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ANNUAL REPORT OF THE
Comptroller of the Currency
TO THE THIRD SESSION OF THE SIXTY-SEVENTH
CONGRESS OF THE UNITED STATES
December 4, 1922
WASHINGTON
GOVERNMENT PRINTING OFFICE
1923
TREA8TTKY DEPARTMENT,
Document No. 2919.
Comptroller of the Currency.
TABLE OF CONTENTS.
Submission of the report
Legislation enacted and recommended relating to national banks:
Enacted—
Qualification of directors
Extending period of succession
Reducing number of bank calls
Recommended—
Perpetual succession of national banks
Consolidation of national and State banks
Amending section 5134, Revised Statutes
Penalties for embezzlement, etc., applicable to national-bank examiners, assistants, etc
Directors' reports to shareholders..
A ppointment of examiners and assistants
.
Amending section 5138, Revised Statutes
Amending section 5222, Revised Statutes
Amending section 5147, Revised Statutes
To authorize comptroller to institute proceedings against directors for
losses sustained account of violations of law
Amending section 5169, Revised Statutes
Amending section 5220, Revised Statutes
Authorizing organization of banks with capital of $50,000 in suburbs of
cities
Punishment for uttering false statements
National-bank charters
National-bank examiners
Assessments on national banks to pay salaries and expenses of national-bank
examiners
Bank officers and employees convicted of criminal violations of law
Condition of national banks at date of each call during report year
Condition of national banks September 15, 1922:
Resources—
Loans and discounts
Overdrafts
Customer's liability on account of acceptances
United States Government securities.
Other bonds, stocks, securities, etc
Bank premises and other real estate owned
Lawful reserve
Cash in vault
Due from banks and bankers
Exchanges for clearing house
All other assets
Liabilities—
Capital stock, surplus, and undivided profits
National-bank notes outstanding
All deposits
Bonds and borrowed money
Bank acceptances and other liabilities
Principal items of resources and liabilities of national banks, September 15,
1922
Nonborrowing national banks, principal items of resources and liabilities of, in
each State, September 15, 1922
Borrowings of national banks in each Federal reserve district, account of bills
payable and rediscounts, September 15, 1922..
Classification of loans and discounts of national banks in cities and States, June
30, 1922
in
1
5
5
5
5
5
5
5
5
5
6
6
6
6
6
6
7
7
7
12
14
15
18
19
19
19
20
20
20
20
21
21
21
21
21
21
22
22
22
24
26
28
30
IV
CONTENTS.
Page.
Classification of loans and discounts of national banks for last three fiscal years36
Comparative statement of loans and discounts of national banks in central reserve cities, other reserve cities, and country banks for the last three fiscal
years
36
National banks in agricultural, semiagricultural, and nonagricultural counties,
March 10,1922
37
Investments of national banks, June 30,-1922
38
United States, domestic, foreign bonds, securities, etc., held by national banks
in reserve cities and States, June 30, 1922
.
38
United States Government securities owned by national banks in reserve
citiesand States, June 30, 1922
44
Savings depositors and deposits in national banks, June 30, 1922
46
Relation of capital of national banks to deposits, etc
50
Percentage of the principal items of assets and liabilities of national banks,
1914-22.....
50
Progress of national banks since passage of Federal reserve act
50
Earnings, expenses, and dividends of national banks, year ended June 30,1922:
Summary of
54
Abstract of, in cities and States
55
Abstract of, by Federal reserve districts
64
National-bank investments and losses charged off on account of, etc., years
ended June 30, 1918-1922
65
Number of national banks, capital, surplus, dividends, and net addition to
profits, etc., years ended June 30, 1914-4922
- 65
National banks classified according to capital stock
65
National-bank failures
,
66
National-bank charters applied for, granted, and refused
69
Increases and reductions of capital stock of national banks
69
Liquidation of national banks
69
Consolidation of national banks
70
Growth in number and capital of national banks
71
National banks' capital stock changes, 1914-1922
71
Organization and liquidation of national banks, 1914-1922
71
Number of national banks organized in each State, consolidated under act of
November 7, 1918, insolvent and in voluntary liquidation, etc., on October
31,1922
72
National banks chartered during the year
73
;......
National banks organized, failed, and in voluntary liquidation during the year..
78
Number and classification of national banks chartered during the year
..
79
Conversions of State banks and primary organizations as national banks since
1900
80
v .
Number and capital of State banks converted into national banking associations in each State and Territory, from 1863 to October 31, 1922
80
Expirations and extensions of charters of national banks
80
Number of national banks in each State, the charters of which were extended
under act of July 12, 1882, to July 1, 1922
81
Reextension of national-bank charters, under act of July 12, 1882, as amended
April 12,1902, to-July 1,1922
81
Changes of title of national banks
81
Changes of title incident to consolidations of national banks:
82
Number of national banks increasing their capital monthly, years ended
October 31,1920-1922
83
Domestic branches of national banks
83
Local offices of national banks authorized, year ended October 31,1922
85
Foreign branches of national banks
85
Condition of foreign branches of National City Bank, New York, N. Y., and
First National Bank, Boston, Mass., June 30,1922
86
United States bonds and other interest-bearing obligations
90
Banks' investments in United States bonds
90
United States bonds deposited as security for circulation by banks chartered
and by those increasing their circulation, with amount withdrawn, etc.,
monthly, year ended October 31,1922
91
United States bonds and special certificates of indebtedness for account of
Federal reserve banks withdrawn monthly, year ended October 31, 1922,
and amount on deposit, October31, 1922
91
Profit on national-bank circulation
92
CONTENTS.
Redemption of national bank and Federal reserve currency during the year
National-bank circulation, denominations of, outstanding
National-bank circulation in vaults of Currency Bureau, received and issued.
National-bank circulation issued and retired, years ended October 31,1914-1921,
and quarterly year ended October 31, 1922
Federal reserve system:
Resources and liabilities of Federal reserve banks in November, 1914-1920,
and October, 1921 and 1922
Condition of Federal reserve banks at the close of each month, January,
1918, to October, 1922
Percentage of bills discounted by Federal reserve banks secured by Government obligations, to total bills discounted and purchased monthly, year
ended October 31,1922
Federal reserve bank discount rates in effect October 31,1922
Federal reserve notes:
Outstanding, secured by gold and commercial paper, etc., monthly, year
ended October 25,1922
Vault balance, October 31, 1922
Issued, retired, and outstanding, October 31,1922
Received for destruction since organization of banks and on hand in vault,
October 31,1922
Federal reserve bank notes:
Vault balance, October 31,1922
Issued, redeemed, and outstandng, October 31, 1922
Banking power of the United States
Money in the United States
Imports and exports of merchandise, gold, and silver, calendar years 1914-1921
and from January to August 31, 1922
•.
Stock of money in the United States, in the Treasury, in reporting banks, Federal reserve banks, and in general circulation, years ended June 30,1914-1922.
Rates for money in New York
Discount and interest rates prevailing during 30-day period ended September
15,1922
Monetary stocks in the principal countries of the world
New York clearing house
!
Clearing-house associations in the United States
.. - Clearing-house associations, transactions of, in the 12 Federal reserve bank cities
and other cities, years ended September 30,1921-22
Banks in the District of Columbia, June 30, 1922
Earnings, expenses, and dividends of savings banks and trust companies in
the District of Columbia, year ended June 30,1922
Building and loan associations in the District of Columbia
Banks other than national:
State (commercial) banks, June 30, 1922
Loan and trust companies, June 30, 1922
Principal items of resources and liabilities of loan and trust companies in
June, 1914-1922
Stock savings banks, June 30,1922
Depositors and deposits in stock savings banks, in each State, June 30,
1921-22
,
Mutual savings banks, June 30,1922
Depositors and deposits in mutual savings banks, in each State, June 30,
1921-22
Mutual and stock savings banks, number of, depositors and deposits, etc.,
June 30,1914-22
Private banks, June 30,1922
All reporting banks, June 30,1922
Resources and liabilities of each class of, June 30,1922.
Principal items of resources and liabilities of, June 30,1917-1922
All reporting banks:
Resources and liabilities of, in each State and island possessions, June 30,
1922
%
Summary of combined returns
Comparison of principal items of resources and liabilities of, in June,
1921-22-.Individual deposits in, June 30, 1922
V
Page.
92
94
95
96
96
98
99
99
99
101
101
101
102
102
102
103
105
105
106
109
Ill
115
115
115
116
117
118
119
121
123
124
126
127
128
131
131
133
135
136
136
144
145
146
VI
CONTENTS.
All reporting banks—Continued.
Cash in, June 30,1922
Savings deposits in (including postal savings and school savings deposits),
in each State, June, 1922
Development of, since June 30,1914
Resources and liabilities of, from 1917 to 1922
National, Federal reserve, and State (commercial) banks, loan and trust companies, savings and private banks, June 30,1922
Building and loan associations, 1921-22
United States postal savings system, 1921-22
School savings banks, 1921-22
Federal farm-loan system
Resources of central banks in foreign countries
Savings banks in principal countries of the world
Expenses incident to maintenance of Currency Bureau
Conclusion
147
148
151
152
152
153
155
161
164
165
166
169
170
APPENDIX.
Digest of decisions relating to national banks
175
TABLES.
No. 1. Comptrollers and Deputy Comptrollers of the Currency
No. 2. Names and compensation of officers and clerks in the office of the
Comptroller of the Currency, October 31,1922
No. 3. Number of national banks organized since February 25,/1863. Number
passed out of the system and number in operation, October 31,1922.
No. 4. Authorized capital stock of national banks on the first day of each
month from January 1, 1914, to November 1, 1922, bonds on deposit
to secure circulation, circulation secured by bonds, lawful money
on deposit to redeem circulation, and national-bank notes outstanding
No. 5. National banks placed in liquidation from November 1,1921, to October
31, 1922, names (where known) of succeeding banks in cases of succession with date of liquidation and capital
No. 6. Capital stock, surplus, undivided profits, and aggregate resources of
national banks consolidated under act of November 7, 1918, for year
ended October 31, 1922, as shown by their last reports prior to consolidation
.
No. 7. United States bonds on deposit to secure circulating notes of national
banks yearly on October 31,1900 to 1922.
No. 8. Profit on national-bank circulation, based on deposit of $100,000
United States consols of 1930, etc., for each month during the year
ended October 31,1922
No. 9. Investment value of United States and Panama Canal bonds quarterly
during the year
No. 10, United States bonds, monthly range of prices in New York, from November, 1921, to October, 1922
No. 11. National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on October 31,1914 to 1922
No. 12. National-bank notes of each denomination outstanding, March 13,1900,
and October 31,1914 and 1922
No. 13. National-bank notes received monthly for redemption during the year
ended October 31, 1922, by the Comptroller and the Redemption
Agency of the Treasury, together with the total amount received
since June 20, 1874.
No. 14. National-bank notes received at Currency Bureau and destroyed yearly
since establishment of tly3 system
No. 15. National-bank notes issued; the amount and per cent received and destroyed on account of active, liquidating, and insolvent banks yearly,
October 31, 1914, to October 31, 1922
No. 16. Amount and denominations of national-bank notes issued and redeemed
since the organization of the system, and amounts outstanding,
October 31,1922
1
No. 17. Vault account of currency received and issued by this bureau during
the year and amount on hand October 31,1922
184
184
187
187
189
192
194
195
197
198
199
200
200
201
202
202
202
CONTENTS.
VH
Page.
No. 18. Vault account of currency received and destroyed during the ym&r
ended October 31, 1922
No. 19. Taxes assessed on national-bank circulation 1864 to 1922, cost of redemption 1874 to 1922, and cost of plates and examiners' fees 1883 to 1922..
No. 20. Taxes assessed on Federal reserve bank currency, cost of redemption,
and cost of plates for years ended June 30, 1915 to 1922
No. 21. Insolvent national banks in charge of receivers, year ended October 31,
1922, dates of organization and failure, causes of failure, dividends
paid while solvent, circulation issued and redeemed, etc
No. 22. Insolvent national banks in charge of receivers, year ended October
31, 1922, dates of failure and final liquidation, assets, collections,
dividends paid, etc
No. 23. National banks restored to solvency after having been placed in charge
of receivers
No. 24. Dividends paid to creditors of insolvent national banks during the past
year, with total up to November 1,1922...
No. 25. Dates of reports of condition of national banks, 1914 to 1922
No. 26. Number, capital, circulation, aggregate assets of national banks,
January, 1914, to September 15, 1922, money in the United States,
etc
•.
No. 27. Abstract of resources and liabilities of national banks on September
15, 1922, in New York, other central reserve and reserve cities,
country banks, and the aggregate
No. 28. Classification of loans by national banks in reserve cities, etc., at date
of midsummer call, June 30, 1917, to June 30, 1922
No. 29. Classification of deposits for each call during year, by reserve cities
and States
No. 30. Cash in vaults of national banks at date of each report during year, by
reserve cities and States
No. 31. Circulation of national banks at date of each report during year
No. 32. Gold, silver, coin certificates, legal tenders, and currency certificates
held by national banks at date of each report since January 13,1914..
No. 33. Specie held by national banks in the city of New York at date of each
report since January 13, 1914
No. 34. Reserve held by national banks at date of each call since September
11, 1917
No. 35. Reserve computation of national banks at date of each report during
the year, by reserve cities and States
No. 36. Aggregate resources and liabilities of national banks for each call from
January, 1914, to October, 1922
No. 37. Condition of national banks for each report since September 6,1921, by
States and reserve cities
No. 38. Resources and liabilities, condensed, of each national bank on September 15, 1922
No. 39. Abstract of reports of condition of national banks, by reserve districts,
at date of each report during year
No. 40. Classification of loans, investments, and deposits of national banks,
June 30 of each year, 1914 to 1922, inclusive
No. 41. Principal items of resources and liabilities and classification of loans
and discounts of national banks in agricultural, semiagricultural,
and nonagricultural counties in each State and Federal reserve
district, March 10, 1922
No. 42. Classification of national banks according to capital stock, September
15, 1922
No. 43. Abstract of reports of savings and State banks in the District of Columbia, for each call since September 6, 1921
No. 44. Abstract of reports of loan and trust companies in the District of Columbia, for each call since September 6,1921
No. 45. Principal items of resources and liabilities of each savings and State
bank in the District of Columbia, September 15,1922
No. 46. Principal items of resources and liabilities of each loan and trust company in the District of Columbia, September 15,1922
No. 47. Principal items of resources and liabilities of loan and trust companies
in the District of Columbia, on or about October 1,1914 to 1922
No. 48. Principal items of resources and liabilities of savings and State banks
in the District of Columbia, on or about October 1, 1914 to 1922
202
203
203
204
208
214
215
216
217
218
219
222
242
253
261
263
265
266
274
285
405
664
674
676
868
878
879
880
882
883
883
CONTENTS.
Page.
No. 49. jfitommary of resources and liabilities, receipts and disbursements, of
the building and loan associations in the District of Columbia, for
six months ended December 31,1921
No. 49-a. Summary of resources and liabilities, receipts and disbursements, of
the building and loan associations in the District of Columbia, for
six months ended June 30,1922
No. 49-b. Condensed statement of resources and liabilities of each building and
loan association in the District of Columbia, June 30,1922
No. 50. Abstract of reports of State (commercial) banks on June 30, 1922, by
States
l$o. 51. Abstract of reports of loan and trust companies on June 30, 1922, by
States
No. 52. Abstract of reports of stock savings banks on June 30,1922, by States..
No. 53. Abstract of reports of mutual savings banks on June 30,1922, by States..
No. 54. Abstract of reports of private banks on June 30,1922, by States
No. 55. Abstract of reports of all reporting banks other than national on June
30,1922, by States
No. 56. Abstract of reports of national banks on June 30, 1922, by States
No. 57. Aggregate resources and liabilities of State (commercial) banks, 1918 to
1922...;
No. 58. Aggregate resources and liabilities of loan and trust companies, 1918 to
1922
No. 59. Aggregate resources and liabilities of stock savings banks, 1918 to 1922..
No. 60. Aggregate resources and liabilities of mutual savings banks, 1918 to 1922.
No. 61. Aggregate resources and liabilities of private banks, 1918 to 1922
No. 62. Gold, silver, etc., held by banks other than national, 1914-1922, inclusive
No. 63. Chartered banks of Canada, condition on September 30, 1922
No. 64. Comparative statement, October, 1921, to September, 1922, relative to
capital, etc., of chartered banks of Canada
No. 65. Comparative statement of New York Clearing House transactions for
each year, 1854 to 1922
No. 66. Comparative statement of the clearings, etc., of New York Clearing
House for the years ended September 30, 1922 and 1921
No. 67. Exchanges, balances, percentage of balances to exchanges, and percentages of funds used in settlement of balances by New York Clearing House each year, 1893 to 1922, inclusive
No. 68. Comparative statement of exchanges of clearing houses of the United
States for years ended September 30, 1922 and 1921
No. 69. Number and liabilities of State (commercial), savings, private banks,
and loan and trust company failures, year ended June 30,1922
No. 70. Number, assets, and liabilities of State (commercial), savings banks,
loan and trust companies, private banks, and national banks which
failed, by years, from June 30,1914, to June 30,1922
884
885
886
890
898
906
910
914
918
926
934
934
935
935
936
936
937
937
938
939
939
940
943
944
REPORT
OP THE
COMPTROLLER OF THE CURRENCY.
TREASURY DEPARTMENT,
OFFICE OF THE COMPTROLLER OF THE CURRENCY,
Washington, December 4t 1922,
SIR: Pursuant to section.No. 333 of the Revised Statutes, I have
the honor to submit the Sixtieth Annual Report of the Comptroller
of the Currency, dealing with the operations of this bureau for the
year ended October 31, 1922.
I am glad to be able to report that, although the country has been
passing through the period of liquidation and deflation following
the war-time expansion, the national banking system has splendidly
justified the confidence of the country, and, m general, the banking
situation is good. There has been a decided improvement within the
year covered by this report. Speaking broadly, it can be said that the
developments of banking conditions within the year, and the present
status, quite generally reflect the agricultural conditions of the
country. The most difficult banking situations which we now have to
deal with are in those regions which have suffered agriculturally by
reason of drought, of inauspicious conditions in the live-stock industry,
by reason of inadequate transportation to move products, or other
circumstances which have worked to the injury of the farming community. The areas which have been thus unfortunate represent a
very small proportion of the entire country. The outlook for a
continuing improvement in the agricultural situation, based on
increased demands for the farmers' products, both at home and
abroad, and the consequent improvement in prices, finds immediate
reflection in a more cheerful banking outlook.
The Federal reserve system has continued a sound and sure reliance,
and its operations as the great stabilizing and mobilizing factor in
the financial structure of the Nation have further justified the
confidence we have learned to repose in it. This system has been,
and should continue to be, the backbone of the Nation's financial
structure. This is of such transcending importance that I can not
feel that my full duty in connection with the present report would be
performed should I omit a warning in regard to some influences
which are at work, inevitably tending to the disintegration, or at
least the progressive weakening, of the Federal reserve system.
Membership in this system involves, under the present development
of the law, some handicaps and restrictions upon the operation of
national banks which are plainly tending to restrict the growth and
Virility of the national banking system, and therefore of the Federal
2
REPORT OF THE COMPTROLLER OF THE CURRENCY.
reserve structure. It is desirable, indeed necessary, to bring into
the Federal reserve system the largest possible proportion of the
banking power of the country. National banks are required to be
members of the Federal reserve System, and they must inevitably
constitute the real foundation of that structure. Anything which
tends to make a national bank charter less attractive for a financial
institution, than a State charter, will of course tend to discourage
banks from taking or retaining national charters and thereby making
themselves contributors to that great cooperation which is represented
hy the Federal reserve organization.
At this point a situation is presented which must be looked squarely
in the face and dealt with in complete frankness. National banks
are compelled to compete with State institutions, and if the laws of
the States are more liberal than are the national banking laws they
will constitute an inducement to banks to operate under the laws of
the States rather than of the Nation. The very fact that the Federal
reserve system establishes a measure of financial assurance, a concentration of reserves, and an elasticity of the currency, which operate
to the advantage of all kinds of banks, whether State or national,
makes it easier for State banks to carry on under the more liberal
charters which many States issue. So long as all banks enjoy the
general advantages accruing from the workings of the Federal reserve
system, there is obvious temptation to the particular institution to
supplement these benefits by taking advantage of the wider liberality
of State charters. But it is apparent that if all banks should yield
to this temptation the maintenance of the Federal reserve system
would at length be impossible; and just in proportion as an increasing
number of banks prefer the State to the national charter, the aggregate power, security, and responsibility of the Federal reserve system
must be diminished.
In short, if the Federal reserve system is to be perpetuated and
maintained in the strength* and authority which are desirable, there
must be national banks in sufficient number and strength. And if
national banks are to be assured in such numbers, they must be
given charters liberal enough to constitute inducement to remain
in the system.
All this seems so plain that the statement of it may appear unnecessary. But we have reached the time in the competition between
the State banks and the National banks when it is obvious that in
many States there is a decided tendency away from the national
and toward the State forms of charter. This is so, of course, because
frequently the State laws offer inducements, privileges, and facilities
for doing business that are not made available to national banks.
In recent time the advantage of the more liberal conditions that can
be enjoyed outside the national banking system—in some cases, it
must be said, at the sacrifice of sound banking methods—has become
so widely recognized in certain States, that it is now necessary in the
most earnest terms to call attention to it, and to sound a warning
that if it shall continue, it will presently become a menace to the
strength, and may ultimately threaten the very existence, of the
Federal reserve system.
The Congress in framing the Federal reserve act frankly recognized
that in many cases State charters would be more attractive; and
therefore, as an inducement to State banks to become members of
EEPORT OF THE COMPTBOLIiEE OF THE CUBRENCY.
3
the Federal reserve system, wrote into the law (sec. 9) the following
provision:
Subject to the provisions of this act, and to the regulations of the board made pursuant hereto, any bank becoming a member of the Federal reserve system shall retain
its full charter and statutory rights as a State bank or trust company, and may continue to exercise all corporate powers granted it by the State in which it was created,
and shall be entitled to all privileges of member banks. * * *
The practical difficulty is that in actual experience it has been
found that the great majority of State banks do not accept the
invitation to become members of the Federal reserve system, bi*t
that, on the other hand, there is a tendency among the national
banks of some States to leave the national system and take State
charters. Only about 1,600 State institutions have thus far joined
the Federal reserve system, while more than 20,000 such institutions
have remained outside. Competition is vigorous and constant
among banks, and the institution with the most liberal charter has
distinct advantages.
I t should be the constant aim to preserve to the national banking
system the repute it has earned during its 60 years of existence, of
being the great repository of the country's banking security and
strength. On the other hand, so far as possible, consistent with an
unqualified loyalty to this purpose, we should seek to grant the
utmost liberality to the national banks, in order, while keeping the
system absolutely sound, to allow it to perform all the functions that
good banking practice permits. Only by such a policy of liberality
coupled with fullest security, will we be able to keep within the Federal reserve system that dominating share of the banking resources
which it must have if it shall continue as the citadel of the financial
establishment. It has never been so clear as it is in the world-wide
disturbances of to-day, that this ultimate reservoir of financial power
and reserves must be kept in the control of the National Government,
rather than that it be dissipated through the varying policies of
many States. We must seek to afford to our national banks every
tested and sound facility, while always clinging to the ideal of
complete security. But in a time, like the present, when extraordinary burdens are being imposed on the public finance of the
country, we must maintain a truly national unification in organization, aims, and policy.
This persistent competition between State and national types of
organization is no new thing. It existed long before the Federal
reserve system was created, and it was repeatedly recognized by the
Congress, which enacted many amendments to the original national
banking act, for the general purpose of liberalizing it and enabling
national banks to meet the competition of State institutions. To
cite a few of these liberalizing amendments, it may be said that the
national banking system was barely two years old when a law was
passed providing that State banks, being converted into national
banks, might retain and keep in operation the branches which they
had previously established. This amendment was necessary in order
to induce a large number of State banks, which had established
branches, to enter the national system. Yet, on tiie point of establishing branches for a national bank originally organized as such, the
law granted no affirmative authority to create branches or additional
offices, and for many years this was construed as in effect a prohibition against branches or additional offices.
4
KEPORT OF THE COMPTROLLER OF THE CURRENCY.
Again, Congress has amended the national bank law so as to permit
loans on real estate; this being necessary because the State banks
were permitted to loan on such security. Many other illustrations
might be cited, but it is not necessary.
The time has now come, in this process of developing relations
between national and State institutions, when it is necessary to giv6
attention to the matter of branch banks, or additional banking
offices or agencies. State banks are permitted in 22 States to establish branches, offices, or agencies. This authority is of the utmost
value to banks which enjoy it. In some States it, together with
other privileges accorded to state banks, is having a positively
alarming tendency to keep banking capital and organizations out
of the national and in the State systems. For instance, in Detroit
there are only 3 national banks, and only 1 additional office of a
national bank; but there are 14 State banks, with 189 branch offices.
In Cleveland there are only 3 national banks, with only 2 additional
offices of such banks; but there are 18 State banks with 75 branches
or agencies. In Buffalo there are only 4 national banks, and only 1
additional office of a national bank; but there are 12 State banks,
with 40 branches. In New Orleans there is to-day only 1 national
bank; but there are 9 State banks, with 36 branches. Similarly impressive figures could be quoted for many other important cities;
and the inescapable conclusion from them is that national banks can
not compete, under present-day conditions, unless they have privileges, as regards additional banking offices, substantially similar to
those enjoyed by State institutions.
To put the whole matter in a nutshell, we are in grave danger of
losing our larger national banks in States where more liberal charters
are granted to State banks unless we extend to national banks the
privileges and facilities in carrying on their business that are accorded
to State banks. If we lose the national banks, we disintegrate the
Federal reserve system, for experience has shown that only a small
roportion of State banks will enter the system. Moreover, the State
anks may withdraw from the Federal reserve system on six months'
notice, while the national banks must liquidate in order to withdraw
from the system.
In view of this situation, the present administration of the comptroller's office has declined to hold that a national bank may not open
additional offices in the city in which established. Nevertheless, it
is deemed highly important that the whole matter be removed from
the realm of possible uncertainty or controversy, and therefore it is
most earnestly recommended that Congress pass an amendment to
the national banking law granting to national banks, within the discretion of the Comptroller, the privileges enjoyed in each State by
its State banks. The bill H. R. 12415, now pending, represents the
general view of this bureau.
In this same connection, it is recommended, once more, that
national banks should be permitted to take out perpetual charters.
Under the act of July 1, 1922, 99-year charters have been issued to
all national banks.
The present administration of the comptroller's office urged legislation reducing the minimum number of bank calls per annum
from five to three; and this legislation has been enacted. On the
other hand, the examining force of the bureau has for the first year
E
REPORT OF THE COMPTROIJLER OF THE CURRENCY.
5
in its history made two examinations of every national bank. In
addition, it must be stated that many hundreds of special examinations have been made. The force of examiners, throughout
a year which was marked by many difficulties and an unusual burden
of exacting duties, has deserved the highest commendation for faithfulness, sound discretion, absolute reliability, and devotion to exacting duties. It is a pleasure to record this appreciation of so able and
efficient an organization, and to add that the best testimony to the
high quality and character of the examining force is found in the fact
that the bureau has constant difficulty in retaining the services of its
skilled examiners because their special qualifications constantly appeal
to the best banks, which are continually drafting them away from the
bureau at greatly advanced compensation.
LEGISLATION ENACTED AND RECOMMENDED RELATING TO
NATIONAL BANKS.
In connection with recommendations of the comptroller relating to
amendments of the national banking law, the present Congress has
passed three measures, the first, approved on March 1,1921, relating to
the qualification of directors of national banking associations, the
second, on July 1, 1922, amending section 5136, Revised Statutes,
to provide that national banking associations shall have succession
for the period of 99 years, reference to which is made in extenso elsewhere in this report, ancj, the third, on December 28, 1922, amending
section 5211, Revised Statutes, to provide for not less than three
reports each year instead of five.
I t is again recommended that favorable consideration be given to
further amendment of section 5136, to confer upon national banks
perpetual succession in lieu of the present limitation of 99 years as was
provided by the act passed by the House of Representatives and
unanimously recommended by the Senate Committee on Banking and
Currency at the second session of the present Congress.
To amend the act approved November 7, 1918, providing for the
consolidation of national banking associations, to permit consolidation
of State and national banks under the same terms and conditions
as provided for the consolidation of national banks.
To amend the third paragraph of section 5134 so that it will read as
follows: " Second. The place or places within the city, town, or village in
which the association is organized, where its operations of discount and
deposit are to be carried on, designating the State, Territory, or district, and the particular county and city, town or village/'
To amend section 5209, prescribing penalties for embezzlement, etc.,
to make its provisions applicable to national bank examiners, assistants and clerks, for embezzlement, etc., of funds intrusted to or funds
coming into their possession while making an examination of a bank.
To amend section 5145, relating to tne election of and management by directors of national banking associations, to require directors to make written report to shareholders at annual election meetings, the report to show the assets and liabilities in detail, profit and
loss, salaries paid officers and employees, together with a statement
of operating expenses for the year.
To amend section 5240 to confer authority upon the Comptroller
of the Currency to appoint additional examiners and assistants to
6
REPORT OF THE COMPTROLLER OF THE CURRElSrCY.
examiners to be assigned to the office of the Comptroller of the Currency to aid in the examination and correspondence connected with
the examination of national banks; the compensation of such employees to be defrayed from the fund provided for the compensation
of national bank examiners generally.
To amend section 5138 to require an increase in capital of national
banks commensurate with an increase in deposit liabilities.
To amend section 5222 so that the first sentence shall read " Within
30 days from the date of the vote to go into liquidation, the association shall deposit with the Treasurer of the United States lawful
money of the United States to redeem all its outstanding circulation.77
To amend section 5147 to require the oath of a director of a national bank to be taken before a notary public or other officer
authorized to administer oaths, and to be filed with the comptroller
within 30 days succeeding his election or appointment, and making
any director who becomes disqualified by hypothecation of stock
ineligible to reappointment during the remainder of the year.
To authorize the comptroller to institute proceedings through the
Department of Justice against directors for losses sustained by banks
through violations of the law.
The following additional amendments are recommended for the consideration of Congress:
Amend section 5169, relating to the issuance of authority to a
national banking association to begin the business of banking, to
provide that in case any national bank shall fail to begin business
ior a period of six months from date of issuance of the comptroller's
authority to begin business, the comptroller may send an examiner
to the bank who shall have authority to call a special meeting, upon
due notice, of the shareholders for tne purpose of adopting a resolution placing the bank in voluntary liquidation, and provide that if
the shareholders fail to take such action or open the bank for business
within 30 days after such notice, the comptroller may appoint a
receiver for the purpose of winding up its affairs; the expense of the
examination to be borne by the bank in question.
To amend section 5220 to provide that if any national bank shall
have disposed of all its assets or closed its doors and shall refuse or
neglect to formally place the association in voluntary liquidation
within 30 days thereafter, the comptroller shall have authority to
send an examiner to the bank with instructions to call a special
meeting of shareholders, upon due notice, for the purpose of adopting
a resolution placing the association in voluntary liquidation, and that
if the shareholders shall refuse to adopt such resolution the comptroller may appoint a receiver for the purpose of winding up its affairs.
It is further recommended that this section be amended to provide
that when any national banking association is placed in voluntary
liquidation it shall continue to hold annual meetings of shareholders
in the manner and on the date specified in the articles of association
and to elect directors and appoint officers in the same manner as if
it were in active operation. The law should also provide that the
directors shall have charge of the liquidation of the bank and that
the president or cashier shall act as executive officer in liquidating
the affairs of the bank under the direction of the board of directors.
It is also recommended that the law be amended to provide that
every associatioA placed in voluntary liquidation shall be required
REPORT OF THE COMPTROLLER OF THE CURRENCY.
7
to render reports of condition in the manner provided by section
5211, United States Revised Statutes, and that in addition thereto
the officers of such association shall file with the Comptroller of the
Currency a report covering the receipts and disbursements during
the preceding year, a copy of such report to be submitted to the
stockholders at their annual meeting in January of each year. Upon
the Comptroller of the Currency should be conferred authority to
make an examination of any national bank in voluntary liquidation,
the expense thereof to be paid by the liquidating bank. In the
event of sale of the assets of a liquidating association to another
bank, State or national, and the assumption of liabilities of the
liquidating association, a contract shall be entered into between
the directors of the associations interested, and a copy of such
contract, duly signed by the officers of the associations and acknowledged before a notary-public or other officer authorized to administer
oaths, filed with the Comptroller of the Currency.
When the affairs of any liquidating national banking association
are finally closed, uncollected assets shall be advertised for a period
of 15 days in a local paper and sold to the highest bidder. All unclaimed dividends belonging to shareholders and unclaimed deposits
shall be transmitted to the Comptroller of the Currency for deposit
with the Treasurer of the United States in trust and carried as a
special fund to be known as "liquidating account, national banking
associations" and the claimants entitled to such dividends or deposits
may subsequently receive the same upon furnishing to the Comptroller of the Currency satisfactory proof of the validity of their
claim thereto.
To amend section 5138 relating to the required capital stock of a
national banking association, to provide that with the approval
of the Comptroller of the Currency a national bank with capital of
not less than $50,000 may be organized in the suburbs of a city where
the demand for banking capital would not warrant the organization
of a bank with the capital required for the organization of a bank
in the business section of the city.
To provide by law for the punishment of the offense of uttering
false statements derogatory to the condition or standing of any
national bank or any other banking institution which is subject to
the supervision of the Comptroller of the Currency. On April 13,
1922, a bill, H. K. 11296, was introduced, referred to the Committee
on the Judiciary, and ordered to be printed. The provisions of this
bill meet with the approval of the department.
NATIONAL BANK CHARTERS.
The act of February 25, 1863, authorizing the establishment of
the national banking system, provided that every
association formed
pursuant to that act should "nave succession7' for the period named
in the articles of association, not, however, exceeding 20 years from
the passage of the act. This act was repealed and a revised banking
law enacted June 3, 1864, providing, among other things, that every
association " shall have succession for the period of 20 years from its
organization."
Under the act of 1863 charters were issued to some 456 associations,
of which 54 were organized for less than 20 years, and in consequence
8
REPORT OF THE COMPTROLLER OF THE CURRENCY.
expired by limitation prior to July, 1882. Such of these banks as
were in existence and desired to continue in business were compelled
to reorganize, as it was not until July 12, 1882, that the act was
passed authorizing extensions of charters of banks which had reached
the close of their corporate existence. This act provided for the extension of the " period of succession" for a term of not more than [20
years from, the expiration of the period named in the bank's articles
of association.
To effect extension it was necessary for each association, first, to
secure the written consent of shareholders owning two-thirds of the
stock, the board of directors to cause such consent to be certified to
the Comptroller of the Currency under seal of the association, by the
president or cashier; second, to have a special examination to determine
the condition of the bank, approval of the extension being contingent
upon the bank's condition at that time; third, to permit dissenting
shareholders to withdraw, and receive the value of their shares; fourth,
to require that circulating notes issued subsequent to extension 7should
"bear such device as shall make them readily distinguishable' from
circulating notes theretofore issued, and further require at the end
of three years from extension a deposit of lawful money to provide
for the redemption of all notes issued prior to extension and outstanding at the end of this three-year period.
In 1902 many national banks rounded out their second period of
succession, and on April 12 of that year an act was approved authorizing, for an additional period of 20 years, the extension of the charters
of all banks which had been extended under the act of 1882 in the
same manner provided in the act granting the first extension.
Whatever may have been the motive actuating Congress in requiring that circulating notes issued by the banks subsequent to the extension of their charters (under the acts of 1882 and 1902) should be
of designs distinguishing them from prior issues, experience developed
the fact that this requirement resulted in an unnecessary and enormous expense both to the banks and to the Government—to the banks
in the cost of new plates and to the Cjovernment in the cost of distinctive paper and in the printing of the notes. Between July 12,
1882, and June 30, 1922, the charters of 4,333 associations were extended under the act of 1882 and 1,512 were extended for the second
period of 20 years under the act of 1902. The expense to the banks
for the plates for the new designs of notes was approximately
$1,000,000 and to the Government for paper, printing, etc., about
$500,000.
At various times the Comptrollers of the Currency recommended
the repeal of the law providing for new designs for the notes issued
under these conditions, but no consideration was given to the question
until it was formally brought to the attention of the Committees on
Banking and Currency of the present Congress.
In his annual report to Congress in December, 1921, the Comptroller of the Currency submitted for consideration two bills. One
provided for the extension of the charters, for an additional period
of 20 years, of banks whose charters had been extended under both
the act of 1882 and the act of 1902, and in the manner provided by
the act of 1882, except that shareholders were to be accorded the
option of giving their written consent or their vote to extend at a
meeting called to consider the question. Provision was also made in,
REPORT OF THE COMPTROLIiER OF THE CURRENCY.
9
the bill for the repeal of the law requiring new plates for the printing
of notes after the extension of the charter.
The alternative bill and the one that was recommended by the
comptroller granted national banking associations perpetual succession. This Dili conferred upon the shareholders of any bank the
privilege of withdrawing within 30 days after the termination of 20
years of its existence, that is, 20 years from the date of the last extension of its charter.
"The House passed the bill granting banks perpetual succession, but
the Senate amended the bill by fixing 99 years as the period of succession. In conference the Senate amendment was agreed to, the
House accepted the report of the conferees, and the bill, as amended,
was approved by the President on July 1, 1922. The act repeals all
laws or parts of laws relating to extension for a period of 20 years,
and amends the second section of section 5136, United States Revised
Statutes, relating to the corporate powers of national banks, to read
as follows:
SEC. 2. That all acts or parts of acts providing for the extension of the period of
succession of national banking associations for twenty years are hereby repealed, and
the provisions of paragraph second of section 5136, Revised Statutes, as herein amended
shall apply to all national banking associations now organized and operating under
any law of the United States.
As is apparent, the law automatically extended for 99 years the
period of succession of all banks organized and operating on July 1,
1922, and granted to all banks organized after that date succession
for 99 years from date of organization. It will also be noted that the
act makes no provision for the withdrawal of shareholders as was
provided in the extension acts of 1882 and 1902.
As national banks haying the required capital and surplus located
in States the laws of which permit tne exercise of fiduciary powers by
State financial institutions may be permitted to exercise such powers,
and as trusts are often in perpetuity or for very long periods, it follows
that banks having perpetual succession can most satisfactorily accept
such trusts. This was the principal reason actuating the comptroller
in urging favorable consideration of the bill for perpetual succession.
In that connection the attention of Congress was called to the fact
that the laws of some 23 States provide for or permit perpetual succession of banks or other corporations authorized to exercise fiduciary
powers.
The comptroller has issued certificates, under the law which was
adopted, to such banks as were organized and in operation on the
date of the passage of the act, certifying to that fact and that their
corporate existence was extended for a period of 99 years, unless
the bank should be sooner dissolved by the act of its shareholders
owning two-thirds of its stock, or unless its franchise should become
forfeited by reason of violation of law, or unless it should be terminated by act of Congress hereafter enacted.
By reason of the action of the House of Representatives in passing
the bill providing for perpetual succession, and in view of the unanimously favorable report of the Senate Committee on Banking and
Currency, it would appear that a reconsideration of the measure at
a future session of Congress may be reasonably anticipated and the
banks accorded perpetual succession.
18587°—23
2
10
EBPORT OF THE COMPTROLLER OF THE CURRENCY.
In the report of the Senate Committee on Banking and Currency
upon the bill passed by the House of Representatives it was stated
in part that:
The Committee on Banking and Currency, to whom was referred the bill (S. 3255)
to amend section 5136, Revised Statutes of the United States, relating to corporate
powers of associations, so as to provide succession thereof until dissolved, and to apply
said section as so amended to all national banking associations, having considered
the same, report favorably thereon with the recommendation that the bill do pass
with amendments.
*
*
*
*
*
*
*
As the amendments proposed do not add or detract from the purposes of the bill,
their adoption is recommended, particularly in view of the fact that the House Committee on Banking and Currency has reported favorably on the bill H. R. 9527 with
these amendments, and if the changes suggested are made the two bills will be identical.
*
*
*
*
*
*
*
Within the next 18 months the charters of about 1,000 national banks will expire,
and in the absence of some legislation authorizing the extension of these charters it
will be necessary for these banks to close up their affairs and reorganize.
Under the act of 1863, national banks were to have succession for the period named
in the articles of incorporation but not to exceed 20 years. In the revision and reenactment of the banking law in 1864 the period of succession was fixed at 20 years
from the date of organization. Under the act of July 12, 1882, provision was made
for the extension of bank charters for an additional period of 20 years. Again this
20-year period was renewed April 12, 1902. There is now need for further legislation
to continue the corporate life of national banks.
Both the Comptroller of the Currency and the Federal Reserve Board have expressed themselves as favoring perpetual or indeterminate charters for national
banks. The Federal Reserve Board, in a letter written to the chairman of the committee on March 20, 1922, pointed out that most of the States grant charters to banking institutions for periods in excess of 20 years, many States, including New York,
granting charters which automatically continue forever unless revoked or forfeited
or unless the corporation is dissolved; and the fact that it is possible to obtain charters
from the States which are more favorable in this respect than the charters granted to
national banks not only is a deterrent to organization under the provisions of the
national bank act, but operates also as an inducement to existing national banks to
convert into State institutions.
An analysis of the State statutes relating to the duration of charters of State banking
institutions shows that duration of charters is unlimited in 21 States of the Union as
follows: Arkansas, Connecticut, Florida, Illinois, Kentucky, Maine, Massachusetts,
Minnesota, Nebraska, New Hampshire, New Jersey, New York, North Carolina,
Ohio, Oregon, Rhode Island, South Carolina, Tennessee, Vermont, Virginia, and
West Virginia. In Utah the duration of charters is limited to 100 years; Louisiana,
99 years: California, Idaho, Iowa (savings banks), Kansas, Mississippi, Missouri
(savings tanks), Montana, Nevada, New Mexico (trust companies), Oklahoma (trust
companies), Texas, Washington, Wisconsin (banks and trust companies), and Wyoming, 50 years. The limitation in Maryland is 40 years; in Georgia and Michigan, 30
years; North Dakota (except trust companies) and Oklahoma, 25 years; Alabama,
Colorado, Indiana, Iowa, Pennsylvania (commercial banks), and South Dakota, 20
years.
The Federal Reserve Board, in its letter to the committee, pointed out that the
proposed legislation is particularly desirable from the standpoint of national banks
exercising fiduciary powers granted to them under the provisions of section 11 (k) of
the Federal reserve act. The fact that a national bank has to apply for periodical
renewals of its charter seems to be a consideration which handicaps national banks in
their competition with State institutions for fiduciary business. The Federal reserve
act distinctly authorizes national banks, with the approval of the Federal Reserve
Board, to exercise fiduciary powers, and the provision of the Federal reserve act has
been upheld by a decision of the Supreme Court of the United States. There are
numerous instances where national banks have surrendered their charters and have
reorganized under State law. The committee is informed that many important
national banks throughout the country are now considering the surrender of their
charters, and as a concrete example mention may be made of the liquidation and
REPORT OF THE COMPTROiLLER OF THE CURRENCY.
11
reorganization of a large national bank in Cleveland recently, which reorganized
under State law because of its inability to take over the trust and fiduciary relations
which are so important and which are continuing and subsisting and might last 100
years.
Section 18 of the Federal reserve act contemplates the ultimate retirement of all
national bank notes in circulation, which at one time yielded a substantial profit to
the national banks issuing them. There is a question whether the national banking
system will be perpetuated unless national banks are able to compete on more equal
4erms with banks and trust companies doing business under State laws. The reasons
which existed in 1863 and 1864 for the limitation on the life of a national bank charter
do not appear to exist at the present time. The national banking system is no longer
an experiment. It has stood the test of nearly 60 years and has fully justified its
existence.
The acts of 1882 and 1902 require that circulating notes issued to and by a bank
subsequent to extension shall be of a design making them readily distinguishable
from notes issued prior thereto. The law also requires that within three years from
the date of extension a national bank shall deposit lawful money for the redemption
of old issues then outstanding.
There seems to be no good reason for this requirement at the present time. The
records show that compliance with the requirement has entailed unnecessary expense
both to the Government and to the banks—to the Government in that it has been necessary to destroy all incomplete national bank circulating notes of the old issues in the
vaults of the Treasury upon extension of charter. By reason of extensions of charter,
liquidations, etc., it has been necessary to destroy since January 1, 1913, incomplete
national bank currency of the face value of over $113,000,000, representing some
3,091,000 sheets of distinctive paper, costing for paper and printing alone $139,125.
The Comptroller of the Currency has reported that during the existence of the
national bank system destructions on these accounts have amounted to over
$371,000,000, representing over 9,000,000 sheets of distinctive paper, the cost of the
paper and printing paid by the Government amounting to nearly $413,000. The principal cost to the banks has been for the plates for the printing of currency on extension
of charters, although there has been an incidental loss due to the necessary delay in
engraving of plates and printing of currency and consequent deprivation of the use
of the currency.
Other expenses incident to the handling, storing, and recording of bank currency
to the amount hereinbefore indicated, it is estimated, have cost the Government
about $400,000, a large portion of which could have been saved but for the law requiring
the issuance of distinctive currency on extension of charter.
The proposed bill will make this expense unnecessary in future.
Your committee desires to call particular attention to the fact that this bill as
reported gives national banks succession until "it shall be dissolved by the act of its
shareholders owning two-thirds of its stock, unless its franchise shall become forfeited
by reason of violation of law, or unless it shall be terminated by the provision of act
of Congress hereinafter enacted/' In other words, the national banks will have succession (unless dissolved by voluntary action of. their own shareholders) during good
behavior. The charters can be forfeited for noncompliance with or violation of the
Federal reserve act (sec. 2, Federal reserve act) in a suit brought by the Comptroller
of the Currency under the direction of the Federal Reserve Board, while section 5239
of the Revised Statutes of the United States provides for such forfeiture for the violation of the provisions of the national bank act in a suit brought by the Comptroller of
the Currency in his own name. In view of these statutory provisions, it appears to
your committee that ample protection is afforded against possible abuses by national
banks of their franchises.
In addition to this, provision is made that an act of Congress hereinafter enacted
may terminate the charter of a national bank.
In view of the foregoing and other facts considered in connection with the subject,
it is the unanimous opinion of the committee that the early adoption of the bill Mere
reported is to the best interests of the public, the national banks, and the Government
of the United States.
12
REPORT OF THE COMPTROLI^ER OF THE CURRENCY.
NATIONAL BANK EXAMINERS.
The following is a list of the examiners in the service on October
31, 1922:
CHIEF EXAMINERS.
Federal reserve district—
No. 1.—Herbert W. Scott, Boston, Mass.
No. 2.—Daniel C. Borden, New York, N. Y.
No. 3.—Stephen L. Newnham, Philadelphia, Pa.
No. 4.—Thomas C. Thomas, Cleveland, Ohio.
No. 5.—William J. Schechter, Washington, D. C.
No. 6.—J. W. Pole, Atlanta, Ga.
No. 7.—Fred Brown, Chicago, 111.
No. 8.—John S. Wood, St. Louis, Mo.
No. 9.—Howard M. Sims, Minneapolis, Minn.
No. 10.—Luther K. Roberts, Kansas City, Mo.
No. 11.—Richard H. Collier, Dallas, Tex.
No. 12.—Harry L. Machen, San Francisco, Calif.
Assigned as chief, examining division, comptroller's office:
Henry B. Davenport, Washington, D. C.
Unassigned:
John A. Best, care of First National Bank, Judsonia, Ark
Gail W. Crossen, Washington, D. C.
Arthur D. Cutts, Washington, D. C.
Robert D. Garrett, Washington, D. C.
Robin M. Johnson, care of First National Bank, Hearne, Tex.
AdeliaM. Stewart, Washington, D. C.
C. L. Williams, care of Heard National Bank, Jacksonville, Fla.
Charles F. Wilson, Washington, D. C.
Assigned to the War Finance Corporation:
Reginald M. Hodgson, Washington, D. C.
Oscar K. La Roque, Marion, S. C.
Peter J. Lorang, Washington, D. C.
Clarence F. Smith, Washington, D. C.
Robert C. Williams, Washington, D. C.
FIELD EXAMINERS.
FIBST DISTRICT.
Norwin S. Bean, Manchester, N. H.
Harold W. Black, Boston, Mass.
Wm. B. Carolan, Boston, Mass.
George M. Coffin, New Haven, Conn.
Thomas A. Cooper, Augusta, Me.
Michael J. Hurley, Montpelier, Vt.
Edward F. Parker,Boston, Mass.
Frank J. Ryan, Boston, Mass.
SECOND DISTRICT.
Russell T. August, Newark, N. J.
Oliver W. Birckhead, New York, N. Y.
Ralph W. Byers, Hillside Twp., Union
County, N. J.
Frank H. Clement, Buffalo, N. Y.
Claud De Baun, New York, N. Y.
William H. Dillistin, New York, N. Y.
James B. Funsten, jr., New York, N. Y.
Richard W. Goodhart, New York, N. Y.
Charles S. Graham, New York, N. Y.
Thomas J. Harrington, New York, N. Y.
Walter B. Billiard-, Ithaca, N. Y.
Burdett Kelly, Kingston, N. Y.
Benton Klein, Albany, N. Y.
Edward J. Maguire, New York, N. Y.
Wm. W. Maloney, 3d, New York, N. Y.
Benjamin Marcuse, New York, N. Y.
Frank L. Norris, New York, N. Y.
Paul Partridge, New York, N. Y.
Ellis D. Robb, New York, N. Y.
Kenneth H. Rockey, New York, N. Y.
Edwin F. Rorebeck, Watertown, N. Y.
E. Willey Stearns, New York, N. Y.
Ernest H. Watson, New York, N. Y.
Cole J. Younger, New York, N. Y.
REPORT OF THE COMPTROlXiER OF THE CURRENCY.
13
THIRD DISTRICT.
Edward A. Allanson, Lancaster, Pa.
William B. Baker, Philadelphia, Pa.
John W. Barrett, Philadelphia, Pa.
Alfred Boysen, Wilkes-Barre, Pa.
Charles V. Brown, Philadelphia, Pa.
Charles H. Chapman, Philadelphia Pa.
Ralph H. Derr, Reading, Pa.
Robert W. Doty, Harrisburg, Pa.
Nathan S. Du Bois, Philadelphia, Pa.
Charles H. Hartman, Philadelphia, Pa.
Carl M. Sisk, Reading, Pa.
George F. Smith, Philadelphia, Pa.
Vernon G. Snyder, Sunbury, Pa.
Horace G. Whiteman, Altoona, Pa.
Robert W. Wylie, Williamsport, Pa.
FOURTH DISTRICT.
John B. Chenault, Maysville, Ky.
Sidney B. Congdon, Pittsburgh, Pa.
Leo M. Cutts, Pittsburgh, Pa.
Burton A. Faris, Cincinnati, Ohio.
Ernest M. Furbee, Pittsburgh, Pa.
William C. Griswold, Cleveland, Ohio.
Henry B. Hane, Cleveland, Ohio.
Edward C. Haneke, Lima, Ohio.
Herbert J. McKee, Cleveland, Ohio.
Joel S. McKee, Pittsburgh, Pa.
Robert Montgomery, Wheeling, W. Va.
Edwal F. Shively, Columbus, Ohio.
George H. Smith, West Newton, Pa.
FIFTH DISTRICT.
Roger E. Brooks, Washington, D. C.
Thomas D. Carson, Washington, D. C.
William B. Cloe, Huntington, W. Va.
John W. Dalton, Charlotte, N. C.
Thomas H. Davis, Richmond, Va.
William P. Folger, Washington, D. 0.
Thomas F. Kane, Washington, D. C.
John R. McMullan, Washington, D. C.
George M. Moore, Washington, D. C.
Paul C. Ramsdell, Washington, D. C.
John W. Snapp, Washington, D. C.
Charles A. Stewart, Washington, D. C.
Grattan H. Tucker, Washington, D. C.
Robertson D. Wood, Martinsburg, W. Va.
SIXTH DISTRICT.
Albert A. Basham, Atlanta, Ga.
John C. Borden, Knoxville, Tenn.
Clyde J. Evans, Montgomery, Ala.
Thomas E. Fletcher, Cordele, Ga.
Headley B. Gilbert, Knoxville, Tenn.
W. Morris Lammond, New Orleans, La.
W. Waller McBryde, Birmingham, Ala.
V. Huborn Northcutt, Jacksonville, Fla.
Kenneth W. Thompson, Nashville, Tenn.
John R. Vann, Atlanta, Ga.
SEVENTH DISTRICT.
Frederick J. Affeldt, jr., Lansing, Mich.
Garver J. Bly, Farmland, Ind.
Dan. H. Cooney, Milwaukee, Wis.
Claude O. Craig, Chicago, 111.
William A. Culver, Peoria, 111.
William P. Funsten, Evanston, 111.
Winfield C. Gilmore, Decatur, 111.
James B. Greenfield, Chicago, 111.
Nels E. Haugen, Des Moines, Iowa.
Robert C. Houston, Marion, Ind.
Carl E. H. Johnson, Chicago, 111.
Edward M. Joseph, Danville, 111.
John C. McGrath, Indianapolis, Ind.
William G. Minor, Cannelton, Ind.
Earl W. Moon, Rock Island, 111.
Bert K. Patterson, Chicago, 111.
Fulton F. Potter, Mason City, Iowa.
Robert E. Power, Chicago, 111.
E. Robert Robinson, Grand Rapids,
Mich.
John T. Sawyer, jr., Milwaukee, Wis.
Robert K. Stuart, Sheldon, Iowa.
Harry W. Walker, Chicago, 111.
Edward B. Wilson, Des Moines, Iowa.
Robert F. Wilson, Waterloo, Iowa.
EIGHTH DISTRICT.
Samuel W. Dye, St. Louis, Mo.
Joseph L. Kennedy, Memphis, Tenn.
Stuart H. Mann, St. Louis, Mo.
Samuel T. Millard, St. Louis, Mo.
William M. Morgan, Louisville, Ky.
Benj. M. McPike, Boonville, Ind.
Herbert Pearson, St. Louis, Mo.
John C. Peightel, Springfield, Mo.
Carl. A. Reinholdt, St. Louis, Mo.
William R. Young, Hot Springs, Ark.
14
OF THE'COMPTROLLER Ot THE
NINTH DISTRICT.
William H. Baldridge, Billings, Mont.
William F. Sheehan, Fargo, N. Dak.
Bernard E. Boldin, Minneapolis, Minn.
Mervale D. Smiley, Minneapolis, Minn.
Thos. R. Dwyer, Minneapolis, Minn.
Arthur B. Smith, Minneapolis, Minn.
Charles F. Fiman, Minneapolis, Minn.
John H. Smith, Minneapolis, Minn.
John P. Hughes, Fargo, N. Dak.
o Charles C. Storing, Sioux Falls, S. Dak.
Alfred P. Leyburn, Minneapolis, Minn.
F. D. Williams, Helena, Mont.
Leland L. Madland, Minneapolis, Minn. Laurence H. Williams, Aberdeen, S. Dak.
William A. Regan, Minneapolis, Minn.
Irwin D. Wright, Minneapolis, Minn.
TENTH DISTRICT.
Archie S. Allsup, Kansas City, Mo.
George E. Armstrong, Denver, Colo.
Henry C. Bergman, jr., Coffeyville, Kans.
Arthur R. Bradley, Kansas City, Mo.
Roland F. Brock, Hutehinson, Kans.
Edward L. Chapman, Kansas City, Mo.
Roy A. Cooper, Muskogee, Okla.
Warren W. Dunaway, Cheyenne, Wyo.
Charles H. Filson, Guthrie, Okla.
John O. Fredlund, Kansas City, Mo.
George W. Goodell, Denver, Colo.
Orville A. Griffey, Kansas City, Mo.
William N. Hackney, Norfolk, Nebr.
Harry N. Horner, Davis, Okla.
Leon G. Kennedy, Hobart, Okla.
Howard S. Lahman, Kansas City, Mo.
Arthur M. Mueller, Kansas City, Mo.
Dennis L. Noone, Salina, Kans.
Raymond F. Peterson, Kansas City, Mo.
William H. Reed, Kansas City, Mo.
Albert L. Ritt, Kansas City, Mo.
J. Oscar Roots, Kansas City, Mo.
Roy E. Smith, Hastings, Nebr.
Sam. F. Sullenberger, Kansas City, Mo.
ELEVENTH DISTRICT.
John C. Alvey, Dallas, Tex.
James S. Bartee, Dallas, Tex.
Henry F. Brewer, jr., El Paso, Tex.
Jacob Embry, Houston, Tex.
William C. Evans, Amarillo, Tex.
William B. Hamilton, Brownwood, Tex.
Gilbar C. Hedrick, Dallas, Tex.
James B. Herndon, jr., Dallas, Tex.
William E. Hutt, Sherman, Tex.
Marvin J. Knight, Dallas, Tex.
Ernest Lamb, Dallas, Tex.
Stanley A. Longmoor, Dallas, Tex.
Alexander B. McCans, Dallas, Tex.
Fred S. Mansfield, Dallas, Tex.
Jesse L. Penix, Waco, Tex.
Allison D. Thompson, San Antonio, Tex.
Leslie D. Thorn, Mineola, Tex.
Earle V. K. Willson, Amarillo, Tex.
William P. Wilson, Dallas, Tex.
John K. Woods, Dallas, Tex.
TWELFTH DISTRICT.
Christopher H. Anheier, San Francisco,
Calif.
Ira I. Chorpening, Los Angeles, Calif.
Gilbert S. Coffin, Spokane, Wash.
William C. Crawley, San Francisco, Calif.
Eugene H. Gough, Seattle, Wash.
William M. Gray, Ocean Park, Calif.
Thomas E. Harris, San Francisco, Calif.
Marshall Hooper, San Francisco, Calif.
Arthur L. James, Sacramento, Calif.
Gustave W. Jorres, Los Angeles, Calif.
R. Foster Lamm, Boise, Idaho.
Joseph M. Logan, Los Angeles, Calif.
Charles S. McLean, Portland, Oreg.
Leo. H. Martin, San Francisco, Calif.
Charles T. Maxey, Portland, Oreg.
Charles C. Otto, San Francisco, Calif.
John L. Proctor, Pocatello, Idaho.
Lewis M. Sawyer, jr., Los Angeles, Calif.
Norman D. Vaughan, Fresno, Calif.
Walter J. Waldron, San Francisco, Calif.
Max C. Wilde, Portland, Oreg.
Thomas M. Williams, San Francisco, Calif.
FOR THE TERRITORY OF HAWAII.
C. F. Sutton, Honolulu, T. H.
Assessments on national banks to pay salaries and expenses of national bank examiners
year ended October W, 1922.
Amount on hand Nov. 1, 1921
Receipts from Nov. 1,1921, to Oct. 31, 1922
Expenses Nov. 1,1921, to Oct. 31, 1922
Balance on hand Nov. 1, 1922
$56,009.02
2,159,509.99
$2,215,519.10
2,031,286.20
184,232. 81
REPORT OF THE COMPTROLLER OF THE CURRENCY.
15
BANK OFFICERS AND EMPLOYEES CONVICTED OF CRIMINAL
VIOLATIONS OF LAW DURING THE YEAR ENDED OCTOBER
31, 1922.
The following statement, prepared from data furnished by the
Department of Justice, shows the names of officers or employees of
national banks convicted during the year ended October 31, 1922,
of violations of the national banking laws, with the occupation of
employees affected, the title and location of the bank, the offense,
the sentence, and the date of sentence:
Criminal cases under the national banking laws resulting in conviction during the year ended Obt. 31, 1922.
Name of officer or employee.
William Hyde Taylor.
A. V. Cole
Otto Bothin.
Ira McConnick
Ray Williams
H. D.Johnston
Herbert M. Pierce.
Walter C. Martz
Isaac L. Price
Markley Coulston..
Robert L. Bean...
Otto L. Schriever
Richard Slaughter
Robert V. Whittaker
J. H. Grant
Wilton G. Rucker
C. M. Charters
T. S. LeMoyne
B. L. Barker
George A. Horal
E. L. Mayo
John Keishgens
T. C. Jenson
Loren Felts
James R. Wilson.
SamC. Sharp
Alfred H. Raymond
R. R. Conroy
Position.
Title and location of the bank.
Penns Grove National Bank, Penns Grove, N. J.
First National Bank of Douglas County, Castle
Rock, Cola
Fanners' National Bank of Pekin, 111
Hudson County National Bank, Jersey City, N. J.
Employee,
Stock Growers National Bank, Rawlms, Wyo...
.do..
First National Bank, El Dorado, Ark
Head bookkeeper.
Paying teller
Grand Rapids National City Bank, Grand
Rapids, Mich.
Lebanon National Bank, Lebanon, Pa
Teller
Peoples
National Bank, Salisbury, Md
Cashier
National
Security Bank, Philadelphia, Pa
Discount and collection clerk
Megunticook
National Bank, Camden, Me
Cashier
Teller
Assistant cashier.
Teller
Offense.
Misapplication.
Abstraction—
Embezzlement and abstraction.
False entries
Abstraction
False entries
Embezzlement
Sentence.
3 to 6 months.
5years
1 year and 1 day.
.....do
6 months
$100fineand costs..
5years
1 year and $100 fine.
..do..
Embezzlement and misap- 18 months
plication.
Embezzlement and abstrac- 2 months...
tion.
Embezzlement and misap- 18 months..
plication.
2 years.
First National Bank of Springfield, Springfield, Embezzlement
Bookkeeper
Abstraction
Huntington National Bank, Columbus, Ohio
Teller
5 years
Abstraction and misappliCity National Bank, San Antonio, Tex
Bookkeeper
1 year and 1 day
cation.
6 years and 1 day
Embezzlement
Fanners National Bank, Tupelo, Okla
Cashier,
6 months
do.
First National Bank, Schwertner, Tex
do...
4 years
do
Citizens National Bank, Peru, Ind
.do..
2 years
....do
Commercial National Bank, Shreveport, La
Collection teller
1 year and 1 day
First National Bank of El Paso, El Paso, Tex... Misapplication
Teller
:
First NationalBank, Fairfield, Idaho
/President
[False report to comptroller.. 3years
\Vice president and director. Stockmen's National Bank, Nampa, Idaho
5 years
Fort Worth NationalBank, Fort Worth, Tex... Embezzlement
Head paying teller
Manufacturers and Traders National Bank, Abstraction and false entries. 1 year and 6 months..
Employee
Buffalo. N.Y.
2 years and $500 fine..
First National Bank of Crawford, Crawford, Tex. Embezzlement
Vice president.
30 months
do
First National Bank, Harrisburg, 111
Cashier
Embezzlement and false en- 8 months
Corn Belt National Bank, Scotland, S. Dak
do
tries.
1 month and $100 fine and
Embezzlement
First National Bank, Campbell, Mo
..do..
costs.
$300
fine
First National Bank, New Canaan, Conn
Teller...
.do..
Embezzlement
and
false
8
years
Cashier..
First National Bank, Hammond, N. Y
entries.
O>
Date of
sentence.
1921
Nov. 1
Nov. 2
Nov. 14
Nov. 17
Nov. 23
Nov. —
Dec. 5
Dec. 6
Dec. 9
Dec. 21
Dec. 27
1922.
Jan. 17
Jan. 21
Do.
Jan. 25
Jan. 31
Feb. 2
Feb. 10
Feb. 11
Feb. 25
Mar. 6
Mar. 7
Mar. 13
Mar. 23
Apr. 8
%Apr. 10
Apr. 11
Apr. 12.
Mrs. Margaret B. Hunter...
Cashier
Harry C. Crowe
do
John H. Harkin
... .
do
F. R. Powers.
C. C. Robinson
Teller
Dudley Humphrey
R . B . Gifford
Cashier
Note teller
J . J . Knodel
Paying teller
Samuel Rosenberger
A. R. Suter
Bookkeeper
Assistant cashier
Wilson E. Cook
President
George W. Applegate
Ben S. Applegate
Clarence Wampner
James Knight
Naomi Cockrane . .
Reid P. Whistler
Edward F. Olmstead
. ...do
Employee
.
...do
do....
do
Cashier
do
C. E. Phillips
.. .do
Misapplication
Misapplication and false
entries.
Abstraction and misappliFanners National Bank, Rome, Pa
cation.
Misapplication and false
First National Bank, Globe, Ariz
entries.
Misapplication
First National Bank, Galeton, Pa
Chatham and Phoenix National Bank, New Abstraction and embezzlement.
York City, N. Y.
Embezzlement and false
First National Bank, Arlington, N. J
entries.
do
do
Abstraction and embezzlePeoples National Bank, Sistersvihe, W. Va
ment.
Misapplication and false
Corydon National Bank, Corydon, Ind
entries.
do
. ...do ...
.
do
do.
Indiana National Bank of Indianapolis, Indian- Embezzlement
apolis, Ind.
do
....do
. . do
. . . .do ..
.
do
do
Abstraction and embezzleFirst National Bank, Union Bridge, Md
ment.
Embezzlement
„
Peoples National Bank, Rowlesburg, W. Va
.do .
Boone National Bank, Boone, Iowa
First National Bank, Lepanto, Ark
V
2 months and $500 fine
4 months
6 months and $500 fine
$500 fine
do
Bookkeeper
First National Bank, Albright, W. Va
La Salle National Bank, La Salle, 111
False entries . . . . .
Abstraction
S. I». Reece
R.Belisle
President
Cashier
Bannock National Bank, Pocatello, Idaho
First National Bank, Morris, Okla
Mark J. O'Connell
Collection teller
First National Bank, San Francisco, Calif
*
False entries
Embezzlement and
entries.
Abstraction and embezzlement.
Do.
Apr. 27
May 3
Do.
Do.
May 15
May 16
hi
o
1 day in custody of United May 22
States marshal.
May 23
do
June 20
2 years and 6 months
3 years
June 21
do
do
18 months
Do.
Do.
June 23
do
1 year and 1 day
6 months
4£ years concurrently on
each of 6 counts.
6 months and $1,000 fine;
to remain in jail until fine
and costs are paid.
. . . do
1 day in custody of United
States marshal.
3 years and $5,000 fine
false 2 years
Q H Wilson
Edward Zacher
Fined
$7,500 fine
$1,000 fine
$1,000
Do.
Do.
Do.
June 30
July
H3
Q
O
K
8
Da
July 11
July 21
July 28
Sept. 19
w
Q
d
a
K4
18
REPORT OF THE COMPTROLLER OF THE CURRENCY.
CONDITION OF NATIONAL BANKS AT DATE OF EACH CAIt
DURING REPORT YEAR.
During the year ended October 31, 1922, national banks were called
upon to submit as of various dates, in accordance with the provisions
of section 5211, United States Revised Statutes, five reports of condition. These reports show in detail the resources and liabilities of
reporting banks and such other information in the form of schedules
as is necessary for the information of the comptroller and, with examiners' reports of semiannual examinations, prescribed by section
5240, United States Revised Statutes, are examined to determine the
true condition of each association.
The consolidated returns of reporting national banks at dates of the
several calls during the year are shown in the following table:
Abstract of reports of condition of national banks in the United States on December Slf
1921, March 10, May 5, June SO, and September 15, 1922,
[In thousands of dollars.]
Mar. 10,
May 5.
Dec. 31,
1921—8,169 1922—8,197 1922—8,23
banks.
banks.
banks.
June 30,
Sept. 15,
1922—8,249 1922—8,240
banks.
banks.
BESOURCES.
Loans and discounts 13
10,981,783 ^11,282,579 Ul,184,116 211,248,214
11,295
O verdr afts
9,198
10,227
9,949
169,887
Customers' liability account of acceptances.
168,935
176,238
200,663
United States Government securities
owned
1,975,898 2,031,564 2,124,691 2,285,459
2,081,442 2,086,596 2,162,587 2,277,866
Other bonds, stocks, securities, etc
452,434
444,368
440,296
Banking house, furniture and fixtures
429,929
64,383
62,531
57,598
Other real estate owned
._
54,368
Lawful reserve with Federal reserve banks. 1,143,259 1,124,707 1,150,885 1,151,605
Items with Federal reserve banks in pro330,917
355,666
312,900
349,911
cess of collection
326,181
334,504
336,065
341,811
Cash in vault
974,975
987,816
863,508
974,375
Amount due from national banks
Amount due from other banks, bankers,
244,707
228,802
248,578
267,050
and trust companies
681,269
481,368
437,750
767,096
Exchanges for clearing house
38,207
63,394
45,215
69,236
Checks on other banks in the same place...
64,928
44,053
41,205
62,209
Outside checks and other cash items
Redemption fund and due from U. S.
36,507
36,767
36,697
Treasurer
152,921
176,445
163,234
184,556
Other assets
11,236,025
12,141
171,190
2,402,492
2,289,782
459,020
67,789
1,232,104
418,923
331,951
1,063,695
299,541
614,771
54,623
63,112
36,656
172,284
19,420,136 219,850,402 2 20,176,648 2 20,706,010 2 20,926,099
Total.
LIABILITIES.
1,282,432
Capital stock paid in
1,033,406
Surplus fund
Undivided profits, less expenses and taxes
464,782
paid
717,473
National bank notes outstanding
18,882
Due to Federal reserve banks
779,783
Amount due to national banks
Amount due to other banks, bankers, and
1,467,221
trust companies
56,061
Certified checks outstanding
208,795
Cashier's checks outstanding
8,606,943
Demand dei osits
Time deposits (including postal savings)... 3,749,328
188,089
United States deposits
Total deposits*
United States Government securities bor- 15,075,102
rowed
66,923
Bonds and securities (other than United
States) borrowed
5,740
* Includes customers' liability under letters of credit.
* Beginning Mar. 10,1922, rediscounts are included in
liabilities.
1,289,528
1,036,184
1,296,220
1,040,249
1,307,216
1,048,806
1,307,122
1,042,197
508,560
719,570
17,641
962,140
522,658
720,984
21,213
492,434
725,748
19,852
916,740
539,047
726,789
26,472
1,031,648
1,560,920
174,469
175,632
8,446,530
3,837,759
215,347
1,657,409
190,877
193,763
8,707,201
3,918,282
141,844
1,565,459
205,682
245,091
9,152,415
4,111,951
103,374
1,582,444
164,427
208,991
9,270,378
4,169,220
145,182
15,890,438 15,766,988 16,820,56$
16', 598,769
53,722
48,225
42,475
38,104
6,103
3,058
2,897
2,990
loans and discounts and totals of resources and
19
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports of condition of national banks in the United States on December SI,
1921, March 10, May 5, June 30, and September 15, 1922—Continued.
Mar. 10,
Bee. 31,
May 5,
June 30,
Sept. 15,
1921—8,169 1922—8,197 1922—8,230 1922—8,249 1922—8,240
banks.
banks.
banks.
banks.
banks.
LIABILITIES—continued.
Bills payable (including all obligations representing borrowed money other than
rediscounts)
_ ..... ...
Notes and bills rediscounted (including acceptances of other banks and foreign bills
of exchange or drafts sold with indorsement)
Letters of credit and travelers' checks outstanding...
Acceptances executed for customers and
to furnish dollar exchange less those purchased or discounted
Acceptances executed by other banks
Liabilities other than those stated above..
Total 2
496,323
275,089
248,681
228,481
181,765
323,737
285,940
280,271
247,559
3,951
4,719
5,050
8,256
6,639
202,378
16,558
55,068
171,332
13,869
57,551
170,132
14,748
55,715
172,887
16,494
59,481
165,715
17,654
51,756
19,420,136 2 19,850,402 3 20,176,648 2 20,706,010 '20,926,099
Liabilities for rediscounts, including
those
with Federal reserve banks 2
523,606
m
<»)
CO
(*)
a Beginning Mar. 10,1922, rediscounts are included in loans and discounts and total of resources and
liabilities.
CONDITION OF NATIONAL BANKS SEPTEMBER 15, 1922.
Analyses in detail with respect to the combined resources and
liabilities of reporting national banks in the United States and
Territories as of September 15, 1922, follow:
RESOURCES.
LOANS AND DISCOUNTS.
The loans and discounts, including rediscounts, of national banks
were reduced during the intervals between the dates of each call
subsequent to September 6, 1921, and on September 15, 1922,
amounted to $11,236,025,000. The reduction since September 6,
1921, was $446,667,000, and the reduction since date of preceding
call, June 30, 1922, was $12,189,000.
The percentage of loans and discounts to aggregate deposits,
September 15, 1922, was 67.69, compared with 80.23 per cent September 6, 1921.
OVERDRAFTS.
The amount of overdrafts reported September 15, 1922, was
$12,141,000, or $2,943,000 more than reported June 30, 1922, but a
reduction since September 6, 1921, of $214,000.
CUSTOMERS' LIABILITY ON ACCOUNT OF ACCEPTANCES.
The acceptance liability of customers of national banks on September 15, 1922, was $171,190,000, showing a decrease since June 30,
1922, of $5,048,000, and a reduction since September 6, 1921, of
$31,164,000.
20
EEPORT OF THE COMPTROLLER OF THE CITRREKCY.
UNITED STATES GOVERNMENT SECURITIES.
National-bank holdings of United States Government securities
September 15, 1922, amounted to $2,402,492,000, which was the
greatest amount reported at date of any call during the year, the
increase since June 30, 1922, was $117,033,000 and the increase
during the year amounted to $540,515,000. Approximately
$736,000,000 of these securities were United States bonds deposited
with Treasurer of the United States to secure national-bank circulation.
OTHER BONDS, STOCKS, SECURITIES, ETC.
The investments of national banks September 15, 1922, in miscellaneous bonds, stocks, securities, etc., amounting to $2,289,782,000,
likewise was the largest amount reported during the year, the increase since June 30, 1922, being $11,916,000, while the increase for
the year was $316,033,000.
BANK PREMISES AND OTHER REAL ESTATE OWNED.
The book value of banking houses, furniture, and fixtures owned
by national banks September 15, 1922, was $459,020,000, an increase
over June 30, 1922, of $6,586,000 and an increase since September 6,
1921, of $37,993,000.
The amount of other real estate owned by these banks September 15,
1922, was $67,789,000, an increase since June 30, 1922, of $3,406,000
and an increase during the year of $14,850,000. The increase in the
volume of other real estate owned is apparently due to the fact that
during the process of liquidation of loans and discounts, it has been
necessary for these banks to acquire title to real estate as additional
protection to secure debts previously contracted, in accordance with
the provision of section 5137, United States Revised Statutes, as
under no other conditions is a national bank permitted to own real
estate other than that necessary for occupation incident to the transaction of its business. The increase in the items, banking houses,
furniture, and fixtures, is due principally to the increase in the number
of reporting banks during the year.
LAWFUL RESERVE.
In accordance with the provision of section 19 of the Federal
reserve act, national banks in central reserve cities, reserve cities,
and country banks (banks situated elsewhere than in cities designated as central reserve or reserve cities) are required to maintain
balances with Federal reserve banks in the several reserve districts
equivalent to 13, 10, and 7 per cent, respectively, of demand deposits
and 3 per cent, regardless of situation of the bank, of time deposits.
The lawful reserve of national banks with Federal reserve oanks
September 15,1922, was $1,232,104,000, some $80,499,000 in excess
of the amount reported June 30, 1922, and $202,126,000 in excess of
amount reported September 6, 1921. Reference to the returns at
date of each call during the year with respect to the amount of reserve
required and the amount held with Federal reserve banks, published
in the appendix of this report, shows excess reserve held at date of
BEPORT OF THE COMPTROLLER OF THE CURRENCY.
21
each report, the amount of excess September 15, 1922, being
$96,081,000. The increase in reserve is due to substantial increases
in demand and time deposits during the past year.
CASH IN VAULT.
The tendency of national banks to carry less actual cash in vaults
is noted by reference to the returns at date of each call subsequent to
September 6, 1921, which show substantial reductions up to June 30,
1922, when the amount was reported at $326,181,000, compared with
$331,951,000 September 15, 1922, the increase between the latter two
dates being $5,770,000. The decrease in cash on hand between
September 6, 1921, and September 15, 1922, was $25,847,000.
DUE FROM BANKS AND BANKERS.
Debit balances with correspondent banks reported by national
banks, including balances due from Federal reserve banks incident to
items sent for collection, to the amount of $418,923,000, aggregated
$1,782,159,000, an increase over the amount reported June 30, 1922,
of $184,468,000 and an increase over the amount reported September
6, 1921, of $437,027,000. Of these balances the greater portion, or
$1,063,695,000, was due from national banks.
EXCHANGES FOR CLEARING HOUSE.
The amount of exchanges for clearing house was $614,771,000, a
reduction since June 30, 1922, of $152,325,000, but an increase since
September 6, 1921, of $146,926,000.
ALL OTHER ASSETS.
Other miscellaneous assets, consisting of checks and cash items and
redemption fund, etc., amounted to $326,675,000, a reduction of
$22,970,000 since June 30, 1922, and an increase over September 6,
1921, of $15,341,000.
LIABILITIES.
CAPITAL STOCK, SURPLUS, AND UNDIVIDED PROFITS.
Incident to the issuance of new charters and increases in the
capital of existing banks, the paid-in capital stock of national banks
was increased between September 6, 1921, and September 15, 1922,
from $1,276,177,000 to $1,307,122,000.
The surplus of these banks was likewise increased in the period
indicated from $1,027,373,000 to $1,042,197,000, while undivided
profits (less deductions incident to expenses and taxes paid), were
increased from $538,784,000 to $539,047,000.
NATIONAL BANK NOTES OUTSTANDING.
The volume of national bank notes in circulation was far in excess
of any amount previously reported, with exception of the period
during the latter part of 1914 and the early part of 1915, when
emergency currency was issued in accordance with the provisions of
the act of May 30, 1908, and amounted to $726,789,000, which was
22
REPORT OF THE COMPTROLLER OF THE CURRENCY.
$1,041,000 greater than the amount outstanding June 30, 1922, and
$22,121,000 in excess of the amount reported September 6, 1921.
ALL DEPOSITS.
The deposit liability of national banks September 15, 1922, was
$16,598,762,000, and was greater than at the date of any previous
call during the year, the increase over June 30,1922, being $278,198,000,
while the increase over September 6, 1921, was $2,037,910,000. Of
the total deposits September 15, 1922, $3,013,982,000 was due to
other banks and bankers and Federal reserve banks, while demand
deposits, including United States deposits of $145,182,000, amounted
to $9,415,560,000, and time deposits, including postal savings deposits, were $4,169,220,000. Noticeable increases are reflected in
the returns during the vear with respect to demand and time deposits, the latter item showing an increase at the date of each call
subsequent to September 6, 1921, while demand deposits, with
exception of the period between December 31, 1921, and March 10,
1922, when a reduction of $133,155,000 was registered, were substantially increased.
BONDS AND BORROWED MONEY.
The liability of national banks for Government securities borrowed
was $38,104,000, a reduction of $4,371,000 since June 30, 1922, and
a reduction since September 6, 1921, of $46,743,000. Other bonds
and securities were borrowed to the extent of $2,990,000, an increase
over June 30, 1922, of $93,000, but a reduction since September 6,
1921, oi $240,000.
Decided reductions on account of bills payable and notes and bills
rediscounted are shown by the returns at date of each call subsequent
to September 6, 1921. The reduction on account of bills payable
during the year was $369,930,000, the amount reported September
15, 1922, being $181,765,000, or $46,716,000 less than on June 30,
1922, while notes and bills rediscounted were reduced during the
y;ear to the extent of $457,519,000, or to $247,559,000. The reduction in notes and bills rediscounted between June 30 and September
15, 1922, was $32,712,000. Of the total bills payable September
15, 1922, $103,747,000, represented liabilities to Federal reserve
banks, and on the same date $182,061,000 of the total notes and bills
rediscounted were with these banks.
BANK ACCEPTANCES AND OTHER LIABILITIES.
The aggregate of acceptances executed for customers and by other
banks for account of reporting banks was $183,369,000, a reduction
during the year of $34,811,000, while all other liabilities, amounting to $58,395,000, show an increase over September 6, 1921, of
$10,099,000.
AGGREGATE RESOURCES AND LIABILITIES.
An analysis of
with aggregate
$20,926,099,000,
and an increase
the returns from the 8,240 reporting national banks,
resources and liabilities September 15, 1922, of
an increase of $1,206,919,000 during the past year,
of $220,089,000 since the midsummer call of June
REPORT OF THE COMPTROLLER OF THE CURRENCY.
23
30 of the present year, warrants the conclusion that our national
banks with resources representative of 41.50 per cent of the aggregate resources of all banks in the United States as late as June 30,
1922, constitute the keystone of American banking institutions.
The principal items of resources and liabilities of these banks
September 15, 1922, the date of the last call during this report year,
are shown in the following statement by States and geographical
divisions:
Principal
items of resources and liabilities of national banks September 15, 1922.
[In thousands of dollars.]
NumUnited
Loans,
ber of including
States
banks. overdrafts. securities.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
60
56
49
158
17
64
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 . . I . . . I I I ! "
Louisiana
Texas
I!!
Arkansas
Kentucky
Tennessee
,
I... I
,
Due from
Cash in banksand
vault. other cash
items.
13,849
11,349
6,888
99,972
8,978
32,369
33,965
10,170
13,488
120,045
12,292
29,405
1,937
1,557
971
13,492
1,622
5,410
11,765
9,397
4,943
149,620
8,126
31,785
Capital.
Surplus.
Profits.
Circulation
outstanding.
7,245
5,365
5,410
63,693
5,570
21,607
4,686
4,291
2,462
58,198
4,795
15,009
2,539
2,127
31,100
4,967
10,761
5,590
5,073
4,401
20,292
4,713
12,980
59,441
55,385
53,049
1,211,973
6,488 I 18,957
1,578,571
255,507 141,928
28,063 15,925
179,535 72,561
1,942
775
16,070
6,967
5,898
2,341
76,039
16,179
95,374
1,091
9,435
5,704
4,063,894
523,447
1,918,262
14,142
204,044
97,435
15,393
5,583
38,995
273
4,193
1,389
43,492
2,473
7,677
203
1,017
4,946,492
623,002
2,466,734
20, 111
261,256
121,593
487,015 240,497 203,822
Total
deposits.
94,813
47,404
39,671
810,278
47,917
171,890
Bills
payable.
326
801
862
3,008
80
1,411
Rediscounts.
206
711
16,342
171
658
Total
117,488
65,740
56,079
1,035,307
68,807
235,150
404
859,793
173,405
219,365
24,989
215,636
108,890
504
228
867
18
86
15
2,400,546
281,982
1,170,202
9,329
139,124
62,351
646,875
71,729
306,283
2,460
25,896
17,160
518,618
168,965
497,458
5,313
42,232
13,043
55,871 1,063,897
67,613
12,438
360,650
1,890
413
42,549
17,764
2,990
228,474
29,762
1,718
4,063,534
1,070,403
1,245,629
114,318 1,554,363
422,490
6,821,224
65,826
55,560
8,439,188
177
121
87
237,774
114,875
113,846
76,831
111,474
64,163
83,288
34,473
71,976
461,997
136,132
121,244
37,853
21,508
15,499
15,268
19,756
20,603
16,476
5,490
10,369
88,349
9,018
35,200
19,482
20,501
14,768
4,461
5,173
3,293
12,974
9,010
5,463
4,496
18,033
2,870
19,751
9,256
5,567
3,101
3,337
1,655
3,294
2,719
3,398
959
1,812
16,144
1,661
3,917
3,049
46,343
21,952
26,224
15,568
29,203
20,347
23,321
8,479
19,190
186,472
14,018
32,094
34,602
28,168
12,261
13,340
12,305
15,230
7,695
12,890
4,535
8,700
69,300
7,573
18,191
15,659
22,192
" 9,484
8,414
6,341
12,006
4,533
7,933
2,699
5,249
38,186
3,343
12,369
9,016
8,675
4 747
4,034
2,708
4,974
2,908
4,056
1,057
1,995
18,688
1,716
5,688
3,804
21,275
10,388
8,384
8,451
11,163
5,781
10,387
2,906
4,328
45,033
4,251
15,925
12,976
263,192
140,567
125,793
82,113
121,518
103,227
99,721
41,867
89,374
603,813
55,746
172,711
148,128
5,362
3,131
3,310
1,998
1,920
454
619
1,356
433
10,539
1,630
3,775
1,557
8,394
1,741
6,779
5,241
6,154
1,024
4,196
1,884
5,566
19,386
3,183
1,533
3,175
360,105
183,039
170,685
120,696
173,381
126,076
140,243
56,635
116,403
808,547
77,516
232,596
195,218
1,682
1,675,376
314,871
130,049
50,613
477,813
225,847
141,765
65,050
161,248
2,047,770
36,084
68,256
2,761,140
372
251
501
119
468,024
207,109
868,939
216,726
111,465
54,248
140,438
48,175
129,723
43^407
116,785
60,568
17,386
11,645
26,653
6,961
132,444
53,257
290,360
81,509
63,425
30, 712
90,680
23,625
46,054
15,604
68,710
14,911
26,464
8,782
37,622
9,956
47,388
27,758
30,937
12,813
6,541
5,047
6,815
2,009
6,994
2,606
9,064
1,796
884,322
384,596
1,505,871
430,516
61
107
32
34
559
85
136
101
Total, Southern States
Ohio
Indiana
Illinois
Michigan
53,535
31,326
28,417
584,560
36,314
125,641
Other
bonds,
stocks,
etc.
1,660
17,929
7,677
675,731
290,590
1,225,670
363,894 I
Wisconsin.....
Minnesota
Iowa
Missouri
<5
°°
.
. ..
342
351
134
214,732
356,894
243,406
325,844
31,135
66,834
35,636
53,911
33,2*1
39,798
16,194
34,894
6,250
7,883
6,326
5,615
52/748
101,558
47,980
128,412
24,885
37,436
26,100
42,775
12,851
23,048
15,265
18,618
9,851
14,681
6,538
13,083
15,098
15,506
20,228
18,345
2,225
2,901,674
531,842
471,620
88,719
888,268
339,638
215,061
126,977
188,073
183
133
182
267
131
47
144
45
449
67,789
66,021
152,520
133,801
60,553
38,296
125,247
29,210
209,629
6,903
6,681
19,484
22,348
6,729
3,657
27,654
3,326
28,756
5,448
3,688
8,482
11,930
6,877
2,744
26,537
1,266
23,480
1.616
1,316
3,550
4,467
1,877
1,267
5 627
659
6,695
10,799
12,850
54,188
45,957
14,372
8 836
54,539
5,201
94,596
7,245
6,215
17,245
17,923
7,990
3,195
12,375
3,210
29,010
3,499
3,028
10,048
9,752
3,899
2,703
9,528
1,757
9,379
883
801
5,324
4,051
1,514
781
3,799
356
3,386
4,589
4,222
9,519
11,181
4,097
2,391
6,872
2,291
11,834
1,581
883,066
125,538
90,452
27,074
301,338
104,408
53,593
20,895
11197
281
79
24
11
22
136,240
90,917
539,784
40,858
28,115
9,082
17,665
33,683
24,099
107,476
6,092
6,153
2,236
3,466
28,299
16,272
78 679
3,686
2 222
1,039
1,294
4,925
3,173
14,770
1,023
583
388
906
52,997
32,118
196,426
9,438
9,372
2,514
4,388
16,380
12,364
63,455
5,340
4,200
1,460
1,900
7,077
5,814
36,020
2,185
2,114
598
984
625
862,661
183,205
131,491
25,768
307,253
105,099
650
1,412
826
2,402
89
1,087
141
329
631
1,467
150
600
Total Middle Western
States
o
1 North Dakota
tb South Dakota
<T° Nebraska
Kansas
. . .
Montana - .
co Wvominsr
-Colorado. .
New Mexico
. .Oklahoma
Total Western States..
Washington
Oregon
California
Idaho
Utah
Nevada . . .
Arizona
Total Pacific States....
Alaska (nonmember banks)..
Hawaii (nonmember banks)..
Total (nonmember
banks)
Total United States....
1
283,344 ,
478,893
274,101
461,762
1,508
5,216
4,431
1,249
3,387
5,182
14,586
2,196
352,296
583,921
362,747
562,469
4,053,985
32,816
45,811
5,066,737
71,703
73,363
200,008
179,773
67,645
45,063
208,487
30,168
310,133
5,755
2,759
1,455
1,452
4,053
398
1,631
571
2,783
4,087
4 &1
3,229
3,081
5,843
1,987
2,856
3,013
9,218
97,877
95,272
247,331
228,633
95,094
56,693
245,765
41,536
377,105
56,996
1,186,343
20,857
38,165
1,485,306
3,615
2,327
21,876
731
891
243
414
7,396
6,037
40,396
3,369
3,463
1,221
1,218
226,354
142,413
785,828
44,746
36,351
12,199
22,290
2,218
2,473
6,641
6,682
700
195
785
2,016
1,538
12,504
1,698
1,614
1,440
266,588
173,855
985 809
64,874
49,699
15,927
29,165
54,792
30,097
63,100
1,270,181
19,694
20,810
1,585,917
80
450
63
83
59
442
2,071
5,215
5
2,062
3,228
1,176
470
2,098
750
530
146
501
7,286
8,240
11,248,166
2,402,492
2,289,782
331,951
3,746,769
1,307,122
1,042,197
539,047
726,789
16,598,762
2,423
6,817
a
H
Q
O
o
9,240
181,765
247,559
20,926,099
o
o
to
26
REPORT OF THE COMPTROLLER OF THE CURRENCY.
NONBORROWING NATIONAL BANKS, SEPTEMBER 15, 1922.
In connection with the preceding statement, showing principal
items of resources and liabilities of national banks in each State and
geographical division, September 15, 1922, ihp following statement
with respect to the principal items of resources and liabilities of nonborrowing national banks on the same date, shows that of the 8,240
banks reporting, 56.72 per cent had no outstanding obligations for
borrowed money. The loans and discounts of these banks, amounting
to $5,379,886,000, equaled 47.83 per cent of the total loans and discounts of all national banks. Investments in United States Government and other bonds and securities were 56.79 per cent of the total
investments of national banks and amounted to $2,664,609,000.
Cash in vaults of nonborrowing banks was 59.63 per cent of total cash
in vault. Balances due reporting banks from other banks and
bankers, including miscellaneous cash items amounting to $1,907,669,000 represented 50.92 per cent of the total of all reporting banks,
and their aggregate resources were 50.13 per cent of total resources
of all reporting banks, and amounted to $10,489,400,000.
The capital, surplus, and profits of nonborrowing national banks
were 50.14 per cent of the aggregate for all reporting banks, and
amounted to $1,448,163,000, while the liability for $420,079,000 circulating notes outstanding was 57.80 per cent of the total amount
outstanding and the total deposits of nonborrowing banks amounted
to $8,569,884,000, or 51.63 per cent of total deposits of all national
banks.
The fact that more than one-half of the national banks reporting
were not borrowing from any source, is additional evidence of the
stability of the national banking system.
On April 28, 1921, the latest prior date for which similar information with reference to borrowing and nonborrowing national banks is
available for comparative purposes, the percentage of nonborrowing
banks to the number of all reporting banks was 39.78. The percentage of loans and discounts of nonborrowing banks to the loans
and discounts of all national banks was 26.48. The percentage of
cash in vault of nonborrowing banks to the total cash in vault of all
national banks was 37 and the percentage of total deposits of nonborrowing banks to total deposits of all national banks was 30.50.
27
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Statement showing the number and the principal items of resources and liabilities of
national banks in each State (including city banks) that were not borrowing money1
either by bills payable or rediscounts September 15, 1922.
[In thousands of dollars,]
United
Government
Loans, securiNum- discounts,
Cash
ber of and over- ties, and in
banks- drafts.
other vault.
bonds,
stocks,
securities, etc.
Maine
New Hampshire
Vermont
Massachusetrs
Rhode Island
Connecticut
Total New England States
Total
Eastern
States
44
37
31
102
13
47
35,577
20,832
13,922
150,124
30,348
94,319
1,482
1,208
615
5,861
1,400
4,085
9,179
7,291
3,116
31,367
7,121
25,361
84,323
45,342
30,314
278,918
57,853
180,582
4,405
3,378
2,576
11,168
3,570
9,709
67,899
33,714
22,232
224,489
41,606
134,903
274
345,122 214,032 14,651
83,435
677,332 115,821 34,806
524,843
375
159
523
11
47
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia—
Due
from
CircuCapital, lation
banks Aggregate surplus,
and resources.
out- Dep
and
other
profits. standcash
ing.
items.
36,319
14,708
11,977
84,536
17,730
48,762
716,690 448,520
181,328 176,970
633,607 515,854
6,651
4,897
81,028 34,720
30,511
13,554
11,955
8,188
5,400
42,781
12,185
35,312
28,783 284,413 1,521,665 182,784 39,324 1,286,411
45,786 428,881 49,231 10,958 367,699
24,002 209,848 1,428,067 228,435 62,205 1,139,107
3,212
1,599
13,984
775
325
9 986
26,037 148,116 20,988 5,309 120,587
2,034
7,971 3,366
9,113
58,192
1,426
46,748
1,124 1,649,8151,194,515 65,206 576,796 3,598,905 492,621121,937 2,970,538
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
71
62
36
26
45
39
58
19
21
266
38
83
59
119,739
54,873
48,697
28,215
76,873
54,452
39»870
18,363
51,511
273,198
23,609
47,997
71,122
823
908,519 264,222 31,573
219
171
311
77
101
210
148
267,046
108,416
T o t a l Middle
Western States.
31,714
12,380
13,779
6,548
23,834
18,164
12,782
5,791
30,346
17,484
8,343
11,554
16,020
27,874
16,399
7,019
13,192
74,266
6,514
17,657
17,554
153,861
59,773
142,507
134,682 73,404
100,210 45,614
278,334 76,855
121,272 32,087
62,201
138,845
9, $15
10,595
23,689
Total
Western
States
28,628
13,128
12,800
9,529
21,509
12,525
13,424
4,898
11,848
77,501
6,415
14,205
17,462
7,!
4,953
3,732
3,372
6,972
4,683
5,638
1,790
3,518
27,301
2,341
5,923
7,656
148,334
71,637
58,511
35,357
04,075
89,505
54,736
25,850
72,914
411,780
32,683
60,801
93,231
1,588,603 243,872 85,867 1,249,414
91,174
30,514
93,939
54,126
26,247
90,491
33,093
95,503
11,519
6,096
10,861
5,074
4,026
6,336
3,909
4,212
540,091
213,016
554,712
275,894
182,461
467,634
196,281
373,146
81,500
30,386
79,879
31,073
24,943
61,405
25,800
49,974
26,080
15,102
20,706
8,838
8,127
10,383
10,243
14,833
425,656
166,554
450,778
235,164
148,740
392,480
159,486
305,308
1,504,548 646,302 52,033 515,087 2,803,235 384,960114,312 2,284,166
„.;
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
189,134
90,008
75,409
49,266
122,648
107,072
73,978
32,637
89,024
519,199
41,498
80,127
118,603
49
59
105
186
29
20
74
14
248
22,522
31,409
108,222
91,437
24,429
17,490
97,176
7,542
152,346
784
552,573
5,550
6,749
22,711
26,705
8,982
3,405
49,689
1,709
42,239
766
802
2,807
3,382
1,199
759
4,856
239
5,155
•
",
-
=
5,780
8,796
46,099
36,161
9,879
4,946
49,750
1,654
84,470
35,9811
49,487i
186,307
164,475;
46,243j
27,314
205,197i
11 565
293,137
167,739 19,965 247,535 1,019,706
4,373
5,277
23,729
22,654
6,170
3,139
19,654
1,438
30,799
1,621
2,008
6,048
8,022
1,949
1,137
4,683
648
8,097
29,976
42,179
156,235
132,765
38,121
23,030
181,692
9,475
253,693
867,166
28
EEPORT OF THE COMPTROLLER OF THE CURRENCY.
Statement showing^ the number and the principal items of resources and liabilities of
national banks in each State (including city banks) that were not borrowing moneyt
either by bills payable or rediscounts September 15,1922—Continued.
United
States
Government
Loans, securiNum- discounts,
Cash
ties,
and in
ber of
over- other
banks. and
vault.
drafts
bonds,
stocks,
securities, etc.
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total
States
Due
from
CircuCapital, lation
banks Aggregate surplus,
and
out- Deposits.
and
other
profits. standing.
cash
items.
61
163
24
9
9
6
97,119
57,849
224,662
16,011
10,198
6,583
4,825
49,905 3,680
31,885 2,074
79,400 6,875
5,364
485
2,726
245
3,084
319
371
1,031
42,870
24,231
77,788
5,501
3,946
2,210
1,734
200,797
121,400
402,720
28,424
18,133
12,814
8,091
19,331
13,327
50,517
3,249
3,031
1,891
884
5,509
4,203
14,436
1,450
1,472
1,108
265
174,737
103,306
334,489
335
417,247
173,395 14,049
158,280
792,379
92,230 28,443
666,471
Pacific
13,598
9,804
6,914
Alaska
(nonmember
banks)
Hawaii (nonmember
banks)
650
915
141
631
2,-423
293
1,412
3,489
329
1,467
6,817
1,133
442
5,215
Total (nonmember banks)
2,062
4,404
470
2,098
9,240
1,426
501
7,286
T o t a l United
States
2,071
4,674 5,379,886 2,664,609197,947 1,907,669 10,489,4001,448,163 420,079 8,569,884
Total principal items,
8:, 240 11,248,166 4,692,274 331,951 3,746,769 20,926,099 2,888,366 726,789 16,598,762
all national banks
Percentage o f principa 1
items o f nonborrowing national banks to
47.83
total all banks
56.72
56.79 59.63
50.92
50.13
50.14 57.80
51.63
BORROWINGS OF NATIONAL BANKS ON ACCOUNT OF BILLS
PAYABLE AND REDISCOUNTS.
On September 15, 1922, the total borrowings of national banks on
account of bills payable and incident to the rediscount of notes and
bills, amounted to $429,324,000 compared with $1,019,929,000,
December 31, 1921, the date of the first call during the year covered
by this report.
The liquidation of liabilities on account of bills payable and rediscounts oi national banks, indicated by the returns at date of each
call during the report year, shows that our national banks are rapidly
getting back to normal condition, and are very largely able to meet
the demands from their customers without the necessity of resorting
to borrowing.
The following statement shows the amount of bills payable and
rediscounts of national banks in each of the 12 Federal reserve districts at date of each call since September 6, 1921:
REPORT OF THE COMPTROLLER OF THE CURRENCY.
29
Total borrowings of national banks on account of bills payable and rediscounts in each
Federal reserve district at date of each call during year ended September 15, 1922.
[In thousands of dollars.]
District
No.l.
District
No. 2.
District
No. 3.
District
No. 4.
District
No. 5.
District
No. 6.
Dec. 31,1921:
Bills payable.
Rediscounts..
16,563
31,381
141,036
51,660
61,436
21,663
34,416
32,465
49,415
50,648
32,517
42,558
43,663
District
No. 7.
Total.
47,944
192,696
83,099
66,881
100,063
75,075
141,561
Mar. 10,1922:
Bills payable.
Kediscounts..
11,825
19,650
32,913
44,603
45,231
14,229
19,525
17,654
38,675
38,377
15,176
25,967
25,423
41,217
Total.
31,475
77,516
59,460
37,179
77,052
41,143
66,640
May 5,1922:
Bills payable.
Rediscounts..
9,420
16,846
45,176
41,994
39,731
10,628
17,239
16,484
29,550
34,325
23,757
23,728
39,316
Total.
26,266
87,170
50,359
33,723
63,875
32,766
63,044
June 30,1922:
Bills payable.
Rediscounts..
11,168
27,642
42,399
47,395
37,972
9,031
22,657
12,622
21,705
26,467
6,464
19,954
15,467
38,064
Total.
38,810
89,794
47,003
35,279
48,172
26,418
53,531
Sept. 15,1922:
Bills payable.
Rediscounts..
6,488
18,957
18,886
45,615
34,763
6,334
15,193
9,936
19,174
23,870
4,890
19,456
15,886
29,079
Total.
25,445
64,501
41,097
25,129
43,044
24,346
44,965
District
No. 8.
District
No. 9.
District
No. 10.
District
No. 11.
District
No. 12.
Dec. 31,1921:
Bills payable..
Rediscounts..
17,102
24,903
22,305
39,376
26,791
54,797
21,822
34,942
29,257
41,325
496,323
523,606
Total,
Total.
42,005
61,681
81,588
56,764
70,582
1,019,929
Mar. 10,1922:
Bills payable..
Rediscounts..
10,358
12,814
18,906
24,662
15,513
30,893
13,325
26,475
28,219
27,196
275,089
323,737
Total.
23,172
43,568
46,406
39,800
55,415
598,826
May 5,1922:
Bills payable..
Rediscounts..
9,555
7,444
18,784
22,116
12,646
25,327
11,821
25,168
22,022
22,535
285,940
Total..
16,999
40,900
87,973
44,557
534,621
June 30,1922:
Bills payable..
Rediscounts...
9,877
6,390
19,410
22,440
9,707
19,881
9,864
26,103
228,481
280,271
Total.
16,267
41,850
29,588
35,967
21,791
24,282
46,073
Sept. 15,1922:
Bills payable..
Rediscounts..
8,316
18,749
20,783
8,022
17,963
11,813
26,998
19,585
20,102
181,765
247,559
Total.
16,782
39,532
25,985
38,811
39,687
429,324
508,752
30
REPORT OF THE COMPTROLLER OF THE CURRENCY.
CLASSIFICATION OF LOANS AND DISCOUNTS OF NATIONAL
BANKS, IN CITIES AND STATES, JUNE 30, 1922.
Of the total loans and discounts of reporting national banks June
30, 1922, amounting to $11,248,214,000, approximately 50 per cent,
or $5,818,207,000 were made on time paper with one or more individual or firm names not secured by collateral. The next largest
amount in the classification of loans and discounts was on time
paper, secured by stocks and bonds, aggregating $1,499,092,000,
while loans on demand secured by stocks and bonds amounted to
$1,408,369,000. Loans on other time paper, secured by personal
securities, including merchandise and warehouse receipts, etc.,
amounted to $1,112,434,000.
A classification of the loans and discounts of national banks in
central reserve and reserve cities and elsewhere in each State June
30, 1922, is shown in the following statement:
Loans and discounts by nationxd banks, June 30,1922 (including all loans and discounts on which officers and directors are liable, all loans and discounts
rediscounted or hypothecated for bills payable, and acceptances of other banks and foreign bills of exchange or drafts sold with indorsement),
[In thousands of dollars.]
On time.
On demand.
Cities, States, and
Territories.
Paper
with
one or
more
individual or
firm
names
(not secured
by collateral).
Secured
by other
Secured
personal Paper
by other
securi- with one
personal
or more Secured securities,
Secured ties, in individual
stocks including
by stocks eluding
or firm by and
mermerchanand
names
chanbonds.
dise,warebonds.
(not sedise,
house reware- cured by
ceipts,
house collateral).
etc.
receipts,
etc.
Secured by im- Secured by real estate mortproved real esgages or other liens on realty
tate under aunot in accordance with sec.
thority ofsec.
24, Federal reserve act, as
24, Federal reamended.
serve act, as
amended.
1. For debts pre- 2. Allother
viously conreal estate
tracted (sec.
loans.
5137, R.S. U.S.).
Farm Other
real
lands. estate.
Farm Other
Farm Other
real lands.
real
lands. estate.
estate.
Customers'
Accept- liability
on
Accept- ances
ances of re- account
of other porting
of
banks banks
pur- drafts
dispaid
counted. chased
or discounted. under
letters of
credit.
Total.
CENTRAL RESERVE CITIES.
New York
Chicago
St. Louis
Total...
52,635
42,764
12,736
488,014
92,570
26,375
58,230
33,544
6,702
929,342
242,614
66,400
368,111
63,851
29,321
95,994
54,779
15,717
121
207
966
251
61
83
2,120
41,024
730
1,036
25,856
337
481
1,248
38
14
2,062,213
531,599
161,253
108,135
606,959
98,476
1,238,356
461,283
166,490
328
1,278
83
2,913
42,790
26,674
1,300
2,755,065
26,754
2,089
204
2,255
19,467
12,012
3,514
2,472
2,694
489
1,510
36
622
138
1,975
681
48,217
16,552
4,960
12,348
79,872
56,524
19,566
13,455
3,574
695
5,018
7
2,226
73
4,197
9,813
10,807
1,099
305
267
10,527
1,944
1,833
1,523
1,281
727
1,549
18
868
567
2,476
1,413
203,297
17,504
20,197
17,192
220,109
86,210
60,854
30,971
44,082
5,692
26,736
1,090
12,465
16,933
11,934
49,509
2,938
2,919
1,919
46,988
21,652
6,074
6,695
10,894
1,908
6,842
28
4,827
1,587
1,075
8,038
4,904
615
481
115
9,301
1,550
4,121
t,908
5.898
1,418
5,315
97
13,987
446
555
5
178
69
79
326
1 675
347
175
124
323
185
504
1,452
14
24
583
383
101
525
9
517
359,037
40,917
29,149
34,562
390,884
181,127
96,952
58,019
68,944
11,222
47,800
1,231
26,260
21,211
23,402
54,419
793
ALL OTHER RESERVE CITIES.
Boston
Albany.
Brooklyn and Bronx
Buffalo
Philadelphia .
Pittsburgh
Baltimore.
Washinston .
Richmond
Charleston....
Atlanta
Savfvnnfth Jacksonville
Birmingham..
New Orleans
Dallas
23,085
4,557
1,571
1,129
9,179
48
137
14
3
75
1
192
22
286
51
4
109
268
436
137
465
155
12
25
251
5
117
97
9
88
3
87
569
50
8
571
2
5
117
41
12
200
4
69
93
8
138
168
553
886
46
250
Co
Loans and discounts by national banks, June SO,1922 {including all loans and discounts on which officers and directors are liable, all loans and discounts
r discounted or hypothecated/or bills payable, and acceptances of other banks andforeign bills of exchange or drafts sold with indorsement)—Continued. to
On demand.
Cities, States, and
Territories.
El Paso
Fort Worth
Galveston.
Houston
San Antonio
Waco
Little Rock...
Louisville
Chattanooga
Nashville
Cincinnati
Cleveland
Columbus....
Toledo
Indianapolis
Chicago
Peoril
I
Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Paul.
Cedar Rapids
DesMoines
Dubuque
Paper
with
one or
more
individual or
firm
names
(not secured
by collateral).
471
815
242
1,253
660
1,004
71
1,391
290
127
582
4,567
2,410
3,806
2,821
2,844
862
1,586
666
317
8,770
6,536
1,691
216
1,437
299
On time.
Secured
by other
Secured
personal Paper
by other
securi- with one
personal
or more Secured securities,
Secured ties, in- individual
by stocks cluding
stocks including
meror firm byand
and
merchanchannames
bonds.
bonds.
dise, waredise,
(not sehouse reware- cured by
ceipts,
house collateral).
etc.
receipts,
etc.
80
1,625
1,833
4,556
59
571
4,950
135
346
1,416
13,215
9,286
7,790
6,425
1,675
1,456
2,565
7,341
356
6,165
8,950
7,892
602
1,411
22
49
614
1,117
1,931
216
1,082
151
530
28
1,051
356
1,428
1,016
476
202
1,149
350
719
1,421
480
1,521
7,431
783
95
873
57
12,989
12,983
1,598
25,864
12,174
5,272
2,569
26,037
12,163
4,917
17,039
32,815
22,478
18,858
7,467
27,155
11,160
7,739
46,477
10,845
45,530
43,890
27; 042
4,332
8,719
1,256
1,541
4,560
401
12,370
2,692
947
377
8,141
5,337
1,238
4,881
15,644
7,537
8,099
3,122
8,577
6,298
3,004
27,161
4,719
8,768
7,827
7,183
4,649
5,505
722
3,720
6,042
314
9,402
5,497
1,238
837
4,270
1,545
1,739
3,440
6,672
1,014
1,811
45
4,730
1,510
1,239
3,268
329
7,517
24,202
12,096
1,304
4,761
612
Secured by im- Secured by real estate mortproved real esgages or other liens on realty
tate under aunot in accordance with sec.
thority of sec.
24, Federal reserve act, as
24, Federal reamended.
serve act, as
amended.
1. For debts pre- 2. All other
viously conreal estate
tracted (sec.
loans.
5137, R.S. U.S.).
Other
Farm
real
lands. estate.
Farm Other
Farm Other
real lands.
real
lands. estate.
estate.
66
49
9
99
10
1
37
43
10
66
6
10
9
23
45
1
93
46
40
587
370
717 >
66 i
2
85
76
7
5
23
19
55
11
40
148
3,752
39
284
51
1
26
1,652
416
17
17
3
113
186
156
6
281
519
413
46
740
62
450
568
143
71
393
174
88
2)5
178
215
7
303
12
6
7
79
198
7
49
51
143
2
396
71
113
19
134
216
93
24
285
18
238
10
156
128
'
35
9
AA
136
CustomAccept- ers'
ances liabilAccept- of re- ity on
ances porting acof other banks count
banks purof
dis- chased drafts
count- or dis- paid
ed. count- under
ed.
letters of
credit.
127
216
124
Total.
55
3
200
28
25
3
5
763
7
2
44
298
421
5
52
48
10
1,120
50
492
121
•
2
23
19,434
27,859
5,842
56,577
22,444
10,876
4,065
45,457
19,907
10,015
28,209
74,495
48,701
41,587
20,472
46,407
21,711
17,186
89,462
17,900
78,297
100,536
57,064
11,999
23,021
3,299
Sioux
City
TT*m<yis dit.v
St Joseph
Lincoln
749
Mn
422
2 864
6,967
750
158
238
132
445
233
2 162
54
281
Kansas Citv Ivans
298
3 961
3 983
98
70
1 093
'l27
3,745
2 088
54
33
9 963
27 599
10 836
6 482
27 411
1,679
3 091
6; 027
2 660
18,199
2,509
3 818
10,172
20 689
26,032
15,198
3 041
26,624
73 703
7,794
99,931
2,831
6,586
Topeka
715
123
Wichita
226
301
Selena
639
375
Denver ..
21
Pueblo
228
143
239
Muskosee
511
913
869
Oklahoma City
925
493
1 355
Tulsa
3,456
5,425
2,651
Seattle
92
42
212
Spokane
2 171
421
446
Tacoma
5,505
2,130
402
Portland
7,102
3 338
4 880
Los Angeles
2,479
2,137
Oakland
.
. . 3,200
5,281
31,757
22,727
San Francisco
150
63
98
Ogden
705
1,561
1,189
Salt Lake City
438,640 93,032 1,660,593
Total all other reserve cities 169,824
Total all reserve
277,959 1,045,599 191,508 2,898,949
cities
13,397
1,078
1 477
5,564
9,597
7,099
3,436
1,294
5,372
21,678
4,390
32,333
1 538
3 366
21 820
2,904
322
8 685
'334
18,197
1,190
2,826
8,687
5,215
6,193
3,697
1,256
7,253
9,839
262
313
1 680
12 073
1 461
2*223
7 105
'798
988
779
227
23,875
1,467
3,020
16,731
763
3,053
461,143
322,168
922,426
6,603
3,195
3,043
42,760
5,568
20,407
1,404
5,278
1,109
1,989
564
809
359
256
135
111
112
244
72
89
518
25
66
36
1 053
46
17
29
61
618
16
8
20
44
363
489
261
44
53
96
38
364
21
144
290
411
6
33
201
1,019
29
33
4
30
23
281
518
195
348
549
284
138
17
141
6
59
17
16
14
13
10
270
2i6
1,112
1,268
1,158
337
375
351
191
5
3
17
186
5
33
3
114
Ii
95
2
57
ii
28
50
368
218
410
544
1 203
36
1
509
184
112
686
112
18,537
87,203
15 340
12,857
66 840
5,731
4 860
17 528
3*946
56,450
4,828
9 308
• 27,393
40 165
1
52,394
23 813
9 139
6
49,853
124 398
37
17,296
204,785
48
5,712
16,587
2,955
384
2,800
25,056
3,497
1,706
3,222,921
708
5,713
67,846
30,171
3,006
5,977,986
19
9
33
55
57
6
754
2
53,637
31,025
28,265
222,906
36,209
123,469
3
46
352
75
5,477
10,835
10,581
16,944
625
488,658
5,477
10,835
10,909
18,222
1,749
390
126
670
174
641
138
369
99
35
48
617
194
254
215
1,087
22
1,197
COUNTBY BANKS.
5,664
4,961
4,522
10,187
1,022
10,706
7,470
7,105
2,264
20,591
2,428
19,906
5,913
1,338
1,192
29,683
13,810
14,918
132,445
24,656
65,591
37,062
59,764
10,437
281,103
81,576
12,233
1,505
4,575
499
3,371
61
1,210
1,861
252
34,166
23,252
72,857
1,207
5,702
47,066
50,181
89,303
2,241
4,177
4,087
1,934
4,073
39,890
24,186
81,306
9,642
2,145
6,604
1,633
391
2,516
3,623
7,131
13,543
1,212
486
615
789
1,279
1,148
11
74
2,430
547
589
64
34
136
638
243
984
82
796
67
269
4,209
2,058
3,405
53
364
70
305
127
363
232,012
158,909
302,355
5,230
25,831
154
5
234
44
142
11
Total Eastern States. 137,184
192,968
10,584
724,337
151,686
5,767
25,175
2,649
9,879
978
3,402
3,577
234
11
Maine...
.,..
Vermont
Massachusetts ..
Rhode Island
Connecticut
Total New England
States
New York
New Jersey
Pennsylvania . .
Delaware...
Maryland
. . .
597
691
706
5,666
704
1,590
20,055
==============
U5
2,095
16
1,316
82
20
338
31
28
1,319
30
221
467
2
495,511
381,187
272,614
578,755
10,011
45,919
1,288,486
CO
CO
Loans and discounts by national banks, June SO, 1922 {including all loans and discounts on which officers and directors are liable, all loans and discounts
rediscounted or hypothecated for bills payable, and acceptances of other banks and foreign bills of exchange or drafts sold with indorsement)—Continued.
On demand.
Paper
with
one or
more
individual or
firm
names
(not secured
by collateral).
Cities, States, and
Territories.
On time.
Secured
by other
Paper
personal
securi- with one
or more
ties,
inSecured
individual Secured
by stocks cluding
or firm by stocks
merand
and
names
chanbonds.
bonds.
(not sedise,
ware- cured by
house collateral).
receipts,
etc.
Secured
by other
personal
securities,
including
merchandise,warehouse receipts,
etc.
Secured by improved real estate under authority of sec.
24, Federal reserve act, as
amended.
Farm
lands.
Secured by real estate mortgages or other liens on realty
not in accordance with sec.
24, Federal reserve act, as
amended.
Custom; Accept- ers'
ances liability on
Accept- ances porting ac1. For debts pre- 2. All other of other banks count
pur- . of
viously conbanks chased
real estate
drafts
tracted (sec.
disloans.
5137, R.S. U.S.).
count- or dis- paid
count- under
ed.
Other
ed.
letreal
ters of
estate. Farm Other Farm Other
credit
real lands. real
lands. estate.
estate.
Total.
COUNTRY BANKS—COIltd.
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
5,261
4,110
1,842
1,238
1,875
1,015
1,711
..
I.'..'.".'..'/.'.'.'.'.
9,797
684
5,478
1,813
3,273
6,776
1,166
894
700
542
1,882
410
592
8,243
90
4,030
365
Total Southern States 36,163
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
41,589
7,741
25,942
3,316
10,850
1,689
1,189
879
974
2,040
527
2,531
887
1,676
6,717
1,161
577
21,540
35,751
2,986
7,718
6,912
3,219
6,655
4,528
840
3,195
715
1,541
4,501
116,822
69,544
72,094
28,365
33,003
24,469
27,210
16,857
28,394
105,505
22,660
58,583
42,744
30,188
27,324
19,563
10,116
5,293
4,553
4,825
3,394
5,152
. 3,364
12,051
10,261
2,109
11,163
19,676
10,894
5,865
16,317
7,227
7,054
79,671
10,412
5,267
4,038
2,516
541
1,558
1,487
1,709
720
1,364
669
720
2,277
1,237
2,097
734
646,250 J
147,919
189,954
17,629
136,175
107,450
177,029
64,433
89,367
88,116
34,483
19,454
24,154
20,608
17,032
14,405
5,100
5,925
17,672
3,809
9,711
6,339
6,691
8,741
4,218
4,668
11,281
35,940
770
110
600
835
2,951
334
1,811
912
1,273
8,737
1,158
1,209
566
1,096
785
683
539
1,234
423
752
403
422
459
266
32
21
8
99
113
59
31
366
2
432
19
101
44
12,522 | 21,266
11,145
1,327
2,409
• 2,701
3,280
317
771
2,120
1,423
1,210
423
847
1,395
214
262
376
72
245
393
2,819
2,030
1,149
537
641
916
745
424
392
1,054
425
825
565
7,943
3,483
1,866
5,049
2,222
3,781
246
203
115
81
115
273
71
81
56
345
49
87
122
18
97
1
439
35
1,844 I
568
160
230
171
171
109
40
147
96
168
26
252
205
9
138
13
434
32
53
53
174,973
114,765
110,820
64,897
60,660
39,737
59,261
32,207
46,557
240,555
41,703
90,937
60,610
1,137,682
=====
277,312
159,263
271,562
110,211
135,680
184,061
CO
Iowa
Missouri
Total Middle Western States
North Dakota
South Dakota
Nebraska
Kansas .
Montana
WyoTning
Colorado
New Mexico
Oklahoma
Total Western States.
Washington
Oregon.. .
California
Idaho
Utah
Nevada
Arizona
...
Total Pacific States..
9,216
5,210
1,050
1,163
1,350
878
131,191
26,210
9,084
2,359
18,225
6,466
3,798
1,067
884
395
9,778
1,254
2,000
280
241
40
79
35
93
12
65
109,724
65,454
17,548
819,971
141,579
102,848
46,803
25,020
27,496
9,698
1,843
1,523
834
171
2,479
953
1,959
5,498
3,934
262
1,577
1,605
4,362
161
171
136
1,914
1,792
255
959
426
328
975
389
523
1,505
1,305
238
954
303
1,874
24,450
32,239
42,947
51,145
19,515
13,706
26,325
10,837
43,200
1,464
2,619
2,304
5,331
2,726
4,059
3,784
2,017
6,726
26,789
23,510
19,104
32,951
20,198
15,867
20,858
13,092
64,833
3,168
1,851
1,068
1,825
1,932
1,010
1,081
349
1,498
898
461
141
623
374
279
257
221
987
5,230
3,120
2,653
2,605
3,695
1,926
2,350
388
4,631
464
531
508
512
749
305
422
180
1,770
222
26
64
57
120
40
57
10
529
78
140
27
31
39
15
71
21
107
7
11
117
3
17
8
67
1
162
8
66,402
66,021
71,604
104,131
56,515
37,963
58,703
29,516
131,016
22,629
6,142
8,066
264,364 |
31,030
237,202
13,782
4,241
26,598
5,441
1,125
529
214
486
22
621,871
2,713
6,225
23,738
742
53
2,202
510
481
625
6,373
77
55
744
186
1,811
2,633
5,026
372
12
825
163
27,690
19,299
101,054
19,816
2,882
2,584
9,459
2,318
1,190
15,832
1,472
901
423
656
9,142
9,504
22,506
13,619
692
742
5,173
1,557
743
6,510
943
253
594
218
348
255
3,430
239
54
135
99
1,473
1,722
2,703
3,803
375
323
272
428
1,229
287
93
116
170
211
42
143
26
3
52
3
65
38
373
37
23
38
9
127
226
501
2
10
151
13
18
36,183
8,541
10,842
182,784
22,792
61,378
10,818
4,560
11,367
2,595
480
583
880
163
31
170
6
130
1
19
187,054
45,388
19
1,370,531
11
3
26
48,210
42,953
189,587
41,433
5,396
8,778
17,640
w
Q
O
353,997
A l a s k a (n on member
banks).
,
Hawaii ( n o n m e m b e r
banks)
191
24
23
366
21
17
1
79
722
203
914
35
83
63
89
13
28
1,428
Total (nonmember
banks)
394
938
58
449
84
106
14
107
2,150
H
Total country banks. 379,339
362,770
79,075
2,919,258
576,666
623,776
96,318
76,200
89,875
42,129
5,814
9,091
8,060
1,740
117
5,270,228
Total United States. 657,298
1,408,369
270,583
5,818,207
1,499,092
1,112,434
101,795
87,035
100,784
60,351
6,522
14,804
75,906
31,911
3,123
11,248,214
W
m
a
d
o
CO
e
36
REPORT OF THE COMPTROLLER, OF THE CURRENCY.
The amount and character of loans and discounts of national
banks with the percentage of each class of loans to total loarfs and
discounts, is shown in the following statement for the last three
fiscal years:
[In thousands of dollars.]
June 30, 1920.
Class.
On.demand, paper with one or more individual or firm names (not secured by
collateral)
On demand, secured by stocks and bonds..
On demand, secured by other personal
securities, including merchandise, warehouse receipts, etc
On time, paper with one or more individual or firm names (not secured by
collateral)
On time, secured by stocks and bonds
On time, secured by other personal securities, including merchandise, warehouse
receipts, etc
Secured by improved real estate under
authority of section 24, Federal reserve
act, as amended:
1. On farm land
2. On other real estate
Secured by real-estate mortgages or other
liens on realty not in accordance with
section 24, Federal reserve act, as
amended:
1. For debts previously contracted
(sec. 5137, R. S. U. S.)—
(a) Farmlands
(6) Other real estate
2. All other real-estate loans—
(a) Farm lands
(6) Other real estate
Acceptances of other banks discounted
Acceptances of this bank purchased or
discounted
Customers' liability on account of drafts
paid under letters of credit and for which
tliis bank has not been reimbursed
Total.
June 30,1921.
June 30,1922.
Amount.
Per
cent.
Amount.
Per
cent.
Amount.
707,229
1,261,984
5.20
9.27
679,704
1.151,114
5.66
9.59
657,298
1,408,369
5.84
12.52
392,277
2.88
342,394
2.85
270,583
2.41
7,604,971
1,855,906
55.87
13.64
6,564,444
1,548,053
54.68
12.90
5,818,207
1,499,092
51.73
13.33
1,390,122
10.21
1,320,323
11.00
1,112,434
135,902
1.00
93,042
60,024
.77
.50
101,795
87,035
.90
.77
60,895
45,695
.51
100,784
60,351
.90
.54
7,7-24
12,857
94,470
6,522
14/804
75,906
.06
.13
.67
31,911
.28
93,927
146,838
Per
cent.
22,260
.16
16,429
7,347
3,123
.03
13,611,416
100.00
12,004,515
11,248,214
100.00
i No information.
COMPAEATIVE STATEMENT OF LOANS AND DISCOUNTS, INCLUDING REDISCOUNTS MADE BY NATIONAL BANKS DURING
PAST THREE FISCAL YEARS.
A comparison of the loans and discounts, including rediscounts,
of national banks in the central reserve cities of New York, Chicago,
and St. Louis, in other reserve cities of country banks, and total for
United States are shown in the following statement as of June 30
for years 1920 to 1922, inclusive:
37
EEPOKT OF THE COMPTROLLER OF THE CURRENCY.
[In thousands of dollars.]
Loan;5.
Banks i n -
New York
Do
Chicago
St. Louis
Other reserve cities
All reserve cities
Country
Total United States
June 30, 1921.
June 30,1920.
Amount.
Per
cent.
2,744,244
i 3,687,702
June 30,1922.
Amount.
Per
cent.
Amount.
20.16
2,202,265
18.35
2,062,213
27.09
2,996,346
24.96
2,755,065
24,49
29.35 3,222,921
54.31 5,977,986
45.69 5,270,228
100. 00 11,248,214
28.65
53.15
46.85
100.00
4,170,946 30.64 3,523,178
7,858,648 57.73 6,519,524
5, 752,768 42.27 5,484,991
13,611,416 100. 00 12,004,515
Per
cent.
18.33
NATIONAL BANKS IN AGRICULTURAL, SEMIAGKRICULTURAL,
AND NONAGRICULTUBAL COUNTIES,
On March 10, 1922, 61.67 per cent of the total number of reporting
national banks in continental United States were in agricultural
counties, 11.21 per cent in semiagricultural counties, and 27.12 per
cent in nonagricultural counties.
The loans and discounts of banks in agricultural counties were
21.34 per cent of the aggregate loans and discounts of all national
banks and amounted to $2,407,436,000; loans and discounts of banks
in semiagricultural counties were $1,094,819,000, or 9.71 per cent of
the aggregate; and the loans and discounts of national banks in nonagricultural counties were 68.95 per cent of the total, and amounted
to $7,778,085,000.
The resources of national banks in agricultural counties were $4,014,701,000, or 20.23 per cent of the resources of all national banks; the
resources of banks in semiagricultural counties were 9.84 per cent and
amounted to $1,952,962,000; while the resources of banks in nonagricultural counties were $13,873,919,000, or 69.93 per cent of the total.
The total deposits of banks in agricultural counties were $3,298,961,000, or 21.45 per cent of the total deposits of all national
banks; the deposits of banks in semiagricultural counties were
$1,480,183,000, or 9.62 per cent of the total; and the deposits of
banks in nonagricultural counties were $10,604,3*4,000, or 68.93
per cent of the deposits of all national banks.
Information with respect to the principal items of resources and
liabilities and the classification of loans and discounts of national
banks in agricultural, semiagricultural, and nonagricultural counties
in each State and Federal reserve district March 10, 1922, is published
in the appendix of this report, a summary of which follows:
[In thousands of dollars.]
Loans and
Per
discounts.
cent of
number
of banks
to total
Per
number Amount.
cent.
of
banks.
Agricultural counties
Semiagricultural counties
Nonagricultural counties
Total United S t a t e s . . . .
61.67 2,407,436
11.21 1,094,819
27.12 7,778,085
100.00 11,280,340
21.34
9.71
68.95
100.00
Aggregate
resources.
Aggregate
deposits.
Amount.
Per
cent.
Amount.
4,014,701
1,952,962
13,873,919
19,841,582
20.23
9.84
69.93
100.00
3,298,961
1,480,183
10,604,364
15,383,508
Per
cent.
21.45
9.62
68.93
100.00
38
EEPORT OF THE COMPTROLLER OF THE CURRENCY.
INVESTMENTS OF NATIONAL BANKS JUNE 30, 1922.
On June 30; 1922, the total investments of national banks in
United States Government securities and other miscellaneous bonds,
stocks, and securities, amounted to $4,563,325,000, or 22.04 per
cent of total resources, which amounted to $20,706,010,000. The
total investment in miscellaneous bonds, stocks, and securities, as
will be noted by reference to the following statement, which shows a
comparison for years ended June 30, 1921 and 1922, was $2,277,866,000 compared with $2,005,584,000 June 30, 1921, while the
total investment in United States Government securities was $2,285,459,000 compared with $2,019,497,000 June 30, 1921.
[In thousands of dollars.]
June 30,
1921.
Domestic securities:
State, county, or other municipal bonds
Railroad bonds
Other public-service corporation bonds
All other bonds (domestic)
Claims, warrants, judgments, etc
Collateral trust and other corporation notes issued for not more than one
year nor less than three years' time
Foreign Government bonds
Other foreign bonds and securities
Stocks, Federal reserve bank
Stocks, all other
Total
United States Government securities
Total bonds of all classes
June 30,
1922.
393,682
404,936
277,205
352,405
82,586
414,414
486,453
318,456
423,040
87,727
159,766
140,226
63,513
68,724
62,541
168,082
162,054
87,895
70,575
59,170
2,005,584
2,019,497
2,277,866
2,285,459
4,025,081
4,563,325
UNITED STATES, DOMESTIC, FOREIGN BONDS, SECURITIES,
ETC., HELD BY NATIONAL BANKS IN RESERVE CITIES AND
STATES.
A classification of the holdings of national banks in central reserve
and reserve cities and elsewhere in each State of domestic and
foreign bonds, securities, etc., and the total only of United States
Government securities are shown in the following statement as of
June 30, 1922:
United States Government, domestic, and foreign bonds, securities, etc., owned by national banks June 30, 192%
[In thousands of dollars.]
Foreign government bonds.
Domestic securities.
Cities, States, and Territories.
United
States
Collater- Bonds
of the
Govern- State,
Other
al trust Russian,
ment county, Rail- public
Stock
of
Stock
of
Claims,
and
All
German,
securi- or mu- road
other
service
Federal
Judgwarother
other
or Austies.
corpora- rants, ments. corporanicipal bonds. corporabonds. reserve
trian
bank.
tion
tions.
etc.
tion
bonds.
Governbonds.
notes.
Bonds
of other
foreign
governments.
Total
bonds,
Other
Total all
foreign stocks,
securibonds
bonds ties,
etc.,
and
and
other
securisecurithan
ties.
ties.
United
States.
ments.
CENTRAL BESERVE CITIES.
New York..
Chicago
St. Louis...
Total.
503,803
46,560
20,538
92,644
3,021
4,598
23,916
2,776
2,403
49,463
5,356
1,863
12,054
2,720
1,069
16,314
1,604
1,427
1,655
1,259
729
37,378
6,224
110
786
376
14
16,802
1,719
1,546
8,462
314
527
308,721
36,256
21,231
812,614
82,816
41,769
100,263
29,095
56,682
15,843
19,345
3,643
376
43,712
800
20,067
9,303
366,208
937,199
8,330
1,852
454
1,449
10,957
4,438
1,427
2,635
124
163
45
6,993
3,375
702
1,978
11,311
15,969
3,814
1,897
1,116
369
150
2,255
187
120
158
2,597
1,601
758
406
76
93
2
23
188
63
4
361
12
85
1,551
677
322
462
2,419
858
228
640
188
1,623
167
783
250
114
103
965
1,021
242
445
127
23
230
388
65
1
5,418
179
16
20
1,749
1,827
356
227
511
157
229
3
49
95
3,630
697
337
710
4,384
540
1,000
168
5,239
1,611
964
1,390
18,621
14,732
3,343
4,102
728
405
10
42,442
12,089
4,612
7,252
76,557
55,655
17,041
13,204
4,666
2,487
880
13
4,304
1,971
1,034
2^801
1,353
2,490
468
1,563
551
138
83,981
20,144
8,733
12,736
126,762
126,861
30,939
29,909
11,653
7,903
9,397
90
10,782
4,961
5,389
18,349
3,968
6,292
1,316
15,114
5,918
2,072
49,247
11,263
570,991 | 67,079
ALL OTHER RESERVE CITIES.
Boston
Albany
Brooklyn and Bronx.
Buffalo
Philadelphia...
Pittsburgh
Baltimore
Washington
Richmond
Charleston
Atlanta
Savannah
Jacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
41,539
8,055
4,121
5,484
50,205
71,206
13,898
16,705
6,987
5,416
8,517
77
0,478
2,990
4,355
16,048
2,615
3,802
848
13,551
5,367
1,934
1,267
2,000
818
756
9,115
2,136
3,750
1,538
1
139
99
152
44
14
390
103
255
10
81
99
144
314
73
161
24
293
191
78
127
195
174
125
20
400
43
7,595
1,390
873
272
15,127
10,751
2,145
792
957
19
23
18
1,322
816
229
49
182
140
18
439
.......
28
4
34
87
184
3,094
1,215
604
100
177
151
160
24
18
59
United States Government, domestic, and foreign bonds, securities, etc., owned by national banks June 30, 1922—Continued.
Foreign government bonds.
Domestic securities.
Cities, States, and Territories.
United
States
Govern- State,
Other
ment
public
An- Stock of
Rail- service
securi- county,
or
muroad corpora- other Federal
ties.
nicipal bonds.
bonds. reserve
tion
bank.
bonds.
bonds.
