests pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities.
Securities loaned
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Other liabilities secured by pledged assets
Total




186

108

IREPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by Statesf at date of each call during year
ended Oct. 81, 1940—Continued
RHODE ISLAND
[In thousands of dollars]
Dec. 2

June 29,
1940

12 banks
ASSETS

Mar. 26,
1940
12 banks

12 banks

43,106
1
17,013
6,005
1,905
8,183
585
25,381
3,347
22,445
714
200

46,061
1
16,306
5,930
2,344
7,498
582
24,853
3,064
17,154
702
172

507
70

507
61

507
91

200

223
96

203
47

129,772

125,515

74,563
17,484
154
581
5,992
7,433
761
106,968
89, S01
17,767

77,424
17,604
53
576
5,052
10,791
528
US, 0S8
94,087
17,941

76,764
17,602
54
522
2,884
9,484
649
107,959
90,076
17,888

183
139
104
158

130
184
168
128

111
153
141
170

107, 552

Total assets..

43,720
2
21,822
4,966
2,265
8,235
591
20,300
3,170
17,677
709
201

124,474

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection.._
B ank premises owned, furniture and
fixtures
_
•
—
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets

112,638

108,534

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U.S. Government
___
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers'checks, etc.)
Total deposits
Demand deposits
Time deposits

Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned...
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities .
Capital stock:
Preferred stock
Common stock

CAPITAL ACCOUNTS

Total capital stock

Surplus
_
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts..

426
7,079
7,505
7,494
1,674
249

396
7,099
7,495
7,509
1,868
262

7,099
7,495
7,518
1,752
216

16,922

17,134

16,981

124,474

129,772

125,515

1,654

1,651

1,546

473

594

674

818

822

818

2,945

3,067

3,038

1,635

1,645

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged to
secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total .
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law
Total.




1,672
1,672

1,645

109

REPORT OF THE COMPTROLLER OF THE CUEBENOY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940— Continued
SOUTH CAROLINA
[In thousands of dollars]
Dec. 30,

ASSETS

June 29,
1940

20 banks

Loans and discounts.
Overdrafts
.._
.
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection...
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Customers' liability on acceptances outstanding. _
_
Interest, commissions, rent, and other income earned or accrued but
not collected..
_
.._
Other assets..
Total assets...

Mar. 26,
1940
21 banks

21 banks

30,995
6
9,485
1,843

38,840
5
7,816
2,034
7,427

37,737
27
7,934
2,278
7,961
1,503
294
8,802
4,132
42,467
1,923
155
5

8,725
2,808
40,273
1,915
116
5

2
438
94,755

51
490
115,759

381
112,296

47,957
13,737
26
412
15,784
6,799
1,342
86,057
71,776
14,282

55,769
18,610
18
432
19,161
10,616
388

709
243
8,308
2,931
32,411
1,426
130

1,626
276

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions._
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
_..
Demand deposits
Time deposits.
_
Bills payable, rediscounts, and other liabilities for borrowed money.
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
_.
Other liabilities
_
_
Total liabilities.

104,994
86,322
19,672

54,486
19,178
17
548
16,852
9,375
1,106
101,562
81,819
19,743
50

129

86, 202

5
147
79
44

105,239

101,887

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
_
Class B preferred stock
Common stock.__
_
Total capital stock
Surplus
.Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts

1,160
5
3,365
4,630
2,410
1,179
434

1,154

934

4,591
5,625
2,835
1,456
593

4,371
6,525
2,747
1,563
685

8,553

-

10,409

94,755

112,296
:•

,

=

:

MEMORANDA

Pledged assets:
XJ. S. Government obligations, direct and guaranteed, pledged to
secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement.-Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
-_
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
___
___
Total.




5,942

6,055

6,395

2,261

4,872

3,398

8,668

11,307

10,169

10,506

13,044

10,822

10,506

13,044

10,872

376

465

50

110

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940—Continued
SOUTH DAKOTA
[In thousands of dollars]
Dec. 30,
1939

ASSETS

June 29,
1940

41 banks
Loans and discounts
Overdrafts
U.S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection..
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
__.
Investments and other assets indirectly representing bank premises
or other real estate
Interest, commissions, rent, and other income earned or accrued but
not collected.
Other assets
Total assets

Mar. 26,
1940
41 banks

41 banks

25,523
19

9,207
2,395
6,827
1,530
164
6,823
1,407
12,376
1,601
77

27,204
35
8,588
3,113
6,916
1,340
169
6,087
1,313
9,475
1,596
67

100

100

100

261
119

295
79

291
101

68,429

66,377

66,273

27,888
16,670
32
277
11,899
4,190
551
61,507
44,278
17,229

27,430
16,881
26
237
10,486
3,579
565
59,204
41,780
17,424

82
85
107
9

159
2

25,885
16,924
33
256
11,927
3,283
737
59,045
41,545
17,500
40
81
107
116
12

61,790

59, 541

59,401

1,420
15
2,812

1,463
15
2,869
A, 347
1,188
870
431

1,376
15
2,926
4,317
1,265
890
400

27,667
23
8,169
2,862
6,715
1,228
169
6,025
1,191
10,090
1,595
47

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits.
Time deposits

Bills payable, rediscounts, and other liabilities for borrowed money..
Mortgages or other liens on bank premises and other real estate
Interest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.

82

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock..
Common stock
Total capital stock

Surplus
.
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts
Total liabilities and capital accounts.

A,W

1,182
805
405

6,872
68,429

66.377

66,273

7,052

6,732

7,317

2,602

2,691

2,781

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged to
secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
___
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total.

374

404

397

10,028

9,827

10,495

Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law

8,681

Total.



8,681

8,504
7,593

8,504

REPORT OF THE COMPTROLLER OF THE CURRENCY

111

and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940— Continued
TENNESSEE
[In thousands of dollars]
Dec. 30,
1939

M a r . 26,
1940

J u n e 29,
1940

71 banks

71 banks

71 banks

185,674
60
48,351
15,212
33,863
11,912
2,669
46, 734
7,706
119,384
11,204
2,219

171,412
113
46,863
17,663
33,611
13,484
2,574
44, 740
8,445
128, 241
11,176
2,173

167,680
90
39,704
17,155
34,088
12,416
2,594
55,350
6,805
127,425
11,084
1,997

282
153

280
33

277
50

791
444

781
476
482,065

477,891

ASSETS

Loans and discounts.._
_
_
Overdrafts
U.S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Keserve bank
Reserve with Federal Reserve bank
,
Currency and coin
Balances with other banks, and cash items in process of collection...
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
_
Total assets.,
Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits.
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
.
Time deposits
.
Bills payable, rediscounts, and other liabilities for borrowed money.
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned._.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
Capital stock:

486,658
—
' —
158,429
110,062
681
16,161
28,879
120,934
4,106
439,252
819,922
119,330
20

147,053
110, 544
455
16,123
38,168
119,116
2,710
484,169
314,398
119,771

153,838
112,135
422
15,927
39,611
104,881
2,974
429,788
808,428
121,865
50

157
763
555
260
441,007

33
795
710
501
436, 208

50
806
497
231
431,422

5,723
100
18,132
28,955
13, 585
6,570
1,541
45,651

5,526
100
18,182
23,808
13,807
6,743
1,499
45,857

5,526
100
18,182
23,808
13,843
7,137
1,681
46,469

486,658

482,065

477,891

27,512

28,070

30,653

19,168

19,410

20,251

185
169
47,034

202
405
48,087

211
85
51,200

41,561

45,418

49,938

45,418

49,938

CAPITAL ACCOUNTS

Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
•_.
Surplus
Undivided profits
.
Reserves and retirement account for preferred stockTotal capital accounts
Total liabilities and capital accounts
MEMORANDA

Pledged assets and securities loaned:
U.S. Government obligations, direct and guaranteed, pledged to
secure deposits and other liabilities.
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
Assets pledged to qualify for exercise offiduciaryor corporate
powers, and for purposes other than to secure liabilities
Securities loaned
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Total.



20
41,581

112

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940—Continued
TEXAS
[In thousands of dollars]
Dec. 30,
1939

M a r . 26,
1940

June 29.
1940

445 banks

446 banks

446 banks

441,318
714
201,190
55,472
97, 783
23,925
5,335
198,363
24,477
471,679
32,762
5,283

424, 709
920
211,823
51, 578
97,483
22, 964
5,339
192,471
25,893
484,407
32,881
5,111

428,867
740
202,666
49, 918
95,282
23,347
5,419
200,181
22,383
492, 232
33,445
5,041

4,480

4,468
226

4,749
235

532

708
1,394

556
1,150

1,565,108

1,562,375

1,566,211

726,627
183,207
1,867
36, 358
111, 951
309, 776
40,035
1,409,821
1,206,867
202,954

775,655
185,018

1

760,757
182,859
1,752
34,945
122,035
287, 760
14,081
1,404,189
1,201,760
202,429
72
1

34,279
114,285
277, 253
17, 253
1,405, 510
1,201, 710
203,800
364
1

359
689
2,015
1,173

226
775
2,151
1,230

235
717
2,692
1,051

1,414,181

1,408,644

1,410, 570

10,890
6
64,745
76,641
45,147
22,362
7,777

9,953
6
63,023
72,982
48, 651
25, 581
6,517

9,597
6
63,278
72,881
49,263
25,955
7,542

ASSETS

Loans and discounts
_
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures.
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection- _ .
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
Total assets...
LIABILITIES

Demand deposits of individuals, partnerships, and corporations- _
_
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits..,.
Demand deposits
Time deposits

Bills payable, rediscounts, and other liabilities for borrowed moneyMortgages or other liens on bank premises and other real estate
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earnedInterest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.
Capital stock:

123

1,767

CAPITAL ACCOUNTS

Class A preferred stock
Class B preferred stock
Common stock
Total capital stock

Surplus
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts
Total liabilities and capital accounts.

153, 731

155,641

1,565,108

1,562,375

1,566,211

123, 568

129,848

132,245

46,912

45,695

44, 835

990

1,006

1,008

171,470

176,549

178,088

150,916

161,368

153,745

4

72

283

150,920

161,440

154,028

150,927
;

——
r

MEMOEANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
„
Assets pledged to qualify for exercise offiduciaryor corporate
powers, and for purposes other than to secure liabilities
Total.
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Total.



REPORT OF THE COMPTROLLER OF THE CTJRJJENlCY

113

and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
UTAH
[In thousands of dollars]
Dec. 30,
1939

M a r . 26,
1940

June 29,
1940

13 banks

13 banks

13 banks

ASSETS
22,989
79
12,272
6,179
4,541
1,259
211
11,027
881
22,052
1,755
157

24,794
64
12,043
6,172
3,270
1,554
209
11,105
759
19,655
1,738
116

1,175

1,175

1,175

18

4
84

1
22

84,665

82,677

30,318
21,127
84
29
8,200
14, 693
353
74,804
53,357
21,447
82
95
256

30, 569
21,504
84
28
9,146
14, 522
331
76,184
54,416
»U 768
91
125
48

32,012
21,741
86
24
5,974
13,946
353
74,136
52,133
22,003
102
131
43

75, 237

76,448

74,412

1,002
2,821
8,823
2,173
1,429
898

Total assets

23,599
66
11,588
6,172
4,779
1,052
208
10,143
859
21,984
1,758
159

83,560

Loans and discounts
_.
_. .
._ _.
Overdrafts
XL S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of State and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
.
Balances with other banks, and cash items in process of collection.—
B ank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets

900
2,923
8,828
2,277
1,309
808

750
3,073
8,828
2,279
1,492
671

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government.
.
_.
_.
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.) - .
Total deposits
Demand deposits.

. .

Time deposits
_
_._ .
._ . _
Interest, discount, rent, and other income collected but not earned.Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities

_ ..

_ _

CAPITAL ACCOUNTS
Capital stock:
Preferred stock
Common stock _.
Total capital stock

_ _ . _ .

.

Surplus..
.
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts

_.

8,323

8,217

8,265

83,560

84,665

82, 677

279

279

279

126

126

77

79

79

79

484

484

435

248

Total liabilities and capital accounts

287

284

287

284

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
.
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold
under repurchase agreement
. _. _ _.
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities- _
Total

___.

Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law._. _ ._
. _
_
Total




_

.

.

248

114

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 81, 1940—Continued
VERMONT
[In thousands of dollars]
Dec. 30,
1939

Total assets

._

_

June 29,
1940

42 banks

Loans and discounts
Overdrafts.
^.
U. S. Government securities, direct obligations
1
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection...
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected
Other assets
._

Mar. 26,
1940
41 banks

41 banks

26,460
2
8,531
1,891
2,748
8,724
325
6,582
1,198
10,214
1,039
305

26,963

28,781

8,166
1,949
2,875
8,678
313
6,046
1,317
8,947
987

6,663
1,791
3,204
7,930
318
6,167
1,283
11,301
975
319

_

32

32

130

122
61

68,234

66,776

68,954

18,080
35,767
128
451
1,850
890
634
57,800
21,628
86,272

17,062
35,466
93
501
1,965
755
536
66,378
20,380

18,783
35,834
50
453
1,710
1,002
685
68,517
22,243
36,274
25
76
72
64

57,999

56,558

58,754

632
100

_

32

119
64

579
100
4,428
5,107
2,675
1,651
785

579
100
4,429
5,108
2,717
1,601
774

LIABILITIES

Demand deposits of individuals, partnerships, and corporations....
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashier's checks, etc.)
Total deposits
Demand deposits
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money
Interest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
_.
Total liabilities

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock.
_
Common stock.
Total capital stock
Surplus..
_
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts

_

4,487
5,219
2,710
1,527
779

_

Total liabilities and capital accounts.

10,235

10,218

10,200

68,234

66,776

68,954

1,124

1,215

1,129

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold under
repurchase agreement
_
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law.._
Total




264

142

123

1,523

1,625

1,640

1,167

13
,

1,243

1,167

1,330

1,243

135

KEFORT OF THE COMPTEOLTJS'B OF THE CURRENCY

115

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
VIRGINIA
[In thousands of dollars]
Dec. 30,
1939

ASSETS

June 29,
1940

130 banks
Loans and discounts
Overdrafts—
U . S . Government securities, direct obligations
Obligations guaranteed by U. S. Government
.
Obligations of States and political subdivisions—
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures. ._.
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
_
Other assets
Total assets..

Mar. 26,
1940
130 banks

130 banks

163,540
43
67,469
15,536
15,411
13,806
2,471
55, 469
8,976
81, 532
9,005

163,939
14,213
15, 601
14,104
2,463
56,641
9,770
76,975
9,065
2,853

168,411
28
62,617
13,749
16,336
13, 645
2,477
60,013
8,279
81,144
9,093
2,685

866
10

953
2

925
18

409
1,005
438,434

481
932
436, 349

422
915
440, 757

143,904
593
3,950
22,878
59, 208
6,728
886,091
283, 089
153,002
258

151, 712
146,230
573
3,909
20,954
55, 873
3,877
383,128
227,700
155,428
17
5

155,086
147,142
569
4,066
22, 912
53, 517
4,100
387,392
230,945
156, 447
41
5

10
466
406
596
387,827

464
744
297
384, 657

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
_._.
Deposits of TJ. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
..
.
Demand deposits
Time deposits
_.
Bills payable, rediscounts, and other liabilities for borrowed money.
Mortgages or other liens on bank premises and other real estate
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities..
Total liabilities.

18
535
367
570

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
_
_
Undivided profits
Reserves and retirement account for preferred stock..
Total capital accounts
Total liabilities and capital accounts

50, 607
438,434

1,189
13
23,537
24,739
17, 271
7,226
2,456
51, 692
436,349

1,179
13
23, 537
24,729
17, 434
7,068
2,598
51, 829
440, 757

28, 022

27, 652

27, 239

9,847

9,943

3,301
5
40,805

3,398
5
40, 585

1,317
13
23,345
24,675
17,103
6,262
2,567

MEMORANDA

Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Securities loaned
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law..
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Other liabilities secured by pledged assets
Total




3,363

40, 754

28,212

28,083
257

15

40

28,340

26, 793

28,252

116

REPORT OF THE COMPTROLLER OF THE CURRENCY

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940—Continued
VIRGIN ISLANDS OP THE UNITED STATES
[In thousands of dollars]
Dec. 30,

Mar. 26,

June 29,

lbank

lbank

lbank

1939

1940

1940

ASSETS

Loans and discounts
U.S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Currency and coin
Balances with other banks, and cash items in process of collection..
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
Total assets

561
14
113
64
163
181
467
12
4

545
14
113
72
163
193
493
12
4

581
14
113
64
204
167
441
12
3

13
2

4
4

15
1

1,594

1,617

211
865
90
178
10
2
1,856

235
869
72
192
3
4
1,875
459
916
5
10

1,615

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits

425
981
4
5

Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
Capital stock:
Preferred stock
Common stock

1,365

1,390

224
902
84
162
5
1,877

m
951
1
4
1,382

CAPITAL ACCOUNTS

.._

Total capital stock

Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts
Total liabilities and capital accounts

121
29
160
20
16
43

120
30
150
20
15
42

120
30
150
20
15
48

229

227

233

1,594

1,617

1,615

MEMORANDA

Pledged assets: U. S. Government obligations, direct and guaranteed, pledged to secure deposits and other liabilities
Total

113

113

113

113

113

113

Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law

90

72

84

90

72

84

Total




KEFORT OF THE COMPTROIiLEiR OF THE CTJ'RRENiCY

117

and liabilities of national banksf by States, at date of each call during year
ended Oct. 81, 1940—Continued
WASHINGTON
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

J u n e 29,
1940

45 banks

45 banks

44 banks

ASSETS

Loans and discounts
Overdrafts.. _
IT. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection..
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises^.
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets

168,150
157
101,397
11,052
£8,487
10,833
1,319
52,609
9,309
108,076
8,317
739
141

668

572
525

481,964

Total assets...

158,387
145
102,559
18,414
29,539
10,456
1,327
50,728
9,954
102,003
7,962
' 812
186

494,133

501,683

210,141
132,459
252
7,072
33,354
50,845
3,878
438,001
808,81$
13/h 159

200,004
133,091
256
6,839
57,978
47,294
3,575
449,037
314,212
184,825

214,685
134,380
252
7,873
45,392
50,286
3,904
456,772
320,632
136,140

156,553
111
100,193
19,303
22,167
10,634
1,330
49,249
9,822
102,421
7,861
808
143
672

LIABILITIES
D e m a n d deposits of individuals, partnerships, and corporations
T i m e deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Acceptances executed b y or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected b u t not earned...
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities-

189
970
739
78

162
928
545
542

439,883

451,013

458,949

2,119
12

---

144
783
506
449

2,051
12
20, 397
22,460
10,083
6,847
3,730

CAPITAL ACCOUNTS
Capital stock:
Class A preferred stock
Class B preferred stock
Common stock.
Total capital stock
Surplus
_
Undivided profits
Reserves and retirement account for preferred stock

20, 392
22, 523
9,941
5,998
3,619

1,953
12
20,297
22,262
10,117
6,401
3,954

..

Total liabilities and capital accounts

42,081

43,120

42,734

481,964

Total capital accounts

494,133

501,683

57,084

76,012

65, 658

8,309

10,419

11,800

61

61

61

86,492

77,519

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total

-_.

.

Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law
Total




69,264

46,142

57,796

69,264

57,796

118

(REPORT OF THE COMPTROLLER OF THE OURRENOY

Assets and liabilities of national banks, by States} at date of each call during year
ended Oct. 81, 1940—Continued
WEST VIRGINIA
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

77 banks

78 banks

78 banks

ASSETS

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Eeserve bank...
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection...
Bank premises owned, furniture and
fixtures
_
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
_
Interest, commissions, rent, and other income earned or accrued but
not collected
_
Other assets
—

66,636
24
19,697
10,498
7,305
9,092
1,252
16,903
6,230
47,411
5,193
2,517

69,008
14
18,932
10, 203
7,450
8,767
1,217
16, 726
4,884
50,154
5,183
2,336

51

48

39

55
321

42

55
376

187,807

193,207

195,344

73,915
61, 570
915
2,633
11,941
9,042
3,160
163,176

79,227
64,242
818
2,295
10, 635
9,726
1,530
'168,473
102,921
65,552
174
240

79, 228
64,881
757
2,394
11, 422
9,908
1,930
170,520
104.321
66,199
366
243
146

163,658

Total assets..

67,181
9
20,733
9,663
6,987
8,930
1,263
16,088
5,585
43,139
5,171
2,631

168,967

171,075

1,841
160
10.406
12.407
7,470
2,849
1,423

1,242
160
10,486
11, 888
8,015
3,070
1,267

1,144
160
10, 515
11,819
8,147
2,971
1,332

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.

ioo, m
62,892
151
191
140

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stocks
Surplus
Undivided profits
Reserves and retirement account for preferred stockTotal capital accounts
Total liabilities and capital accounts-

24,149

24, 240

24,269

187,807

193,207

195, 344

13,318

13,478

12,976

3,666

3,943

3,960

23

23

17,007

17,444

16,959
—

13,520

12,670

12, 770

13,520

12,670

12,770

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement..
_
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total .
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law
Total.




REPORT OF THE COGMPTROLL,EE. OF THE CURRENCY

119

Assets and liabilities of national banksy by States, at date of each call during year
ended Oct. 81, 1940—Continued
WISCONSIN
[In thousands of dollars]
Dec. 30,
1939

M a r . 26,
1940

June 29,

105 banks

103 banks

103 b a n k s

1940

ASSETS

Loans and discounts
_
Overdrafts
_._
._
TJ. S. Government securities, direct obligations.
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection,.
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets-.

108,325
48
153,170
20,125
23,199
60, 555
1,799
93, 579
10, 774
120, 763
10, 702
1,363

109,236
24
151,276
21,019
23,885
58,236
1,797
105, 341
10,183
122,868
10,633
1,295

279
51

22

287
30

1,074
1,158

1,465
1,081

1,058
1,317

594,413

Total assets

107,305
20
155,631
22,117
23, 797
61, 293
1,821
78,929
9,907
118, 866
10, 780
1,385

607,239

618,485

218, 398
204,896
366
11,986
24,678
70,038
6,098
586,460
829,715
206, 745
1

200, 719
203,160
285
11, 781
50, 393
76, 749
5,498
548,585
343,693
204, 892

219,717
203,871
257
11, 382
42, 971
74,846
6,232
559,276
353, 734

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
__
Deposits of banks...
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits..Time deposits
Mortgages or other liens on bank premises and other real estate
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount,rent, and other income collected but not earned...
Interest, taxes, and other expenses accrued and unpaid
Other liabilities.
._

22
308
1,029
627

30
318
718

538,008

Total liabilities

51
291
635
570

550, 571

560,940

10,069
85

9,635
35
22,345
82,015
11,819
8,796
4,038

9,775
60
22,457
32,292
11,952
8,897
4,404

594,413

607,239

618, 485

18,895

18,751

18,681

1,295

1,230

1,145

1,769

1,804

1,917

21,959

21,785

21,743

16,288

15,837

15,989

16,288

15,837

15,989

CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock
Total capital accounts..-

._

Total liabilities and capital accounts

22,272
82,426
11, 729
8,317
3,933
56, 405

57, 545

MEMOKANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged to
secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
_
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total..
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law..
Total




120

[REPORT OF THE COMPTROLLER OF THE OURRESTOT

Assets and liabilities of national banks, by States, at date of each call during year
ended Oct. 31, 1940— Continued
WYOMING
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

26 banks

26 banks

26 banks

ASSETS

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection. _
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
Total assets

17,020
10
8,221
1,519
3,096
1,057
146
6,482
1,419
16,612

18,526
21
7,074
2,120
3,470
1,165
147
6,132
1,477

14

17, 256
17
7,346
2,127
3,236
1,056
146
5,873
1,378
14,334
671
12

182

182

182

22

21
10

33
10

56,478

53,665

54,353

21,561
14,863
46
291
7,917
5,437
336
50, 461
34,905
15,546
89
88
3
64

19,870
!5,150
323
7,259
4,659
385
47,693
81,829
15,864
101
6
1

20,198
15,172
47
316
7,697
4,400
366
48,196
82,086
16,110
50
110
6
63

50, 695

47,801

48,425

224
200
2,146
2,670
1,821
1,196
196

210
200
2,150
2,660
1,838
1,276
190

205
200
2,150
2,565
1,914
1,239
220

669

13,333

651
12

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits

Bills payable, rediscounts, and other liabilities for borrowed money.
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities
CAPITAL ACCOUNTS

Capital stock:
Class A preferred stock
Class B preferred stock
Common stock
Total capital stock

Surplus
Undivided profits
Reserves and retirement account for preferred stock.
Total capital accounts
Total liabilities and capital accounts.._

5,783

5,928

56, 478

54,353

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
-—
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
la^
Borrowings secured by pledged assets, including rediscounts and
repurchase agreements
Total
—
—



7,232

7,043

2,194

2,153

2,403

73

73

73

9,553

9,458

9,519

7,940

7,549

7,937
50

8,029

7,549

7,987

TABLE N O . 19.—Principal items of assets and liabilities of national banks, classified according to deposits, June 29, 1940
SUMMARY
[In thousands of dollars]

3

Loans and investments
Number
of banks
Total

Banks with deposits of—
$100,000 and under
$100,001 to $250,000
$250,001 to $500.000
$500,001 to $750,000
$750,001 to $1,000,000
$1,000,001 to $2,000,000...
$2,000,001 to $5,000,000...
$5,000,001 to $50,000,000..
$50,000,001 to $100,000,000
$100,000,001 and over
Total




3,815
349
56,819
885
271,964
696
343,292
560
384,429
1,134
1, 223,524
871
1,962,830
577 4,835,889
31 1, 276,415
* 45 11,725,525
5,170

22,084,502

Cash, balances with
other banks,
Loans and
U. S. Govincluding re- Total assets
discounts, in- ernment obOther
serves with
cluding redis- ligations- bonds and Federal Redirect and
securities serve banks
counts and
guaranteed
overdrafts
1,267
38,193
165,617
196,108
209,152
625,998
947,053
2, 251,115
612,042
4,132,682

2,202
9,569
50,353
68,432
79,836
287,138
529,168
1,656,834
448,526
5,979,168

9,179,227

9, 111, 226 3,794,049

9,057
55,994
78,752
95,441
310,388
927,940
215,847
1, 613,675

Capital
stock

Surplus,
profits,
and re-

Total deposits

1,076
23,820
116,483
148,789
167,884
562,136
981,597
3,030,252
924,421
7,920,646

5,022
83,375
400,083
506,861
568,290
1, 842,466
3,042, 713
8,114,620
2,263, 288
20,058,362

2,305
11,533
38,404
39,008
40,181
119,754
170,818
376,585
100,365
635,696

808
6,359
26,837
34,808
38,559
122,478
204,012
422,979
115,417
969, 535

1,449
65,100
333,547
431,842
488,453
1,595,941
2,658,607
7,283,835
2,036,591
18,179,042

13,877,104

36,885,080

1, 534,649

1,941, 792

i

33,074,407

9

TABLE N O . 19.—Principal items of assets and liabilities of national banks, classified according to deposits, June 29, 1940—Continued
DEPOSITS OF $100,000 AND UNDER
[In thousands of dollars]
Loans and investments

Number
of banks

Location

Massachusetts .
Rhode Island

-

.

- _ _ . . . . .

Total Southern States __..

--_

Total Middle Western States
North D a k o t a - . - . . . _ _
Nebraska
Kansas.
_ _ __
Montana
Oklahoma
Total Western States
Grand total




Capital
stock

Surplus,
profits,
and reserves

Total
deposits

.-

. ._

1
1

97
128

58
86

16
25

23
17

24
31

125
161

25
100

22
36

78
25

225

144

41

40

55

286

125

58

103

1
1
9

93
71
738

69
39
652

21
37

3
32
49

30
21
240

126
128
1,012

25
50
230

4
10
117

97
67
632

11

- ---

Texas
Ohio
Illinois

Total
assets

2

~

Total New England States
Virginia

Total

Cash, balances with
other banks,
Loans and U. S. Govincluding
discounts,
Other
ernment
reserves
including obligations- bonds and with Fedrediscounts direct and securities
eral Reand overguaranteed
serve banks
drafts

902

760

58

84

291

1,266

305

131

796

1
1

90
2,003

35

2T

16
438

106
2,453

25
1,500

6
533

75

1,949

32
54

2

2,093

35

1,972

86

454

2,559

1,525

539

75

1
2
1

37
93
68
130

9
53
65
2
2

7
7
112
3
7

48
44
64
10
110

113
211
242
90
255

25
50
200
25
50

1
12
43
3
21

87
149

1
2

53
153
177
73
139

7

595

328

131

136

276

911

350

80

475

22

3,815

1,267

2,202

346

1,076

5,022

2,305

808

1,449

54
185

o
o

a

CO

TABLE NO. 19.—Principal items of assets and liabilities of national banks classified according to deposits, June 29, 1940—Continued
DEPOSITS OF $100,001 TO $250,000
[In thousands of dollars]
Loans and investments
Number
of banks

Location

New Hampshire
Vermont
Massachusetts
Connecticut..

.
__

New York
New Jersey
Pennsylvania

_,_

Total Eastern S t a t e s . .

_

.
_

Total Southern States
Ohio
Indiana _
Illinois
Michigan
Wisconsin




_.

784
572
337
389

526
391
105
196

2,082

14
1
26

2,612
143
5,626

41

.

4
3
2
2
11

_

Total New England States

Virginia
West Virginia
Georgia
Florida
Alabama .
Louisiana
Texas
Arkansas
Kentucky
Tennessee.-.

Total

Loans and
discounts
including
rediscounts
and overdrafts

4
4
2
1
5
1
74
5
5
4

Cash, balances with
other banks,
including
U. S. GovOther
reserves
ernment
obligations- bonds and with Fedsecurities
eral Redirect and
serve banks
guaranteed
273
163
172
211

Total
assets

1,090
748
515
612

Capital
stock

215
125
75
100

Surplus,
profits,
and reserves

684
526
353
424

80
42
139
97

178
139
93
96

1,218

358

506

819

2,965

515

441

1,987

1,404
129
3,243

481
10
904

727
4
1,479

947
78
1,389

3,687
259
7,360

463
50
1,039

341
11
595

2,844
198
5,673

8,381

4,776

1,395

2,210

2,414

11,306

1,552

947

8,715

826
868
342
158
815
232
11,545
652
962
723

580
540
217
83
602
229
8,975
302
717
586

144
198
93
57
57
1,092
139
129
18

102
130
32
18
156
3
1,478
211
116
119

300
265
223
119
351
34
5,116
583
313
185

1,172
1,187
597
284
1,208
272
17,236
1,286
1,308
934

174
160
75
25
165
50
2,630
185
175
140

79
91
67
34
126
20
1,650
92
114
66

919
936
455
225
878
181
12,868
1,009
1,019
726

105

17,123

12,831

1,927

2,365

7,489

25,484

3,779

2,339

19,216

8
7
11
1
3

1,637
1,182
1,648
33
508

1,021
858
820
32
374

180
248
423

436
76
405
1
55

420
444
771
94
200

2,093
1,663
2,511
154
742

255
175
335
36
110

177
104
134

1,659
1,384
2,042
117
608

79

178
95
83
85

Total
deposits

24

5
3
10

North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado .
- .
New Mexico
Oklahoma.._
Total Western States.
Oregon _
_
California
Utah
.
.
Total Pacific States-Grand total--




.
-

—
_.

_

470
299
1,203

212
122
286

183
166
109

281
203
610

8,058

5,077

1,550

1,431

3,023

8
7
28
41
3
1
8
2
40

992
1,098
4,402
5,871
332
124
1,280
221
5,767

685
689
2,860
3,988
256
82
888
188
3,806

215
157
1,146
1,325
49
41
239
28
959

92
252
396
558
27
1
153
5
1,002

561
464
1,954
2,865
207
132
499
136
2,834

138

20,087

13, 442

4,159

2,486

2
3
1

.

865
587
1,598

48

Minnesota
lows
Missouri.
Total Middle Western States.

350
489
249

256
428
165

72
51
57

22
10
27

1,192
815
2,289

143
100
357

54
52
128

994
663
1,767

11,459

1,511

673

9,234

1,638
1,604
6,567
8,993
588
261
1,827
374
8,747

243
218
977
1,153
90
25
215
50
1,030

114
67
409
519
10
25
99
15
590

1,281
1,319
5,158
7 312
488
211
1,513
308
7,090

9,652

30, 599

4,001

1,848

24,680

113
261
49

473
785
304

50
100
25

33
40
38

390
639
239

6

1,088

849

180

59

423

1,562

175

111

1,268

349

56,819

38,193

9,569

9,057

23,820

83, 375

11,533

6,359

if

65,100

3
o
d

to
Ox

TABLE N O . 19.—Principal items of assets and liabilities of national banks, classified according to deposits, June 29, 19J+0—Continued
DEPOSITS OF $250,001 TO $500,000
[ID thousands of dollars]
Loans and investments
Location

Number
of banks

Maine
New Hampshire
Vermont
Massachusetts
Connecticut

3,664
2,619
3,581
1,418

Total New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
Total Eastern States.

11,750

Total Southern States




269
2,338
1,583
1,422

44
412
267
749
351

6,421

155
914

Total

Capital
stock

Surplus,
profits,
and re-

Total
deposits

801
3,828
2,655
3,611
1,360

1,410
258

510
1,253
918
1,308
585

990
5,056
3,668
4,965
2,047

75
714
532
693
395

1,823

3,506

4,574

16, 726

2,409

2,017

12,255

5,853
885

2,032
199
4,145
104
289

24,319
4,311
39,461
1,570
3,391

769

113
492
479
644

64
11
102
4

21,852
3,736
36,550
1,347
2,882

12,146
2,193
19, 791
898
1,390

3,853
658
6,314
180
835

10,445

269
657

7,129
1,166
9,948
403
1,078

29,822
5,102
48,661
1,913
4,017

3,296
587
4,967
238
335

189

66,367

36,418

11,840

18,109

19, 724

89, 515

9,423

7,237
4,069
1,210
692
4,276
562
3,627
26,859
2,425
6,202
4,554

5,436
2,267
782
472
242
2,768
17,135
1,552
4,185
3,068

1,095
822
218
95
646
261
273
3,862
209
977
478

706
980
210
125
731
59
586
5,862
664
1,040
1,008

2,414
1,742
575
520
2,210
340
1,865
15, 524
1,845
2,085
2,053

9,988
6,074
1,835
1,226
6,735
925
5,719
43,536
4,365
8,522

949
665
150
100
755
100
535
t,459
413
835
577

557
260
120
87
571
58
485
3,476
206
780
348

8,421
5,138
1,560
1,040
5,356
766
4,652
35,409
3,732
6,902

61, 713

40,806

11,971

31,173

95,814

9,538

6,948

6,511
14, 743
2,718

5,228
4,034
8,997
1,406

2,665
926
2,749
524

3,444
2,830
8,027
864

13,448
9,580
23,323
3,708

1,290
735
2,044
385

978
594
1,214
153

78,939
:
11,141
8,243
20,043
3,167

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Texas
Arkansas
Kentucky
Tennessee

Ohio
Indiana
Illinois
Michigan

Total

Loans and
discounts,
including
rediscounts
and overdrafts

Cash, balances with
other banks,
including
U. S. GovOther
reserves
ernment
with Fedobligations- bonds and
securities
eral Redirect and
serve banks
guaranteed

211

1,798
1,551
2,997
788

73,052

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

_

___

Total Pacific States
Grand total




_..,...

_ _ ..

2,034
8,987
3,716
2,901

868
3,045
854
993

746
2,814
424
533

1,458
4,725
2,040
1,974

5,257
20,140
7,148
6,550

495
1,635
545
625

207
862
455
416

4,551
17,616
6,142
5,480

61,578

37, 303

12,894

11,381

25,362

89,154

7,754

4,879

76,383

14
17
40
51
13
3
15
4
66

3,584
4,597
11,671
15,302
2,984
976
4,300
1,148
16,952

1,933
2,619
7,734
10,009
1,840
642
2,754
796
10,197

986
958
2,921
3,905
506
217
980
183
2,968

665
1,020
1,016
1,388
638
117
566
169
3,787

1,883
2,181
5,633
6,479
1,974
605
2,688
543
9,430

5,670
6,959
17,685
22,240
5,135
1,649
7,062
1,716
26,950

455
569
1,739
1,993
481
155
522
125
2,094

274
350
1,058
1,467
220
100
432
108
1,506

4,929
5,999
14,743
18,699
4,433
1,376
6,032
1,484
23,327

223

- .--

3,648
14,846
4,994
4,427

198

- -

11
45
16
14

61,514

38, 524

13,624

9,366

31,416

95,066

8,133

5,515

81,022

7
4
12
5
3

2,285
1,015
3,559
1,231
952

1,297
651
2,493
902
802

396
163
363
187
127

592
201
703
142
23

925
590
1,660
663
396

3,285
1,666
5,493
1,976
1,388

247
125
490
185
100

161
83
277
65
123

2,869
1,456
4,688
1,723
1,160

31

9,042

6,145

1,236

1,661

4,234

13,808

1,147

709

11,896

885

271,964

165,617

50,353

55,994

116,483

400, 083

38,404

26,837

333, 547

a
o
el

TABLE NO. 19.—Principal items of assets and liabilities of national banks, classified according to deposits, June 29, 1940—Continued
00

DEPOSITS OF $500,001 TO $750,000
fin thousands of dollars]
Loans and investments

Number
of banks

Location

Total

Maine
New Hampshire
Vermont..
Massachusetts
Rhode Island
Connecticut

746
4,190
4,540
5,401
474
?,607

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

32

485
2,726
2,677
2,933
263
1,025

120
666
857
1,144
71

141
798
1.006
1,324
140

Total

Capital
stock

Surplus,
profits,
and reserves

115
1,752
1,144
2,174
358
1,005

6,274
5,841
7,788
855
3,743

150
625
652
775
120
351

117
708
387
782
82
797

Total
deposits

581
4,879
4,765
6,192
633
2,577

10,109

3,552

4,297

6,548

25,391

2,673

2,873

19,627

15,646
4,848
24,104
1,277
2,483

5,724
2,701
8,012
215
1,296

8,085
3,508
13,465
708
1,651

10,267
3,640
13,200
926
1,712

40,931
15,203
61,287
3,211
7,337

3,846
1,345
4,844
275

3,344
869
5,107
356

33,611
12,966
51,244
2,578
6,236

93,723

48,358

17,948

27,417

29,745

127,969

10,876

10,208

106,635

11,198
5,379
522
758
4,547
2,711
3,043
966
1,663

170

17,958
29,455
11,057
45,581
2,200
5,430

_

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

Cash, balances with
other banks,
Loans and
including
discounts, U. S. GovOther
ernment
including obligations- bonds and with Fedrediscounts
direct and
securities
eral Reand overguaranteed
serve banks
drafts

7,820
3,505
318
286
3,287
1,670
2,512
373
588
17,237
3,643
3,763
3,102

1,805
921
28
170
778
563
305
133
189
4,349
601
1,322
283

1,573
953
176
302
482
478
226
460
886
7,372
1,248
1,135
1,504

3,030
2,000
296
702
1,696
1,981
1,136
506
537
17,816
2,792
2,602
1,953

14,862
7,699
838
1,502
6,413
5,024
4,314
1,539

393
51
128
595
378
271
123
109

48,052
8,520
9,204
7,080

1,113
784
100
100
652
393
325
140
150
3,675
614
815

12,686
6,519
683
1,274
5,147
4,181
3,714
1,272
2,023

584
553
465

40,475
7,312
7,834
6,020

48,104

11,447

16,795

37,047

117,335

8,382

99,140

5,492
6,220

_.

Total Southern States




160

76,346

Ohio
Indiana
Illinois
Michigan
Wisconsin.
Minnesota
Iowa
Missouri..

38
12
41
10
12
38
21
10

_
_

......

Total Western States
Washington
Oregon
California.
Idaho
Utah..
Nevada
Total Pacific States
Grand totaL.




...

11,538
3,756
10,764
2,263
3,211
10,310
7,263
2,596

$,960
I
,093
i,005
,376
],303
5,180
,504
L,042

4,177
1,236
3,703
1,234
1,137
4,349
1,459
648

7,134
2,488
9,658
1,962
2,491
5,825
4,352
1,995

27,530
8,779
28,743
7,034
8,347
26, 342
14,829
6,446

2,013
645
1,901
505
520
1,578
985
559

1,722
519
1,306
328
410
1,148
723
319

23,770
7,605
25,521
6,199
7,399
23,555
13,083
5,564

182

89,107

51,701

19,463

17,943

35,905

128,050

8,706

6,475

112, 696

4
4
21
29
8
8
16
3
28

1,741
1,894
8,617
12,745
3,406
3,969
6,204
1,155
12,263

955
1,210
5,118
6,972
1,482
2,555
3,824
840
6,753

500
379
2,296
3,532
1,173
1,074
1,244
254
2,015

286
305
1,203
2,241
751
340
1,136
61
3,495

804
825
6,193
7,394
2,525
1,710
4,742
777
7,150

2,664
2,786
15,060
20,596
6,159
5,761
11,148
1,982
19, 708

200
175
955
1,499
415
360
795
130
1,227

107
99
1,291
1,042
381
418
611
124
1,369

2,351
2,509
12, 797
18,045
5,357
4,920
9,734
1,728
17,068

121

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

19,675
6,085
18,472
4,873
5,651
19,839
10,226
4,286

51,994

29, 709

12,467

9,818

32,120

85,864

5,756

5,442

74,509

9
6
12
2
1
1

4,139
2,386
5,843
958
538
300

2,206
1,250
3,535
712
366
58

1,413
611
1,019
177
119
216

520
525
1,289
69
53
26

2,409
1,449
2,666
475
149
276

6,660
4,022
8,812
1,460
715
583

460
225
698
65
50
50

450
287
538
97
38
18

5,744
3,505
7,551
1,295
626
514

31

14,164

8,127

3,555

2,482

7,424

22,252

1,548

1,428

19,235

696

343,292

196,108

68,432

78, 752

148,789

506,861

39,008

34,808

n

431,842

to
CO

TABLE N O . 19.—Principal items of assets and liabilities of national banks, classified according to deposits, June 29, 1940—Continued
[In thousands of dollars]
Loans and investments
Number
of banks

Location

Maine New Hampshire
Vermont
Massachusetts
Rhode Island . .
Connecticut

.. _

Capital
stock

Surplus,
profits,
and reserves

Total
deposits

Total Eastern States

.

...

24,681

14,434

3,687

6,560

11,423

37, 050

3,289

3,740

3,363
6,827
2,684
10,843
1,786
4,390
29,893

39,967
16,866
62,325
1,368
6,254

19,421
7,477
31,487
664
3,095

9,575
4,012
11,882
266
1,608

10, 971
5,377
18,956
438
1,551

14,397
6,164
20,358
651
1,861

55,928
23,930
85,913
2,174
8,419

4,649
1,984
6,564
175
435

4,021
1,382
6,745
270
711

47,122
20, 525
72,498
1,727
7,266

171

New York
New Jersey .
Pennsylvania
Delaware
Maryland. _.




Total
assets

54
23
84
2
8

...

Total New England States

Total Southern States

Cash, balances with
other banks,
including
U. S. Govreserves
Other
ernment
with Fedobligations- bonds and
eral Resecurities
direct and
serve banks
guaranteed

34

__ .

.

- - -

Virginia
West Virginia
. . .
North Carolina
South Carolina
Georgia
.. . .
Florida
Alabama
-_ .
Mississippi_ .. _ _
Louisiana
Texas. .
__ .
Arkansas. ._ _ . . . . _ . . . _
Kentucky
Tennessee

Total

Loans and
discounts,
including
rediscounts
and overdrafts

126,780

62,144

27,343

37,293

43,431

176,364

13,807

13,129

149,138

15
9
2
4
4
2
10
1
3
43
3
16
9

10,303
6,150
1,474
2,878
2,461
1,126
6,517
686
1,429
25,151
1,764
12,291
6,197

6,987
3,977
685
1,167
1,913
750
4,388
163
693
15,139
1,088
8,199
4,830

1,788
1,318
97
742
289
72
972
84
339
4,334
207
2,146
383

1,528
855
692
969
259
304
1,157
439
397
5,678
469
1,946
984

4,039
2,497
578
1,023
1,349
819
3,356
343
1,459
17, 797
1,292
4,604
2,752

15,005
8,940
2,088
3,973
3,861
2,028
10,174
1,033
2,963
43, 798
3,125
17,304
9,255

1,203
586
135
250
350
125
725
50
175
3,100
200
1,445
505

896
502
224
201
262
166
999
48
140
3,292
163
1,492
656

12,876
7,839
1,711
3,470
3,242
1,735
8,448
935
2,638
37,334
2,761
14,248
8,028

121

78,427

49,979

12,771

15,677

41,908

123, 547

8,849

9,041

105,265

4
8
3
12
2
5

3,010
5,610
2,314
8,310
1,552
3,885

995
3,294
1,100
5,675
1,005
2,365

641
940
350
864
117
775

1,374
1,376
864
1,771
430
745

CO

o

DEPOSITS OF $750,001 TO $1,000,000

1,157
2,685
900
4,487
775
1,419

4,268
8,587
3,264
13,117
2,328
5,486

400
775
300
1,059
200
555

445
967
277
1,179
338
534

Ohio
Indiana Illinois
MichiganWisconsin
Minnesota
Iowa
Missouri

,--

Total Middle Western States
North Dakota
South Dakota .
Nebraska
- _- -

.

_

_

_ _ - . - - _
- -

Total Western States
Washington
Oregon
California
Idaho
Utah

_, . . _ . .
.__

.-.
-.

Nevada
Arizona
Total Pacific States

1,981
896
2,206
275
482
1,218
752
365

24,757
14,314
40, 626
5,036
9,519
21, 780
14,504
5,351

44,094

153,727

9,470

8,175

135,887

323
49
639
911
70
164
883
25
3,388

937
218
3,761
4,545
338
729
2,177
491
4,983

2,886
1,010
10,100
10,842
827
1,838
5,139
1,074
13,420

251
50
575
760
50
75
385
50
725

101
119
623
528
15
170
187
49
826

2,529
835
8,896
9,547
761
1,590
4,567
975
11,861

6,559

6,452

18,179

47,136

2,921

2,618

41,561

355
372
1,774
704
248
196
25

619
186
2,508
768
130
88
242

1,376
806
3,946
1,094
939
457
231

5,091
1,827
15,342
3,834
2,242
1,111
1,019

285
100
1,085
190
100
60
25

276
80
997
198
187
58
60

4,528
1,638
13,217
3,446
1,953
993
934

.

Grand total




-

-

„

11,401
5,468
14,829
1,597
3,504
8,784
7,150
2,149

4,953
3,783
6,629
989
1,308
4,542
2,214
1,384

4,493
2,029
6,618
1,334
2.586
5,146
1,928
784

105,602

54,882

25,802

24,918

3
1
10
11
1
2
5
1
14

1,826
750
6,230
6,026
484
1,096
2,873
567
8,260

965
512
4,089
3,512
209
699
1,497
394
3,224

538
189
1,502
1,603
205
233
493
148
1,648

48

.

..

2,095
977
2,680
338
727
1,332
941
380

20,847
11,280
28,076
3,920
7,398
18,472
U, 292
4,317

156

-_
.

Montana
Wyoming
Colorado
New Mexico
Oklahoma

28, 875
16,218
45,547
5,665
10,735
24,381
16,210
6,096

28
16
47
6
11
25
17
6

28,112

15,101

5
2
15
4
2
1
1

3,594
986
10,940
2,672
1,234
619
782

2,620
428
6,658
1,200
856
335
515

7,177
4,492
16, 517
1,599
2,912
5,180
4,607
1,610

30

20,827

12,612

3,674

4,541

8,849

30, 466

1,845

1,856

26, 709

560

384,429

209,152

79,836

95, 441

167, 884

568,290

40,181

38,559

488,453

1

HI.

w

CO

TABLE NO. 19.—Principal items of assets and liabilities of national banks, classified according to deposits, June , 9, 1940—Continued
[In thousands of dollars]
Loans and investments

Location

Number
of banks
Total

Maine...
New Hampshire
Vermont
Massachusetts
Connecticut
Total New England States
New York..
New Jersey
Pennsylvania
Delaware
Maryland
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas, __
Arkansas
Kentucky
Tennessee
Total Southern States




Loans and
discounts,
including
rediscounts
and overdrafts

U. S. GovOther
ernment
obligations- bonds and
securities
direct and
guaranteed

11,630
12,246
12,358
41,546
8,725

4,251
6,902
6,976
20,046
5,874

3,864
2,542
2,844
11,077
1,435

3,515
2,bO2
2,538
10,423
1,416

Cash, balances with
other banks,
including
reserves
with Federal Reserve banks

Total

3,858
4,702
3,518
15,880
4,456

15,764
17,466
16,215
59,372
13,746

Capital
stock

1,104
1,309
1,135
4,247
1,025

Surplus,
profits,
and re-

Total
deposits

1,096
1,421
1,325
4,902
981

13,554
14,697
13,727
49,972
11,684

72

86,505

44,049

21,762

20,694

32,414

122,563

8,820

9,725

103,634

~106~
70
172
2
18

124,576
77,960
207,221
3,534
21,148

58,058
36,829
98,257
1,676
11.368

33,679
19,974
45,438
467
4,529

32,839
21,157
63,526
1,391
5,251

46,204
35,208
70,223
1,267
7,524

177,373
118,001
290,057
4,871
29,407

13,820
8,493
21,730
400
1,720

11,670
6,716
24,876
691
1,966

150,946
102,503
243,088
3,779
25,705

368

434,459

206,188

104,087

124,164

160,426

619,709

46,163

45, 919

526.021

36,581
13,738
1,807
9,525
15,236
12,189
8,952
6,854
59,840
8,297
23,697
14,899

24,811
11,489
7,529
1,054
7,141
5,638
7,978
3,865
3,613
33,310
4,658
14,094
10,173

6,239
4,724
3,023
355
960
6,048
1,409
1,103
906
10,409
1,397
5,238
1,702

5,531
2,770
3,186
398
1,424
3,550
2,802
3,984
2,335
16,121
2,242
4,365
3,024

13,036
8,533
8,867
1,096
5,286
11,210
6,593
6,330
4,717
41,826
5,650
9,839
7,768

51,649
28,849
23,505
2,968
15,209
27,270
19,526
15,797
11,805
104,543
14,139
34,667
23,602

3,270
1,932
1,607
200
1,150
1,640
1,345
1,077
610
6,333
825
2,239
1,801

3,906
1,764
1,525
141
1,388
1,475
1,977
585
697
6,697
1,219
2,796
1,136

44,366
25,120
20,316
2,626
12,626
24,009
16,122
14,102
10,483
91,334
12,057
29,513
20,616

230,598

135,353

43,513

51,732

130,751

373,529

24,029

25,306

323,290

15

CO

to

DEPOSITS OF $1,000,001 TO $2,000,000

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

64
34
63
19
23
43
32
13

74,107
34,591
61,199
20,040
24,202
48, 564
33,714
13,234

34, 767
15, 749
30,164
9,669
9,439
22,405
21, 719
6,163

18,620
10,325
15,031
5,469
7,511
14,383
5,445
4,818

20,720
8,517
16,004
4,902
7,252
11,776
6,550
2,253

28,178
18,299
38,935
8,831
12,121
18,273
14,125
7,052

104,463
54,410
102,390
29,445
37,149
68,301
48, 701
20, 732

7,020
3,080
5,679
1,583
1,995
3,485
2,368
1,117

7,620
3,264
5,143
1,424
2,224
3,338
2,565
1,072

89,702
47,900
91,441
26,403
32,889
61,296
43,745
18,496

291

309,651

150,075

81,602

77,974

145,814

465,591

26, 327

26,650

411,872

10
4
17
23
5
6
17
7
30

9,975
3,681
16,247
21,545
4,961
8,077
14,589
6,688
28,455

4,665
2,211
9,409
10,833
1,717
4,496
8,625
3,578
14,711

3,439
786
3,995
6,544
2,267
1,644
3,254
1,795
4,465

1,871
684
2,843
4,168
977
1,937
2,710
1,315
9,279

4,293
1,833
10,652
12,983
2,389
3,649
11,023
3,906
18,016

14,862
5,658
27,323
35,448
7,514
11, 931
26, 078
10,761
47,209

890
345
1,403
2,041
450
650
1,519
400
2,400

633
211
1,604
1,825
324
930
1,226
534
3,189

13,291
5,102
24,293
31,546
6,707
10,313
23,266
9,814
41, 549

119

114,218

60,245

28,189

25,784

68, 744

186, 784

10,098

10,476

165,881

6
7
22
2
2
2
1

6.924
6,555
23,273
2,664
2,034
1,602
694

4,532
2,598
15,750
1,567
1,593
909
461

1,325
1,936
2,854
345
199
154
152

1,067
2,021
4,669
752
242
539
81

2,542
3,263
11,639
1,070
848
1,527
519

9,624
10,152
36,210
3,811
3,001
3,150
1,224

470
430
2,454
215
198
150
50

508
489
2,407
196
107
242
28

8,614
9,228
31,093
3,396
2,693
2,755
1,133

42

43,746

27,410

6,965

9,371

21,408

67,172

3,967

3,977

58,912

Alaska (nonmember banks)
Virgin Islands of the United States (nonmember
bank)

3

3,391

2,097

893

401

1,971

5,503

200

342

4,954

1

976

581

127

268

608

1,615

150

83

1,377

Total possessions (nonmember banks)

4

4,367

2,678

1,020

669

2,579

7,118

350

425

6,331

1,134

1,223,524

625,998

287,138

310,388

562,136

1,842,466

119,754

122,478

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

Grand total




n

pa

o

1,595, 941

CO
CO

TABLE N O . 19.—Principal items of assets and liabilities of national banks ^classified according to deposits, June 29, 1940—Continued

CO

DEPOSITS OF $2,000,001 TO $5,000,000
[In thousands of dollars]
Loans and investments
Location

Number
of banks

Total

Loans and
discounts,
including
rediscounts
drafts

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

13
8
9
31
2
17

26,371
18,273
20,907
78,448
4,554
44,529

12,226
8,220
11,480
43,989
2,221
25,385

Cash, balances with
other banks,
including

U. S. Govreserves
Other
ernment
obligations- bonds and with Fedsecurities
direct and
eral Reserve banks
guaranteed
• 7,492
5,303
3,760
20,234
927
9,571

6,653
4,750
5,667
14,225
1,406
9,573

14,681
8,641
9,397
36,061
3,738
19, 869

1

Total
assets

Capital
stock

Surplus,
profits,
and reserves

O

Total
deposits

H
O

H
41,851
27,646
30,942
118,843
8,384
66,533

2,405
1,521
1,764
8,378
650
4,492

3,235
2,519
1,945
6,804
1,010
3,847

m

36,155
23,503

fK

27,121
103,218
6,686
57,831
254,514

c5
g
g
3
§

80

193,082

103,521

47,287

42,274

92,387

294,199

19, 210

19,360

82
63
152
2
9
1

208, 571
145,692
381, 227
4,757
24,119
1,785

93,210
62,447
168, 785
2,415
10,806
697

65, 569
50, 519
96, 510
405
7,855
861

49, 792
32,726
115,932
1,937
5,458
227

77,886
63,310
141,632
1,788
11,784
1,278

296,637
218,457
546,293
6,879
36,968
3,112

20,504
12,893
31,938
460
1,597
200

17,806
13, 215
51,564
1,407
2,891
217

256,894
191,554
461,542
4,980

f1
M
#
.

32,413

g

Total Eastern States

309

766,151

338,360

221, 719

206,072

297,678

1,108,346

67, 592

87,100

950,077

^

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
.
Alabama
Mississippi
Louisiana
Texas..—"."""."-""""""""];
Arkansas
Kentucky
Tennessee

24
14
16
6
9
11
13
7
5
41
5
14
8

56, 314
31,043
30,898
13,203
18,012
19,841
26, 636
15,509
8,300
79,819
7,995
25, 514
14,624

41,280
18,145
20,355
8,168
13,323
6,981
15,275
8,914
4,373
42,036
5,104
14,062
9,550

8,156
7,241
5,652
2,194
2,006
8,484
4,257
816
1,191
15,899
979
6,603
1,445

6,878
5,657
4,891
2,841
2,683
4,376
7,104
5,779
2,736
21,884
1,912
4,849
3,629

26,443
17,120
19,823
9,830
9,500
14,430
17,876
10,647
6,536
65,414
7,391
15, 005
9,689

86,014
50,232
52,107
23,456
28,594
35,101
46,404
27, 346
15,432
149, 504
15,867
41, 254
25, 903

5,580
3,030
2,850
1,225
1,520
1,575
3,174
1,808
813
7,300
1,000
2,401
1,787

7,326
3,169
3,537
1,680
1,843
1,727
3,404
1,212
829
9,505
655
3,229
954

72,789
43,921

H
*

45,556
20,454
25,101
31.707
39,446
24,257
13,770

132,354
14,198
35,527
23,121

9
2
S
g
g
£
9

207, 566

64,923

75, 219

229, 704

597,214

34,063

39,070

522,201

New York
New Jersey
Pennsylvania
Delaware.
Maryland
District of Columbia

Total Southern States




173

347,70S

2,694

^

^

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
Nevada
Arizona
Total Pacific States
Alaska (nonmember bank)
Grand total




44
15
58
17
27
17
6
13

102,996
37, 697
122,291
40,076
50,623
38,033
12,425
31,282

46,801
15, 217
52,607
15,666
18,047
13, 742
7,483
13,818

24,926
13,682
37,030
12,334
15,195
15,518
2,157
9,545

31,269
8,798
32,654
12,076
17,381
8,773
2,785
7,919

45,019
17, 251
78,890
17, 364
25,852
14,604
7,254
12,188

152,093
56,498
205,537
58,218
78,260
53,962
20,061
44, 597

8,385
2,838
9,511
2,334
3,915
2,250
860
2,345

10, 255
2,888
10,049
3,115
4,154
3,044
822
2,469

133,029
50, 666
185,497
52, 594
70,066
48, 505
18, 340
39, 708

197

435,423

183,381

130,387

121,655

218,422

669, 226

32, 438

36,796

598, 405

6
4
9
19
9
3
9
2
19

12,812
8,925
16,962
31,774
19,052
6,518
15,051
5,004
37,025

5,723
4,997
9,565
15,057
7,506
4,600
7,435
2,847
18,655

5,217
2,659
4,646
9,573
9,367
1,203
5,021
1,494
7,121

1,872
1,269
2,751
7,144
2,179

663
11, 249

7,014
3,240
9,023
25, 702
14,183
4,476
10, 372
3,355
29, 698

20,482
12, 618
26,602
59,007
34,380
11,356
25, 880
8,438
68,319

985
700
1,220
3,195
1,550
440
1,238
300
3,125

1,032
632
1,527
3,337
1,489
797
1,173
384
4,766

18,374
11,227
23,799
52,390
31,230
10,081
23,446
7,754
60,198

80

153,123

76,385

46,301

30,437

107,063

267,082

12, 753

15,137

238,499

6
3
17
3
1
1

11, 714
5,891
39,518
5,295
1,992
1,391

5,732
3,118
24,366
2,299
804
686

3,926
1,462
9,500
1,816
791
636

2,056
1,311
5,652
1,180
397
69

6,684
2,484
16, 769
5,774
683
2,316

19,099
8,646
57,814
11, 260
2,728
3,759

750
450
2,822
440
100
100

1,212
514
3,878
421
168
105

17,093
7,671
50,802
10,371
2,459
3,527

31

65,801

37,005

18,131

10, 665

34, 710

103,306

4,662

6,298

91,923

1

1,542

835

420

287

1,633

3,340

100

251

2,988

871

1,962,830

947, 053

529,168

486, 609

981, 597

170, 818

204,012

2,658,607

715
2,595

3, 042, 713

Q
H

w
a
q
fa
d

TABLE N O . 19.—Principal items of assets and liabilities of national banks, classified according to deposits, June 29', 1940—Continued

CO

o

DEPOSITS OF $5,000,001 TO $50,000,000
[In thousands of dollars]
Loans and investments

Location

Number
of banks

Loans and
Total

rediscounts
drafts

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




Total
assets

7,039

rf>

15,826
3,925
10,410

18,907
4,896
10, 111

253,618
39,517
155,784

^
S
3

628,481

36,061

41,489

546,949

§

518,997
481,044
739, 641
6,010
113,676
116, 314

28,382
28,260
42,800

29,347
22,577
65,041

f1
fel
#

5,034
4,500
109,179

4,738
6,494
128,931

458,444
428,862
629,567
5,069
103,681
104,870
1,730,493

N

9,415
4,662
1,800
3,650
2,475
8,350
4,068
1,496
4,040
29,204
3,035
4,610
7,560

9,068
6,271
2,117
2,647
2,278
10,173
5,111
1,775
4,668
32,958
4,517
5,516
9,543

156,252
81,047
41,333
72,698
52,580
230,796
89,460
28,644
91,081
718,351
70,761
97,634
170,531

&
^
2
S
2
g
g
£
9
^

84, 365

96,642

1, 901,168

31,189
6,639
20,299

134,729

71,339

193,870

111, 959
122,986
167, 729

72,167
66,896
130,554

7,730
5,824

151,485
143,884
206, 726
2,867
42,064
47, 527

463,139

283,863

594, 553

1,975,682

32,299
13,911
5,222
6,294
7,217
57,198
13,321
2,933
16,409
151, 620
8,857
19,087
26,896

10,907
6,089
3,365
4,694
4,771
22, 725
17,609
7,610
9,509
55,660
13, 514
12,975
15,481

63,216
39,607
18,620
38, 635
23,131
116,450
33,474
12,844
43, 774
373,256
36,065
35, 601
84,497

175,491
92,363
45,456
79,171
57, 535
249,911
98,986
31,988
100,686
783,163
78,642
108,204
188, 252

361,264

184,909

919,170

2,089,848

49

416,222

210,154

49
34
64
1
9
7

351, 593
314,099
494,940
2,897
69, 703
63,903

167,467
124, 217
196,657
1,877
27, 667
32, 248

34, 306
25,831

164

1,297,135

550,133

10
8
4
4
3
12
6
4
6
44
7
6
8

106, 240
49,099
25, 923
38,686
33,445
125,886
59,974
18,118
54,174
389,168
41,037
69,697
98,567

63,034
29,099
17, 336
27, 698
21,457
45,963
29,044
7,575
28,256
181,888
18,666
37,635
56,190

122

1,110,014

563,841

328

469

692

§

s

60,657
6,032
41,501

334

H

71,291
19,700

24,629
6,621
2,711
89,510
12,753
57, 646

22,961
8,853
4,581
100,227
21,795
51,737

Total
deposits

4,858
2,133

9,415
3,328

54,776
15,986
5,384
192,073
34,466
113, 537

Capital
stock

Surplus,
profits,
and reserves

4,300
1,000

80,699
22,887
8,276
290, 536
48, 675
177,408

22,400
3,805

7
3
1
22
5
11

1

Cash, bal-

other banks,
including
U. S. Govreserves
Other
ernment
with Fedobligations— bonds and
eral Resecurities
direct and
serve banks
guaranteed

600

203

584

734

^
o

Q
^

Ohio
Indiana Illinois
Michigan.
g> Wisconsin
M Minnesota
05
Iowa
2_! Missouri
i_

26
19
51
19
15
12
11
16

212,819
168, 716
336, 360
129, 386
120,108
96, 733
114, 050
118,934

91,092
78,444
146,845
51,950
37, 346
43,152
60, 687
66,975

69, 665
60,005
123, 760
46, 577
49,812
37,112
29,103
31, 590

52,062
30,267
65, 755
30,859
32,950
16, 469
24, 260
20,369

122, 570
110, 733
282,903
71, 364
79,109
64, 500
50,028
83, 379

349,497
286, 517
629, 543
208,642
204, 746
164,268
168, 692
205, 202

18,449
12,146
21,001
, 10,708
9,530
8,465
7,050
8,365

19,811
11,831
27,680
10,305
10,643
6,115
7,374
9,171

310,083
261, 533
578,912
186,670
183,845
149,098
153, 776
187,061

169

1, 297,106

576,491

447, 624

272,991

864, 586

2, 217,107

95, 714

102,930

2,010,978

1
4
8
7
3
3
7
3
7

4,785
23,888
114, 396
61, 348
16,840
11,763
85, 799
20,125
35, 267

2,846
15,452
48,988
27,332
3,821
5,473
32, 574
10,044
18,157

1,366
5,903
44,958
23,988
9,286
4,782
37, 656
8,092
6,805

573
4,533
20,450
10,028
3,733
1,508
15, 569
1, 989
10, 305

2,620
8,545
61, 627
48, 096
18,921
9,641
77, 216
8,922
40,186

7,776
35, 638
180, 619
112,274
36,450
21, 557
165, 354
29,576
76,933

500
2,260
7,654
4,209
1,500
850
4,710
1,025
3,350

210
1,077
7,678
4,638
1,620
933
10,128
903
3,248

7,053
32,054
164, 771
102,961
33,277
19, 705
149,875
27,638
70,181

43

376, 211

164,687

142, 836

68,688

275, 774

666,177

26,058

30,435

607,515

_ .

9
1
11
2
4
1
2

102,952
6,425
101,496
24,783
43,099
22,026
38,420

55, 791
2,671
62,151
10,449
21,076
11,026
22,645

35,332
2,434
19,916
12,940
17,465
8,657
10,498

11,829
1,320
19,429
1,394
4,558
2,343
5,277

55, 639
3,232
47,124
10,077
29,138
12,808
24, 281

162,893
9,779
153,879
35,498
75,027
35,681
64, 568

9,550
200
7,561
1,600
3,350
600
2,347

5,776
472
7,029
1, 341
3,949
1,516
2,469

146,723
9,046
138, 700
32,498
67,465
33,124
59,176

30

339,201

185,809

107, 242

46,150

182,299

537, 325

25,208

22, 552

486, 732

_ ..

577

4,835,889

2, 251,115

1, 656,834

927,940

3,030, 252

8,114,620

376, 585

422,979

7,283,835

_ __

Total Middle Western States.

North Dakota
South Dakota
H* Nebraska

_

_

° Kansas _.

Montana
Wyoming
Colorado
New Mexico
Oklahoma-.
Total Western States

Washington
Oregon
California
Idaho
Utah .
Nevada
Arizona

_____
______

_

Total Pacific States
Grand total

__




H

W

CO

TABLE NO. 19.—Principal items of assets and liabilities of national banksf classified according to deposits, June 29, 1940—Continued
DEPOSITS OF $50,000,001 TO $100,000,000
lln thousands of dollars]
Loans and investments

Number
of banks

Location

Rhode Island
Connecticut
Total New England States...
NewYork

New Jersey

--

•

-

Pennsylvania
Total Eastern States. _.

_ ._

1
1

37,548
54,043

2

91,591

1
2
3

41,145
70,248
139.947
251, 340

1
1
1
2
3
1
3

Total
assets

Capital
stock

Surplus,
profits,
and reserves

Total
deposits

20,692
13,236
33,928

15,064
21,246
36,310

1,792
19,561
21,353

65,112
97,003
162,115

2,500
4,000

66,780

17,234
21,820
76,162

15,884
42, 254
32,021

8,027
6,174
31,764

38,173
38, 385
62,127

80,580
112,155
213,100

115,216

90,159

45,965

138, 685

405,835

1,500
5,225
10,390
17,115

48.471
32,228
43,156
70, 730
113,346
44,183
129, 274

18, 422
9,979
23, 577
29, 908
65, 655
18, 303
80, 271

24,819
16,571
11,148
29,641
40,427
23,471
25, 654

5,230
5,678
8,431
11,181
7,264
2,409
23, 349

36, 928
27, 888
34, 509
54,428
106,078
25,486
80, 683

86,450
61,477
82, 200
126, 356
229,170
69, 755
215,976

3,000
3,000
8,300
5,400
10,950
1,000
10,850

12

481, 388

246,115

171, 731

63, 542

366,000

871, 384

42, 500

35,663

789,081

3
1
1

132,364
47, 073
47.488

60, 209
19,681
16. 513

44, 325
12, 911
21, 355

27, 830
14, 481
9,620

96, 403

78, 591

51, 931

258,402
73, 653
66, 479
398, 534

14,016
2,356
2,814

226, 925

116,851
26, 322
18, 547
161, 720

13,000
1,600
2,000

5

._

16, 600

19,186

230,291
69,161
61,518
360,970

1
S

21, 709
104.419

11, 796
56.644

8, 636
29, 245

1,277
18, 530

47, 370
91, 561

69, 337
201,186

1,500
10. 300

3,929
10,969

63, 757
179,451
243,208

6

Virginia . .
Florida
- - - -Alabama
-Louisiana
Texas
--- Kentucky
Tennessee..
Total Southern States..
Ohio
Illinois
Missouri.__-.Total Middle Western States

Total

Cash, balances with
other banks,
Loans and
including
U. S. Govdiscounts,
reserves
Other
ernment
including obligations- bonds and with Fedrediscounts direct and
eral Resecurities
and overserve banks
guaranteed
drafts

---

-

Colorado
- -.
-Oklahoma .-_-Total Western States

---

27,416
39,364

6,500

59,312
88,264

3,124
4,509
7,633

147,576

7,362
3,342
18,412

71,446
103,400
181,392

29,116

356,238

i,231
1,537
2,660
3,324
11, 295
3,123
9,493

78,986
56,868
70,944
116,377
205,908
65,215
194, 783

4

126,128

68,440

37,881

19, 807

138, 931

270,523

11, 800

14,898

Washington..

1

58,499

32. 484

18, 374

7,641

36, 418

96. 582

2,500

5,412

88,144

The Territory of Hawaii (nonmember bank)

1

40,544

19,456

15,480

5,608

15,887

58, 315

3,350

3,509

51,374

31

1,276,415

612.042

448, 526

215, 847

924, 421

2,263, 288

100, 365

115.417

2, 036, 591

Grand total




DEPOSITS OF $100,000,001 AND OVER
[In thousands of dollars]
Loans and investments

Number
of banks

Location

Massachusetts .
_ ._
New York.
_
_
Pennsylvania
Maryland.
District of Columbia
Total Eastern StatesGeorgia
_.
Louisiana
Texas
Total Southern States
Ohio.
Indiana
Illinois
Michigan
_ _
Wisconsin
Minnesota .
____-_.
Missouri
Total Middle Western States
Washington
Oregon
California
Total Pacific States
Grand total
-




Total

Cash, balances with
other banks,
Loans and
including
U. S. Govdiscounts,
reserves
ernment
Other
including obligations- bonds and with Fedrediscounts direct and
eral Resecurities
and overserve banks
guaranteed
drafts

Total
assets

Capital
stock

Surplus,
profits,
and reserves

Total
deposits

4

._

-

615, 711

349,933

208, 375

57,403

680, 084

1, 333, 294

42,813

94,924

1,177,114

5
6
1
1

4, 022, 359
897, 868
121, 175
72,945

1,109,021
213,822
12,185
23, 639

2, 223, 858
528, 825
108,000
41, 288

689, 480
155, 221
990
8,018

3, 060, 363
687, 855
120, 131
53, 349

7, 205, 780
1, 616,159
244, 078
129, 617

201, 770
41,161
4,000
4,000

353,904
105,977
7,118
5,887

6, 459, 323
1, 458, 4S7
232, 363
117, 504

13

5,114, 347

1, 358, 667

2,901, 971

853, 709

3, 921, 698

9, 195, 634

250,931

472, 886

8, 267, 677

2
1
1

150, 298
87, 727
70, 815

87,312
31, 396
47, 580

38, 545
44, 719
20, 555

24, 441
11,612
2.680

95, 540
63, 331
71, 729

253, 392
157,310
146,197

10,400
2,800
5,000

10, 446
7,691
10, 071

230, 789
146,163
130, 845

4

308, 840

166, 288

103, 819

38, 733

230, 600

556. 899

18, 200

28, 208

507, 797

2
1
3
o
1
3
2

206,143
95,887
1, 686, 582
405, 725
153, 335
276,193
216, 404

103, 320
15,298
460, 513
103, 510
35, 305
134,085
86, 407

74, 327
66,043
1, 075, 476
255, 503
96, 219
117,999
108, 334

28, 496
14, 546
150, 593
46, 712
21,811
24,109
21, 663

145,104
61, 924
1, 207, 313
297, 344
114, 249
188, 052
200, 437

358, 852
159, 210
2,930, 479
707,102
273, 249
474, 890
420, 826

21, 520
4,000
84,000
20, 462
15,000
18,350
12,200

9,981
9,060
113, 773
21,873
7,109
22, 212
13, 842

325, 846
145, 829
2, 721, 549
663, 640
250,399
427, 336
393, 299

14

3, 040, 269

938, 438

1, 793,901

307,930

2, 214, 423

5, 324, 608

175, 532

197,850

4,927,898

1
2
7

131, 288
187, 393
2, 327,677

63, 645
82, 542
1,173,169

51, 328
87, 756
832, 018

16, 315
17, 095
322,490

64,001
96, 579
713, 261

198, 449
290, 594
3,158, 884

8,000
7,500
132, 720

6,677
13,234
155. 756

183,057
268,481
2, 847,018

10

2, 646, 358

1, 319, 356

971,102

355,900

873, 841

3, 647,927

148, 220

175, 667

3, 298, 556

45

11, 725, 525

4,132,682

5,979, 168

1, 613, 675

7,920, 646

20, 058, 362

635,696

969, 535

18,179, 042

CO

140

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 20.—Foreign branches of American national banks, June 29, 1940
BANK OF AMERICA NATIONAL TRUST AND SAVINGS THE NATIONAL CITY BANK OF NEW YORK, N. Y.Continued:
ASSOCIATION, SAN FRANCISCO, CALIF.:

England:
London.

THE FIRST NATIONAL BANK OF BOSTON, MASS.:

Argentina:
Buenos Aires.
Cuba:
Habana.

THE CHASE NATIONAL BANK OF THE CITY OF
NEW YORK, N. Y.:

Canal Zone:
Balboa.
Cristobal.
Cuba:
Habana.
England:
London (Berkeley Square).
London (Bush House, Aldwych).
London (Lombard).
Panama (Republic of):
Colon.
Panama City.
Puerto Rico:
San Juan.

THE NATIONAL CITY BANK OF NEW YOTIK, N. Y.:

Cuba:
Caibarien.
Cardenas.
Habana.
Habana (Cuatro Caminos).
Habana (Galiano).
Habana (La Lonja).
Manzanillo.
Matanzas.
Santiago de Cuba (Oriente).
Dominican Republic:
Barahona.
La Vega.
Puerto Plata.
San Pedro de Macoris.
Santiago de los Caballeros.
Santo Domingo (Ciudad Trujillo).
England:
London.
India:
Bombay.
Calcutta.
Rangoon (Burma).
Japan:
Kobe.
Osaka.
Tokyo.
Yokohama.
Mexico:
Mexico City.
Panama (Republic of):
Colon.
Panama City.
Peru:
Lima.
Philippine Islands:
Manila.
Puerto Rico:
Arecibo.
Bayamon.
Caguas.
Mayaguez.
Ponce.
San Juan.
Straits Settlements:
Singapore.
Uruguay:
Montevideo.
Venezuela:
Caracas.

Argentina:
Buenos Aires.
Buenos Aires (Flores).
Buenos Aires (Plaza Once).
Rosario.
Belgium:
Brussels.
Brazil:
Pernambuco (Recife).
Rio de Janeiro.
SSo Paulo.
Canal Zone:
Balboa.
Cristobal.
Chile:
Santiago.
Valparaiso.
China:
Canton.
Darien (Manchuria).
Hankow.
Harbin (Manchuria).
Hong Kong (British Crown, Colony).
Peiping.
Shanghai.
Tientsin.
Colombia:
Barranquilla.
Bogota.
Medellin.
NOTE.— Consolidated statement of the assets and liabilities of the above-named branches as of June 29,
1940, appears in the following table.




REPORT OF THE COMPTROLLER OF THE CURRENCY

141

TABLE N O . 21.—Consolidated statement of assets and liabilities of foreign branches

of national banks, June 29, 1940
[In t h o u s a n d s of dollars]

Bank of
America
National
Trust and
Savings
Association,
San Francisco, Calif.
N u m b e r of b r a n c h e s

___

_

..

The
First
National
Bank of
Boston,
Mass.

1

2

9

161

73

445

24,248
4,370
5,814

30,662
6,693
4,037

118,230
5,253
30,902

173, 585
16,316
40,753

952

9,393
418
133

8,611
28,494
275

38,713
105,456
3,841

57,669
134,368
4,249

174
254

1,565
389

2,849
619

12,828
4,810

17,416
6,072

1,825

46,330

82,240

320,033

450,428

1,202

23,850

40,095

173,066

238,213

108

16,969
84
1,311

12,801
4,758
18,387

72,608
15,299
14, 491

102,486
20,141
34,460

The
The
Chase
National
National
City
Total
Bank of
Bank of
New York, New York,
N. Y.
N. Y.

ASSETS

Loans and discounts, including overdrafts
and rediscounts
Investments _
_
Cash in vault
Balances with other banks and cash items
in process of collection. _
Due from home office and branches
Real estate, furniture and fixtures . . .
Customers' liability on account of acceptances
Other assets
. __
Total assets
LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships,
and corporations _ .
._
_
State and municipal deposits
_
Deposits of banks
Certified and cashiers' checks, cash letters
of credit, and travelers' checks outstanding
Total deposits

Due to home office and branches Bills payable and rediscounts
Acceptances executed by or for account of reporting branches. _
Other liabilities .
Total liabilities

271
1

746

454

4,333

5,534

1,582

42,960
565
210

76,495
905

279,797
20, 706
2,699

400,884
22,176
2,909

236
7

1,567
901

2,893
1,295

13,883
1,441

18,579
3,644

1,825

46,203

81, 588

318,526

448,142

127

652

1,507

2,286

1,825

46,330

82, 240

320,033

450,428

CAPITAL ACCOUNTS

Undivided profits, including reserve accounts
Total liabilities and capital accounts. _

* Excludesfiguresfor branch in Brussels, Belgium, from which no report was received.
NOTE.—For location of foreign branches see preceding table.




TABLE NO. 22.—Fiduciary activities of national banks during year ended June 30, 1940, segregated according to capital
Banks with capital of—
$25,000

$25,001 to
$50,000

$50,001 to
$100,000

$100,001 to
$200,000

$200,001 to
$500,000

$500,001 and

Total

I

Number of national banks with trust powers but not administering t r u s t s Number of national banks with trust powers administering trusts

119
273

67
470

38
421

17
299

337
1,540

Total number of national banks authorized to exercise fiduciary
powers
34
139
Total assets of banking departments of national banks authorized to exercise
$18,223,690 $121,550,354
fiduciary powers

392

537

459

316

1,877

Investments
Savings deposits. _.
Demand deposits..
Other assets

TRUST ASSETS

Private trusts .
Court trusts. _.

$700,772,905 $1, 635,484,422 $2,893,124,248 $26,938,043,168 $32,307,198,787
$595,123,759 $6,649,602,754
12,192,229
85,447,108
31, 557,298
372,561,579
41,840,994 1, 272,799,367

$7,492,478,273
105,153,530
421,541,088
1,326,246,791

TRUST LIABILITIES

8,380,410,808

9,345,419,682

$128,512,047
108,692,637

$406,998,822 $6,801,494,810
273,715,458 1,578,915,998

$7,357,263,418
1,988,156,264

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

41, 947.079

237, 204,684

680, 714, 280 8,380,410,808

9,345,419,682

$429,940
36
52
6

$13,512,670
197
233
79

$63,452, 533
373
437
197

$215,136, 710 $9,025,069,874
389
285
392
282
243
255

1,317,700,427
1,283
1,407
782

115
314

1,122
2,619

6,036
11, 722

12, 767
16, 784

51, 017
35,101

71,062
66,567

429
10

3,741
188

17,758
804

29, 551
1,598

86,118
13,671

137,629
16, 273

$343,952
6,544
32,174
322

$4,080,981
273, 055
342,718
63,085

$35,563,025
2,005, 374
2, 581, 711
1, 796,969

$207,763,802
5,229,220
14,465,608
9, 746,054

382, 992

TotaL.

4, 759,839

41,947,079

237, 204,684

$170,887
212.105

$1, 002, 530
3,757,309

$19, 084,322
22,862, 757

382,992

4,759,839

$98, 700
3
11
2

Number of national banks administering corporate trustsNumber of living trusts being administered
_.
Number of court trustsindividual trusts being administered.
Total number of being administered.__
Number of corporate trusts being administered




680,714,280

439

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 trustsNumber of insurance trusts being administered
Average volume of insurance trust assets in each bank
Average volume of insurance trust assets in each trust

$31,916
$11,969

1

3,929

18,562

31,149

99,789

153,902

$73,228
$11, 095
1
3
$151,516
$50,505

$154,217
$11,213

$504,691
$13,358
41
61
$41,547
$27,925

$1,616,899
$23,035
118
271
$88,023
$38,328

58,028,130
$97,313
189
1,262
$326,241
$48,859

$6,068,454
$67,903
355
1,606
$208,354
$46,056

$10,736
$7,157

g

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 30,1940
Average gross earnings per trust department reporting trust earnings for
fiscal year ended June 30, 1940
-,




5
8
$275,105

40
287
$2,308, 248

150
564
$17, 245,118

259
2.207
$71, 537, 625

255
12,423
$499, 712,491

709
15,489
$591,078, 587

1

$90

7

4

9

49

22

$55, 021

$57,706

$114, 967

$276, 207

$1,959,657

$833,679

$34,388
$69

$8,043
$69

$32,414
$96

g
g

$1,200

$40, 225
$271
$92,845

$38,161
$206

$646

$30, 576
$71
$3,119

$22,742

^

$7,544

00

TABLE N O . 23.—Fiduciary activities of national banks by Federal Reserve districts as of June 29, 1940
Number of individual trusts

"Si

"3
Federal Reserve
districts

I
Is a

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

207 $105,624,207 $2,379,
1,934,305 4,160
—
288 198,446,124 8,'805,198,424 5,386 8,617
251 103,355, 543 2,246, 771,429 8, 505 17,399
131 99, 701, 563 2,101,883, 707 5,022 6,736
148 53, 510,025 1,294,099,130 3,743 4,552
109 69, 620,240 1, 512, 674,510 3,716 2,602
226 170,398,165 5,179,166,435 22,066 7,416
117 41,081, 743 1,068, 550,374 1,482 2,126
38,193,625 851,468,266 2,074 3,508
160 47,304,000 1,209,569,568 2,709 1,847
87 50, 964,160 1, 281,104,088 1,729 469
70 181, 678, 250 4, 376, 778, 551
10,470 6,399

175
260
237
111
126
86
180
91
47
103
65
1, 540

9,056 $661,076,786
14,003 ,413,562,839
25,904 391,188,630
11, 758 814, 535, 580
8,295 297, 664,828
6,318 449,068,687
29, — !, 039,139,028
3,608 110, 339, 704
5,582 454, 531,427
4,556 436,948,000
2,198 162,951,032
16,869 1,
,114,413,141

487 $339,789,689
1,243 4, 796,941,456
:,
532 107,410, 752
1,451 245,503,639
460 201, 592,828
1,245 212,185,033
6i 233 2, 507,486,252
1,076 103,450,885
357 83, 882,039
135,009,149
389 101,636,462
1,934 482,812,243

126 $4,575,377
177 11,201,428
179 10,342,465
179 6,854,706
103 3,237,871
113 3,680, 765
291 18,232,246
26 831,908
35 1,335, 567
107 4,007,020
64 2,424,868
206 7,241,450

337 1,877 1,159,877,645 32,307,198,787 71,062 66,567 137,629 9, 345,419,682 J 6,273 9,317, 700,427 355 1, 606 73,965,671

73 1,268
104 1,342
119 1,410
1,472
982
941
72 2,009
261
905
1,450
575
46 2,874

$51, 659, 993 $2,619,000
79,413,067 7,201,000
49,580,361 1,557,000
61,814,584 1,967,000
30,971,466 1,181,000
32,592,039 1,383,000
90,892,928 7,505,000
10,963,459
502,000
39,138.182 1,028,000
43,562,519 1,191,000
19,611,730
614,000
80,878,259 4,954,000

W
Q
2
§
^
H]
g
g
C
£
M

709 15,489 591,078,587 31,702,000

TABLE N O . 24.—Classification of investments in living and court trust accounts under administration by the active national bank trust departments, segregated according to capital as of June 29, 1940
Trust investments classified according to capital of
banks administering trusts
Banks
Banks
Banks
Banks
Banks
Banks

with
with
with
with
with
with

capital of $25.000
capital of $25,001 to $50,000...
capital of $50,001 to $100,000..
capital of $100,001 to $200,000
capital of $200,001 to $500,000.
capital of $500,001 and o v e r . .

Total....




._..

Bonds

Percent

Stocks

Percent

Real-estate
mortgages

Percent

Real estate

Percent

Miscellaneous

Percent

Total investments

$110,799
1,709,832
12,994,285
76,583,912
213,855,242
3,485,540,427

32.21
41.90
36.54
36.86
35.93
52.42

$13,676
1,146,570
10,842,854
64,175, 833
213,598,608
2,020,285,774

3.98
28.10
30.49
30.89
35.89
30.38

$13,753
476,232
4,557,209
34,362,520
74,166,810
405,013,861

4.00
11.67
12.81
16.54
12.46
6.09

$187,898
678,414
5,456,319
24, 417,708
58, 705, 738
463,058,829

54.63
16.62
15.34
11.75
9.87
6.96

$17,826
69,933
1,712,358
8,223,829
34,797,361
275,703,863

5.18
1.71
4.82
3.96
5.85
4.15

$343,952
4,080,981
35,563,025
207,763,802
595,123,759
6,649,602, 754

3,790,794,497

50.59

2,310,063,315

30.83

518,590,385

6.92

552,504,906

7.38

320,525,170

4.28

7,492,478,273

a

TABLE NO. 25.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1939
lln thousands of dollars]
Gross earnings

Number
of banks

Location

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

1 950
1,045
784
11, 510
826
2,598

38
43
28
551
14
100

Foreign department
(except interest on
foreign
loans, investments,
and bank
balances)

Trust department

Service
charges on
deposit
accounts

750
18
19

151
73
56
1,370
66
926

165
204
89
1,903
157
532

132
160
83
2,670
53
685

2

Rent
received

Other
current
earnings

28
46
34
942
12
82

Total earnings from
current
operations

4,343
3,145
2,522
36, 991
2,535
9,695

18, 713

774

791

2,642

3,050

3,783

1,144

59, 231

48,618
11,747
36,699
454
2,901
2,267

53,034
10,950
46,810
376
4,248
1,996

3,214
361
844
9
70
60

4,256
16
319
9
5

6,239
935
1,827
16
150
230

4,757
1,528
2,112
22
214
300

7,010
z, 404
5,218
19
370
267

6,290
192
556
4
31
31

133, 418
28,133
94, 385
900
7,993
5,156

1,443

.

28,334

437
226
693
15
63
9

.

1,877
1,572
1,448
17,295
1,389
4,753

322

Total New England States




Collection
charges,
commissions, fees,
etc.

38
52
42
325
12
53

- -

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

Interest
and discount on
loans

Interest
and dividends on
bonds,
stocks,
and other
securities

102,686

117,414

4,558

4,605

9,397

8,933

15,288

7,104

269, 985

130
77
42
20
52
52
66
24
29
445
49
95
71

8,146
4,029
2,150
1,392
5,996
3,265
4,399
1,156
4,279
23, 619
1,993
4,714
7,596

3,369
1,509
849
526
1,699
3 114
2,105
895
3,151
9,591
1,139
2,233
2,857

202
141
126
197
626
491
281
202
331
996
283
95
593

7
2

122

1

501
135
82
63
423
303
303
24
237
556
77
83
295

497
217
384
205
453
673
332
117
490
2,116
216
299
454

620
574
195
58
783
626
670
167
707
3,699
269
317
802

97
81
21
20
52
42
46
5
72
306
56
37
285

13,439
6,688
3,807
2,462
10,032
8,514
8,258
2,566
9,324
40,908
4,038
7,778
12,883

1,152

72, 734

33,037

4, 564

220

3,082

6,453

9,487

1,120

130, 697

2

1

57
25
5

TABLE NO. 25.—Earnings, expensesf and dividends of national banks for the year ended Dec. 31, 1939—Continued
[In thousands of dollars]
Gross earnings

Number
of banks

Location

Ohio . .
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

Collection
charges,
commissions, fees,
etc.

Foreign department
(except interest on
foreign
loans, investments,
and bank
balances)

Total earnings from
current
operations

Trust department

Service
charges on
deposit
accounts

1,521
695
3,122
1,048
780
698
596
575

2,530
915
5,272
862
1,110
872
452
513

300
91
395
180
166
299
91
56

33,438
13,552
73, 534
17, 363
14,075
21, 308
7,481
14,366

Rent
received

Other
current
earnings

15,330
5,979
23,162
6,778
4,446
9,169
3,984
6,945

11,647
5,290
32,024
7,337
7,100
7,334
1,946
5,366

528
290
2,957
483
329
1,938
283
410

98
4
169
112
19
51

2i

1,484
288
6,433
563
125
947
129
480

1,268

75, 793

78,044

7,218

474

10,449

9,035

12, 526

1,578

195,117

. . . _ _. .

-

50
41
135
182
43
26
78
22
211

916
1,334
4,286
3,929
984
1,101
3,559
1,125
8,221

575
575
2,169
1,844
950
408
2,473
363
3,983

298
188
288
216
157
45
234
71
385

23
12
225
105
15
20
367
17
146

100
190
636
668
132
145
689
134
867

130
102
850
708
259
67
441
130
1,250

124
137
48
48
47
4
40
8
132

2,166
2,538
8,504
7,518
2.544
1,790
7.805
1.848
14,984

-- -- -

788

25,455

13, 340

1,882

4

930

3, 561

3,937

588

49,697

45
27
100
18
13

7,909
4,426
64, 607
910
1,198

3,643
3,269
27, 588
567
585

530
164
2,160
66
45

61
42
587

420
270
4,119
14
34

618
621
4,632
143
166

530
585
5,115
111
141

110
55
1,360
8
61

13,821
9,432
110,168
1,819
2.230

._ _

. . __

.-

.

- __--_..._

._

__

- __

._

. _

._
..

Total Western States
Washington
Oregon
.
California
Idaho
Utah

Interest
and dividends on
bonds,
stocks,
and other
securities

244
125
327
82
105
191
108
86

_

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

Interest
and discount on
loans

, _.




--.

..

..
.--

__
-----

2

n

P
w
ft

o

d

Nevada
Arizona
Total Pacific States
Total United States (exclusive of possessions) _
_
Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)
Virgin Islands of the United States (nonmember
bank)
Total possessions (nonmember banks)
Total United States and possessions
New York City (central Reserve city) .
- .
Chicago (central Reserve city)
Other Reserve cities
_ Country banks (member banks)
Possessions (nonmember banks)




6
5

666
1,416

422
462

30
102

11

31
26

60
175

127
272

69
8

1,405
2,472

214

81,132

36,536

3,097

701

4,914

6,415

6,881

1,671

141,347

5,187

386,134

297,084

22,093

6,795

31,414

37,447

51,902

13,205

846,074

4
1

193
961

71
672

55
165

7

8
30

21
38

38

10

393
1,875

1

36

15

25

1

758

244

11

7

38

59

38

2,345

6

1,190

77

5,193

387,324

297,842

22,337

6,806

31, 421

37, 485

51,961

13, 243

848,419

8
8
241
4,930
6

31,755
13,224
155,045
186,110
1,190

39, 559
23,422
110, 392
123, 711
758

2,631
1,614
8,150
9,698
244

4,240
135
2,122
298
11

5,506
5,960
12,137
7,811
7

2,472
640
14, 792
19,543
38

5,241
3,821
19,621
23, 219
59

5,958
183
3,664
3,400
38

97,362
48,999
325,923
373, 790
2,345

8
g

I
O

TABLE N O . 25.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1939—Continued
00

[In thousands of dollars]
Recoveries, profits on securities
sold, etc.

Expenses
Salaries and wages

Location

Employees
other than
officers

Officers

•+3

Cu

•8

"3

B
502
466
343
4,218
341
1,447

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

552
401
466
376
293
288
6,735 4,619
448
817
1,820 1,175

47 1,177
427
39
629
40
239 3,156
36
273
97 1,294

68
80
35
1,266
17
374

153
143
185
702
87
257

646
650
372
7,;

618
1,771

3,145
2,274
1,899
23, 706
1,820
7,061

1,198 208
871
102
623 107
13,285 1,686
715
62
2,634 571

486
209
249
1,512
185

906
337
306

5,097
299
1,101

25
19
26
425
14
169

8,046

1,625
667
688
8,720
560
2,539

2,823
1,538
1,311
22,005
1,275
5,173

Total Eastern States

7,1

498 6,956

1,840 1,527

11,445

39,905

19,326 2,736

3,339

678

14,799

34,125

14,324 2,460
3,240 920
9,072 2,581
46
101
849 287
703 128

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of C olumbia
Virginia,
West Virginia
North Carolina
South Carolina
Georgia
Florida
_
Alabama.
Mississippi
Louisiana
Texas
-

1.
h
142
787
72

16,188
756
717

630 9,546
324 4,865
997 18,358
188
10
70 1,457
49
677

4,152 3,114
1,241
623
4,666
10
38
142 506
128

29,221
5,335
13,846
118
1,240
826

87,353
19,782
61, 497
557
5,305
3,707

46,065 14,375
t,
8,351 1,079
32,888 1,562
343
5
2,688 108
1,449
59

4,490
1,401
4,058
26
2,233
394

23,127 2,097
6,555
389
13, 750 1,091
111
2
1,824
37
1,016
19

44,089
9,424
20,461
144
4,202
1,488

90,154
17,775
53,349
487
6,890
2,937

28,289 6,822

45,151 29,073

2,070 35,091

36 7,762 9,216

50,586 178,201

91,784 17,188

12,602

46,383 3,635

79,808 171,592

2,817
1,258
520
227

169
163
193
91
134
26 104
608
366
98
231
152 224
74
143
344 465
2,037 1,717

7,317 1,6

1,643
766
594
398
1,222
1,156
1,066
374

-..




545
262
180
123
295
291
812
in
1,022
196
6,604 2,021

10,314

8,024
8,89.0
68

1,685
894
557
382
1,614
1,502
1,330
369
1,841
6,089

1,356
656
458
302
1,.
1,178
997
806
1,846
4,509

119
50
24
13
81
58
37
26
61
242

1,198
437
954
2,679

2,037
1,216
740
417
2,093
1,923
1,675
530
1,939
8,211

9,081
4,540
2,661
1,567
6,924
5,638
5,683
1,955
6,626
27,588

4,358
2,148
1,146
895
3,108
2,876
2,575
611

381
389
108
38
179
106
291
93
175
13,320 2,400

313
97
42
105
56
543
61
72
1,451
1,383

1,058
516
266
119
515
1,135
1,400
4,431

162
43
25
86
51
129
70
147
678

1,850
1,164
459
287
836
1,835
1,179
558
3,173
8,892

6,208
3,312
1,605
1,182
3,944
4,711
3,754
1,169
5,871
22,212

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 WestenrStates
Washington .
Oregon
California
_
. _ .
_
Idaho
Utah
Nevada
Arizona
_
_
Total Pacifie'States
Total United'States (exclusive of
possessions)
Alaska (TioiTme.TnhPX banks)

634
1,093
1,430

523
1,185
1,794

405
893

18,002 5,359

19, 765 15,265

4,961
3,826 1,068
619
2,070
1,576
7,828 1,614 14,238
426
3,837
1,955
458
2,695
1,707
840
3,825
3,038
420
1,039
1,204
2,020
448 2,784

3,579
1,607
9,245
2,860
1,706
2,789
911
2,017

40
67
67

471
1,259
2,037

78
233
366

177
415
666

863
1,375
2,462

2,789
5,630
8,822

24 4,399 5,483

1,249
2,148
4,061

175
311
351

400
1,509
1,175

113
371
377

69
162
166

757
2,353
2,069

2,006
4,501
6,130

25,481

89,504

41,193 4,997

4,984

13,545 1,886

25,412

66,605

510 2,065
289
973
1,334 3,404
314
448
192
7 389
463
905
135
173
1
756
233

6,310
2,434
14, 723
3,598
2,654
4,124
1,731
2,767

23,394
9,919
49,296
12,979
10,280
15,560
5,227
9,933

10,044 1,053
3,633
381
24,238 4,189
4,384
502
3,795
558
5,748 1,572
2,254
246
4,433
631

776
361
1,407
1,943
583
968
184
1,242

436
4,105
2,488
292
12,962 1,772
4,139
257
3,911
483
1,834
526
505
47
2,256
201

6,370
3,522
20,330
6,841
5,535
4,900
982
4,330

16,414
7,155
44,568
11,225
9,330
10,648
3,236
8,763

1,084 25,968

9 3,667 8,916

38, 341 136,588

32,200 4,014

52,810 111, 339

216
92
260
82
104
223
46
61

35,449

HAH

167
207
617
646
101
826
85
878

279
316
1,239
979
363
235
1,462
293
2,131

270
305
1,024
902
298
165
1,006
222
1,624

31
54
58
72
53
13
55
10
69

308
260
561
555
269
244
790
173
1,203

8,678 3,073

7,297

5,816

415

406
544
1,500
1,557
432
332
1,182
271
2,454

3
3

5,505
2,485
7,509
2,745
2,532
2,982
899
1,311

885 15,465

23,154 5,783

1

58,529 9,132

7,464

52
38
307
213
158
73
361
88
631

412
510
1,938
1,571
513
279
1,568
337
2,965

1,535
1,777
5,797
5,203
1,877
1,222
5,599
1,226
9,702

631
109
761
98
2,707
423
2,315
341
667
361
95
568
2,206
546
622
190
5,282 1,027

102
46
1,898
563
118
36
584
26
246

120
88
1,071
649
237
124
782
100
1,255

11
58
68
130
24
11
259
41
231

342
290
3,460
1,683
740
266
2,171
357
2,759

973
1,051
6,167
3,998
1,407
834
4,377
979
8,041

4,363

20 1,151 1,921

4,426

14
1
1
3
1

47
55
180
255
89
45
178
54
248

10,093

33,938

15,759 3,190

3,619

833

12,068

27,827

451
1,950
846
1 158
10,828 2,415
94
298
70
263
48
167
88
343

2,754 1,924
1,812 1,836
21,897 13,568
265
224
227
299
186
194
524
889

49 1,862
12 1,331
274 21,728
8
257
386
15
2
227
4
240

120
279
262
185
3 2,561 4,531
38
57
42
77
35
59
14
190

2,590
1,910
17,994
288
425
234
605

9,604
6,670
79,816
1,211
1,507
918
1,920

4,217
353
2,762
316
30,352 1,615
27
608
61
723
18
487
552
95

94
247
1,032
134
32
20
61

56
1,411
382
138
17,445 1,160
38
218
28
137
1
37
12
243

1,914
1,083
21,252
417
258
76
411

6,131
3,845
51,604
1,025
981
563
963

15,007 3,512

27, 745 17,804

364 26,031

3 2,995 5,455

24,046 101, 646

39, 701 2,485

1,620

19,873 1,433

25,411

65,112

100,447 25,617 145,721 99,243

5,316 113,874

53

n

The Territory of Hawaii (nonmember
38
bank).
218
1
Number at end of period.




466
1,082
1,881

100 21,814 32, 518 159,992 579,782 266,292 39,728

33,628 124,473 12,479 210,308 476,600

41

19

1

46

6

22

64

233

160

17

2

2

1

22

182

315

175

6

353

30

76

182

1,180

695

182

1

423

1

607

1,302

2 Number of full-time and part-time employees at end of period.

CO

TABLE NO. 25.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1939—Continued
O

[In thousands of dollars]
Recoveries, profits on securities
sold, etc.

Expenses
Salaries and wages
Location

Employees
other than
officers

Officers

.go

M
a
Virgin Islands of the United States
(nonmember bank). _

5

1
O
18

18

212

417

Total United States and posses100,733 25,673 146,093 99,455
sions

5,324 114,291

100 21,850 32,621 160,252 581,264 267,155 39,927

33,631 124,920 12,481 210,959 478,114

216 1,976
821 21,382 12, S65
New York City (central Reserve city). 9,277
62 4,232
SS7 10,361 5,91,1
4,047
Chicago (central Reserve city).
Other Reserve cities
.-_ . . , „ . 5,569 64,751 41,785 1,117 40,287
Country banks (member banks) . . . _ - . - 53,93418,500 49,227 89,15% 3,921 67,379
372
417
212
66
Possessions (nonmember banks)

1 3,025 2,394 22,375 60,646 36,, 716 12, 579
902 2,502 9,740 31,846 17153 3,384
,
3384
~~9 7,638 13,847 62,690 223,528 17,153 9,750
1,249 13,775 65,187 263,762 102,395 14,015
110,028 4015
90 10,
36
103
199
260 1,482 110028

15,473
14,482

Total possessions (nonmember
banks)...




15
66

372

22

103

1,482

199

30

447

2,947
726

17,388
9,573
52,751
44,761
447

651

1,465
1,301
4,432
5,281
2

34,379
14,984
82,406
78, 539
651

1,514

71,095
32,137
184,801
188,567
1,514

Losses and depreciation
On bonds,
stocks,
On loans and other
securities

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut.—

312
328
150
4,522
289
646

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

On banking house,
furniture,
and fixtures

and depreciation

106
73
26
1,178
21
380

103
79
59
1,287
29
236

Other

Total

1,605
915
539
11,494
787
2,668

Net
addition
to profits

On preferred
stock

On common
stock i

1,218
623
772
10,511
488
2,505

81
43
32
272
15
174

565
304
179
7,239
509
1,155

Ratios
Capital
funds 2 3

Total

Net addition to
profits to
capital
funds

646
347
211
7,511
524
1,329

18,426
14,455
10,044
203,298
16,961
41,951

6.61
4.31
7.69
5.17
2.88
5.97

Net addiExtion to
profits to to gross
net earnearnings
ings
101.67
71.53
123.92
79.12
68.25
95.10

72.42
72.31
75.30
64.09
71.79
72.83

.-.
_

Total Southern States

See footnotes at end of table.




8,184

1,784

1,793

18,008

16,117

617

9 r 951

10, 568

305,135

5.28

83.40

67.37

23,940
6,564
16,240
124
4,777
883

6,123
1,023
2,756
22
143

3,179
1,599
3,120
12
63
22

43, 728
11, 735
30, 724
196
5,328
1,170

46,426
6,040
22, 625
291
1,562
1,767

843
878
549
2
100
46

1,370
12, 713
172
1,611
655

36, 509
2,248
13,262
174
1,711
701

700,930
103, 922
446,006
5,361
32, 241
20,540

6.62
5.81
5.07
5.43
4.84
8.60

100.78
72.33
68.79
84.84
58.11
121.95

65.47
70.32
65.16
61.89

22,193

Total Eastern States

6,247
10,486
2,549

._.