Collateral trust
Stock of Claims,
and
warJudgother
other
corpora- rants, ments. corporations.
etc.
tion
notes.
Bonds
of the
Russian,
German,
or Austrian
Governments.
Total
Other bonds, Total all
foreign stocks,
securibonds
etc.,
and
Bonds bonds
and ties,
other
securiof other securithan
ties.
foreign
United
govern- ties.
States.
ments.
ALL OTHER RESERVE CITIES
continued.
Little Rock
Louisville
Chattanooga
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis
Chicago
Peoria
.Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Paul.
Cedar Rapids
Des Moines
Dubuque
Sioux City
Kansas City, Mo
St. Joseph
Lincoln
Omaha
Kansas City, Kans
Topeka......
Wichita
Helena
Denver
685
16,246
2,828
2,365
6,431
23,440
10,072
11,640
5,431
12,366
9,658
4,459
19,758
3,476
5,534
12,380
22,119
2,004
2,616
1,175
3,185
10,317
2,498
875
6,874
997
1,469
2,934
590
15,191
75
621
25
208
761
6,402
1,695
3,393
1,384
427
4,894
559
2,529
331
1,295
2,523
819
119
706
700
621
2,967
52
87
1,342
301
1,080
2,403
10
3,751
4,041
183
51
197
2,680
1,693
1,124
265
1,294
255
744
305
439
777
2,315
45
42
137
795
209
1,091
87
30
44
19
1,865
1,617
106
6
402
1,364
681
919
205
1,026
2,478
445
1,247
623
1,262
324
315
72
25
378
65
266
58
13
508
585
129
58
424
1,523
2,253
858
1,054
1,521
3,263
407
287
612
413
236
939
388
137
218
177
760
41
96
1,092
37
22
53
2
1,670
26
264
120
72
161
624
232
269
180
303
122
146
405
101
384
599
325
45
117
23
73
389
60
68
320
36
34
103
23
240
11
55
112
34
67
362
319
60
587
10
485
110
122
100
8
7
,357
9
2
114
38
55
81
180
612
46
24
88
28
163
147
336
23
142
133
468
939
11
64
299
1
266
206
i4oi
634
453
1
28
140
313
15
11
112
1,980
329
758
1,291
247
754
13
551
90
534
119
43
160
109
65
5
6
16
471
15
320
257
958
757
784
128
367
485
221
514
582
86
283
198
40
19
34
5
225
264
403
1,459
140
462
99
356
80
1,251
230
352
32
180
16
12
454
5
10
41
94
23
151
15
12
737
119
9,644
703
444
2,783
16,334
7,785
8,955
6,008
5,512
13,741
2,150
8,105
3.036
5,050
5,142
5,478
885
1,646
1,624
1,460
6,545
525
476
5,466
536
1,460
2,832
54
13,138
804
25,890
3,531
2,809
9,214
39,774
17,857
20,595
11,439
17,878
23,399
6,609
27,863
6,512
10,584
17,522
27,597
2,889
4,262
2,799
4,645
16,862
3,023
1,351
12,340
1,533
2,929
5,766
644
28,329
1,104
563
6,840
537
5,409
420
139
180
1,264
9
551
35
236
43
51
48
350
257
31
1
2
52
31
72
47
88
10
69
4,820
2,611
13,202
5,664
30,125
4,586
2! 952
18,923
26 469
6,689
65,886
1,900
4,567
6
3,044
590
8,852
2,761
13,604
1,218
1,531
7,040
8,289
2,895
25,972
530
1,315
All other reserve cities
620,564
100,943
79,650
53,604
82,599
19,320
21,447
18,313
882
49,142
651
26,120
15,677
468,348
1,088,912
Total all reserve cities
1,191,555
168,022
179,913
82,699
139,281
35,163
40,792
21,956
1,258
92,854
1,451
46,187
24,980
834,556
2,026,111
12,719
10,976
6 847
50,571
8,582
30,520
1,374
612
358
3,075
1,206
1,581
4,880
1,748
2 294
11,434
1,879
7,879
12,034
3,054
3 629
21,317
4,008
6,332
6,379
1,744
2 612
17,511
1,454
3,473
340
284
238
1,401
311
1,068
234
110
167
1,277
72
663
30
43
183
249
13
332
22
2,649
445
771
7,383
1,611
1,518
23
59
61
91
2
14
2,978
1,047
2 047
6,474
704
3,232
2,173
595
712
4,509
850
1,176
33,094
9,751
13 072
74,743
12,110
27,268
45,813
20,727
19 919
125,314
20,692
57,788
Pueblo.
Muskogee.
Oklahoma City
Tulsa....
Seattle..
Spokane
Tacoma.
Portland
Los Angeles
Oakland *
San Francisco
Ogden
.
Salt Lake City
.. . .
...
I
1. 77fi
2.021
4,350
2,903
16,521
3,368
1,421
11,883
18,180
3,794
39,914
1,370
3,252
176
960
2
777
313
151
865
245
17
258
356
137
200
271
1,673
137
252
1,266
2,311
2,828
2,905
1,578
8,184
91
278
2,634
194
329
1,961
67
4,899
46
260
501
102
569
19
149
178
259
140
34
79
332
1
830
821
1,338
178
159
141
55
3
38
217
427
88
1,030
230
222
880
121
107
4
100
15
116
3,017
44
147
2,909
80
65
4
24
13
28
89
199
1,376
85
10
1
30
364
262
271
83
5
4
£2
795
223
28
30
173
933
215
53
3
COUNTRY BANKS.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States.,
NewYsrk
New J&me r
Delaware .
Maryland
Total Eastern States
Virginia...
West Virginia
North Carolina
South Carolina
Georgia .
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
,
10
120,215
8,206
30,114
50,374
33,173
3,642
2,523
850
32
14,377
250
16,482
10,015
170,038
290,253
94,747
70,547
177,568
2,371
9,685
18,423
23,296
26.556
394
1,993
62,845
50,669
113,430
986
5,586
33,579
26,839
63,534
1,455
6,294
43,549
27,053
85,039
635
5,320
2,452
1,689
5,103
108
296
1,938
1,323
4,235
19
196
686
685
91
1,409
412
112
108
1,627
6
111
10,771
9,335
19,764
771
1,322
373
3
10
23,407
12,743
27,362
343
1,966
13,815
5,254
13,888
253
926
211,968
158,998
362,320
4,973
24,128
306,715
229,545
539,888
7,344
33,813
354,918
70,662
233,516
131,701
161,596
9,648
7,711
2,888
1,835
41,963
910
65,821
34,136
762,387
1,117,305
30,055
21,430
I*, 841
2,926
1,472
1,796
1,984
2,266
1,977
2,484
3,526
4,856
1,130
811
1,750
546
526
236
2,934
1,728
3,303
68
33
51
591
345
181
10, i P,
12,181
13 481
5,423
5,669
40 168
7,874
21 254
9,746
21
145
49
18
56
38
112
295
548
105
31
52
570
544
147
239
667
376
549
186
44,862
36,446
18,935
12,782
13,017
20,988
19,922
10,840
8,974
49,027
10,786
30,501
14,806
203,256
291,886
513
156
613
69
446
252
776
982
365
293
110
223
188
121
715
783
585
1,787
1,123
1,569
640
318
21
1,895
347
227
59
1,304
361
1,326
270
1,500
1,179
21,009
8,754
7,866
16,840
635
650
454
544
286
526
218
275
2,074
300
632
377
8,101
306
231
529
711
225
64
119
876
148
984
12
97
17
1
8
19
5
484
1 380
7
19
33
405
702
31
5
192
192
14,807
15,016
4,094
2,421
2,244
8,807
6,441
5,417
3,305
8,859
2,912
9,247
5,060
176
6,188
2,328
88,630
7
31
77
461
98
84
179
2,227
777
1,004
651
127
226
57
43
255
3,545
8,643
821
4,359
605
389
124
1,613
4
616
284
330
33
102
58
11
United States Government, domestic, and foreign bonds, securities, etc., owned by national banks June SO, 1922—Continued.
Foreign government bonds.
Domestic securities.
Cities, States, and Territories.
Total
bonds,
United
Other stocks,
all
States
foreign securi- Total
bonds
Collater- Bonds
Govern- State,
Other
of the Bonds bonds ties,
etc.
and
al
trust
ment
of Claims,
and
securiRail- public
and Russian, of other securiAll Stock of Stock
securi- county,
warother
Judgties.
or mu- road service other Federal
other German,
foreign
than
ties.
rants,
reserve
corporaments.
or
Austies.
nicipal bonds. corporacorporabonds. bank. tions.
governUnited
tion
etc.
trian
bonds.
tion
States.
ments.
bonds.
notes. Governments.
COUNTBY BANKS—-continued.
Ohio.
India
53,772
40,005
61,960
20,450
24,428
21,994
25,293
10,744
niino
Michigan
Wisconsin
Iowa
..\\\* ".".".*." .".*." .*.*.""
Total Middle Western
States
North Dakota
South Dakota
Nebraska
Kansas
Montana
33,394
7,942
19,900
17,896
8,291
8,374
1,201
1,955
9,405
5,307
5,999
4,170
2,386
1,531
683
304
258,646
29,785
6,913
6,098
9,979
16,279
6,385
3,788
8,508
3,314
17,312
65
135
123
242
20
159
545
86
11
New Mexico
Total Western States
Washington
Oregon
Canfernia
Idaho
Utah
36,056
78,526
13,898
1,386
2,288
11,171
9,582
41,806
5,693
1,227
4,188
3,850
22,881
760
521
342
1,967
37
11
743
349
6,154
87
17
153 |
4,249
2,110
3,885
771
1,494
438
111
200
18,093
7,356
11,881
8 108
6,017
4,298
1,080
556
1,971
1,092
1,780
606
730
905
991
324
690
408
522
264
176
135
613
13
544
266
4,847
607
724
7,526
2,735
513
57,389
8,399
2,821
17,762
157
753
235
494
810
617
1,343
186
516
322
276
480
643
342
178
367
134
776
51
26
17
24
73
67
415
81
33
3,434
1,659
941
1,504
2,413
894
1,816
313
7,303
110
99
169
87
104
13
93
62
326
3,468
787
20,277
1,063
§95
296
294
1,151
229
35
89
69
541
134
13
1,611
2,116
1,890
2,565
75
80
82
167
13
259
33
380
4
5,111
I 1,502
j
583
i 6,811
!
254
33
48
122
477
24
65
228
262
33
1,364
13,258
198
18
* 137
19
9
7
5
248
51
101
22
6,071
2,645
3,242
3,094
1,634
1,662
332
161
4,395
2,070
1,257
3,958
939
894
174
53
85,058
35,251
64,131
45,033
28,095
27,439
9,146
4,413
138,830
75,256
126,091
65,483
52,523
49,433
34,439
18,841
13,740
298,566
557,212
235
103
240
203
333
94
122
25
16
3
SO
72
51
67
7
221
5
214
5,183
3,551
2,667
7,262
6,073
2,386
9,106
1,297
13,411
670
===
602
411
942
87
24
50,936
129,462
11,220
8,523
45,108
4,357
384
18,105
86,914
10,050
1,611
1,371
1,331
395
2,300
78
10
12,096
9,649
12,646
23,541
12,458
6,124
17,614.
4,611
30,723
3
n
a
a
o
a
|
Nevada
Arizona . .
Total Pacific States
Alaska (nonmember banks)
Hawaii (nonmember banks)
Total (nonmember banks).
2,167
3,539
635
621
73
5
69
34
76
180
59
90
34
111
75,185
33,115
2,956
7,453
9,439
2,154
991
758
2,400
25
524
29~
19
12
199
3,158
549
29
19
211
21
258
8,509
23
25
465
676
18
23
10
1,023
1,324
3,190
4,863
4,137
2,026
71,939
147,124
87
727
845
3,127
814
3,972
2
4
4
2
Total country banks
1,093,904 246,392 306,540 235,757 283,759
35,412
18,378
58,933
5,580
75,228
1,576
112,840
62,915 1,443,310 2,537,214
Total United States
2,285,459 414,414 486,453 318,456 423,040
70,575
59,170
80,889
6,838
168,082
3,027
159,027
87,895 2,277,866 4,563,325
i
a
c
c
hrj
d
io
*
CO
44
KEPORT OF THE COMPTROLLER OF THE CURRENCY.
UNITED STATES GOVERNMENT SECURITIES OWNED BY
NATIONAL BANKS IN RESERVE CITIES AND STATES.
A classification of holdings of national banks in central reserve
cities, reserve cities, and elsewhere in each State of United States
Government securities is shown in the following statement as of
June 30, 1922:
United States Government securities owned by national banks, June 30, 1922.
[In thousands of dollars.]
Cities, States, and Territories.
Liberty
loan
bonds,
all
issues.
War
United
other
Short- All
savings
States
issues of
term
Victory certificertifinotes. cates and cates of Treasury United
States
ndebted- notes.
thrift
bonds.
ness.
stamps.
Total.
CENTRAL RESEBVE CITIES.
New York
Chicago
St. Louis
Total
191,875
10,965
2,358
903
738
57,018
11,699
3,691
211,949
21,153
3,965
41,142
1,835
9,781
503,893
46,560
20,538
205,198
3,549
72,408
237,067
52,758
570,991
6,161
1,084
110
790
7,043
1,797
2,237
855
756
200
3,028
10,225
1,442
430
85
6,319
11,217
243
1,382
101
545
660
2,504
1,854
874
2,806
7,440
23,244
6,220
5,864
2,864
1,932
3,939
41,539
8,055
4,121
5,484
50,205
71,206
13,898
16,705
6,987
5,416
ALL OTHER RESERVE CITIES.
Bostoa
Albany
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
Charleston
Atlanta
Savannah
Jacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
Little Rock
Louisville
Chattanooga
Memphis...
Nashville
Cincinnati.
Cleveland
Columbus
Toledo
Indianapolis
Chicago
Peoria
Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Paul
Cedar Rapids
DesMoines
Dubuque
Sioux City
Kansas City, Mo
St. Joseph
Lincoln
Omaha
Kansas City, Kans
Topeka
Wichita
Helena
Denver
Pueblo
Muskogee
Oklahoma
City
Tulsa
.
22,644
3,670
2,704
1,784
22,024
34,763
5,065
8,437
3,253
2,585
890
76
2,412
878
1,708
3,902
958
1,142
350
4,649
1,497
74
298
4,008
66
1,273
3,744
8,154
4,648
5,103
2,421
3,524
4,159
1,160
12,775
1,080
701
3,912
11,881
656
785
545
1,682
3,616
714
187
1,905
360
297
2,424
165
7,354
1,242
531
2,904
1,410
17
7,353
184
133
161
11
154
1,413
49
25
3
40
30
27
359
18
5
2
147
1
131
164
149
129
231
408
1
10
164
9
13
11
7
95
111
426
16
24
255
256
1,044
3,653
55
217
75
3,657
'"in
52
748
130
101
176
2,286
143
850
9
850
1,154
143
1,774
3
307
3,922
2,284
253
1
1,934
154
100
2,107
83
170
4
7
12
133
82
72
141
655
50
1,541
90
60
376
*7,*626"
1,411
1 753
1,576
4,833
1,615
1,600
405
5,095
3,774
1,800
385
4,319
2,631
860
10
4,945
581
2,219
500
2,334
2,363
574
2,940
365
743
1,586
6,660
532
254
231
54
2,533
743
100
32
54
150
62
4,299
46
227
2,335
7,906
4,570
3,234
2,500
5,569
1,566
2,573
2,266
2,017
3,783
2,796
1,285
550
1,565
392
981
2,123
887
588
2,336
504
924
100
356
1,984
400
1,272
1,086
976
8 5
&
6,478
2,990
4,355
16,048
2,615
3,802
848
13,551
5,367
1,934
685
16,246
2,828
2,365
6,431
23,440
10,072
11,640
5,431
12,366
9,658
4,459
19,758
3,476
5,534
12,380
22,119
2,004
2,616
1,175
3,185
10,317
2,498
875
6,874
997
1,469
2,934
590
15,191
1,776
2,021
4,350
2,903
REPORT OF THE. COMPTROLLER OF THE CURRENCY.
45
United States Government securities owned by national bankst June 30,1922—Continued.
Cities, States, and Territories.
Liberty
loan
bonds,
all
issues.
Victory
notes.
War
United
other
savings
Short- All
States
issues of
certifiterm
certificates and cates of Treasury United
States
thrift indebted- notes.
bonds.
stamps.
Total.
ALL OTHER RESERVE CITIES—COn.
6,167
707
315
5,977
5,324
1,827
15,686
414
918
1,163
8
9
86
521
100
1,013
Total all other reserve
cities
258,484
15,928
122
Total all reserve cities
463,682
19,477
133
5,382
4,495
1,921
187
85
135
623
106
586
Seattle
Spokane
Tacoma
P ortland
Los Angeles
Oakland
San Francisco
Ogden
Salt Lake City
5,004
202
107
1,260
5,868
76
2,468
1
10
2,646
16,521
3,368
1,421
11,883
18,180
3,794
39,914
1,370
3,252
206
1,538
2,451
700
2,125
5,061
1,630
17,534
954
2,112
67,924
92,979
185,127
620,564
140,332
330,046
237,885
1,191,555
515
631
43
3,819
35
989
888
665
273
6,680
682
2,528
5,733
* 5,092
4,465
17,973
4,773
13,235
12,719
10,976
6,847
50,571
8,582
30,520
290
2,435
1,403
161
3,210
COUNTRY BANKS.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
21,474
2,981
13,166
TotalNew 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
Ohio
Indiana
Illinois
Michigan.
Wisconsin
Minnesota
Iowa
Missouri
Total Middle
States
Western
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
49,419
1,722
55
6,032
11,716
51,271
120,215
46,462
39,100
84,221
1,116
5,187
3,142
2,957
5,836
47
98
111
245
147
3
10
4,279
4,582
7,828
49
270
6,334
6,851
172
34,419
16,812
66,262
1,133
3,948
94,747
70,547
177,568
2,371
9,685
176,086
12,080
516
17,008
26,654
122,574
354,918
9,565
5,536
3,145
2,526
5,613
3,169
2,033
2,232
7,079
2,867
7,137
1,587
403
473
335
353
139
316
175
146
235
1,770
137
425
342
30
22
9
5
18
49
19
13
12
103
10
17
31
228
600
246
74
341
1,167
803
148
324
3,131
810
1,041
179
279
1,375
124
26
1,843
78
460
51
19,550
10,671
8,591
6,784
7,688
4,885
9,019
3,083
2,840
26,242
3,972
12,174
7,556
30,055
21,430
14,841
10,361
10,773
12,181
13,481
5,423
5,669
60,778
5,249
338
9,092
4,744
123,055
203,256
18,837
14,833
26,031
8,458
7,306
6,015
7,301
3,430
1,383
718
1,972
629
635
457
456
172
75
31
240
32
21
14
117
13
2,428
1,420
3,402
1,158
3,273
2,173
525
1,216
1,449
1,013
2,744
945
1,465
1,407
164
244
29,600
21,990
27,571
9,228
11,728
11,928
16,730
5,669
53,772
40,005
61,960
20,450
24,428
21,994
25,293
10,744
92,211
6,422
543
15,595
9,431
134,444
258,646
1,947
1,411
2,221
4,601
1,994
6
6
3
18
6
3
19
7
27
105
181
40
697
253
161
141
5
29
159
312
27
904
2,982
866
7,180
176
98
319
533
74
109
158
47
606
4,674
4,373
7,237
10,118
4,031
2,561
5,162
2,355
8,949
6,913
6,098
9,979
16,279
6,385
3,738
8,508
3,314
17,312
24,106
2,120
95
2,066
679
49,460
78,526
61
151
296
488
40,168
7,874
21,254
9,746
46
EEPORT OF THE COMPTROLLER OF 'THE CURRENCY.
United States Government securities ovmed by national banks, June SO, 1922—Continued.
Cities, States, and Territories.
liberty
loan
bonds,
all
issues.
War
United
other
Short- All
savings ' States
issues of
term
Victory
certificertifiUnited
notes. cates and cates of Treasury
States
thrift indebted- notes.
bonds.
stamps.
ness.
Total.
COUNTRY BANKS—continued.
Washington
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Alaska (nonmember banks)
Hawaii (nonmember banks)
5,806
4 295
19,114
1,832
517
742
1,992
534
624
1,960
183
71
76
123
17
22
64
3
3
5
4
514
232
1,921
83
40
55
25
1,110
174
840
45
34,298
3,571
118
2,870
378
1,195
38
21
2
50
3,190
4,235
17,907
3,547
596
1,239
1,395
11,171
9,582
41,806
5,693
1 227
2,167
3,539
2,219
32,109
75,185
732
292
450
7582,400
50
1,573
59
2
50
732
742
3,158
Total country banks
438,471
31,223
1,667
52,713
56,175
513,655
1,093,904
Total United States
902,153
50,700
1,800
193,045
386,221
751,540
2,285,459
Total (nonmemberbanks).
SAVINGS DEPOSITORS AND DEPOSITS IN NATIONAL BANKS.
On June 30, 1922, the returns from 5,785 national banks operating
savings departments or carrying savings accounts showed savings
depositors to the number of 8,875,088, with credit balances of
$3,046,647,000.
By reference to the following statement showing information with
respect to savings depositors, and deposits, by central reserve cities,
reserve cities, and States, it is noted that banks in the Eastern States
report the greatest number of depositors and' largest volume of
deposits. The Middle Western States are credited with the next
largest number of depositors and amount of deposits, while the*
Southern States come next in order and the New England States, the
Pacific States, and the Western States rank in the order indicated
with respect to the number of depositors, but the banks in the New
England States are credited with the next largest volume of deposits,
the Pacific States banks coming next, the banks in the Western States
reporting the smallest amount of savings deposits in any geographical
section. The average rate of interest credited to savings deposits by
national banks according to the tabulation is 3.71 per cent.
Although national banks were requested to include in the classification of savings deposits only those deposits subject to 30 days or
more notice beiore withdrawal, it will be noted from the following
statements that the aggregate of deposits includes approximately
$85,353,000 certificates of deposit.
REPORT OF THE COMPTROLLER OF THE CTtRREHCY.
47
Savings depositors and deposits in national banks June SO, 1922.
Cities, States, and Territories.
Number
Average
of banks Number of
of sav- rate of
reporting savings Amount
interest
ings
deposits.
savings depositors.
paid.
deposits.
CENTRAL RESERVE CITIES.
New York
Chicago
St. Louis
Total
16
6
8
187,346
74,158
117,482
$71,826,000
15,269,000
27,730,000
Per cent.
3.50
3.00
3.00
30
378,986
114,825,000
3.25
10
3
4
18
10
9
14
7
4
4
1
3
2
5
4
4
2
9
2
6
2
4
2
3
4
7
3
6
3
5
18
4
3
3
4
7
5
2
3
3
5
7
4
3
8
1
2
3
1
8
2
4
9
7
9
3
1
3
7
2
4
4
5
32,801
7,727
10,162
55,123
52,044
20,040
73,332
62,236
10,237
77,270
2,500
34,482
27,476
17,133
20,323
16,616
6,838
37,584
1,655
5,901
1,984
31,712
18,251
14,232
26,322
28,655
36,447
30,795
23,525
5,604
124,307
20,619
4,094
23,931
58,551
57,640
29,386
12,400
8,850
6,065
18,944
21,442
7,192
4,61639,561
1,850
2,088
15,628
1,996
33,788
3,184
4,828
16,286
18,242
64,478
29,376
10,253
65,305
35,930
2,419
34,671
5,375
12,958
25,828,000
8,618,000
7,137,000
20,946,000
27,453,000
11,915,000
21,394,000
19,144,000
9,538,000
15,982,000
372,000
15,243,000
11,162,000
7,095,000
6,664,000
5,698,000
3,787,000
16,178,000
1,020,000
2,427,000
768,000
9,030,000
10,623,000
3,088,000
8,886,000
11,305,000
17 394 000
5,301,000
7,289,000
1,209,000
28,597,000
6,727,000
16,566,000
10,608,000
17,693,000
15,216,000
13,098,000
3,806,000
3,016,000
1,945,000
4,978,000
3,114,000
4,380,000
789,000
7,056,000
370,000
96,000
3,475,000
1,029,000
28,808,000
1,960,000
1,350,000
5,572,000
6,085,000
22,198,000
11,378,000
4,631,000
24,876,000
37,667,000
3,105,000
21,721,000
2,306,000
3,356,000
4.50
3.50
4.00
3.25
3.75
4.00
3.25
3.00
4.00
3.50
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
3.25
4.00
3.00
4.00
3.00
4.00
3.06
3.00
3.00
3.00
3.00
3.00
3.25
3.00
4.00
3.25
4.00
4.00
4.00
3.00
3.00
4.00
4.00
3.25
3.00
3.00
4.00
4.00
4.00
3.00
4.00
4.00
4.00
3.00
3.50
3.00
3.00
3.75
3.50
3.75
4.00
4.00
ALL OTHER RESERVE CITIES,
Boston
Albany
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
Charleston
Atlanta
Savannah
Jacksonville
Birmingham
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
Little Rock
Louisville
Chattanooga
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis
Chicago
Peoria
Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Paul
Cedar Rapids
Des Moines
D ubuque
Sioux City
Kansas City, Mo
St. Joseph
Lincoln
Omaha
Kansas City, Kans
Topeka
Wichita
Helena
Denver
Pueblo
Muskogee
Oklahoma City
Tulsa
Seattle
Spokane
Tacoma
Portland
Los Aageles
Oakland
San Francisco
Ogdea
Salt Lake City
?.....
Total all other reserve cities
314
1,585,260
630,066,000
3.50
Total all reserve cities
sir
1,964,246
744,891,000
3.50
48
REPORT OF THE COMPTROI^LER OF THE CURRENCY.
Savings depositors and deposits in national banks June 30, 1922—Continued.
Cities, States, and Territories.
Number
of banks Number of Amount of savrate of
reporting
savings depositors. ings deposits. interest
paid.
deposits.
COUNTRY BANKS.
135,692
35,448
54,867
10,085
90,370
$56,718,000
9,054,000
21,613,000
115,656,000
9,917,000
34,467,000
241
398~
208
751
15
73
672,348
247,425,000
4.00
730,105
469,196
1,522,092
8,823
93,518
301,134,000
198,450,000
474,408,000
4,849,000
48,170,000
3.75
3.50
3.50
4.00
3.75
1,445
2,823,734
1,027,011,000
3T75
154
108
76
72
61
56
66
16
20
89
40
58
49
229,940
136,411
120,740
65,138
45,610
60,295
48,467
17,819
42,429
21,602
46,521
57,771
81,492,000
47,687,000
34,467,000
30,208,000
14,333,000
21,400,000
17,773,000
7,820,000
10,336,000
16,821,000
7,613,000
17,836,000
15,003,000
3.75
3.50
4.00
4.50
4.50
4.00
4.00
4.00
4.00
4.00
4.00
3.50
3.50
865
919,637
,322,789,000
4.00
258
160
375
110
142
288
232
49
416,456
184,473
366,234
287,709
271,467
214,039
143,381
25,564
107,119,000
52,118,000
106,537,000
96,247,000
65,426,000
52,170,000
33,806,000
5,209,000
4.00
3.75
3.50
3.25
3.50
4.50
4.25
3.50
1,909,323
518,632,000
3.75
115
99
70
121
83
41
93
28
141
36,530
35,465
22,752
50,673
33,661
25,332
43,034
11,719
41,487
7,834,000
7,307,000
3,218,000
6,386,000
12,782,000
7,428,000
12,999,000
2,701,000
6,570,000
5.00
4.95
4.25
3.25
4.25
4.25
4.00
4.00
4.00
791
300,653
• 60,990
31,925
140,502
27,894
4,975
8,514
67,225,000
4.22
90
67
210
71
15
9
20
22,353,000
8,117,000
69,809,000
7,219,000
2,389,000
3,627,000
4,567,000
4.00
3.75
4.00
4.50
4.00
4.00
4.00
482
283,386
118,081,000
4.00
590
1,171
334,000
259,000
350
4.00
3.75
Total New England States.
New Y o r k . . . .
New Jersey...
Pennsylvania.
Delaware......
Maryland
.
Total Eastern States.
Virginia
West Virginia...
North Carolina.,
South Carolina.,
Georgia
Florida
Alabama
,
Mississippi
,
Louisiana
,
Texas
Arkansas
Kentucky
Tennessee.
Total Southern States.
Ohio
Indiana
Illinois.....
Michigan...
Wisconsin..
Minnesota..
Iowa
Missouri....
Total Middle Western States.
1,614
—
Per cent.
4.00.
3.50
4.00
4.50
4.00
4.00
41
19
39
105
4
33
Maine
New Hampshire.
Vermont.
Massachusetts
Rhode Island
Connecticut
•
•
North Dakota..
South Dakota..
Nebraska
Kansas
Montana
Wyoming
..
Colorado
New Mexico....
Oklahoma......
Total Western States..
Washington.
Oregon
California...,
Idaho
,
Utah
Nevada
Arizona
Total Pacific States.
—
Alaska (nonmember banks)..
Hawaii (nonmember banks)..
Total (nonmember banks).
1,761
593,000
Total country banks
5,441
6,910,842
2,301,756,000
3.93
Total United States
5,785
8,875,088 13,046,647,000
3.71
»Includes approximately $85,353,000 certificates of deposit.
KEPOKT OF THE COMPTBOI^LER OF THE CURBElsrCY.
49
SAVINGS DEPOSITORS AND DEPOSITS IN NATIONAL BANKS
IN EACH STATE (INCLUDING RESERVE €ITIES), JUNE 30, 1922.
Number
of banks Number of Amount of sav- Average
rate of
eporting savings
savings depositors. ings deposits. interest
paid.
deposits.
States and Territories.
Maine
New Hampshire
Vermont
4
33
$56,718,000
9054,000
21,613,000
141,484,000
9,917,000
34,467,000
251
705,149
273,253,000
4.00
421
208
779
15
82
14
935,340
469,196
1,629,259
8,823
113,558
73,332
388,715,000
198,450,000
522,807,000
4,849,000
60,085,000
21,394,000
3.75
3.50
3.50
4.00
4.00
3.25
1,519
3,229,508
1,196,300,000
3.75
161
108
76
20
121
42
62
58
292,176
136,411
120,740
75,375
125,380
94,777
75,943
17,819
26,894
148,479
23,586
78,233
116,576
100,636,000
47,687,000
34,467,000
39,746,000
30,687,000
36,643,000
28,935,000
7,820,000
10,336,000
59,690,000
8,381,000
26,866,000
37,600,000
3T50
3.50
4.00
4.25
4.00
4.00
4.00
4.00
4.00
4.00
4.00
3.50
3.75
933
1,332,389
469,494,000
4.00
277
165
403
116
146
300
245
68
535,878
190,077
585,318
315,734
330,018
301,065
189,640
171,680
148,408,000
53,327,000
157 130,000
123,421,000
83,119,000
80,484,000
47,551,000
40,433,000
3.50
3.50
3.00
3.25
3.25
4.00
3.75
3.50
1,720
2,619,410
733,873,000
3.50
115
99
81
161
36,530
35,465
66,929
70,239
35,657
25,332
80,006
11,719
80,843
7,834,000
7 307,000
11,063,000
10,327,000
13,811,000
7,428,000
43,767,000
2,701,000
19,577,000
5.00
4.95
3.75
3.25
4.50
4.25
3.75
4.00
4.00
839
442,720
123,815,000
4.16
103
70
165,097
97,230
213,522
27,894
26,919
4,975
8,514
544,151
60,560,000
32,993,000
132,302,000
7,219,000
8,051,000
3,627,000
4,567,000
249,319,000
3.25
3.25
3.75
4.50
4.00
4.00
4.00
3.75
590
1,171
1,761.
334,000
259,000
593,000
3T50
4.00
3.75
8,875,088 13,046,647,000
3.71
41
19
39
115
Rhode Island
Connecticut
Total New England States
New York
. .
New Jersey
Pennsylvania
Delaware
Maryland
Washington, D. C
.
.
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina. .
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
".
Arkansas
Kentucky
Tennessee
.
-
.
.
76
66
59
68
16
. . . .
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
127
84
41
103
28
.
Total Western States
Washington
Oregon
..
California
Idaho .
Utah
... .
Nevada
Arizona
Total Pacific States
223
71
24
9
20
....
520
A1 askft (n. onm Am Yinr ban Irs)
2
1
Hawaii (nonmember banks)
Tgtal (nonmember banks)
Total United States
3
5,785
1 Includes approximately $85,353,000 certificates of deposit
Per cent.
4.00
3.50
4.00
4.50
4.00
4.00
135,692
35,448
54,867
378,687
10,085
90,370
. . .
.
50
REPORT OF THE COMPTROLLER OF THE CURRENCY.
RELATION OF CAPITAL OP NATIONAL BANKS TO DEPOSITS,
ETC.
The variation in the proportion of the (a) capital of national banks
to individual deposits; (6) capital to loans; (c) capital to aggregate
resources; (d) capital, surplus, and profits to deposits; and (e) cash
on hand and amounts due from Feaeral reserve Tmnks to individual
deposits from 1916 to 1922, as of the date of the call immediately
following the midsummer call for reports of condition from national
banks, is shown in the following table:
Items.
Capital to individual
Capital to ioans
Capital to aggregate
resources
Capital and surplus
and other profits to
individual deposits..
Cash on hand an d balances with Federal
reserve bank to invidual deposits
Sept. 12,
1916.
Sept. 11,
1917.
Aug. 31,
1918.
Sept. 12,
1919.
Sept. 8,
1920.
Sept. 6,
1921.
Sept. IS,
1922.
$1.00-$7.66 $1.00-S8.96 $1.00-$9. 41 $1..00-$ll. 14 $1..00-$10.89$l..60-19. 43 $1•00-$10.28
l.(X>- 7.49 1.00-8.49 1.00- 9.18 1.00- 10.13 1.00- 10.99 1.00- 9.15 1.00- 8.60
1.00-13.55 1.00-15.33 1.00-16.92 1.00- 19.38 1.00- 18.57 1.00-1S.45 1.00- 16.01
1.00- 3.83
1.00- 5.94
1.00- 4.37
1.00- 5.86
1.00- 4.47 1.00- 5.07 1.00- 4.90 l.Ofr- 4.23 1.00- 4.65
1.00- 6.20 1.00- 6.20 1.00-
6.19 1.00- 7.11 1.00- 6.78
PERCENTAGE OF THE PRINCIPAL ITEMS OF ASSETS AND
LIABILITIES OF NATIONAL BANKS.
The percentages of loans and discounts of national banks, of United
States Government securities, capital, surplus and profits, and
individual deposits, to aggregate resources (including rediscounts),
are shown in the following statement, as of the date of fall reports
of national banks for years 1914 to 1922, inclusive:
Items.
Loans and discounts, including rediscounts
United States Government
securities
Total
Capital
Surplus and profits .
Deposits (individual)
Total
1914
1915
1916
1917
1918
1919
1920
• 1921
1922
55.7
55.5
55.2
55.4
54.2
52.3
59.2
59.2
6.9
6.4
5.0
6.9
13.2
14.9
9.4
9.4
11.5
62.6
61.9
60.2
62.3
67.4
67.2
68.6
68.6
65.2
9.2
8.8
53.2
8.7
8.3
53.4
7.4
7.4
56.5
6.5
6.8
58.4
5.9
6.5
55.6
5.2
6.2
57.4
5.4
6.6
58.7
6.5
7.9
61.0
6.2
7.6
64.2
71.2
70.4
71.3
71.7
68.0
68.8
70.7
75.4
78.0
53.7
PROGRESS OF NATIONAL BANKS SINCE PASSAGE OF THE
FEDERAL RESERVE ACT.
The principal items of resources and liabilities of National banks
in central reserve cities, other reserve cities and banks outside of
reserve cities, commonly referred to as country banks, as of the date
of the call in the fall of each year, from 1913 to 1922, are shown in
the statement following.
51
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Principal items of assets and liabilities of national banks, 1913-1922.
[In thousands of dollars.]
Central
reserve city
banks.
Date.
LOANS AND DISCOUNTS.
[Including overdrafts and rediscounts.]
Oct. 21,1913
Dec. 31,1914
Nov. 10,1915
Nov. 17,1916
Nov. 20,1917
Aug. 31,1918
Sept. 12,1919
Sept. 8,1920
Sept. 6,1921
Sept. 15,1922
;
.-
....
1,348,251
1,453,275
2,060,444
2,343,162
2,649,534
2,883,871
3,144,150
3,695,463
2,866,210
2,469,124
1,649,905
1,702,882
1,870,810
2,883,982
2,871,016
3,127,062
3,637,689
4,174,877
3,418,497
3^453,410
85,478
81,802
76,510
53,953
873,431
572,660
727,609
339,433
216,687
588,318
3,290,182
3,207,278
3,309,886
3,676,511
4,277,234
4,100,180
4,759,664
5,853,271
5,410,340
5,325,632
6,288,338
6,363,435
7,241,140
8,403,655
9,797,784
10,111,113
11,541,503
13,723,611
11,695,047
11,248,166
187,783
196,955
193,328
175,530
521,248
629,870
966,506
553,343
451,130
689,652
527., 264
516,321
507,927
494,990
959,504
1,263,738
1,602,478
1,282,243
1,194,160
1,124,522
800,525
795,078
777,765
724,473
2,354,183
2,466,268
3,296,593
2,175,019
1,861,977
2,402,492
207,335
230,281
285,736
345,693
405,830
311,025
313,161
284,125
274,638
299,641
251,802
317,478
324,254
402,420
427,400
410,632
411,046
374,574
405,057
496,010
647,950
722,164
733,832
961,843
1,073,552
973,413
1,082,388
1,146,880
1,294,054
1,494,131
1,107,087
1,270,443
1,343,822
1,709,956
1,906,782
1,695,070
1,806,595
1,895,579
1,973,749
2,289,782
10,178
10,507
10,941
11,519
12,763
14,362
14,139
14,367
15,210
16,690
17,472
19,198
29,200
29,252
29,547
29,050
30,238
33,290
53,517
54,126
55,698
57,259
60,473
66,850
133,560
211,776
234,057
488,006
515,94S
576,944
554,140
447,110
661,773
59,992
73,459
194,654
389,899
441,465
600,488
679,147
479,841
624,568
67,908
80,951
220,450
364,914
350,334
427,770
490,210
408,496
464, B86
261,460
366,186
649,171
1,242,819
1,307,747
1,605,202
1,723,497
1,335,447
1,651,027
242,575
185,319
210,470
285,619
247,365
213,861
230,307
137,864
94,954
105,371
586,462
444,400
708,259
788,380
685,801601,253
667,586
519,208
387,007
566,520
710,834
529,27.1
684,494
944,767
837,018
712,682
809,783
767,151
557,702
691,345
1,539,871
1,158,990
1 603 223
2,018,766
1,770,184
1,527,796
1,707,676
1,424,223
1,039,663
1,363,236%
UNITED STATES GOVEENMENT SECURITIES.
Oct. 21,1913...
Dec. 31,1914..
Nov. 10,1915..
Nov. 17,1916..
Nov. 20,1917..
Aug. 31,1918..
Sept. 12,1919..
Sept. 8,1920...
Sept. 6,1921...
Sept. 15,1922..
OTHER BONDS.*
Oct. 21,1913...
Dec. 31,1914...
Nov. 10,1915..
Nov. 17,1916..
Nov. 20,1917..
Aug. 31,1918..
Sept. 12,1919..
Sept. 8,1920...
Sept. 6,1921...
Sept. 15,1922..
STOCK IN FEDERAL RESERVE BANKS.
Nov. 10,1915..
Nov. 17,1916..
Nov. 20,1917..
Aug. 31,1918..
Sept. 12,1919..
Sept. 8,1920...
DUE FROM FEDERAL RESERVE BANKS.2
Dec. 31,1914..
Nov. 10,1915..
Nov. 17,1916..
Nov. 20,1917..
Aug. 31,1918..
Sept. 12,1919-Sept. 8,1920...
Sept. 6,1921...
Sept. 15,1922..
DUE FROM ALL OTHER BANKS.
Oct. 21, 1913...
Dec. 31,1914..
N o v . 10,1915..
N o v . 17,1916..
N o v . 20,1917..
A u g . 31,1918..
Sept. 12,1919. Sept. 8,1920...
Sept. 6,1921...
Sept. 15, 1922..
1
Includes all stocks, and securities, etc., commencing Sept. 6,1921.
2 Includes items with Federal reserve bank in process of collection.
52
BEPOBT OF THE COMPTBOLLEB OF THE CUBBEKCY.
Principal items of assets and liabilities of national banks, 1913-1922—Continued.
Bate.
Central
reserve city
banks.
Other
reserve city
banks.
380,796
264,340
445,632
358,231
118,588
87,693
97,231
98,073
64,232
52,262
256,236
203,357
204,843
217,978
148,695
99,677
116,355
121,555
87,544
81,585
304,374
267,010
269,905
282,064
248,837
176,676
225,625
251,918
206,022
198,104
2,485,195
2,599,688
3,684,992
4,176,732
5,247,833
4,995,053
5,844,951
5,965,698
4,638,167
4,853,988
3,102,543
3,154,413
3,644.370
4,469,025
5,419,224
5,728,724
6,912,648
6,983,850
5,621,379
6,354,978
5,713,820
5,602,985
5,906,969
6,923,002
8,133,353
7,922,969
9,298,727
10,226,236
9,459,634
9,717,133
11,801,558
11,357,086
13,236,331
15,568,759
18,800,410
18,646,746
22,056,329
23,175,784
19,719,180
2O,926,O9J9
182,650
175,900
177,290
182,650
188,200
189,850
200,550
228,170
246,760
223,055
263,018
280,963
283,311
281,736
293,686
315,763
324,328
353,543
345,107
378,532
613,735
609,088
608,048
606,730
610,321
596,226
613,092
666,558
684,310
705,535
1,059,403
1,065,951
1,068,649
1,071,116
1,092,207
1,101,839
1,137,970
1,248,271
1,276,177
1,307,122
225,640
225,359
234,091
252,157
293,167
323,358
381,633
436,133
422,087
391,510
254,142
262,985
208,115
279,097
315,246
354,422
396,672
453,979
441,308
454,148
527,796
520,517
537,908
559,520
603,456
565,321
641,973
709,567
702,762
735,586
1,007,578
1,008,861
1,040,114
1,090,774
1,211,869
1,243,101
1,420,278
1,599,679
1,566,157
1,581,244
76,978
87,844
63,634
46,995
46,542
49,630
48,751
47,751
46,680
38,050
163,959
222,655
172,078
157,166
159,986
172,766
172,791
170,609
169,323
185,853
486,142
538,308
477,754
461,098
463,134
451,805
460,047
474,910
488,665
502,886
727,079
848,807
713,466
665,259
669,662
674,201
681,589
693,270
704,668
726,789
Country
banks.
Aggregate.
TOTAL CASH.
Oct. 21,1913
Dec. 31,1914
Nov. 10,1915
Nov. 17,1916
Nov. 20,1917
Aug. 31,1918
Sept. 12,1919
Sept. 8,1920
Sept. 6,1921
Sept. 15,1922...
941,408
734,706
920,380
858,273
516,120
364,136
439,211
471,546
357,798 /
331,951 ^
AGGREGATE ASSETS (INCLUDING REDISCOUNTS).
Oct. 21,1913.-Dec. 31,1914..
Nov. 10,1915..
Nov. 17; 1916..
Nov. 20,1917..
Aug. 31,1918..
Sept. 12,1919-Sept. 8,1920...
Sept. 6,1921...
Sept. 15,1922-CAPITAL STOCK.
Oct. 21,1913.-Dec. 31,1914..
Nov. 10,1915..
Nov. 17,1916..
Nov. 20,1917..
Aug. 31,1918..
Sept. 12,1919-Sept. 8,1920...
Sept. 6,1921...
Sept. 15,1922-SURPLUS AND OTHER PROFITS.
Oct. 21,1913.-Dec. 31,1914..
Nov. 10,1915..
Nov. 17, 1916..
Nov..20,1917..
Aug. 31,1918..
Sept. 12,1919-Sept. 8,1920.-.
Sept. 6,1921...
Sept. 15,1922-CIRCULATION OUTSTANDING.
Oct. 21, 1913.-Dec. 31,1914..
Nov. 10,1915..
Nov. 17,1916..
Nov. 20,1917..
Aug. 31,1918..
Sept. 12,1919..
Sept. 8,1920...
Sept. 6,1921...
Sept. 15,1922..
D U E TO ALL B A N K S . 3
Oct. 21,1913...
965,229
918,624
2,181,036
297,183
Dec. 31,1914..
878,377
1,869,771
236,026
755,368
N o v . 10,1915..
1,467,834
2,709,674
269,501
972,339
N o v . 17,1916..
1,553,234
432,312
3,348,755
1,363,209
N o v . 20,1917..
1,373,243
435,884
3,107,517
1,298,390
Aug. 31,1918..
1,349,552
321,663
2,885,936
1,214,721
Sept. 12,1919.
1,600,195
434,862
3,490,137
1,455,080
Sept. 8,1920...
1,361,572
398,008
3,102,569
1,342,989
Sept. 6,1921...
1,158,076
291,811
2,417,411
967,524
Sept. 15,1922..
1,355,766
375,977
3,013,982
1,282,239
3
Beginning Sept. 12,1919, includes certified checks and cashiers' checks outstanding heretofore included
in individual demand deposits.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
53
Principal items of assets and liabilities of national banks, 1913-1922—Continued.
Date.
Central
reserve city
banks.
Other
reserve city
banks.
992,365
1,175,524
1,618,422
1,960,715
2,789,524
2,290,436
2,695,597
2,508,519
2,174,616
2,367,231
1,304,136
1,415,490
1,660,375
2,015,366
2,646,858
2,646,452
3,203,295
3,002,659
2,498,477
3,047,596
2,683,682
2,604,461
2,793,046
3,347,997
3,972,572
3,665,444
4,371,544
4,577,911
3,789,644
4,000,733
4,980,183
5,195,475
6,071,843
7,324,078
9,358,954
8,602,332
10,270,468
10,089,039
8,462,737
9,415,560-
15,113
17,922
39,781
76,272
121,917
133,055
172,993
192,969
159,104
271,214
157,588
171,037
215,739
287,922
362,742
409,557
502,924
620,606
659,461
822,519
1,012,091
982,263
1,120,436
1,452,252
1,797,206
1,854,879
2,245,117
2,746,723
2,862,139
3,075,487
1,184,792
1,171,222
1,375,956
1,816,446
2,281,865
2,397,491
2,921,034
3,560,298
3,680,704
4,169,220
1,972,707
2,071,823
3,126,037
3,590,221
4,284,684
3,773,043
4,468,785
4,063,060
3,491,796
3,994,211
2,380,348
2,341,895
2,848,453
3,666,497
4,307,990
4,270,730
5,161,299
4,966,254
4,125,462
5,152,354
3,992,956
3,822,750
4,182,983
5,232,561
6,205,662
5,841,986
7,051,498
7,722,642
6,943,594
7,452,197
8,346,011
8,236,468
10,157,473
12,489,279
14,798,336
13,885,759
16,681,582
16,751,956
14 560,852
16,598,762
7,249
5,860
3,407
336
174,188
272,928
348,283
401,614
113,353
10,290
14,315
15,374
5,424
2,383
94.791
195,752
409,980
147,296
36,412
62,380
75,622
51,736
22,398
83,753
222,189
306,343
327,400
291,046
135,063
83,944
96,856
60,576
25,117
352,732
690,864
1,064,606
1,009,336
551,695
181,765
40,208
14,837
17,866
11,486
8,262
6,370
3,482
4,855
34,611
15,283
20,583
12,647
1,186
1,652
1,129
1,427
592
•1,252
1,239
652
463
580
365
357
75,741
31,372
39,688
24,785
9,911
8,602
4,976
16,634
57,171
76,373
125,347
160,864
242,313
147,236
114,022
10,004
35,393
66,241
109,947
150,046
159,649
64,725
65,159
170
5,667
11,031
8,478
12,316
12,621
6,219
4,188
26,808
98,231
153,645
243,772
323,226
414,583
218,180
183,369
Country
banks.
Aggregate.
DEMAND DEPOSITS.
[Including U. S. deposits.]
Oct. 21,1913...
Dec. 31,1914..
Nov. 10,1915..
Nov. 17,1916..
Nov. 20,1917..
Aug. 31,1918..
Sept. 12,1919..
Sept. 8,1920...
Sept. 6,1921...
Sept. 15,1922..
TIME DEPOSITS.*
Oct. 21, 1913...
Dec. 31,1914...
Nov. 10,1915..
Nov. 17,1916..
Nov. 20,1917..
Aug. 31,1918..
Sept. 12, 1919..
Sept. 8,1920...
Sept. 6,1921...
Sept. 15, 1922..
TOTAL DEPOSITS.
Oct. 21, 1913...
Dec. 31,1914...
Nov. 10,1915..
Nov. 17,1916..
Nov. 20,1917..
Aug. 31,1918..
Sept. 12,1919..
Sept. 8, 1920...
Sept. 6,1921...
Sept. 15, 1922..
BILLS PAYABLE.
Oct. 21,1913...
Dec. 31,1914..
Nov. 10,1915..
Nov. 17,1916..
Nov. 20,1917..
Aug. 31,1918..
Sept. 12,1919..
Sept. 8,1920...
Sept. 6,1921...
Sept. 15,1922..
LETTERS OF CREDIT.
Oct. 21,1913...
Dec. 31,1914..
Nov. 10,1915..
Nov. 17,1916..
Nov. 20,1917..
Aug. 31,1918..
Sept. 12,1919..
Sept. 8,1920...
Sept. 6,1921...
Sept. 15,1922..
ACCEPTANCES.
Oct. 21,1913...
Dec. 31,1914..
Nov. 10,1915..
Nov. 17,1916..
Nov. 20,1917..
Aug. 31,1918..
Sept. 12,1919..
Sept. 8,1920...
Sept. 6,1921...
Sept. 15,1922..
1
Beginning Sept. 11,1917, includes postal savings deposits.
54
REPORT OF THE COMPTROLLER OF THE CURRENCY.
EARNINGS, EXPENSES, AND DIVIDENDS OF NATIONAL BANKS.
In the fiscal year ended June 30, 1922, the gross earnings of national
banks amounted to $1,067,268,000, or a reduction compared with the
gross earnings for the fiscal year ended June 30, 1921, oi $134,651,000.
This reduction is accounted for principally by reason of the curtailment of the loans and discounts of these banks, the amount of interest and discount collected being reduced between these dates from
$1,105,832,000 to $955,451,000. Exchange and collection charges
amounted to $15,546,000, compared with $20,439,000 June 30, 1921,
and foreign exchange profits dropped from $21,472,000 June 30, 1921,
to $15,868,000. Very little changS is noted in the amount of collections incident to commissions and earnings from insurance premiums
and the negotiation of real estate loans authorized by section 13 of
the Federal reserve act, the respective amounts for the two periods
indicated being $1,191,000 and $1,169,000. Other miscellaneous
earnings during the year aggregated $79,234,000, compared with
$52,985,000 during the prior year.
The expenses paid bj national banks in the last fiscal year amounted
to $732,990,000, of which amount the principal item was on account
of interest paid on deposits, which totaled $294,076,000. The next
largest item of expense was on account of salaries and wages, aggregating $198,404,000, while interest and discount on borrowed money
amounted to $47,685,000, and the amount paid on account of taxes
was $79,376,000. The total of other miscellaneous expenses was
$113,449,000, leaving the net earnings of these banks, with the addition of $41,782,000, which was recovered on account of charged-off
assets, at $376,060,000, compared with $395,991,000 during the previous year.
During the current year it was necessary for national banks to
charge off $135,208,000, losses on account of loans and discounts,
compared with $76,210,000 charged off during 1921. It was also
necessary to charge off on account of bonds, securities, etc.,
$33,444,000, compared with $76,179,000 during the prior year, and
other losses charged off, including $2,073,000 on foreign exchange,
amounted to $23,738,000, compared with $27,496,000 during 1921.
The net addition to profits, after deducting the losses referred
to in the preceding paragraph, amounted to $183,670,000, which
was $32,436,000 less than the amount added to profits during the
preceding year. Dividends were declared to the amount of $165,884,000, compared with $158,158,000 in 1921. The per Cent rate of
dividends to paid-in capital stock was 12.69, compared with 12.42
for 1921, and the amount of net addition to profits during the
current year was equal to 14.05 per cent of capital, compared
with 16.97 per cent during the previous fiscal year. Including surplus and undivided profits with capital, the per cent rate of dividends
paid during the fiscal year ended June 30, 1922, was 5.82, compared
with 5.66 for 1921, and on this basis the net addition to profits was
equal to 6.45 per cent, compared with 7.73 during the preceding
fiscal year.
The comparison of earnings, expenses, and dividends of national
banks for the fiscal years ended June 30, 1921 and 1922, is shown in
the statement following.
REPORT OF THE C0MPTR0HJ5R OF THE CURRENCY.
55
Earnings, expenses, and dividends of national banks for the fiscal years ended June 30,
1921 and 1922.
[In thousands of dollars.]
June 30,
June 30,
1921—8,147 1922—8,246
banks.
banks.
Capital stock
Total surplus fund
Dividends declared
:
Gross earnings:
a) Interest and discount
6) Exchange and collection charges
' c) Foreign exchange profits.
d) Commissions and earnings from insurance premiums and the negotiation of real estate loans
(e) Other earnings
Total.
Expenses paid.
(a Salaries aad wages
Interest and discount on borrowed money.
Interest on deposits
Taxes.
Contributions to American National Red Cross.
Other expenses
1,273,237
1,026,270
158,158
1,307,199
1,049,228
165,884
1,105,832
20,439
21,472
955,451
15,546
15,868
1,191
52,985
1,169
79,234
1,201,919
1,067,268
202,726
119,396
291,828
198,404
47,685
294,076
79,376
187
128,371
Total.
Net earnings during the year
Recoveries on charged-oft assets.
Total.
Losses charged off:
(a) On loans and discounts..
(b) OH. bonds, securities, etc.
(c) Other losses
(d) On foreign exchange.
Total
Net addifeoa to profits during the year.
113,449
732,990
372,013
23,978
334,278
41,782
395,991
376,060
76,210
76,179
16,868
10,628
135,208
33,444
21,665
2,073
179,885
192,390
216,106
183,670
EARNINGS, EXPENSES, AND DIVIDENDS OF NATIONAL BANKS
IN RESERVE CITIES AND STATES.
The earnings, expenses, and dividends of national banks in reserve
cities and States and in Federal reserve districts are shown in the
following statements for the fiscal year ended June 30, 1922:
Crt
Abstract of reports of earnings, expenses, and dividends of national hanks for year ended June 30, 1922.
[In thousands of dollars.]
Expenses.
Gross earnings.
Number of Capital.
banks.
Cities, States, and Territories.
Maine
New Hampshire.
Vermont
Massachusetts
Boston
Rhode Island
Connecticut
56
49
147
13
17
64
New England States
406
New York
Albany
Brooklyn and Bronx
Buffalo
New York
New Jersey
Pennsylvania
Philadelphia
Pittsburgh
Delaware
Maryland
Baltimore
Washington, D. C
Eastern States.
Virginia
Richmond
WestVirginia
North Carolina
7,045
5,365
5,410
27,049
36,600
5,570
21,607
I
Commissions and
earnings
Capital
Exfrom
and
Surplus.
change Foreign
insurance
surplus. Interest
exand dis- and col- change
premiums
count. lection profits. and the
negotiacharges.
tion of
real-estate
loans.
4,561
4,288
2,463
19,863
38,550
4,795
14,959
11,606
9,653
7,873
46,912
75,150
10,365
36,566
5,488
2,922
2,699
19,272
23,963
3,204
10,200
89,479
198,125
67,748
45
51
29
153
378
18
95
10
7
10
33
748
9
39
856
464
3
5
4
31
229
819
33
14
18
75
12
15
46,117
2,850
2,100
3,350
179,060
29,949
76,694
29,405
28,650
1,660
5,029
13,400
7,677
34,562
3,400
1,905
1,913
220,903
28,426
94,973
57,855
24,600
1,924
4,969
12,075
5,883
80,679 38,129
3,347
6,250
4,005
2,166
5,263
2,924
399,963 153,004
58,375 27,104
171,667 63,797
87,260 28,705
53,250 17,609
3,584
993
4,732
25,475
7,572
13,560
4,885
376
48
13
38
2,429
127
491
255
107
6
23
131
43
29
2
8
25
9,511
85
166
994
335
1,722
425,941
493,388
919,329
354,967
4,087
11,222
171
7
122
86
22,468
6,100
12,092
13,290
15,572
6,900
9,427
8,415
38,040
13,000
21,519
21,705
13,234
171
97
67
8,078
10
35
Other
earnings.
Interest
disTotal
Total Salaries and
Other
count Interest
exon de- Taxes.
exgross
and on
borpenses
penses. paid.
earnings. wages. rowed posits.
money.
473
221
158
1,916
2,818
230
1,031
6,016
3,201
2,896
21,382
27,907
3,463
11,365
814
705
-537
3,648
4,043
483
2,255
106
175
124
395
551
23
398
2,457
545
912
7,224
7,845
1,114
6,847
76,230
12,485
1,772
3,482
320
166
155
17,923
2,548
5,649
2,707
2,579
37
193
492
477
42,022
3,717
2,353
3,142
182,867
29,877
70,119
32,661
20,630
1,036
4,949
8,231
5,435
36,728
752
368
644
323
2,749
240
141
200
1,704
3,491
223
806
523
481
280
2,387
2,454
369
1,236
4,140
2,047
2,053
15,358
18,384
2,212
7,444
22,846
6,805
7,730
51,638
7,040
480
479
544
28,888
5,177
10,918
4,958
3,079
211
808
1,346
1,220
1,044 14,786
54 1,316
31
572
88 1,223
4,656 50,763
971 9,900
2,117 22,273
1 777 7,884
675 6,244
297
57
174 1,952
674 1,698
176 1,228
2,073
159
116
211
11,535
1,253
3,093
1,917
1,341
49
265
640
496
4,204
29,147
395
2,404
276
1,474
285
2,351
16,409 112,251
3,045 20,346
. 5,972 44,373
19,759
3,223
13,815
2,476
75
409
811
5,169
585
3,705
407,039
65,148
12,494 120,136
23,148
38,165
259,091
14,185
5,315
9,592
8,671
2,532
965
1,648
1,702
3,803
1,371
2,962
2,067
776
365
801
1,447
520
1,000
9,940
3,615
6,785
6,501
1,382
394
374
1,160
South Carolina
Charleston
Georgia
Atlanta
Savannah
Florida
Jacksonville
Alabama
Birmingham
Mississippi
Louisiana
New Orleans
Texas
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
Arkansas
Little Rock
Kentucky
Louisville
Tennessee
Chattanooga
Memphis
Nashville
Southern States
Ohio
Cincinnati
Cleveland
Columbus
Toledo
Indiana
Indianapolis
Illinois
Chicago, central reserve...
Chicago, other reserve
Peoria
Michigan
Detroit
Grand Rapids
Wisconsin
Milwaukee
Minnesota
Minneapolis
St. Paul
2
132
4
92
2
3
4
10,240
1,900
10,548
3,950
300
6,195
1,600
11,090
1,750
4,035
5,900
2,800
42,392
7,150
2,000
3,050
400
6,450
4,750
2,050
6,948
600
13,358
4,500
8,409
2,500
1,400
3,100
4,788
1,540
7,398
4,550
47
3,464
1,100
6,416
1,550
2,649
3,250
2,000
25,772
3,860
437
2,300
400
3,300
1,660
565
3,085
260
8,025
4,300
4,269
1,500
1,000
2,270
1,676
223,315
142,069
353
7
3
7
3
245
6
469
9
18
4
113
3
3
151
4
330
7
38,050
13,400
4,800
4,400
2,500
24,013
6,700
35,790
49,550
3,175
2,100
12,475
8,500
2,100
16,885
8,000
19,001
12,000
6,900
27,686
7,400
2,935
4,600
3,500
12,391
3,230
23,834
41,100
938
2,750
8,107
5,000
1,275
8,025
4,800
11,228
7,950
3,918
78
4
92
4
1
59
3
105
2
31
33
1
516
6
4
5
2
15,028
3,440
17,946
8,500
347
9,659
2,700
17,506
3,300
5,872
1,308
5,508
3,429
86
4,429
2,222
5,594
1,589
3,031
4,189
1,717
23,305
4,205
1,719
2,593
496
4,374
1,978
979
4,096
443
7,265
4,116
5,098
1,755
994
2,824
110
231
169
207
1
144
183
188
6
148
88
81
612
223
22
102
53
120
42
69
112
12
31
24
107
28
70
126
365,384 140,230
—
65,736 25,858
6,202
20,800
3,528
7,735
3,334
9,000
2,053
6,000
36,404 14,519
9,930
3,634
59,624 24,397
90,650 36,809
4,113
2,390
4,850
1,357
20,582 10,902
6,568
13,500
1,519
3,375
24,910 11,789
12,800
6,363
30,229 16,454
19,950
7,880
5,469
10,818
9,150
4,800
68,164
11,010
2,437
5,350
800
9,750
6,410
2,615
10,033
860
21,383
8,800
12,678
4,000
2,400
5,370
9
5
1
4
8
3
7
70
26
6
8
13
7
1
333
121
193
288
7
321
116
233
178
158
278
435
1,035
342
122
146
1
556
210
24
151
11
370
125
276
120
109
104
7
16
3
10
3
2
3,910
221
66
8,450
217
100
9
32
35
187
61
275
1,231
30
33
149
15
39
144
72
315
435
129
48
35
50
1
4
32
23
23
875
2
1,484
1,226
739
694
11
972
406
1,329
2 936
323
42
820
329
85
674
583
777
137
635
2
17
283
1,220
305
205
882
95
1,436
1,023
1,400
581
227
728
653
113
616
628
12
662
357
679
214
429
558
278
3,113
507
241
380
41
796
283
120
612
55
792
393
597
179
128
272
3,583
1,928
4,213
1,257
2,450
3,443
1,648
17,892
3,211
1,507
2,113
464
3,585
1,498
764
3,129
388
5,093
2,894
3,974
1,353
805
1,944
152,877 31,936
12,589 34,190
12,845
17,655
109,215
5,164
1,315
639
743
327
3,225
886
5,713
5,921
671
251
2,105
1,085
289
2,450
1,147
3,558
1,795
1,020
• 680 8,749
130 1,792
268 1,420
87 1,072
734
18
518 4,354
713
136
985 6,595
643 10,460
813
21
339
328 4,133
321 2,331
455
83
537 3,780
587 1,682
825 6,863
602 2,059
242 1,650
2,295
684
356
306
253
1,490
532
2,178
5,336
155
159
787
585
112
1,121
394
1,298
800
430
2,872
498
413
591
252
1,584
445
2,866
3,788
464
99
1,385
820
312
1,429
744
1,937
1,011
698 i
1,137
203
1,256
925
15
1,094
531
1,388
313
699
1,000
501
6,343
1,149
484
618
95
1,010
564
213
1,024
122
1,614
693
1,141
297
220
440
993
263
916
90
24
233
59
533
6
253
501
203
2,071
224
238
112
6
164
141
94
373
71
393
311
414
176
114
303
1,425
429
1,041
946
11
1,156
822
1,070
532
637
1,009
323
4,066
928
466
4,735
1,113
4,355
2,964
527
105
526
375
9
438
159
543
192
432
375
343
2,299
403
78
262
39
395
205
132
238
45
858
474
422
120
116
201
6,324
1,665
5,875
3,924
94
4,905
2,521
6,022
1,773
3,337
4,555
2,303
24,984
4,770
1,871
2,854
557
5,050
2,231
1,072
4,376
482
7,671
4,282
5,486
1,903
1,173
3,054
741
•
193
34
24
43
102
6
8
61
11
18
56
4
51
285
7
27,609
7,563
4,326
4,061
2,285
15,721
4,124
26,058
41,851
2,767
1,432
11,918
7,014
1,649
12,666
7,079
17,842
8,477
6,289
19,760
4,419
3,096
2,799
1,584
11,171
2,712
18,337
26,148
2,124
848
8,738
5,142
1,251
9,317
4,554
14,481
6,267
4,040
Abstract of reports of earnings, expenses, and dividends of national banks for year ended June SO, 1922—Continued.
Gross earnings.
00
Expenses.
Commissions and
NumCities, States, and Territories. ber of Capital. Surplus.
banks.
336
2
3
3
5
110
12
4
20,700
800
2,500
525
1,500
6,950
8,400
1,100
26,150
11,991
700
1,400
255
945
Middle Western States.. 2,224
Iowa
Cedar Rapids
Des Moines
Dubuque
Sioux City
Missouri
Kansas City
St. Joseph
St. Louis
North Dakota..
South Dakota
Nebraska
Lincoln
Omaha
Kansas
Kansas City
Topeka
Wichita
Montana
Helena
Wyoming
Colorado
Denver
Pueblo
New Mexico
182
134
168
4
10
258
2
4
3
130
2
47
133
8
2
47
Interest
Capital
Ex- Foreign
from
disand
Interest
insurance Other Total Salaries and
count Interest
surplus. and
exon de- Taxes.
dis- and col- change premiums earngross _ and on
borcount. lection profits. and the
ings. earnings.
rowed posits.
negotiacharges.
money.
tion of
real-estate
loans.
4,520
900
9,275
32,691
1,500
3,900
780
2,445
10,796
12,920
2,000
35,425
16,461
1,211
2,108
365
1,736
4,100
7,138
1,287
11,681
160
10
20
6
36
25
143
48
326
73
338,964
214,499
553,463
237,112
4,282
1,513
7,220
6,265
8,945
1,425
6,950
13,947
800
900
2,200
7,840
450
3,195
7,525
4,150
600
3,285
3,504
3,037
5,541
825
3,700
10,724
9,302
14,486
2,250
10,650
21,755
1,300
1,145
3,425
11,436
775
6,048
12,109
7,989
1,710
5,078
6,137
5,901
6,598
101
66
68
6
91
85
2
7
50
500
245
1,225
3,596
325
2,853
4,584
3,839
1,110
1,793
930
5,784
9,444
501
530
1,363
5,514
353
3,512
6,194
5,059
667
2,823
32
54
104
4
19
12
Other
ex-
Total
expenses
paid.
555
81
57
27
111
67
484
40
728
17,346
1,302
2,185
398
1,884
4,197
7,772
1,375
12,808
3,500
181
367
70
419
1,026
1,638
316
2,549
232
130
6
209
235
561
56
331
5,260
375
700
154
485
1,001
1,973
466
3,357
1,074
66
109
41
73
361
792
92
1,367
1,766
113
194
40
304
505
948
199
1,278
13,461
967
1,500
311
1,490
3,128
5,912
1,129
557
16,534
259,998
48,370
10,632
73,765
23,246
27,555
183,568
79
92
40
231
230
205
48
244
411
48
36
193
315
18
119
302
330
84
112
1,552
1,465
1,612
222
1,317
2,545
113
137
320
1,362
89
784
1,698
1,043
119
666
614
630
493
86
473
433
18
2,610
2,365
2,088
227
1,478
2,338
137
158
415
1,691
101
1,078
1,366
1,964
137
670
408
657
83
471
1,002
43
* 44
149
388
23
283
661
292
80
291
158
11
4
1
57
27
4
55
5
5
14
6
7
1
6,551
6,293
6,923
984
6,187
9,971
552
, 573
1,606
5,957
377
3,674
6,562
5,508
755
2,963
66
645
7
169
526
159
23
353
5,992
5,670
5,627
738
4,590
7,616
379
407
1,192
4,900
255
2,823
5,097
4,108
432
2,351
Oklahoma
Oklahoma Citv
Tulsa
Western States
423
4
9
7
19,685
1 250
3 300
4J400
5,834
25,519
1 620
4 990
5,930
12,740
2 590
3,068
239
36
84
26
1
1 690
1,530
1,577
104,332
53,909
158,241
80,609
1,149
64
94
10
3
3,502
2,555
600
3,420
2,250
11,933
4,947
1,320
18 700
2,179
373
Washington .
Seattle
Spokane
Tacoma
Oregon
Portland
California
Los Angeles
Oakland
San Francisco
Idaho
Utah
Ogden
Salt Lake City
Nevada....
Arizona
93
3
280
7
2
7
79
15
4
5
11
22
6,330
6,100
2 600
1,000
6,315
5,000
26,276
9,300
1,600
28,000
5,240
780
1.000
2,350
1,460
1,900
Pacific States
636
Alaska-nonmember
Hawaii-nonmember
Total nonmember banks
Total United States
370
901
10
383
4,281
3,967
18,274
8,719
1 318
15,868
4,108
573
590
985
9,832
8,655
3,200
1,250
9,735
7,250
38,209
14,247
2,920
46,700
7,419
1,153
1,500
3,610
2,050
2,885
1,859
7
21
9
50
105,251
55,364
160,615
74,440
3
2
150
600
80
440
1,040
230
83
262
5
750
520
1,270
345
26
4
2
8,246 1,307,199 1,049,228 ]2,356,427
955,451
15,546
15,868
1,169
1
250
500
1,260
4,742
4,933
1 928
707
612
1 690
861
90
316
75
28
513
78
524
136
13,503
1,015
3 198
3,230
3,832
4,177
86,382
20,646
6,246
23,613
7,005
11,934
69,444
5,229
5,852
2 139
1,326
1,519
445
179
13
65
1,285
1,479
513
416
378
161
759
856
316
3,965
4,245
1,500
205
741
824
1,110
34
195
212
2,921
257
735
877
1,261
119
142
280
2,303
139
569
511
11,427
754
2,382
2,704
13
61
22
26
358
542
114
27
762
4
66
43
101
4
1 645
' 4
2
5
4,593
4,325
20,464
9,482
1,507
19 495
4*339
613
1,196
1,066
5,372
2,162
362
3,532
1,073
130
331
22
832
112
68
1,063
637
44
911
1,169
4,180
2,550
334
4,754
817
185
478
392
1,245
614
93
1,553
369
49
610
550
2,805
1,046
195
1 718
616
80
658
66
263
5
252
154
339
211
354
63
175
94
178
75
182
105
352
3,952
19,445
6,309
10,348
59,746
19
62
5
13
21
41
84
204
210
184
51
83
528
3,526
3,199
14,434
6,484
1,052
12,620
3,512
488
518
1,323
4
3
1
5
16
1
235
139
1,806
614
178
1 853
178
32
7
4
38
140
61
134
2,048
160
364
173
628
1,323
1,988
116
6,449
84,316
19,692
9
17
4
2
28
21
120
306
39
88
49
426
127
81
18
62
288
79,234 1,067,268 198,404
47,685 294,076
79,376
113,449
732,990
68
153
274
48
7
129
45
3
67
1,856
954
588
I
w
a
o
1,764
s
Ox
Abstract of reports of earnings, expenses, and dividends of national banks for year ended June SO, 1922—Continued.
[In thousands of dollars. ]
Losses charged
Total net
earnings
and recoveries
On
on
On loans
Other
charged- and dis- bonds,
losses.
securiofl
counts. ties,
etc.
assets.
Net
earnings
since
last
report.
Recoveries on
charged
off
assets.
1,876
1,154
843
6,024
9,523
1,251
3,921
108
56
142
593
457
68
762
1,984
1,210
985
6,617
9,980
1,319
4,683
222
124
172
1,958
4,913
120
906
465
139
92
774
2,293
132
465
135
41
37
262
53
65
136
New England States
24,592
2,186
26,778
8,415
4,360
729
New York
Albany
Brooklyn and Bronx
Buffalo
New York
".'.'."
New Jersey
Pennsylvania
Philadelphia
Pittsburgh
Delaware
Maryland
Baltimore
Washington, D. C
12,875
1,313
879
791
70,616
9,531
25,746
12,902
6,815
347
1,341
3,062
1,730
1,397
263
340
22
11,584
1,613
1,900
491
430
24
52
183
660
14,272
1,576
1,219
813
82,200
11,144
27,646
13,393
7,245
371
1,393
3,245
2,390
2,289
349
526
148
35,532
1,135
1,970
3,913
1,256
13
94
653
515
2,181
448
156
265
3,812
1,721
5,414
1,300
1,119
100
246
67
181
1,046
148
47
15
5,909
439
1,226
363
326
3
47
22
250
147,948
18,959
166,907
48,393
17,010
9,841
4,245
1,700
2,807
2,170
1,589
552
1.520
960
23
274
207
148
61
128
243
215
63
4,519
1,907
2,955
2,231
1,717
795
1,735
1,023
23
752
384
220
450
1,069
616
1,015
253
1
104
125
362
30
104
74
69
3
Cities, States, and Territories.
Maine
New Hampshire
Vermont
Massachusetts
Boston
Rhode Island
Connecticut
Eastern States
Virginia
Richmond
West Virginia
North Carolina
South Carolina
Charleston
Georgia
Atlanta
Savannah
152
60149
84
82
10
115
69
Ratios.
off.
Net
addition
to
profits.
Dividends.
DiviDividends to
dends to capital
and
capital.
surplus.
Net
Net
addition addition
to profits to
profits
to capital
to
and
capital.
surplus.
On foreign exchange.
Total
losses
charged
off.
8
1
8
42
31
25
830
305
309
3,036
7,290
317
1,532
1,154
905
676
3,581
2,690
1,002
3,151
671
551
531
2,531
5,205
562
4,223
115
13,619
13,159
14,274
13.14
7.20
6.64
12.11
16
1
5,532
946
729
428
45,796
3,396
8,653
6,015
2,749
118
401
742
946
8,740
630
490
385
36,404
7,748
18,993
7,378
4,496
253
992
2,503
1,444
5,569
418
244
438
34,117
4,082
9,827
6,140
4,299
203
644
1,617
854
12.08
14.67
11.62
13.07
19.05
13.63
12.81
20.88
15.01
12.23
12.81
12.07
11.12
6.90
6.69
6.09
8^53
6.99
5.72
7.04
8.07
5.66
6.44
6.35
6.30
10.83
10.08
12.23
7.32
9.10
13.27
11.06
8.46
8.44
7.06
9.92
9.83
10.65
18795
22.11
23.33
11.49
20.33
25.87
24.76
25.09
15.69
15.24
19.73
18.68
18.81
1,207
76,451
90,456
68,452
16.07
7.45
9.84
21.24
14
29
12
8
4
1,022
598
743
572
1,259
700
1,204
325
1
3,497
1,309
2,212
1,659
458
95
531
698
22
2,323
846
1,560
1,264
774
289
822
518
22
10.34
13.87
12.90
9.51
7.56
15.21
7.79
13.11
7.33
6.11
6.51
7.25
5.82
5.15
8.40
4.58
6.09
6.34
9.19
10.07
10.28
7.64
3.05
2.76
2.96
8.21
6.34
15.56
21.46
18.29
12.48
4.47
5.00
5.03
17.67
7.33
543
101
43
439
48
2
14
5
Per cent. Per cent. Per cent. Per cent.
9.52
5.78
9.94
16.38
10.27
5.71
9.38
16.87
9.82
6.74
8.59
12.50
9.36
5.40
7.63
13.24
14.22
6.93
3.58
7.35
10.09
5.42
9.67
17.99
19.54
14.58
8.62
11.55
Florida
Jacksonville
Alabama
Birmingham
Mississippi
Louisiana
New Orleans
Texas
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
Arkansas
Little Rock
Kentucky
Louisville
Tennessee
Chattanooga
Memphis
Nashville
Southern States
Ohio
Cincinnati
Cleveland
Columbus
Toledo
Indiana
Indianapolis
Illinois
!.!..
Chicago, central reserve
Chicago, other reserve
Peoria
Michigan
Detroit
Grand Rapids
Wisconsin
Milwaukee
Minnesota
Minneapolis
St. Paul.
Iowa
. CedarRapids
Des Moines
Dubuque
Sioux City
^Deficit.
1,322
593
1,809
516
887
1,112
655
7,092
1,559
364
741
93
1,465
733
308
1,247
94
2,578
1,388
1,512
550
368
1,110
118
48
212
132
162
129
118
1,244
114
17
93
3
273
33
11
96
2
138
200
74
16
35
88
1,440
641
2,021
648
1,049
1,241
773
8,336
1,673
381
834
96
1,738
766
319
1,343
96
2,716
1,588
1,586
566
403
1,198
382
231
569
155
445
1,484
319
7,766
373
91
521
33
684
164
108
543
6
430
503
337
117
155
278
108
70
74
43,662
4,695
48,357
20,454
7,849
3,144
1,230
1,262
701
4,550
1,412
7,721
15,703
643
584
3,180
1,872
398
3,349
2,525
3,361
2,210
2,249
3,885
335
685
87
394
649
186
7
144
253
433
726
465
1,648
51
48
255
215
88
240
27
338
239
57
590
22
52
15
109
8,498
3,330
1,237
1,406
954
4,983
2,138
8,186
17,351
694
632
3,435
2,087
486
3,589
2,552
3,699
2,449
2,306
4,475
357
737
102
503
1,588
663
179
467
380
1,001
990
1,319
2,142
778~
292
73
90
71
517
121
566
1,150
36
45
380
203
76
224
503
97
155
164
233
17
18
27
1
9
'H
152
423
562
97
812
1,013
1,637
1,249
779
2,966
229
306
295
52
131
178
13
11
155
32
7
32
108
100
44
69
10
77
118
77
80
5
54
88
11
650
64
85
45
17
143
299
21
74
1
97
115
46
36
21
43
1
68
21
24
1
3
609
378
723
160
551
1,703
330
8,662
471
176
566
85
982
495
136
'650
7
638
718
427
222
186
398
831
263
1,298
488
498
1462
443
1326
1,202
205
268
11
756
271
183
693
89
2,078
870
1,159
344
217
800
9.86
611
15.88
254
10.50
1,164
14.06
246
9.96
402
8.05
475
20.00
560
11.84
5,021
18.43
1,318
10.30
206
10.62
324
22.00
88
8.67
559
11.09
527
10.88
223
9.93
690
8.50
51
11.02
1,472
18.44
830
11.33
953
270 " 10.80
12.57
179
11.26
349
6.33
9.41
6.65
7.45
6.01
5.19
11.67
7.37
11.97
8.45
6.06
11.00
5.73
8.22
8.53
6.88
5.93
6.88
9.43
7.52
6.75
7.33
6.50
8.60
9.74
7.41
14.79
7.45
i 5.05
9.23
10.48
10.92
8.41
5.01
1.38
7.75
4.23
7.00
6.91
10.35
9.72
9.89
9.14
8.60
9.04
14.90
13. 41
16.44
11.70
27.89
12.34
17.83
15.82
10.77
16.81
10.25
8.79
2.75
11.72
5.71
8.93
9.97
14.83
15.56
19.33
13.78
13.76
15.50
25.81
2,911
190
25,697
22,660
25,187
11.28
6.89
6.20
10.15
483
231
22
27
25
321
272
543
332
75
24
193
22
162
237
15
196
24
28
245
13
7
7
16
29
2
1
2,878
1,188
275
584
476
1,853
1,383
2,448
10,806
178
221
1,016
787
357
1,287
1,545
1,939
1 429
971
3,449
259
331
34
312
5,620
2,142
962
822
478
3,130
755
5,738
6,545
516
411
2,419
1,300
* 129
2,302
1,007
1,760
1,020
1,335
1,026
98
406
68
191
4,372
1,084
503
468
310
2,886
566
4,199
6,474
250
206
1,729
890
216
1,886
908
2,025
1,311
691
11.49
8.09
10.48
10.64
12.40
12.02
8.45
11.73
13.07
7.87
9.81
13.86
10.47
10.29
11.17
11.35
10.66
10.93
10.01
9.84
12.13
14.16
11.81
10.47
6.65
5.21
6.50
5.20
5.17
7.93
5.70
7.04
7.14
6.08
4.25
8.40
6.59
6.40
7.57
7.09
6.70
5.57
6.39
6.23
6.47
9.08
7.95
6.42
8.55
10.30
12.44
9.13
7.97
8.60
7.60
9.62
7.22
12.55
8.47
11.75
9.63
3.82
9.24
7.87
5.82
5.11
12.34
3.14
6.53
10.41
8.72
7.81
14.77
15.99
20.04
18.68
19.12
13.03
11.27
16.03
13.21
16.25
19.57
19.39
15.29
6.14
13.63
12.59
9.26
8.50
19.35
4.96
12.25
36.24
12.95
12.73
14
20
29
13
20
22
14
14
9
1
5
*«8
354
62
157
O
Abstract of reports of earnings, expenses, and dividends of national banks for year ended June SO, 1922—Continued.
Cities, States, and Territories.
ties, etc.
assets.
Missouri
Kansas City
St. Joseph
St. Louis
Middle Western States....
North Dakota
South Dakota
Nebraska
Lincoln
Omaha
Kansas ..
Kansas City
Topeka
Wwhita
Montana
Helena.
Colorado.
Denver
Pueblo
New Mexico
Oklahoma
Muskogee
Oklahoma City .
Tulsa
Western States
Washington
Seattle
Spokane
Tacoma
..
Ratios.
Losses charged off.
Total net
Recov- earnings
Net
and reearnings eries on coveries
since
charged
On
on
On loans bonds,
last
off
and dis- securireport. assets. chargedofl
counts.
1,069
1,860
246
3,926
78
349
77
624
1,147
2,209
323
4,550
419
1,409
228
1,566
110
7
330
76,430
7,985
84,415
30,078
559
623
1,296
246
1,597
2,355
173
166
414
1 057
122
851
1,465
1,400
323
612
2,076
261
816
526
166
231
154
126
339
300
16
9
50
433
6
106
523
169
8
89
559
58
156
251
725
854
1,450
372
499
739
16,938
1,264
1,607
639
234
20
Other
losses.
210
106
Net
Total addition
On forto
losses
eign ex- charged
profits.
change.
o£
7
5
Dividends.
DiviDivi- dends to
dends to capital
and
capital.
surplus.
Net
Net
addition addition
to profits to
profits
to capital
to
and
surplus. capital.
Per cent. Per cent. Per cent. Per cent.
71
2,572
1,030
148
2,481
10.36
12.26
13.45
9.49
6.67
7.97
7.40
7.00
4.55
4.48
3.55
7.26
7.06
6.89
6.45
9.84
12.95
491
579
720
17
80
2
656
1,630
252
1,978
6,304
3,933
207
40,522
43,893
38,060
11.23
6.88
7.93
48
39
45
16
133
1
646
854
1,013
79
4.20
4.54
5.58
5.91
6.52
6.92
28.46
22.27
6.42
3.09
9.81
7.21
6.80
7.55
9.06
5.00
3.73
7.72
5.43
6.91
1.09
50
350
1,599
51
666
1,684
930
301
597
3,004
226
721
1,005
6.23
6.74
9.03
9.33
9.99
10.79
46.25
28.33
10.00
4.50
16.89
13.65
10.94
14.53
25.83
7.73
4.83
10.00
8.21
9.32
.74
437
104
454
1,286
101
125
114
U09
77
291
304
639
30
104
1369
93
251
1228
450
422
808
133
694
1,505
370
255
220
353
76
436
823
603
155
254
951
125
271
410
3.02
4.62
4.26
5.91
7.77
10.92
3.33
1.95
9.94
4.81
2.51
8.00
1.75
2.05
11.45
5.74
5.03
3.84
4.89
7.30
6.53
9.22
12.63
13.89
5.18
11.39
17.11
9.11
4.04
15.40
5.00
3.17
U.87
7.44
7 61
15.18
16,904
3,783
9,314
8.93
5.89
2.39
3.63
479
803
367
168
710
773
224
80
11.22
12.67
8.62
8.00
7.22
8.93
7.00
6.40
4.87
9.28
11.47
15.44
7.57
13.16
14 12
16.80
1,936
2,655
189
175
464
1,490
128
957
1,988
1,569
331
701
2,635
319
972
111
897
152
1,307
1,091
66
32
257
1,433
49
565
1,342
666
84
508
2,627
171
571
950
76
11
8
2
69
1
37
103
208
202
23
116
4
83
29
98
76
71
100
42
202
11
10
80
96
1
56
129
56
15
66
260
51
67
26
3,749
20,687
14,006
1,253
1,513
132
217
240
206
23
1,481
1,847
845
623
857
318
209
85
33
54
117
154
106
90
177
257
to
26
268
1,482
1,369
88
11
1
g
110
1
1,002
1,044
478
325 '
Oregon
Portland
California
Los Angeles
Oakland
San Francisco
Idaho
Utah
Ogden .
Salt Lake City
Nevada
Arizona
Alaska
Pacific States
Alaska—nonmember
Hawaii—nonmember
Total nonmember banks..
Total United States
134
836
628
326
66
546
668
3
88
105
14
101
1,201
1,962
6,658
3,324
521
7,421
1,495
128
228
638
380
385
832
1 206
1,988
824
349
3,659
1 619
29
88
595
115
520
39
173
370
272
23
1,191
37
5
25
22
8
12
116
165
458
88
31
1,151
154
8
2
25
21
47
24, 570
4,201
28,771
13/831
2,375
2,733
36
102
7
43
102
30
1
1 067
1,126
6,030
2,998
455
6,875
827
125
140
533
366
284
138
7
145
31
334,278
41,782
376,060
135,208
21,665
2,073
5.98
19.13
1.30
5.76
5.65
9.23
8.67
16.00
19,161
9,610
10,534
10.01
30
6
13
96
3
60
2.00
10.00
222
5
33,444
6.56
86
113
14
236
!203
5.20
8.28
6.77
8.82
4.32
6.39
2.59
5.98
3.93
4.21
5.76
3.43
9
5
3.39
8.36
14.52
22.99
7.38
5.07
16.16
11.03
11.30
1.17
16.16
1
10.68
8.01
12.00
9.84
13.52
7.88
10.65
3.66
8.85
5.90
6.47
8.08
5.21
214
418
3,816
2,138
118
1,420
8
2.20
5.77
9.99
15.01
4.04
3.04
M.35
7.46
7.53
i.ll
11.51
17.04
506
600
2,586
1,257
126
2,983
192
69
59
152
118
99
987
1,544
2,842
1,186
403
6,001
1 818
42
115
642
144
588
26
2
36
109
63
8.40
4.98
8.58
14.53
192,390
183,670
165,884
12.69
7.04
7.79
14.05
o
n
1 Deficit.
o
09
Earnings, expenses, and dividends of national banks by Federal reserve districts, year ended June SO, 1922.
[In thousands of dollars.]
Grand
District District District District District District District District District District District District NonNo. 1. No. 2. No. 3. No. 4. No. 5. No. 6. No. 7. No. 8. No. 9. No. 10. No. 11. No. 12. member total.
8,246
394
655
669
768
628
banks.
558
389
1,061
659
877
1,099
484
banks. banks. banks. banks.
banks. banks. banks. banks. banks. banks. banks. 5 banks. banks.
Capital
Surplus
Capital and surplus
Gross earnings:
Interest and discount
Domesticexchange and collection charges.
Foreign exchange profits
Commission and earnings from insurance
premiums and negotiation of real estate
loans, authorized by act of September
7,1916, in towns of 5,000 population or
less
Other earnings
Total
Expenses paid:
Salaries and wages
Interest and discount on borrowed money.
Interest on deposits
Taxes
Other expenses
Total
Net earnings during year
Recoveries on charged-off assets
Total
Losses charged off:
On loans and discounts
On bonds,securities,etc
.•.
Other losses
On foreign exchange
Total
Net addition to profits from operations
during year.
Total dividends declared since June 30,1921..
Ratio:
Dividends to capital
per cent..
Dividends to capital and surplus.. do
Net addition to profits, to capital, and
surplus
per cent..
103,863 260,737 90,941 126,127 90,541
86,432 285,360 132,451 108,040 68,310
190,295 546,097 223,392 234,167 158,851
56,403 172,128 67,948 66,521 89,567 77,097 104,576
38,136 113,993 33,388 37,521 48,172 42,105 54,800
94,539 286,121 101,336 104,042 137,739 119,202 159,376
65,366 221,652
757
3,014
851
9,650
78,014
621
1,069
6,791
685
581
58,337
1,133
126
38,098 125,508
1,363
2,266
89
1,193
39,790
753
104
53,059^
1,198
106
68,946
1,076
60
45,900
73,645
1,287
1,988
10
16
6,552 ; 24,246
73,536 I 258,578
12
6,965
86,681
12
9,266
97,335
11
3,635
63,242
9
245
2,412
8,552
41,971 137,764
37
1,944
42,628
156
3,818
57,458 1 74,056
17
2,842
50,173
114
6,386
83,420
12,002
1,638
22,165
6,640
7,444
49,889 I
41,727 13,350
3,710
6,658
76,991 24,193
15,135
4,286
24,049
7,840
164,560 53,379
16,459
2,687
29,702
7,000
9,944
11,410
5,552
16,523
4,480
6,427
8,772
3,418
9,400
3,770
5,023
65,792
94,018
15,014
33,302
1,860
31,543
2,593
34,136
30,383
11,588
1,278
12,866
12,154
3,829
9,743
'4,429
6,453
36,608
13,565
1,991
14,037
12,004
3,777
19,130
4,209
6,866
45,986
11,472
1,566
13,038
17,615
4,441
18,820
6,508
10,167
57,551
23,647
2,121
44,392
18,&>0
1,942
20,792
8,651
2,038
10,916
3,901
4,506
30,012
19,412
3,887
19,234
6,248
10,210
58,991
24,429
4,168
28,597
4,128
612
671
6
18,539
3,784
2,193
133
24,649
4,163
807
616
23
6,659
648
561
17
11,893
498
1,472
122
25,768 I 109,032 35,162
24,721
6,050
37,178
12,752
14,458
95,159
42,605
4,592
47,197
12,616
1,421
528
2,567 |
3,'229
19,734
15,556
750 1,307,199
520 1,049,228
1,270 2,356,427
345
26
4
955,451
15,546
15,868
426
1,169
79,234
1,067,268
145
198,404
47,685
294,076
79,376
113,449
732,990
334,278
41,782
376,060
127
288
56,221
5,416
5,504
1,258
471
12,649
11,903
4,750
1,199
833
73
6,855
5,609
7,885
12,304
1,188
1,498
135
15,125
13,985
13,662
2,367
2,711
213
18,953
36
135,208
33,444
21,665
2,073
192,390
12,665
13,913
52,811
43,904
22,513
13,970
22,233
15,682
13,937
9,999
7,449
6,253
22,548
20,228
8,428
7,272
5,153
6,136
4,609
9,259
1,571
8,699
9,644
10,506
109
63
183,670
165,884
13.40
7.31
16.84
8.04
15.36
6.25
12.43
6.70
11.04
6.29
11.09
6.61
11.75
7.07
10.70
7.18
9.22
5.90
10.34
6.72
11.28
7.30
10.05
6.59
8.40
4.96
12.69
7.04
6.66
9.67
10.08
9.49
8.77
7.88
7.88
8.32
4.95
3.35
1.32
6.05
8.58
7.79
8,191
4,104
698
110
39,880
8,180
7,505
656
5,592
4,553
1,644
114
REPORT OP T H E COMPTROIi.ER OF THE CURRENCY.
65
National-bank investments in United States Government securities and other bonds and
securities, etc., loans and discounts (including rediscounts), and losses charged off on
account of bonds and securities, etc., and loans and discounts, years ended June SO, 1918
to 1922, inclusive.
[In thousands of dollars.]
Percent- Percentage of
age of
losses
losses
Losses
charged
Losses charged
charged
United
off
on
Total
Loans and charged
off on
off on
States
Other
account
off on
and discounts
Year ended Governbonds
bonds
bonds and bonds
loans
loans
securities,
including
and
seJune 30.
and se- and dis- curities
ment
securities.
etc.
rediscounts. and dis- curities,
securities.
counts to total
counts.
etc.
to total
bonds
loans
and seand dis- curities.
counts.
1918
1919
1920
1921
1922
2,129,283
3,176,314
2,269,575
2,019,497
2,285,459
1,840,487
1,875,609
1,916,890
2,005,584
2,277,866
3,969,770
5,051,923
4,186,465
4,025,081
4,563,325
10,135,842
11,010,206
13,611,416
12,004,515
11,248,214
33,964
35,440
31,284
76,210
135,208
44,350
27,819
61,790
76,179
33,444
0.34
.32
.23
.63
1.20
1.12
.55
1.48
1.89
.73
Number of national banks, capital, surplus, dividends, net addition to profits, and ratios,
years ended June SO, 1914 to 1922.
Percentages.
Year ended Number of
June 30. banks.
1914
1915
1916
1917
1918
1919
1920
1921
1922
7,453
7,560
7,571
7,589
7,691
7,762
8,019
8,147
8,246
NATIONAL
Capital.
Surplus.
Net
Diviaddition Divi- dends
addiDividends. Net
to profits. dends
tion to
to
profits
to
capital to
capcapital. and ital
and
surplus. surplus.
$1,063,978,175
$714,117,131 $120,947,096
1,068,577,080
726,620,202 113,707,065
1,066,208,875
731,820,365 114,724,594
1,081,670,000
765,918,000 125,538,000
1,098,264,000
816,801,000 129,778,000
1,115,507,000
869,457,000 135,588,000
1,221,453,000
984,977,000 147,793,000
1,273,237,000 1,026,270,000 158,158,000
1,307,199,000 1,049,228,000 165,884,000
BANKS
$149,270,171
127,094,709
157,543,547
194,321,000
212,332,000
240,366,000
282,083,000
216,106,000
183,670,000
CLASSIFIED ACCORDING
STOCK.
11.37
10.63
10.76
11.61
11.82
12.15
12.10
12.42
12.69
6.80
6.33
6.38
6.79
6.78
6.83
6.70
6.88
7.04
8.39
7.08
8.76
10.52
11.09
12.11
12.78
9.40
7.79
TO CAPITAL
On September 15, 1922, there were 2,142 national banks operating
in accordance with the provision of section 5138, United States
Revised Statutes, with minimum capital of $25,000. The loans and
discounts of these banks amounted to $418,754,000, their total
resources were $.734,522,000, and aggregate capital and deposits were
$53,529,000 and $565,796,000, respectively.
There were 2,459 banks with individual capital stock of over
$25,000 but not over $50,000 with combined capital of $116,007,000,
aggregate resources of $1,630^333,000, loans and discounts of $893,227,000, and total deposits of $1,250,095,000.
The largest number of banks in any class were those having capital
in excess of $50,000 but not over $200,000. In this class there were
2,801 banks with loans and discounts of $2,417,571,000, total resources
of $4,523,833,000, capital stock of $323,812,000, and total deposits
of $3,483,594,000.
66
REPORT OF THE COMPTROLLER OF THE CURRENCY.
There were 534 banks with loans and discounts of $1,562,985,000,
total resources of $2,858,511,000, capital stock of $189,819,000, and
total deposits of $2,232,850,000, in the class of banks witn capital
in excess-of $200,000 but not over $500,000.
The number of banks with capital in excess of $500,000 but not
over $1,000,000 was 171; their loans and discounts were $1,228,778,000,
total resources $2,196,900,000, capital stock $147,425,000, and total
deposits $1,743,491,000; while in the class with capital in excess of
$1,000,000 but not over $5,000,000 there were 113 banks with loans
and discounts of $2,251,797,000, total resources of $4,162,345,000,
capital stock of $216,030,000, and aggregate deposits of $3,389,441,000.
There were 20 banks with capital stock in excess of $5,000,000.
Eight of these banks are in New York, 2 in Chicago, 2 in Boston, 2
in Pittsburgh, 1 in Cincinnati, 1 in Milwaukee, 2 in St. Louis, and 2
in San Francisco. The combined loans and discounts of these 20
banks were $2,462,913,000, their total resources $4,819,655,000, or
23.03 per cent of the total resources of all reporting banks, capital
$260,500,000, and total deposits $3,933,495,000.
A classification of national banks by cities and States according to
capital stock is published in the appendix of this report, of which
the following is a summary:
Number of
banks.
Loans and
discounts.
Aggregate
resources.
Capital.
Total
deposits.
Capital of $25,000
Capital over $25,000 b u t not
over $50,000
Capital over $50,000 but not
over$200,000
Capital over $200,000 but not
over $500,000
Capital over $500,000 but not
over $1,000,000
Capital over $1,000,000, but not
over $5,000,000
Capital over $5,000,000
2,142
$418,754,000
$734,522,000
$53,529,000
$565,796,000
2,459
893,227,000
1,630,333,000
116,007,000
1,250,095,000
2,801
2,417,571,000
4,523,833,000
323,812,000
3,483,594,000
534
1,562,985,000
2,858,511,000
189,819,000
2,232,850,000
171
1,228,778,000
2,196,900,000
147,425,000
1,743,491,000
113
20
2,251,797,000
2,462,913,000
4,162,345,000
4,819,655,000
216,030,000
260,500,000
3,389,441,000
3,933,495,000
Total United States
8,240
11,236,025,000
20,926,099,000
1,307,122,000
16,598,762,000
NATIONAL BANK FAILURES.
Thirty-one national banks, with aggregate, capital of $2,015,000,
were placed in charge of receivers during the year ended October 31,
1922. The date that each bank was authorized to commence business, date of appointment of the receiver, the capital stock, and the
circulation outstanding at date of failure are shown in the appendix
of this report.
The first failure of a national bank took place in 1865; from that
date until the close of business on October 31, 1922, the number of
banks placed in charge of receivers was 659. Of this number,
however, 47 were subsequently restored to solvency and permitted
to resume business. The total capital of these failed banks at date
of failure was $99,560,920, while the book or nominal value of the
assets administered by receivers under the supervision of the comptroller aggregated $443,197,772, and the total cash thus far realized
from the liquidation of these assets amounted to $221,170,213. In
addition to this amount, however, there has been realized from
REPORT OF THE COMPTROLLER OF THE CURRENCY.
67
assessments levied against shareholders the sum of $25,688,666,
making the total cash collections, from all sources $246,858,879,
which have been disbursed as follows:
In dividends to creditors on claims proved, amounting to $228,869,734,
the sum of
$167, 291,006
In payment of loans and other disbursements discharging liabilities of
the bank other than* those of the general creditors
55,309,379
In payment of legal expenses incurred in the administration of such
receiverships
6,265,539
In payment of receivers' salaries and other expenses of receiverships... 11,414,302
There has been returned to shareholders in cash
4,139,078
Leaving a balance with the comptroller and the receivers of
2,439,575
Total
246, 858, 879
In addition to the funds thus distributed there has been returned
to agents for shareholders, to be liquidated for their benefit, assets
having a nominal value of $15,818,008.
The book or nominal value of the assets of the 83 national banks
that are still in charge of receivers amount to $77,334,921. The
receivers had realized from these assets at the close of business on
October 31, 1922, the sum of $35,031,386 and had collected from the
shareholders on account of assessments levied against them to cover
deficiencies in assets the further sum of $2,596,307, making the total
collections from all sources in the liquidation of active receiverships
the sum of $37,627,693, which amount has been distributed as
follows:
Dividends to creditors (to Sept. 30, 1922)
$20, 511,703
Loans paid and other disbursements discharging liabilities of the bank
other than those to the general creditors
12,278,312
Legal expenses
586,253
Receivers' salaries and all other expenses of administration
1,482,095
Amount returned to shareholders in cash
354,245
Leaving a balance with the comptroller and the receivers of
2,415,085
Total
37, 627, 693
The receiverships of five national banks which had failed in previous
years were finally closed during the year ended October 31, 1922,
making a total of 576 closed receiversnips.
The collections from the assets of the 576 national banks, the affairs
of which have been finally closed, amounted to $186,138,827, and,
together with the collections of $23,092,359 from assessments levied
against the shareholders, make a total of $209,231,186, from which
on claims'aggregating $190,080,923 dividends were paid amounting
to $146,779,303.
The average rate of dividends paid on claims proved was 77.21
per cent, but including offsets allowed, loans paid, and other disbursements with dividends, creditors received on an average 83.72
per cent.
The expenses incident to the administration of these 576 trusts—
that is, receivers7 salaries and legal and other expenses—amounted
to $15,611,493, or 4.26 per cent of the nominal value of the assets
and 7.46 per cent of the collections from assets and from shareholders.
The outstanding circulation of these banks at the date of failure
was $28,966,801, which was secured by United States bonds on
deposit in the Treasury of the face value of $31,223,550. The
68
REPORT OF THE COMPTROLLER OF THE CURRENCY.
assessments against shareholders averaged 51.43 per cent of their
holdings, while the collections from tne assessments levied were
48.55 per cent of the amount assessed. The total amount disbursed
in dividends during the current year to the creditors of insolvent
banks was $2,439,692.
In the table following is summarized the condition of all insolvent
national banks, the closed and active receiverships being shown
separately:
Closed
Active
receiverships, receiverships,
576.1
83.
Items.
Total assets taken charge of by receivers
Disposition of assets:
Collected from assets
Offsets allowed and settled
Loss on assets compounded or sold under order of court..
Nominal value of assets returned to stockholders
Nominal value of remaining assets
Total
Collected from assets as above
Collected from assessments upon shareholders
Total collections
Disposition of collections:
Loans paid and other disbursements
Dividends paid
,
Legal expenses
Receivers' salary and other expenses
Amount returned to shareholders in cash
Balance with comptroller or receiver
Total
Capital stock at date of failure
United States bonds held at failure to secure circulating notes
Amount realized from sale of United States bonds held to
secure circulating notes
Circulation outstanding at failure
Amount of assessment upon shareholders
Claims proved
Total, 659.1
$365,862,851
$77r334,921
$443,197,772
186,138,827
33,031,764
126,669,476
15,818,008
4,204,776
365,862,851
186,138,827
23,092,359
209,231,186
35,031,386
6,818,514
8,062,761
77,334,921
35,031,386
2,596,307
37,627,693
221,170,213
39,850;278
134,732,237
15,818,008
31,627,036
443,197,772
221,170,213
25,688,666
246,858,879
43,031,067
146,779,303
5,679,286
9,932,207
3,784,833
24,*90
209,231,186
a 92,470,920
31,223,550
12,278,312
20,511,703
586,253
1,482,095
354,245
2,415,085
37,627,693
7,090,000
5,051,300
55,309,379
167,291,006
6,26*5,539
11,414,302
4,139,078
2,439,575
246,858,879
99,560,920
36,274,850
32,978,652
28,966,801
47,563,240
190,080,923
2,739,035
4,478,777
6,131,000
38,788,811
35,717,687
33,445,578
53,694,240
228,869,734
27,422,260
i Includes 47 banks restored to solvency.
» Includes capital stock of 47 banks restored to solvency.
Information relative to the capital, date of appointment of receiver,
and per cent of dividends paid to creditors of five insolvent national
banks, the affairs of which were closed during the year ended October 31, 1922, appears in the following table:
Title.
Location.
First National Bank
Bayonne, N. J
Do
London, Ky
United States National Bank.. Centralia, Wash
First National Bank
Clarkfield, Minn
Idaho National Bank
Boise, Idaho i
Date
receiver
appointed.
Dec. 8,1913
Apr. 9,1914
Sept. 21,1914
Sept. 25,1917
Sept. 15,1921
Capital.
$100,000
50,000
100,000
25,000
100,000
Per cent
dividends
paid to
creditors.
76.333
95.5
66.67
93
1
After sale of assets, stockholders failed to vote for liquidation; bank placed in hand of receiver to wind
up affairs.
Of the 31 banks placed in charge of receivers since October 31, 1921,
8 were closed on account of the inability to realize on loans; 2, defalcation of officers; 1, fraudulent management and injudicious banking;
7, deficient reserve and inability to realize on loans; 7, injudicious
banking; 2, inability to meet demands; 3 by reason of "runs"; and
1 on account of injudicious banking and depreciation of securities. "
KEPORT OF THE COMPTROLLER OF THE CURRENCY.
69
NATIONAL BANK CHARTERS APPLIED FOR, GRANTED, AND
REFUSED.
Applications for charters for 272 national banking associations,
with capital of $25,490,800, were made during the 12 months ended
October 31, 1922, as compared with 206 applications and capital of
$25,370,000 during the previous year. Of the applications received,
210, with capital of $23,700,800, were approved, as against 153 and
capital of $17,595,000 in 1921.
In the last year 25 applications, with capital of $1,205,000, were
rejected, and 22, with capital of $1,610,000, were abandoned or action
thereon indefinitely deferred. The principal causes of rejection were
lack of demand for additional bankmg facilities in the various communities or the reported unsatisfactory financial standing or character
of the applicants.
National banking associations to the number of 232, with capital
of $24,890,800, were chartered in the year ended October 31, 1922, as
compared with 169 associations, with capital of $20,005,000, chartered in 1921. Of the national banks chartered during the year just
closed, only 53 became banks of issue, and of this latter number 27
were converted from or succeeded State banks, 3 were reorganized
national banks, and 23 were banks of primary organization.
INCREASES AND REDUCTIONS OF CAPITAL STOCK OF
NATIONAL BANKS.
In order to meet the constantly increasing demands for additional
capital, there was an increase in the capital stock of national banks
of $35,027,350 on the part of 229 national banks during the year.
The increases of 73 of these banks were effected partially or entirely
by the declaration of stock dividends from the undivided profits
oi the banks. The aggregate amount of stock dividends was
$10,790,800. In the previous year the increase in capital of existing
banks was $27,835,800, the number of banks concerned in this
increase being 259.
In 1922 there were but 15 banks which effected a reduction in their
capital stock, the aggregate being $1,145,000; there were also 9 reductions in capital, aggregating $3,275,000, incident to consolidations of national banks under the act of November 7, 1918. In 1921
the number of reductions of capital was 3 and the aggregate amount
of the reductions was $200,000; there were also 3 reductions, aggregating $850,000, under the consolidation act of November 7, 1918.
LIQUIDATION OF NATIONAL BANKS.
Exclusive of 25 banks, with capital of $6,295,000, liquidated and
absorbed by other national banks, 78 national banking associations,
with capital of $12,615,000, were placed in voluntary liquidation,
or the corporate existence expired during the past year, of which
61 were absorbed by State banks, 16 reorganized as State banks,
and 1 quit business. Of the 103 liquidations for the past year, advice
has been received from 25 that their affairs have been entirely closed.
The year before there were 93 liquidations, with $37,075,000 capital.
The number of receiverships was 31, and the capital involved was
only $2,015,000,
70
REPORT OF THE COMPTROLLER OF THE CURRENCY.
CONSOLIDATION OF NATIONAL BANKS.
Under the provisions of the act of Congress approved November 7,
1918, providing for the consolidation of national banking associations, 170 national banks have consolidated into 84 associations.
During the last year 21 consolidations were effected, with capital of
$46,425,000, surplus $42,833,404, and other undivided profits of
$21,494,383, the number of banks concerned being 42 and their
capital $46,750,000. There was therefore a reduction as a result of
these consolidations of $325,000 in aggregate capital stock. The
total assets of the 21 consolidated banks amounted at the date of
consolidation to $997,328,244.
In the following table the capital, surplus, undivided profits, and
aggregate assets and date of consolidation of each of the 21 consolidated banks are shown.
National banks consolidated under act of November 7, 1918, their capital, surplus,
divided profits, and aggregate assets, year ended October 31, 1922.
Consoli- Charter Title and location of bank. State.
dation No.
m
No.
Date of
consolidation.
Capital.
Surplus.
Undivided
profits.
un-
Aggregate
assets.
1921.
The Chase National Bank N.Y.. Nov. 22 $20,000,000 $15,000,000 $8,331,602 $454,737,100
of the City of New York.
30,000
13,820
150,000
65 2996 The O wego National Bank N.Y.. Dec. 31
1,247,203
64 2370
66 3721 Alliance First National
67 10112
68
219
69 3293
70 12123
71
542
72 7779
73 10194
74 5046
75 9852
76 12205
77
1209
78
5028
79
1250
80 3917
81 9403
82
5045
83 2597
84 10316
Bank.
American Exchange National Bank of Greensboro.
The First National Bank
of Greencastle.
Grand Rapids National
Bank
The
Seaboard National
Bank of the City of New
York.
Corn Exchange National
Bank of Philadelphia.
The First National Bank
1922.
Ohio.. Jan.
3
300,000
300,000
58,260
6,209,867
N. C . Feb. 21
750,000
250,000
209,220
8,776,441
100,000
20,000
1,000,000 • 200,000
295,010
12,875,956
4,000,000
6,378,404
797,142
91,581,213
2,200,000
4,000,000 1,070,958
58,818,679
Ind... Feb. 27
Mich.. Mar. 13
N.Y.. Mar. 31
Pa.... Apr. 25
Calif.. Apr. 26
01 JLGHLOOr©.
The Seaboard National Va.... May 6
"Bank of Norfolk
The Riggs National Bank D . C . June 10
of Washington, D.C.
The Farmers and First Ind... June 21
National Bank of New
Castle.
Passaic National Bank & N.J... June 22
Trust Company.
The First National State N.J... June 30
The Union National Bank W.Va.
The Mechanics & Metals N.Y..
National Bank of the
City of New York.
The Peoples National Va....
Bank of Leesburg.
The Continental National Utah..
Bank of Salt Lake City.
The Fourth National Ga....
"ROT"!Tr r\f A1"l£iTl1"A.
i i^if i tv \JL xl> uXCvlJ.tu«
Utah..
The First & Utah National Bank of Ogden. D. C .
Federal-American National Bank of Washington.
Total (21 banks)
July
3
July 22
1,187,630
150,000
30,000
3,412
1,404,538
800,000
400,000
273,796
9,086,163
1,000,000
2,000,000
608,135
29,867,258
200,000
100,000
30,454
1,637,878
1,150,000
800,000
649,135
17,353,523
850,000
750,000
104,841
16,501,872
175,000
75,000
21,446
2,129,411
10,000,000 10,000,000 7,891,998 224,885,592
Aug. 1
100,000
100,000
68,991
Sept. 30
600,000
100,000
98
8,338,520
...do...-
1,200,000
1,800,000
555,254
28,942,223
2,352,690
2
500,000
100,000
208, 111
5,523,303
Oct. 31
1,200,000
400,000
302,700
13,871,184
Oct.
46,425,000 42,833,404 21,494,383 997,328,244
REPORT OF THE COMPTROLLER OF THE CURRENCY.
71
GROWTH IN NUMBER AND CAPITAL OF NATIONAL BANKS.
Notwithstanding the liquidations and the consolidations which
took place there was a net increase in the year ended October 31,
1922, of 83 in the number of national banking associations and of
$34,973,150 in capital. The authorized capital stock of the 8,262
national banks in existence at the close of the year was $1,316,968,715.
NATIONAL BANKS' CAPITAL STOCK CHANGES, 1914-1922.
During the period covered by the existence of the Federal reserve
system, years ended October 31, 1914, to October 31,1922, applications to the .number of 2,710 were received for the organization of
national banking associations, with aggregate capital of $169,500,000;
of this number, 1,972 were approved. The number of banks chartered
was 1,808, with combined capital of $157,700,000. In this period
2,063 banks effected increases in their capital stock to the amount of
$298,700,000. As a result of voluntary liquidations to the number of
870 and 119 failures, there was a loss of capital aggregating
$182,900,000. Banks to the number of 95 reduced their capital to
the extent of $11,890,000. There was no material increase in
capital resulting from the consolidation of banks under act November 7, 1918; but the various changes referred to occasioned a net
increase of national bank capital of approximately $250,000,000
during the period covered by this survey.
From the inauguration of the national banking system in 1863 to
October 31, 1922, national banking associations to the number of
12,265 were chartered, the capital stock at organization being
$1,245,109,282. The total loss to the system in the number of banks
during this period was 4,003, of which 3,391 were closed by voluntary
liquidation or by consolidation with other national banks and 612
were liquidated through receivers.
ORGANIZATION AND LIQUIDATION OF NATIONAL BANKS.
The statistical or report year of the Comptroller of the Currency
terminates on October 31, and the following table contains a statistical annual history from 1914 to 1922, inclusive, of the number of
banks organized each year, and their capital at date of organization,
together with the number and capital of banks closed voluntarily or
by reason of failure, together with the yearly net increase or decrease
in the number of banks and original capital. In the table the increases and reductions of capital of existing banks are not taken into
account.
72
KEPORT OF THE COMPTROIXER OF THE CURRENCY.
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.
Net yearlyincrease (exclusive of existing banks
increasing
their capital).
Closed.
Chartered.
Year.
Consolidated
under act Nov.
7,1918.
No.
1914..
1915..
1916..
1917..
1918..
1919..
1920..
1921..
1922..
Capital.
195 $18,675,000
9,689,500
144
6,630,000
122
176 11,590,000
164 13,400,000
245 21,780,000
361 31,077,500
169 20,005,000
232 24,890,800
No.
Loss to
capital.
26 i $3,220,000
15 U.650,000
24
1850,000
21 13,275,000
Involuntaryliquidation.
No.
Capital.
Insolvent.
No.
113 $26,487,000 21
82 13,795,000 14
135 14,828,000 13
7
107 14,367,500
2
68 16,165,000
1
83 16,380,000
5
84 14,730,000
93 37,075,000 34
103 18,910,000 2 31
Capital. No.
Net yearly
decrease (exclusive of existing banks
decreasing
their capital).
Capital. No. Capital.
$1,810,000 61
1,830,000 48
805,000
1,230,000 62
250,000 94
25,000 135 $2,155,000
205,000 257 14,492,500
1,870,000 18
2,015,000 3 77
690,800
26
$9,622,000
5,935,500
9,003,000
4,007,500
3,015,000
19,790,000
1
2
Amount of capital stock reductions incident to consolidations.
Includes 5 banks with capital of $375,000 restored to solvency. There was also one bank restored with
capital
of $25,000 for which a receiver had been appointed the previous year.
3
The net gain was 83 banks.
Number of national banks organized, consolidated under act November 7, 1918,
in voluntary liquidation, and in operation on October 31,1922.
Organized.
State or Territory.
Maine
New Hampshire.
Vermont....
Massachusetts
Rhode Island
Connecticut
113
72
76
333
65
111
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Total Eastern States
.
.
Total Middle Western States
. . . .
In liqui- In operadation.
tion.
4
7
15
1
5
53
12
20
158
47
41
60
56
49
159
17
63
3
32
331
404
806
282
1,077
28
125
29
12
4
3
50
10
45
2
2
3
238
38
161
10
37
10
506
230
868
18
86
14
2,347
21
110
494
1,722
4
1
2
1
2
2
6
1
5
1
7
5
6
1
10
13
9
2
8
44
8
6
8
36
28
25
19
50
17
37
27
36
274
18
75
68
179
122
88
84
99
61
107
32
34
560
85
137
103
2,553
25
127
710
1,691
624
390
675
245
226
419
483
250
4
5
1
1
2
2
2
4
32
17
22
16
6
10
18
12
217
117
150
109
63
64
112
99
371
251
502
119
155
343
351
135
3,312
21
133
931
2,227
156
121
105
161
91
153
61
80
884
112
223
180
Total Southern States
Ohio
Indiana . .
Illinois
Michigan.
Wisconsin.
Minnesota
Iowa
Missouri
1
2
Insolvent.
770
22(T
Virginia...
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi.
Louisiana
Texas .
Arkansas..
Kentucky
Tennessee
Consolidated
under act
Nov. 7,
1918.
insolvent,
73
REPORT OF THE COMPTROIJLER OF THE CURRENCY.
Number of national banks organized, consolidated under act November 7, 1918, insolvent,
in voluntary liquidation, and in operation on October 31, 1922—Continued.
Organized.
State or Territory.
North Dakota
South Dakota
Nebraska..
Kansas
Montana
WvfvmiriP'
Colorado
New Mexico
Oklahoma
.
. . .
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada . .
Arizona
Alaska
Total Pacific States
Consolidated
under act
Nov. 7,
1918.
Insolvent.
1
18
14
27
37
21
2
13
6
11
30
36
129
112
29
6
42
20
214
183
133
182
268
130
47
144
45
452
5
149
618
1,584
189
129
412
104
38
16
28
4
1
24
9
13
9
3
2
1
53
22
106
15
11
3
5
1
111
98
285
80
22
11
22
3
920
11
61
216
632
4
1
2
231
183
338
419
182
55
199
71
678
2
2
2,356
8
2
6
1
Hawaii
Porto Rico
7
Total island possessions
12,265
Total United States.
In liqui- In operadation.
tion.
86
612
5
2
3,305
8,262
National banks chartered during the year ended October 31, 1922.
Charter
No.
Title.
Capital.
ALASKA.
12072
$50,000
First National Bank of Anchorage
ARIZONA.
12198
25,000
First National Bank of Holbrook
ARKANSAS.
12083 Planters National Bank of Walnut Ridge
12156 Peoples National Bank of Stuttgart
12219 Farmers National Bank of Cotton Plant
12238 First National Bank of Lamar
Total (4 banks)
25,000
50,000
25,000
25,000
125,000
CALIFORNIA.
12056
12061
12112
12127
12160
12172
12201
12209
12210
12226
12253
Placerville National Bank, Placerville
First National Bank of Monterey Park
Citizens National Bank of Lodi
1
National Bank of Lemoore
National Bank of Dinuba 2
Paso Robles National Bank, Paso Robles
American National Bank of Santa Rosa
First National Bank of Hermosa Beach
First National Bank of Watts
United States National Bank of Sawtelle
First National Bank of East San Gabriel
Total (11 banks)
50,000
25,000
200,000
100,000
50,000
50,000
100,000
50,000
50,000
50,000
50,000
775,000
i With branch at Stratford, Calif. Consolidated on Apr. 26,1922, with The First National Bank of Lemoore, Calif., under act Nov. 7,1918.
a Placed in voluntary liquidation June 21,1922, and absorbed by First National Bank of Ptauba, Calif.
18587°—23
6
74
REPORT OF THE COMPTROLLER OF THE CURRENCY.
National banks chartered during the year ended October 31, 1922—Continued.
Charter
No.
Title.
Capital.
COLORADO.
12250
$200,000
Broadway National Bank of Denver.
DISTRICT OF COLUMBIA.
12139 Standard National Bank of Washington..
12194 Hamilton National Bank of Washington *
200,000
200,000
400,000
Total (2 banks).
FLORIDA.
12047 Miami Beach First National Bank. Miami Beach.
12057 American National Bank of West Palm Beach
12090 First National Bank of Sebring
12100 National Bank of Winter Haven
50,000
100,000
50,000
75,000
275,000
Total (4 banks).
GEORGIA.
12105
12232
12249
12254
First N ational B ank of D alias
Citizens National Bank of Marietta
Ninth National Bank of Atlanta 4
National Bank of Lumpkin, Lumpkin
Total (4 banks)
25,000
100,000
325,000
25,000
475,000
IDAHO.
50,000
12256 Cassia National Bank of Burley
ILLINOIS.
25,000
35,000
300,000
200,000
560,000
12096
12097
12178
12227
First National Bank of Xenia
First National Bank of Zeigler
Security National Bank of East St. Louis
Douglass National Bank of Chicago
Total (4 banks)
12058
12132
United States National Bank of Indiana Harbor at East Chicago.
National City Bank of E vansville
Total (2 banks)
12248
First National Bank of Lorimor..
35,000
12168
12191
First National Bank of Tribune..
First National Bank of McCune..
Total (2 banks)..
25,000
25,000
50,000
12202
12243
Wallins National Bank of Wallins Creek
Citizens National Bank of Harlan
Total (2 banks)
12084
12108
First National Bank of Lawton
City National Bank of Grand Rapids 5
Total (2 banks)
12115
12140
Richfield National Bank, Richfield..
Duluth National Bank, Duluth
Total (2 banks)..
25,000
200,000
225,000
12073
12222
Rosedale National Bank, Rosedale
Planters National Bank of Clarksdale.
Total (2 banks).
85,000
500,000
585,000
INDIANA.
100,000
500,000
600,000
KENTUCKY.
25,000
100,000
125,000
MICHIGAN.
25,000
200,000
225,000
MINNESOTA.
a With 3 branches in Washington. D. C. Consolidated on June 10,1922, with The Riggs National Bank
of Washington, D. C, under act of Nov. 7,1918.
< With 4 branches in Atlanta and one at Decatur, Ga. Consolidated on Sept. 30,1922, with The Fourth
National Bank of Atlanta, under act Nov. 7,1918.
5 With 9 branches in Grand Rapids, Mich. Consolidated on Mar. 13,1922, with Grand Rapids National
Bank, under act Nov. 7,1918.
75
REPORT OF THE COMPTROLLER OF THE CURRENCY.
National banks chartered during the year ended October SI,
12066 Security National Bank Savings & Trust Co. of St. Louis.
12216 St. Louis National Bank, St. Louis
12220 Missouri National Bank of St. Louis
12260 Continental National Bank & Trust Co. of Kansas C i t y . . .
Total (4 banks)
12225
NEBRASKA.
First National Bank of Unadilla..
1922—Continued.
$250,000
200,000
200,000
500,000
1,150,000
—
- *•
25,000
NEW JERSEY.
12037
12064
12145
12167
12195
12205
12228
12255
12263
Ridgefield National Bank, Ridgefield
First National Bank of West New York «
First National Bank of Newfield
Totowa National Bank of Paterson
First National Bank of Park Ridge
Passaic National Bank & Trust Co., Passaic
First National Bank of East Rutherford
Bergen National Bank of Jersey City
First National Bank of Cranford
Total (9 banks)
25,000
100,000
25,000
200,000
25,000
650,000
50,000
250,000
100,000
1,425,000
NEW YORK.
12071 Atlanta National Bank, Atlanta
12122 Liberty National Bank of Syracuse
12123 Mercantile National Bank in New York i
12164 First National Bank of Windham
12174 First National Bank of Greene
12208 First National Bank of Kenmore
12213 Capitol National Bank of New York
12214 Lebanon National Bank of New York8
12224 Lincoln National Bank of New York
12242 Germantown National Bank, Germantown
12252 Rockaway Beach National Bank of New York..
Total (11 banks)
25,000
200,000
000,000
25,000
50,000
65,000
000,000
250,000
000,000
50,000
200,000
5,865,000
NORTH CAROLINA.
12176 Commercial National Bank of Wilmington.
12244 National Bank of Commerce, Asheville
12259 First National Bank of Leaksville
Total (3 banks).
200,000
100,000
40,000
340,000
NORTH DAKOTA.
12046 Merchants National Bank of Cavalier.
12258 First National Bank of Donnybrook..
Total (2 banks)
25,000
25,000
50,000
150,000
75,000
225,000
12034 Alliance National Bank, Alliance *>
12196 Old National Bank of Delphos
Total (2 banks)
OKLAHOMA.
25,000
12035 First National Bank of Moore
50,000
12036 Security National Bank of Norman
100,000
12038 Blackwell National Bank, Blackwell
100,000
Garfield
National
Bank
of
Enid
12039
100,000
12040 Security National Bank of Blackwell
40,000
12041 First National Bank in Billings
250,000
12042 Producers National Bank of Tulsa.
200,000
Security
National
Bank
of
Tulsa
12043
150,000
12044 Central National Bank of Enid
30,000
12045 Billings National Bank, Billings
200,000
12,048 American National Bank of Okmulgee
30,000
Cherokee
National
Bank,
Cherokee
12049
50,000
12050 Security National Bank of Clinton
100,000
12051 Oklahoma National Bank of Duncan
100,000
12052 Wynqna National Bank, Wynona
200,000
12053 American National Bank of Ardmore
50,000
12054 Oklahoma National Bank of Cushing
25,000
Farmers
National
Bank
of
Carnegie
12059
25,000*
12060 Farmers National Bank of Chandler
50,000
12065 Security National Bank of Duncan
e P . O. Weehawken.
t With 2 branches in New York City. Mar. 31, 1922, under act Nov. 7,1918, title was changed to The
Seaboard National Bank of The City of New York.
s With 3 branches in New York City. Consolidated July 22,1922, with The Mechanics & Metals National
Bank of the City of New York, under act Nov. 7.1918.
» Consolidated on Jan. 3,1922, with Alliance First National Bank under act Nov. 7,1918.
76
REPORT OF THE COMPTROLLER OF THE CURRENCY.
National banks chartered during the year ended October 31, 1922—Continued.
OKLAHOMA—continued
12067
12068
12069
12074
12076
12078
12079
12081
12082
12086
12087
12088
12089
12093
12094
12095
12099
12102
12103
12104
12106
12107
12109
12111
12113
12116
12117
12118
12120
12125
12126
12128
12129
12130
12131
12133
12134
12135
12136
12141
12142
12144
12147
12148
12149
12150
12152
12155
12157
12158
12161
12163
12165
12169
12171
12173
12177
12179
12185
12188
12200
12203
12206
12207
12211
12212
12215
12218
12221
12223
12230
12237
12239
12245
12265
American National Bank of Lawton
Citizens National Bank of Kingfisher
Hominy National Bank, Hominy
State National Bank of Weleetka
Barnsdall National Bank, Barnsdall
Wellston National Bank. Wellston
First National Bank of Sand Springs
Helena National Bank, Helena
American National Bank of Stillwater
First National Bank of Putnam
American National Bank of Holdenville
First National Bank of Hitchcock
Liberty National Bank of Tahlequah
Farmers National Bank of Elk City
Farmers National Bank of Waurika
State National Bank of Stroud
National Bank of Commerce of Wetumka
First National Bank in Kenefick w
First National Bank of Locust Grove
State National Bank of Depew
State National Bank of Idabel
First National Bank of Hinton
First National Bank of Leedey
Security National Bank of Coweta
Clarks National Bank of Aline
First National Bank of Centrahoma
American National Bank of Pryor Creek "
American National Bank of Walters
American National Bank of Apache
Farmers National Bank of Texhoma
American National Bank of Durant
Farmers & Merchants National Bank of Hooker
First National Bank in Marlow
First National Bank in Blair
First National Bank of Brinkman
First National Bank of Binger
McClain County National Bank of Purcell
Le Flore County National Bank of Poteau
City National Bank of Hugo
First National Bank of Fletcher
First National Bank in Granite
Security National Bank of Ada
First National Bank of Carter
First National Bank of Coyle
City National Bank of Davis
Oklahoma National Bank of Hastings
Central National Bank of Alva
Altus National Bank, Altus
City National Bank in Norman
Central National Bank of Poteau 12
First National Bank of Kemp City
Farmers National Bank of Tyrone
First National Bank of Shidler
First National Bank of Wheatland
First National Bank in Dustin
First National Bank of Ninnekah
Shidler National Bank, Shidler
Texas County National Bank of Guymon
Peoples National Bank of Custer City
MilTCreek National Bank, Mill Creek
*.....
First National Bank of Calumet
American National Bank of Beggs
Security National Bank of NewErK
Farmers National Bank of Erick
First National Bank in Bokchito
National Bank of Commerce of Pawhuska
Exchange National Bank of Pauls Valley
Kiowa National Bank in Snyder
First National Bank of Loco
First National Bank of Britton
Farmers National Bank of Chickasha
Farmers National Bank of Hollis
First National Bank in Kiefer
First National Bank of Cheyenne
American National Bank of Boynton
Total (95 banks)
« P. O. Keneflc.
" P. O. Pryor
lap.O.Hendrix.
$100,000
50,000
25,000
25,000
50,000
25,000
50,000
25,000
50,000
25,000
75,000
25,000
50,000
50,000
25,000
25,000
30,000
25,000
25,000
25,000
50,000
25,000
25,000
30,000
25,000
25,000
25,000
30,000
25,000
25,000
100,000
40,000
25,000
25,000
25,000
25,000
30,000
25,000
100,000
25,000
25,000
100,000
25,000
25,000
25,000
25,000
50,000
50,000
50,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25.000
25,000
25,000
25,000
25,000
50,000
30,000
25,000
25,000
50,000
50,000
25,000
25,000
25,000
100,000
25,000
25,000
25,000
25,000
4,540,000
KEPORT OF THE COMPTROLLER OF THE CURRENCY.
77
National banks chartered during the year ended October 31, 1922—Continued.
12077 Coos B a y National Bank of Marshfield.
12193 First National Bank of Mount Angel...
12262 Vale National Bank, Vale
$50,000
30,000
50,000
130,000
Total (3 banks)..
PENNSYLVANIA.
12063 First National Bank of Windsor
12098 Moxhan National Bank of Johnstown
12137 Kittenhouse National Bank of Philadelphia l
12159 Nescopeck National Bank, Nescopeck
12189 First National Bank in Conneautville
12192 First National Bank of Center Hall
12197 National Bank of Penbrook
12261 Peoples National Bank of State College
Total (8 banks).
25,000
200,000
500,000
25,000
50,000
25,000
25,000
50,000
900,000
SOUTH CAROLINA.
12146 Carolina National Bank of Spartanburg.
12175 Carolina National Bank of Anderson
12233 First National Bank of St. George
200,000
200,000
50,000
450,000
Total (3 banks).
TENNESSEE.
12080
12257
12264
First National Bank of Loudon
Kockwood National Bank, Rockwood..
City National Bank of Rockwood
150,000
Total (3 banks).
12055
12062
12070
12091
12101
12110
12119
12138
12162
12166
12182
12186
12187
12190
12199
12235
12236
12241
12247
50,000
50,000
50,000
Public National Bank of Houston
Guaranty National Bank of Houston
State National Bank of Houston
Merchants National Bank of Port A r t h u r . . .
Follett National B a n k , Follett
First National Bank of Ennis
Security National Bonk of Harlihger "
Texas National Bank of Beaumont
Commercial National Bank of San Antonio..
City National Bank in Wellington
First National Bank of Kenedy
Republic National Bank of Dallas
Nichols National Bank of Kenedy
Prendergast-Smith National Bank of Mexia.
City National Bank of Beaumont
State National Bank of Corpus Christi
State National Bank of Brownsville
Farmers National Bank of Buda
Corrigan National Bank, Corrigan
Total (19 banks)
300,000
200,000
200,000
100,000
25,000
200,000
25,000
250,000
200,000
100,000
50,000
[,000,000
60,000
100,000
100,000
100,000
100,000
30 000
25,000
3,165,000
VIRGINIA.
12092
12151
12183
12204
12229
12240
12251
First National Bank of Poquoson 15
Continental National Bank of Norfolk ^
First National Bank of Victoria
Leesburg Upperville National Bank of Leesburg l
National Bank of Blacksburg
Citizens National Bank of Emporia
First National Bank of Kenbridge
Total (7 banks).
25,000
350,000
25,000
25,000
75,000
180,000
45,800
725,800
J
3 Consolidated on Apr. 25,1922, with Corn Exchange National Bank of Philadelphia under act Nov. 7,
" Title changed on Apr. 17,1922, to The First National Bank in Harlingen.
15 p . o . Odd.
i« With one branch in Norfolk. Consolidated on May 6,1922, with The Seaboard National Bank of Norfolk, under act Nov. 7,1918.
" With one branch at Upperville, Va., Consolidated on Aug. 1,1922, with The Peoples National Bank
of Leesburg under act Nov. 7,1918.
#
78
REPORT OF THE COMPTROIJLER OF THE CURRENCY.
National banks chartered during the year ended October 31,1922—Continued.
12085
12114
12121
12143
12153
12154
12170
12180
12181
12184
12217
12231
12234
12246
Auburn National Bank, Auburn.
First National Bank of Enumclaw
First National Bank of Redmond
Enumclaw National Bank, Enumclaw..
University National Bank of Seattle
Skagit National Bank of Mount Vernon.
First National Bank in Odessa
First National Bank in Sprague
Sunnyside National Bank, Sunnyside...
Security National Bank of Palouse
Kent National Bank, Kent
State National Bank of Garfield
American National Bank of Bellingham
West Side National Bank of Yakima....
Total (14 banks).
$50,000
60,000
25,000
50,000
200,000
50,000
40,000
30,000
50,000
50,000
40,000
50,000
100,000
100,000
895,000
WEST VIRGINIA.
12075 Oak Hill National Bank, Oak Hill
50,000
WISCONSIN.
12124
First National Bank of Eagle River
Total United States (232 banks)
25,000
National banks organized, failed, and reported in voluntary liquidation during the year
ended October 31, 1922.
Failed.
Organized.
States.
Num- Authorized Num- Capital.
ber.
ber.
capital.
Voluntary liquidations.
Gross
assets.
Massachusetts
Connecticut
3
1
Total New England States...
New York
New Jersey
Pennsylvania
Maryland
District of Columbia..
Total Eastern
States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas...
Arkansas
Kentucky
Tennessee
Total Southern
States
Number.
11 $5,865,000
9 1,425,000
900,000
8
2
400,000
30
8,590,000
7
1
3
3
4
4
725,800
50,000
340,000
450,000
475,000
275,000
2
585,000
19
4
2
3
3,165,000
125,000
125,000
150,000
52
6,465,800
1
$50,000
$425,931
1
50,000
425,931
1
2
1
25,000
50,000
50,000
60,000
5
185,000
il
303,932
134,854
327,620
851,274r
1,617,680
Capital.
$550,000
200,000
Gross assets.
$3,534,181.38
1,306,700.35
4
750,000
4,840,881.73
9
2
3
3
1
6,650,000
250,000
575,000
550,000
200,000
173,303,483.40
4,781,073.84
6,879,974.73
6,576,316.90
2,720,757.81
18
8,225,000
194,261,606.68
1
1,000,000
15,853,976.61
1
1
50,000
50,000
372,386.72
304,749.55
1
1
2
1
9
1
200,000
200,000
175,000
50,000
895,000
40,000
1,949,396.24
1,823,009.89
1,516,754.14
212,709.23
8,903,623.07
358,811.61
18
2,660,000
31,295,417.06
79
REPORT OF T H E COMPTROIiiER OF THE CURRENCY.
National banks organized, failed, and reported in voluntary liquidation
ended October 81, 1922—Continued.
Voluntary liquidations.
Failed.
Organized.
during the year
States
Num- Authorized Number.
ber.
capital.
Gross
assets.
Capital.
Number.
2
2
4
2
1
2
1
4
225,000
600,000
560,000
225,000
25,000
225,000
35,000
1,150,000
18
3,045,000
1
125,000
1,677,159
2
50,000
22
50,000
492,065
1
2
25,000
50,000
2
250,000
2,388,766
7
300,000
i
200,000
95
4,540,000
1
34
25,000
525,000
101
4,865,000
16
14
3
11
1
895,000
130,000
775,000
50,000
1
1
25,000
50,000
Total
Pacific
States
31
Total of United
States
232
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri. .
Total Middle
Western States
North Dakota
South Dakota
Nebraska
Kansas
Montana.
Colorado
New Mexico
Oklahoma
Total Western
States
Washington
Oregon
California
Idaho.
Utah
Arizona.
Alaska.
Capital.
Gross assets.
5
1
650,000
350,000
13,018,785.40
7,335,178.78
1
3
1
500,000
410,000
25,000
3,839,676.22
2,556,928.56
396,094.55
11
1,935,000
27,146,663.51
2,058,811
3
3
1
4
100,000
150,000
60,000
290,000
357,959.58
1,515,676.93
234,964.41
2,516,160.77
95,576
4,145,649
4
2
200,000
110,000
1,176,346.82
1,130,118.79
1,150,000
9,180,867
17
910,000
6,931,227.30
2
2
2
2
125,000
50,000
55,000
275,000
1,322,869
575,676
1,293,010
3,691,427
32
1
2
4,350,000
25,000
55,000
59,422,261.58
233,071.16
460,260.91
1,925,000
8
505,000
6,882,982
35
4,430,000
60,115,593.65
24,890,800
31
2,015,000
19,784,619
103
18,910,000
324,591,389.93
1
125,000
1,677,159
1
Afterwards restored to solvency.
* One bank was restored to solvency.
» Three banks were restored to solvency with aggregate capital of $325,000.
Number and classification of national banks chartered during the year ended October 31,1922,
Conversions.
R eorganizations.
Primary organi- "
zations.
Total.
Months.
Number.
Number.
$975,000
1,200,000
680,000
1,570,000
2,170,000
2,380,000
1,155,000
2,515,000
660,000
375,000
45,800
90,000
November..
December..
January
February..
March
April
May
June
July
August
.
September.
October
Total
Capital.
129
13,815,800
Capital.
Number.
$25,000
785,000
225,000
50,000
775,000
50,000
175,000
275,000
525,000
3,120,000
Number.
$525,000
675,000
210,000
650,000
25,000
950,000
420,000
3,175,000
175,000
300,000
575,000
275,000
235,000
31
Capital.
72
7,955,000
Capital.
$1,525,000
2,660,000
1,115,000
2,270,000
2,970,000
3,380,000
1,750,000
5,965,000
835,000
910,000
620,800
890,000
232
24,890,800
80
EEPORT OF THE COMPTROLLER OF THE CURRENCY.
CONVERSIONS OF STATE BANKS AND PRIMARY ORGANIZATIONS AS NATIONAL BANKS SINCE 1900.
The number and capital, by classes, of conversions, reorganizations,
and primary organizations of national banks, are shown in the
following table:
Summary, by classes, of national banks chartered from March 14,1900, to October 81,1922.
Conversions of
State banks.
Classification.
Number.
Number.
Capital.
Primary organizations.
Number.
Capital.
Total.
Number.
Capital.
785 $20,825,800
603 98,607,800
1,113 $29,492,000
680 105,935,000
2,437 $62,750,500
1,383 171,065,000
4,335 $113,068,300
2,666 375,607,800
1,388 119,433,600
1,793 135,427,000
3,820 233,815,500
7,001
Capital less than $50,000..
Capital $50,000 or over....
Total
Capitol.
Reorganizations
from State and
private banks and
National banks.
488,676,100
Number and capital of State banks converted into national banking associations in each
State and Territory from 1863 to October 81, 1922.
State or Territory.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Eastern States
Number of
banks.
34
28
22
182
52
65
$4,605,000
2,595,000
2,029,990
65,641,200
16,717,550
18,932,770
383
110,521,510
223 105,906,291
46
8,620,450
109 31,894,095
6
585,010
35 10,224,372
5
880,000
424
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Ken t ucky
Tennessee
Southern States
Capital.
158,110,218
5,797,100
2,183,900
3,111,000
3,912,000
2,587,000
1,815,000
2,760,000
640,000
3,575,000
4,257,500
2,232,500
5,581,900
3,965,000
432
42,417,900
State or Territory.
Ohio
Indiana
Illinois '.
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Middle Western States..
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Western States
Washington
Oregon
California
Idaho
Nevada
Arizona
Number of
banks.
Capital.
23
25
32
21
31
104
41
42
$2,840,000
1,608,000
3,455,000
2,495,000
2,295,000
6,666,000
1,895,000
14,814,300
319
= =
79
47
71
73
37
9
32
7
180
535
36,068,300
55
26
102
26
1
4
5,125,000
1,576,000
20,822,800
1,080,000
50,000
250,000
2,610,000
1,625,000
3,400,000
3,152,000
1,485,000
320,000
2,130,000
400,000
7,510,000
22,632,000
Pacific States
214
28,903,800
United States
2,307
398,653,728
EXPIRATIONS AND EXTENSIONS OF CHARTERS OF NATIONAL
BANKS.
Charters were granted to national banks for a period of 20 years
from the date of the execution of the organization certificate. In
the eight months ended July 1 last, the effective date of the act
conferring upon all national banks in existence on that date a corporate existence of 99 years, regardless of prior extensions, 236
banks, with capital of $24,332,500, reached the termination of their
existence, and their charters were extended for an additional period
of 20 years under authority of the act of July 12, 1882. in the
REPORT OF T H E COMPTROLLER OF T H E CURRENCY.
81
same period charters of 97 banks, with capital of $40,670,000, extended under the act of 1882, were extended for a further period of
20 years under the act of April 12, 1902. The total number of extensions of charters under the act of 1882 is 4,336 and under the act
of 1902, 1,512.
Number of national banks in each State the charters of which were extended under the act
of July 12, 1882, to July 1, 1922.
State or Territory.
Number of
banks.
85
60
51
273
61
88
New Hampshire
Vermont.
Massachusetts
Rhode Island..
Connecticut..
New En g l a n d
States
618
New York
New Jersey
Pennsylvania
Delaware
Maryland...
District of Columbia
371
122
530
19
77
11
Eastern States
1,130
Virginia... . . .
West Virginia
55
51
35
17
37
17
North Carolina
South Carolina
Georgia
Florida
State or Territory.
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky .
Tennessee
Southern States
Ohio
Indiana
Illinois.
Michigan
Wisconsin
Minnesota
Iowa..
Missouri
M i d d l e Western
States
North Dakota.. . .
South Dakota
Number of
banks.
31
12
20
275
10
93
49
702
268
137
264
86
88
116
215
76
State or Territory.
Nebraska
Kansas...
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Western States
Washington..
Oregon
California
Idaho.
Utah
Nevada
Arizona..
Alaska
Pacific States
1,250
47
41
Number of
banks.
109
126
22
14
45
13
87
504
28
27
45
11
11
1
7
1
131
1
Hawaii
United States
4,336
REEXTENSION OF NATIONAL BANK CHARTERS.
Number of national banks in each State the charters of which were reextended under the act
of July 12, 1882, as amended April 12, 1902, toa July 1, 1922.
State.
Number of
banks.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
55
40
35*
164
24
68
New E n g l a n d
States
386
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
211
59
202
14
35
3
Eastern States
524
Virginia.
West Virginia
North Carolina
18
12
6
State.
South Carolina
Georgia
Alabama
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Southern States
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
M i d d l e Western
States
Number of
banks.
8
9
4
1
13
1
29
17
118
113
54
96
25
27
24
66
12
State.
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Western States
Washington
Oregon
California...'
Utah
Number of
banks.
6
4
13
8
3
2
13
4
53
1
2
9
2
Pacific States
14
United States
1,512
417
CHANGES OF TITLE OF NATIONAL BANKS.
During the last year 35 national banking associations were authorized to change their corporate titles, or titles and locations under the
act of May 1, 1886.
82
REPORT OF THE COMPTROLLER OF THE CURRENCY.
The following is a list of the banks involved in the changes with
date of approval indicated:
Changes of corporate title of national banks, year ended October SI, 1922.
No.
Title and location.
Date.
3188
The Farmers and Merchants National Bank of Fremont, Nebr.,to "The Union National
Bank of Fremont"
The Citizens National Bank of Cincinnati, Ohio, to" The Citizens National Bank &
Trust Co. of Cincinnati"
Farmers National Bank of Pond Creek, Okla., to " First National Bank in Pond Creek"..
The Exchange National Bank of Long Beach, Calif., to "The Long Beach National
Bank"
1921.
Dec. 8
Dec. 10
Dec. 19
2495
10005
8510
11384
1788
6794
7649
7796
11929
11
10527
11550
10801
11329
6974
11492
11460
7125
5512
12119
1997
11861
7121
1011
2360
2160
3052
11436
9626
1790
11900
11853
10094
Dec. 21
1922.
Jan. 4
The Security National Bank of Temple, Okla., to " First National Bank in Temple"
The Merchants National Bank of Dayton, Ohio, to "The Merchants National Bank and
Jan. 16
Trust Co. of Dayton"
The First National'Bank of Wilson, Pa., to "The First National Bank of Clairton"
Jan. 16
(change in title of location)
Jan. 16
The National Bank of Logan, Ohio, to " First National Bank in Logan"
The Central National Bank of St. Petersburg, Fla., to "The Central National Bank and
Jan. 16
Trust Co. of St. Petersburg"
The National Bank of Iron Mountain, Mich., to "The United States National Bank of
Jan. 17
Iron Mountain"
The First and Hamilton National Bank of Fort Wayne, Ind., to "First National Bank
Jan. 19
of Fort Wayne"
The First and Old Detroit National Bank, Detroit, Mich., to "First National Bank in
Jan. 19
Detroit"
The First National Bank of Motordale, Minn., to "First National Bank of New Germany'
Feb. 3
(to conform to change of name of place of location)
The Peoples National Bank of Harrison, Ark., to " First National Bank in Harrison"... Feb. 4
The First National Bank of Willard, N. Mex., to "The First National Bank of MounFeb. 7
tainair" (change of location)
The Deming National Bank, Deming, N. Mex., to " First National Bank in Deming"... Feb. 15
The Security National Bank of Lima, Mont., to " The First National Bank of Lima".... Feb. 23
The First National Bank of Bigheart, Okla., to " The First National Bank of Barnsdall"
Mar. 6
(to conform to change of name of place of location)
The Moffet Bros.' National Bank of Larned, Kans., to " First National Bank in Lamed". Mar. 21
Apr. 11
Albany National Bank, Albany, Ga., to "Albany Exchange National Bank"
The Security National Bank of Harlingen, Tex., to "The First National Bank of HarApr. 17
lingen"
The Clinton County National Bank of Wilmington, Ohio, to "The Clinton County
May 9
National Bank and Trust Co. of Wilmington"
The First National Bank of Lyons, Iowa, to " First National Bank of Lyons at Clinton"
June 6
(to conform ta change of name of place of location)
The Payday National Bank of Minneapolis, Minn., to " The Marquette National Bank of
Minneapolis"
June 26
The First National Bank of White Hall, 111., to " Peoples-First National Bank of White
June 30
Hall"
The Ocean National Bank of Newburyport, Mass., to " First and Ocean National Bank
of Newburyport"
July 1
The Lebanon National Bank, Lebanon, Ohio, to " Lebanon National Bank & Trust Co.". July 5
The National Exchange Bank of Steubenville, Ohio, to " The National Exchange Bank
and Trust Co. of Steubenville"
July 17
The Phoenix and Third National Bank of Lexington, Ky., to " Phoenix National Bank
and Trust Co. of Lexington"
July 17
The Citizens National Bank of Lenapah, Okla., to " The First National Bank of Lenapah; Aug. 22
The First National Bank of Fort Bragg, Calif., to "The Coast National Bank of Fort
Sept. 5
The Madison National Bank of Richmond, Ky., to "The Madison National Bank &
Trust Co. of Richmond"
Sept. 6
The National Bank of Gallup, N. Mex., to "The First National Bank in Gallup"
Oct. 10
Oct. 20
American National Bank of Modesto, Calif., to " First National Bank in Modesto"
Oct. 30
The National Bank of Hastings, Okla., to "First National Bank in Hastings''
CHANGES
OF TITLE
INCIDENT TO CONSOLIDATIONS
NATIONAL BANKS.
OF
In the consolidation of national banks under the act of November 7,
1918, a number of changes resulted in the corporate title of banks
under the charter of which consolidations were effected.
In the following statement the titles of the banks consolidating and
also the new titles of the consolidated banks are given:
The Alliance National Bank, Alliance, Ohio (12034), and The First National Bank
of Alliance (3721), consolidated under the charter of the latter, with title: Alliance
First National Bank.
The Greensboro National Bank, Greensboro, N. C. (5031), and The American
Exchange National Bank of Greensboro (10112), consolidated under the charter of
the latter, with title: American Exchange National Bank of Greensboro.
83
BEPORT OF THE COMPTEOLI^ER OF THE CUBREKCY.
The City National Bank of Grand Rapids, Mich. (12108), and The Grand Rapids
National City Bank (3293), consolidated under the charter of the latter, with title:
Grand Rapids National Bank.
The Seaboard National Bank of the City of New York (3415) and Mercantile National
Bank in New York (12123), consolidated under the charter of the latter, with title:
The Seaboard National Bank of the City of New York.
The Rittenhouse National Bank of Philadelphia, Pa. (12137), and The Corn
Exchange National Bank of Philadelphia (542), consolidated under the charter of
the latter, with title: Corn Exchange National Bank of Philadelphia.
The First National Bank of New Castle, Ind. (804), and The Farmers National
Bank of New Castle (9852), consolidated under the charter of the latter, with title:
The Farmers and First National Bank of New Castle.
The First National Bank of Camden, N. J. (431), and The National State Bank of
Camden (1209), consolidated under the charter of the latter, with title: The First
National State Bank of Camden.
The People's National Bank of Sistersville, W. Va. (6548), and The Farmers and
Producers National Bank of Sistersville (5028), consolidated under the charter of the
latter, with title: The Union National Bank of Sistersville.
The Utah National Bank of Ogden, Utah (2880), and The First National Bank of
Ogden (2597), consolidated under the charter of the latter, with title: The First
& Utah National Bank of Ogden.
American National Bank of Washington, D. C. (6716), and the Federal National
Bank of Washington (10316), consolidated under the charter of the latter, with title:
Federal-American National Bank of Washington.
Number of national banks increasing their capital, together with the amount of increase
monthly for the years ended October 31, 1920, 1921, and 1922.
1920
1921
1922
Months.
Number.
November.
December..
January
February..
March
April
May
June
July
August
September.
October
Total
28
24
107
50
77
69
49
53
. 75
36
19
Capital.
Number.
Capital.
270,000
015,000
805,000
900,000
615,000
030,100
084,000
694,000
695,000
515,000
485,000
510,000
$985,000
1,580,000
5,605,800
4,575,000
1,495,000
5,700,000
1,090,000
2,765,000
1,760,000
295,000
1,510,000
475,000
104,618,100
259 27,835,800
Number.
Capital.
$2,690,000
425,000
3,320,000
7,420,000
1,286,000
3,030,000
2,055,000
4,040,000
6,074,850
1,821,500
1,200,000
1,665,000
229
35,027,350
DOMESTIC BRANCHES OF NATIONAL BANKS.
Under authority of section 5155, of the Revised Statutes of the
United States, the following national banks, formerly State banks,
continue to operate the branches indicated:
California:
Bank of California, National Association, San Francisco; capital, $8,500,000.
Branch at Portland, Oreg.; capital, $300,000.
Branch at Seattle, Wash.; capital, $200,000.
Branch at Tacoma, Wash.; capital, $200,000.
Louisiana:
Calcasieu National Bank of Southwestern Louisiana, Lake Charles; capital,
$750,000.
Branch at De Quincy; capital, $21,000.
Branch at Jennings; capital, $105,000.
Branch at Kinder; capital, $30,000.
Branch at Lake Arthur; capital, $33,000.
Branch at Oakdale; capital, $60,000.
Branch at Sulphur; capital, $21,000.
Branch at Vinton; capital, $45,000.
Branch at Welsh; capital, $60,000.
84
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Michigan:
City National Bank of Battle Creek; capital, $350,000.
* Branch in Battle Creek; capital, $25,000.
National Union Bank of Jackson; capital, $400,000.
Branch in Jackson; capital, $100,000.
Mississippi:
Pascagoula National Bank of Moss Point; capital, $75,000.
Branch in Pascagoula; capital, $25,000.
New York:
Chatham & Phoenix National Bank of New York; capital, $10,500,000.
Twelve branches in the city of New York, with capital of $100,000 assigned to
each.
Public National Bank of New York; capital, $3,000,000.
Five branches in the city of New York, with capital of $100,000 assigned to each.
Seaboard National Bank of the City of New York; capital, $4,000,000.
Two branches in the city of New York, with capital of $100,000 assigned to each.
North Carolina:
American Exchange National Bank of Greensboro; capital, $750,000.
Branch in Greensboro; capital, $150,000.
Oregon:
First National Bank of Milton; capital, $50,000.
Branch at Freewater; capital, $10,000.
Washington:
Union National Bank of Seattle; capital, $600,000.
Branch at Ballard; capital, $50,000.
Branch at Georgetown; capital, $50,000.
Under the consolidation act of November 7, 1918, converted State
banks having branches were consolidated with the following banks
and the branches continued:
California:
The First National Bank of Lemoore; capital, $150,000.
Branch at Stratford; capital, $25,000.
District of Columbia:
The Riggs National Bank of Washington, D. C ; capital, $1,000,000.
Three branches in the city of Washington, with capital of $10,000 assigned
to each.
Georgia:
The Fourth National Bank of Atlanta; capital, $1,200,000.
Four branches in the city of Atlanta, with capital of $50,000 assigned to each.
Branch at Decatur; capital, $25,000.
Michigan:
Grand Rapids National Bank of Grand Rapids; capital, $1,000,000.
Nine branches in the city of Grand Rapids with capital of $10,000 assi
to each.
* ^
New York:
Chase National Bank of New York; capital, $20,000,000.
Seven branches in the city of New York, with capital of $100,000 assigned
to each.
Irving National Bank of New York; capital, $12,500,000.
Eight branches in the city of New York, with capital of $100,000 assigned
to each.
Mechanics & Metals National Bank, New York; capital, $10,000,000.
Twelve branches in the city of New York, to which is assigned $50,000 capital
each to eight, and $100,000 each to four of the branches.
National City Bank of New York; capital, $40,000,000.
Three branches in the city of New York, with capital of $100,000 assigned
to each.
National Commercial Bank & Trust Company of Albany; capital, $1,250,000.
Branch in Albany; capital, $100,000.
Virginia:
First National Bank of Abingdon; capital, $200,000.
Branch in Abingdon; capital, $25,000.
Peoples National Bank of Leesburg; capital, $100,000.
Branch at Upperville; capital, $10,000.
Seaboard National Bank of Norfolk; capital, $800,000.
Branch in Norfolk; capital, $50,000.
85
REPORT OF THE COMPTROLLER OF THE CURRENCY.
List of national banks, with number of additional local offices and dates of approval of their
establishment, year ended October 31, 1922.
Location.
Title of bank.
Number of
additional
offices.
California:
Long Beach.
Los Angeles.
Do
Long Beach National Bank.
Commercial National Bank.
First National Bank
Merchants National Bank...
Do.
Central National Bank
Oakland
California National Bank—
Sacramento
District of Columbia: Washington Biggs National Bank
Atlanta National Bank
Georgia: Atlanta
Louisville National Bank...
Kentucky: Louisville
Maryland:
Merchants National Bank
Baltimore
Farmers & Merchants National Bank.
Do
Fourth Atlantic National Bank
Massachusetts: Boston
Michigan:
National Bank of Commerce.
Detroit
First National Bank
Ludington
New York:
Buffalo
Community National Bank.
New York
Public National Bank
Richmond Hill National Bank of N. Y
Do
Jefferson County National Bank
Watertown
Yonkers National Bank
Yonkers
American Exchange National Bank
North Carolina: Greensboro
Brotherhood of Locomotive Engineers CooperaOhio: Cleveland
tive National Bank.
Pennsylvania:
First National Bank
Chester
McKees Rocks
.....do
Philadelphia
Corn Exchange National Bank
Central National Bank
Do
First National Bank
Do
Fourth Street National Bank
Do
Reading National Bank...»
Reading
West Branch National Bank
Williamsport
Bank of Charleston National Banking Association.
South Carolina: Charleston.
Virginia:
Planters National Bank
Richmond
American National Bank
DD
Merchants National Bank
Do
Total. . . € .
1
Date of
approval
of establishment
of additional
offices.
1922.
/Oct. 11
\Oct. 27
June 13
July
1
TAug. 1
tOct. 11
Aug. 2
Sept. 6
Sept. 8
Sept. 22
/July 20
\Aiig. 15
Aug. 1
Aug. 18
Aug. 23
July
Sept.
Aug.
/July
\Aug.
Aug.
Oct.
Oct.
July
Sept.
19
8
18
18
29
1
13
24
24
8
2 Sept. 22
1 Oct. 24
12
1
1
1
1
1
2
July
July
July
Aug.
Aug.
Aug.
Aug.
18
24
25
17
24
31
30
1 July
4 July
1 July
19
20
21
51
Sites of offices of trust company converted and consolidated with this bank.
FOREIGN BRANCHES OF NATIONAL BANKS.
In accordance with the provision of section 25 of the Federal reserve act, "any national banking association possessing a capital and
surplus of $1,000,000 or more may, with the approval of the Federal
Keserve Board, establish branches in foreign countries or dependencies or insular possessions of the United States for the furtherance of
the foreign commerce of the United States, and to act, if required to
do so, as fiscal agents of the United States."
Only two national banks, however, have taken advantage of this
provision of the law, namely, the First National Bank of Boston and
the National City Bank of New York.
The location and the condition of each foreign branch of the banks
referred to is shown in the following statement as of June 30, 1922:
Condition offoreign branches of National City Banhf New York, N. Y., and First National Bank, Boston, Mass., June SO, 1922.
00
RESOURCES.
[In thousands of dollars.]
Country and city.
Cuba:
Bayama
Caibarian
Cardenas"
CApgiyr\p> A vila.
Cienfuegos
Colon
Cruces
Cuatro Caminos
Q\ I at) t a ^ftTno
Havana
Havana-Galiano St. Branch
Manzanillo
Mantanzas
Nuevitas
......
... ...
Pinar del Rio
Placetas del Norte
Remedios
Sagua la Grande
Sancti Spiritus
Santa Clara
Santiago de Cuba
Union de Reyes
Yaguajay
Brazil:
Recife Pernambuca
Rio de Janeiro
Sao Paulo
Argentina:
Buenos Aires
Rosario
Belgium:
Antwerp
...
Brussels
Loans and
discounts
including
overdrafts
and rediscounts.
160
1,096
819
661
128
761
1,022
491
14
172
195
44,175
153
362
637
133
55
98
135
384
240
85
670
572
834
Letters of
credit
and
acceptances.
Furniture
and fixtures Due from
and
home
real estate
office.
owned.
Bonds.
Due from
Checks
other
and
banks.
cash items.
1
1
490
115
962
858
18
258
67
407
3,476
1,919
-9
2
1,452
15 370
8,533
302
6,424
243
206
9
320
93
6
4
23,757
2,399
12
8
5
2,309
4,241
4
1,311
1
45
725
#....
3,658
3,790
3
66
231
1,644
935
26
5i>
48
7
90
10
1
5
7
260
142
16,801
1,748
3
1 060
3,068
1
219
1,202
1 053
1,702
420
1 023
2,314
582
115
1,189
436
60,380
1,414
585
925
326
151
200
330
534
417
714
2,132
652
917
292
3
Aggregate.
37
41
187
967
154
152
607
83
30
161
151
3,233
224
183
171
116
25
76
93
116
137
348
1,250
68
63
124
302
*Other
assets.
Cash.
20
47
30
59
13
73
86
7
26
128
24
2,277
101
13
113
18
23
9
12
29
28
21
80
12
19
18
912
10 033
5,687
878
514
Due from
branches.
118
* '
322
593
29
55
17
11
1
37
1
1
61
1
1
4
4
4
14
3
Chile:
Valparaiso
Porto Rico:
Ponce
Colombia:
England:
London
France:
Paris
Italy:
Genoa . .
Peru:
Lima
Uruguay:
Venezuela:
250
2,998
2,144
302
1,325
225
264
417
26
23
1,086
57
*
130
886
87
67
87
86
19
403
31
75
42
291
2,664
77
20
15
8
474
3,180
1
.
......
.
Total
First National Bank of Boston, Mass.:
Argentina, Buenos Aires
1
1,918
17,947
1,119
2,547
497
70
9,260
185
1,502
29
56
98
369
1,623
697
571
3
8
206
125
46
27
1,421
247
1
146
224
77
783
2,004
2,001
990
27
47
63
61
120,931
3,201
21,882
3,853
2,667
21,624
157
755
1,652
1
4,209
3,481
181
7,623
16,675
4,384
17,848
6,190
170
423
15
26,307
11,603
4
3,369
3,833
4
4
238
2,395
g
s
no
H
2,457
w
199,302
o
30,972
w
a
a
oo
00
00
Condition of foreign branches of National City Bank, New York, N. F., and First National Bank, Boston, Mass., June SO. 1922.
LIABILITIES.
[In thousands of dollars.]
Capital.
Cuba:
Artemisa
Bayama
Caibarian
!!
'
L
Cardenas
Ciego de Avila
Cienfuegos
Colon
Cruces
Cuatro Caminos
Guantanamo .
Havana
....
Manzanillo
.
Matanzas
Nuevitas
Pinar del Rio
Placetas del Norte.
Sagua la Grande
Sancti Spiritus
Santa Clara
Santiago de Cuba
Union de Reyes
Yaguaiav
Brazil:
Recife Pernambuco
Rio de Janeiro
Sao Paulo
Argentina:
Buenos Aires
Rosario
. .
Due to
home
office.
1
3
. . .
'
1,000
1
121
1
120
102
1,185
160
626
5,709
2,773
a 418
3,579
1,567
1,650
13,280
2,038
1,212
29
2
71
4
1
545
11
161
75
173
2,534
2,247
844
212
501
32
3,079
36
2
1
6
71
15
4
20
5
4
34
10
697
Rediscounts.
20
2
1
40
160
336
1
Individual
deposits.
168
530
752
424
41,633
Due to
other
banks.
Letters
of credit
and
acceptances
executed
by reporting bank.
183
45
348
1,247
403
446
1,839
149
110
1,150
423
13,645
1,360
394
469
311
147
170
317
434
396
706
1,852
70
127
*529
14
---
Due to
branches.
31
1,051
631
362
2
1
2
2
i
. .
Profits,
including
amount
reserved
for taxes
and interest
accrued.
1,089
518
13
20
10
1
12
4
3
18
3,255
72
.
Acceptances
executed
by other
banks.
Other
liabilities.
2
102
68
16
1
42
143
4
1
2
3
1,052
4
310
2
717
18
84
5
3
18
8
17
3
4
54
50
36
2
9
34
612
2
7
6
1,039
_
oo
^
250
1
£2
1
1
-**
Belgium:
Antwerp
Brussels
Chile:
Santiago
Valparaiso
......
Porto Rico:
Ponce
. .
. .San Juan
Colombia:
Barranquilla
England:
London
France:
Paris
Italy:
Genoa
Peru:
Lima
Uruguay:
Montevideo..
Venezuela:
Caracas
Total
First National Bank of Boston, Mass.: Argentina,
Buenos Aires
52
30
625
113
397
667
19
178
7
136
19
239
1,950
1,495
1,541
1,002
1,591
2,028
1,032
13
224
451
2,781
1,134
55
g
4
13
40
20
6
15
3
5
O
1
94
3,725
7,895
7,089
1,005
14
1,055
•2,765
7,345
36
165
223
1,000
22
427
547
1975
371
27
203
9
77
1,081
1,882
12
2
393
51
2
48
1,659
5
5
o
91
2,274
39
19,063
82, 525
5,870
3
4,157
1 12, 468
3,573
232
53
4,822
1,599
53,620
2,000
228
3,042
includes $188,000 of United States deposits.
9,456
2
567
16,374
2
7,330
Includes bills payable.
176
5,185
788
92
1,655
2,750
1
W
3
Q
00
90
REPORT OF THE COMPTROIJLER OF THE CURRENCY.
UNITED STATES BONDS AND OTHER INTEREST-BEARING
OBLIGATIONS.
The public debt of the United States at close of the current fiscal
vear was $22,963,381,708, of which $22,710,338,105 is interest
bearing. In the obligations classed as bonds, aggregating
$15,965,451,970, are the following:
Available as security for national-bank circulation
Panama Canal 3 per cent bonds
Conversion bonds
~
Postal Savings bonds
$793,115,530
50,000,000
28,894,500
11,830,440
Other interest-bearing obligations—notes, certificates and war
savings securities—are as follows:
Liberty loan bonds
Victory Liberty loan notes
Treasury notes
Treasury certificates
War Savings Securities
Treasury savings securities
$15,081, 611, 500
1, 991,183,400
2,246,596,350
1,828,787,500
619,371,842
58,947,043
->-
Of the bonds available as security for national bank circulation,
aggregating $793,115,530, the Treasurer of the United States holds
in trust for national and Federal reserve banks, and to secure public
deposits, $746,651,500. As will be noted by reference to the table
following, over 98 per cent of the Treasurer's holdings of these securities is held as security for national bank circulation. I t further
appears that of the total of these securities, the national banks have
on deposit an amount representing over 92 per cent.
As the paid-in capital of the national banks on June 30, 1922, was
roundly $1,307,000,000 (the measure of the amount of national
bank currency issuable), it is evident that the volume of eligible
bonds is only 60 per cent of the amount necessary to permit the
maximum issue of national bank circulation.
In the following statement is shown the amount of United States
bonds outstanding, eligible as security for national bank circulation,
together with the amount of each class held by the Treasurer of the
United States as security for national bank circulation, Federal
reserve bank notes, and United States deposits.
Class.
Loan of 1925..
Consols, 1930
r
Panama
«. .«
Total
To secure
nationalbank
circulation.
To secure
Federal
reserve
bank
notes.
To secure
deposits,
of
public
moneys.
4 $118,489,900
2 599,724,050
2
74,901,580
$81,548,400
579,642,200
73,625,700
$1,768,000
8,063,400
387,300
$171,500 $83,487,900
1,249,000 588,954,600
196,000 74,209,000
793,115,530
734,816,300
10,218,700
1,616,500 746,651,500
Interest
rate.
Outstanding.
Total.
BANKS' INVESTMENTS IN UNITED STATES BONDS, ETC.
By reference to banks' statements on or about June 30, 1922, it
appears that their investments in United States interest-bearing
obligations amounted to $4,124,463,000, approximately one-fifth of
the aggregate, as follows:
REPORT OF THE COMPTROLLER OF THE CURRENCY.
National banks
State banks and trust companies
Federal reserve banks
Federal land banks x
91
$2,285,459,000
1,214, 708, 000
556,607,000
67, 689,000
4,124,463, 000
United States bonds deposited as security for circulation by banks chartered and by those
increasing their circulation, together with the amount withdrawn by banks reducing
their circulation, and by those closed, during each month, year ended October 31, 1922.
Bonds deposited by
all banks
Bonds
Bonds
Bonds
chartered withdrawn withdrawn withdrawn
and those by banks by banks by banks
increasing reducing in liquida- in insolcirculation circulation.
tion.
vency.
during the
year.i
Date.
1921.
November
December
January
.'
February
March
April
May
June
July...
August
September
October ,..
Total
$1,356,750
1,553,250
$255,000
725,000
$263,000
656,250
2,102,500
1,328,250
3,145,500
3,183,000
4,199,900
1,735,710
1,758,140
1,750,000
3,182, 500
2,383, 750
27,679,250
140,000
103,000
1,120,750
1,210,000
786,250
941,000
1,093,750
400,000
285,000
555,000
7,614,750
910,000
750,000
1,687,750
296,250
1,230,750
125,000
50,000
1,050,000
856, 250
1,670,000
9,545,250
1922.
'..
$150,000
198,750
22,300
371,050
i Includes $4,042,750 deposited by banks chartered during the year.
United States bonds and special certificates of indebtedness for account of Federal reserve
banks, withdrawn during each month, together with the amount on deposit, October 81,
1921-OctoberSl, 1922.
Date.
November.,
December..
January
February..
March
April
May
June
...
July
August
September.
October
Total.,
1921.
Balance on deposit Oct. 31,1922
$20,375,000
13,000,000
1922.
Bonds on deposit Oct. 31,1921
Special certificates of indebtedness on deposit Oct. 31,1921.
Bonds on deposit Oct. 31,1922
Special certificates of indebtedness on deposit Oct. 31,1922.
i Oct. 31,1922.
Special certificates of
Bonds
indebtedness
withdrawn
withdrawn
by banks
b y banks
reducing
reducing
circulation.
circulation.
$825,000
2,350,000
200,000
500,000
750,000
300,000
4,925,000
16,034,000
7,966,000
6,000,000
6,000,000
3,000,000
3,500,000
12,500,000
10,000,000
10,000,000
108,375,000
$13,006,400
146,375,000
• $159,381,400
8,081,400
38,000,000
46,081,400
113,300,000
92
REPORT OF THE COMPTROLLER OF THE CURRENCY.
PROFIT ON NATIONAL BANK CIRCULATION.
In computations made by the Actuary of the Treasury Department,
the profit on the issuance of national-bank circulation is stated to be
measured by the difference between interest at the rate of 6 per cent
on the amount invested in the bonds and the net receipt from interest
on the bonds and interest on 95 per cent of the circulation loaned at
the rate of 6 per cent. The maintenance of the 5 per cent redemption
fund depletes to that extent the volume of loanable funds.
Investment of $100,000 in 4 per cent bonds of 1925 at the market
price in October last would amount to $104,068. The interest on
bonds deposited would be $4,000; interest on circulation, less 5 per
cent redemption fund, at 6 per cent, $5,700; total receipts, $9,700.
Deducting from this amount the circulation tax, expenses for redemption and sinking fund, aggregating $2,731.65, would leave net receipts
of $6,968.35. The difference between the latter amount and interest
at 6 per cent on the cost of the bonds, $6,244.08, represents the measure of profit on the circulation; that is, $724.27, or 0.696 of 1 per cent.
With the deposit of $100,000 2 per cent consols at cost in October
last of $102,858, the profit on circulation would be $761.59, or 0.74
of 1 per cent.
Upon deposit of $100,000 2 per cent Panama Canal bonds of
1916-1936 at a cost in October last of $102,918 the profit on circulation would be $824.95, or 0.802 of 1 per cent.
In the appendix of this report will be found tables compiled by the
actuary, showing the profit on circulation secured by tne classes of
bonds mentioned, based upon the average net price monthly from
November, 1921, to October, 1922; the investment value of United
States bonds, eligible as security for national-bank circulation,
quarterly to October, 1922, and also the monthly range of prices
in New York for these bonds, both coupon and registered, from
November, 1921 to October, 1922.
REDEMPTION OF NATIONAL BANK AND FEDERAL RESERVE
CURRENCY.
The amount of currency received for redemption, by months, from
November 1, 1921, to October 31, 1922, and counted into the cash
of the National Bank Redemption Agency, was as follows:
Date.
November
December
January
February
March
April
May
June
July
August
September
October
1921
•
1922
Total
National bank Federal reserve Federal reserve
notes.
bank notes.
notes.
Total.
$52,046,578.45
54,285,859.49
$13,326,082.50
13,072,562.00
$5,674,035.00
5,864,457.50
$71,046,695.95
73,222,878.99
67,065. 105.78
47,2241 565.57
51,617, 817.30
47,386, 649.93
46,273, 481.39
43,425, 003.01
872.45
27,843, 225.40
38,641, 956.64
53,935, 199.67
12,707,349.00
10,699,458.00
11,034,037.50
9,322,223.50
9,232,277.50
9,305,956.00
7,488,969.00
6,037,074.00
7,407,472.00
8,621,150.00
5,705,220.00
4,551,655.00
4,884,037.50
4,244,657.50
4,813,302.50
5,496,377.50
4,553,582.50
4,394,735.00
4,581,235.00
5,407,607.50
85,477,674.78
62,475,678.57
' 67,535,892.30
60,953,530.93
60,319,061.39
58,227,336.51
49,871,423.95
38,275,034.40
50,630,663.64
67,963,957.17
567,574,315.08
118,254,611.00
60,170,902.50
745,999,828.58
KEPORT OF THE OOMPTBOIXER OF THE CURRENCY.
93
The amount of currency received for redemption from the following
cities was:
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
$49,760,950
140, 596, 525
57,094, 250
23, 954, 700
19, 527, 250
19,954, 500
60, 841, 284
25, 627, 900
16,349, 500
Kansas City
Dallas
* San Francisco
Cincinnati
Baltimore
New Orleans
Other sources
Total
$19, 851,000
21,882, 700
21,232,900
17, 568,000
10, 932, 300
9, 672, 895
233,726, 850
748, 573, 504
The difference between the totals in the foregoing tables is
accounted for by the inclusion of a relatively small amount of United
States currency in remittances.
The average cost per $1,000 for all notes redeemed through cash
was $0.91. The average rates by classes were as follows:
National-bank notes
Federal reserve bank notes
Federal reserve notes
$0.95
92
45
There were also received direct from Federal reserve banks and
their branches canceled Federal reserve notes amounting to
$2,127,406,150, which were not counted into cash and therefore are
not included in the foregoing figures. The average rate per $1,000
for expenses of redemption of this class was $0.10.
The amount of national-bank notes fit for circulation received and
returned to banks during the year ended October 31, 1922, was
$9,554,320.
The total cost of redemption of Federal reserve and national
currency for the fiscal year 1922 was $985,255.83, in accordance with
the following statement:
Charges for transportation, including postage, insurance, and express
charges
$265,809.00
Cost for assorting:
Office Treasurer United States, National
Bank Redemption Agency, salaries
$567,518. 28
Printing, binding, and stationery
17,569.68
Contingent expenses
".. 14,117. 68
$599,205. 64
Office, Comptroller of the Currency, Redemption Division:
Salaries.
117,129.58
Printing, binding, and stationery
2,343.80
Contingent expenses
767.81
120,241.19
719,446.83
Total
985,255.83
94
REPORT OF THE COMPTROLLER OF THE CURRENCY.
The following statement indicates the classification of redemptions,
the amount of each class redeemed, the rate per $1,000, and the
amount of expenses assessed thereon:
Amount
redeemed.
Classes.
Federal reserve notes:
Redeemed in regular course of business
Received from Federal reserve banks—canceled and
Federal reserve bank notes:
Redeemed out of 5 per cent fund
Redeemed on retirement account
National bank notes:
Redeemed out of 5 per cent f u n d Fit for use
Unfit for use.
.
.
Redeemed on retirement account
..
Total
Rate per
$1,000.
Amount of
expense.
$68,679,100.00
$0.45312981
$31,120.55
2,127,406,150.00
.10062773
214,076.05
68,273,000.00
90,720,000.00
.91759090
.91759090
62,646.68
^83,243.85
8,006,740.00
597,684,942.50
16,568,350.00
.78670470
.96382853
.71244028
6,298.94
576,065.80
11,803.96
2,977,338,282.50
.33091833
985,255.83
Based upon the records of the office of the Comptroller of the
Currency and of the Federal reserve banks, it appears that the
average amount of bank circulation outstanding during the year
was some $3,052,600,000, and that from the foregoing figures it would
appear that an amount exceeding 94 per cent of the average issues
was redeemed. The average amount of national-bank circulation
outstanding was $754,700,000 and the amount received for redemption was over 75 per cent. During the last year over $50,000,000 of
Federal reserve bank notes have been retired, leaving the amount
outstanding on November 1, 1922, $35,500,000. As a result of the
retirements the average amount of these notes outstanding during
the year appears to nave been approximately $70,000,000. ThS
amount of this class of notes received for redemption from the
National Bank Redemption Agency during the last year reached
$118,254,000. The redemptions of all Federal reserve issues through
Federal reserve banks and the National Bank Redemption AgenSy
during the last year aggregated $2,305,000,000, a fraction over 100
per cent of the average amount in circulation.
NATIONAL-BANK CIKCTJLATION.
At the close of business October 31, 1922, the aggregate amount of
national-bank circulation outstanding was $760,679,187. With the
exception of a small amount of $1 and $2 notes issued under the act
of 1864 and prior to 1879 the principal denominations of these notes
were $5, $10, $20, $50, and $100, as shown by the following statement:
National-bank notes outstanding October 81, 1922.
Denomination.
One dollar
Two dollars
Five dollars
Ten dollars
Twenty dollars
Fifty dollars
One hundred dollars
Five hundred dollars
Denomination.
Amount.
$341,844
163,190
140,181,445
322,938,620
248,991,650
26,728,350
26,696,700
87,500
One thousand dollars
Fractional parts
Less
i Notes redeemed but not assorted by denominations.
Amount.
$21,000
60,738
Total
766,211,037
15,531,850
Total
760,679,187
REPORT OF THE COMPTROLLER OF THE CURRENCY.
95
NATIONAL BANK CIRCULATION IN VAULTS OF CURRENCY
BUREAU.
During the year ended October 31, 1922, national bank notes
were received from the Bureau of Engraving and Printing to the
amount of $527,981,000, which amount, with the balance of $351-,
412,930 in the vaults of this bureau at close of business October
31, 1921, makes a total to be accounted for at close of business
October 31, 1922, of $879,393,930. During the year ended October
31, 1922, notes were issued to replace notes of existing banks redeemed and destroyed, to new banks chartered, and on account
of banks increasing their circulation to the amount of $569,444,140,
while the amount of notes withdrawn and destroyed on account
of liquidations and expirations of charter amounted to $6,720,160,
making aggregate withdrawals during this period of $576,164,300,
leaving a balance of currency in the vaults at close of business
October 31, 1922, of $303,229,630, or $48,183,300 less than the
balance at close of business October 31, 1921.
The amount of national bank circulation issued and the total
amount outstanding each month during the year ended October
31, 1922, together with the amount received from the Bureau of
Engraving and Printing, the cost of paper, the cost of printing,
etc., and the total cost, is shown in the following statements:
Statement of national bank currency issued to banks from November 1, 1921, to October
SI, 1922.
Issued on
account of
redemption.
1921
November
December
Issued on
bonds.
Total issue.
Grand total*
issued.
$52,981,510
53,144,730
$1,407,570
1,446,750
$54,389,080
54,591,480
$9,983,398,125
10,037,989,605
63,482,920
51,675,680
1,503,130
661,100
1,798,210
3,103,000
3,129,640
2,773,-180
1,554,720
2,035,210
2,355,340
2,393,560
24,161,410
64,986,050
52,336 780
50,147,090
46,672,010
46,740,270
45,998,350
36,144,680
33,018,030
33,986,060
50,434,260
10,102,975,655
10,155,312,435
10,205,459,525
10,252,131,535
10,298,871,805
10,344,870,155
10,381,014,835
10,414,032,865
10,448,018,925
10,498,453,185
1922.
January
February
March
April
May
June
July
August
September
October
Total
43,569,010
43,610,630
43,225,170
34,589,960
30,982,820
31,630,720
48,040,700
545,282,730
569,444,140
EECEIVED FROM BUREAU OF ENGRAVING AND PRINTING.
Denomination.
5,5,5,5
10,10,10,10
10,10,10,20
60,50,50,100
Total
Number of
sheets.
6,953 060
774,245
6,872,900
57,220
14,657,^25
Number of
notes.
27 812 240
3,096,980
27,491,600
228,880
58,629,700
Amount.
Cost of
paper.
139 061,200
30,969 800
343,645,000
14,305,000
527,981,000
$47,280-81
5,264.87
46,735.72
389.09
99,670.49
$361,559.12
40,260.74
357,390.80
2,975.44
762,186.10
$408,839.93
45,525.61
404,126.52
3,364.53
861,856.59
$52,411.67
5,961.47
49,504.57
6.90
432.91
108,317.52
$400,795.10
45,587.72
378,564.37
105.56
3,310.53
828,363.28
$453,206.77
51,549.19
428,068.94
112.46
3,743.44
Cost of
printing, etc.
Total cost.
ISSUED TO BANKS.
5,5,5,5
10,10,10,10
10,10,10,20
50,100
60,50,50,100
Total
7,707,598
876,687
7,280,084
2,030
63,664
15,930,063
30,830,392
3,506,748
29,120,336
4,060
254,656
63,716,192
154,151,960
35,067,480
364,004,200
304,500
15,916,000
569,444,140
96
REPORT OF THE COMPTROLLER OF THE CURRENCY.
The amount of national bank circulation issued and retired for
years ended October 31, from 1914 to 1921, and the amount issued
and retired quarterly during the year ended October 31, 1922, with
the grand total issued and retired during this period, is shown in the
following statement:
Yearly increase or decrease in national-bank circulation from Nov. 1,1913, to Oct. 31,1921,
and quarterly increase or decrease for the year ended Oct. 31, 1922.
Date.
1914
1915
1916
1917
1918
1919
1920
1921
From
From
From
From
Issued.
$387,763,860
27,484,675
10,593,700
22,749,150
26,227,740
29,660,850
29,057,140
36,461,040
4,357,450
5,562,310
7,457,540
6,784,110
Nov. 1,1921, to Jan. 31,1922
Feb. 1 to April 30,1922
May 1 to July 31,1922
Aug. 1 to Oct. 31,1922
Total (1922)
Surrendered to this office and retired, from Nov.
1,1913, to Oct. 31,1922
Grand total
#
24,161,410
Retired.
Increase.
$20,246,418 $367,517,442
342,807,533
59,026,803
37,211,370
18,781,552
7,446,188
24,864,635
4,796,215
19,794,540
9,262,600
20,417,025
16,044,015
277,970
4,079,480
2,486,810
3,075,500
4,079,890
3,377,650
3,628,110
3,156,000
13,688,630
589,974,703
$315,322,858
48,433,103
14,462,220
10,472,780
33,136,197
33,136,197
594,159,565
Decrease.
415,539,240
411,354,378
FEDERAL RESERVE SYSTEM.
The development of the Federal reserve system since its inauguration in 1914 is shown by reference to the following statements issued
by the Federal Reserve Board during the latter part of November of
each year from 1914 to 1920 and during the latter part of October
for the years 1921 and 1922:
[In thousands of dollars.]
Nov. 27,
1914.
Nov. 26,
1915.
Nov. 24,
1916.
Nov. 16,
1917.
Nov. 22,
1918.
Nov. 28,
1919.
Nov. 26,
1920.
Oct. 26,
1921.
Oct. 25,
1922.
ASSETS.
Gold
Other lawful money
Bills discounted and nought United States securities..°.
Municipal warrants
Federal reserve notes—net.
Dnpfrnm Federal reserve bank's—Ti^t
Uncollected items
All other assets
Total..
1,584,328
52,525
681,719
' 241,906
1,273
2,060,265
55,992
2,078,219
177,314
27
2,093,641
66,025
2,709,804
314,937
2,023,916
171,364
2,983,133
320,614
2,786,239
150,909
1,371,075
190,946
3,085,083
126,835
727,090
408,636
27
3,121
428,544
22,111
819,010
28,700
1,013,426
32,208
709,401
36,152
540,067
55,679
653,493
63,931
485,342
735,060
3,012,406
5,219,527
6,230,041
6,244,580
5,094,915
5,065,095
18,050
54,846
55,711
66,691
249,268
15,000
397,952
26,319
637,072
80,025
1,134
113,174
87,001
81,087
98,157
1,501,423-
1,718,000
1,943,232
99,020
164,745
15,909
1,734,691
103,007
213,824
46,624
1,669,059
106,277
215,398
23,659
1,799,931
2,700
13,385
4,159
634
1972,585
8,000
240,437
4,383
12,555,215
80,504
620,608
50,867
12,852,277
256,793
861,436
50,058
3,325,629
214,610
582,442
107,534
22,873
12,408,779
88,024
466,044
76,681
18,180
12,298,536
37,995
539,773
25,346
270,018
485,342
735,060
3,012,406
5,219,527
6,230,041
6,244,580
5,094,915
5,065,095
227,840
34,630
7,383
321,068
37,212
48,973
12,919
27,308
19,176
14,053
459,935
-17 974
122,593
50,594
22,166
15,414
43,263
165
4,633
270,018
LIABILITIES.
Capital paid in
Surplus..
OoVfNDTTlPTit deposits
Member bank deposits—net
"Hue t o TTipmber Hnd nonTTip.Tnbp.r banlr<;
All other deposits
Federal reserve notes—net
Federal reserve bank notes in circulation
Collection items
All other liabilities
Total
1
In actual circulation.
. . .
. . .
14,296
1,028
218,887
1
8
O
O
1
o
H3
w
C
a
98
REPORT OF THE COMPTROLLER OF THE CURRENCY.
The condition of the 12 Federal reserve banks at close of each
month from January 25, 1918, to October 25, 1922, is shown in the
following statement:
[In millions of dollars.]
Liabilities.
Assets.
Year.
Gold.
dis- United
Other Bills
counted States
curand
rency. bought. securities.
Aggregate
assets.
Capital.
Surplus.
Gross
Circuladeposits.
tion.
1918.
Jan. 25..
Feb. 2 1 . .
Mar. 29..
Apr. 26..
May 3 1 . .
June 28..
July 26..
Aug. 30..
Sept. 27..
Oct. 25..
Nov. 29..
Dec. 27..
1,727
1,772
1,816
1,827
1,918
1,949
1,974
2,014
2,021
2,045
2,065
2,090
902
806
887
1,205
1,154
1,086
1,507
1,661
2,002
1,945
2,191
2,007
123
222
311
79
147
259
57
56
79
350
122
312
3,169
3,176
3,446
3,567
3,686
3,872
4,165
4,366
4,817
5,271
5,195
5,252
1,849
1,773
1,901
1,945
1,995
2,050
2,181
2,142
2,317
2,581
2,405
2,313
1,243
1,323
1,461
1,534
1,609
1,733
1,882
2,113
2,385
2,567
2,655
2,802
1919.
Jan. 31
Feb. 28
Mar. 28
Apr. 25
May29
June 27
July 25
Aug. 29
Sept. 26
Oct. 31
Nov. 28
Dec. 26
2,112
2,123
2,142
2,169
2,187
2,148
2,095
2,067
2,118
2,138
2,094
2,078
295
183
201
219
229
232
239
271
278
301
315
300
5,075
5,207
5,230
5,253
5,322
5,288
57
1,882
2,157
2,134
2,136
2,173
2,123
2,243
2,178
2,225
2,523
2,710
2,780
2,351
2,450
2,401
2,383
2,466
2,437
2,487
2,446
2,542
2,726
2,903
2,780
2,580
2,606
2,667
2,708*
2,688
2,676
2,698
2,800
2,895
3,008
3,109
3,319
1920.
Jan. 30...
Feb. 27..
Mar. 26..
Apr. 30..
May 28..
June 25..
July 30..
Aug. 27..
Sept. 24..
Oct. 29..
Nov. 26..
Dec. 30..
2,013
1,967
1,935
1,937
1,953
1,969
1,978
1,972
1,990
2,003
2,024
2,059
61
116
122
134
139
139
151
156
162
165
171
190
2,736
2,985
2,901
2,942
2,938
2,831
2,837
2,989
3,012
3,100
2,983
2,975
304
294
290
294
306
352
325
301
298
296
321
6,074
6,416
6,048
6,050
6,114
6,075
6,033
6,179
6,312
6,342
6,245
6,270
2,106
2,140
2,211
2,318
2,622
2,567
2,410
2,167
1,957
1,803
1,670
1,531
1,442
1,371
1,255
1,294
287
287
5,862
5,861
5,753
5,504
2,462
2,531
2,619
2,726
2,786
2,849
2,870
214
217
211
187
165
164
154
147
153
151
140
123
306
257
249
239
224
191
205
241
5,380
5,242
5,150
5,053
5,107
5,095
5,044
5,151
2,904
2,947
2,975
2,995
3,008
3,021
3,055
3,063
3,077
3,085
155
134
128
130
123
127
127
132
126
127
933
804
739
583
590
623
536
576
658
727
250
355
441
567
603
557
541
498
451
409
4,781
4,789
4,816
4,860
4,847
4,905
4,863
4,849
4,970
5,065
1921.
Jan. 28
Feb. 25.
Mar.25
Apr.27
May25
June 29
July 27
Aug. 24
Sept. 28
Oct. 26
Nov.30
Dec. 28
1922.
Jan. 25..
Feb. 21..
Mar. 29..
Apr. 26..
May 31..
June 28..
July 26..
Aug. 30..
Sept. 27..
Oct. 25..
5,436
5,632
5,939
6,230
6,325
91
91
92
94
95
95
97
97
98
99
100
120
120
120
120
120
120
165
165
165
165
165
165
2,740
2,911
2,542
2,526
2,542
2,473
2,408
2,448
2,477
2,418
2,333
2,321
3,101
3,257
3,249
3,252
3,286
3,302
3,312
3,404
3,494
3,566
3,648
3,562
100
101
101
101
102
102
102
103
103
103
103
103
202
202
202
202
202
202
214
214
214
214
214
214
2,239
2,279
2,295
2,157
2,131
2,098
2,108
2,071
2,159
2,205
2,206
2,223
3,293
3,241
3,106
2,986
2,880
2,767
2,663
2,599
2,559
2,497
2,442
2,528
ioa
215
215
215
215
215
215
215
215
215
215
2,177
2,198
2,214
2,333
2,293
2,370
2,331
2,297
2,336
2,382
2,269
2,255
2,262
2,237
2,212
2,192
2,190
2,207
2,289
2,337
104
104
104
105
105
105
106
106
106
REPORT OF THE COMPTRCflXEK OP THE CURRENCY.
99
Percentage of bills discounted secured by United States Government obligations to the
total bills discounted and purchased by the Federal reserve banks at the end of each
month, year ended October SI, 1922.
[In thousands of dollars.]
Bills disTotal
counted
holdings
secured byofbiUs
United
discounted
States Gov- and purernment
chased.
obligations.
1921.
Nov. 30
Dec. 31
1922.
Jan. 31
Feb. 28
Mar. 31
..
Percentage
of bills disTotal
counted
holdings
secured
by
secured by
of bills Government
TTrntnrl
discounted obligations
and purto total
bills disobligations. chased.
counted and
purchased.
Percentage
of bills discounted
secured byGovernment
obligations
to total
bills discounted and
purchased.
476,360
485,233
1,255,255
1,289,609
37.9
37.6
363,586
284,614
260,781
913,820
806,035
785,737
39.8
35.3
33.2
Tliile A\c
1922.
Apr. 30
May 31
June 30
July 31
Aug.31
Sept. 30
Oct. 31
185,743
171.106
167,241
132,390
126,113
162,780
269,040
600,781
589,672
622,530
546,289
577,624
708,071
834,598
3a 9
29.0
26.9
24.2
21.8
23.0
32.2
FEDERAL RESERVE BANK DISCOUNT RATES.
The discount rates of Federal reserve banks, approved by the
Federal Reserve Board, and in effect October 31, 1922, with respect
to each class of paper, are shown in the following statement:
Discount rates of Federal reserve banks in effect October SI, 1922.
Paper maturing within 90 days.
Secured by-
Federal reserve bank.
Commercial, agricultural,
Treasury
Trade
acand livenotes and Liberty
and ceptances . stock
certificates bonds
paper,
Victory
ofindebtn. e.s.
notes.
Bankers1
acceptances
maturing
within
3 months.
Agricultural
and livestock paper
maturing
after 90
days, but
within 6
months.
Boston
New York
Philadelphia..
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis...
Kansas City..
Dallas
San Francisco.
FEDERAL RESERVE NOTES.
Weekly statements issued by the Federal Reserve Board with respect to the amount of Federal reserve notes outstanding, based upon
reports of Federal reserve agents, show a reduction during the past
year, or between November 2, 1921, and October 25, 1922, of
$26,784,000. The amount of Federal reserve notes outstanding
October 25, 1922, was $2,688,822,000, $2,124,432,000 of which was
secured by gold and the balance by commercial or other eligible
100
KEPORT OF THE COMPTROLLER OF THE CURRENCY.
paper. In the period indicated the ratio of notes secured by gold
was increased from $1,708,670,000 to $2,124,432,000, while the
amount of notes secured by commercial and other eligible paper was
reduced from $1,006,936,000 to $564,390,000.
The amount of notes outstanding at the close of each week, the
amount secured by gold, and the amount secured by commercial or
other eligible paper, is shown in the following statement for the period
November 2, 1921, to October 25, 1922:
Weekly statement of
reserve agents to the
by gold and amount
1921, to October 25,
Federal reserve notes outstanding (amount issued by Federal
banks, less "unfit" notes returned for redemption), amount secured
secured by commercial and other eligible paper, from November 2,
1922.
[In thousands of dollars.]
Date.
Federal
reserve
notes outstanding.
Amounts
secured
by gold.
Amounts
secured by
commercial
and other
eligible
paper.
1921.
Nov. 2 . . . .
9 . . . . ..
1 6 . . . . ..
2 3 . . . . ..
3 0 . . . . ..
Dec. 7 . . . . ..
1 4 . . . . ..
2 1 . . . . ..
2 8 . . . . ..
2,715,606
2,708,845
2,716,943
2,704,639
2,698,682
2,691,689
2,726,175
2,772,812
2,796,540
1,708,670
1,723,523
1,810,060
1,811,316
1,779,605
1,787,724
1,813,422
1,833,108
1,846,369
1,006,936
985,322
906,883
893,323
919,077
903,965
912,753
939,704
950,171
1922.
4 . . . . ..
..
11
18.... ..
..
25
Feb. 1 . . . . ..
8.... ..
15.... ..
21.... ..
Mar. 1 . . . . ..
8 . . . . ..
15.... ..
..
i52
29.... ..
..
Apr. 5
12.... ..
19.... ..
26.... ..
2,786,114
2,732,861
2,666,397
2,604,957
2,559,656
2,525,009
2,506,972
2,510,576
2,526,660
2,540,443
2,527,772
2,523,374
2,518,516
2,529,602
2,532,853
2,534,997
2,536,895
1,902,912
1,910,561
1,948,657
1,939,792
1,928,419
1,942,725
1,940,665
1,977,602
1,982,061
2,030,161
2,090,124
2,061,361
2,065,992
2,046,479
2,091,844
2,094,362
2,154,510
883,202
822,300
Jan.
717,740
665,165
631,237
582,284
566,307
532,974
544,599
510,282
437,648
462,013
452,524
483,123
441,009
440,635
382,385
Date.
Federal
reserve
notes outstanding.
1922.
3 . . . . ..
10.... ..
17.... ..
24.... ..
31.... ..
..
June 7
14.... ..
21.... ..
28.... ..
July 5.... . .
12.... ..
19.... ..
26.... ..
Aug. 2 . . . . . .
..
9
16.... ..
..
23
30.... ..
Sept. 6 . . . . . .
13.... ..
20.... ..
27.... ..
..
Oct. 4
..
11
1 8 . . . . ..
25.... ..
2,537,262
2,541,503
2,527,081
2,509,652
2,511,810
2,526,949
2,518,799
2,522,750
2,537,485
2,561,837
2,589,509
2,583,868
2,571,963
2,572,297
2,581,583
2,590,069
2,601,281
2,603,919
2,639,293
2,652,313
2,636,112
2,653,544
2,682,940
2,708,014
2,722,446
2,688,822
May
Amounts
secuted by
Amounts commercial
secured
other
by gold. and
eligible
paper.
2,169,736
2,172,052
2,140,192
2,141,120
2,140,891
2,128,242
2,142,118
2,121,680
2,123,373
2,123,816
2,161,560
2,195,062
2,197,645
2,223,384
2,233,430
2,238,893
2,197,316
2,197,658
2,206,468
2,219,162
2,202,258
2,160,522
2,194,932
2,192,940
2,163,465
2,124,432
'367,526
369,451
386,889
368,532
370,919
398,707
376,681
401,070
414,112
438,021
427,949
388,806
374,318
348,913
348,153
351,176
403,965
406,261
432,825
433,151
433,854
493,022
488,008
515,074
558,981
564,390
The amount and denominations of Federal reserve notes printed
and retired, and the amount of these notes received from Federal
reserve banks for destruction during the year ended October 31,
1922, with the balances on hand, are shown in the following statement:
Federal reserve notes.
VAULT BALANCE, OCTOBER 31, 1922.
Fives.
T otal printed
Total shipped
Total on hand
Tens.
Twenties.
Fifties.
One
hundreds.
Five
hundreds.
One
thousands.
Five
thousands.
Ten
thousands.
Total.
$2,811,800,000 $3,978,120,000 $4,270, 560,000 $900,600,000 $750,800,000 $155,800,000 $311,200,000 $108,000,000 $184,000,000 $13,470,880,000
85,200,000 179,600,000
34,000,000
56,000,000 11,406,880,000
2,470,000,000 3,517,160,000 3,707,920,000 747,000,000 610,000,000
341,800,000
460,9160,000
562,640,000
153,600,000
140, 800,000
70,600,000
131,600,000
74,000,000
128,000,000
2,064,000,000
ISSUED, RETIRED AND OUTSTANDING, OCTOBER 31 1922.
$2,562,356,000 $3,689,605,540 $4,003,107,040 $777,989,550 $635,353,800
Total issued
2,095,661,160 2,977,779,770 3,105,212,840 554,949,650 401,341,600
Total retired
Total outstanding...
466,694, 840
711, 825,770
897,894,200 223,039,900 234,012,200
$79,912,500 $204,416,000
39,887,500 116,709,000
87,707,000
40,025,000
3
S
w
$32,375,000
20,395,000
11,980,000
$45,640,000 $12,030,755,430
29,880,000
9,341,816,520
15,760,000
2,688,938,910
Mutilated Federal reserve notes, by denominations, received and destroyed since organization of banks and on hand in vault, October 31, 1922.
RECEIVED FOR DESTRUCTION,.
Fives.
Boston..
New York
,
Philadelphia
Cleveland.
Richmond....
Atlanta .
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
....
San Francisco
Total received
Total destroyed
Balance on hand
$155,562,355
461,919,900
164,259,075
109,951, 240
107,599,660
94,788,375
250,502,145
117,188,465
59,480,960
89,577, 870
48,326,710
162,536,255
1,821,693, 010
1, 819,910,560
1,782,450
Tens.
$285,288,480
829,292,580
222,953,490
159,175,250
125,732,390
115,160,570
379,350,950
129,632,600'
62,395,280
78,386,370
59,228,380
152,142,640
2,598,738,980
2,596,618,780
2,120,200
Twenties.
$194,854,360
575,108,920
269,741,420
283,154,560
150,531,140
132, 813,300
427,716,200
120,026,040
48,089,520
82,235,380
59,411,440
259,225,120
2,602,907,400
2,599,819,500
3,087,900
Fifties.
$19,991,450
122,194,850
46, 805,350
95,380,650
35,999,900
9,097,450
74,597, 850
12,277,750
1,748,000
4,015,100
4,813,800
24,769,450
451,691,600
451,237,700
453,900
One
hundreds.
$20,385,300
122,299,800
21,919, 800
17,531, 200
16,749,000
6, 821,500
24,216,300
5,054,000
2,405,200
4,595,300
3,569,900
31,619,100
277,166, 400
276,981,300
185,100
Five
hundreds.
$906,000
13,402,000
539,000
631,000
146,500
298,500
1,773,500
413,000
122,000
292,000
135,000
1,691,500
20,350,000
20,343,500
6,500
One
thousands.
$6,130,000
33,652,000
2,395,000
754,000
2,752,000
690,000
2,481,000
745,000
272,000
327,000
334,000
3,599,000
54,131,000
54,110,000
21,000
Five
thousands.
Ten
thousands.
$80,000
70,000
$130,000
1,040,000
15,000
10,000
40,000
20,000
15,000
5,000
230,000
30,000
225,000
225,000
56,666
1,510,000
1, 510,000
Total.
$683,327,945
2,158,980,050
728,613,135
666,632,900
439,540,590
359,669,695
1,160,652,945
385,571,855
174,512,960
259,429,020
175,819,230
635,663,065
7,828,413,390
7,820,756,340
7,657,050
NOTE.—During the year, burned, badly mutilated, and fractional parts of Federal reserve notes, amounting to $67,175, have been identified, valued, and the bank of issue
determined.
3
o
102
REPORT OF THE COMPTROLLER OF THE CURRENCY.
FEDERAL RESERVE BANK NOTES.
Federal reserve bank notes are secured by the deposit of United
States bonds with the Treasurer of the United States, or in 'accordance with the provisions of the act of April 23, 1918, known as the
Pittman Act, by United States certificates of indebtedness.
The following statements show the denominations and the aggregate amount of Federal reserve bank notes printed, issued, and
redeemed during the year ended October 31, 1922, and the balance
on hand on that date:
Federal reserve banh notes.
VAULT BALANCE OCTOBER 31, 1922.
Ones.
Total printed.
Twos.
Fives.
Tens.
Twenties. Fifties.
Total.
$478,892,000 $136,232,000
•,232,
$132,500,000 $24,040,000
[,040,
$14,080,000 $2,600,000 $788,,344,000
478,412,000 135,040,000 121,200,000 16,440,000 9,760,000
200,000 761,052,000
Total issued..
Total on hand..
480,000
1,192,000
11,300,000
7,600,000
4,320,000 2,400,000
27,292,000
ISSUED, REDEEMED, A^D OUTSTANDING OCTOBER 31, 1922.
Total issued
Total redeemed.,
Total outstanding.
$478,412,000 $135,040,000 $121,200,000 $16,440,000 $9,760,000
449,927,164 122,198,636 111,184,140 14,219,200 7,196,560
28,484,836
12,841,364
10,015,860
2,220,800
2,563,440
$200,000 $761,052,000
12i;900 704,847,600
78,100
56,204,400
BANKING POWER OR THE UNITED STATES.
The banking power of the United States, June 30, 1922, measured
by the capital, surplus and profits, deposits and circulation of all
reporting banks, including national banks and Federal reserve
banks, and estimated figures for nonreporting private banks, aggregated $50,175,300,000, which was $1,955,400,000 greater than the
total banking power June 30, 1921.
The number of banks and the proportion of the aggregate banking
power contributed by each class of institutions is shown in the
following statement as of June 30, 1922, with the amount of increase
since June 30, 1921:
KEPORT OF THE COMPTROLLER. OF THE CURRENCY.
103
Banking power of the United States June 30, 1922.
[Money columns in millions.]
National
bank
circulation,
Federal
Numreserve
ber
Capital Surplus
and Deposits.* notes
paid in. profits.
of
and
banks.
Federal
reserve
bank
notes.
8,249
National banks .
Reporting State banks, savings banks, trust companies, and private banks. 22,140
Nonreporting private banks
(estimated)
445
Total
Federal reserve banks
30,846
Total,
June,
1921.
17,392.6
16,491.6
901.0
1,307.2
1,541.2 13,818.5
1,636.7
2,090.0
24,057.2
27,783.9
26,418.3
1,365.6
6.8
11.6
96.3
114.7
100.2
14.5
725.7
30,834 2,950.7 3,642.8 37,972.0
725.7
105.1
217.7 2,369.6 2,191.7
2 12
Grand total
Increase
over
1921.
Total,
June,
1922.
3,055.8
3,860.5
40,341.6
2,917.4
45,291.2 43,010.1 2,281.1
4,884.1 5,209.8 3 325.7
50,^5.3
48,219.9
1,955.4
1 Includes dividends unpaid, postal savings and United States deposits, certified checks and cashiers'
checks outstanding, but not amounts due to other banks, except deposits of Federal reserve banks, which
are reported gross.
2
June 28.
8
Decrease.
NOTE.—Information for nonreporting private banks has been estimated by using as a basis for tne calculation statements of reporting private Banks. Only such institutions as are performing the functions of a
bank are included in the total number of private banks. Concerns whose business is confined to the
selling of investments are not included in the list of private bankers.
MONEY IN THE UNITED STATES.
From July 1, 1914, to July 1, 1922, the stock of money increased
from $3,738,000,000 to $8,177,000,000; the amount in circulation
per capita, from $34.35 to $39.86, and the population from
99,000,000 to 109,700,000.
Incidentally it is interesting to note that between January 1, 1014,
and August 31, 1922, the importations of gold and silver amounted
to $3,684,700,000, the exports to $2,507,979,000, resulting in an
excess of imports of these metals of $1,176,721,000.
The statements following prepared by the Division of Loans and
Currency, Treasury Department, and compiled from information
furnished by the Department of Commerce, Bureau of Foreign and
Domestic Commerce, respectively, show the general stock of money
in the United States July 1, 1922, and the amount of imports and
exports of merchandise, gold and silver, for calendar years 1914 to
1921, and the eight months ended August 31, 1922, respectively.
United States Treasury Department circulationstatement, July 1, 1922.x
Money outside of the Treasury.
Money held in the Treasury.
Kind of money.
Stock of
money in the
United States.
Total.
Reserve
Amount
held in trust against
United Held for Fedagainst gold
States
and silver
eral reserve All other
certificates notes (and banks and
money.
(and Treas- Treasury
agents.
ury notes of notes of
1890).
1890).
Total.
Held by Federal reserve
banks and
agents.
Amount.
•
2 $3,784,651,712$3,157,202,556 $695,000,469 $152,979,026 $2,108,886,911 $200,336,150 $627,449,156 $211,511,603 $415,937,553
Gold coin and bullion
695,000,469 521,658,270 173,342,199
3 695,000,469
Gold certificates
7,927,172
57 973,069
67,670,096
381,174,404 313,504,308 365,577,136
Standard silver dollars
9,697,027
304,066,593
3 304,066,593
Silver certificates
38,731,219 265,335,374
1,509,543
1,510,543
3 1,510,543
Treasury notes of 1890
1,000
271,210,886
17,747,502 253,463,384
Subsidiary silver
24,153,011 229,310,373
17,747,502
346,681,016
United States notes
50,192,056 292,342,996
4,145,964 342,535,052
4,145,964
2,555,061,660
Federal reserve notes
2,557,722 2,552,503,938 413,788,985 2,138,714,953
2,557,722
71,867,941
79,465,127
80,495,400
Federal reserve bank notes...
7,597,186
1,030,273
1,030,273
758,202,027
National bank notes
14,746,625 727,681,036
15,774,366 742,427,661
15,774,366
Total July 1,1922
8,177,477,105 < 3,511,962,691^000,577,605 152,979,026 2,108,886,911 5249,519,149 5,666,092,019 1,292,076,982 4,374,015,037
Comparative totals:
June 1,1922
July 1,1921...^
Apr. 1,1917.. .rJ
July 1,1914
Jan. 1,1879
Population
of continental
United
States
(estiPer
capita. mated).
In circulation.
$3.79
1.58
.53
2.42
.01
2.09
2.66
19.49
.66
6.63
l
39.86 109,743,000
8,126,500,982 <3,495,160,979 994,959,698 152,979,026 2,082,738,419 264,483,836 5,626,299,701 1,255,829,710 4,370,469,991 i 39.87
8,096,033,684 42,918,696,736 919,643,386 152,979,026 1,537,856,895 308,217,429 6,096,980,334 1,257,368,483 4,839,611,851 144.78
105,219,416 5,053,910,830 953,320,126 4,100,590,704 139.54
5,312,109,272 42,942,998,527 2,684,800,085 152,979,026
186,273,444 3,402,015,427
3,402,015,427 34.35
3,738,218,871 *1,843,452,323 1,507,178,879 150,000,000
90,817,762 816,266,721
21,602,640 100,000,000
816,266,721 16.92
1,007,084,483 4 212,420,402
109,605,000
108,087,000
103,716,000
99,027,000
48,231,000
i The form of circulation statement has been revised as of July 1,1922, so as to exclude from money in circulation all forms of money held by the Federal reserve
banks and Federal reserve agents, whether as reserve against Federal reserve notes or otherwise. This change results in showing a per capita circulation on July 1,1922,
of $39.86, whereas under the form of statement heretofore used it would have been $49.16. For the sake of comparability thefiguresfor June 1,1922,'July 1,1921, and Apr. 1,1917,
have been computed on this statement in the same manner as those for July 1,1922..
* Does not include gold bullion or foreign coin outside of vaults of the Treasury, Federal reserve banks, and Federal reserve agents.
* These amounts are not included in the total, since the money held in trust against gold and silver certificates and Treasury notes of 1890 is included under gold coin and bullion
and standard silver dollars, respectively.
4 The amount of money held in trust against gold and silver certificates and Treasury notes of 1890 should be deducted from this total before combining it with total money outside of the Treasury to arrive at the stock of money in the United States.
& This total includes $17,249,719 of notes in process of redemption, $178,459,108 of gold deposited for redemption of Federal reserve notes, $6,415,374 of lawful money deposited for
redemption of Federal reserve bank notes, $14,251,012 deposited for redemption of National bank notes, $31,080 deposited for retirement of additional circulation (act of May 30,1908),
and $7,047,173 deposited as a reserve against postal saving deposits.
NOTE.—Gold certificates are secured dollar for dollar by gold held in the Treasury for their redemption; silver certificates are secured dollar for dollar by standard silver dollars
held in the Treasury for their redemption; United States notes are secured by a gold reserve of $152,979,025.63 held in the Treasury. This reserve fund may also be used for the
redemption of Treasury notes of 1890, which are also secured dollar for dollar by standard silver dollars, held in the Treasury. Federal reserve notes are obligations of the United
States and afirstlien on all the assets of the issuing Federal reserve bank. Federal reserve notes are secured by the deposit with Federal reserve agents of a like amount of gold or of
gold and such discounted or purchased paper as is eligible under the terms of the Federal reserve act. Federal reserve banks must maintain a gold reserve of at least 40 per cent,
including the gold redemption fund which must be deposited with the United States Treasurer, against Federal reserve notes in actual circulation. Federal reserve bank notes
and National bank notes are secured by United States Government obligations, and a 5 per cent fund for their redemption is required to be maintained with the Treasurer of the
United States in gold or lawful money.
w
o
o
E
o
REPORT OF THE COMPTROLLER OF THE CURRENCY.
105
Imports and exports of merchandise, calendar years 1914, 1915, 1916, 1917, 1918, 1919,
1920, 1921, and from January to August SI, 1922.
Imports of
merchandise.
1914
1915
1916
1917
1918
1919
1920
1921
.
. . . .
1922 (8 months) .
Total, 8 years and 8 months
Exports of
merchandise.
Excess of
exports over
imports.
$1,789,276,001 $3,113,624,050
1,778,596,695 3,554,670,847
2,391,635,335 5,482,641,101
2,952,465,955 6,226,255,654
3,031,304,721 6,149,241,951
3,904,364,932 7,920,425,990
5,278,481,490 8,228,016,307
2,509,147,570 4,485,031,356
1,952,956,596 2,423,787,872
$1,324,348,049
1,776,074,152
3,091,005,766
3,273,789,699
3,117,937,230
4,016,061,058
2,949,534,817
1,975,883,786
470,831,276
25,588,229,295 47,583,695,128
21,995,465,833
Gold and silver imports and exports in period indicated.
GOLD.
1914.
1915
1916
1917
1918
1919
1920
1921
. . . .
1922 (8 months)
Total, 8 years and 8 months
Excess of
exports over
imports.
Imports.
Exports.
$57,387,741
451,954,590
685,990,234
552,454,374
62,042,748
76,534,046
417,068,273
691,248,297
185,091,630
$222,616,156
31,425,918
155,792,927
371,883,884
41,069,818
368,185,248
322,091,208
23,891,377
11,744,036
$165,228,415
3,179,771,933
1,548,700,572
456,879,617
$51,603,060
53,598,884
70,595,037
84,130,876
252,846,464
239,021,051
113,616,224
51,575,399
42,291,006
959,278,001
$25,643,873
19,114,930
38,331,748
30,790,399
181,470,765
149,611,033
25,556,183
291,651,202
Excess of
imports over
exports.
$420,528,672
530,197,307
180,570,490
20,972,930
94,977,065
667,356,920
• 173,347,594
2,087,950,978
SILVER.
1914
1915
1916
1917
1918
1919
1920
1921
1922 (8 months)
Total, 8 years and 8 months
. .
$25,959,187
34,483,954
32,263,289
53,340,477
71,375,699
89,410,018
88,060,041
63,242,671
46,793,050
504,928,386
470,518,931
$11,667,272
4,502,044
16,169,316
Stock of money in the United States, in the Treasury, in reporting banks, Federal reserve
banks and in general circulation years ended June 30, 1914 to 1922.
Held by or
In general circulation, exCoin and Coin and other Coin and other
for Federal
clusive of amounts held
money in reportother money in Treas8
1
reserve
banks
by reporting banks and
ing banks.
ury as assets.
Year ending money
and agents .*
Federal reserve banks.
in the
June 30.
United
Per Amount. Per Amount. Per
Per
States. Amount. Per Amount. cent.
cent.
cent.
cent. capita.
Millions.
Millions. Millions.
Millions.
Millions.
1,630.0 43.60
3,738.3
336.3 9.00
1,772.0 47.40
1914
$17.89
1,447.9 36.29
3,989.4
345.4 8.66
1,809.9 45.37
1915
386.2 9.68
17.97
1,472.2 32.84
4,482.9
298.2 6.65
1916
592.7 13.22 2,119.8 47.29
20.69
1,487.3 27.50 1,280.9 23.69 2,371.4 43.85
5,408.0
268.4 4.96
1917
22.77
882.7 13.10 2,018.4 29.94 3,479.6 51.62
6,741.0
360.3 5.34
1918
32.87
981.3 13.05 2,167.3 28.83 3,786.0 50.35
7,518.8
584.2 7.77
1919
35.67
1,047.3 13.27 2,021.3 25.60 4,336.2 54.93
7,894.5
489.7 6.20
1920
40.47
926.3 11.44 2,795.2 34.52 3,913.3 48.34
8,096.0
461.2 5.70
1921
36.21
814.0 9.95 3,401.0 41.59 3,560.0 43.54
8,177.5
402.5 4.92
1922
32.44
1
Public money in national-bank depositories to the credit of the Treasurer of the United States not
included.
2
Includes national banks and all reporting State banks with exception of banks in island possessions.
8
Includes gold reserve held by banks against issues and gold or other funds deposited by banks with
agents to retire Federal reserve notes in circulation and own Federal reserve notes held by Federal reserve
banks.
* Population estimated at 105,869,000 in 1918, 106,136,000 in 1919, 107,155,000 in 1920, 108,087.000 in 1921.
and 109,743,000 in 1922.
* * «
*
18587°—23
8
106
REPORT OF THE COMPTROLLER OF THE CURRENCY.
RATES FOR MONEY IN NEW YORK.
The following table, compiled by the Commercial and Financial
Chronicle, shows the range of rates for money on the New York
market for the year ended October 31, 1921. Call loans on the stock
exchange ranged from 4J to 6 per cent in November, 1921; three
and one-half to 5 per cent in the following April; dropped to 2 | to
5 per cent in July, and ranged from 4 to 6 per cent in October.
Time loans, 60 and 90 day paper, at the beginning of the year
ranged from 5 to 5J per cent; in April quotations were 4J to 4J per
cent; in July, 3f to 4J; atid in October, 4 | to 5 per cent.
Time loans, 4 to 6 months paper, ranged from 5 to 5^ in November,
1921; 4J to 4f per cent in April, 1922; 4 to 4J in July; and 4 | to 5 per
cent in October, 1922.
Commercial paper, 60 to 90 days, double name, and single name
prime, 4 to 6 months, ranged from 5 to 5 | per cent, November, 1921;
4^ to 4 | per cent in April; 3f to 4 per cent in July; and A\ to 4^ in
October, 1922.
Range of rates for money in the New York market, year ended October 31, 1922.
1922
1921
November.
Call loans, stock exchange:
Range
Time loans: 1
60 days
90 days
4 months
5 months
6 months
Commercial paper:
Double n a m e s Choice 60 to 90 days..
Single n a m e s Prime, 4 to 6 months.
Good, 4 to 6 months..
Decem- January.
ber.
February.
4*-6
March.
4-6
3*-5
5 -5*
5 -5<
5 -#
5-5:
5 -$
5 -5f
5-5f
51-6
April.
41-4J
5-5*
5-51
51-5*
4|-5
4*-5
4|-5
5 -51
4*-5
41-51
1922
May.
Call loans, stock exchange:
Range
Time loans: i
60 days
90 days
,
4 months
5 months
,
6 months
Commercial paper:
Double n a m e s Choice 60 to 90 days..,
Single n a m e s Prime, 4 to 6 months..
Good, 4 to 6 months...
June.
July.
August.
Septem- October.
ber.
4 -6
3-5
3-5
4 -41
4
41-4*
4-41
4-41
41-4*
n
41-4*
3f-4
O3J1
°1" *5
41-4*
3£-4
4-41
i These rates are for loans on mixed collateral. Loans against exclusively industrial collateral usually
range at about one-fourth of 1 per cent higher.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
107
Fluctuations in the rates for bankers' sterling bills, monthly from
November, 1921, to October 31, 1922, inclusive, are shown in the following statement, also furnished by the Commercial and Financial
Chronicle.
Rates for sterling bills.
1922.
January
February
March
A comparison of the range of rates for call loans, 60-day time loans,
and two-name commercial paper loans in New York, annually from
1913 to 1922, is shown in the statement following.
Range of rates for money in New York annually, 19 IS to 1922.
o
00
1916
1915
1914
1913
1917
Range
Range Range
Range Range
Range Range
R a n g e Range
Range
High. Low. for DeHigh. Low. for Defor
for
High. Low. for Defor
High. Low. for Defor
High. Low. for Defor
cember.
cember. January.
cember. January.
cember. January.
cember. January.
January.
Call loans
Time loans (60
days)
Commercial
(2-name)
2J-6
10
1
2J-8
1J-10
10
31-51
6
21
4J-5*
2£- 5
8
41-6
6*
41
51-6
4-51
1918
7
11
2
31
2J-5
11-3
3
1
1^2£
11-3
3H1
21-31
31
21
21-21
21-21
31-4
4
2|
4-5
3 -31
3 -31
15
41
41
3
21-15
11-3
4-4£
2J-4
31-41
31-41
10
11
5*
1921
1920
1919
li
21
21
51-5*
31
51-5|
2^-6
6
2
3£-6
3|-6
30
2
5^-25
6-20
5
6-7
7- 8
5
of- 6
6
5 -6
6
5
5^-6
5 -5£
7
51-5i
6
5-J
5J-6
5 -5|
' 6
25
5
8}
7
8
G
6-7
7-7£
7|-8
6 -8
9
31
6-7^
71
5
7*-8
8
4J-6
5-51
H
o
*i
H
W
o
o
S
1922
Range Range
Range Range
Range Range
Range
Range Range
High. Low. for Defor
High. Low. for Defor
for
High. Low.
High. Low. for DeHigh. Low. for Defor
for
cember. January.
cember. January.
cember. January.
January.
cember. January.
Call loans
Time loans (60
days)
Commercial
2-name)
3 -6
j
o
w
Range
(to
Oct.).
3 -6
6
21
4 -6
41-51
51
3|
4i-5
31-4
51
3|
4H4
••d
H
o
a
d
REPORT OF THE COMPTROLLER OF THE CURRENCY.
109
DISCOUNT AND INTEREST RATES,
In the table following, appearing in the Federal Reserve Board
Bulletin of October, are presented actual discount and interest rates
prevailing during the 30-day period ended September 15, 1922, in the
various cities in which the several Federal reserve banks and their
branches are located.
Discount and interest rates prevailing in various centers during 80-day period ended September 15,1922 (*).
Bankers' acceptances, Collateral loans—stock exchange.
60 to 90 days.
Prime commercial paper.
Customers7.
City.
30 to 60
Boston
New York*....
Buffalo
Philadelphia...
Cleveland
Pittsburgh
Cincinnati
Richmond
Baltimore
Atlanta
Birmingham...
Jacksonville
New Orleans...
Nashville
Chicago
Detroit
St. Louis
Louisville
Memphis
Little Rock....
Minneapolis
Helena
Kansas City
Omaha
Denver
Oklahoma City.
Dallas
El Paso
Houston
San Francisco..
Portland
Seattle
Spokane
Salt Lake City.
Los Angeles
H.L.
5 41
7
7
6
7
6
6
6
6
4
5
4
41
5
5
5
4*
7 4 6-7
8 6 7
7 6 5*-6
7*5
8 6 5
6 4*
6 5
6 4
6 5
8
10
7
10
7
6
8
8
8
8
10
1
5
6
5
6
5
5
5
6
5
6
4*
4 to 6
months.
Open market.
Interbank
loans.
4to6
months.
Indorsed.
H. L. C. H.L.a
H. L, a 4*
41 4*
4*4 41 4*4 44-4165 4*4*
4*4 4-4i 5 4* 5 6 4 4*-5
5 4* 5
414 41 6 5 6
4i 4 4J
6 4*
4* 41 41 - 5 6
6 6
6 5*6
5 5-5*
4* 4* 4*
6 4* 6
5*5 51
8 2 2-6 8 2 2-6 6 4*6
5 4 4
5 4 4 8 5 6-8
7* 4* 4*-6 7* 4* 4*-6 67 6 6
5 6
8 6 6
414 41 6
5 51-5*
7 5*6
5 4 4*
5
5 5*
41 41 4
6 6 6
5* I f 5*"
7 6
6 5 5*
8 7 7
51 41 4* 7 5 6
5 4 41
i-7
4*4 41 4*4 41
6
6 6 8 6 6*
5 4 5
6*6 6
6 6 6
5*4 4* 10 8 8 9 6 8
4*5
6 5 6
414
7 6 7
414
7 6 6
6 7
4*4
7 6 6
6*Y "if 7 5 6
7 4 5
H. L. C.
3 3 3
3*31
30 to 60
days.
tiff.
?«<
1*1*11
in
3i 3 3ft
4 4 4
6 6 6
7 3* 3*-6
41 41 41
3£3 3*
Unindorsed.
Demand.
H. L. C. H. L. C.
3* 3 3
4* 4* 4*
4*3 3-31
4-5
7 5 6
6 4* 4*
3134
7 6
6 41
6 5*
6 5 5*-6
6 3* 6
5* 5
7 5 51
8 5 6
8 6 5-6
6 6 6
8 4 7
7 5* 6
6 41 4*-5*
3* 3 31 6 4* 6
6*4
6 5
6 6
7 6
4 3*31
6
?
31 3 3
nt
3*3
3*
7 6 6
4 3 31
3*i"3*"3i"
5
7 4*
7 5
10 6
6
10 8 66
7 5 6
8
6 5 6
8 4 7
8 6
8 6
8 7
8 4*
3 to 6
3 months. months.
Cattle
loans.
H. L. C. H. L. C. H. L. C.
5 * 5 5 1 5*5 51
6 41 41-56 4l4*-6
7 5 6
6 5 6
6 4* 5
7 6 6
7 6 6
6 5* 6 6 5*6
6 5*
6 5*6
6 5 6
6 5
6 5 5* 6 5 5*
8 5
8 5 6
8 5 6-8 8 2 2-7
7 6 7
7 6 7
8 5 6-6* 7*5
8 6 7
6 4* 5-5*
5-5* 6 5* 5*
6 5 5*
6* 4* 5* 6 4J
6 5 6
5'
6 6 6
6 6 6
8 6 7-8 8 6 7-8
5* 5 5
6 5 5*
8
7
7
10
8
10
7
6
8
8
8
8
8
Secured by
warehouse
receipts.
H. L. C.
6
6
6
6
6
5
6
5
6
6
6
5$
6
7
Ordinary
loans to
customers
secured by
Liberty
bonds.
H. L. C.
5
5
5 6
4*5
5 6
6 6
5 5-5*
5 6
5 51
4*6
6 6-7
6 6
6-6*
5* 5 5
6 6 6
6* 5 6
6 5
6 6
8 7
6 5 5*
8 8
5 6
8 6 6-7 7 6
8 5 6
4*6
7 4* 6
7 6 6* 7 6
5 6
7 5 6
8 5* 6-7
6
6
10 6 8
10 6 8 10 6
7
8 5 6*
5 6*
5 7
10 8
10 8 8
8
10 8 8
7 5
5 6
7 5 6
7 5 6
6 5*
5 6
6* 5 5* 6 6 6
4 6
8 6
8 4 6' 7 6* 7
6 7
8 6
8 6 7
6 7
8 6
8 6 7
8 6 7
7 7
8
8 7 7
8 7 7
5* 6* 8 5 6 | 8 7 7 10 6 6|
6 6
4 5-5*
4 5*
5 6
6 6
7
4*5
8 8
6 6
5 6
5 6
6 7
6 6*
8 8
5 6
5 5*
6
6 7
5 7
6 6
5*65
A comparison of discount and interest rates prevaiUng during the 30-day period ended September 15 and the 30-day period ended August 15, shows very little change. The only
declines of any importance are in prime commercial paper to customers, interbank loans, and indorsed bankers' acceptances. Compared with the corresponding period last year, all
rates2 continue to be lower.
Rates for demand paper secured by prime bankers' acceptances, high 4*, low 3, customary 3*-4.
KEPORT OF THE COMPTROLLER OF THE CURRENCY.
Ill
MONETARY STOCKS IN THE PRINCIPAL COUNTRIES OF THE
WORLD.
The statement following prepared by the Director of the Mint,
Treasury Department, shows the monetary stock of gold, silver, and
paper currency in the principal countries 01 the world, for the calendar
year 1921
Monetary stock of principal countries of the world, end of calendar year 1921,
[Stated in United States dollars (000 omitted).]
Gold stock.
Monetary unit.
Country.
Monetary
standard.
Name.
North America:
United States
Gold.... Dollar...
Canada...
...do
...do
Mexico
!!*"....".""; . . . d o . . . . Peso
Dollar
British Honduras
...do
Costa Rica
. . . d o . . . . Colon
Cuba
...do
Peso
Dominican Republic
. . . d o . . . . Dollar
Haiti
do
Gourde
Silver... Peso
Guatemala
...do
Peso
Honduras
Newfoundland
Gold.... Dollar
Nicaragua...
.do
Cordoba
Salvador
. . . d o . . . . Colon
Virgin Islands
Dollar
...do
British West IndiesBarbados
. . . d o . . . . Pound
Jamaica
...do
.do
Trinidad
...do
...do
Dutch West IndiesCuracao
. . . d o . . . . Guilder...
French West IndiesGuadeloupe
. . . d o . . . . Franc
Martinique
...do
...do
South America:
Argentina
. . . d o . . . . Peso
Brazil
...do
Milreis....
Chile
. . . d o . . . . Peso
Columbia*
. . . d o . . . . ...do
Guiana—
British
...do
Pound..
.do
Dutch....
Guilder
Paraguay
. . . d o . . . . Peso
Peru
Pound....
...do
Uruguay
. . . d o . . . . Peso
Venezuela
. . . d o . . . . Bolivar...
Metallic
stock
unclas- In banks In circusified. and public lation.
Per capita.
Silver
stock.
Paper
circulation. Population. Unclassified Gold. Silver. Paper.
stock.
$1.00
$3,660,569
$3,660,569
"§68,"i62" U16,132
1.00
116,132
.4985
22,500 $27,500
50,000
1.00
U,400
.4653
U,400
l.*00
7,483 "*io,"666'
17,483
1.00
""V3*666"
1800
.20
1800
$674,975
129,000
130,000
75
$3,661,348
407,591
50
U,000
50
11,000
2,039
183
2,039
183
280
12,300
423
United
States
equivalent.
(2)
(2)
1.00
1.00
.50
1.00
treasuries.
Total.
4.8665
4.8665
4.8665
28
378
113,000
132,711
17,000
2,900
190,000
2,022
12,000
7,342
3,509
261
109,482
8,361
15,502
45
469
2,899
955
2,500
2,232
637
265
638
1,500
25
36
1,277
1480
24
2,061
4,540
156
858
391
8," 737*
11,000
UOO
$8.15
3.14
$33.45
13.89
3.23
2.99
6.03
.32
.08
3.77
1.36
7.32
1.12
$33.44
48.75
8.40
27.71
45.78
7.33
1.16
40.32
3.17
7.55
11.50
2.34
10.44
.23
1.49
1.23
.15
2.40
11.61
$6.17
3.47
1.94
1.67
3.01
1.05
.04
.44
8.68
.66
.402
101
101
200
472
50
2.02
4.00
9.42
.193
.193
323
323
78
6,331
14,000
230
240
1.40
.34
27.41
16.67
.9648
.5462
.365
.9733
459,706
3 43,307
40,017
23,309
459,706
43,307
40,017
23,309
839
7,343
578,408
616,360
106,725
10,084
8,533
30,492
3,755
6,000
53.87
1.42
10.66
3.88
.22
1.22
4.8665
.402
.9648
4.8665
1.0342
.193
920
22; 432
6 56,893
6 16,405
920
22,432
56,893
16,405
2,585
11,000
77,158
29,223
170,000
17,000
298
108
1,000
4,610
1,430
2,412
1,521
1300
413
1
3,000
110,000
5.10
2.78
.92
4.87
39.79
6.80
.09
2.10
4.15
67.78
20.21
28.42
1.68
8.67
9.26
77.16
6.34
48.95
2.90
Europe:
Austria
Czechoslovakia
Denmark
Esthonia
Finland
France
Germany
Great Britain
Greece
Hungary
Italy
Yugoslavia
Latvia
Lithuania
Netherlands
Norway
Poland
Portugal
Rumania
Russia
Spain
Sweden
,
Switzerland
Turkey
Asia:
Arabia—Oman
British North Borneo...
Ceylon
China
Cyprus Island
Federated Malay States.
India, British
Indo-China, French
Japan (including Chosen,
Kwantung, and Taiwan).
Netherlands Indies
Palestine
Philippine Islands
Sarawak
Siam
Straits Settlements
Syria
Footnotes on page 114.
Gold..
...do..
Gold..
...do..
...do..
.do..
...do...
..do..
..do..
Krone... .
Franc
Lev
Krone...
..do
Mark
..do
Franc
Mark
Pound
Drachma..
Krone
Lira
Dinar
Ruble...
Ost mark.
Guilder
Krone
Mark
Escudo...
Leu
Ruble
Peseta
Krone
Franc
Piaster
.2026
.193
.193
.2026
.268
.193
.193
.193
.2382
4.8665 "203,'076"
.193
.2026
.193
.193
.5146
.2382
.402
.268
.2382
1.0805
.193
.5146
.193
.268
.193
.044 ""254*997"
..do...
..do...
.do..
Silver.
Gold..
...do...
...do...
Silver.
Gold..
Pound
Dollar
Rupee
Dollar
Pound
Dollar
Rupee.
Piaster
Yen
4.8665
5678
.4866
..do...
..do...
...do...
..do...
..do...
..do...
..do...
Guilder...
Pound
Peso
Dollar
Tical
Dollar . .
Pound
.402
4.9431
.50
.5678
.4054
.5678
3.860
..do....
..do
..do
Gold....
Gold....
...do
...do....
...do
...do....
...do
...do....
•
-
•
•
-
"
16
7 51,449
7,335
12 458
61,238
7 6,143
7 8,227
i° 690,141
237,102
754,867
10,808
-
4.8665
.5678
.4866
""
i° 53,995
11
3,774
321,189
121
40,313
7 3,229
220,571
14,318
2,951
1,500
243,600
39,474
7,502
7 9,267
329
7 51,994
14 472,874
74,708
106,060
472,874
74,708
106,060
14120,633
3,108
23,942
............
14 I
13,196
1,509
1,509
i6,506
7 19,012
7 61
78,894
1 5,000
628,800
58,728
58,728
164,136
744
744
Is, sie
1"680~
1,680"
35,275,648
1,238,105
697,695
161,226
126,228
7,456
261,729
7,038,219
30,758,232
2,460,334
417,108
5,100T, 443
4,188,978
794,748
1,168,657
1500,000
450,217
109,830
1254,675,847
780,936
2,768,615
(13J
819,108
168,223
199,420
683,592
1,071
7 kho.
133,510
706
259
239,959
8,576
40,649
78,894
1 5,000
628,800 : : . * : " " : : :
.4985 : : : : : : : : : :
1
8 4,147
4,014
6,314
965
220,571
7 14,318
2,951
1,500
7 243,600
39,474
7,502
7 9,267
7 329
14
13,196
1,692
.........
16
51,449
7,335
12,458
61,238
7 6,143
8,227
690,141
237,102
754,867
10,808
95
5,373
8 745
6,067
7,577
5,598
13,636
3,268
1,750
3,332
41,476
60,899
47,308
4,950
21,410
36,740
13,908
1,728
4,651
6,831
2,646
26,386
5,958
17,393
182,183
21,283
5,904
3,862
21,274
1,216
15,206
93,627
2,551
2,890
559,687
45,659
959,311
500
258
4,504
427,679
314
1,316
319,075
16,000
77,529
134,116
4,943
41,059
61
32,426
.62,569
38,914
47,204
700
10,779
600
8,809
714
3.000
4.29
6.79
1.31
.91
18.74
3.51
2.47
16.64
3.89
15.96
2.18
6.00
1.03
1.71
.32
35.66
14.92
.29
1.56
.02
22.22
12.65
27.46
.55
.72
.48
.30
1.30
.06
6.79
.01
1.10
.23
7.61
.40
3.19
5,67
.53
6.20
11.99
5,814.35
163.40
124. 63
11.82
38.63
4.26
78.55
169.69
505.07
52.01
84.26
238.23
114.02
57.14
676.31
107.50
65.91
41.51
2,072.15
131.07
159.18
38.49
28.49
51.64
32.13
2.14
.25
.31
8.11
1.75
.31
2.25
.20
.75
.54
.52
1.24
3.48
.07
1.75
.16
.61
12.25
.03
4.81
2.35
4.71
3.38
.22
8.12
2.20
1.75
2.85
12.37
2.84
7.06
3.81
.10
3.68
87.63
12.97
Monetary stock of principal countries of the world, end of calendar year 1921—Concluded.
[Stated in United States dollars (000 omitted).]
Monetary unit.
Country.
Africa:
Abyssinia
Algeria
Belgian Congo
British Somaliland
Egypt
Gambia
Gold Coast
Kenya Colony
Madagascar
Morocco, French
Nigeria
Nyasaland
Rhodesia
Senegal
Sierra Leone
Union of South Africa *«.
Zanzibar
^
Australasia:
Australia..
New Zealand
Tahiti—Society Islands.
Monetary
standard.
Silver..
Gold....
...do....
...do
...do
...do
...do
...do
...do
...do
...do...
...do
...do
do
...do
...do
do
...do
...do
...do
Total
Name.
Thalari .
Franc
...do
Rupee
Pound
do
...do
Shilling
Franc
do
Pound.. .
...do
...do
Franc
Pound...
...do
Rupee
Pound
...do
United
States
equivalent.
Gold stock.
Metallic
stock
I n banks I n circuunclas- and
public
sified.
treasuries. lation.
Per capita.
Total.
Silver
stock.
13,774
4.8665
4,8665
.193
106,053
834
834
12,600
33,563
450
44,689
1,289
271,355
36,296
1,315
5,346
1,227
28
19.84
2,170,460 159,543,335
1,787,002
.36
4,991
324
36,546
533
125,000
2,355
49*
650,743
567
1950
4
567
950
4
72,067
72,067
115,533
37,394
115,533
37,394
8,522,912
39,009
8,561,921
102
187,751
7,472
72
184,214
360
22,528
115,000
15,433
27,071
913
8,000
5,162
15,000
544
12,751
210
2,078
2,529
3,388
6,000
18,568
1,377
1,867
1,250
1,536
6,872
197
(2)
.193
.193
.4866
4.9431
4.8665
4.8665
.2433
.193
.193
4.8665
4.8665
4.8665
.193
4.8665
4. 8665
.4866
Paper
circulation. Population. UnclasGold.
sified
stock.
22,449
957
190
1,761
458
13,500
798
774
444*
2.67
.07
Silver. Paper.
.33
.60
2.87
.26
9.89
.80
.03
.41
.51
10.49
21.61
30.48
4.79
1.21
.69
.05
1.41
.30
.51
4.05
.01
36.37
.50
.13
14.45
1.71
10.84
5.93
4.56
4.51
.05
1.39
26.85
.29
6.50
6.54
15.86
50.76
29.58
46.96
1.21
89.28
.14
10 Bank of France.
1 Estimated on basis of date considered reasonably reliable.
11 Germany holds 814,000 fine kilos of silver abroad (26,170,100 ounces, valued at
2 Fluctuates with the price of silver,
$16,517,719).
s Feb. 28,1922.
12 Polish mark has no par value. Converted as the equivalent of the German mark
« June 30,1921.
is 17,543 billions of rubles.
e End of September, 1921, in Banco de la Republics.
i< In Government treasury,
«Oct. 8,1921.
is Incomplete.
78 State bank.
i« In banks.
Five-franc pieces only.
9
Monetary standard not established.
NOTE.—Figures given represent each country's stock at the end of the year, except when otherwise indicated. Population figures are from the Statistical Abstract of the United
States, 1921. Blanks indicate no figures available, rather than no stock. Gold held abroad as follows, not included in the above figures (presumably reported by the country having
actual possession): Egypt, $15,831,811; Italy, $83,155,980; Japan, $426,217,500; Straits Settlements, $3,763,686; British Honduras, $89,000; Yugoslavia, $59,913,254 (gold and silver)
Bank of France, $376,034,831; Chile, $12,511,178; Peru, $14,142,010; Honduras, $300,000; Argentina, $3,977,870; Union of South Africa, $8,500,000 (gold and silver).
i3
H
8
o
o
§
o
a
REPORT OF THE COMPTROLLER OF THE CURRENCY.
115
NEW YORK CLEARING HOUSE.
The transactions of the New York Clearing House for the year
ended September 30, 1922, which comprises a membership of 43
banks with capital of $288,100,000, show an increase in the amount of
clearings, although nine banks withdrew from membership during
the year. The total clearings for the year ended September 30, 1922,
were $213,326,385,752, compared with $204,082,339,000 for the year
ended September 30, 1921. The average daily clearings during the
year ended September 30, 1922, were $706,378,761, compared with
$673,539,074 during the year ended September 30, 1921, while the
average daily balances for the years 1922 and 1921 were $69,644,619
and $68,845,693, respectively. The percentage of balances to clearings for the year 1922 was 9.86 compared with 10.22 for 1921.
The clearing-house transactions of the Federal Reserve Bank of
New York for the year ended September 30, 1922, are shown in the
following statement, and in the appendix of this volume, statements
showing the exchanges of the clearing houses of the United States for
years ended September 30, 1921 and 1922, and the transactions of
the New York Clearing House Association for a period of 69 years, or
since 1854, furnished through the courtesy of Manager W. J. Gilpin
of the New York Clearing House Association, appear:
Clearing-house transactions of the Federal Reserve Bank of New York for the year ended
September 80, 1922.
Debit exchanges
Credit exchanges
Credit balances
$2,933,962,838.99
18,839,142,319, 91
15,905,179,480.92
CLEARING-HOUSE ASSOCIATIONS IN THE UNITED STATES.
Evidence of increased activities in connection with the enormous
business transacted by the clearing houses of the United States is
shown by the comparative statement of the exchanges of these clearing houses for the years ended September 30, 1921 and 1922, referred
to in the preceding paragraph.
Although the number ot associations was decreased from 216 in
1921 to 204 in 1922, the aggregate clearings during the year ended
September 30, 1922, were $380,492,992,000, or an increase of
$5,667,611,000 over the clearings for the year ended September 30,
1921.
In connection with the activities of the clearing houses throughout
the United States for the year ended September 30, 1922, it is interesting to note, by reference to the following statement, the volume of
transactions of the clearing houses in the 12 Federal reserve bank
cities, and in other principal cities throughout the country where the
transactions amounted to one billion dollars or more, that the net
increase in the clearings of associations in the 12 Federal reserve bank
cities for the year ended September 30,1922, over September 30,1921,
was $7,012,825,000, while the reduction in the transactions of associations in 16 other principal cities was $1,391,287,000. The transactions of associations in 176 other cities, however, were increased
during the year ended September 30, 1922, $46,073,000.
116
BEPORT OF THE COMPTROLLER OF THE CURRENCY.
Comparisons of the transactions of Clearing House Associations in the 12 Federal reserve
hank cities and in other cities with transactions of $1,000,000,000 in the years ended
Sept. SO, 1921 and 1922.
[In thousands of dollars.]
Clearing house at—
Boston, Mass
New York, N. Y
Philadelphia. Pa
Cleveland, Ohio
Richmond, Va
Atlanta, Ga
Chicago, 111
St. Louis, Mo
Minneapolis, Minn
Kansas City, Mo
Dallas, Tex
San Francisco, Calif
Total 12 Federal reserve bank cities
Other cities:
Pittsburgh, Pa
Detroit, Mich
Los Angeles, Calif
Baltimore, Md.
Cincinnati, Ohio
New Orleans,La
Omaha, Nebr
Buffalo, N . Y
St. Paul, Minn
Portland, Oreg
Seattle, Wash
Milwaukee, Wis
Denver, Colo
Oklahoma City, Okla
Houston, Tex
Louisville, Ky
Total of 16 other principal cities
Total
Total, all other cities (176)
Grand total of all cities (204)
Increase.
Decrease.
1921
1922
14,932,519
204,082,339
21,392,098
5,329,087
2,224,552
2,305,292
27,399,814
6,494,752
3,858,960
8,274,866
1,344,714
6,909,332
15,630,440
213,326,386
21,514,198
4,732,214
2,214,589
2,101,402
27,102,207
6,587,896
3,266,626
6,728,345
1,300,253
7,056,594
697,921
9,244,047
122,100
304,548,325
311,561,150
10,304,474
7,685,979
4,887,555
4,152,228
4,074,724
2,974,869
2,391,297
2,094,297
1,916,450
1,843,739
1,599,518
1,577,323
1,500,031
1,623,221
1,288,165
1,287,500
1,249,357
6,538,949
5,074,622
4,850,147
3,830,961
2,888,682
2,266,898
1,897,986
1,908,737
1,586,498
1,563,491
1,750,315
1,512,244
1,523,239
1,083,736
1,200,712
1,277,749
42,146,253
40,754,966
1,098,583
2,489,870
346,694,578
28,130,803
352,316,116
28,176,876
11,403,057
2,041,230
5,781,519
1,995,157
374,825,381
380,492,992
13,444,287
7,776,676
596,873
9,963
203,890
297,607
93,144
592,334
1.546,521
44,461
147,262
3,291,649
1,147,030
187,067
697,919
243,763
86,187
124,399
196,311
7,713
257,241
36,027
172,992
12,213
99,982
204,429
86,788
28,392
BANKS IN THE DISTRICT OF COLUMBIA.
On June 30, 1922, there were 72 banks or institutions doing a
banking business in the District of Columbia, under the supervision
of the Comptroller of the Currency. The aggregate capital of
these institutions was $21,614,000, the total individual deposits
$200,567,075, and aggregate resources $268,376,755. The increase
in the capital of these institutions during the fiscal year was $649,000,
the increase in individual deposits $15,916,075, and the increase in
resources $21,055,755.
Information referred to with respect to each class of institutions
is shown in the following statment:
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Number.
National banks
Loan and trust companies
Savings banks
Building and loan associations
15
Total
1
Amount due to banks not included.
2
117
Capital.
Individual1
deposits.
Aggregate
resources.
$7,677,000
10,400,000
3,537,000
$82,166,000
56,874,000
30,972,000
2 30,555,075
$118,249,000
77,566,000
37,683,000
34,878,755
21,614,000
200,567,075
268,376,755
Share payments mainly.
EARNINGS, EXPENSES, AND DIVIDENDS OF SAVINGS BANKS
AND TRUST COMPANIES IN THE DISTRICT OF COLUMBIA.
Evidence of a prosperous year for sayings banks and trust companies in the District of Columbia is manifested by a comparison of
the earnings, expenses, and dividends of these banks, shown in the
following statement for fiscal years ended June 30, 1921 and 1922.
In the fiscal year ended June 30, 1922, the gross earnings of these
banks amounted to $6,754,000, and show an increase of $312,000 over
gross earnings for the prior year. Interest and discount collected
amounted to $5,272,000, as compared with $5,258,000 for the previous
year. Profit on foreign exchange, commissions, and earnings from
insurance premiums, etc., amounted to $169,000, compared with
$98,000 for 1921, while exchange and collection charges were $4,000
in excess of the amount earned in the previous year, and amounted
to $25,000.
The expenses of these banks during the year amounted to
$4,783,000, an increase of $346,000 over the previous year. The
largest item charged against expense was on account of interest on
deposits, amounting to $1,695,000, and the next largest item was
incident to salaries and wages paid, to the amount of $1,514,000.
Interest and discount on borrowed money amounted to $63,000.
Taxes were paid to the amount of $623,000 and other miscellaneous
expenses totaled $888,000. Net earnings for the year, with the
addition of $110,000 recovered on charged off assets amounted to
$2,081,000, compared with $2,050,000 for the previous fiscal year.
During the last year $155,000 was charged off by these banks on
account of loans and discounts, $135,000 on account of bonds and
securities, $7,000 on account of foreign exchange and other losses to
the amount of $136,000, making a total of $433,000, which amount
deducted from the net earnings of $2,081,000 leaves a net addition to
the profits of these banks of $1,648,000, or $207,000 in excess of the
net addition to profits during the prior year.
The amount of dividends declared during the fiscal year ended
June 30, 1922, was $1,092,000, compared with $1,037,000 for thefiscal
year ended June 30, 1921.
118
KEPORT OF THE COMPTROLLER OF THE CURRENCY.
[In thousands of dollars.]
June 30,
June 30,
1921,
1922,
33 banks. 35 banks.
Capital stock
Total surplus fund..
Dividends declared.
Gross earnings:
Interest and discount
Exchange and collection charges
Foreign exchange profits
Commissions and earnings from insurance premiums and the negotiation of real estate loans
(e) Other earnings
Total...
Expenses paid:
Salaries and wages
Interest and discount on borrowed money
Interest on deposits
Taxes
Contributions to American National Red Cross..
Other expenses
Total.
Net earnings during the year
Recoveries on charged-off assets.
Total..
Losses charged off:
a) On loans and discounts..
b) On bonds, securities, etc.
c) Other losses
d) On foreign exchange
Total.
Net addition to profits during the year.
13,372
6,108
1,037
13,937
6,567
1,092
5,258
21
14
5,272
25
84
1,065
130
6,442
6,754
1,411
101
1,644
597
1,514
63
1,695
623
684
888
4,437
4,783
2,005
45
1,971
110
2,050
2,081
86
425
97
1
155
135
136
609
433
7
1,441
BUILDING AND LOAN ASSOCIATIONS IN THE DISTEICT OF
COLUMBIA.
On June 30, 1922, there were 22 building and loan associations in
the District of Columbia, with aggregate resources of $34,879,000,
the activities of which are under the supervision of the Comptroller
of the Currency, in accordance with the provisions of the act of
March 4, 1909.
. Reports for the 6 months period ended June 30, 1922, show that
these associations had borrowing members to the number of 13,501,
compared with 12,786 for the six months ended June 30, 1921, and
nonborrowing members to the number of 35,754, compared with
34,873 last year. The rate of interest paid by borrowing members
for accommodations extended was 6 per cent. The total operating
expenses for the six months ended June 30, 1922, were $185,200.89,
of which amount $110,973.25 was on account of salaries paid officers
and other employees. These items of expense compare with
$182,162.46 and $103,598.24, respectively, for the 6 months period
ended June 30, 1921. Fifteen associations operate on the permanent
plan, 6 on the serial plan, and 1 operates on the terminating plan.
Nineteen associations require installment payments of $l,two associations, $2, and one association, $2.50.
Supplementary reports received from these associations show that
during the year ended June 30,1922, loans to the amount of $1,434,000
REPORT OF THE COMPTROLLER OF THE CURRENCY.
119
were made in connection with 279 transactions incident to the building of homes; 2,508 loans amounting to $8,610,000 were made for
the purpose of purchasing homes already built; and 525 loans,
amounting to $387,000, were made for the purpose of enabling
persons accommodated to make improvements on real estate already
acquired.
By reference to the following statement it will be noted that the
loans of these associations have increased since June 30, 1909, from
$13,511,587 to $33,233,000 June 30, 1922; installments on shares
have increased in this period from $11,996,357 to $30,506,000 and
aggregate resources from $14,393,927 to $34,879,000:
Number
of associations.
Years.
June 30—
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
. .
22
19
19
20
20
20
20
19
19
20
20
21
24
22
Loans.
Installments
on shares.
$13,511,587
14,415,832
14,965,220
16,004,700
17,398,010
18,582,156
19,524,065
20,186,662
20,951,089
21,567,904
23,654,000
27,398,000
29,520,000
33,233,000
$11,996,357
13,213.644
13,324,217
14,529,977
16,453,044
17,113,899
17,866,337
18,668,808
19,413,266
20,252,005
22,463,000
25,373,000
27,593,000
30,506,000
Aggregate
resources.
$14,393,927
15,250,731
16,017,405
17,100,293
18,438,294
19,029,260
20,655,614
21,611,007
22,264,005
23,215,027
25,699,000
29,322,000
31,683,000
34,879,000
BANKS OTHEB THAN NATIONAL.
STATE (COMMERCIAL) BANKS.
The returns with respect to the condition of State (commercial)
banks as of June 30, 1922, show a reduction in the number of reporting banks during the year, or since June 30, 1921, of 643 banks with
an incident reduction of $1,134,693,000 in aggregate resources.
Loans and discounts declined during the year to $7,934,123,000,
the decrease since June 30, 1921, amounting to $1,136,835,000.
Overdrafts were reduced by $8,018,000 and amounted to $60,225,000.
Investments were reduced from $2,438,057,000 June 30, 1921, to
$2,304,891,000 June 30, 1922.
Banking houses, furniture, and fixtures amounted to $328,767,000,
compared with $330,005,000 June 30, 1921, while other real estate
owned was reported to the amount of $72,761,000, the increase for
the year being $17,417,000v The amount due these banks from other
banks and bankers, including lawful reserve with Federal reserve
banks, of member banks, and from so-called "reserve agents7' of
banks not members of the Federal reserve system, was $1,443,117,000,
showing an increase over the amount due June 30, 1921, of $49,334,000. Checks and other miscellaneous cash items, including exchanges
for clearing house, amounted to $354,874,000, showing an increase
over the total of these items June 30, 1921, of $76,581,000. Total
cash on hand was reduced during the year $37,005,000 and amounted
to $309,584,000.
Miscellaneous assets were reported to the amount of $256,064,000,
or $38,237,000 more than on June 30, 1921.
120
REPORT OF THE COMPTROLLER OF THE CURRENCY.
. Total resources amounted to $13,064,406,000, compared with
$14,199,099,000 June 30, 1921.
Capital stock of these banks was $1,014,248,000 and showed a
reduction since 1921 of $48,797,000. Surplus was likewise reduced
to the extent of $18,699,000 and amounted to $561,131,000. Undivided profits were reported at $210,536,000, compared with $211,882,000 in 1921.
The deposit liability of State (commercial) banks to other banks
and bankers was $387,657,000, compared with $337,373,000 in 1921.
The liability incident to certified checks and cashiers' checks outstanding was $69,803,000, the reduction during the year amounting
to $64,518,000. Individual deposits declined to $10,107,597,000 and
were $567,870,000 less than last year. United States deposits
amounted to only $7,734,000 and showed a reduction during the
year of $32,285,000.
The liability of these banks on account of borrowed money represented by notes and bills rediscounted and bills payable was considerably reduced during the year. Notes and bills rediscounted were
reported at $111,651,000, compared with $257,450,000 in 1921, and
bills payable were reduced from $560,839,000 to $311,149,000.
Other liabilities amounted to $282;900,000 and showed a reduction
of $55,973,000 during the year.
The following summary shows resources and liabilities June 30,
1922, with classifications of loans and discounts, investments, cash
on hand, and deposits:
Summary of reports of condition of 18,23% State {commercial) banks in the United States
and island possessions at the close of business June SO, 1922.
'In thousands of dollars]
RESOURCES.
Loans and discounts (including rediscounts):
On demand (secured by collateral other than real estate).
On demand (not secured by collateral)
On time (secured by collateral other than real estate)
On time (not secured by collateral)
Secured by farm land
Secured by other real estate
Not classified
729,207
95,157
. 523, 225
556,269
133,061
967,865
4,929,339
Total
7,934,123
Overdrafts
60,225
Investments (including premiums on bonds):
United States Government securities
390,929
State, county, and municipal bonds
220,551
Railroad bonds
66, 649
Bonds of other public service corporations (including
street and interurban railway bonds)
56, 783
Other bonds, stocks, warrants, etc
1, 569,979
Total
Banking house (including furniture and
fixtures)
Other real estate owned
Due from banks
Lawful reserve with Federal reserve banks or other reserve agents
Checks and other cash items
Exchanges for clearing house
•
2,304,891
328, 767
72, 761
862,051
581,066
231,013
123,861
BEPORT OF THE COMPTROLLER OF THE CURRENCY.
Cash, on hand:
Gold coin
Silver coin
Paper currency
Nickels and cents
Not classified
121
12,939
12,608
120, 704
1,583
161, 750
Total
309,584
Other resources
256,064
Total resources
13,064,406
LIABILITIES.
Capital stock paid in
1,014,248
Surplus
561,131
Undivided profits (less expenses and taxes paid)
210,536
Due to all banks
387, 657
Certified checks and cashiers' checks
69,803
Individual deposits (including dividends unpaid and postal savings):
Demand deposits—
Individual deposits subject to check
3, 669,927
Demand certificates of deposit
237,352
Dividends unpaid
9, 744
Time deposits—
Savings deposits, or deposits in interest or savings department
2,649,660
Time certificates of deposit
1,177,442
Postal savings deposits
4,367
Not classified
2,359,105
Total
10,107, 597
United States deposits (exclusive of postal savings)
7, 734
Notes and bills rediscounted
I l l , 651
Bills payable (including advances received from War Finance Corporation
and certificates of deposit representing money borrowed)
311,149
Other liabilities
282,900
Total
13,064,406
LOAN AND TRUST COMPANIES.
The returns from loan and trust companies for the current year
show an increase of 76 in the number reporting over last year. The
resources of these companies, amounting to $8,533,850,000, likewise
show an increase over the aggregate for 1921 of- $352,758,000.
The returns from loan and trust companies for the current year,
however, are more complete than heretofore, which fact is accountable to a certain extent for the increases referred to.
Loans and discounts were increased from $4,274,581,000 June
30, 1921, to $4,342,895,000. Overdrafts amounted to $2,603,000,
compared with $2,541,000 in 1921. Investments in United States
Government securities and other miscellaneous bonds, stocks,
and securities were increased during the year from $1,942,676,000
to $2,311,101,000.
Banking houses, furniture, and fixtures were carried at $198,267,000, showing an increase over the amount reported in 1921
of $9,394,000, while other real estate owned was carried at $38,424,000,
compared with $26,163,000 in 1921.
Balances due from correspondent banks and bankers were increased from $780,214,000 to $895,922,000 June 30, 1922. Checks
and other miscellaneous cash items, including exchanges for clearing
18587°—23
9
122
REPORT OF THE COMPTROLLER OF THE CURRENCY.
house, were increased $84,616,000 during the year and amounted
to $315,381,000.
Cash in vaults of these companies was less by $55,638,000 than
a year ago and totaled $117,079,000.
Other miscellaneous assets aggregated $312,178,000, compared
with $562,562,000 in 1921.
Capital stock was increased from $515,533,000 in 1921 to $532,316,000, while in this period surplus was increased from $537,947,000
to $562,731,000 and undivided profits from $111,614,000 to
$117,513,000.
The deposit liability of these companies to other banks and
bankers was $351,547,000, an increase over 1921 of $32,387,000.
The liability on account of certified checks and cashiers' checks
outstanding was $31,109,000 and showed a reduction during the
year of $112,035,000. A decided increase in the amount of individual deposits, which rose from $5,611,787,000 in 1921 to $6,495,928,000, is noted. United States deposits declined during the year
from $100,951,000 to $13,800,000.
The liability for borrowings incident to the rediscount of notes
and bills and bills payable shows considerable reductions. Notes
and bills reported June 30, 1921, at $132,778,000 were reduced to
$42,237,000 and bills payable were reduced in this period from
$173,186,000 to $61,333,000. Other liabilities amounted to $325,336,000, compared with $534,992,000 in 1921.
The following statement shows the resources and liabilities of
loan and trust companies June 30, 1922, with classifications of
loans and discounts, investments, cash on hand, and deposits:
Summary of reports of condition of 1,550 loan and trust companies in the United States
at the close of business June 30, 1922.
[In thousand dollars.]
RESOURCES.
Loans and discounts (including rediscounts):
On demand (secured by collateral other than real estate)... 659,047
On demand (not secured by collateral)
126,372
On time (secured by collateral other than real estate)
288,544
On time (not secured by collateral)
'
597,816
Secured by farm land
19,804
Secured by other real estate
474,120
Not classified
2,177,192
Total
*
4,342,895
Overdrafts
2,603
Investments (including premiums on bonds):
United States Government securities
318,498
State, county, and municipal bonds
87,161
Railroad bonds
248,165
Bonds of other public service corporations (including street
and interurban railway bonds)
168,545
Other bonds, stocks, warrants, etc
1,488,732
Total
Banking house (including furniture and
fixtures)
Other real estate owned
Due from banks
Lawful reserve with Federal reserve bank or other reserve agents
Checks and other cash items
Exchanges for clearing house
2,311,101
198, 267
38,424
327,886
568,036
278,377
37,004
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Cash on hand:
Gold coin
Silver coin
Paper currency
Nickels and cents
Not classified
123
5,576
4,498
54,577
4,861
47,567
Total
,
117,079
Other resources
312,178
Total resources
8,533,850
LIABILITIES.
Capital stock paid in
Surplus
Undivided profits (less expenses and taxes paid)
Due to all banks
Certified checks and cashiers' checks
Individual deposits (including dividends unpaid and postal savings):
Demand deposits—
Individual deposits subject to check
2,053,254
Demand certificates of deposit
72,927
Dividends unpaid
5,448
Time deposits—
Savings deposits, or deposits in interest or savings
department
1,382,748
Time certificates of deposit
136,768
"ags deposits
6,041
Not classified
2,838, 742
532,316
562,731
117,513
351,547
31,109
Total
6,495,928
United States deposits (exclusive of postal savings)
13,800
Notes and bills rediscounted
42, 237
Bills payable (including advances received from War Finance Corporation
and certificates of deposit representing money borrowed)
61,333
Other liabilities
325,336
Total liabilities
8,533,850
PRINCIPAL. ITEMS OF RESOURCES AND LIABILITIES OP LOAN
AND TRUST COMPANIES IN JUNE OF EACH YEAR, 1914 TO
1922.
The following table shows the number of trust companies and principal items of resources and liabilities on or about June 30 of each
year from 1914 to 1922, inclusive.
[In millions of dollars.]
Year.
Number.
1914.
1915.
1916.
1917.
1918
1919.
1920
1921
1922.
1,564
1,664
1,606
1,608
1,669
1,377
1,408
1,474
1,550
* Includes overdrafts.
Loans.1
2,905.7
3,048.6
3,704.3
4,311.7
4,403.8
4,091.0
4,601.5
4,277.1
4,345.4
Investments.
1,261.3
1,349.6
1,605.4
1,789.7
2,115.6
2,069.9
1,902.1
1,942.6
2,311.1
Capital.
462.2
476.8
475.8
505.5
525.2
450.4
475.7
515.5
532.3
Surplus
and
profits.
564.4
577.4
605.5
641.8
646.9
588.6
612.1
649.6
680.2
All
deposits.
4,289.1
4,604.0
5,732.4
6,413.1
6,493.3
6,157.2
6,518.0
6,175.0
6,861.2
Aggregate
resources.
5,489.5
5,873.1
7,028.2
7,899.8
8,317.4
7,959.9
8,320.0
8,181.0
8,533.8
124
REPORT OF THE COMPTROLLER OF THE CURRENCY.
STOCK SAVINGS BANKS.
^Information relative to stock savings banks is more complete for
the current year than that heretofore received, the number of these
banks, according to the returns, being increased from 978, with resources of $557,910,000 June 30, 1921, to 1,066, with resources of
$1,583,922,000 June 30, 1922.
Loans and discounts were increased during the year $621,723,000
and amounted to $1,051,310,000. Overdrafts were increased from
$361,000 to $498,000.
Investments of these banks, amounting to $325,687,000, show an
increase of $267,910,000 over the amount reported in 1921. Banking
houses, furniture, and fixtures carried at $14,611,000, June 30, 1921,
were reported at $43,770,000 June 30, 1922, while other real estate
owned was increased from $1,500,000 to $6,837,000. Balances on the
books of other banks and bankers to the credit of stock savings
banks were greater by $74,237,000 than a year ago, and amounted to
$116,382,000. ChecKs and other miscellaneous cash items, including
exchanges for clearing house, amounted to $6,576,000, compared with
$391,000 in 1921. Cash in the vaults of these banks was increased
from $11,013,000 in 1921 to $28,001,000.
Other resources show an increase during the year of $4,336,000 and
amounted to $4,861,000.
Capital stock was $79, 850,000, or $39,948,000 greater than in 1921.
Surplus funds amounted to $41,180,000 compared with $19,210,000
a year ago, and undivided profits of $18,995,000 show an increase in
this period of $9,779,000.
Balances due to other banks and bankers were increased from
$393,000 to $1,336,000, and the liability for certified checks and cashiers' checks outstanding was increased from $226,000 to $557,000
during the year. Individual deposits were increased from
$442,851,000 in 1921 to $1,401,742,000, while United States deposits
show an increase of $3,626,000 over the amount reported in 1921.
Notes and bills rediscounted show a reduction of $25,000 during
the year, and amounted to $61,000, and the liability for bills payable
was reduced from $40,411,000 to $29,355,000. Other liabilities
amounted to $7,110,000, and were $1,605,000 greater than on June
30, 1921.
The resources and liabilities of stock savings banks, with classifications of loans and discounts, investments, cash and deposits, June
30, 1922, also a comparative statement of the number of stock savings
banks in each State, the number of depositors, the amount of individual deposits, the average amount due each depositor, and the
per cent rate of interest paid for years ended June 30,1921 and 1922,
are shown in the following statements:
REPORT OF THE COMPTROLLER OF THE CURRENCY.
125
Summary of reports of condition of 1,066 stock savings banks in the United States ot the
close of business June SO, ^~"~
[In thousands of dollars.]
RESOURCES.
Loans and discounts (including rediscounts):
On demand (secured by collateral other than real estate).....
9,884
On demand (not secured by collateral)
..
1,153
On time (secured by collateral other than real estate)
. „.. 3,958
On time (not secured by collateral)
18,049
Secured by farm land
2, 920
Secured by other real estate
,
573,667
Not classified
441, 679
Total
77777771 1,051,310
Overdrafts
498
Investments (including premiums on bonds):
United States Government securities
21,414
State, county, and municipal bonds
5,106
Railroad bonds
12,518
Bonds of other public service corporations (including street
and interurban railway bonds)
3,116
Other bonds, stocks, warrants, etc
283, 533
Total
325,687
Banking house (including furniture and
fixtures)
43,770
Other real estate owned
6,837
Due from banks
,
98,188
Lawful reserve with Federal reserve bank or other reserve agents
18,194
Checks and other cash items
4,184
Exchanges for clearing house
2,392
Cash on hand:
Gold coin
Ill
Silver coin
80
Paper currency
1,000
Nickels and cents
Not classified
26,810
Total
28,001
Other resources
4,861
Total resources
1,583,922
LIABILITIES.
Capital stock paid in
79,850
Surplus
41,180
Undivided profits (less expenses and taxes paid)
18,995
Due to all banks
1,336
Certified checks and cashiers' checks
557
Individual deposits (including dividends unpaid and postal savings):
Demand deposits—
Individual deposits subject to check
17,167
Demand certificates of deposit
495
Dividends unpaid
55
Time deposits—
Savings deposits, or deposits in interest or savings department
439,016
Time certificates of deposit
2,950
Postal savings deposits
4
Not classified
942,055
Total
1,401,742
United States deposits (exclusive of postal savings)
3,736
Notes and bills rediscounted
61
Bills payable (including advances received from War Finance Corporation
and certificates of deposit representing money borrowed)
29,355
Other liabilities
7,110
Total liabilities
1,583,922
Number of stock savings banks, number of depositors, individual deposits, and average deposit account, by States, June SO, 1921 and 1922.
to
fin thousands of dollars.]
1922
1921
States.*
NAW Hampshire
New Jersey
Pennsylvania
District of Cnlirmhifl.
Michigan
Iowa.°.. .
Wyoming
Oregon. .T
California
Utah
Nevada
Arizona
Number of
banks.
11
1
.L
Total, United States
1
2
8
lt
Depositors.
32,993
42,729
Average
due each
depositor.
13,499
20,905
409.15
489.25
2 4.00
3.50
26
88,568
27,102
306.00
23.00
928
3
5
893,664
4,087
8,422
358,951
1,706
3,781
401.66
417.42
448.94-
4.00
4.00
3.60
3
45,808
15,699
342.71
3.72
1
2,312
1,208
522.49
4.66
978
1,118,583
442,851
395.90
No separate returns received from Stock Savings banks in any other States.
Generally.
Returns as of June 10,1922.
4 Includes business of branches.
5 Estimated.
6 Includes Due to Banks.
Per cent
rate of
interest
paid.