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

1,084
435
304
4,507
448
1,406

Dividends

52, 528

10,165

7,995

92,881

78, 711

2,418

52,187

54,605

1, 309,060

6.01

85.76

66.00

870
642
96
41
380
215
609
155
348
3,308
217
397
795

881
457
105
126
291
1,374
367
176
2,038
2,991
242
1,391
1,218

385
274
105
66
359
385
284
68
338
.,698
124
246
392

267
251
67
30
138
165
154
45
127
825
115
209
319

2,403
1,624
373

3,805
1,688
1,232
919
2,776
2,572
2,340
725
3,020
13,390
1,308
2,258
3,406

49
83
19
38
30
23
241
69
104
387
41
90
192

2,058
650
590
484
1,701
903
1,454
212
924
6,156
596
1,166
1,561

2,107
733
609
522
1,731
926
1,695
281
1,028
6,543
637
1,256
1,753

50,050
24,136
13, 685
8,435
33, 926
29,289
33,910

7.60
6.99
9.00
10.90
8.18
8.78
6.90
8.74
10.14
8.96
9.93
7.33
7.60

87.31
78.58
107. 50
102.68
89.32
89.43
90.87
118.66
111.93
100.53
104. 72
105.12
83.87

67.57
67-. 88
69.90
63.65
69.02
66.22
68.82
76.19
71.06
67.44
69.07
72.38
68.48

8,073

11,657

4,724

2,712

27,166

1,366

18,455

19,821

95.74

68.48

263
1,168
2,139
1,414
444
2,851
8,822
698
2,243
2,724

8,293
29, 774
149,445
13,170
30, 787
44, 791

L40

71.90

o

TABLE NO. 25.—Earnings, expenses, and dividends of national banks for the year ended Dec. 31, 1939—Continued

Or

[In thousands of dollarsl
Dividends

Losses and depreciation

On loans

On bonds,
stocks,
and other
securities

On banking house,
furniture,
and fixtures

Other
losses
and depreciation

2,136
615
3,714
413
494
1,214
281
883

2,892
1,635
6,330
3,318
3,747
2,889
555
2,013

1,012
452
1,382
327
388
930
263
412

686
451
1,769
534
303
376
81
198

6,726
3,153
13,195
4,592
4,932
5,409
1,178
3,506

9,750

23,379

5,164

4,398

146
102
488
408
301
50
484
299
822

209
148
2,823
866
307
137
911
84
374

107
114
344
430
155
52
276
68
879

116
86
188
216
34
8
128
17
111

3,100

5,859

2,425

636
404
16,301
45
37
27
170

802
926
5,010
240
233
46
138

444
244
2,652
50
71
25
107

Total Pacific States

17,620

7,395

Total United States (exclusive of possessions)

66,983

109,002

Location

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

_ _

T o t a l M i d d l e Western
States
North Dakota
South Dakota
Nebraska
_
Kansas
Montana .
Wyoming
Colorado .
New Mexico
Oklahoma..

__ .
._

Total Western States.,
Washington..
Oregon
California...
Idaho
Utah
Nevada
Arizona

_

_ _
_

_




Net
addition
to profits

Ratios
Capital
funds 2 3

On preferred
stock

On common
stock J

9,688
4,002
31,373
6,633
4,398
5,239
2,058
5,257

792
175
1,212
442
323
128
83
86

3,490
1,530
9,155
2,242
830
2,406
625
2,377

4,282
1,705
10,367
2,684
1,153
2,534
708
2,463

136,321
52,368
291,923
69,872
55,071
73,240
24, 712
57, 753

42,691

68,648

3,241

22,655

25, 896

578
450
3,843
1,920
797
247
1,799
468
2,186

395
601
2,324
2,078
610
587
2,578
511
5,855

29
44
55
49
12
18
55
9
74

112
144
1,178
1,048
540
285
1,010
287
2,656

141
188
1,233
1,097
552
303
1,065
296
2,730

904

12,288

15,539

345

7,260

325
248
3,567
6
20
10
80

2,207
1,822
27, 530
341
361
108
495

3,924
2,023
24,074
684
620
455
468

61
4
754
26
35
2
36

1,986
535
16,144
315
334
151
251

3,593

4,256

32,864

32, 248

918

27,855

22,058

225,898

250,702

8,905

Total

Total

Net addition to
profits to
capital
funds

ExNet addipenses
tion to
profits to to gross
earnnet earnings
ings

7.11
7.64
10.75
9.49
7.99
7.15
8.33
9.10

96.46
110.16
129.44
151.30
115.89
91.14
91.30
118. 59

69.96
73.19
67.04
74.75
73.04
73.02
69.87
69.14

761,260

9.02

117.29

70.00

6,096
6,485
27,392
27,556
8,599
5,646
27, 373
3,960
48,658

6.48
9.27
8.48
7.54
7.09
10.40
9.42
12.90
12.03

62.60
78.98
85.85
89.76
91.45
103.35
116.86
82.15
110.85

70.87
70.02
68.17
69.21
73.78
68.27
71.74
66.34
64.75

7,605

161,765

9.61

98.60

68.29

2,047
539
16, 898
341
369
153
287

41, 586
22,556
281, 590
4 678
8 201
2,625
5,068

9.44
8.97
8.55
14.62
7.56
17.33
9.23

93.05
73.24
79.32
112.50
85.75
93.43
84.78

69.49
70.72
72.45
66.58
67.58
65.34
77.67

19,716

20,634

366,304

8.80

81.23

71.91

130, 224

139,129

3,373,155

7.43

94.15

68.53

Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)
Virgin Islands of the United
to States (nonmember bank) _
_
35
Total possessions (nonmemg
berbanks)
I
H^

Total United States and
possessions

New York City (central Reserve
city) . . . - _
. _
M
M Chicago (central Reserve city)
Other Reserve cities
Country banks (member banks)...
Possessions (nonmember banks)...

20

5

!4.

1

40

142

83

83

807

17.60

88.75

59. 2C

167

367

50

8

592

710

268

268

6,567

10.81

1C2.16

62.93

1

4

3

8

22

6

1

7

220

10.00

275. 00

89.61

188

376

67

9

640

874

6

352

358

7,594

11.51

101.27

63.20

67,171

109,378

27, 922

22,067

226, 538

251, 576

8,911

130, 576

139,487

3, 380,749

7.44

94.17

68.51

1

7,652
2,506
31,013
25,812
188

17, 282
3,182
40,253
48, 285
376

5,101
733
10,040
11,981
67

1,782
1,254
8,399
10, 623
9

31,817
7,675
89,705
96, 701
640

39, 278
24,462
95,096
91,866
874

5
985
3,005
4,910
6

33,089
7,036
50,744
39,355
352

33,094
8,021
53, 749
44, 265
358

557,474
213,588
1, 230, 229
1,371,864
7,594

7.05
11.45
7.73
6.70
11.51

106. 98
142. 61
92.87
83.49
101.27

62.29
64.99
68.58
70.56
63.20

s,

1 Includes 624 stock dividends aggregating $8,309,000.
2 Represents aggregate book value of capital stock, surplus, undivided profits, reserves
for dividends payable in common stock, reserves for other undeclared dividends, retirement account for preferred stock, and reserves for contingencies, etc.




w

3

Figures for capital funds are averages of amounts from reports of condition for 5 call
dates from Dec. 31, 1938, to Dec. 30,1939, inclusive.

13
o

W
O

CO

TABLE N O . 26.—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended Dec. 31, 1939
[In thousands of dollars]
District District District District District District District District District District District District NonGrand
No. 2
No. 3
No. 1
No. 6
No. 9
No. 10 No. 11 No. 12 member total
No. 5
No. 7
No. 8
No. 4
(596
(586
(311
(264
(386
(660
(314
(481
banks (6 (5,193
(504
(333
(539
(213
banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks)
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks,
and other securities
Collection charges, commissions, fees, etc.
Foreign department (except interest on
foreign loans, investments, and bank
balances)
Trust department
Service charges on deposit accounts
Rent received
Other current earnings
Total earnings from current operations-

27,376

57,953

31,039

27,234

20,485

22,816

38,681

16,094

13,806

24, 292

25,271

81,087

1,190

387,324

18,275
749

61,504
3,501

33,623
663

29,331
855

12, 251
789

12,260
2,048

49,051
3,996

10,400
1,298

10,966
2,725

12, 670
1,259

10, 238
1,119

36,515
3,091

758
244

297,842
22,337

787
2,515
2,936
3,607
1,121

4,274
7,131
6,059
8,729
6,436

271
1,531
1,795
4,320
463

148
2,025
2,311
4,581
480

24
1,134
1,798
2,017
278

179
1,413
2,181
3,349
248

303
7,419
5,694
7,908
818

25
506
1,225
1,573
415

52
1,014
1,327
1,561
645

6
1,210
3,372
3,551
296

33
602
2,340
3,832
337

693
4,914
6,409
6,874
1,668

11
7
38
59
38

6,806
31,421
37,485
51,961
13, 243

57,366

155, 587

73,705

66,965

38,776

44,494

113,870

31, 536

32,096

46,656

43, 772

141, 251

2,345

848,419

7,061
9,930
1,512
6,858

16,992
29,823
8,142
18,683

7,216
9,396
2,136
6,451

7,165
9,658
2,030
6,718

4,863
5,544
UU6
4,177

5,505
7,358
1,416
5,713

12,499
22,581
2,703
14,649

4,241
4,666
1,854
3,829

5,003
5,202
1,579
3,988

7,885
7,284
2,632
5,544

7,041
6,556
2,161
4,844

14,976
27, 723
8,506
17, 789

286
372
56
212

100,733
146,093
25,678
99, 455

262
2,939
9
2,122
1,842
8,759

364
26,015
3
2,987
5,454
24,031

8
417
36
103
260

5,324
114,291
100
21,850
32,621
160, 252

Expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers
Number of employees other than officers.
Fees paid to directors and members of
executive, discount, and advisory
committees
Interest on time and savings deposits
Interest and discount on borrowed moneyReal estate taxes
O ther taxes
Other expenses
Total current expenses

482
6,644
8
1,740
1,505
11,033

862
13,561
16
5,071
3,609
33,628

952
13,627
19
1,726
3,435
11,130

423
12,454
4
1,441
3,659
11,103

308
6,783
4
697
1,795
6,344

298
5,342
5
1,405
1,733
9,181

460
13,835
7
2,174
4,702
23,084

207
4,358
4
704
1,556
5,963

407
4,553
747
1,228
6,192

291
3,763
21
1,000
2,000
9,544

38,403

103,562

47,501

45,907

26,338

30,827

79,342

21,699

23, 332

31, 788

29,530

101, 553

1,482

581,264

Net earnings

18,963

52,025

26,204

21,058

12,438

13,667

34,528

9,837

8,764

14,868

14,242

39, 698

863

267,155

2,565

15, 426

1,187

1,830

1,020

973

5,549

1,136

2,291

2,724

2,546

2,481

199

39,927

3,148

5,892

1,998

3,182

3,182

1,351

4,001

2,106

1,444

3,460

2,266

1,598

3

33,631

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities




Profits on securities sold
All other
Total
Total net earnings, recoveries, etc:
Losses and depreciation:
On loans
On bonds, stocks, and other securities....
On banking house, furniture, and fixtures
O ther losses and depreciation

7,718
663

28, 754
2,443

11,541
890

8,174
763

4,745
376

4,688
459

22, 557
2,719

4,311
522

2,882
657

4,494
769

4,778
787

19, 831
1,431

447
2

124, 920
12,481

14,094

52,515

15, 616

13, 949

9,323

7,471

34, 826

8, 075

7,274

11, 447

10,377

25, 341

651

210,959

33, 057

104, 540

41,820

35,007

21, 761

21,138

69, 354

17, 912

16, 038

26, 315

24,619

65,039

1, 514

478,114

6,088
7,807
1,662
1,700

12, 283
29, 717
7,013
4,488

8,295
12,184
2,113
2,706

3,660
8,680
2,054
1,561

2,108
7,188
1,045
688

2,274
3,470
1,616
836

4,806
13, 780
2,465
2,805

1,713
4,857
946
684

2,029
4,240
1,375
776

2,674
5,527
2,218
702

3,443
4,168
1,755
856

17, 610
7,384
3,593
4,256

188
376
67
9

67,171
109, 378
27, 922
22,067

17, 257

53, 501

25, 298

15, 955

11,029

8,196

23, 856

8,200

8,420

11,121

10, 222

32, 843

640

226, 538

Net addition to profits before dividends

15,800

51, 039

16, 522

19, 052

10, 732

12, 942

45, 498

9,712

7,618

15,194

14, 397

32,196

874

251, 576

Dividends:
On preferred stock

558
670
1,467
i 9,860 2 36, 788 3 10, 526

1,014
«6, 750

332
6 5, 957
6,289

2,066
649
6 5, 770 7 13,194
6,419
15, 260

6
13 352

8,911
130, 576

Total

On common stock
Total

269
8 4, 823

302
394
918
266
9 3,492 io 6, 832 " 6, 536 12 19, 696
20, 614

358

139, 487

566, 682 399, 016 482,118 1,022,212 374, 730 294, 970 440, 352 448,996 1,563,665
1,069. 311 493, 794 468, 504 2,325,663 395, 690 410,174 504, 696 410, 870 1,500,947
135, 390 69, 565 85, 810 233, 374 54, 983 57, 366 77, 804 80, 643 178,050
298,158 145, 497 155, 912 454, 641 113,137 106, 330 159, 754 157, 766 366,106

20, 720
24, 259
3,780
7,594

8, 667, 826
12,549,980
1, 561, 521
3, 380, 749

Percent
57.41
25.85
4.54
12.20

Percent
50.75
32.32
1.62
15.31

Percent
45.65
35.11
4.42
14.82

7,764

5,092

3,758

7,134

6,930

10, 418

38, 255

11,196

713,855
704, 413
119, 764
297, 593

1,675,139
3,241,799
332, 739
781, 361

665, 371
999,860
132, 253
336,900

Percent
37.25
39.53
3.89
19.33

Percent
42.11
45.62
2.44
9.83

Percent
40.67
43.80
3.45
12.08

Percent
52.83
31.59
4.64
10.94

Percent
51.28
27.55
4.90
16.27

Percent
33.97
43.08
5.00
17.95

Percent
51.03
32.98
3.89
12.10

Percent
43.01
34.17
4.14
18.68

Percent
52.07
27.15
7.23
13.55

Percent
57.73
23.39
5.35
13.53

Loans14
Investments 14
Capital stock (par value)14
_
Capital funds " »
Percent
Ratios to gross earnings:
47.72
Interest and discount on loans
31.86
Interest and dividends on investments- _
5.12
Service charges
15.30
All other current earnings
100.00
Total gross earnings

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100. 00

100.00

100.00

100.00

Salaries, wages and fees
Interest on deposits
All other current expenses

30.46
11.58
24.90

30.64
8.72
27.20

23.83
18.49
22.13

25.75
18.69
24.20

27.63
17.49
22.80

29.58
12.00
27.70

31.21
12.15
26.32

28.90
13.82
26.09

33.06
14.18
25.45

33.14
8.06
26.93

31.66
6.71
29.09

30.49
18.42
22.99

28.40
17.78
17.02

29.72
33.47
25.32

Total current expenses.

66.94

66.56

64.45

68.55

67.92

69.28

69.68

68.81

72.69

68.13

67.46

71.90

63.20

68.51

33.06

33.44

35.55

31.45

32.08

30.72

30.32

31.19

27.31

31.87

32.54

28.10

36.80

31.49

-5.52

-.63

-13.14

-3.00

-4.40

-1.63

+9.63

-.40

-3.57

+.70

+.35

-5.31

+.47

-1.84

27.54

32.81

22.41

28.45

27.68

29.09

39.95

30.79

23.74

32.57

32.89

22.79

37.27

29.65

Net operating earnings.
Net losses and depreciation, less profits
on securities sold "
Net profits
See footnotes at end of table.




O
Ox

TABLE NO. 26.—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the year ended Dec. 81, 1939—Continued

Grand
District District District District District District District District District District District District NonNo. 3
No. 9 No. 10 No. 11 No. 12 member total
No. 1
No. 2
No. 4
No. 5
No. 8
No. 6
No. 7
(586
(386
(660
(481
(311
(596
(504
(333
(314
(213 banks (6 (5,193
(264
(539
banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks)
Ratios to loans:
Interest and discount on loans
Net losses (—) or recoveries (+) on loans.
Ratios to investments:
Interest and dividends on investments..
Profits on securities sold
Net losses (—) or recoveries (+) on investments
Ratios to capital stock (par value):
Net operating earnings
Net profits before dividends
Dividends
Ratios to capital funds:
Net operating earnings
Net profits before dividends
Dividends
Ratio of net profits to net operating earnings..

3.83
-.49

3.46
+.19

4.66
-1.07

4.81
-.32

5.13
-.27

4.73
-.27

3.78
+.07

4.29
-.15

4.68
+.09

5.52
+.01

5.63
-.20

5.19
-.97

5.74
+.05

4.47
-.31

2.59
1.10

1.90
.89

3.36
1.15

2.74
.76

2.48
.96

2.62
1.00

2.11
.97

2.63
1.09

2.67
.70

2.51
.89

2.49
1.16

2.43
1.32

3.12
1.84

2.37
1.00

-.66

-.73

-1.02

-.51

-.81

-.45

-.42

-.70

-.68

-.41

-.46

-.39

15.83
13.19
8.70

15.64
15.34
11.50

19.81
12.49
8.47

15.55
14.07
5.73

17.88
15.43
9.04

15.93
15.08
7.48

14.80
19.50
6.54

17.89
17.66
9.26

15.28
13.28
6.55

19.11
19.53
9.17

17.66
17.85
8.59

22.30
18.08
11.58

22.83
23.12
9.47

17.11
16.11
8.93

6.37
5.31
3.50
83.32

6.66
6.53
4.90
98.10

7.78
4.90
3.32
63.05

7.06
6.39
2.60
90.47

8.55
7.38
4.32
86.28

8.77
8.30
4.12
94.70

7.59
10.01
3.36
131.77

8.69
8.58
4.50
98.73

8.24
7.16
3.53
86.92

9.31
9.51
4.47
102.19

9.03
9.13
4.39
101.09

10.84
8.79
5.63
81.10

11.36
11.51
4.71
101. 27

7.90
7.44
4.13
94.17

n

-1.54

1 Includes 12 stock dividends aggregating $640,000.
2
Includes 45 stock dividends aggregating $574,000.
3
Includes 23 stock dividends aggregating $126,000.
4
Includes 44 stock dividends aggregating $780,000.
8
Includes 38 stock dividends aggregating $437,000.
6
Includes 31 stock dividends aggregating $987,000.
7 Includes 99 stock dividends aggregating $1,796,000.
s Includes 38 stock dividends aggregating $424,000.
• Includes 62 stock dividends aggregating $298,000.
w Includes 113 stock dividends aggregating $1,021,000.




Or

as

[In thousands of dollars]

1 Includes 71 stock dividends aggregating $476,000.
1
12 Includes 46 stock dividends aggregating $724,000.
13
Includes 2 stock dividends aggregating $26,000.
i* Figures for loans, investments, capital stock and capital funds are averages of amounts
from reports of condition for 5 calls from Dec. 31,1938, to Dec. 30,1939, inclusive.
1 Represents aggregate book value of capital stock, surplus, undivided profits, reserves
5
for dividends payable in common stock, reserves for other undeclared dividends, retirement account for preferred stock, and reserves for contingencies, etc.
16
Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.

w

E

TABLE NO. 27.—Earnings, expenses, and dividends of national banks for the period of 6 months ended June 30, 194-0
[In thousands of dollars]
Gross earnings

Number
of banks

Location

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

975
801
728
8,894
730
2,424

Interest and
Collection
dividends
on bonds, charges, commissions,
stocks, and
fees, etc.
other securities
819
494
342
• 5,311
374
1,129

21
27
12
226
8
52

Foreign department
(except interest on
foreign loans,
investments,
and bank
balances)

Trust department

Service
charges on
deposit
accounts

1
340
11
8

82
31
19
656
66
479

80
101
44
994
85
286

72
84
39
1,293
23
359

3

Rent
received

Other
current
earnings

Total earnings from
current
operations

14
21
16
450
6
41

2,066
1,559
1,201
18,164
1,303
4,778

319

.

.._._

.

.

-

Total Southern States -




._

. . . .
_ . _ . _ _ ...

14,552

8,469

346

363

1,333

1,590

1,870

548

29,071

429
225
690
15
63
9

24,971
6,094
18,481
230
1,473
1,219

25,212
5,143
22, 219
163
2,112
951

1,457
160
405
5
36
28

2,208
8
181
5
3

2,991
425
862
16
77
133

2,664
833
1,161
13
117
164

3,289
1,125
2,591
9
184
141

3,748
75
305
1
6
2

66,540
13,863
46,205
437
4,010
2,641

1,431

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

37
52
41
125
12
52

Interest
and discount on
loans

52,468

55,800

2,091

2,405

4,504

4,952

7, 339

4,137

133,696

130
78
43
21
52
52
66
24
29
446
50
95
71

4,215
2,009
1,200
900
3,201
1,851
2,411
555
2,221
12,777
957
2,421
3,814

1,578
661
408
308
811
1,633
1,074
419
1,535
4,551
561
1,133
1,402

100
71
60
118
302
282
131
107
169
450
127
48
288

3
1

50

1

239
54
32
26
120
145
146
18
98
250
44
38
118

248
124
209
143
228
407
184
64
243
1,148
116
152
228

316
276
95
36
402
340
347
80
355
1,763
129
179
401

66
31
42
8
22
24
28
6
45
161
53
18
137

6,765
3,227
2,046
1,540
5,086
4,682
4,371
1,249
4,693
21,108
1,987
3,989
6,389

1,157

38,532

16,074

2,253

91

1,328

3,494

4,719

641

67,132

1

27
8

TABLE NO. 27.—Earnings, expenses, and dividends of national banks for the period of 6 months ended June 30, 1940—Continued
00

[In thousands of dollars]
Gross earnings

Number

Location

Ohio
Indiana
Illinois

Michigan.. _
Wisconsin
Minnesota.
Iowa
Missouri

..

of banks

-

Wyoming
Colorado
New Mexico
Oklahoma..
_
_
Total Western States




_

.. ..
.

_
__

...

278
140
1,500
203
159
988
147
191

40
2
122
81
8
16

39,539

37, 212

3,606

493
744
2,225
2,122
468
475
1,831
594
4,248

252
'
267
1,042
814
450
198
1,043
163
1,831

149
107
142
103
87
18
115
36
172

783

North Dakota
South Dakota
Nebraska
Kansas
Montana

5,362
2,423
15,929
3,359
3,356
3,349
918
2,516

47
41
135
182
43
26
78
22
209

Total Middle Western States

7,910
3,181
12,124
3,655
2,325
4,742
2,007
3,595

1,262

_ . _ _ - _

Washington
.
Oregon
California
Idaho. _
. . . _.
Utah
Nevada
Arizona
Total Pacific States

Foreign deInterest and
partment
Collection
dividends
(except inon bonds, charges, com- terest on
Trust destocks, and
missions, foreign loans, partment
other securiinvestments,
fees, etc.
ties
and bank
balances)

244
125
329
82
103
188
106
85

_
_
.

.

Interest
and discount on
loans

13,200

6,060

929

44
27
99
18
13
6
5

4,177
2,336
33, 382
475
609
382
731

1,759
1,697
13, 665
273
325
207
196

268
83
1, 585
33
25
15
52

212

42,092

18,122

2,061

Service
charges on
deposit
accounts

Rent
received

Other
current
earnings

Total earnings from
current
operations

10

626
142
3,085
377
121
466
58
234

827
360
1,679
538
392
362
302
296

1,416
461
2,691
476
525
424
232
244

137
36
172
103
88
147
43
37

16,596
6,745
37,302
8,792
6 974
10,494
3 707
7,123

279

5,109

4,756

6,469

763

97,733

13
6
79
70
5
10
176
11
78

52
101
317
339
66
73
345
69
449

61
56
430
341
129
33
218
64
625

55
66
22
22
17
4
20
6
39

1 075
1,347
4,258
3,811
1 222
811
3,749
943
7,442

2

448

1,811

1,957

251

24,658

29
22
291

4

165
137
2,032
6
14
13
16

328
329
2,554
76
83
34
91

278
298
2,555
59
108
66
135

22
29
448
6
42
36
3

7,026
4,931
56,512
928
1 206
753
1,228

346

2,383

3,495

3,499

586

72, 584

1

1

Total United States (exclusive of possessions)
Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)
Virgin Islands of the United States (nonmember
bank)
Total possessions (nonmember banks)
Total United States and possessions

1

17

6

12

6

629

326

116

5,170

201,012

142, 063

New York City (central Reserve city)
Chicago (central Reserve city)
Other Reserve cities
Country banks (member banks)
Possessions (nonmember banks)

8
8
241
4,907
6

16,203
6,638
80, 514
97,028
629

19,363
11,898
53, 721
56, 755
326




5,164

200,383

141,737

11,286

4
1

93
519

36
284

22
82

15,105

20,098

25,853

6,926

424,874

1

3
15

10
20

8

173
925

5

1

18

31

8

1,134

11,402

3,491

15,106

20,116

25,884

6,934

426,008

Q

1,183
786
4,534
4,783
116

2,203
109
1,048
126
5

2,647
2,842
5,718
3,898
1

1,467
295
7,939
10,397
18

2,456
1,934
10,012
11,451
31

3,583
80
1,574
1,689
8

49,105
24,582
165,060
186,127
1,134

s

3,486
5

1

36

f

w
o

Or
O

TABLE N O . 27.—Earnings, expenses, and dividends of national banks for the period of 6 months ended June 30, 1940—Continued
OS

o

[In thousands of dollars]
Recoveries, profits on securities sold,
etc.

Expenses
Salaries and wages
Location

Officers

Employees
other than
officers

s

1

I I
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 VirginiaNorth Carolina..
South Carolina..
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States




265
233
169
2,114
166
726

150
169
HO
744
73
308

3,673 1,684
7,249
1,678
940
4,524 2,561
54
49
426
243
359
130
14,290 6,410
554
840
271
398
190
310
139
228
301
607
300
584
321
553
113
188
206
526
3,305 2,076
229
313
413
557
391
719

9,128 5,504

262
420
234
390
145
233
3,390 4,751
225
320
942

19
37
3
581
189

94
62
103
513
48
149

16,512
3,132
8,594
67
785
775
29,865

322 4,464
166 1,913
491 8,481
4
37
23
360
1,043 .6,001

969
834
2,110 3,159
588
407
961 2,007
6
27
96
247
62
157
3,823 3,004

845 1,425
445
670
287
488
231
397
783 1,329
802 1,191
684 1,015
184
320
915 1,387
2,941 4,6"
283
485
608 1,031
897 1,451

61
26
14
276
8
143
36
437
31
293
21
610
13
220
29
467
123 1,238
19
224
31
596
30

53
472
74
131
100
55
8
95
148
370
108
102
182
57
68
43
163
406
911 1,049
104
38
240
95
404
220

9,905 15,818

442 7,454

7 1,992 3,704

5,198
13,351
2,111
6,152
41
520
537
22, 712

7,318

254

540
205
303
1,333
124
616
3,121

1,542
1,11
937
11,918
90"
3,564

338
326
194
3,866
320
891
5,935

50
53
38
1,086
26
397
1,650
3,385
461
871
1
54
55
4,827

19,985

9,086

15,207
2,732
7,131
57
656
435
26, 218

45,866
9,595
29, 75:
282
2,672
1,933
90,100

20,674
4,268
16,453
155
1,338
708
43, 596

2,883
1,021
2,652
12
1,810
107
8,485

4,(391 2,074 426
2,295
932 291
67
1,437
609
33
990
550
72
3,513
1,573
39
1,050 2,970
1,712
112
902 3,010
1,361
48
252
969
280
68
965 3,471
1,222
13,878 7,230 1,083
4,!
1,409
578 100
428
128
705 2,832 1,157
111
1,236 4,487
1,902
13, 320 45, 952 21,180 2,578

95
37
16
19
27
379
31
56
429
456
44
81
158
1,828

1,075
595
395
277
1,132

524
441
6,246
396
1,214

187
41
56
362
188
143
977

311
98
90
1,975
151
404

14
19
9
270
9
52

3,029
373
12, 391 2,031
2,277
309
5,803
551
71
4
11
769
301
7
21,612 2,913

357
211
119
54
345
581
283
102
667
1,462
157
283
548
5,169

53
42
4
24
45
22
46
36
27
334
51
83
147
914

562
211
193

1,086
653
457
9,939
374
770
996
2,210
6,029 15,115
20,690 41,364
4,068
8,336
9,877 26,330
88
243
2,644
3,982
470
1,178
37,837 81,433
931
3,005
581
1,513
206
815
130
680
489 2,062
1,021
2,733
472 1,833
242
522
1,191
2,413
3,335 10,565
352
930
575
1,732
964 2,866
10, 489 31, 669

Ohio
.Indiana
Illinois.. I.Michigan. .
Wisconsin,.
Minnesota.
Iowa
Missouri...

1,924 1,077
823 629
4,064 1,673
1,009
902 %
1,503
609
1,021 459

2,482! 3,652
1,677
9,586
2,598
1,737
2,846
944
2,141

7,25;
1,937
1,351
1,911
525
1,363

11,855 5,927 17,824 25,181
Total Middle Western States
196 164
143 273
North Dakota..
278 215
161 308
South Dakota..
756 522
626 1,038
Nebraska
769 640
913
491
Kansas
143
211
182 317
Montana
160 103
178
1L
Wyoming.
596 337
708 1,017
Colorado.
93
142
148 223
New Mexico...
1,191
1,043 1,665
Oklahoma
4,299 3,101 3,617
Total Western States.
Washington..
997 472
1,435 2,073
Oregon
609 374
950 1, """
5,438 2,485 10,900 13,
California
162
131 244
Idaho
97
133
156 236
Utah
73
92
96
Nevada
146
51
180
270
Arizona
92
13, 938 18,357
7,611 3,594
Total Pacific States
Total United States (exclusive of
possessions)
50,856 26,120 73,194 102,471
Alaska (nonmember banks)
20
24
The Territory of Hawaii (nonmember
bank)
144 182
103
Virgin Islands of the United States (non18
member bank)
7
Total possessions (nonmember
banks)
172 223
67
134

Total United States and possessions. 50,990 26,177 73,366)
New York City (central Reserve city)
4,761
10,874 12,564
Chicago (central Reserve city)
2,089 348 5,182 6,030
16, 793 ',719 32,314 43,308
Other Reserve cities
27, 213
24,824140,569
Country banks (member banks)
134
172|
223
P ossessions (n onmember banks) _
67
1 Number at end of period.




109
47
135
38
48
71
21
32

2,579
1,260
3,422
1,386
1,163
1,335
453

3,348
1,259
7,799
1,895
1,344
2,212
870
1,466

501 12,186

254 1,144
144
581
758 2,468
145
358
126
198
656
26:
124
6:
320
208
2,041 5,777

20,193

144
132
289
271
124
116
409
91
538
2,114

44
50
28
29
112
171
86
116
36
78
12
47
105
199
19
48
95
424
537 1,162

221
271
958
808
294
133
769
171
1,472
5,097

21
7 697
135 10, 238
128
200
130
106
177 12,458

75 217
106
303
1,173 3,056
14
48
23
60
15
32
12
109
1,418 3,825

2,593 53,334

33 10, 645 21,441

3721
158
696
1,256
188
478
83

70, 380 27,353 4,250

3,824

806
924
2,946
2,575
939
589
2,816
624
4,795
17,014

67
29
1,061
182
25
15
298
18

423
1,312
1,236
283
319
2,647
7,644

45
46
428
176
229
57
271
100
491
1,843

1,973 283
5,053
1,349
1,290
120
3,641
969
9,567 40,508 16,004 1,604
289
16
152
639
415
48
212
791
263
4
124
490
253
33
296
975
20,487 2,108
12, 669 52, 097

102
67
909
346
204
432
35
156

2,739
1,304
10,200
4,019
1,423
2,053
456
1,912

7,495
2,937
21, 599
6,043
3,262
4,592
1,494
4,037

13, 781 2,251

24,106

51,459

174
145
2,288
562
333
191
1,131
203
1,207
6,234

443
568
3,600
1,798
616
413
2,064
522
3,854
13,878

1,516
862
6,927
2,213
674
533
146
910

51
49
672
105
479
450
2,075

1,793
22
73
548
45
10
2

360
644
6,441
45
70
12
16
7,588

703

11
21
127
71
11
14
83
17
168
523
46
539
12
11
3
4

733
2,706
2,173
883
9,132 25,136
407
118
554
139
284
21
309
56
11, 082 31, 569

83,432 295, 528 129,346 17, 256 17, 610 53,254 7,657 95, 777 225,123

15

112

61

91

586

28

23
187

4,756 749
1,633
217
11,399 1,668
2,024 204
1,839 357
2,539 610
1,038 192
2,125 253

11,840
5,112
25,903
6,768
5,135
7,955
2,C"

339

395
7

30
219

15

58

126

728

406

32

11

2,597 53, 553

33 10,660 21,499

83, 558 296,256 129, 752 17,267 17,618

119 966
31 1,825
533 18, 780
8 780
1, 910 31, 763
41 219

2,737
447 1,724
4,082 9,082
24 4,628 7,898
1
58

11, 755
5,151
33, 236
33, 290
126

32, 701 16,404 2,553
16,449 8,133 1,196
114,828 50, 232 5,826
131,550 54, 577 7,681
11
406
728

2,015
388
8,311
6,896

53,286

87
95,864 225,616

10,068 1,371 16,007
5,780 679 8,043
18, 989 2,476 35, 602
18, 417 3,131 36,125
32
87
36

2 Number of full-time and part-time employees at end of period.

32,411
16,176
85,834
90, 702
493

TABLE N O . 27.—Earnings, expenses, and dividends of national banks for the period of 6 months ended June SO,

1940—Continued

O5
to

[In thousands of dollars]
Losses and depreciation
Location
On loans

Maine
New Hampshire
Vermont
Massachusetts.
Rhode Island
Connecticut

......

Total

413
260
255
2,550
347
962

On preOn comferred stock m o n stock 1

32
22
16
120
5
88

Total

309
172
106
3,938
278
665

Total New England States
_

.
.

Total Eastern States... __. .__

__

...

Total Southern States

. .




_.

.

. . . _. _
... ..

-__...

_.

60
113
20
861
19
402

46
36
22
1,566
21
124

4,180

1,475

1,815

10,328

4,787

283

5,185

5,468

6,576
1,045
5,702
19
144
50

12, 393
2,714
10,885
124
2,479
268

'449
1,192
29
66
40

926
1,188
2,478
32
41
13

21,923
5,396
20,257
204
2,730
371

19,441
2,940
6,073
39
1,252
807

399
405
246

15,835
1,146
*«*

45
21

15,436
741
6,141
77
632
324

13, 536

_

434
118
85
2,886
265
392

2,858

_

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

Ohio
Indiana
Illinois
Michigan

On banking
Other
house, furni- losses and
depreciature and
tion
fixtures

28,863

3,804

4,678

50,881

30, 552

1,116

23, 351

24,467

355
141
39
74
132
843
321
104
698
772
79
414
431

117
92
52
38
326
236
102
10
158
708
45
109
170

. 143
170
20
14
90
68
371
38
42
316
62
60
157

965
612
139
170
656
1,253
1,089
230
1,014
3,028
242
780
1,029

2,040
901
676
510
1,406
1,480
744
292
1,399
7,537
688
952
1,837

20
32
8
19
13
7
119
24
46
170
17
41
85

1,008
293
248
329
780
495
381
45
334
3,535
351
714
786

1,028
325
256
348
793
502
500
69
380
3,705
368
755
871

3,090

.

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

On bonds,
stocks, and
other securities

Dividends

Net addition to
profits

4,403

2,163

1,551

11,207

20,462

601

9,299

9,900

717
227
1,163
207

1 085
881
3,884
2,671

499
194
699
251

214
136
617
119

2,515
1,438
6,363
3,248

4,980
1,499
15, 236
2,795

281
89
107
212

1,654
706
5,382
670

1,935
795
5,489
882

133
126
75
2,076
118
330

350
209
28
44
108
106
295
78
116
1 232
56
197
271

673
393
202
7,389
423
1,248

277
150
90
3,818
273
577

677
345

W i s c o n s i n __ Minnesota
Iowa
-. Missouri

._

T o t a l M i d d l e Western States
North Dakota
South D a k o t a .
Nebraska

_

.

_

.

.

.

__•_

Kansas
Montana...
_
._ _.
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon.
_
California
Idaho..
Utah
Nevada
Arizona
_
Total Pacific States

_

, ... .

...

. _

Total United States (exclusive of possessions)
Alaska (nonmember banks)
The Territory of Hawaii (nonmember bank)
Virgin Islands of the United States (nonmember bank)
Total possessions (nonmember banks)
Total United States and possessions
New York City (central Reserve city)
Chicago (central Reserve city)
-_..,
Other Reserve cities
Country banks (member banks). Possessions (nonmember banks)

188
118
133
167

139
146
51
1,558

1,189
2,050
519
3,003

2,073
2,542
975
1,034

151
71
41
39

595
1,659
290
1,255

746
1,730
331
1,294

11,425

2,249

2,980

20, 325

31,134

991

12, 211

13, 202

135
45
210
209
147
64
193
100
403

92
61
1,440
230
184
34
387
52
85

30
35
142
194
24
27
132
41
313

59
46
64
98
9
3
35
5
105

316
187
1,856
731
364
128
747
198
906

127
381
1,744
1,067
252
285
1,317
324
2,948

11
24
24
23
5
10
22
4
29

140
194
945
576
322
121
461
131
1,649

151
218
969
599
327
131
483
135
1,678

2,565

938

424

5,433

8,445

152

4,539

4,691

289
83
4,492
12
35
2
32

- -.

573
1,339
172
820

1,506

. - - - . . . .

289
447
163
458
3,671

._

258
306
2,721
99
124
13
17

235
166
1,318
17
24
2
46

89
402
3,555
3
29
5
31

871
957
12,086
131
212
22
126

1,835
1,216
13,050
276
342
262
183

31
2
549
4
14
1
18

831
284
7,902
91
388
127
119

862
286
8,451
95
402
128
137

4,945

1.808

4,114

14,405

54, 974

12, 437

15, 562

112, 579

112, 544

25

___

3,538

29,606

1
11
2

2
24
1

1
2

4
62
3

87
333
4

17,164

619
3,762

9,742

10, 361

64, 327

68,089

35
134
1

35
134
1

25

14

27

3

69

424

170

170

29,631

54,988

12,464

15, 565

112,648

112,968

3,762

64,497

68,259

4,907
605
10, 386
13, 708
25

9,365
2,667
19, 225
23, 717
14

1,471
366
4,688
5,912
27

180
395
7,771
7,216
3

15, 923
4,033
42,070
50, 553
69

16, 488
12,143
43, 764
40,149
424

2
11
1.538
2,211

14,055
4,260
25, 833
20,179
170

14, 057
4,271
27,371
22, 390
170

i I n c l u d e s 431 stock d i v i d e n d s aggregating $6,292,000.




CO

TABLE NO. 28.—Earnings, expenses, and dividends of national banks, by Federal Reserve districts, for the period of 6 months ended June 30, 1940
[In thousands of dollars]
District District District District District District District District District District District District
Grand
NonNo. 4
No. 3
No. 1
No. 2
No. 5
No. 6
No. 7
No. 8
No. 9
No. 10 No. 11 No. 12 member
total
(503
(583
(308
(588
(336
(539
(264
5,170
(316
(377
(657
(211
(482
banks
banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) banks) (6 banks) banks)
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks,
and other securities
Collection charges, commissions, fees, etc.
Foreign department (except interest on
foreign loans, investments, and bank
balances)
_
Trust department
Service charges on deposit accounts
Rent received
Other current earnings

14,041

29,873

15,748

13,806

10,816

12,180

20,237

8,171

7,196

12, 587

13,660

42,068

629

201,012

8,290
332

29,194
1,584

15,818
329

13,828
424

5,904
410

6,107
1,043

23,927
1,979

5,001
634

4,936
1,395

5,764
592

4,856
508

18,112
2,056

326
116

142,063
11,402

362
1,277
1,523
1,760
539

2,216
3,372
3,384
4,124
3,804

160
746
998
2,108
247

62
879
1,248
2,460
233

13
553
994
1,020
153

77
599
1,192
1,720
134

213
3,733
2,986
4,026
398

10
218
625
776
227

16
494
681
769
306

3
595
1,717
1,764
122

10
256
1,258
1,830
178

344
2,383
3,492
3,496
585

5
1
18
31
8

3,491
15,106
20,116
25,884
6,934

Total earnings from current operations _ 28,124

77, 551

36,154

32,940

19,863

23,052

57,499

15,662

15,793

23,144

22,556

72, 536

1,134

426,008

3,550
4,984
1,526

8,631
15,146
3,188

3,603
4,672
2,159

3,601
4,779
2,059

2,515
2,827
1,498

2,787
3,711
1,458

6,507
11,412
2,802

2,172
2,366
1,388

2,472
2,603
1,579

3,894
3,599
2,655

3,527
3,167
2,224

7,597
13,928
3,589

134
172
57

26,177

7,0U

19,098

6,692

6,866

4,473

5,868

15,889

8,987

4,102

5,734

4,988

18,340

223

102,694

245
2,962

448
6,103

466
6,161

206
5,843

166
3,352

145
2,632

227
6,523

109
2,035

136
2,081

136
1,834

132
1,359

177
12,449

4
219

2, 597
53, 553

1
786
943
5,722

4
2,547
3,491
17,462

5
754
1,471
5,715

707
1,922
5,834

1
344
1,185
3,370

3
674
1,220
4,822

3
1,147
3,331
12,133

470
903
3,037

416
847
3,310

12
437
1,127
4,788

3
954
1,176
4,578

1
1,409
3,825
12,661

15
58
126

33
10 660
21,499
83,558

19,193

53,832

22,847

22,892

13,760

15,994

41, 283

11,092

11,865

15,827

14,896

52,047

728

296, 256

8,931

23, 719

13,307

10,048

6,103

7,058

16,216

4,570

3,928

7,317

7,660

20,489

406

1297752

Expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers (end of period)
Number of employees other than officers
{end of period)
Fees paid to directors and members of
executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed
money..
Real estate taxes
Other taxes
Other expenses
Total current expenses.
Net earnings




50,990
73,366

Recoveries, profits on securities sold, etc.:
Recoveries on loans
_
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
Allother
Total

1,599

3,768

575

1,261

904

375

2,493

457

977

1,617

1,123

2,107

11

17, 267

939
2,880
364

3,679
14, 232
2,221

1,040
4, 706
431

2,313
3,415
379

2,064
1,773
134

960
2,428
198

2,110
10,189
1,481

894
1,476
434

756
926
493

1,680
2,133
483

472
1,513
357

703
7,583
682

8
32
36

17, 618
53, 286
7,693

5,782

23,900

6,752

7,368

4,875

3,961

16, 273

3,261

3,152

5,913

3,465

11,075

87

95,864

Total net earnings, recoveries, etc

14,713

47,619

20,059

17,416

10,978

11,019

32,489

7,831

7,080

13, 230

11,125

31,564

493

225,616

Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture, and fixtures.
Other losses and depreciation

2,801
4,067
1,437
1,751

7,237
14,333
2,385
1,557

5,596
8,231
961
2,623

1,379
4,920
970
774

813
3,337
391
378

898
2,261
910
719

1,791
7,149
1,362
954

731
1,752
340
1,753

855
2,218
239
300

1,281
2,366
912
318

1,279
802
722
322

4,945
3,538
1,808
4,113

25
14
27
3

29 631
54,988
12,464
15, 565

10,056

25, 512

17, 411

8,043

4,919

4,788

11, 256

4,576

3,612

4,877

3,125

14,404

69

112,648

4,657

22,107

2,648

9,373

6,059

6,231

21, 233

3, 255

3,468

8,353

8,000

17,160

424

112,968

254
i 5,137

678
2 16,021

324
3 5,177

369
* 3, 307

144
»2, 797

290
6 2, 384

520
7 7,149

120
8 2, 390

139
9 2,429

132
io 4,110

173
ii 3,694

619
12 9,732

13 170

3,762
64,497

5,391

16, 699

5,501

3,676

2,941

2,674

7,669

2,510

2,568

4,242

3,867

10,351

170

68,259

Total
Net addition to profits
Dividends:
On preferred stock
On common stock
Total

_.

1 Includes 16 stock dividends aggregating $519,000.
2 Includes 34 stock dividends aggregating $390,000.
3
Includes 22 stock dividends aggregating $99,000.
* Includes 30 stock dividends aggregating $393,000.
* Includes 22 stock dividends aggregating $402,000.
« Includes 9 stock dividends aggregating $153,000.
7
Includes 71 stock dividends aggregating $866,000.




8
9

Includes 20 stock dividends aggregating $183,000.
Includes 44 stock dividends aggregating $346,000.
i° Includes 71 stock dividends aggregating $1,245,000.
11 Includes 61 stock dividends aggregating $1,256,000.
13 Includes 30 stock dividends aggregating $439,000.
2
1 Includes 1 stock dividend of $1,000.

O

o

TABLE NO. 29.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1939
TOTAL UNITED STATES
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec.
$100,000 $100,001 $250,001 $500,001 $750,001
to
to
to
and
to
under
$250,000 $500,000 $750,000 $1,000,000
N u m b e r of b a n k s
Total deposits 2

_ - .

Capital stock,2par value 2
_ _
_
Capital funds
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds,
stocks, and other securities
Collection charges, commissions,
fees, etc
Foreign department (except interest on foreign loans, investments, and bank balances)
Trust department
Service charges on deposit accounts
. .Rent received _
Other current earnings
Total earnings from current
operations
Expenses:
Salaries and wages:
Officers
. Employees other than officers_
3
Number of officers __
Number
of employees
than officers 4

other

Fees paid to directors and members of executive, discount, and
advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money
Real-estate taxes _
Other taxes
.__ _
Other expenses.. _ ___
Total current expenses
Net earnings-




30, 1939, of-

OS
O

Operat-

$1,000,001
to
$2,000,000

$2,000,001 $5,000,001, $50,000,001 $100,000,001
to
to
to
and
$5,000,000 $50,000,000 $100,000,000
over

Total

ing less
thanl
year 1

Total

22
1,759
695
935

340
64,152
11, 250
17,080

890
335,576
39,962
66,087

709
440,455
40,060
74,361

546
471,742
39,241
74,587

1,161
1,632,089
124,005
245, 457

873
2, 671,147
177,750
375,431

556
6,972,806
366,056
766, 252

35
2, 311,144
110,710
239,042

118

2,664

10, 607

12,019

11,463

35, 590

49,780

95,005

24,824

144,494

386, 564

760

387,324

17

710

4,058

5,626

6,270

21,937

35, 230

68,533

16,991

138,101

297,473

369

297,842

8

178

783

814

715

2,040

2,416

5,244

1,124

8,935

22,257

80

22,337

2

2
134

28

60

9
334

57
1,692

377
7,879

214
2,800

6,147
18,474

6,806
31,403

18

6,806
31,421

1
3
1

180
102
45

834
620
159

1,029
856
170

1,016
826
186

3,624
2,953
487

5,899
5,703
1,013

12,424
16,332
1,955

2,044
4,872
425

10, 314
19,577
8,781

37,365
51,844
13, 222

120
117
21

37,485
51,961
13,243

148

3,881

17,197

20, 542

20,536

66,974

101,790

207,749

53, 294

354,823

846,934

1,485

848,419

51
4
45

1,111
190
806

4,015
1,122

4, 208
1,613
2,207

3,800
1,849
1,777

10,753
7,416

4,342

13,694
13,859
4,018

25,110
36,159
4,809

5,618
9,902
766

32,140
73, 712
4,372

100,500
145,826
25,593

233
267
80

100,733
146,093
25,673

8

349

1,625

1,954

1,958

6,601

10, 568

25,467

6,535

44,086

99,146

309

99, 455

44

230

280

270

858

1,121

1,512

250

749

5,314

10

5,324

5

392

2,519

3,454

3,873

12,864

19,804

30,816

4,130

36,150

114,007

284

114,291

1
2
6
38

6
104
179
732

16
477
802
3,438

9
447
797
3,358

19
1,652
2,551
10,859

9
2,730
3,779
17,030

1
8,890
13,790
67,410

2,758

14, 288

46,972

72, 026

35, 778

100
21,790
32,600
159,880
580,017

60
21
372
1,247

41

1,123

5,026

6,254

14,403
6,133

25
5,916
7,530
41,604
148,672

1,169
2,448
12, 261

107

14
403
718
3,150
12,171

20,002

29,764

59,077

17, 516

266,917

238

100
21,850
32,621
160,252
581,264
267,155

43
5,175
16, 652,672 31, 553,542
621,883 1,531,612
1, 539, 573 3,398,805

232,842
121,981

18
5,193
82,073 31,635,615
5,935 1, 537, 547
9,224 3,408,029

Recoveries, profits on securities sold,etc.:
50
39,927
8,112
21,657
39,877
2,308
3,366
662
226
2,047
720
Recoveries on loans
- _
773
6
Recoveries on bonds, stocks, and
12,362
344
159
33,472
34
542
12,174
511
33,631
2,226
3,816
other securities
1,463
1,143
1,858
222
62,101
124,698
11,777
30, 542
124,920
165
1,636
7,033
Profits on securities sold.
8,438
5
252
1,477
232
65
12,416
3,212
5,202
12,481
750
1
All other
49
253
988
496
101, 322
474
12, 317
20,436
54,040
12,936
12
Total
210,463
210,959
2,439
3,204
3,283
Total net earnings, recoveries,
9,458
9,416
734
32, 319
50, 200
113,117
30,452
223, 303
477, 380
478,114
1,597
7,465
53
etc
Losses and depreciation:
6,346
13,141
4,114
371
1,430
4,206
On loans
111
34,920
67,060
1,196
1,313
67,171
23
On bonds, stock, and other securi13, 359
1
31,902
1,126
1,845
7,507
6,148
299
44,913
109,079
109,378
151
2,127
ties
On banking house, furniture and
5
3,551
572
6,789
27, 922
628
2,159
29
11,429
27, 893
611
2,010
139
fixtures
3,025
5,677
1,198
22,067
425
Other losses and depreciation
87
9,020
21,980
4
1,689
109
415
418
526
33
770
100, 282
226,012
226, 538
4,476
15, 561
26, 281
57, 509
13,470
3,309
4,321
Total
55, 608
251, 368
251, 576
23, 919
16, 982
4,156
123,021
208
4,940
5,137
Net addition to profits
16, 758
20
827
Dividends:
1,379
On preferred stock
18
206
748
2,676
188
2,681
8,893
8,911
235
753
27
On common stock
8 2, 269
io 9, 910 ii 21,147
12 9,072
13 75,661
"101
130, 576
12
130,475
9 7,228
5 469 6 2, 201 7 2, 506
11, 289
7,981
2,741
Total
_
78, 342
2,475
23, 823
12
2,389
139, 368
119
139,487
9,820
496
Percent
Percent
Percent
Percent
Percent
Percent
Ratios to total earnings:
Percent
Percent Percent
Percent Percent Percent Percent
48.90
46.58
40.72
55.82
53.14
Interest and discount on loans
45.64
45.73
58.51
51.18
45.65
61.68
68.64
79.73
Interest and dividends on invest38.92
35.13
34.61
31.88
32.99
ments _
24.85
35.11
30.53
32.76
11.49
23.60
18.29
27.39
3.84
5.98
2.91
4.41
8.08
4.42
4.95
5.80
5.41
4.85
5.01
.67
4.64
Service charges
17.45
14.82
15.89
14.82
17.70
8.70
10.69
8.69
15.30
8.11
9.87
9.09
All other current earnings
8.43
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
100.00
Total current earnings
30.22
29.59
28.82
28.17
31.21
30.04
34.34
28.41
29.71
29.72
37.16
29.70
Salaries, wages and fees
34.65
14.83
18.86
19.46
19.20
10.19
19.12
7.75
14.65
13.46
13.47
3.38
16.82
10.10
Interest on deposits
22.52
26.51
22.46
23.13
25.39
30.51
29.79
31.76
23.04
25.31
25.32
26.31
24.91
All other current expenses
68.48
68.51
65.62
83.97
67.13
70.14
70.76
72.30
70.13
71.56
71.06
70.77
69.56
Total current expenses
31.52
34.38
32.87
29.86
29.24
28.44
29.23
16.03
29.87
30.44
27.70
28.94
Net current earnings
._..__
31.49
Net losses and depreciation, less
-2.02
-1.84
-5.81
-5.74
-1.84
+.29
-4.85
-1.67
-1.00
-5.06
-5.44
-14.19
-7.63
profits on securities sold »
34.67
29.68
14.01
29.65
24.05
23.50
31.87
13.51
24.17
25.00
25.02
26.77
Net profits
21.31
8
Includes 69 stock dividends aggregating $271,000.
1 This column includes all figures (except number of banks) of banks which were active
9
Includes 130 stock dividends aggregating $1,080,000.
on June 30,1939, but were inactive on Dec. 31,1939.
i° Includes 72 stock dividends aggregating $1,271,000.
2 The deposits, capital stock, and capital funds shown in this table are as of end of period.
The latter represents the aggregate book value of capital stock, surplus, undivided profits,
1 Includes 42 stock dividends aggregating $2,724,000.
1
12
reserves, and retirement funds for preferred stock.
Includes 3 stock dividends aggregating $1,132,000.
3
Number at end of period.
is Includes 1 stock dividend of $750,000.
4
Number of full-time and part-time employees at end of period.
14 Includes 2 stock dividends aggregating $8,000.
15
5 Includes 29 stock dividends aggregating $52,000.
Minus figures represent the excess of gross losses and depreciation over profits on see Includes 153 stock dividends aggregating $493,000.
curities sold and recoveries; plus figures, the opposite.
' Includes 123 stock dividends aggregating $528,000.




TABLE NO. 30.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1939, by Federal Reserve
districts
DISTRICT NO. 1
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 30,193£,of—
$100,001

to

$250,000

Number of banks
Total deposits
..
Capital stock, par value
Capital funds...
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks,
and other securities
Collection charges, commissions, fees, etc..
Foreign department (except interest on
foreign loans, investments, and bank balances)..
_
Trust department
Service charges on deposit accounts.. .
Rent received _ _.
Other current earnings
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
__
__.
Employees other than officers
3
Number of officers . .
Number of employees other than officers *

Fees paid to directors and members of executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money
Real estate taxes
Other taxes
Other expenses
._
Total current expenses
Net earnings




14

$250,001
to
$500,000
36

2,440
809
1,355

14,054
2,677
4,975

95

392

38
2

231
12

$500,001 $750,001 $1,000,001 $2,000,001 $5,000,001 $50,000,001 $100,000,001
to
to
to
to
to
to
and
$750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,000
over
102,084
8,936
18,666

226,351
17,391
34,866

50

3

27,742
2,990
6,608

511, 706
34, 353
74,435

228,827
8,500
21,764

486

708

2,082

4,481

8,172

1,706

9,211

261
16

393
19

1,542
63

3,028
111

5,835
172

845
106

6,077
247
678

28

17,846
2,322
4,765

32

71

73

1

11

35

224

3

Total

Operating less
thanl
year2

Total

1
4,116
510
682

2,106,645
119,301
299,042

27,333

43

27,376

18,250
748

25
1

18, 275
749

5
11
3

310

971,479 2,102,529
40,813
118,791
130,926
298,360

311

877

97
58
10
1,298

282
193
41
4,239

554
382
98
8,889

958
1,188
180
17,539

146
204
10
3,560

770
1,492
759
19,979

787
2,515
2,931
3,596
1,118
57, 278

88

787
2,515
2,936
3,607
1,121
57,366

156
98
90
101

167
114
82
108

216
165
92
149

625
580
249
480

1,154
1,327
297
960

2,203
2,984
860
1,986

557
773
82
518

1,929
3,862
222
2,538

7,050
9,917
1,509
6,857

11
13
8
1

7,061
9,930
1,512
6,858

18
101
1
17
35

22
193
1
30
55

53
806
2
102
142

115
1,737

44
830

160

237

802

103
45

546

158
611

919

203

266

379

3,112
1,127

481
6,624
8
1,738
1 505
11,012
38, 335
18, 943

1

52

32

190
2,842
1
565
483
3,376
12,644
4,895

26

s

11
61
3
20
37

482
6,644
8
1,740
1 505
11,033
38, 403
18, 963

1

8

10
1
1

57
45
4

57
33
15

148

749

43
14
35
22
2
2

2

9

13

245
279
1,516
6,373
2,516

40

57

994

486

96
141
940

2,585
975

745

661
325
3,791
11, 442
8,537 |

20
2
21
68
20

00

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
_
to
Profits on securities sold
£2
Allother
g
Total
]».
Total net earnings, recoveries, etc
i_i
*o

Losses and depreciation:
Onloans
.
On bonds, stocks, and other securities
On banking house, furniture and fixtures.._
Other losses and depreciation _ _
Total
Net addition to profits

2

18

23

32

87

348

995

61

999

28
75
9

109
108
6

65
80
2

345
655
30

507
1,191
77

1,228
2,705
261

146
594
65

714
2,292
212

3,144
7,708
663

4
10

3,148
7,718
663

13

130

246

179

1,117

2,123

5,189

866

4,217

14,080

14

14,094

58

333

512

558

2,244

4,639

10,084

1,841

12, 754

33,023

34

33,057

10
10
2
2

64
61
10
24

86
191
26
17

113
162
20
34

276
630
113
69

705
1, 577
274
246

1,294
3,130
497
506

251
252
50
11

3,283
1,783
668
764

6,082
7,796
1,660
1,673

6
11
2
27

6,088
7,807
1,662
1,700

24

159

320

329

1,088

2,802

5,427

564

6,498

17, 211

46

17, 257

34

174

192

229

1,156

1, 837

4,657

1,277

6,256

15, 812

«12

15,800

59
418
477

207
»698

259
i° 2, 417

5,121

554
9,860

4

844

558
9,860

905

2,676

844

5,121

10, 414

4

10, 418

Percent
49.12
36.38
6.65
7.85

Percent
50.41
34.07
6.23
9.29

Percent
46.59
33.27
5.46
14.68

Percent
47.92
23.74
4.10
24.24

Percent
46.10
30.42
3.85
19.63

Percent
47.72
31.86
5.12
15.30

Percent
48.86
28.41
5.68
17.05

Percent
47.72
31.86
5.12
15.30

100.00
29.68
19.01
24.72
73.41
26.59

100.00
29.21
19.54
22.95
71.70
28.30

100.00
30.66
16.20
25.23
72.09
27.91

100.00
38.09
1.46
33.06
72.61
27.39

100.00
29.21
4.15
23.91
57.27
42.73

100.00
30.46
11.57
24.90
66.93
33.07

100.00
28.41
22.73
26.13
77. 27
22.73

100.00
30.46
11. .r,8
24.90
66.94
33.06

+.68

-7.64
20.66

-1.36
26.55

+8.48

-11.42
31.31

-5.47
27.60

-36.36
-13.63

-5.52
27.54

Dividends:
11
4
14
On preferred stock
24
136
On common stock
7 111
6 91
24
122
95
150
Total
. - Percent
Percent
Percent
Percent
Ratios to total earnings:
64.19
55.42
52.34
54.55
Interest and discount on loans
25.67
29.76
30.84
30.28
Interest and dividends on investments
6.76
6.50
7.61
7.47
Service charges _
3.38
8.32
9.21
7.70
All other current earnings
100.00
100.00
100.00
Total current earnings
100.00
34.09
39.87
Salaries, wages, and fees.35.38
31.05
11.52
1.35
8.15
14.87
Interest on deposits
29.37
24.06
28.37
24.88
All other current expenses
69.59
72.90
69.67
Total current expenses
70.80
30.41
30.33
27.10
29.20
Net current earnings
Net losses and depreciation, less profits on
-7.44
-8.44
-3.87
securities sold n
-11.56
21.89
22.97
23.23
17.64
Netprofits
1 Includes 2 banks with deposits of $25,000 and $95,000, respectively.
2 This column includes allfigures(except number of banks) of banks which were active
on June 30,1939, but were inactive on Dec. 31,1939.
3 Number at end of period.
* Number of full-time and part-time employees at end of period.
«Deficit.
e Includes 3 stock dividends aggregating $4,000.




2,565

2,565

2
8
1

8

27.27

35.87

i Includes 1 stock dividend of $5,000.
8
9 Includes 3 stock dividends aggregating $28,000.
Includes 1 stock dividend of $2,000.
i° includes 4 stock dividends aggregating $601,000.
11
Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plusfigures,the opposite.

TABLE NO. 30.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1939, by Federal Reserve
districts—Continued
DISTKICT NO. 2
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 30, 193c ,of—
$100,001 $250,001 $500, 001 $750,001 $1,000,001 $2,000, 001 $5,000,001 $50,000,001 $100,000,001
to
to
to
to
to
to
to
and
to
over
$250,0001 $500,000 $750,000 $1, 000,000 $2,000, 000 $5,000,000 $50, 000,000 $100,000,000
Number of banks
Total deposits
..
Capital stock, par value
Capital funds

_....,_.__.

Gross earnings:
Interest and discount on loans _ .
Interest and dividends on bonds, stocks,
and other securities
-. .
Collection charges, commissions, fees, etc...
Foreign department (except interest on
foreign loans, investments, and bank
balances)
Trust department
Service charges on deposit accounts
Rent received.. _.
Other current earnings
Total earnings from current operations...
Expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers 3
Number of employees other than officers 4_
Fees paid to directors and members of executive, discount, and advisory committeesInterest on time and savings deposits. _..
Interest and discount on borrowed money..
Real estate taxes
Other taxes
..
Other expenses
Total current expenses
N^t earnings




_.

24, 820
3,324
5,277

41, 359
4,931
8,889

70
60, 822
6,337
10,866

236,136
21,128
36,857

100

667

1,046

1,304

63
5

398
28

646
39

963
57

9
4
2

62
29
18

7
121
59
18

183

1,202

48
9
35
18

Total

less than
1 year 2

Total

428, 881
35, 659
60,959

72
774, 509
49, 715
94,454

4,521

7,148

11,115

1,384

30,579

57,864

89

57,953

3,558
180

6,226
286

8,736
304

1,603
56

39, 275
2,544

61, 468
3,499

36
2

61,504
3,501

6
163
95
25

59
574
397
81

9
270
1,178
982
142

77
1,114
1,932
1,784
197

9
327
139
122
12

4,179
5,347
1,869
5,224
5,941

4,274
7, 130
6,047
8,696
6,436

1
12
33

4,274
7,131
6,059
8,729
6,436

1, 936

2,613

9,370

16, 241

25, 259

3,652

94, 958

155,414

173

155,587

259
91
163
110

360
196
193
201

454
258
US

1,450
1,081
568
914

2,101
2,305
599
1,709

3,014
4,417
537
3,088

395
735
46
479

8,891
20,696
781
11,880

16, 972
29,788
3,135
18,644

20
35
7
39

16,992
29,823
3,142
18,683

2
34
1
4
4
40

20
228
2
29
23
240

22
355
2
45
47
350

35
526

203
3,446
5
618
293
3,056

218
4,763
1
897
525
5,231

28
296

61
63
476

131
1,987
4
287
223
1,672

87
120
859

203
1,873
1
3,021
2,311
21, 654

862
13, 508
16
5,049
3,609
33,578

142

892

1,377

1,873

6,835

12,027

19,066

2,520

58, 650

103, 382

41

310

559

740

2,535

4,214

6,193

1,132

36,308

52,032

17

3,331
588
985

66

66

162

134

3

187, 429
6,725
16, 956

5
595
5, 700,601 7, 457, 888
201, 770 330, 177
553, 457 788, 700

1

18, 665
1,350
1,710

596
7,476, 553
331,527
790,410

50

862
13, 561
16
5,071
3,609
33, 628

180

103, 562

53
22

8—7

52,025

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bond, stocks, and other securities
Profits on securities sold
Allother

3

49

63

116

357

774

1,385

210

12, 460

15,417

9

15,426

5
18
3

57
114
7

92
276
22

102
370
23

517
1,512
120

873
2,831
340

1,235
5,387
344

81
1,023
147

2,930
17,137
1,437

5,892
28,668
2,443

86

5,892
28, 754
2,443

29

227

453

611

2,506

4,818

8,351

1,461

33, 964

52,420

95

70

537

1,012

1,351

5,041

9,032

14, 544

2,593

70, 272

104,452

17
27
6
2

89
225
37
24

136
384
64
37

168
512
74
51

623
2,074
343
308

1,430
3,494
598
1,074

1,789
4,609
805
1,081

420
1,088
82
150

7,571
17, 266
5,003
1,760

12, 243
29, 679
7,012
4,487

40
38
1
1

12,283
29, 717
7,013
4,488

52

375

621

805

3,348

6,596

8,284

1,740

31, 600

53, 421

80

53, 501

18

162

391

546

1,693

2,436

6,260

853

38, 672

51,031

8

51,039

4
7
11

30
6 58
88

67
U19

256
9 512

32, 900

1,467
36, 788

186

60
8
181
241

768

1,435

2,177

449

32, 900

38, 255

Percent
54.64
34.43
4.92
6.01

Percent
55.49
33.11
5.16
6.24

Percent
54.03
33.37
6.25
6.35

Percent
49.91
36.85
6.24
7.00

Percent
48.25
37.97
6.13
7.65

Percent
44.01
38.34
7.25
10.40

Percent
44.00
34. 59
7.65
13.76

Percent
37.90
43.89
3.81
14.40

Percent
32.20
41.36
1.97
24.47

Percent
37.23
39.55
3.89
19.33

Percent
51.44
20.81
6.94
20.81

Percent
37.25
39.53
3.89
19.33

Total current earnings

100. 00

100.00

100. 00

100.00

100. 00

100.00

100. 00

100. 00

100. 00

100.00

100. 00

100.00

Salaries, wages and fees
Interest on deposits
All other current expenses
Total current expenses

32.24
18.58
26.78
77.60

30.78
18.97
24.46
74.21

29.86
18.34
22.93
71.13

28.59
20.13
22.96
71.68

28.41
21.20
23.33
72.94

28.38
21.22
24.45
74.05

30.28
18.86
26.34
75.48

31.70
8.11
29.19
69.00

31.37
1.97
28.42
61.76

30.64
8.69
27.19
66.52

31.79
30.64
41.62
104. 05

30.64
8.72
27.20
66.56

Total
Total net earnings, recoveries, etc
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures...
Other losses and depreciation
Total
Net addition to profits
Dividends:
On preferred stock
On common stock
Total
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings

Net current earnings
Net losses and depreciation, less profits on
securities sold 12
Net profits

22.40

25.79

28.87

28.32

27.06

25.95

-12.57

-12.31

-8.67

-7.42

-8.99

-10.95

9.84

13.48

20.20

20.90

18.07

15.00

1 Includes 1 bank with deposits of $100,000.
Includes also figures of first 6 months for 1 bank which was inactive Dec. 31,1939.
3 Number at end of period.
4
Number of full-time and part-time employees at end of period.
s Deficit.
6 Includes 3 stock dividends aggregating $6,000.
7 Includes 4 stock dividends aggregating $11,000.
2




482
i° 953

8
9

11

568
1,609

24.52
+.26
24.78

449

88

52, 515
104, 540

1,467
36, 788
38,255

33.44

31.00

38.24

33.48

-7.64

+2.49

-.64

-8.67

-.63

23.36

40.73

32.84

4.62

32.81

Includes 11 stock dividends aggregating $44,000.
Includes 9 stock dividends aggregating $51,000.
i° Includes 14 stock dividends aggregating $261,000.
11
Includes 4 stock dividends aggregating $201,000.
12
Minus figuresVepresent the excess of gross losses and depreciation over profits on securities sold and recoveries; plus figures, the opposite.

TABLE NO. 30.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1939, by Federal Reserve
districts—Continued
DISTRICT NO. 3
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 30, 1939, of—
$100,001
to
$250,000
Number of banks
Total deposits
Capital stock, par value
Capital funds
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and
other securities
Collection charges, commissions, fees, etc _ __
Foreign department (except interest on foreign
loans, investments, and bank balances)
Trust department
_
.
Service charges on deposit accounts..
Rent received
Other current earnings...
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers2
Number of employees other than officers 3
Fees paid to directors and members of executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money
Real estate taxes
Other taxes
._
Other expenses
Total current expenses
Net earnings

_-




$250,001 $500,001 $750,001 $1,000,001 $2, 000, 001 $5,000,001 $50,000,001
to
to
to
to
to
to
to
$500,000 $750,000 $1, 000,000 $2,000,000 $5,000,000 $50, 000,000 $100,000,000!

22
4,677
868
1,318

90
34,243
4,627
7,958

75
46,916
5,078
9,895

67
58,281
5,792
11,325

148
209,664
20,033
42,411

130
389,456
27,479
76,192

148

971

1,187

1,399

4,538

7,862

76
3

604
19

886
32

1,041
35

3,979
97

7,056
151

5
10
2

37
56
9

2
54
111
8

14
56
109
11

71
229
415
62

2
389
560
869
89

244

1,696

2,280

2,665

9,391

58
11
43
21
6
58
2
10
44
189

302
98
209
156

362
146
196
165

40
453
1
28
75
276

63
606
3
46
84
331

376
213
185
214
63
717

1,273

1,641

55

423

639

Total

Operating
less than
1 year

Total

7
1,014,177
35,185
104,904

586
2,228, 532
131,880
337,896

586
2,228, 532
131,880
337,896

7,263

7,671

31,039

31,039

7,431
131

12, 550
195

33,623
663

33, 623
663

12
635
513
1,656
109

257
420
341
1,094
173

271
1,531
1,795
4,320
463

271
1,531
1,795
4,320
463

16,978

17, 750

22, 701

73, 705

73, 705

1,126
885
493
759

1,727
1,862
554
1,363

1,628
2,425
304
1,593

1,637
3,756
152
2,180

7,216
9,396
2,136
6,451

7,216
9.396
2,136
6,451

199
2,458
8
204
386
1,319

287
4,269
1
390
814
2,318

173
3,557
6
651
785
2,684

121
1,509
359
1,174
3,765

952
13,627
19
1,726
3,435
11,130

1,915

6,585

11,668

11,909

12,321

952
13, 627
19
1,726
3,435
ii, lao
47, 501

47,501

750

2,806

5,310

5,841

10,380

26, 204

26,204

46
107
393

47
471,118
32,818
83,893

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold
_ .
Allother

4

9

22

10

83

148

246

4
25
1

50
191
15

83
239
13

92
287
17

290
1,364
80

555
2,195
159

569
2,853
253

665

1,187

1,187

4, 387
352

1 998
11, 541
890

1 998
11,541
890

34

265

357

406

1, 817

3,057

3,921

5,759

15,616

15,616

Total net earnings, recoveries, etc

89

688

996

1,156

4,623

8,367

9,762

16,139

41,820

41,820

Losses and depreciation:
On loans
«__
_On bonds, stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation

10
25
8
3

83

143

255
55
33

348
67
53

46

426

43

262

Total...

Total

-

-

Net addition to profits..

_

Dividends:
On preferred stock _. __ _
On common stock

6

705

1,142
2,638
493
486

2,278
3,287
661
825

3,793
3,684
430
821

8,295
12,184
2,113
2,706

8 295
12,184
2,113
2,706

611

748

2,920

4,759

7,051

8,737

25, 298

25, 298

385

408

1,703

3,608

2,711

7,402

16, 522

16, 522

31

7 171

8 786

103

« 1, 859

209

10 1,971

161

5,498

670

670

10, 526

10, 526

108

184

199

890

1,962

2,180

5,659

11,196

Percent
57.25
35.62
2.18
4.95

Percent
52.06
38.86
2.37
6.71

Percent
52.50
39.06
2.10
6.34

Percent
48.32
42.37
2.44
6.87

Percent
46.31
41. 56
3.30
8.83

Percent
40.92
41.86
2.89
14.33

Percent
33.79
55.29
1.50
9.42

Percent
42.11
45.62
2.44
9.83

100.00
___

100.00

100.00

100.00

100.00

100.00

100.00

100. 00

100.00

100.00

30.74
23.77
22.95

25.94
26.71
22.41

25.04
26.58
20.35

24.47
26.90
20.49

23.53
26.18
20.41

22.83
25.14
20.75

23.81
20.04
23.24

24.29
6.65
23.34

23.83
18.49
22.13

23.83
18 49
22.13

77.46

75.06

71.97

71.86

70.12

68.72

67.09

54.28

64.45

64.45

22.54

24.94

28.03

28.14

29.88

31.28

32.91

45.72

35. 55

35.55

-4.92

-9.49

-11.14

-12.83

-11.75

-10.03

-17.64

-13.12

-13.14

-13.14

17.62

15.45

16.89

15.31

18.13

21.25

15.27

32.60

22.41

22.41

_.__
..-

Total current expenses
Net current earnings
__
Net losses and depreciation, less profits on
securities sold »

1 Includes 2 banks with deposits of $564,224,000 and $125,161,000, respectively.
2 Number at end of period.
3 Number of full-time and part-time employees at end of period.
«Includes 1 stock dividend of $1,000.
5 Includes 7 stock dividends aggregating $16,000.
6
Includes 6 stock dividends aggregating $19,000.




104

28

6153

15

Total current earnings

Not profits

1,505
297
413

141

Percent
60.66
.
31.14
2.05
.6.15

Total
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charses.All other current earnings

Salaries, wa^es, and fees _
Interest on deposits
All other current expenses

28

8 80

442
93
72

11,196
Percent

Percent
42.11
45 62
2.44
9.83

7
8
9

Includes 1 stock dividend of $12,000.
Includes 6 stock dividends aggregating $18,000.
Includes 1 stock dividend of $27,000.
1 Includes 1 stock dividend of $33,000.
0
" Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries.

CO

TABLE NO. 30.-

-Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1939, by Federal Reserve
districts—Continued
DISTRICT NO. 4
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 30, 1939, of—

Operat-

$100,001
to
$250,000 i

Number of banks
-Total deposits
Capital stock, par value Capital funds
Gross earnings:
Interest and discount on loans ..
Interest and dividends on bonds, stocks,
and other securities
Collection charges, commissions, fees, etc.-.
Foreign department (except interest on
foreign loans, investments, and bank
balances)
Trust department
Service charges on deposit accounts
Rent received
Other current earnings
Total earnings from current operations.._
Expenses:
Salaries and wages:
Officers
- -- - Employees other than officers
NilTTlbCT of OfflCCTS '

Number of employees other than officers 4-

Fees paid to directors and members of executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money
Real estate taxes
Other taxes
_ _ _.
Other expenses
Total current expenses
Net earnings

_-




_

$250,001
to
$500,000

$500,001
to
$750,000

17
3,504
630
989

68
26,465
3,016
5,639

76
48,400
4,148
7,933

59
51,952
4,183
8,493

126
176,883
13, 944
28,350

100
304, 019
20,090
43,345

50
541, 219
34,334
73,937

3
226, 424
13,000
26,455

116

700

1,238

1,196

3,614

5,693

7,778

2,243

4,653

60
4

447
26

690
36

792
42

2,773
113

4,510
148

7,273
157

1,563
103

11, 220
226

6
6

38
47

1
59
92

4
75
80

4
35
275
319

7
191
483
643

19
612
768
1,708

9
309
263
962

109
873
344
723

148
2,025
2,311
4,580

15

15

10

42

93

103

48

151

195

1,273

2,131

2,199

7,175

11, 768

18, 418

5,500

18, 299

50

262

367

358

1,055
730
445
667

1,393
1,512
427
1,148

1,833
2,952
345
1,940

441

165
186
189

818
56
597

26
550
1
35
114
290
1,539

84
1,733
1
151
331
1,022
5,107

104
2,874
1
221
631
1,728
8,464

119
3,463

12

660

2,068

3,304

ing less
thanl
year 2

480

3

6
34
15

71
185

m

144
212
201

3

14

34

267

1
10
31

22
62
196

135

894

19
513
1
39
96
314
1,493

60

379

638

$750,001 $1,000,001 $2,000,001 $5,000,001 $50,000,001 $100,000,001
to
to
to
to
to
$1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,000 and over

Total

504
5
912, 647 2,291, 513
41,180
134,525
106,779
301,920

Total

504

225
50
73

2, 291, 738
134, 575
301,993

27, 231

3

27, 234

29,328
855

3

29, 331
855
148

1

2,025
2,311
4,581

66, 958

7

66, 965

1,405
3,259
140
1,847

7,164
9,657
2,030
6,718

1
1

7,165
9,658
2,030
6,718

520

42
2,498

458
992
3,097
12, 914

89
406
1,490
3,776

425
1,017
2,934
11, 580

423
12, 452
4
1,441
3,659
11,102
45,902

5,504

1,724

6,719

21,056

480

5

423
12,454
4
1,441
3,659
11,103
45,907

2

21,058

2

1

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
All other
Total
Total net earnings, recoveries, etc
Losses and depreciation:

3

29

37

47

228

261

618

259

347

1,829

1
19

37
144
44

32
231
16

71
296
20

223
718
53

383
1,247
178

l;027
2,026
209

83
690
191

1,325
2,793
52

3,182
8,164
763

1

1,830

10

3,182
8,174
763

23

254

316

434

1,222

2,069

3,880

1,223

4,517

13,938

11

13, 949

83

633

954

1,094

3,290

5,373

9,384

2,947

11, 236

34, 994

13

35,007

10
26
5

45
167
49
18

89
185
81
33

105
258
55
47

337
698
204
197

626
1,444
366
310

1,070
2,514
580
575

165
385
241
77

1,212
3,003
473
303

3,659
8, 680
2,054
1,560

1

3,660
8,680
2,054
1,561

Total

41

279

388

465

1,436

2,746

4,739

868

4,991

15, 953

2

15, 955

Net addition to profits

42

354

566

629

1,854

2,627

4,645

2,079

6,245

19, 041

11

19, 052

9
141

18
?234

25
8 174
199

46
643

107
10 975

262
n 1, 408

19
12 1, 267
1,286

524
1,890

1,014
6,750

On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures._.
Other losses and depreciation

Dividends:
On preferred stock
On common stock

.__ _ _

6

1,014
6,750

22

150

252

689

1,082

1,670

2,414

7,764

Percent
54.99
35.11
2.98
6.92

Percent
58.09
32.38
2.77
6.76

Percent
54.39
36.02
3.41
6.18

Percent
50.37
38.65
3.83
7.15

Percent
48.38
38.33
4.10
9.19

Percent
42.23
39.49
4.17
14.11

Percent
40.78
28.42
4.78
26.02

Percent
25.43
61.31
1.88
11.38

Percent
40.67
43.80
3.45
12.08

Percent
42.86
42.86
14.28

Percent
40.67
43.80
3.45
12.08

100. 00

100.00

100. 00

100.00

100.00

100. 00

100. 00

100.00

100. 00

100.00

100. 00

100. 00

30.25
17.44
21.54
69.23

27.26
20.97
22.00
70.23

24.87
24.07
21.12
70.06

24.97
25.01
20.01
69.99

26.05
24.15
20.98
71.18

25.57
24.42
21.93
71.92

26.63
18.80
24.69
70.12

23.11
9.45
36.09
68.65

25.72
13.65
23.91
63.28

25.75
18.60
24.20
68.55

28.57
28.57
14.29
71.43

25.75
18.60
24.20
68.55

Total current earnings

.

Net current earnings- _. .
Net losses and depreciation, less profits on
securities sold 13_ _
_ _ ___
Net profits

7,764

30.77

29.77

29.94

30.01

28.82

28.08

29.88

31.35

36.72

31.45

28.57

31.45

-9.23
21.54

-1.96
27.81

-3.38
26.56

-1.41
28.60

-2.98
25.84

-5.75
22.33 j

-4.66
25.22 |

+6.45

-2.59
34.13

-3.01
28.44

+128. 57
157.14

- 3 . 00
28.45

1 Includes 1 bank with deposits of $73,000.
2
Figures of first 6 months for 1 bank which was inactive Dec. 31, 1939.
3
N u m b e r at end of period.
4
N u m b e r of full-time and part-time employees at end of period.
5
Includes 6 stock dividends aggregating $8,000.
6
Includes 7 stock dividends aggregating $42,000.
7
Includes 16 stock dividends aggregating $80,000.




9

Percent
59.49
30.77
3.08
.
6.66

Total
Ratios to total earnings:
Interest and discount on loans.._
Interest and dividends on investments
Service charges
All other current earnings __ __ _

Salaries, wages, and fees.
Interest on deposits
.
All other current expenses
Total current expenses

4
«18

1

37.80

8
9

Includes 2 stock dividends aggregating $2,000.
Includes 5 stock dividends aggregating $62,000.
i° Includes 6 stock dividends aggregating $204,000.
11 Includes 1 stock dividend of $50,000.
12 Includes 1 stock dividend of $332,000.
13 Minus figures represent the excess of gross losses and depreciation over profits on securities sold and recoveries; plus figures, the opposite.

Or

TABLE NO. 30.—Earnings, expensest and dividends of national banks, by size of banks, for the year ended Dec. SI, 1939, by Federal Reserve
districts—Continued
DISTRICT NO. 5
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 30, ]1939, of—
$100,001
to
$250,000

Number of banks
Total deposits
..
Capital stock, par value
Capital funds

9

..

Gross earnings;
Interest and discount on loans
Interest and dividends on bonds, stocks, and
other securities
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign
loans, investments, and bank balances)
Trust department
.._
_ ... _
Service charges on deposit accounts._
Rent received
Other current earnings
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
- ..._ .
Employees other 3
than officers

Number of officers
_
Number of employees other than officers * .

Fees paid to directors and members of execu
tive, discount and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money
Real estate taxes
Other taxes
Other expenses.—

$250,001
to
$500,000
49

$500,001
to
$750,000
44

1,912
334
512

18,175
2,059
3,136

27,659
2,375
4,486

67

583

23

186
13

$750,001 $1,000,001 $2,000,001 $5,000,001 $100,000,001
to
to
to
to
and
$1,000,000 $2,000,000 $5,000,000 $50,000,000
overl
39

84

118, 223
8,627
18,020

211,684
14,863
30,855

807

931

3,242

5,098

326

397

1,244

1,894

25

23

76

179

37

2
144
412
435

8

29
37

2

9

49
31
7

98

857

1,245

23

163

206

258

142
126
149

489
283
480

3
21

8
209
1
11

17
310
1
13

33
140

3
3
18

54
117
81

68
67

J84
189

2
4

1
19
4

66

33,887
2,928
5,380

39

3

Total

Operating less
than 2

333

403,204
11,100
27, 694

1,329,341
69,009
145,584

8,060

1,693

3 691

4,478

386

87

789

9
642
899
930

13
303
154
324

24
1,134
1,797
2,017

514,597
26, 723
55,501

Total

1 year

333

2,469
100
257

1,331,810
69,109
145,841

20,481

4

20,485

12,239

12

12 251
789

1

24
1,134
1,798
2,017

29

63

98

38

277

1

278

5,001

8,227

14,715

7,090

38, 758

18

38, 776

659

1,074
1,110
326
834

1,822
2,596
878
1,859

1,056
78
697

653

4,858
5,543
1,446
4,177

5
1

4,863
5,544
1,446
4,177

13
337

61
1,293

52
182

93
209
674

96
2,274
1
289

34
663

29
45
240

76
1,671
1
161

1
4

308
6,783
4
697
1,795
6,344

95
124
128

31

1,525

1,327

2,741

1,018

308
6,778
4
697
1,794
6,340

353

667

98
432

5

Total current expenses

72

619

876

1,064

3,478

5,773

10,486

3,954

26,322

16

26,338

Net earnings

26

238

369

461

1,523

2,454

4,229

3,136

12,436

2

12,438




Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold
Allother
Total

26

51

123

331

414

60

1,020

1,020

7

12
64
5

21
70
10

16
99
32

129
399
56

161
662
85

789
1,916
178

2,054
1,526
10

3,182
4,743
376

3,182
4,745
376

2

9

Losses and depreciation:
On loans
- On bonds, stocks, and other securities
On banking house, furniture and fixtures
0 ther losses and depreciation
_

94

127

198

707

1,239

3,297

3,650

9,321

2

9,323

332

496

659

2,230

3,693

7,526

6,786

21, 757

4

21,761

403

1,170
1,414
399
340

115

4,848
80
31

2,108
7,177
1,045
688

11

2 108
7.188
1,045
688

5

42

2
2

50

34
21
16

241

82

69
63
38

68
35
17

324
151
96

418
294
150

9

__

113

170

252

812

1,265

3,323

5,074

11,018

11

11,029

26

-

Net addition to profits
Dividends:
On preferred stock
On common stock

13

35

.--

Total net earnings, recoveries, etc

Total

2

219

326

407

1,418

2,428

4,203

1,712

10, 739

57

10, 732

92
1,037

126
2,002

43
1,860

2
7
9

_ _
_

8
117

39
634
673

332
5,957

125

134

15
173
188

1,129

2,128

1,903

332
5,957
6,289

Percent
68.37
23.47
2.04
6.12

Percent
68.03
21.70
3.38
6.89

Percent
64.82
26.18
3.94
5.06

Percent
61.05
26.03
4.46
8.46

Percent
64.83
24.87
3.68
6.62

Percent
61.97
23.02
5.01
10.00

Percent
54.77
25.09
6.11
14.03

Percent
23.88
63.16
2.17
10.79

Percent
52.84
31.58
4.64
10.94

Percent
22.22
66.67
5.56
5.55

Percent
52.83
31.59
4.64
10.94

Total current earnings

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

Salaries, wages and fees
Interest on deposits
All other current expenses

27.55
21.43
24.49

26.25
24.39
21.59

25.54
24.90
19.92

27.08
22.10
20.59

24.18
25.85
19.52

27.47
20.31
22.39

30.68
15.45
25.13

24.59
9.35
21.83

27.63
17.49
22.79

33.33
27.78
27.78

27.63
17.49
22.80
67.92

Total
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges..
__
All other current earnings

-.

Total current expenses..
Net current earnings.
Net losses and depreciation, less profits on
securities sold »
_.
Net profits

6

7

8

9

10

6,289

73.47

72.23

70.36

69.77

69.55

70.17

71.26

55.77

67.91

88.89

26.53

27.77

29.64

30.23

30.45

29.83

28.74

44.23

32.09

11.11

32.08

-2.22

-3.45

-3.54

-2.10

-.32

-.18

-20.08

-4.38

-50.00

-4.40

25.55

26.19

26.69

28.35

29.51

28.56

24.15

27.71

26.53

1 Includes 1 bank with deposits of $79,277,000.
2
Figures of first 6 months for 1 bank which was inactive on December 31,1939.
3 Number at end of period.
4
Number of full-time and part-time employees at end of period.
5 Deficit.
«Includes 14 stock dividends aggregating $64,000.




7
127

27.68

1 Includes 2 stock dividends aggregating $17,000.
s Includes 7 stock dividends aggregating $44,000.
•Includes 7 stock dividends aggregating $137,000.
1° Includes 8 stock dividends aggregating $175,000.
u Minus figures represent the excess of gross losses and depreciation over profits on securities sold and recoveries.

TABLE NO. 30.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1939, by Federal Reserve
districts—Continued
DISTRICT NO. 6
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec .
$100,001

$250,001

$250,000 i

$500,000

13
2,388
415
682

42
16, 566
1,876
3,284

25
15, 925
1,633
2,748

28
23, 613
1, 725
3, 557

66
91,029
7,380
14, 212

46
136, 341
9,611
17,968

107

599

561

826

2,218

31
5

149
46

161
43

199
66

996
176

6
2

35
32
1

1
43
51
6

16
187
148
15

151

35
28
5
862

833

1,192

3,756

38
6
33
12

202
64
132
102

154
58
79
76

240
89
100
109

648
449
255
407

to

Number of banks
Total deposits.
Capital stock, par value
Capital funds
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks,
and other securities . .
Collection charges, commissions, lees, etc .
Foreign department (except interest on
foreign loans, investments, and bank
balances)
Trust department .
Service charges on deposit accounts
Rent received
Other current earnings
Total earnings from current operations. _
_
Expenses:
Salaries and wages:
Officers
Employees other than officers
3
Number of officers
Number of employees other than officers 4._

Fees paid to directors and members of
executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money..
Real estate taxes
Other taxes
Other expenses
.
Total current expenses
...
Net earnings. .




to

1
19

13
126

6
5
25

29
35
153

100
51

30, 1939, of—

$750,001 $1,000,001 $2,000,001 $5,000,001 $50,000,001
to
to
to
to
to
to
$750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,000

$500,001

18
194
1
33
41
192

41
610
3
123
133
638

622

11
122
1
28
29
139
542

808

240

291

384

35
544, 564
24, 584
51, 316

5
299, 250
24, 550
32, 636

2,896

7,168

3, 625

1,355
246

5,003
664

1,853
252

10
43
300
257
57
5,164

112
628
821
1,392
96
15, 884

38
283
304
388
31
6,774

1 804
2,713
338
1,946

803
727

m
593

Operat-

$100,000,001
and over

Total

ing less
than 1
year 2

Total

3
263
372, 660 1,502, 336
84,974
13, 200
30, 847
lf>7, 250

1
6,219
450
652

4,702

22, 702

114

22,816

2, 488
538

12, 235
2,036

25
12

12. 260
2,048

19
442
437
1,045
37

13
6

9,708

179
1,413
2,168
3, 343
248
44, 324

179
1 413
2,181
3,349
248
44,494

696
1,441
111
1,045

903
1,756
142
1,347

5,488
7,303
1,412
5,637

797
43
185
135
938

110
1,854

25
662

35
929

479
462
3,453

101
315
1,849

414
577
1,762

297
5,313
5
1,398
1,732
9,149

2,645

3,628

10,875

5,089

6,376

1,111

1, 536

5,009

1,685

3,332

170

17
55
76

x

264
1, 508, 555
85,424
157, 902

5 505
7, 358
1,416
5,713

7
1
32

298
5,342
5
1,405
1,733
9,181

30, 685

142

30,827

13, 639

28

13,667

29

00

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
Allother

4

116

139

248

271

133

972

4
35

3
46

71
279

65
385

785
2,200

388
1,398

27
293

10

7

14

54

44

186

75

68

1,351
4,688
458

1

83

58

94

520

633

3,419

2,132

521

7,469

2

7,471

60

323

349

478

1,631

2,169

8,428

3,817

3,853

21,108

30

21,138

17

61

45

85

249

263

361

2,271
3,468
1,615
835

3

2,274
3,470
1,616
836

4
8
2

19
17
13

23
23
27

194
81
82

20
23
22

590

274
148
89

1,860
707
231

600

809
149
244

265
459
125

1

2
1
1

973
1,351
4,688
459

31

110

118

150

606

774

3,388

1,802

1,210

8,189

7

8,196

29

213

231

328

1,025

1,395

5,040

2,015

2,643

12,919

23

12, 942

«20

20

4
6 119
123

7
7 104
111

6
183
189

35
9 574
609

75
10 590
665

121
ii 1, 640
1,761

394
12 1,035
1,429

1,469
1,469

642
5,734
6,376

7
36
43

649
5,770
6,419

Percent
70.86
20.53
3.97
4.64
_.

Percent
69.49
17.29
4.06
9.16

Percent
67.35
19.33
4.20
9.12

Percent
69.30
16.69
3.61
10.40

Percent
59.05
26.52
4.98
9.45

Percent
56.08
26.24
5.81
11.87

Percent
45.13
31.50
5.17
18.20

Percent
53.51
27.35
4.49
14.65

Percent
48.43
25.63
4.50
21.44

Percent
51.22
27.60
4.89
16.29

Percent
67.06
14.70
7.65
10.59

Percent
51. 23
27.55
4.90
16.27

Total
Net addition to profits._ _
Dividends:
On preferred stock
On common stock
Total

31

8
47

9

Total net earnings, recoveries, etc
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixturesOther losses and depreciation
...

12

5

Total

18

..

....

-

Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
_ _
__ _
All other current earnings

8

100.00

100.00

100. 00

100. 00

100. 00

100. 00

100.00

100.00

100.00

100.00

100.00

100.00

Salaries, wages and fees
Interest on deposits.. _ . _ ._
All other current expenses

29.80
12.58
23.84

32.37
14.62
25.17

26. 77
14.65
23. 65

29.11
16. 28
22.40

30.30
16.24
23.88

30. 4ft
15.44
24.36

29.13
11.67
27.66

£1.92
9.77
33.44

27. 75
9.57
28.36

29.53
11.99
27.71

42,94
17.06
23.53

29.58
12.00
27.70

Total current expenses...

66.22

72.16

65.07

67.79

70. 42

70.26

68.46

75.13

65.68

69.23

83.53

69.28

33.78

27.84

34.93

32.21

29.58

29.74

31.54

24.87

34.32

30.77

16.47

30.72

- 1 4 . 57

-3.13

-7.20

-4.70

-2.29

-2.73

+.19

+4.87

-7.10

-1.62

-2.94

-1.63

19.21

24.71

27.73

27.51

27.29

27.01

31.73

29.74

27.22

29.15

13.53

29.09

Total current earnings

. _.

_.

Net current earnings
Net losses and depreciation, less profits on
securities sold 13
.
Net profits
1
2
3
4

.

Includes 1 bank with deposits of $64,000.
Includes also figures of first 6 months for banks which were inactive Dec. 31, 1939.
Number at end of period.
Number of full-time and part-time employees at end of period.
«Includes 1 stock dividend of $3,000.
e Includes 7 stock dividends aggregating $23,000.
7
Includes 5 stock dividends aggregating $13,000.




8
9

Includes 5 stock dividends aggregating $21,000.
Includes 5 stock dividends aggregating $85,000.
i° Includes 5 stock dividends aggregating $72,000.
1 Includes 2 stock dividends aggregating $170,000.
1
1 Includes 1 stock dividend of $600,000.
2
1 Minus figures represent the excess of gross losses and depreciation over profits on secu3
rities sold and recoveries; plus figures, the opposite.

TABLE NO. 30.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1989, by Federal Reserve
districts—Continued
DISTRICT NO. 7
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 30,1939, of—
$100,001
to
$250,000
Number of banks
Total deposits
Capital stock, par value . .
Capital funds.
_

,_
.

---

Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and
other securities
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign
loans, investments, and bank balances)
Trust department
Service charges on deposit accounts. _
Rent received...
._ _ _ _
Other current earnings
..
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
._
Employees other than officers
Number of officers3_
__
Number of employees other than officers4
Fees paid to directors and members of executive, discount, and advisory committees
Interest on time and savings deposits. _
Interest and discount on borrowed money
Real estate taxes
Other taxes.
Other expenses
_
Total current expenses
Net earnings




$500,000

14
3,042
424
658

28,511
4,176
6,604

$250,001

74

$1,000,001 $2,000,001 $5,000,001
to
to
to
$2*000,000 $5,000,000 $50,000,000

$500,001

to
$750,000

$750,001
to
$1,000,000

59
36,754
2,654
4,731

60
51,259
3,400
6,092

128
176,862
10,491
21,212

92
283,299
14, 726
30,146

95
1,133,037
51,335
107, 769

$100,000,001
and over l
8
3, 584,795
125,100
269,382

Total
530
5,297,559
212,306
446,594

Operat. ngless
t h a n2
l
year
9
34,986
1,775
3,317

TotaV

539
5,332,545
214,081
449,911

86

734

812

948

3,193

3,621

11,441

17,635

38,470

211

38,681

30
7

304

57

360
68

582
74

2,074
245

3,623
320

10,988
1,329

30,943
1,854

48,904
3,954

147
42

49,051
3,996

7
8

122
79
38
12

1
102
65
4

6
120
82
11

19
482
261
42

5
137
720
440
84

42
1,094
2,685
2,548
326

256
6,024
1,425
4,420
331

303
7,403
5,620
7,862
810

16
74
46
8

303
7,419
5,694
7,908
818

138

1,346

1,412

1,823

6,316

8,950

30,453

62,888

113,326

544

113,870

42
6
SO
11

290
68
192
109

302
112
168
145

378
147
191

1,109
709
458
677

1,344
1,284
408
1,078

3,872
5,784
776
4,338

5,062
14,365
436
7,969

12,399
22,475
2,659
14,501

100
106

12,499
22,581
2,703
14,649

2
15

16
163

13
225

17
351

66
1,093

72
1,649

180
4,208

89
6,075

5
56

2
9
26

18
63
340

26
57
264

31
74
322

102
244
1,078

183
323
1,574

674
960
6,836

1,129
2,964
12,480

455
13, 779
7
2,165
4,694
22,920

9
8
164

460
13,835
7
2,174
4,702
23,084

102

958

999

1,320

4,401

6,429

22, 521

42,164

78,894

448

79,342

36

388

413

503

1,915

2,521

7,932

20,724

34, 432

96

34,528

m

OO

o

3
o

ft
m

Recoveries, profits on securities sold, etc.:
10
59
61
Recoveries on loans
..
Recoveries on bonds, stocks, and other securi1
22
33
ties
5
121
150
Profits on securities sold
- -- 1
16
33
Allother
-220
17
275
Total
53
608
688
Total net earnings, recoveries, etc
Losses and depreciation:
59
62
7
On loans
_
7
106
163
On bonds, stocks, and other securities
4
42
34
On banking house, furniture and fixtures
5
27
23
Otherjiosses and depreciation
234
282
23
Total
374
30
406
Net addition to profits
Dividends:
10
17
On preferred stock
«126
«204
14
On common stock .
221
14
136
Total
Percent
Percent
Percent
Ratios to total earnings:
54.53
57.51
62.32
Interest and discount on loans
22.59
25.50
21.74
Interest and dividends on investments
5.87
7.22
5.07
Service charges
__ _. _
...
17.01
9.77
10.87
All other current earnings
100.00
100.00
100.00
Total current earnings
Salaries, wages and fees
27 79
30.24
36 23
12.11
15.93
10.87
Interest on deposits
31.27
24.58
26.81
All other current expenses
71.17
70.75
73.91
Total current expenses...
Net current earnings
_
28.83
29.25
26.09
Net losses and depreciation, less profits on
-1.04
-.50
securities sold 13
-4.35
Net profits._.
_.
27.79
28.75
21.74

78

239

291

1,035

3,747

5,520

29

5,549

36

219

232

1,030
4,799
626

2,423
15,160
1,725

3,996
22,512
2,709

5

45
10

4,001
22,557
2,719

193
62

749
67

1,335
179

369

1,274

2,037

7,490

23,055

34,737

89

34,826

872

3,189

4,558

15,422

43, 779

69,169

185

69,354

349

1,005
3,823
897
788

2,815
7,380
953
1,647

4,800
13,731
2,454
2,798

6
49
11
7

4,806
13, 780
2,465
2,805

152

351

216
43
21

735
182
104

1,301
299
183

432

1,372

2,132

6,513

12,795

23,783

73

23,856

440

1,817

2,426

8,909

30,984

45.386

112

45,498

15
U95

47
8 720

138
9 685

349
io 2,350

1,489
"8,868

2,065
13,162

1
1232

2,066
13,194

210
Percent
52.00
31.93
6.58
9.49

767
Percent
50.55
32.84
7.63
8.98

823
Percent
40.46
40.48
8.04
11.02

2,699
Percent
37.57
36.08
8.82
17.53

10,357
Percent
28.04
49.20
2.27
20.49

15,227
Percent
33.95
43.15
4.96
17.94

33
Percent
38.79
27.02
13.60
20.59

15, 260
Percent
33.97
43.08
5.00
17.95

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

29.73
19.26
23.42

29.83
17.30
22.55

30.17
18.42
23.24

32.30
13.82
27.83

31.04
9.66
26.35

31.18
12.16
26.28

38 79
10.29
33.27

31.21
12.15
26.32

72.41

69.68

71.83

73.95

67.05

69.62

82.35

69.68

27.59

30.32

28.17

26.05

32.95

30.38

17.65

30.32

-3.45

-1.55

-1.06

+3.21

+16. 32

+9.67

+2.94

+9.64

24.14

28.77

27.11

29.26

49.27

40.05

20.59

39.96

8
1 Includes 1 bank with deposits of $69,611,000.
9 Includes 30 stock dividends aggregating $258,000.
Includes 15 stock dividends aggregating $113,000.
2 Includes alsofiguresof first 6 months for banks which were inactive on Dec.31,1939.
3
*• Includes $ stock dividends aggregating $489,000.
4 Number at end of period.
u Includes 1 stock dividend of $750,000.
Number of full-time and part-time employees at end of period.
»Includes 1 stock dividend of $5,000.
«Includes 12 stock dividends aggregating $36,000.
iJ Minus figures represent the excess of gross losses and depreciation over profits on
e Includes 19 stock dividends aggregating $103,000.
securities sold and recoveries; plusfigures,the opposite.
i Includes 13 stock dividends aggregating $42,000.




OO

TABLE NO. 30.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1939, by Federal Reserve
districts—Continued
DISTRICT NO. 8
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 30, 1939, of—

Number of banks
Total deposits ._
Capital stock, par value
Capital funds
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks,
and other securities
Collection charges, commissions, fees, etc
Foreign department (except interest on
foreign loans, investments, and bank
balances)
Trust department .
- Service charges on deposit accounts
Rent received
Other current earnings
._Total earnings from current operations
Expenses:
Salaries and wages:
OfficersE mployees other than officers
3

$500,001 $750,001 $1,000,001 $2,000,001 $5,000,001 $50,000,001
to
to
to
to
to
to
$750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,0001

Operating less
than
year 2

Total

$100,000
and
under

$100,001
to
$250,000

$250,001
to
$500,000

4
376
140
181

22
4,246
717
1,077

53
20,394
2,187
3,394

53
32,334
2,992
5,048

35
30, 374
2,317
4,236

71
95,266
6,670
12,928

44
123, 395
7,916
15, 473

23
347, 353
13, 484
30,167

27

147

573

839

693

1,963

2,223

4,589

4,784

15,838

256

16,094

4
1

46
8

223
33

387
79

414
53

1,085
145

1,435
157

2,992
335

3,720
466

10,306
1,277

94
21

10, 400
1,298

1

6
4
6

2
1

4

1

3
5

4

13

43

271

Total

5
310
531, 797 1,185,535
17, 900
54,323
114,089
41, 585

19
164

4
11,215
1,015
1,588

25

25
505

314
1,196,750
55,338
115, 677

1

506

34
35
13

60
46
14

41
45
6

195
161
21

261
221
23

387
588
125

229
454
197

1,213
1,554
406

12
19
9

1,225
1,573

31, 536

415

33

218

917

1,430

1,256

3,586

4,363

9,288

10,033

31,124

412

9

52
10
49
22

188
51
145
94

288
97
169
141

221
98
122
125

612
362
264
870

648
552
217
464

1,052
1,482
217
1,148

1,116
1,963
143

4,186
4,615
1,887
3,787

55
51
17
42

4,241
4,666
1,354
3,829

4

1
31

12
152

23
926

3
101

56
162

42
637
1
104
173
563

47
1,307

11
44

16
260
1
28
58
198

42
712

2
5

21
228
2
33
75
261

11
71

207
4,358
4
704
1,556
5,963

Total current expenses

20

157

639

1,005

880

2,494

2,986

Net earnings

13

61

278

425

376

1,092

1,377

Number of officers
Number of employees other than officers4

Fees paid to directors and members of
executive, discount, and advisory committees
_
Interest on time and savings deposits
Interest and discount on borrowed money
Real estate taxes
Other taxes _
Other expenses




11

8

18

127

212

155

188
717

439
1,863

543
2,079

204
4,257
4
685
1,545
5,892

6,402

6,805

21,388

311

21,699

2,886

3,228

9,736

101

9,837

19

00

to

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
Allother
:

5

36

23

129

101

284

520

1,129

7

1,136

18
75
19

28
138
45

33
133
26

70
357
59

232
461
58

502
1,129
122

1,064
1,953
139

1,956
4,259
471

150
52
51

2,106
4,311
522

30

143

247

215

615

852

2,037

3,676

7,815

260

8,075

13

91

421

672

591

1,707

2,229

4,923

6,904

17, 551

361

17,912

6
1
1

18
9
6
6

61
41
35
35

87
77
39
47

78
126
38
39

192
271
113
81

164
448
254
95

508
1,598
237
221

545
2,106
211
109

1,659
4,676
934
634

54
181
12
50

1,713
4,857
946
684

8

39

172

250

281

657

961

2,564

2,971

7,903

297

8,200

5

52

249

422

310

1,050

1,268

2,359

3,933

9,648

64

9,712

1

« 29

20
6 107

20
M89

16
133

35
»384

48
1 666
0

124
ii 1,111

2,175

263
4,795

6
28

269
4,823

6.06

29
Percent
67.43
21.10
2.75
8.72

127
Percent
62.48
24.32
3.71
9.49

209
Percent
58.67
27.06
4.20
10.07

149
Percent
55.18
32.96
3.26
8.60

419
Percent
54.74
30.26
5.44
9.56

714
Percent
50.95
32.89
5.98
10.18

1,235
Percent
49.41
32.21
4.17
14.21

2,175
Percent
47.68
37.08
2.28
12.96

5,058
Percent
50.89
33.11
3.90
12.10

34
Percent
62.14
22.81
2.91
12.14

5,092
Percent
51.03
32.98
3.S9
12.10

100.00

100.00

100. 00

100. 00

100.00

100.00

100.00

100.00

100.00

100. 00

100. 00

100.00

27.28
12.12
21.21

28.90
14.22
28.90

27.37
16.58
25.73

28.39
15.94
25.95

26.67
20.70
22.69

28.33
17.77
23.45

28.47
16.32
23.65

27.79
14.07
27.07

30.92
9.23
27.68

28.93
13.68
26.11

26.46
24.51
24. 52

28.90
13.82
26.09

60.61

72.02

69.68

70.28

70.06

69.55

68.44

68.93

67.83

68.72

75.49

68.81

39.39

27.98

30.32

29. 72

29.94

30.45

31.56

31.07

32.17

31.28

24.51

31.19

- 2 4 . 24

-4.13

-3.16

.21

-5.26

-1.17

-2.50

-5.67

+7.03

-.28

-8.98

15.15

23.85

27.16

29.51

24.68

29.28

29.06

25.40

39.20

31.00

15.53

Total
Total net earnings, recoveries, etc
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures
0 ther losses and depreciation
Total-

31

9
13
3

-

Net addition to profits
Dividends:
On preferred stock
On common stock

_-

Total _
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges _ _ _ _
All other current earnings

1
Percent
81.82
12.12
__

Total current earnings
Salaries, wages, and fees
._
Interest on deposits
All other current expenses

-

Total current expenses
Net current earnings
Net losses and depreciation, less profits on
securities sold n
Net profits

1 Includes 1 bank with deposits of $265,539,000.
2
Includes also figures of first 6 months for banks which were inactive on Dec. 31, 1939.
3
Number at end of period.
4
Number of full-time and part-time employees at end of period.
5
Includes 2 stock dividends aggregating $6,000.
6
Includes 10 stock dividends aggregating $18,000.
7
Includes 9 stock dividends aggregating $38,000.




8

30.80

8

Includes 4 stock dividends aggregating $12,000.
9
Includes 5 stock dividends aggregating $27,000.
i° Includes 6 stock dividends aggregating $203,000.
11 Includes 2 stock dividends aggregating $120,000.
12 M i n u s figures represent t h e excess of gross losses a n d depreciation over profits on
securities sold a n d recoveries; plus figures, t h e opposite.
CO

TABLE NO. 30.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1939, by Federal Reserve
districts—Continued
DISTRICT NO. 9
[In thousands of dollarsl
Banks operating throughout entire year with deposits on Dec. 30,1939, of—
$100,001 $250,001
to
to
$250,000 i $500,000

$500,001
to
$750,000

$750,001 $1,000,001 $2,000,001 $5,000,001 $100,000,001
to
to
to
to
and
$1,000,000 $2,000,000 $5,000,000 $50,000,000
over
3
429, 787
18,350
40,252

1,829

3,034

4,222

13,803

3

13,806

1,892
327

2,546
480

3,414
866

10,963
2,725

3

10,966
2,725

9
199
207
94

1
45
260
329
164

6
173
446
321
245

45
785
228
463
3

52
1,014
1,327
1, 561
645

1,348

4,246

4,847

7,251

10,026

32,090

248
108
113

751
453
294
405

766
704
214
574

1,096
1,347
257
1 028

1,113
2,352
133
1 538

5,000
5,202
1 579
3,988

16
286

53
808

70
847

151
844

59
895

407
4,551

2

407
4,553

52
60
331

34
48
206

96
177
717

113
167
881

196
269
1,461

193
417
2,161

747
1 228
6,190

2

747
1 228
6,192

1,498

1,448

946

3,055

3,548

5,364

7,190

23,325

7

23,332

569

500

402

1,191

1,299

1,887

2,836

8,76)5

61

8,764

34
5,996
998
1,405

101
38, 386
3,827
5,661

67
41,897
3,047
5,231

34
28,884
1,838
3,602

74
103,970
6,774
11,901

47
138, 711
7,073
14, 824

197

1,147

933

604

1,837

67
51

479
268

605
196

451
146

1,509
391

18
10
14

62
72
39

77
101
36

2
37
58
50

Total earnings from current operations
Expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers3
- .
Number o1 employees other than officers 4
Fees paid to directors and members of executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money
Real estate taxes
Othertaxes _
__ -_
Other expenses
._._
.._

357

2,067

1,948

109
14
78
27

496
85
280
132

421
139
209
171

3
49

26
406

29
416

12
18
71

51
72
362

276
81

Total current expenses




Total

26
253,139
15,063
25,284

Numberofbanks
Total deposits
Capital stock, par value
Capital funds
^ross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and
other securities
Collection charges, commissions, fees, etc.
Foreign department (except interest on foreign
loans, investments, and bank balances)
Trust department.-.
_
Service charges on deposit accounts
Rent received .
_.
. _ _
Other current earnings
.-_

Net earnings

Total

Operating
less than
lyear3

11A

386
1,040,770
56,970
108,160

253
50
60

386
1,041,023
57,020
108,220

52
1,014
1,327
1,561
645
6
3

32,096
5,003
5,202
1 579
3,988

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
10
Profits on securities s o l d . . . .
_ .
££
Allother -

82

56

68

210

275

549

1,029

2, 291

3

56

76

64

144

352

260

489
685
345

1,444
2,880
657

2

12
3

106
21

146
26

324
45

107
5

334
54

1,166
158

2,291
1,444
2,882
657

40

Total net earnings, recoveries, etc

(_i
co

Losses and depreciation:
On loans _
On bonds, stocks, and other securities
On banking house, furniture and fixtures.
0 ther losses and depreciation
Total..
Net addition to profits

265

304

244

723

1,015

2,133

2,548

7,272

2

7,274

834

804

646

1,914

2,314

4,020

5,384

16, 037

1

167038

39

132

86

234

231
53
46

486

986
229
217

737
1,459
591
224

2,028
4,240
1,375
776

1

119
72
92

2,029
4,240
1,375
776

415

1

8,420

18

Total

J^

121

103

<£

Dividends:
On preferred stock
On common stock

22

419

10

40
6 207

17
7 215

18
19
27

_ _.

Total
Ratios to total earnings:
Interest and discount on loans. _
Interest and dividends on investments
Service charges
All other current earnings

97

217

199
33
14

536
153
99

416

343

1,005

1,208

1,918

3,011

8,419

388

303

909

1,106

2,102

2,373

7,618

7,618

4
155

43
9 394

37
10 455
492

102
706

23
1,350

266
3,492

266
3,492

8

10

247

232

159

437

Percent
55.18
18.77
5.04
21.01

Percent
55.49
23.17
3.00
18.34

Percent
47.90
31.06
3.95
17.09

Percent
44.81
33.46
2.74
18.99

Percent
43.26
35.54
4.69
16.51

692
225
57

808

1,373

3,758

Percent
41.84
35.11
6.15
16.90

Percent
42.11
34.05
2.28
21.56

Percent
43.01
34.16
4.14
18.69

Percent
50.00
50.00

Percent
43.01
34.17
4.13
18.69

3,758

100.00

100.00

100.00

100.00

100.00

Percent
37.73
39.04
5.36
17.87
100.00

100.00

100.00

100.00

100.00

100.00

Salaries, wages, and fees. _.
Interest on deposits
Allother current expenses

35.29
13.73
28.29

29.37
19.64
23.46

30.24
21.35
22.74

27.60
21.22
21.36

29.60
19.03
23.32

31.77
17 48
23.95

35.78
11.64
26.56

35.15
8.93
27.63

33.06
14.18
25.45

50.00
33.33
33.33

33.06
14.19
25.44

Total current expenses. _.

77.31

72.47

74.33

70.18

71.95

73.20

73.98

71.71

72.69

116.66

72.69

22.69

27.53

25.67

29.82

28.05

26.80

26.02

28.29

27.31

-17.65

-7.26

-5.75

-7.34

-6.64

-3.98

+2.97

-4.62

-3.57

+16. 66

-3.57

5.04

20.27

19.92

22. 48

21.41

22.82

28.99

23.67

23.74

Total current earnings

Net current earnings
Net losses and udepreciation, less profits on securities sold
.
. _ _ . .
Net profits

1 Includes 2 banks with deposits of $64,000 and $98,000, respectively.
2 Figures of first 6 months for banks which were inactive on Dec. 31, 1939.
3 Number at end of period.
* Number of full-time and part-time employees at end of period.
«Deficit.
«Includes 28 stock dividends aggregating $78,000.




27.31
1

23.74

7

Includes 12 stock dividends aggregating $59,000.
s Includes 5 stock dividends aggregating $14,000.
• Includes 13 stock dividends aggregating $98,000.
i° Includes 4 stock dividends aggregating $49,000.
" Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.

OO

TABLE NO. 30.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1989, by Federal Reserve
districts—Continued
DISTRICT NO. 10
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 3(), 1939, of—
$100,001 $250,001
to
to
$250,000 * $500,000

$500,001
to
$750,000

$750,001 $1,000,001 $2,000,001 $5,000,001 $50,000,001
to
to
to
to
to
2
$1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,000

Operating
less than 1
years

Total

5
372, 761
14,000
33,083

659
1,583,213
77,440
162,380

1
934
385
455

660
1, 584,147
77,825
162,835

7,523

3,497

24, 280

12

24, 292

5,202
290

12,665
1,258

5
1

12,670
1,259

4
777
1,177
1 609
78

2,155
74
2
320
336
760
54

6
1,210
3,370
3,551
296

2

6
1,210
3,372
3,551
296

7,176

16, 660

7,198

46,636

20

46,656

1,156
711
482
622

1,273
1,064
862
789

2,268
3,284
889
2,805

7,876
7,283
2,629
5,648

9
1
8
1

7,885
7,284
2,682
5,544

14
190

55
635

55
734

27
84
325

116
231
955

174
257
1,375

76
1,102
9
423
702
3,976

675
1,486
94
888
15
399

2,017

1,273

3,859

4,932

1,123

652

1,968

2,244

Number of banks
_ _
.Total deposits
Capita] stock, par value
Capital funds
Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and
other securities . . .
_ _
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign
loans, investments, and bank balances)
Trust department
_
Service charges on deposit accounts.
Rent received.
Other current earnings..

116
20,710
3,352
4,813

173
62,624
6,279
10, 264

107
64,780
5,015
9,634

51
43,940
3,132
5,875

98
139,633
8,238
16,895

65
190, 249
10,342
22,446

44
688,516
27,082
59, 370

938

2,285

1,944

1,148

3,304

3,641

192
64

571
158

655
152

446
87

1,428
231

2,016
202

76
31
11

243
125
16

2
227
135
25

1
164
72
7

31
517
284
32

79
630
535
73

Total earnings from current operations
Expenses:
Salaries and wages:
Officers.._
__
Employees other than officers
Number of officers4Number of employees other than officers•
Fees paid to directors and members of executive, discount, and advisory committees
Interest on time and savings deposits .
Interest and discount on borrowed money
Real estate taxes
Other taxes . .
Other expenses

1,312

3,398

3,140

1,925

5,827

393
76
279
129

900
238
518
827

762
240
872
289

449
184
188
199

12
97
3
25
64
246

34
299
5
66
141
593

30
304
4
57
121
499

Total current expenses

916

2,276

Net earnings

396

1,122




Total

112
400
1,566

291
3,760
21
1,000
2,000
9,535

9

291
3,763
21
1,000
2,000
9,544

11,840

4,653

31,766

22

31,788

4,820

2,545

14,870

62

14,868

3

00
O5

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold

218

214

69

309

374

876

556

2,722

7
36
22

26
98
32

41
75
38

11
103
24

110
291
91

2 853
2,366
281
6,376

100
1,114
139
1,909

3,460
4,494
769
11,445

2

3,460
4,494
769
11,447

Net addition to profits

374

368

207

801

1,496

1,491

859

2,769

3,483

11,196

4,454

26, 315

135
17
53
46

326
58
142
75

337
84
118
52

104
58
58
41

346
232
244
85

251

601

591

261

907

390
541
307
110
1,348

730
4, 348
753
258
6,089

306
188
542
35
1,071

2,674
5,526
2,217
702
11,119

2

2,674
5,527
2,218
702
11,121

316

Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures. .,.
0 ther losses and depreciation
Total
_...

895

900

598

1,862

2,135

5,107

3,383

15,196

62

15,194

11

12

30

647
665

"560
571

10 345
357

H948
978

12 933
976

Percent
71.49
14.64
5.79
8.08
100.00

Percent
67.25
16.80
7.15
8.80
100.00

Percent
61.91
20.86
7.23
10.00
100.00

Percent
59.64
23.17
8 52
8.67
100.00

Percent
56.70
24.51
8 87
9.92
100.00

Percent
50.74
28.09
8.78
12.39
100.00

36.66
7.40
25.76
69.82

34.49
8.80
23.69
66.98

32.87
9.68
21.69
64.24

33.61
9.87
22.65
66.13

32.98
10.90
22.35
66.23

33.87

33.77

_

6
M96
202

Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments - Service charges
All other current earnings
Total current earnings
__ . .__

8

18

Net current earnings
33.02
30.18
35.76
Net losses and depreciation, less profits on
securities sold is
-6.10
-6.68
-7.10
Net profits
26.34
24.08
28.66
1 Includes 2 banks with deposits of $57,000 and $71,000, respectively.
2
Includes 1 bank with deposits of $134,530,000.
3
Includes also figures of first 6 months for banks which were inactive on Dec. 31,
1939.
4
Number at end of period.
5 Number of full-time and part-time employees at end of period,
o Deficit.
7
Includes 13 stock dividends aggregating $23,000.
8
Includes 35 stock dividends aggregating $118,000.




2, 724

171

Total net earnings, recoveries, etc

Salaries, wages and fees
Interest on deposits _ _ _ . _
All other current expenses
Total current expenses

2

312
411
142
1,239

567

Allother
Total

Dividends:
On preferred stock
On common stock
Total _

106

43

147

35

26,315

1
1

302

302

14 1, 480
1,515

6,830
7,132

2

2

6,832
7,134

Percent
45.16
31.22
7.07
16.55
100.00

Percent
48.58
29.94
4.67
16.81
100.00

Percent
52.06
27.16
7.23
13.55
100.00

Percent
60.00
25.00
10.00
5.00
100.00

Percent
52.07
27.15
7.23
13.55
100.00

33.33
10.23
25.17
68.73

33.78
6.62
30.67
71.07

30.23
5.54
28.87
64.64

33.13
8.06
26.92
68.11

50.00
15.00
45.00
110.00

33.14
8.06
26.93
68.13

31.27

28.93

35.36

31.89

13 1, 721
1,868

31.87

+1.72
+.70
-1.82
-1.52
+11. 64
+.70
-2.81
47.00
32.57
31.95
29.75
30.65
32.59
31.06
9
Includes 25 stock dividends aggregating $84,000.
i° Includes 9 stock dividends aggregating $39,000.
»2 Includes 18 stock dividends aggregating $132,000.
13 Includes 6 stock dividends aggregating $104,000.
14 Includes 6 stock dividends aggregating $321,000.
1 Includes 1 stock dividend of $200,000.
15
Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.

TABLE N O . 30.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 31, 1939,
by Federal Reserve districts—Continued

OO

00

DISTRICT NO. 11
[In thousands of dollars]
Banks operating throughout entire year with deposits on

Dec. 30, 1939 , of—
Operating
less t h a n
1 year 2

$100,000
and
under

$100,001
to
$250,000

$250,001
to
$500,000

$500,001
to
$750,000

9
736
230
327

66
11,564
2,280
3,444

105
38,889
4,712
7,954

76
46,350
4,181
7,801

45
38,389
3,004
5,716

85
116,140
7,317
15,139

44
144, 806
7,662
16, 563

45
674,528
28,136
57, 220

59

649

1,526

1,572

1,045

3,119

3,116

8,685

5,497

4
3

81
32

357
99

435
93

381
75

1,080
172

1,244
152

4,151
424

2,503
69

1
3

30
18
2

122
82
10

133
109
14

1
96
72
13

343
220
13

8
37
345
431
57

13
388
991
1,407
162

12
176
279
1,490
66

33
602
2,340
3,832
337

70

812

2,196

2,356

1,683

4,947

5,390

16, 221

10,092

43, 767

5

43, 772

23
4
18
6

254
31
175
63

623
156
330
234

612
183
302
235

392
174
172
187

1,004
584
396
549

849
830
235
638

2,264
3,006
409
1,987

1,018
1,588
124
945

7,039
6,556

2

2,161
4,844

7,041
6,556
2,161
4,844

9
25
2
40
32
154

28
60
2
98
107
410

25
108

36
450

217
188
873

30
395
1
257
188
1,020

73
1,517

106
117
440

19
84
3
78
78
302

42
299

1
1
3
20

805
528
3,588

519
601
1,950

262
2,938
9
2,121
1,842
8,757

Total current expenses

52

547

X, 484

1,591

1,130

3,207

3,570

11,781

6,162

Net earnings

18

265

712

765

553

1,740

1,820

4,440

3,930

Number of banks
Total deposits .
. _
._.__-_.
Capital stock, par value
Capital funds
Gross earnings:
Interest and discount on loans
_
_
Interest and dividends on bonds, stocks,
and other securities
;_ .
Collection charges, commissions, fees, etc
Foreign department (except interest on
foreign loans, investments, and bank
balances) _
Trust department
Service charges on deposit accounts
Rent received.
_ _
_
Other current earnings
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
Employees other than officers
3
Number of officers
Number o] employees other than officers4. - .

Fees paid to directors and members of
executive, discount, and advisory committees
_- _
Interest on time and savings deposits
Interest and discount on borrowed money.._
Real estate taxes
_
Other taxes
Other expenses
_




$750,001 $1,000,001 $2,000,001
to
• to
to
$1,000,000 $2,000,000 $5,000,000

$50,000,001
$5,000,001
to
to
$50,000,000 $100,000,000

Total

1 6
481
435, 356 1,506,758
22, 500
80,022
45, 368
159, 532

Total

443
50
104

481
1, 507,201
80,072
159,636

25, 268

3

25, 271

10, 236
1,119

2

10, 238
1,119
33
602
2,340
3,832
337

2

262
2,939
9
2,122
1,842
8,759

29, 524

6

29, 530

14, 243

8 1

14, 242

1
1

Recoveries, profits on securities sold, etc.:
Recoveries on loans _ . _ _ _ - _ _
Recoveries on bonds, stocks, and other
securities
Profits on securities sold
Allother
Total
Total net earnings, recoveries, etc
Losses and depreciation:
On loans
On bonds stock and other securities
On banking house, furniture and fixtures
Other losses and depreciation

64

170

181

114

299

251

849

612

2,545

2

5

15

7

13

85

504

78
42

110
32

92
20

46

1,341
146
2,603

2,266
4,767
787
10,365

12

2,266
4,778
787
10, 377

11

24,619

8

97

305

330

239

622

886

1,594
2,453
379
5,275

26

362

1,017

1,095

792

2,362

2,706

9,715

6,533

24,608

10

106

194

218

110

428

444

1,200
2,819
557
250

697
628
214

733

1

3,443
4,168
1,755
856
10, 222

2
1

3
2

17
14

6
24
17

71
62
48

22
62
37

27
48
34

229
48

154
174
93

445
105

372
197
161

Total

15

153

315

399

219

849

1,174

4,826

2,272

Net addition to profits

11

209

702

696

573

1,513

1,532

4,889

4, 261

14,386

7

4
6 136

14
M38

20
374

7
8 307

32
10 863

33
"641

163
12 1,890

121
1,880

11

3,443
4,168
1,755
856

394
6,536

Dividends:
On preferred stock
On common stock _

8

2,546

10, 222
11

14,397
394
6,536

7

140

452

394

314

895

674

2,053

2,001

6,930

Percent
84.29
5.71
1.43
8.57

Percent
79.93
9.98
3.69
6.40

Percent
69.49
16.26
5.55
8.70

Percent
66.72
18.46
5.65
9. 17

Percent
62.09
22.64
5.70
9.57

Percent
63.05
21.83
6.93
8.19

Percent
57.81
23.08
6.40
12.71

Percent
53.54
25.59
6.11
14.76

Percent
54.47
24.80
2.76
17.97

Percent
57.73
23.39
5.35
13.53

Percent
60.00
40.00

Percent
57.73
23.39
5.35
13.53

Total current earnings

100.00

100.00

100. 00

100. 00

100.00

100.00

100.00

100.00

100. 00

100. 00

100.00

100. 00

Salaries, wages, and fees
Interest on deposits
All other current expenses

38.57

36. 20
3.08
28.08

36. 75
2.73
28.10

34.81
4.58
28.14

34.76
4.99
27.39

32.95
6.05
25.83

31.70
7.33
27.20

32.94
9.35
30.34

26.18
4.46
30.42

31.66
6.71
29.09

40.00
20.00
60.00

31.66
6.71
29.09

120.00

67.46

Total
Ratios to total earnings:
Interest and discount on loans Interest and dividends on investments
Service charges
All other current earnings

_ .

Total current expenses
Net current earnings
Net losses and depreciation, less profits on
securities sold 13
Net profits

35.72
74.29

67.36

67.58

67.53

67.14

64.83

66.23

72.63

61.06

67.46

25.71

32.64

32.42

32.47

32.86

35.17

33.77

27.37

38.94

32.54

-6.90

-.45

-2.93

+1.19

-4.59

-5.35

+2.77

+3.28

+.33

+240. 00

+.35

25.74

31.97

29.54

34. 05

30.58

28.42

30.14

42.22

32.87

220. 00

32.89

-10.00
15.71

1 Includes 1 bank with deposits of $128,981,000.
2 Figures of first 6 months for 1 bank which was inactive on Dec 31, 1939.
3 Number at end of period.
* Number of full-time and part-time employees at end of period.
e Deficit.
«Includes 6 stock dividends aggregating $11,000.
7
Includes 22 stock dividends aggregating $78,000.




6,930

32.54

8 Includes 11 stock dividends aggregating $62,000.
fl
Includes 7 stock dividends aggregating $17,000.
>• Includes 13 stock dividends aggregating $95,000.
11
Includes 4 stock dividends aggregating $54,000.
12
Includes 8 stock dividends aggregating $159,000.
is Minus figures represent the excess of gross losses and depreciation over profits on
securities sold and recoveries; plus figures, the opposite.

CO

TABLE N O . 30.—Earnings, expenses, and dividends of national banks, by size of banks, for the year ended Dec. 81, 1939, by Federal Reserve
Districts—Continued
DISTRICT No. 12
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 30, 1939, of—
$100,001
to
$250,000

$250,001
to
$500,000

$500,001
to
$750,000

5
989
160
269

33
12,449
1,202
1,941

33
20,235
1,684
3,200

26
22, 599
1,595
2,837

44
59,979
4,117
8,136

31
90,943
4,838
11,450

46

430

594

661

1,782

2,120

12
1

109
24

214
35

211
38

607
100

927
108

5
4
2

36
26
9

1
55
42
13

56
37
6

9
149
141
15

2
83
196
176
32

70

634

954

1,009

2,803

20
6
12
7

174
48
95
65

207
89
101
99

210
106
88
100

8

8
95

6
14

13
14
118

12
166
1
15
29
169

Total current expenses

54

470

Net earnings _ __

16

164

Number of banks
Total deposits Capital stock, par value
Capital funds

. .

-.

Gross earnings:
Interest and discount on loans
Interest and dividends on bonds, stocks, and
other securities
.
_
Collection charges, commissions, fees, etc
Foreign department (except interest on foreign
loans, investments, and bank balances) ._i-_
Trust department
Service charges on deposit accounts
Rent received
_.
Other current earnings
Total earnings from current operations.
Expenses:
Salaries and wages:
Officers
Employees other than officers
Number of officers 3_ Number of employees other than officers 4
Fees paid to directors and members of executive, discount, and advisory committees
Interest on time and savings deposits
Interest and discount on borrowed money _ _
Real estate taxesOther taxes
Other expenses




$750,001 $1,000,001 $2,000,001 $5,000,001 $100,000,001
to
to
to
to
$1,000,000 $2,000,000 $5,000,000 $50,000,000 and over *

Total

Operating
less than 1
year 2

Total

11
3,292,622
138,720
296, 527

212
3,973,526
177,395
370,605

1
2,548
200
326

213
3, 976,074
177,595
370,931

9,216

66,216

81,065

22

81,087

4,013
408

30,405
2,376

36,498
3,090

17
1

36, 515
3,091

32
551
817
1,163
236

659
4,270
5,094
5,284
1,355

693
4,914
6,408
6,873
1,668

1
1

693
4,914
6,409
6,874
1,668

3,644

16,436

115, 659

141,209

42

141,251

507
349
190
293

545
559
154

2,036
2,854
466
2,074

11,267
23,708
2,398
14,740

14,966
27,719
8,504
17,787

10
4
2
2

14,976
27,723
3,506
17,789

11
185
2
15
30
177

29
441

24
673

73
2,732

207
21,703

54
102
491

53
136
557

237
642
3,116

2,600
4,495
19,373

364
26,003
3
2,987
5,454
24,015

16

364
26,015
3
2,987
5,454
24,031

688

736

1,973

2,547

11,690

83,353

101,511

42

101,553

266

273

830

1,097

4,746

32,306

39,698

29
473,710
25,079
46,245

12

39, 698

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities
Profits on securities sold
Allother

44

23

123

61

431

1,775

3
1

16
58
5

5
52
7

60
133
47

59
279
55

301
1,119
214

1,142
18,153
1,087

1,598
19,827
1,428

2,481

2,481

15
30
12

4
3

1,598
19,831
1,431

6

79

123

87

363

454

2,065

22,157

25, 334

7

25,341

243

389

360

1,193

1,551

6,811

54, 463

65,032

7

65,039

4
1
3

Total net earnings, recoveries, etc,-.
Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation

40
19
30
21

91
20
26
18

78
38
63
12

235
146
92
62

181
159
91
63

854
1,147
417
377

16,127
5,848
2,870
3,703

17,610
7,378
3,592
4,256

6
1

17,610
7,384
3,593
4,256

7

32,843

8

110

155

191

535

494

2,795

28,548

32,836

14

133

234

169

658

1,057

4,016

25,915

32,196

1
3

9
6 116
125

4
7 116
120

21
8 308
329

14
9 378
392

246
io 2,054

620
16,647

918
19,693

4

3
5 71
74

2,300

17,267

20,611

3

20,614

Percent
65.72
17.14
.
7.14
10.00

Percent
67.82
17.19
5.68
9.31

Percent
62.26
22.43
5.77
9.54

Percent
65.51
20.91
5.55
8.03

Percent
63.57
21.66
5.32
9.45

Percent
58.18
25.44
5.38
11.00

Percent
56.07
24.42
4.97
14.54

Percent
57.25
26.29
4.40
12.06

Percent
57.41
25.84
4.54
12.21

Percent
52.38
40.48
2.38
4.76

Percent
57.41
25.85
4.54
12.20

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

37.14
11.43
28.57
77.14

36.28
14.98
22.87

32.29
17.40
22.43

32.41
18.33
22.20

31. 57
15.74
23.08

30.96
18.47
20.47

30.19
16.62
24.31

30.42
18. 76
22.89

30.49
18.41
22.99

33.33
28.57
38.10

30.49
18.42
22.99

74.13

72.12

72.94

70.39

69.90

71.12

72.07

71.89

100.00

71.90

22.86

25.87

27.88

27.06

29.61

30.10

28.88

27.93

28.11

28.10

-2.86

-4.89

-3.35

-10.31

-6.14

-1.10

-4.44

-5.52

-5.31

-5.31

Total

._ ___ ._. -

Total
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investments
Service charges
All other current earnings
Total current earnings
Salaries, wages, and fees..
Interest on deposits
All other current expenses

22

22

Total

Net addition to profits
Dividends:
On preferred stock
On common stock

2

-

Total current expenses
Net current earnings
Net losses and 12
depreciation, less profits on
securities sold
__

32,196
918
ii3

19,696

24.44
16.75
23.47
29.00
22.41
22.79
Net profits ._
24.53
20.98
22.80
20. 00
8
Includes 14 stock dividends aggregating $63,000.
Includes 1 bank with deposits of $84,670,000.
9
Includes 2 stock dividends aggregating $7,000.
Includes also figures of first 6 months for banks which were inactive on Dec. 31, 1939.
*° Includes 6 stock dividends aggregating $580,000.
3 Number at end of period.
4
" Stock dividend of $3,000.
Number of full-time and part-time employees at end of period.
5
1 Minus figures represent the excess of gross losses and depreciation over profits on
2
Includes 5 stock dividends aggregating $10,000.
6
securities sold and recoveries.
Includes 13 stock dividends aggregating $37,000.
7
Includes 5 stock dividends aggregating $24,000.
1
2




TABLE N O . 31.—Earnings, expenses, and dividends of nonmember national banks, by size of banks, for the year ended Dec. 31, 1939
[In thousands of dollars]
Banks operating throughout entire year with deposits on Dec. 30,1939, of—
$100,000 $100,001 $250,001 $500,001 $750,001 $1,000,001 $2,000,001 $5,000,001 $50,000,001 $100,000,001
to
to
to
and
to
to
to
and
to
to
under $250,000 $500,000 $750,000 $1,000,000 $2,000,000 $5,000,000 $50,000,000 $100,000,000
over

Number of banks
Total deposits
Capital stock, par value
Capital funds
Gross earnings:
Interest and discount on loans
..
Interest and dividends on bonds,
stocks, and other securities
Collection charges, commissions, fees,
etc
Foreign department (except interest
on foreign loans, investments, and
bank balances) . _.
Trust department
Service charges on deposit accounts
Rent received
__
Other current earnings
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
Employees other than officers
3

Number of officers
Number 3of employees other than
officers
Fees paid to directors and members of
executive, discount, and advisory
committees
Interest on time and savings deposits-.
Interest and discount on borrowed
money
Real-estate taxes
Other taxes
Other expenses
Total current expenses
Net earnings. _




Total

Operating less
thanl
year

Total

4
6,220
350
730

12
47,822
3,450
7,005

6
54,042
3,800
7,735

6
54,042
3,800
7,735

177

1,013

1,190

1,190

62

696

758

758

51

193

244

244

1
8
18

10
7
30
41
38

11
7
38
59
38

11
7
38
59
38

317

2,028

2,345

2,345

51
34
15

235
338

41

286
372
56

286
372
56

28

184

212

212

2
64

6
353

8
417

8
417

3
12
55

36
103
260

221

33
91
205
1,261

1,482

36
103
260
1,482

96

767

863

863

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and
other securities

5

Profits on securities sold
Allother
Total
Total net earnings, recoveries, etc_ .

194

199

199

2
23

1
424
2

3
447
2

3
447
2

30

621

651

651

126

1,388

1,514

1,514

1

Total
Percent
Ratios to total earnings:
Interest and discount on loans
Interest and dividends on investmentsService charsres
All other current earnings
Total current earnings
Salaries, wages, and fees
Interest on deposits
All other current expenses
Total current expenses
-Net current earnings
Net losses and depreciation, less profits
on securities sold 5

6

368

376

12

55
9

67
9

188

188
376

26

614

640

640

774

874

874

6
444

308

6
352

6
352

308

50

Percent

Percent

1 Includes 1 bank with deposits of $3,012,000.
2 Number at end of period.
a Number of full-time and part-time employees at end of period.

Percent

Percent

i

67
9

100

Net profits




182

8

ii i i

Losses and depreciation:
On loans
On bonds, stocks, and other securities.
On banking house, furniture and
fixtures
Other losses and depreciation
Total
Net addition to profits
Dividends:
On preferred stock
On common stock

Percent
55.84
19.56
2.52
22.08

Percent

Percent
49.95
34.32
1.48
14.25

358

Percent

Percent

358

Percent
Percent
50.75
32.32
1.62
15.31 : : : : : : : : : :

Percent
50.75
32.32
1.62
15.31

100.00

100. 00

100.00

27.45
20.19
22.08

28.55
17.41
16.22

28.40
17.78
17.02

69.72

62.18

63.20

63.20

37.82

36.80

o

36.80

30.28

+1.26
31. 54

+.35
38.17

100. 00
!

28.40
17.78
17.02

+.47

+.47

37.27

o

37.27

< Includes 2 stock dividends aggregating $26,000.
« Plus figures represent the excess of profits on securities sold and recoveries over gross
losses and depreciation.

h-»•
CO
CO

TABLE NO. 32.—Number of national banks, capital stock, capital funds, net addition to profits, dividends and ratios

CO

[In thousands of dollars. Figures for previous years, published in reports for 1937, p. 127, and 1938, p. 115]
Capital stock (par value)»
Number of
banks Preferred Common

YEAR ENDED DEC. 31
1929.... .
1930
1931
1932
1933 . . .
.
1934
1935 . . .
1936
1937. .
1938
1939

7.408
7,038
6,373
6,016
« 5,159
<5,467
5,392
5,331
5,266
5,230
5,193

Total

Dividends
Capital
funds »3

Net addition to
profits

On pre- On common
ferred
stock
stock

92,469
349,470
510,511
447,501
305,842
267,495
241.075

1,650,574
1,724,028
1,680,780
1,597,037
1,507,834
1,359,573
1,280,813
1,259,027
1,285,946
1,310,243
1,320,446

1,650,574
1,724,028
1,680,780
1,597,037
1,600,303
1,709,043
1,791,324
1,706,528
1,591,788
1,577,738
1,561,521

3,754,398
3,919,950
3,753,412
3,323,536
2,981,678
2,982,008
3,084,092
3,143,029
3,206,194
3,281,819
3,380, 749

291,944
158,411
»54,550
8164,737
8 286,116
8153,451
158,491
313,826
228,021
198,649
251, 576

247,897
216,287
194,023
135,381
71,666
82,122
98,786
117,869
136,803
133,142
130, 576

558
10,103
18,862
18,166
11,532
9,378
8,911

»53,793
187,661
478,205
500.954
345,507
279,737
256,155
221,384

1,617,344
1,690,301
1,723,035
1,633,617
1,557,528
1,425,947
1,306,033
1,262,522
1,275,166
1,302,236
1,316,066
1,324,159

1,617,344
1,690,301
1,723,035
1,633,617
1,611,321
1,613,608
1,784,238
1,763,476
1,620,673
1,581,973
1,572,221
1,545,543

3,674,190
3,835,095
3,905,508
3,564,857
3,156,232
2,920,783
3,048,535
3,123,493
3,186,577
3,246,886
3,331,650
3,425,667

301,804
246,261
52,541
8139,780
8 218,384
8 303,546
71,372
241,654
286,561
208,423
224,954
225,674

222,672
237,029
211,301
169,155
99,124
22
72,418
3,430
87,241
16,176
105,172
20,432
138,979
14,496
« 9,766 •133,998
129,330
8,468
129,048
8,482

Ratios
Dividends on
preferred
stock to
preferred
capital

DiviNet addition to
dends on Total
profits
common dividends
stock to to capicommon tal funds To capi- To capicapital
tal stock tal funds

1

7.78

.60
2.89
3.69
4.06
3.77
3.51
3.70

15.02
12.55
11.54
8.48
4.75
6.04
7.71
9.36
10.64
10.16
9.89

6.60
5.52
5.17
4.07
2.42
3.09
3.81
4.33
4.63
4.34
4.13

17.69
9.19
8 3.25
810.32
817.88
3 8.98
8.85
18.39
14.32
12.59
16.11

4.04
»1.45
8 4.96
8 9.60
8 5.15
5.14
9.98
7.11
6.05
7.44

.04
1.83
3.38
4.08
4.20
3.49
3.31
3.83

13.77
14.02
12.26
10.35
6.36
5.08
6.68
8.33
10.90
10.29
9.83
9.75

6.06
6.18
5.41
4.75
3.14
2.60
3.39
4.02
4.82
4.43
4.14
4.01

18.66
14.57
3.05
3 8.56
8 13.55
8 18.81
4.00
13.70
17.68
13.17
14.31
14.60

8.21
6.42
1.35
8 3.92
8 6.92
810. 39
2.34
7.74
8.99
6.42
6.75
6.59

IT1

YEAR ENDED JUNE 30
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940

.
.

7,536
7,252
6,805
6,150
*4,902
«5,422
5,431
5,374
5,299
5,248
5,209
5,170

1 Figures for capital stock and capital funds are averages of amounts from reports of
condition for all calls made in each year and the last call made in the preceding year;
I. e., from December to December, inclusive, and June to June, inclusive.
8
Represents aggregate of capital stock, surplus, undivided profits, and reserves.




8 Deficit.
« Licensed banks, i. e., those operating on an unrestricted basis.
5
As of June 30,1933, when preferred stock was first reported.
«Revised.

a
Kj

TABLE N O . 33.—National-bank investments in U. S. Government securities and other bonds and securities, loans and discounts (including
overdrafts), and losses charged off on account of bonds and securities and loans and discounts
[In thousands of dollars. Figures for previous years, published in report for 1938, pp. 113 and 114]
Percentage of losses
charged off—
U. S Government
securities i

1929
1930
1931
1932
1933
1934
1935_
1936
1937
1938
1939
1929.
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940

_ _
YEAR ENDED JUNE 30

. . .
. . .
.
.

Loans and
discounts
(including
overdrafts) J

Losses
charged off
on bonds
and securities

Losses
charged off
on loans
and discounts

On bonds
and securities to
total bonds
and securities

On account
loans and
discounts
to total
loans and
discounts

2,845,261
2,712,172
3,113,913
3,488,174
4,093,314
5,866,033
7,311,843
8,182,752
8,285,714
8,266,999
8,774,784

_

.

Total bonds
and securities i

3

n

i
H

W

YEAR ENDED DEC. 31

.

Other bonds
and securities^

3,906,407
4, 111, 428
4,346,085
3,868,027
3,486,875
3,419,850
3,575, 737
3,899,553
3,942,442
3,719,867
3,775,196

6,751,668
6,823,600
7,459,998
7,356,201
7,580,189
9,285,883
10,887,580
12,082,305
12,228,156
11,986,866
12,549,980

15,020,482
14,749,952
13,139,634
10,496,358
8,583,467
7,767,047
7,434,095
7,744,609
8,593,056
8,513,452
8,667,826

63,390
71,399
184,305
184,797
244,924
206,740
116,309
91,764
92,343
115,281
109,378

93,720
135,294
212,770
261,567
305,234
299,189
160,121
154,614
71,844
80,290
67,171

0.94
1.05
2.47
2.51
3.23
2.23
1.07
.76
.76
.96
.87

0.62
.92
1.62
2.49
3.56
3.85
2.15
2.00
.84
.94
.77

2,962,619
2,719,521
2,934,984
3,268,669
3,701,949
4,832,989
6,721,078
7,742,412
8,379,335
8,092,989
8,502,693
8,935,334

4,061,114
3,881,301
4,353,357
4,166,880
3,696,804
3,351,343
3,488, 704
3,746,376
4,028, 727
3,743,125
3,750,231
3,790,291

7,023, 733
6,600,822
7,288,341
7,435,549
7,398,753
8,184,332
10,209, 782
11,488,788
12,408,062
11,836,114
12, 252,924
12,725,625

15,050,477
14,900,972
14,169,044
11,971,501
9, 544,594
8,017,312
7,538,304
7,476,501
8,330,505
8,648,108
8,432,906
8,924, 210

43,458
61,371
119,294
201,848
236,557
241,789
136,743
93,339
94,069
103,009
116,323
105, 559

86,815
103,817
186,864
259,478
231,420
379,294
188, 237
154, 964
111,000
66,203
84,897
65,262

.62
.93
1.64
2.71
3.20
2.95
1.34
.81
.76
.87
.95
.83

.58
.70
1.32
2.17
2.42
4.73
2.50
2.07
1.33
.77
1.01
.73

1 Figures for securities and loans and discounts are averages of amounts from reports of condition for all calls made in each year and the last call made in the preceding year;
i. e., December to December, inclusive, and June to June, inclusive.




CO
Of

196

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 34.—Assets and liabilities oj all banks in District of Columbia at date of
each call during year ended Oct. 31, 1940
[In thousands of dollars]
Dec. 30,
1939

June 29,
1940

22 banks
ASSETS

Mar. 26,
1940
22 banks

22 banks

112,439
31
80,842
29,137
2,378
19,908
1,872
71,234
12,078
59,147
15,408
3,452

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities .

121,373
24
83,307
26,153
2,871
20,757
1,863
79,849
11,578
67,210
15,412
3,293

2,285
3

2,285
15

474
351

429
490

472
375

422, 750

436,837

208,671
113,663
259
1,519
65
32,427
4,937
861,641
247,084
114,457

215, 224
117,705
218
1,519
65
35, 598
2,546
872,875
254,867
118,508

226,928
118,061
219
1,505
222
35,003
2,740
884,678
265. 813
118, 865

442
714
517

3
495
966
816

15
496
772
2,568

363,220

Total assets-.

115,188
15
84,947
25,641
2,616
19, 989
1,864
81, 773
12,356
56,337
15,448
3,369

411,043

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. 8. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection...
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
_
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets

37-% 155

388,529

1,113
1,400
17,300
19,81S
16,845
9,049

970
1,250
17,350
19,670
16,882
9,119

970
1,250
17,350
19,570
17,042
9,462
2,234

CAPITAL ACCOUNTS

Capital stock:
Capital notes and debentures
Preferred stock
Common stock
Total capital stock
Surplus..
Undivided profits
Reserves and retirement account for preferred stock and capital notes
and debentures

Total liabilities and capital accounts.

2,116

2,024

47,823

Total capital accounts

47,595

411,043

422,750

436,837

16,411

15, 944

15, 583

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total .
Secured liabilities: Deposits secured by pledged assets pursuant to
requirements of law
Total.




251

177

344

4,697

4,674

4,642

21,359

20,795

12,193

11,953

11,867

12,193

11,953

11,867

REPORT OF THE COMPTROLLER OF THE CURRENCY

197

TABLE N O . 35—Assets and liabilities of savings and State banks in District of

Columbia at date of each call during year ended Oct. 31, 19^0
[In thousands of dollars]
Dec. 30,

Mar. 26,
1940 •

8 banks

8 banks

J u n e 29,
1940
8 banks

ASSETS

Loans and discounts
Overdrafts...
.
U.S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank
Currency and coin
Balances with other banks, and cash items in process of collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Interest, commissions, rent, and other income earned or accrued but
not collected
Other assets
Total assets..

23,451
2
1,271
1,538
22
1,465
30
6,484
1.762
2,959
1,105

24,346
2
1,128
1,541
12
1,396
30

26

22

346

345

345

16
39

29
21

7,453
1,699
2,996
1,109

26,005
3
1,261
1,541
12
1,457
30
6,897
1,733
3,097
1,105

40,496

42,138

43. 558

16,002
18,845
58
113
6
221
440
35, 685
16,712
18,973
299
115
37

16, 369
20, 277
18
113
6
211
234
37,228
16,863
20,865
339
114
86

16, 753
21,193
18
99
7
230
263
38, 563
17,282
21,281
339
134

36,136

37, 767

39, 085

738
250
250
2,238
1,171
586

720
250
1,250

720
250
1,250
2,220
1,257
605

LIABILITIES

Demand deposits of individuals, partnerships, and corporations. _.
Time deposits of individuals, partnerships, and corporations
Postal savings deposits
Deposits of U. S. Government
Deposits of States and political subdivisions
Deposits of banks
Other deposits (certified and cashiers' checks, etc.)
Total deposits
Demand deposits
Time deposits

Interest, discount, rent, and other income collected but not earned.
Interest, taxes, and other expenses accrued and unpaid
Other liabilities
Total liabilities.
CAPITAL ACCOUNTS

Capital stock:
Capital notes and debentures
Preferred stock
Common stock
Total capital stock
.
Surplus..
Undivided profits
Reserves and retirement account for preferred stock and capital
notes and debentures
Total capital accounts
Total liabilities and capital accounts

1*202
568

365

381

391

4,360

4,371

4,473

40, 496

42,138

43, 558

232

250

250

MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Other assets pledged to secure deposits and other liabilities,
including notes and bills rediscounted and securities sold under
repurchase agreement
Assets pledged to qualify for exercise offiduciaryor corporate
powers, and for purposes other than to secure liabilities
Total

13
83

78

57

328

328

307

294

165

294

165

Secured liabilities:
Deposits secured by pledged assets pursuant to requirements of
law
Total-




208

198

COMPTROLLER OF THE CURRENCY

REPORT Oft

TABLE NO. 36.—Assets and liabilities of trust companies in District of Columbia at
date of each call during year ended Oct. 81, 1940
[In thousands of dollars]
Dec. 30,
1939

Mar. 26,
1940

June 29,
1940

5 banks

5 banks

5 banks

ASSETS

38,075

38,802

31,266
7,757
1,294
7,614
1,121
21,573
3,278
15,188
7,135
2,608

30,773
7,905
1,306
7,501
1,116
23,175
2,905
18,676
7,095
2,544

1,940

1,940

1,940

329
176

270
239

335
160

139,359

144,236

63,306
47,823
112
2,233
1,723
115,197
67,824
47,873
12
350
275

63,869
49,080
112
2,610
540
116,211
67,081
49,130
13
466
326

69,715
48,292
112
2,417
511
121,047
72,705
48,342
10
358
284

115,834

Total assets

37,406
3
30,346
8,261
1,275
7,534
1,125
20,256
2,955
16,911
7,162
2,683

138 362

Loans and dscounts
Overdrafts
-_
U. S. Government securities, direct obligations
_
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
__
Corporate stocks, including stock of Federal Reserve bank
Reserve with Federal Reserve bank _ .
.__
Currency and coin
Balances with other banks, and cash items in process of collection..
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises
or other real estate
Interest, commissions, rent, and other income earned or accrued
but not collected
_
Other assets

117,016

121,699

375
8,400
8,775
8,958
3,769
1,026

250
8,400
8,650
8,964
3,797
932

250
8,400
8,650
8,965
4,042
880

22,528

22,343

22,537

138,362

139,359

144,236

4,007

4,207

4,494

2,490

2,491

2,489

6,497

6,698

6,983

3,069

3,167

3,371

3,069

3,167

3,371

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
Time deposits of individuals, partnerships, and corporations
Deposits of U. S. Government . _ . .
Deposits of banks
Other deposits (certified and cashiers' checks, e t c . ) . . .
Total deposits
Demand deposits
Time deposits
Interest, discount, rent, and other income collected but not earned..
Interest, taxes, and other expenses accrued and unpaid
Other liabilities _
Total liabilities
CAPITAL ACCOUNTS

Capital stock:
Capital notes and debentures
Common stock
Total capital stock _
Surplus
Undivided profits . . _
. .
Reserves and retirement account for capital notes and debentures. _.
Total capital accounts

-

- -

Total liabilities and capital accounts
MEMORANDA

Pledged assets:
U. S. Government obligations, direct and guaranteed, pledged
to secure deposits and other liabilities
Assets pledged to qualify for exercise of fiduciary or corporate
powers, and for purposes other than to secure liabilities
Total
Secured liabilities:
Deposits secured by pledged assets pursuant to requirements
of law_ _
_ - - - _ _
__
Total




199

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 37.—Earnings, expenses, and dividends of banks in the District of
Columbia for the 6-month periods ended June 30, 1940, and 1939 l
[In thousands of dollars]
6 months ended June 30—
National
banks

Trust companies

Savings
banks

Total

1940
Number of banks

._

1939

1940

1939

1940

1939

1940

9

9

5

5

8

8

22

22

860

834

676

611 2,755

2,558

703
72

737
76

47
67

62 1,701
66
167

1 826
172

6
329
69
282
41

4
411
64
297
42

9
462
391
445
52

7
540
346
454
60

979

904 5,982

5,963

Gross earnings:
1,219 1,113
Interest and discount on loans
Interest and dividends on bonds, stocks, and
951 1,027
other securities
28
Collection charges, commissions, fees, etc _
30
Foreign department (except interest on foreign
3
loans, investments, and bank balances)
3
Trust department
.
133
129
164
152
Service charges on deposit accounts.
141
Rent received
135
2
Other current earnings
5
Total earnings from current operations
Expenses:
Salaries and wages:
Officers
Employees other than officers .
2

2,641 2,594 2,362 2,465

158
22
9

130
22
13

1939

359
537
130
775

349
515
128
731

268
526
80
743

255
516
80
738

105
182
59
307

97
732
169 1,245
269
54
285 1,825

701
1,200
262
1,754

23
360
62
157
435

19
345
64
124
427

19
358
83
148
421

15
364
87
153
418

8
143
7
89

189

7
50
861
127
152
7
394
68
172 1,045

41
836
158
345
1,017

1,933

1,843

1,823

1,808

723

647 4,479

4,298

Net operating earnings

708

751

539

657

256

257 1,503

1,665

Recoveries, profits on securities sold, etc.:
Recoveries on loans
Recoveries on bonds, stocks, and other securities.
Profits on securities sold
Allother

55
107
301
7

28
265
653
11

28
7
86
71

31
43
241
26

8
12
6

Number
Number

of officers
of employees other than officers*

Fees paid to directors and members of executive,
discount, and advisory committees
Interest on time and savings deposits . _ . __
Real estate taxes
Other taxes.
_
..
.._
Other expenses
Total current expenses

Total

13

110

701

1,408

367 2,204

3,073

70
324
975
39

Total—

957

192

341

39

1,178

1,708

731

998

295

50
268
40
13

37
453
39
6

62
64
85
84

27
19
84
120

16
26
28
15

19
45
40
9

128
358
153
112

371

Losses and depreciation:
On loans
On bonds, stocks, and other securities
On banking house, furniture and fixtures
Other losses and depreciation

535

113

751

898

254 1,453

2,175

295

250

85

Net addition to profits

807 1,173

436

748

210

Interest and dividends:
On capital notes and debentures
On preferred stock.
On common stock

6

8

21
324

26
318

296

296

11
8
56

345

344

302

304

75

1
2
3

96
122
399
84

470

Total net earnings, recoveries, etc

Total...

11
16
81
2

—

Excludes the Export-Import Bank of Washington.
Number at end of period.
Number of full-time and part-time employees at end of period.




12
~~47~

59

83
517
163
135

17
29
676

20
26
661

722

707

TABLE N O . 38.—Capital, capital funds, net addition to profits, and interest and dividends of all banks in the District of Columbia
[In thousands of dollars]

Num- Capital Preber of
banks notes ferred
and
stock

Common
stock
deben- (par
(par
tures value) value)

Ratios

Interest and dividends

Capital i

Interest on Dividends
Total in- Net addition to
Capital Net adprofits
dition
capital
funds to prof- On cap- On pre- On com- notes and on pre- Dividends Total in- terest
terest and divion com(12)
ital notes ferred mon debentures ferred
mon stock and divi- dends to
Total
its
and deto capital stock to
common
capibentures stock stock notes and preferred to capital dends to capital To capi- Total
capital
funds
tal
debentures capital
funds

YEAR ENDED
DEC. 31
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939

43
42
41
41
39
39
34
21
22
22
22
22
22
22

YEAR ENDED
JUNE 30 4
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933

23,942
24,323
24,577
24,868
24,008
23,328
23,072
19,516
21,260
21, 675
21,429
21,223
20,718
19,803

4,612
46,338
3,726
49,214
4,300
50,885
4,374
52,733
2,983
52, 638
1,514
52,066
50,062 8 1,218
41,119 3 2,186
3 416
39,849
2,501
40,843
3,744
42,263
2,966
44,365
2,480
45, 481
3,455
46,966

44
45

_

23,942
24,323
24,577
24,868
24,008
23,328
23,072
19, 216
18,345
18,235
18, 243
18,250
18,060
17,300

19, 585
20,235

19,585
20,235

33, 637
34,951

2,036
3,067

47
50
49
46
44
43
43
42
41
40
39
39
20

20,803
21, 324
21,946
22,897
23,207
23,666
24. 248
24,450
24,714
24.509
23,568
23,328
21,577

20,803
21,324
21,946
22,897
23,207
23. 666
24; 248
24,450
24,714
24.509
23,568
23,328
21, 577

37,251
39,048
40,955
42,342
42,748
44,896
48,135
50,146
51,740
52.789
52,350
51,485
46,863

2,592
3,092
3,576
3,431
3,758
4,740
4,059
4,402
4,191
3,642
2,760
1,332
3 2,777

300
1,340
1,790
1,536
1,419
1,303
1,295




1,575
1,650
1,650
1,554
1,355
1,208

31
77
58
47
41
40

34
68
68
59
50
47

12.51
10.70
11.68
11.41
11.48
11.35
9.87
5.24
4.91
5.46
5.94
6.54
7.19
7.97

12.51
10.70
11.68
11.41
11.48
11.35
9.87
5.24
4.54
5.26
5.64
6.13
6.70
7.40

6.47
5.29
5.64
5.38
5.23
5.09
4.55
2.45
2.42
2.79
2.86
2.93
3.05
3.12

19.26
15.32
17.50
17.59
12.43
6.49
35.28
3 11.20
3 1.96
11.54
17.47
13,98
11.97
17.45

9.95
7.57
8.45
8.29
5.67
2.91
3 2.43
3 5.32
3 1.04
6.12
8.86
6 69

1,713
1 769

8.75
8.74

8.75
8.74

5.09
5.06

10.40
15.16

1,914
1,946
2,199
3,109
2,376
2,878
2,614
2,665
2,798
2,888
2,737
2,530
1,651

9.20
9.13
10.02
13.58
10.24
12.16
10.78
10.90
11.32
11.78
11.61
10.85
7.65

9.20
9.13
10.02
13.58
10.24
12.16
10.78
10.90
11.32
11.78
11.61
10.85
7.65

5.14
4.98
5.37
7.34
5.56
6.41
5.43
5.31
5.41
5.47
5.23
4.91
3.52

12.46
14.50
16.29
14.98
16.19
20.03
16.74
18.00
16.96
14.86
11.71
5.71
* 12.87

6.05
8.78
6.96
7.92
8.73
8.10
8.79
10.56
8.43
8.78
8.10
6.90
5.27
2.59
3 5.93

2,996
2,602
2,870
2,837
2,755
2,648
2,278
1,006
901
996
1,083
1,194
1,298
1,379

2.31
4.30
3.78
3.31
3.15
3.09

2.16
4.12
4.12
3.80
3.69
3.89

7.36

I
s

1934.
1935.
1936
1937
w 1938.
<£ 1939.
c>1940
oo

21
22
22
22
22
22
22

1,000
1,850
1,670
1.477
1,347
1,273
1,183

1,500
1,620
1,650
1,606
1,420
1,277
1,202

18,191
18,285
18,238

20, 691
21, 755
21,558
18, 250 21,333
18,250 21,017
17,680 20, 230
17,320 19,705

39.385 31,370
40,548
805
41, 545 2,973
43, 767 3, 728
45,109 2,626
46, 222 3,123
47, 692 2,733

4
67
68
51
44
40
37

1 Figures for capital and capital funds are averages of amounts from reports of condition
for all calls made in each year and the last call made in the preceding year; i. e., from
December to December, inclusive, and June to June, inclusive.
2 Represents aggregate of capital, surplus, undivided profits, and reserves.




69
66
67
53
50
50

84?
902
1,030
1,183
1.203
1,368
1,394

4.66
4.93
5.65
6.48
6.59
7.74
8.05

4.11
4.77
5.40
6.10
6.19
7.21
752

2.16
2.56
2.80
2.97
2.88
3.15
3.11

3 6.62
3.70
13.79
17.48
12.49
15.44
13.87

»3.48
1.99
7.16
RS. 52
5.82
6.76
5.73

3 Deficit.
4
Figures of earnings and dividends for banks other than^national in the District of
Columbia not available prior to 1919.

n

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TABLE N O . 39.—Loans and investments and losses charged off on loans and investments by all banks in the District of Columbia

8

[In thousands of dollars]

U.S.
Government securities i

Other
bonds
and securities i

Total
bonds
and securities i

172,251
179,079
185.777
193,502
177, 620
159,495
137, 691
100, 653
88,108
84,381
89,801
99,976
100,398
105, 291

25,426
22,942
24,465
26,606
33,019
46,367
57, 981
65,385
77,442
88,389
96,882
113,687
111, 677
110,696

34,823
35,988
38,221
34,844
35,487
44, 657
43,299
31,668
27, 756
27,618
27,823
26,433
23, 565
23, 377

60,249
58,930
62,686
61,450
68,506
91,024
101,280
97,053
105,198
116,007
124, 705
140,120
135, 242
134,073.!

232,500
238,009
248,463
254,952
246,126
250, 519
238,971
197,706
193,306
200,388
214, 506
240,096
235,640
239, 364

513
447
486
663
756
1,338
1,209
2,255
2,847
1,142
946
347
416
257

59,499
55,096
49,868
53,643
58,057
57,344
60,464
60,948
59,021
61,122
63,321
61,903
79,819
97,042
99,382
99, 446
109,674
120,072
137,519
136,043
134,269
133,240

151,121
165,680
165,482
174,882
190,036
197,356
208, 525
227, 596
236,127
243,679
255, 742
249, 557
247,921
249, 265
221,464
190,463
194,900
206,406
234,303
237,415
235,047
245, 540

502
143
207
670
382
336
584
379
536
484
659
491
890
1,310
1,348
2,888
2,320
1,106
548
418
258
302

Total
loans
and
investments *

to

Percentage of losses charged of
f—

Loans and
discounts
(including
overdrafts)!

charged off charged off On loans and
discounts to
on loans
on bonds
and disand securitotal loans
counts
ties
and discounts

On bonds
and securities to total
investments

On loans and
investments
to total loans
and investments

284
177
81
149
233
1,120
1,178
2,145
930
496
845
811
892
1,045

0.30
.25
.26
.34
.43
.84
.88
2.24
3.23
1.35
1.05
.35
.41
.24

0.47
.30
.13
.24
.34
1.23
1.16
2.21
.88
.43
.68
.58
.66
.78

0.34
.26
.23
.32
.40
.98
1.00
2.23
1.95

610
984
937
316
233
252
213
203
237
135
150
178
563
1,029
2,031
1,351
693
707
859
830
964

.55
.13
.18
.55
.29
.24
.39
.23
.30
.27
.34
.26
.53
.86
1.10
3.17
2.72
1.28
.57
.41
.26
.27

1.03
1.79
1.88
.59
.40
.44
.35
.33
.40
.22
.24
.29
.71
1.06
2.04
1.36
.63
.59
.62
.61
.72
.66

.74
.68
.69
.56
.32
.30
.38
.26
.33
.25
.32
.27
.59
.94
1.53
2.23
1.55
.88
.60
.53
.52

Y E A E E N D E D DEC. 31
1926.
1927.
1928.
1929..
1930.
1931.
1932.
1933..
1934..
1935..
1936..
1937..
1938..
1939..

.56
.54

YEAR E N D E D JUNE 30 2
1919..
1920..
1921..
1922..
1923..
1924,.
1925..
1926-.
1927..
1928..
1929..
1930-.
1931..
1932..
1933-.
1934..
1935..
1936..
1937..
1938..
1939..
1940..

32,126
27, 373
25,628
29,468
21,562
28,306
22,350
31,293
33,629
24,428
25, 520
31,824
26,777
33,687
25,876
35,072
23, 584
35,437
23, 699
37,423
25,805
37, 516
28,396
33,507
39,067
40,752
51,853
45,189
60,227
39,155
71,573
27,873
81,985
27,689
92,383
27,689
110,075
27,444
111,685
24,358
110,680
23,589
108,880
24,360
1
Figures for loans and investments are averages of amounts from reports of condition
for all calls made in each year and the last call made in the preceding year; i. e., December
to December, inclusive, and June to June, inclusive.




91, 622
110,584
115,614
121, 239
131,979
140,012
148,061
166,648
177,106
182,557
192,421
187,654
168,102
152,223
122,082
91,017
85, 226
86,334
96, 784
101,372
100.778
112,300

2
Figures showing losses charged off on loans and investments of banks other than
national in the District of Columbia not available prior to 1919.

8

I
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TABLE NO. 40.—Individual statements of assets and liabilities of the 26 building and loan associations in the District of Columbia, Dec. 30, 1989
ASSETS
[Cents omitted]

Name of association

American
_
_
_ _.
Anacostia *
Brookland l
_
_
Citizens' Equitable
Columbia Permanent
_
_
District x
Eastern 1 _ . _ _ _ _ _
Electric
Equitable Cooperative
__ _ _
Enterprise
Home
TToTnp Tynan f\Ttc\ Pavings
TTome TVTntnal i
Hyattsville 2
Interstate 1
Kenilworth _ .
_
Metropolis
Mutual..- _ _ _ _ _ _
_
Northeast.. ._
Northern Liberty
Oriental
Perpetual
Progressive
Prudential l
Washington Permanent_ __
Total
1

Heal
estate
loans

Stock
loans

Federal
Home Loan
Bank stock

Cash and
bank
balances

72,800
16,000
42,000
50,000
391,500
5,000

_24,828
40,000
70,000

1.700
84,623

80,000

50,188
49,969

$162,932
13.169
51,926
4,849
24,353
32,237
36.315
6,775
608,892
24,914
13,486
8,363
16,440
180,150
200,122
842
13,045
10,940
3,316
41,862
218,444
24,412
1,966, 252
12,443
59, 726
268,289

487,710

988,800

582, 210

4,004, 494

. $11,843,577
161,400
354,845
385,200
1, 803.981
1,755,617
3,941,550
36,998
7,181,017
1, 702,691
893,594
109, 589
163,650
6,974.041
2,489,418
7,393
5, 756,250
675,634
9,985, 533
1,403,000
5,259,852
6,034,550
47,514,854
294,983
3,142,600
9,331,335

$58,025
1,205

129,203,152

1,380
751
69
10,493
1,448
87,603
12,824
11,703
1,569
28,006
428
11, 600
3,800
26.860
26,600
63,400
15,400
38,223

$94,400
1,700
5,000

$71,250
24,900

16,900
15,000
45,000
72,500
7,500

%

2,900

2,000
65,700
29,200

50,000

49,100

25,675

Accounts insured by Federal Savings and Loan Insurance Corporation.




Other
securities

2

Real
estate
sold on
contract

Office
building,
furniture
and fixtures
$167.282
40
175

Other real
estate
owned

Interest
accrued,
not collected

$45,180

Other
assets

$3,089

56, 345

2,980
110
209,825
567
71
254
27,376
21,100
197
114,486

$12,445,735
177,514
436,846
393, 362
1,847,365
1,810,787
4,038,028
45, 221
8,146.835
1, 740,529
951,087
137, 304
189,862
7,605,467
2, 720,973
8,663
5,913, 567
691,029
10,435,780
1, 538, 719
5, 717,092
6, 223, 743
50, 558, 540
333,526
3, 255,411
10,130,463

77,491

484, 784

137,493,448

$1,933
1,380
3,816
2,203
$8,571
9,658
238,448

70,000
100
16,154
491
60
31,550
2,233

3,315

1,393

21,927

59,127
358,997

169,411

21,691

1,000
45, 725

78,000

317,960

936,889

409,958

4,357
743

34

43,403

5,000

37,500
213
94,043
44,800

12,665

733
2,467
96, 429

21,823
6,891
7,712
37,538

Total
assets

4,752
332
890
8,497

Authorized to conduct business in the District of Columbia effective Sept. 26,1939.

g
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TABLE N O . 40.—Individual statements of assets and liabilities of the 26 building and loan associations in the District of Columbia, Dec. 30,
1939—Continued
LIABILITIES
[Cents omitted]
Name of association

American
Anaeostia
Brookland
Citizens' Equitable
Columbia Permanent
District
Eastern
Electric
Equitable Cooperative....
Enterprise
Home
Home Loan and Savings.
Home Mutual
Hyattsville
Interstate
Kenilworth
Metropolis
Mutual..National Permanent
Northeast
Northern Liberty
Oriental
Perpetual
Progressive
Prudential
Washington Permanent..
Total




Investment Mortgage Incomplete
shares
pledged
loans
unpledged
shares
$10,543,881
148,476
415,203
316,638
1,706,868
1,498,936
3,307,182
43,505
5,087,829
1,515,205
822,949
88,576
169,357
6,416,435
2,104,323
7,383
5,093,354
425,722
8,757,906
1,415,547
4,778,353
5,324,936
45,488,140
224,343
2,589,001
8,605, 245
116,895,293

Bills
payable
$400,000
20,000

9,707
640,582
21,100
67,728
112,811

72,000
180,000
250,000

1,976,120

2,638,250

561,715 123,165,708

5,000

44,427
77,267
19,255
4,892
141,253
54

$178,250
44,050
87,519
3,000

50,000
485,000
60,000
26,000

165,023
391,525

•100,000
123,750

45,000

35,000
26,500
750,000

209,825
44,572
245,616
192,070
1,094,330

Total
liabilities

$72,415 $11,016,296
172,860
422,367
1,645
323, 283
1,742,249
35,381
1,757,569
595
3,836,232
43,505
1,145
5,176,493
1,142
1,623, 774
908,905
133,831
174,249
6,822,711
2,619,955
45
7,428
152,334 5,325,688
194,722
646,944
652 9,718,383
1,460,119
5,061,941
65
5,635,324
11,209 46,139,931
4,789
322, 232
54,281 3,083,080
22,303 8,990,359

$4,384
7,164
29,788

Other
liabilities

55,000

Surplus
fund
$900,000
9,000
30,000
104,553
40,577
100,000
650
683,072
72,500

12,117
559
550,000

Net undivided
profits
$149,103
585
1,429

87,254
1,066
4,255
42,182
23
14,241
417,980
67,951

125.000
700,000

27,834
40,100
133,397
35,600
203,822
145,918
541,868
5,197
18,831
104,563

7, 764,858

2,046,962

500,000
43,000
451,329
442,501
3.000,000

Reserves

Total
capital
accounts

Total
liabilities
and capital
accounts

$380,336
4,069
4,050
36,316
563
12,641
14,542

$1,429,439 $12,445,735
4,654
177, 514
14,479
436,846
70,079
393,362
105,116
1,847,365
53, 218
1,810,787
201,796
4,038,028
1,716
45,221
2, 287, 270 2,970,342
8,146,835
40,000
116.755
1,740,529
42,182
951,087
3,450
3,473
137,304
1,372
15,613
189,862
364,776
782.756
7,605,467
20,950
101,018
2, 720,973
1,235
8,663
676
587,879
5,913,567
10,045
44,085
691,029
3,985
717,397
10,435, 780
84,000
78,600
1,538,719
655,151
5,717,092
588,419
6,223,743
876,741 4,418,609 50, 558, 540
11,294
333, 526
6,097
172,331
3, 255,411
28,500
1,140,104 10,130,463
335,541
4,515,920

14,327,740

n
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o
H
,

137,493,448

9

205

REPORT OF 'THE COMFTROLIJER OF THE CURRENCY

TABLE N O . 41.—Summary of assets and liabilities Dec. 30, 1939, and receipts and
disbursements in year ended Dec. 31, 1939, of the 26 building and loan associations
in the District of Columbia
[In thousands of dollars]
Assets
Real-estate loans
Stock loans
Federal Home Loan Bank stock
Other securities
Cash and bank balances
Real estate sold on contract
Office building, furniture and fixtures...
Other real estate owned
Interest accrued, not collected .__ _ . . .
Other assets . .
__.
-

Amount
129,203
488
989
582
4,004
318
937
410
77
485

Amount

Liabilities

Investment shares, unpledged—.
Mortgage pledged shares
Incomplete loans
Bills payable
.
Other liabilities

.

Total liabilities

123,165

CAPITAL ACCOUNTS

Surplusfund
Net undivided profits
Reserves

__

Total capital accounts
Total assets

137,493

116,895
1,094
1,976
2,638
562

Total liabilities and capital accounts

7,765
2,047
4,516
14,328
137,493

R E C E I P T S AND DISBURSEMENTS IN YEAR E N D E D D E C . 31, 1939
Receipts
Real estate loans.Stock loans
Investment shares, unpledged
Mortgage pledged shares
_
Incomplete loans .
Bills payable
Interest accrued, not collected
Other receipts
Total capital receipts

Amount
33,910
443
25,129
1,269
8,102
3,108
2,755
3,313
78, 029 *

EARNINGS

Disbursements

Amount

Real estate loans._
_ _
Stock loans
Investment shares, unpledged
Mortgage pledged shares
_
Incomplete loans
Bills payable
Interest accrued, not collected- _ __ ._
Other disbursements

41,926
454
18, 789
1,116
9,812
1 901
2,752
3,338

Total capital disbursements

80, 088

EXPENSES

Interest on loans
__ _
Commission on loans
Premium on loans _ _
Fees and fines. _
Commission on insurance
Rent received
__
Profit on sale of assets
Recoveries on charged off assets
Other earnings.

7,300
27
14
37
30
58
13
32
65

Salaries and fees paid officers and directors
Salaries paid employees
Taxes and insurance
Rent paid
Interest on borrowed money
Dividends _
Losses and depreciation charged off
Other expenses

346
263
180
25
57
4,914
109
317

Total earnings
___ _ __
Cash and bank balances at beginning of
period

7,576

Total expenses
Cash and bank balances at end of period.

6,211
4,004

4,698

Grand total _

90, 303

Grand total

90, 303

NOTE.—Number of borrowing members, 36,123; nonborrowing, 100,488. Number of associations members
of Federal Home Loan Bank System, 18. Number of associations with shares insured by the Federal Savings and Loan Insurance Corporation, 7.




206

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 42.—Individual statements of assets and liabilities of the 25 District of
Columbia credit unions, Dec. 30, 1939
ASSETS
[Cents omitted]
Investments

Name of credit union

Loans

Adjutant General's Office
Agricultural Employees'
Armour Washington
Credit Union of the Employees of
the Department of Labor..
Department of Commerce
Educational Employees'
F . C. A. Employees'-F. E. U., No. 105—
F . E. U., No. 261
F . E. U., Local 262
G. A. 0 . Employees'
_
_._
In-Com-Co
_Marcom
__
Navy Department Employees'
Navy Yard
Police
Post Office Department Employees'
Railway Mail Service
_
St. Anthony's Parish
Standards
Swift Employees'
Uniformed Firemen's
Veterans' Administration Employees'
Washington Postal Employees'
Western Union Employees'
-

$19,183
111, 626
2,113

Total

Deposits
in banks

Cash
on
hand

Furniture
and
fixtures

$665
3,459
1,242

29,129
68,649 '""b, 249"
11,879
89,152
16,500
20,660
709
19,327
856
213,426
6,100
73,376
28,624
25,810
2,759
71,095
849
91,672
48,654
40,559
879

$151
62

$37
102

3,086
16,796
485
3,970
3,647
158
2,945
19,167
26,382
416
7,498
1,485
1,848

$165

764

106

59,554
24,790
6,906
10,864
4,668
139,364

4,200

3,362
2,879
1,234
913
1,461
9,201

83,476
177,114
10,638

15,113
32,766
106

9,150
15,910
2,105

1,410,603

174,044

139,464

5,131
6,450
1,500
3,007

Other
assets

56
5
82
549
300

260

$20,036
115,414
3,355

$118
94

35
80
60

483
8,000

121
394

300
75
134
115

Total

233

33,085
90,694
12,538
109,981
25,098
20,925
222,851
92,603
80,816
3,175
80,046
150,205
43,286

232

68,580
34,194
9,774
14,971
6,129
152,997

500
118
163

81
359
98

108,320
226,267
13,110

11,857

2,248

50

22

234

1,738,450

LIABILITIES

Name of credit union

Adjutant General's Office
Agricultural Employees'_-.
Armour Washington
Credit Union of the Employees of
the Department of Labor
Department of Commerce
Educational Employees'
F . C. A. Employees'
F . E . U., No. 105
F . E . U., No. 261
F . E. U., Local 262
G. A. O. Employees'
_
In-Com-Co
__ _ __
>Marcom
Navy Department Employees'
Navy Yard
Police
Post Office Department Employees'
Railway Mail Service
St. Anthony's Parish
Standards
.
Swift Employees'
Uniformed Firemen's
Veterans' Administration Employees'
Washington Postal Employees'
Western Union Employees'
Total




Divi- Reserve
Shares Borrowed dends fund for
paid in
money unpaid
bad
debts
$18,299
107,302
3,030
30,081
82,862
10,370
101,841
22,667
16,538
177,876
86,481
76,726
3,090
73,367
129,627
38,657
62,039
29,694
8,649
13,246
5,454
135,653

$500

Other
liabilities

Total

800
1,500
17,200

7,500

58

27,500

61

$427
2,745
139

$698
5,355
186

$112
9

$20,036
115,414
3,355

1,094
3,261
360
3,826
329
1,160
8,037
547
467
44
849
5,079
1,512
1,219
2,657
584
574
210
7,179

1,888
4,571
975
4,309
2,093
1,727
19,738
5,575
3,622
41
5,830
7,918
3,117
5,322
1,843
541
994
465
10,165

22

33,085
90,694
12,538
109,981
25,098
20,925
222,851
92,603
80,816
3,175
80,046
150,205
43,286
68,580
34,194
9,774
14,971
6,129
152,997

2,967
11,194
233

$3

100,336
204,816
12,400
1,551,101

Undivided
profits

4,973
10,257
477

44

108,320
226,267
13,110

56,693

102,680

415

1,738,450

33
5
9

1
23

157

REPORT OF 'THE COMPTROLLER OF THE CURRENCY

207

TABLE N O . 43.—Summary of assets and liabilities Dec. 30, 1939, and receipts
and disbursements in year ended Dec. 31, 1939, of the 25 District of Columbia credit unions
[Cents omitted]
Assets
Loans.Investments
Deposits in banks
Cashonjiand
Furniture and fixtures
Other assets
Total assets..

Amount

Liabilities

Amount

$1,410,603
174,044
139,464
11,857
2,248
234

Shares, fully paid
Shares, installment
Borrowed money
Dividends unpaid
Reserve fund for bad debts
Undivided profits
Other liabilities

$1,490,321
60,780
27,500
61
56,693
102,680
415

1,738,450

Total liabilities

1,738,450

R E C E I P T S A N D D I S B U R S E M E N T S I N YEAR E N D E D D E C . 31, 1939
Receipts

Amount

Disbursements

Amount

Payments on shares
Loans repaid
Interest on loans
Interest on investments
Money borrowed
Entrance fees
Fines received
Investments sold
Other income

$797,131
2,048,063
131,305
5,203
125,450
1,500
1,004
34,517
11,226

Shares withdrawn
Loans made
Dividends paid
Investments purchased
Borrowed money
Interest on borrowed money
General expenses
Salaries
Printing, stationery, postage, etc
Other disbursements

$420,357
2,415,860
50,832
78,053
111, 150
998
9,907
23,444
1,575
18,424

Total receipts
Deposits in banks at beginning of period.
Cash on hand at beginning of period. _

3,155,399
113,027
13,405

Total disbursements
Deposits in banks at end of period
Cash on hand at end of period

3,130,600
139,464
11,857

Grand t o t a l . . .

3,281,921

Grand total

NOTE.—Number of borrowing members, 11,677; nonborrowing, 8,380.




3,281,921

TABLE NO. 44.—Officials of State banking departments and number of each class of active banks under their supervision in June 1940 from which
reports of condition were received

8
00

State (commercial)1

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

Names of officials

Titles

Bank Commissioner
Andrew J. Beck
Clyde M. Davis
Bank Commissioner
...
Donald A. Hemenway . _ Commissioner, Department of Banking and
Insurance.
Joseph Earl Perry
H. L. Weller
Director of Business Regulation
Walter Perry...
Bank Commissioner

Mutual savings

Insured
Total
number
Nonof banks Members Not
Federal members insured
Federal
Reserve Reserve
System System

William R. White
Louis A. Reilly
John C. Bell, Jr
Frank E. Lynch, Jr
John W. Downing

Superintendent of Banks
Commissioner of Banking and Insurance
Secretary of Banking
State Bank Commissioner
Bank Commissioner

Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi—
.. __.
Louisiana
Texas
Arkansas
Kentucky.
TennesseeTotal Southern States.

Milton R. Morgan
R. C. Andrews
Gurney P. Hood
Edward A. Wayne
C. B. Golsan
J M. Lee
James B. Little
J. C. Fair
W.J. Begnaud
Lee Brady
G. S. Jernigan
Hiram Wilhoit
H. B. Clarke

Commissioner of Banking
Commissioner of Banking
Commissioner of Banks
Chief Bank Examiner
__
Acting Superintendent of Banks
Comptroller, State of Florida
Superintendent of Banks
State Comptroller
State Bank Commissioner .
Commissioner, Department of Banking
Bank Commissioner
Director, Division of Banking
Superintendent of Banks




9
8
1

29
2
5

38
2
43

5
1

263
23
150

42

135

59

447
161
401
31
126
13

125
52
83
4
10
5

169
75
2 282
23
101
8

279

184
104
185
131
233
121
152
182
116
393
169
314
226

35
21
10
5
18
4
17
2
7
68
7
17
6

2,510

217

Noninsured

6

Noninsured

26
43

4
10
27

1,179

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

17
3
32

595

Total New England
States.

63
55
41

Insured

Private

8
192
9
72

3

14

342

3

11
9
14
2
3

4
13
4

8
1
15

2

130
11
3
2
10

658

39

23

156

24

147
75
167
86
197
108
127
170
108
268
153
260
211

2
8
8
39
18
9
8
10
1
57
9
37
9

2,077

215

%

1

1

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.
_
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Total possessions
Total United States
and possessions.

3
3

Geo. H. Jackson
A A Rogers
Geo. J. Knox
Griffith L. Jenkins
R. F. Starley
D. G. La Rue
J. P. Metz
Oscar G. Olson

Supervisor of Banking
Superintendent of Banks
Superintendent of Banks
Commissioner of Finance
"Ra/nk CoTnTnissionp.r
Superintendent of Banks
Superintendent of Banks
Secretary, Territorial Banking Board
Bank Examiner
Bank Commissioner .
Treasurer

1
2 Includes loan and trust companies and stock savings banks.
8 Includes 2 trust companies which do not accept deposits.

Includes 1 private bank.
* Includes 1 trust company which does not accept deposits.




6
14
15
22
14
32
61
45

506

3,007

209

113
124
286
489
69
32
68
19
182

22
13
23
25
9
13
5
9

103
101
215
247
44
23
47
13
161

10
1
58
218

119

954

308

98
47
128
32
46
5
7

State "Examiner
Superintendent of Banks
Superintendent, Department of Banking
Bank Commissioner
Superintendent of Banks
State Examiner
State Bank Commissioner
State Bank Examiner
Bank Commissioner

321
3 316
421
210
423
436
444
* 436

16
7
16
9
20
1
2

73
36
84
22
26
4
5

6
3
28
1

71

250

38

4

1

12
14

3
1

363

Erling Haugo .
B. N. Saunders
Elwood M. Brooks
W. A. Brown
A. E. T Harl
MapleWilde
Nolan P. Walter
Linwood 0. Neal

112
34
76
135
31
20
38
60

1,382

J, A T GrahHTTi

Superintendent of Banks
Director, Department of Financial Institutions..
Auditor of Public Accounts
Commissioner, State Banking Department
Commissioner, State Banking Department .
Commissioner of Banks
Superintendent of Banking
Commissioner of Finance

455
382
512
367
472
489
543
541
3,761

Rodney P. Lien
Ross H. Wallace
Edward J. Barrett
F. B. Elliott, Jr
H. A. Amundson
F. F. Ibach
D. W. Bates
R. Waldo Holt

11
2
1
10
18
13
1

11
5 2
1
11
6 18
' 13
1

1,234

3
1

1

10

2

27

1

8
1
12

1

57
9,847

1

56

7,082

924

1

51

5 Branches of 2 American national banks.
e
7 Includes branch of an American national bank.
Includes 2 American national banks having branches in Puerto Rico.

500

56

to

o

CO

TABLE NO. 45.- - Assets and liabilities of all active banks in the United States and possessions, June 1940 (includes National, State (commercial),

savings, and private banks)

l

o

ASSETS
[In thousands of dollars]

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




Loans and
discounts
Num- (including, InvestPopulation ber of
redis(estimated) banks counts
ments
and
overdrafts)

Investments
and other Customers1
assets inliability
directly rep- on acceptresenting
ances outbank premises or other standing
real estate

6,768
4,077
2,661
156,170
9,182
25,526
204,384

86,175
47,677
28,649
961,829
108,016
298,356
1, 530, 702

4,468
4,394
3,322
64,135
13,450
29,494
119, 263

5,496
7,572
8,150
151,646
5,894
52, 742
231, 500

2,725
4,806
6,170
275
14,729

7,059, 509 10,933,186
689,151
942,236
1, 580, 553 2, 922,749
"79, 516
113,142
222, 907
458,444
121,397
134,951

210, 328
37,889
92,500
3,116
15,724
11, 578

9, 295, 574
596,416

1,840, 466
88,039
375, 736
147,059
371,135 12, 343, 290

350,025
64,982
153, 010
3,686
15,119
15,412
602, 234

366, 076
74,064
137,916
1,805
6,865
3,293
590, 019

32, 223
6,236
23, 262
706
411
2, 285
65,123

169,850
79,551
149,620
37,405
115,277
157,915
99,812
70,417
184,169
429,019
55,025
145, 201
136,182

13,895
9,547
11,854
4,919
9,338
11,673
8,274
6,348
9,979
28,468
4,160
10, 461

207, 566
122,635
180, 347
70,052
195,065
211, 915
125,820
73, 546
229, 358
769, 096
86,311
167,702
230,079

17,081
8,759
8,963
2, 563
13, 831
9,381
8,426
4,762
9,143
37,926
3,230
9,522
15, 746

1,829,443

139, 304

2,669,492

149, 333

914

13, 501,419
4,163,136
9,906,901
267, 208
1,825,987
667,496
30,332,147

876
386
1,091
' 46
189
22
2,610

2,684,171
1,906,293
3, 581,657
1,903,830
3,129,104
1.908,144
2,837,629
2.188,145
2,370,437
6,429,577
1,951, 759
2,851,403
2,923,323

N 314
182
228
152
285
173
218
206
145
839
219
409
297

315,619
137,011
187,264
57,619
231, 524
105,322
127,068
69,272
154,678
518,196
67, 534
219,933
243,513

36,665,472

3,667

2,434,553

100
107
82
388
35
202

Real
Bank
estate
Currency Balances premises owned
owned,
with
and
other furniture other
coin
than
and
banks3
bank
fixtures premises

181,830
152,968
63,691
1,804, 299
254,420
587, 775
3,044,983

112,311
108, 904
93,765
1,749,443
182,473
578,393

848,471
492,180
359, 221
4,318,399
713,992
1, 711, 801
8, 444, 064

9,753,033 15,504, 708

to

5, 276
5,591
2,268
640
4,863
2,098
5,273
1,991
2,187
6,526
1,035
4,143
4,447

2,020
1,165
34
5
55
1,655
1,672
88
3,824
4,764
58
107
729
16,176

8,634
461
36
9,131
66,033
242
4,141
159
15
70, 590
21

Interest,
commissions, rent,
and other
Other
income
earned or
accrued
but not
collected
124
4
249
4,007
841
674
5,899

66, 556 28,463, 279
4,444 2,422,769
25, 672 6,790,151
290,466
98
1,323
3,419 1,100,107
436,837
375
472
102,913 100, 564 39, 503,609

5
141
1,710

7,031

928
235

9,855
587
6,273
17, 795

398,156
326,077
203, 580
4, 914,824
581,494
1, 579. 544
8,003,675

83, 769
7,109

697
219
973
57
388
811
592
57
:,179
611
150
541
756

11
5
141
6
217

319

Total
assets

1,845
1,059
1,539

476
1,073
1,182
1,645
1,029
4,903
1,627
444
6,654
1,411

733,870
365, 537
542,873
173, 741
571,555
501,958
378,799
227, 510
600,348
1,796,468
217,947
564,196
643,465

24, 887 7,318, 267

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

6,914,135
3,432, 528
7,903,906
5, 266,451
3,142, 551
2,798,009
2, 539,951
3, 788, 546

Total Middle
States

699
507
841
449
575
677
649
626

950,892
937, 751
318696
377,739
,
1, 053, 636 2,119,650
717,851
457, 071
417,176
292, 023
392,112
374, 324
183,878
359,366
561,515
489,506

61,980
921, 639
25,829
342,062
75, 649 2,142,345
34,767
642,928
20,626
352,783
14, 560
347,088
19, 019
186,916
22, 331
655,195

59,294
19,894
45,328
24,743
19,124
12,832
10,813
16,946

22,992
7,451
9,613
3,054
5,681
2,333
1,577
8,154

9,532
758
2,836
1,642
953
4,911
951
1,532

1,006
14
2,839
16
33
153
5
333

3,465
822
9,251
3,059
1,157
2,135
537
2,202

4,399

22,628

2,977, 688
1,094,373
5,471,422
1,887,995
1,112,018
1,152,723
763,329
1, 759, 606

Western
35,786,077

5,023

4, 282,373

5,720,813

274, 761

5, 590,956

208,974

60,855

23,115

640,962
641, 714
1,314, 281
1,799,029
560,002
251, 371
1,125,484
534, 530
2, 334, 944

160
165
421
671
112
58
146
41
391

28,503
47,128
125,399
164,232
36,344
28,282
91,320
24,584
156,593

24,918
30,546
107,991
124,778
53,575
17,080
98,956
19,514
132,384

1,719
2,099
4,732
7,681
3,860
2,045
6,579
1,837
6,781

26,278
27, 582
119,019
156, 216
64,188
27, 054
178,190
21,252
219,136

2,469
2,446
6,708
9,114
3,048
1,036
4,031
998
9,674

631
353
547
1,353
242
55
452
72
147

3
120
13
562
5
182
112

2,165

702,385

609,742

37,333

838,915

39, 524

3,852

1,187

142
74
227
50
59
11
12

226,299
106,751
1,862,112
34,815
64, 327
14,487
34,187

219,380
130,259
1,806,303
39,915
48,189
14,612
26,397

11,510
7,474
50,084
2,592
2,089
1,248
2,709

188, 218
110,284
1,043,800
31, 784
62,357
15, 588
35,021

9,647
6,793
88,871
1,735
2,606
826
1,751

955
356
31,130
52
292
19
532

1
53
33,116
6
1,476
6
51

575 2,342,978

2,285,055

77,706

1,487,052

112,229

33,336

34,709

7,147

Total United States (exclusive of possessions) _.. 131,891, 630 14,954 22,340, 611 28,994, 744 1,104, 623 24,460,407 1,231, 557

965,900

155,039

93,032

North Dakota.
South Dakota.
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico...
Oklahoma
Total Western States
Washington.
Oregon
California
Idaho
Utah
Nevada
Arizona

9, 202, 317
1, 740, 511
1,093,081
6,938,140
526,869
551,372
110, 727
500,853

Total Pacific States

Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii.
Philippines
Puerto Rico..
American Samoa
Virgin Islands of the United
States

11, 461, 553

7,292
386
326
52,854
123,540
32,041
39

72.000
52, 235
22,404
424,910
16, 392,622
1,870,961
13.001

5,144
73
225
53,122
16, 247
4,868
91

1,615
1,027
35
10, 233
24, 589
6,289
11

5,245
213
22
27,621
35, 504
5,784
31

380
23
3
3,548
2,791
985
1

91
164
272
731
158
31
263
6
510

84,858
110,767
365, 237
464,836
161, 777
75,798
380,337
68,271
525,848

55

2,510

2,226

2, 237,729

241
71
,831

1,043
792
11,196
4
1
155
147

580
206
5,423
233
189
16
311

657,874
363,039
4,938,866
111, 136
181, 526
46,957
101,110

13, 338

6,958

6,400, 508

190

71

2
918
2,991
1,386

435

2
233
7,165

581

395

167

441

12

80,165

43,966

74,861

7,743

5,379

435

7,400

Total United States and
possessions150,764, 733 15,017 22, 557,670 29,074,909 1,148,589 24,535,268 1, 239, 300

971, 279

155, 474

100,432

24,970

18, 873,103

63

Includes also loan and trust companies and stock savings banks.




0,280 16, 219,154

246
329
551
169
357
33
425
4
396

217,059

Total possessions

1

9,137
1,108
10, 275
2,864
2,462
2,275
267
1,892

154,319 182, 710 79,682,942

71
1
2
192
36
118
2

270
10,362
13
536
41,225
40,835

20,088
12,085
628
149,026
247,156
99,906
183

93,242

530, 687

1,615

15
437

154,756 275,952 80,213.629

2 Includes reserve balances and cash items in process of collection.

TABLE NO. 45.

-Assets and liabilities of all active banks in the United States and possessions, June 1940 {includes National, State {commercial),
savings, and private banks)—Continued
LIABILITIES
[Iji thousands of dollars]

Location

Demand
deposits

Time deposits (including
postal
savings)

252,843
90,718
Maine
230,939
52, 720
New Hampshire
138,582
31,671
Vermont
2, 548,151
1,775,426
Massachusetts
342, 850
Rhode Island
157,379
950, 319
Connecticut
436,705
Total New England
4,463, 684
2, 544,619
States.-17, 206,821
7,889,285
New York._
1,246,394
886,241
New Jersey
3,240,910
2,531,885
Pennsylvania
153,442
85,055
Delaware
441,275
545,884
Maryland
118,865
263,073
District of Columbia
Total Eastern States- 22, 296,371 12,312, 759
284,945
349,501
Virginia. _.
127,563
182,349
West Virginia
124,186
350,383
North Carolina
35,705
117,467
South Carolina
127,458
371,241
Georgia
92,447
358,413
Florida
106,042
219,896
Alabama
126,941
71,318
Mississippi
422, 563
118,877
Louisiana
1,348,816
233,526
Texas
141,205
47,960
Arkansas
322, 505
150,014
Kentucky
385,907
182, 514
Tennessee
1, 702, 555
Total Southern States. 4,697,187




Other
deposits i

1,526
1,741
869
21,334
2,275
8,706

Total
deposits

345,087
285,400
171,122
4,344,911
502,504
1,395,730

7,044,754
36,451
190,021 25,286,127
15,180 2,147,815
25,206 5,798,001
3,122
241,619
2,605
989,764
2,740384,678
238,874 34, 848,004
639,846
5,400
313,226
3,314
481,831
7,262
154,486
1,314
500,958
2,259
454,385
3,525
328,231
198,873
614
543,657
2,217
18,564 1,600,906
190,910
1,745
10,429
3,457
571,878
62, 393 6,462,135

Bills
Mortpayable,
redisor other
counts,
liens on
and
bank
other
premises
liabiliand on
ties for
other
borrowed
real
money
estate
210
116
55
592
300
436

147

1,709

147

Acceptances
executed
by or for
account
of reporting banks
and outstanding

9,155
483
36

255
190
142
4,174
3,363
1,831

9,674

5,276

9,955

15,935
4,283
4,074
194
937
496
25,919

1,443

29,185
1,951
12,656
355
677
772
45, 596
977
503
1,014
122
874
306
436
300
582
2,904
155
780
704

11, 559

9,657

159
15
506

62
193
366
81
732
238
132
95
52
680
87
408
105
3,231

149
28
76
3,555
745
723

Interest,
taxes, and
other
Other
expenses liabiliaccrued
ties
and unpaid

76,964
242
6,463

7,616
1,437
1,519
20

10, 592

Interest,
discount,
rent, and
other
income
collected
but not
earned

83,843
21
11
5
141
6
217
1,218
235
5
141

50

2,000

2,373
253
1,819
181

1,968
422
446
155
736
820
156
787

545
270
425
13,029
976
2,088

Capital
stock 2

17,700
7,386
18,796
111, 571
20,875
43,631

Surplus

9,087
21,048
4,023
45,903
82,520

17, 333 219,959 430, 989
229, 531 791,682 1,495,792
91,813
3,184
129,077
11,379 _299i711 465,385
22,219
245
11,736"
40,361
1,357
36,379
17,042
2,568
19,570
248, 264 1, 288,155 2,132,612
1,946
44, 556
27,479
274
25,471
16, 582
24,903
899
19, 527
9,854
73
5,350
33,051
1,177
20,045
22,858
634
16,033
26,688
479
12,825
15, 643
351
8,592
25,043
981
15,560
57,154
1,550
364
13, 618
7,022
7,127
36, 591
24,764
36,781
18,372
16, 731 408,041
249,305

Reserves
and retirement
account
for preUnferred
divided
profits stock and
capital
notes and
debentures
13,479
10,075
3,684
134,535
5,450
37, 768

11,644
1,564
5,257
24,894
895
14,634

204,991
378,460
23,238
103,637
7,003
24,846
9,462
546, 646

151,890
19,679
86,967
7,075
5,627
2,234
273,472

11,219
6,109
7,817
2,697
8,333
4,443
6,567
2,074
8,466

10,415

5,374
2,926
4,678
892
4,271
2,632
2,764
1,427
4,053
8,989
1,195
3,334
2,750

110,273

45, 285

30,241
4,440
7,452

to

Ohio
Indiana
Illinois
.
.
Michigan
Wisconsin _
Minnesota
_
Iowa
Missouri
Total Middle Western States

102
12
60
28

1,479, 723
616,976
3, 881, 328
1,004, 393
519, 670
620,847
442,618
1, 26*5,130

1,150,173
. 355,442
1,121, 220
703, 823
458, 466
403,602
240,002
311, 925

22,874
8,923
32,332
13,461
10,649
11, 610
5,843
10, 000

2,652,770
981,341
5,034,880
1,721,677
988,785
1,036,059
688,463
1, 587,055

68
35
4,451

9,830,685

4,744,653

115,692

14,691,030

4,756

44,134
65, 795
256,121
323, 712
101, 524
42, 822
242, 841
48,114
376, 282

29,524
30,615
64,240
80, 762
42, 809
23, 473
97,083
13, 635
83,877
466,018

576
943
2,831
3,060
1,354
528
2,931
767
5,585

74,234
97,353
323,192
407,534
145,687
66,823
342,855
62, 516
465, 744

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

1, 501,345

18,575

1, 985, 938

Washington
Oregon
California
. Idaho
Utah
.
Nevada
Arizona
Total Pacific States,.

351,427
201,423
2,006,322
69,102
96, 551
25,920
61,457
2,812, 202

242,285
128,635
2, 356,427
30,736
63,438
16,685
30, 043

4,806
3,294
45,660
590
963
520
1,363

598, 518
333,352
4,408,409
100,428
160,952
43,125
92,863

57,196

5, 737,647

26, 557, 918

529,181

70, 769, 508

21, 933

10,459
9,075
69
58,441
69, 557
45, 954
51

7,107
2,940
329
67, 451
75,020
30, 321
95

172
35
1,163
2,445
1,888
1

17, 738
12, 050
398
127,055
147,022
78,163
147

5,704

383,950

6,806
981
9,527
1,914
952
1,751
247
1,961

4,352
736
3,881
2,032
1,052
3,057
943
4,336

173, 303
56, 346
178, 710
85,182
71, 330
52, 472
36, 486
83, 715

87,923
31, 219
127, 514
39, 740
22,218
36, 420
20,492
41, 234

31,407
15,604
59,633
22,081
15,753
13,453
10,679
29,188

17,181
7,104
50,876
11,558
11,371
5,536
5,397
5,269

104

4,746

17, 596

24,139

20,389

737, 544

406, 760

197,798

114, 292

102
119
251
412
149
142
208
13
308
1,704

109
124
254
276
196
14
1,054
4
487

4
28
160
220
22
74
62
5
261

6,535
8,057
22,242
29,854
8,569
4,027
U, 161
2,890
28,492

2,588
2,363
11,429
16, 593
4,144
2,781
11, 703
1,748
17, 954

1,003
1,860
4,391
8,253
2,480
1,468
6,656
403
10,051

276
660
3,037
1,295
523
413
3,571
683
2,443

2,518

836

124,827

71,303

36,565

12, 901

4
8,527

1,257
638
14, 269
90
162
113
470

602
635
7,418
131
193
26
190

1,873
214
41, 870
41
118
308
19

26, 549
11, 268
214,145
5,005
10,000
1,185
3,595

16,228
8,239
149,942
2,616
5,474
825
2,403

8,149
5,367
57,658
1,886
3,347
1,312
941

4,415
3,254
36,376
909
1,270
63
625

16,999

9,195

44,443

271, 747

185, 727

78, 660

46,912

108,845

79,053

101,060

3
14

651

43, 682,409

2,798
974
3,165
3,767
521
3,740
580
2,051

590
30
10

2, 868, 249

2

1,020
14
3,159
16
33
153
7
344

26
42
17

Total United States
(exclusive of possessions)
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii. .
Philippines
Puerto Rico
American Samoa
Virgin Islands of the United
States
Total possessions

426

184, 214

•
88

9
4
37
55
262
72
8,189

21

895

10

347,996 3,050, 273 3, 476, 696 1,174, 933
8
25
6
275
51, 563
6,343
1

551, 750

910

765

485

182

25
9,290
27, 646
3,474
25

35
6,540
7,321
877
5

34
1,731
1,169
400
4

11
3,901
5,488
923
1

2
233
8,140

208
1,045
260
1

5,036

10
19
1,968
105

4

150

20

15

48

8,375

109
5
3,701
1,221

Total United States
534, 885 71,153,458
26, 969
43, 876,441 26, 742,132
and possessions
i Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit accounts).




5

2,102

1,524

58, 225

41, 520

15, 563

3,838

10,554

1,377

951

194,032

122
276
399
7
56
58
5
71
994

7
81

895

117,220
102, 584 406, 221 3, 091, 793 3,492, 259 1,178,771
81, 155
562, 304
2 Includes capital notes and debentures. (See classification on pp. 219 to 221.)

TABLE NO. 45.—Assets and liabilities of all active banks in the United States and possessions, June Wlfi (includes National, State (commercial),
savings, and private banks)—Continued
[In thousands of dollars]
Loans and discounts

Commercial and
Agriculindustrial tural loans
loans

Location

Maine
New Hampshire
Vermont
Massachusetts..
Rhode Island
Connecticut

_

Total New England States.

1,911
952
3,174
2,379
107
1,828

6,032
3,612
1,040
82,133
8,499
11,391

372
228
13,952
210
409

2,622
1,281
2,370
18,218
3,673
16,327

1,922
648
16,488
1,314
647
1,574

42,424
69,390
40,064
1,056,374
81,495
396,597

7,981
3,301
7,315
48,224
16,294
14, 767

Loans to
banks

All other
loans

423
300
73

24,424
16,788
11,145
211,969
33,887
61,656

110
55

Overdrafts

26
6
12
117
5
26

_.
_.