Deposits.
Number of
banks.
Depositors.
Deposits.
Average
due each
depositor.
11
1
1
29
4
3 908
3
6
<98
3
1
1
33,448
43,900
3,714
90,305
37,887
874,384
2,494
9,180
1,736,285
46,292
3,050
8
2,197
14,030
21,118
2,012
30,972
9,236
358,328
1,665
3,792
940,833
15,758
2,793
6 1,205
419.46
481.05
541.73
342.97
243.78
409.81
667.60
413.07
541.87
340.40
915.74
548.48
1,066
2,883,136
1,401,742
486.19
Per cent
rate of
interest
paid.
2 4.00
3.50
3.00
3.31
4.00
4.00
4.00
3.75
M.00
3.75
4.00
4.00
KEPOET OF THE COMPTROLLER OF THE CURRENCY.
127
MUTUAL SAVINGS BANKS.
Returns were received from 619 mutual savings banks June 30,
1922, with resources of $6,351,648,000, showing an increase in the
number of reporting banks of 4 since June 30, 1921, and an increase
in resources of $311,527,000.
Loans and discounts, including overdrafts, were increased from
$2,809,805,000 to $3,002,746,000. The investments of these banks
amounted to $3,007,293,000 and showed an increase over the amount
reported in 1921 of $118,322,000.
Banking houses, furniture, and fixtures were reported at $49,084,000, compared with $46,171,000 in 1921, and other real estate
owned showed a reduction in this period of $1,070,000, the amount
June 30, 1922, being $10,630,000.
Balances due from other banks and bankers amounted to $185,903,000, the increase during the year amounting to $14,161,000.
Checks and other miscellaneous cash items, including exchanges for
clearing house, totaled $1,353,000, and were reduced during the
year to the amount of $1,346,000.
Cash on hand was $7,454,000 greater than on June 30, 1921, and
amounted to $44,883,000. Other miscellaneous assets show a reduction during the year of $21,848,000 and amounted to $49,756,000.
The surplus funds of these banks, reported at $366,420,000 in
1921, were increased to $468,193,000, and undivided profits were
increased during this period from $79,920,000 to $92,196,000.
The aggregate deposits of these banks, consisting principally of
savings deposits, were $5,779,795,000, the amount of increase during the year being $204,477,000.
Liabilities incident to notes and bills rediscounted and bills payable show a reduction of $101,000 during the year, and amounted
to $754,000.
Other liabilities were $10,710,000, compared with $17,608,000
in 1921.
The resources and liabilities of these banks June 30, 1922, are
shown in the following statement, with classifications of loans and
discounts, investments, cash and deposits:
Summary of reports of condition of 619 mutual savings banks in the United States at the
close of business June 30, 1922.
[In thousands of dollars.]
RESOURCES.
Loans and discounts (including rediscounts):
On demand (secured by collateral other than real estate)...
21,181
On demand (not secured by collateral)
4, 827
On time (secured by collateral other than real estate)
98,296
On time (not secured by collateral)
51,603
Secured by farm land
40,232
Secured by other real estate
905,313
Not classified
1,879,973
Total
Overdrafts
3,001,425
1,321
128
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Investments (including premiums on bonds):
United States Government securities
477, 421
State, county, and municipal bonds
252, 382
Railroad bonds
604,223
Bonds of other public-service corporations (including street
and interurban railway bonds)
140, 554
Other bonds, stocks, warrants, etc
1, 532, 713
Total
Banking house (including furniture and fixtures)
Other real estate owned
Due from banks.
Lawful reserve with Federal reserve bank or other reserve agents
Checks and other cash items
Exchanges for clearing house
Cash on hand:
Gold coin
Silver coin
Paper currency
Nickels and cents
Not classified
3,007, 293
49, 084
10, 630
171, 639
14, 264
1, 274
79
929
118
14,077
16
29, 743
Total
44, 883
Other resources
49, 756
Total resources
6,351, 648
LIABILITIES.
Surplus
'.
Undivided profits (less expenses and taxes paid)
Due to all banks
Certified checks and cashiers' checks
Individual deposits (including dividends unpaid and postal
savings):
Demand deposits—
Individual deposits subject to check
41, 549
Demand certificates of deposit
Dividends unpaid
653
Time deposits—
Savings deposits, or deposits in interest or savings
department
5,686,603
Time certificates of deposit
117
Postal savings deposits
Not classified
„
50,584
l
468,193
92,196
264
24
Total
5,779,506
United States deposits (exclusive of postal savings)
1
Notes and bills rediscounted.
—
107
Bills payable (including advances received from War Finance Corporation
and certificates of deposit representing money borrowed)
647
Other liabilities
10,710
Total liabilities
6,351,648
DEPOSITORS AND DEPOSITS IN MUTUAL SAVINGS BANKS.
An analysis of the following comparative statement, showing the
number of mutual savings banks in each State, the number of depositors, the amount of individual deposits, the average amount due each
depositor, and the rate of interest paid June 30, 1921 and 1922, discloses a notable increase in the number of depositors and deposits in
these banks during the past year. Mutual savings banks are operi Includes $350,000 stock of two stock savings banks.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
129
ated principally in the New England States, the largest number
being in the State of Massachusetts, the returns from which State
show a marked increase, both in the number of depositors and in
the amount of deposits. The next largest number of banks is credited to the State of New York, the returns from which State likewise
show increases in the number of depositors and the amount of
deposits.
From the statement referred to it will be noted the total number
of depositors in this class of banks, including returns from two stock
savings banks in the State of Minnesota, June 30,1922, was 9,655,861,
or 36,101 more than on June 30, 1921, while the amount of deposits
was increased from $5,575,147,000 to $5,779,506^000; the average
amount due each depositor was $598.55, compared with $579.58 m
1921. The general interest rate paid these banks on deposits is 4 per
cent.
Number of mutual savings banks, number of depositors, individual deposits, and average deposit account, by States,
June SO, 1921, and 1922.
00
O
[In thousands of dollars.
1922
1921
States.
Wai™
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
"Pan Tisyl yarn n.
Delaware
Maryland
.
Total Eastern States
West Virginia (total Southern States).
Ohio
Indiana
Wisconsin
MinTiftfsota
T--.- ....
Total Middle Western States
Washington
California
Total Pacific States
Total United States.
1
As of Sept., 1921.
*8 Generally.
Includes business of branches.
« Bank dissolved, 1922.
Average
Per cent
due each rate of in- Number Depositors. Deposits.
depositor. terest paid. of banks.
Number
of banks. Depositors. Deposits.
42
45
20
197
15
80
237,556
230,534
122,627
2,574,169
182,195
787,013
106,603
120,157
66,648
1,235,847
118,051
419,753
448.75
521.21
543.50
480.10
647.94
533.35
399
4,134,094
2,067,059
143
26
10
2
17
3,854,090
357,541
559,025
43,416
278,259
2,648,251
183,254
307,241
19,238
126,686
198
5,092,331
<1
7,052
3
5
7
9
24
1
Per cent
Average
due each rate of indepositor. terest paid.
4.00
«4.00
4.375
4.405
4.00
4.18
43
45
20
195
«14
79
i 237,53f
233,374
122,176
2,611,057
182,706
733,961
105,324
123,380
68,082
1.274,594
120,843
418,980
443.41
528.68
557.25
488.15
661.41
570.85
500.00
396
4,120,805
2,111,203
512.33
2 4.00
687.13
3.75
512.54
549.60 3.00 to 4.25
4.00
443.11
3.50
455.28
144
26
9
2
17
3,915,912
360,911
520,535
42,561
279,311
2,791,353
185, 111
306,739
19,031
129,811
*4.00
712. 82
3.77
512.90
589. 28 3.00 to 4.25
4.00
447.14
3.75
464.75
3,284,670
645.02
198
5,119,230
3,432,045
670. 42
2,269
321. 75
4.50
106,090
6 33,897
13,176
153,638
68,450
16,455
4,377
58,654
645.21
485.44
332.17
381.77
3.83
4.00
2 4.00
4.25
3
5
6
69
101,467
32,459
12,725
159,205
65,539
16,121
3,979
59,817
645.91
496.66
312.69
375.72
306,801
147,936
482.19
23
305,856
145,456
475. 57
73,213
926.96
1
1
34,714
75,256
17,184
73,618
495.02
978. 23
78,982
3.96
4.00
4.26
4.54
4.00
4.00
4.00
1
78,982
73,213
926.96
2
109,970
90,802
825.70
623
9,619,260
5,575,147
579.58
619
9,655,861
5,779,506
598.55
6
Jan. 1.1921.
• Includes stock savings banks.
i Approximately.
4.00
4.00
4.20
4.00
5.00
7 4.00
BEPORT OF THE COMPTROLLER OF THE CURRENCY.
131
MUTUAL AND STOCK SAVINGS BANKS.
The number of mutual and stock savings banks, the number of
depositors, the amount of individual deposits, and the average
amount due each depositor for years ended June 30, 1914 to 1922,
inclusive, are shown in the following statement:
Number of savings hanks {mutual and stock) in the United States, number of depositors,
amount of individual deposits, and average amount due each depositor in years ended
June 80, 1914 to 1922, inclusive.
Year.
i QI ^/Mutual sayings banks \ S t o c k savings b a n k s . . .
JMutual savings banks.,
1 Stock savings b a n k s . . .
/Mutual savings banks..
1 Stock savings b a n k s . . .
,i yQ17
/Mutual
savings banks..
i
' \ S t o c k savings b a n k s . . .
ii yQIi 8 o/Mutual savings banks..
\Stock savings b a n k s . . .
1 qi a/Mutual savings banks..
iyiy
\Stock savings b a n k s . . .
1 aon/Mutual savings banks..
iy
^ \ S t o c k savings b a n k s . . .
Ti yQ01
/Mutual savings banks..
jl
\Stocksavings b a n k s . . .
, (Mutual savings banks.
\Stock savings b a n k s . . .
m4
Banks.
634
1,466
630
1,529
622
1,242
622
1,185
625
1,194
622
1,097
620
1,087
623
978
619
1,066
Depositors.
Deposits.1
8,277,359 $3,915,555,286
2,832,140 1,018,330,071
8,307,787 3,950,585,631
2,977,968 1,046,096,917
8,592,271 4,187,916,941
2,556,121
901,936,188
8,935,055 4,422,489,344
2,431,958
996,165,031
9,011,464 4,422,092,991
2,368,089 1,049,694,890
8,948,808 4,751,300,000
2,486,073 1,152,127,000
9,445,327 5,186,952,000
1,982,229 1,351,242,000
9,619,260 5,575,147,000
1,118,583
442,851,000
9,655,861 5,779,506,000
2,883,136 1,401,742,000
Average
due each
depositor.
$473.04
359.56
475.53
351.28
487.40
352.85
494.96
409.61
490.72
443.27
530.94
463.43
549.16
681.68
579.58
395.90
598.55
486.19
* Dividends unpaid included.
PRIVATE BANKS.
Information was received as of June 30, 1922, showing the condition of 673 private bainks with aggregate resources of $185,331,000.
Due to the fact that private banks in the States of Connecticut, Texas,
Michigan, and Iowa are not under the supervision of the State banking departments, and are under no obligation to furnish the Comptroller s office with statements of condition, the returns from this
class of banks, which are estimated to number 1,200 throughout the
United States, are incomplete. The returns show a reduction since
1921 of 35 banks, although resources were increased $10,225,000.
Loans and discounts amounted to $106,238,000, compared with
$104,285,000 in 1921. Overdrafts were increased during the year
from $727,000 to $755,000.
Investments, amounting to $35,270,000, show an increase over
June 30, 1921, of $5,909,000. Banking houses, furniture, and fixtures,
valued at $5,852,000, show an increase of $2,006,000 in the year, and
other real estate owned was reduced from $7,174,000 to $5,422,000.
Balances due from other banks and bankers aggregated $23,621,000,
compared with $21,597,000 in 1921. Checks and other cash items,
including exchanges for clearing house, were increased from $710,000
to $1,006,000 during the year. Cash in bank was reduced from
$4,470,000 to $4,164,000, while other miscellaneous assets amounting
to $3,203,000 show an increase over 1921 of $67,000.
Capital stock was reduced to the extent of $1,281,000 in the year
and amounted to $10,320,000. Surplus was increased by $2,999,000
and amounted to $15,368,000, and undivided profits were increased
from $1,956,000 in 1921 to $2,169,000.
132
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Aggregate deposits, amounting to $147,191,000, show an increase
of $11,843,000 during the year. Notes and bills rediscounted and
bills payable show reductions of $479,000 and $3,229,000, respectively,
the amount of notes and bills rediscounted being $1,384,000, while the
amount of bills payable was $4,599,000. Other liabilities, amounting
to $4,500,000, were $159,000 greater than in 1921.
The condition of reporting private banks, June 30, 1922, is shown
in the following statement:
Summary of reports of condition of 673 private banks in the United States at the close of
business June 30, 1922.
[In thousands of dollars.]
RESOURCES.
Loans and discounts (including rediscounts):
On demand (secured by collateral other than real estate)
On demand (not secured by collateral)
On time (secured by collateral other than real estate)
On time (not secured by collateral)
Secured by farm land
Secured by other real estate
Not classified.
1, 768
1,120
8,923
9,905
4, 798
17,938
61, 786
Total
106, 238
Overdrafts
'.
755
Investments (including premiums on bonds):
United States Government securities
6,446
State, county, and municipal bonds
1, 761
Railroad bonds
2,455
Bonds of other public service corporations (including street and
interurban railway bonds)
946
Other bonds, stocks, warrants, etc
23,662
Total
Banking house (including furniture and
fixtures)
Other real estate owned
Due from banks
Lawful reserve with Federal reserve bank or other reserve agents
Checks and other cash items
Exchanges-for clearing house
Cash on hand:
Gold coin
Silver coin
Paper currency
Nickels and cents
Not classified
Total
35,270
5,852
5,422
15,989
7,632
844
162
223
258
1,731
36
1,916
4,164
Other resources
3,203
Total resources
185,531
LIABILITIES.
Capital stock paid in
10, 320
Surplus
v
15, 368
Undivided profits (less expenses and taxes paid)
2,169
Due to all banks
1,531
Certified checks and cashiers' checks
239
Individual deposits (including dividends unpaid and postal savings):
Demand deposits—
Individual deposits subject to check
48,121
Demand certificates of deposit
14,396
Dividends unpaid
12
KEPORT OF THE COMPTROLLER OF THE CURRENCY.
133
Time deposits—
Savings deposits, or deposits in interest of savings department
32,733
Time certificates of deposit
20,001
Postal savings deposits
313
Not classified
29, 603
Total
145,179
United States deposits (exclusive of postal savings)
242
Notes and bills rediscounted
,
1, 384
Bills payable (including advances received from War Finance Corporation
and certificates of deposit representing money borrowed)
4,599
Other liabilities
4,500
Total liabilities
185, 531
ALL REPORTING BANKS OTHER THAN NATIONAL, STATE, (COMMERCIAL), SAVINGS, PRIVATE BANKS, AND LOAN AND TRUST
COMPANIES.
The returns relative to the condition of all reporting banks other
than national in the continental United States, referred to in preceding paragraphs, with respect to each class of institutions, were
received from the State banking department officials of the several
States, who responded generously to the comptroller's requests for
this information, and data with reference to banks in the insular
possessions and Territories, was supplied through the cooperation
of the Bureau of Insular Affairs, War Department, and the office
of the Secretary of the Interior.
The combined data as of June 30,1922, represent the returns from
22,140 reporting banks with aggregate resources of $29,719,357,000.
This shows a reduction of 518 in the number of reporting banks, but
an increase in aggregate resources of $565,829,000.
The reduction in the number of reporting banks is due to the fact
that during the last fiscal year, as shown by information at command,
there were 364 failures of banks other than national, while of the
245 charters issued to national banking associations during the year,
128 were conversions of State banks. The failure of the guaranty
deposit system law in some States to meet the demands made upon
it was responsible to some extent for the number of conversions of
State banking institutions.
The loans and discounts of all reporting banks other than national
totaled $16,435,991,000, and show a reduction of $253,218,000 during the year. Overdrafts were reduced from $71,879,000 in 1921, to
$65,402,000.
The investments of these banks amounted to $7,984,242,000 and
were $627,400,000 more than in 1921.
Banking houses, furniture, and fixtures, reported at $625,740,000,
show an increase of $42,234,000 during the year, and other real estate
owned was increased from $101,881,000 in 1921 to $134,074,000.
Balances on the books of other banks and bankers to the credit of
reporting banks were $2,664,945,000, compared with $2,409,481,000
in 1921.
Checks and other miscellaneous cash items, including exchanges
for clearing house, were $166,332,000 greater than in 1921, and
amounted to $679,190,000.
134
REPORT OF THE COMPTROLLER OF THE CURRENCY.
The total cash in the vaults of these banks was $503,711,000
and was $68,507,000 below the amount reported a year ago. Other
miscellaneous assets reported at $626,062,000 showed a reduction
of $229,592,000.
Capital stock, reported at $1,636,734,000, was $6,663,000 greater
than in 1921; surplus funds were $1,648,603,000, compared with
$1,515,776,000 a year ago, while undivided profits were increased to
the extent of $26,821,000 during the year, and amounted to
$441,409,000.
The liability of these banks on account of balances to the credit of
correspondent banks was $742,335,000, showing an increase of
$83,932,000
since 1921, and the liability for certified checks and
cashiers7 checks outstanding, amounting to $101,732,000, was
$176,201,000 less than a year ago. Individual deposits to the
amount of $23,929,952,000 show an increase of $1,491,011,000 since
1921. United States deposits decreased $115,678,000 during the
year and amounted to $25,513,000.
Liabilities for borrowed money represented by the rediscount of
notes and bills and by bills payable were considerably liquidated during the year, the amount of notes and bills rediscounted being only
$155,440,000, compared with $392,268,000 a year ago, while in this
period bills payable were reduced from $783,028,000 to $407,083,000.
Other liabilities, amounting to $630,556,000, were $270,763,000
less than a year ago.
The following summary shows the combined returns of all reporting
banks other than national in the United States and island possessions, June 30, 1922, with classifications of loans, investments, cash,
and deposits:
Summary of reports of condition of 22,140 State, savings, private banks, and loan and
trust companies in the United States and island possessions at the close of business
June SO, 1922.
[In thousands of dollars.]
RESOURCES.
Loans and discounts (including rediscounts):
On demand (secured by collateral other than real estate). 1,421,087
On demand (not secured by collateral)
228,629
On time (secured by collateral other than real estate)...
922,946
On time (not sesured by collateral)
1,233,642
Secured by farm land
200,815
Secured by other real estate
2,938,903
Not classified
9,489,969
Total
16,435,991
Overdrafts
65,402
Investments (including premiums on bonds):
United States Government securities
1,214,708
State, county, and municipal bonds
566,961
Railroad .bonds
934,010
Bonds of other public service corporations (including
street and interurban railway bonds)
369, 944
Other bonds, stocks, warrants, etc
4,898,619
Total
Banking house (including furniture and
fixtures)
Other real estate owned
Due from banks
Lawful reserve with Federal reserve bank or other reserve agents.......
7,984,242
625,740
134,074
1,475,753^
1,189,192
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Checks and other cash items
Exchanges for clearing house
Cash on hand:
Gold coin
Silver coin
Paper currency
Nickels and cents
Not classified
Total
Other resources
Total resources
135
515,692
163,498
19,778
17,562
192,089
6,496
267, 786
«.
503,711
626,062
29, 719, 357
...
LIABILITIES.
Capital stock paid in
1,636,734
Surplus
1, 648, 603
Undivided profits (less expenses and taxes paid)
441,409
Due to all banks
742,335
Certified checks and cashiers' checks
101, 732
Individual deposits (including dividends unpaid and postal savings:
Demand deposits—
Individual deposits subject to check
5, 830,018
Demand certificates of deposit
325,170
Dividends unpaid
15, 912
Time deposits—
Savings deposits, or deposits in interest or savings
department
10,190,760
Time certificates of deposit
1,337,278
Postal savings deposits
10,725
Not classified
6,220,089
Total
23,929,952
United States deposits (exclusive of postal savings)
25,513
Notes and bills rediscounted
155,440
Bills payable (including advances received from War Finance Corporation and certificates of deposit representing money borrowed)
407,083
Other liabilities
630,556
Total liabilities
29, 719, 357
The resources and liabilities of each class of reporting banks other
than national, June 30, 1922, are shown in the following statement:
Resources and liabilities of 22,140 State (commercial) banks, loan and trust companies,
savings and private banks, June SO, 1922.
[In thousands of dollars.]
18,232 State 1,550 loan 1,066 stock
619 mutual 673
(comand trust savings
savings private
mercial) companies.
banks.
banks.
Danks.
banks.
22,140
total
banks.
RESOURCES.
Loans and discounts
Overdrafts
Investments (including premiums on
bonds)
Banking house (including furniture
and fixtures)
Other real estate owned
Due from banks
,
Lawful reserve with Federal reserve
bank or other reserve agents
Checks and other cash items
Exchanges for clearing house
Cash on hand
Other resources
Total resources
7,934,123
60,225
4,342,895
2,603
1,051,310 3,001,425
1,321
498
106,238
755
16,435,991
65,402
2,304,891
2,311,101
325,687 3,007,293
35,270
7,984,242
328,767
72,761
862,051
198,267
38,424
327,886
43,770
6,837
49,084
10,630
171,639
5,852
5,422
15,989
625,740
134,074
1,475,753
581,066
231,013
123,861
309,584
256,064
568,036
278,377
37,004
117,079
312,178
18,194
4,184
2,392
28,001
4,861
14,264
1,274
79
44,883
49,756
7,632
844
162
4,164
3,203
1,189,192
515,692
163,498
503,711
626,062
13,064,406 8,533,850
1,583,922
6,351,648 185,531
29,719,357
136
REPOET OF THE COMPTROLLER OF THE CURRENCY.
Resources and liabilities of 22,140 State (commercial) banks, loan and trust companies,
savings and private banks, June 30,1922—Continued.
18,232 State 1,550 loan 1,066 stock 619 mutual 673
(comand trust savings
private
mercial) companies.
banks.
banks.
banks.
banks.
22,140
total
bank.
LIABILITIES.
79,850
Capital stock paid in
1,014,248
532,316
10,320 1,636,734
561,131
41,180 » 468,193 15,368 1,648,603
Surplus
562,73.1
Undivided profits (less expenses and
18,995
92,196
taxes paid)
210,536
117,513
2,169
441,409
264
1,336
Due to all banks
387,657
351,547
1,531
742,335
24
Certified checks and cashiers' checks..
69,803
557
101,732
31,109
239
Individual deposits (including dividends unpaid and postal savings).. 10,107,597 6,495,928 1,401,742 5,779,506 145,179 23,929,952
United States deposits (exclusive of
1
3,736
postal savings)
7,734
242
13,800
25,513
111,651
61
Notes and bills rediscounted
42,237
1,384
155,440
107
Bills payable (including advances received from War Finance Corporation and certificates of deposit representing money borrowed)
61,333
29,355
647
311,149
4,599
407,083
325,336
10,710
282,900
7,110
Other liabilities
4,500
630,556
Total liabilities
1
13,064,406
8,533,850
1,583,922
6,351,648
185,531
29,719,357
Includes $350,000 stock of 2 stock savings banks.
PRINCIPAL ITEMS OF RESOURCES AND LIABILITIES OF ALL REPORTING BANKS OTHER THAN NATIONAL, ON OR ABOUT JUNE 30,
1917-1922.
The principal items of resources and liabilities of all reporting
banks other than national, are shown in the following statement for
years ended on or about June 30, for the past six years:
Consolidated returns from State, savings, private banks, and loan and trust companies.
[In thousands of dollars.]
Items.
1917
1918
1919
1920
Loans i
11,674,130 12,426,598 14,061,698 17,263,796
Bonds
4,990,752 5,784,381 7,177,605 7,201,060
572,898
626,027
Cash
749,791
513,869
1,478,473
1,191,421 1,253,032
1,318,762
Capital
1,863,435
1,663,440
Surplus and undivided profits. 1,484,875 1,509,328
16,739,573 17, 719,0*3 20, 774,154 23,609,798
Deposits (individual)
20,836,357 22,371,497 26,380,529 29,667,855
Kesources
1921
16,761,088
7,356,842
572,218
1,630,081
1,930,364
22,438,941
29,153,528
1922
16,501,393
7,984,242
503,711
1,636,734
2,090,012
23,929,952
29,719,357
i Including overdrafts.
RESOURCES AND LIABILITIES OF ALL REPORTING BANKS
IN EACH STATE AND ISLAND POSSESSIONS.
The returns from all reporting banks June 30, 1922, including
national, State (commercial), loan and trust companies, stock
savings, mutual savings, and private banks, show the condition
of 30,389 banks with aggregate resources of $50,425,367,000. The
reduction in the number of reporting banks during the fiscal year
was 423, but resources were increased $753,977,000.
The loans and discounts of these banks were $27,860,443,000 and
show a reduction of $1,071,568,000 since June 30, 1921. Over
KEPORT OF THE COMPTROLLER OF THE CURRENCY.
137
drafts were reduced during the year $7,249,000 and amounted to
$74,600,000.
Investments in bonds and other securities amounted to $12,547,567,000 compared with $11,381,923,000 a year ago.
Banking houses, furniture, and fixtures were carried at $1,078,174,000, or $84,276,000 in excess of the amount in 1921. Other
real estate owned was increased $44,834,000 during the year and
amounted to $198,457,000.
Balances due from other banks and bankers to reporting banks,
including lawful reserve and items in process of collection with
Federal reserve banks to the credit of national banks and member
State banks, aggregated $5,414,241,000, showing an increase of
$620,036,000 over the aggregate of these balances in 1921. Checks
and other miscellaneous cash items, including exchanges for clearing
house, were $1,574,608,000 compared with $1,290,667,000 a year ago.
The returns from all classes of banking institutions indicate a
tendency to carry less cash on hand, the reduction during the past
fiscal year amounting to $116,675,000. The total cash on hand
June 30, 1922, was $829,892,000.
Other miscellaneous assets show a reduction during the year of
$249,262,000, and amounted to $847,385,000.
Capital stock was increased during the year $39,989,000 and
amounted to $2,943,950,000. Surplus funds were also increased
$155,377,000 in this period and amounted to $2,697,409,000, while
undivided profits of $933,843,000 show an increase of $23,100,000
during the year.
The*liability of national banks for circulating notes outstanding
June 30, 1922, was $725,748,000, compared with $704,147,000
June 30, 1921.
The deposit liability of all reporting banks to correspondent
banks and bankers, including the Federal reserve banks, was
$3,244,386,000, or $434,972,000 in excess of the amount of these
balances June 30, 1921.
•
The liability of all reporting banks incident to the issuance of
certified checks and cashiers' checks was $62,078,000 less than a
year ago, and amounted to $552,505,000.
Individual deposits show an increase of $2,349,746,000 during the
year, the amount reported being $37,194,318,000. United States
deposits were decreased from $390,230,000 June 30, 1921, to
$128,887,000.
The liabilities of reporting banks for money borrowed, arising
from the rediscount of notes and bills and bills payable, show decidea
reductions during the year. Notes and bills rediscounted were
reduced from $1,271,684,000 to $435,711,000, and bills payable from
$1,375,591,000 to $635,564,000.
Other liabilities were $933,046,000, and show a reduction of
$371,387,000 during the year.
The resources and liabilities of all reporting banks in each State
and the island possessions, with the estimated population as of
June 30, 1922, and a recapitulation of the aggregate resources and
liabilities of each class of banks are shown in the following statement:
18587°—23
10
Condensed statement, by States, of assets and liabilities of all reporting banks in the United States and island possessions, June, 1922.
[Includes national, State (commercial) banks, loan and trust companies, savings, and private banks.]
Resources (in thousands of dollars).
States and Territories, etc.
Population
(approximate).
Number of
banks.
770,000
448,000
353,000
4,005,000
622,000
1,462,000
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
Loans
and dis-1
counts.
Overdrafts.
141,266
103,158
129,917
1,927,646
v
180,550
416,232
90
40
93
308
19
156
.*
Total Southern States
184,305
111,826
50,925
911,998
192,303
378,622
3,696
2,724
1,979
43,471
5,119
15,976
1,756
257
327
12,066
563
2,176
Due
from
banks.
13,451
7,484
7,461
123,541
23,112
18,508
Lawful
reserve
with
Federal
Reserve
Bank
or other
reserve
agents.
ExChecks
and
changes Cash on Other reother
for
cash
clearing hand. sources.
items. house.
2,727
19,959
414
555
461
11,186
207
3,459
16,282
4,256
2,840
42,201
2,843
2,058
4,810
2,132
1,885
27,816
7,714
20,525
18,082
286
3,325
26,433
1,701
2,225
372,640
231,388
198,321
3,224,654
416,858
879,896
47,702
64,882
52,052
5,323,757
514
7,660,000
1,118
706
1,829,979
72,965
17,145
193,557
129,718
10,930,000
3,530,000
9,000,000
225,000
1,540,000
450,000
1,084
434
1,620
57
247
50
6,595,643
719,535
2,083,383
45,311
336,786
122,502
1,390
105
674
1,357
131
92
3,718,933
623,246
1,759,290
40,449
251,596
56,679
165,272
34,952
128,126
3,279
14,513
17,056
7,570
4,827
32,450
885
2,224
1,192
368,244
66,720
204,073
2,834
42,578
16,475
827,225 470,405 571,012 137,149 391,443 13,254,286
6,237
5,797 25,803
9,827 1,546,811
49,762
266,077 18,164 52,681 76,172 37,629 4,658,719
157
1,437
382
102,107
5,357
3,071
8,589
2,956
46,371
717,675
2,240
5,130
970
7,866
233,283 ;
3,081
25,675,000
3,492
9,903,160
3,749
6,450,193
363,198
49,148
700,924 1,202,658 500,274 642,090 254,280 443,207 20,512,881
340
517
617
942
327
109
169
1,202
880
2,124
356
909
706
72,414
63,953
31,696
29,542
36,516
47,112
31,953
28,631
43,604
118,072
19,737
89,194
14,954
12,754
13,285
7,497
12,370
8,614
6,586
4,174
21,022
36,680
6,279
•8,888
12,703
2,444
1,792
1,747
2,111
3,198
1,299
2,606
1,071
2,674
11,354
1,930
924
2,373
42,549
32,716
43,076
23,267
23,493
37,195
23,206
6,469
54,644
137,529
29,532
42,591
51,160
15,579
6,816
6,543
4,423
31,812
6,065
9,173
27,773
13,347
37,301
5,587
10,691
8,402
3,054
942
1,644
1,455
1,243
1,226
1,780
380
3,127
4,898
1,235
1,272
5,109
2,862
1,391
2 337
1,197
4,047
510
1,095
455
7,111
4,078
2,415
1,966
1,639
9,404
8,230
8,444
3,863
7,507
6,487
6,884
4,000
8,062
22 836
4,'866
10,823
8,517
3,371
1,379
2,465
3,135
4,078
1,157
1,049
3,740
4,685
13,462
1,687
3,163
11,439
553,502
391,822
407,127
269,730
420,582
242,460
244,156
201,197
428,016
1,046,966
220,424
460,502
420,284
9,198
658,253
165,808
35,523
547,427
183,512
27,365
31,103
109,923
54,810
5,306,768
•'
Virginia
West Virginia
North Carolina
South Carolina
G eorgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
'"lessee
Investments.
Banking Other
house,
real
furniestate
ture, and owned.
fixtures.
2,362,000
1,500,000
2,690,000
1,760,000
2,960,000
1,015,000
2,385,000
1,790,000
1,843,000
4,840,000
1,815,000
2,468,000
2,375,000
347
582
454
686
280
356
351
264
1,563
486
601
571
29,803,000
7,050
386,531
261,332
295,273
192,298
295,991
132,686
159,655
123,302
658,632
146,800
290,081
272,407
:. •
" "
i
:
=
CO
00
Ohio
Indiana
Illinois....
"Michigan.
Wisconsin
Minnesota
Iowa
Missouri..
I 5,960,000
3,000,000
6,700,000
3,850,000
2,770,000
2,480,000
2,448,000
3,412,000
1,123
1,094
1,906
745
1,002
1,517
1,772
1,651
1,400,231
534,105
2,040,096
596,144
541,760
685,497
860,490
854,024
902
2,094
515
775
1,413
1,637
1,195
513,199
168,402
662,844
558,731
145,402
186,582
80,944
193,542
61,483
27,003
63,224
40,016
23,024
23,076
28,017
29,005
14,517
4 164
8,284
2,890
2,415
Total Middle Western States 30,620,000
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
O klahoma
t ....i
Total Western States
Washington
Oregon
California
Idaho.
Utah....
Nevada.
Arizona.
Alaska..
Total Pacific States
Hawaii..
Porto Rico
Philippines
15,999
29,754
4,212
6,308
12,258
7,145
4,275
8,074
1,647
15,109
10,810
7,512,347
9,317
2,509,646
294,848
53,671
983,798
572,966
59,028
664,000
652,000
1.319,000
1,806,000
595,000
204,000
964,000
368,000
2,118,000
846
695
1,153
1,364
400
146
381
110
933
171,485
208,337
360,674
354,474
132,843
57,529
181, 111
46,230
276,834
335
1,106
1,395
1,098
393
158
282
83
733
17,323
12,336
36,482
53,919
22,635
7,263
74,944
6,157
61,979
6,960
7,822
13,962
15,035
6,547
2,100
7,532
1,629
12,969
5,163
3,839
3,965
3,427
3,750
502
1,371
812
2,641
5,656
36,357
80,315
74,689
8,618
9,185
29,209
6,112
88, 718
10,326
3,544
12,312
10,786
15,706
2,547
24,978
1,918
19,866
697
554
2,053
2,249
847
438
2,933
437
2,416
8,690,000
6,028
1,789,517
5,583
293,038
74,556
25,470
338, 859
101,983
1 1,420,000
j
818,000
i 3,690,000
454,000
470,000
78,000
365,000
90,000
223, 858
160,106
1,523,512
68,457
87,505
23,078
50,178
3,795
279
221
1,490
147
289
191
63
31
91,641
277
724
198
121
35
80
18
580,757
14,177
20,200
5,179
13,061
2,386
13,539
7,218
71,000
3,583
4,884
1,098
2,928
296
2,638
1,912
7,796
1,782
1,651
152
307
176
28,059
19,964
198,935
11,234
15,302
5,790
11,468
1,126
1,845 I 2,140,489
!
j
!
!
7,385,000
I
265,000
i 1,310,000
! 10,700,000
Total island possessions — 12,275,000
Total United States
140,842
16,788
179,535
101,549
59,810
7,771
6,232
99,349
86,532
327,541
41,433
32,143
104,203
102,914
189,683
46
2,711
786,266
104,546
16,414
31,803 1,183
185
23,980
76,530 41,968
13,658
3,627
2,907
787
693
775
365
63
132,313 43,336
20,192
2,255
! 122,108,000 30,389 27,860,443
1,0
38,240
2,731
75,953
15,076
5,234
5,397
1,504
11,858
46,589
23,752
66,524
27,202
15,961
20,950
21,274
22,107
155,993 244,359
2,339,181
922,486
3,491,527
1,416,774
833,076
1,080,641
1,126,086
1,380,562
194,360 12,590,333
2,904
4,487
12,854
11,823
4,512
2,189
9,178
1,284
9,200
1,733
6,388
7,224
3,296
1,566
699
1,037
445
1,040
222,773
285,673
534,648
533,386
197,631
82,765
335,207
65,231
479,073
12,624
12,898 | 58,431
23,428
2,736,387
32,729
19,424
87,755
3,277
4,572
727
1,447
1,566
1,135
22,678
361
404
183
248
81
4,344
2,645
30,686
315
1,081
69
183
3,808
2,359
37,438
837
1,052
185
128
51
412,336
281,085
2,614,840
106,610
138, 765
38,031
85,720
8,833
291,878 I 149,931
26,656
39,323 I 82,148
6,309
3,246
7,446
29
17,001
29
524
941
320
1,785
191
903
3,412
2,590
214
155
2,632
124
2,677
19,733
51,799
53,174
26,073
2,277
9,362
3,889
28,053
9,875
7,236
52,793
2,440
1,825
1,379
5,709
891
45,8
i
a
o
16,220
1,014 | 4,014
420 ! 4.076
51'
7,779
2,552 j
887 |
30,231;
62,209
38,118
168,69
1,485 j 15,8
33,670 |
269,021
fel
o
74,600 I 12,547,567 1,078,174 198,457 3,073,444 2,340,797 644,014 930,594 ! 829,892 | 847,385 j 50,425,367
o
00
Condensed statement, by States, of assets and liabilities of all reporting banks in the United States and island possessions, June, 1922—Continued.
RECAPITULATION.
Resources (in thousands of dollars).
States and Territories, etc.
Population
(approxi- Nummate).
ber of
National banks
State (commercial) banks.
Mutual savings
Stock savings
Trust companies
Private banks
Grand total.
* Includes acceptances and rediscounts.
Loans
and dis-1
counts.
8,249 11,424,452
18,232 7,934,123
619 3,001,425
1,051,310
1,066
4,342,895
1,550
106,238
673
30,389
27,860,443
Overdrafts.
Investments.
9,198
60,225
1,321
498
2,603
755
4,563,325
2,304,891
3,007,293
325,687
2,311,101
35,270
Banking Other
house,
real
furniestate
ture, and owned.
fixtures.
Due
from
banks.
452,434
328,767
49,084
43,770
198,267
5,852
64,383 1,597,691
72,761 862,051
10,630 171,639
6,837
98,188
38,424 327,886
5,422
15,989
74,600 1 12,547,567 1,078,174
198,457 3,073,444
Lawful
reserve
with
Federal
Reserve
Bank
or other
reserve
agents.
Checks
Exand changes Cash on Other re- Aggregate
other
for
cash clearing hand. sources.
items. house.
1,151,605 128,322 767,096 326,181
581,066 231,013 123,861 309,584
14,264
79 44,883
1,274
18,194
2,392
4,184
28,001
568,036 278,377 37,004 117,079
162
7,632
844
4,164
221,323 20,706,010
256,064 13,064,406
49,756 6,351,648
1,583,922
4,861
312,178 8,533,850
185,531
3,203
2,340,797
847,385
644,014
930,594
829,892
50,425,367
Condensed statement, by States, of assets and liabilities of all reporting banks in the United States and island possessions, June, 1922—Continued.
Liabilities (in thousands of dollars).
States and Territories, etc.
Capital
stock
paid in.
12,210
7,473
Surplus.
Undivided
profits (less National- Due to all
expenses
bank
and taxes circulation. banks.
paid).
Certified
checks
and
cashiers'
checks.
105,185
15,180
35,242
14,728
12,588
10,623
170,209
20,143
44,437
11,523
7,322
6,209
87,983
17,774
31,930
5,564
5,059
4,424
20,003
4,727
12,956
3,163
3,078
1,648
129,304
4,620
10,018
727
490
354
18,266
1,432
4,407
183,216
272,728
162,741
52,733
151,831
,
453,491
66,349
281,798
7,104
37,993
21,614
864,294
75,118
402,537
7,393
44,388
12,450
129,699
28,130
120,693
3,120
17,568
5,629
78,263
16,137
94,144
1,090
9,912
5,694
Total Eastern States........,
868,349
1,406,180
304,839
52,563
29,932
33,862
29,440
47,785
18,045
24,329
17,000
31,687
113,914
23,825
39,446
38,188
35,454
21,082
18,719
14,001
29,078
7,885
14,200
8,693
17,452
52,404
9,573
25,092
22,046
13,062
7,946
8,372
5,763
12,199
3,934
6,678
3,236
7,014
22,207
4,369
7,597
3,369
503,016
275,679
160,363
75,362
233,027
86,559
111,427
34,468
151,597
59,482
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States.
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
•
Total Southern States
Ohio
Indiana
Illinois
Michigan
Individual
deposits.
United
States
deposits.
Notes and
bills rediscounted,
Bills
payable.
Other
liabilities.
731,242
260
278
51
12,208
830
950
1,592
609
792
33,021
1,320
2,372
4,879
1,797
2,852
9,391
325
3,964
17,964
1,184
1,196
53,504
1,572
2,378
25,676
4,319,543
14,577
39,706
23,208
77,798
1,098,720
21,094
284,708
1,302
39,201
8,575
314,114
31,954
390
1,896
2,310
9,859,446
1,299,238
3,275,966
78,611
554,994
170,012
25,518
2,539
19,632
573
1,766
804
53,031
4,296
14,334
264
1,541
1,021
50,087
16,692
74,126
1,041
5,291
3,811
327,623
8,312
58,827
1,219
3,125
1,363
205,240
1,453,600
359,570
15,238,267
50,832
74,487
151,048
400,469
21,069
10,351
8,296
11,172
5,906
10,450
2,960
4,293
44,123
4,245
15,962
12,866
35,722
10,380
21,274
7,306
26,590
15,348
8,252
7,577
42,210
77,863
12,178
24,776
19,107
3,813
2,112
3,964
1,146
1,702
1,676
792
618
2,051
9,337
1,146
2,418
1,060
359,157
292,464
275,631
172,781
253,514
184,955
166,040
148,738
304,519
662,609
147,236
317,991
294,086
2,781
453
432
658
1,178
554
.624
301
340
4,477
279
1,549
451
11,302
4,888
9,855
8,078
14,070
1,034
5,895
2,79$
5,251
19,058
5,682
2,446
4,022
10,996
8,858
18,295
13,820
17,415
1,599
5,848
6,309
6,971
31,492
10,039
10,538
12,192
7,583
3,356
5,427
8,208
5,879
1,524
1,048
2,966
6,228
9,482
1,852
12,687
12,897
105,746
160,222
308,583
31,835
3,579,721
14,077
94,380
154,372
79,137
45,764
16,892
91,630
22,390
46,749
27,467
30,580
12,694
100,502
39,564
373,964
37,308
14,500
3,958
32,882
1,787,646
653,302
2,439,943
1,124,009
6,563
1,207
7,050
3,636
13,967
7,858
22,356
7,998
20,152
11,056
29,043
13,959
31,548
51,352
79,455
40,771
300,030
191,510
162,246
^5?9
Q
O
3
fed
o
d
O
Condensed statement, by States, of assets and liabilities of all reporting banks in the United States and island possessions, June, 1922—Continued.
K)
Liabilities (in thousands of dollars).
•^
States and Territories, etc.
Capital
stock
paid in.
Wisconsin
Minnesota..
Iowa
Missouri..
Total Middle Western States
N orth Dakota
South Dakota
Nebraska
Montana
Wyoming
.., r
Colorado"
New Mexico
Oklahoma
. .
,
Total Western States
Washington..
Oregon
California
Idaho
Utah
Nevada .
Alaska
Total Pacific States
Hawaii
Porto Rico
Total island possessions
Total United States
Surplus.
Certified
checks
and
cashiers'
checks.
Individual
deposits.
United
States
deposits.
Notes and
bills rediscounted.
Bills
payable.
Other
liabilities.
i
59,613
73,506
83,704
115,351
26,087
38,788
43,490
60,048
17,862
18,423
20,376
24,830
15,059
15,505
20,144
18,337
37,756
82,167
46,718
196,856
4,156
11,584
2,472
5,565
641,854
797,943
821,799
892,479
1,659
5,022
1,040
2,700
8,953
26,919
16,060
2,584
14,817
4,838
57,818
22,600
5,260
5,946
12,465
39,212
887,485
525,387
258,167
186,535
914,835
83,085
9,158,975
28,877
106,695
174,283
266,009
18,527
19,195
42,600
46,388
19,710
6 148
21,842
6,135
38,610
7,595
7,373
17,661
25,006
7,412
4,021
13,840
2,598
11,531
982
5,519
13,092
8,869
2,591
1,489
5,071
439
3,453
4,557
4,221
9,608
11,156
4,102
2,381
6,851
2,320
11,790
3,632
16,492
55,773
33,207
5,662
3,796
21,187
2,366
36,999
1,662
2,164
3,070
3,839
1,734
547
4,270
743
9,891
148,769
199,712
371,561
377,085
130,619
60,742
252,370
45,394
340,885
135
483
566
1,145
150
137
706
368
1,344
4,467
8,526
3,776
13,278
21,411
1,801
3,464
3,299
18,483
31,888
20,037
14,262
3,270
3,880
1,672
4,479
1,315
4,524
559
1,951
2,679
10,143
360
31
1,127
254
1,563
219,155
97,037
41,505
56,986
179,114
27,920
1,927,137
5,034
78,505
85,327
18,667
29,477
20,844
165,190
9,425
11,998
3,221
6,460
805
11,734
9,212
80,007
3,559
5711
1,140
2,924
260
4,414
4,482
40,305
981
2,127
602
1,248
250
7,417
6,129
40,774
3,363
3,445
1,211
1,210
44
23,185
14,586
156,436
2,631
9,138
1,974
2,572
248
3,594
3,211
13,580
963
1,080
373
426
46
318,687
212,376
2,036,133
69,919
92,882
28,536
64,927
6,846
1,427
274
11,080
95
51
87
183
244
3,505
3,562
22,502
3,730
2,627
269
2 541
80 i
3,746
3,415
16,134
11,466
2,553
367
'
5,150
2,994
32,699
478
7,153
251
379
10
114,547
54,409
63,593
210,770
23,273
2,830,306
13,441
38,816
40,531
49,114
2,991
1,252
1,608
1,170
844
4,422
439
603
1,534
23,516
258
247
641
46,674
23,549
70,146
1,154
895
87
1,436
1,599
975
821
4,999
2,637
1,790
37,425
247,420
-
Undivided
profits (less National- Due to all
bank
expenses
and taxes circulation. banks.
paid).
-
,
: ,
•
=
'
5,221
5,750
24,338
:
RKO
9
35,309
5,851
6,436
439
25,653
1,146
140,369
2,049
3,122
6,795
41,852
2,943,950
2,697,409
.933,843
725,748
3,244,386
552,505
37,194,318
128,887
435 711
635 564
933,046
RECAPITULATION.
National banks
State (commercial) banksMutual savings banks
Stock savings banks
Trust companies.
Private banks
Grand total..
1,307,216
1,014,248
79,850
532,316
10 320
2,943,950
1,048,806
561,131
468,193
41,180
562,731
492,434
210,536
92,196
18,995
117,513
2,169
725,748
2,697,409
933,843
725,748
2,502,051
387,657
264
1,336
351,547
1,531
450,773 13,264,366
69,803 10,107,597
24 5,779,506
557 1,401,742
31,109 6,495,928
145,179
239
103,374
7,734
3,244,386
552,505 37,194,318
3,736
13,800
242
280,271
111,651
107
61
42,237
1,384
228,481
311,149
647
29,355
61,333
4,599
302,490
282,900
10,710
7,110
325,336
4,500
128,887
435,711
635,564
933,046
Co
144
REPORT OF THE COMPTROLLER OF THE CURRENCY.
SUMMARY OF THE COMBINED RETURNS FROM ALL REPORTING
BANKS IN THE UNITED STATES AND ISLAND POSSESSIONS,
JUNE 30, 1922.
The resources and liabilities of all reporting banks in the United
States and island possessions, June 30, 1922, are shown in the following statement, with classifications of loans and discounts, investments, cash and deposits:
Summary of reports of condition of 80,889 reporting banks in the United States and
island possessions at the close of business June 30, 1922.
[In thousands of dollars.]
RESOURCES.
Loans and discounts (including rediscounts) :
On demand (secured by collateral other than real estate)..
On demand (not secured by collateral)
On time (secured by collateral other than real estate)
On time (not secured by collateral)
Secured by farm land
Secured by other real estate
Not classified
3,100,039
885, 927
3, 534,472
7,051,849
409,916
3,101,093
9, 777,147
Total
27, 860,443
Overdrafts
74, 600
Investments (including premiums on bonds): m
United States Government securities... . \
3,500,167
State, county, and municipal bonds
981,375
Railroad bonds
1,420, 463
Bonds of other public service corporations (including
street and interurban railway bonds)
688,400
Other bonds, stocks, warrants, etc
5,957,162
Total
12, 547,567
Banking house (including furniture and
fixtures)
1,078,174
Other real estate owned
198,457
Due from banks
3,073,444
Lawful reserve with Federal reserve bank or other reserve agents
2, 340, 797v
Checks and other cash items
644,014
Exchanges for clearing house
930,594
Cash on hand:
Gold coin
40, 216
Silver coin
* 52,452
2
Paper currency
462, U2
Nickels and cents
6,496
Not classified
267,786
Total
Other resources
.*
829,892
847,385
,
Total resources
50,425,367
- -
- •
—
LIABILITIES.
Capital stock paid in
Surplus
Undivided profits (less expenses and taxes paid)
National bank circulation
Due to all banks
Certified checks and cashiers' checks
Individual deposits:
Demand deposits—
Individual deposits subject to check
Demand certificates of deposit
Dividends unpaid
2,943, 950
2,697,409
933,843
725,748
3,244,386
552,505
14,334,122
600,257
50,848
EBPORT OF THE COMPTROLLER OF THE CURRENCY.
145
Individual deposits—Continued.
Time deposits—
Savings deposits, or deposits in interest or savings
department
13, 237, 407
Time certificates of deposit
2, 332, 753
Postal savings deposits
43, 668
Deposits not classified
6, 595,263
Total
37,194, 318
United States deposits (exclusive of postal savings)
128,887
Notes and bills rediscounted
435,711
Bills payable (including advances received from War Finance Corporation and certificates of deposit representing money borrowed)
635, 564
Other liabilities
933,046
Total liabilities
50,425,367
1
National bankfiguresinclude nickels and cents.
* National bankfiguresinclude gold certificates and clearing-house certificates.
COMPARISON OF PRINCIPAL ITEMS OF RESOURCES AND
LIABILITIES OF ALL REPORTING BANKS IN THE UNITED
STATES AND ISLAND POSSESSIONS IN JUNE, 1921 AND 1922.
The following statement shows the changes in the principal items
of resources and liabilities of reporting banks, other than national
banks, national banks, and the aggregates for all reporting banks in
the fiscal years 1921 and 1922.
The loans and discounts of all reporting banks were reduced
$1,071,568,000 during the fiscal year, or 3.70 per cent. Cash in
vault and balances due from Federal reserve banks were increased
$138,349,000, or 4.58 per cent. Aggregate deposits were increased
$2,461,297,000, or 6.37 per cent, and total resources were increased
$753,977,000, or 1.52 per cent. The percentage of cash in vault
and due from Federal reserve banks to total deposits for the fiscal
year ended June 30, 1922, was 7.68 per cent, compared with 7:81
per cent for the fiscal year ended June 30, 1921. The number of
reporting banks other than national June 30, 1922, was 518 less
than a year ago, while the number of national banks was increased
by 95. '
Comparative statement of the number of banks reporting, loans, cash in vault,
total deposits, and aggregate resources of all banks in the United States and island
possessions, on dates nearest to June 30, for the years 1921 and 1922.
STATE, SAVINGS, AND PRIVATE BANKS, AND LOAN AND TRUST COMPANIES.
[In thousands of dollars.]
Year.
1922
1921
Number
of
banks.
Loans.
l
22,140
22,658
16,435,991
16,689,209
Decrease
Increase
518
253,218
Per cent of decrease
Per cent of increase
2.29
1.52
Cash in
vault and
due from
Federal
reserve
banks. 2
All deposits.
1,324, 891 24,799,532
1,277,438 23,516,468
47,453
1,283,064
3.71
Percent of "Cash in vault and due from Federal reserve banks" to "All deposits":
1922
f
1921
"
5.46
Aggregate
resources.
29,719,357
29,153,528
565,829
1.94
5.34
5.43
146
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Comparative statement of the number of banks reporting, loans, cash in vault,
total deposits, and aggregate resources of all banks in the United States and island
possessions, on dates nearest to June SO, for the years 1921 and 1922—Continued.
NATIONAL BANKS.
[In thousands of dollars.]
Number
of
banks.
Year.
Loans.
l
8,249 11,424,452
8,154 12,242,802
1922
1921
Decrease
Increase
95
Per cent of decrease
Per cent of increase
*
1.17
818,350
Cash in
vault and
due from
Federal
reserve
banks.*
All deposits.
1,833,452 16,320,564
1,742,556 15,142,331
Aggregate
resources.
20,706,010
20,517,862
90,896
1,178,233
188,148
5.22
7.78
.92
6.68
Per cent of "Cash in vault and due from Federal reserve banks" to "All deposits":
1922
1921
11.23
11.51
TOTAL NATIONAL, STATE, SAVINGS, AND PRIVATE BANKS, AND LOAN AND TRUST
COMPANIES.
30,389
30,812
27,860,443
28,932,011
Decrease.
Increase
423
1,071,568
Per cent of decrease
Per cent of increase
1.37
3.70
1922
1921
. . .
3,158,343
3,019,994
41,120, 096
38,658,799
50,425,367
49,671,390
i§8,349
2,46i, 297
753,977
4.58
6.37
1.52
Per cent of "Cash in vault and due from Federal reserve banks" to "AH deposits":
1922
1921
7.68
7.81
1
1
Acceptances, customers' liability under letters of credit, and rediscounts included.
Includes balances due from Federal reserve banks to State banks and trust companies, members of
Federal Reserve System.
INDIVIDUAL DEPOSITS IN A l l REPORTING BANKS.
Individual deposits in all reporting banks in the United States
and island possessions June 30, 1922, consisting of time and demand
deposits and including postal savings deposits, aggregated $37,194,318,000 and showed an increase of $2,349,746,000 over the amount
reported June 30, 1921.
A classification of these deposits shown by the returns from
State (commercial) banks, stock savings banks, mutual savings banks,
loan and trust companies, private oanks, and national banks, is
shown in the following statement.
REPORT OF THE COMPTROLLER OF THE CTJBRENCY.
147
Individual deposits subject to check show a reduction in the
year of $1,740,003,000; demand certificates of deposit, a reduction
of $94,524,000; dividends unpaid, a reduction of $2,853,000; time
certificates of deposit, an increase of $331,870,000; postal savings
deposits, a reduction of $24,892,000; while savings deposits show
an increase of $95,272,000, and deposits not classified an increase of
$3,784,876,000.
Individual deposits in each class of banks June 80, 1922.
[In thousands of dollars.]
Number
of banks.
State banks
Stock savings banks
Mutual savings banks
Loan and trust companies
Private banks
.
...
Total
National banks . . .
Grand tot^l
State banks
Stock savings banks
Mutual savings banks
Loan and trust companies
Private banks..
.
.
Total
National banks
Grand total
1
. . .
Individual
deposits
Demand Dividends
subject
to cneck certificates
of deposit. unpaid.
without
notice.
18,232
1,066
619
1,550
67a
3,669,927
17,167
41,549
2,053 254
48,121
237,352
495
22,140
8,249
30,389
Savings
deposits.
72,927
14,396
9,744
55
653
5,448
12
2,649,660
439,016
5,686,603
1,382,748
32,733
5,830,018
8,504,104
325,170
275,087
15,912
34,936
10,190,760
13,046,647
14,334,122
600,257
50,848
13,237,407
Time
certificates
of deposit.
Postal
savings
deposits.
Deposits
not
classified.
1,177,442
2,950
117
136,768
20,001
4,367
Total.
6,041
313
2,359,105
942,055
50,584
2,838,742
29,603
10,107,597
1,401,742
5,779,506
6,495,928
145,179
1,337,278
995,475
10,725
32,943
6,220,089
375,174
23,929,952
13,264,366
2,332,753
43,668
6,595,263
37,194,318
Includes approximately $85*353,000 certificates of deposit.
CASH IN AIL REPORTING BANKS.
The cash in the vaults of all reporting banks June 30, 1922,
amounted to $829,892,000, which, with the addition of the cash
holdings of the 12'Federal reserve banks, aggregating $3,148,366,000,
made total cash in all banks $3,978,258,000, an increase over the
amount held June 30, 1921, of $406,233,000.
Of the total cash in vaults of reporting banks June 30, 1922,
$503,711,000 was held by banks other than national and $326,181,000
by national banks.
The following statement shows a classification of cash holdings
on date indicated:
148
REPORT OF THE COMPTROIXER OF THE CURRENCY.
Cash in all banks June SO, 1922.
[In thousands of dollars.!
Classification.
Gold coin
Gold certificates
Silver coin
Silver certificates. .
Legal-tender notes
National-bank notes 5
Federal reserve notes
Nickels and cents
Cash not classified
Total
Cash in Federal reserve banks June 28,1922:
Gold coin and certificates (reserve). .
Legal-tender notes, silver, etc. (reserve)
Grand total
* 8,249
national
banks.
20,438
2 18,364
a 34,885
23,012
24,421
61,015
144,046
326,181
22,140
State, etc.,
banks.
Total,
30,401
banks. 1
6,496
267,786
40,216
18,364
52,447
23,012
24,421
253,104
144,046
6,496
267,786
503,711
829,892
19,778
17,562
< 192,089
3,020,868
127,498
3,978,258
rfftjaaks-iiiehides 12 Federal reserve banks.
* Includes clearing-house certificates.
»Includes
nickels and cents.
4
Includes all paper currency.
*Includes Federal reserve bank notes.
SAVINGS DEPOSITS IN ALL REPORTING BANKS, INCLUDING
POSTAL SAVINGS AND SCHOOL SAVINGS DEPOSITS, JUNE,
1922.
The following statement shows the amount of deposits classified as
savings in the returns of all reporting banks, including the postal
sayings and school savings systems, information with respect to the
latter having been furnished by the savings bank section of the
American Bankers' Association, in each State and the insular
possessions in June, 1922:
Deposits classified as savings, in all reporting banks, including postal savings and school savings deposits, June, 1922,
[In thousands of dollars.]
National
banks.
States, Territories, etc.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island . . .
...
Connecticut
Total New England States
New York
New Jersey
.
Pennsylvania
Delaware
.. ....
Maryland
Washington, D . C
Total Eastern States
Virginia
..
West Virginia
North Carolina
South Carolina
. . .
*.
Florida
. .
Alabama
Mississippi
Louisiana
•
Texas
.
Arkansas
Kentucky
Tennessee
Total Southern States
Ohio
Indiana
.
Illinois
Michiean
. . . .
Wisconsin
Minnesota
Iowa
Missouri
.
Total Middle Western States
56,718
9,054
21,613
141,484
9,917
34,467
273^253
388,715
198,450
522,807
4,849
60,085
21,394
. .
.
...
State (commercial)
banks.
Mutual
savings
banks.
14,030
293
1,457
1,750
23,962
197,223
5,293
55,069
1,196,300
100,636
47,687
34,467
39,746
30,687
36,643
28,935
7,820
10,336
59,690
8,381
26,866
37,600
281,547
42,164
21,889
70,498
36,400
46,001
29,185
23,037
23,042
67,579
2,988
14,459
30,664
469,494
148,408
53,327
157,130
123,421
83,119
80,484
47,551
40,433
407,906
507,257
32,740
614,720
450,155
110,552
56,201
733,873
Stock
savings
banks.
14,030
20,845
2,012
i
13 970
36,827
Postal
Savings
System.
Private
banks.
105,324
123,380
67,878
1,187,039
120,843
418,980
69,325
12,164
49,892
149,504
91,480
64,013
276
527
140
8,371
967
2,260
2,023,444
436,378
12,541
61,342
4,699
11,948
216
237
351
78,793
3,23 1
315 i
40
61
267
824
374
72
392
867
176
373
231
2 791 353
'184,297
302,751
19,031
129,811
3,427,243
293,444
363,527
9,471
53,482
18 400
978
1,494
738,324
2,472
20,947
7,113
28,060
2
68,882
3,435
1,354
3,979
59,787
2,737
10,900
145,114
140,857
8,779
367,107
2
65 537
15,811
1,761
358,328
39,371
1,810,996
Loan and
trust companies.
58.338
20,542
27,092
4,315
4,168
1,024
8,551
3,247
1,375
1,457
412
2,678
22 912
Total
savings
deposits.
School
savings
banks.
5
2
162
101
270
1,319
153
1,580
1
1
3,054
60
fi7
14
15
1
1
86
137
85
466
768
167
216
235
106
188
128
1 816
231,648
159,157
139,523
1,486,853
224,664
519,821
2,761,666
3,242,729
726,828
1,403,342
38,861
298,685
54,115
5,764,560
143,183
90,905
105,019
76,207
76,970
66,653
52,346
30,935
78,393
70,660
23,016
58,040
37,916
910,243
729,573
173,305
780,617
587,598
201,868
209,017
426,961
140,828
3,249,767
Deposits classified as savings, in all reporting banks, including postal savings and school savings deposits, June, 1922—Continued.
[In thousands of dollars.]
National
banks.
States, Territories, etc.
State (commercial)
banks.
Stock
savings
banks.
C71
O
»>
Mutual
savings
banks.
Loan and
trust companies.
School
savings
banks.
Postal
Savings
System.
Private
banks.
Total
savings
deposits.
o
NorthDakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Ofclahorna
. . . .
Total Western States .
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
.
. . .
Total Pacific States
Alaska
TTfvwfiii
^
Porto Rico
Philippines
VirgiiTlslands
- r -- *
Total foreign possessions
Total United States
1
Includes approximately $85,353,000 certificates of deposit.
7,834
7,307
11,063
10,327
13,811
7 428
43,767
2,701
19,577
1,963
6,347
405
708
3
3,063
8,581
3,086
8,050
1,860
20,607
26,272
1,564
78
123 815
41,890
37,530
3,167
60,560
32,993
132,302
7,219
8,051
3,627
4,567
30,219
21,874
2,823
3,250
16,716
5,068
15,458
2,771
73,618
349
90,802
4,142
7,312
1,954
3,109
576
473
289
349
17,184
0. . . . . . . . . . .
v
20
23
373
614
923
205
1,431
39
514
172
2
2
4
180
21
711
732
10,225
14,385
11,608
10,943
29 464
7,633
79,598
6,166
40,702
210,724
115,296
59,644
209,740
11,045
41,047
11,755
4,916
453,443
249,319
77,127
349
14,062
334
259
1,828
13,272
7,424
5,920
1,250
784
28
155
593
28,444
1 250
971
31,258
13,046,647
2,649,660
137,736
13,381,661
21,052
2,946
14,809
7,579
5,920
4
4
439,016
5,686,603
1,382,748
32,733
6,518
8
O
hrj
O
O
o
I
REPORT OF THE COMPTROLLER OF THE CURRENCY.
151
DEVELOPMENT OF BANKING INSTITUTIONS IN THE UNITED
STATES AND ISLAND POSSESSIONS SINCE JUNE 30, 1914.
The remarkable expansion of banking business in the United
States and island possessions since June 30, 1914, a few months
prior to the opening of the 12 Federal reserve banks, to June 30,
1922, is reflected in a compilation of returns with respect to the
condition of all reporting banks on the two dates named.
In the 8-year period referred to the number of reporting institutions has grown from 26,765 to 30,389, and resources have been
increased from $26,971,398,000 to $50,425,367,000.
Loans and discounts were increased from $15,288,357,000 to
$27,860,443,000, and overdrafts from $51,121,000 to $74,600,000 in
this period.
Investments of these banks were increased more than 100 per
cent, or from $5,584,925,000 to $12,547,567,000.
Banking houses, furniture, and fixtures show an increase of
$468,478,000, the amount June 30, 1922, being $1,078,174,000.
Other real estate owned was increased from $129,983,000 to
$198,457,000.
On June 30, 1914, the balances due reporting banks from other
banks and bankers were $2,872,698,000, compared with $5,414,241,000
June 30, 1922, while miscellaneous checks and other cash items,
including exchanges for clearing house, rose from $520,995,000 to
$1,574,608,000 in this period.
By reason of the provision of the Federal reserve act, which
requires national banks and member State banks and trust companies
to maintain lawful reserve with Federal reserve banks against demand
and time deposits, which became effective subsequent to June 30,
1914, the cash in vaults of these banks was decreased from
$1,639,219,000 on that date to $829,892,000 June 30, 1922. «•
Other miscellaneous assets were $274,404,000 in 1914, compared
with: $847,385,000 in 1922.
Capital stock of $2,943,950,000 was $811,876,000 in excess of the
amount in 1914, fand surplus funds amounting to $2,697,409,000
show an increase of $982,923,000 over the 1914 returns. Undivided
profits in this period were increased from $562,032,000 to $933,843,000.
Balances on the books of reporting banks to the credit of correspondent banks and bankers June 30, 1914, amounted to $2,705,076,000,
compared with $3,244,386,000 June 30, 1922, and the liability for
certified checks and cashiers' checks outstanding was increased
from $270,500,000 to $552,505,000 between the two dates. Individual deposits show an increase in this period of m&re than 100
per cent, the amount June 30, 1922, being $37,194,318,000, an
increase of $18,876,707,000.
National bank circulation was increased from $722,555,000 to
$725,748,000, while United States deposits increased from
$66,655,000 to $128,887,000.
The liabilities for notes and bills rediscounted and bills payable
were increased from $38,130,000 to $435,711,000, and from
$194,431,000 to $635,564,000, respectively, in this period.
Other liabilities were increased $685,198,000 and amounted to
$933,046,000.
152
REPORT OF THE COMPTROLLER OF THE CURRENCY.
The percentage of loans and discounts of all reporting banks June
30, 1914, to total deposits was 71.58, compared with 67.75 per cent
June 30, 1922.
RESOURCES AND LIABILITIES OF ALL REPORTING BANKS,
1917-1922.
The principal items of resources and liabilities of all banks, other
than Federal reserve banks, for the six years 1917 to 1922 are shown
in the following statement:
[In thousands of dollars.]
Classification.
1917 (27,923 1918 (28,880 1919 (29,123 1920 (30,139 1921 (30,812 1922 (30,389
banks).
banks).
banks).
banks).
banks).
banks).
RESOURCES.
Loans and discounts
(includ20,594,228 22,514,602 25,255,171 31,208,142 28,932,011
ing rediscounts) a
94,293
47,199
109,186
60,335
81,849
Overdrafts
Bonds, stocks, and other
8,003,820 9,741,653 12,229,528 11,387,525 11,381,923
securities
Due from other banks and
4,793,167 5,136,604 5,865,414 5,833,241 4,794,205
bankers
936,707 1,000,976 1,147,521
862,967
909,183
Real estate, furniture, etc. 2 8
758,692
683,078 1,420,809 1,457,778 1,290,667
Checks and other cash items -.
946,567
997,353 1,076,378
1,502,502
896,571
Cash on hand
81R,172 1,005,882 1,096,647
564,188
784,413
Other resources
37,126,763 40,726,439 47,615,447 53,079,108 49,671,390
Total
27,860,443
74,600
12,547,567
5,414,241
1,276,631
1,574,608
829,892
847,385
50,425,367
LIABILITIES.
2,274,200 2,351,588 2,437,365 2,702,639 2,903,961
Capital stock paid in
1,945,544 2,034,764 2,181,994 2,410,346 2,542,032
Surplus fund
976,261
674,191
825,889
684,260
910,743
Other undivided profits
688,178
677,162
681,631
660,431
704,147
Circulation (nationalbanks)..
Certified checks and cashiers'
514,862
614,583
546,345
207,907
checks
333,181
26,062,986 27,748 471 32,665,286 37,315,123 34,844,572
Individual deposits
566,793
132,965
1,037,787
175,788
United States deposits
390,230
Due to other banks and
3,913,944 3,595,062 3,890,487
!,302
2,809,414
bankers
1,129,321 2,384,969 3,824,126
Other liabilities
3,951,708
Total
37,126,763 40,726,439 47,615,447 53,079,108 49,671,390
2,943,950
2,697,409
933,843
725,748
552,505
37,194,318
128,887
3,244,386
2,004,321
50,425,367
1
Includes acceptances reported by national banks.
* Includes real estate owned other than banking house.
* Includes exchanges for clearing house.
NATIONAL BANKS, FEDEEAL RESERVE AND STATE (COMMERCIAL), LOAN AND TRUST COMPANIES, SAVINGS AND
PRIVATE BANKS.
In the fiscal year ended June 30, 1922, the aggregate resources of
all reporting banks, including the twelve Federal reserve banks, show
a gain of $416,784,000 over the returns for June 30, 1921. Loans
and discounts show a reduction of $2,251,570,000 during the year, the
aggregate for June 30, 1922, being $28,483,604,000.
The investments of these banks were increased during the year
$1,464,919,000, and amounted to $13,104,174,000. Cash on hand,
amounting to $3,978,258,000, shows an increase over 1921 of
$406,233,000.
Capital stock was increased during the year from $3,006,145,000 to
$3,049,028,000; surplus funds show an increase of $168,739,000 and
undivided profits a reduction of $15,529,000. The latter reduction,
however, is largely accounted for by reason of the fact that the item
of reserve for Government franchise tax, in the Federal Reserve
BEPORT OF THE COMPTROLLER OF THE CURRENCY.
153
Board statement of condition of the twelve Federal reserve banks
for the latter part of June, was reduced between 1921 and 1922 from
$40,910,000 to $2,281,000.
The items of resources and liabilities of reporting banks, and the
12 Federal reserve banks, are shown in the following statement with
the aggregate for all banks as of June, 1922:
Statement of the principal items of resources and liabilities of 30,401 reporting banks,
including the Federal reserve banks, in the United States and island possessions,
June, 1922.
[In thousands of dollars.]
30,389 report- 12 Federal reing banks, serve banks, Total, 30,401
banks.
June 30,1922. June 28,1922.
RESOURCES.
Loans and discounts, including rediscounts
Overdrafts
Investments
Banking house (including furniture and fixtures)
Other real estate owned
Due from banks
Lawful reserve with Federal reserve bank or other reserve
agents
Checks and other cash items
Exchanges for clearing house
Cash on hand
Other resources
Total resources.
127,860,443
74,600
12,547,567
1,078,174
198,457
3,073,444
2,340,797
644,014
930,594
829,892
847,385
50,425,367
.623,161
3 511,571
28,483,604
74,600
13,104,174
1,119,742
198,457
3,585,015
3,148,366
23,575
4,904,848
2,340,797
644,014
930,594
3,978,258
870,960
55,330,215
556,607
41,568
LIAFILITIES.
Capital stock paid in
Surplus
Undivided profits (less expenses and taxes paid)
,
National bank circulation *.
Federal reserve note circulation
Due to all banks
Certified checks and cashiers' checks
Individual deposits
United States deposits (exclusive of postal savings)
Notes and bills rediseounted
Bills payable (including all obligations representing moneyborrowed)
Other liabilities
Total liabilities.
1
3
8
4
2,943,950
2,697,409
933,843
725,748
3,24.4,386
552,505
37,194,318
128,887
435,711
635,564
933,046
50,425,367
105,078
215,398
3 2,281
2,191,681
* 2,295,513
30,297
43,780
20,820
4,904,848
3,049,028
2,912,807
936,124
725,748
2,191,681
5,539,899
552,505
37,224,615
172,667
435,711
635,564
953,866
55,330,215
Includes acceptances of national banks.
Uncollected items.
Represents reserve for Government franchise tax.
Due to members, reserve account, and deferred availability items.
BUILDING AND LOAN ASSOCIATIONS.
"The notable feature of the continued development of building
and loan associations last year was the large increase in membership—
the greatest ever recorded in a single year," states Secretary H. F.
Cellarius, of the United States League of Local Building and Loan
Associations in the annual report of the proceedings of the thirtieth
annual convention of these institutions. Mr Cellarius further states
that—
Ei^ht hundred and forty-seven thousand new members were enrolled in the 9,255
associations actually engaged in business in the United States last year, an increase
of over 17 per cent; the total members now number 5,809,888. The resources of
these associations are $2,890,764,621, or net increase for the year of $370,849,650, or
nearly 15 per cent. These results clearly show that the true value of building and
loan associations and the real benefits which they confer on their respective communities in encouraging saving and home owning are being recognized and appreciated by the public to a fuller extent than ever before.
18587°—23
11
154
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Building and loan associations are the only financial institutions which, loan
practically all their funds available for investment on mortgage security to those
desiring to either build or buy homes. The housing shortage, which became acute
^during the war, has not yet been relieved to any great extent, although building
associations have been drawn upon to the fullest for loans for these purposes. Unfortunately the unemployment resulting from industrial conditions last year caused a
greater volume of withdrawals than ordinary, and this reduced the amount applicable
for mortgage loans. During 1920 the building associations loaned $770,000,000 for
home buying or home owning purposes, but last year only about $693,000,000 of
their funds could be thus invested. As unemployment decreases and the wage
earners are again able to save, building associations will be able to correspondingly
increase the making of mortgage loans. The current year is showing a substantial
improvement in this regard, but it is, in part only, taking care of the pronounced
increases in dwelling-house construction now under way.
The more important increases in assets of the several States for 1921 are as follows:
Pennsylvania, $71,884,501; Ohio, $62,905,954; New Jersey, $46,106,480; Illinois,
$37,360,342; Massachusetts, $22,152,397; New York, $15,490,292; Indiana, $11,874,043;
Oklahoma, $10,757,888; Louisiana, $9,728,387; Wisconsin, $9,358,858; Missouri,
$8,905,362; California, $8,645,254; Kansas, $7,720,132; Nebraska, $6,131,676; and
Kentucky, $5,000,000.
The average amount due each member is $497.56, as against $507.75, the amount
shown last year.
STATISTICS FOB 1921-22.
The following table shows, by States, the number of associations,
total membership, and total assets for States in which accurate
statistics are compiled by State supervisors:
States.
Pennsylvania
Ohio
New Jersey
Massachusetts
Illinois
New York
Indiana
Nebraska
Maryland
California
Louisiana
.Michigan l
Wisconsin
Missouri
Kansas
Kentucky
Oklahoma
District of Columbia
North Carolina *
Washington
Iowa1
Arkansas.
Minnesota *
Utah
West Virginia
Colorado
Maine
Connecticut
Rhode Island
South Carolina
Oregon
New Hampshire
Texas 1
Montana
North Dakota
South Dakota
Delaware l
Tennessee
New Mexico
Arizona
Vermont
Other States1
Total
1
Estimated.
Number
Total
of associ- membership.
ations.
2,997
787
986
206
709
280
364
76
777
96
67
78
105
190
110
117
73
24
219
48
70
54
75
16
44
42
39
32
8
139
12
25
40
21
13
16
24
11
13
4
8
240
1,193,372
1,152,121
536,391
308,791
348,000
279,749
245,983
133,782
161,045
54,102
90,000
106,250
105,000
94,882
103,575
95,000
66,684
48,569
65,000
59,459
52,800
28,225
26,000
24,570
30,000
22,000
18,200
25,000
9,255
5,809,888
18,315
18,626
14,458
12,420
17,000
8,100
6,515
8,000
5,800
4,700
3,500
1,601
197,905
Total assets.
Increase
Increase in in
membership.
$546,884,501
525,696,242
285,014,487
196,195,049
174,360,342
131,270,091
121,595,380
84,071,013
80,522,440
56,496,548
55,911,962
54,306,848
53,000,000
49,768,530
46,820,132
40,000,000
39,348,311
33,261,000
29,500,000
23,950,160
19,000,000
17,997,261
12,400,000
12,284,112
11,644,805
10,986,445
10,176,958
9,383,012
9,275,587
6,975,583
6,816,954
5,255,668
4,464,056
4,050,000
4,041,443
4,006,312
3,945,522
3,500,000
1,937,744
1,315,782
658,360
102,675,981
$71,884,501
62,905,954
46,106,480
22,152,397
37,360,342
15,490,292
11,874,043
6,131,676
230,544
141,970
109,742
9,447,055
102
17,35C
2,890,764,621
370,849,650
. 846,96*
(3)
8,645,254
9,728,387
3,330,053
9,358,858
8,905,362
7,720,132
5,000,000
10,757,888
3,135,875
3,500,000
3,774,997
1,345,610
110,473
1,045,507
(3)
944/805
927,998
2,285,730
1,148,631
1,198,131
1,616,497
555,139
1,212,165
382,514
384,648
<*>
«Included in "Other States."
193,372
178,953
110,127
12,380
79,000
30,575
33,683
14,651
(3)
11,682
10,000
6,485
18,000
23,388
21,075
20,000
20,341
3,044
7,000
4,105
3,800
225
2,096
(2)
2,300
652
6,385
3,718
2,395
1,015
3,391
3,060
'844
775
(*)
600
40C
REPORT OF THE COMPTROLLER OF THE CURRENCY.
155
The secretary also says that—
Attention should be called to a class of associations that have been promoted in
the West and Southwest which are claiming to do business in a manner similar to
building and loan associations. Their promotors promise to make loans to members
at 3 or 4 per cent, and at the same time hold out the hope of a dividend return of from
10 to 12 per cent to their investing members. These companies are not building and
loan associations and are not organized as such, but they are seeking to capitalize on
their good name. The public should be warned against them. They- are organized
on fundamentally unsound principles, and it is only a question of time until they will
come to grief. A number of State departments supervising building and loan associations have already given attention to these promotions and where State laws permitted have put them out of business. In some States, however, additional legislation will be required to properly protect the public.
UNITED STATES POSTAL SAVINGS SYSTEM.
Through the courtesy of the Third Assistant Postmaster General,
Post Office Department, under whose supervision the Postal Savings
System is operated, this bureau is enabled to present the following
information, showing the resources and liabilities of the postal
savings on June 30, 1922, and June 30, 1921, together with the
increase or decrease in the various items entering into the service
during the period covered by the report, as well as related data.
A comparison of .the report for tne years 1921 and 1922 shows a
decrease of $13,973,263.76 in the resources and liabilities for the last
fiscal year, or a reduction of 8.7.6 per cent.
There was a decrease in each of the following funds in the amounts
shown: Working cash deposited with banks and postmasters,
$4,522,240; special funds deposited with the Treasurer oi the United
States on account of returnable deposits fund and bond investment
fund, $89,674.16; accounts receivable, being accrued interest on
bond investments and amounts due from late postmasters, including
credits temporarily withheld, $151,390.78; investments, carried at
cost price, in United States 4J per cent third and fourtH Liberty
loan bonds, $13,082,357.14, or a total gross decrease of $17,845,662.08.
The funds in which there were increases are as follows: Special
reserve fund, $3,063,177.30; accounts receivable, being amounts due
from discontinued depositary banks, $1.02; investments, carried at
cost prices, in 2\ per cent postal savings certificates, $809,220,
making a total gross increase of $3,8?2,398.32, or, as stated, a net
decrease of $13,973,263.76.
There was, incidentally, a corresponding decrease of $13,973,263.76,
in the liabilities, or a reduction of 8.76 per cent. There was a decrease of $14,653,464 in the amount due depositors on account of
outstanding principal, represented by certificates of deposit, while
the decrease of surplus funds, being the interest and profits (undistributed earnings) subject to future allocation of maturing interest
charges, was $3,141,738.32, or a gross decrease of $17,795,202.32.
There were increased liabilities on account of interest payable on
certificates of deposit and outstanding savings stamps amounting
to $76,088.28, while the accounts payable showed an increase represented by interest and profits due postal service in the sum of
$3,745,850.28, making a total increase of $3,821,938.56, hence a net
decrease of $13,973,263.76.
156
REPORT OF THE COMPTROLLER OF THE CURRENCY.
There was a decrease in the interest-bearing resources of
$4,489,641.38 on account of a reduction in the working cash in depository banks, and $12,273,137.14 because of a reduction in investments, carried at cost, or a total decrease of $16,762,778.52. There
was a corresponding decrease in the liabilities, $14,653,464 of which
being represented by the outstanding principal due depositors,
while the difference between the excess of resources in 1921 and the
excess of liabilities for 1922 amounted to $2,109,314.52, or a total
decrease of $16,762,778.52.
The interest and profits for the fiscal year ended June 30, 1922,
show a very gratifying increase. While there was a decrease of
$935,239.22 on account of interest on bank deposits, the interest on
bond investments increased $1,296,815.53, miscellaneous receipts
$316.19, and profits realized on sale of investments $389,550.30,
total gross increase of $1,686,682.02, or an apparent net increase of
$751,442.80. There was, however, an increase in the debits of
$32,573.98 on account of interest credited to depositors, and allowances to postmasters because of losses by fire, burglary, etc., erroneous
payments, uncollectible items, etc., and miscellaneous losses amounting to $1,009.70, making a total increase of $33,583.68, or a gross
profit of $717,859.12.
The following comparative tables show in detail the various items
entering into the operation of the Postal Savings System, together
with the changes that have occurred during the last fiscal year.
Balance sheet showing comparatively the resources and liabilities of Postal Savings on June SO, 1922, and June 80, 1921, the increase or decrease in each
item during the period reported, and related data.
June 30,1922.
Items.
Working cash:
Depository banks..
Postmasters
June 30,1921.
Increase.
RESOURCES.
$43,989,257.90
77,460.38
Special funds:
Treasurer of the United States—Reserve fund
Treasurer of the United States—Returnable deposits fund...
Treasurer of the United States—Bond investment fund
Accounts receivable:
Accrued interest on bond investments
Due from discontinued depository banks
Due from late postmasters, including credits temporarily withheld
Investments, carried at cost price (U.S. bonds):
Postal Savings 2£'s
First Liberty 4| - s
Second Liberty 4fs
Third Liberty 4Vs
Fourth Liberty 4^'s
Par value.
$8,278,800
375,000
15,237,000
4,000,000
77,676,750
7,047,167.74
7,006.24
100.85
$44,066,718.28
7,054,274.83
922,441.84
2.57
101,755.68
8,278,800.00
323,925.82
13,338,829.12
3? 840,142.86
67,613,969. 68
105,567,550
$48,478,899.28
110,059.00
3.983,990.44
67,094.21
29,687.04
$3,063,177.30
4,080,771.69
1,071,701.59
1.55
1,024,200.09 !
93,395,667.48
$4,489,641.38
32,598.62
4,522,240.00
$48,588,958.28
1.02
103,886.71
149,259.75
2,131.03
151,389.76
1,175,589.85
9,600,357.14
3,482,000.00
12,273,137.14
105,668,804.62
159,514,124. 44
13,973,263.76
H3
LIABILITIES.
Due depositors:
Outstanding principal, represented by certificates of deposit
Interest payable on certificates of deposit
Outstanding savings stamps
Accounts payable:
Due Postal Service—Interest and profits
Surplus funds:
Interest and profits (undistributed earnings) subject to future
allocation of maturing interest charges
o
809,220.00
7,469,580.00
323,925.82
13,338,829.12
13,440,500.00
71,095,969.68
145,540,860.68
60,087.97
29,586.19
2,973,503.14
137,736,439.00
2,632,024. 73
61,704.20
140,430.167.93
3,981,217.32
1,129,475. 43
145,540,860.68
152,389,903.00
2,561,420.15
56,220. 50
155,007,543.65
235,367.04
70,604.58
5,483.70
14,653,464.00
w
14,577,375.72
3,745,850.28
4,271,213.75
3,141,738.32
159,514,124.44 |
13,973,263.76
o
ox
Statement of interest-earning resources and liabilities June SO, 1922, compared with June SO, 1921.
00
June 30,1922.
Items.
1
June 30,1921.
Increase.
Decrease.
KESOURCES.
Working cash:
Depository banks
Investments carried at cost price
$43,989,257.90
93,395,667.48
$137,384,925.38
$48,478,899.28
105,668,804.62
$154,147,703.90
$4,489,641.38
12,273,137.14
16,762*778.52
152,389,903.00
14,653,464.00
LIABILITIES.
Due depositors:
Outstanding principal, represented by certificates of deposit
Excess of resources
Excess of liabilities
..
Statement
137,736,439.00
2,109,314.52
j
Credits:
Interest on bank deposits
Interest on bond investments
Miscellaneous receipts
Profit realized on sale of investments
Debits:
Interest credited to depositors
Allowances to postmasters:
Losses by fire, burglary, etc
Erroneous payments, uncollectible items, etc.
Miscellaneous losses
Gross profit..
Fiscal year 1922.
$1,136,622.79
4,698,304.58
604.71
389,550.30
Fiscal year 1921.
$2,071,862.01
3,401,489.05
288.52
$6,225,082.38
$5,473,639.58
Increase.
$1,296,815. 53
316.19
389,550. 30
751,442. 80
2,267,579.16
2,235,005.18
32,573.98
1,738.40
270.00
15.82
747.02
266.40
1.10
991.38
3.60
14.72
33,583.68
2,269,603.38
3,955,479.00
O
2,236,019. 70
3,237,619.88 |
ffl
fed
b
of interest and profits for fiscal year ending June SO, 1922, compared with fiscal year ending June SO, 1921.
Items.
H
H
1,757,800. 90
351,513.62
....
o
717,859.12
Decrease.
$935,239.22
I
s
fed
a
Summary of postal savings business for the fiscal year ended June SO, 1922, by States.
Saving stamps.
Balance to
the credit of
depositors
June 30,1921.
Deposits.
United States.
$152,389,903
$98,137,620
Alabama
Alaska
Arizona
Arkansas
California
Colorado
,
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
,
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
,
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
,
Oregon
481,659
685,131
579,229
201,265
3,558,471
1,712,562
2,743,999
318,870
291,624
733,687
283,775
93,760
2,789,133
783,469
1,359,399
129,447
290,910
879,264
306,588
51,384
689,619
4,816,338
487,128
297,170
280,858
238,558
253,760
182,290
200,115
7,474,389
2,257,884
910,776
172,973
28,999
432,537
9,544,875
1,426,551
391,567
753,714
444,095
451,569
322,677
303,879
6,959,732
4,393,041
1,935,128
101,633
1
30,055
1,678,582
900,893
353,142
557,762
5,603,629
72,028
66,607,073
44,106
20,627
5,506,038
311,709
2,146,794
189,951
282,255
3,124,122
25,851
45,006,225
31,755
20,173
2,029,630
584,622
1,381,147
Withdrawals. 1
Increase in
Balance to
the credit of
balance to
depositors the credit of2
June 30,1922. depositors.
$112,791,084 $137,736,439 -$14,653,464
399,456
634,967
513,541
119,264
1,064,490
1,843,682
232,257
353,.831
965,650
212,687
52,358
546,468
5,809,766
890,017
276,429
420,678
309,J60
313,054
228,772
266,753
6,062,709
3,403, 565
1,173,203
59,841
2,023,910
658,250
273,917
254,335
313,244
4,029,180
58,370
50,271,506
36,227
20,410
3,368,113
382,472
1,573,921
373,827
783,851
349,463
175,761
3,109,106
1,431,541
2,259,716
216,060
351,075
824,390
266,874
28,025
575,688
8,551,447
1,023,662
412,308
613, 894
372,893
392,275
276,195
237,241
8,371, 412
3,247,360
1,457.510
71,847
2,678,060
922,729
373,045
288, 758
526,773
4,698,571
39,509
61,341,792
39,634
20,390
4,167, 555
1,954,020
-107,832
98,720
-229,766
-25,504
-449,365
-281,021
-102, 810
-62,921
93,901
-974
143,151
-993,428
-402,889
20,741
-139,820
-71,202
-59,294
-66,638
1,411,680
-1,145,681
-477,618
-29,786
-345,328
21,836
-17,951
-64,384
-905,058
-32,519
-5,265,281
-4,472
-237
202,150
-192,774
Sold.
Amount at
interest in
banks
June 30, 1922,
Reincluding
outdeemed. standing items.
$73,671.70
$68,188
$44,160,416.74
44.40
38
14.10
17.20
518.80
185.30
1,643.40
45.80
161.70
85.30
34.30
1.80
31.80
1,593.30
153.70
41.50
72.10
56.40
7.50
124.70
62.80
4,262.80
213.50
162.30
23.60
255.60
28.30
70.30
3.10
368.10
6,525.80
4.80
38,002.90
11.00
5.80
432.20
44.70
34.50
14
13
511
159
1,344
51
142
82
33
96,698.68
535,536.23
138,385.53
80,662.18
808,583.96
309,357.61
512,752.16
73,428.49
709,438.10
293,826.38
174,405.90
11,599.14
403,680.98
2,058,201.00
295,679.31
181,940.70
178,598.76
111, 948.99
121,321. 56
60,999.96
68,190.22
4,090,474.92
548,029.48
322,132.40
46,766.64
807,029.15
375,517.14
119,041.53
81,670.49
142,034.87
947,881.65
16,055.66
19,592,047.87
14,482.11
13,928.47
961,218.27
331,160.14
541,324.78
28
1,311
127
62
46
50
58
3,881
223
133
12
204
19
53
5
335
5,263
3
35,240
51
35 j
Interest
received
from banks.
Interest paid
depositors.
$1,136,622.79
$2,196,974.58
2,056.41
12., 820.85
5,808.37
2,020.69
22,877.54
12,421.77
8,490.86
1,054.73
7,976.25
8,682.01
3,332.77
251.17
8,832.95
59,569.94
7,634.36
4,671.54
5,863.86
2,537.19
3,544.04
1,800.13
1,362.17
92,888. 85
23,018.26
8,784.96
1,359.06
20,394.96
7,532. 55
3,433.89
1,717. 89
3,933.69
23,707.25
603.18
499,093.65
339.67
319.26
26,836.98
5,039.45
15,905.80
Amount
of
deposits
surrendered for
bonds.
$112,200
6,605. 08
7,618.73
8,502. 89
3,346.18
53,512.91
28,081.28
41,176.50
4,407. 22
6,731.98
10,516. 81
2,403.63
264.08
5,146.61
155,381.84
23,511.56
6,477. 81
13,663.64
7,398.58
6,465. 57
5,199.40
4,582.18
78,484.48
70,453. 83
35,227.01
1,791.90
47,201.62
15,237.90
6,350.39
5,638.62
8,722.52
82,696.61
859.01
890,092.20
*25,*706
811.13
178.80
91,925.24
4,795.45
32,823.50
24,140
500
1,540
2,080
500
100
2,560
1,500
580
500
700
2,000
3,100
3,700
2,000
6,800
7,060
7,500
520
Summary of postal savings business for thefiscalyear ended June SO, 1922, by States—Continued.
Saving stamps.
States.
Pennsylvania
Porto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia..
Virgin Islands
Washington
West Virginia
Wisconsin
Wyoming
Balance to
the credit of
depositors
June 30,1921.
15,570,044
168,089
1,131,285
47,881
33,590
282,238
867,744
548,654
91,180
476,080
2,416
5,740,472
435,914
1,967,666
219,537
Deposits.
1
6,202,170
217,936
715,541
72,056
10,357
142,692
752,791
360,251
119,678
268,010
5,654.
7,068,491
254,159
573,138
188,142
Withdrawals. 1
9,824,375
231,176
879,975
59,364
20,399
194,130
753,450
435,402
71,241
421,474
4,450
5,496,665
374,706
1,166,091
202,635
Balance to
Increase in
the credit of balance to
depositors the credit of2
June 30,1922. depositors.
11,947, 839
154,849
966,851
60,573
23,548
230,800
867,085
473,503
139,617
322,616
3,620
7,312,298
315,367
1,374, 713
205,044
-3,622,205
-13,240
-164,434
12,692
-10,042
-51,438
-659
-75,151
48,437
-153,464
1,204
1,571, 826
-120, 547
-592, 953
—14, 493
1
These totals include the amount of $1,629,874 transferred between depository offices.
* A minus (—) sign denotes decrease.
t
s ld
° - , deeded.
Amount at
interest in
banks
June 30, 1922,
including outstanding items.
Interest
received
from banks.
3,714. 40
11,411.10
2,545. 80
24.00
3.60
84.50
76.70
18.70
45.40
228,40
3,601
11,829
2,136
19
4
76
80
4
22
244
2,119,857.66
121,478.68
235,107.15
32,890.50
10.711.86
57,522.16
375,633.51
77,524.38
112,103.07
131,358.88
70,194.28
2,957.71
4,354.12
565.44
313.9G
1,870.69
8,961.83
2,523.30
2,296.02
3,967.16
110.40
17.30
32. 70
13.50
87
16
39
9
4,213,997. 33
53,035.33
359,633. 22
83,531.60
109,048.41
2,669.67
6,164. 52
2,216.64
Interest paid
depositors.
244,075.19
1,223.85
16,341.74
782.92
663.54
4,477.55
12,960.22
8,018. 51
1,105. 82
8,358.63
15.78
79,983.65
6,249. 51
35,231.40
3,201.58
Amount
of
deposits
surrendered for
bonds.
11,780
1,000
4,840
1,500
S
o
W
O
O
1
o
.a
d
o
REPORT OF THE COMPTROLLER OF THE CURRENCY.
161
SCHOOL SAVINGS BANKS.
In 1885 Prof. J. H. Thiry introduced the school savings system in
this country, Long Island City, N. Y., being the location of his initial
efforts. His interest in the work was continued until his death in
1911 and thereafter was carried on by Mrs. Sarah S. Oberholtzer, of
Philadelphia, until taken up by the savings bank division of the
American Bankers' Association.
In 1910, according to Mr. Thiry's last report, there were in operation
school savings banks in 530 schoolhouses, with 16,488 depositing
pupils having $721,732.18 to their credit.
^Notable development of the system is evident from the data appearing in the third annual report, 1921-22, of the American Bankers'
Association.
It appears that school savings banks have been established in about
5,000 school buildings in towns and cities throughout the country.
The enrollment in these schools aggregated 2,206,132 and the number
of participants (depositors) 1,295,607, or 60 per cent of the enrollment. Deposits during the last year exceeded five and one-half
millions of dollars and the balance due on June 30, 1922, was
$6,518,171, with interest credited to the amount of $145,554,
Development of the activities of the school savings system from 191920 to 1921-22 is shown in the following table.:
Year.
1919-20
1920-21
1921-22
Participants.
Bank
balances.
462,651
802,906
1,295,607
$3,891,495
4,434,875
6,518,171
In lieu of a staff of officers—tellers, bookkeepers, and cashiershaving charge of the work, there has been installed in some city schools
a metal mechanical device, on the order of the cash register, in which
there are slots for the reception of each denomination of coins. As a
coin is dropped in, there is an automatic release of an adhesive stamp
representing the value of the coin. The pupil affixes the stamp to a
folder which is retained by him, until his credits on the folder equal $1.
In the meantime arrangements have been made with a local savings
or commercial bank to collect daily, or as often as may be deemed
advisable, the contents of the receptacle, which are credited on the
books of the bank to the particular school or mechanical device
whence taken until the pupil presents his folder with the dollar
credit, when a personal account is opened with him. It is claimed
that the necessary safeguards are provided for the receptacles and
their use.
The following table compiled from information furnished by the
savings bank division of the American Bankers' Association, shows
the activities in connection with the school savings banking in the
several States:
School savings banking, for the school year of 1921 and 1922.
OS
to
[Compiled by savings bank division, American Bankers' Association.]
Changes during year.
Number.
State.
Maine
New Hampshire..
Vermont
Massachusetts
Rhode Island
Connecticut
School
Towns. buildings,
16
Total New England States..
New York
New Jersey
Pennsylvarfia
Delaware
Maryland
District of Columbia.
Total Eastern States..
105
20
44
3
470
3,521
15,309
750
159,399
294
87,456
831
206,435
~481
148
637
6
1
33
1,306
Ohio
Indiana
Illinois
Michigan..
Wisconsin.
Minnesota.
Participating.
Collections.
Interest.
$2,951.34
9,313.29
3,300.00
295,648.59
$31.51
190,143.94
124,628
311,376
95,323
287,301
558
1,670
16,96.2
1,185
7,638
531
69,191
Withdrawals. | June 30,1921.
0)
June 30, 1922.
161,608.40
31.14
$3,306.60
2,378.70
197,472.35
9,358.91
37,955.96
501,357.16
3,869.28
487,960.98
250,472.52
269,853.98
218,635
48,833
198,186
113
646
8,257
720,777.01
245,408.24
1,343,501.10
857.00
12,531.76
9,006.31
31,988.98
5,104.75
18,918.33
138.00
526,455.72
292,922.50
657,156.43
1,385.56
11,631.76
17,785.58
1,092,874.37
195,153.91
874,924.83
1,749.56
1,319,184.64
152,744.40
1,580,187.83
1,359.00
900.00
713,190
474,670
2,332,081.42
56,150.06
1,507,337.55
2,173,481.94
3,054,375.87
54,582
28,312
16,417
7,593
434
761
5,392
44,330
3,513
10,038
40,662
23,500
28,816
16,293
12,118
4,183
131
380
2,191
28,922
1,898.25
99.50
60,128.92
66,561.41
13,633.10
15,507.88
1,038.19
259.20
739.91
105,372.29
33,674.37
14.81
15,844.52
390.28
687.22
5,131.03
11,324.73
888.87
6,912.78
78,922.80
35,426.78
53,562.55
4,078.38
33,092
19,992
110,040.41
96,057.89
13,287.26
19,901.35
1,428.47
687.22
3,869.31
82,494.93
1,265.92
6,912.78
106,950.11
70,654.16
494
235,534
146,746
513,549.81
3,239. 76
460
115
129
254
124
195
235,221
122,559
78,074
77,713
57,223
102,280
148,049
35,960
56,491
49,266
41,784
82,215
712,417.76
140,182.96
202,629.78
171,991.50
123,139.42
255,577.44
7,748.56
1,003.81
792.13
2,439.49
373.45
24,421.99
230.60
12.30
101,136.12
8,779.27
11,220.45
S
3
$5,098.85
2,010.61
$10,609.28
5,678.70
335,319.17
9,358.91
126,994.92
Virginia
West Virginia..
North Carolina.
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States.
Enrollment.
Balance in bank.
2,604.85
14,587.73
1,343.13
85,770.23
377.05
108,685.29
136,971.80
84,965.85
294,590.48
244,098.47
466,297.56
493,962.78
75,034.60
75,011.29
138,07a 13
42,633.77
304,953.21
542,116.13
100,565.26
87,131.07
198,635.73
25,310.21
213,360.30
768,319.67
166,717.43
215,541.69
234,988.59
106,189.31
188,406.52
£J
a
o
Ii
3
o
Iowa
Missouri
Total Middle Western States.
Nebraska
Kansas
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States
Washington
California
Total Pacific States
Total all United States
1
11
2
136
108
60
50,207
35,611
28,380
15,916
142,003.14
62,317.30
578.22
571.56
93,149.86
99,965.82
78,416.87
44,624.97
127,848.37
7,548.01
1,445
758,888
458,061
1,810,259.30
37,929.21
1,322,789.46
1,290,160.54
1,815,559.59
3
1
3
1
1
3
62
7
20,384
1,805
82
487
697
6,191
147,088.32
2,726.62
1,066.28
1,443.85
2,042.38
10,668.85
3,687.33
172,174.93
1,970.15
1.38
209.03
74,850.11
756.47
1,084, 92
•1,443. 85
63.11
13,805.09
96,249.39
1
18
25
34,315
2,487
450
687
2,390
14,186
7,045.65
; ;*
1,980.65
4,118.44
12
113
54,515
29,646
165,036.30
3,916.38
92,003.55
103,295.04
180,244.17
1
13
6,479
171,103
3,738
58,118
412,032.11
261.00
40,188.73
0)
847,212.21
C1)
1,105,683.86
21,147.00
710,692.49
14
14
582
596
177,582
61,856
412,032.11
40,449. 73
8-17,212.21
1,105,683.86
731,839.49
370
4,785
2,206,144
1,295,607
5,734,316.10
145,554. 42
4,551,894.23
5,167,192.37
6,518,170.66
18.64
a
o
Not reported.
a
o
o
00
164
REPORT OF THE COMPTROLLER OF THE CURRENCY.
FEDERAL FARM LOAN SYSTEM.
At the close of business October 31, 1922, the aggregate assets of
the 12 Federal land banks amounted to $702,649,882.46, an increase
over the amount on October 31, 1921, of $258,435,410.46. In the
past year the net mortgage loans of these banks were increased from
$400,985,000 to $605,987,000, and investments in United States Government securities were increased from $30,226^,000 to $67,689,000.
Cash on hand and in banks was reduced from $18,917,000, to $11,672,000. Banking houses, furniture, and fixtures were increased from
$304,000 to $656,000 during the year.
The capital stock of these banks was increased $8,170,463, and
amounted to $35,256,730.
In capitalizing these banks, national
farm loan associations subscribed for $30,866,995, United States
Government $4,264,880, and the agents of borrowers and individual
subscribers, $124,855. The undivided profits of these banks were
$4,471,000 compared with $2,165,000 in 1921. A special reserve
from the earnings amounted to $2,533,000 compared with $1,515,000
in 1921, and the amount of surplus was $300,000.
The obligations of these banks incident to the issuance of farm loan
bonds, on October 31,1922, amounted to $641,208,000, and the amount
of accrued interest on farm loan bonds was $14,328,000. In addition to these liabilities the banks had notes payable aggregating
$2,200,000. Other liabilities amounted to $918,000 compared with
$416,000 a year ago.
The net earnings of these banks since organization have amounted
to $11,787,000, out of which dividends have been paid to the amount
of $4,022,000; $380,000 has been carried to suspense account and
other miscellaneous charges have amounted to $81,000, leaving surplus
reserve and undivided profits accounts referred to, aggregating
$7,304,000.
It appears that the original subscription to capital by the United
States Government was $8,892,000, of which amount $4,627,000 had
been retired.
#
Consolidated statement of condition of the twelve Federal land banks at the close of business October 81, 1922.
ASSETS.
Net mortgage loans
$605,987,214. 04
Accrued interest on mortgage loans (not matured)
10,921,559. 80
United States Government bonds and securities
67,688,829. 51
Accrued interest on bonds and securities (not matured)
523,720. 54
Farm loan bonds on hand (unsold)
2,595,925. 00
Accrued interest on farm loan bonds on hand (not m a t u r e d ) . . . . . . .
26,511.18
Other accrued interest (uncollected)..:
12,840. 64
Notes receivable, acceptances, etc
373,719. 03
Cash on hand and in banks
11,672,006. 39
Accounts receivable
86,726. 21
Installments matured (in process of collection)
1,049,351. 43
Banking houses
489,393. 63
Furniture and fixtures
166,733. 50
Other assets
1,055,351. 56
Total assets
702, 649, 882. 46
REPORT OF THE COMPTROLLER OF THE CURRENCY.
165
Consolidated statement of the twelve Federal land banks at the close of business October
31, 1922—Continued.
LIABILITIES.
Capital stock:
United States Government
National farm loan associations
Borrowers through agents
Individual subscribers
$4,264,880. 00
30, 866, 995. 00
119,965. 00
4, 890. 00
Total capital stock
Reserve (from earnings)
Surplus (from earnings)
Farm loan bonds authorized and issued
Accrued interest on farm loan bonds (not matured)
Notes payable
Due borrowers on uncompleted loans
Amortization installments paid in advance
Matured interest on farm loan bonds (coupons not presented)
Reserved for dividends unpaid
Other liabilities
Undivided profits
Total liabilities
$35,256,730. 00
2, 532,500. 00
300,000. 00
641,208,375. 00
14,328,140. 69
2,200,000. 00
311,202. 95
896,977. 20
139,783. 07
86,877. 53
918,417. 62
4,470, 878. 40
702, 649, 882. 46
MEMORANDA.
Net earnings to Oct. 31, 1922
Less:
Dividends paid to Oct. 31, 1922
Carried to suspense account to Oct. 31
Other charges to Oct. 31, 1922
Carried to surplus account to Oct. 31
Carried to reserve account to Oct. 31
Undivided profits Oct. 31, 1922
11, 786, 591. 94
$4,022,141. 74
379,790. 27
81,281. 53
__
300,000. 00
2, 532, 500. 00
4,470, 878. 40
4? 483, 213. 54
Total reserve and undivided profits Oct. 31, 1922
Capital stock originally subscribed by United States Government. .
Amount of Government stock retired to Oct. 31, 1922
7, 303, 378. 40
8, 892,130. 00
4, 627,250. 00
Capital stock held by United States Government Oct. 31, 1922.....
4, 264, 880. 00
NOTE.—Unpledged mortages (gross) $13,316,762.62.
RESOURCES OF CENTRAL BANKS IN FOREIGN COUNTRIES.
The resources of 21 principal central banks in foreign countries, on
or about July 1, 1922, are shown in the following statement, prepared by the Federal Reserve Board, in the local currencies of the
several countries, as well as converted at the rate of exchange on
given dates.
The total assets of these banks, converted at rates of exchange on
given dates, amounted to $10,947,335,000, or 21.71 per cent of the
aggregate resources of all reporting banks in the United States and
insular possessions June 30, 1922.
166
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Total assets of principal central banks about July 1, 1922.
[In thousands of local currency and dollars.]
Bank.
Austro - H u n g a r i a n
Bank—Austrian Department.
Bank of Belgium
Czechoslovakian Banking Office.
Bank of Denmark..
Bank of England
Bank of Finland
Bank of France
German Reichsbank
Bank of Greece
Hungarian Office of
Note Issue.
Banks of Italy, Naples,
and Sicily.
Bank of Netherlands...
Bank of Norway
Batik of Rumania
Bank of Spain
Bank of Sweden
Bank of Switzerland
Bank of Yugoslavia. ..
Reserve Bank of Peru..
Bank of Japan
Bank of Java
Total
Local currency.
Date.
Total
assets.
1922.
June 30
Kronen
639,581,191
June 29
June 30
Francs
Kronen
7,175,983
14,508,931
.. do
June
June
June
June
...do
...do
.
Cents.
20.26 129,579,149
Cents.
0.0054
34,537
1,384,965
2,939,509
7.9400
1.9114
569,773
277,324
180,671 21.4000
1,325,357 440.1100
338,835
2.2763
7,915,709
8.3500
50,137, 800
.2645
971,676
3.0300
8,000,254
.1003
144,267
1,198,609
39,963
3,424,672
556,736
152,548
39,606
19.30
20.26
do
..
674,145 26.80
28 Pounds
272,343 486.65
30 Marks
1,755,621 19.30
29 Francs
41,014,036
19.30
30 Reichsmarks.. 210,486,144 23.82
Drachmas
5,034,590 19.30
Kronen
39,487,928 20.26
...do
July
June
July
July
June
...do
...do
...do
July
...do
Total asTotal
sets conRate of verted
Par of
assets
at
exconverted exchange
rate of
on
given
change. at par of
exchange
date.
exchange.
on given
date.
3
30
8
1
30
1
Lire
23,936,444
Florins
Kroner
Lei
Pesetas
Kronor
Francs. r
Dinars
Pounds
Yen
Florins
1,094,507 40.20
663,453 26.80
20,287,644 19.30
5,927,463 19.30
932,113 26.80
1,040,168 19.30
5,738,329 19.30
8,172 486.65
2,356,450 49.85
392,75S 40.20
19.30
4,619,734
4.6900
1,122,619
439,992 38.5000
421,385
177,805 16.4400
109,072
3,915,515
.5629
114,199
1,144,000 15.5900
924,091
249,806 25.7200
239,739
200,752 18.9700
197,320
1,107,497
1.2675
72,733
39,769 412.0000
33,669
1,174,690 47.7300 1,124,734
157,889 38.125
149,739
216,001,374
10,947,335
SAVINGS BANKS IN THE PEINGIPAL COUNTRIES OF THE
WORLD.
The following statement, prepared by the Bureau of Foreign and
Domestic Commerce, Department of Commerce, shows the number
of depositors, amount of deposits, average deposit account, and the
average deposit per inhabitant with respect to savings banks in principal countries of the world, supplemented by similar data relative to
savings institutions in the United States and Philippine Islands, on
specified dates:
Savings banks, including postal savings banks, number of depositors, amount of deposits, average deposits per deposit account and per inhabitant, by
specified countries.
[Compiled by the Bureau of Foreign and Domestic Commerce, Department of Commerce, from official reports of the respective countries.]
Country.
Argentina.
Chile
Denmark..
Egypt
Finland...
Population.1
Date of
report.
8,533,000 Dec.
3,755,000 Mar.
3,268,000 Mar.
12,751,000 Dec.
3,335,000 /Dec.
\..do
Form of organization.
31,1921 Postal savings banks
31,1922 Public savings banks
31,1920 Communal and corporate savings banks-.
31,1919 Postal savings banks
,
31,1920 Private sayings banks
Postal savings banks
/..do.
Private savings banks
39,210,000 \..do
France
Postal savings banks
5,564,000 Dec. 31,1918 Municipal savings banks
Algeria.
1,953,000 Dec. 31,1920 Postal savings banks
Tunis..
Germany2..
59,378,000 Dec. 31,1919 Public and corporate savings banks
/Dec. 31,1917
Italy
36,740,000 \Dec. 31,1918 Communal and corporate savings banks..
Postal savings banks
31,1919 Private sayings banks
55,963,000 /Dec.
Japan
\Mar. 31,1920 Postal savings banks
do.
3,654,000
Formosa
do
17,284,000 Mar. 31,1921
..do..
Chosen
/Dec.
31,1919
Private
sayings banks..
6,841,000 \Dec. 31,1920 Postal savings
Netherlands
banks...
Private
savings banks..
/Dec.
31,1918
Dutch East Indies.
47,204,000 \Dec. 31,1919 Postal savings banks...
Dutch Guiana
do
do
95,000
Dutch West Indies.
56,000 ....do.
..do2,632,000 Dec. 31,1920 Communal and private savings banks.
Norway
26,386,000 Nov. 30,1921 Postal savings banks
Poland
31,1920 Private savings banks
Spain.:
21,347,000 /Dec.
)..do
Postal savings banks
do.
and trustee savings banks.
Sweden
5,904,000 Dec. 31,1921 Communal
Postal savings banks
Switzerland
3,970,000 Dec. 31.1918 Communal and private savings banks.
20.1919 Trustee sayings "banks
United Kingdom.
46,156,000 /Nov.
\Dec. 31,1918 Postal savings banks
British India 3....
do..
244,268,000 Mar. 31,1921
5,510,000 Dec. 31,1921 Government and private savings banks.
Australia
/Mar.
31.1921
Postal
banks
1,240,000 \Mar. 31.1922 Privatesavings
New Zealand
savings banks..
i Thefiguresfor population are for the nearest date to which the statistics of savings banks relate.
* Exclusive of Brunswick.
» Exclusive of the population of the feudatory Staters.
Number of
depositors.
473,782
1,050,912
1,552,959
224,759
521,124
113,962
8,755, 000
6,982,684
20,511
3,919
33,506,915
2,639,201
6,273,500
12,041,213
20,679,910
396,578
1,383,088
603,133
1,908,305
8,473
182,348
12,805
4,896
1,697,048
42,794
1,001,379
305,239
2,270,318
672,901
2,597,947
2,220,373
15,998,375
1,877,957
3,327,456
664,819
104,395
Deposits.
$10,368,398
26,264,314
266,201,423
3,998,569
32,225,123
1,930,369
344,802,500
140,040,792
885,945
* 930,94a
750,592,400
410,338,436
547,211,842
215,723,496
335,086,525
2,966,707
8,269,014
76,965,000
87,345,280
2,050,642
5,225,950
411,550
88,920
326,411,770
3,546,600
93,057,846
8,928,757
101,197,660
25,289,722
496,732,891
289,471,427
1,118,215,491
59,441,646
650,362,486
171,240,522
17,150,896
Average Average
deposit deposit
per inaccount. habitant.
$21.88
24.99
171.42
17.79
61.84
16.92
39.38
20.06
43.19
237.55
22.40
149.80
87.23
17.92
16.20
7.48
5.98
127.61
45.77
242.02
28.66
32.14
18.16
192.34
82.88
92.93
29.25
44.57
37.58
191.20
130.37
69.90
31.65
195.45
257.58
164.29
$1.22
6.99
81.46
.31
n
9.66
w
8.79
3.57
a
o
.58
.16
.47
12.64
11.17
14.89
3.86
5.99
.81
.48
11.25
12.77
K
I
.05
.11
4.33
1.59
124.02
.13
4.36
.42
17.14
4.28
125.12
6.27
24.23
.24
118.03
138.10
13.83
w
m
a
3
a
Savings banks, including postal savings banks, number of depositors, amount of deposits, average deposits per deposit account and per inhabitant, by
specified countries—Continued.
[Compiled by the Bureau of Foreign and Domestic Commerce, Department of Commerce, from official reports of the respective countries.]
Country.
Canada
Union of South Africa
British West Indies
British colonies, n. e. s
Total, foreign countries
United States
Philippines 5
Grand total
Population.
Date of
report.
31,1920
9,030,000 /Mar.
\Mar. 31,1919
6,941,000 Mar. 31,1921
1,867,000 1919-20
39,412,000 1919-20
720,247,000
/June 30,1922
U09,833,G00 \....do
do
* 10,700,000
Form of organization.
Postal savings banks
Dominion Government savings banks
Postal Savings Banks
Government and post-office savings banks.
do
Postal savings system
Mutual and stock savings banks..
Postal savings bank
840,780,000
Number of
depositors.
Deposits.
Average Average
deposit deposit
per inaccount. habitant.
97,154
26,728
308,140
99,386
292,180
$28,761,090
11,402,098
26,964,037
5,476,855
13,681,398
$296.04
426.60
87.51
55.11
46.83
$3.19
1.26
3.88
2.93
.35
132,944,566
420,242
12,538,997
151,076
6,717,257,335
137,736,439
7,181,248,000
2,882,976
50.53
327.76
572. 71
19.08
9.33
1.25
65.38
.27
146,054,881
14,039,124,750
96.12
96.12
8
n
a
o
* Estimated by Government actuary.
6
Information from Bureau of Insular Affairs, War Department.
NOTE.—The foreign currencies have been converted at their approximate exchange value on the date of the report.
d
O
REPORT OF THE COMPTROLLER OF THE CURRENCY.
169
EXPENSES INCIDENT TO MAINTENANCE OF CURRENCY
BUREAU AND NET PROFIT DERIVED BY GOVERNMENT
FROM TAXES ON NATIONAL AND FEDERAL RESERVE BANK
NOTES, FISCAL YEAR ENDED JUNE 30, 1922.
The total expense incident to maintenance of the Currency Bureau
during the fiscal year ended June 30, 1922, was $6,418,861.76, of
which amount $4,698,746.77 was reimbursed to the Government by
national banks and Federal reserve banks, and the difference of
$1,720,114.99 was expended from appropriations made by Congress.
That the Currency Bureau is self-sustaining and an excellent
revenue producer is evidenced by the fact that during the fiscal
year ended June 30, 1922, national banks paid to the Treasurer of
the United States, as a tax on circulating notes, $3,941,461.17, and
Federal reserve banks paid $445,944.01 as a tax on Federal reserve
bank notes, making total payments of $4,387,405.18, or a net profit
to the United States Government of $2,667,290.19 after deducting
expenses paid from appropriations by Congress.
The records show that considerable saving was effected during the
past fiscal year incident to the ordinary expenses of the bureau.
The item of printing and binding was reduced from $41,768.54 for
the fiscal year 1921 to $21,247.22 for the current year. The expenditure on account of stationery was reduced in this period from $27,744.61 to $15,723.77 and expense on account of furniture and laborsaving machines was reduced from $8,005.91 to $5,337.29.
An itemized statement of expenses incident to maintenance of
Currency Bureau for fiscal year ended June 30, 1922, follows:
Expenses incident to maintenance of Currency Bureau and net profit derived by Government from taxes on National and Federal reserve bank notes, fiscal year ended June
30, 1922.
Expenses
paid from
appropriation.
Salaries:
Regular roll, including bonus and $5,036 for retirement
fund
National currency reimbursable roll, including bonus and
$2,044.21 for retirement fund
«.
Federal Reserve Issue and Redemption Division, and
Redemption Division. Comptroller of the Currency
(paid by Federal Reserve Board)
Total salaries
General expenses:
Printing and binding....
Stationery
.'
*
Amount expended for light, heat, telephone, telegraph,
furniture, labor-saving machines, etc., partially estimated
Special examination of national banks, repairs to macerator,etc
Contingent expenses, Redemption Division, for light,
heat, furniture, etc. (reimbursable) Total general expenses
Currency issues:
National-bank notes—
Paper...
Printing, etc
Plates (reimbursed)
Federal reserve bank notes—
Paper
Pnnting, etc
Plates (reimbursed)
18587°—23
12
Expenses
reimbursed
by banks.
Total
expenses.
$236,509.02
$100,390.32
96,035.14
21,247.22
15,723.77
$432,934.48
1,412.14
1,139.07
5,337.29
1,581.45
767.81
47,208.75
131,803.22
1,017,598.42
43,880.00
246,434.60
88,250.00
**2*i4O."66'
170
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Expenses incident to maintenance of Currency Bureau and net profit derived by Government from tax on National and Federal reserve bank notes, fiscal year ended June
SO, 1922—Continued.
Expenses
paid from
appropriation.
Currency issues—Continued.
Federal reserve notes—
Paper
Plates, printing, etc
Total currency issues
Expenses on account of national bank examining service paid
by banks
Postage on shipments of national-bank notes
,
Insurance on shipments of national-bank notes
Total expenses paid from appropriations
Total expenses reimbursed oy banks
Total expenses
.-
Expenses
reimbursed
by banks.
$316,780.04
1,992,919.13
1,945,156.41
97,150.76
56,655. 95
$1,720,114.99
4,698,796.77
Tax paid by national banks on circulating notes
Tax paid by Federal reserve banks on Federal reserve bank notes
Total
Total expenses of Currency Bureau paid from congressional appropriations
Net profit to Government from taxes on circulation
Total
expenses.
$3,839,805.41
1,945,156.41
97,150.76
56,655.95
6,418,911.76
$3,941,461.17
445,944.01
4,387,405.18
1,720,114.99
2,667,290.19
CONCLUSION.
No other activity of the Government more directly concerns the
interests of the people than the national banking system, representing
as it does approximately 35 per cent of the banking power of the
United States.
Our national banks are the bulwark of America's financial establishment. Their resources June 30, 1922, the latest date for which
comparable figures with other banks are available, were $20,706,010,000, or 41.06 per cent of the total resources of all reporting banks;
and their total deposits were 39.69 per cent of the total deposits of
all banks.
The success of the national banks is due mainly to the management of their affairs by competent officers and directors who have
generally displayed a desire to comply with the law and to cooperate
with the comptroller. It must be remembered, however, that
general economic conditions have had their effect on national banks
as well as all other financial institutions, necessitating the exercise of
great care and prudence in their management. Responsibility,
therefore, to a great extent, devolves upon the corps of national
bank examiners, and in turn upon administrative officers of the
Currency Bureau. That national banks have been well managed is
evidenced by the fact that during the fiscal year ended June 30, 1922,
the number of failures was only forty one-hundredths of 1 per cent
of the total number of reporting banks, and the nominal value of
assets of banks placed in charge of receivers was only one-tenth of
1 per cent of the total assets of all reporting banks.
In my last annual report, I called attention to the meager salaries
paid officers of this bureau, with particular reference to Deputy
Comptrollers Thomas P. Kane and Willis J. Fowler, and recommended
increases in their salaries. In renewing this recommendation, the
EEPOET OF THE COMPTBOUJSR OF THE CURRENCY.
171
attention of the Congress is called to the provision of section 5173,
Revised Statutes, as follows:
The plates and special dies to T5e procured by the Comptroller of the Currency for
the printing of such circulating notes shall remain under his control and direction, and
the expenses necessarily incurred in executing the laws respecting the procuring of
such notes, and all other expenses of the Bureau of the Currency, shall be paid out of the
proceeds of the taxes or duties assessed and collected on the circulation of national banking
associations under this title.
In view of this provision of the law, it is respectfully suggested that
to increase the salaries to be paid deputy comptrollers wnl place no
additional burden on the Treasury. The net profit to the Government from taxes on national and Federal reserve bank circulation,
after meeting all expenses of the bureau for the fiscal year ended
June 30, 1922, was $2,667,290.19. This bureau pays its expenses,
earns a large profit to the Government, and ought to be allowed to
pay reasonable salaries.
In the appendix of this report will be found condensed statements
of the condition of each national bank in the United States at the
close of business September 15,1922; statistics relating in detail to the
assets and liabilities of national banks; data relative to the affairs of
national banks in charge of receivers; information with reference to
the condition of banks under the supervision of the banking departments of the several States; clearing house transactions; and digest
of decisions relating to national banks.
Respectfully submitted.
D. R. CRISSINGER,
Comptroller of the Currency.
To the SPEAKER OF THE HOUSE OF REPRESENTATIVES.
APPENDIX
173
DIGEST OF DECISIONS RELATING TO NATIONAL
BANKS.
[The following banking cases include cases reported in volume 257, U. S. Reporter, and volumes 275 to
281, Federal Reporter, together with one case from volume 111, Atlantic Reporter and two New York
decisions, not yet reported, one by the Court of Appeals, and one by the Supreme Court of New York.]
CHECKS.
Bank certifying check entitled to disregard subsequent conditional
indorsement
(TJ. S. D. C , 1921.) Under Oregon Laws section 7831, providing that, when an
indorsement is conditional, a party required to pay may disregard the condition, but one to whom the instrument is negotiated holds it or its proceeds subject to the rights of the person indorsing conditionally, where the drawer of a
check procured its certification and thereafter indorsed it conditionally, the
bank, having paid the check, was not liable to the drawer, though the condition
had not been performed. (Keeler Bros. v. School Dist. No. 25 of Gilliam
County, Oreg., et al., 276 Fed. Rep. 755.)
Conditional indorsement of check inferred, subsequent to certification, when contrary not
alleged.
(U. S. D. C., 1921.) When one drawing a check to its own order, procuring its
certification, and subsequently negotiating it under a conditional indorsement,
sued to recover its amount from the bank, which had paid it, and the complaint
does not allege that the conditional indorsement was prior to the certification,
it must be inferred that the indorsement was subsequent to the certification,
and that the bank did not become a party to the indorsement. (Ib.)
Bank held not liable for payment of drafts drawn after notification to drawer that renewal of
customer's letter of credit had expired.
(U. S. C. 0. A., 1922.) Where a bank, after execution of an agreement to honor
sight drafts drawn against its customer to a stipulated amount and for a specified
time, notified plaintiff that the letter of credit issued to its customer had expired, and that after a renewal of 60 days it had not been extended, the bank
was not liable for drafts drawn by plaintiff thereafter. (Barde Steel Products
Corporation v. Franklin Nat. Bank, 281 Fed. Rep. 814.)
METHOD OF COLLECTING CHECKS BY FEDERAL RESERVE
BANKS.
Federal reserve banks can adopt reasonable measures to collect checks deposited with them at
par.
(U. S. D. C, 1922.) The Federal reserve banks, in the "discharge of their duties
with respect to the collection of checks deposited with them at par, and in per- *
forming the functions of a clearing house, as authorized by Federal reserve act,
sections 13,16 (Comp. St., sees. 9796, 9799), are empowered to adopt any reasonable measure designed to accomplish these purposes. (American Bank & Trust
Co., et al. v. Federal Reserve Bank of Atlanta et al., 280 Fed. Rep. 940.)
Federal reserve bank can present checks at drawee bank by agents.
(U. S. D. C , 1922.) Where the bank on which checks deposited in a Federal
reserve bank were drawn refuses to remit by mail without deduction of the cost
of exchange, the reserve bank can employ any proper instrumentality or agency
to collect the checks from the drawee bank, and may legitimately pay the
necessary cost of such service. (Ib.)
Daily collection of two or more checks drawn on same bank is not illegal.
(IT. S. D. C , 1922.) The process of the daily collection of checks by a Federal
reserve bank in the exercise of its clearing house functions is not rendered
unlawful because of the fact that of the checks handled two or more of them
may be drawn on the same bank. (Ib.)
175
176
REPORT OF THE COMPTRO*LLER OF THE CTJRREHCY.
Federal reserve banks can publish par clearance list, but not include nonmember banks
without consent.
(U. S. D. C, 1922.) It is a legitimate feature of the Federal reserve bank to publish a par clearance list; that is, a list of banks on which checks are drawn
that will be collected at par by the Federal reserve banks. But such list
should not include the name of any nonmember bank without its consent, since
a conclusion may be drawn from the appearance of a bank's name on the par
list that it agrees to remit at par. (Ib.)
Federal reserve par clearance list can state that it includes all banks in designated municipality.
(U. S. D. C , 1922.) The Federal reserve bank can include in its published par
clearance list the names of towns or cities, with a representation that it will undertake to collect at par checks drawn on any bank, whether member or nonmember, in such town or city. (Ib.)
Payee, who deposited check with bank for collection, could sue other bank, to which check
was forwarded for collection for negligence in course of collection.
(U. S. D. C., 1922.) Under a statute authorizing a bank in which a check is
deposited for collection "to forward, en route, the same, without delay, in the
usual commercial way in use according to the regular course of business of banks,''
a payee, who deposited check with a bank for collection, held entitled to sue
other bank, to which the check was forwarded for collection by the first bank,
for damages caused by negligence of the second bank in the course of collection,
as against contention that there was no contractual relation between payee and
second bank, since under such statute the second bank became the payee's
subagent. (Malloy et al. v. Federal Reserve Bank of Richmond et al., 281
Fed. Rep. 997.)
Federal reserve bank, to which check was sent for collection, held not negligent in sending
check to drawee bank.
(U. S. D. 0., 1922.) In view of regulation made
by Federal Reserve Board providing that the board will require membe*1 and nonmember clearing banks to
authorize its Federal reserve bank to send checks for collection to banks on
which checks are drawn, and that except for negligence such Federal reserve
bank will assume no liability, it was not negligence for a Federal reserve bank,
to which a check had been sent for collection, to mail the check to the bank on
which it was drawn. (Ib.)
Drawer1 s liability held discharged.
(U. S. D. C , 1922.) Where drawee bank, to which the check had been sent for
collection by other bank, sent other bank the drawee bank's check on third
bank in payment thereof, stamped the check drawn on it paid, charged it to
drawer's account, and delivered it to drawer, who had to his credit subject to
his check an amount more than sufficient to pay check, the check was paid,
and drawer's liability as such was discharged. (Ib.)
Bank to which check was sent for collection held not authorized to accept in payment drawee
bank's check on other bank.
(U. S. D. C , 1922.) Bank to which check was sent for collection acted at its
peril in accepting in payment of such check drawee bank's check on other
bank, having no authority to accept in payment thereof anything other than
money. (Ib.)
Federal reserve bank held without authority to require nonmember bank to remit without
charging exchange.
(U. S. D. C.. 1921.) A State bank, not a member of the Federal reserve bank,
held entitled to charge its customary exchange on remittances to the reserve
bank of the district, and a practice qt the reserve bank to send checks on the State
bank received by it for collection to the drawee bank indorsed "for collection
only and remittance in full without deduction for exchange," and on their
return unpaid to return them to its correspondents, advising them in effect that
the checks were dishonored, held unauthorized, and enjoined, where it appeared
that such practice was adopted for the purpose of coercing the State bank.
(Brookings State Bank v. Federal Reserve Bank of San Francisco, 277 Fed. Rep.
430.)
REPORT OF THE COMPTROLLER OF THE CURRENCY.
177
Reserve bank not required to receive for collection checks from nonclearing banks; "may. "
(U. S. D. 0., 1922.) Federal reserve act, section 13, as amended by act June 21,
1917 (Comp. St. 1918, Comp. St. Ann. Supp. 1919, sec. 9796), providing that
any reserve bank may receive for exchange or collection checks, notes, bills,
etc., gives to the reserve banks an option to receive such checks on whatsoever
bank drawn, within its district, without discrimination as to whether they are
members or nonmembers, or have availed themselves of the clearing house
privileges afforded by the reserve bank; but the word "may" is not to be
construed as "shall," so as to be mandatory, and the requirement of section
16 of the act (sec. 9799), that the banks receive from member banks or Federal
reserve banks checks and drafts drawn on their depositors, carries with it no
specific power for making exchange or collections. (Brookings State Bank v.
Federal Reserve Bank of San Francisco, 281 Fed. Rep. 222.)
Reserve bank has option to collect from nonclearing bank, if it can do so without paying
exchange.
(U. S. D. C, 1922.) A Federal reserve bank may at its option receive and collect
paper against a bank which is not a member, and which has not availed itself
of the reserve clearing privileges, if it can find a way to make such collections
without the payment of exchange, which it is prohibited from paying by the
proviso to Federal reserve act, section 13, as amended by act of June 21, 1917
(Comp. St. 1918, Comp. St. Ann. Supp. 1919, sec. 9796). (Ib.)
Nonmember banks can charge reasonable exchange on remittances.
(U. S. D. C., 1922.) Banks which are not members of the Federal reserve system,
and not governed by the Federal reserve act (Comp. St. 1918, Comp. St. Ann.
Supp. 1919, sec. 9785 et seq.), have the right, if they see fit, to charge reasonable
exchange on remittances. (Ib.)
Reserve bank can not coerce nonmember bank to remit without exchange.
(U. S. D. 0., 1922.) Though a bank which is not a member of the Federal reserve
system may, if it sees fit to do so, waive its right to charge exchange on remittances by it, the Federal reserve bank has no right to coerce it to do so. (Ib.)
Evidence held to show coercion by reserve bank to compel remittances without exchange.
(TJ. S. D. C , 1922.) In a suit for injunction against the Federal reserve bank by
a nonmember State bank, evidence held to show that the Federal reserve bank
had attempted to coerce the State bank to make remittances without exchange,
by presenting checks for payment at the counter which required the bank to
keep an unusually large reserve of currency, and by returning checks on which
the State bank had refused to make remittance, because they were indorsed to
be paid at par to the reserve bank's correspondent, with information they had
been dishonored without protest by the State bank. (Ib.)
Injunction not issued against practice discontinued without intention to renew.
(U. S. D. C , 1922.) Where, about the time suit was begun against it, a Federal
reserve bank had discontinued its agency for presentation across the counter
of checks on a nonmember State bank, and there was no evidence it had any
intention to renew such agency, a temporary injunction restraining it from maintaining an agent will not be continued. (Ib.)
Reserve bank enjoined from notifying correspondents that State bank had dishonored without protest.
(U. S. D. C , 1922.) Where a Federal bank sent checks to the State bank on which
they were drawn, indorsed as " for collection only1 and remittance in full without
deduction for exchange or collection charges,' ' and the State bank was notrequired to remit without charge, the practice of the reserve bank in returning
such checks to its correspondents with information they had been dishonored
without protest by the State bank, and that the correspondents must look to
that bank for redress, was erroneous coercion of the State bank, which will be
enjoined. (Ib.)
COLLATERAL SECURITIES.
Pledgee of stock without present consideration, not a bonafideholder.
(U. S. C. C. A., 1921.) The holder of a certificate of stock of a corporation, who
has taken it as security for an existing debt without promise of extension or
178
REPORT OF THE COMPTROLLER OF THE CURRENCY.
other present consideration, is not protected as a purchaser for value, unless the
true owner is estopped by some negligence which has enabled the person with
whom he had intrusted the stock to perpetrate a fraud on the purchaser. (Commercial National Bank of Washington, D. C, v. Shriver et al. In re Mertens
etal., 275 Fed. Rep. 12.)
Pledge of stock by donee of bankrupt held ineffective against trustee.
(U. S. C. C. A., 1921.) A bank, which took a certificate of stock as collateral on
extension of a note with knowledge that the pledgor acquired the stock by gift
from his father against whom a petition in bankruptcy had been filed and of
other facts which charged it with notice that the father was insolvent when the
gift was made, and that it was a fraud on his creditors, held not to have acquired
title as against the trustee in bankruptcy of the father. (Ib.)
DEPOSITS.
Defendant trust company can not plead fraud as against another party only and its interest
in a matter ultra vires the corporation.
(U. S. D. C, 1922.) In an action against a trust company on a certificate of
deposit, the defendant should not be allowed to answer, alleging a fraud not
directly perpetrated on the defendant, but on a third party, and that it was
financially interested in the matter, which was ultra vires the corporation.
(Green v. Commercial Bank & Trust Co., 277 Fed. Rep. 527.)
When parent bank not liable to depositor in branch bank.
(N. Y. Supp. 1922.) " Where plaintiff deposited money with defendant, which
agreed to open an account in plaintiff's name in a branch bank of defendant
in Russia, and later all Russian bank funds were confiscated by the Soviet
Government, thereby making performance of the contract by defendant impossible, it was held that performance by defendant was excused." (Boris N.
Sokoloff, plaintiff, v. The National City Bank of New York, defendant.) (Decision rendered Dec. 19, 1922, but not yet reported.)
FORFEITURE OF CHARTER.
Appointment
of temporary receiver in suit to dissolve solvent bank is proper.
(U. S. C. C. A., 1922.) In a suit by the Comptroller of the Currency to dissolve
a national bank for violation by its officers and directors of the provisions of
the national banking laws (Comp. St., sec. 9657 et seq.), the institution of
which suit would naturally cause financial embarrassment to the bank, the
appointment of a receiver for the bank was not only within the discretion of
the chancellor but the exercise thereof was wise and prudent, even though it
was not alleged that the bank was insolvent. (First Nat. Bank of Hagerstown
et al. v. Crissinger, Comptroller of Currency, 279 Fed. Rep. 818.)
Appeal from appointment of receiver dismissed as moot, after he has been discharged.
(U. S. C. C. A., 1922.) An appeal from the appointment of a receiver for a
national bank, in a suit to dissolve a bank for violation by its officers of Comp.
St., sections 9786, 9831, will be dismissed as moot where the officers and stockholders whose conduct was attacked had sold their interests in the bank, and
the receiver had been discharged after returning the property to the purchasers
and the suit had been dismissed. (Ib.)
Officers and stockholders of bank have no interest in appeal from appointment of receiver
after selling their stock.
(U. S. C. C. A., 1922.) The officers and stockholders of a bank whose misconduct
resulted in a suit for dissolution of the bank and appointment of a receiver,
have no interest entitling them to maintain an appeal from the appointment
of the receiver after they had sold their stock and resigned their offices. (Ib.)
INSOLVENCY AND RECEIVERS.
Under Federal reserve act indorsement of member bank to reserve bank creates primary
liability.
(U. S. D. C, 1921.) Under the Federal reserve act, providing that, in case of
. rediscounted notes "upon which suit is brought, the bank waives presentment,
demand, and protest, and that the indorsement of member bank shall "be
REPORT OF THE COMPTROLLER OF THE CURRENCY.
179
deemed a waiver of demand, notice, and protest by such bank as to its own
indorsement, exclusively," when a member bank deposits paper with the
reserve bank, it is intended that there shall be a primary liability. (Federal
Reserve Bank of Minneapolis v. First Nat. Bank of Eureka, S. Dak., 277 Fed.
Rep. 300.)
Under Federal reserve act, reserve bank has same rights against receiver as against insolvent
bank.
(U. S. D. 0., 1921.) In an action by reserve bank on notes discounted by a
member bank, the appointment of a receiver for the member bank puts the
receiver in the same position as the insolvent bank, and plaintiff had the
right to make proof of the member's absolute liability on rediscounted paper,
and upon proof acquired a vested interest in the trust fund in the hands of the
receiver for the creditors. (Ib.)
Debts provable though unmatured.
(U.
debts are provable both in bankruptcy and
U. S. D. 0., 1921.) Unmatured
I
receiverships. (Ib.)
In proving claims on notes indorsed to reserve bank credits allowable to member bank as
set-off.
(U. S. D. C, 1921.) In an action by a reserve bank on an insolvent member's
rediscounted notes, that plaintiff's claims matured after the receiver's appointment did not affect the right of set-off, and in proving the claims credits in
favor of the insolvent are deducted. (Ib.)
Member bank held chargeable with proceeds of checks forwarded for collection.
(U. S. D. C, 1921.) In view of Federal reserve act, section 16, as to a reserve
bank's exercising the function of a clearing house, and the Federal Reserve
Board rule requiring that the member bank provide funds to cover at par all
checks received from or for the account of the reserve bank, held, that a member
bank is absolutely liable to a reserve bank for the proceeds of checks forwarded
the member for collection and paid to the member bank. (Ib.)
LIABILITY OF BANK.
National bank held liable for money acquired through fraud of subsidiary.
(U. S. D. C, 1922.) A bank, which organized a subsidiary corporation to handle
property it owned, which corporation had no capital or property, except that
supplied by the bank, held liable for damages sustained by a purchaser of
property from the corporation, which paid the bank for the same, where the
property was not as represented and warranted. (Portsmouth Cotton Oil
Refining Corporation v. Fourth National Bank of Montgomery, 280 Fed. Rep.
879.)
Bonds held purchased outright by banking and bond house, so that /State issuing bonds
not entitled to accounting by receiver of bond house.
(U. S. D. C. 1921.) Contract between a South American State and a firm of
New York brokers and bankers held a contract of purchase by the firm of the
bonds of the State, paid for by the firm's opening a credit on their books in
favor of the State, so that the relation of debtor and creditor was created, and
the State was not entitled to an accounting from the firm or its receiver, as
from an agent or trustee. (Beaver Board Companies v. Imbrie et al., in re
State of Santa Catharina, Republic of Brazil, 275 Fed. Rep. 431.)
NEGOTIABLE PAPER.
Note imports consideration, which may be rebutted.
. (U. S. C. C. A., 1922.) Promissory note imports consideration, but between the
maker and payee the presumption of consideration maybe rebutted by evidence.
(Chase v. Du Pont National Bank of Washington, D. C, 277 Fed. Rep. 235.)
Proof money was not paid to maker does not rebut presumption of consideration.
(U. S. C. C. A., 1922.) In an action on a note payable to a bank, evidence that
the bank credited the amount of the note to the account of a third party does
not alone rebut the presumption of consideration for the note, since the note
may have been an accommodation note, as defined by Uniform Negotiable
Instruments Law, D. C, article 2, sec. 29. (Ib.)
180
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Accommodation note is supported by consideration.
(TJ. S. C. C. A., 1922.) A note executed by the marker for the accommodation of
another, to whom the money is paid by the payee, is supported by consideration.
(Ib.)
Bank had not given value for note merely by crediting account therewith.
(U. S. C. C. A., 1921.) A bank does not
become a purchaser
for value of a note
1
merely by giving
""
" " n ' "
* "
, , .•
entitled
prior to acquiring
277 Fed. Rep. 145.)
OFFICERS.
REPRESENTATION OP BANK BY OFFICERS.
Banks chargeable with knowledge of officers.
(U. S. D. C, 1921.) Banks accused in contempt proceedings of having conspired
with judgment debtor in obstructing the enforcement of a judgment, and in
aiding judgment debtor in removing ner tangible property beyond the reach of
process, are chargeable with the knowledge, purpose, and intent of their officers.
(Lineker et al. v. Dillon et al., 275 Fed. Rep. 460.)
Cashier has authority to bind bank in usualfinancialbusiness.
(U. S. D. C , 1922.) By the common law, as well as the law of Texas, the cashier
of a bank has apparent authority to bind the bank in its usual financial business.
(In re Ballard, 279 Fed. Rep. 574.)
OFFICERS, CIVIL LIABILITY OF.
Limitation of actions—State statute applies.
(TJ. S. Sup. C, 1921.) The State statute of limitations applies to a suit in Federal
court by a receiver of a national bank against its former directors to recover for
losses sustained by the bank through improper loans and investments and dividends paid out of capital. (Curtis, Receiver of Atlantic National Bank of Providence, R. I., v. Connly etal., 257 U. S. 260.)
Limitation of actions—Fraud—Discovery.
(U. S. Sup. C , 1921.) Such a suit being based on the common-law right of the
bank, the statute will not be tolled upon the ground of fraudulent concealment
of the cause of action (Gen. Laws, K. I., 1909, c. 284, sec. 7) where the bank
was put on notice by the entries on its own books.
Where the misrepresentations relied on for suspending the statute of limitations were the entering at their face value upon the books, and in reports made to
the comptroller and published, of loans and investments known by the defendant
directors to be improper or worthless, held: (a) That the bank was chargeable
with notice of the parties to whom loans had been made and the specific character of assets; (b) that the representations to be implied from the reports could
not be taken as continuing after they had been superseded by later reports; (c)
that the misrepresentations of value imported by the valuations on the books
were not a concealment of the cause of action after new directors, not in conspiracy with the defendants, came upon the board and knew the facts, since
their knowledge was imputable to the bank, even if they also proved unfaithful.
The running of a statute of limitations on a cause of action of a bank against
directors will not be suspended by its fraudulent concealment beyond a period
in which new directors, performing their duty to learn the bank's affairs, would
presumably have discovered it.
The fiduciary relation between a bank and its directors ceased when they left
the board. 264 Fed. Rep. affirmed. (Curtis, Receiver of Atlantic National
Bank of Providence, R. I., v. Connly etal., 257 U. S. 260.)
OFFICERS, CRIMINAL LIABILITY OF.
Charge of offense by officer of national bank held sufficient.
(U. S. C. C. A., 1921.) Under Federal reserve bank act, section 2 (Comp. St., sec.
9786), requiring every national bank to become a member of a Federal reserve
bank under penalty of forfeiture of its charter, a charge that a defendant as an
REPORT OF THE COMPTROLLER OF THE CURRENCY.
181
officer of a national bank falsified its books or embezzled its funds is sufficient,
as charging that he was an officer of a " member bank,'' within Revised Statutes,
section 5209, as amended by act September 26, 1918, chapter 177, section 7
(Comp. St. Ann. Supp. 1919, sec. 9772). (Rheiner et al. v. United States,
276 Fed. Rep. 803.)
Evidence held to sustain conviction/or aiding in misapplying funds of national bank.
(U. S. C. C. A., 1922.) Evidence that defendant caused fictitious drafts to be
drawn and sent to the president of a national bank, who in accordance with
an understanding between them caused the drafts to be credited at once, before
collection or acceptance, to accounts of which defendant, or a corporation in
which both were interested, had the benefit, the drafts on maturity being taken
up by means of others, the purpose being to obtain loans from the bank without
approval by the directors, and with the final result that the bank was illegally
subjected to the risk of loss, held to sustain a conviction under Revised Statutes,
section 5209 (Comp. St., sec. 9772), for aiding and abetting the president in
misapplying funds of the bank. (De Kay v. U. S., 280 Fed. Rep. 465.)
Presenting demurrer merely with naked list of authorities improper.
(U. S. D. C , 1922.) Where demurrers to indictments were interposed, but were
presented with merely a naked list of authorities, and with no argument or
statement of particular points or propositions, the method of presentation was
improper. (U. S. v. Reece, 280 Fed. Rep. 913.)
Indictment charging president of national bank with misapplication of funds sufficient,
if appropriation and conversion by either president or recipient of funds is shown.
(U. S. D. C, 1922.) An indictment charging the president of a national bank
with willful misapplication of funds, in violation of Revised Statutes, section
5209 (Comp. St., sec. 9772), need not show conversion of funds by both the
president and the recipient of the proceeds; facts showing an appropriation
and conversion by one or the other being sufficient. (Ib.)
President of national bank may be guilty of willful misapplication of funds, though not
in actual possession.
(U. S. D. C, 1922.) The president of a national bank may be guilty of willful
misapplication of the funds of such bank, in violation of Revised Statutes, section 5209 (Comp. St., sec. 9772), though he has not the actual possession, if he
has such control and power of management as to direct an application of the
funds in such manner and under such circumstances as to constitute a violation
of the statute. (Ib.)
Test as to certainty of indictment stated.
(U. S. D. C, 1922.) The test as to the sufficiency of an indictment on demurrer
for uncertainty is not whether it might have* been made more certain, but
whether it contains every element of the offense intended to be charged, and
sufficiently apprises the defendant of what he must be prepared to meet. (Ib.)
Bank president, who causes false entries to be made in reports to Comptroller of Currency,
guilty of making false entries in returns to comptroller.
(U. S. D. C, 1922.) President of national bank, who causes false entries to be
made in reports to Comptroller of Currency with knowledge of their falsity and
with intent to deceive, is guilty of making false entries in returns to comptroller,
in violation of Revised Statutes, section 5209 (Comp. St., sec. 9772), though he
does not himself make the reports. (Ib.)
In absence of countershowing on motion for change of place of trial, presumed that no such
showing was available.
(U. S. D. C , 1922.) On motion for change of place of trial to other division of
district, supported by affidavits showing nostility and prejudice against defendant in the division in which the prosecution had been commenced, it will be
presumed, in the absence of a countershowing, that no such showing was available. (Ib.)
Denial of motion for change of place of trial for prejudice, in prosecution of president of
insolvent national bank for misapplication offunas, held error.
(U. S. D. C, 1922.) In prosecution of president of insolvent national bank for misapplication of funds and for making false entries in returns to Comptroller of the
182
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Currency, denial of motion for change of place of trial to other division of
district, supported by affidavits showing hostility and prejudice to the defendant
in the district in which the prosecution had been commenced, held error, in
the absence of a countershowing, notwithstanding suggestions of prosecuting
attorney that care be taken to exclude as jurors persons from county in which
bank was situated, or who had become hostile to defendant because of the bank's
failure. (Ib.)
SHAREHOLDERS.
RIGHT OF SHAREHOLDERS TO EXAMINE BOOKS AND LISTS OF SHAREHOLDERS.
Corporations—Right to examine books under the common
stockholders with proper purpose.
law exists only in favor
of
(Me. Sup. Ct., 1920.) At common law the right to examine books of a corporation
exists only in favor of stockholders who invoke it for a proper and legitimate
purpose. (Shea v. Sweetser, 111 Atl. Rep. 579.)
Stockholder has absolute right to inspect books under Revised Statutes of
Maine.
(Me. Sup. Ct., 1920.) Under Revised Statutes, chapter 51, section 22, a stockholder has an absolute and unqualified right to inspect the records and stock
book of his corporation, and to make copies and minutes; the purpose being
immaterial. (Ib.).
Stockholder held not entitled to writ of mandamus to force examination
secure names of stockholders.
of books merely to
(Me. Sup. Ct., 1920.) Despite Revised Statutes, chapter 51, section 22, giving
a stockholder an absolute right to inspect the books of his corporation, a stockholder, who has purchased his small block of shares merely to enable him to
examine the books and obtain a list of other stockholders to attempt to sell them
other stock, is not entitled to mandamus to enforce his right to inspect the company's books; the remedy being discretionary and not a writ of right. (Ib.)
Hostile stockholder may invoke aid of court to enforce right to inspection of books and record\
(Me. Sup. Ct., 1920.) A stockholder may invoke the aid of the court to enforce
his right to inspect the books of the company, under Revised Statutes, chapter
51, section 22, without proof or allegation that his interests require examination
of the corporate records, and though his interests may be adverse or his purposes
hostile to the corporation. (Ib.)
ASSESSMENTS.
Evidence held to show bank a creditor of another bank entitled to enforce
liability.
stockholders1
(U. S. C. C. A., 1921.) Evidence held to show that an agreement by which one
national bank took over the assets of another for purpose of liquidation constituted a loan and not a purchase of the assets by trie bank receiving them, and
that consequently it was a creditor entitled to enforce the liability of the shareholders of the liquidating bank. (Hightower et al. v. American Nat. Bank of
Macon, 276 Fed. Rep. 371.)
Shareholders' liability being several, any may appeal without joining
'
others.
(U. S. C. C. A., 1921.) In a suit against a bank and shareholders to enforce a debt
and shareholders' liability, defendants' liability being several and not joint,
decree against them may be appealed from by one or more without joining
others. (Ib.)
Bill joining all bank stockholders held not multifarious.
(U. S. G. C. A., 1921.) In a suit under Comp. St. sections 9689,9806,9807, to enforce
the individual liability of the shareholders of a national bank which has gone
into liquidation, the joining of all the shareholders does not render the bill multifarious. (Benton et al. v. American Nat. Bank of Macon, 276 Fed. Rep. 368.)
Shareholders of a corporation held proper parties in a suit to enforce stockholders1
on the stock held.
liability
(U. S. C. C. A., 1921.) In a suit by one national bank against another to enforce
shareholders' liability, in which a finance company was made defendant as a
shareholder of the defendant bank, it appearing that such finance company had
REPORT OF THE COMPTROLLER OF THE CURRENCY.
183
been dissolved, a petition that certain shareholders of such dissolved company
to whom assets of such company had been distributed be made parties defendant
was properly granted, their liability being limited to the amount of assets
received by them, against the objection that joining the"m made the bill multifarious and was a misjoinder of parties defendant and that, if they were joined,
other stockholders of the dissolved corporation should have been joined. (Ib.)
TAXATION.
Tax on national bank shares held invalid as discriminatory.
(U. S. C. C. A., 1921.) A tax at a rate in excess of 35 mills on the dollar, levied on
the assessed value of shares of national and State banks, whereby a State law
(Laws N. D. 1917, c. 230) other moneys and credits of citizens are exempt from
all taxes, except a 3-mill tax thereby imposed, as to national bank shares is in
violation of Revised Statutes 5219 (Comp. St. 9784), prohibiting taxation of such
shares " at a greater rate than is assessed upon ether moneyed capital in the hands
of individual citizens," and is invalid as to the excess above the 3-mill rate,
though all other property except such other moneys and credits is taxed at the
same rate. (Eddy, County Treasurer, et al. v. First Nat. Bank of Fargo, 275
Fed. Rep. 550.)
Aflat rate tax on stock and a tax on income are methods unlike and unequal; and such taxes,
therefore, constitute a discrimination against national banks prohibited by section 5219,
Revised Statutes.
(N. Y. App. 1922) * * * When it appears on the face of the statute that
bank shares are taxed on valuation at a flat rate and that the owner of
competing moneyed capital relatively material in amount is taxed on
income only, the court is powerless to say that equality of taxation has been
secured and injustice prevented. We are forced to compare two methods
which are wholly unlike. How can equality be established or presumed as
the necessary result of the taxing statutes? I u a very^considerable number of
cases the valuation tax must inevitably be the heavier burden. It is fixed
and certain. The income tax is variable and dependent on income and amount
of income. It is conceivable that when returns on such capital are low, the
bank stock would be taxed and the competing capital would be exempt. In
no event would equality exist unless the income on competing capital were
large beyond the dreams of avarice and the usual returns on investments.
The relator is entitled to the relief asked for. The orders should be reversed and
the assessment vacated, with costs in all courts. (People ex rel. Hanover
National Bank of th,e City of New York, appellant, v. Henry M. Goldfogle et al.,
respondents.) (Decided by New York Court of Appeals on Dec. 12, 1922, but
case not yet reported.)
TABLES.
TABLE NO. 1.—Comptrollers and Deputy Comptrollers of the Currency, dates of appointment and resignation, and States whence appointed.
No.
Name.
Date of
appointment.
Date of
resignation.
State.
COMPTROLLERS OF THE CURRENCY.
Hugh McCulloch
,
Freeman Clarke
Hiland R. Hulburd
John Jay Knox
Henry W. Cannon
William L . Trenholm
Edward S. Lacey
A. Barton Hepburn
James H . Eckles
Charles G. Dawes
William Barret Ridgely..
Lawrence O. Murray
John Skelton Williams...
D . R . Crissinger
May
Mar.
Feb.
Apr.
Mar.
Apr.
May
Aug.
Apr.
Jan.
Oct.
Apr.
Feb.
Mar.
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
Mar.
July
Apr.
Apr.
Mar.
Apr.
June
Apr.
Dec.
Sept.
Mar.
8,1865 Indiana.
24,1866 New York.
3,1872 Ohio.
30,1884 Minnesota.
1,1886
Do.
30,1889 South Carolina.
30,1892 Michigan.
25,1893 New York.
31,1897 Illinois.
30,1901
Do.
28,1908
Do.
New York.
Mar.' 2,'1921 Virginia.
Ohio.
May
Aug.
Mar.
Aug.
Jan.
Jan.
Aug.
Apr.
Mar.
Sept.
June
July
9,1863
1,1865
12,1867
8,1872
5,1886
27,1887
11,1890
7,1893
12,1896
1,1898
29,1899
1,1908
Aug.
Jan.
Apr.
Jan.
Jan.
May
Mar.
Mar.
Apr.
June
DEPUTY COMPTROLLERS OP THE CURRENCY.
Samuel T. Howard...
Hiland R. Hulburd...
John Jay Knox
John S. Langworthy.
V. P.Snyder
J. D. Abrahams
R.M.Nixon
Oliver P . Tucker
George M. Coffin
Lawrence O. Murray..
Thomas P . Kane
Willis J. Fowler
1
11,1865 New York.
31,1867 Ohio.
24,1872 Minnesota.
3,1886 New York.
3,1887
Do.
25,1890 Virginia.
16,1893 Indiana.
11,1896 Kentucky.
31,1898 South Carolina.
27,1899 New York.
District of Columbia.
Indiana.
Term expired.
TABLE NO. 2.—Names and compensation ofoffiq rs and clerks in the office of the Comptroller of the Currency, OcoberSl, 1922.
Name.
Grade.
Salary.
1
Comptroller
Crissinger, D. R
$5,000
Deputy Comptroller..
Kane, Thomas P
3,500
Fowler, Willis J
do
3,000
Herndon, John G
Chief clerk
2,500
Davenport, Henry B
Chief of division
2 4,000
Schreiner, Edmund E . . .
Superintendent
2,500
Quinn, Edmund F
Chief of division
2,500
Cutts, Arthur D
do
2,200
Gross, Clyde E
do
2,200
Burton, Russell O
Bookkeeper
2,000
Yeatman, John P
Assistant bookkeeper..
2,000
Bock, Carl
Vault clerk
2,000
Wanamaker. William H
Teller
2,000
Barksdale, George T
Principal clerk
2,000
Crossen, Gail W
Clerk
2,000
Stewart, Adelia M
do
2,000
Thompson, George
do
2,000
Wilson, Charles F,
do.
2,000
A very, Antoinette
1,800
Clerk, class 4
.do.
1,800
Davenport, William S
.do.
1,800
Ellis, Harry B
.do.
1,800
Fuller, Jane L
.do.
1,800
Hicks, Tunis
..do.
1,800
Jaques, Clara L
.do.
1,800
Johnston, Edna E
.do.
1,800
Lewis, John O
.do.
1,800
Marble, George R
.do.
1,800
Owens, Walter J
Clerk, class 4, and bond clerk
Pennock, Carrie L
8 1,800
Clerk, class 4
Poultney, William W
1,800
do
1,800
Sithens, Charles H
do
1,800
Spencer, Norma H
1
The salary of the comptroller chargeable to the Bureau of the Comptroller of the Currency is $5,000;
as a member of the Federal Reserve Board the comptroller receives an additional annual compensation of
$7,000, making the total annual salary of the Comptroller of the Currency $12,000.
*8 See act of May 29,1920.
In addition $200 as bond clerk.
184
EEPOET OF THE COMPTROLLER OF THE CURRENCY.
185
TABLE N O . 2.—Names and compensation of officers and clerks in the office of the Comp-
troller of the Currency, October 31, 1922—Continued.
Grade.
Name.
Verrill, Harry M
Wilcox, Ephraim S
Braxton, Henry
Bulger, John C
Dalzell, Howard H
Devlin, Raymond E
Dobson, Opal M
Force, Laura
Frye, Ruby M
Hanlon, Margaret T
Herndon, John W
Herndon, Paul H
Hohenstein, Julian R
Hunt, Hermon
Jones, Margaret E
Judson, Alfred W
Knoch, Charles H
O'Mara, Vera L
Pumphrey, Carrie B
Reed, Samuel E
Reese, William H
Scheele, Frances B
Sullivan, Warren E
Whelan, Marjorie B
Wilson, Gordon K
Allred, Nell H
Baldwin, Wallace N
Bates, Mary E
Beall, Clara M
Bentley, Thomas B
Buckley, Regina C
Burlingame, Delia J
Cassady, Oscar M
Curtis, Philip F
Elmore, Annie L
Erickson, Bertha V
Fitzgerald, May E
Friedrichs, Minna K
Haley, John R
Heizer, Nannie B
Hillery, Rua
Isaac, John
Jamieson, William G..
Jorgenson, John A
Jump, Mollie C
Kelly, George .
Larson, Cornelius A
Lowell, Harriet B
Martin, Mary A
Mortimer, Mary H
Munnerlyn, Joseph A
Murphy, Desmond F
Murphy, Clara M
Smith, Helen M
Tewell, Franklin L
Tucker, Samuel M
Walker, Johanna S
Willard, Clara L
Andrews, Etta F
Archer, Olga
Barry, Gertrude I,
Brent, Juliet P
Chisholm, Elizabeth
Clagett, Dorothy L
Cook, George
Chiles, Charles R
Crocker, Henry A. D..
Deal, Jessie F
Dillard, John
Frock, Annie C
Gray, Chester H
Guckeyson, Harry C..
Gustafson, Charlotte A
Heizer, Helen V
Hewson, Ella
Hopkins, Edna I
Jenkins, Mary E
Kusch, Arthur S
Lavoie, Raymond E
McBride, Olga M
McCrone, Clara O'B
Magruder, Edith P
Mallet, Katherine H
Moncure, Frances W
18587°—23
Clerk, class 4
....do
Clerk, class 3
....do
....do
....do
....do
do
do
do
do.
do
!
do
do
!
do
do
do
Stenographer..
Clerk, class 3..
do
do
do
do
do
do.
Clerk, class 2..
do
do
do
do
do
Clerk-counter.
Clerk, class 2..
do
Clerk-counter.
Clerk, class 2..
do
do
do
do
do.
do.
Multigraph operator.,
Clerk, class 2
....do
Clerk-counter.
Clerk, class 2
....do
do
....do
....do
....do
Clerk-counter
Clerk, class 2
do
....do
....do
Clerk-counter.
Clerk, class 1
,
I
I
do.
do,
do,
do
do
do
do
Clerk-counter
Clerk, class 1
do
do
do
Clerk-counter
Clerk, class 1
do
...do
do
do
do
Clerk-counter
Clerk, class 1
Clerk-counter
Salary.
$1,800
1,800
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1 200
1,200
186
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 2.—Names and compensation of officers and clerks in the office of the Comp-
troller of the Currency, October 81, 1922—Continued.
Name.
Grade.
Mueller, Pauline
Nolan, Lida A
Parsons, Edith N
Phillips, Lena
Reading, Joseph G
Schiller, Ernestine H
Stewart, Walter H .
Taylor, Mathilde S
Wigginton, Norval P
Wilson, Mildred C
Wood, Kathleen
Young, Grace
Alexander, Daisy M
Anderson, Gunhilde C
Bales, Anna S
Brown, Edith L
. . .
Brumbaugh, Delia L
Burke, Madeline V.. . .*
Chapman, Mae
Chockley, Ruth C
Colburn, Nellie A
Dailey,
William
.
. .
Davidson,
Julia
Dillon, Minnie L
Dowden, Eleanor C
DuRant, Anna K
Dutrow, Mary H
. . . .
Duvall, Grace N
Easterday, William A
Gleason, J osephiiie A
Guy, Emily L
Haight, Phoebe E
Hall, Mary J
Hines, Lorena V
Kemether, Eva C
Marks, Grace
Miller Bellum
Montague, Anna F
McKinney, Elva L
O'Donnell, Josephine
Pennock, Emily E
Heese Aline
Rhodes, Marion A
Roberts, Victoria
Settle, May C. W
Sheward, Adelaide H
Simon Marie
Stout, Evelyn V
Thayer Olive M
Tschiffely, Lacey B. R
Watts, MettaF
White, Grace M
Yarborough, Eva . . .
Zoll Theresa
Burgess Myrtle C
Koontz, Clara E
Luhn Virginia E
Mann, Harry C .
...
Myers, Dorothy I
Nichols, Sada
Waldron, Sada
Blount, Silas A
Shelby, Magnus J
Simms, Harry C
Weeks, Katherine
Carroll, William B .
Hall, James
Tulloss, Frank
Garroll, John I
Childs, Harvey D
Mims, Alvin E
. .
Mosely, William
Taylor, John H
Whiteman, Edgar
Fullerton, Benj. S
Mundie, James F
Parsons, Raymond C
Taylor, Annie
Taylor, Mary F
.
.
. . .
. . .
. . . .
Salary.
Clerk-counter
Clerk, class 1
Clerk-counter
Clerk, class 1
. do . . . .
.....do
Multigraph operator... .
Clerk, class 1
. do .
. . .
. .. do
Clerk-counter
Clerk, class 1
Counter
Clerk, class E
Counter
... do
do
.. do . .
. .
.
Clerk, class E
Counter
..
Clerk, class E
. do . .
Counter
.. do . .
do
do
. . . do
do
Engineer
Clerk, class E
Counter
.
. . .
... .do
.do
do
do
. . .do
Clerk, class E
Counter
do
Clerk, class E
Counter
.do
Clerk, class E
Counter
do
Clerk, class E
Counter
Clerk class E
Counter
Clerk, class E
.....do
. . . do
do
do .
Counter
Clerk, class E
. do
Counter
Clerk, class D . .
do
Counter
Clerk, class D
do
.do
Counter
do
do
. . . do
do
...
.
.
. . . .
.
..
.
.
do
do
Assistant messenger
do
.do
Fireman
Assistant messenger
. do . .
Messenger boy
do
.
.
Charwoman
do
.. .
......
.
...
$1,200
1,200
1,200
1 200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,200
1,000
1,003
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1 000
1,000
1.000
1:000
1000
1,000
1 000
1,000
1,000
1 000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1 000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
900
900
900
900
900
900
900
840
840
840
840
840
840
840
720
720
720
720
720
720
480
420
420
240
240
187
KEPOKT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 3.—Number of national banks organized since February 25, 1863, number
passed out of the system, and number in operation October 31, 1922.
Total number organized
Number passed into voluntary liquidation
Number passed into liquidation upon expiration of corporate existence
Number consolidated under the act ofl Nov. 7,1918
Number placed in charge of receivers
3,097
208
86
612
Number passed out of the system
12,265
4,003
Number now in operation
8,262
i Exclusive of those restored to solvency.
TABLE NO. 4.—Authorized capital stock of national banks on the first day of each month
from January 1, 1914, to November 1, 1922, United States bonds and miscellaneous
securities (act May 30, 1908) on deposit to secure circulation, circulation secured by bonds
on deposit, circulation secured by miscellaneous securities, the amount of lawful money
on deposit to redeem circulation, and national-bank notes outstanding, including notes
of national gold banks.
[For prior years see annual report 1920.]
Date.
Circulation
United
secured
Num- Authorized States bonds
by United
ber of capital stock. on deposit
to
secure
States
banks.
bonds.
circulation.
1914.
January
February
March
April.
May..
June..
July..
August i
September
October
November
December
7,509
7,501
7,500
7,500
7,519
7,528
7,539
. 7,548
7,551
7,561
7,578
7,584
$1,070,139,175
1,069, 684,675
1,069,864,675
1,069,969,675
1,069,706,675
1,075, 711,675
1,074,239,175
1,073,734,175
1,073,524,175
1,075,684,175
1,072,492,175
1,074,074,675
1915.
January
February
March.
April..
May...
June...
July...
August
September
October
November
December
7,593
7,603
7,610
7,606
7,612
7,613
7,614
7,613
7,623
7,629
7,632
7,632
1,074,382,175
1,074,959,175
1.076, 434,175
1.075, 359,175
1,075,186,175
1.077, 436,175
1.076, 301,175
%076, 421,175
1,077 016,375
1,078,566,375
1,079,321,375
1,077,601,375
1916.
January
February
March
April
May
June
July
August
October
November
December
7,621
7,609
7,607
7 593
7,587
7,596
7,588
7,588
7,597
7,604
7,608
7,604
$743,066,500 $740,633,645
741,645, 500 736,194,233
741,445,500 736,509,838
740,603, 400 735, 445, 281
741,213,210 736,180,040
740,818,360 735, 423, 425
740,7%, 910 735, 528,960
735,222, 801
740,220,660
870,289,600 735, 851,383 $126,241,760
1,089, 281, 290 737,109,983 325,007,900
1,109,989,665 739,716,693 361,119,940
1,017,177, 241 740, 500, 821 270,078,236
Lawful
money on
deposit to
redeem
circulation.
Total
nationalbank notes
outstanding.
$17,209,316 $757, 842,961
17, 828, 533 754,022,766
16,658,993 753,168, 831
16,605, 018 752, 050, 299
15, 585,726 751, 765,766
16,131, 271 751, 554,696
15,142,939 750, 671,899
15,684, 220 750,907,021
15, 447,138 877,540,281
15,766, 893 1,077,884,776
20,632,278 1,121,468,911
101,420,019 1, 111, 999,076
720,332,713 150,836,692 168,541,616 1,039,711,021
723,174,853 67,307,165 191,724,115 982, 206,133
716,818,068 31,133,734 190, 078,639 938, 030, 441
718,984,138 15,154,695 165, 409,147 899, 547,980
722,193,808
6,582,581 139,016,678 867,793,067
725, 677,969
2,508,940 112,101,038 840, 287,947
725, 313,141
719, 561 93, 240, 891 819, 273,593
723,617,314
185, 245 80,798, 814 804, 601,373
722,9?8,831
181, 778 70,626,198 793, 786, 807
722,769,381
172,203 63,794, 876 786, 736, 460
735,146,743 722,754,924
171, 203 56, 991, 554 779, 917,681
55,677,100 776,365,653
731,496,540 720,633,061
55, 492
897,146,922
810,508,055
770,139. 524
751,289,635
742,687,871
738,666, 230
736, 43,751
735, 867, ^75
735,698, 808
$1,077,501,375 $730,337,740 $719,571,758
1,074,111,375 724,194,340 718,923,490
1,073,831,375 715,256,090 711 129,418
1,072,838,375 706,454,690 702,730,413
1,071,025,875 696,750,590 693,132,610
1,070,713,375 690,044,040 686,634,103
1,070,858,375 690,440,930 686,583,635
1,071,380,875 689,774,660 685,996,918
1,071,870,875 689,739,180 683,786,698
1,069,763,375 687,931,240 684,409,881
1,074,853,375 687,957,990 679,650,913
1,076,038,375 682,853,740 675,006,203
1917.
January
7,597
February
7,593
March
7,602
April
7,600
7,607
May
7,616
June
7,635
July
7,641
August
September... 7,661
7,664
October
7,671
November
7,676
December
1
Subsequent to this
bonds.
Circulation
secured
by miscellaneous
securities.
$51,765,450 $771,337,208
47,468,578 766,392,068
51,866,895 762,996,313
55,706,278 758,436,691
60,622,296 753,754,906
62,045,070 748,679,173
57,591,025 744,174,660
54,324,278 740,321,196
50,707,153 734,493,851
48,900,332 733,310,213
46,418,377 726,069,290
49,199,416 724,205,619
1,075,733,375 677,315,840 674,659,613
52,165,627 726,825,240
1,075,438,375 675,415,840 670,717,615
50,540,476 721,258,091
1,078,037,875 674,992,080 671,001,858
47,118,057 718,119,915
1,078,577,865 664,526,370 661,371,468
56,191,132 717,562,600
1,083,307,865 667,587,120 664,245,448
53,245,374 717,490,822
1,085,662,865 669,392,710 666,344,773
50,241,202 716,585,975
1,087,287,865 671,333,060 667,670,433
47,749,577 715,420,010
1,091,197,865 673,121,730 670,367,175
45,416,747 715,783,922
43,223,059 717,737,715
1,094,627,865 677,818,430 674,514,656
41,396,305 716,578,382
1,094,952,865 678,134,370 675,182,077
39,573,272 716,276,375
1,096,637,865 679,440,210 676,703,103
678,9*8,778
681,565,810
38,103,287 717,052,065
1,097,270,065
date, and to December, 1916, miscellaneous securities included with United States
188
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 4.—Authorized capital stock of national banks on the first day of each month
from January 1, 1914, to November 1, 1922, United States bonds and miscellaneous
securities (act May 30,1908) on deposit to secure circulation, circulation secured by bonds
on deposit, circulation secured by miscellaneous securities, the amount of lawful money
on deposit to redeem circulation, and national-bank notes outstanding, including notes
of national gold banks—Continued.
1
Date.
Circulation
United
secured
Num- Authorized States bonds
ber of capital stock. on deposit
by United
banks.
States
to secure
bonds.
circulation.
1918.
January
February
March
April
May
June
July.....
August
September...
October
November
December
7,688 $1,097,555,065 $683,581,260 $681,814,981
7,687 1,098,240,065 684,508,260 681,521,546
1,095,700,065 685,349,410 680,992,731
7,696 1,097,015,065 688,060,510 684,667,148
7,703 1,097,505,065 688,969,710 686,098,360
7,707 1,098,215,065 691,579,160 687,998,070
7,718 1,099,170,065 690,384,150 687,326,508
7,730 1,101,840,065 690,831,260 687,577,695
7,745 1,104,675,065 682,411,730 680,209,970
7,764 1,107,364,065 683,026,300 678,465,863
7,765 1,108,124,065 684,446,440 679,637,575
7,776 1,110,761,165 684,468,950 676,431,533
1919.
January
February
March
April
May
June
July
August
September
October
November
December
7,781
7,781
7,777
7,785
7,792
7,803
7,824
7,829
7,860
7,865
7,900
7,916
1,110,936,165
1,108,259,165
1,107,404,165
1,110,104,165
1,111,809,165
1,115, 054,165
1,123,819,165
1,135,149,165
1,141,329,165
1,143,299,165
1,155,139,165
1,157,229,165
684,648,950
683,004,450
683,342,450
688,183,250
689,878,300
691,052,300
692,252,950
693,343,210
694,621,710
696,288,160
695,822,060
698,196,300
683,661,878
680,025,471
679,799,125
684,292,440
686,157,475
685,612,243
683,086,600
686,278,555
689,235,005
687,460,223
687,666,753
688,995,580
39,867,332
41,903,027
42,080,347
40,194,752
38,973,647
37,152,677
36,190,333
34,629,207
35,328,665
34,024,987
34,727,572
33,146,580
723,529,210
721,928,498
721,879,472
724,487,192
725,131,122
722,764,920
719,276,933
720,907,762
724,563,670
721,485,210
722,394,325
722,142,160
1920.
January
February
March
April
May
June
July
August
September...
October
November
December
7,948
7,955
7,978
8,009
8,031
8,072
8,093
8,111
8,130
8,144
8,157
8,166
1,161,439,165
1,177,719,165
1,184,809,165
1 195,309,165
1,217,074,265
1,223,278,265
1,229,429,765
1,242,084,765
1,252,519,765
1,255,929,765
1,273,949,765
1,274,859,765
699,357,550
699,936,250
701,469,450
702,846,200
704,884,000
706,307,750
707,963,400
709,436,400
711,000,900
711,839,000
712,066,500
714,888,640
691,689,258
689,748, 578
691,498,
692,104,
686,225,
689,327,
698,099;
698,592,
699,461,
704,732,
706,600.
32,649,434
33,241,792
32,892,677
32,439,832
31,288,577
31,039,887
29,710,095
_28,363,714
^17,403,924
27,015,647
27,817,444
27,410,317
724,338,692
733,108,190
722,641,255
723,938,752
723,392,772
717,264,887
719,037,730
726,463 704
725,996,052
726,477,082
732,549,629
734,010,797
1921.
January
February
March
April
May
June
July
August
September..
October
November
December
8,173
8,179
8,185
8,181
8,184
8,179
8,178
8,181
8,187
8,187
8,179
8,188
1,272,464,765
1,272,670,565
1,276,780,565
1,271,285,565
1,277,675,565
1,274,445,565
1,276,720,565
1,281,770,565
1,283,035,565
1,285,120,565
1,281,995,565
1,283,755,565
715,325,440
714,973,190
716,966,190
719,049,440
720,012,440
722,491,590
722,898,440
723,675,190
724,770,490
727 002,490
727,512,490
728,351,240
695,900,770
689,592,883
697,728,580
702,948,007
691,643,480
709,657,145
712,763,865
702,570,407
711,000,205
715,836,355
716,304,820
723,023,965
27,376,452
30,061,044
30,065,284
29,870,477
32,172,872
30,936,214
30,526,509
29,848,772
28,148,669
27,402,759
26,984,027
26,283,132
723,277,222
719,653,927
727,793,864
732,818,484
723,816,352
740,593,359
743,290,374
732,419,179
739,148,874
743,239,114
743,288,847
749,307,097
1922.
January
February
March
April
May
June
July
August
September
October
November
8,207
8,213
8,217
8,231
8,250
8,263
8,274
8,265
8,265
8,262
8,262
1,286,265,565
1,288,220,565
1,296,345,565
1,298,961,565
1,303,031,565
1,305,931,565
1,315,476,565
1,317,271,415
1,316,017,915
1,314,938,715
1,316,968,715
728,523,240
729,425,740
729,702,240
730,016,940
731,693,690
733,876,590
734,546,300
735,160,690
735,460,690
737,501,940
737,660,690
724,235,815
724,480,758
727,465,523
727,838,900
729,526,135
730,203,870
732,585,640
732,467,585
733,623,525
734,465,283
734,520,475
25,932,109
25,130,609
24,569,959
24,840,522
25,096,414
25,696,832
25,616,387
25,603,977
26,082,024
26,285,914
26,158,712
750,167,924
749,611,367
752,035,482
752,679,422
754,622,549
755,900,702
758,202,027
758,071,562
759,705,549
760,751,197
760,679,187
Circulation
secured
by miscellaneous
securities.
Lawful
money on
deposit to
redeem
circulation.
$37,397,649 $719,212,630
36,311,669 717,833,215
37,047,274 718,040,005
36,252,359 720,919,507
36,189,817 722,288,177
35,989,575 723,987,645
36,878,977 724,205,485
36,150,417 723,728,112
44,108,682 724,318,652
43,467,307 721,933,170
41,833,562 721,471,137
40,421,622 716,853,155
NOTE.—Notes redeemed but not assorted not included in circulation outstanding.
Total
nationalbank notes
outstanding.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
189
TABLE NO. 5.—National banks reported in liquidation from November 1, 1921, to
October SI, 1922, the names, where known, of succeeding banks in cases of succession,
and date of liquidation and capital.
Name and location of bank.
First National Bank of Reedley, Calif. (8857), acquired by Valley Bank of Fresno,
Calif.
Duncan National Bank, Duncan, Okla. (7289), acquired by First National Bank
of Duncan
First National Bank of Wakefield, Nebr. (5368), acquired by Farmers National
Bank of Wakefield
First National Bank of Van Nuys, Calif. (10168), acquired by California Bank of
Los Angeles, Calif.
American National Bank of Homer, La. (11621), acquired by Commercial National
Bank of Homer
.'
New York County National Bank, New York, N. Y. (1116), acquired by The
Chatham & Phoenix National Bank of the city of New York
First National Bank of Huntington Beach, Calif. (7868), acquired by Guaranty
Trust & Savings Bank of Los Angeles, Calif
First National Bank of Fresno, Calif. (3321), acquired by Bank of Italy, San Francisco, Calif
First National Bank of Rio Vista, Calif. (10719), purchased by State Bank of Rio
Vista
First National Bank of Los Banos, Calif. (9933), acquired by Bank of Italy, San
Francisco, Calif
American Marine National Bank of Los Angeles, Calif. (11729), purchased by Los
Angeles Trust & Savings Bank
Second National Bank of the city of New York, N. Y. (62), absorbed by The
National City Bank of New York
First National Bank of Walnut Ridge, Ark. (9332), absorbed by Lawrence County
Bank, Walnut Ridge
.
;.....
.
County National Bank of Lock Haven, Pa. (11692), absorbed by The Lock Haven
Trust & Safe Deposit Co., Lock Haven
First National Bank of Huntington Park, Calif. (11587), absorbed by The
Industrial Bank, Vernon, Calif
American National Bank of Roswell, N. Mex. (6714), assumed by The Citizens
National Bank of Roswell.
Allen National Bank of Edna, Tex. (8123), assumed by Jackson Countv State
Bank of Edna
Date of
liquidation.
1921.
Oct. 31
Capital.
$100,000
28
60,000
Nov. 17
25,000
Nov. 10
100,000
Oct.
Nov. 12
50,000
Nov. 21
1,000,000
Sept. 20
Oct.
24
75,000
500,000
Nov. 12
50,000
Nov. 2
50,000
Oct.
1
200,000
Dec.
31
1,000,000
...do....
250,000
..do
40,000
Dec.
28
50,000
Dec.
10
100,000
Dec.
31
30,000
Broadway National Bank of Buffalo, N. Y. (11319), succeeded by Broadway
State Bank of Buffalo
Continental National Bank of Sioux City, Iowa (10518), absorbed by Sioux National
Bank in Sioux City
Amherst National Bank of Buffalo, N. Y. (11883), succeeded by Amherst State
Bank,Buffalo
Citizens National Bank of Tyndall, S. Dak. (11637), absorbed by The First National
Bank of Tyndall
First National Bank of Stephenville, Tex. (4095), absorbed by Farmers Guaranty
State Bank of StephenviUe
1922.
Jan. 16
300,000
Jan.
10
250,000
Jan.
19
200,000
Jan.
21
25,000
Jan.
10
75,000
Lakewood National Bank of Lakewood, N. Mex. (8782), absorbed by The First
National Bank of Loving, N. Mex
1921.
Dec. 31
25,000
First National Bank of Niland, Calif. (11699), succeeded by Farmers Bank of
Imperial Valley, Niland
Farmers National Bank of Stephenville, Tex. (8054), absorbed by Farmers Guaranty State Bank, Stephenville
First National Bank of South Sioux City, Nebr. (11835), absorbed by Nebraska
State Bank of South Sioux City
1922.
Feb. 1
25,000
Jan.
10
50,000
Jan.
11
25,000
State National Bank of San Antonio, Tex. (10793), absorbed by City National
Bank of San Antonio
1921.
Dec. 24
500,000
Commercial National Bank of Fremont, Nebr. (4504), absorbed by The Union
National Bank of Fremont
First National Bank of Menno, S. Dak. (11323), absorbed by Exchange State Bank
of Menno
Selma National Bank, Selma, Calif. (10293), absorbed by The Valley Bank, Fresno,
Calif.
National Bank of Commerce of Pauls Valley, Okla. (6639), absorbed by The First
National Bank of Pauls Valley
Hackensack National Bank, Hackensack, N. J. (5921), absorbed by Hackensack
Trust Co., Hackensack
City National Bank of Evansville, I n d . l (6200), succeeded by The National City
Bank of Evansville
Capital National Bank of Montgomery, Ala. (8460), absorbed by The Alabama Bank
& Trust Co. of Montgomery
1922.
Feb. 16
100,000
Jan.
11
25,000
Feb.
9
50,000
Jan.
10
50,000
Mar.
6
100,000
Mar.
7
350,000
Feb. 15
First National Bank of Tupelo, Miss. (4521), purchased by Peoples Bank & Trust Co., 1921.
Tupelo
Mar. 10
1
Expired by limitation.
200,000
50,000
190
REPORT OF THE COMFTROIXER OF THE CURRENCY.
TABLE N O . 5.—National
banks reported in liquidation from November 1, 1921, to
October 31, 1922, the names, where known, of succeeding banks in cases of succession,
and date of liquidation and capital—Continued.
Name and location of bank.
Date of
liquidation.
1922.
First National Bank of Roby, Tex. (5865), absorbed by First State Bank of Roby
First National Bank of Berkeley, Calif. (5380), absorbed by Mercantile Trust Co. of Mar. 15
San Francisco, Calif
First NationalBank of Rosedale, Miss. (10745), succeeded by The Rosedale National Mar. 4
Bank, Rosedale
National State Bank of Mount Pleasant, Iowa (922), absorbed by First National Mar. 6
Bank of Mount Pleasant
Dupont National Bank, Washington, D. C. (10825), absorbed by Merchants Bank Mar. 10
& Trust Co., Washington
First National Bank of Harrisburg, Pa. (201), absorbed by Commonwealth Trust Apr. 1
Co. of Harrisburg
Haymarket National Bank of Boston, Mass. (11790), absorbed by Massachusetts Mar. 29
Trust Co. of Boston
Essex National Bank of Montclair, N. J. (9577), purchased by Montclair Essex Trust Mar. 31
Co., Montclair
Apr. 8
First NationalBank of ReedPoint, Mont. (11334)
Stockmens National. Bank of Hardin, Mont. (11070), succeeded by Hardin State
Apr. 11
Bank, Hardin
First National Bank of Antelope, Mont. (11350), absorbed by Citizens State Bank
Mar. 18
of Antelope
Oceanic National Bank of Boston, Mass. (11859), absorbed by Metropolitan Trust
Mar. 6
Co. of Boston
Border National Bank of Eagle Pass, Tex. (5181), absorbed by The First National
Apr. 1
Bank of Eagle Pass
City NationalBank of Canton, Ohio (2489), absorbed by Geo. D. Harter Bank of
Jan. 21
Canton.
First National Bank of Paso Robles, Calif. (9844), absorbed by Bank of Italy, San
Francisco, Calif
, Apr. 10
Rideout Smith National Bank of Oroville, Calif. (10282), absorbed by Bank of Italy,
Apr. 12
San Francisco, Calif
Collinsville National Bank, Collinsville, Tex. (11325), succeeded by The Security
...do....
State Bank of Collinsville
Apr. 1
First National Bank of Columbus, N. Mex. (11449), absorbed by First National Bank
in Deming, N. Mex
Mar. 30
Commercial National Bank of Sandusky, Ohio (6455), succeeded by Commercial
Banking & Trust Co. of Sandusky
May 1
First National Bank of Beaver City, Utah (9119), succeeded by State Bank of Beaver
County. Beaver City
.do..
First National Bank of Delta, Utah (11529), absorbed by Delta State Bank, Delta.. Apr. 25
First National Bank of Bakersfield. Calif.2 (11327), absorbed by Bank of Italy, San
Francisco, Calif.; Maricopa branch absorbed by Bank of Maricopa, Calif.
May 3
Redlands National Bank, Redlands, Calif. (7259), absorbed by Hellman Commercial Trust & Savings Bank of Los
Angeles,
Calif
May 14
National Bank of Delphos, Ohio1 (6280), succeeded by The Old National Bank of
Delphos
..do....
First National Bank of Lancaster, S. C. (7858), absorbed by the First Bank & Trust
May 15
Co. of Lancaster
Shelby National Bank, Shelby, N. C. (7959), succeeded by Union Trust Co. of Shelby
Merchants National Bank of Glens Falls, N. Y. (4846), absorbed by The National May 17
May 27
Bank of Glens Falls
First National Bank of Wylie, Tex. (5483), absorbed by First State Bank of Wylie. May 31
...do
First National Bank of Kimberly, Idaho (10969), absorbed by Bank of Kimberly.
Fairfleld National Bank, Fairfield, Iowa (8986), absorbed by Iowa Loan & Trust
June 1
Co.ofFairfield
National Bank of Chesapeake City, Md. (6845), absorbed by The Elkton Banking
May 12
& Trust Co. of Maryland, Elkton, Md
National Bank of Dinuba, Calif. (12160), absorbed by First National Bank of
June 21
Dinuba
Jenkintown National Bank, Jenkintown, Pa. (2249), absorbed by Jenkintown
July 1 I
Trust Co
First National Bank of Grant City, Mo. (3380), succeeded by Farmers Trust Co.
of Grant City
, ...do
I
Buckeye National Bank of Findlay, Ohio (3477), absorbed by Commercial Bank &
Savings Co. of Findlay
June 30
First National Bank of Newburyport, Mass. (279), absorbed by First & Ocean
National Bank of Newburyport
June 29
First NationalBank of Glendale, Calif. (7987), succeeded by Security State Bank
of Glendale
July 6
First NationalBank of South Pasadena, Calif. (8544), succeeded by Security State
Bank of South Pasadena
July 7
First NationalBank of Redlands, Calif. (3892), absorbed by Los Angeles Trust &
June 30
Savings Bank, Los Angeles, Calif
First National Bank of Visalia, Calif. (7063), absorbed by Los Angeles Trust &
...do....
Savings Bank, Los Angeles, Calif
First National Bank of Hollywood, Calif. (7543), absorbed by Los Angeles Trust &
Savings Bank, Los Angeles, Calif
.do.
2 With 3 branches.
Capital.
$40,000
300,000
125,000
100,000
200,000
200,000
200,000
150,000
25,000
40,000
25,000
200,000
100,000
240,000
100,000
300,000
25,000
25,000
150,000
25,000
30,000
400,000
150,000
60,000
50,000
50,000
100,000
25,000
25,000
60,000
25,000
50,000
125,000
25,000
100,000
150,000
50,000
50,000
175,000
300,000
25,000
REPORT OF THE C0MPTROU0ER OF THE CTTRRESTCY.
191
TABLE NO. 5.—National banks reported in liquidation from November 1, 1921, to
October 31, 1922, the names, where known, of succeeding banks in cases of succession,
and date of liquidation and capital—Continued.
Name and location of bank.
Farmers & Merchants National Bank of Hanford, Calif. (7658), absorbed by Los
Angeles Trust & Savings Bank, Los Angeles, Calif
City National Bank in Long Beach, Calif. (8870), absorbed by Los Angeles Trust &
Savings Bank, Los Angeles, Calif
Lindsay National Bank, Lindsay, Calif. (9710), absorbed by Los Angeles Trust &
Savings Bank, Los Angeles, Calif
National Bank of Tulare, Calif. (10201), absorbed by Los Angeles Trust & Savings
Bank, Los Angeles, Calif
Silver Bow National Bank of Butte City, Butte, Mont. (4283), absorbed by Metals
Bank & Trust Co. of Butte
Atlantic National Bank of The City of New York (1080), absorbed by Bank of
America, New York, N. Y
First NationalBank of Taos, N . Mex. (11102), succeeded by First State Bank of
Taos.
First National Bank of Oxnard, Calif. (9481), absorbed by Los Angeles Trust &
Savings Bank, Los Angeles, Calif
First National Bank of Ozone Park, New York, N. Y. (8865), absorbed by Manhattan Co. of New York
Bank of New York National Banking Association, New York, N. Y. (1393), succeeded by The Bank of New York
,
Second National Bank of Baltimore, Md. (414), absorbed by Merchants National
Bank of Baltimore
First NationalBank of Walnut Creek, Calif. (10281), absorbed by San Ramon Valley Bank of Walnut Creek
Union Exchange NationalBank of New York, N. Y. (9360), absorbed by The Chatham & Phoenix National Bank of The City of New York
Florida NationalBank of Gainesville, Fla. (10310), succeeded by Florida Bank &
Trust Co. of Gainesville
First National Bank of Woodland, Calif. (9493), absorbed by Bank of Italy, San
Francisco, Calif
Southwest NationalBank of Dodge City, Kans.»( 10918), absorbed by State Bank
of Dodge City
First National Bank of Union Bridge, Md. (9066), absorbed by Central Trust Co.
of Maryland, Frederick, Md
First National Bank of Calipatria, Calif. (10687), absorbed by Imperial Valley
Bank of Brawley, Calif.
Union NationalBank of San Luis Obispo, Calif. (7877), absorbed by Bank of Italy,
San Francisco, Calif
Lincoln National Bank of Minneapolis, Minn. (11178), absorbed by Northwestern
National Bank of Minneapolis
National State & City Bank of Richmond, Va. (8666), absorbed by State & City
Bank & Trust Co. of Richmond
First NationalBank of Brawley, Calif. (9673), succeeded by State Bank of Brawley
(which was merged with Imperial Valley Bank of Brawley, Calif.)
Fairfield County National Bank of Nor walk, Conn. (754), succeeded by Fairfield
County Bank & Trust Co. of Norwalk.
Home National Bank of Baird, Tex. (5493),absorbed by First Guaranty State
Bank of Baird
National Bank of Commerce, Yankton, S. Dak. (11653), absorbed by the First
National Bank of Yankton
First NationalBank of Richmond, Calif. (9735), absorbed by Mercantile Trust Co.,
San Francisco, Calif
Ravenna NationalBank, Ravenna, Ohio (6466), absorbed by First Savings Bank
& Trust Co., Ravenna
Total (103 banks).
Date of
liquidation.
Capital.
$100,000
100,000
100,000
100,000
200,000
1,000,000
50,000
250,000
50,000
2,000,000
500,000
25,000
1,000,000
200,000
125,000
60,000
25,000
100,000
100,000
500,000
1,000,000
150,000
200,000
50,000
50,000
100,000
100,000
18,910,000
TABLE NO. 6.—Capital stoch surplus, undivided profits, and aggregate resources of national banks consolidated under act oj November 7,1918, for
year ended October 31, 1922, as shoiun by their last reports prior to consolidation.
to
Closing banks.
Charter
Title and location.
No.
State.
12021
N. Y. $2,500,000
862
12034
5031
10409
12108
3415
12137
12127
12151
12194
The Metropolitan
National Bank of
the City of New
York.
The Tioga National Bank of Owego*
The Alliance National Bank, Alliance.
The
Greensboro
National Bank,
Greensboro.
Continuing banks.
Capital. Surplus.
Undivided
profits.
Aggregate resources.
C1)
Charter
No.
2370
1921.
N . Y . . $15,000,000 $15,000,000 $7,698,237 $371,377,822 Sept. 6
1921.
Nov. 22
860,355 Dec. 31
Dec, 31
Ohio..
100,000
100,000
101,796
2,832,527 . . . d o
1922.
Jan. 30
2,094,783
10112
N.C..
600,000
150,000
111,227
6,942,253 . . . d o
Feb. 21
438,552
219
The American E x change National
Bank of Greensboro.
The First National
Bank of Greencastle.
The Grand Rapids
National
City
Bank,
Grand
Rapids.
Mercantile National
Bank in New
York.
Ind...
75,000
41,000
7,054
830,054 . . . d o
Feb. 27
Mar. 13
43,788
3,421,273
N.C..
100,000
100,000
42,821
The Citizens National B a n k of
Greencastle.
The City National
B a n k of Grand
Rapids.
Ind...
50,000
10,000
17,792
2,728,017
3293
The Seaboard National B a n k of
t h e City of New
York.
The Rittenhouse
National Bank of
Philadelphia.
The National Bank
of Lemoore.
T h e Continental
National Bank
of Norfolk.
The Hamilton National Bank of
Washington.
N . Y . . 3,000,000 3,000,000 2,931,715 67,449,745
12123
$386,846 2996
Calif..
100,000
50,000
16,183
1,074,473 7779
Va....
350,000
150,000
49,117
2,734,412
D.C..
200,000
Date of
consolidation.
The First National
Bank of Alliance.
150,000
0)
Date of
reports.
3721
150,000
0)
Aggregate resources.
28,104
Ohio.
500,000
Undivided
profits.
50,000
$5,715
Pa....
Surplus.
50,000
$10,000
105,633
Capital.
N.Y..
50,000
200,000
The Chase National
Bank of the City
of New York.
State.
The Owego National Bank, Owego.
N. Y.
Mich..
Title and location.
10194
5046
Mich..
1,000,000
200,000
131,929
1922.
10,163,375 Mar. 10
N. Y . .
1,000,000
500,000
745,686
22,016,219 . . . d o
Mar. 31
The Corn Exchange P a . . . .
National Bank of
Philadelphia.
The First National Calif..
Bank of Lemoore.
The Seaboard Na- Va
tional B a n k of
Norfolk.
The Riggs National D . C . .
Bank of Washington, D. C.
2,000,000
4,000,000 1,658,300
50,880,687 . . d o
Apr. 25
50,000
20,000
1,921
500,000
250,000
188,172
6,952,225 May
2,000,000
754,091
28,919,667 . . . d o
1,000,
558,922.
.do
Apr. 26
5
May
6
June 10
804
3572
431
6548
12224
12204
4310
12249
2880
The First National Ind...
Bank of New
Castle.
Passaic National N.J...
Bank, Passaic.
100,000
40,000
5,692
500,000
500,000
158,462
632,794
5,631,394 12205
The First National N.J... 200,000 400,000 104,840 6,431,007
BankofCamden.
10,024
The Peoples Na- W. Va.
909,427
75,000 40,000
tional Bank of
Sistersville.
The Lincoln Na- N.Y.. 2,000,000 1,000,000 326,580 28,804,904
tional Bank of
New York.
The Leesburg Upperville National
Bank of LeesThe National Bank
of the Republic
at Salt Lake
City.
The Ninth National Bank of Atlanta.
The Utah National
xjanK oi ogaen.
American National
Va....
25,000
Utah..
300,000
525
350,000
Ga . . . . . 325,000
9852
1209
5028
1250
130,885
3917
35,236
6,054,447
9403
1,977
845,959
5045
Utah..
500,000
100,000
61,244
D.C..
600,000
220,000
148,636
3,529,73
2597
~Ty — —
— ~l_ y-n-f / ~ \ / r r 1 A r t
6716
6,118,177 10316
Jb>anK oi wasnington.
T o t a l (21
banks).
L
11,825,000 6,120,000 4,065,989 139,416,841
Did not report prior to consolidation.
100,000
35,000
23,874
991,934 ...do
The Farmers Na- Ind...
tional Bank of
New Castle.
(i)
650,000
Passaic National N. J...
...do
Bank & Trust
Company, Passaic •
2,108 10,039,339 June 30
500,000
500,000
The National State N.J...
x5<jnK o i v^cHmien.
28,103
100,000
50,000
1,179,539 ...do
The Farmers and W. Va.
Producers National Bank of
Sistersville.
The Mechanics & N. Y.. 10,000,000 10,000,000 7,809,441 260,253,219 ...do
Metals National
Bank of the City
of New York.
100,000
100,000
63,460 2,311,237 ...do
The Peoples Na- Va....
tional Bank of
Leesburg.
39,224
The Continental Utah..
3,833,788 Sept. 15
250,000
100,000
National Bank of
Salt Lake City.
The Fourth Na- Ga.... 1,200,000 1,800,.000 583,562 27,393,181 ...do
tional Bank of
Atlanta.
200,000
183,878 2,864,318 ...do
150,000
The First National Utah..
-t>anjv oi ugden.
D
.
C
.
.
168,029
7,622,003 ...do
250,000
500,000
Federal National
Bank of Washington.
T o t a l (21
34,925,000 35,346,000 20,328,206 818,822,676
banks).
June 21
June 22
June 30
July 3
July 22
Aug. 1
W
Sept. 30
b
g
Do.
Oct. 2
Oct. 31
o
p
w
o
CO
194
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 7.— United States bonds on deposit to secure circulating notes of national
banks in the years ended Oct. SI, from 1900 to 1922.
Year.
United States bonds held as security for circulation.
Number of
4 per cent
3 per cent
5 per cent
banks. 2 per cent conbonds.
bonds.
sols of 1930.
bonds.
1900.
3,871
$1,019,950
C o n s o l s of
1930,
270,006,600
1901.
4,221
12,500
C o n s o l s of
1930,
316,625,650
1902-
4,601
320,738,000
1903.
5,147
376,003,300
1904.
5,495
416,972,750
1905.
5,858
483,181,900
1906.
6,225
492,170,650
1907.
6,620
532,543,550
1908,
6, 873
554,700,700
1909.
7,025
573,328,450
1910.
1911.
1912
1913,
1914
1915
1916
1917
1918
1919
1920
1921
1922,
7,218
7,331
7,428
7,514
7,578
7,632
7,608
7,671
7,765
7,900
8,157
8,179
8,262
580,145,400
593,006,600
601,762,600
604,264,950
606,622,300
600,678,600
567,690,250
555,514,950
561,848,600
555,094,950
570,372,500
576,522,950
581,493,950
C o n s o l s of
1907,
Loan of 1898, Loan of 1904,
$13,544,100
3 per cent,
5 per cent,
Loan of 1895,
$7,756,580
$1,293,000
7,503,350
C o n s o l s of
1907,
3,983,780
6,032,000
268,900
Loan of 1895,
2,911,100
C o n s o l s of
1907,
6,056,720
s
8, 248,450
1,100,900
Loan of 1895,
I
2,208,600
C o n s o l s of
1907,
1,797,580
2,979,200
718,650
Loan of 1895,
1,410,100
C o n s o l s of
1907,
1,922,940
5, 857,500
Loan of 1895,
1,791,600
' C o n s o l s of
1907.
2,215,540
4,050,350
Loan of 1895,
4,465,000
C o n s o l s of
(2 p e r c e n t
1907,
Panama
25,124,650
3,273,700 J Canal.
Loan of 1895,
14,482,080
4,602,100
/Loan of 1895, \
6,490,080
17,245,380
\
10,732,900
38,558,680
13,936,500
10,468,520 Certificates of
14,960,450
indebtedness
3 per cent.
2 per cent 1936
f4 per cent loan 3 per cent 1908a n d 1938,
I of 1925,
1918,
Panama
[
15,463,050
14,575,560
Canal.
76,178,680
15,337,540
21,022,650
78,420,480
IS, 199, 380
22, 854,300
80,110,040
20,419,220
26, 817,000
81,258,460
22,245,100
35,302, 700
81, 701,240
21,447,180
34,699,300
81,971,820
20,377,720
32,304, 800
81,614,420
15,984. 680
26,214,400
78,068,660
17,715,220
34,743, 900
71,466,140
32,240
50,240, 800
72,324,800
58,055,050
72,672,060
68,578,000
73,116,000
77,257,400
73,732,140
82,509,900
73,656,840
Total.
$301,123,580
329,833,930
338,352,670
382,726,830
426,544,790
493,912,790
539,653,180
567,011,910
632,624,850
679,545,740
694,926,070
714,170,320
730,257,280
743,513,990
744,740,600
734,975,540
687,957,990
679,440,210
684,446,440
695, 822,060
712,066,500
727,512,490
737,660,690
T A B L E N O . 8.—Profit on national
bank circulation, based upon a deposit of $100,000 United States consols of 1930, loan of 1925, and Panama
loan, at the average net price, monthly, during the year ended October 31, 1922.
Canal
CONSOLS OF 1930.
Receipts.
Cost of
bonds.
Date.
Circulation obtainable.
Profit on circulation
in excess of 6 per
cent on the investment.
Deductions.
Net
receipts.
Interest
on circulation
Gross
less 5
on bonds. per cent receipts.
redemption fund.
Interest
Tax.
Expenses
Sinking
fund.
Interest
on cost
of bonds
at 6 per
cent.
Total.
Amount.
Per cent.
a
o
1921.
November
|
$100,000
December
i
101,214
$100,000
100,000
$2,000
2,000
$5,700
5,700
$7,700
7,700
$500
500
$62.50
62.50
$92.78
114.07
$655.28
676.57
$7,044.72
7,023.43
$6,060.00
6,072.84
$984.72
950.59
0.975
.939
100,997
101,886
103,197
100,000
100,000
100,000
1
2,000
2,000
2,000
5,700
5,700
5,700
7,700
7,700
7,700
500
500
500
62.50
62.50
62.50
6,059.82
6,113.16
6,191.82
982.79
902.12
737.51
.973
.885
.715
100,000
100,000
100,000
100,000
100,000
100,000
2,000
2,000
2,000
2,000
2,000
2,000
5,700
5,700
5,700
5,700
5,700
5,700
62.50
62.50
62.50
62.50
62. 50
62.50
C1)
7,042.61
7,015.28
6,929.33
C)
657.39
684.72
770.67
0)
500
500
500
500
500
500
94.89
122.22
208.17
1
192.19
194.76
203. 85
213.17
217. 86
204.43
754.69
757.26
766.35
775.67
780.36
766.93
6,945.31
6,942.74
6,933. 65
6,924.33
6,919. 64
6,933.07
6,172.50
6,172.50
6,178.14
6,183. 78
6,185.28
6,171.48
1922.
January...
February...
March
April
May
June
July........
August
September.
October
C1)
102,875
102,875
102,969
103,063
103,088
102,858
C)
0)
7,700
7,700
7,700
7,700
7,700
7,700
0)
0)
772.81
770.24
755.51
740. 55
734.36
761.59
0)
.751
.749
.734
.719
.712
.740
H
H
o
d
a
KJ
to
TABLE NO. 8.—Profit on national banh circulation, based upon a deposit of $100,000 United States consols of 1930, loan of 1925, and Panama Canal
loan, at the average net price, monthly, during the year ended October SI, 1922—Continued.
FOURS OF 1925.
Receipts.
Date.
November
December
January
February
March
April
May
June
July
August
September
October
Cost of
bonds.
Circulation obtainable.
Deductions.
Interest
on circuGross
Interest lation
less 5 receipts.
on bonds. per
cent
redemption fund.
Net
receipts.
Tax.
Expenses. Sinking
fund.
1921.
Total.
Interest
on cost
of bonds
at 6 per
cent.
Profit on circulation
i n excess of 6 per
cent on the investment.
Amount.
Per cent.
$104,326
104,599
$100,000
100,000
$4,000
4,000
$5,700
5,700
$9,700
9,700
$1,000
],000
$62.50
62.50
$1,232.83
1,349.00
$2,295.33
2,411.50
$7,404.67
7,288,50
$6,259.56
6,275.94
$1,145.11
1,012.56
104,460
104,655
104,776
105,163
105,000
100,000
100,000
100,000
100,000
100,000
1
5,700
5,700
5,700
5,700
5,700
62.50
62.50
62. 50
62.50
62.50
1
C
)
62.50
62. 50
62. 50
62.50
1,347.50
1,449.78
1,534.46
1,712.63
1,713.99
2.410.00
2,512.28
2,596.96
2,775.13
2,776.49
7,290.00
7,187. 72
7,103.04
6,924.87
6,923.51
6,267.60
6,279.30
6,286.56
6,309. 78
6,300.00
1,022.40
908.42
816.48
615.09
623.51
1
100,000
100,000
100,000
100,000
9,700
9,700
9,700
9,700
9,700
(l)
9,700
9,700
9,700
9,700
1,000
1,000
1,000
1,000
1,000
104,808
104,750
104,480
104,068
4,000
4,000
4,000
4,000
4,000
(l)
4,000
4,000
4,000
4,000
1,765.27
1,807.69
1,769. 24
1,669.15
2, 827.77
2,870.19
2,831.74
2,731.65
6,872.23
6,829.81.
6,968.35
6,288.48
6,285.00
6,268.80
6,244.08
583.75
544.81
599.46
724.27
$7,116.09
7,116.87
$6,030.00
6,028.86
$1,086.09
1,088.01
1.081
1.083
6,044.04
6,111. 84
6,187.50
1,061.49
943.77
811.52
1.054
927
787
1922.
C)
0)
5,700
5,700
5,700
5,700
0)
1,000
1,000
1,000
1,000
C)
.979
.868
.779
.585
.594
C1).557
.520
.574
PANAMA TWOS, 1916-1936.
November
December
January
February
March
April
May
June
July
August
September
October
1921
$100,500
100,481
$100,000
100,000
$2,000
2,000
$5,700
5,700
$7,700
7,700
$500
100,734
101,864
103,125
100,000
100,000
100,000
2,000
2,000
2,000
5,700
5,700
5.700
7,700
7,700
7.700
500
500
500
('1)
('1)
0)
5,700
0)
7,700
i1)
C1)
(*)500
7,700
7,700
7,700
500
500
500
500
$62.50
62.50
$21.41
20.63
$583.91
583.13
62.50
62.50
62.50
C11)
C1)
C
)
62.50
62.50
62.50
62.50
31.97
81.89
138.48
C11)
594.47
644.39
700.98
1922,
i Not quoted.
0)
(l)
0)
103,020
103,250
103,170
102,918
1
C
( )
100,000
100,000
100,000
100,000
2 ?noo
2,000
2,000
2,000
C)
5,700
5,700
5,700
C)
C)
0)
138.57
150.43
148.03
137.47
0)
0)
0)
701.07
712.93
710.53
699.97
7,105.
7,055.
6,999.
0)
C11)
C)
6,998.
6,987.
6,989.
7,000.
C1)
<*)
(J)
V /
6,181.20
6,195.00
6,190.20
6,175.08
0)
817.73
792.07
799.27
824.95
0)
794
767
775
802
CO
REPORT OF THE COMPTROLLER OF THE CURRENCY.
197
TABLE NO. 9.—Investment value of United States bonds—Panama Canal bonds, 4's of
1925 and fs of 1930.
Panama Canal bonds,
2's of 1916-1936.
Date.
January . . .
April. .1
July
October
1
1922.
Not quoted.
Average
price net.
Rate of
interest
realized by
investors.
$100.7336
Per cent.
1.942
103.0200
102.9175
1.757
1.762
4 per cent bonds of
1925.
Average
price net.
$104.4598
105.1625
104. 8075
104.0675
2 per cent bonds of
1930.
Rate of
interest
realized by
investors.
Average
price net.
Per cent.
2.472
2.092
2.054
2.177
$100.9972
C1)
102.9688
102.8575
Rate of
interest
realized by
investors.
Per cent.
1.869
1 590
1.593
198
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 10.— United States bonds—Monthly range of prices in New York, November
1921, to October, 1922, inclusive.
Coupon bonds.
4's of 1925.
November:
Opening
Highest
Lowest
Closing
December:
Opening
Highest
Lowest
Closing
January:
Opening
Highest
Lowest
Closing
February:
Opening
Highest
Lowest
Closing
March:
Opening
Highest
Lowest
Closing
April:
Opening
Highest
Lowest
Closing
May:
Opening
Highest
Lowest
Closing
June:
Opening
Highest
Lowest
Closing
July:
Opening
Highest
Lowest
Closing
August:
Opening
Highest
Lowest
Closing
September:
Opening
Highest
Lowest
Closing
October:
Opening
Highest
Lowest
Closing
1
2's of 1930.
Registered bonds.
4's of 1925.
2's of
2's of 1930. Panama
1916-1936.
1921.
104i@105
104i104|
104i
104 \@ 105
104J
104i@104|
104£@10
100J
100J
100
100J
1922.
Not quoted.
104£@104f
104|
104
104|
103
104f
103
104|
lOOi
lOlf
104|
105|@106
104|
104i@104|
104|
105|@106
104J
105J@105|
103i
10l|
103J
105J@106
105 J@ 106
@
105J@106
103|
103|
103J
103|
103J
104
105 ©106
103|
105 ©106
104
105 @106
103|
105 @106
105
105
105
105
105
105
105
105
C11)
C 1)
C1 )
C)
102|@103£
102J@103i
C)
C1)
102|@103J
102|@,103i
102£@103i
105
105
J@104|
104£@104|
C11)
C)
0)1
(l)
C1)
C1)
C1)
C1)
(V)
C1)
102?,® 103
103"©103
102
102|@103
104£@105
104§@105
104f@105
104i@105
102|@103i
102g@103£
L02|@103i
102|@103i
104|@105
104^® 105
104 @104§
104 @104f
102|@1031
103 @103£
102f@103£
103 ©103
()
103 ©103J
103 @103f
102|@103i
103 ®103i
104 ®104§
104 @104f
103J@104i
103|@104|
103 @103J
103 @103J
102i@103
102^@103
C11)
C 1)
C1)
C)
103 ®103|
103 @103|
102|@103i
102J@103i
0)1
C)
C11)
C)
l
103 @103£
103 @103|
103 @103£
103 ©103^
TABLE NO. 11.—National-bank notes issued, redeemed, and outstanding, by denominations and amounts, on October 31, in each year from 1914
to 19221 inclusive.
[For prior years see annual report 1920.]
Year.
1914....
1915....
1916
1917
1918....
1919....
1920....
1921....
1922....
Ones.
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
Issued
Redeemed
Outstanding
23,169,677
22,826,918
342,759
23,169,677
22,827,374
342,303
23,169,677
22,827,540
342,137
23,169,677
22,827,605
342,072
23,169,677
22,827,605
342,072
23,169,677
* 22,827,605
342,072
23,169,677
22,827,771
341,906
*
23,169,677
22,827,833
341,844
23,169,677
22,827,833
*
341,844
*
Twos.
Fives.
Tens.
Twenties.
Fifties.
15,495,038
15,331,256
163,782
15,495,038
15,331,486
163,552
15,495,038
15,331,570
163,468
15,495,038
15,331,646
163,392
15,495,038
15,331,646
163,392
15,495,038
15,331,646
163,392
15,495,038
15,331,750
163,288
15,495,038
15,331,848
163,190
15,495,038
15,331,848
163,190
1,878,699,460
1,664,207,600
214,491,860
1,953,573,660
1,827,511,370
126,062,290
2,031,826,880
1,919,643,440
112,183,440
2,108,123,060
1,998,613,640
109,509,420
2,180,457,660
2,082,530,045
117,927,615
2,277,156,200
2,134,883,895
142,272,305
2,383,521,080
2,257,861,600
125,659,460
2,530,964,740
2,399,196,590
131,768,150
2,685,116,700
2,544,935,255
140,181,445
2,895,206,210
2,418,848,790
476,357,420
3,068,708,690
2,732,775,070
335,933,620
3,235,914,290
2,926,062,500
309,851,790
3,385,973,520
3,086,402,180
299,571,340
3,499,038,440
3,208,165,630
290,872,810
3,652,918,890
3,370,458,290
282,460,600
3,863,905,000
3,558,475,410
305,429,590
4,141,546,970
3,826,073,620
315,473,350
4,395,016,970
4,072,078,350
322,938,620
1,699,697,920
1,402,446,0S0
297,251,840
1,800,204,940
1,555.221,880
244,983,060
1,895,074,220
1,657,346,840
237,727,380
1,980,572,240
1,738,203,080
242,369,160
2,046,661,760
1,798,100,720
248,561,040
2,134,771,820
1,900,338,700
234,433,120
2,256,235,520
2,012,790,440
243,445,080
2,415,643,670
2,173.273,160
242,370,510
2,561,245,350
2,312,253,700
248,991,650
268,555,450
200,356,100
68,199,350
278,464,450
247,251,800
31,212,650
287,566,300
257,870,000
29,696,300
295,589,900
265,712,200
29,877,700
300,579,200
270,694,800
29,884,400
311,156.350
280,299', 900
30,856,450
321,370,450
291,508,450
29,862,000
332,564,950
304,103,200
28,461,750
342,216,050
315,487,700
26,728,350
NOTE 1. First issue Dec. 21,1863; first redemption, Apr. 5,1865.
NOTE 2. Gold notes included since 1915.
NOTE 3. Fractions and nonassorted notes not included.
One
hundreds.
Five
One thouhundreds. sands 4
403,231,450 11,947,000
337,694,300 11,860,500
65,537,150
86,500
411,536,200 12,289,500
369,129,900 12,201,000
42,406,300
88,500
418,407,000 12,289,500
381,368,900 12,201,500
37,038,100
88,000
424,100,400 12,289,500
389,040,200 12,201,500
35,060,200
88,000
427,777,200 12,289,500
393,559,500 12,201,500
34,217,700
88,000
435,249,100 12,289,500
402,042,300 12,201,500
33,206,800
88,000
442,267,100 12,289,500
411,724,400 12,202,000
30,542,700
87,500
449,880,500 12,289,500
421,019,300 12,202,000
28,861,200
87,500
456,449,900 12,289,500
429,753,200 12,202,000
26,696,700
87,500
7,379,000
7,357,000
22,000
7,454,000
7,432,000
22,000
7,454"000
7,432,000
22,000
7,454,000
7,433,000
21,000
7,454,000
7,433,000
21,000
7,454,000
7,433,000
21,000
7,454,000
7,433,000
21,000
7,454,000
7,433,000
21,000
7,454,000
7,433,000
21,000
Total.
7,203,381,205
6,080,928,544
1,122,452,661
7,570,896,155
6,789,681,880
781,214,275
7,927,196"905
7,200,084,290
727,112,615
8,252,767,335
1 535 765 051
717,002,284
8,512,922,475
7,790,844,446
722,078,029
8,869,660,575
8,145,816,836
723,843,739
9,325,707,345
8,590,154,821
735,552,524
9,929,009,045
9,181,460,551
747,548,494
10,498,453,185
9,732,302,886
766,150,299
Issued during current
year.
818,227,830
Q
364,049,710
H
356,300,750
Q
325,570,430
260,155,140
s
d
356,738,100
456,046,770
O
569,444,140
a
d
1
Q
SO
200
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 12.—National-bank notes of each denomination outstanding on March 131
1900, and on October 31, 1914 and 1922,
Denomination.
Ones.. .
Twos.
Fives
Tens...
Twenties
Fifties
One hundreds.
Five hundreds
One thousands.
Fractions
Total.
.
Mar. 13,1900.
.
. . . .
.
v
..
Secured by lawful money
Secured by bonds
Oct. 31, 1914.
Oct. 31, 1922.1
$348,275
167,466
79,310,710
79,378,160
58,770,660
11,784,150
24,103,400
104,000
27,000
32,409
$342,759
163,782
214,491,860
476,363,040
297,259,860
68,202,050
65,540,950
88,500
22,000
53,340
$341,844
163,190
140,181,445
322,938,620
248,991,650
26,728,350
26,696,700
87,500
21,000
60,738
254,026,230
1,122,528,141
766,211,037
38,004,155
216,022,075
20,632,278
1,101,895,863
26,158,712
740,052,325
i Gold notes included since 1915.
NOTE.—Beginning with Oct. 31,1910, notes redeemed but not assorted included.
TABLE N O . 13.—National-bank notes received monthly for redemption by the Comptroller
of the Currency during the year ended October 31, 1922, and the amount received during
the same period at the redemption agency of the Treasury, together with the total amount
received since the approval of the act of June 20, 1874-1
Received by the Comptroller of the Currency.
Month.
November
December
From the redemption agency.
From national banks
in connection
with reduction of circu- For replacelation and
Retirement
ment with
replacement
account.
new notes.
with new
notes.
1921.
1922.
January
February
March
April
May
June
July
August
September
October
Total.
Received at
the United
States Treasury
redemption
agency.
$3,830
14,100
$47,149,090
52,295,432
$1,217,910
1,427,120
$48,370,830
53,736,652
$52,046,578
54,285,860
14,135
22,300
234,790
107,307
71,318
6,665
33,085
1,795
4,545
53,310
64,088,023
48,896,465
48,330,310
43,478,025
44,178,200
42,579,460
35,187,910
30,468,397
32,001,018
49,145,660
1,434,450
993,900
938,050
1,143,550
1,212,600
1,110,900
1,054,150
913,850
934,850
1,307,300
65,536,608
49,912,665
49,503,150
44,728,882
45,462,118
43,697,025
36,275,145
31,384,042
32,940,413
50,506,270
67,065,106
47,224,566
51,617,817
47,386,650
46,273,481
43,425,003
37,828,872
27,843,225
38,641,957
53,935,200
Total
Received from June 20,
1874, to Oct. 31,1921..
567,180
537,797,990
13,688,630
552,053,800
567,574,315
57,515,709
7,453,095,580
1,511,899,963
9,022,511,252
12,055,323,743
Grand total
58,082,889
7,990,893,570
1,525,588,593
9,574,565,052
12,622,898,058
1
Notes of gold banks not included in this table.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
201
TABLE N O . 14.—National-hank notes received at currency bureau and destroyed yearly
since establishment of the system.
Date.
Amount.
Prior t o Nov. 1, 1865
During t h e year ended Oct. 31—
I860
1867
1868
1869
1870
1871
1872
1873
1874,
1875
1S76
3877
1878
1879
1880
1881
1882
1883
1884
1885
3 886
1887
1888
1889
1890
1891
1892
1893
1894
1895
3886....
$175,490
!
!
1
!
1
1
1,050,382
3,401,423
4,602, 825
8,603, 729
14,305,689
24,344,047
30,211,720
36.433,171
49; 939, 741
137,697,696
98,672, 716
76,918,963
57,381,249
41,101, 830
35, 539,660
54,941,130
74,917,611
82,913,766
93,178,418
91,048, 723
59,989, 810
47,726,083
59, 568,525
52,207,627
44,447,467
45,981,963
43,885,319
44,895,466
62, 835,395
46,997,527
53,613,811
In addition $46,115 destroyed in transit.
18567°—23
14
Date.
During year ended Oct. 31—Contd.
1897
1900
1901
1902.
1903
1904.
1905
1906
1907
1908
1909
1910
1911
1912
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922..
Additional amount of insolvent and
liquidating national-bank notes
destroyed
Gold notes
Total
Amount.
$83,159,973
66,683,467
59,988,303
71,065,968
90,848,100
107,222,495
?40,306,990
167,118,135
195,194,785
191,102,985
197,932,847
231,128,140
348,159,995
359,496,000
409,835,965
428,399,608
426,282,840
435,904,280
362,551,125
351,717,477
298,468,107
238,184,520
330,106,555
424,542,837
570,887,902
537,153,570
1,051,333,906
3,390,560
I 9,757,698,407
202
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 15.—National-bank notes issued during each year from 1914 to 1922, inclusive,
national-bank notes of active, insolvent, and liquidated banks destroyed, total destructions for each year, and percentage of destructions to issues.
[For prior years, see annual report 1920.]
Destroyed.
Year ended
Oct. 31—
Issued.
$818,227,830
364,049,710
356,300,750
325,570,430
260,155,140
356, 738,100
456,046,770
603,301,700
569,444,140
1914
1915
1916
1917
1918
1919
1920
1921
1922
Active
banks.
Insolvent
and liquidated
banks.
Total.
Total outstanding.
Per cent
destruc- Per cent
tions
destrucactive tions to
banks to issues.
issues.
$435,904,280 $20,246,418 $456,150,698 $1,121,468,911
781,268,793
362,551,125 342,807,352 705,358,657
726,069,290
351,374,597 59,026,804 410,401,401
716,276,375
298,468,107 38,901,595 337,369,702
721,471,137
236,296,660 20,238,717 256,535,377
722,394,325
330,106,555 24,864,635 354,971,190
732,549,629
424,542,837 19,794, 540 444,337,377
743,288,847
570, 887,902 20,417,025 591,304,927
760,679,187
537,153,570 13,688,630 550,842,200
53.27
99.59
98.62
91.68
90.83
92.53
93.09
94.62
94.33
55.75
193.75
115.18
103.62
98.61
99.50
97.43
98.01
96.73
TABLE NO. 16.—Amount and denominations of national-bank notes issued and redeemed
since the organization of the system and amounts outstanding October 31, 1922.
Denomination.
Ones.. .
Twos
Fives
Tens
Twenties
Fifties
One hundreds
Five hundreds
One t h o u s a n d s . . . .
Total
Outstanding.
Issued.
Redeemed.
$23,169,677
15,495,038
2,685,116,700
4,395,016,970
2,561,245,350
342,216,050
456,449,900
12,289, 500
7,454,000
$22, 827,833
15,331,848
2,544,935,255
4,072,078,350
2,312,253,700
315,487,700
429,753,200
12,202,000
7,433,000
$341,844
163,190
140,181,445
322,938,620
248,991,650
26,728,350
26,696,700
87,500
21,000
10,498,453,185
9,732,302,886
766,150,299
TABLE NO. 17.— Vault account of currency received and issued by this bureau during the
year and the amount on hand October 31, 1922.
National-bank currency in vaults at close of business, Oct. 31, 1921
National-bank currency received from Bureau of Engraving and Printing during the year
ended*Oct. 31, 1922
Total to account for
Amount issued to banks during year
Amounts withdrawn from vaults and canceled
$569,444,140
6,720,160
Total withdrawn
Amount in vaults at close of business, Oct. 31, 1922
$351,412,930
527,981,000
879,393,930
576,164,300
303,229,630
TABLE NO. 18.— Vault account of currency received and destroyed during the year ended
October 31, 1922.
Amount in vault of redemption division of currency bureau, awaiting destruction at close of
business Oct. 31,1921
Amount received during year ended Oct. 31,1922
$4,320,250
552,053,800
Total
Withdrawn from vault and destroj^ed during the year
Balance in vault Oct. 311922
556,374,050
550,842,200
5,531,850
REPORT OF THE COMPTROLLER OF THE CURRENCY.
203
T A B L E N O . 19.— Taxes assessed on national-bank circulation, years ended June 30, 1864
to 1922; cost of redemption, 1874 to 1922; cost of plates and examiners' fees, 1883 to
Year.
1864-1882.
1874-1882.
1883......
1884
1887.
1890.
1891.
1892.
1893.
1894.
1895.
1896.
1897.
1898.
1899.
1900.
1901.
1902.
1903.
1904.
1905.
1906.
1907.
1908.
1909.
1910.
1911.
1912.
1913.
1914.
1915.
1916.
1917.
1918.
1919.
1920.
1921.
1922.
Semiannual
duty on
circulation.
Cost of
redemption
of notes by
the United
States
Treasurer.
Assess- Assessfor
ment for ment
cost of
cost of
plates, plates,
exnew
banks. tended
banks.
Assessment for Assessment
cost of
for examplates,
iners' fees
addiand salaries
tional or (sec. 5240,
dupli- IT. S. R. S.).
cate.
$52,253,518,24
$1,971,587.10
'3,'i32,"606.*73"
147,592.27 $25,980 $34,120
18,845
1,950
3,024,668.24
160,896.65
13,150 97,800
2,794, 584.01
181,857.16
2,592,021.33
14,810
24,825
168,243.35
2,044,922.75
18,850
1,750
138,967.00
1,616,127.53
14,100
3,900
141,141.48
1,410,331.84
12,200
575
131,190 67
1,254,839.65
24,175
107,843.39
725
1,216,104.72
18,575
99,366. 52
7,200
1,331,287.26
15,700
100,593.70
8,100
1,443,489.69
14,225
103,032.96
5,200
1,721,095.18
4,050
107,445.14
4,375
1,704,007.69
4,950
100,352.79
6,875
1,851,676.03
5,450
114,085.63
3,750
2,020,703.65
3,050
125,061.73
1,700
1,901,817.71
5,275
125,924.35
1,775
1,991,743.31
8,200
121,291.40
2,850
1,881,922.73
29,200
122,984.76
15,050
1,599,221.08
85,975
146,236.18
13,500
1,633,309.15
43,200 14,425
153,796.33
1,708, 819.92
54,475 40,325
174,477.62
1,928,827.49
45,500 12,600
219,093.13
2,163, 882.05
47,825 64,800
247,973.26
2,509,997.80
54,150 31,450
250,924.24
2,806, 070. 54 233,650.52
76,275 12,975
3,090,811,72
48,450
10,025
270.840.21
3,190, 543.04
31,475 10,800
396,743.15
3,463, 466.68
55,125
17,
500
434,093.10
3,567,037.21
27,875 22,375
443,380.12
3,690,313,53
22,740
28,190
505,735.21
3,804,762.29
28,560
19,805
517,842.93
3,889,733.17
11,560
8,500
529,013.36
3,901,541.18
% 977,066.73 } 498,328.60
13,855
16,660
3,744,967.77
450.150.22
10,085
9.700
3,533, 631.28
420,160.42
9,200
6,000
3,656, 895.34
412,785.92
16,770
11,120
3,627,060.80
528,424,24
15,600 15,340
3,706,901.15
31,850 2S, 990
3,806, 590 02 974,058.11
82,160
3,941,461.17 ., 115,146.00 31,070
18,244 52,780
2 594,168.70
Total.... 159,129,779.40 13,786,479.62 1,033,449
749,735
$4,130
6,975
6,300
11,175
3,420
6,460
9,100
7,590
20,770
12,670
17.226
105,816
$94,606.16
99,642.05
107,781.73
107,272.83
110,219.88
121,777. 86
130,725.79
136,772.71
138,969.39
101,983.68
162,444.59
251,966.79
238,252.27
237,803. 51
222,858.92
225,445.27
244,903.62
259,164.86
277,816.07
307,296.63
324,598. 97
346,895. 32
388,307.39
396,766.23
425,157.65
429.397.75
510,928.07
524,039.03
492.269.05
526.169.76
556,210. 22
520,607.46
536,299.70
577,762.64
849,815.96
994,626.18
1,050,977.38
1,184,026.78
1,769, 394.79
2,159,509.99
18,201,464.93
Total.
$52,253,518.24
1,971,587.10
3,434,305.16
3,306,001.94
3,195,172.90
2,907,172.51
2,314,709.63
1,897,046.87
1,685,023.30
1,524,355.75
1,480,215.63
1,617,664.64
1,728,392.24
2,088,932.11
2,054,437.75
2,212,765.17
2,373,374.30
2,260,237.33
2,368,988.33
2,308,322.35
2,122,748.33
2,152,027.11
2,302,696.51
2,552,915.94
2,912,787.70
3,243,288.27
3,554,128.71
3,849,524,68
4,140,489.26
4,494,223.81
4,552,936.38
4,777,278.50
4,934,155.44
4,965,713.99
7,954,926.21
4,796,085.63
4,825, 267.66
5,101, 297.44
5,244, 992.42
5,946, 596.04
6,817, 030.81
6,783, 389.86
193,006,723.95
1
Tax collected on additional circulation under act May 30,1908.
Average cost per $1,000 for national-bank notes redeemed, $0.95.
T A B L E N O . 20—Taxes assessed on Federal reserve bant currency, cost of
and cost of plates, for years ended June 30, 1915 to 1922.
2
Year.
1915
1916
1917
1918.
1919
•*920
1921.
1922
.
Total
Assessment
Cost of
for cost of
Semiannual redemption
of notes by the
original
taxes on
circulation. United States
plates.
Treasurer.
$2,325.18 :•
3,590.86
38/750.70
463,195.96
1,023,344.76
-947,405.00 •.
445,944.01
$947.93
2,353.41
34,419.62
263,616.78
243,517.97
145,890.53
2,924,556.47
690,746.24
$1,800.00
2,200.00
Assessment
for cost of
additional or
duplicate
plates.
redemption,
Total.
23,810.00
390.00
$540.00
720.00
180.00
138,530.00
88,270.00
136,570.00
2,140.00
$1,800.00
5,065.18
5,258.79
41,284.11
659,955. 58
1,37.5,621.54
1,327,492. 97
593,974. 54
28,200.00
366,950.00
4,010,452.71
TABLE N O . 21.—National banks in charge of receivers, year ended October 31, 1922, capital and surplus at date of organization and at date of failure to
cause offailure, dividends paid while solve7it, circulation outstanding at date offailure, lawful money deposited ivith Treasurer of the United States o
to redeem circulation, and total deposits at date of suspension.
Organization.
Name and location of banks.
Charter
No.
Pynchon National Bank, Springfield, Mass
•
Farmers and Drovers' National Bank,Waynes-1
burg, Pa
i
First National Bank, Billings, Mont
Mount Vernon National Bank, Mount Vernon,
N. Y
Second National Bank. Clarion, Pa
Atlantic National Bank, Providence, R . I
Traders National Bank, LoweU. Mass
Mesa County National Bank, Grand Junction,
Colo
First National Bank, Bayonne, N. J
First National Bank, Pensacola, Fla
First National Bank, London, Ky
First National Bank, Sutton, W. Va
United States National Bank, Centralia, Wash.
First National Bank, Uniontown, Pa
Mercantile National Bank, Pueblo, Colo
Island City National Bank, Key West, Fla
First National Bank, Bristol, S. Dak
First National Bank, Bowling Green, Ohio
Heard National Bank, Jacksonville, Fla
First National Bank, Clarkfield, Minn
First National Bank, St. Cloud, Fla
Santa Rosa National Bank, Santa Rosa, Calif,.
First National Bank, Bluff ton, Ohio
First National Bank, Newman, Calif
First National Bank, Judsonia, Ark
j
First National Bank, Eureka, S. Dak
First National Bank, Fairfield, Idaho
First National Bank, Medina, N. Dak
First National Bank, Towner, N. Dak
First National Bank, Hearne, Tex
Farmers National Bank, Cooper, Tex
I
Total
dividends
paid during existence as a national banking
association.
Failures.
Amount. Per cent, Capital.
Receiver
appointed,
Date.
Capital.
987
Apr. 7,1865
$150,000
$633,353
422.2
$200,000 June 24,1901
839
3097
Feb. 25,1865
Dec. 27,1883
150,000
75,000
597,750
321,350
398.4
428.4
200,000 Dec. 12,1906
150,000 July 2,1910
8516 Dec. 11,1906
3044 Sept. 12,1883
2913 Apr. 3,1883
4753 June 10,1892
200,000
50,000
225,000
200,000
16,000
92,000
306,000
245,000
8.0
184.0
136.0
122.5
200,000 Apr. 19,1911
50,000 June 21,1912
300,000 Apr. 16,1913
200,000 Oct. 20,1913
7766
8454
2490
3943
6213
8736
270
4108
7942
8480
4045
10136
6448
9707
3558
5626
9760
10439
11527
10162
10581
7955
4976
10626
100,000 Nov. 29.1913
100,000
86,000
May 31,1905
86.0
100,000 Dec. 8.1913
100,000
Dec. 5,1906
32,500
32.5
500,000 Jan. 22.1914
50,000 1,036,343 2,072.6
Aug. 10,1880
50,000 Apr. 9.1914
50,000
Nov. 28,1880
138,000 276.0
50,000 Aug. 29,1914
35,000
Apr. 17,1902
31,500
90.0
100,000 Sept. 21.1914
100,000
June 10,1907
65,000
65.0
100,000 Jan. 19.1915
60,000 1,308,000 2,180.0
Feb. 20,1864
200,000 Mar. 30,1915
100,000
Aug. 31,1889
361,500 361.5
100,000 July 29,1915
100,000
Oct. 7,1905
11,500
11.5
25,000 Nov. 17,1915
25,000
Dec. 21.1906
15,250
61.0
50,000 Jan. - 5,1917
May 23,1889
50,000
90,750 181.00
1,000,000
Feb. 2.1912 1,000,000
16.00
Jan. 17,1917
160,000
25,000 Sept. 25.1917
Oct. 3,1902
25,000
92.00
23,000
50,000
Mar. 24,1910
50,000
59.00
29,500
Jan. 2,1918
200,000 Oct. 18.1918
Sept. 15,1886
100,000
293,500 293.50
50,000 Nov. 17.1919
Nov. 19,1900
25,000
48,500 194.00
50,000 Jan. 31.1920
May 25,1910
50,000
25,500
51.00
30,000 June 29,1920
Sept. 2.1913
30.000
15,000
50.00
50,000 Aug. 20,1920
Nov. 28,1919
50,000
7,500
15.00
25,000 Aug. 26,1920
Mar. 30,1912
25,000
26,500 106.00
25,000 Dec. 20,1920
Apr. 24,1914
25,000
20,750
.83
25,000
Sept. 29,1905
25,000
20,500
.82
Dec. 28.1920
50,000 Jan. 21.1921
July 5,1894
50,000
3.56
178,000
50,000 Jan. 28,1921
Sept, 24,1914
50,000
Cause of
failure.
Circula- Total deLawful
tion out- posits at
date of
money de- standing
posited. at date of suspension.
failure.
$111,465
N
G
U
W
U
V
N
U
u
GG
A
A
U
B
U
z
z
EE
Z
N
B
A
A
A
A
A
U
HH
II
AA
$111,465 $1,095,862
100,000
37,500
100,000
37,500
1,047,580
1,908,841
200,000
49,000
180,100
190,197
200,000
49,000
180,100
190,197
482,843
376,639
2,394,521
2,978,922
100,000
98,300
489,900
49,200
50,000
99,997
100,000
80,800
89,400
25,000
12,500
583,400
14,400
17,100
149,000
46,700
12,500
28,200
100,000
98,300
489,900
49,200
50,000
99,997
100,000
80,800
89,400
25,000
12,500
583,400
14,400
17,500
149,000
46,700
12,500
28,200
444,609
1,394,165
1,673,245
253,931
364,021
1,016,201
1,452,581
1,501,551
142,652
288,671
774,610
2,980,172
167,821
380,776
1,162,621
597,357
943,689
228,659
823,254
353,781
170,529
247,015
128,566
541,562
5,850
5,850
10,900
21,500
24,995
11,200
21,500
First National Bank, Gridley, Calif
First National Bank, Cut Bank, Mont
First National Bank, Chappell, Nebr
Commonwealth National Bank, Reedville, Va.
First National Bank, Streeter, N. Dak
Picher National Bank of Picher, Okla
First National Bank of Kanger, Tex
Emmetsburg National Bank of Emmetsburg,
Iowa
First National Bank, Beaver, Pa
,
Corn Belt National Bank of Scotland, S. Dak..
First National Bank of Ambia, Ind
First National Bank of Desdemona, Tex
California National Bank of Modesto, Calif
First National Bank of Sipe Springs, Tex
First National Bank, Marcus, Iowa
First National Bank, Sidney, Nebr
,
Overland National Bank of Boise, Idaho
First National Bank of Bridgeport, Nebr
,
Bannock National Bank of Pocatello, Idaho...
First National Bank, Crawford, Tex
First National Bank, Tombstone, Ariz
,
First National Bank, Moran, Tex
Idaho National Bank, Boise, Idaho
The Havre National Bank of Havre, Mont
First National Bank of Joplin, Mont
,
National Bank of Cleburne, Tex
First National Bank, Fremont, Nebr
Peoples National Bank, National City, Calif..
First National Bank, Poplar, Mont
United States National Bank, Vale, Oreg
First National Bank, Vale, Oreg
,
First National Bank, Burley, Idaho
Edwards National Bank, Booker, Tex
First National Bank,Lawton, Okla
National Bank of Hastings, Hastings, Okla
Farmers National Bank, Big Sandy, Mont
First National Bank, Mohall, N. Dak
First National Bank, Wendell, Idaho
First National Bank, Ackerman, Miss
Stockmens National Bank, Poplar, Mont
Stillwater National Bank, Absarokee, Mont...
First National Bank, Seeley, Calif.
National City Bank, Salt Lake City, Utah
Second National Bank, Elkton, Md
Merchants and Planters National Bank, Ada,
Okla.
First National Bank, Myton, Utah
State National Bank, Ardmore, Okla
Corydon National Bank, Corydon, Ind
First National Bank, Cotton Plant, Ark
First National Bank, Oak Grove, La
Farwell National Bank, Farwell, Tex
11164
9574
9790
10827
10724
11624
8072
Mar.
Oct.
May
Jan.
Mar.
Feb.
Jan.
14,1918
5,1909
10,1910
6,1916
27,1915
3,1920
26,1906
40,000
25,000
25,000
25,000
25,000
100,000
25,000
3850
11031
9510
11452
10988
11525
9819
6201
11751
9711
6347
10400
6439
10874
8346
9782
10929
4035
1974
9512
10885
9496
8528
10341
11408
5914
10094
11063
7008
9491
9251
11027
11066
10462
10308
4162
10513
Dec. 23,1905
Feb. 10.1888
May 28,1917
July 30.1909
Sept. 2,1919
Feb. 23,1917
Nov. 6,1919
June 22.1910
Mar. 12,1902
June 18.1915
Feb. 23,1910
July 15,1902
May 19,1913
July 11.1902
June 5,1916
July 12.1906
May 18.1910
Nov. 11,1916
May 6,1889
Mar. 16,1872
June 21,1909
July 28.1916
July 8,1909
Jan. 14.1907
Feb. 20,1913
May 4,1918
July 18,1901
Oct. 11.1911
July 25.1917
Aug. 17.1903
June 30,1909
Aug. 17.1908
Feb. 17,1917
Aug. 11,1917
Sept., 5,1913
Nov. 19.1912
Aug. 12.1889
Apr. 9,1914
50,000
50,000
25.000
25,000
25,000
100,000
25,000
100,000
25,000
100,000
25,000
50,000
30,000
25,000
25,000
100,000
50,000
25,000
75,000
50,000
25,000
25,000
75,000
25,000
30,000
25,000
25,000
25,000
50,000
25,000
25,000
25,000
25,000
25,000
25,000
250,000
50,000
50,000
11702
10394
7760
10723
11650
12005
Apr.
May
May
Mar.
Mar.
Aug.
25,000
100,000
125,000
35,000
50,000
25,000
10,1920
6,1913
23,1905
6,1915
2,1920
5,1921
24,250
43,837
6,000
12,500
1.75
50,250
2.01
77,000
192,750
1,750
11,250
1.54
3.85
3,000
.03
56,500
40,125
32,000
21.500
1.60
4.9,000
5,400
61,000
6,250
28,500
30,500
.97
.24
.5
.07
.45
.56
.32
.86
.98
.18
2.44
.25
.28
.61
429,375
463,750
6,500
6,500
52,500
20,000
12,450
5.72
927.50
185,250
11,441
741
86,250
7,000
345
28
14,000
6,000
122,500
78,000
55,000
56
24
49
156
110
70,000
216,250
22,500
70
173
26
26
70
80
41.50
45.76
64.29
40,000
50,000
50,000
25,000
25,000
100,000
200,000
Jan. 29.1921
...do.
....do
Feb. 16,1921
do
Feb. 21,1921
Mar. 2,1921
50,000
50,000
25,000
25,000
25,000
100,000
25,000
50,000
50,000
100,000
25,000
100,000
30,000
25,000
25,000
100,000
50,000
25,000
150,000
150,000
25,000
25,000
75,000
50,000
30,000
25,000
200,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
250,000
50,000
100,000
Mar. 11,1921
Mar. 26,1921
Mar. 28,1921
Apr. 5,1921
Apr. 7,1921
Apr. 13,1921
Apr. 18,1921
May 18,1921
May 27,1921
May 28,1921
do
June 11,1921
July 16,1921
Aug. 25,1921
Aug. 29,1921
Sept. 15,1921
Sept. 16,1921
do
Oct. 27,1921
Nov. 1,1921
Nov. 7,1921
Nov. 9,1921
Nov. 15,1921
do
Nov. 30,1921
Dec. 12,1921
do
Dec. 22,1921
Jan. 3,1922
Jan. 4,1922
Jan. 5,1922
Jan. 12,1922
Jan. 28,1922
Jan. 30,1922
do
Feb. 3,1922
Feb. 18,1922
Feb. 20,1922
25,000 Feb. 24,1922
200,000 Mar. 4,1922
125,000 Mar. 8,1922
60,000 Apr. 7,1922
50,000 May 13,1922
25,000 June 26,1922
36,000 !
ii
II
JJ
II
KK
AA
II
LL
N
FF
U
AA
U
E
II
V
N
N
N
N
II
MM
II
S
NN
II
A
oQo
OO
II
OO
u
u
II
OO
II
II
pp
5 S00 !
23,700
23,600
25,000
24,180
22,400
22,700
22,000
47,900
22,000
47,900
24, 600
48,500
:::::::::::
50,000
25,000
23,500
96,200
21,100
12,100
7,500
20,000
49,600
75,000
150,000
25,000
68,750
11,900
145,900
25,000
23,900
24,300
2,650
pp
II
II
AA
OO
6,250
243,300
u
u
2,500
99,995
125,000
50.000
II
u
AA
U
210,855
9.An f\7Z
633.973
210) 663
115,204
208,053
1,283,599
424,812
671,077
264 775
24,79&
112,917
930,324
95,627
144,284
265, 763
977,295
112,121
842,093
37,367
j
o
S3
o
o
o
2S.2U
2,787,817
346,714
279,326
122,449
503,626
52,387
77*373
30,033
196,042
91,984
39,430
170, 037
36,307
1,383, 447
262,995
35,888
975, 659
984,671
461,016
32,062
o
H
a
o
d
o
TABLE NO. 21.—National banks in charge of receivers, year ended October SI, 1922, capital and surplus at date of organization and at date of failure,
cause offailure, dividends paid while solvent, circulation outstanding at daHe offailure, lawful money deposited with Treasurer of the United States
to redeem circulation, and total deposits at date of suspension—Continued.
Organization.
Name and location of banks.
Charter
No.
654 First National Bank, Spencer, Nebr
655 First National Bank, Ingomar, Mont
656 American National Bank, Billings, Mont
657 First National Bank, Fresno, Mont
658 Merchants National Bank, Wimbledon, N. Dak..
659 First National Bank, Hope, N. Mex
7325
11465
11696
11096
8917
9441
Date.
June
Aug.
Apr.
Oct.
Sept.
May
18,1904
16,1919
5,1920
3,1917
17,1907
3,1909
Capital.
Total dividends
paid during existence as a national banking
association.
Failures.
Amount. Percent. Capital.
Receiver
appointed.
$25,000
25,000
150,000
25,000
30,000
25,000
$280,750
2,500
1,123
10
15,000
25,000
50
85
6,015,000
9,177,924
A Defalcation of officers.
B Defalcation of officers and fraudulent management.
E Depreciation of securities.
F Excessive loans to others, injudicious banking and depreciation of securities.
G Excessive loans to officers and directors and depreciation of securities.
N Fraudulent management.
Q Fraudulent management and injuducious banking.
S Investments in real estate mortgages and depreciation of securities.
U Injudicious banking.
V Injudicious banking and depreciation of securities.
W Injudicious banking and failure of large debtors.
Z Wrecked by cashier.
AA Closed by run.
EE Injudicious banking and excessive loans to officers and others.
F F Wrecked by assistant cashier.
GG Wrecked by cashier and president and excessive loans to themselves.
HH Forgeries and embezzlement.
I I Unable to realize on loans.
JJ Robbery and burning of bank.
KK Unable to realize on loans and failure of stockholders to pay balance due on capital.
ILL Defalcation by cashier.
MM Receiver appointed after sale of assets and stockholders failed to vote to place bank in liquidation.
NN Wrecked by president.
OO Deficient reserve and unable to realize on loans.
P P Inability to meet demands.
$100,000 July 14,1922
25,000 Aug. 14,1922
150,000 Sept. 23,1922
25,000 Oct. 26,1922
25,000 Oct. 27,1922
25,000 Oct. 30,1922
7,840,000
Cause of
failure.
Circulation outLawful
money de- standing
posited. at date of
failure.
V
U
AA
OO
OO
LL
Total deposits at
date of
suspension.
$99,995
O
W
H
O
w
14,500
10,000
17,750
$3,117,409
4,740,674 $45,025,997
9
o
d
w
w
208
REPORT OF THE COMPTROLLER OF THE CURRENCY.
T A B L E N O . 22.—Insolvent national hanks in charge of receivers, dates of organization,
amounts collected from all sources, loans paid and other disbursements, losses on assets:
stockholders to year ended October 31, 1922. (See note.)
Name and location of bank.
Pynchon National Bank, Springfield, Mass
Farmers and Drovers National Bank, Waynesburg, Pa
First NationafBank, Billings, Mont
Mount Vernon National Bank, Mount Vernon, N. Y . .
Second National Bank, Clarion, Pa
,
Atlantic National Bank, Providence, R . I
,
Traders
x i a u c i o National
JA i i u u u a i Bank,
i » a i i A , Lowell,
u u w c i i i Mass
i u o o o . . . . . . . . . . . . . . . . . .
Mesa County National Bank, Grand Junction, Colo....
First National Bank, Bayonne, N. J
First National Bank, Pensacola, Fla
First National Bank, London, Ky
First National Bank, Sutton, W. Va
United States National Bank, Centralia, Was h
First National Bank, Uniontown, Pa
Mercantile National Bank, Pueblo, Colo...
Island City National Bank, Key West, Fla.
First National Bank, Bristol, S. Dak.
First National Bank, Bowling Green, Ohio
Heard National Bank, Jacksonville, Fla
First National Bank, Clarkfield, Minn
First National Bank, St. Cloud, Fla
Santa Rosa National Bank, Santa Rosa, Calif..
First National Bank, Bluffton, Ohio
First National Bank, Newman, Calif
First National Bank, Judsonia, Ark
First National Bank, Eureka, S. Dak
First National Bank, Fairfield, Idaho
First National Bank, Medina, N. Dak
First National Bank, Towner, N. Dak
First National Bank, Hearne, Tex..
Farmers National Bank, Cooper, Tex..
First National Bank, Gridley, Calif...
First National Bank, Cut Bank, Mont
First National Bank, ChappeU, Nebr
Commonwealth National Bank, Reedville, Va
First National Bank, Streeter, N. Dak
Picher National Bank, Picher, Okla
First National Bank, Ranger^Tex
Emmetsburg National Bank, Emmetsburg, Iowa
First National Bank, Beaver, Pa
Corn Belt National Bank, Scotland, S. Dak
First National Bank, Ambia, Ind
First National Bank, Desdemona, Tex
California National Bank, Modesto, Calif
First National Bank, Sipe Springs, Tex
First National Bank, Marcus, Iowa
First National Bank, Sidney, Nebr
Overland National Bank, Boise, Idaho
First National Bank, Bridgeport, Nebr
Bannock National Bank, Pocatello, Idaho
First National Bank, Crawford, Tex 1
First National Bank, Tombstone, Ariz.
First National Bank, Moran, Tex
Idaho National Bank, Boise, Idaho2
The Havre National Bank, Havre, Mont
First National Bank, Jophn, Mont
National Bank of Cleburne, Cleburne, Tex
First National Bank, Fremont, Nebr.3
Peoples National B&nk, National City, Calif
First National Bank, Poplar, Mont
United States National Bank, Vale, Oreg
First National Bank, Vale, Oreg
First National Bank, Burley, Idaho
Edwards National Bank, Booker, Tex
First National Bank, Lawton, Okla.1
National Bank of Hastings, Hastings, Okla.1
Farmers National Bank, Big Sandy, Mont.
1
T7V*
J. \ T _ J_ •
f_
1*-_T_
-^^
*•
First
National1 tr%
Bank,
Mohall,
N . "•^Dak.
.
First National Bank, Wendell, Idaho...
First National Bank, Ackerman, Miss.1
Stockmen's National Bank, Poplar, M o n t . . .
StiUwater National Bank, Absarokee, Mont.
Date of
organization.
Apr.
Feb.
Dec.
Dec.
Sept.
Apr.
June
May
Dec.
Aug.
Nov.
Apr.
June
Feb.
Aug.
Oct.
Dec.
May
Feb.
Oct.
Mar.
Sept.
Nov.
May
Sept.
Nov.
Mar.
Apr.
Sept.
July
Sept.
Mar.
Oct.
May
Jan.
Mar.
Feb.
Jan.
Dec.
Feb.
May
July
Sept.
Feb.
Nov.
June
Mar.
June
Feb.
July
May
July
June
July
May
Nov.
May
Mar.
June
July
July
Jan.
Feb.
May
July
Oct.
July
Oct.
June
Aug.
Feb.
Aug.
Capital
stock.
Receiver
appointed.
7,1865
$200,000 June 24,1901
25,1865
200,000 Dec. 12,1906
27,1883
2,1910
150,000 July
11,1906
200,000 Apr. 19,1911
12,1883
50,000 June 21,1912
3,1883
300,000 Apr. 16,1913
10,1892
200,000 Oct. 20,1913
31,1905
100,000 Nov. 29,1913
5,1906
100,000 Dec. 8,1913
10,1880
500,000 Jan. 22,1914
28,1888
50,000 Apr. 9,1914
17,1902
50,000 Aug. 29,1914
10,1907
100,000 Sept. 21,1914
20,1864
100,000 Jan. 19,1915
31,1889
200,000 Mar. 30,1915
7,1905
100,000 July 29,1915
21,1906
25,000 Nov. 17,1915
23,1869
50,000 Jan. 5,1917
2,1912
1,000,000 Jan. 17,1917
3,1902
25,000 Sept. 25,1917
24,1910
2,1918
50,000 Jan.
15,1886
200,000 Oct. 18,1918
19,1900
50,000 Nov. 17,1919
25,1910
50,000 Jan. 31,1920
2,1913
30,000 June 29,1920
28,1919
50,000 Aug. 20,1920
20,1912
25,000 Aug. 26,1920
24,1914
25,000 Dec. 20,1920
29,1905
25,000 Dec. 28,1920
5,1894
50,000 Jan. 21,1921
24,1914
50,000 Jan. 28,1921
14,1918
40,000 Jan. 29,1921
5,1909
do
50,000
10,1910
50,000 . . . . d o
6,1916
25,000 Feb. 16,1921
27,1915
do
25,000
3,1920
100,000 Feb. 21,1921
26,1906
200,000 Mar. 2,1921
23,1905
50,000 Mar. 11,1921
10,1888
50,000 Mar. 26,1921
28,1917
25,000 Mar. 28,1921
30,1909
25,000 Apr. 5,1921
2,1919
25,000 Apr. 7,1921
23,1917
100,000 Apr. 13,1921
6,1919
25,000 Apr. 18,1921
22,1910
50,000 May 18,1921
12,1902
50,000 May 27,1921
18,1915
100,000 May 28,1921
23,1910
do
25,000
15,1902
100,000 June 11,1921
19,1913
30,000 July 16,1921
11,1902
25,000 Aug. 25,1921
5,1916 |
25,000 Aug. 29,1921
12,1906
100,000 Sept. 15,1921
18,1910
50,000 Sept. 16,1921
11,1916
do
25,000
6,1889
150,000 Oct. 27,1921
16,1872
150,000 Nov. 1,1921
21,1909
25,000 Nov. 7,1921
28,1916
25,000 Nov. 9,1921
8,1909
75,000 Nov. 15,1921
14,1907
do
50,000
20,1913
30,000 Nov. 30,1921
4,1918
25,000 Dec. 12,1921
18,1901
200,000
do
11,1911
25,000 Dec. 22,1921
25,1917
25,000 Jan. 3,1922
17,1903
25,000 Jan. 4,1922
30,1909
25,000 Jan. 5,1922
17,1908
25,000 Jan. 12,1922
17,1917
25,000 Jan. 28,1922
11,1917
25,000 Jan. 30,1922
* Restored to solvency.
a After sale of assets, stockholders failed to vote for liquidation.
* Assets taken over by another institution with guarantee of payment in full to claimants.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
209
appointment of receiver, and closing, with amounts of nominal and additional assets
expenses of receiverships, claims proved, dividends paid, and remaining assets returned to
Nominal assets at date of suspension.
Estimated
good.
Estimated
doubtful.
Estimated
worthless.
Additional
assets received since
date of suspension.
Total
assets.
Offsets
allowed and
settled.
1,952
67,741
264,810
35, 790
75, 048
50,999
18,935
56,700
275, 422
30,441
227, 297
20, 660
423,571
34, 264
307, 421
38,667
$111,924
2,059,308
567,499
225,397
46,769
214,486
129,422
49, 746
364,615
1,060,927
76,393
33,380
175,189
936,754
252,662
32,730
119,188
175,274
295,610
103,340
34,714
224,226
67,609
163, 798
130,041
55, 758
57,608
15,495
37,552
70,469
9,475
33/348
31,363
28,061
35 166
13,643
10, 111
15,163
18,917
69,909
32,899
62,992
11,286
96,590
4,632
17, 220
15,214
128,776
5,076
47,695
2,320
$1,818,184
5,017,996
2,712,020
996,747
486,989
3,469,242
3,373,846
664, 207
2,049, 317
3, 457, 814
419,413
451,539
1,485,478
4, 454, 248
2,095, 409
363,007
367,772
1,085,387
4,917,377
338,878
482,702
1,869,020
648,938
1,389, 828
370,319
1,031,007
542,452
377, 787
367,339
573, 040
901,982
566,056
463,419
883, 028
316, 540
276,281
388,847
2,885,655
697,009
791, 963
499, 222
211, 616
172, 975
1, 354, 257
168,164
531, 681
454, 896
1,719, 862
203, 565
1.768, 558
217,774
$39,884
546,298
218,280
39,047
49,067
399, 767
148,384
32,124
235, 882
647,368
29,457
12,883
142,157
326, 218
150, 741
19,364
11, 869
201,913
475, 785
27, 872
46,714
179,644
116, 912
192,917
50,956
85, 717
159, 774
23,004
52,172
7,086
794,387
17,669
48,072
26,525
31,482
3,030
8,694
201,998
32, 419
71,066
53, 259
37,495
4,164
116, 358
6,550
10,633
11,800
426,559
4,499
51,891
3,318
40,987
31,889
238, 211
8,751
483,862
34,323
67,377
189,443
63,552
764,506
2,952
64
10,808
2,179
12,933
132,494
102,995
736, 480
87,843
2,599,270
2,958
6,226
22,463
1,095
51,584
269, 826
152,673
184, 455
29,968
486, 036
40,627
100,137
210,946
590, 820
286, 691
412 057
99,544
83,608
86,263
154,190
£6,745
195,347
40,852
33,112
4,778
21,563
35,060
26,466
14,242
486,683
454 660
951,028
428,464
1.119,906
195,265
72,672
7,542
13,494
12,687
99,959
4,033
$755.664
814, 783
1,087,304
158, 243
126,110
1,928, 431
1,610,081
200, 412
951, 529
1,488, 390
158, 251
310, 050
527, 267
1,080,785
896, 864
100,172
175, 358
580, 258
2,118, 228
106, 704
98, 696
809, 848
453,227
260, 894
97,124
750, 777
279,978
236, 201
40,132
84, 309
633, 714
133, 615
91, 852
287, 837
260,982
256,359
177, 077
741,218
390, 467
426/383
217, 255
91, 391
49, 505
379, 914
33, 994
147, 933
203, 698
882, 653
91, 326
678,103
9,467
$942,113
2,013,406
505,016
413,533
294,805
820,071
1,603,429
248,785
398,910
507,052
127,091
80, 899
450, 035
2,388,710
327,752
108, 989
38, 553
283, 028
1,760, 001
117, 420
138,332
505, 861
121, 751
454,549
107, 878
192,169
78, 894
124,538
66,665
273, 349
109, 437
27, 037
280, 553
448, 611
20,154
4,327
133, 918
1,864,464
251, 835
220, 623
198, 069
38,298
55, 484
602,331
99,097
139, 231
215,324
284,862
72,899
735,339
167,320
$8,483
130,499
552,201
199,574
19,305
506,254
30,914
165,264
334,263
401, 445
57,678
27, 210
332,987
47,999
618,131
121,116
34,673
46, 827
743, 538
11,414
210,960
329, 085
6,351
510,587
35, 276
32,303
125, 972
1,553
222,990
144,913
149, 356
372,056
59,651
118,519
54,232
3,665
298,018
13,361
1,337,969
238
14, 794
22, 211
41,507
172
78,684
1,490
140, 281
26,883
32,406
8,630
208,200
8,222
15, 898
101,355
102,418
139,877
41,613
14,313
494
2,466
160,423
258,011
768
3,446
Loss on
assets compounded or
sold under
order of court.
$280,140
1,422,242
131,667
594,714
73,825
782,428
361,190
160,188
671,618
648,716
105,848
16,668
486,619
193,610
474,263
120,569
87,031
74,129
1,150,084
113,232
20,625
406,448
8,480
296,274
40,518
4,500
3,000
89,525
10,823
56,346
1,890
16,781
19,337
7,302
400
469
513
515
523
526
531
533
536
542
546
549
551
554
559
565
569
582
583
586
587
588
590
591
592
593
594
596
597
598
599
600
601
602
603
604
605
6,276
101,691 606
359
14,873
8,114
423
24,376
76,586
2,048
10,613
607
610
611
612
613
614
615
616
617
618
619
620
15,757
3,667
82,919
187 621
622
1,938 623
92,668 624
2,151 625
1,188 626
47,256 628
629
65,264 630
631
918 632
619 633
634
635
636
637
638
639
474 640
641
50 642
643
210
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 22.—Insolvent national banks in charge of receivers, dates of organization,
amounts collected from all sources, loans paid and other disbursements, losses on assets,
stockholders to year ended October 31, 1922—Continued.
Date of
organization.
Name and location of bank.
644
645
646
647
648
649
650
651
652
653
654
655
656
657
658
659
First National Bank, Seeley, Calif
National City Bank, Salt Lake City, Utah
Second National Bank, Elkton, Md
Merchants and Planters National Bank, Ada, Okla.1....
First National Bank, Myton, Utah
State National Bank, Ardmore, Okla
Corydon National Bank, Corydon, Ind
First National Bank, Cotton Plant, Ark
First National Bank, Oak Grove, La
Farwell National Bank, Far well, Tex
First National Bank, Spencer, Nebr
First National Bank, Ingomar. Mont
American National Bank, Billings, Mont
First National Bank, Fresno, Mont
Merchants National Bank, Wimbledon, N. Dak
First National Bank, Hope, N. Mex
Sept.
Nov.
Aug.
Apr.
Apr.
May
May
Mar.
Mar.
Aug.
June
Aug.
Apr.
Oct.
Sept.
May
5.1913
19,1912
12,1889
9.1914
10,1920
6,1913
23,1905
6.1915
2.1920
5.1921
18,1904
16,1919
5,1920
3,1917
17,1907
3,1909
400
469
513
515
523
526
531
533
536
542
546
549
551
554
559
565
569
582
583
586
587
588
590
591
592
593
594
596
597
598
599
600
601
602
603
604
605
608
607
610
611
612
613
614
615
616
617
.,475,208
568,713
1
78,791
186,264
182,100
193,195
373,728
"*29,"755
644,436
44,798
41,981
11,762
236,383
513,489
267,231
83,078
352,918
94,982
504,749
251,442
316,699
173,779
468,646
47,062
347,412
365,810
608,646
69,239
220,806
287,603
L, 236,186
335,058
307,034
266,816
92, 360
102,956
411, 830
124,999
319,489
357,323
$25,000
250,000
50,000
100,000
25,000
200,000
125,000
60,000
50,000
25,000
100,000
25,000
150,000
25,000
25,000
25,000
Jan.
Feb.
Feb.
Feb.
Feb.
Mar.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Oct.
Oct.
30,1922j
3,1922^
18,1922'
20,1922
24,1922
4,1922
8,1922
7,1922
13,1922
26,1922
14,1922
14,1922
23,1922
26,1922
27,1922
30,1922
7, 840,000
Total.
Nominal
value of
remaining
Receiver
appointed.
Capital
-stock.
Collected
from
$1,498,160
1,574,248
1,793,360
362,985
285,306
2,100, 783
2,682,172
278,700
1,141,817
1,788,002
284,108
392,233
856, 702
3,289,984
1,425,609
181,093
257,110
572,962
2.778,019
197,774
148,132
1,282y 928
440,468
547,719
183,863
436,041
128,236
38,084
51,863
86,485
4,187
199,085
32,756
228,520
208,517
52,445
86,274
1,345,781
329,173
398,990
171,033
81,338
41, 479
749,483
34, 567
190,946
85, 773
Collected
Total
from
assessment collections
upon
from all
sharesources.
holders.
$43,742
149,271
7,500
81,730
25,107
105,507
91,071
35,135
65,637
73,748
38,407
25,180
39,874
120,134
31,326
13,700
40,955
613,112
16,900
45,161
155, 898
36,/LOO
41, 466
27,049
28, 750
8,911
3,825
15, 750
15,750
46,700
14,866
5,150
21,508
10,378
1,075
19, 875
14,200
29,597
40,161
8,346
11,919
3,000
74, 557
11, 391
16,925
$1,541,902
1,723,519
1,800,860
444,715
310,414
2,206,290
2,773,243
313,835
1,207,454
1,861,750
322,515
417,413
896,576
3,289,984
1,545,743
212,419
270,810
613,917
3,391,131
214,674
193,293
1,438, 826
476,56^8
589,185
210, 912
464, 791
137,147
41,909
67,613
102,235
50,887 I
213, 951
37,906
250,028
218,895
53,520
106,149
1,359,981
358, 770
439,151
179,379
93, 257
44,479
824,040
45,958
207,871
85,773
Loans
paid and
other disbursements.
Dividends
paid.
Legal
expenses.
$353,508 $1,056,782
280,926
1,286,325
253,887
1,387,676
98,234
272,397
8,108
269,705
345,666
1,635, 788
32,814
2,545,925
28,192
238,887
27,635
1,020, 266
289,882
1,472,354
38, 714
240,561
24,132
315,273
138,294
678,778
972,325
1,664,963
271,407
1,132,465
111,229
61,068
17,371
209,742
14,310
539,220
589,125
2,588,992
20,640
162,204
25,180
139,774
685,704
683,, 985
33,806
397,903
224,042
277,375
31,252
137,600
122,438
261,476
3,484
87,557
10,074
11,733
28,425
62,530
16,769
46,700
149,039
18,340
106,138
99,166
105,774
33,343
32,378
21,748
1,154,950
134,796
161,684
54,274
316,209
59,242
53,506
51,192
18,938
21,157.
464,272
253,927
19,236
171,134
34,221
$10,253
51,746
-25,475
37,645
9,193
67,372
14,803
6,593
116, 481
31,198
13,237
34,956
24,021
50,492
29,365
4,131
19,591
19,664
59,006
12,860
4,018
13,476
5,091
5,466
3,951
16,402
2,608
1,409
2,507
561
2,146
2,058
2,894
692
121
932
6,439
2,742
2,107
4,419
592
883
366
1,703
6,214
977
Reeeiver's
salary
and other
expenses.
$36,586
65,707
127,405
26,258
19, 862
95,356
62,348
26,442
41,595
64,982
27,690
24,046
52,651
105, 710
49,899
16,974
18,558
35,889
52,330
16,770
18,270
35,670
24,741
24,494
16,996
30,773
21,024
11,189
10,319
9,815
1,397
12,766
13,555
16,015
12,132
11,396
14,772
27,987
13,630
12,616
19,622
10,961
8,093
20,866
8,546
14,369
12,624
211
REPORT OF THE COMPTROLLER OF THE CURRENCY.
appointment of receiver, and closing, with amounts of nominal and additional assets,
expenses of receiverships, claims proved, dividends paid, and remaining assets returned to
Nominal assets at date of suspension.
Estimated i
good.
|
Estimated
doubtful.
Estimated
worthless.
Additional
assets received since
date of suspension.
Loss on
Offsets
assets compounded
or
allowed and
sold under
settled.
order of court.
assets.
$46,108
2,146, 734
144,713
$44,581
1,367,227
180,572
$31,417
80,930
100,646
$8,110
307, 774
4,542
$130, 216
3,902, 665
430,473
$6, 248
134, 924
4,148
40, 431
640, 092
930,940
245, 702
39, 333
31.362
559, 918
48, 652
36,120
913,996
394, 591
567; 920
75,957
21,278
413,718
137, 880
19,985
26, 058
351,628
37,652
19,564
93,957
247, 210
119, 042
1,334
19,138
59, 462
16, 892
936
86
5,492
264
97,870 I
1, 599, 284
1, 736,621
868,166
135, 790
146, 683
1, 226,338
305, 838
1,063
65, 922
78,066
14, 949
6,074
227
8, 724
32, 487, 956
28, 411,921
11,653, 437
9,177, 638
$21,605
4,870
15,226
i
Balance
in hands
of
comptroller
or
receiver.
$80,527
38,815
6,417
10,181
3,546
62,108
117,353
14,721
1,476
3,334
2,313
19,006
2,832
146,494
62,607
19,017
5,548
4,834
101,684
2,200
6,051
19,991
15,027
57,808
21,113
33, 702
22,474
19,237
14,629
9,023
2,229
50,000
3,953
25,815
13,317
8,660
33,319
35,809
71,732
53,945
42,590
11,574
14,346
84,609
16,473
16,154
37 ; 951
Amount
Amount of
returned to assessment
shareholders
upon
in cash.
shareholders.
$4,246
$200,000
200,000
150,000
200,000
50,000
300,000
200,000
100,000
100,000
500,000
50,000
50,000
100,000
350,000
200 000
100,000
25,000
50,000
1,000 000
25^ 000
50 000
200,000
51,000
50 000
30,000
50,000
25 000
25,000
25,000
50,000
50,000
40 000
50,000
50,000
25,000
25,000
100,000
200 000
50,000
50,000
25,000
25,000
25,000
100,000
25,000
50,000
Amount
of
claims
proved.
$1,048,708
1,570,643
1,850,300
477,891
323,762
2,124,402
2,829,284
477.793
1,331,532
1,882,658
251, 834
350,303
1,011,687
1,395,066
1 415 318
93,951
287,207
770,364
2 656,810
172,289
346,509
1,116,657
497,393
792 969
218,126
847, 539
294,459
303,045
296,030
111,794
840,861
342,970
258,726
661,615
171,531
173,784
248,758
1,215 614
363,274
632,610
353,478
94,706
122,155
613,488
110,160
426,206
294,246
81, 731, 002
e>m
7, 260,108
9, 532, 746
Dividends Interest
(percent). dividends
(per cent).
100
75
75
57
82
77
90
50
7(3. 333
77. 5
95. 5
90
66.67
100
80
05
73
70
100
93
40
61.5
80
35
60
30
30
Finallyclosed.