Total Eastern States
_

_
_

Total Southern States




474, 728

10,351

112,707

15,171

44,491

99 K
LZ, Q

1,686,344

97,882

961

359,869

192

2,053,582
117,261
469,518
15,256
42,357
31, 513

31,442
6,343
19,461
622
4,356
2

137,378
17,178
48,113
1,467
8,260
1,005

352,464
5,070
31,741
3,439
1,167
773

284,513
17,306
96,195
7,621
12,817
2,502

17,392
4,654
27,961
3,639
13,690
101

3,272,397
289,329
374,286
23,534
47,095
35,412

148,455

32,723
65
1,418

725,128
163,165
407,454
18,390
63,698
36,846

4,035
84
68
8
30
24

2,729,487

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

24,487
12,643
12,157
314,340
37,356
73, 745

Other loans
Real-estate loans
for the purLoans
Open- brokers to pose of purmarket dealers and chasing or
On residen- On other
in
carrying
paper
securities stocks, bonds, On farm tial proper- properties
land
ties
and other
securities

62,226

213,401

394,654

420,954

67,437

4,042,053

34,222

1,414,681

4,249

82,459
31,759
65,463
20,485
86,725
41,382
37,525
11,052
53,979
221,332
13,156
57,619
73,696

14,939
3,042
10,918
6,421
17,829
3,950
22,010
13,796
16,585
105,544
18,852
16,850
35,946

4,379
2,646
4,199
382
429
2,388
2,087
184
1,685
3,067
2,613
6,711
3,762

1,433
155
720
342
2,048
2,525
1,087
294
1,044
2,534
323
998
1,714

6,105
5,973
9,547
1,221
10,329
1,747
1,318
1,744
2,623
16,366
1,027
5,870
7,066

16,682
5,680
9,038
1,866
7,602
2,814
5,390
8,694
6,849
11,567
3,601
24,561
12,616

49,061
32,691
14,210
4,994
23,058
13,786
12,158
7,257
13,478
22,950
6,168
26,901
18, 266

17,041
11, 382
10,971
2,820
10,744
8,178
6,777
4,742
9,806
17,835
3,269
14,949
8,820

152
112
369
23
621
341
44
78
340
718
23
307
429

123,322
43, 532
61,811
19,043
71,944
28,190
38,596
20,998
48,155
115,338
18,444
65,022
80,991

46
39
18
22
195
21
76
433
134
945
58
145
207

796,632

286,682

34,532

15,217

70,936

116,960

244,978

127, 334

3,557

735,386

2,339

104,338
5,540
29,427
13,213

to

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

__
_
_
_

Total United States (exclusive of posses'
sions)
_
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico_
_
American Samoa
Virgin Islands of the United States

28,564
32,268
100,924
20,144
25,063
70,645
145,562
55,638

7,390
15,486
44,948
12,882
9,125
5,797
10,447
14, 918

8,406
599
23,918
4,455
284
798
520
4,267

25,528
4,742
75,036
15,780
8,593
8,578
2,202
15,344

41, 448
26,566
24,049
15,852
25,393
20,126
49,335
20,776

261,123
82,642
93,328
125,895
54, 256
48, 765
34,866
63,300

56,701
19,382
21,308
35,783
21,995
7,071
9,766
26,855

1,251
411
217
186
200
88
361
1,100

274, 226
62,293
157,076
106,317
51,963
107,113
50,004
108,184

136
50
229
104
76
213
121
239

478,808

120,993

43,247

155,803

5,067
6,270
28,604
36,883
6,219
4,139
29,606
7,171
65,914

10,967
23,074
55, 250
62,220
12,888
13,283
21,994
7,755
36,261

1,366
. 907
3,809
6,246
3,185
268
3,292
740
3,237

1
155
726
17
10
687

189,873

_

232,978
74, 257
512,603
119,673
95,075
105,130
56,182
178,885
1,374,783

_

243,692

23,050

91,656
35,174
388,614
5,604
15,069
2,368
5,058

17, 981
12,633
82,433
10,890
9,585
1,590
9,414

543,543
6,109,046

223,545

764,175

198,861

3,814

917,176

1,168

163
688
2,285
1,432
• 1,638
676
3,184
397
2,348

1,354
2,121
8,379
13, 982
1,040
991
2,460
544
4,354

2,355
4,261
3,604
11,515
2,917
2,603
9,576
3,039
6,931

847
1,808
2,749
3,033
930
931
3,469
1,294
3,071

25
12
187
252

66

6,326
7,942
20,287
27,803
7,454
5,339
16,971
3,624
33,968

33
44
90
140
56
42
32
20
154

1,885

12,811

35,225

46,801

18,132

591

129, 714

611

2,727
814
13,902
987
1,318
10
465

662
565
9,578
6
505

5,261
2,105
100,396
1,374
3,020
380
869

50,141
10,194
670,652
5,562
15,337
4,467
8,372

8,183
6,221
235, 786
2,515
6,728
2,045
1,271

18
18
363
35
15

6

4,746
808
49,901
620
1,499
451
901

44, 745
38,115
308, 534
7,162
11,123
3,150
7,815

179
104
1,953
60
128
26
16

144,526

20,223

11,322

58,926

113, 405

764, 725

262, 749

449

420,644

2,466

1, 226, 285

524,906

481,496

579, 165

7,549,076

1,074,627

43,594

3,977,470

11,025

3,477
283
213
16,026
62,926
6,227
22
31

17
13

_
_

1,169
13
31
13,696
28,416
15,918
12
87

12
70
153
3,574
5,777

_

59, 342

Total United States and possessions

6,168,388

Total possessions




289

763,921
18
6

120
1

49

2,479

1,676
1,255

42
43

100
81
537

12
230
16,065
1,524
106

70
19,602
10,007
1,453
5
236

9,593

3,052

85

742

17,937

33,852

3,211

1,235,878

527,958

481,581

764,663

597,102

7,582,928

1,077,838

7

1,319
1,173
605
114

10

89, 205
43,594

40

4,066,675

11,065

to

TABLE NO. 45.—Assets and liabilities of all active banks in the United States and possessions, June 1940 (includes National, State (commercial),
savings, and private banks)—Continued
[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government

U.S.
Government
direct
obligations

Location

Maine
New Hampshire
Vermont
M assachusetts „
Rhode Island
Connecticut

78,172
35,406
26, 710
1,035,731
118,690
260,219

Total New England States

Home
Owners'
Loan
Corporation

1,074
3,607
640
29,320
6,621
9,573

11,201
8,348
2,652
41,009
13,300
21,762

2,192
6,171
2,028
14,630
2,914
5,322

781
1,952
455
19,495
4,547
9,124

11,835
11,127
0,812
159,058
10,204
68,296

98,272

33, 257

36,354

8, 713,538
87,204
29,954
60,963
14,001
45,968




60
65
6,862
2,552
2,161

94
65
62
4,294
383
2,109

20,942
26,602
5,220
232,767
23,924
68, 247

30,957
27, 817
9,174
157,172
27, 770
58, 212

4,734
2,623
1,719
12,200
3,816
4,125

5,737
675
601
5,614
709
1,460

29,217

6,555
9,669
3,257
8,066
3,854
32, 328

7,002
17,012
3,767
73, 885
34. 660
44,393

79
7
79
465
175

267,332

7,228

11,700

7,007

377, 702

311,102

14,796

63,729

180,719

805

10,169
3,321
14,617
64
8,321
2,717

79,837
1,162
2,194
3,272
85

35,695
11, 538
20,969
104
648
6,177

418, 435
88,021
364,903
15,310
42,170
3,798

233,229 159, 443 107,471
63,768 28,171
9,587
257,679 162,302 25, 213
4,555
22,073
961
27,807 13, 797
4,297
1,955
4,045
1,103

65,815
5,832
41,361.
1, 783
3,243
877

234,005
22,248
113, 006
4,413
6,761
1,862

5,263
290
296
2
42
1

676, 536 1,071, 552 248,841 259, 212 1,766,946

39,209

86, 550

75,131

932,637

608,601 370, 223 148, 632

118,911 1382,295

5,894

2,314
1,273
1,844
219
259

65
50
1,345
526
3,779

1,033
491
6,610
87
3,673

6,284
4,615
1,471
990
5,375

50,835
610,073
21, 530
37,417
1,782
2,313
3,421

.._

475
1,827
450
3,731
301
444

Stocks
of Federal ReStocks
serve
of forbanks
eign
and
Foreign,
corpoother
public
domes- rations
and
private tic corporations

837,199 195,603 204,905 1,242,000
53,467 12,496 19,672
159, 561
142,059 31,607 24,671
334,168
6,498
992
2,283
12,508
13,958
6,173
5,290
15,838
18,371
1,970
2,391
2,871

1, 554,928

Virginia
West Virginia
North Carolina
South Carolina
Georgia

ObligaU. S. Goverment corpotions of
rations and agencies, not
States
Other domestic corporations
Other
guaranteed b y United
and poFedGovStates
litical
eral
ernsubdiviFarm
ment
Mort- corpo- sions (inOther
gage rations cluding
Federal GovernwarCorpoand
Federal interPublic
All
ment
Indusrants)
ration
agenmediate corpora- Railroads
land
other
trials
utilities
cies
credit
banks
banks tions and
agencies

Reconstruction
Finance
Corporation

6,494,044
New York
441,572
New Jersey
1,350,287
Pennsylvania
39,814
Delaware
304,514
Maryland..
83,307
District of Columbia...
Total E a s t e r n
States

Other bonds, notes, and debentures

4,275
1,282
4,102
182
5,941

13, 439
9,205
15,095
1,482
6,275

4,934
2,600
5,004
987
4,917

1,974
1,893
1,925
305
4,394

30,281
16, 237
47,751
16,858
26,089

3,702
2,593
242
579
1,990

6,424
4,061
862
194
1,918

2,601
1,054
471
344
897

889
608
2
25
332 1

4,430
3,635
1,933
626
3,467

1

3

to

74,666
33, 374
10,023
73, 663
220, 383
16, 221
72, 917
47,813

1,130
1,404
204
6,366
9,671
703
1,910
3,669

19,822
5,689
1,373
18, 717
30,129
4,068
8,278
8,185

8,842
5,461
808
1,279
5, 356
541
5,204
1,363

985
917
233
9,114
10, 566
1,520
1,554
6,164

38, 927
42, 292
55,047
62,869
120,021
26,645
25, 963
50,198

1,314
184
226
51
3,854
444
2,485
1,292

787,150

40,839

141, 757

47, 296

41, 544

559,178

434,024
209,839
_ _ ._
1,349,242
347, 591
202, 744
211,839
72, 623
_
264,860
_„.

34,681
8,776
109,991
11,609
4,202
7,154
3,752
14,042

74,621
19, 585
46, 357
70, 753
21,061
16, 954
13, 446
40, 215

24, 562
11,799
22, 525
48,066
7,248
13,166
7,386
27,011

23,722
8,209
33,607
32,641
3,479
8,532
3,933
17,819

302,992 161, 763 131,942

Florida
Alabama
Mississippi
Louisiana
to Texas .
J2 Arkansas
a Kentucky
2 Tennessee
1
Total Southern
M
States
--—
Ohio
i_i Indiana .
en Illinois.
Michigan
Wisconsin
Minnesota
Iowa>
Missouri

Total Middle
Western StatesNorth Dakota
South Dakota
Nebraska
Kansas.
Montana
Wyoming
Colorado
New Mexico
Oklahoma—
Total Western
States
Washington
Oregon _ . ._
California
Idaho.. . . _ __
Utah
Nevada
.. .
Arizona
Total Pacific
States
Total United
States (exclusive of possessions)
_

1,522
3,852
100
3,015
1,117

2,163
628
62
3,393
1,462
313
614
2,918

3,180
3 114
521
1,428
2,835
1,203
6,166
2,244

1,461
1 169
268
753
3,881
926
6,664
1,704

2,346
2 973
287
791
6,115
886
5,040
3,598

668
636
545
1,160
2,894
607
2,630
742

267
250
82
667
530
288
740
454

1, 238
1,716
737
2, 396
7,468
560
2,020
4,721

15, 759

16, 282

23,447

39,426

25, 932

35,495

15, 249

5,134

34, 947

8

173,925
55, 592
296, 702
120,058
58, 266
86, 360
59,475
94,090

20, 514
5,458
16,950
940
1,131
3,966
2,324
6,134

2,904
933
11,156
15, 276
33
1,653
168
5,099

4,144
1,677
13,037
9,950
1,746
2,885
670
9,446

50,824
17,154
54,938
20,903
31,615
15, 254
5,988
15,370

32,099
15,024
58, 279
14, 344
33, 630
6,219
4,113
11,088

38, 522
10, 752
53,162
14, 715
37,428
10,135
5,015
11,894

6,880
5,413
6,362
2,415
3,937
2,590
2,928
4,183

14, 386
3,152
17,152
5, 297
7,749
3, 233
1,139
4,085

15,067
4,376
30,175
3,293
2,907
2,168
918
36,179

17

37, 222

43, 555

212,046

174, 796 181, 623

34, 708

56,193

95, 083

36

835
260
15

120
19
936
523
85
35
188
15
735

654
853
2, 535
566
1,465
362
5,298
67
761

441
347
1,413
695
1,042
158
3,397
168
511

626
411
2,345
571
1,077
197
3,557
114
1,152

146
53
560
335
378
65
559
119
90

174
106
678
389
882
177
1,840
53
307

195
211
749
1,103
368
166
793
236
1,264

906
5

1
2
1

15
4

3,092, 762

194,207

944,468

57, 417

12, 377
12, 398
60,734
53,239
31,158
8,512
£6,131
11,044
42,447

526
927
862
5,402
2,134
557
3,456
575
3,813

1,488
1,237
5,720
10, 434
2,006
596
2,227
1,509
5,906

1,945
1,102
6,049
7,013
1,793
863
2,235
716
5,990

324
483
820
4,195
1,595
744
1,184
96
3,422

5,723
12,023
21,167
36, 511
8,734
4,325
16, 263
3,953
64, 793

179
376
2, 443
1,322
858
323
993
589
1,178

288,040

18, 252

31,123

27,706

12,863

173,492

8,261

4,565

2,656

12,561

8,172

10,050

2,305

4.606

5,085

5

133, 722
75,924
978, 729
22, 980
25, 054
7,816
10, 355

3,659
2,635
16, 982
119
947

6,919
7,998
43, 222
2,303
2 651
1,505
417

2,433
4,352
13,656
1,419
434
17
199

41,328
20,333
413, 211
6 869
9 223
2,785
5,008

971
97
5,001
302
467

1,993

2,333

398

4,437
1,451
27, 849
372
1 388
145
210

3,999
968
16, 240
244
675
66
119

986
2,017
14,168
190
151
462
423

1,926
229
9,917
256
326

231

5,191
2,032
30, 715
452
587
306
438

89

1,404
507
20,080
187
620
54
168

33

7,446

1,435
1,427
9,658
69

738

8,944
10, 289
199, 256
4,149
5 416
1,456
5,271

1, 254, 580

25,080

234, 781

65,015

22,510

498, 757

7,069

12,022

12,987

39,721

35,852

22, 311

18.397

12, 743

23,020

210

15,690,998 1,005,749 1,880,477 583,878 504,425 4, 210,173 134,943

168, 341

164, 783 1, 614,093 1,164, 455 648,919 234,087

261, 316

721,149

6.958




980
2,475

250

5

173
4

TABLE N O . 45.—Assets and liabilities of all active banks in the United States and possessions, June 1940 (includes National State (commercial),
savings, and private banks)—Continued

00

[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government

Location

Alaska
_ _. .
Canal Zone (Panama)
OURTH

T h e T e r r i t o r y of
Hawaii
Philippines
Puerto Rico
American Samoa
Virgin Islands of the
United States
Total possessions.

U.S.
Government
direct
obligations

2,656

Reconstruction
Finance
Corporation

Other bonds, notes, and debentures

Obligations of U. S. Government corporations and agencies, not
States
Other and poOther domestic corporations
guaranteed by United
GovFedStates
litical
erneral
Home
subdiviOwners' Farm ment sions (inLoan
Mort- corpo- cluding
Other
Corpogage rations
Federal Governwarration Corpo- and
interAll
ment
Public Indusrants) Federal mediate
ration agenland
corpora- Railroads utilities trials
other
cies
banks credit tions and
banks agencies
34

161

95

8

9,802
8,073
2,199

129

20,299

116

264

91

1,604

50
73

596

429

31

14

2,169
20

2,319
629

2,198
7

142
828

29

705
704
6

33
31

17

118
1,424
46

740

3,192

1,147

8

1,575

64

165,655 1,616,517 1,167,739 651,220 237,279

262,463

722,724

7,022

429

102
31

Total United
States and possessions
15,734,668 1,005,757 1,881,217 584,307 504,554 4,230,472 134,974




837
35

64

113

43,670

31

872
168,341

o
d

160

225
34, 580
3,694
2,456
45

Stocks
of Federal Reserve
Stocks
banks of forand
eign
Foreign, other
corpopublic domes- rations
and
private tic corporations

43

5

2,424

3,284

2,301

54

I

Capital stock, capital
notes, and debentures

Demand deposits

Time deposits
Deposits of individuals, partnerships, and
corporations

Capital
Prenotes ferred
and stock
debentures

Location

Maine
New Hampshire..
Vermont
Massachusetts
Rhode Island
Connecticut
Total NewStates

1,269
~4~ 723

England

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

Total Eastern States.

Common
stock

Individuals,
States Banks
partner- U.S.
and
in
Gov- political
ships,
ern- subdi- United
and
ment visions States
corporations

5,173 11,258
70,242 1,137
1,191
582
6,195
40, 569
6,994
359
7,079
27,738
11,152 100,419 1,257,073 23,600
1,506
19,369 132,412
486
7,068 36,563 347,976 5,398

Savings

11,298
43, 729

9,763
5,447
1,043
385,308
12,902
39,602

245,286
226,799
135,282
13,602 2,511,301
281
333,217

454,065

9,569
6,122
2,531

DeStates
posits ChristBanks
and
Postal politi- Banks in foraccumas
in
musav-1
eign
cal
savsub- United counCertifi- lated
ings Open ings
acfor
divi- States tries
cates of
and
deposit pay- similar counts
sions
ment
acof per- counts
sonal
loans
2,656
885
588
10,276
4,482
5,370

19
221
194
2,470
68
2,802

2,263
1,819
812
17, 795
3,609
8,295

194
147
3,067
7,850

1,058
472
210
705
561
762

1,315
390
1,253
1,436
838
2,814

52
353
96
1,101
75
127

8,046

8

n

o
o
to

o

5,992 33,084

180,883 1,876,010 31,562

169,092

13,890 4,374,184

24,257

5,774

34, 593 11,258

3,768

1,804

—-

46,911 427038
600 54,037
34,563
86
3,915 2,506
970 1,250

702,733 11., 786,657 156,
i,478
74,440
675,403 20,634
265,148 2t 256,108 1QJUQ6
11, 564
144,881
794
29, 958
336, 252 35,423
226, 928 1,505
17,350

508,476 4,047,681 707, 529 7,198,965
152,016
152 1,181,163
177, 580
2,080,999
4,
5,145
78, 945
171
50, 576 123,462
413, 750
222
34,126
107,174
292

42,541
6,845
112,197
1,429
4,638
1,563

6, 583
4,916
10, 622
27
1,799
3,285

42,866 340,844
20,629 7, 662
30, 733 171,257
372 1,771
4,784
3,225 2,814

6,600
3,000
7,885
480
1,082
219

73,057 173,007
20,983
1,196
75, 569 42,623
1,698
333
3,214
3,615
585

4,822

52,482 134,480 1,101,193 15,426, 229 316,140

894,015 4,946, 951 713,036 11,060,996

169,213

27, 232 102, 609 532, 741 19, 266 174,521 221,359

4,822

i Includes U. S. Treasurer's time deposits—open account.




Banks
in foreign
countries

o
H

w

1
a
to
I—i

CO

TABLE N O . 45.—Assets and liabilities of all active banks in the United States and possessions, June 1940 (includes National, State (commercial),
savings, and private banks)—Continued
[In thousands of dollars]
Capital stock, capital
notes, and debentures

Time deposits

Demand deposits

%

Deposits of individuals, partnerships, and
corporations
Location

Virginia
West Virginia. _.
North Carolina,
gouth Carolina..
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States. _.
Ohio
Indiana
Illinois
Michigan...
Wisconsin..
Minnesota.
Iowa
Missouri....




Capital
Prenotes ferred
and stock
debentures

2,295
25
444
1,601
32
20
3,165

5,880
1,304
3,917
966
826
949
6,744
5,956
5,736
9,603
2,770
6,599
8,756

Common
stock

38,676
21,872
20,961
8,444
30, 624
21, 909
19, 944
9,655
19,287
80, 216
10,848
29, 992
28, 025

Individuals, U. S. States Banks Banks
in forand
partner- Govin
eign
ern- political
ships,
ment subdi- United counand
States
tries
visions
corporations

74,617
243, 573 5,499 25,767
15, 674
143, 794 2,504 20,377
189, 519 2,934 55,988 101, 942
647 22,435
84,569
9, 816
15, 330 34, 562 92,471
228,845 8,743 44,059
76, 630
151,939 6,433 24, 994 36,362
10,560
1,672 28,001
236,456 17, 530 59, 256 108,188
912, 654 35, 981 117, 589 281, 506
94, 369
878 20,919 25,039
218,131 4,917 31,048 68, 409
214, 559 17, 242 48, 637 105,469

7,582 60,006

340, 453 3,033, 985 120,310 533, 632 1,006, 683

28, 292 14, 378
9,301 4,427
3,373 5,947
27,275
11,413 9,949
1,725 4,289
5,198
3,651 3,891

24,046
17,840
88,162
24, 528
13,386
1,532
3,797
20,843

130,633 1,109,133
42,618 409, 775
169,390 2,487,883
57,907 725,938
49,968 356,393
46,458 364,049
31, 288 303,814
76,173 734, 596

151,445 194,176
121,900 67,401
299,467 998, 798
122,071 130,844
66, 709 83,035
97,695 156,490
48, 599
441,035

Deposits
accumuCertifi- lated
for
Savings cates of
deposit payment
of personal
loans

Christmas
savings
and
similar
accounts

Open
accounts

Postal
savings !

States
and
political
subdivisions

Banks
in
United
States

584
1,352
1,620
2,359
2,008
822
648
1,358

12, 721
165
2,790
1,005
909
6,932
784
88
4,458
18, 838
189
1,646
5,557

2,576
726
3,307
125
2,461
858
1,889
175
295
916
412
685
5,791

2,577 1, 318, 804 229, 619 26, 878 16, 441 14, 203 20, 312

56,082

20, 216

33,690
47
39,302
4,946
3,554
6,761
252
1,538

11,028
147
2,165
2,040
3,184
99
879

45

136
168
1,133

236,458
110, 684
86, 973
30,044
101, 632
79,467
90, 519
49, 462
95, 568
170,442
35, 319
103,175
129,061

923 1,003,565
60
270,199
7,018
945,152
1,012
669,262
389,354
147
296, 706
1,081
367

148, 954
237 398

14,006
12,152
17, 846
3,367
16, 506
1,865
9,126
19,058
14, 368
33, 340
10,389
40,128
37,468

9.945
201
7,060
52
1,165
925
34
207
276
3,586
43
1,247
1,824

67, 983 13,339
67,250
619
91,637
5,276
16,050
1,694
56, 936
310
89,121
3,246
87,375 1,784
60,099
%

"

•

"

1,512
1,117
698
1,269
530
902
708
1,519
1,043
308
1,658
1,291

6,361
3,949
6,076
4,352
3,823
1,396
844
2,417

2,927
531
1,315
211
1,954
1,286
1,123
34
3,353
478
827
164

14,072
959
27,851
2,362
1,510
436
211
4,316

to

o

2,426
1,592
3,778
203
1,562

2,077
1,391
5, 779
2, 992i
939
2,752
483
3,090

Banks
in foreign
countries

Total Middle
States

Western

North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New M^exico
Oklahoma
Total Western States
Washington
Oregon
California - Idaho
Utah
Nevada
Arizona
Total Pacific States
\
\

57, 755 75, 354
791
633
437

604,435 6,491, 581 194,134 1,013, 984 2,120,378

766
1,391
1,426
3,077
721
1,063
1,813
510
1,368

4,978
6,033
20,379
26,777
7,722
2,964
12,348
2,380
27,124

12,135

110, 705

34,779
42,478
166,604
203,420
74,875
28,818
176,902
30, 707
237,836

536,451

28,456

90,090

28,628

15,982
16,143
33,301
41,087
32,193
18, 522
85, 569
10, 528
50,028

12, 572
11,974
28,954
35,050
8,173
3,306
5,803
2,649
21, 328

174
490
827
834
495
436
714
87
1,571

88
73
490
723
168
74
1,202
86
104

16
10
36
955
35
40
112
42
2,416

107
121
446
1,213
299
186
113
209
809

549
1,737
84
248
1,265
674
343
34
4,081

36
67
102
652
181
235
3,227

303,353

129, 809

5,628

3,008

3,662

3,503

9,015

8,040

48,616
20,905
259,466
2 825
19,859
888
1,768

230,372
1,586
112,467
498
13, 766 2,023,904
16
26,264
59,442
5
15,625
184
28,373

9,043
7,666
60,454
4,006
3,224
761
1,406

882
46
4 1,775
18, 764 58,083
7
62
54
47
68
45
47

57
803
5,991
263
7,164 162,966
252
184
135
100
.26
124
38

1,082
469
21, 906
145
247
5
10

354, 327

16,055 2,496,447

86, 560

18, 920 60, 964

8,781 169, 422

23,864! 3,183

5,166
19,291
29,352
77,144
16,057
9,402
19, 5851
14,640
56,859

4,052
3,642
57,312
36, 708
10,350
4,379
45,140
2,368
72, 791

996,419 20,651

247,496

236, 742

1,965
135
47,181
1,270
884
850
40
1,197

243,089 7,682
23,896
142, 840 5,957
10, 672
166, 964 1,476,839 96,614
305
48,184
3,735
112
8,266
63,258
1,145
138
19,496
2,398
45,909
200

50,454
31,223
159, 637
17, 772
13,317
5,398
13,396

2,033 52, 638

217,076 2,039, 615 111, 008

291,197

126

1,987
688
461

1

36

37

Total United States (ex*..
elusive of possessions).. 127, 831 367, 697 2, 554, 745 29,863,839 793,805 3,149,416 9,119.146 756,203 23, 514,374 1,175, 909

Alaska..
Canal Zone (Panama)
Guam .
__ _ _ _ _ _ . _
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa __ __ __
Virgin Islands of the United
States . . .
Total possessions

910

75
340

25
9,290
27, 571
3,134
25

120
340

30

195

40, 985

534
6,190

8,205
2,750
38
39,840
37, 215
29, 838
32

4,239

224

84

115

118,142 13,468

36, 548

2,421

1,183
31
12,081
10 983
12,136
19

5,842
2,857
302
48, 285
41,070
16,955
95

537
3

132

2,234
3,197
645

47
18,162
914
3
19, 258

116,308

105

108

189

101

16,139
27,175
127

62

727

90

44,494

494

1,311

493

1

33

27
884
6,775
12,623

152

949

20,457

3

3,540

94,076 204, 789 674, 545 75,133 507,176 303,911

902

6,616

3

970
83

H
O
3,183
Q

8,005

o

E

5
42

1

1

W

48

1

Q

94,570 206,100 674,697 76,082 527, 633 303,959

8,006

47

Total United States and
possessions
128,171 367,892 2, 595, 730 29, 981, 981 807,273 3,185, 964 9,125, 762 775,461 23,630,682 1,220,403




29,218 51, 717 19, 503

10,608 3,960, 590

137
384
2,852
6,440
242
223
1,178
399
8,796

1,311

d

o
l

to
to

TABLE NO. 46.—

and liabilities of active State (commercial) banks, June 29, 1940 1

to
to

ASSETS
[In thousands of dollars]
Loans and
discounts
Number (including
of banks rediscounts
and overdrafts)

Location

Maine
NAW TTftrnpRhii*e
Vermont
Massachusetts
Rhode Island
Connecticut

-_

-

538,898

511,424

2,940
282
954
12,803
4,223
10,935

24,210
2,519
8,131
174,609
40,308
112,763

32,137

1,597
220
1,566
11,224
11,645
12,008

2,147
456
3,229
7,243
3,127
5,763

252
13
136
2,227
5,663
234

Interest,
commissions,
rent, and
other income
earned or
accrued but
not collected
54

270
370
6

43
1,091
638
239

Other
assets

Total
assets

141
47
234
523
436
275

105,544
20,304
69,398
676,897
261,858
384,115

1,656

1,518,116

362,540

38,260

21,965

8,525

646

2,065

2,485,393 5,114,117
393,104
304,270
999,605
656,070
73,435
57,846
110,587
115,902
52,902
64,813

123,201 5,384,449
19,934
293,582
40,209
610,466
2,656
78,105
7,944
151,110
4,638
51,845

172,109
34,091
64,667
2,188
8,596
8,200

49,678
27,558
84,351
1,234
2,049
2,566

24,301
3,333
22,026
699
398
2,285

37,123
190
122

..

30,555
3,050
4,536
346
521
364

43,538 13,464,464
2,820 1,081,932
13,888 2,495,940
216,584
75
400,180
3,073
187,794
181

_

.-

Total Eastern States

-

31,814
7,647
21,241
231,864
113,335
105,523

Customers'
liability on
acceptances
outstanding

305
136
379
29
114
13
976

3,684,294 6,743,750

198,582 6,569,557

63,575 17,846,894
930~ 293,113
683
170,193
1,377
417,044
95
60,444
441
199,219
781
119,938
601
110,140
874
149,807
3,882
183,236
477
230,257
299
92,003
6,461
273,978
915
165,574

236

Total New England States

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

42,389
9,120
33,864
235,043
82,113
136,369

31
12
33
71
14
75

_

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

Investments

Investments
Real
and other
Bank
estate
assets inBalances premises owned
directly
Currency with
owned,
other
representing
and coin
other 2 furniture
than
bank prembanks
and fixbank
tures
premises ises or other
real estate

--

_

-

.

.

>_

,.

Total Southern States




289,851

167,436

53,042

37,435

39,372

184
104
185
130
233
121
152
182
116
393
169
314
226

147,180
67,989
140,259
18,100
93,975
34,016
40,885
48,382
55,622
88,589
32,521
118,975
75,743

61,026
32,982
122,860
18,172
29,920
31,473
29,967
47,076
52,116
52,387
22,376
57,393
30,225

5,616
4,663
8,577
2,091
4,570
3,912
2,972
4,295
4,814
6,085
1,916
5,334
3,656

66,409
55,755
134,865
20,829
60,898
46,439
31,941
44,929
59,707
76,683
32,937
77,221
47,304

7,988
3,576
6,420
648
5,081
1,947
1,689
3,047
2,454
4,481
1,350
5,113
4,662

2,591
3,255
1,745
496
4,106
919
1,524
1,076
922
1,485
589
3,239
2,450

1,095
1,126
27
5
32
387
397
88
3,586
15

3

90
6

50
452

5
91

275
164
905
8
106
58
164
40
126
55
15
187
76

2,509

962,236

587,973

58,501

755,917

48,456

24,397

7,260

211

2,179

9

7

17,816

2,464,946

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

3,721

472,115
147,736
546,423
297,173
158,662
71,887
104,907
318,270
2,104,720 2,117,173
519,402
167,182
308, 416
270,978
180, 532
116,380
251,049
290,781

458,843
129,482
525,355
259,012
123,907
48,460
109, 323
338,092

29,756
9,048
12,900
15,371
8,404
3,712
5,090
11,989

15,944
6,065
4,175
2,458
4,347
1,036
1,349
5,855

4,488
706
1,274
1,452
666
2
927
976

129,046 1,992,474

96,270

41,229

10,491

695
851
1,205
3,313
949
385
960
159
569

493
306
178
877
214
43
191
41
39

9,086

2,382

975
330
25,775
691
868
46
291

96~
211
15, 466
46
176
6
376

790
908
1,584
3,777
1,655
568
1,810
495
1,509

235,521

144,621

13,096

9,047
11,467
23,280
51,981
25,846
7,589
26,872
4,464
20,440
180,986

95
46
3 128
32
46
5
7

Total United States (exclusive
of possessions)

6,959
11,403
17,169
47,693
22,342
3,104
16,544
3,293
16,114

1,381

_

10,694
19,438
37,543
86,526
19,445
9,735
21,927
5,897
24,316

30,390
11,413
573,562
17,686
39,469
1,355
9,880

21,137
11,803
582,058
19,441
24,941
1,205
9,417

1,750
877
15,634
1,217
1,330
157
1,015

23,407
8,170
280,924
14,006
31,597
928
9,368

359
9,182
11
42
1
11

_

Total United States and possessions
1
3
3
4
6

7 13
1
57
9,239

683,755

670,002

5
112
572

1
14
90
6
301

5
4
2,583

2,306

53, 526

1

42,932

273, 786

214
23
3
2,106
2,791
985
1

69

194,090

56,681

36,992

61,736

6,123

490,334 10,291,610

517, 022

8,403, 514 10,831,624

2
918
2,991
1,386
8
5,374
279,160 .

1,119
50
18
1,679
202
167
2
188

80,176

510,899

28,767
44,494
81,070
195,177
70,634
21,445
68,512
14,350
63,121
587,570

43
30
2,499
2

453,342 10,229,874
2,504
213
22
17, 678
35,504
5,784
31

6,515,622

48
63
90
601
45
21
122
1
128

100~
3
3,960

413

752
1,027
35
4,289
24,589
6,289
11

16,629

3
309

16,377

3,143
73
225
32,034
16,247
4,868
91

7,018

5

28,976

4,360
386
326
33,398
123,540
32,041
39

8,209,424 10,774,943

1,543,936
473, 549
1,427,243
868,027
488,049
247,556
486,873
980,389

81

368,400

21,980

8,088
532
3,326
1,376
1,145
416
125
1,621

5
3
445

4,063

Includes loan and trust companies and stock savings banks.
Includes reserve balances and cash items in process of collection.
Includes trust companies and other financial institutions without deposits.
Branches of 2 American national banks.
Includes branch of an American national bank.
«Includes trust assets.




142
2
3

1,938
259
2,367
944
99
265
95
1,051

38
38
8
4
137

308

3
20
13
405
1

33,054
12,539
22,865
19,261
10,284
5,398
14,003
11, 642

113
124
286
488
69
32
68
19
182

Washington
Oregon
California
Idaho
Utah
Nevada
_. _
Arizona
Total Pacific States

Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Total possessions

439
363
512
367
468
488
543
541

77,949
32,869
1,501,647
53,297
98,849
3,704
30, 540
1,798,855

103,101 30,732,003

71
1
2
46
36
118
2

132
10,362
13
242
8 41,225
40,835

11,245
12,085
628
90,711
247,156
99,906
183

92,809

461,914

435

233
7,165

435

7,398

276

80,611

50,330

53,802

195,910 31,193,917

7 Includes 2 American national banks having branches in Puerto Rico.
NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit
Insurance Corporation in its call made as of June 29,1940, on nonmember insured banks,
have been used in this table in instances where the various items of assets and liabilities
were not available direct from State banking departments.

CO

TABLE N O . 46.—Assets and liabilities of active State (commercial) banks, June 29, 1940—Continued

to

LIABILITIES
[In thousands of dollars]

Location

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

Demand
deposits

Time
deposits Other
Total
(includde- J deposits
ing
postal posits
savings)

Bills, pay- Mortgages
able, rediscounts or other
liens on
and other bank premliabilities ises and on
for bor- other real
rowed
estate
money

Acceptances exe- Interest, Interest,
cuted by discount,
taxes,
or for ac- rent, and and other
count of
other in- expenses
reporting come col- accrued
banks and lected but
and
outstand- not earned unpaid
ing
123
83
26
1,983
2,399
934

Other
liabilities

Capital
stock *

331
33
62
825
526
302

7,997
1,227
8,965
37,680
13, 380
22,178

Reserves
and retirement
account
for preUnSurplus divided ferred
profits stock and
capital
notes and
debentures
3,200
3 1,022
1,123
3 36,875
3 25,819
16,450

2,361
599
1,609
11,114
2,329
6,870

84,489

24,882

18,518

637,379 141,201
28,735 10,569
228,244 39,422
5,916
18,591
5,992
15,558
4,647
10, 222

45,490
9,159
52,440
931
3,747
1,271
113,038

121
41
30
25
300
295

36

1,288,190

812

36

651

1,484

5,548

2,079

91,427

10,468,774 1, 410,240 111, 698 11,990,712
465,863
956,169
483,622
6,684
1, 263,973
753,830 10,462 2, 028,265
142,818
180, 390
34,625
2,947
237, 790
350,691
111,445
1,456
89,213
159,610
69,623
774
12,668,431 2,863, 385 134,021 15,665,837

6,827
1,436
1,296
20

70
50
359

43,802
190
122

8,896
2,757
2,213
191
814
349

14, 575
902
6,953
350
372
492

67,660
2,325
4,649
210
314
333

507,852
69,640
131,977
9,985
22,692
10,870

938, 729 207,747

34,410
4,178
10,007
409,464
67,952
210,838

54, 794
12,858
44,979
161, 315
145,979
118, 327

686
59
184
7,580
1,626
2,954

89,890
17,095
55,170
578, 359
215,557
332,119

736,849

538,252

13,089

87
273
372
6

740
497
160

1,434
204
2,413
9,023
679
4,765

9,579

479

44,114

15,220

23,644

75,491

753,016

122,656
79, 958
272,232
36,297
107,063
70,674
61,805
83,237
113,929
164,359
57,931
141,863
80,458

128,498
61, 364
92,919
15,839
57,694
32,452
32,397
46,102
46,375
29,726
20,060
79,698
61,149

1,300
1,384
5,521
208
905
972
298
324
637
1,311
1,089
3,495
483

252,454
142, 706
370,672
52,344
165,662
104,098
94,500
129,663
160,941
195, 396
79,080
225,056
142,090

21
193
366
31
696
238
51
95
32
316
72
273
55

12

3

5
91

1,838
87
1,544
34
773
76
82
134
221
103
12
382
637

610
260
888
43
636
49
65
165
205
212
45
358
207

1,376
128
856
29
489
260
314
328
222
499
227
6,886
645

19,827
13,652
18,261
3,929
15,674
7,650
8,001
11,072
11,005
20,103
7,346
23,071
12,973

10,045
8,435
14,820
2,515
10,054
5,190
3,609
5,810
6,296
7,891
2,685
12,236
4,529

4,151
3,138
5,856
1,220
3,992
1,485
2,695
1,461
2,812
4,286
1,898
3,550
3,278

2,776
1,594
3,772
299
1,153
885
809
1,079
1,493
1,447
638
2,161
1,069

1, 392,462

704,273

17,927

2,114,662

2,439

31

213

5.923

3,743

12, 259

172, 564

94,115

39,822

19,175




9
1
14

90
6
9

4

,

636,187 10,706
173,822 3,463
409,214 9,807
431,959 7,394
248,108 4,417
127,434 2,416
174,645 4,156
198,348 5,718

1,375.303
419,308
1,300,088
777,851
424,693
218,938
438,210
868,811

Total Middle Western
3,375,408 2,399,717 48,077
States

5,823, 202

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri

North Dakota
South Dakota
Nebraska
._
Kansas
Montana
Wyoming
Colorado
New Mexico...

728,410
242,023
881,067
338,498
172,168
89,088
259,409
664,745

Total Western States-

164
206
356
1,018
468
162
676
80
509

24,339
38,308
68,586
167,032
63,380
18,627
60,665
12,815
54,834

Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa

356,628

148,319

3,639

508,586

586

33,071
14,823
815, 224
14,639
41,435
1,120
13,949

902
112
8,432
303
610
20
289

68,672
29, 077
1, 314, 701
47,699
86,816
3,280
28,093

21

5,127
9,075
69
32, 544
69, 557
45,954
51

4,596
2,940
329
42,977
75,020
30,321
95

73
35
160
2,445
1,888
1

9,796
12,050
398
75,681
147,022
78,163
147

52,166

8,778

8,645

11,792

360,113

18
12
29
196
67
32
48

20
8
4
47
73
8
360
2
8

2
16
12
38
21
11
12
1
60

2,986
3,740
7,669
14,794
4,008
1,472
3,277
810
4,191

945
1,098
2,695
8,563
1,850
867
2,400
357
2,405

329
970
1,599
3,642
946
229
1,281
158
1,370

121
260
361
532
289
193
464
202
189

5

421

530

173

42,947

21,180

10,524

2,611

329
21
4,965
71
60

57
2
1,595
72
62
1
54

35
18
36,494
22
75

4,262
2,188
66,215
2,310
6,177
225
1,073

2,461 1,555
672
750
39,932 23,442
1,446 1,009
3,195 1,855
102
85
175
1,116

457
138
9,680
638
599
11
16

5,459

1,843

36,644

82,450

48,985

28,810

11,539

49, 789

37,285

43,953 138,438 1, 502, 517 1,346,825 397,976

217,047

308
223
2
3

7
82
115
333
6
5
45
7

575
30
10

636
18,702

656

610

315

417

107

10

109
5
3,701
1,221

Total possessions
323,257
162,377
156, 278 4,602
5,036
Total United States
and possessions
19,325,564 7,744,485 232,023 27, 302,072
23, 738
1 Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
2 Includes capital notes and debentures. (See classification on pp. 230 and 231.)




159,327 86,191

655

13

103

9,675
13,115
19,812
42,826
19,031
7,363
22,006
2,895
11, 596

7
112

97,811
31,534
48,459
48,831
38,840
15, 234
23,637
55,767

4,151

4,650

14,500
24,987
48,418
123,188
43,881
11,102
37,983
9,840
42,729

Washington
Oregon
California_._
Idaho
Utah
_..
Nevada
Arizona
633,409 934, 261 10,668 1,578,338
Total Pacific States.._
Total United States
(exclusive of posses19,163,187 7, 588,207 227,421 26,978,815
sions)

6,057
2,224
22,331
5,492
6,894
1,871
3,616
3,681

3,096
277
2,034
1,377
443
187
908
3,470

100
3
4,048

68
4,395

3
14
2

34,699
14,142
491,045
32, 757
44, 771*
2,140
13,855

Oklahoma.--

14,136
6,837
21,140
9,400
6,816
3,919
7,189
16,754

41,049
12,536
30,158
21,014
9,920
6,970
13,020
24,660

4,097
307
1,721
884
234
137
64
1,201

19

26
42
16

1,966
472
1,013
3,148
203
218
222
1,536

5

87
12
60
28

233
8,140

10
5
1,968
105

25
6
274
143
1,045 4 51,563
260 6,343
1

25
5,940
27,646
3,474
25

35
4,605
7,321
877
5

34
1,566
1,169
400
4

11
2,492
5,488
923
1

8,373

2,088

1,458

37,720

13,158

3,590

9,022

45,411 196,650 1, 540,237 1,359,983 401, 566

226,069

656
58,162
39,373
3 Includes guaranty fund.
4
Includes trust liabilities.

58,212

to
Of

fcO
to

TABLE NO. 46.—Assets and liabilities of active State (commercial) banks, June 29, 1940—Continued

a

[In thousands of dollars]
Loans and discounts

Location

Maine
. . .
New Hampshire
Vermont
Massachusetts
Rhode Island

_

..____
_
._

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

_-

._

_ . . .

Total Southern States. _




3,4«

2,993

Openmarket
paper

Other loans
for the
purpose of
purchasing
or carrying
stocks,
bonds, and
other
securities

Real-estate loans

On farm
land

On residential
properties

On other
properties

Loans
to
banks

All other
loans

Overdrafts

._.

1,379
76
6,603
553
532
1,023

8,998
3,832
13,751
58,765
31,850
43,878

5,893
1,901
4,302
20,027
15, 482
9,297

115

268

1,881
118
528
6,576
1,555
4,452

37,147

3,905

15,110

10,166

161,074

56,902

158

122,786

77

14,147
1,048
2,504
148
2,068

75,763
8,991
8,662
1,440
1,408
1,005

250,130
3,847
24,897
3,329
776
356

180,813
10,048
48,146
6,944
7,388
1,063

9,720
1,245
7,805
2,264
9,516
64

156,000
95,813
142, 547
9,535
22,191
23,805

110, 220
34, 562
48,096
4,947
8,172
9,161

21,804
65
340

442,340
91,489
180,935
16,720
42,763
22,695

2,257
24
22
7
20
6

1,512,223

Total New England S t a t e s . .
.

362
32
90
28,242
2,975
5,446

1,222,199
57,138
192,116
12, 512
21,600
6,658

•

-

762
16
747
809
90
569

128,580

DnnnAntimit.

Agricultural
loans

12,199
988
3,722
50,789
16,859
44,023

_
- -

New York
New Jersey
Pennsylvania.
Delaware
Maryland
District of Columbia

Loans to
brokers
and
dealers
in
securities

Commercial and
industrial
loans

19,915

97,269

283, 335

254, 402

30, 614

449,891

215,158

22, 209

796,942

2,336

34,978
14,451
47,932
3,233
25, 637
«.5O2
7,714
5,986
14,079
22, 656
4,611
26,711
12,274

4,472
1,497
7,980
3,310
11,932
2,239
10,206
11,093
4,459
31,262
10,508
9,613
10.143

3,085
1,524
4,017
142
429
527
5
184
197
350
1,893
2,583
477

376
135
592
8
514
772
86
122
299
70
49
230
191

1,903
4,143
7,490
573
2,397
793
429
1,151
1,064
752
313
2,122
2,141

9,040
3,779
7,846
1,282
5,590
1,477
3,109
7,201
5,039
2,325
1,926
18,958
8,927

24,404
16,440
11,618
2,969
16,044
6,050
6,234
4,833
7,282
7,293
4,005
18,596
8,840

6,898
5,290
9,116
744
5,053
2,687
2,025
3,044
4,505
2,732
1,367
7,527
3,734

21
112
344

10
13
142
65

61,985
20,593
43, 315
5,823
26,137
10,958
11,051
14, 305
18, 637
20,934
7,812
32,431
28,834

18
25
9
16
122
11
26
417
61
205
24
62
117

228,764

118,714

15,413

3,444

25,271

76,499

134,608

54,722

873

302,815

1,113

179

10

33

120
46

10,702
2,156
4,116
65,685
12,755
27,372

24
1
5
35
4
8

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
Total United States (exclusive of possessions)
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa . . .
Total possessions
Total United States and possessions




108,859
25,440
89,453
53, 493
46,687
11,669
29,818
100,301

13.936
22,374
49,013
16, 954
20,773
42,187
105,614
33,377

3,544
6,130
25,059
8,354
4,518
1,403
4,910
1,638

3,370
59
6,974
572
214
7
228
1,737

12,084
2,002
10, 270
8,372
6,024
596
1,210
7,597

26, 357
18,241
13,148
13, 513
21,882
14,435
42,087
16,942

162,145
44,360
42,064
83,337
35,374
16,227
27,083
47,398

39,831
10,075
6,209
20,803
14,528
3,638
6,435
18,895

80
264
116
186
71
9
269
210

149,124
38,217
66,044
65,340
30,409
26,126
33,321
62,497

72
20
66
54
52
83
74
189

465,720

304, 228

55, 556

13,161

48,155

166,605

457,988

120,414

1,205

471,078

610

954
1 537
2,780
14,833
2,660
954
6,372
1,773
3,159

6,907
12 833
24,055
38, 535
7,747
4,983
6,915
2,245
12, 245

81
37
478
1,189
1,292
61
301
112
135

714
1 264
3,796
9,160
676
438
528
151
955

572
1 332
934
7,050
1,830
1,344
2,012
456
931

215
461
273
1,752
465
423
568
254
269

25

6
126
10
5
13

16
158
218
665
1,232
126
914
60
124

1,194
1 795
4,964
12,990
3,493
1,380
4,298
845
6,419

16
21
32
80
40
21
6
1
79

35,022

116,465

3,686

160

3,513

17,682

16,461

4,680

178

37.378

296

5,416
1,520
103, 640
1,963
7.282
248
1,207

4,899
2,341
20,421
5,883
6,140
422
1,818

488
107
5,009
422
1,045

112
2,381
4
256

332
88
17, 361
375
701
5
192

1,308
699
24,229
650
2,292
69
456

7,481
3,254
240,869
2,608
10, 742
190
4,105

2,365
466
90,302
1,420
4,348
259
886

18
18
175
15
10

8,061
2,791
68,851
4,300
6,589
155
1,153

22
17
324
46
64
7
3

121,276

41,924

7,131

2,753

19,054

29, 703

269, 249

100,046

236

91,900

483

2,491, 585

604, 239

216, 202

306, 758

365, 505

331,269

1,489, 271

551, 922

24,859

1,822,899

4,915

2,995
283
213
2 9,488
2 62,926
3 6, 227
22

8
13

60

7
146

i 1, 357
13
31
8,961
28,416
15,918
12

70
3,574
5,777

6

1
1,426
1,255

42
43

100
81
537

12
11
16,065
1,524

70
12, 946
10,007
1,453
5

424
1,173
605

53,351

9,421

2, 682

85

724

17. 612

25,838

613, 660

218,884

306,843

366, 229

348,881

1,515,109

554,124

82,154

2,202

2, 544,936

i All real estate loans.

s Includes amounts reported as overdrafts.

24, 859

21

1, 905,053

4, 936

to
to
^1

to
to

TABLE N O . 46.—Assets and liabilities of active State (commercial) banks, June 29, 1940—Continued
[In thousands of dollars]

00
Investments

Obligations guaranteed by
U. S. Government

Location

U.S.
Other
Govern- Recon- Home Federal Govment
struc- Own- Farm
ern
direct
tion
ment
Mort- corpoers'
obligaFiLoan gage rations
tions
nance
Corpo- Corpo- Corpo- and
ration ration ration agencies

10,690
286
Maine
2,061
New Hampshire
273
6,051
Vermont
509
147,322 2,595
Massachusetts
Rhode Island
69,059
1,832
Connecticut
_
50,881
2,428
Total New England States
286,064 7,923
New York
3,335,684 406,323
187, 361 14,906
New Jersey.
402,316 17, 685
Pennsylvania
36,910
Delaware
1,700
66, 525 1,084
Maryland..
32,034
District of Columbia
679
Total Eastern States
3,960,830 442. 377
Virginia
24, 587 2,361
West Virginia
11,022
428
North Carolina
50,238 4,072
South Carolina
6,185
Georgia
12.958
585
Florida
11,881
115
12,123
Alabama
_
___
18
Mississippi
5,506
182
14,616
Louisiana
125
17, 717
Texas
205
Arkansas
_
—
408




2,223
468
473
634
160
488
723
235
3,160
5,298
1,904
346
1,649
4,437
1,884
2,256
8,349
6,640
21,664
6,672
250,828 139,801 109,230
5,141 13, 718
18,905
8,012
51, 484 14, 594
437
2,243
610
1,194
5,107
1,930
479
6,358
338,665 162, 513 134,876
6.469
2.513
12,605
491
1.134
2,835
392
942
650
3,679
2,245

1,544
656
4,189
371
1,028
1,029
2,535
739
322
1,149
273

499
1,180
1,745
60
1,256
331
35
203
32
771
855

Other bonds, notes, and debentures
Obliga- U. S. Government corporations and agentions of
cies, not guaranteed
States
by United States
and
political
Other
subdiviGovFedsions (inerneral
cluding Fed- inter- ment
eral
warcorpomeland
rants)
diate
banks credit rations
and
banks agencies
2,006
529
2,581
19,892
4,091
16,138
45.237
477,865
62, 995

144
324
197
80
1,953
6,737
771
4,805
25
3,143
1,409

129, 261
9,891
8,732
1,318
690,062 16.890
953
13,945
8, 787
623
36, 496 1,404
9,388
89
5.872
70
13,381
392
58
11, 754
33. 474
24, 739
10,207

37
31
400
233

851
1,761
883
3,495
52,083
15
1,763
15
53,876
65
1,345
"194"
5"

100

10
466
65
175

Other domestic corporations

Railroads

3,133
1,057
1,950
16,145

6.721
719 35,892
13,746 91, 283
7,335 23, 940
15,642 106, 295
4,873
102
7, 257
2104
2,359
1,068
38,097 236,007
2,602
450
1,913
65
1,296
6,542
340
20
1,707
29
571
66
1,224
25
52
93
259
659
112
298
276
126

Public Indusutili- trials
ties

All
other

2,582
5,168
7
166
807
89
338
4,663
4,710
2,095
11,614
578
6,299 1,612
2,198
362
3,789
32,340 11,357 4. 316
78,133 66, 943 48,996
20,910 12. 583 3,959
72,199 54, 258 13, 553
852
3,473
2,041
1,416
4,407 4,056
434
2,382 1,011
180.072 142, 324 69, 210
2,472 1,445
1,467
837
1,461
930
447
766
199
232
149
488
679
802
1,132
77
88
326
719
100
353
155
384
65
133
520
162
636
63
453
181
114

Stocks
of Federal
Reserve
For- banks
eign- and
public other
doand
private mestic
corporations

1,021
2,786
276
1,197
1,497
1,706
11,840
2,739
964 13, 385
6.050
3,329
10,035 36, 755
25, 467 105,953
2.041 18.235
15, 635 91, 859
4,058
845
5,928
869
1,146
295
45.152 227,179
1,954
213
149
2,418
1,514
2
348
11
221
2,251
64
317
113
513
45
338
65
1,068
114
2,050
95
32

Stocks
of
foreign
corporations

79
7
77
25
174
362
5,045
289
244
2
40
5,620

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
Total United States (exclusive
of possessions)
. .
Alaska
Canal Zone (Panama)
Guam
_____
The Territory of Hawaii
Philippines-Puerto Rico
American Samoa
Total possessions

25,601
8,109

1,868
1,237

9,079

69
299
306
380
346
2
140
160
44
1,746

670
332
4,344
1,872
860
15
109
8,202

284
61
6,724
1,374
129

5,510
4,327
136,412
3,373
5 953
331
2,982

131
31
7,291
6
259

47,275

55
13
769
236
167

7

7

4,464

118
1,358

4, 714

5,842,171 530, 354 560, 655 255, 563 220,475 1, 640, 252

46,661

73, 744

25
8,597

15
12
46
139
55
25
37
10
339
102
7
3, 955
12

250

158,888

3
7,721

550
427
13, 509
230
1,007
14
100

15,261
5,115
11,588
11,278
1,820
1 002
1,825
12, 212

1,711
865
6,002
1,913
1,049
355
400
4,976

593
629
14, 685
3,109
2 028
55
1,777
22, 876

11, 463
5,112
351, 306
8,440
13 011
710
3, 755
393, 797

44
146
259
902
29
104
13
41
1,538

557
135
16, 937
281
184
68
219
18,381

8,870

1,103
705
2,788
836
33

1,927
5,308
3,181
16,169
4,066
855
5,172
925
9,672

4,076

15,837

3
1,664
695
418
6,275
183
490
30
8,091

' All other bonds, notes, and debentures.

2,068
437

190
140
7, 565
95
151
10
180
8,331

69, 372 415, 787 327, 994 254, 837 112, 308

1,192
248
159
3,429
157
41
66
4,100

89
12
4,391
69
411
2
53
5,027

88, 087 330,679

1

6

5

5

2
4

6
6,004

158

i 1,600

1,385
225
19, 625
3,694
2,456
45
27, 430

34
42
20
397
161
19
89
130
17
909

56
40
114
235
338
9
285
95
9
1,181

2,258

9,067
1,411
803
625
626
851
1,755
4,331
19, 469

57
157
172
910
1 152
40
41
10
176
2, 715

79
52
263
34
79
41
644

107
132
178
174
385
31
654

5,245

75, 320
20, 543
149, 939
71,726
33,205
19, 993
29,386
62, 708
462, 820

60,101

5

118
118
207
307
438
6
* 657
32
3
1,886

235,970

353
490
1,191
3,722
768
388
874
163
572
8,521

5

8,857
2,979
1,809
1,206
1,100
51
291
28, 575
44,868

164
284
186
98
643
38
1,156
5
6
2,580

7,514

333
196
536
3,013
1,134
183
924
245
466
7,030

15,941

16,122
5,279
22, 535
7,899
14,902
2,555
3,677
8,275
81,244

2,958
244

3 647
4,229
10 623
21,844
11,875
1,438
5 767
1,515
5,095
66, 033

1,332
4,405
1,213
10,509
2,336
3,457
713
673
2,970
26, 276

10,157

288
286

17
3,912
9,394

7,648

8,719
11, 924
7,336
35,010
9,090
16, 073
1,520
2,570
5,617
89,140

319
230

17,118

5,110
2,803
3,311
2,094
2,490
820
2,020
2,974
21, 622

13,631

924
31

11, 225
6,634
6,205
6,258
4,251
3,256
4,709
10,031
52, 569

1

20,755
7,278
32,206
11, 824
19,989
3,535
4,377
9,332
17,271 109, 296

13,483
16,110

37,060

948
2,127

2,377
229

297
250

16, 582 41, 505
8,176
2,958
26, 292 16, 742
6,684 30,185
6,100
2,325
3,804
385
6,560
1,519
4,971 20,288
61,716 133,360

264
39

2,873
157

2,689
594

233,163
74,441
220,684
133,219
51,242
33,046
45,128
137,098
928,021

207,426

Total United States and possessions _ _ _ _ _
5,869, 601




435
145

73
.

71

7,035
8.073
2,199

31

95
95

17, 307

31

255, 992 220, 570 1, 657, 559

46, 692

429

31
102
530,354 560, 757

429

837
35
872
73, 744

819
20

1,654
629

1,394
7

118
1,424
46

142
828

683
704
6

33
31

17
856

29
2,312

1,401

3,188

1,043

1,551

64

89,130 332, 230

6,068

70, 244 416, 643 330, 306 256, 238 115, 496

TABLE NO. 46.—Assets and liabilities of active State (commercial) banks, June 29, 1940—Continued

CO-

[In thousands of dollars]
Capital stock, capital notes!
and debentures

o

Demand deposits

Time deposits
Deposits of individuals, partnerships, and
corporations

Location

Capital
notes
and
debentures

Maine
New Hampshire..
Vermont
Massachusetts—
Rhode Island
Connecticut
Total New Eng-_
land States
New York
46,911
New Jersey
__
Pennsylvania
.Delaware
3,915
Maryland
District of Columbia
970
T o t a l Eastern
51,882
States
Virginia
2,295
West Virginia
25
North Carolina
444
South Carolina
Georgia
1,601
Florida
Alabama
Mississippi
32
20
Louisiana
Texas
3,165
Arkansas
I
Kentucky
_
Tennessee




Preferred
stock

Individuals,
Common partnerstock
ships,
and corporations

U.S.
Government

States
and
political
subdivisions

5,829
700
1,035
21,198
8,516
21,723

3,819
325
6,315
6,372
1.110
2,787

4,178
902
2,650
31,308
12. 270
19,391

27,018
3,319
55
8,866
329,012 11,996
14
55,648
167, 700 1,710

20,728

70,699

591,563

21,520
31, 574
19,124

250
72,468
4,688
3,545
32
600
2,359
4,345
2,520
1,874
4,352
3,130

14,611

Banks
in
United
States

727
159
51
46,912
3,563
19, 705

Banks
in foreign
countries

346
211

Deposits
accuCertifi- mucates
lated
Savings of de- for payposit
ment
of personal
loans
658
37
273
3,805
1,226
3,512

1,081
68
2,088

504,145 9,511
858,883 19,081
453,538 3,117
584,648 37,728
29,336
1,093
99,146
1,684
63, 362
22

3,383
277
3,106
5,162
23
1,691
3,034

51,823
12,365
43,528
151,312
140,669
104,448

439,421 7, 254,910 127,465
364,917
9,839
38,066
112,853 1,006,810 36,987
9,899
519
135, 312
18,777
177,001 11,526
211
9,650
86,468

59,001
557
71,117
246,814 2,459,821 379, 764
20,818
144
70,145
75
77,588 142, 513
2,018
4,969
27, 939
21,310
2,502
7

628,666 9,025,418 186,547
15,139
88, 487 1,733
11,357
64, 566
110
14,691 131,861 2,240
3,453
29,684
99
14,073
77, 723 2,440
7,050
57,885
256
5,642
45,640 1,413
6,695
57, 596
348
8,465
72,684 2,891
16,938 136,999 1,702
5,472
5
43,775
18,719 104,479 2,083
9,843
60, 721 1,815

420,833 2,655,611 380,022 2,088,913
9,777
22,614
100,764
45
9,008
6,274
52, 531
46,895
91,236
62,515
509
12,294
6,005
40,922
10,373
16,527
28,027
11,349
1,184
25,905
7,419
7,333
29,142
5,553
19,740
31,308
7,044
31,298
12
12,705
6,200
19,458
13,174
5,524
8,627
48,519
21,834
13,467
35,539
12,896
5,026

•7

139

62,725 13, 293
7,314 8,804
6,426
165
13,863 5,733
2,512
12,352
844
462
889
274
5,225
175
15,203
10,804
11,988 1,320
5,909
6
26,955 1,234
20,032 1,824

States
Banks
Christand
mas
Banks in forPostal
posavin
saveign
Open ings^ litical United counings
subdi- States tries
acand
visions
simi- counts
lar accounts
826
184
347
2,428
2,823
1,531

63

452

297

10
559
457
152

~5~067"

965
133
671
967
736
1,402

127

4,874

1,055

62

8,139
5,515
11,881 294,074
9,111
4,416
14,020 70,743
1,766
217
2,368 4,117
2,033 1,034

1,630
6,000

50,562 167,851
534
9,800
33,920 6,237
228
1,617
42
2,091
120

1,631

1,372
345
306
18

376,150
1,175
256
-1,165
193
148
105

8,041
1,557
835
3,610
186
440
504
325
940
1,639
241
709
292
436

97,990 175,012
5,799 1,062
112
218
2,177 3,077
525
57
721
1,831
2,224
133
516
95
135
86
140
2,068
55
2,684
50
20
314
947
1,687 1,353

1,631

2,023
821
779
72
436
108
57
421
382
174
117
790
273

559
75
647
5

Total Southern
137,537
972,100
7,582 27,445
States
92
573,725
70,574
27,145
Ohio
169,353
22, 233
9 301
Indiana
687,312
45,086
Illinois
_ 3,373
252,058
~l3,~220~
35,611
Michigan
136,676
11,215
114
27,511
Wisconsin
68,299
1 725
13,509
Minnesota
2,692
192,285
20,945
Iowa
1,589
405,596
3,651
50, 527
Missouri
Total Middle
Western States.. 56,410 17,707 285,996 2,485,304
12 049
791
30
2 165
North Dakota
633
16,593
South Dakota
3,107
384
40,602
437
6,848
Nebraska
1,777
83,362
13,017
Kansas
438
126
3,444
31,240
Montana
658
8,620
814
Wyoming
592
31,487
2,685
Colorado
217
7,723
593
New Mexico
64
32,128
4,127
Oklahoma
Total Western
4,160
1,987
263,804
36,800
States
663
Washington
3 599
28 404
1,727
461
11,615
Oregon
15,912
370,164
50,303
California
506
1,804
22,362
Idaho
100
884
5,193
31,246
Utah
_
28
197
1,248
Nevada
1,073
10,830
Arizona
Total Pacific
475,869
2,008 16, 546
63,896
States
Total United
States (exclusive
of possessions). _119,869 159,054 1,223, 594 13,814,058
3,875
610
Alaska
2,750
Canal Zone (Panama)
25
38
Guam
25,053
The Territory of Hawaii.
5,940
75
Philippines
37,215
27, 571
3,134
29,838
340
Puerto Rico
25
32
American Samoa
75
37,305
98,801
Total possessions..
340
Total United
States and pos120,209 159,129 1,260,899 13,912,859
sessions
1
Includes U. S. Treasurer's time deposits—open account.




493,345 139,472
551,816 39,355
127,820 40,526
361,436 30,747
411,493 11,295
198,159 42,691
64,741 55, 720
100,787 71,509
145, 409 46, 592

17,135

214,593

188,577

57

13,989
3,229
10,896
4,300
2,004
254
1,572
13,377

68,678
63,294
47,381
65,483
24,303
18,920
59,140
42,408

71,667
6,147
134,937
16, 582
9,185
1,015
6,412
203,176

351

389,607
2 019
7,875
7,326
35,478
8,002
2,261
4,973
2,100
9,927

449,721
419
391
385
2 996
4,568
209
1,521
2
588

1,155 1,961,661 338,435
3,413
5,892
4,863
6,899
5,621 13,890
19,091 21,589
13,484
4,288
1,521
5,587
2,114
19,240
2,199
658
4,823
6,140

49,621
13
128
105
1,352
71
12
2
15
86

541
75

188

20,841

6,453

4,362

11, 714

19,145

8,941

10,927
495
4,168
999
40
306
905
1,132

2,726
2,221
1,827
2,967
1,674
202
554
1,590

7,530
603
4,038
374
691
7
211
1,336

1,118
571
573
1,291
682
1,389
352
821

19,891
8
6,356
2,520
2^980
4,474
233
622

2,824
1,578
69
1,020
1,191
595
94
846

18,972 13,761

14,790

6.797

37,084
277
1,226
49
144
748
118
97
8
250

8,217
26
35
73
240
158
5
205

2,917
2
406
9,635

844
124
42
15, 531
110
75
5

1,400

10,242

15,887

1,400

29,674 172, 252 209,956

3,031

40
325
3
58

4
24
306
74
301

651
17
40
30

67
88
115
480
259
34
19
30
71

169

7

34

595

716
4
4
4,449

772

105

54
45

3l

1,163
51
87
97
28
49
5
12

4,556

20, 592

329

1,784
309
14
9,388
236
88
1

79, 961
5 117
2,393
25,666
8,763
7,347
886
2,903

11,079

78,321

869
120
79,558
1,380
6,085
5
114

6,269
16
5
8

29,967
12,669
741, 592
12, 557
38,400
1,011
13,489

62,991
2,605
1,599
22,350
1,934
2,525
85
367

10,036

53,075

88,131

6,298

849,685

31,465

105

279, 734 1,217,070 3,464,236 388,089 5, 976,070 644, 599
432
902
122
3,595
698
132
83
3
2,857
6,190
302
31
873
30, 962 10,092
47
6,571
3,197 18,162
41,070 27,175
10,983
914
127
12,136
645
16,955
2,421
19
95
5,150 19,255
95,836 38,379
30,438
8,733

57,189

288,467 1, 247, 508 3,469,386 407, 344 6,071,906 682,978

57, 683

318
16
20,170
10
47

73,255 422,181

180
14
5

IO2

99
1
493
494

987

62

84

90

987

33

27
747
6,775
12,623

152

216

20,172

74, 242 422,333

42

42

29,890 192, 424 209,998

3,031

TABLE N O .

47.—

to

and liabilities of active mutual savings banks, June 29, 1940

CO

ASSETS

to

[In thousands of dollars]
Loans and
discounts
Number (including
of banks rediscounts
and overdrafts)

Location

32
43
8
192
9
72

Maine
New Hampshire 2 - Vermont
Massachusetts _ - . ._ _
Rhode Island
Connecticut
Total New England States
New York
New Jersey *
Pennsylvania
Delaware
Maryland

. __ -

Total Eastern States
Ohio
Indiana
"Wisconsin
Minnesota
Total Middle Western StatesWashington
Oregon

28, 735
66,925
31,113
990.012
54,298
340,997

Investments

94.202
117,427
22,544
1,151,319
108,425
353, 515

Bank
Balances premises
owned,
with
Currency
and coin
other
furniture
banks i
and
fixtures

867
1,139
424
3 7,731
1,895
6,509

Real
estate
owned
other
than
bank
premises

19,976
21,887
3,050
93,156
25,701
68,976

1,266
2,070
781
19,926
1,103
6,503

3,100
7,015
4,602
138,679
2,595
45,247

Investments
Interest,
and other
Customers' commissions,
assets inrent, and
liability
directly
on acceptrepresenting ances out- other income
earned or
bank premaccrued but
standing
ises or other
not collected
real estate

2,557

84

Total
assets

Other
assets

i-3

o
4
304
73
8,549
104
5,898

148,150
216,767
65,228
2,409,372
194,121
827,645

356

1,512,080

1,847,432

18,565

232, 746

31, 649

201. 238

2,557

84

14,932

3,861,283

134
24
7
2
12

3,042,676
124,906
86, 697
12,863
38,011

2, 404,197
169, 279
475.973
32,411
166,140

42,641
2,073
1,969
35
1,307

510,905
26,877
62,216
2,457
44,945

73,293
5,266
10,357
747
1,556

301,191
34.539
2 i 364
311
3,933

6,012
856

39,325
2,106

18, 596
717
2,759

98

35

6,438,836
366,619
664,335
48,824
256,025

179

3,305,153

3,248,000

48,025

647,400

91,219

364,338

6,868

41,529

22,107

7,774,639

3
4
4
1

50, 779
lp,814
2,231
16,009

63,236
5,824
2,301
48,615

6,619
392
159
111

8,417
5,267
667
6,239

1,099
83
87
3

4,316
735
39
712

32

254
1
2

134,720
23,148
5,484
71,691

12

79,833

119,976

7,281

20,590

1,272

5,802

32

257

235,043

3
1

27,602
1,824

45,155
969

451
6

4,126
189

355
1

120
10

5

78,242
3,011

428
12

Total Pacific States

4

29,426

46,124

457

4,315

356

130

12

428

5

81,253

Total United States

551

4,926,492

5,261 532

74,328

905,051

124,496

571,508

9 469

42,041

37,301

11,^52,218

1
3
3
4

Includes reserve balances and cash items in process of collection.
Includes business of 9 guaranty banks.
Includes cash items.
Includes two "associations" which possess the characteristics of both a savings bank
and a building and loan association, in that all of the deposits are invested in bonds and
mortgages and each depositor has the privilege of making a mortgage loan.




NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit
Insurance Corporation in its call made as of June 29,1940, on nonmember insured banks,
have been used in this table in instances where the various items of assets and liabilities were not available direct from State banking departments.

W
fed
Q
O

LIABILITIES
[In thousands of dollars]
to

00
(—I

8
^

Location

Time
Dedeposits
mand (including Other
dedepostal
posits savings) posits i

Total
deposits

M

Maine
- -- - - New Hampshire
Vermont
Massachusetts
Khode Island
Connecticut..
Total New England
States
New York
New Jersey..
- _ ._
Pennsylvania
Delaware
_
Maryland
Total Eastern States.
Ohio.
Indiana
Wisconsin
_ _ _
_ _ _
Minnesota
Total Middle Western States
Washington.
_.
Oregon
_
Total Pacific States.
Total United States.

1291*452

AcceptBills payInterest, Interest,
able, redis- Mortgages ances exe- discount,
taxes,
cuted by
Capital
or other
counts,
and
or for acOther
liens on
rent, and
and other bank prem- count of • other inother liabili- notes Surplus
and
liabilities
reporting
ties debenises and
come col- expenses
for bortures
on other banks and lected but accrued
rowed
and
real estate outstand- not earned unpaid
money
ing

129,452
194,187
57,435
2,161,553
178,988
740,569

2

194,187
57,329
2,161,553
178,988
740, 569
3,462,078

3,462,184

2

£5,670,370
1,648
325,603
610,020
41,526
185
227,833

5.670,370
327,321
610,021
41,526
228,018

106

106

70
1

1,833

6,875,352

71

6,877,256

8
1,102

124,061
19,107
4,816
66,941

3
26

214,92 I

29

216,064

73,074
2,860

10,631,438

22,882

152,257
58
2,906
441
3 13,544

73,608
3,009
4,962
5,856

600

626,528

169,206

87,435

1,147

6,633
2,518
346
4,000

966
168
40
601

787
227
73
57

13,497

1,775

1,144

7,149

5,992

8

5,567
463
1,231

5,628

7,976
492
11
92

198

595

1,345

1,296
43

25

600

1
715
1

9

m

623

2 3,650
2 49

193"
52

4
7

1,339

3

1 Certified and cashiers' checks (including dividend checks), letters of credit and
travelers' checks sold for cash, and amounts due to reserve agents (transit accounts).




137,448

531,737
34,828
45,215
1,000
8
13,748

1,032
5,297
331

75,934
100

224; 240

354

73,074
2,860

75,934
3,049 10,628, 289

8,021

623

1

9,385
659
2,070
2,747

7,966
6,643
474
94,628
3
1,369
26,368

823
165

259
95

Reserves
and retirement account for
capital
notes and
debentures

»15,142
183
»145,203
212,566
51,146

4,723

124,072
20,235
4,816
66,941

1,110

1,269

76
136
299
4,982
280
1,376

44

Undivided
profits

363

* Includes guaranty fund.
3 Includes reserves.

7,283

25

3,699

245

11

17,059

7,962

867,964

308,674

111,472

to
00

TABLE N O . 47.—Assets and liabilities of active mutual savings banks, June 29, 1940— -Continued

00

Fin thousands of dollars]
Loans and discounts
Other loans
for the purCommerpose of purLoans to
cial and in- Agricul- Open-mar- brokers and chasing or
carrying
dustrial
tural loans ket paper dealers in
loans
securities stocks, bonds,
and other
securities

Location

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

_

228

__

.

Ohio
Indiana
Wisconsin
Minnesota

.

31

._

1,926

4,517

12

4,619

54,144

1,447,029

68

138
465
226
492

13,040,232
109,959
'85,453
212,571
14,097

17,889

131

1,321

3, 262,312

32,396

4,287

2 24,122
5,376
1,836
» 15,709

1,818
279

14,507

2,342
225
779
36
905

55

2

513
2.602
65

182

55

2

3,180

47,043

2,127

448
43

3 26,764
576

1,202

491




441
1

153

All real estate loans.

4,619

~30~

504~
2

27,340

1,202

4,783,724

37,651

86,068

d

393

13,288

Includes loans on other properties.

g

14

390
3

Total Pacific States Total United States

14

27,244

_ __

o

8

26,144
749
51
300

30
30

Overdrafts

1,824
6,036
1,686
29,297
8,497
6,804

182

______

Total Middle Western States
Washington
Oregon

12

31

_

1,926

8,296

63

.

i 26,911
i 60,889
18,520
i 960,715
1 45,801
1
334,193

8,296

102

Total Eastern States

All other
loans

On other
properties

371

86

._

Loans to
banks

On residential
properties

371

86

228

On farm
land

... . _

Total New England States
New York .
New Jersey
Pennsylvania
Delaware
Maryland _

Real-estate loans

14

Investments
Obligations guaranteed by
U. S. Government

U. S.
GovernReconment
strucdirect
tion
obligaFinance
tions
Corporation

Location

43,084
21,321
13,996
620, 760
33, 325
147, 836

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New
States

England
880,322
1, 362, 599
New York
56,982
New Jersey
_ __
153, 824
Pennsylvania
1,387
Delaware
87, 691
Maryland
.
1,662,483
Total Eastern States
21,160
Ohio
2,277
Indiana
226
Wisconsin..
__
9,437
Minnesota
Total Middle Western
33,100
States
Washington
Oregon

_

Total Pacific States

Home
OwnersLoan
Corporation

Other
Federal GovernFarm
ment
Mortcorpogage
Corpo- rations
and
ration
agencies

1,561
6,925
780
29,637
6,058
9,488

258
5,251
1,045
8,729
2,137
2,454

20,407 54,449
77, 338 153,159
5,743
486
7,725 20,697
304
15
4,351
626
86,190 184, 254
5,386
1,141
737
38
350
4
295
3,950

19, 874
38, 922
2,009
5,284
521
4,053

2,933
50
11,165
3,803
2,456

1,705
154
6,360
1,190
2,298

Other bonds, notes, and debentures
Obligations of U. S. Government corporations and agencies, not
States
Other domestic corporations
guaranteed by United
and poStates
litical
subdivisions
Other
(includFederal Governing war- Federal interPublic
All
m e n t cor- Railrants)
utili- Indusmediate porations roads
land
other
trials
ties
credit
banks
and
banks
agencies
6,080
7,575
1,027
94, 584
3,769
19, 013
132, 048
349, 205
40, 344
70,134
1,783
1,916

12,482 18,705
21, 695 23, 832
775
1,995
119,642 128,289
89 14, 628 18, 782
54, 881 50,428

25
1,658

1,999

50, 789
2,052
337
119
3,518

11, 707
52, 907
372
3,224
8
2,578
59, 089
1,021
85
2
961

463,382
6,004
2,199
1,176
20, 343

10
10

316

237
1,522
3,899
5,658
525

226
2,397
2,623
13

1,478

10,423

6,026

2,069

29, 722

1,355

20, 862
222

372

4,706

3,727

420
5

7,331
684

142

21, 084

372

4,706

3, 727

425

8,015

1,509

4,303
135
1,411
14
.82

2,745

5,945
120,717
656
4,254
2,734
19, 035
52
170
2,465
6,296
26,157 30, 222
6,033
38
135
15
859
2,470

3,944
8,116
553
2,427
27, 756

3,668
15,332
1,954
50,426
20,694
36,823

42, 796

128,897

725

36, 758
34
7
175
6
36, 980
1,287
3
10
15

1,047

5,491

1,315

456

678

29

3,537
639
1,649
5,825
4,766

10
369

20
810

142

13

633,167
2,636
9,154
2, 596,989 108,447 253, 832 80,416 73,290
Total United States
i Includes obligations of U. S. Government corporations and agencies, not guaranteed by United States.




109 304,103 242,031
212, 887 99, 705
22 33, 945 24,195
1,133 111, 567 75,324
8,544 18, 813
146 28, 525 19, 542
1,301 395,468 237, 579
8,047
5,776

92
1,074
70

Stocks
Stocks of
of
For- domestic foreign
corpocorpoeignpublic rations rations
and
private

244
3,508

125
1,355

379

11, 799

7,256

8,503

12

2,303
11

1,739

2,378
47

12

2,314

1,739

2,425

456

678

29

1,801 713,684 488,605

39, 830

37,670

54, 790

167, 221

and liabilities of active mutual savings banks, June 29, 1940—Continued

TABLE N O . 47.—

to
CO

(In thousands of dollarsj
Time deposits

Demand deposits

Individuals,
partnerships,
and
corporations

Maine
New Hampshire
Vermont .
Massachusetts
Rhode Island
C onnecticut
Total New England States..

U.S.
Government

89

Location

1

16

128,431
193,076
56,696
2,149, 253
178, 354
735,098

89

1

16

3,440,908

States
Banks in Banks in
and
political United
foreign
subStates countries
divisions

Savings

Certificates of
deposit

States
Postal
and
Banks in Banks in
Deposits Christpolitical United
savforeign
accumumas
subings
States countries
lated for savings Open
divisions
acpayment
and
of
similar counts
personal accounts
loans

13

3

1,021
1,111
196
12,300
634
5,471

45

352

24

13

45

352

24

108

25

3

20, 733

185

New York
New Jersey
Pennsylvania
Delaware
Maryland

5, 646,400
322, 728
607,383
41,351
225, 968

20

23, 970
2,742
2,637
99
1,682

64

76
99

1,833

6,843, 830

20

31,130

64

283

182
77
1

206
40
121
29

318
3

9

260

396

321

9

1,648

Total Eastern States.
Ohio
Indiana
Wisconsin
Minnesota
Total
Middle
States . _

Deposits of individuals, partnerships, and
corporations

7
440

1
606

56

123, 489
18, 499
4,682
66,912

184
173

213, 582

357

25

Western
447

607

56

Washington _ _ _
Oregon
_.
Total Pacific States
Total United States




5
87

73,069
2,773

92

75,842
2,529

1

463

56

10,574,162

370

283

52, 259

430

644

141

TABLE N O .

and liabilities of active private banks, June 29', 1940

48.—

ASSETS
[In thousands of dollars]
Real
Bank
Loans and
estate
discounts
Balances premises owned
Number (including Invest- Currency with
owned,
furniture other
other
of banks rediscounts ments and coin
than
and fix- bank
and overbanks»
tures premises
drafts)

Location

Investments
Interest,
and other Customers' commissions,
assets
rent, and
liability
indirectly
representing on accept- other income
earned or
bank prem- ances out- accrued but
ises or other standing not collected
real estate

Other
assets

Total
assets

H
O
H

Connecticut

-.

New York
New Jersey a
-Pennsylvania
Total Eastern States
South Carolina
Ohio
Indiana
Total Middle Western States
Kansas
Total United States
1
2

-

231

42

102

11

411

8
1
15

37,833
15
5,478

66, 349
12
8,194

838
3
460

37.017
1
4,188

124

50
36
405

7, 763

283

24

43,326

74, 555

1, 301

41, 206

407

491

7.763

1

674

54

20

225

13
15

2,158
1,876

584
1,054

100
157

673
1,593

62
48

95
71

4,034

1,638

257

2,266

110

166

2

1

3

4

7

48,437

1,624

43, 806

531

1,096

2

150, 244
67
21, 405

O
O

2,426

171, 716

1

3

57

29

2

28

1, 206

2,397

400

76,478

Includes reserve balances and cash items in process of collection.
Includes figures for 1 branch of a New York bank.




9

3

241

241

1,001

28
1

3,673
4,801

1

8, 474

2,436

182,414

17
7,763

241

NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit
Insurance Corporation in its call made as of June 29,1940, on nonmember insured banks,
have been used in this table in instances where the various items of assets and liabilities
were not available direct from State banking departments.

o

to
00

TABLE NO. 48.—Assets and liabilities of active private banks, June 29, 194C—Continued

fcO
GO

00

LIABILITIES
[In thousands of dollars]
Time
De- deposits Other
(includmand
ing
dedeposits postal posits i
savings)

Location

New York
New Jersey
Pennsylvania

91
200

11

10,319

686 120,096
6
135 16,763

.

124,725

11,319

821 136,865

227

.

..

Ohio - .
Indiana .__
Total Middle Western S t a t e s . . . .
Kansas
Total United States

Acceptances
Interest,
executed
discount,
by or for
rent, and
account of other inreporting come colbanks and lected but
outstand- not earned
ing

Interest,
taxes, and
other expenses
accrued
and
unpaid

43

147

111

5,004
6
6,309

280

Total Eastern States
South Carolina

728

446
. 114,406

Connecticut

Total
deposits

Bills pay- Mortgages
able, reor other
discounts,
liens on
and other bank premliabilities
ises and
for boron other
rowed
real estate
money

457

123

1,522
3,273

1,514
1,043

4,795

2,557

2

2
130,425

Other
Undiliabili- Capital Surplus vided
stock
ties
profits

2

27
11

8,417

43

147

125

55

94

1,087

5,600
2 2,301

13,837
57

16

1,976

8,417

790
4
338

3,063

7,901

13,894

16

1,132

580
6
8
14

21

400

3,042
4,324

2

293
216

206
191

128
69

2
1

7,366

2

509

397

197

3

10

5

8,945

14,351

328

1,135

2
14,279

837 145,541

318

122

8,417

43

149

3,065

i Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
Includes surplus and undivided profits.

8




Reserves

Loans and discounts

Commercial and
industrial
loans

Location

Agricultural loans

Other loans
for the
Loans to pose of purpurbrokers
chasing or
and
carrying
dealers in stocks, bonds,
securities
and other
securities

Open
market
paper

Real-estate loans

On farm
land

On residential
properties

On other
properties

Loans to
banks

All other
loans

Overdrafts

o
Connecticut

_ _

-.

.

U88

118
17,053

6,287

6,032

7,373

540

700

26

518

200

387

4
15
82

466

57

1,992

10

18,559

69

6,987

6,058

7,891

222

431

101

2,458

550

o
o

3

Total Eastern States

12

1,506

New York
New Jersey
Pennsylvania

1

1

668

1

g

1
1

3

2

South Carolina
Ohio
Indiana

-

2F

94

- -

...

Total United States
l All real-estate loans.




262

480

1

252

1715
291

34

1,442
555

262

.

Total Middle Western States
Kansas

44

480

1

252

1,006

34

1,997

477

1,626

136

5,220

= = = = =

18,939

549

6,988

6,058

7,891

W

3
553
H

W

to
CO

and liabilities of active private banks June 29, 1940—Continued

TABLE N O . 48.—

[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government

Location

U. S.
Government
direct
obligations

Reconstruction Finance
Corporation

Home
Owners'
Loan
Corporation

Federal
Farm
Mortgage
Corporation

Other
Government
corporations
and
agencies

Connecticut

Obligations of

U.S. Government corporations and agencies, not
Other domestic corporations
States
and polit- guaranteed by United
States
ical subdivisions
(includOther
Federal Governing warrants) Federal interme- ment cor- Rail- Public Indus- All
diate porations
land
banks credit and agen- roads utilities trials other
banks
cies

1

10

10,090

1,309

485

420

888

1,385

1,486

307

386

99

60

755

57

8

42

728

870

706

386

100

70

10,845

1,366

493

462

1,616

2,255

43

1

333
544

47

4
80

9

144
250

5

7

17
22

877

47

84

9

394

5

7

433

184

79

11,394

1,371

469

44,439

1

2,872

144

47,311

145

South Carolina
Ohio
Indiana
_ .. _
Total Middle Western
States

Foreignpublic
and
private

76

112

New York
New Jersey
Pennsylvania
Total Eastern States

Kansas.

Other bonds, notes, and debentures

Stocks of
domestic
corporations

Stocks
of foreign
corporations

8
43
5,360
6
1, 235

113

101

55
6
131

2,192

408

192

6,601

113

22
30

12
12

46
29

5
4

1
15

39

52

24

75

9

16

1,656

2,307

2,216

567

201

6.662

-




48,188

145

493

o

2

8

a

_

Total United States.

o

113

Demand deposits

IndividU.S.
uals,
partner- Govships,
ernand cor- ment
porations

Location

Connecticut
New YorkISTew Jersey
Pennsylvania

. __
_

States,
and political
subdivisions

Banks
in
United
States

States
Banks
in
Deposits
Postal and poforeign
accumu- Christmas Open savings litical
Certifisubcountries Savings cates of lated for
savings
acdivisions
payment
deposit of personal and similar counts
accounts
loans

986
6
4,321

1,111

3

1,033

797

5,313

2,14*

800

Ohio
Indiana _
Total Middle Western States,.
Kansas

294

2,342

85, 253

391

14,640

58

1,264
2,443

.

12,298

399

Total Eastern States

97

7,683

South Carolina

Banks
in
United
States

Banks
in
foreign
countries

n

280
24,441

77, 570

_ _ _ . __

Total United States

Deposits of individuals, partnerships, and corporations

446

_ ._ ___
_

Time deposits

258
830

819
475

695
561

1,088

1,294

1,256

7

6,887

3,523

807

=====

7

3,707

24,441

2,797

7

100

158
2,797

165

o
o

100

123

w

2

.._




_..

89,807

1,537

14,640

24,441

2,797

165

100

Q

2

9

TABLE N O . 49.—Assets and liabilities of all active banks other than national, June 29, 1940 (includes State (commercial), mutual savings, and
private banks)
ASSETS
[In thousands of dollars]
Loans and
discounts
Number (including
of banks rediscounts
and overdrafts)

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

_
_

__.

_

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

71,124
76,045
64,977
1,225,055
136,411
477,766

126,016
125,074
43,785
1, 383,183
221,760
459,269

595

2,051,378

2,359,087

5,565,902 7,584,663
429,191
562, 395
748,245 1,483,772
105,846
70,709
276,727
153,913
52,902
64,813

1,179

_._
__

___

63
55
41
263
23
150

447
161
401
31
126
13

__
_._

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

Investments

__.

Total Southern States




Bank
Balances premises
owned,
Currency
with
furniture
and coin
other
banks *
and
fixtures

3,807
1,421
1,378
20,534
6,118
17,486

44,186
24,406
11,181
267,765
66,009
181,841

50,744

Keal
estate
owned
other
than
bank

2,863
2,290
2,347
31,150
12,748
18, 522

5,247
7,471
7,831
145,922
5,722
51,421

Investments
CusInterest,
and other
tomers'
assets indi- liability commissions,
rent, and
rectly repre- on acsenting bank ceptances other income
earned
premises or outstand- accrued or
but
other real
ing
not collected
estate
252
13
2,693
2,227
5,663
234

54
270
370
6

127
1,091

Other

Total
assets

253,694
145
237,071
351
134,626
307
9,072 3,086,269
540
455,979
6,182 1,212,966

595,388

69,920

223,614

11,082

646

2,149

16, 597 5,380,605

166,680 5,932, 371
320,460
22,010
676,870
42,638
2,691
80,562
9,251
196,055
4,638
51,845

245,526
39,357
75, 307
2,935
10,152
8,200

350,919
62,133
109,120
1,545
5,982
2,566

30, 313
4,189
22,026

44,886
190
122

70,121
5,156
4,536
346
619
364

62,163 20,053,544
3,537 1,448,618
19,044 3,181,680
75
265,408
3,108
656,205
181
187,794

7,032, 773 10,066,305 247,908 7,258,163

381,477

532,265

59,910

45,198

81,142

88,108 25,793,249

1,095
1,126
27
5
32
387
397
88
3,586
15

184
104
185
131
233
121
152
182
116
393
169
314
226

147,180
67,989
140,259
18,774
93,975
34,016
40,885
48,382
55,622
88,589
32, 521
118,975
75,743

61,026
32,982
122,860
18,226
29,920
31,473
29,967
47,076
52,116
52,387
22,376
57,393
30,225

5,616
4,663
8,577
2,111
4,570
3,912
2,972
4,295
4,814
6,085
1,916
5,334
3,656

66,409
55, 755
134,865
21,054
60,898
46,439
31,941
44,929
59,707
76,683
32,937
77,221
47,304

7,988
3,576
6,420
648
5,081
1,947
1,689
3,047
2,454
4,481
1,350
5,113
4,662

2,591
3,255
1,745
524
4,106
919
1,524
1,076
922
1,485
589
3,239
2,450

2,510

962,910

588,027

58,521

756,142

48,456

24,425

2,285

275
164
905
8
106
58
164
40
126
55
15
187
76

50
452
211

683
1,377
95
441
781
601
874
3,882
477
299
6,461
915

293,113
170,193
417,044
61,445
199,219
119,938
110,140
149,807
183, 236
230,257
92,003
273,978
165,574

2,179

17,816

2,465,947

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
Total United States (exclusive of
possessions)
Alaska
Guam
The Territory of Hawaii
Philippines
Puerto Rico _
_ American Samoa...
Total possessions.
Total United States and possessions

455
382
512
367
472
489
543
541

572, 339
179,872
308, 416
270,978
182, 763
132,389
251,049
290, 781

535,935
154,614
546,423
297,173
160,963
120, 502
104,907
318,270

39, 773
13,088
22,865
19, 261
10, 443
5,509
14,003
11,642

467, 933
136,342
525,355
259,012
124,574
54, 699
109,323
338,092

30,917
9,179
12,900
15,371
8,491
3,715
5,090
11,989

20,355
6,871
4,175
2,458
4,386
1,748
1,349
5,855

4,488
740
1,274
1,452
666
2
927
976

3,761

2,188,587

2,238, 787

136, 584

2,015,330

97,652

47,197

10,525

113
124
286
489
69
32
68
19
182

10,694
19, 438
37,543
86,529
19,445
9,735
21,927
5,897
24, 316

6,959
11, 403
17,169
47,693
22,342
3,104
16,544
3,293
16,114

790
908
1,584
3,781
1,655
568
1,810
495
1,509

9,047
11,467
23,280
51,988
25,846
7,589
26,872
4,464
20, 440

695
851
1,205
3,316
949
385
960
159
569

493
306
178
877
214
43
191
41
39

235,524

144,621

13,100

180,993

9,089

2,382

98
47
128
32
46
5
7

57,992
13, 237
573, 562
17,686
39,469
1,355
9,880

66,292
12,772
582,058
19,441
24,941
1,205
9,417

2,201
883
15,634
1,217
1,330
157
1,015

27,533
8,359
280,924
14,006
31, 597
928
9,368

1,330
331
25, 775
691
868
46
291

363

713,181

716,126

22, 437

372, 715

1,682,329
501,498
1, 427,243
868,027
493,533
319,247
486,873
980,389

572

7,018

16,887

6, 759,139

38
38
8
4
137

28, 767
44,494
81,070
195,194
70,634
21,445
68, 512
14,350
63,121

142
2
3

5

81
3

48
63
90
601
45
21
122
1
128

445

5

309

1,119

587, 587

216
221
15,466
46
176
* 6
376

1
26
90
6
301

100
3
3,960

471
30
2,499
2
5
4

55
18
1,679
202
167
2
188

156,191
35,880
1,501,647
53, 297
98,849
3,704
30,540

29, 332

16, 507

425

4,063

3,011

2,311

1,880,108

529, 294 11,178,731

89,647

50,695

95,808

635,926

846,390

11
2
1
11
18
13
1

4,360
386
326
33, 398
123,540
32,041
39

3,143
73
225
32,034
16,247
4,868
91

752
1,027
35
4,289
24, 589
6,289
11

2,504
213
22
17,678
35, 504
5,784
31

214
23
3
2,106
2,791
985
1

2
918
2,991
1,386
8

57

194,090

56,681

36,992

61, 736

6,123

566, 286 11,240,467

642,049

3

1

69

9,790

9,847

13,184,353 16,112,953

13,378,443 16,169,634

i Includes reserve balances and cash items in process of collection.




8,343
533
3,326
1,376
1,145
418
125
1,621

3
20
13
405
1

1,382

5
112

1,938
259
2,367
944
99
265
95
1,051

308

142,838 42,866,635

71
1
2
46
36
118
2

132
10,362
13
242
41,225
40,835

11,245
12,085
628
90, 711
247,156
99,906
183

92,809

461,914

435

233
7,165

5,374

435

7,398

276

851,764

90,082

58,093

96,084

235,647 43,328, 549

to
CO

TABLE N O .

49.—

and liabilities of all active banks other than national, June 29, 1940 (includes State (commercial), mutual savings,
and private banks)—Continued
LIABILITIES
[In thousands of dollars]

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
T o t a l Southern
States

Demand
deposits

Time
deposits
(including
postal
savings)

184, 246
34, 410
207,045
4,178
102, 308
10,113
409,464 2, 322,868
324, 967
67,952
859,176
211, 284

Other
deposits 1

AcceptBills payances
able, redis- Mortgages executed
or other
counts,
by or for
liens on
and other
Total
deposits liabilities bank prem- account of
reporting
ises and
for boron other banks and
rowed
real estate outstandmoney
ing

219,342
686
59
211,282
184
112,605
7,580 2,739,912
1,626
394, 545
2, 956 1.073.416

123
41
30
25
300
386

737, 401 4,000. 610 13, 091 4.751.102
10,583,180 7,085, 614 112,384 17,781,178
6,754 1, 283, 496
467, 511
809, 231
1, 274, 292 1,370,159 10,598 2, 655,049
2,947
142, 818
76,151
221, 916
1,456
237, 975
339, 278
578,709
774
89, 213
69, 623
159,610
12.794,989 9, 750,056 134,913 22,679,958
122, 656
252, 454
128,498
1,300
79,958
142, 706
61, 364
1,384
272, 232
370,672
92, 919
5,521
36, 754
52, 924
15, 962
208
107, 063
165, 662
57, 694
905
70,674
104,098
32,452
972
61, 805
94,500
32, 397
298
83,237
129, 663
46,102
324
113, 929
160, 941
46, 375
637
164, 359
195, 396
29, 726
1,311
57,931
79,080
20,060
1,089
141, 863
225, 056
79, 698
3,495
80, 458.
142,090
61,149
483
1,392, 919




704,396

17, 927 2,115,242

Interest,
discount,
rent, and
other income collected
but not
earne 1
87

Interest,
taxes,
and
Other
other ex- liabilipenses ac- ties
crued
and unpaid
407
169
361
5,807
806
1,680

Capital
stock 2

9,266
1,227
13, 688
37, 680
13, 380
22, 303

Reserves
and retirement
Undi- account for
Surplus vided preferred
profits stock and
capital
notes and
debentures
3,200 10, 327
16,164
7,242
1,306
2,083
182,078 105, 742
38,385
3,698
67, 651 33, 332

147

273
372
6

999
592
160

123
83
70
1, 983
3,222
1.099

905
7,027
1,437
1,323
20

147
81
50
359

651
52, 21 y
190
122

1,838
8,939
2,765
2,213
192
814
349

6,580
20,019
1,233
6,953
350
372
492

9,230
74, 314
2,788
7,856
210
1,029
333

97, 544
308, 784 162, 424
513, 452 L, 182, 953 293, 474
70, 240
63,620 10, 627
134, 278
273,459 42, 328
9, 985
19, 591
6,357
22, 692
29, 306 19, 536
10, 870
10, 222
4,647

9,807

490

15, 272

29, 419

86,530

761,517

5
91

1,838
87
1,544
34
773
76
82
134
221
103
12
382
637

010
260
888
43
636
49
65
165
205
212
45
358
207

1, 3V6
128
856
29
489
260
314
328
222
499
227
6,886
645

19, 827
13, 652
18, 261
4, 329
15,674
7,650
8,001
11,072
11,005
20,103
7,346
23,071
12,973

213

5,923

3,743

12, 259

172, 964

21
193
366
31
696
238
51
95
32
316
72
273
55

1
14

2,439

31

52, 531
3
9
90
6
9

4

1, 579,151 376. 969
4,151
10,045
3,138
8,435
5,856
14,820
1,241
2,515
3, 992
10, 054
1,485
5,190
2,695
3,609
1,461
5,810
2,812
6,296
4,286
7,891
1,898
2,685
3,550
12, 236
3, 278
4,529
94,115

39, 843

10,819
863
4,483
11, 770
679
12, 786
41. 400
119,888
12,172
57, 740
6,787
3, 747
1.271
201. 605
2,776
1,594
3,772
299
1,153
885
809
1,079
1,493
1,447
638
2,161
1.069
19,175

to

729,940
Ohio
246, 398
Indiana
-.
881,067
Illinois
338, 498
Michigan
172,168
Wisconsin
89,088
Minnesota
259,409
Iowa
664,745
Missouri
Total Middle Western States
. . . 3,381,313
14, 500
North Dakota
24,987
South Dakota
48,418
Nebraska
123,190
Kansas
43,881
Montana.
11,102
Wyoming
37,983
Colorado
9,840
New Mexico
42, 729
Oklahoma
Total Western States. 356,630
Washington
34, 699
14,142
Oregon . . .
491, 045
California
32, 757
Idaho . _ . . .
44, 771
Utah
2,140
Nevada
13, 855
Arizona
Total Pacific States.. 633,409
Total United States
(exclusive of possessions)
19,296,661

761, 762
193, 972
409,214
431,959
252, 924
194,375
174,645
198,348

10,715 1, 502,417
443,867
3,497
9,807 1,300,088
777,851
7,394
429, 509
4,417
285.879
2,416
438, 210
4,156
868,811
5,718

2,617,199

48,120 6, 046,632

2

4,650

103

9,675
13,115
19,812
42,826
19,031
7,363
22,006
2,895
11, 596

164
206
356
1,018
468
162
676
80
509

24,339
38, 308
68. 586
167,034
63. 380
18,627
60,665
12,815
54,834

148,319

3,639

508, 588

586

106,145
17, 683
815, 224
14. 639
41,435
1,120
13, 949

141,746
902
112
31,937
8,432 1,314, 701
303
47, 699
610
86,816
3,280
20
289
28,093

21
575
30
10

1, 010,195

10,668 1,654, 272

636

18,230,775 228.358 37,755,794

19, 023

7
112

47, 888
15, 245
30,158
21,014
10, 266
10,970
13, 020
24,660

15, 230
7,074
21,140
9,400
6,856
4,520
7,189
16J 754

6,846
2,452
22,331
5,492
6,967
1,928
3,616
3,681

655

8.778

9,270

12, 387

361,967

173, 221

88,163

53, 313

18
12
29
196
67
32
48

20
8
4
47
73
8
360
2
8

2
16
12
38
21
11
12
1
60

2,986
3 740
7,669
14, 804
4,008
1,472
3,277
810
4,191

945
1,098
2,695
8,568
1,850
867
2,400
357
2,405

329
970
1,599
3,642
946
229
1,281
158
1,370

121
260
361
532
289
193
464
202
189

5

421

530

173

42, 957

21,185

10, 524

2,611

329
21
4,965
71
60

57
2
1,595
72
62
1
54

1,331
61
36, 494
22
75

13

4,395

99.251
31, 750
48, 459
48, 831
39. 038
15, 234
23. 637
55, 767

4,287
2,188
6 a 215
2,310
6 177
225
1,073

6,111
799
39, 932
1,446
3 195
85
1,116

1,748
724
23,442
1,009
1 855
102
175

461
145
9,680
638
599
11
16

4,151

3
14

3.588
277
2,034
1,377
454
279
908
3,470

100
3
4,048

68

4,722
307
1,721
884
234
137
64
1,201

19

26
42
16

1,966
472
1,013
3,148
203
218
222
1, 536

5

87
12
60
28

5,459

1,843

37, 983

82,475

52, 684

29,055

11, 550

58, 206

37,691

51,385

158, 562 1,519,424 2, 229,140 706,978

329.654

308
223
2
3

7
82
115
333
6
5
45
7

778

9.796
73
315
107
610
4,596
5 127
417
Alaska
12, 050
35
25
10
2,940
9,075
Canal Zone (Panama).
11
6
109
398
35
25
329
69
10
34
Guam
5
160
4,605
75, 681
2,492
274
143
42, 977
The Territory of Hawaii... 32,544
1,566
5,940
5
3,701
147, 022
2,445
7,321
233
27 646
1,045
75,020
1,169
51, 563
1,968
69, 557
Philippines
5,488
1,221
78,163
1,888
3,474
923
877
6,343
260
8,140
30,321
105
45,954
400
Puerto Rico
_
1
1
147
25
5
95
51
4
1
American Samoa
5,036
323, 257
4,602
58, 212
8,373
Total possessions
9,022
37, 720
2,088
1,458
156, 278
162,377
13,158
3,590
Total United States
24, 059
216, 774 1, 557,144 2, 242, 298 710, 568
and possessions
52, 843
778
66, 579
39, 779
19,459,038 18,387,053 232,960 38,079,051
338,676
* Certified and cashiers' checks (including dividend checks), letters of credit and
* Includes capital notes and debentures. (See classification on pp. 250 and 251.)
travelers' checks sold for cash, and amounts due to reserve agents (transit account).




to

TABLE N O . 49.—.

and liabilities of all active banks other than national, June 29, 1940 {includes State {commercial), mutual savings, and
private banks)—Continued
[In thousands of dollars]
Loans and discounts

Location

Maine
New Hampshire
Vermont—
Massachusetts
Rhode Island
Connecticut
Total New England States.
New York
_
New Jersey
Pennsylvania..
Delaware
_
Maryland.
District of Columbia.
Total Eastern States
Virginia
_
West Virginia..
North Carolina..
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
_-.
Arkansas
Kentucky
_
Tennessee
_
Total Southern States




Commercial and
industrial
loans

Agricultural loans

12,199
988
3,950
50,789
16,859
44,141

762
16
833
809
90
569

362
32
90
28,242
2,975
5,446

128,926

3,079

37,147

1,239,252
57,138
193, 622
12, 512
21, 631

14,159
1,048
2,561
148
2,080

82,152
8,991
9,362
1,440
5,925
1,005

1,530,813
34,978
14,451
47,932
3,233
25,637
8,502
7,714
5,986
14,079
22,656
4,611
26,711
12,274

19,996
4,472
1,497
7,980
3,310
11,932
2,239
10,206
11,093
4,459
31,262
10,508
9,613
10,143

228, 764

118,714

Openmarket
paper

Loans to
brokers
and
dealers in
securities

Other loans
for the purpose of purchasing or
carrying
stocks,
bonds, and
other
securities

Real-estate loans

On farm
land

On residen- On other
tial proper- properties
ties

All
other
loans

Loans
to
banks

12, 526
8,192
5,802
94,982
21,252
34,270

24
1
5
35
4

158

177, 024

21,804
65
340

445,148
91,714
183, 706
16, 756
43, 668
22,695
803, 687
61,985
20,593
43,315
6,491
26,137
10,958
11,051
14,305
18,637
20,934
7,812
32,431
28,834
303,483

77
.
2,797
38
32
7
20

1,881
118
899
6,576
1,555
4,452

1,379
76
14,899
553
532
1,023

3,905

15, 481

18,462

1,608,291

58,828

262, 424

9,742
1,383
8,470
2,490
10,008
64
32,157

3,196, 276
205.772
228, 387
22,106

108,875

256,162
3,847
24,923
3,359
776
356
289,423

188,186
10, 111
48,664
6,944
7,456
1,063

110,224
49,084
48,178
4,947
26, 061
9,161
247,655

3,085
1,524
4,017
142
429
527
5
184
197
350
1,893
2,583
477

376
135
592
8
514
772
86
122
299
70
49
230
191

1,903
4,143
7,490
573
2,397
793
429
1,151
1,064
752
313
2,122
2,141

9,040
3,779
7,846
1,285
5,590
1,477
3,109
7,201
5,039
2,325
1,926
18,958
8,927

21
112
344

15,413

3,444

25,271

76,502

6,898
5,290
9,116
745
5,053
2,687
2,025
3,044
4,505
2,732
1,367
7,527
3,734
54,723

179
3,447
11

35,909
64, 721
32,271
1,019,480
77,651
378, 259

23,805
3, 712,634

24, 404
16,440
11, 618
2.970
16,044
6,050
6,234
4,833
7,282
7,293
4,005
18,596
8,840
134, 609

5,893
1,901
6,228
20,027
15,482
9,297

Overdrafts

10
115
"33"

22,209

120

10
13
142
65
873

2,900
18
25
9
17
122
11
26
417
61
205
24
62
117
1,114

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
Total United States (exclusive of
possessions)

26,870
21,095
13,148
13,513
21, 947
14,435
42,087
16,942

186,982
50,027
42,064
83, 337
37, 210
31,936
27,083
47,398

39,831
11, 957
6,209
20,803
14,807
3,638
6,435
18,895

80
264
116
186
71
9
269
210

176,710
39,521
66,044
65,340
30, 460
26,426
33,321
62,497

73
21
66
54
52
83
74
189

304, 763

55,557

13,161

48,157

170,037

506,037

122, 575

1,205

500,319

612

6,907
12,833
24,055
38,535
7,747
4,983
6,915
2,245
12, 245

81
37
478
1,189
1,292
61
301
112
135

714
1,264
3,796
9,160
676
438
528
151
955

572
1,332
934
7,050
1,830
1,344
2,012
456
931

215
461
273
1,752
465
423
568
254
269

25

6
126
10
5
13

16
158
218
665
1,232
126
914
60
124

1,194
1,795
4 964
12,993
3,493
1,380
4,298
845
6,419

16
21
32
80
40
21
6
1
79

116,465

3,686

160

3,513

17,682

16, 461

4,680

178

37,381

296

5,416
1,520
103,640
1,963
7,282
248
1,207

4,899
2,341
20,421
5,883
6,140
422
1,818

488
107
5,009
422
1,045

332
88
17,361
375
701
5
192

1,756
742
24,229
650
2,292
69
456

34,245
3,830
240,869
2,608
10, 742
190
4,105

2,365
1,668
90,302
1,420
4,348
259
886

18
18
175
15
10

8,451
2,794
68,851
4,300
6,589
155
1,153

22
17
324
46
64
7
3

41, 924

7,131

2,753

19, 054

30,194

296, 589

101, 248

236

92,293

483

2, 510, 965

604,941

227, 809

312,846

373,900

345,034

6, 274,621

589, 709

24, 859

1, 914,187

5,482

2 995
283
213
9,488
62,926
6,227
22

8
13

82,154

21

1,996, 341

5,503

13
31
8,961
28,416
15, 918
12

112
2,381
256

60

70
3,574
5,777

1

7
146

6

1,426
1,255

42
43

100
81
537

12
11
16,065
1,524

70
12, 946
10,007
1,453
5

424
1,173
605

53,351

Total possessions
States
-

12,084
2,004
10,270
8,372
6,024
596
1,210
7,597

1,357

Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa

Total United
sessions

3,370
59
6,974
572
214
7
228
1,737

121,276

_

3,544
6,131
25,059
8,354
4,518
1,403
4,910
1,638

954
1,537
2,780
14,833
2,660
954
6,372
1,773
3,159

.-_

Total Middle Western States.