400
469
513
515
523
rm
531
Sept. 30,1922
Feb.
100
533
536
S4?
546
549
551
554
,W
569
58?
J u n e 30,1922
586
RS7
588
590
5Q1
i
15
50
40
3,1922
Mar. 31,1922
10
15
20
10
30
50
15
20
644
645
646
647
648
649
650
651
652
653
654
655
aza
657
658
I
,W
593
5<H
5%
597
598
599
R00
601
602
603
f>04
605
606
607
610
611
612
613
M4
615
616
617
212
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 22.—Insolvent national banks in charge of receivers, dates of organization,
amounts collected from all sources, loans paid and other disbursements, losses on assets,
stockholders to year ended October 31,1922—Continued.
Nominal
value of
remaining
assets.
618
619
620
621
622
623
624
625
626
628
629
630
631
632
633
634
635
636
637
638
639
640
641
642
643
644
645
646
647
648
649
650
651
652
653
654
655
656
657
658
659
Collected
from
assets.
Collected
from
Total
assessment collections
upon
from all
sharesources.
holders.
Loans
paid and
other disbursements.
Dividends
paid.
Legal
expenses.
Receiver's
salary
and other
expenses.
$4,511
1,460
2,878
63
$23,554
7,704
29,042
5,447
$809,030
136,162
1,154,982
155,593
$468,516
59,237
478,766
58,676
$34,464
3,000
40,400
1,800
$502,980
62,237
519,166
60,476
$142,609
47,832
391,812
52,975
$217,122
84,206
43,392
4,101
135,476
15,549
591,958
8,635
9,525
4,500
11,775
52,027
4,101
145,001
20,049
603,733
29,500
3,660
126,700
9,494
555,882
10,344
576,390
70,011
1,908,472
152
28
2,566
198
603
5,475
413
10,795
6,284
11,789
130,561
400,756
705,209
338,054
854,172
126,467
218,186
46,362
231,407
77,104
165,775
64,765
10,000
20,125
9,000
10,609
7,064
4,025
228,186
66,487
240,407
87,713
172,839
68,790
52,258
41,039
206,069
61,667
136,030
50,263
134,714
41
114
343
393
639
99
9,193
7,942
8,524
6,625
9,394
5,332
66,423
72,633
4,561
7,547
12,108
2,459
208
5,478
134,750
64,754
2,000
66,754
56,512
176
4,999
ihs, 4i3
187
216,428
54,981
2,058,666
285,528
6,192
38,137
47,382
1,704,205
125,571
6,379
38,136
52,707
1,874,580
142,563
5,525
29,022
43,563
1,507,851
100,419
84
41
589
1,699
2,081
734
5,307
3,309
13,090
5,071
89,050
1,098,973
873,964
656,341
124,858
134,749
1,120,727
302,379
7,757
434,389
784,591
196,876
4,858
11 707
96,887
3,459
75
53,358
7,832
487,746
784,591
196,876
4,858
11,707
96,887
3,459
4,764
375,430
458,636
112,787
1,233
6,790
82,247
2,510
44
710
1,178
7
2,296
12,188
6,711
4,763
2,097
2,429
2,926
607
27,422,260
37,515,888
2,757,125
40,273,013
12,507,255
5,325
170,375
16,992
277,423
27
22,613,513
752,880
1,621,214
NOTE.—Figures taken from receivers' reports of Sept. 30,1922; no figures shown for receiverships where
no report was received for Sept. 30,1922.
BEPORT OF THE COMPTROLLER OF THE CUBBENCY.
213
appointment of receiver, and closing, uith amounts of nominal and additional assets,
expenses of receiverships, claims proved, dividends paid, and remaining assets returned to
Balance
i n hands
of
comptroller
or
receiver.
Amount
Amount of
returned to assessment
shareholders
upon
in cash.
shareholders.
115,184
5,241
29,011
1,991
100,000
25,000
100,000
30,000
6,556
4,940
4,073
35,459
31,980
17,392
25,470
19,028
26,776
13,096
Amount
of
claims
proved.
Interest
Dividends dividends
(per cent). (per
cent).
868,634
111,960
930,014
96,954
25
25,000
69,648
15
50,000
25,000
150,000
347,748
50,065
593,080
25,000
25,000
75,000
50,000
30,000
25,000
340,557
279,860
554,096
308,057
240,890
64,212
3,963
25,000
28,846
5,067
25,000
76,888
36
3,766
5,246
74,517
34,992
25,000
23,609
80,719
80 353
1,395,825
250,490
25,000
250,000
50,000
728
99,418
318,066
79,319
1,529
2,488
11,687
342
2,423,905
354,246
25,000
200,000
67,247
222,946
932,762
34
32,905
6,406,000
42,118,884
Finally
closed.
618
619
620
621
7.5
623
Dec. 31,1921 624
625
40
1
1
20
628
629
630
631
632
633
634
635
636
637
638
639
640
641
642
643
644
645
646
647
648
649
650
651
652
fifift
654
655
656
657
658
659
214
REPORT OF THE COMPTROULER OF THE CURRENCY.
TABLE N O . 23.—National banks restored to solvency after having been placed in the charge
of receivers.1
Title and location of bank.
Ill Abington National Bank, Abington, Mass.
163
200
203
208
209
215
220
223
224
232
233
242
300
318
343
374
401
403
416
417
418
473
498
507
529
539
544
550
553
555
556
561
562
566
572
584
595
622
627
636
637
639
641
647
Farley National Bank, Montgomery, Ala..
First National Bank, Arkansas City, Kans,
City National Bank, Brownwood, Tex.
Citizens National Bank, Spokane Falls, Wash.
First National Bank, Philipsburg, Mont
Bozeman National Bank, Bozeman, Mont
Montana National Bank, Helena, Mont
First National Bank, Great Falls, Mont.
First National Bank, Kankakee, 111
First National Bank, Orlando, Fla
Citizens National Bank, Muncie, Ind
First National Bank, Port Angeles, Wash
State National Bank, Denver, Colo
American National Bank, Denver, Colo
First National Bank, Sioux City, Iowa
Hampshire County National Bank, Northampton, Mass
Seventh National Bank, New York, N. Y
First National Bank, Austin, Tex
Bolivar National Bank, Bolivar, Pa
Federal National Bank, Pittsburgh, Pa.
First National Bank, Allegheny, Pa
First National Bank. Brooklyn, N. Y
Union National Bank, Summerville, Pa
First National Bank, Burnside, Ky
First-Second National Bank, Pittsburgh, Pa
Marion National Bank, Marion, Kans
First National Bank, Gallatin, Tenn
American National Bank, Pensacola, Fla
First National Bank, Islip, N. Y
Farmers and Merchants National Bank, Mount Morris, Pa.
Union National Bank, Providence, Ky
First National Bank, Perry, Ark
Third National Bank, Fitzgerald, Ga
Wharton National Bank, Wharton, Tex
First National Bank, Casselton, N. Dak
First National Bank, Daytona, Fla
First National Bank, Killeen, Tex
State National Bank, Carlsbad, N. Mex
Nocona National Bank, Nocona, Tex...
First National Bank, Tombstone, Ariz.
First National Bank, Lafayette, Colo.
First National Bank, Lawton, Okla
National Bank of Hastings, Hastings, Okla..
First National Bank, Mohall, N. Dak
First National Bank, Ackerman, Miss.
Merchants National Bank, Ada, Okla..
Receiver
appointed.
Aug. 2,1886
Oct. 7,1891
June 15,1893
June 20,1893
July 1,1893
July 8,1893
July 23,1893
Aug. 2,1893
Aug. 5,1893
do.
Aug. 14,1893
do
Oct. 5,1893
Aug. 24,1895
July 26,1896
Jan. 7,1897
May 23,1898
June 27,1901
Aug. 3,1901
Oct. 1,1903
Oct. 21,1903
Oct. 22,1903
Oct. 25,1907
Oct. 16,1908
Sept. 17,1909
July. 7,1913
Jan. 12,1914
Mar. 25,1914
Sept. 2,1914
Dec. 30,1914
Feb. 4,1915
Feb. 12,1915
May 17,1915
June 3,1915
July 29,1915
Dec. 6,1915
Apr. 16,1917
Nov. 16,1920
Mar. 19,1921
Mar. 25,1921
Aug. 25,1921
Sept.16,1921
Dec. 12,1921
Dec. 22,1921
Jan. 4,1922
Jan. 12,1922
Feb. 20,1922
Total (47 banks)
Gapital
stock.
$150,000
100,000
125,000
150,000
150,000
50.000
50,000
500,000
250,000
50,000
150,000
200,000
50,000
300,000
500,000
100,000
250,000
500,000
100,000
30,000
2,000,000
350,000
300,000
50,000
25,000
3,400,000
25,000
50,000
300,000
25,000
25,000
25,000
25,000
50,000
30,000
50,000
50,000
50,000
75,000
50,000
25,000
25,000
200,000
25,000
25,000
25,000
100,000
11,135,000
National banks which failed subsequent to restoration to solvency.
271
291
304
386
575
Citizens National Bank, Spokane Falls, Wash.2.
First National Bank, Port Angeles,2 Wash.2
,
First National Bank, Orlando, Fla.
2
First National Bank, Arkansas City, Kans.
Ben Hill National Bank, Fitzgerald, Ga.2 3
Total (5 banks).
1
Dec. 13,1894
Apr. 26,1895
Nov. 29,1895
Oct. 19,1899
Mar. 6,1916
150,000
50,000
85,000
100,000
50,000
435,000
Banks which closed and resumed business during the several report years piror to 1914 not included.
2 Second failure.
» Formerly " Third National Bank."
REPORT OF THE COMPTROLLER OF THE CURRENCY.
215
TABLE N O . 24.—Dividends paid to creditors of insolvent national banks during the past
year, with the total dividends in each case up to November 1, 1922.
Dividends paid during the year.
Name and location of bank.
Date of appointment of
receiver.
Date.
June 22,1922
Aug. 2,1922
Oct. 19,1922
Oct. 28,1922
First National Bank, Bayonne, N. J... Dec. 8,1913 July 15,1922
Sept. 8,1922
Sept. 11,1922
Mar. 26,1921 Jan. 5,1922
First National Bank, Beaver, Pa
Feb. 14,1922
do
Aug. 4,1922
Nov. 5,1921
3,1922
First National Bank, Bluffton, Ohio.. Nov. 17,1919 Jan.
Apr. 28,1922
May 9,1922
July 10,1922
Sept. 29,1922
Mar. 3,1922
22,1922
Overland National Bank, Boise, Idaho. May 28,1921 Apr.
May 26,1922
July 19,1922
Sept. 15,1922
Oct. 3,1922
....do
First National Bank, Ambia, Ind
Apr.
5,1921
First National Bank, Bowling Green,
Ohio
Jan.
First National Bank, Chappell,Nebr..
Jan. 29.1921
5,1917
Nov.
Feb.
May
Aug.
Sept.
Jan.
May
Apr.
Oct.
Oct.
16,1921
3,1922
24,1922
23,1922
9,1922
5,1922
4,1922
22,1922
26,1922
31,1922
First National Bank, Clarkfield, Minn.. Sept. 25,1917
First National Bank, Desdemona, Tex. Apr. 7,1921
Second National Bank, Elkton, Md
Feb. 18,1922
Emmetsburg National Bank, EmmetsMar. 11,1921 Dee. 16.1921
burg, Iowa
Jan. 9,1922
June 5,1922
Aug. 15.1922
First National Bank, Eureka, S. Dak. Aug. 20,1920 Nov. 9.1921
Dee. 10.1921
Feb. 2,1922
First National Bank, Fairfield, Idaho . Aug. 26,1920 Apr. 27.1922
First National Bank, Hearne, Tex
Jan. 21,1921 Nov. 30.1921
Feb. 17.1922
Sept. 6.1922
Heard National Bank, Jacksonville.
Fla
J, Jan. 17,1917 Jan. 3,1922
Amount.
$18-, 747.37
1190.91
12.88
18,941.16
39,944.98
15.54
U9.68
Total
dividends
paid to
creditors
Percent, (per
cent).
20
40
76.333
9,972.72
94,565.21
11,458.54
1989.77
1261.94
i 289.82
16.23
49,707.47
1142.50
1 74.78
168,869.08
143,284.17
12,903.75
1346.61
11,718.10
86,862.50
134.64
Ul,762.22
38,436.73
1121.16
1853.53
38,511.82
97,849.63
11,316.48
22,396.38
12,214.78
25,040.58
i 505.17
i 90.83
1414.10
i300.00
24,463.80
1276.21
1152. 88
1120.50
i 216.60
1209.34
18.10
15
50
10
20
15
35
10
70
15
93
10
10
30
30
30
15
Aug. 17,1922
Oct. 24,1922
100
First National Bank, Judsonia, Ark... June 29,1920 Nov. 5,1921
Sept. 6,1922
Nov. 17,1921
Oct. 13,1922
Apr. 9,1914 Dec. 19,1921
First National Bank, London, Ky
Jan.
23,1922
Oct.
20,1913
Traders National Bank, Lowell, Mass .
Mar. 14,1922
Oct. 24,1922
Aug. 29,1921 June 22,1922
First National Bank, Moran, Tex
Dec. 8,1921
California National Bank,Modesto,Calif Apr. 13,1921 May
5,1922
...Ido
Peoples National Bank, National City,
Calif.
Apr. 18,1922
June 3,1922
do.
Oct. 31,1922
First National Bank, Newman, Calif.. Jan. 31,1920 Nov. 2,1921
Jan. 13,1922
Picher National Bank, Picher, Okla... Feb. 21,1921 Jan. 5,1922
June 5,1922
Oct. 12,1922
do
Nov. 7,1921
10
95.5
10,
125,
122,
90
15
40
97, 061.87
33, 686.77
36
13
11 622.
i l , 052.44
621.94
512.86
234.78
128.49
876.13
40
35
20
i Represents payments made during the year on additional claims on dividends previously declared.
216
REPORT OF THE COMPTROLLER OF THE' CURRENCY.
TABLE N O . 24.—Dividends paid to creditors of insolvent national banks during the past
year, with the total dividends in each case up to November 1, 1922—Continued.
Dividends paid during the year.
Date of appointment of
receiver.
Name and location of bank.
Bannock National Bank, Pocatello,
Idaho
Atlantic National Bank, Providence
R I
Mercantile National Bank, Pueblo,
Colo
First National Bank, Ranger, Tex
Date.
Total
dividends
paid to
creditors
Per cent.
(per
cent).
Amount.
June 11,1921
May 22,1922
Oct. 20,1922
$66,423.43
14,393.21
Apr. 16,1913
Aug. 23,1922
16,930.00
Mar. 30,1915
Mar. 2,1921
Jan. 9,1922
Dec. 8,1921
Jan. 24,1922
May 8,1922
1280.00
117,300.93
i 63 00
114,439.76
13,189.90
no'1QO1
Feb. 16 1921
11,505.10
50.44
1937.55
29,937.90
National City Bank, Salt Lake City,
Utah.. .
Santa Rosa National Bank, Santa
Rosa, Calif
Nov. 9,1921
Mar. 31.1922
.do .
do
Feb.
3,1922
Aug. 30,1922
277,422.98
Oct. 18,1918
1 2,757.50
128,414.53
Corn Belt National Bank, Scotland,
S. Dak
Apr. 10,1922
May 25,1922
Mar. 28,1921
Jan.
Feb.
Feb.
May
Aug.
Dec.
Feb.
May
July
July
Aug.
First National Bank, Towner, N. Dak. Dec. 28,1920
First National Bank, Uniontown, P a . . . Jan. 19,1915
7.5
77
Commonwealth National Bank, Reedville, Va
26,1922
2,1922
14,1922
1,1922
2,1922
21,1921
24,1922
16,1922
20,1922
29,1922
9.1922
7.5
51,362.83
1 470.14
1 734.80
1856.86
182.22
26,470.62
U,953.90
12,741.34
11,175.13
2 345,100.00
2 4,900.00
80
10
10
16.67
50
20
20
11.5
61.5
20
20
10
10
!
3116.12
350
2,439,692.37
1
2
8
Represents payments made during the year on additional claims on dividends previously declared.
Interest to stockholders.
Includes interest in full.
TABLE N O . 25.—Dates of reports of condition of national banks from 1914 to 1922.
Jan. Feb. Mar. Apr. May. June. July. Aug. Sep"t. Oct. Nov. Dec.
Year.
1914
1915
1916
1917
1918
1919
1920
1921
1922
. . .
.
13
4
4 .
7
5
4
4
.
28
21
io
.
-
1
1
1
10
12
4
28
5
30
23
30
20
29
30
30
30
30
12
2
12
11
31
12
8
6
15
31
*""io'
17
20
1
17
15
31
31
27
31
31
31
29
31
29
REPORT OF THE COMPTROLLER OF THE CURRENCY.
217
TABLE NO. 26.—Number, capital stock paid in, circulation outstanding, and aggregate
assets of national banks at date of each report from January 13, 1914, to September 15,
1922, together with the total amount of money in the United States on June SO of each
year, and the percentage of national-bank circulation to capital, to assets, and to money
in the country.
[For prior years see annual report 1920.]
[Amounts in millions of dollars.]
Percentage of circulation to—
Date.
Jan. 13
Mar. 4
June 30
Sept. 12
Oct. 31
Dec. 31
Mar. 4
Mayl
June 23
Sept.2
Nov. 10
Dec. 31
Mar. 7
Mayl
June 30
Sept. 12
Nov. 17
Dec. 27
Mar. 5
Mayl
June 20
Sept.11
Nov. 20
Dec. 31
Mar. 4
May 10
June 29
Aug. 31
Nov. 1
Dec. 31
Mar. 4
May 12
June 30.
Sept. 12
Nov. 17
Dec. 31
Feb. 28.
May 4
June 30
Sept. 8
Nov. 15
Dec. 29
Paid-in
capital.
Circulation.
Aggregate
assets.
Money
in
United
States.
7,493
7,493
7,525
7,538
7,571
7,581
1,057.6
1,056. 4
1,058.1
1,060. 3
1,063.1
1,065. 9
725.3
720.6
722.5
918.2
1,018.1
848.8
11,296.3
11,564.5
11,482.2
11,483.5
11,492.4
11,357.0
3,738.3
68.4
67.9
68.1
86.6
95.6
79.6
6.4
6.3
6.3
8.0
8.8
7.4
19.3
7,599
7,604
7,605
7,613
7,617
7,607
1,066. 5
1,065. 8
1,068. 5
1,068.8
1,068.6
1,068.0
746.5
727.7
722.7
718.4
713.4
713.3
11,566.8
11,842. 3
11,795. 6
12,267. 0
13,236.3
13,467. 8
.5
69.9
68.2
67.6
67.2
66.8
66.8
6.4
6.1
6.1
5.8
5.4
5.3
18.1
7,586
7,578
7,579
7,589
7,584
7,584
1,067.2
1,067. 4
1,066. 0
1,067. 5
1, 071.1
1,070. 8
695.8
682.2
676.1
674.1
665.2
666.4
13, 838.6
14,195. 5
13,926. 8
14,464. 9
15,568. 8
15,388. 2
4,482.9
65.2
63.9
63.4
63.1
62.1
62,2
5.0
4.8
4.9
4.7
4.3
4.3
15.1
7,581
7,589
7,605
7,638
7,656
7,662
1,073.9
1,079.7
1,082. 8
1,090.3
1,092. 2
1,092.6
661.1
656.1
660.4
665.6
669.7
674.3
16,028.2 |
16,202. 4
16,290. 4 5,408. 0
16,712. 9
18,800. 4
18,548. 7
61.6
60.8
61.0
61.0
61.3
61.7
4.1
4.0
4.1
4.0
3.6
3.6
12.2
7,670
7,688
7,705
7,728
7,754
7,767
1,094. 3
1,096. 9
1,098. 5
1,101. 9
1,107. 8
1,109. 7
672.2
680.4
681.6
674.2
675. 7
676.8
18,436.4
18,719.1
18,354. 9
18,646. 7
20,450. 6
20,544. 2
6,741.0
61.4
62.0
62.0
61.2
61.0
61.0
3.6
3.6
3.7
3.6
3.3
3.3
10.1
7,761
7,773
7,785
7,821
7,865
7,890
1,106.6
1,111.5
1,118. 6
1,138. 0
1,153. 8
1,158. 3
673.9
676.9
677.2
681.6
680.9
685.8
20,406. 7
21,173. 2
21,234. 9
22,056. 3
23,125. 5
23,684. 9
7,518. 8
60.9
60.9
60.5
59.9
59.0
59.2
3.3
3.2
3.2
3.1
2.9
2.9
9.0
7,933
7,990
8,030
8,093
8,123
8,130
1,182.1
1,214. 8
1,224. 2
1,248. 3
1,269. 9
1,272. 3
687.6
688.5
688.2
693.3
697.9
693.9
22,959.0
23,252. 9
23,411.3
23,175. 8
23, 535.1
22,799. 4
7,894.5
58.2
56.7
56.2
55.5
55.0
54.5
3.0
3.0
2.9
3.0
3.0
3.0
8.7
8,143
8,152
8,154
8,155
8,169
1,273.2
1,271. 4
1,273. 9
1,276. 2
1,282.4
684.4
679.6
704.1
704.7
717.5
21,451. 7
20, 560. 3
20,517. 9
19,719.2
19,943. 7
8,096.0
53.8
53.5
55.3
55.2
55.9
3.2
3.3
3.4
3.6
3.6
8.7
8,197
8,230
8,249
8,240
1,289. 5
1,296. 2
1,307. 2
1,307.1
719.6
721.0
725.7
726.8
19,850. 4
20,176. 6
20, 706. 0
20,926.1
55.8
55.6
55.5
55.6
3.6
3.6
3.5
3.5
1914.
1915.
1916.
1917.
1918.
1919.
1920.
1921.
Feb. 21
Apr. 28
June 30
Sept.6..
Dec. 31
Mar. 10
May 5
June 30
Sept. 15
Number of
banks.
1922.
18587°—2
8,177.5
Capital.
Money
Assets. in United
States.
8.9
218
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 27.—Abstract of the resources and liabilities of national banks in New York,
in the two central reserve cities, in other reserve cities, and elsewhere at close of business
September 15, 1922.
[In thousands of dollars.]
Other
York reserve
New York NewChicago
city(27 banks).1 and
banks
(378
(37 banks). banks).
Countrybanks
(7,825
banks).
Aggregate
(8,240
banks).
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of acceptances.
United States Government securities owned
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve banks.
Items with Federal reserve banks in process
of collection.
Cash in vault
Amount due from national banks
Amount due from State banks, bankers,and
trust companies in the United States
Exchanges for clearing houses
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and; due from United
States Treasurer
Other assets
Total..
1,909,931
478
85,875
526,291
264,728
36,011
853
388,065
2,468,503
621
107,256
588,318
299,641
47,490
925
462,950
3,451,479
1,931
59,921
689,652
496,010
142,839
20,993
364,168
5,316,043
9,589
4,013
1,124,522
1,494,131
268,691
45,871
404,986
11,236,025
12,141
171,190
2,402,492
2,289,782
459,020
67,789
1,232,104
72,557
38,604
9,689
98,823
52,262
69,313
260,400
81,585
397,247
59,700
198,104
597,135
418,923
331,951
1,063,695
12,178
429,433
19,411
16,613
36,058
459,795
21,019
18,396
169,273
133,890
15,430
23,805
94,210
21,086
18,174
20,911
299,541
614,771
54,623
63,112
1,900
111,810
1,928
120,690
9,440
36,915
25,288
14,679
172,284
3,924,427
4,853,988
6,354,978
9,717,133
20,926,099
173,615
213,208
223,055
254,313
378,532
705,535
491,495
1,307,122
1,042,197
115,132
37,475
162
307,394
137,197
38,050
162
447,745
157,759
185,853
5,814
501,656
244,091
502,886
20,496
82,247
539,047
726,789
26,472
1,031,648
530,966
131,248
101,382
1,865,913
246,498
33,227
663,424
135,539
108,896
2,320,802
271,214
46,429
696,133
17,387
61,249
2,978,315
822,519
69,281
222,887
11,501
38,846
3,971,261
3,075,487
1,582,444
'164,427
208,991
9,270,378
4,169,220
29,472
145,182
5,793
5,793
17,992
14,319
38,104
LIABILITIES.
Capital stock paid in
Surplus fund
Undivided profits less expenses and taxes
paid
National-bank notes outstanding
Amount due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies in the United States and
foreign countries
Certified cheeks outstanding
Cashiers' checks outstanding
Demand deposits
Time deposits
United States deposits
United States Government securities borrowed
Bonds and securities other than United
States borrowed
Bills payable, including all obligations representing money borrowed other than
rediscounts
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers and to
furnish dollar exchange less those purchased or discounted
Acceptances executed by other banks
Other liabilities
Total.
1
1,415
1,575
2,990
181,765
247,559
10,290
43,473
36,412
48,244
135,063
155,842
4,855
1,427
357
81,585
10,060
18,319
103,244
10,778
28,729
58,557
6,602
13,442
3,914
274
9,585
165,715
17,654
51,756
3,924,427
4,853,988
6,354,978
9,717,133
20,926,099
9,730
39,751
Figures in this column included with New York and Chicago in the next column.
NOTE.—St. Louis, previously a central reserve city, now included with other reserve cities in accordance
with the change in the reserve requirements by the Federal Reserve Board elective July 1,1922.
TABLE N O . 28.—Classification of loans by national banks in the central reserve cities (New York, Chicago, and St. Louis) and other reserve cities
together with country banks, at date of midsummer call for past six years.
JUNE 20, 1917.
In thousands of dollars.]
On demand.
On time.
Secured by
real estate
mortgages
Secured by
Secured by or other
liens on
other per- Paper with
other perNum- Paper with
sonal securi- one or more
sonal securi- realty not
or more
ber of one
in
accordties,
includSecured
by
Secured
by
individual
ties,
includindividual
banks. or firm stocks and ing meror firm stocks and ing mer- ance with
chandise, names (not bonds.
chandise, sec. 24, Fednames (not bonds.
warehouse secured by
warehouse eral reserve
secured by
act, as
receipts, collateral).
receipts,
collateral).
amended.
etc.
etc.
New York
Chicago ..
St Louis
Other reserve city banks
Country banks
.. .
Total
33
11
7
324
7,229
32,767
26,535
9,685
223,977
407,234
581,659
38,360
14 181
335,941
291,490
66,660
30,140
4,253
102,071
97,755
805,189
264,318
72,112
1,284,574
2,135,597
271,780
68,345
i'6,274
342,216
370,639
66,602
43,050
7,380
227,852
428,079
767
1,113
789
20,292
84,400
7,604
700,198
1,261,631
300,879
4,561,790
1,064,254
772,963
107,361
O
Secured by
improved
Acceptreal estate
ances of
Acceptunder aureporting
ances of
thority of
banks
banks purchased
sec. 24, Fed- other
eral reserve discounted.
or disact, as
counted.
amended.
n
Total.
W
o
o
7,651
70,412
6$>360
2,035
124
9,463
3,628
12,680
1,136
250
11,999
5,864
1,901,464
470,032
125,048
2,566,036
3,895,098
78,063
78,610
31,929
8,957,678
la
&
o
J U N E 29, 1918.
New York
Chicago
St. Louis
Other reserve city banks
Country banks
Total
49
23
6
354
7,273
25,224
25,508
9,633
206,964
353,436
445,936
46,440
18,242
383,441
256,014
7,705
620,765
1,150,073
58,516
32,558
8,070
115,281
85,787
300,212
1,074,907
286,561
71 867
1,564,326
2,299,595
398,154
78,967
14,485
470,630
465,858
92,463
46,473
13,492
305,926
501, 550
5,297,256
1,428,094
959,904
1,016
1,077
462
19,790
77,141
102,404
1,663
8,328
77, 303
85,631
36,693
4,422
145,182
20,876
1,829
114
16, 915
9,505
2,219,496
521,076
136,365
3,128,294
4,130,611
49,239
10,135,842
a
fcO
TABLE NO. 28.—Classification of loans by national banks in the central reserve cities (New York, Chicago, and St. Louis) and other reserve cities
to
together with country banks, at date of midsummer call for past six years—Continued.
o
JUNE 30, 1919.
[In thousands of dollars.]
On demand.
On time.
Secured by
with
other perNum- Paper
one
or
more
sonal
securiber of individual Secured by ties, includbanks.
or firm
stocks and ing mernames (not
bonds.
chandise,
secured by
warehouse
collateral).
receipts,
etc.
New York
Chicago
St. Louis
Other reserve city banks
Country banks
...
Total
Secured by
Paper with
other personal securione or more
ties,
includindividual Secured by
or firm
stocks and ing merchandise,
names (not
bonds.
warehouse
secured by
receipts,
collateral).
etc.
Secured by
real estate
mortgages
or other
liens on
realty not
in accordance with
sec. 24, Federal reserve
act, as
amended.
31
9
7
363
7,375
36,166
34,611
7,989
182,702
336,092
454,928
78,373
29,602
439,337
305,547
88,455
32,637
6,471
102,593
87,130
954,023
250,241
67,587
1,532,805
2,446,668
679,867
85,910
23,829
744,110
596,882
109,605
47,643
10,495
312,747
533,583
725
734
1,383
19,175
69,650
7,785
597,560
1,307,787
317,286
5,251,324
2,130,598
1,014,073
91,667
3
Secured by
Acceptimproved
ances of
real estate Acceptreporting
under auances of
banks
thority of
banks purchased
sec. 24, Fed- other
discounted.
or diseral reserve
counted.
act, as
amended.
o
w
Total.
a •
o
7,304
85,011
78,830
559
6,871
58,701
5,888
22,119
2,387
737
21,567
9,937
2,424,718
533,095
154,964
3,421,041
4,476,388
92,315
150,849
56,747
11,010,206
O
JUNE 30, 1920.
New York
Chicago
St. Louis
Other reserve city banks
Country banks
Total
.*
31
9
5
373
7,612
33,036
34,298
14,681
195,850
429,364
355,335
86,926
23,481
411,073
385,169
8,030
707,229
1,261,984
H
132,568
107,677
1,590,502
388,423
103,020
2,260,187
3,262,839
429,796
90,633
36,879
647,323
651,275
188,164
73,192
22,697
429,446
676,623
1,871
605
151
17,805
73,495
o 977
7,604,971
1,855,906
1,390,122
93,927
53,966
9,202
10,569
123,121
50,748
1,573
897
58,902
34,718
5,928
432
190
7,223
8,487
2,744,244
732,260
211,198
4,170,946
5,752,768
135,902
146,838
22,260
13,611,416
2,212
O
JUNE 30, 1921.
[In thousands of dollars.]
On demand.
Number of
banks.
New York
Chicago
St. Louis. . . .
Other reserve city
banks
Country banks
Total
On time.
Secured by improved real Secured by real estate mortestate under
gages or other liens on realty
authority of sec. not in accordance with sec.
24,
Federalre24, Federal reserve act, as
Paper
Secured
amended.
with
by other Paper
Secured serve act, as
amended.
one or
personal with
by other
more
securipersonal
or
individ- Secured ties in- one
securities
more
Secured including
ual or by stocks cluding individual
For debts preby stocks merchanfirm
merviously conAll other real
or firm
and
and
names bonds.
chandise,
tracted (sec.
estate loans.
names
bonds.
(not sedise,
ware5137,U.S.R.S.).
Other
(not seFarm
cured
ware- cured
house
real
by
by
house
receipts, land. estate.
collatreceipts, collateral).
etc.
Farm Other
Farm Other
eral).
etc.
real lands.
real
lands. estate.
estate.
Acceptances
of
other
banks
discounted.
20,732
393
924
3,736
2,084
1,143
4,008
25
1,832
2,202,265
633,156
160,925
3,162
152
3,523,178
5,484,991
66,549
31,959
13,070
311,049
82,617
18,938
108,017
48,591
7,132
1,222,380
311,301
73,982
287,420
77,100
26,072
176,955
78,606
17,718
374 179,771
7,734 388,355
363,719
374,791
89,688
88,966
1,886,252
3,070,529
541,201
616,260
394,290
652', 754
4,939
88,103
679,704 1,151,114
342,394
6,564,444 1,548,053 1,320,323
93,042
30
11
5
8,154
Cus-
Accept- tomer's
ances liability
of re- on acporting count
banks
of
pur- drafts
chased paid
or dis- under
count- letters
ed.
of
Total.
credit.
451
139
60
561
341
54
7,873
52,151
5,614
54,631
13,529
31,210
539
5,360
4,888
7,555
22,791
49,630
4,922
4,544
60,024
60,895
45,695
5,899
14,682
94,470
16,429
7,347 12,004,515
966
251
61
793
121
207
83
2,120
41,024
730
1,036
25,856
337
481
1,248
38
14
2,062,213
531,599
161,253
10,581
89, 875
16,944
42,129
625
5,814
2,800
9,091
25,056
8,060
3,497
1,740
1,706
117
3,222,921
5,270,228
87,035 100,784
60,351
6,522
14,804
75,906
31,911
407
J U N E 30, 1922.
New York
Chicago .
St. Louis
Other reserve city
banks
Country banks
Total
31
9
9
52,635
42, 764
12,736
488,014
92,570
26,375
58,230
33,544
6,702
929,342
242,614
66,400
368, 111
63,851
29,321
95,994
54, 779
15,717
373
7,827
169,824
379,339
438,640
362,770
93,032
79,075
1,660,593
2,919,258
461,143
576,666
322,168
623,776
8,249
657,298 1,408,369
270,583
5,477
96,318
5,818,207 1,499,092 1,112,434 101,795
10,835
76,200
3,123 11,248,214
to
to
TABLE N O . 29.—Classification of deposits of national banks at date of each report during year ended September
15,1922.
to
DECEMBER 31, 1921.
[In thousands of dollars.]
Time deposits.
Demand deposits.
Cities, States, and Territories.
Individual
deposits
subject
to check.
Certificates of
deposit
due in
less than
30 days.
State
and other
municipal
deposits
Deposits
subject
to notice
of less
than 30
days.
Dividends
unpaid.
Other
demand
deposits.
Total.
Certificates of
deposit
due on
or after
30 days.
State
and other
municipal
deposits.
Other
time
deposits.
Postal
savings
deposits.
Total.
w
New York
Chicago
St. Louis
1,826,927
398,349
115,685
14,664
4,195
850
2,900
55
207
8
5
7,528
2,155
276
10,473
610
1
1,862,699
405,372
116,817
31,179
1,147
3,780
734
95,683
16,841
25,842
9,839
827
97
137,435
18,815
29,719
Central reserve cities...
Boston
Albany
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond.
Charleston...
Atlanta
Savannah
Jacksonville
Birmingham.
New Orleans...
Dallas
El Paso
Fort Worth....
Galveston.
Houston
San Antonio..
Waco
Little Rock
Louisville
Chattanooga
Memphis
2,340,961
19,709
2,955
220
9,959
11,084
2,384,888
36,106
734
138,366
10,763
185,969
291,073
19,509
30,102
34,345
320,020
180,842
74 285
56,152
35,374
4,440
29,243
350
13,965
12,394
20,344
42,148
10.762
20,137
3,064
40,055
19,463
7,559
2,418
30,418
7,705
6,474
518
9
134
121
1,672
391
389
218
483
17
878
6
23
249
475
306
519
280
78
2,349
335
26
320
414
134
941
1,064
43
76
106
636
395
460
208
272
78
189
11
24
45
143
200
25
125
16
91
82
170
9
210
30
70
60
14,506
400
292,715
36,240
v 30,879
35,132
334,854
186,114
76,790
57,115
36,234
4,535
30,319
367
14,468
13,065
21,154
42,658
11,306
20,542
3,158
42,495
20,799
7,755
2,747
31,042
7,869
7,485
4,027
3
64
553
2,641
512
677
1,034
707
228
59
47
1,127
19
383
57
1,414
798
94
1,154
767
337
65
7,439
1,942
804
500
150
16,390
7,635
58
6,397
14,101
27,472
9,960
19,995
18,411
7,925
14,818
372
12,409
11,345
2,033
11
704
33
356
521
23
121
67
19
35
22,450
7,649
826
6,983
17,098
28,505
11,160
21,300
19,185
8,172
14,912
419
14,081
11,385
544
5,366
7,573
6,828
4,069
14,980
1,660
2,298
875
15,502
10,787
3,705
2,173
167
560
94
622
1,656
488
450
377
192
919
11,748
924
684
2,940
49
105
9
6
4
492
100
137
264
5,104
6,149
5,732
3,967
13,798
831
1,960
805
8,003
8,843
2,856
53
21
61
68
10
34
8
28
62
1
5
60
2
45
a
o
g
3w
o
a
o
1
Nashville
Cincinnati
t
Cleveland
Columbus
Toledo...
'.'.'.'.'.'.'.'.....
Indianapolis
Chicago
JPeoria
. .
Detroit
Grand Rapids
Milwaukee
Mimieapolis
St. Paul.././///."'.'.'.'.'.'.'.'.'.'.
Cedar Hapids
Des Moines
Dubuque
Sioux City
,
Kansas City, Mo
St. Joseph
Lincoln
Omaha
Kansas City, Kansl!!!!!!!!!
Tppeka
Wichita..Helena
Denver
Pueblo
Muskogee
Oklahoma City
Tulsa
Seattle
Spokane
Tacoma. fc
Portland
Los Angeles
Oakland
San Francisco
Ogden
18,498
50,149
15,407
31,108
16,121
40,187
11,598
8,467
75,444
11,138
47,941
59,397
41,127
4,321
13,253
2,373
8,111
49,211
7,239
7,915
45,336
4,623
5,718
8,929
2,456
45,707
6,969
5,423
18,740
25,22$
40,900
11,269
6,977
35,569
84,050
12,782
144,690
4,179
12,258
9
603
249
1,229
829
257
228
69
4,202
375
318
2,458
2,364
164
816
341
717
3,453
388
146
1,077
225
292
780
106
288
191
362
508
1,063
600
9
132
439
988
90
2,156
530
1,520
2,509
4,674
3,986
79
347
1,776
1,114
137
659
30
240
99
203
197
507
2,088
944
8,129
637
325
771
4,914
1,630
7,287
Total all reserve cities..
39
40
Salt Lake City
All other reserve cities
110
32
171
47
42
82
71
57
336
67
209
454
190
25
33
21
47
87
27
23
140
14
30
30
35
126
51
69
92
179
33
38
138
365
57
728
1
24
37
952
32
4
3,028
197
243
23
2
1
620
11
1
25
5
12
38
122
23
7
17
371
1,778
3,172
1,252
1,572
1,587
18,576
53,542
21,329
36,397
17,029
40,526
12,248
8,593
83,010
11,580
48,665
64,328
44,818
4,647
14,102
2,737
8,876
54,030
7,654
8,114
46,804
4^961
6,244
9,961
2,597
46,126
7,160
6,343
21,417
27,365
49,930
11,961
7,479
36,934
90,688
14,559
156,678
4,710
13,842
2,923
524
3,169
1,098
2,923
6,637
4,098
10,382
713
811
724
1,808
2,279
1,167
124
4,578
670
145
2,089
277
1,834
1,603
1,720
1,888
3,028
2,840
3,046
226
754
1,613
320
3,248
323
2,102
2,353,439
41,856
50,603
13,238
8,949
26,312
2,494,397
106,219
4,694,400
61,565
53,558
13,458
18,908
37,396
4,879,285
142,325
6,433
10,131
13,087
4,879
7,433
991
26,525
5,113
15,833
5,895
17,749
15,445
11,039
3,313
3,267
1,496
3,982
2,494
3,916
562
6,821
374
97
1,164
944
30,523
560
1,713
7,030
5,754
20,093
9,456
4,276
23,751
34,613
3,028
24,037
2,061
3,086
3
199
3
206
35
43
96
9
504
31
26
46
172
3
41
3
87
225
9
8
133
67
19
19
6
139
69
5
74
9
2,184
47
721
346
160
79
581
3
27
9,608
11,582
17,364
6,672
7,468
3,957
27,270
8,622
17,435
8,849
24,412
19,739
21,593
4,029
4,119
2,223
5,877
4,998
5,092
694
11,532
1,111
261
3,272
1,227
32,555
2,232
3,451
8,992
8,791
25,117
12,559
5,223
24,851
36,386
3,732
27,866
2,387
5,215
5,338
564,300
10,818
686,675
6,072
702,666
21,581
872,644
2,702
125
331
150
59
13
10
305
o
s
H
W
a
o
g
3
o
d
!
to
Co
TABLE NO. 29.—Classification of deposits of national banks at date of each report during year ended September 15, 1922—Continued.
DECEMBER 31,1921—Continued.
[In thousands of dollars.]
Demand deposits.
Cities, States, and Territories.
Individual
deposits
subject
to check.
Certificates of
deposit
due in
less t h a n
30 days.
State
and other
municipal
deposits.
Deposits
subject
to notice
of less
than 30
days.
Time deposits.
Dividends
unpaid.
Other
demand
deposits.
Total.
Certificates of
deposit
due on
or after
State
and other
municipal
deposits.
Other
time
deposits.
Postal
savings
deposits.
Total.
30 days.
COUNTEY BANKS.
Maine
New Hampshire
Vermont
Massachusetts
Bhode Island
Connecticut
Total New England
States
28,763
31,027
14,197
169,942
29,146
108,252
369
1,629
332
2,765
1,884
3,253
17
230
176
204
639
114
537
331
54
47
2,475
1,066
29,698
32,891
14,780
175,874
31,144
113,113
541
543
719
2,695
1,690
1,610
31
54,433
6,237
20,476
106,206
9,523
32,996
53
151
82
552
74
233
55,027
6,931
21,277
109,484
11,287
34,839
381,327
10,232
26
42
1,900
3,973
397,500
7,798
31
229, 871
1,145
238,845
New York
New Jersey
Pennsylvania.
Delaware
Maryland
279,962
249,491
385,317
9,233
21,146
7,096
5,672
14,176
3,883
391
1,014
1,206
1,235
2,831
68
215
3,039
1,786
8,932
4
124
295,391
269,572
428,625
9,429
22,332
39,010
2,126
108,357
375
2,989
323
207
262,046
172,913
435,356
4,262
45,985
335
604
1,515
20
7
301,714
175,643
545,435
4,657
260
205
10,997
16,355
124
139
Total Eastern States...
Virginia
West Virginia..
North Carolina.
South Carolina.
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
945,149
27,392
5,548 |
27,820
5,555
13,885
1,025,349
152,857
530
920,562
2,481
1,076,430
379
347
102
1,048
514
464
323
301
148
292
194
163
1,066
132
334
217
170
243
37
3
77
7
143
474
95
467
1,022
55
161
91,991
68,864
57,308
25,379
29,688
32,736
43,826
24,061
34,087
195,168
32,203
73,150
34,793
25,313
20,105
16,973
5,674
7,400
3,056
3,698
5,955
2,735
12,537
3,517
14,780
14,721
130
14
100
208
138
216
16
30
53,737
42,016
22,259
27,403
10,924
19,085
14,360
4,421
9,262
13,617
6,989
13,590
10,990
73
109
4
5
32
250
17
32
9
138
51
23
12
79,253
62,244
39,336
33,290
18,494
22,607
18,091
10,438
12,006
26,738
10,557
28,401
25,723
Total Southern States..
695,375
5,196
2,954
743,254
136,464
248,653
755
387,178
83,947
64,555
55,140
24,685
27,776
28,972
41,889
21,235
30,740
185,620
27,134
70,655
33,027
448
6,291
2,878
1,312
300
1,443
1,502
1,265
1,274
2,248
6,949
3,831
2,076 !
1,348 i
32,717
156
327
253
68
46
2,107
237
884
841
795
65
45
271
19
30
40
5,819
1,193
446
1,306
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
Alaska (nonmember banks)..
Hawaii (nonmember banks)..
Total
(nonmember
banks).
182,754
108,342
156,548
50,665
60,195
66,033
68,835
33,166
19,118
11,566
17,051
4,485
5,393
10,176
11,459
2,694
8,669
158
4,878
547
8
949
726,538
81,942
22,335
23,666
29,721
73,374
31,474
25,265
42,929
15,844
92,589
4,515
4,939
6,809
9,329
3,571
2,076
4,554
1,941
5,956
60
4,556
357,197
43,690
33,510
31,618
155,144
25,037
3,627
5,435
12,452
1,990
3,786
7,787
2,183
- 221
675
317
266,823
16,959
26,087
955
2,011
20
21
10
166
296
17
101
741
449
791
1,420
154
132
124
432
27
212,240
121,494
181,141
56,269
66,333
77,803
81,284
36,802
54,678
35,598
57,066
18,839
38,936
79,142
60,542
9,262
1,872
80
5,075
84
74
32
24
954
620
1,143
418
521
447
526
150
15,950
628
4,779
3,529
833,366
354,063
12
1
36
156
90
84
40
339
89
112
93
63
168
75
855
176
219
196
37
102
7
291
27,027
29,605
36,869
84,708
36,832
28,412
47,707
17,915
103,716
29,459
23,989
26,759
24,795
16,802
6,568
13,283
5,543
18,926
8,548
320
1,078
1,958
412,791
2,597
2,147
18,518
1,814
44
7
109
5
212
139
832
68
16
18
26
78
70
452
88
6
1
37
38,431
37,767
182,842
29,195
3,870
6,204
13,768
165
1,311
732
29
2
18
4
85
60
87
1,447
1,419
919
83
3
29
75
936
91,987
40,478
88,425
84,378
56,667
41,620
26,247
4,639
337
220
520
236
74
587
122
60
148,874
76,376
151,086
103,453
95,765
121,426
86,918
13,961
7,199
434,441
2,156
797, 859
5
23
71
6,702
6,051
2,684
6,044
9,514
7,301
10,691
1,894
9,018
11
14
19
137
232
89
282
18
95
36,177
30,054
29,462
31,151
26,548
14,060
24,256
7,478
28,110
166,124
376
59,899
73
40
857
125
182
19,417
8,677
69,375
6,585
2,402
3,235
3,945
897
664~
198
286
369
12
23
136
227,296
5,838
7,100
10,383
5,011
964
460
1,910
312,077
31,666
1,277
113,636
1,688
148,267
991
2,330
97
170
174
232
136
407
402
88
77
7
175
102
25,992
16,015
80,901
12,090
3,378
3,718
6,173
2,966
41
176
29
20
89
3,321
267
406
136
809
Total country banks...
3,375,375
212,973
62,154
30,197
19,839
27,120
3,727,658
849,239
10,719
2,007,468
9,258
2,876,684
Total United States
8,069,775
274,538
115,712
43,655
38,747
64,516
8,606,943
991,564
16,791
2,710,134
30,839
3,749,328
to
to
T A B L E N O . 29.—Classification of deposits of national banks at date of each report during year ended September 15,
to
to
1922—Continued.
MARCH 10, 1922.
[In thousands of dollars.]
Time deposits.
Demand deposits.
Cities, States,and Territories.
Individual
deposits
subject
to check.
New York
Chicago
St. Louis .
Central reserve cities...
Boston .
Albany
Brooklyn and Bronx
Buffalo
Philadelphia
. .
Pittsburgh
Baltimore
Washington, D. C
Richmond.
Charleston
Atlanta
Jacksonville
Hew Orleans
Dallas .
ElPaso...
Fort Worth
Galveston
Houston.
.
San Antonio
Waco
Little Rock
Louisville
Chattanooga
Memphis
Nashville
Certificates of
deposit
due in
less than
30 days.
State
and other
municipal
deposits.
1,670,916
383,579
110,298
16,023
6,718
962
1,854
45
2,164,793
23,703
1,899
279,192
18,221
30,719
34,460
311,153
175,658
69,018
59,787
32,573
4,623
29,608
342
14,330
11,610
18,880
44,626
12,424
27,228
2,910
39,166
20,044
8>264
2,473
30,732
7,502
6,455
19,399
529
7
147
132
1,861
486
297
302
483
13
920
65
283
132
211
322
214
32
2,508
293
23
329
298
50
724
5
3,536
167
510
209
1,346
2,428
505
829
51
1,856
Deposits
subject
to notice
of less
than 30
days.
Other
demand
deposits.
Dividends
unpaid.
State
and other
municipal
deposits.
Other
time
deposits.
Postal
savings
deposits.
Total.
72
42
20
16,349
269
8
1,705,467
390,653
111,294
24,636
1,506
4,238
734
6
122,629
17,689
26,460
10,048
831
64
158,047
20,026
30,762
259
134
16,626
2,207,414
30,380
734
166,778
10,943
208,835
126
8
1
1
160
30,704
360
12,282
947
7
5
13
14
3
4
1
483
2,881
5
5,411
2
313
748
2,802
509
737
1,289
307
266
90
42
1,335
22
665
104
1,781
965
163
i,305
638
317
75
7,309
2,019
1,337
2,578
17,054
7,690
78
5,408
15,585
27,985
10,900
21,428
18,911
7,807
15,088
377
12,669
11,046
2,205
8
766
8
286
415
22
117
64
18
18
1
280,015
52,469
31,394
35,104
325,995
181,323
71,756
60,651
33,204
4,640
30,530
343
15,230
11,924
20,872
44,918
12,747
27,442
2,942
41^773
20,416
8,288
2,802
31,032
7,553
7,180
19,431
24,670
7,700
1,157
6,364
18,673
28,909
12,159
22,994
19,282
8,091
15,196
419
14,562
11,089
775
5,724
8,985
6,920
4,210
15,828
2,843
2,368
871
15,800
10,513
4,267
8,988
253
4
4
1
1
78
Total.
Certificates of
deposit
due on
or after
30 days.
43
145
1
77
98
1
1
2
1
1
2
25
200
500
160
496
65
87
212
1,278
5,477
7,191
5,719
4,040
14,497
852
2,050
792
8,436
8,492
2,879
6,404
62
21
45
56
13
24
7
26
75
1
4
55
2
51
6
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis.
Chicago
Peoria
Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Paul
Cedar ftapids
Des Jdfolnes
Dubuqtie
Sioux City
Kansas City, Mo
St. Joseph.
.Lincoln
Omaha
Kansas City, Kans
Topeka
Wichita
Helena
Denver
Pueblo
Muskogee
Oklahoma City
Tulsa
Seattle
Spokane
Tacoma
Portland
IJOS Angeles
Oakland
San Francisco
Ogden
53,927
17,757
36,180
16,837
36,072
12,670
9,535
83,717
10,772
51,513
57,698
43,710
4,254
14,767
2,326
8,973
54,232
7,346
8,040
46,350
3,917
5^740
8,250
2,474
45,551
6,134
6,123
19,621
29,707
41,268
12,479
8,378
34,899
78,816
14,085
130,663
3,497
10,974
935
196
987
895
260
178
67
5,369
312
4,167
7,8.56
7,536
21
3,776
2,161
153
701
302
762
3,384
343
156
1,032
202
276
691
110
433
176
194
566
1,365
088
6
134
401
807
118
2,282
483
563
1,769
1,859
100
45
2,350,649
42,001
71,080
13,943
288
4,516,442
65,704
72,979
14,202
422
Salt Lake City
All other reserve cities
Total all reserve cities..
70
435
200
3
6
1
5
13
22
1
2
28
8
4
275
100
552
246
39
705,010
913,845
7,888
61,402
4,730,151
141,422
8,622
12
1
1
25
60
1
12
13
10,522
111,042
1
2
2
4
21,465
2,522,737
1
18
2
639
1
742,336
100
44,776
76
276
26
61
546
3,959
1,399
8,094
919
294
1,408
6,593
1,375
9,341
575,558
2,744
534
3,077
2,880
3,«358
10,066
2,843
7,817
728
1,086
768
1,838
1,815
1,192
113
5,486
632
161
2,208
273
1,650
1,560
1,682
1,535
2,915
2,638
2,504
213
755
2,192
308
3,686
311
1,579
4
25
2,285
3
30
11,647
18,729
6,768
7,432
3,717
26,594
8,425
10' 739
27,305
19,436
19,087
4,087
4,235
2,264
5,935
4,580
5,193
695
12,411
1,064
271
3,411
1,229
33,099
2,126
3,760
8,522
9,112
25,187
11,304
5,155
24, 712
37,417
3,667
32,647
2,322
4,434
10,188
13,377
4,888
7,408
930
25,862
5,006
13,706
7,349
17,233
16,382
11,128
3,357
3,120
1,492
3,979
2,548
3,990
577
6,805
376
92
1,192
954
31,339
511
1,721
6,886
6,182
20,192
8,774
4,301
23,600
35,059
3,038
28,426
2,008
2,727
159
766
179
1
165
24
43
98
11
349
32
6
36
142
2
29
4
118
217
11
5
120
56
18
11
2
110
55
3
101
15
2,357
26
641
357
166
71
535
3
28
59,032
29,212
44,779
17,754
36,337
13,300
9,649
91,572
11,086
51,617
63,527
47,760
4,566
15,471
2,646
9,737
59,022
7,689
8,226
47,670
4,219
6,569
9,213
2,584
46,045
6,310
6,893
24,156
32,490
50,060
13,439
8,813
36,803
87,041
15,590
144,207
3,980
11,699
3,397
6 •
29
10
27
108
31
7
35
824
1,869
17
1,280
1,771
1,715
3,580
100
331
175
354
250
TABLE NO. 29.—Classification of deposits of national banks at date of each report during year ended September 15,1922—Continued.
MARCH 10, 1922—Continued.
[In thousands of dollars.]
00
Demand deposits.
Cities, States, and Territories.
Individual
deposits
subject
t o check.
Certificates of
deposit
due in
less than
30 days.
State
and other
municipal
deposits.
Deposits
subject
to notice
of less
than 30
days.
Time deposits.
Dividends
unpaid.
Other
demand
deposits.
Total.
Certificates of
deposit
due on
or after
State
and other
municipal
deposits.
Other
time
deposits.
Postal
savings
deposits.
55,692
6,^75
20,557
110,994
9,847
34,351
54
159
100
582
74
201
56,752
7,200
21,316
114,859
11,648
36,426
Total.
30 d a y s .
COUNTRY BANKS.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England
States- .
27,489
29,146
13,574
167,618
29,539
100,725
449
1,551
434
2,920
2,184
3,663
368,091
11,201
30
46
50
5,866
385,284
9,008
107
237,916
1,170
248,201
New York
New Jersey
Pennsylvania
Delaware
Maryland
278,931
235,840
377,002
8,589
20,987
7,293
6,857
17,311
4,692
261
1,509
2,915
451
9,015
5
36
294,185
253,536
421,568
8,713
21,702
37,418
2,046
105,055
383
3,019
379
268,474
179,388
446,823
4,339
46,314
349
551
1,409
11
234
72
21
156
1
10
2,019
318
282
10,106
16,575
118
117
7
308,260
181,985
553,666
4,733
49,340
921,349
31, 779
6,696
27,198
260
12,422
999,704
147,921
2,398
945,338
2,327
1,097,984
78,832
63,526
54,718
22,671
26,041
34,884
40,003
21,593
31,674
192,370
25,682
69,618
34,239
6,069
2,615
1,221
278
1,121
1,451
1,218
1,105
1,820
6,269
3,835
2,047
1,331
39
268
918
54
88
2,809
502
2,595
1,541
830
18
333
352
15
18
9
4
13
3
8
4
23
61
5
10
8
224
798
31
3
104
7
2
73
98
578
960
95
156
85,512
67,577
56,897
23,011
27,415
39,154
41,733
25,530
35,156
200,296
30,500
71,817
35,734
26,155
19,972
19,058
5,615
7,585
3,463
4,828
5,837
2,854
13,264
3,559
15,919
14,912
137
34
101
226
146
388
33
45
8
13
54,483
42,818
23,174
26,420
11,327
19,535
13,564
4,304
8,991
14,058
7,226
14,187
10,868
60
95
7
6
36
270
30
30
7
167
60
21
9
80,835
62,919
42,340
32,267
19,094
23,656
18,455
10,216
11,852
28,087
10,845
30,135
25,802
695,851
30,380
9,662
181
3,129
740,332
143,021
1,729
250,955
798
396,503
Total Eastern States...
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States..
3
8
19
46
1
48
160
188
47
1,129
7
8
4
14
1
16
1
1,399
40
3,119
1
1,306
to
to
27,949
32,112
14,052
173,736
31, 725
105,710
1,006
566
659
3,176
1,727
1,874
107
598
Ohio
Indiana
Illinois..
Michigan
Wisconsin
Minnesota
Missouri
Total Middle Western
States
189,124
100,662
175,102
56,369
71,487
67,708
77,762
33,051
18,413
10,036
16,883
4,512
4,923
9,848
11,127
2,387
11,628
60
4,968
353
' 3
1,102
15
747
79
36
33
1
42
41
28
15
11
11
24
4
1,058 !
804
1,006
317
128
188
427
414
220,618
111.603
198,073
62,245
76,631
78,893
89,388
36,604
54,905
35,190
57,049
19,185
38,281
80,954
60,450
9,333
3,142
3,830
257
22
87
45
92,631
40,646
88,161
83,595
55,059
42,004
27,317
4,772
314
208
1,054
194
69
87
110
53
150,992
76,044
150,094
103,231
93,431
123,132
87,922
14,158
771,265
78,129
19,555
588
24,911
23,968
33,621
69,303
28,734
25,072
45,496
16,659
96,951
3,987
4,912
6,917
9,090
3,087
1,872
4,158
1,750
5,547
40
180
72
1,503
1,041
647
30
676
74
7
33
9
59
176
4,342
874,055
355,347
7,383
434,185
2,089
799,004
9
9
6
11
5
18
2
29,071
29,959
40,908
80,117
33,594
27,672
49,768
18,603
107,904
29,826
24,153
26,017
24,560
16,825
7,287
13,757
5; 648
20,941
8
67
302
20
94
214
218
203
694
54
53
12
349
28
219
6,915
5,870
2,529
5,956
9,020
7,333
10,552
2,008
9,025
182
5,026
11
364,715
41,320
8,691
899
80
1,891
417,596
169,014
952
2
8
18
21
3
8
1
1
51
58
353
86
111
1
72
39,031
38,022
168,550
26,977
3,234
5,843
14,259
6,201
7,001
11,434
5,344
902
684
1,824
85
237
770
101
112
60
732
295,916
33,390
3
75
1,055
2,437
100
116
86
r:'
North Dakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
. . . .
New Mexico
Total Western States...
Washington
Oregon
...
California
Idaho
Utah
...
Arizona
Total Pacific States....
Alaska (nonmember banks)..
Hawaii (nonmember banks).
Total ( n o n m e m b e r
banks)
Total country banks...
Total United States
33,932
31,507
143,702
23,543
3,004
5,287
12,871
2,124
3,855
6,526
2,003
111
464
255
2,916
2,576
17,846
1,340
253,846
15,338
25,828
1,022
2,117
19
50
11
167
8
102
90
1,060
28
35
15
21
114
275
86
247
14
163
36,784
30,105
28,869
30,630
26,168
14,986
24,556
7,698
30,348
59,208
970
230,144
187
19,510
9,135
69,704
6,543
2,493
3,240
4,191
601
177
309
434
8
30
143
26,397
16,550
82,217
12,422
3,403
3,954
6,345
1,380
114,816
1,702
151,288
188
254
131
1
419
371
48*
280
3,139
69
178
28
78
3,492
216
442
132
790
3,378,256
208,216
70,640
30,000
807
28,460
3,716,379
857,917
13,949
2,042,860
9,188
2,923,914
7,893,698
273,920
143,619
44,202
1,229
89,862
8,446,530
999,339
22,571
2,785,196
30,653
3,837,759
to
to
CO
TABLE NO. 29.—Classification of deposits of national banks at date of each report during year ended September 15,1922—Continued.
[In thousands of dollars.]
Time deposits.
Demand deposits.
Cities, States, and Territories.
New York
Chicago
St. Louis
Central reserve cities...
Boston
Albany
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
Charleston
Atlanta
Savannah
Jacksonville
Birmingham
New Orleans..
Dallas
El Paso
Fort W o r t h . . . .
Galveston
Houston
San Antonio
Waco
Little Rock
Louisville
Chattanooga.
Memphis
Nashville
Individual
deposits
subject
to check.
Certificates of
deposit
due in
less than
30 days.
State
and other
municipal
deposits.
Deposits
subject
to notice
ofless
than 30
days.
Dividends
unpaid.
Other
demand
deposits.
Total.
Certificates of
deposit
due on
or after
30 days.
State
and other
municipal
deposits.
Other
time
deposits.
Postal
savings
deposits.
Total.
1,808,639
385,086
107,589
15,293
3,429
715
3,874
4,295
200
128
23
25
25,488
201
1
1,853,622
393,034
108,336
27,695
1,698
5,172
1,890
30
6
131,718
18,921
27,057
12,096
858
169
173,399
21,507
32,398
2,301,314
19,437
8,169
206
176
25,690
2,354,992
34,565
1,920
177,696
13,123
227,304
293,427
20,198
32,125
37,285
329,896
185,856
74,343
60,480
32,628
4,240
32,375
291
15,025
12,880
18,358
49,523
12,523
26,104
2,639
41,539
19,830
8,834
2,286
33,041
7,424
6,594
20,238
532
6
154
65
2,133
821
338
288
388
13
807
21
14
3
1
2
114
20
14
20
3
2
1
204
21,271
360
9,392
2
303
587
3,485
547
1,113
1,319
300
366
87
52
3
5
18,530
8,312
132
5,751
16,751
28,625
11,582
21,130
18,930
8,530
15,523
373
13,130
10,967
5
6
30
294,198
46,991
32,807
37,842
345,512
191,798
76,224
61,338
33,139
4,255
33,187
291
17,597
13,236
21,184
49,797
12,809
26,270
2,850
44,151
20,924
8,850
2,641
33,727
7,466
7,326
20,287
2,225
8
580
16
254
276
33
986
60
11
16
10
55
42
51
47
11
22
4
16
79
1
3
89
3
42
9
30,147
8,322
1,015
6,605
20,490
29,448
13,228
23,595
19,290
8,907
15,626
435
17,056
11,026
1,262
7,047
8,754
6,855
3,996
16,518
3,737
2,588
846
15,921
10,595
4,334
9,070
87
302
69
238
286
166
36
2,610
331
15
354
325
40
731
4
5,513
167
510
599
1,238
1,528
533
2,477
54
2,752
11,944
994
1
753
359
1
1
2
2
1
2
Co
o
MAY 5, 1922.
826
2,869
1
17
122
4
175
1
10
23
' 17
763
451
1,729
838
185
1,743
1,090
332
85
7,207
1,970
1,351
2,560
251
500
160
2,282
448
194
1,528
6,549
7,014
5,801
3,807
14,759
1,040
2,255
758
8,625
8,622
2,941
6,501
53,074
18,691
35 629
16,509
40,308
13,095
9,616
81,126
10,065
46,432
56,012
40,412
4,332
16,770
2,500
8,896
53,324
6,677
8,577
45,564
3,856
6,067
8,883
2,513
48,231
6,153
5,874
20,954
32,928
42,200
11,564
7 944
30,919
82,329
14 510
140,262
3 259
10,458
879
245
869
953
474
154
67
5,210
262
2,246
7,917
8 845
1
3,404
2,321
160
660
342
613
3,326
323
99
999
212
289
339
1,236
1,473
410
542
804
3,713
1,869
14,217
2,328
401
7,964
7,503
1,870
10,921
45
131
25
2
All other reserve cities.
2,426,463
41,971
92,635
13,823
439
Total all reserve cities.
4,727,777
61,408
100,804
14,029
615
Cincinnati
Cleveland
Columbus.... . .
Toledo
Indianapolis
Chicago...
Peoria
Detroit. .
Grand Rapids
Milwaukee
St. Paul.
Cedar
Rapids
Des
Moines
Dubuque. . .
Sioux Citv
Kansas City, Mo
St Joseph
1/incoln.
Omaha
Kansas City, Kans
Topeka..
Wichita
Helena. .
Denver...
Pueblo
Muskogee
Oklahoma Citv
Tulsa
Seattle...
Spokane
Tacoma
Portland
[Los Angeles
Oa.lrlq.nf1
San Francisco
Off den
Salt Lake City
107
418
172
191
567
1,564
642
5
112
359
1,282
40
2,221
70
552
300
150
80
2
6
7
2
8
22
4
5
18
13
7
56,279
26,870
45,433
17,470
40,784
13,814
9,733
88,223
10,332
46,475
60,777
44,237
4,643
17,438
2,843
9,511
57,740
7,001
8,887
46,881
4,169
6,840
9,914
2,621
48,658
6,325
6,889
25,278
36,393
57,195
13,924
8,464
39,264
91,601
16,420
154,328
3,714
11,158
1,177
1,920
1 878
29,872
2,605,203
124,272
10,667
55,562
4,960,195
158,837
12,587
15
14
5
28
1 583
25
112
24
1
8
772
211
101
484
248
1
2
19
298
1
1
286
9
23
3
1
1
441
1
19
2
2
8
44
30
134
27
7
35
3
2
19
485
11
888
2,780
616
2,908
2 619
3,316
8,254
4,329
9,838
713
707
730
2,076
2,080
1 170
126
5,653
3,570
75
331
106
676
170
10,537
14,552
4,802
7,495
966
25,544
4,918
12 539
7,366
17,262
16,428
11,156
3 322
3,001
1,554
4,351
2,546
4,106
548
6,618
384
96
2,325
1,443
272
969
1,677
1,427
1,909
3,687
3,528
2,925
2,579
275
748
2,323
274
5,026
300
530
1,568
25
211
109
130
4
24
3
100
216
8
5
102
53
16
8
1
85
44
4
282
29
583
335
177
52
571
4
40
589,778
11,318
736,035
767,474
24,441
963,339
509
617
200
111
11
267
11 857
20,097
6 823
7,605
3,777
26, 346
8 168
15 425
10,707
25, 727
20,972
21,124
4 039
3,732
2 287
6 527
4^842
5? 284
679
12,373
1 113
3,776
1,242
33,897
1,980
3,798
11,420
10,395
26,663
11,234
5 139
24,873
38,454
3,652
36,185
2,536
4,292
32,135
105
143
55
143
110
31
1,780
6,969
6,651
21,342
8,626
4,281
23,790
35,954
3,026
30,588
2,002
2,684
147
16
2,396
CO
TABLE NO. 29.—Classification of deposits of national hanks at date of each report during year ended September 15, 1922—Continued.
Demand deposits.
Cities, States, and Territories.
Individual
deposits
subject
to check.
Certificates of
deposit
due in
less t h a n
30 days.
State
and other
municipal
deposits.
Deposits
subject
to notice
of less
than 30
days.
Time deposits.
Dividends
unpaid.
Other
demand
deposits.
Total.
Certificates of
deposit
due on
or after
30 days.
State
and other
municipal
deposits.
Other
time
deposits.
Postal
savings
deposits.
Total.
COUNTRY BANKS.
Maine.
New
Hampshire
Vermont
Massachusetts .
Rhode Island
Connecticut
......
Total New England
States
New York....
New Jersey .
Delaware
Maryland .
Total Eastern States...
Virginia..
West Virginia .
North Carolina
South Carolina
Georgia
Florida .
AlabamaMississippi .
Louisiana.
Texas
Arkansas
Kentucky..
Tennessee...
. .. .
.. .
Total Southern States..
19
7
29,501
29,714
13,465
174,467
28,815
106,336
448
1,271
330
3,119
2,483
3,741
382,298
11,392
29
290,154
235,310
383,500
8,500
21,842
6,943
7,055
13,612
6,288
521
2,122
166
939,306
27,776
80,874
62,547
52,994
23,651
26,144
33,435
39,761
19,878
31,533
189,873
26,744
65,313
32,908
685,655
1
52
39
2,276
29
11
9
3
17
5
26
74
56,536
6,520
20,765
115,745
9,997
35,066
46
142
107
576
124
515
57,303
7,310
21,534
119,922
11,899
38,032
31
244,629
1,510
256,000
39,478
2,262
106,863
381
2,935
329
141
652
543
179
272,110
183,975
446,449
3,815
45,832
368
636
1,784
50
7
312,285
187,014
555,748
4,789
48,953
1,016,567
151,919
1,844
952,181
2,845
1,108,789
87,467
66,285
55,724
24,212
27,748
38,832
41,257
23,865
35,331
198,957
31,464
67,286
34,448
25,552
20,367
19,393
5,678
7,750
3,256
3,864
5,869
2,751
14,164
3,455
17,006
14,961
170
106
127
1,558
136
577
12
309
270
449
5
25
56,499
42,750
23,361
25,683
11,456
19,856
14,910
4,213
9,147
14,619
7,350
14,204
11,219
89
63
10
7
36
237
28
26
13
167
59
23
7
82,310
63,286
42,891
32,926
19,378
23,926
18,814
10,417
12,181
29,399
10,869
31,258
26,187
732,876
144,066
3,744
255,267
765
403,842
1,500
29,980
31,053
13,837
179,927
31,303
111,632
721
648
662
3,570
1,778
2,451
71
3,868
397,732
9,830
509
10,263
16,405
109
101
160
21
159
2
6
3,219
884
8,197
398
306,885
254,054
423,995
8,611
23,022
9,440
26,999
348
12,698
6,014
2,615
1,146
431
1,209
1,644
1,239
1,098
1,904
6,586
3,686
1,852
1,374
46
359
1,538
49
290
3,745
248
2,687
1,732
1,849
10
25
14
298
351
11
18
16
4
12
3
6
3
3
63
3
11
3
224
395
30
77
74
5
3
1
159
445
1,009
85
149
30,798
12,592
156
2,656
3
45
m~
19
198
141
12
1,019
to
CO
to
MAY 5, 1922-Continued.
[In thousands of dollars.]
31
Ohio
Indiana
. .
Illinois....
I»J.
bo
gj
-S
o
to
T
Michigan
Wisconsin.....
Minnesota
Iowa
Missouri
Total Middle Western
States
180,283
113,247
178,520
55,617
73,964
65,119
77,060
32,338
17,917
9,767
15,554
4,109
5,080
9,611
10,015
2,390
12,025
343
4,944
1,425
140
1,382
15
753
348
30
66
776,148
74,443
22,037
26,174
33,245
68,468
27,809
23,450
42,433
17,407
99,505
4,081
4,509
6,571
8,983
3,209
2,190
4,323
2,140
5,805
360,528
33,776
31,561
140,597
23,151
3,007
5,764
13,588
87
90
33
11
96
18
22
9
12
24
17
3
814
899
1,016
278
29
137
441
106
211,483
124,304
200,122
61,438
79,312
76,363
87,581
35,601
54,363
35,544
57,672
19,363
38,653
81,551
62,213
9,339
2,625
57
3,455
259
377
281
90,719
40,530
88,450
83 954
55,171
42,373
27,184
5,084
335
277
670
259
60
140
47
46
148,042
76,408
150 247
103 835
94 261
124,345
89 444
14^469
21,027
665
201
3,720
876,204
358,698
7,054
433,465
1,834
801,051
81
79
122
1,716
1,277
611
40
674
53
10
37
5
30
38
27
69
186
224
128
239
33
73
36
333
26,314
31,630
40,219
79,312
32,575
26,301
46,866
20,244
112,859
30,258
24,863
26,698
25,387
16 277
6,948
13,865
5,946
22,355
29
1
661
7,151
6
8
4
7
4
12
7
16
654
6,995
5,880
2,708
6,134
9 577
7,444
10,908
2,056
10,204
14
12
23
102
311
84
219
14
166
37 296
30^756
29,429
31 627
26 165
14!560
24 992
8 032
33,379
41,811
11,698
887
75
1,321
416,320
172,597
788
61,906
945
236,236
2,395
3,896
6,660
1,983
127
467
306
6,058
5,865
17,656
2,427
23
90
1,795
5
17
16
1
5
1
2
75
224
1,698
75
119
6 506
6,667
11,737
5,604
833
636
1,706
330
395
811
165
10
31
42,309
41,698
167,004
27,639
3,282
6,322
15,722
354
19 665
8,654
66,204
6,567
2,426
3 202
4,210
591
170
226
421
11
57
113
27 092
15 886
78,978
12,757
3 280
3 895
6,'383
251,444
15,834
33,914
47
2,222
303,976
33,689
2,065
110,928
1,589
148,271
1,048
1,995
8
31
11
167
2
40
1,069
2,262
95
54
219
263
122
1
436
318
JO
North Dakota..
South Dakota
M Nebraska
^ Kansas.....
Montana
Wyoming
Colorado^
New Mexico
Oklahoma
. -
Total Western States...
Washington
Oregon
California . .
Idaho
Utah
Nevada
Arizona
.
.
. . .
... . . . .
Total Pacific States
Alaska (nonmember banks)..
Hawaii (nonmember banks)..
Total
(nonmember
banks)
135
377
2
1
515
29
4
84
3,043
39
178
29
42
3,331
149
482
123
754
Total country b a n k s . . .
3,398,422
202,093
88,878
30,188
898
26,527
3,747,006
870,948
15,526
2,058,858
9,611
2,954,943
Total United S t a t e s . . . .
8,126,199
263,501
189,682
44,217
1,513
82,089
8,707,201
1,029,785
28,113
2,826,332
34,052
3,918,282
CO
CO
to
TABLE NO. 29.—Classification of deposits of national banks at date of each report during year ended September 15,1922—Continued.
CO
JUNE 30, 1922.
[In thousands of dollars.]
Time deposits.
Demand deposits.
Cities, States, and Territories.
Individual
deposits
subject
to check.
Certificates of
deposit
due in
less than
30 days.
State
and other
municipal
deposits.
1,979,667
409,347
111,329
18,236
3,954
1,281
5,295
4,440
2,500,343
23,471
9,735
New York.
Chicago
St. Louis...
Central reserve cities..
Boston
Albany
Brooklyn and Bronx..
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
Eichmond
,
Charleston
,
Atlanta
Savannah
Jacksonville
Birmingham
,
Hew Orleans
,
Dallas
El Paso
Fort Worth
Galveston
Houston
,
San Antonio
Waco
Little Rock
,
lyouisville
,
Chattanooga
,
Memphis
Nashville
318,861
20,663
31,087
40,369
345,872
188,474
78,535
57,569
34,431
4 287
32,986
290
15,059
12,679
20,618
65,036
11,621
26,127
2,600
42,742
18,643
8,222
2,184
28,975
7,596
7,057
20,009
143
44
1,949
858
239
212
343
13
770
85
356
363
207
467
323
108
2,907
353
52
27
349
34
1,110
Deposits
subject
to notice
of less
than 30
days.
921
*"*6
8,207
527
510
861
1,378
4,316
565
209
1,659
15
2,476
576
Dividends
unpaid.
6,317
1,991
278
927
12,468
1,000
1,063
42
66
103
417
517
480
211
274
98
189
10
34
90
143
201
85
126
12
48
53
49
Other
demand
deposits.
Total.
Certificates of
deposit
due on
or after
30 days.
State
and other
municipal
deposits.
Other
time
deposits.
Postal
savings
deposits.
Total.
2,025,973
419,968
112,895
61,656
1,588
5,129
30
1
196,526
20,600
29,267
11,781
822
170
271,553
23,040
34,566
15,774
2,558,836
68,373
1,620
246,393
12,773
329,159
35
21,188
322,518
50,106
31,823
41,026
361,816
195,068
83,585
58,639
35,359
4,398
33,997
300
16,843
13,040
23,600
55,467
12,173
26,576
2,824
45,726
19,646
8,333
2,211
29,530
7,660
8,237
20,071
18,183
401
300
994
2,414
779
968
1,260
2*3
287
74
48
1,659
19,837
8,618
169
6.959
17^640
27,290
11,928
21,458
19,078
7,075
15,982
372
13,621
11,160
2,362
11
739
16
272
165
55
649
64
22
16
5
57
40,382
9,030
1,208
8,222
20,326
28,234
14,151
23,527
19,375
9,847
16,072
425
17,937
11,197
775
7,443
8,463
6,925
3,899
16,889
3,887
2,600
1,457
16,082
11,362
4,149
9,279
15,537
236
2*9
2,841
15
82
102
23
104
29
21
10
206
26
420
194
1,491
677
101
1,700
1,039
322
684
7,098
2,119
1,024
2 771
253
1,200
160
2,463
2,600
""304'
160
"i,"753"
7,214
6,963
6,067
3,788
15,179
1,020
2,278
768
8,909
9,240
3,088
6,504
35
61
35
9
21
10
10
75
58,266
22,665
37,060
17,713
43,391
15,374
10,049
93,317
10,178
46,719
60,043
44,621
4,588
14,309
2,196
8,661
55,798
6,619
9,340
50,950
5,016
6,133
9,622
2,228
49,025
6,295
5,891
23,085
40,215
43,996
10,676
8,126
33,278
87,448
14,187
149,578
3 178
12,141
858
268
975
893
494
185
77
5,348
274
2,601
9,017
10,353
4,383
2,118
152
506
358
2,036
1,074
All other reserve cities..
Total all reserve cities..
Cincinnati
Cleveland..
Columbus
Toledo
Indianapolis
Chicago
Peoria
Detroit
Crrand Rapids
Sfiiwaukee. .
Minneapolis
. . . .
.
.
St. Paul
Cedar Rapids *
Des Moines
Dubuque
Sioux City
Kansas City, Mo
St. Joseph
Lincoln
Omaha...
Kansas City, Kans
Topeka
W&hita
Helena
Denver.
. .
Pueblo
Muskogee
Oklahoma City
Tulsa
Seattle
Spokane
Tacoma . .
Portland
Los Angeles
Oakland
San Francisco
Ogden
Salt Lake City
.
171
69
70
161
638
800
142
785
779
221
377
895
114
462
293
198
645
99
580
720
489
5
109
80
67
25
237
68
148
276
182
33
26
31
42
4,272
350
73
1,395
1,130
64
287
290
83
14
33
122
10
31
36
21
91
5
76
46
92
135
41
23
898
839
4,682
2,733
13,542
3,031
435
48
1
5
25
1,728
357
151
26
i
1
20
5
52
7
19
43
31
124
27
2
61,896
32,067
48,523
18,607
44,126
16,269
10,176
101,430
10,520
47,224
66,889
48,021
4,915
14,841
2,586
9,489
60,952
6,983
9,733
52,762
5,346
7,121
11,325
2,363
50,483
6,593
7,023
28,501
44,201
58,286
13,780
8,695
39,271
96,698
16,051
164,355
3,717
12,906
11,018
14,971
4,818
7,289
980
28,974
4,947
13,949
7,346
17,419
15,130
11,079
3,408
3,019
1,657
4,648
2,564
4,380
557
6,565
117
40
136
97
25
84
7
245
17
197
100
93
3
17
2
679
167
383
95
264
3,828
1,029
32,919
46
13
8
5
68
28
7
141
17
1,349
2,857
1,666
3,060
688
2,790
2,756
3,262
5,862
3,705
11,340
739
726
2,180
155
440
262
750
1,891
2,289
1,121
133
4,671
2,719
2,152
1,430
1,785
3,099
5,208
2,606
2,718
530
228
1,258
363
255
1,826
7,084
6,693
22,198
8,672
4,375
24,652
36,535
3,105
35,375
2 018
2,846
91
217
6
5
91
2,396
19
495
12,484
20,048
6,620
7,386
4,065
29,901
8,184
16,950
10,625
23,478
19,197
22,512
4,150
3,762
2,409
6,630
5,070
5,507
695
11,327
1,108
275
6,555
1,298
35,139
1,988
3,846
11,582
12,281
27,200
11,409
5,125
25,710
39,165
3,872
41,130
2,412
4,670
356
1,337
64
1,572
5,464
7,209
1,740
12,608
514
465
25
263
36
1
2,554,467
46,891
103,914
14,041
8,000
27,983
2,755,296
132,913
14,204
611,086
10,705
768,908
5,054,810
70,362
113,649
14,968
16,586
43,757
5,314,132
201,286
15,824
857,479
23,478
1,098,067
35
137
293
60
482
36
411
80
751
2,469
291
5,219
425
393
1,801
307
161
51
5361
23
to
CO
TABLE NO. 29.—Classification of deposits of national hanks at date of each report during year ended September 15,1922—Continued.
to
CO
JUNE 30,1922—Continued.
[In thousands of dollars.]
O
Demand deposits.
Cities, States, and Territories.
Individual
deposits
subject
to check.
Certificates of
deposit
due in
less than
30 days.
State
and other
municipal
deposits.
Deposits
subject
to notice
of less
than 30
days.
Time deposits.
Dividends
unpaid.
Other
demand
deposits.
Total.
Certificates of
deposit
due on
or after
30 days.
State
and other
municipal
deposits.
Other
time
deposits.
Postal
savings
deposits.
Total.
COUNTRY BANKS.
Maine
New Hampshire
Vermont.
Massachusetts
Rhode Island
Connecticut
Total New England
States
New Y o r k . . . .
New Jersey...
Pennsylvania.
Delaware
Maryland
Total Eastern States..
Virginia
West Virginia...
North Carolina.,
South Carolina..
Georgia
Florida
Alabama
Mississippi
I/ouisiana
Texas
Arkansas
Kentucky
Tennessee.......
Total Southern States..
217
177
180
631
110
529
2,985
56
38
2,713
33,113
31,253
14,427
183,448
30,537
113,863
76
1,844
7,276
406,641
1,376
1,210
2,962
45
214
2,710
171
8,635
312,443
270,923
429,178
9,539
21,909
36,707
3,350
106,449
381
2,891
'361
542
116
10,039
15,590
105
59
14,122
25,909
5,807
11,523
1,043,992
149,778
5,823
2,544
1,055
314
1,791
1,857
1,352
1,558
2,485
6,426
3,945
1,905
1,341
121
309
1,249
18
134
4,308
361
3,147
2,000
4,638
284
7
290
232
59
25
1,027
471
478
331
295
147
252
140
163
656
93
318
211
244
263
33
39
77
1
3
211
113
697
968
91
148
90,578
66,287
59,603
26,033
28,946
35,406
40,771
25,862
36,732
200,484
32,953
69,310
35,914
32,396
16,576
1,174
4,582
2,888
748,879
29,352
29,532
13,886
176,978
27,937
108,156
520
1,485
323
3,045
2,490
3,667
385,841
11,530
74
291,866
251,175
385,965
9,389
20,936
6,877
6,976
13,296
1,352
2,730
151
959,331
27,300
83,073
62,336
56,788
25,331
26,624
29,093
38,803
20,627
31,971
187,835
27,604
66,964
34,214
691,263
32
25
179
619
832
659
3,728
1,508
2,534
54,123
6,663
21,158
118,930
10,103
, 34,224
40
137
111
781
91
471
54,782
7,632
21,928
123,439
11, 702
37,229
245,201
1,631
2:56,712
338
735
1,464
289
105
280,110
199,118
446,951
4,238
47,003
317,771
203,203
555,225
4,908
50,008
1,082
977,420
2,835
1,131,115
26,588
20,323
20,825
5,827
7,325
3,422
4,107
5,776
2,642
13,822
3,532
18,029
15,756
481
58
202
185
202
481
104
44
1,055
3,026
566
239
57,520
43,115
24,097
27,025
12,066
20,392
15,719
4,830
8,629
14,884
7,610
13,769
11,236
100
44
10
7
31
196
28
24
10
205
55
25
296
84,689
63,540
45,134
33,044
19,624
24,491
19,958
10,674
12,336
31,937
11,763
32,062
27,288
147,974
6,643
260,892
1,031
416,540
616
Ohio
Indiana
Illinois
Michigan...
Wisconsin
Minnesota
Iowa
.
Missouri
Total Middle Western
States
189,798
115,357
174,196
56,523
74,109
74,902
73,150
32,754
17,088
9,928
15,005
4,186
4,778
9,888
10,193
2,676
13,113
328
6,216
1,764
790,799
73,742
26,050
North Dakota
South Dakota
Nebraska
Kansas.
......
Montana. .
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States...
Washington
Oregon
California
Idaho...
Utah
Nevada...
Arizona
...
Total Pacific States
Alaska (nonmember banks)..
Hawaii (nonmember banks)..
20,661
25,445
33,685
74,223
25,808
23,656
40,322
17,409
105,948
3,982
4,485
6,664
8,880
3,213
2,332
4,749
2,424
6,619
155
92
155
2,402
1,330
519
37
740
10,788
367,157
43,348
16,218
33,704
30,628
142,518
22 936
% 585
5,986
13,143
2,423
4,239
6,428
2,270
139
555
316
6,457
5,124
18,032
3,945
32
90
1,308
251,500
16,370
34,988
1,096
2,307
12
27
11
188
T o t a l (nonmember
banks).
3,802
17
810
207
349
89
Q19
651
929
410
483
315
370
115
705
465
1,425
594
111
183
488
891
7
1,027
90
60
20
4
12
54,362
35,811
57,556
19,334
38,348
81,855
63,816
9,571
2,923
105
4,154
282
415
833
{)
221,830
127,078
197,860
63,487
79,554
89,199
84,282
36,364
4,192
3,980
899,654
75
62
51
71
294
59
51
88
60
159
62
232
181
201
241
18
119
51
216
24,929
31,332
40,846
86,060
30,671
26,580
45,327
20,684
123,805
1,295
895
1,321
130
103
660
49
15
27
33
75
276
285
71
179
1
36
1,017
13
73
109
64
222
94
55
371
29
92
92,646
42,146
90,431
85,173
56,215
43,434
27,666
5,254
286
249
520
214
67
125
36
43
150,217
78,311
152,661
105,003
95,045
126,247
91,518
14,960
360,653
8,804
442,965
1,540
813,962
31,245
25,155
28,005
26,217
16,394
6,615
14,444
5,641
23,603
32
1
52
87
84
8
58
735
7,113
5,884
2,473
6,101
9,243
7,483
11,434
2,105
10,577
15
11
21
96
287
71
183
11
160
38,405
31,051
30,551
32,501
25,924
14,253
26,069
7,815
35,075
430,234
177,319
1,057
62,413
855
241,644
42,789
40,592
168,017
29,326
2,950
6,659
14,836
6,466
6,487
11,968
5,794
741
526
1,796
121
390
1,133
307
37
1,488
20,212
8,703
68,657
6,656
2,377
3,382
4,439
529
146
222
397
5
49
99
27,328
15,726
81,980
13,154
3,160
3,957
7,822
923
305,169
33,778
3,476
114,426
1,447
153,127
1
30
1,120
2,594
95
65
239
259
125
1
459
325
3,403
39
199
29
13
31
3,714
160
498
126
784
Total country banks...
3,449,294
204,725
108,227
29,745
18,350
27,942
3,838,283
879,542
21,062
2,103,815
9,465
3,013,884
Total United States....
8,504,104
275,087
221,876
44,713
34,936
71,699
9,152,415
1,080,828
36,886
2,961,294
32,943
4, 111, 951
to
CO
TABLE N O . 29.—Classification of deposits of national banks at date of each report during year ended September 15, 192%—Continued.
to
SEPTEMBER 15, 1922.
CO
00
[In thousands of dollars.]
Time deposits.
Demand deposits.
Cities, States, and Territories.
New York
Chicago
Central reserve cities
Boston
Albany
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
Charleston
Atlanta
Savannah
Jacksonville
Birmingham
New Orleans
Dallas.
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
Little Rock
Louisville
Memphis
Nashville
Individual
deposits
subject
to check.
1,813,259
445,780
Certificates of
deposit
due in
less than
30 days.
23,781
3,486
State
and other
municipal
deposits.
4,264
5,262
Deposits
subject
to notice
of less
than 30
days.
816
Dividends
unpaid.
495
44
Other
demand
deposits.
23,298
317
Total.
1,865,913
454,889
Certificates of
deposit
due on
or after
30 days.
52,763
1,759
2,259,039
27,267
9,526
816
539
23,615
2,320,802
54,522
312,827
22,257
33,472
35,078
368,306
196,390
73,989
60,356
31,758
4,149
34,146
306
14,550
14, 111
23,492
52,623
11,993
28,166
2,741
43,946
21, 249
7,939
2,205
31,226
6,828
19,120
644
6
153
91
2,464
855
235
364
285
52
935
50
11,950
607
2,182
5,257
3,218
3,830
340
729
379
8
2
1
2
6
3
14
145
1
4
1
483
5,335
73
332
65
112
365
352
72
3,561
520
56
26
308
902
11
1,190
18
1,191
3,244
116
16
314,391
39,550
34,233
37,353
388,462
204.198
78,078
61,237
32,840
4,205
35,343
306
15,819
14,461
24,752
56,121
12,475
28,534
2,944
47,522
23,269
8,885
2,391
31,672
7,731
20,438
8,126
401
323
»87
2,584
726
769
1,139
228
112
131
44
2,719
14
816
204
1,675
647
157
1,111
1,039
348
330
7,407
1,647
2,621
246
862
160
136
i,285
12,122
943
307
2,789
10
32
67
131
14
1
27
]L9
State
and other
municipal
deposits.
1,672
45
1,717
1,559
1,700
125
508
2,466
Other
time
deposits.
Total.
w
180,387
22,178
202,565
34,595
9,337
39
9,109
19.107
27, 820
12,276
24,343
17,211
7,763
15,688
376
13,945
11.108
""257'
80
345
Postal
savings
deposits.
7,656
6,594
5,477
3,742
15,254
1,094
2,454
748
8,909
2,973
6,576
11,676
734
246,498
24,716
12,410
271,214
2,536
17
962
16
630
585
51
284
44
33
11
5
43
31
42
18
7
15
9
17
69
1
4
57
47
7
45,257
9,755
1,324
11,671
22,321
29,131
14,796
25,891
17,483
8,416
15,830
425
19,173
11,153
1,115
7,878
8,356
6,484
3,908
16,382
3,430
2,803
1,082
16,373
4,667
9,204
a
o
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis
Chicago
Peoria
Petroit
Grand Rapids
Milwaukee
Minneapolis
StPaul
Cedar Rapids
Pes Moines
Dubuque
Sioux City
Kansas City, Mo
St. Joseph
St.Louis*
Lincoln
Omaha
Kansas City, Kans
Topeka
Wichita
Helena
Denver
Pueblo
Muskogee
Oklahoma City
Tulsa
Seattle
Spokane
Tacoma
Portland
Los Angeles
Oakland
San Francisco
Ogden
Salt Lake City
,
60,623
22,966
32,025
17,335
39,519
15,701
9,582
106,406
12,617
48,607
67,278
48,161
4,546
13,568
2,331
8,448
59,003
6,815
122,532
8,284
50,962
3,202
6,310
9,769
3,129
53,451
5,764
5,858
21,962
42,675
4^771
11,838
7,222
37,053
97,447
15,957
165,124
3,113
12,131
895
282
908
994
530
390
77
2,354
2,888
11,566
15,224
3,228
1,901
1,696
449
4,673
70
342
"4*976"
3,140
4,052
2,691
32
891
121
69
2,585
1,491
158
524
367
708
4,681
349
1,032
59
1,144
235
345
926
86
423
178
143
701
1,544
501
6
185
345
1,009
64
1,887
534
385
4,772
206
921
4,091
3,460
11,475
2,063
1,463
2,510
6,069
1,340
8,566
120
611
64
324
30
1
139
22
*291
....
7
740
4,618
936
661
1,002
"*33
"293
15
1
1
1
103
19
45
34
216
24
1
40
275
83
16
64,413
34,896
48,230
21,557
41,955
17,809
10,110
113,436
12,961
51,838
76,638
52,374
4,876
14,985
2,841
9,225
66,561
7,165
123,620
9,083
57,050
4,373
7,316
11,699
3,216
58,661
6,148
6,941
26,799
47,716
58,964
13,931
8,871
39,949
104,801
17,362
175,800
3,767
13,168
1,646
2,415
1,806
3,194
500
2,628
5,681
3,258
5,609
5,208
6,440
729
427
778
2,037
2,247
1,156
5,665
96
3,841
702
219
2,825
305
3,676
1,668
1,907
2,692
5,782
2,711
2,979
223
738
3,331
306
7,809
406
1,939
4,989
405
610
333
*300
17
450
153
227
1,259
918
440
250
20
10,864
16,307
5,151
7,255
1,010
29,456
4,763
15,549
7,298
17,572
22,567
10,995
3,346
2,917
1,675
4,981
2,085
4,154
32,641
833
6,576
399
100
2,859
1,034
33,574
937
1,858
7,329
6,114
22,305
8,542
4,334
25,297
36,865
3,043
29,259
1,966
2,830
116
30
106
93
23
82
6
221
16
143
124
53
2
16
2
83
224
8
81
5
67
64
23
6
2
41
64
7
124
15
2,326
414
300
155
38
480
1
43
12,626
23,741
7,063
7,348
4,227
30,443
8,007
21,451
10,572
23,324
28,232
17,488
4,077
3,660
2,455
7,101
4,556
5,318
38,387
951
10,934
1,165
342
5,690
1,341
37,444
2,669
3,999
11,404
12,829
27,342
11,538
4,971
26,335
40,351
3,827
37,798
2,393
4,812
All other reserve cities.
2,759,311
44,597
148,955
14,015
458
10,979
2,978,315
131,884
18,639
660,834
11,162
822,519
Total all reserve cities.
5,018,350
71,864
158,481
14,831
997
34,594
5,299,117
186,406
20,356
863,399
23,572
1,093,733
n
w
si
o
o
i St. Louis terminated as a central reserve city and designated a reserve city effective July 1,1922.
fcO
Co
CD
TABLE NO. 29.—Classification of deposits of national banks at date of each report during year ended September IS, 1922—Continued.
to
SEPTEMBER 15, 1922—Continued.
[In thousands of dollars.]
o
Time deposits.
Demand deposits.
Cities, States, and Territories.
Individual
deposits
subject
to check.
Certificates of
deposit
due in
less than
30 days.
State
and other
municipal
deposits.
COUNTRY BANKS.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
31,871
32,680
15,675
190,472
30,910
114,996
589
1,308
345
3,132
2,342
3,706
30
Total New
States
416,604
11,422
138
73
35
Deposits
subject
to notice
of less
t h a n 30
days.
56
Dividends
unpaid.
Other
demand
deposits.
8
8
8
14
2
15
1,292
1,243
35
726
55
Total.
Certificates of
deposit
due on
or after
30 days.
State
and other
municipal
deposits.
Other
time
deposits.
Postal
savings
deposits.
38
134
107
618
103
467
Total.
58,122
8.023
21,870
128,704
11,770
42,143
m
33,790
35,239
16,136
194,435
33,254
118,848
1,093
976
775
4,256
1,355
2,651
3,427
431,702
11,106
31
258,028
1,467
270,632
38,357
4,450
107,005
371
2,801
3,210
2
1,812
441
911
2,066
46
9
326,877
211,287
553,663
5,055
50,455
3,473
1,147,337
31
56,991
6,913
20,988
123,799
10,312
39,025
England
New York
New Jersey
P p,n n syl van i a
Delaware .
Maryland
Total Eastern States...
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama.
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee2.
Total Southern States..
56
2,720
133
8,311
34
91
21
100
1
9
29
338,408
290,732
434,381
8,598
24,120
126
284,869
205,924
442,780
4,638
47,519
24,984
222
11,193
1,096,239
152,984
5,150
985,730
989
1,372
3,411
136
237
5,117
• 616
2,532
2,682
13,783
875
56
247
478
375
8
20
9
5
17
3
39
3
23
49
2
11
9
166
259
36
85
78
20
8
7
57
449
1,139
95
191
90,937
69,124
64,327
25,937
30,995
31,871
45,866
26,020
36,046
224,390
33,002
68,019
45,748
26,747
20,282
21,177
6,350
7,174
3,703
4,200
6,254
2,541
14,453
3,456
18,695
18,108
1,007
3,420
532
110
607
1,286
238
411
951
3,126
155
' 47
24
57,795
39,199
23,607
28,457
12,281
19,120
16,331
4,944
8,745
14,426
8,286
14,562
20,973
85~
75
8
15
29
193
26
25
11
216
55
114
9
85,634
62,976
45,324
34,932
20,091
24,302
20,795
11,634
12,248
32,221
11,952
33,418
39,114
32,053
1,378
198
2,590
792,282
153,140
268,726
861
434,641
24,672
847
8,270
303,262
271,327
390,688
8,597
22,101
7,626
7,758
12,745
187
1,760
995,975
28,316
35,549
83,385
64,606
59,793
25,408
29,049
25,036
43,946
21,939
30,872
203,217
26,836
66,052
44,058
5,911
2,492
1,078
303
1,591
1,695
1,257
1,346
2,412
6,596
4,137
1,805
1,243
724,197
31,866
37
10,646
14,267
23
193
296
13
11,914
Ohio
. ...
Indiana
Illinois.
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Total Middle Western
States
North Dakota..
South Dakota.
Nebraska
Kansas
Montana.
Wyoming
Colorado .
New Mexico
Oklahoma
188,536
110,951
174,186
57,403
67,837
67,430
73,327
35,272
15,412
9,860
14,777
3,941
4,800
9,351
10,699
2,551
28,771
7,441
6,392
4,884
4,784
5,172
1,320
1,004
211
291
158
93
4
34
22
55
27
32
9
10
5
24
5
259
565
1,102
93
61
176
392
2
233,244
129,135
196,647
66,330
77,585
82,138
85,796
38,856
53,483
36,006
58,794
19,091
38,473
83,325
64,949
9,925
3,532
94
3,811
954
511
1,311
86
77
91,909
43,327
89,955
85,404
56,953
44,465
27,738
5,504
487
217
463
215
98
128
35
42
149,411
79,644
153,023
105,664
96,035
129,229
92,808
15,548
774,942
71,391
22,588
22,751
32,122
73,577
25,502
21,800
42,060
13,729
102,521
4,199
4,691
6,525
9,247
2,848
1,667
4,536
2,198
6,297
59,768
813
167
2,650
909,731
364,046
10,376
445,255
1,685
821,362
950
2,941
1,104
4,258.
3,078
2,264
2,807
3,403
15,766
17
23
145
10
20
303
6
8
15
3
13
4
8
2
163
34
117
205
172
219
232
31
•148
55
207
27,879
30,626
40,071
87,324
31,684
26,073
49,559
19,385
124,988
31,522
26,123
28,493
25,804
16,880
6,968
14,558
6,074
23,589
891
348
90
113
55
238
687
282
1,906
6,773
6,285
2,733
6,474
9,092
7,649
10,899
1,998
10 Ifirt
11
16
21
98
273
55
198
11
150
39,197
32,772
31,337
32 489
26,300
14,910
26,342
8,365
35,810
Total Western States...
Washington
Oregon
California.
Idaho
Utah
Nevada .
Arizona
Total Pacific States
356,650
42,208
36,571
687
87
1,386
437,589
180,011
4,610
62,068
833
247,522
33,979
32,916
139,345
21,712
2,055
6,193
10,963
2,349
3,771
5,169
2,095
86
371
338
7,114
7,108
15,722
4,536
343
348
2,076
3
5
114
50
4
16
21
1
10
1
14
197
556
7
116
1
36
43,463
44,013
160,927
28,401
2,610
6,914
13, 413
7,160
6,861
10,847
6,033
805
609
1,713
117
130
923
210
156
1,792
21,302
9,059
67,751
6,558
2,397
3,134
4,183
501
164
212
394
9
54
69
29,080
16,214
79,733
13,195
3,367
3,797
7,757
247,163
14,179
37,247
172
53
927
299, 741
34,028
3,328
114,384
1,403
153,143
1,287
1,891
7
25
11
723
3
30
1,308
2,669
98
114
268
248
122
Alaska (nonmember banks)..
Hawaii (nonmember banks..
488
362
3,178
32
734
33
3 977
212
516
122
850
3,075,487
4,169,220
Total (nonmember
banks)
Total country banks
3,518,709
199,414
202,060
Total United States
8,537,059
271,278
360,541
28,090
782
22,206
3,971,261
895,527
35,409
2,134,707
9,844
42,921
1, 779
56,800
9,270,378
1,081,933
55,765
2,998,106
33,416
2 Now includes Chattanooga, which was terminated as a reserve city effective Aug. 1,1922.
242
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 30.—Cash in vaults of national banks at date of each report during year ended
Sept, 15, 1922.
DECEMBER 31,1921.
[In thousands of dollars.]
Number of
banks.
Cities, States, and Territories,
New York..
. . .
Chicago
St. Louis
Central reserve cities
Boston
Albany.
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh .
Baltimore
Washington
Richmond..
Charleston...
.
Atlanta
Savannah
Jacksonville..
Birmingham
New Orleans
Dallas..
El Paso ...
Fort Worth
Galveston
Houston . . . .
San Antonio
Waco
.
.
Little Rock . . .
. .
Louisville
.
Chattanooga
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo .
Indianapolis
Chicago
Peoria
Detroit.
Grand Rapids
Milwaukee
Minneapolis
St. Paul
Cedar Rapids...
DesMoines.. .
. .
Dubuque
Sioux City
Kansas City, Mo . .
St. Joseph
. . .
Lincoln
Omaha.
Kansas City, Kans
Topeka
Wichita
Helena
Denver
Pueblo
Muskogee
Oklahoma City.
Tulsa
. .
Seattle
Spokane.. . .
Tacoma
Portland
Los Angeles ..
. .
Oakland
. . .
San Francisco
Ogden
Salt Lake City
All other reseve cities
Total all reserve cities
49
10,452
1,791
1,008
161
2,960
15
3
133
21
115
3
536
77
5
6
20
26
33
244
15
12
15
7
244
109
75
8
7
5
4
1
3
2
1
5
4
5
2
9
3
6
2
4
2
3
4
7
3
7
3
6
14
4
3
3
4
8
3
3
5
.
12
4
4
10
2
4
934
5
46
1
14
19
9
13
8,763
1,684
5
8
1
85
733
165
200
130
12
66
83
4
64
46
35
114
64
130
40
157
181
74
9
42
40
43
52
160
67
131
83
102
1
26
12
125
2
35
22
24
33
194
9
7
5
18
39
10
19
2
42
2
134
1
9
1
422
45
173
14
271
110
37
80
133
55
195
217
173
10
7
11
3
62
37
32
71
32
13
20
18
24
3
1
25
76
68
24
7
51
10
140
110
77
96
24
196
1
29
10
12
10
20
3
1
5
20
2
19
1,261
17
15
9
79
18
9
3
7
2
7
4
6
376
425
112
42
692
171
82
3
2
8
2
4
3
.
.
Clearinghouse
Paper
Silver certificates currency
based on
and
(other
minor specie and than gold
coins. other law- certififul money cates).
(sec. 5192).
722
30
1,686
28
14
.
.
Gold
certificates
Gold payable
coin.
to
bearer
or to
order.
65
17
3
9
5
1
38
89
21
47
59
18
197
3ft
74
104
84
134
7
26
26
358
11
331
27
18
66
1
367
170
43
271
841
83
531
39
111
4,781
6,467
1,441
11,893
9,453
12, 413
12
33,424
12,364
1,577
47,365
4 418
1 074
836
501
7,919
5,345
2 257
2,376
749
372
851
14
476
447
155
853
114
589
230
Total
cash.
44,912
15,778
1,773
62,463
5 202
1,175
976
570
8,940
6,493
2 613
2,753
887
455
981
19
580
524
324
982
213
751
301
1,048
1,454
1,238
1,840
240
63
388
652
133
211
326
79
435
710
215
273
1,942
847
1,526
1,056
2,624
817
644
1,157
629
1,496
1,386
1,102
148
560
138
359
2,255
917
1,708
1,142
3,490
986
823
1,327
716
1,772
1,635
1,308
207
681
184
460
1,170
478
1,429
622
183
154
1,293
215
218
244
977
253
63
328
351
83
1,338
2,813
270
173
386
264
345
700
1,435
316
235
736
1,846
327
3,584
80
244
65,347
112, 712
470
802
1,941
494
304
1,033
3,111
'421
4,458
146
374
81,022
143,485
EEPOET OF THE COMPTROLLER OF THE CURRENCY.
243
TABLE NO. 30.—Cash in vaults of national banks at date of each report during year ended
Sept. 15, 1922—Continued.
DECEMBER 31, 1921—Continued.
[In thousands of dollars.]
Cities, States, and Territories.
Number of
banks.
COUNTRY BANKS.
Maine
New Hampshire
Vermont . .
Massachusetts...
...
Rhode Island
Connecticut
Total New England States .
New York..
New Jersey
Pennsylvania
Delaware....
Maryland
Total Eastern States
Washington.
Oregon
California .
Idaho
Utah...
Nevada . . .
Arizona
Total Pacific States
Alaska (nonmember banks)
Hawaii (nonmember banks)
Total (nonmember banks)
Total country banks
Total United States
393
462
225
815
18
78
1,598
Virginia
West Virginia
North Carolina .
. .
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana. ..
Texas
Arkansas.
Kentucky
Tennessee
Total Southern States
Ohio .
Indiana
Illinois .
Michigan
....
Wisconsin..
Minnesota
Iowa . .
Missouri
Total Middle Western States...
North Dakota
South Dakota ..
Nebraska
Kansas
Montana
Wyoming...
Colorado
New Mexico
Oklahoma
Total Western States
60
56
49
147
17
64
'.....
168
122
87
77
91
56
106
30
34
512
81
Gold
Clearingcertifihouse
Paper
cates Silver certificates currency
based on
Gold payable and
(other
to
coin.
minor specie and than gold
bearer coins. other law- certifior to
ful money cates).
order.
(sec. 5192).
68
81
52
326
85
189
801
25
10
21
105
34
66
261
488
590
2,063
30
122
3,293
289
390
931
7
272
166
142
29
102
108
296
68
54
446
75
5
1,814
5
1,305
958
2,700
165
58
148
1,782
5,169
251
136
83
12
24
587
304
402
229
266
69
15
126
228
1,537
14
116
111
29
306
222
207
2,187
120
108
1,088
349
268
5,244
356
247
466
112
150
326
339
110
482
552
781
359
288
421
422
190
390
197
415
99
123
1,238
2,106
3,495
182
136
170
258
136
47
133
49
362
89
73
155
312
133
1,473
55
343
41
147
1,348
21
26
69
107
68
25
221
21
80
638
40
31
52
32
1,202
853
494
546
766
830
282
6, 211
773
4
4
350
286
334
665
388
143
419
132
821
1,654
1,612
966
7,899
1,331
4,445
17,191
9,130
1,592
5,118
20,072
10, 783
9,595
21, 831
12, 865
11,533
27, 525
350
239
403
131
91
1,586
74
131
115
1,544
1,388
1,355
173
166
120
795
142
418
Total
cash.
445
1,180
43,739
1,615
53,983
4,088
3,071
2,754
1,115
1,551
1,888
2,803
711
1,179
6,752
1,284
2,258
1,433
30, 887
5,198
3,677
3,381
1,385
1,943
2,249
3,618
'974
1,476
8,846
1,694
2,949
2,016
39, 408
9,212
5,883
8 283
3,491
3,322
3,177
2,925
1,093
37, 386
11, 286
7, 485
10,717
4,443
4, 279
4,438
4,308
1,684
48,640
920
895
1, 380
1,280
1,626
3,503
2,736
1,215
2, 836
1,068
2,419
2,147
992
1,853
521
715
3,447
14, 262
4,495
19,786
1,213
355
348
1,644
1,493
6,282
281
28
73
182
971
105
318
652
2,314
2,227
8,361
1,364
2,480
11,465
15,781
24
56
90
372
217
441
3,538
584
275
355
814
80
23
45
62
1,654
2
2
4
102
13
115
1
1
80
462
653
7,744
12, 893
5,496
24, 536
9
155, 392
198, 32
8,169
19,360
17, 389
36,949
9
268,104
341,811
84
92
282
76
18
11
21
4
23
182
155
440
919
244
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 30.—Cash in vaults of national banks at date of each report during year ended
Sept. 15, 1922—Continued.
MARCH 10,1922.
[In thousands of dollars.]
Cities, States, and Territories.
New York
Chicago.
St. Louis
Central reserve cities
Boston
Albany.
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore. .
Washington
Richmond.
Charleston
Atlanta
Savannah..
Jacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
Galveston
.
Houston
San Antonio.
Waco..
Little Rock
Louisville...
Chattanooga
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo..
Indianapolis
Chicago..
Peoria
Detroit...
Grand Rapids
Milwaukee
Minneapolis
St. Paul. ..
Cedar Rapids
Des Moin6s
Dubuque
Sioux City
Kansas City, Mo..
St. Joseph
Lincoln...
Omaha
Kansas Citv, Kans
Topeka
Wichita
Helena.
Denver
Pueblo
Muskogee...
Oklahoma City
Tulsa
Seattle
Spokane.
Tacoma..
....
Portland
Los Angeles
Oakland
San Francisco
Ogden. ...
Salt Lake City
All other reserve cities
Total all reserve cities
Number of
banks.
29
13
7
49
15
3
5
4
33
15
12
15
7
5
4
1
3
2
1
5
4
5
2
9
7
6
2
4
2
3
4
7
3
7
3
6
U
4
3
4
4
8
2
3
3
5
12
4
4
10
2
4
3
2
8
2
4
9
7
9
3
1
3
7
2
4
5
373
422
Gold
certificates
Gold payable
to
coin.
bearer
or to
order.
942
663
19
1,624
8 677
1,670
2
10,349
95
21
24
20
243
219
104
81
10
7
53
1
21
12
4
16
32
21
27
33
193
15
2
12
25
40
7
31
4
64
3
408
56
67
27
41
76
40
14
2
36
19
29
68
35
11
110
13
13
23
2
1,317
63
17
23
8
145
7
27
9
396
29
177
29
7
113
2
2
4,784
6,408
90
171
84
97
11
30
7
155
1
11
12
11
1
2
150
2
5
152
12
60
10
21
4
2
6
25
11
2
2
7
2
188
19
1
3
13
1
1
47
io
i
1,563
11,912
Clearinghouse
Paper
Silver certificates currency
and
based on
(other
minor specie and than gold
coins. other law- certififul money cates).
(sec. 5192).
1 789
835
154
33,091
11,451
1,574
2,778
397
87
146
33
883
487
189
173
107
65
85
5
63
34
316
110
67
112
33
162
189
110
11
51
41
39
38
134
58
129
86
263
108
75
97
58
138
248
165
30
97
29
70
149
128
80
202
26
35
54
17
184
43
67
135
79
392
143
48
265
531
82
533
44
139
9,194
46,116
11,972
16
44,499
14,619
1,749
60,867
708
547
240
288
1,962
559
1,544
808
2,573
794
775
725
696
1,569
1,630
1,249
231
699
176
463
1,445
446
342
1,308
172
239
317
71
1,064
218
288
832
687
1,360
289
190
897
2,238
528
2,882
94
210
4,004
915
1,114
511
7,593
5,224
2,357
2,844
823
465
1,136
36
667
408
652
1,164
344
854
344
1,528
1,764
444
90
773
613
31S
333
2,277
623
1,743
902
3,396
970
977
849
795
1,793
1,918
1,449
263
836
226
568
1,687
620
433
1,622
213
294
396
90
2,753
343
373
993
787
1,898
440
265
1,171
3,212
639
3,602
167
357
63,702
109,818
79,259
140,126
3,399
805
942
458
6,377
4,347
1,980
2,493
706
382
998
30
553
355
177
1,037
245
710
284
1,305
1,371
318
77
16
16
Total
cash.
EEPOBT OF THE COMPTROLLER OF THE CURBENCY.
245
TABLE NO. 30.—Cash in vaults of national banks at date of each report during year ended
Sept. 15, 1922—Continued.
MARCH 10,1922—Continued.
[In thousands of dollars.]
Cities, States, and Territories.
Number of
banks.
Gold
certificates
Gold payable
coin.
to
bearer
or to
order.
Clearinghouse
Paper
Silver certificates currency
and
based on
(other
minor specie and than gold
coins. other law- certififul money cates).
(sec. 5192).
Total
cash.
COUNTRY BANKS.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States
New York
New Jersey
Pennsylvania
Delaware
Maryland
Total Eastern States
393
82
86
62
384
85
208
907
23
27
10
86
31
30
207
144
151
105
660
149
415
1,624
461
226
817
18
77
631
670
2,251
39
135
1 278
906
2,619
61
149
11,055
9,303
21,427
338
1,086
1,599
3,726
297
354
890
7
169
1,717
5,013
43,209
13 261
11*233
27,187
445
1,639
53,665
169
122
86
224
139
15
18
10
115
29
13
108
21
100
56
923
565
319
446
217
263
273
392
134
217
1,527
285
322
268
5,228
4,127
2,982
2,363
994
1,453
2,139
2,222
821
1,232
6,884
1,221
2,508
1,606
5,222
3,624
3,042
1,262
1,842
2,549
3,034
1,054
1,516
8,930
1,612
3,154
2,162
30,552
39,003
1,119
826
1,327
461
520
763
860
316
6,192
8,800
5,624
9,214
3,278
3,391
3,096
3,326
1,233
3,770
389
173
411
74
97
73
124
79
1,420
10,840
7,234
11,786
4,198
4,339
4,364
4 754
1,833
49,348
90
79
161
324
127
60
369
40
160
1,410
19
28
69
114
55
56
210
23
80
654
347
287
343
678
382
118
423
133
834
277
372
788
88
25
47
66
1,663
43
31
43
60
56
49
147
17
64
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States
105
30
34
514
81
131
92
306
184
158
36
108
127
305
70
54
411
85
224
232
1,592
2,300
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota. . . .
Iowa
Missouri
Total Middle Western States...
355
246
468
113
151
327
338
110
2,108
532
611
834
385
331
432
444
201
North Dakota .
. .
South Dakota
Nebraska
Kansas
. . .
Montana
Wyoming
Colorado . . . .
New Mexico
Oklahoma
Total Western States
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific States
Alaska (nonmember banks)
Hawaii (nonmember banks)
Total (nonmember banks)
Total country banks
Total United States
77
92
59
181
134
168
258
133
47
133
48
389
1,491
87
93
281
77
17
11
21
587
75
32
5
25
179
3,545
4
4
4
4
1
1
359
339
1 206
293
23
73
211
2,504
1 300
1*208
'656
6,722
1 184
4,172
15,242
37,962
1 549
1 472
7 ggg
1 449
4,825
17,984
941
1,007
1,132
2,693
1,747
1,254
1,647
593
3,717
1,397
1,401
1,705
3,810
2,311
1,488
2,649
789
14,731
20,341
1,395
1,412
5,599
925
77
287
744
2,074
2,154
7,636
1,338
125
412
1,046
10,439
14,785
140
405
545
314
499
813
4,791
147
16
163
1
1
26
78
104
7,775
13,939
5,101
24,210
9
152,680
195,939
8,197
20,347
36,182
25
262,498
336,065
*3
2
5
17,013
246
EEPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 30.—Cash in vaults of national banks at date of each report during year ended
Sept. 15, 1922—Continued.
MAY 5,1922.
[In thousands of dollars.]
Cities, States, and Territories.
New York
Chicago
St. Louis
Central reserve cities..
Boston
Albany
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
Charleston
Atlanta
Savannah
Jacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
Little Rock..
Louisville
Chattanooga
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis
Chicago
Peoria
Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Paul
Cedar Rapids
Des Monies.*
Dubuque
Sioux City
Kansas City, Mo
St. Joseph
Lincoln
Omaha
Kansas City, Kans
Topeka
Wichita
Helena
Denver
Pueblo
Muskogee
Oklahoma City
Tulsa
Seattle
Spokane
Tacoma
Portland
Los Angeles
Oakland
San Francisco
Ogden
Salt Lake City
All other reserve cities
Total all reserve cities.
Number of
banks.
Gold
Clearingcertifihouse
Paper
cates Silver certificates currency
Gold payable and
based on
(other
to
coin.
minor specie and than gold
bearer coins. other law- certififul money cates).
or to
(sec. 5192).
order.
999
666
48
1,674
8,653
1,638
4
10,295
1,825
818
161
31,442
11,959
1,584
44,985
3,430
936
965
514
6,173
5,369
2,093
2,804
385
85
81
42
736
507
231
155
96
73
94
53
38
122
59
104
38
177
199
84
10
108
9
13
24
6
1,351
76
8
373
32
4
1
4
197
17
24
3
8
10
126
5
12
5
30
5
61
428
24
301
15
30
12
5,046
1,811
6,720 12,106
36
38
39
167
60
140
67
244
113
75
86
61
135
269
167
30
68
25
57
145
80
73
186
25
28
41
12
192
44
50
181
100
432
162
48
211
516
78
542
49
110
8,693
11,497
i
I
|
I
Total
cash.
42,919
15,081
1,758
59,758
2.727
751
293
958
18
486
487
247
1,249
193
620
250
1,274
1,496
341
69
721
490
231
411
1,812
645
1,630
720
2,958
839
631
1,118
640
1,576
1,592
1,135
183
613
144
400
1,532
522
340
1,190
221
219
232
77
1,062
306
282
453
803
1,484
306
168
898
2,588
438
3,051
101
223
65,924
4,078
1,035
1,072
576
7,249
6,248
2,494
3,081
860
383
1,101
24
603
584
485
1,396
296
761
317
1,489
1,941
437
82
808
553
311
457
2,185
714
1,825
'$03
3,877
1,025
820
1,243
730
1,795
1,896
1,327
214
724
190
502
1,774
650
421
1,516
259
261
301
95
2,802
443
340
661
921
2,047
485
246
1,114
3,593
540
3,909
180
345
81,474
110,909
141,232
REPORT OF THE COMPTROIXER OF THE CURRENCY.
247
TABLE NO. 30.—Cash in vaults of national banks at date of each report during year ended
Sept. 15, 1922—Continued.
MAY 5,1922—Continued.
[In thousands of dollars.]
Cities, States, and Territories.
Number of
banks.
Gold
Clearingcertifihouse
Paper
cates Silver certificates currency
Gold payable and
based on
(other
to
coin.
minor specie and than gold
bearer coins. other law- certifior to
ful money cates).
order.
(sec. 5192).
Total
cash.
COUNTRY BANKS.
Maine
New Hampshire
. . . .
Vermont..
Massachusetts
Rhode Island....
Connecticut
Total New England States
New York
New Jersey.
Pennsylvania
Delaware
Maryland
Total Eastern States
Virginia..
West Virginia...
North Carolina
South Carolina. .
Georgia
Florida
Alabama
Mississippi....
Louisiana
Texas
Arkansas
Kentucky .
Tennessee
Total Southern States
60
56
49
147
17
79
91
64
374
98
27
146
108
698
149
400
64
206
393
912
211
400
464
642
288
226
817
18
77
1,602
171
1,640
345
925
7
1,252
976
2,674
63
161
137
3,715
1,726
5,102
313
235
659
2,233
42
139
207
164
38
114
131
318
72
58
441
68
224
241
2,389
971
353
Ohio
246
Indiana
. 469
Illinois
113
Michigan
..
..
151
Wisconsin
328
Minnesota
338
Iowa
110
Missouri
Total Middle Western States... 2;108
498
626
882
399
339
377
167
433
93
102
184
96
294
3,809
1,483
5,806
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 (nonmeniber b a n k s ) . . .
Hawaii (nonmember banks)
Total (nonmember banks)
182
437
444
92
99
116
1,613
1,506
873
7,794
1,340
4,771
17,897
10,795
9,571
20,631
306
1,133
42,436
12,977
11,551
26,463
418
1,570
52,979
3
3 968
3,010
2,267
915
1,437
2,046
1,987
727
1,181
6,578
1,166
2,224
1,431
28,937
5,032
3,689
2,957
1,180
1,840
2,475
2,793
965
1,460
8,596
1,530
2,895
1,993
37,405
3
3
9,496
6,190
8,676
3,217
3 530
3,259
3,183
1,223
38,774
11,469
7,765
11,205
4,134
4,470
4,533
4,499
1,800
49,875
936
1,393
1,385
1,742
3,709
2,227
1,499
2.672
718
4,611
19,956
5
5
516
122
87
78
92
59
105
30
34
516
81
131
92
1,598
143
88
10
17
13
114
35
12
118
32
94
60
1,368
1,242
687
6,633
1,056
3,954
14,940
139
27
14
84
37
329
438
217
269
285
374
131
209
1,459
264
353
261
5,105
3
1 098
782
1,214
425
499
738
756
134
168
81
167
37
67
18
347
258
130
47
133
47
414
332
138
61
378
47
177
655
322
143
396
115
872
i
1,513
1,473
121
73
25
209
19
87
656
3,461
1
93
94
277
79
15
11
21
291
361
809
90
26
46
32
42
32
51
590
1,696
3
21
176
3
2
119
18
68
2
275
336
992
1,172
2,600
1,694
1,270
1,689
537
3,475
14,365
1,208
359
324
1,401
1,450
5,502
2,097
2,167
7,561
1,241
251
21
63
201
868
84
299
575
2,427
10,179
14,478
27
88
141
287
289
393
131
416
865
5
137
2
115
428
682
Total country banks
7,809
14,131
5,414
23,656
12
150,059
193,272
Total United States
8,230
20,851
17,520
35,153
12
260,968
334,504
>>
V
248
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 30.—Cash in vaults of national banks at date of each report during year
ended September 15> 1922.
JUNE 30, 1922.
[In thousands of dollars.]
Clearing-house
certificates
(sec. 5192).
Gold
certificates
NumCities, States, and >er of Gold pay- Based
to on
Territories.
banks coin. able
bearer gold
or to and
order. gold
certificates.
New York
St. Louis
Central reserve cities.
Boston
Albany
Brooklyn and
Bronx
Buffalo
Philadelnhia
Pittsburgh
Baltimore
Richmond.
Charleston
Atlanta
Savannah
Tacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
Galveston .
Houston
San Antonio
Waco
Little Rock
Louisville
8,576
1,594
6
18 1,690 3,764
98 721 1,543
24 144
53
5,559 2,028 17,952 40,351
1,273 1,057 6,321 13,319
146 270 1,298 1,956
49 1,491 10,176
140 2,555 5,360
6,978 3,355 25, 571 55,626
31
9
9
13
3
5
764
712
15
91
13
26
4
33
14
12
15
7
4
4
19
223
212
104
64
1
1
24
2
2
19
6
52
1
6
4
5
2
21
34
29
32
9
41
238
o
O
8
6
4
o
Nashville
Cincinnati .. .
Cleveland
Columbus
Toledo
Indianapolis..... .
Chicago
Peoria
Detroit
Grand Rapids
Milwaukee
Minneapolis
St. Paul
Federal
Subeserve
Stand- sid- Silver
Na- and
ard iary cer- Legal- ional
Based silver silver tifi- ;ender bank Fed- Total
on
dol- and
notes. notes. eral re- cash.
other lars. minor cates.
serve
specie
bank
coin.
and
notes.
lawful
money.
4
10
27
g
8
38
3
3
384
86
2
1
2
115
162
71
2871
3
60
53
10
6
118
44
680
495
200
201
66
66
98
6
69
44
34
135
25
61
40
135
160
52
6
40
43
29
49
136
71
103
55
163
131
62
119
61
99
147
82
1
43
15
35
95
46
51
80
37
21
3
51
97
17
41
90
49
265 ;
176
18
11
10
5
35
9
180
1
1
23
36
1
51
2
15
60
17
22
1
28
1
1
18
11
111
33
i
7
6
18
Q
'<
<T
6
71
11
280
69
69
37
35
70
20
17
3
38
Des Moines
3
20
Dubuque
5
32
Sioux City .
12
96
Kansas City, Mo..
4
40
St. Joseph
11
4
Lincoln
10
116
Omaha
2
Kansas City, Kans
4
Topeka
3
30
Wichita
2
Helena
2
8 1,285 !
Denver
2
Pueblo
83
4
Muskogee
9
24
9
Oklahoma City...
11
7
Tulsa
10
1251
Seattle
8
3
311
16
75
29
13
16
26
10
51
21
10
76
51
56
13
8
28
22
17
16
10
11
!
I
15
22
38
32
25
89
14
190
19
3
9
30
29
6
85
22
31
49
71
2 393 4 116
601 1 006
447
52
367
181
155
113
59
282
21
72
149
353
1 101
'585
7,117
5 250
2,182
2,768
274
783
181
464
403 1 094
56
40
48
84
115
226
253
53
109
579
56
192
106
366
82
337
99
255
70
106
18
672
238
256
204
64
27
106
3
256
4
50
68
101
13
43
6
11
c
71
33
66
5
496
597
157
6
39
22
29
4
134
22
10
20
104
339
32
61
48
157
34
149
20
53
100
78
181
73
206
63
201
103
68
60
76
41
58
104
66
66
52
30
84
15
17
22
20
62
70
17
29
143
363
400
300
513
167
33
119
147
26
363
121
14
104
10
62
79
160
12
16
57
40
19
11
19
30
15
6
18
64
11
12
47
29
547
476
435
1,424
244
732
289
459 1 287
812 2,023
118
431
47
419
441
157
88
792
906
271
132
393
1,151 2,034
298
828 1,745
325
848
2,034 3,739
624 1.186
303
211
877
64
824 1 153
141
323
678
228
943 1,571
361
837 1 586
230
912 1,472
40
75
217
192
367
688
90
13
15
6
90
3
580
74
30
395
518 502 4,347
144 1,038 2,908
128 288 1,125
391 121 1 494
140
49
30
23
395
101
107
139
150
174
68
252
848
246
204
787
74
77
116
30
556
137
193
525
1,682
534
395
1,409
291
189
348
71
2,643
384
139
336
222
543
567
1,710 6,226
249
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 30.—Cash in vaults of national banks at date of each report during year
ended September 15, 1922.—Continued.
JUNE 30,1922—Continued.
[In thousands of dollars.]
Clearing-house
certificates
(sec. 5192).
Gold
certificates
Num- Gold pay(1)
Cities, States, and ber
of
to Based
Territories.
banks coin. able
on
bearer gold
or to and
order. gold
certificates.
Spokane
Tacoma
Portland
Los Angeles
Oakland
San Francisco
Ogden
Salt Lake City
All other reserve cities.
Total all reserve cities.
3
1
3
7
2
7
4
5
9
47
10
442
1
2
1
43
203
24
13
14
373 4,767
2,084
SubStand- sid- Silver
ard iary cer- Legal
(2)
Based silver silver tifi- tender
dol- and
notes.
on
other lars. minor cates.
coin.
specie
and
lawful
money.
30
7
57
207
16
112
14
27
4
95
33
119
320
67
368
30
63
3
4
12
54
7
12
5
11
1,841 6,714 4,491
422 6,258 12, 260
1
1
7
29
3
41
2
Federal
Na- reserve
and
tional Fed- TotaL
bank
re- cash.
notes. eral
serve
bank
notes.
128
24
103
344
86
360
29
111
131
320
623
1,991
265
2,089
51
133
398
438
932
3,430
484
3,199
153
364
4,281 13, 228 40,188 77,594
1,981 9,269 9,851 11,259 16, 583 65, 759 133, 220
COUNTRY BANKS.
Maine
New Hampshire...
Vermont . . .
Massachusetts
Rhode Island
Connecticut
Total New
England
States
New York
New Jersey
Pennsylvania
Delaware
Maryland
Total Eastern
States
Virginia.
West Virginia
North Carolina
South Carolina
Georgia
Florida..
Alabama... .
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
Total Southern States..
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
60
56
49
146
17
64
76
94
65
369
82
198
36
37
19
114
38
241
392
884
485
464
640
228
681
819 2,190
44
18
132
75
265
390
1,045
2
3
3
8
9
5
34
2
13
134
143
95
663
110
396
161
160
83
804
123
438
154
350
288
235
193
87
1,159 1,304
221
170
721
550
620
520
310
3,540
653
2,057
71 1,541 1,769
2,406 3,026
7,700 17, 887
1 539
1,486
857
7,992
1 399
4,614
155
69 1,170 1,235
925 1,275
39
420 2,124 1,846
6
50
38
131
8
188
993 2,173 6,772 13,317
791 1,372 5,925 11, 398
1,634 5,314 10, 528 25,101
53
68
414
151
270
229
488 1,601
1,604 3,687
1,859
542 4,400 4,582
3,715 9,182 23, 864 51,831
329
194
167
34
117
133
299
74
59
462
79
227
230
248
141
75
10
15
17
116
16
21
114
32
141
62
1,600 2,404
1,008
172
122
86
78
92
59
105
32
33
515
82
132
92
353
245
469
113
151
330
336
110
529
637
856
378
344
454
451
191
. Total Middle
Western
2,107 3,840
States
18587 °—23
17
399
213
580
108
130
147
127
96
1,800
80
453
35
262
96
296
26
186
39
211
45
236
87
297
36
107
73
132
434 1,057
180
104
286
73
181
81
437
208
240
88
133
141
169
79
140
366
112
247
130
1,209 3,884 2,490
235
247
335
90
152
287
312
130
881
564
944
343
334
448
464
186
913
621
800
276
229
177
265
111
1,788 4,164 3,392
401 1,475
906
192
877
195
512
82
130
569
574
97
116
863
223
105
396
41
297 3,708
101
400
222 1,020
111
612
1,430
1,137
1,047
268
598
1,094
887
397
635
2,211
453
924
496
4,853
3,075
2,993
1,206
1,812
2,337
2,834
1,037
1,497
8,649
1,461
3,140
1,903
2,090 12,135 11,577 36,797
852
543
812
471
226
214
275
'137
2,956
2,001
2,332
728
914
958
1,171
496
4,870 11,635
2,959 7,785
4,650 11,309
2,043 4,437
2,223 4,552
1,978 4,663
1,451 4,516
451 1,798
3,530 11,556 20,625 50,695
250
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE N O . 30.—Cash in vaults of national banks at date of each report during year
ended September 15\ 1922—Continued.
JUNE 30, 1922—Continued.
[In thousands of dollars.]
Clearing-house
certificates
(sec. 5192).
Gold
certificates
Num(2)
Cities, States, and ber of Gold pay- Based Based
to on
Territories.
banks coin. able
on
bearer gold other
or to and specie
order. gold
and
certifi- lawful
cates. money.
North Dakota
South Dakota
Nebraska. Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
Total Western States..
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
Total Pacific
States
Alaska (nonmember banks) Hawaii (nonmember banks)
Total (nonmem ber
banks)
90
77
165
346
146
66
358
50
183
35
47
73
129
102
25
221
21
101
1,526 1,481
754
SOfi
371
825
9£
25
51
75
44
32
51
34
593 1,751
191
182
133
169
258
130
47
133
47
427
94
93
279
79
15
11
22'
3
121
2
12
5
Federal
Subreserve
Stand- sid- Silver
Na- and
ard iary cer- Legal- tional
silver silver tifi- tender bank Fed- Total
notes. notes. eral re- cash.
dol- and
serve
lars. minor cates.
bank
coin.
notes.
106
114
141
302
124
62
164
67
311
51
45
60
189
29
22
55
10
246
366
65
364
38
610
60
283 1,119
415
23
490
43
649
179
257
45
325 1,575
1 391 1. 14ft
707
1,061 5,845
245
220
845
158
14
45
115
46
18
114
22
4
2
15
296
23
435
37
248 1,303
309
35
40
2
142
3
161
9
1,394
• 988
3,692
489
45
117
530
778 1,642
221
357 2,686
7, 255 14, 881
137
106
373
77
7
27
51
3
27
2
440
479
465
1,32&
78&
662
815
241
1,487
223
170
202
402
201
83
222
69
571
4
22
7
49
11
71
3
2
1,376
1,334
1,776
4,099
1,826
1,453
2,663
760
4,799
6,704 20,086
2,491
2,207
7,451
1,222
137
390
983
193
247
1469
537
1562
784
133
2
Total countrybanks
7,827 14,180
6,099
2
3
Total United
States
5,790 17,845 13,161 13,162 44,432 78,287 192, 961
=
8,249 20,438 18,359
2
3
7,771 27,114 23,012
3
24,421 61,015 144,046 326,181
1 Includes paper currency $43,000 in Alaska and $327,000 in Hawaii, not classified.
2
REPOBT OF THE COMPTBOLLEK OF THE CURRENCY.
251
TABLE NO. 30.—Cash in vaults of National banks at date of each report during year
ended September 15, 1922—Continued.
SEPTEMBER 15, 1922.
[In thousands of dollars.)
Cities,States, and Territories.
New York
Chicago
Central reserve cities
Boston
Albany
. . .
Brooklyn and Bronx..
Buffalo
Philadelphia
Pittsburgh
...
Baltimore
Washington..
Richmond
Charleston..
Atlanta
Savannah
Jacksonville Birmingham.. . .
New Orleans. Dallas
El Paso
Fort Worth
Gal vest on
Houston
San Antonio
Waco . .
Little Rock
Louisville
Memphis..
Nashville
Cincinnati
Cleveland
C olumbus
Toledo
Indianapolis
Chicago
Peona
Detroit
Grand Rapids
Milwaukee
MinneapolisSt Paul
Cedar Rapids
Des Moines
Dubuque
Sioux City
Kansas City, Mo
St Joseph1
St Louis
Lincoln
Omaha
Kansas City, Kans
Topeka
Wichita
Helena...
Denver
Pueblo
Muskogee. .
Oklahoma City
Tulsa
Seattle
Spokane.....
Tacoma
Portland
Los Angeles
Oakland
San Francisco
Ogden
Salt Lake City.
All other reserve cities
Total all reserve cities
Num- Gold
ber of
banks. coin.
Gold certificates
payable
to bearer
or order.
Silver
and
minor
coin.
27
10
37
1,409
8,106
1,586
9,692
1 701
717
2,418
13
83
111
387
729
680
3
5
4
33
14
11
15
6
4
5
1
3
2
20
23
13
202
211
108
64
12
7
72
1
20
9
1
9
22
6
4
5
2
9
8
6
2
4
3
4
7
3
7
3
6
18
4
3
3
4
6
6
2
3
3
5
12
4
8
4
10
2
4
3
2
9
2
4
9
7
10
3
1
3
7
2
7
4
5
378
415
6
41
1
92
139
66
346
30
13
97
98
45
754
514
193
150
65
52
128
5
87
37
1
37
146
13
33
35
32
32
236
9
4
11
7
8
21
2
55
119
8
60
13
409
69
78
32
35
62
34
13
2
13
22
35
49
37
1611
123
6
7
33
3
11
11
11
8
81
17
64
12
12
8
7
10
28
13
5
12
4
1
3
4
1,316
92
12
22
9
106
5
29
196
21
4
11
7
1
21
483
47
214
6
36
20
17
4,902
6,311
5
25
1,652
11,344
11
78
117
18
162
189
62
10
55
26
57
168
63
138
54
216
126
66
68
65
170
251
164
33
71
27
67
208
102
179
107
165
25
33
35
14
201
28
68
130
95
331
114
24
156
472
91
514
38
52
8,498
10,916
Clearinghouse
Paper
certificates currency
based on
other
specie and than gold
other law- certififul money
cates.
(sec. 5192).
28,068
10,675
38,743
4 114
806
1,132
620
6,274
4,713
1,944
2,430
563
315
1,140
21
400
326
479
1,218
167
572
205
1,276
1,410
391
.86
861
220
321
1,627
667
1,675
838
2,878
1,076
629
1 526
614
1 493
1,703
1 209
238
728
138
442
1,173
462
1 539
'315
1 133
143
316
293
62
937
313
2-13
436
849
1,514
273
236
794
2 382
549
2 803
72
211
66,533
105,276
Total
cash.
38 604
13,658
52,262
4r 695
929
1,294
679
7,322
5,577
2,311
2,990
640
387
1,340
27
537
385
525
1,387
278
727
255
1 470
1,856
464
100
938
253
386
1 969
749
1,884
913
3,584
1,288
837
1 626
'714
1 737
1^995
1 398
273
820
194
554
1,458
614
1 739
433
1 433
'178
357
364
80
2,650
454
323
592
964
1 958
393
289
977
3 373
687
3 542
135
305
81,585
133,847
St. Louis terminated as a central reserve city and designated a reserve city effective July 1,1922.
252
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 30.—Cash in vaults of National banks at date of each report during year
ended September 15, 1922—Continued.
SEPTEMBER 15,1922—Continued.
[In thousands of dollars.]
Cities, States, and Territories.
Number of
banks
Gold
coin.
Gold certificates
payable
to bearer
or order.
Silver
and
minor
coin.
Clearinghouse
certificates
based on
specie and
other lawful money
(sec. 5192).
Paper
currency
other
than gold
certificates.
Total
cash.
COUNTRY BANKS.
60
56
49
145
17
64
391
82
25
100
70
408
86
211
957
41
14
70
34
226
410
159
153
111
718
147
411
1,699
New York
New Jersey .
Pennsylvania
Delaware
Maryland
Total Eastern States.
465
228
820
18
75
1,606
695
680
2,219
25
125
3,744
333
433
898
4
204
1,872
1 331
1 020
2,524
58
155
5,088
Virginia..
West Virginia
North Carolina
South.Carolina....
. .
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky 1 ..
Tennessee
Total Southern States
171
121
87
79
93
58
105
32
33
519
83
132
94
1,607
340
198
163
35
122
129
302
78
59
512
85
229
207
2,459
242
145
123
11
21
11
118
17
8
128
35
155
66
1,080
532
285
385
200
240
258
352
128
184
1,456
264
343
280
4,907
Ohio
Indiana
Illinois
352
245
469
113
151
330
338
110
2,108
546
651
910
383
348
472
458
192
3,960
397
228
533
175
96
108
120
70
1,727
183
133
168
258
129
47
133
45
429
92
78
167
353
140
74
328
49
191
1,525
1,472
27
29
73
130
71
27
207
27
103
694
97
94
265
79
15
11
22
583
311
382
839
83
21
19
22
37
29
70
1,773
3
30
140
3
2
66
20
Maine..
. ...
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England States..
Michigan
Wisconsin
Minnesota
Iowa .
Missouri
Total MiddleWestern States.
North Dakota
South Dakota .
Nebraska
Kansas.
Montana
Wvominer
Colorado .
New Mexico
Oklahoma
Total Western States
Washington....
Oregon
California
Idaho
Utah.
. .
Arizona
Total Pacific States
Alaska (nonmember banks)
Hawaii (nonmember banks)
Total (nonmember banks)...
1
67
2
6
1 671
1*263
776
7,595
1 355
4*. 562
1 937
1*557
971
8,797
1 622
5*410
6
17,222
20,294
12 006
10 305
20* 118
326
1,153
43,908
14 365
12* 438
25*,759
413
1,637
3,813
2 473
2,666
1 022
1,543
1 784
2 241
736
1,036
7,611
1,177
2 252
1,857
30,211
4,927
3 101
3*337
1 268
1^927
2 182
3 013
*959
1 287
9,707
1 561
2 979
2*, 410
38,658
1.111
'886
1,269
453
497
738
783
300
6,037
9,817
6,296
8 158
3,610
3,572
3,172
3,124
1,242
38,991
11 871
8,061
10 870
4*621
4,513
4 490
4,485
1,804
50,715
316
346
664
261
138
377
114
892
1 181
922
1 098
2 421
1,325
1 028
1,611
469
3,630
3,395
13,685
1 616
1 316
1*684
3*568
1 797
1 267
2*523
659
4,816
19,246
347
311
1,105
206
24
64
156
1,608
1,481
5,187
705
98
254
650
9,983
2,285
2 196
7 168
1,023
143
388
906
14,109
i
1
287
2,213
~~
22
64
5l7
245
54,612
141
329
5
86
2
86
296
470
Total country banks
7,825
14,451
5,925
23,425
7
154,296
198,104
Total United States
8,240
20,762
17,269
34,341
7
259,572
331,951
Now includes Chattanooga, which was terminated as a reserve city effective Aug. 1,1922.
TABLE N O . 31.—Circulation of national banks at date of each report during year ended September 15, 1922.
[In thousands of dollars.]
Mar. 10,1922.
Dec. 31,1921.
Cities, States, and Territories.
Received
Received
from Comp- On hand. Outstandfrom Comp- On hand.
ing.
troller.
troller.
NewYork
Chicago
St. Louis
Central reserve cities
39,429
600
9,702
1,132
l
303
49,731
1,436
Boston
Albany
Brooklyn and Bronx
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
Charleston
Atlanta
Jacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
Little Rock
Louisville
Chattanooga
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapdis
Chicago
2,655
1,850
700
2,150
7,487
21,465
5,637
5,953
1,750
3,100
1,230
1,650
1,520
4,755
1,455
1,600
355
5,000
3,450
1,800
370
4,160
2,500
850
2,230
7,808
3,133
2,673
2,500
6,372
1,237
118
116
4
62
27
11
23
1
6
7
10
37
27
22
5
2
55
38,297
599
9,399
2,636
1,811
687
2,096
7,422
21,076
5,551
5,835
2,672
1,746
3,038
1,203
1,639
1,497
4,754
1,449
1,593
345
4,963
3,423
1,778
365
4,158
2,445
850
2,198
7,709
3,051
2,618
2,451
6,315
1,228
May 5,1922.
Received
Outstand- :rom
Comp- On hand.
ing.
troller.
Outstanding.
39,629
600
9,702
752
1
32
38,877
599
9,670
40,329
650
9,677
907
12
154
39,422
638
9,523
49,931
785
49,146
50,656
1,073 |
49,583
28
108
2,627
1,742
700
2,000
7,440
21,826
5,572
5,885
2,726
1,833
3,024
1,221
1,643
1,499
4,679
1,455
1,592
344
5,068
3,390
1,774
370
4,158
2,483
850
2,207
7,779
3,125
2,767
2,474
6,372
1,232
2,555
1,850
700
2,000
7,428
22,415
5,837
5,753
2,788
1,850
3,100
1,230
1,650
1,520
4,760
1,455
1,600
355
5,100
3,450
1,800
370
4,160
i,500
850
2,230
7,831
3,575
2,823
2,500
6,372
1,237
2,655
1,850
700
2,000
7,487
22,065
5,637
5,953
2,789
1,850
3,100
1,230
1,650
1,520
4,755
1,455
1,600
355
5,100
3,450
1,800
47
239
65
68
63
17
76
9
7
21
76
8
11
32
60
26
370
4,160
2,500
850
2,230
7,831
3,193
2,823
2,500
6,372
1,238
2
17
23
52
68
56
26
6
62
434
34
34
48
7
85
25
24
51
101
24
34
45
2,546
1,769
698
2,000
7,366
21,981
5,803
5,719
2,740
1,843
3,015
1,230
1,650
1,520
4,735
1,455
1,594
345
5,059
3,421
1,773
370
4,089
2,477
850
2,206
7,780
3,474
2,799
2,466
6,327
1,234
TABLE NO. 31.—Circulation of national hanks at date of each report during year ended September IS, 1922—Continued.
Or
[In thousands of dollars.]
Cities, States, and Territories.
Received
from Comp- On hand.
troDer.
Outstand- Received
roni Comp- On hand.
ing.
troller.
1,88$
1,819
2,000
3,6S7
2,817
1,295
783
1,533
397
959
2,081
840
571
1,877
'488
498
99
350
1,589
'395
1,142
1,000
958
1,850
1,905
2,000
3,658
2,841
1,300
800
1,555
400
975
2,088
844
570
1,887
500
501
100
350
1,600
400
1,150
1,011
963
1
1
Cedar Rapids
t)e$Moines
I>ubuque. - Sioux Qity
Kansas City, Mo
St. Joseph
Lincoln
Omaha
Kanssa City, Kans
Topeka
WicWta
Helena
Denver
Pueblo
Muskogee
Oklahoma City
Tutea
1,850
1,905
2,000
8,659
2,841
1 300
800
1,555
400
962
2,088
844
571
1 887
500
500
100
350
1 600
400
1,150
1,011
963
15
86
22
24
5
17
22
3
3
7
4
Spokane
2,250
12
2,238
2,600
4,850
1,600
17,400
925
2,200
39
153
19
104
2,561
4,697
1,581
17,296
925
2,196
peoria
Detroit
Grand Ratrids
Milwaukee
Minneapolis
.
St. Paul
Portland
Los Angeles
Oakland
San Francisco
Salt Lake City
All other reserve cities
Totalallreserve cities
. . .
175,379
225,110
10
12
2
1
11
5
8
11
5
4
2,188
] tfay
Mar. 10,1922.
Dec. 31,1921.
4QO
173,191
221,486
31
51
18
2,294
173,832
5
25
3
11
15
4
4
4<>ft
2,250
700
2,600
4,850
1,600
17,500
925
1,950
176,126
226,057
Outstand- Received
ing.
from Comp- On hand.
troller.
1,819
1,854
2,000
3,627
2,763
1,286
784
1,539
400
970
2,063
841
570
1,876
485
497
100
350
1,600
400
1,150
1,011
959
1 435
2,196
700
2,308
4,718
1,586
17,231
925
1,932
31
78
14
16
16
54
292
132
14
269
3,079
5,1922.
222,978
1,850
1,905
2,000
3 658
2,851
1,300
800
1,555
400
975
2,088
844
570
1,887
500
550
100
350
1,500
400
1,150
1,011
963
1 435
2,250
700
2,275
4,850
1,600
17,500
925
1,950
41
51
4
23
95
5
14
3
1
3
7
13
4
26
4
2
1
15
1
5
4
84
9
152
15
Outstanding.
a
1,809
I'm
3,03$
2,756
1,29.5
78$
1,552
399
072
2,081
496
548.
99
350
1,485
400
1,150
1,010
958
1,435
2,246
700
2,191
1,591
17,348
925
1,935
176,336
2,023
174,313
226,992
3,096
223,896
O
O
o
o
d
COTJNTEY BANKS.
Maine
:
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
5,483
5,087
4,451
17,490
4,773
13,109
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
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
.
Total Middle Western States
..
.
117
83
46
295
91
215
5,366
5,004
4,405
17,195
4,682
12,894
5,633
5,087
4,450
17,715
. 4,772
13,063
68
46
36
184
80
174
5,565
5,041
4,414
17,531
4,692
12,889
5,633
5,085
4,450
17,744
4,772
13,113
56
47
26
175
68
198
5,577
5,038
4,424
17,569
4,704
12,915
50,393
847
49,546
50,720
588
50,132
50,797
570
50,227
33,527
16,371
64,375
1,102
3,882
454
354
917
24
42
33,073
16,017
63,458
1,078
3,840
33,535
16,377
64,283
1,103
3,870
374
254
746
18
37
33,161
16,123
63,537
1,085
3,833
33,810
16,280
64,556
1,103
3,870
348
181
622
15
36
33,462
16,099
63,934
1,088
3,834
119,257
1,791
117,466
119,168
1,429
117,739
119,619
1,202
118,417
18,699
10,280
8,329
6,694
7,702
4,588
9,171
2,955
2,717
26,054
3,822
11,691
7,263
185
99
67
54
73
34
$4
48
4
208
23
74
48
18,514
10,181
8,262
6,640
7,629
4,554
9,087
2,907
2,713
25,846
3,799
11,617
7,215
18,805
10,304
8,379
6,692
7 702
4,613
8,971
2,974
2,718
25,891
3,807
11,822
7,289
108
78
146
66
64
41
49
31
15
169
5
98
54
18,697
10,226
8,233
6,626
7,638
4,572
S 922
2,'943
2,703
25,722
3,802
11,724
7,235
18,834
10,365
8,424
6,668
7,552
4,623
8,821
2,974
2,719
25,870
3,867
11,882
7,299
104
83
103
48
66
91
44
26
28
134
18
103
53
18,730
10,282
8,321
6,620
7,486
4,532
8,777
2,948
2,691
25,736
3,849
11,779
7,246
119,965
1,001
118,964
119,967
924
119,043
119,898
901
118,997
29,797
21,122
26,376
8,960
11,329
11,369
16,678
5,773
344
204
213
91
84
80
120
26
29,453
20,918
26,163
8,869
11,245
11,289
16,558
5,747
29,818
20,734
26,411
8,960
11,329
11,420
16,640
5,772
319
138
223
112
49
59
102
23
'29,499
20,596
26,188
8,848
11,280
11,361
16,538
5,749
29,569
21,248
26,452
8,972
11,379
11,394
16,617
5,770
285
182
207
102
72
61
74
24
29,284
21,066
26,245
8,870
11,307
11,333
16,543
5,746
131,404
1,162
130,242
131,084
1,025
130,059
131,401
1,007
130,394
3
n
K
E
a
fcO
en
TABLE NO. 31.—Circulation of national banks at date of each report during year ended September 15, 1922—Continued.
to
[In thousands of dollars.]
Cities, States, and Territories.
NorthDakota
South Dakota
Nebraska
Kansas
Montana
Wyoming
Colorado"
New Mexico..
Olclflhrvnift
T.
Received
from Comp- On hand.
troller.
.
23
24
32
71
21
19
60
10
66
4,527
4,197
7,153
10,268
3,843
2,376
4,948
2,300
8,407
4,575
4,221
7,185
10,244
«,865
2,395
5,008
2,326
8,573
22
20
25
74
24
18
44
23
55
4,553
4,201
7,160
10,170
3,841
2,377
4,964
2,303
8,518
48,345
299
48,046
48,345
326
48,019
48,392
305
48,087
2,972
4,138
18,210
3,299
619
1,229
1,213
63
41
253
48
9
27
21
2,909
4,097
17,957
3,251
610
1,202
1,192
2,977
4,138
17,971
3,344
602
1,229
1,212
87
38
166
47
6
23
2
2,890
4,100
17,805
3,297
596
1,206
1,210
2,977
4,139
17,271
3,394
595
1,229
1,212
68
43
156
46
4
17
14
2,909
4,096
17,115
3,348
591
1,212
1,198
...
31,680
462
31,218
31,473
369
31,104
30,817
348
30,469
3
. .
63
450
8
55
450
63
450
12
5
51
445
62
450
15
47
450
w
513
8
505
513
17
496
512
15
497
cj
501,436
4,348
497,088
w
728,428
7,444
720,984
^
.
.
.
Total (nonmember banks)
Total country banks
Total United States
O
4,550
4,221
7,185
10,339
3,864
2,395
5,008
2,310
8,473
.
Total Pacific States..
Outstanding.
4,523
4,191
7,055
10,261
3,848
2,370
4,971
2,292
8,535
.
Alaska (nonmember banks)
Hawaii (nonmember banks)
Received
Outstand- from
Comp- On hand.
ing.
troller.
27
25
27
78
23
25
37
14
43
,
.
Rceeived
Outstand- from
Comp- On hand.
ing.
troller.
4,550
4,216
7,082
10,339
3,871
2,395
5,008
2,306
8,578
. .
Total Western States
Washington
Oregon
California
Idaho
Utah
. .
Nevada
Arizona
May 5,1922.
Mar. 10,1922.
Dec. 31,1921.
.
.
...
501,557
5,570
495,987
501,270
4,678
496,592
726,667
9,194
717,473
727,327
7,757
719,570
a
a
o
June 30,1922.
Cities, States, and Territories.
New York..
Chicago 1
St. Louis .
Central reserve cities.
Boston
Albany
Brooklyn and Bronx.
Buffalo
Philadelphia
Pittsburgh
Baltimore
,
Washington
Richmond
Charleston
Atlanta
Savannah
Jacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
Little Rock
Louisville 2
Chattanooga
Memphis
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis
Chicago
Peoria
1
St. Louis terminated as central reserve city and designated reserve city, effective July 1,1922.
2 Chattanooga terminated as reserve city, effective Aug. 1,1922.
Received
from Comp- On hand.
troller.
Sept. 15,1922.
Received
Outstand- rom
Comp- On hand.
ing.
troller.
40,179
500
9,667
599
1
7
39,580
499
9,660
37,904
575
50,346
607
49,739
38,479
2,449
1,798
699
2,600
7,366
22,168
6,039
5,694
2,350
1,850
3,631
2,705
1,850
700
2,750
7,432
22,865
5,582
5,753
2,397
1,850
3,700
1,223
1,650
1,493
4,760
1,455
1,595
325
5,059
3,432
1,774
370
4,131
2,500
850
2,214
7,766
4,426
3,087
2,493
6,344
1,541
1,838
1,230
1,650
1,520
5,260
1,455
1,600
355
5,200
3,650
1,800
370
4,160
2,455
1,850
700
2,600
7,432
22,865
6,082
5,753
2,397
1,850
3,700
66
697
43
59
47
1,230
1,650
1,520
4,760
1,455
1,600
355
5,100
3,450
1,800
370
4,160
2,500
850
2,230
7,831
4,472
3,151
2,500
6,373
1,547
1,850
29
Outstand-
37,475
575
C1)
850
2,230
7,831
4,600
3,223
2,500
6,372
1,598
1,850
429
38,050
5
45
191
16
49
40
8
56
2,674
1,776
700
2,745
7,387
22,674
5,566
5,704
2,357
1,842
3,644
31
24
1,230
1,619
1,520
5,241
1,454
1,584
355
5,192
3,632
1,790
370
,4'136
849
2,230
7,812
4,559
3,206
2,476
6,372
1,591
1,836
to
Or
TABLE NO. 31.—Circulation of national banks at date of each report during year ended September 15, 1922—Continued.
Or
00
[In thousands of dollars.]
Sept. 15, 1922.
2rune 30,1922
Cities, States, and Territories.
Detroit
Grand Rapids
Milwaukee
Minneapolis
St.Paul
CedarRapids
!pesMoines
iDubuque
Sioux City
Kansas City, Mo
.
..
Received
from Comp- On hand.
troller.
1,905
2,000
3,659
2,791
1 100
800
1 555
400
975
2,088
845
S t t>QUiS *
Lincoln
Omaha
Kansas City, Kans
Topeka
Wfchita.
Helena
3>enver
Pueblo...
Huskogee
OklahomaCity
67
17
36
30
7
7
18
571
*
1,888
500
600
100
350
1,500
13
3
975
1
4
1 537
1 555
400
2,088
832
2,088
844
9,667
400 I
966
0)
568
571
5
495
600
100
350
500
600
100
350
24
12
2
51
1,950
95
91
19
232
2
20
179,024
2,197
Total all reserve cities
229,370
2,804
800
23
9
18
34
13
6
1,888
3
1,476
'400
1,138
1,009
958
1,534
2,247 :
700
700
925
793
1,905
2,000
3,658
2,741
1,100
1,877
Seattle
Spokane
Taeoma.
Portland
Los Angeles
Oakland
San Francisco
Ogden
SaltLakeCity
All other reserve cities
2,125
4,850
1,600
17,500
1,838
1,983
3,623
2,761
1,093
11
400
1,150
1,011
963
1,535
2,250
Outstand- Received
from Comp- On hand.
ing.
troller.
2,030
4,759
1,581
17,268
1,500
400
1,150
1,011
963
1,535
2,250
8
1
32
3
5
4
2
8
3
8
4
8
1
16
1,882
1,991
3,640
2,707
1,087
794
1,555
399
971
2,080
843
9,635
568
1,883
496
598
100
350
1,492
397
1,142
1,007
955
1,534
2,234
700
700
2,025
4,850
1,600
17,700
Outstanding.
1,932
4,697
1,589
17,603
1,950
93
153
11
97
2
4
176,827
187, \m
1,336
185,853
226,566
225,668
1,765
223,903
923
1,930
925
923
1,946
C'UUJNTKY B A N K S .
Maine
New Hampshire
Vermont
Massachusetts
Ehode Island
Connecticut
Total New England States
..'.
New York
New Jersey
Pennsylvania
Delaware
Maryland
,
Total Eastern States
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Kentucky
Tennessee
•
..
r_ZZIIIIIZIZIIZIIZIIIZZIIZIIIIZIIIIIIIIIIZIIZIIZZZIZZZZZIZIIIIIIIIZIZIIZIIIZIIZZZZZIZZIZZZ
Total Southern States
Ohio
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
:
'. '.'.
'..'..'..'.."...'.'.
Total Middle Western States
1
5,633
5,088
4,450
17,705
4,773
13,113
69
29
26
151
46
157
5,564
5,059
4,424
17, 554
4,727
12,956
5,633
5,117
4,451
17,745
4,772
13,113
43
44
50
127
59
133
5,590
5,073
4,401
17,618
4,713
12,980
50,762
478 *
50,284
50,831
456
50,375
33,831
16,317
65,130
1,103
3,888
245
180
520
13
15
33,586
16,137
64,610
1,090
3,873
33,506
16,339
65,700
1,103
3,888
163
160
387
12
19
33,343
16,179
65,313
1,091
3,869
120,269
973
119,296
120,536
741
119,795
18,860
10,402
8,399
6,703
7,552
4,742
8,831
2,980
2,817
25,828
3,882
11,881
7,334
141
51
103
24
11
59
31
20
17
105
7
50
32
18,719
10,351
8,296
6,679
7,541
4,683
8,800
2,960
2,800
25,723
3,875
11,831
7,302
18,994
10,490
8,449
6,654
7,552
4,668
8,831
2,924
2,819
25,894
3,900
11,832
9,933
76
102
65
45
33
117
63
18
11
109
19
43
36
18,918
10,388
8,384
6,609
7,519
4,551
8,768
2,906
2,808
25,785
3,881
11,789
9,897
120,211
651
119,560
122,940
737
122,203
29,331
21,270
26,884
8,972
11,504
11,695
16,516
5,773
354
147
182
99
68
44
68
16
28,977
21,123
26,702
8,873
11,436
11,651
16,448
5,757
29,500
21,476
27,053
9,001
11,519
11,759
16,557
5,797
165
90
118
61
61
47
48
10
29,335
21,386
26,935
8,940
11,458
11,712
16,509
5,787
131,945
978
130,967
132,662
600
132,062
St. Louis terminated as central reserve city and designated reserve city, effective July 1,1922.
to
TABLE N O . 31.—Circulation of national banls at date of each report during year ended September 15, 1922—Continued.
to
O
[In thousands of dollars.]
rune 30,1922
Cities, States, and Territories.
North Dakota..
South Dakota
Nebraska
Kansas
Montana
Wyoming
.
Received
from Comp- On hand.
troller.
Sept. 15,1922
Received
Outstand- from
Comp- On hand.
ing.
troller.
Outstanding.
O
4,575
4,231
7,185
10,045
3,765
2,395
5,009
2,326
8,762
18
10
22
84
13
14
34
6
77
4,557
4,221
7,163
9,961
3,752
2,381
4,975
2,320
8,685
4,600
4,231
7,085
10,044
3,765
2,395
5,008
2,300
8,754'
11
9
17
57
18
4
25
9
24
4 589
4,222
7,068
9,987
3,747
2,391
4,983
2 291
8,730
48,293
278
48,015
48,182
174
48,008
2,977
4,138
17,396
3,393
595
1,229
1,212
41
39
230
30
3
18
2
2,936
4,099
17,1663,363
592
1,211
1,210
2,975
4,138
16,619
3,394
595
1,229
1,223
47
33
112
25
1
8
5
2,928
4,105
16 507
3,369
594
1,221
1,218
I
30,940
363
30,577
30,173
231
29,942
63
450
19
11
44
439
62
450
3
8
59
442
w
513
30
483
512
11
501
Total country banks
502,933
3,751
499,182
505,836
2,950
502,886
Total United States
732,303
6,555
725,748
731,504
4,715
726,789
New Mexico.
.
Oklahoma
Total Western States
Washington..
Oregon
California
Idaho
Utah
Nevada .
Arizona
Total Pacific States
.
,.
Alaska (nonmember banks)
Hawaii (nonmember banks)
Total (nonmember banks)..
w
tei
a
o
K
H
O
3
a
*
T A B L E N O . 32.—Gold, silver, coin certificates, legal tenders, and currency certificates held by national banks at date of each report from January 18>
1914, to September 15, 1922.
[For prior years see annual report 1920.]
[In thousands of dollars.]
Date.
Gold coin.
United
Clearing- States
Gold
cercerTreasury house
tificates
tificates
certificates. (sec. 5192).
for gold 1
deposited.
W
Silver
dollars.
Silver
Treasury Fractional L«gal-ten«
certificates. silver coin.s der notes.
Total lawPaper
currency.3 ful money.
O
1914.
Jan. 13..
Mar. 4...
June 30..
Sept. 12.
Oct. 31...
Dec. 31..
O
W
H
153,386
153,438
149,295
156,234
162,564
124,464
314,810
333,612
321,729
308,005
315,862
200,179
79,413
87,933
99,964
84,326
73,906
44,196
45,150
55,670
54,875
38,820
39,230
19,255
15,180
14,536
14,293
12,692
12,810
14,009
148,197
125,321
129,824
126,445
128,450
109,210
24,354
22,184
21,605
19,677
20,430
23,544
201,429
175,373
177,490
157,508
172,301
128,371
981,919
968,067
969,075
903,707
925,553
663,228
124,191
117,611
121,173
119,950
127,118
118,416
205,095
224,056
276,046
327,673
349,984
295,410
64,848
70,932
74,059
64,569
59,568
83,964
45,935
61,910
63,115
56,170
51,605
54,960
13,514
12,001
12,427
12,094
11,473
11,778
115,736
100,544
110,529
118,528
111,074
103,860
22,534
20,195
21,192
20,860
20,975
21,375
127,091
128,000
111,240
122,765
114,978
118,117
718,944
735,249
789,781
842,609
846,775
807,880
119,897
117,114
117,199
122,079
127,599
120,396
310,064
281,170
284,089
286,418
320,574
310,627
87,749
78,801
66,971
77,546
65,623
67,259
56,170
44,365
40,735
43,684
41,738
38,636
11,897
11,737
11,812
11,762
11,991
13,083
101,293
109,365
98,505
100,664
97,921
104,600
21,710
21,013
21,168
20,869
21,402 I
22,498
124,833
113,890
117,524
105,101
101,496
108,847
833,613
777,455
758,003
768,123
788,344
785,946
97,240
23,378
Mar. 5...
118,433
343,784
42,823
13,025
67,315
107,994
305,597
102,612
23,980
Mayl...
116,897
37,270
13,399
103,828
59,746
224,515
105,336
23,738
105,147
June 20.
116,983
16,695
13,434
55,985
Sept. 11.
79,549
6,697
5 39,445
0)
Nov. 20.
70,002
15,431
5 42,007
(4)
Dec. 31..
61J560
13,661
6 45,122
1 Beginning Sept. 11,1917, included with gold Treasury certificates.
2 Beginning Dec. 31/1914, includes minor coin.
a Beginning Sept. 11,1917, includes ail United States paper currency and bank notes except on the dates when shown under the respective headings.
* Included with paper currency on these dates.
& Fractional silver and minor coin included with silver dollars on these dates.
813,992
763,329
661,833
493,609
516,120
532,126
w
a
o
1915.
Mar. 4 . . .
May 1...
June 28.
Sept. 2 . .
Nov. 10.
Dec. 31..
I
1916.
Mar. 7...
Mayl...
June 30..
Sept. 12.
Nov. 17.
Dec. 27..
a
Q
d
1917.
367,918
388.680
411,783
to
TABLE NO. 32.—Gold, silver, coin certificates leaal tenders, and currency certificates held by national banks at date of each report from January
1914, to September 15,1922—Continued.
[For prior years see annual report 1920.]
[In thousands of dollars.]
Date.
Mar. 4
May 10
June 29
Aug. 31
Kov.l
Dec. 31
Mar.4
May 12
June 30
Sept. 12
Nov. 17
Dec. 31
Feb. 28
May 4
June 30
Sept.8
Nov.15
Dec. 29
Feb. 21
Apr. 28
June 30
Sept.6
Dec. 31
Mar.10
May 5
June 30
Sept. 15
United
Clearing- States
cerGold
house
certificates
Gold coin. Treasury
tificates
for
gold
certificates. (sec.
5i92). deposited.
1918
1922.
4
•46,018
i 43,515
11,025
6 43,358
6 43,473
6 45,431
()
42,564
(4)
(55)
()
31,328
(65)
(5)
()
22,234
22,357
21,532
22,516
23,510
20,686
10,862
10,836
9,865
8,858
9,658
3,813
5 40,839
5 43,215
10,424
6 42,350
6 44,003
5 47,991
()
30,917
(4)
(55)
()
33,193
(55)
(5)
()
10
20
72
55
5 43,880
5 43,735
9,099
5 36,790
5 36,949
()
24,195
(4)
21,745
21,433
21,183
20,819
19,360
()
22,951
19,333
17,389
20,347
20,851
20,438
20,762
17,013
17,520
18,3d9
17,269
Included with paper currency on these dates.
& Fractional silver and minor coin included with silver dollars on these dates.
74,850
(<)
53,317
(«)
0)
59,781
25,590
25,348
25,893
25,130
24,336
21,236
1919.
1921.
Ml,653
6 43,759
11,170
6 37,978
6 42,521
12,110
Silver
Paper
Treasury Fractional Legal-tencertificates. silver coin. der notes. currency.
12,359
12,098
11,639
11,884
11,530
11,425
\
11,229
11,151
10,940
10,872
10,859
10,878
52,394
44,202
34,261
30,417
27,671
24,725
1920.
Silver
dollars
5 36,182
5 35,153
7,771
5 34,341
23,012
(4)
()
28,581
(5)
(6)
32,073
(5)
(5)
31,331
(5)
(5)
(55)
()
27,114
(5)
39,034
45,104
35,818
34,300
()
26,957
(4)
Total lawful money.
od
n
210,115
363,435
161,789
283,857
362,106
302,378
449,719
463,494
382,701
364,136
443,828
522,063
a
o
353,002
375,355
238,686
359,851
371,373
431,060
435,839
H
424,455
439,211
450,041
508,605
§
302,816
379,875
282,861
397,822
370,866
421,910
376,751
456,283
450,351
471,546
448,037
494,400
o
332,138
337,035
238,561
280,801
268,104
397,773
402,223
374,349
357,798
341,811
262,498
260,968
205,061
259,572
336,065
334,504
326,181
331,951
o
d
o
()
24,421
(4)
TABLE NO. 33.—Specie held by national hanks in the city of New York on dates indicated, 1914 to 1922.
[For prior years see annual report 1920.]
[In thousands of dollars.]
Date.
Jan. 13
Mar. 4
June 30
Sept. 12
Oct. 31
Dec. 31
Mar.4
Mayl
June 23
Sept. 2
Nov. 10
Dec. 31
Mar. 7
May 1
June 30
Sept. 12
Nov.17
Dec. 27
Mar. 5
Mayl
June 20
Sept.11
Nov. 20
Dec. 31
Gold coin.
Gold
ClearingGold
Treasury
house
Treasury certificates
certificates. payable certificates
to order. (sec. 5192).
1914.
1915.
1916.
,
1917.
1
Included with paper currency,
Silver
dollars.
Silver
Frational
silver
Treasury
coin.
certificates.
Paper
currency.
Total.
4,834
6,229
5,444
4,953
5,532
5,208
135,709
158,776
142,616
112,464
128,981
85,791
17,420
26,740
31,940
17,100
17,420
8,410
44,055
52,830
60,545
46,910
39,390
20,020
49
55
53
60
58
57
50,674
37, 111
39,413
47,321
52,534
41,318
1,3.58
1,230
1,218
1,142
1,172
1,233
254,099
282,971
281,229
229,950
245,087
162,037
4,501
4,125
3,970
6,099
9,468
7,095
82,110
101,105
145,144
190,450
209,547
154,263
31,580
48,000
50,150
42,960
38,370
39,890
41,950
49,230
53,270
43,090
41,890
64,370
45
49
52
53
41
41
47,898
36,371
37,302
49,432
38,009
33,167
1,054
1,109
1,057
L,138
:1,551
]1,275
209,138
239,989
290,945
333,222
338,876
300,101
6,004
6,361
6,422
4,324
5,966 .
5,199
162,042
127,628
140,655
124,877
156,330
148,326
39,480
31,360
26,620
28,150
27,280
25,070
65,740
60,770
49,880
53,210
48,090
53,070
82
38
39
43
43
50
25,902
31,205
25,904
26,104
22,976
23,545
1,243
1,284
1,382
]t,454
]L 455
1,411
300,493
258,646
250,902
238,162
262,140
256,671
5,957
5,655
5,384
3 283
3,123
3,079
177,507
136,178
64,078
n\
28,540
22,980
4,750
46,370
45,050
42,370
3,400
11,270
11,010
48
47
46
2
1,741
22 2 029
4,572
22,946
22,959
24,603
1,343
1,672
1,659
282,710
234,541
142,890
72,845
86,214
86,174
1
C)
0)
0)1
C)
includes fractional silver and minor coin.
64,421
69,792
67,513
I
O
o
o
hrj
$
t
a
to
CO
TABLE NO. 33.—Specie held by national banks in the city of New York on dales indicated, 1914 to 1922—Continued.
to
[For prior years see annual report 1920.]
[In thousands of dollars.]
Date.
Mar.4
May 10
June 29
Aug. 31
Nov.l
Dec. 31
Gold coin.
Gold
ClearingGold
Treasury
house
Treasury certificates certificates
certificates.
(sec. 5192).
;o order.
1918.
2,218
2,367
1,990
2,153
2,246
1,745
1919.
Mar.4
May 12
June 30
Sept. 12
Nov. 17
Dec. 31
1,981
1,872
1,860
1,770
1,556
1,322
1920.
Feb. 28
May 4
June 30
Sept. 8
Nov. 15
Dec. 29
1,289
1,162
1,134
1,296
1,930
1,430
15,448
1,141
1,103
1,053
945
1,854
2 2,727
21
2 2,029
2 2,303
49
C1)
C1)
(3)
0)
0)
0)
10,800
10,800
10,803
10,800
10,800
10,800
2 2,175
2 2,084
60
2 2,060
2 2,528
2 2,330
ft
(*)
i)
10,800
10,800
9,814
8,800
9,630
3,800
2 1,993
2 2,152
43
2 2,424
2
2,496
2 3,052
i)
(3)
13,820
()
C1x)
()
11,910
0)
0)
0)
1
C)
0)
13,186
C1)
(})
0)
2
11,360
11,150
10,855
11,220
10,800
10,800
14,988
0)
1921.
Feb. 21
Apr. 28
June 30
Sept. 6
Dec. 31
()1
Silver
dollars.
(*)
0)
1
(0
(9
12,503
10,359
8,763
2 2,069
2,537
17
2
1,516
2
1,791
8,677
8,653
8,576
8,106
2 1,789
2 1,825
18
2 1,701
C1)
2
1922.
Mar. 10
May5
June 30
Sept. 15
942
764
729
Silver
Fractional
silver
Treasury
coin.
certificates.
16,660
C1)
12,593
11,422
9,384
1,722
1,569 I
1,504
8
0)
0)
0)
5,808
C11)
C)
0)
C11)
C)
5,773
8
0)
0)
3,764
G)
2,319
1,758
Paper
currency.
Total.
22,638
59,802
24,022
47,922
54,795
37,273
70,178
76,046
66,191
63,324
70,144
76,678
52,389
54,158
29,322
52,865
55,430
62,057
67,345
68,914
64,843
67,495
70,314
76,509
47,096
50,601
36,661
59,438
53,498
58,702
61,178
64,715
68,965
71,958
67,554
66,984
47,119
52,710
31,989
33,194
33,424
50,329
56,350
53,093
46,014
44,912
33,091
31,442
25,539
28,068
44,499
42,919
40,351
38,604
2
3
i Included with paper currency.
Includes fractional silver and minor coin.
Included with gold Treasury certificates.
NOTE.—Beginning with reports for Sept. 11,1917, national bank notes, legal tender notes, Federal reserve notes, and Federal reserve bank notes not included in previous classification of specie, are now included in paper currency and total.
Paper currency includes all United States paper currency and bank notes except on the dates when shown under the respective headings.
Fractional silver coin includes minor coin beginning Dec. 31,1914.
d
o
w
H
o
M
w
o
o
s
H
o
p
o
W
o
d
g
o
REPORT OF THE COMPTROLLER OF THE CURRENCY.
265
T A B L E N O . 34.—Reserve held by national banks as shown by reports September 11, 1917,
and subsequent dates.
[In thousands of dollars.]
amount
Number Net
on which
of
reserve is
banks.
computed.
Date.
7,638
7,656
7,662
7,670
7,688
7,705
7,728
7,754
7,767
7,76.1
7,773
7,785
7,821
7,865
7,890
7,933
7,990
8,030
8,093
8,123
8,130
8,143
8,152
8,154
8,155
8,169
8,197
8,230
8,249
8,240
Sept. 11,1917
Nov. 20,1917.
Dec. 31,1917.
Mar. 4,1918..
May 10,1918.
June 29,1918.
Aug. 31,1918.
Nov. 1,1918.
Dec. 31,1918.
Mar. 4,1919..
May 12,1919.
June 30,1919.
Sept. 12,1919
Nov. 17,1919.
Dec. 31,1919.
Feb. 28,1920.
May 4,1920..
June 30,1920.
Sept. 8,1920.
Nov. 15,1920.
Dec. 29,1920.
Feb. 21,1921.
Apr. 28,1921.
June 30,1921.
Sept. 6, 1921.
Dec. 31,1921.
Mar. 10,1922.
May 5,1922..
June 30,1922.
Sept. 15, 1922
10,082,779
10,348,806
10,556,545
10,462,409
10,310,417
10,127,916
10,456,659
10,767,510
11,562,483
11,283,710
11,718,095
11,576,140
12,274,272
12,721,467
12.825,314
12,994,198
12,806,588
12,727,792
12,693,655
12,493,179
12,078,661
11,654,918
11,134,115
11,016,794
10,822,861
11,141,891
11,271,100
11,471,231
11,816,544
12,051,224
Percentage
of amounts
due from
due Federal
Amount of Amount
refrom
Federal
reserve reserve
banks
reserve
quired.
to amount
banks.1
on which reserve is
computed.
964,528
985,004
1,008,104
998,291
992,194
977,268
1,006,632
1,032,256
1,113,142
1,074,164
1,121,319
1,107,719
1,170,205
li204,920
1,211,602
1,225,025
1,207,584
1,204,501
1,193,947
1,172,175
1,138,132
1,093,956
1,045,687
1,038,195
1,015,469
1,056,976
1,069,126
1,090,215
1,124,026
1,136,691
1,048,425
1,080,075
1,114,081
1,074,211
1,106,862
1,131,674
1,113,667
1,101,629
1,182,608
1,151,145
1.180,961
1,211,079
1,229,533
1,264,482
1,314,302
1,288;169
1,267,823
1,247,096
1,232,039
1,220,152
1,187,251
1,130,402
1,078,730
1,041,760
1,031,468
1,145,074
1,126,793
1,152,111
1,152,833
1,233,717
10.40
10.44
10.55
10.27
10.74
11.17
10.65
10.23
10.23
10.20
10.08
10.46
10.02
9.94
10.25
9-91
9.90
9.80
9.71
9.77
9-83
9.70
9.69
9.46
9.53
10.28
9.91
10.04
9.76
10.24
1
Includes cash in vault and due from approved reserve agents of nonmember national banks in Alaska
and Hawaii.
18587°—23-
-18
TABLE NO. 35.—Reserve computation of national banks at date of each report during year ended September 15,
to
03
[In thousands of dollars.]
Dec. 31,1921.
Cities, States, and
Territories.
Net
amounts
due from
banks
not included in
reserve
calculation.1
New York..
Chicago
St. Louis...
Central reserve cities..
Net
amount Amount
on which of reserve
reserve is required.
computed
Hay 5, i922.
Mar. 10,1922.
Amount
of lawful
reserve
with
Federal
reserve
banks.
Percent
to net
amount
on
which
reserve
is computed.
Net
amounts
due from
banks
not included in
reserve
calculation.*
cent
Amount Per
to net
of lawful amount
Net
amount Amount reserve
on
on which ofreserye with
Which
reserve is required, Federal reserve
computed
reserve is combanks. puted.
Net
amounts
due from
banks
not included in
reserve
calculation.i
Amount
of lawful
Net
amount Amount reserve
on which ofreserve with
reserve is required. Federal
computed.
reserve
banks.
Per cent
to net
amount
on
which
reserve
is computed.
13.81
13.32
14.13
9,795
296
2,820
2, 424,140
535,673
141, 247
315,138
69,638
18,362
351,953
72,584
18,419
14.52
13.55
13.04
6,753 2,350,262 305,534 332,290
355
593,243 77,122 76,708
282
146,403 19,032 16,613
14.14
12.93
11.35
5,568 2,441,044 317,336 337,103
239
577,239 75,041 76,887
325
146,561 19,053 20,713
12,911
,101,060
403,138
442,956
14.28
7,390 3,089,908 401,688 425,611
13.45
6,132 3,164,844 411, 430 434,703
2,383
326,689
43,686
33,347
37,241
389,389
227,824
86,021
65,144
52,128
7,470
34,793
493
19,007
16,481
25,933
45,596
13,584
27,375
4,379
32,669
4,369
3,335
3,724
38,939
22,782
8,602
6,514
5,213
747
3,479
49
1,901
1,648
2,593
4,560
1,358
2,737
438
5,081
2,311
848
368
4,339
1,195
32,852
4,198
3,361
3,776
41,402
23,472
8,719
6,965
6,149
806
3,539
54
1,708
1,751
2,865
4,843
1,426
13.74
•••-•"
Boston
Albany
Brooklyn and Bronx.
Buffalo
Philadelphia
Pittsburgh
Baltimore
Washington
Richmond
Charleston
Atlanta
Savannah
Jacksonville
Birmingham
New Orleans
Dallas
El Paso
Fort Worth
Galveston
Houston
San Antonio
Waco
Little Rock
Louisville.
Chattanooga
\.
Memphis....
215
634
6,353
791
1,310
3,346
94
468
2,245
20
1,153
2,056
615
850
936
217
1,981
311
539
218
23,114
8,476
3,685
43,391
11,944
8,965
507
6,274
2,360
3,545
1,677
931
10.06
9.61
10.08
10.14
10.63
10.30
10.14
10.69
11.80
10.79
10.17
10.96
8.99
10.63
11.05
10.62
10.50
11.68
11.58
12.35
10.21
10.15
10.02
8.17
14.04
10.39
1,561
754
568
4,828
548
583
2,931
70
698
1,012
28
2,059
1,697
1,391
3,784
43
1,321
465
1,039
36
95
334,711
63,820
37,013
405,173
231,336
85,604
68,622
50,571
7,220
35,668
469
23,591
15,251
26,700
47,972
15,471
29,994
4,235
52,907
22,402
9,017
3,810
47,369
11,831
33, 471
6,382
3,409
3,701
40,517
23,134
8,561
6,862
5,057
722
3,567
2,359
1,525
2,670
4,797
1,547
2,999
424
5,291
2,240
902
381
4,737
1,183
33,417
6,518
3,430
3,703
42,603
22,335
8,348
7,050
5,096
808
3,549
53
2,148
1,596
2,431
4,856
1,660
3,188
452
6,449
2,381
954
363
4,897
1,477
943
10.21
10.06
10.00
10.51
9.65
9.75
10.27
10.08
11.19
9.95
11.31
9.11
10.47
9.10
10.12
10.73
10.63
10.68
12.19
10.63
10.58
9.53
10.34
12.48
10.60
1,344
498
685
5,777
672
686
3,753
86
631
1,230
21
1,642
1,085
764
2,756
193
876
1,282
2,374
16
54
530
346,977
58,240
36,177
39,823
428,255
246,020
89,887
70 ™
7,255
38,083
421
25,701
16,544
24,620
54,537
15,471
29,304
4,248
53,523
22,794
9,627
3,793
44,158
12,104
8,626
34,698
5,824
3,618
3,982
42,826
24,602
8,988
7,099
4,897
726
3,808
42
2,570
1,654
2,462
5, 459
1,547
2,930
425
5,352
2,279
963
379
4,416
1,211
35,543
7,027
4,656
3,797
45,581
25,247
8,792
7,425
4,803
711
3,755
52
2,726
1,810
2,788
5,828
1,520
3,106
508
6,416
2,625
1,121
436
4,188
1,652
933
• * • •
•
10.24
12.07
12.87
9.53
10.64
10.26
9.78
10.46
9.81
9.80
9.86
12.33
10.61
10.94
11.32
10.67
9.83
10.60
11.96
11.99
11.52
11.65
11.50
9.48
13.65
10.82
Nashville
Cincinnati
Cleveland
Columbus
Toledo
!
Indianapolis
Chicago
Peoria
Detroit
Grand Kapids
Milwaukee.,
Minneapolis
St. Paul
Cedar Rapids
t>es Homes
Dubuque
Sioux City
Kansas City, Mo....
St.Joseph..........
Lincoln
Omaha
Kansas City, Kans.
Topeka
Wichita
Helena
Denver
Pueblo
2,202
6,812
2,814
4,288
1,998
4,847
2,044
1,203
8,828
1,426
5,950
2,345
7,063
3,201
4,777
2,403
3,991
2,186
1,278
8,878
1,187
6,322
8,712
6,510
1,117
1,834
380
1,480
8,567
1,418
1,105
6,172
616
780
1,114
518
6,434
749
991
3,252
3,779
6,871
1,842
907
5,179
10,853
1,847
22,844
559
1,854
22,018
68,123
28^140
42,882
19,974
48,471
20,439
12,034
88,278
14.261
59,498
84,994
56,514
8,739
20,714
3,890
14,420
79,386
12,374
10,214
57,828
6,138
7,296
13,167
3,262
57,840
7,830
7,910
26,990
34,275
58,056
16,385
9,046
45,057
104,869
17.262
204,345
5,476
16,771
5,652
874
2,071
389
1,442
7,939
1,237
1,021
5,783
614
730
1,317
326
5,784
783
791
2,699
3,427
5,806
1,638
905
4,506
10,487
1,726
20,434
548
1,677
57,514 3,022,130
302,213
319,522
Total all reserve cities .. 70,425 6,123,190
705,351
762,478
Oklahoma City.
Tulsa..
Seattle
Spokane
Tacoma
Portland
Los Angeles
Oakland
San Francisco..
Ogden
Salt Lake City..
All other reserve cities.
597
465
204
1,620
2,584
621
5,089
1,000
723
497
57
238
2
353
172
31
186
1,0
166
1,835
1,022
93
428
1,315
5,217
997
537
1,610
119
550
493
601
10.65
10.37
11.38
11.14
12.03
8.23
10.70
10.62
10.06
8.32
10.63
10.25
11.52
12.78
8.85
9.77
10.26
10.79
11.46
10.82
10.67
10.04
10.69
8.46
15.88
11.12
9.57
12.53
12.05
11.03
11.84
11.24
10.03
11.49
10.35
10.70
11.18
10.21
11.05
455
931
648
1,293
624
2,260
454
12,132
711
439
218
187
655
32
159
806
84
4,324
15
185
1,762
2,947
3,166
50
1,924
163
18
26,321
74,109
35,432
49,456
20,922
44,467
21,278
14,307
99,374
14,612
66,506
84,750
11,443
21,514
3,878
17,938
85,476
14,478
11,071
64,818
5,587
7,515
13,996
3,214
56,669
6,951
8,157
27,738
35,893
57,717
19,462,
10,360
45,403
103,371
18,525
188,956
5,026
14,452
2,632
7,411
3,543
4,945
2,092
4,447
2,128
1,431
9,937
1,461
6,651
8,475
6,250
1,144
2,151
388
1,794
8,547
1,448
1,107
6,482
559
751
1,400
321
5,667
695
816
2,774
3,589
5,772
1,946
1,036
4,540
10,337
1,852
18,896
503
1,445
3,027
7,638
3,561
4,909
2,305
3,789
2,224
1,419
12,292
1,601
6,682
7,389
6,752
1,433
2,116
398
1,822
9,302
1,685
1,247
6,414
584
788
1,069
468
4,809
3,193
4,043
7,272
1,972
1,014
3,941
11.50
10.31
10.05
9.93
11.02
8.52
10.45
9.92
12.37
10.96
10.05
8.72
10.80
12.52
9.84
10.26
10.16
10.88
11.64
11.27
9.90
10.45
10.49
7.64
14.57
8.49
10.04
11.76
11.51
11.26
12.60
10.13
9.79
433
558
1,087
968
1,782
25,620
70,816
33,884
50,441
20,351
1,843
489
5,491
547
455
262
74
21,718
13,765
94,094
13,801
62,618
90,350
58,348
11,012
23,559
4,008
17,031
87,538
13,284
11,919
60,830
5,483
8,072
14,702
3,303
59,452
7,017
8,218
28,924
"39,911
65,203
18,265
10,006
48,785
109,032
18,612
201,120
4,916
13,503
223
67
30
45
1,118
43
4,414
97
171
4,292
4,027
3,449
565
523
2,562
7,082
3,388
5,044
2,035
4,895
2,172
1,376
9,409
1,380
6,262
•9,035
5,835
1,101
2,356
401
1,703
8,754
1,328
1,192
6,083
548
807
1,470
330
5,945
702
822
3,991
6,520
1,827
1,001
4,878
2,849
6,543
3,552
5,111
2,188
3,822
2,024
1,401
9,166
1,364
6,396
9,541
6,358
1,415
2,566
409
1,741
9,364
^-654
1,394
6,210
613
830
1,315
460
6,689
740
1,109
2,471
3,898
6,974
2,034
1,041
4,899
11,409
1,923
21,986
525
1,394
10,445
1,882
19,475
430
1,605
8.68
10.10
10.16
10.31
8.56
11.11
10.57
62,935 3,147,382 314,738 323,357
10.27
64,289 3,234,651 333,465 338,424
12.45
70,325 6,237,290 716,426 748,968
11.85
70,421 6,399,495 734,895 773,127
182
248
308
50
36
3,765
430
10,903
1,861
20,112
492
1,350
11.12
9.24
10.48
10.13
10.75
7.81
9.32
10.18
9.74
9.88
10.21
10.56
10.90
12.85
10.89
10.21
10.22
10.69
12.45
11.70
10.21
11.18
10.28
8.94
13.93
11.25
10.55
13.50
8.54
9.77
10.70
11.14
10.40
10.04
10.46
10.33
10.93
10.68
10.32
10.46
12.08
1
This amount represents the net amount due from banks as shown by the reports of those banks whose balances due from exceed the balances due to banks and must be
deducted from the amount in the second column in order to prove the apparent amount of liabilities upon which reserve is required, as shown by the individual items of resources
and liabilities shown elsewhere in this report. Certified checks and cashiers' checks are now included with amount due to banks in the reserve calculation.
OS
to
TABLE NO. 35.—Reserve computation of national banks at date of each report during year ended September 15, 1922—Continued.
OS
00
[In thousands of dollars.]
Dec. 31,1921.
Cities, States, and
Territories.
Net
amounts
due from
banks
not included in
reserve
calculation.1
COUNTRY BANKS.
Net
amount Amount
on which of reserve
reserve is required.
computed
Amount
of lawful
reserve
with
Federal
reserve
banks.
Percent
to net
amount
on
which
reserve
is computed.
4,189
2,881
1,889
16,678
2,689
9,496
7.81
7.92
7.58
7.44
7.38
7.37
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
Total New England
States
2,848
1,476
1,371
10,320
2,072
14,874
53,611
36,373
24,936
224,214
36,449
128,926
3,753
2,546
1,746
15,695
2,551
9,025
32,961
504,509
35,316
37,822
NewYork
New Jersey
Pennsylvania
D elaware
Maryland
Total Eastern States...
23,629
425,817
18,611
345, 899
50,028
663,915
803
11,435
2,374
43,372
95,445 1,490,438
29,807
24,213
46,474
801
104,331
32,692
26,427
50,506
1,034
3,176
113,835
Virginia
West Virginia
North Carolina
South Carolina
Georgia
.'
Florida
Alabama
Mississippi
Louisiana
,
Texas
Arkansas
Kentucky
Tennessee
Total Southern States.
6,758
5,964
5,909
4,224
3,943
4,929
6,115
2,131
2,511
22,490
3,024
9,326
4,590
81,914
8,928
6,823
5,408
2,861
2,661
2,991
3,622
2,046
2,795
14,715
2,623
6,018
3,238
64,729
10,384
127,541
97,478
77,260
40,874
38,021
42,727
51,741
29,221
39,923
210,219
37,477
85,966
46,260
924,708
May 5,1922.
Mar. 10,1922.
5,836
3,301
3,410
3,269
4,122
2,197
3,181
16,152
2,867
6,311
3,653
71,916
Net
amounts
due from
banks
not included in
reserve
calculation.1
Net
amount Amount
on which ofreserve
reserve is required.
computed.
Amount
of lawful
reserve
with
Federal
reserve
banks.
3,523
1,474
1,095
8,032
2,231
8,875
52,917*
36,193
24,034
224,989
37,168
122,677
3,704
2,534
1,682
15,749
2,602
8,587
4,237
2,862
1,744
16,029
2,802
7.50
25,230
497,978
34,858
36,662
7.68
7.64
7.61
9.04
7.32
7.64
427,810 29,947 32,121
23,678
333,527 23,347 24,088
14,246
50,408
660, 205 46,214 49,180
758
626
10,824
882
3,002
2,363
42,889
3,110
91,321 1,475, 255 103,268 109,381
8.14
7.42
7.55
8.08
8.97
7.65
7.97
7.52
7.96
7.68
7.65
7.47
7.90
7.78
6,265
6,727
5,504
2,832
3,493
8,350
6,411
2,943
2,081
27,811
2,943
9,342
5,789
90,491
121,461
96,743
78,107
37,623
36,294
49,402
50,001
30,339
40,816
214,639
35,239
85,033
47,047
922,744
8,502
6,772
5,467
2,634
2,541
3,458
3,500
2,124
2,857
15,025
2,467
5,952
3,293
64,592
9,376
6,708
5,345
2,939
2,850
3,743
3,709
2,262
3,050
16,097
2,666
6,320
3,513
68,578
Per cent
to net
amount
on
which
reserve
is computed.
Net
amounts
due from
banks
not included in
reserve
calculation.1
cent
Amount Per
to net
Net
of lawful amount
amount Amount reserve
on
on which ofreserve with
which
reserve is required Federal reserve
computed
reserve is combanks. puted.
8.01
7.91
7.26
7.12
7.54
7.33
3,822
1,535
1,152
8,997
2,845
10,447
54,699
34,953
23,433
233,917
36,787
128,718
3,829
2,447
1,640
16,374
2,575
9,010
4,165
2,717
1,734
17,506
2,739
9,224
7.3
28,798
512,507
35,875
7.61
7.77
7.40
7.48
7.45
7.17
38,085
7.43
441,559 30,909 32,540
7.51 26,641
336,049 23,524 24,978
7.22 16,172
664, 263 46,498 49,475
7.45 54,018
657
747
829
10,667
8.15
3,094
3,084
3,111
44,060
7.25
7.41 100,582 1,496,598 104,762 110,933
7.37
7.43
7.45
7.77
7.06
7.41
7.72
6.93
6.84
7.81
7.85
7.58
7.42
7.45
7.47
7.50
7.57
7.43
7.47
7.87
7.43
7.02
8.16
7.60
7.67
7.49
7.28
7.80
7.29
7.49
7.38
7.56
7.49
7.43
7,527
6,248
5,611
4,217
3,907
8,567
6,427
2,293
2,219
28,111
3,842
6,334
5,166
90,469
123,274
95,343
77,255
38,876
36,641
49,261
49,588
29,101
41,804
213,850
37,087
81,117
46,415
919,612
8,629
6,674
5,408
2,722
2,565
3,448
3,471
2,037
2,926
14,970
2,596
5,678
3, 249
9,704
7,086
5,420
3,172
2,786
3,780
3,716
2,117
3,262
15,593
2,778
5,990
3,507
64,373
68,911
Ohio
Indiana
Illinois
Michigan..
Wisconsin.
Minnesota.
Iowa
Missouri...
Total Middle Western
States
24,525
11,629
21,643
9,385
10,821
10,734
7,733
4,345
276,871
156,717
253, 056
101,058
107,981
132,310
122,815
43,344
19,381
10,970
17, 714
7,074
7,559
9,262
8,597
3,034
100,815
1,194,152
83,591
North Dakota.
South Dakota.
Nebraska
Kansas
Montana
Wyoming
Colorado
New Mexico
Oklahoma
20,900
12,081
18,952
7,742
7,769
9,742
9,422
3,281
286,051
147,543
269,754
107,647
118,059
134,991
134,154
43,396
20,024
10,328
18,883
7,535
8,264
9,449
9,391
3,038
21,146
11,190
20,491
8,039
8,577
9,960
10,285
3,231
7.39
7.58
7.60
7.47
7.27
7.38
7.67
7.45
7.1 113,184 1,241,595
7.55
7.71
7.49
7.66
7.20
7.36
7.67
7.57
15,538
62,768
525,231
36,766
40,201
7.65
62,770
526,663
39,743
7.55
7.78
7.46
7.33
8.02
8.53
7.31
7.31
6,332
5,915
15,453
3,117
413
970
2,328
50,461
45,168
208,549
32,573
4,692
8,377
17,011
3,532
3,162
14,598
2,280
329
586
1,191
3,825
3,431
15,855
2,637
377
651
1,222
7.58
7.60
7.60
8.10
8.03
7.77
7.18
6,173
6,221
13,316
3,161
556
1,329
3,293
53,995
48,533
203,135
33,411
4,689
8,714
18,502
3,780
3,397
14,220
2,339
328
610
1,295
4,110
3,758
15,284
2,432
382
634
1,467
7.61
7.74
7.52
7.28
8.15
7.28
7.93
7.48
34,528
366,831
25,678
27,998
7.63
34,049
370,979
25,969
28,067
7.57
284
1,473
2,703
221
405
2 655
2 1,431
44.47
52.94
52
181
1,496
2,231
224
335
2 493
2 733
32.95
32.86
284
4,176
3,727
559
21,226
32.90
53,331
7.47
5,842
4,590
16,291
4,119
i
716
! 1,158
i 2,107
49,681
44,822
223,234
34,526
5,325
8,939
16,413
3,478
3,137
15,626
2,417
373
626
1,149
3,864
3,343
16,366
2,769
454
653
1,199
Total Pacific States.... I 34,823
28,648
Total (nonmember
banks)
210
321
3,948
Total country banks... 399,610
5,018,701
351,625
1,216
42.78
47.72
21,815
45.97
,382,596
7.62
2
Total United States.... 470,035 11,141,891 1,056,976 1,145,074
7.59
7.10
7.66
7.64
7.34
7.66
7.50
7.98
7.56
43,376
47,865
54,885
93,808
44,167
33,451
57,710
23,785
127,616
,38,671
26,806
7.41
3,294
3,400
4,202
7,171
3,241
2,562
4,328
1,897
9,648
2,769
4,335
6,138
11,968
5,544
3,198
8,057
2,310
18,451
36,260
1,400
2,548
92,019
3,036
3,351
3,842
6,566
3,092
2,342
4,040
1,665
8,932
7.57
7.21
7.82
8.00
7.16
7.80
7.51
8.18
7.64
518,006
382,940
86,916
7.48
3,458
3,348
4,268
7,531
3,236
2,725
4,533
1,812
9,290
7.51
7.20
7.71
7.54
7.21
7.48
7.67
7.44
7.39
2
319
113,220 1,241,650
7.19
7.64
7.46
7.39
7.28
7.31
7.70
7.57
92,919
3,247
3,218
3,909
7,430
3,517
2,642
4,473
1,593
Alaska (nonmember banks.
Hawaii (nonmember banks).
19,789
12,249
20,230
7,877
8,761
9,727
10,165
3,221
3,197
3,252
3,823
6,593
3,164
2,445
4,225
1,550
8,517
3,028
3,129
3,552
6,901
3,414
2,472
4,083
1,499
8,182
I
19,271
11,225
18,995
7,466
8,430
9,312
9,238
2,979
86,912
43,264
44,693
50, 744
98,586
48,776
35,312
58,331
21,416
116,884
Total Western States..
275,305
160,350
271,360
106,657
120,422
133,030
131,963
42,563
23,591
13,979
28, 755
10,177
12,818
10,330
9,474
4,096
45,668
46,454
54,617
94,193
45,200
34,931
60>351
22,149
121,668
2,364
3,275
4,735
12,427
6,293
3,913
6,942
1,045
12,337
Washington
Oregon
California
Idaho
Utah
Nevada
Arizona
25,375
10,135
27,676
10, 257
14,162
10,737
10,572
4,270
4,867
3,729
6,600
11,211
5,840
4,070
9,483
1,430
417,806 5,033,810
352,700 377,825
10.28 488,131 11,271,100 1,069,1261,126,793
49.95
233
7.51
430,121
9.91
500,542 11,471,231 1,090,2151,152, 111
5,071,736 355,320 378,984
7.47
10.04
i This amount represents the net amount due from banks as shown by the reports of those banks whose balances due from exceed the balances due to banks and must be
deducted from the amount in the second column in order to prove the apparent amount of liabilities upon which reserve is required, as shown by the individual items of
resources and liabilities shown elsewhere in this report. Certified checks and cashiers' checks are now included with amount due to banks in the reserve calculation.
2 The cash in vault (exclusive of national-bank notes) and due from approved reserve agents.
CO
TABLE NO. 35.—Reserve computation of national banks at date of each report during year ended September 15,192%—Continued.
[In thousands of dollars. J
Sept. 15, 1922.
June GO, 1922.
Cities, States, and Territories.
New York.
Chicago
St. Louis...
Central reserve cities.
Net
amounts
due from
banks
not included in
reserve
calculation.!
Amount
of lawful
reserve
with
Federal
reserve
banks.
Per cent
to net
amount
on which
reserve
is computed.
Net
amounts
due from
banks
not included in
reserve
calculation, i
Amount
of lawful
reserve
with
Federal
reserve
banks.
Per cent
to net
amount
on which
reserve
is computed.
Net
amount
on which
reserve is
computed.
Amount
of reserve
required.
9,881
61
2,460,562
603,528
319,873
78,459
388,065
74,885
12.76
9,942
3,064,090
398,332
462,950
15.11
10.01
9.88
7.99
8.93
11.40
10.26
10.29
11.41
10.03
11.48
8.84
12.63
10.25
9.27
9.03
9.70
9.82
11.74
9.63
11.52
11.13
10.13
9.18
10.18
12.26
10.58
1,6
366,656
51,956
37,263
40,854
457,165
255,693
91,538
71,324
47,024
8,326
41,901
434
22,896
17 807
28,142
61,668
15,134
30,566
5,084
58,614
24,587
9,899
3,638
43,529
36,666
5,196
3,726
4,085
45,717
25,569
9,154
7,133
4,702
833
4,190
43
2,290
1,781
2,814
6,167
1,513
3,057
508
5,861
2,459
990
364
4,353
36,932
4,740
4,219
3,573
47,859
24,892
9,612
7,208
4,241
794
4,222
54
2,285
1,663
2,542
6,069
1,498
3,521
471
7,253
2,515
945
350
4,074
10.07
9.12
11.32
a. 75
10.47
9.74
10.50
10.11
9.02
9.54
1Q.08
12.46
9.98
9.34
9.03
9.84
9.90
11.52
9.27
12.37
10.23
9.55
9.87
9,36
9,i56
Hi
388
Net
amount
on which
reserve is
computed.
Amount
of reserve
required.
13,811
34
1,691
2,539,441
575,183
148,334
330,127
74,774
19,284
318,219
83,317
14,881
12.53
14.49
10.03
15,536
3,262,968
424,185
416,417
1,688
3,428
296
1,544
6,558
970
2,113
2,610
394
402
2,342
40
362,212
53,641
34,835
43,492
443,031
242,745
95,684
66,580
51,979
7,578
40,354
427
23,618
16,399
27,839
60,614
14,895
29,003
4,423
55,272
22,091
9,387
36,221
5,364
3,484
4,349
44,303
24,275
9,568
6,658
5,198
758
4,035
43
2,362
1,640
2,784
6,061
1,490
2,900
36,250
5,298
2,785
3,883
50,520
24,897
9,842
7,594
5,213
870
3,566
54
2,420
1,520
2,516
5,877
1,463
3,405
426
6,366
2,459
951
317
4,446
1,507
1,003
15.77
12,41
, ' : - . ; • ' .
Boston
Albany
Brooklyn and Bronx.
Buffalo
Philadelphia
Pittsburgh
Baltimore,
Washington
Richmond
Charleston
Atlanta.
Savannah
Jacksonville
Birtningham
New Orleans.»
Dallas
ElPaso......
Fort Worth
Galveston
Houston
Saa Antonio
Littlaftook...
Louisville
Chattanooga 3.
Memphis
1,809
2,809
467
1,377
212
1,671
627
1,076
121
3,455
43,691
12,292
9,482
442
5,527
2,209
939
346
4,369
1,229
948
274
1,312
7,222
1,166
952
2,957
113
296
1,647
19
581
2,597
1,341
633
2,422
94
523
2,623
987
330
Nashville
Cincinnati
Cleveland
Columbus
Toledo
Indianapolis
Chicago
Peoria
Detroit
Grand Rapids
Milwaukee
Minneapolis.
St. Paul.
Cedar Eapids
i)es Moines
3?ubuque
Sioux City
Kansas City, Mo...
St. Joseph
St. Louis*
Lincoln
Omaha
Kansas City, Kans.
Topeka
Wichita
Helena
Denver
Pueblo
Muskogee
Oklahoma City
Tulsa
Seattle
Spokane
Tacoma
Portland
Los Angeles
Oakland
San Francisco
Ogden
Salt Lake City
25,983
77,257
38,510
53,607
21,306
50,815
25,290
14,305
109,095
13,865
62,102
91,032
60,433
11,024
21,550
3,936
17,972
92,353
13,523
2,598
7,726
3,851
5,360
2,131
5,081
2,529
1,431
10,909
1,387
6,210
9,103
6,044
1,102
2,155
394
1,797
9,235
1,353
2,253
7,746
3,754
5,519
2,508
4,438
2,570
1,452
10,718
1,619
6,320
9,075
6,664
1,370
2,345
425
1,759
10,130
1,418
8.67
10.03
9.75
10.30
11.77
8.73
10.16
10.15
9.82
11.68
10.18
9.97
11.03
12.43
10.88
10.80
9.79
10.96
10.49
7,208
408
587
13,095
68,312
5,897
8,029
18,509
3,082
61,746
7,450
8,588
33,551
47,885
66,670
18,307
10,232
47,953
112,969
19,117
207,220
4,697
15,230
1,309
6,831
590
803
1,851
308
6,175
745
859
3,355
4,788
6,667
1,831
1,023
4,795
11,297
1,912
20,722
470
1,523
1,359
6,645
751
835
1,860
411
6,113
749
949
3,523
4,905
7,341
1,888
1,082
4,632
11,795
2,017
19,590
491
1,501
10.38
9.73
12.74
10.40
10.05
13.34
9.90
10.06
11.05
10.50
10.24
11.01
10.31
10.57
9.66
10.44
10.55
9.45
10.45
9.86
All other reserve cities..
85,609
3,357,516
335,752
345,968
10.30
99,026
Total all reserve cities.
101,145
6,620,474
759,937
762,385
11.52
108,968
510
885
502
1,975
1,281
313
2,791
494
7,210
527
760
101
1,432
122
1,313
69
3,626
274
2,112
10,301
3,508
328
1,427
463
1,054
727
982
1,090
2,178
1,566
2,317
13
15,285
1,025
570
156
187
127
27£
206
440
1,347
1,348
22
800
200
5,462
29
174
2,634
12,027
5,042
649
1,026
1,125
1,831
151
6,092
754
2,502
7,830
4,357
5,446
2,376
5,013
2,703
1,403
12,213
1,613
6,683
10,119
6,189
1,087
2,207
381
1,815
9,535
1,419
16,247
1,381
7,212
568
829
1,824
376
7,065
711
845
3,108
5,175
6,719
1,758
1,036
4,812
12,119
1,969
22,293
475
1,510
2,775
7,835
3,973
5,949
2,672
3,891
2,754
1,498
13,828
1,710
6,906
5,607
7,078
1,110
2,546
392
1,699
8,453
1,624
13,059
1,344
7,623
567
908
1,674
410
7,388
739
1,070
2,736
5,000
7,020
1,929
1,077
4,946
12,503
2,068
25,300
457
1,626
3,630,096
363,010
364,168
10.03
6,694; 186
761,342
827,118
12.36
25,023
78,301
43,566
54,457
23,761
50,129
27,031
14,028
122,134
16,133
66,826
101,190
61,895
10,869
22,073
3,810
18,147
95,350
14,192
162,472
13,814
72,122
5,683
8,288
18,242
3,760
70,646
7,109
8,446
31,078
51,754
67,189
17,582
10,362
48,120
121,186
19,689
222,928
4,754
15,103
11.09
10.01
9.12
10.92
11.25
7.76
10.19
10.68
11.32
10.60
10.33
5.54
11.44
10.21
11.53
10.29
9.36
8.87
11.44
8.04
9.73
10.57
9.98
10.96
9.18
10.90
10.46
10.40
12.67
8.80
9.66
10.45
10.97
10.39
10.28
10.32
10.50
11.35
9.61
10.77
1 This amount represents the net amount due from banks as shown by the reports of those banks whose balances due from exceed the balances due to banks and must be deducted
from the amount in the second column in order to prove the apparent amount of liabilities upon which reserve is required, as shown by the individual items of resources and liabilities 2shown elsewhere in this report. Certified checks and cashiers' checks are now included with amount due to banks in the reserve calculation.
8 St. Louis terminated as a central reserve city and designated a reserve city effective July 1,1922.
Chattanooga terminated as a reserve city, effective Aug. 1,1922.
to
bo
-a
TABLE NO. 35.—Reserve computation of national banks at date of each report during year ended September 15, 1922—Continued.
to
[In thousands of dollars.]
Sept. 15, 192S
Jrune 30, 1922
Cities, States, and Territories.
Net
amounts
due from
banks
not included in
reserve
calculation.!
Net •
amount
Amount
on which of reserve
reserve is required.
computed.
Amount
of lawful
reserve
with
Federal
reserve
banks.
Per cent
to net
amount
on which
reserve
is computed.
Net
amounts
due from
banks
not included in
reserve
calculation.1
Net
amount
on which
reserve is
computed.
Amount
of reserve
required.
Amount
of lawful
reserve
with
Federal
reserve
banks.
4,583
2,731
1,810
12,114
2,917
11,388
58,870
39,283
25,978
250,860
38,465
137,531
4,121
2,750
1,818
17,560
2,693
9,627
4,533
3,175
1,885
18,845
2,813
10,832
7.70
8.08
7.26
7.51
7.31
7.88
COUNTRY BANKS.
3,144
1,400
1,164
9,828
1,958
9,700
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
TotaftsTew 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
.
.
Total Southern States
56,756
35,688
24,440
238,417
36,025
130,496
3,973
2,498
1,711
16,689
2,522
9,135
4,256
2,840
1,948
17,919
2,727
9,303
7.50
7.95
7.97
7.52
7.57
7.13
Per cent
to net
amount
on which
reserve
is computed.
27,194
521,822
36,528
38,993
7.47
35,543
550,987
38,569
42,083
7.64
25,559
17,032
58,007
1,217
2,646
449,992
359 154
673,147
11,644
43,393
31,499
25,141
47,120
815
3,038
34,500
26,596
49,310
999
3,196
7.67
7.41
7.33
8.58
7.37
33,733
21,439
56,273
692
3,610
480,385
383,276
672,992
10,798
45,747
33,627
26,829
47,110
756
3,202
37,388
27,789
50,683
820
3,325
104,461
1,537,330
107,613
114,601
7.45
115,747
1,593,198
111,524
120,005
7.78
7.25
7.53
7.59
7.27
7.53
7,242
6,096
7,389
4,143
4,608
6,693
5,838
2,395
2,933
28,450
5,020
7,532
5,637
127,826
95,247
82,506
40,698
38,340
46,084
49,672
30,945
42,383
217,149
38,430
83,907
47,910
8,948
6,667
5,775
2,849
2,684
3,226
3,477
2,166
2,967
15,200
2,690
5,874
3,354
10,366
6,816
6,543
3,553
2,948
3,645
3,818
2,277
3,214
16,350
2,924
6,245
3,639
8.11
7.16
7.93
8.73
7.69
7.91
7.69
7.36
7.58
7.53
7.61
7.44
7.60
7,936
7,351
7,456
4,989
5,042
4,210
7,479
2,498
2,026
37,655
5,140
7,139
5,831
129,253
97,306
87,903
41,265
40,660
42,338
55,178
31,560
42,004
243,486
39,239
82,912
63,198
9,048
6,811
6,153
2,890
2,846
2,964
3,861
2,209
2,940
17,044
2,747
5,804
4,424
9,892
7,431
6,525
3,256
3,111
3,065
4,364
2,564
3,270
18,853
3,236
5,951
5,527
7.65
7.64
7.42
7.89
7.65
7.24
7.91
8.12
7.79
7.74
8.25
7.18
8.75
93,976
941,097
65,877
72,338
7.69
104,752
996,302
69,741
77,045
7.73
7.67
7.54
7.54
7.47
7.31
7.26
7.34
27 170
12,720
24 169
10,263
10,766
13 716
10,229
4,578
286, ,535
164,657
271,514
108,860
121,007
147 030
130,315
43,852
20,057
11,526
19,006
7,620
8,471
10 292
9,122
3,070
20,822
12,350
20 101
8,074
8,783
10 872
9,792
3,325
7.27
7.50
7.40
7.42
7.26
7.39
7.51
7.58
28,947
13,130
24 442
12,100
11,944
11 540
10,682
5,262
297,928
167,423
272,113
112,478
119,849
140,574
132,456
46,177
20,855
11,720
19,048
7,874
8,389
9,840
9,272
3,232
22,838
12,631
20,518
8,399
8,759
10,205
9,719
3,556
113,611
1,273,770
89,164
94,119
7.39
118,047
1,288,998
90,230
96,625
2,412
3 455
7.005
13', 890
4,728
2.903
7,534
1,371
22,899
42,332
47,469
55,993
100,671
42,238
33,580
56,654
24,147
139,278
2,963
3,323
3,919
7,047
2,957
2,351
3,966
1,690
9,749
3,227
3,544
4,308
7,340
3,194
2,547
4,325
1,790
10,489
7.62
7.47
7.69
7.29
7.56
7.59
7.63
7.41
7.53
3,368
3,450
6,196
14,824
5,783
2,960
9,802
1,556
23,129
45,213
48,467
55,306
102,471
43,117
33,108
61,226
23,226
141,004
3,165
3,393
3,871
7,173
3,018
2,318
4,286
1,626
9,870
3,259
3,521
4,297
7,993
3,013
2 516
4,735
1,614
10,622
66,197
542,362
37,965
40,764
7.52
71,068
553,138
38,720
41,570
7.52
O
5,360
4.677
3,820
3,331
14,443
2,457
301
635
1,273
4,217
3 653
15,403
2,636
356
693
1,447
7.73
7.68
7.47
7.51
8.27
7.64
7.96
6,105
6 215
15,223
3,721
296
1,055
2,284
56,026
51,045
198,779
34,108
4,096
9,170
16,737
3,922
3,573
13,914
2,387
287
642
1,172
4,291
3,922
14,863
2,505
321
663
1,093
7.66
7.68
7.48
7.34
7.84
7.23
hj
H
W
2
Ej
C
2,814
54,568
47,585
206,330
35,094
4,305
9.072
18,188
6.53
gj
33,444
375,142
26,260
28,405
7.57
34,899
369,961
25,897
27,658
7.48
O
Alaska (nonmember b a n k s ) . . . .
Hawaii (nonmember banks)
5
257
1,575
2,972
236
446
2 417
2 811
26.48
27.29
10
369
1,779
2,675
267
401
4 695
4 918
39.07
34.31
HJ
Total (nonmember banks)
262
4,547
682
],228
27.01
379
4,454
668
4 1,613
23.76
K
Total country banks
439,145
5,196,070
364,089
390,448
7.51
480,435
5,357,038
375,349
406,599
7.59
^
Total United States
540,290
11,816,544
1,124,026
1,152,833
9.76
589,403
12,051,224
1,136,691
1,233,717
10.24
g
Ohio
Indiana..
Illinois
Michigan
Wisconsin...
Minnesota
Iowa
Missouri
Total Middie Western States. .
North Dakota
South Dakota
Nebraska..
Kansas .
Montana
Wyoming
Colorado
New Mexico
Oklahoma
....
.
i
j
Total Western States
Washington
Oregon..
California . .
Idaho
Utah.. .
Nevada.. .
Arizona
. . . .
Total Pacific States
.
I
14.827
....
1
1.357
4,039
370
2
7.70
7.50
7.21
7.27
7.77
7.80
6.99
7.60
7.74
6.95
7.53
1
This amount represents the net amount due from banks as shown by t h e reports of those banks whose balances due from exceed the balances due to banks and must be
deducted from the amount in the second column in order to prove the apparent amount of liabilities upon which reserve is required, as shown by the individual items of lesources
and 2liabilities shown elsewhere in this report. Certified checks and cashiers' checks are now included with amount due to banks in the reserve calculation.
The cash in vault (exclusive of national-bank notes) and due from approved reserve agents.
g
§
S
^
O
Hj
H
M'1
K
n
^
Cl
JN.
to
CO
274
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 36.—Aggregate resources and liabilities of national banks from January,
1914, to October, 19U.
[For prior years see annual report 1920.]
1914.
JAN.
Resources.
13.
7,493 banks.
MAR.
4.
7,493 banks.
JUNE 30.
SEPT. 12.
7,525 banks.
7,538 banks.
$6,175,404,961.53 $6,357,535,898.41 $6,430,069,214.47 $6,400,767,386.01
Loans and discounts
21,335,628.89
15,485,641.14
21,838,399. 48
Overdrafts
17,142,637.10
733,564,382.00
734,897,425.81
736,600,910.00
U. S. bonds to secure circulation.
Miscellaneous securities to se736,685,849.72
cure circulation
United States bonds to secure
392,663,116.72
50,285,032.00
48,405,573.20
50,342,980.00
United States deposits l
Other bonds to secure United
48,311,495.63
59,332,288. 52
67, 878,130.32
56,781,241.53
States deposits
72,372,019.72
5,476,718.00
5,112,910.00
United States bonds on h a n d . .
2 11,955,29a 58
6,423,780.87
Premiums on United States
4,058,150.56
3,921,759.63
4,859,610. 88
5,071,681.95
bonds
941,723,232.07
1,020,494,711.08 1,027,326,660.58 1,015,981,897.19
Bonds, securities, etc
3
42,809,011.19
42,032,851.94
Stocks
Banking house, furniture, and
268,042,022.88
256,995,908.53
257.520,014.18
269,66L 511.46
fixtures
39,042,865.78
40,787,222.13
32,625,254.39
33,981,161. 55
Other real estate owned
Due from national banks (not
421,754,572.17
482,036,437. 64
513,728,136.83
410,376,729.94
reserve agents)
Due from State banks and
191,921,682.48
230.776,241.19
191,968,078.31
251,113,818.01
bankers
Due from approved reserve
881,702,559.68
802,786,844.06
777,498,700.76
673,958,901.01
agents
40,184,406. 94
37,244,268.10
48, 559,951.65
34,204,681.42
Checks and other cash i t e m s . . .
282,343,800.66
263,295, 798.41
309,321,303.07
118,588,403.08
Exchanges for clearing house...
48,177,045. 00
73,546,639.00
51, 797,179. 00
49,659,728.00
Bills of other national b a n k s . . .
3,591,586.83
3,964,617.42
3,828,925.17
3,959,837.04
Frac. currency, nickels, and cts.
792,694,095.14
791,584,566.61
780,490,209. 56
746,198,917.43
Specie
201,429,211. 00
177,490,396.00
157,508,431.00
Legal-tender notes
175,373,021.00
35,371,589.64
35,509,539.22
Five per cent redemption fund.
35,402,097.42
44,323,990.14
Due from Treasurer United
7,533,063.14
3,952,273.52
States
.14,464,098.96
8,933,843.97
52,81 §,000.00
Clearing house loan certificate..
11* 296, 355., 138. 70 11,564,497,260.26 11,482,190,770.60 11,483,529,494. 68
Total
OCT.
Resources.
Loans and discounts.
Overdrafts
United States bonds to secure circulation
Miscellaneous securities to secure circulation
United States bonds to secure United States deposits.
Other bonds to secure United States deposits
United States bonds on hand
Premiums on United States bonds
Bonds, securities, etc
Other bonds, securities, etc
Stocks.
Banking house, furniture and fixtures
Other real estate owned
Due from national banks (not reserve agents)
Due from State banks and bankers
Due from Federal reserve bank
Due from approved reserve agents.
Due from banks and bankers
Checks on banks in same place
Exchanges for clearing house
Outside checks, cash items, etc
Checks and other cash items
Bills of other national banks
Fractional currency, nickels, and cents
Federal-reserve notes
Specie
Legal-tender notes
Five per cent redemption fund
Due from Treasurer United States
Redemption fund and due from Treasurer United States.
Clearing-house loan certificate
Amount paid on account of $100,000,000 gold fund
Total
1
31.
7,571 banks.
31.
$6,316,478,470.67
18,797,351.32
739,586,391.26
504,514,045.49
47,873,491.40
69,365, 717.26
4,549,007.26
3,661,325.74
905,277,164.35
$6,347,636,510.27
15,798,224.76
739,160,346.66
209,400,603.20
47,830, 427.39
72,885,060.35
5,003,963.63
3,084,194.96
988,157,510. 40
50,804,335.13
268,509, 856.77
42,313,332. 01
392,847,274.13
174,235, 702.92
61,394,185.49
271,464,956.07
43,258,037.97
634,166,049.02
150,112,100. 24
42,947,630.06
87,382,691.00
3,575,689.54
261,459,775.05
583,664,900.21
575,324,679.14
31,781,266.03
262,433,419.95
33,867,431.58
69,466,353.00
753,252,764.40
172,300,611.00
52,349,623.24
5,377,379.92
2,013,685. 00
534,857,113.00
128,370,974.00
43,752,166.74
12,616,157.05
35,654,000. 00
16,520,718.25
11,492,452,722.3«
12,404,075.77
11,357,086,017.67
Includes D. C. and island possession bonds.
»Includes $5,310,500 U . S . bonds loaned by New York City banks.
* Includes $899,668 erroneously shown on face of banks' reports as bonds, etc.
DEC.
7,581 banks.
275
REPOBT OF THE COMPTEOIiEE OF THE CURRENCY.
TABLE N O . 36.—Aggregate resources and liabilities of national banks from January,
1.914., to October, 1922—Continued.
1914.
JAN.
13.
MAR.
4.
JUNE 30.
SEPT. 12.
7,525 banks.
7,538 banks.
Liabilities.
7,493 banks.
7,493 banks.
$1,057,676,054.00 $1,056,482,120.00 $1,058,192,335.00 $1,060.332,072. 50
Capital stock paid i n
Surplus fund
732,442,759.67
731,273,096.28
723,338,266.50
724,138,519.46
Undivided profits, less ex259,664,337.83
penses and taxes
268,184,165.18
272,703,334.17
287,343,679.28
National-bank notes outstand725,326,161. 50
ing
720,640,334.00
722,554,719.00
918,270,315.50
27,698.00
State-banknotes outstanding..
27,698.00
27,693.00
27,693.00
1,061,260,991.82 1,201,467,775.86 1,017,820,892,71
Due to other national banks
904,331,571.01
Due to State banks and bankers ..-.
561,006,715.14
607,331,628.52
515,742,709.18
521,901,865.51
Due to trust companies and
savings banks
...
'
619,704,372.92
544,604,116.11
609,678,412.65
483,794,109.17
Due to approved reserve agents.
43,630,770.30
43,937,637.70
42,660,616.15
39,871,080.85
Dividends unpaid
4,264,129.89
1,337,166.00
18,660,220.51
1,250,322.87
Individual deposits
6,072,064,752.60 6,111,328,457.16 6,268,692,429.72
6,139,081,279.77
United States deposits
76,815,818.69
58,609,788.39
66,654,582.55
69,712,446.13
Postal-savings deposits
22,243,089.21
23,841,062.65
23,568,198.75
27,626,325.06
Deposits of United States disbursing officers
7,482,388.89
7,773,084.9-8
Bonds borrowed
46,673,867.97
47,123,180.09
United States bonds borrowed.
34,461,340.00
34,407,245.99
Other bonds borrowed
9,025,690.49
53,862,878.42
Notes and bills rediscounted...
11,701,475.41
8,772,534.57
13,436,527.21
25,981,950.00
Bills payable
60,905,190.66
45,372,735.52
77,775,401. 26
124,089,118.73
6,155,905.52
4,701,635.23
Reserved for taxes
7,926,918.00
8,284,933.48
Clearing-ihouse loan certificates
(net balance)
52,779,000.00
Liabilities other than those
above stated
2,408,915.49
2,342,482.12
3,516,788.84
6,443,087.95
Total.
11,296,355,138.70 11,564,497,260.26 11,482,190,770.60
OCT.
31.
11,483,529,494.68
DEC.
31.
Liabilities.
7,571 banks.
Capital stock paid in
Surplus fund
,
„
Undivided profits, less expenses and taxes...
National-bank notes outstanding
State-bank notes outstanding
Due to other national banks
Due to State banks and bankers
Due to trust companies and savings banks
Due to Federal reserve bank
Due to approved reserve agents
Due to banks and bankers
Dividends unpaid
[ndividual deposits United States deposits.
Postal-savings deposits
Demand deposits
Time deposits.
United States bonds borrowed
)ther bonds borrowed
Securities borrowed
STotes and Mils rediscounted
Sills payable
...
Reserved for taxes
-....
Clearing-house loan certificates (net balance).
setters of credit
Vcceptanees based on imports and exports...
liabilities other than those above stated
Total.
$1,063,162,597.50
724,947,101.26
293,261,154.09
1,018,193,636.50
7,581 banks.
$1,065,951,505.00
726,935,755.25
281,924,667.96
848,806,773.50
27,693.00
838,651,946.54
517,062,823.64
498,490,484.64
37,523,774.92
4,342,374.67
6,078,894,617.69
69,744,237.53
31,232,267.75
34,250,290.00
54,126,345.87
3,085,024.40
26,562,259.66
136,055,212. 70
9,642,443.73
49,911,000.00
48,932.32
29,306,505.17
1,840,416,214 68
20,334,471.83
5,175,140,032.45
1,171,222,217.91
34,586,272.43
26,308,909.94
774,066.75
35,586,864.95
96,855,492. 53
3,285,436.29
2,887,335.00
11,492,452,722.38
11,357,086,017.67
TABLE NO. 36.—Aggregate resources and liabilities of national banks from January, 1914, to October, 1922—Continued.
to
1915.
In thousands of dollars.
Mar. 4,
7,599 banks.
Mayl,
7,604 banks.
June 23,
7.605 banks.
Sept. 2,
7,613 banks.
$6,499,964,605.26
7,046,534.16
733,138,268.64
$6,643,887,951.95
5,904,374.54
$6,659,971,463.44
5,173,586.07
$6,756,680,004.10
5,060,626.77
7,233,929
7,211
7,357,732
6,709
783,994,426.03
783,453,730.42
781,726,220.41
777,765
774,639
Nov. 10,
7,617 banks.
Dec. 31,
7,607 banks.
w
w
ha
o
RESOURCES.
Loans and discounts...
Overdrafts..
United States bonds to secure circulation
Total United States bonds
Miscellaneous securities to secure circulation
United States bonds to secure United States deposits
Other bonds to secure United States deposits. United States bonds on hand
Premiums on United States bonds
Bonds, securities, etc
Other bonds, securities, etc ..
Stocks . .
.
.
Stocks other than Federal reserve bank stock
Stock of Federal reserve bank
Banking house, furniture and fixtures
Furniture and fixtures
Other real estate o w n e d . . . .
Due from Federal reserve bank
Due from approved reserve agents
Due from banks and bankers .
Checks on banks in same place
Exchanges for clearing house
Outside checks, cash items, etc
Bills of other national b a n k s . . . .
Federal-reserve notes...
Specie
Legal-tender notes
Five per cent redemption fund
Due from Treasurer United States
Redemption fund and due from Treasurer United States.
Bonds loaned
Customer's liability under letters of credit
Customer's liability account of acceptance
Other assets
Total
:
44,160,285.13
41,829,758.30
78,887,896.00
3,670,569.76
2,555,314.22
1,056,388,707.62
o
o
77,463,940.79
1,158,108,945.79
85,762,039.33
1,191,127,717.22
93,787,521.06
1,219,214,503. 87
92,594,892.32
272,436,174.50
269,417,032.84
277,804,754.22
278,392,205.47
43,772,597.11
290,678,432.15
747,156,893.66
598,816,796.92
18,361,862.09
194,977,980.69
22,566,644.58
60,961,750.00
3,698,200.00
591,852,399.40
127,091,112.00
36,500,616.60
7,686,564.99
49,487,321.08
290,412,690.11
748,541,471.73
565,792,955.73
41,948,205.55
335,128,239.93
30,242,625.09
50,747,743.00
3,652,635.00
607,249,414.29
127,999,550.00
43,971,595.32
312,657,647.43
737,894,995.04
538,425,712. 84
16,409,445.98
213,005,965.71
20,870,932.37
61,557,498.00
6,418,130.00
678,540,967.99
111,240,250.00
44,077,373.12
43,373,243.77
5,182,100.00
11,566,846,004.57
1,343,822
1,375,149
39,273
53,518
40,036
53,689
43,953,871.52
315,409,198.79
811,379,518.47
597,832,441.62
21,792,640.67
287,289,183.13
23,003,077.40
57,618,958.00
6,779,935.00
719,843,506.62
122,765,379.00
249,288
31,808
44,113
366,185
895,830
707,394
23,189
347,418
33,585
62,446
11,160
731,797
114,978
251,551
31,424
45,122
403,985
834,392
698,921
38,588
449,828
43,809
63,933
10,669
689,762
118,117
41,392,715.64
42,535
45,939
74,195
.37,435
7,457
86,212
39,764
7,917
13,236,331
13,467,887
52,321,053.57
16,461,341.58.
15,579,155.05
11,842,354,995.11
11,795,685,156.88
12,267,090,429.00
I
o
o
O
o
LIABILITIES.
Capital stock paid in
Surplus fund
Undivided profits, less expenses and taxes
National-bank notes outstanding
State-bank notes outstanding
Due to Federal reserve bank
Due to approved reserve agents
Due to banks and bankers
Dividends unpaid
Demand deposits
Time deposits
United States bonds borrowed
Other bonds borrowed
Securities borrowed
Notes and bills rediscounted
Bills payable
Letters of credit
Acceptances based on imports and exports
Liabilities other than those above stated
Total..
1, 066,589,307.50
724,307,901.61
288,682,310.67
746,517,138.75
1,085,891,977.50
719,329,463.39
293,683,959.21
727,793,361.50
1,068,519,105.00
7221089,210.17
314,755,321.77
722,703,856.50
6,345.35
7,090,458.56
236,647,932.10
1,332,887.56
149,701,825.27
199,188,335.32
33,602,940.00
11,549,476.41
317,943.54
38,534,087.67
57,126,299.62
8,093.56
6,415,996.67
2,220,110,108.38
3,932,185.98
5,407,211,478.11
1,254,369,875.46
33,536,806.11
8,132,515.48
78,049.49
37,568,342.27
52,965,176.96
500.36
6,289,592.84
2,201,716,024.16
1,953,817.90
5,325,853,421.84
1,285,428,400.06
33,336,164.20
8,436,963.18
98,556.99
39,918,987.31
58,200,677.00
5,650,814.64
11,327,605.04
11,566,846,004.57
11,842,354,995.11
6,384,557.60
1,068,863,507.70
722,577,738.63
300,018,297.47
718,496,591.50
22,860.00
39,855.20
6,407,832.20
2,459,607,984.33
1,277,906.28
5,426,610,208.84
1,335,572,505.70
33,822,390.00
5,997,557.42
84,983.65
45,550,405.57
60,169,307.64
55,137,152.61
13,077,388.22
13,755,956.04
7,287
2,702,366
1,624
6,070,219
1,375,956
32,151
4,999
76
42,888
60,567
75,471
26,808
13,647
11,795,685,156.88
12,267,090,429.00
13,236,331
1,068,649
722,877
317,236
713,467
1,068,049
725,554
294,267
713,314
23
8
11,256
2,727,168
22,695
6,223,842
1,417,417
31,775
4,735
73
42,530
55,886
w
31,985
9,451
13,467,887
g
o
o
l
278
REPORT OF THE COMPTROLLER OF THE CURRENCY,
TABLE N O . 36.—Aggregate resources and liabilities of national banks from January,
1914, to October, 1922—Continued.
1916.
[In thousands of dollars.]
Mar. 7,
1916—
7,586
banks.
Mayl,
1916—
7,578
banks.
J u n e 30,
1916—
7,579
banks.
Sept. 12,
1916—
7,589
banks.
Nov. 17,
1916—
7,584
banks.
Dec. 27,
1916—
7,584
banks.
KESOURCES.
Loans and discountsx
Overdrafts
Customers'liability under leters of credit...
Customers'liability account of acceptances.
United States bonds.
Other bonds, securities, etc
Stocks other than Federal reserve bank
stock
Stock of Federal reserve bank
Banking house
Furniture and fixtures
Other real estate owned
Due from approved reserve agents
Duef rom banks and bankers
Exchanges for clearing house
Other checks on banksi n the same place..
Outside checks and other cash items
Notes of other national banks
Federal reserve bank notes
Federal reserve notes
Coin and certificates
Legal-tender notes
Due from Federal reserve banks
Redemption fund and due from United
States Treasurer
Other assets
Total..
7,490,011 7,606,428 7,679,167 7,859,837 18,345,784 8,340,626
6,994
7,839
9,317
5,493
6,168
10,403
77,512
29,001
102,386
100,326
83,761
32,443
77,879
101,581
43,829
59,072
66,034
98,192
729,777
724,473
753,913
738,830
731,205
716,960
1,464,787 1,525,567 1,527,832 1,624,627 1,709,956 1,725,347
39,979
53,628
252,982
31,505
47,320
1,022,642
772,979
319,430
22,874
30,019
61,908
40,075
53,701
255,378
31,800
47,787
954,822
766,200
596,895
42,435
45,972
59,196
39,272
53,651
255,977
31,654
47,736
843,390
694,926
444,033
36,007
41,884
54,120
8,940
708,780
124,833
431,195
2 9,077
663,565
113,890
428,191
2 7,480
640,479
117,524
476,103
41,730
7,518
40,850
8,544
43,851
4,614
39,366
37,838
53,923
54,126
259,427
261,464
32,068
31,908
48,221
47,627
936,339 1,035,107
983,659
780,600
516,705
392,684
28,292
25,570
37,233
32,817
56,003
62,238
1,377
1,634
12,549
13,190
686,848
663,022
101,496
105,101
649,171
531,028
42,346
15,246
43,024
14,912
39,144
54,112
262,489
32,392
48,064
945,812
898,890
402,591
28,386
38,550
77,049
2,083
16,623
677,099
108,847
707,497
48,301
21,652
13,838,681 14,195,59513,926,88814,411,53715,520,20515,333,552
LIABILITIES.
Capital stock paid in
Surplus fund
Undivided profits, less expenses and taxes
paid
Amount reserved for taxes accrued
Amount reserved for alii nterest accrued...
National-bank notes outstanding
Dueto Federal reserve bank
Due t o approved reserve agents
Dueto banks and bankers
Dividends unpaid
Demand deposits
Time deposits
United States bonds borrowed
Other bonds borrowed
Securities borrowed
Notes and bills rediscounted
Bills payable,including obligations representing money borrowed.
Bills payable, other than with Federal reserve bank
Bills payable, with Federal reserve bank..
State bank circulation outstanding
Letters of credit
and traveler's checks outstanding 3
Acceptances4
Liabilities other than those above stated..
1,067,289 1,067,481 1,066,049 1,067,565 1,071,116 1,070,793
'724,664
724,697
731,409
731,389
739,336
744,653
306,614
317,473
305,850
695,835
682,245
676,116
11
2
7,842
9,383
10,184
3,066,233 2,985,959 2,702,756
1,300
3,960
21,099
6,221,226 6,549,583 6,473,361
1,495,153 1,586,435 1,669,687
27,538
27,948
27,053
4,437
4,133
4,856
115
178
180
31,083
31,489
33,286
317,050
332,458
343,139
9,274
9,556
9,453
7,568
9,424
9,586
674,115
665,259
666,409
17
3
5
7,134
9,124
12,686
2,908,512 3,339,628 3,248,929
1,029
1,390
2,184
6,708,883 7,322,688 7,148,302
1,736,766 1,816,446 1,854,740
26,359
26,588
25,985
4,513
3,984
5,070
322
145
458
30,873
32,231
35,332
38,499
23
23
23
23
24,539
578
23
27,008
8,123
23
105,171
42,677
10,597
102,653
59,836
85,943
69,303
14,401
81,182
76,608
14,709
31,372
98,231
18,317
35,009
100,342
20,655
13,838,68114,195,595 13,926,86814,411,537 15,520,20515,333,552
Total..
Liabilities for rediscounts, including those
with Federal reserve bank
53,394
48,554
54,627
1
Beginning with report for Sept. 12, 1916, notes and bills rediseounted are not included in loans and
discounts,
as was the previous custom.
3
Includes
Federal reserve bank notes.
8
Prior
to
May 1 this item read " Letters of credit."
4
Prior to Nov. 17 this item read "Acceptances based on imports and exports."
279
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 36.—Aggregate resources and liabilities of national banks from January,
1914, to October, 1922—-Continued.
1917.
[In thousands of dollars.]
Mar. 5,
1917—
7,581
banks.
May 1,
1917—
banks.
June 20,
1917—
7,604
banks.
Sept. 11,
1917—
7,638
banks.
Nov. 20,
1917—
7,656
banks.
Dec. 31,
1917—
7,662
banks.
RESOURCES.
Loans and discounts
i, 712,862 ;, 751,679
8,069
Overdrafts
7,666
21,135
Customers' liability under letters of credit.
26,703
105,653
Customers'liability account of acceptances.
94,421
768,114
United States bonds
714,523
Payment on account subscription for Liberty Loan bonds
Liberty Loan bonds
Other bonds, securities, etc
1,856,983
1,770,1
Stock otherthanFederalreservebankstock.
39,074
39,182
54,695|
Stock of Federal reserve banks
54,329
266,8801
262,815
Banking house
32,179
Furniture and fixtures
31,798
47,212
Other real estate owned
48,277
761,995
Due from Federal reserve banks
750,202
Lawful reserve withFederal reserve banks.
Items with Federal reserve banks in process of collection
59,734
Notes of other national banks
61,352
1,617
Federal reserve bank notes
2,049
19,376
Federal reserve notes
17,080
659,501
705,998
Coin and certificates...
103,828
107,994
Legal-tender notes
Cash in vault
Net amount duefromnational banks
948,069
Due from approved reserve agent
1,077,727
Net amounts due from other banks, bank890,592
ers, and trust companies
939,054
578,145
419; 204
Exchanges for clearing house
58,564
Checks on other banks in the same place...
30,919
Outside cheeks and other cash items
37,906
45,878
[Redemption fund and due from U. S.
Treasurer
39,547
41,199
Interest earned but not collected
25,884
Other assets
25,779
15,979,12216,144,403
Total..
8,818,312 9,055,248 9,535,527 9,390,836
15,044
9,619
9,607
15,073
26,944
24,512
29,439
25,052
147,992
135,734
132,948
211,458
i 905,127 i 941,082 1,651,262 1,014,903
171,129
702,921
217,900
609,626
1,843,047 1,863,621 1,906,782 1,870,967
42,134
42,837
38,938
41,730
54,827
55,480
55,698
55,933
272,190
273,941
269,947
273,695
32,594
32,611
32,917
32,293
46,656
46,273
46,112
46,063
820,584
1,046,102 1,077,701 1,110,204
165,118
158,658
65,657
2,248
22,973
556,686
105,147
516,120
532,126
1,292',192'i 1,369,591 1,429,010
827,943
3 341,412
401,742
39,647
36,335
400,593
399,974
43,615
42,689
377,576
655,037
72,589
59,664
41,363
43,498
18,304
23,721
40,407
31,981
27,431
42,649
17,121
31,045
809,233
445,471
47,958
37,031
6,151,040116,543,499 18,553,19718,073,308
LIABILITIES.
Capital stock paid in
Surplus fund
; Undivided profits,less expenses and taxes
paid
Interest and discount collected but not
earned
Amount reserved for taxes accrued
Amount reserved for all interest accrued...
National-bank notes outstanding
Due to Federal reserve banks
Due to approved reserve agents
Net amounts due to national banks
Net amounts due to other banks, bankers,
and trust companies
•.
Dividends unpaid
Demand deposits
Time deposits
United States deposits
; Postals savings deposits
United States bonds borrowed
Other bonds borrowed
Securities borrowed
,
Bills payable, other than with Federal
reserve banks
Bills payable with Federal reserve banks.
State bank circulation outstanding
Letters of credit and travelers' checks
outstanding
Acceptances
Liabilities other than those above stated.
TotalLiabilities for rediscounts, including those
with Federal reserve banks
1
2
3
1,073,875 1,079,669 1,082,779 1,090,318 1,092,207 1,092,606
774,575
754,621
761,654
762,307
769,050
784,065
317,412
5,862
8,562
661,157
8
7,873
329,712
7,772
10,997
656,100
1
8,579
353,407
7,680
11,405
660,431
48
11,233
354,023
369,801
323,126
11,569
10,142
665,642
3,757
39,529
14,434
13,530
669,662
4,223
28,926
15,721
9,880
674,254
3,180
1,196,330 1,257,587 1,288,714
3,675,384 3,370,558 3,014,333 1,848,463 1,845,707 1,901,803
4,741
2,464
1,155
(4)
7,289,110 7,618,011 7,431,029 7,679,370 8,056.948 8,436,395
1,984,650 2,078,448 2,090,6191 2,295,982 2,281,865 2,298,282
5 132,965
517,315
210,395 1,352,006
5 89,142
(6)
28,445
110,190
32,758
26,871
98,695
65,415
4,904
65,674
17,661
4,949
33,591
20,488
276
363
182
77
347
809
17,660
2,999
23
25,460
8,827
23
48,926
184,736
23
51,880
63,790
1"
57,200
295,532
29,476
101,485
15,913
23,620
110,549
16,151
27,082
144,414
45,175
36,752
138,231
31,076
39,688
153,645
58,901
49,068
58,027
139,366!
169,434
247,2131
r
67,183
199,249
17
37,639
217,190
45,130
15,979.122 16,144,403 16,151,04016,543,499 18,553,197J18,073,308
475,416
Includes United States certificates of indebtedness, and excludes Liberty Loan bonds.
Included under heading "cash in vault."
This item formerly included amounts due from national banks other than approved reserve agents.
*
Included with demand deposits.
6
Prior to June 20,1917, included with demand deposits.
«Included with time deposits. /
280
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 36.—Aggregate resources and liabilities of national banks from January,
1914, to October, 1922—Continued.
1918.
[In thousands of dollars.]
Mar. 4,
1918—
7,670
banks.
May 10,
1918—
7,688
banks.
June 29,
1918—
7,705
banks.
Aug. 31,
1918—
7,728
banks.
Nov. 1,
1918—
7,754
banks.
Dec. 31,
1918—
7,767
banks.
RESOURCES.
Loans and discounts
Overdrafts
Customers' liability under letters of credit.
Customers' liability account of acceptances.
United Statesl bonds, other than Liberty
loan bonds
Liberty 1 oan bonds
Other bonds, securities, etc
Stocks, other than Federal reserve bank
stock
Stock of Federal reserve banks
Banking house
Furniture and fixtures
Other real estate owned
Lawful reserve with Federal reserve banks.
Items with Federal reserve banks in process of collection.
Cashin vault
Net amount due from national banks
Net amount due from other banks, bankers, and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from U. S.
Treasurer
Interest earned but not collected
War savings certificates and thrift stamps
actually owned
Other assets
Total
9,139,225 9,260,041 9,620,402 9,493, 666 10,096,940 9,918,294
12,497
14,306
16,814
12,968
11,662
13,586
16,284
15 275
12,563
13,204
25,324
25,022
222,176 239,102 221,397 231,673 310,593 291,502
1,645,118 1,796,194 1,386,251 1,787,378 1,781,993 1,735,889
475,531 861,329 730,534 668,048 1,374,319 1,213,989
1,815,340 1,757,588 1,740,845 1,695,070 1,660,465 1,683,071
42,753
48,177
47,461
42,412
42,660
39,213
57,259
57,427
56,982
58,100
56,756
56,219
276,502 277,315 277,941 280,615 282,012 281,904
34,027
34,653
33,495
34,518
33,340
32,689
46,642
46,765
46,306
45,034
45,639
45,871
1,071,155 1,103,895 1,129,557 1,111,432 1,099,208 1,180,163
196,315 260,425 286,384
172,451 183,892
171,876
449,719 463,494 382,701 364,136 443,828 522,063
l,441,r" 1,162,750 1,147,877 1,196,409 1,177,169 1,303,145
509,539
52,318
52,080
336,980
435,926
42,973
44,206
314,536
310,227
46,545
57,698
331,387
293,572
46,262
51,697
356,137
533,435
68,718
64,037
349,385
816,455
69,877
71,320
41,984
12,683
40,011
13,553
39,064
14,261
39,637
14,335
39,271
12,987
45,596
34,817
10,842
20,869
10,180
6,516
20,569
24,288
18,014,91118,249,905 17,839,502 18,043,605J19,821,404 20,042,224
5,956
30,427
5,440
21,524
12,498
15,052
LIABILITIES.
Capital stock paid in
Surplus fund
Undivided profits, less expenses and taxes
paid
Interest and discount collected but not
earned
Amount reserved for taxes accrued
Amount reserved for allinterest accrued...
National bank notes outstanding
Due to Federal reserve banks
Net amount due to national banks
Net amount due to other banks, bankers,
and trust companies
Demand deposits
Time deposits
United States deposits
United States bonds borrowed
Other bonds borrowed
Securities borrowed
,
Bills payable, other than with Federal reserve banks
Bills payable with Federal reserve banks..
State bank circulation outstanding
Letters of credit and travelers' checks outstanding
Acceptances
Time drafts outstanding
Liabilities other than those above stated...
Total..'
Liabilities for rediscounts, including those
with Federal reserve banks
1
1,094,338 1,096,932 1,098,556 1,101,839 1,107,760 1,109,735
829,663 845,282
801,165 803,143 809,138 813,769
332,326
355,937
366,637
377,875
338,596
44,130
191,229
1"
1,695,642 1,775,820 1,766,059 1,917,775
7,838,150 8,095,749 8,640,818 9,460,577
2,343,589 2,397,491 2,372,512 2,473,868
1,037,787 506,583 1,136,884 313,381
104,711 228,401 184,929
102,620
19,984
15,138
12,279
27,578
922
634
400
2,078
78,705
61,564
84,467
90,813
59,839
817,264
315,124 283,367 600,051 859,132
19
19
19
19
19
37,138
230,164
1,516
23, 008
32,441
250,323
2,439
95,917
1,949,785
8,084,146
2,370,679
682,712
66,795
26,534
814
1,743,134
8,094,686
2,342, 747
1,060,086
77,865
29,781
2,014
26,240
231,805
2,931
66,905
24,785
243,772
3,997
49,651
23,640
332,719
2,885
163,925
21,691
305,101
6,419
140,104
18,014,911 18,249,905 17,839,502 18,043,605 19,821,404 20,042,224
421,537
469,208
Includes United States certificates of indebtedness owned.
342,099
27,865
29,396
27,857
48,879
27,279
26,565
31,524
22,484
38,098
21,118
18,363
17,481
14,348
12,354
11,956
14,169
10,700
10,761
672,161 680,445 681,631 674,201 675,698 676,827
10,076
6,042
8,911
4,691
5,522
3,263
1,348,184 1,139,776 1,100,919 1,104,074 1,125,124 1,248,569
515,440
603,141
629,154
502,007
REPORT OF THE COMPTROLLER OF THE CURRENCY.
281
TABLE NO. 36.—Aggregate resources and liabilities of national banks from Januaryr,
1914, to October, 1922—Continued.
1919.
[In thousands of dollars.]
Mar. 4,
1919—
7,761
banks.
May 12,
19197,773
banks.
June 30,
1919—
7,785
banks.
Sept. 12,
19197,821
banks.
Nov. 17, Dec. 31.
1919—
1919—
7,865
7,890
banks.
banks.
RESOURCES.
9,691,187 9,904,82110.574,83811,085,462 11,560,242 11.786,227
Loans and discounts
13,881
12,421 ' 14,053
15,131
23,116
17 044
Overdrafts
2,336
1,708
3,021
4,592
4,923
7 690
Customers' liability under letters of credit.
Customers' liability account of acceptances. 263,108 217,819 260,486 308,049 343,008 393^552
United States1 bonds, other than Liberty
2,652,354 3,024,588 1,722,394
loan bonds
1,029,253 1,003,552 2 1,449,518
Liberty loan bonds
United 4States Government securities
3,296,593 2,881,881 2,723,493
owned
1,701,025 1,743,005 1,767,038 1,806,595 1,870,103 1,874,028
Other bonds, securities, etc
Stocks, other than Federal reserve bank
47,353
49,503
47,614
52,148
stock
51,873
49,606
58,729
58,393
59,068
60,473
Stock of Federal reserve banks
61,426
61,584
282,492
286,916
287,598
289,908 295,932 300,394
Banking house
36,156
34,943
35,854
37,519
Furniture and fixtures
39,259
45,853
45,262
47, 813
45,883
Other real estate owned
46,355
43,485
Lawful reserve with Federal reserve banks. 1,149,100 1,179,080 1,208,969 1,227,341 1,262,339 1,312,112
Items with Federal reserve banks in proc- I
273,383
287,415
377,861 476,375 456,595
291,397
ess of collection
424,455
455, 369
439,211 450,041 508,605
435,839
Cash in vault
1,205,779
1,256,325
1,296,659
1,268,627
1,433,555 1,350,320
Net amount due from national banks
Net amount due from other banks, bank344,554
375,300
337,108
439,049
ers, and trust companies
533,669 493,360
754,504
479,040
686,831
610,331 829, 784 960,531
Exchanges for clearing house
68,765
49,457
62,034
52,652
Checks on other banks in the same place..
90,190 102,274
72,945
52,463
59,594
58,644
Outside checks and other cash items
77,873
82,642
Redemption fund and due from United
38,604
45, 703
37,864
40,364
38,716
States Treasurer
41,516
46,206
45,262
47,673
41,."""
46,913
Interest earned but not collected
45,109
War savings certificates and thrift stamps
4,402
5,113
4,613
actually owned
23,003 •
42,680
27,815
48,430
Other assets
61,949
27,685
20,017, 760 20,824,991 20,799,550 21,615,416 22,444,992 22,711,375
Total
LIABILITIES.
1,106,550 1,111,501 1,118,603 1,137,970 1,153,752 1,158,259
Capital stock paid in
854,433
Surplus fund
859,603
902,905 921,335
872,226
Undivided profits, less expenses and taxes
paid
358,753
414,706 437,395 376,707
387,956
372,649
Interest and discount collected but not
54,338
55,804
earned
58,014
60,827
60,780
55,116
39,337
Amount reserved for taxes accrued
41,141
44,886
45,987
40,127
40, 658
17,149
Amount reserved for all interest accrued..
14,323
16,592
14,257
19,550
13, 794
676, 859
National-bank notes outstanding
673,923
681,589 680,879 685,769
677,162
6,724
Due to Federal reserve banks
7,867
13,508
12, 865
14,268
10,912 1,208,451 1,357,459 1,273,849
1,233,456 1,197,673
Net amount due to national banks
1,134,918
Net amount due to other banks, bankers,
1,958,105 1,886,836 1,839,158 1,845,041
and trust companies
2,062,659
275,106
217,125 296; 795 318,828
159,339
269,374
Certified checks outstanding65
206,846
206,012 215,933 284,645
138, 672
179, 859
Cashier's checks outstanding
1,325,162
8,558,384 9,103,534 9,106,192 9,751,533 10,260,330
), 260,330 10,
Demand deposits
2,652,666 2,729,245 2,784,940 2,921,034 3,053,685 3,139,542
Time deposits
566,793
518,903 270,390 448,863
591,318
530,551
United States deposits
United States Government securities bor171,205
168,271 2 233,738
190,163 167,328 182,765
rowed e
6,332
5,547
6,368
5,956
5,062
Other bonds borrowed
Securities (other than United States or
504
other bonds) borrowed
473
59
97
510
Bills payable, other than with Federal
58,284
57,177
reserve banks
56,199
47,698
47,229
50,640
Bills payable with Federal reserve banks.. 1,014,629 1,152,291 991,117 1,013,966 1,005,956 881,134
19
State bank circulation outstanding
19
19
58
58
58
Letters of credit and travelers' checks out6,644
17,061
9,088
9,911
standing
10,372
15,215
272, 035
323,226 359,110 407,639
224,151
269,173
Acceptances
11,701
13,526
5,472
13,379
14,661
9,957
Time drafts outstanding
132,000
62,419
38, 817
87,057
145,134
84,
598
Liabilities other than those above stated..
20,017,760
20,824,991
20,799,550
21,615,41622,444,992
22,711,375
Total
Liabilities for rediscounts, including those
with Federal reserve banks
.. 388,896 348,203 435,368 440,910' 680,476 973,499
1 Includes United States certificates of indebtedness owned.
2 Includes Victory notes.
3 Now included with United States Government securities.
* Includes Liberty loan bonds, Victory notes, United States certificates of indebtedness, and all other
issues of United States Government securities,
& Formerly included with demand deposits.
6 Prior to Sept. 12 this item read United States bonds borrowed, including Liberty loan, and certificates
indebtedness.
Digitized forofFRASER
18587°—23
19
282
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 36.—Aggregate resources and liabilities of national banks from January,
19Uy to October, 1922—Continued.
1920.
[In thousands of dollars.]
Feb. 28,
1920—
7,933
banks.
May 4,
1920—
7,990
banks.
June 30,
1920—
8,030
banks.
Sept. 8,
1920—
8,093
Nov. 15,
1920—
8,123
banks.
Dee. 29,
1920—
8,130
banks.
RESOURCES.
Loans and discounts
,
Overdrafts
Customers' liability under letters of credits
Customers' liability account of acceptances.
United States Government securities
owned
Other bonds, securities, etc
Stocks, other than Federal reserve bank
stock
Stock of Federal reserve banks
Banking house
Furniture and fixtures
Other real estate owned
Lawful reserve with Federal reserve banks
Items with Federal reserve banks in process of collection
Cash in vault
Net amount due from national banks
Net amount due from other banks, bankers, and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Interest earned but not collected
Other assets
11,994,523 12,288,582 12,396,90012,415, 762 12,311,51412,095, 295
16,406
16, 481
17, 545
19,215
19,277
16,996
5,759
9,218
8,710
C1)
C1)
7,518
425,390
416,417
398,661
384,619
354,184
410,679
2, 459, 424 2, 375, 801 2, 269,575 2,175,019 2,152,465 2,131, 573
1, 859,231 1,835,089 1, 802,196 1,805,579 1,
1,864,758
48,646
48,662
49, 407
51,732
64,153
65, 287
66,850
305, 912 311, 715 315,735 322, 732
44,259
40, 908
42,981
46,394
44,960
44,741
43,975
45, 931
1,286,290 1, 266, 209 1, 245, 233 1, 230, 282 1,
52,468
57,191
68, 273
68,505
332,183 336, 901
49, 247
50, 824
45, 922
46,966
218, 007 1,184,736
437,860 454,726 482,109 493, 215 530,490
376, 751 456, 283 450, 351 471, 546 448, 037
1, 296,428 1,121,415 1,072, 222 1,110,772 1, 076, 050
422, 602
494, 400
942,174
345,961
435, 615
69, 010
65,844
316,882
552,052
68,979
65, 289
321,637
766, 215
78,350
79,261
313,451
511, 375
62,829
64,399
298,913
796, 098
78,045
76, 548
255,
620,
53,
56,
43,194
48,223
203,600
38,213
45,681
194,472
38,902
48,005
184,017
41, 332
50,535
180,829
39, 459
48, 251
222, 961
38, 376
51, 252
224, 093
399
945
752
877
21, 862, 540 22, 038, 714 22,196,737 21, 885, 480 22, 081,913 21, 367,799
Total..
LIABILITIES.
1,182,082 1,214,769 1,224,166 1, 248, 271 1,269,930 1, 272, 291
Capital stock paid in
944,126
986,384
Surplus fund
1,016,522 1, 019,928
Undivided profits, less expenses and taxes
404,443
437, 701 411,525 459,139
483, 801 495,722
paid
Interest and discount collected but not
66,701
71,047
73,545
74, 517
74,560
earned
73, 075
42,550
43,697
46,343
51,190
51,066
Amount reserved for taxes accrued
46, 516
16, 052
19, 765
15,375
17,905
22,155
Amount reserved for all interest accrued...
21, 950
687, 575 688,460 688,178 693, 270
National-bank notes outstanding
693, 919
14,261
19, 039
19,161
21,316
Due to Federal reserve banks
17,900
1, 249,673 1,084, 437 1, 017,141 1, 076,101
Net amount due to national banks
938, 053
Net amount due to other banks, bankers,
2,044,459 1,836,103 1,807,718 1,694,249 1,577,579 1, 589,767
and trust companies
71,647 165,976 174,802 136,644 237, 839 178, 584
Certified checks outstanding
213,801
169,880 255,486 174,259 208,055 204, 318
Cashier's checks outstanding
10, 044,189 10,123, 428 10, 219, 82410, 035, 636 10,098, 884
Demand deposits
9, 505,175
Time deposits
3,259,178 3,410,480 3,485,501 3,560,298 3,621,112 3,631,837
67,914 115,200 175,788
53,453 147,239 212,123
United States deposits
Total deposits
16, 965,122 16,921,, 5^3 17,155,421 16, 751,956 16,961,
16, 277,702
757
United States Government securities bor116, 212
rowed
123,243 130, 960 136,914
131,309
140, 551
Other bonds borrowed
5,847
4,620
4,f~~
4,675
3,823
4,399
Securities (other than United States or
other bonds) borrowed
1,893
1,526
196
Bills payable, other than with Federal reserve banks
55,986
98,281 115, 457 129, 968 154,184 151,775
912,095 952,624 876, 095 879, 368 783, 242
Bills payable with Federal reserve banks..
759,247
State Dank circulation outstanding
58
58
58
58
58
58
Letters of credit and travelers' checks out26,745
standing
11,149
6,371
8,602
5,565
438,430 431,198 414,583 406,525 375,416
Acceptances
1,087
Time drafts outstanding
1,151
831
245
153
103
28,544
31,456
Liabilities other than those above stated..
25,443
18,835
17, 486
29,522
Total..
21,862,540 22, 038,714 22,196,737 21, 885, 480 22, 081,913 21, 367,799
Liabilities for rediscounts, including those
with Federal reserve banks
1,096,509 1, 214,174 1, 214, 516 1, 290,304 1,453, 207 1,431,641
1
Since Sept. 8,1920, letters of credit included with loans and discounts.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
283
TABLE NO. 36.—Aggregate resources and liabilities of national banks from January,
1914, to October, 1922—Continued.
1921.
[In thousands of dollars.]
Feb. 21,
1921—
8,143
banks.
Apr. 28,
1921—
8,152
banks.
June 30,
1921—
8,154
banks.
Sept. 6,
1921—
8,155
banks.
Dec. 31,
1921—
8,169
banks.
EESOURCES.
Loans and discounts i
Overdrafts
Customers liability account of acceptances
United States Government securities owned
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve banks
Items with Federal reserve bank in process of collection.
Cash in vault
Amount due from national banks
Amount due from other banks, bankers, and trust
companies
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and other cash items
Eedemption fund and due from United States Treasurer
Other assets.. T
Total.
11,680,83711.,367,07411,125,09910,1,977,61410,1,981,783
12,360
10,770
91970
12,355
9,949
330,023 282,478 238,287 202,354 200,663
2,047,234 2,001.811 2,019,497 1,861,977 1,975,898
1,980,825 1,990,970 2,005,584 1,973,749 2,081,442
390,760 399,038 410,392 421,027 429,929
52,398
52,939
47,651
51,742
54,368
1,128,517 1,077,155 1,040,205 1,029,978 1,143;259
334,722 313,385
397,773 402,223
2 901,201 2 752,934
328,002
374,349
756,861
305,469
357,798
808,619
349,911
341,811
2 216,957 2 218,797
473,208 390,465
46,016
37,101
46,066
39,789
259,656
656,093
60,478
61,238
231,044
467,845
54,973
55,242
228,802
437,750
69,236
62,209
36,290
204,703
35,845
165,274
36,697
152,921
37,101
236,400
35,600
198,711
20,307,651 19,570,699 19,638,446 19,014,102 19,420,136
LIABILITIES.
1,273,205 1,271,383 1,273,880 1,276,177 1,282,432
Capital stock paid in
1,029,406 1,024,761 1,026,256 1,027,373 1,033,406
Surplus fund
560,540 521,164 496,155 538,784 464,782
Undivided profits, less expenses and taxes paid
National bank notes outstanding
684,366 679,577 704,147 704,668 717,473
16,511
Due to Federal reserve banks
18,678
16,068
18,882
14,713
Amount due to national banks
2 887,018 2 751,749 699,705 7&7,985 779,783
Amount due to other banks, bankers, and trust companies
H,501,563 1,337,072 1,432,628 1,343,245 1,467,221
Certified checks outstanding
122,386 108,338 147,003 124,870
56,061
Cashier's checks on* own bank outstanding
166,202 162,735 189,647 175,243 208,795
8,960,593 8,601,787 8,709,825 8,352,756 8,606,943
Demand deposits
3,712,430 3,698,518 3,695,806 3,680,704 3,749,328
Time deposits
188,089
113,449 175,149 249,039 109,981
United States deposits
' ,075,102
15,478,354
354 14,,851,85915,', U2,331 14,560,85215,
Total deposits
84..
847
66,923
United States Government securities borrowed
121,895 130,785 100,324
Bonds and securities (other than United States) bor2,830
rowed
4,
5,740
3,230
3,
Bills payable, other than with Federal reserve banks. 123,169 136,923 140,195 133,836 114,434
Bills payable with Federal reserve banks
452,368
417,859
381,889
585,023
658,283
Letters of credit and travelers' checks outstanding...
4,976
3,951
5,317
5,726
Acceptances executed for customers and to furnish
dollar exchange less those purchased or discounted. 3 345,644 287,177 239,682 206,507 202,378
16,558
Acceptances executed by other banks
11,243
17,054
11,673
55,068
55,590
Liabilities other than those stated above
23,403
42,847
43,320
Total.
20,307,651 19,570,699 19,638,446 19,014,102 19,420,136
Liabilities for rediscounts, including those with Fed1,144,077
eral reserve banks
1
2
Includes customers' liability under letters of credit.
Prior to June 30,1921, this item called for " Net amounts."
3 Includes acceptances executed by other banks.
989,556
879,416
705,078
523,606
284
REPORT OF THE COMPTROLLER OF THE CURRENCY.
TABLE NO. 36.—Aggregate resources and liabilities of national banks from January\
1914, to October, 1922—Continued.
[In thousands of dollars.)
Mar. 10,
May 5,
June 30,
Sept. 15,
1922—8,197 1922—8,230 1922—8,249 L922—8,240
banks.
banks.
banks.
banks.
EESOUECES.
Loans and discounts (including rediscounts)1
Overdrafts
Customers' liability account of acceptances
United States Government securities owned
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve banks
Items with Federal reserve banks in process of collection.
Cash in vault
Amount due from national banks
Amount due from other banks, bankers, and trust companies
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and other cash items
Redemption fund and due from United States Treasurer.
Other assets
11,282,579 11,184,116 11,248,214
11,295
10,227
9,198
169,887
168,935
176,238
2,031,564 2,124,691 2,285,459
2,086,596 2,162,587 2,277,866
440,296
444,368
452,434
57,598
62,531
64,383
1,124,707
1,150,885 1,151,605
312,900
330,917
355,666
336,065
334,504
326,181
987,816
974,375
974,975
11,236,02*
12,141
171,19C
2,402,495
2,289,782
459,02C
67,78S
^1,232,104
418,923
~ 331,951
1,063,69*
248,578
481,368
38,207
41,205
36,507
163,234
244,707
681,269
45,215
44,053
36,823
176,445
267,050
767,096
63,394
64,928
36,767
184,556
"" 299,541
614,771
54,623
63,112
36,65C
172,284
19,850,402
20,176,648
20,706,010
20,926.09$
1,289,528
Capital stock paid in
1,036,184
Surplus fund.
508,560
Undivided profits, less expenses and taxes paid
719,570
National bank notes outstanding
17,641
Due to Federal reserve banks
962,140
Amount due to national banks
Amount due to other banks, bankers, and trust com1,560,920
panies
174,469
Certified ehecksoutstanding
175,632
Cashier's checks outstanding
8,446,530
••Demand deposits
3,837,759
Time deposits (including postal savings)
215,347
United States deposits
15,89o,£38
Total deposits
United States Government securities borrowed
53,722
Bonds and securities (other than United States) borrowed
6,103
Bills payable (including all obligations representing
borrowed money other than rediscounts)
275,089
Notes and bills rediscounted (including acceptances of
other banks and foreign bills of exchange or drafts
sold with indorsement)
323,737
4,719
Letters of credit and travelers' checks outstanding
Acceptances executed for customers and to furnish
171,332
dollar exchange less those purchased or discounted -..
13,869
Acceptances executed by other banks
57,551
Liabilities other than those stated above
1,296,220
1,040,249
522,658
720,984
21,213
936,399
1,307,216
1,048,806
492,434
725,748
19,852
916,740
1,307,125
1,042,19^
539,04?
726,78$
26,475
1,031,646
1,565,459
205,682
245,091
9,152,415
4,111,951
103,374
15,766,988 16,320,56^
46,225
42,475
1,582,444
164,42'
208,991
9,270,37*
4,169,22(
145,18!
16,598.76
Total
LIABILITIES.
Total
1
Includes customers' liability under letters of credit.
19,850,402
1,657,409
190,877
193,763
8,707,201
3,918,282
141,844
38,10-
3,058
2,897
2,99*
248,681
228,481
181,76
285,940
5,050
280,271
8,256
247,55
6,63
170,132
14,748
55,715
172,887
16,494
59,481
165,71
17,65
51,7t
20,176,648
20,706,010
20,926, OS
No. 37
ABSTRACT OF CONDITION OF NATIONAL BANKS ON
DECEMBER 31, 1921, MARCH 10, MAY 5, JUNE
30, AND SEPTEMBER 15, 1922
(Arranged alphabetically by States, Territories, and reserve cities)
(IN THOUSANDS OF DOLLARS)
NOTE.—The abstract of each State is exclusive of any reserve city therein.
285
REPORT OS" THE COMPTROIJ^ER OF THE CURRENCY.
287
Abstract of reports since September 6, 1921, arranged by States and reserve cities.
ALABAMA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
106 banks.
105 banks.
105 banks.
105 banks.
105 banks.
62,106
88
60,357
91
59,609
61
59,261
58
60,571
207
286
15,057
5,987
2,617
755
4;122
212
14,079
5,563
2,627
8003,709
105
14,038
6,024
2,647
865
3,716
139
13,481
6,441
2,801
811
3,818
18
13,372
7,126
2,982
748
4,364
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts ..
. ..
Customer's liability account of "acceptances "
.
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection . .
.
Cash in vault and amount due from national banks.
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer.