13,936
22,909
49,013
16,954
20, 773
42,187
105,614
33,377

466,164

_ _

108,859
25,884
89,453
53,493
46,687
11,669
29,818
100,301

35,022

Ohio
Indiana
IllinoisMichigan
Wisconsin
Minnesota
Iowa
Missouri

and




9,421

2,682

85

724

17, 612

25,838

2,202

2, 564,316

614, 362

230,491

312,931

374, 624

362, 646

6, 300, 459

591,911

pos24,859

to
f

TABLE N O . 49.—Assets and liabilities of all active banks other than national, June 29, 1940 (includes State (commercial), mutual savings, and
private banks)—Continued
[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government

Location

U.S.
Govern- Reconment,
struc- Home
direct
tion Owners'
obligaFiLoan
tions
nance CorpoCorpo- ration
ration

Federal
Farm
Mortgage
Corporation

53,774
547
Maine
286 3,784
23,382 3,206 7,559
5,724
New Hampshire
_.
20,047
1,533
1,503
Vermont...
559
768,082 13,760 34,935 11,889
Massachusetts
102,384 5,635 10, 495 2,483
Rhode Island
198,717 4,884 17,837
4,338
Connecticut
Total New England
States
1,166,386 28,330 76,113 26, 514
New York
4,642, 722 483,662 403,987 178, 724
244,343 15,392 24,648
New Jersey
7,150
559,012 25, 554 72, 567 19,977
Pennsylvania
38,297 1,715 6,287
Delaware
958
154,216 1,710 9,458
Maryland
4,663
32,034
District of Columbia
_.
679
1,930
6,358
Total Eastern States 5,670,624 528, 712 523,305 213,402
Virginia
24,587 2,361 6,469
1,544
West Virginia
11,022
656
428 2,513
50,238 4,072 12,605 4,189
North Carolina
6,185
South Carolina
491
371
12,958
Georgia
585
1,134
1,028
11,881
Florida115 2,835
1,029
12,123
Alabama
18
392 2,535
Mississippi
5,506
182
942
739
Louisiana
14,616
125
650
322




Other
Government
corporations
and
agencies

Other bonds, notes, and debentures
Obligations of U. S. Government corporations and agencies, not
States
guaranteed by United
and
States
political
subdivisions
(includOther
Federal
ing war- Federal interme- Government
rants)
diate
land
corporacredit
banks
banks tions and
agencies

114,476
7,860
35,263

169
1,658
324
1,524
197
80

18,379 177,397
162,147 837,160
14,090 103,339
11,296 200,150
2,251
11,674
3,772
10,648
479
1,318
194,035 1,164,289
499
13.945
1,180
8,787
1,745
36,496
60
9,431
1,256
5,872
331
13,381
35
11,754
203
38,334
32
33,474

3,952
8,046
1,008
6,384
25
7,042
1,409
23,914
953
623
1,404
89
70
392
58
37
31

468
1,865
389
8,264
2,839
4,554

8,104

851
1,761
883
3,495
52, 568
15
1,997
2,412
56,992
65

194
.....

3
10
20
466
154
175

14,166
7,357
16,817
102
350
1,068
450
65
6,542
20
29
66
25
52

Other domestic corporations

Stocks of
Federal
Reserve Stocks
banks
of forForeign
and
corpoeignother
public domestic rations
and
corporaprivate
tions

Railroads

Public Indusutilities trials

All
other

15,615
22,752
2,725
215, 787
21,514
61,602

23,873
24,639
6,658
139, 903
25,081
54,217

2,674
1,240
159
4,710
3,121
2,198

5,239
7
473
3,506
592
520

4,965
8,392
2,259
2,739
3,391
31,085

6,454
16,529
3,451
62,266
34,079
42, 916

79
7
77
25
174

339,995
305,058
57,885
218, 590
13, 417
35, 782
2,359
633,091
2,602
1,913
1,296
341
1,707
571
1,224
93
259

274, 371
179, 223
45,105
148,393
20,854
23,949
2,382
419,906
1,467
930
199
488
1,132
326
353
65
162

14,102 10, 337
68, 429 70,020
13,239 8,213
73,999
3,643
904
10,352 3,881
1,011
434
170,673 99,840
2,472 1,445
837
1,461
447
766
240
149
679
802
88
77
100
719
384
155
520
133

52,831
25, 522
2,047
19,303
1,484
2,518
295
51,169
213
149
2
11
221
64
113
45
65

165, 695
148,071
18,275
93,101
4,233
5,934
1,146

5,158
289
244
2
40

270, 760

5,733

1,954
2,418
1,514
350
2,251
317
513
338
1,068

OO

Texas
Arkansas . _
Kentucky.
Tennessee
S
Total Southern States
S Ohio
^ Indiana
1 Illinois.. .
i Michigan
. _
i-1 Wisconsin
Minnesota. _ _ _
_
Iowa
...
i_i Missouri

"*

._

17,717
6,883
25,601
8,109
207,426
254, 656
77, 262
220. 684
133,219
51, 468
42, 483
45,128
137,098

Total Middle Western States. _.
961,998
3 647
North Dakota
4 229
South Dakota
10, 623
Nebraska
21,844
Kansas
11,875
Montana.
. _.. .
1,438
Wyoming
5,767
Colorado
1,515
New Mexico ._
5,095
Oklahoma
_
_
Total Western States- 66, 033
32, 325
Washington
._
5,334
Oregon
351, 306
California
8,440
Idaho ._
. ._
13,011
Utah
710
Nevada
.
.
3,755
Arizona
.. _.
Total Pacific States _. 414,881
Total United States
(exclusive of posses8,487, 348
sions)
1,385
Alaska
Canal Zone (Panama)
225
Guam..
. . -.
19, 625
3,694
The Territory of Hawaii .
Philippines
2,456
Puerto Rico
45
American Samoa
Total possessions
27, 430
Total United States
8, 514, 778
and possessions




205
408
435
145
9,079
17, 723
2,996
26, 292
6,684
2,329
680
1,519
4,971

3 679
2,245
1,868
1,237
37,060
46,891
8,960
16, 742
30,185
6,450
7,754
6,560
20, 288

1 149
273
2,689
594
17,118
13, 281
7,051
6,205
6,258
4,370
6,774
4,709
10,031

771
855
297
250
7,514
16, 282
5,209
11, 588
11,278
1,822
1,963
1,825
12, 212

24 739
10,207
13,483
16,110
236,013
81,468
22,992
149,939
71, 726
34, 381
40, 336
29, 386
62, 708

400
233
924
31
5,245
9,592
1,416
803
625
646
1,661
1,755
4,331

63,194 143, 830

58, 679

62,179

353
490
1,191
3,722
768
388
874
163
572
8,521

57
157
172
910
1,152
40
41
10
176

492, 936
1 927
5 308
3 181
16,169
4 066
855
5 172
925
9,672

20, 829

333
196
536
3,013
1,134
183
924
245
466

47. 275
12,841
5,011
136. 412
3,373
5,953
331
2,982

1,746

44
146
259
902
29
104
13
41
1,538
503
31
7,291
6
259
3
8,093

7,030
5,299
629
14, 685
3,109
2,028
55
1,777
27, 582

4,397
332
4,344
1,872
860
15
109
11,929

2,715
704
66
6.724
1,374
129
25
9,022

166,903

69
299
306
380
346
2
140
160
44
197
13
769
236
167
118
1,500

638,946 814,920 336,163

293,844 2, 284,813

57,186

429

7,035
8,073
2 199

17
3,912

112
276
288
286
8,870
1, 711
872
6,002
1,913
J,059
724
400
4,976

13, 632
28.819
7,300
32, 206
11,824
20, 233
7,043
4,377
9,332

9,407

17, 657

121,134

7

15
12
46
139
55
25
37

164
284
186
98
643
38
1 156
5
6
2,58C
2,860
146
16,937
281
184
68
219

100
319
230
2,258
1,103
718
2,788
836
33

7

4,464

10
339
114
7
3,955
12

250

4,714

4,088

31

71

95

31
102 •

429

638,946 815.022 336, 592

76, 873

17, 307

31
57, 217

95

636
181
2,377
229
10,157
22, 167
5,291
22, 535
7,899
14, 902
5, 025
3.677
8,275

96. 448
118
118
207
307
438
6
657
32
3
1,886

89, 771
107
132
178
174
385
31
654

2,289
427
13, 509
230
1,007
14
100
17, 576

3,073
465
6,275
183
490

3
1.664

30
10, 516

63
348
2,068
437
7,656
5,194
2,967
3,311
2,094
2,505
1,679
2.020
2,974

114
32
264
39
1,332
9,176
1,217
10, 509
2,336
3, 457
1,438
673
2,970

22, 744

31, 776

56
40
114
235
338
9
285
95
9

79
52
263
34
79
41
644

1,181
646
140
7,565
95
151
10
180

1,192
926
159
3,429
157
41

8,787

4,778

66

2,050
95
948
2,127

1

15,943
10,145
2,997
1,809
1,206
1,110
66
291
28, 575

5
5

1

H
O

46. 199
34
42
20
397
161
19
89
130
17
909

6

H

1

g

3
5

683
704
6

F

2
4

118
12
4,391
69
411
2
53
5,056

504, 562
158

^
O
-

6

i

w

6,117

O
CJ

33

U
S

31

KJ

7

118
1,424
46

142
828

1,401

3,188

1,043

1,551

64

72, 514 1,131,983 821, 218 298, 284 153, 733 144,121

506,113

6,181

872
76,873

20, 695

453
114
2,873
157
8,719
17, 722
7,366
35, 010
9, 090
16,198
2,875
2,570
5,617

71, 642 1,131,127 818,906 296,883 150, 545 143, 078
1.600
73
837
35

293,939 2, 302,120

298
126
2,958
244

819
20

1,654
629

17
856

29
2,312

1,394

)4^
CC

TABLE N O . 49.—Assets and liabilities of all active banks other than national, June 29, 1940 {includes State (commercial), mutual savings, and
private banks)—Continued
[In thousands of dollars]
Capital stock, capital
notes, and debentures

Demand deposits

Time deposits
Deposits of individuals, partnerships, and
corporations

Location

Maine.
NewT
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

Capital
notes
Preferred
and
deben- stock
tures

Common
stock

Individuals,
partnerships,
and
corporations

U.S.
Government

States Banks
and
in
political United
subdi- States
visions

Banks
in
foreign
countries

Savings

Deposits acCertifi- cumulated
cates for payof
ment of
deposit personal
loans

Christmas
savings Open
and
acsimilar counts
accounts

3,819
325
6,315
6,372
1,110
2,787

4,178
902
2,650
31,308
12, 270
19, 516

27,018
3,319
8,955
329,012
55,648
168,146

56
11,996
14
1,710

5,829
700
1,051
21,198
8,516
21,723

727
159
51
46,912
3,563
19,705

180, 254
205, 441
100,224
346 2,300,565
319,023
211
839,826

658
37
286
3,805
1,226
3,512

7
139
3
1,081
68
2,088

1,847
1,295
543
14,728
3,457
7,002

5,067

5,992

20,728

70,824

592,098

14,612

59,017

71,117

557 3,945,333

9,524

3,386

28,872

5,560

46,911
600

21,520
31, 574
19,124

Postal
savings 1

4,723

86
3,915
970
52,482
2,295
25
444
1,601
32
20
3,165




250

836

445,021 7,332, 480 127,465 246,911 2,472,119 404,205 6,506,269 20,192
144 776,272 3,117
366, 565 9,839 70,145 20,818
38,066
75 1,196,352 38,761
115,154 1,014,493 36,987 77,882 144,855
70,687 1,093
135,312
4,969
9,899
519
2,018
325,114 1,684
177,186 11,526 21,310 27, 939
18,777
22
63,362
86,468
2,502
9,650
211

636, 567 9,112,504 186,547 421,224 2,670, 251 404,463 8,938,056
100,764
22,614
88, 48' 1,733
9,77'
15,139
52,531
110
6,274
64,566
9,008
11, 357
62,515
131,861 2,240 46,895 91,236
3,545 14,691
12,294
99
30,083
509
3f
6,063
3,853
40,922
77, 723 2,440 10,373 16,527
14, 073
28,027
57,885
256
11,349
7,050
1,184
600
25,905
45,640 1,413
5,642
7,419
2,359
7,333
29,143
57,596
348 19, 740
5,553
4,345
6,695
31,308
72,684 2,891 31,298
7,044
2,520
8,465
12,705
6,200
136,999 1,702 19,458
16,938
13,174
5,524
5
43, 775
1,874
8,627
5,472
48, 519
104, 479 2,083 21,834 13,467
4,352
18,719
35,539
60,721
5,026
3,130
1,815 12,896
9,843

72, 468
4,688

452
10
559
457
152

64,869 13,313
7,314 8,804
165
6,426
13,863 5,733
2,635
12,352
844
889
462
5,225
274
15, 203
175
10,804
11,988 1,320
5,909
6
26,955
1,234
20,032 1,824

71, 560 379, 011
2,023 1,175
821
256
779
1,165
72
193
436
148
108
105
57
421
382
34
174
559
117
75
790
647
273
5

6,000

1,372
345
306
18
8,041
1,557
835
3,610
186
440
504
325
940
1,639
241
709
292
436

965
133
1,023
967
736
1,402

86
866

5,226

63

133
297

277 35,854 296,871
3,106 11,853 4,416
5,162 17,454 70, 743
1,766
316
23
1,711 4,050 4,181
3,034 2,033 1,034

States
Banks Banks
and
in
in
politiUnited foreign
cal
counsubdi- States
tries
visions

1,079

127

50,569
9,908
34,078

1,631

2,190
98,438
5,799
112
2,177
525
721
2,224
95
86
2,068
2,684
20
947

1,687

1,631
1,062
218
3,077
57
1,831
133
516
135
140
55
50
314
1,353

fcO

Total Southern
States
Ohio
Indiana

Illinois
Michigan
Wisconsin
HVIinnesota
Iowa
Missouri
Total Middle Western States
North Dakota
South Dakota
Nebraska
"K~a.r>sa.s
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western
States
Washington
Oregon
California
Idaho
Utah
_
Nevada
Arizona
Total Pacific StatesTotal United States
(exclusive of possessions)
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
___
Total possessions.. _

7,582
28,292
9,301
3,373
11,413
1,725
3,651

27,445
92
13,220
114
2,692
1,589

972,499
574,990
172,402
687,312
252,058
136,676
68,299
192,285
405, 596

17,135
13,989
3,229
10,896
4,300
2,004
254
1,572
13, 377

214,651
68,943
64, 564
47,381
65,483
24,303
18,920
59,140
42,408

188,577
71,667
6,203
134,937
16, 582
9,185
1,615
6,412
203,176

57
351

286,505 2,489,618

391,142
2,019
7,875
7,326
35,478
8,002
2,261
4,973
2,100
9,927

449,777

1,155

137,937
70,867
22,449
45,086
35,611
27, 511
13,509
20,945
50, 527

541
75

188

493, 345 139,595
676,124 40,234
146,794 41, 260
361, 436 30, 747
411,493 11,295
202,841 42, 691
131,653 55i 720
100, 787 71, 509
145,409 46, 592

20,841
11,109
572
4,168
999
41
306
905
1,132

6,453
2,932
2,268
1,827
2,967
1,795
231
554
1,590

4,362
7,530
921
4,038
374
694
7
211
1,336

11, 714
1,118
571
573
1,291
682
1,389
352
821

19,145
19,891
8
6,356
2,520
2,989
4,474
233
622

8,941
2,824
1,578
69
1,020
1,191
595
94
846

2,176,537 340,048
5,892
3,413
4 863 6,899
5,621 13,890
19,091 21,589
4,288
13,484
1,521
5,587
2,114
19,240
658
2,199
6,140
4,823

19, 232

14,164

15, 111

6,797

169

7

34

37,093
277
1,226
49
144
748
118
97
8
250

8,217

67
88
115
480
259
34
19
30
71

595

716

772

1,163

2,917

844

4
4
4,449

318
16
20,170
10
47

51
87
97
28
49
5
12
329

2
406
9,635

129
129
15, 531
110
75
5

1,400

15,979

1,400

29, 674 173,061 210,197

3,031

384
1,777
438
658
592
217
64

2,165
3 107
6,848
13,027
3,444
814
2,685
593
4,127

12,049
16 593
40,602
83, 364
31, 240
8,620
31,487
7,723
32,128

49, 621
13
128
105
1,352
71
12
2
15
86

4,160

36,810

263,806

1,784

79, 961

11,079

78, 321

62,991

884

15, 912
506
100
28

5,117
2,393
25, 666
8,763
7,347
886
2 903
53, 075

869
120
79,558
1,380
6,085
5
114
88,131

103,036
15,442
741, 592
12,557
38,400
1,001
13,489
925, 527

2,605
1,599
22, 350
1,934
2,525
85
367

16, 546

28, 404
11, 615
370,164
22,362
31,246
1,248
10,830
475,869

309
14
9,388
236
88
1

2,033

3,599
1,727
50, 303
1,804
5,193
197
1,073
63, 896

57,755
791
633
437
126

1,987

17, 707
30

688
461

10,036

419
391
385
2,996
4,568
209
1,521
2
588

6,269
16
5
8
6,298

31, 465

127,831 159,054 1,232, 539 13,906, 394 279, 735 1, 219,070 3,478,932 412, 530 16, 557,119 648,492
610

75
340
340

75

25
5,940
27, 571
3,134
25
37, 305

3,875
2,750
38
25,053
37, 215
29,838
32
98,801

122
6,190

2,421
8,733

698

432
3

132

31
6,571
10, 983
12,136
19

873
3,197
645

47
18,162
914

30, 438

5,150

19, 255

3,595
2,857
302
30, 962
41,070
16,955
95
95, 836

Includes U. S. Treasurer's time deposits—open account.




4
24
306
74
301

651
17
40
30

105

54
45

31

105

4,556

20, 592

57,472 126, 321 425, 408

180
14
5
10, 242

35
73
240
158
5
205
102

99

902
83
1

10,092
27,175
127
38,379

494

42

33

27
747
6,775
12, 623

987

216

20,172

42

62

84

90

987

493

Total United States
and possessions___ 128,171 159,129 1, 269, 844 14,005,195 288, 468 1,249, 508 3, 484,082 431, 785 16, 652,955 686,871
1

40
325
3
58

152

57, 966 127, 308 425, 560

29,890 193,233 210, 239

3,031

TABLE N O . 50.—

fcO
Or

and liabilities of active national banks, June 29', 1940

to

ASSETS
fin thousands of dollars]

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




Loans
and discounts
Number (includof banks ing rediscounts
and overdrafts)
37
52
41
125
12
52

41,187
32,859
28, 788
524, 388
46, 062
100,627

Investments

Balances
with
Currency
other
and coin
banks l

55,814
27, 894
19, 906
421,116
32,660
128, 506

2,961
2, 656
1,283
135, 636
3,064
8,040

41, 989
23,271
17,468
694, 064
42,007
116, 515

Real
Bank
estate
premises owned
owned,
other
furniture
than
and
bank
fixtures premises
1,605
2,104
975
32,985
702
10,972

Investments and
other assets
indirectly
representing bank
premises or
other real
estate

249
101
319
5,724
172
1,321

413
75
32
2,579
507
41

Interest,
commisCustomers' sions, rent,
and other
liability
income
on accept- earned or
ances out- accrued but
standing not collected

8,364
91
30

70
4
122
1,916
203
435

Other
assets

174
42
61
783
47
91

Total

144,462
89,006
68,954
1,828,555
125, 515
366, 578

319

773,911

685, 896

153, 640

49, 343

7,886

3,647

8,485

3,750

429
225
690
15

1,493, 607
259, 960
832, 308
8,807
68,994
56, 584

3, 348, 523
379,841
1,438, 977
7,296
181, 717
82, 049

43, 648
15,879
49,862
425
6,473
6,940

3, 363, 203
275, 956
1,163. 596
7,477
179,681
95, 214

104,499
25, 625
77, 703
751
4,967
7,212

15,157
11,931
28, 796
260
883
727

1,910
2,047
1,236
7
13

21,147
52
. 4,019
159
15

13, 648
1,953
5,346
12
704
108

1,431 2, 720, 260

5,438, 403

123, 227

5, 085,127

220, 757

57, 754

5, 213

25, 392

21, 771

168,439
69, 022
47, 005
38,845
137, 549
71, 306

108, 824
46, 569
26, 760
19,179
85, 357
126,442
69, 845
23, 341
132, 053
376, 632
32, 649
87,808
105, 957

8,279
4, 884
3, 277
2,808
4,768
7,761
5,302
2,053
5,165
22, 383
2,244
5,054
6,805

925
39
7

18

33,445
1,880
4,409
11, 084

2,685
2,336
523
116
757
, 1,179
3,749
915
1,265
5,041
446
904
1,997

238
4,749
58
57
277

921
235
50

422
55
68
49
282
753
428
17
1,053
556
135
354
680

915
376
162
381
632
401
1,044
155
1,021
1,150
145
193
496

440, 757
195,344
125, 829
112, 296
372, 336
382, 020
268,659
77, 703
417,112
1, 566,211
125,944
290, 218
477, 891

1,241,416

80, 783

100,877

21,913

8,916

1,499

4,852

7,071

4, 852, 320

130
78
43
21
52
52
66
24
29
446
50
95
71
1,157

20,890
99, 056
429, 607
35, 013
100, 958
167, 770
1,471,643

935,

314

141,157
66,880
45,482

134,167
165, 476
93,879
28, 617
169, 651
692,413
53, 374
90,481
182, 775
1,913, 350

9,093
5,183
2,543
1,915
8,750
7,434
6,737
1,715
6,689

23
1,268
1,275

217

11
,

2, 623,070

4,393
907
6,628
23
311
194

8,409, 735
974,151
3, 608,471
25,058
443,902
249, 043

12,456 13, 710, 360

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..- .. _
Total United States (exclusive of
possessions)
Alaska
_.
. _
_
The Territory of Hawaii
Virgin Islands of the United States
Total possessions
_ _ .
_
Total United States and possessions.._
1

244
125
329
82
103
188
106
85

794
575
6,949
1,488
1,317
1,857
142
271

1, 295,359
592, 875
4, 044,179
1, 019, 968
618, 485
833,476
276, 456
779,217

3,827

15, 610

13, 393

9,460,015

4
4
37

208
291
543
165
220
33
344
4
393

43
101
182
130
113
10
141
5
382

56, 091
66, 273
284,167
269, 642
91,143
54,353
311; 825
53, 921
462, 727

414, 957
223,125
1, 573, 227
420, 678
256, 213
271, 610
78, 971
243,245

22, 207
12, 741
52, 784
15,506
10,183
9,051
5, 016
10, 689

453, 706
205, 720
1,616, 990
383,916
228, 209
292, 389
77, 593
317.103

28, 377
10, 715
32,428
9,372
10, 633
9,117
5,723
4.957

2,637
580
5,438
596
1,295
585
228
2,299

5,044
18
1,562
190
287
4,909
24
556

698
14
2,697
14
30
153

1,262 2, 093, 786

3,482, 026

138,177

3, 575, 626

111, 322

13, 658

12, 590

47
41
135
182
43
26
78
22
209

17, 809
27, 690
87,856
77, 703
16,899
18, 547
69, 393
18,687
132,277

17,959
19,143
90,822
77, 085
31, 233
13,976
82,412
16, 221
116,270

929
1,191
3,148
3.900
2. 205
1,477
4,769
1.342
5,272

17, 231
16,115
95, 739
104, 228
38, 342
19,465
151,318
16, 788
198, 696

1,774
1,595
5,503
5,798
2,099
651
3,071
839
9,105

138
47
369
476
28
12
261
31
108

157
4
182
112

783

742

50

2,201

1,107

1, 650,142

27
33, 026

141
68
2,871

525
188
3,744
31
22
14
123

501.683
327,159
3,437. 219
57, 839
82,677
43, 253
70, 570

4,647

4, 520,400

466,861

465,121

24, 233

657, 922

30, 435

1,470

44
168, 307
93, 514
27
99 1,288,550
18
17,129
13
24, 858
13,132
6
24, 307

153, 088
117,487
1, 224, 245
20,474
23, 248
13.407
16,980

9,309
6,591
34.450
1,375
759
1,091
1,694

160, 685
101, 925
762, 876
17, 778
30, 760
14, 660
25, 653

8,317
6,462
63, 096
1,044
1,738
780
1,460

739
135
15, 664
6
116
13
156

212 1, 629, 797

1. 568, 929

55, 269

1,114. 337

82, 897

5,164 9,156, 258

12, 881, 791

575, 329

13, 281, 676

2,001
21, 088
395

863
5,944
167

2,741
9,943
441

100
5

187

1,175
6
50

4

572
762
8,697
2
1
150
143

16, 829

34, 284

3,084

10, 327

595, 631

119, 510

65, 392

42, 337

58, 511

166
1,442
12

2
2

146
15

4
1
1

2,932
19, 456
581

6

22, 969

23, 484

6,974

13,125

1,620

5

5,170 9,179, 227

12,905, 275

582, 303

13, 294, 801

597, 251

119,515

Includes reserve balances and cash items in process of collection.




221

1,527
563
6,884
2,115
1,058
1,870
442
1,151

365,412
138,824
745, 220
186, 093
109, 260
241, 935
108, 317
198,725

3
2
65, 392

161

42, 339

58, 672

39, 872 36,816, 307
138
294
1

8,843
58, 315
1,615

433.

68, 773

40, 305 36, 885, 080

to

TABLE NO. 50.—Assets and liabilities of active national banks, June 29, 1940—Continued

Or

LIABILITIES
[In thousands of dollars]

Demand
deposits

Location

Maine
_
New Hampshire
Vermont
_ -_
Massachusetts
Rhode Island
.__--_
C onnecticut __
Total New England States

Time
deposits Other
(includde- l
ing
postal posits
savings)

Total
deposits

Bills
payable,
rediscounts,
and other
liabilities
for borrowed
money

56,308
48,542
21,558
1, 365,962
89,427
225,421

68,597
23,894
36, 274
225, 283
17,883
91,143

840
1,682
685
13,754
649
5,750

125, 745
74,118
58,517
1,604,999
107,959
322,314

87
75
25
567

1,807, 218

Mortgages or
other
liens on
bank
premises
and on
other real
estate

Acceptances
executed
by or for
account
of reporting banks
and outstanding

Interest, Interest,
discount, taxes,
rent, and and other
other in- expenses
come col- accrued
lected
and
but not unpaid
earned

Other
liabilities

Capital
stock 2

132
107
72
2,191
141
732

138
101
64
7,222
170
408

8,434
6,159
5,108
73,891
7,495
21,328

9,023

3,438

3,375

8,103

122,415

122,205

42, 567

17,488

24, 745
52
6,341
159
15

6.996
1,518
1,861
2
123
147

9,166 155, 217
396
718
3,523
5,703
35
5
328
305
2,235
280

278, 230
58,837
165,433
1,751
13, 687
8,700

312,839
28,193
191,926
2,628
11,055
6,820

84,986
12,611
61, 309
646
5,310
4.815

32.002
7,507
29,227
288
1,880
963

16,177 161, 734

526,638

553,461 169,677

71,867

17,434
8,147
4,707
2,835
9,991
10, 843
9,216
2,782
9,264
49,263
4.337
12,528
13,843

7,068
2,971
1,961
1,456
4,341
2,958
3,872
613
5,654
25,955
2,542
3,902
7,137

2,598
1,332
906
593
3,118
1,747
1,955
348
2,560
7,542
557
1,173
1,681

155,190

70,430

26,110

463, 074

23,360

2,293, 652

804

77, 637
8,426
14,608
175
1,149
1,966

7, 504,949
864,319
3,142,952
19, 703
411,055
225,068

589

2, 562, 703 103,961 12,168,046

785

16

31,312

10,647

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

226.845
102,391
78,151
80, 713
264,178
287, 739
158,091
43, 704
308, 634
1,184,457
83,274
180,642
305,449

156,447
66,199
31,267
19, 743
69,764
59,995
73, 645
25,216
72,502
203,800
27,900
70,316
121,365

4,100
1,930
1,741
1,106
1,354
2,553
1,995
290
1,580
17,253
656
6,934
2,974

387,392
170, 520
111, 159
101,562
335,296
350,287
233,731
69.210
382,716
1.405.510
111, 830
257,892
429,788

41

5

18

8
5

2
5
51

81

217

20
364
15
135
50

1

1.209
235
50

535
166
275
147
1,195
346
364
21
515
717
144
405
806

367
243
126
79
238
257
371
135
377
2,692
110
422
497

570
146
43
44
688
374
165
23
759
1,051
137
241
231

3,304,268

998,159

44,466

4,346,893

792

19

1,787

5,636

5,914

4,472

Total Southern States




-

3,152
2,833
1,601
28,793
1,752
4,436

8,882
111
30

50

803, 671
6, 623, 641
437,163
418,730
1,966.618 1,161, 726
8,904
10, 624
101,997
307,909
49,242
173.860

-

5,887
4,884
2,717
86,330
7,518
14,869

62
28
76
2,556
153
563

New York
New Jersey
__ _
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States

9, 501,382

Reserves
and reUndi- tireSurplus vided ment
profits account
for preferred
stock

16

196

50
36

24,729
11,819
6,642
5,525
17, 377
15,208
18,687
4,571
14,038 .
72,881
6,272
13,520
23,808
235,077

825
701
774
13,124
216
1,848

Ohio
Indiana
Illinois
Michigan
"Wisconsin
Minnesota
Iowa
Missouri

_-

--

__

749, 783
370, 578
3,000,261
665, 895
347, 502
531, 759
183,209
600,385

388,411 12,159 1,150,353
161,470 5,426
537,474
712,006 22, 525 3,734, 792
271,864 6,067
943,826
205,542 6,232
559,276
209,227 9,194
750,180
65,357 1,687
250,253
113,.577 4,282
718,244

Total Middle Western States._ 6,449,372 2,127,454
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma

,

Total Western States

29,634
40,808
207,703
200,522
57,643
31,720
204,858
38,274
333,553
1,144,715

67, 572 8,644,398

1

1

232

832
502
2,152
619
318
3,522
358
515

2,084
674
7,806
1,030
718
1,614
183
760

764
459
1,847
655
598
2,778
35
866

74,052
24, 596
130,251
36, 351
32,292
37,238
12,849
27,948

4,091

8,818

14,869

8,002

375, 577

4
4
37

84
107
222
216
82
110
160
13
289

89
116
250
229
123
6
694
2
479

2
12
148
182
1
63
50
4
201

3,549
4,317
14, 573
15,050
4,561
2,555
10,884
2,080
24,301

1,643
1,265
8,734
8,025
2,294
1,914
9,303
1,391
15,549

674
890
2,792
4,611
1,534
1,239
5,375
245
8,681

155
400
2,676
763
234
220
3,107
481
2,254

50

1,283

1,988

663

81,870

50,118

26,041

10,290

15

162
69
4,141

4

928
617
9,304
19
102
113
457

545
633
5,823
59
131
25
136

542
153
5,376
19
43
308
19

22,262
9,080
147,930
2,695
3,823
960
2,522

10,117
7,440
110,010
1,170
2,279
740
1,287

6,401
4,643
34,216
877
1,492
1,210
766

3,954
3,109
26,696
271
671
52
609

4,376

11,540

7,352

6,460

189,272

133,043

49,605

35,362

50,639

41, 362

49,675 189,434 1, 530, 849 1,247, 556 467,955

222,096

35
56
106

16,110
75,077
10,740
72,281

412
737
2,475
2,042
886
366
2,255
687
5,076

49,895
59,045
254, 606
240,500
82,307
48,196
282,190
49,701
410,910

40
161
66
7
50
58

317,699

408

19,849
17,500
44,428
37,936
23, 778

712
14
2,936
14
30
153

15

81
5

26

14,936

1,477,350

316,728 136,140 3,904
187,281 110,952 3,182
1, 515,277 1,541,203 37,228
287
36,345
16,097
353
51, 780
22,003
500
23, 780
15, 565
1,074
47,602
16,094

456,772
301,415
3,093,708
52,729
74,136
39,845
64,770

2,178, 793 1,858,054 46,528

4,083,375

Total United States (exclusive
24,385, 748 8,327,143 300,823 33,013,714
of possessions)

2,910

81

15

Washington..
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States

Alaska
The Territory of Hawaii
Virgin Islands of the United States..
Total possessions

117

5,332
25,897
426

2,511
24,474
951

99
1,003

7,942
51,374
1,377

2

14

31,655

27,936

1,102

60, 693

2

14

50,641

41, 376

Total United States and pos24,417,403 8,355,079 301, 925 33,074,407
sessions

2,910

117

40,035
15,974
97, 356
18,726
11,952
25,450
7,472
16, 574

16,177
8,530
38,493
12,681
8,897
8,933
3,490
12,434

10,335
4,652
28,545
6,066
4,404
3,608
1,781
1,588

233, 539 109, 635

60,979

65
1

8
1
4

300
3,350
150

450
1,935
20

68
165
15

75
1,409
48

66

13

3,800

2,405

248

1,532

49,741 189,447 1, 534, 649 1, 249,961 468, 203 223, 628

1 Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit accounts).
2 See classification on pp. 260 and 261.




to

TABLE NO. 50.—Assets and liabilities of active national banks, June 29, 1940—Continued
[In thousands of dollars]
Loans and discounts 1

CommerAgriculcial and
industrial tural loans
loans

Location

Maine
. _
New Hampshire
Vermont Massachusetts--- - Rhode Island
C onnecticut
Total New England States-

12,288
11,655
8,207
263, 551
20,497
29, 604

Total Southern States




1,149
936
2,341
1,570
17
1,259

5,670
3,580
950
53,891
5,524
5,945

Real-estate loans

On farm
land

On residen- On other
tial proper- properties
ties
6,515

10, 505
199
141

741
1,163
1,471
11, 642
2,118
11, 875

543
572
1,589
761
115
551

4,669
7,793
36, 894
3,844
18,338

2,088
1,400
1,087
28,197
812
5,470

193
228

Loans to
banks

100
55
308
300
40

All other
loans

11,898
8,596
5,343
116,987
12,635
27, 386

Overdrafts

2
5
7
82
1
18

345,802

75, 560

11, 266

29,010

4,131

78,053

39, 054

803

182,845

115

17, 283
5,295
16,900
474
2,276
2

55, 226
8,187
38, 751
27
2,335

96, 302
1,223
6,818
80
391
417

96, 327
7,195
47, 531
677
5,361
1,439

7,650
3,271
19,491
1,149
3,682
37

76,121
83,557
145, 899
1,428
10,807
11,607

38, 231
19, 612
56,160
593
3,366
4,052

10, 919

10
6

279, 980
71,451
223, 748
1,634
20,030
14,151

1,238
46
36
1
10
18

1,198, 674

_ _

7,272

814,330
60,123
275,896
2,744
20, 726
24, 855

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

Open-market paper

Other loans
for the purLoans to pose of purbrokers and chasing or
carrying
dealers in
securities stocks, bonds,
and other
securities

42, 230

104,526

105, 231

158, 530

35, 280

329,419

122, 014

12,013

610, 994

1,349

47, 481
17, 308
17, 531
17, 252
61, 088
32, 880
29, 811
5,066
39,900
198, 676
8,545
30,908
61,422

10,467
1,545
2,938
3,111
5,897
1,711
11, 804
2,703
12,126
74, 282
8.344
7,237
25,803

1,294
1,122
182
240

4,202
1,830
2,057
648
7,932
954
889
593
1,559
15, 614
714
3,748
4,925

7,642
1,901
1,192
581
2,012
1,337
2,281
1,493
1,810
9,242
1,675
5,603
3,689

24,657
16, 251
2,592
2,024
7,014
7,736
5,924
2,424
6,196
15,657
2,163
8,305
9,426

10,143
6,092
1,855
2,075
5,691
5,491
4,752
1,698
5,301
15,103
1,902
7,422
5,086

131

1,488
2,717
720
4,128
3,285

1,057
20
128
334
1,534
1,753
1,001
172
745
2,464
274
768
1,523

25
23
501
341
44
32
340
708
10
165
364

61, 337
22, 939
18,496
12, 552
45,807
17, 232
27, 545
6,693
29,518
94,404
10, 632
32, 591
52,157

28
14
g
5
73
10
50
16
73
740
34
83
90

567,868

167, 968

19,119

11, 773

45, 665

40, 458

110,369

72,611

2,684

431,903

1,225

1,861
2,082

1,078

129
79
92
890

97, 516
22, 772
91,032
40, 977
21, 503
80,687
16,683
45,687

63
29
163
50
24
130
47
50

2,609

416,857

556

14,628
9,359
51,911
3,190
4,290
28, 458
39, 948
22, 261

3,846
9,355
19,889
4,528
4,607
4,394
5,537
13, 280

5,036
540
16, 944
3,883
70
791
292
2,530

13, 444
2,738
64, 766
7,408
2,569
7,982
992
7,747

14, 578
5,471
10,901
2,339
3,446
5,691
7,248
3,834

74,141
32,615
51, 264
42, 558
17,046
16, 829
7,783
15, 902

16,870
7,425
15 099
14,980
7,188
3,433
3,331
7,960

1,171
147
101

— —

124,119
48, 373
423,150
66,180
48,388
93, 461
26, 364
78,584

Total Middle Western States

908,619

174,045

65, 436

30,086

107,646

53, 508

258,138

76, 286

4,113
4,733
25, 824
22,050
3,559
3,185
23, 234
5,398
62, 755

4,060
10, 241
31,195
23,685
5,141
8,300
15,079
5,510
24,016

1,285
870
3,331
5,057
1,893
207
2,991
628
3,102

1
149
600
7
5
674
289

147
530
2,067
767
406
550
2,270
337
2,224

640
857
4,583
4,822
364
553
1,932
393
3,399

1,783
2,929
2,670
4,465
1,087
1,259
7,564
2,583
6,000

632
1,347
2,476
1,281
465
508
2,901
1,040
2,802

154,851

127, 227

19, 364

1,725

9,298

17, 543

30, 340

13, 452

86, 240
33,654
284,974
3,641
7,787
2,120
3,851

13,082
10,292
62,012
5,007
3,445
1,168
7,596

2,239
707
8,893
565
273
10
405

662
453
7,197
2
249
6

4,414
720
32, 540
245
798
446
709

3,505
1,363
76,167
724
728
311
413

15,896
6,364
429, 783
2,954
4,595
4,277
4,267

5,818
4,553
145, 484
1,095
2,380
1 786
385

422,267

102,602

13,092

8,569

39,872

83, 211

468,136

3, 598,081

621,344

297,097

168,650

390,021

234,131

1, 274,455

1,169
4,735
87

12
153
7

120
250

219
106

1,122
6,656
236

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri.-

North Dakota
South Dakota
Nebraska
Kansas
M^ontana
Wyoming
Colorado
New Mexico
Oklahoma

_______
_ _
_

_

__
_
_ _ _ _
____

-_
_ _ _

.

Total Western States
Washington
Oregon
California
Idaho _ _
Utah
Nevada
Arizona
____

_ _
_

_

-

-___.

Total Pacific States
Total United States (exclusive of
possessions)
Alaska ___ _ _
____
The Territory of Hawaii
Virgin Islands of the United States
Total possessions
Total United States and possessions. -

5,991

172

370

3,604,072

621, 516

297, 467

18

66

5 132
6,147
15, 323
14,810
3 961
3,959
12,673
2,779
27, 549

17
23
58
60
16
21
26
19
75

413

92, 333

315

188
20
5

36, 294
35, 321
239,683
2,862
4,534
2 995
6,662

157
87
1,629
14
64
19
13

161, 501

213

328, 351

1,983

484, 918

18, 735

2,063,283

5,543

482
6,538
31

9
10

49

895
114

18
168,650

12
180
106

325

8,014

234,456

1, 282,469

485, 927

7,051

1,009

390,039

18, 735

19

2,070,334

5,562

Figures revised since publication of Abstract of Reports of Condition, No. 203.




to

TABLE NO. 50.—Assets and liabilities of active national banks, June 29, 1940—Continued

Or

[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government

Location

ObligaU.S.
tions of
Govern- ReconOther States
ment
Home Federal
ernstruc- Owners' Farm Gov< and politdirect
ment ical subtion
Mort- corpo- divisions
obliga- Finance Loan
gage rations (including
tions
Corpo- Corpo- Corpo- and warrants)
ration ration ration agencies

24,398
788
Maine
12,024
401
New Hampshire6,663
81
Vermont
267,649 15, 560
Massachusetts
16,306
986
Rhode Island
61, 502 4,689
Connecticut
Total New England States. _ 388,542 22,505
New York
1,851,322 126,411
197, 229
6,138
New Jersey
791, 275 11,863
Pennsylvania
1,517
67
Delaware.
150,298
603
Maryland
51,273
2,742
District of Columbia

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




Other bonds, notes, and debentures

7,417
789
1,149
6,074
2,805
3,925

1,645
447
495
2,741
431

313
87
66
11,231
1,708
4,570

U. S. Government corporations and agencies,
not guaranteed by
United States

Other
Federal GovernFederal inter- ment Rail- Public Indusland mediate corpobanks credit rations roads utilities trials
banks and
agencies

3,749
3,023
3,204
44, 582
2,344
33,033

306
169
126
2,207
104
364

65
6,011
791
1,278

22,159

6,743

17,975

89,935

3,276

8,205

433,212
28,819
69, 492
211
4,500
12,013

16,879
5,346
11, 630
34
1,510
40

42, 758
5,582
13,375
32
1,518
1,912

404,840
56,222
134,018
834
5,190
1,553

2,123
2,313
8,233
39
1,279
1,308

27, 269
1,147
197

3,042,914 147,824

548,247

35,439

65,177

602, 657

15, 295

29, 558

1,914
854
30
182
5,356
1,015
1,386
22
6,241
9,466
295

6,970

3,390
1,944
815
616
7,813

1,475
713
180
245
3,138
654

957
4,207
268

9,082
9, 795
665

16, 336
7,450
11, 255
7,427
20,217
25, 546
30, 538
16, 713
29,395
95,282
16,438

1,361
650
440
130
189
922
126
189
20
3,454
211

62,617
18,932
10,725

7,816
33,010
62, 785
21,251
4,517
59,047
202,666
9,338

2,490
991
5,141
16,987
5,297
431
18,067
26,450
1,823

Other domestic corporations

860
85

50
526
3,585
906
1,522
3,852

91
55
42
3,828
229
1,934

5,327
3,850
2,495
16,980
2,410
6,645

All
other

Stock of
Federal
Reserve
banks
Forand
eignother
public
doand
mestic
private corporations

Stocks
of
foreign
corporations

7,084
3,178
2,516
17,269
2,689
3,995

2,060
1,383
1,560
7,490
695
1,927

498
668
128
2,108
117
940

1,590
1,277
998
5,327
463
1,243

6,179 37, 707 36, 731
21, 529 113,377 54,006
4,181 30,136 18,663
4,152 146,313 109,286
1,219
1,893
2
3,858
298
1,663
5,109
1,439

15,115
91,014
14,932
88,303
912
3,445
944

4,459
37,451
1,374
8,825
57
416

10,898
40,293
3,785
22,058
299
725
582

85,934
3,973
19,905
180
827
716

105
1
52

35,271 299,546 188,695 199, 550

48, 792

67, 742

111, 535

161

3,952
2,600
96
45
1,116
2,269
2,254
132
658
5,479
705

1,156
217
24
104
218
580
536
161
640
2,831
259

676
459

2,476
1,217
419
276
1,216
921
1,203
399
1,328
5,418
465

1

583
426
68
67
3,644
2,097
603
10
2,734
1,350
37

2,702
175
649
3,668
2,609
1,890
428
1,169
2,537
1,077

2,235
1,663
43
91
858
1,135
816
203
591
3,428
812

14
111
203
137
37
602
416
256

548
483
316
11,619
581
1,477
15, 024

2
440
1
443

3,208
2,000

3,791
1,547

2,663
3,369

562
305

476
415

1,072
2,594

14, 577

25, 794

17, 213

25, 338

7,593

3,802

19,004

3

22,005
9 854
22, 732
9 079
11, 382
8,211
1,611
6,038

14,377
7,658
23,269
5, 254
17, 432
3,344
1,543
5,471

16, 355
5 461
30, 627
6 816
22 526
5,110
1,338
3,619

1,686
2 446
3,051
321
1 432
911
908
1,209

5,210
1 935
6,643
2 961
4 292
1, 795
466
1,115

4/922
1 379
28,366
2 087
1 797
2,102
627
7,604

12

1,653
151
1,187

2,433
805
7,035
8 037
687
2,161
270
4,470

27, 815

25, 898

90, 912

78, 348

91,852

11,964

24,417

48, 884

835
260
15

105
7
890
384
30
10
151
15
725

490
569
2,349
468
822
324
4 142
62
755

323
229
1,206
388
604
152
2, 740
136
508

519
279
2,167
397
692
166
2 903
114
1,149

90
13
446
100
40
56
274
24
81

95
54
415
355
803
136
1 196
53
307

161
169
729
706
207
147
704
106
1,247

47, 316
39, 704

1,475
3,524

6,410
6, 948

2,515
769

1,257
5,914

12,480
34,088

1,561
1,261

2,696
887

326
2,632

579, 724

31, 760

104, 697

30,178

34,030

323,165

10, 514

14,024

179, 368
Ohio
132, 577
Indiana
1,128, 558
Illinois
_ _
214, 372
Michigan
151, 276
Wisconsin _
_
169, 356
Minnesota _
_
27, 495
Iowa
127, 762
Missouri
Total Middle Western
States
2,130, 764
North Dakota
8,730
8,169
South Dakota... _
_
50, 111
Nebraksa
31, 395
Kansas
_ _ _
_
19, 283
Montana
7,074
Wyoming _
__
50, 364
Colorado
9,529
New Mexico
_
37, 352
Oklahoma
Total Western States
222,007
Washington.
_. 101, 397
70, 590
Oregon
California ___
_ . 627, 423
14, 540
Idaho
12,043
Utah
7,106
Nevada
6,600
Arizona
839, 699
Total Pacific States
Total United States (exclusive of possessions). _ . 7, 203, 650
Alaska
1,271
14, 955
The Territory of Hawaii
Virgin Islands of the United
14
States
Total possessions
.
16, 240
Total United States and
possessions
7, 219, 890

16,958
5,780
83, 699
4,925
1,873
6,474
2,233
9,071

27, 730
10, 625
29,615
40 568
14, 611
9,200
6,886
19, 927

11, 281
4,748
16, 320
41, 808
2,878
6,392
2,677
16,980

7,440
3,000
22,019
21, 363
1,657
6,569
2,108
5,607

92, 457
32,600
146, 763
48, 332

1,801
215
8,368
14,440

46,024
30,089
31,382

10, 922
4 042
16,147
315
485
2,305
569
1,803

159,162 103,084

Kentucky
_ _.
_
Tennessee
Total Southern States




15
3

69, 763

451, 532

36, 588

526
883
716
5,143
1,232
528
3,352
562
3,772

1,155
1,041
5,184
7,421
872
413
1,303
1,264
5,440

1, 592
612
4,858
3,291
1,025
475
1,361
553
5,418

267
326
648
3,285
443
704
1,143
86
3,246

3,796
6,715
17, 986
20, 342
4,668
3,470
11,091
3,028
55,121

110
77
2,137
942
512
321
853
429
1,134

16, 714

24, 093

19,185

10,148

126, 217

6,515

4,558

2,317

9,981

6,286

8,386

1,124

3,414

4,176

3,156
2,604
9.691
113
688

2,522
7,666
38, 878
431
1,791
1,490
308

1,729
4,286
6,932
45
305
17
174

28.487
15, 322
276, 799
3,496
3,270
2,454
2,026

774
84
4, 232
66
300

1,993
2,982

1,321
1,420
5,703
57

2,333

398

2,148
1,024
14, 340
142
381
131
110

926
503
9,965
61
185
66
89

1,000
70
6,488
99
285

113

2,331
1,886
13, 778
171
403
238
219

340
1,877
6, 603
95

735

3,645
9,660
184, 571
1,040
3,388
1,401
3,494

452
243

23

1,286
495
15, 689
118
209
52
115

16, 987

207,199

53, 086

13, 488

331, 854

5,569

7,308

8,899

19,026

18, 276

11, 795

9,610

7,965

17,964

204

366, 803 1,065, 557 247, 715 210, 581 1, 925, 360

77, 757

91,468

83, 542 118,238

216, 587

841

131,013

93,141 482, 966 345, 549 352,036

34

8

161
2,767
64

102

43

5

34

2,992

1,568

972

900

525
113
8

980
2,468

638

366,811 1.066,195 247, 715 210, 615 1, 928, 352

116
1,350

77, 757

91,468

264
665

91
804

93,141 484, 534 346, 521 352, 936

30

33
171

2
22

4

50

4

104

24

83, 546 118, 342

216,611

54

841

TABLE NO. 50.—Assets and liabilities of active national banks, June 29', 1940—Continued

to

s

[In thousands of dollars]
Capital stock

T i m 3 deposits

Demand deposits

Deposits

Common stock
Location

Maine
New Hampshire ._ ___
Vermont
M assachusetts
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
MississiDDi

Louisiana
Texas
Arkansas
Kentucky
Tennessee

Preferred
stock

Unimpaired

1,354
866
679
4,780
396
4,281

7,080
5,293
4,429
69, 111
7,099
17,047

Par
value

7,080
5,293
4,435
69,168
7,099
17,047

Individuals,
partnerships, and
corporations

Government

43,224
37,250
18,783
928,061
76 764
179,830

301
582
303
11,604
472
3,688

U. S.

12, 356

110,059

20,518
22, 463
15, 439
86
2,506
1,000

257, 712
36, 374
149, 994
1,665
11,181
7,700

110,122 1, 283, 912
259,154 4, 454,177
37,027
308, 838
150,049 1,241,615
1,671
9,569
159,066
11,181
140,460
7,700

62,012
1,192
1,304
372
934
826
349
4,385
1,611
3,216
9,603
896
2,247
5,626

464, 626
23, 537
10, 515
6,270
4 591
16, 551
14,859
14,302
2,960
10,822
63,278
5,376
11, 273
18,182

466, 782 6, 313, 725 129, 593
3,766
23, 537
155,086
2,394
79, 228
10, 515
694
57, 658
6,270
4,591
54,486
548
151,146 12, 890
16, 551
8,487
14,859
170,960
14,302
106, 299
5,020
1,324
2,960
29,112
10,822
163,772 14,639
63, 278
775, 655 34, 279
50, 594
873
5,376
113,652
2,834
11, 273
18,182
153,838 15, 427




16, 950
29, 013
10, 795
64,319
275
23, 897
1,294

States
and
Banks
political
in
subUnited
divisions States

3,740
5,422
1,480
74, 645
2,782
22,006

9,036
5,288
992
338,396
9,339
19,897

Banks
in
foreign
countries Savings

7
13,256
70

110,075 382,948 13,333
261, 565 1, 575,562 303,324
17,218
8
81,871
99,698 556,169
4,817
604
176
157
29, 266
95, 523
31, 624
267
215

of individuals, partnerships, and
corporations
Deposits
ChristCertifi- accumumas
lated for
cates
savings
payment
of
and
of
deposit
personal similar
accounts
loans

Open
accounts

Postal
sav- 1
ings

65,032
21,358
35,058
210, 736
14,194
82, 473

1,998
848
302
6,471
3,256
1,858

12
82
191
1,389

428, 851
692, 696
404, 891
884, 647
8,258
88,636
43, 812

14, 733

2,388
• 6,306
1,810
5,460
4
88
251

5.721
5,698
7,012 43, 973
3,246
8,776
13,279 100, 514
5
56
4,212
734
1,192
1,780

600
3,000
6,513
135
776
201

13.919

31,049 153, 730
1,752
1,863
691
275
338
150
18
626
1,806
833
422
1,181
845
1,123
287
1,137
2,794
869
191
403
868
180
159
1,018

11,225
869
757
168
17
1,122
80
1,027
680
720
1,767
113
356
922

22, 349
3,728
73, 436
336
2,954
1,541

472, 791 2, 276, 700 308, 573 2,122,940 104,344
6,692
15,990
52,003
135,694
11,369
5,726
9,400
58,153
9,093
10,706
24,458
3,983
732
16,372
9,307
17, 750
4,154
24,189
75,944
9
60,710
976
32, 710
75,446
136
51,440
17,661
3,901
28,943
64,614
168
8,261
5,007
3,855
20, 320
3,564
27,958 101,144
64, 260
1,121
98,131 275,306
1,086 157, 737 21, 352
12, 292
22,145
19,515
4,480
9,214
54,942
54, 656 13,173
35, 741 100,443
93, 522 17, 436

714

1,141
36
1,327
52
321
463
73
32
276
2,266
37
13

416
524
269
3,067
152
1,293

131
14
2,770
2,783

States
and
political
subdivisions

606
472
200
146
104
610

350
257
230
469
102
1,412

2,138

2,820
22,488
11,075
41, 491
5
1,024

76,083
6,922
53
613
480
188
4,708
689
2
2,390
16,154
169
699
3,870

Banks Banks
in
in
United foreign
counStates tries

52
353
10
235
75

725
5,056
637
36, 386
105
3,573
465

3,191

46, 222
1,514
508
230
68
630
725
1,373
40
• 155
861
362
371
4,438

3.191

Total Southern
States
Ohio
Indiana
Illinois, A...
Michigan ..
Wisconsin..
Minnesota,.
Iowa
Missouri

32, 561

202,516

202,516 2,061,486 103,175

14, 286 59, 766 59, 766: 534,143
4,427
237 373
20,169
20,169
5,94' 124,304 124, 304 1, 800' 571
14, 055 22, 296 22, 304 473,880
9,835
219, 717
22, 457 22,460
4,289
32, 949 32, 949 295, 750
10,343
2,506
111,529
10,343
25,646
2,302
329,000
25,646

318, 981 818,106

10,057 82, 502 122, 509
14,611 ! 57, 336 61,198
77, 266 252, 086 863,861
20, 228 56, 588 114, 262
11,382 42, 406 73, 850
78, 775 154, 875
1,278
2,225 27,268 42,187
25,881 237,859
7,466

2,520

825, 459

90,024

6,03-

9,988

9,8411

8,598

36,937

11,275

572
60
6,477
937
147
1,081

327, 441
123, 405
583, 716
257,769
189, 513
165,053
48,16:
91, 989

27, 749
25,990
60,890
4,755
14, 245
33, 401
15, 866
13,507

2, 2301
47
1,108
695
269
2,940
879
1,056

3,429
1,681
4,249
1,385
2,028
1,165
290
827

6,542
38;
23,813
1,988'
816
429

959
820
5,206
1,701
257
1,363
131
2,269

13, 799
39
32, 946
2,426
565
2,287
19
916

6,262
9,450
78
1,145
849
2,589
5
33

9,224

15,054

52, 997

20,411

88
69
466
417
94
74
901
86
97

36,606
16
10
36
304
18

12, 706

174
490
78'
509
492
378
714
8'
1,402

40
33
331
733
40
152
94
179
738

272
511
35
104
517
556
246
26
3,831

10
32
29
412
23
230
3,022

5,033

2,292

2,890
564

14,315
7

37^ 913

179

Total
Middle
Western States. 57,647 317,930 317,941 4,001,963 144, 513 622,842 1, 670,601 9,453 1, 784, 053 196, 403
12,569
6,680
3,633
3,147
124
North Dakota.
22, 730
2,813
2,813
736
11, 280 5,075
3,251
11,416
256
South Dakota _
25, 885
2,926
2,926
1,391
27,680 15,064
56, 927
13, 531 13, 531 126, 002 2,747 22,026
1,042
Nebraska-.
21,996 13,461
13, 750 13,801
120,056
1,300
5,088 41, 666 33, 712
Kansas
8,055
18, 709 3,885
5,782
43,635
4,278
171
283
4,278
Montana
7,141
4,170
12,935
20,198
2,150
40.
1,785
211
2,150
Wyoming
14,612
66,329
9,666
1,221
43,619
9,663
36
3,689
145, 415 1,176
Colorado
12, 540
1,787
8,329
2,366
1,787
22, 884
1,991
293
384
New Mexico...
45, 205 15,188
22, 997 22, 997 205, 708 8, 710 46,932
72, 203
1,304
Oklahoma
Total Western
225, 032 66, 818
73, 895
73, 949 732,613 18, 867 167, 535 225,663
States
7,975
45, 337 47, 747 1,586 127, 336 6,438
7,373
Washington _
20, 297 20, 297 214,685
1,965
97, 025 6,067
28. 830 20, 785
131, 225 5,943
488
8,945
8,945
Oregon
California
116,661 116, 671 1, 106, 675 87, 226 133, 971 179, 908 7,497 1, 282, 312 38,104
1,445
13, 707 2,072
9,009
25, 822
69
Idaho
1,931
1,931
21,042
699
5,970
32,012
13, 774
24
Utah
3,073
3,073
14,614
676
4,512
18, 248
883
948
137
Nevada
948
14,884
10, 493
35, 079
1,654
200
1,039
Arizona
1,325
1,325
176
Total
Pacific
9,757 1, 570,920 55,095
153,180 153,190 1, 563, 746 100,972 238,122 266,196
States
Total United
States (exclusive of possessions)
208,643 1,322, 206 1,324, 500 15, 957, 445514, 070 1,930,346 5,640, 214 343,673 6. 957, 255 527, 417
485
105
2,24
412
300
68
Alaska
300
4,330
The
Territory
of
17,323
6,047
5,510
1,361
3,350
3,350
Hawaii
14, 787 4,239
Virgin Islands of the
902
United States
115
84
30
30
224
6, HOl
1,4
20, 472
19,341
4,735
Total possessions
3,680
120
3,680
Total
United
States and pos533,532
sessions
- 208,763 1,325,886'1,328,180 15, 976, 786 518, 805 1,936,456 5,641,680 343,676 \ 6, 977, 727
1
Includes U.S. Treasurer's time deposits—open account.




2,980

82
42
2, 382

3,438

953
340
6,375
35
172

16

2,340 6,098
55
752
176
5,585
7,067 153, 331
225
86
4
121
86
119

40,372

8,452 159,180

7,885

1,783

78, 468 249,137

45, 459 334,115
90
101

93, 714

4,974

14,364

36,604

324

733!

1,783

10

137

324

36,604

643

7,196

47
285

78, 792 249,137

46,192 334, 440

1
1
93, 720

4. 975

TABLE N O . 51.—Savings deposits and depositors in all active banks in the United States and possessions, according to classes of banks, on or
about June 29, 1940
[Deposits in thousands of dollars]

Total all active banks

Savings
deposits,
including
time certificates
of deposit 2

Location

Maine
New Hampshire
Vermont
^Massachusetts
Rhode Island
Connecticut
__
Total New
States

247,942
227,684
135,870
2,521, 577
337,699
927, 669

Depositors 3

549, 236
373, 650
268,296
3, 723, 530
421, 903
1,456, 365

National banks

Savings
deposits,
including
time certificates
of deposit 2
67,030
22,206
35,360
217, 207
17,450
84,331

Depositors 3

All banks other than
national
Savings
deposits,
including
time certificates
of deposit 2

Depositors 3

State (commercial)
banks 1
Savings
deposits,
including
time certificates
of deposit 2

Depositors 3

Virginia
West Virginia
North Carolina
South Carolina




Depositors3

Savings
deposits,
including
time certificates
of deposit 2

Depositors 3

128,431
193,076
56,709
2,149, 253
178, 354
735, 098

247, 701
284,630
91,531
2,816, 533
189, 784
979, 365

280

1,140

513, 656

1,123, 820

3,440, 921

4,609,544

280

1,140

5, 646,400
322, 728
607, 383
41, 351
225,968

6, 706,405
511, 734
696, 975
80,434
418,479

2,097
6
5,354

1,528
21
17,142

6,843,830

8,414,027

7,457

18, 691

180,912
205,478
100, 510
2,304, 370
320,249
843, 338

411,198
314,069
191,292
3,158, 373
404,695
1, 254,877

52,481
12,402
43,801
155,117
141,895
107, 960

5, 734, 504

4

4,398,441

6, 792,980

443, 584

1,058,476

3,954,857

7,241,506
1,188,008
2,193,196
80, 374
418, 388
108, 737
11, 230, 209

9. 743,400
2, 523, 570
3, 729, 496
146, 885
928, 292
283,923

1, 641,848
927,487
1, 781,814
11,063
151, 949
112, 744

17,355, 566

715,045
408, 619
958, 083
8, 594
91, 590
45,353
2, 227,284

4,626,905

6, 526, 461
779, 389
1,235,113
71, 780
326, 798
63, 384
9,002,925

8,101, 552
1, 596, 083
1,947,682
135,822
776, 343
171,179
12, 728, 661

877,964
456,655
622,376
30,429
100,830
63,384
2,151, 638

1,393,619
1,084, 328
1, 233, 565
55, 388
357,864
171.179
4, 295,943

250,464
122,836
104, 819
33,411
118,138
81, 332
99, 645
68,520
109,936
203, 782
45, 708
143, 303
166,529

512,921
289, 212
262, 587
69, 859
383, 016
223, 823
263,141
97, 020
356, 309
396,094
75, 455
214, 662
375, 209

142, 386
63,879
28,441
18,482
64,864
52,416
68, 515
24,175
67, 824
179, 089
26, 625
67,829
110,958

277, 591
141,823
74,943
46,928
258,042
150, 592
172, 216
40, 527
274,439
353,339
42,098
112,124
286,047

108,078
58, 957
76,378
14,929
53,274
28,916
31,130
44,345
42,112
24,693
19,083
75, 474
55, 571

235,330
147, 389
187, 644
22, 931
124, 974
73,231
90,925
56,493
81,870
42, 755
33,357
102, 538
89,162

108,078
58, 957
76, 378
14,806
53, 274
28,916
31,130
44,345
42,112
24,693
19, 083
75,474
55, 571

235, 330
147, 389
187, 644
22,931
124,974
73, 231
90,925
* 56,493
81,870
42, 755
33, 357
* 102, 538
89,162

3,519, 308

915,483

2,230,709

632,940

1,288,599

632, 817

1, 288, 599

Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
,
Tennessee...
1,548,423
Total Southern States. .

Savings
deposits,
including
time certificates
of deposit 2

Private banks

163,497
29,439
99, 761
341,840
214,911
274, 372

138,038
59,581
77,004
565,157
17, 208
201,488

England

New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States

Mutual savings banks

5 123

123

to

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
Total United States (exclusive of possessions) Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii _ ...
_
Philippines
Puerto Rico
American Samoa
Virgin Islands of the United
States
Total possessions
Total United States and
possessions

2,190
1,847

2,550

4,037

13,493,751

10,410

23,868

13,493,751

10,410

23,868

2,408,464
638,472
2, 307,778
1,620,799
1,026,904
803,669
367,011
791,759

355,190
149,395
644, 606
262,524
200, 758
198,454
64,033
105, 496

757, 386
282,020
1,416,392
624,051
481,675
480,517
165,959
288,668

716, 358
188,054
392,183
422,788
245, 532
187,373
172,296
192,001

1,651,078
356,452
891, 386
996,748
545,229
323,152
201,052
503,091

591,171
168,346
392,183
422,788
240,850
120,461
172, 296
192,001

1,477, 497
331,199
891,386
996, 748
524,361
237,548
201,052
* 503,091

123, 673
18, 672

171, 391
23,406

4,682
66,912

20,868
85, 604

4,497,041

9,964,856

1,980,456

4,496, 668

2, 516, 585

5,468,188

2, 300,096

5,162,882

213,939

301, 269

28, 554
28,117
62, 255
76,137
40,366
21,828
91, 372
13,177
71,356

54,978
56, 111
160,486
174, 558
72, 508
42. 306
220, 228
25.156
141,843

19,249
16,355
42, 744
35,457
22,594
14,720
70,018
10, 320
60, 393

40,860
35,779
129,480
95,542
41,823
29, 679
166,292
18,492
128,065

9,305
11, 762
19,511
40,680
17, 772
7,108
21,354
2,857
10,963

14,118
20,332
31,006
79,016
30, 685
12, 627
53,936
6.664
13,778

9,305
11, 762
19, 511
40. 680
17,772
7,108
21,354
2,857
10,963

14,118
20,332
31,006
79,016
30,685
12, 627
53,936
6,664
13, 778

433,162

948,174

291,850

686,012

141,312

262,162

141,312

262,162

239.415
120,133
2,084,358
30, 270
62,666
16, 386
29, 779

133,774
103,092
1,320. 416
15, 779
21, 741
15,290
15,923
1, 626,015

295,694
245,189
2,360,937
28,855
53,169
22,067
33,371
3,039, 282

105, 641
17,041
763,942
14,491
40,925
1,096
13,856
956,992

234,887
36,117
918,125
31,011
117, 529
1,573
23,802
1, 363, 044

32, 572
14, 268
763,942
14,491
40,925
1,096
13,856

166, 215
2,696

881,150

68,672
33,421
918,125
31,011
117, 529
1,573
23,802
1,194,133

73,069
2,773

2, 583,007

530, 581
281, 306
3, 279,062
59,866
170, 698
23,640
57,173
4,402, 326

75,842

168,911

24, 690, 283

42,983, 210

7,484, 672

16,138, 052

17,205, 611

26,845,158

6, 620,669

13, 327, 539

10, 574, 532

6,812
2,940
302
64,424
68,245
17,082
95

10,427
7,806
2,467
183, 710
559,333
50,457
846

2,315

4,136

23, 370

68,110

4,497
2,940
302
41,054
68,245
17,082
95

6,291
7,806
2,467
115,600
559,333
50, 457
846

4,497
2,940
302
41,054
68, 245
17,082
95

4 6, 291
7,806
2,467
115, 600
559, 333
50,457
846

902

4,228
819, 274

902

160,802

26, 587

4,228
76,474

134, 215

742,800

134, 215

742,800

24, 851,085

43, 802,484

7, 511, 259

16, 214, 526

17, 339,826

27, 587,958

6, 754,884

14,070,339

10, 574, 532

1 Includes loan and trust companies and stock savings banks, which were shown separately in reports prior to 1936.
2
Excludes postal savings and Christmas savings accounts, etc.




1,514
1,036

1,071,548
337,449
1,036, 789
685,312
446,290
385,827
236,329
297,497

3

Represents number of savings passbook accounts.
* Estimated.
5
Represents time certificates of deposit.

to
CO

264

'REPORT 'OF THE, COMPTROLLER OF THE: CURRENCY

TABLE NO. 52.—Per capita demand and time and savings deposits in all active
banks June 29, 1940
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 StatesNorth DakotaSouth Dakota
Nebraska
Kansas
Montana
Wyoming .
Colorado
New Mexico
Oklahoma_
Total Western States
Washington
OregonCalifornia -Idaho
Utah
Nevada
Arizona
Total Pacific States ..Total United States (exclusive
of possessions)
Alaska
Canal Zone (Panama)
Guam...
The Territory of Hawaii
Philippines . . .
Puerto Rico
American Samoa..
Virgin Islands of the United States.
Total possessions
Total United States and possessions ..
1
2

Population
(estimated)
848,471
492,180
359/221
4, 318, 399
713,992
1, 711, 801

D e m a n d a n d Per capita
i m e deposits demand and
000 o m i t t e d ) i ime deposits

Savings deposits (000
omitted)2

$393.80
566.90
472. 20
908. 04
684. 55
789. 00
774. 92
1,495. 89
501. 50
499.47
890. 20
452.96
521. 61

$247,942
227. 684
135, 870
2, 521, 577
337, 699
927, 669

$334,128
279,018
169, 624
3,921, 300
488, 760
1,350, 603

8, 444, 064

6, 543, 433

13, 501,419
4,163,136
9,906, 901
267, 208
1, 825,987
667, 496
30, 332,147
2, 684,171
1,906,293
3, 581, 657
1,903, 830
3,129,104
1,908,144
2, 837, 629
2,188,145
2,370,437
6,429, 577
1,951,759
2, 851,403
2,923,323
36, 665, 472
6, 914,135
3, 432, 528
7, 903, 906
5, 266,451
3,142, ; 551
2, 798,009
2, 539, 951
3, 788, 546
35, 786, 077
640-, 962
641, 714
1, 314, 281
1, 799,029
560,002
251, 371
1 125 484
534, 530
2, 334,944
9,202,317
1, 740, 511
1,093,081
6, 938,140
526, 869
551, 372
110,727
500, 853

20,196, 610
2,087,797
4,948,156
237, 870
827, 093
348,170
28,645, 696
557,109
294, 322
373, 648
143, 898
390,687
368,018
283, 379
186,466
416, 511
1, 281,417
164, 581
408, 937
443,376
5,312, 349
2,424, 539
885, 012
3,940, 755
1, 563,1^8
890,177
373,772
635,968
1,123,931
12, 337, 282
70,009
93, 260
262,925
363, 734
134,914
61,986
293, 274
59, 749
380,617
1,720,468
539, 552
305, 523
4,013,474
97,137
140,729
42,094
90,701

11, 461, 553

5, 229, 210

456. 24

131, 891, 630
72,000
52, 235
22,404
424,910
16, 392, 622
1, 870,961
13, 001
24,970
18,873,103

59, 788, 438

453. 31

16, 662
5,725
398
120,493
125,663
74,183
147
1,288
344, 559

231. 42
109. 60
17.76
283. 57
7.67
39.65
11.31
51.58
18.26

150, 764,733

60,132,997

398. 85

944. 40
207. 55
154. 39
104.32
75.58
124. 86
192. 87
99.86
85.22
175. 71
199. 30
84.32
143.42
151. 67
144. 89
350. 66
257. 83
498. 58
296. 81
283. 27
312. 28
250. 39
296. 67
344. 75
109. 22
145. 33
200.05
202.18
240.92
246. 59
260. 58
111.78
163.01
186. 96
310. 00
279. 51
578. 47
184. 37
255. 23
380.16
181. 09

4, 398, 441
7, 241, 506
1,188,008
2,193,196
80,374
418, 388
108, 737
11, 230, 209
250,464
122, 836
104,819
33,411
118,138
81, 332
99, 645
68, 520
109,936
203, 782
45, 708
143, 303
166, 529
1, 548,423
1, 071, 548
337,449
1, 036, 789
685, 312
446, 290
335, 827
236,329
297, 497
4, 497, 041
28, 554
28,117
62. 255
76,137
40, 366
21, 828
91,372
13,177
71, 356
433,162

Per
capita
savings
deposits
$292. 22
462.60
378. 24
583. 91
472. 97
541.93
520. 89
536. 35
285. 36
221. 38
300. 79
229.13
162.90
370. 24
93.31
64.44
29.27
17.55
37.75
42.62
35.12
31.31
46.38
31.69
23.42
50.26
56.97
42.23
154. 98
98.31
131.17
130.13
142. 02
137. 89
93.04
78.53
125. 66
44.55
43.82
47.37
42.32
72.08
86.84
81.18
24.65
30.56
47.07

239,415
120,133
2, 084, 358
30,270
62, 666
16, 386
29, 779
2, 583, 007

137. 55
109. 90
300.42
57. 45
113. 65
147.99
59.46
225. 36

24, 690, 283
6,812
2,940
302
64,424
68, 245
17,082
95
902

187. 20

160,802

8.52

24, 851, 085

164. 83

94.61
56.28
13.48
151. 62
4.16
9.13
7.31
36.12

Total deposits, except United States and interbank deposits.
Represents deposits evidenced by savings passbooks and time certificates of deposit (does not include
postal savings or Christmas savings accounts, etc.).




REPORT OF THE COMPTROLLER OF THE CURRENCY

265

TABLE N O . 53.—Assets and liabilities of operating insured commercial banks, by
classes, June 29, 1940
[In thousands of dollars]

All b a n k s

1

Number of banks

National
banks,
members
Federal
Reserve
System

State banks, Banks not
members
members
Federal
Federal
Reserve
Reserve
System
System

13,480

5,164

1, 234

17,082

17,005,169
9,203
12, 530, 787
3, 370,098
3, 482, 795
2, 944,031

9,150, 715
5,543
7, 203, 650
1, 890, 656
1, 925, 360
1,644,697

4,810, 322
2,190
4, 396, 527
1, 230, 772
962, 465
801,050

3,044,132
1,470
930, 610
248, 670
594,970
498, 284

493, 578
13,750, 656
983, 888

217, 428
7,837,068
575, 329

209, 632
5, 913, 588
213,362

195,197

9,129, 339
1,081, 082
370,033

5,444, 608
595,631
119, 510

1, 845, 441
321, 268
126, 871

1, 839, 290
164,183
123, 652

136, 913
81,104

65,392
42, 337

59, 578
36,854

11,943
1,913

109, 398
111,106

58, 511
39,872

43,930
56,189

6,957
15,045

65, 589,180

36, 816, 307

21,030,039

7,742,834

15,957,445

10,439,155

2, 502,454

7,848,881
45, 459
514, 070
2, 264,461
6,082,575
300, 823
33,013,714
24,686, 571
8,327,143

3,610,100
13,152
196, 775
674, 381
3, 607,625
174, 218
18, 715, 406
14, 972, 827
3, 742,579

3,320, 587
15, 200
44, 950
662, 251
104,531
46,298
6, 696, 271
3,251,431
3, U4,840

2,910

513

10,421

50, 639

43, 556

1,919

41, 362
49,675
189, 551

19, 741
32,462
79,065

15,091
8,938
11, 447

58,982,681

33, 347,851

18,890, 743

6, 744,087

2,892, 233
2, 483, 865
836, 841

1, 530,849
1, 247, 556
467, 955

826, 444
959,752
243, 330

534,940
276, 557
125,556

393, 560

222, 096

109,770

61,694

ASSETS

Loans and discounts
Overdrafts
U. S. Government securities, direct obligations
Obligations guaranteed by U. S. Government
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks, including stock of Federal Reserve
banks
Reserve with Federal Reserve banks.
Currency and coin
Balances with other banks, and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing
bank premises or other real estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or
accrued but not collected
Other assets
Total assets

66,518

LIABILITIES

Demand deposits of individuals, partnerships, and corporations
28,899,054
Time deposits of individuals, partnerships, and corporations
14,779,568
2
73,811
Postal savings deposits
755,795
Deposits of U. S. Government
3, 601,093
Deposits of States and political subdivisions
9, 794, 731
Deposits of banks.521, 339
Other deposits (certified and cashiers' checks, etc.)
58, 425,391
Total deposits
42,910,829
Demand deposits
15, 514, 562
Time deposits
Bills payable, rediscounts, and other liabilities for borrowed money
13,844
Acceptances executed by or for account of reporting
banks and outstanding
96,114
Interest, discount, rent, and other income collected but
not earned
76,194
91, 075
Interest, taxes, and other expenses accrued and unpaid _ „
280,063
Other liabilities
Total liabilities
CAPITAL ACCOUNTS

Capital stock, notes, and debentures
Surplus
Undivided profits
Reserves and retirement account for preferred stock and
capital notes and debentures
Total capital accounts
Total liabilities and capital accounts

6,606, 499

3, 468, 456

2,139, 296

998, 747

65, 589,180

36,816,307

21, 030,039

7, 742,834

1 Includes 3 insured national banks in the possessions not members of the Federal Reserve System, Exeludes 3 insured State banks not members of the Federal Reserve System.
2
Includes United States Treasurer's time deposits, open account.

281684—41-

-18




266

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 53.—Assets and liabilities of operating insured commercial banks, by
classes, June 29, 1940—Continued
[In thousands of dollars]

All banks

National Statebanks, Banks not
banks,
members members
members
Federal
Federal
Federal
Reserve
Reserve
Reserve
System
System
System

MEMORANDA

Pledged assets and securities loaned:
U. S. Government obligations, direct and guaranteed, pledged to secure deposits and other liabilitiesOther assets pledged to secure deposits and other liabilities, including notes and bills rediscounted and
securities sold under repurchase agreement
Assets pledged to qualify for exercise of fiduciary or
corporate powers, and for purposes other than to
secure liabilities
__________ _._
Securities loaned




2, 384,607

694,614

268,574

..

.

953,648

592,921.

154,583

206,144

186,072
47,362

93,990
7,929

69,608
35,199

22,474
4,234

4,534,877

Total
Secured and preferred liabilities:
Deposits secured by pledged assets pursuant to requirements of law. _
. .
_-_
Deposits preferred under the provisions of law but
not secured by pledge of assets
-- Borrowings secured by pledged assets, including rediscounts and repurchase agreements
Other liabilities secured by pledged assets
Total

3,347,795

3,079,447

954,004

501,426

3,591,185

2,511,111

693,593

386,481

974,707

896,027

78,680

13,084
5,121

2,553
492

531
3,382

10,000
1,247

4,584,097

2, 514,156

1,593, 533

476, 408

TABLE N O . 54.—Assets and liabilities of all active banks in the United States and possessions, by classes, at the close of business Dec. 30, 1939
Iln thousands of dollars]

Total, all

National
banks

All banks
other than
national

Banks other than national
State (commercial) i

Mutual

Private

15,096

Number of banks

5,193

9,903

9,290

551

62

5,987,160
1,144,296
510,635
836,876

3,489,751
620,703
284,938
314,002

2,497,409
523, 593
225,697
522,874

2,462,094
523,016
223,813
512,226

515
74

34,800
503
1,884
10,568

815, 784

415, 327

400,457

394, 546

2,104

3,807

582,108
7,445,094
1,074,491
57,622
3,906,497
14,137

232,126
1,215,490
462,588
26, 524
1,977,381
4,802

349, 982
6,229,604
611, 903
31, 098
1,929,116
9,335

336 923
1,453^ 437
562,988
31,098
1,831,155
8,016

12, 738
4,774, 359
48,717

321
1,808
198

85,941

12,020
1,319

22, 374, 700

9,043,632

13, 331,068

8, 339, 312

4,924, 528

67,228

15,445,858

7,117, 420

8, 328,438

5, 305,109

2,612, 309

411,020

989,860
1,940, 567
579,670
491, 509

439,630
287,983
240, 594

550,230
952,259
291,687
250,915

432, 581
689,334
219,940
158,445

103, 452
247,816
70, 768
68,125

14,197
15,109
979
24,345

19,447,464

9,073,935

10,373, 529

6,805, 409

3,102,470

465,650

4,008, 397

1, 784,899

2,223,498

1,557,270

619, 792

46,436

125,974
159, 262
143,395

77,478
86, 526
93, 662

48,496
72, 736
49, 733

38, 776
71,116
44,950

8,952
1,168

768
452
515

o

ASSETS

Loans and discounts (including rediscounts and overdrafts):
Commercial and industrial loans
Agricultural loans
.-.
Open-market paper
Loans to brokers and dealers in securities
Other loans for the purpose of purchasing or carrying stocks, bonds, and other
securities
Real estate loans:
On farm land
On residential properties
___
On otber properties
Loans to banks __
All other loans
Overdrafts
Total loans and discounts
Investments:
XJ. S. Government direct obligations
Obligations guaranteed by U. S. Government:
Reconstruction Finance Corporation
Home Owners' Loan Corporation
Federal Farm Mortgage Corporation
O ther Government corporations and agencies
Total U. S. Government obligations, direct and guaranteed
Obligations of States and political subdivisions (including warrants)
Other bonds, notes, and debentures:
U . S . Government corporations and agencies, not guaranteed by United
States:
Federal Land banks
Federal Intermediate Credit banks
Other Government corporations and agencies
i Includes trust companies and stock savings banks.




8

P

to
^1

TABLE NO. 54.—Assets and liabilities of all active banks in the United States and possessions, by classes, at the close of business Dec. 30,

to

1939—Continued

00

[In thousands of dollars]

Total, all
banks

National
banks

All banks
other than
national

Banks other than national
State (commercial)

Mutual
savings

Private

ASSETS—continued

Investments—Continued.
Other bonds, notes, and debentures—Continued.
Other domestic corporations:
Railroads
Public utilities
Industrials
All other
Foreign—public and private
Total other bonds, notes, and debentures
Stocks of Federal Reserve banks and other domestic corporations
Stocks of foreign corporations
Total investments
Currency and coin
Balances with other banks, including reserve balances and cash items in process of
collection
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises or other real
estate
Customers' liability on acceptances outstanding
Interest, commissions, rent, and other income earned or accrued but not collected.
Other assets (including securities borrowed, insurance and other expenses prepaid, and cash items not in process of collection)
Total assets
_.
Demand deposits:
LIABILITIES
Deposits of individuals, partnerships, and corporations
Deposits of United States Government
Deposits of States and political subdivisions
Deposits of banks in the United States
Deposits of banks in foreign countries
Total demand deposits




1,672, 645
1, 285,911
731,978
215, 662
283,462
8,626,686

515,454
410,463
374, 542
47,180
126, 532
3, 516, 736

707, 553
13, 922
28, 795, 625

220,058
847
12,811,576

1,157,191
875, 448
357,436
168,482
156, 930
5,109,950

423,172
375,940
285,953
91,751
96, 505
2, 985,433

2,055, 547

1,970

487,495
13, 075
15, 984, 049

343,020
7,731
10,141, 593

135, 859
5
5, 293,881

8,616
5,339
548, 575

728,445
492,377
66, 859
73,692
59,994

5,574
7,131
4,624
3,039
431

1,196, 539

615, 698

513,747

62,149

11,887,915
600, 296
131,691

10, 310,020
651, 502
924, 571

9, 346,290
523,623
320, 885

751,453
125, 801
602, 449

212, 277
2,078
1,237

160,087
130, 960
150,166

65, 551
55, 845
58,033

94, 536
75,115
92,133

82, 242
62, 327
51,046

8,616
"16,038

3,678
12, 788
1,049

261,185
77, 575, 257

49,020

212,165

35, 319, 257

42, 256,000

158,976
29, 540,041

42, 941
11,851,856

10, 248
864,103

28, 211, 568
839, 778
2,962, 751
8, 770, 399
853, 756
41, 638, 252

14, 940, 600
543,960
1, 737, 388
5,433, 548
356,840
23,012,336

13, 270, 968
295, 818
1, 225, 363
3, 336, 851
496, 916
18,625, 916

12, 713,682
295, 817
1, 223, 714
3, 248, 923
412, 580
17, 894, 716

2,485
1
411
102

554,801

a

4,945

22,197,935
1, 251, 798
1, 056, 262

O

o

580,841

2,999

1,238
87, 826
84,336
728, 201

o
d
Pi

O

Time deposits (including postal savings):
Deposits of individuals, partnerships, and corporations:
Savings deposits
Certificates of deposit
Deposits accumulated for payment of personal loans
Christmas savings and similar accounts
Open accounts
Postal savings deposits
Deposits of States and political subdivisions
Deposits of banks in the United States
Deposits of banks in foreign countries
Total time deposits
Other deposits (certified and cashiers' checks (including dividend checks), letters
of credit and travelers' checks sold for cash, and amounts due to reserve agents
(transit account))
Total deposits
Bills payable, rediscounts, and other liabilities for borrowed money
Acceptances executed by or for account of reporting banks and outstanding
Interest, discount, rent, and other income collected but not earned
Interest, taxes, and other expenses accrued and unpaid
Other liabilities (including securities borrowed and dividends declared but not
payable)
Total liabilities

23,425, 784
1, 211, 564
85,127
57, 337
626,449
69, 950
549,597
267, 930
9,789

6, 910, 303
531,400
31,049
16, 424
228,232
45, 230
343, 604
103, 939
5,458

16,515,481
680,164
54,078
40, 913
398, 217
24, 720
205,993
163, 991
4,331

6, 005,985
676,099
53, 992
17, 962
393, 740
24, 720
205,175
163,454
4,081

10, 501, 894
424
84
16, 569
382
663
120

155
417
250

26, 303, 527

8, 215, 639

18,087, 888

7, 545, 208

10, 520,136

22, 544

117

749

7,602
3,641
2
6,382
4,095

O

624, 264

385,017

239, 247

238,381

68, 566, 043

31, 612, 992

36, 953,051

25, 678, 305

10, 523,252

751,494

25, 551
149, 840
72, 839
88,102

2,882
64,175
37, 709
41,031

22, 669
85, 665
35,130
47, 071

20, 922
70, 773
34, 742
38, 628

2

1,745
14,892
78
137

310
8,306

377, 711

155, 350

222, 361

209, 453

10, 673

2,235

69, 280, 086

31, 914,139

37, 365, 947

26, 052, 823

10, 542, 543

770, 581

141, 748
381,195
2, 602, 581
3, 451, 294
1,147, 549

211, 733
1, 321,170
1, 216, 222
445, 403

141, 748
169, 462
1,281,411
2, 235,072
702,146

133,107
169, 462
1, 244, 409
1, 335, 427
379,120

Q
O

CAPITAL ACCOUNTS

Capital stock:
Capital notes and debentures
Preferred stock
Common stock
Surplus
Undivided profits
Reserves and retirement account for preferred stock and capital notes and debentures
Total capital accounts
Total liabilities and capital accounts




8,641
866,136
322, 618

37,002
33, 509
408

570, 804

210, 590

360, 214

225, 693

111, 918

22, 603

8,295,171

3, 405,118

4,890, 053

3, 487, 218

1, 309, 313

93, 522

77, 575, 257

35, 319, 257

42, 256, 000

29, 540, 041

11,851,856

864,103

Q
Cj

1
9
CO

TABLE NO. 55.—Assets and liabilities of all active banks in the United States and possessions, Dec. 30, 1939 {includes National, State {commercial), savings, and private banks) 1
ASSETS
[In thousands of dollars]

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
ConnecticutTotal 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




Loans and
discounts
Num- (including
ber of
banks rediscounts
and overdrafts)

101
107
84
388
35
205

109,558
103,958
1,746,839
175,359
576,042

Investments

Currency
and coin

188,912
166,450
68,138
1,801,151
276,024
576,091

6,821
3,356
2, 739
161,882
9,760
25,345

Balances
with
other
banks 2

InvestReal
ments and
Bank
estate other assets
premises owned
indirectly
owned,
other
representfurniture
than
ing bank
and
bank
fixtures premises premises
or other
real estate

69,454
37,474
28,257
788,653
91,062
287,901

4,454
4,443
3,328
64, 783
13,572
29,315

5,327
8,141
9,674
160,835
6,433
56,532

765
77
2,407
6,071
6,191
264

Interest,
Cuscommistomers' sions, rent,
liability and other
on
income
acceptearned or
ances
accrued
outbut not
standing collected

8,910
522
35

920

2,798, 559

3,076,766

209,903

1,302,801

119,895

246,942

15,775

9,467

887
390
1,102
46
189
22

7,341,210
664,486
1,533,189
78,157
211,916
112,470

10,270,691
1,006,625
3,026,413
108,642
492, 946
134,137

190, 544
44,962
102,695
2,961
17,204
12,078

7,934,696
545,191
1,708,715
97,018
318,444
130,381

355,642
66,159
156,963
3,703
15,202
15,408

397,091
82, 218
153,151
1,894
6,805
3,452

36,502
6,222
23,610
726
479
2,286

87,634
433
11, 778

2,636

9,941,428

15,039,454

370, 444 10, 734, 445

613,077

644,611

69,825

100,251

17,070
8,746
8,937
2,560
14,088
9,231
7,031
4,745
9,216
36,979
3,213
9,610
15, 637
147,063

5,692
6,061
2,433
720
5,138
2,170
6,773
2,104
2,459
7,035
1,143
4,600
4,836

1,961
1,175
27

285
171
217
205
145
840
21
41:
300
3,667

302,615
132,966
172,864
55,768
221,056
109,466
124,572
67,081
167,297
520,230
64,142
224,402
256,921
2,419, 380

176,081
80,641
156,825
39,688
119,023
152,005
99,274
69,341
180,400
55,076
141,442
141, 976
1,850,165

15,677
10, 723
15,507
6,436
10,991
14,121
9,108
7,592
10,769
31,342
4,966
11,679
12,088

160, 999

205,890
107,501
207,336
76,456
199,911
166,849
131,648
86, 561
224,698
759,326
97,739
169,579
213,227
2,646,721

51,164

67
1,785
1,674
92
3,558
4,499
58
92
795
15, 783

575
5
70
13
254
649
359
12
2,255

Total
assets

142
4
240
3,963
1,078
619

261
283 324,186
380 201,966
17, 532 4,760,619
369 580,370
7,470 1,559,614

6,046

26, 295 7,812,449

12

315
181

400

Other
assets

r
80,844 52,210 26,747,
,064
" —
6,593 5,244 2,428,133
10, 274 35,312 6, 762,100
84 293,489
304
810 2,317 1,066,523
351
474
411,043

99,299
200
944
50
618
103
1,301
580
196
519
859
7,184

95, 518 37, 708,352
1,927
727,618
971 348,984
1,394 566,842 '
513
182,196
734 571,511
1,086
457,414
1,472 382,424
792 238,411
6,157
606,504
1,832 1,800,575
591 227,124
6,922 568,857
1,316 647,961
25,707 7,326,421

to

o

. -

Colorado
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California Idaho
Utah
Nevada
Arizona

...
__ _

Total Pacific States
Total United States (exclusive of possessions)
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Virgin Island of the United States
Total possessions
Total United States and possessions

895,183
296,242
970, 573
420,829
278,944
355, 701
299, 249
480,056

997,857
389,087
2,083, 569
713,144
439, 677
404, 503
190,820
594, 787

64, 111
28, 248
81.143
38, 767
20,403
18, 225
21, 534
23,180

876,432
327,696
1,986, 783
573,861
312,855
335,109
219, 281
661, 831

59,478
20,268
45,838
25,149
19,190
13,091
10,843
17,121

25,515
8,224
10, 994
3,757
6,135
2,791
1,618
9,690

9,958
840
2,936
1,499
941
4,766
876
1,586

671
24
3,263
30
52
255
29
595

3,670
788
9,404
2,835
1,186
1,985
412
2, 301

2,256
1,150
11,172
3,335
2,249
2,098
316
2,874

3,996, 777

5,813,444

295, 611

5, 293,848

.210, 978

68,724

23,402

4,919

22, 581

25,450 15,755, 734

168
165
423
675
111
58
145
41
393

.

Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas
M^ontana

35,060
43,372
126,919
159,167
39 139
25,696
91, 928
21,587
151,077

26, 638
30,996
109, 568
128, 207
55 089
17, 418
105, 298
19 713
139, 655

1,918
2,403
5,300
7,815
3 895
1,932
7,210
2,048
7,366

20, 231
32, 213
125, 783
161,129
63,899
32, 545
171,184
27,141
210, 323

2,551
2,462
6,848
9,319
3,068
1,059
4,053
1,037
9, 652

838
397
599
1,528
254
59
549
79
208

19
100
14
277
182
164

5

370

79

233
272
521
159
316
22
413
4
417

2,179

693,945

632, 582

39,887

844,448

40,049

4,511

1,126

89

2,357

2,992 2, 261,986

143
75
228
51
59
11
12

211, 706
100,407
1,861, 550
33,839
61,860
13,006
36, 733

217,623
141,043
1, 811, 511
40,035
50, 518
15, 314
27,123

12,088
6,565
48,971
2,789
2,458
1,114
2,826

180, 563
93, 583
• 895,524
32, 645
64,490
14. 246
29, 739

9,191
6,974
90,063
1,719
2.660
794
1,735

1,025
522
32, 861
68
377
19
566

1
86
32, 439
10
1,457
6
102

220
159
7,211

1,135
801
10,094
14
123
166

634, 315
763
350,427
287
5,508 4, 795, 732
111, 379
260
183, 977
156
44,675
53
99, 236
246

579

2, 319,101

2, 303,167

76, 811

1, 310, 790

113,136

35, 438

34,101

7,591

12, 333

7,273 6, 219, 741

15, 036

22,169,190

22,133,053 1, 244,198 1, 051, 390

160,012

124, 572

13
2
1
12
17
13
1
1

6,761
276
283
51,051
115, 606
30, 930
42
561

5,236
656
225
52, 541
16, 229
4,715
91
354

1,423
661
33
7,143
26, 721
6,707
15
181

5,527
373
28
19, 006
35, 678
3,763
40
467

346

67

3
3,583
2,660
995
1
12

2
1,012
3,168
611
8
4

75

2
265
6,121

2
197
44
108
2
13

60

205, 510

80,047

42,884

64, 882

7,600

4,872

75

6,388

366

15, 096

22,374, 700

22,197,935 1, 251, 798 1,056, 262

160,087

130,960

28, 715, 578 1,153, 655

28, 795, 625 1, 196, 539

i Includes also loan and trust companies and stock savings banks.




2,935,131
1,072, 567
5, 205,675
1, 783,206
1,081,632
1,138, 524
744,978
1, 794,021

704
511
848
452
580
681
646
633
5,055

Ohio
Indiana
Illinois
Michigan _
Wisconsin
Minnesota
Iowa
Missouri

5

131
204
355
940
272
14
315
7
754

1

87,619
112,419
375,912
468,541
165,932
78,927
381,119
71,616
519,901

149, 800 183,235 77,084,683

2

19, 502
9,267
596
135,857
244,223
79, 336
199
1,594

77,950

490, 574

142
7,301
20
1,322
43,852
25,311

150,166 261,185 77, 575,257

* Includes reserve balances and cash items in process of collection.

to

TABLE NO. 55.—Assets and liabilities of all active banks in the United States and possessions, Dec. SO,1939 {includes National, State (commercial), savings, and private banks) —Continued
LIABILITIES
fin thousands of dollars]

Location

Demand
deposits

82,121
Maine
52,960
New Hampshire
-- . - 31,007
Vermont
1, 638,992
Massachusetts
_ 159,324
Rhode Island
428, 881
Connecticut
Total New England States 2, 393, 285
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




Time deposits (in- Other
deposcluding
postal sav- its i
ings)

Bills payable, rediscounts,
Total de- and other
liabilities
posits
for borrowed
money

249,300
228,973
136,932
2, 530, 598
339, 354
936, 712

1,879
1,774
<J02
27,851
2,682
11,158

333, 300
283, 707
168, 841
4,197, 441
501,360
1, 376, 751

4,421,869

46, 246

6,861, 400

15, 574, 266
901. 587
3,199, 332
158, 415
520, 560
242,147

7, 748, 435 206, 748 23, 529,449
1, 230,833 16,127 2,148, 547
2, 526, 685 29, 371 5, 755, 388
245, 265
82, 298
4,552
957,962
433, 748
3,654
361. 541
114, 457
4,937
20, 596, 307 12,136, 456 265, 389 32,998,152
351,106
169, 532
378, 841
128, 589
376, 241
319,870
228,107
140, 014
433, 748
1, 336,866
151, 626
339, 337
394, 346

275, 594
121,821
119,714
33, 635
119.690
87, 850
101, 260
69, 408
114, 426
232, 609
47, 444
144, 303
178, 214

8,625
5,485
8,187
1,643
6,820
3,958
2,298
1,061
3,180
41,966
1,747
3,487
4, 895

635, 325
296,838
506, 742'
163,867
502, 751
411, 678
331, 665
210, 483
551, 354
1, 611, 441
200,817
487,127
577,455

4, 748, 223

1, 645, 968

93, 352

6, 487, 543

Mortgages or
other
liens on
bank
premises
and on
other real
estate

Acceptances executed by
or for account of
reporting
banks
and outstanding

203
153
652

10,012
712
35

Interest,
discount,
rent, and
other income collected but
not
earned

127
29
70
3,372
637
661

337
1,345

186

10. 759

4,896

8,817
1,978
1,906

2,319
124
378

100, 766
433
13, 639
400
6

15, 531
3,651
3,619
173
793
442

186

15

Interest,
taxes, and
other ex- Other
penses ac- liabilities
crued
and unpaid

Capital
stock 2

18, 606
7,388
19,233
113, 009
20,887
44, 419

9,027
20,932
4,067
266, 726
44,974
82, 507

9,937

223, 542

428, 233

203, 890

59, 557

24, 323 211,019
797, 719 1, 496, 484
1,562
3,172
129,714
91,426
10, 386
317, 479
7,437
470, 532
304
11,854
22,171
343
566
36, 674
39,976
1,655
714
19,813
16,845
517
37,855 224,143 1, 313, 253 2,137, 434

385, 606
25, 477
96, 625
6,475
23, 538
9,049
546, 770

175,031
22,049
84, 711
6,904
4,944
2,116
295, 755

10, 044
5,701
7,225
2,294
7,822
4,075
5,448
1,090
6,962
25, 488
4,127
7,237
9,630

5,300
3,075
4,545
959
4,595
2,792
2, 571
1,877
3,889
9,298
1,112
3.793
2,817

97,143

46, 623

2,821

115, 244

24, 209

479
196
287

11

12

1,984
215
1,578
151
1,972
402
441
152
738
828
137
655
1,338

1,070
390
1,036
122
448
147
331
249
795
2,176
105
706
724

1,959
233
918
114
1,298
612
277
286
1,227
1,570
328
7.302
874

44, 582
26, 446
25, 247
9,530
33, 315
22, 845
28, 423
15,801
25, 529
96, 331
13, 658
36, 690
36, 968

10, 591

8,299

16,998

415, 365

328
133
160
155
7
314
67
959
72
3,157

5
7
9
33
65

12
310
2,622

Undivided
profits

306
167
441
6,568
784
1,671

217
133
156
2,846
3,321
2,031
8,704

12, 716

575
7
70
13
258 '
1
1,005
359

Surplus

Reserves
and retirement
account
for preferred
stock and
capital
notes
and debentures

26,852
15,890
18, 689
5,152
18,907
14, 717
12, 843
8,317
14,998
52, 761
6,773
24, 343
17, 773
238, 015

12,004
10.089
3.700
134. 777
6,492
36, 828

11,904
1, 588
5,458
25, 216
1,203
14,188

to
fcO

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.. _ __

1,458, 767
605,805
3 651 773
934, 474
494 500
610, 257
437 179
1, 293, 405

1,132, 904
345,042
1 091 992
673,086
454 709
401, 601
228 176
310, 224

2, 615,032
961,088
4 781 175
1, 622, 290
959 871
1,022, 903
672 628
1,617, 246

254
2
29
27
3
93
46
4,669

9, 486,160

4, 637, 734 128, 339 14,252, 233

23,361
10, 241
37 410
14, 730
10 662
11,045
7 273
13, 617

2,913
745
3,794
1,954
1, 271
2,990
642
7,084

176, 605
56, 651
179, 010
86,478
72,134
52, 936
36, 440
85, 982

85, 689
30, 346
126, 096
37, 375
21,686
35,856
19, 317
40,201

29, 543
14, 582
51, 350
20,210
14,429
13,024
9,728
28, 036

16, 359
7,242
47, 791
10, 252
10, 836
4,792
5,431
6,696

5,338

15, 910

22, 501

21, 393

746, 236

396, 566

180, 902

109, 399

85
91
221
290
140
109
184
13
322

113
112
207
192
128
11
955
9
487

52
40
176
581
20
79
67
16
371

6,901
8,068
22,191
29, 986
8,647
4,051
14, 256
2,875
28, 519

2,600
2,230
10,862
15, 985
4,078
2,657
11, 524
1,693
17, 255

943
1,709
4,286
7,908
2,369
1,443
6,157
269
9,243

307
656
2,605
1,223
639
384
3,266
605
2,320

89

1,455

2,214

1,402

125, 494

68,884

34, 327

12, 005

221
160
8,460

1,104
553
11, 247
85
128
104
413

587
452
5,681
113
155
21
110

889
212
35,111
33
320
334
141

26, 808
11,956
202, 733
5,087
10,123
1,185
3,601

15, 873
8,060
130, 943
2,485
5,177
819
2,370

7,599
5,344
60,830
1,839
3,126
1,098
864

4,050
2,766
27, 359
948
1,382
105
610

13, 634

7,119

37, 040

261,493

165, 727

80, 700

37, 220

86, 692 310, 913 3, 085, 383 3, 434, 859 1,143,732

560, 559

4
15

5,123

133

736
846
3 441
3,584
1 696
487
4 256
691
12,761

76 564
99,398
334 972
412, 201
149 911
70, 034
344 431
66,136
461, 303

50
33
387
162

4
82

1, 524, 369

462,083

28, 498

2, 014, 950

1,067

335, 467
192 784
1, 940, 299
70 481
100, 587
24 505
60, 651

237,121
124 810
2, 327, 837
29 550
61, 687
15 707
28, 789

4,596
3 330
44, 752
758
1,291
797
1,687

577,184
320, 924
4, 312, 888
100, 789
163, 565
41,009
91,127

10 084
6 389
85
52 070
65, 855
30 164
64

6 971
2 612
328
61 105
75, 625
26 249
95

949
2,257
1,839
3

17 205
9 030
413
114,124
143, 737
58, 252
162

423

931

2

5
13

159
274

5

2

79
99

480

1

8,842

480
23, 888

3,304

142, 894

70, 695

3
224
13
336
56, 053
6,859
1

875

740

488

191

25
9,280
26, 264
3,522
25

35
6,525
8,262
848
5

33
1,760
1,104
413
3

11
3,625
5,322
1,052
1

4

1,356

150
29

5

150

20

16

43

1,410

63, 494

40,141

16, 435

3,817

10, 245

88,102 374, 407 3,125, 524 3, 451, 294 1,147, 549

570,804

13
56
8
258
1,339
2

2
265
6,679

10
20
2,034
80

6,946

1,663
25, 551

Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).