Other assets
Total
371
404
240
331
531
10,410
10,303
9,865
9,089
11,260
1,216
315
387
324
1,277
262
129
181
197
173
169
1,489
260
133
264
1 939
226
160
325
457
87
451
103
440
86
432
134
442
91
104,585
100,548
99,854
98,942
104,362
11,090
6 673
10,890
6,599
11,090
6 383
11,090
6,416
11,140
6 383
2,081
9,087
81
1,078
2,597
8,922
58
1,044
2 859
8,777
88
1,004
2 655
8,800
61
965
2 771
8,768
100
1,751
1,512
40
417
43,826
1,900
63
224
41,733
1,769
86
195
41,257
1,658
59
235
40,771
1,832
42
299
45,866
18,091
822
18,455
409
18,814
575
19,958
434
20,795
272
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks . . .
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts).
Notes and bills rediscounted
Acceptances executed for customers, etc...
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated...
Total
103
99
64
51
51
146
111
111
111
105
3 506
5,500
310
2,794
4,348
212
2,293
4,291
105
1,392
4,102
139
619
3,496
18
7
215
90
93
45
54
104,585
100,548
99,854
98,942
104,362
288
REPORT OF THE COMPTROLLER, OF THE CURRENCY,
Abstract of reports since September 6', 1921, arranged by States and reserve cities—Contd.
ALABAMA—Continued.
BIRMINGHAM.
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
J u n e 30,
1922.
Sept. 15,
1922.
2 banks.
2 banks.
2 banks.
2 banks.
2 banks.
RESOURCES.
Loans and discounts (including redis%
counts)
Overdrafts ..
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies...
Exchanges for clearing house
Outside checks and other cash items
Redemption fund and due from United
States Treasurer.
.
. .
Other assets
. .....
Total
20,867
3
3,446
1,368
281
19,864
3
3,617
1,450
281
1,751
1,596
21,305
6
3,216
1,792
280
6
1,810
21,211
5
2,990
1,971
280
6
1,520
22,504
3,104
1,884
281
6
1,663
889
830
829
717
1 141
3,391
3,423
3,592
3,418
3,800
844
263
326
825
235
110
433
266
210
580
268
361
849
180
281
82
53
82
65
82
54
83
75
83
99
33,564
32,381
33,881
33,485
35,881
1,750
1,550
1,750
1,550
1,750
1,550
1,750
1,550
1,750
1,550
823
1,639
1,335
981
1,643
1,322
1,127
1,650
1,413
1,205
1,650
1,223
1,285
1,619
1,245
1,404
21
47
13,065
1 434
56
34
11,924
1,392
31
78
13,236
1,370
57
48
13,040
1,635
34
74
14,461
11 385
400
11,089
448
11,197
190
11,153
145
150
11,026
209
200
219
205
700
213
33,564
32,381
33,881
33,485
35,881
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
Notes and bills rediscounted
Liabilities other than those above stated...
Total
REPORT OF THE COMPTROLLER OF THE CURRENCY.
289
Abstract of reports since September £, 1921, arranged by States and reserve cities—Contd.
ALASKA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
2 banks.
3 banks.
3 banks.
3 banks.
722
3
758
87
60
15
647
3
826
89
60
14
1922.
Sept. 15,
1922.
3 banks.
KESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Checks on other T>anks in the same place...
Outside checks and other cash items
^Redemption fund and due from United
States Treasurer
Other assets
Total.
512
589
641
87
35
20
87
59
20
1
699
87
59
15
601
655
557
456
729
11
1
15
2
5
12
2
29
3
43
3
9
4
3
1,916
2,082
2,132
2,169
2,423
100
75
125
80
149
80
150
150
55
44
1
63
59
2
1
4
11
1,120
3
3
16
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
Liabilities other than those above stated..
Total.
57
55
1
1
2
991
3
1
2
1,055
407
219
419
260
24
436
266
1
459
244
251
1,916
2,082
2,132
2,169
2,423
290
KEPOET OF THE COMPTBOIX.EB OF THE
Abstract af reports since September 6\ 1921, arranged by States and reserve tities—Oontd.
ARIZONA.
[la thousands of dollars,]
•
Bee. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
21 banks.
21 banks.
21 banks.
22 banks.
22 banks.
19,213
40
18,409
54
18,028
43
17,640
31
17,617
3,013
1,376
856
137
138
3,050
1,240
861
209
127
2,974
1,585
860
213
79
3,539
1,324
864
307
3,466
1,294
1,199
1,222
1,467
1,447
27
5
10
11
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customers' liability account of " acceptances "
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust eompani.es
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Kedemption fund and due from United
States Treasurer
Other assets
Total....
4,355
1,093
14
3,337
140
62
243
3,636
577
113
71
122
4,513
613
137
83
171
61
165
61
104
61
126
632
183
72
176
61
67
30,567
29,872
31,011
30,788
29,165
1,825
1,016
1,825
1,016
1,875
1,001
1,900
984
1,900
321
1,192
26
233
1,210
28
148
367
1,198
7
233
341
1,210
14
188
414
1,218
6
555
12
323
13,768
507
38
340
14,259
631
68
303
15,722
35
391
14,836
435
26
255
13,413
6,173
226
6,345
' 213
6,383
234
7,822
183
7,757
235
350
357
338
87
87
1,814
2,594
1,378
1,690
1,001
1,508
796
785
1,440
1
99
7
138
11
1
127
14
30,567
29,872
31,011
S;287
521
144
59
126
61
115
LIABILITIES.
Capitalstock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
—
National-bank notes outstanding
Due t o Federal reserve banks
Amount due t o national banks
Amount due t o State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds a n d securities, other t h a n United
States, borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, e t c . . .
Liabilities other than those above stated...
Total
32
4
38
5
30,788
29,165
REPORT OF THE COMPTROLLER OF THE CURRENCY.
291
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
ARKANSAS.
[In thousands of dollars.]
Bee. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
81 banks.
81 banks.
81 banks.
82 banks.
83 banks.
44,098
65
42,143
79
42,065
70
41,703
42,519
150
175
8,227
3,302
1,205
229
2,867
150
8,072
3,248
1,231
270
2,666
100
7,419
3,105
1,255
332
2,778
7,874
2,912
1,238
378
2,924
8,283
2,755
1,275
365
3,236
141
67
90
5,646
6,069
5,934
7,494
7,352
1,748
52
228
190
1,774
34
165
106
2,261
40
193
105
2,461
72
162
125
3,062
128
184
202
221
193
214
194
227
195
279
68, 513
66,490
66,227
67,897
70,002
6,797
3,091
3,116
6,873
3,051
6,948
3,085
6,973
3,083
1,570
3,799
1,578
3,802
1,516
3,875
1,039
1,659
3,881
5
1,578
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
,
Other assets
Total.
58
LIABILITIES.
Capital stock paid in
Surplus fund. All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Liabilities other than those above stated...
Total
824
842
1,722
3,849
1,178
2,522
32
385
32,203
2,460
23
333
30,500
2,5.56
25
403
31,464
2,761
21
390
32,953
3,198
32
417
33,002
10,557
58
56
10,845
94
10,869
144
11,763
221
11,952
185
45
29
23
2,666
3,079
1,534
2,356
999
2,240
1,549
2,474
150
64
10
100
64
56
7
6
39
66,490
66,227
67,897
70,062
10
2,755
3,639
1
175
18,513
292
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd
ARKANSAS—Continued.
LITTLE ROCK.
[In thousands of dollars.J
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept, 15,
1922.
2 banks.
2 banks.
2 banks.
2 banks.
2 banks.
5,015
3
4,559
4,065
4,62
856
119
492
5
436
685
119
497
8
317
73
369
100
922
120
492
2
363
346
347
363
251
49
509
411
409
477
28
166
184
46
101
92
24
130
117
26
195
167
23
17
10
2
19
15
18
18
19
14
18
2
1
8,449
8,028
7,548
6,829
7,45
600
260
600
260
600
260
600
260
60
26
77
365
446
79
370
294
90
370
354
87
370
371
37
3J
1,338
1
16
2,747
1,256
14
8
2 802
1,426
2
37
2 641
1,307
1
9
2 211
875
88
871
31
846
• 36
1,457
58
1 0'
448
1,188
360
983
100
300
586
98
7
8,449
8,028
7,548
6,829
7,4
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
..
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Outside checks and other cash items
Redemption fund and due from United
States Treasurer .
. . .
Other assets
Total
5,240
6
922
136
491
11
49
1
35
LIABILITIES.
Capital stock paid in
Surplus fund........
All other undivided profits, less expenses
and taxes paid
National bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
Bills payable (including all obligations representing money borrowed other than rediscounts) .
Notes and bills rediscounted
Acceptances executed for customers, etc...
Total
1.52
2 31
REPORT OF THE COMPTROLLER OF THE CUBBENCY.
293
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
CALIFORNIA.
[In thousands of dollars.]
Bee. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
282 banks. 281 banks. 277 banks. 279 banks. 265 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of <4 acceptances "
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federalreserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Eedemption fund and due from United
States Treasurer
Other assets
Total
201,239
293
190,905
277
188,362
304
189,587
325
177,636
364
44,543
42,748
10,652
1,755
15,855
35
41,385
43,129
10,552
1,620
15,284
41,806
45,108
10,908
1,537
15,403
42,146
44,356
10,142
1,413
14,863
125
44,707
42,845
10,772
1,666
16,366
792
887
882
932
1,256
30,950
29,758
29,791
27,889
29,794
5,564
1,469
798
1,191
4,828
1,638
571
810
3,723
1,472
666
705
3,778
1,537
910
940
4,581
1,307
621
1,193
903
663
902
701
714
865
688
826
749
339,492
342,213
331,250
360,343
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and ,
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations rep- j
resenting money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, e t c . . .
Liabilities other than those above stated...
Total
12,045
26,775
11,843
26,053
11,432
26,225
11,943
24,555
11,053
6,162
17,957
304
2,431
17,805
291
2,713
7,517
17,115
246
2,346
6,581
17,166
169
2,345
6,607
16,507
348
3,416
9,655
231
8,020
182,842
8,044
348
7,960
168,550
8,029
289
7,030
167,004
7,389
258
5,786
168,017
7,264
696
7,124
160,927
80,901
574
82,217
457
78,978
266
81,980
232
79,733
544
827
451
443
452
118
137
170
221
239
241
6,286
4,674
6,764
5,183
5,354
7,041
6,088
6,036
5,650
66
125
241
73
69
517
78
35
191
112
55
190
376
360,343
346,899
339,492
342,213
331,250
294
REPORT OE THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
CALIFORNIA—Continued.
LOS ANGELES.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
May 5,
1922.
1922.
7 banks.
7 banks.
7 banks.
June 30,
1922.
7 banks.
Sept. 15,
7 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
•trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
-..
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Liabilities other than those above stated...
Total
117,983
180
119,128
129
1,102
14,842
7,921
1,313
201
10,853
120,440
164
124,398
127
131,114
198
775
485
16,749
7,948
1,461
19,631
8,019
1,487
752
18,180
8,289
1,499
216
1,878
16,602
8,538
1,730
339
11,795
12,503
229
235
10,445
11,409
6,112
5,890
17,183
15,505
14,941
6,450
7,264
19,324
18,562
6,606
5,214
118
1,124
244
649
4,356
4,176
262
781
5,521
4,484
104
751
242
586
243
802
5,942
5,550
212
890
243
765
189,999
189,756
194,828
204,632
212,683
9,300
4,946
9,300
4,946
9,300
4,946
9,300
4,947
9,300
4,947
4,436
4,697
7,587
5,192
4,718
7,899
5,410
4,719
8,825
5,338
4,759
10,390
4,781
4,697
10,196
15,898
164
8,031
90,688
19,795
408
5,056
87,041
20,866
367
3,356
91,601
23,084
486
3,556
96,698
21,551
378
4,715
104,801
36,386
2,917
37,417
2,947
38,454
2,827
39,165
3,134
40,351
1,143
1,432
4,635
5,114
314
1,212
243
1,013
852
1,349
961
236
486
485
486
400
1,905
626
1,270
658
74
605
737
1,102
500
79
775
369
135
485
1,214
162
771
275
138
2,860
327
189,756
194,828
204,632
212,683
486
KEPORI OF THE COMPTROLLER OF THE CURRENCY.
295
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
C A I i I F O R N I A—Continued.
OAKLAND.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
2 banks.
2 banks.
2 banks.
2 banks.
2 banks.
17,301
22
17,410
17
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts.
. .. .
Customer's liability account of " acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Cash in vault and amount due from national
banks
.
....
Amount due from State banks, bankers,
and trust companies
. . .
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer..
Other assets
T otal....
17,468
19
484
442
366
17,296
366
17,777
24
479
3,655
2,306
463
8
1,847
4,094
2,572
461
7
1,882
3,435
2,673
461
7
1,923
3,794
2,895
461
7
2,017
3,682
2,947
461
1,914
1,539
3,065
1,436
2 510
471
360
703
469
513
421
546
489
778
367
15
89
80
2,068
80
12
184
80
28
26
5
1
23
29,207
29, 830
30,572
29,654
31,262
1,600
1,320
1,600
1,320
1,600
1,320
1,600
1,320
1,600
1 320
87
145
15
234
80
41
25
80
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing money borrowed other than rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Liabilities other than those above stated...
Total
335
1,581
342
353
1,591
546
325
1,586
345
2,969
113
379
14,559
3,288
94
267
15,590
3,195
148
643
16,420
1,581
874
2,800
52
180
16,051
3,013
177
570
17,362
3,732
3,667
3,652
3,872
3 827
302
768
220
214
84
161
136
1
269
309
1,589
277
1 296
166
161
401
313
237
600
11
484
18
14
442
18
16
366
28
14
366
32
18
479
36
29,207
29,830
30,572
29,654
31,262
296
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
C AI.IFOKNI A—Cont inued.
SAN FRANCISCO.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
June 30,
1922.
1922.
Sept. 15,
1922.
7 banks.
7 banks.
7 banks.
7 banks.
7 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national
banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
216,742
370
205,501
216
202,085
378
204,785
226
212,465
206
7,264
35,146
27,224
10,253
400
22,844
5,218
38,284
25,539
10,463
347
19,475
6,234
37,001
24,379
10,598
385
21,986
7,316
39,914
25,972
10,638
607
19,590
9,561
45,046
22,838
10,944
597
25,300
6,240
5,491
5,035
6,157
7,306
26,363
24,356
25,359
25,452
30,678
13,097
8,324
568
2,310
13,032
6,582
355
1,448
14,158
7,875
977
1,578
16,183
8,092
809
3,406
20,991
11,694
1,127
3,305
870
10,262
875
8,429
875
8,779
875
10,379
885
7,671
388,277
365,611
367,682
380,401
410,614
28,000
18,700
28,000
18,700
28,000
18,700
28,000
18,700
28,000
18,700
10,389
17,296
27,869
10,289
17,231
26,329
9,809
17,348
26,448
10,058
17,268
25,914
10,179
17,603
33,299
49,429
694
10,899
156,678
49,512
1,092
4,054
144,207
46,855
963
7,401
154,328
47,636
941
2,321
164,355
52,852
3,674
8,125
175,800
27,866
5,473
32,647
7,569
36,185
2,424
41,130
2,048
37,798
6,074
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing money borrowed other than rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc..
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated..
Total
,
429
5,794
18,973
7,014
11,195
2,014
7;405
2,000
10,045
5,517
174
7,602
167
5,788
214
6,531
272
7,637
255
9,662
791
1,650
351
1,466
379
2,678
579
1,497
416
2,231
388,277
365,611
367,682
380,401
410,614
REPORT OS7 THE COMPTROLLER OF THE CURRENCY.
297
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
COLORADO.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
133 banks. 133 banks. 133 banks. 133 banks. 133 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
59,681
61
59,127
91
58,341
82
58,703
65
9,981
9,114
3,051
437
4,473
9,658
9,248
3,054
518
4,533
9,220
8,818
3,078
629
4,328
8,508
9,106
3,078
691
4,325
25
30
52
11,898
14,820
12,979
11,992
714
133
315
709
96
261
717
107
277
221
655
155
218
173
139
307
186
254
79
255
81
257
104
252
258
135
100,468
102,665
99,188
98,041
102,545
7,550
4,682
7,535
4,672
7,485
4,670
7,525
4,584
7,525
4,576
1,401
4,971
1,026
1,342
4,948
1,133
1,551
4,964
1,181
1,428
4,975
917
1,481
4,983
1,072
1,363
43
1,087
47,707
1,637
60
1,008
49,768
1,431
36
866
46,866
1,165
51
897
45,327
1,700
34
847
49,559
24,256
58
103
24,556
24,992
27
26,069
34
26,342
70
58
58
2,451
3,742
2,223
3,630
2,146
2,833
1,517
2,722
27
5
17
42
98,041
102,545
59,925
104
8,525
9,355
3,080
641
4,735
26
14,244
LIABILITIES.
Capital stock paid in
,
Surplus fund
All other undivided profits, less expenses
and taxes paid
,
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
,
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Liabilities other than those above stated...
Total
18587°—23
104
1,983
3,057
15
13
100,468
102,665
99,188
298
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Cantd.
C O L O R A B O—Cont inued.
DENVER.
[In thousands of dollars]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
8 banks.
8 banks.
8 banks.
8 banks.
9 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts...,
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
,
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
,
Checks on other banks in the same place.,
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
,
Other assets
Total.
61,304
43
58,407
43
8,295
10,900
1,129
80
6,434
11,459
1,143
141
4,809
3,837
9,449
2,932
1,605
618
257
80
5,276
15,769
2,202
2,109
740
240
80
221
57,723
46
9,809
12,018
1 143
140
6,689
56,450
43
15,191
13,138
1,140
142
6,113
60,186
77
17,409
14,124
1,309
141
7,388
5,526
5,560
6,016
14,415
11,079
14,841
2,244
1,905
784
395
2,534
2,433
759
439
3,756
2,202
903
590
75
169
75
173
75
202
107,138
111,522
113,081
115,269
129,219
4,150
3,839
4,150
4,150
4,150
3,839
4,250
3,842
1,791
1,589
8,685
1,841
1,600
11,672
2,157
1,485
10,637
1,950
1,476
9,618
2,136
1,492
13,102
5,685
181
1,189
46,126
7,027
171
843
46,045
6,693
200
753
48,658
5,629
303
1,267
50,483
5,969
272
1,015
58,661
32,555
178
33,099
657
35,130
633
37,444
702
42
42
720
301
221
138
179
518
169
114
134
16
91
20
66
11
24
71
24
62
107,138
111,522
113,081
115,269
129,219
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due t o State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Liabilities other than those above stated...
Total
REPORT OF THE COMPTROLLER OF THE CURRENCY.
299
Abstract af reports since September 6, 1921, arranged by States and reserve cities—Contd.
COIiORADO—Continued.
PUEBLO.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
2 banks.
2 banks.
2 banks.
2 banks.
2 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Total.
4,892
64
1,757
3,051
308
4,628
39
1,669
3,124
306
1
4,453
26
1,625
3,014
305
740
749
3,189
2,677
364
74
17
399
54
11
438
67
7
4,828
19
1,776
3,044
303
4,885
70
1,720
3,058
300
749
739
2,464
2,828
254
44
36
284
62
35
20
20
20
20
20
14,485
13,626
13,504
13,537
14,001
600
1,100
600
1,100
600
1,100
600
1,110
600
1,110
236
395
837
285
400
1,159
192
400
1,058
155
182
397
1,307
1,256
5
121
7,160
1,558
4
54
6,310
1,744
5
65
6,325
1,428
2,232
39
2,126
15
1,980
21
1,539
4
. 107
6,593
1,988
39
4
4
11
4
10
14
14
14,485
13,626
13,504
13,537
14,001
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
Bills payable (including all obligations
re presenting money borrowed other than
Letters of credit and travelers' checks sold
for cash and outstanding
Liabilities other than those above stated..
Total.
110
6,148
2,669
30
500
300
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities-^Contd.
CONNECTICUT.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5.
1922.
June 30,
1922.
Sept. 15,
1922.
64 banks.
64 banks.
64 banks.
64 banks.
64 banks.
122,180
123,115
60
124,213
94
123,469
125,582
59
592
30,578
24,079
7 493
1,017
30,509
24,561
7,560
977
473
30,677
26,024
7,337
1,039
405
30,520
27,268
9,224
9,303
515
32,369
29,405
7,572
1,254
10,832
3,121
4,460
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances "
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
9,496
4,112
20,099
825
1,970
374
1,386
2,794
16,124
7,60S
1,076
4,223
18,959
729
943
255
348
17,669
810
953
362
395
657
901
653
684
643
695
675
2,038
506
702
656
817
225,803
218,996
223,729
225,500
235,150
21,307
14,614
21,557
14,538
21,607
14,959
21,607
1*5,009
9,517
12,894
1,107
743
10,088
12,889
853
423
21,607
14,588
10,370
12,915
937
9,985
12,956
10,761
12,980
1,698
637
5,288
601
531
113,113
6,114
538
573
105,710
5,959
578
427
111,632
6,417
1,021
1,237
113,863
6,209
559
509
118,848
34,839
1,873
36,426
2,381
38,032
1,342
37,229
950
42,143
1,287
15,928
879
1,322
406
574
655
544
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
„
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, e t c . . ,
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated..
Total
100
50
3,966
4,448
2,073
3,749
1,662
2,328
1,379
1,909
1,411
658
592
4
696
17
464
18
407
19
515
370
284
279
9
258
250
225,803
218,996
223,729
225,500
235,150
REPORT OF THE COMPTROLLER OF THE CURRENCY.
301
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
DELAWARE.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15.
1922.
18 banks.
18 banks.
18 banks
18 banks.
18 banks.
10,416
6
2,903
4,677
579
37
9,942
5
2,903
4,829
584
37
882
EESOUECES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures. ..
Other real estate owned
Lawful reserve with Federal reserve bank .
Items withFederal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and other cash items
^Redemption fund and due from United
States Treasurer
Other assets
Total
1,034
104
1,435
74
85
14
30
55
31
9,736
5
2,667
4,970
584
37
829
10,011
7
2,371
4,973
586
38
9,324
5
2,460
5,313
583
41
820
90
101
221
134
1,150
1,174
1,561
1,191
62
54
6
15
64
54
9
83
110
11
35
56
80
8
14
55
21
13
55
27
27
21,480
20,635 I
20,325
21,067
20, 111
1,660
1,923
1,660
1,923
1,660
1,923
1,660
1,924
1,660
1,942
702
771
1,088
29
755
1,090
22
18
719
1,085
36
17
775
1,091
65
15
358
55
8
9,429
290
12
19
8,713
268
15
2
8,611
296
21
9
9,539
292
22
3
4,657
212
4,733
222
4,789
165
4,908
168
5,055
92
25
23
21
12
13
932
378
10
840
334
9
635
317
14
376
264
14
273
203
12
21,480
20,635
20,325
21,067
20,111
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing money borrowed other than rediscounts)
Notes and bills rediscounted
Liabilities other than those above stated...
Total
17
302
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921'., arranged by States and reserve cities—Contd.
DISTRICT OP COLUMBIA.
WASHINGTON.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
15 banks.
15 banks.
15 banks.
15 banks.
15 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of " acceptances "
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and other cashitems
Redemption fund and due from United
States Treasurer
Other assets
Total.
57,746
39
59,286
24
60,629
24
58,019
51
62,318
33
18,228
12,357
6,064
757
6,965
5
18.273
121 486
6,095
750
7,050
97
18,800
12,379
6,261
803
7,425
198
16,705
13,204
6,646
820
7,594
182
17,160
13,043
6,719
940
7,208
1,877
2,158
2,143
1,657
2,218
7,125
8,336
8,164
6,910
7,282
1,297
1,621
654
1,279
2,103
265
284
1,063
1,687
493
306
2,104
2,341
987
622
329
121
312
152
301
109
287
104
115, 566
118, 858
120,684
118,249
855
2,144
618
429
337
107
121,593<
7,677
5,858
7,677
5,85S
7,677
5,848
2,010
5,835
1,082
2,549
2,289
5,885
1,021
2,585
2,455
5,719
1,282
2,619
7,677
5,883
2,149
5,694
1,089
2,661
2,341
5,704
1,504
2,932
3,869
245
369
57,115
5,313
192
328
60,651
4,788
324
276
61,338
3,995
1,293"
466
58,639
3,831
738
485
61,237
21,300
1,255
22,994
1, 554
23,595
1,220
23,527
25,891
817
255
255
255
130
55
4,695
1,279
1,395
702
2,239
753
3,110
966
19
19
10
76
74
108
124
94
74
145
118,249
121,593
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing money borrowed other than rediscounts
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated...
Total
135
144
58
48
49
141
115, 566
118, 858
120,684
5
7,677
5, 898
EFFORT OF THE COMPTROLLER OF THE CURRENCY.
303
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
FLORIDA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
56 banks.
59 banks.
59 banks.
59 banks.
58 banks.
42,612
26
11,800
7,437
2,328
329
3,269
43,052
39
12,210
8,110
2,576
340
3,743
41,150
30
12,309
8,581
2,649
374
3,780
39,737
28
12,181
8,807
2,732
404
3,645
36
427
88
39
40
8,353
13,029
14,405
11,485
8,619
1,689
326
386
143
2,385
160
331
127
2,243
198
197
112
1,847
125
217
108
1,549
165
149
163
228
147
229
71
231
91
237
122
228
100
79,109
86,829
86,438
81,714
78,055
5,900
3,323
6,175
3,325
6,195
3,327
6,195
3,464
6,095
3,433
1,063
4,554
47
1,175
1,293
4,572
69
1,942
1,377
4,532
32
2,167
1,127
4,683
64
1,662
1,408
4,551
27
1,222
2,131
126
435
32,736
2,766
172
594
39,154
3,420
140
505
38,832
2,669
112
358
35,406
2,374
160
399
31,871
22,607
459
23,656
513
23,926
479
24,491
354
24,302
500
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
39,801
35
12,438
8,544
2,766
'393
3, 065
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' check3 sold
for cash and outstanding
Acceptances executed for. customers, etc -..
Liabilities other than those above stated-..
Total
75
125
130
105
110
34
19
19
39
20
2,035
2,375
1,168
1,253
600
728
323
568
454
1,024
4
25
29
91
104
79,109
86,438
81,714
78,055
304
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
FLORIDA—Cont inued.
JACKSONVILLE.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
3 banks.
3 banks.
3 banks.
3 banks.
3 banks.
RESOUECES.
Loans and discounts (including rediscounts)
Overdrafts
—
Customer's liability account of "acceitUnited States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federalreserve bank in process
of collection
Cash in vault and amount due from rational banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
23,498
2
26,224
4
172
3,669
3,247
1,478
38
1,708
4,068
5,224
1,503
42
2,148
30,746
2
26,260
2
24,322
5
34
4,293
3,462
1,505
12
6,478
4,304
1,506
42
2,726
42
2,420
142
8,165
4,430
1,510
40
2,285
1,049
1,077
1,323
796
1,121
3,120
4,186
3,584
3,876
2,616
3,023
516
16
174
2,897
380
8
101
2,995
420
1
78
2,614
385
1
71
61
22
61
18
62
21
62
23
2,651
388
15
240
61
30
41,793
47,941
51,294
48, 852
48,021
1,600
1,100
1,600
1,100
1,600
1,100
1,600
1,100
1,600
1,100
1,267
1,203
1,557
1,429
1,221
2,791
1,382
1,230
3,131
1,333
1,223
3,222
1,500
1,230
1,958
4,423
49
277
14,468
6,881
44
2,157
15,230
7,324
80
172
17,597
5,141
55
101
16,843
4,768
81
191
15,819
14,081
505
14,562
703
17,056
370
17,937
200
19,173
382
20
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less espenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal saving;s
deposits)
United States deposits.
United States Government securities borrowed
Bonds and securities, other than Unite!
States, borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc..
Liabilities other than those above stated.
Total
126
67
67
27
100
100
5
172
57
56
34
51
3
12
50
3
142
48
41,793
47,941
51,294
48,852
48,021
200
EEPORT OF THE COMPTROLLER OF THE CURRENCY.
305
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
GEORGIA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
91 banks.
92 banks.
92 banks.
92 banks.
93 banks.
63,758
190
61,575
165
61,740
180
60,660
133
60,381
526
515
13,778
1,996
2,360
595
3,410
175
12,951
2,206
2,364
564
2,850
215
12,033
2,225
2,402
660
2,786
196
10,773
2,244
2,422
693
2,948
207
10,783
2,398
2,473
779
3,111
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of " acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
. .
Cash in vault and amount due from
national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer..
Other assets
Total...
516
191
231
321
367
5,630
5,592
5,766
6,172
6,964
2,378
339
407
235
1,986
227
176
216
2,075
202
195
274
2,482
228
184
301
3,078
274
193
201
388
88
387
44
374
78
378
24
376
42
96,583
91,669
91,436
90,159
92,153
10,173
7,413
10,198
7,391
10,548
7 ; 435
10,548
7,398
10,655
7,409
2,099
7,629
25
821
2,276
7,638
34
808
2,480
7,4S6
27
669
2,310
7,541
20
802
2,436
7,519
71
1,167
2,472
27
446
29,688
2,424
40
227
27,415
2,371
38
205
27,748
2,751
49
329
28,946
3,387
23
314
30,995
18,494
571
19,094
521
19,378
560
19,624
309
20,091
255
534
194
425
107
62
5,104
10,537
4,522
8,574
3,797
7,962
2,233
6,900
1,920
5,533
524
65
167
278
15
254
17
264
26
47
34
29
23
35
96,583
91,669
91,436
90,159
92,153
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding..
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities
borrowed ...
.
. .
Bills payable (including all obligations
representing money borrowed other
than rediscounts)..
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding .
Acceptances executed for customers, etc...
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated...
Total
306
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
a E O R G I A—Cont inued.
ATLANTA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
4 banks.
4 banks.
4 banks.
4 banks.
5 banks.
RESOURCES,
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of " acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from
national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
,
Other assets
Total.
46,753
18
48,007
22
48,019
9
47,800
7
49,364
13
4,317
892
1,970
21
3,539
5,172
856
1,994
139
3,549
5,961
1,014
2,061
139
3,755
8,517
880
2,058
139
3,566
36
8,897
882
2,083
138
4,222
3,298
3,170
3,509
3,354
4,524
4,883
4,838
5,036
5,923
4,943
2,631
1,454
24
342
1,951
1,389
23
211
2,044
1,165
27
161
1,874
1,508
24
259
2,385
1,798
34
285
155
155
155
185
185
1
70,297
71,476
73,055
76,094
79,790
3,950
4,550
3,950
4,550
3,950
4,550
3,950
4,550
4,275
4,550
2,136
3,038
3,284
2,454
3,024
3,855
2,511
3,015
4,073
2,262
3,631
4,590
2,529
3,644
5,739
5,412
62
306
30,319
5,475
169
303
30,530
5,323
71
191
33,187
5,702
85
406
33,997
6,380
107
280
35,343
14,912
1,414
914
15,196
1,570
400
15,626
433
16,072
846
15,830
775
300
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
,
Amount due to State banks, bankers, and
trust companies
,
Certified checks outstanding
Cashier's checks outstanding
,
Demand deposits
,
Time deposits (including postal savings
deposits)
,
United States deposits
,
Notes and bills rediscounted
,
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Liabilities other than those above stated..
Total.
2
36
125
70,297
71,476
73,055
76,094
79,790
REPORT OF THE COMPTROLLER OF THE CURRENCY.
307
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Con td.
GEORGIA—Continued.
SAVANNAH.
[In thousands of dollars.]
Dec. 31,
Mar. 10,
1922.
May 5,
1921.
1 bank.
1 bank.
1 bank.
1922.
June 30,
Sept. 15,
1922.
1922.
1 bank.
1 bank.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank .
Cash in vault and amount due from national
banks
Amount due from State banks, bankers,
and trust companies
Exchange for clearing house
Checks on other banks in the same place...
Other assets
Total.
1,406
3
167
13
21
1,335
2
166
13
21
5
53
1,268
1
168
13
21
5
52
1,231
1
77
13
17
13
54
1,189
1
76
13
17
16
54
36
47
58
44
16
5
11
9
1,487
1,438
8
1,729
1,679
300
46
300
46
300
46
300
47
300
47
22
1
3
367
12
1
1
343
12
291
5
4
1
300
16
1
1
306
419
45
419
435
24
425
23
425
12
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
. and taxes paid
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Total.
429
454
378
382
321
1,729
1,679
1,593
1,487
1,438
308
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
HAWAII.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
2 banks.
2 banks.
2 banks.
2 banks.
2 banks.
RESOURCES.
Loans and discounts (including j:edisOverdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Cash in vault and amount due from national
banks
Amount due from State banks, bankers,
and trust companies
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
2,222
1
1,817
518
62
1,650
1
2,372
558
61
1,250
1,483
519
466
157
3
2,400
727
60
1,411
1
2,402
1,087
59
785
866
984
77
29
239
64
3
296
145
3
462
323
27
1,506
1
2,450
590
60
1,428
22
23
31
18
332
9
23
25
22
39
6,602
6,738
6,039
5,973
6,817
600
430
600
440
600
440
600
440
600
450
60
LIABILITIES.
All other undivided profits, less expenses
National-bank notes outstanding
Amount due to State banks, bankers, and
Certified checks outstanding .
Cashipr's check*? outstanding
..
....
Time deposits (including postal savings
United States deposits
Letters of credit and travelers' checks sold
Liabilities other than those above stated...
Total .
450
445
97
450
85
439
83
442
225
3
1
2,330
207
22
147
10
314
1
121
27
2,437
2,262
2,594
2,669
402
2,075
371
2,153
318
1,700
325
1,154
362
2,036
5
5
3
15
21
27
6,602
6,738
6,039
5,973
6,817
76
EEPORT OF THE COMPTROLLER OF THE CURRENCY.
309
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
IDAHO.
[In thousands of dollars.J
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
76 banks.
77 banks.
79 banks.
79 banks.
79 banks.
40,771
87
5,295
4,598
2,199
564
2,769
40,129
88
5,441
3,702
2,175
635
2,637
41,768
104
5,377
3,938
2,242
782
2,432
376
373
334
6,367
5,663
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks,securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federalreserve bank..
Items with Federalreserve bankin process
of collection
Cash in vault and amount due from
national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
41,433
100
40,759
99
6,092
4,357
2,243
925
2,242
997
2,636
2,505
285
380
6,091
1,046
121
136
182
1,100
147
141
179
842
95
128
108
111
143
6,064
1,027
146
136
140
165
282
167
321
167
358
170
349
169
369
65,040
62,504
63,925
65,704
64,874
5,050
2,223
5,100
2,144
5,240
2,195
5,240
2,179
5,340
2,185
361
3,251
135
805
564
3,297
235
3,348
125
949
30
879
29,195
1,134
30
625
26,977
12,090
48
101
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
,
National-bank notes outstanding
Due to Federal reserve banks
,
Amount due to national banks
,
Amount due to State banks, bankers, and
trust companies
,
Certified checks outstanding
,
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities
borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks
sold for cash and outstanding
Liabilities other than those above stated...
Total
588
731
133
874
133
943
1,018
42
473
27,639
878
33
610
29,326
1,181
28
797
28,401
12,422
68
12,757
65
13,154
69
13,195
68
94
68
17
77
77
7,194
2,691
6,643
2,184
6,965
2,284
7,046
1,935
2
36
1
3
1
119
2
117
2
27
65,040
62,504
63,925
65,704
64,874
310
REEOBT. OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities;—ContcL
ILLINOIS.
[]n thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
466 banks. 468 banks. 469 banks. 469 banks. 469 banks.
RESOURCES.
Loans and discounts (Including rediscounts)
Overdrafts
Customer's liability account of "accept*
ances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other realestate owned
Lawful reserve with Federalreserve bank..
Items with Federa lreserve bank in process
of collection
Cash in vault and amount due from
national banks
Amount due from State banks, bankers,
and trust companies
,
Exchanges for clearing house
,
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
269,190
521
267,049
676
270,271
53
19
60,410
65,912
13,546
1,321
20,491
2
60,235
64,054
13,657
1,364
20,230
59,261
63,290
13,071
1,183
18,952
271,562
562
269,575
61,960
64,131
13,797
1,418
20,101
63,428
65,012
14,046
1,565
20,518
674:
1,683
2,240
2,478
2,167
2,820
35,176
44,038
45,782
40,985
41,077
4,407
877
1,274
1, 111
4 944
862
905
1,088
5,470
756
860
1,045
5,081
873
931
1,068
5,082
852
974
1,-094
1,326
824
L315
595
1,318
654
1,345
647
1,352
598
472,199
485,411
488,874
486,628
488,667
35,260
23,424
35,315
23,614
35,640
23,686
35,790
23,838
35,815
23,852
11,598
26,163
16
2,601
12,601
26,188
12,678
26,245
2,661
13,354
26,935
5
,3,754
11,654
26,702.
25
4,342
14,482
305
817
181,141
15,944
331
853
198,073
18,407
335
824
200,122
17,298
351
771
197,860
19,603
404
785
196,647
151,086
763
150,094
1,271
150,247
1,495
152,661
1,092
153,023
1,816
1,466
1,295
1,213
1,078
79
47
63
5
11,352
10,870
7,462
7,204
6,057
6,445
,925
•,342
7
55
364
7,421
8,026
6
22
385
6
2
557
12
10
454
416
472,199
485,411
488, 874
486,628
488,667
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
...
Due to Federalreserve banks
Amount due to national banks
Amount due to State banks, bankers,
and trust companies
Certified checks outstanding.
Cashier's checks outstanding
Demand dep osits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities
borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations
representing money borrowed other
than rediscounts)
,
Notes and bills rediscounted
Letters of credit and travelers' checks
sold for cash and outstanding
,
Acceptances executed for customers, e t c . . .
Liabilities other than those above stated...
Total
4,581
REPORT OP THE COMPTROLLER OF THE CURRENCY.
311
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
ILLINOIS—Continued.
CHICAGO (CENTRAL RESERVE CITY BANKS).
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
14 banks.
13 banks.
13 banks.
9 banks.
10 banks.
548,897
312
575,017
154
531,544
388
531,599
188
558,572
143
17,575
16,424
38, 571
13,968
112
12,610
21,924
39,917
11,171
112
76,708
17,978
44,337
43,950
11,499
112
76,887
19,037
46, 560
36,256
11,159
77
83,317
21,381
62,027
34,913
11,479
72
19,268
18,897
24,886
67,917
62,437
20,891
26, 548
1,285
1,726
20,671
28,319
1,325
1,581
20,249
30,382
1,520
1,854
30
7,764
33
25
7,161
23,880
30,362
1,608
1,783
28
8,880
RESOURCES.
Loans and discounts (including rediscounts).
Overdrafts
Customer's liability account of "acceptances "
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
72,584
20,927
64,700
18,353
29,356
1,275
1,464
30
3,085
74,885
26,266
73,282
847,633
885,005
872,305 |
876,707
929,561
55,450
43,295
50,450
41,295
50,450
41,295
49,550
41,100
49,440
41,105
22,571
599
97,596
22,650
599
147,687
22,224
638
132,731
21,773
499
124,291
22,065
575
140,351
138,364
3,371
5,165
405,372
161,824
5,293
6,062
390,653
158, 589
3, 886
5,845
393,034
141,822
3,929
5,977
419,968
132,458
4,291
7,514
454,889
18,815
11,869
20,026
14,228
21,507
9,221
23,040
5,753
24,716
13,202
115
615
2,678
7,851
560
3,722
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
,
Time deposits (including postal savings
deposits)
,
United States deposits
United States Government securities
borrowed
Bills payable (including all obligations
representing money borrowed other
than rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated...
Total
,
27
173
23,542
17,284
944
12,446
980
17,574
2,151
18,369
1,886
21,659
1,298
2,036
617
10,116
959
10,079
829
9,805
718
10,410
847,633
885,005
872,305
876,707
929,561
312
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
ILLINOIS—Continued.
CHICAGO (OTHER RESERVE CITY BANKS).
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
14 banks.
14 banks.
14 banks.
18 banks.
18 banks.
20,713
9
6,638
10,861
893
99
2,186
20,028
6
7,738
11,027
997
68
2,224
19,952
7
8,174
11,941
944
133
2,024
21,711
7
9,658
13,741
1,636
72
2,570
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures:
Other real estate owned...
Lawful reserve with Federal reserve bunk.
Items with Federal reserve bank in process of collection.
Cash in vault and amount due from national banks .
Amount due from State banks, bankers,
and trust companies. .
. .
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer.
Other assets
Total
22,647
10,410
14,585
1,699
82
2,754
380
333
344
448
362
3,475
3,294
2,898
3,673
3 856
450
427
339
906
495
64
109
63
73
139
38
126
153
40
117
193
85
231
143
61
62
62
62
77
182
80
176
171
193
233
46,178
46,636
47,308
55,087
57,645
2,275
703
2,275
713
2, 275
713
3,175
910
3,325
903
1,228
26
807
1,024
1,232
25
1,245
1,234
28
1,024
1,541
132
1 231
1,591
134
365
65
462
12,248
427
88
496
13,300
335
103
526
13,814
612
169
498
16,269
609
135
693
17,809
27 270
74
26 594
129
26 346
102
29 901
115
30 443
269
474
140
430
595
330
45
40
30
9
127
1
152
46,636
127
3
143
10
163
47,308
55} 087
57,645
LIABILITIES.
Capital stock paid in
Surplus fund
....
All other undivided profits, less expen ses
and taxes paid..
National-bank notes outstanding..
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savirgs
United States deposits
Bills payable (including all obligations
representing money borrowed other than
rediscounts) .
Notes and bills rediscounted
Letters of credit and travelers' checks scld
for cash and outstanding
Liabilities other than those above stated...
Total
46,178
REPORT OF THE COMPTROLLER OF THE CURRENCY.
313
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
ILLINOIS—Continued.
PEORIA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
4 banks.
4 banks.
4 banks.
4 banks.
4 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house,furniture,and fixtures
Other real estate owned
Lawful reserve with Federalreserve bank..
Items with Federalreserve bank in process
of collection
Cash in vault and amount due from national
banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banksin the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
6,373
5
3,616
2,341
743
5
1,278
17,976
4
16,758
10
17,186
6
17,316
5
3,826
2,414
744
5
5
4,357
2,538
739
5
1,401
4
4,459
2,150
742
340
5
4,573
2,275
744
340
1,452
1,498
1,419
112
165
137
3,170
100
332
139
320
3
31
178
159
2,820
2,425
143
355
8
40
92
20
53
92
20
102
288
1
32
92
26
28,093
30,289
30,246
29,878
29,998
2,100
2,750
2,100
2,750
2,100
2,750
2,100
2,750
2,100
2,850
927
1,835
924
1,819
1,009
1,809
1,023
1,838
972
1,836
126
274
1
19
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federalreserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
D d deposits
Demand
deposit
i t
ime depoosits (s
deposits)
e p t ))
including postal savings
United
i t d St
States deposits
United States Government securities borrowed
Acceptances executed for customers, etc..
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated..
Total.
18587°—23
21
352
842
833
666
085
2,470
66
60
8,593
3,389
43
159
9,649
2,832
70
828
9,733
2,873
50
103
10,176
2.911
53
107
10,110
8,622
233
8,425
145
8,168
8,184
90
8,007
S47
5
4
1
75
42
28,093
30,289
4
16
30,246
29,878
29,998
314
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
INDIANA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
247 banks. 246 banks.
246 banks,
163,614
237
156,519
238
158,495
329
159,263
238
158,218
306
131
38,762
30,799
7,960
909
12,081
53
38,014
30,672
8,443
975
6
38,475
32,542
8,281
1,125
12,249
40,005
35,251
8,581
1,110
41,595
37, 727
8,811
1,179
12,350
12,631
245 banks. 245 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "Acceptances' '
United States Government securities
Other bonds, stocks, securities, etc
Banking house,furniture, and fixtures
Other real estateowned
Lawful reserve with Federal reserve bark.
Items with Federal reserve bank in pr oc ess
of collection
Cash in vault and amount due from national
banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
1,709
24,560
1,305
1,625
11,190
1,606
24,449
2,236
29,628
1,564
775
667
641
1,927
2,256
25,817
27,236
1,651
823
669
581
1,062
847
1,253
777
547
801
1,040
600
287,230
277,177
288,803
1,529
1,314
963
772
1,065
460
290,645
23,438
12,768
23,663
12,314
23,663
12,251
24,013
12,391
24,012
12,424
5,475
20,918
193
1,843
5,133
20,596
281
2,427
5,586
21,066
307
2,567
5,301
21,123
377
2,200
5,966
21,386
454
2,376
10,567
189
749
121,494
10,538
224
1,143
111,603
12,436
369
747
124,304
11,526
247
712
127,078
11,855
238
676
129,135
76,376
707
76,044
715
76,408
471
78,311
340
79,644
1,002
1,402
2,164
1,506
1,412
1,334
74
46
9
5,757
4,561
5,065
4,580
5
132
7
58
3,452
2,883
6
11
576
761
2
428
435
277,177
288,803
290,645
295,122
1,068
722
1,072
367
295,122
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, ar d
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated..
Total
287,2
14
2,542
2,625
2,667
1,496
3
5
3
5
REPORT OF THE COMPTROLLER OF THE CURRENCY.
315
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
INDIANA—Continued.
INDIANAPOLIS.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
6 banks.
6 banks.
6 banks.
6 banks.
6 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances "
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
,
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
50,179
21
48,361
26
47,722
20
46,407
16
48,562
23
492
12,414
5,410
2,571
63
3,991
391
10,923
5,391
2;471
64
3;789
362
11,882
5,201
2,470
64
3,822
237
12,366
5,512
2,470
66
4,438
382
12,653
5,680
2,468
71
3,891
4,741
3,545
4,023
4,964
4,128
6,713
5,750
7,848
6,678
6,798
1,784
1,153
391
1,474
1,089
397
653
2,006
959
632
728
2,237
1,417
353
841
1,853
1,085
605
695
327
226
266
277
351
353
306
319
261
91,158
84,867
88,443
88,606
89,474
6,700
3,405
6,700
3,405
6,700
3,405
6,700
3,230
6,700
3,180
2,329
6,315
150
4,217
2,253
6,372
189
4,G37
2,604
6,327
182
5,024
2,734
6,344
170
4,573
2,816
6,372
333
5,319
11,463
200
400
40,526
10,534
365
749
36,337
12,662
232
520
40,784
11,597
270
456
44,126
11,388
193
553
41,955
3,957
2,244
3,717
1,578
3,777
1,147
4,065
867
4,227
1,242
1,536
1,521
1,192
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Liabilities other than those above stated...
Total
1,777
1,721
3,766
1,796
3,896
873
1,928
914
247
2,380
1,110
15
492
1,481
12
478
583
641
93
26
655
81
24
425
65
91,158
84,867
88,443
88,606
89,474
316
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—-Contd.
IOWA.
Jin thousands of dollars.j
Dec. 31,
1921.
339 banks.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
338 banks. 338 banks. 336 banks. 338 banks.
EESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.,
Items with Federal reserve bank in-proces:s
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers
and trust companies
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
196,021
354
29,603
9,709
7,226
1,775
192,962
482
28,181
9,913
7,196
2,154
10,285
P,422
751
17,569
1,515
337
832
601
191,750
436
26,184
9,345
7,241
2,515
10,165
187,054
359
25,293
9,146
7,248
2,573
9,792
186,577
489
25,353
9,939
7,326
2,921
9,719
861
1,036
22,822
21,595
21,720
1,910
311
582
583
1,700
385
626
623
1,641
350
564
529
20,546
1,699
337
518
499
845
190
835
207
831
171
155
828
138
276,750
279,284
274,432
268,050
267,925
20,850
12,287
20,800
12,153
20,750
12,102
20,700
11,991
20,775
11,965
4,313
16,558
2
1,873
4,871
16,538
8
2,737
4,997
16,543
67
2,310
4,562
16,448
67
2,807
4,979
16,509
66
2,660
10,049
102
1,2.17
81,284
13,829
211
1,460
13,688
202
980
87,581
12,937
283
1,045
84,282
11,988
175
965
85,796
86,918
348
87,922
392
89,444
334
91,518
261
92,808
241
1,305
1,208
933
768
33
30
28
12,701
26,758
8,946
18,487
6,902
17,261
4,572
15,616
3,931
14,065
5
147
4
300
4
306
1
184
2
307
276,750
279,284
274,432
268,050
267,925
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Liabilities other than those above stated...
Total
REPORT OF THE COMPTROLLER OF THE CURRENCY.
317
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
IOWA—Continued.
CEDAR RAPIDS.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
2 banks.
2 banks.
2 banks.
2 banks.
2 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances' '
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with TFederal reserve bank.
Items with Federalreserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Total.
14,600
2
12,874
12,214
5
11,999
1
1,943
837
255
205
1,117
1,630
721
255
204
1,433
1,779
871
255
202
1,415
2,004
885
255
201
1,370
1,104
1,236
1,157
1,062
1,968
2,428
1,845
1,987
241
345
513
143
42
592
165
433
393
267
126
12,029
6
14
2,521
871
255
200
1,110
1,399
1,121
821
215
36
40
40
40
40
40
23,320
21, 520
20,973
20,590
20, 638
800
700
800
700
800
700
800
700
800
700
340
783
1,419
470
784
2,149
575
786
2,047
418
793
1,815
508
794
1,685
5,121
4
108
4,647
7,441
5
113
4,566
6,537
11
107
4,643
6,395
31
115
4,915
6,257
8
103
4, 876
4,029
36
4,087
365
4,039
98
4,150
458
4,077
158
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier s checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Acceptances executed for customers, etc..
Liabilities other than those above stated-..
Total.
584
2,279
2,470
500
158
14
433
197
40
23,320
21, 520
20,973
20,590
20,638
318
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
IOW A—Continued.
DES MOINES.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept.
ept. 15.
15
1922.
3 banks.
3 banks.
3 banks.
3 banks.
3 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal Reserve bank in process
of collection
Cash in vault and amount due from national banks
—
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Total
24,802
8
2,491
1,738
517
4
1,834
23,584
6
2,420
1,633
518
4
2,116
24,879
27
2,622
1,603
209
310
2,566
1,386
1,899
1,940
1,761
6,583
3,531
3,036
478
525
122
75
574
349
8
103
643
437
50
177
928
469
31
69
23,021
36
2,616
1,646
520
2,345
*
1,561
22,441
3,200
1,733
222
310
2,546
1,529
2,694
628
379
58
72
78
78
77
78
78
35,819
39,875
39,071
36,356
35,904
2,500
1,400
2,500
1,400
2,500
1,400
2,500
1,400
2,500
1,400
434
1,533
2,299
607
1,539
3,651
654
1,552
2,964
694
1,537
2,835
651
1,555
2,860
6,120
34
514
14,102
9,261
116
321
15,471
7,663
112
139
17,438
7,685
86
311
14,841
7,308
61
229
14,985
4,119
196
4,235
200
3,732
196
3,762
193
3,660
246
301
294
290
286
326
1,739
202
78
202
95
110
226
35, 819
39,875
39,071
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due t o national banks
Amount due t o State banks, bankers, and
t r u s t companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other thun
rediscounts)
Notes and bills rediscounted
Liabilities other t h a n those above s t a t e d . .
Total
204
36,356
35,904
REPORT OF THE COMPTROLLER OF THE CURRENCY.
319
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd,
I O W A—Cont inued.
DUBUQUE.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
3 banks.
3 banks.
3 banks.
3 banks.
3 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve banks
Cash in vault and amount due from national banks
..
Amount due from State banks, bankers,
and trust companies
..
Exchanges for clearing house
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
.
Other assets
Total
^
3,689
5
1,190
1,169
140
37
380
3,162
2
1,444
1,332
139
37
398
3,281
2
1,244
1,399
141
37
409
3,299
2
1,175
1,624
179
1
425
3,166
2
1,157
1,659
143
37
392
854
1,077
1,109
774
1,025
149
96
30
81
73
37
103
77
25
56
72
31
173
53
14
20
34
20
38
20
33
20
24
20
7,793
7,840
7,880
7,682
7 841
525
245
525
245
525
245
525
255
525
255
172
397
102
197
400
111
221
399
103
167
400
133
200
399
117
1,260
39
2,737
1,407
10
30
2,646
1,225
3
24
2,843
1,163
6
34
2,586
1,018
2
25
2,841
2,223
3
2,264
3
2,287
3
2,409
3
2,455
3
LIABILITIES.
Capital stock paid in
Surplus fund .
.
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
....
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Liabilities other than those above stated...
Total
87
3
2
2
1
1
7,793
7,840
7,880
7,682
7,841
320
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
IOWA—Continued.
SIOUX CITY.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
5 banks.
5 banks.
5 banks.
5 banks.
5 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
.
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place. .
Outside checks and other cash items
Redemption fund and due from Unitecl
States Treasurer
Other assets
Total
21,806
13
2,446
1,252
562
36
1,480
19,745
28
2,444
1,880
568
46
1,822
18,872
31
2,803
1,604
568
47
1,741
18,537
15
3,185
1,460
568
55
1,759
18,642
40
3,405
1,992
569
55
1,699
456
574
489
514
2,500
3,784
3,976
3,457
1,816
879
281
64
83
1,282
448
6
166
1,101
368
144
156
1,029
342
55
149
1,015
339
143
161
49
12
49
10
49
11
31,919
32,852
31,930
31,150
30,439
1,500
945
1,500
945
1,500
945
1,500
945
1,500
945
156
959
1,496
262
970
2,781
297
972
2,848
229
966
2,743
200
971
2,248
5,312
84
371
8,876
8,630
28
463
9,737
7,462
41
757
9,511
8,057
47
494
7,253
22
542
9,225
5,877
231
5,935
18
6,527
124
294
5,783
35
1,546
37
916
30
28
363
32
31,919
32,852
31,930
31,150
30,439
I.
49
LIABILITIES.
Capital stock paid in
Surplus fund
All other individual profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Liabilities other than those above stated...
Total
7,101
37
REPORT OF THE COMPTROLLER OF THE CURRENCY.
321
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
KANSAS.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
258 banks. 258 banks. 258 banks. 258 banks. 258 banks.
BESOTJRCES.
Loans and discounts (including rediscounts)
'
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
,
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash i n vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks i n the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
105,747
323
101,500
411
101,477
345
104,131
369
104,097
427
17,416
7,231
4,793
797
7,430
17,415
6,281
4,875
928
7,531
16,130
6,677
4,962
1,002
7,171
16,279
7,262
5,024
1,068
7,340
35
17,133
6,877
5,120
1,173
7,993
111
148
126
20,280
20,322
19,889
22,744
23,114
3,236
280
403
3*4
3,386
186
270
299
3,305
165
315
322
S,871
179
371
293
3,843
217
332
361
515
414
517
515
260
501
273
264
169,372
164,285
162,646
169,853
171,610
13,928
7,766
13,978
7,773
13,947
7,733
13,947
7,808
14,023
7,782
3,132
10,261
1,945
3,156
10,268
1,930
3,621
10,170
1,747
3,183
9,961
2,444
3,616
9,987
2,471
5,668
59
1,288
84,708
6,858
56
1,344
80,117
6,278
118
906
79,312
6,463
85
1,014
86,060
7,045
50
897
87,324
31,151
647
30,630
1,103
31,627
499
32,501
551
32,489
1,175
74
63
63
73
63
2,608
4,884
2,196
3,628
1,984
3,513
1,553
3,124
1,452
2,195
220
201
190
18
35
145
169,372
164,285
169,853
171,610
163
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due t o national banks
Amount due t o State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations representing money borrowed other than rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, e t c . . .
Liabilities other than those above stated...
Total
1,028
843
12
162,646
322
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
KANSAS—Coat inued.
KANSAS CITY.
| In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
J u n e 30,
1922.
Sept. 15,
1922.
2 banks.
2 banks.
2 banks.
2 banks.
2 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Total.
5,891
15
905
538
132
616
5,679
15
909
547
132
584
5,645
6
992
564
132
613
5,731
12
997
536
150
751
6,084
5
810
531
150
567
648
643
614
728
857
2,167
1,795
1,174
2,030
1,236
19
154
163
920
56
635
106
7
1,210
293
12
752
184
10
25
25
25
25
25
11,323
11,314
10,513
12,475
11,211
500
700
500
700
500
700
800
500
800
89
488
1,226
117
485
1,364
105
496
954
49
495
1,633
82
496
1,269
2,062
2
141
4,961
2,664
4
59
4,219
2,202
6
43
4,169
2,410
4
20
5,346
2,478
24
18
4,373
1,111
43
1,064
138
1,113
42
1,108
10
1,165
6
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
Bills payable (including all obligations representing money borrowed other than rediscounts)
Notes and bills rediscounted
Total.
183
11,323
11,314
10,513
too
12,475
11,211
REPORT OF THE COMPTROLLER. OF THE CURRENCY.
323
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
K A N S A S—Coat inued.
TOPEKA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
J u n e 30,
1922.
Sept. 15,
1922.
4 banks.
4 banks.
4 banks.
4 banks.
4 banks.
5,084
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks . .
Amount due from State banks, bankers,
and trust companies
. .Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
4,785
5
1,240
1,193
311
9
780
5,103
4,860
5,134
1,494
1,195
311
8
788
1,478
1,401
312
8
830
1,469
1,460
311
6
835
1,806
1,567
312
6
908
11
12
11
10
10
1,978
2,065
2,009
2,452
2,220
187
231
29
53
270
126
12
27
244
143
9
19
251
258
13
27
217
188
42
8
25
27
25
31
27
23
30
26
30
21
10, 864
11,451
11,621
12,015
12, 474
900
245
900
245
900
245
900
245
900
245
109
498
1,015
147
497
1,138
166
548
1,066
106
600
1,038
142
598
1,166
1,023
8
97
6,244
1,034
8
70
6,569
1,054
6
58
6,840
1,222
11
36
7,121
1,162
5
56
7,316
261
442
22
271
550
22
282
437
19
275
444
17
342
523
19
10,864
11,451
11,621
12,015
12,474
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits).
United States deposits
Liabilities other than those above stated.
Total
324
REPORT OF THE COMPTROLLER. OF THE CURRENCY.
Abstract of reports since September 6} 1921, arranged by States and reserve cities—Contd.
KANSAS—Cont inued.
WICHITA.
[In thousands of dollars.)
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
June 30,
1922.
1922.
3 banks.
3 banks.
3 banks.
3 banks.
16,224
13
980
1,244
1,487
125
16,305
13
742
1,544
1,768
125
1,069
15, 732
23
805
1,847
1,884
138
1,315
17, 528
17
2,934
2,832
2,074
139
1,860
Sept. 15,
1922.
3 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
1,114
507
3,037
1,455
344
183
22
18,026
23
2,599
2,955
2,294
139
1,674
343
432
410
682
2,606
2,874
1,742
2,480
1,553
255
104
32
2,119
377
155
47
1,579
531
174
21
1,692
442
179
90
5
124
5
12
5
58
5
27
26, 767
26,464
27,877
31, 858
33,338
2,200
1,225
2,200
1,225
2,200
1,225
2,200
1,225
2,200
1,225
258
159
100
3,473
180
99
4,390
182
100
4,113
211
100
4,662
4,325
30
154
9,961
4,154
133
465
9,213
4,462
25
434
9,914
4,688
26
479
11, 325
4, 810
7
468
11,699
3,272
194
3,411
303
3,776
133
6,555
140
5,690
1,083
853
751
191
74
106
27, 877
31,858
33,338
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Liabilities other than those above stated..
Total
439
376
1,272
72
50
651
74
26,767
26,464
KEPORT OF THE COMPTROLLER OF THE CURRENCY.
325
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
KENTUCKY.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
131
131
banks.
May 5,
1922.
131
banks.
June 30,
1922.
132
banks.
Sept. 15,
1922.
132
banks.
EESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
93,245
192
90,167
244
90,304
234
90,937
183
91,387
259
72
21,843
8,674
3,246
309
10
22,165
8,517
3,279
337
6,311
6,320
125
21,823
8,918
3,300
327
5,990
76
21,254
9,247
3,384
300
6,245
168
21,854
9,866
3,492
281
5,951
128
166
13,246
418
398
529
301
14,247
585
82
347
142
2.53
246
591
111
149,579
147,142
154
79
235
11,023
12,119
11,481
219
145
211
174
534
200
341
225
480
123
177
231
593
74
573
83
586
111
143,614
145,780
146,682
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Times deposits (including postal savings
deposits)
United States deposits
United States Government securities
borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
N otes and bills rediscounted
Acceptances executed for customers, etc...
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated..
Total
13,321
7,758
13,371 j
7,765
13,396
7,775
13,358
8,025
13,691
8,069
2,582
11,617
12
544
3,063
11,724
19
568
3,584
11,779
10
680
2,862
11,831
26
780
3,360
11,789
17
612
1,840
141
551
73,150
2,106
83
184
71,817
1,950
142
176
67,286
2,211
140
301
69,310
1,961
141
218
68,019
28,401
345
30,135
470
31,258
428
32,062
370
33,418
420
892
830
623
684
642
70
2,655
1,245
168
5,384
2,796
72
3,160
1,556
10
173
25
256
179
262
187
149,579
147,142
143,614
145,780
146,682
2,818
1,406
124
2,177
1,305
76
326
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
K E N T U C K Y - Continued.
LOUISVILLE.
[In thousands of dollars.]
June 30,
Deo. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
1922.
Sept. 15,
1922.
4 banks.
4 banks.
4 banks.
4 banks.
4 banks.
56,092
13
53,160
19
46,077
11
45,457
36
44,442
44
156
9,680
8,198
209
70
111
10,422
8,625
220
70
270
16,246
9,644
166
78
125
13,346
9,885
196
78
3,545
4,897
127
11,969
9,276
245
78
4,188
4,446
4,074
5,189
4,950
2,485
1,262
1,080
2,729
1,941
904
254
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances "
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same plac e...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
4,423
5,426
4,112
5,068
3,563
5,841
1,366
841
2,390
857
254
2,469
871
3
105
288
143
208
140
208
199
208
156
208
266
208
257
8S,58L
88,709
85,632
88,027
85,914
4,500
4,300
4,500
4,300
4,500
4,300
4,500
4,300
4,500
4,300
1,932
4,158
6,789
1,926
4,158
6,868
1,971
4,089
6,259
1,941
4,131
6,834
2,328
4,136
6,578
10,115
93
282
31,042
14,019
86
375
31,032
11,357
120
249
33,727
11,899
163
571
29,530
12,132
125
288
31,672
15,502
1,036
15,800
1,254
15,921
16,082
1,179
16,373
737
1,079
1,060
634
1,729
5,690
156
178
43
2,745
112
431
835
254
137
391
4,116
356
271
260
1,120
288
141
294
88,581
88,709
85,632
88,027
85,914
LIABILITIES.
Capital stock paid in
Surplus fund
AH other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities
borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Acceptances executed for customers, etc...
Liabilities other than those above stated...
Total
,
902
REPORT OF THE COMPTROLLER. OF THE CURRENCY.
327
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
LOUISIANA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
J u n e 30,
1922.
Sept. 15,
1922.
34 banks.
34 banks.
34 banks.
33 banks.
33 b a n k s .
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
47,890
46,365
42
5,316
3,862
3,222
219
3,181
5,582
3,833
3,388
166
3,050
47,064
62
46,557
64
48,092
65
5,469
3,049
3,344
309
3,262
5,669
3,305
3,481
288
3,214
10
5,792
3,431
3,525
392
3,270
24
842
704
570
523
616
4,734
5,693
6,031
6,772
6,005
3,062
307
157
280
2,670
303
84
168
2,520
224
90
155
2,984
510
112
143
2,761
395
102
104
135
904
135
151
135
183
142
91
141
85
74, 280
72,358
72, 467
73, 855
74,786
5,450
3,457
5,950
3,260
5,950
3,253
5,900
3,243
5,900
3,249
575
2,713
265
1,259
831
2,703
301
1,451
965
2,691
317
1,424
860
2,800
188
1,398
1,056
2,808
209
1,797
3,789
25
468
34,087
4,288
40
357
35,156
4,862
41
364
35, 331
4,985
24
240
36,732
4,928
17
324
36,046
12,006
67
11,852
107
12,181
148
12,336
144
12,248
135
2,201
6,533
4,974
442
4,307
158
4,624
433
5,566
10
83
1,292
5
23
170
171
218
10
60
74,280
72,358
72,467
73,855
74,786
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc..
Liabilities other than those above stated..
Total
20
328
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
LOTJI S I AN"A—Continued.
NEW ORLEANS.
[In thousands of dollars.)
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
1 bank.
1 bank.
1 bank.
1 bank.
1 bank.
KESOI7KCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from r ational banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
,
Other assets
Total.
26,687
25,247
9
23,249
9
23,402
15
775
1,773
2,724
3,686
27
2,865
700
2,460
1,168
3,727
27
2,431
608
2,600
1,065
3,728
28
2,788
4,355
1,034
3,719
23,801
18
532
4,577
1,065
3,719
2,516
2,542
833
601
545
644
662
1,345
1,636
2,037
2,092
1,139
1,234
526
376
947
1,077
159
90
1,113
281
128
952
1,148
757
1,037
1,226
140
50
76
22
76
104
76
149
76
150
76
80
44,102
40,459
39,156
41,182
41,617
2,800
2,000
2,800
2,000
2,800
2,000
2,800
2,000
2,800
2,000
1,013
1,497
1,672
1,129
1,499
2,557
1,112
1,520
1,855
834
1,493
1,999
939
1,520
2,098
5,977
73
1,647
21,154
6,676
35
96
20,872
5,273
119
53
21,184
6,927
102
81
23,600
5,448
81
60
24,752
544
403
775
996
1,262
216
775
196
1,115
116
126
103
2,000
2,213
652
921
942
820
375
612
40, 459
39,156
41,182
41,617
81
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Acceptances executed for customers, etc...
Acceptances executed by other banks for
account of this bank
Total.
331
44,102
76
REPORT OF THE COMPTROLLER OF THE CURRENCY.
329
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
MAINE.
[In thousands of dollars.
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
60 banks.
60 banks.
60 banks.
60 banks.
60 banks.
54,528
30
54,103
31
53,809
23
53, 637
33
53,502
33
13
12,672
31,695
1,825
103
6
12, 719
33 094
1,863
114
4,256
44
13,849
33,965
1,878
122
4,533
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of " acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
37
12,827
29,764
1,815
119
4,189
654
5,313
210
371
108
295
274
67
110,601
12,940
31,014
1,814
114
4,237
442
6,228
4,165
494
590
558
5,580
7,551
178
514
114
300
313
383
79
285
196
310
75
195
6,913
183
312
65
220
282
90
282
116
282
106
282
111
112,890
113,386
117,488
112,0
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated...
Total.
18587
7,045
4,451
7,045
4,458
7,045
4,458
7,045
4,561
7,245
4,686
3,179
5,366
144
289
3,650
5,565
143
302
3,777
5,577
294
318
3.517
5,564
226
268
3,891
5,590
170
277
1,777
51
223
29,698
2,130
66
183
27,949
1,751
54
276
29,980
1,542
157
265
33,113
1,726
106
256
33,790
55,027
277
56,752
479
57,303
305
54,782
260
58,122
366
122
37
1,535
1,353
1,871
1,412
912
749
1,191
570
326
13
110,601
29
78
318
24
112,080
112,890
113,386
117,488
330
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
MARYLAND.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
78 banks.
77 banks.
77 banks.
75 banks.
75 banks.
45,783
39
45,103
33
45,127
31
45,919
37
46,281
42
22
11,126
23,264
1,971
220
3,176
22
10,903
23,435
2,025
194
3,110
10,415
24,027
2,023
196
3,111
9,685
24,128
1,993
201
3,196
9,710
24,816
2,013
208
3,325
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
.
. . . .
Customer's liability account of "acceptances"
.'.
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from njvtional banks.
Amount due from State banks, bankers,
and trust companies .
...
......
Exchanges for clearing house
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
19
23
30
27
33
3,990
4 176
4 533
4 029
5 310
442
62
135
102
381
27
80
67
654
25
118
77
688
43
151
90
642
24
152
60
194
51
193
50
193
42
195
51
194
49
90,596
89,822
90,602
90,433
92,859
5,079
4,879
5,079
4,875
5,079
4,870
5,029
4,965
5,029
4,995
1,471
3,840
57
94
1,651
3,833
66
101
1,897
3,834
75
92
1,599
3,873
77
97
1,847
3,869
85
155
340
77
139
22,332
494
96
69
21,702
431
68
88
23,022
367
64
138
21,909
441
104
132
24,120
48,981
43
49,340
44
48,953
144
50,008
67
50,455
73
51
11
20
48
2,683
449
29
2,115
272
2
1,639
337
1,678
460
52
22
50
53
54
35
90,596
89,822
90,602
90,433
92,859
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expense:?
and taxes paid
.National-bank notes outstanding
Due to Federal reserve banks.
Amount due to national banks
Amount due to State banks, bankers, anc.
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
United States deposits .
. .
United States Government securities borrowed.
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Acceptances executed for customers, etc...
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated..
Total
1,218
301
EEPOKT OF THE COMPTROLLER OF T H E
CURRENCY.
331
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
M A R Y L A N D - Continued.
BALTIMORE.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
12 banks.
12 banks.
12 banks.
12 banks.
11 banks.
99,358
5
97,886
10
98,843
17
96,952
6
92,780
21
1,812
17,581
14,642
3,303
501
8,719
997
14,746
14,671
3,385
491
8,348
296
12,998
16,010
3,393
496
8,792
217
13,898
17,041
3,416
503
9,842
314
16,186
17,416
3,445
521
9,612
10,686
7,861
9,670
11,183
12,617
9,205
7,864
7,805
8,091
7,217
1,463
4,951
1,942
1,085
705
4,758
987
210
1,233
5,198
560
264
2,001
8,686
1,260
625
1,135
5,658
507
205
282
493
282
542
304
254
176,028
163,743
166,171
174,279
279
484
168,397
13,400
11,875
13,400
11,875
13,400
11,875
13,400
12,075
12,900
11,075
4,612
5,551
7,314
5,444
5,572
9,060
5,477
5,803
8,972
4,998
6,039
8,523
5,120
5,566
9,907
21,475
1,118
300
76,790
18,909
1,004
462
71,756
20,475
1,205
328
76,224
24,563
1,100
594
83,585
20,913
1,139
933
78,078
11,160
2,917
12,159
2,837
13,228
2,380
14,151
1,699
14,796
2,713
2,297
1,658
1,104
535
720
7,671
7,175
5,764
2,234
3,541
1,283
1,780
461
2,975
716
1,791
973
21
561
24
612
176,028
163,743
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national
banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing money borrowed other than rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, e t c . . .
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated...
Total
1
287
9
584
166,176
5
559
1
300
14
531
174,279
168,397
212
332
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
MAS S ACHTTSETTS.
[In thousands of dollars.]
Dec. 31,
1921.
147 banks.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
147 banks. 147 banks. 146 banks. 145 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks; securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national
banks
Amount due from State banks, banker?,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
221,850
73
223,435
79
223,424
85
22,906
81
77
1,077
46,803
58,200
9,589
630
575
48,362
63,429
9,740
652
16,029
422
49,849
68,626
9,783
596
17,506
645
281
50,571
74,743
9,807
52,941
77,856
10,136
227,305
594
777
17,919
18,845
16,678
2,513
2,472
3,694
4,122
23,331
24,153
24,146
27,327
429
1,095
507
472
1,004
342
612
457
863
407
692
546
1,427
542
981
474
1,278
532
1,095
874
398
885
442
878
409
883
481
887
473
388,362
391,902
400,622
409,966
424,4C6
26,868
19,553
26,868
19,712
27,068
19,842
26,917
19,873
27,093
19,648
13,219
17,195
1,086
717
14,419
17,531
1,069
522
14,845
17,569
984
571
14,443
17,554
1,382
749
15,661
17,618
1,457
787
9,922
680
867
175,874
11,097
527
587
173,736
11,333
658
610
179,927
10,700
990
781
183,448
10,526
657
661
194,435
109,484
3,359
114,859
4,212
119,922
2,317
123,439
1,607
128,704
1,980
19
19
25
3,343
25,930
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expense?
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, anc
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing money borrowed other than rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
,
Acceptances executed for customers, e t c . .
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated..
Total
48
4,521
3,449
3,102
2,524
2,117
1,984
4,028
2,973
2,468
1,966
1,088
581
451
645
38
278
1
431
5
463
5
400
418
404
388,362
391,902
400,622
409,966
424,406
REPORT OF THE COMPTROLLER OF THE CURRENCY.
333
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd,
MASSACHUSETTS—Continued.
BOSTON.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
15 banks. 15 banks.
13 banks.
13 banks.
13 banks.
359,898
41
358,995
19
353,972
22
359,037
29
357,105
73
32,746
15,219
33,490
7,937
4,263
32,852
25,781
21,240
30,440
7,945
5,018
29,972
30,166
34,081
7,966
6,034
35,543
30,620
41,539
42,442
8,040
6,289
36,250
28,410
47,031
42,189
8,144
6,653
36,932
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of " acceptances "
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with. Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount duefrom national
banks
'.
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and other cash items
Eedemption fund and due from United
States Treasurer
Other assets
Total.
21,823
26,034
5,338
15,611
56
2,473
142
10,675
33,417
16,164
20,329
5,172
13, 726
6
808
135
10,751
17,545
21,992
22,686
21,468
25,899
23,237
5,036
14,301
1
1,104
5,304
23,652
8
2,587
9,508
15,070
15
1,991
137
11,214
125
12,131
135
11,722
568,598
549,946
568,562
615,944
610,901
36,750
38,642
36,750
38,646
36,600
38,546
36,600
38,550
36,600
38,550
12,562
2,636
33,301
14,856
2,627
36,834
14,519
2,546
36,504
13,789
2,449
35,758
15,439
2,674
39,876
49,442
1,808
3,965
292,715
53,796
2,933
3,564
280,015
54,543
2,573
3,044
294,198
55,320
3,058
4,495
322,518
54,678
3,039
5,228
314,391
22,450
10,742
24,670
11,103
30,147
8,368
40,382
6,998
45,257
8,602
1,166
966
851
716
441
3,650
23,051
1,627
13,000
821
11,001
1,225
20,570
540
14,376
128
32,515
143
26,621
163
31,606
242
30,841
158
27,754
2,817
258
1,718
77
2,469
63
2,367
3,177
121
568,598
549,946
568,562
615,944
610,901
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers7 checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated...
Total
334
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
MICHIGAN.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
112 banks. 113 banks. 113 banks. 113 banks. 113 banks.
RESOURCES.
Loans and discounts (including rediscounts)
—
Overdrafts
Customer's liability account of "acceptances "
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national
banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house....
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
108,574
21,812
42,144
5,972
580
110,788
107
109,894
74
110,211
79
109,875
99
19
21,764
42,256
6,106
610
20
21,367
43,148
6,410
398
21
20,450
45,033
6,568
405
4
21,774
46,864
6,596
432
7,877
8,074
8,399
368
282
226
14,057
2,726
721
247
404
17,436
2,760
717
234
444
7,742
158
13,979
181
15,473
2,160
686
295
359
2,180
403
208
383
14,553
2,416
514
245
337
452
264
450
202
448
224
450
205
450
208
205,263
209,169
208,293
209,933
216,518
12,450
7,894
12,468
7,902
12,470
7,927
12,475
8,107
13,025
8,611
3,788
8,869
7
532
4,349
8,848
15
4,983
8,870
17
533
4,154
8,873
31
446
4,688
8,940
12
704
2,689
226
448
56,269
4,019
154
270
62,245
3,328
236
390
61,438
2,612
217
399
63,487
4,103
272
424
66,330
103,453
465
103,231
446
103,835
360
105,003
216
105,664
896
468
376
467
381
125
4,363
3,083
2,381
1,512
1,696
1,462
1,803
1,179
1,309
1,165
1
20
8
21
7
4
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, e t c . . .
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated...
Total
258
19
241
260
521
238
205,263
209,169
208,293
209,933
216,518
REPORT OF THE COMPTROLLER OF THE CURRENCY.
335
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
MICHIGAN—Continued.
DETROIT.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30.
1922.
Sept. 15,
1922.
3 banks.
3 banks.
3 banks.
3 banks.
3 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
,
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from
national banks
Amount due from State banks, bankers,
and trust companies
Exchangesf or clearing house
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
79,909
25
79,456
12
82,639
89,462
19
88,100
21
448
16,467
9,420
4,574
584
15,663
8,749
4,986
200
9,166
497
19,758
8,105
5,336
200
8,878
682
13,580
9,156
4,550
200
12,292
202
23,075
10,606
5,657
200
13,828
8,223
4,476
4,786
7,271
15,415
11,731
3,256
3,544
350
5,403
2,040
208
4,881
2,332
155
95
95
770
95
1,728
95
1,258
95
902
143,269
148,335
147,706
163,108
180,769
8,500
5,000
8,500
5,000
8,500
5,000
8,500
5,000
8,500
5,000
3,655
1,819
3,506
4,112
1,854
3,788
3,937
1,854
4,587
4,202
1,838
4,095
4,374
1,882
6,127
10,972
314
1,124
83,010
12,325
306
656
91,572
12,366
360
926
88,223
15,187
628
1,674
101,430
14,744
603
1,594
113,436
17,435
1,330
16,935
1,336
15,425
1,481
16,950
1,361
21,451
973
3,450
420
600
610
700
631
45
494
50
202
10,718
4,859
12,456
6,679
3,373
5,515
21,091
4,216
367
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, e t c . . .
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated...
Total
71
5,650
650
30
453
33
687
578
471
16
494
11
559
143,269
148,335
147,706
502
163,108
180,769
336
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
M I C H I G AN—Continued.
GRAND RAPIDS.
[In thousands of dollars.)
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
3 banks.
4 banks.
3 banks.
3 banks.
3 banks.
17,789
4
18,574
6
18,280
18
17,900
18
18,626
5
75
3,071
2,611
1,428
8
1,187
38
3,273
2,780
1,576
31
1,601
3,366
2,636
1,597
15
1,364
3,476
3,036
1,592
15
1,619
25
3,326
3,098
1,600
11
1,710
RESOURCES.
oans and discounts (including redisOverdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
...
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from
national banks
....
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
I..
483
452
326
362
643
2,352
2,638
2,319
2,063
3,038
525
475
6
55
603
313
11
21
560
432
3
22
523
430
6
26
579
358
3
12
100
57
100
73
100
86
100
94
100
95
30,226
32,090
31,124
31,260
33,229
2,100
1,275
2,300
1,275
2,100
1,275
2,100
1,275
2,100
1,300
672
2,000
349
735
2,000
582
874
1,996
447
800
1,983
375
894
1,991
456
1,714
86
2
11,580
2,087
145
1
11,086
2,105
64
4
10,332
1,926
32
4
10,520
2,381
42
3
12,961
8,849
147
10,739
153
10,707
145
10,625
152
10,572
146
1,044
165
430
726
200
925
13
38
341
3
1
75
333
346
342
11
25
347
30,226
32,090
31,124
31,260
33,229
LIABILITIES.
Capital stock paid in
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding.
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
Bills payable (including ail obligations
representing money borrowed other than
rediscounts). .
. . .
Notes and bills rediscounted.
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Liabilities other than those above stated...
Total
REPORT OF THE COMPTROLLER OF THE CURRENCY.
337
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
MINNESOTA.
[In thousands of dollars.]
Dec. 31,
1921.
326 banks.
Mar. 10,
1922.
May 5,
1922.
327 banks. 328 banks
June 30,
1922.
Sept. 15,
1922.
330 banks.
330 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances".^.
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate pwned
• Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national
banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
182,878
229
180,836
272
178,505
220
184,061
286
181,403
300
21,928
23,906
7,722
1,361
39
20,956
25,990
7,793
1,565
9,742
9,960
4
20,344'
24,823
7,980
1,875
9,727
4
21,994
27,439
8,067
1,934
10,872
5
23,072
27,396
8,156
2,040
10,205
187'
276
282
334
500
22,349
27,238
24,174
2,275
320
387
592
2,395
571
540
625
2,547
460
447
22,089
2,780
319
531
792
24,473
2,794
316
331
576
596
877
590
1,138
577
1,224
597
1,178
590
1,283
276,033
277,905
271,484
288,135
283,176
18,226
11,116
18,249
11,171
18,593
11,069
19,001
11,227
19,036
11,280
6,185
11,289
4,246
5,392
11,361
85
5,377
5,444
11,333
212
4,212
5,435
11,651
210
5,234
5,907
11,712
190
4,789
6,668
108
2,179
77,803
8,090
249
2,615
78,893
7,293
281
2,128
76,363
8,356
490
2,134
89,199
7,997
181
1,993
82,138
121,426
918
123,132
124,345
543
126,247
735
129,229
745
210
71
70
157
36
6,815
8,406
4,937
7,005
3,873
5,371
3,400
4,160
3,003
4,352
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediseounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated...
Total
37
342
2
390
4
345
5
491
5
583
276,033
277,905
271,484
288,135
283,176
338
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
MINNESOTA—Cont inued.
MINNEAPOLIS.
I'ln thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
8 banks.
8 banks.
8 banks.
7 banks.
6 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances "
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
I
Cash in vault and amount due from national
banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place.
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
112,979
61
104,983
44
102,319
57
100,536
42
2,462
4,624
5,449
1,684
662
8,712
2,670
5,574
5,357
1,687
675
7,389
2,506
10,925
5,466
1,686
685
9,541
2,304
12,380
5,142
1,668
693
9,075
120,848
49
2,516
8,145
6,184
1,902
686
5,607
3,188
3,767
3,836
4,533
11,302
20,281
12,159
11,188
15,524
5,655
3,289
114
1,806
7,074
3,022
129
1,811
142
6,316
2,856
111
2,342
8,903
2,983
114
2,315
8,586
4,244
173
3,043
142
964
139
137
1,250
162,557
165,494
161,923
12,200
8,060
12,200
8,060
12,200
8,050
12,000
7,950
11,500
7,850
4,836
2,817
13,130
4,020
2,756
15,854
4,068
2,761
14,729
4,421
2,707
16,788
20,354
284
2,392
64,328
4,553
2,763
18,722
25,905
257
2,645
63,527
26,786
334
3,439
60,777
25,343
280
3,369
66,889
25,580
204
4,419
76,638
19,739
3,572
19,436
4,133
20,972
3,184
19,197
2,037
28,232
1,864
60
60
60
60
60
60
8,005
38
267
133
482
88
1,538
38
205
10
1,828
15
2,251
7
2,080
20
1,831
12
1,820
634
248
419
426
473
353
393
162,557
165,494
161,923
162,986
183,427
142
428
183,427
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Acceptancs executed by other banks for
account of this bank
Liabilities other than those above stated...
Total
1
REPORT OF THE COMPTROti.BR OF THE CURRENCY.
339
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
M I N N E S O T A—Cont inued.
ST. PAUL.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
7 banks.
7 banks.
7 banks.
6 banks.
6 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of " acceptances "
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from
national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
67,968
29
64,435
31
59,251
57,064
32
54,272
22
276
9,713
4,651
2,027
6,510
162
15,784
5,292
2,028
6,752
459
18,236
5,283
2,028
6,358
440
22,119
5,478
1,987
52
25,617
6,218
1,993
7,078
2,960
2,759
2,687
8,250
11, 520
9,441
3,685
2,004
98
864
4,171
1,817
60
446
3,399
1,566
84
65
224
65
276
65
236
4,071
1,843
51
872
55
251
109,324
115,598
109,561
113,968
117,318
7,100
3,980
7,100
3,968
7,100
3,968
6,900
3,918
6,900
3,918
3,630
1,295
9,050
3,994
1,286
10, 865
3,851
1,295
9,284
3,886
1,093
10, 214
4,353
1,087
9,479
10,678
191
931
44, 818
15, 794
137
905
47, 760
13, 373
131
762
44,237
12,084
158
736
48,021
13,106
80
1,020
52,374
21,593
19,087
4,325
21,124
3,029
22,512
2,250
17,488
4,359
575
1,350
2,175
625
5
447
25
355
57
419
21
35
335
52
281
109, 561
113,968
117,318
6,664
2,782
10,259
3,602
10,846
4,386
2,091
726
55
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due t o State banks, bankers, and
t r u s t companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities
borrowed
Bills payable (including all obligations
representing money borrowed other t h a n
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash a n d outstanding
Acceptances executed for customers, e t c . . .
Acceptances executed b y other banks for
account of this bank
Liabilities other than those above s t a t e d . . .
Total
400
1,079
1,209
5
249
27
223
109,324
136
26
207
115,598
340
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
MISSISSIPPI.
[In thousands of dollars.]
RESOURCES.
Dec. 31,
1921.
Mar 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
30 banks.
30 banks
30 banks.
32 banks.
32 banks.
31,741
139
31,101
105
32,207
71
34,352
121
55
5,504
5,606
1,288
113
2,262
55
5,335
5,581
1,291
108
2,117
55
5,423
5,417
1,376
143
2,277
55
5,490
5,463
1,372
125
2,564
150
174
92
*
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
,
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from
national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
31, em
145
140
5,487
5,692
1,186
125
2,197
75
183
2,866
3,683
3,245
3,811
3,340
2,300
23
175
83
2,759
58
110
111
2,664
74
128
207
63
147
143
146
134
3,212
7
183
90
149
29
153
22
150
93
146
73
52, 440
54, 244
52, 301
54,270
56,635
3,950
2,647
4,010
2,644
4,010
2,644
4,535
2,699
4,535
2,699
600
2,907
25
160
801
2,943
4
214
1,007
2,948
9
276
883
2,960
8
225
1,057
2,906
33
315
2,412
29
395
24,061
3,104
32
348
25,530
3,139
21
391
23,865
3,390
24
281
25,862
3,224
13
243
26,020
10, 438
241
10,216
10,417
374
10,674
301
11,634
385
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities
borrowed
,
Bonds and securities, other than United
States, borrowed
,
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Acceptances executed for customers, etc..
Liabilities other than those above stated..
Total
255
57
57
323
182
145
65
110
323
1,248
2,977
140
18
1,759
1,922
55
19
1,464
1,281
55
20
1,114
983
55
37
1,356
1,884
55
43
52, 440
54,244
52,301
54,270
56,635
REPORT OF THE COMPTROLLER OF THE CURRENCY.
341
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
MISSOURI.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
110 banks. 110 banks. 110 banks. 110 banks. 110 banks.
RESOURCES.
Loans and discounts (including rediscounts )
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
47,359
137
11,188
4,409
1,606
164
3,281
46,690
135
11,505
4,097
260
3,231
45,994
126
10,878
4,134
1,669
326
3,221
45,388
111
10,744
4,413
1,680
343
3,325
45,108
143
11,817
5,078
1,715
376
3,556
138
146
140
105
190
8,024
8,484
8,035
8,831
10,242
1,144
293
202
157
1,392
164
131
92
1,236
174
108
101
1,320
251
118
154
1,652
158
136
131
61
289
76
289
69
289
72
289
63
78,451
78,361
76,500
77,144
80,654
6,940
3,842
6,940
3,845
6,940
3,843
6,950
3,846
7,125
3,913
1,571
5,747
423
1,705
5,749
616
1,840
5,746
436
1,501
5,757
836
1,645
5,787
977
3,688
6
214
36,802
4,086
14
222
36,604
3,909
13
200
35,601
4,229
17
243
36,364
4,633
78
282
38,856
13,961
136
14,158
397
14,469
154
47
15,548
186
512
418
370
287
366
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
,
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Liabilities other than those above stated...
Total
72
2,562
2,023
1,954
1,640
1,322
1,624
869
1,132
555
674
24
13
20
13
19
15
18
11
78,451
78,361
76,500
77,144
80,654
342
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
M 1 8 S O TJRI—Cont inued.
KANSAS CITY,
[la thousands
of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
12 banks.
12 banks.
12 banks.
12 banks.
12 banks.
97,839
81
91,273
37
89,064
49
87,203
49
90,810
86
350
4,706
5,297
1,743
127
8,567
113
9,355
5,035
1,747
127
9,302
5
8,130
5,066
1,746
188
9,364
10,317
6,545
1,745
193
14,028
6,376
1,616
193
10,949
9,156
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
10,130
8,453
10,172
12,302
16,772
20,220
12,759
20,521
16,119
5,722
2,916
204
234
6,832
2,503
188
148
6,347
2,176
114
292
104
93
104
47
104
48
7,177
2,956
168
292
104
34
151,691
156,488
148,100
153,857
7,603
3,695
125
290
104
47
165,948
8,150
4,805
8,400
4,505
8,400
4,507
8,400
4,520
8,400
4,520
3,569
2,081
200
23,614
3,953
2,063
4,045
2,081
3,777
2,088
3,998
2,080
29,614
28,926
32,789
34,794
28,275
202
2,685
54,030
30,440
168
2,371
59,022
29,593
146
1,951
57,740
29,762
308
2,584
60,952
32,150
194
2,493
* 66,561
4,998
2,802
4,580
6,459
4,842
1,444
5,070
1,132
4,556
3,658
394
124
73
73
59
1,700
13,722
421
4,049
920
2,703
290
1,381
1
350
113
62
113
144
63
5
661
590
882
5
655
1,008
151,691
156,488
148,100
153,857
165,948
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust comp anies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
. Liabilities other than those above stated...
Total
76
REPORT OF THE COMPTROI^LER OF THE CURRENCY.
343
Abstract of reports since September 6> 1921, arranged by States and reserve cities—Contd.
MISSOURI—Continued.
ST. JOSEPH.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
4 banks.
4 banks.
4 banks.
4 banks.
4 banks.
15,447
17
15,075
16
14,960
10
15,340
17
15,142
15
19
2,174
466
432
69
22
2,799
453
433
79
5
2,366
471
433
79
11
2,498
525
435
79
24
3,001
579
431
80
1,418
1,685
1,654
1,418
1,624
440
528
386
393
408
4,346
1,025
846
84
65
5,981
1,453
472
31
32
4,107
4,574
1,107
469
32
4,154
1,188
499
44
52
42
42
13
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
,
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
;
0 ther assets
Total.
1,159
548
42
11
29,114
26,306
1,100
900
1,100
900
1,100
900
1,100
900
1,100
900
495
840
2,144
549
841
3,641
600
831
2,855
530
832
3,064
600
843
3,078
6,442
2
371
7,654
5
115
7,279
1
94
7,001
7,662
4
113
6,983
7,695
2
130
7,165
5,092
137
5,193
214
5,284
70
5,507
5,318
305
185
145
145
27,294
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed,
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Liabilities other than those above stated ..
Total
578
894
100
100
2
19
44
2
22
38
26,899
19,114
26,306
1
11
37
1
24
33
26,985
27,294
344
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
MISSOURI—Continued.
ST. LOUIS.i
[In thousands of dollars.)
Dec. 31,
1921.
Mar. 10,
1922.
7 banks.
7 banks.
7 banks.
June 30,
1922.
Sept. 15,
1922.
9 banks.
8 banks. 2
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability* account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
164,186
24
165,891
15
922
14,341
17, 722
6,032
1,390
18,419
241
18,080
18,817
6,094
1,392
16,613
15,068
12,710
11,829
17,389
5,429
9,172
72
513
487
6,320
4,529
53
335
159,440
18
125
18,178
19,905
5,667
1,392
20,713
12,463
17,350
5,704
4,641
161,253
34
174,477
63
156
20,538
21,231
6,225
1,376
14,881
123
25:065
22,861
6,249
1,378
13, 059
12,510
15,258
16,489
15, 774
6,970
5,553
98
593
314
6,256
8,182
86
490
485
460
484
927
621
483
569
266,189
269,424
267,364
270,811
288,573
25,950
9,250
25,950
9,250
25,950
9,250
26,350
9,275
26,150
9,285
6,279
9,399
23,895
6,975
9,670
6,771
9,523
32,321
6,331
9,660
31,761
6,840
9,635
34, 805
28,916
39
1,699
116,817
33,478
167
1,254
111,294
35,147
42
1,356
108,336
33,281
38
2,258
112,895
31,282
211
1,512
123,620
29,719
3,282
30,762
4,729
34,566
1,425
38,387
1,754
1,760
32,398
2,818
1,665
1,655
1,655
1,478
5,861
805
680
11
71
104
640
125
935
76
156
1,013
41
128
992
267,364
270, 811
288,573
LIABILITIES.
Capital stock paid in
Surplus fund
AH other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
,
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
—
Cashier's checks outstanding
—
Demand deposits
—
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Liabilities other than those above statec -..
Total.
7
922
922
26
241
266,189
269,424
1 Redesignated as "Other reserve city," effective July 1,1922.
2 One bank transferred to country banks by reason of change in reserve requirements (from 13 per
cent to 7 per cent on demand deposits), effective July 1,1922.
REPORT OF THE COMPTROLLER OF THE CURRENCY.
345
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
MONTANA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
136 banks.
133 banks.
130 banks.
130 banks.
129 banks.
58.580
100
56,943
94
56,930
101
56,515
92
56,143
124
10
7,640
5,935
2,992
1,126
3,517
7,517
5,629
2,902
1,189
3,236
7,046
5,616
2,910
1,218
3,241
6,385
6,073
2,818
1,227
3,194
6,041
6,773
2,750
1,179
3,013
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
243
182
191
203
373
9,910
9,032
8,367
7,190
8,348
1,596
186
156
365
1,395
145
110
263
1,367
170
107
251
1,427
178
108
291
1,735
128
153
318
195
266
194
326
194
334
189
364
188
412
92,817
89,157
88,043
£,254
87,678
8,045
3,715
7,955
3,649
7,840
3,603
7,540
3,574
1,406
3,848
1,158
1,378
3,843
1
940
1,502
3,841
2
837
7,665
3,588
1,309
3,752
4
741
1,447
35
988
36,832
1,350
67
746
33,594
1,256
32,575
1,259
101
903
30,671
1,516
34
814
31,684
26,548
144
26,168
142
26,165
162
25,924
122
26,300
131
13
17
13
18
13
3
3
17
14
11
3,344
5,250
3,787
5,488
3,726
5,751
3,730
6,421
4,053
5,843
10
11
2
19
25
86,254
87,678
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings deposits)
United States deposits
United States Government securities, borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Liabilities other than those above stated...
Total.
18587°—23
23
4
15
22
21
28
92,817
19,157
88,043
1,434
3,747
28
927
346
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
MONTANA—Continued.
HELENA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
June 30,
1922.
1922.
Sept. 15,
1922.
2 banks.
2 banks.
2 banks.
2 banks.
2 banks.
3,713
25
549
81
96
45
518
3,801
45
468
3,946
15
590
66
96
45
460
3,946
7
590
54
96
45
411
220
139
294
309
1,279
1,484
951
131
57
50
91
58
13
79
53
21
17
17
KESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures;
Other real estate owned
,
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Total.
6,781
4,274
12
688
104
95
45
410
273
1,351
76
47
24
17
17
6,633
6,428
7,416
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Letters of credit and travelers' checks sold
for cash and outstanding
Total.
450
325
450
325
450
325
450
325
450
30
350
855
52
350
856
55
350
753
350
80
350
871
729
1
150
2,597
2,584
709
3
84
2,621
721
8
83
2,363
587
9
142
3,216
1,227
66
1,229
32
1,242
41
1,298
28
1,341
45
150
6,781
6,882
6,428
7,416
REPORT OF THE COMPTROLLER. OF THE CURRENCY.
347
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
NEBRASKA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
170 banks. 168 banks. 168 banks.
June 30,
1922.
Jepfc. 15,
1922.
169 banks.
168 banks.
RESOURCES.
Loans and discounts (including rediscounts)
,
Overdrafts
Customer's liability account of "acceptances"
,
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
210
72,848
255
72,281
259
71,604
225
71,026
316
10,902
2,903
2,863
749
3,909
10,800
2,762
2,853
909
4,268
24
10,397
2,883
2,907
1,030
4,202
21
9,979
2,667
2,928
1,165
4,308
33
10,066
2,983
2,892
1, 213
4,297
14
14
9,130
13,126
11,734
13,003
11,776
536
231
596
76
215
237
548
87
214
248
541
92
230
159
563
85
222
242
354
63
60
360
106
356
126
353
127
107,294
107, 418
106,201
10
106,337
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscount ed
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Liabilities other than those above stated..
Total
9,070
5,648
8,945
5,536
8,945
5,536
8,970
8,870
5,523
1,789
7,055
462
1,840
7,153
818
5,434
34
763
40,908
1,950
7,160
734
1,945
7,163
844
2,122
7,068
791
5,335
40
662
40,219
29,462
46
124
376
3,769
41
679
5,212
32
538
40,071
29,429
90
751
40,846
30,551
12
31,337
190
276
225
101
133
4,577
6,478
3,774
4,881
2,939
3,987
1,987
3,126
11
11
2
24
17
2
21
5
1,452
2,798
2
38
24
106,337
109,369
107,294
107,418
106,201
348
REPOKT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
N E B R A SKA—Cont inued.
LINCOLN.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
J u n e 30,
1922.
Sept. 15,
1922.
4 banks.
4 banks.
4 banks.
4 banks.
4 banks.
11,590
17
841
274
545
173
1,105
11,270
23
846
375
547
140
1,247
11, 867
21
835
356
548
126
1,394
12,857
13
875
476
548
72
1,359
361
267
293
314
2,472
2,557
2,780
673
194
21
52
891
262
43
87
715
260
12
158
51
29
56
29
3
745
232
30
123
28
1
17, 726
18, 207
19, 365
20, 471
19, 796
1, 425
825
1,425
825
1,425
825
1,425
825
1, 425
825
329
571
366
570
1,356
412
566
1,461
568
1,708
400
568
1,536
3,317
7
273
8,114
4,277
69
128
8,226
4,828
33
131
8,887
4,922
43
167
9,733
4,770
30
134
9,083
694
695
10
679
695
11
951
655
140
90
1922.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
574
205
82
12, 713
17
739
409
549
69
1,344
348
2,449
LIABILITIES.
Capital stock p a i d in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
A m o u n t d u e t o national banks
Amount due t o State banks, bankers, arid
t r u s t companies
Certified checks outstanding
Cashier's checks outstanding
D e m a n d deposits
T i m e deposits (including postal savings
deposits)
United States deposits
Bills payable (including all obligations
representing money borrowed other t h a n
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Liabilities other than those stated a b o v e . . .
Total.
3
27
17,726
18,207
26
19,365
20,471
19,796
EEPOBT OF THE COMPTROLLER OF THE CURRENCY.
349
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
NEBRASKA—Continued.
OMAHA.
[In thousands of dollars.]
Dec. 31
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 5,
1922.
10 banks.
10 banks.
10 banks.
10 banks.
10 banks.
KESOTJRCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
o f collection
Cash in vault and amount due from national
banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
69,568
74
4,029
4,073
3,323
226
6,172
3,226
11,272
5,461
1,488
268
502
70,184
147
4,728
4,765
3,322
253
67,231
60
4,746
4,801
3,363
269
6,210
66,840
87
6,874
5,466
3,363
274
6,645
68,373
75
8,679
5,090
3,367
280
7,623
6,414
4,064
3,673
4,373
13,063
13,462
12,889
5,848
2,057
258
790
6,965
3,060
741
7,070
2,266
405
654
4,205
14,203
94
51
7,033
2,395
269
471
94
50
109,827
118,533
112,903
118,238
121,334
6,950
3,700
6,950
3,700
6,950
3,700
6,950
3,700
6,950
3,700
2,883
1,877
10,073
3,002
1,876
16,101
2,831
1,861
13,136
2,773
1,877
15,203
2,802
1,883
14,058
16,767
313
802
46,804
22,293
252
1,230
47,670
19,287
216
1,342
46,881
19,945
373
1,691
52,762
20,123
338
1,495
57,050
11,532
310
12,411
947
12,373
371
11,327
543
10,934
1,266
511
122
120
112
103
2,142
5,075
4
1,655
2,501
110
650
3
431
13
3
304
17
3
445
21
17
201
181
118,533
112,903
118,238
121,334
94
49
94
96
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc
Liabilities other than those above stated
Total
109,827
350
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6y 1921, arranged by States and reserve cities—Contd.
NEVADA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
11 banks.
11 banks.
11 banks.
11 banks.
11 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks^ securities, etc
Banking house, furniture, and fixtures
Other real estate owned..
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection.
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
trust companies
Exchanges for clearing house
Checks on other banks in the same place
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
8,655
20
2,138
892
536
53
634
8,778
57
2,167
1,023
558
53
8,925
18
2,209
923
504
48
653
8,603
26
2,210
889
522
54
651
69
39
121
18
2,276
1,901
2,461
2,666
1,979
128
6
24
31
115
1
9
21
119
6
19
17
136
4
35
35
194
8
18
22
61
1
62
2
62
4
62
1
61
2
15,810
15,135
15,655
16,389
15,927
1,460
565
1,460
590
1,460
590
1,460
590
1,460
598
301
1,202
65
214
1,206
65
84
1,212
32
118
318
1,211
124
271
243
1,221
23
97
1,628
7
280
6,204
1,323
6
74
5,843
1,364
15
93
6,322
1,447
8
82
1,167
9
107
6,914
3,718
80
3,954
85
3,895
90
3,957
87
3,797
85
11
12
11
163
195
16,389
15,927
9,049
33
2,236
1,039
551
54
663
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federalreserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
—
Time deposits (including postal savings deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Liabilities other than those above stated...
Total
183
116
1
183
42
15,810
15,135
15,655
REPORT OF THE COMPTROLLER OF THE CURRENCY.
351
Abstract of reports since September 6\ 1921, arranged by States and reserve cities—Contd.
NEW HAMPSHIRE.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
56 banks.
56 banks.
56 banks.
56 banks.
56 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
31,516
42
31,186
22
30,893
43
31,025
40
31,287
39
12
12
11,840
9,522
1,491
106
2,862
12
11,439
9,492
1,512
94
2,717
7
11,510
9,369
1,504
106
2,881
10,976
9,751
1,484
94
2,840
7
11,349
10,170
1,493
146
3,175
322
290
5,223
410
292
726
5,276
4,729
6,272
87
125
119
447
94
92
78
232
74
108
99
301
64
86
119
436
138
194
112
337
251
42
251
37
253
28
252
254
36
63,556
63,197
62,751
62,229
65,740
5,335
4,118
5,335
4,118
5,335
4,218
5,365
4,288
5,365
4,291
2,255
5,004
243
227
2,421
5,041
203
234
2,451
5,038
253
278
2,316
5,059
219
203
2,539
5,073
411
418
2,493
34
302
32,891
2,868
59
321
32,112
2,708
57
397
31,053
2,656
93
397
31,253
2,401
62
468
35,239
6,931
623
7,200
723
7,310
357
7,632
278
8,023
382
104
119
54
54
50
1,919
732
12
1,957
473
12
2,435
791
12
1,797
609
7
801
206
7
63,197
62,751
62,229
65,740
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Acceptances executed for customers, e t c . . .
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated...
Total
1
326
63,556
352
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
NEW
JERSEY.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
June 30,
1922.
1922.
Sept. 15,
1922.
225 banks. 226 banks. 226 banks. 228 banks. 228 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
,
Amount due from State banks, bankers,
and trust companies
,
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
265,173
75
262,255
57
260,900
70
272,614
58
281,892
90
359
71,036
137,924
14,208
1,451
225
70,654
141,930
14,832
1,669
418
69,147
147,190
15,023
1,826
555
70,547
158,998
15,785
1,441
26,427
24,088
24,978
26,596
387
71,729
168,965
16,440
1,367
27,789
8,524
7,017
8,167
8,031
29,916
2,364
1,269
2,301
1,359
27,212
2,441
924
1,499
641
28,431
815
1,042
822
1,393
2,673
2,015
922
875
820
867
28,361
3,223
2,446
1,925
1,341
564,243
557,659
27,625
26,158
12,336
32,092
3,348
1,698
1,553
1,235
824
1,223
820
1,261
564,322
593,968
623,002
28,043
26,725
28,074
26,879
29,449
27,950
29,762
28,063
11,798
16,017
1,503
642
13,638
16,123
1,551
1,114
14,987
16,099
1,296
1,404
13,215
16,137
1,553
1,050
15,925
16,179
3,158
1,365
10,802
1,382
952
269,572
9,974
1,754
1,218
253,536
9,948
2,121
1,562
254,054
2,401
1,897
270,923
10,925
2,219
1,476
290,732
175,643
2,955
181,985
4,116
187,014
2,132
203,203
1,447
211,287
2,285
623
386
310
174
81
13,487
3,881
13,637
2,893
13,016
4,035
9,908
3,426
5,583
2,473
17
313
7
201
19
400
36
545
31
357
46
827
24
734
18
954
10
845
31
1,070
564,243
557,659
564,322
593,968
623,002
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc...
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated..
Total
REPORT OF THE COMPTROLLER OF THE CURRENCY.
353
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
NEW MEXICO.
[In thousands of dollais.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
49 banks.
48 banks.
47 banks.
47 banks.
29,281
38
3,436
1,322
902
408
28,211
57
3,379
1,216
936
419
1,812
28,858
29,516
3pt. 15,
1922.
45 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national
banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
1,593
36
3,211
1,260
50
3,314
1,297
945
457
952
521
1,897
1,790
29,150
60
3,326
1,266
952
634
1,614
180
223
140
171
3,823
4,992
3,839
3,307
508
1
145
79
610
2
249
73
575
8
172
146
494
1
158
115
115
116
347
116
275
118
153
116
143
173
41,749
41,157
43,084
42,579
41,536
3,335
1,789
3,310
1,792
3,285
1,790
3,285
1,793
3,210
1,757
2,292
111
747
341
2,300
72
753
372
2,303
74
1,096
293
2,320
45
855
356
2,291
75
686
1,190
47
634
17,915
1,447
47
366
18,603
1,509
42
425
20,244
1,258
59
500
20,684
978
37
396
19,385
7,478
227
7,698
248
8,032
204
7,815
232
8,365
246
17
58
116
115
1,085
4,583
730
3,355
565
3,014
497
2,769
571
3,013
3
68
1
36
2
46
3
55
2
53
41, 749
41,157
43,084
42,579
41,536
134
3,041
822
3
193
113
LIABILITIE6.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
\
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Liabilities other than those above stated...
Total
354
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since Septerriber 6> 1921, arranged by States and reserve cities—Contd.
NEW YORK.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
May 5,
June 30,
1922.
1922.
1922.
Sept. 15,
1922.
462 banks. 461 banks. 464 banks. 464 banks. 465 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts...
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national
banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
376,295
206
377,274
236
381,187
220
381,159
213
867
101,529
194,447
14,003
1,386
721
98,627
204,091
14,226
1,732
754
94,747
211,968
14,359
1,743
800
99,649
229,545
14,874
1,766
32,121
32,540
34,500
37,388
4,654
5,593
6,226
7,513
35,234
38,396
36,089
44,268
1,679
1,086
4,912
528
1,053
1,005
1,672
851
4,739
563
1,368
1,087
1,682
751
4,653
819
1,916
1,391
1,703
1,113
5,498
614
1,516
1,161
1,676
909
769,879
770,763
783,626
793,388
828,549
44,570
33,990
45,277
34,182
45,430
34,219
46,117
34,562
46,309
34,990
16,655
33,073
1,263
1,834
19,128
33,161
1,100
1,811
21,911
33,462
1,243
1,992
18,230
33,586
1,431
1,923
21,389
33,343
2,016
2,520
6,424
2,020
916
295,391
6,386
993
666
294,185
6,196
1,495
953
306,885
6,199
1,704
931
312,443
6,614
1,357
691
338,408
301,714
3,551
308,260
5,523
312,285
1,709
317,771
1,210
326,877
2,352
380,541
203
101,658
187,239
13,471
1,335
32,692
5,123
35,372
4,825
929
1,582
1,358
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks....Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc..
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated..
Total
650
379
290
112
103
97
95
90
15,876
9,606
10,525
7,168
8,341
5,333
9,352
5,628
5,663
3,536
1
785
14
814
11
664
6
837
31
831
128
539
68
660
107
1,045
67
1,194
769,879
770,763
783,626
793,388
828,549
1,236
EEPOET OF THE COMPTROLLER OF THE CURRENCY.
355
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
NEW
YORK—Continued
ALBANY.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
3 banks.
3 banks.
3 banks.
3 banks.
3 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
39,255
11
54,469
3
46,333
10
40,917
42,182
200
4,793
10,198
1,626
156
4,198
137
5,322
11,630
1,453
127
6,518
62
6,644
12,349
1,448
118
7,027
50
8,055
12,089
1,416
120
5,298
12
8,854
11,733
1,413
121
4,740
3,351
2,349
3,031
6,170
4,322
5,815
4,349
4,418
9,077
4,677
2,252
584
4
387
1,663
233
1,658
371
1,545
270
124
4,876
546
4
248
93
246
93
147
92
308
201
73,169
92
386
88,856
83,833
!9,270
80,285
2,850
3,400
2,850
3,400
2,850
3,400
2,850
3,400
2,850
3,400
2,202
1,811
1,013
7,345
2,264
1,742
1,066
7,435
2,360
1,769
2,329
7,623
2,403
1,798
2,000
7,058
2,602
1,776
1,637
9,187
7,243
99
283
36,240
8,095
65
59
52,469
7,093
103
47
46,991
7,777
127
103
50,106
8,370
129
41
39,550
7,649
612
7,700
1,301
8,322
654
9,030
478
9,755
766
118
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Acceptances executed for customers, etc...
Liabilities other than those above stated..
Total
30
10
1,900
250
200
72
137
263
62
230
50
190
12
180
73,169
88,856
83,833
89,270
80,285
1,900
356
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
NEW YORK—Continued.
BROOKLYN AND BRONX.
[In thousands of dollars.]
RESOURCES.
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
5 banks.
5 banks.
5 banks.
5 banks.
5 banks.
^
Loans and discounts (including rediscounts) . .
.
....
Overdrafts
Customer's liability account of "acceptances ''
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank:..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house....
Checks on other banks in the same place..
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
28,918
4
29,327
2
29,696
2
29,149
30,267
7
3
3,401
3,855
466
33
3,361
57
3,521
3,945
472
33
3,430
56
3,969
4,488
456
29
4,656
68
4,121
4,612
453
41
2,785
17
4,151
4,845
454
41
4,219
789
1,004
977
1,097
1,402
1,290
1,894
1,479
1,441
1,831
377
827
75
291
239
910
63
295
286
1,128
66
342
945
1,188
123
557
259
928
606
76
35
140
35
109
35
91
36
174
]28
43,865
45,336
47,756
46,801
49,266
2,100
1,905
2,100
1,905
2,100
1,905
2,100
1,905
2,100
1,905
1,498
687
198
1,693
700
92
1,704
698
81
1,660
699
93
1,843
700
130
3,524
331
334
30,879
3,745
264
489
31,394
4,525
345
480
32,807
4,419
357
1,177
31,823
4,877
507
577
34,233
826
1,037
1,157
1,302
1,015
743
1,208
633
1,324
849
200
164
250
1,050
36
420
30
33
3
5
3
57
45
56
53
68
24
17
176
6
174
166
156
147
43,865
45,336
47,756
46,801
49,266
35
LIABILITIES.
Capital stock paid in
Surplus fund...
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, ar d
and trust companies.
Certified checks outstanding.
Cashier's checks outstanding
Demand deposits .
Time deposits (including postal savings
deposits)
United States deposits .
Bills payable (including all obligations representing money borrowed other than
rediscounts) .
Notes and bills rediscounted
Letters of credit and travelers' checks soli
for cash and outstanding
Acceptances executed for customers, etc...
Acceptances executed by other banks for
account of this bank
Liabilities other than those above stated...
Total .
3
REPORT OF THE COMPTROLLER OP THE CURRENCY.
357
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
NEW
YORK—Continued.
BUFFALO.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
6 banks.
4 banks.
4 banks.
4 banks.
4 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Lawfulreserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from nationalbanks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Eedemption fund and due from United
States Treasurer
Other assets
Total.
36,705
34,835
2
35,913
4
34,562
7
512
3,426
7,390
1,367
3,776
341
2,785
6,619
1,211
3,703
100
3,538
7,176
1,211
3,797
70
5,484
7,252
1,214
3,883
7,930
7,767
1,212
3,573
36,297
87
1,197
1,330
1,352
1,526
2,019
2,293
2,351
2,191
2,256
2,959
1,243
781
40
538
1,029
632
9
90
1,026
444
11
190
1,366
796
29
3,803
1,007
508
21
180
107
274
100
258
100
256
130
282
142
256
59,655
55,295
57,309
62,660
63,965
3,850
1,963
3,350
1,912
3,350
1,913
3,350
1,913
3,600
2,004
972
2,096
1,742
1,014
2,000
1,842
2,000
1,574
927
2,600
1,690
962
2,745
2,016
1,992
546
84
35,132
2.307
52
35,104
1,975
123
91
37,842
1,939
105
110
41,026
2,335
120
52
37,353
6,983
614
6,364
780
6,605
540
8,222
11,671
790
414
55
55
48
48
1,903
512
90
341
148
100
75
100
70
172
82
13
13
11
16
5
10
59,655
55,295
57,309
62,660
63,965
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to nationa 1 banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities
borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Acceptaces executed for customers, etc
Acceptances executed by other banks for
account of this bank
liabilities other than those above stated
Total
•
358
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921 ^ arranged by States and reserve cities—Contd.
NEW
YORK—Continued.
NEW YORK (CENTRAL RESERVE CITY BANKS).
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
28 banks.
29 banks.
28 banks.
31 banks.
27 banks.
2,165,428
516
2,037,791
1,653
2,018,164
513
2,062,213
430
99,168
321,672
265,435
33,135
2,030
93,900
333,769
246,642
34,269
885
332,290
87,460
405,586
274,221
34,482
764
337,103
91,141
503,893
308,721
36,716
746
351,953
53,281
57,113
318,219
57,429
53,465
53,062
61,569
53,447
15,547
331,045
12,272
8,183
11,135
523,776
16,235
7,785
52,505
RESOURCES.
Loans and discounts (including rediscounts).
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
10,668
254,171
26,125
10,550
1,955
98,800
3,752,482
1,969
106,052
2,031
119,421
3,663,013
169,100
215,045
1,909,931
478
85,875
526,291
264,728
36,011
853
72,557
48,293
12,178
429,433
19,411
16,613
3,948,851
12,130
567,663
25,270
12,571
2,018
122,274
4,178,079
3,924,427
173,800
217,645
173,800
218,595
179,060
220,903
173,615
213,208
38,297
135
242,789
110,747
38,877
175
297,799
108,660
39,422
452
287,281
106,479
39,580
303
269,460
115,132
37,475
162
307,394
525,592
27,962
80,380
1,862,699
500,240
144,958
79,509
1,705,467
609,887
161,817
100,804
1,853,622
536,514
164,181
145,319
2,025,973
530,966
131,248
101,382
1,865,913
137,435
51,850
158,047
50,166
173,399
36,937
271,553
22,728
246,498
33,227
8,192
5,678
5,678
5,823
5,793
1,900
111, 810
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due t o national banks
Amount due t o State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted.
Letters of credit and travelers* checks iiold
for cash a n d outstanding
Acceptances executed for customers, e t c . . .
Acceptances executed b y other banks for
account of this bank
Liabilities other than those above stated...
Total
45
2,901
114,730
34,230
14,085
33,126
27,483
32,142
25,558
38,739
9,730
39,751
2,080
102,574
2,356
94,937
2,477
88,059
3,688
88,584
2,969
81,585
9,150
8,724
23,791
8,659
19,632
9,596
24,038
10,060
18,319
3,752,482
3,663,013
3,948,851
4,178,079
3,924,427
359
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—ContcL
NORTH
CAROLINA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
87 banks.
86 banks.
111,255
264
109,735
213
May 5,
1922.
June 30,
1922.
87 banks. ! 86 banks.
Sept. 15,
1922.
87 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of " acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
663
16,216
3,589
5,644
180
5,836
92
16,586
3,809
5,806
203 I
5,345 I
110,320
189
110,820
214
95
15,873
3,986
5,819
320
5,420
50
14,841
4,094
5,693
335
6,543
113,605
241
91
15,499
4,461
6,367
342
6,525
2,118
2,021 j
2,726
2,770
2,956
11,801
11,987 I
12,175
12,815
13,547
3,673
382
829
949
3,326
308
370
770
3,656
231
510
2,749
503
873
771
4,783
329
518
903
400
66
420
98
170,685
498
40
i
i
!
\
417J
31
163,937
161,019
162,646
418
72
163,561
13,042
7,923
13,117
8,353
13,340
8,390
13,290
8,415
13,340
8,414
3,448
8,262
2,071
2,948
3,479
8,233
1,568
2,810
3,807
8,321
2,481
2,834
3,631
8,296
1,975
2,745
4,034
8,384
2,804
2,897
6,518
53
1,017
57,308
7,031
258
863
56,897
7,076
192
1,296
55,724
39,336
654
42,340
466
42,891
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Acceptances executed for customers, etc •...
Liabilities other than those above stated..
Total
489
549
515
58
58
6,924
12,922
728
176
5,358
9,340
92
241
5,218
9,788
95
221
163,937
161,019
162,646
412
71
6,909
213
1,016
59,603 !
I
45,134 j
432 I
253 i
8,600
429
761
64,327
45,324
651
309
58
53
3,461
7,873
50
177
3,310
6,779
91
173
163,561 i
170,685
360
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
NORTH DAKOTA.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
182 banks.
181 b a n k s .
182 b a n k s .
66,392
75
7,283
6,392
2,907
1,226
3,247
64,766
76
7,078
5,914
2,926
1,236
3,458
65,405
90
7,246
5,101
2,961
1 380
3,294
June 30,
1922.
Sept. 15,
1922.
182 banks. 183 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned ,
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
. .
Cash in vault and amount due from national banks.
Amount due from State banks, backers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
66,402
88
6,913
5,183
2,954
1 469
3,227
67,640
149
6,903
5,448
2,975
1 564
3,259
115
119
132
119
179
5,460
9,352
6,681
5,555
7,703
630
205
121
280
763
164
72
240
632
172
66
213
875
191
61
233
765
203
90
216
228
305
227
298
229
345
"228
367
230
553
94,866
96,689
93,947
93,865
97,877
7,220
3,476
7,195
3,489
7,220
3,504
7,220
3,504
7,245
3,499
1,423
4,523
22
767
1,105
4,527
4
1,227
1,106
4,553
10
1,239
982
4,557
1
981
883
4,589
1
1,126
1,824
45
861
27,027
2,844
87
877
29,071
2,752
81
517
26,314
2,360
75
540
24,929
2,653
66
645
27,879
36,177
194
36,784
151
37,296
203
38,405
135
39,197
136
135
88
86
93
81
5,642
5,479
51
5,451
3,740
49
5,869
3,160
37
6,168
3,878
37
5,755
4,087
35
94,866
96,689
93,947
93,865
97,877
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding.
. .
Cashier's checks outstanding..
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations representing money borrowed other i;han
rediscounts)
Notes and bills rediscounted
Liabilities other than those above stated...
Total . . . .
EEPORT OF THE COMPTROLJLER OF THE CURRENCY.
361
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
OHIO.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
356 banks. 355 banks. 353 banks. 353 banks. 352 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances "
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total
282,483
267
282,327
359
274,231
293
277,312
292
279,468
358
209
53,810
82,867
14,534
1,672
20,900
119
55,176
83,842
14,686
1,790
21,146
56
54,098
82,552
14,686
1,935
19,789
31
53,772
85,058
14,872
1,881
20,822
42
56,339
85,952
15,080
1,902
22,838
1,406
1,134
975
1,160
1,244
32,884
34,143
32,486
35,911
37,974
5,539
2,092
1,216
809
6,522
1,440
787
853
7,026
1,453
791
747
7,755
1,561
969
735
8,749
1,442
845
798
1,496
357
1,482
321
1,462
349
1,468
353
1,470
343
502,541
506,127
492,929
503,952
514,844
38,014
27,372
38,079
27,478
37,735
27,392
38,050
27,679
38,325
27,619
13,821
29,453
650
841
14,389
29,499
602
783
14,876
29,284
617
830
13,951
28,977
647
787
14,587
29,335
1,015
1,653
4,531
576
1,556
212,240
5,767
516
865
220,618
4,963
715
921
211,483
5,634
666
1,143
221,830
6,086
529
804
233,244
148,874
1,400
150,992
963
148,042
643
150,217
497
149,411
573
2,906
2,837
2,958
2,706
2,576
166
32
43
70
211
10,089
9,719
6,323
5,781
6,019
5,974
5,839
4,985
5,266
3,301
209
122
119
484
31
56
347
31
234
42
267
502,541
506,127
492,929
503,952
514,844
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' chacks sold
for cash and outstanding
Acceptances executed for customers, etc...
Liabilities other than those above stated...
Total
18587°—23-
-24
362
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
OHIO—Continued.
CINCINNATI.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
7 banks.
7 banks.
7 banks.
7 banks.
7 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, backers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
,
Redemption fund and due from United
States Treasurer
Other assets
Total
80,677
24
76,466
4
73,792
2
74,495
2
72,663
2
130
200
20,461
13,639
3,260
114
218
20,439
14,341
3,260
114
6,543
30
23,440
16,334
3,260
114
7,746
24,302
16,765
3,275
113
7,835
9,642
9,677
11,795
9,135
10,045
11,753
1,609
2,4G9
311
179
1,884
3,063
450
176
1,915
2,730
349
224
391
45
391
106
392
13,326
13,783
3,260
28
7,063
7,638
8,728
9,463
9,278
11,856
1,237
2,503
318
220
390
104
1,513
2,385
135
158
387
71
141,069
147,750
142,430
151,213
154,206
13,400
7,400
13,400
7,400
13,400
7,400
13,400
7,400
13,400
7,400
5,689
7,709
11,550
6,183
7,779
13,606
5,740
7,780
12,764
5,985
7,766
13,492
6,604
7,812
14,377
16,458
1,549
1,358
53,542
19,137
419
565
59,032
16,942
489
1,148
56,279
18,589
397
1,338
61,896
19,476
390
1,448
64,413
11,582
2,802
11,647
3,594
11,857
2,215
12,484
1,990
12,626
1,524
3,801
3,965
3,985
3,739
3,456
214
214
214
214
214
195
3,475
290
655
1,158
1,100
1,224
400
501
28
150
167
107
200
212
218
186
30
169
165
141,069
147,750
142,430
151,213
154,206
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
,
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities: borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligation,? representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, e t c . .
Liabilities other than those above stated..
Total
REPORT OF T H E COMPTRO1XER OF THE CURRENCY.
363
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
OHIO—Continued.
CLEVELAND.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
3 banks.
3 banks.
3 banks.
3 banks.
3 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of " acceptances "
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures.....
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
46,347
22
12
959
8,693
7,039
49
5
552
9,209
8,580
49
5
3,201
3,561
47,303
38
48,701
13
51,388
5
767
8,473
7,980
52
774
10,072
7,785
54
22
648
13,565
9,080
56
3,552
3,754
1,658
1,327
1,610
2,065
2,233
438
1,041
58
2,172
2,509
2,568
3,973
2,738
2,523
1,031
670
330
405
1,015
102
157
377
71,763
160
442
167
304
850
1,031
308
210
516
76,409
74,519
78,830
86,763
4,800
2,925
4,800
2,925
4,800
2,925
4,800
2,935
4,800
2,935
1,331
3,051
1,100
1,438
3,125
1,194
1,698
3,474
1,316
1,785
4,426
1,691
1,770
4,559
2,299
3,011
248
541
21,329
2,950
2,912
183
325
238
279
29,212
26,870
3,759
136
317
32,067
3,786
170
416
34,896
17,364
2,471
18,729
1,690
20,097
1,629
20,048
23,741
967
4,202
2,605
2,200
2,089
1,922
222
236
236
340
440
482
7,568
200
6,036
564
4,280
475
2,709
159
576
185
4
835
162
1,062
1,488
2
831
160
71,763
76,409
74,519
78, mo
86,763
695
322
230
526
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
'.
Acceptances executed for customers, etc...
Liabilities other than those above stated...
Total
1
682
195
364
REPORT OF THE COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
OHIO—Continued.
COLUMBUS.
[In thousands of dollars.]
Dec. 31,
Mar. 10,
1922.
May 5,
1922.
June 30,
Sept. 15,
7 banks.
7 banks.
7 banks.
7 banks.
7 banks.
1921.
1922.
1922.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of " acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank.
Items with Federal reserve bank in process of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Total
814
5,748
8,280
248
4,777
40,978
40,995
5
41,587
4
42,308
5
526
538
9,597
8,724
1,746
46
5,111
638
11,640
8,955
1,780
46
15
11,401
8,783
1,841
46
5,519
5,949
9,074
1,666
46
4,909.
615
4,095
1,010
880
70
107
6,028
1,973
939
44
84
571
5,892
1,386
1,071
70
139
406
713
6,426
6,593
2,559
887
107
128
143
141
141
1,694
1,094
61
127
162
67,928
76,317
76,032
80,139
81, 503
3,200
4,000
3,975
4,000
3,975
4,400
4,600
4,400
<600
1,119
2,618
418
2,122
1,351
2,767
346
2,633
1,294
2,799
183
2,847
1,372
3,087
276
3,014
1,554
3,206
487
3,521
5,145
843
505
36,397
5,881
185
165
44,779
211
219
45,433
5,467
127
175
48,523
6,469
156
272
48,230
6,672
1,865
6,768
1,712
6,823
1,023
6,620
443
7,063
597
324
766
324
338
450
290
1,436
814
500
463
526
665
538
1,059
638
483
15
67,928
76,317
76,032
80,139
81,503
168
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities, borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Acceptances executed for customers, etc...
Liabilities other than those above stated...
Total
,
REPORT OF THE COMPTKOLWER OF THE CURRENCY.
365
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
OHIO—Continued.
TOLEDO.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
3 banks.
3 banks.
3 banks.
3 banks.
3 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances"
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total .
22,609
21,736
19,949
20,472
300
4,893
4,113
1,761
100
5,638
4,408
1,761
4,
1,761
5,431
6,008
1,761
2,403
2,305
2,188
2,508
654
675
859
1,148
1,377
3,7C7
3,237
4,180
3,674
4,569
1,565
577
20
83
1,169
479
6
44
1,959
494
1,618
498
2
82
1,970
442
2
106
125
62
125
13
125
5
125
15
125
19
42,872
41,698
41,943
43,342
47,006
2,500
3,500
2,500
3,500
2,500
3,500
2,500
3,500
2,500
3,500
1,886
2,451
250
848
1,891
2,474
380
584
1,831
2,466
505
580
1,834
2,493
339
1,949
2,476
669
767
3,427
707
650
17,029
3,781
165
69
17,754
3,910
268
243
17,470
3,640
240
215
18,607
3,925
294
226
21,557
7,468
158
7,432
85
7,605
77
7,386
121
969
974
924
922
380
293
400
21,827
100
5,858
6,143
1,761
35
2,672
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Acceptances executed for customers, e t c . . .
Liabilities other than those above stated...
Total
677
300
52
100
14
14
10
100
67
42,872
41,698
41,943
43,342
47,006
366
REPORT OF THE! COMPTROLLER OF THE CURRENCY.
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
OKLAHOMA.
[In thousands of dollars.]
Dec. 31,
1921.
362 banks.
Mar. 10,
1922.
June 30,
May 5,
1922.
1922.
Sept. 30,
389 banks. 414 banks. 427 banks. 429 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
Customer's liability account of "acceptances''
United States Government securities.
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of collection
Cash in vault and amount due front national banks
Amount due from State banks, bankers,
and trust companies
E xchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer
Other assets
Total.
120,792
342
121,198
379
125,287
352
131,016
361
156
37
16,808
13,175
5,921
1,347
9,290
39
16,428
13,446
6,206
1,405
9,648
17,312
13,411
6,510
1,557
17,1*43
13/070
5,596
1,183
8,642
131,670
5
17,680
12,498
6,729
1,669
10,622
172
186
134
108
265
24,071
27,234
28,364
37,422
34,125
1,610
296
1,036
664
1,668
266
566
426
1,933
238
614
472
2,179
341
744
487
2,259
350
697
644
427
138
418
228
431
251
439
243
442
538
195,338
199,147
205,248
222,624
220,686
17,434
5,547
18,155
5,619
19,185
5,772
19,860
5,852
19,860
5,769
1,322
8,535
2,298
8,518
2,828
1,892
8,407
1
3,520
3,476
1,701
8,685
2
5,268
3,366
80
5,199
103,716
3,210
62
3,556
107,904
2,811
58
2,327
112,859
2,980
110
5,177
123,805
28,110
442
539
33,379
480
35,075
599
1,877
8,730
1
4,743
3,138
51
2,487
124,988
35,810
923
720
738
700
645
208
160
165
182
198
5,773
11,746
4,154
10,720
3,163
9,890
2,697
9,832
2,558
8,844
12
156
143
10
37
115
39
123
5
85
55
195,338
199,147
205,248
222,624
LIABILITIES.
Capital stock paid in
Surplus fund
All other undivided profits, less expenses
and taxes paid— ^
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
United States Government securities borrowed
Bonds and securities, other than United
States, borrowed
Bills payable (including all obligations
representing money borrowed other than
rediscounts)
Notes and bills rediscounted
Letters of credit and travelers' checks sold
for cash and outstanding
Acceptances executed for customers, etc..
Liabilities other than those above stated..
Total
5
9
REPORT OF THE C O M P T R O L J J E R OF THE CURRENCY.
367
Abstract of reports since September 6, 1921, arranged by States and reserve cities—Contd.
OKLAHOMA—Continued.
MUSKOGEE.
[In thousands of dollars.]
Dec. 31,
1921.
Mar. 10,
1922.
May 5,
1922.
June 30,
1922.
Sept. 15,
1922.
4 banks.
4 banks.
4 banks.
4 banks.
4 banks.
RESOURCES.
Loans and discounts (including rediscounts)
Overdrafts
United States Government securities
Other bonds, stocks, securities, etc
Banking house, furniture, and fixtures
Other real estate owned
Lawful reserve with Federal reserve bank..
Items with Federal reserve bank in process
of c o l l e c t i o n . . .
...
Cash in vault and amount due from national banks
Amount due from State banks, bankers,
and trust companies
Exchanges for clearing house
Checks on other banks in the same place...
Outside checks and other cash items
Redemption fund and due from United
States Treasurer.
Other assets
Total
9,789
12
1,592
724
419
294
991
9,701
13
1,771
681
421
313
959
9,360
7
1,844
599
442
312
1,109
9,308
6
2,021
590
626
86
949
9,489
18
2,022
576
626
103
1,070
448
207
219
233
351
1,222
1,877
1,604
1,743
1,781
374
114
14
20
202
116
193
138
308
99
306
106
65
12
82
134
58
4
57
3
57
4
58
5
58
16,075
16,386
15,900
16,114
16,640
1,250
365
1,250
365
1,250
365
1,250
370
1,250
370
191
1,142
3
847
257
1,150
317
1,150
190
1,138
263
1,142
1,093
1,036
1,391
1,452
394
13
1,090
6,343
439
14
434
6,893
369
22
406
6,889
408
14
371
7,023
361
11
528
6,941
3,451
349
3,760
207
3,798
104
3,846
100
3,999
100
70
566
35
488
25
169
1
1
16,075
16,386
LIABILITIES.
Capital stock paid in ...
Surplus fund
All other undivided profits, less expenses
and taxes paid
National-bank notes outstanding
Due to Federal reserve banks
Amount due to national banks
Amount due to State banks, bankers, and
trust companies
Certified checks outstanding.
Cashier's checks outstanding
Demand deposits
Time deposits (including postal savings
deposits)
United States deposits
Bills payable (including all obligations representing money borrowed other than
rediscounts)
Notes and bills rediscounted.
Letters of credit and travelers' checks sold
for cash and o
@FedFRASER