5,144
886
9,939
1,762
875
2,268
234
1, 393

29 497
29 626
63 205
80 113
42 572
22 737
95 942
12 927
85, 464

344, 279
5,229
165,134
173, 916
Total possessions
Total United States and
41, 638, 252 26, 303, 527 624, 264 68, 566,043
possessions
1

2,869
938
2,828
2,828
471
3,388
482
2,106

46 331
68 926
268 326
328 504
105 643
46 810
244 233
52 518
363, 078

Total Pacific States
2, 724, 774 2, 825, 501 57, 211 5, 607, 486
Total United States (exclusive of possessions)._. 41, 473,118 26,129, 611 619, 035 68, 221, 764
Alaska
Canal Zone (Panama)
Guam.
The Territory of Hawaii
Philippines
.
Puerto Rico
American Samoa
Virgin Islands of the United
States

5

699
24
3,641
30
52
259
30
603

24
63
22

3,304
2

2,144

149, 840

72, 839

177
924
292

Includes capital notes and debentures. (See classification on pp. 278 and 279.)

to
CO

TABLE N O . 55.—Assets and liabilities of all active banks in the United States and possessions, Dec. 30, 1939 {includes National, State {commercial), savings, and private banks)—Continued
[In thousands of dollars]
Loans and discounts
Other loans
Real-estate loans
Location

CommerAgriculcial and
industrial tural loans
loans

Loans to
Openmarket brokers and
dealers in
paper
securities

purpose of
purchasing
or carrying On farm
stocks,
bonds, and land

On residential
properties

On other
properties

43,263
65,530
36,413
1,067,610
83,089
395, 541

7,565
2,916
7,018
47,656
15, 719
14,933

Loans to All other
banks
loans

Overdrafts

rities
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




23,532
12,090
11,021
301, 766
36,485
67,673

1,875
811
2,827
1,951
86
1,882

4,462
3,945
740
74,479
7,502
13,709

499
258
1
26,576
314
299

3,476
1,392
2,592
21,564
4,850
17,641

1,996
641
16,023
1,335
646
1,569

123
43
857
1
11

22,761
16,330
10,162
202,971
26,660
62,770

6
2
()
74
7
14

452,567

9,432

104,837

27,947

51. 515

22,210

1,691,446

95,807

1,035

341,654

109

2,033,674
110,733
448,433
13.900
40,861
27, 775

29,849
5,427
18,114
421
4,303
20

140, 241
14,504
40, 595
1,525
4,723
1,050

656,661
5,608
33,423
4,398
2,787
596

294,406
17. 218
101,665
7,851
12, 945
2,270

15, 968
4,822
25,814
3,529
10,602
95

3,259, 776
276,348
370,417
23,668
47,429
32,658

153,127
75,773
104,131
5,077
29,251
12,880

43,988
94
2,158

705, 620
153,915
388, 346
17,776
58,974
35,095

7,900
44
93
12
16
31

2,675.376

58,134

202,638

703,473

436,355

60,830

4,010, 296

380,239

46,265

1,359, 726

8,096

82,436
31,230
58,692
20,386
84,569
43, 798
42,331
12, 092
66,432
224, 247
13, 224
59,078
79,458

11,669
2,588
4,474
2,521
12,291
4,567
16,868
9,911
17, 794
101,138
16,700
15,248
48,846

6,237
2,575
9,086
899
635
1,926
2,720
249
1,419
3,809
1,002
6,587
2,469

1,173
254
1,423
538
1,972
2,897
1,195
352
1,094
3,487
439
- 1,034
2,451

6,104
7,018
9,778
1,398
10,470
1,867
1,456
1,846
2,750
19, 550
1,070
7,111
8,754

16, 665
5,502
8,578
1,872
7,116
2,882
4,877
8,257
6,541
11, 679
3,458
23,926
12,061

46,351
31,827
13,116
4,632
21, 737
13,029
10, 248
6,696
13,420
23,267
5,669
31,432
16,658

16,733
10, 797
9,269
2,174
8,042
8,196
7,442
4,660
9,033
16,892
2,927
10,489
8,520

200
40
226
45
392
338
64
139
259
329
56
. 625
493

114,989
41,101
58,212
21, 273
73,652
29,952
37, 215
22, 534
48, 398
114, 924
19, 570
68, 787
77,085

58
34
10
30
180
14
156
345
157
908
27
85
126

817,973

264,615

39,613

18,309

79,172

113,414

238,082

115,174

3,206

727,692

2,130

25

T=I

=

fcO

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri.

213,933
68,612
455, 339
103,813
92, 505
102,762
53,726
176,606

r

I

Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Total United States (exclusive of posses
sions)
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Virgin Islands of the United States
Total possessions
Total United States and possessions




9, 111
12,472
44, 074
10,887
7,431
5,703
9,240
13,356

11, 650
441
41,447
3,755
1,918
1,167
991
5,470

28,208
4,880
80,974
17,180
8,814
9,092
2,234
15, 728

40, 745
25,333
23,945
14,997
24,458
19, 540
47,636
20,197

247,819
77, 528
82,982
114,605
49, 614
44,637
32, 348
62,017

60,475
18, 553
17,791
36,877
20,091
6,299
8,875
25,208

2,494
334
488
189
327
105
383
1,604

253,514
59,653
146,995
100, 599
52,428
103,596
45,934
98,334

109
40
249
60
63
125
94
191

1,267, 296

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

27,125
28,396
76,289
17,867
21,295
62,675
97,788
61,345
392, 780

112,274

66,839

167,110

216,851

711, 550

194,169

5,924

861,053

931

5,576
5,516
30,621
33,964
6,394
3,332
27,339
5,610
64,007

18,851
21,381
57,039
63,712
18,006
12, 733
25,699
6,420
32,441

399
977
3,691
5,588
2,377
376
2,555
843
3,402

737
436
5
6
531

1,476
1,988
8,164
13, 747
990
904
2,250
505
4,261

1,976
3,928
3,624
10, 399
2,789
2,436
9,300
2,668
6,539

806
1,491
2,338
2,605
914
887
3,543
1,119
2,867

5
22
58
316
8

311

216
717
2,376
1,424
1,713
753
3,354
296
2,456

4

5,739
7,320
18,197
26, 861
5,905
4,249
17,045
4,110
34,698

16
32
74
115
38
20
32
16
91

182,359

256,282

20,208

2,026

13,305

34, 285

43, 659

16, 570

693

124,124

434

84, 703
31,717
397,276
6,708
15, 732
2,081
6,334

18, 519
11,822
88, 555
12,021
9,334
1,521
10,187

3,077
669
20,937
986
1,054
3
645

754
764
15,619
3
554

5,014
882
58,447
605
1,568
371
740

5,193
2,267
103, 616
1,268
2,823
386
1,047

46,485
10,163
632, 539
4,640
13,714
4,022
7,141

7,159
6,431
243,814
2,084
7,010
1,628
1,517

28
15
393
5
58

40, 627
35,584
298,435
5,483
9,931
2,968
8,968

147
93
1,919
36
140
26
31

544, 551

151,959

27, 371

17, 759

67, 627

116, 600

718, 704

269, 643

499

401, 996

2,392

5,940,122

1,133,202

506,941

836,353

815,084

564,190

7,413, 737

1,071, 602

3, 816, 245

14,092

1,141
47
33
12,130
20,853
12, 728
5
101

14

188
335

92
282
308

6
234
15, 551
2,032

4,194
226
68
16,448
64, 204
5,047
26
39

21
2

399
1,278
9,396

30
1
115
1,573
1,943
27
5

47,038

11,094

3,694

523

700

5, 987,160

1,144, 296

510, 635

836,876

65

61
18, 623
10, 207
896
6
221

1,342
953
496

95

815, 784

57, 622

1,343

18

7

280

17,918

31,357

2,889

582,108

7,445, 094

1,074,491

98

22

90,252
57, 622

45

3,906,497

14,137

to

TABLE NO. 55.—Assets and liabilities of all active banks in the United States and possessions} Dec. SO, 1939 (includes National, State (commercial), savings, and private banks) —Continued
[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government

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




U. S.
Other
Govern- ReconHome Federal
ment
struc- Owners' Farm Government
direct
Mort- corpotion
obliga- Finance Loan
gage
Corpo- Corpo- rations
tions
Corpo- ration
and
ration
ration
agencies

8,730
85,675
1,488
8,883
41, 258
591
3,191
28, 633
692
1, 079, 026 30,876 27,474
10,791
134. 699 6,687
22,073
249,159 14.247
1, 618,450 54,572 81,142
5, 856, 815 570, 697 803, 239
480, 022 22, 771 73, 027
1,438, 882 32,043 159.363
6,766
35,445
1,706
327, 502 4, 631 18, 525
19. 982
80, 842 4.712
8, 219, 508 636, 460 1,080.902
92, 979 4,217
14,912
32, 241 1,172
8,535
65, 525 7,835
14, 090
14, 996
1, 725
153
53,805 4,682
8,443
74,136
1,807
15, 589
32,151
9,260
563
10, 346
1,871
202
67, 556 4, 854 24, 286
219,195 10, 845 34, 707
17,122
5,112
600

2,447
7,889
2,136
5,915
2,460
4,398

25, 245
223,907
8,758
29, 360
366
5,910
1.752
270, 053
5, 381
2,844
7,097
1, 046
5,027
10, 651
4,993
740
1,428
5,473
639

Other bonds, notes, and debentures
ObligaS. Government cortions of U.porations and agenS#tates
cies, not guaranteed
"and
by United States
political
subdivisions
Other
(includFederal Governing
Federal inter- ment
warcorpoland
rants) banks mediate rations
credit
banks
and
agencies

797
152
11,342
487
6,182
19,890 124, 808
4,174
9,247
8,480 60, 747
33,980 221, 974
220,519 1 187,100
,
15, 336 149, 821
25,773 291, 441
2,450 11, 861
3,353
15, 988
2, 691
2,378

341
3,116
60
182
70
2,115
5,743
350
176
414
2,156
8,379
6,344
14, 74.1 85.813
1,212
3,024
14, 794 1,721
133
5, 819 3,422
2. 722
85
270,1221,658,589 41,233 92, 253
2,134 27, 9151 2, 057
155
1,996
15, 346
1,205
2,427, 49,157
1,720
555
492
17, 889
410
2,108 24, 005
263
2,902
961 35, 262
917
787
662 40, 343
220
224 52, 750
218
7,463 65, 043
39
1,668
10,670 124,081 3,685 2,686
1,263 24, 691
274
100

120
55
54
1,888
1,220
891
4,228
42, 481
10, 715
12,003
104
2,107
5,389
72, 799
1,071
504
2,673
245
2.987
2,113
644
53
1.165
2,123
220

Public

Industrials

Stocks
of
Federal
Reserve
banks
Forand
eignother
public domesand
tic
private corpoAll
other
rations

32,441
33,333
10, 603
153, 839
37, 364
58, 348
325. 928
271,200
75,134
275, 284
21,483
32, 627
4,280
680,008
4,206
2,683
595
701
2,561
1,483
1,344
361
675
4,111
1,076

5,324
3,:
1,875
15, 034
5,000
4,248
34, 841
159, 317
31, 376
213, 650
4,672
10, 389
2,043
421,447
6, 331
4,110
865
223
1, 747
2,667
3,105
303
944
7,456
1,075

6,123
2,165
784
6,922
536
1,136
17, 666
71, 527
12, 871
26,173
1,270
7,365
578
119, 784
3,005
949
726
187
959
763
646
731
1,111
2, 665
767

Other domestic corporations

Railroads

21,823
28,921
5, 919
246, 746
24, 386
73,415
401, 210
468, 248
91,788
335, 328
16, 276
45, 303
3,788
960, 731
6,476
4,660
1, 578
966
5,609
3.279
3,253
664
998
2,732
1,314

utilities

6,378
8,823
3,337
8,r

7,497
16,489
3,917
71, 530
35, 775
42, 539

2,993
33, 840
64, 252 177. 747
72, 850 215, 967
6,155
19, 522
49.675 120,657
1,586 4,522
2,846 6,125
1,871
1,023

134,135 368, 664
804
4,437
3,807
589
1,979
3
622
33
3, 478
444
1,214
376
1,814
276
105
769
584 2,586
520
7,442
248
575

Stocks
of
foreign
corporations

13
76
464
175

6,270
5,093
266
2
1,134
1
12,766

Kentucky
Tennessee __

..
__ .
__

__ __
_ _

5,081

36,037

10

6,634
5,463
7,037
2,749
6,953
3,024
3,828
4,029

15,164
2,997
19,673
5,582
8,040
4,188
1,266
3,981

16,128
4,544
31,100
3,340
2,934
2,175
887
33,775

34

201,034 196, 744

5,925
1,418

2,334
3,735

27,865
50, 729

1,949
875

2,206
675

678
1,491

6,837
2,132

7,414
1,835

5,602
4,772

2,376
1,122

799, 593

41, 769

157,185

52, 662

36, 469

555, 076

13,832

11, 734

15, 967

40,498

29, 045

39, 200

81,014
22, 578
62,877
89,860
25, 812
23, 655
13,498
49, 639

23,607
9,015
22, 091
35, 209
7,341
12,773
9,236
21,082

22,092
4,795
41, 673
22, 927
2,906
6,842
2,892
10,066

168, 934
53,036
279,160
102, 753
56,101
84, 046
58, 679
96, 355

18, 218
4,716
16, 041
808
924
3,039
2,033
5,347

2,433
921
8,888
12,890
5
1,680
267
4,687

4,751
1,473
8,791
9,699
1,442
1,763
868
7,907

52,145
18,123
55, 359
21,838
31, 032
17,028
6, 374
14,023

35, 619
17, 604
68, 078
16, 861
37, 523
7,814
5,174
12, 361

39, 972
12,157
58, 272
15, 390
39, 588
12, 883
5, 652
12,830

368, 933 140, 354 114,193

899,064

51,126

31, 771

39, 717

60,891

94, 883

52

789
528
2,244
881
1,545
219
3,351
104
1,250

108
44
555
366
41
87
667
155
128

210
160
746
453
1,002
190
1,846
60
385

203
203
750
772
353
162
775
237
1,239

2

85

527
458
1,579
766
1,111
249
3,552
188
827

5,067

2,912

12,898

9,257

10, 911

2,151

5, 052

4,694

4

991
97
3,326
177
114

2,078

794
181
8,806
84

4,781
1,080
18, 425
308
578
177
176

847
1,596
13,178
116
197
667
364

1,382
607
20, 724
184
632
55
168

38

1,692

4,870
2,173
27, 481
484
1,353
177
496

1,871
254
10, 403
162
33

221

5,085
2,286
29, 525
520
641
313
533

1,930
1,242
5,774
10,155
2,295
755
3,063
1 370
6,392

2,077
1,132
5,943
7,133
1,794
903
2,241
824
6,720

223
453
809
4,403
1,200
438
1,730
99
3,777

_._

-

299, 044

17, 779

32, 976

28,767

13,132

179,426

8,512

_ .

130, 069
85, 323
1,029, 734
21,416
26,102
7,974
11, 467

6,461
2,635
19, 236
139
949
11
745

9,998
12, 480
181, 261
3,467
5,084
1,610
4,805

11,452
8,396
35,061
2,292
3,033
1,507
419

2,303
2,810
16, 430
1,372
419
24
186

34,603
21,125
391,977
9, 314
10,866
2,778
5,488

182
295
2,620
1,113
894
54
1,009
599
1,746

1,125
2,972
885

5,771

36,694 215, 922

517
21
50

313

Total Pacific States
1. 312,085 30,176 218, 705 62,160 23, 544 476,151
37, 034 25. 525 16, 965 13,036 23, 752
38. 903
9. 936
4,926 10,058
Total United States (exclusive of possessions)
_ 15, 401, 650 989, 852 1,939, 843 579, 241 491,440 3,990, 280 125, 973 159, 262 142, 536 1,670.162 1, 282, 306 728,668 212, 290 282, 447 705, 777
1
8
157
50
2 591
Alaska
1 771
268
2C
34
115
140
81
Canal Zone (Panama) _ _ .
656
Guam
225
679
143
34, 388
The Territory of Hawaii
147
2 191
580
429
8,811
2 272
2 868
809
112
1,452
Philippines
_ _ _. _ _
7
4,268
1,117
839
20
7,567
131
279
2,677
Puerto Rico
__ .
31
35
1,560
American Samoa
45
29
17
Virgin Islands of the United States. _
54
93
14
113
64
16
Total possessions
1.776
1,015
3,372
2,483
44, 208
3,310
1
724
69
3,605
859
8
429
18,117
Total United States and possessions _
_ ._
15, 445,858 989, 860 1 940 567 579, 670 491, 509 4, 008, 397 125, 974 159, 262 143, 395 1, 672,645 1,285,911 731,978 215, 662 283, 462 707, 553




3

731
927
2,542
788
1,493
400
5,144
71
802

221
409
944
5,844
1,542
257
3,455
626
4,481

6,530
12, 033
22, 337
36,045
9,545
3,972
17, 355
4 702
66, 907

15

108
104
966
591
33
30
159
30
891

12, 797
13,008
60, 634
55, 923
32, 241
9,702
60,066
10, 648
44, 025

- __

Total Western States
Washington
Oregon
.
California
Idaho
, . _ _
Utah
Nevada
_
Arizona

16, 007

8,347
10,308

Total Middle Western States, 3,152, 970 209,096
North Dakota
South Dakota
Nebraska, , _
Kansas
Montana . . .
Wyoming . _
Colorado . .
New Mexico
Oklahoma __. __

2,494
4,820

2,217
2,622

476,85.1 34, 261
219,706 11, 959
1, 278, 459 126, 055
363,039 10,199
215, 713
3,363
217, 975
5,615
76,889
3,277
304, 338 14, 367

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

637
462

64, 561
54, 980

_

2

173

211
13.851

33
38

71
13,922

TABLE N O . 55.—

and liabilities of all active banks in the United States and possessions, Dec. 30, 1939 {includes National, State {commercial), savings, and private banks)—Continued

to
00

[In thousands of dollars]
Capital stock, capital
notes, and debentures

Time deposits

Demand deposits

Deposits of individuals, partnerships
and corporations
O

Location

Maine
New HampshireVermont
Massachusetts
Ehode Island
Connecticut
Total New England
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern StatesVirginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
.—
Alabama.
Mississippi
Louisiana




Capital
Prenotes ferred
and stock
debentures

IndividCom- uals, partnerships,
mon
and corstock
porations

5,897
1,193
~4,~853 7,193
12,693
1,538
7,233

64,187 1,271
11,422
39,686
6,195
727
26,834
7,187
412
100,316 1,167,391 24,797
19,349 131,680
575
37,186 351,259 5,648

1,287

U.S.
States
Gov- and polit- Banks in
ern- ical sub- United
ment divisions States

6,140 35, 747 181, 655 1,781,037 33,430
60,091 43,178 704,450 10,413,012 165,092
), 413,
74,458 679,963 22,148
" ""
600 54, 656
40,712 276,767 2,245, 508 104; 488
181 11,587 150, 775
877
29, 221 328,340 35, 511
4,838 2,615
1,113 1,400
17,300 208,671 1,519
56, 728 142, 742 1,113, 783 14,026, 269 329, 635
6,197
38, 346 235,670 5,751
2,682 2,001
21, 763 130,554 2,723
98 4,430
20, 719 204,067 3,979
510 1,182
517
91,480
7,!"
1,645
847 30,823 227,431 15,192
1,199
21, 646 202, 318 9,471
9,547
18,876 146,012 6,841
95, 511 1,683
6,428
9,291
19, 220 236,431 17,630

Banks
in foreign
countries

Deposits accumuCertifilated
cates of for payment
deposit
of personal
loans

States
Banks
and
ChristPostal political Banks in forin
mas
savsubUnited eign
[savings Open ings
divi- States countries
and
acsions
similar counts
accounts

8,281
8,382
243,993
6,766
225,496
5,781
2,837
134,428
924
94,887 336,157 15, 760 2, 506, 695
16,382 10,400
287 331,426
34,771 37,203
914, 774

2,258
805
494
9,877
4,665
5,146

14
164
163
2,043
48
2,532

163,924 398,847 16,047 4,356,812
492,083 3, 725, 691 778, 3887,148, 615
158,303 40,928 245 1,189,090
158,993 684,294 6,049 2,084,343
4,051
2,712
76,973
41,781 114,641 287 411, 596
65 31,573 319 104,793
855, 276 4, 599, 839 785, 288 11,015,410
231,294
25,386 84,162 "137
108,005
21,765 14,490
85,842
49,081 121, 714
28,773
26,338 10,254
97,011
34,456 99,147
15
75,093
46,053 61,849
179
87, 384
32,464 42,628
162
48,420
29,123 13,697
92,047
62,103 116, 621

23,245
48,242
6,818
124,196
1,105
4,529
1,933
186,823
14,049
10,409
17,226
3,137
16,901
1,302
8,171
18,499
13,959

4,964
6,695
4,232
11,268
1
1, 657
2,789
26, 642
8,545
200
5,
999
917
306
178

495
219
1,316
159
90
5,594 3,450
1,694
2,596 7,832

1,115
557
238
789
661
838

1,157
284
1,316
1,371
860
2,913

49
351
44
779

7,901 1,304
11,854 11,591 4,198
1,467
10, 398 309,
1,030
88,600 130,
4,167 7,198 3,000 15,142 1,186
14, 318 162,161 10,497 69,197 50,705
283
90 1,499
523 1,824
1,039 7,534
638 3,127 3,628
535
502 3,646
259
30, 514 491, 505 14,917 177,890 186, 367
742 2,942 2,019 13, 538 2,465
308
371 1,843
164
521
188 1,326 2,776 2,993 3,470
95
255
974
244
108
403
927 1,602
696 1,151
123 1,927
673 6,935
880
70 1,223 1,495
787 1,824
1,893
170
246
2
518
235
42 2,801
4,594

o
o

P
o
d

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

3,800 10,896
3,162
6,962
9,174
8,876 68, 314
30, 727 15, 700
9,690 4,590
3,846 6,412
28,789
11, 995 10,268
1,925 4,524
5,742
3,868 4,122

81, 635
867,310 38,237
101,687
923
10,496
242,104 6,880
29, 728
222,086 17,565
27, 794
338,175 3,002,661 127,392
130,178 1,104,903 25,640
412,479 18,626
42, 371
168, 752 2, 374, 332 89, 830
667, 713 24,973
57,689
49, 871
360, 716 14, 233
377, 306 2,028
46,487
297,629 4,125
30, 698
719, 520 22,048
77,992

116,094 314,658
29,354
19, 662
26, 525
63,828
33, 269 121,426
522, 319 1,093,828
135, 268 191,943
66, 302
108,346
243,396 934, 949
116,540 123, 769
41,114
78, 306
76, 536 153,088
59,845
75,580
87,116 464, 280

169,014
34, 708
99,851
127,047
2,023 1, 284,489
1,013
993,444
52
263,128
9,266
929,031
1,479
643,101
131
389,086
1,299
297,827
141, 667
232, 461
441
567

33,946
10,694
38, 382
36,189
222,864
68,314
67,065
86,589
16, 335
58, 510
87,347
83, 715
61,173

62,051 80,147 604,038 6, 314, 598 201, 503 883,896 2,072,482 13, 681 3,889, 745 529, 048
12,611
15,816
3,915
2,855
173
39, 388
5,120
869
912
15, 701
18,888
11,698
4,560
474
5,920
45, 004
713 1,435
29,010
2
28, 550
64,644
172, 241 2,889
32, 588
19,492
485 2,214
35, 817
81,853
38,110
201, 744 6,797
41,001
26, 603
3,383
304
8,283
18, 574
11,633
75,132
31,980
7,651
857
139
234
3,406
9,791
5,561
31,224
18,064
2,910
1,141
5,999
39
85, 399
17,089
48, 321
12,222
177, 368 1,416
2,034
Colorado
2,933
2,480
10,108
15, 396
428
2,301
33, 761
574
New Mexico
75,299
225,499 9,172
21,661
51,090
53,108
26, 671
Oklahoma
.
5 1,843
301, 747 130, 965
41
Total Western States.. ... 2,254 14,350 108,890 1,001, 361 21, 887 247,164 253,916
37, 871
49,083 1,570
8,550
225, 778
23, 921
240,065 6,878
756 2,131
Washington
7,743
20,607
22,462
516
110, 586
11,017
143,019 6,180
147
Oregon
792
52, 905
33,621 166, 362 1, 424, 284 101,873 148,816 247, 207 18,119 2,002,149
2,750
California
3,903
334
3,636
17, 324
2,975
25,097
49, 848
1,451
Idaho
2,682
125
8,009
7
18,495
21,475
58, 211
Utah
60, 485
1,103
1,011
1,012
569
5,448
117
14, 878
1,067
17,928
Nevada
118
182
1,247
90
13,328
1,516
45, 535
Arizona
27, 309
2,398
1,203
Total Pacific States
77, 599
5,309 39, 774 216,410 1,981,164 ,689115 261, 889 345, 730 20, 302 2,464,008
Total United States (exelusive of possessions)-.. 141, 358 381, 074 2, 562,951 28,107,090 829, 536 2,934,468 8, 764, 642 837, 382 23, 312, 211 1,170, 544
8,242
991
894
444
504
5,687
875
Alaska
2
Canal Zone (Panama)
83
40
2,529
15
2,216 4,116
Guam
._
36
49
302
25
The Territory of Hawaii
11, 719
250
47, 319
8,281
2,323
9,280
38,013 3,203
28,034
40, 732
10,133
2,352 15, 272
26,264
38,098
Philippines
Puerto Rico
193
808
16, 062
8,795
620
3,132
17, 612 2,329
390
American Samoa
..
27
25
37
77
Virgin Islands of the United
211
4
115
121
States
90
29
3
865
28,283
104,478 10, 242
121
390
Total possessions
113, 573
5,757 16, 374
39,630
41,020
Total United States and
possessions
141, 748 381,195 2, 602. 581 28, 211, 568 839, 778 2, 962, 751 8, 770, 399 853, 756 23,425, 784 1, 211, 564
i Includes U. S. Treasurer's time deposits—open account.




367 3,193 2,184
835
51
477
252
748
676
191
349 1,629
3,271 13, 708 20,742
1,791 13, 235 3,924
794 1,094
2,187
1,472 28,467 4,015
778 1,511 3,286
749 1,352
1,117
218
450 3,173
197
433
506
591 3,722 3,291

24, 366

6,590 50,264 21,499 85,627 30, 595
19
81
16
496
288
12
83
1,595
10
130
101
142
76
101
486
579
309 1,240
281
146
168
27
1,320
46
309
236
453
49
50
155
202
152
106
377 3,031
13
74
185
4,085 3,783
18 2,522
841
606 3,182 3,786
8,757 8,062
12
872
4 1,058
847
5 1,680
355
4,160
281
3,898 53, 259 2,199 188,763 21, 259
79
253
2
150
62
189
136
9
300
79
5
106
50
99
11
32
9
127
54
3,935 56,034 3,869 193,428 23,138

170
397
701
740
439
324
676
67
1,464
4,978

5
4
81

90
84, 704

1

85,127

58,803 18,427
33,829 7,755
60 10, 053
187
37,159
4,356 2,013
2,116 1,600
6,621 3,240
49
202
5,698
1,284

56^770 626,284 69,011 532,406 267,893
242
51
57

664

90
18

567

422

423

19,537
201
2,548
5,834

388
443
606
5,383

3,480
35
1,240
1,592
23,664
10,612
661
5,072
1,706
179
2,725
1,407
2,004

33

26
743
6,859
9,449

165

939

63
17,191

3,400

3,400
9,788

35

2

1

37

1

57, 337 626,449 69, 950 549, 597 267, 930

9,789

567

to

TABLE N O . 56.—Assets and liabilities of active State (commercial) banks, Dec. 80, 1939 l

00

o

ASSETS
[In thousands of dollars]

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




Balances
with other
banks 2

3,055
291
1,072
13,461
4,753
11,405

19,490
1,427
8,635
165,733
38,162
106, 600

1,574
228
1,508
10, 850
11,748
11,977

2,332
440
3,540
7,958
3,388
6,000

520,443

34,037

340,047

37,885

23, 658

8,606

650

2,171

4,540,193
255, 729
605, 399
89 232
143,417
46, 610

174, 818
34,867
66, 261
2,177
8,651
8,267

64,166
30,835
97,000
1,275
2,155
2,709

25, 150
3,558
22, 391
719
456
2,286

48, 892
265
711

27,996
3,038
4,781
291
575
352

24,497 11, 971, 734
1,070,409
3,051
16, 783 2, 513,403
221,973
71
393,474
1,804
178, 858
188

5,680, 580

46, 394 16, 349,851

31
12
34
71
14
76

40,106
8 663
31, 626
223, 344
80 247
135,464

34,388
8 355
21, 583
233, 240
117, 499
105, 378

238

Maine
New Hampshire 3
Vermont
Massachusetts. _ . ._ ._
Rhode Island
Connecticut
^ _
_ _
Total New England States

Interest,
Investments and Custom- commissions, rent,
ers'
other assets
indirectly liability and other
income
represent- on acing bank ceptances earned or
accrued
outpremises
or other standing but not
collected
real estate

Currency
and coin

Number
of banks

Location

Real
estate
owned
other
thanbank
premises

Bank
premises
owned,
furniture
and
fixtures

Loans and
discounts
(including
rediscounts
and overdrafts)

519,450

Investments

287

55

155
2,245
5,684
235

42
1,055
809
210

191
452
7

Other
assets

Total
assets

164
36
267
559
264
258

101,451
19,440
68,428
658,636
263,006
377, 534

1,548

1,488,495

307
139
384
29
114
13

....

2, 690, 284
293 018
639,390
56 819
110,956
60, 862

4, 269,999
422,080
1,015,045
68 943
116, 595
52,867

105, 739
23,968
45, 642
2 446
8,865
4,717

986

3, 851, 329

5, 945, 529

191, 377

295, 041

198,140

54, 560

49, 868

37,033

185,
104
186

139 032
65, 776
131 804
24 203
84, 702
34, 552
35,956
46, 757
53 834
78,198
29 289
119, 516
71,187

61 388
33,065
128 611
21 516
29,481
29 870
30,307
45, 732
51 362
54,688
21 581
60 490
29,969

6,701
5,138
11 205
3,481
5,293
4 329
3,277
5,263
5,371
6,865
2 289
6,100
4,382

68, 889
48, 274
155 936
35. 371
66,957
38,917
37,629
55, 853
67, 653
89,284
41 542
68,712
47,109

8,065
3,575
6,524
1,134
5,186
1,919
1,667
3,039
2,425
4,217
1,330
5,201
4,433

2,806
3,430
1 874
561
4,336
996
1,625
1,138
1,246
1,752
685
3,591
2,617

1 095
1,124
21

2

44
404
563
92
3,485
19
35
513

12
153

284
145
877
48
95
53
166
82
158
48
24
192
68

922
650
1,261
75
407
699
455
638
5,213
396
455
6,695
872

289,184
161,177
438,688
"86,^4
196, 554
111, 749
111, 645
158, 594
190, 765
235,467
97,195
270, 544
161,303

914,806

598,060

69,694

822,126

48, 715

26, 657

7,395

828

2,240

18, 738

2, 509, 259

130
233
119
151
181
116
395
168
317
229
2,514

575
5
53
10
18

to
{2
os
fj£
1
i
M

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
Total United States (exclusive of
possessions)
Alaska
.__.__
Canal Zone (Panama) 3
Guam.
._
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Total possessions

_._

Total United States and possessions.
1
2

444
367
521
370
471
489
538
547
3,747

500, 215
154, 780
290,950
248, 762
169, 340
106,143
213, 962
286,060

495, 641
150, 226
547,193
303,999
172, 805
72, 766
109, 532
349, 397

36,706
13,398
24, 223
22,187
10,440
8,672
16,122
12,961

430, 510
137, 291
510, 320
234, 763
114, 358
45, 954
119, 997
323, 546

29, 662
9,203
13,174
15,953
8,322
3,766
5,036
12, 035

17,805
6,744
4,964
3,029
4,713
1,207
1.319
7,328

4,943
753
1, 389
1,429
662
2
851
1,012

1, 970, 212

2, 201, 559

144, 709

1,916, 739

97,151

47,109

11, 041

118
124
288
492
68
32
67
19
182
1,390

Ohio
Indiana
Illinois-- .
___
Michigan
Wisconsin
__ __
Minnesota
-_
Iowa
Missouri
Total Middle Western States _ _ _

13, 601
17,830
36, 305
82, 957
20, 791
8,666
21, 029
5,237
21,905
228, 321

7,765
10,873
17,054
48, 254
23,071
3,379
17, 708
3,460
16, 786
148, 350

877
996
1,712
3,679
1,592
513
1,945
533
1,549
13, 396

6, 516
13,014
24, 587
54, 456
24, 786
9,451
25, 984
5,815
20, 799
185, 408

730
861
1,239
3,354
964
390
963
157
575
9,233

651
320
197
947
221
45
243
49
51
2,724

95
47
M28
33
46
5
7

28, 278
15,148
561,923
17, 491
38,195
1,224
9,309

21,609
15, 790
574,076
21,137
26, 719
1.262
10,001

1,804
1,372
14, 786
1,362
1,599
139
947

975
542
26,165
705
902
45
295

19
14
121

1,163
539
3,923
1,536
1,091
67
121
2,623
11,063

1, 519,101
473,176
1, 398, 717
832,610
481,844
238,803
466, 995
996, 235
6,407, 481

80
85
81
787
127
5
145
1
371
1,682

30, 276
43, 990
81,196
194, 567
71, 675
22, 449
68, 096
15, 252
62,051
589, 552

62
96
2,001
221
138
1
158

77, 321
44,995
1, 455, 021
55, 636
100, 417
3, 655
29,667

2,677

1, 766, 712

14

5

60

4
172

7
12

4
254

1
53
49
6
282

77
76
3,879

40
26
1,676
13

2
393

4,033

9
31
1,795

82,167

55, 941

50, 841

265
6,121

361

671, 568

670, 594

22,009

24, 364
11, 568
253, 795
14, 640
32, 363
969
8,568
346, 267

29, 629

111
324
16, 671
61
218
6
356
17, 747

9,236

8,155, 686

10, 084, 535

475, 222

9, 291,167

517, 654

316, 035

4,098
276
283
32, 391
115, 606
30 930
42
183,626

3,283
656
225
31,859
16, 229
4 715
91
57, 058

705
661
33
3,683
26, 721
6,707
15
38, 525

2, 333
373
28
12, 908
35, 678
3,763
40
55,123

181

65

3
2,129
2,660
995
1
5,969

2
996
3,168
611
8
4,850

75

6,386

2
49
44
108
2
205

8, 339, 312

10,141, 593

513, 747

9,346, 290

523, 623

320, 885

82,242

62, 327

51, 046

9
52
1
11
6 17
8 13
1
54
9,290

Includes loan and trust companies and stock savings banks.
Includes reserve balances and cash items in process of collection.
3 June 30, 1939.
* Includes trust companies and other financial institutions without deposits.
* Branches of 2 American national banks.
6
Includes branch of an American national bank.
7
Includes trust assets.




13
127
550

2,205
241
2,427
949
112
226
42
1,146
7,348
37
11
7
12
123

251
1
154
3
1

75

1

82,102 29, 111, 350
116
7,301
20
274
7 43, 852
25, 311
76, 874

10, 781
9,267
596
84, 289
244, 223
79, 336
199
428,691

158,976 29, 540, 041

8

Includes 2 American national banks having branches in Puerto Rico.
NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit
Insurance Corporation in its call made as of December 30, 1939, on nonmember insured
banks, have been used in this table in instances where the various items of assets and
liabilities were not available direct from State banking departments.

to

TABLE NO. 56.—Assets and liabilities of active State (commercial) banks, Dec. 30, 1939—Continued

00

to

LIABILITIES
[In thousands of dollars]

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
MississipDi
___
Louisiana
Texas
.._
._
Arkansas.
Kentucky
Tennessee
Total Southern States _




Time
deposits Other
Demand (including deposdeposits
postal
its;
savings)

MortBills pay- gages or
able, re- other
discounts, liens on
Total and other bank
deposits liabilities premises
for bor- and on
rowed
money other real
estate

31,256
3,874
9,976
394,620
70.884
207,974

53,031
12,357
43,623
157,684
144, 081
113,974

1,019
55
268
10,096
1,921
3,054

85,306
16,286
53,867
562, 400
216,886
325,002

718, 584

524, 750

16,413

Acceptances executed by
or for account of
reporting
banks
and outstanding

68
1

201
73
100
215

Interest,
discount,
rent, and
other income collected
but not
earned

41

191
529
7

760
498
155

Interest
taxes, and
other ex- Other
penses liabiliaccrued
ties
and
unpaid

89
42
25
1, 485
2,164
964

75
11.
89
368
403
311

Capital
stock 2

8,789
1,227
9,161
38, 536
13,382
22, 741

1,259,747

589

41

727

1,482

4,769

1,257

93,836

9,060,830 1, 349,877 105,385 10,516,092
7,140
474, 578
461,338
943,056
757,693 12,021 2,036,396
1,266,682
4,389
33, 514
148,197
186,100
1,498
107, 944
235,383
344,825
2,163
66,846
81,873
150,882

7,074
1,908
1,508

2,292
124
378

56,177
265
711

8,386
2,274
1,908
172
693
311

12,009
737
5,845
303
370
465

78,099
2,419
3,694
300
442
312

490,846
69,883
141, 300
9.983
22, 912
11,013

11, 254,303 2, 790, 452 132, 596 14,177, 351

iY

Reserves
and retirement
account
Undi- for preSurplus vided
ferred
profits stock and
capital
notes and
debentures
3,169
3 1,016
1,170
3 36, 509
3 26,321
16,605

2,308
555
1,691
10,497
2,020
6,542

84,790

23,613

17,644

618,190 135,830
28,436 12,168
233,261 36, 429
18, 557
5,634
15, 289
5, 500
10,129
4,355
923,862 199,916

46, 739
9,139
51,973
924
3,428
1,391

10, 505

2,794

57,153

13, 744

19, 729

85,266

745,937

124,745
72,408
295,137
57,673
110,822
66,083
65,793
S3, 786
122,867
170,034
64,470
145, 702
78, 530

122, 592
58, 929
91,254
19,230
52, 516
29, 760
30, 033
44, 527
45,304
29,655
19,613
73,843
58,884

1,897
2,325
6,099
301
954
835
495
629
992
1,931
517
1,374
789

249, 234
133,662
392,490
77,204
164, 292
96,678
96,321
138,942
169,163
201,620
84,600
220,919
138,203

221
196
287

11

2

664
199
902
72
262
36
57
182
199
161
20
308
169

1,363
93
842
92
156
248
99
255
302
397
183
7,054
614

19, 907
14,039
18, 772
4,600
15,691
7,567
8,109
11,168
11,467
20,690
7,400
23,188
13,013

9,749
8,420
14,327
2,742
9,292
4,718
3,786
5,572
5,834
7,614
2,520
12,030
4,188

3,782
2,852
5,408
1,074
3,742
1,258
2,221
646
2,006
3,126
1,741
3,481
3,060

1,468,050

676,140

19,138

2,163,328

2,536

3,231

11,698

175, 611

90, 792

34, 397

328
133
150
155
7
191
67
749
52

33

12
153

1,518
64
1,409
78
1,041
61
95
133
217
139
9
317
575

59

833

5,656

7
8

575
7
53
10
1
20

1,446
229
2,425
7,790
803
4.951

113.594
2,733
1,652
3,676
525
1,697
1,040
800
1,540
1,550
1,521
655
2,453
1,276
21,118

Ohio
Indiana
Illinois
Michigan
Wisconsin
- - -- -Minnesota
Iowa
Missouri
Total Middle Western StatesNorth Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
_
Colorado
New Mexico Oklahoma
.
Total Western States
Washington
._ Oregon
California .
Idaho
Utah
_
Nevada
Arizona
Total Pacific States
Total United States (exclusive of possessions)
Alaska
- _
Canal Zone (Panama)
Guam
"
-_ - - . _
The Territory of Hawaii
Philippines...
Puerto Rico
American Samoa
Total possessions
Total United States and
possessions

624,394
167,627
410,174
416, 302
243, 272
122, 242
164,916
192,732

10,848
3,310
10,442
7,244
4, 564
2,760
5,160
6,406

1, 351,684
419, 746
1, 272,263
745,209
418, 719
210,723
420,408
880,627

244
2
28
27
3
68
46
4,618

24
63
19

5

3, 326, 986 2, 341, 659

50, 734

5, 719,379

5,036

129

15,892
25,199
49,078
123, 301
45, 093
12, 241
37,893
11,018
42, 271

9,569
12,397
19,433
42, 502
18,807
7,191
22,018
2,701
11,096

217
295
460
1,005
619
151
579
97
824

25,678
37,891
68, 971
166,808
64,519
19,583
60,490
13,816
54,191

361, 986

145, 714

4,247

511,947

35, 503
20, 699
473, 529
35,157
47, 583
2,130
13,408

32,082
19,199
796,878
14,424
40, 240
1,074
13,439

713
272
8,298
396
938
29
325

68, 298
40,170
1, 278, 705
49, 977
88, 761
3,233
27,172

62S, 009

917, 336

10, 971

1, 556, 316

310

17, 757,918 7, 396,051 234,099 25, 388,068

19, 259

716,442
248, 809
851,647
321, 663
170,883
85, 721
250,332
681,489

5,786
2.234
21,313
5,021
6,853
1,762
3,676
4,058

633

8,137 '

7, 551

13, 792

368,064

153, 535

80, 522

50. 703

44
31
26
390
12
15
1
78

3,167
3,821
7,684
14, 901
4,086
1,481
3, 258
795
4,123

929
1,048
2,632
8,337
1,808
836
2,341
356
2,310

320
904
1,476
3,363
813
247
1,176
74
1,094

103
251
352
490
327
188
472
208
215

13
6
20
114
61
21
29
22

18
5
2
16
49
8
325
2
11

12

286

436

597

43. 316

20, 597

9,467

2,606

77
76
4, 317

321
4
2,856
68
46
1
12

71
1
1,329
64
60
1
59

45
25
30,078
8
64
107

4,260
2,901
66, 729
2,385
6,300
225
1,073

2, 397
829
39, 037
1,341
3,004
85
1,088

1,428
795
22,327
1,109
1,697
99
130

424
194
9,333
684
484
11
26

4,471

5

• 283

310

3,308

1, 585

30, 327

83, 873

47, 781

27, 585

11,156

63, 829

32, 613

37, 301 142, 937 1, 510, 637 1, 321, 357 375/500

21.6, 821

1

290, 237

17,894, 716 7,. 545, 208 238, 381 25, 678, 305

3,028

1,663
20,922

149,157

13,353
6, 111
20,029
8,535
6,071
3,707
6,602
16,114

7

4, 282

136, 798

40,293
12,028
29,930
19,046
9,640
6,720
12,009
23,869

70

126
2,257
1,839
3

28
29

100,322
31,879
49,456
50,201
39,492
15,381
23, 397
57,936

1

56
8
258
1, 339
2

4,527
2,612
328
39, 721
75,625
26, 249
95

1,770
332
2,662
1, 301
661
45
589
6,432

5

33
33
147

9,329
9,030
413
69, 314
143, 737
58, 252
162

4,774
6,389
85
29,467
65, 855
30,164
64

14
127

3,076
280
1,883
952
221
194
79
866

4

3
224
13
335
4
56, 053
6,859
1

575

315

428

131

25
5, 930
26, 264
3,522
25

35
4,605
8,262
848
5

33
1,639
1,104
413
3

11
2, 355
5, 322
1,052
1

63,488

36, 341

14,070

3,620

8,872

38, 628 206,425 1, 546, 978 1, 335,427 379,120

225, 693

13

1 Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
2
Includes capital notes and debentures. (See classification on pp. 288 and 289.)




3
15

2, 298
500
898
2, 315
180
188
175
1, 583

251
1
236
3
1

265
6,679

3
4

98
924
292

6,944
3,028

10
5
2,034
80
2,129

1,327

70, 773

34, 742

Includes guaranty fund.
Includes trust liabilities.

00
CO

TABLE NO. 56.—Assets and liabilities of active State (commercial) banks, Dec. 30, 1939—Continued

fcO

fin thousands of dollars]
Loans and discounts

Commercial and
Agriculindustrial tural loans
loans

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

Openmarket
paper

Other loans
purLoans to for the purpose of
brokers
chasing or
and
carrying
dealers in stocks, bonds,
securities
and other
securities

.

_.




On residen- On other
tial proper- properties
ties

Loans to
banks

9,400
1,953
3,983
63, 391
10,440
28, 671

Overdrafts

624
8,931
2,170
4,293

5,660
1,666
4,122
19, 580
15,166
9, 514

100

18, 230

10, 022

159, 270

55, 708

209

117,838

46

444, 754
3,987
25, 037
• 4, 248
1,226
179

193,656
10.187
48, 512
7,192
7,244
792

7,828
1,561
7,088
2,185
6,418
65

151, 876
92, 485
146, 055
9,657
23, 751
23,067

116, 228
35.144
50,188
4. 556
6,732
8,758

28, 268
65
288

429. 580
87. 593
167, 804
16,080
41,443
20,679

5,723
21
56
11
11
5

479,431

267, 583

25,145

446, 891

221, 606

28, 636

763,179

5,827

6, 634
4,703
7.611
1,025
4,601
2,669
2,772
2, 935
4,152
2,706
1,222
7,534
3,514

39
40
180

33
21
273
46

58,925
19,153
42,481
10,026
26,977
11,008
10, 915
15. 658
19,400
21,111
7,727
34,317
28,172

15
25
5
22
109
5
118
256
53
194
10
53
66

52,078

866

305,870

931

175
20
55
24, 506
2.591
6,420

1
3,497
19
229

2,041

33, 767

3,891

1, 216, 842
54, 219
181, 279
11, 286
20,129
6,307

14, 681
726
2,314
104
2,014

80,848
7,030
10, 769
1,500
1,973
1,010

19,839

103,130

145

2,212

33,437
13, 748
42,323
5,498
21,960
9,250
7,143
6,836
13, 550
19,500
4,956
26, 640
11,884

2,662
1,437
3,082
1,511
7,017
2,159
6,623
7,883
3,180
24,069
9,132
8,150
8,028

3,298
1,766
8,821
674
375
491
96
244
164
315
435
1,602
377

281
253
1,097
253
490
578
164
197
414
123
75
265
263

1.690
4,925
8,271
702
2,449
914
428
1,395
1,158
1,191
354
3,199
2,182

9,108
3, 669
7,374
1, 204
5, 237
1,507
2,842
6,829
4,768
2,155
1,872
18.493
8,754

22, 943
16, 057
10. 559
3, 288
15, 362
5,971
. 4,853
4,417
6,995
6,801
3. 485
18, 990
7,901

216, 725

84,933

18,658

4,453

28,858

73,812

127,622

98

All other
loans

8,792
3,853
12, 576
58. 346
32, 518
43,185

646
3
517
545
79
251

1,490,062

_.

On farm
land

1,455
99
6,319
577
545
1,027

11, 518
1,069
3,425
43 844
16, 714
41, 858
118,428

-

Real-estate loans

11

15

125"
2
107

5
4
27
5
5

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota _ _
_
. _ _ _
Iowa
Missouri
Total Middle Western States
North Dakota
_.
_
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
1
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
_
Total Pacific States
Total United States (exclusive of
possessions)
Alaska
Canal Zonp, (PariaTna.)
Gnfl/m

The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
__.
Total possessions
Total United States and possessions




101,150
23, 554
85,442
46,315
45,276
11,404
29,331
99, 693

. 12,954
19,152
35,394
14,840
17,622
35,889
75, 594
36,968

4,123
5,087
24,587
7,258
3,452
1,156
4,289
1,694

4,784
40
10,095
872
357
12
545
2,398

12,537
1,866
11, 398
8,857
5,994
494
1,348
7,540

26, 217
17,118
13, 529
12,824
21,142
13,986
40, 683
16,493

156, 639
41, 594
38,180
76, 563
31,636
14, 643
25,153
46, 290

43, 657
9,598
6,529
23, 212
13,388
3,315
5,619
17, 503

174
28
319
189
45
34
121
16

137,920
36,722
65,409
57, 802
30,385
25,158
31, 220
57,324

60
21
68
30
43
52
59
141

442,165

248,413

51,646

19,103

50, 034

161,992

430, 698

122, 821

926

441,940

474

827
1,227
3,012
13,685
2,540
741
5, 428
1,403
2,989

10,178
11, 610
22, 668
36, 813
10, 460
4,578
7,397
1,846
10,418

32
136
512
997
942
26
260
172
39

31
142
285
591
1,309
183
887
55
135

775
1,229
3,703
9,074
664
422
501
131
893

544
1 197
925
6,331
1,748
1,236
2,113
403
810

203
479
219
1,477
502
423
599
211
249

5
9

2

998
1,788
4,943
13,661
2,598
1,047
3,801
1,015
6,340

8
13
31
63
26
10
9
1
30

31,852

115, 968

3,116

125

3,618

17, 392

15, 307

4,362

199

36,191

191

5,278
3,329
100, 459
2,573
8,015
203
1,301

5,060
2,278
19, 415
6,398
6,219
371
1,407

488
72
8,337
343
687

2
4,608
1
227

448
225
23, 457
407
750
4
250

1,204
1,084
25, 325
646
2,099
95
509

6,487
3,503
223, 804
2,165
9,683
173
3,654

2,169
799
94, 685
1,294
4,328
246
1,032

23
15
219
5

7,085
3,830
61, 244
3,631
6,113
128
1,079

36
11
370
28
74
4
2

121,158

41,148

10,002

4,838

25, 541

30, 962

249, 469

104, 553

262

83,110

525

2,420, 390

512, 342

220,319

511, 841

393,864

319,325

1, 429, 257

561,128

31,098

1, 748,128

7,994

3,832
226
68
2 9, 624
2 64, 204
2
5 047
26

20
2

83,027

22

1, 831,155

8,016

7
82
2
34

75

183

1246
47
33
8,038
20,853
12 728
5

1,278
9 396

1
115
1,403
1,943
27
5

50
335

92
282
308

6
9
15, 551
2 032

61
12, 764
10,207
896
6

411
953
496

41, 704

10,674

3,494

385

682

17, 598

24,180

1,860

2,462,094

523, 016

223,813

512,226

394, 546

336, 923

1,453, 437

562, 988

i All real-estate loans.

^Includes amounts reported as overdrafts.

31,098

to
oo
Or

TABLE NO. 56.—Assets and liabilities of active State (commercial) banks, Dec. 80, 1989—Continued

oo

[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government

U. S.
Government
direct
obligations

Location

Other bonds, notes , and debentures

Obliga- U. S. Government corpotions of
rations and agencies, not
States
guaranteed by United
Other and polit- States
Recon- Home Federal
ical
struc- Owners' Farm Government
Other
tion
Mort- corpora- subdiviLoan
Federal Governsions
gage
Finance Corpotions
(includ- Federal interment
Corpo- ration Corpoand
ing warmediate corporaland
ration
ration
agencies rants)
tions
credit
banks

banks

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

--

- --




12,347
2,258
5,809
151, 884
72, 610
52, 629

503
20
533
3,371
1,744
2,890

2,009
533
784
5,025
4,456
7,232

594
517
477
1,724
296
1,439

490
2
227
2,916
1,276
1,973

1,473
797
2,409
15,189
4,284
17,026

other

1,099
23
340
2,504
386
363

18
10
398
367
176

3,307
1,122
1,982
17,131
7,374
6,573

5,066
1,322
5,385
11,800
6,932
3,564

2,912
339
99
4,734
2,397
1,853

969

37,489

34,069

421
25
885

9,061

20,039

5,047

6,884

41,178

1,324

1,331

305,109
14, 742
14,405
1,624
3,153
728
339, 761

314, 289
23, 563
56, 708
6,115
8,589
6,969

116,175
2,133
11,216
281
599
1,632

409,999
• 60,426
110,218
9,223
9,443
1,297

4,214
803
4,587
46
3,126
1,414

51, 588
30
1,655

416,233

132,036

70,807
8,787
8,495
2,410
1,325
470
92,294

600,606

14,190

53, 588

25, 510
11, 508
53, 882
5,511
13,108
11, 594
11,876
5,505
9,067
18,005
7,003

2,423
425
7,772

6,590
2,572
11,851
801
2,132
2,746
387
1,368
4,805
4.100

1,563
691
5,845
389
1,059
1,054
2,549
666
264
1,219
291

532
1,196
2,226
383
390
290
111
194
9
691
606

12,504
8,359
37,692
12,018
5,086
12,095
11,848
36,512
34, 582
26,298
9,282

962
584
1,268
89
73
337
73
32
19
317
71

155

315

555
123

5
90

All

and
agencies

56
1,055
72
71

297, 537

2i 596

Rail- Public Indusroads utilities trials

70

2, 559, 400
213,219
428, 845
31,408
62,392
31, 617
3,326, 881

682
143
28
180
205
213
406

Other domestic corporations

12,334

4,715

12, 766 96,268 93, 826 71,085
6,211 26,883 24,979 14,800
5,373 99,490 81, 799 65,119
3,507
2,116
102
5,938
5,694
4,819
243
7,988
2,452
1,025
2,246
997
25,692 238, 813 210,866 160, 355

24,234
2,580
10,986
1,096
1,549
447
40, 892

2,415
1,527
782
205
653
170
940
122
190
390
193

1,414
669
674
175
606
138
101
497
488
221
504

452
65
2,600
39
50
87
28
38
273
147
183

2,883
1,895
1,394
845
1,636
564
1,282
100
214
345
117

1,786
879
492
671
1,416
289
409
80
155
537
102

Stocks
of
Federal
Reserve
Forbanks
eign—
and
public
other
and
domesprivate tic corporations

Stocks
of
foreign
corporations

1,097
151
1,792
2,906
924
2,776

3,323
1,258
1,611
12,158
14,182
5,928

80
13
69
24
174

9,646

38,460

360

28,869 110, 544
2,413 15, 419
17, 611 98, 325
909
4,166
921
5,305
418
1,155
51,141 234, 914

826
5,092
213
2
1,134

232
151
3
24
229
64
119
68
32
96
42

1,967
2,544
1,575
366
2,236
299
556
366
1,054
2,108
95

7,267

2
4
1

Kentucky
Tennessee
Total Southern States

24,497
6,629
203, 695

2,195
1,863
44,006

3,309

742
202

734
38

320
74

3,334

3,193

2,707

1,822

481

305
18

19, 540

7,572

14,649
16, 866
237, 791

612

641

13,320

4,597

1,540

4,356

14, 854

10,177

10,722

7,790

1,383

1,393
2,151
16, 710

Ohio
Indiana
Illinois Michigan
Wisconsin
..
Minnesota
Iowa
Missouri
Total Middle Western
States

254,037
75, 203
217,095
134,677
59,874
31,741
46,108
174,636

15,125
6,110
2,5,015
6,028
1,851
409
1,175
5,486

46,693
10,840
29,537
38, 5.21
9,154
5,046
7,236
27, 787

10,280
4,257
5,793
6,169
4,238
3,495
6,566
4,309

13,685
2,042
7,332
9,380
1,572
752
1,188
4,792

72,410
20,137
147,992
67,934
31,229
18, 658
29,500
65,021

7,366
1,333
732
476
548
922
1,517
3,271

867

1,855
766
1,745
1,666
875
367
490
3,697

22, 590 14, 250
8,021
7,627
32,567 35,938
12, 624 10,787
18,464 18, 667
2,029
4,088
3,322
4,571
5,956
8,308

16,923
5,778
22,970
9,016
16, 544
3,435
4,147
9,017

4,464
3,079
3,906
2,335
5,217
884
2,767
2,902

5,233
1,175
11, 661
2,458
3,454
904
669
2,611

9,841
3,066
1,625
1,217
1,113
36
259
28, 208

22

993,371

61,199

174, 814

45,107

40,743

452,881

16,165

11
53
237
516
29
101
14

669
155
558
3,438
1,373
343
1,018
245

457
517
1,326
3,814
775
428
874
271

57
158
161
1,381
956
34
55
13

2,341
5,206
3,737
16, 424
4,553
876
5,632
962
10, 429
50,160

53
218
356
347
359
2
140
166

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

3,345
3,801
9,814
21,054
12, 368
1,481
6,307
1 511
4,707
64, 388

678
165

43

500

598

369

1,004

8,299

9,060

3,184




17
3,396
9,073

2

82

1,723

Washington
5,842
77
60
154
803
649
11,417
4,935
32
13
31
1, 305
7,286
671
Oregon
_ __
6,129
385
133,446
17, 332
344,446
7,763
4,352
California
1,356
87
5, 586
3,327
7,850
24
1,861
Idaho
.
114
114
14 514
6,087
2,028
261
910
Utah
299
86
717
15
Nevada
118
25
109
3,080
4,414
3
1,130
Arizona
777
159, 275
8,721
7,733
8,236
25,857
390, 644
Total Pacific States
Total United States (exclusive of possessions). _ 5, 276, 516 432, 581 689, 248 219, 511 158,410 1, 541, 891 38, 776
1 360
Alaska
Canal Zone (Panama)
225
Guam
6,252
429
55
20,018
The Territory of Hawaii7,567
Philippines
4,268
35
1,560
2,677
31
Puerto Rico
45
American Samoa
429
35
15, 379
86
28, 593
Total possessions
Total United States and
5, 305,109 432,581 689, 334 219,940 158,445 1, 557, 270 38,776
possessions -i All other bonds, notes, and debentures.

792
3,285
711
5

2

5,065

71,116

168

428

7

11, 461 110,839

98, 970

87,830

25, 554

28,165

45, 365

22

103
58
76
175
3
20
37
15

204
317
176
235
665
39
1,076
5

168
124
233
311
468
16
696
32

215
184
183
396
773
31
670
9

30
31
110
274
2
14
399
82

89
54
252
92
113
50
616

34
39
19
72
147
16
87
135

2

10
497

6

3

3

2,723

2,051

2,464

20
962

559
204
15, 853
328
198
68
303
17, 513

699
517
14, 299
314
972
14
330
17,145

864
460
8,292
182
364

3
11
1,110
12

517

5,582

245

1,136

87

10,249

44,111 422, 231 373, 278 283, 954

199
37
7,850
67
197
60
59
8,469

1,266
203
167
3,242
71
19
291

3,993

16
565

80
121
4,510
72
424
3
52
5,262

88, 382 95, 594 341,276
i 1, 768
155

2

2

2

7,660

656

904
20

1,713
7

147
1,452

279

1,999

3,369

44,950 423,172 375,940 285,953

91, 751

839

71,116

143
112

2

839

17
941

1,516
1 117

649
809

33
38

131

29

2,662

1,744

71

96, 505 343,020

7,731

911

TABLE NO. 56.—Assets and liabilities of active State (commercial) banks, Dec. 30> 1939—Continued

fcO

[In thousands of dollars]
Capital stock, capital
notes, and debentures

Demand deposits

Time deposits
Deposits of individuals, partnerships, and
corporations

Location

Capital
notes
Preand de- ferred
benstock
tures

Maine
New Hampshire.
Vermont
Massachusetts
Hhode Island
Connecticut
Total New England
States
New York
__
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States.
Virginia--West Virginia...
North CarolinaSouth Carolina..
Georgia
Florida
Alabama
Mississippi
IiOuisiana
Texas
Arkansas

Common
stock

Individuals,
partner- U. S.
ships, and GovernGovern
eorpora- ment
tions

DeposStates,
Banks
its acand po- Banks in in forcumulitical United
eign
Certifi- lated
States counsubdicates for payvisions
tries Savings of deposit ment of
personal
loans

4,516
325
6,461
7,229
1,112
2,887

4,838
1,113
56,128
39
2,682
98
510
1,645
82
20
3,800




24,309
2,874
8,636
317,530
57,117
172, 724

84:
29
60
12, 214
44
1,764

5,485
813
1,236
24,265
10,469
16, 615

620
158
44
40,297
3,070
16,871

22,530
50,091

4,273
902
2,700
31, 307
12, 270
19, 854
71,306

583,190

14,953

58,883

61,060

553
31
235
3,831
1,272
2,733

974
48
2,079

497,459

314
184

51, 038
12,034
42, 593
149, 586
140,047
102,161

8,65*

3,190

287
20, 410 420, 345 6, 053, 053 128, 245 267, 155 2,227, 098 385, 279 855, 236 21, 708
2,564
-~
31, 683 38,200 360, 284 10, 293 68,172 22,350
239 454, 989 3,300
24, 326 116, 974 1, 003, 035 38,107
77, 034 148, 451
55 591, 670 48, 589
28,865
794
3,873
2,420
9.897 141,420
98,162 1,372 1, 587
19, 744 26, 797
18, 074 177, 227 11, 55'
62,106
37 2,554
79,308
225
2,295
9,650
250
76, 669 613,140 7,814,327 188,911 435,984 2,429,411 385,670 2,091,028 75,800 13,879

4,867
3,997
17
727
2,525
4,755
3,016
2,077

15, 001
11, 357
14,677
4,073
14,046
6,840
5,584
6,331
8,431
16,890
5, 323

86,840
56, 639
143, 337
43,108
79,136
52,668
45, 662
65, 639
77,836
140,683
47,878

1,801
90
3,211
105
2,487
287
1,814
321
2,917
1,879
3

9,604 26, 363
5,802
9,877
40,188 108,401
10,936
3,524
12, 394 16,805
11,630
1,498
9,642
8,675
20,345
7,481
35,224
6,875
21,164
6,308
6,825
9,764

137

52,112
62, 669
15, 832
36, 696
25, 675
24, 693
28, 377
29,876
12, 752
12, 800

7,598
5,046
13,455
2,326
12,834
598
4,416
14, 594
10,697
11, 932
5,904

167
698
436
232
155
1,512

Christ
mas
savings Open
and
acsimilar counts
accounts
201
158
62
800
1,476

Postal
savings i

78
42
418

704
4!

sir

4,810

10
557
45^
16;

3,009

5,348

1,644

1,
273, 446
1,
4,009
4,150 66, 641
1,477
3,944
325
1,646
8,830 351,163
378
165
153
54
98
14
7
203
67
71
19

1,123
233
1,171
237
123
139
2
42
526
75

States
Banks
and po- Banks in forin
litical United eign
subdicounvisions States tries

671
979
781
1,631

10
539

4,815

630

69, 226 125, 095
502
7,391
6.669
31. 540
188
1,741
63
1,965

1,547
383
383
120
58
2,371 111, 863 132, 637
1,426
928
2,594
218
447
577
306
1,081
1,718
317
731

6,442
111
2,462
524
534
2,196
71
2
2,806
2,516
18

1,056
167
3,356
39
1,086
125
306
115
98
29

2,881

Kpntuckv
Tennessee
Total Southern States.
Ohio
Indiana
Illinois
Michigan
Wisconsin
]Minnesota
Iowa
Missouri
Total Middle^Western States
North Dakota
South Dakota
Nebraska
Kansas
M^ontana
Wyoming
Colorado
New Alexico
Oklahoma
Total Western States.
W^ashington
Oregon
California
Idaho
Utah
Nevada
Arizona
_
Total Pacific States-Total United States
(exclusive of possessions)- --_

8,876
29,067
9,690
3,846
11, 779
1 925

4, 650
3,351
29, 982
1,032
14, 669
114

3,868

3,079
1,682

60,175

20, 576

912
713
485

10

114,669
63, 657
136,753 1,017, 752

3,744
1,804
20,463

16, 647
8,541
215,956

10,642
4,528
213, 727

568, 208
179,119
675, 890
244,056
142, 318
69,014
187, 816
409, 676

14,828
3,395
11,144
4,420
2,247
262
1,775
14,478

63, 932
60, 028
38, 830
58, 334
17,040
14, 869
53, 071
50, 995

69,021
6,267
125,143
14, 768
9,278
1,576
7,670
206,100

287, 313 2,476,097

52,549

357,099

439, 823

2 245
3 108
6,730
12, 989
3,406
764
2,621
525
4.047
36.435

13.940
17,116
41, 314
82,627
30,418
9,663
31, 447
8,664
32, 876
268,065

23
197
105
1,457
77
18
2
12
124
2,015

1 501
7,481
7,224
35, 940
9,343
2,205
4,761
2,339
8, 650
79, 444

3,529
2,109
49, 668
1,767
5,188
177
1,073
63, 51.1

29, 924
16, 789
355. 748
24, 499
30,167
1,206
10, 595
468, 928

306
305
9,396
244
96
1

4,519
3,094
21, 618
8,870
10, 295
920
2, 712
52, 028

754
511
78, 303
1,544
7,018
3
100
88, 233

44, 321 25, 209
34, 303 19, 334
477, 066 133, 913
38, 674
40,399
31, 455
11, 464
42, 830
53, 529
67, 794
46, 936

1,418 1, 924,494 333, 081

428
405
435
3,277
5,255
355
1,683
3
621
12, 462

18, 538
9,662

70, 223
22,189
45,610
35, 532
27, 599
13,456
20, 318
52, 386

152
453
640
85

240

545. 657
123, 507
362,449
398, 110
196, 622
61, 750
95, 241
141,158

19, 023

121
43
1,393

511
34
4,216

371
548
11, 262

1,756
1, 683
21,121

326
1,347
8,116

8,745
466
4,316
1,287
18
264
737
1,052

1,017
392
622
558
332
38
115
448

6,833
743
4,048
158
500
433
991

1, 434
751
247
1,380
751
1,573
366
982

20, 292
19
6,958
2,315
1,498
4,396
186
497

1,742
1,350
79
1,030
721
692
44
668

16, 885

3, 522

13, 706

7, 484

36,161

6, 326

5
9
50
31

164
98
97
484
268
34
33
32
60
1,270

244
1.103
56
162
793
122
89
6
176

70
48
78
201
143
5
211

2,751

811

2
403
10,843
77
189
20

112
35
14, 573
110
64
5

1,200

11, 534

14, 899

1,200

24, 480 188, 245 163, 419

4,081

1, 228
1, 592

3 238
4,558
5,292
19, 266
13, 330
5, 335
19, 259
2,059
4,596
76, 933

5,853
6,590
13, 882
22, 038
4,251
1,611
2,335
604
5, 899
63, 063

29,158
16, 969
735,118
12, 355
37, 726
966
13,051
845, 343

2,383
1.667
16, 072
1,843
2,040
78
333
24, 416

81

9

328
19
18, 441
10
79

81

9
519

18
18,895

132, 717 169,462 1, 208, 458 12, 628, 359 289, 239 1,199, 394 3, 244, 716 396, 210 5, 912, 323 638, 958

53, 569

139

5
2,254
731
792
2,750

469
1,912
541
717
637
270
71
4.627

1,011

14,311
618
101
48

5,284

15, 078

Alaska
Canal Zone (Panama)
On am
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
.

575

390

25
5,930
26. 264
3,132
25

3,854
2,216
49
23,457
38, 098
17, 612
37

10, 348

133
4,116

2,329

513
2
36
4,814
10,133
8, 795
27

8,464
7
1
8,472

274
15

40

946
2, 352
620

250
15, 272
808

3.446
2,529
302
30, 514
40, 732
16, 062
77
93, 662

3
53
11
60

157
511

1
128
4
5
492

152
247

17, 401 393, 575

924
83
7, 907
28, 034
193

37,141
6,578
4,207 16, 370
85, 323
24, 320
390
35, 951
Total possessions
T o t a l United States
133,107 169, 462 1, 244, 409 12, 713, 682 295,817 1, 223, 714 3, 248, 923 412,. 580 6. 005, 985 676, 099
and possessions
i Includes U. S. Treasurer's time deposits—open account.




25
293
2
34

95
101
139
29
52
5
28
449

55

157
1

53, 992

240

16. 930

35

57

50

561

90
18
165

422
423

35

33

26
596
6,859
9. 449

561

17, 962 393, 740

24, 720 205,175 163, 454

4,081

TABLE N O . 57.—Assets and liabilities of active mutual savings banks, Dec. 30, 1939
O

ASSETS
[In thousands of dollars]

Location

Loans and
discounts
Balances
Number (including Invest- Currency with
of banks rediscounts ments and coin other 1
and overbanks
drafts)

Maine
._
_ ._
New Hampshire2 3
Vermont
_
_. _ _
_
Massachusetts _
_
_
Rhode Island
Connecticut
Total New England States
New York 5 . . .
New Jersey
Pennsylvania
_
__ _
Delaware
.
Maryland
Total Eastern States
Ohio
Indiana
_
Wisconsin
Minnesota
Total Middle Western States
Washington
_.
Oregon
_
_
Total Pacific States
Total United States
1

32
43
8
192
9
72

99,284
29,467
128,049
63, 239
24, 336
28, 715
1,003, 697 1,122,093
51,390
120,646
341,988
353,134

905
577
469
<8,893
1,837
5,852

12,221
14,224
2,826
81, 440
14, 923
55,249

1,256
2,012
781
20,092
1,115
6,161

356
134
24
7
2
12

1, 518,496 1, 847, 542
3,035, 583 2,433, 874
126,642
178,903
86, 895
469, 344
12, 939
30, 945
34, 322
168, 786

18, 533

31,417

36, 591
2,545
1,252
39
979

180, 883
421, 934
21,963
55, 783
1,946
43, 402

2,735
7,571
5,829
146, 601
2,844
48, 573
214,153

74, 537
5,333
10,402
747
1,571

316, 531
37,409
24,283
332
3,642

179

3, 296, 381 3, 281, 852
53, 520
61, 710
11,067
6,511
2,279
2,213
50,567
14,663

41,406
1,274
281
56
125

545, 028

92, 590
1,126
83
88
140

20,801
4,529
212
4,741

1,437

43,486

1,736
462
12
474

382,197
4,322
712
37
915
5,986

4, 924, 528 5,293, 881

62,149

751, 453

125 801

3
4
4
1
12
3
1
4
551

81, 529
26, 704
1,358
28,122

121,001
42, 387
1,099

Includes reserve balances and cash items in process of collection.
2 June 30, 1939.
3
Includes business of 9 guaranty banks.
4
Includes cash items.
s Includes 2 "associations" which possess the characteristics of both a savings bank and
a building and loan association, in that all of the deposits are invested in bonds and
mortgages and each depositor has the privilege of making a mortgage loan.




Real
Bank
estate
premises owned
owned,
furniture other
than
and
bank
fixtures premises

10, 576
4,219
702
5,304

355
2
357

106
7
113
602, 449

Investments and
other assets
indirectly
representing bank
premises
or other
real estate

2,220

Customers'
liability
on acceptances
outstanding

Interest,
commissions, rent,
and other
income
earned or
accrued
but not
collected

79
69

2,220
5,689
649

148
37, 723
1, 744

6,338

39,467

Other
assets

3
221
49
9,032
66
6,772

145,871
215,893
65,304
2,391,848
192, 890
817, 729

16,143

6, 385,431
376,604
649, 881
46,948
252,869

26, 474
317

58
2

o

o

7, 711,733
132,845
22,931
5,375
71, 716

319
4
1

232, 867

423
423

8,616

I

3,829, 535

22, 969
1,416
1,922

167

58

Total
assets

5

77,721

40,038

75,030
2,691

42,941 11,851,856

NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit
Insurance Corporation in its pall made as of Dec. 30,1939, on nonmember insured banks,
have been used in this table in instances where the various items of assets and liabilities
were not available direct from State banking departments.

d

LIABILITIES
[In thousands of dollars]

Location

Maine
New Hampshire
_ _
_
Vermont
Massachusetts
Rhode Island
Connecticut
-Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
Total Eastern States
Ohio
Indiana
Wisconsin
Minnesota
_
Total Middle Western
States
Washington
Oregon
Total Pacific States
Total United States-

Bills pay- Mortgages Acceptances
able, re- or other
Time dediscounts, liens on executed
De- posits (in- Other
by or for
bank
Total
mand cluding
de- 1 deposits and other premises account of
liabilities
dereporting
postal
and on banks and
for borposits savings) posits
other real outstandrowed
estate
money
ing
128,104
193, 389
57,037
2,146,862
177, 506
732,175

128,104
193,389
57,174
2,146,862
177, 506
732,175

2

3, 435,073

3, 435, 210

2

44
54

166

5, 599,150
331,125
602, 800
40,020
225,686

5 599,150
332, 843
602,854
40, 020
225,852

1,840

6, 798, 781

98

6,800, 719

10
1,012

122,067
18, 829
4,692
67, 247

2
12

122,079
19,853
4, 692
67, 247

212, 835

14

70, 880
2,567

5
5

73, 452

137

137
1,674

1,022

73, 447
2,999 10, 520,136

1,287
4,853

1,053
298

80
48
294
2,192
223
962

238

1,411

3,799

6,140

72

6,121
236

5,161
189
103
1
493

72

6, 357

5,947

600

509

385

1,660

19

40
74

216

213,871

528

499

70,885
2,567

10

395
33

117 10, 523, 252

60
238

310
2
Includes guaranty funds.
3 Includes reserves.

2 15,002
187
U43, 777
2 11,159
51,110

6,760
6,730
482
95, 781
2,798
25,681

9,638
724
2, 254
2,998
151
7,503

221, 235 138, 232

23, 268

533, 288 167,183
1,636
35, 327
794
45,067
97
1,000
2 13,698 312,826

74, 528
5, 701
1,063
5,830

628, 380 182, 536

87,122

6,120
2,510
317
4,000

945
288
41
358

1,147
280
50
37

1,876

12, 947

1,632

1,514

25

2 3, 535
2 39

173
45

7
7

3,574

218

14

866,136 322, 618

111,918

600

10
2

i Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).




Interest,
Reserves
discount, Interest,
and retirerent, and taxes, and Other Capital
other exnotes
Undi- ment acother inand
vided
come col- penses liabili- deben- Surplus profits count for
ties
capital
lected but accrued
and
tures
notes and
not
unpaid
debentures
earned

428

25

8,306

10,673

8,641

CO

TABLE N O . 57.—Assets and liabilities of active mutual savings banks, Dec. 30, 1939—Continued

to
to

[In thousands of dollars]
Loans and discounts

Commercial and
industrial
loans

Maine.
New Hampshire-Vermont
Massachusetts.
Rhode Island
Connecticut

_

_
.

18

Openmarket
paper

Real-estate loans

On other
properties

454

8,244

i 27, 742
i 57,031
16, 618
i 972,459
i 45, 998
i 334, 573

1,758

1.725
6,208
1,369
31,238
5,392
7,415

454

8,244

1,454, 421

1,758

44

140

69

216
509

19, 279

113

865

3, 249,004

42,193

4,101

1,534
3

488
2,640
51

22, 728
5,285
1,907
14, 663

1,625
2,009
270

27,145
838
51

3,179

44, 583

3,904

28,034

409
41

2 25, 897
454

862

458
1

80
25

80

__._
-

Total Middle Western States

236

56

_
236

56

1,537

._

Total Pacific States
Total United States




1

22, 914

450
515

i All real estate loans.

74

80

hi

o

O
O

2,100
222
793
35
951

25

Total Eastern States

Overdrafts

53, 347

i 3,033,483
103, 322
i 86,102
2 12, 608
13,489

.__.__

__
__

All other
loans

On farm
land

.

Ohio
- Indiana
Wisconsin. .
Minnesota..

Loans to
banks

On residential
properties

__. ,

Total New England States

Washington
Oregon

Other loans
for the
purpose of
purchasing
or carrying stocks,
bonds, and
other securities

18

254

Loans to
brokers
and
dealers
in securities

.__ _

..

New York
New Jersey
Pennsylvania - Delaware
Maryland . .

Agricultural loans

254

Location

2,104
2

26, 351

862

12, 738

4, 774, 359

48, 717

Includes loans on other properties.

459

—

=

85, 941

hi

M
ft

a

[nvestments
Obligations guaranteed by U. S.
Government

Location

U. S.
Government
Home Federal
direct Recon- Owners' Farm
obliga- struction Loan Mortgage
tions Finance CorCorpora- pora- Corporation
tion
tion

Maine..
47,670
26, 929
Mew Hampshire
14, 293
Vermont
629, 475
Massachusetts
40, 267
Rhode Island
142, 538
Connecticut
Total New England States
901,172
New York
1, 352,174
62,184
New Jersey
154,181
Pennsylvania .
1,836
Delaware
88,052
Maryland
1, 658, 427
Total Eastern States Ohio
21, 209
2,594
Indiana
208
Wisconsin
10, 079
Minnesota__
_
Total Middle Western States. 34, 090
Washington..
18, 459
161
Oregon
_. _
Total Pacific States
18, 620
Total United States
2, 612, 309

Other
Government
corporations
and
agencies

Other bonds, notes, and debentures
Obligations of
States
and
political
subdivisions
(including
warrants)

12, 780 19,375
23, 652 28,044
1,090
2,331
2
32 210, 796 122, 274
14,451 27, 475
59,624 50,620
34 322, 393 250,119

1,688
6,906
1,281
15, 093
3,760
9,164

17,397

37, 892

13,631

9,300

79,293 156, 575
6,613
406
3,677 24, 636
315
15
6,042
626

52,303
440
3,239
8
1,105

362, 771
38,077
64, 403
1,847
1,492

253
2,648

28

1,464

1,137

84,017 194,181

36,042
1,731
4,802
50
4,520
47,145

57,095

468, 590

4,365

1,165

1,187
93
4
213

5,719
737
365
4,751

1,948
413
119
3,259

768
56
2
641

6,413
2,267
1,075
19, 856

425
10
20
835

1,497

11, 572

5,739

1,467

29, 611

1,290

541

4,171

4,253

263

6,594
864

4,171

4,253

263

7,458

70, 768

68,125

619, 792

8, 952

541

103, 452 247, 816

6,808
1,098
1,589
2,058
2,078

32
165
5,693
1,380
2,030

Other domestic corporations

Other
Federal GovernFed- interment
Rail- Public
All
eral mediate corpora- roads utilities Indus- other
trials
land
tions
credit
b a n k s banks
and
agencies

139
50
10,128
4,167
2,913

5,961
25
7,868 i 2,933
1,025
77, 532
183
2,698
19,049
114,133 3,141

i All obligations of U. S. Government corporations and agencies, not guaranteed by
United States.




U. S. Government corporations and agencies,
not guaranteed by
United States

69
2,202
1,580
3,851

92
1,110
94
1,695
2,991

5,226

254
3,823

5,635
50
130
1,746

10, 342

7,561

10

2,159

10

2,159

2,107
16
2,123

6,265

20
348
373

156
156

3,595
7,413
608

3,613
14, 731
1,983
47, 716
1,677 21,003
29, 739 35,257
43, 032 124,303

8,949
395
1,207
10,551

5

5

9,994
33
8
175
5
10, 215

4,940

1,265
53

3,232

705
235
16
895

876

8,458

1,851

5,816

13
1,331

2,717
58
2,775

352

595

10

352

595

10

4,268 728, 445 492, 377 66, 859

73, 692

3

1,168

7,999

2 41,641
243.671 99, 410
9,134
487
32, 557 26, 919
7,333
77, 507 65, 658 50,073
109
126
8,412 17, 657
5,273
31, 404 22, 930 1,949
393, 551 232, 574 52, 635 63, 490

5

3

4,485
1,484
311
1,582
15
122

Stocks Stocks
of
of
domes- forFortic
eign
eign- corcorpublic pora- poraand
tions tions
private

59,994 135, 859

5

«Includes obligations of U. S. Government corporations and agencies, not guaranteed
by United States.

CO

TABLE N O . 57.—Assets and liabilities of active mutual savings banks, Dec. 30, 1939—Continued

to
CO

[In thousands of dollars]
Demand deposits

Time deposits
Deposits of individuals, partnerships, and corporations

IndividBanks
States,
uals,part- U. S. and polit- Banks
in
in
nerships, Govern- ical sub- United foreign
and cor- ment divisions States counporations
tries

Location

Maine
- _New Hampshire
Vermont
- -Massachusetts
Rhode island
Connecticut

-__

-

___ _

1

18

127,905
192, 346
56,544
2,142, 827
177, 311
730, 237

12

2

199
1,043
44
4,035
195
1,938

33

378

24

118

1

18

3,427,170

12

2

7,454

33

378

24
11

5, 592,016
330,382
602,042
39,926
225,090

11

18

6, 789,456

10
535

375

102

121,831
18, 233
4,601
67, 241

545

375

102

211,906

1,656

18

166

Total Eastern States
Ohio
Indiana
Wisconsin
Minnesota

118

.

Total New England States
New York
New Jersey
Pennsylvania - .
Delaware
IVIaryland

- -

Total Middle Western States..

1,822

Washington
Oregon




7 134
621
758
16
449

2

96

39

78
97

24

8,978

41

271

187
225

58

49
9
73
6

304
4

14

412

58

137

308

14

13

70,880
2,482

2,485

1

411

102

10,501,894

11

85
85

73,362

Total Pacific States
Total United States

Savings

States
Deposits
Postal and polit- Banks in Banks in
foreign
Certif- accumulat- Christmas
savings ical sub- United countries
Open
savings
icates ed for paydivisions States
of
ment of and similar accounts
accounts
deposit personal
loans

424

84

16, 569

382

663

120

and liabilities of active 'private banks, Dec. 80, 1939

TABLE N O . 58.—.

ASSETS
[In thousands of dollars]

Location

Connecticut
New York
New Jersey 2
Pennsylvania __
Total Eastern States
South Carolina
Ohio
Indiana... _ _ _ _ _
Total Middle Western States..
Kansas
Total United States
1
8

Loans and
discounts
Number (including Investof banks rediscounts ments
and overdrafts)

Balances
with
Currency
and coin
other
banksi

Real
estate
owned
other than
bank
premises

Interest,
Investments
and other
Customers' commissions,
rent, and
assets inliability
other indirectly rep- on acceptresenting
ances out- come earned
or accrued
bank prem- standing
but not colises or other
lected
real estate

Other
assets

Total
assets
o

4

401

266

46

119

11

527

9
1
18

55,860
15
6,610

498,617
12
47, 908

3,832
2
796

188,600
1
20,836

125

3,676

1,831

50
36
408

28

62,485

546, 537

4,630

209, 437

1,956

494

3,676

1

564

64

24

366

13
15

2,108
1,667

590
1,118

100
139

710
1,640

59
49

102
85

2

1
1

3,670
4,701

28

3,775

1,708

239

2,350

108

187

2

2

8,371

1

3

6

5

3

62

67, 228

4,945

212, 277

2,078

1,237

3,678

10, 248

864,103

a

Insurance Corporation in its call made as of Dec. 30,1939, on nonmember insured banks,
have been used in this table in instances where the various items of assets and liabilities
were not available direct from State banking departments.

d
d

548, 575

Includes reserve balances and cash items in process of collection.
Includes figures for 1 branch of a New York bank.
NOTE.—Estimated amounts, based on classifications reported to the Federal Deposit




Bank
premises
owned,
furniture
and fixtures

6
10, 533
2,255
12, 788

1,049

1,376

374
9,866

1,049

762, 716
66
90, 510

Q
O

10, 240

853, 292
!, 292

^

29

1,047

P

17
12, 788

1,049

3
Q

fcO
CO
Cm

and liabilities of active private bp,nks, Dec. 80, 1939—Continued

TABLE NO. 58 —

LIABILITIES
[In thousands of dollars]

Demand
deposits

Location

Bills
Mortgages
Acceptpayable,
ances exor other
rediscounts, liens on cuted by or
Other Total
for account
bank
depos- deposits and other
liabilpremises of reporting
its i
bank and
ities for
and on
borrowed other real outstanding
money
estate

437

_ .

Total Eastern States
South Carolina
Ohio
Indiana
Total Middle Western States..
Kansas
Total United States _
1

294

731

97

572 665,710
5
163 77,211

1,450

11

65,022

7,594
5
12,026

722. 566

19,625

735 742,926

1,648

483~

123

Other
liabilities

2

242

55

104

129

2,031

25,800

33,010
57

21

21,966
4
628

21

22,598

78

6

11

14,892

78

135

44 U0,041
2,075

8
6

3,012
4,217

2

4,713

2,502

14

7,229

2

749 751,494

33,067

41

1,745

156
2

14,892

78

137

Includes surplus and undivided profits.

8
3
O

2

293
216

204
178

158
84

1
4

2

509

382

242

5

5
408

22,603

2
22, 544

Reserves

10

1,492
1,010

2

35,841
400

1,512
3,201

728,201

Capital Surplus Undivided
stock
profits

O

606

12,510
2,382

198

Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).




Interest,
Interest,
discount,
rent, and taxes, and
other exother income col- penses aclected but crued and
unpaid
not earned

145

657, 544

Connecticut
New York
New Jersey
Pennsylvania -

Time
deposits
(including
postal
savings)

2,079

37,002 1 33,509

W
o

Loans and discounts

Location

Connecticut
New York
New Jersey
Pennsylvania
Total Eastern States
South Carolina
Ohio..
Indiana
Total Middle Western States
Kansas
Total United States
1

Commercial and
industrial
loans

Agricultural
loans

Loans to
brokers
and
dealers in
securities

Openmarket
paper

Other loans
for the
purpose of
purchasing
or carrying stocks,
bonds, and
other securities

Real-estate loans
On residential
properties

On farm
land

On other
properties

Loans to
banks

All other
loans

Overdrafts
o

i 193

110
32,315

13

1,776

10, 510

2,313

24

43

2,052

75

101

58

838

37

34, 367

88

1,877

10, 568

3,151

61

98

2,636

12

710

151

10,196

1,316

6

1

1

549

2

i 702
202

46

749
425

1

254

5

7,560

667

2
15
134

254

904

46

1,174

1

656
323

410

7

323

410

7

656

1, 304

8

3
34,800

503

1,884

10, 568

3,807

321

1, 808

198

12, 020

1,319

All real estate ioans.




Q
c!

to
CO

TABLE NO. 58.—Assets and liabilities of active private banks, Dec. 30, 1939—Continued
oo

[In thousands of dollars]
Investments

pi

Obligations guaranteed by
U. S. Government

Other bonds, notes, and debentures

Obliga- U. S. Government corporations of
tions and agencies, not
U. S.
States
guaranteed by United
Governand
States
Other
Recon- Home Federal Govern- political
ment
struc- Owners' Farm
direct
subdiment
tion
obligaMortOther
visions
Loan
corpo- (includtions Finance Corpogage
rations ing war- Federal Federal GovernCorpo- ration
Corpointerment
and
ration
ration agencies rants)
mediate
corpoland
credit
rations
banks
banks
and
agencies

Location

Connecticut
New York
New Jersey, _.
Pennsylvania

Railroads

Public Indusutilitrials
ties

Total Eastern States

Total Middle Western
States

All
other

W

§

17

5,339

295

6,640
6
1,921

2,859

415

8,567

5,339

13, 526

10, 553

1

23,749

43, 235

652

450

420

2,412

4,449

2,584

2,564

28,151

671

4,498

877

591

2,587

106

1

89

3,113

2,637

2,011

410,145

14,197

15, 051

878

24,340

45, 822

758

451

509

5,525

7,086

4,595

13

8

43

Stocks
of
foreign
corporations

49
6
360

381,994

South Carolina
Ohio
Indiana

n

Stocks
of other
For- domese i g n - tic corpublic poraand
tions
private

97

152

_

Q

Other domestic corporations

332
543

58

10
91

5

158
261

4
6

1

6

17
32

7
38

15
14

39
36

5
11

58

101

5

419

10

1

6

49

45

29

75

16

19

15,109

979

24, 345

46,436

768

452

515

5,574

7,131

4,624

3,039

431

8,616

w

3
16

875

Pi
O

a
pi

Kansas
Total United States




411,020

14,197

5,339

Q

Time deposits

Demand deposits

Individuals,
partnerships,
and
corporations

Location

Deposits of individuals, partnerships, and corporations
U.S.

Government

States
and
political
subdivisions

Banks
in
United
States

Banks
in
foreign
countries

Savings

Deposits
Certif- accumulated
icates for payment
of
deposit of personal
Joans

Christmas
savings
and
similar
accounts

States
Postal
and
sav- political
Open ings
subacdivisions
counts

Banks
Banks
in
in
United foreign
States countries
Q

Connecticut . .
- - -New York
New Jersey
Pennsylvania
_
Total Eastern States

437
491, 510

76

81, 622

58, 581

237

6,204

550, 091

South Carolina
Ohio
Indiana

294

313

87, 826

84, 336

84, 336

1,717
5
4,334

1,111
1,157

2

6,382

6,056

2,268

2

6,382

415
._ _ .

Total Middle Western States. .
Kansas
Total United States




6S

1,299
2,557

213
644

796
456

857

1,252

3,641

417

250

4,095

155

417

250

o
o

1, 250

7,602

4
151

696
554

3,856

4,095

123

3

2
554, 801

1,238

87,826

84, 336

2

6,382

4,095

155

417

250

o

CO
CO

TABLE N O . 59.—Assets and liabilities of all active banks other than national, Dec. 30, 1939 {includes State (commercial), mutual savings, and
private banks)
ASSETS
fin thousands of dollars]

Location

Maine
New Hampshire 2
Vermon t
Massachusetts

Rhode Island
Connecticut

Total New England States.
New York
New Jersey
Ponnsylyania
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




Loans and
discounts
Number (including
of banks rediscounts
and overdrafts)

Investments

Currency
and coin

Balances
w i t h other
banksl

Bank
premises
owned,
furniture
and
fixtures

Real
estate
owned
other than
bank
premises

2,830
2,240
2.289
SOl 942
12,863
18,149

5,067
8,011
9,369
154, 559
6,232
55, 100

Investments
and other
assets indirectly
representing
bank premises or
other real
estate

Interest,

Customers' commissions,
liability
rent, and
on accept- other income
ances outearned or
standing
accrued but

Other
assets

Total

not collected

55
42
263
23
152

69, 573
71,902
60, 341
1,227,041
131, 637
477, 853

133, 672
136, 404
45,919
1,355, 333
238,145
458, 778

598

2,038, 347

2, 368, 251

52, 616

521,049

69, 313

238, 338

10, 826

450
164
409
31
126
13

5, 781, 727
419, 675
732,895
69, 758
145, 278
60,862

7, 202, 490
600, 995
1,532,297
99, 888
285, 381
52, 867

146,162
26, 515
47,690
2, 485
9,844
4,717

5,150, 727
277,693
682,018
91,178
186, 819
46, 610

249,480
40, 200
78, 494
2,924
10, 222
8,267

380, 747
68, 280
121, 691
1,607
5.797
2,709

34,515
4,207
22,391
719
456
2, 286

59, 425
265
2,966

66, 768
4,782
4,781
291
575
352

47, 840 19,119, 881
4,467 1,447.079
28, 571 3, 253, 794
268, 921
71
646,343
1,971
178,858
188

237,413

6, 435,045

389, 587

580,831

A, 574

62, 656

77, 549

83,108 24,914,876

8,065

1, 095
1,124
21
44
404
563
92
3.485
19

7, 395

3,960
868
1,541
22, 354
6,500
17, 303

31,711
15, 651
11,461
247,173
53, 085
161,968

7,210,195

9, 773, 918

185
104
186
131
233
119
151
181
116
395
168
317
229

139,032
65, 776
131, 804
24, 767
84, 702
34, 552
35, 956
46, 757
53,834
78,198
29, 289
119,516
71,1S7

61,388
33, 065
128, 611
21, 580
29,481
29, 870
30, 307
45, 732
51, 362
54, 688
21, 581
60, 490
29, 969

6,701
5,138
11, 205
3,505
5,293
4,329
3,277
5, 263
5,371
6,865
2, 289
6,100
4,382

48, 274
155,936
35, 737
66,957
38,917
37, 629
55,853
67, 653
89, 284
41, 542
68,712
47,109

3, 57*
6,524
1,134
5,186
1,919
1,667
3,039
2, 425
4,217
1,330
5,201
4, 433

2,806
3,430
1,874
590
4,336
996
1,625
1,138
1,246
1,752
685
3,591
2,617

2, 515

915, 370

598, 124

>9, 718

822.492

48, 715

26, 686

1,193

287
2. 375
2.245
5, 684
235

35
513

55
191
452
7
650

575
5
53
10
18
12
153

121
1,055
878
210
2,319

167
257
316
9,591
330
7, 036
17, 697

247,322
235,333
133, 732
3,050, 484
455,896
1,196, 639
5, 319,

406

284
145
877
48
95
53
166
82
158
48
24
192

922
650
1,261
75
407
699
455
638
5,213
396
455
6,695
872

289,184
161,177
438,688

2,240

18, 738

2, 510. 306

87, 441
196, 554
111, 749
111, 645
158, 594
190, 765
235,467
97.195
270, 544
161. 303

Ohio
.
Indiana
Illinois
._
Michigan
Wisconsin _
Minnesota
Iowa_ _ - -_
Missouri

1,655, 616
500,808
1,398, 717
832, 610
487,219
310, 519
466, 995
996, 235

550

7,348

11,384

6, 648, 719

37
11
7
12
123

30, 276
43,990
81,196
194, 584
71, 675
22,449
68,096
15, 252
62,051

557, 941
157,855
547,193
303,999
175, 018
123, 333
109, 532
349, 397

38,080
13,818
24, 223
22,187
10, 496
8,797
16,122
12, 961

441, 796
143,150
510,320
234, 763
115,060
51, 258
119, 997
323, 546

30,847
9,335
13,174
15,953
8,410
3,906
5,036
12,035

22, 229
7,541
4,964
3,029
4,750
2,122
1,319
7,328

4,943
813
1,389
1,429
662
2
851
1,012

251

2,055,516

2,324, 268

146, 684

1, 939,890

98, 696

53, 282

11,101

118
124
288
493
68
32
67
19
182

13,601
17,830
36,305
82, 960
20, 791
8,666
21, 029
5,237
21, 905

7,765
10,873
17,054
48, 254
23, 071
3,379
17, 708
3,460
16, 786

877
996
1,712
3,685
1,592
513
1,945
533
1,549

6,516
13. 014
24, 587
54,461
24, 786
9,451
25', 984
5,815
20, 799

730
861
1,239
3,357
964
390
963
157
575

651
320
197
947
221
45
243
49
51

19

1,391

228, 324

148, 350

13, 402

185,413

9,236

98
48
128
33
46
5
7

55, 042
16, 506
561, 923
17, 491
38,195
1,224
9,309

63, 996
16, 889
574, 076
21,137
26, 719
1,262
10,001

2,266
1,384
14, 786
1,362
1,599
139
947

28, 893
11, 780
253, 795
14, 640
32, 363
969
8,568

365

699, 690

714,080

22, 483

9,849

13,147, 442

15,926,991

9
2
1
11
17
13
1

4,098
276
283
32,391
115, 606
30,930
42

3,283
656
225
31,859
16,229
4,715
91

54

183, 626

9,903

13, 331,068

154
3
1

Western

North Dakota
South Dakota
Nebraska
Kansas
M^ontana
Wyoming
Colorado
New M^exico
Oklahoma
Total Western States

Utah__
Nevada
Arizona

1,481
540
3,923
1,536
1,091
69
121
2,623

555,843
167, 514
290,950
248, 762
171, 619
120,806
213,962
286.060

3,787

-__

Total Middle
States

Washington _
Oregon
California
-_Idaho

13
127

2,205
241
2,427
949
112
226
42
1,146

460
386
521
370
475
490
538
547

_ _ _ _ _ _
.

__

,__

Total Pacific States
Total United States (exclusive of possessions)
Alaska
Canal Zone (Panama).
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa_
Total possessions
Total United States and
possessions
_. _

14

5

4

7

4

80
85
81
787
127
5
145
1
371

2,724

172

12

254

1,682

589, 569

1,330
544
26,165
705
902
45
295

217
331
16, 671
61
218
6
356

1
53
49
6
282

77
76
3,879

463
26
1,676
13
9
31

66
97
2,001
221
138
1
158

152, 351
47,686
1 455,021
55, 636
100, 417
3,655
29, 667

351,008

29, 986

17, 860

393

4,033

2,218

2,682

1,844,433

542,316

10,254,897

645, 533

919, 721

94,461

68, 729

91,928

705
661
33
3,683
26, 721
6,707
15

2,333
373
28
12, 908
35, 678
3,763
40

181

65

3
2,129
2,660
995
1

2
996
3,168
611
8

57,058

38, 525

55,123

5,969

15, 984,049

580, 841

10,310,020

651, 502

i Includes reserve balances and cash items in process of collection.




14
121

60

1

2

2
49
44
108
2

75

265
6,121

4,850

75

6,386

205

924, 571

94, 536

75,115

92,133

2 June 30, 1939.

135,291 41,827,809
116
7,301
20
274
43, 852
25, 311

10, 781
9,267
596
84,289
244,223
79. 336
199

76,874

428, 691

212,165 42,256,000

o

TABLE NO. 59.—Assets and liabilities of all active banks other than national, Dec. 30, 1989 {includes State {commercial), mutual savings, and
private banks)—Continued
LIABILITIES
[In thousands of dollars]
\i

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

Time
deposits Other
(including depospostal
its^
savings)

Total
deposits

31,256
3,874
10,113
394,620
70,884
208,411

181,135
205, 746
100,660
2,304, 546
321, 587
846, 443

1,019
55
268
10,096
1,921
3,054

213,410
209,675
111, 041
2, 709,262
394,392
1,057, 908

719,158

3,960,117

16,413

Demand
deposits

Location

Bills payable, rediscounts,
and other
liabilities
for borrowed
money

Mortgages
or other
liens on
bank
premises
and on
other real
estate

Acceptances executed by
or for
account of
reporting
banks and
outstanding

203
73

68
1

100
312

Interest,
discount,
rent, and
other income collected but
not earned

186

191
529
7

998
498
155

Interest,
taxes, and
other expenses
accrued
and
unpaid
89
42
85
1,485
3,217
1,262

Other
liabilities

155
59
383
2,560
626
1,275

10,076
1,227
14,014
38, 536
13,382
22, 983
100, 218

4,695,688

688

186

727

1,720

6,180

5,058

9, 718,374
463,012
1,331, 704
148,197
235, 549
81,873

6, 956, 621 105,957 16,780,952
805, 708
7,184 1, 275, 904
1,372, 519 12, 238 2, 716,461
73, 534
4,389
226,120
333, 630
1,498
570, 677
66, 846
2,163
150,882

8,524
1,908
1,706

2,303
124
378

68, 687
265
3,093

8.464
2,346
1,908
172
693
311

18, 259
973
5, 851
303
370
465

85, 291
2,608
3,841
301
935
312

11, 978, 709

9,608,858 133, 429 21, 720,996

9,068
3,169
7,285
16,018
2,173
1,357
180,286 106, 278
4,818
37,480
67, 770 32,327

11,084
953
4,679
10,788
954
12, 454

306,080 161,949
516, 646 1,184,488 303, 034
70,483
63,820 13,804
151,341
278,328 37, 223
5,731
9,983
19, 557
22,912
28,987 18,326
4, 355
11,013
10,129
782, 378 1, 585,309 382,473

143, 233
14,844
53,664
6,754
3,428
1,391
223,314

40, 912

12,153

2,805

72,045

13, 894

26, 221

93, 288

122, 592
58, 929
91,254
19,353
52.516
29,760
30,033
44, 527
45,304
29, 655
19, 613
73,843
58,884

1,897
2,325
6,099
301
954
835
495
629
992
1,931
517
1,374
789

249,234
133,662
392, 490
77, 810
164,292
96, 678
96,321
138, 942
169,163
201,620
84, 600
220,919
138,203

221
196
287

11

2

664
199
902
72
262
36
57
182
199
161
20
308
169

1,363
93
842
92
156
248
99
255
302
397
183
7,054
614

19,907
14,039
18, 772
5,000
15, 691
7,567
8,109
11,168
11,467
20, 690
7,400
23,188
13,013

9,749
8,420
14,327
2,742
9,292
4,718
3,786
5,572
5,834
7,614
2,520
12,030
4,188

3,782
2,852
5,408
1,115
3,742
1,258
2,221
646
2,006
3,126
1,741
3,481
3,060

2,733
1,652
3,676
525
1,697
1,040
800
1,540
1,550
1,521
655
2,453
1,276

1,468, 533

676,263

19,138

2,163, 934

717,964

747,953

10,858

1,476, 775

124,745
72,408
295,137 _
58.156
110,822
66,083
65, 793
93,786
122,867
170,034
64,470
145,702
78,530

Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States. _

15

Capital
stock 2

Reserves
and retirement
account
for preUndiferred
Surplus vided
profits stock and
capital
notes and
debentures.

Ohio




33

12
153

1,518
64
1,409
78
1,041
61
95
133
217
139
9
317
575

2,536

59

833

5,656

3,231

11,698

176,011

90,792

34,438

21,118

244

24

251

2,298

3, 587

2,155

102,275

46,617

14,456

6,934

328
133
150
155
7
191
67
749
52

575
7
53
10
7
1
20
8

CO

o

to

187,466
410,174
416,302
247,964
189,489
164,916
192,732

3,328
10,442
7,244
4,564
2,760
5,160
6,406

443,816
1, 272,263
745,209
423,411
277,970
420,408
880,627

2
28
27
3
68
46
4,618

63
19

5

3,332, 721

2, 556,996

50,762

5,940,479

5,036

129

15,892
25,199
49,078
123, 303
45 093
12,241
37,893
11,018
42,271

9,569
12,397
19,433
42, 502
18 807
7,191
22,018
2,701
11,096

217
295
460
1,005
619
151
579
97
824

25,678
37,891
68,971
166,810
64 519
19, 583
60,490
13,816
54,191

361,988

145, 714

4,247

511,949

35,503
20,J599
473, 529
35,157
47, 583
2,130
13,408

102,962
21,766
796,878
14,424
40, 240
1,074
13,439

718
272
8,298
396
938
29
325

139,183
42,737
1,278, 705
49,977
88, 761
3,233
27,172

628,009

990, 783

10,976

1,629, 768

310

Total United States
(exclusive of possessions)
18,489,118 17,938,731 234, 965 36,662,814

21,006

-.
. . . . _.

Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
IVTontana
"W"yoming
Colorado
New Mexico
Oklahoma
Total Western States..
TV^ashinston
Oregon
California
Idaho
Utah
Nevada
Arizona

.
.._

Total Pacific States

Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa
Total possessions

4,774
6,389
85
29,467
65,855
30,164
64

4,527
2,612
328
39,721
75,625
26,249
95

136,798

149,157

Total United States
18,625,916 18,087,888
and possessions

334
2,662
1,301
701
119
589
6,432

32,095
49,456
50,201
39,708
15, 381
23, 397
57,936

14,716
29,930
19,046
9,957
10,720
12,009
23, 869

6,483
20,029
8,535
6,112
4,065
6,602
16,114

2,518
21,313
5 021
6,903
1 799
3,676
4,058

3
15

8,137

8,081

14,293

370,449

166,864

82,396

52,222

44
31
26
390
12
15
1
78

3,167
3,821
7,684
14,911
4 086
1,481
3,258
795
4,123

929
1,048
2,632
8,342
1 808
836
2,341
356
2,310

320
904
1,476
3,363
813
247
1,176
74
1,094

103
251
352
490
327
188
472
208
215

5

13
6
20
114
61
21
29

7

33
33
147

22

18
5
2
16
49
8
325
2
11

12

286

436

597

43,326

20,602

9,467

2,606

77
76
4,317

321
4
2,856
68
46
1
12

81
1
1,329
64
60
1
59

440
58
30,078
8
64
107

4,285
2,901
66, 729
2 385
6,300
225
1,073

5,932
868
39,037
1 341
3,004
85
1,088

1,601
840
22,327
1 109
1 697
99
130

431
201
9,333
684
484
11
26

4,471

3,308

1,595

30, 755

83,898

51,355

27,803

11,170

78, 721

33,001

45, 744 155,689 1, 556,280 2, 221,002 698, 526

351,342

1

70

283

5

310

1

126
2,257
1,839
3
4,282

290,237

1,663

239,247 36, 953,051

22,669

3,184

56
8
258
1,339
2

3
224
13
335
56,053
6,859
1

575

315

428

131

25
5,930
26,264
3,522
25

35
4,605
8,262
848
5

33
1,639
1,104
413
3

11
2,355
5,322
1,052
1

63,488

36,341

14,070

3,620

8,872

47,071 219,177 1, 592,621 2,235,072 702,146

360,214

13

* Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).




280
1,883
952
240
194
79
866

1
236
3
1

4

9,329
9,030
413
69,314
143, 737
58,252
162

28
29

14
127

500
898
2,315
180
188
175
1,583

633

253,022
851,647
321,663
170,883
85,721
250,332
681,489

Indiana
Illinois.
Michigan
Wisconsin
Minnesota
Iowa
Missouri

265
6,679

2

98
924
292

6,944
3,184

10
5
2,034
80
2,129

1,327

85,665

35,130

Includes capital notes and debentures.

(See classification on pp. 308 and 309.)

CO
O
CO

TABLE N O . 59.—Assets and liabilities of all active banks other than national, Dec. 80, 1989 {includes State (commercial), mutual savings, and
private banks)—Continued
[In thousands of dollars]
Loans and discounts

Location

Maine..
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut.
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama..Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States




Commercial and
industrial
loans

Agricultural
loans

Openmarket
paper

Loans to
brokers
and dealers
in securities

Other loans
for the
purpose of
purchasing
or carrying stocks,
bonds, and
other securities

145

2,212
1,078
8,931
2,170
4,293
18, 684
195,969
10, 231
49, 350
7,192
7,313
792
270,847
1,690
4,925
8,271
702
2,449
914
428
1,395
1,158
1,191
354
3,199
2,182
28,858

646
3
535
545
79
251
2,059
14, 694
726
2,389
104
2,014

175
20
55
24,506
2, 591
6,420
33,767
82, 624
7,030
10,870
1,500
1,973
1,010

1, 524,454
33, 437
13, 748
42, 323
5,498
21,960
9,250
7,143
6,836
13, 550
19, 500
4,956
26, 640
11,884

19,927

9,132
8,150
8,028

105,007
3,298
1,766
8,821
674
375
491
96
244
164
315
435
1,602
377

1
3,497
19
229
3,891
455, 264
3,987
25, 095
4,328
1,226
179
490, 079
281
253
1,097
253
490
578
164
197
414
123
75
265
263

216, 725

84,938

18, 658

4,453

11, 518
1,069
3,679
43, 844
16, 714
41,968
118, 792

2,662
1,437
3,082
1,516
7,017
2,159
6,623
7,883
3,180

Real-estate loans

On farm
land

On residential
properties

On other
properties

5,660
1,666
5,880
19, 580
15,166
9,514
57, 466
116, 230
58, 073
50,322
4,556
26,011
8,758
263, 950

4,768
2,155
1,872
18, 493
8,754

36, 534
60, 884
29,194
1, 030,805
78, 516
377, 951
1, 613, 884
3,185,402
195,807
232,824
22, 265
37, 240
23, 067
3, 696, 605
22,943
16,057
10, 559
3,289
15,362
5,971
4,853
4,417
6,995
6,801
3,485
18,990
7,901

73,818

127, 623

52,079

1,455
99
14, 563
577
545
1,027
18,266

7,852
1,701
7,125
2,401
6,927
65
26,071
9,108
3,669
7,374
1,210
5,237
1,507
2,842

6,634
4,703
7,611
1,026
4,601
2,669
2,772
2,935
4,152
2,706
1,222
7,534
3,514

Loans to
banks

100

"II"
209
28, 268
65

28, 636
39
40
180
125
2
107
33
21
273
46

All other
loans

11,125
8,161
5,352
94, 629
15,832
36,184
171, 283
439, 240
87,815
171, 233
16,115
42, 394
20, 679
777, 476
19,153
42,481
10, 575
26,977
11,008
10,915
15, 658
19, 400
21,111
7,727
34, 317
28,172
306, 419

Overdrafts

4
27
5
5
46
7,027
21
68
11
11
5
7,143
15
25
5
24
109
5
118
256
53
194
10
53
933

-

101,150
24,113
85,442
46,315
45,276
11, 404
29, 331
99, 693

12,954
19,618
35, 394
14,840
17,622
35,889
75, 594
36, 968

4,123
5,094
24,587
7,258
3,452
1,156
4,289
1,694

4,784
40
10,095
872
357
12
545
2,398

14, 727
1,869
11,398
8,857
5,994
494
1,348
7,540

26, 705
20,012
13, 529
12,824
21,193
13,986
40, 683
16, 493

Total Middle Western S t a t e s . . . .

442,724

248,879

51,653

19,103

52, 227

165,425

North Dakota. __
.
South Dakota
Nebraska
Kansas
. . .
Montana
Wyoming... _ _ . _ _ . _ _
_ . . __
Colorado
New Mexico
Oklahoma
. _ . _ . ._ ___

827
1,227
3,012
13,685
2,540
741
5,428
1,403
2,989

10,178
11,610
22, 668
36,813
10,460
4,578
7,397
1,846
10, 418

32
136
512
997
942
26
260
172
39

31
142
285
591
1,309
183
887
55
135

775
1,229
3,703
9,074
664
422
501
131
893

544
1,197
925
6,331
1,748
1,236
2,113
403
810

31,852

115,968

3,116

3,618

17, 392

15, 307

4,362

5,278
3,329
100,459
2,573
8,015
203
1,301

5,060
2,278
19,415
6,398
6,219
371
1,407

488
72
8,337
343
687

448
225
23, 457
407
750
4
250

1,613
1,125
25,325
646
2,099
95
509

32, 384
3,957
223, 804
2,165
9,683
173
3,654

121,158

41,148

10,002

4,838

25, 541

31, 412

2,455, 705

512,919

222,203

522, 489

399, 775

332, 384

Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri. _

-

- .. -

Total Western States
Washington
Oregon
California „
Idaho
Utah
Nevada
Arizona

_

..

...
_ __. .

..

Total Pacific States
Total United States (exclusive
of possessions)
___
Alaska
Canal Zone (Panama)
Guam
The Territory of Hawaii
Philippines
Puerto Rico
American Samoa

7
82
2
34

125
2
4,608
1
227

75

180, 069
47,081
38,180
76, 563
33, 543
29, 306
25,153
46, 290

45, 282
11,653
6,529
23, 212
13,658
3,315
5,619
17, 503

174
28
319
189
45
34
121
16

165,814
37, 985
65, 409
57,802
30,436
25,158
31,220
57,324

61
21
68
30
43
52
59
141

476,185 .

126, 771

926

471,148

475

203
479
219
1,477
502
423
599
211
249

5
9

2

998
1,788
4,943
13,664
2,598
1,047
3,801
1,015
6,340

g
13
31
63
26
10
9
1
30

199

36,194

191

2,169
1,661
94,685
1,294
4,328
246
1,032

23
15
219
5

7,543
3,831
61, 244
3,631
6,113
128
1,079

36
11
370
28
74
4
2

275,820

105, 415

262

83, 569

525

6, 205, 424

610,043

31,098

1,846,089

9,313

183

246
.

_. _ _
_. __ .

Total possessions
Total United States and possessions




47
33
8,038
20,853
12, 728
5

1,278
9,39b

1
115
1,403
1,943
27
5

50
335

92
282
308

6
9
15, 551
2,032

61
12, 764
10 207
896
6

3 832
226
68
9,624
64 204
5,047
26
83,027

411
953
496

41, 704

10, 674

3,494

385

682

17, 598

24,180

1,860

2,497,409

523, 593

225, 697

522,874

400,457

349,982

6,229,604

611,903

31,098

20
2

22

1,929,116

9,335

8
C

TABLE N O . 59.—Assets and liabilities of all active banks other than national, Dec. 30, 1939 (includes State (commercial), mutual savings, and
private banks)—Continued
[In thousands of dollars]

Investments
Obligations guaranteed by
U. S. Government

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.




TJ. S.
Govern- Recon- Home Federal Other
ment
struc- Own Farm Governdirect
ment
tion
ers'
obliga- Finance Loan Mort- corpogage
tions
CorCor- rations
Corpora- pora- poraand
tion
tion agencies
tion

60,017
503 3,697
29,187
159 7,439
20,102
583 2,065
781,359 13, 499 20,118
112, 877 5,911 8,216
195,167 5,803 16, 396

594
7,325
1,575
3,313
2,354
3,517

490
34
392
8,609
2,656
4,003

Other bonds, notes, and debentures
Obligations of U. S. Government corporations and agencies,
States
not guaranteed by
and
United States
political
subdivisions
Other
(including war- Federal Federal Government
interrants)
land mediate corpobanks credit rations
banks
and
agencies
7,434
3,434
92, 721
36,227

1,198,709 26,458 57, 931 18, 678 16,184
155,463
4,293, 568 397,928 481,417 152, 218 146,859
816,005
3,864
275,403 15,148 30,176
9,227
98, 503
611,177 18, 753 85, 842
12,325
177,208
2,418
33, 244
331
11,070
1,639
6,430
2,430
150,444
5,119
10,935
3,779 14,631
470
1,632
1,297
31,617
6,969
728
5, 395,453 437, 975 625,465 180,059 173, 729 1,115,018

25,510
11, 508

2,423
425
7,772

5,511
13,108
11, 594
11,876
5,505

682
143
28
180

6,590
2,572
11,851
801
2,132
2,746
387
1,368

1,563
691
5,845
389
1,059
1,054
2,549
666

532
1,196
2,226
383
390
290
111
194

12,504
8,359
37,692
12,061
5,086
12,095
11, 848
36, 512

95
2,933
56
1,238
72
71
4,465
4,866
1,056
7,341
46
4,590
1,414

18
421
25
885
1,331
52,038
30
1,684
1,452

19,313

55, 204

962
584
1,268
89
73
337
73
32

155
555
~123~

12
430
367
176
1,003
13,186
6,280
7,664
102
1,823
997
30,052

452
65
2,600
39
50
87
28

Other domestic corporations

Stocks
of
Federal
Reserve
banks
Forand
eign- other
public domesand
tic
private corporations

Railroads

Public Indusutilities trials

All
other

16,087
24, 774
3,072
227, 927
21,825
66,197

24,441
29,366
7, 716
134,074
34,407
54,184

5,584 4,692
1,507 7,564
651 2,400
4,086 2,906
401 2, 601
582 32, 515

3,004
1,449
193
4,734
4,092
1,853

359, 882 284,188 15, 325 12, 811
342,351 197,685 73,669 68,439
59,440 51, 898 15, 287 11, 714
180,110 150,094 117,203 18. 614
3,633
14,350 19, 773
1,205
6,768
39,392 28, 624
6,822
2,452
1,025
2,246
447
637, 889 450, 526 217,585 107, 241

2,883
1,895
1,394
845
1,636
564
1,282
100

1,786
879
492
671
1,416
289
409

2,415
1,527
782
205
653
170
940
122

1,414
669
674
183
606
138
101
497

Stocks
of
foreign
corporations

15,989
3,594
59,874
35,185
41, 202

13
74
24
174

52, 678 162,780
28,918 127,178
2,419 15,458
26.920 100, 254
1,304
4,341
5,310
2,128
1,155
418

365
6,165
5,092
213
2
1,134

62,107 253,696

12, 606

232
151
3
24
229
64
119

1,967
2,544
1,575
379
2,236
299
556
366

CO
O

264
1,219
291
3,309
641

9
691
606
742
202

34, 582
26, 298
9,282
14,649
16, 866

19
317
71
734
38

19, 540

7,572

237, 834

12, 238
4,761
5,793
6,169
4,357
6,754
6,566
4,309

14, 453
2,103
7,332
9,380
1,574
1,393
1,188
4,792

78, 981
22, 665
147,992
67,934
32, 304
38, 514
29, 500
65,021

50,947
457
517
1,326
3,814
775
428
874
271
598
9,060
5,056
671
4,352
1,861
910
15
109

42, 215
57
158
161
1,381
956
34
55
13
369

482,911
2,341
5,206
3,737
16, 424
4,553
876
5,632
962
10, 429

17,465
53
218
356
347
359
2
140
166
82

9,077

50,160
3,184
1,004
8,299
12, 436
340
695
4,820
Washington
5,799
32
1,305
Oregon
31
133,446
6,129
California
7,763 17,332
5,586
1, 356
3,327
24
Idaho
6,087
114
2,028
Utah
261
299
86
Nevada
3,080
1,130
25
3
Arizona
___
166, 733
7,996
8, 777 30,028 12,974
Total Pacific States
409, 264
Total United States (exclusive of possessions)
8, 299, 845 550. 230 952,173' 291, 258 250, 880 2, 208.119
1 360
A-laska
Canal Zone ^Panama")
Guam
225
6,252
429
The Territory of Hawaii
55
20 018
7,567
Philippines
4 268
35
31
Puerto Rico
1, 560
2,677
American Samoa . . .
35
15, 379
429
80
Total possessions
28, 593
Total United States and
possessions
8, 328, 438 550, 230 952, 259 291,687 250,915 2, 223,498

1,723
216
13
385
87
114

2

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

13, 320

4,805
4.100
2,596
2,195
1,863
44, 006

16, 312
6,203
25,015
6,028
1,855
622
1,175
5,486

52, 412
11, 635
29, 537
38, 521
9,519
9,797
7,236
27, 787

62, 696 186, 444
669
11
155
53
558
237
3,438
1,373
516
343
29
1,018
101
245
14
500
43

9,067
18,005
7,003
24, 497
6,629

205
213
406
678
165

203, 695
275, 578
78, 340
217,095
134,677
60,082
41,820
46,108
174, 636

Louisiana
Texas
_ Arkansas
Kentucky
__ _
Tennessee
Total Southern States

155
537
102
3,193
168

190
390
193
2,707
428

488
221
504
1,822
481

4,356

14,854

10,177

10, 722

7,798

1,383

1,054
2,108
95
1,393
2,151
16,723

1,860
772
1,745
1,666
895
715
490
3,697

28,872
7,659
32, 567
12, 624
18, 718
7,911
4,571
8,308

19, 892
8,109
35, 938
10, 787
18, 797
3,775
3,322
5,956

22,164
5,792
22,970
9,016
16, 544
6,667
4,147
9,017

5,208
3,350
3,906
2,335
5,233
1,779
2,767
2,902

10,178
1,186
11, 661
2,458
3,454
1,780
669
2,611

11,109
3,135
1,625
1,217
1,113
49
259
28, 208

22

121, 230 106, 576
168
204
124
317
233
176
311
235
468
665
16
39
696
1,076
32
5
3
6

96, 317
215
184
183
396
773
31
670
9
3

27,480
30
31
110
274
2
14
399
82
20

33, 997

46, 715
34
39
19
72
147
16
87
135
16

22

2,051

2,464
3,581
518
8,292
182
364

962
551
37
7,850
67
197
60
59

1,266
798
167
3,242
71
19

565
90
121
4,510
72
424
3
52

2

5,272

2

48, 894 1,156, 250 872, 786 355,437 165,113 156,019 485, 751
155
1,768
656

13,004

273
147
183
320
74

4,597

1,540

7,795
1,349
732
476
568
1,757
1,517
3,271

867
796
3,285
711
5

5

17
3,396

32
96
42
305
18

214
345
117
3,334
245

90
612

1

7

Western

North Dakota
__
South Dakota
Nebraska
_Kansas
- - Montana
Wyoming
_
Colorado
New Mexico
Oklahoma
Total Western States




1, 028, 336
3 345
3,801
9,814
21, 054
12, 368
1,481
6,307
1,511
4,707
64, 388
29, 876
7,447
344,446
7,850
14, 514
717
4,414

118
933
48,496

2

5,065

11,840
103
58
76
175
3
20
37
15
10
497
13
11
1,110
12

2,723
2,718
204
15, 853
328
198
68
303

2,806
533
14, 299
314
972
14
330

1,146

19, 672

19, 268

517

5,582
72, 736

291
4, 588

2

147
1,452
2

143
112

649
809
131

33
38

1,999

3,369

911

1,744

71

49, 733 1,157,191 875, 448 357, 436 168, 482 156, 930 487,495

13, 075

904
20

1,516
1 117

839
72,736

8,821

2

1,713
7
279

839

48, 496

87
13,024

89
54
252
92
113
50
616

17
941

29
2,662

TABLE NO. 59.—Assets and liabilities of all active banks other than national, Dec. SO, 1939 {includes State {commercial), mutual savings, and
private banks)—Continued
fin thousands of dollars]
Capital stock, capital
notes, and debentures

Demand deposits

Time deposits

V

Deposits of individuals, partnerships,
and corporations
Location

Maine
New Hampshire
Vermont
Massachuset ts
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




Capital
Prenotes ferred
and stock
debentures

1,287
4,853

4,516
325
6,461
7,229
1,112
2,887

6,140 22, 530
50,091 20, 410
600 31, 683
24, 326
86
4,838
250
1,113
56, 728 76, 669
39
2,682
98
510
1,645
82
20
3,800

4,867
3,997
17
727
2,525
4,755
3,016
2,077
4 650
3,351

8,876 29, 982

IndividStates
and Banks in
Com- uals, part- U.S.
mon nerships, Gov- political United
ernstock and cor- ment subdi- States
porations
visions

4,273
902
2,700
31, 307
12, 270
20,096

842
24,309
2,874
29
8,754
61
317, 530 12, 214
57,117
44
173,161 1,764
583, 745 14, 954

71, 548
446,145 6, 544, 563 128, 245
361, 940 10,293
38, 200
127, 015 1, 061, 616 38,107
9,897
141, 420
484
177,393 11, 557
18,074
9,650
225
79, 308
648, 981 8. 366, 240 188, 911
15,001
11,357
14, 677
4,473
14, 046
6,840
5,584
6,331
8 431
16, 890
5,323
18 538
9,662

86, 840
56, 639
143,337
43, 523
79,136
52, 668
45, 662
65, 639
77, 836
140, 683
47, 878
114 669
63,657

1,801
90
3,211
105
2,487
287
1,814
321
2,917
1,879
3
3,744
1,804

137,153 1,018,167 20,463

5,485
813
1,254
24, 265
10, 469
16, 615

620
158
44
40,297
3,070
16, 871

Banks
in
foreign
countries

Savings

178,943
204,380
99,137
314 2, 292, 413
184
317, 358
832, 692

Deposits
accuCertif- mulated
icates for payof de- ment
posit of personal
loans
553
31
247
3,831
1,272
2,733

498 3, 924, 923 8,667
61,060
58, 901
267, 231 2,308, 720 469, 615 6, 448, 969 22, 819
239
22, 350
68,190
785, 376 3,300
77, 271 154, 655
55 1,198, 046 49, 746
794
3,873
2,420
68, 791
26, 797
19, 744
323, 252 1,372
58
2,295
6
37
39
62,106
436,315 2, 517,237 470,006 8, 886, 540 78,068
9,604
137
26,363
96,960 7,598
9,877
5,802
52,112 5,046
40,188 108, 401
62. 669 13, 455
3,524
11,004
15, 832 2,449
12, 394
36, 696 12, 834
16, 805
1,498
598
25, 675
11, 630
9,642
8,675
24, 693 4,416
20, 345
7,481
28, 377 14, 594
35. 224
15
6 875
29 876 10 697
21^164
6,308
12,752 11 932
9,764
6,825
12,800 5,904
16 647
10 642
44 321 25 ?09
8,541
4,528
34, 303 19, 334
216,024 213, 727
152
477, 066 134, 066

6
83
2
974
48
2,079
3,192
287
2,577
6,889
1,598
2,554
13,905
7,609
167
5,394
698
436
232
155
1 512
1 228
1,592
19, 023

States
Banks
Christand
Postal polit- Banks in
in
mas
sav- ical United foreign
savings Open ings i
acand
subdi- States countries
similar counts
visions
accounts
400
1,201
106
4,835
1,671
2,250

78
75
418
4, 810

5,381
10, 463
9,132 277, 541
2,444
4,011
11, 290 66,641
82
1 477
917
3,983
325
1,646
24,190 355, 299
378
1,123
165
233
153
1,171
54
237
98
123
14
139
7
2
203
67
42
71
526
19
75
121
511
34
43
4,216
1, 393

451
2
10
557
457
167
1,644

704
49
1,049
979
781
1,631
5,193

34
539
81
654

69, 230 125, 512
513
7,487
6,669
1,547 31, 691
188
383 1,819
63
383 2,062
120
58
2,371 112, 289 133,065
1,056
1,426 6,442
167
111
928
3,356
2,594 2,462
39
524
218
534
1,086
447
125
577 2 196
306
306
71
2
115
1,081
98
1 718 2 806
29
317 2 516
66
18
731
326
371 1 756
1,347
548 1,683
8,116
11,262 21,121

3, 131

J, 131

CO

o

30, 727
9,690
3,846

Ohio

Indiana

Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri...

11,995
1,925
3,868

Total Middle
States.

14 669
114
3,079
1,682

569, 517 14, 828
182, 211 3,395
675,890 11,144
244,056 4 420
142, 318 2,247
69, 014
187,816 1,775
409, 676 14, 478

64,145
61, 047
38, 830
58, 334
17, 040
14,869
53, 071
50,995

69,021
6,369
125,143
14, 768
9,278
1,576
7,670
206,100

287, 822 2,480,498 52, 549

70, 516
22, 405
45, 610
35, 532
27, 599
13,456
20, 318
52, 386

453
640
85

240

668, 284
142,196
362, 449
398,110
201, 223
128,991
95, 241
141,158

62,051 20, 576
912
713
485

10

3,659

439,925

1,418 2,137, 652 334, 743

1,501
7,481
7,224
35,940
9,343
2,205
4,761
2 339
8,650

428
405
435
3,277
5,255
355
1,683
3
621

3,238 5,853
4,558 6,590
5,292 13,882
19,266 22,038
13, 330 4,251
5,335 1,611
19, 259 2,335
604
2,059
4,596 5,899

25
293
2
34
157

1

2,015

79, 444

12, 462

76,933 63,063

511

128
4
5
492

328
19
18, 441
10
79

4,627

36,445

268,067

3,529
2 109
49, 6j68
1,767
5,188
177
1,073

29,924
16, 789
355, 748
24,499
30,167
1,206
10, 595

306
305
9,396
244
96
1

4,519
3,094
21, 618
8,870
10, 295
920
2,712

754
511
78,303
1,544
7,018
3
100

63, 511

468,928 10,348

52,028

88,233

Total possessions

25
5,930
26 264
3,132
25

390

35, 951

85, 323

133
4,116

2,329

513
2
36
4,814
10 133
8,795
27

274
15

40

946
2 352
620

250
15 272
808

4,207

16,370

924
3,446
2,529
83
302
30, 514 7,907
• 40 732 28 034
193
16, 062
77

1




4,331

561

57

50

90
18

561

422

54,078

i Includes U. S. Treasurer's time deposits—open account.

40, 352 398,052 24,480 189,063 163,956

55

157

423

24, 320

1,200

449 11, 534

93, 662 37,141

6,578

14,984

18

Total United States and
possessions
. . . 141, 748 169,462 1, 281, 411 13, 270,968 295,818 1, 225, 363 3, 336,851 496,916 16, 515, 481 680,164

390

1,200

18,895

53, 655

3,854
2,216
49
23,457
38 098
17, 612
37

112
120
14, 573
110
64
5

9

Total United States (exclusive of possessions)
141,358 169,462 1, 245,460 13,185, 645 289, 240 1, 201,043 3, 332, 644 480, 546 16,421,819 643, 023
575

811

519

81

Alaska
._
Canal Zone (Panama)
Guam
. . . .
The Territory of Hawaii
Philippines
Puerto Rico . . .
American Samoa.
_ _ _ . _.

2,751

9

918,705 24,416

5,309 15,078

1,270

5
9
50
31

81

1

. _.

7

247

3
53
11

2
95
101
403
139 10,843
29
52
189
5
20
28

8,472

. . .

8,464

244
1,103
56
162
793
122
89
6
176

70
48
78
201
143
5
211

152

164
98
97
484
268
34
33
32
60

60

100, 038 2,383
19,451 1,667
735,118 16,072
12, 355 1,843
37, 726 2,040
966
78
333
13, 051

Total Pacifin States

6,326

16,943

358,331

756
792
2,750 14, 311
618
1,011
101
48

Total Western States

7,484 36,175

6,833
1,047
4,048
158
504

23
197
105
1,457
77
18
2
12
124

2,254

139

14, 014

1,066
401
622
558
405
44
115
448

13,940
17,116
41,314
82, 629
30, 418
9,663
31, 447
8.664
32, 876

469
1,912
541
717
637
270
71

__

1,742
1,350
79
1,030
721
692
44
668

8,745
524
4,316
1,287
18
264
737
1,052

2,245
3,108
6,730
12, 999
3 406
'764
2 621
525
4,047

5

_

433
991

1,434 20,292
19
751
247 6,958
1,380 2,315
751 1,512
1,573 4,396
186
366
982
497

39, 557
41,178
31, 455
11,464
42,830
53, 529
67,794
46,936

Western

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

Washington
Oregon
California . . . . .
Idaho
Utah_
Nevada
Arizona
_

1,032

33

165

26
596
6,859
9,449

240 16,930

35

35

40,913 398, 217 24, 720 205,993 163, 991

4,331

o
o

TABLE N O . 60.—Assets and liabilities of active national banks, Dec. 30, 1939

CO

ASSETS

O

[In thousands of dollars]
Loans and
discounts
Number (including
of banks rediscounts
and overdrafts)

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

38
52
42
125
12
53




2,861
2,488
1,198
139,528
3,170
8,042

37,743
21,823
16,796
541,480
37,977
125,933

1,624
2,203
1,039
33,841
709
11,166

260
130
305
6,276
201
1,432

478
77
32
3,826
507
29

8,719
70
28

Total
assets

87
4
119
2,908
200
409

94
26
64
7,941
39
434

138,372
88,853
68,234
1,710,135
124,474
362,975

.

322

760,212

708, 515

157,287

781,752

50,582

8,604

4,949

8,817

3,727

8,598

2,493,043

1, 559, 483
244,811
800, 294
8,399
66,638
51,608

3,068,201
405,630
1,494,116
8,754
207,565
81,270

44,382
18,447
55,005
476
7,360
7,361

2,783,969
267,498
1,026,697
5,840
131,625
83, 771

106,162
25,959
78,469
779
4,980
7,141

16,344
13,938
31,460
287
1,008
743

1,987
2,015
1,219
7
23

28,209
168
8,812
400
6

14,076
1,811
5,493
13
235
122

4,370
777
6,741
13
346
163

7,627,183
981,054
3,508,306
24, 568
420,180
232,185

1,443

Total Eastern States

Total Southern States

55,240
30,046
22,219
445,818
37,879
117,313

Other
assets

437
226

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

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

39,985
32,056
26,462
519,798
43, 722
98,189

Investments

Investments
Interest,
and other
Real
Bank
Customers 1 commissions,
assets inrent, and
estate
premises
liability
directly
other inowned
owned,
Currency with other
representing on accept- come earned
and coin
banks * furniture other than bank prem- ances out- or accrued
bank
and fixises or other standing
but not
tures
real estate
collected

2,731,233

5,265, 536

133,031

4,299,400

223,490

63,780

5,251

37, 595

21, 750

12,410

12,793,476

130
77
42
20
52
52
66
24
29
445
49
95
71

163, 583
67,190
41,060
31,001
136, 354
74,914
88,616
20,324
113,463
442,032
34,853
104,886
185, 734

114,693
47, 576
28,214
18,108
89, 542
122,135
68,967
23,609
129,038
383, 705
33,495
80,952
112,007

8,976
5,585
4,302
2,931
5,698
9,792
5,831
2,329
5,398
24,477
2,677
5,579
7,706

137,001

2,886
2,631
559
130
802
1,174
5,148

866
51
6

10

51,400
40,719
132,954
127, 932
94,019
30,708
157,045
670,042
56,197
100,867
166,118

9,005
5,171
2,413
1,426
8,902
7,312
5,364
1,706
6,791
32,762
1,883
4,409
11,204

23
1,381
1,111

17
3
254

1,213
5,283
458
1,009
2,219

73
4,480
58
57
282

631
359

1,005
321
133
438
327
387
1,017
154
944
1,436
136
227
444

438,434
187,807
128,154
94, 755
374, 957
345,665
270,779
79,817
415,739
1, 565,108
129,929
298,313

153

409
55
67
2
338
635
452
21
1,143
532
172
327
791

1,152

1, 504,010

1, 252, 041

91,281

1,824,229

98,348

24,478

1,427

4,944

59, 227

966

4,816,115

244
125
327
82
105
191
108
86

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

339, 340
128, 728
679,623
172,067
107, 325
234, 895
85, 287
193,996

439,916
231, 232
1, 536, 376
409,145
264, 659
281,170
81, 288
245, 390

26, 031
14,430
56,920
16, 580
9,907
9,428
5,412
10, 219

434, 636
184, 546
1, 476,463
339, 098
197, 795
283,851
99, 284
338, 285

28, 631
10,933
32, 664
9,196
10, 780
9,185
5y807
5,086

3,286
683
6,030
728
1,385
669
299
2,362

5,015
27
1,547
70
279
4,764
25
574

420
23
3,109
27
51
255
16
468

1,465
547
6,977
1,886
1,074
1,759
370
1,155

775
610
7,249
1,799
1,158
2,029
195
251

1, 279,515
571,759
3,806,958
950, 596
594,413
828,005
277,983
797, 786

1,268

1,941,261

3, 489,176

148,927

3,353,958

112, 282

15, 442

12, 301

4,369

15, 233

14, 066

9,107, 015

50
41
135
182
43
26
78
22
211

21,459
25, 542
90, 614
76, 207
18, 348
17, 030
70,899
16,350
129,172

18,873
20,123
92, 514
79,953
32,018
14,039
87, 590
16, 253
122, 869

1,041
1,407
3,588
4,130
2,303
1,419
5,265
1,515
5,817

13, 715
19,199
101,196
106, 668
39,113
23,094
145, 200
21, 326
189, 524

1,821
1,601
5,609
5,962
2,104
669
3,090
880
9,077

187
77
402
581
33
14
306
30
157

72

196
261
514
147
193
22
353
4
413

51
119
274
153
145
9
170
6
383

57, 343
68,429
294, 716
273, 957
94, 257
56, 478
313,023
56, 364
457,850

788

465, 621

484, 232

26,485

659, 035

30,813

1,787

77

2,103

1,310

1, 672, 417

45
27
100
18
13
6
5

156, 664
83,901
1, 299, 627
16, 348
23, 665
11, 782
27, 424

153, 627
124,154
1, 237, 435
18,898
23, 799
14, 052
17,122

9,822
5,181
34,185
1,427
859
975
1,879

151, 670
81, 803
641, 729
18,005
32,127
13, 277
21,171

7,861
6,430
63,898
1,014
1,758
749
1,440

808
191
16,190
7
159
13
210

33
32,390
4
1,175
6
100

143
83
3,332

672
775
8,418
1
114
135

697
190
3,507
39
18
52
88

481,964
302, 741
3, 340, 711
55, 743
83, 560
41,020
69, 569

214

1, 619, 411

1,589,087

54, 328

959, 782

83,150

17, 578

33, 708

3,558

10,115

4,591

4, 375, 308

611, 339 11, 878,156

598, 665

131, 669

65, 551

55, 843

57, 872

3,194
6,098

165
1,454

2
16

2

148
13

2

1,594

2

161

1,076

61,883

55,845

58, 033

49,020

Total United States (exclusive of possessions)

5,187

9,021,748

12, 788, 587

Alaska
The Territory of Hawaii
Virgin Islands of the United

4
1
1

2,663
18, 660

1,953
20, 682

561

354

181

467

12

21,884

22, 989

4,359

9,759

1,631
600, 296

131, 691

156
182
150
366
954

22

615, 698 11, 887,915

5

4

6

100

Total possessions
Total United States and
possessions

5,193

9, 043, 632 12,811, 576

718
3,460

65, 551

47, 944 35, 257, 374
26
1,048

8,721
51, 568

35, 319, 257

i Includes reserve balances and cash items in process of collection.




OO

CO

TABLE N O . 60.—Assets and liabilities of active national banks, Dec. 30, 1939—Continued

fcO

LIABILITIES
[In thousands of dollars]

Time deposits
(including postal
savings)

Other Total dedeposits1 posits

Bills
payable,
rediscounts,
and other
liabilities
for borrowed
money

Location

Demand
deposits

Maine - .
.
New Hampshire
Vermont
- M assachusetts
Rhode Island
__
Connecticut
Total New England States-.

50,865
49,086
20,894
1,244, 372
88,440
220, 470

68,165
23, 227
36, 272
226,052
17, 767
90,269

1,674,127

461,752

29,833

2,165,712

657

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

5,855,892
791,814
438, 575
425,125
1,867, 628 1,154,166
10,218
8,764
285,011
100,118
160, 274
47, 611

100,791
8,943
17,133
163
2,156
2,774

6,748,497
872,643
3,038,927
19,145
387, 285
210,659

293
70
200

8,617, 598 2, 527, 598

131,960 11, 277,156

Mort- Acceptgages or ances executed
other liens by or for
on bank account of
premises reporting
and on
banks
other
real es- and outstandtate
ing

Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
- .
Alabama ._

860
1,719
634
17, 755
761
8,104

119,890
74,032
57,800
1,488,179
106,968
318,843

Surplus

Undivided
profits

5,858
4,914
2,710
86, 440
7,494
14, 737

2,936
2,804
1,527
28,499
1,674
4,501

820
635
779
14,428
249
1,734

128
91
71
1,361
104
769

10,032

3,176

2,524

4,879

123, 324

122,153

41,941

18,645

32,079
168
10, 546
400
6

7,067
1,305
1,711
1
100
131

6,064
589
4,535
1
196
249

125, 728
564
3,596
42
720
205

281,073
59,231
166,138
1,871
13,762
8,800

311,996
27,606
192, 204
2,614
10,989
6,716

82,572
11,673
59,402
744
5,212
4,694

31,798
7,205
31,047
150
1,516
725

43,199

10, 315

11,634

130,855

530,875

552.125 164,297

72,441

10

157

25

563

6,728
3,160
2,088
1,342
5,866
3,123
1,803
432
2,188
40,035
1,230
2,113
4,106

386,091
163,176
114,252
86,057
338, 459
315,000
235,344
71, 541
382,191
1,409,821
116,217
266,208
439,252

Total Southern States. . . . 3,279,690

969,705

74,214

4,323,609

621

16

16

258




Capital
stock 2

9,821
183
28

552

153,002
62,892
28, 460
14, 282
67,174
58,090
71,227
24,881
69,122
202,954
27,831
70, 460
119,330

-_.- _
_
______

Other
liabilities

Reserves
and retirement
account
for preferred
stock

59
28
70
2,374
139
506

466
151
169
73
931
341
346
19
521
689
128
338
763

406
191
134
50
186
111
274
67
596
2,015
85
398
555

596
140
76
22
1,142
364
178
31
925
1,173
145
248
260

24,675
12,407
6,475
4,530
17,624
15,278
20,314
4,633
14,062
75,641
6,258
13,502
23,955

17,103
7,470
4,362
2,410
9,615
9,999
9,057
2,745
9,164
45,147
4,253
12,313
13, 585

6,262
2,849
1,817
1,179
4,080
2,817
3,227
444
4,956
22,362
2,386
3,756
6,570

2,567
1,423
869
434
2 898
1,752
1,771
337
2,339
7,777
457
1,340
1,541

1,789

4,935

5,068

5,300

239,354

147,223

62, 705

25, 505

80

226,361
97,124
83.704
70, 433
265,419
253,787
162,314
46,228
310,881
1,166,832
87,156
193,635
315,816

Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee

Interest, Interest,
discount, taxes, and
rent, and other exother in- penses
come col- accrued
lected
but not and unpaid
earned

5
10
123

K

210
20
6

17
3
258
985
359

151
108
58
4,008
158
396

8,530
6,161
5,219
74, 473
7,505
21, 436

384,951
157, 576
681, 818
256, 784
206, 745
212,112
63,260
117,492

12, 503
6,913
26,968
7,486
6,098
8,285
2,113
7,211

1,138,257
517,272
3, 508,912
877,081
536,460
744,933
252,220
736,619

Total Middle Western States. 6,153, 439 2,080, 738

77,577

8, 311, 754

87

30, 439
43, 727
219, 248
205, 201
60, 550
34, 569
206,340
41, 500
320,807

19, 928
17, 229
43, 772
37, 611
23,765
15,546
73, 924
10, 226
74,368

519
551
2,981
2,579
1,077
336
3,677
594
11,937

50,886
61,507
266,001
245,391
85,392
50,451
283,941
52,320
407,112

50

1,162,381

316,369

24, 251

1,503,001

134,159
299,964
103,044
172, 085
1,466, 770 1, 530,959
15,126
35,324
21,447
53, 004
14,633
22,375
15, 350
47, 243

3,878
3,058
36,454
362
353
768
1,362

438,001
278,187
3,034,183
50,812
74,804
37, 776
63,955

2,096, 765 1, 834, 718

46,235

Ohio
Indiana
Illinois - _
Michigan
to Wisconsin
£2 Minnesota
Oi I o w a »
g Missouri
J^

North Dakota
South Dakota
^5 Nebraska
i-A K a n s a s
Montana
Wyoming
Colorado
New Mexico
Oklahoma

-

740,803
352,783
2, 800,126
612, 811
323, 617
524, 536
186,847
611, 916

___
_-

_

.

-

_

.

_ _

Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States

Total United States (exclusive of possessions)
. _ _ 22,984,000 8,190,880
Alaska
The Territory of Hawaii
Virgin Islands of the United States.
Total possessions

1

448
23
3,405
27
51
259
16
476

571
438
1,930
513
291
3,200
307
523

1,557
606
8,056
810
635
2,074
155
527

758
411
1,132
653
570
2,871
53
652

74, 330
24, 556
129, 554
36, 277
32, 426
37, 555
13, 043
28, 046

39,072
15,630
96,166
18,329
11, 729
25,136
7 308
16, 332

15, 087
8,099
31,321
11,675
8,317
8,959
3,126
11,922

9,425
4,724
26,478
5,231
3,933
2,993
1 755
2,638

4

4,705

- 7, 773

14, 420

7,100

375, 787

229, 702

98, 506

57,177

72

72
85
201
176
79
88
155
13
300

95
107
205
176
79
3
630
7
476

8
9
150
191
8
64
67
15
293

3,734
4,247
14, 507
15,075
4, 561
2,570
10,998
2,080
24, 396

1,671
1,182
8,230
7,643
2,270
1,821
9,183
1,337
14, 945

623
805
2,810
4,545
1,556
1,196
4,981
195
8,149

204
405
2,253
733
312
196
2,794
397
2,105

10
1

3

25
51

82
354
15

12

5

89
274
2
784

94

77

1,169

1,778

805

82,168

48, 282

24,860

9,399

170

144
84
4,143

783
549
8,391
17
82
103
401

506
451
4,352
49
95
20
51

449
154
5,033
25
256
334
34

22, 523
9,055
136,004
2,702
3,823
960
2,528

9,941
7,192
91,906
1,144
2,173
734
1,282

5,998
4,504
38, 503
730
1,429
999
734

3,619
2,565
18,026
264
898
94
584

3, 977, 718

170

4,371

10, 326

5,524

6,285

177, 595

114, 372

52,897

26,050

384,070 31, 558,950

2,882

64,173

37, 694

40, 948

155, 224 1, 529,103 1,213,857 445, 206

209, 217

120

5,310
22,603
423

2,444
21, 384
931

122
823
2

7.876
44,810
1,356

2

15

79
4

28, 336

24, 759

947

54,042

2

15

83

64,175

37, 709

41,031

Total United States and
possessions __ ._ __
23.012,336 8, 215,639

385,017 31,612,992

2,882

120

1
5

300
3,350
150

425
1,920
20

60
121
16

60
1,270
43

6

3,800

2,365

197

1,373

155, 230 1, 532,903 1, 216,222 445,403

210, 590

1

Certified and cashiers' checks (including dividend checks), letters of credit and travelers' checks sold for cash, and amounts due to reserve agents (transit account).
2 See classification on pp. 318 and 319.




CO
CO

CO

TABLE NO. 60.—Assets and liabilities of active national banks, Dec. 80, 1989—Continued
[In thousands of dollars]
Loans and discounts

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States




Commercial and
industrial
loans

12,014
11,021
7,342
257,922
19,771
25, 705

Agricultural loans

Openmarket
paper

1,229
808
2,292
1,406
7
1,631

4,287
3,925
685
49,973
4,911
7,289

Loans to
brokers and
dealers in
securities

Other loans
for the
purpose of
purchasing
or carrying
stocks, bonds,
and other
securities

354
258
23,079
295
70

1,264
3,392
1,514
12,633
2,680
13,348

Real-estate loans

On farm
land

On residential
properties

On other
properties

541
542
1,460
758
101
542

6,729
4,646
7,219
36,805
4,573
17, 590

1,905
1,250
1,138
28,076
553
5,419

Loans to
banks

757
1

333,775

7,373

71,070

24,056

32, 831

3,944

77, 562

38, 341

784,517
56, 514
265,102
2,614
20, 707
21,468

15,155
4,701
15, 725
317
2, 2S9
20

57,617
7,474
29,725
25
2,750
40

201,397
1,621

8,116
3,121

70
1,561
417

98, 437
6,987
52, 315
659
5,632
1,478

1,128
3,675
30

74, 374
80, 541
137, 593
1,403
10,189
9,591

36,897
17,700
53,809
521
3,240
4,122

15, 720
29
1,870

1,150, 922

38, 207

97,631

213,394

165, 508

34, 759

313, 691

116, 289

17,482
16, 369
14, 888
62, 609
34,548
35,188
5,256
52,882
204, 747
8,268
32,438
67,574

9,007
1,151
1,392
1,005
5,274
2,408
10,245
2,028
14, 614
77,069
7,568
7,098
40,818

2,939
809
265
225
260
1,435
2,624
5
1,255
3,494
567
4,985
2,092

1
326
285
1,482
2,319
1,031
155
680
3,364
364
769
2,188

4,414
2,093
1,507
696
8,021
953
1,028
451
1,592
18, 359
716
3,912
6,572

7, 557
1,833
1,204
662
1,879
1,375
2,035
1,428
1,773
9,524
1,586
5,433
3,307

23, 408
15, 770
2,557
1,343
6,375
7,058
5,395
2,279
6,425
16,466
2,184
12, 442
8,757

10,099
6,094
1,658
1,148
3,441
5, 527
4,670
1,725
4,881
14,186
1,705
2,955
5,006

601, 248

179,677

20,955

13,856

50,314

39,596

110, 459

63,095

All other
loans

11,636
8,169
4,810
108, 342
10, 828
26, 586

O v rdrafts

1
2
2
47
2

170, 371

63

266, 380
66,100
217,113
1,661
16, 580
14,416

873
23
25
1
5
26

17,629

582, 250

953

161

56,064
21,948
15,731

43

46,675
18,944
26, 300
6,876
28, 998
93, 813
11,843
34,470
48,913

71
9
38
89
104
714
17
32

421, 273

1,197

10

46
45
267
338
62
32
259
296
35
352
447
2,340

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
Total United States (exclusive
of possessions)
Alaska
The Territory of Hawaii
Virgin Islands of the United States
Total possessions
Total United States and possessions




282
71
262
1,588

87, 700
21, 668
81, 586
42, 797
21,992
78,438
14, 714
41,010

48
19
181
30
20
73
35
50

4,998

389,905

456

280
2

4,741
5,532
13, 254
13,197
3,307
3,202
13, 244
3,095
28, 358

8
19
43
52
12
10
23
15
61

12, 208

494

87,930

243

4,990
4,770
149,129
790
2,682
1,382
485

5

58

33,084
31, 753
237,191
1,852
3,818
2,840
7,889

111
82
1,549
8
66
22
29

237

318,427

1, 867

26, 524

1,970,156

4,779

362
6,824
39

1
22

7,225

23

1,977, 381

4,802

112, 783
44,499
369, 897
57,498
47, 229
91, 358
24, 395
76, 913

40, 895
3,027
3,673
26, 786
22,194
24,377

4,988
7,378
19,487
3,629
3,979
4,547
4,951
11,662

6,866
401
31, 352
2,883
1,561
1,155
446
3,072

13, 481
3,011
69, 576
8,323
2,820
8,598
886
8,188

14, 040
5,321
10, 416
2,173
3,265
5.554
6,953
3,704

67, 750
30, 447
44, 802
38, 042
16,071
15, 331
7,195
15, 727

15,193
6,900
11, 262
13, 665
6,433
2,984
3,256
7,705

2,320
306
169

824, 572

143,901

60,621

47, 736

114, 883

51,426

235, 365

67, 398

4,749
4,289
27, 609
20, 279
3,854
2,591
21,911
4,207
61,018

8,673
9,771
34,371
26,899
7,546
8,155
18, 302
4,574
22,023

367
841
3,179
4,591
1,435
350
2,295
671
3,363

730
354
3
6
497
311

185
575
2,091
833
404
570
2,467
241
2,321

701
759
4,461
4,673
326
482
1,749
374
3,368

1,432
2,731
2,699
4,068
1,041
1,200
7,187
2,265
5, 729

603
1,012
2,119
1,128
412
464
2,944
908
2,618

150, 507

140, 314

17,092

1,901

9,687

16, 893

28, 352

79,425
28, 388
296,817
4,135
7,717
1,878
5,033

13,459
9,544
69,140
5,623
3,115
1,150
8,780

2,589
597
12,600
643
367
3
570

754
762
11,011
2
327
65

4,566
657
34,990
198
818
367
490

3,580
1,142
78, 291
622
724
291
538

14,101
6,206
408,735
2,475
4,031
3,849
3,487

423,393

110,811

17,369

12, 921

42,086

85,188

442, 884

164, 228

3, 484,417

620, 283

284,738

313,864

415, 309

231, 806

1, 208, 313

461, 559

1,141
4,092
101

14
399
7

30
170

138

5,334

420

200

138

3,489. 751

620,703

284,938

314, 002

14,171
8,778

18
225
95

1,097
5,859
221

18

320

7,177

415, 327

232,126

1, 215, 490

13
58
133
8

174

931
98
1,029
462, 588

26, 524

CO
I—I

Ox

CO

TABLE N O . 60.—Assets and liabilities of active national banks, Dec. 80, 1989—Continued
[In thousands of dollars]
Investments
Obligations guaranteed by U. S.
Government

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England
States
NewYork
New Jersey
Pennsylvania
Delaware
Maryland.._
District of Columbia.
Total Eastern StatesVirginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi.Louisiana
_

U. S.
Government
Recondirect
struction
obligaFinance
tions
Corporation

25,658
12,071
8,531
297,667
21,822
53. 992

985
432
109
17, 377
767
8,444

Home
Owners'
Loan
Corporation

5,033
1,444
1,126
7,356
2,575
5,677

Federal
Far^m
Mortgage
Corporation

1,853
564
561
2,602
106
881

Other
Government
Corporations
and
agencies

Other bonds, notes, and debentures
Obligations of
States and
political
subdivisions (including
warrants)

U. S. Government corporations and agencies, not
guaranteed
States

by

Federal
interFederal
mediate
land
credit
banks
banks

307
118
95
11,281
1,518
4,477

2,214
2,677
2,748
32,087
2,265
24,520

246
183
126
877
104
343

60
70
5,322
325
1,271

419, 741

28,114

23, 211

6,567

17,796

7,048

172, 769
7,623
13,290
67
752
3,984

321,822
42, 851
73, 521
336
3,894
13,013

71,689
4,894
12, 465
35
791
120

73, 660
6,109
13, 448
32
923
2,221

66, 511
=====
371,095
51,318
114,233
791
5,053
1,081

1,879

1, 563, 247
204, 619
827, 705
2,201
177,058
49, 225

9,875
1,968
7,453
87
1,229
1,308

33, 775
1,182
37

455,437

89,994

96,393

543, 571

21,920

37,049

8,322
5,963
2,239
924
6,311
12, 843
8,873
503
19, 481

3,818
2,153
1,252
657
3,968
9,597
2,444
74
1,164

1,602
800
201
109
1,718
671
551
30
7,454

15,411
6,987
11, 465
5,828
18,919
23,167
28,495
16, 238
30,461

1,095
621
452
321
190
580
147
186
20

2,824,055 198,485
67,469
20, 733
11,643
9,485
40,697
62, 542
20, 275
4,841
58, 489




1,794
747
63
153
4,000
1,664
535
22
4,649

1,970
85

2,779
787

United

Other
Government
Railcorpora- roads
tions and
agencies
102
55
42
1,458
853
715
3,225

Foreignpublic
and
private

Stocks of
Federal
Reserve
banks
and other
domestic
corporations

561
500
323
11,656
590
1,337

Other domestic corporations

5,736
4,147
2,847
18,819
2,561
7,218

Stocks
of foreign
corporations

Public
utilities

Indus- All
trials other

8,000
3,967
2,887
19, 765
2,957
4,164

539
2,320
658
1,911
133
1,682
10,300 2,836
135
908
554
2,395

1,686
1,259
937
5,975
392
1,325

19, 516 4,855

11, 574

14,967

443

85,648 3,088 43,932
16,089 1,157 3,736
96,447 7,559 22, 755
65
1,039
282
3,621
543
718
1,018
605
131

88, 789
4,064
20,403
181
815
716

105
1
53

114, 968

160

2,470
1,263
404
243
1,242
915
1,258
403
1, 532

1

41, 328 41, 740

29, 295 125,897 73,515
4,435 32, 348 23, 236
4, 339 155,218 125,190
2
1,926 1,710
284
5,911 4,003
4,392
1,542 1,828

42, 747 322,842 229,482 203,862
=
619
3,593 2,420
3,916
439
2,765 1,804 2,583
73
184
103
83
206
30
121
18
2,937
3,973 1,145 1,094
2,026
2,715 1,194
2,497
616
935
2,165
1,971
15
564
281
181
754
784
520

12, 543 72,028
1,591
280
52
4
353
625
545
234
623

572
438
9

215
312
157
37
552

2
440
1

1

595,898

28,449

113,179

4,254
348
2,616
777
33,122

317,242

3,368
203
1,215
837
9,235

Ohio
. . . . . - . - - - - 201, 273
141,366
Indiana _
_
1,061,364
Illinois
228,362
Michigan
155,631
Wisconsin
-- - - _176,155
Minnesota
30 781
Iowa
129, 702
Missouri
Total Middle Western States
2,124,634

17,949
5.756
101,040
4,171
1,508
4,993
2,102
8,881

28,602
10,943
33, 340
51,339
16, 293
13,858
6,262
21,852

11, 369
4,254
16,298
29,040
2,984
6,019
2,670
16, 773

7,639
2,692
34, 341
13,547
1,332
5,449
1,704
5,274

89,953
30,371
131,168
34,819
23, 797
45, 532
29,179
31, 334

10,423
3,367
15, 309
332
356
1,282
516
2,076

1,566
125
5,603
12,179
1,680
250
1,291

2,891
701
7,046
8,033
547
1,048
378
4,210

146,400

182,489

89,407

71,978

416,153

33, 661

22,694

24,854

94, 692

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

9,452
9,207
50,820
34,869
19,873
8,221
53, 759
9,137
39,318
234, 656

221
398
891
5,607
1,026
228
3,354
612
4,438
16, 775

1,261
J,087
5,216
6,717
922
412
2,045
1,125
5,892
24,677

1,620
615
4,617
3,319
1,019
475
1,367
553
6,122

166
295
648
3,022
244
404
1, 675
86
3,408
9,948

4,189
6,827
18, 600
19,621
4,992
3,096
11, 723
3,740
56, 478
129, 266

129
77
2,264
766
535
52
869
433
1,664

5
46
890
416
30
10
122
15
881
2,415

527
610
2,366
553
828
361
4,068
66
796

Washington
_. _.
Oregon
California
_. _
Idaho
Utah
Nevada
Arizona
Total Pacific States..

100,193
77,876
685,288
13 566
11, 588
7,257
7,053
902,821

5,766
2,604
11,473
115
688
11
742

5,178
11,175
163,929
140
3,056
1, 524
3,675

1,963
2,778
10,301
16
305
24
161

2,078
706

781
170
7,696
72

188,677

15, 548

22,167
15, 326
258, 531
3,728
4,779
2,479
2,408
309, 418

775
84
2,941
90

21,399

6,396
7,725
30,709
431
2,123
1,492
310
49,186

103
3,993

1,692
4,476

21
50
8,790

Total United States
(exclusive of pos7,101,805
sessions)

439,622

987,670 287, 983

240, 560

1, 782,161

77, 477

86, 526

34

115
2,559

1

20

81
1,368

34

2,738

1

20

1,542

240,594

1,784,899

77,478

Texas
Arkansas. _.
Kentucky
Tennessee.Total Southern States.

Alaska
The Territory of Hawaii...
Virgin Islands of the
United States
Total possessions

201,190
10,119
40,064
48,351

10, 632
194
1,539
2,457

30,607
2,516
6,152
8,445

1,231
14, 370

19, 707

8
525

15,615

8

638

Total United States
and possessions
7,117, 420

439,630

988,308

97, 783
15,409
13, 216
33,863

6,789

2,686
10
1,594
675
10,194

1,125
2,970
885
85
5,065

1,976
37
358
1,417
11,611

2,387
1,197
3,503
1,887
25,644

3, 574
974
4,221
1,667

7,066
882
2,895
4,344

2,444
263
554
641

18, 868

28,478

23. 273
10,464
22, 792
9,214
12, 314
9,117
1,803
5,715

15, 727
9,495
32,140
6,074
18, 726
4,039
1,852
6,405

17,808
6,365
35, 302
6,374
23,044
6,216
1,505
3,813

287,983

424
206
332
444

5,334
480
1,101
2,669

8,209

3,698

19,314

3

1,426
2,113
3,131
414
1,720
1,245
1,061
1,127

4,986
1,811
8,012
3,124
4,586
2, 408
597
1,370

5,019
1,409
29,475
2,123
1,821
2,126
628
5,567

12

94,458 100, 427 12, 237

. 15
3

26,894

48,168

30

121
106
494
361
889
140
1,230
60
385
3,786

169
164
731
700
206
146
688
102
1,223
4,129

2

1,200
562
10,133
126
214
177
89

296
1,559
5,328
49

1,073
87
7,161
91
14

12,501

8,144

1,292
486
16, 214
112
208
52
116
18,480

574
344
2,061
485
772
188
2,681
95
1,247

10,175
2, 367
2,082
13,672
192
443
245
230
19, 231

2,064
1,640
13,182
170
381
163
166
17, 766

8,447

607
305

22
8,448

2
38
171

209

847

47,177 126, 428 220,026
2
30

3

50

3

104

32

93,662 515,454 410,463 374,542 47,180 126, 532

220,058

268
675

140
1,155

943

1,311

54

16

93

86, 526

1

78
13
445
92
39
73
268
73
108
1,189

359
334
1,346
455
643
233
2,856
156
824
7,206

93,642 513, 912 409, 520 373,231

64

113

14




9,979
657
1,592
3,533
28,897

847

TABLE N O . 60.—Assets and liabilities of active national banks, Dec. 80,

CO

1939—Continued

00

[In thousands of dollars]
Capital stock

Time deposits

Demand deposits

Deposits o individuals, partnerships, and
f
corporations

Common stock

Location

Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

Preferred
stock

__

Total New England
States
_..

7.149
5,293
4,487
69,009
7,079
17,090

Par
value

States
U. S.
and
Gov- political
ernsubdiment visions

Total Eastern States.

_

2,796
5,953
1,583
70,622
5,913
18,156

7,762
5, 623
880
295,860
7,330
20,332

110,113 1,197, 292 18,476

105,023

337,787

13, 217

110,107

258, 305 260,040 3,868,449 36,847
36,258
318,023 11,855
36,911
149,752 149,805 1,183,892 66,381
1,690
9,355
393
1,722
11,147
150,947 23,954
11,147
7,650
129,363 1,294
7,650

66,073

464,802

1,330
2,001
433
1,165
847
472
7,022
1,673
3,273

23, 345
10,406
6,042
3,365
16, 777
14,806
13,292
2,960
10, 789
64,745
5,173

1,085




Banks
in
United
States

429
39,878
698
36,812
351
18,080
849,861 12,583
531
74, 563
178,098 3,884

7,149
5,293
4,493
69,009
7,079
17,090

22, 768
22,973
16,386
181
2,615
1,150

New York
New Jersey.
Pennsylvania
Delaware
Maryland
District of Columbia

Virginia
West Virginia..
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
•Arkansas

1,381
868
732
6,464
426
4,346

Unimpaired

Individuals.
partnerships,
and
corporations

467,275 5,660,029 140,724
23,345
10,406
6,042
3,365
16,777
14,806
13, 292
2,960
10,789
64,745
5.173

3,950
2,633
768
412
12,705
9,184
5,027
1,362
14,713
36,358
920

Banks
in
foreign
countries

15,446
103

15,549

224,852 1,, 416,971 308,773
90,113
18,578
6
81,722 529, 639
5,994
178
292
22,037
87,844
229
59
29,278
280

Deposits
accumuCertiflated
icates
for
of
Savings
payment
deof perposit
sonal
loans

453

431,889 14,578
403, 714
886, 297
8,182
88, 344
42, 687

25,423
3,518
74,450
311
3,157
1,896

418,961 2,082,602 315,282 2,128,870 108, 755
15,782
11,888
15,334
22,062
34,423
22,822
8,778
26,879
94,930

57,799
8,688
13. 313
6,730
82,342
60, 351
33,953
6, 216
109,746
308,350
22, 529

15
179
162
567

141

1,705
774
247
6,046
3,393
2,413

65,050
21,116
35, 291
214, 282
14,068
82,082

134, 334
55, 893
23,173
12,941
60,315
49,418
62, 691
20,043
62,171
156, 262
21, 908

6,451
5,363
3,771
688
4,067
704
3,755
3,905
3,262
22,014
4,790

Christmas
savings Open
acand
similar counts
accounts

3,022

453
235
267
392
79
1,282

1,391

6,210

2,554

2,708

650

1,266
1,723
3,028
8
122
177

31,926
3,187
95, 520
22
3,551
2,000

19,370
7,655
37, 506
5
1,065

4,518
673
44, 036
95
3,565
415

3,257

65,601

53,302

3,257

593
7,
915 /
53
182 /
531
26
450
1,155
162
4,739
716
1,
812
1,083
1,788
1,867 17,021
104
183

1,409
354
114
69
65
755
1,518
55
420
859
377

1,772
6,408
1,655
4,379
1
59
235
12,737
936
33
499
49
301
481
74
23
230
1,968
35

Banks
Banks
in
in
foreign
United counStates
tries

664
555
228
232
204
671

115
53
759
23
346

81
161

States
and
Postal politisavcal
subings'
divisions

15
3,032

3,000
8,950
140
255
201

6,324 136, 206 12, 546
364
143
35 V
41
305
109
63
43
168
296
32

1,819
138
155
18
804
1,788
1,221
2,667
402

351
10
240

Kentucky.
Tennessee.

2,312
5,823

Total Southern States. 38,332
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

14,668
4,590
6,412
14,120
10,154
4,524
2,663
2,440

11,190
18,132

11,190
18,132

127,435 3,136
158,429 15, 761

9,878 53,186
24, 728 116,898

4,641

9,492 9,480

37,682

10,311

1,867
137
756
419
161
2,461
670
952

725
393
850
220
344
174
82
143

6,402 2,490
47 1,436
24,419 3,768
1,353 1,906
848
366
450 1,600
140
2,731 2,309

13, 537
41
30,201
2,041
604
2,225
16
787

6,013
8,703
108
983
879
2,548
5
5,030

7,423

2,931

36,250 14,015

49,452

24,269

252
492
20
119
527
331
288
68
3,909

11
35
23
378
25
231
2,820

6,006

7,251

316,216 3,834,100 148,954 525, 565 1,632,557 12,263 1,752,093 194,305

560
52
8,626
1,394
131
1,299

2,875
2,812
12, 762
13,604
4,245
2,146
9,601
1,776
22,624

2,875
2,812
12,762
13,649
4,245
2,146
9,601
1,776
22,624

25,448
27,888
130,927
119,115
44,714
21, 561
145,921
25,097
192,623

9,723

72,445

72,490

733,294 19,872

2,131
147
19,310
833
1,002
70
1,203

20,392
8,908
116,694
1,869
2,821
890
1,325

20,392 210,141 6,572
8,908 126,230 5,875
116,694 1,068,536 92,477
25,349
1,869
90
30,318
2,821
29
16,722
116
890
34,940
182
1,325

150
277
2,784
5,340
227
216
1,414
416
9,048

2,414
11, 407
21,326
45,913
9,231
7,586
12,328
13,057
44,458

2,427
4,155
64,209
34,833
6,378
5,206
46,638
2,930
74,678

325,160
120,932
566,582
244,991
187,863
168,836
46, 426
201 91,303

6,758
5,108
15,128
13,779
4,032
1,795
3,664
1,876
15, 762

170
397
676
447
437
290
676
67
1,307

35
49
142
13
17

2,370

124
32
389
756
41
121
119
153
781

167, 720 241,454

41 224,814 67,902

4,467

478

2,935

2,516

33,352 48, 329
17, 513 21,951
127,198 168,904
8,454
1,431
8,200
14,457
4,528
1,009
10,616
1,416

1,570 125, 740 6,167
516 91,135 6,076
,
9,655 1, 267,031 36,833
12, 742 2,060
642
20,485
491
13, 912
914
14, 258

2
752
180
3,757
2,060 177, 920
224
2
84
94
26
127

946
235

3,406
2

544
1,661
34,818
52

3,416

37,139

3,420 181,894

8,154

2,200

16, 418 228, 232 44,531 343,343 103,937

5,457

12, 578
11,143
27,296
21,735
18,650
12, 729
66,140
8,049
46,494

Total Pacific States... 24,696 152,899 152,899 1, 512,236 105,341 209,861 257,497 11,830 1, 545,303 53,183
Total United States
(exclusive of possessions)
211, 612 1,317,491 1,320,015 14,921, 445 540,296 1,733, 425 5,431,998 356,836 6,890, 392 527, 521
300
3,350
121

280
4,036

28, 757
25,887
55,134
4,871
15,680
33,818
15,921
14,237

1,871

859
1,435
1,745
1,471
316
424
1,397
304
1,772

Alaska
The Territory of Hawaii....
Virgin Islands of the United
States

792
4,151

807, 423 88, 798

880,101

59,662 59,662 535,386 10,812 71,123 122, 922
19,966 19,966 230,268 15,231
47,299 59, 933
123,142 123,142 1,698,442 78,686 204, 566 809,806
22,157 22,157 423,657 20, 553 58,206 109,001
22, 272 22,272 218,398 11,986 24,074 69,028
33,031 33,031 308,292 1,766
61, 667 151, 512
10,380 10,380 109,813 2,350 22, 509 52,175
25,606 25,606 309,844 7,570
36,121 258,180

59, 571 316,216

377
1,081

12

201,022 201,022 1,984,494 106,929 306,295

300
3,350

29

14,556

371
3,203

381
3,467

211

90

2,241
16,805

31,049

67
3,812

16
10
142
304
18
75

115

29

170
1,377

3,963
1,550
19, 911 3,879
121
3,679
3,679
19,155 3,664
Total possessions
Total United States
356,840 6, 910,303 531,400 31,049
and possessions
211, 733 1, 321,170 1, 323, 694 14,940,600 543,960 1,737,388 5,433,548
* Includes U. S. Treasurer's time deposits—open account.




165
315

131
148
1,878

55,530 13,173
92,744 16,855

85
614

2,200
40
236

51
147

699

3,728

261

63

16, 424 228,232 45, 230 343,604 103,939

5,458

TABLE NO. 61.—Assets and liabilities of all active banks, June SO, 1920 to 1940

CO

[For figures covering each year 1834 to 1919, inclusive, see pp. 1023-1025 of the report for 1931]
[In thousands of dollars]

Number
of banks

1920.
1921.
1922.
1923.
1924.
1925.
1926.
1927.
1928.
1929.
1930.
1931.
1932.
1933.
1934,
1935.
1936.
1937.
1938.
1939.
1940

30,139
30,812
30,389
30,178
29,348
28,841
28,146
27,061
26,213
25,330
24,079
22,071
19,163
3 14,624
3 15,894
16,053
15,803
15,580
15,341
15,146
15,017

U.S.
Loans and
Governdiscounts, ment and
including
overdrafts other securities
30,650,050
28,688,971
27,628,331
30,157, 810
31,288,318
33,598,506
35,843,208
37,103,309
39,155,988
41,433,126
40,510,108
35. 210, 500
28,089,853
22,387,818
21, 431,153
20,419, 260
20,839,159
22,698,176
21,311,161
21, 516, 279
22, 557,670

11,251,956
11,278,769
12, 502,195
13,634,618
14,193, 638
15,374,899
15,815,141
17,255,093
18,771,814
17,348,738
17,944, 728
20,060,153
18,223,241
17,930,663
21, 289, 494
24, 217,155
27,859, 533
27, 274,139
26,345, 478
28,385, 768
29,074, 909

Cash

1,076,378
946,567
829,892
797,101
911, 500
951,286
996,520
1,007,896
887,845
819,928
865,970
884,327
791,627
672, 556
713,968
784,576
1,018,951
958,317
1,044, 251
1,042,408
1,148, 589

Balances
with other Other assets Total assets
banks l

2,558,844
2, 585, 609
2,345, 626
6, 793,225
2, 522,539
8,113,463
2,577,867
8,955,529
3,017,914
8,806,622
3,224,579
9,081,569
3,474,172
8,475,346
3,846,849
8, 451,497
3, 665, 390
10,312,062
3,829,508
9,482,618 4,119, 506
6, 576,090 3,509, 298
7,092,229
3,210,646
9, 501, 781 3, 221,158
11, 612,972 3, 352,900
14,103,430
3,367,168
14,670, 297 3,323,828
16,426,417
3,150, 400
19, 584,188 3, 072, 677
24, 535,268 2,897,193
7,291,019
6,084,872

Capital

2, 702, 639
52,828,247
49, 584, 788 2,903, 961
50, 294,893 2,943, 950
53,905, 293 3, 052,367
57,084, 786 3,114,203
3,169, 711
61,898,134
3, 273, 303
64,686,070
3,376, 498
67,922,039
3, 525, 522
71,137,842
3, 796,978
71,718,679
3,889,419
73,462,376
69,757,104
57,190,109
3, 317,864
51,293,912
2,899, 541
56,157, 554 * 3, 558, 786
< 3,605, 443
67,188,241 * 3,421,226
68,924, 757 * 3, 250, 650
68, 277, 707 < 3, 204, 751
73, 601,320 < 3,160,096
80,213,629 4 3,091,793

Surplus
and net
undivided
profits a
3, 251,344
3, 452, 775
3,631,252
3, 753,639
3,939,089
4,180, 773
4,535,139
4,895, 733
5,371,890
5,870,567
6, 392,079
6,161,081
5, 220, 637
4,485, 747
4, 293,964
4,230, 291
4, 549,867
4,985, 781
4, 977, 218
5,134,112
5,233,334

Circulation

Total

688,178
704,147
725, 748
720,001
729,686
648,494
651,155
650,946
649,095
649,452
652,339
639, 304
652,168
730,435

41, 725,224
38, 664,987
41,128,352
44, 249, 524
47, 709,028
51,995,059
54,069,257
56, 751,307
58, 431,061
57, 910, 641

222,095

Bills payable and
rediscounts,

etc.

59, 847,195
56,864,744
45, 390, 269
41, 533,470
46,625,041
51, 586,123
58, 339,815
59,822,370
59, 379, 550
64, 576, 694
71,153,458

3,033,999
2,560,673
940,801
1,185,849
738,075
772,823
822,134
847,475
1, 584,249
1,686, 226
713,495
769,955
1, 297,393
530,682
202,978
71,776
47,376
55,857
42,476
26,724
26,969

Other
liabilities

1,426,863
1,298, 245
924,790
943,913
854,705
1,131, 274
1,335,082
1,400,080
1,576,025
1,804,815
1,967,849
1,652,022
1,311,778
1,114,037
778, 492
671,135
829, 957
810,099
673, 712
703, 694
708,075

1 Includes reserve with Reserve agents, exchanges for clearing house, and all cash items, Beginning with the year 1936, however, cash items not in process of collection were called
for separately and are included with "Other assets."
2 Includes reserve accounts.
' Licensed banks; i. e., those operating on an unrestricted basis.
* Includes capital notes and debentures in banks other than national.
NOTE.—Figures in above table have been revised since published in reports prior to 1939 to exclude acceptances of other banks and bills of exchange or drafts sold with endorsement, reported as "contingent liabilities" beginning in 1939. Such acceptances in years 1920 to 1928 in previous reports were included with loans and discounts, and in years 1929 to
1938 with "Other assets." In years 1920 to 1925 these acceptances were previously included with bills payable, and in years 1926 to 1938 with "Other liabilities." The above figures
for years 1925 to 1938, published in reports prior to 1939, have been further revised in that securities sold with agreements to repurchase are included with bills payable instead of with
"Other liabilities."
(See also tables 62 and 63 covering figures for State and private banks and national banks, respectively.)




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TABLE N O . 62.—Assets and liabilities of all active banks other than national, June 80, 1920 to 1940
[For figures covering each year 1834 to 1919, inclusive, see pp. 1018-1020 of the report for 1931]
[In thousands of dollars]

Number
of banks

1920.
1921.
1922.
1923.
1924.
1925.
1926.
1927.
1928.
1929.
1930.
1931.
1932.
1933
1934
1935
1936
1937
1938.
1939.
1940

Loans and U. S. Government
discounts,
including and other
overdrafts securities

22,109
22, 658
22,140
21,937
21,263
20.769
20', 168
19, 265
18, 522
17,794
16,827
15, 266
13,013
s 9,722
s 10,472
10,622
10,429
10,281
10,093
9,937
9,847

17,147,931
16,709,286
16,435,360
18,377, 631
19,329,995
21,002,294
22, 516,467
23,248,835
24, 228,600
26,621,803
25, 612,904
22,025,225
17,803,476
14, 268,046
13, 733, 410
13,050, 543
13, 075, 817
13,885, 281
12,976, 537
12, 942, 576
13, 378, 443

7,201,060
7,356,842
7,984,242
8, 602,844
9,086,417
9,669,669
9.972,888
10; 861,875
11,624,366
10,692,203
11,056, 557
12,385,316
11,026, 589
10,559,032
11,940,941
13, 500, 769
15,376, 908
15,151,852
14,701,202
15,832,888
16,169, 634

Cash

626,027
572,218
503,711
505,993
566, 281
591,681

with other Other assets Total assets
banks 1

3,245,992
2,922,339
3,344,135
3,421,710
4,001,490
4, 523,206
4,376, 207
4, 568,567
643,692
4,172,664
572,732
4,467,353
521,925
5,239, 230
523,463
4,856,012
515,738
3,428,633
453,223
3,261,761
384,078
4,157,218
361,566
5,150, 264
379,063
487, 257 6,253, 698
513, 719 6,737,026
7,504,167
515,946
9,039,962
511,828
566,286 11,240,467

1,330,980
1,541,041
1,385,876
1,533,271
1, 565,164
1,847,628
1,968,967
2,128,137
2, 258,986
2,140,033
2,157, 783
2,500,252
2,117,659
1,965,416
2, 064, 235
2^249,751
2, 297,805
2,308,073
2,202,295
2,093,494
1,973,719

29, 551,990
29,101, 726
29,653,324
32,441,449
34, 549,347
37,634,478
39, 471,098
41, 451,106
42, 857,348
44,443,317
44, 589,937
42, 282, 543
34,829, 580
30, 438,333
32, 257,370
34,330,390
37,491,485
38, 595,951
37,900,147
40,420, 742
43, 328, 549

Capital
stock

Surplus
Capital
and net
notes and undivided
debentures
profits 2

1,478,473
1,630,081
1, 636, 734
1, 723,476
1, 780,192
1, 800,276
1,860,431
1,902, 325
1,931,666
2,169, 603
2,145, 445
i, 982,335
. 748,881
,
L, 383,894
L 521,184
,
L 485,132
,
,483,555
, 467,766
,446,666
1,428,973

322,461
274,756
244,719
184,964
164,085
150,474
128,171

1,853,435
1, 930,364
2,090,012
2,206,818
2,356,855
2,580,134
2,858,653
3,130,367
3,394,758
3,823,179
4,159,905
4,093,014
3, 509,772
3,144,840
3,030,758
2,953,376
3,075, 514
3.355,747
3, 276,299
3,307,556
3,291, 542

Total
deposits

24,558, 654
23, 516,468
24,799, 532
27,342,975
29,351,735
32,073, 263
33,414, 213
34,960,735
35,773,790
36,312, 553
36,578,311
34,666, 504
27,929,356
24,759,355
26,692,381
29,067,877
32,139,362
33,056,457
32,563,656
35,107,225
38,079, 051

Bills payable and
rediscounts,
etc.
962,927
1,123, 494
496, 490
510,049
427,930
377,636
396,689
475,904
775,847
922,059
476, 289
606,156
750,968
403,604
182,900
62,902
43,656
46,641
23,184
24,059

Other
liabilities

698, 501
901,319
630,556
658,131
632,635
941,112
981, 775
981,287
1,215,923
1,229,987
934, 534
890,603
746,640
530,372
450,295
503,102
468,587
395,451
385, 637
376,753

iIncludes reserve with Reserve agents, exchanges for clearing house, and all cash items, Beginning with the year 1936, however, cash items not in process of collection were called
for separately and are included with "Other assets."
* Includes reserve accounts.
' Licensed banks; i. e., those operating on an unrestricted basis.
NOTE.—Figures in above table have been revised since published in reports prior to 1939 to exclude acceptances of other banks and bills of exchange or drafts sold with endorsement, reported as "contingent liabilities" beginning in 1939. Such acceptances in years 1920 to 1928 in previous reports were included with loans and discounts, and in years 1929 to
1938 with "Other assets." In years 1920 to 1925 these acceptances were previously included with bills payable, and in years 1926 to 1938 with "Other liabilities." The above figures
for years 1925 to 1938, published in reports prior to 1939, have been further revised in that securities sold with agreements to repurchase are included with bills payable instead of with
"Other liabilities."
(Qee also tables 61 and 63 covering figures for all banks and national banks, respectively.)




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TABLE N O . 63.—Assets and liabilities of all active national banks, June 30, 1920 to 1940

00

[Forfigurescovering each year 1863 to 1919, inclusive, see pp. 1021 and 1022 of the report for 1931]

to

fcO

[In thousands of dollars]
U.S.
Loans and GovernNumber discounts, ment and
of banks including other secuoverdrafts
rities

Cash

Balances
with other Other assets Total assets
banks l

Capital

Surplus
and net
undivided
profits 2

Circulation

Total
deposits

688,178
704,147
725,748
720.001
729,686
648,494
651,155
650,946
649,095
649,452
652,339
639,304
652,168
730,435
698.293
222,095

17,166,570
15,148, 519
16, 328,820
16,906, 549
18,357,293
19,921,796
20,655,044
21,790, 572
22,657, 271
21, 598,088
23, 268,884
22,198,240
17,460,913
16,774,115
19,932,660
22,518,246
26,200,453
26,765,913
26,815,894
29,469,469
33,074,407

Bills payable and
rediscounts,
etc.

Other
liabilities
o

1920.
1921.
1922
1923
1924.
1925.
1926.
1927.
1928.
1929.
1930.
1931.
1932.
1933
1934.
1935.
1936.
1937.
1938.
1939.
1940.

8,030
8,154
8,249
8,241
8,085
8,072
7,978
7,796
7,691
7,536
7,252
6,805
6,150
3 4,902
3 5,422
5,431
6,374
5,299
5,248
5,209
5,170

13,502,119
11,979,685
11,192,971
11,780,179
11,958,323
12,596,212
13,326,741
13,854,474
14,927,388
14,811,323
14,897, 204
13,185, 275
10, 286,377
8,119,772
7,697,743
7,368,717
7, 763,342
8,812,895
8, 334, 624
8,573, 703
9,179, 227

4,050,896
3,921,927
4, 517,953
5,031, 774
5,107, 221
5,705,230
5,842,253
6,393,218
7,147,448
6,656, 535
6,888,171
7,674,837
7,196,652
7,371,631
9,348, 553
10, 716,386
12,482,625
12,122, 287
11,644, 276
12,552,886
12,905, 275

450,351
374,349
326,181
291,108
345, 219
359,605
359,951
364,204
315,113
298,003
342,507

4,045,027
3,162,533
3, 644, 714
3,371, 515
4, 111, 973
4,432,323
4,430,415
4, 513,002
4,302,682
3,984,144
5,072,832
4, 626,606
338,404 3,147,457
288,478 3,830,468
352,402 5,344, 563
405, 513 6,462, 708
531,694 7,849, 732
444,598 7,933,271
528,305 8,922,250
530,580 10, 544,226
582,303 13,294,801

1,227,864
1,044,568
959,750
989, 268
1, 012, 703
1,170, 286
1, 255,612
1,346, 035
1,587,863
1, 525,357
1,671,725
1,619, 254
1,391,639
1, 245,230
1, 156,923
1,103,149
1,069,363
1,015, 755
948,105
979.183
923,474

23, 276, 257
20,483,062
20,641,569
21,463,844
22, 535,439
24, 263,656
25,214,972
26,470, 933
28, 280,494
27, 275,362
28,872,439
27,474,561
22,360,529
20,855,579
23,900,184
26,056,473
29,696.756
30, 328,806
30,377,560
33,180, 578
36,885,080

1,224,166
1,273,880
1,307,216
1,328,891
1,334,011
1, 369,435
1,412,872
1,474,173
1, 593,856
1, 627,375
1,743,974
1,687,663
1, 568,983
1,515,647
1,737,827
1,809,503
1,691, 375
1,582,131
1, 572,900
1,562, 956
1, 534, 649

1,397,909
1, 522,411
1,541,240
1, 546,821
1,582,234
1,600,639
1, 676,486
1, 765,366
1,977,132
2,047, 388
2, 232,174
2,068,067
1,710,865
1,340,907
1, 263, 206
1,276,915
1,474, 353
1, 630,034
1, 700,919
1,826, 556
1, 941, 792

2,071,072
1,437,179
444,311
675,800
310,145
395,187
425,445
371,571
808,402
764,167
237, 206

163,799
546,425
127,078
20,078
8,874
3,720
9,216
9,586
3,540
2,910

728, 362
396,926
294,234
285, 782
222,070
328,105
393.970
418,305
594,738
588,892
737,862
717,488
421,175
367,397
248,120
220,840
326,855
341, 512
278,261
318,057
331,322

o
o

I
o

w

1

Includes reserve with Reserve agents, exchanges for clearing house, and all cash items. Beginning with the year 1936, however, cash items not in process of collection were called
for separately and are included with "Other assets."
2
Includes reserve accounts.
8
Licensed banks; i. e., those operating on an unrestricted basis.
NOTE.—Figures in above table have been revised since published in reports prior to 1939 to exclude acceptances of other banks and bills of exchange or drafts sold with endorsement, reported as "contingent liabilities" beginning in 1939. Such acceptances in years 1920 to 1928 in previous reports were included with loans and discounts, and in years 1929 to
1938 with "Other assets." In years 1920 to 1925 these acceptances were previously included with bills payable, and in years 1926 to 1938 with "Other liabilities." The above figures
for years 1925 to 1938, published in reports prior to 1939, have been further revised in that securities sold with agreements to repurchase are included with bills payable instead of with
''Other liabilities."
(See also tables 61 and 62 coveringfiguresfor all banks pnd State and private banks, respectively.)




9

TABLE N O . 64.—Federal Reserve notes, segregated by series, printed, shipped and canceled, issued to banks, retired and destroyed since organization of the Federal Reserve banks with balance in vaults and amount outstanding Oct. 31, 1940
VAULT BALANCE OCT. 31, 1940, 1914-18 SERIES
Fives
Total printed
$5,370,100,000
Total shipped and canceled _ 5, 370,100,000
0
Total on hand

One thousands Five thousands

One hundreds

Five
hundreds

$5,978,520,000 $6,092, 240,000 $1,283,800,000
5,978, 520,000 6,092, 240,000 1, 283,800, 000

$884,400,000
884,400,000

$173,000,000
173,000,000

0

0

0

Twenties

Tens

0

Fifties

0

Ten thousands

Total

$333,600,000 $108,000,000 $184,000,000 $20,407,660,000
333, 600,000 108,000,000 184,000,000 20,407,660,000
0

0

0

0

V A U L T B A L A N C E O C T . 31, 1940, 1928-34 S E R I E S
$2,829, 780,000
Total printed
Total shipped and canceled. 2, 207,100,000

Total on hand

622,680,000

$8,816,160,000 $6,917,280,000 $2,149, 400,000 $3,164, 000,000 $1, 220, 960,000 $1,666,796,000 $210,840,000 $290,880,000 $27,266,096,000
7,986,600,000 5, 662,960,000 1,411,600,000 2,020,800,000
99,120,000 151, 720,000 21,294,956,000
660, 460,000 1,094, 596,000
829, 560,000

1, 254,320,000

737,800,000

1,143, 200,000

560, 500, 000

572,200,000

111, 720,000

139,160,000

5,971,140, 000

I S S U E D , R E T I R E D , A N D O U T S T A N D I N G , O C T . 31, 1940, 1914-18 S E R I E S

t-1
Total issued
Total retired...

$6,148,375, 250 $6,990,812,040 $7,192, 258,040 $1,486,660,050 $1, 111, 562, 800
6,137,168,670 6,978,169, 400 7,174,871,440 1,479,394,300 1,103, 401,800

Total outstanding

11,206,580

12,642,640

17,386,600

7, 265,750

8,161,000

$184, 528,500
182,884, 500

$424,150,000
419, 748,000

1,644,000

4, 402, 000

$73, 340,000 $127, 260,000 $23,738,946,680
73, 270,000 127,170,000 23,676,078,110
70,000

90,000

62,868,570

I S S U E D , R E T I R E D , A N D O U T S T A N D I N G O C T . 31, 1940, 1928-34 S E R I E S

Total issued
Total retired..
Total outstanding

$2,917, 569, 250 $9,758,075,000 $7, 341, 615,600 $1,803,454,350 $2,628,183, 300
2,878,400, 995 8,081,892, 700 5, 671,129,480 1, 298, 702, 450 1, 575, 316,800




39,168, 255

1, 676,182,300

1, 670,486,120

504, 751,900

1, 052,866, 500

$722, 653,000 $1, 313, 384,000
492,154, 000
792,151, 000
230,499,000

521, 233, 000

$88, 755, 000 $213, 580,000 $26,787,269,500
59, 345,000 155,370,000 21,004,462,425
29,410,000

58, 210,000

8

5, 782,807, 075

CO

to
CO

TABLE N O . 64.—Federal Reserve notes, segregated by series, printed, shipped and canceled, issued to banks, retired and destroyed since
organization of the Federal Reserve banks with balance in vaults and amount outstanding Oct. 81, 1940—Continued

CO

M U L T I L A T E D F E D E R A L RESERVE NOTES, BY DENOMINATIONS, R E C E I V E D AND D E S T R O Y E D SINCE ORGANIZATION OF T H E F E D E R A L
RESERVE BANKS AND ON HAND IN VAULT OCT. 31, 1940, 1914-18 SERIES

Fives
Boston
New York
__
Philadelphia
Cleveland
Richmond
Atlanta
_
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total received
Total destroyed

Tens

Twenties

$451,333,720
1,486,239,170
518,346,385
365,355,835
229,264,560
271,611,915
822,554,545
208,081,105
145,897, 500
218,993,040
142,334, 775
458,140,870

$696,440,150
1,763,770,040
565,267,980
437,675, 540
274,756,230
312,973,150
846,108,620
214,578,850
143,216,480
164,023, 550
129, 565,250
413,381, 520

$514,081,000
1,171,090,460
600,493, 540
768,668,860
338,015,920
317,722,420
932, 764,760
214,221,460
131,198,020
182,676,000
136,919,300
713,161,560

5,318,153,420 5,961, 757,360
5,318,153, 420 5, 961, 757,360

Balance on hand

0

0

Fifties

One hundreds

$52,351,650
261,317,350
185,125,700
298,856,150
82,796,300
43,193,050
198, 502,500
28,394,000
7,925,300
18,490,550
10, 731,450
67,450,250

6,021,013, 400 1,255,134, 250
6,021,013,400 1,255,134,250
0

0

One thousands

Five hundreds

Five thousands

Ten thousands

Total

$3,995,000
7,985,000

$8,010,000
15,970,000

1,980,000
2,000,000

3,970,000
4,000,000

3,985,000
2,000,000

4,000,000

$72,249,100
305,588,600
63,061, 500
66,222,300
41,376,200
47,049,900
87,712,900
18,553,300
11,830,900
25,316,400
12,261,600
105,416,300

$6,733,500
62,284, 500
3,372,500
7,692,000
2,001,000
13,187, 500
14,962, 500
3,356,000
1,984,500
3,538,000
2,170,000
10,074,000

$20,540,000
123,898,000
13,449,000
8,651,000
8,360,000
41, 741,000
18,786,000
4,260,000
2,753,000
4,321,000
4,358,000
21,681,000

13,985,000

19,960,000

$1,825,734,220
5,198,143,120
1,949,116,605
1,959,071,685
982,570,210
1,047, 478,935
2,925,376,825
697, 444, 715
444,805,700
617,358, 540
438,340,375
1,823,250,500

856,639,000
856,639,000

131,356,000
131,356,000

272,798,000
272,798,000

35,930,000
35,930,000

55,910,000
55,910,000

19,908,691.430
19,908,691,430

0

0

0

0

0

o

0

a
o
O

M U T I L A T E D F E D E R A L R E S E R V E NOTES BY DENOMINATIONS, R E C E I V E D AND D E S T R O Y E D SINCE D A T E OF FIRST S H I P M E N T (APR. 30, 1929)
AND ON HAND IN VAULT OCT. 31, 1940, 1928-34 SERIES

Boston
New Y o r k Philadelphia
Cleveland-..
RichmondAtlanta
Chicago
St. Louis
Minneapolis.

$143, 203,135 $684, 389, 220 $242,541,000
359, 411, 795 1, 602, 512,060 712,079, 600
193, 283,005
546, 663, 220 306,199, 920
152,121,050
532, 796, 020 445,193, 360
334, 470, 640 338, 227,520
87,791,975
247, 586, 820 138,474,680
184,997,660
916,131, 270
227,315, 435
578, 634,140
140, 929, 645 255,996, 530
142,101,280
138,663,410
86,952,380
43,663,375




$37,624,050
118,385, 700
75,291,400
66,514, 200
44, 944,200
17,993,850
87, 219,150
11,330,500
3, 501,700

$38,091,100
147,133,900
22,157,400
28, 725, 700
22,562,900
52,147, 500
17, 550,800
6,335, 600

$3,450,000
37, 776, 500
2,378,000
6, 316, 500
1,697,500
5,764,000
15,122,000
1,696,000
594,000

$6,700,000
54,025,000
3, 781,000
9,999.000
11,149,000
14,836,000
30, 756,000
2,491,000
688,000

$295,000
1,040,000
200,000
385,000
75,000
1,020,000
65,000

$570, 000 $1,156,863, 505
1,930,008 3,034, 294,555
1,158, 286,845
1,080,000 1,236,377, 530
6,160,000
853, 551, 535
130,000
632,420,910
560,000
1,908,905,495
572, 240, 755
80,000
280.398,465

o
d

i
Q

Kansas City
Dallas
San Francisco
Total received..
Total destroyed

56, 633,870
83,088,030
187, 720,420

86, 953,940
134,586,340
382, 916, 930

136, 517,300
81, 568,480
323,511,120

11,364,900
6,233,350
24,128, 650

18, 575,600
10,358, 200
40,853,900

3,160, 500
1,050,000
2, 518,000

8, 609, 000
1, 503,000
4,516,000

70.000
25,000

2, 230,000
70, 000
100,000

424,115,110
318,482,400
966, 265, 020

1,860,159,395
1,860,033, 945

5,963,666,400
5,957,849,050

3, 532,000,780
3, 527,826,280

504, 531, 650
504,109,200

435,182, 900
434,728, 700

81,523, 000
81,479,000

149,053,000
149,006,000

3,175,000
3,175,000

12,910,000
12,900,000

12, 542, 202,125
12, 531,107,175

125,450

5,817,350

4,174,500

422,450

454, 200

44,000

47,000

0

10,000

11,094,950

Balance on hand




1-3

O-

fed:

a

CO'

to

Oi:

326

REPOIRT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 65.—Loans on and purchases of preferred stock of national banks disbursed by the Reconstruction Finance Corporation from Mar. 9, 1938, to June SO,
1940, inclusive, and outstanding as of June SO, 1940
Disbursed

State

Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
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
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Alaska..
Virgin Islands
Total

Number
of banks

Amount

Outstanding
Number
of banks

Amount l
$4, 500,700
1,196,600
885,794
57, 382,687
1,119,800
2,821,958
123,300
1, 612,800
349,000
801,250
759,100
4, 789, 295
2, 693, 520
2, 378, 950
1,163, 500
1, 544, 879
3, 216, 500
521, 685
2, 057, 540
4, 014, 446
13,934, 061
4, 604, 477
1,492, 300
2,159, 925
257,980
1, 531,950
12,500
164,135
25,034,842
285,150
18,578,125
312,500
730, 400
17, 276,154
1, 358,115
130, 300
12,139, 355
396, 065
934, 500
1,428, 554
5, 598,815
10, 303,304
523,811
347,008
1,097,775
1,845,075
624, 270
9, 662,900
205,000

27
3
24
63
33
16
4
7
13
18
9
133
51
49
46
29
15
13
13
43
53
97
15
31
20
50
3
9
138
6
240
18
31
83
40
20
200
3
6
27
27
148
8
9
36
23
36
57
10
1
1

$11,346,800
1, 540,000
1,570,000
67,376,725
4,143, 500
3, 723, 426
137, 300
2,900,000
1, 330,000
1, 722, 500
1, 090, 000
84,160,114
7,188, 500
6, 512, 500
2, 282, 500
3, 397, 350
4, 400, 000
2, 610,000
2,998,170
10, 723, 200
20, 670, 760
13, 577, 525
2,652, 650
8, 737,125
1, 511,000
5,849,950
175,000
686, 635
32, 022,436
410, 000
129,486, 606
1, 905, 000
2, 410, 500
35, 500, 737
10, 874, 000
890, 000
20, 693, 736
648, 500
1, 505,000
2,954,100
8,062, 500
23, 651,625
1,325,000
560,000
3,917,400
3, 090, 000
3, 445, 067
15, 545,100
702, 500
37 500
125, 000

10
1
13
34
19
15
4
6
9
11
6
94
30
30
31
12
13
8
10
19
41
53
13
21
10
30
1
5
113
4
167
10
18
57
22
5
158
3
3
19
20
99
6
7
22
12
24
38
5
1

119,000

2,055

574, 775, 537

1,362

227,021,650

1 Amount outstanding includes repayments unallocated, pending advices, as of June 30,1940.
2
Includes capital investments in banks other than national, except export-import banks of Washington.




REPORT OF THE COMPTROLLER OF THE CURRENCY

327

TABLE N O . 66.—Loans made by the Reconstruction Finance Corporation to aid in
the reorganization or liquidation of closed national banks from Feb. 2, 1932, to
June 30, 1940
State

Alabama
Arizona
Arkansas
California
Colorado
District of Columbia i
Florida
Georgia
Idaho.
-Illinois
Indiana
Iowa
-.
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Jersey
New Mexico
New York.
North Carolina
North Dakota
Ohio
Oklahoma
Oregon-Pennsylvania
South Carolina
South Dakota
Tennessee.-Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
__
Total
i Includes banks other than national.




Amount
authorized

Amount
withdrawn
or canceled

Amount
disbursed

$1,173,300
217,000
1, 785, 200
13, 948, 485
1, 867,950
16,664,341
1,866,300
513, 800
3,628,400
37, 756, 213
21,230, 927
11, 401, 002
2, 285, 700
8,956,573
336, 300
11,823, 200
3,499, 036
10, 250, 700
260,496, 044
2, 638,747
2, 902,400
7, 971, 500
465, 200
1, 518,127
1,005, 000
23, 729,490
465, 000
44,268, 593
7,134,900
2,589, 265
14, 387, 664
2, 261, 303
3, 237,800
82, 884, 085
7, 394,180
1, 295,184
16, 761,144
5,966, 434
39, 500
1,349, 800
2,199, 700
11, 705,370
8, 529, 884
7,101, 721

$382,402
67, 600
356, 251
2,854, 683
439,020
2, 536, 948
720,504
204,631
364,207
9,256,400
4, 731,649
2,344 '563
655,045
2,482,669
231, 300
799,435
643,476
2,487, 637
45, 766,600
571,693
599,675
2,316, 759
127, 700
376, 603
259, 200
6, 744,348
104,157
6, 577,588
1, 819,192
919, 748
3,496,129
992, 548
455,668
22, 663,445
1, 542,866
276, 620
1, 057,480
1,011,947
4,500
284,801
412, 335
1, 636, 615
1, 287, 893
1, 646, 766

149, 400
1,428, 949
11,093, 802
1,428,930
14,127,393
1,145,796
309,169
3, 264,193
28,493,413
16,499,278
9, 056,439
1,630, 655
6,473,904
105, 000
11,023, 765
2,855,560
7, 763,063
214, 610,444
2,067,054
2,302, 725
5, 654,741
337, 500
1,141,524
745,800
16,985,142
360,843
37,088, 505
5,315, 708
1,669, 517
10,891, 535
1, 268, 755
2, 782,132
59, 751,140
5,851, 314
1,018, 564
15, 703, 664
4,954,487
35,000
1, 064, 999
1, 787,365
10,068, 755
7, 241,991
5,454,955

669, 502,462

134, 511, 296

533,793, 766

TABLE NO. 67.—Summary of unlicensed national banks in the United States, and nonnational banks in the District of Columbia, on Mar. 16,
1933, and unsecured liabilities released to June 30, 1940, grouped in accordance with final disposition
NATIONAL BANKS IN UNITED STATES AND NONNATIONAL BANKS IN THE DISTRICT OF COLUMBIA

Groups of banks

Banks licensed after capital corrections
Banks reorganized by waiver or rehabilitation:
Banks absorbed by another national bank
Banks absorbed by a State bank
Banks reopened under new charter
Banks reopened under old charter
Banks reorganized by Spokane sale:
Banks absorbed by another bank
Banks reopened under new charter
Banks placed in voluntary liquidation
Banks placed in receivership, plans for reorganization
having been disapproved
Total

Total assets Total deposits Total boras of Dec. 31, as of Dec. 31, rowed money
as of Dec. 31, Unsecured
1932, or as
1932, or as
1932, or as
reported in
liabilities
reported in
reported in
conservators' conservators' conservators'
first reports first reports
first reports

Num- Capital at
ber of date of orbanks ganization

Capital as
of Dec. 31,
1932, or as
reported in
conservators'
first reports

292 $18,947,300

$28,614,800

$395,468,355

$306,821, 531

$305,638,919

$305,638,919

100.00

14,056,815
14,509,635
440,244,005
361,671, 765

9,431,290
10,174,715
299,457,744
275,308,142

1,998,784
1,311,671
46,856,330
27, 243, 742

9,431,187
10,174,715
299,493,920
275, 505,008

9,054,232
9,749,937
253,216,667

96.00
95.83
84.55
94.51

29,368, 727
1,190,471,908
2, 725,441

21,934,162
895,105,083
1,343, 597

2,548, 592
81,455,922
430,618

20,070,016
862,831,838
1,343, 597

18,560,174
711,606,371
1,343, 597

92.48
82.47
100.00

152, 383, 758

35, 799,831

138,209, 538

99,354,542

71.89

1, 971, 960,022 212,627, 465 1,922,698, 738 1,668,892, 765

86.80

17
18
282
248

710,000
875,000
22,308,000
14, 772,000

1,390,000
1,335,000
39, 512, 500
21,893,000

21
236
13

1,905,000
27,710,020
380,000

2,300,000
79,965,020
525,000

290

13,238,000

22,922,500

238,885,486

1,417 100,845, 320

198,457,820

2,687,402,137

$14,981,975

Unsecured
liabilities
released

Percent
of unsecured
liabilities
released

NATIONAL BANKS I N U N I T E D STATES
Banks licensed after capital corrections
Banks reorganized by waiver or rehabilitation:
Banks absorbed by another national bank
Banks absorbed by a State bank
Banks reopened under new charter.._.
Banks reopened under old charter
_.
Banks reorganized by Spokane sale:
Banks absorbed by another bank
Banks reopened under new charter
Banks placed in voluntary liquidation
Banks placed in receivership, plans for reorganization
having been disapproved
Total




292 $18,947, 300

$28,614,800

$395,468,355

$306,821,531

$14,981,975

$305,638,919

$305,6?8,919

100.00

16
610,000
18
875,000
282 22,308, 000
248 14, 772,000

990,000
1, 335,000
39,512, 500
21,893,000

10,141,429
14,509,635
440, 244,005
361,671,765

7,108,070
10,174, 715
299,457,744
275,308,142

1,013,363
1,311,671
46,856,330
27,243,742

7,107,967
10,174,715
399, 493,920
275,505,008

6,796,303
9,749,937
253,216,667
260,368,326

95.62
95.83
84.55
94.51

20
1,855,000
230 27,355,020
13
380,000

2,200,000
79,425,020
525,000

28,369,729
1,181,830,883
2,725, 441

21,180,684
889, 247,893
1,343,597

2,489,704
79,643,033
430,618

19,335,872
856,828,876
1,343,597

17,826,030
706,514,137
1,343,597

92.48
82.46
100.00

34,711,546

132, 514,223

95,651,618

72.18

208,681, 982 1,907,943,097 1,657,105,534

6.85

288

13,038,000

22, 722, 500

233,686,104

148,824,874

1,407 100,140, 320

197, 217,820

2,668,647,346

1,959,467,250

CO

NONNATIONAL BANKS IN THE DISTRICT OF COLUMBIA
Banks reorganized by waiver or rehabilitation: Banks
to absorbed by another bank
M Banks reorganized by Spokane sale:
g>
Banks absorbed by another bank
Banks reopened under new charter
Banks placed in receivership, plans for reorganization
having been disapproved
_
Total.




$100,000

$3,915,386

$2, 323,220

100,000
540,000

998,998
8,641,025

753,478
5,857,190

200,000

10

$400,000

50,000
355,000

200,000

5,199,382

3,558,884

1,088,285

705,000

1,240,000

18,754,791

12, 492, 772

3,945,483

$985,421

$2,323,220

$2,257,929

97.19

1,812,889

734,144
6, 002, 962

734,144
5,092,234

100.00
84.83

5,695,315

3,702,924

65.02

14, 755,641

11, 787,231

79.88

M
O
o

g

1
3

w
a
d

CO

fcO
CO

330

RETORT OF THE COMPTROLLER OF THE CURRENCY

TABLE N O . 68.—National banks in charge of receivers during year ended Oct. 81,194Oy
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Organization

Failure

N a m e a n d location of b a n k s

Charter
No.

Date

Capital
stock at
date of

Date receiver
appointed

ALABAMA

1897
2103
2142
2190
2648

First National Bank in Decatur
First National Bank, Sylacauga
Central National Bank, Decatur *
Gadsden National Bank, Gadsden
First National Bank in Bessemer 7

1841

Nogales National Bank, Nogales

10336 Feb. 2,1913
7451 Oct. 10,1904
10423 July 10,1913
8560 Jan. 25,1907
6961 Aug. 25,1903

$200,000
50,000
200,000
125,000
100,000

Jan. 18,1932
July 27,1932
Oct. 1,1932
Dec. 1,1932
Dec. 28,1933

May 15,1917

50,000

Dec. 11,1931

7,1904
4,1916

50,000
80,000

Jan. 12,1931
May 1,1934

7632 Feb. 11,1905
12819 Aug. 29,1925
11461 July 7,1919
8504 Dec. 18,1906
12988 Aug. 6,1926
8798 July 8,1907

1,000,000
300,000
450,000
2,000,000
125,000
150,000

10228 June 26,1912

75,000

Jan. 15,1934

Jan. 16,1925

50,000

June 26,1939

ARIZONA

11012

ARKANSAS

1492
2817

First National Bank, Corning i
Lee County National Bank, Marianna 7

1658
1977
2036
2244
2310
2311

United States National Bank, Los Angeles,.
Seaside National Bank, Long Beach
First National Bank, Beverly Hills
California National Bank, Sacramento
City National Bank. Huntington Park 7
First National Trust & Savings Bank,
Chico.7
Anaheim First National Bank, Anaheim ?..

7311 June
10854 May

CALIFORNIA

2687

Aug.
Feb.
June
Jan.
July
July

18,1931
17,1932
7,1932
21,1933
13,1933
18,1933

COLORADO

None. ._
CONNECTICUT

2958

Plantsville National Bank, Plantsville *

12637

DELAWARE

None-.
DISTRICT OF COLUMBIA

2285
2514
2540

Commercial National Bank, Washington,
D. C.
Federal-American National Bank & Trust
Co., Washington, D. C.7
District National Bank, Washington, D. C.7.

7446

Oct. 18,1904

1,000,000

Feb. 28,1933

10316

Jan. 15,1913

2,000,000

Oct. 31,1933

9545

Sept. 8,1909

1,000,000

Nov. 6,1933

13159
10346
10069

Dec. 23,1927
Feb. 26,1913
Aug. 1,1911

500,000
250,000
200,000

Dec. 23,1930
Feb. 12,1931
Feb. 27,1934

3471

Mar. 9,1886

375,000

Aug.

4502
10337
11737

Dec. 27,1890
Feb. 7,1913
Apr. 13,1920

100,000
250,000
300,000

Dec. 5,1930
Apr. 6,1931
May 19,1931

3916 June 21,1888
10179 Apr. 18,1912

600,000
525,000

June 9,1931
do

FLORIDA

1470
1518
2745

City National Bank in Miami
First National Bank, Panama City
First National Bank & Trust Co. in Orlando.7
GEORGIA

None

-_ -_
IDAHO

2112

Boise City National Bank, Boise

9,1932

ILLINOIS

First National Bank, Marion
Austin National Bank, Chicago
Albany Park National Bank & Trust Co.,
Chicago.
1596 Washington Park National Bank, Chicago.
Inland-Irving National Bank, Chicago
1597
Footnotes at end of table, pp. 430 and 431.

1444
1547
1582




REPORT OP TH(E COMPTROLLER OIF THE CURRENCY

331

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. SI, 1940
Circulation

Liabilities

Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure

Total deposits at
date of
failure

$326,033
59,842
292,089
199,999
251,239

$760,770
326,850

Assets and assessments

Additional Total liabil- Lawful Outstand- Book value
liabilities ities estab- money
ing at
of assets
established lished to deposited
date of
at date of
date of
to date of
to retire
failure
failure
report
report

$1,117,015
392,226
313,190
966,360
1,327,152

$200,000
48,077

$200,000
48,077

737,629
1,037,997

$30,212
5,534
21,101
28,732
37,916

67,500
78,570

84,507

410, 584

8,021

503,112

48,860

125,547
334,983

395,233

47
45,045

125,594
775,261

175,577
1, Oil, 963
2,119,977
142,482
260,662

7,798,942
975,185
5,197,831
11, 258, 781
635,961
2, 252,104

716,959
7,352
120,161
171,961
24,972
24,907

8,515,901
1,158,114
6,329,955
13,550,719
803,415
2,537,673

97,900
400,000
1, 701,580

97,900
400,000
1,701,580

150,000

262,080

368, 375

35,030

665,485

50,000

421,461

51,200

472, 661

Additional
assets received
since date
of failure

67,500
78, 570

$1,337,925
457,869
523, 777
1,101,974
1,575,569

$49,221
13,371
10,006
67,022
56,714

1897
2103
2142
2190
2648

48,860

586,058

129,414

1841

172,809
827,902

90,121

1492
2817

150,000

8,937,321
1,470,598
6,874,856
15, 724,822
926,050
2,722, 544

217,341
52,200
509,156
453, 523
12, 513
155,819

1658
1977
2036
2244
2310
2311

50,000

736,038

10, 554

2687

380,181

106,023

2958

2,953,219

10,147,364

143,611

13, 244,194

984,400

984,400

14,754,878

206, 590

2285

4, 289,129

9, 583,792

383,142

14, 256,063

49,817

49,817

17, 095, 563

305,732

2514

1,061,693

6,077,504

210,283

7,349,480

903,000

903,000

8,601,400

520,656

2540

362,960
151,943
515,526

5,996,970
672,638
2,114, 277

124,363
19,293
130, 216

6,484,293
843,874
2,760,019

50,000

50, 000

7,336,197
1,189,983
3, 077, 336

233,662
167, 567
157,666

1470
1518
2745

181,149

2,365,834

28,777

2, 575,760

248,080

248,080

3,042,017

359,008

2112

214,000
508,107
515,600

1,567,657
2,116,813
1,700,609

11,784
30,827
65,301

1,793,441
2,655,747
2,281,510

96,995
24,700
200,000

96,995
24,700
200,000

1,952,643
3,110,580
2,590,773

83,098
37,449
131,125

1444
1547
1582

901,957

7,521,346
4,169,504

44,441
192,901

7,565,787
5,264,362

500,000
296,760

500,000
296,760

8,544,106
5,704, 212

359, 577
165,325

1596
1597




332

REPOGRT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 68.—National banks in charge of receivers during year ended Oct. 81,1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indx
Assets and assessmentsContinued

Progress of liquidation to date of this report

Total assessment upon
shareholders

Total assets
and stock
assessment

Cash collections from
assets

Cash collections from
stock
assessment

Receivership
earnings, cash
collections
from interest,
premium,
rent, etc.

1897
2103
2142
2190
2648

$200,000
50,000
200,000
125,000
100,000

$1,587,146
521,240
733,783
1,293,996
1,732,283

$906,604
214,080
155,155
540,096
1,129,494

$92,348
27,650
86,606
96,344
39,955

$79,555
8,314
24,058
57,141
109,062

$57,926
27,364
5,252
77,172
109,334

1841

50,000

765,472

365,188

1,881

32,176

60,602

1492
2817

50,000
80,000

222,809
998,023

40,368
630,744

23,628
11,277

3,222
50,232

76,447

1658
1977
2036
2244
2310
2311

1,000,000
300,000
450,000
2,000,000
125,000
150,000

10,154,662
1,822,798
7,834,012
18.178,345
1,063,563
3,028,363

6,200,038
863,612
4,202,726
10,303,200
624,334
2,136,484

530,567
163,112
209,308
1,485,116
20,251
127,961

410,025
71,876
278,229
735, 563
45,702
132,906

747, 718
61,988
512,688
1,640,028
36,114
82,510

2687

75,000

821,592

475,558

24,478

53,271

2958

25,000

511,204

300,639

2285

1, 000; 000

15, 961,468

10, 335,181

Unpaid
balance
R. F . C.
loan

$10, 500

30,193

36,088

2,837

263,530

Offsets
allowed
and
settled

841,636

623,123

2514

2,000,000

19,401,295

10,024, 500

1, 395, 883

1,049,968

1,157,428

2540

1,000,000

10,122,056

5.489,009

747,424

486,069

826,628

1470
1518
2745

500, 000
250,000
200,000

8,069,859
1,607,550
3,435,002

3,468,129
437,604
1,991,455

338,921
67,493
170,570

338, 433
23, 557
124,171

2112

375,000

3, 776,025

1,847,941

142, 717

117,608

154,154

1444
1547
1582

100, 000
250,000
300,000

2,135, 741
3, 398,029
3, 021,898

964, 322
1,676, 580
1,614, 222

61,811
122,568
139,128

110, 389
115, 916
115,208

142, 723
193, 259
140,632

1596
1597

600,000
525,000

9, 503,683
6,394,537

4, 753,801
3,129,168

287,846
219,763

370,089
245, 241

636, 325
502, 319




112,426

706,033
49,886
186, 302

REPORT OF THE COMPTROLLER OF THE CURRENCY

333

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earncating the progress and results of liquidation to Oct. SI, 1940—Continued
Progress of liquidation to date of this report—Continued

Disposition of proceeds
of liquidationDistributions by
conservators—

Total collections from all
sources including offsets
allowed and
unpaid balance
R. F . C. or
bank loan

Losses on
assets compounded or
sold under
order of
court

$1,136,433
277,408
271,071
770,753
1, 387,845

$422,616
229,796
373,376
551,728
393,455

$107, 652
22,350
113,394
28, 656
60, 045

459,847

289,682

48,119

67,218
768, 700

132,441
59,459

7,888, 348
1,160, 588
5,202,951
14,163,907
726,401
2,479,861

1,514,209
371,275
2,038,413
3,808,407
262, 337
659, 369

692,697
225, 923
630,185
426, 710
15,778

469,433
136,888
240,692
514,884
104, 749
22,039

594,000

136, 560

104,281

50, 522

2687

149,477

25,000

2958

1, 536,492

2,466,672

736,470

13,627, 779

3,206,439

3,012,928

604,117

4,171,561

2514

7,549,130

836,685

1,969,734

252,576

1,918,195

2540

4,851, 516
578,5'40
2,584,924

1,314,792
870,060
1,057,245

2,080,905

161,079
182,507
29,430

183,352

1470
1518
2745

2,262,420

1,398,930

232,283

2112

1,279,245
2,108,323
2,009,190

928,696
1,278,190
967,044

38,189
127,432
160,872

1444
1547
1582

6,048,061
4,096,491

1,313,096
1,428,740

312,154
305,237

1596
1597

339, 564

12,063,470




Book value
of remaining
uncollected
assets

$151,373

2,200,461
809,310

Book value
Book value
of remaining
of assets
uncollected
returned to
stock
shareholders'
assessment
agents

26,372
68, 723

To
secured
creditors

$2,084

To
unsecured
creditors

$207,777

1897
2103
2142
2190
2648

1841

147,975

1492
2317

872,862

1658
1977
2036
2244
2310
2311

2285

334

REPOIRT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 68.—National banks in charge of receivers during year ended Oct. 31,1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Disposition of proceeds of liquidation—Continued
Dividends paid byreceivers—
On
unsecured
claims

On
secured
claims

1897
2103
2142
2190
2648

$101,416
4,009
72,794
17,820

$473,090
129,571

1841

Secured and
preferred liabilities paid
except through
dividends,
including
offsets allowed

Conservators'
salaries,
legal and
other
expenses

Cash advanced in
protection
of assets

$781
4,872

341,436
431,772

$483,222
87,241
179,978
314,604
670,541

34,947

172,783

185,138

7

1492
2817

24,055

13
97,213

40,368
432,316

2,469

1658
1977
2036
2244
2310
2311

35,000

5,121,618
558,746
1,746,858
7, 416, 254
142,067
746, 348

2,065,743
464,827
2,925,653
6,102, 591
503,331
767,799

3,710
30,257

2687

186,299

2958

200,101

127
2,522

$15,187

Receivers'
salaries,
legal and
other
expenses

$77,924
51, 715
18,299
96,766
57,962

66,972

21,118

2,782
59,753

66

5,924
14,144

442,849
107,774
299,666
523,078
57,835
78,642

343,948

572

14, 359

47, 326

39,502

434

3,934,217

7,460,021

20,944

2514

2,135,278

5,765,226

33,949

284,142

650,347

2540

1,423,172

3,345,331

29,191

126,868

467,561

60,736

534,932
81,163
218,077

2285

14,667
9,760

29

94,601

9,592

644,861

1470
1518
2745

16,547
58,735

1,513,561
180,159
1,235

2,571,068
255,877
2,121,195

15,762
2,606
329

2112

33,877

1,122,032

959,003

7,199

140,309

1444
1547
1582

11,055

715, 224
1,127,773
1,061,376

412,875
794,650
774,313

29, 599
1,237
10,771

110,492
184, 663
162,730

4,697,891
824,443
1596
2,007,855
1,568,678
1597
Footnotes at end of table, pp. 430 and 431.

5,788
3,404

435,900
339.386




REPORT OF THE COMPTROLLER OF THE CURRENCY

335

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earncating the progress and results of liquidation to Oct. 81, 1940—Continued
Disposition of proceeds of
liquidation—Continued

Cash in hands
of
Comptroller
and
receivers

Amount returned to
shareholders
in cash

Amount of
claims
proved

Dividend
(percent)

$621, 202
306, 376
304, 565
668,135
643, 201

,337,443

$7,856

92.483
43.6
23.901
53.77
3 99. 756

85, 225
332,401

Interest
dh idend
(percent)

Date finally
closed

Apr.
July
Dec.
Sept.
Jan.

13,1940
29,1940
18,1939
21,1940
26,1940

1897
2103
2142
2190
2648

61.56

D e c . 15,1939

1841

28.24
3 73

F e b . 17,1940

1492
2817

128, 537
29,241
212, 397
91,727
7,484

6, 383, 667
689, 732
3, 370, 398
7,412, 473
284, 047
1, 762, 501

1,496

315, 642

59

2687

89,935

405, 574

50

2958

80
80
51. 667
100
50
3 91.87

Jan.

18,1940

1658
1977
2036
2244
2310
2311

3,398

5, 586, 293

70

2285

587,276

8,370, 369

3 75

2514

238,812

3, 917, 588

3 85

2540

199,646

3, 770,151
662,490
606,500

40
36.06
3 30

A p r . 17,1940

1470
1518
2745

1,619,056




M a r . 29,1940

2112

1,381, 547
1,859,171
1,476, 594
84,039
177,168

71. 394

52.57
60.66
71.88

D e c . 28,1939
J u l y 31,1940
Oct. 23,1940

1444
1547
1582

6,693,890
3, 637,903

70
55

1596
1597

336

REP01RT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 68.—National banks in charge of receivers during year ended Oct. 81,1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Organization

Name and location of banks
Charter
No.

Date

Failure

Capital
stock at
date of

Date receiver
appointed

.ILLINOIS—continued

1601
1604
1606
1609
1629
1688
1708
1711
1715
1961
1968
2013
2025
2051
2055
2062
2063
2077
2124
2186
2216
2406
2434
2516
2521
2548
2554
2602
2616
2677
2683
2831
2840
2848
2892
2924

Manufacturers National Bank & Trust Co.,
Rockford.
Security National Bank, Rockford
First National Bank, Downers Grove
Waukegan National Bank, Waukegan
Will County National Bank, Joliet
Rogers Park National Bank, Chicago
First National Bank, Kewanee
National City Bank, Ottawa
Calumet National Bank, Chicago
Joliet National Bank, Joliet
..
Rockford National Bank, Rockford
Forest City National Bank, Rockford
Douglass National Bank of Chicago, Chicago.
Bowmanville National Bank of Chicago,
Chicago.
First American National Bank & Trust Co.,
Berwyn.
Ravenswood National Bank, Chicago
First National Bank, Wilmette
Peoples National Bank & Trust Co., of ChiHyde Park Kenwood National Bank of
Chicago.
First National Bank in Aurora
First National Bank, Lawrenceyille
Ayers National Bank, Jacksonville
Third National Bank, Mt. 7
Vernon
First National Bank, Odin
Galena National Bank, Galena 77
First National Bank, Grayville
First National Bank, Sheridan 7
First-Henry National Bank, Henry ?
First National Bank, Joliet 7
First National Bank, Tamaroa 7
First National Bank, Canton 7 7
First National Bank, Savanna
National Bank of Niles Center 7
Hancock County National Bank, Carthage. 7
American-First National Bank, Mount
Carmel 7 .
Aurora National Bank, Aurora 7
National Bank of Pontiac 7
First National Bank, Du Quoin 7

3952

Nov. 20,1888

11731 May 3.1920
9725 Jan. 31,1910
10355 Mar. 7,1913
1882 Aug. 4,1871
10305 Dec. 16,1912
1785 Nov. 23,1870
1465 June 26,1865
3102 Dec. 20,1883
4520 Oct. 29,1890
1816 Mar. 8,1871
4325 Apr. 8,1890
12227 Nov. 4.1921
10237 July 25,1912
12426

July 31,1923

10215
10828
13311

Apr. 30,1912
Feb. 3,1916
Apr. 2,1929

13235

Aug.

13655
5385
5763
5689
9525
3279
4999
10760
1482
512
8629
415
8540
13218
1176

July
May
Mar.
Jan.
Aug.
Dec.
May
June
June
Aug.
Mar.
Apr.
Jan.
June
Feb.

1,1928
28,1931
4,1900
25,1901
12,1901
3,1909
23,1884
8,1895
22,1915
5,1865
1,1864
9,1907
2,1864
30,1907
14,1928
24,1865

$500,000 June 16,1931
200, 000
100,000
250,000
200, 000
100, 000
125, 000
200, 000
400,000
700,000
750,000
300,000
250,000
300,000

June 18,1931
June 19,1931
June 22,1931
July 15,1931
Sept. 24,1931
Oct. 6,1931
do
Oct. 7,1931
Feb. 10,1932
Feb. 12,1932
Apr. 19,1932
May 21,1932
June 21,1932
do

175,000

200,000 June 25,1932
150,000
do
1,000,000 June 27,1932
600,000

July

1,1932

200,000 July 6,1932
100,000 Aug. 22,1932
500,000 Nov. 21,1932
150,000 Jan. 3,1933
25,000 Sept. 27,1933
100,000 Oct. 9,1933
50,000 Nov. 1,1933
do
25,000
50,000 Nov. 7,1933
1,040,000 Nov. 10,1933
40,000 Dec. 9,1933
100,000 Dec. 13,1933
100,000 Jan. 12,1934
100,000
do
140,000 May 22,1934
100,000

May 31,1934

5782

Apr.

2945
2141
4737

Apr. 30,1883
Mar. 25,1874
Apr. 11,1892

300,000 June 18,1934
50,000 Sept. 26,1934
100,000 Feb. 6,1935

4121
3084
8199

Feb. 22,1889
Oct. 3,1883
Apr. 2,1906

350,000 Oct. 23,1931
250,000 Nov. 11,1931
400, 000 Jan. 18,1932

8426 Oct. 9,1906
11094 Dec. 11,1916
5392 May 21,1900

250,000 Jan. 27,1932
150, 000 Feb. 10,1932
150, 000 July 15,1932

5,1901

INDIANA

Citizens National Bank, Kokomo
First National Bank, Logansport
Hammond National Bank & Trust Co.,
Hammond.
1931 First National Bank, Gary
1963 National Bank of America at Gary__
2094 Peoples National Bank & Trust Co., Sullivan.
2145 First National Bank, Vincennes
2366 First National Bank, Peru 7
2413 Peoples-American National Bank, Princeton. 7
2417 First National 7Bank of Marshall County
at Plymouth.
2524 Old-First National Bank & Trust Co.,
Fort Wayne. 7
2599 Farmers7 & First National Bank, Newcastle.
Footnotes at end of table, pp 430 and 431
1771
1800
1896




1873
363
10551
2119
3285
9852

July 15,1871
Jan. 1,1864
May 5,1914

200,000
100,000
125,000

Oct. 3,1932
Sept. 6,1933
Oct. 2,1933

June 19,1873

130,000

Oct.

3,1933

Dec. 20,1884

1,750,000

Nov.

2,1933

200,000

Dec.

8,1933

Aug.

11,1910

337

REPORT OF THE -COMPTROLLER 'OF THE1 CURRENCY

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earncating the progress and results of liquidation to Oct. 31, 1940—Continued
Liabilities

Circulation

Assets and assessments

Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure

Total deposits at
date of
failure

$200,055

$4,237,013

158, 500
163,501
214, 000
328,178
228, 538
162, 250
482, 691
1,035,955
601, 501
180, 000
109, 683
608, 667

1,908,707
928,952
2,870,921
2, 662, 267
893, 508
1, 219, 269
982,853
2,299, 269
3, 512, 518
4,450,746
2, 005, 242
419,689
1, 665,187

167,646

523,510

26,587

717,743

882,846

86, 769

2055

21,920
57, 560
2,061,344

507,939
895,084
3, 729,097

55,481
94,957
195, 551

585,340
1,047,601
5,985,992

763,408
1,159,298
7,281, 242

120,992
71,209
295,130

2062
2063

729,450

3,133, 265

318,709

4,181,424

4,849,770

496,804

2077

299,558
106,915
742,146
106, 068
10,729
70,181
94,293
13, 552
178,999
196,883
39,977
60,103
54, 574
84, 702
85, 713

2,602,460
596,472
5,090,458
2,317,165
90,628
2,167, 633
279,886
156,169
636,757
6,075,283
443, 036
877,893
616,396
868, 539
642, 535

40,774
6,637
384,758
18,263
2,719
21, 094
13,707
1,186
16,617
214,354
26,842
28,214
148,529
29,104
48, 554

32, 031
35, 023
108, 584
87,551
12,450
84,912
39,257
15,285
20, 559
815, 650
4,619
86,906
46, 716
31,532
51,394

2085
2124
2186
2216
2406
2434
2516
2521
2548
2554
2602
2616
2677
2683
2831

387,089

1,447,692

1,044, 598
383,308
626,992

263,858

Additional Total liabil Lawful Outstand- Book value
liabilities ities estab- money
ing at
of assets
established lished to deposited
date of
at date of
date of
to date of
to retire
failure
failure
report
report

$64,180
17,854
16, 566
32, 507
48, 083
12,860
19,865
12,951
102, 587
87,766
23,448
8,596
41,127
102, 567

$4,501,248

2,085,061
945,518
3, 066,929
2,924, 350
1,234, 546
1,467,672
1,158,054
2,884,547
4.636,239
5,075,695
2,193,838
570,499
2,376,421

$196,760

$196,760

197,060
35,000
250, 000
198, 500
50, 000
74,280

197,060
35,000
250,000
198,500
50, 000
74, 280

99, 520
97,180
199,980
198,620
238,540
35,000

99, 520
97,180
199,980
198,620
238,540
35, 000

Additional
assets received
since date
of failure

$5,181,863

$183,065

1601

2,410, 056
1,054,348
3,477,495
3,187, 206
1,394,790
1, 591.078
1,372,779
3, 506, 809
5,593, 552
6, 771,469
2,882,783
752,899
2,654,845

133,298
39,253
118,164
161,061
63,774
171,419
186, 546
208,873
346,031
362, 319
221,315
129, 608
214, 555

1604
1606
1609
1629
1688
1708
1711
1715
1961
1968
2013
2025
2051

100, 000

100, 000

2,942,792
710, 024
6, 217,362
2,441,496
104,076
2,258,908
387,886
170,907
832,373
6,486, 520
509,855
966, 210
819,499
982,345
776,802

198, 200
50, 000
492, 740
100, 000
19,700
24,820
50,000

198,200
50, 000
492, 740
100, 000
19, 700
24,820
50, 000

24,347
99,700

24,347
99,700

75,000

75,000

3,323,919
801,994
7,100, 636
2,709,026
126,206
2, 596,179
438,456
198,187
917,978
7, 090,832
508,656
1,112,406
975,989
1,129, 220
850,677

35,178

1,869,959

98,950

98,950

2,089, 284

96,379

2840

1, 707,192
909,026
2,164,171

104,144
44,109
160,436

2,855,934
1,336,443
2,951, 599

99,150
49, 695
100,000

99,150
49,695
100, 000

3,212,901
1,401,992
3,181,016

237,680
105, 562
52,982

2848
2892
2924

369,483

2,966, 246
4, 901, 206
2,569, 503

54, 795
13,857
166,204

3,284,899
4,915,063
3,105,190

246,340
384,460

246, 340
384, 460

3,710,967
5, 238,138
3,419,782

296,368
118,424
262,923

1771
1800
1896

875,000
136,115
206,382

2, 703,458
882, 274
1,165,325

154,140
28, 569
16, 791

3, 732, 598
1,046,958
1,388,498

244, 240
93, 220
97,660

244, 240
93, 220
97, 660

4,060, 502
1,332, 910
1, 523,851

528,339
79, 534
70,313

1931
1963
2094

465,074
363,408
271, 593

899,703
1,099, 298

34,241
48,113
38,095

1,399,018
1,510,819
1,121,143

19,980
100,000
100,000

19,980
100,000
100,000

1,608, 940
1,631,840
1,268,661

113,327
122, 736
85,046

2145
2366
2413
2417

811,455

208,609
823,642

7,782,834
14,443,693

294,959

1,064,872




26, 406

1,058,657

129,997

129,997

1,188,018

132,296

4, 250, 227

26,476, 754

,750,000

1,750,000

25,020,700

4,168,585

2524

24, 713

1,384, 544

199,400

199,400

1,610,536

119,631

2599

338

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 68.—National banks in charge of receivers during year ended Oct. 31,1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Assets and assessmentsContinued

Total assess- Total assets
ment upon
and stock
shareholders assessment

1601

$500,000

$5,864,928

Progress of liquidation to date of this report

Cash collections from

$3,241, 737

Cash collections from
stock

Receivership
earnings, cash
collections
from interest,
premium,
rent, etc.

$302,265

$246,200

$372,484
219, 775
84, 762
294, 625
161, 247
70, 356
71, 046
126, 538
171,115
401,834
587,863
255,087
49,101
155,179

Unpaid
balance
R. F. C.
loan

Offsets
allowed
and
settled

L604
1606
1609
1629
1688
1708
1711
1715
1961
1968
2013
2025
2051

200,000
100,000
250,000
200,000
100,000
125,000
200,000
400,000
700,000
750,000
300,000
250,000
300,000

2, 743, 354
1,193,601
3,845,659
3,548,267
1, 558, 564
1,887,497
1, 759, 325
4,115,682
6,639,583
7,883,788
3,404,098
1,132, 507
3,169,400

96,068

50,845
52,472
197,855
251.108
69,361
103,651
66, 973
166,479
311, 436
242, 389
143.109
47, 699
160, 534

2055

175,000

1,144,615

407,858

65,669

55,854

25, 917

2062
2063

200,000
150,000
1,000,000

1,084,400
1,380,507
8,576,372

389,194
716,792
4,430,735

76,361
132,393
229,087

62, 781
70,040
399, 311

78, 527
87,632
154,986

2077

600,000

5,946,574

2, 935, 743

211.439

173,881

509,348

2085
2124
2186
2216
2406
2434
2516
2521
2548
2554
2602
2616
2677
2683
2831

200,000
100,000
500,000
150,000
25,000
100,000
50,000
25,000
50,000

2,202,282
481,938
3,645,250
1,897, 526
81,004
1, 940,284
212,109
143, 774
585,915
5,903, 725
213,357
831, 753
717, 680
909, 000
337, 580

191,796
45,685
135, 652
139. 444
13,239
77, 788
43, 553
20,704
45,060

40,000
100,000
100, 000
100,000
140,000

3,555,950
937,017
7, 709, 220
2,946, 577
163,656
2, 781,091
527, 713
238, 472
988, 537
7,906,482
553, 275
1, 299, 312
1,122, 705
1,260, 752
1,042,071

28,424
82, 708
47,416
64, 673
78,292

152, 352
39, 795
156,820
103, 001
12,830
128, 775
20,166
11, 335
62, 233
374,191
22, 238
62, 944
47, 774
114,338
39, 229

251,046
39, 764
357, 997
192,701
9,712
48,241
16,050
3,432
32, 397
436, 688
25,017
38, 934
28,881
43, 543
60, 754

1,144,046
555,801
1,811,906
2,185,658
643, 701
1,142,932
723, 444
1,772,928
2,995,450
3,190,027
1,877,123
312,845
1, 506, 853

135,275
50, 280
138,264
139,148
47,859
108,482
56,341
214,185
309,979
524,098
212,801

$309, 500

2840

100,000

2,285,663

1,101,083

87,934

128, 744

145,079

2848
2892
2924

300, 000
50,000
100,000

3,750,581
1, 557, 554
3,333,998

2,402,097
1,058, 963
2, 538, 478

211,194
22, 764
42, 440

188, 502
67, 767
229,911

201,591
73, 346
118,992

1771
1800
1896

350,000
250,000
400,000

4,357,335
5,606,562
4,082,705

2,413,876
4,278,934
1,867,837

295,874
182,598
207,898

349,719
495,672
160, 015

275,477
298,528

1931
1963
2094

250,000
150,000
150,000

4,838,841
1,562,444
1,744,164

2,695,447
810,282
942,160

135,832
65,720
95,951

309,367
135,766
59,837

2145
2366
2413

200,000
100,000
125,000

1,922,267
1,854,576
1,478,707

1,028,053
1,195,404

156,100
87,420
89,291

180, 555
99.210
99,307
81,533
134,149
84.211

2417

130,000

1,450,314

2524

1,750,000

30,939,285

801,721

1,657,755

2,875,955

2599

200,000

1,930,167

128,889

90,003

97,045




843,147
958,504
18,692,188
1,173,868

168,576
75,436
60,055
46,948

81,039

REPORT OF THE COMPTROLLER <XF THE CURRENCY

339

dates of organization, appointment of receivers and final closing, with™nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 31, 1940— Continued
Progress of liquidation to date of this report—Continued

Disposition of proceeds
of liquidation—
Distributions by
conservators—

Total collections from all
sources including offsets
allowed and
unpaid balance
R. F. C. or
bank loan

Losses on
assets compounded or
sold under
order of
court

$4,162,686

$965,462

$785, 245

$197,735

1601

1, 549,941
743,315
2,442,650
2, 737,161
831,277
1,426, 111
973,296
2,324, 707
4,018,699
4, 544,377
2,488,120

626,256
453,038
218,862
400,346
744, 507
548,519
311,873
582, 551

553, 277

1604
1606
1609

782,067

64,725
49, 720
111, 736
60,852
52,141
16, 518
143, 659
185,815
390,021
225,902
87,199
211,017
203,932

1708
1711
1715
1961
1968
2013
2025
2051

Book value Book value Book value
of assets
of remaining of remaining returned to
uncollected
uncollected
stock
shareholders'
assessment
agents

1, 270, 266
601,016
397,470
1,189,088
1,479,811
2, 529,177
230, 314

To
secured
creditors

To
unsecured
creditors

1, 918, 634

826, 721
741, 574
520, 561
425,301

555, 298

242,044

293, 796

109,331

2055

606,863
1,006,857
5,214,119

416, 679
121,285
1,834,945

304,798
1,155,706

123, 639
17, 607
770,913

2062
2063

3,830,411

829, 687

1,071, 796

388, 561

2077

2,797, 476
607,180
4,295,719
2,332,672
116,785
2,195,088
291,878
179,245
725, 605
7,024,104
289,036
1,016,339
841,751
1,131, 554
515,855

893,017
310,927
2,871,398
470,193
15, 596
692, 566
249, 554

9,605
4,390
334, 575
236,157
32,344

169, 578
434,800
85, 513
327, 773
271,144
139,984
503,737

150,647
1,131,269
189,388
852
5,000
68,225

8,204
54,315
364,348
10, 556
11,761
22,212
6,447
4,296
4,940

2085
2124
2186
2216
2406
2434
2516
2521
2548
2554
2602
2616
2677
2683
2831

1,462,840

583, 753

355, 748

12,066

3,003,384
1,222,840
2,929,821

826,731
127,512
256,636

20,162
247, 733
319,892

88,806
27, 236
57, 560

3,334,946
5,255, 732
2, 622,013

703,981
620, 629
503,328

614,001
158,471
925,277

54,126
67,402
192,102

1771
1800

3,321, 201
1,110,978
1,197, 255

257,649
212, 748
352,835

1,326,378
253, 648
239,332

114,168
84,280
54,049

1931
1963
2094

1,434, 262
1,492,409
1,076, 704

524,914
4.71, 668
254, 770

724
12, 068
195, 735

43,900
12,580
35,709

2145
2366
2413

$1,351,745

1,312,437
11, 576
17, 292
52, 584
35,327
61,708

221,901
401,196
139,682

2840
337,162
181,232

1,181,294

116,161

198,701

48,961

24,027,619

752, 722

6,868,420

948,279

4,363,554

1,489,805

318,362

140,892

71, 111

286, 286




2892
2924

2417
2524

340

REPOIRT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 68.—National banks in charge of receivers during year ended Oct. 81,1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Disposition of proceeds of liquidation—Continued
Dividends paid by
receivers—
On
secured
claims

1601

1604
1606
1609
1629
1688
1708
1711
1715
1961
1968
2013
2025
2051

On
unsecured
claims

Secured and
preferred liabilities paid
except through
dividends,
including
offsets allowed

$2,980,170

25,431

759.891
552.892
1,455,292
1, 520,449
333,135
924,215

Cash advanced in
protection
of assets

Conservators'
salaries,
legal and
other
expenses

Receivers'
salaries,
legal and
other
expenses

$820,652

$1,393

$250,485

579,995
89,672
531,090
577,028
391, 574
404, 282
327, 382
932, 069
1, 749, 777
1,402,476
571, 228
171,905
1,070,108

284
1,350
113,961
286, 562
9,825
3,924
90
55,453
54, 697
41, 571
19, 625
9,739
24, 975

118,496
96, 532
210, 820
204,789
96, 743
93,690
81, 373
221,952
292,906
301,947
155,063
102, 444
227,477

~I6~772"

518, 559
1,001,954
1,851,679
2, 307, 353
1,736, 510
164, 540
504,086

2055

57,981

237,368

90,124

131, 268

2062
2063

3,749

358,806
419,051
2, 072,887

157,312
426, 269
2,633,086

15, 538
77,032

90,745
109, 218
400, 371

1,429,819

1,868, 232

107,682

303, 688

1, 720, 785
329, 792
985, 212
1, 254,900
67,112
611, 575
134,957
124,112
370,955
1,905,066
124,815
472,383
160,848
856, 266
103,895

712, 286
201,127
3, 063, 704
885,181
20,946
166, 666
117,412
24, 704
231, 313
3. 235, 297
93,994
192, 300
179, 286
128, 245
201, 230

15,953
4
9,497
8,099
2,535
149
3,747
2,247
65,091
3,670
5,135
4,814
34
1,546

$2,368
9,981
3,879
1,448
8,774
66, 201
5,743
12, 370
12, 200
9,342
19,161

208,618
44, 547
192, 770
102,000
18,387
54,972
31,883
28,981
69,465
306,460
43, 504
55, 906
44,033
67, 997
50, 341

608,681

50,682

28,963

87,587

1,088,791
295, 092
632, 042

1, 337,812
595, 649
2, 092, 262

9,304
23,014
11,646

59, 784
31, 549
66,055

120, 387
59, 523
82,183

51,177

2077
2085
2124
2186
2216
2406
2434
2516
2521
2548
2554
2602
2616
2677
2683
2831

6,929
2,952

2840
2848
2892
2924

1771
1800
1896

4,700
348,326

2,073,854
4,150, 518
562,136

864, 213
539.450
1,361,977

24,674
19,905
63, 254

304,142
217,506
197,716

1931
1963
2094

44,100
9,576
765

880, 582
572, 005
695,415

1,943,149
380,154
355, 658

19,904
9,413
21,157

188,408
110, 731
114,140

2145
2366
2413

29,136
20,049
11,321

474, 042
631,426
531,893

822, 420
704,985
401,115

116
288
18,393

738, 048

318,999

11, 539

8,184

2524

255, 257

5,123,133

12, 236,963

450,792

186,840

2599

16,156

540, 729

523, 795

1,994

25, 587

2417

Footnotes at end of table, pp. 430 and 431.




15, 219
7,439

77,293
97, 668
83,411
1, 232, 257
61,140

REPORT OF THE COMPTROLLER OIF THE CTJRREiKCY

341

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 31, 19^0-— Continued
Disposition of proceeds of
liquidation—Continued

Cash in hands
of
Comptroller
and
receivers

Amount returned to
shareholders
in cash

Amount of
claims
proved

Dividend
(percent)

Interest
dividend
(percent)

Date finally
closed

$109,986

$3,665,677

91,275

91,988

1,491,815
855,675
2, 508,051
2, 297, 417
833,879
1,048,457
815, 523
1,871,355
2,845,388
3,614,625
1,605,227
355,685
1, 259, 562

38, 557

462,392

33,032
30,743

416,152
606,774
3, 290,108

86.22
69
63

120,990

2,246,842

63.5

2077

132,905
31,710
44,536
79, 540
5,437

2,199, 263
507,425
3,121,643
1, 529,166
78,709
2,088,861
269, 590
145,980
598,233
3,269,243
415, 548
766,815
636,898
853,380
569,504

78
65
30
82
85
3 93.99
50.06
85.02
62
3 98
30
3 90
3 100
100

2085
2124
2186
2216
2406
2434
2516
2521
2548
2554
2602
2616
2677
2683
2831

131,487
122,902
45,892
62,102
69,640
474, 258
5,694

42,851
133, 552
17,310
56,344
39,374
69,670

80
49
64.95
58
66
39.95
88.15
63
53 5
65
64
100
46.26
40

1601
S e p t . 11,1940
D e c . 29,1939
J u n e 12,1940

80.2
A p r . 25,1940

12.5

1604
1606
1609
1629
1688
1708
1711
1715
1961
1968
2013
2025
2051
2055

Oct.

31,1940

S e p t . 10,1940
N o v . 10,1939
J u n e 15,1940

6.5
F e b . 24,1940

2062
2063
2069

3 42. 77

60,081

1, 249,332

50,144
36, 781
45,633

1, 509,043
724, 295
842,824

3 65.5
94
75

2848
2892
2924

68,063
323, 653
88, 604

2,384,491
4, 350,425
1,883, 623

86 667
3 94
47.5

1771
1800
1896

245,058
29,099
10,120

1, 722,340
639,210
1,025,652

51.5
89
67.667

1931
1963
2094

23,740
43,149
8,875

536,969
782,727
706,087

88
80
75

2145
2366
2413

2840
50

21,113

736,023

100

2417

178,823

11,094,985

3 85

2524

34,118

837,531

3 98

2599




342

REPOIRT OF THE COMPTROLLER OF1 THE CURRENCY

TABLE NO. 68.—National banks in charge of receivers during year ended Oct. 81,1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Organization

Name and location of banks
Charter
No.

Date

Failure

Capital
stock at
date of

Date receiver
appointed

Feb. 1,1934
Feb. 21,1934
Mar. 23,1934
do
do
May 8,1934
May 23,1934
June 22,1934

INDIANA—-continued
2713
2738
2775
2776
2777
2822
2836
2858

First National Bank, Linton 7 l
First National Bank in Lowell
New Albany National Bank, New Albany 7_
Second National Bank, New Albany *
Citizens National Bank, South Bend 7 •
City National Bank, Goshen 7
First National Bank, Hartford City 7
First & Tri-State National Bank & Trust
Co., Fort Wayne.*

1980
2093
2095
2808

Pioneer National Bank, Waterloo
Consolidated National Bank, Dubuque
Commercial National Bank of Waterloo
First National Bank, Council Bluffs 7 9

7411
5931
775
2166
4764
2067
6959
11

July
July
Jan.
Aug.
May
Sept.
July
May

25,1904
11,1901
3,1865
6,1874
2,1892
25,1872
18,1903
6,1882

$100,000
50,000
150,000
300,000
700,000
100,000
75,000
2,250,000

5120
2327
2910
1479

Apr.
Jan.
Mar.
June

12,1898
31,1876
16,1883
1,1865

200,000
500,000
400,000
300,000

Feb.
July
July
Apr.

18,1932
14,1932
18,1932
20,1934

5312
2093
7653
10779
6342

Apr.
Jan.
Feb.
Aug.
July

23,1900
14,1873
8,1905
3,1915
17,1902

4,000,000
300,000
100,000
100,000
100,000

Nov.
Oct.
June
Nov.
Aug.

17,1930
28,1931
26,1933
23,1933
24,1937

11324
13169
3600

Mar. 11,1919
Jan. 16,1928
Nov. 18,1886

25,000
25,000
1,000,000

Aug. 23,1933
Dec. 21,1933
Feb. 21,1936

IOWA

KANSAS

None

_
KENTUCKY

1424
1775
2306
2575
2947

National Bank of Kentucky, Louisville
City National Bank, Paducah
Citizens National Bank, Richmond 2
First National Bank, Murray 7 _.
The Taylor National Bank, Campbellsvill© * n

2353
2642
2934

First National Bank, Oberlin 7 7
First National Bank in Gibsland
Commercial National Bank, Shreveport 1_-.

2342
2536
2537

Rockland National Bank, Rockland 7
First National Bank, Portland 7 . .
Peoples-Ticonic National Bank, Waterville.7
Presque Isle National Bank, Presque Isle 7_ _
Fort Fairfield National Bank, Fort Fair-

LOUISIANA

MAINE

2545
2667

Houlton77

2671
2685
2709
2867

Farmers National Bank,
Caribou National Bank, Caribou
First National Bank, Van Buren ^
Ticonic National Bank, Watervillel

1701
2304
2649
2824
2845

First National Bank, Hagerstown 7
Citizens National Bank, Frostburg
First National Bank, Hancock 7
First National Bank, Midland 7 7 .
First National Bank, Frostburg

1446 June 24,1865
221 Jan. 4,1864
880 Jan. 28,1865

150,000 Aug. 18,1933
600,000 Nov. 6,1933
300,000 _. . do . .

3827
4781

Aug. 15,1887
May 23,1892

100,000
200,000

Nov. 7,1933
Jan. 8,1934

4252
6190
10628
762

Jan. 27,1890
Feb. 12,1902
June 9,1914
Jan. 3,1865

50,000
100,000
75,000
200,000

Jan. 9,1934
Jan. 15,1934
Jan. 31,1934
June 28,1934

Oct. 5,1931
June 8,1933
Dec. 28,1933
May 9,1934
June 4,1934

MARYLAND

1431
4926
7859
5331
4149

May
May
July
Apr.
Oct.

2,1865
24,1893
21,1905
24,1900
30,1889

150,000
50,000
30,000
25,000
50,000

12336
11903
12362
12343
2172
589
643

Mar.
Dec.
Apr.
Mar.
Mar.
Nov.
Nov.

19,1923
21,1920
16,1923
30,1923
6,1874
7,1864
28,1864

2,005,585
1,000,000
200,000
200,000
100,000
100,000
8,950,000

MASSACHUSETTS

1848 Federal National Bank, Boston. _ . ___ ._.
1861 Boston-Continental National Bank, Boston.
1867 State National Bank in L y n n . . .
1946 Middlesex National Bank, Lowell
2323 Athol National Bank, Athol 7_ 7
2358 Essex National Bank, Haverhill _
2935 Atlantic National B ank, B oston 1
Footnotes at end of table, pp. 430 and 431.




Dec.
Dec.
Dec.
Feb.
Aug.
Aug.
Mar.

15,1931
22,1931
23,1931
3,1932
3,1933
29,1933
18,1936

343

REPORT OF THE COMPTROLLER 'OIF THE CURRENCY

dates of organization, anointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earncating the progress and results of liquidation to Oct. 31, 1940—Continued
Liabilities

Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure

Total deposits at
date of
failure

Circulation

Additional Total liabil- Lawful Outstand- Book value
liabilities ities estab- money
ing
of assets
established lished to deposited dateat
of
at date of
to date of
date of
failure
to retire
failure
report
report

$701
34,305
198,239
129,980
1,914, 520
299,200
65, 758
3,016,666

$17,946
766
31,353
64,071
71,143
26,491
19,094
11,754

$864,867
35,071
1,030,903
1,947,422
4, 796,927
1,094,465
430,844
3,028,420

$100,000

$100,000

801,311
1,753,371
2,811,264
768, 774
345,992

99, 550
292,850
700,000
98,000
50,000

99,550
292,850
700,000
98,000
50,000

842,904
921,350
717,150
443,894

1,874,209
3,495, 517
4, 531,689
2,003,362

46,088
78,425
84,519
42,155

2,763,201
4,495,292
5,333,358
2,489,411

196,940
49, 700

196, 940
49, 700

200,000

200,000

7,083,021
1,022,100
61,129
146,493
50,000

26,966,990
4,487,975
522, 928
922,431
1,479,121

9,093
15,213
i 261,929
,

$846,220

Assets and assessments

Additional
assets received
since date
of failure

$977,847
69,945
1,199,671
2,333, 317
5, 599, 539
1,224,972
498,433
1,838, 573

365,765
477,269
63,150
28,732
67,486

3,023,372
5,013,052
5,839,684
2,964,638

383, 523
145, 954
370,624
389,570

1980
2093
2095

909, 200 34,959,211 2,500,000
491,817 6,001,892
300,000
11,044
595,101
67,380
16,099
1,085,023
100,000
13,980 1, 543,101

2, 500,000 40,301,411 4, 223, 659
300,000 6,109,945
963,984
67,380
685,331
247,021
100,000 1,182, 555
13,060
161, 734
1,651,199

1424
1775
2306
2575
2947

189,061
127, 964
4,979,086

11,007
13,720
55, 503

2353
2642
2934

$37,954
71

2713
2738
2775
2776
2777
2822
2836

151,993
87,218

4,248
2,267
219,140

165,334
104,698
3,481,069

152,109

4,373,399
6,647,208
5,976,675

25,870
41, 645
44,652

4,431,165
6, 688,853
6,173,436

149,100
596,700
300,000

149,100
596, 700
300,000

4, 786, 708
7,716,466
6,976,146

13,395
328,927
113,143

2342
2536
2537

788,461
760,769

2,498,106
1,092, 787

26, 754
26, 019

3, 313,321
1,879, 575

12, 500
12,500

12,500
12, 500

3,602, 345
2,139,000

18,176
110,082

2545
2667

189,710
825,839
257,350
567,633

742,161
1,131, 645
269,084

16,130
104, 658
21,695
299

948,001
2,062,142
548,129
567,932

25,000
12, 500
12,500

25,000
12, 500
12, 500

1,082,053
2,101,074
640,942
747,186

64,423
82,187
46,276
118,809

2671
2685
2709
2867

451,318
230,539
185,486
40,614
333,870

2,317,176
1,138,028
501,020
234,277
1,218,519

21,005
32, 395
9,051
7,255
264,179

2,789,499
1,400,962
695,557
282,146
1,816,568

148,080
49,580
29,700
25,000
49,050

148,080
49,580
29, 700
25,000
49,050

3,289,072
1,558,256
724,405
307,211
1,686, 718

293,602
48,600
35, 755
314
92,823

1701
2304
2649
2824
2845

27,004,119 1,500,000
330,000 6,965,000
894,520
59,892 2, 244,176
6,467 4,962, 749
176,960
15,697 1,666,318
99,200
37,349 2,420,036
100,000
388,818 11,765,031

1,500,000
894, 520

7,803,128
2,445,820
5,198,605
1,878,162
2, 705,916
29,580,801

2,253,766
452,710
80, 776
72, 901
58,145
208,154
98,173

1848
1861
1867
1946
2323
2350
2935

31,896

1,665,386 24,452,825
1,145,060 5,489,940
122,336 2,061, 948
114,210 4,842,072
267,053 1,383, 568
6,824 2,375,863
11,376, 213




176,960
99,200
100,000

344

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 68.—National banks in charge of receivers during year ended Oct. 81,1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Assets and assessmentsContinued

Total assessment upon
shareholders

2713
2738
2775
2776
2777
2822
2836
2858

$100,000
50,000
150,000
300,000
100, 000
75,000
2, 250, 000

Total assets
and stock
assessment

Progress of liquidation to date of this report

Cash collections from
assets

Cash collections from
stock
assessment

$1,115,801
120, 016
1,448, 259
2,999, 082
6,076,808
1,388,122
602,165
4,156,059

$710, 207
22,350
677,859
1, 575,314
4, 499,075
913,604
327,388
366, 528

$42,597
8,884
81,152
199,990
62, 575
48, 260
864,109

Receivership
earnings, cash
collections
from interest,
premium,
rent, etc.

Unpaid
balance
R. F. C.
loan

Offsets
allowed
and
settled

$97,977
1,774
60,139
109,980
170,421
60,720
35,788
39, 031

$31,427
60,294
137,110
501,499
74, 663
38, 978
6,910

1980
2093
2095
2808

200,000
500,000
400,000

3, 606, 895
5,659,006
6,610,308
3,354, 208

1,760, 513
3,424,045
3,759,326
2,435,939

79,424
427,275
188, 786

154,161
225, 630
215, 707
181, 934

252,822
261,886
435,361
123,150

1424
1775
2306
2575
2947

4, 000, 000
300,000
100,000
100,000
100,000

48, 525,070
7,373,929
1,032,352
1,295,615
1,912,933

26, 643, 286
3, 569,203
518,453
759, 712
1, 367, 370

1, 057, 772
195,805
78,056
64,560
16,250

924, 546
355,765
43,366
118, 260
28,804

4, 529> 264
546,955
6,386
142,387
76,841

2353
2642
2934

25,000
25,000

225,068
166,684
5, 034, 589

92, 210
82,980
3, 253,827

18,496
3,751

14,610
6,283
361, 240

8,017
11, 746

2342
2536
2537

150, 000
600,000
300,000

4, 950,103
8, 645, 393
7,389, 289

3, 734, 711
5,822,804
4,796,324

87, 787
557, 632
146,673

253, 933
229,459
309, 207

137, 544
278, 654
463,116

2545
2667

100,000
200,000

3,720,521
2,449,082

1,310,833

90,176
105, 506

350,143
139, 300

197, 929
93,826

2671
2685
2709
2867

50,000
100,000
75,000
200,000

1,196,476
2, 283, 261
762,218
1,065, 995

787,928
1,057,248
346, 011
295, 608

24,548
72,455
26,763
113,468

75, 724
125, 295
42,173
27,611

49, 244
65,107
39,235
3,693

1701
2304
2649
2824
2845

150,000
50,000
30,000
25,000
50,000

3,732,674
1,656,856
790,160
332, 525
1, 829, 541

1,824,162
1, 037,675
496,366
169,770
915,523

122, 280
37,110
17,566
12,977
25,441

141,324
77,316
27,650
21,411
108,677

178,474
45,671
30, 738
16,380
83, 982

1848
1861
1867
1946
2323
2358
2935

2,005, 585
1, 000,000
200,000
200,000
100, 000
100, 000
8, 950,000

32,890, 011
9, 255, 838
2,726, 596
5,471,506
2,036,307
3,014,070
38,628,974

12,538,209
3,316,477
1,496,448
2,643,003
1,289,318
2, 220,451
10, 507,630

494, 203
258,156
32, 871
23,422
77, 313
75,223
902, 060

1,806, 553
176, 779
159, 621
250, 356
108,853
101,336
398, 522

2,193, 751
1, 234,114
186, 331
148, 221
61, 328
131,144




REPORT OF TH'E COMPTROLLER OIF1 THE CURRENCY

345

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earncating the progress and results of liquidation to Oct. 81, 1940—Continued
Disposition of proceeds
of liquidation-

Progress of liquidation to date of this report—Continued

Total collections from all
sources including offsets
allowed and
unpaid balance
K. F . C. or
bank loan

Losses on
assets compounded or
sold under
order of
court

Book value
of remaining
uncollected
assets

Distributions by
conservators—

To
secured
creditors

To
unsecured
creditors

$239,870
28,275
558, 501
937,918
427, 735
299,657
116, 792
1, 532, 621

2,246,920
4, 338,836
4,599,180
2,741,023

1, 393, 560
1,473,075
785,156
337,810

33,154,868
4,667, 728
646,261
1,084,919
1,489, 265

2, 955,479
2, 377, 331
407, 513
107,692
50, 513

133,333
104,760
3,615,067

99,841
46,958
926,024

854, 738

4, 213,975
6,888, 549
5, 715, 320

927,848
901, 268
1,113, 346

1, 042, 667
716, 503

62, 213
42, 368
153, 327

2, 098,171
3,164, 414
2, 425, 058

2342
2536
2537

3, 443, 237
1, 649, 465

344,931
370,914

272, 672
473, 509

9,824
94,494

910,188
410,975

2545
2667

937, 444
1, 320,105
454,182
440, 380

114,113
720, 045
301,972
566, 694

195,191
340,861

25,452
27,545
48, 237
86, 532

241,128

2671
2685
2709
2867

2, 266, 240
1,197, 772
572, 320
220, 538
1,133, 623

749, 442
244, 775
233, 056
117, 375
265, 012

830, 596
278, 735

27, 720
12/890
12, 434
12, 023
24, 559

17, 032, 716
4,985, 526
1,875, 271
3,065,002
1, 536,812
2, 528,154
11,808,212

6, 092, 690
1,943,404
843,817
1, 539,688
585,661
349,987
19,161, 709

10, 059, 776
1, 761,843

23




$240,368

2713
2738
2775
2776
2777
2822
2836
2858

$882, 208
33, 008
879, 444
2, 022, 394
5,170,995
1, 111, 562
450,414
1, 276, 578

281684—41

$34,297
19, 391
1,605
48, 740

Book value
Book value
of remaining
of assets
uncollected
returned to
stock
shareholders'
assessment
agents

$57,403
41,116
68,848
100,010

.

$34,422
$648,499

198
44,007

37,425
26,740
1, 385,891

.
1, 230,465

261,080
705,231
1,064,009
319, 608

120, 576
72,725
211, 214
457, 309

785,142

1980
2093
2095
2808

185,824
318, 209

4,000
515, 024

940, 594
212, 488
9,635

2,942, 228
104,195
21,944
35,440
83, 750

1424
1775
2306
2575
2947

6,504
21, 249

10, 397,041
580,440

2353
2642
2934

1, 511, 382
741,844
167,129
176,578
22,687
24, 777
8, 047,940

188, 387

1701
2304
2649
2824
2845

1848
1861
1867
1946
324, 395
1, 398, 352

2358
2935

346

REPOIRT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 68.—National banks in charge of receivers during year ended Oct. SI, 1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Disposition of proceeds of liquidation—Continued

Dividends paid by
receivers—

On
secured
claims

2713
2738
2775
2776
2777
2822
2836
2858

1980
2093
2095
2808

1424
1775
2306
2575
2947

2353
2642
2934

2342
2536
2537

$2,747

51,920
42,752
9,425

$318,690
24,105
279,161
471,312
2,979, 360
440,079
195,260
14,111

$1,462
7,784
9,546
44,807
287
45
23,271

938,904
2,301,354
2,407,991
773, 725

1,095,917
1, 774, 702
1,922,344
1,035, 693

408
15. 282
1, 016
19,614

17,077,732
1, 877, 642
521, 930
643,093
645,349

12,117,973
2, 006, 362
67, 799
344,710
680,089

193,641
4,700

41, 731
42,917

Conservators'
salaries,
legal and
other
expenses

$10,675
159
17,822
30. 598
69', 245
26, 580
11,482

Receivers'
salaries,
legal and
other
expenses

$39,934
8,743
60,601
69,647
102, 061
45, 353
31,402
67, 013

32, 318

159, 771
204, 746
224. 734
90, 724

36
2,102

10,341
4,406

2, 331, 866
315,299
56, 532
63, 025
52,132

34,425
37,005
3, 446,638

742

1,788
3,282
79,118

24,188
20, 814
88, 670

1, 602,067
2, 929, 707
2,183,348

223,605
281,448
745,009

43
1,085
23,249

16,698
42,196
27,152

113,377
173, 372
195,478

1,221,326
163,327

990,835
855,052

918

24, 328
18,956

206,044
140,095

347, 586
214,909
83, 335

238,954
792,871
305,112
290,666

2,194
37
398

14,104
18, 302
8,634

65,064
115, 255
51,973
43,673

1,328,938
724,672
112,184
97,496
423,027

238, 540

672,081
331,497
225,219
64,494
520,606

9,530
2,338
1,599
6
5,057

4,591
9,538
7,124
25,132

9,852,686
1, 785,502
1,416,274
2,480, 616
778, 247
768,462
11,871

4,877,914
2, 304,444
313, 747
274,116
347, 441
239,749
11, 376,424

71, 575
174
7,226
11,832

31, 201

3,135

117,482
4,730
67,448

1701
2304
2649
2824
2845

1848
1861
1867
1946
2323
2358
2935

Cash advanced in
protection
of assets

191,970
581, 521
909,589
223, 098
180,938
1,171,968

$234,696

2545
2667
2671
2685
2709
2867

On
unsecured
claims

Secured and
preferred liabilities paid
except through
dividends,
including
offsets allowed

219,012

376,736

Footnotes at end of table, pp. 430 and 431.




7,189
13, 681

146,934
73, 593
35, 393
22,201
68, 638

1, 372,975
414, 983
138,024
240, 766
79, 540
77,383
43,181

347

EEEFOKT OF T H E COMPTROLLER OIF THE 1 OTJKREiNCY

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 81, 1940—Continued
Disposition of proceeds of
liquidation—Continued

Cash in hands
of
Comptroller
and
receivers

$36,383
1
61,026
117,370
56,557
31,287
215

Amount returned to
shareholders
in cash

$1,924

33,670

1,433,656
225,185
23, 714
105,187

641

3,807

Amount of
claims
proved

Dividend

(percent)

Interest
dividend
(percent)

Date finally
closed

$538,475
35,071
748, 589
1,435,719
1,806,497
651,667
232,593
3,014,309

3 60
3 89
3 100
3 83
77
38.880147

1, 692,559
2,714,028
3,387,192
1,430,416

58.54
86.37
71
3 100

22,095,304
4,048,076
527,042
735,602
860,466

377
50
99.03
87
75

Mar. 30,1940

140,931
65,925

51.75
65.1

Jan. 30,1940
May 29,1940

3 88

5 9.25 Mar. 30,1940

Oct. 29,1940
Jan. 26,1940
5 8.98 July

1,1940

2713
2738
2775
2776
2777
2822
2836
2858

1980
2093
2095
2808

1424
1775
2306
2575
2947

2353
2642
2934

160,014
296,327
112,891

4,203,944
6,393,821
5,403,071

3 95
3 85

2342
2536
2537

90,516
60,142

2,316,051
1,019,846

3 92
3 56

2545
2667

28,414
61,249

706,655
1,625,464
262,486
567, 633

3 83

38,593

108,757
61,081
29,217
91,163

857,566
261,411
57,672
30, 527




20
33.55
11

May 8,1940

2671
2685
2709
2867

Nov. 29,1939

1701
2304
2649
2824
2845

63

2,087,429
1,065, 517
471,852
216,630
1,280,968

3 68
3 63.7
45
33

21,871,439
4,394,160
1,922,065
4, 678,819
1,319,423
2,166,636
11, 533,438

45
40
73.685
53
3 83. 57
3 100
100

Aug. 16,1940
Aug. 31,1940

1848
1861
1867
1946
2323
2358
2935

348

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 68.—National banks in charge of receivers during year ended Oct. 81,1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Organization

Name and location of banks
Charter
No.

Date

Failure

Capital
stock at
date of

Date receiver
appointed

MICHIGAN
1603
1622
1690
1702
1872
2030
2034
2298
2299
2356
2381
2392
2397
2446
2456
2477
2582
2611
2646
2651
2749
2766
2791
2864
2897

First National Bank, St. Clair Shores
First National Bank, Royal Oak
Commercial National Bank & Trust Co.,
St. Joseph.
First National Bank, Reed City
American National Bank & Trust Co.,
Benton Harbor.
United States National Bank, Iron Mountain.
Baraga County National Bank, L'Anse
Guardian 7 National Bank of Commerce,
Detroit.
First National Bank—Detroit, Detroit»
Union & Peoples National Bank, Jackson 7_.
First National Bank at Pontiac 7
City National Bank & Trust Co., Niles 7__.
Grand Rapids National Bank, Grand
Rapids.7
Citizens National Bank, Romeo 7 7
First National Bank, Birmingham
First National Bank, Ypsilanti7
National Bank of Commerce, Adrian 7
First National Bank, Rochester7
First National Bank, Paw Paw7 7
First National Bank, Wyandotte »
First National Bank & Trust Co., at Flint 7 .
C apital National B ank, Lansing 7
First National Bank, Hillsdale *
National Bank of Ionia7
Iron County National Bank, Crystal Falls 7.

12661
12657
5594

Feb. 16,1925
Feb. 26,1925
Sept. 15,1900

$50,000
150,000
200,000

June 17,1931
July 3,1931
Sept. 28,1931

4413
10143

Aug. 26,1890
Feb. 5,1912

100,000
200,000

Oct. 5,1931
Dec. 29,1931

11929

Jan. 15,1921

100,000

May 24,1932

9509
8703

July 21,1909
Apr. 24,1907

50,000
10,000,060

June 2,1932
May 11,1933

10527
1533
13600
13307
3293

Apr.
June
Feb.
Mar.
Jan.

22,1914
28,1865
26,1922
21,1929
2,1885

25,000,000
700,000
500,000
150,000
1,000,000

do
Aug. 24,1933
Sept. 13,1933
Sept. 18,1933
Sept. 25,1933

2186
9874
155
9421
9218
1521
12616
10997
8148
168
5789
7525

Aug.
Sept.
Nov.
May
June
May
June
Apr.
Jan.
Dec.
Apr.
Dec.

19,1874
7,1910
25,1863
10,1909
2,1908
29,1865
14,1924
13,1917
16,1906
18,1863
9,1901
15,1904

50,000
200,000
150,000
100,000
100,000
75,000
150,000
400,000
600,000
100,000
150,000
100,000

Oct. 12,1933
Oct. 14,1933
Oct. 26,1933
Dec. 5,1933
Dec. 12,1933
Dec. 28,1933
do.

July 18,1871
May 8,1902

80,000
55,000

13553
12537

June 5,1931
April 30,1924

400,000
100,000

Dec.
July

12220

June 5,1922

700,000

Mar. 19,1934

Nov.
July
Mar.
May

9,1910
12,1909
23,1910
7,1924

100,000
25,000
75,000
100,000

Oct. 25,1932
Oct. 25,1933
do
Dec. 5,1933

4791

Aug. 2,1892

50,000

July 25,1935

8424
3575

Oct. 20,1906
Sept. 27,1886

700,000
200,000

Dec. 9,1932
Dec. 10,1932

Feb.
Mar.
Apr.
June
Oct.

27,1934
13,1934
3,1934
26,1934
10,1934

MINNESOTA
2881
2953

Citizens National Bank, Faribault7
First National Bank, Preston4

1828
2307

First National Bank in Gulfport

6279

Aug. 14,1934
Jan. 6,1939

MISSISSIPPI

3,1931
1,1933

Britton & Koontz National Bank, Natchez7
2772

MISSOURI

Grand NationalMONTANA Louis7
Bank, St.
2163
2471
2472
2585

United States National Bank, Deer Lodge.
First National Bank, Valier '
First National Bank, Conrad i
National Bank of Anaconda7

2928

First National Bank, Pender<i2__

2195
2196

Reno National Bank, Reno
First National Bank, Winnemucca

9520
9759
12542

NEBRASKA

NEVADA

NEW HAMPSHIRE

None.
Footnotes at end of table, pp. 430 and 431.




349

REPORT OF THE COMPTROLLER OF THE CURRENCY

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earncating the progress and results of liquidation to Oct. 31, 1940—Continued
Circulation

Liabilities

Borrowed
money (bills
payable, rediscounts,
etc.) at
date of
failure

Total deposits at
date of
failure

Assets and assessments

Additional Total liabil- Lawful Outstand- Book value
liabilities ities estab- money
of assets
ing at
established lished to deposited
at date of
date of
to date of
date of
failure
to retire
failure
report
report

Additional
assets received
since date
of failure

388, 700

$676,110
743,053
2,720,900

$1,184
37,119
43,064

$687,294
780,172
3,152, 664

$30,000
47,360
147,360

$30,000
47,360
147,360

$687,015
880,299
3,488, 709

$89,707
139, 655
515,018

1603
1622
1690

68,482
420, 500

1,184, 725
1,692, 239

15, 239
16, 255

1, 268, 446
2,128, 994

50, 000
197,420

50,000
197, 420

1, 537, 296
2,411, 707

229,047
92,693

1702
1872

94, 455

463,480

5,177

100,000

709,059

$10,000

563,112

100,000

28,931

2030

404,956
108,947
105,146 113,866, 273

19, 853
533,756
1, 680, 419 115,651,838

6,250
4, 844, 240

6,250
579,084
14, 878
4,844, 240 131,132,809 10, 669,766

2034
2298

16, 250,000 398, 798,006
1, 919,004
7, 621, 645
25, 961
7, 235, 853
232, 780
1, 228, 306
2,456, 322 12, 838, 053

2, 911,103 417, 959,109
284, 725
9, 825, 374
184, 386
7,446, 200
28,044
1, 489,130
95, 313 15,389,688

9, 351,060
700,000
500,000
150,000
500,000

9, 351,060 468, 615, 208 34,063,691
700,000 10, 724,075 1,021,421
500,000
8, 288,805 1,158, 229
150,000
1,691,119
40,384
500,000 16, 721,890
581,053

2299
2356
2381
2392
2397

49,640
100, 000
150,000
100,000
50,000
24,760
50,000
200,000
600,000
99,600
147,700
24,700

55, 552
255,855
158,998
119,424
290, 436
49, 521
147,191
667, 224
1,160, 675
123, 363
121,472
128, 793

525, 762
2, 346, 905
2, 300, 280
682, 339
1, 493, 812
494, 501
655, 202
6, 697, 624
12, 446, 482
766, 461
1,115,091
756, 213

8,706
47,001
29, 302
53, 784
40,114
8,886
17, 865
243, 534
115, 732
20, 790
112, 565
40, 916

590,020
2,649, 761
2, 488, 580
855, 547
1,824,362
552, 908
820, 258
7,608, 382
13, 722, 889
910, 614
1, 349,128
925,922

379,332

1,019,507
306,087

84,386
34,198

1,483, 225
340, 285

484, 213
451,913

3,050,178
1, 516,078

117, 774
105,432

3,652,165
2,073, 423

246,100
100,000

340, 729

1,833, 496

113, 275

2, 287, 500

147,525
114,807
107,020
95,181

421,439
72,103
204,812
526, 800

17,890
11, 291
18, 940
10,564

586,854
198, 201
330, 772
632, 545

41,333

204,494

11,152

256,979

3, 261, 215
204, 610

4, 020, 537
1,592, 412

469,543
40,875

7, 751, 295
1,837,897




49, 640
100,000
150, 000
100,000
50,000
24, 760
50,000
200,000
600, 000
99,600
147,700
24, 700

648, 792
3,085,701
2, 749,861
922,382
1,991, 777
650, 565
982,985
8, 451,030
16, 355, 303
1,020, 748
1, 534, 790
1,040,155

36, 533
253, 882
160, 759
46,128
161, 588
48, 430
4,157
358, 445
2,918,012
57,479
138, 352
44,416

2446
2456
2477
2582
2611
2646
2651
2749
2766
2791
2864
2897

1, 400, 572
310,153

111, 163
36,107

2881
2953

246,100
100,000

4,002, 716
2, 219,397

307, 962
173,511

1828
2307

500,000

500,000

2,975,890

335,791

2772

12,500
6,500
75,000
49,637

12,500
6,500
75,000
49,637

696,893
197,595
395,830
753,645

90,337
12,462
21,956
125,579

2163
2471
2472
2585

311,025

49,182

2928

8,209,172
2,076,871

2, 287,150
1,070,706

2195
2196

665,000
82,000

665,000
82,000

350

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 68.—National banks in charge of receivers during year ended Oct. 81,1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Assets and assessmentsContinued

Total assess- Total assets
ment upon
and stock
shareholders assessment

Progress of liquidation to date of this report

Cash collections from

Cash collections from
stock

1603
1622
1690

$50,000
150,000
200,000

$826,722
1,169,954
4,203, 727

$344,350
315,793
2,128,854

$34,426
57,467
153, 559

1702
1872

100,000
200,000

1, 866,343
2,704,400

712,284
1,791,476

2030

Receivership
earnings, cash
collections
from interest,
premium,
rent, etc.

Unpaid
balance
R. F. C
loan

Offsets
allowed
and
settled

304,341

$157,921
135, 259
207,845

184,912

78,181
220,809

110,729
130,452

$57,246

100,000

837,990

377,954

70,664

61,209

24,091

2034

50,000
10,000,060

643, 962
151,802,635

347,631
94,183, 595

36,496
4,000,000

40,996
3,575, 514

66,846
7,840,641

2356
2381
2392
2397

25,000,000 527,678,899
12,445, 496
700,000
9,947,034
500,000
150,000
1,881.503
1, 000, 000 18.302,943

344,363, 727
6,534,393
7,002,304
1,347,349
10,693,960

18,242,193
280,000
398,605
60,000
400,000

39,691,614
415,801
506,411
104,944
870, 525

22, 390
106, 301
113,957
82,634
75,909
35,035
109, 524
349, 272
240,000
49,153
60,000
35,155

43,646
136,199
148,496
88,846
147,141
77, 219
102, 833
786,844
873,124
50,937
132,694
79,682

15,604
202,264
121,126
90,032
76,772
21,945
29,202
400,135
531,693
61, 275
97,039
55, 707

$236, 500

35,338,841
830,682
233, 771
81,168
1,060,695

2446
2456
2477
2582
2611
2646
2651
2749
2766
2791
2864

50,000
200,000
150,000
100,000
100, 000
75, 000
150, 000
400, 000
600,000
100, 000
150,000
100,000

735,325
3, 539, 583
3,060,620
1,068, 510
2, 253,365
773,995
1,137,142
9,209,475
18,973,315
1,178,227
1,823,142
1,184, 571

2881
2953

80,000

1,591,735
346, 260

873,747
190,706

46,176

76,035
11,026

105,240
24,207

1828
2307

400,000
100,000

4,710,678
2,492, 908

2,012,301
1,423,873

259,191
50,200

109,240
141,762

820,805
132,532

2772

700,000

4,011,681

1,815,217

91, 692

126,087

241,700

2163
2471
2472
2585

100,000
25,000
75,000
100,000

887,230
235,057
492,786
979,224

416,967
131,838
283,463
557,310

36,451
9,906
6,954
89,378

31, 507
13,339
43, 764
50,080

23,378
4,296
14,469
19,469

25,000

385,207

260,324

7,567

11,005

19,695

700,000
200,000

11,196,322
3,347,577

5, 554,358
1,320,314

233,919
39,510

587,883
100,327

318,374
126,028

2195
2196




368,879
1, 799, 560
1,661, 041
638, 476
1, 286, 988
482,295
726,528
6,394,619
11,929,784
632,943
1,143,868
694, 703

BECPOKT OF THE 'OOMFFRttLLEK, « F THE CUKKEOS'CY

351

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earncating the progress and results of liquidation to Oct. 81, 1940—Continued
Disposition of proceeds
of liquidation-

Progress of liquidation to date of this report—Continued
Total collecLosses on
tions from all
sources includ- assets com pounded or
ing offsets
sold under
allowed and
order of
unpaid balance
court
R. F. C. or
bank loan

$593,943
544, 615
2,794, 599

$129,218
347,471

910,190
2, 327, 649

650,129
420,488

533,918

Book value Book value Book value
of assets
of remaining of remaining returned to
uncollected
uncollected
stock
shareholders'
assessment

$145,233
221,431
728,045

335,945

293, 201
161,984

Distributions by
conservators —
To
secured
creditors

$15, 574
92, 533
46,441

1603
1622
1690

91,004
15, 088

<

1702
1872

29,336

491,969
109, 599, 750

178, 659
39, 778, 339

826

437, 636, 375

20,824,160
4, 200, 352
975, 040
302, 986
1, 969, 635

102,152,171
180,069
1, 235,919

2030

13,504
6, 000,060
6,757,807
420,000
101,395
90,000
600,000

8, 377, 591
1,593, 461
13,025,180

To
unsecured
creditors

3,578, 653

450, 519
2,244,324
2, 044, 620
899,988
1, 586,810
616,494
968,087
7,930,870
13, 574, 601
794, 308
1,433,601
865, 247

211,863
584,300
757, 603
240,002
311,712
194,755
194, 551
1,392,720
1, 925,718
269,808
229,690
241,990

88,979
753,459
370,850

622,001
3,986,120
114, 201
202, 545
92,171

1,101,198
225,939

532, 748
6,113

125,234

3, 201, 537
1, 748, 367

1, 477, 572

2,274, 696

1,248, 385

508, 303
159,379
348,650
716,237

477,893

2034
$8, 675, 646 2298

$51,128

31, 577,087
2,153,050
1,986,846
492, 736
5, 523, 737

27, 610
103,504
36,043
17, 366
24, 091
39,965
40, 476
50,728
360, 000
50,847
90,000
64,845

$36,861

410, 517
635,346
243, 379
350, 445
143, 674
2, 643, 243
4, 360,844
59,762
442, 387
328, 555

2299
2356
2381
2392
2397
2446
2456
2477
2582
2611
2646
2651
2749
2766
2791
2864
2897

33,824

2881
2953

140,809
49,800

1828
2307

608,308

2772

346,885
73,923
119,854
302,445

63,549
15,094
68,046
10, 622

2163
2471
2472
2585

298, 591

80,188

17,433

2928

6,694, 534
1,586,179

4, 325,194
1, 701,235

466,081
160, 490

2195
2196




6,379

298,396

352

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 68.—National banks in charge of receivers during year ended Oct. 31,1940',
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Disposition of proceeds of liquidation—Continued
Dividends paid by
receivers—
On
secured
claims

On
unsecured
claims

Secured and
preferred liabilities paid
except through
dividends,
including
offsets allowed

Cash advanced in
protection
of assets

Conservators'
salaries,
legal and
other
expenses

Receivers'
salaries,
legal and
other
expenses

1603
1622
1690

$10,766
10,254
8,983

$301,724
229, 552
1,692, 998

$177, 209
147,004
736,584,

$11, 683
974
27,194

$62, 397
69, 494
223, 863

1702
1872

21,940

541,841
1, 373,833
311, 376

190, 111
607, 390

2,805
56, 545

97, 557
147, 542

134, 286

4,292

69,215

231,109
76, 298,649

176,888
21, 298, 735

1,154

240,650,971
954,103
2, 764, 662
418,242
2,298,146

81,042, 592
3, 620,002
2, 369, 624
573, 757
4,180, 590

208,793
617, 586
744, 469
'319,837
570, 342
392, 366
398, 573
1,891,616
4,543,196
84,894
473,488
160,716

84,270
666,387
351,103
240,050
402, 532
164,323
332,855
2, 229, 533
2, 543, 601
461,042
348,075
244, 097

2030

14,749

2034
2298

7,580

2299
2356
2381
2392
2397

1,081
291

2446
2456
2477
2582
2611
2646
2651
2749
2766
2791
2864
2897

132,977
18,896

52,624
805
32,440
6,626

$194, 667

52,189
3,058, 447

34,856, 374
136,067
535, 824
11, 706
100, 376

441, 640
84,831
58, 776
17, 200

18,741,344
617,819
573,828
79, 820
660, 560

41, 322
117,834
36,197
8,326
89, 723

2,695
20,571
19,190
16,932
14, 338
7,021
12,234
127, 828
77, 928
14, 346
45, 744
24,859

66,134
165,079
144,076
71, 464
117,944
52, 784
69, 589
455,836
537,449
62,138
81,601
46,057

1,930
59, 410
877,666
28,567
12, 954
18, 356

403.176
152.177

592,992
34,850

149
7,165

26,108

78, 773
11, 359

889, 551
858,320

1,833, 561
723,606

8,107
2,217

11,163
11,041

195,044
118. 269

1,458,653

613,008

2,361

43,081

120,237

207,443
8,737
39,621
431,781

240,409
129,179

112
2,777
2,775
809

2,270
4,471
7,810

30,953
16,416
33,515
55,771

2928

192,356

81,556

683

23,996

2195
2196

1,687,495
1,095,652

4,754,706
396,693

2881
2953

1828
2307

264, 111
34,914

2772

2163
2471
2472
2585

29,386

Footnotes at end of table pp. 430 and 431.




220,066

167

219,759
93,667

353

REPORT OF THE COMPTROLLER OP THE CURRENCY

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 81, 1940—Continued
Disposition of proceeds of
liquidation—Continued

Cash in hands
of
Comptroller
and
receivers

Amount returned to
shareholders
in cash

Amount of
claims
proved

Dividend
(percent)

Interest
dividend
(percent)

Date finally
closed

$30,164
87,337
104,977

$494,161
618,147
2,396,937

60
33
70.5

1603
1622
1690

55,936
142,339

1,074,839
1, 515,399

52
90

1702
1872

75.95

429,394
23.049
73, 606

346,607
94, 233,153

30,326,367
493,923
36,612

335,844,853
6,146, 240
5,116,765
915,832
11,143, 729

174,905

Jan.

5,1940

2030

66. 667
3 89.5

2034
2298

3
3
3
3
3

2299
2356
2381
2392
2397

80
50
95
99. 47
70

Apr. 26,1940

470, 750
633,112
51 119
22,726
42,607

497,692
1,939,326
2, 111, 221
611,394
1,414, 670
388, 251
484.928
5,307,814
11,082,625
560,870
996,337
677,407

42
3 62.5
3 65
3 92.12
3 65
100
3 100
3 85
3 80
3 35
3 92.5
3 72

885, 323
304,929

45.54
50

Oct.

2,1940

20, 388

2881
2953

2, 378, 685
1, 371, 042

48.5
65.15

Dec. 15,1939
Aug 31,1940

1828
2307

1, 636, 873

89

40,912
9,869
95,343
41,486
$9,232

37, 356

358,832
72, 566
61, 715
410,048

173,826

7,592




66
12.04
64.2
100

100

3,013, 794
1,416, 303

56
77.36

July 19,1940
» 1.06
s 11.82

Oct. 10,1940
J u l y 19,1940

2446
2456
2477
2582
2611
2646
2651
274!)
2766
2791
2864
2897

2772

6 5.3

J a n . 6,1940
Dec. 21,1939
J a n . 12,1940
J a n . 25,1940

2163
2471
2472
2585

May

9,1940

2928

Sept. 14,1940

2195
2196

354

REPORT OF THE COMPTROLLER OP THE CURRENCY

TABLE NO. 68.—National hanks in charge of receivers during year ended Oct. 31,1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Organization

Name and location of banks
Charter
No.

Date

Failure

Capital
stock at
date of

Date receiver
appointed

NEW JERSEY

1642
1823
1908
1927
2045
2181
2249
2253
2281
2294
2327
2451
2512
2628
2640
2666
2758
2798
2829
2850
2853
2917

National Bank of North Hudson at Union
City.
First National Bank & Trust Co., Woodbridge.
Citizens National Bank, Long Branch
Ocean Grove National Bank, Ocean Grove
New Jersey National Bank & Trust Co.,
Newark.
First National Bank, Ocean City
Chelsea-Second National Bank & Trust
Co., Atlantic City.
Atlantic City National Bank, Atlantic City
Citizens National Bank, New Brunswick
Broad Street National Bank, Red Bank?..
Mount 7 Holly National Bank. Mount
Holly.
Mechanics 7National Bank & Trust Co.,
Millville.
First National Bank, Port Norris 7
Orange National Bank, Orange 7 7
First National Bank, East Orange
Palmyra National Bank, Palmyra 7
First National Bank, Lyndhurst7 7
Carlstadt National Bank, Carlstadt
Peoples National Bank, Lakewood 7
First National Bank, Secaucus 7
Ocean City National Bank, Ocean City 7_
First National Bank, West New York 7____

Sept. 19,1910

$600,000

Aug.

6,1931

June 12,1906

150, 000

Dec.

2,1931

Nov. 20,1901
Apr. 20,1900
Nov. 17,1910

150,000
100, 000
2, 800, 000

Jan. 20,1932
Jan. 26,1932
June 11.1932

6060 Oct. 23,1901
5884 May 20,1901

300, 000
600,000

Nov. 18,1932
Jan. 27,1933

24,1881
7,1923
19,1919
1,1865

300,000
250, 000
150,000
100,000

Jan.
Feb.
Apr.
Aug.

30,1933
16,1933
15,1933
4,1933

5208 June

6,1899

250. 000

Oct.

13,1933

Oct.
June
Mar.
July
May
May
May
Mar.
Nov.
Nov.

26,1910
13,1865
13,1923
2,1920
21,1913
21,1900
21,1904
17,1909
16,1923
14,1921

100,000
500, 000
200,000
50, 000
100, 000
100, 000
150, 000
100, 000
100, 000
300, 000

Oct. 31,1933
Dec. 19,1933
Dec. 21,1933
Jan. 6,1934
Mar. 5,1934
Apr. 10,1934
May 14,1934
June 18,1934
do
Dec. 14,1934

9867
6038
5403
9912

2527 Mar.
12468 Aug.
11553 Nov.
1356 June

10036
1317
12338
11793
10417
5416
7291
9380
12521
12064

NEW MEXICO

None.
NEW YORK

Queensboro National Bank of the City of
New York, N. Y.
1725 National Mohawk Valley Bank, Mohawk.1913 Citizens National Bank, Albion
-.
1988 First National Bank, Hornell
2023 Citizens National Bank & Trust Co.,
Hornell.
2090 Pulaski National Bank, Pulaski
2232 First National Bank in Mamaroneck
2277 Sunrise National Bank & Trust Co., Baldwin.
2314 Pelham National Bank, Pelham 7
2328 Larchmont National Bank & Trust Co.,
Larchmont 7
2459 Harriman National Bank & 7
Trust Co of the
City of New York, N. Y.
2483 Falls National Bank, Niagara Falls 7 7
2565 Richmond National Bank, New York
2586 First National Bank of 7
The Thousand Islands, Alexandria Bay
2697 Salt Springs National Bank, Syracuse 7 7
2702 First National Bank & Trust Co., Yonkers .
2711 National City Bank, New Rochelle 7
2718 First National Bank, Brockport 7
2719 First National Bank & Trust Co., Mamaroneck *
2727 Seneca National Bank, West Seneca 7
2730 First National Bank, Hempstead 7 7
2895 First National Bank, East Rochester 7
2907 Ozone Park National Bank, New York ..._
2944 National Bank of Ridgewood in New York,
N.Y.i
2946 Fort Greene National Bank in New York,
N. Y.4
Footnotes at end of table, pp. 430 and 431.
1664




12398 June 11,1923
1130
4998
262
2522

Apr.
May
Nov.
Mar.

3,1865
2,1895
21,1863
12,1881

1496 July 3,1865
13592 Jan. 15,1932
13062 Apr. 5,1927

200, 000 Aug. 26,1931
100, 000
200,000
300, 000
125, 000

Oct.
Jan.
Feb.
May

12,1931
21,1932
27,1932
10,1932

75, 000 July 11,1932
250, 000 Jan. 16,1933
100, 000 Feb. 14,1933

11951
6019

Mar. 18,1921
Oct. 28,1901

9955

Mar. 2,1911

11489
11655
5284

Oct. 16,1919
Feb. 17,1920
Mar. 24,1900

200, 000 July
200, 000
Aug.
2, 000, 000
Oct.
100, 000
Oct.
400, 000
50, 000 Nov.

May
Dec.
Aug.
Apr.
May

20,1865
9,1864
18,1902
4,1864
28,1900

800, 000
1, 000, 000
500, 000
75,000
150, 000

12925 July 27,1925
4880 Mar. 2,1893
10141 Dec. 19,1911
12280 Oct. 30,1922
12897 Mar. 6,1926

50, 000
500, 000
150, 000
200,000
200, 000

Jan. 22,1934
Jan. 23,1934
Feb. 1,1934
Feb. 2,1934
do
Feb. 7,1934
Feb. 13,1934
Oct. 10,1934
Oct. 30,1934
July 12,1937

13336 June 10,1929

500, 000

Aug. 14,1937

1287
653
6427
382
5411

21,1933
5,1933
16,1933

26,1933
14,1933
Dec. 7,1933

355

REPORT OF THE COMPTROLLER OF THE CURRENCY

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earneating the progress and results of liquidation to Oct. 31, 1940—Continued
Circulation

Liabilities

Borrowed
m o n e y (bills Total depayable, re- posits at
discounts,
date of
etc.) at
failure
date of
failure

Assets and assessments

Additional Total liabil- Lawful Outstand- Book value
liabilities ities estab- m o n e y
ing at
of assets
established lished to deposited
date of
at date of
date of
to date of
to retire
failure
failure
report
report

$131,015

$8,879,031

$140,000

1,776,412

100,000

Additional
assets received
since date
of failure

$140,000 $10,027,246

$153,094

1642

1,928, 382

62, 395

1823

1,478, 736
1, 429, 061
7, 946, 632

2,133, 562
31,939
1,930,275
24,040 2, 037, 400
24, 040
34,138
1,808, 338
1, 026,600 1, 026, 600 16,935, 633
206, 394 13,856, 492

20,666
35,113
619,841

1908
1927
2045

965,408
4, 575, 657

1, 629,885
5, 439, 556

300, 000
300, 000

300, 000 3, 006, 345 547,171
300,000 11, 088, 289 1,005,181

2181
2249

3, 662, 258
671, 691
615,482
239, 346

7, 674, 055
931, 445
1,839,891
279, 282

428,043
3, 023,336
459, 265 10,474,478
972,128 12, 308,441
23, 864 1,627,000
30, 204 2,485, 577
59,165
577, 793

296,100

296,100

2253
2281
2294
2327

361, 002

626, 472

39,172

1, 026, 646

98, 560

98, 560

1, 294, 355

67, 537

2451

315,352
1,109,418
216, 262
223,400
329, 261
255,980
503, 567
307,445
409, 502
2,083,863

259, 313
4,151, 235
1,111,885
337, 790
938, 937
865,611
1,415, 597
1,042,915
366, 351
3,966, 769

16, 461
70,898
29,154
17, 231
42,140
38,980
76, 016
1,487
30, 032
230,125

591,156
5, 331, 551
1, 357, 301
578, 421
1, 310, 338
1,160, 571
1,995,180
1, 351,847
805,885
6, 280, 757

23,950

23,950

12, 500
99,997
100, 000
146, 600
25, 000
79, 500
97,850

12, 500
99,997
100, 000
146,600
25, 000
79, 500
97,850

758,890
6,022,153
1, 565, 569
653, 585
1, 467,969
1, 258, 990
2, 306, 376
1, 502, 081
875, 725
6, 641, 261

37, 362
64, 586
74,435
13, 368
79,458
71,101
74,828
24,847
63,321
113,641

2512
2628
2640
2666
2758
2798
2829
2850
2853
2917

300,000

1,982, 752

21, 703

2, 304, 455

2, 579,811

60,289

1664

174, S28
780,883
727,051
976, 609

902,789
3,190, 726
1,661, 595
1, 517,460

8,898
6,641
11, 523
104,105

1,086, 515
3,978,250
2,400,169
2,598,174

96,940
49,280
98,080
98, 315

96,940
49, 280
98, 080
98, 315

1, 205, 608
4, 302,413
2, 728,983
2,755,184

88,096
209,186
199,972
119,107

1725
1913
1988
2023

222,000
1,410,856
235,683

1,480,573
1,944,442
299, 645

7,201
179,894
28,420

1,709,774
3, 535,192
563, 748

49, 700

49, 700

1,854,439
3, 764, 480
649,746

66,103
202,484

107, 572

2090
2232
2277

1,260, 529
1, 066,144

1, 275, 295
1, 509, 936

51, 745
40,602

2, 587, 569
2, 616,682

200,000

200,000

2, 817, 295
2,885,473

110, 032
103,140

2314
2328

1, 388, 500 23,760,278

632,852

25, 781, 630

300,000

300, 000 28,772,185

227, 083
1, 030,954
334,982

21,682
110,830
21,508

1, 375,831
4, 297,808
940,697

25,000
335,480
34,995

25,000
335,480
14,995

295,700

295,700

$620,000

$8,128,016

200,000

1, 543, 721

419,600
345,139
5, 703, 466

1,127, 066
3,156,024
584, 207

1,144, 260 4,165,850
4,459,262 12, 746,547
3,119, 707 7,127, 736
158, 607 1,444, 630
1,852,011

32,691

5, 392, 219
82,109
496,225 17, 702,034
234, 752 10,482,195
23, 210 1,626,447
208, 346 2, 060, 357

143, 335
248,801
631, 241
364, 614
292, 941

627, 266
4,149, 523
909, 492
1, 396, 657

13,187
53,902
66, 050
38, 735
62

783, 788
4,452, 226
1,606, 783
1,800,006
293, 003

125, 000

2, 015, 717

29,008

2,169,725




100, 000

50, 000

250,000
50,000
48,800

100,000

12,981,529 1,313, 393
1,836,969
75, 242
2, 713, 792 110, 572
100, 000
613,414
106, 753

3,808, 643

2459

1, 508,112
4,824, 249
992, 708

21,941
81,688
31,043

2483
2565
2586

6, 365,136
18, 058,725
11,097,488
50, 000 1, 795,253
1,861, 308

262,055
409, 572
535, 314
62, 623
183, 403

2697
2702
2711
2718
2719

875, 389
5,051, 396
1, 781, 402
2,020,156
306, 025

23,851
94, 769
141,060
53, 609
321

2727
2730
2895
2907
2944

2,475,163

304,036

2946

250,000
50, 000
48,800

356

REPORT OF THE COMPTROLLER OE THE CURRENCY

TABLE N O . 68.—National banks in charge of receivers during year ended Oct. 31, 1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Assets and assessmentsContinued

Progress of liquidation to date of this report

Total assess- Total assets
and stock
ment upon
shareholders assessment

Cash collections from
assets

Cash collections from
stock
assessment

Receivership
earnings, cash
collections
from interest,
premium,
rent, etc.

Unpaid
balance
R. F. C.
loan

Offsets
allowed
and
settled

1642

$600,000

$10,780,340

$5,432,057

$153,427

$380,561

$317,951

1823

150,000

2,140,777

1,004,408

100,932

94,943

172,619

1908
1927
2045

150,000
100, 000
2,800, 000

2, 304, 228
2,172, 513
20,355,474

1,162,931
1,188, 278
11,845,073

107,975
86,830
1, 207,462

113,540
141,058
670, 515

178, 776
219,022
1,046,993

2181
2249

300,000
600,000

3,853,516
12,693,470

1,369,191
4,499,845

212,784
369,761

92,472
338,464

85, 230
232, 085

2253
2281
2294
2327

300,000
250, 000
150,000
100,000

14,594, 922
2,162, 211
2,974,364
820,167

5, 077, 044
1,050,492
1, 384,737
369,848

123,613
136,790
111, 742
83,615

430,458
140,362
125,918
35,520

499, 610
133,031
192, 391
20, 313

2451

250, 000

1,611,892

583,775

153,955

75,661

97,904

68,008
149,622
54,915
29,877
37,159
53, 773
77,166
39,478
38,364
51,770

34,357
299,899
73, 240
46,135
181, 408
129, 074
81,309
131,062
28,577
274,123

35, 484
405,401
90,450
56, 066
143, 611
99, 637
169, 539
125,021
72,494
723, 925

2512
2628
2640
2666
2758
2798
2829
2850
2853
2917

100,000
500, 000
200,000
50, 000
100,000
100,000
150, 000
100, 000
100,000
300,000

896,252
6,586, 739
1,840,004
716,953
1,647,427
1,430,091
2,531,204
1,626,928
1,039,046
7,054,902

323, 285
4,000,841
977,673
373,042
977,967
950, 772
1,473, 703
1,055,860
525,921
4,705, 288

1664

200,000

2,840,100

1, 733,134

66,280

70,932

148,022

1725
1913
1988
2023

100,000
200,000
300,000
125,000

1.393,704
4,711,599
3, 228,955
2,999,291

731, 325
3,136, 526
1,830,983
1,848,067

74,427
178,849
157,440
95,923

49,055
140, 279
123,727
192, 306

53, 647
202, 076
109, 339
167,545

2090
2232
2277

75,000
250,000
100,000

1,995,542
4,216,964
857,318

1,237,717
1,682,085
327,825

30,348
93,809
18,718

128,128
103,001
12,090

2314
2328

200,000
200,000

3,127,327
3,188,613

1,885, 361
1,653,328

137,643
115,459

106,903
155,587

2459

2,000,000

34,580,828

20,183,471

1,147,813

1,081,697

1,917,419

2483
2565
2586

100,000
400,000
50,000

1,630,053
5,305,937
1,073,751

1,176, 342
2,986,571
735,643

41,063
177,197
46,431

128,961
403,195
72,082

37, 224
332,133
55,103

2697
2702
2711
2718
2719

800,000
1,000,000
500,000
75,000
150,000

7,427,191
19,468,297
12,132,802
1,932,876
2,194,711

4,310,447
11,149,410
6,532,538
1,189,724
419,537

227,905
432,198
242,691
37, 686
64,646

460,859
812,911
766,180
76, 231
49,479

2727
2730
2895
2907
2944

50,000
500,000
150,000
200,000
200,000

949,240
5,646,165
2,072,462
2, 273,765
506, 346

658,924
3,760,387
1,275,296
1,433,311
11,069

25,523
268,503
92, 307
111, 461
15,084

60, 220
357,260
146,849
75,135
1,586

56, 313
218,644
134,183
101,062

2946

350,000

3,129,199

1,668,558

61,289

59,249

120,313




$180,500

68,999
190,148
90,763

40,500

69,849
94,182

378,000

291, 751
952, 498
590,123
89, 479
46,936

357

REPORT OF THE COMPTROLLER OF THE CURRENCY

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earncating the progress and results of liquidation to Oct. 31, 1940—Continued
Progress of liquidation to date of this report—Continued

Total collections from all
sources including offsets
allowed and
unpaid balance
R. F. C. or
bank loan

Losses on
assets compounded or
sold under
order of
court

Book value
of remaining
uncollected
assets

Book value
of remaining
uncollected
stock
assessment

Book value
of assets
returned to
shareholders'
agents

Disposition of proceeds
of liquidationDistributions by
conservators—

To
secured
creditors

To
unsecured
creditors

$446,573

1642

$6,283,996

$4,430,332

1,372,902

483,288

$330,462

49,068

1823

1,563,222
1,635,188
14, 770,043

374,175
665,213
1,932, 572

438,346
2, 730,836

42,025
13,170
1,592, 538

1908
1927
2045

1, 759, 677
5,440,155

1,371,837
7,360,490

727, 258
1,050

87, 216
230, 239

2181
2249

6,130, 725
1,460,675
1,814, 788
509, 296

8, 718, 268
306, 599
455,110
330,006

422,089
792,126

176,387
113,210
38, 258
16,385

2253
2281
2294
2327

911, 295

397,061

283,152

96,045

2451

461,134
4,855, 763
1,196,278
505,120
1,340,145
1,233, 256
1, 801, 717
1,351,421
665,356
5,755,106

437,483
1, 049, 492
571,881
237, 845
425, 849
126,923
737,962
179, 602
340,631
712, 670

31,992
350,378
145, 085
20,123
62,841
46, 227
72,834
60, 522
61, 636
248, 230

2512
2628
2640
2666
2758
2798
2829
2850
2853
2917

2,018, 368

758,944

133, 720

1664

908,454
3, 657, 730
2,221,489
2,303,841

508, 732
1,172, 997
988,633
384, 636

25, 573
21,151
142, 560
29, 077

1725
1913
1988
2023

1,465,192
2,249, 543
449,396

613,826
123,947
338, 730

1,970, 784

44,652
156,191
81, 282

2090
2232
2277

2,199, 756
2,059,056

794, 695
300, 715

177, 422
940,388

62,357
84,541

2314
2328

24,330,400

2,446,944

8,032,994

852,187

1, 383, 590
3, 899,096
909, 259

316,456
876,415
233,005

31
710, 818

58, 937
222,803
3,569

5, 290,962
13, 725,017
8,131,532
1, 393,120
580, 598

719, 710
939,981
1,075,154
309,033
135, 737

1, 305, 283
5,426,408
3,434, 987
269, 640
1,442, 501

572,095
567,802
257,309
37,314
85,354

800, 980
4,604, 794
1, 648,635
1, 720,969
27, 739

96,994
640,345
98,395
338,938
6,294

87,009
526,789
414, 588
200,454
288,983

24,477
231,497
57,693
88, 539
184,916

1,909,409

11,347

978, 981

288, 711




631,005

152, 759
166, 445
613,019

474,043

$1,911,987

$13,851

391, 375

232, 259
300,940
348,497
473, 527
60, 530
729,016

7,778,174

2459
2483
2565
2586

3,422

4,506,821
1, 804, 470
609, 579
28,019
620, 490

2697
2702
2711
2718
2719
2727
2730
2895
2907
2944
2946

358

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 68.—National banks in charge of receivers during year ended Oct. SI, 1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Disposition of proceeds of liquidation—Continued
Dividends paid byreceivers—
On
secured
claims

On
unsecured
claims

Secured and
preferred liabilities paid
except through
dividends,
including
offsets allowed

Cash advanced in
protection
of assets

Conservators'
salaries,
legal and
other
expenses

Receivers'
salaries,
legal and
other
expenses

1642

$4,796, 422

$1,100,681

$16,328

$370,565

1823

816,735

376,427

4,095

128,087

2,441
15,879
10,791

174,406
119,567
543,627
113,246
315,141

1908
1927
2045

$30,088

667,735
886, 288
5, 276, 249

642,851
583,366
8,513,475

2181
2249

89, 322
184,844

144,494
305,939

1,338,420
4, 397,812

214
14, 503

2253
2281
2294
2327

152,376
31,103

563,824
394, 672
691,867
150,852

5,093,657
837,380
885,935
258,719

11,636
171
6,576
282

$3,024
6,090

309,232
149,853
199,638
62,250

2451

74,852

269,644

409,932

426

13,491

88,851

2512
2628
2640
2666
2758
2798
2829
2850
2853
2917

62,159
452,226
15,400
15, 610

57, 216
706, 402
153, 381
495,945
361, 247
479,142
262,807
27, 540
877,717

287, 111
1,805,972
341, 567
272, 526
492,183
377,860
805,147
432,675
499, 530
3,762,490

7,037
71,869
21,127
8,512
24,070
26, 459
44, 394
35,717
26, 304
85,734

47, 611
345,622
111, 782
54,275
94,323
104,881
114,482
105,955
31,619
221,325

1664

1,430,095

501,201

1725
1913
1988
2023

551,630
2,494,950
1. 210,044
775, 257

267,384
1,040,882
907,571
1,284,991

1,361
781
5,477
3,016

88,079
121,117
98, 397
114, 383
70,702
225,980
44, 598

5,971

23,466
816
1,365
3,697
10,055
4,046
11
1,505

87,072

2090
2232
2277

209
2,502

1,070,373
73,872
50,854

323,908
1,852,301
353,944

74,295

2314
2328

16,238

368,669
392,370

1,535,597
1,320,719

4,944
61,142

9,909
21,441

177,343
257, 252

2459

94, 617

5,548,930

8,575,242

2,123

304,190

1,394,118

2483
2565
2586

95,814
2,800
8,672

662,342
1,908,497
396,082

456, 546
1,460,913
426,593

1,489
11,108
1,479

7,521
69,340
10,367

87,166
376,795
66,066

2697
2702
2711
2718
2719

220, 503

2, 601,820
1,183, 476
962, 580
329,624
139

2,010,079
6, 217,676
4, 324,175
278,309
459,171

30,591
314,085
182,090
1,659

66,977
218,477
105, 456
18,592
45, 618

270, 566
1,249,811
667,897
70,982
17,020

449, 502
43, 590

460,122
2, 550,193
614,162
315, 436

228,030
1,146,049
839,336
511,102
12,085

1,675
10,106
7,932
6,589

10,990
47, 622
48, 655
57,721

39,770
252, 737
80,821
105,096
9,427

1,793

975,830

659,216

5,845

2727
2730
2895
2907
2944
2946

40, 568

Footnotes
 at end of table, pp. 430 and 431.


83,278

REPORT OF THE 'COMPTROLLER OIF THE CURREOSrOY

359

dates of organization, appointment of receivers and final closing, with nominal
assessments, amounts collected from all sources, including offsets allowed and earncating the progress and results of liquidation to Oct. 31, 1940—Continued
Disposition of proceeds of
liquidation—Continued

Cash in hands
of
Comptroller
and
receivers

Amount of
Amount returned to
shareholders
in cash

claims
proved

Dividend
(percent)

Interest
dividend
(percent)

D a t e finally
closed

$7,801,597

61.48

A p r . 30,1940

1642

$47, 558

1,391,790

58.5

1823

75,789

52.5
74.53
100

A p r . 11,1940

425,901

1,267,394
1,229, 540
5, 269,654

1908
1927
2045

73,981
221, 916

2,305,483
5,681,458

10
6

78, 599
27,748

8,505,938
780,146
1, 571,573
346,911

8.42
50
43
52.45

54,099

516,618

244,621

58,172
36, 694
77,319

510,804
3,490,342
1,018, 775
316,640
811,189
778,309
1,181,666
912,995
335,068
2,501,420

2181
2249
Oct. 31,1940
N o v . 30,1939

51
23.37
3 67.5
70.85
53.37
3 89.77
3 85
3 70.04
3 80
3 32.2
3 64

2253
2281
2294
2327
2451

M a y 16,1940
F e b . 29,1940
F e b . 24,1940
A u g . 9,1940
Oct.

19,1940

Sept. 13,1940

2512
2628
2640
2666
2758
2798
2829
2850
2853
2917

1, 802,944

79.32

4,1940

1664

819,293
2,931,545
1,476, 564
1, 288,840

67.33
3 85.107
81.95
60

F e b . 9,1940
A p r . 30,1940
N o v . 30,1939

1725
1913
1988
2023

1,387,483
1, 514,348
202, 767

77.16
5
25.08

A u g . 16,1940

2090
2232
2277

87,056
6,132

1,020, 201
1, 273, 702

36
30

241, 631

16, 680, 571

80.25

2459

72,712
69,643

821, 757
2, 808, 816
515, 525

80
67.5
78. 513

2483
2565
2586

90,426
34, 671
84,864
80,953
18,082

3,120,434
11,356,455
6,093, 256
1, 204,928
2,035,350

82.5
3 50
3 45
3 66.667
2

2697
2702
2711
2718
2719

32,374
148, 585
14,139
104, 535
6,227

554,328
2,858,087
717,639
1,279,802

88
90
85
3 73

2727
2730
2895
2907
2944

183,447

1, 504,308

65

2946

126,194
20, 593




Oct.

D e c . 29,1939

2314
2328

Jan.

4,1940

360

REPORT OF THE COMPTROLLER OF THE CURRENCY

TABLE NO. 68.—National banks in charge of receivers during year ended Oct. 31,1940,
amounts of total assets and total liabilities at date of failure, capital stock and stock
ings, together with the disposition of such collections, and various other data indi
Organization

Failure

Name and location of banks
Capital
stock at
date of

Date receiver
appointed

15,1907
26,1865
15,1908
12,1928
23,1891
8,1887

$200,000
300,000
600,000
150,000
1,000,000
100,000

Nov.
Dec.
Dec.
Feb.
Feb.
Jan.

Sept. 12,1881

400,000

Nov. 15,1933

July
Mar.
Apr.
June
Jan.
Ausr.
May
Dec.
Nov.
May
June
Nov.
June

30,1907
29,1907
16,1930
27,1902
8,1864
8,1863
15,1900
20,1902
14,1863
23,1863
10,1865
24,1900
21,1900

100,000
300,000
150,000
100,000
300,000
400,000
50,000
25,000
500,000
200,000
500,0